1,405 research outputs found

    Untangling hotel industry’s inefficiency: An SFA approach applied to a renowned Portuguese hotel chain

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    The present paper explores the technical efficiency of four hotels from Teixeira Duarte Group - a renowned Portuguese hotel chain. An efficiency ranking is established from these four hotel units located in Portugal using Stochastic Frontier Analysis. This methodology allows to discriminate between measurement error and systematic inefficiencies in the estimation process enabling to investigate the main inefficiency causes. Several suggestions concerning efficiency improvement are undertaken for each hotel studied.info:eu-repo/semantics/publishedVersio

    The impact of macroeconomic leading indicators on inventory management

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    Forecasting tactical sales is important for long term decisions such as procurement and informing lower level inventory management decisions. Macroeconomic indicators have been shown to improve the forecast accuracy at tactical level, as these indicators can provide early warnings of changing markets while at the same time tactical sales are sufficiently aggregated to facilitate the identification of useful leading indicators. Past research has shown that we can achieve significant gains by incorporating such information. However, at lower levels, that inventory decisions are taken, this is often not feasible due to the level of noise in the data. To take advantage of macroeconomic leading indicators at this level we need to translate the tactical forecasts into operational level ones. In this research we investigate how to best assimilate top level forecasts that incorporate such exogenous information with bottom level (at Stock Keeping Unit level) extrapolative forecasts. The aim is to demonstrate whether incorporating these variables has a positive impact on bottom level planning and eventually inventory levels. We construct appropriate hierarchies of sales and use that structure to reconcile the forecasts, and in turn the different available information, across levels. We are interested both at the point forecast and the prediction intervals, as the latter inform safety stock decisions. Therefore the contribution of this research is twofold. We investigate the usefulness of macroeconomic leading indicators for SKU level forecasts and alternative ways to estimate the variance of hierarchically reconciled forecasts. We provide evidence using a real case study

    STOCHASTIC MODELING AND TIME-TO-EVENT ANALYSIS OF VOIP TRAFFIC

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    Voice over IP (VoIP) systems are gaining increased popularity due to the cost effectiveness, ease of management, and enhanced features and capabilities. Both enterprises and carriers are deploying VoIP systems to replace their TDM-based legacy voice networks. However, the lack of engineering models for VoIP systems has been realized by many researchers, especially for large-scale networks. The purpose of traffic engineering is to minimize call blocking probability and maximize resource utilization. The current traffic engineering models are inherited from the legacy PSTN world, and these models fall short from capturing the characteristics of new traffic patterns. The objective of this research is to develop a traffic engineering model for modern VoIP networks. We studied the traffic on a large-scale VoIP network and collected several billions of call information. Our analysis shows that the traditional traffic engineering approach based on the Poisson call arrival process and exponential holding time fails to capture the modern telecommunication systems accurately. We developed a new framework for modeling call arrivals as a non-homogeneous Poisson process, and we further enhanced the model by providing a Gaussian approximation for the cases of heavy traffic condition on large-scale networks. In the second phase of the research, we followed a new time-to-event survival analysis approach to model call holding time as a generalized gamma distribution and we introduced a Call Cease Rate function to model the call durations. The modeling and statistical work of the Call Arrival model and the Call Holding Time model is constructed, verified and validated using hundreds of millions of real call information collected from an operational VoIP carrier network. The traffic data is a mixture of residential, business, and wireless traffic. Therefore, our proposed models can be applied to any modern telecommunication system. We also conducted sensitivity analysis of model parameters and performed statistical tests on the robustness of the models’ assumptions. We implemented the models in a new simulation-based traffic engineering system called VoIP Traffic Engineering Simulator (VSIM). Advanced statistical and stochastic techniques were used in building VSIM system. The core of VSIM is a simulation system that consists of two different simulation engines: the NHPP parametric simulation engine and the non-parametric simulation engine. In addition, VSIM provides several subsystems for traffic data collection, processing, statistical modeling, model parameter estimation, graph generation, and traffic prediction. VSIM is capable of extracting traffic data from a live VoIP network, processing and storing the extracted information, and then feeding it into one of the simulation engines which in turn provides resource optimization and quality of service reports

    Streets of clay : design and assessment of sustainable urban and suburban streets

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    Since automobile use became widespread in North America, Europe, and Australia during the first two decades of the 20th century, cities and their streets have been reshaped to adapt to the motor vehicle surge. Efforts are now underway to re-define the purpose of arterial streets and to re-design these important thoroughfares accordingly. This movement has taken a variety of names, including “Livable Streets”, “Context Sensitive Streets” and “Complete Streets”. Such streets are multimodal transport links as well as places for socio-economic life and active living.This thesis presents findings from research on assessing just how “active” and “sustainable” are a set of arterial streets in five San Francisco Bay Area cities. Six streets, two re-designed as more “livable” or more “context sensitive” streets, and four more conventional arterial streets, are compared across a set of objective performance metrics and subjective assessments from street users and businesses. The analysis was grounded in a mixed methods approach. Streets were evaluated on an array of quantitative measures, as well as the results of six street user focus groups and surveys of 716 street users and local businesses.An important outcome of the research is a framework or model for influences on and supports for street activity and sustainability. Thesis findings affirm the importance to communities of multi-purpose street environments. Thesis results show that arterial streets can be redesigned to engender activity and promote sustainability. This research confirmed the importance of providing space on arterial streets for pedestrians, cyclists, and transit users. This thesis represents a significant extension of the knowledge in the field of what constitutes a more sustainable arterial street environment. The assessment framework integrates a far wider range of research disciplines and concerns than previously evidenced in the literature. As such it may provide policymakers with a better understanding and basis on which to pursue further arterial street re-designs in similar contexts to those of the six streets I studied in this research

    Self-Evaluation Applied Mathematics 2003-2008 University of Twente

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    This report contains the self-study for the research assessment of the Department of Applied Mathematics (AM) of the Faculty of Electrical Engineering, Mathematics and Computer Science (EEMCS) at the University of Twente (UT). The report provides the information for the Research Assessment Committee for Applied Mathematics, dealing with mathematical sciences at the three universities of technology in the Netherlands. It describes the state of affairs pertaining to the period 1 January 2003 to 31 December 2008

    Systems with Session-based Workloads: Assessing Performance and Reliability

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    Many systems, including the Web and Software as a Service (SaaS), are best characterized with session-based workloads. Empirical studies have shown that Web session arrivals exhibit long range dependence and that the number of requests in a session is well modeled with skewed or heavy-tailed distributions. However, models that account for session workloads characterized by empirically observed phenomena and studies of their impact on performance and reliability metrics are lacking.;For assessing performance, we use a feedback queue to account for session-based workloads in a physically meaningful way and use simulation to analyze the behavior of the Web system under Long Range Dependent (LRD) session arrival process and skewed distribution for the number of requests in a session. Our results show that the percentage of dropped sessions, mean queue length, mean waiting time, and the useful server utilization are all affected by the LRD session arrivals and the statistics of the number of requests within a session. The impact is higher in the case of more prominent long-range dependence. Interestingly, both the request arrival process and the request departure process are long-range dependent, even in the case when session arrivals are Poisson. This indicates that the LRD at the request level can be a result of the existence of sessions.;For assessing reliability, we propose a framework which integrates (1) the Web workloads defined in term of user sessions, (2) the user navigation patterns through the Web site, and (3) the reliability estimates of the Web requests based on the system architecture; then, we give a detailed reliability model of a Web system based on the proposed framework. We recognize the difficulty of solving the proposed model and use simulation to obtain the results. And last but not least, we use statistical design of experiment to quantify the results and to determine which factors have the highest impact on the system\u27s reliability. Our results show that some two-way and three-way interactions are very important for the session reliability of Web systems
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