This study performs a comparative analysis of the 21 Greek Universities in terms of their public funding, awarded for covering their operating expenditure. First it introduces a DEA/MCDM model that allocates the fund into four expenditure factors in the most favorable way for each university. Then, it presents a common, consensual assessment model to reallocate the amounts, remaining in the sam...

the relationship between added value of economic activities and the governments budget along with the impact of this budget on the employment of economic activities are among the issues that economic decision-makers and analysts assume to be crucial. classification of statistical data has not yet allowed experts and decision-makers to evaluate the governments role in production and employment i...

This paper proposes a stochastic model for Operating Rooms (ORs) planning with two types of surgery demands: elective surgery and emergency surgery. Elective cases can be planned starting from an earliest date with a patient related cost depending on the surgery date. Emergency cases arrive randomly and have to be performed on the day of arrival. The planning problem consists of assigning elect...

The University of British Columbia Hospital program was designed to augment existing provincial capacity for hip and knee replacement. The patient-surgeon relationship was maintained throughout the entire care pathway and "ring-fenced" capacity (i.e., designated hospital ward bed and operating room capacity that is geographically remote from the emergency intake of patients) minimized the risk ...

This paper describes a stochastic model for Operating Room (OR) planning with two types of demand for surgery: elective surgery and emergency surgery. Elective cases can be planned ahead and have a patient-related cost depending on the surgery date. Emergency cases arrive randomly and have to be performed on the day of arrival. The planning problem consists in assigning elective cases to differ...

In energy-constrained settings, most real-time operating systems take the approach of minimizing the energy consumption while meeting all the task deadlines. However, it is possible that the available energy budget is not sufficient to meet all deadlines and some deadlines will inevitably have to be missed. In this paper, we present a framework through which the operating system can select jobs...

Indifference-zone-selection procedures have been widely studied and applied to determine the required sample sizes for selecting a good design from k alternatives. However, efficiency is still a key concern for application of simulation to ranking and selection problems. In this paper, we present a new approach that can further enhance the efficiency of indifferencezone-selection procedures. Ou...

The Loanable funds theory Hypotheses: Individuals care only about real variables (output gains or losses, purchasing-power gains or losses). The marginal productivity of capital assets (MPK) is given and determined by the technical characteristics of the productive assets. It represents the gain, in terms of output, obtained by increasing the capacity of production by one additional capital ass...

A large panel of German municipalities is employed in order to investigate the dynamic fiscal policy adjustment of local jurisdictions using a VEC model which explicitly takes account of the intertemporal budget constraint. The results confirm the central role of expenditure adjustment, nevertheless a substantial part of adjustment is due to changes in intergovernmental transfers, in particular...

We consider the optimal control problem of certain batch service queueing systems with compound Poisson arrivals and linear holding costs. The control problem involves the determination of the epochs at which the service is initiated as well as the sizes of the batches served. The service times are assumed to be independent and identically distributed, however, with a general distribution. A qu...