Showing 1 - 10 of 116
In this paper, expected utility, defined by a Taylor series expansion around expected wealth, is maximized. The coefficient of relative risk aversion (CRRA) that is commensurate with a 100% investment in the risky asset is simulated. The following parameters are varied: the riskless return, the...
Persistent link: https://www.econbiz.de/10011559141
Trotz des starken Rückgangs der Rohölpreise seit dem Herbst 2008 ist das Preisniveau mit gegenwärtig rund 60 US-Dollar pro Fass immer noch deutlich höher als im langfristigen Durchschnitt. Die Marktmacht der Organisation erdölexportierender Länder (OPEC) ist nach wie vor sehr groß und...
Persistent link: https://www.econbiz.de/10011602007
Manufacturers aim to design product-service systems (PSS) which integrate services with products to attain sustained competitive advantage from a life cycle perspective. PSS design should be customised solutions which are aligned to integrated stakeholders' capabilities, a subject which the...
Persistent link: https://www.econbiz.de/10011615710
simulate the remanufacturing process using the Monte Carlo simulation in Crystal Ball. Compared with the result of the GERT … model (8.5114 h), the simulation error rate is 0.225%. This consistency in results indicates that both the stochastic …
Persistent link: https://www.econbiz.de/10011615711
One of the major challenges that a remanufacturer faces at strategic planning level today is to match its supply (returned items) with demand due to the inherited uncertainties and variations on both sides. Forecasting product returns is one of the most important tasks of this matching process....
Persistent link: https://www.econbiz.de/10011615714
I have given this paper the title 'Regional Science in a time of uncertainty' because that is what it appears to be, very much a time of uncertainty. Uncertainty is always with us, but what I mean is the future is more uncertain than usual. There are multiple unanticipated and threatening shocks...
Persistent link: https://www.econbiz.de/10011617522
Für den langfristigen Strukturwandel wird erwartet, dass die Dienstleistungen zunehmend an Bedeutung gewinnen. Dies war in Deutschland seit 2000 nicht zu beobachten. Der Exportboom hatte vor allem die Industrie begünstigt. Dass dabei aber auch der Dienstleistungssektor profitieren konnte,...
Persistent link: https://www.econbiz.de/10010516330
The simulation has proved a particularly effective and powerful technique to evaluate different alternatives for … paper proposes to use the discrete simulation for redesign and organization of work in a local food restaurant, which … caused a decline in sales in the fourth quarter. With the simulation, it is obtained the modeling and evaluation of different …
Persistent link: https://www.econbiz.de/10011307207
Persistent link: https://www.econbiz.de/10011475348
Persistent link: https://www.econbiz.de/10011475388