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Showing 4 results for Revenue

Babak Shirazi,
Volume 28, Issue 4 (11-2017)
Abstract

Resource planning in large-scale construction projects has been a complicated management issue requiring mechanisms to facilitate decision making for managers. In the present study, a computer-aided simulation model is developed based on concurrent control of resources and revenue/expenditure. The proposed method responds to the demand of resource management and scheduling in shell material embankment activities regarding large-scale dam projects of Iran. The model develops a methodology for concurrent management of resources and revenue/expenditure estimation of dam's projects. This real-time control allows managers to simulate several scenarios and adopt the capability of complicated working policies. Results validation shows that the proposed model will assist project managers as a decision support tool in cost-efficient executive policymaking on resource configuration.
 
Shahla Zandi, Reza Samizadeh, Maryam Esmaeili,
Volume 33, Issue 4 (12-2022)
Abstract

A coalition loyalty program (CLP) is a business strategy employed by for-profit companies to increase or retain their customers. One of the operational challenges of these programs is how to choose the mechanism of coordination between business partners. This paper examines the role of revenue sharing contracts in the loyalty points supply chain of a CLP with stochastic advertising-dependent demand where the program operator (called the host) sells loyalty points to the partners of the program. The purpose of the study is to examine the effect of this coordination mechanism on the decisions and profits of the members of the chain using the Stackelberg game method and determine whether the presence of revenue sharing contracts benefits the chain members when the advertising is done by the host and when the advertising cost is shared between the host and its partners. The results show that when the host gives bonus points to end customers (advertising), revenue sharing contracts become a powerful incentive for the profitability of the host and its partners. The findings provide new insights into the management of CLPs, which can benefit business decision-makers.
Iffan Maflahah, Wila Wirvikananda, Hamzah Fansuri, Dian Farida Asfan, Raden Faridz,
Volume 35, Issue 3 (9-2024)
Abstract

Seablite salt (Suaeda maritima) was a unique product currently under development. Seablite is a low-sodium salt essential for modern society, particularly for those who prioritize their health. This investigation aims to employ a dynamic system approach to evaluate the revenue and profit generated by the salt production system. The dynamic systems approach steps: the construction of the causal loop diagram, the development of the stock-and-flow model, the parameterization of the model, the simulation to analyze the system's behavior under various conditions, the verification and validation, the development of policy recommendations, and the conclusion with a summary of the core findings. The model was developed using four submodels: (1) demand, (2) supply, (3) production cost, and (4) revenue. The moderate scenario demonstrates that the salt flow requirements can be satisfied by utilizing the dynamic system to protect the revenue and production costs. It was consistent with the escalating production expenses. According to the optimistic scenario, the salt demand can be satisfied until 2026. The company's revenue is insufficient to cover production costs due to the rise in raw material prices. Farmers begin to reap the rewards in this scenario. It's because the overall revenue exceeds the production costs.

Wahyu Kurniawan, Achmad Pratama Rifai , Nur Aini Masruroh,
Volume 37, Issue 1 (3-2026)
Abstract

Adaptive Simulated Annealing (ASA) and Adaptive Large Neighborhood Search (ALNS) are two metaheuristic algorithms widely applied to solve discrete optimization problems. This study employs both algorithms to address the Container Loading Problem (CLP), a critical challenge in the consolidation-based freight forwarding industry, where maximizing container utilization directly influences revenue and operational efficiency. The case company, a national freight forwarding enterprise operating consolidation services in Indonesia, currently achieves an average container utilization rate of 56.8%, indicating a substantial opportunity for improvement. By formulating the CLP as a discrete combinatorial optimization model, this research aims to enhance both container load utilization and revenue through algorithmic optimization. The novelty of this work lies in its comparative implementation of ASA and ALNS under adaptive parameter calibration, applied to a real-world freight forwarding context, which remains rarely explored in previous CLP studies. Experimental results show that ALNS consistently outperforms ASA in terms of both objective value and robustness across scenarios. Specifically, the ALNS method achieves 85.4% container utilization and an average revenue increase of 8.6% per container, demonstrating superior efficiency in freight consolidation optimization. Additionally, experiments conducted under equal iteration conditions further support that ALNS maintains higher stability and better solution consistency compared to ASA, particularly in terms of fitness and utilization efficiency across different iteration scenarios. Despite ALNS requiring longer computation time, it remains well within the acceptable time frame for freight forwarding operations, where up to 24 hours is available for shipment planning. These findings provide practical implications for logistics firms seeking to integrate metaheuristic-based decision support systems to improve capacity utilization, responsiveness, and profitability.


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