• Title/Summary/Keyword: Technology Forecasting

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Determination and Evaluation of Optimal Parameters in Storage Function Method using SCE-UA (SCE-UA를 이용한 저류함수모형 최적 매개변수 선정 및 평가)

  • Chung, Gunhui;Park, Hee-Seong;Sung, Ji Youn;Kim, Hyeon-Jun
    • Journal of Korea Water Resources Association
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    • v.45 no.11
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    • pp.1169-1186
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    • 2012
  • Storage function method has been used for flood forecasting in the major rivers in Korea, however, the researches on the relationship between the parameters and runoff characteristics was not sufficient. In addition, there has been a controversy about the optimized parameters without the consideration of the physical characteristics of the basin. Therefore, in this study, the SCE-UA method is used to optimize the parameters and the proposed method was applied with two stage optimization in the Jeongseon and Yeongwol watersheds located in the most upstream in the South Han river. The contour map was developed to investigate parameters and the error surface calculated from the runoff. The proposed parameters is to provide a range of the possible parameter set in a watershed, rather than a specific value. However, the applicability is examined using the average value of the proposed ranged parameters. In this study, the criticism about the optimization technique to find an optimal value having no physical meaning on a watershed is tried to avoid. The objective of this study is to provide a range of parameters for the flood forecasting model and the intuition about the behavior of the parameters, so the efficiency of flood forecasting is increased.

A study on the forecasting biomass according to the changes in fishing intensity in the Korean waters of the East Sea (한국 동해 생태계의 어획강도 변화에 따른 자원량 예측 연구)

  • LIM, Jung-Hyun;SEO, Young-Il;ZHANG, Chang-Ik
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.54 no.3
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    • pp.217-223
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    • 2018
  • Overfishing capacity has become a global issue due to over-exploitation of fisheries resources, which result from excessive fishing intensity since the 1980s. In the case of Korea, the fishing effort has been quantified and used as an quantified index of fishing intensity. Fisheries resources of coastal fisheries in the Korean waters of the East Sea tend to decrease productivity due to deterioration in the quality of ecosystem, which result from the excessive overfishing activities according to the development of fishing gear and engine performance of vessels. In order to manage sustainable and reasonable fisheries resources, it is important to understand the fluctuation of biomass and predict the future biomass. Therefore, in this study, we forecasted biomass in the Korean waters of the East Sea for the next two decades (2017~2036) according to the changes in fishing intensity using four fishing effort scenarios; $f_{current}$, $f_{PY}$, $0.5{\times}f_{current}$ and $1.5{\times}f_{current}$. For forecasting biomass in the Korean waters of the East Sea, parameters such as exploitable carrying capacity (ECC), intrinsic rate of natural increase (r) and catchability (q) estimated by maximum entropy (ME) model was utilized and logistic function was used. In addition, coefficient of variation (CV) by the Jackknife re-sampling method was used for estimation of coefficient of variation about exploitable carrying capacity ($CV_{ECC}$). As a result, future biomass can be fluctuated below the $B_{PY}$ level when the current level of fishing effort in 2016 maintains. The results of this study are expected to be utilized as useful data to suggest direction of establishment of fisheries resources management plan for sustainable use of fisheries resources in the future.

Prediction of the price for stock index futures using integrated artificial intelligence techniques with categorical preprocessing

  • Kim, Kyoung-jae;Han, Ingoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1997.10a
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    • pp.105-108
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    • 1997
  • Previous studies in stock market predictions using artificial intelligence techniques such as artificial neural networks and case-based reasoning, have focused mainly on spot market prediction. Korea launched trading in index futures market (KOSPI 200) on May 3, 1996, then more people became attracted to this market. Thus, this research intends to predict the daily up/down fluctuant direction of the price for KOSPI 200 index futures to meet this recent surge of interest. The forecasting methodologies employed in this research are the integration of genetic algorithm and artificial neural network (GAANN) and the integration of genetic algorithm and case-based reasoning (GACBR). Genetic algorithm was mainly used to select relevant input variables. This study adopts the categorical data preprocessing based on expert's knowledge as well as traditional data preprocessing. The experimental results of each forecasting method with each data preprocessing method are compared and statistically tested. Artificial neural network and case-based reasoning methods with best performance are integrated. Out-of-the Model Integration and In-Model Integration are presented as the integration methodology. The research outcomes are as follows; First, genetic algorithms are useful and effective method to select input variables for Al techniques. Second, the results of the experiment with categorical data preprocessing significantly outperform that with traditional data preprocessing in forecasting up/down fluctuant direction of index futures price. Third, the integration of genetic algorithm and case-based reasoning (GACBR) outperforms the integration of genetic algorithm and artificial neural network (GAANN). Forth, the integration of genetic algorithm, case-based reasoning and artificial neural network (GAANN-GACBR, GACBRNN and GANNCBR) provide worse results than GACBR.

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Developing drilling rate index prediction: A comparative study of RVR-IWO and RVR-SFL models for rock excavation projects

  • Hadi Fattahi;Nasim Bayat
    • Geomechanics and Engineering
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    • v.36 no.2
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    • pp.111-119
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    • 2024
  • In the realm of rock excavation projects, precise estimation of the drilling rate index stands as a pivotal factor in strategic planning and cost assessment. This study introduces and evaluates two pioneering computational intelligence models designed for the prognostication of the drilling rate index, a pivotal parameter with direct implications for cost estimation in rock excavation projects. These models, denoted as the Relevance Vector Regression (RVR) optimized with the Invasive Weed Optimization algorithm (IWO) (RVR-IWO model) and the RVR integrated with the Shuffled Frog Leaping algorithm (SFL) (RVR-SFL model), represent a groundbreaking approach to forecasting drilling rate index. The RVR-IWO and RVR-SFL models were meticulously devised to harness the capabilities of computational intelligence and optimization techniques for drilling rate index estimation. This research pioneers the integration of IWO and SFL with RVR, constituting an unprecedented effort in forecasting drilling rate index. The primary objective of this study was to gauge the precision and dependability of these models in forecasting the drilling rate index, revealing significant distinctions between the two. In terms of predictive precision, the RVR-IWO model emerged as the superior choice when compared to the RVR-SFL model, underscoring the remarkable efficacy of the Invasive Weed Optimization algorithm. The RVR-IWO model delivered noteworthy results, boasting a Variance Account for (VAF) of 0.8406, a Mean Squared Error (MSE) of 0.0114, and a Squared Correlation Coefficient (R2) of 0.9315. On the contrary, the RVR-SFL model exhibited slightly lower precision, yielding an MSE of 0.0160, a VAF of 0.8205, and an R2 of 0.9120. These findings serve to highlight the potential of the RVR-IWO model as a formidable instrument for drilling rate index prediction, particularly within the framework of rock excavation projects. This research not only makes a significant contribution to the realm of drilling engineering but also underscores the broader adaptability of the RVR-IWO model in tackling an array of challenges within the domain of rock engineering. Ultimately, this study advances the comprehension of drilling rate index estimation and imparts valuable insights into the practical implementation of computational intelligence methodologies within the realm of engineering projects.

The Technology Forecasting for the Biometrics System by Using Delphi Method (델파이기법을 적용한 생체인식시스템 기술예측)

  • Hong, Hyun-Soo;Park, Seung;Hong, Sung-Dae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.9
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    • pp.3204-3209
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    • 2010
  • This paper suggested the future technologies of biometrics system by using Delphi method. The level of technology were also evaluated. The group for the Delphi analysis consisted of 30 experts involved in biometrics. This study also suggested the 10 future core technologies of biometrics system including Body-signal DB technology and Bio-signal analysis technology, etc. From the technological importance point of view, several technologies were suggested as critical ones including the manufacturing technology of semiconductor micro-sensor and bio-sensor, etc. This research also forecasted the realization time of each technology and gave shape the detail goal performances. This research will be able to contribute to deciding the priority order and setting the direction of biometrics R&D planning.

A Model on Price Forecasting of Natural Resources with Restricted Market (제한적 시장을 가지는 천연자원의 가격예측 모형에 관한 연구)

  • Shim, S.C.;Lee, S.J.;Oh, H.S.;Kim, B.K.;Kim, O.J.;Shin, D.W.;Shin, S.N.;Cho, M.H.;Jung, Y.H.;Song, I.C.;Cho, J.H.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.82-89
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    • 2014
  • Recently, the mineral resource protection policies and regulations in production countries of natural resources including rare metals are becoming more stringent. Such environment makes which market has malfunction. In other word, those are not perfect or pure market. Therefore because each market of natural resources have special or unique characters, it is difficult to forecast their market prices. In this study, we constructed several models to estimate prices of natural resources using statistical tools like ARIMA and their business indices. And for examples, Indium and Coal were introduced.

Application of Big Data and Machine-learning (ML) Technology to Mitigate Contractor's Design Risks for Engineering, Procurement, and Construction (EPC) Projects

  • Choi, Seong-Jun;Choi, So-Won;Park, Min-Ji;Lee, Eul-Bum
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.823-830
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    • 2022
  • The risk of project execution increases due to the enlargement and complexity of Engineering, Procurement, and Construction (EPC) plant projects. In the fourth industrial revolution era, there is an increasing need to utilize a large amount of data generated during project execution. The design is a key element for the success of the EPC plant project. Although the design cost is about 5% of the total EPC project cost, it is a critical process that affects the entire subsequent process, such as construction, installation, and operation & maintenance (O&M). This study aims to develop a system using machine-learning (ML) techniques to predict risks and support decision-making based on big data generated in an EPC project's design and construction stages. As a result, three main modules were developed: (M1) the design cost estimation module, (M2) the design error check module, and (M3) the change order forecasting module. M1 estimated design cost based on project data such as contract amount, construction period, total design cost, and man-hour (M/H). M2 and M3 are applications for predicting the severity of schedule delay and cost over-run due to design errors and change orders through unstructured text data extracted from engineering documents. A validation test was performed through a case study to verify the model applied to each module. It is expected to improve the risk response capability of EPC contractors in the design and construction stage through this study.

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Advances in Hydrological Science of China

  • Cheng, Lin
    • Proceedings of the Korea Water Resources Association Conference
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    • 2009.05a
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    • pp.2225-2227
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    • 2009
  • Hydrologic science and technology have played an important role in promoting water conservancy development and national economic construction in China. Along with the development and progress of hydrology, water conservancy and national economy, the science and technology of hydrology have got great achievements, of which some havereached or neared to the international advanced level. In this report, introduction will be made in 5 respects including hydrometry technology, hydrological simulation, hydrometeorological research, hydrological analysis, and operational forecasting.

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Design of a Strategic Roadmapping for Deployment of New Business (신규사업전개를 위한 전략적 로드맵의 절차설계)

  • 권철신;박준호;장동훈
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.29-32
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    • 2003
  • As the importance of technology planning has been increased, the various methods of the technology planning have been developed by global leading companies recently. The goals of companies are set after investigating market and customer. And finally, a strategic roadmap is diagrarnrnatized as a picture to show how to accomplish them based on technology forecasting.

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An Implementation of Greenhouse Horticultural Crop Growth Forecasting Tool Using Mobile Device (모바일 단말기를 이용한 시설 원예작물 생장 예측도구 개발)

  • Kim, Hee-Sung;Kwon, Hye-Eun;Kim, Jong-Kwan
    • Proceedings of the Korea Information Processing Society Conference
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    • 2012.11a
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    • pp.1209-1211
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    • 2012
  • 최근 들어 모바일 단말기의 보급이 확대되면서 스마트 워크, NFC, USN등 사회 전반적으로 많은 분야에서 활용도가 높아지고 있다. 이에 본 논문에서는 모바일 단말기를 활용하여 농가에서 시설 원예작물의 생장 및 생산량을 예측하고 데이터를 관리하기 위한 연구를 진행하여 농가에서의 모바일 단말기 활용을 돕고 시설 원예작물의 재배에 도움이 되고자 한다.