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This paper develops a two-step estimation methodology, which allows us to apply catastrophe theory to stock market returns with time-varying volatility and model stock market crashes. Utilizing high frequency data, we estimate the daily…

统计金融 · 定量金融 2013-05-23 Jozef Barunik , Jiri Kukacka

Most of the manufacturing firm aims to optimize their Supply Chain in terms of improved profitability of its products through value Addition. This study takes a critical look into the factors that affect the Performance of internal supply…

人工智能 · 计算机科学 2020-07-21 Dilip U Shenoy , Vinay Sharma , Shiva HC Prasad

In this paper, a blood supply chain network, where the occurrence of disruption might interrupt the flow of Red Blood Cells, is dealt with. In principle, the probability of disruption is not the only property confiding the network, but…

系统与控制 · 电气工程与系统科学 2021-11-05 Mohammad Arani , Mohsen Momenitabar , Zhila Dehdari Ebrahimi , Xian Liu

We consider a manufacturer who manages the end-of-life phase and takes one of the three actions at each period: (1) place an order, (2) use existing inventory, (3) stop holding inventory and use an outside/alternative source. Two examples…

最优化与控制 · 数学 2021-10-26 Emin Ozyoruk , Nesim K. Erkip , Çağın Ararat

Resiliency plays a critical role in designing future communication networks. How to make edge computing systems resilient against unpredictable failures and fluctuating demand is an important and challenging problem. To this end, this paper…

最优化与控制 · 数学 2023-06-28 Jiaming Cheng , Duong Tung Nguyen , Vijay K. Bhargava

With the steady increase in global logistics and freight transport demand, the need for efficient and sustainable intermodal transport systems becomes increasingly important. This study addresses the optimization of container movement by…

最优化与控制 · 数学 2025-08-22 Jeremiah Gbadegoye , Mustafa C. Camur , Xueping Li

In the evolving digital landscape, network flow models have transcended traditional applications to become integral in diverse sectors, including supply chain management. This research develops a robust network flow model for semiconductor…

最优化与控制 · 数学 2026-03-05 Yichen Wang , Huanbo Zhang , Chunhong Yuan , Xiangyu Li , Zuowen Jiang

Distribution systems are often crippled by catastrophic damage caused by a natural disaster. Well-designed hardening can significantly improve the performance of post-disaster restoration operations. Such performance is quantified by a…

最优化与控制 · 数学 2017-11-08 Yushi Tan , Arindam K. Das , Payman Arabshahi , Daniel S. Kirschen

Electricity systems are experiencing increased effects of randomness and variability due to emerging stochastic assets. The increased effects introduce new uncertainties into power systems that can impact system operability and reliability.…

系统与控制 · 电气工程与系统科学 2022-11-10 Naeem Turner-Bandele , Amritanshu Pandey , Larry Pileggi

In the aftermath of a hurricane, humanitarian logistics plays a critical role in delivering relief items to the affected areas in a timely fashion. This paper proposes a novel stochastic lookahead framework that implements a two-stage…

最优化与控制 · 数学 2020-08-04 Yanbin Chang , Yongjia Song , Burak Eksioglu

The mathematical theory for optimal switching is by now relatively well developed, but the number of concrete applications of this theoretical framework remains few. In this paper, we bridge parts of this gap by applying optimal switching…

最优化与控制 · 数学 2020-09-23 Niklas L. P. Lundström , Marcus Olofsson , Thomas Önskog

In the rapidly evolving landscape of global supply chains, where digital disruptions and sustainability imperatives converge, traditional operational frameworks often struggle to adapt. This paper introduces the Design-Based Supply Chain…

其他计算机科学 · 计算机科学 2025-11-05 Sathish Krishna Anumula

Power systems are susceptible to natural threats including hurricanes and floods. Modern power grids are also increasingly threatened by cyber attacks. Existing approaches that help improve power system security and resilience may not be…

系统与控制 · 电气工程与系统科学 2021-07-08 Hao Huang , Varuneswara Panyam , Mohammad Rasoul Narimani , Astrid Layton , Katherine R. Davis

Repair mechanisms are important within resilient systems to maintain the system in an operational state after an error occurred. Usually, constraints on the repair mechanisms are imposed, e.g., concerning the time or resources required…

系统与控制 · 计算机科学 2017-07-12 Christel Baier , Clemens Dubslaff , Ľuboš Korenčiak , Antonín Kučera Vojtěch Řehák

This paper proposes a system-wide optimal resource dispatch strategy that enables a shift from a primarily energy cost-based approach, to a strategy using simultaneous price signals for energy, power and ramping behavior. A formal method to…

系统与控制 · 计算机科学 2017-11-15 David P. Chassin , Sahand Behboodi , Ned Djilali

Real-time scheduling algorithms proposed in the literature are often based on worst-case estimates of task parameters. The performance of an open-loop scheme can be degraded significantly if there are uncertainties in task parameters, such…

操作系统 · 计算机科学 2017-10-13 Mason Thammawichai , Eric C. Kerrigan

We analyze the harvesting and stocking of a population that is affected by random and seasonal environmental fluctuations. The main novelty comes from having three layers of environmental fluctuations. The first layer is due to the…

概率论 · 数学 2024-07-10 Alexandru Hening , Ky Q. Tran , Sergiu C. Ungureanu

The frequency of extreme events (e.g., hurricanes, earthquakes, and floods) and man-made attacks (cyber and physical attacks) has increased dramatically in recent years. These events have severely impacted power systems ranging from long…

系统与控制 · 电气工程与系统科学 2020-08-19 Narayan Bhusal , Mukesh Gautam , Mohammed Benidris

In this paper, we formulate an optimal ordering policy as a stochastic control problem where each firm decides the amount of input goods to order from their upstream suppliers based on the current inventory level of its output good. For…

最优化与控制 · 数学 2022-09-13 Jose I. Caiza , Ian Walter , Jitesh H. Panchal , Junjie Qin , Philip E. Pare

Unstoppable feedback loops and tipping points in socio-ecological systems are the main threats to sustainability. These behaviors have been extensively studied, notably to predict, and arguably deviate, dead-end trajectories. Behind the…

动力系统 · 数学 2023-05-11 Olivier Hamant