Purpose–Revenue management(RM)is a significant technique to improve revenue with limited resources.With the macro environment of dramatically increasing transit capacity and rapid railway transport development in Chi...Purpose–Revenue management(RM)is a significant technique to improve revenue with limited resources.With the macro environment of dramatically increasing transit capacity and rapid railway transport development in China,it is necessary to involve the theory of RM into the operation and decision of railway passenger transport.Design/methodology/approach–This paper proposes the theory and framework of generalized RM of railway passenger transport(RMRPT),and the thoughts and methods of the main techniques in RMRPT,involving demand forecasting,line planning,inventory control,pricing strategies and information systems,are all studied and elaborated.The involved methods and techniques provide a sequential process to help with the decision-making for each stage of RMRPT.The corresponding techniques are integrated into the information system to support practical businesses in railway passenger transport.Findings–The combination of the whole techniques devotes to railway benefit improvement and transit resource utilization and has been applied into the practical operation and organization of railway passenger transport.Originality/value–The development of RMRPT would provide theoretical and technical support for the improvement of service quality as well as railway benefits and efficiency.展开更多
In a monetary economy, expenditure induces revenue for each agent. We call this the revenue induction phenomenon. Moreover, in a special case, part of the expenditure by an agent returns as their own revenue. We call ...In a monetary economy, expenditure induces revenue for each agent. We call this the revenue induction phenomenon. Moreover, in a special case, part of the expenditure by an agent returns as their own revenue. We call this the expenditure reflux phenomenon. Although the existence of these phenomena is known from the olden days, this paper aims to achieve a more precise quantification of them. We first derive the revenue induction formula through solving the partial money circulation equation. Then, for a special case, we derive the expenditure reflux formula. Furthermore, this paper defines the revenue induction coefficient and the expenditure reflux coefficient, which are the key concepts for understanding the two formulas, and examines their range.展开更多
This paper empirically examined the impact of fiscal policy on inflation in Nigeria.Time series data on inflation,government revenue,government expenditure,and gross domestic product were sourced from the Central Bank...This paper empirically examined the impact of fiscal policy on inflation in Nigeria.Time series data on inflation,government revenue,government expenditure,and gross domestic product were sourced from the Central Bank of Nigeria(CBN).The aforementioned secondary data cover the period from 1981 to 2021.The Augmented Dickey Fuller(ADF)unit root test and Johansen co-integration test were used to testing for data stationarity and the existence or otherwise of co-integrating equations respectively.Thereafter,data were analyzed using Ordinary Least Square and Parsimonious Error Correction techniques.Findings from the study show that government expenditure and revenue both have a positive relationship with the rate of inflation,though the latter is not statistically significant.Also,there is a positive but insignificant relationship between inflation and gross domestic product.In line with the above findings,we,therefore,recommend that the Nigerian government at all levels(local,state,and federal)should be tactful in the use of fiscal policy tools to avoid triggering inflationary pressure and its negative multiplier effects on the welfare of its citizenry.展开更多
Decoupling of revenues with network traffic and extreme penetration of expenses in wireless network leads to the critical situation for wireless service providers (WSP), as more wireless network is complex due to its ...Decoupling of revenues with network traffic and extreme penetration of expenses in wireless network leads to the critical situation for wireless service providers (WSP), as more wireless network is complex due to its heterogeneity in the context of planning, software & hardware installation, radio parameters setting, drive testing, optimization, healing and maintenance. These operations are time-consuming, labor & budget-intensive and error-prone if activated manually. Hence new approaches have to be designed and applied to meet those demands in a cost-effective way, Self-organizing networks (SON), is a promising approach to handle manual tasks with autonomous manners. More specifically the self-directed functions (self-planning, self-deployment, self-configuration, self-optimization and self-healing) are aid to reduce capital expenditure (CAPEX), implementation expenditure (IMPEX) and operational expenditure (OPEX). In this study, first we investigate the aforementioned impact factors of cost combined with self-functions. Then, we analyze the relative cost benefits causing from deploying the SON functions, using the economical method to have more precise results concerning those potential benefits. At last, the result shows that there is a significant difference in expenses and revenues of WSP with and without SON after enabling self-functions in wireless network.展开更多
基金China State Railway Group Co.,Ltd(No.K2023X030)China Academy of Railway Sciences Corporation Limited(No.2021YJ017).
文摘Purpose–Revenue management(RM)is a significant technique to improve revenue with limited resources.With the macro environment of dramatically increasing transit capacity and rapid railway transport development in China,it is necessary to involve the theory of RM into the operation and decision of railway passenger transport.Design/methodology/approach–This paper proposes the theory and framework of generalized RM of railway passenger transport(RMRPT),and the thoughts and methods of the main techniques in RMRPT,involving demand forecasting,line planning,inventory control,pricing strategies and information systems,are all studied and elaborated.The involved methods and techniques provide a sequential process to help with the decision-making for each stage of RMRPT.The corresponding techniques are integrated into the information system to support practical businesses in railway passenger transport.Findings–The combination of the whole techniques devotes to railway benefit improvement and transit resource utilization and has been applied into the practical operation and organization of railway passenger transport.Originality/value–The development of RMRPT would provide theoretical and technical support for the improvement of service quality as well as railway benefits and efficiency.
文摘In a monetary economy, expenditure induces revenue for each agent. We call this the revenue induction phenomenon. Moreover, in a special case, part of the expenditure by an agent returns as their own revenue. We call this the expenditure reflux phenomenon. Although the existence of these phenomena is known from the olden days, this paper aims to achieve a more precise quantification of them. We first derive the revenue induction formula through solving the partial money circulation equation. Then, for a special case, we derive the expenditure reflux formula. Furthermore, this paper defines the revenue induction coefficient and the expenditure reflux coefficient, which are the key concepts for understanding the two formulas, and examines their range.
文摘This paper empirically examined the impact of fiscal policy on inflation in Nigeria.Time series data on inflation,government revenue,government expenditure,and gross domestic product were sourced from the Central Bank of Nigeria(CBN).The aforementioned secondary data cover the period from 1981 to 2021.The Augmented Dickey Fuller(ADF)unit root test and Johansen co-integration test were used to testing for data stationarity and the existence or otherwise of co-integrating equations respectively.Thereafter,data were analyzed using Ordinary Least Square and Parsimonious Error Correction techniques.Findings from the study show that government expenditure and revenue both have a positive relationship with the rate of inflation,though the latter is not statistically significant.Also,there is a positive but insignificant relationship between inflation and gross domestic product.In line with the above findings,we,therefore,recommend that the Nigerian government at all levels(local,state,and federal)should be tactful in the use of fiscal policy tools to avoid triggering inflationary pressure and its negative multiplier effects on the welfare of its citizenry.
文摘Decoupling of revenues with network traffic and extreme penetration of expenses in wireless network leads to the critical situation for wireless service providers (WSP), as more wireless network is complex due to its heterogeneity in the context of planning, software & hardware installation, radio parameters setting, drive testing, optimization, healing and maintenance. These operations are time-consuming, labor & budget-intensive and error-prone if activated manually. Hence new approaches have to be designed and applied to meet those demands in a cost-effective way, Self-organizing networks (SON), is a promising approach to handle manual tasks with autonomous manners. More specifically the self-directed functions (self-planning, self-deployment, self-configuration, self-optimization and self-healing) are aid to reduce capital expenditure (CAPEX), implementation expenditure (IMPEX) and operational expenditure (OPEX). In this study, first we investigate the aforementioned impact factors of cost combined with self-functions. Then, we analyze the relative cost benefits causing from deploying the SON functions, using the economical method to have more precise results concerning those potential benefits. At last, the result shows that there is a significant difference in expenses and revenues of WSP with and without SON after enabling self-functions in wireless network.
