• Title/Summary/Keyword: Baseline Analysis

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Coronavirus 'COVID-19' - Supply Chain Disruption and Implications for Strategy, Economy, and Management

  • AL-MANSOUR, Jarrah F.;AL-AJMI, Sanad A.
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.659-672
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    • 2020
  • The outbreak of a recent strain of Coronavirus, known as 'COVID-19', has spread sharply from China across the globe, resulting in a dramatic recession in the global economy. This uncertainty has therefore negatively influenced the business perspective and the various formulated strategies that may not considered such [extreme] circumstances. Using baseline analysis and archival data, this paper reports some of the major implications of COVID-19 on global business and strategy and puts forward suggested research agenda as potential future directions for organizations. In order to survive and remain sustainable, this paper argues that businesses need to revisit their strategies during current COVID-19 crises from three perspectives, including supporting human resources financial commitment, forming cross-functional teams and connecting with their supply chains, as well as investing in corporate social responsibility and doubling down efforts with regard to partnerships. The study also represents a preliminary analysis to the implications of COVID-19 on the business and strategies across the globe and is considered the first such in the field of business, as to date all research papers on COVID-19 have been published in medical-related journals. Directions for future research are also proposed at the end of this study.

An Analysis of the Impact of US Beef Import Tariff Rate Changes on the Korean Beef Cattle Market (미국산 쇠고기 수입관세율 변화가 한육우 시장에 미치는 영향분석)

  • Kim, Da-Hae;Kim, In-Seck
    • Korean Journal of Organic Agriculture
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    • v.28 no.1
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    • pp.31-57
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    • 2020
  • Korea-US FTA amendment became effective January 1, 2019 through several trade negotiations between the two countries. These amendments did not include changes in the agricultural sector. However, given the policy direction of the Trump administration, it is difficult to be certain that the existing Korea-US FTA on the agricultural sector will remain unchanged. This study examines the potential impact of changes in the US beef import tariff rates under the Korea-US FTA, which is progressively eliminated until 2026 using a dynamic partial equilibrium model. The modelling system is simulated with 100% decreases of tariff rates over 2020~2026 period and then compared to the baseline which is developed based on the current Korea-US FTA tariff rates. According to the scenario analyses results, 100% decreases of US beef tariff rate lowered Korean beef cattle production value up to 4.23%. Looking at this change in terms of absolute value rather than percentage, the total production value over 2020~2026 is expected to decrease by 815 billion won compared to Baseline. This reduction in production value in dynamic analysis is 67 billion won higher than the comparative static analysis.

Flutter study of flapwise bend-twist coupled composite wind turbine blades

  • Farsadi, Touraj;Kayran, Altan
    • Wind and Structures
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    • v.32 no.3
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    • pp.267-281
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    • 2021
  • Bending-twisting coupling induced in big composite wind turbine blades is one of the passive control mechanisms which is exploited to mitigate loads incurred due to deformation of the blades. In the present study, flutter characteristics of bend-twist coupled blades, designed for load alleviation in wind turbine systems, are investigated by time-domain analysis. For this purpose, a baseline full GFRP blade, a bend-twist coupled full GFRP blade, and a hybrid GFRP and CFRP bend-twist coupled blade is designed for load reduction purpose for a 5 MW wind turbine model that is set up in the wind turbine multi-body dynamic code PHATAS. For the study of flutter characteristics of the blades, an over-speed analysis of the wind turbine system is performed without using any blade control and applying slowly increasing wind velocity. A detailed procedure of obtaining the flutter wind and rotational speeds from the time responses of the rotational speed of the rotor, flapwise and torsional deformation of the blade tip, and angle of attack and lift coefficient of the tip section of the blade is explained. Results show that flutter wind and rotational speeds of bend-twist coupled blades are lower than the flutter wind and rotational speeds of the baseline blade mainly due to the kinematic coupling between the bending and torsional deformation in bend-twist coupled blades.

Analysis of Repeated Measured VAS in a Clinical Trial for Evaluating a New NSAID with GEE Method (퇴행성 관절염 환자를 대상으로 새로운 진통제 평가를 위한 임상시험자료의 GEE 분석)

  • Lim, Hoi-Jeong;Kim, Yoon-I;Jung, Young-Bok;Seong, Sang-Cheol;Ahn, Jin-Hwan;Roh, Kwon-Jae;Kim, Jung-Man;Park, Byung-Joo
    • Journal of Preventive Medicine and Public Health
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    • v.37 no.4
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    • pp.381-389
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    • 2004
  • Objective : To compare the efficacy between SKI306X and Diclofenac by using generalized estimating equations (GEE) methodology in the analysis of correlated bivariate binary outcome data in Osteoarthritis (OA) diseases. Methods : A randomized, double-blind, active comparator-controlled, non-inferiority clinical trial was conducted at 5 institutions in Korea with the random assignment of 248 patients aged 35 to 75 years old with OA of the knee and clinical evidence of OA. Patients were enrolled in this study if they had at least moderate pain in the affected knee joint and a score larger than 35mm as assessed by VAS (Visual Analog Scale). The main exposure variable was treatment (SKI 306X vs. Diclofenac) and other covariates were age, sex, BMI, baseline VAS, center, operation history (Yes/No), NSAIDS (Y/N), acupuncture (Y/N), herbal medicine (Y/N), past history of musculoskeletal disease (Y/N), and previous therapy related with OA (Y/N). The main study outcome was the change of VAS pain scores from baseline to the 2nd and 4th weeks after treatment. Pain scores were obtained as baseline, 2nd and 4th weeks after treatment. We applied GEE approach with empirical covariance matrix and independent(or exchangeable) working correlation matrix to evaluate the relation of several risk factors to the change of VAS pain scores with correlated binary bivariate outcomes. Results : While baseline VAS, age, and acupuncture variables had protective effects for reducing the OA pain, its treatment (Joins/Diclofenac) was not statistically significant through GEE methodology (ITT:aOR=1.37, 95% CI=(0.8200, 2.26), PP:aOR=1.47, 95% CI=(0.73, 2.95)). The goodness-of-fit statistic for GEE (6.55, p=0.68) was computed to assess the adequacy of the fitted final model. Conclusions : Both ANCOVA and GEE methods yielded non statistical significance in the evaluation of non-inferiority of the efficacy between SKI306X and Diclofenac. While VAS outcome for each visit was applied in GEE, only VAS outcome for the fourth visit was applied in ANCOVA. So the GEE methodology is more accurate for the analysis of correlated outcomes.

Analysis of Measurement Errors Using Short-Baseline GPS Positioning Model (단기선 GPS측위 모델을 이용한 관측오차 분석)

  • Hong, Chang-Ki;Han, Soohee
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.35 no.6
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    • pp.573-580
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    • 2017
  • Precise stochastic modeling for GPS measurements is one of key factors in adjustment computations for GPS positioning. To analyze the GPS measurement errors, Minimum Norm Quadratic Unbiased Estimators(MINQUE) approach is used in this study to estimate the variance components for measurement types with short-baseline GPS positioning model. The results showed the magnitudes of measurement errors for C1, P2, L1, L2 are 22.3cm, 27.6cm, 2.5mm, 2.2mm, respectively. To reduce the memory usage and computational burden, variance components are also estimated on epoch-by-epoch basis. The results showed that there exists slight differences between the solutions. However, epoch-by-epoch analysis may also be used for most of GPS applications considering the magnitudes of the differences.

Climate and Land use Changes Impacts on Hydrology in a Rural Small Watershed (장래 기후변화와 토지이용 변화에 따른 농촌소유역의 수문 영향 분석)

  • Kim, Hak-Kwan;Kang, Moon-Seong;Lee, Eun-Jeong;Park, Seung-Woo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.53 no.6
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    • pp.75-84
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    • 2011
  • The objective of this study is to evaluate the hydrologic impacts of climate and land use changes in a rural small watershed. HadCM3 (Hadley Centre Coupled Model, ver.3) A2 scenario and LARS-WG (Long Ashton Research Station - Weather Generator) were used to generate future climatic data. Future land use data were also generated by the CA-Markov (Cellular Automata-Markov) method. The Soil and Water Assessment Tool (SWAT) model was used to evaluate hydrologic impacts. The SWAT model was calibrated and validated with stream flow measured at the Baran watershed in Korea. The SWAT model simulation results agreed well with observed values during the calibration and validation periods. In this study, hydrologic impacts were analyzed according to three scenarios: future climate change (Scenario I), future land use change (Scenario II), and both future climate and land use changes (Scenario III). For Scenario I, the comparison results between a 30-year baseline period (1997~2004) and a future 30-year period (2011~2040) indicated that the total runoff, surface runoff, lateral subsurface runoff, groundwater discharge, and evapotranspiration increased as precipitation and temperature for the future 30-year period increased. The monthly variation analysis results showed that the monthly runoff for all months except September increased compared to the baseline period. For Scenario II, both the total and surface runoff increased as the built-up area, including the impervious surface, increased, while the groundwater discharge and evapotranspiration decreased. The monthly variation analysis results indicated that the total runoff increased in the summer season, when the precipitation was concentrated. In Scenario III, the results showed a similar trend to that of Scenario II. The monthly runoff for all months except October increased compared to the baseline period.

Application of Concurrent Engineering for Conceptual design of a Future Main Battle Tank (차세대 주력전차의 개념설계를 위한 동시공학의 적용)

  • 김진우;소한균
    • Journal of the Korea Institute of Military Science and Technology
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    • v.2 no.1
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    • pp.38-60
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    • 1999
  • The main objective of this study is systemization of the technique of ROC quantification and optimization of baseline design by applying CE principle to the acquisition process of a weapon system. QFD and TOA techniques can be employed to a good working example of the conceptual design of a future main battle tank. In this paper, Product Planning Phase, the first phase of four QFD phases, is deployed in terms of eight steps including customer requirements and final product control characteristics. TOA is carried out considering only combat weight. In order to perform combat weight analysis and performance TOA, Preliminary Configuration Synthesis Methodology is used. Preliminary Configuration Synthesis Methodology employs the method of least squares and described linear equations of weight interrelation equation for each component of tank. As a result of QFD based upon the ROC, it was cleared that armor piercing power, main armament, type of ammunition, cruising range, combat weight, armor protection, power loading, threat detection and cost are primary factors influencing design and that combat weight is the most dominant one. The results of TOA based on the combat weight constraint show that 5100 lb reduction was required to satisfy the ROC. The baseline design of a future main battle tank is illustrated with assumption that all phases of QFD are employed to development and production process of subsystems, components, and parts of main battle tank. TOA is applied in iterative process between initial baseline design and ROC. The detailed design of each component is illustrated for a future main battle tank.

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Emotion Recognition using Facial Thermal Images

  • Eom, Jin-Sup;Sohn, Jin-Hun
    • Journal of the Ergonomics Society of Korea
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    • v.31 no.3
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    • pp.427-435
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    • 2012
  • The aim of this study is to investigate facial temperature changes induced by facial expression and emotional state in order to recognize a persons emotion using facial thermal images. Background: Facial thermal images have two advantages compared to visual images. Firstly, facial temperature measured by thermal camera does not depend on skin color, darkness, and lighting condition. Secondly, facial thermal images are changed not only by facial expression but also emotional state. To our knowledge, there is no study to concurrently investigate these two sources of facial temperature changes. Method: 231 students participated in the experiment. Four kinds of stimuli inducing anger, fear, boredom, and neutral were presented to participants and the facial temperatures were measured by an infrared camera. Each stimulus consisted of baseline and emotion period. Baseline period lasted during 1min and emotion period 1~3min. In the data analysis, the temperature differences between the baseline and emotion state were analyzed. Eyes, mouth, and glabella were selected for facial expression features, and forehead, nose, cheeks were selected for emotional state features. Results: The temperatures of eyes, mouth, glanella, forehead, and nose area were significantly decreased during the emotional experience and the changes were significantly different by the kind of emotion. The result of linear discriminant analysis for emotion recognition showed that the correct classification percentage in four emotions was 62.7% when using both facial expression features and emotional state features. The accuracy was slightly but significantly decreased at 56.7% when using only facial expression features, and the accuracy was 40.2% when using only emotional state features. Conclusion: Facial expression features are essential in emotion recognition, but emotion state features are also important to classify the emotion. Application: The results of this study can be applied to human-computer interaction system in the work places or the automobiles.

The Clinical Effect of Oxiracetam in Patients with Organic Brain Syndrome-Double Blind, Placebo-Controlled Study (기질성 뇌증후군에서 Oxiracetam의 임상적 효과에 대한 이중맹검 대조연구)

  • 이병철;권기한;권기한;송홍기;김성민;유경호;이현미;강경수;윤여훈
    • YAKHAK HOEJI
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    • v.37 no.5
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    • pp.442-452
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    • 1993
  • Previous experimental and clinical investigations suggest a possible role of new nootropic drug, oxiracetam, in improving cognitive performances in patients affected by organic brain syndrome. In this study, the cognitive and behavioral effects of oxiracetam treatment in patients with clinical symptoms of organic brain syndrome were evaluated. Sixty-six patients were enrolled and assigned to either oxiracetam or placebo, according to a randomized, double-blind design between two patient-groups. Either oxiracetam or placebo was orally given bid for 8 weeks ; daily dose of oxiracetam was 1600mg. All the patients, enrolled in this study, were diagnosed as having mild to moderate cognitive dysfunction as defined by a baseline Mini Mental State ExaminationKorean version (MMSE-K) score between 14 and 25. The patients under-went, at baseline, 4 weeks and 8 weeks after, routine laboratory study (CBC, SMA12, U/A, EKG) and the following neuropsychological tests ; MMSE-K, modified Korean Wechsler Intelligence Scale(MKWIS), Nurses' Observation Scale for Geriatric patients(NOSGER). Fifteen patients of whom were dropped out or excluded from the analysis because of poor compliance or violation of the protocol. Fiftyone patients (aged 54~78 years, male 25, female 26) were analyzed (vascular dementia, 30 ; senile dementia of Alzheimer type, 9 ; mixed type, 5 ; other cause, 7). Statistical analysis of the data demonstrated that the two groups were comparable at baseline. At the end of each study period the oxiracetam group scored significantly better on the majority of the tests evaluating cognitive function, psychometricity and the improvement rating scale of subjective symptoms than placebo group, in which worsening trends or no changes were seen on the whole. No side effects were noted during oxiracetam treatment. The present study, showing positive clinical findings after oxiracetam therapy, confirmed that this drug can be useful pharmacological treatment in organic brain syndrome.

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Risk of Fracture Prevalence and Glycemic Control in Korean Older and Middle-aged Patients with Diabetes: A Retrospective Analysis of a Cohort Derived from the Korean National Health Insurance Sharing Service Database, 2009-2013 (노인과 중년 당뇨병 환자의 골절의 발생 빈도 위험과 혈당조절의 관계)

  • Sin, Hye Yeon
    • Korean Journal of Clinical Pharmacy
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    • v.28 no.3
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    • pp.194-203
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    • 2018
  • Background: Bone fractures are high in elderly patients with type 2 diabetes mellitus (T2DM). Hyperglycemia and chronic kidney disease may increase the risk of fracture prevalence via altered bone metabolism, but whether glycemic control and kidney function are associated with the risk of fracture prevalence remains unclear. This study evaluated the relationship between glycemic control and baseline estimated glomerular filtration rate (eGFR) and risk of fracture prevalence in older and middle-aged patients with T2DM. Methods: Patients who underwent a general medical check-up between 2009 and 2013 were selected from the Korean National Health Insurance Sharing Service records. Chi-square test and multiple logistic regression analysis were used to assess the relationship between glycemic control and eGFR and risk of fracture prevalence. Results: Cumulative fracture prevalence were higher in patients with T2DM, irrespective of whether they had tight or less stringent glycemic control (fasting blood glucose [FBG] ${\geq}110mg/dL$). After adjustment for baseline age and FBG, tight and less stringent glycemic control was significantly associated with increased adjusted risk of fracture prevalence in middle-aged patients with T2DM (OR=1.13, 95% CI, 1.05-1.21, p=0.0005 vs OR=1.13, 95% CI, 1.06-1.20, p=0.0001), but not in older patients. Baseline eGFR was not significantly related to fracture prevalence in either older or middle-aged patients. Conclusion: Less stringent glycemic control significantly increased the adjusted risk of fracture prevalence in middle-aged patients with T2DM. Further studies are needed to confirm the effect of tight glycemic control on fracture prevalence.