Solution strategies for integrated distribution, production, and relocation problems arising in modular manufacturing
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We examine the interrelationships of national forest timber bid and log export prices for Douglas-fir (Region 6) in 2003–2021 and loblolly pine (Region 8) using time-series stationarity and bounds-testing approaches. The analysis shows the difference in time series properties across different geographies and time scales. Bid prices for these dominant species of timber in each of two Forest Service regions are found to be stationary, while log export prices for those same species appear to be non-stationary. Bounds testing conducted with autoregressive distributed lag modeling methods provides strong evidence for a cointegrating relationship between timber bid prices and log export prices in Forest Service Region 6. In Region 8, evidence for a cointegrating relationship was weak. Here, the share of salvage wood in national forest timber sales is a statistically significant control variable in all models estimated.
The paper considers testing and signal identification for covariance matrices from two populations of marginally sub-Gaussian distributed. A multi-level thresholding procedure is proposed for testing the equality of two high-dimensional covariance matrices, which is designed to detect sparse and faint differences between the covariances. A novel -statistic composition is developed to establish the asymptotic distribution of the thresholding statistics in conjunction with the matrix blocking and the coupling techniques. It is shown that the proposed test is more powerful than the existing tests in detecting sparse and weak signals in covariances. Multiple testing procedures are constructed to discover different covariances and the sub-groups of variables with different covariance structures between the two populations. The proposed procedures are based on the multi-level thresholding test, which are able to control the false discovery proportion () with high power. Simulation experiments and a case study on the returns of the S&P 500 stocks before and after the COVID-19 pandemic are conducted to demonstrate and compare the utilities of the proposed methods.
Transportation system models rely heavily upon value of time (VOT) estimates to predict customer behavior. Accurate VOT estimates are particularly vital for planning new services such as on-demand ride hailing or microtransit because customers’ sensitivity to wait time, walk time, and route detour time affects their likelihood of selecting these modes. If an incorrect VOT is assumed during service planning, then ridership will be depressed because of a mismatch between their preferences and how the system is designed. In this paper, we report on the measurement of VOT for microtransit, a shared first-mile/last-mile mobility service, obtained using stated preference microdata from four U.S. cities. Here, we found a median in-vehicle VOT for microtransit of $\$$18.63 (95% CI: $\$$13.39–$\$$24.46) and an access VOT of $\$$75.38 (95% CI: $\$$59.22–$\$$94.96). The former is practically equal to the VOT we found for respondents’ current modes ($\$$20.24, 95% CI: $\$$13.71–$\$$26.94). We also found that men, younger riders, the highly educated, and transit riders are more likely to be interested in microtransit. Since the disutility of time spent on microtransit is not higher than that of other modes, we believe this new service has the potential to attract riders, and particularly if the system is designed with low waiting and walking times.
The uncertainty in work end time can prevent ridesharing between two commuters with identical home and work locations. This effect can be alleviated by autonomous vehicles (AV): when two commuters share a ride from home to work, if the realized work end times result in a long wait between the two, an additional AV can be easily repositioned from home to work, whereas with regular human-driven vehicles one has to either bear the long wait or request expensive taxi service. This observation implies that AVs have great potential for increasing commute ridesharing. To study this effect, we develop evening commute bottleneck models with uncertain work end time and establish mode choice equilibrium for the round-trip commute. We find that, with regular vehicles, because of the expected waiting cost caused by work end time uncertainty, commuters typically do not share rides even though they have the same home and work locations. With AVs, commuters always share rides for the morning commute, and they also share rides for the evening commute if their work end times turn out to be close; otherwise, they reposition an additional AV to pick one of them up. Finally, our numerical examples show that AVs can encourage commute ridesharing and significantly reduce the expected round-trip travel costs for commuters.
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Common-carrier parcel lockers have emerged as a secure, automated, self-service means of delivery consolidation in congested urban areas, which are believed to mitigate last-mile delivery challenges through reducing out-of-vehicle delivery times and consequently vehicle dwell times at the curb. However, little research exists to empirically demonstrate the environmental and efficiency gains from this technology. In this study, we designed a nonequivalent groups pre-test/post-test control experiment to estimate the causal effects of a parcel locker on delivery times in a residential building in downtown Seattle, WA. Here, the causal effects are measured in terms of vehicle dwell time and the time delivery couriers spend inside the building, through the difference-in-difference method and using a similar nearby residential building as a control. The results showed a statistically significant decrease in time spent inside the building, and small yet insignificant reduction in delivery vehicle dwell time at the curb. The locker was also well received by the building managers and residents.
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Growing literature points to the effectiveness of leveraging social interactions and nudges to spur adoption of prosocial behaviors. This study investigates a large-scale behavioral intervention designed to actively leverage social learning and peer interactions to encourage adoption of residential solar photovoltaic systems. Municipalities choose a solar installer offering group pricing and undertake an informational campaign driven by volunteer ambassadors. We find a causal treatment effect of 37 installations per municipality from the campaigns and no evidence of harvesting or persistence. The intervention also lowers installation prices. Randomized controlled trials based on the intervention show that selection into the program is important, whereas group pricing is not. Our results suggest that the program provided economies of scale and lowered consumer acquisition costs, leading to low-cost emission reductions. This paper was accepted by Matthew Shum, marketing.
With a manifold growth in the scale and intricacy of systems, the challenges of parametric misspecification become pronounced. These concerns are further exacerbated in compositional settings, which emerge in problems complicated by modeling risk and robustness. In “Data-Driven Compositional Optimization in Misspecified Regimes,” the authors consider the resolution of compositional stochastic optimization problems, plagued by parametric misspecification. In considering settings where such misspecification may be resolved via a parallel learning process, the authors develop schemes that can contend with diverse forms of risk, dynamics, and nonconvexity. They provide asymptotic and rate guarantees for unaccelerated and accelerated schemes for convex, strongly convex, and nonconvex problems in a two-level regime with extensions to the multilevel setting. Surprisingly, the nonasymptotic rate guarantees show no degradation from the rate statements obtained in a correctly specified regime and the schemes achieve optimal (or near-optimal) sample complexities for general T-level strongly convex and nonconvex compositional problems.
The Role of Boundaries in the Spreading of Solar Peer effects by neighbors play a key role in the spreading of residential solar. Thus, people are more likely to install a solar system on their roof if some of their neighbors have already done so. Because people who live near the municipality boundary have fewer neighbors, does this imply that they are less likely to adopt solar? In “Boundary Effects in the Diffusion of New Products on Cartesian Networks,” Fibich, Levin, and Gillingham analyze this problem analytically using the Bass model on two-dimensional networks and empirically using data on installations of solar systems. They show that boundaries have a significant impact on the adoption of residential units near the municipality boundary. Their effect on the aggregate adoption in the municipality, however, is negligible.