The "Capacitated lot sizing problem with setup carry-over" is based ort the well known "Capacitated lot sizing problem" and incorporates the possibility of preserving a setup-state from a period to the following. Sox and Gao [2] decompose their formulation of the first one (GCLP1) by Lagrangian...

This paper proves that the limiting hedging error, considered as a function of ST, exhibits a removable discontinuity at the exercise price.

The increasing spread of global value chains (GVCs) worldwide has been one of the most prominent features of the global economy for the last three decades. Production of goods and services is sliced into stages so that intermediate inputs are sourced from most efficient producers often located...

Global value chains which have spread across the world economy require a strong global institutional framework to address new challenges and further trade liberalisation going far beyond tariff reduction with services, investment and regulatory issues gaining on importance. The revealed greater...

Purpose: To reduce products' environmental impact over their entire life cycle, adequate reuse and recycling of products and their components are indispensable. In this context, it is important to establish efficient closed-loop manufacturing systems (CMS), where products are made from post-use...

Purpose: The question of resource scarcity and emerging pressure of environmental legislations has brought a new challenge for the manufacturing industry. On the one hand, there is a huge population that demands a large quantity of commodities; on the other hand, these demands have to be met by...