• 시스템엔지니어링학술지
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• 제16권2호
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• pp.67-77
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• 2020

Traditionally nuclear thermal hydraulic and nuclear safety has relied on numerical simulations to predict the system response of a nuclear power plant either under normal operation or accident condition. However, this approach may sometimes be rather time consuming particularly for design and optimization problems. To expedite the decision-making process data-driven models can be used to deduce the statistical relationships between inputs and outputs rather than solving physics-based models. Compared to the traditional approach, data driven models can provide a fast and cost-effective framework to predict the behavior of highly complex and non-linear systems where otherwise great computational efforts would be required. The objective of this work is to develop an AI algorithm to predict the peak fuel cladding temperature as a metric for the successful implementation of FLEX strategies under extended station black out. To achieve this, the model requires to be conditioned using pre-existing database created using the thermal-hydraulic analysis code, MARS-KS. In the development stage, the model hyper-parameters are tuned and optimized using the talos tool.

• The Journal of Asian Finance, Economics and Business
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• 제9권6호
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• pp.231-243
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• 2022

The objective of this study is to analyze the impact of conservative financial reporting on investment during uncertainty. It was assumed that during uncertainty conservative financial reporting can play an important role to improve investment decision-making. For our analysis, data sets from 2005-2020 of nonfinancial companies are used. To measure the impact of conservative financial reporting in the non-financial sector of Pakistan, Khan and Watts' (2009) model is applied. "Prospector" and "Defender" Business strategy is applied for measuring firm-level uncertainty. Investment is measured by adding the change in fixed assets (property, plant, and equipment). To check the robustness of conservative financial reporting, Givoly and Hayn's (2000) Negative Accruals measure is applied. To measure the robustness of uncertainty, environmental scanning and alertness technique is applied. According to environmental scanning and alertness technique, companies are divided into two groups named 'inert' and 'alert'. 'Inert' are those firms that are not scanning their environment, and 'alert' are those firms who continuously analyze their environment. The empirical estimations support our hypothesis. The empirical findings provide the proof that in the wake of uncertainty conservative financial reporting may facilitate to take optimal investment decisions in the developing economy of Pakistan. Our results provide critical and practical implications for investors, researchers, and standard setters.

• The Journal of Asian Finance, Economics and Business
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• 제9권4호
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• pp.251-259
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• 2022

This study investigates the impact of ownership structures and audit quality on carbon emission disclosure. It also examines how audit quality affects the relationship between ownership structures and carbon emission disclosure. This research includes 106 standalone sustainability reports from non-financial companies that were listed on the Indonesia Stock Exchange (IDX) between 2015 and 2018. Our findings show that family and concentrated ownerships convey less information about carbon emissions. Our results fail to demonstrate that disclosure of carbon emissions could be a corporation's approach to respond to stakeholder pressure and public visibility and to provide legitimacy for its existence. We also find a positive and significant association between high-quality (Big4) auditors and carbon emission performance. Our further result suggests that Big4 auditors seem to compromise their high standard quality on auditing family and concentrated ownership firms. They fail to influence their family and concentrated ownership clients to be socially responsible. Policymakers should support the existence of Big4 auditors as a driver of carbon emission performance. Top management should be proactive to tackle carbon emission issues by adopting stakeholder-driven mechanisms and establishing legitimacy with society. Nevertheless, the involvement of family and highly concentrated shareholders in decision-making processes and information disclosure should not be encouraged.

• 유통과학연구
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• 제19권8호
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• pp.91-100
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• 2021

Purpose: Supply chain management is a significant component of marketing strategy to achieve the overall goal of maintaining a competitive edge in the industry. To better understand and compare marketing strategies between two major distribution channels (Wholesalers and Retailers), the present study examines the various critical aspects in developing marketing strategies based on numerous prior studies. Research design, data and methodology: Qualitative research involves collecting and analyzing various non-numeric data to establish different concepts or opinions in the data. In content analysis, determining the presence of different themes, concepts, or other valuable texts and their relationships is carried out. Usually, the researchers employ three distinct methods to carry out complete content analysis. Results: Developing the appropriate marketing strategy to manage the supply chain of a business is essential. Marketing strategies should be formulated in a manner that ensures the supply chain is well organized. Applying the marketing strategy in the supply chain management, the current author utilizes the four Ps to integrate strategies for two distribution channels which are essential in ensuring proper management. Conclusions: This study concluded that utilizing the existing marketing strategies and integrating them can help in better management of the supply chain, using communication, decision making, product differentiation, and pricing.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2021년도 학술발표회
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• pp.145-145
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• 2021

Water distribution networks (WDNs) are designed to satisfy water requirement of an urban community. One of the central issues in human history is providing sufficient quality and quantity of water through WDNs. A WDN consists of a great number of pipelines with different ages, lengths, materials, and sizes in varying degrees of deterioration. The available annual budget for rehabilitation of these infrastructures only covers part of the network; thus it is important to manage the limited budget in the most cost-effective manner. In this study, a novel pipe replacement scheduling approach is proposed in order to smooth the annual investment time series based on a life cycle cost assessment. The proposed approach is applied to a real WDN currently operating in South Korea. The proposed scheduling plan considers both the annual budget limitation and the optimum investment on pipes' useful life. A non-dominated sorting genetic algorithm is used to solve a multi-objective optimization problem. Three decision-making objectives, including the minimum imposed LCC of the network, the minimum standard deviation of annual cost, and the minimum average age of the network, are considered to find optimal pipe replacement planning over long-term time period. The results indicate that the proposed scheduling structure provides efficient and cost-effective rehabilitation management of water network with consistent annual budget.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2022년도 학술발표회
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• pp.333-333
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• 2022

본 연구는 저빈도·고강도의 확률강우량 산정을 위해, 대규모 기후 앙상블 모의실험 기반으로 생성된 d4PDF(Data for Policy Decision Making for Future Change)를 적용하는 것을 목적으로 수행되었다. 또한, d4PDF 를 이용하여 산정된 확률강우량과 관측자료 및 빈도해석을 통해서 산정된 확률강우량을 비교함으로써 빈도해석의 적용에 따라 발생하는 불확실성을 분석하였다. 이와 같은 연구는 용담댐에 위치한 금산, 임실, 전주, 장수 관측소를 대상으로 수행되었다. d4PDF 자료는 총 50 개의 앙상블로 구성되어 있으며, 하나의 앙상블은 60 년 동안의 기상자료를 제공하기 때문에 한 지점에서 3,000 개의 연 최대 일 강우량을 수집 및 활용하는 것이 가능했다. 이와 같은 d4PDF 의 특징을 토대로 본 연구는 빈도해석 방법을 적용하지 않고, 3000 개의 연 최대 일 강수량을 비모수적 접근법(Non-parametric approach)에 따라 규모별로 나열하여, 10 년부터 1000 년의 재현기간을 갖는 확률강우량을 산정했다. 그 후, 관측 자료와 Gumbel 및 GEV(General extreme value) 분포를 토대로 산정된 확률강우량과의 편차를 산정하였다. 그 결과, 재현기간과 관측 기간의 차이가 증가할수록 이 편차가 증가하였으며, 이 결과는 짧은 관측 기간과 빈도해석의 적용은 재현기간이 증가할수록 신뢰하기 어려운 확률강우량을 제시한다는 것을 의미한다. 반면에, d4PDF 는 대규모 표본을 이용함으로써 이와 같은 불확실성을 최소화시켜 합리적인 저빈도·고강도의 확률강우량을 제시하였다.

• 해양정책연구
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• 제34권2호
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• pp.113-137
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• 2019

The purpose of this study was to analyze the conflicts in fishing villages, focusing on the Fishing Village New Deal 300 Project. In order to solve the research problem, the case analysis method was selected among qualitative research methods. Interviewees were selected as the village leaders and the MP(master planner) at the center of the project contest and promotion process. Of the leaders who were in charge of the project or in the villages selected for the project, three leaders who fully understood the purpose of this study were selected. The categorized results are as follows: First, difficulties in forming regional councils due to indifference of residents. Second, demanding excessive sacrifice of the leader. Third, the leader and the residents distrust of the local government. Fourth, the non-cooperation and intentional interference of the residents. Preventing and managing these conflicts is as follows: First, the regional arrangement of experts at the national level. Second, education for improving residents awareness. Third, structuralization of pre-learning and refueling systems. Forth, participation of residents in the decision-making process, Fifth, development and application of a practical road-map.

• 국제학술발표논문집
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• The 5th International Conference on Construction Engineering and Project Management
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• pp.558-565
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• 2013

The process and efficiency of monitoring building and construction violations is a concern of the construction industry. The detection of violations requires appropriate and sufficiently accurate spatial information to manage and support a comprehensive inspection process and monitor compliance. A building inspection workflow must extract appropriate spatial and measurement in-formation from a variety of sources, identify potential violations across a range of compliance criteria and determine the quality of resulting inspection reports. This paper presents a framework for supporting building inspections using spatial information and methods to detect construction violations and compliance. Current inspection processes involve issues around the identification of building violations, access to building regulations and existing spatial information, integration of a range of spatial and non-spatial information, and the quality of decisions within the inspection workflows. A survey of building inspectors was conducted and used together with the issues identified to establish the requirements for a spatial inspection framework. The results demonstrate how such a framework can support improved decision-making and reduced fieldwork effort in detecting and measuring the accuracy of building violations involving building placements, street offsets and footprint areas.

• 무역학회지
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• 제45권1호
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• pp.155-171
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• 2020

In reality, there are numerous [Note: I advise to change the tone to being more certain, as opposed to offering a possibility. You need to emphasize the seriousness of the conditions that your study wants to talk about] non-tariff trade barriers under free trade agreements, with various stakeholders having different trade-off interests. This study focuses on the rules of origin verification and considers cases in which domestic firms, foreign firms, and domestic consumer groups compete politically for their rent protection in the domestic market. As in Gwande et al. (2006), cross-border lobbies are considered possible wherein foreign firms also lobby the government to influence the decision-making process of how stringently to verify the rules of origin. [Note: Starting here, switch to past tense because a: study intentions above can be in present tense, b: study procedures should be in past tense] In this study, we assumed that all stakeholders form interest groups and present political contributions to the government based on their interests. The stringency of the rules of origin verification was then determined through this political process, and we compared this to a socially optimal one in the analysis. It was found that the verification was less stringent when there was cross-border lobbying than the socially optimal one.

• Structural Engineering and Mechanics
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• 제88권4호
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• pp.323-334
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• 2023

The submerged floating tunnel (SFT) infrastructure has been regarded as an emerging technology that efficiently and safely connects land and islands. The SFT route problem is an essential part of the SFT planning and design phase, with significant impacts on the surrounding environment. This study aims to develop an optimization model considering transportation and structure factors. The SFT routing problem was optimized based on two objective functions, i.e., minimizing total travel time and cumulative strains, using NSGA-II. The proposed model was applied to the section from Mokpo to Jeju Island using road network and wave observation data. As a result of the proposed model, a Pareto optimum curve was obtained, showing a negative correlation between the total travel time and cumulative strain. Based on the inflection points on the Pareto optimum curve, four optimal SFT routes were selected and compared to identify the pros and cons. The travel time savings of the four selected alternatives were estimated to range from 9.9% to 10.5% compared to the non-implemented scenario. In terms of demand, there was a substantial shift in the number of travel and freight trips from airways to railways and roadways. Cumulative strain, calculated based on SFT distance, support structure, and wave energy, was found to be low when the route passed through small islands. The proposed model helps decision-making in the planning and design phases of SFT projects, ultimately contributing to the progress of a safe, efficient, and sustainable SFT infrastructure.