Total Costs of Centralized and Decentralized Inventory Strategies—Including External Costs

Dynamic Inventory Planning with Unknown Costs and Stochastic Demand

Generally ordering policies are done by two methods, including fix order quantity (FOQ) and fix order period (FOP). These methods are static and either the quantity of ordering or the procedure of ordering is fixing in throughout time horizon. In real environments, demand is varying in any period and may be considered as uncertainty. When demand is variable in any period, the traditional and st...

Decentralized Search with Random Costs

A decentralized search algorithm is a method of routing on a random graph that uses only limited, local, information about the realization of the graph. In some random graph models it is possible to define such algorithms which produce short paths when routing from any vertex to any other, while for others it is not. We consider random graphs with random costs assigned to the edges. In this sit...

Centralized Bakery Reduces Distribution Costs Using Simulation

External costs of electricity generation

Internalizing of external costs leads la a beller allocation of economic resources, and so to an improvement of welfare. However, if the external effects that can be quantified and monetized are added to the internal costs, the cost relations between different electricity generation systems are not necessarily changed. Of course, the underlying assumptions (like dose-response relationships) are...

dynamic inventory planning with unknown costs and stochastic demand

generally ordering policies are done by two methods, including fix order quantity (foq) and fix order period (fop). these methods are static and either the quantity of ordering or the procedure of ordering is fixing in throughout time horizon. in real environments, demand is varying in any period and may be considered as uncertainty. when demand is variable in any period, the traditional and st...