20,626 research outputs found
Multi crteria decision making and its applications : a literature review
This paper presents current techniques used in Multi Criteria Decision Making (MCDM) and their applications. Two basic approaches for MCDM, namely Artificial Intelligence MCDM (AIMCDM) and Classical MCDM (CMCDM) are discussed and investigated. Recent articles from international journals related to MCDM are collected and analyzed to find which approach is more common than the other in MCDM. Also, which area these techniques are applied to. Those articles are appearing in journals for the year 2008 only. This paper provides evidence that currently, both AIMCDM and CMCDM are equally common in MCDM
Review and Comparison of Intelligent Optimization Modelling Techniques for Energy Forecasting and Condition-Based Maintenance in PV Plants
Within the field of soft computing, intelligent optimization modelling techniques include
various major techniques in artificial intelligence. These techniques pretend to generate new business
knowledge transforming sets of "raw data" into business value. One of the principal applications of
these techniques is related to the design of predictive analytics for the improvement of advanced
CBM (condition-based maintenance) strategies and energy production forecasting. These advanced
techniques can be used to transform control system data, operational data and maintenance event data
to failure diagnostic and prognostic knowledge and, ultimately, to derive expected energy generation.
One of the systems where these techniques can be applied with massive potential impact are the
legacy monitoring systems existing in solar PV energy generation plants. These systems produce a
great amount of data over time, while at the same time they demand an important e ort in order to
increase their performance through the use of more accurate predictive analytics to reduce production
losses having a direct impact on ROI. How to choose the most suitable techniques to apply is one of
the problems to address. This paper presents a review and a comparative analysis of six intelligent
optimization modelling techniques, which have been applied on a PV plant case study, using the
energy production forecast as the decision variable. The methodology proposed not only pretends
to elicit the most accurate solution but also validates the results, in comparison with the di erent
outputs for the di erent techniques
Part 3: Systemic risk in ecology and engineering
The Federal Reserve Bank of New York released a report -- New Directions for Understanding Systemic Risk -- that presents key findings from a cross-disciplinary conference that it cosponsored in May 2006 with the National Academy of Sciences' Board on Mathematical Sciences and Their Applications. ; The pace of financial innovation over the past decade has increased the complexity and interconnectedness of the financial system. This development is important to central banks, such as the Federal Reserve, because of their traditional role in addressing systemic risks to the financial system. ; To encourage innovative thinking about systemic issues, the New York Fed partnered with the National Academy of Sciences to bring together more than 100 experts on systemic risk from 22 countries to compare cross-disciplinary perspectives on monitoring, addressing and preventing this type of risk. ; This report, released as part of the Bank's Economic Policy Review series, outlines some of the key points concerning systemic risk made by the various disciplines represented - including economic research, ecology, physics and engineering - as well as presentations on market-oriented models of financial crises, and systemic risk in the payments system and the interbank funds market. The report concludes with observations gathered from the sessions and a discussion of potential applications to policy. ; The three papers presented in this conference session highlighted the positive feedback effects that produce herdlike behavior in markets, and the subsequent discussion focused in part on means of encouraging heterogeneous investment strategies to counter such behavior. Participants in the session also discussed the types of models used to study systemic risk and commented on the challenges and trade-offs researchers face in developing their models.Financial risk management ; Financial markets ; Financial stability ; Financial crises
Architecture of Environmental Risk Modelling: for a faster and more robust response to natural disasters
Demands on the disaster response capacity of the European Union are likely to
increase, as the impacts of disasters continue to grow both in size and
frequency. This has resulted in intensive research on issues concerning
spatially-explicit information and modelling and their multiple sources of
uncertainty. Geospatial support is one of the forms of assistance frequently
required by emergency response centres along with hazard forecast and event
management assessment. Robust modelling of natural hazards requires dynamic
simulations under an array of multiple inputs from different sources.
Uncertainty is associated with meteorological forecast and calibration of the
model parameters. Software uncertainty also derives from the data
transformation models (D-TM) needed for predicting hazard behaviour and its
consequences. On the other hand, social contributions have recently been
recognized as valuable in raw-data collection and mapping efforts traditionally
dominated by professional organizations. Here an architecture overview is
proposed for adaptive and robust modelling of natural hazards, following the
Semantic Array Programming paradigm to also include the distributed array of
social contributors called Citizen Sensor in a semantically-enhanced strategy
for D-TM modelling. The modelling architecture proposes a multicriteria
approach for assessing the array of potential impacts with qualitative rapid
assessment methods based on a Partial Open Loop Feedback Control (POLFC) schema
and complementing more traditional and accurate a-posteriori assessment. We
discuss the computational aspect of environmental risk modelling using
array-based parallel paradigms on High Performance Computing (HPC) platforms,
in order for the implications of urgency to be introduced into the systems
(Urgent-HPC).Comment: 12 pages, 1 figure, 1 text box, presented at the 3rd Conference of
Computational Interdisciplinary Sciences (CCIS 2014), Asuncion, Paragua
Continuous maintenance and the future – Foundations and technological challenges
High value and long life products require continuous maintenance throughout their life cycle to achieve required performance with optimum through-life cost. This paper presents foundations and technologies required to offer the maintenance service. Component and system level degradation science, assessment and modelling along with life cycle ‘big data’ analytics are the two most important knowledge and skill base required for the continuous maintenance. Advanced computing and visualisation technologies will improve efficiency of the maintenance and reduce through-life cost of the product. Future of continuous maintenance within the Industry 4.0 context also identifies the role of IoT, standards and cyber security
Coordination approaches and systems - part I : a strategic perspective
This is the first part of a two-part paper presenting a fundamental review and summary of research of design coordination and cooperation technologies. The theme of this review is aimed at the research conducted within the decision management aspect of design coordination. The focus is therefore on the strategies involved in making decisions and how these strategies are used to satisfy design requirements. The paper reviews research within collaborative and coordinated design, project and workflow management, and, task and organization models. The research reviewed has attempted to identify fundamental coordination mechanisms from different domains, however it is concluded that domain independent mechanisms need to be augmented with domain specific mechanisms to facilitate coordination. Part II is a review of design coordination from an operational perspective
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