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The Risk Management of Minimum Return Guarantees
Mahayni, Antje; Schlögl, Erik - 2003
We analyse contracts which pay out a guaranteed minimum rate of return and a fraction of a positive excess rate, which is specified on the basis of a benchmark portfolio. These contracts are closely related to unit--linked life--insurance/savings plan products and can be considered as...
Persistent link: https://www.econbiz.de/10010263089
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Opportunistic Termination
Stremitzer, Alexander - 2007
If a seller delivers a good non-conforming to the contract, Article 2 of the UCC as well as European warranty law …
Persistent link: https://www.econbiz.de/10010263188
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Optimizing the warranty period by cuckoo meta-heuristic algorithm in heterogeneous customers' population
Roozitalab, Ali; Asgharizadeh, Ezzatollah - In: Journal of Industrial Engineering International 9 (2013), pp. 1-6
when the optimization approach was applied; it provides a longer warranty through increased revenue from selling, not only …Warranty is now an integral part of each product. Since its length is directly related to the cost of production, it … behavior of customers, it is assumed that increasing the warranty period to earn the trust of more customers leads to more …
Persistent link: https://www.econbiz.de/10011551819
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Evaluation of a New Maintenance Concept for the Preservation of Highways
Dekker, Rommert; Plasmeijer, Raymond Ph.; Swart, Jan H. - 1997
Asphalt roads are gradually deteriorating over time and need road mending to remain in a good state. Inspections are performed to obtain information about the current state of the road; when the damage achieves the established standards, the road is repaired through a maintenance action that is...
Persistent link: https://www.econbiz.de/10010324538
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Maintenance of Light Standards, a Case-Study
Dekker, Rommert; van der Meer, J. Robert; Plasmeijer, … - 1996
This paper discusses several strategies for the maintenance of light standards, where each light standard consists of n independent and identical lamps screwed on a chandelier. The lamps are subject to stochastic failures, and must be correctively replaced if the number of failed lamps reaches a...
Persistent link: https://www.econbiz.de/10010324700
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Maintenance Costs, Obsolescence, and Endogenous Growth
Berden, Koen G.; van Marrewijk, Charles - 2001
We analyze the impact of obsolescence of economic inventions by incorporating maintenance costsin the endogenous growth model of expanding product varieties. This contrasts with the existingliterature, which ignores maintenance costs and uses the model of quality improvements todescribe...
Persistent link: https://www.econbiz.de/10010325047
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Vorbeugende Instandhaltung und Eilaufträge in der Produktionsplanung
Drexl, Andreas; Haase, Knut - 1997
Persistent link: https://www.econbiz.de/10011817512
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Approximation properties of the neuro-fuzzy minimum function
Gottschling, Andreas; Kreuter, Christof - 1999
function that allows fast optimization and function approximation with neuro-fuzzy networks. …
Persistent link: https://www.econbiz.de/10010301773
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A Pure Binary LP Model to the Facility Layout Problem
Papahristodoulou, Christos - 1999
In facility layout problems, a major concern is the optimal design or remodeling of the facilities of an organization. The decision maker's objective is to arrange the facility in an optimal way, so that the interaction among functions (i.e. machines, inventories, persons) and places (i.e....
Persistent link: https://www.econbiz.de/10010321747
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Optimal Balanced Control for Call Centers
Bhulai, Sandjai; Farenhorst-Yuan, Taoying; Heidergott, Bernd - 2010
sequences provide an additional step in optimization and control. This motivates our new approach where we avoid the …
Persistent link: https://www.econbiz.de/10010325903