The Incorporation of Target Performance Measures and Constrained Optimisation in the Newsboy Problem

2000 ◽  
Vol 51 (6) ◽  
pp. 744
Author(s):  
M. A. Pearson
Author(s):  
Ufuk Cebeci ◽  
Zehra Düzgit ◽  
Cansu Çavdar

Global warming affects everyone, and the effects will be more dangerous all over the world in time. Therefore, it is very important to use our world's limited resources and to prefer the renewable resources such as solar energy and wind energy. In this study, the authors consider an elevator system, which includes a solar-powered and conventional one with some new Internet-of-Things (IoT) features. The elevator may be operated by both electric energy and solar energy. Solar energy, as being a renewable energy source, leads to various benefits. Internet-of-Things-enabled elevator has a global system for mobile communications (GSM) module to send messages to pre-specified receivers in case of a power failure. The target performance measures are defined, and the advantages of the solar-powered smart elevator are explained.


2013 ◽  
Vol 27 (2) ◽  
pp. 21-34 ◽  
Author(s):  
Hans van der Heijden

ABSTRACT This study examines aspects of dual performance measures in the context of organizations disclosing operational performance to the general public through information dashboards. Dual performance measures are measures where performance is a function of two values, one value denoting the percentage of a group to which the measure refers and one value denoting the performance level achieved by that particular percentage. Dual measures must be anchored to either target percentage or target performance level before a decision on over- or under-performance can be made. A 2 × 2 experiment (n = 222), involving performance assessment of a fictional emergency room, varies anchor and presentation format, and measures the effects on subjective performance of the emergency room, as well as perceived informativeness and attractiveness of the dashboard. The results indicate, first, that choice of anchor matters, in the sense that anchor choice can mask or accentuate relevant information, thereby influencing subjective performance. Second, a pictorial unit chart combined with a performance-level anchor is perceived to be the most informative and most attractive dashboard display. The study contributes to research on the design of information dashboards by developing theory on the effectiveness of reporting dual performance measures.


Author(s):  
Ufuk Cebeci ◽  
Zehra Düzgit ◽  
Cansu Çavdar

Global warming affects everyone, and the effects will be more dangerous all over the world in time. Therefore, it is very important to use our world's limited resources and to prefer the renewable resources such as solar energy and wind energy. In this study, the authors consider an elevator system, which includes a solar-powered and conventional one with some new Internet-of-Things (IoT) features. The elevator may be operated by both electric energy and solar energy. Solar energy, as being a renewable energy source, leads to various benefits. Internet-of-Things-enabled elevator has a global system for mobile communications (GSM) module to send messages to pre-specified receivers in case of a power failure. The target performance measures are defined, and the advantages of the solar-powered smart elevator are explained.


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