带有通胀风险的退休后期最优投资管理

考虑通货膨胀的影响,研究了一个确定缴费养老计划退休后期最优投资决策问题.自退休时刻开始,退休者定期从账户里抽取一定的金额维持日常支出,然后将剩余的财富投资于一个无风险资产、一个股票指数和一个通胀指数债券,直到强制购买年金的时刻.为保障退休后的正常生活,退休者在每个时刻设定投资的目标值,采取二次效用函数衡量投资财富水平和目标值的差距,并选择最优的投资策略以最小化平均累计差距.运用动态规划和随机控制方法,得到了没有上方惩罚的目标值、最优投资策略、最优值函数、破产概率以及终端财富与目标值差距的分布函数等指标的显式表达式.运用数学分析和数值分析手段,得到了每个时刻目标值的性质,分析了终端目标值和消费金额对破产概率的影响,研究了物价指数的瞬间变化率和波动率对财富值与目标值的差距、各时刻财富均值以及破产概率的影响.     

Microstructure,mechanical properties and wear resistance of an Al–Mg–Si alloy produced by equal channel angular pressing

Microstructure, mechanical properties and wear resistance in an ultrafine-grained Al–Mg–Si alloy fabricated utilizing a combination of equal channel angular pressing (ECAP) and dynamic aging were investigated in this paper. The results indicated that the grain size of the ECAP alloy was significantly refined, i.e., to ~239 nm after three ECAP passes. Meanwhile, the yield and tensile strength of the ECAPed material reached 340 MPa and 445 MPa, respectively, while maintaining a significant uniform elongation of 14%. Wear resistance results demonstrated that the wear rate, wear depth and width of the ECAPed material decreased in comparison with the solution-treated (SST) and peak-aged (T6) conditions under a load range of 5–25 N. The adhesive wear that occurs in the undeformed specimens at 10 N does not appear in the ECAPed specimen at the same load, indicating that the ECAPed specimen delay the appearance of more serious wear mechanisms under certain loads. The cooperative interaction of high density nano-scale β" precipitates and dislocations resulted in a combination of super-high strength and good work hardening ability which suppressed the extension of cracks between the friction layer and the plastic deformation zone. As a consequence, the combination of ECAP and dynamic aging brings a significant improvement for antifriction performance of the 6061 aluminum alloy.     

Effect of heat treatment on microstructures and properties of a novel Al-Zn-Mg-Cu alloy for oil drilling

In view of the special requirements for strength, heat resistance and corrosion resistance of Al-Zn-Mg-Cu alloy for oil drilling, the Al-6.2 Zn-2.5 Mg-1.6 Cu alloy was prepared by increasing Cu content on basis of Russian Series 1953 alloy. The effect of heat treatment on the microstructures and properties of the alloy was characterized by optical microscope(OM), scanning electron microscope(SEM) and transmission electron microscope(TEM), and investigated by tensile test at room temperature, thermal exposure test and corrosion test. The results show that the strength after T6 aging treatment exhibit a decrease trend as an increase of the solution temperature from465 °C to 480 °C. After the solution treated by the rate of 470 °C/1 h, second phases dissolve into the matrix very well and the strength property reaches optimum. The alloy has better comprehensive properties treated by a solution treatment of 470 °C/1 h and then followed by an aging treatment of 120 °C/24 h + 170 °C/1 h + 120 °C/24 h. Under the aging state, the precipitated phases inside the grains are suitable in size, while on the grain boundary distribute discontinuously and the precipitate-free zone is obvious. Besides, the alloy still maintain high tensile properties. The yield strength, tensile strength and elongation are 650 MPa, 686 MPa,12.0%, respectively. The yield strength retention after heat exposure is 92%. The alloy has good corrosion resistance and the exfoliation corrosion degree. The average corrosion rate in the H_2S and CO_2 environment is 0.0024 mm/a, which is far less than the required 0.12 mm/a. It is insensitive to H_2S and CO_2 environments.     

智能高速罐身电阻焊机数字化控制系统

提出了以国产MCT80 0 0F8运动控制器为核心的智能高速罐身电阻焊机数字化控制系统 ,并介绍了系统的组成、工作原理、硬件接口、电机控制方法以及伺服电机的运动关系数学模型 .新的系统有利于提高罐身电阻焊机的制罐生产速度 ,并具有功能全面、可靠性高、控制精确、开放性好以及成本较低等优点     

基于信噪比的投资组合策略研究

采用收益率的协方差矩阵的特征根刻划投资的风险;用主成分综合反映证券市场的信息;用主成分的信噪比反映投资组合的期望收益率与风险之间的均衡关系,并以此作为投资组合收益极大化的指标;得到了不同与H.Markowitz的投资组合模型,并给出了具体的投资组合策略-卖空与非卖空条件下的投资组合的比例,文章最后给出了一个实例.     

A Forward Selection Method on Customer Credit

In this paper, we discuss a selection and evaluation method of customer credit for the commercial bank loans operation, and put forth a forward selection model by optimization techniques. At last, we also give an example to analyze its application.     

工业锅炉计算机控制技术

工业锅炉的计算机控制是近年来发展起来的一项新技术，根据山西焦煤集团屯兰矿SHL35型蒸汽锅炉的计算机控制系统改造，阐述了锅炉实行计算机控制的先进性，并对各种方案进行了对比分析。     

NIPA类共聚温敏水凝胶中水的状态和耐热性

用N-异丙基丙烯酰胺（NIPA）与丙烯酸钠（SA）及甲基丙烯酸钠（SMA）共聚合成了两个系列的水凝胶，研究了共聚组成与水凝胶基本性质的关系，并用示差扫描量热法（DSC）和热失重法（TG）研究了此类水凝胶中水的状态和耐热性。     

关于差分式放大器输入电阻的研究

差分式放大器在实际应用方面非常广泛,其理论分析方法的深入研究,对生产实践和教学都有重要的意义。采用电路理论分析、差放理论分析、“虚短”理论分析及实验的方法对差分式放大电路进行了研究。     

高贵心灵的无声抗争——《女勇士》与《红字》两则故事相似性之比较

华裔美国女作家汤婷婷的作品《女勇士》中无名女人的故事与美国19世纪浪漫主义小说家纳塞尼尔·霍桑的代表作《红字》中海斯特·白兰的故事都是有关通奸的故事，虽写于不同的时代，但两个故事有着惊人的相似性。本文从两个故事的发生原因，结果以及两位女主人公对通奸行为的态度三个方面简要分析两种通奸行为，旨在阐明通奸行为是两个女人对自由和爱情的追求以及她们对当时父权社会的反抗。