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It's said that High-Speed Railways have the power to change the China's economy pattern, but to which extent it can serve depends on whether its pricing mechanism is reasonable. The passenger flow is a determinant to the development of HSRs. Which factors should be considered when pricing high-speed railways and which mechanism should be adopted can exert a direct impact on the economic profit and...
For many years, optimal decision of supply chain between a manufacturer and a retailer with clearance sale has been discussed. However, the combination of above topic and profit sharing has been substantially discussed. In this paper, we present an optimal inventory policy for a supply chain with return handling and profit sharing. We assume that the product is sold in three consecutive periods: the...
Game theory is a theory that study the rational decision-makers' decision-making behavior under the condition of strategic interaction between the parties. The traditional economic management theory focuses on the profit-maximizing of a single enterprise with the resource constraints, but the game theory play particular emphasis on market profit equalization that formed in modern competition. This...
The multidimensional knapsack problem (MKP) is a classified NP-hard optimization problem, which is a generalisation of the 0-1 simple knapsack problem (KP). It consists in selecting a subset of given items in such a way that the total profit of the selected items is maximized while a set of knapsack constraints are satisfied.The MKP is resource allocation model that is one of the most well-known integer...
Supply chain alliance as a new model of enterprises business cooperation, fair and reasonable mechanism of profit allocation is related to its success or failure. Based on the research at home and abroad, this paper applied fuzzy decision theory into improving traditional Shapley Value and introduced the parameter of integrated corrected factor to present the influences of risk and capital appreciation...
In order to analyze the online enterprises information security optimal management measures quantitatively, a information security decision model is constructed. Based on the online firms information security decision analysis, found that the information security measures investment is proportioned to firm online business scale, Lots of online small-and-medium-enterprises become huge threads to Internet...
The paper studies optimal decision-making of distribution channel comprised of one manufacturer and one retailer. The Retailer's marketing effort is divided into two types: one is a short-term effort based on the increase of short-term demand; the other is a long-term effort based on brand building. The manufacturer hopes that the retailer can make more long-term efforts, so he has to give the retailer...
Cournot oligarch competition model is the earliest model that has Nash balanced thought, policy-making question is studied when enterprises pursue maximization of profit in monopolistic market in this model. If enterprises' actions are not at the same time, the order is exogenously assigned, this model becomes famous Stacklberg oligarch competition model. This model is a typical complete information...
Consider a supply chain system consisting of one manufacturer and one retailer, in which the manufacturer provides one perishable product to the retailer with a wholesale price, and the retailer sales the product to consumers with a retail price, and the retailer provides partial returns policy for consumers. After knowing the retail price and the refund offered by the retailer, consumers according...
Financial institutions are affected by various risk factors. With the wide spreading subprime crisis, more and more people are paying attention to risk management. In order to enhance the mechanism, techniques and skills of risk management, this paper firstly describes the traditional models of risk management, then presents an integrated risk management model, which consists of three stages as risk...
This paper considers a supply chain system consisting of a single supplier and a single retailer and the market demand is price-sensitive. The optimal retail prices and the profits of the members in the supply chain under central control and decentralized game are studied respectively. Based on that, a mathematical description about the coordination mechanism design is presented. While the quantity...
Cognitive radio (CR) HotSpot is a typical example of commercialized dynamic spectrum access (DSA) in which a wireless service provider (WSP) provides CR end-users access to its local-area network. A WSP temporarily leases licensed channels from the primary licensees via spectrum auction, and subleases them to CR end-users or customers, each demanding a different amount of spectrum, according to its...
This paper studies a two-party supply chain in which a retailer orders a short-life-cycle product from a supplier. The supplier establishes a production plan using a market forecast and determines his wholesale price. And then the retailer decides the order quantities and sells the product to the customers and declares a quoted lead time L at the retail price p. When the selling period begins, demand...
The problem how the shipping proprietors stimulate their employees to reduce costs under asymmetric information is discussed on the basis of principal-agent theory. The shipping proprietors determine a contractual base according to their demand and how much the employees confirmed, and compare it with the actual cost so as to offer reward or penalty to the employees. Based on such contractual procedure,...
By describing the social responsibility in corporation and AHP, this paper demonstrated a mathematical model on the combination of the social responsibility and the economic benefits of the enterprises, which describes the important role that the social responsibility plays in the development of the corporation. The introduction of the AHP was introduced to introduce the development and advancement...
This electronic document is a "live" template. The paper studies the balance between benefits and risks, when such a generator sales electricity in many trade markets. Firstly, the uncertain risk faced by this generator selling electricity in spot market, contract market and option market will be measured with conditional value at risk (CVaR) theory. Secondly, the mean-CVaR sale portfolio...
This study aims to apply the grey statistic method to evaluate the optimal distribution for strategic resources in order to understand its role of performance in the maximum profitability of enterprise. It is in the hope to see the greatest profitability as a proof to the industry before decision making, under the premises of resources supply constrain, is made. The study surveyed with questionnaire...
A single period production decision model with one manufacturer who produces two substitutable products was considered in this paper. Facing random products demand, how to decide the production quantities for these two products to maximize the manufacturerpsilas profit when demand realized is of managerial interest. To the best of our knowledge, there is no good results on this problem because of...
Structural changes in the European natural gas market such as liberalization, increasing domestic demand, and increasing import dependency have triggered new attempts to model these markets accurately. In this paper, we propose an exhaustive model of the European natural gas supply including the possibility of strategic behaviour of the agents along the value-added chain. Using the fact that the most...
The proliferation of retail outlets with nearly identical product offerings and similar costs due to market efficiency means that selecting an appropriate market to open a store is a critical decision for a retailer. It is an investment decision that is usually long- term and partially irreversible and can have a significant impact on market share and profitability of a retailer. In this paper, we...
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