Abstract: This conference paper discusses a risk allocation problem for subprime investing banks involving investment in subprime structured mortgage products (SMPs) and Treasuries. In order to solve this problem, we develop a L'evy process-based model of jump diffusion-type for investment choice in subprime SMPs and Treasuries. This model incorporates subprime SMP losses for which credit default insurance in the form of credit default swaps (CDSs) can be purchased. In essence, we solve a mean swap-at-risk (SaR) optimization problem for investment which determines optimal allocation between SMPs and Treasuries subject to credit risk protection via CDSs. In this regard, SaR is indicative of how much protection investors must purchase from swap protection sellers in order to cover possible losses from SMP default. Here, SaR is defined in terms of value-at-risk (VaR). Finally, we provide an analysis of the aforementioned optimization problem and its connections with the subprime mortgage crisis (SMC).
Abstract: In this investigation, types of commercial and special
polyacrylonitrile (PAN) fibers contain sodium 2-methyl-2-
acrylamidopropane sulfonate (SAMPS) and itaconic acid (IA)
comonomers were studied by fourier transform infrared (FT-IR)
spectroscopy. The study of FT-IR spectra of PAN fibers samples
with different comonomers shows that during stabilization of PAN
fibers, the peaks related to C≡N bonds and CH2 are reduced sharply.
These reductions are related to cyclization of nitrile groups and
stabilization procedure. This reduction in PAN fibers contain IA
comonomer is very intense in comparison with PAN fibers contain
SAMPS comonomer. This fact indicates the cycling and stabilization
for sample contain IA comonomer have been conducted more
completely. Therefore the carbon fibers produced from this material
have higher tensile strength due to suitable stabilization.
Abstract: This paper deals with the conceptual design of the
new aeroelastic demonstrator for the whirl flutter simulation. The
paper gives a theoretical background of the whirl flutter phenomenon
and describes the events of the whirl flutter occurrence in the
aerospace practice. The second part is focused on the experimental
research of the whirl flutter on aeroelastic similar models. Finally the
concept of the new aeroelastic demonstrator is described. The
demonstrator represents the wing and engine of the twin turboprop
commuter aircraft including a driven propeller. It allows the changes
of the main structural parameters influencing the whirl flutter
stability characteristics. It is intended for the experimental
investigation of the whirl flutter in the wind tunnel. The results will
be utilized for validation of analytical methods and software tools.
Abstract: This paper investigated the organizational
innovativeness of public listed housing developers in Malaysia. We
conceptualized organizational innovativeness as a multi-dimensional
construct consisting of 5 dimensions: market innovativeness, product
innovativeness, process innovativeness, behavior innovativeness and
strategic innovativeness. We carried out questionnaire survey with all
accessible public listed developers in Malaysia and received a 56
percent response. We found that the innovativeness of public listed
housing developers is low. The paper ends by providing some
explanations for the results.
Abstract: This article discusses the customs and traditions in
Turkestan in the late XIXth and early XXth centuries. Having a long
history, Turkestan is well-known as the birthplace of many nations
and nationalities. The name of Turkestan is also given to it for a
reason - the land of the Turkic peoples who inhabited Central Asia
and united under together. Currently, nations and nationalities of the
Turkestan region formed their own sovereign states, and every year
they prove their country names in the world community. Political,
economic importance of Turkestan, which became the gold wire
between Asia and Europe was always very high. So systematically
various aggressive actions were made by several great powers. As a
result of expansionary policy of colonization of the Russian Empire -
the Turkestan has appeared.
Abstract: In present work, drying characteristics of fresh papaya (Carica papaya L.) was studied to understand the dehydration process and its behavior. Drying experiments were carried out by a laboratory scaled microwave-vacuum oven. The parameters affecting drying characteristics including operating modes (continuous, pulsed), microwave power (400 and 800 W), and vacuum pressure (20, 30, and 40 cmHg) were investigated. For pulsed mode, two levels of power-off time (60 and 120 s) were used while the power-on time was fixed at 60 s and the vacuum pressure was fixed at 40 cmHg. For both operating modes, the effects of drying conditions on drying time, drying rate, and effective diffusivity were investigated. The results showed high microwave power, high vacuum, and pulsed mode of 60 s-on/60 s-off favored drying rate as shown by the shorten drying time and increased effective diffusivity. The drying characteristics were then described by Page-s model, which showed a good agreement with experimental data.
Abstract: In this paper we present a method for gene ranking
from DNA microarray data. More precisely, we calculate the correlation
networks, which are unweighted and undirected graphs, from
microarray data of cervical cancer whereas each network represents
a tissue of a certain tumor stage and each node in the network
represents a gene. From these networks we extract one tree for
each gene by a local decomposition of the correlation network. The
interpretation of a tree is that it represents the n-nearest neighbor
genes on the n-th level of a tree, measured by the Dijkstra distance,
and, hence, gives the local embedding of a gene within the correlation
network. For the obtained trees we measure the pairwise similarity
between trees rooted by the same gene from normal to cancerous
tissues. This evaluates the modification of the tree topology due to
progression of the tumor. Finally, we rank the obtained similarity
values from all tissue comparisons and select the top ranked genes.
For these genes the local neighborhood in the correlation networks
changes most between normal and cancerous tissues. As a result
we find that the top ranked genes are candidates suspected to be
involved in tumor growth and, hence, indicates that our method
captures essential information from the underlying DNA microarray
data of cervical cancer.
Abstract: Environmental factors affect agriculture production
productivity and efficiency resulted in changing of profit efficiency.
This paper attempts to estimate the impacts of environmental factors
to profitability of rice farmers in the Red River Delta of Vietnam. The
dataset was extracted from 349 rice farmers using personal
interviews. Both OLS and MLE trans-log profit functions were used
in this study. Five production inputs and four environmental factors
were included in these functions. The estimation of the stochastic
profit frontier with a two-stage approach was used to measure
profitability. The results showed that the profit efficiency was about
75% on the average and environmental factors change profit
efficiency significantly beside farm specific characteristics. Plant
disease, soil fertility, irrigation apply and water pollution were the
four environmental factors cause profit loss in rice production. The
result indicated that farmers should reduce household size, farm
plots, apply row seeding technique and improve environmental
factors to obtain high profit efficiency with special consideration is
given for irrigation water quality improvement.
Abstract: This research sought to discover the forms of
promotion and dissemination of traditional local wisdom that are
used to create occupations among the elderly at Noanmueng
Community, Muang Sub-District, Baan Doong District, Udornthani
Province. The criteria used to select the research sample group were:
having a role involved in the promotion and dissemination of
traditional local wisdom to create occupations among the elderly;
being an experienced person who the residents of Noanmueng
Community find trustworthy; and having lived in Noanmueng
Community for a long time so as to be able to see the development
and change that occurs. A total of 16 persons were thus selected. Data
was gathered through a qualitative study, using semi-structured indepth
interviews. The collected data was then summarized and
discussed according to the research objectives. Finally, the data was
presented in narrative format. Results found that the identifying
traditional local wisdom of the community (which grew from the
residents’ experience and beneficial usage in daily life, passed down
from generation to generation) was the weaving of cloth and
basketry. As for the manner of promotion and dissemination of
traditional local wisdom, these skills were passed down through
teaching by example to family members, relatives and others in the
community. This was largely the initiative of the elders or elderly
members of the community. In order for the promotion and
dissemination of traditional local wisdom to create occupations
among the elderly, the traditional local wisdom should be supported
in every way through participation of the community members. For
example, establish a museum of traditional local wisdom for the
collection of traditional local wisdom in various fields, both from the
past and present innovations. This would be a source of pride for the
community, simultaneously helping traditional local wisdom to
become widely known and to create income for the community’s
elderly. Additional ways include organizing exhibitions of products
made by traditional local wisdom, finding both domestic and
international markets, as well as building both domestic and
international networks aiming to find opportunities to market
products made by traditional local wisdom.
Abstract: Studies in neuroscience suggest that both global and
local feature information are crucial for perception and recognition of
faces. It is widely believed that local feature is less sensitive to
variations caused by illumination, expression and illumination. In
this paper, we target at designing and learning local features for face
recognition. We designed three types of local features. They are
semi-global feature, local patch feature and tangent shape feature.
The designing of semi-global feature aims at taking advantage of
global-like feature and meanwhile avoiding suppressing AdaBoost
algorithm in boosting weak classifies established from small local
patches. The designing of local patch feature targets at automatically
selecting discriminative features, and is thus different with traditional
ways, in which local patches are usually selected manually to cover
the salient facial components. Also, shape feature is considered in
this paper for frontal view face recognition. These features are
selected and combined under the framework of boosting algorithm
and cascade structure. The experimental results demonstrate that the
proposed approach outperforms the standard eigenface method and
Bayesian method. Moreover, the selected local features and
observations in the experiments are enlightening to researches in
local feature design in face recognition.
Abstract: Quality control charts indicate out of control
conditions if any nonrandom pattern of the points is observed or any
point is plotted beyond the control limits. Nonrandom patterns of
Shewhart control charts are tested with sensitizing rules. When the
processes are defined with fuzzy set theory, traditional sensitizing
rules are insufficient for defining all out of control conditions. This is
due to the fact that fuzzy numbers increase the number of out of
control conditions. The purpose of the study is to develop a set of
fuzzy sensitizing rules, which increase the flexibility and sensitivity
of fuzzy control charts. Fuzzy sensitizing rules simplify the
identification of out of control situations that results in a decrease in
the calculation time and number of evaluations in fuzzy control chart
approach.
Abstract: This paper deals with a numerical analysis of the
transient response of composite beams with strain rate dependent
mechanical properties by use of a finite difference method. The
equations of motion based on Timoshenko beam theory are derived.
The geometric nonlinearity effects are taken into account with von
Kármán large deflection theory. The finite difference method in
conjunction with Newmark average acceleration method is applied to
solve the differential equations. A modified progressive damage
model which accounts for strain rate effects is developed based on
the material property degradation rules and modified Hashin-type
failure criteria and added to the finite difference model. The
components of the model are implemented into a computer code in
Mathematica 6. Glass/epoxy laminated composite beams with
constant and strain rate dependent mechanical properties under
dynamic load are analyzed. Effects of strain rate on dynamic
response of the beam for various stacking sequences, load and
boundary conditions are investigated.
Abstract: Today we tend to go back to the past to our root
relation to nature. Therefore in search of friendly spaces there are
elements of natural environment introduced as elements of spatial
composition. Though reinvented through the use of the new
substance such as greenery, water etc. made possible by state of the
art technologies, still, in principal, they remain the same. As a result,
sustainable design, based upon the recognized means of composition
in addition to the relation of architecture and urbanism vs. nature
introduces a new aesthetical values into architectural and urban
space.
Abstract: This paper presents a novel two-phase hybrid optimization algorithm with hybrid genetic operators to solve the optimal control problem of a single stage hybrid manufacturing system. The proposed hybrid real coded genetic algorithm (HRCGA) is developed in such a way that a simple real coded GA acts as a base level search, which makes a quick decision to direct the search towards the optimal region, and a local search method is next employed to do fine tuning. The hybrid genetic operators involved in the proposed algorithm improve both the quality of the solution and convergence speed. The phase–1 uses conventional real coded genetic algorithm (RCGA), while optimisation by direct search and systematic reduction of the size of search region is employed in the phase – 2. A typical numerical example of an optimal control problem with the number of jobs varying from 10 to 50 is included to illustrate the efficacy of the proposed algorithm. Several statistical analyses are done to compare the validity of the proposed algorithm with the conventional RCGA and PSO techniques. Hypothesis t – test and analysis of variance (ANOVA) test are also carried out to validate the effectiveness of the proposed algorithm. The results clearly demonstrate that the proposed algorithm not only improves the quality but also is more efficient in converging to the optimal value faster. They can outperform the conventional real coded GA (RCGA) and the efficient particle swarm optimisation (PSO) algorithm in quality of the optimal solution and also in terms of convergence to the actual optimum value.
Abstract: Heat powered solid sorption is a feasible alternative to
electrical vapor compression refrigeration systems. In this paper,
activated carbon (powder type Maxsorb and fiber type ACF-A10)-
CO2 based adsorption cooling cycles are studied using the pressuretemperature-
concentration (P-T-W) diagram. The specific cooling
effect (SCE) and the coefficient of performance (COP) of these two
cooling systems are simulated for the driving heat source
temperatures ranging from 30 ºC to 90 ºC in terms of different
cooling load temperatures with a cooling source temperature of 25
ºC. It is found from the present analysis that Maxsorb-CO2 couple
shows higher cooling capacity and COP. The maximum COPs of
Maxsorb-CO2 and ACF(A10)-CO2 based cooling systems are found
to be 0.15 and 0.083, respectively. The main innovative feature of
this cooling cycle is the ability to utilize low temperature waste heat
or solar energy using CO2 as the refrigerant, which is one of the best
alternative for applications where flammability and toxicity are not
allowed.
Abstract: C-control chart assumes that process nonconformities follow a Poisson distribution. In actuality, however, this Poisson distribution does not always occur. A process control for semiconductor based on a Poisson distribution always underestimates the true average amount of nonconformities and the process variance. Quality is described more accurately if a compound Poisson process is used for process control at this time. A cumulative sum (CUSUM) control chart is much better than a C control chart when a small shift will be detected. This study calculates one-sided CUSUM ARLs using a Markov chain approach to construct a CUSUM control chart with an underlying Poisson-Gamma compound distribution for the failure mechanism. Moreover, an actual data set from a wafer plant is used to demonstrate the operation of the proposed model. The results show that a CUSUM control chart realizes significantly better performance than EWMA.
Abstract: This paper evaluates performances of an adaptive noise
cancelling (ANC) based target detection algorithm on a set of real test
data supported by the Defense Evaluation Research Agency (DERA
UK) for multi-target wideband active sonar echolocation system. The
hybrid algorithm proposed is a combination of an adaptive ANC
neuro-fuzzy scheme in the first instance and followed by an iterative
optimum target motion estimation (TME) scheme. The neuro-fuzzy
scheme is based on the adaptive noise cancelling concept with the
core processor of ANFIS (adaptive neuro-fuzzy inference system) to
provide an effective fine tuned signal. The resultant output is then
sent as an input to the optimum TME scheme composed of twogauge
trimmed-mean (TM) levelization, discrete wavelet denoising
(WDeN), and optimal continuous wavelet transform (CWT) for
further denosing and targets identification. Its aim is to recover the
contact signals in an effective and efficient manner and then determine
the Doppler motion (radial range, velocity and acceleration) at very
low signal-to-noise ratio (SNR). Quantitative results have shown that
the hybrid algorithm have excellent performance in predicting targets-
Doppler motion within various target strength with the maximum
false detection of 1.5%.
Abstract: In this research, an aerobic composting method is
studied to reuse organic waste from rubber factory waste as soil fertilizer and to study the effect of cellulolytic microbial activator
(CMA) as the activator in the rubber factory waste composting. The
performance of the composting process was monitored as a function
of carbon and organic matter decomposition rate, temperature and
moisture content. The results indicate that the rubber factory waste is best composted with water hyacinth and sludge than composted
alone. In addition, the CMA is more affective when mixed with the rubber factory waste, water hyacinth and sludge since a good fertilizer is achieved. When adding CMA into the rubber factory
waste composted alone, the finished product does not achieve a
standard of fertilizer, especially the C/N ratio.
Finally, the finished products of composting rubber factory waste and water hyacinth and sludge (both CMA and without CMA), can be an environmental friendly alternative to solve the disposal problems of rubber factory waste. Since the C/N ratio, pH, moisture
content, temperature, and nutrients of the finished products are acceptable for agriculture use.
Abstract: Centrally controlled authentication and authorization services can provide enterprise with an increase in security, more flexible access control solutions and an increased users' trust. By using redirections, users of all Web-based applications within an organization are authenticated at a single well known and secure Web site and using secure communication protocol. Users are first authenticated at the central server using their domain wide credentials before being redirected to a particular Web-based application. The central authentication server will then provide others with pertinence authorization related particulars and credentials of the authenticated user to the specific application. The trust between the clients and the server hosts is established by secure session keys exchange. Case- studies are provided to demonstrate the usefulness and flexibility of the proposed solution.
Abstract: The two-stage compensator designs of linear system are
investigated in the framework of the factorization approach. First, we
give “full feedback" two-stage compensator design. Based on this
result, various types of the two-stage compensator designs with partial
feedbacks are derived.