In this paper we study the dividend optimization problem for a corporation or a financial institution when the management faces (regulatory) implementation delays. We consider several cash reservoir models for the firm including two mean-reverting processes, Ornstein-Uhlenbeck and square-root processes. Since the cash flow structure of different companies have different qualitative behaviors, i...

Emerging and re-emerging infectious diseases have become a major global environmental problem with important public health, economic, and political consequences. The etiologic agents of most emerging infectious diseases are zoonotic, and anthropogenic environmental changes that affect wildlife communities are increasingly implicated in disease emergence and spread. Although increased disease in...

This paper utilizes the Colliding Bodies of Optimization (CBO), Enhanced Colliding Bodies of Optimization (ECBO) and Vibrating Particles System (VPS) algorithms to optimize the reservoir system operation. CBO is based on physics equations governing the one-dimensional collisions between bodies, with each agent solution being considered as an object or body with mass and ECBO utilizes memory to ...

The article proposes a model for integrated management of a regulated watershed. In such systems, it is important to take into account not only the discharge released at the reservoir, but also the natural flows due to rainfall. The proposed model incorporates both inputs, and can be refined by considering different numbers of sub-basins corresponding to tributaries of the river. We discuss the...

A technique capable of capturing the dynamics of reservoir fluids in the proximity of production wells would provide enormous benefits to the reservoir management. In fact, monitoring can be used to develop a feedback loop between measurements and control technologies to optimize production. This paper validates the feasibility of a borehole radar tool as a permanent down-hole sensor for near-w...

Drought is an inevitable part of the world’s climate. It occurs in wet as well as in dry regions. Therefore, planning for drought and mitigating its impacts is essential. In this study, a hedging rule is developed using the zero/one mixed integer-programming approach. Furthermore, some procedures are introduced to ease the computational burden inherent in integer programming. Hedging rules are ...

Stone formation is a known long-term complications of continent urinary reservoirs. We present a rare case of a large stone in a continent cutaneous reservoir in a 56-year-old male managed with percutaneous cystolithotomy. The patient presented with recurrent urinary tract infections and stomal incontinence. CT revealed an 8-cm stone occupying the entire lumen of his reservoir. Rather than remo...

In this paper, we demonstrate the feasibility of jointly inverting 4D gravity data collected on the surface and in a borehole setting to characterize fluid contact movement over time. As technology rapidly advances towards a practical borehole gravity meter capable of collecting data in horizontal monitoring wells, the foundations for properly inverting and interpreting these valuable data must...

I measured physico-chemical properties and phytoplankton in the small, shallow tropical reservoir of Oyun (Offa, Nigeria) between January 2002 and December 2003. I identified 25 phytoplankton genera in three sampling stations. Bacillariophyceae dominated (75.3%), followed by Chlorophyceae (12.2%), Cyanobacteria (11.1%) and Desmidiaceae (0.73%). The high amount of nutrients (e.g. nitrate, phosph...

In oil and gas industry, oil is produced from wells drilled into the oil reservoirs. A thorough understanding and characterization of the subsurface is crucial to sustainable management of a reservoir. The subsurface, however, is largely heterogeneous and oil is not present everywhere. For our study area, the reservoir rock is categorized as three facies: brine sand, oil sand and shale, and it ...