• Title/Summary/Keyword: Operational Process

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Operational Risk Measurement of Financial Institutions via AHP (AHP 분석을 이용한 금융기관 운영리스크 측정)

  • Choi, Seung-Il
    • Korean Management Science Review
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    • v.28 no.3
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    • pp.73-82
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    • 2011
  • Basel II advanced measurement approaches for operational risk need to estimate the frequency and severity distribution of operational losses. Due to lack of internal loss data, the estimation is impossible in many cases and so external loss data might be used by scaling on asset or gross income. To get around lack of loss data, scenario analysis combined with loss distribution approach can be useful in calculating the capital charge of operational risk. However, scenario based loss distribution approach requires much time and effort. Instead we may apply the analytic hierarchy process to measure operational risk of financial institutions. The analytic hierarchy process combined with loss distribution approach is to estimate the capital charge of operational risk in other areas based on the operational VaR in an area with sufficient loss data. AHP provides a tool for timely measurement of operational risk in this rapidly changing global environment.

A Study on Reliability Evaluation and Improvement Process of Aerospace Electronic Equipments using Operational Reliability-Cost Matrix (신뢰성-비용 매트릭스를 이용한 항공전자장비의 신뢰성 평가 및 개선 프로세스 연구)

  • Jo, In-Tak;Lee, Sang-Cheon;Park, Jong-Hun;Bae, Sung-Moon
    • Journal of Korean Society for Quality Management
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    • v.42 no.4
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    • pp.633-646
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    • 2014
  • Purpose: The conventional predicted MFTBF by military standard has a wide discrepancy to that of real-world operation, which leads to overstock and increase operation cost. This paper introduces a analyzing frame using operational reliability and cost data to overcome the discrepancy, and provides reliability improvement process employing the analyzing frame. Methods: This paper suggests Reliability-Cost Matrix (R-C Matrix) and Operational Reliability & Cost Index (ORCI) as a tool for reliability evaluation. Results: KOREIP(KAI's Operational Reliability Evaluation and Improvement Process) is developed employing Reliability-Cost Matrix and Operational Reliability & Cost Index. Conclusion: KOREIP provides a process and its activities based on Reliability-Cost Matrix frame. The process and activities leads reliability improvement of aerospace electronic equipments by means of categorizing and follow-up action based on the concept of frame.

A Design of a Simulation Platform to Test PRT Vehicle Operational Control Algorithms Using On-board Embedded Process Board (차상용 임베디드 제어보드를 이용한 PRT 차량 운행제어 알고리즘 시험을 위한 플랫폼 설계)

  • Lee, Jun-Ho;Jeong, Rac-Gyo;Kim, Yong-Kyu
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.10
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    • pp.1962-1967
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    • 2009
  • This paper deals with a design of a platform to simulate PRT vehicle operational control algorithms using on-board embedded process board. The configuration of the platform is composed of the central control module, the station control module, man-machine interface and monitoring module. Since PRT system needs inherently very reliable vehicle operational control algorithm in order to avoid the impact between vehicles, it is very important to construct a simulation platform to test a designed vehicle operational control algorithm during the development process For the test of the proposed platform a path of the each moving vehicle is predefined in the central control system before the dispatch order is given to the vehicle. The simulation results show the effectiveness of the proposed simulation platform for test and evaluation of the PRT operational control algorithms.

Planning of Development of the Operational Concept Document of the "3D Model Based Digital Collaboration System" : Case Study ("3D 모델기반 디지털 협업 시스템" 운용개념 개발 방안 수립 사례)

  • Kim, Jin Il;Cha, Jae Min;Lee, Tae Kyoung;Kim, Joon Young
    • Journal of the Korean Society of Systems Engineering
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    • v.13 no.2
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    • pp.42-48
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    • 2017
  • OCD (Operational Concept Document) is very important in system development. To develop OCD we should answer questions about, what template to use, what is the overall process to develop OCD, what kinds of diagrams we should use and how can we validate the OCD. To answer about the template we compared tow industrial guide on operational concept development and tailored it. For development process, we proposed a comprehensive process which satisfies the requirements of the project context. For use of proper diagram, we analyzed many kinds of diagrams used in representing behavior of system and choose some diagrams which best fit for our purpose. Finally we established validation criteria for operational scenario and requirement texts in operational concept documents.

System Requirement Definition Process from Operational Concept and The Application Case-Study of ATACMS (운용 개념에서 시스템 요구사항을 정의하는 프로세스의 개발 및 특정 유도무기(ATACMS) 적용 사례)

  • 이중윤;박영원
    • Journal of the Korea Institute of Military Science and Technology
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    • v.6 no.3
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    • pp.22-35
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    • 2003
  • This paper describes system technical requirement development process from operational concept using computer-aided Systems Engineering tool(CASysE Tool-CORE). The army tactical missile system-ATACMS's technical requirements are developed by the process as a case-study The scope of the work is context analysis and requirement definition process. The proposed process is as follows. At first, an integrated architecture could be developed from the operational concept. From the integrated architecture a capability needs, which includes KPPs, are generated. And the capability needs expanded according to the Mil-Std-961D format. Lastly, a system technical requirement could be generated automatically from the CASysE Tool-CORE.

How Through-Process Optimization (TPO) Assists to Meet Product Quality

  • Klaus Jax;Yuyou Zhai;Wolfgang Oberaigner
    • Corrosion Science and Technology
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    • v.23 no.2
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    • pp.131-138
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    • 2024
  • This paper introduces Primetals Technologies' Through-Process Optimization (TPO) Services and Through-Process Quality Control (TPQC) System, which integrate domain knowledge, software, and automation expertise to assist steel producers in achieving operational excellence. TPQC collects high-resolution process and product data from the entire production route, providing visualizations and facilitating quality assurance. It also enables the application of artificial intelligence techniques to optimize processes, accelerate steel grade development, and enhance product quality. The main objective of TPO is to grow and digitize operational know-how, increase profitability, and better meet customer needs. The paper describes the contribution of these systems to achieving operational excellence, with a focus on quality assurance. Transparent and traceable production data is used for manual and automatic quality evaluation, resulting in product quality status and guiding the product disposition process. Deviation management is supported by rule-based and AI-based assistants, along with monitoring, alarming, and reporting functions ensuring early recognition of deviations. Embedded root cause proposals and their corrective and compensatory actions facilitate decision support to maintain product quality. Quality indicators and predictive quality models further enhance the efficiency of the quality assurance process. Utilizing the quality assurance software package, TPQC acts as a "one-truth" platform for product quality key players.

an Algorithm for Automatic Generation of a Dimension and Tolerance Chart (치수공차표의 자동생성 알고리즘)

  • 정종인;김광수;최후곤
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2000.11a
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    • pp.353-357
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    • 2000
  • A dimensioning system in a manufacturing process is often complex, especially when a lot of operations are involved in the process. Determination of operational dimensions and tolerances becomes even more complicated if there exist inconsistencies between operational and design relationships among operational dimensions in machining. This chart furnishes a record of the relationships in an easy-to-grasp form, proves that sufficient stock for a cut is available even under adverse conditions, and also proves that separate operations, when taken together, will harmonize as desired. In this paper, various existing roles of the chart have been extended to an operational routing sheet by generating it automatically, providing machining conditions, and verifying operational tolerances.

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Parameter Optimization for Cost Reduction of Microbubble Generation by Electrolysis

  • Lucero, Arpon Jr;Kim, Dong-Seog;Park, Young-Seek
    • Journal of Environmental Science International
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    • v.26 no.3
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    • pp.269-280
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    • 2017
  • To lower the operational cost of microbubble generation by electrolysis, optimization of parameters limiting the process must be carried out for the process to be fully adopted in environmental and industrial settings. In this study, four test electrodes were used namely aluminum, iron, stainless steel, and Dimensionally Sable Anode (DSA). We identified the effects and optimized each operational parameter including NaCl concentration, current density, pH, and electrode distance to reduce the operational cost of microbubble generation. The experimental results showed that was directly related to the rate and cost of microbubble generation. Adding NaCl and narrowing the distance between electrodes caused no substantial changes to the generation rate but greatly decreased the power requirement of the process, thus reducing operational cost. Moreover, comparison among the four electrodes operating under optimum conditions revealed that aluminum was the most efficient electrode in terms of generation rate and operational cost. This study therefore presents significant data on performing costefficient microbubble generation, which can be used in various environmental and industrial applications.

Relationships between Piagetian Congnitive Modes and Integrated Science Process Skills for High School Students (고교생의 논리적사고력과 과학탐구 기능 사이의 상관관계에 관한 연구)

  • Lim, Cheong-Hwan;Jeong, Jin-Woo
    • Journal of The Korean Association For Science Education
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    • v.11 no.2
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    • pp.23-30
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    • 1991
  • The purpose of this study is to investigate the interrelationships on integrated science process skills and Piagetian cognitive modes for high school students according to the different cognitive reasoning levels. About 509 high school students were randomly selected for the samples of this study. They were identified as concrete, transitional and formal operational stage with the scores of GALT(Group Assessment of Logical Thinking) developed by Roadrangka, Yeaney and Padilla(1982), and TIPS II(Test of Integrated Process Skills) developed by Burns, Wise and Okey(1983). The result of this study were showed that about 11.8% of the samples were in the concrete operational stage and about 24.4% of the samples were in the transitional stage, while about 63.8% of them were in the formal operational stage. It was also found that the achivement scores of the science process skills increase in accordance with the cognitive reasoning levels. The value of the correlation coefficient between science process skills and cognitive reasoning abilities was 0.49, which was significant at the 0.05 level. This finding seems to support previous research that the student's cognitive reasoning abilities appeared to have influenced student's scores of the science process skills No differences to the logical reasoning ability between male and female students according to each cognitive level were found except formal operational stage.

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An empirical study on the relationship between Total Quality Management Practices and Operational Performance depending on Functional Organization Types (기능적 조직 형태에 따른 TQM 실행요소와 운영성과간의 관계에 관한 연구)

  • Lee Wook-Gee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.27 no.2
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    • pp.1-9
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    • 2004
  • This study aims to examine the relationship between total quality management(TQM) practices and operational performance perceived by employees who are in different functional organization types, R&D function and Non-R&D function organization in manufacturing companies. Operational performance is defined as the degree of operation efficiency in the perspective of quality, delivery, and cost. Our study showed that the significant elements of TQM practice were different depending on functional organization types. In case of R&D organization, the categories of customer focus and process management were the strongest significant predictors of operational performance. Therefore, the optimal TQM practices for R&D organization can be obtained in consideration of customer focus and process management.