We consider the effect on profitability of using increasingly sophisticated regression-based methods of estimating and interpreting the parameters of the demand curve facing the neoclassical firm that newly enters an existing product market. Through simulation it is shown that in this particular...

An important aspect of management is the periodic performance appraisal (PA) of subordinates. This paper focuses on inferring the criteria employed and weights attached to them by an assessor in any PA process. Linear programming (LP) is proposed as an alternative to policy capturing (PC) as the...

Boronico [Boronico JS. An investigation into the costs and benefits of reliability of service. Omega 1998;26(1):99-114] considers the determination of ex ante service reliability in a price-taking, expected-profit-maximizing enterprise that must respect an expected-service-quality constraint in the...

We take advantage of the advance-scheduling property for elective surgeries by exploring whether the use of a daily quota system with a 1-week or 2-week scheduling window would improve the performance of a typical intensive care unit (ICU) that serves patients coming from a number of different...

In meeting its retail sales obligations, management of a local distribution company (LDC) must determine the extent to which it should rely on spot markets, forward contracts, and the increasingly popular long-term tolling agreements under which it pays a fee to reserve generator capacity. We...