Shib Sankar Giri, Kalidas Das and Prabir Kumar Kundu
The purpose of this paper is to discuss the flow and heat transference of unsteady nanofluid thin film flow due to linear stretching velocity over a horizontally placed stretching…
Abstract
Purpose
The purpose of this paper is to discuss the flow and heat transference of unsteady nanofluid thin film flow due to linear stretching velocity over a horizontally placed stretching sheet in corporation of aligned magnetic field and non-uniform heat source/sink.
Design/methodology/approach
Leading equations of the course have been normalized via similarity approach and unraveled the resulting non-linear equations numerically by consuming RK-4 shooting practice to execute flow analysis.
Findings
A close agreement of two sets (for two different base fluids – polyvinyl alcohol and water) of result is perceived. The authors find that inclined magnetic field and nanoparticles concentration curbed velocity distribution which, in turn, causes enrichment of system of temperature distribution.
Originality/value
The paper acquires realistic numerical explanations in form of rapidly convergent series. The influence of emergent flow parameters on specific flow are made appropriately via graphs and charts. An unbiased result scrutiny of the existing section with formerly conveyed result is provided.
Details
Keywords
Katherinne Salas-Navarro, Jaime Acevedo-Chedid, Gina Mora Árquez, Whady F. Florez, Holman Ospina-Mateus, Shib Sankar Sana and Leopoldo Eduardo Cárdenas-Barrón
The purpose of this paper is to propose an economic production quantity (EPQ) inventory model considering imperfect items and probabilistic demand for a two-echelon supply chain…
Abstract
Purpose
The purpose of this paper is to propose an economic production quantity (EPQ) inventory model considering imperfect items and probabilistic demand for a two-echelon supply chain. The production process is imperfect and the imperfect quality items are removed from the lot size. The demand rate of the inventory system is random and follows an exponential probability density function and the demand of the retailers is depending on the initiatives of the sales team.
Design/methodology/approach
Two approaches are examined. In the non-collaborative approach, any member of the supply chain can be the leader and takes decisions to optimize the profits, and in the collaborative system, all members make joint decisions about the production, supply, sales and inventory to optimize the profits of the supply chain members. The calculus approach is applied to find the maximum profit related to the members of the supply chain.
Findings
A numerical example is presented to illustrate the performance of the EPQ model. The results show that collaborative approach generates greater profits to the supply chain and the market’s demand represents the variable behavior and uncertainty that is generated in the replenishment of a supply chain.
Originality/value
The new and major contributions of this research are: the inventory model considers demand for products is random variable which follows an exponential probability distribution function and it also depends on the initiatives of sales teams, the imperfect production system generates defective items, different cycle time are considered in manufacturer and retailers and collaborative and non-collaborative approaches are also studied.
Details
Keywords
Megha Agarwalla, Tarak Nath Sahu and Shib Sankar Jana
This study aims to establish the dynamic relationship between international crude oil prices and Indian stock prices represented by the Bombay Stock Exchange (BSE) energy index.
Abstract
Purpose
This study aims to establish the dynamic relationship between international crude oil prices and Indian stock prices represented by the Bombay Stock Exchange (BSE) energy index.
Design/methodology/approach
Using Johansen’s cointegration test, vector error correction (VEC) model, impulse response function and variance decomposition test the study tries to ascertain the short-term and long-term dynamic association between the oil price shock and the movement of stock price and Granger causality test is applied to find out the nature of causality.
Findings
Considering vector autoregression estimation, the present study analyzes the relationship between the variables and tries to make a valid conclusion. The result of the co-integration test exhibits the presence of a long-term association between these two macro-economic variables during the period under study. Also, in the short-run VEC Granger causality result reveals that the movement of international crude oil price significantly influences the Indian stock price.
Research limitations/implications
To get a more robust result the study can be further extended by taking a longer time period with data of shorter time-frequency such as daily or weekly and further by using more sophisticated econometric and statistical tools. Further, the study can be extended to firm-level investigation considering the forward trading concentration with the Indian oil basket.
Social implications
In today’s globalized era, forecasting of share price movement helps investors in predicting the market and invest accordingly. Through this liquidity of the markets enhance and markets become more active in the global arena.
Originality/value
This study represents fresh findings in the changing time period the linkage between crude oil prices and stock prices which are of value to the academicians, researchers, policymakers, investors, market regulators, etc.
Details
Keywords
Chandra Shekar Balla, C. Haritha, Kishan Naikoti and A.M. Rashad
The purpose of this paper is to investigate the bioconvection flow in a porous square cavity saturated with both oxytactic microorganism and nanofluids.
Abstract
Purpose
The purpose of this paper is to investigate the bioconvection flow in a porous square cavity saturated with both oxytactic microorganism and nanofluids.
Design/methodology/approach
The impacts of the effective parameters such as Rayleigh number, bioconvection number, Peclet number and thermophoretic force, Brownan motion and Lewis number reduces the flow strength in the cavity on the flow strength, oxygen density distribution, motile isoconcentrations and heat transfer performance are investigated using a finite volume approach.
Findings
The results obtained showed that the average Nusselt number is increased with Peclet number, Lewis number, Brownian motion and thermophoretic force. Also, the average Sherwood number increased with Brownian motion and Peclet number and decreased with thermophoretic force. It is concluded that the flow strength is pronounced with Rayleigh number, bioconvection number, Peclet number and thermophoretic force. Brownan motion and Lewis number reduce the flow strength in the cavity.
Originality/value
There is no published study in the literature about sensitivity analysis of Brownian motion and thermophoresis force effects on the bioconvection heat transfer in a square cavity filled by both nanofluid and oxytactic microorganisms.