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Optimizing Incentives For Systems With Heterogeneous Agents, Chen Chen
Optimizing Incentives For Systems With Heterogeneous Agents, Chen Chen
Dissertations
This dissertation explores new models and applications based on the game theory of incentives. This exploration starts with controlling an invasive insect problem to address one of the most significant challenges facing our forests, the invasion of the Emerald ash borer (EAB), a non-native, wood-boring insect that threatens to kill most ash trees in North America, through designing two new cost-sharing programs between the landowners and local governments. Ash trees are one of North America’s most widely distributed tree genera and a vital part of the green infrastructure of cities, where they provide residents with numerous social, economic, and ecological …
Constructive Solution Methodologies To The Capacitated Newsvendor Problem And Surrogate Extension, Pinyuan Shan
Constructive Solution Methodologies To The Capacitated Newsvendor Problem And Surrogate Extension, Pinyuan Shan
Dissertations
The newsvendor problem is a single-period stochastic model used to determine the order quantity of perishable product that maximizes/minimizes the profit/cost of the vendor under uncertain demand. The goal is to fmd an initial order quantity that can offset the impact of backlog or shortage caused by mismatch between the procurement amount and uncertain demand. If there are multiple products and substitution between them is feasible, overstocking and understocking can be further reduced and hence, the vendor's overall profit is improved compared to the standard problem. When there are one or more resource constraints, such as budget, volume or weight, …
Online Fulfillment: F-Warehouse Order Consolidation And Bops Store Picking Problems, Wen Zhu
Online Fulfillment: F-Warehouse Order Consolidation And Bops Store Picking Problems, Wen Zhu
Dissertations
Fulfillment of online retail orders is a critical challenge for retailers since the legacy infrastructure and control methods are ill suited for online retail. The primary performance goal of online fulfillment is speed or fast fulfillment, requiring received orders to be shipped or ready for pickup within a few hours. Several novel numerical problems characterize fast fulfillment operations and this research solves two such problems. Order fulfillment warehouses (F-Warehouses) are a critical component of the physical internet behind online retail supply chains. Two key distinguishing features of an F-Warehouse are (i) Explosive Storage Policy – A unique item can be …