The Just-in-Time manufacturing philosophy appears to be the most effective remedy to reduce income disparities in countries where majority of people are young, energetic and looking for job to earn respectable living in the society. JIT manufacturing system is designed to split production...

Capacitated fixed-charge network design problems and generalizations, such as service network design problems, have a wide range of applications but are known to be very difficult to solve. Many exact and heuristic algorithms to solve these problems rely on column-and-row generation (CRG), which...

We consider an overlapping generations version of a model suggested by Fargione, Lehmann and Polasky that allows us to show, by means of simulations, that randomness of the rate of return on capital, combined with inheritance of capital and consumption being a concave function of wealth may lead...

Economic analysts usually look at the supply side, the evolution and distribution of GDP among sectors. However, the demand structure offers a lot of interesting information on the characteristics of an economy. The present paper analyses the relationship of growing income inequality and crisis...