scholarly journals Global Hedging through Post-Decision State Variables

2017 ◽  
Vol 10 (3) ◽  
pp. 16
Author(s):  
Michèle Breton ◽  
Frédéric Godin
2018 ◽  
Vol 10 (4) ◽  
pp. 34-54
Author(s):  
Mirosław Zaborowski

Abstract This study demonstrates that integrated management and direct control systems may be organised as integrated enterprise process control (EntPC) systems, which are composed of self-controlling enterprise business processes. A business process has been defined as a control system for business activities, which are considered to be business processes of the lower level, or as base processes that are control systems for control plants in the form of infrastructure operations. An enterprise process also influences its delivery. This definition has been generally compared with definitions used in approaches of BPMN, YAWL, ARIS, DEMO and MERODE. Each enterprise process has its own controlling unit that contains one information unit and one decision unit, as well as memory places of the information-decision state variables that are processed by the business transitions that belong to these units. The i-d state variables are attributes of business objects, i.e. business units, business roles, business activities, business accounts and business products. Their values are transferred between business transitions that belong to the same or different controlling units. Relationships between business objects, business transitions and i-d state variables, as well as the other most important concepts of the EntPC system framework (EntPCF), are presented in this paper as the class diagrams of the enterprise process control language (EntPCL).


1993 ◽  
Vol 70 (06) ◽  
pp. 0998-1004 ◽  
Author(s):  
Páll T Önundarson ◽  
H Magnús Haraldsson ◽  
Lena Bergmann ◽  
Charles W Francis ◽  
Victor J Marder

SummaryThe relationship between lytic state variables and ex vivo clot lysability was investigated in blood drawn from patients during streptokinase administration for acute myocardial infarction. A lytic state was already evident after 5 min of treatment and after 20 min the plasminogen concentration had decreased to 24%, antiplasmin to 7% and fibrinogen 0.2 g/1. Lysis of radiolabeled retracted clots in the patient plasmas decreased from 37 ± 8% after 5 min to 21 ± 8% at 10 min and was significantly lower (8 ± 9%, p <0.005) in samples drawn at 20, 40 and 80 min. Clot lysability correlated positively with the plasminogen concentration (r = 0.78, p = 0.003), but not with plasmin activity. Suspension of radiolabeled clots in normal plasma pre-exposed to 250 U/ml two-chain urokinase for varying time to induce an in vitro lytic state was also associated with decreasing clot lysability in direct proportion with the duration of prior plasma exposure to urokinase. The decreased lysability correlated with the time-dependent reduction in plasminogen concentration (r = 0.88, p <0.0005). Thus, clot lysability decreases in conjunction with the development of the lytic state and the associated plasminogen depletion. The lytic state may therefore limit reperfusion during thrombolytic treatment.


Author(s):  
Roman Chertovskih ◽  
Anna Daryina ◽  
Askhat Diveev ◽  
Dmitry Karamzin ◽  
Fernando L. Pereira ◽  
...  

2019 ◽  
Vol 2 (2) ◽  
pp. 26-32
Author(s):  
Kakhraman R. ALLAYEV ◽  
◽  
Akram M. MIRZABAYEV ◽  
Takhir F. MAKHMUDOV ◽  
Temur A. MAKHKAMOV ◽  
...  

2013 ◽  
Vol 21 (3) ◽  
pp. 51-61 ◽  
Author(s):  
Mirosław Belej

Abstract The real estate market is an open system, which implies that it is able to exchange signals with other open systems and dynamic systems. The evolution of a market system over time can be described mathematically. If the system's sensitivity threshold to external stimuli is exceeded, it becomes destabilized and moves from a near-balanced state to a state that is far from equilibrium. Those dynamic processes often induce key changes in the system's trajectory of evolution. In search of equilibrium, the system becomes transformed in a process of discontinuous and discrete changes in state variables. The above statement constitutes the research hypothesis in this article. In this study, an attempt was made to develop a mathematical model for visualizing the evolutionary path of the real estate market in the form of continuous changes interrupted by discontinuous changes. The qualitative transformation of the system will be evaluated with the use of the catastrophe theory.


2003 ◽  
Vol 48 (4) ◽  
pp. 139-146 ◽  
Author(s):  
B. Wett ◽  
J. Alex

A separate rejection water treatment appears as a high-tech unit process which might be recommendable only for specific cases of an upgrading of an existing wastewater treatment plant. It is not the issue of this paper to consider a specific separate treatment process itself but to investigate the influence of such a process on the overall plant performance. A plant-wide model has been applied as an innovative tool to evaluate effects of the implemented sidestream strategy on the mainstream treatment. The model has been developed in the SIMBA environment and combines acknowledged mathematical descriptions of the activated sludge process (ASM1) and the anaerobic mesophilic digestion (Siegrist model). The model's calibration and validation was based on data from 5 years of operating experience of a full-scale rejection water treatment. The impact on the total N-elimination efficiency is demonstrated by detailed nitrogen mass flow schemes including the interactions between the wastewater and the sludge lane. Additionally limiting conditions due to dynamic N-return loads are displayed by the model's state variables.


Author(s):  
Héctor Botero ◽  
Hernán Álvarez

This paper proposes a new composite observer capable of estimating the states and unknown (or changing) parameters of a chemical process, using some input-output measurements, the phenomenological based model and other available knowledge about the process. The proposed composite observer contains a classic observer (CO) to estimate the state variables, an observer-based estimator (OBE) to obtain the actual values of the unknown or changing parameters needed to tune the CO, and an asymptotic observer (AO) to estimate the states needed as input to the OBE. The proposed structure was applied to a CSTR model with three state variables. With the proposed structure, the concentration of reactants and other CSTR parameters can be estimated on-line if the reactor and jacket temperatures are known. The procedure for the design of the proposed structure is simple and guarantees observer convergence. In addition, the convergence speed of state and parameter estimation can be adjusted independently.


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