An alternative approach to firms’ evaluation: expert systems and fuzzy logic

Discounted Cash Flow techniques are the generally accepted methods for valuing firms. Such methods do not provide explicit acknowledgment of the value determinants and overlook their interrelations. This paper proposes a different method of firm valuation based on fuzzy logic and expert systems. It does represent a conceptual transposition of Discounted Cash Flow techniques but, unlike the latter, it takes explicit account of quantitative and qualitative variables and their mutual integration. Financial, strategic and business aspects are considered by focusing on twenty-nine value drivers that are combined together via “if-then” rules. The output of the system is a real number in the interval [0,1], which represents the value-creation power of the firm. To corroborate the model a sensitivity analysis is conducted. The system may be used for rating and ranking firms as well as for assessing the impact of managers’ decisions on value creation and as a tool of corporate governance.Firms’ evaluation, fuzzy logic, expert system, rating, acquisition, sensitivity analysis

Intelligent XML Tag Classification Techniques for XML Encryption Improvement

Flexibility, friendliness, and adaptability have been key components to use XML to exchange information across different networks providing the needed common syntax for various messaging systems. However excess usage of XML as a communication medium shed the light on security standards used to protect exchanged messages achieving data confidentiality and privacy. This research presents a novel approach to secure XML messages being used in various systems with efficiency providing high security measures and high performance. system model is based on two major modules, the first to classify XML messages and define which parts of the messages to be secured assigning an importance level for each tag presented in XML message and then using XML encryption standard proposed earlier by W3C [3] to perform a partial encryption on selected parts defined in classification stage. As a result, study aims to improve both the performance of XML encryption process and bulk message handling to achieve data cleansing efficiently

The use of fuzzy logic and expert systems for rating and pricing firms: a new perspective on valuation.

This paper presents an expert system aimed at evaluating firms and business units. It makes use of fuzzy logic and integrates financial, strategic, managerial aspects, processing both quantitative and qualitative information. Twenty-nine value drivers are explicitly taken into account and combined together via “if-then” rules to produce an output. The output is a real number in the interval [0,1], representing the value-creation power of the firm. The system may be used for rating, ranking and pricing firms as well as for assessing the impact of managers’ decisions on value creation and as a tool of corporate governance.Firm valuation, fuzzy logic, expert system, acquisition, rating, pricing

Development of accident prediction model by using artificial neural network (ANN)

Statistical or crash prediction model have frequently been used in highway safety studies. They can be used in identify major contributing factors or establish relationship between crashes and explanatory accident variables. The measurements to prevent accident are from the speed reduction, widening the roads, speed enforcement, or construct the road divider, or other else. Therefore, the purpose of this study is to develop an accident prediction model at federal road FT 050 Batu Pahat to Kluang. The study process involves the identification of accident blackspot locations, establishment of general patterns of accident, analysis of the factors involved, site studies, and development of accident prediction model using Artificial Neural Network (ANN) applied software which named NeuroShell2. The significant of the variables that are selected from these accident factors are checked to ensure the developed model can give a good prediction results. The performance of neural network is evaluated by using the Mean Absolute Percentage Error (MAPE). The study result showed that the best neural network for accident prediction model at federal road FT 050 is 4-10-1 with 0.1 learning rate and 0.2 momentum rate. This network model contains the lowest value of MAPE and highest value of linear correlation, r which is 0.8986. This study has established the accident point weightage as the rank of the blackspot section by kilometer along the FT 050 road (km 1 – km 103). Several main accident factors also have been determined along this road, and after all the data gained, it has successfully analyzed by using artificial neural network

Pembangunan dan penilaian modul berbantukan komputer bagi subjek pemasaran : Politeknik Port Dickson

Kajian ini bertujuan membangunkan Modul Berbantukan Komputer (MBK) bagi subjek Pemasaran. MBK ini dibangunkan dengan menggunakan pensian AutoPlay Media dan Flash MX. Sampel kajian ini terdiri daripada 30 orang pelajar Diploma Pemasaran di Politeknik Port Dickson. Data dikumpulkan melalui kaedah soal selidik dan dianalisis berdasarkan kekerpan, peratusan dan skor min dengan menggunakan perisian Statistical Package For Social Sciene (SPSS) versi 11.0. Dapatan kajian menunjukkan penilaian terhadap pembagunan MBK di dalam proses P&P adalah tinggi. Ini bermakna MBK ini sesuai digunakan di Politeknik Port Dickson di dalam proses P&P