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Purpose: Smart contracts are transaction programs with an 'if-then logic' in relation to the blockchain technology and offer new possibilities for production control. Smart orders are derived from production orders and they are based on smart contracts. Therefore, they are created with the...
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We analyse the benefits and limitations of the integration of sourcing decisions into the operational route compilation task of a road-haulage company. A trucking company has to supply several customer sides. The demanded quantities are given. The trucking company has to decide which truck...
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At a time when economics is giving intense scrutiny to the likely impact of artificial intelligence (AI) on the global economy, this paper suggests the two disciplines face a common problem when it comes to uncertainty. It is argued that, despite the enormous achievements of AI systems, it would...
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