The authors quantify the benefits of a newly introduced logistics product, day-definite Full Container-load (FCL), in terms of its cost reduction relative to other existing products – regular FCL and airfreight, from the perspective of a logistic manager in an intercontinental supply...

We study the risk-averse newsvendor model with a mean-variance objective function. We show that stockout cost has a significant impact on the newsvendor's optimal ordering decisions. In particular, with stockout cost, the risk-averse newsvendor does not necessarily order less than the...

Sanctions are used ubiquitously to enforce obedience to social norms. Recent field studies and laboratory experiments have demonstrated, however, that cooperation is sometimes reduced when incentives meant to promote pro-social decisions are added to the environment. Although a variety of...

Saving rates and household investment in stocks and business equity are all increasing in income and wealth. Introducing subsistence consumption to a common-across-households Epstein-Zin-Weil utility function is up to a quantitative explanation, in the context of stan- dardized parsimonious...

Surface cover degree, monthly variation of topsoil water content, loss of soil and nutrient in alfalfa-corn intercropping, strip rotation cropping and corn monoculture were studied in this paper. Then soil and water conservation effect of these planting modes were compared. Results showed that...

It has been hard to model a crowd evacuation process considering different walking abilities using a synchronous cellular automaton. That is because the cross and the overlaps of routes have to be taken into consideration and the conflicts resolution between pedestrians is more complex. However,...

There is much interest in technology exchange in the literature, but relatively little research directly provides understanding of technology exchange patterns at a regional level within a country. This study uses a unique dataset of Chinese patent licensing to study technology exchange patterns...

The failure or degradation of solar absorber tubes is the single largest cost factor for current parabolic trough solar power plant. The main failure reason is that there are residual stresses in the glass-to-metal joint which are generated during the cooling process of sealing. According to the...

Data collected from the supervisory control and data acquisition (SCADA) system, used widely in wind farms to obtain operational and condition information about wind turbines (WTs), is of important significance for anomaly detection in wind turbines. The paper presents a novel model for wind...