This paper studies periodic review inventory systems in which replenishments are capacitated. This capacity restriction implies that the order-up-to level may not always be reached at each replenishment, such that additional safety stock is needed to achieve the same service level as in the...

The 2007 global financial crisis led to a chaotic financial environment characterized by highly uncertain and volatile stock markets. This created additional uncertainty about the fundamental value of shares and potentially increased the benefit of inside information. In this paper, we use event...

We use a nonparametric approach to investigate the relationship between farm produc- tivity and farming scale. A Kernel regression is used on data of mixed cropping systems to study the determinants of production including different factors that have been identifieed in literature as missing...

Background: Although mission statements are one of the most popular management instruments, little is known about the nature and direction of the presumed relationship between mission statements and organizational performance. In particular, empirical insights into the degree of mission...

Recently, variable selection by penalized likelihood has attracted much research interest. In this paper, we propose adaptive Lasso quantile regression (BALQR) from a Bayesian perspective. The method extends the Bayesian Lasso quantile regression by allowing different penalization parameters for...

In this paper we study the characteristics of population based meta-heuristics that distinguish the procedures from a standard meta-heuristic and that positively contribute to the quality of the solutions obtained. More precisely, we investigate and discuss the importance of a wellconsidered...

We examine the impact of distressed acquisitions on acquirer volatility and default risk for a worldwide sample of distressed firms using several risk measures. We find that, on average, absolute levels of historical and implied volatility do not change following a distressed acquisition....

Custom packs group medical disposable items into a single sterile package that is used for surgical procedures. Although custom packs constitute a well-known concept in the hospital setting, little is known on methodologies to configure them, especially if the number of medical items, procedures...

This study investigates whether and to what extent further unemployment experience for youths who are already long-term unemployed imposes a penalty on subsequent labor market outcomes. We propose a flexible method for analyzing the effect on wages aside of transitions from unemployment and...

The single-vehicle cyclic inventory routing problem (SV-CIRP) consists of a repetitive distribution of a product from a single depot to a selected subset of customers. For each customer, selected for replenishments, the supplier collects a corresponding fixed reward. The objective is to...