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-sensitive uncertain demand environment, and to make the optimal decisions on retail price and order quantity for both mechanisms. Design … simulation optimization solution procedures, the optimal decisions and performance comparisons are accomplished. Findings: The … combines it with price-sensitive demand under stochastic settings while comparing VMI and CPFR supply chain mechanisms and …
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Wallace's (1962) pioneering study brought to agricultural economics a focus on the role of supply and demand elasticity …
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This research explores the effectiveness of using simulation as a tool for enhancing classroom learning in the Civil … software package, Agent-based Demand and Assignment Model (ADAM), that is consistent with our present understanding of travel … in the quiz focusing on travel demand modeling and final scores. Results showed that ADAM effectively enhanced students …
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This paper proposes a novel event-based simulation model for assessing the explicit demand response potential of …-based simulation model is suitable for multiple practical and theoretical applications ranging from predictive EV demand response load … to estimate the maximal explicit demand response potential of individual charging events based on technical requirements …
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