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In condition of accession Romanian to European Union, local companies have at their disposal many and varied financing mechanisms. For achieving the goals of sustainable development, it is necessary mobilization and efficiently usage of the financial resources, especially those native ones. In...
Persistent link: https://www.econbiz.de/10013136176
a proxy of housing demand, a key yet so far mostly unobserved feature of housing markets. We analyze data from an … affects time on market, liquidity and prices in the same way as actual demand, we deduce that it is a good proxy. We then turn … to a standard econometric problem: what difference in demand is caused by a difference in price? We use machine learning …
Persistent link: https://www.econbiz.de/10012910790
fraction of demand that can be satisfied from stock.Best-known are the approximations derived from renewal theory by Tijms … specifically, the cases of normally and gamma distributed demand.Here, an exact expression for the fill rate is derived, holding … generally in the situation that demand has a gamma distribution with known integer-valued parameters, while lead time is …
Persistent link: https://www.econbiz.de/10011090965
demand distribution parameters. It provides and compares several methods that use the sequence of past prices and observed …
Persistent link: https://www.econbiz.de/10012025378
A major obstacle to wider adoption of the newsvendor model is the difficulty of obtaining its key input---the demand … of demand quantity from a panel of experts and uses the degree of disagreement between experts as a proxy for demand … based on a tripartite decomposition of the demand vector into total demand, ordered proportions, and ranking. We also …
Persistent link: https://www.econbiz.de/10013241585
revenues if capacity is fixed and the demand to come difficult to forecast. We present several revenue management models and … approaches can mitigate the negative impact of demand forecast errors …
Persistent link: https://www.econbiz.de/10014039764
We propose a tractable, data-driven demand estimation procedure based on the use maximum entropy (ME) distributions … the underlying demand distribution is discrete, we show that the sequence of protection levels converges to the optimal … one almost surely, and that the ME demand forecast converges to the true demand distribution for all values below the …
Persistent link: https://www.econbiz.de/10013054829
In this paper, we compare two fundamentally different judgmental demand forecasting approaches used to estimate demand … and their corresponding demand distributions. In the first approach, parameters are obtained from a linear regression and … approach ignores dispersion and instead estimates the demand distribution based on the mean demand forecast and the historic …
Persistent link: https://www.econbiz.de/10012991799
capture the actual demand as excess demand is usually unobservable. Meanwhile, demand-related features are available in the … demand to be any function of the features. To solve the problem, we develop a neural network-based non-parametric online … compared to existing methods. The advantage is more significant with more complex demand functions …
Persistent link: https://www.econbiz.de/10014344544
growth. In seeking to minimize supply-demand mismatch costs and satisfy borrowing constraints, management adopted a …’s systematic bias across selling seasons, and on two alternative product segmentation approaches. Demand distributions forecast …
Persistent link: https://www.econbiz.de/10014127366