During the past five decades, there have been tremendous efforts to offer different methods for portfolio management. The primary objective of many of these methods is to provide a trade-off between risk and reward. The proposed study of this paper uses analytical hierarchy process (AHP) and grey relational analysis to offer a method for portfolio management. The proposed method of this paper uses a statistical sample consists of 16 firms whose shares were trading during the fiscal year of 2010 on Tehran Stock Exchange. The study uses AHP and gray relational analysis to assign weight to each firm. We also use a linear programming technique to model the resulted problem by considering some realistic constraints.

Ranking various alternatives has been under investigation and there are literally various methods and techniques for making a decision based on various criteria. One of the primary concerns on ranking methodologies such as analytical hierarchy process (AHP) is that decision makers cannot express his/her feeling in crisp form. Therefore, we need to use linguistic terms to receive the relative weights for comparing various alternatives. In this paper, we discuss ranking different alternatives based on the implementation of preference relation matrix based on intuitionistic fuzzy sets.

Fracture phenomenon in orthotropic materials, generally associates with region called, “damaged zone” in crack tip vicinity. In quasi-brittle materials, this area is known as fracture process zone (FPZ). This area contains a multitude of microcracks, which cause difficulties in analytical process of the region. Also, energy waste in damaged zone can affect the material fracture properties. The characteristics of damaged zone should be considered to figure out the residual strength of composite materials. It also can help to predict the value or even the direction of crack growth of orthotropic materials. So far, several efforts have been made to determine the mechanical properties of this region, but none of them (due to the immense complexity of this region) can express the behavior of this region properly. Moreover, previous approach has not been verified by new experimental and numerical results, yet. In the present study, a new approach “damaged zone simulation (DZS)” is proposed based on the experimental and numerical data, for investigating the orthotropic damaged zone properties. Comparison with existing analytical data shows the capabilities of the presented approach.

In today’s competitive business environment, companies strive to increase their market shares. All companies clearly understand that they have to reach this goal by implementing cost effective methods and increase profits as much as possible. The cost of purchasing raw materials and component parts are significant portion of products in most manufacturing firms. Supplier selection and evaluation have been widely recognized to be one of the most substantial issues on material purchasing. In order to choose reliable suppliers it is necessary to have a trade-off between some tangible and intangible factors where some of them are in serious conflict. In this paper, an integrated technique of analytical network process improved by VIKOR and fuzzy sets theory and multi-objective mixed integer nonlinear programming is proposed to determine the appropriate suppliers. The proposed model of this paper also determines the order quantity allocated to each supplier in the case of multiple sourcing, multiple products and multi-period time horizon for an Iranian cable company.

This paper presents a perfect analytical solution of the hyperbolic asymmetric heat conduction equation and the related thermal displacement equation within a long hollow cylinder (plain strain condition) exposed to a harmonic boundary condition. The material is assumed to be homogeneous and isotropic with temperature-independent thermal properties. The standard method of separation of variables is used for solving the problem with time-independent boundary conditions and the Duhamel integral is used for applying the time-dependency. The results show the wave behavior of Non-Fourier thermal stresses and higher oscillation amplitude in comparison with Fourier one. The developed analytic answer can be applied for modeling cylindrical shell of nuclear rod and can be applied as a benchmark to validate the other numerical solutions.

Globalization, intensification of governmental and non-governmental organization & apos; s provisions and squeeze and the demand of clients about concerning environmental affairs have motivated many organizations to start considering Green Supply Chain management in order to facilitate environmental and economic functions. Administration of green supply chain management unifies the management of supply chain with environment requirements during the functioning of levels of supply chain. This paper aims to identify green supply change management & apos; s factors in order to facilitate implementation of green supply chain management in rail industry. Thus, the effective factors of green supply chain management establishment are extracted and the method of interactions between sub-scales is studied by DEMATEL technique. The result specifies that reduction of production loss sub-scale is the most effective factor on other agents. In addition, the effective elements peered out by fuzzy TOPSIS that the scale of loss management stands on the first ranking and improvement of production process and interior environment management scales stand on the second and the third level and other scales follow them.

This paper presents a hybrid method for detecting the most important failure items as well as the most effective alternative strategy to cope with possible events. The proposed model of this paper uses grey technique to rank various alternatives and FMEA technique to find important faults. The implementation of the proposed method has been illustrated for an existing example on the literature. The results of this method show that the proposed model has been capable of detecting the most trouble making problems with fuzzy logic and finds the most important solution strategy using FMEA technique.

Laser forming is a modern metal forming method in which no mechanical force is needed. In this paper, numerical and experimental approaches to this phenomenon on were conducted. Numerical method comprised of couple heat-displacement. In it, heat flux distribution of laser beam was applied on the steel layer in Gaussian form and by using subroutine code writing procedure. Experimental tests were conducted by using Nd: YAG laser with maximum power of 300 watts and on a bi-layer Fe/Al work piece. The result of bending angle at different laser power ranges indicated that bending angle increases occur as this parameter is increased.

Measuring the relative performance of universities play important role on better educational planning. During the past few years, balanced scorecard (BSC) has become popular among researchers as a technique for measuring the performance of business units. This method studies a particular firm in terms of four different perspectives including internal processes, learning and growth, customer and financial figures. One primary concern on using such method is that this method does not consider the relative importance of these components. In this paper, we present a hybrid of BSC with analytical network process to measure the relative performance of an educational unit in Iran.

In this paper, an analytical method is proposed for calculation of natural frequencies of a delaminated composite beam from both free and constrained mode frequencies. In previous studies, the frequencies of a delaminated composite beam were computed with assumption of occurring open or close delamination during the vibration. According to this assumption, two separated modes, i.e., “free mode” and “constrained mode”, are occurred in vibration of the delaminated beam. In fact, a delamination may breathe (open and close) during the vibration and the assumptions of the free or constrained mode models are not completely correct in the whole of the vibration period. For this reason, a new formulation is proposed for calculation of natural frequencies based on the breathing of delamination. The obtained results are compared with various theoretical and experimental results available in the literature. Thus, the effects of location and size of delamination can be investigated on the natural frequencies of delaminated beams.