A new theoretical model helps to evaluate the tradeoffs between running technical replicates in high-throughput experiments and sampling at more time points.

a new mathematical model for the optimal production isformulated for the inventory management system under time-varyingand stochastic inflation environment for deteriorating items. the timehorizon is finite and demand rate is dependent to the inflation. in thereal situation, some but not all customers will wait for backlogged itemsduring a shortage period, such as for fashionable commodities or...

  Uncertainty plays a major role in any project evaluation and management process. One of the trickiest parts of any production project work is its cost and time forecasting. Since in the initial phases of production projects uncertainty is at its highest level, a reliable method of project scheduling and cash flow generation is vital to help the managers reach successful implementation of the ...

age replacement policy is concerned with finding an optional time tominimize the cost, at which time the unit is replaced even if itdoes not fail. so far, age replacement policy involving random agehas been proposed. this paper will assume the age of the unit is anuncertain variable, and find the optimal time to replace the unit.

uncertainty plays a major role in any project evaluation and management process. one of the trickiest parts of any production project work is its cost and time forecasting. since in the initial phases of production projects uncertainty is at its highest level, a reliable method of project scheduling and cash flow generation is vital to help the managers reach successful implementation of the pr...