We provide analytic models for which the appropriate statistics of the trading the line strategy, Nh, can be derived in closed form. In particular, we provide closed-form expressions concerning the average duration of the open position, E(Nh), the variance of the open duration, Var(Nh), the...

Diversification in agriculture is considered as an important means for rapid economic growth and development in the hilly state of Himachal Pradesh. It includes shift in cropping pattern, i.e., growing high-value crop in place of traditional crops, and adoption of allied activities like dairy,...

The paper focuses to identify various critical success factors that could influence the implementation of newly proposed manufacturing system i.e., humanised flexible manufacturing system (HFMS), and develop a framework to manage them. Interpretive structural modelling (ISM) is used to depict...

Total Quality Management (TQM) is a philosophy that delivers long-term benefits in terms of profitability, customer satisfaction and quality of products. Different organisations work for TQM implementation and utilise their resources to achieve the anticipated benefits. However, it is generally...

This paper focuses on evaluation of the firm's ability to implement a newly proposed advanced manufacturing system (AMS), i.e., humanised flexible manufacturing system (HFMS). Methodology based on digraph and matrix approach has been utilised for finding the index of fitness (IOF) for transition...

Today supply chains leverage their partner's competencies and in the process also inherit the risks associated with various links of a supply chain. Although it is impossible to completely eliminate various risks, an environment can be created which helps to effectively mitigate risk. The most...

It is becoming impossible to remove or ignore sources of turbulence and volatility in markets. Hence, supply chain managers must accept uncertainty, but they still need to develop a strategy that enables them to match supply and demand at an acceptable cost. The ability to achieve this has been...

This article presents a comprehensive methodology for the selection of a logistic service provider. The proposed methodology consists of two parts: (i) preliminary screening of the available providers, and (ii) analytic network process (ANP)-based final selection. The criteria, which are...