Management Science and Operations Research

Tax compliance with uncertain income: a stochastic control model

This paper examines the compliance behaviour of a taxpayer endowed with a stochastic income, taking into account dynamical factors as public and private investments, within a stochastic control framework. Assuming logarithmic utilities and thanks to a suitable rewrite of the problem, we provide an existence and uniqueness result for the solution of the Hamilton–Jacobi–Bellman equation associated to the control problem, and we rely on a symbolic and numerical algorithm to study its solution.

Spare parts management for irregular demand items

Inventory optimization of high-value spare parts may generate a significant reduction of cost to allow a better allocation of resources in maintenance management. Sherbrooke’s METRIC (Multi Echelon Technique for Recoverable Item Control) is the most common method to define an overall optimization process adopting a system-approach. Its main assumption consists of adopting a Poisson distribution to describe the demand pattern of the items.

CLAIRE: A combinatorial visual analytics system for information retrieval evaluation

Information Retrieval (IR) develops complex systems, constituted of several components, which aim at returning and optimally ranking the most relevant documents in response to user queries. In this context, experimental evaluation plays a central role, since it allows for measuring IR systems effectiveness, increasing the understanding of their functioning, and better directing the efforts for improving them.

The impact of technical and economic disruptions in industrial symbiosis relationships: An enterprise input-output approach

Industrial symbiosis (IS) is recognized as an effective practice to support circular economy and sustainable development because it is able to enhance the technical efficiency of production processes, provided IS relationships among companies remain active over the long period. However, although it has been established that IS relationships can be vulnerable to disruptive events that reduce the willingness of companies to cooperate in IS synergies, to date few contributions to the literature focus attention on the events which lead firms to interrupt IS synergies.

Sustainable operations of industrial symbiosis: an enterprise input-output model integrated by agent-based simulation

Industrial symbiosis (IS) is a key for implementing circular economy. Through IS, wastes produced by one company are used as inputs by other companies. The operations of IS suffers from uncertainty barriers since wastes are not produced upon demand but emerge as secondary outputs. Such an uncertainty, triggered by waste supply-demand quantity mismatch, influences IS business dynamics. Accordingly, companies have difficulty to foresee potential costs and benefits of implementing IS.

Using a factored dual in augmented Lagrangian methods for semidefinite programming

In the context of augmented Lagrangian approaches for solving semidefinite programming problems, we investigate the possibility of eliminating the positive semidefinite constraint on the dual matrix by employing a factorization. Hints on how to deal with the resulting unconstrained maximization of the augmented Lagrangian are given. We further use the approximate maximum of the augmented Lagrangian with the aim of improving the convergence rate of alternating direction augmented Lagrangian frameworks. Numerical results are reported, showing the benefits of the approach.

Efficiency, effectiveness, and impacts assessment in the rail transport sector: A state-of-the-art critical analysis of current research

This paper aims at being a comprehensive reference for stakeholders, policy makers, and scholars interested in analyzing the problem of efficiency, effectiveness, and impacts of rail transport systems in a sound empirical way, paying specific attention to passenger transport services. The paper combines different analytical frameworks (engineering, economics, impacts), systematic review techniques, and advanced mappings. Framing economic efficiency studies into a transport planning perspective permits to move from efficiency to effectiveness issues.

Big data visualisation, geographic information systems and decision making in healthcare management

Purpose: The World Health Organisation estimates that 92 per cent of the world’s population does not have access to clean air. The World Bank in 2013 estimated that only air pollution (AP) was responsible for a $225bn cost in lost productivity. The purpose of this paper is to contribute to the current scholarly debate on the value of Big Data for effective healthcare management. Its focus on cardiovascular disease (CVD) in developing countries, a major cause of disability and premature death and a subject of increasing research in recent years, makes this research particularly valuable.

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