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Hyper-heuristics comprise a set of approaches that are motivated (at least in part) by the goal of automating the design of heuristic methods to solve hard computational search problems. An underlying strategic research challenge is to develop more generally applicable search methodologies. The term hyper-heuristic is relatively new; it was first used in 2000 to describe heuristics to choose heuristics in the context of combinatorial optimisation. However, the idea of automating the design of heuristics is not new; it can be traced back to the 1960s. The definition of hyper-heuristics has been recently extended to refer to a search method or learning mechanism for selecting or generating heuristics to solve computational search problems. Two main hyper-heuristic categories can be considered: heuristic selection and heuristic generation. The distinguishing feature of hyper-heuristics is that they operate on a search space of heuristics (or heuristic components) rather than directly on the search space of solutions to the underlying problem that is being addressed. This paper presents a critical discussion of the scientific literature on hyper-heuristics including their origin and intellectual roots, a detailed account of the main types of approaches, and an overview of some related areas. Current research trends and directions for future research are also discussed.

During the COVID-19 pandemic, comprehensive, accurate, and timely digital contact tracing serves as a decisive measure in curbing viral transmission. Such a strategy integrates corporate innovation, government decision-making, citizen participation, and community coordination with big data analytics. This article explores how key stakeholders in an open innovation ecosystem interact within the digital context to overcome challenges to public health and socio-economic welfare imposed by the pandemic. To enhance the digital contact tracing effectiveness, communities are deployed to moderate the interactions between government, enterprises and citizens. As an example, we study the community-based digital contact tracing in Wuhan, a representative case of China's 'virus exceptionalism' in COVID-19 mitigation. We discuss the effectiveness of this strategy and raise critical ethical concerns regarding decision-making in R&D management. (This abstract was borrowed from another version of this item.)

Optimizing construction project scheduling has received a considerable amount of attention over the past 20 years. As a result, a plethora of methods and algorithms have been developed to address specific scenarios or problems. A review of the methods and algorithms that have been developed to examine the area of construction schedule optimization (CSO) is undertaken. The developed algorithms for solving the CSO problem can be classified into three methods: mathematical, heuristic and metaheuristic. The application of these methods to various scheduling problems is discussed and implications for future research are identified.

Sustainable operations management (SOM) can be defined as the operations strategies, tactics and techniques, and operational policies to support both economic and environmental objectives and goals. The subject of sustainability has gained much attention from both researchers and practitioners in the past 6–8 years. Most of the articles deal with sustainability from environmental perspectives, but a limited number of them integrate both economic and environmental implications or focus on trading-off between profitability, competitiveness and environmental dimensions. Moreover, there is a limited focus on modelling and analysis (MA) of SOM integrating and balancing the interests of both economic and environmental interests. Therefore, an attempt has been made in this paper to review the extant literature on SOM. The objective is to understand the definition of SOM and present the current status of research in MA, as well as future research directions in the field. Considering the recent focus of the subject, we review the literature on MA of SOM beginning in 2000 in order to make our study current and more relevant for both researchers and practitioners. Finally, a summary of findings and conclusions is reported.

Emergency medical service (EMS) systems provide urgent medical care and transport. In this study we implement dispatching policies for EMS systems that incorporate the severity of the call in order to increase the survival probability of patients. A simulation model is developed to evaluate the performance of EMS systems. Performance is measured in terms of patients' survival probability, since survival probability more directly mirrors patient outcomes. Different response strategies are evaluated utilizing several examples to study the nature of the optimal dispatching policy. The results show that dispatching the closest vehicle is not always optimal and dispatching vehicles considering priority of the call leads to an increase in the average survival probability of patients. A heuristic algorithm, that is easy to implement, is developed to dispatch ambulances for large-scale EMS systems. Computational examples show that the dispatching algorithm is valuable in increasing the patients' survival probability.

This paper introduces an integer programming model for planning primary care facility networks, which accounts for the interests of different stakeholders while maximizing access to health care. Physician allocation to health-care facilities is explicitly modelled, which allows consideration of physician incentives in the planning phase. An illustrative case study in the Turkish primary care system is presented to show the implications of focusing on patient or physician preferences in the planning phase. A discussion of trade-offs between the different stakeholder preferences and some recommendations for modelling choices to match these preferences are provided. In the context of this case, we found that using an access measure that decays with distance, and incorporating nearest allocation constraints improves performance for all stakeholders. We also show that increasing the number of physicians may have adverse affects on access measures when physician preferences are addressed.

This study investigates appointment systems (AS), as combinations of access rules and appointment-scheduling rules, explicitly designed for dealing with walk-in seasonality. In terms of 'access rules', strategies are tested for adjusting capacity through intra-week, or monthly seasonality of walk-ins, or their combined effects. In terms of 'appointment rules', strategies are tested to determine which particular slots to double-book or leave open in cases where seasonal walk-in rates exceed or fall short of the overall yearly rate. In that regard, this study integrates capacity and appointment decisions, which are usually addressed in an isolated manner in previous studies. Simulation optimization is used to derive heuristic solutions to the appointment-scheduling problem, and the findings are compared in terms of in-clinic measures of patient wait time, physician idle time and overtime. The goal is to provide practical guidelines for healthcare practitioners on how to best design their AS when seasonal walk-ins exist.

The optimization of supply chain structures considering both economic and environmental performances is nowadays an important research topic. However, enterprises are commonly faced with the competing issues of reduced cost, improved customer service and increased environmental factors as a multi-faceted trade-off problem when designing supply chains. Hence, this paper proposes an environmentally conscious optimization model of a supply chain network with a broader and more comprehensive objective function that considers not just the transportation costs, but also the costs for the amount of greenhouse gas emissions, fuel consumption, transportation times, noise and road roughness. The paper sheds light on the trade-offs between various parameters such as vehicle speed, fuel, time, emissions, noise and their total cost, and offers managerial insights on economies of environmentally conscious supply chain optimization. An integer non-linear programming model is developed to help decision makers find the optimal solution under mentioned considerations. The proposed model is validated through the solution of an example, where its applicability to supply chain problems is demonstrated for managerial insights.

On the basis of two data sets containing Loss Given Default (LGD) observations of home equity and corporate loans, we consider non-linear and non-parametric techniques to model and forecast LGD. These techniques include non-linear Support Vector Regression (SVR), a regression tree, a transformed linear model and a two-stage model combining a linear regression with SVR. We compare these models with an ordinary least squares linear regression. In addition, we incorporate several variants of 11 macroeconomic indicators to estimate the influence of the economic state on loan losses. The out-of-time set-up is complemented with an out-of-sample set-up to mitigate the limited number of credit crisis observations available in credit risk data sets. The two-stage/transformed model outperforms the other techniques when forecasting out-of-time for the home equity/corporate data set, while the non-parametric regression tree is the best performer when forecasting out-of-sample. The incorporation of macroeconomic variables significantly improves the prediction performance. The downturn impact ranges up to 5% depending on the data set and the macroeconomic conditions defining the downturn. These conclusions can help financial institutions when estimating LGD under the internal ratings-based approach of the Basel Accords in order to estimate the downturn LGD needed to calculate the capital requirements. Banks are also required as part of stress test exercises to assess the impact of stressed macroeconomic scenarios on their Profit and Loss (P&L) and banking book, which favours the accurate identification of relevant macroeconomic variables driving LGD evolutions.

Bankruptcy prediction is a key part in corporate credit risk management. Traditional bankruptcy prediction models employ financial ratios or market prices to predict bankruptcy or financial distress prior to its occurrence. We investigate the predictive accuracy of corporate efficiency measures along with standard financial ratios in predicting corporate distress in Chinese companies. Data Envelopment Analysis (DEA) is used to measure corporate efficiency. In contrast to previous applications of DEA in credit risk modelling where it was used to generate a single efficiency—Technical Efficiency (TE), we assume Variable Returns to Scale, and decompose TE into Pure Technical Efficiency and Scale Efficiency. These measures are introduced into Logistic Regression to predict the probability of distress, along with the level of Returns to Scale. Effects of efficiency variables are allowed to vary across industries through the use of interaction terms, while the financial ratios are assumed to have the same effects across all sectors. The results show that the predictive power of the model is improved by this corporate efficiency information.