Operational Research in Business and Economics

1. Front Matter

   Pages i-xiii

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2. The Application of a Business Process Modeling Architecture in the Supply Chain of a Manufacturing Company: A Case Study

   • Nikolaos A. Panayiotou, Vasileios P. Stavrou, Sotiris P. Gayialis

   Pages 1-16

3. How Environmental Knowledge of Managers Plays a Critical Role in Implementing Green Supply Chain Management

   • Ioannis E. Nikolaou, Anastasios Zervas

   Pages 17-33

4. Retail Category Management: A Review on Assortment and Shelf-Space Planning Models

   • Marina Karampatsa, Evangelos Grigoroudis, Nikolaos F. Matsatsinis

   Pages 35-67

5. Cultural and Creative Industries Innovation Strategies for New Service Development Using MCDA

   • Fotis Kitsios, Eleni Champipi, Evangelos Grigoroudis

   Pages 69-84

6. Fostering a Competitive Differentiation Strategy for Sustainable Organizational Performance

   • Dimitrios Mitroulis, Fotis Kitsios

   Pages 85-112

7. Decision Aiding Process in the Frame of the Strategic Farm Management

   • Evangelia Krassadaki, Nikolaos F. Matsatsinis

   Pages 113-144

8. Exploring Population Drift on Consumer Credit Behavioral Scoring

   • Dimitris Nikolaidis, Michael Doumpos, Constantin Zopounidis

   Pages 145-165

9. Solving Portfolio Optimization Problems Using AMPL

   • Alexis Karakalidis, Angelo Sifaleras

   Pages 167-184

10. Approximating Throughput of Small Production Lines Using Genetic Programming

    • Konstantinos Boulas, Georgios Dounias, Chrissoleon Papadopoulos

    Pages 185-204

11. An Island Memetic Algorithm for Real World Vehicle Routing Problems

    • Ioannis Rogdakis, Magdalene Marinaki, Yannis Marinakis, Athanasios Migdalas

    Pages 205-223

12. Three-Dimensional Multiple-Bin-Size Bin Packing: A Case Study with a New MILP-Based Upper Bound

    • Mariem Baazaoui, Saïd Hanafi, Hichem Kamoun

    Pages 225-234

13. The Effects of Quality on Market Share and Profitability in Single Stage Make-to-Stock Production Systems

    • Dimitrios Konstantas, Stratos Ioannidis, Evangelos Grigoroudis, Vassilis S. Kouikoglou

    Pages 235-245

14. Two-Warehouse Inventory Systems for Seasonal Deteriorating Products with Permissible Delay in Payments

    • Iris-Pandora Krommyda, Konstantina Skouri, Ioannis Konstantaras, Ioannis Ganas

    Pages 247-269

15. Optimal Active Power Management in All Electric Ship Employing DC Grid Technology

    • Fotis D. Kanellos, John Prousalidis, George J. Tsekouras

    Pages 271-284

This book gathers a selection of refereed papers presented at the 4th International Symposium and 26th National Conference of the Hellenic Operational Research Society. It highlights recent scientific advances in operational research and management science (OR/MS), with a focus on linking OR/MS with other areas of quantitative methods in a multidisciplinary framework. Topics covered include areas such as business process modeling, supply chain management, organization performance and strategy planning, revenue management, financial applications, production planning, metaheuristics, logistics, inventory systems, and energy systems.

• Business analytics
• Business intelligence
• Decision support systems
• Operations research applications in energy
• Operations research applications in finance
• Optimization algorithms
• Quantitative methods in decision making

• Decision Support Systems Laboratory, Technical University of Crete, Chania, Greece

  Evangelos Grigoroudis

• Financial Engineering Laboratory, Technical University of Crete, Chania, Greece

  Michael Doumpos

Evangelos Grigoroudis is an Associate Professor of Management of Quality Processes at the School of Production Engineering and Management, Technical University of Crete, Greece. He pursued his postgraduate studies at the Technical University of Crete, where he received his Ph.D. degree in 1999. He has received distinctions from the Hellenic Operational Research Society, the Academy of Business and Administrative Sciences, the World Automation Congress, the Foundation of Ioannis and Vasileia Karayianni, the Technical University of Crete, and the State Scholarships Foundation of Greece. He has served as a reviewer for more than 50 scientific journals, and he is an associate editor of Operational Research: An International Journal; the International Journal of Decision Support Systems; Journal of Knowledge Economy; International Journal of Social Ecology and Sustainable Development; Journal of Innovation and Entrepreneurship; and Journal of Technology, Innovation and Education. Further, he is a member of the Editorial Board of the following journals: the International Journal of Information and Decision Sciences; International Journal of Information Systems in the Service Sector; and the International Journal of Multicriteria Decision Making. He is the author/editor of 10 books on the measurement of service quality; the business strategy and management, and the multicriteria decision aid approaches; as well as a significant number of research reports and papers in scientific journals and conference proceedings. 

Michael Doumpos is an Associate Professor of Operations Research at the School of Production Engineering and Management, Technical University of Crete, Greece. His research interests include multicriteria decision making, decision support systems, business intelligence, and financial risk management. He has published over 60 research papers in premier journals in operations research, management science, and finance. He has also authored and editedseveral books on intelligent decision support, multicriteria analysis, and financial decision making, and he has guest-edited more than 10 special issues in these areas for leading international journals. He has been involved in a number of research projects funded by public organizations and the private sector, regarding the implementation of decision support systems and data analysis techniques in several areas such as finance, banking, and shipping.

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