Showing 91 - 100 of 722
In this paper we analyse the effect of satisfying in a different way customers with an order larger than a prespecified cutoff transaction size, in a simple newsboy setting. For compound Poisson demand with discrete order sizes, we show how to determine the expected costs and the optimal cutoff...
Persistent link: https://www.econbiz.de/10004972184
This paper deals with large-scale crew scheduling problems arising at the Dutch railway operator, Netherlands Railways (NS). NS operates about 30,000 trains a week. All these trains need a driver and a certain number of conductors. No available crew scheduling algorithm can solve such huge...
Persistent link: https://www.econbiz.de/10004972185
In this paper we review the literature on multi-component maintenance models with economic dependence. The emphasis is on papers that appeared after 1991, but there is an overlap with Section 2 of the most recent review paper by Cho and Parlar (1991). The classification scheme that we choose is...
Persistent link: https://www.econbiz.de/10004972186
In this paper we consider an economic lot-sizing problem with bounded inventory and lost-sales. Different structural properties are characterized based on the system parameters such as production and inventory costs, selling prices, and storage capacities. Using these properties and the results...
Persistent link: https://www.econbiz.de/10004972187
In this paper we analyze the demographic factors that influence the return and repeated migration of immigrants. Using longitudinal data from Statistics Netherlands we track migration histories of recent immigrants to The Netherlands and analyze which migrants will stay in the country, which...
Persistent link: https://www.econbiz.de/10004972188
We examine if US inflation rates series can be characterized by a long-memory model, by a model with occasional level shifts or by a new model, which jointly captures the two features. Through simulations we show that this new model can be usefully applied in practice. For 23 inflation rate...
Persistent link: https://www.econbiz.de/10004972189
In this paper we provide a result that shows existence and uniqueness of Nash equilibrium in cases in which existent methods are problematic to apply. We employ this result to the model with simple logit demand, and show existence and uniqueness of price equilibrium when firms produce multiple...
Persistent link: https://www.econbiz.de/10004972190
In this paper we show some further experiments with neural network sampling, a class of sampling methods that make use of neural network approximations to (posterior) densities, introduced by Hoogerheide et al. (2007). We consider a method where a mixture of Student's t densities, which can be...
Persistent link: https://www.econbiz.de/10004972191
Several lessons learnt from a Bayesian analysis of basic macroeconomic time series models are presented for the situation where some model parameters have substantial posterior probability near the boundary of the parameter region. This feature refers to near-instability within dynamic models,...
Persistent link: https://www.econbiz.de/10004972192
This paper puts forward a data collection method to measure weekly consumer confidence at the individual level. The data thus obtained allow to statistically analyze the dynamic correlation of such a consumer confidence indicator and to draw inference on transition rates, which is not possible...
Persistent link: https://www.econbiz.de/10004972193