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The article presents the first theoretical and empirical estimation of the role of logistics in mitigating the effects …-2018. The studies examined the efficiency and effectiveness of logistics management, with a particular focus on logistics … infrastructure expenditure, balance-sheet inventories, and logistics costs. The computation of the LMAI indicator, based on averaged …
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The paper develops a version of Pontryagin's maximum principle for optimal control problems with monotonicity constraints on control variables. Whereas the literature handles such constraints by imposing an assumption of piecewise smoothness on the control variable and treating the slope of this...
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