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Taichao Wang, Xin Li, Fengming Liu, Lijun Zhang, Haojun Xie and Yuting Bai
The discrete fracture model (DFM) and the embedded discrete fracture model (EDFM) are both the most widely used methods to simulate fractured wells? production. In general, DFM represents fractures using an unstructured grid, and EDFM represents fracture...
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Levente Fazekas, Boldizsár Tüu-Szabó, László T. Kóczy, Olivér Hornyák and Károly Nehéz
Flow-shop scheduling problems are classic examples of multi-resource and multi-operation scheduling problems where the objective is to minimize the makespan. Because of the high complexity and intractability of the problem, apart from some exceptional ca...
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Manlio Gaudioso, Sona Taheri, Adil M. Bagirov and Napsu Karmitsa
The Bundle Enrichment Method (BEM-DC) is introduced for solving nonsmooth difference of convex (DC) programming problems. The novelty of the method consists of the dynamic management of the bundle. More specifically, a DC model, being the difference of t...
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Szabolcs Deák, Paul Levine, Joseph Pearlman and Bo Yang
We construct a New Keynesian (NK) behavioural macroeconomic model with bounded-rationality (BR) and heterogeneous agents. We solve and simulate the model using a third-order approximation for a given policy and evaluate its properties using this solution...
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Guiting Chen, Zhenming Peng and Yalin Li
Solving a scalar wave equation by the finite-difference (FD) method is a key step for advanced seismic imaging, in which the numerical accuracy is significantly affected by the FD stencil. High-order spatial and temporal approximations of the FD stencil ...
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