Volume 6, Issue 3

In the existing electricity market, the traditional power suppliers and renewable energy generators coexist in the power supply side. In the power supply side, renewable energy generators generate power by wind and other natural conditions, leading renewable energy output a certain randomness. However, the low marginal generating cost and the reduction of carbon emissions, and thus brings a certain advantage for renewable energy compared to alternative energy. Electricity, as a special commodity, stable and adequate power supply is a necessary guarantee for economic and social development. Power shortage situation is not allowed in the power system, and the extra power needs to be handled for the purpose of safety. In this paper, the hybrid power generated by renewable energy generators and traditional energy generators is used as power supply, and then the electricity market sells hybrid power to electricity consumers, the hybrid power system determines the optimal daytime price, nighttime price, and the optimal installed capacity of the renewable energy suppliers. We find that the installed capacity of renewable energy increases first and then decreases with the increase of the price sensitivity coefficient of traditional energy supply. Electricity demand is negatively related to electricity price in the current period, and is positively related to price in the other period. The average price of day and night is only related to the total potential demand of day and night and the total generation probability of renewable energy. The price difference between daytime and nighttime is positively related to potential electricity demand, and negatively related to the sensitivity coefficient of electricity price.

According to new features of distributed technology innovation collaboration of complex products of China’s aviation, in the multi-agent collaborative R&D process, between main manufacturer and suppliers, this paper summarizes the organizational structure and characteristics of collaborative mode of distributed technology innovation of complex products, basing on the technological innovation and resource integration of complex products, and treating resource contribution rate as a key parameter. It establishes multi-agent resource integration collaborative symbiosis model under distributed collaborative technology innovation mode based on symbiosis theory. And finds that some factors such as the basic attributes of the enterprise, the mutual influence of resources among enterprises and the behavior decision of the main manufacturer have some effects on the resource integration using stability analysis and simulation analysis, which provides a theoretical basis for the main manufacturer to optimize the behavior of suppliers’ resource integration.

This paper analyses theoretically the effect of transportation and housing subsidies on urban sprawl, modal choice decisions and urban spatial structure using a spatial general equilibrium model in a monocentric city with two transport modes. Our analysis shows that public transit subsidy leads to urban shrink, whilst subsidizing automobile and housing make the city sprawl. We also find the effects of the other factors on urban sprawl, such as households income and demand, rural land rent, the income tax rate, the total fixed cost of public transit and automobile and the travelling marginal cost of public transit and automobile. Furthermore, this paper also studies how to maximize the urban-area-wide spatial equilibrium utility level.

In this paper, we study a centralized supply chain for a two-stage with selling price discount. This supply chain consists of a supplier and a retailer. Based on the feature that the product’s selling season is short and the supply chain faces great demand uncertainty. We consider a two-stage scenario where, at the beginning of stage 1, the supplier reserves production capacity based on historic data in advance, stage 2 comes to us after some leadtime, both the supplier and the retailer update the demand information, the retailer then places an order not exceeding the reserved capacity based on the selling-pricing discount dependent demand. We make optimal decisions on the reserved capacity in stage 1, selling price discount and order quantity in stage 2. In this supply chain, the pattern in stage 2 is figured out first, and then stage 1 is cleared as well. Then we present a numerical example to give some insights. Finally we get some conclusions.

The purpose of this paper is to investigate the pricing European call option valuation problems under the exercise price, maturity, risk-free interest rate, and the volatility function. An advance methodology, Chebyshev simulated annealing neural network (ChSANN), is enforced for the Black-Scholes (B-S) model with boundary conditions. Our scheme is stable and easy to implement on B-S equation, for arbitrary volatility and arbitrary interest rate values. Also, the comparative results demonstrate that the attained approximate solutions are converging towards the exact solution. The graphical results show that the increasing flow of the European call option as the exponential increase takes place in assets. The presented algorithm can be further applied to other financial models with certain boundary conditions. The algorithm of the method shows that the approach can also be easily employed on time-fractional B-S equation.

Given n vertices in a plane and UCAV going through each vertex once and only once and then coming back, the objective is to find the direction (heading) of motion in each vertex to minimize the smooth path of bounded curvature. This paper studies the headings of UCAV. First, the optimal headings for two vertices were given. On this basis, an n -player two-strategy game theoretic model was established. In addition, in order to obtain the mixed Nash equilibrium efficiently, n linear equations were set up. The simulation results demonstrated that the headings given in this paper are effective.

According to the precise ephemeris has only provided satellite position that is discrete not any time, so propose that make use of interpolation method to calculate satellite position at any time. The essay take advantage of IGS precise ephemeris data to calculate satellite position at some time by using Lagrange interpolation, Newton interpolation, Hermite interpolation, Cubic spline interpolation method, Chebyshev fitting method respectively, which has a deeply analysis in the precision of five interpolations. The results show that the precision of Cubic spline interpolation method is the worst, the precision of Chebyshev fitting is better than Hermite interpolation method. Lagrange interpolation and Newton interpolation are better than other methods in precision. Newton interpolation method has the advantages of high speed and high precision. Therefore, Newton interpolation method has a certain scientific significance and practical value to get the position of the satellite quickly and accurately.