• Health Policy and Management
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• v.12 no.3
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• pp.54-76
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• 2002

This study investigated how much EVA which evaluate firm's value can explain hospital bankruptcy prediction as a explanatory variable including financial indicators in Korea. In this study, artificial neural network and logit regression which are traditional statistical were used as the model for bankruptcy prediction. Data used in this study were financial and economic value added indicators of 34 bankrupt and -:4 non-bankrupt hospitals from the Database of Korean Health Industry Development Institute. The main results of this study were as follows: First, there was a significant difference between the financial variable model including EVA and the financial variable model excluding EVA in pre-bankruptcy analysis. Second, EVA could forecast bankruptcy hospitals up to 83% by the logistic analysis. Third, the EVA model outperformed the financial model in terms of the predictive power of hospital bankruptcy. Fourth, The predictive power of neural network model of hospital bankruptcy was more powerful than the legit model. After all the result of this study will be useful to future study on EVA to evaluate bankruptcy hospitals forecast.

• International journal of advanced smart convergence
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• v.7 no.3
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• pp.73-78
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• 2018

This study focuses on presenting the IT program module provided by BKLS measure in order to solve the problem of capital cost due to information asymmetry of external investors and corporate executives. Barron at al(1998) set up a BKLS measure to guide the market by intermediate analysts. The BKLS measure was measured by using the changes in the analyst forecast dispersion and analyst mean forecast error squared. This study suggests a model of the algorithm that the BKLS measure can be provided to all investors immediately by IT program in order to deliver the meaningful value in the domestic capital market as measured. This is a method of generating and analyzing real-time or non-real-time prediction models by transferring the predicted estimates delivered to the Big Data Log Analysis System through the statistical DB to the statistical forecasting engine. Because BKLS measure is not carried out in a concrete method, it is practically very difficult to estimate the BKLS measure. It is expected that the BKLS measure of Barron at al(1998) introduced in this study and the model of IT module provided in real time will be the starting point for the follow-up study for the introduction and realization of IT technology in the future.

• Journal of the Korea Institute of Military Science and Technology
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• v.18 no.4
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• pp.469-477
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• 2015

In this study, the characteristics of main wind direction, vertical temperature and wind speed profile near the Moseulpo airfield for HALE UAV(High Altitude Long Endurance Unmaned Aerial Vehicle) is investigated. The results are summarized as follows, main wind direction is governed by air mass according to season and local wind such as land-sea breeze. The directions of landing and take-off of HALE UAV will be selected as the south-east direction in June ~ August, north-west direction in October ~ March, and south-east direction at daytime in April ~ May, September. Annual variation of temperature at 100 hPa showed that temperature in summer season is lower than winter season. On the other hands, wind speed at 250 hPa in winter season is higher than summer season. The threshold values of temperature and wind speed for HALE UAV flight are $-75^{\circ}C$ and $90ms^{-1}$, which were determined by 5 % frequency value($1.96{\sigma}$), respectively.

• Journal of Environmental Science International
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• v.27 no.7
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• pp.531-541
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• 2018

Road freezing caused by snowfall during wintertime causes traffic congestion and many accidents. To prevent such problems, we developed, in this study, a system to predict road freezing based on weather forecast data and the freezing generation modules. The weather forecast data were obtained from a high-resolution model with 1 km resolution for Jeju Island from 00:00 KST on December 1, 2017, to 23:00 KST on February 28, 2018. The results of the weather forecast data show that index of agreement (IOA) temperature was higher than 0.85 at all points, and that for wind speed was higher than 0.7 except in Seogwipo city. In order to evaluate the results of the freezing predictions, we used model evaluation metrics obtained from a confusion matrix. These metrics revealed that, the Imacho module showed good performance in precision and accuracy and that the Karlsson module showed good performance in specificity and FP rate. In particular, Cohen's kappa value was shown to be excellent for both modules, demonstrating that the algorithm is reliable. The superiority of both the modules shows that the new system can prevent traffic problems related to road freezing in the Jeju area during wintertime.

• Journal of the Korea Society of Computer and Information
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• v.20 no.3
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• pp.19-27
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• 2015

Technologies of wind power generation for development of alternative energy technology have been accumulated over the past 20 years. Wind power generation is environmentally friendly and economical because it uses the wind blowing in nature as energy resource. In order to operate wind power generation efficiently, it is necessary to accurately predict wind speed changing every moment in nature. It is important not only averagely how well to predict wind speed but also to minimize the largest absolute error between real value and prediction value of wind speed. In terms of generation operating plan, minimizing the largest absolute error plays an important role for building flexible generation operating plan because the difference between predicting power and real power causes economic loss. In this paper, we propose a method of wind speed prediction using numeric prediction algorithm-based wind speed forecast model made to analyze the wind speed forecast given by the Meteorological Administration and pattern value for considering seasonal property of wind speed as well as changing trend of past wind speed. The wind speed forecast given by the Meteorological Administration is the forecast in respect to comparatively wide area including wind generation farm. But it contributes considerably to make accuracy of wind speed prediction high. Also, the experimental results demonstrate that as the rate of wind is analyzed in more detail, the greater accuracy will be obtained.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.15 no.26
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• pp.111-117
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• 1992

In the stock marketing. investor needs speedy and accurate decision making for the investment. A stock exchange index provides the important index of the early of 1993 in Korea using Fuzzy Delphi Method(F. D. M) which is widely used to a mid and long range forecasting in decision making problem. In the Fuzzy Delphi method, considerably qualified experts an first requested to give their opinion seperately and without intercommunication. The forecasting data of experts consist of Triangular Fuzzy Number (T.F.N) which represents the pessimistic, moderate, and optimistic forecast of a stock exchange index. A statistical analysis and dissemblance index are then made of these subject data. These new information are then transmitted to the experts once again, and the process of reestimation is continued until the process converges to a reasonable stable forecast of stock exchange index. The goal of this research is to forecast the stock exchange index using F.D.M. in which subjective data of experts are transformed into quasi -objective data index by some statistical analysis and fuzzy operations. (a) A long range forecasting problem must be considered as an uncertain but not random problem. The direct use of fuzzy numbers and fuzzy methods seems to be more compatible and well suited. (b) The experts use their individual competency and subjectivity and this is the very reason why we propose the use of fuzzy concepts. (c) If you ask an expert the following question: Consider the forecasting of the price index of stocks in the near future. This experts wi11 certainly be more comfortable giving an answer to this question using three types of values: the maximum value, the proper value, and the minimum value rather than an answer in terms of the probability.

• Management & Information Systems Review
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• v.34 no.1
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• pp.179-190
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• 2015

Local governments are commercializing natural environment, one of tourist commodities, to ensure that the proceeds from sale of tourist commodities are returned to local residents(Han Yeong-joo, Lee Moo-yong, 2001). In Songdo beach, Busan, cable car dismantled in 1980s due to the run-down state of the facility is poised for restoration in 26 years and can be said to be of great value as tourist commodity of the region and necessitates the demand forecast. To overcome limitations of demand forecast in existing studies, the analysis was made based on feasibility rate(Gruber index, self-confidence index), the realizable predictive value, for the willingness-to-visit rate when forecasting the demand of visitors. The results of demand forecast suggested that number of visitors would range from approximately 550,684 persons to 1,514,416 persons when the target region for demand forecast was confined to Busan Metropolitan City, and was in the range between 1,013,740 persons and 2,854,340 persons when the target region was expanded to cover Busan, Ulsan, and Gyeongnam. Based on the results of this study, estimation of visitors and demand forecast for Songdo offshore cable car restoration which reflect characteristics of Songdo beach of Busan would provide important basis for proceeding with tourism industry development project.

• Journal of the Korean Society for Railway
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• v.20 no.2
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• pp.182-189
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• 2017

Photovoltaic power generation systems make up a large part of the low carbon energy trend. The purpose of this study is to utilize PVsyst, a commercial forecasting program, to forecast research on the design stages of photovoltaic power generation for wider applications of this system in railroads and to consider prospective issues for photovoltaic power plants that are currently being operated. Given this, we will compare the forecast value of generated photovoltaic power, derived from foreign weather forecast information provided by NASA, along with information from Meteonorm, and the forecast values derived from the KMA weather information. By comparing these values with amounts actually generated by KPX, this research aims to secure propriety rights for wider application of photovoltaic power generation systems in railroads, and to contribute to low carbon energy for the new climate of the future.

• Journal of Korea Water Resources Association
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• v.44 no.5
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• pp.339-350
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• 2011

This study developed a climate informed Bayesian nonstationary frequency model which allows us to forecast seasonal summer rainfall at Nakdong River. We constructed a 37-year summer rainfall data set from 10 weather stations within Nakdong river basin, and two climate indices from sea surface temperature (SST) and outgoing longwave radiation (OLR) were derived through correlation analysis. The selected SST and OLR have been widely acknowledged as a climate driver for summer rainfall. The developed model was applied first to the 2010-year summer rainfall (888.1 mm) in order to assure ourself. We demonstrated model performance by comparing posterior distributions. It was confirmed that the proposed model is able to produce a reasonable forecast. The forecasted value is about 858.2 mm, and the difference between forecast and observation is about 30 mm. As the second case study, 2011-year summer rainfall forecast was made using an observed winter SSTs and an assumed 50% value of OLRs. The forecasted value is 967.7 mm and associated exceedance probability over average summer rainfall 680 mm is 92.9%. In addition, 50-year return period for summer rainfall was projected through the nonstationary frequency model. An exceedance probability over 1,400 mm corresponding to the 50-year return level is about 73.7%.

• Journal of The Korean Astronomical Society
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• v.47 no.6
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• pp.209-214
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• 2014

In this study we develop a set of solar proton event (SPE) forecast models with NOAA scales by Multi Layer Perceptron (MLP), one of neural network methods, using GOES solar X-ray flare data from 1976 to 2011. Our MLP models are the first attempt to forecast the SPE scales by the neural network method. The combinations of X-ray flare class, impulsive time, and location are used for input data. For this study we make a number of trials by changing the number of layers and nodes as well as combinations of the input data. To find the best model, we use the summation of F-scores weighted by SPE scales, where F-score is the harmonic mean of PODy (recall) and precision (positive predictive value), in order to minimize both misses and false alarms. We find that the MLP models are much better than the multiple linear regression model and one layer MLP model gives the best result.