Vendor managed inventory is a continuous replenishment program that is designed to provide major cost saving benefits for both vendors and retailers. Previous research on this area mainly included single objective optimization models where the objective is to minimize the total supply chain costs or to maximize the total supply chain benefits. This paper presents a bi-objective mathematical mod...

Mechanical machining processes are common manufacturing strategies to re-shape materials to desired specification. The mechanistic approach has revealed the mechanics of the machining processes with various parameters determined. The aim of this work is to investigate the impact of swept angle optimization and their influence on the specific cutting energy in milling AISI 1045 steel alloy. This...

A characteristic of data envelopment analysis (DEA) is to allow individual decision making units (DMUs) to select the factor weights that are the most advantages for them in calculating their efficiency scores. This flexibility in selecting the weights, on the other hand, deters the comparison among DMUs on a common base. For dealing with this difficulty and assessing all the DMUs on the same s...

Several recent studies have used multivariate unobserved components models to identify the output gap and the NAIRU. A key assumption of these models is that one common cycle component, such as the output gap, drives the cyclical fluctuations in all variables included in the model. This paper also uses the multivariate approach to estimate the euro area output gap and the trends and cycles in o...

This paper integrates competitive pricing and network design problems for the short life cycle products. The pricing problem determines selling prices of the products for different life cycle phases in a competitive market, as well as acquisition management of returned products. Besides, the selling and acquisition prices are related to the distance between distribution centers and customers. T...

A characteristic of Data Envelopment Analysis (DEA) is to allow individual decision making units (DMUs) to select the factor weights which are the most advantageous for them in calculating their efficiency scores. This flexibility in selecting the weights, on the other hand, deters the comparison among DMUs on a common base. For dealing with this difficulty and assessing all the DMUs on the sam...

Material selection is one of the major problems in manufacturing environments since the improper selected material may lead to fail in the production processes and result in customer dissatisfaction and cost inefficiency. Every material has different properties which should be considered as major criteria during the material selection procedure. Selection criteria could be quantitative or quali...