STRESS-TESTING IN INDUSTRIAL PRODUCTION: MODELING THE STABILITY BARRIER

Enhanced Stress Testing and Financial Stability

To date, regulatory bank stress testing in the United States has focused on ensuring the banking system is resilient to losses in one or a few stress scenarios that involve macro-economic weakness, but it is unclear how far this resilience extends beyond the stress scenarios considered. In addition, a theory of which stress-scenarios should be chosen to achieve systemic-risk reduction objective...

Sequential Modeling and Structural Anomaly Analytics in Industrial Production Environments

The analysis of sequential data is a prominent research topic, e. g., for investigating actions, events or log entries. This demonstration paper presents an integrated approach for anomaly analytics in an industrial production scenario. Based on first-order Markov chain models, we analyse sequential trails relative to specific hypotheses in an industrial application context. We summarize the ap...

Modeling and Optimizing Intellectual Asset Production in Industrial Laboratories

We present a modeling framework to maximize value output of an industrial laboratory in which there is open-end research department that generates novel ideas and multiple development stages that commercialize some ideas into intellectual assets as well as final products. Resources control takes place at both tactical and strategic levels. The former decision is made at a fast time scale, and d...

Modeling of Industrial Psa Process for Fuel Ethanol Production

Dehydration of ethanol via adsorption on 3Å molecular sieves has recently been increasing in application in industry as an alternative to the conventional separation techniques for breaking the ethanol-water azeotrope. Over the past 20 years, Pressure-Vacuum Swing Adsorption (PSA) processes have gained increasing commercial acceptance as an energy-efficient separation technique. A general purpo...

The Impact of Oil Price Rise on Industrial Production