Search results

1 – 10 of over 4000
Article
Publication date: 15 August 2022

Jie Wu, Qingsong Liu and Zhixiang Zhou

The purpose of this study is to evaluate the profit efficiency of decision-making units (DMUs) based on predicted future information to solve the lag problem of improvement…

Abstract

Purpose

The purpose of this study is to evaluate the profit efficiency of decision-making units (DMUs) based on predicted future information to solve the lag problem of improvement benchmarks given by the traditional profit efficiency model.

Design/methodology/approach

This paper proposes a two-step profit efficiency evaluation method. The first step predicts the future input and output information of DMUs through the past time-series data, obtaining a likely production possibility set (PPS) and profit frontier for the next period. The second step calculates DMUs' profit efficiency based on the predictions obtained in the first step and provides predictive benchmarking for DMUs.

Findings

The empirical results show that the proposed method yields good solutions for the lag problem of benchmarks given in ex-post evaluation, enabling bank managers to use predicted future information to achieve better improvement. Besides, compared with the technical efficiency measure, profit efficiency can better reflect the financial situation of DMUs and give the specific gap between the evaluated and optimal DMU.

Practical implications

For bank managers, the authors' new technique is advantageous for grasping the initiative of development because this technique accounts for the future development of the whole industry and sets forward-looking targets. These advantages can help banks improve in a more favorable direction and improve the asset management ability of banks.

Originality/value

This paper combines the data envelopment analysis (DEA) profit efficiency model with performance prediction and proposes a new two-step profit efficiency model, filling a gap in previous studies.

Details

Kybernetes, vol. 52 no. 12
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 18 July 2022

Qun Bai, Senming Tan, Zheng Yuelong, Jiafu Su and Li Tingting

This study investigates the credit supervision issue in rural e-commerce. By studying the trading strategies of buyers and sellers under different credit supervision measures and…

Abstract

Purpose

This study investigates the credit supervision issue in rural e-commerce. By studying the trading strategies of buyers and sellers under different credit supervision measures and the impact of different pricing strategies on the trading strategies of both parties, this paper proposes regulatory suggestions for the increasingly severe credit problems in rural e-commerce.

Design/methodology/approach

In the online agricultural product transaction between farmers and consumers, both parties' decision-making is a dynamic process. Using the copying dynamic model of the evolutionary game, this study establishes two evolutionary game models to explore the factors affecting credit supervision in the rural e-commerce transaction process. Then, the study provides corresponding countermeasures and suggestions.

Findings

First, credit supervision measures implemented by rural e-commerce platforms and the Government's legal system construction and infrastructure construction guarantees influence both parties' trust choices in rural e-commerce transactions. Second, price is a key factor affecting both parties' trading strategies. In the case of relatively fair prices, the higher the proportion of farmers who choose “low price” and “honest transaction” strategies, the easier that is for consumers to choose to trust farmers. In contrast, the higher the price, the higher the proportion of consumers who choose the “trust farmers” strategy, and the more willing farmers are to choose honest transactions.

Originality/value

This work develops a new approach for analyzing rural e-commerce credit supervision. Moreover, this study helps establish and improve the credit supervision mechanism of rural e-commerce and further realize the long-term sustainable development of the rural economy.

Details

Kybernetes, vol. 52 no. 11
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 8 June 2023

Jiahao Liu, Tao Gu and Zhixue Liao

The purpose of this paper is to consider three factors, namely, intra-week demand fluctuations, interrelationship between the number of robots and order scheduling and conflicting…

Abstract

Purpose

The purpose of this paper is to consider three factors, namely, intra-week demand fluctuations, interrelationship between the number of robots and order scheduling and conflicting objectives (i.e. cost minimization and customer satisfaction maximization), to optimize the robot logistics system.

Design/methodology/approach

The number of robots and the sequence of delivery orders are first optimized using the heuristic algorithm NSGACoDEM, which is designed using genetic algorithm and composite difference evolution. The superiority of this method is then confirmed by a case study of a four-star grade hotel in South Korea and several comparative experiments.

Findings

Two performance metrics reveal the superior performance of the proposed approach compared to other baseline approaches. Results of comparative experiments found that the consideration of three influencing factors in the operation design of a robot logistic system can effectively balance cost and customer satisfaction over the course of a week in hotel operation and optimize robot scheduling flexibility.

Practical implications

The results of this study reveal that numerous factors (e.g. intra-week demand fluctuations) can optimize the performance efficiency of robots. The proposed algorithm can be used by hotels to overcome the influence of intra-week demand fluctuations on robot scheduling flexibility effectively and thereby enhance work efficiency.

Originality/value

The design of a novel algorithm in this study entails enhancing the current robot logistics system. This algorithm can successfully manage cost and customer satisfaction during off-seasons and peak seasons in the hotel industry while offering diversified schemes to various types of hotels.

Details

International Journal of Contemporary Hospitality Management, vol. 36 no. 1
Type: Research Article
ISSN: 0959-6119

Keywords

Article
Publication date: 9 August 2022

Jie Guo and Xia Liang

This study aims to propose a consensus model that considers dynamic trust and the hesitation degree of the expert's evaluation, and the model can provide personalized adjustment…

Abstract

Purpose

This study aims to propose a consensus model that considers dynamic trust and the hesitation degree of the expert's evaluation, and the model can provide personalized adjustment advice to inconsistent experts.

Design/methodology/approach

The trust degree between experts will be affected by the decision-making environment or the behavior of other experts. Therefore, based on the psychological “similarity-attraction paradigm”, an adjustment method for the trust degree between experts is proposed. In addition, we proposed a method to measure the hesitation degree of the expert's evaluation under the multi-granular probabilistic linguistic environment. Based on the hesitation degree of evaluation and trust degree, a method for determining the importance degree of experts is proposed. In the feedback mechanism, we presented a personalized adjustment mechanism that can provide the personalized adjustment advice for inconsistent experts. The personalized adjustment advice is accepted readily by inconsistent experts and ensures that the collective consensus degree will increase after the adjustment.

Findings

The results show that the consensus model in this paper can solve the social network group decision-making problem, in which the trust degree among experts is dynamic changing. An illustrative example demonstrates the feasibility of the proposed model in this paper. Simulation experiments have confirmed the effectiveness of the model in promoting consensus.

Originality/value

The authors presented a novel dynamic trust consensus model based on the expert's hesitation degree and a personalized adjustment mechanism under the multi-granular probabilistic linguistic environment. The model can solve a variety of social network group decision-making problems.

Details

Kybernetes, vol. 52 no. 11
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 25 December 2023

Guodong Sa, Haodong Bai, Zhenyu Liu, Xiaojian Liu and Jianrong Tan

The assembly simulation in tolerance analysis is one of the most important steps for the tolerance design of mechanical products. However, most assembly simulation methods are…

115

Abstract

Purpose

The assembly simulation in tolerance analysis is one of the most important steps for the tolerance design of mechanical products. However, most assembly simulation methods are based on the rigid body assumption, and those assembly simulation methods considering deformation have a poor efficiency. This paper aims to propose a novel efficient and precise tolerance analysis method based on stable contact to improve the efficiency and reliability of assembly deformation simulation.

Design/methodology/approach

The proposed method comprehensively considers the initial rigid assembly state, the assembly deformation and the stability examination of assembly simulation to improve the reliability of tolerance analysis results. The assembly deformation of mating surfaces was first calculated based on the boundary element method with optimal initial assembly state, then the stability of assembly simulation results was assessed by the density-based spatial clustering of applications with noise algorithm to improve the reliability of tolerance analysis. Finally, combining the small displacement torsor theory, the tolerance scheme was statistically analyzed based on sufficient samples.

Findings

A case study of a guide rail model demonstrated the efficiency and effectiveness of the proposed method.

Research limitations/implications

The present study only considered the form error when generating the skin model shape, and the waviness and the roughness of the matching surface were not considered.

Originality/value

To the best of the authors’ knowledge, the proposed method is original in the assembly simulation considering stable contact, which can effectively ensure the reliability of the assembly simulation while taking into account the computational efficiency.

Details

Robotic Intelligence and Automation, vol. 44 no. 1
Type: Research Article
ISSN: 2754-6969

Keywords

Article
Publication date: 15 September 2023

Chen Jiang, Ekene Paul Odibelu and Guo Zhou

This paper aims to investigate the performance of two novel numerical methods, the face-based smoothed finite element method (FS-FEM) and the edge-based smoothed finite element…

Abstract

Purpose

This paper aims to investigate the performance of two novel numerical methods, the face-based smoothed finite element method (FS-FEM) and the edge-based smoothed finite element method (ES-FEM), which employ linear tetrahedral elements, for the purpose of strength assessment of a high-speed train hollow axle.

Design/methodology/approach

The calculation of stress for the wheelset, comprising an axle and two wheels, is facilitated through the application of the European axle strength design standard. This standard assists in the implementation of loading and boundary conditions and is exemplified by the typical CRH2 high-speed train wheelset. To evaluate the performance of these two methods, a hollow cylinder cantilever beam is first used as a benchmark to compare the present methods with other existing methods. Then, the strength analysis of a real wheelset model with a hollow axle is performed using different numerical methods.

Findings

The results of deflection and stress show that FS-FEM and ES-FEM offer higher accuracy and better convergence than FEM using linear tetrahedral elements. ES-FEM exhibits a superior performance to that of FS-FEM using linear tetrahedral elements, showing accuracy and convergence close to FEM using hexahedral elements.

Originality/value

This study channels the novel methods (FS-FEM and ES-FEM) in the static stress analysis of a railway wheelset. Based on the careful testing of FS-FEM and ES-FEM, both methods hold promise as more efficient tools for the strength analysis of complex railway structures.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Open Access
Article
Publication date: 4 April 2023

Matteo Podrecca and Marco Sartor

The aim of this paper is to present the first diffusion analysis of ISO/IEC 27001, the fourth most popular ISO certification at global level and the most important standard for…

1221

Abstract

Purpose

The aim of this paper is to present the first diffusion analysis of ISO/IEC 27001, the fourth most popular ISO certification at global level and the most important standard for information security.

Design/methodology/approach

To achieve the purposes, the authors applied Grey Models (GM) – Even GM (1,1), Even GM (1,1,α,θ), Discrete GM (1,1), Discrete GM (1,1,α) – complemented by the relative growth rate and the doubling time indexes on the six most important countries in terms of issued certificates.

Findings

Results show that a growing trend is likely to be expected in the years to come and that China will lead at country level.

Originality/value

The study contributes to the scientific debate by presenting the first diffusive analysis of ISO/IEC 27001 and by proposing a forecasting approach that to date has found little application in the field of international standards.

Abstract

Purpose

In this paper, the authors study the nonlinear matrix equation Xp=Q±A(X-1+B)-1AT, that occurs in many applications such as in filtering, network systems, optimal control and control theory.

Design/methodology/approach

The authors present some theoretical results for the existence of the solution of this nonlinear matrix equation. Then the authors propose two iterative schemes without inversion to find the solution to the nonlinear matrix equation based on Newton's method and fixed-point iteration. Also the authors show that the proposed iterative schemes converge to the solution of the nonlinear matrix equation, under situations.

Findings

The efficiency indices of the proposed schemes are presented, and since the initial guesses of the proposed iterative schemes have a high cost, the authors reduce their cost by changing them. Therefore, compared to the previous scheme, the proposed schemes have superior efficiency indices.

Originality/value

Finally, the accuracy and effectiveness of the proposed schemes in comparison to an existing scheme are demonstrated by various numerical examples. Moreover, as an application, by using the proposed schemes, the authors can get the optimal controller state feedback of $x(t+1) = A x(t) + C v(t)$.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 4 September 2023

Xuanzhi Li, Suduo Xue, Xiongyan Li, Guanchen Liu and Renjie Liu

Instantaneous unloading with equal force is usually used to simulate the sudden failure of cables. This simulation method with equivalent force requires obtaining the magnitude…

Abstract

Purpose

Instantaneous unloading with equal force is usually used to simulate the sudden failure of cables. This simulation method with equivalent force requires obtaining the magnitude and direction of the force for the failed cable in the normal state. It is difficult, however, to determine the magnitude or direction of the equivalent force when the shape of the cable is complex (space curve). This model of equivalent force may be difficult to establish. Thus, a numerical simulation method, the instantaneous temperature rise method, was proposed to address the dynamic response caused by failures of the cables with complex structural form.

Design/methodology/approach

This method can instantly reduce the cable force to zero through the instantaneous temperature rise process of the cable. Combined with theoretical formula and finite element model, the numerical calculation principle and two key parameters (temperature rise value and temperature rise time) of this method were detailed. The validity of this approach was verified by comparing it with equivalent force models. Two cable-net case with saddle curved surfaces were presented. Their static failure behaviors were compared with the dynamic failure behaviors calculated by this method.

Findings

This simulation method can effectively address the structural dynamic response caused by cable failure and may be applied to all cable structures.

Originality/value

An instantaneous temperature rise method (ITRM) is proposed and verified. Its calculation theory is detailed. Two key parameters, temperature rise value and temperature rise time, of this method are discussed and the corresponding reference values are recommended.

Details

Engineering Computations, vol. 40 no. 9/10
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 19 July 2022

Xuejiao Zhang, Yu Yang and Jing Wang

This paper aims to develop a dynamic two-sided stable matching method based on preference information of the matching objects in uncertain environments, so as to solve the…

Abstract

Purpose

This paper aims to develop a dynamic two-sided stable matching method based on preference information of the matching objects in uncertain environments, so as to solve the matching problem of cloud manufacturing tasks and services with load balancing.

Design/methodology/approach

For dynamic two-sided matching, due to the complexity of social environment and the limitation of human cognition, hesitation and fuzziness always exist in the process of multi-criteria assessment. First, in order to obtain the accurate preference information of each matching object, uncertain linguistic variables, uncertain preference ordinal and incomplete complementary matrices are used to evaluate multi-criteria preference information. This process is undertaken by considering the probability of each possible matching pair. Second, the preference information at different times is integrated by using the time-series weight to obtain the comprehensive satisfaction degree matrices of the matching objects. Further, the load adjustment parameter is used to increase the satisfaction degree of the matching objects. Afterward, a dynamic two-sided stable matching optimization model is constructed by considering stable matching conditions. The model aims to maximize the satisfaction degree and minimizes the difference in the satisfaction degree of matching objects. The optimal stable matching results can be obtained by solving the optimization model. Finally, a numerical example and comparative analysis are presented to demonstrate the characteristics of the proposed method.

Findings

Uncertain linguistic variables, uncertain preference orders and incomplete complementary matrices are used to describe multi-criteria preference information of the matching objects in uncertain environments. A dynamic two-sided stable matching method is proposed, based on which a DTSMDM (dynamic two-sided matching decision-making) model of cloud manufacturing with load balancing can be constructed. The study proved that the authors can use the proposed method to obtain stable matching pairs and higher matching objective value through comparative analysis and the sensitivity analysis.

Originality/value

A new method for the two-sided matching decision-making problem of cloud manufacturing with load balancing is proposed in this paper, which allows the matching objects to elicit language evaluation under uncertain environment more flexibly to implement dynamic two-sided matching based on preference information at different times. This method is suitable for dealing with a variety of TSMDM (two-sided matching decision-making) problems.

Details

Kybernetes, vol. 52 no. 11
Type: Research Article
ISSN: 0368-492X

Keywords

Access

Year

Last 6 months (4556)

Content type

Article (4556)
1 – 10 of over 4000