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Demand change detection and inventory costs minimization
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作者 隽志如 王海燕 《Journal of Southeast University(English Edition)》 EI CAS 2016年第3期385-390,共6页
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
关键词 demand detection demand change inventory costminimization NEWSVENDOR
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Effects of odd-even traffic restriction on travel speed and traffic volume:Evidence from Beijing Olympic Games 被引量:1
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作者 Ruimin Li Min Guo 《Journal of Traffic and Transportation Engineering(English Edition)》 2016年第1期71-81,共11页
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
关键词 Traffic demand managementTraffic restriction policyComparative analysisTraffic detection system
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