Search Results - subject:"Cost function"

The two-dimensional vector packing problem with piecewise linear cost function

Hu, Qian; Lim, Andrew; Zhu, Wenbin - In: Omega 50 (2015) C, pp. 43-53

The two-dimensional vector packing problem with piecewise linear cost function (2DVPP-PLC) is a practical problem faced … function of its weight. The cost function is not necessarily convex or concave. The objective is to pack all given items into a …

Persistent link: https://www.econbiz.de/10011051840

Global approximation to arbitrary cost functions: A Bayesian approach with application to US banking

Michaelides, Panayotis G.; Tsionas, Efthymios G.; … - In: European Journal of Operational Research 241 (2015) 1, pp. 148-160

This paper proposes and estimates a globally flexible functional form for the cost function, which we call Neural Cost … Function (NCF). The proposed specification imposes a priori and satisfies globally all the properties that economic theory …

Persistent link: https://www.econbiz.de/10010939784

Demand uncertainty and hospital costs: an application to Portuguese public hospitals

Almeida, Alvaro; Cima, Joana - In: The European Journal of Health Economics 16 (2015) 1, pp. 35-45

for the period 2007–2009, we estimate a translog cost function that relates total variable costs to the usual variables … projected demand for emergency services. Our results indicate that the cost function term associated with the uncertainty of …

Persistent link: https://www.econbiz.de/10011151224

Design and performance analysis of a hybrid solar tricycle for a sustainable local commute

Paudel, Ananda Mani; Kreutzmann, Philipp - In: Renewable and Sustainable Energy Reviews 41 (2015) C, pp. 473-482

Fossil-fueled transportation is the main type of transportation used all over the world. Transportation in the United States consumes almost one third of global transportation energy and is one of the major contributors to CO2 emissions. To deal with ever increasing environmental pollution and...

Persistent link: https://www.econbiz.de/10011077307

A comparative analysis of different paperless picking systems

Battini, Daria; Calzavara, Martina; Persona, Alessandro; … - In: Industrial Management & Data Systems 115 (2015) 3, pp. 483-503

traditional solutions with some innovative ones by an economic evaluation. The presented hourly cost function also takes into …

Persistent link: https://www.econbiz.de/10014826184

Estimating the marginal abatement cost curve of CO2 emissions in China : provincial panel data analysis

Du, Limin; Hanley, Aoife; Wei, Chu - 2015

This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for the period of 2001-2010. The provincial marginal abatement cost (MAC) of CO2 emissions is estimated using a parameterized directional output distance function. Four types of...

Persistent link: https://www.econbiz.de/10010472505