In this paper, we deal with the sequencing and routing problem of order pickers in conventional multi …. Computational tests comparing the Lin-Kernighan TSP heuristic to traditional construction heuristics for routing order pickers …

/Euro interbank market. In contrast to previous results we cover a minor market over a long time span. We find a significant inventory … caused by rising inventory holding and adverse selection costs. Overall this work confirms the predictions from various …

order processing costs account for 47.09% of the spread and that, the combined inventory holding and adverse selection risk … spreads between peak-times and non-peak times. We find that the combined compensation for inventory holding and adverse … inventory overnight rises. Furthermore, we apply the model to the interesting spread pattern around a speculative attack. Here …