In this work a two echelon merge supply chain is examined. Specifically, two non identical reliable suppliers feed a distribution centre with a shared buffer. The first echelon consists of the distribution centre and the shared buffer, the second echelon includes two non identical reliable...

In this paper we consider daily financial data from various sources (stock market indices, foreign exchange rates and bonds) and analyze their multi-scaling properties by estimating the parameters of a Markov-switching multifractal model (MSM) with Lognormal volatility components. In order to...