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This paper analyzes the optimal production decisions of a seed manufacturer confronted by the increased likelihood of extreme weather events that amplify the volatility of the yield in the seed production process. We model the process as a discrete-time stochastic dynamic optimization problem...
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We analyze the optimal production and inventory decisions of a global corn seed manufacturer. Due to naturally long supply lead times and short selling seasons in agriculture, we propose a newsvendor model, which includes not only supply and demand uncertainty, but also product returns and...
Persistent link: https://www.econbiz.de/10012962031
International Humanitarian Organizations (IHO) often implement relief and development programs simultaneously. With headquarters in Europe or USA and programs (operations) in developing countries, IHO are frequently decentralized. Moreover, IHO program delivery is funded by donors and funding is...
Persistent link: https://www.econbiz.de/10014173782
We study the impact of emissions tax and emissions cap-and-trade regulation on a firm's technology choice and capacity decisions. We show that emissions price uncertainty under cap-and-trade results in greater expected profit than a constant emissions price under an emissions tax, which...
Persistent link: https://www.econbiz.de/10014044535
We study incentive alignment to coordinate operations in humanitarian settings. Our research focuses on transportation, the second largest overhead cost to humanitarian organizations after personnel. Motivated by field research, we study the fleet size problem from a managerial perspective. In...
Persistent link: https://www.econbiz.de/10014044594
We study how the main business actor in the Inambari hydropower project in Peru (EGASUR) treats the biodiversity impacts of its planned operations. Selecting the choice of the Environmental Impact Assessment (EIA) as the crucial decision, we complement an analysis of expected business interests...
Persistent link: https://www.econbiz.de/10014044595