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In this paper a new measure of spatial association, the S statistics, is developed. The proposed measure is based on information theory by defining a spatially weighted information measure (entropy measure) that takes the spatial configuration into account. The proposed S-statistics has an...
Persistent link: https://www.econbiz.de/10005623553
We derive the value of reliability in the scheduling of an activity of random duration, such as travel under congested conditions. We show that the minimal expected cost is linear in the mean and standard deviation of duration, regardless of the form of the standardized distribution of...
Persistent link: https://www.econbiz.de/10005837545