Showing 1 - 10 of 225
Hedonic pricing with quasilinear preferences is shown to be equivalent to stable matching with transferable utilities and a participation constraint, and to an optimal transportation (Monge-Kantorovich) linear programming problem. Optimal assignments in the latter correspond to stable matchings,...
Persistent link: https://www.econbiz.de/10010318563
While revenue management (RM) is traditionally considered a tool of service operations, RM shows considerable potential for application in manufacturing operations. The typical challenges in make-to-order manufacturing are fixed manufacturing capacities and a great variety in offered products,...
Persistent link: https://www.econbiz.de/10010421352
Today competitive environment has enforced practitioners and researchers to pay great attention to issues enhancing both production and marketing competitiveness. To do so, it has been obligatory for the firms to consider production side activities while customer requirements are on the other...
Persistent link: https://www.econbiz.de/10011640813
The main aim of the paper is to highlight the relation between flexibility and vertical integration. To this purpose, we go through the selection of the optimal degree of vertical disintegration of a flexible firm which operates in a dynamic uncertain environment. The enterprise we model enjoys...
Persistent link: https://www.econbiz.de/10010331069
It is a well-known fact that there exists an ever increasing number of problems for which, despite the efforts of many inventive and persistent researchers, it seems virtually impossible to find efficient algorithms. In this Situation, the theory of computational complexity may provide helpful...
Persistent link: https://www.econbiz.de/10011594617
This article presents a mathematical model for barge transport planning on the river Rhine, which is part of a decision support system (DSS) recently taken into use by the Swiss company Omya. The system is operated by Omya's regional office in Cologne, Germany, responsible for distribution...
Persistent link: https://www.econbiz.de/10011825921
Persistent link: https://www.econbiz.de/10011885356
The International Council for the Exploration of the Sea (ICES) is the central scientific network within the massive set of bureaucracies that is responsible for Europe's Common Fisheries Policy (CFP). While spending the past 25 years failing to sustain Europe's fish stocks, this management...
Persistent link: https://www.econbiz.de/10011888540
Decisions under risk are often multidimensional, where the preferences of the decision maker depend on several attributes. For example, an individual might be concerned about both her level of wealth and the condition of her health. Many times the signs of successive cross derivatives of a...
Persistent link: https://www.econbiz.de/10010263976
In railway transportation, each train needs to have a timetable that specifies which track at which time will be occupied by it. This task can be addressed by automatization techniques both in generating a timetable and in optimizing an existing one. In this paper, we give an overview on the...
Persistent link: https://www.econbiz.de/10012319103