Optimizing investment fund allocation using vehicle routing problem framework

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Citations (Scopus)

Abstract

The objective of investment is to maximize total returns or minimize total risks. To determine the optimum order of investment, vehicle routing problem method is used. The method which is widely used in the field of resource distribution shares almost similar characteristics with the problem of investment fund allocation. In this paper we describe and elucidate the concept of using vehicle routing problem framework in optimizing the allocation of investment fund. To better illustrate these similarities, sectorial data from FTSE Bursa Malaysia is used. Results show that different values of utility for risk-averse investors generate the same investment routes.

Original languageEnglish
Title of host publicationAIP Conference Proceedings
PublisherAmerican Institute of Physics Inc.
Pages1166-1171
Number of pages6
Volume1605
ISBN (Print)9780735412415
DOIs
Publication statusPublished - 2014
Event21st National Symposium on Mathematical Sciences: Germination of Mathematical Sciences Education and Research Towards Global Sustainability, SKSM 21 - Penang
Duration: 6 Nov 20138 Nov 2013

Other

Other21st National Symposium on Mathematical Sciences: Germination of Mathematical Sciences Education and Research Towards Global Sustainability, SKSM 21
CityPenang
Period6/11/138/11/13

Fingerprint

vehicles
Malaysia
resources
routes

Keywords

  • Fund allocation
  • Optimization
  • Route
  • Vehicle routing problem

ASJC Scopus subject areas

  • Physics and Astronomy(all)

Cite this

Mamat, N. J. Z., Jaaman @ Sharman, S. H., & Ahmad, R. . R. (2014). Optimizing investment fund allocation using vehicle routing problem framework. In AIP Conference Proceedings (Vol. 1605, pp. 1166-1171). American Institute of Physics Inc.. https://doi.org/10.1063/1.4887755

Optimizing investment fund allocation using vehicle routing problem framework. / Mamat, Nur Jumaadzan Zaleha; Jaaman @ Sharman, Saiful Hafizah; Ahmad, Rokiah @ Rozita.

AIP Conference Proceedings. Vol. 1605 American Institute of Physics Inc., 2014. p. 1166-1171.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Mamat, NJZ, Jaaman @ Sharman, SH & Ahmad, RR 2014, Optimizing investment fund allocation using vehicle routing problem framework. in AIP Conference Proceedings. vol. 1605, American Institute of Physics Inc., pp. 1166-1171, 21st National Symposium on Mathematical Sciences: Germination of Mathematical Sciences Education and Research Towards Global Sustainability, SKSM 21, Penang, 6/11/13. https://doi.org/10.1063/1.4887755
Mamat NJZ, Jaaman @ Sharman SH, Ahmad RR. Optimizing investment fund allocation using vehicle routing problem framework. In AIP Conference Proceedings. Vol. 1605. American Institute of Physics Inc. 2014. p. 1166-1171 https://doi.org/10.1063/1.4887755
Mamat, Nur Jumaadzan Zaleha ; Jaaman @ Sharman, Saiful Hafizah ; Ahmad, Rokiah @ Rozita. / Optimizing investment fund allocation using vehicle routing problem framework. AIP Conference Proceedings. Vol. 1605 American Institute of Physics Inc., 2014. pp. 1166-1171
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