The subject of this paper is the problem of finding the optimal replenishment schedule for an inventory, subject to … time-dependent demand and deterioration, within a finite time planning horizon. It is shown that taking inflation into …

framework for economic analysis of demand determinants and supply relationships in an economy of surplus labour supply …

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …

production, have not yet been taken into account by the mainstream theory of economic growth. Novel econometric analyses, however … perspective contributes to resolving the paradox that energy hardly matters in mainstream growth theory, whereas it is an issue of …

completely satisfy demand requirements. To investigate the implications that the choice of these performance measures have on …

Standard banking theory suggests that there exists an optimal level of credit risk that yields maximum bank profit. We …