Abstract: This study proposes a materials procurement contracts
model to which the zero-cost collar option is applied for heading price
fluctuation risks in construction.The material contract model based on
the collar option that consists of the call option striking zone of the
construction company(the buyer) following the materials price
increase andthe put option striking zone of the material vendor(the
supplier) following a materials price decrease. This study first
determined the call option strike price Xc of the construction company
by a simple approach: it uses the predicted profit at the project starting
point and then determines the strike price of put option Xp that has an
identical option value, which completes the zero-cost material
contract.The analysis results indicate that the cost saving of the
construction company increased as Xc decreased. This was because the
critical level of the steel materials price increasewas set at a low level.
However, as Xc decreased, Xpof a put option that had an identical
option value gradually increased. Cost saving increased as Xc
decreased. However, as Xp gradually increased, the risk of loss from a
construction company increased as the steel materials price decreased.
Meanwhile, cost saving did not occur for the construction company,
because of volatility. This result originated in the zero-cost features of
the two-way contract of the collar option. In the case of the regular
one-way option, the transaction cost had to be subtracted from the cost
saving. The transaction cost originated from an option value that
fluctuated with the volatility. That is, the cost saving of the one-way
option was affected by the volatility. Meanwhile, even though the
collar option with zero transaction cost cut the connection between
volatility and cost saving, there was a risk of exercising the put option.
Abstract: The linear methods of heart rate variability analysis
such as non-parametric (e.g. fast Fourier transform analysis) and
parametric methods (e.g. autoregressive modeling) has become an
established non-invasive tool for marking the cardiac health, but their
sensitivity and specificity were found to be lower than expected with
positive predictive value
Abstract: CT assessment of postoperative spine is challenging in the presence of metal streak artifacts that could deteriorate the
quality of CT images. In this paper, we studied the influence of different acquisition parameters on the magnitude of metal streaking.
A water-bath phantom was constructed with metal insertion similar with postoperative spine assessment. The phantom was scanned with
different acquisition settings and acquired data were reconstructed
using various reconstruction settings. Standardized ROIs were defined within streaking region for image analysis. The result shows
increased kVp and mAs enhanced SNR values by reducing image
noise. Sharper kernel enhanced image quality compared to smooth
kernel, but produced more noise in the images with higher CT fluctuation. The noise between both kernels were significantly
different (P
Abstract: The empirical mode decomposition (EMD) represents any time series into a finite set of basis functions. The bases are termed as intrinsic mode functions (IMFs) which are mutually orthogonal containing minimum amount of cross-information. The EMD successively extracts the IMFs with the highest local frequencies in a recursive way, which yields effectively a set low-pass filters based entirely on the properties exhibited by the data. In this paper, EMD is applied to explore the properties of the multi-year air temperature and to observe its effects on climate change under global warming. This method decomposes the original time-series into intrinsic time scale. It is capable of analyzing nonlinear, non-stationary climatic time series that cause problems to many linear statistical methods and their users. The analysis results show that the mode of EMD presents seasonal variability. The most of the IMFs have normal distribution and the energy density distribution of the IMFs satisfies Chi-square distribution. The IMFs are more effective in isolating physical processes of various time-scales and also statistically significant. The analysis results also show that the EMD method provides a good job to find many characteristics on inter annual climate. The results suggest that climate fluctuations of every single element such as temperature are the results of variations in the global atmospheric circulation.
Abstract: Many experimental results suggest that more precise spike timing is significant in neural information processing. We construct a self-organization model using the spatiotemporal pat-terns, where Spike-Timing Dependent Plasticity (STDP) tunes the conduction delays between neurons. We show that, for highly syn-chronized inputs, the fluctuation of conduction delays causes globally continuous and locally distributed firing patterns through the self-organization.
Abstract: Analytically the effect of polarization dependent loss on a high speed fiber optic communication link has been investigated. PDL and the signal's incoming state of polarization (SOP) have a significant co-relation between them and their various combinations produces different effects on the system behavior which has been inspected. Pauli's spin operator and PDL parameters are combined together to observe the attenuation effect induced by PDL in a link containing multiple PDL elements. It is found that in the presence of PDL the Q-factor and BER at the receiver undergoes fluctuation causing the system to be unstable and results show that it is mainly due to optical-signal-to-parallel-noise ratio (OSNItpar) that these parameters fluctuate. Generally the Q-factor, BER deteriorates as the value of average PDL in the link increases except for depolarized light for which the system parameters improves when PDL increases.
Abstract: In this work, stationary hot-wire measurements are
carried out to investigate the characteristics of a round free jet in its
potential core region (0 ≤ x/d ≤ 10). Measurements are carried out on
an incompressible round jet for a range of Reynolds numbers from
4000 to 8000, calculated based on the jet exit mean velocity and the
nozzle diameter. The effect of flow velocity on the development
characteristics of the jet in the core region is analyzed. Timeaveraged
statistics, spectra of velocity and its higher order moments
are presented and explained.
Abstract: A self-association model has been used to understand
the concentration dependence of free energy of mixing (GM), heat of
mixing (HM), entropy of mixing (SM), activity (a) and microscopic
structures, such as concentration fluctuation in long wavelength limit
(Scc(0)) and Warren-Cowley short range order parameter ( 1
α )for Cu-
Tl molten alloys at 1573K. A comparative study of surface tension of
the alloys in the liquid state at that temperature has also been carried
out theoretically as function of composition in the light of Butler-s
model, Prasad-s model and quasi-chemical approach. Most of the
computed thermodynamic properties have been found in agreement
with the experimental values. The analysis reveals that the Cu-Tl
molten alloys at 1573K represent a segregating system at all
concentrations with moderate interaction. Surface tensions computed
from different approaches have been found to be comparable to each
other showing increment with the composition of copper.
Abstract: In this research relationship between to be smooth the
interest and output of accepted companies stock at negotiable paper
exchange of Tehran is studied. Static community capacity included
363 companies member of negotiable paper exchange of Tehran that
54 companies were, by considering research limitation, selected from
2004 to 2009. Needed data for model test in librarian method was
chosen from RAH AVARDE NOVIN informative banks, TADBIR
and collecting needed data was selected from Tehran negotiable
paper exchange archive. Given results show that in spite of belief
among people based on companies have more smooth interest have
more output, but resulted outcomes of test-done reveals that there is
no relation between smooth interest and stock output.
Abstract: Terminal localization for indoor Wireless Local Area
Networks (WLANs) is critical for the deployment of location-aware
computing inside of buildings. A major challenge is obtaining high
localization accuracy in presence of fluctuations of the received signal
strength (RSS) measurements caused by multipath fading. This paper
focuses on reducing the effect of the distance-varying noise by spatial
filtering of the measured RSS. Two different survey point geometries
are tested with the noise reduction technique: survey points arranged
in sets of clusters and survey points uniformly distributed over the
network area. The results show that the location accuracy improves
by 16% when the filter is used and by 18% when the filter is applied
to a clustered survey set as opposed to a straight-line survey set.
The estimated locations are within 2 m of the true location, which
indicates that clustering the survey points provides better localization
accuracy due to superior noise removal.
Abstract: In this study, the designed dual stage membrane
bioreactor (MBR) system was conceptualized for the treatment of
cyanide and heavy metals in electroplating wastewater. The design
consisted of a primary treatment stage to reduce the impact of
fluctuations and the secondary treatment stage to remove the residual
cyanide and heavy metal contaminants in the wastewater under
alkaline pH conditions. The primary treatment stage contained
hydrolyzed Citrus sinensis (C. sinensis) pomace and the secondary
treatment stage contained active Aspergillus awamori (A. awamori)
biomass, supplemented solely with C. sinensis pomace extract from
the hydrolysis process. An average of 76.37%, 95.37%, 93.26 and
94.76% and 99.55%, 99.91%, 99.92% and 99.92% degradation
efficiency for total cyanide (T-CN), including the sorption of nickel
(Ni), zinc (Zn) and copper (Cu) were observed after the first and
second treatment stages, respectively. Furthermore, cyanide
conversion by-products degradation was 99.81% and 99.75 for both
formate (CHOO-) and ammonium (NH4
+) after the second treatment
stage. After the first, second and third regeneration cycles of the C.
sinensis pomace in the first treatment stage, Ni, Zn and Cu removal
achieved was 99.13%, 99.12% and 99.04% (first regeneration cycle),
98.94%, 98.92% and 98.41% (second regeneration cycle) and 98.46
%, 98.44% and 97.91% (third regeneration cycle), respectively.
There was relatively insignificant standard deviation detected in all
the measured parameters in the system which indicated
reproducibility of the remediation efficiency in this continuous
system.
Abstract: In the context of global climate change, flooding and sea level rise is increasingly threatening coastal urban areas, in which large population is continuously concentrated. Dutch experiences in urban water system management provide high reference value for sustainable coastal urban development projects. Preliminary studies shows the urban water system in Almere, a typical Dutch polder city, have three kinds of operational modes, achieving functions as: (1) coastline control – strong multiple damming system prevents from storm surges and maintains sufficient capacity upon risks; (2) high flexibility – large area and widely scattered open water system greatly reduce local runoff and water level fluctuation; (3) internal water maintenance – weir and sluice system maintains relatively stable water level, providing excellent boating and landscaping service, coupling with water circulating model maintaining better water quality. Almere has provided plenty of hints and experiences for ongoing development of coastal cities in emerging economies.
Abstract: In this study spatial-temporal speckle correlation techniques have been applied for the quality evaluation of three different Indian fruits namely apple, pear and tomato for the first time. The method is based on the analysis of variations of laser light scattered from biological samples. The results showed that crosscorrelation coefficients of biospeckle patterns change subject to their freshness and the storage conditions. The biospeckle activity was determined by means of the cross-correlation functions of the intensity fluctuations. Significant changes in biospeckle activity were observed during their shelf lives. From the study, it is found that the biospeckle activity decreases with the shelf-life storage time. Further it has been shown that biospeckle activity changes according to their respiration rates.