Purpose: The aim of this paper is to provide the framework for management of reverse flow of materials in automotive industry. The emphasis is placed on the remanufacturing activities. Materials management in such conditions is a real challenge. The cause for this is parallel use of raw...

The interdependence of financial markets combined with their volatility make the multivariate GARCH model a suitable econometric framework for analysing their behaviour. However, the non-availability of analytical derivatives in a general context and the computational heaviness resulting from a...