The line-cell (or line-seru) conversion is an innovation of assembly system applied widely in the electronics industry. Its essence is tearing out an assembly line and adopting a mini-assembly unit, called seru (or Japanese style assembly cell). In this paper, we develop a multi-objective...

The line-cell conversion is established as a new production system towards converting traditional conveyor assembly line to a cell system, in which one (or multiple) worker carries out all of the operations of a job in a cell. Its performance improvement can be enhanced by reducing worker(s)...

Conventional finance models treat risky-asset prices as quot;fully (information) revealing.quot; Less work exists on how prices become information revealing. Our answer focuses on the micro foundations of information acquisition and the role of human capital in quot;asset management.quot; We...

To what extent can life protection account for observed diversities in age-specific life expectancies across individuals and over time? We provide answers via calibrated simulations of a life-cycle model where life's end is stochastic, and age-specific mortality hazards are ndogenous outcomes of...

Door-to-Door service of Pickup and Delivery of Customers to the Airport (D2PDCA) is a new service provided by certain Airline Ticket Sales Agencies (ATSAs) in China. This new service provides an attractive alternative way by picking up customer at this/her specified position and at any time...

This paper uses set theory to analyze cellular manufacturing systems. We develop a structural architecture to investigate the previous literature. We divide all research problems into three types — what, why, and how. We advocate studying these three types of problems from two managerial...