Posted on Mon 26 December 2016 in Tech • Tagged with pelican, python
The old webpage had started to look kind of dated. Since I didnt want to spend too much time mucking around with html/css, I ended up setting up a static blog type webpage with pelican using the Flex theme.
Some great instructions on getting it up and running is …
Posted on Wed 23 September 2015 in Innovation, NPD • Tagged with contests, tournaments
Consider a firm which has two employees. We assume that the employees can either work on routine projects and put in efforts \(E_{i}\) (\(i = 1,2\)), in which case, the firm obtains reward \(E_{1} + E_{2}\) from these routine projects, and the employees obtain wages \(wE_{i}\). Note …
Posted on Sun 04 January 2015 in Random Thoughts • Tagged with random thoughts
Suppose that the probability of acceptance at the best journal is \(p\) and at the 2nd best journal is \(\theta p\). Moreover, after a paper has been reviewed once, we have the chance to improve it and consequently increase the probability of acceptance. Let these 2nd chance probabilities be \(\lambda …
Posted on Wed 07 May 2014 in Core OM and supply chain • Tagged with newsvendor model, behavioral OM
How does a retailers order quantity change when his supplier sends products some of which are defective? To answer this question in a concrete context, consider the canonical newsvendor model - demand \(D\) is random and has cdf \(F\left( \cdot \right)\); cost per unit when the firm places orders is …