Slack Resource Deployment in Exploration and Exploitation: How Much Do CEOs Matter?

2016 ◽  
Vol 2016 (1) ◽  
pp. 12291
Author(s):  
Pooya Tabesh ◽  
Dusya M. Vera ◽  
Robert T Keller ◽  
Steve Werner
2020 ◽  
Vol 10 (1) ◽  
pp. 194-219 ◽  
Author(s):  
Sanjoy Debnath ◽  
Wasim Arif ◽  
Srimanta Baishya

AbstractNature inspired swarm based meta-heuristic optimization technique is getting considerable attention and established to be very competitive with evolution based and physical based algorithms. This paper proposes a novel Buyer Inspired Meta-heuristic optimization Algorithm (BIMA) inspired form the social behaviour of human being in searching and bargaining for products. In BIMA, exploration and exploitation are achieved through shop to shop hoping and bargaining for products to be purchased based on cost, quality of the product, choice and distance to the shop. Comprehensive simulations are performed on 23 standard mathematical and CEC2017 benchmark functions and 3 engineering problems. An exhaustive comparative analysis with other algorithms is done by performing 30 independent runs and comparing the mean, standard deviation as well as by performing statistical test. The results showed significant improvement in terms of optimum value, convergence speed, and is also statistically more significant in comparison to most of the reported popular algorithms.


2017 ◽  
Vol 31 (7/8) ◽  
pp. 730-745 ◽  
Author(s):  
Jorge Cegarra-Sanchez ◽  
Juan-Gabriel Cegarra-Navarro ◽  
Anthony Wensley ◽  
Jose Diaz Manzano

Purpose Knowledge acquired from sources of unverified information such as gossip, partial truths or lies, in this paper it is termed as “counter-knowledge.” The purpose of this paper is to explore this topic through an exploration of the links between a Hospital-in-the-Home Units (HHUs) learning process (LP), counter-knowledge, and the utilization of communication technologies. The following two questions are addressed: Does the reduction of counter-knowledge result in the utilization of communication technologies? Does the development of counter-knowledge hinder the LP? Design/methodology/approach This paper examines the relevance of communication technologies to the exploration and exploitation of knowledge for 252 patients of a (HHU) within a Spanish regional hospital. The data collected was analyzed using the PLS-Graph. Findings To HHU managers, this study offers a set of guidelines to assist in their gaining an understanding of the role of counter-knowledge in organizational LPs and the potential contribution of communication technologies. Our findings support the proposition that the negative effects of counter-knowledge can be mitigated by using communication technologies. Originality/value It is argued in this paper that counter-knowledge may play a variety of different roles in the implementation of LPs. Specifically, the assignment of communication technologies to homecare units has given them the means to filter counter-knowledge and prevent users from any possible problems caused by such counter-knowledge.


2020 ◽  
Vol 56 (2) ◽  
pp. 143-165 ◽  
Author(s):  
Angeliki Papachroni ◽  
Loizos Heracleous

Following the turn to practice in organization theory and the emerging interest in the microfoundations of ambidexterity, understanding the role of individuals in realizing ambidexterity approaches becomes crucial. Drawing insights from Greek philosophy on paradoxes, and practice theory on paradoxes and ambidexterity, we propose a view of individual ambidexterity grounded in paradoxical practices. Existing conceptualizations of ambidexterity are largely based on separation strategies. Contrary to this perspective, we argue that individual ambidexterity can be accomplished via paradoxical practices that renegotiate or transcend boundaries of exploration and exploitation. We identify three such paradoxical practices at the individual level that can advance understanding of ambidexterity: engaging in “hybrid tasks,” capitalizing cumulatively on previous learning, and adopting a mindset of seeking synergies between the competing demands of exploration and exploitation.


2021 ◽  
Vol 11 (15) ◽  
pp. 6922
Author(s):  
Jeongmin Kim ◽  
Ellen J. Hong ◽  
Youngjee Yang ◽  
Kwang Ryel Ryu

In this paper, we claim that the operation schedule of automated stacking cranes (ASC) in the storage yard of automated container terminals can be built effectively and efficiently by using a crane dispatching policy, and propose a noisy optimization algorithm named N-RTS that can derive such a policy efficiently. To select a job for an ASC, our dispatching policy uses a multi-criteria scoring function to calculate the score of each candidate job using a weighted summation of the evaluations in those criteria. As the calculated score depends on the respective weights of these criteria, and thus a different weight vector gives rise to a different best candidate, a weight vector can be deemed as a policy. A good weight vector, or policy, can be found by a simulation-based search where a candidate policy is evaluated through a computationally expensive simulation of applying the policy to some operation scenarios. We may simplify the simulation to save time but at the cost of sacrificing the evaluation accuracy. N-RTS copes with this dilemma by maintaining a good balance between exploration and exploitation. Experimental results show that the policy derived by N-RTS outperforms other ASC scheduling methods. We also conducted additional experiments using some benchmark functions to validate the performance of N-RTS.


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