• Title/Summary/Keyword: Time Lag Approach

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IT Investment and Financial Performance Volatility: The Moderating Role of Industry Environment and IT Strategy Emphasis

  • Wahyu Agus Winarno;Slamin
    • Asia pacific journal of information systems
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    • v.32 no.4
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    • pp.707-727
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    • 2022
  • Industrial revolution 4.0 makes business competition more challenging and will impact the instability of the company's financial performance. Dynamic environmental conditions make it difficult for companies to make predictions in making decisions. Investing in information technology (IT) is one way for companies to maintain financial stability and competitive advantage in dynamic competition. Resource-Based Theory (RBT) explains that information technology (IT) is a resource that can create a competitive advantage for the company. This study aims to examine the moderating role of dynamic industrial environments and IT strategic emphasis on the relationship between a lag effect of IT investment and firm's financial performance volatility. Using the data of companies listed on the Indonesia Stock Exchange (IDX) for five years starting from 2013-2017, the method used to estimate the research model's parameters is the generalized method of moments (GMM) approach. The results show that the industrial environment and the emphasis on IT strategy have a role in moderating and strengthening the relationship between the time lag in IT investment in reducing the firm's financial performance volatility.

An Analysis of the Time-Lag Effect on the Investment of Informatization for Industrial Human Resources (정보화사업 투자에 대한 시차효과 분석: 산업인력정보화 중심)

  • Lim, Gyoo-Gun;Cho, Nam-Jae;Lee, Dae-Chul
    • Information Systems Review
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    • v.10 no.3
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    • pp.133-153
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    • 2008
  • Understanding of the length of time required to realize the return on the investment of informatization is important for policy makers and decision makers of information system adoption. Previous researchers, however, assessed this issue with the performance measurement approach that was primarily based on static point of view. However, the static analysis on the outcome of the informatization investment is limited in measuring the priori and ex ante effects of the informatization implementation on temporal basis. This study present a methodology to capture the outcome of the informatization investment on dynamic basis. This assessment was performed based on an e-government project in Korea, called "Industry Human Resource Project." Particularly, the study addressed how long it takes to obtain the benefit of WorkNet System, which was part of this Korean e-government project. We proposed various approaches to illustrate the importance and temporal effect of the WorkNet System by analyzing DB data, time reduction of WorkNet business processes and return of investment of IT.

Aerodynamic and Aeroelastic Tool for Wind Turbine Applications

  • Viti, Valerio;Coppotelli, Giuliano;De Pompeis, Federico;Marzocca, Pier
    • International Journal of Aeronautical and Space Sciences
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    • v.14 no.1
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    • pp.30-45
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    • 2013
  • The present work focuses on the unsteady aerodynamics and aeroelastic properties of a small-medium sized wind-turbine blade operating under ideal conditions. A tapered/twisted blade representative of commercial blades used in an experiment setup at the National Renewable Energy Laboratory is considered. The aerodynamic loads are computed using Computational Fluid Dynamics (CFD) techniques. For this purpose, FLUENT$^{(R)}$, a commercial finite-volume code that solves the Navier-Stokes and the Reynolds-Averaged Navier-Stokes (RANS) equations, is used. Turbulence effects in the 2D simulations are modeled using the Wilcox k-w model for validation of the CFD approach. For the 3D aerodynamic simulations, in a first approximation, and considering that the intent is to present a methodology and workflow philosophy more than highly accurate turbulent simulations, the unsteady laminar Navier-Stokes equations were used to determine the unsteady loads acting on the blades. Five different blade pitch angles were considered and their aerodynamic performance compared. The structural dynamics of the flexible wind-turbine blade undergoing significant elastic displacements has been described by a nonlinear flap-lag-torsion slender-beam differential model. The aerodynamic quasi-steady forcing terms needed for the aeroelastic governing equations have been predicted through a strip-theory based on a simple 2D model, and the pertinent aerodynamic coefficients and the distribution over the blade span of the induced velocity derived using CFD. The resulting unsteady hub loads are achieved by a first space integration of the aeroelastic equations by applying the Galerkin's approach and by a time integration using a harmonic balance scheme. Comparison among two- and three- dimensional computations for the unsteady aerodynamic load, the flap, lag and torsional deflections, forces and moments are presented in the paper. Results, discussions and pertinent conclusions are outlined.

A Study of Optimal Impact Angle Control Laws (최적 충돌각 제어법칙에 관한 연구)

  • 송택렬;신상진
    • Journal of the Korea Institute of Military Science and Technology
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    • v.1 no.1
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    • pp.211-218
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    • 1998
  • As a part of trajectory modulation to increase system survivability and terminal effectiveness, impact angle control is required in the terminal phase of tactical missile systems. The missile systems are not allowed to have high altitude to reduce probability of detection by sensors of missile defense systems. In this paper, an analytic form of a time-optimal control law is suggested in the case of constrained missile maneuverability and impact angle under the assumption of a zero-lag autopilot. The control law is obtained by establishing optimal missile-target engagement geometry in the vertical plane. Extension of the law for missiles with autopilot response lags requiring a numerical solution is studied by introducing an iterative algorithm for optimal switching time determination of which the initial switching instants are obtained from the analytic solution. Also suggested is a closed-form impact angle control law derived by an energy-optimal approach. The performances of the proposed guidance laws are evaluated by a series of computer runs.

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Outcomes of Internal Fixation with Compression Hip Screws in Lateral Decubitus Position for Treatment of Femoral Intertrochanteric Fractures

  • Park, Cheon-Gon;Yoon, Taek-Rim;Park, Kyung-Soon
    • Hip & pelvis
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    • v.30 no.4
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    • pp.254-259
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    • 2018
  • Purpose: Internal fixation using compression hip screws (CHS) and traction tables placing patients in the supine position is a gold standard option for treating intertrochanteric fractures; however, at our institution, we approach this treatment with patients in a lateral decubitus position. Here, the results of 100 consecutive elderly (i.e., ${\geq}45$ years of age) patients who underwent internal fixation with CHS in lateral decubitus position are analyzed. Materials and Methods: Between March 2009 and May 2011, 100 consecutive elderly patients who underwent internal fixation with CHS for femoral intertrochanteric fracture were retrospectively reviewed. Clinical outcomes (i.e., Koval score, Harris hip score [HHS]) and radiographic outcomes (i.e., bone union time, amount of sliding of lag screw, tip-apex distance [TAD]) were evaluated. Results: Clinical assessments revealed that the average postoperative Koval score decreased from 1.4 to 2.6 (range, 0-5; P<0.05); HHS was 85 (range, 72-90); and mean bone union time was 5.0 (range, 2.0-8.2) months. Radiographic assessments revealed that anteroposterior average TAD was 6.95 (range, 1.27-14.63) mm; lateral average TAD was 7.26 (range, 1.20-18.43) mm; total average TAD was 14.21 (range, 2.47-28.66) mm; average lag screw sliding was 4.63 (range, 0-44.81) mm; and average angulation was varus $0.72^{\circ}$(range, $-7.6^{\circ}-12.7^{\circ}$). There were no cases of screw tip migration or nonunion, however, there were four cases of excessive screw sliding and six cases of varus angulation at more than $5^{\circ}$. Conclusion: CHS fixation in lateral decubitus position provides favorable clinical and radiological outcomes. This technique is advisable for regular CHS fixation of intertrochanteric fractures.

Multicity Seasonal Air Quality Index Forecasting using Soft Computing Techniques

  • Tikhe, Shruti S.;Khare, K.C.;Londhe, S.N.
    • Advances in environmental research
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    • v.4 no.2
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    • pp.83-104
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    • 2015
  • Air Quality Index (AQI) is a pointer to broadcast short term air quality. This paper presents one day ahead AQI forecasting on seasonal basis for three major cities in Maharashtra State, India by using Artificial Neural Networks (ANN) and Genetic Programming (GP). The meteorological observations & previous AQI from 2005-2008 are used to predict next day's AQI. It was observed that GP captures the phenomenon better than ANN and could also follow the peak values better than ANN. The overall performance of GP seems better as compared to ANN. Stochastic nature of the input parameters and the possibility of auto-correlation might have introduced time lag and subsequent errors in predictions. Spectral Analysis (SA) was used for characterization of the error introduced. Correlational dependency (serial dependency) was calculated for all 24 models prepared on seasonal basis. Particular lags (k) in all the models were removed by differencing the series, that is converting each i'th element of the series into its difference from the (i-k)"th element. New time series is generated for all seasonal models in synchronization with the original time line & evaluated using ANN and GP. The statistical analysis and comparison of GP and ANN models has been done. We have proposed a promising approach of use of GP coupled with SA for real time prediction of seasonal multicity AQI.

Data Driven Approach to Forecast Water Turnover (데이터 탐색 기법 활용 전도현상 예측모형)

  • Kwon, Sehyug
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.3
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    • pp.90-96
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    • 2018
  • This paper proposed data driven techniques to forecast the time point of water management of the water reservoir without measuring manganese concentration with the empirical data as Juam Dam of years of 2015 and 2016. When the manganese concentration near the surface of water goes over the criteria of 0.3mg/l, the water management should be taken. But, it is economically inefficient to measure manganese concentration frequently and regularly. The water turnover by the difference of water temperature make manganese on the floor of water reservoir rise up to surface and increase the manganese concentration near the surface. Manganese concentration and water temperature from the surface to depth of 20m by 5m have been time plotted and exploratory analyzed to show that the water turnover could be used instead of measuring manganese concentration to know the time point of water management. Two models for forecasting the time point of water turnover were proposed and compared as follow: The regression model of CR20, the consistency ratio of water temperature, between the surface and the depth of 20m on the lagged variables of CR20 and the first lag variable of max temperature. And, the Box-Jenkins model of CR20 as ARIMA (2, 1, 2).

Thermomechanical deformation in porous generalized thermoelastic body with variable material properties

  • Kumar, Rajneesh;Devi, Savita
    • Structural Engineering and Mechanics
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    • v.34 no.3
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    • pp.285-300
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    • 2010
  • The two-dimensional deformation of a homogeneous, isotropic thermoelastic half-space with voids with variable modulus of elasticity and thermal conductivity subjected to thermomechanical boundary conditions has been investigated. The formulation is applied to the coupled theory(CT) as well as generalized theories: Lord and Shulman theory with one relaxation time(LS), Green and Lindsay theory with two relaxation times(GL) Chandrasekharaiah and Tzou theory with dual phase lag(C-T) of thermoelasticity. The Laplace and Fourier transforms techniques are used to solve the problem. As an application, concentrated/uniformly distributed mechanical or thermal sources have been considered to illustrate the utility of the approach. The integral transforms have been inverted by using a numerical inversion technique to obtain the components of displacement, stress, changes in volume fraction field and temperature distribution in the physical domain. The effect of dependence of modulus of elasticity on the components of stress, changes in volume fraction field and temperature distribution are illustrated graphically for a specific model. Different special cases are also deduced.

Minimum Variance FIR Smoother for Model-based Signals

  • Kwon, Bo-Kyu;Kwon, Wook-Hyun;Han, Soo-Hee
    • 제어로봇시스템학회:학술대회논문집
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    • 2005.06a
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    • pp.2516-2520
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    • 2005
  • In this paper, finite impulse response (FIR) smoothers are proposed for discrete-time systems. The proposed FIR smoother is designed under the constraints of linearity, unbiasedness, FIR structure, and independence of the initial state information. It is also obtained by directly minimizing the performance criterion with unbiased constraints. The approach to the MVF smoother proposed in this paper is logical and systematic, while existing results have heuristic assumption, such as infinite covariance of the initial state. Additionally, the proposed MVF smoother is based on the general system model that may have the singular system matrix and has both system and measurement noises. Thorough simulation studies, it is shown that the proposed MVF smoother is more robust against modeling uncertainties numerical errors than fixed-lag Kalman smoother which is infinite impulse response (IIR) type estimator.

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