Organizations are constantly looking for innovative strategies to face more stringent competitive environments and the ever increasing market globalization. An alternative these organizations can pursue to respond to these challenges is to optimize their supply chain network (SCN). Important considerations when optimizing a SCN involve determining locations for plants and...
Small business energy analysts often specialize in one aspect of the business. This specialized focus is done by necessity due to scarcity of resources and to maintain a proprietary market niche. However, this specialized focus results in a growth inhibitor due to their lack of ability to address all the...
Simulated Annealing and Threshold Accepting are two stochastic search algorithms that have been successfully used on a variety of complex and difficult problem sets. Due to their stochastic nature they are not guaranteed to produce the same result for each run. This means that these techniques actually produce a distribution...
Teamwork has become a popular operational strategy applied as part of workforce management plans in manufacturing and service industries. Teamwork has been commonly used in organizations to pursue different goals such as increase business operations agility, boost company productivity, improve quality in operations, increase company flexibility, promote collaborative learning, hasten...
Physical experimentation in various scientific and engineering areas continues to be a useful and often necessary approach that is applied in research, development, and for general problem solving. The experimental design process however, is iterative and often involves trial and error. Alternative designs are proposed and evaluated on cost and...
The use of fossil fuels and their related impact on the environment and global warming have encouraged societies to pursue more sustainable and renewable alternatives, e.g., forest-based bio-oil. Thus, a vital need to decrease the level of greenhouse gas emissions and the tendency of nations to reduce their dependency on...