The mining industry continues to play a significant role in developing the economy in developing countries. The need for minerals influences the magnitude of the mining industry, and safety concerns have taken on considerable importance in this sector. Equipment failure and breakdown will...

Groundwater recharge is crucial in developing groundwater sources in an area for regional growth. One of the essential natural water resources is groundwater, which differs geographically in quality and amount. Groundwater resources are under great strain due to growing urbanization and...

The authors study the well-known order quantity model in a three-player context, using a framework of newsboy problem. An expected average cost function of the chain by trading off inventory cost and shortage costs is formulated which is minimized to obtain optimal order sizes of the supplier,...