Olga Anisimova Quality Management in Purchasing, 52 pages, 1 appendix Saimaa University of Applied Sciences Faculty of Business Administration, Lappeenranta Degree Programme in International Business Thesis 2014 Instructor: Senior Lecturer, Leena Laari-Muinonen, Saimaa University of Applied Sciences The implementation of quality management by the companies is one of the last tendencies towards ...

We find direct evidence that institutions churn stocks, increase commissions per share and pay unusually high commissions on trades in order to send abnormally high commissions to lead underwriters of upcoming IPOs. These excess commission payments are a particularly effective way for transient investors to receive lucrative IPO allocations. Our results suggest that the underwriter’s concern fo...

Let G be a graph with edge set (e1, e2, ...eN ). We independently associate to each edge ei of G a cost xi that is drawn from a Uniform [0, 1] distribution. Suppose F is a set of targeted structures that consists of subgraphs of G. We would like to buy a subset of F at small cost, however we do not know a priori the values of the random variables x1, ..., xN . Instead, we inspect the random var...

The procedures for purchasing surgical instruments and consumables are similar to those for purchasing equipment, which were addressed in our “Equipment for eye care” issue (number 73, September 2010). The major difference with consumables is that the number of items in stock (the ‘stock level’) must be monitored constantly. Consumables are generally fast moving and require frequent replacement...

Links [1] mailto:[email protected] [2] mailto:[email protected] [3] mailto:[email protected] [4] mailto:[email protected] [5] mailto:[email protected] [6] mailto:[email protected] [7] mailto:[email protected] [8] mailto:[email protected] [9] mailto:[email protected] [10] mailto:[email protected] [11] mailto:[email protected] [12] mailto:[email protected] [13] mailto:rmarilov@u...

States and small businesses have been rapidly establishing voluntary health care purchasing pools during the past few years. Purchasing pools can decrease health care costs, improve access for some small businesses and individual persons, allow greater choice among health care plans, and provide continuity of care. Purchasing pools also help to even the balance of power in the health care marke...

Initial purchasing decisions such as make-or-buy decisions and supplier selection are decisions of strategic importance to companies. The nature of these decisions usually is complex and unstructured. Management Science techniques might be helpful tools for this kind of decision making problems. So far, however, the application of outranking methods in purchasing decisions has not been suggeste...