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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
When considering fairness one must ask two fundamental questions. Firstly, what does it mean to be fair? And secondly, how does one measure that fairness? Different authors have offered different notions and metrics to address these questions. We provide arguments identifying where past metrics...
Persistent link: https://www.econbiz.de/10012662736
Facing harsh competition in global marketplaces, management must construct the best possible supply chains to meet client requirements of quality, timely, and diverse products. To accelerate the fabrication rate can help shorten the length of the refilling cycle, and the reworking of repairable...
Persistent link: https://www.econbiz.de/10012662759
Traditionally, mathematical optimization methods have been applied in manufacturing industries where production scheduling is one of the most important problems and is being actively researched. Extant studies assume that processing times are known or follow a simple distribution. However, the...
Persistent link: https://www.econbiz.de/10012662841