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Production planning problem with pricing under random yield: CVaR criterion
, Article Journal of Systems Science and Systems Engineering ; Vol. 23, issue. 3 , 2014 , p. 312-328 ; Eshghi, K ; Modarres Yazdi, M ; Bahramgiri, M ; Sharif University of Technology
Abstract
In this paper, we address a basic production planning problem with price dependent demand and stochastic yield of production. We use price and target quantity as decision variables to lower the risk of low yield. The value of risk control becomes more important especially for products with short life cycle. This is because, the profit implications of low yield might be unbearable in the short run. We apply Conditional Value at Risk (CVaR) to model the risk. CVaR measure is a coherent risk measure and thereby having nice conceptual and mathematical underpinnings. It is also widely used in practice. We consider the problem under general demand function and general distribution function of...
Iran in transition
, Article The Lancet ; Volume 393, Issue 10184 , 2019 , Pages 1984-2005 ; 01406736 (ISSN) ; Farzadfar, F ; Kelishadi, R ; Rashidian, A ; Rouhani, O. M ; Ahmadnia, S ; Ahmadvand, A ; Arabi, M ; Ardalan, A ; Arhami, M ; Azizi, M. H ; Bahadori, M ; Baumgartner, J ; Beheshtian, A ; Djalalinia, S ; Doshmangir, L ; Haghdoost, A. A ; Haghshenas, R ; Hosseinpoor, A. R ; Islami, F ; Kamangar, F ; Khalili, D ; Madani, K ; Masoumi Asl, H ; Mazyaki, A ; Mirchi, A ; Moradi, E ; Nayernouri, T ; Niemeier, D ; Houshang Omidvari, A ; Peykari, N ; Pishgar, F ; Qorbani, M ; Rahimi, K ; Rahimi Movaghar, A ; Ramezani Tehrani, F ; Rezaei, N ; Shahraz, S ; Takian, A ; Tootee, A ; Ezzati, M ; Jamshidi, H. R ; Larijani, B ; Majdzadeh, R ; Malekzadeh, R ; Sharif University of Technology
Lancet Publishing Group
2019
Abstract
Being the second-largest country in the Middle East, Iran has a long history of civilisation during which several dynasties have been overthrown and established and health-related structures have been reorganised. Iran has had the replacement of traditional practices with modern medical treatments, emergence of multiple pioneer scientists and physicians with great contributions to the advancement of science, environmental and ecological changes in addition to large-scale natural disasters, epidemics of multiple communicable diseases, and the shift towards non-communicable diseases in recent decades. Given the lessons learnt from political instabilities in the past centuries and the...