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Real Options Modeling And Valuation Of Price Adjustment Flexibility With An Application To The Leasing Industry, Ahmed A. A. al sharif 2013 Missouri University of Science and Technology

Real Options Modeling And Valuation Of Price Adjustment Flexibility With An Application To The Leasing Industry, Ahmed A. A. Al Sharif

Doctoral Dissertations

"Uncertainty poses not only threats but also opportunities. This study sought to build the scientific foundation for introducing a real options (ROs) methodology for price risk management to the leasing industry. A price risk management that allows for both coping with threats and taking advantage of opportunities. In the leasing industry, fixed rate long-term lease contracts help contract parties stabilize cash flows within volatile markets. The contract's term, however, may be extended long enough that prevent capturing the opportunities of gaining greater profits or reducing expenses. Therefore, the flexibility that enables participants to take advantage of favorable market price is …


A Comparison Of American And Asian Automakers' Vehicles In Quality, Reliability, And Safety, Ozge Senoz 2013 Missouri University of Science and Technology

A Comparison Of American And Asian Automakers' Vehicles In Quality, Reliability, And Safety, Ozge Senoz

Doctoral Dissertations

"Consumer Reports (CR) and J.D. Power and Associates (JDP) are two widely-known agencies that gather data on automobile quality and prepare reports on the data gathered that are related to various aspects of automobiles for different models for each manufacturer. This research has two overarching goals: The first is to determine if there are any clear differences in reliability, between the Japanese and U.S. auto-makers. The second is to determine if there is consistency between JDP and CR in the reliability ratings of vehicles. In order to attain these goals, this dissertation starts with the evaluation of these two major …


Development Of An Integrative Commissioning Methodology For New-Building Construction, William L. Gillis III 2013 Missouri University of Science and Technology

Development Of An Integrative Commissioning Methodology For New-Building Construction, William L. Gillis Iii

Doctoral Dissertations

"Commissioning (Cx) is a quality process for building construction used to verify that the owner's project requirements (OPR) are being met by the final design, construction, and operations and maintenance. The goal is to confirm that each phase of the project is linked back to the OPR through quality assurance methods. Leadership in Energy and Environmental Design (LEED) certification is an OPR which contributes to difficulties within the design and construction (D&C) process. Though LEED certification is only part of the OPR, too often the design drifts from the OPR and simply focuses on meeting the LEED certification.

Quality function …


An Intuitive Design Pattern For Sequentially Estimating Parameters Of A 2k Factorial Experiment With Active Confounding Avoidance And Least Treatment Combinations, H.-S. Jacob Tsao, Minnie Patel 2013 San Jose State University

An Intuitive Design Pattern For Sequentially Estimating Parameters Of A 2k Factorial Experiment With Active Confounding Avoidance And Least Treatment Combinations, H.-S. Jacob Tsao, Minnie Patel

Faculty Publications

2k Full factorial designs may be prohibitively expensive when the number of factors k is large. The most popular technique developed to reduce the number of treatment combinations is the fractional factorial design; confounding in estimating the model parameters naturally results in various resolution and aberration levels. While very useful, these resolution levels may not satisfy experimenters’ requirements for estimatibility and cost reduction. For example, while Resolution V ensures a common requirement that no two-factor interactions are confounded, it also imposes an often undesired restriction that a main effect cannot be confounded with a three-factor interaction, which may very well …


Supply Chain Optimization Of Blood Products, Serkan Gunpinar 2013 University of South Florida

Supply Chain Optimization Of Blood Products, Serkan Gunpinar

USF Tampa Graduate Theses and Dissertations

Major challenges in the management of blood supply chain are related to the shortage and wastage of the blood products. Given the perishability characteristics of blood which can be stored up to a limited number of days, if hospitals and blood centers keep an excessive number of blood units on inventory, wastages may occur. On the other hand, if sufficient number of blood units are not stored on inventory, shortages of this resource may cause the cancellations of important activities and increase the fatality rates at hospitals. Three mathematical models have been developed with the goal to improve the efficiency …


Classification Models In Clinical Decision Making, Eleazar Gil-Herrera 2013 University of South Florida

Classification Models In Clinical Decision Making, Eleazar Gil-Herrera

USF Tampa Graduate Theses and Dissertations

In this dissertation, we present a collection of manuscripts describing the development of prognostic models designed to assist clinical decision making. This work is motivated by limitations of commonly used techniques to produce accessible prognostic models with easily interpretable and clinically credible results. Such limitations hinder prognostic model widespread utilization in medical practice.

Our methodology is based on Rough Set Theory (RST) as a mathematical tool for clinical data anal- ysis. We focus on developing rule-based prognostic models for end-of life care decision making in an effort to improve the hospice referral process. The development of the prognostic models is …


Decision Support For Assorted Populations In Uncertain And Congested Environments, Pradeep Reddy VARAKANTHAM, Asrar Ahmed, Shih-Fen CHENG 2013 Singapore Management University

Decision Support For Assorted Populations In Uncertain And Congested Environments, Pradeep Reddy Varakantham, Asrar Ahmed, Shih-Fen Cheng

Research Collection School Of Computing and Information Systems

This research is motivated by large scale problems in urban transportation and labor mobility where there is congestion for resources and uncertainty in movement. In such domains, even though the individual agents do not have an identity of their own and do not explicitly interact with other agents, they effect other agents. While there has been much research in handling such implicit effects, it has primarily assumed deterministic movements of agents. We address the issue of decision support for individual agents that are identical and have involuntary movements in dynamic environments. For instance, in a taxi fleet serving a city, …


Automated Parameter Tuning Framework For Heterogeneous And Large Instances: Case Study In Quadratic Assignment Problem, Linda LINDAWATI, Zhi Yuan, Hoong Chuin LAU, Feida ZHU 2013 Singapore Management University

Automated Parameter Tuning Framework For Heterogeneous And Large Instances: Case Study In Quadratic Assignment Problem, Linda Lindawati, Zhi Yuan, Hoong Chuin Lau, Feida Zhu

Research Collection School Of Computing and Information Systems

This paper is concerned with automated tuning of parameters of algorithms to handle heterogeneous and large instances. We propose an automated parameter tuning framework with the capability to provide instance-specific parameter configurations. We report preliminary results on the Quadratic Assignment Problem (QAP) and show that our framework provides a significant improvement on solutions qualities with much smaller tuning computational time.


Regret Based Robust Solutions For Uncertain Markov Decision Processes, Asrar AHMED, Pradeep Reddy VARAKANTHAM, Yossiri Adulyasak, Patrick Jaillet 2013 Singapore Management University

Regret Based Robust Solutions For Uncertain Markov Decision Processes, Asrar Ahmed, Pradeep Reddy Varakantham, Yossiri Adulyasak, Patrick Jaillet

Research Collection School Of Computing and Information Systems

In this paper, we seek robust policies for uncertain Markov Decision Processes (MDPs). Most robust optimization approaches for these problems have focussed on the computation of maximin policies which maximize the value corresponding to the worst realization of the uncertainty. Recent work has proposed minimax regret as a suitable alternative to the maximin objective for robust optimization. However, existing algorithms for handling minimax regret are restricted to models with uncertainty over rewards only. We provide algorithms that employ sampling to improve across multiple dimensions: (a) Handle uncertainties over both transition and reward models; (b) Dependence of model uncertainties across state, …


A Building Energy Efficiency Optimization Method By Evaluating The Effective Thermal Zones Occupancy, Anna Laura Pisello, Michael Bobker, Franco Cotana 2012 University of Perugia

A Building Energy Efficiency Optimization Method By Evaluating The Effective Thermal Zones Occupancy, Anna Laura Pisello, Michael Bobker, Franco Cotana

Publications and Research

Building energy efficiency is strongly linked to the operations and control systems, together with the integrated performance of passive and active systems. In new high quality buildings in particular, where these two latter aspects have been already implemented at the design stage, users’ perspective, obtained through post-occupancy assessment, has to be considered to reduce whole energy requirement during service life. This research presents an innovative and low-cost methodology to reduce buildings’ energy requirements through post-occupancy assessment and optimization of energy operations using effective users’ attitudes and requirements as feedback. As a meaningful example, the proposed method is applied to a …


An Automated Forward Operating Base Electrical Distribution System Simulator, Onur Kahveci, Mariesa L. Crow, Steven Corns 2012 Missouri University of Science and Technology

An Automated Forward Operating Base Electrical Distribution System Simulator, Onur Kahveci, Mariesa L. Crow, Steven Corns

Electrical and Computer Engineering Faculty Research & Creative Works

In this paper, an automated forward operating base electrical distribution system simulator (ODCC) is developed. the ODCC has been developed based on the open platform distribution system simulator (DSS) that is able to create variable models of electrical systems and performing many types of analysis. © 2012 IEEE.


College Of Engineering Senior Design Competition Fall 2012, University of Nevada, Las Vegas 2012 University of Nevada, Las Vegas

College Of Engineering Senior Design Competition Fall 2012, University Of Nevada, Las Vegas

Fred and Harriet Cox Senior Design Competition Projects

Senior Design Experience

Part of every UNLV engineering student's academic experience, the Senior Design project stimulates engineering innovation and entrepreneurship. Each student in their senior year chooses, plans, designs and prototypes a product in this required element of the curriculum. Working in teams, the senior design project encourages students to use everything learned in the engineering and computer design programs to create a practical, real world solution to an engineering challenge.

Beyond the classroom ...

Because of the requirement to work in teams, students also build good communication skills, presentation skills and even business writing skills. They also have to …


Strider: Manufacturing Processes, Michael Warren-Angelucci 2012 California Polytechnic State University - San Luis Obispo

Strider: Manufacturing Processes, Michael Warren-Angelucci

Industrial and Manufacturing Engineering

The goal of the Strider Project is to create a mobility device that can support a person with weakened leg strength and enable them to be supported and maintain a standing position. A prototype of the Strider was created by three Mechanical Engineering students as their senior project. The topic of this senior project was to analyze and create a manufacturing process for the manufacture of the Strider that will be ergonomic and cost effective.

There were many things that needed to be accomplished in order to create the manufacturing process. The first step was to verify that the prototype …


Applications Of Cobb-Douglas Production Function In Construction Time-Cost Analysis, Ashkan Hassani 2012 University of Nebraska-Lincoln

Applications Of Cobb-Douglas Production Function In Construction Time-Cost Analysis, Ashkan Hassani

Department of Construction Engineering and Management: Dissertations, Theses, and Student Research

Cobb-Douglas Production Function was widely used in economics and productivity studies across many sectors. The function’s quantitative modeling of resource inputs and production outputs is appealing to the research domain of construction management. In this thesis we explored this function’s application in construction schedule crashing and project risk analysis related to duration of construction projects. Existing research on construction time-cost tradeoff issues rarely explore the origin of the crashing cost which is defined as the cost needed to shorten the project to the desired duration. In the existing literature crashing cost function was either assumed without much justification, or came …


Three-Dimensional Indoor Rfid Localization System, Jiaqing Wu 2012 University of Nebraska-Lincoln

Three-Dimensional Indoor Rfid Localization System, Jiaqing Wu

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

Radio Frequency Identification (RFID) is an information exchange technology based on radio waves communication. It is also a possible solution to indoor localization. Due to multipath propagation and anisotropic interference in the indoor environment, theoretical propagation models are generally not sufficient for RFID-based localization. In fact, the radio frequency (RF) signal distribution may not even be monotonic and this makes range-based localization algorithms less accurate. On the other hand, range free localization algorithms, such as k Nearest-Neighbor (kNN), require reference tags to be spread throughout the whole three-dimensional (3D) space which is simply not practical. In this work, a hybrid …


Acuta Enews December 2012 Vol. 41, No. 12, 2012 University of Nebraska - Lincoln

Acuta Enews December 2012 Vol. 41, No. 12

ACUTA Newsletters

In this issue...

Strategic Planning & Tampa in January

ACUTA Is Looking for a Few Good Coordinators

Wi-Fi Goes Gigabit-802.11 ac

Info Links

Preparing the Workplace for "Deep Diversity"

Get Your Logos Here!

Webinar: Universal Service & Royalty Payments Due

Using Social Media to Connect

Thanks to Our 2012 Exhibitors

Number 10 on a List of 10 Hard Things IT Must Learn to Accepts

Welcome New Members

Check It Out


Machining Stability Of Wire Edm Of Titanium, Farnaz Nourbakhsh 2012 University of Nebraska-Lincoln

Machining Stability Of Wire Edm Of Titanium, Farnaz Nourbakhsh

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

This work presents an experimental investigation of wire electro-discharge machining (WEDM) of titanium alloy. The outstanding characteristics of titanium alloys such as their compatibility and noticeable physical, mechanical and biological performances has led to increased application of them in various industries especially in biomedical industries over the last 50 years. However, due to low thermal conductivity of titanium and its alloys and their reactivity with cobalt in most tool materials, there are some difficulties in machining titanium and its alloys by conventional machining. On the other hand, unconventional machining processes especially Wire Electrical Discharge Machining (WEDM) are more appropriate techniques …


A Simulation-Based Decision Support System To Model Complex Demand Driven Heathcare Facilities, Amr Arisha, Michael Thorwarth 2012 Technological University Dublin

A Simulation-Based Decision Support System To Model Complex Demand Driven Heathcare Facilities, Amr Arisha, Michael Thorwarth

Conference papers

Simulating healthcare processes is a sophisticated endeavor. Treatment processes and patient arrival patterns differ significantly in their statistical attributes and implicate a high degree of variability. In addition, there are several types of interconnected processes of medical staff involved that accompany a patient’s journey through the healthcare facility. Replicating this behavior with process flow models in a discrete event simulation model is highly complex and therefore difficult to create while maintaining a high degree of precision. A framework is thus introduced which delivers an algorithm that allows to implement Multiple Participant Pathway Modeling (MPPM) under the consideration of Flexible Resource …


Multi-Citeria Framework For An Emergency Department In An Irish Hospital, Waleed Abo Hamad, Amr Arisha 2012 Technological University Dublin

Multi-Citeria Framework For An Emergency Department In An Irish Hospital, Waleed Abo Hamad, Amr Arisha

Conference papers

Health research is one of these priorities in every economy and through this research an emphasis will be put on translational research in the context of more sustainable and efficient healthcare system (translation of operations management practices to clinical applications). Healthcare systems in general and Emergency Departments in particular around the world are facing enormous challenges in meeting the increasingly conflicting objectives of providing wide accessibility and efficiency while delivering high quality and prompt services. The proposed framework integrates simulation modeling, balanced scorecard, and multi-criteria decision analysis aiming to provide a decision support system to emergency department managers. Simulation outputs …


Modeling System Of Systems Acquisition, Nil Kilicay-Ergin, Paulette Acheson, John Colombi, Cihan H. Dagli 2012 Missouri University of Science and Technology

Modeling System Of Systems Acquisition, Nil Kilicay-Ergin, Paulette Acheson, John Colombi, Cihan H. Dagli

Engineering Management and Systems Engineering Faculty Research & Creative Works

System of systems (SoS) acquisition is a dynamic process of integrating independent systems. This paper describes modeling of the SoS acquisition environment based on the Wave Process Model. Agent-Based modeling methodology is utilized to abstract behavioral aspects of the acquisition process. © 2012 IEEE.


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