International Transactions in Operational Research最新文献_第2页

The MAMCABM framework for the evaluation of mobility decision‐making problems: theory and practice 流动决策问题评估的 MAMCABM 框架：理论与实践

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-09-10 DOI: 10.1111/itor.13544

He Huang, Shiqi Sun, Koen Mommens, Cathy Macharis

{"title":"The MAMCABM framework for the evaluation of mobility decision‐making problems: theory and practice","authors":"He Huang, Shiqi Sun, Koen Mommens, Cathy Macharis","doi":"10.1111/itor.13544","DOIUrl":"https://doi.org/10.1111/itor.13544","url":null,"abstract":"In the constantly evolving transportation and mobility industry, objective and reliable decision‐support systems (DSS) are crucial for addressing complex issues such as transit planning, mode selection, and policy formulation. This paper presents multiactor multicriteria analysis plus agent‐based modeling (MAMCABM), a novel framework that combines multiactor multicriteria analysis (MAMCA) and agent‐based modeling (ABM) to provide a comprehensive DSS. MAMCA excels in facilitating stakeholder‐centric evaluations, while ABM, enhanced by data analytics, adeptly models intricate, interactive systems. The combination of MAMCA and ABM enhances adaptability and precision in decision making. This integration utilizes data analytics and optimization algorithms to provide solutions that consider multifaceted criteria and diverse stakeholder perspectives in dynamic and uncertain contexts. The study outlines the mathematical underpinnings of MAMCABM and offers a practical guide for its implementation. The framework's efficacy is demonstrated through an empirical investigation that addresses mobility challenges in the Brussels Capital Region of Belgium. Compared to the previous study, this approach leverages simulated quantitative data alongside qualitative judgments from stakeholders. The integration of a consensus‐reaching algorithm further enhances the robustness of outcomes and effectively addresses uncertainties.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"3 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142216748","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Smart food‐sharing platforms for social sustainability: a heuristic algorithm approach 促进社会可持续性的智能食品共享平台：启发式算法方法

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-09-05 DOI: 10.1111/itor.13543

Behzad Maleki Vishkaei, Pietro De Giovanni

引用次数: 0

Power approximation for pricing American options 美式期权定价的幂级数近似值

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-09-04 DOI: 10.1111/itor.13540

Noura El Hassan, Bacel Maddah

{"title":"Power approximation for pricing American options","authors":"Noura El Hassan, Bacel Maddah","doi":"10.1111/itor.13540","DOIUrl":"https://doi.org/10.1111/itor.13540","url":null,"abstract":"American options are one of the most traded instruments in the financial markets. However, pricing them is challenging because of the early exercise possibility. We propose a robust pricing method based on nonlinear regression over a representative set of “exact” pricing instances obtained via a binomial lattice. Our “power approximation” approach is inspired from the literature on the well‐known periodic review inventory system. Our objective is to develop a closed‐form approximation for pricing American options that performs well on accuracy, computational efficiency (speed), and simplicity. Our results include developing a large set of “exact” American option premiums and critical stock price (indicating when to exercise the option) over a carefully designed grid with parameter values, which are common in practice. In addition, we compile the literature for existing American option pricing approximations and identify suitable ones. These approximations serve two purposes: (i) providing a starting point for our approximations and (ii) developing a benchmark for our work. We develop two closed‐form approximations for the critical stock price, and premium of an American put option, which perform very well with a median error below 0.45% for both.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"4 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142216959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Hybrid financing in a dual‐channel supply chain with asymmetric demand information 需求信息不对称的双渠道供应链中的混合融资

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-09-02 DOI: 10.1111/itor.13541

Baofeng Zhang, Shuang Xiao

{"title":"Hybrid financing in a dual‐channel supply chain with asymmetric demand information","authors":"Baofeng Zhang, Shuang Xiao","doi":"10.1111/itor.13541","DOIUrl":"https://doi.org/10.1111/itor.13541","url":null,"abstract":"This study delves into the interaction between hybrid financing and asymmetric demand information within a dual‐channel supply chain. In this setup, the supplier directly sells to customers and also through a capital‐constrained retailer. We investigate a unique financing approach involving a blend of bank loans and supplier equity investment to support the retailer's operational (procurement and marketing) activities. Analyzing the equilibrium strategies under both symmetric and asymmetric information settings yields intriguing insights. In the case of symmetric information, we find that the retailer's equilibrium order quantity decreases with the potential market size under hybrid financing, contrary to traditional notions. When asymmetric information is present, a higher acceptance of supplier equity investment by the retailer tends to lead to order quantity distortion downward, increasing signaling costs. Furthermore, a greater proportion of supplier equity investment prompts the retailer to order more products, ultimately boosting profits for both the retailer and supplier. This suggests that supplier equity investment can enhance supply chain efficiency and alleviate the double marginalization effect.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"15 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-09-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142216752","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Extracting knowledge from customer reviews: an integrated framework for digital platform analytics 从客户评论中提取知识：数字平台分析综合框架

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-09-02 DOI: 10.1111/itor.13537

Anastasios Kyriakidis, Stelios Tsafarakis

引用次数: 0

Multi‐stage stochastic frontier analysis for simple networks 简单网络的多阶段随机前沿分析

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-08-30 DOI: 10.1111/itor.13538

Geraint Johnes, Mike Tsionas, Marwan Izzeldin

引用次数: 0

Oil‐to‐electricity retrofitting and deployment of rubber‐tyred gantry cranes considering low‐carbon policies 考虑到低碳政策，对橡胶轮胎龙门起重机进行油改电改造和部署

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-08-29 DOI: 10.1111/itor.13535

Yi Ding, Deng Pan, Kaimin Chen, Yang Yang

{"title":"Oil‐to‐electricity retrofitting and deployment of rubber‐tyred gantry cranes considering low‐carbon policies","authors":"Yi Ding, Deng Pan, Kaimin Chen, Yang Yang","doi":"10.1111/itor.13535","DOIUrl":"https://doi.org/10.1111/itor.13535","url":null,"abstract":"To address the high‐carbon emissions from port equipment, one of the most effective measures is to replace diesel‐powered rubber‐tyred gantry cranes (RTGs) with electric‐powered alternatives. However, the oil‐to‐electricity retrofitting for diesel‐driven RTGs may negatively impact port operation efficiency. Moreover, port enterprises typically do not initiate the retrofitting without the low‐carbon policies. Therefore, this study focuses on the retrofitting of RTGs in combination with their deployment under the carbon emissions trading (CET) and government subsidy policies. An integer programming model is developed to help port enterprises determine the multistage planning of RTGs' retrofitting and deployment. Based on the block‐diagonal structure of the proposed model, a column generation method employing Dantzig–Wolfe decomposition is developed. The optimal integer solution of the model is then further refined using a branch‐and‐price approach. The Shanghai Yangshan Deep Water Port is used for numerical experiments. Numerical results demonstrate that the implementation of CET and government subsidy policies can reduce approximately 17,630 tons of carbon emissions and $8,751,861 operating costs in container terminal yard. Meanwhile, increasing government subsidies and carbon trading prices, and reducing free carbon emission quotas can encourage port enterprises to reduce more emissions.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"33 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142216956","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Planning in management: identifying alternative ways of improving performance toward best practices 管理规划：确定提高绩效的其他方法，实现最佳实践

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-08-29 DOI: 10.1111/itor.13534

Juan F. Monge, José L. Ruiz

{"title":"Planning in management: identifying alternative ways of improving performance toward best practices","authors":"Juan F. Monge, José L. Ruiz","doi":"10.1111/itor.13534","DOIUrl":"https://doi.org/10.1111/itor.13534","url":null,"abstract":"Planning is an important part of the management of organizations, which deals with the setting of targets that guide the actions needed to improve performance. Decision making is at the essence of planning, as it involves the identification of alternative directions for improvement and the selection of a future course of action. Decision makers (DMs) appreciate information on different ways of improving performance toward best practices, so they can make a choice of the plan that is more closely aligned with management in an ex post evaluation of possibilities. This paper responds to the need of providing DMs with a few (manageable) alternatives when planning improvements. The proposed approach is developed within the framework of data envelopment analysis (DEA). Although DEA has been used for planning, there is a gap in the literature in the sense that we can find only a few papers that have the explicit aim of identifying alternatives. In order to deal with this issue, we explore the whole DEA strong efficient frontier through all of its maximal efficient faces, which allows us to handle targets determined by a broad range of reference sets, and then use location theory tools, namely a p‐median problem, for the selection of p representatives that define alternative directions for improvement. Eventually, DMs are provided with a decision‐support tool for planning improvements by learning from the best practices of others, without requiring prior information on preferences.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"74 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142217004","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A bilevel approach to reduce peak load of community microgrid with distributed generators 利用分布式发电机降低社区微电网峰值负荷的双层方法

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-08-29 DOI: 10.1111/itor.13539

Young‐Bin Woo, Ilkyeong Moon

{"title":"A bilevel approach to reduce peak load of community microgrid with distributed generators","authors":"Young‐Bin Woo, Ilkyeong Moon","doi":"10.1111/itor.13539","DOIUrl":"https://doi.org/10.1111/itor.13539","url":null,"abstract":"Decentralized energy systems can be an alternative to stabilizing the power system in a rapidly changing power market environment. In this regard, it is very important to level the significant gap between electricity loads and power generation, which is caused by expanding renewable energy resources. This study investigates an electricity control strategy to encourage forming a microgrid and to level the load profile that the microgrid optimizes based on its individual objective. To address the problems encountered by two players at different decision levels, this study introduces a bilevel optimization model that considers two players’ objectives. In the proposed model, the first player is called the grid system operator, and the decisions of the player are subsidy rates for distributed generators and an energy storage system. The second player is called the community microgrid, and the major decisions of the player are the configuration and operation of the microgrid. To solve the problem, an efficient algorithm is developed based on Karush–Kuhn–Tucker (KKT) conditions and a decomposition approach. Numerical experiments show that the peak load can be reduced by setting an adequate subsidy rate.","PeriodicalId":49176,"journal":{"name":"International Transactions in Operational Research","volume":"25 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2024-08-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142217003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A multicriteria model for ranking logistics startups during the acquisition process in a transport company 运输公司收购过程中物流初创企业排序的多标准模型

IF 3.1 4区管理学

International Transactions in Operational Research Pub Date : 2024-08-22 DOI: 10.1111/itor.13536

Marcelo Gonçalves de Medeiros, Rodrigo José Leite Cavalcante, Anderson Lucas Carneiro de Lima da Silva, Lucia Reis Peixoto Roselli

引用次数: 0