Fuzzy expert model for order cost efficiency in capacitated two-echelon distribution chains
Thesis - 12 pages - Management
The supply chain researchers are commonly trying to optimize one or more decision variables under stochastic conditions. This paper considers a capacitated two-echelon divergent distribution chain facing stochastic demand and order cost fluctuations. The limited storage facility of the upper...
Supplier selection with social and environmental issues
Thesis - 10 pages - Management
Supplier selection is a multiple criteria decision making (MCDM) problem which is affected by several conventional conflicting factors such as quality, delivery, service and time. Recently government insists enterprises to take care of environmental regulation and social issues such as...
Growth optimal portfolio for the unobservable Markov-modulated markets
Thesis - 5 pages - Finance
The benchmark model introduced by Platen (2002) has not been well studied in literature for the case of incomplete information whereas the incompleteness of the information in financial modeling is usual in practice. Some of the factors that characterize the evolution of the market may be hidden....
A study of assembly line
Thesis - 3 pages - Management
Organization management is crucial to each type of organization because only through successful management of people, capital, information and materials, an organization can meet its goal. Operation management is a part of the production system. Production system is a collection of interrelated...
A review of evolutionary algorithms for multi objective multi product multi modal distribution problem with a possible new approach
Thesis - 12 pages - Logistics
Transportation industry is a fairly large industry in today's globalized world, and has significant effect too. Each and every big or small industry is bound to use the transportation facilities or logistics. The main problems in this logistics operation are optimizing the cost, time; distance...
An integrated coordination model for a supply chain dealing with short life-cycle products operating under stock dependent demand
Thesis - 5 pages - Management
The market demand of any product is generally influenced by quality, warranty, service, advertisement and sales promotion. Apart from these factors, the amount of stock displayed will also significantly influence the sales at retail level. Though, many inventory models have been developed based...
Cost- benefit analysis of stochastic models of A 2-out-of-3 redundant system with inspection
Thesis - 10 pages - Accounting
In this paper two stochastic models for a 2-out-of-3 redundant system are developed and cost-benefit analysis is carried out by using semi-Markov and regenerative processes. There are three identical units in each model and the system is considered in up-state if 2-out-of-3 units are functioning....
Stock option price modeling using system dynamics and operations research
Thesis - 12 pages - Finance
Options are instruments that give the holder the right, but not an obligation, to buy or sell an asset by a certain date for a certain price. Options can be bought or sold on a variety of assets like stocks, foreign currency, indexes, and futures. A call option gives the holder the right to buy...
A Petrinet model of a short life cycle product supply chain and deduction of its reachability matrix by simulation
Thesis - 5 pages - Management
This paper focuses on the concept of short life cycle supply chain of products where the selling time of the product is short and fixed. Based on an object events table and dynamical events occurring table a composite model of short life cycle product is created. This model is then represented by...
Multi-criteria selection of allied transportation firm: An application in plastic industry
Thesis - 12 pages - Management
Transportation is a critical process in supply chains which includes receiving raw material from suppliers and sending products to customers. Companies usually face the problem of selecting the proper transportation contractor to transfer their raw material and finished goods. However, this...
Time-cost trade-off in project networks through deterministic simulation
Thesis - 8 pages - Business strategy
Traditionally, the time-cost problem is addressed by CPM-based analytical approach that involves lot of computation work. The method assumes unlimited resources and the existence of a continuous time-cost function. However, given the discrete nature of most resources, activities can often be...
Application of ANN in non-life insurance industry
Thesis - 12 pages - Business strategy
Most of the Institutions are yet to use basic best practices for marketing spending and effectiveness for allocation of marketing resources. They traditionally allocate their marketing budget either based on historical allocation level or based on product level priorities. Marketing has come...
Leveraging procurement operations of supply chain management
Thesis - 9 pages - Management
Researchers and practitioners increasingly view that the operations and procurement functions as intimately linked and as playing imperative roles in Supply Chain Management. Ultimately the performance of the operations management system measured in terms of cost, quality, delivery and...
Determinants of the maintenance of ISO 9000 certification in Thailand: An empirical study
Thesis - 8 pages - Business strategy
Since 1993 to 2004, there have been 5,833 organizations in Thailand registered for ISO 9000 certificates. Of these, systematic random sampling is used to obtain 276 organizations as studied sample to investigate determinants of the maintenance of ISO 9000 certification. It is hypothesized that...
Integrating supply chain management and strategic management: The basis for analysis of the grain industry
Thesis - 6 pages - Management
The observed corporate changes in many supply chains in Australia suggest that instability rather than stability is a consistent pattern in corporate supply chain relationships. This observation should not be surprising given the dynamic impacts of competitive strategy and has been extensively...
Conceptualization and operationalization of process management from multiple theoretical lens (A hybrid approach)
Thesis - 8 pages - Management
We cast doubt on the adequacy of current conceptualization and operationalization of process management (PM) based on quality management (QM), particularly when PM is considered as comprising of only control and incremental improvement practices. Furthermore, the dimensionality of PM is hitherto,...
Decision support for knowledge intensive business processes
Essay - 5 pages - Management
Strategy development, new product introduction, marketing research, and financial budgeting, are a few examples of Knowledge Intensive Business Processes (KIBPs). These processes tend to be complex and time consuming, requiring collaboration and the sharing of expertise within specific work...
Empirical study on effect of quality management on competitive performance in manufacturing companies: International perspective
Thesis - 11 pages - Management
This paper presents results of an empirical analysis on quality management and its impact on competitive performance. These results have been derived from the third round survey conducted during 2003 and 2004 under the framework of High Performance Manufacturing Project. After presenting a simple...
System development service quality: Measurement development and validation
Essay - 12 pages - Management
In recent years, IS researchers have become increasingly interested in service quality of information system functions. However, one area that receives little attention is the service quality of the information system development process. The current study attempts to fill this gap by developing...
Group key management on tree-based braid groups
Tutorials/exercises - 10 pages - Management
The characteristic of mobile ad hoc networks (MANETs) build temporary dynamic network without any fixed infrastructure and limitation of power and computing capability present the challenge in secure communication. The existing key management protocols in wire network still do not suitable in...
Reasons for doing qualitative research into strategic decision-making process
Tutorials/exercises - 7 pages - Business strategy
Strategic decision-making process is a crucial part of strategy formulation and implementation. However, most inquiries into strategic decision-making process use quantitative methods. Even if there have been calls for more qualitative method for decision-making research, most researchers still...
Forecasting time series using neural network model: Application for Korean stock market
Thesis - 8 pages - Finance
This study examines the performance of forecasting model established by using neural network. The neural network model proposed in this study is implemented to forecast the stock price stream of Korean stock market. Factors for forecasting that influence Korean stock market are obtained by the...
A study on purchase intention of internet consumers using fuzzy ART (Adaptive Resonance Theory)
Tutorials/exercises - 7 pages - Logistics
The purpose of this paper is to analyze the purchase intention of consumers in the online bookstore. AIO (Activities, Interests and Opinions), a method of measuring consumers' lifestyle, and Factor Analysis are performed to understand consumers' propensity and to find out the main factors which...
An autonomous knowledge acquisition system toward the ubiquitous knowledge management
Tutorials/exercises - 13 pages - Management
Knowledge management (KM), which pursues dynamic knowledge creation and sharing within and among organizations, had been boomed since the end of the last century. However, because of some technical limitations as well as cultural barriers, the concept of KM has been getting buried alive,...
An empirical reflection on the needs for and consequences of operational and technical integration with ERP projects
Tutorials/exercises - 7 pages - Management
This research article is set against the background of Enterprise Resource Planning (ERP) as a solution to address operational and technical integration to support daily operations. It aims at characterizing ERP projects by their reasons for initiation in particular considering integration...
Study on the effects of the relationship between contingency variables and BSC system property variables on BSC system performance
Tutorials/exercises - 13 pages - Management
Compared to the functions provided by the BSC system, previous research studies on BSC system did not take into consideration the organizational environments or were unable to reflect its theoretical structure. In this study, the interaction between the relationship of contingency variables and...
An empirical study on the relationship between outsourcing determinant factors and outsourcing performance in Korea
Essay - 10 pages - Business strategy
The Outsourcing Industry has grown at a swift pace and evolved over time, and the Global IT Outsourcing market has shown signs of a steady growth. The domestic IT Outsourcing market is also no exception. The domestic IT Outsourcing industry is characterized by a bigger share of a captive market...
An exploratory study on consumer psychological contracts
Thesis - 4 pages - Management
The concept of the psychological contract is widely applied in organizational research. This article explores the consumer psychological contract in marketing context. Some situations are designed in a questionnaire and the data are analyzed. The findings show that whether the consumer...
A study on the complementary use of EC and CLD in developing win-win solution for traditional manufacturing dilemma
Essay - 5 pages - Management
In decision making processes, it is important to fully understand the problematic situation as well as providing a solution. In order to address and fully understand problematic situations, this paper suggests a complementary method that demonstrates how the Evaporating Cloud (EC) Diagram in the...
A model of contingent governance choice and performance in business process outsourcing: the effects of relational and process uncertainty
Tutorials/exercises - 12 pages - Business strategy
Business process outsourcing (BPO) is rapidly emerging as an imperative for competitive success in modern organizations. This study characterizes contractual coordination, or the mutual exchange of rights, and procedural coordination, or the relational norms and processes that facilitate mutual...
