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With the rapid development of China's economy, the number of private equity investment funds has increased greatly in recent years. Equity investment funds help to accelerate the growth of enterprises. However, due to the low entry threshold of equity investment funds, the financial accounting knowledge...

Writing is a difficult point in English teaching, and good writing ability needs the accumulation of English quality. As a result, teachers have spent plenty of time in teaching English writing for a long time. However, at present, the traditional teaching method of English writing is always based on...

Due to the nonlinear relationship between vehicle engine fault characteristics, traditional methods can not accurately describe the correlation characteristics between different features, it is very difficult to achieve accurate diagnosis of vehicle engine fault. In order to improve the accuracy of vehicle...

Traffic lights play a significant role in regulating traffic flow. Due to the use of stationary phase and fixed cycle in traditional systems, it is not feasible to adjust the phase time to meet real-time traffic demand, resulting in delays, inefficiencies and other losses for traffic participants. This...

Customized bus, a new-type traveling mode in China, now has become the first choice for part of city residents due to its quality services. However, customized bus in China is still at the initial stage of exploration. Its route design and vehicle scheduling have not yet formed a unified methodology....

In this paper, we propose the Fuzzy Scheduling System (FSS) to deal with the dedicated machine constraint. The constraint of having a dedicated machine for photolithography process is the new issue introduced in photolithography machinery due to natural bias. If we randomly schedule the wafer lots to...

Due to the rapid grow up of transaction volume of derivatives in the financial market, the Black-Scholes options pricing model (BSM) is played an important role recently and widely applied in various options contract. However, this theoretical model limited by the influences of many unexpected real world...

The Black-Scholes options pricing model (BSM) is limited by the influences of many unexpected real world phenomena caused due to its six unreasonable assumptions, which often make the miss-pricing result because of the difference of market convention in practical. If we were to soundly take these phenomena...

In 2005, Sun, Hsieh, and Hwang proposed two secure e-mail protocols with perfect forward secrecy. In the first protocol, the authors apply smart card and Diffie-Hellman key agreement scheme to achieve the perfect forward secrecy. However, due to it requires a smart card to store some parameters, it is...

Most of GA-based portfolio assets allocation uses normalization method to allocate investment asset’s weight. However, the normalization process will cause unease converging and even diverging characteristics, because it changes the gene’s relativity of address in chromosome. In this paper, we propose...

Information technology (IT) has been extensively adopted in banking industries. The reasons for this massive adoption of IT are mainly twofold: for individual banks, IT can reduce banks’ operational costs (the cost advantage), and facilitate transactions among customers within the same network (the network...

A general phenomenon puzzles all investors is that on one hand, most individual investors believe they need to construct the portfolio consisting of 15 or more stocks to prevent risk because that large investment companies frequently get high returns is due to they obey the existing investment theory...

Due to the flood of pornographic web sites on the internet, content-based web filtering has become an important technique to detect and filter inappropriate information on the web. This is because pornographic web sites contain many sexually oriented texts, images, and other information that can be helpful...

In this paper we introduce a practicable system by combining a vision processing algorithm and a fuzzy controller to obtain an efficient active tracker. Target tracking performance is heavily dependent on a good blend of vision algorithm and control. Because of performance and computational complexity,...

The self-organizing map (SOM), as a kind of unsupervised neural network, has been applied for both static data management and dynamic data analysis. To further exploit its ability in search, in this paper, we propose an SOM-based search algorithm (SOMS) for dynamic systems, in which the SOM is employed...

The mean-variance framework for portfolio selection should be revised when investor’s concern is the downside risk. This is especially true when the asset returns are not normal. In this paper, we incorporate value-at-risk (VaR) in portfolio selection and the mean-VaR framework is proposed. Due to the...

A link in production network is usually a creditor-debtor relationship. If a firm goes into financial insolvency state or bankruptcy, then firms on its upstream can have secondary effect from the bankruptcy. By using the recent 10 years data of bankruptcy in japan, we show that these causes of ``link...

Consider an enterprise that wants to expand its business to multiple cities in global and to be one of well-known multinational enterprises (MNEs). Suppose the MNE hopes each planning investment subsidiary gleans a specific target return within a constant time horizon. Under this premise, this paper...

License plate detection process can be divided in two parts 1] plate extraction, 2] character segmentation. License plate detection relies on illumination conditions, background and mainly on camera resolution. There is absence of any common standard to compare various algorithms for a LPD system, because...