In this study, an empirical mode decomposition (EMD) based neural network ensemble learning paradigm is proposed for world crude oil spot price forecasting. For this purpose, the original crude oil spot price series were first decomposed into a finite, and often small, number of intrinsic mode...

We consider the replenishment routing problems of one supplier who can replenish only one of multiple retailers per period, while different retailers need different periodical replenishment. For simple cases satisfying certain conditions, we obtain the simple routing by which the supplier can...

Credit risk analysis is an active research area in financial risk management and credit scoring is one of the key analytical techniques in credit risk evaluation. In this study, a novel intelligent-agent-based fuzzy group decision making (GDM) model is proposed as an effective multicriteria...

The article argues that the basic arguments of the article must be based upon observation and analysis. Observation may be of published literature or of experiments conducted to prove or disprove a notion. Observations can be of the behavior of specific materials or machines or social or...

With the increasing level of volatility in the crude oil market, the transient data feature becomes more prevalent in the market and is no longer ignorable during the risk measurement process. Since there are multiple representations for these transient data features using a set of bases...

In this study, a novel forecasting model based on the Wavelet Neural Network (WNN) is proposed to predict the monthly crude oil spot price. In the proposed model, the OECD industrial petroleum inventory level is used as an independent variable, and the Wavelet Neural Network (WNN) is used to...

In this paper, a hybrid model integrating wavelet decomposition and least squares support machines (LSSVM) is proposed for crude oil price forecasting. In this model, the Haar à trous wavelet transform is first selected to decompose an original time series into several sub-series with different...

In this paper, we investigate quality investment and price decision of a make-to-order (MTO) supply chain with uncertain demand in international trade. Due to volatility of orders from buyers, the supplier and the manufacturer in the supply chain are subject to financial risk. In contrast to the...