An optimal design of collateralized mortgage obligation with PAC-companion structure using dynamic cash reserve

This paper presents a model for optimally designing a collateralized mortgage obligation (CMO) with a planned amortization class (PAC)-companion structure using dynamic cash reserve. In this structure, the mortgage pool’s cash flow is allocated by rule to the two bond classes such that PAC bondholders receive substantial prepayment protection, that protection being provided by the companion bondholders. The structure we propose provides greater protection to the PAC bondholders than current structures during periods of rising interest rates when this class of bondholders faces greater extension risk. We do so by allowing a portion of the cash flow from the collateral to be reserved to meet the PAC’s scheduled cash flow in subsequent periods. The greater protection is provided by the companion bondholders exposure to interest loss. To tackle this problem, we transform the problem of designing the optimal PAC-companion structure into a standard stochastic linear programming problem which can be solved efficiently. Moreover, we present an extended model by considering the quality of the companion bond and by relaxing the PAC bondholder shortfall constraint. Based on numerical experiments through Monte Carlo simulation, we show the utility of the proposed model.     

高温高密度Z-pinch等离子体自适应式平面丝阵负载制备技术研究

 在Z-pinch实验中，加速器两电极间距会因抽真空而发生改变从而导致平面丝阵负载的丝分布发生变化，为了解决这个问题，采用弹簧预压缩的方法，制备出了平面丝阵负载，经实验室模拟检测和物理实验的实际应用证明，平面丝阵负载不但能适应电极方向呈任何方向放置的靶室，还能自动适应靶室电极间距因抽真空而发生的变化。在实验过程中丝阵可以保持绷紧的状态，满足了物理实验的要求。     

不可微泛函拟极小问题解的Hlder连续性

不可微泛函拟极小问题解的Ｈｏｌｄｅｒ连续性于鸣岐，闵泰山（山西大学数学系，太原０３０００６）（北京轻工业学院，１０００３７）金霁（河北工学院，天津３００１３０）１９９２年１１月２７日收到．设Ｇ是ｎ维欧氏空间Ｅｎ中的有界区域，在上定义，对固定的ｘ关于为...     

回旋管输出窗热性质的研究

一、引 言 输出窗是回旋管的能量输出端口,它的特性直接影响到回旋管的性能和寿命。输出窗的设计包括电特性和热特性的研究。当输出功率增加时,热特性的研究变得非常重要以便寻求合理有效的冷却措施。 输出窗由波导和介质片(块)两部分组成。回旋管的输出波导是圆波导,介质一般做成     

HL—1装置等离子体密度反馈实验

本文叙述HL-1装置用反馈脉冲补充送气方式控制等离子体密度的方法及实验结果。给出了在固有的物理实验条件下的最佳反馈方式,实现了对密度的有效控制及反馈。讨论了在不同密度条件下的几种反馈方式及反馈系统尚存在的不足之处。     

[VS_4Cu_6(Py)_8I_3]的合成和晶体结构

在(NH4)3VS4/CuI/Py反应体系中合成了新化合物 [VS4Cu6(Py)8I3]并测定其晶体结构。该化合物(C40H40N8Cu6I3S4V)属正交晶系, 空间群为Fdd2, 晶胞参数为: a = 29.924(6), b = 13.475(3), c = 25.853(5) , V = 10425(4) ?, Dc = 2.006 g/cm3, Mr = 1573.92, Z = 8, (MoK) = 4.546 mm-1, F(000) = 6048。结构由直接法解出, 用全矩阵最小二乘法修正, 最终偏离因子R = 0.023, wR = 0.069。簇合物分子是由6个带端基配体的Cu沿着四面体单元VS4的6条SS边配位而成, 6个Cu排列成了1个八面体, V基本位于八面体的中心, 整个分子具有C2对称性。     

逆序数的应用

本文通过“1 4-1 5”智力玩具和最优戴断切割问题两个实例 ,讨论了逆序数在解决实际问题中的应用     

用紧耦合方法研究C4+和O6+与He原子碰撞

用双中心原子轨道紧耦合方法计算了C4+-He以及O6+-He碰撞的单俘获总截面,入射离子的能量范围为10～100keV/amu,所得计算结果在实验误差范围内与实验值很好符合.对满壳层入射离子,研究了单俘获截面随入射离子电荷态的变化,并讨论了原子轨道展开波函数数目对计算结果的影响.p     

Analyzing the effect of the inventory policy on order and inventory variability with linear control theory

In this paper we apply linear control theory to study the effect of various inventory policies on order and inventory variability, which are key drivers of supply chain performance. In particular, we study a two-echelon supply chain with a stationary demand pattern under the influence of three inventory policies: an inventory-on-hand policy that bases orders on the visible inventory at an installation, an installation-stock policy that bases orders on the inventory position (on-hand plus on-order inventory) at an installation, and an echelon-stock policy that bases orders on the inventory position at that installation and all downstream installations. We prove analytically that the inventory-on-hand policy is unstable in practical settings, confirming analytically what has been observed in experimental settings and in practice. We also prove that the installation-stock and echelon-stock policies are stable and analyze their effect on order and inventory fluctuation. Specifically, we show the general superiority of the echelon-stock in our setting and demonstrate analytically the effect of forecasting parameters on order and inventory fluctuations, confirming the results in other research.     

混合方次的Waring——Goldbach问题

研究混合方次的Waring--Goldbach