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31 articles for “Stochastic Analysis”
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Research ArticleOpen accessIn the abstractApplications of Conditional Value at Risk to Full Truckload Pricing Under Demand and Service Time UncertaintiesThitima Wonginta, Sompong SirisoponsilpProblem statement: Pricing is one of the fundamental management decisions required by a truckload carrier. Traditional pricing based on an average all relevant costs including fixed and variable costs is not capable of providing adequate margins that prevent losses during operation uncertainties inherent in truckload operation including demand variability and variation in service times. Approach: This study utilizes Conditional Value … …American Journal of Engineering and Applied Sciences, Vol. 4, Issue 1 · 28 Jan 2011 · 8,333 accessesView PDFCite
Research ArticleOpen accessIn the abstractVisual Curvatures of H1N1 Incidences in African, Asian, European, American and Oceanic NationsRamalingam ShanmugamThe World Health Organization (WHO) was worried about the outbreak of H1N1 epidemic worldwide as it consumed several human lives. In a novel manner, this article defines, computes and illustrates the effectiveness of health administrators’ efforts to extinguish pandemic H1N1 using curvature concept. Data on weekly incidences of H1N1 in year 2009 among the nations in Africa, Asia, Europe, Americas … …Current Research in Medicine, Vol. 6, Issue 2 · 29 Oct 2015 · 6,942 accessesView PDFCite
Research ArticleOpen accessIn the abstractTHE EFFECT OF AGRICULTURAL EXTENSION SERVICE ON THE TECHNICAL EFFICIENCY OF TEFF (ERAGROSTISTEF) PRODUCERS IN ETHIOPIAAsres Elias, Makoto Nohmi, Kumi Yasunobu et al.Teff (Eragrostistef) is a major staple food crop in Ethiopia, but smallholder teff production is characterized by persistently low average yield. A major government effort aimed at raising the productivity and competitiveness of smallholder agriculture in Ethiopia involved reforming and implementing agricultural extension service known as Participatory Demonstration and Training Extension System (PADETES). Therefore, this study investigates the effect of … …American Journal of Applied Sciences, Vol. 11, Issue 2 · 21 Dec 2013 · 9,522 accessesView PDFCite
Research ArticleOpen accessIn the abstractImpact of Human Immune Deficiency Virus and Acquired Immune Deficiency Syndrome on Farm HouseholdsOkezie Chukwukere Austin, Athenesius Onyekanma, Amir Hussin BaharuddinProblem statement: The impact of HIV/AIDS in Africa cut across all sectors of human development and it poses serious challenge to the survival of several vulnerable poor, whose livelihood depends solely on agriculture. This study is an attempt to contribute to the understanding of HIV/AIDS by investigating household vulnerablity and its impact on production variability in farm households. Approach: A … …American Journal of Infectious Diseases, Vol. 7, Issue 2 · 17 Sep 2011 · 8,001 accessesView PDFCite
Research ArticleOpen accessIn the abstractTechnical Efficiency of Chili ProductionA. S.M. Anwarul Huq, Fatimah Mohamed ArshadProblem statement: Scarcity of resources has led to production economists to think about the reallocation of existing resources to produce a prescribed level of output with the minimum cost without changing the production technology. But there is a lack of information about the efficient use of inputs in chili production. Except for a few descriptive studies, econometric analysis has yet … …American Journal of Applied Sciences, Vol. 7, Issue 2 · 28 Feb 2010 · 8,596 accessesView PDFCite
Research ArticleOpen accessIn the abstractKernel Density Estimation for Interdeparture Time of GI/G/1 QueuesHsing Luh, Berlin WuThe departure process of a single queue has been studied since the 1960s. Due to its inherent complexity, closed form solutions for the distribution of the departure process are nearly intractable. In this study, kernel type estimators of the density of interdeparture time in a GI/G/1 queue are studied. Uniform strong consistency of the estimators in a GI/G/1 queue and … …Journal of Mathematics and Statistics, Vol. 1, Issue 1 · 31 Mar 2005 · 6,585 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordAI-Integrated Probabilistic Optimization for Inventory Control Under Stochastic DemandJanardan BeheraThe identification and operationalization of increasingly nonstationary and volatile demand patterns challenge the conduct of inventory management in contemporary supply chains. The classical models, especially EOQ and static policies, rest on the stability of demand assumptions, either deterministically or distributionally, and are hence less apt under real-world uncertainty. In view of these limitations, the present study puts forward an integrated … …Journal of Mathematics and Statistics, Vol. 22, Issue 1 · 6 May 2026 · 2,217 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordComputing MDR-Game with Applications to Real DataJimbo Henri Claver, Takeru Suzuki, Jesus Pascal et al.Originally developed for probability and statistic purposes, Multiple Dice Rolling (MDR) game turns out to be useful for many other applications such as complex biological systems and medical research. It has been mainly used to estimate system states that cannot be observed directly. MDR game is affected by noise and fluctuations. It is widely agreed that noise in dynamic systems … …Journal of Computer Science, Vol. 14, Issue 7 · 17 Jul 2018 · 7,789 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordA MATHEMATICAL ANALYSIS OF THE INCLUSION OF INSTITUTIONAL BETTING FUNDS INTO STOCK MARKET: THE CASE OF TECHNICAL AND FUNDAMENTAL PAYOFF MODELS IN HORSERACE BETTINGCraig George Leslie Hopf, Gurudeo Anand TularamHorserace win and place returns have yet to be considered seriously as portfolio inputs in financial trading markets. However there exist technical and fundamental stochastic models of parametric and nonparametric distribution that appear to optimize expected returns from win and place investing in the horserace wagering market. In this study, a complex number optimization technique is introduced and applied to … …Journal of Mathematics and Statistics, Vol. 10, Issue 3 · 23 Aug 2014 · 6,790 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordStochastic Behavior of Redundant Complex System with Two Types of FailureG. S. Mokaddis, M. Salah EL-Sherbeny, Entesar Al-EsayehProblem statement: This study presented the reliability and Mean Time To System Failure (MTTF) analysis of a two-state complex with repairable system, consisting of two sub-systems A and B arranged in series, incorporating the concept of hardware and human failures. The failure times of operating units and repair time of failed units were exponential distributed. Approach: Markov-renewal processes and properties … …Journal of Mathematics and Statistics, Vol. 5, Issue 2 · 30 Jun 2009 · 7,100 accessesView PDFCite