Empirical Relationship between Operational Efficiency and Profitability (Evidence from Pakistan Exploration Sector)

This study is a part of our course work. In this study the operational efficiency of firms is checked against profitability. For the purpose of research oil and gas sector of Pakistan stock exchange is selected. Six years data from 2010-2015 is collected through financial reports of companies. Since efficiency can be measured through several financial ratios. In this article total asset turnover, fixed assets turnover, debtors turnover are used as explanatory variables and current ratio and quick ratio as control variables. The profitability of firms is measured through return on equity. Ordinary least square, correlation matrix and descriptive statistics are used to describe the findings of the study and features of the data. The results of the study show that the total assets turnover, debtors turnover and quick ratio have strong negative impacts on the profitability measured by ROE, of firms. The current ratio and fixed asset turnover have positive impacts on the return on equity. The results of the study support the hypothesis that efficiency as measured by (total assets turnover, debtors’ turnover, quick ratio current ratio and fixed asset turnover) has impacts on the profitability of firms

War Making and State Making in Pakistan

Since Charles Tilly’s (1985) articulation of stage-wise development of modern European state through war making, a large body of scholarship has attempted to elaborate on a similar process in developing world (Rasler and Thompson 1985, 1989; Mann 1988; Kirby and Ward 1991; Jagger 1992; Stubbs 1999; Bates, 2001). This scholarship demonstrates affirmative positive connections between war making and state building in developing countries. Another offshoot of this scholarship goes to the extent of claiming that the absence (of threat) of war or inter-national rivalry might lead to a relatively weak state (Desch 1996; Herbst 2000; Lustick 1997). The primary argument of this approach—the bellicist approach—is that warfare stimulates state building: the centralization of state power, the building of institutional capacity, and the generation of resources. However, a number of scholars have also critiqued the approach, especially in the context of Latin America that is rife with wars and internal revolts, that Tilly’s model does not re-produce itself in developing countries (Lopez-Alves 2000, Centeno 2002). In this theoretical and empirical context, we study the case of Pakistan, which we believe exhibits obvious connection between war making and state-building. We argue the conventional wars did produce stimulus for state building, but that the unconventional wars did not. The latter put the state astride a vicious cycle of only war making, which it is feared might end up in state failure.&nbsp

A Weft Knit Data Glove

Rehabilitation of stoke survivors can be expedited by employing an exoskeleton. The exercises are designed such that both hands move in synergy. In this regard often motion capture data from the healthy hand is used to derive control behaviour for the exoskeleton. Therefore, data gloves can provide a low-cost solution for the motion capture of the joints in the hand. However, current data gloves are bulky, inaccurate or inconsistent. These disadvantages are inherited because the conventional design of a glove involves an external attachment that degrades overtime and causes inaccuracies. This paper presents a weft knit data glove whose sensors and support structure are manufactured in the same fabrication process thus removing the need for an external attachment. The glove is made by knitting multifilament conductive yarn and an elastomeric yarn using WholeGarment technology. Furthermore, we present a detailed electromechanical model of the sensors alongside its experimental validation. Additionally, the reliability of the glove is verified experimentally. Lastly, machine learning algorithms are implemented for classifying the posture of hand on the basis of sensor data histograms

Fine Timing and Frequency Synchronization for MIMO-OFDM: An Extreme Learning Approach

Multiple-input multiple-output orthogonal frequency-division multiplexing (MIMO-OFDM) is a key technology component in the evolution towards cognitive radio (CR) in next-generation communication in which the accuracy of timing and frequency synchronization significantly impacts the overall system performance. In this paper, we propose a novel scheme leveraging extreme learning machine (ELM) to achieve high-precision synchronization. Specifically, exploiting the preamble signals with synchronization offsets, two ELMs are incorporated into a traditional MIMO-OFDM system to estimate both the residual symbol timing offset (RSTO) and the residual carrier frequency offset (RCFO). The simulation results show that the performance of the proposed ELM-based synchronization scheme is superior to the traditional method under both additive white Gaussian noise (AWGN) and frequency selective fading channels. Furthermore, comparing with the existing machine learning based techniques, the proposed method shows outstanding performance without the requirement of perfect channel state information (CSI) and prohibitive computational complexity. Finally, the proposed method is robust in terms of the choice of channel parameters (e.g., number of paths) and also in terms of "generalization ability" from a machine learning standpoint.Comment: 13 pages, 12 figures, has been accepted for publication in IEEE Transactions on Cognitive Communications and Networkin

Robotic Mobility Diversity Algorithm with Continuous Search Space

Small scale fading makes the wireless channel gain vary significantly over small distances and in the context of classical communication systems it can be detrimental to performance. But in the context of mobile robot (MR) wireless communications, we can take advantage of the fading using a mobility diversity algorithm (MDA) to deliberately locate the MR at a point where the channel gain is high. There are two classes of MDAs. In the first class, the MR explores various points, stops at each one to collect channel measurements and then locates the best position to establish communications. In the second class the MR moves, without stopping, along a continuous path while collecting channel measurements and then stops at the end of the path. It determines the best point to establish communications. Until now, the shape of the continuous path for such MDAs has been arbitrarily selected and currently there is no method to optimize it. In this paper, we propose a method to optimize such a path. Simulation results show that such optimized paths provide the MDAs with an increased performance, enabling them to experience higher channel gains while using less mechanical energy for the MR motion

Performance Analysis of UAV Enabled Disaster Recovery Networks: A Stochastic Geometric Framework Based on Cluster Processes

In this paper, we develop a comprehensive statistical framework to characterize and model large-scale unmanned aerial vehicle-enabled post-disaster recovery cellular networks. In the case of natural or man-made disasters, the cellular network is vulnerable to destruction resulting in coverage voids or coverage holes. Drone-based small cellular networks (DSCNs) can be rapidly deployed to fill such coverage voids. Due to capacity and back-hauling limitations on drone small cells (DSCs), each coverage hole requires a multitude of DSCs to meet the shortfall coverage at a desired quality-of-service. Moreover, ground users also tend to cluster in hot-spots in a post-disaster scenario. Motivated by this fact, we consider the clustered deployment of DSCs around the site of a destroyed BS. Joint consideration partially operating BSs and deployed DSCs yields a unique topology for such public safety networks. Borrowing tools from stochastic geometry, we develop a statistical framework to quantify the down-link performance of a DSCN. Our proposed clustering mechanism extends the traditional Matern and Thomas cluster processes to a more general case, where cluster size is dependent upon the size of the coverage hole. We then employ the newly developed framework to find closed-form expressions (later verified by Monte-Carlo simulations) to quantify the coverage probability, area spectral efficiency, and the energy efficiency for the down-link mobile user. Finally, we explore several design parameters (for both of the adopted cluster processes) that address optimal deployment of the network (i.e., number of drones per cluster, drone altitudes, and transmit power ratio between the traditional surviving base stations and the drone base stations)

Statistical analysis of machining parameters on burr formation, surface roughness and energy consumption during milling of aluminium alloy Al 6061-T6

Due to the increasing demand for higher production rates in the manufacturing sector, there is a need to manufacture finished or near-finished parts. Burrs and surface roughness are the two most important indicators of the surface quality of any machined parts. In addition to this, there is a constant need to reduce energy consumption during the machining operation in order to reduce the carbon footprint. Milling is one of the most extensively used cutting processes in the manufacturing industry. This research was conducted to investigate the effect of machining parameters on surface roughness, burr width, and specific energy consumption. In the present research, the machining parameters were varied using the Taguchi L9 array design of experiments, and their influence on the response parameters, including specific cutting energy, surface finish, and burr width, was ascertained. The response trends of burr width, energy consumption, and surface roughness with respect to the input parameters were analyzed using the main effect plots. Analysis of variance indicated that the cutting speed has contribution ratios of 55% and 47.98% of the specific cutting energy and burr width on the down-milling side, respectively. On the other hand, the number of inserts was found to be the influential member, with contribution ratios of 68.74% and 35% of the surface roughness and burr width on the up-milling side. The validation of the current design of the experiments was carried out using confirmatory tests in the best and worst conditions of the output parameters.Web of Science1522art. no. 806

Precision Agriculture Techniques and Practices: From Considerations to Applications

Internet of Things (IoT)-based automation of agricultural events can change the agriculture sector from being static and manual to dynamic and smart, leading to enhanced production with reduced human efforts. Precision Agriculture (PA) along with Wireless Sensor Network (WSN) are the main drivers of automation in the agriculture domain. PA uses specific sensors and software to ensure that the crops receive exactly what they need to optimize productivity and sustainability. PA includes retrieving real data about the conditions of soil, crops and weather from the sensors deployed in the fields. High-resolution images of crops are obtained from satellite or air-borne platforms (manned or unmanned), which are further processed to extract information used to provide future decisions. In this paper, a review of near and remote sensor networks in the agriculture domain is presented along with several considerations and challenges. This survey includes wireless communication technologies, sensors, and wireless nodes used to assess the environmental behaviour, the platforms used to obtain spectral images of crops, the common vegetation indices used to analyse spectral images and applications of WSN in agriculture. As a proof of concept, we present a case study showing how WSN-based PA system can be implemented. We propose an IoT-based smart solution for crop health monitoring, which is comprised of two modules. The first module is a wireless sensor network-based system to monitor real-time crop health status. The second module uses a low altitude remote sensing platform to obtain multi-spectral imagery, which is further processed to classify healthy and unhealthy crops. We also highlight the results obtained using a case study and list the challenges and future directions based on our work