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Purpose: The paper proposes a new workforce effectiveness metric that is a sophisticated evolution of a pre-existing overall labour effectiveness (OLE) indicator. The KPI, named revised OLE (ROLE), provides a structured methodology to measure in a holistic way the losses relating to labour,...
Persistent link: https://www.econbiz.de/10012276610
Purpose – The purpose of this paper is to present a reliability centered maintenance (RCM) embedded integer linear programming approach (suited to the budget monetary resources allocation task) to the maintenance strategies mix selection for an industrial plant equipment....
Persistent link: https://www.econbiz.de/10014801754
In this paper, a new game theory based approach for the evacuees exit selection in emergency conditions is presented. It is founded on the theoretical concepts of multi-stage games with perfect information. In particular, an evacuee is a player and the available actions for a generic player are...
Persistent link: https://www.econbiz.de/10011010832
In this paper a new analytical approach to safety stock management, within single buyer–single vendor framework under VMI with consignment agreement, is presented. In particular, the cost of the safety stock is evaluated adopting a logistic approximation of the standard normal cumulative...
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