The job shop scheduling problem (JSSP) has attracted much attention in the field of both information sciences and operations research. In terms of the objective function, most existing research has been focused on the makespan criterion (i.e., minimizing the overall completion time). However,...

This paper studies a newsvendor game in which two substitutable products are sold by two different retailers (newsvendors) with loss-averse preferences. Each loss-averse retailer facing stochastic customer demand and deterministic substitution rate will make an order quantity decision to...

In this paper, we focus on the relationship between operations-based variables (specifically, production speed, scrap rate and maintenance speed) and the manufacturing cost. These variables usually produce opposite influences on the variable cost and the fixed cost. For example, setting the...

This paper studies a job shop scheduling problem with two new objective functions based on the setup and synergy costs besides the traditional total weighted tardiness criterion. The background is found in the real-world situation of a commercial vehicle producer, where the reduction of...

Strong uncertainties is a key challenge for the application of scheduling algorithms in real-world production environments, since the optimized schedule at a time often turns to be deteriorated or even infeasible during its execution due to a large majority of unexpected events. This paper...

Many real-world networks exhibit community structure where vertices belong to one or more communities. Recent studies show that community structure plays an import role in epidemic spreading. In this paper, we investigate how the extent of overlap among communities affects epidemics. In order to...

In this paper, permutation flow shops with total flowtime minimization are considered. General flowtime computing (GFC) is presented to accelerate flowtime computation. A newly generated schedule is divided into an unchanged subsequence and a changed part. GFC computes total flowtime of a...

The main objective of this study is to compare the impacts of government payments and crop insurance policies on the use of futures and options measured from a downside risk hedge model with the impacts analyzed by the expected utility (EU) hedge model. Understanding the effects of...

This study investigates the effects of South American production (SAP) and futures volatility on the soybean price dynamics in terms of their effects on the basis. The results of the econometric model showed that both South American production and futures volatility of the nearby contract have...

In this paper, we reexamine the mutual fund flow-performance relationship and star effect using mutual funds in China that have unique features of high risk and low performance persistence. Confirming prior studies, we find that fund performance is positively related to flows in subsequent...