The SharedPlans formalization of collaboration (Grosz and Kraus 1999) stipulates that collaborating agents must commit to certain decision-making processes, but it does not specify those processes. This paper presents a mechanism for group decision making that may be applied to the decisions that agents involved in a SharedPlan need to make: adopting the initial commitment, selecting a recipe, ...

The million-dollar question for stock investors is if the price of a stock will rise or not. The fluctuation of stock market is violent and there are many complicated financial indicators. Only people with extensive experience and knowledge can understand the meaning of the indicators, use them to make good prediction to get fortune. Most of other people can only rely on lucky to earn money fro...

Food processing industries experience growing logistical demands, growing variety in products and intense competition. As a reaction companies try to produce more on order. Often managers "nd it di$cult to decide which products to make to order and which products to stock. This paper develops a frame that is an aid for managers in balancing the factors and characteristics of market and producti...

The research into multi-product production/inventory control systems has mainly assumed one of the two strategies: Make-to-Order (MTO) or Make-to-Stock (MTS). In practice, however, many companies cater to an increasing variety of products with varying logistical demands (e.g. short due dates, specific products) and production characteristics (e.g. capacity usage, setup) to different market segm...

In this paper a demand time series is analysed to support Make-To-Stock (MTS) and Make-To-Order (MTO) production decisions. Using a purely MTS production strategy based on the given demand can lead to unnecessarily high inventory levels thus it is necessary to identify likely MTO episodes. This research proposes a novel outlier detection algorithm based on special density measures. We divide th...

Firms engaged in consumer product sales often implement a strict make-to-stock approach, applying a single price to all customers. In such systems, customers can get the product at the given price upon availability on the shelf. However, consumers can often tolerate a delay between order placement and demand satisfaction under a price discount. Recognizing this phenomenon, a supplier may consid...

JEAN-PHILIPPE GAYON1, FRANCIS DE VÉRICOURT2 and FIKRI KARAESMEN3,∗ 1Laboratoire G-SCOP, Grenoble INP, 46 avenue Félix Viallet, 38 031 Grenoble Cedex, France E-mail: [email protected] 2European School of Management and Technology, Schlossplatz 1, 10178 Berlin, Germany E-mail: [email protected] 3Department of Industrial Engineering, Koç University, 34450, Sariyer, Istanbul,...