Recently, price contract models between suppliers and retailers, with stochastic demand have been analyzed based on well-known newsvendor problems. In Bernstein and Federgruen [6], they have analyzed a contract model ...Recently, price contract models between suppliers and retailers, with stochastic demand have been analyzed based on well-known newsvendor problems. In Bernstein and Federgruen [6], they have analyzed a contract model with single supplier and multiples retailers and price dependent demand, where retailers compete on retail prices. Each retailer decides a number of products he procures from the supplier and his retail price to maximize his own profit. This is achieved after giving the wholesale and buy-back prices, which are determined by the supplier as the supplier’s profit is maximized. Bernstein and Federgruen have proved that the retail prices become a unique Nash equilibrium solution under weak conditions on the price dependent distribution of demand. The authors, however, have not mentioned the numerical values and proprieties on these retail prices, the number of products and their individual and overall profits. In this paper, we analyze the model numerically. We first indicate some numerical problems with respect to theorem of Nash equilibrium solutions, which Bernstein and Federgruen proved, and we show their modified results. Then, we compute numerically Nash equilibrium prices, optimal wholesale and buy-back prices for the supplier’s and retailers’ profits, and supply chain optimal retailers’ prices. We also discuss properties on relation between these values and the demand distribution.展开更多
This paper puts forward a rigorous approach for a sensitivity analysis of stochastic user equilibrium with the elastic demand (SUEED) model. First, proof is given for the existence of derivatives of output variables...This paper puts forward a rigorous approach for a sensitivity analysis of stochastic user equilibrium with the elastic demand (SUEED) model. First, proof is given for the existence of derivatives of output variables with respect to the perturbation parameters for the SUEED model. Then by taking advantage of the gradient-based method for sensitivity analysis of a general nonlinear program, detailed formulae are developed for calculating the derivatives of designed variables with respect to perturbation parameters at the equilibrium state of the SUEED model. This method is not only applicable for a sensitivity analysis of the logit-type SUEED problem, but also for the probit-type SUEED problem. The application of the proposed method in a numerical example shows that the proposed method can be used to approximate the equilibrium link flow solutions for both logit-type SUEED and probit-type SUEED problems when small perturbations are introduced in the input parameters.展开更多
A closed-loop supply chain network equilibrium problem is examined,which consists of mutual competitive manufacturers with production capacity constraints and retailers with fuzzy market demands,mutual competitive col...A closed-loop supply chain network equilibrium problem is examined,which consists of mutual competitive manufacturers with production capacity constraints and retailers with fuzzy market demands,mutual competitive collectors as well as a binding price ceiling of the commodities.By utilizing the credibility measure of fuzzy event,variational inequality and Lagrange dual theory,the optimum behaviors of manufactures,retailers,collectors and consumers are described.Therefore,the supply chain network equilibrium model is established.Numerical examples were given to illustrate the impact of production capacity constraints and price ceiling on the network equilibrium pattern.The results show that the shortage of commodities in consumer market will be more serious,the wholesale price of product and purchase price of waste products rise,the profits of retailers decrease,the profits of manufacturers and collectors increase as the government gradually reduce the binding price ceiling on competitive markets,and the trend will be more obvious in the existence of production capacity constraints at same time.展开更多
Contract is a common and effective mechanism for supply chain coordination,which has been studied extensively in recent years.For a supply chain network model,contracts can be used to coordinate it because it is too i...Contract is a common and effective mechanism for supply chain coordination,which has been studied extensively in recent years.For a supply chain network model,contracts can be used to coordinate it because it is too ideal to obtain the network equilibrium state in practical market competition.In order to achieve equilibrium,we introduce revenue sharing contract into a supply chain network equilibrium model with random demand in this paper.Then,we investigate the influence on this network equilibrium state from demand disruptions caused by unexpected emergencies.When demand disruptions happen,the supply chain network equilibrium state will be broken and change to a new one,so the decision makers need to adjust the contract parameters to achieve the new coordinated state through bargaining.Finally,a numerical example with a sudden demand increase as a result of emergent event is provided for illustrative purposes.展开更多
This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance betw...This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance between supply and demand, and optimize the logistics scheme. The model takes minimum logistics cost and resource adjustment cost as the objective function, and takes supply and demand capacity, transportation capacity, mass balance, and resource adjustment rules as constraints.Three adjustment rules are considered in the model, including resource adjustment within oil suppliers,within oil consumers, and between oil consumers. The model is tested on a large-scale primary logistics of a state-owned petroleum enterprise, involving 37 affiliated refineries, 31 procurement departments,286 market depots and dedicated consumers. After the unified optimization, the supply and demand imbalance is eased by 97% and the total cost is saved by 7%, which proves the effectiveness and applicability of the proposed model.展开更多
The small and medium-sized river basins along southeast coast of China hold comparatively abundant water resources.However,the rapid resources urbanization in recent years has produced a series of water problems such ...The small and medium-sized river basins along southeast coast of China hold comparatively abundant water resources.However,the rapid resources urbanization in recent years has produced a series of water problems such as deterioration of river water quality,water shortage and exacerbated floods,which have constrained urban economic development.By applying the principle of triple supply-demand equilibrium,this paper focuses on the estimation of levels of water supply and demand in 2030 at different guarantee probabilities,with a case study of Xiamen city.The results show that water shortage and inefficient utilization are main problems in the city,as the future water supply looks daunting,and a water shortage may hit nearly 2×10^(8)m^(3)in an extraordinarily dry year.Based on current water supply-demand gap and its trend,this paper proposes countermeasures and suggestions for developing and utilizing groundwater resources and improving the utilization rate of water resources,which can supply as a reference for other southeast middle-to-small-sized basin cities in terms of sustainable water resources and water environment protection.展开更多
Based on the analysis of China’s grain production and demand quality grade, this paper uses the non-equidistance GM (1,1) model and the inference algorithm to predict the structural balance of the supply and demand g...Based on the analysis of China’s grain production and demand quality grade, this paper uses the non-equidistance GM (1,1) model and the inference algorithm to predict the structural balance of the supply and demand grades of China’s four major grain crops. The results show that the supply and demand for wheat, corn and rice can maintain a quantitative balance. While, it’s difficult to achieve a quality grade balance in wheat and rice and keep a supply and demand balance in terms of quantity and quality of soybean. Simultaneously, the supply of premium grade corn is greater than the demand. The analysis and prediction results can reflect the existing structural balance matter of grain supply and demand at different quality grades in China, and provide theoretical basis for governments to formulate relevant policies.展开更多
Demand forecasting and big data analytics in supply chain management are gaining interest.This is attributed to the wide range of big data analytics in supply chain management,in addition to demand forecasting,and beh...Demand forecasting and big data analytics in supply chain management are gaining interest.This is attributed to the wide range of big data analytics in supply chain management,in addition to demand forecasting,and behavioral analysis.In this article,we studied the application of big data analytics forecasting in supply chain demand forecasting in the automotive parts industry to propose classifications of these applications,identify gaps,and provide ideas for future research.Algorithms will then be classified and then applied in supply chain management such as neural networks,k-nearest neighbors,time series forecasting,clustering,regression analysis,support vector regression and support vector machines.An extensive hierarchical model for short-term auto parts demand assess-ment was employed to avoid the shortcomings of the earlier models and to close the gap that regarded mainly a single time series.The concept of extensive relevance assessment was proposed,and subsequently methods to reflect the relevance of automotive demand factors were discussed.Using a wide range of skills,the factors and co-factors are expressed in the form of a correlation characteristic matrix to ensure the degree of influence of each factor on the demand for automotive components.Then,it is compared with the existing data and predicted the short-term historical data.The result proved the predictive error is less than 6%,which supports the validity of the prediction method.This research offers the basis for the macroeconomic regulation of the government and the production of auto parts manufacturers.展开更多
This paper presents a new conception model of school transportation supply-demand ratio (STSDR) in order to define the number of school buses needed in a limited area and to describe the conditions of school transport...This paper presents a new conception model of school transportation supply-demand ratio (STSDR) in order to define the number of school buses needed in a limited area and to describe the conditions of school transport system. For this purpose, a mathematical equation was elaborated to simulate the real system based on the school transport conditions and on the estimated results of STSDR from 15 zones of Cuenca city in Ecuador. The data used in our model was collected from several diverse sources (i.e. administrative data and survey data). The estimated results have shown that our equation has described efficiently the school transport system by reaching an accuracy of 96%. Therefore, our model is suitable for statistical estimation given adequate data and will be useful in school transport planning policy. Given that, it is a support model for making decisions which seek efficiency in supply and demand balance.展开更多
A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development targ...A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development target China Dream.Results showed that 1)toward the 2050 China Dream target,total final energy consumption is expected to peak at 3.9 Gtce in 2030 and remain stable until 2050,whereas total primary energy consumption is expected to reach an upper platform by 2040 and around 5.8 Gtce by 2050;2)the proportion of non-fossil fuels is expected to reach approximately 50%and that of natural gas to reach more than 16%by 2050;3)CO2 emissions from energy use are expected to peak at 9.6 Gt by no later than 2030 and then gradually decline to 6.7 Gt by 2050.展开更多
The structure of technological mappings is studied and it is shown that for an important class of technological mappings there exists a continuous strategy of the behavior of firms as arbitrarily close in terms of pro...The structure of technological mappings is studied and it is shown that for an important class of technological mappings there exists a continuous strategy of the behavior of firms as arbitrarily close in terms of profit. The latter is important for building the theory of economic equilibrium, which is an important tool for building the theory of sustainable economic development. Theorems of the existence of economic equilibrium under conditions of uncertainty and under general assumptions about the structure of supply and demand have been proved.展开更多
Urban land intensive use is an important indicator in harmonizing the relationship between land supply and demand. The system dynamics(SD) can be used to construct the feedback loop between urban construction land sup...Urban land intensive use is an important indicator in harmonizing the relationship between land supply and demand. The system dynamics(SD) can be used to construct the feedback loop between urban construction land supply and demand and index variable function. Based on this, this study built a supply and demand system dynamic model of urban construction land for Chang-Zhu-Tan urban agglomeration. This model can simulate the change trends of supply and demand of construction land, industrial land, and residential land in 2016–2030 by three scenarios of low, medium, and high intensity modes. The results showed that the scale of construction land of urban agglomeration is expanding, with a rapid increase rate for the urban construction land. The scale and speed of land use based on the three intensity modes existed differences. The large scale and supply of construction land in the low intensity mode caused easily the waste of land resources. In high intensity mode, the scale and supply of construction land were reduced against the healthy development of new-type urbanization. In the medium intensity mode, the scale and supply of land use adapted to the socio-economic development and at the same time reflected the concept of modern urban development. In addition, the results of this study found that the proportion of industrial land in construction land ranged from 15% to 21%, which increased year by year in the low intensity mode, and decreased slowly and stabilized in medium and high intensity modes. The proportion of residential land in construction land ranged from 27% to 35%, which decreased in the low and the medium intensity modes, and maintained a high level in the higher intensity mode. This study contributes to provide scientific reference for decision-making optimization of land supply and demand, urban planning, and land supply-side reform.展开更多
Based on the commodity property and finance property of gold in the international gold futures market,the influence factors of international gold futures price volatility are analyzed from the perspectives of supply a...Based on the commodity property and finance property of gold in the international gold futures market,the influence factors of international gold futures price volatility are analyzed from the perspectives of supply and demand factors,financial factors and speculation factors.The structural vector autoregression(SVAR)model is applied to investigating the direction and strength of the effects of influence factors on the international gold futures prices and the variance decomposition approach(VDA)is used to compare the contributions of these factors.The results show that the supply and demand factors still play a fundamental role in the international gold futures price volatility and the role of“China’s gold demand”is exaggerated.The financial factors and speculation factors have significant impacts on the international gold futures price volatility,which reflects that the financial property of gold becomes increasingly important.Governments and investors should pay close attention to the financial property of gold futures.展开更多
Along with Chinese economic growth,energy plays a more and more important role in the national economy.The imbalance between insufficient energy supply and huge energy demand has become a major problem in energy utili...Along with Chinese economic growth,energy plays a more and more important role in the national economy.The imbalance between insufficient energy supply and huge energy demand has become a major problem in energy utilization,and energy substitution is attracting more and more attention as a key to the sustainable and sound development of Chinese economy.Explored the possibilities of the mutual substitution of the two types of energy with different functions with game theory in light of the supply capacity.As a con- clusion,there are four equilibrium results corresponding to different levels of supply capac- ity.Subsequently,we carry on the study further by numerical simulation,investigate in one group of results most close to Chinese energy status and find the equilibrium price as well as the demand variation pattern.展开更多
Mathematics is a key factor in achieving the Sustainable Development Goals (SDGs), because of its applicability to real situations. To achieve the set goals in SDG, this paper suggests some mathematical methods that w...Mathematics is a key factor in achieving the Sustainable Development Goals (SDGs), because of its applicability to real situations. To achieve the set goals in SDG, this paper suggests some mathematical methods that will be useful for solving real situations in relation to goals 2 and 12 of SDGs approved by UN when modeled mathematically. The Northwest Corner Method (NWCM), Least Cost Method (LCM), and Vogel Approximation Method (VAM), which are the initial solution methods were examined to ascertain the ideal route of transporting commodities from production facilities to requirement destination while the optimal solution methods involve Stepping Stone Method (SSM), and Modified Distribution Method (MDM), that give the feasible solution which will enhance minimum transportation cost were also thoroughly defined. Subsequent research shall focus on application of the methods in relation to SDGs problems in comparison with other existing methods.展开更多
文摘Recently, price contract models between suppliers and retailers, with stochastic demand have been analyzed based on well-known newsvendor problems. In Bernstein and Federgruen [6], they have analyzed a contract model with single supplier and multiples retailers and price dependent demand, where retailers compete on retail prices. Each retailer decides a number of products he procures from the supplier and his retail price to maximize his own profit. This is achieved after giving the wholesale and buy-back prices, which are determined by the supplier as the supplier’s profit is maximized. Bernstein and Federgruen have proved that the retail prices become a unique Nash equilibrium solution under weak conditions on the price dependent distribution of demand. The authors, however, have not mentioned the numerical values and proprieties on these retail prices, the number of products and their individual and overall profits. In this paper, we analyze the model numerically. We first indicate some numerical problems with respect to theorem of Nash equilibrium solutions, which Bernstein and Federgruen proved, and we show their modified results. Then, we compute numerically Nash equilibrium prices, optimal wholesale and buy-back prices for the supplier’s and retailers’ profits, and supply chain optimal retailers’ prices. We also discuss properties on relation between these values and the demand distribution.
基金The Scientific Innovation Research of College Graduates in Jiangsu Province(No.CXLX13_110)the Young Scientists Fund of National Natural Science Foundation of China(No.51408253)the Young Scientists Fund of Huaiyin Institute of Technology(No.491713328)
文摘This paper puts forward a rigorous approach for a sensitivity analysis of stochastic user equilibrium with the elastic demand (SUEED) model. First, proof is given for the existence of derivatives of output variables with respect to the perturbation parameters for the SUEED model. Then by taking advantage of the gradient-based method for sensitivity analysis of a general nonlinear program, detailed formulae are developed for calculating the derivatives of designed variables with respect to perturbation parameters at the equilibrium state of the SUEED model. This method is not only applicable for a sensitivity analysis of the logit-type SUEED problem, but also for the probit-type SUEED problem. The application of the proposed method in a numerical example shows that the proposed method can be used to approximate the equilibrium link flow solutions for both logit-type SUEED and probit-type SUEED problems when small perturbations are introduced in the input parameters.
基金study by the National Natural Science Foundation of China,Shandong province by the National Science Foundation Project,Project number:71202142,ZR2012GM002
文摘A closed-loop supply chain network equilibrium problem is examined,which consists of mutual competitive manufacturers with production capacity constraints and retailers with fuzzy market demands,mutual competitive collectors as well as a binding price ceiling of the commodities.By utilizing the credibility measure of fuzzy event,variational inequality and Lagrange dual theory,the optimum behaviors of manufactures,retailers,collectors and consumers are described.Therefore,the supply chain network equilibrium model is established.Numerical examples were given to illustrate the impact of production capacity constraints and price ceiling on the network equilibrium pattern.The results show that the shortage of commodities in consumer market will be more serious,the wholesale price of product and purchase price of waste products rise,the profits of retailers decrease,the profits of manufacturers and collectors increase as the government gradually reduce the binding price ceiling on competitive markets,and the trend will be more obvious in the existence of production capacity constraints at same time.
基金supported by the National Key Technology R&D Program of China (No. 2006BAH02A06)"333 Engineering"Project of Jiangsu Province
文摘Contract is a common and effective mechanism for supply chain coordination,which has been studied extensively in recent years.For a supply chain network model,contracts can be used to coordinate it because it is too ideal to obtain the network equilibrium state in practical market competition.In order to achieve equilibrium,we introduce revenue sharing contract into a supply chain network equilibrium model with random demand in this paper.Then,we investigate the influence on this network equilibrium state from demand disruptions caused by unexpected emergencies.When demand disruptions happen,the supply chain network equilibrium state will be broken and change to a new one,so the decision makers need to adjust the contract parameters to achieve the new coordinated state through bargaining.Finally,a numerical example with a sudden demand increase as a result of emergent event is provided for illustrative purposes.
基金partially supported by the National Natural Science Foundation of China (51874325)the Science Foundation of China University of PetroleumBeijing (2462021BJRC009)。
文摘This paper intends to complete the primary logistics planning of oil products under the imbalance of supply and demand. An integrated mathematical programming model is developed to simultaneously find the balance between supply and demand, and optimize the logistics scheme. The model takes minimum logistics cost and resource adjustment cost as the objective function, and takes supply and demand capacity, transportation capacity, mass balance, and resource adjustment rules as constraints.Three adjustment rules are considered in the model, including resource adjustment within oil suppliers,within oil consumers, and between oil consumers. The model is tested on a large-scale primary logistics of a state-owned petroleum enterprise, involving 37 affiliated refineries, 31 procurement departments,286 market depots and dedicated consumers. After the unified optimization, the supply and demand imbalance is eased by 97% and the total cost is saved by 7%, which proves the effectiveness and applicability of the proposed model.
基金This paper was funded by the Geological Survey Project of China Geological Survey"Comprehensive Geological Survey of Xiamen-Zhangzhou-Quanzhou City"(DD20190303).
文摘The small and medium-sized river basins along southeast coast of China hold comparatively abundant water resources.However,the rapid resources urbanization in recent years has produced a series of water problems such as deterioration of river water quality,water shortage and exacerbated floods,which have constrained urban economic development.By applying the principle of triple supply-demand equilibrium,this paper focuses on the estimation of levels of water supply and demand in 2030 at different guarantee probabilities,with a case study of Xiamen city.The results show that water shortage and inefficient utilization are main problems in the city,as the future water supply looks daunting,and a water shortage may hit nearly 2×10^(8)m^(3)in an extraordinarily dry year.Based on current water supply-demand gap and its trend,this paper proposes countermeasures and suggestions for developing and utilizing groundwater resources and improving the utilization rate of water resources,which can supply as a reference for other southeast middle-to-small-sized basin cities in terms of sustainable water resources and water environment protection.
文摘Based on the analysis of China’s grain production and demand quality grade, this paper uses the non-equidistance GM (1,1) model and the inference algorithm to predict the structural balance of the supply and demand grades of China’s four major grain crops. The results show that the supply and demand for wheat, corn and rice can maintain a quantitative balance. While, it’s difficult to achieve a quality grade balance in wheat and rice and keep a supply and demand balance in terms of quantity and quality of soybean. Simultaneously, the supply of premium grade corn is greater than the demand. The analysis and prediction results can reflect the existing structural balance matter of grain supply and demand at different quality grades in China, and provide theoretical basis for governments to formulate relevant policies.
文摘Demand forecasting and big data analytics in supply chain management are gaining interest.This is attributed to the wide range of big data analytics in supply chain management,in addition to demand forecasting,and behavioral analysis.In this article,we studied the application of big data analytics forecasting in supply chain demand forecasting in the automotive parts industry to propose classifications of these applications,identify gaps,and provide ideas for future research.Algorithms will then be classified and then applied in supply chain management such as neural networks,k-nearest neighbors,time series forecasting,clustering,regression analysis,support vector regression and support vector machines.An extensive hierarchical model for short-term auto parts demand assess-ment was employed to avoid the shortcomings of the earlier models and to close the gap that regarded mainly a single time series.The concept of extensive relevance assessment was proposed,and subsequently methods to reflect the relevance of automotive demand factors were discussed.Using a wide range of skills,the factors and co-factors are expressed in the form of a correlation characteristic matrix to ensure the degree of influence of each factor on the demand for automotive components.Then,it is compared with the existing data and predicted the short-term historical data.The result proved the predictive error is less than 6%,which supports the validity of the prediction method.This research offers the basis for the macroeconomic regulation of the government and the production of auto parts manufacturers.
文摘This paper presents a new conception model of school transportation supply-demand ratio (STSDR) in order to define the number of school buses needed in a limited area and to describe the conditions of school transport system. For this purpose, a mathematical equation was elaborated to simulate the real system based on the school transport conditions and on the estimated results of STSDR from 15 zones of Cuenca city in Ecuador. The data used in our model was collected from several diverse sources (i.e. administrative data and survey data). The estimated results have shown that our equation has described efficiently the school transport system by reaching an accuracy of 96%. Therefore, our model is suitable for statistical estimation given adequate data and will be useful in school transport planning policy. Given that, it is a support model for making decisions which seek efficiency in supply and demand balance.
基金We thank National Key R&D Program of China(2016YFA0602601),National Natural Science Foundation of China(71573062),China Energy Modeling Forum(CEMF),for support of the study.
文摘A quantitative model was applied to analyze the energy demand and CO2 emissions in China following the Energy Production and Consumption Revolution Strategy(2016e2030)and long-term economic and social development target China Dream.Results showed that 1)toward the 2050 China Dream target,total final energy consumption is expected to peak at 3.9 Gtce in 2030 and remain stable until 2050,whereas total primary energy consumption is expected to reach an upper platform by 2040 and around 5.8 Gtce by 2050;2)the proportion of non-fossil fuels is expected to reach approximately 50%and that of natural gas to reach more than 16%by 2050;3)CO2 emissions from energy use are expected to peak at 9.6 Gt by no later than 2030 and then gradually decline to 6.7 Gt by 2050.
文摘The structure of technological mappings is studied and it is shown that for an important class of technological mappings there exists a continuous strategy of the behavior of firms as arbitrarily close in terms of profit. The latter is important for building the theory of economic equilibrium, which is an important tool for building the theory of sustainable economic development. Theorems of the existence of economic equilibrium under conditions of uncertainty and under general assumptions about the structure of supply and demand have been proved.
基金National Social Science Foundation of China,No.15BJY051Social Science Foundation of Hunan Province,No.16ZDB04,No.13YBA016+2 种基金Research Project of Appraisement Committee of Social Sciences Research Achievements of Hunan Province,No.XSP18ZDI031Natural Science Foundation of Hunan Province,No.2017JJ2264Science&Technology Research Project of the Department of Land and Resource of Hunan Province,No.2014-13
文摘Urban land intensive use is an important indicator in harmonizing the relationship between land supply and demand. The system dynamics(SD) can be used to construct the feedback loop between urban construction land supply and demand and index variable function. Based on this, this study built a supply and demand system dynamic model of urban construction land for Chang-Zhu-Tan urban agglomeration. This model can simulate the change trends of supply and demand of construction land, industrial land, and residential land in 2016–2030 by three scenarios of low, medium, and high intensity modes. The results showed that the scale of construction land of urban agglomeration is expanding, with a rapid increase rate for the urban construction land. The scale and speed of land use based on the three intensity modes existed differences. The large scale and supply of construction land in the low intensity mode caused easily the waste of land resources. In high intensity mode, the scale and supply of construction land were reduced against the healthy development of new-type urbanization. In the medium intensity mode, the scale and supply of land use adapted to the socio-economic development and at the same time reflected the concept of modern urban development. In addition, the results of this study found that the proportion of industrial land in construction land ranged from 15% to 21%, which increased year by year in the low intensity mode, and decreased slowly and stabilized in medium and high intensity modes. The proportion of residential land in construction land ranged from 27% to 35%, which decreased in the low and the medium intensity modes, and maintained a high level in the higher intensity mode. This study contributes to provide scientific reference for decision-making optimization of land supply and demand, urban planning, and land supply-side reform.
基金Projects(71874210,71633006,71501193) supported by the National Natural Science Foundation of China
文摘Based on the commodity property and finance property of gold in the international gold futures market,the influence factors of international gold futures price volatility are analyzed from the perspectives of supply and demand factors,financial factors and speculation factors.The structural vector autoregression(SVAR)model is applied to investigating the direction and strength of the effects of influence factors on the international gold futures prices and the variance decomposition approach(VDA)is used to compare the contributions of these factors.The results show that the supply and demand factors still play a fundamental role in the international gold futures price volatility and the role of“China’s gold demand”is exaggerated.The financial factors and speculation factors have significant impacts on the international gold futures price volatility,which reflects that the financial property of gold becomes increasingly important.Governments and investors should pay close attention to the financial property of gold futures.
文摘Along with Chinese economic growth,energy plays a more and more important role in the national economy.The imbalance between insufficient energy supply and huge energy demand has become a major problem in energy utilization,and energy substitution is attracting more and more attention as a key to the sustainable and sound development of Chinese economy.Explored the possibilities of the mutual substitution of the two types of energy with different functions with game theory in light of the supply capacity.As a con- clusion,there are four equilibrium results corresponding to different levels of supply capac- ity.Subsequently,we carry on the study further by numerical simulation,investigate in one group of results most close to Chinese energy status and find the equilibrium price as well as the demand variation pattern.
文摘Mathematics is a key factor in achieving the Sustainable Development Goals (SDGs), because of its applicability to real situations. To achieve the set goals in SDG, this paper suggests some mathematical methods that will be useful for solving real situations in relation to goals 2 and 12 of SDGs approved by UN when modeled mathematically. The Northwest Corner Method (NWCM), Least Cost Method (LCM), and Vogel Approximation Method (VAM), which are the initial solution methods were examined to ascertain the ideal route of transporting commodities from production facilities to requirement destination while the optimal solution methods involve Stepping Stone Method (SSM), and Modified Distribution Method (MDM), that give the feasible solution which will enhance minimum transportation cost were also thoroughly defined. Subsequent research shall focus on application of the methods in relation to SDGs problems in comparison with other existing methods.