Showing 1 - 10 of 10
We present a mathematical programming model for the combined vehicle routing and scheduling problem with time windows and additional temporal constraints. The temporal constraints allow for imposing pairwise synchronization and pairwise temporal precedence between customer visits, independently...
Persistent link: https://www.econbiz.de/10005277430
Transportation planning is an important part of the supply chain or wood flow chain in forestry. There are often several forest companies operating in the same region and collaboration between two or more companies is rare. However, there is an increasing interest in collaborative planning as...
Persistent link: https://www.econbiz.de/10008551278
In combinatorial auctions the pricing problem is of main concern since it is the means by which the auctioneer signals the result of the auction to the participants. In order for the auction to be regarded as fair among the various participants the price signals should be such that a participant...
Persistent link: https://www.econbiz.de/10004973491
Given a set of players and the cost of each possible coalition, the question we address is which coalitions should be formed. We formulate mixed integer linear programming models for this problem, considering core stability and strong equilibrium. The objective function looks for minimizing the...
Persistent link: https://www.econbiz.de/10011097706
We study a problem of tactical planning in a divergent supply chain. It involves decisions regarding production, inventory, internal transportation, sales and distribution to customers. The problem is motivated by the context of a company in the speciality oils industry. The overall objective at...
Persistent link: https://www.econbiz.de/10011052792
Despite linear programming and duality have correctly been incorporated in algorithms to compute the nucleolus, we have found mistakes in how these have been used in a broad range of applications. Overlooking the fact that a linear program can have multiple optimal solutions and neglecting the...
Persistent link: https://www.econbiz.de/10011117464
In this paper, we consider the newsvendor model under partial information, i.e., where the demand distribution D is partly unknown. We focus on the classical case where the retailer only knows the expectation and variance of D. The standard approach is then to determine the order quantity using...
Persistent link: https://www.econbiz.de/10011052418
We study the problem of allocating the total profit of a production enterprise among the resource owners, using the game-theoretic framework introduced by Owen [Owen, G., 1975. On the core of linear production games. Mathematical Programming 9, 358-370]. We provide lower (upper) bounds on the...
Persistent link: https://www.econbiz.de/10005152289
The issue of finding market clearing prices in markets with non-convexities has had a renewed interest due to the deregulation of the electricity sector. In the day-ahead electricity market, equilibrium prices are calculated based on bids from generators and consumers. In most of the existing...
Persistent link: https://www.econbiz.de/10005283788
From standard economic theory, the market clearing price for a commodity is set where the demand and supply curves intersect. Convexity is a property that economic models require for a competitive equilibrium, which is efficient and well-behaved and provides equilibrium prices. However, some...
Persistent link: https://www.econbiz.de/10009146102