• Title/Summary/Keyword: Parameter Management

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Retail Channel Inventory Management via In-Stock Ratio Measure (매장 내 제품가용성 지표를 활용한 유통재고 관리방안 제고)

  • Kim, Hyoungtae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.1
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    • pp.96-102
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    • 2013
  • This paper makes a detailed comparison between two metrics designed for measuring customer's satisfaction in the retail industry. The first metric, which is called the customer service level, has not been widely used due to the intrinsic requirement on the parameter assumption(s) of the demand distribution. Unlike the customer service level metric the in stock ratio metric does not require any requirements on the demand distribution. And the in stock ratio metric is also very easy to understand the meaning. To develop the detailed planning activities for business with the in stock ratio metric on hand one should collect some information as following : 1) POS (Point of sales) data, 2) Inventory Data 3) Inventory Trend.

Investigation of Recent Maintenance and Management in Existing Railway Bridges for Development of Urban Maglev Track Structures Inspection Manual (도시형 자기부상철도 토목구조물 유지관리 지침 작성을 위한 국내 철도교 유지관리 현황 분석)

  • Lee, Gi-Yeol;Yang, Tae-Sock;Chung, Won-Yong
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.107-111
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    • 2008
  • This paper presented a literature review and investigation analysis results of total 19 present guide book and provisions of maintenance and management system in existing railway bridges to development of urban maglev track structures inspection manual. This research carried out a cooperated research subject 3-1, development a design code and maintenance and management inspection manual for urban maglev track structures, of the Center for Urban Maglev Program. Three types of track structures were includes as a major analytical parameter together with railroad, high speed railroad, subway and light rail transit. Bridges were analyzed a general rules, investigation, evaluation, repair and strengthen method as a key aspect. And rail were analyzed examination and maintenance also. This analysis results show that the track structures evaluation are based on the test and examination results, and repaired or strengthened consideration of deterioration, track irregularity and materials according to provision requirements.

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A rolling analysis on the prediction of value at risk with multivariate GARCH and copula

  • Bai, Yang;Dang, Yibo;Park, Cheolwoo;Lee, Taewook
    • Communications for Statistical Applications and Methods
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    • v.25 no.6
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    • pp.605-618
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    • 2018
  • Risk management has been a crucial part of the daily operations of the financial industry over the past two decades. Value at Risk (VaR), a quantitative measure introduced by JP Morgan in 1995, is the most popular and simplest quantitative measure of risk. VaR has been widely applied to the risk evaluation over all types of financial activities, including portfolio management and asset allocation. This paper uses the implementations of multivariate GARCH models and copula methods to illustrate the performance of a one-day-ahead VaR prediction modeling process for high-dimensional portfolios. Many factors, such as the interaction among included assets, are included in the modeling process. Additionally, empirical data analyses and backtesting results are demonstrated through a rolling analysis, which help capture the instability of parameter estimates. We find that our way of modeling is relatively robust and flexible.

DEVELOPMENT OF A RESOURCE LEVELING MODEL USING OPTIMIZATION

  • Jin-Lee Kim;Ralph D. Ellis
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.558-563
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    • 2005
  • This paper presents a GA-based optimal algorithm for a resource leveling model that levels the resources of a set of non-critical activities experiencing conflicts simultaneously up to an assumed level of resource rates specified by the planner using a pair-wise comparison of the activities being considered. A parameter called the future float is adopted and applied as an indicator for assigning leveling priorities to the sets of activities experiencing conflicts. A construction project network example was worked out to demonstrate the performance of the proposed method. The histogram obtained using the algorithm proposed was shown to be the same as, or very close to that produced by the existing resource leveling method based on the least total float rule, which shifts non-critical activities individually.

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Comparative analysis of auto-calibration methods using QUAL2Kw and assessment on the water quality management alternatives for Sum River (QUAL2Kw 모형을 이용한 자동보정 방법 비교분석과 섬강의 수질관리 대안 평가)

  • Cho, Jae Heon
    • Journal of Environmental Impact Assessment
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    • v.25 no.5
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    • pp.345-356
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    • 2016
  • In this study, auto-calibration method for water quality model was compared and analyzed using QUAL2Kw, which can estimate the optimum parameters through the integration of genetic algorithm and QUAL2K. The QUAL2Kw was applied to the Sum River which is greatly affected by the pollution loads of Wonju city. Two auto-calibration methods were examined: single parameter application for the whole river reach and separate parameter application for each reach of multiple reaches. The analysis about CV(RMSE) and fitness of the GA show that the separate parameter auto-calibration method is better than the single parameter method in the degree of precision. Thus the separate parameter auto-calibration method is applied to the water quality modelling of this study. The calibrated QUAL2Kw was used for the three scenarios for the water quality management of the Sum River, and the water quality impact on the river was analyzed. In scenario 1, which improve the effluent water quality of Wonju WWTP, BOD and TP concentrations of the Sum River 4-1 station which is representative one of Mid-Watershed, are decreased 17.7% and 29.1%, respectively. And immediately after joining the Wonjucheon, BOD and TP concentrations are decreased 50.4% and 40.5%, respectively. In scenario 2, Wonju water supply intake is closed and multi-regional water supply, which come from other watershed except the Sum River, is provided. The Sum River water quality in scenario 2 is slightly improved as the flow of the river is increased. Immediately after joining the Wonjucheon, BOD and TP concentrations are decreased 0.18mg/L and 0.0063mg/L, respectively. In scenario 3, the water quality management alternatives of scenario 1 and 2 are planned simultaneously, the Sum River water quality is slightly more improved than scenario 1. Water quality prediction of the three scenarios indicates that effluent water quality improvement of Wonju WWTP is the most efficient alternative in water quality management of the Sum River. Particularly the Sum River water quality immediately after joining the Wonjucheon is greatly improved. When Wonju water supply intake is closed and multi-regional water supply is provided, the Sum River water quality is slightly improved.

A Study about Development of Environment Printing Technology and $CO_2$ (환경 인쇄 기술의 발전과 인쇄물의 $CO_2$ 발생량에 관한 연구)

  • Lee, Mun-Hag
    • Journal of the Korean Graphic Arts Communication Society
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    • v.30 no.3
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    • pp.89-114
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    • 2012
  • For as to world, the concern about the environment problem is enhanced than any other time in the past because of being 21 century. And the environment problem is highlighted as the world-wide issue. The time of the environment problem intimidates the alive of the mankind and presence of an earth over the time. It becomes the essentiality not being selection in the personal living or the economical viewpoint now to prepare for the climatic modification. As to the company management, the green growth period which it excludes the environment management considering an environment, cannot carry on the company the continued management comes. That is, in the change center of the management paradigm, there is the environment management. Nearly, the greenhouse gas which the publication industry is the environmental toxic material like all industries is generated. The greenhouse gas is ejected in the process of running the manufacturing process and print shop of the various kinds material used as the raw material of the book. Particularly, the tree felling for getting the material of the paper is known to reach the direct influence on the global warming. This study does according to an object it considers and organizes the environment parameter based on this kind of fact as to the publication industry. And it is determined as the reference which is used as the basic materials preparing the case that carbon exhaust right transaction(CAP and TRADE) drawing are enforced in all industries and is sustainable the management of the publication industry and reduces the environmental risk among the company many risk management elements and plans and enforces the publication related policy that there is a value. In the printing publication industry, this study tried to inquire into elements discharging the environmental pollutant or the greenhouse gas. Additionally, in the printed publication production process, it tried to inquire into the effort for an environment-friendly and necessity at the printing paper and the printers ink, regarded as the element discharging the greenhouse gas all kinds of the printing materials, operation of the print shop and all kinds of the machines and recycle process, and etc. These considerations make these industrial field employees aware of the significance about a conservation and environmental protection. They try to give a help in the subsequent study producing quantitatively each environmental parameter emission of green house gas. This makes the calculation of the relative $CO_2$ output reproached ultimately possible. Meanwhile, in a sense, many research protects and improving an environment in connection with the contents of research at the printing publication industrial field is in progress. There will be the voluntary human face that it has to protect an environment but this can not do by the outside factor according to all kinds of environment related law and regulation. Anyway, because of acting on company management as the factor of oppression, the increase of this environment-related correspondence cost could know that the research that the environment loading relates with a procurement and development, environment management system introduction, quality control standard, including, normalizing including a material, and etc. through the part of the effort to reduce the cost low was actively in progress. As to the green growth era, as follows, this paper prescribed the subject and alternative of the print publication industry. It is surrounded by the firstly new digital environment and the generation of the subject. And secondly the printing industry is caused by the point of time when the green growth leaves by the topic which is largest in the global industry and it increases. The printing publication industry has to prepare the bridgehead for the environment-friendly green growth as the alternative for this resolution with first. The support blown in each industry becomes the obligation not being selection. Prestek in which the print publishing was exposed to spend many energies and which is known as the practice of the sustainable print publishing insisted that it mentioned importance of the green printing through the white pages in 2008 and a company had to be the green growth comprised through the environment-friendly activity. The core management for the sustainable printing publication industry presented from Presstack white pages is compacted to 4 words that it is a remove, reduce, recover, and recycle. Second, positively the digital printing(POD) system should be utilized. In the worldwide print out market, the digital printing area stops at the level of 10% or so but the change over and growth of the market of an analog-to-digital will increase rapidly in the future. As to the CEO Jeff Hayes of the Infoland, the offset print referred to that it of the traditional method got old and infirm with the minor phase of the new printing application like the customer to be wanted publication and the print of the digital method led the market. In conclusion, print publishers have to grasp well the market flow in the situation where a digitalization cannot be generalized and a support cannot avoid. And it keeps pace with the flow of the digital age and the recognition about the effort for the development and environment problem have to be raised. Particularly, the active green strategy is employed for the active green strategy.

A Kalman Filter based Video Denoising Method Using Intensity and Structure Tensor

  • Liu, Yu;Zuo, Chenlin;Tan, Xin;Xiao, Huaxin;Zhang, Maojun
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.8 no.8
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    • pp.2866-2880
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    • 2014
  • We propose a video denoising method based on Kalman filter to reduce the noise in video sequences. Firstly, with the strong spatiotemporal correlations of neighboring frames, motion estimation is performed on video frames consisting of previous denoised frames and current noisy frame based on intensity and structure tensor. The current noisy frame is processed in temporal domain by using motion estimation result as the parameter in the Kalman filter, while it is also processed in spatial domain using the Wiener filter. Finally, by weighting the denoised frames from the Kalman and the Wiener filtering, a satisfactory result can be obtained. Experimental results show that the performance of our proposed method is competitive when compared with state-of-the-art video denoising algorithms based on both peak signal-to-noise-ratio and structural similarity evaluations.

An Analysis of Ecosystem Service's trade-off through Systems Thinking (시스템 사고를 통한 생태계서비스의 trade-off 관계 고찰)

  • Ham, Eun Kyung;Kim, Min;Chon, Jinhyung
    • Korean System Dynamics Review
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    • v.16 no.2
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    • pp.75-100
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    • 2015
  • The purpose of this study is to analyze causation of Ecosystem service's trade-off(ES trade-off) and to establish baseline data for wise spatial planning and management. In order to understand why and how ES trade-off occurs, systems thinking and causal loops were employed. The causal loop of ecosystem service creation cycle includes profits quantification process, decision making process, spatial planning and management process, and ecosystem services creation process. The profits quantification process has a limitation that all ecosystem service categories were not included in profits quantification, because quantification method for cultural services is insufficient. These problems led to unequal discussion opportunity in decision making process. ES trade-off occurs through transition of ecosystem function in spatial scale and temporal scale. In spatial scale, land-use variation and resource-use variation contribute to change an ecosystem function for different ES category by spatial planning and management. In temporal scale, a change of an ecosystem function for different ES category is influenced by ecological succession, seasonal change and land cover variation, which are parameter from environmental features. This study presented that spatial planning and management should ecosystem service assessment in order to enhance balanced ecosystem services.

A case of corporate failure prediction

  • Shin, Kyung-Shik;Jo, Hongkyu;Han, Ingoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1996.10a
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    • pp.199-202
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    • 1996
  • Although numerous studies demonstrate that one technique outperforms the others for a given data set, there is often no way to tell a priori which of these techniques will be most effective to solve a specific problem. Alternatively, it has been suggested that a better approach to classification problem might be to integrate several different forecasting techniques by combining their results. The issues of interest are how to integrate different modeling techniques to increase the prediction performance. This paper proposes the post-model integration method, which means integration is performed after individual techniques produce their own outputs, by finding the best combination of the results of each method. To get the optimal or near optimal combination of different prediction techniques. Genetic Algorithms (GAs) are applied, which are particularly suitable for multi-parameter optimization problems with an objective function subject to numerous hard and soft constraints. This study applied three individual classification techniques (Discriminant analysis, Logit and Neural Networks) as base models to the corporate failure prediction context. Results of composite prediction were compared to the individual models. Preliminary results suggests that the use of integrated methods will offer improved performance in business classification problems.

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The Hybrid Systems for Credit Rating

  • Goo, Han-In;Jo, Hong-Kyuo;Shin, Kyung-Shik
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.163-173
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    • 1997
  • Although numerous studies demonstrate that one technique outperforms the others for a given data set, it is hard to tell a priori which of these techniques will be the most effective to solve a specific problem. It has been suggested that the better approach to classification problem might be to integrate several different forecasting techniques by combining their results. The issues of interest are how to integrate different modeling techniques to increase the predictive performance. This paper proposes the post-model integration method, which tries to find the best combination of the results provided by individual techniques. To get the optimal or near optimal combination of different prediction techniques, Genetic Algorithms (GAs) are applied, which are particularly suitable for multi-parameter optimization problems with an object function subject to numerous hard and soft constraints. This study applies three individual classification techniques (Discriminant analysis, Logit model and Neural Networks) as base models for the corporate failure prediction. The results of composite predictions are compared with the individual models. Preliminary results suggests that the use of integrated methods improve the performance of business classification.

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