We consider the timing of replacement of obsolete subsystems within an extensive, complex infrastructure. Such replacement action, known as capital renewal, must balance uncertainty about future profitability against uncertainty about future renewal costs. Treating renewal investments as real...

In this paper we analyze the strong sales dip observed in the manufacturing industry at the end of 2008, following the bankruptcy of Lehman Brothers and the subsequent collapse of the financial world. We suggest that firms׳ desire to retain liquidity during these times prompted a reaction...

Although spatial concentration of logistics firms in logistics concentration areas can be beneficial for society at large, there is not much research on the relationship between land allocation policies and logistics concentration areas. This paper analyzes land allocation policies by means of a...

This article presents a method to identify "Absolute and Relative Employment Concentration (AREC) areas" for a particular industry. Two novel characteristics of the method are that it simultaneously analyses AREC, and that it combines spatial concentration per area with the spatial concentration...

While relationship learning has been addressed in marketing theory, it has not yet been explored as a possible dimension of the second-order construct of relationship quality (RQ). This construct has so far been mostly conceptualized to consist of trust and commitment, sometimes also...

This paper analyzes the relationship between freight accessibility and logistics employment in the US. It develops an accessibility measure relevant for logistics companies based on a gravity model. This allows for an analysis of the accessibility of US counties focusing on four different modes...

We consider an original equipment manufacturer (OEM) that outsources some of its production activities to a contract manufacturer that serves several customers on the same capacitated production line. The contract manufacturer is not willing to share all relevant information with the OEM, and...

The Netherlands Railways operates a double tracked intensively used network of railroads. To expand the transportation capacity, each year a number of infrastructure expansions are considered. The evaluation of these expansions is traditionally done by establishing a set of detailed timetables...