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Book part
Publication date: 4 December 2020

Abstract

Details

Application of Big Data and Business Analytics
Type: Book
ISBN: 978-1-80043-884-2

Abstract

Subject area

General Management/Strategy.

Study level/applicability

Post-graduate/MBA.

Case overview

Case A: Mr Grandhi Mallikarjuna Rao, founding chairman of GMR, was considering a proposal to bid for an upcoming international airport in Hyderabad, India. The strategic move would have marked GMR’s foray into the Indian airport infrastructure sector. GMR had been involved in the development and operation of power plants and had thrived on public–private partnerships for all its projects. Mr Rao is thinking: Should GMR make another major investment in infrastructure development by bidding to build the airport in Hyderabad, India? Further, how should the organization prepare itself for this strategic move? Case B: On April 4, 2013, the meeting of GMR’s Group Executive Council (GEC) was scheduled to take place. Srinivivas Bommidala, G.M. Rao’s son-in-law and Chairman of GMR’s airports business, was gearing up for the meeting. The meeting was called to discuss a proposal for bidding for an upcoming airport project in the Philippines. It had been more than a decade since GMR entered the airport infrastructure sector. The organization had built substantial airport operating expertise during that period. It adopted a joint venture (JV) model for expanding in the airport infrastructure business. Until now, the organization had always formed JVs for all its airport projects. JVs with existing airport operators were necessitated by the bid conditions that required a certain minimum airport operating experience for qualifying as a bidder for various projects. In some cases, a JV with a local player helped GMR with market knowledge for functioning in a foreign market. GMR also used JVs to access the capabilities it lacked for operating in this sector and gradually learnt from its partners for building capabilities in-house. The group now had the required operating expertise in the sector to qualify as a bidder. One of the key issues the GEC was contemplating was: Whether GMR should continue to form JV for bidding for the upcoming project or should it go solo? Further, if it had to form a JV then, in which areas should it seek a partner?

Expected learning outcomes

Case A: To understand the relationship between key concepts in strategic management, including diversification, capabilities and core competence. To help students understand the various factors managers consider when deciding on the diversification strategy of an organization. To create an understanding of the organizational processes required to facilitate diversification into a new segment. To teach students how to evaluate a potential market opportunity that may require a firm to take on a diversification strategy. Case B: To help students understand how companies use alliances as growth strategies. To understand the rationale for formation of various alliances. To explore various factors managers consider when deciding on alliance strategy of an organization. To understand the challenges associated with using alliances as a strategic option. To understand the pros and cons of internal development (i.e. going solo) vis-à-vis strategic alliances.

Subject code

CSS 11: Strategy.

Details

Emerald Emerging Markets Case Studies, vol. 6 no. 1
Type: Case Study
ISSN: 2045-0621

Keywords

Article
Publication date: 14 June 2019

Wentong Zhang and Yiqing Xiao

Balancing accuracy and efficiency is an important evaluation index of response surface method. The purpose of this paper is to propose an adaptive order response surface method…

Abstract

Purpose

Balancing accuracy and efficiency is an important evaluation index of response surface method. The purpose of this paper is to propose an adaptive order response surface method (AORSM) based on univariate decomposition model (UDM).

Design/methodology/approach

First, the nonlinearity of the univariate function can be judged by evaluating the goodness of fit and the error of curve fit rationally. Second, combining UDM with the order analysis of separate component polynomial, an easy-to-implement AORSM is proposed. Finally, several examples involving mathematical functions and structural engineering problems are studied in detail.

Findings

With the proposed AORSM, the orders of component functions in the original response surface can be determined adaptively and the results of those cases in this paper indicate that the proposed method performs good accuracy, efficiency and robustness.

Research limitations/implications

Because just the cases with single failure mode and single MPP are studied in this paper, the application in multi-failure mode and multi-MPP cases need to be investigated in the coming work.

Originality/value

The nonlinearity of the univariate in the response surface can be determined adaptively and the undetermined coefficients of each component function are obtained separately, which reduces the computation dramatically.

Article
Publication date: 1 April 2022

Can Ban, Na Na Pu, Yi Fei Zhang and Ma Wentao

This article aims to develop an accurate and efficient meshfree Galerkin method based on the strain smoothing technique for linear elastic continuous and fracture problems.

Abstract

Purpose

This article aims to develop an accurate and efficient meshfree Galerkin method based on the strain smoothing technique for linear elastic continuous and fracture problems.

Design/methodology/approach

This paper proposed a generalized linear smoothed meshfree method (LSMM), in which the compatible strain is reconstructed by the linear smoothed strains. Based on the idea of the weighted residual method and employing three linearly independent weight functions, the linear smoothed strains can be created easily in a smoothing domain. Using various types of basic functions, LSMM can solve the linear elastic continuous and fracture problems in a unified way.

Findings

On the one hand, the LSMM inherits the properties of high efficiency and stability from the stabilized conforming nodal integration (SCNI). On the other hand, the LSMM is more accurate than the SCNI, because it can produce continuous strains instead of the piece-wise strains obtained by SCNI. Those excellent performances ensure that the LSMM has the capability to precisely track the crack propagation problems. Several numerical examples are investigated to verify the accurate, convergence rate and robustness of the present LSMM.

Originality/value

This study provides an accurate and efficient meshfree method for simulating crack growth.

Details

Engineering Computations, vol. 39 no. 7
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 14 November 2008

B.N. Rao and Rajib Chowdhury

To develop a new computational tool for predicting failure probability of structural/mechanical systems subject to random loads, material properties, and geometry.

1823

Abstract

Purpose

To develop a new computational tool for predicting failure probability of structural/mechanical systems subject to random loads, material properties, and geometry.

Design/methodology/approach

High dimensional model representation (HDMR) is a general set of quantitative model assessment and analysis tools for capturing the high‐dimensional relationships between sets of input and output model variables. It is a very efficient formulation of the system response, if higher order variable correlations are weak and if the response function is dominantly of additive nature, allowing the physical model to be captured by the first few lower order terms. But, if multiplicative nature of the response function is dominant then all right hand side components of HDMR must be used to be able to obtain the best result. However, if HDMR requires all components, which means 2N number of components, to get a desired accuracy, making the method very expensive in practice, then factorized HDMR (FHDMR) can be used. The component functions of FHDMR are determined by using the component functions of HDMR. This paper presents the formulation of FHDMR approximation of a multivariate limit state/performance function, which is dominantly of multiplicative nature. Given that conventional methods for reliability analysis are very computationally demanding, when applied in conjunction with complex finite element models. This study aims to assess how accurately and efficiently HDMR/FHDMR based approximation techniques can capture complex model output uncertainty. As a part of this effort, the efficacy of HDMR, which is recently applied to reliability analysis, is also demonstrated. Response surface is constructed using moving least squares interpolation formula by including constant, first‐order and second‐order terms of HDMR and FHDMR. Once the response surface form is defined, the failure probability can be obtained by statistical simulation.

Findings

Results of five numerical examples involving structural/solid‐mechanics/geo‐technical engineering problems indicate that the failure probability obtained using FHDMR approximation for the limit state/performance function of dominantly multiplicative in nature, provides significant accuracy when compared with the conventional Monte Carlo method, while requiring fewer original model simulations.

Originality/value

This is the first time where application of FHDMR concepts is explored in the field of reliability and system safety. Present computational approach is valuable to the practical modeling and design community, where user often suffers from the curse of dimensionality.

Details

Engineering Computations, vol. 25 no. 8
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 4 January 2021

Amin Farzin, Mehrangiz Ghazi, Amir Farhang Sotoodeh and Mohammad Nikian

The purpose of this study is to provide a method for designing the shell and tube heat exchangers and examine the total annual cost of heat exchanger networks from the economic…

Abstract

Purpose

The purpose of this study is to provide a method for designing the shell and tube heat exchangers and examine the total annual cost of heat exchanger networks from the economic view based on the careful design of equipment.

Design/methodology/approach

Accurate evaluation of heat exchanger networks performance depends on detailed models of heat exchangers design. The simulations variables include nine design variables such as flow direction determination of each of the two fluids, number of tubes, number of tube passes, length of tubes, the arrangement of tubes, size and percentage of baffle cut, tube diameter and tube pitch. The optimal designing of the heat exchangers is based on geometrical and hydraulic modeling and using a hybrid genetic particle swarm optimization algorithm (PSO-GA) technique. In this paper, optimization and minimization of the total annual cost of heat exchanger networks are considered as the objective function.

Findings

In this study, a fast and reliable method is used to simulate, optimize design parameters and evaluate heat transfer enhancement. PSO-GA algorithms have been used to minimize the total annual cost, which includes investment costs of heat exchangers and pumps, operating costs (pumping) and energy costs for utilities. Three case studies of four, six and nine streams are selected to demonstrate the accuracy of the method. Reductions of 0.55%, 23.5% and 14.78% are obtained in total annual cost for the selected streams, respectively.

Originality/value

In the present study, a reliable method is used to simulate and optimize design parameters and the economic optimization of the heat exchanger networks. Taking into account the importance of shell and tube heat exchangers in industrial applications and the complexity in their geometry, the PSO-GA methodology is adopted to obtain an optimal geometric configuration. The total annual cost is chosen as the objective function. Applying this technique to case studies demonstrates its ability to accurately design heat exchangers to optimize the objective function of the heat exchanger networks by giving the detail of design.

Details

Journal of Engineering, Design and Technology , vol. 19 no. 4
Type: Research Article
ISSN: 1726-0531

Keywords

Article
Publication date: 1 December 2001

M. Subhas Abel, Sujit Kumar Khan and K.V. Prasad

Presents a numerical solution of the two‐dimensional laminar boundary layer problem on free and forced convection of an incompressible visco‐elastic fluid immersed in a porous…

Abstract

Presents a numerical solution of the two‐dimensional laminar boundary layer problem on free and forced convection of an incompressible visco‐elastic fluid immersed in a porous medium over a stretching sheet. Here, the driving force for the flow is provided by an impermeable sheet stretched with a velocity proportional to the distance from a slit and buoyancy effects due to both temperature and concentration gradients. The resultant governing boundary layer equations are highly non‐linear and coupled form of partial differential equations, and they have been solved by employing a numerical shooting technique with fourth order Runge‐Kutta integration scheme. Numerical computations are carried out for the non‐dimensional physical parameters. The results are analyzed for the effect of different physical parameters like visco‐elasticity, permeability of the porous medium, Grashof number, Schmidt number and Prandtl number on the flow, heat and mass transfer characteristics. One of the several important observations is that the combined effect of thermal diffusion and diffusion of species is to increase the horizontal velocity profile and to decrease the temperature and concentration profiles in the boundary layer flow field.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 11 no. 8
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 17 May 2021

Wenliang Fan, Wei Shen, Qingbin Zhang and Alfredo H.-S. Ang

The purpose of this study is to improve the efficiency and accuracy of response surface method (RSM), as well as its robustness.

Abstract

Purpose

The purpose of this study is to improve the efficiency and accuracy of response surface method (RSM), as well as its robustness.

Design/methodology/approach

By introducing cut-high-dimensional representation model (HDMR), the delineation of cross terms and the constitution analysis of component function, a new adaptive RSM is presented for reliability calculation, where a sampling scheme is also proposed to help constructing response surface close to limit-state.

Findings

The proposed method has a more feasible process of evaluating undetermined coefficients of each component function than traditional RSM, and performs well in terms of balancing the efficiency and accuracy when compared to the traditional second-order polynomial RSM. Moreover, the proposed method is robust on the parameter in a wide range, indicating that it is able to obtain convergent result in a wide feasible domain of sample points.

Originality/value

This study constructed an adaptive bivariate cut-HDMR by introducing delineation of cross-terms and constitution of univariate component function; and a new sampling technique is proposed.

Details

Engineering Computations, vol. 38 no. 3
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 9 October 2019

Sunil Kumar Tumma and Bheema Rao Nistala

The purpose of this paper is to design an on-chip inductor with high inductance, high-quality factor and high self-resonance frequency for the equivalent on-chip area using…

Abstract

Purpose

The purpose of this paper is to design an on-chip inductor with high inductance, high-quality factor and high self-resonance frequency for the equivalent on-chip area using fractal curves.

Design/methodology/approach

A novel hybrid series stacked differential fractal inductor using Hilbert and Sierpinski fractal curves is proposed with two different layers connected in series using vias. The inductor is implemented in Sonnet EM simulator using 180 nm CMOS standard process technology.

Findings

The proposed inductor reduces the parasitic capacitance and negative mutual inductance between the adjacent layers with significant improvement in overall inductance, quality factor and self-resonance frequency when compared with conventional series stacked fractal inductors.

Research limitations/implications

The fractal inductor is used to create high inductance in the single-layer process, but access to multilayers is restricted owing to unusual and expensive fabrication processes.

Practical implications

The proposed inductor can be used in implementation of low noise amplifier, voltage controlled oscillators and power amplifiers.

Originality/value

This paper introduces a combination of two fractal curves to implement a hybrid fractal inductor that enhances the performance of the inductor.

Details

Circuit World, vol. 46 no. 2
Type: Research Article
ISSN: 0305-6120

Keywords

Article
Publication date: 28 April 2020

Wenliang Fan, Wentong Zhang, Min Li, Alfredo H.-S. Ang and Zhengliang Li

Based on univariate dimension-reduction model, this study aims to propose an adaptive anisotropic response surface method (ARSM) and its high-order revision (HARSM) to balance the…

Abstract

Purpose

Based on univariate dimension-reduction model, this study aims to propose an adaptive anisotropic response surface method (ARSM) and its high-order revision (HARSM) to balance the accuracy and efficiency for response surface method (RSM).

Design/methodology/approach

First, judgment criteria for the constitution of a univariate function are derived mathematically, together with the practical implementation. Second, by combining separate polynomial approximation of each component function of univariate dimension-reduction model with its constitution analysis, the anisotropic ARSM is proposed. Third, the high-order revision for component functions is introduced to improve the accuracy of ARSM, namely, HARSM, in which the revision is also anisotropic. Finally, several examples are investigated to verify the accuracy, efficiency and convergence of the proposed methods, and the influence of parameters on the proposed methods is also performed.

Findings

The criteria for constitution analysis are appropriate and practical. Obtaining the undetermined coefficients for every component functions is easier than the existing RSMs. The existence of special component functions is useful to improve the efficiency of the ARSM. HARSM is helpful for improving accuracy significantly and it is more robust than ARSM and the existing quadratic polynomial RSMs and linear RSM. ARSM and HARSM can achieve appropriate balance between precision and efficiency.

Originality/value

The constitution of univariate function can be determined adaptively and the nonlinearity of different variables in the response surface can be treated in an anisotropic way.

Details

Engineering Computations, vol. 37 no. 9
Type: Research Article
ISSN: 0264-4401

Keywords

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