New start-up companies, which are considered to be a vital ingredient in a successful economy, have a different objective than established companies: They want to maximise their chance of long-term survival. We examine the implications for their operating decisions of this different criterion by...

Multiple depot inventory systems with stock transfer are used by many companies especially when demand is high relative to storage capacity. The key issues in such systems are how many of each item to hold at each depot and what to do if there is a demand for an item at a depot that has none of...

Under the background of climate change and man-made alterations to the environment, there has been an increase in the frequency of droughts and the range of their impact. Droughts may give rise to a series of resource, environmental and ecological effects, i.e., water shortage, water quality...