Abstract: The goal of this paper is to find Wardrop equilibrium
in transport networks at case of uncertainty situations, where the
uncertainty comes from lack of information. We use simulation tool
to find the equilibrium, which gives only approximate solution, but
this is sufficient for large networks as well. In order to take the
uncertainty into account we have developed an interval-based
procedure for finding the paths with minimal cost using the
Dempster-Shafer theory. Furthermore we have investigated the users-
behaviors using game theory approach, because their path choices
influence the costs of the other users- paths.
Abstract: The importance of inter-organizational system (IOS)
has been increasingly recognized by organizations. However, IOS
adoption has proved to be difficult and, at this stage, why this is so is
not fully uncovered. In practice, benefits have often remained
concentrated, primarily accruing to the dominant party, resulting in
low rates of adoption and usage, and often culminating in the failure
of the IOS. The main research question is why organizations initiate
or join IOS and what factors influence their adoption and use levels.
This paper reviews the literature on IOS adoption and proposes a
theoretical framework in order to identify the critical factors to
capture a complete picture of IOS adoption. With our proposed
critical factors, we are able to investigate their relative contributions
to IOS adoption decisions. We obtain findings that suggested that
there are five groups of factors that significantly affect the adoption
and use decision of IOS in the Supply Chain Management (SCM)
context: 1) interorganizational context, 2) organizational context, 3)
technological context, 4) perceived costs, and 5) perceived benefits.
Abstract: Housebuilders in England have been the target of numerous government policies in recent years promoting increased productivity and affordability. As a result, the housebuilding industry is currently faced with objectives to improve the affordability and sustainability of new homes whilst also increasing production rates to 240,000 per year by 2016.Yet amidst a faltering economic climate, the UK Government is forging ahead with the 'Code for Sustainable Homes', which includes stringent sustainable standards for all new homes and sets ambitious targets for the housebuilding industry, the culmination of which is the production of zero carbon homes by 2016.Great uncertainty exists amongst housebuilders as to the costs, benefits and risks of building zero carbon homes. This paper examines the key barriers to zero carbon homes from housebuilders- perspective. A comprehensive opinion on the challenges to deliver zero carbon homes is gathered through a questionnaire survey issued to the major housing developers in England. The study found that a number of cultural, legislative, and financial barriers stand in the way of the widespread construction of zero carbon homes. The study concludes with several recommendations to both the Government and the housebuilding industry to address the barriers that hinder a successful delivery of zero carbon homes in England.
Abstract: Recent advancements in sensor technologies and
Wireless Body Area Networks (WBANs) have led to the
development of cost-effective healthcare devices which can be used
to monitor and analyse a person-s physiological parameters from
remote locations. These advancements provides a unique opportunity
to overcome current healthcare challenges of low quality service
provisioning, lack of easy accessibility to service varieties, high costs
of services and increasing population of the elderly experienced
globally. This paper reports on a prototype implementation of an
architecture that seamlessly integrates Wireless Body Area Network
(WBAN) with Web services (WS) to proactively collect
physiological data of remote patients to recommend diagnostic
services. Technologies based upon WBAN and WS can provide
ubiquitous accessibility to a variety of services by allowing
distributed healthcare resources to be massively reused to provide
cost-effective services without individuals physically moving to the
locations of those resources. In addition, these technologies can
reduce costs of healthcare services by allowing individuals to access
services to support their healthcare. The prototype uses WBAN body
sensors implemented on arduino fio platforms to be worn by the
patient and an android smart phone as a personal server. The
physiological data are collected and uploaded through GPRS/internet
to the Medical Health Server (MHS) to be analysed. The prototype
monitors the activities, location and physiological parameters such as
SpO2 and Heart Rate of the elderly and patients in rehabilitation.
Medical practitioners would have real time access to the uploaded
information through a web application.
Abstract: Literature reveals that many investors rely on technical trading rules when making investment decisions. If stock markets are efficient, one cannot achieve superior results by using these trading rules. However, if market inefficiencies are present, profitable opportunities may arise. The aim of this study is to investigate the effectiveness of technical trading rules in 34 emerging stock markets. The performance of the rules is evaluated by utilizing White-s Reality Check and the Superior Predictive Ability test of Hansen, along with an adjustment for transaction costs. These tests are able to evaluate whether the best model performs better than a buy-and-hold benchmark. Further, they provide an answer to data snooping problems, which is essential to obtain unbiased outcomes. Based on our results we conclude that technical trading rules are not able to outperform a naïve buy-and-hold benchmark on a consistent basis. However, we do find significant trading rule profits in 4 of the 34 investigated markets. We also present evidence that technical analysis is more profitable in crisis situations. Nevertheless, this result is relatively weak.
Abstract: The main objective of this paper is to analyse the influence of preparation and control of orders on performance. The focused activities explored in this research are: procurement, production and distribution. These changes in performance were obtained through improvement of the supply chain. It is proved using all the company activities that it is possible to increase de efficiency and do services in an adequate way, placing the products in the market efficiently. For that, it was explored the importance of the supply chain, with privilege to the practical environment and the quantification of the obtained results.
Abstract: In this paper, we proposed an efficient data
compression strategy exploiting the multi-resolution characteristic of
the wavelet transform. We have developed a sensor node called
“Smart Sensor Node; SSN". The main goals of the SSN design are
lightweight, minimal power consumption, modular design and robust
circuitry. The SSN is made up of four basic components which are a
sensing unit, a processing unit, a transceiver unit and a power unit.
FiOStd evaluation board is chosen as the main controller of the SSN
for its low costs and high performance. The software coding of the
implementation was done using Simulink model and MATLAB
programming language. The experimental results show that the
proposed data compression technique yields recover signal with good
quality. This technique can be applied to compress the collected data
to reduce the data communication as well as the energy consumption
of the sensor and so the lifetime of sensor node can be extended.
Abstract: Business rules are widely used within the services
sector. They provide consistency and allow relatively unskilled staff
to process complex transactions correctly. But there are many
examples where the rules themselves have an impact on the costs and
profits of an organisation. Financial services, transport and human
services are areas where the rules themselves can impact the bottom
line in a predictable way. If this is the case, how can we find that set
of rules that maximise profit, performance or customer service, or
any other key performance indicators? The manufacturing, energy
and process industries have embraced mathematical optimisation
techniques to improve efficiency, increase production and so on. This
paper explores several real world (but simplified) problems in the
services sector and shows how business rules can be optimised. It
also examines the similarities and differences between the service
and other sectors, and how optimisation techniques could be used to
deliver similar benefits.
Abstract: This paper considers the influence of promotion
instruments for renewable energy sources (RES) on a multi-energy
modeling framework. In Europe, so called Feed-in Tariffs are
successfully used as incentive structures to increase the amount of
energy produced by RES. Because of the stochastic nature of large
scale integration of distributed generation, many problems have
occurred regarding the quality and stability of supply. Hence, a
macroscopic model was developed in order to optimize the power
supply of the local energy infrastructure, which includes electricity,
natural gas, fuel oil and district heating as energy carriers. Unique
features of the model are the integration of RES and the adoption of
Feed-in Tariffs into one optimization stage. Sensitivity studies are
carried out to examine the system behavior under changing profits
for the feed-in of RES. With a setup of three energy exchanging
regions and a multi-period optimization, the impact of costs and
profits are determined.
Abstract: Electric vehicles are considered as technology which
can significantly reduce the problems related to road transport such
as increasing GHG emissions, air pollutions and energy import
dependency.
The core objective of this paper is to analyze the current energetic,
ecological and economic characteristics of different types of electric
vehicles.
The major conclusions of this analysis are: The high investments
cost are the major barrier for broad market breakthrough of battery
electric vehicles and fuel cell vehicles. For battery electric vehicles
also the limited driving range states a key obstacle. The analyzed
hybrids could in principle serve as a bridging technology. However,
due to their tank-to-wheel emissions they cannot state a proper
solution for urban areas.
Finally, the most important perception is that also battery electric
vehicles and fuel cell vehicles are environmentally benign solution if
the primary fuel source is renewable.
Abstract: Modern manufacturing facilities are large scale,
highly complex, and operate with large number of variables under
closed loop control. Early and accurate fault detection and diagnosis
for these plants can minimise down time, increase the safety of plant
operations, and reduce manufacturing costs. Fault detection and
isolation is more complex particularly in the case of the faulty analog
control systems. Analog control systems are not equipped with
monitoring function where the process parameters are continually
visualised. In this situation, It is very difficult to find the relationship
between the fault importance and its consequences on the product
failure. We consider in this paper an approach to fault detection and
analysis of its effect on the production quality using an adaptive
centring and scaling in the pickling process in cold rolling. The fault
appeared on one of the power unit driving a rotary machine, this
machine can not track a reference speed given by another machine.
The length of metal loop is then in continuous oscillation, this affects
the product quality. Using a computerised data acquisition system,
the main machine parameters have been monitored. The fault has
been detected and isolated on basis of analysis of monitored data.
Normal and faulty situation have been obtained by an artificial neural
network (ANN) model which is implemented to simulate the normal
and faulty status of rotary machine. Correlation between the product
quality defined by an index and the residual is used to quality
classification.
Abstract: This paper deals with a novel approach of power
transformers diagnostics. This approach identifies the exact location
and the range of a fault in the transformer and helps to reduce
operation costs related to handling of the faulty transformer, its
disassembly and repair. The advantage of the approach is a
possibility to simulate healthy transformer and also all faults, which
can occur in transformer during its operation without its
disassembling, which is very expensive in practice. The approach is
based on creating frequency dependent impedance of the transformer
by sweep frequency response analysis measurements and by 3D FE
parametrical modeling of the fault in the transformer. The parameters
of the 3D FE model are the position and the range of the axial short
circuit. Then, by comparing the frequency dependent impedances of
the parametrical models with the measured ones, the location and the
range of the fault is identified. The approach was tested on a real
transformer and showed high coincidence between the real fault and
the simulated one.
Abstract: Liquidity risk management ranks to key concepts
applied in finance. Liquidity is defined as a capacity to obtain
funding when needed, while liquidity risk means as a threat to this
capacity to generate cash at fair costs. In the paper we present
challenges of liquidity risk management resulting from the 2007-
2009 global financial upheaval. We see five main regulatory
liquidity risk management issues requiring revision in coming
years: liquidity measurement, intra-day and intra-group liquidity
management, contingency planning and liquidity buffers, liquidity
systems, controls and governance, and finally models testing the
viability of business liquidity models.
Abstract: From an economic standpoint the current and future
road traffic situation in urban areas is a cost factor. Traffic jams and
congestion prolong journey times and tie up resources in trucks and
personnel. Many discussions about imposing charges or tolls for
cities in Europe in order to reduce traffic congestion are currently in
progress. Both of these effects lead – directly or indirectly - to
additional costs for the urban distribution systems in retail
companies. One approach towards improving the efficiency of retail
distribution systems, and thus towards avoiding negative
environmental factors in urban areas, is horizontal collaboration for
deliveries to retail outlets – Urban Retail Logistics. This paper
presents a classification system to help reveal where cooperation
between retail companies is possible and makes sense for deliveries
to retail outlets in urban areas.
Abstract: This paper presents the determination of the proper
quality costs parameters which provide the optimum return. The
system dynamics simulation was applied. The simulation model was
constructed by the real data from a case of the electronic devices
manufacturer in Thailand. The Steepest Descent algorithm was
employed to optimise. The experimental results show that the
company should spend on prevention and appraisal activities for 850
and 10 Baht/day respectively. It provides minimum cumulative total
quality cost, which is 258,000 Baht in twelve months. The effect of
the step size in the stage of improving the variables to the optimum
was also investigated. It can be stated that the smaller step size
provided a better result with more experimental runs. However, the
different yield in this case is not significant in practice. Therefore, the
greater step size is recommended because the region of optima could
be reached more easily and rapidly.
Abstract: Main goal of preventive healthcare problems are at
decreasing the likelihood and severity of potentially life-threatening
illnesses by protection and early detection. The levels of
establishment and staffing costs along with summation of the travel
and waiting time that clients spent are considered as objectives
functions of the proposed nonlinear integer programming model. In
this paper, we have proposed a bi-objective mathematical model for
designing a network of preventive healthcare facilities so as to
minimize aforementioned objectives, simultaneously. Moreover, each
facility acts as M/M/1 queuing system. The number of facilities to be
established, the location of each facility, and the level of technology
for each facility to be chosen are provided as the main determinants
of a healthcare facility network. Finally, to demonstrate performance
of the proposed model, four multi-objective decision making
techniques are presented to solve the model.
Abstract: Knowledge management is a critical component of
competitive success in service organizations. Knowledge
management centers on creating new knowledge and utilizing
existing knowledge. While utilizing existing knowledge relates to
input and control and can lead to a reduction in costs; creating new
knowledge relates to output and growth and can lead to an increase in
revenue. Therefore managers must ensure that they can successfully
optimize the knowledge and talent in their organizations. To do this
they and must try to develop an environment that promotes the
generation, acquisition, transfer and use of valuable knowledge in
creative ways. However knowledge management is complex and
diverse. Research suggests that organizations in general and SMEs in
particular are finding it difficult to implement successful knowledge
management initiatives. Our research attempts to understand whether
organizations are adopting best practice initiatives in their
organizations. This paper presents findings from an exploratory study
of 139 SMEs operating in the tourism sector across Europe. The
goals of the survey is to assess the level of awareness of knowledge
and talent management strategies and methodologies and to
determine whether the responding companies implement best practice
knowledge management initiatives in their organizations Analysis of
the findings from the study are presented and discussed.
Abstract: This study examines regional convergence in per capita personal income in the US and Canada. We find that the disparity in real per capita income levels across US states (Canadian provinces) has declined, but income levels are not identical. Income levels become more aligned once costs of living are accounted for in relative per capita income series. US states (Canadian provinces) converge at an annual rate of between 1.3% and 2.04% (between 2.15% and 2.37%). A pattern of σ and β-convergence in per capita personal income across regions evident over the entire sample period, is reversed over 1979-1989 (1976-1990) period. The reversal may be due to sectoral or region-specific shocks that have highly persistent effects. The latter explanation might be true for half of the US and most of Canada.
Abstract: Recently, the issue of machine condition monitoring
and fault diagnosis as a part of maintenance system became global
due to the potential advantages to be gained from reduced
maintenance costs, improved productivity and increased machine
availability. The aim of this work is to investigate the effectiveness
of a new fault diagnosis method based on power spectral density
(PSD) of vibration signals in combination with decision trees and
fuzzy inference system (FIS). To this end, a series of studies was
conducted on an external gear hydraulic pump. After a test under
normal condition, a number of different machine defect conditions
were introduced for three working levels of pump speed (1000, 1500,
and 2000 rpm), corresponding to (i) Journal-bearing with inner face
wear (BIFW), (ii) Gear with tooth face wear (GTFW), and (iii)
Journal-bearing with inner face wear plus Gear with tooth face wear
(B&GW). The features of PSD values of vibration signal were
extracted using descriptive statistical parameters. J48 algorithm is
used as a feature selection procedure to select pertinent features from
data set. The output of J48 algorithm was employed to produce the
crisp if-then rule and membership function sets. The structure of FIS
classifier was then defined based on the crisp sets. In order to
evaluate the proposed PSD-J48-FIS model, the data sets obtained
from vibration signals of the pump were used. Results showed that
the total classification accuracy for 1000, 1500, and 2000 rpm
conditions were 96.42%, 100%, and 96.42% respectively. The results
indicate that the combined PSD-J48-FIS model has the potential for
fault diagnosis of hydraulic pumps.
Abstract: Nowadays companies in all sectors are looking for the
sources of competitive advantages. Holistic marketing approach
searches for their emergence based on the integration of all
components and elements across the organization. Modern marketing
sees the sources of competitive advantage in implementing the latest
managerial practices, motivation, intelligent project management,
knowledge management, collaborative marketing, CSR and, in the
recent years, also in the business process optimization. With the use
of modern tools including business process management and business
process modelling the company can markedly increase its internal
efficiency which can lead not only to lowering the costs but to
creating the environment for optimal customer care, positive
corporate culture and for origination of innovations as well. In the
article the authors analyze the recent trend in this area and introduce
suggestions to companies to identify and optimize the key processes
that have a significant impact of the company´s competitiveness.