Risk and return of U.S. water transportation stocks over time and over bull and bear market conditions

The aim of this paper is to investigate the behaviour of water transportation company stock returns in the U.S. stock exchanges from 1985 to 1994 in order to determine whether the systematic risk of this industry is different from that of the 'average' company in the market, whether it has changed over the ten year period, over bull and bear market conditions, and whether there is a firm 'size' effect in the industry. In the context of the Capital Asset Pricing Model (Capm), we find that the systematic risk of the shipping industry return is not different from that of the 'average' company. It is also found that the covariance of water transportation companies with respect to the overall stock market return did not change over the ten year period although it appears that it has changed over normal upward/downward market movements. There is also reasonable evidence that the intercept of the equation might have changed over normal upward/downward market movements. Finally, we document contradictory evidence regarding the size effect; during the period 1985-1989 we find small companies to have significantly higher returns and risk while during the period 1990-1994 medium size companies tend to have higher risk than small and large firms, which is not however compensated by higher returns.     

论人才队伍建设与企业跨越式发展

本文结合中国铁路工程总公司人力资源管理工作实践 ,论述了建设高素质人才队伍和学习型机制在企业发展中的重要作用 ,指出了高素质的企业家、高水平的专家、高技能的技师和高效率的政工干部等四支人才队伍培养的核心和重点 ,并分析了人力资源管理创新中的几个关键问题     

电压型逆变器输出电压检测与数字滤波方法研究

针对实时、准确地检测电压型逆变器输出电压基波比较困难的问题，从检测逆变器的直流支撑电压入手，提出了一种根据控制器的输出脉冲序列，利用ＤＳＰ进行实时计算逆变器输出电压基波瞬时输出值的新方案，试验结果证明了方案的可行性。     

《MARPOL73/78》附则VI与柴油机NO_x排放控制技术

着重介绍《MARPOL 73/78》附则VI的起源和发达国家船舶柴油机氮氧化物(NOx)的排放控制技术发展状况,随着《MARPOL 73/78》附则VI的正式实施和今后国际海事组织(IMO)对《MARPOL 73/78》附则VI的进一步修订,船舶柴油机NOx的排放控制及其相关技术会受到包括轮机管理在内的相关人员越来越多的关注。     

基于闭环力反馈原理的非线性液压主动阻尼悬架模型的研究及优化设计

本文在理论上建立了一套基于主动力反馈原理的新型主动阻尼悬架的设计和优化方法。首先提出了该主动阻尼悬架的实现模型，该模型是在传统的液力减振器的基础上，应用半主动控制的思想，结合力反馈的原理建立起来的内部液压反馈阻尼网络模型。理论优化分析和计算机仿真表明，通过该液阻网络模型，即可以实现电控的主动阻尼悬架的功能，它可以根据汽车行驶路况的好坏，自适应地调节悬架阻尼大小以实现主动阻尼悬架的最优控制。     

Analysis of Driver's Decelerating Strategy in a Car-following Situation

This report describes a decelerating driver-model expressed by driving mode transition in car-following situations. The assumptions for constructing the model are that decelerating strategy of a driver is classified into several simple driving modes and that a driver changs his driving modes based on his perceptible characteristics and experiential rules. Deceleration action is divided into three states; following, standing and braking, which are applied to the model. The model has two paths for driver's decelerating action, one of which is selected by the driver based on the perceptible characteristics and experiential rules. The suitability of the model has been experimentally verified.     

Multiphysic modelling of railway vehicles equipped with pneumatic suspensions

This article presents a multidisciplinary approach of railway pneumatic suspension modelling: both multibody and pneumatic aspects are taken into account. The work aims at obtaining a realistic model of the secondary suspension and coupling it with a multibody model of a train. Various components of the pneumatic circuit such as bellows, tanks, pipes and valves are taken into account. The article focuses on the bellow-pipe-tank subsystem for which several modelling approaches are presented and compared. Differences between differential and algebraic models are highlighted, and an application-dependent choice between them is suggested. A complete model of the pneumatic circuit is then obtained and coupled with a multibody model of the train. As a result, the behaviour of a suburban train equipped with a pneumatic secondary suspension is analysed, in particular undesired oscillating motions which affect the comfort. Topological modifications and improvements of the suspension are also investigated and discussed.     

三点式四象限变流器的计算机仿真设计

阐述了三点式四象限变流器的性能、特点及ＰＷＭ调制波的形成，提出了系统的微机控制方案，建立了系统的数学模型，最后给出了仿真波形。     

VANTAGE PDMS在WZ11—1平台详细设计中的应用

主要介绍中国海洋石油西部分公司WZ11．1平台的特点及VANTAGE PDMS三维设计软件在该平台详细设计中的成功应用。     

Managing transportation during highway reconstruction: A recommended process

Major highway reconstruction can cause significant disruptions to existing travel patterns and economic activity. Reducing these impacts on travelers, shippers, businesses and residents requires that innovative and effective transportation management actions be developed and implemented. This paper reports the major findings and recommendations of a research study on managing transportation during highway, reconstruction. The primary objectives of the study were