Capacity Reservation for Capital-intensive Technologies

Download Capacity Reservation for Capital-intensive Technologies PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642190065
Total Pages : 151 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Capacity Reservation for Capital-intensive Technologies by : Stefan Spinler

Download or read book Capacity Reservation for Capital-intensive Technologies written by Stefan Spinler and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguably the central problem in operations research and management science (OR/MS) addressed by e-Business is better coordination of supply and de mand, including price discovery and reduction of transactions costs of buyer seller interactions. In capital-intensive industries like chemicals and steel, the out-of-pocket costs of excess capacity and the opportunity costs of underuti lized capacity have been important factors driving the growth of exchanges for improving demand and supply coordination through e-Business platforms. Stefan Spinler addresses in his dissertation one of the most interesting aspects of this evolution for OR/MS, the parallel development of long-term and short-term markets for capacity and output, accompanied by a range of exotic options and forwards as the basic mechanisms supporting transac tions. This is a fascinating research topic because it builds on the powerful framework of real options, while connecting directly to key operations deci sions (capacity planning, staffing, maintenance, and so forth) of the plants and technologies whose output is the focus of contracts. From the perspec tive of practice, the use of these contracting mechanisms, as facilitated by a new breed of B2B exchanges, represents an opportunity for further improving supply chain performance and capital asset productivity.

Risk Management

Download Risk Management PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540269932
Total Pages : 842 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Risk Management by : Michael Frenkel

Download or read book Risk Management written by Michael Frenkel and published by Springer Science & Business Media. This book was released on 2005-12-06 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing with all aspects of risk management that have undergone significant innovation in recent years, this book aims at being a reference work in its field. Different to other books on the topic, it addresses the challenges and opportunities facing the different risk management types in banks, insurance companies, and the corporate sector. Due to the rising volatility in the financial markets as well as political and operational risks affecting the business sector in general, capital adequacy rules are equally important for non-financial companies. For the banking sector, the book emphasizes the modifications implied by the Basel II proposal. The volume has been written for academics as well as practitioners, in particular finance specialists. It is unique in bringing together such a wide array of experts and correspondingly offers a complete coverage of recent developments in risk management.

Relational Supply Contracts

Download Relational Supply Contracts PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642027911
Total Pages : 134 pages
Book Rating : 4.6/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Relational Supply Contracts by : Michaela Isabel Höhn

Download or read book Relational Supply Contracts written by Michaela Isabel Höhn and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply relations are often governed by so-called relational contracts. These are informal agreements sustained by the value of future cooperation. Although relational contracts persist in practice, research on these types of contract is only emerging in Operations and Supply Chain Management. This book studies a two-firm supply chain, where repeated transactions via well-established supply contracts and continued quality-improvement efforts are governed by a relational contract. We are able to characterize an optimal relational contract, i.e., to develop policies for supplier and buyer that structure investments in quality and flexibility in a way that no other self-enforcing contract generates higher expected joint surplus. A second goal is to compare the performance of different returns mechanisms in the context of relational contracting (quantity flexibility and buy-back contracts). Industry studies motivate the presented model.

Capacity Options for Revenue Management

Download Capacity Options for Revenue Management PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540344209
Total Pages : 208 pages
Book Rating : 4.5/5 (43 download)

DOWNLOAD NOW!


Book Synopsis Capacity Options for Revenue Management by : Rolf Hellermann

Download or read book Capacity Options for Revenue Management written by Rolf Hellermann and published by Springer Science & Business Media. This book was released on 2006-10-07 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes capacity options as a flexible alternative air cargo contract type, and illustrates how capacity can be priced through option contracts. The analysis is accomplished by means of an analytical multivariate optimization model under price and demand uncertainty. A case study using data from a leading German carrier illustrates the financial potential. Finally, the author shows how capacity-option contracts integrate into the context of air cargo revenue management.

Risk-Averse Capacity Control in Revenue Management

Download Risk-Averse Capacity Control in Revenue Management PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540730141
Total Pages : 173 pages
Book Rating : 4.5/5 (47 download)

DOWNLOAD NOW!


Book Synopsis Risk-Averse Capacity Control in Revenue Management by : Christiane Barz

Download or read book Risk-Averse Capacity Control in Revenue Management written by Christiane Barz and published by Springer Science & Business Media. This book was released on 2007-08-16 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book revises the well-known capacity control problem in revenue management from the perspective of a risk-averse decision-maker. Modelling an expected utility maximizing decision maker, the problem is formulated as a risk-sensitive Markov decision process. Special emphasis is put on the existence of structured optimal policies. Numerical examples illustrate the results.

Equity and Efficiency Considerations of Public Higher Education

Download Equity and Efficiency Considerations of Public Higher Education PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540285156
Total Pages : 127 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Equity and Efficiency Considerations of Public Higher Education by : Salvatore Barbaro

Download or read book Equity and Efficiency Considerations of Public Higher Education written by Salvatore Barbaro and published by Springer Science & Business Media. This book was released on 2005-12-16 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has become part of the conventional wisdom in the economics of education that subsidies to higher education have a regressive distributional effect. Given that relatively more children from wealthier families enroll in higher education, many economist assume that these subsidies to higher education have an unwanted distributional impact. This volume presents new empirical evidence for the cross-sectional point of view and provides an analytical framework for the longitudinal perspective. The present volume also analyzes the equity and efficiency effects of widely-discussed funding reforms and proposes a voluntary graduate tax.

Microeconometric Evaluation of Labour Market Policies

Download Microeconometric Evaluation of Labour Market Policies PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540287086
Total Pages : 266 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Microeconometric Evaluation of Labour Market Policies by : Marco Caliendo

Download or read book Microeconometric Evaluation of Labour Market Policies written by Marco Caliendo and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an overview of the microeconometric evaluation methods for evaluation of labour market and other public policies. This book focuses on the propensity score matching method and gives guidance for its implementation. It uses this method to evaluate the employment effects of job creation schemes on the participating individuals in Germany.

Index and Stability in Bimatrix Games

Download Index and Stability in Bimatrix Games PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540291024
Total Pages : 157 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Index and Stability in Bimatrix Games by : H. Arndt von Schemde

Download or read book Index and Stability in Bimatrix Games written by H. Arndt von Schemde and published by Springer Science & Business Media. This book was released on 2005-12-11 with total page 157 pages. Available in PDF, EPUB and Kindle. Book excerpt: The index of an equilibrium in a game gives information about the "stability" of the equilibrium, for example with respect to game dynamics. Unfortunately, index theory is often very technical. This book presents a new geometric construction that visualises the index in an intuitive way. For example, a 3A-n game, for any n, can be represented by a figure in the plane, from which one can read off any equilibrium, and its index as a geometric orientation. With this insight, the index can be characterised in strategic terms alone. Moreover, certain "hyperstable" equilibrium components are seen to have nonzero index. The construction gives an elementary proof that two-player games have a Nash equilibrium, and, in an unusual direction, the powerful fixed point theorem of Brouwer.

Kanban-Controlled Manufacturing Systems

Download Kanban-Controlled Manufacturing Systems PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540271465
Total Pages : 243 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Kanban-Controlled Manufacturing Systems by : Georg Krieg

Download or read book Kanban-Controlled Manufacturing Systems written by Georg Krieg and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: 5th Werner Kern Award for Productivity Research 2005 Kanban control systems bear a great potential to significantly improve operations. A company may reap the full benefits of kanban control only after determining an optimal or near-optimal system configuration. To do that, methods are needed to evaluate the performance and operating costs of individual system configurations. We propose an innovative construction-kit approach that enables us to build stochastic analytical models of a large class of single- and multi-product kanban systems. The presented construction-kit approach may be extended and augmented in various directions.

Economic Evolution and Equilibrium

Download Economic Evolution and Equilibrium PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540686649
Total Pages : 272 pages
Book Rating : 4.5/5 (46 download)

DOWNLOAD NOW!


Book Synopsis Economic Evolution and Equilibrium by : Marco Lehmann-Waffenschmidt

Download or read book Economic Evolution and Equilibrium written by Marco Lehmann-Waffenschmidt and published by Springer Science & Business Media. This book was released on 2007-06-10 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying mathematical methods, it is shown that equilibria can always be adapted in a piecewise gradual, non bang-bang way.

Lot-Sizing and Scheduling for Flexible Flow Lines

Download Lot-Sizing and Scheduling for Flexible Flow Lines PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 364217101X
Total Pages : 240 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Lot-Sizing and Scheduling for Flexible Flow Lines by : Daniel Quadt

Download or read book Lot-Sizing and Scheduling for Flexible Flow Lines written by Daniel Quadt and published by Springer Science & Business Media. This book was released on 2012-09-14 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book considers the lot-sizing and scheduling problem for flexible flow line production facilities. Flexible flow lines are flow lines with parallel machines on some or all production stages. They can be found in a vast number of industries. A three-phased solution approach is presented that solves the integrated lot-sizing and scheduling problem in a hierarchical manner. The approach is able to handle several important features relevant in industrial practice, such as back-orders and setup carry-over. The developed solution procedures solve practically sized problems in a relatively short amount of time. One of the procedures is based on a novel mixed integer programming (MIP) model, which employs integer variables instead of binary variables. This makes it possible to find (near-)optimal solutions using standard algorithms such as CPLEX. Another procedure uses two nested Genetic Algorithms. An application of the framework in the semiconductor industry is given.

Union Wage Bargaining and Economic Growth

Download Union Wage Bargaining and Economic Growth PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 364217017X
Total Pages : 200 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Union Wage Bargaining and Economic Growth by : Jörg Lingens

Download or read book Union Wage Bargaining and Economic Growth written by Jörg Lingens and published by Springer Science & Business Media. This book was released on 2012-09-03 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Writing a book is not possible without the generous input of many people. It is a pleasure to have the opportunity to thank at least some of these people. Prof. Dr. Jochen Michaelis, the supervisor of my dissertation, taught me how to do economic analysis and initiated my interest in labour market is sues. Discussions with him have always been enlightening and have greatly improved the analysis in this book. Moreover, he always encouraged me when I experienced a slump in my motivation. He never lost his calmness and good temper, not even in situations when my need for discussion must have been bothering him. Thanks for that Jochen. I'm indebted to Prof. Dr. Peter Weise for taking over the job as the sec ond referee of my thesis. He gave very valuable comments and sacrificed his christmas holiday to write the referee report as fast as possible. I also want to thank Prof. Stefan Voigt and Prof. Dr. Reinhold Kosfeld, the other two members of the dissertation committee, for the discussion during the defence of the thesis.

Nonlinear Dynamics and Heterogeneous Interacting Agents

Download Nonlinear Dynamics and Heterogeneous Interacting Agents PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540272968
Total Pages : 326 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Nonlinear Dynamics and Heterogeneous Interacting Agents by : Thomas Lux

Download or read book Nonlinear Dynamics and Heterogeneous Interacting Agents written by Thomas Lux and published by Springer Science & Business Media. This book was released on 2006-06-06 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic application of nonlinear dynamics, microscopic agent-based modelling, and the use of artificial intelligence techniques as learning devices of boundedly rational actors are among the most exciting interdisciplinary ventures of economic theory over the past decade. This volume provides us with a most fascinating series of examples on "complexity in action" exemplifying the scope and explanatory power of these innovative approaches.

Consumption Structure and Macroeconomics

Download Consumption Structure and Macroeconomics PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 354028513X
Total Pages : 161 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Consumption Structure and Macroeconomics by : Reto Foellmi

Download or read book Consumption Structure and Macroeconomics written by Reto Foellmi and published by Springer Science & Business Media. This book was released on 2006-03-30 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel perspective that allows to incorporate changing consumption and production structure into models of economic growth. Starting from the empirical observation that income and consumption structure are closely related, it develops a tractable theoretical framework which enables to analyze macroeconomic models consistent with these empirical facts. As a result, central macroeconomic phenomena are better understood: the reasons behind long-run growth, structural change, and the influence of inequality on innovations and growth.

Strategic Trading in Illiquid Markets

Download Strategic Trading in Illiquid Markets PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3540263152
Total Pages : 130 pages
Book Rating : 4.5/5 (42 download)

DOWNLOAD NOW!


Book Synopsis Strategic Trading in Illiquid Markets by : Burkart Mönch

Download or read book Strategic Trading in Illiquid Markets written by Burkart Mönch and published by Springer Science & Business Media. This book was released on 2006-01-13 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Area of Research and the Object of Investigation In this thesis we will investigate trading strategies in illiquid markets from a market microstructure perspective. Market microstructure is the academic term for the branch of financial economics that investigates trading and the organization of security markets, see, e. g. , Harris (2002). Historically, exchanges evolved as a location, where those interested in buy ing or selling securities could meet physically to transact. Thus, traditionally security trading was organized on exchange floors, where so-called dealers arranged all trades and provided liquidity by quoting prices at which they were willing buy or sell. Consequently, the initial surge of the market mi crostructure literature focused predominantly on this type of market design, which is often referred to as quote-driven. Nowadays, the interest is shifting towards order-driven markets. Beginning with the Toronto Stock Exchange in the mid 1970s and increasing in fre quency and scope, this market structure has emerged as the preeminent form of security trading worldwide. In order-driven markets, exchanges arrange trades by matching public orders, often by employing automatic execution systems. Introduction A major difference between a quote-driven and an order-driven market arises from the transparency pre- and post-trade. The pre-trade transparency con cerns the question whether the order book is visible to the keeper only, or whether it is open to the public.

Distribution Logistics

Download Distribution Logistics PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 364217020X
Total Pages : 286 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Distribution Logistics by : Bernhard Fleischmann

Download or read book Distribution Logistics written by Bernhard Fleischmann and published by Springer Science & Business Media. This book was released on 2012-08-29 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complexity of distribution systems is augmented by various trends: globalization of the manufacturing industry, rising customer demands, and the reverse flows within closed-loop systems. In this light, the need for ‘advanced’ planning methods that are based on quantitative optimization is constantly increasing. This book takes up the challenges posed by these developments. In doing so, it presents recent results and case studies from a group of researchers that regularly meet at the IWDL (International Workshop on Distribution Logistics). The text covers the design of distribution networks, vehicle routing, warehousing and reverse logistics. It also contains a comprehensive review of more than 60 case studies in reverse logistics.

Default Risk in Bond and Credit Derivatives Markets

Download Default Risk in Bond and Credit Derivatives Markets PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 3642170390
Total Pages : 143 pages
Book Rating : 4.6/5 (421 download)

DOWNLOAD NOW!


Book Synopsis Default Risk in Bond and Credit Derivatives Markets by : Christoph Benkert

Download or read book Default Risk in Bond and Credit Derivatives Markets written by Christoph Benkert and published by Springer Science & Business Media. This book was released on 2012-08-27 with total page 143 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the scarcity of reliable data, the existing literature on default risk still displays an imbalance between theoretical and empirical contributions. Consequently, the focus of this book is on empirical work. Within an intensity based modelling framework a broad range of promising specifications is tested using corporate bond data. The book provides one of the most comprehensive empirical studies in the field, from Kalman filtration of affine term structure models to the use of Efficient Method of Moments estimation of dynamic term structure models in a default risky context. Filling another gap in empirical research, the book devotes special attention to the identification factors that can explain credit default swap premia.