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The railway crew scheduling problem consists of generating crew duties to operate trains at minimal cost, while meeting all work regulations and operational requirements. Typically, a railway operation uses tens of thousands of train movements (trips) and requires thousands of crew members to be...
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We compare how freshmen business students, graduate business students and experienced procurement managers perform on a simple inventory ordering task. We find that, qualitatively, managers exhibit ordering behavior similar to students, including biased ordering towards average demand....
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We consider a random yield inventory system, where a company has access to real time information about the actual yield realizations. To contribute to a better understanding of the value of this information, we develop a mathematical model of the inventory system and derive structural...
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The European Research Center for Information Systems (ERCIS) was founded on October, 12th 2004. This Working Paper was written with respect to the establishment of ERCIS. Jörg Becker, Managing Director of the ERCIS, writes about fundamental issues of ERCIS. Furthermore all Founding Members...
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