Purpose When the power generator faces uncertain and independent electricity spot price and renewable energy source supply, two different conditions need to be considered: the distributions of renewable energy source electricity and electricity spot price are independent or dependent. The...

Considers five topics in an attempt to review the concept of institutional development (ID): institutions; development; institutional development; projects; technical assistance. Institutions are seen as fundamental to the development process. Development is seen as a political process. ID is...

Firms are increasingly aware of environmental degradation and this has led many of them to include “quality, safety and protecting the environment” among their competitive priorities. This also involves large capital investments aimed at reducing the environmental impact of their...

A microcomputer‐based information management and capacity planning system for discrete parts manufacturing is described. The two primary components of the system are: (1) framework for information management and schedule generation, and (2) heuristic methods for workload balancing. The...

Critical‐ratio technique is a common approach used to identify the ext job to run on a machine. Recently, an alternative procedure, known as the contingent critical‐ratio technique, has been proposed and proved to be superior to the conventional critical‐ratio rule. Examines the logic of...

One strategic design parameter in capacity management is the setting of a planned level of capacity utilization at which the manufacturing operation will operate long term. Seeks to examine systematically the implications of varying levels of capacity utilization within an assemble‐to‐order...