Purpose: Manufacturing systems include a complicated combination of resources, such as materials, labors, and machines. Hence, when the manufacturing systems are faced with a problem related to the availability of resources it is difficult to identify the root of the problem accurately and...

This article discusses the environmental effects of transport, with a particular focus on the natural environment. The authors present methods used for assessing the influence of investments in transport infrastructure on the environment, as well as the concept of a simulation model, which...

Risk accompanies every economic decision. Investment decisions are burdened with particularly great risk. Quantification of risk belongs to most heaviest tasks in risk management of the investment project. Traditionally, probability distribution was being utilized for the description of the...

This article discusses the environmental effects of transport, with a particular focus on the natural environment. The authors present methods used for assessing the influence of investments in transport infrastructure on the environment, as well as the concept of a simulation model, which...