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1 – 10 of 81
Article
Publication date: 14 December 2023

Junan Ji, Zhigang Zhao, Shi Zhang and Tianyuan Chen

This paper aims to propose an energetic model parameter calculation method for predicting the materials’ symmetrical static hysteresis loop and asymmetrical minor loop to improve…

Abstract

Purpose

This paper aims to propose an energetic model parameter calculation method for predicting the materials’ symmetrical static hysteresis loop and asymmetrical minor loop to improve the accuracy of electromagnetic analysis of equipment.

Design/methodology/approach

For predicting the symmetrical static hysteresis loop, this paper deduces the functional relationship between magnetic flux density and energetic model parameters based on the materials’ magnetization mechanism. It realizes the efficient and accurate symmetrical static hysteresis loop prediction under different magnetizations. For predicting the asymmetrical minor loop, a new algorithm is proposed that updates the energetic model parameters of the asymmetrical minor loop to consider the return-point memory effect.

Findings

The comparison of simulation and experimental results verifies that the proposed parameters calculation method has high accuracy and strong universality.

Originality/value

The proposed parameter calculation method improves the existing parameter calculation method’s problem of relying on too much experimental data and inaccuracy. Consequently, the presented work facilitates the application of the finite element electromagnetic field analysis method coupling the hysteresis model.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. 43 no. 1
Type: Research Article
ISSN: 0332-1649

Keywords

Open Access
Article
Publication date: 2 April 2024

Jihoon Goh and Donghoon Kim

In this study, we investigate what drives the MAX effect in the South Korean stock market. We find that the MAX effect is significant only for overpriced stocks categorized by the…

Abstract

In this study, we investigate what drives the MAX effect in the South Korean stock market. We find that the MAX effect is significant only for overpriced stocks categorized by the composite mispricing index. Our results suggest that investors' demand for the lottery and the arbitrage risk effect of MAX may overlap and negate each other. Furthermore, MAX itself has independent information apart from idiosyncratic volatility (IVOL), which assures that the high positive correlation between IVOL and MAX does not directly cause our empirical findings. Finally, by analyzing the direct trading behavior of investors, our results suggest that investors' buying pressure for lottery-like stocks is concentrated among overpriced stocks.

Details

Journal of Derivatives and Quantitative Studies: 선물연구, vol. 32 no. 2
Type: Research Article
ISSN: 1229-988X

Keywords

Article
Publication date: 10 February 2023

Rokhsaneh Yousef Zehi and Noor Saifurina Nana Khurizan

Uncertainty in data, whether in real-valued or integer-valued data, may result in infeasible optimal solutions or unreliable efficiency scores and ranking of decision-making…

Abstract

Purpose

Uncertainty in data, whether in real-valued or integer-valued data, may result in infeasible optimal solutions or unreliable efficiency scores and ranking of decision-making units. To handle the uncertainty in integer-valued factors in data envelopment analysis (DEA) models, this study aims to propose a robust DEA model which is applicable in the presence of such factors.

Design/methodology/approach

This research focuses on the application of fuzzy interpretation of efficiency to a mixed-integer DEA (MIDEA) model. The robust optimization approach is used to address the uncertain integer-valued parameters in the proposed MIDEA model.

Findings

In this study, the authors proposed an MIDEA model without any equality constraint to avoid the arise problem by such constraints in the construction of the robust counterpart of the conventional MIDEA models. We have studied the characteristics and conditions for constructing the uncertainty set with uncertain integer-valued parameters and a robust MIDEA model is proposed under a combined box-polyhedral uncertainty set. The applicability of the developed models is shown in a case study of Malaysian public universities.

Originality/value

This study develops an MIDEA model equivalent to the conventional MIDEA model excluding any equality constraint which is crucial in robust approach to avoid restricted feasible region or infeasible solutions. This study proposes a robust DEA approach which is applicable in cases with uncertain integer-valued parameters, unlike previous studies in robust DEA field where uncertain parameters are generally assumed to be only real-valued.

Details

Journal of Modelling in Management, vol. 19 no. 1
Type: Research Article
ISSN: 1746-5664

Keywords

Article
Publication date: 7 April 2023

Suyuan Wang, Huaming Song, Hongfu Huang and Qiang Huang

This paper explores how the manufacturer’s strategic choice (acquisition or investment) impacts product quality in a supply chain comprising two complementary suppliers and a…

Abstract

Purpose

This paper explores how the manufacturer’s strategic choice (acquisition or investment) impacts product quality in a supply chain comprising two complementary suppliers and a common manufacturer.

Design/methodology/approach

The manufacturer faces six strategic choices to improve product quality: acquiring or investing in the high-capable supplier, the low-capable supplier, or both. As the Stackelberg leader, the manufacturer determines which strategy is adopted, while suppliers are separately responsible for components’ quality and wholesale prices. The authors use game theory and calculate the model with Mathematica.

Findings

The authors develop analytical models to analyze how acquisition costs, investment proportions, component importance and quality improvement coefficients influence decision-makers. The results show that the highest quality may not benefit the manufacturer. Investing in or acquiring a low-capable supplier is better than a high-capable supplier under certain conditions. If the gaps between two suppliers’ quality improvement coefficients and the importance of two components are dramatic, the manufacturer should choose an investment strategy.

Originality/value

This study contributes to the complementary supply chain management by comparing two kinds of strategies-acquisition and investment, with a high-capable supplier and a low-capable supplier.

Details

The TQM Journal, vol. 36 no. 4
Type: Research Article
ISSN: 1754-2731

Keywords

Article
Publication date: 19 December 2022

Amir Yaqoubi, Fatemeh Sabouhi, Ali Bozorgi-Amiri and Mohsen Sadegh Amalnick

A growing body of evidence points to the influence of location and allocation decisions on the structure of healthcare networks. The authors introduced a three-level hierarchical…

Abstract

Purpose

A growing body of evidence points to the influence of location and allocation decisions on the structure of healthcare networks. The authors introduced a three-level hierarchical facility location model to minimize travel time in the healthcare system under uncertainty.

Design/methodology/approach

Most healthcare networks are hierarchical and, as a result, the linkage between their levels makes it difficult to specify the location of the facilities. In this article, the authors present a hybrid approach according to data envelopment analysis and robust programming to design a healthcare network. In the first phase, the efficiency of each potential location is calculated based on the non-radial range-adjusted measure considering desirable and undesirable outputs based on a number of criteria such as the target area's population, proximity to earthquake faults, quality of urban life, urban decrepitude, etc. The locations deemed suitable are then used as candidate locations in the mathematical model. In the second phase, based on the proposed robust optimization model, called light robustness, the location and allocation decisions are adopted.

Findings

The developed model is evaluated using an actual-world case study in District 1 of Tehran, Iran and relevant results and different sensitivity analyses were presented as well. When the percentage of referral parameters changes, the value of the robust model's objective function increases.

Originality/value

The contributions of this article are listed as follows: Considering desirable and undesirable criteria to selecting candidate locations, providing a robust programming model for building a service network and applying the developed model to an actual-world case study.

Open Access
Article
Publication date: 18 August 2023

Paulo Fernando Marschner and Paulo Sergio Ceretta

The purpose of this study is to analyze how sentiment affects economic activity in Brazil.

Abstract

Purpose

The purpose of this study is to analyze how sentiment affects economic activity in Brazil.

Design/methodology/approach

Based on a nonlinear autoregressive distributed lag (NARDL) model, this study examines in detail the short-term and long-term asymmetric impacts between the variables during the period from January 2007 to December 2020.

Findings

There are three main results of this study. First, sentiment is an important factor for economic activity in Brazil, and its effect possibly occurs through the channels of consumption and investment, which are the two main components of economic growth. Second, sentiment affects economic activity in different ways in the short and the long term: in Brazil, although in the short-term, immediate shocks of sentiment may be confusing, the negative shocks from previous periods have a negative impact on economic activity. Third, the effect of shocks of optimism and pessimism on economic activity is asymmetric, and in the long run, only shocks of optimism have a significant and positive impact.

Originality/value

The relationship between sentiment and economic activity is still a controversial issue in the literature and this study seeks to advance its understanding in Brazil.

Details

Revista de Gestão, vol. 31 no. 2
Type: Research Article
ISSN: 1809-2276

Keywords

Article
Publication date: 10 May 2024

Hongshuai Guo, Shuyou Zhang, Nan Zhang, Xiaojian Liu and Guodong Yi

The step effect and support structure generated by the manufacturing process of fused deposition molding parts increase the consumables cost and decrease the printing quality…

Abstract

Purpose

The step effect and support structure generated by the manufacturing process of fused deposition molding parts increase the consumables cost and decrease the printing quality. Multiorientation printing helps improve the surface quality of parts and reduce support, but path interference exists between the printing layer and the layers printed. The purpose of this study is to design printing paths between different submodels to avoid interference when build orientation changed.

Design/methodology/approach

Considering support constraint, build orientation sequence is designed for submodels decomposed by model topology. The minimum printing angle between printing layers is analyzed. Initial path through the oriented bounding box is planned and slice interference relationship is then detected according to the projection topology mapping. Based on the relationship matrix of multiorientation slice, feasible path is calculated by directed graph (DG). Final printing path is determined under support constraint and checked by minimum printing angle. The simulation model of the robotic arm is established to verify the accessibility of printing path under the constraint of support and slice.

Findings

The proposed method can reduce support structure, decrease volume error and effectively solve the interference problem of the printing path for multiorientation slice.

Originality/value

The method based on projection topology mapping greatly improves the efficiency of interference detection. A feasible path calculated through DGs ensures the effectiveness of the printing path with the constraint of support and slice.

Details

Robotic Intelligence and Automation, vol. 44 no. 3
Type: Research Article
ISSN: 2754-6969

Keywords

Article
Publication date: 22 May 2024

Bright Owusu Asante, Stephen Prah, Kwabena Nyarko Addai, Benjamin Anang and John N. Ng’ombe

This paper aimed to examine the impacts of agricultural services on welfare of rural farmers in Ghana.

Abstract

Purpose

This paper aimed to examine the impacts of agricultural services on welfare of rural farmers in Ghana.

Design/methodology/approach

Using data from 1431 rural maize farmers, we employ multinomial endogenous switching regression and multivalued inverse probability weighted regression adjustment to assess the impacts.

Findings

Results show that 19.8%, 9.7% and 3.42% of farmers adopted solely irrigation, extension and mechanization, respectively. Furthermore, utilizing a range of agricultural services significantly improves maize yields, gross income and per capita food consumption.

Research limitations/implications

This study recommends strategies that target the adoption of combinations of agricultural services to enhance rural farmers’ welfare in Ghana and other developing countries.

Originality/value

While agricultural services are claimed to improve agricultural production and peasants’ welfare, their impacts are not studied exhaustively. This paper contributes by providing empirical evidence of the impacts of agricultural services on farmers’ welfare.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/IJSE-11-2022-0745.

Details

International Journal of Social Economics, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0306-8293

Keywords

Article
Publication date: 4 March 2024

Zeyu Xing, Tachia Chin, Jing Huang, Mirko Perano and Valerio Temperini

The ongoing paradigm shift in the energy sector holds paramount implications for the realization of the sustainable development goals, encompassing critical domains such as…

Abstract

Purpose

The ongoing paradigm shift in the energy sector holds paramount implications for the realization of the sustainable development goals, encompassing critical domains such as resource optimization, environmental stewardship and workforce opportunities. Concurrently, this transformative trajectory within the power sector possesses a dual-edged nature; it may ameliorate certain challenges while accentuating others. In light of the burgeoning research stream on open innovation, this study aims to examine the intricate dynamics of knowledge-based industry-university-research networking, with an overarching objective to elucidate and calibrate the equilibrium of ambidextrous innovation within power systems.

Design/methodology/approach

The authors scrutinize the role of different innovation organizations in three innovation models: ambidextrous, exploitative and exploratory, and use a multiobjective decision analysis method-entropy weight TOPSIS. The research was conducted within the sphere of the power industry, and the authors mined data from the widely used PatSnap database.

Findings

Results show that the breadth of knowledge search and the strength of an organization’s direct relationships are crucial for ambidextrous innovation, with research institutions having the highest impact. In contrast, for exploitative innovation, depth of knowledge search, the number of R&D patents and the number of innovative products are paramount, with universities playing the most significant role. For exploratory innovation, the depth of knowledge search and the quality of two-mode network relations are vital, with research institutions yielding the best effect. Regional analysis reveals Beijing as the primary hub for ambidextrous and exploratory innovation organizations, while Jiangsu leads for exploitative innovation.

Practical implications

The study offers valuable implications to cope with the dynamic state of ambidextrous innovation performance of the entire power system. In light of the findings, the dynamic state of ambidextrous innovation performance within the power system can be adeptly managed. By emphasizing a balance between exploratory and exploitative strategies, stakeholders are better positioned to respond to evolving challenges and opportunities. Thus, the study offers pivotal guidance to ensure sustained adaptability and growth in the power sector’s innovation landscape.

Originality/value

The primary originality is to extend and refine the theoretical understanding of ambidextrous innovation within power systems. By integrating several theoretical frameworks, including social network theory, knowledge-based theory and resource-based theory, the authors enrich the theoretical landscape of power system ambidextrous innovation. Also, this inclusive examination of two-mode network structures, including the interplay between knowledge and cooperation networks, unveils the intricate interdependencies between these networks and the ambidextrous innovation of power systems. This approach significantly widens the theoretical parameters of innovation network research.

Details

Journal of Knowledge Management, vol. 28 no. 5
Type: Research Article
ISSN: 1367-3270

Keywords

Article
Publication date: 19 January 2024

Ping Huang, Haitao Ding, Hong Chen, Jianwei Zhang and Zhenjia Sun

The growing availability of naturalistic driving datasets (NDDs) presents a valuable opportunity to develop various models for autonomous driving. However, while current NDDs…

Abstract

Purpose

The growing availability of naturalistic driving datasets (NDDs) presents a valuable opportunity to develop various models for autonomous driving. However, while current NDDs include data on vehicles with and without intended driving behavior changes, they do not explicitly demonstrate a type of data on vehicles that intend to change their driving behavior but do not execute the behaviors because of safety, efficiency, or other factors. This missing data is essential for autonomous driving decisions. This study aims to extract the driving data with implicit intentions to support the development of decision-making models.

Design/methodology/approach

According to Bayesian inference, drivers who have the same intended changes likely share similar influencing factors and states. Building on this principle, this study proposes an approach to extract data on vehicles that intended to execute specific behaviors but failed to do so. This is achieved by computing driving similarities between the candidate vehicles and benchmark vehicles with incorporation of the standard similarity metrics, which takes into account information on the surrounding vehicles' location topology and individual vehicle motion states. By doing so, the method enables a more comprehensive analysis of driving behavior and intention.

Findings

The proposed method is verified on the Next Generation SIMulation dataset (NGSim), which confirms its ability to reveal similarities between vehicles executing similar behaviors during the decision-making process in nature. The approach is also validated using simulated data, achieving an accuracy of 96.3 per cent in recognizing vehicles with specific driving behavior intentions that are not executed.

Originality/value

This study provides an innovative approach to extract driving data with implicit intentions and offers strong support to develop data-driven decision-making models for autonomous driving. With the support of this approach, the development of autonomous vehicles can capture more real driving experience from human drivers moving towards a safer and more efficient future.

Details

Data Technologies and Applications, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2514-9288

Keywords

1 – 10 of 81