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In order to explain the reason of the high underpricing rate of IPO and to judge whether there exists IPO underpricing, combined with China's specific policy system, this paper classified the IPO first-day underpricing or discount and constructed a classifier by using the decision tree modeling under the multiple influence factors. The numbers listed in this article refer to the data of initial public...
Drawing on theresource-based view (RBV), this study explores the capabilities portfolio of logistics service providers (LSPs) and sustainable competitive advantage. Cement transportation, as a kind of logistics services are selected, and the research model are built to analyze the portfolio of transport capabilities. Results show that different service strategies produce different impact on capability...
Internet finance is not clearly defined by widely accepted. With the rapid development and mature of Internet finance, people's awareness and understanding of its connotation is gradually deepened. Internet finance is a combination of Internet and finance, which is using the Internet and mobile communications technology. Internet finance is a new financial model of joining the financing, payment and...
B2C e-commerce enterprises offer many the different kinds but the same variety items are often susceptible to periods of inventory mismatches where best-selling items may face shortages while poor-selling items have excess inventories. Because of capacity constraints, it is a problem that how to sell those poor-selling items quickly and purchase more best-selling items for maximize revenue. In the...
This paper based on the theory of reliability centered maintenance (RCM) techniques aimed to verify the analysis results obtained by GO-Bayes method. This paper addresses the problem of establishing Monte Carlo simulation model to simulate the braking system. Metro vehicle braking system has been selected as it is one of the most complex and high-technology systems among all devices of train vehicles...
The long time from contracting to the producing and the stochastic price fluctuation of raw material will cause the phenomenon that the production cost is uncertain when two firms sign the contract. The uncertain cost brings about new conflicts to the supply chain. We consider a supply chain, in which the manufacturer produces the products and the retailer orders products and sells them to the customers...
The financial data time series of a university contain important information of its resource allocation and developing trends, which can be revealed in their distinctive patterns. This work uses selective subsequence time series clustering based on motifs to discovery financial subsequence patterns in Chinese universities. The research finds out interesting patterns in eight university categories...
On the basis of analyzing customer's choice behavior, this paper constructs a utility function of port and obtains an equilibrium pricing strategy before and after competition and cooperation by applying Nash equilibrium. In addition, it also analyzes the impact of hinterland traffic condition on the competition and cooperation between ports. The analyzed results demonstrate that with the improvement...
China's ecommerce merchants now face fierce competition in fast delivery that brings difficulty in balancing the cost and customer satisfaction. This study aims to investigate Chinese consumers' cognition on delivery speed when shopping online. We tested the interaction between delivery speed and other variations by setting laboratory experiment. It is found that the delivery speed is not the most...
With globalization, commercial banks are facing increasingly strong competition, and their success now depends less on their hard power, but more on such soft powers as product ideas and moral orientation. Consequently, how to win customer with higher service quality, and to maintain and enlarge customer groups, becomes a central issue for them. By way of a customer questionnaire, this paper investigates...
The society today has entered a period during which crises happen frequently, their destruction escalates and their international inter action develops. Thus GCM (government-crisis-management) becomes an important and compelling task for all countries and all levels of government. For China, which is in its transitional period, the management of social crises will have a direct bearing on the image...
Currently, with the development of global services economy and service organizations, the applications of modularity have exceeded the popular utility of Western business organizational design in the 1990s. It is increasingly combined with the actual operation of the service enterprise. Mass customization has become one of widespread service production modes. As an important part of modern logistics...
Instead of hybrid recommendation, recommendation system research mainly focused on improving the traditional algorithm. So, this paper proposes the hybrid recommendation model of commodity based on parallel computing. This model improves the results of the recommendation through combining various ways that have existed in the main e-commerce websites. In this model, there is one big problem that the...
Generally, Almost university apartment ware allocated by different colleges and classes in random. And without considering between students of different living habits and difference in character. And this might cause contradiction and conflict between students in the same dorm, which can bring some bad effects to colleges and society. This paper considers that when we allocated the students' apartment...
Video website is one of the fast growing Internet industry in recent years. Although the network video industry maintains a steady market expansion, long-term loss issues of the major online video sites remain unresolved. In order to achieve economies of scale and relieve stress, merger and acquisition (M&A) events between the video sites occur frequently. Can video sites get rid of loss-making...
Through summarizing the previous research about railway passenger fares, this paper proposed a new idea of fare policy portfolio. Considering the various characteristics of fare policy, this paper combined the traditional fare policies to form a pricing policy portfolio, established some mathematic models and also proved the existence of equilibrium price. Combination of market segmentation, market...
According to the demands of monitoring method for animal transports, this paper proposes the use of a BP neural network based algorithm to monitor the animal transports, using the wireless sensor network to monitor the environment during transport to assure the animal welfare. The algorithm requires data collection on the transportation cage with respect to temperature, humidity, air pressure, vibration...
Based on the social exchange perspective, this paper explore the relationship between high-performance work systems and the employee job satisfaction, and analyze the mediation effect of organizational identification. Through more than 200 employees at different levels in the enterprise investigation and using hierarchical regression analysis to deal with the data, the results show that: (1) High-performance...
Within the ongoing fourth industrial revolution, smart manufacturing will plays critical role in national level for the growth of the national economy, but also firm level for the sustainable development of the manufacturing activities and the whole supply chain. This paper aims to explore the influences of smart manufacturing to supply chain management, and based on broad literature review this paper...
Container transportation is a significant guarantee to the realization of many international trades and playing a significant role in the transactions across borders. Empty container allocation and management relate to the degree of container utilization, the cost of empty container disposition expenses, adaptation for containers of goods sent in a timely manner and enterprise economic benefits. Through...
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