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optimization model for organization that can effectively align marketing practices with customers' search processes and preferences …
Persistent link: https://www.econbiz.de/10012049054
The rural poor are often marginalized and restricted from access to markets, public services and information, mainly due to poor connections to transport and communication infrastructure. Despite these unfavorable conditions, agricultural technology investments are believed to unleash unused...
Persistent link: https://www.econbiz.de/10011288365
mean-risk optimization under limited liquidity, including the risk measures absolute and relative Value and Conditional …
Persistent link: https://www.econbiz.de/10011307509
Sustainable use of natural resources becomes an important issue today not only due to global warming and pollution issues but also because of critical pressure on the Earth?s regeneration possibility. We cannot use classical microeconomic approach here for two reasons: a) impossibility to create...
Persistent link: https://www.econbiz.de/10011400423
also matters. All these 3 factors enter with different power, and optimization with respect to linear scale give different …
Persistent link: https://www.econbiz.de/10011400438
In facility layout problems, a major concern is the optimal design or remodeling of the facilities of an organization. The decision maker's objective is to arrange the facility in an optimal way, so that the interaction among functions (i.e. machines, inventories, persons) and places (i.e....
Persistent link: https://www.econbiz.de/10010321747
sequences provide an additional step in optimization and control. This motivates our new approach where we avoid the …
Persistent link: https://www.econbiz.de/10010325903
In this paper we study Markov Decision Process (MDP) problems with the restriction that at decision epochs only a finite number of given Markovian decision rules may be applied. The elements of the finite set of allowed decision rules should be mixed to improve the performance. The set of...
Persistent link: https://www.econbiz.de/10010325920
available information, and 2) given expectations, agents solve optimization problems and these solutions in turn determine … paper we consider both forecasting and optimization decisions in an experimental cobweb economy. We report results from four … experimental treatments: 1) subjects form forecasts only, 2) subjects determine quantity only (solve an optimization problem), 3 …
Persistent link: https://www.econbiz.de/10010326375
This paper estimates the welfare-optimal market share of wind and solar power; explicitly taking into account their output variability. We present a theoretical valuation framework that consistently accounts for output variability over time; forecast errors; and the location of generators in the...
Persistent link: https://www.econbiz.de/10010328669