The article deals with an economic order quantity (EOQ) inventory model for deteriorating items in which the supplier provides the purchaser a permissible delay in payment. This is so when deterioration of units in th...The article deals with an economic order quantity (EOQ) inventory model for deteriorating items in which the supplier provides the purchaser a permissible delay in payment. This is so when deterioration of units in the inventory is subject to constant deterioration rate, demand rate is quadratic function of time and salvage value is associated with the deteriorated units. Shortages in the system are not allowed to occur. A mathematical formulation is developed when the supplier offers a permissible delay period to the customers under two circumstances: 1) when delay period is less than the cycle of time;and 2) when delay period is greater than the cycle of time. The method is suitable for the items like state-of-the-art aircrafts, super computers, laptops, android mobiles, seasonal items and machines and their spare parts. A solution procedure algorithm is given for finding the optimal order quantity which minimizes the total cost of an inventory system. The article includes numerical examples to support the effectiveness of the developed model. Finally, sensitivity analysis on some parameters on optimal solution is provided.展开更多
We show that the time-dependent two-mode Fresnel operator is just the time-evolutional unitary operator governed by the Hamiltonian composed of quadratic combination of canonical operators in the way of exhibiting SU...We show that the time-dependent two-mode Fresnel operator is just the time-evolutional unitary operator governed by the Hamiltonian composed of quadratic combination of canonical operators in the way of exhibiting SU(1,1) algebra. This is an approach for obtaining the time-dependent Hamiltonian from the preassigned time evolution in classical phase space, an approach which is in contrast to Lewis-Riesenfeld's invariant operator theory of treating timedependent harmonic oscillators.展开更多
The propagator for a time-dependent damped harmonic oscillator with a force quadratic in velocity is obtained by making a specific coordinate transformation and by using the method of time-dependent invariant.
Using an algebraic approach, it is possible to obtain the temporal evolution wave function for a Gaussian wavepacket obeying the quadratic time-dependent Hamiltonian(QTDH). However, in general, most of the practical c...Using an algebraic approach, it is possible to obtain the temporal evolution wave function for a Gaussian wavepacket obeying the quadratic time-dependent Hamiltonian(QTDH). However, in general, most of the practical cases are not exactly solvable, for we need general solutions of the Riccatti equations which are not generally known. We therefore bypass directly solving for the temporal evolution wave function, and study its inverse problem. We start with a particular evolution of the wave-packet, and get the required Hamiltonian by using the inverse method. The inverse approach opens up a new way to find new exact solutions to the QTDH. Some typical examples are studied in detail. For a specific timedependent periodic harmonic oscillator, the Berry phase is obtained exactly.展开更多
The present paper focuses an optimal policy of an inventory model for deteriorating items with generalized demand rate and deterioration rate. Shortages are allowed and partially backlogged. The salvage value is inclu...The present paper focuses an optimal policy of an inventory model for deteriorating items with generalized demand rate and deterioration rate. Shortages are allowed and partially backlogged. The salvage value is included into deteriorated units. The main objective of the model is to minimize the total cost by optimizing the value of the shortage point, cycle length and order quantity. A numerical example is carried out to illustrate the model and sensitivity analyses of major parameters are discussed.展开更多
In this paper, an EOQ inventory model is developed for deteriorating items with variable rates of deterioration and conditions of grace periods when demand is a quadratic function of time. The deterioration rate consi...In this paper, an EOQ inventory model is developed for deteriorating items with variable rates of deterioration and conditions of grace periods when demand is a quadratic function of time. The deterioration rate considered here is a special type of Weibull distribution deterioration rate, i.e., a one-parameter Weibull distribution deterioration rate and it increases with respect to time. The quadratic demand precisely depicts of the demand of seasonal items, fashion apparels, cosmetics, and newly launched essential commodities like android mobiles, laptops, automobiles etc., coming to the market. The model is divided into three policies according to the occurrence of the grace periods. Shortages, backlogging and complete backlogging cases are not allowed to occur in the model. The proposed model is well-explained with the help of a simple solution procedure. The three numerical examples are taken to illustrate the effectiveness of the EOQ inventory model along with sensitivity analysis.展开更多
In recent years, Rwanda’s rapid economic development has created the “Rwanda Africa Wonder”, but it has also led to a substantial increase in energy consumption with the ambitious goal of reaching universal access ...In recent years, Rwanda’s rapid economic development has created the “Rwanda Africa Wonder”, but it has also led to a substantial increase in energy consumption with the ambitious goal of reaching universal access by 2024. Meanwhile, on the basis of the rapid and dynamic connection of new households, there is uncertainty about generating, importing, and exporting energy whichever imposes a significant barrier. Long-Term Load Forecasting (LTLF) will be a key to the country’s utility plan to examine the dynamic electrical load demand growth patterns and facilitate long-term planning for better and more accurate power system master plan expansion. However, a Support Vector Machine (SVM) for long-term electric load forecasting is presented in this paper for accurate load mix planning. Considering that an individual forecasting model usually cannot work properly for LTLF, a hybrid Q-SVM will be introduced to improve forecasting accuracy. Finally, effectively assess model performance and efficiency, error metrics, and model benchmark parameters there assessed. The case study demonstrates that the new strategy is quite useful to improve LTLF accuracy. The historical electric load data of Rwanda Energy Group (REG), a national utility company from 1998 to 2020 was used to test the forecast model. The simulation results demonstrate the proposed algorithm enhanced better forecasting accuracy.展开更多
In a declining market for goods,we optimize the net profit in business when inventory management allows change in the selling prices n times over time horizon.We are computing optimal number of changes in prices,respe...In a declining market for goods,we optimize the net profit in business when inventory management allows change in the selling prices n times over time horizon.We are computing optimal number of changes in prices,respective optimal prices,and optimal profit in each of the cycle for a deteriorating product.This paper theoretically proves that for any business setup there exists an optimal number of price settings for obtaining maximum profit.Theoretical results are supported by numerical examples for different setups(data set)and it is found that for every setup the dynamic pricing policy out-performs the static pricing policy.In our model,the deterioration factor has been taken into consideration.The deteriorated units are determined by the recurrence method.Also we studied the effect of different parameters on optimal policy with simulation.For managerial purposes,we have provided some“suggested intervals”for choosing parameters depending upon initial demand,which help to predict the best prices and arrival of customers(demand).展开更多
文摘The article deals with an economic order quantity (EOQ) inventory model for deteriorating items in which the supplier provides the purchaser a permissible delay in payment. This is so when deterioration of units in the inventory is subject to constant deterioration rate, demand rate is quadratic function of time and salvage value is associated with the deteriorated units. Shortages in the system are not allowed to occur. A mathematical formulation is developed when the supplier offers a permissible delay period to the customers under two circumstances: 1) when delay period is less than the cycle of time;and 2) when delay period is greater than the cycle of time. The method is suitable for the items like state-of-the-art aircrafts, super computers, laptops, android mobiles, seasonal items and machines and their spare parts. A solution procedure algorithm is given for finding the optimal order quantity which minimizes the total cost of an inventory system. The article includes numerical examples to support the effectiveness of the developed model. Finally, sensitivity analysis on some parameters on optimal solution is provided.
基金The project supported by National Natural Science Foundation of China under Grant No. 10475056.
文摘We show that the time-dependent two-mode Fresnel operator is just the time-evolutional unitary operator governed by the Hamiltonian composed of quadratic combination of canonical operators in the way of exhibiting SU(1,1) algebra. This is an approach for obtaining the time-dependent Hamiltonian from the preassigned time evolution in classical phase space, an approach which is in contrast to Lewis-Riesenfeld's invariant operator theory of treating timedependent harmonic oscillators.
文摘The propagator for a time-dependent damped harmonic oscillator with a force quadratic in velocity is obtained by making a specific coordinate transformation and by using the method of time-dependent invariant.
基金supported by the National Natural Science Foundation of China(Grant No.11347171)the Natural Science Foundation of Hebei Province of China(Grant No.A2012108003)the Key Project of Educational Commission of Hebei Province of China(Grant No.ZD2014052)
文摘Using an algebraic approach, it is possible to obtain the temporal evolution wave function for a Gaussian wavepacket obeying the quadratic time-dependent Hamiltonian(QTDH). However, in general, most of the practical cases are not exactly solvable, for we need general solutions of the Riccatti equations which are not generally known. We therefore bypass directly solving for the temporal evolution wave function, and study its inverse problem. We start with a particular evolution of the wave-packet, and get the required Hamiltonian by using the inverse method. The inverse approach opens up a new way to find new exact solutions to the QTDH. Some typical examples are studied in detail. For a specific timedependent periodic harmonic oscillator, the Berry phase is obtained exactly.
文摘The present paper focuses an optimal policy of an inventory model for deteriorating items with generalized demand rate and deterioration rate. Shortages are allowed and partially backlogged. The salvage value is included into deteriorated units. The main objective of the model is to minimize the total cost by optimizing the value of the shortage point, cycle length and order quantity. A numerical example is carried out to illustrate the model and sensitivity analyses of major parameters are discussed.
文摘In this paper, an EOQ inventory model is developed for deteriorating items with variable rates of deterioration and conditions of grace periods when demand is a quadratic function of time. The deterioration rate considered here is a special type of Weibull distribution deterioration rate, i.e., a one-parameter Weibull distribution deterioration rate and it increases with respect to time. The quadratic demand precisely depicts of the demand of seasonal items, fashion apparels, cosmetics, and newly launched essential commodities like android mobiles, laptops, automobiles etc., coming to the market. The model is divided into three policies according to the occurrence of the grace periods. Shortages, backlogging and complete backlogging cases are not allowed to occur in the model. The proposed model is well-explained with the help of a simple solution procedure. The three numerical examples are taken to illustrate the effectiveness of the EOQ inventory model along with sensitivity analysis.
文摘In recent years, Rwanda’s rapid economic development has created the “Rwanda Africa Wonder”, but it has also led to a substantial increase in energy consumption with the ambitious goal of reaching universal access by 2024. Meanwhile, on the basis of the rapid and dynamic connection of new households, there is uncertainty about generating, importing, and exporting energy whichever imposes a significant barrier. Long-Term Load Forecasting (LTLF) will be a key to the country’s utility plan to examine the dynamic electrical load demand growth patterns and facilitate long-term planning for better and more accurate power system master plan expansion. However, a Support Vector Machine (SVM) for long-term electric load forecasting is presented in this paper for accurate load mix planning. Considering that an individual forecasting model usually cannot work properly for LTLF, a hybrid Q-SVM will be introduced to improve forecasting accuracy. Finally, effectively assess model performance and efficiency, error metrics, and model benchmark parameters there assessed. The case study demonstrates that the new strategy is quite useful to improve LTLF accuracy. The historical electric load data of Rwanda Energy Group (REG), a national utility company from 1998 to 2020 was used to test the forecast model. The simulation results demonstrate the proposed algorithm enhanced better forecasting accuracy.
文摘In a declining market for goods,we optimize the net profit in business when inventory management allows change in the selling prices n times over time horizon.We are computing optimal number of changes in prices,respective optimal prices,and optimal profit in each of the cycle for a deteriorating product.This paper theoretically proves that for any business setup there exists an optimal number of price settings for obtaining maximum profit.Theoretical results are supported by numerical examples for different setups(data set)and it is found that for every setup the dynamic pricing policy out-performs the static pricing policy.In our model,the deterioration factor has been taken into consideration.The deteriorated units are determined by the recurrence method.Also we studied the effect of different parameters on optimal policy with simulation.For managerial purposes,we have provided some“suggested intervals”for choosing parameters depending upon initial demand,which help to predict the best prices and arrival of customers(demand).