Response time and vendor–assembler relationship in a supply chain

Relationships between an assembler and a vendor in a supply chain are investigated in two-period models when the assembler wants to reduce response time by incentive systems. The assembler may offer myopic or farsighted incentive contracts to the vendor, under short-term or long-term relationships. Incentive schemes, effort levels, and expected payoffs under different perspectives and relationships are examined. We find that a farsighted assembler provides the vendor with a higher incentive than a myopic assembler in the first period. A long (short)-term relationship is preferred if the value of farsightedness under a long-term relationship is greater (less) than the switching option value under a short-term relationship. We propose several sufficient conditions regarding which perspectives and relationships are preferred.     

An economic evaluation model of supply chain flexibility

With the advent of the supply chain management concepts, business communities have been realizing that being competitive as a single company is no longer adequate; instead, competitiveness requires consideration of all channels in the supply chain. Despite its importance, the availability of the literature addressing supply chain flexibility is still limited to date. Although relationships between various types of flexibilities have been established, the degree to which one type of flexibility affects the other types and the system performance remains to be investigated. In particular, there is a lack of rigorous analytical models elucidating the relationships between the degree of flexibility in a system and the system level of performance. In this paper, a supply chain flexibility model is developed comprising labor flexibility, machine flexibility, routing flexibility, and information technology, with total system flexibility measured by an economic index. Outputs from the model can assist in making suitable production decisions to produce multiple products under an uncertain environment. Example solutions are given. This paper can help economic evaluation when supply chain flexibility and the factors affecting flexibility are to be improved. It can also assist in making supply chain flexibility-promotion decisions.     

Asymmetric response and interaction of U.S. and local news in financial markets

This paper examines the extent to which financial returns on market indices exhibit mean and volatility asymmetries, as a response to past information from both the U.S. market and the local market itself. In particular, we wish to assess the asymmetric effect of a combination of local and U.S. market news on volatility. To the best of the authors knowledge, this joint effect has not been considered previously. We propose a double threshold non‐linear heteroscedastic model, combined with a GJR‐GARCH effect in the conditional volatility equation, to capture jointly both mean and volatility asymmetric behaviours and the interactive effect of U.S. and local market news. In an application to five major international market indices, clear evidence of threshold non‐linearity is discovered, supporting the hypothesis of an uneven mean‐reverting pattern and volatility asymmetry, both in reaction to U.S. market news and news from the local market itself. Significant, but somewhat different, interactive effects between local and U.S. news are observed in all markets. An asymmetric pattern in the exogenous relationship between the local market and the U.S. market is also found. Copyright © 2005 John Wiley & Sons, Ltd.     

Homogenization of boundary hemivariational inequalities in linear elasticity

In this paper we consider a mathematical model describing static elastic contact problems with the Hooke constitutive law and subdifferential boundary conditions. We treat boundary hemivariational inequalities which are weak formulations of contact problems. We establish existence and uniqueness of solutions to hemivariational inequalities. Using the notion of H-convergence of elasticity tensors we investigate the limit behavior of the sequence of solutions to hemivariational inequalities.     

Adaptive nonparametric estimation of a multivariate regression function

We consider the kernel estimation of a multivariate regression function at a point. Theoretical choices of the bandwidth are possible for attaining minimum mean squared error or for local scaling, in the sense of asymptotic distribution. However, these choices are not available in practice. We follow the approach of Krieger and Pickands (Ann. Statist.9 (1981) 1066–1078) and Abramson (J. Multivariate Anal.12 (1982), 562–567) in constructing adaptive estimates after demonstrating the weak convergence of some error process. As consequences, efficient data-driven consistent estimation is feasible, and data-driven local scaling is also feasible. In the latter instance, nearest-neighbor-type estimates and variance-stabilizing estimates are obtained as special cases.     

Symmetries of nonlinear hyperbolic systems of the Toda chain type

We consider hyperbolic systems of equations that have full sets of integrals along both characteristics. The best known example of models of this type is given by two-dimensional open Toda chains. For systems that have integrals, we construct a differential operator that takes integrals into symmetries. For systems of the chosen type, this proves the existence of higher symmetries dependent on arbitrary functions. __________ Translated from Teoreticheskaya i Matematicheskaya Fizika, Vol. 155, No. 2, pp. 344–355, May, 2008.     

Statistical mechanics of relaxation processes in alternating fields

Using the nonequilibrium statistical operator method and the projection technique, we derive the system of exact relaxation equations for a quantum system interacting with an alternating external field. These equations hold in the case where some of the basic dynamical variables describing a nonequilibrium state depend explicitly on time. We obtain the exact expression for the entropy production in an alternating external field. __________ Translated from Teoreticheskaya i Matematicheskaya Fizika, Vol. 154, No. 1, pp. 102–112, January, 2008.     

On the speed of a cookie random walk

We consider the model of the one-dimensional cookie random walk when the initial cookie distribution is spatially uniform and the number of cookies per site is finite. We give a criterion to decide whether the limiting speed of the walk is non-zero. In particular, we show that a positive speed may be obtained for just three cookies per site. We also prove a result on the continuity of the speed with respect to the initial cookie distribution.      

End group transformations of RAFT‐generated polymers with bismaleimides: Functional telechelics and modular block copolymers

End group activation of polymers prepared by reversible addition‐fragmentation chain transfer (RAFT) polymerization was accomplished by conversion of thiocarbonylthio end groups to thiols and subsequent reaction with excess of a bismaleimide. Poly(N‐isopropylacrylamide) (PNIPAM) was prepared by RAFT, and subsequent aminolysis led to sulfhydryl‐terminated polymers that reacted with an excess of 1,8‐bismaleimidodiethyleneglycol to yield maleimido‐terminated macromolecules. The maleimido end groups allowed near‐quantitative coupling with model low molecular weight thiols or dienes by Michael addition or Diels‐Alder reactions, respectively. Reaction of maleimide‐activated PNIPAM with another thiol‐terminated polymer proved an efficient means of preparing block copolymers by a modular coupling approach. Successful end group functionalization of the well‐defined polymers was confirmed by combination of UV–vis, FTIR, and NMR spectroscopy and gel permeation chromatography. The general strategy proved to be versatile for the preparation of functional telechelics and modular block copolymers from RAFT‐generated (co)polymers. © 2008 Wiley Periodicals, Inc. J Polym Sci Part A: Polym Chem 46: 5093–5100, 2008