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Search results for: decision making in financial markets
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Decisional DNA Based Conceptual Framework for Smart Manufacturing
PublicationThis paper presents the conceptual framework for systematic knowledge representation, storage and reuse of manufacturing information in a production scenario. This knowledge structure is designed for three levels in a manufacturing set up viz. first at the engineering objects level, second at process and finally at factory level. Virtual engineering object (VEO) deals with knowledge at the individual object/component/machine level...
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Multi-objective optimization of the ORC axial turbine for a waste heat recovery system working in two modes: cogeneration and condensation
PublicationDue to the demand of the district heating network and electric power grid ORC turbines can operate in the condensation and cogeneration modes. This approach requires the design of an expander which is characterized by high efficiency in each mode of operation. The paper is devoted to a multi-objective efficiency optimization of a one stage axial ORC turbine working on MM (Hexamethyldisiloxane). An Implicit Filtering algorithm (IF)...
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Virtual Engineering Objects (VEO): Designing, Developing and Testing Models
PublicationIn this article, the development and implementation of the concept of Virtual Engineering Object (VEO) is described. A VEO is a computerized real world representation of an engineering object. VEO will act as a living representation of the object capable of adding, storing, improving and sharing knowledge through experience, in a way similar to an expert of that object. In this paper, it is shown through test models how the concept...
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Navigational decision support system during approach manoeuvre in emergency STS transfer operation
PublicationThe paper is concerned with the problem of safe trajectory planning for approaching during emergency STS (Ship to Ship) transfer operation with oil spill. The safe trajectory means that the way points does not cross in the area of the environment with the static and dynamic obstacles and at the same time satisfies ship's stopping and speed deceleration performance. The evolutionary path planning algorithm is used to determine trajectory...
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Optimization of Bread Production Using Neuro-Fuzzy Modelling
PublicationAutomation of food production is an actively researched domain. One of the areas, where automation is still not progressing significantly is bread making. The process still relies on expert knowledge regarding how to react to procedure changes depending on environmental conditions, quality of the ingredients, etc. In this paper, we propose an ANFIS-based model for changing the mixer speed during the kneading process. Although the...
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Exploring the Benefits, Challenges, and Opportunities of Collaborative Business Intelligence
PublicationIn traditional business intelligence (BI) settings, the collective decision-making process is often hindered by the absence of knowledge and expertise exchange among various stakeholders, as well as lack of information sharing. The study delves into the concept of Collaborative BI, which aims to overcome these limitations by promoting collaboration, business networking, knowledge sharing, and improved communication among stakeholders....
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Fault detection and diagnostics of complex dynamic systems using Gaussian Process Models - nuclear power plant case study
PublicationThe article examines the use of Gaussian Process Models to simulate the dynamic processes of a Pressurized Water nuclear Reactor for fault detection and diagnostics. The paper illustrates the potential of Gaussian Process Models as a tool for monitoring and predicting various fault conditions in Pressurized Water nuclear Reactor power plants, including reactor coolant flow and temperature variations, deviations from nominal working...
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Qualia: About Personal Emotions Representing Temporal Form of Impressions - Implementation Hypothesis and Application Example
PublicationThe aim of this article is to present the new extension of the xEmotion system as a computerized emotional system, part of an Intelligent System of Decision making (ISD) that combines the theories of affective psychology and philosophy of mind. At the same time, the authors try to find a practical impulse or evidence for a general reflection on the treatment of emotions as transitional states, which at some point may lead to the...
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Empirical Investigation into the Evaluation Methodology for Transport Interchange Accessibility for Individuals with Special Needs: An In-Depth Analysis of Selected Transport Interchanges in Gdańsk
PublicationThe manuscript delineates an empirical research methodology for gathering data for the functional characterization of transport interchanges. The adoption of a universal, standardized field research method ensures the feasibility of objective interchange comparisons. The explicated methodology encompasses observational and survey research, yielding both quantitative and qualitative data. The amassed data comprises the count of...
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Experience based knowledge representation for Internet of Things and Cyber Physical Systems with case studies
PublicationCyber Physical Systems and Internet of Things have grown significant attention from industry and academia during the past decade. The main reason behind this interest is the capabilities of such technologies to revolutionize human life since they appear as seamlessly integrating classical networks, networked objects and people to create more efficient environments. However, enhancing these technologies with intelligent skills becomes...
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Preference-based evolutionary multi-objective optimization in ship weather routing
PublicationIn evolutionary multi-objective optimization (EMO) the aim is to find a set of Pareto-optimal solutions. Such approach may be applied to multiple real-life problems, including weather routing (WR) of ships. The route should be optimal in terms of passage time, fuel consumption and safety of crew and cargo while taking into account dynamically changing weather conditions. Additionally it must not violate any navigational constraints...
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Hybrid Multi-Criteria Method of Analyzing the Location of Distributed Renewable Energy Sources
PublicationThis paper presents the development and the application of a hybrid multi-criteria method, the combination of the Analytic Hierarchy Process (AHP), and numerical taxonomy (NT),to support the decision making on the location of distributed renewable energy sources meetingvarious types of assessment criteria. Finding criteria weights, using the AHP method, eliminates thedisadvantage of NT—which, in current form, is defined by its...
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A Survey on the Datasets and Algorithms for Satellite Data Applications
PublicationThis survey compiles insights and describes datasets and algorithms for applications based on remote sensing. The goal of this review is twofold: datasets review for particular groups of tasks and high-level steps of data flow between satellite instruments and end applications from an implementation and development perspective. The article outlines the generalized data processing pipelines, taking into account the variations in...
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Knowledge engineer – more than only technical position. The concept of knowledge engineering education at the Faculty of Management and Economics
PublicationOrganizational learning means an effective knowledge management. Management is nothing more than the constant decision-making. Therefore organizational learning must be seen through the prism of decisions taken at all levels. Unfortunately decisions are never taken within comfortable conditions. Decision maker suffers from a lack of any support. There is often a problem with human resources having right skills, sometimes they do...
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Deep Learning-Based, Multiclass Approach to Cancer Classification on Liquid Biopsy Data
PublicationThe field of cancer diagnostics has been revolutionized by liquid biopsies, which offer a bridge between laboratory research and clinical settings. These tests are less invasive than traditional biopsies and more convenient than routine imaging methods. Liquid biopsies allow studying of tumor-derived markers in bodily fluids, enabling the development of more precise cancer diagnostic tests for screening, disease monitoring, and...
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USEFULNESS OF SEMI-MARKOV PROCESSES AS MODELS OF THE OPERATION PROCESSES FOR MARINE MAIN ENGINES AND OTHER MACHINES OF SHIP POWER PLANTS
PublicationThe paper describes the properties of semi-Markov processes and the opportunities and benefits from their use as models of the operation processes for marine combustion engines and other machines of ship power plants. The emphasis is put on the importance of the theory of semi-Markov processes for development of the theory of marine combustion engines and other machines of ship power plants, as well as for development of the operational...
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The green waterfront of a city. Where are the limits of good planning? Gdansk case
PublicationThe aim of the article is to present the role of green public areas of waterfronts in shaping the image of cities, and the threats to such landscape which may be caused by wrong planning decisions. The case study of Gdansk sea-shore area in Poland is presented as an example to illustrate the values and potential of the waterfront landscape which can be easily destroyed by inadequate spatial development. Some theoretical studies...
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The Selection of Anchoring System for Floating Houses by Means of AHP Method
PublicationThis paper indicates and analyses the use of anchoring systems, such as mooring piles, booms, mooring cables, and deadweight anchors with additional elastic connectors, which are the most frequently applied by the producers of floating houses. The selection of the most advantageous anchoring system is complicated and requires the application of quantitative and qualitative data and methods. This publication presents the results...
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Fuel price, income and road safety as determinants of the level of the population’s economic well-being in Poland
PublicationThe opportunity to travel is one of the most favorite human activities, given that on a trip a person gets new knowledge, impressions and positive emotions. Recreational trips occupy a prominent place in the concept of the economics of happiness, and the study of factors that influence decision-making regarding travel is important for forecasting the number of tourists, infrastructure development, income and expenses of businesses...
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What matters most to patients? On the Core Determinants of Patient Experience from Free Text Feedback
PublicationFree-text feedback from patients is increasingly used for improving the quality of healthcare services and systems. A major reason for the growing interest in harnessing free-text feedback is the belief that it provides richer information about what patients want and care about. The use of computational approaches such as structural topic modelling for analysing large unstructured textual data such as free-text feedback from patients...
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A Simulation Model for Risk and Pricing Competition in the Retail Lending Market
PublicationWe propose a simulation model of the retail lending market with two types of agents: borrowers searching for low interest rates and lenders competing through risk-based pricing. We show that individual banks observe adverse selection, even if every lender applies the same pricing strategy and a credit scoring model of comparable discrimination power. Additionally, the model justifies the reverse-S shape of the response rate curve....
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Mixed-use buildings as the basic unit that shapes the housing environment of smart cities of the future
PublicationThe contemporary approach to creating the residential function is confronted with the trend of increasing the volume of buildings and expectations regarding the future urban environment focused on sustainable development. This paper presents an overview of the residential structure in the context of defined thematic scopes. Namely, it is a systemic approach to the problem of designing mixed-use buildings which create a modern residential...
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Multi-objective optimization of water quality, pumps operation, and storage sizing of water distribution systems
PublicationA multi-objective methodology utilizing the Strength Pareto Evolutionary Algorithm (SPEA2) linked to EPANET for trading-off pumping costs, water quality, and tanks sizing of water distribution systems is developed and demonstrated. The model integrates variable speed pumps for modeling the pumps operation, two water quality objectives (one based on chlorine disinfectant concentrations and one on water age), and tanks sizing cost...
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Początek Gdyńskiego Systemu Wodociągowego Wodociąg wiejski w gminie Oksywie w latach 1911 – 1929. Część I.
PublicationPrzedmiotem badań był wodociąg wiejski na Oksywiu z początku XX wieku, jako najstarszy na ziemiach polskich pod zaborami. Po przeprowadzeniu żmudnej kwerendy odtworzono przebieg procesu decyzyjnego jego budowy i eksploatacji. Szczególnie ważkie informacje odkryto w protokołach z posiedzeń Rady Gminnej Oksywia napisanych w języku staroniemieckim w latach 1911 – 1920. W rezultacie ustalono parametry techniczne sieci i urządzeń wodociągowych...
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Zarządzanie zaufaniem w bezprzewodowych sieciach czujników - studium przypadku
PublicationW artykule przedstawiono studium przypadku dotyczące zastosowania bezprzewodowej sieci czujników do wspomagania pacjenta z nadwagą w jego środowisku domowym. Przyjęto, że sieć wykorzystuje metodę rozproszonego zarządzania zaufaniem i pokazano, że metoda ta umożliwia wykrycie i izolację czujników realizujących działania sprzeczne z polityką sieci. Ilościowe oszacowanie czasu niezbędnego do wykrycia takich...
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Pupil size reflects successful encoding and recall of memory in humans
PublicationPupil responses are known to indicate brain processes involved in perception, attention and decision-making. They can provide an accessible biomarker of human memory performance and cognitive states in general. Here we investigated changes in the pupil size during encoding and recall of word lists. Consistent patterns in the pupil response were found across and within distinct phases of the free recall task. The pupil was most...
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High-Level Model for the Design of KPIs for Smart Cities Systems
PublicationThe main goal of the paper is to build a high-level model for the design of KPIs. Currently, the development and processes of cities have been checked by KPI indicators. The authors realized that there is a limited usability of KPIs for both the users and IT specialists who are preparing them. Another observation was that the process of the implementation of Smart Cities systems is very complicated. Due to this the concept of a...
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Using human behavior to develop knowledge-based virtual organisations
PublicationPropozycja modelu opartego na zachowaniach ludzkich dla potrzeb budowy wirtuanych organizacji opartych na wiedzy.Virtual organizations promote dynamic interaction between individuals, groups, and organizations, who share their capabilities and resources to pursue a common goal and maximize their benefits. Among these resources, knowledge is a critical one that requires special attention in order to support problem-solving activities...
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Employing flowgraphs for forward route reconstruction in video surveillance system
PublicationPawlak’s flowgraphs were utilized as a base idea and knowledge container for prediction and decision making algorithms applied to experimental video surveillance system. The system is used for tracking people inside buildings in order to obtain information about their appearance and movement. The fields of view of the cameras did not overlap. Therefore, when an object was moving through unsupervised areas, prediction was needed...
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The new investing effectiveness evaluation multi-criteria method in modern supply systems
PublicationThe important problem in the processes of modelling and programming the development of sustainable energy sector is the multi-criteria manner of assessing the effectiveness of investments. The goal of this paper is to show how to take into account the impact of investments in multidimensional modelling decision-making processes. This goal can be achieved through the development, presentation, and use of a new multi-criteria method...
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Towards Greater Citizen Participation in Financing Public Cultural Institutions—Legal Barriers and Proposed Solutions
PublicationThe paper contains a conceptual proposal that aims at indicating new models of participatory financing of cultural institutions as well as actions towards supporting culture. It presents results of a qualitative study in the form of action research, on identifying legal barriers of financing of cultural institutions in Poland. Additionally, it presents practical suggestions to the encountered problems that were worked out after...
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Social Media in the Fashion Industry. Fundamentals, Strategy and Research Methods
PublicationThis book introduces social network fundamentals in the fashion domain. It addresses the creation of social media marketing plans, highlighting strategic approaches that allow fashion brands to differentiate themselves in the ephemeral and challenging fashion context. Through a variety of academic and professional sources and by sharing the results of their own research, the authors present research methodologies, including netnography,...
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User-oriented GIS tools in higher education of urban design and planning
PublicationGeographic information systems (GIS) have emerged as indispensable tools for decision-making, planning and problem-solving tasks across various domains in today’s evolving world. However, there exists a pressing need to augment the utilisation of GIS tools in higher education of urban design and planning to foster a user-oriented approach. This article explores the imperative of integrating GIS tools more comprehensively into higher...
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Organizational ethics and position relationship moderators among knowledge workers: a regional study of Poland
PublicationThis research explores organizational ethics among knowledge workers using ICT4Ds in regional enterprises in Poland before, during, and after the COVID-19 pandemic. The study addresses the importance of understanding how ethics in organizations, particularly ethical optimism, corporate social responsibility, and top management action, have evolved across these periods. This topic is crucial as organizational ethics influence employee...
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Big Data i 5V – nowe wyzwania w świecie danych (Big Data and 5V – New Challenges in the World of Data)
PublicationRodzaje danych, składające się na zbiory typu Big Data, to m.in. dane generowane przez użytkowników portali internetowych, dane opisujące transakcje dokonywane poprzez Internet, dane naukowe (biologiczne, astronomiczne, pomiary fizyczne itp.), dane generowane przez roboty w wyniku automatycznego przeszukiwania przez nie Internetu (Web mining, Web crawling), dane grafowe obrazujące powiązania pomiędzy stronami WWW itd. Zazwyczaj,...
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Experience-based Intelligence Augmentation with Decisional DNA: Upcoming direction
PublicationIntelligence amplification systems and technologies have gained significant interest from academia and industry during the past few decades. One of the main reasons behind this trend is the fact that most experts agree that truly intelligent artificial system is yet to be developed. The question increasing often asked is this: Is full replication of human intelligence desirable key aim in intelligence related technology and research?...
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Bio-inspired Decisional DNA in Machinas and other Man-made Systems: The Way Forward
PublicationArtificial bio-inspired intelligent techniques and systems supporting smart, knowledge-based solutions of real world problems which are currently researched very extensively by research teams around the world, have enormous potential to enhance automation of decision making and problem solving for a number of diverse areas including design, manufacturing, Information Technology (IT), social communities of practice, and economics...
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Advanced Modeling of Management Processes in Information Technology
PublicationThis book deals with the issues of modeling management processes of information technology and IT projects while its core is the model of information technology management and its component models (contextual, local) describing initial processing and the maturity capsule as well as a decision-making system represented by a multi-level sequential model of IT technology selection, which acquires a fuzzy rule-based implementation...
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EXPERIENCE-ORIENTED SMART EMBEDDED SYSTEM
PublicationThe Experience-Oriented Smart Embedded System (EOSES) is proposed as a new technological platform providing a common knowledge management approach that allows mass embedded systems for experiential knowledge capturing, storage, involving, and sharing. Knowledge in the EOSES is represented as SOEKS, and organized as Decisional DNA. The platform is mainly based on conceptual principles from Embedded Systems and Knowledge Management....
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Experience based decisional DNA to support smart product design
PublicationThis paper presents the idea of Smart Virtual Product Development (SVPD) system to support product design. The foundations of the system are based upon smart knowledge management techniques called Set of Experience Knowledge Structure (SOEKS) and Decisional DNA (DDNA). It enhances the industrial product development process by using the previous experiential knowledge gathered from the formal decisional activities. This experiential...
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Context-Aware Indexing and Retrieval for Cognitive Systems Using SOEKS and DDNA
PublicationVisual content searching, browsing and retrieval tools have been a focus area of interest as they are required by systems from many different domains. Context-based, Content-Based, and Semantic-based are different approaches utilized for indexing/retrieving, but have their drawbacks when applied to systems that aim to mimic the human capabilities. Such systems, also known as Cognitive Systems, are still limited in terms of processing...
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Society 4.0: Issues, Challenges, Approaches, and Enabling Technologies
PublicationThis guest edition of Cybernetics and Systems is a broadening continuation of our last year edition titled “Intelligence Augmentation and Amplification: Approaches, Tools, and Case Studies”. This time we cover research perspective extending towards what is known as Society 4.0. Bob de Vit brought the concept of Society 4.0 to life in his book “Society 4.0 – resolving eight key issues to build a citizens society”. From the Systems...
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A framework for risk matrix design: A case of MASS navigation risk
PublicationRisk matrix, a tool for visualizing risk assessment results, is essential to facilitate the risk communication and risk management in risk-based decision-making processes related to new and unexplored socio-technical systems. The use of an appropriate risk matrix is discussed in the literature, but it is overlooked for emerging technologies such as Maritime Autonomous Surface Ships (MASS). In this study, a comprehensive framework...
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Neural Network-Based Sequential Global Sensitivity Analysis Algorithm
PublicationPerforming global sensitivity analysis (GSA) can be challenging due to the combined effect of the high computational cost, but it is also essential for engineering decision making. To reduce this cost, surrogate modeling such as neural networks (NNs) are used to replace the expensive simulation model in the GSA process, which introduces the additional challenge of finding the minimum number of training data samples required to...
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High resolution optical and acoustic remote sensing datasets of the Puck Lagoon
PublicationThe very shallow marine basin of Puck Lagoon in the southern Baltic Sea, on the Northern coast of Poland, hosts valuable benthic habitats and cultural heritage sites. These include, among others, protected Zostera marina meadows, one of the Baltic’s major medieval harbours, a ship graveyard, and likely other submerged features that are yet to be discovered. Prior to this project, no comprehensive high-resolution remote sensing...
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How digital platforms support public values through government-citizen collaboration?
PublicationDigital platforms are becoming a popular means of multi-sided interactions between public institutions and their constituents. By enabling information sharing, consultation, and other forms of government-citizen collaboration, they facilitate co-decision-making and co-creation. Although digital platforms are not, the mechanism through which they can create public value, although important for government institutions and citizens...
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Greening Higher Education in Europe. Institutional Transitions to Sustainable Development
PublicationThis book provides a comprehensive overview of the advances made in European higher education institutions (HEIs) over the last twenty years in response to the challenges of sustainable development. In recent years, there has been a visible shift toward sustainable development, and universities have been addressing their accountability to the public through corporate social responsibility. Greening Higher Education in Europe explores...
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The scope of fiscal decentralisation in EU countries: a comparative analysis
PublicationMotivation: Decentralization is one of the main challenges in public sector reform. In democratic countries the level of decentralisation in individual countries is not identical. The varying scope of decentralization affects the quality, quick and efficient decision-making by public leaders. Aim: Comparison of the extent of fiscal decentralisation in EU Member States; creation of groups of states with similar levels of decentralisation;...
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ISO test track influence on the EU tyre label noise value
PublicationIn 2009, the European Union (EU) introduced a directive governing the labelling of tyres, which underwent revision in 2020. This labelling system encompasses three key parameters related to tyre performance: wet grip (safety), rolling resistance (energy consumption), and external rolling noise (environmental impact). These label values serve as crucial information for customers seeking to purchase replacement tyres for their vehicles....
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BANKRUPTCY PREDICTION IN VISEGRAD GROUP COUNTRIES
PublicationThe novelty of the study is a comprehensive look at the problem of bankruptcy forecasting in Visegrad Group countries (V4) and making a comparison in relation to the achievements obtained in more developed western countries. The conducted research based on a systematic literature review of 151 publications indexed in Scopus and Web of Science and bibliometric analysis. The results showed that the main lines of research are from...