Showing 1 - 10 of 16
Carriers are under increasing pressure to offset rising fuel charges with cost cutting or revenue generating schemes. One opportunity for cost reduction lies in asset management. This paper presents resource allocation scheduling models that can be used to assign truck loads to delivery times...
Persistent link: https://www.econbiz.de/10011052531
The primary goal of a residency program is to prepare trainees for unsupervised care. Duty hour restrictions imposed throughout the prior decade require that residents work significantly fewer hours. Moreover, various stakeholders (e.g. the hospital, mentors, other residents, educators, and...
Persistent link: https://www.econbiz.de/10010865036
Models for decision-making under uncertainty use probability distributions to represent variables whose values are unknown when the decisions are to be made. Often the distributions are estimated with observed data. Sometimes these variables depend on the decisions but the dependence is ignored...
Persistent link: https://www.econbiz.de/10010847950
Models for decision-making under uncertainty use probability distributions to represent variables whose values are unknown when the decisions are to be made. Often the distributions are estimated with observed data. Sometimes these variables depend on the decisions but the dependence is ignored...
Persistent link: https://www.econbiz.de/10010950330
The problem of comparing random vectors arises in many applications. We propose three new concepts of stochastically weighted dominance for comparing random vectors X and Y. The main idea is to use a random vector V to scalarize X and Y as VTX and VTY, and subsequently use available concepts...
Persistent link: https://www.econbiz.de/10010738159
This paper studies optimal path problems integrated with the concept of second order stochastic dominance. These problems arise from applications where travelers are concerned with the trade off between the risks associated with random travel time and other travel costs. Risk-averse behavior is...
Persistent link: https://www.econbiz.de/10010865569
We study a network airline revenue management problem with discrete customer choice behavior. We discuss a choice model based on the concept of preference orders, in which customers can be grouped according to a list of options in decreasing order of preference. If a customer's preferred option...
Persistent link: https://www.econbiz.de/10008483167
Persistent link: https://www.econbiz.de/10005340028
We present a method for setting release times for jobs with due dates in a stochastic production flow line for which the sequence of jobs has been determined. Unlike other approaches to this problem, ours considers a transient situation. Thus, the flow line will typically contain work in process...
Persistent link: https://www.econbiz.de/10009208761
Traffic data from a 4-mile long congested rural road in Orinda, California, are used to show that traffic delays and vehicle accumulations between any two generic observers located inside a road section can be predicted from the traffic counts measured at the extremes of the section. The traffic...
Persistent link: https://www.econbiz.de/10010817577