ESTABLISHING THE MOST INFLUENCING CAUSES OF COMPANIES’ FINANCIAL HEALTH AND PERFORMANCE – A GREY FUZZY APPROACH

The core of our paperwork consists in construction of a model for determining a hierarchy of qualitative and quantitative causes that are influencing service companies’ financial health. While the quantitative causes are objectively measurable, the qualitative causes are mainly subjectively measurable, quantified based on some experts’ opinion. In order to reduce the degree of subjectivity, we took advantage of methods offered by fuzzy systems, mainly in construction of the expertons. Expertons are in fact intervals built using the ϕ-fuzzy sub-set and the opinion of several experts over a certain problem. Furthermore, after constructing the expertons, we use the methods offered by grey systems theory and fuzzy sub-sets arithmetic to determine the degree of influence of each qualitative and quantitative cause on company’s performance. By classifying the causes and acting on the most important of them, the activity of the analyst can be really improved and the company’s performance will rise.service companies; fuzzy sets; grey systems theory; fuzzy sub-sets arithmetic; financial health

Intensity modulated radiation therapy and arc therapy: validation and evolution as applied to tumours of the head and neck, abdominal and pelvic regions

Intensiteitsgemoduleerde radiotherapie (IMRT) laat een betere controle over de dosisdistributie (DD) toe dan meer conventionele bestralingstechnieken. Zo is het met IMRT mogelijk om concave DDs te bereiken en om de risico-organen conformeel uit te sparen. IMRT werd in het UZG klinisch toegepast voor een hele waaier van tumorlocalisaties. De toepassing van IMRT voor de bestraling van hoofd- en halstumoren (HHT) vormt het onderwerp van het eerste deel van deze thesis. De planningsstrategie voor herbestralingen en bestraling van HHT, uitgaande van de keel en de mondholte wordt beschreven, evenals de eerste klinische resultaten hiervan. IMRT voor tumoren van de neus(bij)holten leidt tot minstens even goede lokale controle (LC) en overleving als conventionele bestralingstechnieken, en dit zonder stralingsgeïnduceerde blindheid. IMRT leidt dus tot een gunstiger toxiciteitprofiel maar heeft nog geen bewijs kunnen leveren van een gunstig effect op LC of overleving. De meeste hervallen van HHT worden gezien in het gebied dat tot een hoge dosis bestraald werd, wat erop wijst dat deze “hoge dosis” niet volstaat om alle clonogene tumorcellen uit te schakelen. We startten een studie op, om de mogelijkheid van dosisescalatie op geleide van biologische beeldvorming uit te testen. Naast de toepassing en klinische validatie van IMRT bestond het werk in het kader van deze thesis ook uit de ontwikkeling en het klinisch opstarten van intensiteitgemoduleerde arc therapie (IMAT). IMAT is een rotationele vorm van IMRT (d.w.z. de gantry draait rond tijdens de bestraling), waarbij de modulatie van de intensiteit bereikt wordt door overlappende arcs. IMAT heeft enkele duidelijke voordelen ten opzichte van IMRT in bepaalde situaties. Als het doelvolume concaaf rond een risico-orgaan ligt met een grote diameter, biedt IMAT eigenlijk een oneindig aantal bundelrichtingen aan. Een planningsstrategie voor IMAT werd ontwikkeld, en type-oplossingen voor totaal abdominale bestraling en rectumbestraling werden onderzocht en klinisch toegepast

Relational Research between China’s Marine S&T and Economy Based on RPGRA Model

To make up the defect of the existing model, an improved grey relational model based on radian perspective (RPGRA) is put forward. According to the similarity of the relative change trend of time series translating traditional grey relational degree into radian algorithm within different piecewise functions, it greatly improves the accuracy and validity of the research results by making full use of the poor information in time series. Meanwhile, the properties of the RPGRA were discussed. The relationship between China’s marine S&T and marine economy is researched using the new model, so the validity and creditability of RPGRA are illustrated. The empirical results show that marine scientific and technological research projects, marine scientific and technological patents granted, and research funds receipts of the marine scientific research institutions have greater relationship with GOP, which indicates that they have more impact on China’s marine economy

Suitability of ground-based SfM-MVS for monitoring glacial and periglacial processes

Photo-based surface reconstruction is rapidly emerging as an alternative survey technique to lidar (light detection and ranging) in many fields of geoscience fostered by the recent development of computer vision algorithms such as structure from motion (SfM) and dense image matching such as multi-view stereo (MVS). The objectives of this work are to test the suitability of the ground-based SfM-MVS approach for calculating the geodetic mass balance of a 2.1km2 glacier and for detecting the surface displacement of a neighbouring active rock glacier located in the eastern Italian Alps. The photos were acquired in 2013 and 2014 using a digital consumer-grade camera during single-day field surveys. Airborne laser scanning (ALS, otherwise known as airborne lidar) data were used as benchmarks to estimate the accuracy of the photogrammetric digital elevation models (DEMs) and the reliability of the method. The SfM-MVS approach enabled the reconstruction of high-quality DEMs, which provided estimates of glacial and periglacial processes similar to those achievable using ALS. In stable bedrock areas outside the glacier, the mean and the standard deviation of the elevation difference between the SfM-MVS DEM and the ALS DEM was-0.42 \ub1 1.72 and 0.03 \ub1 0.74 m in 2013 and 2014, respectively. The overall pattern of elevation loss and gain on the glacier were similar with both methods, ranging between-5.53 and + 3.48 m. In the rock glacier area, the elevation difference between the SfM-MVS DEM and the ALS DEM was 0.02 \ub1 0.17 m. The SfM-MVS was able to reproduce the patterns and the magnitudes of displacement of the rock glacier observed by the ALS, ranging between 0.00 and 0.48 m per year. The use of natural targets as ground control points, the occurrence of shadowed and low-contrast areas, and in particular the suboptimal camera network geometry imposed by the morphology of the study area were the main factors affecting the accuracy of photogrammetric DEMs negatively. Technical improvements such as using an aerial platform and/or placing artificial targets could significantly improve the results but run the risk of being more demanding in terms of costs and logistics

Fiscal policy and income redistribution in Latin America: Challenging the conventional wisdom

Conventional wisdom states that fiscal policy redistributes little in Latin America. Lower tax revenues and – above all – lower and less progressive transfers have been identified as the main cause. Existing studies show that, while in Europe the distribution of all transfers combined (cash and in-kind) is egalitarian, the bulk of transfers in Latin America accrue to the upper quintile. Through an in-depth fiscal incidence analysis applied to Argentina, Bolivia, Brazil, Mexico and Peru we argue that conventional wisdom may be wrong. First, the extent and effectiveness of income redistribution and poverty reduction, revenue-collection, and spending patterns vary so significantly across countries that speaking of ?Latin America? as a unity is misleading. The (after direct taxes and transfers) Gini, for example, declines by over 10 percent in Argentina but by only 2.4 percent in Bolivia. In Argentina, Brazil and Bolivia government revenues are close to 40 percent of GDP, whereas in Mexico and Peru they are around 20 percent. Social spending (excluding contributory pensions) as a share of GDP ranges from 17 percent in Brazil to 5.2 percent in Peru. Second, social spending does not accrue to the richest quintile. On the contrary, concentration coefficients for social spending are highly negative (progressive in absolute terms) for Argentina and slightly so for Bolivia and Mexico. In Brazil and Peru social spending is progressive in relative terms only. Third, there is no obvious correlation between the size of government and the size of social spending, on the one hand, and the extent and effectiveness of redistribution, on the other: government size is similar for Argentina and Bolivia but they are on opposite sides in terms of the extent of redistribution. Fourth, due to indirect taxes households are net payers to the ?fisc? beginning in the third decile in Bolivia and Brazil; for Argentina, Mexico and Peru this happens in the fifth decile. Fifth, corrective measures differ too: in Argentina, Bolivia and Brazil they may involve the reduction in revenues and total spending, while revenues and social spending (especially direct transfers to the poor) should be increased in Mexico and Peru. Bolivia and Brazil need to introduce changes to their tax and transfer system so that net payers to the ?fisc? start at higher incomes. All five countries need to improve the progressivity of their spending, including non-social spending components.fiscal incidence, fiscal policy, inequality, poverty, redistribution, social policy, taxes, transfers; Latin America, Argentina, Bolivia, Brazil, Mexico and Peru

LANDSAT-D investigations in snow hydrology

Work undertaken during the contract and its results are described. Many of the results from this investigation are available in journal or conference proceedings literature - published, accepted for publication, or submitted for publication. For these the reference and the abstract are given. Those results that have not yet been submitted separately for publication are described in detail. Accomplishments during the contract period are summarized as follows: (1) analysis of the snow reflectance characteristics of the LANDSAT Thematic Mapper, including spectral suitability, dynamic range, and spectral resolution; (2) development of a variety of atmospheric models for use with LANDSAT Thematic Mapper data. These include a simple but fast two-stream approximation for inhomogeneous atmospheres over irregular surfaces, and a doubling model for calculation of the angular distribution of spectral radiance at any level in an plane-parallel atmosphere; (3) incorporation of digital elevation data into the atmospheric models and into the analysis of the satellite data; and (4) textural analysis of the spatial distribution of snow cover

Improving Informational Bases of Performance Measurement with Grey Relation Analysis

Performance measurement (PM) needs objective empirical data with causal relevance in order to steer and control financial performance generation. In business practice, there is often a lack of such objective data. A surrogate might be collected subjectively based on data generated by questioning corporate experts. Such an involvement of subjects can rapidly lead to an immense extent of data that (partially) imply incomplete information. To handle this imperfection of data, the Grey systems theory (GST) and especially its element, the Grey relation analysis (GRA), seem to be methodologies able to improve informational bases for PM purposes. Therefore, GRA is able to reveal those performance indicators that considerably influence the corporate financial performance, the key performance indicators. GRA is able to supply valid results with only four data points of a time series. Hence, the GST provides an improvement of the PM framework in situations of incomplete information, which is demonstrated in the following

Changing characteristics of the water consumption structure in Nanjing city, Southern China

Understanding the changes in water consumption structure in order to take measures for demand control is very important for sustainable water resources management. In this study, using the Southern China area of Nanjing as an example, we employed the information entropy method to analyze the water consumption structure, as well as the grey incidence analysis to analyze synthetic incidence degree of the factors associated with agricultural, industrial, domestic, and ecological water consumption. The results show that the degree of balance among water consumption sectors has increased from 0.755 to 0.825 between 1993 and 2014. Gradual decrease of the relative proportion of a single water user structure in a water consumption system has made the utilization of water resources in Nanjing rational and diversified. The study identifies three stages of transformation of water structure in Nanjing, namely, a growth period from 1993 to 2002, an adjustment period from 2003 to 2010, and another growth period from 2011 to 2014. The synthetic incidence degree analysis indicates that adjustments of the agricultural and industrial water consumption as well as water saving measures are the main factors that affected water consumption structure in Nanjing. It is expected that the results obtained from this study will provide references to optimize the utilization of urban water resources

A grey approach to predicting healthcare performance

© 2018 Elsevier Ltd The success of an organization or a particular activity is evaluated through the measurement of key performance indicators (KPIs). The aim of this paper is to analyze and predict the indicators of healthcare performance using grey systems theory. Recent advancements in science and technology have made the healthcare industry extremely efficient at collecting data using electronic claims systems such as electronic health records. Therefore, collecting field level primary data becomes easier and accumulate them to generate secondary data for research purpose and to get an insight of the organization performance is absolutely necessary. Our research analyzes the KPIs of a hospital based on a secondary data source. Since, secondary data contains uncertainty and sometimes poor information, grey prediction model suits best to make a prediction model in this regard. Conventional grey model has considerable drawbacks while making a rigorous prediction model. For this, we apply an improved grey prediction model to predict the KPIs of the healthcare performance indicators. Several error measures in our model give a best fit of the data and allow prediction of the KPIs. The prediction model gives good estimates of the quantitative indicators and produced error rate within an acceptable range. We observe that the KPIs of bed turnover rate (BTR) and bed occupancy rate (BOR) have an increasing trend, whereas the KPIs of average length of stay (ALOS), hospital death rate (HDR) and hospital infection rate (HIR) show a decreasing trend over time. The main contribution of this research is a grey-based prediction model that can provide managers with the information they need to evaluate and predict the performance of a hospital. The research indicates that managers should give greater priority to the indicators which will result in better patients’ satisfaction and improved profit margin. Healthcare managers striving towards better performance will now have an empirical basis upon which to formulate and adjust their strategies, after analyzing the predicted value