The interdependence between multiple lines of business has an important impact on determining loss reserves and risk capital, which are crucial for the solvency of a property and casualty (P&C) insurance company. In this work, we introduce the two-stage inference method using the Sarmanov family...

A key attribute of a remanufacturing strategy is the division of labor in the reverse channel, especially whether remanufacturing is performed in-house or outsourced. We investigate this decision for a retailer who accepts returns of a remanufacturable product. Our formulation considers the cost...

Environmental issues are a growing priority in supply chain management, which has heightened the interest in remanufacturing. A key attribute of a remanufacturing strategy is the division of labor in the reverse channel, especially whether the remanufacturing should be performed in-house or...

To use unicellular microalgae to remove waste nutrients from brewery wastewater while converting them into algal biomass has been explored but high-cost treatment and low-value biomass associated with current technologies have prevented this concept from further attempts. In this study, a...

This paper analyses and provides insights into the time buffer size of a capacity constrained resource (CCR) with multiple parallel processes in the context of the Theory of Constraints (TOC). We describe the CCR as a finite multi-server queue, where the appropriate capacity size (including the...

This study proposed a new concept of “co-processing” waste activated sludge with low organic content (WAS-LOC) with peroxysulfate and environmentally friendly nanoscale zero-valent iron (Fe0). Fe0, peroxysulfate, and the combination of peroxysulfate with Fe0(co-processing) were added to...

Small and medium enterprises (SMEs) play an important role in China¡¯s impressive economic growth and make substantial contribution to employment and outputs in last decades. Nevertheless, a lot of bottlenecks and obstacles appear for further growth of SMEs, especially with respect to...