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1 – 10 of 13Jiahao Zhang and Yu Wei
This study conducts a comparative analysis of the diversification effects of China's national carbon market (CEA) and the EU ETS Phase IV (EUA) within major commodity markets.
Abstract
Purpose
This study conducts a comparative analysis of the diversification effects of China's national carbon market (CEA) and the EU ETS Phase IV (EUA) within major commodity markets.
Design/methodology/approach
The study employs the TVP-VAR extension of the spillover index framework to scrutinize the information spillovers among the energy, agriculture, metal, and carbon markets. Subsequently, the study explores practical applications of these findings, emphasizing how investors can harness insights from information spillovers to refine their investment strategies.
Findings
First, the CEA provide ample opportunities for portfolio diversification between the energy, agriculture, and metal markets, a desirable feature that the EUA does not possess. Second, a portfolio comprising exclusively energy and carbon assets often exhibits the highest Sharpe ratio. Nevertheless, the inclusion of agricultural and metal commodities in a carbon-oriented portfolio may potentially compromise its performance. Finally, our results underscore the pronounced advantage of minimum spillover portfolios; particularly those that designed minimize net pairwise volatility spillover, in the context of China's national carbon market.
Originality/value
This study addresses the previously unexplored intersection of information spillovers and portfolio diversification in major commodity markets, with an emphasis on the role of CEA.
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Keywords
Zeye Fu, Jiahao Zou, Luxin Han and Qi Zhang
A model for calculating the global overpressure time history of a single cloud detonation from overpressure time history of discrete positions in the range of single cloud…
Abstract
Purpose
A model for calculating the global overpressure time history of a single cloud detonation from overpressure time history of discrete positions in the range of single cloud detonation is to be proposed and verified. The overpressure distribution produced by multiple cloud detonation and the influence of cloud spacing and fuel mass of every cloud on the overpressure distribution are to be studied.
Design/methodology/approach
A calculation method is used to obtain the global overpressure field distribution after single cloud detonation from the overpressure time history of discrete distance to detonation center after single cloud detonation. On this basis, the overpressure distribution produced by multi-cloud under different cloud spacing and different fuel mass conditions is obtained.
Findings
The results show that for 150 kg fuel, when the spacing of three clouds is 40 m, 50 m, respectively, the overpressure range of larger than 0.1 MPa is 5496.48 mˆ2 and 6235.2 mˆ2, which is 2.89 times and 3.28 times of that of single cloud detonation. The superposition effect can be ignored when the spacing between the three clouds is greater than 60 m. In the case of fixed cloud spacing, once the overpressure forms continuous effective superposition, the marginal utility of fuel decreases.
Originality/value
A model for calculating the global overpressure time history of a single cloud detonation from overpressure time history of discrete positions in the range of single cloud detonation is proposed and verified. Based on this method, the global overpressure field of single cloud detonation is reconstructed, and the superimposed overpressure distribution characteristics of three cloud detonation are calculated and analyzed.
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Keywords
Jing Yin, Jiahao Li, Ahui Yang and Shunyao Cai
In regarding to operational efficiency and safety improvements, multiple tower crane service scheduling problem is one of the main problems related to tower crane operation but…
Abstract
Purpose
In regarding to operational efficiency and safety improvements, multiple tower crane service scheduling problem is one of the main problems related to tower crane operation but receives limited attention. The current work presents an optimization model for scheduling multiple tower cranes' service with overlapping areas while achieving collision-free between cranes.
Design/methodology/approach
The cooperative coevolutionary genetic algorithm (CCGA) was proposed to solve this model. Considering the possible types of cross-tasks, through effectively allocating overlapping area tasks to each crane and then prioritizing the assigned tasks for each crane, the makespan of tower cranes was minimized and the crane collision avoidance was achieved by only allowing one crane entering the overlapping area at one time. A case study of the mega project Daxing International Airport has been investigated to evaluate the performance of the proposed algorithm.
Findings
The computational results showed that the CCGA algorithm outperforms two compared algorithms in terms of the optimal makespan and the CPU time. Also, the convergence of CCGA was discussed and compared, which was better than that of traditional genetic algorithm (TGA) for small-sized set (50 tasks) and was almost the same as TGA for large-sized sets.
Originality/value
This paper can provide new perspectives on multiple tower crane service sequencing problem. The proposed model and algorithm can be applied directly to enhance the operational efficiency of tower cranes on construction site.
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Keywords
Jiahao Ge, Jinwu Xiang and Daochun Li
A densely distributed network radar system compensates for the disadvantages of sparse radars and poses a significant threat to low-altitude penetration by an unmanned combat…
Abstract
Purpose
A densely distributed network radar system compensates for the disadvantages of sparse radars and poses a significant threat to low-altitude penetration by an unmanned combat aerial vehicle (UCAV). Unlike previous studies, this paper aims to consider radar blind areas and proposes a rapid online method for planning low-altitude penetration paths.
Design/methodology/approach
First, the optimization problem coupling digital elevation map (DEM), radar detection probability model and nonholonomic UCAV kinematic model is established. Second, an online solution framework of penetration path planning is constructed. An intervisibility method and map scaling are proposed to generate a detection probability map (DPM). Through completeness and consistency analysis, an adaptive hybrid A* algorithm with fast local replanning strategy is proposed to search a path that takes into account time-consuming, detection probability under nonholonomic constraints. Finally, three scenarios of multiple known, pop-up and vanished static radars are simulated using C++. The computational performance is compared and analyzed.
Findings
The results showed that the proposed online method can generate low-detection-probability penetration paths within subseconds.
Originality/value
This paper provides a new online method to plan UCAV penetration trajectory in military and academic contexts.
Details
Keywords
Yaxiong Wu, Jiahao Chen and Hong Qiao
The purpose of this study is realizing human-like motions and performance through musculoskeletal robots and brain-inspired controllers. Human-inspired robotic systems, owing to…
Abstract
Purpose
The purpose of this study is realizing human-like motions and performance through musculoskeletal robots and brain-inspired controllers. Human-inspired robotic systems, owing to their potential advantages in terms of flexibility, robustness and generality, have been widely recognized as a promising direction of next-generation robots.
Design/methodology/approach
In this paper, a deep forward neural network (DFNN) controller was proposed inspired by the neural mechanisms of equilibrium-point hypothesis (EPH) and musculoskeletal dynamics.
Findings
First, the neural mechanism of EPH in human was analyzed, providing the basis for the control scheme of the proposed method. Second, the effectiveness of proposed method was verified by demonstrating that equilibrium states can be reached under the constant activation signals. Finally, the performance was quantified according to the experimental results.
Originality/value
Based on the neural mechanism of EPH, a DFNN was crafted to simulate the process of activation signal generation in human motion control. Subsequently, a bio-inspired musculoskeletal robotic system was designed, and the high-precision target-reaching tasks were realized in human manner. The proposed methods provide a direction to realize the human-like motion in musculoskeletal robots.
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Jiahao Liu, Tao Gu and Zhixue Liao
The purpose of this paper is to consider three factors, namely, intra-week demand fluctuations, interrelationship between the number of robots and order scheduling and conflicting…
Abstract
Purpose
The purpose of this paper is to consider three factors, namely, intra-week demand fluctuations, interrelationship between the number of robots and order scheduling and conflicting objectives (i.e. cost minimization and customer satisfaction maximization), to optimize the robot logistics system.
Design/methodology/approach
The number of robots and the sequence of delivery orders are first optimized using the heuristic algorithm NSGACoDEM, which is designed using genetic algorithm and composite difference evolution. The superiority of this method is then confirmed by a case study of a four-star grade hotel in South Korea and several comparative experiments.
Findings
Two performance metrics reveal the superior performance of the proposed approach compared to other baseline approaches. Results of comparative experiments found that the consideration of three influencing factors in the operation design of a robot logistic system can effectively balance cost and customer satisfaction over the course of a week in hotel operation and optimize robot scheduling flexibility.
Practical implications
The results of this study reveal that numerous factors (e.g. intra-week demand fluctuations) can optimize the performance efficiency of robots. The proposed algorithm can be used by hotels to overcome the influence of intra-week demand fluctuations on robot scheduling flexibility effectively and thereby enhance work efficiency.
Originality/value
The design of a novel algorithm in this study entails enhancing the current robot logistics system. This algorithm can successfully manage cost and customer satisfaction during off-seasons and peak seasons in the hotel industry while offering diversified schemes to various types of hotels.
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Keywords
Jianyong Liu, Xueke Luo, Long Li, Fangyuan Liu, Chuanyang Qiu, Xinghao Fan, Haoran Dong, Ruobing Li and Jiahao Liu
Utilizing electrical discharge machining (EDM) to process micro-holes in superalloys may lead to the formation of remelting layers and micro-cracks on the machined surface. This…
Abstract
Purpose
Utilizing electrical discharge machining (EDM) to process micro-holes in superalloys may lead to the formation of remelting layers and micro-cracks on the machined surface. This work proposes a method of composite processing of EDM and ultrasonic vibration drilling for machining precision micro-holes in complex positions of superalloys.
Design/methodology/approach
A six-axis computer numerical control (CNC) machine tool was developed, whose software control system adopted a real-time control architecture that integrates electrical discharge and ultrasonic vibration drilling. Among them, the CNC system software was developed based on Windows + RTX architecture, which could process the real-time processing state received by the hardware terminal and adjust the processing state. Based on the SoC (System on Chip) technology, an architecture for a pulse generator was developed. The circuit of the pulse generator was designed and implemented. Additionally, a composite mechanical system was engineered for both drilling and EDM. Two sets of control boards were designed for the hardware terminal. One set was the EDM discharge control board, which detected the discharge state and provided the pulse waveform for turning on the transistor. The other was a relay control card based on STM32, which could meet the switch between EDM and ultrasonic vibration, and used the Modbus protocol to communicate with the machining control software.
Findings
The mechanical structure of the designed composite machine tool can effectively avoid interference between the EDM spindle and the drilling spindle. The removal rate of the remelting layer on 1.5 mm single crystal superalloys after composite processing can reach over 90%. The average processing time per millimeter was 55 s, and the measured inner surface roughness of the hole was less than 1.6 µm, which realized the micro-hole machining without remelting layer, heat affected zone and micro-cracks in the single crystal superalloy.
Originality/value
The test results proved that the key techniques developed in this paper were suite for micro-hole machining of special materials.
Details
Keywords
Jiahao Lu, Ran Tao, Di Zhu and Ruofu Xiao
This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy…
Abstract
Purpose
This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy production theory to visualize the vortex at the top of the impeller as well as quantitatively analyzing the energy loss caused by the vortex at the top of the impeller. By combining the two methods, the two are well verified with each other that the stacking problem of the vortex at the top of the impeller and the location of the energy loss caused by the vortex are consistent with the vortex location. Such a method can reveal the problem of vortex buildup at the top of the lobe well, and provide a novel guidance idea for improving the performance of high-speed fuel pumps.
Design/methodology/approach
Based on CFD numerical simulation and analysis, this study mainly uses LCS and entropy production theory to visualize the top vortex of the impeller. Through the combination of the two methods, the accumulation problem of the top vortex of the impeller and the location of the energy loss caused by the vortex can be well revealed.
Findings
(1) The CFD numerical simulation analysis of the high-speed fuel pump is carried out, and the test is conducted to verify the numerical simulation results. The inlet and outlet pressure difference? P is used as the validation index, and the error analysis shows that the error between numerical simulation and test results is within 10%, which meets our requirements. Therefore, we carry out the next analysis with the help of CFD numerical simulation. By analyzing the full working condition simulation, its inlet and outlet differential pressure? P and efficiency? Are evaluated. It is found that its differential pressure decreases with the flow rate and its efficiency reaches its maximum at Qv = 9.87 L/s with a maximum efficiency of 78.32%. (2) We used the LCS in the analysis of vortices at the top of the impeller blades of a high-speed fuel pump. One of the metrics used to describe the LCS in fluid dynamics is the FTLE. The high FTLE region represents the region with the highest and fastest particle trajectory stretching velocity in the fluid flow. We performed a cross-sectional analysis of the FTLE field on the different height surfaces of the impeller on 25% Plane, 50% Plane, and 75% Plane, respectively. And a quarter turn of the rotor rotation was analyzed as a cycle divided into 8 moments. It is found that on 25% Plane, the vortex at the top of the lobe is not obvious, but there are high FTLE values on the shroud surface. On 50% Plane, the lobe top vortex is relatively obvious and the number of vortices is three. The vortex pattern remains stable with the rotating motion of the rotor. At 75% Plane, the lobe top vortex is more visible and its number of vortices increases to about 5 and the vortex morphology is relatively stable. The FTLE ridges visualize the vortex profile. This is a good guide for fluid dynamics analysis. (3) At the same time, we use the entropy production theory to quantitatively analyze the energy loss, and define the entropy production rate Ep. Through the entropy production analysis of the impeller shroud surface and the suction surface of the pressure surface of the blades at eight moments, we find that the areas of high energy loss are mainly concentrated in the leading and trailing edges of the blades as well as in the shroud surface close to the leading edge of the blades, and the value of the entropy production rate is up to 106 W/m3/K. The areas of high energy loss in the leading edge of the blades as well as the trailing edge show a curved arc, and the energy loss is decreasing as it moves away from the shroud surface and closer to the hub surface. The high energy loss areas at the leading and trailing edges of the blades are curved, and the energy loss decreases as they move away from the shroud surface and closer to the hub surface. The energy loss at the pressure surface of the blade is relatively small, about 5 × 105 W/m3/K, which is mainly concentrated near the leading edge of the blade near the shroud surface and the trailing edge of the blade near the hub surface. Such energy loss corresponds to the vortex LCS at the top of the impeller, and the two mirror each other.
Originality/value
This study focuses on the CFD numerical simulation and analysis of the vortex stacking problem at the top of the impeller of a high-speed fuel pump, mainly using LCS and entropy production theory to visualize the vortex at the top of the impeller as well as quantitatively analyzing the energy loss caused by the vortex at the top of the impeller. By combining the two methods, the two are well verified with each other that the stacking problem of the vortex at the top of the impeller and the location of the energy loss caused by the vortex are consistent with the vortex location. Such a method can reveal the problem of vortex buildup at the top of the lobe well, and provide a novel guidance idea for improving the performance of high-speed fuel pumps.
Details
Keywords
Lu Wang, Jiahao Zheng, Jianrong Yao and Yuangao Chen
With the rapid growth of the domestic lending industry, assessing whether the borrower of each loan is at risk of default is a pressing issue for financial institutions. Although…
Abstract
Purpose
With the rapid growth of the domestic lending industry, assessing whether the borrower of each loan is at risk of default is a pressing issue for financial institutions. Although there are some models that can handle such problems well, there are still some shortcomings in some aspects. The purpose of this paper is to improve the accuracy of credit assessment models.
Design/methodology/approach
In this paper, three different stages are used to improve the classification performance of LSTM, so that financial institutions can more accurately identify borrowers at risk of default. The first approach is to use the K-Means-SMOTE algorithm to eliminate the imbalance within the class. In the second step, ResNet is used for feature extraction, and then two-layer LSTM is used for learning to strengthen the ability of neural networks to mine and utilize deep information. Finally, the model performance is improved by using the IDWPSO algorithm for optimization when debugging the neural network.
Findings
On two unbalanced datasets (category ratios of 700:1 and 3:1 respectively), the multi-stage improved model was compared with ten other models using accuracy, precision, specificity, recall, G-measure, F-measure and the nonparametric Wilcoxon test. It was demonstrated that the multi-stage improved model showed a more significant advantage in evaluating the imbalanced credit dataset.
Originality/value
In this paper, the parameters of the ResNet-LSTM hybrid neural network, which can fully mine and utilize the deep information, are tuned by an innovative intelligent optimization algorithm to strengthen the classification performance of the model.
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Keywords
Zhouhai Chen, Hong Wang and Jiahao Hu
Food labels are increasingly used to provide information to consumers. As a common design strategy used for food package labels globally, label frame is often used to expand the…
Abstract
Purpose
Food labels are increasingly used to provide information to consumers. As a common design strategy used for food package labels globally, label frame is often used to expand the perceived breadth of a brand and create a broader brand image. We evaluated the effect of the presence or absence of a non-genetically modified organism (non-GMO) label frame on consumers' preferences for non-GMO foods.
Design/methodology/approach
This study collected data from 120 MBA students at a university in Sichuan, China, and 126 foreign volunteers in a shopping mall in Chengdu, Sichuan Province. The study investigates the effect of the presence or absence of non-GMO label frame (i.e. label with or without an outline) on non-GMO food preferences through a field survey and two controlled experiments. To empirically analyse the psychological mechanisms by which non-GMO label frames affect consumers' preferences for non-GMO food, we set up the mediating variable of food association of safety.
Findings
For ordinary consumers, a framed non-GMO label is more likely to evoke food association of safety and further enhance consumer preference for non-GMO foods. It facilitates consumers' choice of healthier foods. This finding did not otherwise vary across demographic characteristics.
Originality/value
This study is the first to examine the influence of non-GMO label frames on consumers' non-GMO food preferences, which is an innovative research question. The findings of this study are instructive for food manufacturers and policymakers to better design and use non-GMO label frames to attract more consumers to choose non-GMO foods.
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