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1 – 10 of over 50000With numerous and ambiguous sets of information and often conflicting requirements, construction management is a complex process involving much uncertainty. Decision…
Abstract
With numerous and ambiguous sets of information and often conflicting requirements, construction management is a complex process involving much uncertainty. Decision makers may be challenged with satisfying multiple criteria using vague information. Fuzzy multi-criteria decision-making (FMCDM) provides an innovative approach for addressing complex problems featuring diverse decision makers’ interests, conflicting objectives and numerous but uncertain bits of information. FMCDM has therefore been widely applied in construction management. With the increase in information complexity, extensions of fuzzy set (FS) theory have been generated and adopted to improve its capacity to address this complexity. Examples include hesitant FSs (HFSs), intuitionistic FSs (IFSs) and type-2 FSs (T2FSs). This chapter introduces commonly used FMCDM methods, examines their applications in construction management and discusses trends in future research and application. The chapter first introduces the MCDM process as well as FS theory and its three main extensions, namely, HFSs, IFSs and T2FSs. The chapter then explores the linkage between FS theory and its extensions and MCDM approaches. In total, 17 FMCDM methods are reviewed and two FMCDM methods (i.e. T2FS-TOPSIS and T2FS-PROMETHEE) are further improved based on the literature. These 19 FMCDM methods with their corresponding applications in construction management are discussed in a systematic manner. This review and development of FS theory and its extensions should help both researchers and practitioners better understand and handle information uncertainty in complex decision problems.
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Haiming Liang, Xiao Zhang, Fang Fang and Xi Chen
The aim of this paper is to propose an optimization method for determining the emergency action, in which the compatibility between emergency alternatives and the…
Abstract
Purpose
The aim of this paper is to propose an optimization method for determining the emergency action, in which the compatibility between emergency alternatives and the collaborative relationship between departments are considered.
Design/methodology/approach
The individual emergency cost and individual emergency effect of each emergency alternative are calculated. And the collaborative emergency cost and collaborative emergency effect associated with a pair of emergency alternatives are calculated. Then, a bi-objective programming model maximizing the total emergency effect and minimizing the total emergency cost is constructed. A novel nondominated sorting genetic algorithm II (NNSGA II) is designed to solve the constructed model, subsequently. Finally, an example is given to illustrate the use of the proposed method, and the performance of NNSGA II is evaluated through a simulation experiment.
Findings
This paper proposes an effective method to manage complex emergency events that requires the coordinations of multiple departments. Also, this paper provides a new algorithm to determine an appropriate emergency action that performs well in managing both the emergency cost and emergency effect.
Originality/value
The findings contribute to the current methods in the field of emergency management. The method is used for dealing with the individual information of emergency alternatives and the collaborative information associated with a pair of alternatives.
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Xinyi Jiang, Yanfeng Chen, Bo Zhang and Dongyuan Qiu
This paper aims to present a simplified method to analyze the transient characteristics of a fractional-order very high frequency (VHF) resonant boost converter. The…
Abstract
Purpose
This paper aims to present a simplified method to analyze the transient characteristics of a fractional-order very high frequency (VHF) resonant boost converter. The transient analytical solutions of state variables obtained by this method could be used as a guide for parameter design and circuit optimization.
Design/methodology/approach
The VHF converter is decoupled into a simplified equivalent circuit model and described by the differential equation. The solution of the simplified equivalent circuit model is taken as the main oscillation component of the transient state variable. And the equivalent small parameter method (ESPM) and Kalman filter technology are used to solve the differential equation of the converter to obtain the steady-state ripple component. Then, by superimposing the abovementioned two parts, the approximate transient analytical solution can be acquired. Finally, the influence of the fractional order of the energy storage elements on the transient process of the converter is discussed.
Findings
The results from the proposed method agree well with those from simulations, which indicates that the proposed method can effectively analyze the transient characteristic of the fractional-order VHF converter, and the analytical solution derived from the proposed mathematical model shows sufficient accuracy.
Originality/value
This paper proposes for the first time a method to analyze the transient characteristics of a fractional-order VHF resonant boost converter. By combining the main oscillated solution derived from the simplified equivalent circuit model with the steady-state solution based on ESPM, this method can greatly reduce the computation amount to estimate the transient solution. In addition, the discussion on the order of fractional calculus of energy storage components can provide an auxiliary guidance for the selection of circuit parameters and the study of stability.
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Xiaoning Li, Xinbo Liao, Qingwen Zhong, Kai Zheng, Shaoxing Chen, Xiao-Jun Chen, Jin-Xiu Zhu and Hongyuan Yang
The purpose of this paper is to analyze the influencing factors of patients’ financial burden through a case study of hospital on public‒private partnerships (PPP) model…
Abstract
Purpose
The purpose of this paper is to analyze the influencing factors of patients’ financial burden through a case study of hospital on public‒private partnerships (PPP) model (Chaonan Minsheng Hospital of Guangdong Province) and provide some useful information to policymakers for better development of hospitals on PPP model.
Design/methodology/approach
There are total six indicators that are defined as patients’ financial burden, basing on the policy of “indicators of medical quality management and control on the third level large general hospital (2011 edition),” issued by Chinese Government. In total, 23 potentially influencing factors of patients’ financial burden for hospital on PPP model were chosen from the above policy. The five-year (2007‒2011) data for the above 29 indicators come from statistic department of hospital on PPP model. Grey relational analysis (GRA) was applied to analyze the influencing factors of patients’ financial burden for hospital on PPP model.
Findings
A clear rank of influencing factors of patients’ financial burden is obtained and suggestions are provided from results of GRA, which provide reference for policymakers of hospital on PPP model. The five main influencing factors of patients’ financial burden for hospital on PPP model, in sequence, are rescuing critical ill patients on emergency, rescuing critical ill inpatients, inpatient bed occupancy rate, working days per bed and medical building area.
Originality/value
The study on the influencing factors of patients’ financial burden for hospital on PPP model not only provides decision-making for policymaker of hospital and controlling of medical expenditure but also contributes to release patients’ financial burden for hospitals on PPP model.
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The purpose of this paper is to explore the dynamic interdependence structure and risk spillover effect between the Chinese stock market and the US stock market.
Abstract
Purpose
The purpose of this paper is to explore the dynamic interdependence structure and risk spillover effect between the Chinese stock market and the US stock market.
Design/methodology/approach
This paper mainly uses the multivariate R-vine copula-complex network analysis and the multivariate R-vine copula-CoVaR model and selects stock price indices and their subsector indices as samples.
Findings
The empirical results indicate that the Energy, Materials and Financials sectors have leading roles in the interdependent structure of the Chinese and US stock markets, while the Utilities and Real Estate sectors have the least important positions. The comprehensive influence of the Chinese stock market is similar to that of the US stock market but with smaller differences in the influence of different sectors of the US stock market on the overall interdependent structure system. Over time, the interdependent structure of both stock markets changed; the sector status gradually equalized; the contribution of the same sector in different countries to the interdependent structure converged; and the degree of interaction between the two stock markets was positively correlated with the degree of market volatility.
Originality/value
This paper employs the methods of nonlinear cointegration and the R-vine copula function to explore the interactive relationship and risk spillover effect between the Chinese stock market and the US stock market. This paper proposes the R-vine copula-complex network analysis method to creatively construct the interdependent network structure of the two stock markets. This paper combines the generalized CoVaR method with the R-vine copula function, introduces the stock market decline and rise risk and further discusses the risk spillover effect between the two stock markets.
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The newsvendor problem is fundamental to many operations management models. The problem focuses on the trade-off between the gains from satisfying demand and losses from…
Abstract
The newsvendor problem is fundamental to many operations management models. The problem focuses on the trade-off between the gains from satisfying demand and losses from unsold products. The newsvendor model and its extensions have been applied to various areas, such as production plan and supply chain management. This chapter examines the study about newsvendor problem. In this research, there is a review of the contributions for the multiproduct newsvendor problem. It focuses on the current literature concerning the mathematical models and the solution methods for the multiitem newsvendor problems with single or multiple constraints, as well as with the risks. The objective of this research is to go over the newsvendor problem and bring into comparison different newsvendor models applied to the flower industry. A few case studies are described addressing topics related to the newsvendor problem such as discounting and replenishment policies, inventory inaccuracies, or demand estimation. Three newsvendor models are put into practice in the field of flower selling. A full database of the flowers sold by an anonymous retailer is available for the study. Computational experiments for practical example have been conducted with use of the CPLEX solver with AMPL programming language. Models are solved, and an analysis of different circumstances and cases is accomplished.
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Shashank Vadlamani and Arun C.O.
The purpose of this paper is to discuss about evaluating the integrals involving B-spline wavelet on the interval (BSWI), in wavelet finite element formulations, using…
Abstract
Purpose
The purpose of this paper is to discuss about evaluating the integrals involving B-spline wavelet on the interval (BSWI), in wavelet finite element formulations, using Gauss Quadrature.
Design/methodology/approach
In the proposed scheme, background cells are placed over each BSWI element and Gauss quadrature rule is defined for each of these cells. The nodal discretization used for BSWI WFEM element is independent to the selection of number of background cells used for the integration process. During the analysis, background cells of various lengths are used for evaluating the integrals for various combination of order and resolution of BSWI scaling functions. Numerical examples based on one-dimensional (1D) and two-dimensional (2D) plane elasto-statics are solved. Problems on beams based on Euler Bernoulli and Timoshenko beam theory under different boundary conditions are also examined. The condition number and sparseness of the formulated stiffness matrices are analyzed.
Findings
It is found that to form a well-conditioned stiffness matrix, the support domain of every wavelet scaling function should possess sufficient number of integration points. The results are analyzed and validated against the existing analytical solutions. Numerical examples demonstrate that the accuracy of displacements and stresses is dependent on the size of the background cell and number of Gauss points considered per background cell during the analysis.
Originality/value
The current paper gives the details on implementation of Gauss Quadrature scheme, using a background cell-based approach, for evaluating the integrals involved in BSWI-based wavelet finite element method, which is missing in the existing literature.
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Bo Yan, Zhuo Chen and Hanwen Kang
The purpose of this paper is to identify the risk factors that affect aquatic product quality in the “farming-supermarket docking” condition. This paper investigates how…
Abstract
Purpose
The purpose of this paper is to identify the risk factors that affect aquatic product quality in the “farming-supermarket docking” condition. This paper investigates how the investment scale can affect earnings and aquatic product quality assurance level. Also, it aims to determine an effective method for increasing aquatic product assurance level, coordinate the supply chain and improve management of the entire supply chain.
Design/methodology/approach
The authors construct a coordination model for quality risk control of the aquatic supply chain by simulating the model in a tilapia supply chain using the case study method. They applied Karush–Kuhn–Tucker conditions to analyze upstream enterprises (breeding base) and downstream enterprises (corresponding supermarket) under the conditions of sufficient or insufficient funds, Further, they consider the relationships among revenue, optimum quality assurance and investment scale at different capital positions; discuss the best cooperation conditions in four cases; and draw conclusions on ways to control quality risk.
Findings
The proposed coordination model is found to be effective in controlling aquatic product quality risk. The simulation results show that when the enterprise funds are sufficient, the sales prices, product freshness, quality assurance ability, collaboration and quality test ability have a positive influence on quality assurance level, whereas coefficient and price sensitivity have a negative influence on it. Additionally, it can obtain high-quality assurance levels and earnings in both breeding bases and supermarkets under the condition of adequate investment.
Originality/value
The study built a coordination model combined with the characteristics of the aquatic supply chain by adding the quality penalty mechanism, product freshness parameters and cost function in the “farming-supermarket docking” mode into the traditional principal–agent model. Research results are beneficial to enhancing the quality assurance level of the aquatic supply chain and improving the coordination level of the supply chain.
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Yi-Chung Hu and Geng Wu
Given that the use of Google Trends data is helpful to improve forecasting performance, this study aims to investigate whether the precision of forecast combination can…
Abstract
Purpose
Given that the use of Google Trends data is helpful to improve forecasting performance, this study aims to investigate whether the precision of forecast combination can benefit from the use of Google Trends Web search index along with the encompassing set.
Design/methodology/approach
Grey prediction models generate single-model forecasts, while Google Trends index serves as an explanatory variable for multivariate models. Then, three combination sets, including sets of univariate models (CUGM), all constituents (CAGM) and constituents that survive the forecast encompassing tests (CSET), are generated. Finally, commonly used combination methods combine the individual forecasts for each combination set.
Findings
The tourism volumes of four frequently searched-for cities in Taiwan are used to evaluate the accuracy of three combination sets. The encompassing tests show that multivariate grey models play a role to be reckoned with in forecast combinations. Furthermore, the empirical results indicate the usefulness of Google Trends index and encompassing tests for linear combination methods because linear combination methods coupled with CSET outperformed that coupled with CAGM and CUGM.
Practical implications
With Google Trends Web search index, the tourism sector may benefit from the use of linear combinations of constituents that survive encompassing tests to formulate business strategies for tourist destinations. A good forecasting practice by estimating ex ante forecasts post-COVID-19 can be further provided by scenario forecasting.
Originality/value
To improve the accuracy of combination forecasting, this research verifies the correlation between Google Trends index and combined forecasts in tourism along with encompassing tests.
Google 搜尋趨勢指標與涵蓋性檢定對於旅遊需求組合預測的影響
目的
過去的研究顯示 Google 搜尋趨勢資料有助於改善旅遊需求預測的準確度,本研究就此進一步探討 Google 搜尋趨勢網頁搜尋指標與涵蓋性檢定的使用對於組合預測準確度所造成的影響。
設計/方法論/方法
本研究以 Google 搜尋趨勢指標做為多變量灰色預測模式的解釋變數,並以單變量與多變量灰色模式產生各別預測值。在分別產生由所有的單變量模式 (CUGM)所有的模式 (CAGM), 以及經過涵蓋性檢定所留存下來之模式 (CSET) 所組成之集合後,就各別的組合集以常用的組合方法產生預測值。
發現
以台灣的四個熱搜旅遊城市的旅遊人數進行三個組合集的預測準確度分析。涵蓋性檢定顯示多變量灰色模式在組合預測中扮演重要的角色,而結果亦呈現線性組合方法在 CSET優於在 CUGM 與 CAGM 的準確度,突顯搜尋趨勢指標與涵蓋性檢定對於線性組合方法的有用性。
實踐意涵
藉由 Google 搜尋趨勢網頁搜尋指標與涵蓋性檢定,旅遊部門應可透過線性組合方法的預測規劃旅遊目的地的經營策略。新冠疫情下於各季的事前預測亦可結合情境預測具體呈現。
原創性/價值
為提升組合預測在旅遊需求的預測準確度,本研究結合涵蓋性檢定以分析 Google 搜尋趨勢指標與組合預測準確度之間的關聯性。
關鍵字
旅遊需求,涵蓋性檢定,Google 搜尋趨勢,灰色預測,組合預測
文章类型
研究型论文
El impacto de Google Trends en la previsión de viajes combinados y su evidencia relacionada
Propósito
Dado que el uso de los datos de Google Trends es útil para mejorar la precisión de las predicciones, este estudio examina si el uso del índice de búsqueda web de Google Trends combinado con la agregación de relevancia puede mejorar la precisión del predictor.
Diseño/metodología/enfoque
El modelo predictivo gris genera predicciones bajo un único modelo, mientras que el modelomultivariado utiliza el indicador Google Trends como variable explicativa. Se generaron tresensamblajes generales, incluido el Modelo armónico único (CUGM), los ensamblajes de todos loscomponentes (CAGM) y la prueba de presencia de componentes con predicción (CSET). Laspredicciones individuales encada grupo luego se combinan utilizando métodos de correlación deuso común.
Recomendaciones
Utilizando el número de turistas en las cuatro ciudades más investigadas de Taiwán, los tresgrupos combinados se clasificaron según su precisión. Las pruebas incluidas muestran que losmodelos multivariados en escala de grises son importantes para la predicción. Además, losresultados de las pruebas muestran que el índice de Google Trends y las pruebas que incluyenmétodos de suma lineal son útiles porque los métodos combinados con CSET funcionan majorque los métodos combinados con CSET. CAGM y VCUG.
Implicaciones practices
La industria de viajes puede usar el índice de búsqueda web de Google Trends para desarrollarestrategias comerciales para atracciones basadas en un conjunto lineal de componentes.
Autenticidad/valor
Con el objetivo de mejorar la precisión de los pronósticos agregados, este estudio investiga larelación entre el índice de tendencias de Google y las expectativas generales de viaje junto con laevidencia global.
Palabras clave
Demanda de viajes, Experiencia global, Tendencias de Google, Predicción gris
Tipo de papel
Trabajo de investigación
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Tooraj Karimi and Yalda Yahyazade
Risk management is one of the most influential parts of project management that has a major impact on the success or failure of projects. Due to the increasing use of…
Abstract
Purpose
Risk management is one of the most influential parts of project management that has a major impact on the success or failure of projects. Due to the increasing use of information technology in all fields and the high failure rate of software development projects, it is essential to predict the risk level of each project effectively before starting. Therefore, the main purpose of this paper is proposing an expert system to infer about the risk of new banking software development project.
Design/methodology/approach
In this research, the risk of software developing projects is considered from four dimensions including risk of cost deviation, time deviation, quality deviation and scope deviation, which is examined by rough set theory (RST). The most important variables affecting the cost, time, quality and scope of projects are identified as condition attributes and four initial decision systems are constructed. Grey system theory is used to cluster the condition attributes and after data discretizing, eight rule models for each dimension of risk as a decision attribute are extracted using RST. The most validated model for each decision attribute is selected as an inference engine of the expert system, and finally a simple user interface is designed in order to predict the risk level of any new project by inserting the data of project attributes
Findings
In this paper, a high accuracy expert system is designed based on the combination of the grey clustering method and rough set modeling to predict the risks of each project before starting. Cross-validation of different rule models shows that the best model for determining cost deviation is Manual/Jonson/ORR model, and the most validated models for predicting the risk of time, quality and scope of projects are Entropy/Genetic/ORR, Manual/Genetic/FOR and Entropy/Genetic/ORR models; all of which are more than 90% accurate
Research limitations/implications
It is essential to gather data of previous cases to design a validated expert system. Since data documentation in the field of software development projects is not complete enough, grey set theory (GST) and RST are combined to improve the validity of the rule model. The proposed expert system can be used for risk assessment of new banking software projects
Originality/value
The risk assessment of software developing projects based on RST is a new approach in the field of risk management. Furthermore, using the grey clustering for combining the condition attributes is a novel solution for improving the accuracy of the rule models.
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