• Journal of the Korea Safety Management & Science
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• v.10 no.2
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• pp.71-83
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• 2008

Most researches on the corporate credit rating are generally classified into the area of bankruptcy prediction and bond rating. The studies on bankruptcy prediction have focused on improving the performance in binary classification problem, since the criterion variable is categorical, bankrupt or non-bankrupt. The other studies on bond rating have predicted the credit ratings, which was already evaluated by bond rating experts. The financial institute, however, should perform effective loan evaluation and risk management by employing the corporate credit rating model, which is able to determine the credit of corporations. Therefore, in this study we present a medium sized corporate credit rating system by using Artificial Neural Network(ANN) and Analytical Hierarchy Process(AHP). Also, we developed AHP model for credit rating using non-financial information. For the purpose of completed credit rating model, we integrated the ANN and AHP model using both financial information and non-financial information. Finally, the credit ratings of each firm are assigned by the proposed method.

• The Journal of Information Systems
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• v.16 no.3
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• pp.1-20
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• 2007

Most researches on the corporate credit rating are generally classified into the area of bankruptcy prediction and bond rating. The studies on bankruptcy prediction have focused on improving the performance in binary classification problem, since the criterion variable is categorical, bankrupt or non-bankrupt. The other studies on bond rating have predicted the credit ratings, which was already evaluated by bond rating experts. The financial institute, however, should perform effective loan evaluation and risk management by employing the corporate credit rating model, which is able to determine the credit of corporations. Therefore, this study presents a corporate credit rating method using business failure probability map(BFPM) and AHP(Analytic Hierarchy Process). The BFPM enables us to rate the credit of corporations according to business failure probability and data distribution or frequency on each credit rating level. Also, we developed AHP model for credit rating using non-financial information. For the purpose of completed credit rating model, we integrated the BFPM and the AHP model using both financial and non-financial information. Finally, the credit ratings of each firm are assigned by our proposed method. This method will be helpful for the loan evaluators of financial institutes to decide more objective and effective credit ratings.

• Smart Structures and Systems
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• v.32 no.6
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• pp.371-382
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• 2023

Box girder bridges are now widely used in bridge construction, and it is necessary to perform load rating regularly to evaluate the load capacity of box girder bridges. Load testing is a common measure for load rating. However, the bridge must be loaded by many trucks under different loading conditions, which is time-consuming and laborious. To solve this problem, this paper proposes a load rating method for box girder bridges based on rapid moving loads testing. The method includes three steps. First, the quasi-influence factors of the bridge are obtained by crossing the bridge with rapidly moving loads, and the structural modal parameters are simultaneously obtained from the dynamic data to supplement. Second, an objective function is constructed, consisting of the quasi-influence factors at several measurement points and structural modal parameters. The finite element model for load rating is then updated based on the Rosenbrock method. Third, on this basis, a load rating method is proposed using the updated model. The load rating method proposed in this paper can considerably reduce the time duration of traditional static load testing and effectively utilize the dynamic and static properties of box girder bridges to obtain an accurate finite element model. The load capacity obtained based on the updated model can avoid the inconsistency of the evaluation results for the different structural members using the adjustment factors specified in codes.

• Journal of environmental and Sanitary engineering
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• v.23 no.4
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• pp.83-93
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• 2008

The non-linear least squares model(NLSM) has long been the standard technique used by hydrologists for constructing rating curves. The reasons for its adaptation are vague, and its appropriateness as a method of describing discharge measurement uncertainty has not been well investigated. It is shown in this paper that the classical method of NLSM can model only a very limited class of variance heterogeneity. Furthermore, this lack of flexibility often leads to unaccounted heteroscedasticity, resulting in dubious values for the rating curve parameters and estimated discharge. By introducing a heteroscedastic maximum likelihood model(HMLM), the variance heterogeneity is treated more generally. The maximum likelihood model stabilises the variance better than the NLSM approach, and thus is a more robust and appropriate way to fit a rating curve to a set of discharge measurements.

• Journal of Information Technology Applications and Management
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• v.14 no.2
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• pp.151-168
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• 2007

The corporate credit rating represents an assessment of the relative level of risk associated with the timely payments required by the debt obligation. In this study, the corporate credit rating model employs artificial intelligence methods including Neural Network (NN) and Case-Based Reasoning (CBR). At first we suggest three classification models, as partitioned neural networks, all of which convert multi-group classification problems into two group classification ones: Ordinal Pairwise Partitioning (OPP) model, binary classification model and simple classification model. The experimental results show that the partitioned NN outperformed the conventional NN. In addition, we put to use CBR that is widely used recently as a problem-solving and learning tool both in academic and business areas. With an advantage of the easiness in model design compared to a NN model, the CBR model proves itself to have good classification capability through the highest hit ratio in the corporate credit rating.

• Journal of Environmental Science International
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• v.13 no.9
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• pp.759-765
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• 2004

HEC-RAS model is used for estimation of rating-curve of Musung in Wi stream. Discharge is computed from stage estimated by HEC-RAS model, is compared with the discharge of water surface slope method. The relative deviation of observed and computed discharge is 5.37%, and shows as a good results. A rating-curve by HEC-RAS model shows better results than by water surface slope method.

• Proceedings of the Korean Geotechical Society Conference
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• 2000.11a
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• pp.493-500
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• 2000

Rock Mass Rating has been widely applied to the underground tunnel excavation and many other practical problems in rock engineering. However, Rock Mass Rating is hard to make out because it is difficult to estimate each valuation items through all kind of field situations and items of RMR have interdependence. So the experts of tunnel assessment have problems with rating rock mass. In this study, using multivariate analysis based on domestic data(1011EA) of water conveyance tunnel, we presented rock mass rating system which is objective and easy to use. The constituents of RMR are decided to RQD, condition of discontinuities, groundwater conditions, orientation of discontinuities, intact rock strength, spacing of discontinuities in important order. In each step, we proposed the best multiple regression model for RMR system. And using data which have been collected at other site, we examined that presented multiple regression model was useful.

• Proceedings of the Korean Society of Computer Information Conference
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• 2013.07a
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• pp.319-320
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• 2013

In these days, an individual is evaluated by his or her credit. So, it is very critical for an individual to know his or her credit rating and then to try to improve the credit rating. But, there are few services to analyze credit status for an individual and inform the person of the credit. In fact, it could be impossible to let a person know how to improve his or her credit rating. Against this backdrop, we research on a credit management model to analyze credit status of an individual rapidly and propose individual-customized method to improve the credit rating. We set up the model and design it in detail. This servie would certainly make it convenient for an individual to retrieve credit rating and improve it.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 1990.04a
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• pp.37-43
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• 1990

This paper develops practical models and methods for the assessment of safety and rating of damaged and/or deteriorated bridges by incorporating a system identification technique for the explicit inclusion of the degree of deterioration or damage and of the actual bridge response. And, based on the proposed model, reliability-based rating methods are proposed as LRFR(Load and Resistance Factor Rating) and system reliability-index rating criteria. The proposed limit state model explicitly accounts for the degree of deterioration or damage in terms of the damage and response factors. The damage factor in the paper is proposed as the ratio of the current stiffness to the intact stiffness. Based on the observation and the results of applications to existing bridges, it may be concluded that the proposed rating models, which explicitly account for the uncertainties and the effects of degree of deterioration or damage based on the system identification technique, provide more realistic and consistent safety-assessment and capacity-rating.

• Knowledge Management Research
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• v.23 no.1
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• pp.187-201
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• 2022

Online reviews written by tourists provide important information for the management and operation of the tourism industry. The star rating of online reviews is a simple quantitative evaluation of a product or service, but it is difficult to reflect the sincere attitude of tourists. There is also an issue; the star rating and review content are not matched. In this study, a star rating prediction model based on online review content was proposed to solve the discrepancy problem. We compared the differences in star ratings and sentiment by continent through sentiment analysis on tourist attractions and hotels written by foreign tourists who visited Korea. Variables were selected through TF-IDF vectorization and sentiment analysis results. Logit, artificial neural network, and SVM(Support Vector Machine) were used for the classification model, and artificial neural network and SVR(Support Vector regression) were applied for the rating prediction model. The online review rating prediction model proposed in this study could solve inconsistency problems and also could be applied even if when there is no star rating.