This study investigates the predictability of a fixed uncertainty index (UI) for realized variances (volatility) in the international stock markets from a high-frequency perspective. We construct a composite UI based on the scaled principal component analysis (s-PCA) method and demonstrate that...

This paper investigates how to improve prediction accuracy of stock realized volatility using a large set of predictors. Exploiting normalized positive adjusted R-square and significant t statistic of predictor obtained from the in-sample result as weight, we develop two simple and effective...

This paper investigates the production scheduling problems of allocating resources and sequencing jobs in the seru production system (SPS). As a new-type manufacturing mode arising from Japanese production practices, seru production can achieve efficiency, flexibility, and responsiveness...