Since the implementation of the open-door policy in China, many Hong Kong-based manufacturers' production lines have moved to China to take advantage of the lower production cost, lower wages, and lower rental costs, and thus, the finished products must be transported from China to Hong Kong. It...

Sea transportation is a competitive service industry. All shipping companies compete via freight rates, transit time and service quality. Since a shipping line pays substantial operational expenses to maintain its container fleet, it is important that shippers plan and schedule efficiently the...

One of the significant effects of the implementation of an open-door policy in China is that many Hong Kong-based manufacturers' production lines have been moved to China to take advantage of the lower production costs, lower wages and lower rental costs, but as a consequence the finished...

This paper investigates generators’ strategic behaviors in contract signing in the forward market and power transaction in the electricity spot market. A stochastic equilibrium program with equilibrium constraints (SEPEC) model is proposed to characterize the interaction of generators’...

Arrays of tungsten oxide nanorods, approximately 500 nm in diameter and 10 μm in length, have been grown in a catalyst-free reaction by heating tungsten wires at 900°C in a humid argon flow. They were systematically characterized using different surface analysis techniques. The chemical...

This paper presents some convex stochastic programming models for single and multi-period inventory control problems where the market demand is random and order quantities need to be decided before demand is realized. Both models minimize the expected losses subject to risk aversion constraints...