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dc.contributor.authorKachani, Soulaymane
dc.contributor.authorPerakis, Georgia
dc.date.accessioned2003-11-29T19:57:45Z
dc.date.available2003-11-29T19:57:45Z
dc.date.issued2003-01
dc.identifier.urihttp://hdl.handle.net/1721.1/3734
dc.description.abstractFluid dynamics models provide a powerful deterministic technique to approximate stochasticity in a variety of application areas. In this paper, we study two classes of fluid models, investigate their relationship as well as some of their applications. This analysis allows us to provide analytical models of travel times as they arise in dynamically evolving environments, such as transportation networks as well as supply chains. In particular, using the laws of hydrodynamic theory, we first propose and examine a general second order fluid model. We consider a first-order approximation of this model and show how it is helpful in analyzing the dynamic traffic equilibrium problem. Furthermore, we present an alternate class of fluid models that are traditionally used in the context of dynamic traffic assignment. By interpreting travel times as price/inventory-sojourn-time relationships, we are also able to connect this approach with a tractable fluid model in the context of dynamic pricing and inventory management. Finally, we investigate the relationship between these two classes of fluid models.en
dc.description.sponsorshipSingapore-MIT Alliance (SMA)en
dc.format.extent295629 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.relation.ispartofseriesHigh Performance Computation for Engineered Systems (HPCES);
dc.subjectstochasticityen
dc.subjectfluid modelsen
dc.subjectdynamic traffic equilibrium problemen
dc.subjectprice/inventory-sojourn-time relationshipsen
dc.subjectdynamic pricingen
dc.subjectinventory managementen
dc.titleFluid Models for Traffic and Pricingen
dc.typeArticleen


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