Showing 1 - 10 of 124
We focus on the Moulin-Shenker cost sharing rule as a natural extension of the serial rule to multi-service facilities where services are personalized. We show that it is the unique regular rule that is compatible with scale invariance and self consistency.
Persistent link: https://www.econbiz.de/10011091878
We focus on the radial serial rule as a natural extension of the Moulin-Shenker cost sharing rule. We show that it is the unique regular rule that is compatible with the radial serial principle. In particular this shows the incompatability of the serial prionciple with differentiability of a...
Persistent link: https://www.econbiz.de/10011092386
Persistent link: https://www.econbiz.de/10011090295
The aim of this paper is to quantify the benefit of demand and inventory smoothing in contrasting the extreme volatility and impetuous alteration of the market produced by the current economic recession. To do so we model a traditional supply chain and we test five settings of order smoothing...
Persistent link: https://www.econbiz.de/10011090318
AMS classifications; 05C50; 05E30;
Persistent link: https://www.econbiz.de/10011090354
AMS classifications: 05E30; 05B20
Persistent link: https://www.econbiz.de/10011090355
AMS classifications: 05C50, 05E99;
Persistent link: https://www.econbiz.de/10011090380
Abstract: Factor screening searches for the really important inputs (factors) among the many inputs that are changed in a realistic simulation experiment. Sequential bifurcation (SB) is a sequential method that changes groups of inputs simultaneously. SB is the most efficient and effective...
Persistent link: https://www.econbiz.de/10011090433
This article illustrates simulation optimization through an (s, S) inventory management system.In this system, the goal function to be minimized is the expected value of specific inventory costs.Moreover, specific constraints must be satisfied for some random simulation responses, namely the...
Persistent link: https://www.econbiz.de/10011090482
Classic linear regression models and their concomitant statistical designs assume a univariate response and white noise.By definition, white noise is normally, independently, and identically distributed with zero mean.This survey tries to answer the following questions: (i) How realistic are...
Persistent link: https://www.econbiz.de/10011090588