Profit maximization ≈ Profit maximization
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Energy Storage Arbitrage Under Day-Ahead and Real-Time Price Uncertainty Open
Electricity markets must match real-time supply and demand of electricity. With increasing penetration of renewable resources, it is important that this balancing is done effectively, considering the high uncertainty of wind and solar ener…
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Optimal energy management for industrial microgrids with high-penetration renewables Open
This paper presents a day-ahead optimal energy management strategy for economic operation of industrial microgrids with high-penetration renewables under both isolated and grid-connected operation modes. The approach is based on a regroupi…
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Competition and Entry in Agricultural Markets: Experimental Evidence from Kenya Open
African agricultural markets are characterized by low farmer revenues and high consumer food prices. Many have worried that this wedge is partially driven by imperfect competition among intermediaries. This paper provides experimental evid…
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Plant profit maximization improves predictions of European forest responses to drought Open
Summary Knowledge of how water stress impacts the carbon and water cycles is a key uncertainty in terrestrial biosphere models. We tested a new profit maximization model, where photosynthetic uptake of CO 2 is optimally traded against plan…
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Innovation vs. imitation and the evolution of productivity distributions Open
We develop a tractable dynamic model of productivity growth and technology spillovers that is consistent with the emergence of real world empirical productivity distributions. Firms can improve productivity by engaging in in-house R\\&D, o…
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Optimal Energy Storage Sizing for Networked Microgrids Considering Reliability and Resilience Open
In this paper, an optimal energy storage sizing method is proposed for networked microgrids (NMGs) considering reliability and resilience enhancement. A bi-level optimization model for energy storage sizing is developed. The upper-level mo…
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Conceptualizing businesses as social actors: A framework for understanding sustainability actions in small‐ and medium‐sized enterprises Open
Small‐ and medium‐sized enterprises (SMEs) can play a crucial role in advancing environmental and social well‐being. Yet various—often conflicting—explanations have been offered to clarify why SMEs pursue sustainability. Some arguments for…
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Green Production Planning and Control for the Textile Industry by Using Mathematical Programming and Industry 4.0 Techniques Open
The textile industry is one of the world’s major sources of industrial pollution, and related environmental issues are becoming an ever greater concern. This paper considers the environmental issues of carbon emissions, energy recycling, a…
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Security Threats, Countermeasures, and Challenges of Digital Supply Chains Open
The rapid growth of Information Communication Technologies (ICT) has impacted many fields. In this context, the supply chain has also quickly evolved toward the digital supply chain where digital and electronic technologies have been integ…
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PRODUCTION FUNCTION ESTIMATION WITH UNOBSERVED INPUT PRICE DISPERSION Open
We propose a method to consistently estimate production functions in the presence of input price dispersion when intermediate input quantities are not observed. We find that the traditional approach to dealing with unobserved input quantit…
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Towards Efficient Energy Management and Power Trading in a Residential Area via Integrating a Grid-Connected Microgrid Open
Demand side management (DSM) is one of the most challenging areas in smart grids, which provides multiple opportunities for residents to minimize electricity cost. In this work, we propose a DSM scheme for electricity expenses and peak to …
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Hybrid price and stock dependent inventory model for perishable goods with advance payment related discount facilities under preservation technology Open
The goal of this work is to demonstrate the optimal strategy of an inventory system for perishable goods with hybrid demand dependent on selling price and stock under the partial backlogging with a certain fixed ratio. In this system, the …
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Federated Learning Meets Contract Theory: Economic-Efficiency Framework for Electric Vehicle Networks Open
In this paper, we propose a novel energy-efficient framework for an electric
\nvehicle (EV) network using a contract theoretic-based economic model to
\nmaximize the profits of charging stations (CSs) and improve the social welfare
\nof th…
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Learning Resource Allocation and Pricing for Cloud Profit Maximization Open
Cloud computing has been widely adopted to support various computation services. A fundamental problem faced by cloud providers is how to efficiently allocate resources upon user requests and price the resource usage, in order to maximize …
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A Stackelberg Game Approach in an Integrated Inventory Model with Carbon-Emission and Setup Cost Reduction Open
This paper formulates an integrated inventory model that allows Stackelberg game policy for optimizing joint total cost of a vendor and buyer system. After receiving the lot, the buyer commences an inspection process to determine the defec…
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Profit maximization for viral marketing in Online Social Networks Open
Information can be disseminated widely and rapidly through Online Social Networks (OSNs) with "word-of-mouth" effects. Viral marketing is such a typical application in which new products or commercial activities are advertised by some seed…
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How Audit Quality Affects the Firm Performance with the Moderating Role of the Product Market Competition: Empirical Evidence from Pakistani Manufacturing Firms Open
Audit quality (AQ) is a crucial instrument for ensuring transparency and accountability in both the public and private sectors. If the AQ is responsible for the maximization or minimization of profit, then what are the circumstances that m…
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The Production Function for Housing: Evidence from France Open
We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output as a latent variable and relies on a first-order condition for profit maximization combined with a zero-profit condition.…
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Effects of Remanufacturable Product Design on Market Segmentation and the Environment Open
Despite documented benefits of remanufacturing, many manufacturers have yet to embrace the idea of tapping into remanufactured‐goods markets. In this article, we explore this dichotomy and analyze the effect of remanufacturable product des…
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Is there sustainable entrepreneurship in the wine industry? Exploring Sicilian wineries participating in the SOStain program Open
Global climate change and the accelerating depletion of natural resources have contributed to increase discussions about the role of private enterprises in reversing negative environmental trends. Rather than focusing on profit maximizatio…
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Profit Maximization for Cache-Enabled Vehicular Mobile Edge Computing Networks Open
In this paper, we investigate a multiuser cache-enabled vehicular mobile edge computing (MEC) network, where one edge server (ES) has some caching and computing capabilities to assist the task computing from the vehicular users. The introd…
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Profit Per Hour as a Target Process Control Parameter for Manufacturing Systems Enabled by Big Data Analytics and Industry 4.0 Infrastructure Open
The rise of Industry 4.0 and in particular Big Data analytics of production parameters offers exciting new ways for optimization. The majority of factories in process industries currently aim for example, either for output maximization, yi…
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Backhaul-Aware Optimization of UAV Base Station Location and Bandwidth Allocation for Profit Maximization Open
Unmanned Aerial Vehicle Base Stations (UAVBSs) are envisioned to be an\nintegral component of the next generation Wireless Communications Networks\n(WCNs) by dynamically moving the supply towards the demand. A significant\ndrawback of the …
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Watch and learn: optimizing from revealed preferences feedback Open
A Stackelberg game is played between a leader and a follower. The leader first chooses an action, then the follower plays his best response. The goal of the leader is to pick the action that will maximize his payoff given the follower's be…
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Enterprise financialization and technological innovation: Mechanism and heterogeneity Open
After the 2008 financial crisis, under the double effects of enterprise value maximization and the decline of real economy marginal profit, the relationship between enterprise financialization and technological innovation is worth explorin…
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Value-aware Recommendation based on Reinforcement Profit Maximization Open
Existing recommendation algorithms mostly focus on optimizing traditional recommendation measures, such as the accuracy of rating prediction in terms of RMSE or the quality of top-k recommendation lists in terms of precision, recall, MAP, …
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A Smart Production Process for the Optimum Energy Consumption with Maintenance Policy under a Supply Chain Management Open
In the current socio-economic situation, smart products are essential for daily life. Energy is a very much related matter to smart products. To buy a smart product, people mostly care about that smart product’s energy consumption and the …
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A conceptual framework for alternative farmers’ strategic choices: the case of French organic market gardening microfarms Open
International audience
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Inequality, poverty and the privatization of essential services: A ‘systems of provision’ study of water, energy and local buses in the UK Open
This paper is concerned with the distributional effects of the deregulation and privatization of essential services in Britain since the 1980s, based on a cross-sector study of water, energy and local bus transport. Our approach locates en…
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Factors affecting feed intake in cultured fish species: A review Open
Feed expense constitutes the bulk of the whole cost of production in any intensive aquaculture setup in Nigeria. Consequently, feed and feeding stratagems are of paramount interest for feed utilization as well as profit maximization. Howev…