Performance is an issue today in production management. Thus, every decision-maker within the production management system must make his own decisions in relation to local objectives which must be defined and valued consistently within the global objectives of the system. Based on this...

Benchmarking of industrial business processes is based on the comparison of performances reached. However, benchmarking should also allow the understanding of how each process attains these performances. To this end, modelling techniques can be very useful. For this purpose, we have developed...

One of the main motivations for productivity analysis is to assess the scope for overall improvements in the output possibilities of individual producers. At times of fiscal and government budgetary pressures, attention focuses particularly on the output potential of public service providers and...

The present paper proposes tasks and methods which can be used in process of discovering the most expedient variants of the perspective and effective strategy development process of the defence spending in the Republic of Estonia.The author offers a part of strategy model named “Financial...

Purpose this study focuses on the policy of Corporate Social Responsibility (CSR) launched in the chemical industry in the 1980s and known as “Responsible Care”. The debate surrounding this issue prompts us to question the ever-changing nature of this policy and the way to measure the...

Two new methodologies are introduced to improve inference in the evaluation of mutual fund performance against benchmarks. First, the benchmark models are estimated using panel methods with both fund and time effects. Second, the non-normality of individual mutual fund returns is accounted for...

The construction of a sequential model performance based on indicators broken down by factors and variables is relevant because it provides a complete picture of the effectiveness of collaborative structures built and operated on the basis of policies induced by the organizations involved. It...

Auctions are an important link in supply chains.This paper presents an empirical investigation of a single-shot simultaneous or sealed-bid auction.This case study concerns the mussel trade in Yerseke, the Netherlands.It surprisingly demonstrates that companies buying large quantities of mussels...

There are a number of studies in the literature where replenishment systems have been compared on the basis of mean performance. However, little attention has focused on comparing systems on the basis of sensitivity to changes in the supply chain environment. This study compares the performance...

This report integrates and summarizes findings on performance measurement for Supplemental Nutrition Assistance Program modernization initiatives across the 45 study states including how they monitor and measure performance. It also includes suggestions for performance measures and standards to...