Search results

The purpose of this paper is to introduce robust optimization approaches to balance mixed model assembly lines with uncertain task times and daily model mix changes.

Scenario planning approach is used to represent the input data uncertainty in the decision model. Two kinds of robust criteria are provided: one is min‐max related; and the other is α‐worst scenario based. Corresponding optimization models are formulated, respectively. A genetic algorithm‐based robust optimization framework is designed. Comprehensive computational experiments are done to study the effect of these robust approaches.

With min‐max related robust criteria, the solutions can provide an optimal worst‐case hedge against uncertainties without a significant sacrifice in the long‐run performance; α‐worst scenario‐based criteria can generate flexible robust solutions: through rationally tuning the value of α, the decision maker can obtain a balance between robustness and conservatism of an assembly line task elements assignment.

This paper is an attempt to robust mixed model assembly line balancing. Some more efficient and effective robust approaches – including robust criteria and optimization algorithms – may be designed in the future.

In an assembly line with significant uncertainty, the robust approaches proposed in this paper can hedge against the risk of poor system performance in bad scenarios.

Using robust optimization approaches to balance mixed model assembly line.

The purpose of this paper is to investigate how revelations of corporate misconduct are associated with trade credit. Specifically, it investigates how this association varies in different regions, in different types of industries and in response to companies’ subsequent charitable donations.

The authors empirically tested various hypotheses using a sample of 2,725 Chinese A-share listed companies from 2009 to 2014 based on signaling theory. Fixed effect models underpinned the methods used.

The authors found that corporate misconduct has a significant negative impact on an irresponsible company’s trade credit received and granted, and the negative impact is heterogeneous for different regions and industries. There is no evidence that charitable donations mitigate the effect on the trade credit of irresponsible companies following revelations of corporate misconduct.

The results suggest that listed companies in China should obey national and local laws and regulations if they wish to avoid the risk of significant trade credit loss. If a company’s violation of these laws and regulations is disclosed, making charitable donations is not an effective strategy for safeguarding trade credit.

This study enriches understanding on the consequences of corporate misconduct and extends the literature on trade credit. It fills a research gap by identifying the impact of corporate misconduct on trade credit.

The purpose of this paper is to investigate the optimal production and financing strategies for the closed-loop supply chain (CLSC) composed of a capital-constrained original equipment manufacturer (OEM) and a risk-averse authorized remanufacturer (RM).

The authors formulate four models with different scenarios, namely, the OEM has sufficient capital; the OEM has limited capital without financing; the OEM adopts debt financing strategy; and the OEM adopts equity financing strategy. The equilibrium solutions of each scenario are obtained by backward induction method, the influences of risk aversion coefficient on the equilibrium solutions are examined and the OEM's optimal financing strategy is found by comparison analysis.

When the OEM's initial capital is limited and the equity dividend ratio is less than a certain threshold, the equity financing strategy is more advantageous for the OEM. However, if the OEM's initial capital is extremely scarce and the dividend proportion is large, the OEM prefers the debt financing strategy. When considering financing, consumer surplus always decreases as the risk aversion factor increases; the debt financing strategy is more environmentally friendly compared with the equity financing strategy. Only the debt financing strategy can make both members in the CLSC achieve a win-win situation in a certain region when the dividend ratio is sufficiently large.

It will be more fascinating if the model extends to such a case that the production operation situation in the CLSC composed of multiple OEMs in multiple periods. Furthermore, the remanufacturer's risk-averse information is asymmetry may be more realistic in our daily life.

There are three main differences from the existing research. One is that the remanufacturer's risk aversion originates from the uncertain remanufacturing cost instead of the uncertain market demand. Another is that the boundary conditions of the OEM prefer to adopt debt financing is obtained through the envelope theorem with Lagrange multiplier method. Last but not the least, this paper provides a good theoretical reference and practical guidance for the OEM to make the rational financing strategy selection in face of different degree of capital scarcity in the CLSC system. The value of the three aspects provides a theoretical basis for the optimal operation decisions of capital-constrained manufacturer considering the remanufacturer's risk aversion in the CLSC operation system.

This paper aims to explore the relationship between ethical self-fashioning and citizenship practices in the ongoing revival of “Chinese Traditional Culture” pursued in tandem by the party-state and by private actors in present-day China.

Adopting an anthropological approach, the author draws from three sets of resources: (1) research literature on China’s political history and key texts of early Chinese thought, (2) contemporary state discourses on citizen formation, and (3) participant observation notes and interviews with organizers and followers of the Wu-Wei School (a pseudonym). The author conducts a textual analysis of primary and secondary literature and a critical discourse analysis of the ethnographic data and examines emerging themes.

Firstly, the author identifies a crucial dimension in the historical and cultural roots of Chinese citizenship practices: an enduring conception that binds individual ethical self-improvement with socio-political flourishing. Secondly, examining contemporary state discourses on “citizen quality” and “reviving China’s outstanding traditional culture”, the author showcases how party-state authorities call on individuals to self-reform for national rejuvenation. Thirdly, the author investigates how members of the Wu-Wei School construe their individual pursuits of ethical self-improvement as significant for societal progress.

Based on these findings, the author demonstrates the ways in which autochthonous conceptions of Chinese citizenship give a central place to private acts of self-fashioning. The author argues that the entanglement between individual ethics and citizenship practices constitutes a crucial but largely understudied dimension of Chinese citizenship.

As the quality of the environment decreases, enterprises and consumers' awareness of environmental protection is constantly improving. More and more enterprises begin to increase their investment in carbon emission reduction and attract environmentally friendly consumers to buy low-carbon products through advertising. The purpose of this paper is to utilize a realistic differential game model to provide dynamic carbon emission reduction strategies, advertising strategies and cooperation methods for complex supply chain members from a long-term perspective.

This paper uses the extend Vidale-Wolfe model (V-W model) to discuss the dynamic joint emission reduction strategy in the supply chain.

(1) When consumers' awareness of environmental protection increases, on the whole, carbon emission reduction and profit of products show an upward trend. (2) From a long-term perspective, the manufacturer's advertising subsidy to one of the retailers is the best choice. If the strength of the two retailers is unbalanced, the manufacturer will choose to cooperate with the dominant retailer. (3) Advertising, as a marketing means for retailers to promote low-carbon products, can alleviate the adverse effects of prisoner's dilemma in a semi-cooperative state, but it cannot achieve the Pareto optimization result.

This paper focuses on the analysis of the situation that when the manufacturer is the leader and thinks that consumers are active advocates of low-carbon products.

The results of this paper can provide theoretical basis for the joint emission strategy of supply chain members in low-carbon environment.

Integrated project delivery (IPD) has attracted considerable attention in recent years, however only a few review studies captured the dynamic and evolving nature of this topic. The purpose of this study is to review the most recent IPD publications, in order to shed light on future research.

Using a systematic review methodology, the study aims to synthesize the current IPD literature, and frame the latest research and development in this domain. A systematic review is conducted to identify the current state-of-the-art of IPD research and the latest research themes and trends in this domain. A bibliometric analysis is performed to explain characteristics of screened articles, and through a thematic analysis the latest themes and trends are recognized.

In this study, based on IPD characteristics (contractual-regulative, operational-cognitive and organizational-structural), research themes (legal, commercial, technological, procedural, cultural and structural), sub-themes and their associated trends are identified. The latest emerging trends are mostly related to the contractual characteristics of IPD, and are focused on the combination of IPD with new business models and developing contractual guidelines for promoting IPD applications in off-site and on-site construction projects.

This research contributes to the body of knowledge by synthesizing the state of the art of IPD in construction literature and exposing the latest research trends in this area. A theoretical framework of integration in an IPD context is developed, based on the literature. Finally, future areas of studies are discussed.