• Title/Summary/Keyword: modelling methods

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Hierarchy of Shopping Experience at Indian Malls: A Conceptual Model using Interpretive Structural Modelling

  • Prashar, Sanjeev;Singh, Harvinder;Sarma, Pappu Raja Sekhara
    • Journal of Distribution Science
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    • v.14 no.2
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    • pp.5-12
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    • 2016
  • Purpose - The present study examines the interrelationship between various components constituting shopping experience in the context of the Indian shopping malls. Research design, data, and methodology - Extracting components of shopping experience from the literature review, the study used Interpretive Structural Modelling (ISM) to propose a conceptual model. The study adopted a mixed methods research involving theoretical constructs from past research, qualitative assessment of relationship between the constructs and imposing definite order and direction to qualitative relations based on mathematical computations. Results - Proposed model indicates that the five components of shopping experience (ambience, physical infrastructure, convenience, marketing focus and safety and security) do not converge directly into shopping experience. Rather, they operate following a hierarchy of influences in which marketing focus plays the role of the initiator. Conclusions - This model points at the order of preference of different components of shopping experience and can be a useful guide for retail industry, especially mall developers and supermarket/hypermarket, may use the findings in key decisions about development of physical infrastructure, which are based on marketing focus.

AI-Enabled Business Models and Innovations: A Systematic Literature Review

  • Taoer Yang;Aqsa;Rafaqat Kazmi;Karthik Rajashekaran
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.18 no.6
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    • pp.1518-1539
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    • 2024
  • Artificial intelligence-enabled business models aim to improve decision-making, operational efficiency, innovation, and productivity. The presented systematic literature review is conducted to highlight elucidating the utilization of artificial intelligence (AI) methods and techniques within AI-enabled businesses, the significance and functions of AI-enabled organizational models and frameworks, and the design parameters employed in academic research studies within the AI-enabled business domain. We reviewed 39 empirical studies that were published between 2010 and 2023. The studies that were chosen are classified based on the artificial intelligence business technique, empirical research design, and SLR search protocol criteria. According to the findings, machine learning and artificial intelligence were reported as popular methods used for business process modelling in 19% of the studies. Healthcare was the most experimented business domain used for empirical evaluation in 28% of the primary research. The most common reason for using artificial intelligence in businesses was to improve business intelligence. 51% of main studies claimed to have been carried out as experiments. 53% of the research followed experimental guidelines and were repeatable. For the design of business process modelling, eighteen AI mythology were discovered, as well as seven types of AI modelling goals and principles for organisations. For AI-enabled business models, safety, security, and privacy are key concerns in society. The growth of AI is influencing novel forms of business.

A GARCH-MIDAS approach to modelling stock returns

  • Ezekiel NN Nortey;Ruben Agbeli;Godwin Debrah;Theophilus Ansah-Narh;Edmund Fosu Agyemang
    • Communications for Statistical Applications and Methods
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    • v.31 no.5
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    • pp.535-556
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    • 2024
  • Measuring stock market volatility and its determinants is critical for stock market participants, as volatility spillover effects affect corporate performance. This study adopted a novel approach to analysing and implementing GARCH-MIDAS modelling methods. The classical GARCH as a benchmark and the univariate GARCH-MIDAS framework are the GARCH family models whose forecasting outcomes are examined. The outcome of GARCH-MIDAS analyses suggests that inflation, interest rate, exchange rate, and oil price are significant determinants of the volatility of the Johannesburg Stock Market All Share Index. While for Nigeria, the volatility reacts significantly to the exchange rate and oil price. Furthermore, inflation, exchange rate, interest rate, and oil price significantly influence Ghanaian equity volatility, especially for the long-term volatility component. The significant shock of the oil price and exchange rate to volatility is present in all three markets using the generalized autoregressive conditional heteroscedastic-mixed data sampling (GARCH-MIDAS) framework. The GARCH-MIDAS, with a powerful fusion of the GARCH model's volatility-capturing capabilities and the MIDAS approach's ability to handle mixed-frequency data, predicts the volatility for all variables better than the traditional GARCH framework. Incorporating these two techniques provides an innovative and comprehensive approach to modelling stock returns, making it an extremely useful tool for researchers, financial analysts, and investors.

Study on Analysis Method for Ship's Ferromagnetic Signature using Magnetic Mock-up Model (축소 모델을 이용한 함정 자기장 신호 해석 기법 연구)

  • Yang, Chang-Seob;Chung, Hyun-Ju
    • Journal of the Korea Institute of Military Science and Technology
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    • v.10 no.4
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    • pp.38-51
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    • 2007
  • This paper describes research results for the measurement and analysis method of magnetic signatures generated from the ship's magnetic mock-up model. In this paper, we present the theoretical and experimental techniques for the separation of the permanent and the induced magnetic field from the measured magnetic signature of the mock-up model. Also, we describe the prediction method of the induced magnetic field generated from mock-up model using the Magnet s/w, one of the FEM analysis tools for the electro-magnetic field and the magnetic dipole modelling method based on the least square techniques. The proposed modelling and analysis methods can be used for the prediction and the analysis of the static magnetic field generated from the real naval ship as well as the mock-up model.

Investigation of Concrete Flaw Using Seismic First Arrival (탄성파 초동주시를 이용한 콘크리트 구조물의 결함 탐지)

  • 서백수;장선웅;김석현;서정희
    • Tunnel and Underground Space
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    • v.11 no.2
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    • pp.120-121
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    • 2001
  • The purpose of this study is to investigate concrete flaw using seismic first arrival and various inversion method. Seismic wave propagation was calculated using finite element method in theoretical modelling and tomogram was made using various inversion methods in theoretical and experimental modelling. Five steps of seismic first arrival were selected from FEM results and these data were used to calculate seismic velocity section. According to the results, exact seismic first arrival picking method was proposed and experimental modelling was conducted.

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Modelling of flange-stud-slab interactions and numerical study on bottom-flange-bolted composite-beam connections

  • Xiaoxiang Wang;Yujie Yu;Lizhong Jiang;Zhiwu Yu
    • Steel and Composite Structures
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    • v.47 no.2
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    • pp.203-216
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    • 2023
  • The composite beam connections often encountered fracture failure in the welded bottom flange joint, and a bottom flange bolted connection has been proposed to increase the deformation ability of the bottom flange joint. The seismic performance of the bottom flange bolted composite beam connection was suffered from both the composite action of concrete slab and the asymmetric load transfer mechanisms between top and bottom beam flange joints. Thus, this paper presents a comprehensive numerical study on the working mechanism of the bottom flange bolted composite beam connections. Three available modelling methods and a new modelling method on the flange-stud-slab interactions were compared. The efficient numerical modeling method was selected and then applied to the parametric study. The influence of the composite slab, the bottom flange bolts, the shear composite ratio and the web hole shape on the seismic performance of the bottom flange bolted composite beam connections were investigated. A hogging strength calculation method was then proposed based on numerical results.

P2X Receptor 3D Structure Prediction Using Homology Modelling

  • Sruthy Sathish;Thirumurthy Madhavan
    • Journal of Integrative Natural Science
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    • v.16 no.1
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    • pp.39-45
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    • 2023
  • P2X receptors are ATP-activated ion channels in the plasma membrane. P2X receptors have a role in a diverse range of disorders, making them a valuable therapeutic target. Hence, the present investigation employed homology modelling of the P2X receptor based on the crystal structure of 5SVJ, 6AH4, 5YVE and 5SVL. Twenty models, using both single- and multiple template-based methods, were developed, and the best model was chosen based on the validation result. We observed that a strategy based on multiple templates provided greater accuracy. Future studies involving binding site and docking analysis can make use of the produced structures.

Setting the New Trends for BIM in Construction: Productivity, Performance, Competitiveness, and Innovation

  • Wang, Xiangyu;Moon, Sungkon
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.21-22
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    • 2015
  • Productivity has been a wide-ranging challenge for the construction industry, both in Australia and globally. Particularly in Western Australia's construction and resources sectors, continuously low productivity will potentially discourage future investments. The emergence of the global marketplace necessitates that the supply chain needs to focus on the concept of the holistic efficiency. The isolated geographical position of Australia only exacerbates this phenomenon. In recent years, Building Information Modelling (BIM) has been suggested as an efficient way to help productivity improve and information management throughout supply chains. This keynote talk will focus on discussing ways of implementing BIM to enhance site productivity focusing on Western Australia's construction projects. It will show new trends of its applications to accomplish an innovative way in construction project management. The talk will also give an insightful summary of integrated methods with state-of-the-art technologies backboned by the BIM cases from construction and oil and gas industry projects.

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Explosion Modelling for Crack Propagation near Blast holes in Rock Plate (암석판재에서 발파공 부근 균열전파에 대한 폭원모델링)

  • Choi, Byung-Hee;Kang, Myoung-Soo;Ryu, Chang-Ha;Kim, Jae-Woong
    • Explosives and Blasting
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    • v.33 no.1
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    • pp.13-20
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    • 2015
  • Recently, as the demand for development and utilization of underground space is increasing worldwide, the blast damaged zone has become a major issue in constructing underground structures. In this study, numerical analyses were performed for modelling a small-scale blasting of rock plates using PFC3D and ANSYS LS-DYNA. In order to verify the analysis results, several test blasts were conducted. It is concluded from the study that the numerical modelling methods well simulate the crack propagation procedure near blast holes under given conditions.

A practical modelling design of 3 phase induction motors for configuring engine room simulators (기관실 시뮬레이터 제작을 위한 3상유도전동기의 실용적 모델링 설계)

  • Choi, Soon-Man
    • Journal of Advanced Marine Engineering and Technology
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    • v.34 no.6
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    • pp.887-893
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    • 2010
  • Modelling methods of 3 phase induction motors dependant on a lot of parameters give much drawbacks and difficulties when making engine room simulators due to computation burden and the time required for acquiring detailed technical data corresponding to actual induction motors. This paper suggests a practical method by a equivalent circuit with minimized parameters and some formulas to configure induction motors which requires only data on the name plates of motors, while it revealed satisfactory modelling performances on the resultant curves which are plotted for the torque, load current and power consume according to slip variation.