The complexity and on-line algorithm for automated storage and retrieval system with stacker cranes on one rail

This paper considers an on-line scheduling and routing problem concerning the automated storage and retrieval system from tobacco industry. In this problem, stacker cranes run on one common rail between two racks. Multiple input/output-points are located at the bottom of the racks. The stacker cranes transport bins between the input/output-points and cells on the racks to complete requests generated over time. Each request should be accomplished within its response time. The objective is to minimize the time by which all the generated requests are completed. Under a given physical layout, the authors study the complexity of the problem and design on-line algorithms for both one-stacker-crane model and two-stacker-crane model. The algorithms are validated by instances and numerical simulations.     

Liquidity dynamics around intraday price jumps in Chinese stock market

Using 4128 single jumps detected from high frequency data of 220 individual stocks in SZ300P index, this paper investigates the liquidity dynamics around price jumps in Chinese market. Some interesting empirical results are obtained and the corresponding explanations are given. The frequency of positive jumps is quite higher than that of negative jumps. The trading volumes and average trade sizes are all in a high level around positive jumps. The relatively low liquidities around negative jumps show that negative jumps may be generated and enlarged by poor liquidity provision. The price reversal after price jumps is significant, and price reversal lasts longer after positive jumps. Moreover, the size and direction of jumps are significantly correlated with the returns and trades in the post-jump trading time. These findings are believed to be associated with the high proportion of retail investors and their herding behavior for price trend chasing.     

Citizenship and Voluntarism: A Meaningful Combination or the Basis for Exploitative Relationships?

The author starts from the observation that citizenship and voluntarism are contested terms with diverse meanings. They have also been appropriated by politicians of various persuasions and imbued with meanings associated with ‘feel good’ factors that emphasize serving in a community. Therefore, voluntarism has the potential to continue the exclusion of minority groups, marginalized individuals and collective groupings at the expense of their citizenship rights, particularly those identified by Hannah Arendt as the ‘right to have rights’ that have been endorsed through public policy but today are being undermined by the ‘age of austerity’ in publicly funded welfare states. Against the background of the political context of UK, and the public rhetoric on the ‘Big Society’, the author examines whether citizenship discourses allied with voluntarism support a meaningful endorsement of altruistic solidarity or whether they endorse exploitative relationships under the guise of meeting the public needs.     

A Hyper-Erlang Jump-Diffusion Process and Applications in Finance

This paper studies the first passage time problem for a reflected two-sided jump-diffusion risk model with the jumps having a hyper-Erlang distribution. The authors give the explicit closed-form expression for the joint Laplace transform of the first passage time and the overshoot for the reflected process. Finally, the formula is applied to the ruin problem under the barrier dividend strategy and the pricing of the Russian option.     

Deep cleaning of a metallurgical zinc leaching residue and recovery of valuable metals

Huge quantities of zinc leaching residues (ZLRs) generated from zinc production are dumped continuously around the world and pose a potential environmental threat because of their considerable amounts of entrained heavy metals (mainly lead). Most ZLRs have not been properly treated and the valuable metals in them have not yet been effectively recovered. Herein, the deep cleaning of a ZLR and recovery of valuable metals via a hydrometallurgical route were investigated. The cleaning process consists of two essential stages:acid leaching followed by calcium chloride leaching. The optimum conditions for extracting zinc, copper, and indium by acid leaching were a sulfuric acid concentration of 200 g·L-1, a liquid/solid ratio of 4:1 (mL/g), a leaching time of 2 h, and a temperature of 90℃. For lead and silver extractions, the optimum conditions were a calcium chloride concentration of 400 g·L-1, a pH value of 1.0, a leaching time of 1 h, and a temperature of 30℃. After calcium chloride leaching, silver and lead were extracted out and the lead was finally recovered as electrolytic lead by electrowinning. The anglesite phase, which poses the greatest potential environmental hazard, was removed from the ZLR after deep cleaning, thus reducing the cost of environmental management of ZLRs. The treatment of chlorine and spent electrolyte generated in the process was discussed.     

The Dynamics of Change in Everyday Life: Final Response

Due to Swedish history, to date there has been a common understanding of the meaning of volunteering in Sweden. However, it seems as if the meaning of volunteering is changing in Sweden, at least in some atypical hybrid organizations. However, this change presupposes that there is a conception of volunteering that has been institutionalized by tradition. Hence, to understand this change, one has to capture the institutionalized meaning of volunteering. In the academic debate there is sometimes an implied opposition between conceptual meaning and existential meaning. It is argued that this divide is unfortunate, the existential aspect presupposes the conceptual aspect of meaning. The study of the meaning of volunteering is an attempt to uncover existential meaning in everyday life. Neither the cognitive meaning nor the existential meaning of volunteering is an objective fact but fragile and dependent upon contextual factors.     

Paleocurrent analysis on the basal conglomerate of the model Changzhougou formation in Qian’an

The paleoflow direction of the basal conglomerate of the Changzhougou formation is obtained by the paleocurrent analysis of certain sedimentary structures, and the ancient sedimentary environment of the Qian'an Region is determined by observing the psephicity and gradation of gravel in conglomerate. The results show that the paleoflow direction is from northwest to southwest, and the paleocurrent data manifest a single-peak style in a rose diagram. The average paleoflow direction in the Qian'an region is 265°. The basal conglomerate is of littoral facies, and the sediments of conglomerates are mainly sourced from Shanhaiguan.     

Stability of coupled impulsive Markovian jump reaction-diffusion systems on networks

This paper is devoted to the investigation of stability for a class of coupled impulsive Markovian jump reaction-diffusion systems on networks (CIMJRDSNs). By using graph theory, a systematic method is provided to construct global Lyapunov functions for the CIMJRDSNs. Based on Lyapunov functions and stochastic analysis method, some novel stability principles associated with the topology property of the networks are established.     

Robust output regulation problem for discrete-time linear systems with both input and communication delays

Recently, the robust output regulation problem for continuous-time linear systems with both input and communication time-delays was studied. This paper will further present the results on the robust output regulation problem for discrete-time linear systems with input and communication delays. The motivation of this paper comes from two aspects. First, it is known that the solvability of the output regulation problem for linear systems is dictated by two matrix equations. While, for delay-free systems, these two matrix equations are same for both continuous-time systems and discrete-time systems, they are different for continuous-time time-delay systems and discrete-time time-delay systems. Second, the stabilization methods for continuous-time timedelay systems and discrete-time time-delay systems are also somehow different. Thus, an independent treatment of the robust output regulation problem for discrete-time time-delay systems will be useful and necessary.