This paper studies the semiconductor industry from three perspectives: historical, entrepreneurial and supply chain management. After a brief introduction, the paper begins by tracing the history and evolution of the semiconductor industry including the two seminal enterprises: Shockley...

This paper considers a dependent risk model with diffusion for the surplus of an insurer, in which a current premium rate will be adjusted after a claim occurs and the adjusted rate is determined by the amount of the claim. At the same time, the diffusion is changed correspondingly. Using...

This paper introduces a new characterization of multivariate normality of a random vector based on univariate normality of linear combinations of its components.

Panel attrition is frequently encountered in panel sample surveys. When it is related to the observed study variable, the classical approach of nonresponse adjustment using a covariate-dependent dropout mechanism can be biased. We consider an efficient method of estimation with monotone panel...

The online auction has become an important channel for procurement and sourcing management. As firms often expect lower procurement prices through online auctions, how the prices are determined in online auctions should be of major interest to procurement managers and supply chain researchers....

This paper considers the optimal dividend problem with proportional reinsurance and capital injection for a large insurance portfolio. In particular, the reinsurance premium is assumed to be calculated via the variance principle instead of the expected value principle. Our objective is to...

This article presents a review of the issues associated with a manufacturer's pricing strategies in a two-echelon supply chain that comprises one manufacturer and two competing retailers, with warranty period-dependent demands. The manufacturer, as a Stackelberg leader, specifies wholesale...

We consider the compound Poisson risk model with debit interest and dividend payments. The model assumes that the company is allowed to borrow at some debit interest rate when the surplus turns negative, and that the premium incomes are paid out as dividends to shareholders when the surplus...

Assume that an insurer has two dependent lines of business. The reserves of the two lines of business are modeled by a two-dimensional compound Poisson risk process or a common shock model. To protect from large losses and to reduce the ruin probability of the insurer, the insurer applies a...