• Title/Summary/Keyword: Failure Model

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The Effect of RGEC and EPS on Stock Prices: Evidence from Commercial Banks in Indonesia

  • SHOLICHAH, Mu'minatus;JIHADI, M.;WIDAGDO, Bambang;MARDIANI, Novita;NURJANNAH, Dewi;AULIA, Yoosita
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.67-74
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    • 2021
  • This study aims to examine and analyze the effect of Risk Profile, Good Corporate Governance (GCG), Earnings, Capital (RGEC), and Earnings per Share (EPS) on stock prices with financial distress as an intervening variable. The sampling technique used purposive sampling based on certain criteria and data used was secondary data, that is, annual reports of commercial banks in Indonesia for the period of 2012-2018 with a sample of 23 banks from a total population of 81 banks. This type of research is explanative with a quantitative descriptive approach to describe or explain quantitative data. The data obtained was analyzed using SEM (Structural Equation Model) with the AMOS Program. The results showed that RGEC, EPS, and financial distress affect stock prices. This is based on testing the direct effect as indicated by a p-value that is smaller than 0.05. Based on the mediation test, the results show that financial distress cannot mediate the effect of RGEC and EPS on stock prices as indicated by a p-value greater than 0.05. The implication of this research is very important for investors to analyze stock price changes based on RGEC, EPS, and financial distress to gain profits. In addition, there are various warning signs indicating that a company is experiencing financial distress or it is heading towards such a state. Being aware of these signs can help prevent failure.

Development of Snow Load Sensor and Analysis of Warning Criterion for Heavy Snow Disaster Prevention Alarm System in Plastic Greenhouse (비닐온실 폭설 방재 예·경보 시스템을 위한 설하중 센서 개발과 적설 경보 기준 분석)

  • Kim, Dongsu;Jeong, Youngjoon;Lee, Sang-ik;Lee, Jonghyuk;Hwang, Kyuhong;Choi, Won
    • Journal of The Korean Society of Agricultural Engineers
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    • v.63 no.2
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    • pp.75-84
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    • 2021
  • As the weather changes become frequent, weather disasters are increasing, causing more damage to plastic greenhouses. Among the damage caused by various disasters, damage by snow to the greenhouse takes a relatively long time, so if an alarm system is properly prepared, the damage can be reduced. Existing greenhouse design standards and snow warning systems are based on snow depth. However, even in the same depth, the load on the greenhouse varies depending on meteorological characteristics and snow density. Therefore, this study aims to secure the structural safety of greenhouses by developing sensors that can directly measure snow loads, and analysing the warning criteria for load using a stochastic model. Markov chain was applied to estimate the failure probability of various types of greenhouses in various regions, which let users actively cope with heavy snowfall by selecting an appropriate time to respond. Although it was hard to predict the precise snow depth or amounts, it could successfully assess the risk of structures by directly detecting the snow load using the developed sensor.

Seismic analysis of high-rise steel frame building considering irregularities in plan and elevation

  • Mohammadzadeh, Behzad;Kang, Junsuk
    • Steel and Composite Structures
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    • v.39 no.1
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    • pp.65-80
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    • 2021
  • Irregularities of a building in plan and elevation, which results in the change in stiffness on different floors highly affect the seismic performance and resistance of a structure. This study motivated to investigate the seismic responses of high-rise steel-frame buildings of twelve stories with various stiffness irregularities. The building has five spans of 3200 mm distance in both X- and Z-directions in the plan. The design package SAP2000 was adopted for the design of beams and columns and resulted in the profile IPE500 for the beams of all floors and box sections for columns. The column cross-section dimensions vary concerning the number of the story; one to three: 0.50×0.50×0.05m, four to seven: 0.45×0.45×0.05 m, and eight to twelve: 0.40×0.40×0.05 m. Real recorded ground accelerations obtained from the Vrancea earthquake in Romania together with dead and live loads corresponding to each story were considered for the applied load. The model was validated by comparing the results of the current method and literature considering a three-bay steel moment-resisting frame of eight-story height subject to seismic load. To investigate the seismic performance of the buildings, the time-history analysis was performed using ABAQUS. Deformed shapes corresponding to negative and positive peaks were provided followed by the story drifts and fragility curves which were used to examine the probability of collapse of the building. From the results, it was concluded that regular buildings provided a seismic performance much better than irregular buildings. Furthermore, it was observed that building with torsional irregularity was more vulnerable to seismic failure.

System-Level Seismic Fragility Evaluation of Bridge Considering Aging Effects (노후도를 고려한 교량의 시스템-수준 지진취약도 평가)

  • Kong, Sina;Moon, Jiho;Song, Jong-Keol
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.35 no.3
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    • pp.149-158
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    • 2022
  • As a bridge ages, its mechanical properties and structural performance deteriorate, degrading its seismic performance during a strong earthquake. In this study, the aging of piers and bridge bearings was quantified in several stages and reflected in the analysis model, enabling the evaluation of the member-level seismic fragility of these bearings. Moreover, by assuming that the failure mechanism of a bridge system is a series system, a method for evaluating the system-level seismic fragility based on the member-level seismic fragility analysis result is formulated and proposed. For piers with rubber and lead-rubber bearings (members vulnerable to aging effects), five quantitative degrees of aging (0, 5, 10, 25, and 40%) are assumed to evaluate the member-level seismic fragility. Then, based on the result, the system-level seismic fragility evaluation was implemented. The pier rather than the bridge bearing is observed to have a dominant effect on the system-level seismic fragility. This means that the seismic fragility of more vulnerable structural members has a dominant influence on the seismic fragility of the entire bridge system.

Large-scale testing and numerical study on an innovative dovetail UHPC joint subjected to negative moment

  • Zhang, Qifeng;Feng, Yan;Cheng, Zhao;Jiao, Yang;Cheng, Hang;Wang, Jingquan;Qi, Jianan
    • Computers and Concrete
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    • v.30 no.3
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    • pp.175-183
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    • 2022
  • To study the working mechanism and size effect of an innovative dovetail UHPC joint originated from the 5th Nanjing Yangtze River Bridge, a large-scale testing subject to negative bending moment was conducted and compared with the previous scaled specimens. The static responses, i.e., the crack pattern, failure mode, ductility and stiffness degradation were analyzed. It was found that the scaled specimens presented similar working stages and working mechanism with the large-scale ones. However, the post-cracking ductility and relative stiffness degradation all decrease with the enlarged length/scale, apart from the relative stiffness after flexural cracking. The slab stiffness at the flexural cracking stage is 90% of the initial stiffness while only 24% of the initial stiffness reserved in the ultimate stage. Finite element model (FEM) was established and compared with the experiments to verify its effectiveness in exploring the working mechanism of the innovative joint. Based on this effective method, a series of FEMs were established to further study the influence of material strength, pre-stressing level and ratio of reinforcement on its deflection-load relationship. It is found that the ratio of reinforcement can significantly improve its load-carrying capacity among the three major-influenced factors.

Structural and Dynamic Analysis of a Unmanned Cargo Multicopter Using Hybrid Power System (하이브리드 추진 시스템을 이용한 수송용 멀티콥터 무인기의 구조 및 동특성 해석)

  • Kee, Youngjung;Kim, Taekyun
    • Journal of Aerospace System Engineering
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    • v.16 no.5
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    • pp.78-85
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    • 2022
  • Multicopter-type unmanned aerial vehicles (UAV) are increasingly for cargo transportation to mountainous and island regions, image information acquisition in disaster areas, and emergency rescue transport. In order to successfully perform these tasks, the aircraft structure must be able to safely support the loads induced by flight conditions while ensuring the vibration and aeroelastic stability of the prop-rotor. This study introduced a structural analysis model of a 40kg payload multicopter with an engine-generator hybrid power system. The deformation and stress distribution are investigated depending on the load conditions. In addition, the vibration characteristics and aeroelastic stability of the prop-rotor were also presented to flight speed and aircraft pitch angle. The maximum thrust generated by the prop-rotor and the landing load applied to the multicopter under normal and emergency landing conditions were reviewed., It confirmed that the structure could support without failure. In addition, it confirmed that the damping characteristics of each primary locate in the constant region according to the aircraft's flight speed and the prop-rotors rotating speed.

Robust Control Design for Handling Quality Improvement of Iced Full-scale Helicopter (결빙된 전기체 헬리콥터의 비행성 향상을 위한 강인 제어 설계)

  • Ju, Jong-In;Kim, Yoonsoo
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.50 no.2
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    • pp.103-110
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    • 2022
  • Degradation of handling qualities(HQs) due to bad weather or mechanical failure can pose a fatal risk to pilots unfamiliar with such situation. In particular, icing is an important issue to consider as it is a frequent cause of accidents. Most of the previous research works focuses on aerodynamic performance changes due to icing and the corresponding icing modeling or methods to prevent icing, whereas the present work attempts to actively compensate for HQ degradation due to icing on a full-scale helicopter through flight control law design. To this end, the present work first demonstrates HQ degradation due to icing using CONDUIT software, and subsequently presents a robust control design via the RS-LQR(Robust Servomechanism Linear Quadratic Regulation) procedure to compensate for the HQ degradation. Simulation results show that the proposed robust control maintains Level 1 HQ in the presence of icing.

Shaking table tests on the seismic response of slopes to near-fault ground motion

  • Zhu, Chongqiang;Cheng, Hualin;Bao, Yangjuan;Chen, Zhiyi;Huang, Yu
    • Geomechanics and Engineering
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    • v.29 no.2
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    • pp.133-143
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    • 2022
  • The catastrophic earthquake-induced failure of slopes concentrically distributed at near-fault area, which indicated the special features of near-fault ground motions, i.e. horizontal pulse-like motion and large vertical component, should have great effect on these geo-disasters. We performed shaking table tests to investigate the effect of both horizontal pulse-like motion and vertical component on dynamic response of slope. Both unidirectional (i.e., horizontal or vertical motions) and bidirectional (i.e., horizontal and vertical components) motions are applied to soft rock slope model, and acceleration at different locations is reordered. The results show that the horizontal acceleration amplification factor (AAF) increases with height. Moreover, the horizontal AAF under unidirectional horizontal pulse-like excitations is larger than that subject to ordinary motion. The vertical AAF does not show an elevation amplification effect. The seismic response of slope under different bidirectional excitations is also different: (1) The horizontal AAF is roughly constant under horizontal pulse-like excitations with and without vertical waves, but (2) the horizontal AAF under ordinary bidirectional ground motions is larger than that under unidirectional ordinary motion. Above phenomena indicate that vertical component has limited effect on seismic response when the horizontal component is pulse-like ground motion, but it can greatly enhance seismic response of slope under ordinary horizontal motion. Moreover, the vertical AAF is enhanced by horizontal motion in both horizontal pulse-like and ordinary motion. Thence, we should pay enough attention to vertical ground motion, especially its horizontal component is ordinary ground motion.

Simulation of Time-Delay Based Path-Tracking Control of Reusable Launch Vehicle (시간지연기법을 적용한 재사용발사체 유도제어 시뮬레이션)

  • Cho, Woosung;Lee, HyeongJin;Lee, Yeol;Ko, Sangho
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.49 no.8
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    • pp.627-636
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    • 2021
  • This paper deals with a study for the guidance control of reusable launch vehicle. For this purpose, modeling of the equation of motion of a reusable launch vehicle with 6 degrees of freedom was performed. With this model, an optimal re-entry path was created and a path-following guidance control simulation was performed to follow the optimal re-entry path. For the design of the path-following guidance controller, the attitude controller applying a time-delay technique that is resistant to modeling uncertainty, disturbance and failure. And the nonlinear path-following guidance law were used. Guidance control simulation using a classical PD controller was performed and compared with the guidance control simulation of a reusable launch vehicle applying a time delay technique.

Configuration assessment of MR dampers for structural control using performance-based passive control strategies

  • Wani, Zubair R.;Tantray, Manzoor A.;Iqbal, Javed;Farsangi, Ehsan Noroozinejad
    • Structural Monitoring and Maintenance
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    • v.8 no.4
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    • pp.329-344
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    • 2021
  • The use of structural control devices to minimize structural response to seismic/dynamic excitations has attracted increased attention in recent years. The use of magnetorheological (MR) dampers as a control device have captured the attention of researchers in this field due to its flexibility, adaptability, easy control, and low power requirement compared to other control devices. However, little attention has been paid to the effect of configuration and number of dampers installed in a structure on responses reduction. This study assesses the control of a five-story structure using one and two MR dampers at different stories to determine the optimal damper positions and configurations based on performance indices. This paper also addresses the fail-safe current value to be applied to the MR damper at each floor in the event of feedback or control failure. The model is mathematically simulated in SIMULINK/MATLAB environment. Linear control strategies for current at 0 A, 0.5 A, 1 A, 1.5 A, 2 A, and 2.5 A are implemented for MR dampers, and the response of the structure to these control strategies for different configurations of dampers is compared with the uncontrolled structure. Based on the performance indices, it was concluded that the dampers should be positioned starting from the ground floor, then the 2nd floor followed by 1st and rest of the floors sequentially. The failsafe value of current for MR dampers located in lower floors (G+1) should be kept at a higher value compared to dampers at top floors for effective passive control of multi-story structures.