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The basic financial purpose of a firm is to maximize its value. An inventory management system should also contribute to realization of this basic aim. Many current asset management models currently found in financial management literature were constructed with the assumption of book profit...
Persistent link: https://www.econbiz.de/10009680132
Financial services are characterised by the integration of customers while the service is being delivered. This integration leads to interruptions and thus delays in the processing of a customer order until for example the customer provides the missing input. Because customer behaviour can only...
Persistent link: https://www.econbiz.de/10009404777
Services are characterised by the integration of customers while the service is produced. This integration leads to interruptions in the processing of a customer order until the customer provides the missing input. Since customer behaviour can be planned to a certain extent only challenges in...
Persistent link: https://www.econbiz.de/10009234694
This paper studies how a retailer decides the length of product line in a vertically related industry. We study a market with two product varieties. Each retailer decides the number of varieties it procures from an upstream manufacturer. The manufacturer may open an online store and encroach on...
Persistent link: https://www.econbiz.de/10011499711
A new model formulation is developed for reducing the workload in pre-batching at a manufacturer of flavours and fragrances, by optimally assigning ingredients to different storage types, taking into account past usage of ingredients and several restrictions about volumes and number of storage...
Persistent link: https://www.econbiz.de/10013131713
Quite often transportation companies face two types of jobs, ones which they can plan themselves and ones which have to be done on call. In this paper we study the scheduling of these jobs, while we assume that job durations are known beforehand as well as windows in which the jobs need to be...
Persistent link: https://www.econbiz.de/10013134525
In this paper, we develop a model to determine small business competitive advantages, industry competitiveness. We develop a process to internalize this capabilities to improve small to medium size business overall performance. The results suggests that business infrastructure, research and...
Persistent link: https://www.econbiz.de/10013115710
Critics have long faulted the wide-spread practice of trade promotions as wasteful. It has been estimated that this practice adds up to $100 billion worth of inventory to the distribution system. Yet the practice continues. In this paper, we propose a price-discrimination model of trade...
Persistent link: https://www.econbiz.de/10013116983
executed with a focus on risk and uncertainty. This article presents the consequences that can result from an operating risk … that uses portfolio management theory to determine the level of accounts receivable in a firm. An increase in the level of …, special attention was paid to adapting assumptions from portfolio theory as well as gauging the potential effect on the firm …
Persistent link: https://www.econbiz.de/10013125285