TVD, WENO and blended BDF discretizations for Asian options

In this paper, we discuss topics for a fast and accurate solution of continuous American-style Asian option problems from computational finance. These problems lead to 2D time-dependent convection-dominated partial differential equations with a free boundary. As a pre-study for accurate discretization schemes in “asset price space” and in time, we solve numerically reference problems based on the Black-Scholes equation with small volatility and with discontinuous final conditions.     

Application of Coffee Silverskin in cosmetic formulations: physical/antioxidant stability studies and cytotoxicity effects

Context: Currently, there is an increasing interest of cosmetic industry on natural extracts. The inclusion of antioxidants in topical formulations can contribute to minimize oxidative stress in the skin, which has been associated with aging. Also, questions of sustainability are leading to the study of new cosmetic ingredients obtained from food by-products. Coffee Silverskin (CS) is a food by-product with established antioxidant activity that has not yet been incorporated into a topical formulation.

Objective: The aim of this study was to evaluate the physical and microbiological stabilities and antioxidant activity of a hand cream formulation containing 2.5% (w/w) of CS extract upon production and after 6 months of shelf-life and in vitro safety/cytotoxicity on skin cell lines after production.

Materials and methods: The in vitro cytotoxicity was evaluated with MTS and LDH assays, at different concentrations, in HaCaT and HFF-1 cells. Formulations were stored at 25?°C/65% RH and 40?°C/75% RH. Physical, microbiological, and antioxidant stabilities were evaluated by centrifugation, viscosity, total colony count, DPPH and total phenolic content (TPC).

Results: The hand cream containing 2.5% (w/w) of CS extract showed stable physical characteristics independently of the storage conditions. The DPPH activity and TPC of the CS formulation were significantly higher compared with those of the base formulation. However, during storage, the antioxidant activity decreases slightly. Microbiological quality was also confirmed. No cytotoxic effects were observed.

Conclusion: It is possible to suggest that this formulation is stable under extreme conditions and safe for topical use.     

Ultrafine,fine, and black carbon particle concentrations in California child‐care facilities

Although many U.S. children spend time in child care, little information exists on exposures to airborne particulate matter (PM) in this environment, even though PM may be associated with asthma and other respiratory illness, which is a key concern for young children. To address this data gap, we measured ultrafine particles (UFP), PM_2.5, PM₁₀, and black carbon in 40 California child‐care facilities and examined associations with potential determinants. We also tested a low‐cost optical particle measuring device (Dylos monitor). Median (interquartile range) concentrations for indoor UFP, gravimetric PM_2.5, real‐time PM_2.5, gravimetric PM₁₀, and black carbon over the course of a child‐care day were 14 000 (11 000‐29 000) particles/cm³, 15 (9.6‐21) μg/m³, 15 (11‐23) μg/m³, 48 (33‐73) μg/m³, and 0.43 (0.25‐0.65) ng/m³, respectively. Indoor black carbon concentrations were inversely associated with air exchange rate (Spearman's rho = ?.36) and positively associated with the sum of all Gaussian‐adjusted traffic volume within a one‐kilometer radius (Spearman's rho = .45) (P‐values <.05). Finally, the Dylos may be a valid low‐cost alternative to monitor PM levels indoors in future studies. Overall, results indicate the need for additional studies examining particle levels, potential health risks, and mitigation strategies in child‐care facilities.     

Synthesis and Characterization of Ti-Nb2O5 Catalysts for Discoloration Reaction of Bromophenol Blue and Indigo Carmine Dyes

Topics in Catalysis - This work investigated the photodegradation of bromophenol blue (BPB) and indigo carmine (IC) dye under UV–Visible light using pure oxides of titanium and niobium, as...     

Evaluation of gum exudates from three selected plant species from Tanzania for food and pharmaceutical applications

Authenticated gum samples from three plant species from Tanzania were analysed and their potential for food, pharmaceutical and other applications was determined by comparing their physicochemical properties with those of commercial Acacia gums from Tanzania, gum karaya and the specifications demanded by the international regulatory bodies for gum arabic for food and pharmaceutical applications. The gum exudate from Dichrostachys cinerea meets some specifications (moisture content, solubility, insoluble matter and ash) demanded for the identity and purity of gum arabic as stipulated by the international regulatory bodies. The aqueous solution of the gum possesses solubility and viscosity similar to commercial gum arabic. Similarly, the properties of Sterculia quinqueloba gum meet a number of the specifications demanded for gum karaya, except that it contains high levels of tannin which would limit its usefulness in food and pharmaceutical applications. The properties of the gum exudate from Acacia pseudofistula, on the other hand, are different from those of Tanzanian commercial Acacia gums. © 2002 Society of Chemical Industry     

Probabilistic transition of condition: render facades

The service life of cement-rendered facades is closely related to the environmental conditions to which they are exposed. The probability distribution is determined for the degradation condition of render facades considering different environmental exposures. A sample of 100 render facades was subjected to meticulous fieldwork to determine their condition. The analysis focuses on the environmental factors that most influence the overall degradation of the facades, evaluated through the condition level. Probabilistic models based on Markov chains are developed to predict the evolution of facade deterioration according to exposure to outdoor environmental conditions. The proposed model provides data on the synergy between the degradation agents and the degradation condition of render facades, the average time of permanence in each degradation level, and indications of the effect of degradation on the durability of render that may be applied in the implementation and fine-tuning of maintenance procedures. A better understanding of the durability of render facades allows a more rational management of their maintenance, contributing to a reduction of their life cycle costs. The proposed stochastic model provides information that can be applied in the context of insurance policies, allowing an evaluation of the risk of failure of coatings.     

Essential and non essential amino acid content of infant cereals in different stages of industrial processing and its relationship with chemical scores of protein quality

The effect of technological process on essential and non essential amino acids contents in infant cereals, the protein and essential amino acids infant dietary requirements cover by infant cereals, and its quality using some chemical scores has been studied. Mix of raw flours, mix of roasted flours, mix of enzymatically, hydrolysed and drum dried flours and commercial infant cereals of four different types of infant cereals: "Multicereal" and "Wheat" (both with gluten), "Growth" and "Rice and carrot" (both gluten free) were evaluated. The technological process only show a significant effect on lysine, arginine (P < 0.05) and valine (P < 0.01) contents in "Rice and carrot" infant cereal. Protein of any studied infant cereals covers 17.4% of the daily infant requirements in, while for essential amino acids will cover about 25 to 200% until the third year of life. As we expected, the limitant amino acid was lysine in all flours. Chemical scores only were affected by technological treatment in "Rice and carrot" infant cereal, showing the gluten-free infant cereals higher values (36.7-69.5%) than gluten infant cereals (18.1%-30.7%) at the end of the processing. It should be standing out "Growth" infant cereal, because of it has a higher lysine content than other infant cereals due to the main ingredients rice and corn.     

Graded balloon dilation atrial septostomy in severe primary pulmonary hypertension. A therapeutic alternative for patients nonresponsive to vasodilator treatment

Endothelial cell cultures were established from several wild African mammalian species. Long-term cultures were established from three ruminants, stable antelope (Hippotragus niger), buffalo (Syncerus caffer), and eland (Tragelaphus oryx), and from an omnivore, the bushpig (Potamochoerus porcus). Cowdria ruminanntium was isolated from plasma of clinically affected animals in these four cell lines and in bovine endothelial cells used routinely for C. ruminantium propagation. Nineteen different strains of C. ruminantium from Africa and the Caribbean region were grown and maintained in these cell lines and their growth was comparable with growth in the bovine endothelial cells. The role of sable antelope, eland, and bushpigs in the epidemiology of heartwater is unknown. However, these results extend the number of cell lines that can be used to isolate and grow C. ruminantium.     

Nutritional and antioxidant status of an institutionalized elderly group in Murcia (Spain)

The aging of the population is giving rise to a large number of studies aimed at improving the quality of life, considering diet as a major contributing factor in this life stage. The objectives of the present study were to evaluate the nutritional status of a group of institutionalized elderly in Murcia, Spain, and to relate the diet to anthropometric and biochemical indices, paying special attention to total antioxidant status. The dietary evaluation showed excessive intakes of proteins and lipids, and deficiencies in those of carbohydrates, dietary fiber, zinc, iodine and vitamins A, E and D. The high proportion of overweight observed were not significantly correlated to the energy intakes. Although total plasma antioxidant status was low (0.62 mM eq Trolox and 0.98 mM eq Fe(II)) compared with reference values, estimated oxidative risk in this group of elderly was low according to plasma levels of vitamins C, A & E.