• The Journal of Asian Finance, Economics and Business
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• 제8권1호
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• pp.873-880
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• 2021

The purpose of this study is to investigate the impact of internal control on credit risk of joint stock commercial banks in Vietnam from 2007 to 2018. Furthermore, we specify bank-specific characteristics and macroeconomic conditions, and analyze how these factors affect credit risk of banks: the number of board members, the number of board members with banking or finance background as ratio of total board members, loans to total assets ratio, loans to deposit ratio, the number of days between the year-end and the publication of the financial statements, and the use of top four auditing firms proxy for five elements of internal control. By using the dataset of 30 Vietnamese joint stock commercial banks and Bayesian linear regression via Random-walk Metropolis Hastings algorithm, the results of this study show that five elements of internal control have a impact on bank credit risk, namely, control environment, risk assessment, control activities, information and communication, and monitoring activities. For factors of banks' characteristics, bank size and financial leverage have a negative impact on banks' credit risk, and bank age has a positive effect. For macroeconomic factors, inflation has a positive impact and economic growth has a negative impact on banks' credit risk.

• International Journal of Automotive Technology
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• 제5권1호
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• pp.55-59
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• 2004

Spot welding is a very important and useful technology in fabrication of thin sheet structures such as the parts in an automobile. However, because the fatigue strength of the spot welding point is considerably lower than that of the base metal due to stress concentration at the nugget edge, the nugget size must be estimated to evaluate a reasonable fatigue strength at a spot welded lap joint. So far, many investigators have experimentally studied the estimation of fatigue strengths of various spot weldments by using a destructive method. However, these destructive methods poses problems so testing of weldments by these methods are difficult. Furthermore, these methods cannot be applied to a real product, and are time and cost consuming, as well. Therefore, there has been a strong, continual demand for the development of a nondestructive method for estimating nugget size. In this study, the effective nugget size in spot weldments have been analyzed by using thermoelastic stress analysis adopting infrared thermography. Using the results of the temperature distribution obtained by analysis of the infared stress due to adiabatic heat expansion under sinusoidal wave stresses, the effective nugget size in spot welded specimens were estimated. To examine the evaluated effective nugget size in spot weldments, it was compared with the results of microstructure observation from a 5％ Nital etching test.

• Tunnel and Underground Space
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• 제21권3호
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• pp.151-163
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• 2011

The LCM test is one of the most powerful and reliable methods for designing the disc cutter and for predicting the TBM (Tunnel Boring Machine) performance. It has an advantage to predict the actual load on disc cutter from the laboratory test on the real-size large rock samples, however, it also has a disadvantage to transport and/or prepare the large rock samples and to need an extra cost for experiment. Moreover it is not easy to execute the test for jointed rock mass, and sometimes the design model estimated from the test can not be applied to the real design of disc cutter. In order to break this critical point, lots of numerical studies have been performed. PFC2D can simulate crack propagation and rock fragmentation effectively, because it is useful in particle flow analysis. Consequently, in this study, the PFC2D has been adopted for numerical analysis on cutting power of disc cutter according to the different angle of joint, the different direction of joint, and the different space of joint with jointed rock mass models. From the numerical analyses, it was concluded that the bigger cutting power of disc cutter was needed for reverse cutting direction to joint rather than for forward direction, and the cutting power of disc cutter was increased with decreasing the dip angle of joint and decreasing the space of joints in reverse cutting direction. The more precise numerical model for disc cutter can be developed from comparison between the numerical results and LCM test results, and the resonable guideline is expected for prediction of TBM performance and disc cutter.

• The Journal of Asian Finance, Economics and Business
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• 제6권3호
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• pp.327-337
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• 2019

The aim of this research is to contribute to enhancing the competitiveness of automotive parts suppliers while departing from the dependent relationship structure, by developing and interpreting factors that affect sale, which are financial achievements, in a practical way. The research data covered 200 companies from 2013-2017. The study hypothesis was verified by dividing the hypothesis into Model1 with control variables only and Model2 with control variables in independent variables. As a result of hypothesis testing, regarding sales, only capital size showed to have an effect in Model1, while in Model2, asset size, number of employees and joint ventures with foreign companies did but the other remaining factors did not. In particular, the results showed that an increase in financial performance required 'Economies of scale', and that companies that concentrated on a small number of items, diversified products into four or more items, or owned two to four suppliers, reaped positive results in financial performance. Therefore, in addition to the selection and concentration of corporate management for production items and account management, applying strategies, like the inter-company M&A, consortiums and co-branded strategies to achieve 'Economy of scale', would highly enhance the financial performance of automotive parts suppliers.

• East Asian Journal of Business Economics (EAJBE)
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• 제10권3호
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• pp.51-61
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• 2022

Purpose - The purpose of this study is to establish the government's logistics policy by calculating the logistics cost of the company and grasping the management status, to reduce the logistics cost of the related companies and to provide basic statistical data necessary for the management strategy. This work examines some associations between reasons for reducing corporate logistics costs (RCLC) and corporate classification such as industry and sales size. Research design, data, and methodology - The survey was conducted in 2018 for 2,000 companies based on the business of mining, manufacturing and wholesale and retail industries since 2010. The survey population is 94,976, of which 92,708 are small and medium enterprises and 2,268 are large corporations. The association among factors may be statistically and visually explored by using chi-squared test and correspondence analysis. Result - This study reveals the association between reasons for RCLC and corporate classification and properties and closeness that exist between the categories of each factor can be mined. Conclusion - As a task to reduce logistics costs of industrial products, expansion and operation of joint logistics business, establishment of cooperative logistics network, and establishment of ordinance on support for smart distribution logistics can be proposed.

• Journal of Biosystems Engineering
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• 제4권1호
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• pp.67-74
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• 1979

This survey was carried out to grasp the actual condition of a power tiller utilization . Now, the power tiller has become the leading machinery in the field of agriculture throughout the country . Two hundred farm houses, located in the provincial districts of Kimcheon and kum0rung, hav etaken part in the survey from October 1, 1976 to September 30, 1977. The results are summarized as follows . 1. The average size of cultivated land of a farm household in the districts surveyed was 1.77ha which was bigger than that of whole country. And the average age of power tiller drivers was analyzed in which only 105 of total drivers was on their 30's. 2. Distribution of a power tiller utilization was appeared to be 34.4% for transporting , 24% for tilling , 23% for pumping , 11.5% for threshing and 6.6% for spraying. 3. Frequency of a power tiller utilization was high during the month of June, July and October while it was low during February and December . 4. Distribution of repairing cost was 8.5% for trailer, 7.1% for throttle lever and 6.7% for casket, respectively. The annual cost for repairing was 5,290 won.5. The annual cost for using a power tiller was composed of 51.5% of fixed cost and 48.5% of operating cost. 6. Economic analysis showed that it was not economically practical for individual ownership of a power tiller on the farm surveyed. Therefore, custom operation and joint ownership by a few farmers were recommended.

• Journal of Korean Society of Steel Construction
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• 제8권3호통권28호
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• pp.151-160
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• 1996

The fatigue test under the constant amplitude repeated loading is performed to investigate the fatigue behavior of the Torque Shear type high tension bolted joint which is able to manage the axial force uniformly. From the test results, it's known that the reduction of the axial force of T/S bolt followed by the elasped time is similar to that of the high tension bolts. The difference of relaxation is not occurred according to the position of bolts, the size of the introduced axial force but the effect of the variation of temperature is large. In the reduction of the axial force followed by the cumulation of the fatigue load, the outer bolt is larger than the inner bolt. This result depends on the difference in the distribution of the non-slip zone. The variation of the surface roughness affects the slip and the reduction of the anal force.

• Journal of Fashion Business
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• 제25권4호
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• pp.36-60
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• 2021

This study aimed to provide basic data for establishing a sizing system for menswear by investigating body size changes and body shapes in adult men in their 30s to 50s. Data on 52 different upper body categories collected from 4,314 people during the 5-7th Size Korea surveys were analyzed. The waist height, hip height, torso and arm lengths, and torso and upper limb circumferences increased while the arm joint sizes decreased. According to factor analysis, factors 1 and 2 referred to 'the horizontal size of the upper body and limbs' and the 'torso height and upper limb length', respectively, while factors 3 and 4 represented 'shoulder size' and 'upper body length' respectively. In clustering analysis, types 1 and 2 were 'short and fat' and 'tall and thin,' respectively, while types 3 and 4 represented 'tallest and chubby' and 'shortest and small' respectively. Torso length increased in the 30 to 40s in type 1 while torso circumference increased in the 30s and late 40s in type 2. In type 3, shoulders got bigger in the 30s. In type 4, torso circumference increased in the early 30s, and torso length increased in the late 40s. 'Thin' was a typical body shape in the early 30s. Among early 40s men, distribution evolved from 'small' to 'thin.' In the late 40s, while the percentage of 'small' decreased, the ratio of 'obese' increased. In the 50s, 'small' was the most common.

• Journal of Korean Society of Industrial and Systems Engineering
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• 제42권4호
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• pp.194-202
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• 2019

Reliability analysis of the components frequently starts with the data that manufacturer provides. If enough failure data are collected from the field operations, the reliability should be recomputed and updated on the basis of the field failure data. However, when the failure time record for a component contains only a few observations, all statistical methodologies are limited. In this case, where the failure records for multiple number of identical components are available, a valid alternative is combining all the data from each component into one data set with enough sample size and utilizing the useful information in the censored data. The ROK Navy has been operating multiple Patrol Killer Guided missiles (PKGs) for several years. The Korea Multi-Function Control Console (KMFCC) is one of key components in PKG combat system. The maintenance record for the KMFCC contains less than ten failure observations and a censored datum. This paper proposes a Bayesian approach with a Dirichlet mixture model to estimate failure time density for KMFCC. Trends test for each component record indicated that null hypothesis, that failure occurrence is renewal process, is not rejected. Since the KMFCCs have been functioning under different operating environment, the failure time distribution may be a composition of a number of unknown distributions, i.e. a mixture distribution, rather than a single distribution. The Dirichlet mixture model was coded as probabilistic programming in Python using PyMC3. Then Markov Chain Monte Carlo (MCMC) sampling technique employed in PyMC3 probabilistically estimated the parameters' posterior distribution through the Dirichlet mixture model. The simulation results revealed that the mixture models provide superior fits to the combined data set over single models.

• The Journal of Engineering Geology
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• 제15권3호
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• pp.257-268
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• 2005

In situ rock mass is generally heterogeneous and discontinuous, with varying degrees of strength along the planes of weakness. The planes of weakness such as joints, faults, cracks and bedding planes, control the strength and deformation characteristics of the rock mass. Subsequently, the stability of underground opening depends upon the spatial distribution of discontinuities and their mechanical properties in relation with geometrical shape of openins as well as the mechanical properties of intact rock materials. Understanding the behaviour of a discontinuous rock mass remains a key issue for improving excavation design in hiかy stressed environments. Although recent advances in rock mechanics have provided guidelines for the design of underground opening in isotropic rock mass, prediction and control of deformation in discontinuous rock masses are still unclear. In this study, parametric study was performed to investigate the plastic zone size, stress distribution and deformation behavior around underground opening in a discontinuous rock mass using a continuum joint model. The solutions were obtained by an elasto-plastic finite difference analysis, employing the Mohr-Coulomb failure criteria. Non-associated flow rule and perfectly plastic material behavior are also assumed.