This paper presents an analytical view of variance reduction by control variate technique for pricing arithmetic Asian options as a financial derivatives. In this paper, the effect of correlation between two random variables is shown. We propose an efficient method for choose suitable control in pricing arithmetic Asian options based on the control variates (CV). The numerical experiment shows ...

Model checking is an automatic technique for software verification through which all reachable states are generated from an initial state to finding errors and desirable patterns. In the model checking approach, the behavior and structure of system should be modeled. Graph transformation system is a graphical formal modeling language to specify and model the system. However, modeling of large s...

In this paper, global uniform exponential stability of perturbed dynamical systems is studied by using Lyapunov techniques. The system presents a perturbation term which is bounded by an integrable function with the assumption that the nominal system is globally uniformly exponentially stable. Some examples in dimensional two are given to illustrate the applicability of the main results.

Nowadays, the assessment of environmental performance has received considerable attention by environmental strategy advocators and decision makers. In recent years, increased emission of CO2 into the air, water pollution, and global warming are universal problems all over the world. Therefore, development of firms with less CO2 emission is an important issue of attention in every area of produc...

In this paper an efficient high step-up converter with a coupled- inductor with soft- switching operation is presented. The proposed topology includes a coupled-inductor boost converter for raising the voltage gain. Moreover, a simple auxiliary resonant circuit composed of an auxiliary switch, a clamping diode and a resonant tank (inductor, capacitor), is adopted in this paper. The coupled-indu...

this paper presents an overview of new approaches in rapid product development in production networks from design points of view. the manufacturing industries are changing their focus to global sourcing as a means to improve performance and enhance competitiveness. some partnerships created with this strategy improve product development through collaborative design. with the advent of e-commerc...

microgrid presents an efficient and novel solution for integrating many new energy generating resources with traditional distribution networks. having an appropriate protective scheme is a fundamental challenge in achieving microgrid plans. it is proven that traditional protective plans are not efficient for protecting microgrid, since the network is dynamic and the level of fault current chang...

Abstract The purpose of this study is to consider an international facility location problem under uncertainty and present an integrated model for strategic and operational planning. The paper offers two methodologies for the location selection decision. First the extended VIKOR method for decision making problem with interval numbers is presented as a methodology for strategic evaluation of po...