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In this work, the problem of allocating a set of production lots to satisfy customer orders is considered. This research is of relevance to lot-to-order matching problems in semiconductor supply chain settings. We consider that lot-splitting is not allowed during the allocation process due to...
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A Pairwise Comparison Matrix (PCM) has been used to compute for relative priorities of elements and are integral components in widely applied decision making tools: the Analytic Hierarchy Process (AHP) and its generalized form, the Analytic Network Process (ANP). However, PCMs suffer from...
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Products that do not meet the specification criteria of an intended buyer represent a challenge to the producer in maximizing profits. To understand the value of the optimal process target (OPT) set at a profit-maximizing level, a model was developed by Shao et al. (1999) involving multiple...
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We consider bicriteria scheduling on identical parallel machines in a nontraditional context: jobs belong to two disjoint sets, and each set has a different criterion to be minimized. The jobs are all available at time zero and have to be scheduled (non-preemptively) on m parallel machines. The...
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Our study of 531 Initial Public Offerings (IPOs) on the two Chinese Stock Exchanges during the period 1999 to 2004 indicates initial returns to investors of approximately 114.04 per cent and these earnings were sustained through the first month of trading. High initial returns on IPOs are most...
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