This paper extends the Dornbusch model of overshooting exchange rates to discuss both exchange rate and output effects of capital controls that involve additional costs for international asset transactions. We show that, on the one hand, such capital controls have the merit of reducing the...

This paper uses a structural vector autoregression to examine differences in demand and supply shocks and the response to these shocks between EMU member countries and three other groups of countries. The first group includes non-EMU EU countries, the second group EFTA countries and the third...

This paper extends the Dornbusch model of overshooting exchange rates to discuss both exchange rate and output effects of capital controls that involve additional costs for international asset transactions. We show that, on the one hand, such capital controls have the merit of reducing the...

In this paper, we deal with the problem of sequencing parts and robot moves in a robotic cell where the robot is used to feed machines in the cell. The robotic cell, which produces a set of parts of the same or different types, is a flow-line manufacturing system. Our objective is to maximize...

In this paper, we develop a simple algorithm for obtaining the global solution to a small scale fixed-charge transportation problem (FCTP). The procedure itself is very quick. The proposed method solves FCTP by decomposing the problem into series of smaller sub-problems, which is novel and can...

The goal of this interdisciplinary paper is to show that an existing modeling language, Integration Definition for Function Modeling (IDEF0), is applicable for use in strategy modeling and for automation of strategic plan development and implementation. We will show how utilization of the...

In this paper, we consider a multi-index constrained transportation problem (CTP) of axial constraints with bounds on destination requirements, source availabilities, and multiple types of commodities. The specified problem is converted into a related transportation problem by adding a source, a...

In this paper, we consider a multi-index constrained transportation problem (CTP) of axial constraints with bounds on destination requirements, source availabilities, and multiple types of commodities. The specified problem is converted into a related transportation problem by adding a source, a...

In this paper, we develop a simple algorithm for obtaining the global solution to a small scale fixed-charge transportation problem (FCTP). The procedure itself is very quick. The proposed method solves FCTP by decomposing the problem into series of smaller sub-problems, which is novel and can...

The goal of this interdisciplinary paper is to show that an existing modeling language, Integration Definition for Function Modeling (IDEF0), is applicable for use in strategy modeling and for automation of strategic plan development and implementation. We will show how utilization of the...