In this paper, we initially conducted a brief review of supplier selection methods to find most cited multi-criteria decision making method, present trend of supplier selection and most cited criteria for supplier selection. Our study reveals that irrespective of several limitations of analytic...

The celebrated Black-Scholes model for valuing options uses a number of inputs - current stock price, risk-free interest rate, exercise price, time to maturity and volatility of returns. One critical input is the volatility of returns. Historical volatility is of little use as what is relevant...