Body-rock or lift-off in flow

Conditions are investigated under which a body lying at rest or rocking on a solid horizontal surface can be removed from the surface by hydrodynamic forces or instead continues rocking. The investigation is motivated by recent observations on Martian dust movement as well as other small- and large-scale applications. The nonlinear theory of fluid-body interaction here has unsteady motion of an inviscid fluid interacting with a moving thin body. Various shapes of body are addressed together with a range of initial conditions. The relevant parameter space is found to be subtle as evolution and shape play substantial roles coupled with scaled mass and gravity effects. Lift-off of the body from the surface generally cannot occur without fluid flow but it can occur either immediately or within a finite time once the fluid flow starts up: parameters for this are found and comparisons are made with Martian observations.Comment: 28 pages, 9 figure

Contingent trade policy and economic efficiency

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market between one domestic and one foreign firm as a pricing game under incomplete information about production costs. The cost distributions are asymmetric because the foreign firm has to pay a trade cost. We show that the foreign firm prices more aggressively to overcome its cost disadvantage. The resulting possibility of an inefficient allocation justifies the use of contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the potential inefficiency. National governments, on the other hand, make excessive use of contingent trade policy due to rent shifting motives. The expected inefficiency of national policy is larger (smaller) for low (high) trade costs compared to the laissez-faire case. In general, there is no clear ranking between the laissez-faire outcome and a contingent national trade policy.

Contingent trade policy and economic efficiency.

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market between one domestic and one foreign firm as a pricing game under incomplete information about production costs. The cost distributions are asymmetric because the foreign firm has to pay a trade cost. We show that the foreign firm prices more aggressively to overcome its cost disadvantage. The resulting possibility of an inefficient allocation justifies the use of contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the potential inefficiency. National governments, on the other hand, make excessive use of contingent trade policy due to rent shifting motives. The expected inefficiency of national policy is larger (smaller) for low (high) trade costs compared to the laissez-faire case. In general, there is no clear ranking between the laissez-faire outcome and a contingent national trade policy.

Contingent Trade Policy and Economic Efficiency

This paper develops an efficiency theory of contingent trade policies. We model the competition for a domestic market between one domestic and one foreign firm as a pricing game under incomplete information about production costs. The cost distributions are asymmetric because the foreign firm has to pay a trade cost. We show that the foreign firm prices more aggressively to overcome its cost disadvantage. The resulting possibility of an inefficient allocation justifies the use of contingent trade policy on efficiency grounds. Contingent trade policy that seeks to maximize global welfare can avoid the potential inefficiency. National governments, on the other hand, make excessive use of contingent trade policy due to rent shifting motives. The expected inefficiency of national policy is larger (smaller) for low (high) trade costs compared to the laissez-faire case. In general, there is no clear ranking between the laissez-faire outcome and a contingent national trade policy.contingent trade policy, efficiency

Effects of Supply Chain Management for Food and Grocery Companies

Mass merchandisers’ entry into food retailing threatens traditional grocers’ market share. In response, traditional grocers and food manufacturers adopted Efficient Consumer Response (ECR) as an industry-wide set of supply chain management strategies that focused on cutting costs and improving product assortment, thereby improving inventory and financial performance levels. However, research findings and trade press reports question whether adopting supply chain management strategies will achieve these goals. The results of this analysis strongly support the proposition that the adoption of an ECR strategy pays off. However, the growth in profit does not appear to come from improved performance for traditional inventory measures. The driving force behind these improved financial measures can be attributed to the cash conversion cycle. Thus, the time spent in developing close relationships with buyers or suppliers and the investments in information technology have been justified. Size matters; ECR is more effective due to economies of scale and information technology. However, this may lead to more consolidations because all firms may not have sufficient capital to invest in ECR initiatives. In short, to remain competitive ECR strategies should strongly be considered by firms that are lagging in implementation.Efficient Consumer Response, supply chain management, inventory, cash conversion cycles, financial performance, grocery, food manufacturing, Financial Economics, Industrial Organization,

Life-cycle assessment of buildings: a Review

Life-Cycle Assessment (LCA) is one of various management tools for evaluating environmental concerns. This paper reviews LCA from a buildings perspective. It highlights the need for its use within the building sector, and the importance of LCA as a decision making support tool. It discusses LCA methodologies and applications within the building sector, reviewing some of the life-cycle studies applied to buildings or building materials and component combinations within the last fifteen years in Europe and the United States. It highlights the problems of a lack of an internationally comparable and agreed data inventory and assessment methodology which hinder the application of LCA within the building industry. It identifies key areas for future research as (i) the whole process of construction, (ii) the relative weighting of different environmental impacts and (iii) applications in developing countries