Showing 1 - 10 of 29
Analysis of covariance techniques have been developed primarily for normally distributed errors. We give solutions when the errors have non-normal distributions. We show that our solutions are efficient and robust. We provide a real-life example. Copyright (c) 2009 The Authors. Journal...
Persistent link: https://www.econbiz.de/10008577199
The time/cost trade-off models in project management aim to reduce the project completion time by putting extra resources on activity durations. The budget problem in discrete time/cost trade-off scheduling selects a time/cost mode for each activity so as to minimize the project completion time...
Persistent link: https://www.econbiz.de/10010693261
This paper derives a necessary and sufficient condition under which increased health care productivity must lead to decreased (increased) demand for health care as long as the demand for health care is inelastic (elastic). It is shown that this condition identifies a class of health production...
Persistent link: https://www.econbiz.de/10005440614
In this article, spillover effects of foreign direct investments on Turkish manufacturing industry have been examined by five single equation econometric models. All models are constructed in line with the recent spillover models both for developed and developing economies. The first two models...
Persistent link: https://www.econbiz.de/10005442868
This paper studies a real-life multi-attribute profit collecting vehicle routing problem, arising in the collection operations of a charity organisation in the United Kingdom. The problem involves a heterogeneous fleet of vehicles of different capacities, mandatory visits to a subset of...
Persistent link: https://www.econbiz.de/10011106619
We propose a stochastic model and provide an easy-to-implement optimization tool for admission decisions to specialized training programmes designed for service industries. The model can be applied for staffing of trainees in medical residency programmes, vocational schools, management trainee...
Persistent link: https://www.econbiz.de/10011095397
In this study, a model representing military requirements as scenarios and capabilities is offered. Pair-wise comparisons of scenarios are made according to occurrence probabilities by using the Analytical Hierarchy Process (AHP). The weights calculated from AHP are used as the starting weights...
Persistent link: https://www.econbiz.de/10010780693
We consider a single-period manufacturing problem involving uncertainty in the availability of a production resource. The resource is stochastically available at the regular cost, but by paying a premium it is possible to reserve and hence guarantee any desired level of the resource in advance....
Persistent link: https://www.econbiz.de/10010986957
We consider a problem faced by a procurement manager who needs to purchase a large volume of multiple items over multiple periods from multiple suppliers that provide base prices and discounts. Discounts are contingent on meeting various conditions on total volume or spend, and some are tied to...
Persistent link: https://www.econbiz.de/10010986966
The article investigates the sources of macroeconomic fluctuations in Saudi Arabia using structural vector autoregression methods and pays particular attention to oil prices and changes in terms of trade. Using a macroeconomic model tailored to the Saudi Arabian economy, the authors identify...
Persistent link: https://www.econbiz.de/10004981300