This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital cos...This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital costs fairly and reasonably among polluters in total emission control was analyzed. Then the possibility of applying game theory to the issue of the optimal capital cost allocation was expounded. Next the cooperative N person game model of the optimal capital cost allocation and its solution ways including method based on Shapley value, least core method, weak least core methods, proportional least core method, CGA method, MCRS method and so on were delineated. Finally through application of these methods it was concluded that to apply game theory in the optimal capital cost allocation issue is helpful to implement the total emission control planning schemes successfully, to control pollution effectively, and to ensure sustainable development.展开更多
This paper describes the significant cost saving opportunities for consumers in developing countries by the use of a simple non-cooperative game theoretic mathematical model for demandside management techniques to mit...This paper describes the significant cost saving opportunities for consumers in developing countries by the use of a simple non-cooperative game theoretic mathematical model for demandside management techniques to mitigate the massive use of diesel back-up during grid outages and also other cost optimization schemes. Application of real time load scheduling optimization is investigated during power outages, for residential consumer in India. This method involves a beautiful formulation of a non–cooperation behavior between the diesel generator & the residential consumer during power outages. This involves a tree model with a two player game, where in player one is the diesel generator & player two is the consumer. Depending on the duration of the outage & the consumers limit on the cost for energy different cost optimization strategies can be generated. The load types modeled include passive loads and schedulable, i.e. typically heavy loads. It is found that this DSM schemes show excellent benefits to the consumer. The maximum diesel savings for the consumer due to strategy formulation can be approximately ranging from 45% to as high as 75% for a flat-tariff grid. The study also showed that the actual savings potential depends on the timing of power outage, duration and the specific load characteristics.展开更多
Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms' com...Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms' competitive advantage in relation to cost leadership strategy. Consequently, firms have implemented contemporary cost management systems, such as activity-based management, business process re-engineering, life-cycle costing, target costing, and theory of constraint (TOC), to enable them to become low-cost producers and compete effectively and sustain their performance. Furthermore, focusing on cost management to improve profitability has led to the integration of activity-based costing (ABC) and TOC. Therefore, the aim of this study is to review literature and discuss how integration of ABC and TOC can result in improved and sustained cost management. While these methods have different approaches in addressing cost management, treating them as complementary cost management approaches can result in improved cost management due to improved product costing, improved cost reporting, improved product-mix decisions, and improved cycle-time management. Improvement in cost management will then result in sustained cost management. Sustained cost management is further enhanced with the investment in information customer and shareholder value technology that supports cross-functional decision making to continue creating to remain competitive in the market.展开更多
Design For Cost (DFC) is a branch of Design For X (DFX). In this paper, wedefined DFC as a design method that analyzed and evaluated the product's life cycle cost (LCC), thenmodified the design to reduce the LCC. ...Design For Cost (DFC) is a branch of Design For X (DFX). In this paper, wedefined DFC as a design method that analyzed and evaluated the product's life cycle cost (LCC), thenmodified the design to reduce the LCC. Nowadays it is a very difficult thing to obtain LCC data inChina or in developing countries. Statistical methods can not be used because available LCC data arefew. In order to solve this problem, we used grey system theory. Then relations of cost factorswere analyzed in LCC using grey relevant methods, and a GM(1,1) model between design parameters andLCC was established. Using this model, we can estimate and control LCC by changing design parametersat the beginning of the design stage.展开更多
Inter-plant heat integration is an effective way for energy recovery in process industry. Although inter-plant heat integration can significantly reduce energy consumption, it is not widely applied in the multiple sta...Inter-plant heat integration is an effective way for energy recovery in process industry. Although inter-plant heat integration can significantly reduce energy consumption, it is not widely applied in the multiple stakeholders’ situation due to profit or cost distribution problems. Therefore, this work considers both the technique aspects of heat integration and its business aspects between stakeholders simultaneously. The new proposed methodology consists of three steps. Firstly the optimal matching of heat integration between plants is obtained through mathematical programming. Then the cost distribution is decided through game theory. Finally the cost distribution obtained previous is corrected by an ideal expert model. A case study is used to illustrate the effectiveness of the method in the end of the work.展开更多
A two-level supply chain model involving one supplier and one retailer with linear demand is developed, and supply chain coordination mechanisms under asymmetric information (the retailer' s cost structure is asymme...A two-level supply chain model involving one supplier and one retailer with linear demand is developed, and supply chain coordination mechanisms under asymmetric information (the retailer' s cost structure is asymmetric information) are proposed by employing game theory in two scenarios: coordination mechanisms under asymmetric information in a regular scenario (without disruption); and coordination mechanisms under asymmetric information in an irregular scenario ( with retailer cost disruptions). It is optimal for the supply chain to maintain the original production plan and to guarantee a steadily running system if variations of retailer costs are sufficiently low and do not exceed an upper bound. This shows that the original production plan has certain robustness under disruptions. Decisions must be re-made if a retailer' s cost change is greater and exceeds an upper bound. Impacts of retailer cost disruptions on the order quantity, the retail price, the wholesale price and each party' s as well as the system' s expected profits are investigated through numerical analyses.展开更多
文摘This paper tries to integrate game theory, a very useful tool to resolve conflict phenomena, with optimal capital cost allocation issue in total emission control. First the necessity of allocating optimal capital costs fairly and reasonably among polluters in total emission control was analyzed. Then the possibility of applying game theory to the issue of the optimal capital cost allocation was expounded. Next the cooperative N person game model of the optimal capital cost allocation and its solution ways including method based on Shapley value, least core method, weak least core methods, proportional least core method, CGA method, MCRS method and so on were delineated. Finally through application of these methods it was concluded that to apply game theory in the optimal capital cost allocation issue is helpful to implement the total emission control planning schemes successfully, to control pollution effectively, and to ensure sustainable development.
文摘This paper describes the significant cost saving opportunities for consumers in developing countries by the use of a simple non-cooperative game theoretic mathematical model for demandside management techniques to mitigate the massive use of diesel back-up during grid outages and also other cost optimization schemes. Application of real time load scheduling optimization is investigated during power outages, for residential consumer in India. This method involves a beautiful formulation of a non–cooperation behavior between the diesel generator & the residential consumer during power outages. This involves a tree model with a two player game, where in player one is the diesel generator & player two is the consumer. Depending on the duration of the outage & the consumers limit on the cost for energy different cost optimization strategies can be generated. The load types modeled include passive loads and schedulable, i.e. typically heavy loads. It is found that this DSM schemes show excellent benefits to the consumer. The maximum diesel savings for the consumer due to strategy formulation can be approximately ranging from 45% to as high as 75% for a flat-tariff grid. The study also showed that the actual savings potential depends on the timing of power outage, duration and the specific load characteristics.
文摘Implementing effective cost management approaches has recently gained momentum due to intense competition and increasing customer demands. Moreover, effective cost management approaches have contributed to firms' competitive advantage in relation to cost leadership strategy. Consequently, firms have implemented contemporary cost management systems, such as activity-based management, business process re-engineering, life-cycle costing, target costing, and theory of constraint (TOC), to enable them to become low-cost producers and compete effectively and sustain their performance. Furthermore, focusing on cost management to improve profitability has led to the integration of activity-based costing (ABC) and TOC. Therefore, the aim of this study is to review literature and discuss how integration of ABC and TOC can result in improved and sustained cost management. While these methods have different approaches in addressing cost management, treating them as complementary cost management approaches can result in improved cost management due to improved product costing, improved cost reporting, improved product-mix decisions, and improved cycle-time management. Improvement in cost management will then result in sustained cost management. Sustained cost management is further enhanced with the investment in information customer and shareholder value technology that supports cross-functional decision making to continue creating to remain competitive in the market.
文摘Design For Cost (DFC) is a branch of Design For X (DFX). In this paper, wedefined DFC as a design method that analyzed and evaluated the product's life cycle cost (LCC), thenmodified the design to reduce the LCC. Nowadays it is a very difficult thing to obtain LCC data inChina or in developing countries. Statistical methods can not be used because available LCC data arefew. In order to solve this problem, we used grey system theory. Then relations of cost factorswere analyzed in LCC using grey relevant methods, and a GM(1,1) model between design parameters andLCC was established. Using this model, we can estimate and control LCC by changing design parametersat the beginning of the design stage.
基金Financial supports from Science Foundation of China University of PetroleumBeijing (No. 2462018BJC004)。
文摘Inter-plant heat integration is an effective way for energy recovery in process industry. Although inter-plant heat integration can significantly reduce energy consumption, it is not widely applied in the multiple stakeholders’ situation due to profit or cost distribution problems. Therefore, this work considers both the technique aspects of heat integration and its business aspects between stakeholders simultaneously. The new proposed methodology consists of three steps. Firstly the optimal matching of heat integration between plants is obtained through mathematical programming. Then the cost distribution is decided through game theory. Finally the cost distribution obtained previous is corrected by an ideal expert model. A case study is used to illustrate the effectiveness of the method in the end of the work.
基金The National Natural Science Foundation of China(No70671021)Jiangsu Postdoctoral Foundation (No0601015C)
文摘A two-level supply chain model involving one supplier and one retailer with linear demand is developed, and supply chain coordination mechanisms under asymmetric information (the retailer' s cost structure is asymmetric information) are proposed by employing game theory in two scenarios: coordination mechanisms under asymmetric information in a regular scenario (without disruption); and coordination mechanisms under asymmetric information in an irregular scenario ( with retailer cost disruptions). It is optimal for the supply chain to maintain the original production plan and to guarantee a steadily running system if variations of retailer costs are sufficiently low and do not exceed an upper bound. This shows that the original production plan has certain robustness under disruptions. Decisions must be re-made if a retailer' s cost change is greater and exceeds an upper bound. Impacts of retailer cost disruptions on the order quantity, the retail price, the wholesale price and each party' s as well as the system' s expected profits are investigated through numerical analyses.