Thermodynamic Models for Industrial Applications

Autoregressive Conditional Heteroskedastic (ARCH) processes are used in finance to model asset price volatility over time. This book introduces both the theory and applications of ARCH models and provides the basic theoretical and empirical background, before proceeding to more advanced issues and applications. The Authors provide coverage of the recent developments in ARCH modelling which can be implemented using econometric software, model construction, fitting and forecasting and model evaluation and selection. Key Features: Presents a comprehensive overview of both the theory and the practical applications of ARCH, an increasingly popular financial modelling technique. Assumes no prior knowledge of ARCH models; the basics such as model construction are introduced, before proceeding to more complex applications such as value-at-risk, option pricing and model evaluation. Uses empirical examples to demonstrate how the recent developments in ARCH can be implemented. Provides step-by-step instructive examples, using econometric software, such as Econometric Views and the G@RCH module for the Ox software package, used in Estimating and Forecasting ARCH Models. Accompanied by a CD-ROM containing links to the software as well as the datasets used in the examples. Aimed at readers wishing to gain an aptitude in the applications of financial econometric modelling with a focus on practical implementation, via applications to real data and via examples worked with econometrics packages.

SMART SYSTEMS FOR INDUSTRIAL APPLICATIONS The prime objective of this book is to provide an insight into the role and advancements of artificial intelligence in electrical systems and future challenges. The book covers a broad range of topics about AI from a multidisciplinary point of view, starting with its history and continuing on to theories about artificial vs. human intelligence, concepts, and regulations concerning AI, human-machine distribution of power and control, delegation of decisions, the social and economic impact of AI, etc. The prominent role that AI plays in society by connecting people through technologies is highlighted in this book. It also covers key aspects of various AI applications in electrical systems in order to enable growth in electrical engineering. The impact that AI has on social and economic factors is also examined from various perspectives. Moreover, many intriguing aspects of AI techniques in different domains are covered such as e-learning, healthcare, smart grid, virtual assistance, etc. Audience The book will be of interest to researchers and postgraduate students in artificial intelligence, electrical and electronic engineering, as well as those engineers working in the application areas such as healthcare, energy systems, education, and others.

This book presents the most important methods used for the design of digital controls implemented in industrial applications. The best modelling and identification techniques for dynamical systems are presented as well as the algorithms for the implementation of the modern solutions of process control. The proposed described methods are illustrated by various case studies for the main industrial sectors There exist a number of books related each one to a single type of control, yet usually without comparisons for various industrial sectors. Some other books present modelling and identification methods or signal processing. This book presents the methods to solve all the problems linked to the design of a process control without the need to find additional information.

Valuable insights into the extraction, production, and properties of a large number of natural and synthetic oxides utilized in applications worldwide from ceramics, electronic components, and coatings This handbook describes each of the major oxides chronologically—starting from the processes of extraction of ores containing oxides, their purification and transformations into pure alloyed powders, and their appropriate characterization up to the processes of formation of 2D films by such methods as PVD, CVD, and coatings by thermal spraying or complicated 3D objects by sintering and rapid prototyping. The selection of oxides has been guided by the current context of industrial applications. An important point that is considered in the book concerns the strategic aspects of oxides. Some oxides (e.g. rare earth ones) become more expensive due to the growing demand for them, others, because of the strategic importance of countries producing raw materials and the countries that are using them. Industrial Chemistry of Oxides for Emerging Applications provides readers with everything they need to know in 7 chapters that cover: technical and economical importance of oxides in present and future; fundamentals of oxides manufacturing; extraction, properties, and applications of Al2O3; extraction, properties, and applications of ZrO2; synthesis, properties, and applications of YBaCu2O7x; extraction, properties, and applications of TiO2; and synthesis, properties, and application of hydroxyapatite. Presents the extraction, production, and properties of a large fraction of oxides applications worldwide, both natural as well as synthetic multi‐oxides Covers a very important segment of many industrial processes, such as refractories and piezoelectric oxides—both applications constituting very large market segments Developed from a lecture course given by the authors for over a decade Industrial Chemistry of Oxides for Emerging Applications is an excellent text for university professors and teachers, and graduate and postgraduate students with a solid background in physics and chemistry.

HANDBOOK of BIOMASS VALORIZATION for INDUSTRIAL APPLICATIONS The handbook provides a comprehensive view of cutting-edge research on biomass valorization, from advanced fabrication methodologies through useful derived materials, to current and potential application sectors. Industrial sectors, such as food, textiles, petrochemicals and pharmaceuticals, generate massive amounts of waste each year, the disposal of which has become a major issue worldwide. As a result, implementing a circular economy that employs sustainable practices in waste management is critical for any industry. Moreover, fossil fuels, which are the primary sources of fuel in the transportation sector, are also being rapidly depleted at an alarming rate. Therefore, to combat these global issues without increasing our carbon footprint, we must look for renewable resources to produce chemicals and biomaterials. In that context, agricultural waste materials are gaining popularity as cost-effective and abundantly available alternatives to fossil resources for the production of a variety of value-added products, including renewable fuels, fuel components, and fuel additives. Handbook of Biomass Valorization for Industrial Applications investigates current and emerging feedstocks, as well as provides in-depth technical information on advanced catalytic processes and technologies that enable the development of all possible alternative energy sources. The 22 chapters of this book comprehensively cover the valorization of agricultural wastes and their various uses in value-added applications like energy, biofuels, fertilizers, and wastewater treatment. Audience The book is intended for a very broad audience working in the fields of materials sciences, chemical engineering, nanotechnology, energy, environment, chemistry, etc. This book will be an invaluable reference source for the libraries in universities and industrial institutions, government and independent institutes, individual research groups, and scientists working in the field of valorization of biomass.

A practically-focused resource for business valuation professionals Financial Valuation: Applications and Models provides authoritative reference and practical guidance on the appropriate, defensible way to prepare and present business valuations. With contributions by 30 top experts in the field, this new fourth edition provides an essential resource for those seeking the most up-to-date guidance, with a strong emphasis on applications and models. Coverage includes state-of-the-art methods for the valuation of closely-held businesses, nonpublic entities, intangible, and other assets, with comprehensive discussion on valuation theory, a consensus view on application, and the tools to make it happen. Packed with examples, checklists, and models to help you navigate your valuation project, this book also provides hundreds of expert «tips» and best practices in clear, easy-to-follow language. The companion website provides access to extensive appendix materials, and the perspectives of valuation thought-leaders add critical insight throughout each step of the process. Valuation is an important part of any organization's overall financial strategy, and seemingly-small inaccuracies or incomplete assessments can have big repercussions. This book walks you through the valuation process to give you the skills and understanding you need to get it done right. Learn best practices from 30 field-leading experts Follow clear examples for complex or unfamiliar scenarios Access practical tools that streamline the valuation process Understand valuation models and real-world applications The business valuation process can become very complex very quickly, and there's no substitute for clear guidance and a delineated framework in the run-up to completion. Get organized from the beginning, and be systematic and methodical every step of the way. Financial Valuation: Applications and Models is the all-encompassing, expert guide to business valuation projects.

The golden standard evaluation reference text Now in its second edition, Evaluation Theory, Models, and Applications is the vital text on evaluation models, perfect for classroom use as a textbook, and as a professional evaluation reference. The book begins with an overview of the evaluation field and program evaluation standards, and proceeds to cover the most widely used evaluation approaches. With new evaluation designs and the inclusion of the latest literature from the field, this Second Edition is an essential update for professionals and students who want to stay current. Understanding and choosing evaluation approaches is critical to many professions, and Evaluation Theory, Models, and Applications, Second Edition is the benchmark evaluation guide. Authors Daniel L. Stufflebeam and Chris L. S. Coryn, widely considered experts in the evaluation field, introduce and describe 23 program evaluation approaches, including, new to this edition, transformative evaluation, participatory evaluation, consumer feedback, and meta-analysis. Evaluation Theory, Models, and Applications, Second Edition facilitates the process of planning, conducting, and assessing program evaluations. The highlighted evaluation approaches include: Experimental and quasi-experimental design evaluations Daniel L. Stufflebeam's CIPP Model Michael Scriven's Consumer-Oriented Evaluation Michael Patton's Utilization-Focused Evaluation Robert Stake's Responsive/Stakeholder-Centered Evaluation Case Study Evaluation Key readings listed at the end of each chapter direct readers to the most important references for each topic. Learning objectives, review questions, student exercises, and instructor support materials complete the collection of tools. Choosing from evaluation approaches can be an overwhelming process, but Evaluation Theory, Models, and Applications, Second Edition updates the core evaluation concepts with the latest research, making this complex field accessible in just one book.

Survival analysis concerns sequential occurrences of events governed by probabilistic laws. Recent decades have witnessed many applications of survival analysis in various disciplines. This book introduces both classic survival models and theories along with newly developed techniques. Readers will learn how to perform analysis of survival data by following numerous empirical illustrations in SAS. Survival Analysis: Models and Applications: Presents basic techniques before leading onto some of the most advanced topics in survival analysis. Assumes only a minimal knowledge of SAS whilst enabling more experienced users to learn new techniques of data input and manipulation. Provides numerous examples of SAS code to illustrate each of the methods, along with step-by-step instructions to perform each technique. Highlights the strengths and limitations of each technique covered. Covering a wide scope of survival techniques and methods, from the introductory to the advanced, this book can be used as a useful reference book for planners, researchers, and professors who are working in settings involving various lifetime events. Scientists interested in survival analysis should find it a useful guidebook for the incorporation of survival data and methods into their projects.

Survival analysis concerns sequential occurrences of events governed by probabilistic laws. Recent decades have witnessed many applications of survival analysis in various disciplines. This book introduces both classic survival models and theories along with newly developed techniques. Readers will learn how to perform analysis of survival data by following numerous empirical illustrations in SAS. Survival Analysis: Models and Applications: Presents basic techniques before leading onto some of the most advanced topics in survival analysis. Assumes only a minimal knowledge of SAS whilst enabling more experienced users to learn new techniques of data input and manipulation. Provides numerous examples of SAS code to illustrate each of the methods, along with step-by-step instructions to perform each technique. Highlights the strengths and limitations of each technique covered. Covering a wide scope of survival techniques and methods, from the introductory to the advanced, this book can be used as a useful reference book for planners, researchers, and professors who are working in settings involving various lifetime events. Scientists interested in survival analysis should find it a useful guidebook for the incorporation of survival data and methods into their projects.