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Article
Publication date: 9 December 2021

Sifeng Liu, Tao Liu, Wenfeng Yuan and Yingjie Yang

The purpose of this paper is to solve the dilemma in the process of major selection decision-making.

125

Abstract

Purpose

The purpose of this paper is to solve the dilemma in the process of major selection decision-making.

Design/methodology/approach

Firstly, the group of weight vector with kernel has been defined. Then, the weighted comprehensive clustering coefficient vector was calculated based on the group of weight vector with kernel. Under the action of weighted comprehensive clustering coefficient vector, the information including in other components around component k and supporting object i to be classified into the k-th category has been gathered to component k. At last, a novel two-stage decision model based on the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector is put forward to solve the dilemma in grey clustering evaluation. Then the overall evaluation conclusion can be consistent with the clustering result according to the rule of maximum value.

Findings

A new way to solve the dilemma in the process of major selection decision-making has been found. People can obtain a consistent result with two-stage decision model at the case of dilemma. That is, the conclusion of the overall evaluation is consistent with the clustering result according to the rule of maximum value.

Practical implications

Several functional groups of weight vector with kernel have been put forward. The proposed model can solve the clustering dilemma effectively and produce consistent results. A practical application of decision problem to solve the dilemma in supplier evaluation and selection of a key component of large commercial aircraft C919 have been completed by the novel two-stage decision model.

Originality/value

The two-stage decision model, the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector were presented in this paper firstly. People can solve the dilemma in grey clustering evaluation effectively by the novel two-stage decision model based on the group of weight vector with kernel and the weighted comprehensive clustering coefficient vector.

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Article
Publication date: 23 September 2019

Sifeng Liu, Wei Tang, Dejin Song, Zhigeng Fang and Wenfeng Yuan

The purpose of this paper is to present a novel GREY‒ASMAA model for reliability growth evaluation in the large civil aircraft test flight phase.

180

Abstract

Purpose

The purpose of this paper is to present a novel GREY‒ASMAA model for reliability growth evaluation in the large civil aircraft test flight phase.

Design/methodology/approach

As limited data are collected during the large civil aircraft test flight phase, which are not enough to meet the requirements of the ASMAA model for reliability growth, four basic GM(1, 1) models, even grey model, original difference grey model, even difference grey model and discrete grey model, are presented. Then both forward and backward grey models GM(1,1) are built to forecast and obtain virtual test data on left and right sides. Then the ASMAA model for reliability growth evaluation can be built based on original and virtual test data.

Findings

Aiming at the background of poor information data during the large civil aircraft test flight phase, first, a novel GREY‒ASMAA model, which was combined by the grey model GM(1,1) with the ASMAA model, has been put forward in this paper.

Practical implications

The GREY‒ASMAA model for reliability growth evaluation can be used to solve the problem of reliability growth evaluation with poor information data during the large civil aircraft test flight phase, and it has been used in reliability evaluation of C919 at the test flight stage.

Originality/value

This paper presents two new definitions of forward grey model GM(1,1) and backward grey model GM(1,1), as well as a novel GREY‒ASMAA model for reliability growth evaluation of large civil aircraft during test flight phase.

Details

Grey Systems: Theory and Application, vol. 10 no. 1
Type: Research Article
ISSN: 2043-9377

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Article
Publication date: 3 August 2012

Wenfeng Yuan, Sifeng Liu and Chaoqing Yuan

The paper attempts to establish a two‐dimension frame to analyze dynamic supplier risks of large‐scale and complex equipment and study the probability distribution of the…

652

Abstract

Purpose

The paper attempts to establish a two‐dimension frame to analyze dynamic supplier risks of large‐scale and complex equipment and study the probability distribution of the occurring risks.

Design/methodology/approach

Starting from the dynamic and correlated supplier risks of large‐scale and complex equipment, a two‐dimension frame to analyze these risks is established. A maximum entropy model is also built to research the probability distribution of the risks; then, K‐T conditions are proved to solve the model. A real case is also studied in the last part of the paper.

Findings

The results are convincing: in order to analyze the supplier risk dynamically of large‐scale and complex equipment development project, a two‐dimension analysis frame is established and a maximum entropy model is worked out. The case study shows that they are valuable.

Practical implications

The two‐dimension frame gives a new viewpoint for risk management, but also the maximum entropy model supplies a valuable method for risk management.

Originality/value

The paper succeeds in creating a dynamic analysis frame to study risks and building a new method to research the disciplines of the dynamic risks.

Details

Kybernetes, vol. 41 no. 7/8
Type: Research Article
ISSN: 0368-492X

Keywords

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Article
Publication date: 17 June 2021

Wenfeng Wu, Jianshe Song, Kexia Jiang and Hao Li

This paper aims to study the maintenance and replacement problem for a deteriorating repairable system with multiple vacations of one repairman. It proposes a new replacement…

187

Abstract

Purpose

This paper aims to study the maintenance and replacement problem for a deteriorating repairable system with multiple vacations of one repairman. It proposes a new replacement policy and establishes corresponding replacement models.

Design/methodology/approach

It is assumed that the repair after the system failures is not “as good as new” and the repairman is in multiple vacations. The reaching of the effective age of the system is assumed to be mutually stochastic at working state, waiting state for repair and being repaired state. Under these assumptions, a replacement policy based on the effective age of the system is applied. The long-run expected downtime per unit time and the long-run expected profit per unit time as objective functions are chosen, respectively. By using geometric process theory and renewal process theory, the mathematic models have been established and the explicit expressions of the long-run expected downtime per unit time and the long-run expected profit per unit time are derived, respectively.

Findings

The optimal replacement policy can be calculated and determined by the computer to minimize the expected downtime or maximize the expected profit. The minimum expected downtime per unit time and maximum expected profit per unit time can also be determined.

Originality/value

This replacement policy and mathematic models can be used as reference to the failure system maintenance and replacement.

Details

Journal of Quality in Maintenance Engineering, vol. 27 no. 4
Type: Research Article
ISSN: 1355-2511

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Article
Publication date: 24 October 2023

WenFeng Qin, Yunsheng Xue, Hao Peng, Gang Li, Wang Chen, Xin Zhao, Jie Pang and Bin Zhou

The purpose of this study is to design a wearable medical device as a human care platform and to introduce the design details, key technologies and practical implementation…

293

Abstract

Purpose

The purpose of this study is to design a wearable medical device as a human care platform and to introduce the design details, key technologies and practical implementation methods of the system.

Design/methodology/approach

A multi-channel data acquisition scheme based on PCI-E (rapid interconnection of peripheral components) was proposed. The flexible biosensor is integrated with the flexible data acquisition card with monitoring capability, and the embedded (device that can operate independently) chip STM32F103VET6 is used to realize the simultaneous processing of multi-channel human health parameters. The human health parameters were transferred to the upper computer LabVIEW by intelligent clothing through USB or wireless Bluetooth to complete the transmission and processing of clinical data, which facilitates the analysis of medical data.

Findings

The smart clothing provides a mobile medical cloud platform for wearable medical through cloud computing, which can continuously monitor the body's wrist movement, body temperature and perspiration for 24 h. The result shows that each channel is completely accurate to the top computer display, which can meet the expected requirements, and the wearable instant care system can be applied to healthcare.

Originality/value

The smart clothing in this study is based on the monitoring and diagnosis of textiles, and the electronic communication devices can cooperate and interact to form a wearable textile system that provides medical monitoring and prevention services to individuals in the fastest and most accurate way. Each channel of the system is precisely matched to the display screen of the host computer and meets the expected requirements. As a real-time human health protection platform technology, continuous monitoring of human vital signs can complete the application of human motion detection, medical health monitoring and human–computer interaction. Ultimately, such an intelligent garment will become an integral part of our everyday clothing.

Details

International Journal of Clothing Science and Technology, vol. 36 no. 1
Type: Research Article
ISSN: 0955-6222

Keywords

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Book part
Publication date: 9 October 2020

Tashfeen Hussain

Abstract

Details

Corporate Fraud Exposed
Type: Book
ISBN: 978-1-78973-418-8

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Book part
Publication date: 9 October 2020

Matthew Boland

Abstract

Details

Corporate Fraud Exposed
Type: Book
ISBN: 978-1-78973-418-8

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Article
Publication date: 7 October 2014

Shoujun Yin, Fangmei Lu, Yong Yang and Runtian Jing

The purpose of this paper is to provide an imprinting perspective of the organizational culture evolution at a large state-owned heavy equipment manufacturer. It aims at exploring…

4384

Abstract

Purpose

The purpose of this paper is to provide an imprinting perspective of the organizational culture evolution at a large state-owned heavy equipment manufacturer. It aims at exploring sensitive periods and the tension between persistence and decay of imprints.

Design/methodology/approach

It employs the case study approach. Both qualitative (interviews) and quantitative (survey) data were collected, from the directors, middle managements, and grass-roots staffs of Dong Fang Turbine Co. Ltd. Based on the set of four scenarios, both within-scenario analysis and cross-scenario analysis were conducted following the “replication logic.”

Findings

New survival threats are more possible to develop sensitive periods with new imprints than transition periods, and the authors suggest organizational culture can be divided into two categories as the institutional sensitive and the local community sensitive.

Originality/value

This study is not only an exploitation of imprinting theories, but also provides a different understanding of organizational evolution, especially in terms of imprints dynamic. Meanwhile, the case shows how institutional environment and local community has shaped differently the organizational culture.

Details

Journal of Organizational Change Management, vol. 27 no. 6
Type: Research Article
ISSN: 0953-4814

Keywords

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Article
Publication date: 29 August 2018

Haiyong Wu, Hui Huang and Xipeng Xu

The wear of an abrasive single-crystal diamond (SCD) grit affects the machining quality of the sapphire wafer. This paper aims to investigate the influence of crystallographic…

137

Abstract

Purpose

The wear of an abrasive single-crystal diamond (SCD) grit affects the machining quality of the sapphire wafer. This paper aims to investigate the influence of crystallographic orientation on the wear characteristics of SCD grit scratching on sapphire.

Design/methodology/approach

The wear characteristics of two SCD grits (SCD100 and SCD111) with different crystallographic orientations were systematically investigated. The wear mechanism involved in the scratching process was explored. The wear morphology, scratching forces and friction coefficient during the scratching process were measured and analyzed.

Findings

The experiment results show that the wear progress of the two SCD grits is obviously different. The wear resistance of SCD111 grit is greater than that of SCD100 grit in normal wear stage. However, the SCD100 grit could remove more sapphire material than SCD111 grit. The SCD grits mainly sustain extrusion stress and shear stress during scratching on sapphire. The crystallographic orientation of SCD grits plays a significant role in the wear progress during scratching on sapphire.

Originality/value

The results of the experimental studies could provide a theoretical foundation for improving the fabrication of abrasive diamond tools.

Details

Industrial Lubrication and Tribology, vol. 70 no. 8
Type: Research Article
ISSN: 0036-8792

Keywords

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Article
Publication date: 9 January 2023

Leilei Shi, Xinshuai Guo, Andrea Fenu and Bing-Hong Wang

This paper applies a volume-price probability wave differential equation to propose a conceptual theory and has innovative behavioral interpretations of intraday dynamic market…

793

Abstract

Purpose

This paper applies a volume-price probability wave differential equation to propose a conceptual theory and has innovative behavioral interpretations of intraday dynamic market equilibrium price, in which traders' momentum, reversal and interactive behaviors play roles.

Design/methodology/approach

The authors select intraday cumulative trading volume distribution over price as revealed preferences. An equilibrium price is a price at which the corresponding cumulative trading volume achieves the maximum value. Based on the existence of the equilibrium in social finance, the authors propose a testable interacting traders' preference hypothesis without imposing the invariance criterion of rational choices. Interactively coherent preferences signify the choices subject to interactive invariance over price.

Findings

The authors find that interactive trading choices generate a constant frequency over price and intraday dynamic market equilibrium in a tug-of-war between momentum and reversal traders. The authors explain the market equilibrium through interactive, momentum and reversal traders. The intelligent interactive trading preferences are coherent and account for local dynamic market equilibrium, holistic dynamic market disequilibrium and the nonlinear and non-monotone V-shaped probability of selling over profit (BH curves).

Research limitations/implications

The authors will understand investors' behaviors and dynamic markets through more empirical execution in the future, suggesting a unified theory available in social finance.

Practical implications

The authors can apply the subjects' intelligent behaviors to artificial intelligence (AI), deep learning and financial technology.

Social implications

Understanding the behavior of interacting individuals or units will help social risk management beyond the frontiers of the financial market, such as governance in an organization, social violence in a country and COVID-19 pandemics worldwide.

Originality/value

It uncovers subjects' intelligent interactively trading behaviors.

Details

China Finance Review International, vol. 13 no. 4
Type: Research Article
ISSN: 2044-1398

Keywords

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