In this work a non parametric approach is used in order to evaluate the relative efficiency of a sample of firms producers of wooden goods, in presence of non desirable outputs. As main results, we find that the consideration of several restrictions on the expansion of non desirable outputs...

Airline seat inventory control is a very profitable tool in the airline industry. Mathematical programming models provide booking limits or bid-prices for all itineraries and fare classes based on demand forecasts. But the actual revenue generated in the booking process fails to meet...

This paper studies decision rules for accepting reservations for stays in a hotel based on deterministic and stochastic mathematical programming techniques. Booking control strategies are constructed that include ideas for nesting, booking limits and bid prices. We allow for multiple day stays....

Article deals with matters of quantitative methods of creating the optimal range for a small manufacturing enterprise. The classical approach to the formation of an optimal production program based on mathematical methods for linear programming is viewed through the prism of consumer...

In this paper, we discuss the cross-effects on the productive strategy of French dairy farms due to the decoupling and to price variation. A model based on mathematical programming has been developed to determine how dairy farmers might re-evaluate their systems to identify an optimal production...

A web based Spatial Decision Support System (web SDSS) has been implemented in Thessaly, the most significant arable cropping region in Greece, in order to evaluate selected energy crop supply. The web SDSS uses an optimization module to support the decision process, incorporating user input...

Indexing structures are of fundamental importance to modeling languages for mathematical programming as a device for mathematical abstraction, and because they facilitate achieving conciseness, stability, and error-resistance. The aim of this article is to stimulate discussion of such...

Because of the difficulties often experienced in formulating and understanding large-scale models, much current research is directed towards developing systems to support the construction and understanding of management science models. This paper discusses eight different methods for...

In this paper efficient bounds for the price of a call option are obtained using the decreasing absolute risk aversion (DARA) dominance rule. Such lower and upper bounds are obtained minimizing and maximizing, respectively, the objective function of a nonlinear optimization problem. An explicit...