• Title/Summary/Keyword: Risk Sharing

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Comparison of Success Rates of Supply Chain Contract using Simulation (시뮬레이션을 이용한 공급사슬 계약 성사율 비교)

  • Gao, Yang;Seo, Dong-Won
    • Journal of the Korea Society for Simulation
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    • v.31 no.1
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    • pp.19-27
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    • 2022
  • This study compares and analyzes wholesale(or price-only) contract, revenue-sharing contract, quantity-flexibility contract, and channel-rebate contract in a decentralized supply chain consisting of one supplier and one retailer. By setting the parameters of each coordination contract based on the previous results, we conduct simulations using @RISK for several combinations of these parameters. Under the supply chain coordination, we evaluate the probability of successfully signing a contract and the participant in favor of each contract. As a result, the quantity-flexibility contracts is most advantageous for the retailer and the channel-rebate contracts is most advantageous for the supplier. It revealed that revenue-sharing contracts can be used more flexibly because they can be selected in the widest range to redistribute profits between supplier and retailer.

Proposal for Government Quality Assurance Risk Assessment System for Military Supplies (군수품 정부품질보증 위험성 평가제도 개선을 위한 제언)

  • Namsu Ahn
    • Journal of Korean Society for Quality Management
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    • v.51 no.2
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    • pp.155-170
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    • 2023
  • Purpose: Nowadays, the risk assessment system is widely used in many industrial and public areas to reduce the possible risks. The system is used to determine the priorities of the government quality assurance works in Defense Agency for Technology and Quality. However, as the risk assessment system is used for other purposes, there are some items that need improvement, and in this study, we propose improvement plans by benchmarking the risk assessment systems of other institutions. Methods: In this paper, first, the procedures of risk assessment system used in many industrial sites were reviewed, and how each institution specialized and applied the system. Afterwards, by benchmarking various risk assessment systems, an improvement plan on how to operate the risk assessment system in the case of government quality assurance for centrally procured military supplies was presented, and practical application cases were presented to prove the usefulness of the improvement plan. Results: The proposed risk assessment system differs from the existing system in five major aspects. First, inputs, outputs, and key performance indicators were specified from the systematic point of view. Second, risk analysis was analyzed in four dimensions: probability of occurrence, impact, detection difficulty. Third, risk mitigation measures were classified, control, transfer, and sharing. Fourth, the risk mitigation measures were realized through document verification, product verification, process verification, and quality system evaluation. Finally, risk mitigation measures were implemented and the effectiveness of the risk mitigation measures was evaluated through effectiveness evaluation. Conclusions: In order for the risk assessment procedure proposed in this study to be applied to actual work, it is necessary to obtain the consent of the person involved in the work due to the increased time for risk identification and preparation of the government quality assurance log, and a change in the information system that performs the actual work is required. Therefore, the authors of this study plan to actively perform internal seminar presentations and work improvement suggestions to apply these research outputs to actual work.

Development and Application of a Sensemaking Approach to Community-based Disaster Risk Governance

  • Choi, Choongik;Tatano, Hirokazu;Choi, Junho
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.1
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    • pp.289-301
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    • 2019
  • This paper explores community-based flood disaster risk governance by applying a sensemaking approach. The conceptual sensemaking framework consists of individual experience, dialogue, and socialization components, which together comprise an interconnected system. This study presents a method for applying this framework by using a concerns table and a SWOT analysis to examine the concerns of residents living in a flood plain. A series of community-based workshops on flood risk reduction was conducted with residents of the flood-prone Muraida community in Shiga Prefecture, Japan. During the workshops, residents' concerns regarding flood risk surfaced. This study used an idiographic approach to examine the proceedings of the workshops. SWOT issue analysis was used to examine the strengths and weaknesses in the Muraida community's internal capacities, and examine the opportunities and threats in the external capacities (e.g., local government). Additionally, a SWOT strategy analysis was conducted to identify strategies for knowledge sharing and development of cooperative countermeasures that can be undertaken between the Muraida community and the local government. The results show that the concerns table can not only summarize the main concerns of all workshops, but also provide an understanding of alternative flood risk countermeasures that can be carried out.

A Study on the Application Effect of Risk Assessment System for Rail Accidents (철도사고 위험도 산정 시스템 적용 효과에 대한 고찰)

  • Shin, Hyoung-Jin;Han, Sang-Bok;Yun, Gyeong-Cheol;Heo, Nam-Gyu;Kim, Chan-Soo
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.2941-2948
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    • 2011
  • Rialway passengers and public, workers typically have high potential on death and injury accidents, because they are to be frequently adjacent to train or train operation. In order to effectively reduce the risks associated with the passengers, the public, and the workers, a systematic risk assessment should be performed to evaluate the hazards that contribute to the accidents. This paper describes the effect of risk assessment web base system and the extension need of the classification of "The regulation of railway accident report and information in Korea", application for national or railway safety operator, sharing railway safety information.

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Experiment on countermeasures against cyber security vulnerabilities using redundancy of ISO 19847 Shipboard Data Server (ISO 19847 선박 데이터 서버 이중화를 통한 사이버 보안 취약성 대응 방안 실험)

  • Lee, ChangUi;Lee, Seojeong
    • Journal of Korea Multimedia Society
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    • v.25 no.6
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    • pp.793-806
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    • 2022
  • As the IMO introduced MASS (Maritime Autonomous Surface Ships), ISO(International Organization for Standardization) announced ISO 19847 of a maritime data sharing standard for collecting and remotely managing data of ship systems. Previous literature evaluated the risk using HAZOP for ISO 19847 and proved that risk assessment is useful through experiments. However, redundancy of ISO 19847 ship data server which is one of the risk reduction method suggested in previous literature, was designed but couldn't tested due to the limitations of the conditions. So, in this study, to prove the usefulness of the ship data server redundancy of ISO 19847 which was not tested in previous literature. It based on the design of previous literature, and the network of ship data servers was modeled using the SES/DEVS format and simulated using the DEVS# open source library.

Service Model Standardization of Risk Mitigation on Livestock Pandemic based on Network (네트워크 기반에서 가축 유행병 위기 완화 서비스 모델 표준화)

  • Kim, Dong Il;Chung, Hee Chang
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2022.05a
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    • pp.450-452
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    • 2022
  • In this paper, we present a standard model of livestock epidemic service in the field of smart livestock, which is emerging as an important issue in smart agriculture. By using the network to identify the global livestock epidemic disease risk and provide relevant models to service users, it is expected that it will actually provide economic benefits to livestock owners and ultimately help the national livestock industry economy. In order to apply the standard livestock epidemic service standard model and the livestock infectious disease crisis mitigation standard model sharing method that is presented in conjunction with ICT to the standards in the domestic and international agricultural and livestock industries in the future, continuous research will be carried out.

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Spreadsheet Model Approach for Buffer-Sharing Fork-Join Production Systems with General Processing Times and Structure (일반 공정시간과 구조를 갖는 버퍼 공유 분기-접합 생산시스템의 스프레드시트 모형 분석)

  • Seo, Dong-Won
    • Journal of the Korea Society for Simulation
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    • v.28 no.3
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    • pp.65-74
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    • 2019
  • For many years, it has been widely studied on fork-join production systems but there is not much literature focusing on the finite buffer(s) of either individuals or shared, and generally distributed processing times. Usually, it is difficult to handle finite buffer(s) through a standard queueing theoretical approach. In this study, by using the max-plus algebraic approach we studied buffer-shared fork-join production systems with general processing times. However, because it cannot provide proper computational ways for performance measures, we developed simulation models using @RISK software and the expressions derived from max-plus algebra. From the simulation experiments, we compared some properties on waiting time with respect to a buffer capacity under two blocking policies: BBS (Blocking Before Service) and BAS (Blocking After Service).

A Study on the Algorithms of One-way Transmission for Stable Data Sharing (안정적인 데이터 공유를 위한 일방향 전송 알고리즘에 대한 연구)

  • Kang, Min Kyung;Koh, Keun Ho;Ahn, Seong Jin
    • Convergence Security Journal
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    • v.16 no.7
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    • pp.61-68
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    • 2016
  • As many high-tech researches are shown in various field by sharing data via computer network, a necessity for stable data-sharing environment has suggested steadily. This research covers one-way communication protocol which is newly developed through the necessity. In this protocol, data is transmitted only in one way. One-way transmission has strong possibility to protect system from uncertain and potential risk, but it is impossible to receive ACK(Acknowledge Character) packet about data. Therefore, we need to find a way which duplex protocol such as TCP, ICMP works properly and practical communication falls under one-way transmission environment. To conclude, we analysed possible scenario in each protocol from three layers - interface layer, internet layer and transmission layer and approached how to resolve the problem in each way.

A Study on the Application of Block Chain Ethereum Technology to Activate Digital Contents Trading as Sharing economy - data encryption and modify merkle tree-

  • Min, Youn-a;Baek, Yeong-Tae
    • Journal of the Korea Society of Computer and Information
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    • v.23 no.10
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    • pp.73-80
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    • 2018
  • The shared economy began with the concept of sharing the physical and intellectual assets of individuals with others. Nowadays, the concept of shared economy is becoming one of the industries as an enterprise type. Especially, with the development of the Internet and smart devices, various forms of shared economy have been developed in accordance with the need of sharing of individual income. Digital content is also a shareable commodity and it is seeking to utilize it as an item of shared economy. Accordingly, when digital contents are used as a shared economy, there are various possible threats -security threats that may arise in the course of transactions, potential for theft, alteration and hacking of contents. In this paper, we propose transaction method and content protection method using block chain-ethereum technology to reduce security threats and transparent transactions that can occur in digital contents transactions. Through the proposed method, the trust of the consumer and the supplier can be measured and the encryption can be performed considering the characteristics of the data to be traded. Through this paper, it is possible to increase the transparency of smart transaction of digital contents and to reduce the risk of content distortion, hacking, etc.

Variation in wind load and flow of a low-rise building during progressive damage scenario

  • Elshaer, Ahmed;Bitsuamlak, Girma;Abdallah, Hadil
    • Wind and Structures
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    • v.28 no.6
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    • pp.389-404
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    • 2019
  • In coastal regions, it is common to witness significant damages on low-rise buildings caused by hurricanes and other extreme wind events. These damages start at high pressure zones or weak building components, and then cascade to other building parts. The state-of-the-art in experimental and numerical aerodynamic load evaluation is to assume buildings with intact envelopes where wind acts only on the external walls and correct for internal pressure through separate aerodynamic studies. This approach fails to explain the effect of openings on (i) the external pressure, (ii) internal partition walls; and (iii) the load sharing between internal and external walls. During extreme events, non-structural components (e.g., windows, doors or rooftiles) could fail allowing the wind flow to enter the building, which can subject the internal walls to lateral loads that potentially can exceed their load capacities. Internal walls are typically designed for lower capacities compared to external walls. In the present work, an anticipated damage development scenario is modelled for a four-story building with a stepped gable roof. LES is used to examine the change in the internal and external wind flows for different level of assumed damages (starting from an intact building up to a case with failure in most windows and doors are observed). This study demonstrates that damages in non-structural components can increase the wind risk on the structural elements due to changes in the loading patterns. It also highlights the load sharing mechanisms in low rise buildings.