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Non-Profit-Maximizing Behavior in Supply Chain Management
Non-profit-maximizing behavior in supply chain management focuses on the human component in supply chain management. It develops behavioral models that consider individual and social preferences of supply chain members in order to improve our understanding of actual decision-making in supply chain management. The author challenges the common assumption of a selfish homo economicus and introduces the human component in three experimental studies: In the first study, he examines the effect of individual risk preferences in the Newsvendor context. In the second study, a common group identity to overcome incentive conflicts in forecast sharing is studied. The third study explores underlying cognitive processes in contractual decision-making. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain management.
Behavioral Supply Chain Contracting
Behavioral operations management is a new and growing research field incorporating behavioral aspects of decision making into operations management models, challenging the assumption of fully rational decision makers. Behavioral aspects include risk-aversion, mental accounting, reference points, or bounded rationality. In this book the author presents experimental and empirical studies that address behavioral decision making in the supply chain contracting context. First, different behavioral aspects are incorporated in the decision making process of a buyback and a revenue sharing contract. Second, an empirical decision maker is analyzed facing a service level contract. Potential readership includes scholars and graduate students who are interested in the field of behavioral operations management and practitioners looking for behavioral aspects of decision making in supply chain contracting context.
Order Expediting in Supply Chains
In the world of business management, most inventory models assume that open orders arrive after a lead time that cannot be controlled by the inventory manager. However, in many real world situations, inventory managers have the option to expedite open orders. Due to the lack of appropriate models, they often have to rely on sub-optimal heuristics to make expediting decisions. This book incorporates an expediting level policy in a periodic-review base-stock inventory model and shows how the optimal solution can be computed. The approaches can be implemented easily and are capable of solving large problems efficiently. While the book is mathematically rigorous, it presents important managerial insights gained from scenario analyses, using data from the service division of a global equipment manufacturer. (Series: Writings on Business Management Practice / Schriften zur betriebswirtschaftlichen Praxis - Vol. 7) [Subject: Business Management, Economics]
The Value of Supply Chain Visibility when Yield is Random
This book focuses on supply chains with uncertainty due to random yields. A common assumption in such systems is that the yields are observable only after all transportation or production steps are completed. The actual yield realization however happens earlier during the process. Technological advances and stronger supply chain collaboration make it possible to observe yield realization in real time and therefore close the time gap between the event and the observation. Within this thesis optimal and heuristic policies are developed that make use of this new type of information in various supply chain settings. These policies are used to identify conditions under which real time yield information is particularly beneficial. This book is relevant to both scholars and practitioners interested in managing supply chains with random yields.
Large-Scale Crew Scheduling
During the last decades, freight transportation experienced a worldwide boom. At the same time, competition increased considerably, such that efficient cost structures are indispensable for any market player. One of the main challenges a transportation company faces is the efficient employment of its personnel in operations, commonly referred to as crew scheduling. In this book the author presents solution approaches to large-scale crew scheduling. Firstly, the implementation of state-of-the-art operations research methods for a setting at a major European freight railway carrier is presented. Secondly, the author discusses acceleration techniques that make the developed algorithms applicable even in short-term contexts. While the analysis is based on European freight railway settings, the gained insights also apply to other (crew) scheduling contexts. Potential readership includes scholars and graduate students who are interested in the fields of crew scheduling and column generation as well as practitioners from transportation companies looking for new planning approaches.
Walks, Tracks and Trails of Queensland's Tropics
Queensland’s tropics provide numerous environments for enjoyable walking: lush rainforests, cloud-shrouded mountains, extinct volcanoes, savanna woodlands, and magnificent beaches on the coast and Great Barrier Reef islands. This book brings together more than 150 of the best walks, tracks or trails in Queensland’s tropics, located within the coastal strip between Rockhampton and Cooktown. Walks vary from short boardwalk strolls in the lowland rainforests of Daintree National Park to 4-6 day hiking and camping trips on Hinchinbrook Island. Other routes follow old gold miners’ and forestry tracks or coaching routes or feature historical sites, rivers, lagoons, geological and geographica...
The Sword in His Hand
“One is an opportunity. Two is a threat. Three is an invasion.” For hundreds of years, strange things have been washing up on the shores of Darcentaria. But when a young foreign woman named El is found unconscious on the beach amidst the burning wreckage of a strange metal craft, the villagers of Odessa are immediately suspicious—is she an agent of the Dalriadan Empire, their cruel oppressors for as long as they can remember? Or does she come from the Outside, the vast and legendary lands beyond their borders from which no man or woman alive has ever returned? Torsten Eiselher, a talented young swordsman, has spent the last nine years of his life wrongfully imprisoned by his uncle, the...
