Inflation and time value of money in a vendor-buyer inventory system with transportation cost and ordering cost reduction

The article presents a single-vendor and a single-buyer integrated production inventory system with inflation and the time value of money.The main focus is on the effect of ordering cost reduction dependent on lead time and lead time reduction.Two integrated continuous review models are developed.For both cases,our objective is to minimise the total integrated system cost by simultaneously optimising the order quantity,safety factor,lead time and number of shipments.We take the transportation cost as a function of the shipment lot size and it is taken to be in an all unit-discount cost format.Thus we incorporate transportation cost explicitly into the model and develop optimal solution procedure for solving the proposed inventory system.An efficient algorithm for finding the optimal solution is developed and numerical examples are given to illustrate the model.

Statistical analyses of Global U-Pb Database 2017

The method of obtaining zircon samples affects estimation of the global U-Pb age distribution.Researchers typically collect zircons via convenience sampling and cluster sampling.When using these techniques,weight adjustments proportional to the areas of the sampled regions improve upon unweighted estimates.Here,grid-area and modern sediment methods are used to weight the samples from a new database of 418,967 U-Pb ages.Preliminary tests involve two age models.Model-1 uses the most precise U-Pb ages as the best ages.Model-2 uses the^(206)Pb/^(238)U age as the best age if it is less than a1000 Ma cutoff,otherwise it uses the^(207)Pb/^(206)Pb age as the best age.A correlation analysis between the Model-1 and Model-2 ages indicates nearly identical distributions for both models.However,after applying acceptance criteria to include only the most precise analyses with minimal discordance,a histogram of the rejected samples shows excessive rejection of the Model-2 analyses around the1000 Ma cutoff point.Because of the excessive rejection rate for Model-2,we select Model-1 as the preferred model.After eliminating all rejected samples,the remaining analyses use only Model-1 ages for five rock-type subsets of the database:igneous,meta-igneous,sedimentary,meta-sedimentary,and modern sediments.Next,time-series plots,cross-correlation analyses,and spectral analyses determine the degree of alignment among the time-series and their periodicity.For all rock types,the U-Pb age distributions are similar for ages older than 500 Ma,but align poorly for ages younger than 500 Ma.The similarities(>500 Ma)and differences(<500 Ma)highlight how reductionism from a detailed database enhances understanding of time-dependent sequences,such as erosion,detrital transport mechanisms,lithification,and metamorphism.Time-series analyses and spectral analyses of the age distributions predominantly indicate a synchronous period-tripling sequence of^91-Myr,~273-Myr,and^819-Myr among the various rock types.

Measurement of the echo reduction for underwater acoustic passive materials by using the time reversal technique

A measuring method of the echo reduction of passive materials by using the time reversal（TR） technique is presented. To measure the echo reduction of a sample with this approach, the received signals are firstly focused according to the TR theory. Then, the sample is removed and the TR processing is again employed to realize the focus of the received signal.Finally, the echo reduction of the sample is evaluated with these focusing signals. Besides, to calibrate the measured echo reduction via the TR technique, a standard sample is employed to measure a constant coefficient that only depends on the measurement environment. An aluminum plate sample and a steel plate sample with the same size of 1.1 mxl.O m x0.005 m axe tested in a wave guide tank. The experimental results show that the calibrated values are well consistent with theoretical results under the free field at the measured frequency range of0.5-20 kHz. The relative errors of all the measured values are less than 10% and the values of the expanded uncertainty are less than 1.5 dB. The TR processing focuses the energy in spatial domain and temporal domain, so it can be used to measure the echo reduction of passive materials in the environments with reflections induced by boundaries and low frequency sources.

The Impact of Automation in Service Industries＂ An Empirical Study

Academic research into service industries has explored the characteristics of interpersonal interactions between employees and customers, but there are few studies addressing the issues of consumer interaction with technology and its influence on the objectives and results of the operations subsystem. This study examines the elements of the service encounter, and the changes automation originates in them and their relationships. The paper also examines changes in the elements and results of the operations subsystem, as a result of automation. We propose that the customer＇s relationship with employees and/or technology and automated systems for the service impact the objectives and results of the operations subsystem, all of which could have an effect on the company＇s competitive position. The empirical study is focused on four industries, namely, toll motorways, car parks, carwash and video/DVD rental companies, in an attempt to identify objectives that lead companies to implement automated processes affecting the customer＇s relationship with the company. The hypotheses generated are contrasted with a structural equation modelling. The results confirm that the customer＇s relationship with employees and automated systems for the service impacts the objectives and results of the operations subsystem. Also, the results show how automation can enable firms simultaneously to achieve acceptable levels of flexibility and productivity, two dimensions that have traditionally been considered opposites.

THE INVESTIGATION OF VORTEX METHOD AND ITS APPLICATION TO DRAG REDUCTION TECHNOLOGY

The flow past a circular cylinder and airfoil with varying mathematical roughness function are numerically simulated. A new model about blowing and suction is constructed by using the concept of mathematical roughness function. The flow field and the drag are investigated through this new model. By the numerical study about bluff body, some conclusions are drawn to reduce the drag.