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A risk-based availability estimation using Markov method
(
Emerald Group Publishing
, 2014 , Article)
Purpose: Asset intensive process industries are under immense pressure to achieve promised return on investments and production targets. This can be accomplished by ensuring the highest level of availability, reliability ...
Optimal Pricing and order quantity strategies for a firm offering multiple products facing customers cannibalization and random market demand
(
Qatar University
, 2010 , Article)
This paper studies a firm’s profitability problem offering its products into different market segments at differentiated prices. In order to improve the firms’ profitability the firm needs to decide the prices and order ...