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Article
Publication date: 18 March 2024

Raj Kumar Bhardwaj, Ritesh Kumar and Mohammad Nazim

This paper evaluates the precision of four metasearch engines (MSEs) – DuckDuckGo, Dogpile, Metacrawler and Startpage, to determine which metasearch engine exhibits the highest…

Abstract

Purpose

This paper evaluates the precision of four metasearch engines (MSEs) – DuckDuckGo, Dogpile, Metacrawler and Startpage, to determine which metasearch engine exhibits the highest level of precision and to identify the metasearch engine that is most likely to return the most relevant search results.

Design/methodology/approach

The research is divided into two parts: the first phase involves four queries categorized into two segments (4-Q-2-S), while the second phase includes six queries divided into three segments (6-Q-3-S). These queries vary in complexity, falling into three types: simple, phrase and complex. The precision, average precision and the presence of duplicates across all the evaluated metasearch engines are determined.

Findings

The study clearly demonstrated that Startpage returned the most relevant results and achieved the highest precision (0.98) among the four MSEs. Conversely, DuckDuckGo exhibited consistent performance across both phases of the study.

Research limitations/implications

The study only evaluated four metasearch engines, which may not be representative of all available metasearch engines. Additionally, a limited number of queries were used, which may not be sufficient to generalize the findings to all types of queries.

Practical implications

The findings of this study can be valuable for accreditation agencies in managing duplicates, improving their search capabilities and obtaining more relevant and precise results. These findings can also assist users in selecting the best metasearch engine based on precision rather than interface.

Originality/value

The study is the first of its kind which evaluates the four metasearch engines. No similar study has been conducted in the past to measure the performance of metasearch engines.

Details

Performance Measurement and Metrics, vol. 25 no. 1
Type: Research Article
ISSN: 1467-8047

Keywords

Article
Publication date: 13 September 2022

Shungen Luo and Fei Song

This study tests the effect of accounting standards precision on financial restatements and the influence of accounting standards precision on different types of restatements…

Abstract

Purpose

This study tests the effect of accounting standards precision on financial restatements and the influence of accounting standards precision on different types of restatements (including errors and irregularities). What is more, the heterogeneity between accounting standards precision and financial restatements is verified in this paper. In the further analyses, the authors also examine the mediating roles and moderating roles on the correlation between accounting standards precision and financial restatements.

Design/methodology/approach

The focus is placed on an unbalanced panel of 18,766 samples over the period of 2007–2017.

Findings

The authors find that firms' restatements decrease when standards are more principles-based (low accounting standards precision). Especially, irregularities significantly decrease when firms' standards are more principles-based. What's more, the negative relationship between principles-based standards and restatements is more significant in “big four” accounting firms. Moreover, from the mediating effect results, the authors find that low accounting standards precision decreases a firm's financial reporting complexity and increases equity restriction, which in turn can help decreasing its financial misreporting. From the moderating effect results, the authors find that the higher the TOP1 and the more analysts following the firm, the higher the benefit of accounting standards precision to misstatements.

Originality/value

The results of this study provide a theoretical reference for accounting standard setters and are helpful to inform investors and regulators about the influence of Chinese accounting standards on restatements.

Details

Asian Review of Accounting, vol. 30 no. 4
Type: Research Article
ISSN: 1321-7348

Keywords

Case study
Publication date: 3 March 2023

Anshuman Rath and Sumita Mishra

After studying the case, the students will be able to: 1. understand the business and existing HR practices at Precision Engineering; 2. evaluate the factors affecting business…

Abstract

Learning outcomes

After studying the case, the students will be able to: 1. understand the business and existing HR practices at Precision Engineering; 2. evaluate the factors affecting business that may require the company to formalise its HR practices; 3. create recruitment and selection-related solutions for HR 2.0 using appropriate models and theory to aid the company meet its business goals; 4. create training needs identification and evaluation practices for HR 2.0 using appropriate models and theory to aid the company meet its business goals; and 5. create performance planning and review-related solutions for HR 2.0 using appropriate models and theory to aid the company meet its business goals. The case helps students objectively assess HR practices related to three core verticals – recruitment and selection; training; and performance management systems. It also enables them to reassess these practices with the help of specific metrics and models.

Case overview/synopsis

Precision Engineering was a manufacturer of machined metal components in the Indian automotive components industry. It had been a family-run business since its inception in 1995. Precision was awarded the prestigious Automotive Component Manufacturers of India award in 2020 for excellence in HR. Ms Sakshi Kapoor, General Manager of Innovation, was ecstatic at the receipt of this award. She, however, was thoughtful about the informal human resource (HR) practices at the company. The top management had announced an aggressive growth plan and advised Ms Kapoor to leverage HR practices to facilitate these plans. Recruitment and selection, employee training and performance management systems needed to be formalised on a priority basis to strategically aid the future business agenda at Precision. Ms Kapoor faced the challenge of preparing the roadmap of HR 2.0 while preserving the employee-centric beliefs at Precision. The case initiates a discussion to achieve this goal by adopting suitable HR metrics and models.

Complexity academic level

It should be taught in the core course on Human Resource Management for first-year Masters in Business Administration (MBA) students. Alternatively, it could be used in elective courses such as Strategic Human Resource Management, Training and Development and Performance Management Systems for second-year MBA students.

Supplementary materials

Teaching notes are available for educators only.

Subject code

CSS 6: Human Resource Management.

Details

Emerald Emerging Markets Case Studies, vol. 13 no. 1
Type: Case Study
ISSN: 2045-0621

Keywords

Article
Publication date: 1 December 2005

Seda Ozmutlu

The purpose of this study is to investigate whether question and keyword‐format queries are more successfully processed by search engines encouraging answers to searching and…

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Abstract

Purpose

The purpose of this study is to investigate whether question and keyword‐format queries are more successfully processed by search engines encouraging answers to searching and keyword‐format querying, respectively. This study aims to investigate whether web user characteristics and choice of search engine affects the relevancy scores and precision of the results.

Design/methodology/approach

The results of two search engines, Google and AskJeeves, were compared for question and keyword‐format queries. It was observed that AskJeeves was slightly more successful in processing question‐format queries, but this finding was not statistically supported. However, Google provided results on keyword‐format queries and the entire set of queries, which were statistically superior to those of AskJeeves.

Findings

Analysis of variance (ANOVA) showed that the age of web user is not as affective on the relevancy score and precision of results as other factors. Interactions of the main factors were also affective on the relevancy scores and precision, meaning that the different combinations of various factors cause a synergy in terms of relevancy scores and precision.

Research limitations/implications

This was a preliminary work on the effect of user characteristics on comprehension and evaluation of search query results. Future work includes expanding this study to include more web user characteristics, more levels of the web user characteristics, and inclusion of more search engines.

Originality/value

The findings of this study provide statistical proof for the relationship between the characteristics of web users, choice of search engine and the relevancy scores and precision of search results.

Details

Online Information Review, vol. 29 no. 6
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 4 November 2014

Yu-Ho Chi and David A. Ziebart

– The purpose of this paper is to examine the impact of management’s choice of forecast precision on the subsequent dispersion and accuracy of analysts’ earnings forecasts.

Abstract

Purpose

The purpose of this paper is to examine the impact of management’s choice of forecast precision on the subsequent dispersion and accuracy of analysts’ earnings forecasts.

Design/methodology/approach

Using a sample of 3,584 yearly management earnings per share (EPS) forecasts and 10,287 quarterly management EPS forecasts made during the period of 2002-2007 and collected from the First Call database, the authors controlled for factors previously found to impact analysts’ forecast accuracy and dispersion and investigate the link between management forecast precision and attributes of the analysts’ forecasts.

Findings

Results provide empirical evidence that managements’ disclosure precision has a statistically significant impact on both the dispersion and the accuracy of subsequent analysts’ forecasts. It was found that the dispersion in analysts’ forecasts is negatively related to the management forecast precision. In other words, a precise management forecast is associated with a smaller dispersion in the subsequent analysts’ forecasts. Evidence consistent with accuracy in subsequent analysts’ forecasts being positively associated with the precision in the management forecast was also found. When the present analysis focuses on range forecasts provided by management, it was found that lower precision (a larger range) is associated with a larger dispersion among analysts and larger forecast errors.

Practical implications

Evidence suggests a consistency in inferences across both annual and quarterly earnings forecasts by management. Accordingly, recent calls to eliminate earnings guidance through short-term quarterly management forecasts may have failed to consider the linkage between the attributes (precision) of those forecasts and the dispersion and accuracy in subsequent analysts’ forecasts.

Originality/value

This study contributes to the literature on both management earnings forecasts and analysts’ earnings forecasts. The results assist in policy deliberations related to calls to eliminate short-term management earnings guidance.

Details

Review of Accounting and Finance, vol. 13 no. 4
Type: Research Article
ISSN: 1475-7702

Keywords

Article
Publication date: 25 February 2020

Shengquan Wang, Chao Wang, Yong Cai and Guangyao Li

The purpose of this paper is to improve the computational speed of solving nonlinear dynamics by using parallel methods and mixed-precision algorithm on graphic processing units…

Abstract

Purpose

The purpose of this paper is to improve the computational speed of solving nonlinear dynamics by using parallel methods and mixed-precision algorithm on graphic processing units (GPUs). The computational efficiency of traditional central processing units (CPUs)-based computer aided engineering software has been difficult to satisfy the needs of scientific research and practical engineering, especially for nonlinear dynamic problems. Besides, when calculations are performed on GPUs, double-precision operations are slower than single-precision operations. So this paper implemented mixed precision for nonlinear dynamic problem simulation using Belytschko-Tsay (BT) shell element on GPU.

Design/methodology/approach

To minimize data transfer between heterogeneous architectures, the parallel computation of the fully explicit finite element (FE) calculation is realized using a vectorized thread-level parallelism algorithm. An asynchronous data transmission strategy and a novel dependency relationship link-based method, for efficiently solving parallel explicit shell element equations, are used to improve the GPU utilization ratio. Finally, this paper implements mixed precision for nonlinear dynamic problems simulation using the BT shell element on a GPU and compare it to the CPU-based serially executed program and a GPU-based double-precision parallel computing program.

Findings

For a car body model containing approximately 5.3 million degrees of freedom, the computational speed is improved 25 times over CPU sequential computation, and approximately 10% over double-precision parallel computing method. The accuracy error of the mixed-precision computation is small and can satisfy the requirements of practical engineering problems.

Originality/value

This paper realized a novel FE parallel computing procedure for nonlinear dynamic problems using mixed-precision algorithm on CPU-GPU platform. Compared with the CPU serial program, the program implemented in this article obtains a 25 times acceleration ratio when calculating the model of 883,168 elements, which greatly improves the calculation speed for solving nonlinear dynamic problems.

Details

Engineering Computations, vol. 37 no. 6
Type: Research Article
ISSN: 0264-4401

Keywords

Article
Publication date: 13 March 2017

Chang-Guang Zhou, Yi Ou, Hu-Tian Feng and Zeng-Tao Chen

This paper aims to examine the precision loss of ball screw raceway under different operating conditions and geometry parameters.

Abstract

Purpose

This paper aims to examine the precision loss of ball screw raceway under different operating conditions and geometry parameters.

Design/methodology/approach

Based on a new coefficient K’ introduced especially for ball screws to reflect the actual contact condition, the modified Archard theory is applied to ball screws to obtain wear volume of the ball-screw contacts. Thus, the axial precision loss can be defined as the ratio of the wear volume to the contact area. Meanwhile, a novel running bench and a precision-measuring system of ball screws are conducted. Precision variation is obtained and analyzed during the whole life running test, which agrees well with the theoretical values calculated in this paper.

Findings

For a given rotational speed, the increasing rate of the precision loss rate is high at low axial load and then becomes small with the increasing axial load, whereas for a given axial load, the precision loss rate is proportional to the rotational speed. Besides, the precision loss rate is reduced with the increasing contact angle between a ball and the screw raceway, and is proportional to the helix angle when the angle changes from 1 to 10 degrees.

Research limitations/implications

The rotational speed used in this experiment is low and the ball screw is of no-load type, although results calculated by the model and Wei’s model seem close when the axial load is high, whether the model built in the paper is applicable to the condition of high rotational speed and preload still needs to be verified in the future work.

Practical implications

This study provides an accurate model to predict the precision loss of the screw raceway and estimate the remaining life of ball screws, which is significant for better performance of ball screws as well as the computer numerical control machine tools.

Originality/value

Previous studies on the wear of ball screws mainly focused on the drag torque analysis and mechanical efficiency estimation, and the experiment to verify their theoretical analysis was almost all limited to the test of drag torque or axial rigidity, which is neither sufficient nor persuasive. However, in this paper, the authors proposed a comprehensive wear prediction model which combines the modified Archard wear theory, Hertz contact theory and kinematic theory of ball screws. To the best of the authors’ knowledge, this kind of study has never been reported in the literature. In addition, for the lack of the test bench and high cost of the experiment, the whole life operation test, which is designed and conducted to confirm the model in this paper, has never been reported in literature either.

Details

Industrial Lubrication and Tribology, vol. 69 no. 2
Type: Research Article
ISSN: 0036-8792

Keywords

Article
Publication date: 1 March 1995

Sunil Babbar

Inadequate measurement capability can place a heavy burden ofimplicit costs on manufacturers – even drive them out of business.It can have serious consequences for stakeholders in…

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Abstract

Inadequate measurement capability can place a heavy burden of implicit costs on manufacturers – even drive them out of business. It can have serious consequences for stakeholders in industry, commerce or science. High‐technology manufacturing must ensure a high level of precision in measurements, often to as much as a millionth of an inch. In seeking such high levels of precision, measurement laboratories often use traceability as a key precision criterion. Two comprehensive sets of measurements made over time by high‐precision laboratories on gauge blocks are used to explore the scope of traceability in ensuring high‐precision measurements. Significant differences were found between the high‐precision primary laboratories traceable to the National Institute of Standards and Technology in the USA. Explores general implications of such between‐laboratory differences and makes recommendations for secondary laboratories and stakeholders in dimensional metrology seeking to ensure a high level of precision in their measurements.

Details

International Journal of Quality & Reliability Management, vol. 12 no. 2
Type: Research Article
ISSN: 0265-671X

Keywords

Article
Publication date: 12 March 2018

Wei Sun, Xiaokai Mu, Qingchao Sun, Zhiyong Sun and Xiaobang Wang

This paper aims to comprehensively achieve the requirements of high assembly precision and low cost, a precision-cost model of assembly based on three-dimensional (3D) tolerance…

Abstract

Purpose

This paper aims to comprehensively achieve the requirements of high assembly precision and low cost, a precision-cost model of assembly based on three-dimensional (3D) tolerance is established in this paper.

Design/methodology/approach

The assembly precision is related to the tolerance of parts and the deformation of matching surfaces under load. In this paper, the small displacement torsor (SDT) theory is first utilized to analyze the manufacturing tolerances of parts and the assembly deformation deviation of matching surface. In the meanwhile, the extracting method of SDT parameters is proposed and the assembly precision calculation model based on the 3D tolerance is established. Second, an integrated optimization model based on the machining cost, assembly cost (mapping the deviation domain to the SDT domain) and quality loss cost is built. Finally, the practicability of the precision-cost model is verified by optimizing the horizontal machining center.

Findings

The assembly deviation has a great influence on cost fluctuation. By setting the optimization objective to maximize the assembly precision, the optimal total cost is CNY 72.77, decreasing by 16.83 per cent from the initial value, which meets economical requirements. Meanwhile, the upper bound of each processing tolerance is close to the maximum value of 0.01 mm, indicating that the load deformation can be offset by appropriately increasing the upper bound of the tolerance, but it is necessary to strictly restrict the manufacturing tolerances of lower parts in a reasonable range.

Originality/value

In this paper, a 3D deviation precision-cost model of assembly is established, which can describe the assembly precision more accurately and achieve a lower cost compared with the assembly precision model based on rigid parts.

Details

Assembly Automation, vol. 38 no. 4
Type: Research Article
ISSN: 0144-5154

Keywords

Article
Publication date: 29 July 2018

Max Schreder

This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the…

Abstract

This paper provides a quantitative review of the literature on the repercussions of idiosyncratic information on firms’ cost of equity (CoE) capital. In total, I review the results of 113 unique studies examining the CoE effects of information Quantity, Precision and Asymmetry. My results suggest that the association between firm-specific information and CoE is subject to moderate effects. First, the link between Quantity and CoE is moderated by disclosure types and country-level factors in that firms in comparatively weakly regulated countries tend to enjoy up to four times greater CoE benefits from more expansive disclosure—depending on the type of disclosure—than firms in strongly regulated markets. Second, a negative relationship between Precision and CoE is only significant in studies using non-accrual quality proxies for Precision and risk factor-based (RFB)/valuation model-based (VMB) proxies for CoE. Third, almost all VMB studies confirm the positive association between Asymmetry and CoE, but there is notable variation in the conclusions reached when ex post CoE measurers are used.

Details

Journal of Accounting Literature, vol. 41 no. 1
Type: Research Article
ISSN: 0737-4607

Keywords

1 – 10 of over 30000