The work desires: 1) to determine the optimum level of batch size in bottleneck facility; 2) to analyse the effect of common processes on throughput and cycle time in a multistage production system under machine breakdown and quality uncertainty. In this research, the authors developed...

Purpose – The main purposes of this paper are to enhance the understanding of commonality models in manufacturing resource planning by documenting the current state of affairs and to stimulate fruitful future research by identifying gaps between the relevant issues and the available academic...

In this paper, we quantify welfare costs of inflation for Pakistan for the period 1960-2007 using semi-log and double-log money demand functions. We find that the welfare gain of moving from positive inflation to zero inflation is approximately the same under both money demand specifications but...

This paper empirically examines the effect of foreign capital inflows on domestic price levels, monetary expansion, and the exchange rate volatility for Pakistan using linear and nonlinear causality tests. The key message emerging from the analysis is that there is a significant inflationary...

The link between public and private investment is investigated using annual data of the period from 1964–65 to 2004-05. The estimates based on structural cointegration approach indicate that both are cointegrated and public investment crowds in private investment. The study then used the...