Dynamic inventory control with limited capital and short‐term financing

For most firms, especially the small‐ and medium‐sized ones, the operational decisions are affected by their internal capital and ability to obtain external capital. However, the majority of the literature on dynamic inventory control ignores the firm's financial status and financing issues. An important question that arises is: what are the optimal inventory and financing policies for firms with limited internal capital and limited access to external capital? In this article, we study a dynamic inventory control problem where a capital‐constrained firm periodically purchases a product from a supplier and sells it to a market with random demands. In each period, the firm can use its own capital and/or borrow a short‐term loan to purchase the product, with the interest rate being nondecreasing in the loan size. The objective is to maximize the firm's expected terminal wealth at the end of the planning horizon. We show that the optimal inventory policy in each period is an equity‐level‐dependent base‐stock policy, where the equity level is the sum of the firm's capital level and the value of its on‐hand inventory evaluated at the purchasing cost; and the structure of the optimal policy can be characterized by four intervals of the equity level. Our results shed light on the dynamic inventory control for firms with limited capital and short‐term financing capabilities.Copyright © 2014 Wiley Periodicals, Inc. Naval Research Logistics 61: 184–201, 2014     

科学化:推进马克思主义中国化时代化大众化的关键

推进马克思主义中国化时代化大众化,是我党对发展马克思主义的新认识和新要求.科学化是推进马克思主义中国化时代化大众化的关键.必须在坚持实事求是的精神、以人为本的价值取向、与时俱进的科学品质中发展马克思主义.     

域间流量工程体系结构的研究

随着Internet的快速发展,为了提高网络整体资源的利用率,出现了通过跨域网络性能的优化,达到优化网络资源使用的域间流量工程技术。在分析与评价域间流量工程体系结构研究状况的基础上,提出了面向域间流量工程的RCP体系结构以及今后需要研究的主要问题。     

关于算子方程Tx=y扰动分析的一些结果

在Banach空间中给出了一种相容算子方程解的误差估计 ,推广了矩阵扰动分析中的相应结果 .此外 ,利用Hilbert空间中算子M -P广义逆与算子的约化极小模之间的关系 ,给出了一些估计式 ,这些估计式对于分析不相容算子方程Tx =y的极小范数最小二乘解的扰动误差是有用的     

Analysis of a production system in a general configuration

We consider a production system comprising multiple stations (or workshops) such as an entry station, a set of work stations, a central station, and an exit station, which are arranged in a general configuration. A worker (or a vehicle tool) is assigned to each station, who sends a part from the station to the destination station according to the required process path of the part. Any part is allowed to visit a work station more than once if its process path requires. We propose a new control strategy with the push policy for instructing each worker to send a part and the kanban mechanism for controlling the work‐in‐process (WIP) in each work station. As all work stations have limited local buffers, the central station is used for storing blocked parts temporarily. Such a production system is modeled as an open queueing network in a general configuration with a Markovian part sending policy and a machine no blocking mechanism. The queueing network is analytically characterized. Some important performance measures are compared with other control strategies. A semi‐open decomposition approach is applied to the queueing network for computing the blocking probabilities when parts arrive at the work stations. An algorithm is developed based on the semi‐open decomposition approach. Numerical experiments show the quality of the solutions obtained by the algorithm as well as a property of a performance measure. © 2001 John Wiley & Sons, Inc. Naval Research Logistics 48: 128–143, 2001     

小粒野生稻可转化人工染色体文库初步构建及筛选

以小粒野生稻核DNA为材料构建了-个可转化人工染色体文库,获得了5000个克隆,平均插入片段约45kb.稳定性检测结果表明,小粒野生稻基因组DNA能够在TAC载体中稳定存在.基于已克隆抗性基因的保守序列设计探针,利用菌落杂交的方法,对文库进行筛选.结果表明,该文库可以用于抗性基因的筛选.     

浅析淮海战役中毛泽东的心理战艺术

在举世瞩目的淮海战役中,华东、中原野战军在543万人民群众及地方武装支援下,与南线国民党军主力浴血奋战66天,以伤亡13.6万人的代价,取得歼敌55.5万余人的伟大胜利,基本上解放了长江以北的华东、中原地区,使国民党政府首都南京处于人民解放军的直接威胁之下,蒋介石22年的反动统治陷入土崩瓦解的境地.