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The primary focus of this study is to tackle a critical industry issue concerning energy inefficiency. This is achieved through an investigation into enhancing heat transfer in solar radiation phenomena on a curved surface. The problem formulation of governing equations includes the combined effects of thermal relaxation, Newtonian heating, radiation mechanism, and Darcy-Forchheimer to enhance the uniqueness of the model. This research employs the Cattaneo–Christov heat theory model to investigate the thermal flux via utilizing the above-mentioned phenomenon with a purpose of advancing thermal technology. A mixture of silicon dioxide (SiO_2)\ and Molybdenum disulfide (MoS_2) is considered for the nanoparticle’s thermal propagation in base solvent propylene glycol. The simulation of the modeled equations is solved using the Shifted Legendre collocation scheme (SLCS). The findings show that, the solar radiation effects boosted the heating performance of the hybrid nanofluid. Furthermore, the heat transmission progress increases against the curvature and thermal relaxation parameter.

Shifted Legendre collocation scheme (SLCS) is utilized to solve the simulation of the modeled equations.

The findings show that, the solar radiation effects boosted the heating performance of the hybrid nanofluid. The heat transmission progress increase against the curvature and thermal relaxation parameter.

This research employs the Cattaneo–Christov heat theory model to investigate the thermal flux via utilizing the above-mentioned phenomenon with a purpose of advancing thermal technology.

We review and synthesize the existing research on directors' and officers’ (D&O) liability insurance. Our objectives are (1) to examine the institutional forces and regulatory requirements that have influenced the development of D&O liability insurance; (2) to identify the factors that influence firms to purchase D&O liability insurance and explore the consequences associated with its usage and (3) to identify gaps in the current literature and provide recommendations for future research on D&O liability insurance.

We perform a systematic literature review (SLR) using the Preferred Reporting Items for a Systematic Review of Meta-Analysis (PRISMA) guidelines to examine archival studies that investigate the determinants and consequences of D&O liability insurance. Using a Boolean search strategy on the “Web of Science” (WoS) and PRISMA selection criteria, we review 64 published archival research articles and three working papers from 1987 to October 2023.

Our review reveals that disclosing detailed information regarding D&O liability insurance, such as total insurance premiums and coverage limit, is predominantly voluntary, except in Taiwan. Our findings suggest that the decision to purchase D&O liability insurance is influenced by litigation risk, which is determined by factors such as firm size, complexity and corporate governance variables. We also find that D&O liability insurance has implications for financial reporting, audit outcomes, investment behavior and capital market performance.

In the post-COVID era, where firms face pressure due to financial constraints, our research emphasizes the practical importance of carefully considering and understanding the impact of D&O liability insurance, particularly as it concerns the demand for such insurance.

To the best of our knowledge, this study represents the first systematic review of previous research on D&O liability insurance. Our review highlights some research gaps, particularly in relation to the implications for financial reporting practices, auditing outcomes, firm investment behavior and capital market consequences.

The purpose of this paper is to investigate the silt erosion performance of Bare, 75%Cr₂O₃ + 25%Al₂O₃ and 85%Cr₂O₃ + 15Al₂O₃-coated SS304 under various control parameters such as rotation speed, concentration of silt and particle size of silt used for making slurry. This can provide insight for using chromia and alumina-based coatings for hydro-turbines.

Taguchi approach was used to identify the effect of three input parameters on the bare and coated alloys. L₁₆ orthogonal array is used for determining the signal-to-noise (S/N) ratio for each process parameter. For each level of parameters taken into consideration about the erosion wear, the arithmetic mean of the S/N ratio is calculated. On the essence of the results of S/N ratios, it is possible to determine the effect of the most dominating parameters of the erosion wear.

Results show that the erosion increases with an increase in silt concentration (Wt.%). It has been analyzed that the rotational speed has the most significant effect followed by the particle size and concentration on erosion wear for all uncoated and coated SS-304 samples. Maximum resistance to erosion is provided by 85%Cr₂O₃ + 15%Al₂O₃. The least erosion wear for process parameters has occurred at the optimal parametric combination of rotational speed (N) = 415 rev/min, concentration (C) = 15 Wt.% and particle size range as <53 µm for uncoated and coated stainless steel.

The study clearly shows the silt erosion performance of chromia and alumina coatings of different compositions at different input parameters.

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-01-2024-0028/

To overcome the limitations of traditional multi-attribute decision making (MADM) methods, which only provide deterministic rankings of decision objects, this paper proposes a novel multi-attribute 3WD model. This model presents three-parameter interval grey number decision-theoretic rough sets (TPIGNDTRSs), aiming to offer a reasoned interpretation of loss functions in grey environments and ensure objective assessment of conditional probabilities.

Firstly, the traditional equivalence relation is replaced with the probabilistic dominance relation (PDR), categorizing decision objects into two state sets in DTRS for more objective conditional probabilities. Secondly, as the three-parameter interval grey number (TPIGN) introduces the most probable value on the basis of the traditional two-parameter interval grey number, it provides a more comprehensive method for describing grey information. Consequently, integrating TPIGN into DTRS refines the interpretations of loss functions in grey environments. Finally, by utilizing two main sorting techniques, relative kernel and degree of accuracy ranking and possibility ranking, two types of 3WD rules with TPIGNDTRSs, are constructed.

This study has successfully developed and validated a new multi-attribute 3WD model. The model was tested in two distinct domains: evaluating innovation efficiency in high-tech enterprises and recommending movies in a practical case. The findings reveal that the model can effectively integrate relevant information of high-tech enterprises, provide the government with enterprise-level assessments, and gather consumer preferences to recommend the most suitable movies.

This study treats the loss function as grey information in the 3WD model but overlooks the grey nature of evaluation values, limiting its applicability. Additionally, the model’s reliance on subjective expert judgments and historical data to establish the loss function may affect its objectivity. The implications of this research are that the novel model overcomes traditional MADM limitations, enhancing decision-making quality and efficiency in complex and grey scenarios. The model’s successful application in evaluating high-tech enterprises and recommending movies illustrates its dual value in both theory and practice.

Initially, the model proposed in this study is of significant importance for the development of the 3WD field, as it successfully addresses the challenges of uncertain loss functions and unknown conditional probabilities in grey information environments. Moreover, by integrating the 3WD model with MADM problems, it has broken through the bottlenecks of traditional MADM methods, offering new perspectives and strategies for solving MADM issues. Therefore, this research not only advances theoretical research but also provides powerful tools for practical applications.

Whereas, the classical Green-Naghdi Type II (GN-II) model struggles to accurately represent the thermo-mechanical behavior of thermoelectric MHD due to its inability to account for the memory effect. A new mathematical model of the GN-II theory incorporates a fractional order of heat transport to address this issue.

The employment of the matrix exponential method, which forms the basis of the state-space approach in contemporary theory, is central to this strategy. The resulting formulation, together with the Laplace transform techniques, is applied to a variety of problems. Solutions to a thermal shock problem and to a problem of a layer media both without heat sources are obtained. Also, a problem with the distribution of heat sources is considered. The numerical technique is used to achieve the Laplace transform inversion.

According to the numerical results and its graphs, the influences of the fractional order parameters, figure-of-merit factor, thermoelectric power and Peltier coefficient on the behavior of the field quantities are investigated in the new theory.

The new modeling of thermoelectric MHD has advanced significantly as a result of this work, providing a more thorough and precise tool for forecasting the behavior of these materials under a range of thermal and magnetic conditions.

The purpose of this paper is to evaluate the efficiency of a series network system with undesirable and unreturnable simultaneously.

The research was conducted by applying data envelopment analysis (DEA) approach to measure the efficiency score of a system and substages with an undesirable output of the second and third stages separately. For each case, new production technology was introduced, and based on them, novel DEA models were proposed.

One of the most important issues in the development of a country is the banking industry. In this study, 51 branches of commercial banks as a three-stage system with undesirable and unreturnable outputs in the second stage are considered. Then, the efficiency of each branch and substages is measured by using proposed models.

The efficiency of a three-stage network in the presence of undesirable and unreturnable outputs was assessed. In this model, Kousmanen’s technology was used.

In typical model-based calibration, linearization errors are derived inevitably, and non-negligible negative impact will be induced on the identification results if the rotational kinematic errors are not small enough or the lengths of links are too long, which is common in the industrial cases. Thus, an accurate two-step kinematic calibration method minimizing the linearization errors is presented for a six-DoF serial robot to improve the calibration accuracy.

The negative impact of linearization on identification accuracy is minimized by removing the responsible linearized kinematic errors from the complete kinematic error model. Accordingly, the identification results of the dimension-reduced new model are accurate but not complete, so the complete kinematic error model, which achieves high identification accuracy of the rest of the error parameters, is combined with this new model to create a two-step calibration procedure capable of highly accurate identification of all the kinematic errors.

The proportions of linearization errors in measured pose errors are quantified and found to be non-negligible with the increase of rotational kinematic errors. Thus, negative impacts of linearization errors are analyzed quantitatively in different cases, providing the basis for allowed kinematic errors in the new model. Much more accurate results were obtained by using the new two-step calibration method, according to a comparison with the typical methods.

This new method achieves high accuracy with no compromise on completeness, is easy to operate and is consistent with the typical method because the second step with the new model is conveniently combined without changing the sensors or measurement instrument setup.

In demand-driven markets, customer value, sometimes called perceived use value or consumer surplus, is defined by the customer rather than the firm. The value a firm can appropriate, its profits, is driven by the customer’s willingness to pay for the value they receive, adjusted by costs. This paper introduces a conceptual framework that helps understand value creation and appropriation in demand-driven markets and shows how to influence them through strategic decision-making.

This paper uses an axiomatic approach combined with an extended analytical formulation of the jobs-to-be-done framework to contextualise demand-driven markets. It mathematically derives implications for managerial decision-making concerning selecting customer segments, optimising customer value creation and maximising firm value appropriation in a competitive environment.

Rooting strategic decision-making in the jobs-to-be-done framework allows distinguishing between what customers want to achieve (goal), what product attributes need to be satisfied (opportunity space/constraints) and what value creation criteria related to features are important (utility function). This paper shows that starting from a job-to-be-done, the problem of identifying which customer segments to serve, what product to offer and what price to charge, can be formulated as an optimisation problem that simultaneously (rather than sequentially) solves for the three decision variables, customer segments, product features and price, by maximising the value that a firm can appropriate, subject to maximising customer value creation and constrained by the competitive environment.

Applying the derived results to simultaneously deciding which customer segments to target, what product features to offer and what price to charge, given a set of competing products, allows managers to increase their chances of winning the competitive game.

This paper shows that starting from a job-to-be-done and simultaneously focusing on customers, product features, price and competitors enhances firm profitability. Strategic decision-making is formulated as an optimisation problem based on an axiomatic approach contextualising demand-driven markets.

Several graphs, streamlines, isotherms and 3D plots are illustrated to enlighten the noteworthy fallouts of the investigation. Embedding flow factors for velocity, induced magnetic field and temperature have been determined using parametric analysis.

Ternary hybrid nanofluids has outstanding hydrothermal performance compared to classical mono nanofluids and hybrid nanofluids owing to the presence of triple tiny metallic particles. Ternary hybrid nanofluids are considered as most promising candidates in solar energy, heat exchangers, electronics cooling, automotive cooling, nuclear reactors, automobile, aerospace, biomedical devices, food processing etc. In this work, a ternary hybrid nanofluid flow that contains metallic nanoparticles over a wedge under the prevalence of solar radiating heat, induced magnetic field and the shape factor of nanoparticles is considered. A ternary hybrid nanofluid is synthesized by dispersing iron oxide (Fe3O4), silver (Ag) and magnesium oxide (MgO) nanoparticles in a water (H₂O) base fluid. By employing similarity transformations, we can convert the governing equations into ordinary differential equations and then solve numerically by using the Runge–Kutta–Fehlberg approach.

There is no fund for the research work.

This kind of study may be used to improve the performance of solar collectors, solar energy and solar cells.

This investigation unfolds the hydrothermal changes of radiative water-based Fe₃O₄-Ag-MgO-H₂O ternary hybrid nanofluidic transport past a static and moving wedge in the presence of solar radiating heating and induced magnetic fields. The shape factor of nanoparticles has been considered in this study.

In this study, an attempt has been made to collect the research that has been done on the construction and design of the H₂O₂ sensor. So far, many efforts have been made to quickly and sensitively determine H₂O₂ concentration based on different analytical principles. In this study, the importance of H₂O₂, its applications in various industries, especially the food industry, and the importance of measuring it with different techniques, especially portable sensors and on-site analysis, have been investigated and studied.

Hydrogen peroxide (H₂O₂) is a very simple molecule in nature, but due to its strong oxidizing and reducing properties, it has been widely used in the pharmaceutical, medical, environmental, mining, textile, paper, food production and chemical industries. Sensitive, rapid and continuous detection of H₂O₂ is of great importance in many systems for product quality control, health care, medical diagnostics, food safety and environmental protection.

Various methods have been developed and applied for the analysis of H₂O₂, such as fluorescence, colorimetry and electrochemistry, among them, the electrochemical technique due to its advantages in simple instrumentation, easy miniaturization, sensitivity and selectivity.

Monitoring the H₂O₂ concentration level is of practical importance for academic and industrial purposes. Edible oils are prone to oxidation during processing and storage, which may adversely affect oil quality and human health. Determination of peroxide value (PV) of edible oils is essential because PV is one of the most common quality parameters for monitoring lipid oxidation and oil quality control. The development of cheap, simple, fast, sensitive and selective H₂O₂ sensors is essential.