this paper is in search of designing the cellular manufacturing systems (cmss) under dynamic and flexible environment. cm is proper for small-to-medium lot production environment that helps the companies to produce variable kind of productions with at least scraps. the most important benefits of cm are decline in material handling, reduction in work-in-process, reduction in set-up time, increme...

In an equilibrium model of the labor market, workers and firms enter into dynamic contracts that can potentially last forever, but are subject to optimal terminations. Upon termination, the firm hires a new worker, and the worker who is terminated receives a termination contract from the firm and is then free to go back to the labor market to seek new employment opportunities and enter into new...

in the near future the use of distributed generation systems will play a big role in the production ofelectrical energy. one of the most common types of dg technologies , fuel cells , which can be connectedto the national grid by power electronic converters or work alone studies the dynamic behavior andstability of the power grid is of crucial importance. these studies need to know the exact mo...

This paper is in search of designing the cellular manufacturing systems (CMSs) under dynamic and flexible environment. CM is proper for small-to-medium lot production environment that helps the companies to produce variable kind of productions with at least scraps. The most important benefits of CM are decline in material handling, reduction in work-in-process, reduction in set-up time, increme...

I study asset prices in a two-agent production economy in which the worker has private information about her labor productivity. The shareholder offers an incentive compatible long-term labor contract, which partially insures the worker against labor income risk. I compare the model’s performance to settings with a competitive labor market, and with static labor contracts. My model successfully...

In this paper, we investigate the impact on aggregate regional utility as a result of both exogenous growth and endogenous growth in a spatial system. We will first analyze the case of two closed regions, followed by the case of two open regions. The main instrument used in our approach to study the changes in collective regional welfare is Dynamic Programming. The traditional exogenous Solow g...

This bulletin is based on research conducted by Professor Gavin Wood and Dr Melek Cigdem at the AHURI Research Centre—RMIT University, and Ms Deb Batterham and Professor Shelley Mallett at Hanover Welfare Services. The research examined, for the first time, the geography of homelessness in Australia and its relationship to potential structural drivers of homelessness (specifically housing and l...