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capacity and route length restrictions. The algorithm considers a sequence of adjacent solutions obtained by repeatedly … insertion procedure previously developed by the authors. During the course of the algorithm, infeasible solutions are allowed …
Persistent link: https://www.econbiz.de/10009197767
We discuss in this paper some inventory-production models which can be formulated as nonlinear parametric network flow problems with one additional linear constraint. Several sensitivity analysis questions are addressed. The qualitative sensitivity results obtained provide the manager with...
Persistent link: https://www.econbiz.de/10009204287
This paper studies a problem of determining the level of certain decisions, taken prior to certain events taking place, and the subsequent additional resource procurement decisions needed to implement the initial program once these events have materialised. The problem is formulated first of all...
Persistent link: https://www.econbiz.de/10009204569
Stochastic Dominance (SD) rules are playing an increasingly prominent role in the theory of choice under uncertainty …. Its application areas include stock selection, capital budgeting, etc. The theory is important because it generates … develop an algorithm that should remedy this situation. It exploits recent theoretical results from the Stochastic Dominance …
Persistent link: https://www.econbiz.de/10009209272
nonconvex programs of fractional type. In this paper, an algorithm for the numerical solution of these problems is introduced …
Persistent link: https://www.econbiz.de/10009214573
-trading algorithm in a finite number of trades. The final market-clearing prices are discovered by this market trading and an efficient …
Persistent link: https://www.econbiz.de/10009218240
In this paper, we study a regretful seller’s problem of selling a fixed number of goods over a finite and known time horizon. The seller engages in counterfactual thinking to compare her selected price with other forgone alternatives. If a forgone alternative (ex post) generates a better...
Persistent link: https://www.econbiz.de/10013235251
profi ts than selling. We extend the theory by covering goods with any production cost, in duopolistic competition. We show …
Persistent link: https://www.econbiz.de/10013243264
patterns of learned optimal policy. Our findings provide important managerial-relevant and theory-consistent insights. For …
Persistent link: https://www.econbiz.de/10013232654
Prior literature has shown that, for a symmetric information setting, supplier encroachment into a reseller's market can mitigate double marginalization and benefit both the supplier and the reseller. This paper extends the investigation of supplier encroachment to the environment where the...
Persistent link: https://www.econbiz.de/10013066475