{"id":"https://openalex.org/W2102777833","doi":"https://doi.org/10.1109/wsc.2002.1166431","title":"Portfolio optimization for capital investment projects","display_name":"Portfolio optimization for capital investment projects","publication_year":2003,"publication_date":"2003-06-26","ids":{"openalex":"https://openalex.org/W2102777833","doi":"https://doi.org/10.1109/wsc.2002.1166431","mag":"2102777833"},"language":"en","primary_location":{"id":"doi:10.1109/wsc.2002.1166431","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc.2002.1166431","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the Winter Simulation Conference","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5112917092","display_name":"J. April","orcid":null},"institutions":[{"id":"https://openalex.org/I4210141121","display_name":"OptTek Systems (United States)","ror":"https://ror.org/03e4w4b74","country_code":"US","type":"company","lineage":["https://openalex.org/I4210141121"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"J. April","raw_affiliation_strings":["OptTek Syst. Inc., Boulder, CO, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"OptTek Syst. Inc., Boulder, CO, USA","institution_ids":["https://openalex.org/I4210141121"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5068174754","display_name":"Fred Glover","orcid":"https://orcid.org/0000-0001-6945-0438"},"institutions":[{"id":"https://openalex.org/I4210141121","display_name":"OptTek Systems (United States)","ror":"https://ror.org/03e4w4b74","country_code":"US","type":"company","lineage":["https://openalex.org/I4210141121"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"F. Glover","raw_affiliation_strings":["OptTek Syst. Inc., Boulder, CO, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"OptTek Syst. Inc., Boulder, CO, USA","institution_ids":["https://openalex.org/I4210141121"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5026770180","display_name":"James P. Kelly","orcid":"https://orcid.org/0000-0002-7354-8590"},"institutions":[{"id":"https://openalex.org/I4210141121","display_name":"OptTek Systems (United States)","ror":"https://ror.org/03e4w4b74","country_code":"US","type":"company","lineage":["https://openalex.org/I4210141121"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"J. Kelly","raw_affiliation_strings":["OptTek Syst. Inc., Boulder, CO, USA"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"OptTek Syst. Inc., Boulder, CO, USA","institution_ids":["https://openalex.org/I4210141121"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":6.1445,"has_fulltext":false,"cited_by_count":16,"citation_normalized_percentile":{"value":0.95779829,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":"2","issue":null,"first_page":"1546","last_page":"1554"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11801","display_name":"Reservoir Engineering and Simulation Methods","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T11801","display_name":"Reservoir Engineering and Simulation Methods","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2212","display_name":"Ocean Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11976","display_name":"Capital Investment and Risk Analysis","score":0.9329000115394592,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11413","display_name":"Risk and Portfolio Optimization","score":0.9074000120162964,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/capital-allocation-line","display_name":"Capital allocation line","score":0.7015365362167358},{"id":"https://openalex.org/keywords/portfolio","display_name":"Portfolio","score":0.5980525016784668},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.5925938487052917},{"id":"https://openalex.org/keywords/portfolio-optimization","display_name":"Portfolio optimization","score":0.5914794206619263},{"id":"https://openalex.org/keywords/linear-programming","display_name":"Linear programming","score":0.5582249164581299},{"id":"https://openalex.org/keywords/capital-investment","display_name":"Capital investment","score":0.5474286079406738},{"id":"https://openalex.org/keywords/modern-portfolio-theory","display_name":"Modern portfolio theory","score":0.5056674480438232},{"id":"https://openalex.org/keywords/project-portfolio-management","display_name":"Project portfolio management","score":0.49560487270355225},{"id":"https://openalex.org/keywords/capital-budgeting","display_name":"Capital budgeting","score":0.48533883690834045},{"id":"https://openalex.org/keywords/investment","display_name":"Investment (military)","score":0.47076085209846497},{"id":"https://openalex.org/keywords/return-on-investment","display_name":"Return on investment","score":0.45583629608154297},{"id":"https://openalex.org/keywords/investment-strategy","display_name":"Investment strategy","score":0.41951116919517517},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.4056055545806885},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.32720333337783813},{"id":"https://openalex.org/keywords/project-management","display_name":"Project management","score":0.211916983127594},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.20654529333114624},{"id":"https://openalex.org/keywords/systems-engineering","display_name":"Systems engineering","score":0.20548811554908752},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.20278680324554443},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.2008005976676941},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.1183968186378479}],"concepts":[{"id":"https://openalex.org/C138142054","wikidata":"https://www.wikidata.org/wiki/Q5035692","display_name":"Capital allocation line","level":3,"score":0.7015365362167358},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.5980525016784668},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.5925938487052917},{"id":"https://openalex.org/C202655437","wikidata":"https://www.wikidata.org/wiki/Q7231728","display_name":"Portfolio optimization","level":3,"score":0.5914794206619263},{"id":"https://openalex.org/C41045048","wikidata":"https://www.wikidata.org/wiki/Q202843","display_name":"Linear programming","level":2,"score":0.5582249164581299},{"id":"https://openalex.org/C2985722716","wikidata":"https://www.wikidata.org/wiki/Q4290","display_name":"Capital investment","level":2,"score":0.5474286079406738},{"id":"https://openalex.org/C9725762","wikidata":"https://www.wikidata.org/wiki/Q1072885","display_name":"Modern portfolio theory","level":3,"score":0.5056674480438232},{"id":"https://openalex.org/C74510933","wikidata":"https://www.wikidata.org/wiki/Q1936145","display_name":"Project portfolio management","level":3,"score":0.49560487270355225},{"id":"https://openalex.org/C57918260","wikidata":"https://www.wikidata.org/wiki/Q1354666","display_name":"Capital budgeting","level":3,"score":0.48533883690834045},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.47076085209846497},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.45583629608154297},{"id":"https://openalex.org/C103144560","wikidata":"https://www.wikidata.org/wiki/Q2670999","display_name":"Investment strategy","level":3,"score":0.41951116919517517},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.4056055545806885},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.32720333337783813},{"id":"https://openalex.org/C15952604","wikidata":"https://www.wikidata.org/wiki/Q179012","display_name":"Project management","level":2,"score":0.211916983127594},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.20654529333114624},{"id":"https://openalex.org/C201995342","wikidata":"https://www.wikidata.org/wiki/Q682496","display_name":"Systems engineering","level":1,"score":0.20548811554908752},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.20278680324554443},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.2008005976676941},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.1183968186378479},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.0},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C21425071","wikidata":"https://www.wikidata.org/wiki/Q7249389","display_name":"Project appraisal","level":2,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/wsc.2002.1166431","is_oa":false,"landing_page_url":"https://doi.org/10.1109/wsc.2002.1166431","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the Winter Simulation Conference","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.41999998688697815,"display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":15,"referenced_works":["https://openalex.org/W179940750","https://openalex.org/W1968275355","https://openalex.org/W1973471744","https://openalex.org/W2042243997","https://openalex.org/W2069785335","https://openalex.org/W2083132395","https://openalex.org/W2153446897","https://openalex.org/W2170702935","https://openalex.org/W2339500526","https://openalex.org/W4212899374","https://openalex.org/W4242178374","https://openalex.org/W4250756251","https://openalex.org/W6607297876","https://openalex.org/W6682763932","https://openalex.org/W6807091881"],"related_works":["https://openalex.org/W2482608795","https://openalex.org/W1974815045","https://openalex.org/W575988719","https://openalex.org/W2070446437","https://openalex.org/W4230710322","https://openalex.org/W2949138333","https://openalex.org/W572710838","https://openalex.org/W2358093750","https://openalex.org/W2103113759","https://openalex.org/W1028691542"],"abstract_inverted_index":{"The":[0,18],"new":[1,77],"portfolio":[2,108],"optimization":[3,71],"engine,":[4],"OptFolio/spl":[5],"trade/,":[6],"Simultaneously":[7],"addresses":[8],"financial":[9,32],"return":[10],"goals,":[11,33],"catastrophic":[12],"loss":[13],"avoidance,":[14],"and":[15,43,65,72,75,112,115,119],"performance":[16,109],"probability.":[17],"innovations":[19],"embedded":[20],"in":[21,110,116,123],"OptFolio":[22,59,100],"enable":[23],"users":[24],"to":[25,56,94,105],"confidently":[26],"design":[27],"effective":[28],"plans":[29],"for":[30,121],"achieving":[31],"employing":[34],"accurate":[35],"analysis":[36,42,51],"based":[37,47,80],"on":[38,48,81],"real":[39],"data.":[40],"Traditional":[41],"prediction":[44],"methods":[45],"are":[46],"mean":[49],"variance":[50],"-":[52],"an":[53],"approach":[54],"known":[55],"be":[57],"faulty.":[58],"takes":[60],"a":[61,76,85,90],"much":[62],"more":[63],"sophisticated":[64],"strategic":[66],"direction.":[67],"State-of-the-art":[68],"technology":[69],"integrates":[70],"simulation":[73],"techniques":[74],"surface":[78],"methodology":[79],"linear":[82],"programming":[83],"into":[84],"global":[86],"system":[87],"that":[88],"guides":[89],"series":[91],"of":[92],"evaluations":[93],"reveal":[95],"truly":[96],"optimal":[97],"investment":[98],"scenarios.":[99],"is":[101],"currently":[102],"being":[103],"used":[104],"optimize":[106],"project":[107],"oil":[111],"gas":[113],"applications":[114],"capital":[117],"allocation":[118],"budgeting":[120],"investments":[122],"technology.":[124]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}