The airline industry is constantly subject to the search of new methods in order to increase efficiency, profitability, and customer satisfaction. Since airlines only generate revenue when their airplanes are on the air, the time they spend at the airports should be the shortest possible. Hence, the airplane turnaround time becomes a process which airlines pay special attention on. The boarding...

Urologists may be concerned that treatment of patients with interstitial cystitis (IC) is not economically feasible, and the time spent on these patients could be used for more profitable urologic therapy. However, care of IC patients can provide urologic practices with increased revenue opportunities through a wide range of procedures, including IC evaluation and management, treatment planning...

Money makes the biotech world go around. However, quicker circulation of that cash is driving both trends in new investment in start-ups and the approach of investors to exits. Increasingly, to get funded, new companies need to demonstrate a fast track approach that will allow the company to hit key milestone events swiftly, and those milestones may well be revenue generation events or even pro...

In this paper we consider a single inventory (newsboy) problem in which the vendor has a limited amount of funds to purchase items to sell. We assume that the manufacturer will either sell the items to the vendor outright or offer the items to the vendor on a revenue sharing (consignment) basis. In the latter case, that amount of money the vendor pays per unit is less than if the items are purc...

Over the past two decades there have been major increases in dairy production in New Zealand. This increase in intensity has required increased use of external inputs, in particular fertilizer, feed, and water. Intensified dairy farming thus incurs considerable environmental externalities: impacts that are not paid for directly by the dairy farmer. These externalities are left for the wider New...

This paper explores the impacts of a water right's allocative priority-as an indicator of farmers' risk-bearing ability-on land irrigation under water supply uncertainty. We develop and use an economic model to simulate farmers' land irrigation decision and associated economic returns in eastern Idaho. Results indicate that the optimal acreage of land irrigated increases with water right priori...

Sponsored search advertising (SSA), the primary revenue source of Web search engine companies, has become the dominant form of online advertising. Search engine companies, such as Google and Baidu, are naturally interested in SSA mechanism design with the aim to improve the overall effectiveness and profitability of SSA ecosystems. Due to model intractability, however, traditional game theory a...

The measurement of interspatial productivity differences (for example between countries), also called the comparison of productivity levels, is usually based on models that make use of strong assumptions such as competitive behaviour and constant returns to scale. This paper develops a blueprint for interspatial comparative productivity measurement. It will be shown that all the usual, neoclass...

The ability to demonstrate the impact of marketing action on firm financial performance is crucial for evaluating, justifying, and optimizing the expenditure of a firm’s marketing resources. This presents itself as a formidable task when one considers both the variety and potential influence of marketing activity. We propose a Hierarchical Bayesian model of simultaneous supply and demand that a...

C a profitable schedule is of utmost importance to an airline because its profitability is critically influenced by its flight offerings. We focus our attention on the steps of the airline schedule planning process involving schedule design and fleet assignment. Airline schedule design involves determining when and where to offer flights such that profits are maximized, and fleet assignment inv...