In a global economy with intense competition, companies face tremendous pressure to become more innovation-driven. With the development of information technologies, many companies are seeking to incorporate novel IT-based approaches in their business practices, such as evaluating emerging...

Does the payment scheme have an effect on inventory decisions in the newsvendor problem? Keeping the net profit structure constant, we examine three payment schemes that can be interpreted as the newsvendor's order being financed by the newsvendor herself (scheme O), by the supplier through...

Breaking tests on homogeneous earth-rock-fill dams destroyed by overtopping flow are presented. Two types of shear erosion are found: wetting shear erosion and quick shear erosion; the water level-discharge process is divided into “sharp rise and drop of flow” and “slow change of flow”...

Real estate investment and construction projects have the characteristics of large-scale, long life cycle, technical complexity, multi-units involvement, difficult to organize and implement, and the projects are usually located in wide range. Therefore, it¡¯s necessary to construct the...

The properties of the cotton fabric with water-repellence finishing by sol method with the hexadecyltrimethoxysilane as additive were observed. The cotton fabrics were immersed in the prepared sols with double dip and double nip dried at 90°C, annealed at 160°C for 3 min. The water repellence...

As is our tradition at the journal, we are pleased to publish the extended abstracts from the winners of the 2003 MSOM Society Student Paper Competition. We do this to celebrate the achievements of these young scholars and provide you with the opportunity to learn about their work in more...

Awell-known result in the Bayesian inventory management literature is: If lost sales are not observed, the Bayesian optimal inventory level is larger than the myopic inventory level (one should "stock more" to learn about the demand distribution). This result has been proven in other studies...

In this paper consistency problems for multi-factor jump-diffusion models, where the jump parts follow multivariate point processes are examined. First the gap between jump-diffusion models and generalized Heath-Jarrow-Morton (HJM) models is bridged. By applying the drift condition for a...