Showing 1 - 10 of 14
The paper discusses the value of information when a numberof independent sources provide information related to acommon set of states of nature.The starting point is the Information Economic model ofInformation Structures. The model is augmented to representindependence of informational sources...
Persistent link: https://www.econbiz.de/10012769482
Privacy and technology are entangled in an endless relationship. Privacy is said to have died, but persistent research, as well as our daily experience, indicate otherwise: citizens and users are still interested in maintaining their privacy. The PRACTIS project forecasted future technology and...
Persistent link: https://www.econbiz.de/10014151019
We study three problems on supply chain location and inventory under uncertainty. In Chapter 2, we study the inventory purchasing and allocation problem in a movie rental chain under demand uncertainty. We formulate this problem as a newsvendor-like problem with multiple rental opportunities. We...
Persistent link: https://www.econbiz.de/10009455191
Pricing and capacity allocation are two important decisions that a service provider needs to make to maximize service quality and profit. This thesis attempts to address the pricing and capacity planning problems in operations management from the following three aspects.We first study a capacity...
Persistent link: https://www.econbiz.de/10009455280
Problem definition: Autonomous vehicles (AVs) are predicted to enter the consumer market in less than a decade. There is currently no consensus on whether their presence will have a positive impact on users and society. The skeptics of automation foresee increased congestion, whereas the...
Persistent link: https://www.econbiz.de/10012898099
Problem definition: The configuration of an emergency vehicle fleet (EVF) is critical to ensure that responders have the resources necessary to serve emergencies quickly and help prevent loss of life and property damage. Determining the fleet’s optimal design involves decisions regarding the...
Persistent link: https://www.econbiz.de/10014360087
Persistent link: https://www.econbiz.de/10003724658
This paper studies a Markovian two-station tandem queueing network with impatient customers. Queueing networks with abandonment are common in many industries, e.g., call centers and healthcare. Therefore, their management has received much attention. The resulting model is a level-dependent...
Persistent link: https://www.econbiz.de/10011897919
In the classic revenue management (RM) problem of selling a fixed quantity of perishable inventories to price-sensitive non-strategic consumers over a finite horizon, the optimal pricing decision at any time depends on two important factors: consumer valuation and bid price. The former is...
Persistent link: https://www.econbiz.de/10013064379
Many individuals infected with the novel Coronavirus (SARS-CoV-2) suffer from intestinal infection as well as respiratory infection. These COVID-19-suffering individuals shed virus in their stool, resulting in municipal sewage systems carrying the virus and its genetic remnants. These viral...
Persistent link: https://www.econbiz.de/10012504229