• Title/Summary/Keyword: Environment Uncertainty

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Minimizing the Risk of an Open Computing Environment Using the MAD Portfolio Optimization (최적포트폴리오 기법을 이용한 개방형 전산 환경의 안정성 확보에 관한 연구)

  • Kim, Hak-Jin;Park, Ji-Hyoun
    • Journal of Intelligence and Information Systems
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    • v.15 no.2
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    • pp.15-31
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    • 2009
  • The next generation IT environment is expected to be an open computing environment based on Grid computing technologies, which allow users to access to any type of computing resources through networks. The open computing environment has benefits in aspects of resource utilization, collaboration, flexibility and cost reduction. Due to the variation in performance of open computing resources, however, resource allocation simply based on users' budget and time constraints often fails to meet the Service Level Agreement(SLA). This paper proposes the Mean-Absolute Deviation(MAD) portfolio optimization approach, in which service brokers consider the uncertainty of performance of resources, and compose resource portfolios that minimize the uncertainty. In order to investigate the effect of this approach, we simulate an open computing environment with varying uncertainty levels, users' constraints, and brokers' optimization strategies. The simulation result concludes threefolds. First, the MAD portfolio optimization improves the success ratio of delivering the required performance to users. Second, the success ratio depends on the accuracy in predicting the variability of performance. Thirdly, the measured variability can also help service brokers expand their service to cost-critical users by discounting the access cost of open computing resources.

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Marketing Environment and governance mechanisms: Focusing on Manufacturer's Interfirm Benevolence

  • Kim, Min-Jung
    • The Journal of Industrial Distribution & Business
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    • v.10 no.1
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    • pp.51-58
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    • 2019
  • Purpose - Manufacturers in uncertain environments need to depend on governance mechanisms to reduce the inherent risk in these environments. However, few studies have examined which governance mechanisms a given manufacturers will develop in uncertain environments for managing the relationships with its vertical partner. This study explores how different governance mechanisms function under uncertain environmental circumstances. We also try to investigate the contextual effect of interfirm benevolence as moderator. Research design, data, and methodology - This research provide the conceptual framework of interfirm benevolence on which this research's propositions are predicted. The theoretical background for environmental uncertainty, governance mechanisms and interfirm benevolence will be discussed. Results - The expected results are as follows. Manufacturers in an uncertain environments rely on different governance mechanisms under conditions of high and low interfirm benevolence. In terms of role of interfirm benevolence, interfirm benevolence provides a better understanding of how governance mechanisms can develop in an uncertain supply markets. Conclusions - This research suggests several theoretical and practical implications between channel partners, particularly, this research offers that interfirm benevolence is a crucial competitive factor under environmental uncertainty situation. In future studies, it is necessary to investigate the effect of each governance mechanism structure on performance in an uncertain environment and various level of interfirm benevolence.

Dynamic Interaction between Conditional Stock Market Volatility and Macroeconomic Uncertainty of Bangladesh

  • ALI, Mostafa;CHOWDHURY, Md. Ali Arshad
    • Asian Journal of Business Environment
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    • v.11 no.4
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    • pp.17-29
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    • 2021
  • Purpose: The aim of this study is to explore the dynamic linkage between conditional stock market volatility and macroeconomic uncertainty of Bangladesh. Research design, data, and methodology: This study uses monthly data covering the time period from January 2005 to December 2018. A comprehensive set of macroeconomic variables, namely industrial production index (IP), consumer price index (CPI), broad money supply (M2), 91-day treasury bill rate (TB), treasury bond yield (GB), exchange rate (EX), inflow of foreign remittance (RT) and stock market index of DSEX are used for analysis. Symmetric and asymmetric univariate GARCH family of models and multivariate VAR model, along with block exogeneity and impulse response functions, are implemented on conditional volatility series to discover the possible interactions and causal relations between macroeconomic forces and stock return. Results: The analysis of the study exhibits time-varying volatility and volatility persistence in all the variables of interest. Moreover, the asymmetric effect is found significant in the stock return and most of the growth series of macroeconomic fundamentals. Results from the multivariate VAR model indicate that only short-term interest rate significantly influence the stock market volatility, while conditional stock return volatility is significant in explaining the volatility of industrial production, inflation, and treasury bill rate. Conclusion: The findings suggest an increasing interdependence between the money market and equity market as well as the macroeconomic fundamentals of Bangladesh.

-Reliability Assessment of Nuclear Power Plants Considering the Qualitative Factors under Uncertainty- (원자력발전소에서 정성적 요인을 고려한 신뢰성 평가)

  • 강영식
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.54
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    • pp.167-177
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    • 2000
  • The problem of system reliability is very important issue in the nuclear power plant, because the failure of its system brings about extravagant economic loss, environment destruction, and quality loss. This paper therefore proposes a normalized scoring model by the qualitative factors order to evaluate the robust reliability of nuclear power plants under uncertainty. Especially, the qualitative factors including risk, functional, human error, and quality function factors for the robust justification has been also introduced. Finally, the analytical reliability and safety assessment model developed in this paper can be used in the real nuclear power plant.

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A Study on the Development of Soil-based PTMs for Analysis of BTEX (BTEX 분석용 토양 숙련도 표준시료(PTMs) 개발에 관한 연구)

  • Lee, Minhyo;Lee, Guntaek;Lee, Bupyoel;Lee, Wonseok;Kim, Gumhee;Hong, Sukyoung
    • Journal of Soil and Groundwater Environment
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    • v.18 no.5
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    • pp.15-25
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    • 2013
  • In this study, two kinds of soil-based proficiency testing materials (PTMs), NICE-012L and NICE-012R were prepared and certified for Benzen, Toluene, Etylbenzene and Xylene with evaluation of uncertainties. In order to analyse BTEX (Benzen Toluene Etylbenzene Xylene) for the candidate materials, GC/MS was used after pretreatment according to methods of soil analysis by Ministry of Environment. For the homogeneity test among bottles in terms of candidate materials, ISO 13528 and IUPAC Protocol were used and according to the result, both candidate materials showed sufficient homogeneity. Also, the stability test over the candidate materials was accessed according to the ISO Guide 35 by classifying short-term and long-term stability and the result showed that both candidate materials showed decent stability. The reference values of the two candidate materials depending on BTEX components were derived from the average of the 11 samples that were used for verification of the samples' homogeneity. Uncertainty of measurement was combined by uchar that was caused by a characteristic value, $u_{bb}$ that was caused by between-bottle homogeneity, and $u_{stab}$ that was caused by stability, and then combined uncertainty ($u_{PTM}$) was multiplied to the coverage factor (k) derived from the effective degree of freedom from each factor that leads to expanded uncertainty (U) in about 95% of confidence level. The proficiency testing materials developed through this study were supplied to National Institute of Environmental Research (NIER) and utilized as an external proficiency testing materials for evaluating analysis capacity of soil agencies with specialty in terms of soil analysis approved by Minister of Environment.

Calculation of Ground Water Recharge Ratio Using Cumulative Precipitation and Water-level Change (누적 강수량과 지하수위 곡선을 이용한 지하수 함양률 산정 기법)

  • 문상기;우남칠
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2000.11a
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    • pp.23-30
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    • 2000
  • A calculation technique which estimates natural recharge was proposed and prepared with the existing techniques. And the necessity to obtain representative averages of 'specific yield' was discussed.

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A Study on Logistics Integration and Logistics Performance of Shipping Firms in International Logistics (국제물류에서 해운기업의 물류통합과 물류성과에 관한 연구)

  • Yun, Kwang-Woon;Ha, Myung-Shin;Bae, Hee-Sung
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.26
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    • pp.143-172
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    • 2005
  • The biggest exchange of international environment of shipping logistics in 21 century should appear ultra-mega container ships on the shipping market. The competitive trend of large size container ship was based on economics of scale among the international shipping business. In the environment, shipping firms consider the integration of freight forwarder and shipper in the international logistics process. The aims of this research analyse a relation between the environment uncertainty and logistics information system(LIS) and the integration and resolve the integration and its impact on logistics performance. The research methodology of this research analyse structural equation modeling on the relation of variables. The results of research are as follows. First, Environmental uncertainty significantly influences the internal integration and the external integration. Second, LIS has an influence on the logistics integration by providing the foundation for LIS utilization in international logistics process. Third, the internal integration significantly influences a logistics performance, which implies that firms should promote interaction and collaboration through internal process integration to achieve logistics performance as the logistical cost and service. But the external integration is not significantly a logistics performance.

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Application of the WRF Model for Dynamical Downscaling of Climate Projections from the Community Earth System Model (CESM) (WRF V3.3 모형을 활용한 CESM 기후 모형의 역학적 상세화)

  • Seo, Jihyun;Shim, Changsub;Hong, Jiyoun;Kang, Sungdae;Moon, Nankyoung;Hwang, Yun Seop
    • Atmosphere
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    • v.23 no.3
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    • pp.347-356
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    • 2013
  • The climate projection with a high spatial resolution is required for the studies on regional climate changes. The Korea Meteorological Administration (KMA) has provided downscaled RCP (Representative Concentration Pathway) scenarios over Korea with 1 km spatial resolution. If there are additional climate projections produced by dynamically downscale, the quality of impacts and vulnerability assessments of Korea would be improved with uncertainty information. This technical note intends to instruct the methods to downscale the climate projections dynamically from the Community Earth System Model (CESM) to the Weather Research and Forecast (WRF) model. In particular, here we focus on the instruction to utilize CAM2WRF, a sub-program to link output of CESM to initial and boundary condition of WRF at Linux platform. We also provide the example of the dynamically downscaled results over Korean Peninsula with 50 km spatial resolution for August, 2020. This instruction can be helpful to utilize global scale climate scenarios for studying regional climate change over Korean peninsula with further validation and uncertainty/bias analysis.

Descent Systems, Paternity Uncertainty and Cousin-directed Altruism

  • Jeon, Joong-Hwan;Yoon, Ji-Young;Choe, Jae-Chun
    • Journal of Ecology and Environment
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    • v.31 no.3
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    • pp.243-247
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    • 2008
  • Jeon and Buss (2007) found that human altruistic tendencies towards different categories of cousins are adaptively regulated as a consequence of paternity uncertainty. Since the study sample was drawn from a large US city where the effects of patrilineality may be week, the question of whether descent systems also independently affect cousin-directed altruism remained unanswered. We replicated the cousin-directed altruism study in a population of urban Korean college students, who have lived in a highly patrilineal society. As predicted, mother's sister's children were favored the most, followed by both mother's brother's and father's sister's children. Contrary to our predictions, however, father's brother's children was more, not less, favored than either mother's brother's or father's sister's children. We discuss why this cross-cultural difference may be observed with regard to the highly patrilineal culture in Korea.

Evaluation of Badge-Type Diffusive Sampler Performance for Measuring Indoor Formaldehyde

  • Yim, Bongbeen;Lee, Kyusung;Kim, Jooin;Hong, Hyunsu;Kim, Suntae
    • Environmental Engineering Research
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    • v.18 no.3
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    • pp.123-128
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    • 2013
  • The purposes of this study were to determine the efficiency of using a badge-type diffusive sampler to measure formaldehyde concentrations indoors, and to evaluate the uncertainty associated with the use of data from a diffusive sampler. A diffusive sampler using 2,4-dinitrophenylhydrazine (DNPH) reagent was found to be a suitable tool for measuring the formaldehyde concentration in an indoor environment. The agreement between results of the diffusive sampler and DNPH cartridge were good, showing a correlation coefficient of 0.996. The sampling rate for the diffusive sampler was calculated to be 1.428 L $hr^{-1}$, with a standard deviation of 0.084 L $hr^{-1}$. It was found through analysis that the uncertainty associated with the sampling rate and the mass of the formaldehyde transported into the diffusive sampler by diffusion was the dominant contributor to the total.