Purpose – The purpose of this paper is to provide details on implementation of inexpensive and accurate automation solution for performing brisket cutting while the sheep/lamb is hanging by forelegs. Design/methodology/approach – The system developed uses 6 Degree of freedom (DOF) industrial...

Purpose – To study stochastic volatility in the pricing of options. Design/methodology/approach – Random‐coefficient autoregressive and generalized autoregressive conditional heteroscedastic models are studied. The option‐pricing formula is viewed as a moment of a truncated normal...