Pricing a product is one of the most important decisions an organization can make. Marketing research has developed several different approaches to price optimization. They include direct methods such as estimation of willingness to pay, indirect methods such as Gabor-Granger and van Westendorp techniques, and product/price mix methods such as various discrete choice models. All of them are wid...

Product-mix problems, where a range of products that generate different incomes compete for limited set production resources, are key to the success many organisations. In their deterministic forms, these simple optimisation problems; however, consideration stochasticity may turn them into analytically and/or computationally intractable problems. Thus, simulation becomes powerful approach provi...

Olive milling wastewater is a major problem facing the Mediterranean countries producing olive oil like Egypt. In the present study, olive milling wastewater rich with organic phenolic compounds, macro and micro nutrients was used as growing media for cyanobacteria. The cyanobacteria were grown on wastewater to obtain two biofertilizers, one bioformulated from single culture of Spirulina pl...

Entertainment products such as movies, DVDs and video games have short life-cycles: demand is usually highest immediately following the product release and declines rapidly in subsequent weeks. Since marketers have to set advertising schedules for such products prior to launch, it is critical for them to obtain an accurate assessment of the demand responsiveness to advertising before any sales ...

The language MIX consists of all strings over the three-letter alphabet {a, b, c} that contain an equal number of occurrences of each letter. We prove Joshi’s (1985) conjecture that MIX is not a tree-adjoining language.

Production planning is often challenging for small medium enterprises (SMEs) company. Most of the SMEs are having difficulty in determining optimal level production output which can affect their business performance. Product mix optimization one main key planning. Many company have used linear programming model combination various products that need to be produced order maximize profit. Thus, t...

Semiconductor Industry (SI) is facing the challenge of short product life cycles due to increasing diversity in customer demands. As a result, it has transformed into a high-mix low -volume production line that requires sustainable production capacities. However, significant increase in the unscheduled equipment breakdowns, limits its success. It is observed that in a high-mix low-volume produc...