We examine market making behavior of dealers for a sample of 55,988 corporate bonds, many of which trade infrequently. Dealers have a substantially higher propensity to offset trades within the same day rather than committing capital for longer periods, particularly for riskier and less actively traded bonds. Dealers’ holding periods do not decline with liquidity, and in fact are lowest for som...

Motivated to apply sustainable supply chain principles to air-pollution control systems, this paper presents a dynamic inventory-management approach where substitution is possible to maintain these systems’ equipment. An air-pollution control system’s subsequent reliability depends on the replacement equipment selected. The corresponding problem is formulated as a stochastic dynamic program. Be...

This paper proposes and evaluates a model of supply chains as networks of auctions. In this model, companies are represented according to the first level of the Supply Chain Council’s SCOR model and the trading strategy of the agents is adapted from a model proposed by Steiglitz and colleagues. Specifically, the highest level of SCOR treats a company as comprising three functions, namely Source...

today, the effective inventory management plays an important role in the success of the organizations in the new business environment. it is not clearly possible for the organizations that store hundreds of inventory items to economically design an inventory management policy for each inventory item separately. moreover, various inventory items may play quite different roles in the business of ...

9/9/01 Inventory Theory Inventory Theory.S1 Inventory Models This chapter will consider several model types. Supplement 2 describes deterministic models. Even though many features of an inventory system involve uncertainty of some kind, it is common to assume much simpler deterministic models for which solutions are found using calculus. Deterministic models also provide a base on which to inco...

Landslide susceptibility mapping has significantly progressed with improvements in machine learning techniques. However, the inventory/data imbalance (DI) problem remains one of challenges this domain. This exists as a good quality landslide inventory map, including complete record historical data, is difficult or expensive to collect. As such, can considerably affect one’s ability obtain suffi...

Introduction 1 Workload Characteristics of Internet Services 2 Web Applications 3 Streaming Applications 4 Taxonomy of Load-Balancing Strategies 4 Load Balancing in the Server, the Network, and the Client Sides 4 State-Blind versus State-Aware Load Balancing 5 Load Balancing at Different Network Layers 5 Server-Side Load Balancing 5 DNS-Based Load Balancing 5 Dispatcher-Based Load Balancing 7 S...