The aim of this study is to present a new method to predict project time and cost under uncertainty. Assuming that what happens in projects implementation which is expressed in the form of Earned Value Management (EVM) indicators is primarily related to the nature of randomness or unreliability, in this study, by using Monte Carlo simulation, and assuming a specific distribution for the time an...

Cobb-Douglas Production Function was widely used in economics and productivity studies across many sectors. The function's quantitative modeling of resource inputs and production outputs is appealing to the research domain of construction management. In this thesis we explored this function's application in construction schedule crashing and project risk analysis related to duration of construc...

Although set-up costs are prevalent and substantial in natural resource extraction, their analysis in decentralized markets is difficult. In particular, it is known that a Walrasian competitive equilibrium cannot exist in simple extraction models with set-up costs thus rendering standard competitive equilibrium analysis inapplicable. However, this paper demonstrates that this result is sensitiv...

Cold storage devices such as tape and optical discs are a good solution for reducing the total cost of ownership for storing data. However, there is a drawback in that media and drives are separated, and placing media into drives when accessing data needs a few minutes of time. Though placing correlated data together in the same medium reduces media exchange, multidimensional searches disrupt i...

A common sales tactic is for a seller to encourage a potential customer to make her purchase decision quickly. We consider a market with sequential consumer search in which firms often encourage first-time visitors to buy immediately, either by making an “exploding offer” (which permits no return once the consumer leaves) or by offering a “buy-now discount” (which makes the price paid for immed...

Purchasing and supply leaders continually search for ways to improve the quality, delivery, and cost of production inputs. Their participation in these proactive supply chain activities can be a significant driver of purchasing and supply management’s use of information technology (IT). Using a transaction cost analysis perspective, we surveyed purchasing and supply professionals at the directo...

the purpose of this article is to evaluate the pivotal irrigated wheat project by cost-benefit analysis method in order to find the internal rate of return and the ratio of present value of net benefits to costs.to this end, we have estimated the economic surplus created due to shift in wheat supply , as result ofimplementation ofthe project and have calculated the above criteria. we found that...

this paper seeks to understand the role of the cost of pollution from vehicles fuel in feasibility of cng national plan. optimal control theory is used with two target functions, one with and another without the cost of pollution. model results indicate the high importance of pollution cost in the project feasibility, in such a way that without consideration of that the project will be infeasib...