This monograph provides information to companies in the forest products industry about the process of implementing a Just-In-Time (JIT) management system, including JIT purchasing and JIT manufacturing. In addition, this monograph illustrates the impact of JIT on organizational accounting and productivity. Many authors have suggested that today's globally competitive marketplace...
River flooding is a recurrent threat and its control and management continues to be a challenge. It has been recognized that effective flooding control requires a real-time strategy that combines optimization with a physically-based simulation model. Current real-time frameworks that combine simulation and optimization have two main drawbacks. The first...
For decades, the management of the Dutch flatfish fishery has included a variety of measures including individual transferable quotas (ITQ) and the implementation of a co-management system without succeeding in recovering the fishery to sustainable levels partly because of the multispecies aspect of the fishery with the two main commercial...
Since 2006, French quotas are shared out into annual catch entitlements per producer organizations (PO) according a stable allocation key. On this basis, PO’s have imposed catch shares to their own members but allocation and management rules are heterogeneous between PO’s. The objective of the paper is i) to assess...
In multi-species fisheries managed under ITQs, the existence of joint production may lead to complex catch-quota balancing issues. Previous modelling and experimental research suggest that, in such fisheries, some fishers may benefit from the ability to trade packages of fishing quotas, rather than fulfill their quota needs by simultaneously bidding...
Individual fishing quota (IFQ) systems are typically expected to increase the profitability of a fishery and improve sustainability by ensuring catches remain within quotas. They can also have important distributional and ecological implications that result from shifts in catch and effort between different gears, regions, and habitats. In multispecies fisheries...
Individual transferable quotas (ITQs) have been used in several countries worldwide to regulate access to marine fisheries. While ITQs can improve the economic efficiency of fisheries, in practice their application rarely has the expected effects. In this study we compare the output predicted by an individual based model of quota...
The established of exclusive rights to fish is essential for tuna-Regional Fisheries Management Organizations to prevent overfishing, achieve sustainability, and to realize maximum economic benefits. Exclusive use or property rights may be based on catch, effort, or licenses, and similar systems can be used for bycatch. Unique issues arise compared...
The Icelandic ITQ system has been under development since the early 1980s. Rights were initially grandfathered. Rights have been priced and traded and put up as collateral against loans. Quota values have thus affected the balance sheet of Icelandic fishing firms in a fundamental way. The aim of this paper...
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system
introduced
in
1983,
along
with
effort
restric#ons
for
some
vessels
The Icelandic ITQ system has been under development since the early 1980s. Rights were initially grandfathered. Rights have been priced and traded and put up as collateral against loans. Quota values have thus affected the balance sheet of Icelandic fishing firms in a fundamental way. The aim of this paper...
Full Text:
then only exists in sporadic form.
Monthly prices of cod
In the Icelandic quota system cod plays a