In order to solve the problem of highway standardization management ability description, evaluation and improvement, in this paper, a highway standardization management maturity evaluation model has firstly been put forward. Moreover, the influence highway qualitative factors of implementing the standardized management have analyzed and its evaluation index system has constructed. Furthermore, ...

We study the behavior of the critical price of an American put option near maturity in the jump diffusion model when the underlying stock pays dividends at a continuous rate and the limit of the critical price is smaller than the stock price. In particular, we prove that, unlike the case where the limit is equal to the strike price, jumps can influence the convergence rate.

An alternative technique for the geometric test of machining centres was developed, to congregate metrological reliability with operational and economical advantages, when comparing to methods classically used for such task. A touch probe is used on a 3-axis vertical machine center to check against artifacts calibrated on a coordinate measuring machine (CMM). By comparing the results obtained f...

There is only one way for the maritime cluster in Finland to survive. It has to be ready to respond rapidly to changes from the outside world. In order to prepare for the future, design companies and engineering consultants in the marine sector have to assess their current collaboration competence and continuously invest in increasing their engineering capability. It is becoming increasingly im...

Business-IT alignment can be achieved at various levels of maturity. Supposing that an organization has tried to achieve business-IT alignment, a question to face is: how is that organization going to know the level of maturity of its alignment situation in order to plan future ways of action? That organization will need a guide for determining the maturity of its business-IT alignment, and for...

IT governance (ITG) provides a toolbox for companies to realize maximum value from IT. Firms implement ITG via frameworks, such as COBIT or VALIT, which list processes to align business and IT strategies, deliver IT services and comply with regulations. While there exists evidence that companies with mature ITG processes outperform their competitors and that signaling ITG maturity to external s...