Investment decision in integrated steel plants under uncertainty

The Effect Of Salvage Market On Strategic Technology Choice And Capacity Investment Decision Of Firm Under Demand Uncertainty

A queuing-location model for in multi-product supply chain with lead time under uncertainty

Supply chain network design (SCND) problem has recently been gaining attention because an integrated management of the supply chain (SC) can reduce the unexpected/undesirable events and can affect definitely the efficiency of all the chain. A critical component of the planning activities of a manufacturing firm is the efficient design of its SC. Hence, SCND affords a sensitive platform for effi...

Economic Appraisal of Investment Projects in Solar Energy under Uncertainty via Fuzzy Real Option Approach (Case Study: a 2-MW Photovoltaic Plant in South of Isfahan, Iran)

Investment in renewable energies especially solar energies is encountered with numerous uncertainties considering the increased dynamism in economic and financial conditions and makes investment in this field irreversible to a large extent, paying attention to modern methods of economic appraisal of such investments is highly important. A framework is provided in the current study in order to e...

Utilizing Decision Making Methods and Optimization Techniques to Develop a Model for International Facility Location Problem under Uncertainty

Abstract The purpose of this study is to consider an international facility location problem under uncertainty and present an integrated model for strategic and operational planning. The paper offers two methodologies for the location selection decision. First the extended VIKOR method for decision making problem with interval numbers is presented as a methodology for strategic evaluation of po...

Integrated Decision Optimization - Drive towards Improved Cost Competitiveness in a Steel Industry 4.0 Era

Over the past few years, global steel industry has been in deep crisis. It was largely driven by a combination of several factors such as declining demand, overcapacity, tumbling steel price, high volatility of raw material market, etc. Although the market condition is getting better now, some fundamental issues are not completely solved. “Be vigilant in peacetime” many companies have realized ...