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Cross-sector labor reallocation is associated with costs at the micro level ranging from the costs of geographical relocation and skill change/adaptation to unemployment. We show that monotonous reallocation paths minimize the aggregate reallocation costs in the three-sector framework (relating...
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Planning is the process of identifying the present situation, setting goals and define ways to achieve the objectives. Planning is the primary function of business management because of time preparing space for all other aspects of management, is considered a link between past and present [2]....
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Choosing right Rapid Prototyping technology is not easy, especially for companies inexperienced with that group of manufacturing techniques. Paper summarizes research focused on creating an algorithm for expert system, helping to choose optimal process and determine its parameters for...
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Purpose: This paper is concerned with a reverse logistic system where returns are stochastically dependents on sales. The aim of the paper is to assess the influence on optimal production capacities when is assumed that returns are stochastically independent of sales....
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