A Continuous Labour Supply Model in Microsimulation: A Life-Cycle Modelling Approach with Heterogeneity and Uncertainty Extension This paper advances a structural inter-temporal model of labour supply that is able to simulate the dynamics of labour supply in a continuous setting and to circumvent two main drawbacks of most of the existing models. The first limitation is the inability to incorpo...

Supply chain optimization for biomass-based power plants is an important research area due to greater emphasis on renewable power energy sources. This paper develops a robust quantile-based approach for stochastic optimization under uncertainty, which builds upon scenario analysis. We apply our approach to address the problem of analyzing competing biomass supply chains subject to stochastic de...

Informational challenges—absence, uncertainty, asymmetry—shape the working of markets and commerce in many developing countries. For developing country micro-enterprises, which form the bulk of all enterprises worldwide, these challenges shape the characteristics of their supply chains. They reduce the chances that business and trade will emerge. They keep supply chains localized and intermedia...

We solve a periodic supply vessel planning problem under demand and weather uncertainty, arising in offshore of oil gas production. Our study is motivated by the case Norwegian energy operator Equinor which supplied us with data. The aim to determine an optimal fleet composition least-cost schedule uncertain at installations conditions. present methodology incorporating metaheuristic within dis...

[email protected] Abstract: The planning of supply for fashion products, seasonal products and technologically innovative products presents certain similar challenges. These products are characterized by high demand uncertainty and require responsive supply chains to effectively match supply to demand. Further, for such products, it is useful to explicitly model how forecast uncertainty i...

Decision makers in a supply chain confront two main sources of uncertainty in market environment including uncertainty about customers purchasing behaviors and rival chains strategies. Focusing on competition between two supply chains, it is considered that each customer as an independent player selects products of these chains based on randomutilitymodel. Similar to quantal response equilibriu...

We develop a model of innovation that enables us to trace the interplay among three key dimensions of the innovation process: (i) demand of and (ii) supply for innovation, and (iii) technological capabilities available to generate innovation in the forms of products, processes, and services. Building on triple helix research, we use entropy statistics to elaborate an indicator of mutual informa...