Optimal combinational of quota-share and stop-loss reinsurance contracts under VaR and CTE with a constrained reinsurance premium

This paper considers the problem of minimizing the VaR and CTE of an insurer’s retained risk by controlling the combinational quota-share and stop-loss reinsurance strategy. With a constrained reinsurance premium, the authors give the explicit reinsurance forms and the minimal VaR and CTE of retained risk in the case of quota-share after stop-loss reinsurance and the case of stop-loss after-quota-share reinsurance respectively. Finally, the authors conclude that the quota-share after stop-loss is a better reinsurance strategy than stop-loss after quota-share to minimize the VaR and CTE with a same constrained reinsurance premium. And the pure stop-loss reinsurance is preferred for an insurer with a high level regulatory requirement.     

ICL7135与单片机接口电路设计

介绍了双积分A/D转换器ICL7135与AT89C51进行串行数据采集的原理、接口电路的连接方法及时钟频率选择,并且通过实验数据及图形证明了该方法的可行性.     

A situation calculus based approach to dynamic management of e-business services

In the era of e-businesses, the traditional business services are greatly challenged by the ever-increasing demands from customers with various backgrounds and personalities. Large numbers of new e-businesses are driven by the needs of customers. The existing dynamics inherent in the customer needs require the corresponding dynamic management of services. Attempting to respond to customers in a rapid and intelligent way, this paper proposes a situation calculus based approach for dynamically managing e-Business services in the ubiquitous environment. By employing the formalism of the situation calculus to enable intelligence and automation, the approach can implement. the functions of service automatic composition and model verification. These functions will improve the degree of customer-orientation and enable fast responsiveness in the emerging e-service systems.     

Lessons from common markers of tumor-initiating cells in solid cancers

Tumor-initiating cells (TICs) have emerged as the driving force of carcinomas, which appear as hierarchically structured. TICs as opposed to the tumor bulk display tumor forming potential, which is linked to a certain degree of self-renewal and differentiation, both major features of stem cells. Markers such as CD44, CD133, CD24, EpCAM, CD166, Lgr5, CD47, and ALDH have been described, which allow for the prospective enrichment of TICs. It is conspicuous that the same markers allow for an enrichment of TICs in various entities and, on the other hand, that different combinations of these markers were independently reported for the same tumor entity. Potential functions of these markers in the regulation of TIC phenotypes remained somewhat neglected although they might give insights in common molecular themes of TICs. The present review discusses major TIC markers with respect to their function and potential contributions to the tumorigenic phenotype of TICs.     

Integrated heat and power dispatch model for wind-CHP system with solid heat storage device based on robust stochastic theory

This paper built a combined heat and power (CHP) dispatch model for wind-CHP system with solid heat storage device (SHS) aiming at minimizing system coal consumption, and set system demand-supply balance and units’ operation conditions as the operation constraints. Furthermore, robust stochastic optimization theory was used to describe wind power output uncertainty. The simulation result showed that SHS increased CHP peak-valley shifting capability and reduced abandoned wind rate from 12% to 6%, and reduced 5% coal consumption, compared with the original system operation by flexible charging electric power and heating. The payback period of employing SHS in wind-CHP system is far shorter than SHS expected service life.     

Periodicity of Retzius lines in fossil <Emphasis Type="Italic">Pongo</Emphasis> from South China

Periodicity of Retzius lines is a key factor in dental development. In this study, we examined the periodicity of Retzius lines in fossil Pongo from South China using polarized light microscope observation of dental ground sections. The periodicities all of the 15 teeth were 9 d. Comparisons of periodicity were made with extant primates, fossil apes and hominins. Periodicity of fossil Pongo from South China was relatively long but fell within the variation of extant Pongo, Gorilla and modern human, and longer than periodicity of Pan and other extant primates. Fossil Pongo from South China was similar to Lufengpithecus and Sivapithecus, shorter than Gigantopithecus and longer than European and African fossil apes and most early hominins in periodicity. Generally, the periodicities of Asian large-body fossil apes were longer than the periodicities of European and African large-body fossil apes in Miocene. Difference among species and trend of evolution in periodicity were analyzed and discussed. We found that periodicity might gradually increase from Proconsul in early Miocene to several fossil apes in Miocene and then Gigantopithecus in Pleistocene. In addition, this study made correlate analysis between periodicity and body mass respectively in males and females of six extant apes and five fossil apes, and found that periodicity positively correlated with body mass.     

Optimization of strand and final electromagnetic stirrers of round bloom casters with multiple sections

Strand electromagnetic stirring (S-EMS) and final electromagnetic stirring (F-EMS) are the main methods used to improve the center porosity and segregation for round blooms. To optimize the stirring conditions, nail shooting tests were conducted for three sections of large round blooms with diameters of ?380 mm, ?450 mm, and ?600 mm. Acid leaching and sulfur print tests were used to investigate the shell thickness. Based on the results of nail shooting tests, a mathematical model of solidification was established, and the variation of shell thickness and the central solid fraction were exactly calculated by the model. By taking all sections into account, the locations of S-EMS and F-EMS were optimized for each section. In the results, the macro-segregation of various sections is improved after the locations of S-EMS and F-EMS systems are changed.     

Superior machinability of steel enhanced with BN and MnS particles

The strategy that replacing part of MnS with BN was proposed in order to decrease the sulfur content in sulfur based free-cutting steel. The effects of BN and MnS inclusions on the microstructure and machinability of the steel were systematically investigated. The results show that most of the BN and MnS inclusions exist individually in the steel and only a small amount of them are in a composite state forming either isolated particles or clusters of particles. In the case of multi-phased steel, the theoretical calculation predicts that the volume of large BN particles should be 0.7 times of the volume of large MnS particles. The machinability of this type of BN and MnS alloy steel over a wide range of cutting speeds ranging from a low speed appropriate for drilling to a high speed appropriate for turning is confirmed as being equal to or superior to that of an MnS reference steel, even though the sulfur content in the composite steel is only half that of the MnS steel. The aptitude for cutting effect of 240 ppm nitrogen and 115 ppm boron in the composite steel is demonstrated to be equivalent or even better than 1000 ppm sulfur in MnS free-cutting steel.     

小波分析在证券分析中的应用

传统股市投资分析中的证券分析方法之一———MACD法 ,利用DIF的移动平均值以确定证券的买卖时机 ,存在着时滞性 ,对非平稳的股市信息分析不能及时、较好地刻画股市的基本变化趋势 .作者根据证券投资理论 ,建立了相应的证券投资分析数学模型 ,根据小波分析多尺度分析能力强的特点 ,利用小波分解提取反映股市基本变化趋势的低频信息 ,改进了传统分析方法 ,建立了改进后的数学模型Ⅲ .该模型求解方便 ,同时与实际模型较好地逼近 ,具有时效性 .此外 ,以路桥建设股票 14 0个交易日的DIF和MACD值作为原始数据 ,用Matlab作为工具进行计算 ,求解模型Ⅲ .结果表明 :与传统分析方法相比 ,从模型Ⅲ中能得到更多的买卖点信息 ,而且价差更大 ,效果显著 ,充分显示了小波分析在股市技术分析中的强大生命力