Business Commons^™

Designing The Market Game For A Commodity Trading Simulation, Shih-Fen Cheng

Research Collection School Of Computing and Information Systems

In this paper, we propose to design a market game that (a) can be used in modeling and studying commodity trading scenarios, and (b) can be used in capturing human traders' behaviors. Specifically, we demonstrate the usefulness of this commodity trading game in a single-commodity futures trading scenario. A pilot experiment was run with a mixture of human traders and an autonomous agent that emulates the aggregatedmarket condition, with the assumption that this autonomous agent would hint each of its action through a public announcement. We show that the information collected from this simulation can be used to extract the …

Multi-Period Combinatorial Auction Mechanism For Distributed Resource Allocation And Scheduling, Hoong Chuin Lau, Shih-Fen Cheng, Thin Yin Leong, Jong Han Park, Zhengyi Zhao

Research Collection School Of Computing and Information Systems

We consider the problem of resource allocation and scheduling where information and decisions are decentralized, and our goal is to propose a market mechanism that allows resources from a central resource pool to be allocated to distributed decision makers (agents) that seek to optimize their respective scheduling goals. We propose a generic combinatorial auction mechanism that allows agents to competitively bid for the resources needed in a multi-period setting, regardless of the respective scheduling problem faced by the agent, and show how agents can design optimal bidding strategies to respond to price adjustment strategies from the auctioneer. We apply our …

The Price Of Stability In Selfish Scheduling Games, Lucas Agussurja, Hoong Chuin Lau

Research Collection School Of Computing and Information Systems

Game theory has gained popularity as an approach to analysing and understanding distributed systems with selfinterested agents. Central to game theory is the concept of Nash equilibrium as a stable state (solution) of the system, which comes with a price - the loss in efficiency. The quantification of the efficiency loss is one of the main research concerns. In this paper, we study the quality and computational characteristic of the best Nash equilibrium in two selfish scheduling models: the congestion model and the sequencing model. In particular, we present the following results: (1) In the congestion model: first, the best …

Santa Clara Magazine, Volume 49 Number 2, Fall 2007, Santa Clara University

Santa Clara Magazine

14 - A DAY IN THE LIFE OF THE PRESIDENT By Ron Hansen. Set your alarm clock early-then get up and follow Paul Locatelli, S.J., through a day of leading the University and serving as pastor, professor, mayor, and CEO.

22 - BUILT BY IMMIGRANTS By Gerald McKevitt, S.J. How Italian Jesuits helped shape the American West, from religious devotions to curriculum to pasta.

28 - YOU ARE HERE By Sarah Stanek. SCU students and faculty collaborate on a groundbreaking project documenting early life at Mission Santa Clara-and the result is a book that's the first of its kind for …

Semester Project For Engineering Management, Paul Savory

Department of Industrial and Management Systems Engineering: Instructional Materials

This is the semester-project for my IMSE 405/805 course on Engineering Management at the University of Nebraska-Lincoln. This team-based project required students to develop an operational plan (facility layout, required staffing, company operating policies, company benefits program) for a specified product.

Ict And Innovation Processes In Small Italian Logistics Companies, Edward Sweeney

Conference papers

No abstract provided.

Perceptions Of Age Discrimination, Organizational Justice, And Employee Attitudes On Intentions To Leave In The Engineering Industry, Courtney L. Bibby

Graduate Student Dissertations, Theses, Capstones, and Portfolios

The U.S. Department of Labor, Bureau of Labor Statistics (2006) reported that the annual turnover rate for employees of U.S. firms rose to 41% in 2005. Employee intentions to leave among young adults are a concern in many industries where the demand for skilled employees begins to exceed the supply. This is especially true in the engineering industry, because talented and knowledgeable employees are difficult to replace.

Employee turnover represents a practical dilemma for many businesses due to the loss of qualified personnel and additional recruitment and training costs. Although little is known about employee turnover intention within the engineering …

Radical Impact Of Change In Actions And Confidence Index On Reverse Decision Making An Application Based Study, Swatee Trimbak Paithankar

Engineering Management & Systems Engineering Theses & Dissertations

While making decisions under uncertainty, people are often unaware of the logical approach to form the decision process. It is assumed that collecting details, analyzing and evaluating data is enough to make 'proper' decisions. However, past research in the decision making arena has significantly validated that there exists a class of decision problems which is complex, ill-structured and not defined to the level where decision makers can draw logical conclusions based on existing traditional decision approaches. RDM (reverse decision making), one of the novel approaches of decision making under conditions of uncertainty, has shown potential towards addressing some of these …

Insults In Your Inbox, M. Thulasidas

Research Collection School Of Computing and Information Systems

Email is a boon at work, but aggressive staff may use it to inflict humiliation. Most of its impact has been positive. An email from the big boss to all@yourcompany, for instance, is a fair substitute for a general communication meet- ing. In smaller teams, email often saves meetings and increases productivity.

Robust Local Search And Its Application To Generating Robust Schedules, Hoong Chuin Lau, Fei Xiao, Thomas Ou

Research Collection School Of Computing and Information Systems

In this paper, we propose an extended local search framework to solve combinatorial optimization problems with data uncertainty. Our approach represents a major departure from scenario-based or stochastic programming approaches often used to tackle uncertainty. Given a value 0 < ? 1, we are interested to know what the robust objective value is, i.e. the optimal value if we allow an chance of not meeting it, assuming that certain data values are defined on bounded random variables. We show how a standard local search or metaheuristic routine can be extended to efficiently construct a decision rule with such guarantee, albeit heuristically. We demonstrate its practical applicability on the Resource Constrained Project Scheduling Problem with minimal and maximal time lags (RCPSP/max) taking into consideration activity duration uncertainty. Experiments show that, partial order schedules can be constructed that are robust in our sense without the need for a large planned horizon (due date), which improves upon the work proposed by Policella et al. 2004.

Research On Logistics Operation Mode Of Shanghai 2010 Expo, Jiaying Chen

World Maritime University Dissertations

No abstract provided.

Shipping Economic Analysis Of Enlargement For Containership To Maersk Ae10, Xiaodi Chen

World Maritime University Dissertations

No abstract provided.

Leanness And Agility In Job Shops: A Framework For A Survey Instrument Developed Using The Delphi Method, Zaki Kuruppalil

All-Inclusive List of Electronic Theses and Dissertations

Manufacturers are facing new challenges as competition has become global. Manufacturing companies arc looking for strategies which would help them gain an edge over their competitors. In the United States, lean manufacturing and agile manufacturing have been gaining importance among industries. Agile manufacturing was developed when the United States Department of Defense (DOD) requested Iacocca Institute at Lehigh University to develop a manufacturing framework that could give US companies an edge over their worldwide competitors whereas lean manufacturing has its roots tied to the Toyota Production System (TPS). This raises the questions: what is the clear difference between the two …

Using Reconstructability Analysis For Input Variable Reduction: A Business Example, Stephen Shervais, Martin Zwick

Complex Systems Faculty Publications and Presentations

We demonstrate the use of reconstructability analysis (RA) on the UCI Australian Credit dataset to reduce the number of input variables for two different analysis tools. Using 14 variables, an artificial neural net (NN) is able to predict whether or not credit was granted, with a 79.1% success rate. RA preprocessing allows us to reduce the number of independent variables from 14 to two different sets of three, which have success rates of 77.2% and 76.9% respectively. The difference between these rates and that of the 14-variable NN is not statistically significant. The three-variable rulesets given by RA achieve success …

Santa Clara Magazine, Volume 49 Number 1, Summer 2007, Santa Clara University

Santa Clara Magazine

8 - A CENTURY OF BRONCO BASKETBALL, By Jed Mettee and Steven Boyd Saum. Celebrating the first hundred seasons.

12 - A FAMILY SHOW By Steven Boyd Saum. Meet new men's basketball coach Kerry Keating.

14 - A SPACE THAT TALKS TO NATURE By Miriam Schulman. A team of SCU students aim to win the Department of Energy's Solar Decathlon. And save the planet.

19 - EPITAPH FOR THE JOURNEY A poem by Paul Mariani.

22 - THE BUZZ ABOUT SUSTAINABILITY By John Farnsworth. When we talk about "sustainability," what are we really talking about?

26 - THE GREEN TAX …

Building National Digital Infrastructure: A Case Study Of Semiconductor Complex Limited, Deepak Kappor

Business Review

The digital revolution and the rapid technology developments thereafter created a real danger of the modem world getting divided into a new type of 'digital-haves and digital-have not's'. It was feared that developing countries like India may not be able to reap the benefits of the 'information age' because of the ever widening gap in technology and relevant infrastructure. As a strategic step to bridge the growing digital divide between India and the technologically advanced economies, the Government of India (GO I) decided to set up Semiconductor Complex Limited (SCL) in the year 1983 to develop Indian capabilities in the …

The Drivers And Barriers To Customer Value Creation: Issues And Prespectives In The Marble Sector Smes Of North-West Frontier Province, Pakistan, Muhammad Noman

Business Review

The concept of value and, more specifically, customer value is of increasing interest to both academics and practitioners. Many see it as the next source of competitive advantage. Like other regions of the country, the North-West Frontier Province of Pakistan has a presence of SMEs in many sectors. A major one amongst these is the marble sector; characterized by two sub-sectors, marble mining and marble processing. A review of various studies in the marble sector reveals that about 70 percent of marble reserves in Pakistan are being wasted due to poor mining and processing techniques. The situation is further aggravated …

Analyzing Construction-Related Market Trends In Apec Countries Using Gis, Low Sui Pheng, Benny Raphael, Faisal Manzoor Arain

Business Review

GIS (Geographical Information System) is a means of representing data in digital form that has been used increasingly in various domains. GIS has the ability to capture,model, manipulate, retrieve, analyze and present geographically referenced data. In managing overseas building projects, research and analysis are especially crucial. It is necessary to collect enough information of the country that is related to the rule of law, government policies, and the performance of individual economic sectors, among other things. Although GIS has been shown to be a useful tool in various types of planning and management, it has not been used so far …

Generating Job Schedules For Vessel Operations In A Container Terminal, Thin Yin Leong, Hoong Chuin Lau

Research Collection School Of Computing and Information Systems

No abstract provided.

Final Report: Second Generation Waste Package Design Study, L. S. Armijo, Mano Misra, Piyush Kar

Publications (YM)

The objectives of this project activity are: to review the current YMP baseline environment and establish corrosion test environments representative of the range of dry to intermittently wet conditions expected in the drifts as a function of time. to demonstrate the oxidation and corrosion resistance of A588 weathering steel and reference Alloy 22 samples in the representative dry to intermittently dry conditions. to evaluate backfill and design features to improve the thermal performance analyses of the proposed second-generation waste packages using existing models developed at UNR.

Engineering Management And Industrial Engineering: Similarities And Differences, Cassandra C. Elrod, Ashley Rasnic, William Daughton

Business and Information Technology Faculty Research & Creative Works

Engineering Management is a broad and diverse field of engineering, thereby making it difficult to define exactly what the degree encompasses. At the same time, the somewhat related degree of Industrial Engineering is better understood. Some universities offer a Bachelor of Science degree in Engineering Management with an emphasis in Industrial Engineering, while others offer a Bachelor of Science degree in Industrial Engineering with an emphasis in Engineering Management. In today's world of competitive academia, many wonder if these degree fields are similar enough to be used interchangeably or if there is a distinct difference separating the two degrees, making …

Rationales For Collaboration; Implications For The Irish Road Freight Industry, Eoin Plant, Jim Mcgovern

Conference Papers

The European Union has made a commitment to promoting sustainable mobility through advanced transport logistics. One of the principal areas yet to be addressed is that of the potential barriers to advanced transport logistics and the attitudes of industry to this advancement. This paper addresses some of these concerns and argues that competition for high-value contracts can be very tough, especially where the contracts are from large organisations that often prefer to develop a relationship with only one transport service provider. The paper attempts to put the research into a theoretical framework of Resource-Advantage Theory. Empirical evidence is presented from …

2007 - The Twelfth Annual Symposium Of Student Scholars

Symposium of Student Scholars Program Books

The full program book from the Twelfth Annual Symposium of Student Scholars, held on April 23, 2007. Includes abstracts from the presentations and posters.

Santa Clara Magazine, Volume 48 Number 4, Spring 2007, Santa Clara University

Santa Clara Magazine

8 - ARCHAEOLOGISTS OF THE CARIBBEAN By Monte Lorenzet. Eye patch and peg leg-we all know what makes a pirate. Or do we? Only recently have scientists taken a serious look at the archeology of piracy, with SCU's Russ Skowronek one of the hearties unearthing facts buried beneath centuries of myth.

12 - ARE PEOPLE GETTING CRAZIER? By Thomas G. Plante. From what the media offers every day, you can't help but think the world is going to hell in a handbasket. What's really going on? And what can we do about it?

21 - A TEACHABLE MOMENT Q&A with …

An Exploratory Study Of Iso 9001:2000 Quality Management Systems Using The Iso/Iec 15504 Architecture, Paul Richard Shimp

Engineering Management & Systems Engineering Theses & Dissertations

The purpose of this paper is to provide an exploratory study on the implementation and issues regarding Quality Management Systems as defined by ISO 9001 :2000 using the architecture of ISO/IEC 15504. The recently published ISO/IEC 15504 series of standards provides a framework to assess processes and determine levels of capability. With the use of this framework, the study will focus on the assessment and identification of problem areas requiring focus for continual improvement within an ISO 9001 :2000 quality management system.

The structure of this paper is as follows: Section 1 provides a background discussion of ISO 9001 :2000. …

2007 Survey Of Summer Sessions Students At The University Of Nebraska-Lincoln, Paul Savory

Department of Industrial and Management Systems Engineering: Faculty Publications

During Summer 2007, UNL Summer Sessions (FlexEd) surveyed summer students to learn about their experience in taking a summer course(s). The survey results will offer confirmation of what we are doing well and will provide guidance on areas of improvement and better strategies for marketing UNL summer opportunities. A total of 227 students completed the survey. Fifteen summer classes were selected to complete a paper-based or electronic version of the survey. The classes were from three different summer sessions and used different delivery mechanisms (on-campus, studio, distance education).

An Evaluation Of American Companies That Outsource Manufacturing To China: Decision-Making And Performance, Michael Kenyon Favreau

Theses and Dissertations

The topic of outsourcing ranks at the top of business issues for a wide variety of companies (Wery, 2004; Ezrati, 2004). The majority of American companies believe that offshore-related matters rank as the most strategic decisions that management is expected to make in the next 12 months (Wery, 2004). “Outsourcing in China can help many companies save money, but it can be very frustrating if not done right" (Ting, 2004). The perceived benefits of outsourcing production to China are tremendously enticing, but a lack of understanding of the total costs involved lures many companies into outsourcing when it is not …

A Qualitative Study Of Selected Quality Knowledge And Practices In Guangdong Province, China, Tyler R. Thomas

Theses and Dissertations

The manufacturing industry has become very competitive in today's global market environment. Many US companies are faced with the choice of keeping their manufacturing domestic or looking to low cost off-shore countries to take advantage of the labor costs differences. To gain an understanding of the state of manufacturing in China, a major focus in the manufacturing world today, this thesis was undertaken. This thesis presents the findings of research conducted in Guangdong Province, China in June - July, 2005. This research addressed customer focus, leadership and general manufacturing and quality knowledge and practices of small, medium and large sized …

Forecasting The Kc-135 Cost Per Flying Hour: A Panel Data Analysis, Michael T. Bryant

Theses and Dissertations

This thesis developed models to forecast the KC-135R monthly Consumables (CONS) and Depot Level Reparable (DLR) Cost per Flying Hour (CPFH) for each U.S. Air Force service component. Using data for each operating location from FY1998 to FY2004, the models were constructed using panel data analysis, a form of regression that adds a cross-sectional and time-series dimension. In addition to including factors previously identified as prime contributors to CPFH, the models added new elements that may influence maintenance costs and be of interest to policymakers. These elements included mission capable rates, airframe operating hours, and climatology factors. An interaction variable …

Price Vs. Performance: The Value Of Next Generation Fighter Aircraft, John M. Stelly

Theses and Dissertations

The United States Department of Defense (DoD) is currently recapitalizing its aging fighter aircraft inventory with the F-22A and F-35. While the DoD may consider cost and performance issues, it does not use a quantitative model that effectively measures the tradeoffs between the two. This thesis constructs a hedonic model of the fighter aircraft market to measure the implicit price on fighter performance characteristics and specifically applies it to next-generation aircraft. Data from 50 aircraft from 1949-present were used to construct two models – one based on procurement costs and one based on research, design, test, and evaluation (RDT&E) costs. …