Maritime transportation is the key element for global trade in the scope of cheaper, safer, and eco-friendly solutions. The capacity of a merchant vessel allows to carry vast number of cargoes with lower transportation costs. On the other hand, stakeholders aim to reduce fuel costs due to oil...

Numerical algorithms and mathematical methods are regularly used in the commodities and stock markets. However, this so-called quantitative trading has been thus far limited to the paper markets, such as futures, swaps, and options, and excluded a large majority of the physical market....

Effectively managing food supply chains is critical for ensuring food security and safety. Identifying and prioritizing the criteria affecting food supply chain performance is imperative to manage uncertainty and avoid undesirable consequences in Supply Chain Management (SCM). This study aims to...

Ever since the basic Economic Order Quantity (EOQ) model was introduced, several researchers and academicians extended and/or altered it, to reduce its unrealistic assumptions and make it more suitable and appropriate to the real world. The traditional EOQ Models assume constant demand and...

One of the most important challenges for decision-makers and investors is location selection, which may be assessed using multicriteria decision-making (MCDM) methodologies. Problems with picking a location include deciding between alternative locations, analyzing alternatives, and identifying...

High-risk companies have to deal with problems related to the environment, health, and safety (EHS) since the products of such companies create serious challenges to environmental safety. The presence of various similar and dissimilar risk factors in these companies complicates the known and...

The mining industry continues to play a significant role in developing the economy in developing countries. The need for minerals influences the magnitude of the mining industry, and safety concerns have taken on considerable importance in this sector. Equipment failure and breakdown will...