Nonlinear analyses of exchange rates of six emerging markets

This paper presents some empirical evidences on the presence of nonlinearity of exchange rates of six emerging markets by using Brock-Dechert-Scheinkman (BDS) test and Volterra-Wiener-Korenberg (VWK) model, respectively. The nonlinear dependences are found in the exchange rates of six emerging markets. Furthermore, this paper applies the VWK model with surrogate data method to detect if their nonlinear dependences are deterministic or not. The results show that the above exchange rates are deterministic and nonlinear time series. These imply that the exchange rate markets do not conform to the requirements of the random walk hypothesis. Therefore, the nonlinear dynamic model should be used to analyze the exchange rates.     

Image fusion scheme based on nonsubsampled contourlet and block-based cosine transform

A kind of nonsubsampled contourlet and block-based cosine transform (NSCBCT) is developed, and its application in image fusion is studied in this paper. The construction of filtering banks is based on the nonsubsampled contourlet transform (NSCT) and block-based discrete cosine transform (B-DCT). We combine NSCT and B-DCT to design filters that lead to NSCBCT with better singularity representation than either of them in isolation. A design framework based on the hybrid approach is proposed, which allows for the fast implementation based on NSCT and B-DCT respectively. In addition, a new image fusion scheme based on NSCBCT for multispectral and panchromatic satellite images is proposed. Firstly, because it adopts NSCT, the fused satellite images have higher spatial resolution than those based on wavelets. Secondly, based on the localized high frequency information provided by B-DCT, the proposed fusion scheme can reduce the spectral distortion of the fused image further. Experimental results show that the proposed fusion method is able to increase the spatial resolution and reduce the spectral distortion of the fused image at the same time.     

Grafting watermelon seedling production management system based on process control strategy

Greenhouse environmental management, seedling bed scheduling, and fertilizer and water management are the core technologies of seedling nursery. Precision management and control of the whole production process guarantees high grated seedling quality. In order to improve management efficiency of grafted watermelon seedling production and seedling quality, this paper designs and develops a grafted watermelon seedling production management system based on process control methods by process control strategy, seedling bed planning design, and handheld device technology.     

Personalization method of e-catalog based on user interesting degree

The user interesting degree evaluation index is designed to fulfill the users’ real needs, which includes the user’ attention degree of commodity, hot commodity and preferential commodity. User interesting degree model (UIDM) is constructed to justify the value of user interesting degree; the personalization approach is presented; operations of add and delete nodes (branches) are covered in this paper. The improved e-catalog is more satisfied to users’ needs and wants than the former e-catalog which stands for enterprises, and the improved one can complete the recommendation of related products of enterprises.     

A relaxed-PPA contraction method for sparse signal recovery

Sparse signal recovery is a topic of considerable interest, and the literature in this field is already quite immense. Many problems that arise in sparse signal recovery can be generalized as a convex programming with linear conic constraints. In this paper, we present a new proximal point algorithm (PPA) termed as relaxed-PPA (RPPA) contraction method, for solving this common convex programming. More precisely, we first reformulate the convex programming into an equivalent variational inequality (VI), and then efficiently explore its inner structure. In each step, our method relaxes the VI-subproblem to a tractable one, which can be solved much more efficiently than the original VI. Under mild conditions, the convergence of the proposed method is proved. Experiments with l ₁ analysis show that RPPA is a computationally efficient algorithm and compares favorably with the recently proposed state-of-the-art algorithms.     

Human reliability analysis method on armored vehicle system considering error correction

Human reliability analysis(HRA) is an expansion of man-machine engineering. It is also a new multidisciplinary based on behavioral science, cognitive science, information processing, system analysis and probability statistics in order to analyze, predict, reduce and prevent human errors. Firstly, the quantitative analysis model of HRA is proposed based on Markov process theory by using human error probability(HEP) and error correction cycle(ECC) as parameters. And human reliability evaluation criterion is built. Then, the HRA process considering error correction is proposed based on cognitive reliability and error analysis method(CREAM). Finally, according to the characteristics of armored vehicle system, common performance condition(CPC) in CREAM is improved.A reliability impact index is characterized by the overall contexts of tasks. Human reliability evaluation criterion of armored vehicle system is formulated. And the result of HRA is obtained based on the method presented in this paper. In addition, the relative weights are estimated by combining scale of 10/10—18/2 and analytical hierarchy process(AHP), and the triangular fuzzy number considering confidence factor and optimism index is adopted in order to reduce the subjectivity. The analysis results show that the method presented in this paper is reasonable and feasible. Meantime, the method can provide guidance for human reliability analysis of other weapon systems.     

Review of managing the risks of offshore banking and its implications for the China (Shanghai) Pilot Free Trade Zone

As more and more Chinese and foreign-funded banks settle in the China (Shanghai) Pilot Free Trade Zone (CSPFTZ), it has become an imperative to enhance risk management of offshore banking. At the international level, the regulatory effort for offshore banking mainly focuses on tax evasion and money laundering. Existing regulatory frameworks have established standards to identify countries providing facilities for money laundering and developed punitive measures. In terms of strategy, it is suggested that, firstly, relevant regulatory measures should be improved in the short term, and it is necessary to define the scope of offshore banking and regulatory measures for Chinese banks and foreign-funded banks under a suitable legal framework. Secondly, it is necessary to establish risk exposure mechanism and risk evaluation system for the offshore banking in the CSPFTZ, while risk management measures are implemented based on on-site supervision. Thirdly, in the medium and long term, it is necessary to enhance management of potential risks which can be created by offshore banking due to deregulation. Fourthly, on the one hand, specific regulations should be formulated to provide a regulatory basis for taxation; on the other hand, tax informational exchange agreements (TIEAs) may be used as a reference for achieving effective tax regulation.     

Investigation on the formation mechanism of ordered carbide (FeMn)<Subscript>3</Subscript>AlC in the Al added twinning-induced plasticity steels

The spinodal composition zone in Al added Fe-Mn-Al-C twinning-induced plasticity（TWIP） steels can be determined by contents of Al and C and aging temperature together, based on the thermodynamic analysis. Precipitation of ordered（FeMn）₃AlC carbide by the mechanism of spinodal decomposition occurs in the C-rich and Al-rich zone with low aging temperature. Increase of aging temperature shrinks spinodal composition zone to the high Al and C contents. As a result, the precipitation of（FeMn）₃AlC carbide alters from spinodal decomposition to classical nucleation-growth manner gradually. Further calculation indicates that the diffusion of Al can play a key role in determining the growth rate of（FeMn）₃AlC carbide at high aging temperature.     

Study on launch dynamics of the tank marching fire

As an army main battle equipment, it is required that the tank should have high firing accuracy and high first round hit probability during marching. The initial disturbance of the projectile is the premier factor that takes effect on the marching fire accuracy of the tank. And the marching fire accuracy of the tank depends on the launch dynamics behaviors of the tank. In this paper, the launch dynamics theory of a tank marching fire is studied, and its launch dynamics model is established. Based on the transfer matrix method for multibody system(MSTMM) and the automatic deduction theorem of overall transfer equations, the overall transfer equation and the overall transfer matrix of a tank multibody system are deduced; the launch dynamics equations of the tank marching fire are deduced, and the dynamic response of the tank system, the motion of projectile in barrel, the initial disturbance of the projectile and the vertical target dispersion are exactly simulated; meanwhile, the results of simulation are verified by tests. This work provides both theoretical foundation and simulation approaches for improving the marching fire accuracy of the tank.