Managing the financial consequences of weather variability Abstract : Cool summers or warm winters affect sales of scores of products of all businesses operating in the 70% of activity sectors that are exposed to weather variability. The renewed interest in...
Optimizing an objective function under bivariate probability Abstract : The motivation of this paper is to obtain an analytical closed form of a quadratic objective function arising from a stochastic decision process with bivariate exponential probability distribution...
Abstract : We offer a shipper and a carrier the choice among three contracts in which to frame their relationship. Both can also take recourse in the transport spot market. Demand and price on the spot market are dependent exogenous stochastic processes. We model the...
Abstract : Reverse Logistics (RL) is a full member of a Supply Chain. As such, it must contribute by adding value to the latter. Moreover, firms are now supposed toprove they are citizens socially responsible for their acts and their consequences on the environment....
Abstract : We study the pricing problem between two firms when the manufacturer’s willingness to pay (wtp) for the supplier’s good is not known by the latter. We demonstrate that it is in the interest of the manufacturer to hide this information from the supplier. The...
