Abstract: Project managers are the ultimate responsible for the
overall characteristics of a project, i.e. they should deliver the project
on time with minimum cost and with maximum quality. It is vital for
any manager to decide a trade-off between these conflicting
objectives and they will be benefited of any scientific decision
support tool. Our work will try to determine optimal solutions (rather
than a single optimal solution) from which the project manager will
select his desirable choice to run the project. In this paper, the
problem in project scheduling notated as
(1,T|cpm,disc,mu|curve:quality,time,cost) will be studied. The
problem is multi-objective and the purpose is finding the Pareto
optimal front of time, cost and quality of a project
(curve:quality,time,cost), whose activities belong to a start to finish
activity relationship network (cpm) and they can be done in different
possible modes (mu) which are non-continuous or discrete (disc), and
each mode has a different cost, time and quality . The project is
constrained to a non-renewable resource i.e. money (1,T). Because
the problem is NP-Hard, to solve the problem, a meta-heuristic is
developed based on a version of genetic algorithm specially adapted
to solve multi-objective problems namely FastPGA. A sample project
with 30 activities is generated and then solved by the proposed
method.
Abstract: In this paper we suggest a method for setting
electronic credits for the customers. In this method banks and
market-sites help each other to make doing large shopping through
internet so easy. By developing this system, the people who have less
money to buy most of the things they want, become able to buy all of
them just through a credit. This credit is given by market-sites
through a banking control on it. The method suggested can stop
being imprisoned because of banking debts.
Abstract: In this paper, an inventory model with finite and
constant replenishment rate, price dependant demand rate, time
value of money and inflation, finite time horizon, lead time and
exponential deterioration rate and with the objective of maximizing
the present worth of the total system profit is developed. Using a
dynamic programming based solution algorithm, the optimal
sequence of the cycles can be found and also different optimal
selling prices, optimal order quantities and optimal maximum
inventories can be obtained for the cycles with unequal lengths,
which have never been done before for this model. Also, a
numerical example is used to show accuracy of the solution
procedure.
Abstract: Global competitiveness has recently become the
biggest concern of both manufacturing and service companies.
Electronic commerce, as a key technology enables the firms to reach
all the potential consumers from all over the world. In this study, we
have presented commonly used electronic payment systems, and then
we have shown the evaluation of these systems in respect to different
criteria. The payment systems which are included in this research are
the credit card, the virtual credit card, the electronic money, the
mobile payment, the credit transfer and the debit instruments. We
have realized a systematic comparison of these systems in respect to
three main criteria: Technical, economical and social. We have
conducted a fuzzy multi-criteria decision making procedure to deal
with the multi-attribute nature of the problem. The subjectiveness
and imprecision of the evaluation process are modeled using
triangular fuzzy numbers.
Abstract: Prior to 1975, women in Laos suffered from having
reduced levels of power over decision-making in their families and in
their communities. This has had a negative impact on their ability to
develop their own identities. Their roles were identified as being
responsible for household activities and making preparations for their
marriage. Many women lost opportunities to get educated and access
the outdoor work that might have empowered them to improve their
situations. So far, no accurate figures of either emigrants or return
migrants have been compiled but it appears that most of them were
women, and it was women who most and more frequently remitted
money home. However, very few recent studies have addressed the
relationship between remittances and the roles of women in Laos.
This study, therefore, aims at redressing to some extent the
deficiencies in knowledge. Qualitative techniques were used to gather
data, including individual in-depth interviews and direct observation
in combination with the content analysis method. Forty women in
Vientiane Municipality and Savannakhet province were individually
interviewed. It was found that the monetary remittance was typically
used for family security and well-being; on fungible activities; on
economic and business activities; and on community development,
especially concerning hospitality and providing daily household
necessities. Remittances played important roles in improving many
respondents- livelihoods and positively changed their identities in
families and communities. Women became empowered as they were
able to start commercial businesses, rather than taking care of (just)
housework, children and elders. Interviews indicated that 92.5% of
the respondents their quality of lives improved, 90% felt happier in
their families and 82.5% felt conflicts in their families were reduced.
Abstract: Due to the increasing and varying risks that economic units face with, derivative instruments gain substantial importance, and trading volumes of derivatives have reached very significant level. Parallel with these high trading volumes, researchers have developed many different models. Some are parametric, some are nonparametric. In this study, the aim is to analyse the success of artificial neural network in pricing of options with S&P 100 index options data. Generally, the previous studies cover the data of European type call options. This study includes not only European call option but also American call and put options and European put options. Three data sets are used to perform three different ANN models. One only includes data that are directly observed from the economic environment, i.e. strike price, spot price, interest rate, maturity, type of the contract. The others include an extra input that is not an observable data but a parameter, i.e. volatility. With these detail data, the performance of ANN in put/call dimension, American/European dimension, moneyness dimension is analyzed and whether the contribution of the volatility in neural network analysis make improvement in prediction performance or not is examined. The most striking results revealed by the study is that ANN shows better performance when pricing call options compared to put options; and the use of volatility parameter as an input does not improve the performance.
Abstract: Modern civilization has come in recent decades into a new phase in its development, called the information society. The concept of "information society" has become one of the most common. Therefore, the attempt to understand what exactly the society we live in, what are its essential features, and possible future scenarios, is important to the social and philosophical analysis. At the heart of all these deep transformations is more increasing, almost defining role knowledge and information as play substrata of «information society». The mankind opened for itself and actively exploits a new resource – information. Information society puts forward on the arena new type of the power, at the heart of which activity – mastering by a new resource: information and knowledge. The password of the new power – intelligence as synthesis of knowledge, information and communications, the strength of mind, fundamental sociocultural values. In a postindustrial society, the power of knowledge and information is crucial in the management of the company, pushing into the background the influence of money and state coercion.
Abstract: Money laundering has been described by many as the lifeblood of crime and is a major threat to the economic and social well-being of societies. It has been recognized that the banking system has long been the central element of money laundering. This is in part due to the complexity and confidentiality of the banking system itself. It is generally accepted that effective anti-money laundering (AML) measures adopted by banks will make it tougher for criminals to get their "dirty money" into the financial system. In fact, for law enforcement agencies, banks are considered to be an important source of valuable information for the detection of money laundering. However, from the banks- perspective, the main reason for their existence is to make as much profits as possible. Hence their cultural and commercial interests are totally distinct from that of the law enforcement authorities. Undoubtedly, AML laws create a major dilemma for banks as they produce a significant shift in the way banks interact with their customers. Furthermore, the implementation of the laws not only creates significant compliance problems for banks, but also has the potential to adversely affect the operations of banks. As such, it is legitimate to ask whether these laws are effective in preventing money launderers from using banks, or whether they simply put an unreasonable burden on banks and their customers. This paper attempts to address these issues and analyze them against the background of the Malaysian AML laws. It must be said that effective coordination between AML regulator and the banking industry is vital to minimize problems faced by the banks and thereby to ensure effective implementation of the laws in combating money laundering.
Abstract: Bio-chips are used for experiments on genes and
contain various information such as genes, samples and so on. The
two-dimensional bio-chips, in which one axis represent genes and the
other represent samples, are widely being used these days. Instead of
experimenting with real genes which cost lots of money and much
time to get the results, bio-chips are being used for biological
experiments. And extracting data from the bio-chips with high
accuracy and finding out the patterns or useful information from such
data is very important. Bio-chip analysis systems extract data from
various kinds of bio-chips and mine the data in order to get useful
information. One of the commonly used methods to mine the data is
classification. The algorithm that is used to classify the data can be
various depending on the data types or number characteristics and so
on. Considering that bio-chip data is extremely large, an algorithm that
imitates the ecosystem such as the ant algorithm is suitable to use as an
algorithm for classification. This paper focuses on finding the
classification rules from the bio-chip data using the Ant Colony
algorithm which imitates the ecosystem. The developed system takes
in consideration the accuracy of the discovered rules when it applies it
to the bio-chip data in order to predict the classes.
Abstract: Electronic commerce is growing rapidly with on-line
sales already heading for hundreds of billion dollars per year. Due to
the huge amount of money transferred everyday, an increased
security level is required. In this work we present the architecture of
an intelligent speaker verification system, which is able to accurately
verify the registered users of an e-commerce service using only their
voices as an input. According to the proposed architecture, a
transaction-based e-commerce application should be complemented
by a biometric server where customer-s unique set of speech models
(voiceprint) is stored. The verification procedure requests from the
user to pronounce a personalized sequence of digits and after
capturing speech and extracting voice features at the client side are
sent back to the biometric server. The biometric server uses pattern
recognition to decide whether the received features match the stored
voiceprint of the customer who claims to be, and accordingly grants
verification. The proposed architecture can provide e-commerce
applications with a higher degree of certainty regarding the identity
of a customer, and prevent impostors to execute fraudulent
transactions.