The literature analysing efficiency of financial institutions has enveloped rapidly over the last years. Most studies have focused on the input side analysing input technical and cost efficiency. Only few studies have examined the output side evaluating output technical and revenue efficiency. We know that both sides are relevant when evaluating efficiency of financial institutions. Therefore t...

Traditional backpropagation neural networks training criterion is based on goodness-of-fit which is also the most popular criterion forecasting. How ever, in the context of financial time series forecasting, we are not only concerned at how good the forecasts fit their target. In order to increase the forecastability in terms of profit earning, we propose a profit based adjusted weight factor f...

The exergetic analysis is a tool that has been used successfully in many studies aiming a more rational energy consumption to reduce the cost of processes. With this analysis, it is possible to perform an evaluation of the overall process, locating and quantifying the degradation of exergy. This paper applies exergy approach for analyzing the heat exchanger network design and refrigeration of M...

The impact of financial challenges on the profit of a supply chain, have caused the researcher to model the supply chain network by considering the operational and financial dimensions. Also, the establishment of a closed loop supply chain (CLSC) network has a high effect on economic profit. So, the purpose of this study is to design a stochastic closed loop supply chain network by considering ...

Hitherto, instrumentation network design methodologies have been based solely upon sensor capital costs. Within this framework the cost of new instrumentation is minimized subject to constraints indicating the desired level of performance. While, these formulations account for the cost of a network, they do not reflect the potential benefit of adding sensors. To capture this potential profit, w...

The German hospital market has been subject over the past two decades to a variety of healthcare reforms. Particularly the introduction of diagnosis-related groups (DRGs) in 2004 aimed to increase efficiency of hospitals. The objective of the paper is to review recent studies comparing the efficiency of German public, private non-profit and private for-profit hospitals. The results of the studi...