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In a deterministic project network, all the activity times are fixed values and the path float can be found by computing the difference between the project duration and the path length. This is not possible in its stochastic counterpart, where the path lengths and the project duration change...
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This paper is concerned with setting a predetermined number of bid levels in a Dutch auction to maximize the auctioneer's expected revenue. As a departure from the traditional methods used by applied economists and game-theorists, a novel approach is taken in this study to tackle the problem by...
Persistent link: https://www.econbiz.de/10009275150
Moving freight by rail remains one of the major transportation modes in today's business world. Although railcars compare unfavorably with trucks and airplanes with respect to mobility, flexibility, and speed, the shipping costs are lower and the energy-efficiency is higher. In order to become...
Persistent link: https://www.econbiz.de/10005358537
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This chapter sets out to survey the traditional plane boarding strategies employed by major airlines in the commercial aviation industry. It then reviews the simulation-based and analytical approaches to getting passengers on an aircraft in the existing literature before zeroing in on the...
Persistent link: https://www.econbiz.de/10015367741