The impact of time-varying demand and production rates on determining inventory policy

2001 ◽  
Vol 54 (3) ◽  
pp. 395-405 ◽  
Author(s):  
Patrick S. Chen
Keyword(s):  
Time Varying ◽  
Production Rates ◽  
Inventory Policy ◽  
The Impact ◽  
Varying Demand

Optimal Attainment of Production Rates for a Multi-Stage Kanban Managed Production System With Time Varying Demand

2008 ◽  
Author(s):  
Yunmei Fang ◽  
Y. J. Lin
Keyword(s):  
Production System ◽  
Raw Materials ◽  
Raw Material ◽  
Time Varying ◽  
Operation Planning ◽  
Production Rates ◽  
Supply Chain System ◽  
Work In Process ◽  
Multi Stage ◽  
Varying Demand

This paper delves into the evaluation of an operation planning for a realistic multi-stage, single-product Kanban managed production system with time varying production rates and finished goods demands. The study pursued is to dynamically and systematically manipulate the production rate of each stage and the raw material orders at the first stage which are corresponding to the minimum integrated inventory costs incurred due to raw materials, finished products and work-in-process (WIP) inventories under a varying demand of finished product. Simulation results verify the effectiveness of the proposed operation planning methodology for a multistage Kanban managed production and supply chain system.

Modeling Network Travel Time Impact of Freeway Ramp Metering

1998 ◽  
Vol 1645 (1) ◽  
pp. 152-159
Author(s):  
Bruce N. Janson
Keyword(s):  
Travel Time ◽  
Dynamic Traffic Assignment ◽  
Ramp Metering ◽  
Time Varying ◽  
Assignment Model ◽  
Travel Time Savings ◽  
Total Travel Time ◽  
Alternative Routes ◽  
The Impact ◽  
Varying Demand

Whether freeway ramp metering can reduce total travel time in a corridor of several alternative routes depends on changes in route volumes and travel times. Ramp metering effectiveness and ramp metering algorithms have been evaluated mainly on the basis of improved freeway operations. Most studies have not evaluated the impact on alternative routes because of the complexity of the problem (e.g., which routes and what lengths of routes should be studied). An analysis of ramp metering impact in a network corridor is presented, first for simple steady-state cases and then for more complex cases involving time-varying demand, upstream and downstream queueing on freeway and alternative routes, and variable ramp metering rates based on freeway conditions. Time-varying examples are solved with a dynamic traffic assignment model called DYMOD. The analysis shows that ramp metering yields total travel time savings if (a) downstream freeway capacities are sufficiently restrictive, and (b) competitive alternative routes exist to accommodate the diverted traffic. The conditions under which ramp metering can be effective is illustrated by an examination of these simplified cases, and a useful modeling approach to analyzing systemwide impact in a larger corridor is demonstrated.

scholarly journals Collective or Individual? What Types of Tourism Reduce Economic Inequality in Peripheral Regions?

2021 ◽  
Vol 13 (9) ◽  
pp. 4898
Author(s):  
Andrzej Tucki ◽  
Korneliusz Pylak
Keyword(s):  
Peripheral Region ◽  
Time Varying ◽  
Tourism Impacts ◽  
Economic Distress ◽  
Regional Inequalities ◽  
Local Agriculture ◽  
Northeastern Poland ◽  
Per Capita ◽  
The Impact

Regional inequalities are a major concern for governments and policymakers. There is no doubt that tourism impacts the reduction of inequalities, but this impact is not entirely clear. We consider this ambiguity to be related to both the level of study and type of accommodation. In the present study, we examine the inequality level measured by the Gini coefficient in 108 municipalities of the peripheral region of northeastern Poland from 2009 to 2018. We employ a directional spillover index to measure the impact of two accommodation types on tax incomes per capita. The empirical results indicate that collective accommodation-based tourism only reduced inequality during the financial crisis, while individual accommodation-based tourism started to reduce inequality from 2014, when Russian sanctions hit local agriculture and businesses. These results indicate that the role of accommodation types is time-varying and evident in measuring economic distress during and after shocks.

scholarly journals Modeling regional impacts and resilience to water service disruptions in urban economies

2021 ◽  
pp. 239980832199870
Author(s):  
Sheree A Pagsuyoin ◽  
Joost R Santos
Keyword(s):  
Case Studies ◽  
Large Scale ◽  
Urban Region ◽  
Economic Losses ◽  
Drought Severity ◽  
Severe Drought ◽  
Time Varying ◽  
National Capital Region ◽  
Economic Sectors ◽  
The Impact

Water is a critical natural resource that sustains the productivity of many economic sectors, whether directly or indirectly. Climate change alongside rapid growth and development are a threat to water sustainability and regional productivity. In this paper, we develop an extension to the economic input-output model to assess the impact of water supply disruptions to regional economies. The model utilizes the inoperability variable, which measures the extent to which an infrastructure system or economic sector is unable to deliver its intended output. While the inoperability concept has been utilized in previous applications, this paper offers extensions that capture the time-varying nature of inoperability as the sectors recover from a disruptive event, such as drought. The model extension is capable of inserting inoperability adjustments within the drought timeline to capture time-varying likelihoods and severities, as well as the dependencies of various economic sectors on water. The model was applied to case studies of severe drought in two regions: (1) the state of Massachusetts (MA) and (2) the US National Capital Region (NCR). These regions were selected to contrast drought resilience between a mixed urban–rural region (MA) and a highly urban region (NCR). These regions also have comparable overall gross domestic products despite significant differences in the distribution and share of the economic sectors comprising each region. The results of the case studies indicate that in both regions, the utility and real estate sectors suffer the largest economic loss; nonetheless, results also identify region-specific sectors that incur significant losses. For the NCR, three sectors in the top 10 ranking of highest economic losses are government-related, whereas in the MA, four sectors in the top 10 are manufacturing sectors. Furthermore, the accommodation sector has also been included in the NCR case intuitively because of the high concentration of museums and famous landmarks. In contrast, the Wholesale Trade sector was among the sectors with the highest economic losses in the MA case study because of its large geographic size conducive for warehouses used as nodes for large-scale supply chain networks. Future modeling extensions could potentially include analysis of water demand and supply management strategies that can enhance regional resilience against droughts. Other regional case studies can also be pursued in future efforts to analyze various categories of drought severity beyond the case studies featured in this paper.

scholarly journals The Impact of Participation in PPP Projects on Total Factor Productivity of Listed Companies in China

2021 ◽  
Vol 13 (14) ◽  
pp. 7603
Author(s):  
Xiangdong Liu ◽  
Guangxi Cao
Keyword(s):  
Total Factor Productivity ◽  
High Speed ◽  
Operation Mode ◽  
Listed Companies ◽  
Financing Constraints ◽  
Eastern Region ◽  
Time Varying ◽  
Factor Productivity ◽  
The Impact ◽  
China’S Economy

The key to transforming China’s economy from high-speed growth to high-quality development is to improve total factor productivity (TFP). Based on the panel data of China’s listed companies participating in PPP (Public–Private Partnerships) projects from 2010 to 2019, this paper constructs the time-varying DID method to test the impact of participation in PPP projects on the company’s TFP empirically, explore the mechanism of the effect of participation in PPP projects on the company’s TFP, and then conduct heterogeneous analysis from four perspectives: region, industry, ownership form, and operation mode. The empirical results show that participation in PPP projects can significantly promote the growth of the company’s TFP, which mainly comes from the promotion of the innovation level of listed companies and the alleviation of financing constraints by participating in PPP projects. In addition, participation in PPP projects has a significant impact on TFP of listed companies in the eastern region, listed companies in the secondary and tertiary industries, state-owned listed companies, and listed companies participating in PPP projects under the BOT mode.

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