The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fu...The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.展开更多
As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mec...As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.展开更多
The main purpose of this paper is to develop an inventory model under fuzzy approach by considering the effect of inflation and time value of money, to determine the optimal time period for inventory cycle and minimum...The main purpose of this paper is to develop an inventory model under fuzzy approach by considering the effect of inflation and time value of money, to determine the optimal time period for inventory cycle and minimum total average costs. The model is integrated production inventory model developed where;the Demand has a direct linear impact on production rate. The model can be divided into four stages. In the first two stages with original production rate and subsequent change in production rate, inventory level rises. Third stage is time after the accumulation of inventory and before the deterioration starts, where demand which selling price dependent is depreciating the inventory level, while in the fourth stage deterioration occurs, which is considered to follow two parameter Weibull distribution. The back-order is not considered. Hexagonal fuzzy numbers are used to derive optimum solution and defuzzification by graded mean integration representation method. A numerical example is given to demonstrate the applicability of the purposed model and sensitivity analysis is carried out to reveal the impact of change in parameter values.展开更多
Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to a...Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to analyze the impact of national policies on the consumption of chemical fertilizer,this article selects the consumption of chemical fertilizer per unit,chemical fertilizer price index and farmers'net income in different provinces during the period 1998-2007 as variables,to conduct regression analysis of chemical fertilizer expenditure function,and calculate the price elasticity and income elasticity of chemical fertilizer demand in different provinces over the decade based on the regression results.The results show that at present the basic consumption of chemical fertilizer for agricultural development in China is 0.35 t/hm 2 ,and the consumption of chemical fertilizer is excessive in some provinces;the chemical fertilizer market has not been really established,and the price has little impact on demand.This indicates that the chemical fertilizer is essential for agricultural economic development,and it increases along with the increase of farmers'income; the intervention of the national policy in chemical fertilizer price is a fundamental reason for the rising demand for chemical fertilizer.This also to some extent indicates that the policy effect of merely using environmental taxes to change farmers'consumption of chemical fertilizer is limited;there is a need to transform the existing policies purely promoting agricultural economic development,toward giving different subsidies in accordance with whether the farmers'fertilization pattern is beneficial to the environment.展开更多
World cotton production and consumption are forecast to roughly balance at 25.1 million tons in 2010/11,as a result of a 15% rebound in production and a 2% increase in mill use.World ending stocks
Since October 2008,China's social consumption of electricity had,for the first time,grown negatively compared to the same period of the previous year,and in November the negative growth range further expanded. The...Since October 2008,China's social consumption of electricity had,for the first time,grown negatively compared to the same period of the previous year,and in November the negative growth range further expanded. The major pressure faced by the electricity industry has now turned from the contradiction between coal and electricity to electricity quantity. This is undoubtedly a true and new test to electricity enterprises which get used to high growth but are now suffering great losses. The reform of electricity system has already been in great difficulties and now is getting into a more serious situation. In order to help readers improve their knowledge and understanding of the current tough situation faced by the electricity industry and discuss how to alleviate and get through the difficulty resulted from the economic crisis "encountered once every one hundred years" by joint efforts of all parties concerned,a Seminar on Crisis and Countermeasures for Electricity Industry was held on November 20,2008. Here are some extracts from the speeches of four experts.展开更多
In this research work we propose a mathematical model of an inventory system with time dependent three-parameter Weibull deterioration and <span style="font-family:Verdana;">price-</span><span...In this research work we propose a mathematical model of an inventory system with time dependent three-parameter Weibull deterioration and <span style="font-family:Verdana;">price-</span><span style="font-family:Verdana;">dependent demand rate. The model incorporates shortages and deteriorating items are considered in which inventory is depleted not only by demand but also by decay, such as, direct spoilage as in fruits, vegetables and food products, or deterioration as in obsolete electronic components. Furthermore, the rate of deterioration is taken to be time-proportional, and a power law form of the price dependence of demand is considered. This price-dependence of the demand function is nonlinear, and is such that when price of a commodity increases, demand decreases and when price of a commodity decreases, demand increases. The objective of the model is to minimize the total inventory costs. From the numerical example presented to illustrate the solution procedure of the model, we obtain meaningful results. We then proceed to perform sensitivity analysis of our model. The sensitivity analysis illustrates the extent to which the optimal solution of the model is affected by slight changes or errors in its input parameter values.</span>展开更多
文摘The objective is to develop a model considering demand dependent on selling price and deterioration occurs after a certain period of time, which follows two-parameter Weibull distribution. Shortages are allowed and fully backlogged. Fuzzy optimal solution is obtained by considering hexagonal fuzzy numbers and for defuzzification Graded Mean Integration Representation Method. A numerical example is provided for the illustration of crisp and fuzzy, both models. To observe the effect of changes in parameters, sensitivity analysis is carried out.
基金Financial support from the National Social Science Foundation of China (Grant Nos.17BGL014 and 18VDL017)
文摘As a cleaner,high-efficiency,and low-carbon fuel,natural gas has been an important fuel resource for China.To achieve a substantial increase in natural gas demand,China has sought to reform its natural gas pricing mechanism.Employing a set of unbalanced panel data for China’s 30 provinces covering 1999-2015,this study aims to estimate the evolving price and income elasticities of natural gas demand and explore the effect of natural gas price reform in China.For this purpose,a series of econometric techniques allowing for cross-sectional dependence and slope homogeneity is utilized.The results suggest that although natural gas demand in China still lacks negative price elasticity,the phenomenon is improving.Moreover,the estimates suggest that natural gas demand in China is indeed becoming increasingly sensitive to income changes.Our estimates also provide strong evidence in favor of the effect of natural gas price reform on the change in price elasticity as the price elasticity decreases in five of the seven regions.In addition,the results indicate large variations in the change in price and income elasticities of natural gas demand across China’s regions.Natural gas demand is becoming more price inelastic in Southwest China and Northwest China,while such demand in North China and East China responds less sensitively to income changes.These findings offer several policy suggestions for the reform of China’s natural gas market at the national and regional levels.
文摘The main purpose of this paper is to develop an inventory model under fuzzy approach by considering the effect of inflation and time value of money, to determine the optimal time period for inventory cycle and minimum total average costs. The model is integrated production inventory model developed where;the Demand has a direct linear impact on production rate. The model can be divided into four stages. In the first two stages with original production rate and subsequent change in production rate, inventory level rises. Third stage is time after the accumulation of inventory and before the deterioration starts, where demand which selling price dependent is depreciating the inventory level, while in the fourth stage deterioration occurs, which is considered to follow two parameter Weibull distribution. The back-order is not considered. Hexagonal fuzzy numbers are used to derive optimum solution and defuzzification by graded mean integration representation method. A numerical example is given to demonstrate the applicability of the purposed model and sensitivity analysis is carried out to reveal the impact of change in parameter values.
基金Supported by General Project of Humanities and Social Sciences Research of Ministry of Education in 2008(08JA790022)
文摘Since 1998,the national policies on chemical fertilizer in China have been concentrated in limiting price plus subsidizing,abolishing agricultural tax,giving direct subsidies to farmers,and other aspects.In order to analyze the impact of national policies on the consumption of chemical fertilizer,this article selects the consumption of chemical fertilizer per unit,chemical fertilizer price index and farmers'net income in different provinces during the period 1998-2007 as variables,to conduct regression analysis of chemical fertilizer expenditure function,and calculate the price elasticity and income elasticity of chemical fertilizer demand in different provinces over the decade based on the regression results.The results show that at present the basic consumption of chemical fertilizer for agricultural development in China is 0.35 t/hm 2 ,and the consumption of chemical fertilizer is excessive in some provinces;the chemical fertilizer market has not been really established,and the price has little impact on demand.This indicates that the chemical fertilizer is essential for agricultural economic development,and it increases along with the increase of farmers'income; the intervention of the national policy in chemical fertilizer price is a fundamental reason for the rising demand for chemical fertilizer.This also to some extent indicates that the policy effect of merely using environmental taxes to change farmers'consumption of chemical fertilizer is limited;there is a need to transform the existing policies purely promoting agricultural economic development,toward giving different subsidies in accordance with whether the farmers'fertilization pattern is beneficial to the environment.
文摘World cotton production and consumption are forecast to roughly balance at 25.1 million tons in 2010/11,as a result of a 15% rebound in production and a 2% increase in mill use.World ending stocks
文摘Since October 2008,China's social consumption of electricity had,for the first time,grown negatively compared to the same period of the previous year,and in November the negative growth range further expanded. The major pressure faced by the electricity industry has now turned from the contradiction between coal and electricity to electricity quantity. This is undoubtedly a true and new test to electricity enterprises which get used to high growth but are now suffering great losses. The reform of electricity system has already been in great difficulties and now is getting into a more serious situation. In order to help readers improve their knowledge and understanding of the current tough situation faced by the electricity industry and discuss how to alleviate and get through the difficulty resulted from the economic crisis "encountered once every one hundred years" by joint efforts of all parties concerned,a Seminar on Crisis and Countermeasures for Electricity Industry was held on November 20,2008. Here are some extracts from the speeches of four experts.
文摘In this research work we propose a mathematical model of an inventory system with time dependent three-parameter Weibull deterioration and <span style="font-family:Verdana;">price-</span><span style="font-family:Verdana;">dependent demand rate. The model incorporates shortages and deteriorating items are considered in which inventory is depleted not only by demand but also by decay, such as, direct spoilage as in fruits, vegetables and food products, or deterioration as in obsolete electronic components. Furthermore, the rate of deterioration is taken to be time-proportional, and a power law form of the price dependence of demand is considered. This price-dependence of the demand function is nonlinear, and is such that when price of a commodity increases, demand decreases and when price of a commodity decreases, demand increases. The objective of the model is to minimize the total inventory costs. From the numerical example presented to illustrate the solution procedure of the model, we obtain meaningful results. We then proceed to perform sensitivity analysis of our model. The sensitivity analysis illustrates the extent to which the optimal solution of the model is affected by slight changes or errors in its input parameter values.</span>