The opinions expressed in this paper are the sole responsibility of the authors and do not necessarily reflect those of the OECD or of the governments of its Member countries. Division in the Directorate for Education and it complements the analyses being undertaken by the participating countries and the OECD Secretariat. The objectives of the review are to examine how the organisation, financi...

We consider an infinite-horizon, periodic-review inventory model in which the leadtime probability distribution is dependent on the state of a completely observed, exogenous Markov chain. Order costs are linear, and unsatisfied demand is fully backlogged. It is known that there exists a state-dependent, stationary basestock policy that is optimal for the long-run average cost case. We present a...

In tertiary institutions in Australia, and no doubt elsewhere, there is increasing pressure for accountability. No longer are academics assumed a priori to be responsible and capable of self management in teaching and assessing the subjects they run. Procedures are being dictated more from the ‘top down’. Although academics may not always appreciate ‘top down’ policies on teaching and learning,...

In this paper we introduce the optimal solution for a simple and yet practical inventory policy with the important characteristic which eliminates the uncertainty in demand for suppliers. In this new policy which is different from the classical inventory policies, the time interval between any two consecutive orders is fixed and the quantity of each order is one. Assuming the fixed ordering cos...

When managing heterogeneous socioecological systems, decision-makers must choose a spatial resolution at which to define management policies. Complex spatial policies allow managers to better reflect underlying ecological and economic heterogeneity, but incur higher compliance and enforcement costs. To choose the most appropriate management resolution, we need to characterize the relationship b...

This paper describes demand management and its life cycle, taking into account the IT priorities model and project prioritization as a key demand management element. One of a company’s main objectives is to get the maximum benefit from its businesses in the shortest possible time. To do this, it is necessary to properly manage customer demand and satisfy customer needs. Therefore, it has to pro...

BACKGROUND The status of complementary and alternative medicine (CAM) within the EU needs clarification. The definition and terminology of CAM is heterogeneous. The therapies, legal status, regulations and approaches used vary from country to country but there is widespread use by EU citizens. A coordination project funded by the EU has been launched to improve the knowledge about CAM in Europe...