An approach to efficient business intelligent system for financial prediction

A concept of business intelligent system for financial prediction is considered in this paper. It provides data needed for fast, precise and good business decision support to all levels of management. The aim of the project is the development of a new online analytical processing oriented on case-based reasoning (CBR) where a previous experience for every new problem is taken into account. Methodological aspects have been tested in practice as a part of the management information system development project of “Novi Sad Fair”. A case study of an improved application of CBR in prediction of future payments is discussed in the paper. This paper is originally presented at The International Conference on Hybrid Information Technology 2006, at the special session on “Intelligent Information Systems for Financial Engineering”, November 2006 in Cheju Island, Korea.     

An electromagnetism metaheuristic for solving the Maximum Betweenness Problem

In this paper we present an electromagnetism (EM) metaheuristic for solving NP hard Maximum Betweenness Problem (MBP). A new encoding scheme with appropriate objective functions is implemented. Specific representation of the individuals enables the EM operators to explore the searching space in a way that achieves high quality solutions. An effective 1-swap based local search procedure improved by the specific caching technique is performed on each EM point. The algorithm is tested both on real and artificial instances from the literature. Experimental results show that the proposed EM approach achieves all previously known optimal solutions, except one, and achieves the best-known solutions or outperforms other approaches on all large-scale instances, except two. Provided statistical analysis indicates that the EM approach is significantly better than other approaches.     

Maximum likelihood estimation from interval censored recurrent event data

In this paper, we consider the recurrent failures of several repairable units, which can only be observed at periodic inspection times. A unit is not aging over the period between a failure and its detection. The failure times are interval censored by the periodic assessment times. The observed data consists of censoring intervals of failure times and the unobserved data are the actual ages of the units at the failure times. We formulate the likelihood function and use several iterative algorithms to find the maximum likelihood estimate (MLE) of the parameters. The complete Expectation–Maximization (EM) algorithm, the EM gradient, full Newton–Raphson (NR), and the Simplex method are used. We derive recursive equations to calculate the expected values required in the algorithms. We estimate the parameters for four failure datasets, assuming that the failures follow a non-homogeneous Poisson process (NHPP). Three datasets are obtained from a hospital for the components of general infusion pump, and the fourth dataset is simulated. Since the estimation could take a long time, we compare the performance of the algorithms in terms of the required number of iterations to converge, the total execution time, and the precision of the estimated parameters. We also use Monte Carlo and Quasi-Monte Carlo simulation as the substitutes for the recursive procedures in the Expectation step of the EM gradient and compare the results.     

Adaptive neuro-fuzzy wheel slip control

Due to complex and nonlinear dynamics of a braking process and complexity in the tire–road interaction, the control of automotive braking systems performance simultaneously with the wheel slip represents a challenging problem. The non-optimal wheel slip level during braking, causing inability to achieve the desired tire–road friction force strongly influences the braking distance. In addition, steerability and maneuverability of the vehicle could be disturbed. In this paper, an active neuro-fuzzy approach has been developed for improving the wheel slip control in the longitudinal direction of the commercial vehicle. The dynamic neural network has been used for prediction and an adaptive control of the brake actuation pressure, during each braking cycle, according to the identified maximum adhesion coefficient between the wheel and road surface. The brake actuation pressure was dynamically adjusted on the level that provides the optimal level of the longitudinal wheel slip vs. the brake pressure selected by driver, the current vehicle speed, the brake interface temperature, vehicle load conditions, and the current value of longitudinal wheel slip. Thus the dynamic neural network model operates (learn, generalize and predict) on-line during each braking cycle, fuzzy logic has been integrated with the neural model as a support to the neural controller control actions in the case when prediction error of the dynamic neural model reached the predefined value. The hybrid control approach presented here provided intelligent dynamic model – based control of the brake actuation pressure in order to keep the longitudinal wheel slip on the optimum level during a braking cycle.     

Iterative algorithm to compute the maximal and stabilising solutions of a general class of discrete-time Riccati-type equations

In this article an iterative method to compute the maximal solution and the stabilising solution, respectively, of a wide class of discrete-time nonlinear equations on the linear space of symmetric matrices is proposed. The class of discrete-time nonlinear equations under consideration contains, as special cases, different types of discrete-time Riccati equations involved in various control problems for discrete-time stochastic systems. This article may be viewed as an addendum of the work of Dragan and Morozan (Dragan, V. and Morozan, T. (2009), ‘A Class of Discrete Time Generalized Riccati Equations’, Journal of Difference Equations and Applications, first published on 11 December 2009 (iFirst), doi: 10.1080/10236190802389381) where necessary and sufficient conditions for the existence of the maximal solution and stabilising solution of this kind of discrete-time nonlinear equations are given. The aim of this article is to provide a procedure for numerical computation of the maximal solution and the stabilising solution, respectively, simpler than the method based on the Newton–Kantorovich algorithm.     

DATA CLUSTERING USING A REORGANIZING NEURAL NETWORK

A new approach, designed for clustering of arbitrary distributed patterns, is presented. This study is concerned with the use of a self-organizing neural network as a frame for data clustering. The nearest network nodes in feature space are treated as prototypes, assigned to the corresponding cluster. The rules for dead-node shifting and simple adjustment of coordinates of the active nodes are introduced. The performance of the proposed self-organizing neural network is examined on the benchmark synthetic and the real-world problem.     

Stabilizing composite control for a class of linear systems modeled by singularly perturbed Ito differential equations

In this paper, the problem of robust H_∞ control is investigated for sampled-data systems with probabilistic sampling. The parameter uncertainties are time-varying norm-bounded and appear in both the state and input matrices. For the simplicity of technical development, only two different sampling periods are considered whose occurrence probabilities are given constants and satisfy Bernoulli distribution, which can be further extended to the case with multiple stochastic sampling periods. By applying an input delay approach, the probabilistic sampling system is transformed into a continuous time-delay system with stochastic parameters in the system matrices. By linear matrix inequality (LMI) approach, sufficient conditions are obtained, which guarantee the robust mean-square exponential stability of the system with an H_∞ performance. Moreover, an H_∞ controller design procedure is then proposed. An illustrative example is included to demonstrate the effectiveness of the proposed techniques.     

Request redirection paradigm in medical image archive implementation

It is widely recognized that the JPEG2000 facilitates issues in medical imaging: storage, communication, sharing, remote access, interoperability, and presentation scalability. Therefore, JPEG2000 support was added to the DICOM standard Supplement 61. Two approaches to support JPEG2000 medical image are explicitly defined by the DICOM standard: replacing the DICOM image format with corresponding JPEG2000 codestream, or by the Pixel Data Provider service, DICOM supplement 106. The latest one supposes two-step retrieval of medical image: DICOM request and response from a DICOM server, and then JPIP request and response from a JPEG2000 server. We propose a novel strategy for transmission of scalable JPEG2000 images extracted from a single codestream over DICOM network using the DICOM Private Data Element without sacrificing system interoperability. It employs the request redirection paradigm: DICOM request and response from JPEG2000 server through DICOM server. The paper presents programming solution for implementation of request redirection paradigm in a DICOM transparent manner.