Learn how the burning-cost ratio calculates excess losses over total premiums to set reinsurance rates. Discover its impact ...

Abstract: In this paper, we develop an online optimization algorithm with integral action for solving online optimization problems characterized by quadratic cost functions with a linearly varying ...

Kratos Defense & Security Solutions has unveiled the Ragnarök Low-Cost Cruise Missile (LCCM), a new system the company says could redefine affordability and scalability in precision strike ...

Abstract: This brief studies the optimal topology switching problem of multi-agent systems (MASs), analyzing the optimization of the quadratic cost function through the active switching mechanism of ...

Renault’s initiative aims to reduce the workforce in non-production areas such as finance, marketing, and human resources by 15%. Credit: sylv1rob1/Shutterstock.com. Renault is set to propose ...

French automaker Renault intends to shed approximately 3,000 jobs, about 15% of its headquarters staff, via a voluntary redundancy scheme for support functions. This "Arrow" cost-cutting drive follows ...