In the restructured environment of electricity market, firstly the generating companies and the customers are looking for maximizing their profit and secondly independent system operator is looking for the stability of the power network and maximizing social welfare. In this paper, a one way auction in the electricity market for the generator companies is considered in both perfect and imperfec...

The integration of marketing and demand with logistics and inventories (supply side of companies) may cause multiple improvements; it can revolutionize the management of the revenue of rental companies, hotels, and airlines. In this paper, we develop a multi-objective pricing-inventory model for a retailer. Maximizing the retailer's profit and the service level are the objectives, and shorta...

Abstract Bottom trawlers are engaged in multi-species fisheries and fish for profit. In quota-regulated fisheries, intra- inter-temporal substitutions of fishing effort is regarded as a key mechanisms that influences the profitability portfolio. The feeding spawning migration patterns available species portfolio alter bio-economic conditions different areas. addition, spatial heterogeneity amon...

The control problem and Dynamic programming is a powerful tool in economics and management. We review the dynamic programming problem from its beginning up to its present stages. A problem which was involved in physics and mathematics in I 7” century led to a branch of mathematics called calculus of variation which was used in economic, and management at the end of the first quarter of the 20” ...

In a near video-on-demand (near-VOD) system, requests for a movie arriving in a period of time are grouped (or “batched”) together and served with a single multicast stream. In this paper, we consider providing near-VOD services when there is a cost associated with using a network multicast channel. We address the tradeoff between system profit, given by the total pay-per-view collected minus t...