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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

Crude Oil Prices Forecasting: Time Series Vs. Svr Models, Xin James He Dec 2018

Crude Oil Prices Forecasting: Time Series Vs. Svr Models, Xin James He

Journal of International Technology and Information Management

This research explores the weekly crude oil price data from U.S. Energy Information Administration over the time period 2009 - 2017 to test the forecasting accuracy by comparing time series models such as simple exponential smoothing (SES), moving average (MA), and autoregressive integrated moving average (ARIMA) against machine learning support vector regression (SVR) models. The main purpose of this research is to determine which model provides the best forecasting results for crude oil prices in light of the importance of crude oil price forecasting and its implications to the economy. While SVR is often considered the best forecasting model in …


Table Of Contents Jitim Vol 27 Issue 3, 2018 Dec 2018

Table Of Contents Jitim Vol 27 Issue 3, 2018

Journal of International Technology and Information Management

Table of Contents


Cost Benefit Analysis Of Led Vs Florescent Lighting, Kurtis Clark, Phillip Humphrey Nov 2018

Cost Benefit Analysis Of Led Vs Florescent Lighting, Kurtis Clark, Phillip Humphrey

Student Research

Over the last few years, the state of Oklahoma has been looking at ways to reduce expenses to address concerns about a budget deficit. There have been efforts made to reduce expenses due to the use of energy. It has been said, when the lights are on, work is getting done. Running lights is therefore the cost of doing business. Our research examines the question, “is there a way to provide better lighting while operating at a lower cost.” This research examines the current lighting at Southwestern State University, primarily fluorescent lighting (FL), and a cost benefit analysis of switching …


Assessment And Comparison Of Aviation Manufacturing Industries Throughout Mexico And Brazil, Omar E. Morsi, Kelly A. Whealan-George, Aaron D. Clevenger Aug 2018

Assessment And Comparison Of Aviation Manufacturing Industries Throughout Mexico And Brazil, Omar E. Morsi, Kelly A. Whealan-George, Aaron D. Clevenger

Aaron D. Clevenger

This literature review serves to provide insight and understanding in regards to the evolving aviation manufacturing industry throughout the globe and more specifically, Mexico and Brazil. Increased demand for aircraft units both in the commercial and private sectors have led to unprecedented expansions in aircraft manufacturing across the industry. In order to illuminate certain potentials and current growth levels of such industries, this review will delve into an array of information and specifications in regards to economic, political, and cultural influences throughout both Mexican and Brazilian markets respectively. In conclusion, the review will identify the transformation of an aviation manufacturing …


Advances In Composite Manufacturing Of Helicopter Parts, Tobias A. Weber, Hans-Joachim K. Ruff-Stahl Jul 2018

Advances In Composite Manufacturing Of Helicopter Parts, Tobias A. Weber, Hans-Joachim K. Ruff-Stahl

Hans-Joachim Ruff-Stahl

This study investigates and compares different methods for improving standard autoclave composite manufacturing in order to find suitable approaches to a more efficient composite production. The goal is not only a reduction in manufacturing times and costs but also quality enhancement. Improved part quality while decreasing costs enables a manufacturer of composite parts to expand its market share, especially in the helicopter market, which has been constantly shrinking over the last two years. Various approaches such as improved tooling technology, the use of automated systems for lamination as well as outsourcing are examined to provide an overview of possible advancements …


Assessment And Comparison Of Aviation Manufacturing Industries Throughout Mexico And Brazil, Omar E. Morsi, Kelly A. Whealan-George, Aaron D. Clevenger Jan 2018

Assessment And Comparison Of Aviation Manufacturing Industries Throughout Mexico And Brazil, Omar E. Morsi, Kelly A. Whealan-George, Aaron D. Clevenger

International Journal of Aviation, Aeronautics, and Aerospace

This literature review serves to provide insight and understanding in regards to the evolving aviation manufacturing industry throughout the globe and more specifically, Mexico and Brazil. Increased demand for aircraft units both in the commercial and private sectors have led to unprecedented expansions in aircraft manufacturing across the industry. In order to illuminate certain potentials and current growth levels of such industries, this review will delve into an array of information and specifications in regards to economic, political, and cultural influences throughout both Mexican and Brazilian markets respectively. In conclusion, the review will identify the transformation of an aviation manufacturing …


Managing Strategic Intellectual Property Assets In The Fuzzy Front End Of New Product Development Process, Yonghee Cho, Tugrul U. Daim Jan 2018

Managing Strategic Intellectual Property Assets In The Fuzzy Front End Of New Product Development Process, Yonghee Cho, Tugrul U. Daim

Joseph Cho

The strategic use of intellectual property (IP) is crucial for technology-based companies to gain competitive advantage. The recent transformation of the US patent system brings new challenges and opportunities in this arena. In this regard, this study attempts to identify techniques which can help with IP evaluation and selection in the fuzzy front end (FFE) of new product development (NPD) process. This study combines data collection methods such as mining the literature, conducting in-depth interviews, surveying questionnaires, and analyzing cases. This research serves as an analysis of modern literature and identifies a multi-criteria weighted scoring model that can be employed …


Magic Triangle – Human, Exoskeleton, And Collaborative Robot Scenario, R. A. Goehlich, M. H. Rutsch, I. Krohne Jan 2018

Magic Triangle – Human, Exoskeleton, And Collaborative Robot Scenario, R. A. Goehlich, M. H. Rutsch, I. Krohne

Publications

The incidence of musculoskeletal disorders in workplaces with difficult ergonomic conditions is increasing. Today, there is a growing market for technical support systems that avoid repetitive strain on the musculoskeletal system. We have been observing two (parallel) lines of development: on the one hand, the development of exoskeletons supporting shop floor operators and, on the other hand, the development of collaborative robots for the creation of hybrid teams. The focus of our research is the combined application of exoskeletons AND collaborative robots for shop floor operators in the aerospace industry. Our approach is to analyze various scenarios to understand which …


Table Of Contents Jitim Vol 27 Issue 1, 2018 Jan 2018

Table Of Contents Jitim Vol 27 Issue 1, 2018

Journal of International Technology and Information Management

Table of Contents JITIM volume 27, issue 1 - 2018


Assessing Learning Outcomes Of A Mooc Incorporated Into An On-Campus Management Information Systems Class, Manying Qiu, Yaquan Xu Jan 2018

Assessing Learning Outcomes Of A Mooc Incorporated Into An On-Campus Management Information Systems Class, Manying Qiu, Yaquan Xu

Journal of International Technology and Information Management

Massive open source online course (MOOC) platform enables enterprises to introduce their new innovations and deliver basic knowledge to handle the new products. We incorporated an openSAP course into a management information systems (MIS) class. Students learned the latest development of SAP customer relationship management (CRM) solutions along with the SAP enterprise resource planning (ERP) business processes integration that they learned in the classroom. 46.2% of the students obtained Record of Achievement and Confirmation of Participation certificates, which is higher than the average success rate of MOOCs. More importantly, the students experienced a way of sustainable and lifelong learning.


Moderating Effects Of Age And Experience On The Factors Influencing The Actual Usage Of Cloud Computing, Shailja Tripathi Jan 2018

Moderating Effects Of Age And Experience On The Factors Influencing The Actual Usage Of Cloud Computing, Shailja Tripathi

Journal of International Technology and Information Management

Cloud computing technology (CCT) has attracted extensive attention of organizations to enhance their agility, flexibility and competitive advantage. Successful implementation of CCT depends on its acceptance and useby senior IT managers in the organizations. This study proposes an extended technology acceptance model (TAM) to predict actual CCT usage by the managers. A questionnaire is used to collect the needful data. Exploratory and confirmatory factor analyses are performed to analyze the factor structure and measurement model. Structural equation modeling is used to analyze the structural model. The results supported all the hypotheses of the model. The moderating effect of experience and …


Table Of Contents Jitim Vol 27 Issue 2, 2018 Jan 2018

Table Of Contents Jitim Vol 27 Issue 2, 2018

Journal of International Technology and Information Management

ToC JITIM vol 27 - 2, 2018


Structuring Financial Incentives For Residential Solar Electric Systems, Kevin C. Van Blommestein, Yonghee Cho, Tugrul U. Daim, Paul Sklar Dec 2017

Structuring Financial Incentives For Residential Solar Electric Systems, Kevin C. Van Blommestein, Yonghee Cho, Tugrul U. Daim, Paul Sklar

Joseph Cho

This paper introduces a simple methodology to aid in the decision of how to distribute financial incentive funding for residential solar electric systems in order to maximize demand. Incentive funding can be used more effectively if adjusted according to the decrease in price and the increase in demand of solar electric systems. The decision of how to reduce these incentives due to changing annual funds, while increasing or even maintaining the growth of solar electric system demand, is of great interest to policymakers and public benefit funded program administrators. In order to aid in this process, a three step methodology …