Let F(x) be a convex function defined in R^{n}), which is symmetric about the origin and homogeneous of degree 1, and let L be the lattice of integers Z^{n}. A definition of a reduced basis, b^{1},...,b^{n}, of the lattice with respect to the distance function F is presented, and we describe an...

Driven by increased complexity of dynamical systems, the solution of system of differential equations through numerical simulation in optimization problems has become computationally expensive. This paper provides a smart data driven mechanism to construct low dimensional surrogate models. These...

In this work we introduce the Proper Orthogonal Decomposition (POD)approach to the valuation of contingent claims for one–dimensional price models.First, we present the POD in the context of an abstract Hilbert space and we givean application for the numerical pricing of Double Barrier...

Driven by increased complexity of dynamical systems, the solution of system of differential equations through numerical simulation in optimization problems has become computationally expensive. This paper provides a smart data driven mechanism to construct low dimensional surrogate models. These...

Electronic businesses have as interface a website that displays a very rich, structured content, according to the different type of business. To display the content in real time, a content management system can be used, such as the Drupal platform. It has various advantages such as structuring...

Business Intelligence is the combination of the information from several sources, and presenting results in a form that can be used in taking business decisions. Processed and presented in an intelligent way, this information gives the company the advanta

Conversion of ordinary business into e-business has forced organizations to be redesigned and reshaped Today's business owners are more dependent on applications than ever before. Application software automates key business processes - from payments, fund

Flexibility, openness, and cooperation are fundamental tendencies that positively mark the ensemble of private and public sector organizations. For a sustainable development in a more and more complex globalized and competitive business environment, the e

A web service represents a communication interface offered by the server, through that the clients (programs on other systems) may require different information. The customer may vary, may be present on the same computer server, may be in the same local n

On the basis of the decision making stands information, as one of the main elements that determine the evolution of our-days society. As a consequence, data analysis tends to become a priority in the activity of an organization for decision making. The di