There is no doubt that at least since the 1990s process orientation has evolved into one of the central paradigms of organizational design. Since then, all process management subtasks have matured. Process management decisions, however, lack economic foundation. They are usually based on...

This research analyses optimal bus stop location using a sequentially applied two-stage model. During the first stage the bus stops are strategically located throughout the public transport system on a macroscopic scale while at the same time the social cost of the network is minimized. The...

In this paper, the implications of alternative decarbonization pathways for Europe's power sector up until the year 2050 are analyzed. In speci fic, an electricity system optimization model is used to investigate the minimal costs of decarbonization under a stand-alone CO2 reduction target and...

Since PV grid parity has already been achieved in Germany, households are given an indirect financial incentive to invest in PV and battery storage capacities. This paper analyzes the economic consequences of the household's optimization behavior induced by the indirect financial incentive for...

The purpose of this study is proposing a methodology to determine the ecological base flow of a river. In the past in Taiwan, the ecological base flow was calculated according to the basin area, and the influence of the water supply was not considered. This study proposes a methodology combining...

A methodology for evaluating real-time optimal reservoir releases under flooding conditions that minimizes flood damages for a river-reservoir system is described in this paper. The problem is formulated as a discrete-time optimal control problem in which reservoir releases are the control...

An optimization model is developed based on the Input-Output model to assess the potential impacts of industrial structure on the energy consumption and CO2 emission. The method is applied to a case study of industrial structure adjustment in Beijing, China. Results demonstrate that industrial...

Forest products industry should maximize the value of timber harvested and associated products in order to be competitive in global markets. Enhanced forest inventories and merchandizing yards can help in maximizing value recovery in the forest products supply chain. This study develops an...

In this paper, equity preference is introduced into the customer participation (CP) incentive problem and new principal–agent models are built. The proposed models are different from the Holmstrom and Milgrom's models (1987) because of the consideration of equity preference, which emphasize...

The authors suggest the methodology development and optimization of investment programs for the development of large diversified complex, including the mathematical model, computer program and method of preparation of expert information to solve the problem of optimizing the investment plan. For...