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Traditional risk prioritization methods in Enterprise Risk Management (ERM) rely on precise data, which is often not available in real-world contexts. This study addresses the need for a robust model that can handle uncertain and imprecise information for more accurate risk assessment.

We propose a group decision-making approach using fuzzy numbers to represent risk attributes and preferences. These are converted into fuzzy risk scores through defuzzification, providing a reliable method for risk ranking.

The proposed fuzzy risk prioritization framework improves decision-making and risk awareness in businesses. It offers a more accurate and robust ranking of enterprise risks, enhancing control and performance in supply chain operations by effectively representing uncertainty and accommodating multiple decision-makers.

The adoption of this fuzzy risk prioritization framework can lead to significant improvements in enterprise risk management across various industries. By accommodating uncertainty and multiple decision-makers, organizations can achieve more reliable risk assessments, ultimately enhancing operational efficiency and strategic decision-making. This model serves as a guide for firms seeking to refine their risk management processes under conditions of imprecise information.

This study introduces a novel weighted fuzzy Risk Priority Number method validated in the risk management process of an integrated steel plant. It is the first to apply this fuzzy approach in the steel industry, demonstrating its practical effectiveness under imprecise information. The results contribute significantly to risk assessment literature and provide a benchmarking tool for improving ERM practices.

As environmental protection and sustainable development become more widely recognized, greater emphasis has been placed on the significance of green supplier selection (GSS), which can support businesses both upstream and downstream in enhancing their environmental performance while preserving their strategic competitiveness. Therefore, this paper aims to propose a new framework to study GSS.

Firstly, this paper establishes a GSS evaluation criteria system including product competitiveness, green performance, quality of service and enterprise social responsibility. Secondly, based on the spherical fuzzy sets (SFSs), the Average Induction Ordered Weighted Averaging Operator-Criteria Importance Through Inter Criteria Correlation (AIOWA-CRITIC) method is used to determine the subjective and objective weights and the combination of weights are determined by game theory. In addition, the GSS framework is constructed by the Cumulative Prospect Theory-Technique for Order Preference by Similarity to Ideal Solution (CPT-TOPSIS) method. Finally, the validity and robustness of the framework is verified through sensitivity comparative and ablation analysis.

The results show that Y3 is the most promising green supplier in China. This study provides a feasible guidance for GSS, which is important for the greening process of the whole supply chain.

Under spherical fuzzy sets, AIOWA and CRITIC are used to determine weights of indicators. CPT and TOPSIS are combined to construct a decision model, considering the ambiguity and uncertainty of information and the risk attitudes of decision-makers.

This paper aims to propose an accurate and efficient decision-making process adapted to the specific context of Claim Management situations, implying partners engaged in a high-involvement relationship.

We used a three-step approach: first, an inductive phase based on 12 past case studies. Second, a theory-building phase. Third, a theory-testing phase based on an ongoing case study to observe and test our propositions.

Proposal 1: Partner’s Strategic Value is an influential decision parameter that must be incorporated into Claim Management-related decision-making processes in high-involvement relationships. Proposal 2: The Fast-and-Frugal Heuristic is adapted to the intense, interactive and iterative nature of the Claim Management context. Our final proposal combines these two findings, i.e. a Fast-and-Frugal Heuristic incorporating the Partner’s Strategic Value and based on using decision criteria as a sequence, not simultaneously.

In the context of high-involvement business relationships and Claim Management, this study introduces the importance of selecting an appropriate decision methodology and integrating a strategic decision parameter (Partner’s Strategic Value) into an operational decision-making context. Furthermore, the principle of considering decision parameters in a specific sequence corresponds to the iterative and interactive nature of the Claim Management processes.

Assembly action recognition plays an important role in assembly process monitoring and human-robot collaborative assembly. Previous works overlook the interaction relationship between hands and operated objects and lack the modeling of subtle hand motions, which leads to a decline in accuracy for fine-grained action recognition. This paper aims to model the hand-object interactions and hand movements to realize high-accuracy assembly action recognition.

In this paper, a novel multi-stream hand-object interaction network (MHOINet) is proposed for assembly action recognition. To learn the hand-object interaction relationship in assembly sequence, an interaction modeling network (IMN) comprising both geometric and visual modeling is exploited in the interaction stream. The former captures the spatial location relation of hand and interacted parts/tools according to their detected bounding boxes, and the latter focuses on mining the visual context of hand and object at pixel level through a position attention model. To model the hand movements, a temporal enhancement module (TEM) with multiple convolution kernels is developed in the hand stream, which captures the temporal dependences of hand sequences in short and long ranges. Finally, assembly action prediction is accomplished by merging the outputs of different streams through a weighted score-level fusion. A robotic arm component assembly dataset is created to evaluate the effectiveness of the proposed method.

The method can achieve the recognition accuracy of 97.31% and 95.32% for coarse and fine assembly actions, which outperforms other comparative methods. Experiments on human-robot collaboration prove that our method can be applied to industrial production.

The author proposes a novel framework for assembly action recognition, which simultaneously leverages the features of hands, objects and hand-object interactions. The TEM enhances the representation of dynamics of hands and facilitates the recognition of assembly actions with various time spans. The IMN learns the semantic information from hand-object interactions, which is significant for distinguishing fine assembly actions.

We propose an alternative rationale for why some firms employ veterans, driven not solely by benevolence but also by the prospect of enhanced outcomes. Financially, hiring veterans could correlate with improved stock market performance for the hiring company while aligning with corporate social responsibility (CSR) initiatives. Our study centers on the stock market performance of companies hiring veterans. It aims to underscore a lesser-known facet of the veteran employment discourse and its connection to the hiring firm's financial performance.

This paper evaluates the stock market performance of three VETS portfolios (made of companies that hire veterans) compared to the benchmark SPDR S&P 500 ETF. Using a modular approach, we create three VETS passive indices: VETSEW (equal-weighted index), VETSPW (price-weighted index) and VETSVW (value-weighted index). The study analyzes the annual returns, portfolio allocations, risk-adjusted performance metrics and style analysis of the portfolios from January 1, 2020, to December 31, 2022.

The findings indicate that all three VETS portfolios outperformed the benchmark, with higher ending balances and superior risk-adjusted ratios such as the Sharpe and Sortino ratios. Notably, the portfolios demonstrated resilience during challenging periods, including the COVID-19 pandemic, subsequent recovery and an inflationary period.

Limitations include the paper's focus solely on stock returns, suggesting a need for broader financial and management ratios. Moreover, a deeper exploration into how veterans contribute during turbulent times is suggested for further investigation. Although the study touches upon the financial performance of veteran-focused companies during challenging economic times, it does not extensively delve into the specific ways in which veterans add value under such circumstances, presenting an opportunity for further exploration.

Firms that employ veterans amid the COVID-19 pandemic demonstrate favorable risk-adjusted returns, underscoring the potential of veterans as valuable crisis-time assets. Our research further underscores the correlation between veteran hiring and enhanced financial prowess. These insights carry significant policy implications, including CSR initiatives for hiring veterans, skill translation and training and collaboration with veteran organizations.

The paper's findings suggest significant implications: (1) Policymakers could incentivize firms to hire veterans through tax benefits or grants, leveraging their skills for organizational resilience. (2) Collaborative efforts between policymakers and firms can promote responsible hiring, boosting a company's reputation through diversity and inclusion, positively impacting society. (3) Support for skill translation from military to civilian jobs is crucial. Programs certifying skills and tailored education aid veterans' successful transition into the workforce. (4) Collaborations between policymakers, veteran organizations and private sector entities can create networks, job placements and support systems for veterans' employment.

Numerous prior studies within the domain of corporate social responsibility have predominantly neglected the contributions veterans offer to businesses and the underlying reasons behind firms' decisions to employ them. Our research uniquely concentrates on the stock market performance of companies that choose to hire veterans.

This study investigates the impact of international remittances on the economic growth of remittance-receiving countries, using data from 113 developing countries between 1990 and 2015.

The authors used a novel approach to address the potential endogeneity of remittances. The authors estimated bilateral remittances and use them to create weighted indicators of remittance-sending countries, which the authors then use as instruments for remittance inflows to remittance-receiving countries.

The results indicate that while remittances have a positive impact on economic growth in developing countries with high human capital, they do not contribute to growth in developing countries with low human capital. The authors also examined the channels through which remittances affect growth. The findings suggested that remittances do not impact labor supply in developing countries with high human capital, but they reduce labor supply in countries with low human capital. Additionally, remittances increase investment in physical capital in developing countries with high human capital, but they do not have an effect on investment in developing countries with low human capital.

The authors investigated the impact of remittances on economic growth using a novel approach to address the endogeneity of remittances. Additionally, the authors examined the different indirect channels through which remittances can impact economic growth, such as their effect on labor supply and investment.

Through the tracer fiber method, we strive to more accurately obtain the hook degree, straightening degree, percentage and other characteristic indexes. In order to intuitively represent the hook state from sliver to yarn, and feed back production information in combination with quality test.

Taking the cotton fiber as an example, the hooked fibers were studied by using the tracer fiber method. Tracer fibers were made from cotton-type viscose fibers. Tracer fibers and combed cotton fibers were uniformly mixed for many times and used to produce the card sliver, semi-drawn sliver, drawn sliver, roving and yarn. With the help of ZF-20D ultraviolet analyzer, geometric parameters of hooked fibers were measured, and characterization indexes were calculated. And hook indexes and quality indexes were compared.

By redefining and reclassifying hooked fibers, the change of hooked fibers in the process was tracked and characterized carefully. Some hooks in card sliver are straightened but not eliminated, and will form longer zero-angled hooks in the subsequent process. The straightening degree and number of zero-angled hooks affect the evenness CV mainly.

The characterization of hooked fibers is important for reducing hooked fibers and spinning high quality yarns. There is no uniform standard for the characterization of hooked fibers at present. Most studies are about relationship between process and hook in carding and drawing. There is no research on hooked fibers in the whole spinning process. In the paper, hooked fibers were redefined and reclassified, the change of hooked fibers in the process was tracked and characterized carefully.

The purpose of this study is to establish a novel airfoil icing prediction model using deep learning with geometrical constraints, called geometrical constraints enhancement neural networks, to improve the prediction accuracy compared to the non-geometrical constraints model.

The model is developed with flight velocity, ambient temperature, liquid water content, median volumetric diameter and icing time taken as inputs and icing thickness given as outputs. To enhance the icing prediction accuracy, the model involves geometrical constraints into the loss function. Then the model is trained according to icing samples of 2D NACA0012 airfoil acquired by numerical simulation.

The results show that the involvement of geometrical constraints effectively enhances the prediction accuracy of ice shape, by weakening the appearance of fluctuation features. After training, the airfoil icing prediction model can be used for quickly predicting airfoil icing.

This work involves geometrical constraints in airfoil icing prediction model. The proposed model has reasonable capability in the fast assessment of aircraft icing.

The purpose of this paper is to explore a new grey relational analysis model to measure the coupling relationship between the indicators for the water environment status assessment. Meanwhile, the model deals with the problem that the changing of indicator order may result in the changing of the degree of grey relation.

The binary index submatrix of the sample matrix is given first. Then the product of the matrix and its own transpose is used to measure the characteristics of the index and the coupling relationship between the indicators. Thirdly, the grey relational coefficient is defined based on the matrix norm, and a grey coupling relational analysis model is proposed.

The paper provides a novel grey relational analysis model based on the norm of matrix. The properties, normalization, symmetry, relational order invariance to the multiplicative, are studied. The paper also shows that the model performs very well on the water environment status assessment in the eight cities along the Yangtze River.

The model in this paper has supplemented and improved the grey relational analysis theory for panel data.

Aerodynamic shape optimisation is a complex problem usually governed by transonic non-linear aerodynamics, a high dimensional design space and high computational cost. Consequently, the use of a numerical simulation approach can become prohibitive for some applications. This paper aims to propose a computationally efficient multi-fidelity method for the optimisation of two-dimensional axisymmetric aero-engine nacelles.

The nacelle optimisation approach combines a gradient-free algorithm with a multi-fidelity surrogate model. Machine learning based on artificial neural networks (ANN) is used as the modelling technique because of its ability to handle non-linear behaviour. The multi-fidelity method combines Reynolds-averaged Navier Stokes and Euler CFD calculations as high- and low-fidelity, respectively.

Ratios of low- and high-fidelity training samples to degrees of freedom of n_LF/n_DOFs = 50 and n_HF/n_DOFs = 12.5 provided a surrogate model with a root mean squared error less than 5% and a similar convergence to the optimal design space when compared with the equivalent CFD-in-the-loop optimisation. Similar nacelle geometries and aerodynamic flow topologies were obtained for down-selected designs with a reduction of 92% in the computational cost. This highlights the potential benefits of this multi-fidelity approach for aerodynamic optimisation within a preliminary design stage.

The application of a multi-fidelity technique based on ANN to the aerodynamic shape optimisation problem of isolated nacelles is the key novelty of this work. The multi-fidelity aspect of the method advances current practices based on single-fidelity surrogate models and offers further reductions in computational cost to meet industrial design timescales. Additionally, guidelines in terms of low- and high-fidelity sample sizes relative to the number of design variables have been established.