Nowadays, electricity is one of the most significant infrastructures required for economic development of countries. Hence, predicting electricity demand is very important especially in industry as a major electricity-consuming sector. The majority of studies under the subject of electricity demand have been performed by econometrics and it is not possible to investigate the effect of different...

We study collusive behaviour in experimental duopolies that compete in prices under dynamic demand conditions. In one treatment the demand grows at a constant rate. In the other treatment the demand declines at another constant rate. The rates are chosen so that the evolution of the demand in one case is just the reverse in time than the one for the other case. We use a box-design demand functi...

abstract in this study different proportions of nh4+ and no3- in the growth medium on plant growth were investigated in hydroponic greenhouse experiments. the objectives of these studies were to investigate if ammonium (nh4+) stress in cucumber, a species sensitive to nh4+ toxicity, can be alleviated by matching the nitrogen supply rate to the plant nitrogen demand. ammonium was applied at a re...

In the past few decade researches have developed their EOQ models under constant deterioration and constant demand. However, it is not true in actual practice. In this paper, we have established inventory model with exponential time-dependent demand and timedependent time-dependent deterioration. Shortages are allowed. The demand rate and unit production cost both are considered as proportional...

Advertising is very important for the newsboy problem because the shelf-life of the newsboy product is short and advertisingmay increase sales to avoid overstocking. In this paper, models to study the effect of advertising are developed for the distribution-free newsboy problem where only the mean and variance of the demand are known. As in Khouja and Robbins (2003), it is assumed that the mean...

Traditionally, optimal preventive maintenance strategies are derived under deterministic and constant rate demand. Using ‘‘option’’, a powerful financial derivative tool to tackle optimization problem under uncertain environment, this paper presents an analytical, option-based cost model for scheduling joint production and preventive maintenance when demand is uncertain. The manufacturing enter...

A major drawback of constant elasticity supply and demand systems, which are widely used in simulation models for applied policy analysis, is that they can’t be restricted to globally comply with certain conditions implied by economic theory. This paper compares constant elasticity systems to supply and demand systems derived from second order flexible functional forms (FFFs). Furthermore, supp...