Operational Research in Business and Economics 4th International Sym

This book gathers a selection of refereed papers presented at the 4th International Symposium and 26th National Conference of the Hellenic Operational Research Society. It highlights recent scientific advances in operational research and management scienc

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Evangelos Grigoroudis Michael Doumpos Editors

Operational Research in Business and Economics 4th International Symposium and 26th National Conference on Operational Research, Chania, Greece, June 2015

Springer Proceedings in Business and Economics

More information about this series at http://www.springer.com/series/11960

Evangelos Grigoroudis • Michael Doumpos Editors

Operational Research in Business and Economics 4th International Symposium and 26th National Conference on Operational Research, Chania, Greece, June 2015

Editors Evangelos Grigoroudis Decision Support Systems Laboratory Technical University of Crete Chania, Greece

Michael Doumpos Financial Engineering Laboratory Technical University of Crete Chania, Greece

ISSN 2198-7246 ISSN 2198-7254 (electronic) Springer Proceedings in Business and Economics ISBN 978-3-319-33001-3 ISBN 978-3-319-33003-7 (eBook) DOI 10.1007/978-3-319-33003-7 Library of Congress Control Number: 2016946077 © Springer International Publishing Switzerland 2017 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland

Preface

The Hellenic Operational Research Society (HELORS) was founded in 1963, with the aim to promote operational research (OR) in Greece and to provide a forum seeking to support the use of analytical methodologies in the Greek public and private sector. One of the main activities of HELORS is the organization of its annual conference. Since the first national conference in 1977, HELORS has organized 26 National Conferences. Starting from 2012, the annual conference of HELORS is organized together with an international symposium, which provides a forum for exchanging ideas about the theory and practice of modern OR, not only among Greek researchers but also a broader international audience. The 2015 event (4th International Symposium and 26th National Conference on Operationa