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Supply chain management seeks to enhance competitive performance by closely integrating supplier, manufacturer and other channel agents. The supply chain agents' behavior features will be influenced by their attitudes on risk. In this paper, we consider the cooperation contract about a risk-neutral manufacturer as a core enterprise coordinating the downside-risk-averse supplier and retailer in a three-tier...
This paper analyzes the effect of number portability on the telecommunication market. The result shows that in a static setting, number portability will make the price, market share and the profit of the incumbent decrease while those of the entrant increase. In a dynamic setting, number portability will make both of the operators take competition strategies besides cutting prices, such as improving...
This paper analyzes the problem of quantity decision and production planning in a supply chain, which is composed of one manufacturer and one retailer to meet the random demand of short-life-cycle products. To study the coordination of two ordering strategy, an optimization function aiming at maximizing total expected profits is established. Then the model is analyzed by the use of the numerical method,...
Demand forecasting is the basis of business operation in a company and the forecasting accuracy has a great effect on safety inventory, profit and competitive power of the company. In this paper, a novel genetic algorithm (GA) and back propagation (BP) algorithm based fuzzy neural network (GABPFNN) model is proposed for demand forecasting, in which new kinds of fuzzy rule generating and matching algorithms...
The concept of recycling logistics system and its cost are defined here. By analyzing that recycling process can be put into the delivery cost to offset part of the forward and backward delivery cost, a new way of calculating and saving distributing/reclaim cost is proposed to bring more profit to manufacturers by recycling logistics. The model considers distributing cost from three aspects of arrangement...
The liberalization of the electricity sector has introduced competition at the generation level and gives incentives to new generating firms to attempt to enter the electricity market. However, due to the complexities related to the electrical energy trade, the newcomers should proceed only after careful decisions about their future plans and strategic actions. The following research shows that the...
Grid-connected photovoltaic (PV) power plants and distributed PV system installations are becoming a reality. The uptake of such technology is expected to accelerate during the next decade especially in regions such as Southern Europe due to the presence of high solar irradiance and the continuous pressure for the implementation of numerous renewable energy generation technologies. In the light of...
In this paper, it takes the existing experimental electric power transmission price mechanism to the large power consumers of China as basis, combining the operation status of power market of Yunnan province with the power consuming status of the high energy-consuming enterprises, and then establishes profit model of triple sides, including power plants, power network corporations and large power...
Most markets are restricted in their spatial size by transportation costs, physical barriers, institutional impediments and differing exchange conventions. Yet, if price differences across those boundaries substantially exceed the cost of surmounting the barriers, tremendous pressure arises to facilitate exchange. So too where electricity markets are defined by operating control areas for reliability...
To maximize the expected profit, the power suppliers may plan bidding strategy in different markets and in different periods. In the planning, the bidding risk is the key factor that the power suppliers must consider. The optimal bidding strategy model is put forward, in which the conditional value at risk (CVaR) is taken as the risk measurement and the object function, and the expected profit is...
Through incorporating option mechanism, quantity flexible strategy and quick respond strategy into perishable products' supply chain, this paper establishes the gamble models of retailer's initial order, option purchase and manufacturer production under two production and ordering modes. If manufacturer and retailer share products demand information, manufacturer can decide first period's proper production...
In this paper, we consider reverse supply chain and traditional supply chain synchronously, combining mass customization with recovering of old products. A custom-made production can be divided into two stages. The first stage is common parts production and the second stage is individual production. We make process as nonlinear bilevel programming problem by two cases: manufacturer callback and retailer...
In decentralized policy, lot sizing models with backlogging (LSP-B) tend to neglect the effects of market on production. In this paper, pricing is introduced into general LSP-B and by coordinating pricing and LSP-B, the rational price can be set such that the firm's profit is maximized. Demand is a deterministic function of price. It is primarily concerned that the same selling price on a product...
The paper carries on a thorough study about the quality economic rules of large-scale and complex military products. It first analyses the manifestations of the quality income and quality costs which affects the quality economy, in order to lay a foundation for further study. Then it analyses the quality inputs decision-making of the large-scale and complex military products from the aspect of economics...
In this paper, we first analyze the characteristics of online auction and propose a general analysis framework about the design of online auction. We believe that the auctions rules, the random arrival process of bidders, the auctions time, the lot size and the auctions costs need to be considered on Internet auctions. Based on the properties of online auction and a general analysis framework related...
In this paper, the impact of transformer tap-ratio control on the electricity market equilibrium in congested transmission networks is investigated. The analysis is performed using a primal-dual nonlinear interior point algorithm for determining the Nash Supply Function Equilibrium (SFE) of bid-based electricity markets, formulated using ac network model representation. Numerical results demonstrate...
In this paper, we present a framework to study promotion strategy for an on-line retailer by incorporating some new features in electronic commerce. For example, information asymmetry about products' prices doesn't exist across Internet users, due to easy access to price information and very low searching cost. Consumer's reneging behavior is also considered. Online consumers may wait for up to a...
This paper develops the model of advertising investment with game theory, studies the advertising investment strategy of two companies separately in duopoly, and gives theory support for doing investment in advertising of enterprise. With the persuading effects of advertisement, enterprise makes products different professedly through advertising activity in order to persuade consumers to spend more...
With the rapid development of E-commerce and network, many manufacturers redesign their distrution channel through adding E-market based on traditional channel.This paper develops the aggregate demand function under dual channel based on consumer utility theory, analyzes the pricing strategy and profit under different channel by using game theory, the result shows when the purchase cost from online...
Caching is a promising technique in mobile computing environment for improving the data retrieval performance. Due to cache size limitations, cache replacement algorithms are used to find a suitable subset of items for eviction from the cache. Cached items in a client are related to each other and therefore replacement of a data item which is highly associated may lead to series of misses during client's...
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