In this article, we analyze the application of options contract in the special commodity supply chain such as fresh agricultural products. This problem is discussed from the point of the retailer. When spot market and future market are both available, we discuss how the retailer chooses the optimal production. Furthermore, overconfidence is introduced to the supply chain of the fresh agricultur...

Lamport’s Happened-before relation is fundamental to coordinating actions in asynchronous systems. Its role is less dominant in synchronous systems, in which bounds are available on transmission times over channels. This paper initiates a study of the role that time bounds play in synchronous systems by focusing on two classes of problems: Ordered Response, in which a triggering event must be f...

INTRODUCTION The chemical industry is a much safer place to work than many industries with fewer inherent hazards. Nevertheless, almost all the accidents that have occurred need not have occurred. Most of them have happened before and have been described in published reports. Someone knew how to prevent them even if the people on the job at the time did not. There is something seriously wrong w...

1 Surface Radar, Thales Nederland B.V. Haaksbergerstraat 49, 7554 PA Hengelo, The Netherlands 2NURC, NATO Research Centre, Viale S. Bartolomeo 400, 19126 La Spezia, Italy 3German Defence Establishment (FGAN-FKIE), Neuenahrer Strasse 20, 53343 Wachtberg, Germany 4Naval Undersea Warfare Center, 1176 Howell Street, Newport, RI 02841-1708, USA 5Metron Inc., 11911 Freedom Drive, Suite 800, Reston, V...

The localization accuracy of a track-before-detect search for a target moving across a distributed sensor field is examined in this paper. The localization accuracy of the search is defined in terms of the area of intersection of the spatial-temporal sensor coverage regions, as seen from the perspective of the target. The expected value and variance of this area are derived for sensors distribu...

Temporal uncertainty in raw data can impede the inference of temporal and causal relationships between events and compromise the output of data-to-text NLG systems. In this paper, we introduce a framework to reason with and represent temporal uncertainty from the raw data to the generated text, in order to provide a faithful picture to the user of a particular situation. The model is grounded i...

In a distributed system, it is often important to detect the causal relationships between events, where event e 1 is causally before event e 2 if e 1 happened before e 2 and could possibly have aaected the occurrence of e 2. In this paper we argue that detecting causal relationships among events can be important for security, in the sense that it may be essential to the correct implementation o...

It is easy to live for the day. All lazybones do that and legitimately those who have finally taken a rest and enjoy in a relaxed way what is offered to them. The more eventful the better since then it is easy to forget what happened before and since unconnected impressions can be grasped in a particularly fresh way, in a virtually raw way. And in the same way as one might live for the moment, ...

As the name indicates, a renewal process is one that “renews” itself regularly. That is, there is a sequence of times {Tn, n ∈ Z} such that the process after time Tn is independent of what happened before that time and has a distribution that does not depend on n. We have seen examples of such processes before. As a simple example, one could consider a Poisson process with jump times Tn. As ano...