Optimizing maintenance service contracts through mechanism design theory

Mediated contracts and mechanism design

This note relates the mechanisms that are based on mediated contracts of Rahman and Obara (2010) to the mechanisms of Myerson (1982). It shows that the mechanisms in Myerson (1982) are more general in that they encompass the mechanisms based on mediated contracts. It establishes an equivalence between the two classes if mediated contracts are allowed to be stochastic.

Optimizing Revenue: Service Provisioning Systems with QoS Contracts

We consider the problem of how best to structure and control a distributed computer system containing many processors, subject to Quality of Service contracts. Services of different types are offered, with different charges for running jobs and penalties for failing to meet the QoS requirements. The aim is to choose the number of servers allocated to each service type, and the admission criteri...

Optimizing Assets through Reliability-centered Maintenance

Instructional design theory; a component at the service of instruction

Introduction: The entrepreneurship and self-employment status is an important factor in business growth, in the current situation and in the future due to the economic conditions. To motivate people, an effective education is required. The main goal of this article is identifying the effective methods that can lead people into entrepreneurship. Methods: This study is a descriptive study. ...

Optimizing Supply Chains through Service-Oriented Architecture

Supply chain is defined as a system of suppliers, producers, distributors, retailers and customers where material, financial and information flows connect participants in the directions. Most supply chains are composed of independent agents with individual preferences. It is expected that no single agent has the power to optimize the supply chain. Supply chain management is now seen as a govern...