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The network choice revenue management problem models customers as choosing from an offerset, and the firm decides the best subset to offer at any given moment to maximize expected revenue. The resulting dynamic program for the firm is intractable and approximated by a deterministic linear...
Persistent link: https://www.econbiz.de/10008800187
Lot-sizing and capacity planning are important supply chain decisions, and competition and cooperation affect the performance of these decisions. In this paper, we look into the dynamic lot sizing and resource competition problem of an industry consisting of multiple firms. A capacity...
Persistent link: https://www.econbiz.de/10008485508
Rede, in verkorte vorm uitgesproken op vrijdag 20 september 2002 bij de aanvaarding van het ambt van bijzonder hoogleraar aan de Faculteit der Economische Wetenschappen, vanwege de Vereniging Trustfonds Erasmus Universiteit Rotterdam, met als leeropdracht Mathematische Besliskunde, in het...
Persistent link: https://www.econbiz.de/10005209853
One of the main points of criticism on academic research in operations research (management science ) is that there is too much emphasis on the mathematical aspects of the discipline. In particular, the mathematical models that lend themselves to rigorous mathematical analysis are often rough...
Persistent link: https://www.econbiz.de/10010730459
The nature of the relationship Bill James found between the win/loss percentage of a Major League Baseball team and the number of runs the team scores and allows over the course of a season is investigated for the National Hockey League (NHL). We find the optimal form of James' model for the NHL...
Persistent link: https://www.econbiz.de/10005046696
This paper presents two operating rules for the refill and drawdown seasons of reservoirs in parallel for water supply, considering water quality. For the refill season a Linear Programming form of the New York City Rule is developed. Another Linear Programming form based on equalizing the...
Persistent link: https://www.econbiz.de/10010997752
In this technical note we discuss a paper of Benkherouf and Balkhi recently published in Mathematical Methods of Operations Research. They established the model for deteriorating items with increasing demand and proved the uniqueness for the solution of the system of first partial derivatives....
Persistent link: https://www.econbiz.de/10010999670
In this technical note we discuss a paper of Benkherouf and Balkhi recently published in Mathematical Methods of Operations Research. They established the model for deteriorating items with increasing demand and proved the uniqueness for the solution of the system of first partial derivatives....
Persistent link: https://www.econbiz.de/10010847636
Operations Research / Management Science (OR/MS) can be described as the discipline of applying advanced analytical methods to help making better decisions and has been around in the agricultural and forestry management sectors since the fifties, approaching decision problems that range from...
Persistent link: https://www.econbiz.de/10010878726
The detectability of invasive organisms influences the feasibility of eradicating an infestation. Search theory offers a framework for defining and measuring detectability, taking account of searcher ability, biological factors and the search environment. In this paper, search theory concepts...
Persistent link: https://www.econbiz.de/10010914837