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The success of a new product depends on both engineering decisions (product reliability) and marketing decisions (price, warranty). A higher reliability results in a higher manufacturing cost and higher sale price. Consumers are willing to pay a higher price only if they can be assured about...
Persistent link: https://www.econbiz.de/10009448616
assets changes when traditional portfolio optimization methods are replaced with newer techniques. Specifically, the … of the newer schemes should produce excess returns over conventional (mean-variance optimization with Normally …
Persistent link: https://www.econbiz.de/10009450764
On a typical day, more than 53 million tons of goods valued at about $36 million are moved on the US multimodal transportation network. An efficient freight transportation industry is the key in facilitating the required movement of raw materials and finished products. Among different modes of...
Persistent link: https://www.econbiz.de/10009450864
This paper presents the impact of RFID technology on the picking and shipping processes of one RFID-enabled warehouse in the 3PL industry. The findings from our study confirm initial results from many studies where RFID implementation has been shown to enable business process redesign, improve...
Persistent link: https://www.econbiz.de/10009457610
Linear programming is a tool that has been successfully applied to various problems across many different industries and businesses. However, it appears that casino operators may have overlooked this useful and proven method. At most casino properties the bulk of gaming revenues are derived from...
Persistent link: https://www.econbiz.de/10009458726
technique whichuses optimization methods to provide a means to solve a problem by striving towardsmultiple objectives …
Persistent link: https://www.econbiz.de/10009458914
A supply chain is the system of organizations, people, technology, activities, information,and resources involved in moving a product or service from supplier to customer. Themain and basic challenges in the supply chain are to plan a strategy to manage theresources and meet the demands, to...
Persistent link: https://www.econbiz.de/10009459144
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Multi-criteria decision-making (MCDM) represents one of the core research streams in the field of operations research (OR). Altough numerous sound MCDM methods for various kind of applications exist, the application of such methods in the practical field is found rarely. The reason for this gap...
Persistent link: https://www.econbiz.de/10009480911
Thesis (Ph. D.)--University of Rochester. William E. Simon Graduate School of Business Administration, 2009.
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