The physical or engineering assets within modern industries have consistently been considered as the core elements of significant value that constitute the backbone for success and overall growth. Ensuring the optimal performance of an asset is a crucial a ...
We propose a model of a firm's reversible investment decision with macroeconomic conditions based on optimal switching of a diffusion regime. The switching costs and the cash flow generated from the firm depend on a business cycle alternating via a Markov ...
Synthetic fuels, or synfuels, can be produced from gas, coal and biomass. The conversion of gas and coal is well established but lignocellulosic biomass conversion is slow to develop. This paper addresses the issue of the production cost of second generati ...
Currently used methods for the description of thermodynamics of ferroelectric thin films (Landau theory or ab initio based Monte Carlo simulations) are based on an energy expansion in terms of internal degrees of freedom. It was shown that these methods ca ...
While traditional research in operations management has focused on mathematical models for improving the flow of physical goods and information, this dissertation takes a quantitative empirical approach. With three distinct research projects it revisits ce ...