We study a class of two echelon, serial systems with identical ordering capacities or limits for both echelons. For the case where the lead time to the upstream echelon is one period, the optimality of state-dependent, modified echelon base-stock policies is proved using a decomposition approach. For the case where the upstream lead time is two periods, we introduce a new class of policies call...

the focal objective of this study is to analyze and explore the co-movement of pakistan stock market (kse-100) with the stock market of developed countries (us, uk, canada, australia, germany, japan, france and neither land) which have portfolio investment in pakistan by applying co-integration approach using johansen and juselius multivariate and bi variate co-integration. secondary data of st...

We use changes in competition and supervisory controls of bank mergers to analyze the impact of announcements of changes in financial laws on the stock prices of banks and non-financial firms. Covering nineteen industrialized countries for the period 1987 to 2004 we find that banks’ stock prices increase with enhanced competition control, whereas those of non-financial firms decrease. Bank stoc...

Levine and Zervos (1998) presented cross-country econometric evidence showing that, in a sample of 47 countries, stock market liquidity contributed a significant positive influence on GDP growth between 1976-93. We show that the Levine-Zervos results are not robust to alternative specifications because of the incomplete manner in which they control for outliers in their data. We show that when ...

In April 2007, FUJIFILM introduced ETERNA-RDI for digital intermediate. It is the first film stock in the world, designed specially for use in the digital intermediate workflow. ETERNA-RDI offers a significant improvement over conventional non-specific intermediate film stock, producing fine detail and accurate color from digital image data. New silver halide grain technology prevents spectral ...

HE MULTIPLIER MODEL of the money supply, originally developed by Brunner (1961) and Brunner and Meltzer (1964), has become the standard paradigm in macroeconomics and money and banking textbooks to explain how the policy actions of the Federal Reserve influence the money stock. It also has been used in empirical analyses of money stock control and the impact of monetary policy actions on other ...

We study the social structure of ownership German joint-stock firms covering period 1869 to 1945 based on a random sample attendance lists general meetings. confirm previous research findings smaller samples that despite several changes in economic and political environment, majority shares attendees meetings remained firmly hands few male mostly inside investors. Moreover, we closely investiga...

We describe the commercial application of agents to the handling of catalogue and stock-control for the selling of books on the internet. The primary characteristic of the target market is (very) low volumes over a (very) large number of items, thus agility and extremely low overheads are the essential factors for a viable business model. Being a new company (established 2004), without legacy s...

Controlling the plethora of fungal diseases common to our climate has always been an important part of growing grapes in New York and other Eastern regions. This has only become more important since I assumed the lead of Cornell’s grape pathology program in 1994. Major segments of the industry have shifted their focus to V. vinifera and interspecific hybrid varieties that typically are more dis...

STATEMENT OF PROBLEM Impressions are made using high-viscosity putty vinyl polysiloxane impression materials in conjunction with disposable plastic stock trays. The impression materials have been shown to be dimensionally stable. However, it remains unclear if the disposable plastic stock trays are rigid enough to resist deformation thus yielding potentially unreliable results. PURPOSE This s...