Optimal pricing and inventory control policy in periodic‐review systems with fixed ordering cost and lost sales

This paper studies a periodic‐review pricing and inventory control problem for a retailer, which faces stochastic price‐sensitive demand, under quite general modeling assumptions. Any unsatisfied demand is lost, and any leftover inventory at the end of the finite selling horizon has a salvage value. The cost component for the retailer includes holding, shortage, and both variable and fixed ordering costs. The retailer's objective is to maximize its discounted expected profit over the selling horizon by dynamically deciding on the optimal pricing and replenishment policy for each period. We show that, under a mild assumption on the additive demand function, at the beginning of each period an (s,S) policy is optimal for replenishment, and the value of the optimal price depends on the inventory level after the replenishment decision has been done. Our numerical study also suggests that for a sufficiently long selling horizon, the optimal policy is almost stationary. Furthermore, the fixed ordering cost (K) plays a significant role in our modeling framework. Specifically, any increase in K results in lower s and higher S. On the other hand, the profit impact of dynamically changing the retail price, contrasted with a single fixed price throughout the selling horizon, also increases with K. We demonstrate that using the optimal policy values from a model with backordering of unmet demands as approximations in our model might result in significant profit penalty. © 2005 Wiley Periodicals, Inc. Naval Research Logistics, 2006     

A multilevel passenger screening problem for aviation security

Passenger prescreening is a critical component of aviation security systems. This paper introduces the Multilevel Allocation Problem (MAP), which models the screening of passengers and baggage in a multilevel aviation security system. A passenger is screened by one of several classes, each of which corresponds to a set of procedures using security screening devices, where passengers are differentiated by their perceived risk levels. Each class is defined in terms of its fixed cost (the overhead costs), its marginal cost (the additional cost to screen a passenger), and its security level. The objective of MAP is to assign each passenger to a class such that the total security is maximized subject to passenger assignments and budget constraints. This paper shows that MAP is NP‐hard and introduces a Greedy heuristic that obtains approximate solutions to MAP that use no more than two classes. Examples are constructed using data extracted from the Official Airline Guide. Analysis of the examples suggests that fewer security classes for passenger screening may be more effective and that using passenger risk information can lead to more effective security screening strategies. © 2006 Wiley Periodicals, Inc. Naval Research Logistics, 2006     

一种有价值的预防维修策略

当前,在系统的维修性方面,有许多概念是模糊的;许多行为是盲目的,至少是经验主义的。本文针对这些情况,提出了完整的科学维修的概念。以一个有使用价值的预防性维修策略为例,通过讨论,使这种科学维修的概念具体化,并且给出了系统的首翻期、维修周期以及更换期的严格定义和确定方法。     

科研选题重复因素的分析与对策初探

科研选题中,周期短、见效快的课题重复率较高,其原因与科技人员晋级需求,社会集团易对“短、平、快”选题投资,科研管理人员的情报意识淡漠等因素有关。改变现状需要科技政策的制定者对基础科学研究和从事基础科学研究的人员给予更多的重视和政策的倾斜。科研管理部门应把握科研方向、人才培养、选题调整及发挥专家对审题的充分论证。采取各项综合措施,可望降低科研选题的重复。     

The convergence and divergence of three pillars of influence in gender and security

This article explores the convergence between three pillars of influence – feminist security studies, civil society activism and policy decision-making – and its role in the adoption and implementation of United Nations Security Council Resolution (UNSCR) 1325. It argues that these three pillars, individually and collectively, have made important contributions to the debate and action on the gender and security agenda, but that they remain organically disconnected. Their convergence has the potential to achieve path-breaking results in the sphere of gender and security, whilst their divergence makes transformation unattainable. We show the disconnect in the application of UNSCR 1325 in Africa and argue that this is partly the reason why, despite enormous efforts, the gains realised in terms of gender equality in the peace and security arena have been negligible.     

The symbolic politics of ballistic missile defense: seeking the perfect defense in an imperfect world

Ballistic missile defense (BMD) politics present an interesting evolution in how the USA, especially Congress, has come to think about BMD both as operational reality and as a symbolic policy. The argument here is that BMD's operational reality is increasingly overshadowed by its symbolic aspects. Such a status arose from rapidly changing international and domestic politics. The end result is a situation in which BMD policy in a sense floats above the question of its actual combat effectiveness. Its primary mission in part is sustaining US capacity to remain a global power and support its allies.     

对我国高新技术产业政策调整的几点建议

在以知识经济为背景的高速经济增长时代 ,高新技术产业作为经济增长支柱的作用日益突出。由于高新技术产业不同于传统产业的特点 ,客观上要求政府采取有力的措施来促进高新技术产业的发展。     

Optimal inventory control policy for periodic‐review inventory systems with inventory‐level‐dependent demand

We consider a setting in which inventory plays both promotional and service roles; that is, higher inventories not only improve service levels but also stimulate demand by serving as a promotional tool (e.g., as the result of advertising effect by the enhanced product visibility). Specifically, we study the periodic‐review inventory systems in which the demand in each period is uncertain but increases with the inventory level. We investigate the multiperiod model with normal and expediting orders in each period, that is, any shortage will be met through emergency replenishment. Such a model takes the lost sales model as a special case. For the cases without and with fixed order costs, the optimal inventory replenishment policy is shown to be of the base‐stock type and of the (s,S) type, respectively. © 2012 Wiley Periodicals, Inc. Naval Research Logistics, 2012     

The mercurial development of Russia's United Aircraft Corporation

Russia's 2006 renationalisation of its aerospace industry heralded a new era in industrial policy. Symbolising a return to the importance of securing sovereignty over the Federation's strategic assets, it also posits, powerfully, that sectors like aerospace and shipbuilding are too important to be left to the market. In what now appears a reversal of this policy approach, Moscow is promoting partial privatisation and encouraging partnership with Western aerospace companies. Foreign infusion of capital and technology is viewed as the catalyst for Russian dominance in the global military and commercial aerospace industries.     

Civil–military relations and organisational preferences regarding the use of the military in Chinese foreign policy: insights from the debate on MOOTW

ABSTRACT

This article analyses the positions of the Chinese civilian leaders and military elites on Military Operations Other Than War in order to shed light on their preferences about the use of the armed forces in foreign policy between the late 1990s and the early 2010s. Over time, a significant divergence developed between civilians and soldiers until 2011, when the Libyan crisis happened. The study also prompts important considerations about our understanding of civil–military relations in China and future role of the People’s Liberation Army as a tool of statecraft in foreign policy.