A note on the optimal pricing and production decisions with price‐driven substitution

Recently, Kim and Bell ( 2011 ) developed a revenue managemnent pricing model with price‐driven substitution. The authors considered production decisions under unlimited production capacity and investigated the impact of price‐driven substitution on a firm's pricing and production decisions. The authors modeled the consumer demands for each market segment as linear additive demand function based on exogenous variables, where demand substitution occurred as a function of price differences between the two products. In this article, we extend this work to examine the impact of a production capacity constraint on the firm's joint pricing and inventory decisions. Based on this extended model, we investigate the impact of price‐driven substitution on a firm's pricing and production decisions where there is a limit on total capacity. We show how revenue managers should adjust prices and production levels to take into account price‐driven substitution under a capacity constraint setting. Both deterministic and stochastic models are developed, and the impact of price‐driven substitution and a capacity constraint on the optimal prices, production levels, and revenues is illustrated.     

How the environment determines banking efficiency: a comparison of banking firms in Taiwan,Hong Kong,and Mainland China

This study uses the three‐stage data envelopment analysis (DEA) model to explore the true managerial efficiency of the banking firms in Taiwan, Hong Kong, and Mainland China. The empirical results indicate that the environmental conditions have a significant impact on banking efficiency. When the country‐specific situations are important factors in explaining efficiency difference, the common frontier estimates obtained by neglecting those factors can generate biased and overestimated inefficiency levels. With findings obtained from the slack variable analyses, the current study can provide inefficient banks with ways to reduce their input waste through the adjustment of input allocations. The findings also confirm the importance of the three‐stage DEA and its applications in determining the true managerial efficiencies of banks. Without the three‐stage DEA, the management could be misguided when making strategic decisions and conducting inappropriate resource allocation.     

Integrated adaptive robust control for multilateral teleoperation systems under arbitrary time delays

With the increasing industrial requirements such as bigger size object, stable operation, and complex task, multilateral teleoperation systems extended from traditional bilateral teleoperation are widely developed. In this paper, the integrated control design is developed for multilateral teleoperation systems, where n master manipulators are operated by human to remotely control n slave manipulators cooperatively handling a target object. For the first time, the control objectives of multilateral teleoperation including stability, synchronization, transparency, and internal force distribution are clarified systematically. A novel communication architecture is proposed to cope with communication delays, where the estimated environmental parameters are transmitted from the slave side to the master, to replace the traditional environmental force measurement in the communication channel. A kind of nonlinear adaptive robust control technique is used to deal with nonlinearities, unknown parameters, and modeling uncertainties existing in the master, slave, and environmental dynamics, so that the excellent tracking performance is achieved in both master and slave sides. The coordinated motion/force control is designed in the slave side by the optimal internal force distribution among n slave manipulators, and the impedance control is designed in the master side to realize the target transparency behavior. In summary, the proposed control algorithm can achieve the guaranteed robust stability, the excellent synchronization and transparency performance, and the optimal internal force distribution simultaneously for multilateral teleoperation systems under arbitrary time delays and various modeling uncertainties. The simulation is carried out on a 2‐master/2‐slave teleoperation system, and the results show the effectiveness of the proposed control design. Copyright © 2015 John Wiley & Sons, Ltd.     

Adaptive finite‐time control for nonlinear teleoperation systems with asymmetric time‐varying delays

This paper addresses the adaptive finite‐time control problem of nonlinear teleoperation system in the presence of asymmetric time‐varying delays. To achieve the finite‐time position tracking, a novel adaptive finite‐time coordination algorithm based on subsystem decomposition is developed. By introducing a switching‐technique‐based error filtering into our design framework, the complete closed‐loop master (slave) teleoperation system is modeled as a special class of switched system, which is composed of two subsystems. To analyze such system, a finite‐time state‐independent input‐to‐output stability criterion is first developed for some normal switched nonlinear delayed systems. Then based on the classical Lyapunov–Krasovskii method, the stability of complete closed‐loop systems is obtained. It is shown that the proposed scheme can make the position errors converge into a deterministic domain in finite time when the robots continuously contact with human operator and/or the environment in the presence of asymmetric time‐varying delays. Finally, the simulation results are given to demonstrate the effectiveness. Copyright © 2015 John Wiley & Sons, Ltd.     

The Nyquist stability criterion in the Nichols chart

The Nyquist stability criterion is a widely used technique for determining in the complex s‐plane the stability of a dynamical system with feedback. This paper presents a practical and comprehensive method to compute the Nyquist stability criterion directly in the Nichols (magnitude/phase) chart. The proposed method also gives guidelines to design controllers to stabilize unstable plants when dealing with frequency domain techniques like the quantitative feedback theory robust control. Copyright © 2015 John Wiley & Sons, Ltd.     

A timing controller embedded driver IC with 3.24‐Gbps eDP interface for chip‐on‐glass TFT‐LCD applications

This paper presents a timing controller embedded driver (TED) IC with 3.24‐Gbps embedded display port (eDP), which is implemented using a 45‐nm high‐voltage CMOS process for the chip‐on‐glass (COG) TFT‐LCD applications. The proposed TED‐IC employs the input offset calibration scheme, the zero‐adjustable equalizer, and the phase locked loop‐based bang‐bang clock and data recovery to enhance the maximum data rate. Also, the proposed TED‐IC provides efficient power management by supporting advanced link power management feature of eDP standard v1.4. Additionally, the smart charge sharing is proposed to reduce the dynamic power consumption of output buffers. Measured result demonstrates the maximum data rate of 3.24 Gbps from a 1.1 V supply voltage with a 7.9‐inch QXGA 60‐Hz COG‐LCD prototype panel and 44% power saving from the display system.     

An adaptive generation method for electrophoretic display driving waveform design

Electrophoretic display (EPD) technology is attractive when used for reading devices such as e‐paper because of its paper‐like appearance. EPD driving is more complex than other display technologies such as liquid crystal display or organic light emission diode because the driving result of a pixel strongly depends on the initial display state. The particle size and distribution in the EPD film may vary, even if the initial state is the same. Therefore, the display devices vary between different manufacturing batches. Furthermore, different display modes such as videos, pictures or documents need different driving waveforms to achieve an optimal result. EPD manufacturers need to build a customized driving waveform for every manufacturing batch. This is very inconvenient if new applications on EPD are to be developed. And the workload is huge. In this work, an adaptive method is described for automatically creating EPD driving waveforms to fit different conditions. The central idea of this method is generally adjusting the driving time and the voltage state after getting the feedback from a measurement model. In this method, a new driving waveform is used to reduce refresh time and visual flicker. The experimental results show that the proposed approach can automatically and adaptively generate an EPD driving waveform with reasonable quality.     

Finite‐time asynchronous filtering for discrete‐time Markov jump systems over a lossy network

This paper is concerned with the problem of finite‐time asynchronous filtering for a class of discrete‐time Markov jump systems. The communication links between the system and filter are assumed to be unreliable, which lead to the simultaneous occurrences of packet dropouts, time delays, sensor nonlinearity and nonsynchronous modes. The objective is to design a filter that ensures not only the mean‐square stochastic finite‐time bounded but also a prescribed level of performance for the underlying error system over a lossy network. With the help of the Lyapunov–Krasovskii approach and stochastic analysis theory, sufficient conditions are established for the existence of an admissible filter. By using a novel simple matrix decoupling approach, a desired asynchronous filter can be constructed. Finally, a numerical example is presented and a pulse‐width‐modulation‐driven boost converter model is employed to demonstrate the effectiveness of the proposed approach. Copyright © 2016 John Wiley & Sons, Ltd.