• Title/Summary/Keyword: Risk Estimation

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Implementation of Fire Risk Estimation System for various Fire Situations using Multiple Sensors (다중 센서들을 이용한 다양한 화재 상황의 위험도 추정 시스템 개발)

  • Lee, Kwangjae;Lee, Youn-Sung
    • Journal of Sensor Science and Technology
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    • v.25 no.6
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    • pp.394-398
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    • 2016
  • In this paper, a fire detection system based on quantitative risk estimation is presented. Multiple sensors are used to build a comprehensive indicator that represents the risk of fire quantitatively. The proposed fire risk estimation method consists of two stages which determines the occurrence of fire and estimates the toxicity of the surveillance area. In the first stage, fire is reliably detected under diverse fire scenarios. The risk of fire is estimated in the second stage. Applying Purser's Fractional Effective Dose (FED) model which quantitates harmfulness of toxic gases, the risk of the surveillance area and evacuation time are calculated. A fire experiment conducted using four different types of combustion materials for the verification of the system resulted in a maximum error rate of 12.5%. By using FED calculation and risk estimation methods, the proposed system can detect various signs of fire faster than conventional systems.

A Study on the Maintenance Cost Estimation Model for Application Software by Considering Risks (위험을 고려한 응용소프트웨어의 유지관리비용 산정모델에 관한 연구)

  • Jeong, Hyung Jong;Koo, Eun Young;Han, Kyeong Seok
    • Journal of Information Technology Services
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    • v.14 no.3
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    • pp.67-84
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    • 2015
  • Software is more diverse and complex and the level of importance for the maintenance of application software to securely operate software is also gradually increasing in proportion. The calculation method for maintenance cost of application software applied in Korea public enterprises is involved in the range of 10 to 15% of development cost, depending on the Software Project Cost Estimation Guide. Moreover, as most software maintenance cost estimation procedures do not take into consideration of the risk factors related of maintenance, it can be seen as a main cause for the occurrence of maintenance related accidents. This study proposes a maintenance cost estimate model that takes into consideration of the risks related to the software maintenance activities to improve and resolve issues arising from the estimation of maintenance cost. In doing so, maintenance risk factors are analyzed and a risk index is derived through the analysis of risk levels based on the risk factors. Based on such analysis, a maintenance cost estimate method which reflects the maintenance risk index was established.

Quantitative Estimation of Firm's Risk from Supply Chain Perspective (공급사슬 관점에서 기업 위험의 계량적 추정)

  • Park, Keun-Young;Han, Hyun-Soo
    • Journal of Information Technology Applications and Management
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    • v.22 no.2
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    • pp.201-217
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    • 2015
  • In this paper, we report computational testing result to examine the validity of firm's bankruptcy risk estimation through quantification of supply chain risk. Supply chain risk in this study refers to upstream supply risk and downstream demand risk, To assess the firm's risk affected by supply chain risk, we adopt unit of analysis as industry level. since supply and demand relationships of the firm could be generalized by the industry input-output table and the availability of various valid economic indicators which are chronologically calculated. The research model to estimate firm's risk level is the linear regression model to assess the industry bankruptcy risk estimation of the focal firm's industry with the independent variables which could quantitatively reflect demand and supply risk of the industry. The publicly announced macro economic indicators are selected as the candidate independent variables and validated through empirical testing. To validate our approach, in this paper, we confined our research scope to steel industry sector and its related industry sectors, and implemented the research model. The empirical testing results provide useful insights to further refine the research model as the valid forecasting mechanism to capture firm's future risk estimation more accurately by adopting supply chain industry risk aspect, in conjunction with firm's financial and other managerial factors.

Minimum risk point estimation of two-stage procedure for mean

  • Choi, Ki-Heon
    • Journal of the Korean Data and Information Science Society
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    • v.20 no.5
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    • pp.887-894
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    • 2009
  • The two-stage minimum risk point estimation of mean, the probability of success in a sequence of Bernoulli trials, is considered for the case where loss is taken to be symmetrized relative squared error of estimation, plus a fixed cost per observation. First order asymptotic expansions are obtained for large sample properties of two-stage procedure. Monte Carlo simulation is carried out to obtain the expected sample size that minimizes the risk and to examine its finite sample behavior.

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A Probabilistic Risk-based Cost Estimation Model for Initial-Stage Decision Making on Apartment Remolding Projects (공동주택 리모델링 초기 단계 의사결정을 위한 확률론적 리스크 기반 비용 예측 모델 개발)

  • Lee, Dong-gun;Cha, Heesung
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.2
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    • pp.70-79
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    • 2016
  • The current remodeling cost estimation process is not only dependent on the historical data of new building construction, but it also has a poor linkage with risk-based estimation approach. As such, there is a high risk of falling short of initial budget. To overcome this, a risk-based estimation approach is necessary by providing a probabilistic estimation in consideration of the potential risk factors in conducting the remodeling projects. In addition, the decision-making process should be linked with the risk-based estimation results in stead of intuitive and/or experience-based estimation. This study provides a probabilistic estimation process for residential remodeling projects by developing a detailed methodology in which a step-by-step approach can be achieved. The new proposed estimation approach can help in decision-making for remodeling projects in terms of whether to proceed or not, by effectively reflecting the potential risk factors in the early stage of the project. In addition, the study can enhance the reliability of the estimation results by developing a sustainable estimation process model where a risk-based evaluation can be accomplished by setting up the cost-risk relationship database structure.

Collision Risk Probability Considerations for Small Divided Areas

  • Guk, Seung-Gi;Fukuda, Gen
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2013.10a
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    • pp.387-389
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    • 2013
  • In order to determine the collision risk, the probability estimation is very important part for accurate risk estimation. Recently, the collision risk at the Busan North Port is studied for making the risk map by authors. The result has been found some connections with previous collision places. For more precise estimation, the probability calculation is necessary. Recently the Bayesian matrix is mainly used for calculating the probabilities. Also considering the oil spill risk with tankers, ships' speed, relative angle and ships' size are key aspect whether breaking the double hull or not. This research presents the way of estimating the probabilities not her research and also the collision risk probability considerations for small divided areas.

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A Generalized Partly-Parametric Additive Risk Model

  • Park, Cheol-Yong
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.2
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    • pp.401-409
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    • 2006
  • We consider a generalized partly-parametric additive risk model which generalizes the partly parametric additive risk model suggested by McKeague and Sasieni (1994). As an estimation method of this model, we propose to use the weighted least square estimation, suggested by Huffer and McKeague (1991), for Aalen's additive risk model by a piecewise constant risk. We provide an illustrative example as well as a simulation study that compares the performance of our method with the ordinary least squares method.

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Vision-Based Obstacle Collision Risk Estimation of an Unmanned Surface Vehicle (무인선의 비전기반 장애물 충돌 위험도 평가)

  • Woo, Joohyun;Kim, Nakwan
    • Journal of Institute of Control, Robotics and Systems
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    • v.21 no.12
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    • pp.1089-1099
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    • 2015
  • This paper proposes vision-based collision risk estimation method for an unmanned surface vehicle. A robust image-processing algorithm is suggested to detect target obstacles from the vision sensor. Vision-based Target Motion Analysis (TMA) was performed to transform visual information to target motion information. In vision-based TMA, a camera model and optical flow are adopted. Collision risk was calculated by using a fuzzy estimator that uses target motion information and vision information as input variables. To validate the suggested collision risk estimation method, an unmanned surface vehicle experiment was performed.

Some Properties of Sequential Point Estimation of the Mean

  • Choi, Ki-Heon
    • Journal of the Korean Data and Information Science Society
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    • v.16 no.3
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    • pp.657-663
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    • 2005
  • Under the minimum risk point estimation formulation of Robbins(1959), we consider the sequential point estimation problem for normal population $N({\theta},\;{\theta})$ with unknown parameter ${\theta}$. In the case of completely unknown ${\theta}$, Stein's(1945) two-stage procedure is known to enjoy the consistency property, but it is not even first-order efficient. In the case when ${\theta}>{\theta}_L\;where\;{\theta}_L(>0)$ is known, the revised two-stage procedure is shown to enjoy all the usual second-order properties.

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Risk Analysis Method Applied to Train Control Systems for Safety Assurance (열차제어시스템 안전성 확보를 위한 위험도 분석 방법 적용)

  • Jo, Hyun-Jeong;Hwang, Jong-Gyu
    • Journal of the Korean Society of Safety
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    • v.22 no.5
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    • pp.71-76
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    • 2007
  • Failures of equipments for train control systems are linked directly to extensive damages of human lives or financial losses from the increasing uses of train control equipments utilizing computers. Then safety activities for assuring safety and reliability are needed during the system life-cycle. Risk analysis is important phase to increase safety from determining the risk presented by the identified hazard. In this paper, we investigated several methods for risk estimation of safety activities, and then we drew a comparison between original methods to suggest optimized one in the application to train control systems. In the result of the comparison, we had plan to propose the risk analysis method called Best-Practice(BP) risk method combining advantages of the qualitative and the quantitative analysis. In addition, we attempted to apply the BP-risk method to domestic train control systems handling in Korea.