A risk-averse irrigated corn producer would be better off choosing the more expensive subsurface drip irrigation (SDI) over center-pivot sprinkler (CPS), given limited aquifer life and swine effluent and urea fertilization. A stochastic optimization using EPIC data maximized expected utility of...

This article employs a mathematical programming model to solve the capacity planning problem of international direct dialling (IDD) services. Our study involves allocating forecasted IDD demand traffic to destination countries via partner suppliers at minimum cost. To facilitate its use, the...

With the increasing interest in decision support systems and the continuous advance of computer science, revenue management is a discipline which has received a great deal of interest in recent years. Although revenue management has seen many new applications throughout the years, the main focus...

Abstract This paper studies decision rules for accepting reservations for stays in a hotel based on deterministic and stochastic mathematical programming techniques. Booking control strategies are constructed that include ideas for nesting, booking limits and bid prices. We allow for multiple...

Rede, in verkorte vorm uitgesproken op vrijdag 20 september 2002 bij de aanvaarding van het ambt van bijzonder hoogleraar aan de Faculteit der Economische Wetenschappen, vanwege de Vereniging Trustfonds Erasmus Universiteit Rotterdam, met als leeropdracht Mathematische Besliskunde, in het...

Purpose – The purpose of this study is to examine the cost efficiency of 58 branches of a major Greek commercial bank, in six major Greek cities, for the years 2000 and 2001. Design/methodology/approach – The efficiency is measured through the data envelopment analysis (DEA) method. Using...

Purpose – The purpose of this study is to examine the operating efficiency of a set of 171 retail orientation bank branches of a large commercial bank in Greece, offering relatively homogenous products in a multimarket business environment. Design/methodology/approach – For the measurement...

In this paper we analyse the economic impact of alternative water management instruments that allow addressing the problem of non-renewable groundwater pumping in the aquifers of the Guadalentín Valley (southeast Spain). Their impact is assessed using a partial equilibrium mathematical...

Indexing structures are of fundamental importance to modeling languages for mathematical programming as a device for mathematical abstraction, and because they facilitate achieving conciseness, stability, and error-resistance. The aim of this article is to stimulate discussion of such...