ORBEL 28

About the conference
What is OR
Organisation
Deadlines
Call for papers
Registration
   Registration
   Participants
Conference program
   Key speakers
   Speakers
   Detailed program
Location
Conference dinner
Partners
Contact

 

Detailed schedule

Click on a link for more details
Show all the abstracts

Thursday 30 January:

9:00-9:30Registration (Hall of Vesale Building)
9:30-10:45Plenary session (Room Vesale 023)
Welcome
Invited speaker: Gerhard Woeginger
Optimization at the second level
10:45-11:15Coffee break
11:15-12:30Parallel sessions
  TA-1: COMEX - Optimization 1
Chair: M. Schyns
Room: Vesale 023
TA-2: Software and Implementation
Chair: M. Mezmaz
Room: Vesale 020
TA-3: COMEX - Smart mobility
Chair: A. Caris
Room: Vesale 025
TA-4: Systems
Chair: P. Kunsch
Room: Pentagone 0A11
12:30-14:00Lunch (First floor of the Restaurant building)
13:30-General Assembly
14:00-15:40Parallel sessions
  TB-1: Data Analysis 1
Chair: X.Siebert
Room: Vesale 023
TB-2: Multiple Objectives
Chair: Y. de Smet
Room: Vesale 020
TB-3: Logistics
Chair: D. De Wolf
Room: Vesale 025
TB-4: COMEX - Applications to Economy
Chair: W. Brauers
Room: Pentagone 0A11
TB-5: Networks
Chair: B. Fortz
Room: Pentagone 0A07
15:40-16:10Coffee break
16:10-17:25Parallel sessions
  TC-1: Mixed-integer nonlinear programming
Chair: Y. Crama
Room: Vesale 023
TC-2: Decision Analysis 1
Chair: S. Eppe
Room: Vesale 020
TC-3: Routing
Chair: K. Sörensen
Room: Vesale 025
TC-4: Graphs
Chair: H. Mélot
Room: Pentagone 0A11
TC-5: Scheduling
Chair: S. Hanafi
Room: Pentagone 0A07
 
17:30-General Assembly (if quota not reached at 13:30)
19:30-Conference dinner

Friday 31 January
9:00-10:15Parallel sessions
  FA-1: Queuing
Chair: S. Wittevrongel
Room: Vesale 023
FA-2: Decision Analysis 2
Chair: R. Bisdorff
Room: Vesale 020
FA-3: COMEX - Optimization 2
Chair: M. Labbé
Room: Vesale 025
FA-4: Production
Chair: D. Tuyttens
Room: Pentagone 0A11
 
10:15-10:40Coffee break
10:40-12:40Plenary session (Room Vesale 023)
Invited speaker: Matthias Ehrgott
From routeplanning to scheduling and policy decisions: Applications of multiobjective optimization in transportation
ORBEL Award
Wolsey award announcement
12:40-14:00Lunch (First floor of the Restaurant building)
14:00-15:40Parallel sessions
  FB-1: Data Analysis 2
Chair: P. Fortemps
Room: Vesale 023
FB-2: Heuristics
Chair: T. Stützle
Room: Vesale 020
FB-3: COMEX - Transportation
Chair: F. Spieksma
Room: Vesale 025
FB-4: Health
Chair: G. Vanden Berghe
Room: Pentagone 0A11
 
15:40-17:00Closing: Coffee, beers and wine


Thursday 11:15-12:30 TA-1: COMEX - Optimization 1
Room Vesale 023 - Chair: M. Schyns

Thursday 11:15-12:30 TA-2: Software and Implementation
Room Vesale 020 - Chair: M. Mezmaz

Thursday 11:15-12:30 TA-3: COMEX - Smart mobility
Room Vesale 025 - Chair: A. Caris

Thursday 11:15-12:30 TA-4: Systems
Room Pentagone 0A11 - Chair: P. Kunsch

Thursday 14:00-15:40 TB-1: Data Analysis 1
Room Vesale 023 - Chair: X.Siebert

Thursday 14:00-15:40 TB-2: Multiple Objectives
Room Vesale 020 - Chair: Y. de Smet

Thursday 14:00-15:40 TB-3: Logistics
Room Vesale 025 - Chair: D. De Wolf

Thursday 14:00-15:40 TB-4: COMEX - Applications to Economy
Room Pentagone 0A11 - Chair: W. Brauers
  • Heuristics for Varian's Index
    Bart Smeulders (KU Leuven)
    Co-authors: Frits C.R. Spieksma
  • Investment in Shares by MULTIMOORA Multiple Objectives Optimization
    Willem K. M. Brauers (Vilnius Gediminas Technical University and University of Antwerp)
    Abstract:
    Willem K. M. Brauers, Vilnius Gediminas Technical University and University of Antwerp, Faculty of Applied Economics. Romualdas Ginevicius, Faculty of Business Management, Dept. of Economics and Management of Enterprises, Vilnius Gediminas Technical University. Abstract: Shareholders participate in the capital of a company. In a company quoted on a Stock Exchange, this ownership is rather passive as the shareholders are excluded from any form of management, with exception for the reference shareholders. Investments in stocks from a selection of companies with a different activity or a different location will diminish the risk after the saying: "you must not put all your eggs in one basket". In addition, the advices of experts will help too. These advices may have different forms, such as from: Credit Rating Agencies like Moody, Standard&Poor's and Fitch, a general theory about investment in stocks such as the Buffet philosophy, the advice of one or different experts based on: their personal experience, company balance analyses, interviews with managers or sampling. Why not on basis of Multiple Objectives Optimization, which would be new and preferably for leading World Indices such as: Dow Jones?Industrial New York, FTSE100 London or Nikkei225 Tokyo? Taking into consideration for instance 6 objectives would lead to a matrix of 600 elements for the FTSE100 London and for Nikkei225 Tokyo even more. Therefore a MOO approach which can handle large matrices has to be chosen. MULTIMOORA responds to this condition and, even more, is composed of three different methods which can control each other and is based on dimensionless measures, excluding the difficult problem of normalization. In order to summarize the 3 outcomes a Theory of Domination is applied. To make the application much simpler the Belgian Bel20 Index was used but with 8 objectives, specific for Belgium. With the three Bank shares excluded, due to the instability of banks at the moment, the matrix involved still counted 102 elements. As a measure of importance a 9th objective was added under the form of the opinion of the analysts for each share which stresses a general opinion on each share. The analysts lead to the following advices: 1 ? 1.49 buy 1.5. – 2.49 increase your stock 2.5 – 3.49 hold 3.5 – 4.49 decrease your stock 4.5 – 5 sell. General Remarks: The application concerns the past. Pure extrapolation has no sense for such a fluctuating market. Many other factors have to be taken into consideration. Regularly revisions are needed. Companies with an effective management are assumed. Finally, there are the Unknown Unknowns or may we say the Economics of Uncertainty? For instance, a combination of Earthquake, Tsunami and Atomic Plants disasters is certainly fatal for insurance companies. Concerning the Belgian BEL20 Index changes in composition are typical, due to severe regulations and the rather small size of the Belgian companies. In addition, since the birth of NYSE?EURONEXT, grouping the places of New York, Brussels, Paris, Amsterdam and Lisbon, the importance of the place of Brussels diminished considerably. Therefore this investigation is just an exercise how to operate similar studies. It would be preferable that a larger group than our two researchers would repeat the application for a larger Stock Exchange Index such as those of Tokyo, London or New York.
  • Estimating collaborative profits under varying partner characteristics and strategies
    Christine Vanovermeire (University of Antwerp)
    Co-authors: Daniel Palhazi Cuervo; Kenneth Sörensen
  • Gain sharing in a collaborative selective vehicle routing problem
    Christof Defryn (University of Antwerp)
    Co-authors: Kenneth Sörensen

Thursday 14:00-15:40 TB-5: Networks
Room Pentagone 0A07 - Chair: B. Fortz

Thursday 16:10-17:25 TC-1: Mixed-integer nonlinear programming
Room Vesale 023 - Chair: Y. Crama

Thursday 16:10-17:25 TC-2: Decision Analysis 1
Room Vesale 020 - Chair: S. Eppe

Thursday 16:10-17:25 TC-3: Routing
Room Vesale 025 - Chair: K. Sörensen

Thursday 16:10-17:25 TC-4: Graphs
Room Pentagone 0A11 - Chair: H. Mélot

Thursday 16:10-17:25 TC-5: Scheduling
Room Pentagone 0A07 - Chair: S. Hanafi

Friday 9:00-10:15 FA-1: Queuing
Room Vesale 023 - Chair: S. Wittevrongel

Friday 9:00-10:15 FA-2: Decision Analysis 2
Room Vesale 020 - Chair: R. Bisdorff

Friday 9:00-10:15 FA-3: COMEX - Optimization 2
Room Vesale 025 - Chair: M. Labbé

Friday 9:00-10:15 FA-4: Production
Room Pentagone 0A11 - Chair: D. Tuyttens

Friday 14:00-15:40 FB-1: Data Analysis 2
Room Vesale 023 - Chair: P. Fortemps

Friday 14:00-15:40 FB-2: Heuristics
Room Vesale 020 - Chair: T. Stützle

Friday 14:00-15:40 FB-3: COMEX - Transportation
Room Vesale 025 - Chair: F. Spieksma

Friday 14:00-15:40 FB-4: Health
Room Pentagone 0A11 - Chair: G. Vanden Berghe

 
 
  SOGESCI/ORBEL - Conference chair: Prof. M. Pirlot - Platform: Prof. M. Schyns