Compared with mass production (MP), mass customization (MC) can cater to consumers' preferences better and seize market share, but it also leads to cost premium. Especially in the competitive market, companies should consider the MC capabilities of the rival company when making decisions. Based...

Combined heat and power (CHP) technology increases the flexibility of energy choices for enterprises. This paper focuses fuel mixing way to reduce carbon emission. In the real decision-making procedure, an enterprise takes reduction cost as the utility function, the accumulative emission as the...

The purpose of the present paper has been to test whether loss reserving models that rely on claim count data can produce better forecasts than the chain ladder model (which does not rely on counts); better in the sense of being subject to a lesser prediction error.The question at issue has been...

One of the key challenges for implementing RFID systems in supply chain management is the difficulty in economic justification. Such difficulty is further amplified by its public participation nature as multiple self-interest beneficiaries may receive diverse paybacks, and their incentives to...

Using data from the China part of the World Value Survey (WVS), this paper empirically studies the impact of air pollution on happiness, and further, the citizens' willingness to pay (WTP) for pollution prevention and its determinants. The result confirms that air pollution significantly worsens...