KATAPAK-S is a type of structured catalytic packing, which is used in reactive distillation processes. The dry pressure drop characteristic (the pressure drop in the absence of liquid flow) is of significant importance for the investigation of process hydrodynamics. In this paper, the dry pressure drop within the catalyst packed channels of KATAPAK-S has been investigated using Computational Fl...

Dilution is one of the various existing methods in reducing heavy crude oil viscosity. In this method, heavy crude oil is mixed with a solvent or lighter oil in order to achieve a certain viscosity. Thus, precise mixing rules are needed to estimate the viscosity of blend. In this work, new empirical models are developed for the calculation of the kinematic viscosity of crude oil and diluent ble...

Examining the cooling rate using impingement of air jet finds a wide application in electronic packaging and micro-scale fluid heat interaction systems, While the prediction of Nusselt profile at low nozzle-target spacing is a big issue. The plot of area average Nusselt number magnitude against the nozzle-target spacing (Z/d) shows a gradual decrement in the profile upto Z/d = 1 and beyond that...

The effects of longand short-range correlations on the charge distributions of some medium and heavy nuclei are investigated. The long-range correlations are treated within the Random Phase Approximation framework and the short-range correlations with a model inspired to the Correlation Basis Function theory. The two type of correlations produce effects of the same order of magnitude. A compari...

It is commonly believed that the correlations between stock returns increase in high volatility periods. We investigate how much of these correlations can be explained within a simple non-Gaussian one-factor description with time independent correlations. Using surrogate data with the true market return as the dominant factor, we show that most of these correlations, measured by a variety of di...

In this paper, we examine the effect of intra-industry credit contagion using three different kinds of intra-industry measures in our empirical study. We apply the competitive strategic measure (CSM) of Sundaram et al. (1996) to capture the strategic interaction faced by firms. We also consider the measure of industry-wide financial distress and the measure of equity correlations. We use the fo...

This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the construction of Marxist national accounts from traditional input-output data. With respect to the seco...

This paper examines the hedging effectiveness of gold futures for the stock market in minimizing variance and downside risks, including value at risk and expected shortfall using data from the Iran emerging capital market during four different sub-periods from December 2008 to August 2018. We employ dynamic conditional correlation models including VARMA-BGARCH (DCC, ADCC, BEKK, and ABEKK) and c...

Two-phase heat transfer coefficients for internal flows play a critical role in the design and analysis of evaporators and condensers. Previous studies propose empirical relations that combine the effects of nucleate and convective boiling onto the overall heat transfer coefficient. Although these relatively simple empirical relations offer physical insight on the nucleation, boiling and flow p...

A semi-empirical model for simulating thermal and energy performance of an automotive air-conditioning (AAC) system in passenger vehicles has been developed. The model consists of two sections, namely empirical evaporator correlations and dynamic load simulation. The correlations used consider sensible and latent heat transfer performance of the evaporator coil. The correlations were obtained f...