Genetic Algorithm Based Optimal Testing Effort Allocation Problem for Modular Software

Size: px
Start display at page:

Download "Genetic Algorithm Based Optimal Testing Effort Allocation Problem for Modular Software"

Transcription

1 BIJIT - BVICAM s Inernaional Journal of Informaion Technology Bharai Vidyapeeh s Insiue of Compuer Applicaions and Managemen (BVICAM, ew Delhi Geneic Algorihm Based Opimal Tesing Effor Allocaion Problem for Modular Sofware Anu G. Aggarwal, P. K. Kapur 2, Gurjee Kaur 3 and Ravi Kumar 4 Absrac - Sofware reliabiliy growh models (SRGM are used o assess modular sofware quaniaively and predic he reliabiliy of each of he modules during module esing phase. In he las few decades various SRGM s have been proposed in lieraure. However, i is difficul o selec he bes model from a plehora of models available. To reduce his difficuly, unified modeling approaches have been proposed by many researchers. In his paper we presen a generalized framework for sofware reliabiliy growh modeling wih respec o esing effor expendiure and incorporae he fauls of differen severiy. e have used differen sandard probabiliy disribuion funcions for represening failure observaion and faul deecion/ correcion imes. The fauls in he sofware are labeled as simple, hard and complex fauls. Developing reliable modular sofware is necessary. Bu, a he same ime he esing effor available during he esing ime is limied. Consequenly, i is imporan for he projec manager o allocae hese limied resources among he modules opimally during he esing process. In his paper we have formulaed an opimizaion problem in which he oal number of fauls removed from modular sofware is (which include simple, hard and complex fauls maximized subjec o budgeary and reliabiliy consrains. To solve he opimizaion problem we have used geneic algorihm. One numerical example has been discussed o illusrae he soluion of he formulaed opimal effor allocaion problem. Index Terms - on-homogenous Poisson process, sofware reliabiliy growh model, Probabiliy Disribuion Funcions, Faul Severiy, Geneic Algorihm. ITRODUCTIO owadays large and complex sofware sysems are developed by inegraing a number of small and independen modules. Modules can be visualized as independen sofwares performing predefined asks, mosly developed by separae eams of programmers and someimes a differen geographical locaions. During he developmen of modular sofware, fauls can crop in he modules due o human imperfecion. These,2,3,4 Deparmen of Operaional Research, Universiy of Delhi, Delhi anuagg7@gmail.com, 2 pkkapur@gmail.com, 3 gurjeekaur85@gmail.com and 4 sianaravi@gmail.com Submied in April 200; Acceped in Sepember 20 fauls manifes hemselves in erms of failures when he modules are esed independenly during he module esing phase of sofware developmen life cycle. However, in oday s compuer invaded world hese failures can lead o big losses in erms of money, ime and life. Thus i is very imporan o evaluae sofware reliabiliy of each module during modular esing phase. To assess modular sofware quaniaively and predic he reliabiliy of each of he modules during module esing, sofware reliabiliy growh models (SRGM are used. umerous SRGM s, which relae he number of failures (faul idenified and he Execuion ime (CPU ime/calendar ime have been discussed in he lieraure [9,5,3]. All hese SRGMs assume ha he fauls in he sofware are of he same ype. However, his assumpion is no ruly represenaive of realiy. The sofware includes differen ypes of fauls, and each faul requires differen sraegies and differen amouns of esing effor for removal. Ohba [8] refined he Goel-Okumoo[] model by assuming ha he faul deecion/removal rae increases wih ime and ha here are wo ypes of fauls in he sofware. SRGM proposed by Biani e al. [22] and Kapur and Garg [3] has similar forms as ha of Ohba [8] bu hey developed under differen se of assumpions. These models can describe boh exponenial and S-shaped growh curves and herefore are ermed as flexible models [22, 8, 3]. Kapur e al. [6] developed Flexible sofware reliabiliy growh model wih esing effor dependen learning process in which wo ypes of sofware fauls were aken. Furher, hey proposed an SRGM wih hree ypes of fauls [9]. The firs ype of faul was modeled by an Exponenial model of Goel and Okumoo []. The second ype was modeled by Delayed S-shaped model of Yamada e al. [2]. The hird ype was modeled by a hreesage Erlang model proposed by Kapur e al. [9]. The oal removal phenomenon was modeled by he superposiion of he hree SRGMs. Shanawi and Kapur [] laer proposed a generalized model based on classificaion of he fauls in he sofware sysem according o heir removal complexiy. The above lieraure review reveals ha in he las few decades several SRGM s have been proposed. This plehora of SRGM s makes he model selecion a edious ask. To reduce his difficuly, unified modeling approaches have been proposed by many researchers. The work in his area sared as early as in 980s wih Shanikumar [4] proposing a Generalized birh process model. Gokhale and Trivedi [23] used Tesing coverage funcion o presen a unified framework and showed how HPP based models can be represened by probabiliy Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

2 Geneic Algorihm Based Opimal Tesing Effor Allocaion Problem for Modular Sofware disribuion funcions of faul deecion imes. Anoher unificaion mehodology is based on a sysemaic sudy of Faul deecion process (FDP and Faul correcion process (FCP where FCPs are described by deecion process wih ime delay. The idea of modeling FCP as a separae process following he FDP was firs used by Schneidewind [0]. More general reamen of his concep is due o Xie e al [9] who suggesed modeling of Faul deecion process as a HPP based SRGM followed by Faul correcion process as a delayed deecion process wih random ime lag. The unificaion scheme due o Kapur e al [7] is based on Cumulaive Disribuion Funcion for he deecion/correcion imes and incorporaes he concep of change poin in Faul deecion rae. These schemes have proved o be fruiful in obaining several exising SRGM by following single mehodology and hus presen a percepive invesigaion for he sudy of general models wihou making many assumpions. In his paper we made use of such unified scheme for presening a generalized framework for sofware reliabiliy growh modeling wih respec o esing effor expendiure and incorporae he fauls of differen severiy. e have used differen sandard probabiliy disribuion funcions for represening failure observaion and faul correcion imes Also, he oal number of fauls in he sofware are labeled as simple, hard and complex fauls.i is assumed ha he esing phase consiss of hree differen processes, namely failure observaion, faul isolaion and faul removal. The ime delay beween he failure observaion and subsequen removal is assumed o represen he severiy of he faul. Developing reliable modular sofware is necessary. Bu, a he same ime he esing effor available during he esing ime is limied. These esing effors include resources like human power, CPU hours, and elapsed ime, ec. Hence, o develop a good reliable sofware sysem, a projec manager mus deermine in advance how o effecively allocae hese resources among he various modules. Such opimizaion problems are called Resource Allocaion problems. Many auhors have invesigaed he problem of resource allocaion [2, 7]. Kapur e al [20, 5] sudied various resource allocaion problems maximizing he number of fauls removed form each module under consrain on budge and managemen aspiraions on reliabiliy for exponenial and S-shaped SRGMs [,9,8].In his paper we have formulaed an opimizaion problem in which he oal number of fauls removed from modular sofware is (which include simple, hard and complex fauls maximized subjec o budgeary and reliabiliy consrains. To solve he effor allocaion problem formulaed in his research paper we use Geneic Algorihm(GA. GA sands up a powerful ool for solving search & opimizaion problems. The complex non linear formulaion of he opimal effor allocaion problem is he reason behind choosing geneic algorihm as he solving ool. GA always considers a populaion of soluions. There is no paricular requiremen on he problem before using GA s, as i can be applied o solve any kind of problem. The paper is organized as follows. Secion 2 gives he generalized framework for developing he sofware reliabiliy growh model for fauls of differen severiy. In secion 3 parameer esimaion and model validaion of he proposed model is done hrough SPSS. The esing effor allocaion problem is formulaed in secion 4. In secion 5 geneic algorihm is presened for solving he discussed problem. Secion 6 illusraes he opimizaion problem soluion hrough a numerical example. Finally, conclusions are drawn and are given in secion oaions ( : Cumulaive esing effor in he inerval (0.]. w( : Curren esing-effor expendiure rae a esing ime. d ( = w ( d m j ( : Expeced number of fauls removed of ype j(j=simple, Hard, Complex Fauls. m( : Expeced number of oal fauls removed. b : Consan faul deecion rae. : rae of consumpion of esing-effor β λ ( : Inensiy funcion for Faul correcion process (FCP or Faul correcion rae per uni ime. G (, F (, H ( : Tesing effor dependen Probabiliy Disribuion Funcion for Failure observaion, Faul Deecion and Faul Correcion Times g (, f (, h ( : Tesing effor dependen Probabiliy Densiy Funcion for Failure observaion, Faul Deecion and Faul Correcion Times * : Convoluion. : Seiljes convoluion. 2.2 Basic Assumpions The proposed model is based upon he following basic assumpions:. Failure occurrence, faul deecion, or faul removal phenomenon follows HPP. 2. Sofware is subjec o failures during execuion caused by fauls remaining in he sofware. 3. The fauls exising in he sofware are of hree ypes: simple, hard and complex. They are disinguished by he amoun of esing effor needed o remove hem 4. Faul removal process is prefec and failure observaion/faul isolaion/ faul removal rae is consan. 5. Each ime a failure occurs, an immediae effor akes place o decide he cause of he failure in order o remove i. The ime delay beween he failure observaion and is subsequen faul removal is assumed o represen he severiy of he fauls. The more severe he faul, more he ime delay. Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

3 BIJIT - BVICAM s Inernaional Journal of Informaion Technology 6. The faul isolaion/removal rae wih respec o esing effor inensiy is proporional o he number of observed failures. 2.3 Modeling Tesing Effor The proposed SRGM in his paper akes ino accoun he ime dependen variaion in esing effor. The esing effor (resources ha govern he pace of esing for almos all he sofware projecs are Manpower and Compuer ime. To describe he behavior of esing effor, Exponenial, Rayleigh, or eibull funcion has been used. The esing-effor described by a eibull-ype disribuion is given by: ( = α exp( g( τ dτ ( 0 In equaion (, if g(=β. Then, here is an exponenial curve, and he cumulaive esing- ( = α exp( β. (2 effor in (0,] is [ ] Similarly in ( if g ( = β. Then, here is a Rayleigh curve and he cumulaive esingeffor is given by: ( = α exp β 2. 2 (3 And if g ( γβ.. γ = in (, hen ( β γ ( = α exp. (4 which is cumulaive esing effor of eibull curve. 2.4 Model Developmen Le a, a 2 and a 3 be he simple, hard and complex fauls respecively a he beginning of esing. Also a is he oal faul conen i.e. a= a + a 2+ a Modeling Simple Fauls Simple fauls are he fauls which can be removed insanly as soon as hey are observed. The mean value funcion for he simple fauls of he sofware reliabiliy growh model wih respec o esing effor expendiure can be wrien as [8]: m( = a F( (5 where, F( is esing effor dependen disribuion funcion. From Equaion (5, he insananeous failure inensiy funcion λ ( is given by: ' λ ( = a F ( (6 Or we can wrie dm ' d F ( λ ( = = [ a m( ] (7 d F ( d Modeling Hard Fauls The hard fauls consume more esing ime for he removal. This means ha he esing eam will have o spend more ime o analyze he cause of he failure and herefore requires greaer ime o remove hem. Hence he removal process for hard fauls is modeled as a wo-sage process and is given by[8]: m2( = a2( F G(, and (8 ( f * g( ( ( [ 2 ] F G λ ( = a m( Modeling Complex Fauls These fauls require more esing ime for removal afer isolaion as compared o hard faul removal. Hence hey need o be modeled wih greaer ime lag beween failure observaion and removal. Thus, he removal process for complex fauls is modeled as a hree-sage process: m3( = a3( F G H( (0 And he insananeous failure inensiy funcion λ( is: ( f * g* h( λ ( = ( ( [ a3 m ( ] ( F G H Modeling Toal Fauls The oal faul removal phenomenon is he superimposiion of he simple, hard and complex fauls, and is herefore given as: m ( = m( + m2( + m3( (2 = a F( + a2( F G( + a3( F G H( A paricular case of he proposed model is abulaed in Table 2. Fauls F( G( H( m( Simple Hard exp( b - - exp( b2 exp( b Complex I( I( 2 - m ( = a b e m 2( b = a2. (( + b e m3 ( [,, ] (µ,σ 2 2 = a3 Φ( µσ (9 Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

4 Geneic Algorihm Based Opimal Tesing Effor Allocaion Problem for Modular Sofware MVF of Toal Faul b (( b m ( = a e a b e 2 + a 3 ( Φ(, µσ, Table 2.: A Paricular Case 2.5 Reliabiliy Evaluaion Using he SRGM we can evaluae he reliabiliy of he sofware during he progress of esing and predic he reliabiliy a he release ime. Reliabiliy of sofware is defined as given ha he esing has coninued up o ime, he probabiliy ha a sofware failure does no occur in ime inerval (, + ( 0. Hence he reliabiliy of sofware is represened mahemaically as ( m( m( R( R( + = exp + (3 Anoher measure of sofware reliabiliy a ime is defined as he raio of he cumulaive number of deeced fauls a ime o he expeced number of iniial faul conen of he sofware given by[4]: m( R( = (4 a To incorporae he effec of esing effor in he reliabiliy esimaion of each module Equaion (4 can be modified as: m( R( = (5 a 3. PARAMETER ESTIMATIO AD MODEL VALIDATIO To measure he performance of he proposed model we have carried ou he parameer esimaion on he daa se cied in M.Ohba [8](DS-I. The sofware was esed for 9 weeks during which compuer hours were used and 328 fauls were removed. The esimaion resuls for Exponenial, Rayleigh, and eibull funcion are given in able 3. Tesing Effor Funcion Exponenial funcion Rayleigh funcion Parameer Esimaion for DS-I α β γ R eibull funcion Table 3.: Tesing Effor Funcion Parameer Esimaes eibull effor funcion is chosen o represen he esing effor as i provided he bes fi on he esing effor daa (based on he highes value of R 2. Based upon hese esimaed parameers, parameers of proposed SRGM were esimaed. The goodness of fi measures used are Mean Square Error (MSE and Coefficien of muliple deerminaion (R 2. The resuls are compared wih SRGM proposed by Kapur e al. [9] wih hree ypes of faul. The resuls are abulaed in able 3.2 (Leing b =b 2 =b 3 =bthe goodness of fi curves for DS-I is given in Figure: 3. Paramer Esimaes Proposed Model Kapur e al. Model [9] a b µ σ m( R MSE Table 3.2: Parameer Esimaes for DS-I Goodness of Fi Curve Acual Values Esimaed 200 Values wih 50 3 sage 00 Erlang 50 Esimaed 0 Values of proposed Time Model Figure3.: Goodness of Fi Curve for DS-I 4. TESTIG RESOURCE ALLOCATIO PROBLEM 4. oaions: j :,2,3; Simple fauls-;hard Fauls-2, Complex Fauls-3 i : Module,,2.. : Toal number of modules m i ( : Mean value funcion for i h module b j i : Consan faul deecion rae for jh faul ype in i h module a ji : Consan, represening he number of j h faul ype lying dorman in i h module a he beginning of esing, c ji : Cos of removing j h faul from i h module i : Tesing effor for i h module R i : Reliabiliy of each module B : Toal cos of removing differen ypes of fauls Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

5 BIJIT - BVICAM s Inernaional Journal of Informaion Technology : Toal esing effor expendiure 4.2 Mahemaical Formulaion Consider sofware wih modules where each module is differen in size, complexiy, he funcions hey perform ec. In each module here are hree ypes of fauls; simple, hard and complex. The sofware has o be released in he marke a a predefined sofware release ime wih limied availabiliy of esing resources expendiure. Furher he cos of removing he faul from each module is dependen on is severiy. Therefore, he problem of maximizing he fauls of each of independen modules such ha reliabiliy of each module is a leas R 0 is formulaed as: Maximize m ( = m( i i i i= b ( ( i i b a ( 2 ( ( 2 i i i e a i b ii e = + + i= i= a 3i i= i µ i σ 2 ( (,, i i + Φ Subjec o: ( Cimi( i + C2im2i( i + C3im3i( i B i=,2... i= i i =, 2... i= Ri R0 i=,2... (P i 0 i =, GEETIC ALGORITHM FOR TESTIG RESOURCE ALLOCATIO The above opimizaion problem is solved by a powerful compuerized heurisic search and opimizaion mehod, viz. geneic algorihm (GA ha is based on he mechanics of naural selecion and naural geneics. In each ieraion (called generaion, hree basic geneic operaions i.e., selecion /reproducion, crossover and muaion are execued. For implemening he GA in solving he allocaion problem, he following basic elemens are o be considered. 5. Chromosome Represenaion Geneic Algorihm sars wih he iniial populaion of soluions represened as chromosomes. A chromosome comprises genes where each gene represens a specific aribue of he soluion. Here he soluion of he esing-effor allocaion problem in modular sofware sysem includes he effor resources consumed by individual modules. Therefore, a chromosome is a se of modular esing effor consumed as par of he oal esing effor availabiliy. 5.2 Iniial Populaion For a given oal esing ime, GA generaes he iniial populaion randomly. I iniialize o random values wihin he limis of each variable. 5.3 Finess Of A Chromosome The finess is a measure of he qualiy of he soluion i represens in erms of various opimizaion parameers of he soluion. A fi chromosome suggess a beer soluion. In he effor allocaion problem, he finess funcion is he objecive of esing effor opimizaion problem along wih he penalies of he consrains ha are no me. 5.4 Selecion Selecion is he process of choosing wo parens from he populaion for crossover. The higher he finess funcion, he more chance an individual has o be seleced. The selecion pressure drives he GA o improve he populaion finess over he successive generaions. Selecion has o be balanced wih variaion form crossover and muaion. Too srong selecion means sub opimal highly fi individuals, will ake over he populaion, reducing he diversiy needed for change and progress; oo weak selecion will resul in oo slow evoluion. e use Tournamen selecion here. 5.5 Crossover Crossover is he process of aking wo paren soluions and producing wo similar chromosomes by swapping ses of genes, hoping ha a leas one child will have genes ha improve is finess. In he esing resource allocaion problem, crossover diversifies he populaion by swapping modules wih disinc ime consuming, paricularly when he populaion size is small. 5.6 Muaion Muaion prevens he algorihm o be rapped in a local minimum. Muaion plays he role of recovering he los geneic maerials as well as for randomly disurbing geneic informaion. The imporan parameer in he muaion echnique is he muaion probabiliy. The muaion probabiliy decides how ofen pars of chromosome will be muaed. If here is no muaion, offspring are generaed immediaely afer crossover (or direcly copied wihou any change. In our problem of esing resource allocaion, we have used a muaion probabiliy of 0%. ih he basic modules of geneic algorihm described above, he procedure for solving he opimal effor allocaion problem is as follows [6]: Sep : Sar Sep 2: Generae random populaion of chromosomes Sep 3: Evaluae he finess of each chromosome in he populaion Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

6 Geneic Algorihm Based Opimal Tesing Effor Allocaion Problem for Modular Sofware Sep 4: Creae a new populaion by repeaing following seps unil he new populaion is complee: [Selecion] Selec wo paren chromosomes from a populaion according o heir finess [Crossover] ih a crossover probabiliy, cross over he parens o form new offspring (children. If no crossover is performed, offspring is he exac copy of parens. [Muaion] ih a muaion probabiliy, muae offspring a each locus (posiion in chromosome [Acceping] Place new offspring in he new populaion [Replace] Use new generaed populaion for furher sum of he algorihm. [Tes] If he end condiion is saisfied, sop and reurn he bes soluion in he curren populaion [Loop] Go o sep 3 for finess evaluaion 6. UMERICAL EXAMPLE The Effor Allocaion Problem described in secion 4 is illusraed numerically in his secion. Consider a sofware sysem consising of hree modules, whose parameers have already been esimaed using sofware failure daa. These parameer esimaes for each module is shown in Table 6.. The oal esing resources available is assumed o be 5000 unis. Toal cos for removing he differen ypes of fauls is 0000 unis. Also, i is desired ha he reliabiliy of each module is a leas 0.9. odule a a 2 a 3 b c c 2 c 3 µ σ Table 6.: Parameer Esimaes for effor allocaion problem Based on he above informaion, he problem (P is solved using geneic algorihm. The parameers used in GA evaluaion are given in able 6.2. Parameer Value Populaion Size 06 umber of Generaions 26 Selecion Mehod Tournamen Crossover Probabiliy 0.9 Muaion Probabiliy 0. Table 6.2: Parameer of he GA The opimal esing ime allocaion o each ype of faul in module and hence oal faul removed from each module and heir corresponding cos of removing is shown in able 6.3. Module m m 2 m 3 m Cos of Reliabiliy removing fauls Toal Table 6.3: The opimal esing effor expendiure wih he corresponding cos of each module 7. COCLUSIO In his paper we have discussed he problem for modular sofware a he uni esing sage. e have made use of unified scheme for presening a generalized framework for Sofware reliabiliy growh modeling wih respec o esing effor expendiure and incorporaed he fauls of differen severiy. The fauls in each module are of hree ypes-simple, hard and complex. Furher we have opimally allocaed he esing effor o each ype of faul and he modules and have found ou he differen ypes of fauls removed in he modules wih a fixed budge and a prerequisie level of reliabiliy. Geneic Algorihm is developed o solve he problem of resource allocaion. umerical example is discussed o illusrae he solving of he discussed opimizaion problem hrough GA. FUTURE SCOPE The presen sudy is done under he assumpion of independence of he failures of differen modules. In fuure, dependence of he failures from differen modules as well as he archiecure syles and connecors reliabiliy can also be sudied. REFERECES []. A. L. Goel and K. Okumoo, Time-dependen errordeecion rae model for sofware reliabiliy and oher performance measures, IEEE Transacions on Reliabiliy, Vol. 28, o. 3, pp 206 2, 979. [2]. H. Oheera and S Yamada., Opimal allocaion and conrol problems for sofware esing resources, IEEE Transacions on Reliabiliy, Vol. 39, o. 2, p. 7-76, 990. [3]. H. Pham, Sysem Sofware Reliabiliy, Reliabiliy Engineering Series, Springer, [4]. J. G. Shanhikumar,, A General Sofware Reliabiliy Model For Performance Predicion, Microelecronics Reliabiliy, Vol. 2, pp , 98. [5]. J.D. Musa, A. Iannino and K. Okumoo, Sofware Reliabiliy: Measuremen, Predicion, Applicaions, McGraw Hill, 987. [6]. K. Sasry, Single and Muliobjecive Geneic Algorihm Toolbox for Malab in C++ (IlliGAL Repor o Urbana, IL: Universiy of Illinois a Urbana- Champaign, 2007 Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

7 BIJIT - BVICAM s Inernaional Journal of Informaion Technology [7]. Lo. Huang and Lyu Kuo, Opimal allocaion of esing resources considering cos, reliabiliy, and esing effor, Proceedings of he 0h IEEE Pacific Inernaional Symposium on dependable Compuing, 2004 [8]. M. Ohba, Sofware reliabiliy analysis models, IBM Journal of Research and Developmen, vol. 28, no. 4, pp , 984. [9]. M. Xie, and B. Yang, Opimal Tesing ime Allocaion for Modular Sysems, Inernaional Journal of Qualiy and Reliabiliy Managemen, Vol. 8, o. 4, ,200. [0]..F. Schneidewind,, Analysis Of Error Processes In Compuer Sofware, Sigplan oices, Vol. 0, pp , 975. []. O. Shanawi, P.K. Kapur, A Generalized Sofware Faul Classificaion Model, SEAS Transacions on Compuers, Vol. 2, o. 9, pp , 2008 [2]. P. K Kapur., S.Younes, and S. Agarwala, Generalised Erlang model wih n ypes of fauls, ASOR Bullein, Vol. 4, o., pp. 5, 995. [3]. P. K. Kapur and. R. B. Garg, Sofware reliabiliy growh model for an error-removal phenomenon, Sofware Engineering Journal, Vol. 7, o. 4, pp , 992. [4]. P. K., Kapur. V. B. Singh, and B Yang., Sofware reliabiliy growh model for deermining faul ypes, in Proceedings of he 3rd Inernaional Conference on Reliabiliy and Safey Engineering (ICRESE '07,pp , [5]. P.K Kapur., P.C. Jha, A.K. Bardhan,, Dynamic programming approach o esing resource allocaion problem for modular sofware, in Raio Mahemaica, Journal of Applied Mahemaics, Vol. 4, pp , [6]. P.K. Kapur, D..Goswami, A. Bardhan, O. Singh, Flexible sofware reliabiliy growh model wih esing effor dependen learning process, Applied Mahemaical Modelling, Vol. 32, o. 7, pp ,2008 [7]. P.K. Kapur, J. Kumar and R. Kumar, A Unified Modeling Framework Incorporaing Change Poin For Measuring Reliabiliy Growh During Sofware Tesing. To appear in OPSEARCH. [8]. P.K. Kapur, O. Shnawi, A Aggarwal., R. Kumar, Unified Framework for Developing Tesing Effor Dependen Sofware Relaibiliy Growh Models, SEAS Transacions on Sysems, Vol. 8 o. 4,pp 52-53,2009 [9]. P.K. Kapur, R. B. Garg and S. Kumar, Conribuions o Hardware and Sofware Reliabiliy, Singapore, orld Scienific Publishing Co. Ld., 999. [20]. P.K.Kapur, P.C. Jha, A.K. Bardhan, Opimal allocaion of esing resource for a modular sofware, Asia Pacific Journal of Operaional Research, Vol. 2, o. 3, pp , [2]. S. Yamada, M. Ohba, and S. Osaki, S-shaped sofware reliabiliy growh models and heir applicaions, IEEE Transacions on Reliabiliy, vol. 33, o. 4, pp , 984. [22]. S. Biani, P.Bolzern, E.Pedroi, and R. Scaolini, A flexible modeling approach for sofware reliabiliy growh, in Sofware Reliabiliy Modelling and Idenificaion, G. Goos and J. Harmanis, Eds., Springer, Berlin, Germany, pp 0 40, 998. [23]. S.S Gokhale., T. Philip, P.. Marinos and K.S. Trivedi, Unificaion of Finie Failure on-homogeneous Poisson Process Models hrough Tes Coverage, In Proc. Inl. Symposium on Sofware Reliabiliy Engineering (ISSRE 96, pp , Ocober 996. Copy Righ BIJIT 202; January - June, 202; Vol. 4 o. ; ISS

Distributing Human Resources among Software Development Projects 1

Distributing Human Resources among Software Development Projects 1 Disribuing Human Resources among Sofware Developmen Proecs Macario Polo, María Dolores Maeos, Mario Piaini and rancisco Ruiz Summary This paper presens a mehod for esimaing he disribuion of human resources

More information

Stochastic Optimal Control Problem for Life Insurance

Stochastic Optimal Control Problem for Life Insurance Sochasic Opimal Conrol Problem for Life Insurance s. Basukh 1, D. Nyamsuren 2 1 Deparmen of Economics and Economerics, Insiue of Finance and Economics, Ulaanbaaar, Mongolia 2 School of Mahemaics, Mongolian

More information

Chapter 8: Regression with Lagged Explanatory Variables

Chapter 8: Regression with Lagged Explanatory Variables Chaper 8: Regression wih Lagged Explanaory Variables Time series daa: Y for =1,..,T End goal: Regression model relaing a dependen variable o explanaory variables. Wih ime series new issues arise: 1. One

More information

The Application of Multi Shifts and Break Windows in Employees Scheduling

The Application of Multi Shifts and Break Windows in Employees Scheduling The Applicaion of Muli Shifs and Brea Windows in Employees Scheduling Evy Herowai Indusrial Engineering Deparmen, Universiy of Surabaya, Indonesia Absrac. One mehod for increasing company s performance

More information

Multiprocessor Systems-on-Chips

Multiprocessor Systems-on-Chips Par of: Muliprocessor Sysems-on-Chips Edied by: Ahmed Amine Jerraya and Wayne Wolf Morgan Kaufmann Publishers, 2005 2 Modeling Shared Resources Conex swiching implies overhead. On a processing elemen,

More information

PROFIT TEST MODELLING IN LIFE ASSURANCE USING SPREADSHEETS PART ONE

PROFIT TEST MODELLING IN LIFE ASSURANCE USING SPREADSHEETS PART ONE Profi Tes Modelling in Life Assurance Using Spreadshees PROFIT TEST MODELLING IN LIFE ASSURANCE USING SPREADSHEETS PART ONE Erik Alm Peer Millingon 2004 Profi Tes Modelling in Life Assurance Using Spreadshees

More information

Optimal Investment and Consumption Decision of Family with Life Insurance

Optimal Investment and Consumption Decision of Family with Life Insurance Opimal Invesmen and Consumpion Decision of Family wih Life Insurance Minsuk Kwak 1 2 Yong Hyun Shin 3 U Jin Choi 4 6h World Congress of he Bachelier Finance Sociey Torono, Canada June 25, 2010 1 Speaker

More information

Morningstar Investor Return

Morningstar Investor Return Morningsar Invesor Reurn Morningsar Mehodology Paper Augus 31, 2010 2010 Morningsar, Inc. All righs reserved. The informaion in his documen is he propery of Morningsar, Inc. Reproducion or ranscripion

More information

USE OF EDUCATION TECHNOLOGY IN ENGLISH CLASSES

USE OF EDUCATION TECHNOLOGY IN ENGLISH CLASSES USE OF EDUCATION TECHNOLOGY IN ENGLISH CLASSES Mehme Nuri GÖMLEKSİZ Absrac Using educaion echnology in classes helps eachers realize a beer and more effecive learning. In his sudy 150 English eachers were

More information

Single-machine Scheduling with Periodic Maintenance and both Preemptive and. Non-preemptive jobs in Remanufacturing System 1

Single-machine Scheduling with Periodic Maintenance and both Preemptive and. Non-preemptive jobs in Remanufacturing System 1 Absrac number: 05-0407 Single-machine Scheduling wih Periodic Mainenance and boh Preempive and Non-preempive jobs in Remanufacuring Sysem Liu Biyu hen Weida (School of Economics and Managemen Souheas Universiy

More information

TEMPORAL PATTERN IDENTIFICATION OF TIME SERIES DATA USING PATTERN WAVELETS AND GENETIC ALGORITHMS

TEMPORAL PATTERN IDENTIFICATION OF TIME SERIES DATA USING PATTERN WAVELETS AND GENETIC ALGORITHMS TEMPORAL PATTERN IDENTIFICATION OF TIME SERIES DATA USING PATTERN WAVELETS AND GENETIC ALGORITHMS RICHARD J. POVINELLI AND XIN FENG Deparmen of Elecrical and Compuer Engineering Marquee Universiy, P.O.

More information

Chapter 1.6 Financial Management

Chapter 1.6 Financial Management Chaper 1.6 Financial Managemen Par I: Objecive ype quesions and answers 1. Simple pay back period is equal o: a) Raio of Firs cos/ne yearly savings b) Raio of Annual gross cash flow/capial cos n c) = (1

More information

Chapter 7. Response of First-Order RL and RC Circuits

Chapter 7. Response of First-Order RL and RC Circuits Chaper 7. esponse of Firs-Order L and C Circuis 7.1. The Naural esponse of an L Circui 7.2. The Naural esponse of an C Circui 7.3. The ep esponse of L and C Circuis 7.4. A General oluion for ep and Naural

More information

DETERMINISTIC INVENTORY MODEL FOR ITEMS WITH TIME VARYING DEMAND, WEIBULL DISTRIBUTION DETERIORATION AND SHORTAGES KUN-SHAN WU

DETERMINISTIC INVENTORY MODEL FOR ITEMS WITH TIME VARYING DEMAND, WEIBULL DISTRIBUTION DETERIORATION AND SHORTAGES KUN-SHAN WU Yugoslav Journal of Operaions Research 2 (22), Number, 6-7 DEERMINISIC INVENORY MODEL FOR IEMS WIH IME VARYING DEMAND, WEIBULL DISRIBUION DEERIORAION AND SHORAGES KUN-SHAN WU Deparmen of Bussines Adminisraion

More information

DYNAMIC MODELS FOR VALUATION OF WRONGFUL DEATH PAYMENTS

DYNAMIC MODELS FOR VALUATION OF WRONGFUL DEATH PAYMENTS DYNAMIC MODELS FOR VALUATION OF WRONGFUL DEATH PAYMENTS Hong Mao, Shanghai Second Polyechnic Universiy Krzyszof M. Osaszewski, Illinois Sae Universiy Youyu Zhang, Fudan Universiy ABSTRACT Liigaion, exper

More information

Mathematics in Pharmacokinetics What and Why (A second attempt to make it clearer)

Mathematics in Pharmacokinetics What and Why (A second attempt to make it clearer) Mahemaics in Pharmacokineics Wha and Why (A second aemp o make i clearer) We have used equaions for concenraion () as a funcion of ime (). We will coninue o use hese equaions since he plasma concenraions

More information

Appendix D Flexibility Factor/Margin of Choice Desktop Research

Appendix D Flexibility Factor/Margin of Choice Desktop Research Appendix D Flexibiliy Facor/Margin of Choice Deskop Research Cheshire Eas Council Cheshire Eas Employmen Land Review Conens D1 Flexibiliy Facor/Margin of Choice Deskop Research 2 Final Ocober 2012 \\GLOBAL.ARUP.COM\EUROPE\MANCHESTER\JOBS\200000\223489-00\4

More information

Optimal Stock Selling/Buying Strategy with reference to the Ultimate Average

Optimal Stock Selling/Buying Strategy with reference to the Ultimate Average Opimal Sock Selling/Buying Sraegy wih reference o he Ulimae Average Min Dai Dep of Mah, Naional Universiy of Singapore, Singapore Yifei Zhong Dep of Mah, Naional Universiy of Singapore, Singapore July

More information

Feasibility of Quantum Genetic Algorithm in Optimizing Construction Scheduling

Feasibility of Quantum Genetic Algorithm in Optimizing Construction Scheduling Feasibiliy of Quanum Geneic Algorihm in Opimizing Consrucion Scheduling Maser Thesis Baihui Song JUNE 2013 Commiee members: Prof.dr.ir. M.J.C.M. Herogh Dr. M. Blaauboer Dr. ir. H.K.M. van de Ruienbeek

More information

Measuring macroeconomic volatility Applications to export revenue data, 1970-2005

Measuring macroeconomic volatility Applications to export revenue data, 1970-2005 FONDATION POUR LES ETUDES ET RERS LE DEVELOPPEMENT INTERNATIONAL Measuring macroeconomic volailiy Applicaions o expor revenue daa, 1970-005 by Joël Cariolle Policy brief no. 47 March 01 The FERDI is a

More information

Making a Faster Cryptanalytic Time-Memory Trade-Off

Making a Faster Cryptanalytic Time-Memory Trade-Off Making a Faser Crypanalyic Time-Memory Trade-Off Philippe Oechslin Laboraoire de Securié e de Crypographie (LASEC) Ecole Polyechnique Fédérale de Lausanne Faculé I&C, 1015 Lausanne, Swizerland philippe.oechslin@epfl.ch

More information

Information Theoretic Evaluation of Change Prediction Models for Large-Scale Software

Information Theoretic Evaluation of Change Prediction Models for Large-Scale Software Informaion Theoreic Evaluaion of Change Predicion Models for Large-Scale Sofware Mina Askari School of Compuer Science Universiy of Waerloo Waerloo, Canada maskari@uwaerloo.ca Ric Hol School of Compuer

More information

Predicting Stock Market Index Trading Signals Using Neural Networks

Predicting Stock Market Index Trading Signals Using Neural Networks Predicing Sock Marke Index Trading Using Neural Neworks C. D. Tilakarane, S. A. Morris, M. A. Mammadov, C. P. Hurs Cenre for Informaics and Applied Opimizaion School of Informaion Technology and Mahemaical

More information

MACROECONOMIC FORECASTS AT THE MOF A LOOK INTO THE REAR VIEW MIRROR

MACROECONOMIC FORECASTS AT THE MOF A LOOK INTO THE REAR VIEW MIRROR MACROECONOMIC FORECASTS AT THE MOF A LOOK INTO THE REAR VIEW MIRROR The firs experimenal publicaion, which summarised pas and expeced fuure developmen of basic economic indicaors, was published by he Minisry

More information

SELF-EVALUATION FOR VIDEO TRACKING SYSTEMS

SELF-EVALUATION FOR VIDEO TRACKING SYSTEMS SELF-EVALUATION FOR VIDEO TRACKING SYSTEMS Hao Wu and Qinfen Zheng Cenre for Auomaion Research Dep. of Elecrical and Compuer Engineering Universiy of Maryland, College Park, MD-20742 {wh2003, qinfen}@cfar.umd.edu

More information

Research on Inventory Sharing and Pricing Strategy of Multichannel Retailer with Channel Preference in Internet Environment

Research on Inventory Sharing and Pricing Strategy of Multichannel Retailer with Channel Preference in Internet Environment Vol. 7, No. 6 (04), pp. 365-374 hp://dx.doi.org/0.457/ijhi.04.7.6.3 Research on Invenory Sharing and Pricing Sraegy of Mulichannel Reailer wih Channel Preference in Inerne Environmen Hanzong Li College

More information

Economics Honors Exam 2008 Solutions Question 5

Economics Honors Exam 2008 Solutions Question 5 Economics Honors Exam 2008 Soluions Quesion 5 (a) (2 poins) Oupu can be decomposed as Y = C + I + G. And we can solve for i by subsiuing in equaions given in he quesion, Y = C + I + G = c 0 + c Y D + I

More information

ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS

ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS R. Caballero, E. Cerdá, M. M. Muñoz and L. Rey () Deparmen of Applied Economics (Mahemaics), Universiy of Málaga,

More information

Why Did the Demand for Cash Decrease Recently in Korea?

Why Did the Demand for Cash Decrease Recently in Korea? Why Did he Demand for Cash Decrease Recenly in Korea? Byoung Hark Yoo Bank of Korea 26. 5 Absrac We explores why cash demand have decreased recenly in Korea. The raio of cash o consumpion fell o 4.7% in

More information

Working Paper No. 482. Net Intergenerational Transfers from an Increase in Social Security Benefits

Working Paper No. 482. Net Intergenerational Transfers from an Increase in Social Security Benefits Working Paper No. 482 Ne Inergeneraional Transfers from an Increase in Social Securiy Benefis By Li Gan Texas A&M and NBER Guan Gong Shanghai Universiy of Finance and Economics Michael Hurd RAND Corporaion

More information

Relationships between Stock Prices and Accounting Information: A Review of the Residual Income and Ohlson Models. Scott Pirie* and Malcolm Smith**

Relationships between Stock Prices and Accounting Information: A Review of the Residual Income and Ohlson Models. Scott Pirie* and Malcolm Smith** Relaionships beween Sock Prices and Accouning Informaion: A Review of he Residual Income and Ohlson Models Sco Pirie* and Malcolm Smih** * Inernaional Graduae School of Managemen, Universiy of Souh Ausralia

More information

Time Series Analysis Using SAS R Part I The Augmented Dickey-Fuller (ADF) Test

Time Series Analysis Using SAS R Part I The Augmented Dickey-Fuller (ADF) Test ABSTRACT Time Series Analysis Using SAS R Par I The Augmened Dickey-Fuller (ADF) Tes By Ismail E. Mohamed The purpose of his series of aricles is o discuss SAS programming echniques specifically designed

More information

SPEC model selection algorithm for ARCH models: an options pricing evaluation framework

SPEC model selection algorithm for ARCH models: an options pricing evaluation framework Applied Financial Economics Leers, 2008, 4, 419 423 SEC model selecion algorihm for ARCH models: an opions pricing evaluaion framework Savros Degiannakis a, * and Evdokia Xekalaki a,b a Deparmen of Saisics,

More information

WATER MIST FIRE PROTECTION RELIABILITY ANALYSIS

WATER MIST FIRE PROTECTION RELIABILITY ANALYSIS WATER MIST FIRE PROTECTION RELIABILITY ANALYSIS Shuzhen Xu Research Risk and Reliabiliy Area FM Global Norwood, Massachuses 262, USA David Fuller Engineering Sandards FM Global Norwood, Massachuses 262,

More information

DOES TRADING VOLUME INFLUENCE GARCH EFFECTS? SOME EVIDENCE FROM THE GREEK MARKET WITH SPECIAL REFERENCE TO BANKING SECTOR

DOES TRADING VOLUME INFLUENCE GARCH EFFECTS? SOME EVIDENCE FROM THE GREEK MARKET WITH SPECIAL REFERENCE TO BANKING SECTOR Invesmen Managemen and Financial Innovaions, Volume 4, Issue 3, 7 33 DOES TRADING VOLUME INFLUENCE GARCH EFFECTS? SOME EVIDENCE FROM THE GREEK MARKET WITH SPECIAL REFERENCE TO BANKING SECTOR Ahanasios

More information

THE FIRM'S INVESTMENT DECISION UNDER CERTAINTY: CAPITAL BUDGETING AND RANKING OF NEW INVESTMENT PROJECTS

THE FIRM'S INVESTMENT DECISION UNDER CERTAINTY: CAPITAL BUDGETING AND RANKING OF NEW INVESTMENT PROJECTS VII. THE FIRM'S INVESTMENT DECISION UNDER CERTAINTY: CAPITAL BUDGETING AND RANKING OF NEW INVESTMENT PROJECTS The mos imporan decisions for a firm's managemen are is invesmen decisions. While i is surely

More information

Market Liquidity and the Impacts of the Computerized Trading System: Evidence from the Stock Exchange of Thailand

Market Liquidity and the Impacts of the Computerized Trading System: Evidence from the Stock Exchange of Thailand 36 Invesmen Managemen and Financial Innovaions, 4/4 Marke Liquidiy and he Impacs of he Compuerized Trading Sysem: Evidence from he Sock Exchange of Thailand Sorasar Sukcharoensin 1, Pariyada Srisopisawa,

More information

Gene Regulatory Network Discovery from Time-Series Gene Expression Data A Computational Intelligence Approach

Gene Regulatory Network Discovery from Time-Series Gene Expression Data A Computational Intelligence Approach Gene Regulaory Nework Discovery from Time-Series Gene Expression Daa A Compuaional Inelligence Approach Nikola K. Kasabov 1, Zeke S. H. Chan 1, Vishal Jain 1, Igor Sidorov 2 and Dimier S. Dimirov 2 1 Knowledge

More information

cooking trajectory boiling water B (t) microwave 0 2 4 6 8 101214161820 time t (mins)

cooking trajectory boiling water B (t) microwave 0 2 4 6 8 101214161820 time t (mins) Alligaor egg wih calculus We have a large alligaor egg jus ou of he fridge (1 ) which we need o hea o 9. Now here are wo accepable mehods for heaing alligaor eggs, one is o immerse hem in boiling waer

More information

Evolutionary building of stock trading experts in real-time systems

Evolutionary building of stock trading experts in real-time systems Evoluionary building of sock rading expers in real-ime sysems Jerzy J. Korczak Universié Louis Paseur Srasbourg, France Email: jjk@dp-info.u-srasbg.fr Absrac: This paper addresses he problem of consrucing

More information

Term Structure of Prices of Asian Options

Term Structure of Prices of Asian Options Term Srucure of Prices of Asian Opions Jirô Akahori, Tsuomu Mikami, Kenji Yasuomi and Teruo Yokoa Dep. of Mahemaical Sciences, Risumeikan Universiy 1-1-1 Nojihigashi, Kusasu, Shiga 525-8577, Japan E-mail:

More information

Individual Health Insurance April 30, 2008 Pages 167-170

Individual Health Insurance April 30, 2008 Pages 167-170 Individual Healh Insurance April 30, 2008 Pages 167-170 We have received feedback ha his secion of he e is confusing because some of he defined noaion is inconsisen wih comparable life insurance reserve

More information

Journal Of Business & Economics Research September 2005 Volume 3, Number 9

Journal Of Business & Economics Research September 2005 Volume 3, Number 9 Opion Pricing And Mone Carlo Simulaions George M. Jabbour, (Email: jabbour@gwu.edu), George Washingon Universiy Yi-Kang Liu, (yikang@gwu.edu), George Washingon Universiy ABSTRACT The advanage of Mone Carlo

More information

Nikkei Stock Average Volatility Index Real-time Version Index Guidebook

Nikkei Stock Average Volatility Index Real-time Version Index Guidebook Nikkei Sock Average Volailiy Index Real-ime Version Index Guidebook Nikkei Inc. Wih he modificaion of he mehodology of he Nikkei Sock Average Volailiy Index as Nikkei Inc. (Nikkei) sars calculaing and

More information

ARCH 2013.1 Proceedings

ARCH 2013.1 Proceedings Aricle from: ARCH 213.1 Proceedings Augus 1-4, 212 Ghislain Leveille, Emmanuel Hamel A renewal model for medical malpracice Ghislain Léveillé École d acuaria Universié Laval, Québec, Canada 47h ARC Conference

More information

Hedging with Forwards and Futures

Hedging with Forwards and Futures Hedging wih orwards and uures Hedging in mos cases is sraighforward. You plan o buy 10,000 barrels of oil in six monhs and you wish o eliminae he price risk. If you ake he buy-side of a forward/fuures

More information

Chapter 5. Aggregate Planning

Chapter 5. Aggregate Planning Chaper 5 Aggregae Planning Supply Chain Planning Marix procuremen producion disribuion sales longerm Sraegic Nework Planning miderm shorerm Maerial Requiremens Planning Maser Planning Producion Planning

More information

Stock Trading with Recurrent Reinforcement Learning (RRL) CS229 Application Project Gabriel Molina, SUID 5055783

Stock Trading with Recurrent Reinforcement Learning (RRL) CS229 Application Project Gabriel Molina, SUID 5055783 Sock raing wih Recurren Reinforcemen Learning (RRL) CS9 Applicaion Projec Gabriel Molina, SUID 555783 I. INRODUCION One relaively new approach o financial raing is o use machine learning algorihms o preic

More information

Forecasting, Ordering and Stock- Holding for Erratic Demand

Forecasting, Ordering and Stock- Holding for Erratic Demand ISF 2002 23 rd o 26 h June 2002 Forecasing, Ordering and Sock- Holding for Erraic Demand Andrew Eaves Lancaser Universiy / Andalus Soluions Limied Inroducion Erraic and slow-moving demand Demand classificaion

More information

A Note on Using the Svensson procedure to estimate the risk free rate in corporate valuation

A Note on Using the Svensson procedure to estimate the risk free rate in corporate valuation A Noe on Using he Svensson procedure o esimae he risk free rae in corporae valuaion By Sven Arnold, Alexander Lahmann and Bernhard Schwezler Ocober 2011 1. The risk free ineres rae in corporae valuaion

More information

MODEL AND ALGORITHMS FOR THE REAL TIME MANAGEMENT OF RESIDENTIAL ELECTRICITY DEMAND. A. Barbato, G. Carpentieri

MODEL AND ALGORITHMS FOR THE REAL TIME MANAGEMENT OF RESIDENTIAL ELECTRICITY DEMAND. A. Barbato, G. Carpentieri MODEL AND ALGORITHMS FOR THE REAL TIME MANAGEMENT OF RESIDENTIAL ELECTRICITY DEMAND A. Barbao, G. Carpenieri Poliecnico di Milano, Diparimeno di Eleronica e Informazione, Email: barbao@ele.polimi.i, giuseppe.carpenieri@mail.polimi.i

More information

The Transport Equation

The Transport Equation The Transpor Equaion Consider a fluid, flowing wih velociy, V, in a hin sraigh ube whose cross secion will be denoed by A. Suppose he fluid conains a conaminan whose concenraion a posiion a ime will be

More information

Duration and Convexity ( ) 20 = Bond B has a maturity of 5 years and also has a required rate of return of 10%. Its price is $613.

Duration and Convexity ( ) 20 = Bond B has a maturity of 5 years and also has a required rate of return of 10%. Its price is $613. Graduae School of Business Adminisraion Universiy of Virginia UVA-F-38 Duraion and Convexiy he price of a bond is a funcion of he promised paymens and he marke required rae of reurn. Since he promised

More information

Task is a schedulable entity, i.e., a thread

Task is a schedulable entity, i.e., a thread Real-Time Scheduling Sysem Model Task is a schedulable eniy, i.e., a hread Time consrains of periodic ask T: - s: saring poin - e: processing ime of T - d: deadline of T - p: period of T Periodic ask T

More information

INTRODUCTION TO FORECASTING

INTRODUCTION TO FORECASTING INTRODUCTION TO FORECASTING INTRODUCTION: Wha is a forecas? Why do managers need o forecas? A forecas is an esimae of uncerain fuure evens (lierally, o "cas forward" by exrapolaing from pas and curren

More information

Real-time Particle Filters

Real-time Particle Filters Real-ime Paricle Filers Cody Kwok Dieer Fox Marina Meilă Dep. of Compuer Science & Engineering, Dep. of Saisics Universiy of Washingon Seale, WA 9895 ckwok,fox @cs.washingon.edu, mmp@sa.washingon.edu Absrac

More information

The Grantor Retained Annuity Trust (GRAT)

The Grantor Retained Annuity Trust (GRAT) WEALTH ADVISORY Esae Planning Sraegies for closely-held, family businesses The Granor Reained Annuiy Trus (GRAT) An efficien wealh ransfer sraegy, paricularly in a low ineres rae environmen Family business

More information

Statistical Analysis with Little s Law. Supplementary Material: More on the Call Center Data. by Song-Hee Kim and Ward Whitt

Statistical Analysis with Little s Law. Supplementary Material: More on the Call Center Data. by Song-Hee Kim and Ward Whitt Saisical Analysis wih Lile s Law Supplemenary Maerial: More on he Call Cener Daa by Song-Hee Kim and Ward Whi Deparmen of Indusrial Engineering and Operaions Research Columbia Universiy, New York, NY 17-99

More information

Principal components of stock market dynamics. Methodology and applications in brief (to be updated ) Andrei Bouzaev, bouzaev@ya.

Principal components of stock market dynamics. Methodology and applications in brief (to be updated ) Andrei Bouzaev, bouzaev@ya. Principal componens of sock marke dynamics Mehodology and applicaions in brief o be updaed Andrei Bouzaev, bouzaev@ya.ru Why principal componens are needed Objecives undersand he evidence of more han one

More information

Strategic Optimization of a Transportation Distribution Network

Strategic Optimization of a Transportation Distribution Network Sraegic Opimizaion of a Transporaion Disribuion Nework K. John Sophabmixay, Sco J. Mason, Manuel D. Rossei Deparmen of Indusrial Engineering Universiy of Arkansas 4207 Bell Engineering Cener Fayeeville,

More information

The Greek financial crisis: growing imbalances and sovereign spreads. Heather D. Gibson, Stephan G. Hall and George S. Tavlas

The Greek financial crisis: growing imbalances and sovereign spreads. Heather D. Gibson, Stephan G. Hall and George S. Tavlas The Greek financial crisis: growing imbalances and sovereign spreads Heaher D. Gibson, Sephan G. Hall and George S. Tavlas The enry The enry of Greece ino he Eurozone in 2001 produced a dividend in he

More information

The naive method discussed in Lecture 1 uses the most recent observations to forecast future values. That is, Y ˆ t + 1

The naive method discussed in Lecture 1 uses the most recent observations to forecast future values. That is, Y ˆ t + 1 Business Condiions & Forecasing Exponenial Smoohing LECTURE 2 MOVING AVERAGES AND EXPONENTIAL SMOOTHING OVERVIEW This lecure inroduces ime-series smoohing forecasing mehods. Various models are discussed,

More information

Improving Technical Trading Systems By Using A New MATLAB based Genetic Algorithm Procedure

Improving Technical Trading Systems By Using A New MATLAB based Genetic Algorithm Procedure 4h WSEAS In. Conf. on NON-LINEAR ANALYSIS, NON-LINEAR SYSTEMS and CHAOS, Sofia, Bulgaria, Ocober 27-29, 2005 (pp29-34) Improving Technical Trading Sysems By Using A New MATLAB based Geneic Algorihm Procedure

More information

II.1. Debt reduction and fiscal multipliers. dbt da dpbal da dg. bal

II.1. Debt reduction and fiscal multipliers. dbt da dpbal da dg. bal Quarerly Repor on he Euro Area 3/202 II.. Deb reducion and fiscal mulipliers The deerioraion of public finances in he firs years of he crisis has led mos Member Saes o adop sizeable consolidaion packages.

More information

Performance Center Overview. Performance Center Overview 1

Performance Center Overview. Performance Center Overview 1 Performance Cener Overview Performance Cener Overview 1 ODJFS Performance Cener ce Cener New Performance Cener Model Performance Cener Projec Meeings Performance Cener Execuive Meeings Performance Cener

More information

LEASING VERSUSBUYING

LEASING VERSUSBUYING LEASNG VERSUSBUYNG Conribued by James D. Blum and LeRoy D. Brooks Assisan Professors of Business Adminisraion Deparmen of Business Adminisraion Universiy of Delaware Newark, Delaware The auhors discuss

More information

Present Value Methodology

Present Value Methodology Presen Value Mehodology Econ 422 Invesmen, Capial & Finance Universiy of Washingon Eric Zivo Las updaed: April 11, 2010 Presen Value Concep Wealh in Fisher Model: W = Y 0 + Y 1 /(1+r) The consumer/producer

More information

PRACTICES AND ISSUES IN OPERATIONAL RISK MODELING UNDER BASEL II

PRACTICES AND ISSUES IN OPERATIONAL RISK MODELING UNDER BASEL II Lihuanian Mahemaical Journal, Vol. 51, No. 2, April, 2011, pp. 180 193 PRACTICES AND ISSUES IN OPERATIONAL RISK MODELING UNDER BASEL II Paul Embrechs and Marius Hofer 1 RiskLab, Deparmen of Mahemaics,

More information

GoRA. For more information on genetics and on Rheumatoid Arthritis: Genetics of Rheumatoid Arthritis. Published work referred to in the results:

GoRA. For more information on genetics and on Rheumatoid Arthritis: Genetics of Rheumatoid Arthritis. Published work referred to in the results: For more informaion on geneics and on Rheumaoid Arhriis: Published work referred o in he resuls: The geneics revoluion and he assaul on rheumaoid arhriis. A review by Michael Seldin, Crisopher Amos, Ryk

More information

Automatic measurement and detection of GSM interferences

Automatic measurement and detection of GSM interferences Auomaic measuremen and deecion of GSM inerferences Poor speech qualiy and dropped calls in GSM neworks may be caused by inerferences as a resul of high raffic load. The radio nework analyzers from Rohde

More information

AP Calculus AB 2010 Scoring Guidelines

AP Calculus AB 2010 Scoring Guidelines AP Calculus AB 1 Scoring Guidelines The College Board The College Board is a no-for-profi membership associaion whose mission is o connec sudens o college success and opporuniy. Founded in 1, he College

More information

CHARGE AND DISCHARGE OF A CAPACITOR

CHARGE AND DISCHARGE OF A CAPACITOR REFERENCES RC Circuis: Elecrical Insrumens: Mos Inroducory Physics exs (e.g. A. Halliday and Resnick, Physics ; M. Sernheim and J. Kane, General Physics.) This Laboraory Manual: Commonly Used Insrumens:

More information

How To Calculate Price Elasiciy Per Capia Per Capi

How To Calculate Price Elasiciy Per Capia Per Capi Price elasiciy of demand for crude oil: esimaes for 23 counries John C.B. Cooper Absrac This paper uses a muliple regression model derived from an adapaion of Nerlove s parial adjusmen model o esimae boh

More information

DDoS Attacks Detection Model and its Application

DDoS Attacks Detection Model and its Application DDoS Aacks Deecion Model and is Applicaion 1, MUHAI LI, 1 MING LI, XIUYING JIANG 1 School of Informaion Science & Technology Eas China Normal Universiy No. 500, Dong-Chuan Road, Shanghai 0041, PR. China

More information

A New Schedule Estimation Technique for Construction Projects

A New Schedule Estimation Technique for Construction Projects A New Schedule Esimaion Technique for Consrucion Projecs Roger D. H. Warburon Deparmen of Adminisraive Sciences, Meropolian College Boson, MA 02215 hp://people.bu.edu/rwarb DOI 10.5592/omcj.2014.3.1 Research

More information

Analysis of Pricing and Efficiency Control Strategy between Internet Retailer and Conventional Retailer

Analysis of Pricing and Efficiency Control Strategy between Internet Retailer and Conventional Retailer Recen Advances in Business Managemen and Markeing Analysis of Pricing and Efficiency Conrol Sraegy beween Inerne Reailer and Convenional Reailer HYUG RAE CHO 1, SUG MOO BAE and JOG HU PARK 3 Deparmen of

More information

Supplementary Appendix for Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking?

Supplementary Appendix for Depression Babies: Do Macroeconomic Experiences Affect Risk-Taking? Supplemenary Appendix for Depression Babies: Do Macroeconomic Experiences Affec Risk-Taking? Ulrike Malmendier UC Berkeley and NBER Sefan Nagel Sanford Universiy and NBER Sepember 2009 A. Deails on SCF

More information

Behavior Analysis of a Biscuit Making Plant using Markov Regenerative Modeling

Behavior Analysis of a Biscuit Making Plant using Markov Regenerative Modeling Behavior Analysis of a Biscui Making lan using Markov Regeneraive Modeling arvinder Singh & Aul oyal Deparmen of Mechanical Engineering, Lala Lajpa Rai Insiue of Engineering & Technology, Moga -, India

More information

INTEREST RATE FUTURES AND THEIR OPTIONS: SOME PRICING APPROACHES

INTEREST RATE FUTURES AND THEIR OPTIONS: SOME PRICING APPROACHES INTEREST RATE FUTURES AND THEIR OPTIONS: SOME PRICING APPROACHES OPENGAMMA QUANTITATIVE RESEARCH Absrac. Exchange-raded ineres rae fuures and heir opions are described. The fuure opions include hose paying

More information

Option Put-Call Parity Relations When the Underlying Security Pays Dividends

Option Put-Call Parity Relations When the Underlying Security Pays Dividends Inernaional Journal of Business and conomics, 26, Vol. 5, No. 3, 225-23 Opion Pu-all Pariy Relaions When he Underlying Securiy Pays Dividends Weiyu Guo Deparmen of Finance, Universiy of Nebraska Omaha,

More information

Heuristics for dimensioning large-scale MPLS networks

Heuristics for dimensioning large-scale MPLS networks Heurisics for dimensioning large-scale MPLS newors Carlos Borges 1, Amaro de Sousa 1, Rui Valadas 1 Depar. of Elecronics and Telecommunicaions Universiy of Aveiro, Insiue of Telecommunicaions pole of Aveiro

More information

Chapter 2 Kinematics in One Dimension

Chapter 2 Kinematics in One Dimension Chaper Kinemaics in One Dimension Chaper DESCRIBING MOTION:KINEMATICS IN ONE DIMENSION PREVIEW Kinemaics is he sudy of how hings moe how far (disance and displacemen), how fas (speed and elociy), and how

More information

Table of contents Chapter 1 Interest rates and factors Chapter 2 Level annuities Chapter 3 Varying annuities

Table of contents Chapter 1 Interest rates and factors Chapter 2 Level annuities Chapter 3 Varying annuities Table of conens Chaper 1 Ineres raes and facors 1 1.1 Ineres 2 1.2 Simple ineres 4 1.3 Compound ineres 6 1.4 Accumulaed value 10 1.5 Presen value 11 1.6 Rae of discoun 13 1.7 Consan force of ineres 17

More information

Premium Income of Indian Life Insurance Industry

Premium Income of Indian Life Insurance Industry Premium Income of Indian Life Insurance Indusry A Toal Facor Produciviy Approach Ram Praap Sinha* Subsequen o he passage of he Insurance Regulaory and Developmen Auhoriy (IRDA) Ac, 1999, he life insurance

More information

Constant Data Length Retrieval for Video Servers with Variable Bit Rate Streams

Constant Data Length Retrieval for Video Servers with Variable Bit Rate Streams IEEE Inernaional Conference on Mulimedia Compuing & Sysems, June 17-3, 1996, in Hiroshima, Japan, p. 151-155 Consan Lengh Rerieval for Video Servers wih Variable Bi Rae Sreams Erns Biersack, Frédéric Thiesse,

More information

4 Convolution. Recommended Problems. x2[n] 1 2[n]

4 Convolution. Recommended Problems. x2[n] 1 2[n] 4 Convoluion Recommended Problems P4.1 This problem is a simple example of he use of superposiion. Suppose ha a discree-ime linear sysem has oupus y[n] for he given inpus x[n] as shown in Figure P4.1-1.

More information

1. y 5y + 6y = 2e t Solution: Characteristic equation is r 2 5r +6 = 0, therefore r 1 = 2, r 2 = 3, and y 1 (t) = e 2t,

1. y 5y + 6y = 2e t Solution: Characteristic equation is r 2 5r +6 = 0, therefore r 1 = 2, r 2 = 3, and y 1 (t) = e 2t, Homework6 Soluions.7 In Problem hrough 4 use he mehod of variaion of parameers o find a paricular soluion of he given differenial equaion. Then check your answer by using he mehod of undeermined coeffiens..

More information

CLASSIFICATION OF REINSURANCE IN LIFE INSURANCE

CLASSIFICATION OF REINSURANCE IN LIFE INSURANCE CLASSIFICATION OF REINSURANCE IN LIFE INSURANCE Kaarína Sakálová 1. Classificaions of reinsurance There are many differen ways in which reinsurance may be classified or disinguished. We will discuss briefly

More information

A Joint Optimization of Operational Cost and Performance Interference in Cloud Data Centers

A Joint Optimization of Operational Cost and Performance Interference in Cloud Data Centers A Join Opimizaion of Operaional Cos and Performance Inerference in Cloud Daa Ceners Xibo Jin, Fa Zhang, Lin Wang, Songlin Hu, Biyu Zhou and Zhiyong Liu Insiue of Compuing Technology, Chinese Academy of

More information

The Kinetics of the Stock Markets

The Kinetics of the Stock Markets Asia Pacific Managemen Review (00) 7(1), 1-4 The Kineics of he Sock Markes Hsinan Hsu * and Bin-Juin Lin ** (received July 001; revision received Ocober 001;acceped November 001) This paper applies he

More information

The Real Business Cycle paradigm. The RBC model emphasizes supply (technology) disturbances as the main source of

The Real Business Cycle paradigm. The RBC model emphasizes supply (technology) disturbances as the main source of Prof. Harris Dellas Advanced Macroeconomics Winer 2001/01 The Real Business Cycle paradigm The RBC model emphasizes supply (echnology) disurbances as he main source of macroeconomic flucuaions in a world

More information

LINKING STRATEGIC OBJECTIVES TO OPERATIONS: TOWARDS A MORE EFFECTIVE SUPPLY CHAIN DECISION MAKING. Changrui Ren Jin Dong Hongwei Ding Wei Wang

LINKING STRATEGIC OBJECTIVES TO OPERATIONS: TOWARDS A MORE EFFECTIVE SUPPLY CHAIN DECISION MAKING. Changrui Ren Jin Dong Hongwei Ding Wei Wang Proceedings of he 2006 Winer Simulaion Conference L. F. Perrone, F. P. Wieland, J. Liu, B. G. Lawson, D. M. Nicol, and R. M. Fujimoo, eds. LINKING STRATEGIC OBJECTIVES TO OPERATIONS: TOWARDS A MORE EFFECTIVE

More information

International Journal of Supply and Operations Management

International Journal of Supply and Operations Management Inernaional Journal of Supply and Operaions Managemen IJSOM May 05, Volume, Issue, pp 5-547 ISSN-Prin: 8-59 ISSN-Online: 8-55 wwwijsomcom An EPQ Model wih Increasing Demand and Demand Dependen Producion

More information

A Universal Pricing Framework for Guaranteed Minimum Benefits in Variable Annuities *

A Universal Pricing Framework for Guaranteed Minimum Benefits in Variable Annuities * A Universal Pricing Framework for Guaraneed Minimum Benefis in Variable Annuiies * Daniel Bauer Deparmen of Risk Managemen and Insurance, Georgia Sae Universiy 35 Broad Sree, Alana, GA 333, USA Phone:

More information

Monte Carlo Observer for a Stochastic Model of Bioreactors

Monte Carlo Observer for a Stochastic Model of Bioreactors Mone Carlo Observer for a Sochasic Model of Bioreacors Marc Joannides, Irène Larramendy Valverde, and Vivien Rossi 2 Insiu de Mahémaiques e Modélisaion de Monpellier (I3M UMR 549 CNRS Place Eugène Baaillon

More information

Making Use of Gate Charge Information in MOSFET and IGBT Data Sheets

Making Use of Gate Charge Information in MOSFET and IGBT Data Sheets Making Use of ae Charge Informaion in MOSFET and IBT Daa Shees Ralph McArhur Senior Applicaions Engineer Advanced Power Technology 405 S.W. Columbia Sree Bend, Oregon 97702 Power MOSFETs and IBTs have

More information

Markit Excess Return Credit Indices Guide for price based indices

Markit Excess Return Credit Indices Guide for price based indices Marki Excess Reurn Credi Indices Guide for price based indices Sepember 2011 Marki Excess Reurn Credi Indices Guide for price based indices Conens Inroducion...3 Index Calculaion Mehodology...4 Semi-annual

More information

Mobile Broadband Rollout Business Case: Risk Analyses of the Forecast Uncertainties

Mobile Broadband Rollout Business Case: Risk Analyses of the Forecast Uncertainties ISF 2009, Hong Kong, 2-24 June 2009 Mobile Broadband Rollou Business Case: Risk Analyses of he Forecas Uncerainies Nils Krisian Elnegaard, Telenor R&I Agenda Moivaion Modelling long erm forecass for MBB

More information

Uptime. Working fine for the designated period on the designated system, i.e., reliability, availability, etc.

Uptime. Working fine for the designated period on the designated system, i.e., reliability, availability, etc. SENG 42: Sofware Merics Sofware Reliabiliy Models & Merics (Chaper 9) Deparmen of Elecrical & Compuer Engineering, Universiy of Calgary B.H. Far (far@ucalgary.ca) hp://www.enel.ucalgary.ca/people/far/lecures/seng42/9/

More information

STRUCTURING EQUITY INVESTMENT IN PPP PROJECTS Deepak. K. Sharma 1 and Qingbin Cui 2

STRUCTURING EQUITY INVESTMENT IN PPP PROJECTS Deepak. K. Sharma 1 and Qingbin Cui 2 ABSTRACT STRUCTURING EQUITY INVESTMENT IN PPP PROJECTS Deepak. K. Sharma 1 and Qingbin Cui 2 Earlier sudies have esablished guidelines o opimize he capial srucure of a privaized projec. However, in he

More information