BT(Build and Transfer)模式作为一种新型的有利于吸引民间资本和国外资本的投融资模式,在我国日益受到重视。由于BT模式运作的复杂性,项目发起人必须加强投资控制,对回购基价实施有效管理。研究选择影响回购基价的因素之一即工期延误,...BT(Build and Transfer)模式作为一种新型的有利于吸引民间资本和国外资本的投融资模式,在我国日益受到重视。由于BT模式运作的复杂性,项目发起人必须加强投资控制,对回购基价实施有效管理。研究选择影响回购基价的因素之一即工期延误,探讨其对回购基价的影响机理;通过算例计算可原谅的工期延误引起的项目回购基价增加值,验证其影响的机理及因素;最后提出可原谅工期延误造成回购基价增加的防范措施。研究结果表明:项目回购基价增加的根源在于工期延长而造成的建设期资金成本的增加,增加额的影响因素包括可原谅工期延误事件发生的时点、造成总工期延误的时间、已投入工程的资金数额、约定的融资费用计算规则。防范工期延误造成的回购基价增加,关键在于理清工期延误的责任归属;BT合同条款的限定、工程建设过程中对工期延误事件的及时分析、处理和计算是控制项目回购基价的有效途径。展开更多
Along with the rapid development of economics and enhancement of industrialization, the power demand keeps rising and frequently creates mismatch between demand and supply in electricity.This provides miscellaneous en...Along with the rapid development of economics and enhancement of industrialization, the power demand keeps rising and frequently creates mismatch between demand and supply in electricity.This provides miscellaneous energy buy-back programs with great opportunities. Such programs, when activated, offer certain amount of financial compensations to participants for reducing their energy consumption during peak time. They aim at encouraging participants to shift their electricity usage from peak to non-peak time, and thereby release the demand pressure during peak time. This paper considers a periodic-review joint pricing and inventory decision model under an energy buy-back program over finite planning horizons, in which the compensation levels, setup cost and additive random demand function are incorporated. The objective is to maximize a manufacturer's expected total profit.By using Veinott's conditions, it is shown that the manufacturer's optimal decision is a state dependent(s, S, P) policy under a peak market condition, or partly an(s, S, A, P) policy under the normal market condition.展开更多
文摘BT(Build and Transfer)模式作为一种新型的有利于吸引民间资本和国外资本的投融资模式,在我国日益受到重视。由于BT模式运作的复杂性,项目发起人必须加强投资控制,对回购基价实施有效管理。研究选择影响回购基价的因素之一即工期延误,探讨其对回购基价的影响机理;通过算例计算可原谅的工期延误引起的项目回购基价增加值,验证其影响的机理及因素;最后提出可原谅工期延误造成回购基价增加的防范措施。研究结果表明:项目回购基价增加的根源在于工期延长而造成的建设期资金成本的增加,增加额的影响因素包括可原谅工期延误事件发生的时点、造成总工期延误的时间、已投入工程的资金数额、约定的融资费用计算规则。防范工期延误造成的回购基价增加,关键在于理清工期延误的责任归属;BT合同条款的限定、工程建设过程中对工期延误事件的及时分析、处理和计算是控制项目回购基价的有效途径。
基金partially supported by Young Faculty Research Fund of Beijing Foreign Studies University(2015JT005)YETP(YETP0851)+3 种基金the National Natural Science Foundation of China(71371032)Key Project of Beijing Foreign Studies University Research Programs(2011XG003)the Humanities and Social Science Research Project of Ministry of Education(13YJA630125)the Fundamental Research Funds for the Central Universities
文摘Along with the rapid development of economics and enhancement of industrialization, the power demand keeps rising and frequently creates mismatch between demand and supply in electricity.This provides miscellaneous energy buy-back programs with great opportunities. Such programs, when activated, offer certain amount of financial compensations to participants for reducing their energy consumption during peak time. They aim at encouraging participants to shift their electricity usage from peak to non-peak time, and thereby release the demand pressure during peak time. This paper considers a periodic-review joint pricing and inventory decision model under an energy buy-back program over finite planning horizons, in which the compensation levels, setup cost and additive random demand function are incorporated. The objective is to maximize a manufacturer's expected total profit.By using Veinott's conditions, it is shown that the manufacturer's optimal decision is a state dependent(s, S, P) policy under a peak market condition, or partly an(s, S, A, P) policy under the normal market condition.
