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1 – 10 of 857
Article
Publication date: 27 March 2023

Krish Sethanand, Thitivadee Chaiyawat and Chupun Gowanit

This paper presents the systematic process framework to develop the suitable crop insurance for each agriculture farming region which has individual differences of associated…

Abstract

Purpose

This paper presents the systematic process framework to develop the suitable crop insurance for each agriculture farming region which has individual differences of associated crop, climate condition, including applicable technology to be implemented in crop insurance practice. This paper also studies the adoption of new insurance scheme to assess the willingness to join crop insurance program.

Design/methodology/approach

Crop insurance development has been performed through IDDI conceptual framework to illustrate the specific crop insurance diagram. Area-yield insurance as a type of index-based insurance advantages on reducing basis risk, adverse selection and moral hazard. This paper therefore aims to develop area-yield crop insurance, at a provincial level, focusing on rice insurance scheme for the protection of flood. The diagram demonstrates the structure of area-yield rice insurance associates with selected machine learning algorithm to evaluate indemnity payment and premium assessment applicable for Jasmine 105 rice farming in Ubon Ratchathani province. Technology acceptance model (TAM) is used for new insurance adoption testing.

Findings

The framework produces the visibly informative structure of crop insurance. Random Forest is the algorithm that gives high accuracy for specific collected data for rice farming in Ubon Ratchathani province to evaluate the rice production to calculate an indemnity payment. TAM shows that the level of adoption is high.

Originality/value

This paper originates the framework to generate the viable crop insurance that suitable to individual farming and contributes the idea of technology implementation in the new service of crop insurance scheme.

Details

Agricultural Finance Review, vol. 83 no. 3
Type: Research Article
ISSN: 0002-1466

Keywords

Content available
Book part
Publication date: 21 September 2022

Abstract

Details

Essays in Honour of Fabio Canova
Type: Book
ISBN: 978-1-80382-832-9

Article
Publication date: 21 June 2022

Xiaofeng Xu, Wenzhi Liu, Mingyue Jiang and Ziru Lin

The rapid development of smart cities and green logistics has stimulated a lot of research on reverse logistics, and the diversified data also provide the possibility of…

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Abstract

Purpose

The rapid development of smart cities and green logistics has stimulated a lot of research on reverse logistics, and the diversified data also provide the possibility of innovative research on location-routing problem (LRP) under reverse logistics. The purpose of this paper is to use panel data to assist in the study of multi-cycle and multi-echelon LRP in reverse logistics network (MCME-LRP-RLN), and thus reduce the cost of enterprise facility location.

Design/methodology/approach

First, a negative utility objective function is generated based on panel data and incorporated into a multi-cycle and multi-echelon location-routing model integrating reverse logistics. After that, an improved algorithm named particle swarm optimization-multi-objective immune genetic algorithm (PSO-MOIGA) is proposed to solve the model.

Findings

There is a paradox between the total cost of the enterprise and the negative social utility, which means that it costs a certain amount of money to reduce the negative social utility. Firms can first design an open-loop logistics system to reduce cost, and at the same time, reduce negative social utility by leasing facilities.

Practical implications

This study provides firms with more flexible location-routing options by dividing them into multiple cycles, so they can choose the right option according to their development goals.

Originality/value

This research is a pioneering study of MCME-LRP-RLN problem and incorporates data analysis techniques into operations research modeling. Later, the PSO algorithm was incorporated into the crossover of MOIGA in order to solve the multi-objective large-scale problems, which improved the convergence speed and performance of the algorithm. Finally, the results of the study provide some valuable management recommendations for logistics planning.

Details

Industrial Management & Data Systems, vol. 122 no. 10
Type: Research Article
ISSN: 0263-5577

Keywords

Book part
Publication date: 23 June 2016

Yangin Fan and Emmanuel Guerre

The asymptotic bias and variance of a general class of local polynomial estimators of M-regression functions are studied over the whole compact support of the multivariate

Abstract

The asymptotic bias and variance of a general class of local polynomial estimators of M-regression functions are studied over the whole compact support of the multivariate covariate under a minimal assumption on the support. The support assumption ensures that the vicinity of the boundary of the support will be visited by the multivariate covariate. The results show that like in the univariate case, multivariate local polynomial estimators have good bias and variance properties near the boundary. For the local polynomial regression estimator, we establish its asymptotic normality near the boundary and the usual optimal uniform convergence rate over the whole support. For local polynomial quantile regression, we establish a uniform linearization result which allows us to obtain similar results to the local polynomial regression. We demonstrate both theoretically and numerically that with our uniform results, the common practice of trimming local polynomial regression or quantile estimators to avoid “the boundary effect” is not needed.

Article
Publication date: 11 May 2022

Xiangqian Sheng, Wenliang Fan, Qingbin Zhang and Zhengling Li

The polynomial dimensional decomposition (PDD) method is a popular tool to establish a surrogate model in several scientific areas and engineering disciplines. The selection of…

Abstract

Purpose

The polynomial dimensional decomposition (PDD) method is a popular tool to establish a surrogate model in several scientific areas and engineering disciplines. The selection of appropriate truncated polynomials is the main topic in the PDD. In this paper, an easy-to-implement adaptive PDD method with a better balance between precision and efficiency is proposed.

Design/methodology/approach

First, the original random variables are transformed into corresponding independent reference variables according to the statistical information of variables. Second, the performance function is decomposed as a summation of component functions that can be approximated through a series of orthogonal polynomials. Third, the truncated maximum order of the orthogonal polynomial functions is determined through the nonlinear judgment method. The corresponding expansion coefficients are calculated through the point estimation method. Subsequently, the performance function is reconstructed through appropriate orthogonal polynomials and known expansion coefficients.

Findings

Several examples are investigated to illustrate the accuracy and efficiency of the proposed method compared with the other methods in reliability analysis.

Originality/value

The number of unknown coefficients is significantly reduced, and the computational burden for reliability analysis is eased accordingly. The coefficient evaluation for the multivariate component function is decoupled with the order judgment of the variable. The proposed method achieves a good trade-off of efficiency and accuracy for reliability analysis.

Details

Engineering Computations, vol. 39 no. 7
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 26 October 2020

Karim Atashgar and Leila Abbassi

Different real cases indicate that the quality of a process is better monitored by a functional relationship rather than the traditional statistical process control (SPC) methods…

Abstract

Purpose

Different real cases indicate that the quality of a process is better monitored by a functional relationship rather than the traditional statistical process control (SPC) methods. This approach is referred to as profile monitoring. A serious objective in profile monitoring is the sensitivity of a model to very small changes of the process. The rapid progress of the precision manufacturing also indicates the importance of identifying very small shift types of a process/product profile curve. This sensitivity allows one to identify the fault of a process sooner compared to the case of lack of the capability.

Design/methodology/approach

This paper proposed a new method to monitor very small shift types of a polynomial profile for phase II of the SPC. The proposed method was named as MGWMA-PF. The performance capability of the proposed approach was evaluated through several numerical examples. A real case study was also used to investigate the capability of the proposed model.

Findings

The results addressed that the proposed method was capable of detecting very small shift types effectively. The numerical report based on the average run length (ARL) term revealed the more sensitivity of the proposed model compared to other existing methods of the literature.

Originality/value

This paper proposes a new method to monitor very small shift types of a polynomial profile for phase II of the SPC. The proposed method provides detecting a very small change manifested itself to the process.

Details

International Journal of Quality & Reliability Management, vol. 38 no. 4
Type: Research Article
ISSN: 0265-671X

Keywords

Book part
Publication date: 21 September 2022

Dante Amengual, Gabriele Fiorentini and Enrique Sentana

The authors propose the information matrix test to assess the constancy of mean and variance parameters in vector autoregressions (VAR). They additively decompose it into several

Abstract

The authors propose the information matrix test to assess the constancy of mean and variance parameters in vector autoregressions (VAR). They additively decompose it into several orthogonal components: conditional heteroskedasticity and asymmetry of the innovations, and their unconditional skewness and kurtosis. Their Monte Carlo simulations explore both its finite size properties and its power against i.i.d. coefficients, persistent but stationary ones, and regime switching. Their procedures detect variation in the autoregressive coefficients and residual covariance matrix of a VAR for the US GDP growth rate and the statistical discrepancy, but they fail to detect any covariation between those two sets of coefficients.

Article
Publication date: 5 March 2018

Sam K. Formby, Manoj K. Malhotra and Sanjay L. Ahire

Quality management constructs related to management leadership and workforce involvement have consistently shown strong correlation with firm success for years. However, there is…

1040

Abstract

Purpose

Quality management constructs related to management leadership and workforce involvement have consistently shown strong correlation with firm success for years. However, there is an increasing body of research based on complexity theory (CT) suggesting that constructs such as these should be viewed as variables in a complex system with inter-dependencies, interactions, and potentially nonlinear relationships. Despite the significant body of conceptual research related to CT, there is a lack of methodological research into these potentially nonlinear effects. The purpose of this paper is to demonstrate the theoretical and practical importance of non-linear terms in a multivariate polynomial model as they become more significant predictors of firm success in collaborative environments and less significant in more rigidly controlled work environments.

Design/methodology/approach

Multivariate polynomial regression methods are used to examine the significance and effect sizes of interaction and quadratic terms in operations scenarios expected to have varying degrees of complex and complex adaptive behaviors.

Findings

The results find that in highly collaborative work environments, non-linear and interaction effects become more significant predictors of success than the linear terms in the model. In more rigid, less collaborative work environments, these effects are not present or significantly reduced in effect size.

Research limitations/implications

This study shows that analytical methods sensitive to detecting and measuring nonlinearities in relationships such as multivariate polynomial regression models enhance our theoretical understanding of the relationships between constructs when the theory predicts that complex and complex adaptive behaviors are present and important.

Originality/value

This study demonstrates that complex adaptive behaviors between management and the workforce exist in certain environments and provide greater understanding of factor relationships relating to firm success than more traditional linear analytical methods.

Details

International Journal of Productivity and Performance Management, vol. 67 no. 3
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 10 July 2009

R. Dyczij‐Edlinger and O. Farle

The purpose of this paper is to enable fast finite element (FE) analysis of electromagnetic structures with multiple geometric design variables.

Abstract

Purpose

The purpose of this paper is to enable fast finite element (FE) analysis of electromagnetic structures with multiple geometric design variables.

Design/methodology/approach

The proposed methodology combines multi‐variable model‐order reduction with mesh perturbation techniques and polynomial interpolation of parameter‐dependent FE matrices.

Findings

The resulting reduced‐order models are of comparable accuracy as but much smaller size than the original FE systems and preserve important system properties such as reciprocity.

Research limitations/implications

The method is limited to mesh variations that are obtained from a nominal discretization by continuous deformation. Topological changes in the mesh are not permissible.

Practical implications

In contrast to the underlying FE models, the resulting reduced‐order systems are very cheap to analyze. Possible applications include parametric libraries, design optimization, and real‐time control.

Originality/value

The paper extends the scope of moment‐matching order‐reduction techniques to a class of non‐polynomial systems arising from FE models with geometric parameters.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 28 no. 4
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 16 April 2018

Eero Immonen

This paper aims to design an optimal shape for an annular S-duct, considering both energy losses and exit flow uniformity, starting from a given baseline design. Moreover, this…

Abstract

Purpose

This paper aims to design an optimal shape for an annular S-duct, considering both energy losses and exit flow uniformity, starting from a given baseline design. Moreover, this paper seeks to identify the design factors that affect the optimal annular S-duct designs.

Design/methodology/approach

The author has carried out computational fluid dynamic (CFD)-based shape optimization relative to five distinct numerical objectives, to understand their interrelations in optimal designs. Starting from a given baseline S-duct design, they have applied control node-induced shape deformations and high-order polynomial response surfaces for modeling the functional relationships between the shape variables and the numerical objectives. A statistical correlation analysis is carried out across the optimal designs.

Findings

The author has shown by single-objective optimization that the two typical goals in S-duct design, energy loss minimization and exit flow uniformity, are mutually contradictory. He has presented a multi-objective solution for an optimal shape, reducing the total pressure loss by 15.6 per cent and the normalized absolute radial exit velocity by 34.2 per cent relative to a baseline design. For each of the five numerical objectives, the best optimization results are obtained by using high-order polynomial models.

Research limitations/implications

The methodology is applicable to axisymmetric two-dimensional geometry models.

Originality/value

This paper applies a recently introduced shape optimization methodology to annular S-ducts, and, it is, to the author’s knowledge, the first paper to point out that the two widely studied design objectives for annular S-ducts are contradictory. This paper also addresses the value of using high-order polynomial response surface models in CFD-based shape optimization.

Details

Engineering Computations, vol. 35 no. 2
Type: Research Article
ISSN: 0264-4401

Keywords

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