Consider a plant that has information about the arrival schedule of its "inputs" over a planning cycle. The plant has parallel production lines for processing multiple types of products. However, changeover cost and changeover time are incurred when a line changes from processing one type of...

We consider the optimal allocation of a resource in a single-facility production environment in the presence of capacity-based economies and diseconomies of scope. This setting generalizes the usual approach to single-facility resource allocation by allowing for the effective capacity of a...

This paper is a study within the field of public budgeting. It focuses on the capital budget, and it attempts to model and analyze the capital budgeting process using a framework previously developed in the literature of incremental budgeting. Within this framework the paper seeks to determine...

The main purpose of this study is to construct a suitable research and development (R&D) model which would facilitate the analysis of activity sequencing and resource allocation in R&D projects. In the proposed model, essential characteristics of R&D projects are incorporated. Namely, the...

While the mainstream of Western economic thought believes in competitive markets, the Schumpeterian school considers concentrated industry to be the ideal vehicle for the advancement of industrial technology. Empirical evidence on the Schumpeterian hypothesis that a concentrated industry...

This paper considers optimization problems with a nonlinear-additive objective function and a single linear constraint. Such models have numerous direct applications and serve as subproblems in procedures for more complex problems. Some important portfolio selection problems can be expressed in...

New product launches are often accompanied by extensive marketing communication campaigns. Firms' allocation decisions for these marketing communication expenditures have two dimensions—across consumers and over time. This allocation problem is different relative to the problem of allocation...

The ability to demonstrate the impact of marketing action on firm financial performance is crucial for evaluating, justifying, and optimizing the expenditure of a firm's marketing resources. This presents itself as a formidable task when one considers both the variety and potential influence of...

Different transport stakeholders have different needs for transport infrastructure and services. Meeting the needs of all stakeholders implies a trade-off of benefits and costs between supply and demand and creates transport diversity issues. However, the literature has largely ignored these...