We examine the optimal consumption and portfolio choice of an investor having an initial wealth endowment and an uncertain stream of income from non-traded assets. The income stream is not spanned by traded assets, and the investor is not allowed to borrow against future income, so the nancial market is incomplete. We solve the corresponding stochastic control problem numerically with the Marko...

Producing companies aspire to availability despite appearing disruptions. To ens availability safety stocksare required. Howeversaf additional capital commitment and compensates d of solving the reasons.The intention is to increa production by configuring the production plan systematically. Thus the safety stock can be red proportion of inventory in producing companies i inventory, schedule dev...

Tantangan yang dihadapi perusahaan di industri manufaktur saat ini adalah efektivitas biaya, lead time singkat, dan kualitas produk baik. Penelitian dilakukan atap metal memiliki banyak variasi bahan baku barang jadi. Perusahaan memproduksi sesuai pesanan kebutuhan pelanggan (job order). Penggunaan Metode Value Stream Mapping (VSM) dimulai dengan mengidentifikasi Stream, kemudian dilanjutkan pe...

This research was conducted in one of the shoe industries Indonesia, which has a problem with material buildup production storage. The can cause transfer system less efficient. aims to identify waste process using current state value stream mapping (VSM), recommend improvement strategies future VSM, and design more efficient system. First, we develop causal loop diagram because it map problem. ...