In current electricity market, demand side buys power indirectly through electric utilities, and it makes the demand side inelastic to market's price volatility and significantly affects the efficiency of the market. To fix the problem, it is esse...
Bullwhip effect in Pricing (BP) refers to the amplified variability of prices in a supply chain. When the amplification takes place from the upstream (i.e. supplier’s side) towards the downstream (i.e. retail side) of a supply chain, this is refer...
Roadway systems in the United States have become huge assets that need massive resources to maintain and operate. To meet the long-term performance goal, government agencies developed pavement management systems (PMSs) to help them manage roadway ...
