Centrifugal pumps are widely used in cooling water systems to transport cooling water to its users. They are installed in the header line of the feed pipe, constituting a main pump network. The pressure head of the main pumps must be large enough to satisfy the pressure heads of all coolers. The...

Prior research suggests that consumers make trade-offs between two products by focusing more on alignable differences (i.e., the values of the options on the same attributes are different) than on nonalignable differences (i.e., the options have different attributes). The present research...

This paper investigates technology investment under flexible capacity strategy with demand uncertainty. Technology investment enables a firm to reduce its total production cost, while flexible capacity strategy aims to reduce a firm׳s production waste by postponing production until demand is...