A queueing system resulting from a signalised intersection regulated by pre-timed control in an urban traffic network is considered in this paper. Subsequently, we analyse the manner in which Global Optimisation and Complementarity may be used to determine the optimal cycle length and green...

In this paper, we present a threshold proportional reinsurance strategy and we analyze the effect on some solvency measures: ruin probability and time of ruin. This dynamic reinsurance strategy assumes a retention level that is not constant and depends on the level of the surplus. In a model...

Cheng et al. (Top, <CitationRef CitationID="CR1">2010</CitationRef>. doi:<ExternalRef> <RefSource>10.1007/s11750-08-0062-3</RefSource> <RefTarget Address="10.1007/s11750-08-0062-3" TargetType="DOI"/> </ExternalRef>) consider the optimal ordering policy with trade credit under two different payment methods. Under Assumption (5) by Cheng et al., the annual total relevant cost TRC(T) is only defined on a finite interval. However, Cheng et al. treat the...</refsource></externalref></citationref>