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In this paper, we propose a new framework for the organization of the electric power industry, based on extensive use of information technology (IT) and on interactive decision making, where consumers and distributed producers join the traditional actors, utilities in particular, in making decisions. While many ideas considered in this paper have been put forward in recent years, such as the need...
With the process of economic globalization accelerating, the cooperation among enterprises becomes closer than before. Joint managed inventory was adopted to lower production costs and get high profit. However it is the key and foundation to keep the whole supply chain efficient and orderly whether the profit allocation is reasonable. The strategy of JMI in the supply chain was studied. The methods...
In this paper, the optimization investment policy decision of an ERP II implementation has been analyzed under different information conditions. ERP II implementing options' decision-optimizing models were established. In these models, both clients and vendors try to pursue their own benefits. Based upon the principal-agent theory, the models show how a principal can force an agent to pursue his benefits...
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