In this paper, the problem of ordering a series of production runs to meet a single make-to-order demand, where the various stages in the production process have binomial yields, is addressed. The use of additional procurement of part-®nished material or reworking defective material previously made to supplement yield at any stage is considered. The costs of this and manufacture, disposal of su...

Mutualisms generate surpluses. Although much of the theoretical literature to date has focused on mechanisms by which cooperation is stabilized so that these surpluses can continue to be produced and enjoyed, we address a second question: how will these surpluses be distributed among the participants? We approach this question from an evolutionary game theory perspective, exploring how the coev...

It is hypothesized that labor availability and related low levels of demand for women in agricultural work explain the high incidence of nuclear family formation in some Caribbean slave societies, as well as occasional high birth rates. Three paired comparisons, reflecting differing levels of labor supply, are examined: The Leewards and the Bahamas; Martinique and Barbados; and Cuba and Jamaica...

A microgrid is composed of distributed power generation systems (DGs), distributed energy storage devices (DSs), and loads. To maintain a specific frequency in the island mode as an important requirement, the control of DGs output and charge action of DGs are used in supply surplus conditions and load-shedding and discharge action of DGs are used in supply shortage conditions. Recently, multiag...

This paper uses data from the German Socio-economic Panel Study to examine the effect of psychological traits, in particular personality, on the formation and dissolution of marital and cohabiting relationships. Personality traits have substantial effects on propensities to marry and divorce. Changing patterns of selection into and out of domestic partnerships indicate that the determinants of ...

This Study seeks to scrutinize whether surplus free cash flow is correlated with earnings management, if auditor size moderates this relationship. To do so, modified Jones discretionary accrual model (1995) and audit firm size are used as audit quality indicator to measure earnings management. The research hypotheses are built upon a sample of 103 companies listed on the Tehran Stock Exchange d...

This paper investigates how the possibility of affecting group composition combined with repeated interaction impacts cooperation within groups and surplus distribution. We developed tested experimentally a Surplus Allocation Game where four agents is needed to produce surplus, but only two have power allocate it among members. Three matching procedures (corresponding three separate experimenta...

In this paper, a supervisory controller is proposed to manage the power flow in a hybrid AC/DC micro-grid for both grid-connected and disconnected modes. When the hybrid AC/DC micro-grid is connected to the utility grid, power surplus or shortage leads to power trade between the micro-grid and the utility grid. In the grid-disconnected mode, the renewable power sources (wind and solar generatio...

Microgrids (MGs) have become an integral part of smart grid initiatives for future power system networks. Networked microgrids consist several neighbouring connected in a low/medium distribution network. The primary objective network is to share surplus/shortage with achieve mutual cost-effective operation, utilising green energy from renewable resources the and increasing reliability customer ...