Some insurance firms challenged with a portfolio of high-variance risks face the classic trade-off between risk spreading and risk retaining. Using crop insurance as an example, a new solution to this ...

We describe a genetic algorithm (GA) for designing efficient search paths, against a moving target, in complicated environments. The immediate application is acoustic search for submarines, but the ...

Quantum computers of the future hold promise for solving complex problems more quickly than ordinary computers. For example, they can factor large numbers exponentially faster than classical computers ...

Conventional quantum algorithms are not feasible for solving combinatorial optimization problems (COPs) with constraints in the operation time of quantum computers. To address this issue, researchers ...