Risk Analysis Commons^™

Modeling And Solving The Outsourcing Risk Management Problem In Multi-Echelon Supply Chains, Arian A. Nahangi

Master's Theses

Worldwide globalization has made supply chains more vulnerable to risk factors, increasing the associated costs of outsourcing goods. Outsourcing is highly beneficial for any company that values building upon its core competencies, but the emergence of the COVID-19 pandemic and other crises have exposed significant vulnerabilities within supply chains. These disruptions forced a shift in the production of goods from outsourcing to domestic methods.

This paper considers a multi-echelon supply chain model with global and domestic raw material suppliers, manufacturing plants, warehouses, and markets. All levels within the supply chain network are evaluated from a holistic perspective, calculating a total …

Prioritizing Facilities Linked To Corporate Strategic Objectives Using A Fuzzy Model, Devin Depalmer, Steven J. Schuldt, Justin D. Delorit

Faculty Publications

Excerpt: Limited facilities operating and modernization budgets require organizations to carefully identify, prioritize and authorize projects to ensure allocated resources align with strategic objectives. Traditional facility prioritization methods using risk matrices can be improved to increase granularity in categorization and avoid mathematical error or human cognitive biases. These limitations restrict the utility of prioritizations and if erroneously used to select projects for funding, they can lead to wasted resources. This paper aims to propose a novel facility prioritization methodology that corrects these assessment design and implementation issues.

Stock Markets Performance During A Pandemic: How Contagious Is Covid-19?, Yara Abushahba

Theses and Dissertations

Background and Motivation: The coronavirus (“COVID-19”) pandemic, the subsequent policies and lockdowns have unarguably led to an unprecedented fluid circumstance worldwide. The panic and fluctuations in the stock markets were unparalleled. It is inarguable that real-time availability of news and social media platforms like Twitter played a vital role in driving the investors’ sentiment during such global shock.

Purpose:The purpose of this thesis is to study how the investor sentiment in relation to COVID-19 pandemic influenced stock markets globally and how stock markets globally are integrated and contagious. We analyze COVID-19 sentiment through the Twitter posts and investigate its …

Diversifying Nuclear Technology: A Technical Analysis On Small Modular Reactors And Its Impact On Nuclear Energy Policy, Carolina Lugo Mejia, Marcos Lugo

Helm's School of Government Conference - 2021-2024

The energy policy debate in the United States has revolved around the diversification of energy sources while promoting advantageous economic profits. One drive for this has been the discussion of anthropogenic, environmental endangerment concerns (Vlassopoulous 2011, 104). However, despite the environmental concerns, the U.S. has for some time only relied on one type of energy source—fossil fuels. Fossil fuels are categorized as natural gas, coal, petroleum, and other gases responsible (U.S. Energy Administration 2019). Natural gas is responsible for 38.4%, coal for 23.4%, petroleum for 0.4%, and other gases for 0.3% of the U.S.’s electrical generation (U.S. Energy Administration 2019). …

Assessment Of Contract Terms And Conditions For Lump-Sum Contracts, Omar Othman

Theses and Dissertations

A Contract is a tool that defines the obligations of the contracting parties and assigns the risk between them. Contracts are usually drafted to meet the interests of the owner by addressing the legal issues and liabilities. Meanwhile, less emphasis is placed on clearly communicating the contract terms and ensuring that all contracting parties comprehend their risks and obligations. In a country like Egypt, which has faced drastic economic and political changes in the past few years, and yet is experiencing a boom in the construction sector, many developers tend to draft contracts that might be legally complicated or lacks …

The Great Equalizer Or A Modern Iteration Of Historical Inequality: Artificial Intelligence In Latin America, Santana Amaker

Honors Theses

In recent years, governments across Latin America have taken steps to foster the development and implementation of artificial intelligence causing an expansion of the use of AI in the region. For instance, countries like Colombia and Argentina are using AI in their judicial systems. Superficially, the allure of AI in the judicial system stems from the thought that AI is an impartial entity that will pass fair and unbiased judgement. However, just like the programmers responsible for creating AI, algorithms used in AI system can be biased. The reason being AI is often trained to make predictions or decisions based …

An Examination Of Grid Stability As It Relates To The Increased Integration Of Inverter-Based Resources, Daniel Voss

Electrical Engineering Undergraduate Honors Theses

There is currently a growing interest in increasing the amount of renewable energy resources connected to the bulk electric system (BES) that stems from various environmental, political, and social concerns. However, the differences between conventional generation resources and inverter-based resources (IBR)—namely wind and solar—pose new issues that make this increased integration a larger problem. In other studies, the increased penetration of renewable energy resources has resulted in weak-grid systems that are more susceptible to collapse. This comes as a result from the inability for IBRs to effectively provide enough reactive power, an effect especially apparent during fault conditions, which the …

Decision Making Within An Nfl Context Using Multiple Objective Decision Analysis, Lawson Porter

Industrial Engineering Undergraduate Honors Theses

The National Football League (NFL) is the most popular sports league in the world, with millions of viewers every game and billions of dollars generated every season. Statistics are an important part of an NFL team’s business operating model and contribute greatly towards their decision making. Every season, general managers try to sign players that give the team the highest probability of winning games throughout the year. There are many factors that go into this decision, including the amount of money the team has to spend and the value that available players can bring to a team. Teams must abide …

A Work Of Heart

DePaul Magazine

This article looks at the internship opportunities that DePaul students have available to kickstart their career through such programs as DePaul WORKS and INSuRE. Alumni in the museum, education and counseling, cybersecurity, law and public relations fields are interviewed.

Study Of Fragility Functions For Assessing Damage To Water Pipe Networks Caused By Earthquake Loading, Dylan Joseph Merlo

Master's Theses

The performance of water lifelines during seismic events is an area of ongoing research. In this study we evaluate eight (8) different seismic events and the impact that ground shaking and ground deformations had on water pipeline systems. The overall goal of this work is to provide municipalities and utility providers with tools for mitigating the consequences of seismic hazards on water lifeline systems by analyzing the accuracy of damage estimation models. Three (3) different repair rate models are evaluated using data collected from the seismic events and compared to observed repair rate data. Results are analyzed to examine the …

Cybersecurity Risk Assessment Using Graph Theoretical Anomaly Detection And Machine Learning, Goksel Kucukkaya

Engineering Management & Systems Engineering Theses & Dissertations

The cyber domain is a great business enabler providing many types of enterprises new opportunities such as scaling up services, obtaining customer insights, identifying end-user profiles, sharing data, and expanding to new communities. However, the cyber domain also comes with its own set of risks. Cybersecurity risk assessment helps enterprises explore these new opportunities and, at the same time, proportionately manage the risks by establishing cyber situational awareness and identifying potential consequences. Anomaly detection is a mechanism to enable situational awareness in the cyber domain. However, anomaly detection also requires one of the most extensive sets of data and features …

Review And Analysis Of Failure Detection And Prevention Techniques In It Infrastructure Monitoring, Deepali Arun Bhanage, Ambika Vishal Pawar, K Kotecha

Library Philosophy and Practice (e-journal)

Maintaining the health of IT infrastructure components for improved reliability and availability is a research and innovation topic for many years. Identification and handling of failures are crucial and challenging due to the complexity of IT infrastructure. System logs are the primary source of information to diagnose and fix failures.

In this work, we address three essential research dimensions about failures, such as the need for failure handling in IT infrastructure, understanding the contribution of system-generated log in failure detection and reactive & proactive approaches used to deal with failure situations.

This study performs a comprehensive analysis of existing literature …

Developing Infrastructure Adaptation Pathways To Combat Hurricane Intensification: A Coupled Storm Simulation And Economic Modeling Framework For Coastal Installations, Alexander J. Baldwin

Theses and Dissertations

Climate change projections suggest intensification of extreme weather events, including hurricanes, is expected throughout the 21st century. This will lead to increased destruction for coastal military bases unless infrastructure resiliency and adaptation measures are implemented. This research focuses on examining the simulation of probabilistic, climate-intensified hurricane events at Eglin Air Force Base. FEMA Hazus models are combined with climate projections for wind Intensity, tide, and sea-level rise to produce an assessment of losses to the installation. Damage estimates and hurricane intensity outputs are downscaled to the facility-level so that climate adaptation signals can be identified. The facility losses and climate …

Open-Field Scale-Model Experiments Of Fire Whirls Over L-Shaped Line Fires, Yuto Iga, Kazunori Kuwana, Kozo Sekimoto, Yuji Nakamura

Progress in Scale Modeling, an International Journal

This paper presents the results of open-field scale-model experiments of fire-whirl formation over line fires. L-shaped line fires were burned in crosswinds, and the processes of fire-whirl formation were observed. The flame height was measured using an image-processing technique, while two-dimensional velocity components were measured at two different locations using ultrasonic anemometers. Two tests were selected for comparison: test A, in which intense fire whirls repeatedly formed, and test B, in which no whirls were observed. In test A, the wind flow was bent by the fire plume, creating swirling flows near the burning area, thereby forming fire whirls. On …

Effect Of Reduced Plume Entrainment On The Burning Rate Of Porous Fuel Beds, Sara Mcallister

Progress in Scale Modeling, an International Journal

Large outdoor fires often exhibit unexpected fire behavior, particularly compared with much smaller fires. Understanding the difference between large- and small-scale fires is of importance for both fire behavior predictions and safety. Large fires are often characterized by very tall plumes that can extend to the stratosphere. Particularly as the actively burning area increases, plumes in large-scale fires likely entrain relatively little and may act in a similar fashion to a chimney. To explore the possible changes in burning rate due to the chimney effect, experiments were conducted with wood cribs burned with a chimney of variable height. The burning …

A Study On Fire Hazards Of Oil Tanks In Urban Areas With Scale Model Experiments, Ho Yin Ng, Yu Wan, Wan Ki Chow

Progress in Scale Modeling, an International Journal

Large fuel tanks are located in an urban area of Tsing Yi in Hong Kong, giving potentially high risks to people living nearby if a fire was to occur. Scale modeling experiments were carried out to investigate the potential of fire hazards. Propanol pool fires with five different scales of oil tanks were studied first. Appropriate tank sizes were then put in a 1/2500 architectural scale model on the Tsing Yi Island to study a fuel tank fire. Results show that the heat and smoke from a fire would affect occupants staying in areas near to the fuel tanks. Fire …

Risk Management Decision Making For Security And Trust In Hardware Supply Chains, Zachary A. Collier, Thomas L. Polmateer, James H. Lambert

CESUN Conference

Modern cyber-physical systems are enabled by electronic hardware and embedded systems. The security of these sub-components is a concern during the design and operational phases of cyber-physical system life cycles. Compromised electronics can result in mission-critical failures, unauthorized access, and other severe consequences. As systems become more complex and feature greater connectivity, system owners must make decisions regarding how to mitigate risks and ensure resilience and trust. This paper provides an overview of research efforts related to assessing and managing risks, resilience, and trust with an emphasis on electronic hardware and embedded systems. The research takes a decision-oriented perspective, drawing …

The Effects Of Customer Segmentation, Borrowers' Behaviours And Analytical Methods On The Performance Of Credit Scoring Models In The Agribusiness Sector, Daniela Lazo, Raffaella Calabrese, Cristian Bravo Roman

Statistical and Actuarial Sciences Publications

The main aim of this study is to analyse the joint effects of customer segmentation, borrowers' characteristics and modelling techniques on the classification accuracy of a scoring model for agribusinesses. To this end, we used data provided by a Chilean company on 161,163 loans from January 2007 to December 2013. We considered random forest, neural network and logistic regression models as analytical methods. Regarding the borrowers' profiles, we examined the effects of socio-demographic, repayment-behaviour, agribusiness-specific and credit-related variables. We also segmented the customers as individuals, SMEs and large holdings. As the segments show different risk behaviours, we obtained a better …

2020-2021 Annual Security And Fire Report - Sayre Campus, Southwestern Oklahoma State University

ANNUAL SECURITY & FIRE REPORTS

This is the 2020-2021 Annual Security and Fire Report of the Sayre Campus by Southwestern Oklahoma State University.

2020-2021 Annual Security And Fire Report - Weatherford Campus, Southwestern Oklahoma State University

ANNUAL SECURITY & FIRE REPORTS

This is the 2020-2021 Annual Security and Fire Report of the Sayre Campus by Southwestern Oklahoma State University.