the revenue management concept and techniques are applied to model the coordination of supply chain elements. the fundamental premise of this approach is synchronization of a group of business entities consist-ing of a manufacturer and multiple suppliers to achieve an optimal supply chain capacity plans. the output of the supply chain can be various products and thus it is measured in terms of ...

In this study, yield-water and profit function was used to obtain water demand function in agriculture sector. The results showed that the ratio of actual to potential Evapotranspiration had positive, significant effecton the ratio of actual to potential yield for wheat and barley. Also, square ratio of actual to potential Evapotranspiration had negative, significant relationship. After estimat...

Papers published in this report series are preliminary versions of journal articles and not for quotations. Abstract This paper extends the real options literature by discussing an investment problem, where a firm has to determine optimal investment timing and optimal capacity choice at the same time under conditions of irreversible investment expenditures and uncertainty in future demand. Afte...

in order to improve the reliability of the power system, sufficient amount of new capacity should be installed in the network. usually generation units’ payoff in an energy market is not adequate to cover their expenses. therefore, energy only market cannot induce investors to invest in generation field. due to energy only market inefficiency, a supplementary algorithm is suggested to cover the...

This paper presents a novel approach to compute optimal machine, shop oor and shell space expansion times under uncertain customer demand. It considers multiple machine types and allows for positive lead times for each type. Demand is assumed to be nondecreasing in a \weak" sense. A polynomial time algorithm (FIFEX) is developed and shown to be eeective and eecient with an example from the Semi...

PURPOSE The aim of this paper is to investigate how waiting lists or queues could be reduced without adding more resources; and to describe what factors sustain reduced waiting-times. DESIGN/METHODOLOGY/APPROACH Cases were selected according to successful and sustained queue reduction. The approach in this study is action research. FINDINGS Accessibility improved as out-patient waiting list...