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1 – 10 of 204
Open Access
Article
Publication date: 22 November 2022

Kedong Yin, Yun Cao, Shiwei Zhou and Xinman Lv

The purposes of this research are to study the theory and method of multi-attribute index system design and establish a set of systematic, standardized, scientific index systems…

Abstract

Purpose

The purposes of this research are to study the theory and method of multi-attribute index system design and establish a set of systematic, standardized, scientific index systems for the design optimization and inspection process. The research may form the basis for a rational, comprehensive evaluation and provide the most effective way of improving the quality of management decision-making. It is of practical significance to improve the rationality and reliability of the index system and provide standardized, scientific reference standards and theoretical guidance for the design and construction of the index system.

Design/methodology/approach

Using modern methods such as complex networks and machine learning, a system for the quality diagnosis of index data and the classification and stratification of index systems is designed. This guarantees the quality of the index data, realizes the scientific classification and stratification of the index system, reduces the subjectivity and randomness of the design of the index system, enhances its objectivity and rationality and lays a solid foundation for the optimal design of the index system.

Findings

Based on the ideas of statistics, system theory, machine learning and data mining, the focus in the present research is on “data quality diagnosis” and “index classification and stratification” and clarifying the classification standards and data quality characteristics of index data; a data-quality diagnosis system of “data review – data cleaning – data conversion – data inspection” is established. Using a decision tree, explanatory structural model, cluster analysis, K-means clustering and other methods, classification and hierarchical method system of indicators is designed to reduce the redundancy of indicator data and improve the quality of the data used. Finally, the scientific and standardized classification and hierarchical design of the index system can be realized.

Originality/value

The innovative contributions and research value of the paper are reflected in three aspects. First, a method system for index data quality diagnosis is designed, and multi-source data fusion technology is adopted to ensure the quality of multi-source, heterogeneous and mixed-frequency data of the index system. The second is to design a systematic quality-inspection process for missing data based on the systematic thinking of the whole and the individual. Aiming at the accuracy, reliability, and feasibility of the patched data, a quality-inspection method of patched data based on inversion thought and a unified representation method of data fusion based on a tensor model are proposed. The third is to use the modern method of unsupervised learning to classify and stratify the index system, which reduces the subjectivity and randomness of the design of the index system and enhances its objectivity and rationality.

Details

Marine Economics and Management, vol. 5 no. 2
Type: Research Article
ISSN: 2516-158X

Keywords

Open Access
Article
Publication date: 30 November 2015

Byungchan Kim and Sol Kim

We examine the relation between investor sentiment proxies and the risk neutral skewness of S&P 500 index option. The risk neutral skewness is estimated by the method of Bakshi…

38

Abstract

We examine the relation between investor sentiment proxies and the risk neutral skewness of S&P 500 index option. The risk neutral skewness is estimated by the method of Bakshi, Kapadia and Madan (2003), which is non-parametric method, and the interpolation-extrapolation method and trapezoidal rule is used. We use four sentiment proxies: Michigan Consumer Sentiment Index, non-commercial trader's net position of S&P 500 futures market, Baker and Wurgler (2006)'s sentiment index, and bull-bear survey of American Association of Individual Investors. We firstly conduct the regression to find the general relations of two variables, and then examine the lead-lag relation between investor sentiment proxies and risk neutral skewness through VAR analysis. Contrary to the previous studies, we observe that sentiment proxies show different signs by the economic conditions. Overall, the sentiment proxies explain the three-dimension moment better in the crisis in U.S, and especially non-commercial trader's net position of S&P 500 futures market explains bet among the proxies.

Details

Journal of Derivatives and Quantitative Studies, vol. 23 no. 4
Type: Research Article
ISSN: 2713-6647

Keywords

Open Access
Article
Publication date: 29 July 2020

Abdullah Alharbi, Wajdi Alhakami, Sami Bourouis, Fatma Najar and Nizar Bouguila

We propose in this paper a novel reliable detection method to recognize forged inpainting images. Detecting potential forgeries and authenticating the content of digital images is…

Abstract

We propose in this paper a novel reliable detection method to recognize forged inpainting images. Detecting potential forgeries and authenticating the content of digital images is extremely challenging and important for many applications. The proposed approach involves developing new probabilistic support vector machines (SVMs) kernels from a flexible generative statistical model named “bounded generalized Gaussian mixture model”. The developed learning framework has the advantage to combine properly the benefits of both discriminative and generative models and to include prior knowledge about the nature of data. It can effectively recognize if an image is a tampered one and also to identify both forged and authentic images. The obtained results confirmed that the developed framework has good performance under numerous inpainted images.

Details

Applied Computing and Informatics, vol. 20 no. 1/2
Type: Research Article
ISSN: 2634-1964

Keywords

Content available
Article
Publication date: 14 April 2022

Son Nguyen, Peggy Shu-Ling Chen and Yuquan Du

Container shipping is a crucial component of the global supply chain that is affected by a large range of operational risks with high uncertainty, threatening the stability of…

1026

Abstract

Purpose

Container shipping is a crucial component of the global supply chain that is affected by a large range of operational risks with high uncertainty, threatening the stability of service, manufacture, distribution and profitability of involved parties. However, quantitative risk analysis (QRA) of container shipping operational risk (CSOR) is being obstructed by the lack of a well-established theoretical structure to guide deeper research efforts. This paper proposes a methodological framework to strengthen the quality and reliability of CSOR analysis (CSORA).

Design/methodology/approach

Focusing on addressing uncertainties, the framework establishes a solid, overarching and updated basis for quantitative CSORA. The framework consists of clearly defined elements and processes, including knowledge establishing, information gathering, aggregating multiple sources of data (social/deliberative and mathematical/statistical), calculating risk and uncertainty level and presenting and interpreting quantified results. The framework is applied in a case study of three container shipping companies in Vietnam.

Findings

Various methodological contributions were rendered regarding CSOR characteristics, settings of analysis models, handling of uncertainties and result interpretation. The empirical study also generated valuable managerial implications regarding CSOR management policies.

Originality/value

This paper fills the gap of an updated framework for CSORA considering the recent advancements of container shipping operations and risk management. The framework can be used by both practitioners as a tool for CSORA and scholars as a test bench to facilitate the comparison and development of QRA models.

Details

Maritime Business Review, vol. 8 no. 2
Type: Research Article
ISSN: 2397-3757

Keywords

Open Access
Article
Publication date: 22 May 2023

Edmund Baffoe-Twum, Eric Asa and Bright Awuku

Background: Geostatistics focuses on spatial or spatiotemporal datasets. Geostatistics was initially developed to generate probability distribution predictions of ore grade in the…

Abstract

Background: Geostatistics focuses on spatial or spatiotemporal datasets. Geostatistics was initially developed to generate probability distribution predictions of ore grade in the mining industry; however, it has been successfully applied in diverse scientific disciplines. This technique includes univariate, multivariate, and simulations. Kriging geostatistical methods, simple, ordinary, and universal Kriging, are not multivariate models in the usual statistical function. Notwithstanding, simple, ordinary, and universal kriging techniques utilize random function models that include unlimited random variables while modeling one attribute. The coKriging technique is a multivariate estimation method that simultaneously models two or more attributes defined with the same domains as coregionalization.

Objective: This study investigates the impact of populations on traffic volumes as a variable. The additional variable determines the strength or accuracy obtained when data integration is adopted. In addition, this is to help improve the estimation of annual average daily traffic (AADT).

Methods procedures, process: The investigation adopts the coKriging technique with AADT data from 2009 to 2016 from Montana, Minnesota, and Washington as primary attributes and population as a controlling factor (second variable). CK is implemented for this study after reviewing the literature and work completed by comparing it with other geostatistical methods.

Results, observations, and conclusions: The Investigation employed two variables. The data integration methods employed in CK yield more reliable models because their strength is drawn from multiple variables. The cross-validation results of the model types explored with the CK technique successfully evaluate the interpolation technique's performance and help select optimal models for each state. The results from Montana and Minnesota models accurately represent the states' traffic and population density. The Washington model had a few exceptions. However, the secondary attribute helped yield an accurate interpretation. Consequently, the impact of tourism, shopping, recreation centers, and possible transiting patterns throughout the state is worth exploring.

Details

Emerald Open Research, vol. 1 no. 5
Type: Research Article
ISSN: 2631-3952

Keywords

Open Access
Article
Publication date: 11 March 2022

Edmund Baffoe-Twum, Eric Asa and Bright Awuku

Background: The annual average daily traffic (AADT) data from road segments are critical for roadway projects, especially with the decision-making processes about operations…

Abstract

Background: The annual average daily traffic (AADT) data from road segments are critical for roadway projects, especially with the decision-making processes about operations, travel demand, safety-performance evaluation, and maintenance. Regular updates help to determine traffic patterns for decision-making. Unfortunately, the luxury of having permanent recorders on all road segments, especially low-volume roads, is virtually impossible. Consequently, insufficient AADT information is acquired for planning and new developments. A growing number of statistical, mathematical, and machine-learning algorithms have helped estimate AADT data values accurately, to some extent, at both sampled and unsampled locations on low-volume roadways. In some cases, roads with no representative AADT data are resolved with information from roadways with similar traffic patterns.

Methods: This study adopted an integrative approach with a combined systematic literature review (SLR) and meta-analysis (MA) to identify and to evaluate the performance, the sources of error, and possible advantages and disadvantages of the techniques utilized most for estimating AADT data. As a result, an SLR of various peer-reviewed articles and reports was completed to answer four research questions.

Results: The study showed that the most frequent techniques utilized to estimate AADT data on low-volume roadways were regression, artificial neural-network techniques, travel-demand models, the traditional factor approach, and spatial interpolation techniques. These AADT data-estimating methods' performance was subjected to meta-analysis. Three studies were completed: R squared, root means square error, and mean absolute percentage error. The meta-analysis results indicated a mixed summary effect: 1. all studies were equal; 2. all studies were not comparable. However, the integrated qualitative and quantitative approach indicated that spatial-interpolation (Kriging) methods outperformed the others.

Conclusions: Spatial-interpolation methods may be selected over others to generate accurate AADT data by practitioners at all levels for decision making. Besides, the resulting cross-validation statistics give statistics like the other methods' performance measures.

Details

Emerald Open Research, vol. 1 no. 5
Type: Research Article
ISSN: 2631-3952

Keywords

Open Access
Article
Publication date: 8 June 2023

Tadej Dobravec, Boštjan Mavrič, Rizwan Zahoor and Božidar Šarler

This study aims to simulate the dendritic growth in Stokes flow by iteratively coupling a domain and boundary type meshless method.

Abstract

Purpose

This study aims to simulate the dendritic growth in Stokes flow by iteratively coupling a domain and boundary type meshless method.

Design/methodology/approach

A preconditioned phase-field model for dendritic solidification of a pure supercooled melt is solved by the strong-form space-time adaptive approach based on dynamic quadtree domain decomposition. The domain-type space discretisation relies on monomial augmented polyharmonic splines interpolation. The forward Euler scheme is used for time evolution. The boundary-type meshless method solves the Stokes flow around the dendrite based on the collocation of the moving and fixed flow boundaries with the regularised Stokes flow fundamental solution. Both approaches are iteratively coupled at the moving solid–liquid interface. The solution procedure ensures computationally efficient and accurate calculations. The novel approach is numerically implemented for a 2D case.

Findings

The solution procedure reflects the advantages of both meshless methods. Domain one is not sensitive to the dendrite orientation and boundary one reduces the dimensionality of the flow field solution. The procedure results agree well with the reference results obtained by the classical numerical methods. Directions for selecting the appropriate free parameters which yield the highest accuracy and computational efficiency are presented.

Originality/value

A combination of boundary- and domain-type meshless methods is used to simulate dendritic solidification with the influence of fluid flow efficiently.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 33 no. 8
Type: Research Article
ISSN: 0961-5539

Keywords

Open Access
Article
Publication date: 10 December 2021

Pingan Zhu, Chao Zhang and Jun Zou

The purpose of the work is to provide a comprehensive review of the digital image correlation (DIC) technique for those who are interested in performing the DIC technique in the…

1066

Abstract

Purpose

The purpose of the work is to provide a comprehensive review of the digital image correlation (DIC) technique for those who are interested in performing the DIC technique in the area of manufacturing.

Design/methodology/approach

No methodology was used because the paper is a review article.

Findings

no fundings.

Originality/value

Herein, the historical development, main strengths and measurement setup of DIC are introduced. Subsequently, the basic principles of the DIC technique are outlined in detail. The analysis of measurement accuracy associated with experimental factors and correlation algorithms is discussed and some useful recommendations for reducing measurement errors are also offered. Then, the utilization of DIC in different manufacturing fields (e.g. cutting, welding, forming and additive manufacturing) is summarized. Finally, the current challenges and prospects of DIC in intelligent manufacturing are discussed.

Details

Journal of Intelligent Manufacturing and Special Equipment, vol. 2 no. 2
Type: Research Article
ISSN: 2633-6596

Keywords

Open Access
Article
Publication date: 2 February 2023

Cheng Wang, Haibo Xie and Huayong Yang

This paper aims to present an iterative path-following method with joint limits to solve the problem of large computation cost, movement exceeding joint limits and poor…

Abstract

Purpose

This paper aims to present an iterative path-following method with joint limits to solve the problem of large computation cost, movement exceeding joint limits and poor path-following accuracy for the path planning of hyper-redundant snake-like manipulator.

Design/methodology/approach

When a desired path is given, new configuration of the snake-like manipulator is obtained through a geometrical approach, then the joints are repositioned through iterations until all the rotation angles satisfy the imposed joint limits. Finally, a new arrangement is obtained through the analytic solution of the inverse kinematics of hyper-redundant manipulator. Finally, simulations and experiments are carried out to analyze the performance of the proposed path-following method.

Findings

Simulation results show that the average computation time is 0.1 ms per step for a hyper-redundant manipulator with 12 degrees of freedom, and the deviation in tip position can be kept below 0.02 mm. Experiments show that all the rotation angles are within joint limits.

Research limitations/implications

Currently , the manipulator is working in open-loop, the elasticity of the driving cable will cause positioning error. In future, close-loop control based on real-time attitude detection will be used in in combination with the path-following method to achieve high-precision trajectory tracking.

Originality/value

Through a series of iterative processes, the proposed method can make the manipulator approach the desired path as much as possible within the joint constraints with high precision and less computation time.

Details

Industrial Robot: the international journal of robotics research and application, vol. 50 no. 3
Type: Research Article
ISSN: 0143-991X

Keywords

Open Access
Article
Publication date: 4 January 2021

Stefano Costa and Eugenio Costamagna

This paper aims to solve inhomogeneous dielectric problems by matching boundary conditions at the interfaces among homogeneous subdomains. The capabilities of Hilbert transform…

Abstract

Purpose

This paper aims to solve inhomogeneous dielectric problems by matching boundary conditions at the interfaces among homogeneous subdomains. The capabilities of Hilbert transform computations are deeply investigated in the case of limited numbers of samples, and a refined model is presented by means of investigating accuracies in a case study with three subdomains.

Design/methodology/approach

The accuracies, refined by Richardson extrapolation to zero error, are compared to finite element (FEM) and finite difference methods. The boundary matching procedures can be easily applied to the results of a previous Schwarz–Christoffel (SC) conformal mapping stage in SC + BC procedures, to cope with field singularities or with open boundary problems.

Findings

The proposed field computations are of general interest both for electrostatic and magnetostatic field analysis and optimization. They can be useful as comparison tools for FEM results or when severe field singularities can impair the accuracies of other methods.

Research limitations/implications

This static field methodology, of course, can be used to analyse transverse electro magnetic (TEM) or quasi-TEM propagation modes. It is possible that, in some case, these may make a contribution to the analysis of axis symmetrical problems.

Originality/value

The most relevant result is the possible introduction of SC + BC computations as a standard tool for solving inhomogeneous dielectric field problems.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. 40 no. 2
Type: Research Article
ISSN: 0332-1649

Keywords

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