Engineering Economist最新文献_第7页

Non-equal-life asset replacement under evolving technology: A multi-cycle approach 技术演进下的非等额资产置换:多周期方法

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-22 DOI: 10.1080/0013791x.2020.1716126

Y. Yatsenko, N. Hritonenko, S. Boranbayev

引用次数: 9

Supply contracts for critical and strategic materials of high volatility and their ramifications for supply chains 高波动性关键和战略材料的供应合同及其对供应链的影响

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-20 DOI: 10.1080/0013791x.2020.1712508

K. Min, L. Lilienkamp, J. Jackman, C. Wang

引用次数: 3

Valuing flexibility in transmission expansion planning from the perspective of a social planner: A methodology and an application to the Chilean power system 从社会规划者的角度评估输电扩展规划的灵活性:一种方法及其在智利电力系统中的应用

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-20 DOI: 10.1080/0013791x.2020.1712509

F. Mariscal, T. Reyes, E. Sauma

{"title":"Valuing flexibility in transmission expansion planning from the perspective of a social planner: A methodology and an application to the Chilean power system","authors":"F. Mariscal, T. Reyes, E. Sauma","doi":"10.1080/0013791x.2020.1712509","DOIUrl":"https://doi.org/10.1080/0013791x.2020.1712509","url":null,"abstract":"Abstract We study the value of adding flexibility to Transmission Expansion Planning (TEP) projects from the perspective of a social planner using real options. Due to the deregulation of electricity markets, TEP projects currently face multiple uncertainties. These uncertainties often cause traditional project valuation methods to recommend sub-optimal investment decisions. Additionally, to incorporate the effects of uncertainties on the valuation of TEP projects, current literature rely on some critical simplifications that do not fit well with the real operations of a power market. This paper models the power market in a realistic way by combining an equilibrium model, to assess the power market equilibrium that the TEP project will generate, with a valuation model based on real options, to incorporate the value of flexibility. The methodology is applied to determine the value of adding capacity expansion flexibility to a portion of the rigid TEP project that connects the main two interconnected systems in Chile since 2018. Our results show that, in this case, adding flexibility increases the net expected social welfare by $14.03 million. Several sensitivity analyses confirm that this flexibility has more value when uncertainty is higher and/or investment costs are lower.","PeriodicalId":49210,"journal":{"name":"Engineering Economist","volume":"65 1","pages":"288 - 320"},"PeriodicalIF":1.2,"publicationDate":"2020-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/0013791x.2020.1712509","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47889315","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Project Ranking in Petroleum Exploration 石油勘探项目排名

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-02 DOI: 10.1080/0013791X.2019.1593570

I. Szilágyi, Z. Sebestyén, T. Tóth

引用次数: 9

Revenue management for make-to-order manufacturing systems with a real-life application 具有实际应用程序的按订单生产制造系统的收入管理

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-02 DOI: 10.1080/0013791X.2019.1571145

A. Baykasoğlu, Kemal Subulan, Hülya Güçdemir, Nurhan Dudakli, Derya Eren Akyol

{"title":"Revenue management for make-to-order manufacturing systems with a real-life application","authors":"A. Baykasoğlu, Kemal Subulan, Hülya Güçdemir, Nurhan Dudakli, Derya Eren Akyol","doi":"10.1080/0013791X.2019.1571145","DOIUrl":"https://doi.org/10.1080/0013791X.2019.1571145","url":null,"abstract":"Abstract Due to successful applications of revenue management in the airline industry, in recent years, there has been a growing interest to adopt revenue management in make-to-order (MTO) manufacturing systems. Several interrelated decision problems such as order acceptance/rejection, short-term capacity planning, due date assignment, and order scheduling need to be studied simultaneously in order to manage revenues effectively in MTO manufacturing systems. Both the producer’s and customer’s requirements need to be taken into account through some negotiation mechanisms that are sensitive to the service-level reputation of the manufacturing companies. In this article, we propose a new dynamic bid price–based revenue management model that considers all of the aforementioned decision problems simultaneously. A simulation optimization approach is utilized in order to determine the best possible values of control parameters for bid price, due date assignment, and price increment/reduction mechanisms. The performance of the proposed integrated revenue management model is tested on both a hypothetical example and a real problem of a bridal gown company. The computational results show that the proposed model provides significant improvements in total revenue compared to other static and dynamic bid price policies.","PeriodicalId":49210,"journal":{"name":"Engineering Economist","volume":"65 1","pages":"27 - 65"},"PeriodicalIF":1.2,"publicationDate":"2020-01-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/0013791X.2019.1571145","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41596535","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Using performance-based warranties to influence consumer purchase decisions 使用基于性能的保证来影响消费者的购买决策

IF 1.2 4区经济学

Engineering Economist Pub Date : 2020-01-02 DOI: 10.1080/0013791X.2019.1642430

C. Koschnick, J. Hartman

引用次数: 4

Optimal capital structure of government-subsidized private participation in infrastructure projects 政府补贴私人参与基础设施项目的最优资本结构

IF 1.2 4区经济学

Engineering Economist Pub Date : 2019-12-28 DOI: 10.1080/0013791x.2019.1707923

Borliang Chen

{"title":"Optimal capital structure of government-subsidized private participation in infrastructure projects","authors":"Borliang Chen","doi":"10.1080/0013791x.2019.1707923","DOIUrl":"https://doi.org/10.1080/0013791x.2019.1707923","url":null,"abstract":"Abstract A government-subsidized private participation in infrastructure (PPI) project is a solution to attract private investors to invest in financially non-viable infrastructure projects with high social benefits. A government-subsidized PPI project comprises three financing sources: government subsidy, equity, and debt. For government-subsidized PPI projects, the government subsidy level must be determined before the optimal debt ratio can be determined. A government subsidy level that is too low may lead to the project being non-bankable for financial institutes and a level that is too high may result in high excess returns for project investors. This paper develops cooperative game models, which are multiple–variable game models, to determine optimal solutions for four major decision variables – the government subsidy, tariff, debt ratio, and interest rate for project negotiation for PPI projects. This three–party game model is developed to identify terms and conditions that optimize the total benefits of financially non-viable PPI projects, which can lead to successful PPI project negotiations. The Kaohsiung cable car project in Taiwan is used for demonstration purposes. The results of the analysis show that optimal solutions for the three financing sources - government subsidy, equity, and debt - can be determined by the models.","PeriodicalId":49210,"journal":{"name":"Engineering Economist","volume":"65 1","pages":"321 - 338"},"PeriodicalIF":1.2,"publicationDate":"2019-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/0013791x.2019.1707923","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41501197","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Rates of return of investments whose timings are specified by a probability distribution 时机由概率分布指定的投资回报率

IF 1.2 4区经济学

Engineering Economist Pub Date : 2019-11-26 DOI: 10.1080/0013791x.2019.1680784

B. Klebanov

引用次数: 0

Call for Nominations: National Engineering Economy Teaching Excellence Award 全国工程经济教学优秀奖征集

IF 1.2 4区经济学

Engineering Economist Pub Date : 2019-10-02 DOI: 10.1080/0013791x.2019.1679466

引用次数: 0

Call for Wellington Award Nominations 惠灵顿奖提名征集

IF 1.2 4区经济学

Engineering Economist Pub Date : 2019-10-02 DOI: 10.1080/0013791x.2019.1679474

引用次数: 0