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The Single-Period Inventory Model with Spectral Risk Measures
Inventory management and pricing decisions based on quantitative models both in industrial practice and academic works often rely on minimizing expected cost, which refers to the concept of risk-neutrality of the decision maker. Although many useful insights in operational problems can be obtained by such an approach, it is well understood that incorporating attitudes toward risk is an important lever for building new theories in other fields such as economics and finance. In this work spectral risk measures are applied to the price-setting newsvendor problem and optimal policies are derived. This allows to unify results obtained so far in the literature under the common concept of spectral risk measures for the case of zero and non-zero shortage penalty cost.
Single Period Inventory Control and Pricing
The price-setting newsvendor model is used to address the single period joint pricing and inventory control problem. The objective is to set the optimal price and replenishment quantity of a single product in order to maximize the expected profit. Products with a short selling season and relatively long replenishment lead times such as fashion goods are the most relevant application areas of the model. The focus of the work is the generalization of the model with respect to the modeling of uncertainty in demand. The author presents an analytical and empirical study which compares different demand models with a more flexible model based on price and inventory optimization. She concludes that using a general model can increase the profits significantly.
Studies in Functional Discourse Grammar
This book contains eight studies on Functional Discourse Grammar (FDG), with work by FDG's foremost proponents, who provide both an introduction to the theory and a glimpse of current research projects. FDG derives its name from taking the discourse act as the basic unit of linguistic analysis. Each such unit receives four parallel analyses displaying its interpersonal, representational, morphosyntactic and phonological characteristics respectively. What is striking about the emergence of FDG is that it enters into lively debate with various other contemporary frameworks that share its functionalist orientation. This facet of FDG is highlighted in this book, every chapter of which brings out the interconnectedness of current theoretical trends.
Management
MANAGEMENT: THE NEW WORKPLACE, 6e International Edition provides an engaging survey of modern management practice that seamlessly integrates classic and contemporary principles. Rather than concentrating on large global enterprises, the text focuses on dynamic small to mid-sized "local" businesses and entrepreneurial issues, giving students valuable real-world insights and practical skills they can readily apply when beginning or continuing their careers. To help students deepen their understanding and hone their skills, numerous skill-building and application exercises appear in every chapter. MANAGEMENT: THE NEW WORKPLACE, 6e International Edition also features a streamlined format and impressive ancillary package that make it affordable, flexible, well-suited to any course, and effective for students of diverse backgrounds and interests.
Cofactor Biosynthesis: A Mechanistic Perspective
The longest running serial published by Academic Press continues its well-respected run with Volume 61, a special volume in which a guest editor has come on board and has assembled some well-known contributors who are international authorities in the field. Together they tackle some of the latest topics in the field such as riboflavin and folate biosynthesis, biotin and lipoic acid biosynthesis, nicotinamide adenine dinucleotide biosynthesis, biosynthesis of vitamin B6 and structurally related derivatives, pantothenic acid and coenzyme A biosynthesis, mechanistic biosynthesis of protein-derived redox cofactors, ascorbic acid biosynthesis, biosynthesis of menaquinone and ubiquinone - Vitamin B12 biosynthesis, biosynthesis of the methanogenic cofactors, and thiamin biosynthesis.
Unternehmensleitbilder im Vergleich
Unternehmensleitbilder zählen zum Standardrepertoire moderner Unternehmensführung. Was aber kennzeichnet ein Unternehmensleitbild? Zu wissen, was ein Leitbild zum Leitbild macht, bedeutet auch, «richtig» bzw. «normal» von «falsch» bzw. «untypisch» oder «seltsam» unterscheiden zu können. Vor diesem Hintergrund sozial verfügbaren Wissens über Leitbilder werden die Dokumente erstellt, aber auch rezipiert und verstanden. Gestützt auf die Theorie der sozialen Repräsentationen und eingebettet in eine diskursanalytische Forschungsstrategie zielt diese Analyse von 84 Leitbildtexten des deutschen Sprachraumes auf die (Re-)Konstruktion der sozial geteilten Wissensbasis. Das daraus entwickelte «typische Unternehmensleitbild» ist ein Modell, das in dieser Form empirisch nicht vorkommt und dennoch typisch für die untersuchten Texte ist.
Anatomy Live
Gross anatomy, the study of anatomical structures that can be seen by unassisted vision, has long been a subject of fascination for artists. For most modern viewers, however, the anatomy lesson—the technically precise province of clinical surgeons and medical faculties—hardly seems the proper breeding ground for the hybrid workings of art and theory. We forget that, in its early stages, anatomy pursued the highly theatrical spirit of Renaissance science, as painters such as Rembrandt and Da Vinci and medical instructors like Fabricius of Aquapendente shared audiences devoted to the workings of the human body. Anatomy Live: Performance and the Operating Theatre, a remarkable consideration...
The Politics and Governance of Basic Education
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. All over the world, economic inclusion has risen to the top of the development discourse. A well-performing education system is central to achieving inclusive development - but the challenge of improving educational outcomes has proven to be unexpectedly difficult. Access to education has increased, but quality remains low, with weaknesses in governance comprising an important part of the explanation. The Politics and Governance of Basic Education explores the balance ...
Migration from the Middle East and North Africa to Europe
One of the most important challenges concerning the future of the European Union is the demographic reproduction of the European population. Decreasing birth-rates and the retirement of the baby boomers will dramatically reduce the labour force in the EU, which will entail not only a lack of manpower but also lower contributions to European social systems. It seems clear that the EU will have to counterbalance this population decrease by immigration in the coming years. Migration Between the Middle East, North Africa and Europe takes this challenge as a point of departure for analysing the MENA region, in particular Morocco, Egypt and Turkey, as a possible source of future migration to the European Union. At the same time, it illustrates the uncertainties implied in such calculations, especially at a time of radical political changes, such as those brought about by the Arab Uprising.
