Timing constraint Petri nets (TCPNs) can be used to model a real-time system specification and to verify the timing behavior of the system. This paper describes the limitations of the reachability analysis method in ...Timing constraint Petri nets (TCPNs) can be used to model a real-time system specification and to verify the timing behavior of the system. This paper describes the limitations of the reachability analysis method in analyzing complex systems for existing TCPNs. Based on further research on the schedulability analysis method with various topology structures, a more general state reachability analysis method is proposed. To meet various requirements of timely response for actual systems, this paper puts forward a heuristic method for selecting decision-spans of transitions and develops a heuristic algorithm for schedulability analysis of TCPNs. Examples are given showing the practicality of the method in the schedulability analysis for real-time systems with various structures.展开更多
Corporations need to improve business processes in order to enhance velocity and service levels while reducing their processing costs and differentiating themselves in the face of competition. The levitation of import...Corporations need to improve business processes in order to enhance velocity and service levels while reducing their processing costs and differentiating themselves in the face of competition. The levitation of importance beyond support roles has raised IT investment decisions to high priority in chief executive officers＇ agendas. Corporate planning groups as well as lines of business are increasingly applying techniques of IT applications portfolio management in a more systematic fashion to improve decision-making and resource-allocation processes. Recent advances in software engineering and IT service delivery methodologies have achieved the logical separation of business functions from implementation. This separation has made a new breed of innovative IT project possible with a new project risk structure; the adjustment of portfolio management techniques is appropriate. We present an integrated portfolio management model so that the corporation can focus on organic growth through sources at both the department and top management levels. The research gives clear advice as to how top management can seek economic growth by selecting an entrepreneurial strategic posture, implying a strong risk-taking propensity. By integrating a risk-return model and risk-tolerance paradigm to cope with today＇s risk structure, overall capabilities can improve the decision process and the corporation＇s performance as well. The application of the integrated technique to a Japanese manufacturing firm is described.展开更多
To avoid debates on the interpretation problem of market-to-book, the residual income model is employed to calculate the intrinsic value and estimate the extent of mis-pricing by market. Using a sample of Chinese list...To avoid debates on the interpretation problem of market-to-book, the residual income model is employed to calculate the intrinsic value and estimate the extent of mis-pricing by market. Using a sample of Chinese listed companies from 1998 to 2003, the empirical evidence supports that equity market mis-pricing plays a significant role in decision making on the initial public offering. Our evidence verifies that the market timing theory can be applied to the analysis of financing behavior of Chinese listed companies, but the long-lasting effect is insignificant.展开更多
文摘Timing constraint Petri nets (TCPNs) can be used to model a real-time system specification and to verify the timing behavior of the system. This paper describes the limitations of the reachability analysis method in analyzing complex systems for existing TCPNs. Based on further research on the schedulability analysis method with various topology structures, a more general state reachability analysis method is proposed. To meet various requirements of timely response for actual systems, this paper puts forward a heuristic method for selecting decision-spans of transitions and develops a heuristic algorithm for schedulability analysis of TCPNs. Examples are given showing the practicality of the method in the schedulability analysis for real-time systems with various structures.
文摘Corporations need to improve business processes in order to enhance velocity and service levels while reducing their processing costs and differentiating themselves in the face of competition. The levitation of importance beyond support roles has raised IT investment decisions to high priority in chief executive officers＇ agendas. Corporate planning groups as well as lines of business are increasingly applying techniques of IT applications portfolio management in a more systematic fashion to improve decision-making and resource-allocation processes. Recent advances in software engineering and IT service delivery methodologies have achieved the logical separation of business functions from implementation. This separation has made a new breed of innovative IT project possible with a new project risk structure; the adjustment of portfolio management techniques is appropriate. We present an integrated portfolio management model so that the corporation can focus on organic growth through sources at both the department and top management levels. The research gives clear advice as to how top management can seek economic growth by selecting an entrepreneurial strategic posture, implying a strong risk-taking propensity. By integrating a risk-return model and risk-tolerance paradigm to cope with today＇s risk structure, overall capabilities can improve the decision process and the corporation＇s performance as well. The application of the integrated technique to a Japanese manufacturing firm is described.
基金The Specialized Research Fund for the Doctoral Program of Higher Education of China(No.20060613007)
文摘To avoid debates on the interpretation problem of market-to-book, the residual income model is employed to calculate the intrinsic value and estimate the extent of mis-pricing by market. Using a sample of Chinese listed companies from 1998 to 2003, the empirical evidence supports that equity market mis-pricing plays a significant role in decision making on the initial public offering. Our evidence verifies that the market timing theory can be applied to the analysis of financing behavior of Chinese listed companies, but the long-lasting effect is insignificant.
