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...

Purpose: Define demand management concept and provide a guidance for the preconditions that need to be in place in order for a company to implement demand management process with its suppliers and customers. Design/methodology/approach: Uses the systematic literature review divided into three stages: planning the review, conducting the review, and reporting the review. Findings: This study clar...

Rolling out of bed, José checks his CommuterAlert traveler information system while his coffee brews. The regional commuter assistance program was offering the system through a local automobile dealer when José purchased the family's vehicle. CommuterAlert is predicting that his 10-mile commute on I-275, which normally takes 29 minutes, will now take 46 to 52 minutes. In his printer are identif...

We consider a smart grid with an independent system operator (ISO), and distributed aggregators who have energy storage and purchase energy from the ISO to serve its customers. All the entities in the system are foresighted: each aggregator seeks to minimize its own long-term payments for energy purchase and operational costs of energy storage by deciding how much energy to buy from the ISO, an...