To minimize the inventory costs of detecting demand change, an acceptance/rejection method ( threshold) is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage ...To minimize the inventory costs of detecting demand change, an acceptance/rejection method ( threshold) is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage cost, the transitional probability of the demand change, and the magnitude of the demand change. Compared with the single exponential smoothing method, it is proved that the proposed method can save many more inventory costs when detecting a step change in demand. By analyzing the proposed method, it shows that as the magnitude of step change increases, the supply chain members turn to synchronously judge a step change, and as excess ( shortage) cost increases, a newsvendor tends to respond slowly (early) to an increase in demand and responds early (slowly) to a decrease in demand. Observations from this study suggest that supply chain members should pay careful attention to different profit-margin products and different magnitude demand changes in cooperating and sharing demand information with others.展开更多
This paper reports the effects of using an "odd and even" traffic restriction policy in Beijing during the 2008 Olympic Games. Based on data from 529 traffic detectors on the expressway network and some main arteria...This paper reports the effects of using an "odd and even" traffic restriction policy in Beijing during the 2008 Olympic Games. Based on data from 529 traffic detectors on the expressway network and some main arterials in Beijing, China, a comparative analysis has been carried out on the following parameters: the total traffic volume within the expressway network, the total traffic volume on different ring expressways, the traffic volume and speed of a freeway segment, and an arterial street before and after the implementation of the traffic restriction policy. The results show that during the traffic restriction period, although more than 50% of vehicles were forbidden to travel in Beijing, the traffic volume was only reduced by 20%-40% while the travel speed had been increased by 10%-20%. This suggests that such traffic restriction policy may be an effective shortterm management measure in dealing with increased transportation demand and congestion during major events, such as the Olympic Games. Results also indicate that vehicle travel demand does not decrease with the same proportion as the total vehicles forbidden, at least for the expressway and main arterials in a city.展开更多
基金The National Natural Science Foundation of China(No.71171049,71390335)
文摘To minimize the inventory costs of detecting demand change, an acceptance/rejection method ( threshold) is proposed. The proposed threshold can be identified by the newsvendor based on the excess cost, the shortage cost, the transitional probability of the demand change, and the magnitude of the demand change. Compared with the single exponential smoothing method, it is proved that the proposed method can save many more inventory costs when detecting a step change in demand. By analyzing the proposed method, it shows that as the magnitude of step change increases, the supply chain members turn to synchronously judge a step change, and as excess ( shortage) cost increases, a newsvendor tends to respond slowly (early) to an increase in demand and responds early (slowly) to a decrease in demand. Observations from this study suggest that supply chain members should pay careful attention to different profit-margin products and different magnitude demand changes in cooperating and sharing demand information with others.
基金supported by National Key Technology R&D Program(No.2012 BAJ05B04)Hang Lung Center for Real Estate,Tsinghua UniversityCollaborative Innovation Center for Capital World City's Smooth Traffic Construction
文摘This paper reports the effects of using an "odd and even" traffic restriction policy in Beijing during the 2008 Olympic Games. Based on data from 529 traffic detectors on the expressway network and some main arterials in Beijing, China, a comparative analysis has been carried out on the following parameters: the total traffic volume within the expressway network, the total traffic volume on different ring expressways, the traffic volume and speed of a freeway segment, and an arterial street before and after the implementation of the traffic restriction policy. The results show that during the traffic restriction period, although more than 50% of vehicles were forbidden to travel in Beijing, the traffic volume was only reduced by 20%-40% while the travel speed had been increased by 10%-20%. This suggests that such traffic restriction policy may be an effective shortterm management measure in dealing with increased transportation demand and congestion during major events, such as the Olympic Games. Results also indicate that vehicle travel demand does not decrease with the same proportion as the total vehicles forbidden, at least for the expressway and main arterials in a city.