Vivek Mande, Mark E. Wohar and Richard F. Ortman
A number of U.S. studies have documented an optimistic bias in analysts’ forecasts of earnings. This study investigates whether the optimistic bias and asymmetric behavior of…
Abstract
A number of U.S. studies have documented an optimistic bias in analysts’ forecasts of earnings. This study investigates whether the optimistic bias and asymmetric behavior of forecast errors found in most U.S. studies exists in Japan. We find that for firms reporting profits, Japanese analysts’ forecasts have much greater accuracy and exhibit a small pessimistic bias in comparison to firms reporting losses, where analysts’ forecasts exhibit extremely poor accuracy and an extremely significant optimistic bias. The lack of ability to forecast losses is due to their transitory nature and not due to earnings management. Forecast accuracy and bias are not related to firm size, but are related to the magnitude of reported lossess and profits.
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In the course of development of human communities towards industrially advanced societies of today, there have been changes not only in economic conditions in the majority of…
Abstract
In the course of development of human communities towards industrially advanced societies of today, there have been changes not only in economic conditions in the majority of fields of human activity but also in the ways of providing for food, which went hand in hand with changes in living conditions. Large‐scale industrial production has brought about major changes in the way of life of the population. The development of industrial agglomerations results in a growing number of city dwellers, most of whom have no chance of producing foodstuffs of their own in kind. The distance between residential and industrial areas has been growing, the number of employed women has risen considerably. These are but a few factors affecting the way of boarding, particularly in households.
12,2 Millionen Bundesbürger sind über 60 Jahre alt. Im Jahre 2000 werden es bereits 14 Millionen sein. Kein Wunder also, dass die Senioren für viele Wirtschaftszweige immer…
Abstract
12,2 Millionen Bundesbürger sind über 60 Jahre alt. Im Jahre 2000 werden es bereits 14 Millionen sein. Kein Wunder also, dass die Senioren für viele Wirtschaftszweige immer interessanter werden. Dies gilt auch für die Tourismusbranche, die mit der wachsenden Reisefreude der älteren Generation rechnen kann. Im vorliegenden Beitrag werden ausgewählte Ergebnisse einer Studie wiedergegeben, die das Institut für Freizeit‐ und Tourismusberatung aus Ettlingen Anfang des Jahres gemacht hatte.
In the paper the optimization procedure of a direct current motor with a hybrid excitation has been presented. The excitation system consists of a shunt field winding disposed…
Abstract
In the paper the optimization procedure of a direct current motor with a hybrid excitation has been presented. The excitation system consists of a shunt field winding disposed around field pole and permanent magnet, both acting in parallel. The field distribution in motor for various magnet and field pole dimensions has been determined using finite element method. The flux linkage with the armature winding has been computed. Demagnetizing effect of armature current was taken into account. The optimal permanent magnet and the field pole dimensions, ensuring minimum total cost of purchase and work during assumed period of time were calculated. Motor characteristics e.g. rated torque, rated current, speed regulation limit were used as constraints. In worked up algorithm and computer program Carroll internal penalty function method was used. Some basic suggestions tor design of optimal hybrid excited dc motors with parallel permanent magnet and electromagnetic excitation are given.
This article, third in a series of six, describes Life Sciences Era activities. Life sciences, rapidly gaining momentum, will begin to dominate US economic activity by 2100, then…
Abstract
This article, third in a series of six, describes Life Sciences Era activities. Life sciences, rapidly gaining momentum, will begin to dominate US economic activity by 2100, then predominate well into the following century (see Figure 1). Massive advances will follow as the 140 000 genes, and 3 billion molecular units (base pairs) comprising the human genome are plotted in rough draft before 2001, and definitively charted by 2003. Once laid out, comprehending genetic patterns provides the means to govern many of the 75 trillion parts in every human.
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I‐V characteristics of GaAs n‐i‐n structures are calculated by considering impact ionization of carriers. Impact ionization at reverse‐biased n‐i junction becomes a cause of steep…
Abstract
I‐V characteristics of GaAs n‐i‐n structures are calculated by considering impact ionization of carriers. Impact ionization at reverse‐biased n‐i junction becomes a cause of steep current rise when an acceptor density in the i‐layer is high. It is shown that an optimum acceptor density exists to keep a good isolation. Photoconduction transients of GaAs n‐i‐n structures are also simulated, and are shown to be strongly affected by existence of n‐i junctions.
Mohammed Abdulaal and Mohammad Q. Abdulah
Crossed helical gears have point contact and their surfaces are subject to high surface stress. Contact stress and root tooth stress are the most common sources of failure in…
Abstract
Purpose
Crossed helical gears have point contact and their surfaces are subject to high surface stress. Contact stress and root tooth stress are the most common sources of failure in crossed helical gear. This paper aims to study the load-carrying capacity and performance of crossed helical gear teeth with different gear tooth profiles. To overcome defects and reduce the sensitivity to small shaft angle changes. The combined tooth profile is designed to reduce the bending stresses, contact stresses and tooth deflection, and prevent pinion failure in the gearbox.
Design/methodology/approach
The principle of the method is a line contact is introduced instead of a point contact between two teeth in mesh with each other. The tooth surface of the helical gear is designed and cut by a modified tool. Higher normal pressure angles like 25° and 35° are used. The modified involute is accomplished to eliminate interference between the teeth. Engineering software packages have been applied to generate all crossed helical gears gear profiles. The modification is compounding curves consisting of an epicycloid-involute-hypocycloid gear teeth profile generated by the cutter modified.
Findings
The stresses in the crossed helical gear teeth profile were reduced by increasing the normal pressure angle values. Using a 35° pressure angle the enhancement percentage in contact stress and teeth fillet region will be about 29.345% and 15.421%, respectively. The best enhancement in a gear’s resistance is the epicycloid-involute-hypocycloid gear teeth profile. The enhancement was 32.610% and 18.588%. The skew in line of action in skewed helical gear will be sensitive when the crossing angles are small. Their teeth surface tends to be easily worn out; however, the wearing process will be reduced by using a proposed gear teeth profile.
Practical implications
The gear teeth to be modified are cut by a shaper process. The modifying rack cutter of this study can be used as a reference for creating a different helical gears sample. The helical teeth surface is modified to become an envelope of the other. This makes an original point contact change into a line contact. The epicycloid-involute-hypocycloid gear teeth profile is preferred for a higher contact ratio and a large load capacity. This work explicitly introduces a new method of kinematic consideration to improve the load capacity of crossed helical gear.
Originality/value
This paper showed some novel results by the unique shape of the rack-cutter designed to generate different helical angles and different gear positions. In the future, it will make valuable contributions to the further development of the dynamic performance of a crossed helical gear system through the study in the field of using asymmetric teeth profiles of helical gears with tip relief as the manner to enhance the crossed helical gear performance. Investigation of crossed helical gear by applying a predesigned parabolic function of transmission error enables the absorption of linear discontinuous functions caused by misalignment.