"Manufacturing is in flower. After years of neglect, America's factories are taking on a fresh allure." This quote from Time (DeMott, 1984) also applies directly to the field of operations management, a field that was spawned in the factory and has only recently reentered the limelight as a...

The four dimensional space-time paradigm is cohesive and inclusive, and better identifies the major constraints on goods and/or services production. It is intended to analyze and synthesize both the similarities and differences among industries and companies positioned in matrix categories, and...

Project managers have many titles, depending on their industry, however; they all are required to manage goal achievement during one-time projects. An important necessity for achieving these goals is developing a timely, realistic, and useful master project plan (MPP) that incorporates the...

The research on lot sizing is extensive; however, no author in the literature reviewed to date provides an optimal solution algorithm to a prevalent problem which is found in manufacturing. A multi-level, general product-structure, variable-cost model is presented which follows the procedure of a...

Evidence shows that the economic assumption of efficient “free markets”—which underpins the “market versus state” debate—is questionable. Market efficiency is a significant foundation theory for neoliberal economists. Prove it wrong, and the neoliberals’ philosophy of market based...

Competitive market economies are a relatively new economic system, and while very productive, they are not self-sustaining, are unstable and require significant state support and regulation to function properly. Nevertheless, self-regulating market economies are superior to other...

The goal of this paper is to test if the promised U.S. electrical system high reliabilitystandards are being maintained, once states deregulate their electric utilities. This research is the first in the literature to combine states that offer retail choice, by deregulating their electric...

Economic theory states that “free market” competition naturally achieves lower prices—thereby increasing efficiency and benefiting society. This is the first paper in the literature to use means testing to statistically analyze electricity prices, from 1970-2011, for states that...

For the first time in the literature, the supply and demand model, with 2011-2014 data, is used to analyze the Texas Interconnection grid electricity market. The electric utility industry’s production function, fixed, variable and total cost (TC) curve represents the supply curve. The demand...

This paper is important because it explains how to create a grid-scale energy storage system (ESS) that makes, for the first time, wind and solar renewable energy—dispatchable, reliable and efficient. Existing and recent discoveries in battery technology are analyzed, with the most appropriate...