This paper presents a new approach to study the optimal rotation policy with amenity valuation under uncertainty. We first postulate the stochastic forest value and assume plausibly that monetary value of amenities is a continuous and non-negative function of forest value thus presenting the...

Planungsansätze an einem Beispiel illustriert und bewertet. Das taktische Supply Chain Planning bestimmt auf Basis einer prognostizierten Nachfrage die jeweiligen Produktmengen übergreifend von den Lieferanten über die Produktionsstandorte und Distributionslager bis hin zu den Kunden mit...

This paper presents a new approach to study the optimal rotation policy with amenity valuation under uncertainty. We first postulate the stochastic forest value and assume plausibly that monetary value of amenities is a continuous and non-negative function of forest value thus presenting the...

This paper presents ration-by-distance (RBD), a new allocation method to be used in planning ground delay programs (GDPs) for Traffic Flow Management. It is shown that RBD minimizes total expected delay, under certain assumptions related to the manner in which GDP's are dynamically controlled....

Knappe Ressourcen bei Marketing Instrumenten wie Verkaufszeit, Werbebudget oder Regalplatz werden durch die Regel Elastizität × Deckungsbeitrag optimal aufgeteilt. Häufig empfehlen die Autoren, entsprechende Parameter aufgrund teurer Erhebungsmethoden oder zu kurzer Erhebungszeiträume...

-hub center problem is an extension of the deterministicversion which aims to minimize the longest origin-destination path in a hub and spokenetwork. Considering the stochastic nature of travel times on links is important when designing anetwork to guarantee the quality of service measured by a...

The objective of this paper is to study the effect of importance sampling (IS) techniques on stochastic credit portfolio optimization methods. I introduce a framework that leads to a reduction of volatility of resulting optimal portfolio asset weights. Performance of the method is documented in...