• Title/Summary/Keyword: impact instance

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The Impact of Nonconforming Items on (s, S) Inventory Model with Customer Order Reservation and Cancellation

  • Takemoto, Yasuhiko;Arizono, Ikuo
    • Industrial Engineering and Management Systems
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    • v.8 no.2
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    • pp.72-79
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    • 2009
  • The ultimate goal of inventory management is to decide the timing and the quantity of ordering in response to uncertain demands. Recently, some researchers have focused upon an impact of distortions in the information, e.g., customer order cancellation, on an economical inventory policy. The customer order cancellation is considered a kind of distortions in demands, because a demand that is eventually cancelled is equivalent to a phony demand. Also, there are some additional distortions in the inventory information. For instance, the procurement of suppliers may include some nonconforming items as a result of imperfect production and inspection by the suppliers, and/or damage in transit. The nonconforming item should be considered a kind of distortions in the inventory information, because the nonconforming item is equivalent to a phony stock. In this article, we consider an inventory model under the situation that customers can cancel their orders and the procurement of suppliers may include some nonconforming items. Then, we introduce the customer order reservation into the inventory model for the purpose of avoiding the costly backlogs, because the customer order reservation gives retailers a period to fulfill customer's requests. We formulate a periodic review (s, S) inventory model and investigate the economical operation under the situation mentioned above. Further, through the sensitivity analysis, we show the impact of these distortions and the effect of the customer order reservation on the inventory policy.

The Impact of Geopolitical Risk on Financial Conditions of Emerging Economies

  • BAJAJ, Namarta Kumari;AZIZ, Tariq;KUMARI, Sonia;ALENEZI, Marim;MATHKUR, Naif Mansour
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.133-143
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    • 2023
  • The detrimental impacts of financial instability on the world economy during the financial crisis highlighted the requirement to understand the existing financial circumstances. Stability and developments in financial conditions are important for economic prosperity. This study analyses the impact of geopolitical risk on the economic conditions of some specific emerging economies using monthly data from January 1999 to September 2016 by applying a fixed-effects panel data model. The estimation results demonstrated that geopolitical risk has a significant, negative impact on financial conditions. It shows geopolitical risk could be seen as a key factor that contributes towards financial conditions. Further, it implies that negative shocks of high geopolitical risk experienced by emerging economies are one of the primary reasons for the financial conditions' deterioration. The findings provide important insights for governments, policymakers, and investors. For instance, governments and politicians should refrain from expressing or producing tension, economic discomfort, or news that is likely to increase a high geopolitical risk. Maintaining a close eye on geopolitical risk and its sources may also help to stabilize financial conditions and develop a well-functioning financial system. As a result, investors would be better informed about an economy's economic and financial conditions, allowing them to diversify their international portfolios and devise investing strategies during uncertain economic times.

Performance of ZF Precoder in Downlink Massive MIMO with Non-Uniform User Distribution

  • Kong, Chuili;Zhong, Caijun;Zhang, Zhaoyang
    • Journal of Communications and Networks
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    • v.18 no.5
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    • pp.688-698
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    • 2016
  • In this paper, we investigate the achievable sum rate and energy efficiency of downlink massive multiple-input multiple-output antenna systems with zero-forcing precoding, by taking into account the randomness of user locations. Specifically, we propose two types of non-uniform user distributions, namely, center-intensive user distribution and edge-intensive user distribution. Based on these user distributions, we derive novel tight lower and upper bounds on the average sum rate. In addition, the impact of user distributions on the optimal number of users maximizing the sum rate is characterized. Moreover, by adopting a realistic power consumption model which accounts for the transmit power, circuit power and signal processing power, the energy efficiency of the system is studied. In particular, closed-form solutions for the key system parameters, such as the number of antennas and the optimal transmit signal-to-noise ratio maximizing the energy efficiency, are obtained. The findings of the paper suggest that user distribution has a significant impact on the system performance: for instance, the highest average sum rate is achieved with the center-intensive user distribution, while the lowest average sum rate is obtained with the edge-intensive user distribution. Also, more users can be served with the center-intensive user distribution.

Experimental assessment of slamming coefficients for subsea equipment installations

  • de Oliveira, Allan C;Pestana, Rafael G
    • Ocean Systems Engineering
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    • v.10 no.2
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    • pp.163-179
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    • 2020
  • Considering the huge demand of several types of subsea equipment, as Christmas Trees, PLEMs (Pipeline End Manifolds), PLETs (Pipeline End Terminations) and manifolds for instance, a critical phase is its installation, especially when the equipment goes down through the water, crossing the splash zone. In this phase, the equipment is subject to slamming loads, which can induce impulsive loads in the installation wires and lead to their rupture. Slamming loads assessment formulation can be found in many references, like the Recommended Practice RP-N103 from DNV-GL (2011), a useful guide to evaluate installation loads. Regarding to the slamming loads, RP-N103 adopt some simplifying assumptions, as considering small dimensions for the equipment in relation to wave length, in order to estimate the slamming coefficient CS used in load estimation. In this article, an experimental investigation based on typical subsea structure dimensions was performed to assess the slamming coefficient evaluation, considering a more specific scenario in terms of application, and some reduction of the slamming coefficient is achieved for higher velocities, with positive impact on operability.

A Study on the Estimation of Economic Consequence of Severe Accident

  • Hong, Dae-Seok;Lee, Kun-Jai;Jeong, Jong-Tae
    • Proceedings of the Korean Nuclear Society Conference
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    • 1996.11a
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    • pp.409-414
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    • 1996
  • A model to estimate economic consequence of severe accident provides some measure of the impact on the accident and enables to know the different effects of the accident described as same terms of cost and combined as necessary. Techniques to assess the consequences of accidents in terms of cost have many applications, for instance in examining countermeasure options, as part of either emergency planning or decision making after an accident. In this study, a model to estimate the accident economic consequence is developed appropriate to our country focused on PWR accident costs from a societal viewpoint. Societal costs are estimated by accounting for losses that directly affect the plant licensee, the public, the nuclear industry, or the electric utility industry after PWR accident.

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Suggestions on the Development of Standard Engineering Communication Phrases

  • Doo, Hyun-Wook;Choi, Seung-Hee
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2017.11a
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    • pp.34-35
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    • 2017
  • Under the STCW Convention, marine engineers are required to have a satisfactory level of maritime English proficiency so that they can successfully perform their duties on board or maintain and operate the various equipment and facilities installed in the ship. More specifically, the importance of the engineers' written communication skills has been highlighted since their documents (for instance, post-work records, legal, and/or internal reports) have a significant legal impact in the event of a marine casualty or maritime crime. To suggest the necessity of developing standard engineering logbook phrases (SELP), therefore, this paper will closely analyse three-month authentic marine engineers' work records written by Korean officers. From the analysis, the problems and errors in the logbook will be analysed, and considerations to be taken into account in the development of SELP will be illustrated. Finally, the future actions for this standardised written communication for the logbook entry will be sought.

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A Study of the Effects of Agent Activeness on Team Performance (행위자의 능동성이 팀 성과에 미치는 영향에 관한 연구)

  • 강민철
    • Journal of the Korean Operations Research and Management Science Society
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    • v.25 no.1
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    • pp.93-104
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    • 2000
  • Passive agents participate in team activities passively, that is, only upon requst, whereas active agents involve themselves voluntarily. Teams composed of active agents are generally believed to perform better than those with passive agents. In this paper, by using a computational simulation model we examine the effect of agent activeness on the efficiency of decision-making teams that access different amout of information. "Team-Soar" is a computational fraemwork that consists of a group of interconnected individual Al agents (i.e., Soar). A simulation experiment using Tearm-Soar was performed. Results of the simulation provide valuable insights on the roles of agent activeness. For example, the impact of having more active agents becomes more sigfniciant as the amout of information to process increases and when the team decision efficiency is important. Some of the results are counter-intultive and therefore provides an opportunity to understand the roles of the agnet activeness more deeply. For instance, the simulation results reveal that having more active agents did not always enhance team efficiency. Conclusively, the simulation experiment demonstrates how computational models contribute to the research of agents social characteristics.teristics.

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EVALUATING THE FEASIBILITY OF THE HIGHWAY ENGINEERING SCHEDULE USING SIMULATION TECHNIQUE

  • Liu Weijun;Yuan Jianbo;Zhang Jianren
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.897-901
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    • 2005
  • In the highway engineering, the performance, quantity and status of machines available for the project have direct impact on the project time. For instance, the status of machines, such as working or in trouble, have great influence on the activity execution. Therefore, while scheduling the project, the project manager always increases the spare machines or prolong the activity time to avoid delaying the project time when some of the machines are in trouble in construction site. However, how many are the spare machines and how long are the prolonged activity time, which are estimated subjectively by the manager. This subjective estimation has been criticized for systematically overestimating or underestimating quantity of the machines and the activity time. In the paper, we propose and prototype a model to simulate the status of the machines in construction site, and then to evaluate the schedule feasibility considering the performance, quantity and statues of the machines involved.

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Injection of Cultural-based Subjects into Stable Diffusion Image Generative Model

  • Amirah Alharbi;Reem Alluhibi;Maryam Saif;Nada Altalhi;Yara Alharthi
    • International Journal of Computer Science & Network Security
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    • v.24 no.2
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    • pp.1-14
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    • 2024
  • While text-to-image models have made remarkable progress in image synthesis, certain models, particularly generative diffusion models, have exhibited a noticeable bias to- wards generating images related to the culture of some developing countries. This paper introduces an empirical investigation aimed at mitigating the bias of image generative model. We achieve this by incorporating symbols representing Saudi culture into a stable diffusion model using the Dreambooth technique. CLIP score metric is used to assess the outcomes in this study. This paper also explores the impact of varying parameters for instance the quantity of training images and the learning rate. The findings reveal a substantial reduction in bias-related concerns and propose an innovative metric for evaluating cultural relevance.

Sex/gender differences in gastrointestinal endoscopy from the perspective of patients and gastroenterologists

  • Nayoung Kim
    • Clinical Endoscopy
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    • v.56 no.3
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    • pp.268-282
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    • 2023
  • The sex/gender of gastroenterologists impact patients' satisfaction, compliance, and clinical outcomes. For instance, female gastrointestinal (GI) endoscopist-patient gender concordance improves health-related outcomes. This finding suggests that it is important to increase the number of female GI endoscopists. While the number of women in the field of gastroenterology is increasing in the United States and Korea by over 28.3%, it is not enough to account for the gender preferences of female patients. GI endoscopists are at a high risk of endoscopy-related injuries. However, there is a different distribution of muscle and fat; male endoscopists are more affected in their back, while females are more affected in the upper extremities. Women are more susceptible to endoscopy-related injuries than men. There is a correlation between the number of colonoscopies performed and musculoskeletal pain. Job satisfaction is lower in young female gastroenterologists (30' and 40') than in the opposite gender and other ages. Thus, it is important to address these issues in the development of GI endoscopy.