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Purpose: Social manufacturing has emerged. It aims to integrate the manufacturing resources of micro- and small-scale manufacturing enterprises (MSMEs) and help MSMEs cope with the dynamic, service-oriented and personalized market demands. In social manufacturing, MSMEs cooperate with each...
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This paper considers some univariate and multivariate operational risk models, in which the loss severities are modelled by some weakly tail dependent and heavy-tailed positive random variables, and the loss frequency processes are some general counting processes. In such models, we derive some...
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This paper considers the randomly weighted sums generated by some dependent sub-exponential primary random variables and some arbitrarily dependent random weights. To study the randomly weighted sums with infinitely many terms, we establish a Kesten-type upper bound for their tail probabilities...
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In the current research, the efficiency of a hybrid renewable system consisting of a solar parabolic trough collector and the organic Rankine (PTC- ORC) is evaluated. Moreover, the effect of using the photovoltaic module in this coupled system (PTC-PV-ORC) is poked. Due to analyzing the...
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