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We consider a coordinated location-inventory model where distribution centers (DCs) follow a periodic-review (R,S) inventory policy and system coordination is achieved by choosing review intervals at the DCs from a menu of permissible choices. We introduce two types of coordination: partial...
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A new method for predicting failures of a partially observable system is presented. System deterioration is modeled as a hidden, 3-state continuous time homogeneous Markov process. States 0 and 1, which are not observable, represent good and warning conditions, respectively. Only the failure...
Persistent link: https://www.econbiz.de/10009146050
Multiple attribute pricing problems are highly challenging due to the dynamic and uncertain features in the associated market. In this paper, we address the condominium multiple attribute pricing problem using data envelopment analysis (DEA). In this study, we simultaneously consider stochastic...
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