uncertainty inherent in the financial market was usually consid- ered to be random. however, randomness is only one special type of uncer- tainty and appropriate when describing objective information. for describing subjective information it is preferred to assume that uncertainty is fuzzy. this paper defines the expected payoof trading strategies in a fuzzy financial market within the framewor...

process capability indices (pcis) can be used as an effective tool for measuring product quality and process performance. in classic quality control there are some limitations which prevent a deep and flexible analysis because of the crisp definition of pca‟s parameters. fuzzy set theory can be used to add more flexibility to process capability analyses. in this study, the fuzzy x ba and mrx ba...

the classical method of process capability analysis necessarily assumes that collected data are independent; nonetheless, some processes such as biological and chemical processes are autocorrelated and violate the independency assumption. many processes exhibit a certain degree of correlation and can be treated by autoregressive models among which the autoregressive model of order one (ar (1)) ...

nitrogen is produced mainly from its most abundant source, the air, using three processes: membrane, pressure swing adsorption (psa) and cryogenic. the most common method for evaluating a process is using the selection diagrams based on feasibility studies. since the selection diagrams are presented by different companies, they are biased, and provide unsimilar and even controversial results. i...

process mining includes the automated discovery of petri nets from event logs. these event logs are the starting point for various discovery and analysis techniques of the process.  in this paper process model is developed using colored petri nets (cpns) and the supporting software package cpn tools. the restaurant process model is represented for the analysis using a combination of process min...

multivariate process capability indices (mpci) show how well a manufacturing process can meet specifica-tion limits when quality characteristics enclose a relative correlation. process capability is an important and commonly used metric for assessing and improving the quality of a production process. when quality charac-teristics of a product are correlated then an attractive comes close to mpc...

abstract background: dyes are visible materials and are considered as one of the hazardous components that make up the industrial waste. dye compounds in natural water, even in very low concentrations, will lead to environmental problems. azo dyes are compounds with one or more –n=n– groups and are used in textile industry. because of its low price, solubility, and stability, azo dyes are widel...