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The Value of (Bounded) Memory in a Changing World

Monte, Daniel; Said, Maher - 2013

This paper explores the value of memory in decision making in dynamic environments. We examine the decision problem faced by an agent with bounded memory who receives a sequence of signals from a partially observable Markov decision process. We characterize environments in which the optimal...

Persistent link: https://www.econbiz.de/10015237432

A software for project management process

Banica, Logica; Rosca, Doina; Stefan, Cristian - 2009

Research Project Management Process, implies the allocation of important human and financial resources to guarantee fulfilling of the goal by respecting the pre-defined schedule, under the conditions of expected quality. Considering that, informatics is looking for solutions to support the teams...

Persistent link: https://www.econbiz.de/10015216870

SUPPLY CHAINS FACING ATYPICAL DEMAND: OPTIMAL OPERATIONAL POLICIES AND BENEFITS UNDER INFORMATION SHARING

Baruah, Pundarikaksha - 2006

typically incur higher holding costs, lower capacity utilization, and lower order fill-rates, particularly under long lead … designed inventory/manufacturing policies. We also believe that sharing of order forecasts, also known as soft-orders, in … programming model to optimally deicide on soft-order(s) and a final firm-order under a deposit scheme for initial soft-order …

Persistent link: https://www.econbiz.de/10015217492

Adaptive agents in the House of Quality

Fent, Thomas - 1999

Managing the information flow within a big organization is a challenging task. Moreover, in a distributed decision-making process conflicting objectives occur. In this paper, artificial adaptive agents are used to analyze this problem. The decision makers are implemented as Classifier Systems,...

Persistent link: https://www.econbiz.de/10015225351

The Effect of Salvage Market on Strategic Technology Choice and Capacity Investment Decision of Firm under Demand Uncertainty

Kashefi, Mohammad Ali - 2012

respect to established relationships among them have been examined in order to cover all the possible economically reasonable …

Persistent link: https://www.econbiz.de/10015231323

Supply chain configuration under information sharing

Kashefi, Mohammad Ali - 2012

the entrant in order to reap more profits in the market. The channel of information flows is only through the first …

Persistent link: https://www.econbiz.de/10015233938

On the convexity of the cost function for the (Q,R) inventory model

Halkos, George; Kevork, Ilias; Tziourtzioumis, Chris - 2014

unit backordered is used to calculate the expected annual shortage cost. Efficient procedures for finding the order … between convexity and cost parameters as their values determine when the minimum cost obtained from solving the first order …

Persistent link: https://www.econbiz.de/10015242315

Optimal inventory policies with an exact cost function under large demand uncertainty

Halkos, George; Kevork, Ilias; Tziourtzioumis, Chris - 2014

In this paper we investigate the minimization process of the exact cost function for a continuous review (Q,R) inventory model with non-negative reorder point and fixed lead-time. Backorders are allowed and the unit shortage cost is used to determine the expected annual shortage cost. Provided...

Persistent link: https://www.econbiz.de/10015245355

Decreasing negative the delivery risk influence on the recepient's firm value: Portfolio approach

Michalski, Grzegorz - 2008

delivery risk generated by the suppliers. The present article offers a method that uses portfolio management theory to chose …

Persistent link: https://www.econbiz.de/10015268886

Decizia, factor determinant în procesele manageriale și în activitatea de cercetare

Corbu, Ion - 2023

Prezenta lucrare abordează un segment al problematicii complexe cu privire la procesul de luare a deciziilor. Odată cu dezvoltarea tehnologiilor informațioanle s-au dezvoltat și implementat sistemele suport de decizie (DSS) care au devenit din ce în ce mai performante și au fost...

Persistent link: https://www.econbiz.de/10015270031