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In this paper, we propose a methodology, based on materials accounting and operational research techniques, to assess different industry configurations according to their life cycle environmental impacts. Rather than evaluating a specific technology, our methodology searches for the feasible...
Persistent link: https://www.econbiz.de/10005722139
Persistent link: https://www.econbiz.de/10005656701
The relation between rationality and optimization have been widely discussed in the wake of Herbert Simon's work, with … the common conclusion that the rationality concept does not imply the optimization principle. The paper is partly … form optimization to rationality, which is accepted even by bounded rationality theorists. …
Persistent link: https://www.econbiz.de/10005660675
In this paper we describe a simulation approach to explore optimal defensive strategies concerning an entrant situation in an artificial consumer market. There are two questions of interest concerning the adaptation of the strategy to obtain maximal profits¡Xthe effects of (1) varying...
Persistent link: https://www.econbiz.de/10008555970
Marketing resource allocation is increasingly based on the optimization of expected returns on investment. If the …
Persistent link: https://www.econbiz.de/10008556930
In this paper they show how an optimization algorithm can be used to approximately quantify the costs to users of …
Persistent link: https://www.econbiz.de/10008642258
One of the economists’ missions is to predict the behavioral responses of consumers or firms on the assumption that optimizing continues. Once this capability is developed, economists try to manage “today” to optimize future economic return of the inputs. Techniques to predict future...
Persistent link: https://www.econbiz.de/10008642648
Supply‐chain management (SCM) involves coordinating and managing all the activities from raw materials procurement to the delivery of the final product to the customer. A key ingredient for effective SCM is timely planning and information processing across the entire value‐added chain. This...
Persistent link: https://www.econbiz.de/10014793379
‐scale facility location and allocation problems in supply chain optimization. A system that automates this process for supply chain … optimization at PFS Logistics Consulting is discussed and an example is presented.  …
Persistent link: https://www.econbiz.de/10014793418
Addresses important logistical considerations in the distribution of a seasonal food product. While continued attempts have been made to maintain high levels of customer service within the food industry, the degree of uncertainty in the distribution channel itself often undermines management’s...
Persistent link: https://www.econbiz.de/10014794081