• Title/Summary/Keyword: Composite Index

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Estimating the Determinants for employment number by areas : A Panel Data Model Approach (패널 데이터모형을 이용한 지역별 취업자 수 결정요인 추정에 관한 연구)

  • Yi, Hyun Joo;Kim, Hee Cheul
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.4
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    • pp.297-305
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    • 2010
  • Employment number by areas is composed of various factors for groups and time series. In this paper, we use the panel data for finding various variables and using this, we analyzed the factors that is major influence to employment number by areas. For analysis we looked at employment number by areas, the region for analysis consist of seven groups, that is, the metropolitan city(such as Busan, Daegu, Incheon, Gwangiu, Daejeon, Ulsan.) and Seoul. Analyzing period be formed over a 63 time points(2005.01.- 2010.03). We examined the data in relation to the employment number by occupational job, unemployment rate, monthly household income, preceding business composite index, consumer price index, composite stock price index. In looking at the factors which determine employment number by areas job, evidence was produced supporting the hypothesis that there is a significant negative relationship between unemployment rate and monthly household income the consumer price index. The consumer price index and composite stock price index are significant positive relationship, preceding business composite index is positive relationship, it are not significant variables in terms of employment number by areas job.

Shape Optimization of Three-Dimensional Cutouts in Laminated Composite Plates (삼차원 적층복합재 구멍의 형상 최적화)

  • 한석영;마영준
    • Proceedings of the Korean Society of Machine Tool Engineers Conference
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    • 2004.04a
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    • pp.275-280
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    • 2004
  • Shape optimization was performed to obtain the precise shape of cutouts including the internal shape of cutouts in laminated composite plates by three dimensional modeling using solid element. The volume control of the growth-strain method was implemented and the distributed parameter chosen as Tsai-Hill fracture index for shape optimization. The volume control of the growth-strain method makes Tsai-Hill failure index at each element uniform in laminated composites under the initial volume. Then shapes optimized by Tsai-Hill failure index were compared with those of the initial shapes for the various load conditions and cutouts. The following conclusions were obtained in this study. (1) It was found that growth-strain method was applied efficiently to shape optimization of three dimensional cutouts in a laminate composite, (2) The optimal shapes of the various load conditions and cutouts were obtained, (3) The maximum Tsal-Hill failure index was reduced up to 67% when shape optimization was peformed under the initial volume by volume control of growth-strain method.

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The Impact of Investor Sentiment on Energy and Stock Markets-Evidence : China and Hong Kong

  • Ho, Liang-Chun
    • Journal of Distribution Science
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    • v.12 no.3
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    • pp.75-83
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    • 2014
  • Purpose - The oil price affects company value, which is the present value of the expected cash flow, by affecting the discount rate and cash flow. This study examines the nonlinear relationships between oil price and stock price using the AlphaShares Chinese Volatility Index as the threshold. Research design, data, and methodology - Data comprise daily closing values of the Shanghai Stock Exchange Composite Index, Shenzhen Stock Exchange Composite Index, and Hang Seng Index of ChinaWest Texas Intermediate crude oil spot price and AlphaShares Chinese Volatility Index from May 25, 2007 to May 24, 2012. The Threshold Error Correction Model is used. Results - The results demonstrate different relationships between the stock price index and oil price under different investor sentiments; however, the stock price index and oil price could adjust to a long-term equilibrium the long-term causality tests between them were all significant. Conclusions - The relationship between the WTI and HANG SENG Index is more significant than the Shanghai Composites Index and Shenzhen Composite Index, when using the AlphaShares Chinese Volatility Index (ASC-VIX) as the investor sentiment variable and threshold.

A Study on Strength of the Machined Composite Key Joint (기계 가공된 복합재료 키 조인트의 강도 연구)

  • Jeong, Kang-Woo;Park, Yong-Bin;Choi, Jin-Ho;Kweon, Jin-Hwe
    • Composites Research
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    • v.25 no.2
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    • pp.40-45
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    • 2012
  • The comparison of the numerical results with those measured by the experiment showed good agreement. The design of composite joint which is the weakest part in the composite structures has become a very important research area since the composite materials are widely used in the aircraft and machine structure. In this paper, the new composite key joints that minimize the fiber discontinuity and strength degradation of adherend were proposed and their failure loads were evaluated. The failure index and damage area method were used for the failure prediction of the composite key joint. From the tests, the failure load of the composite key joint was 93% larger than that of a mechanical joint and the key joint whose slot depth and edge length were 0.88mm and 20mm had the largest failure load. Also, the analytic failure modes by the failure index and damage area were compared with experimental failure modes.

A Constructing the Composite Index using Unobserved Component Model and its Application (비관측요인모형을 이용한 종합지표 작성 및 적용)

  • Kang, Gi-Choon;Kim, Myung-Jig
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.1
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    • pp.220-227
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    • 2014
  • This paper introduces and applies the World Bank's methodology for constructing composite index or aggregating indicators. After recalculating the world competitiveness index of IMD using Unobserved Component Model(UCM) we compare it with the existing index and try to find some implications. We also try to construct the composite index for measuring the performance of local finance. We employ the Principal Component Analysis(PCA) for validating the appropriateness of selected indicators used in making the composite index. We found that the UCM and PCA are very useful and will be used widely in various evaluations such as regional development, local finance, local competitiveness and public enterprise, etc.

A study on the strength of mechanically fastened composite joint using the linear analysis (선형해석을 이용한 복합재료 기계적 체결부의 강도평가에 관한 연구)

  • Chun, Young-Jun;Choi, Jin-Ho;Kweon, Jin-Hwe;Lee, Sang-Chan
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.32 no.9
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    • pp.49-56
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    • 2004
  • With the wide application of fiber-reinforced composite material in aero-structures and mechanical parts, the design of composite joint have become a very important research area because they are often the weakest areas in composite structures. In this paper, the linear finite element analyses in which the pin of the composite joint was assumed to be the frictionless rigid body were performed and predict the strength of the mechanically fastened composite joint using the failure area index method. By the failure area index method, the strength of the mechanically fastened composite joint which has the specimen of different shape, hole size and stacking sequence could be predicted within 12.2%.

Delamination identification of laminated composite plates using measured mode shapes

  • Xu, Yongfeng;Chen, Da-Ming;Zhu, Weidong;Li, Guoyi;Chattopadhyay, Aditi
    • Smart Structures and Systems
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    • v.23 no.2
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    • pp.195-205
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    • 2019
  • An accurate non-model-based method for delamination identification of laminated composite plates is proposed in this work. A weighted mode shape damage index is formulated using squared weighted difference between a measured mode shape of a composite plate with delamination and one from a polynomial that fits the measured mode shape of the composite plate with a proper order. Weighted mode shape damage indices associated with at least two measured mode shapes of the same mode are synthesized to formulate a synthetic mode shape damage index to exclude some false positive identification results due to measurement noise and error. An auxiliary mode shape damage index is proposed to further assist delamination identification, by which some false negative identification results can be excluded and edges of a delamination area can be accurately and completely identified. Both numerical and experimental examples are presented to investigate effectiveness of the proposed method, and it is shown that edges of a delamination area in composite plates can be accurately and completely identified when measured mode shapes are contaminated by measurement noise and error. In the experimental example, identification results of a composite plate with delamination from the proposed method are validated by its C-scan image.

Shape Optimization of Three-Dimensional Cutouts in Laminated Composite Plates Using Solid Element (솔리드 요소를 이용한 적층복합재 구멍의 형상 최적화)

  • 한석영;마영준
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.13 no.4
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    • pp.16-22
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    • 2004
  • Shape optimization was performed to obtain the precise shape of cutouts including the internal shape of cutouts in laminated composite plates by three dimensional modeling using solid element. The volume control of the growth-strain method was implemented and the distributed parameter chosen as Tsai-Hill fracture index for shape optimization. The volume control of the growth-strain method makes Tsai-Hill failure index at each element uniform in laminated composites under the initial volume. Then shapes optimized by Tsai-Hill failure index were compared with those of the initial shapes for the various load conditions and cutouts. The following conclusions were obtained in this study (1) It was found that growth-strain method was applied efficiently to shape optimization of three dimensional cutouts in a laminated composite plate, (2) The optimal shapes on the various load conditions and cutouts were obtained, (3) The maximum Tsai-Hill failure index was reduced up to 67% when shape optimization was performed under the initial volume by volume control of growth-strain method.

The Development of the Composite Index as a method of rate adjustment (의료보험수가 조정을 위한 복합지표 개발에 관한 연구)

  • 김한중;조우현;이해종
    • Health Policy and Management
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    • v.3 no.1
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    • pp.84-101
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    • 1993
  • The current method of rate adjustment is based on the evaluation of the financial performance of hospitals. The method has the disadvantages such as too complicated, expensive process as well as low reliability due to small sample size. This study, therefore, develops a new model for the rate adjustment with the use of the composite index. In addition to that, it examines the validity of the model by comparing the result of the new method with that of the conventional method. The idea of the new model comes from the Medicare Economic Index(MEI) on which physician fees for the Medicare patients are adjusted periodically in the United States. Medical costs are classified into three groups : labor costs, materials and other expenses. Labor costs are subdivided into physicians and other personnels. Materials are subdivided into drugs and others. Other expenses are subdivided into 5 items. Macro economic indices are selected for each cost item in order to reflect the cost inflation during the specific period. Then the composite index which integrate all items according to the ration of each item in the total costs is calculated. The result from the application of empirical data to the new model is very similar to that of the current method. Furthermore, this method is very simple and also to easy to get social concensus. This model can be replaced the current method based on the analysis of the financial performance for the adjustment of medical fees.

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