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Other Objectives (other + objective)

Distribution by Scientific Domains

Business, Economics, Finance and Accounting	50%

Selected Abstracts

Modeling and analysis of multiobjective lot splitting for N -product M -machine flowshop lines

NAVAL RESEARCH LOGISTICS: AN INTERNATIONAL JOURNAL, Issue 4 2010
Yossi Bukchin
Abstract Lot splitting is a new approach for improving productivity by dividing production lots into sublots. This approach enables accelerating production flow, reducing lead-time and increasing the utilization of organization resources. Most of the lot splitting models in the literature have addressed a single objective problem, usually the makespan or flowtime objectives. Simultaneous minimization of these two objectives has rarely been addressed in the literature despite of its high relevancy to most industrial environments. This work aims at solving a multiobjective lot splitting problem for multiple products in a flowshop environment. Tight mixed-integer linear programming (MILP) formulations for minimizing the makespan and flowtime are presented. Then, the MinMax solution, which takes both objectives into consideration, is defined and suggested as an alternative objective. By solving the MILP model, it was found that minimizing one objective results in an average loss of about 15% in the other objective. The MinMax solution, on the other hand, results in an average loss of 4.6% from the furthest objective and 2.5% from the closest objective. © 2010 Wiley Periodicals, Inc. Naval Research Logistics, 2010 [source]

Public attitudes towards the environmental impact of salmon aquaculture in Scotland

ENVIRONMENTAL POLICY AND GOVERNANCE, Issue 2 2006
David Whitmarsh
Abstract This paper reports the results of a survey of public attitudes towards aquaculture, using salmon farming in Scotland as a case study. The aims have been to identify the priority that people attach to the environmental performance of the salmon aquaculture industry, relative to other objectives, and to measure the economic benefits to society from salmon farmed using methods that cause less organic pollution. The results indicate that the public attach a relatively high importance to minimizing environmental damage from aquaculture, and this has its parallel in the finding that people are willing to pay a price premium for salmon produced in a more environmentally benign way. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [source]

Auditing your offshore outsource

JOURNAL OF CORPORATE ACCOUNTING & FINANCE, Issue 4 2007
Timothy Iijima
Offshore outsourcing has grown dramatically in recent years. But while offshore outsourcing can save money, management can't then afford to go off and focus on other objectives. Companies must painstakingly document the kind and quality of service they expect from any offshore provider. And then companies must constantly monitor what the outsource is doing. © 2007 Wiley Periodicals, Inc. [source]

Strategic bias, herding behaviour and economic forecasts

JOURNAL OF FORECASTING, Issue 1 2003
Jordi Pons-Novell
Abstract Professional forecasters can have other objectives as well as minimizing expected squared forecast errors. This paper studies whether the people or companies which make forecasts behave strategically with the aim of maximizing aspects such as publicity, salary or their prestige, or more generally to minimize some loss function; or whether, on the contrary, they make forecasts which resemble consensus forecasts (herding behaviour). This study also analyses whether, as forecasters gain more reputation and experience, they make more radical forecasts, that is, they deviate further from the consensus. For this the Livingston Survey is used, a panel of experts who make forecasts on the future evolution of the United States economy. Copyright © 2003 John Wiley & Sons, Ltd. [source]

Agency conflicts between board and manager

NONPROFIT MANAGEMENT & LEADERSHIP, Issue 2 2009
A discrete choice experiment in Flemish nonprofit schools
Detecting agency problems is an important task when assessing the effectiveness of a nonprofit organization's governance. A first step is to examine the objectives of principals and agents and determine whether there is a systematic difference between them. Using a discrete choice experiment, we identify the objectives of board chairpersons (principals) and headmasters (agents) of Flemish nonprofit schools. We find systematic differences between the two groups. Of the seven possible objectives set out in the experiment, six are relevant for both headmasters and board chairpersons. For four of these, the preferences of both groups differ significantly. Whereas ideological values play an important role for both the board and the headmaster, they are significantly more important for the board. Both parties dislike having a large number of pupils, and the disutility is larger for the board. With respect to job satisfaction and pupil satisfaction, we find the opposite: while the board is prepared to give up pupil and job satisfaction in favor of the other objectives, these two objectives score very high on the priority list of the headmasters. [source]

Evaluation of 16 loci to examine the cross-species utility of single nucleotide polymorphism arrays

ANIMAL GENETICS, Issue 2 2010
T. Sechi
Summary Large collections of single nucleotide polymorphisms (SNPs) have recently been identified from a number of livestock genomes. This raises the possibility that SNP arrays might be useful for analysis in related species for which few genetic markers are currently available. To address the likely success of such an approach, the aim of this study was to examine the threshold number and position of flanking mutations which act to prevent genotype calls being produced. Sequence diversity was measured across 16 loci containing SNPs known either to work successfully between species or fail between species. In pairwise comparisons between domestic and wild sheep, sequence divergence surrounding working SNP assays was significantly lower than that surrounding non-functional assays. In addition, the location of flanking mismatches tended to be closer to the target SNP in loci that failed to generate genotype calls across species. The magnitude of sequence divergence observed for both working and non-functional assays was compared with the divergence separating domestic sheep from European Mouflon, African Barbary, goat and cattle. The results suggest that the utility of SNP arrays for analysis of shared polymorphism will be restricted to closely related pairs of species. Analysis across more divergent species will, however, be successful for other objectives, such as the identification of the ancestral state of SNPs. [source]