Abstract: The success of education is dependent on evolution and adaptation, while the traditional system has worked before, one type of education evolved with the digital age is virtual education that has influenced efficiency in today’s learning environments. Virtual learning has indeed proved its efficiency to overcome the drawbacks of the physical environment such as time, facilities, location, etc., but despite what it had accomplished, the educational system over all is not adequate for being a productive system yet. Earning a degree is not anymore enough to obtain a career job; it is simply missing the skills and creativity. There are always two sides of a coin; a college degree or a specialized certificate, each has its own merits, but having both can put you on a successful IT career path. For many of job-seeking individuals across world to have a clear meaningful goal for work and education and positively contribute the community, a productive correlation and cooperation among employers, universities alongside with the individual technical skills is a must for generations to come. Fortunately, the proposed research “Entrepreneur Universal Education System” is an evolution to meet the needs of both employers and students, in addition to gaining vital and real-world experience in the chosen fields is easier than ever. The new vision is to empower the education to improve organizations’ needs which means improving the world as its primary goal, adopting universal skills of effective thinking, effective action, effective relationships, preparing the students through real-world accomplishment and encouraging them to better serve their organization and their communities faster and more efficiently.
Abstract: A warrant is a financial contract that confers the right but not the obligation, to buy or sell a security at a certain price before expiration. The standard procedure to value equity warrants using call option pricing models such as the Black–Scholes model had been proven to contain many flaws, such as the assumption of constant interest rate and constant volatility. In fact, existing alternative models were found focusing more on demonstrating techniques for pricing, rather than empirical testing. Therefore, a mathematical model for pricing and analyzing equity warrants which comprises stochastic interest rate and stochastic volatility is essential to incorporate the dynamic relationships between the identified variables and illustrate the real market. Here, the aim is to develop dynamic pricing formulations for hybrid equity warrants by incorporating stochastic interest rates from the Cox-Ingersoll-Ross (CIR) model, along with stochastic volatility from the Heston model. The development of the model involves the derivations of stochastic differential equations that govern the model dynamics. The resulting equations which involve Cauchy problem and heat equations are then solved using partial differential equation approaches. The analytical pricing formulas obtained in this study comply with the form of analytical expressions embedded in the Black-Scholes model and other existing pricing models for equity warrants. This facilitates the practicality of this proposed formula for comparison purposes and further empirical study.
Abstract: Rapid Prototyping (RP) technologies enable physical
parts to be produced from various materials without depending on the
conventional tooling. Fused Deposition Modeling (FDM) is one of
the famous RP processes used at present. Tensile strength and
compressive strength resistance will be identified for different sample
structures and different layer orientations of ABS rapid prototype
solid models. The samples will be fabricated by a FDM rapid
prototyping machine in different layer orientations with variations in
internal geometrical structure. The 0° orientation where layers were
deposited along the length of the samples displayed superior strength
and impact resistance over all the other orientations. The anisotropic
properties were probably caused by weak interlayer bonding and
interlayer porosity.
Abstract: Aim: To investigate students’ perceptions of using e-models in an inquiry-based curriculum. Approach: 52 second-year dental students completed a pre- and post-test questionnaire relating to their perceptions of e-models and their use in inquiry-based learning. The pre-test occurred prior to any learning with e-models. The follow-up survey was conducted after one year's experience of using e-models. Results: There was no significant difference between the two sets of questionnaires regarding students’ perceptions of the usefulness of e-models and their willingness to use e-models in future inquiry-based learning. Most students preferred using both plaster models and e-models in tandem. Conclusion: Students did not change their attitude towards e-models and most of them agreed or were neutral that e-models are useful in inquiry-based learning. Whilst recognizing the utility of 3D models for learning, students' preference for combining these with solid models has implications for the development of haptic sensibility in an operative discipline.
Abstract: An effective supplier selection process is very important to the success of any manufacturing organization. The main objective of supplier selection process is to reduce purchase risk, maximize overall value to the purchaser, and develop closeness and long-term relationships between buyers and suppliers in today’s competitive industrial scenario. The literature on supplier selection criteria and methods is full of various analytical and heuristic approaches. Some researchers have developed hybrid models by combining more than one type of selection methods. It is felt that supplier selection criteria and method is still a critical issue for the manufacturing industries therefore in the present paper the literature has been thoroughly reviewed and critically analyzed to address the issue.
Abstract: The growing outsourcing of logistics services
resulting from the ongoing current in firms of costs
reduction/increased efficiency means that it is becoming more and
more important for the companies doing the outsourcing to carry out
a proper evaluation.
The multiple definitions and measures of logistics service
performance found in research on the topic create a certain degree of
confusion and do not clear the way towards the proper measurement
of their performance. Do a model and a specific set of indicators exist
that can be considered appropriate for measuring the performance of
logistics services outsourcing in industrial environments? Are said
indicators in keeping with the objectives pursued by outsourcing? We
aim to answer these and other research questions in the study we have
initiated in the field within the framework of the international High
Performance Manufacturing (HPM) project of which this paper
forms part.
As the first stage of this research, this paper reviews articles
dealing with the topic published in the last 15 years with the aim of
detecting the models most used to make this measurement and
determining which performance indicators are proposed as part of
said models and which are most used. The first steps are also taken in
determining whether these indicators, financial and operational, cover
the aims that are being pursued when outsourcing logistics services.
The findings show there is a wide variety of both models and
indicators used. This would seem to testify to the need to continue
with our research in order to try to propose a model and a set of
indicators for measuring the performance of logistics services
outsourcing in industrial environments.
Abstract: This paper studies the optimum design for reducing
optical loss of an 8x8 mechanical type optical switch due to the
temperature change. The 8x8 optical switch is composed of a base, 8
input fibers, 8 output fibers, 3 fixed mirrors and 17 movable mirrors.
First, an innovative switch configuration is proposed with
thermal-compensated design. Most mechanical type optical switches
have a disadvantage that their precision and accuracy are influenced
by the ambient temperature. Therefore, the thermal-compensated
design is to deal with this situation by using materials with different
thermal expansion coefficients (α). Second, a parametric modeling
program is developed to generate solid models for finite element
analysis, and the thermal and structural behaviors of the switch are
analyzed. Finally, an integrated optimum design program, combining
Autodesk Inventor Professional software, finite element analysis
software, and genetic algorithms, is developed for improving the
thermal behaviors that the optical loss of the switch is reduced. By
changing design parameters of the switch in the integrated design
program, the final optimum design that satisfies the design constraints
and specifications can be found.
Abstract: The disaster from functional gastrointestinal disorders has detrimental impact on the quality of life of the effected population and imposes a tremendous social and economic burden. There are, however, rare diagnostic methods for the functional gastrointestinal disorders. Our research group identified recently that the gastrointestinal tract well in the patients with the functional gastrointestinal disorders becomes more rigid than healthy people when palpating the abdominal regions overlaying the gastrointestinal tract. Objective of current study is, therefore, identify feasibility of a diagnostic system for the functional gastrointestinal disorders based on ultrasound technique, which can quantify the characteristics above. Two-dimensional finite difference (FD) models (one normal and two rigid model) were developed to analyze the reflective characteristic (displacement) on each soft-tissue layer responded after application of ultrasound signals. The FD analysis was then based on elastic ultrasound theory. Validation of the model was performed via comparison of the characteristic of the ultrasonic responses predicted by FD analysis with that determined from the actual specimens for the normal and rigid conditions. Based on the results from FD analysis, ultrasound system for diagnosis of the functional gastrointestinal disorders was developed and clinically tested via application of it to 40 human subjects with/without functional gastrointestinal disorders who were assigned to Normal and Patient Groups. The FD models were favorably validated. The results from FD analysis showed that the maximum displacement amplitude in the rigid models (0.12 and 0.16) at the interface between the fat and muscle layers was explicitly less than that in the normal model (0.29). The results from actual specimens showed that the maximum amplitude of the ultrasonic reflective signal in the rigid models (0.2±0.1Vp-p) at the interface between the fat and muscle layers was explicitly higher than that in the normal model (0.1±0.2 Vp-p). Clinical tests using our customized ultrasound system showed that the maximum amplitudes of the ultrasonic reflective signals near to the gastrointestinal tract well for the patient group (2.6±0.3 Vp-p) were generally higher than those in normal group (0.1±0.2 Vp-p). Here, maximum reflective signals was appeared at 20mm depth approximately from abdominal skin for all human subjects, corresponding to the location of the boundary layer close to gastrointestinal tract well. These findings suggest that our customized ultrasound system using the ultrasonic reflective signal may be helpful to the diagnosis of the functional gastrointestinal disorders.
Abstract: In automotive systems almost all steps concerning the
calibration of several control systems, e.g., low idle governor or
boost pressure governor, are made with the vehicle because the timeto-
production and cost requirements on the projects do not allow for
the vehicle analysis necessary to build reliable models. Here is
presented a procedure using parametric and NN (neural network)
models that enables the generation of vehicle system models based
on normal ECU engine control unit) vehicle measurements. These
models are locally valid and permit pre and follow-up calibrations so
that, only the final calibrations have to be done with the vehicle.
Abstract: In the previous multi-solid models,¤ò approach is
used for the calculation of fugacity in the liquid phase. For the first
time, in the proposed multi-solid thermodynamic model,γ approach
has been used for calculation of fugacity in the liquid mixture.
Therefore, some activity coefficient models have been studied that
the results show that the predictive Wilson model is more appropriate
than others. The results demonstrate γ approach using the predictive
Wilson model is in more agreement with experimental data than the
previous multi-solid models. Also, by this method, generates a new
approach for presenting stability analysis in phase equilibrium
calculations. Meanwhile, the run time in γ approach is less than the
previous methods used ¤ò approach. The results of the new model
present 0.75 AAD % (Average Absolute Deviation) from the
experimental data which is less than the results error of the previous
multi-solid models obviously.
Abstract: Twist drills are geometrical complex tools and thus various researchers have adopted different mathematical and experimental approaches for their simulation. The present paper acknowledges the increasing use of modern CAD systems and using the API (Application Programming Interface) of a CAD system, drilling simulations are carried out. The developed DRILL3D software routine, creates parametrically controlled tool geometries and using different cutting conditions, achieves the generation of solid models for all the relevant data involved (drilling tool, cut workpiece, undeformed chip). The final data derived, consist a platform for further direct simulations regarding the determination of cutting forces, tool wear, drilling optimizations etc.
Abstract: A satured liquid is warmed until boiling in a parallelepipedic boiler. The heat is supplied in a liquid through the horizontal bottom of the boiler, the other walls being adiabatic. During the process of boiling, the liquid evaporates through its free surface by deforming it. This surface which subdivides the boiler into two regions occupied on both sides by the boiled liquid (broth) and its vapor which surmounts it. The broth occupying the region and its vapor the superior region. A two- fluids model is used to describe the dynamics of the broth, its vapor and their interface. In this model, the broth is treated as a monophasic fluid (homogeneous model) and form with its vapor adiphasic pseudo fluid (two-fluid model). Furthermore, the interface is treated as a zone of mixture characterized by superficial void fraction noted α* . The aim of this article is to describe the dynamics of the interface between the boiled fluid and its vapor within a boiler. The resolution of the problem allowed us to show the evolution of the broth and the level of the liquid.
Abstract: The purpose of this research is to determine the
knowledge and skills possessed by instructional design (ID)
practitioners in Malaysia. As ID is a relatively new field in the
country and there seems to be an absence of any studies on its
community of practice, the main objective of this research is to
discover the tasks and activities performed by ID practitioners in
educational and corporate organizations as suggested by the
International Board of Standards for Training, Performance and
Instruction. This includes finding out the ID models applied in the
course of their work. This research also attempts to identify the
barriers and issues as to why some ID tasks and activities are rarely
or never conducted. The methodology employed in this descriptive
study was a survey questionnaire sent to 30 instructional designers
nationwide. The results showed that majority of the tasks and
activities are carried out frequently enough but omissions do occur
due to reasons such as it being out of job scope, the decision was
already made at a higher level, and the lack of knowledge and skills.
Further investigations of a qualitative manner should be conducted
to achieve a more in-depth understanding of ID practices in
Malaysia
Abstract: The aim of the article is extending and developing
econometrics and network structure based methods which are able to
distinguish price manipulation in Tehran stock exchange. The
principal goal of the present study is to offer model for
approximating price manipulation in Tehran stock exchange. In order
to do so by applying separation method a sample consisting of 397
companies accepted at Tehran stock exchange were selected and
information related to their price and volume of trades during years
2001 until 2009 were collected and then through performing runs
test, skewness test and duration correlative test the selected
companies were divided into 2 sets of manipulated and non
manipulated companies. In the next stage by investigating
cumulative return process and volume of trades in manipulated
companies, the date of starting price manipulation was specified and
in this way the logit model, artificial neural network, multiple
discriminant analysis and by using information related to size of
company, clarity of information, ratio of P/E and liquidity of stock
one year prior price manipulation; a model for forecasting price
manipulation of stocks of companies present in Tehran stock
exchange were designed. At the end the power of forecasting models
were studied by using data of test set. Whereas the power of
forecasting logit model for test set was 92.1%, for artificial neural
network was 94.1% and multi audit analysis model was 90.2%;
therefore all of the 3 aforesaid models has high power to forecast
price manipulation and there is no considerable difference among
forecasting power of these 3 models.