Korean Journal of Construction Engineering and Management
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v.17
no.5
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pp.13-21
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2016
Insolvency of construction companies that play the role of main contractors can lead to clients' losses due to non-fulfillment of construction contracts, and it can have negative effects on the financial soundness of construction companies and suppliers. The construction industry has the cash flow financial characteristic of receiving a project and getting payment based on the progress of the construction. As such, insolvency during project progress can lead to financial losses, which is why the prediction of construction companies is so important. The prediction of insolvency of Korean construction companies are often made through the KMV model from the KMV (Kealhofer McQuown and Vasicek) Company developed in the U.S. during the early 90s, but this model is insufficient in predicting construction companies because it was developed based on credit risk assessment of general companies and banks. In addition, the predictive performance of KMV value's insolvency probability is continuously being questioned due to lack of number of analyzed companies and data. Therefore, in order to resolve such issues, the Bayesian Probabilistic Approach is to be combined with the existing insolvency predictive probability model. This is because if the Prior Probability of Bayesian statistics can be appropriately predicted, reliable Posterior Probability can be predicted through ensured conditionality on the evidence despite the lack of data. Thus, this study is to measure the Expected Default Frequency (EDF) by utilizing the Bayesian Probabilistic Approach with the existing insolvency predictive probability model and predict the accuracy by comparing the result with the EDF of the existing model.
Journal of the Institute of Electronics Engineers of Korea SC
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v.47
no.1
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pp.56-61
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2010
Hemorrhagic shock is a common cause of death in the emergency department. The purpose of this study was to investigate the relationship between blood loss as a percent of the total estimated blood volume (% blood loss) and changes in several physiological parameters. The other goal was to achieve an accurate prediction of percent blood loss for hemorrhagic shock in rats using a linear regression model. We allocated 60 Sprague-Dawley rats into four groups: 0ml, 2ml, 2.5ml, 3 mL/100 g during 15 min. We analyzed the heart rate, systolic and diastolic blood pressure, respiration rate, and body temperature in relation to the percent blood loss. We generated a linear regression model predicting the percent blood loss using a randomly chosen 360 data set and the R-square value of the model was 0.80. Root mean square error of the tested 360 data set using the linear regression was 5.7%. Even though the linear regression model is not directly applicable to clinical situation, our method of predicting % blood loss could be helpful in determining the necessary fluid volume for resuscitation in the future.
In the present work, the thrust and torque of multicopter propellers in hovering are predicted based on BET method. The geometry information of the propellers is obtained using a three dimensional scanner and the airfoil section is extracted using CATIA. EDISON CFD is adopted to calculate the drag and lift of airfoil at a given geometry and flow conditions and then thrust is calculated with respect to a given RPMs based on BET. Two simulations with laminar and turbulent flows are considered. The predicted value is compared with the performance data from the Product Company and results from JavaProp software, which is used in the design and prediction of propellers. In the case of a 9-inch propeller, the thrust from the product company is corresponding to the results between the laminar and turbulent flow conditions. In the 16-inch case, the predicted thrust at turbulent flow conditions conformed well with reference one. The predicted torque shows a big difference with the reference data.
Quality control is critical at manufacturing sites and is key to predicting the risk of quality defect before manufacturing. However, the reliability of manual quality control methods is affected by human and physical limitations because manufacturing processes vary across industries. These limitations become particularly obvious in domain areas with numerous manufacturing processes, such as the manufacture of major nuclear equipment. This study proposed a novel method for predicting the risk of quality defects by using natural language processing and machine learning. In this study, production data collected over 6 years at a factory that manufactures main equipment that is installed in nuclear power plants were used. In the preprocessing stage of text data, a mapping method was applied to the word dictionary so that domain knowledge could be appropriately reflected, and a hybrid algorithm, which combined n-gram, Term Frequency-Inverse Document Frequency, and Singular Value Decomposition, was constructed for sentence vectorization. Next, in the experiment to classify the risky processes resulting in poor quality, k-fold cross-validation was applied to categorize cases from Unigram to cumulative Trigram. Furthermore, for achieving objective experimental results, Naive Bayes and Support Vector Machine were used as classification algorithms and the maximum accuracy and F1-score of 0.7685 and 0.8641, respectively, were achieved. Thus, the proposed method is effective. The performance of the proposed method were compared and with votes of field engineers, and the results revealed that the proposed method outperformed field engineers. Thus, the method can be implemented for quality control at manufacturing sites.
The purpose of this report is to study a strategic model of promotion activities through various analysis and sales forecasting by selecting wearable products for domestic online companies and collecting sales data. For data analysis, various algorithms are used for analysis and the results are selected as the optimal model. The gradation boosting model, which is selected as the best result, will allow nine independent variables to be entered, including promotion type, price, amount, gender, model, company, grade, sales date, and region, when predicting dependent variables through supervised learning. In this study, the review values set as dependent variables for each type of sales promotion were studied in more detail through the ensemble analysis technique, and the main purpose is to analyze and predict them. The purpose of this study is to study the grades. As a result of the analysis, the evaluation result is 95% of AUC, and F1 is about 93%. In the end, it was confirmed that among the types of sales promotion activities, value-added benefits affected the number of reviews and review grades, and that major variables affected the review and review grades.
Kim, Mie-Ae;Heo, Bok-Haeng;Kim, Kyung-Eak;Lee, Dong-In
Atmosphere
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v.19
no.1
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pp.37-51
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2009
Kinematic characteristics of a heavy rainfall event occurred in Changma front are analyzed using synoptic weather charts, satellite imagery and NCEP(National Centers for Environmental Prediction) / NCAR(National Centers for Atmospheric Research) reanalysis data. The heavy rainfall is accompanied with mesoscale rain clouds developing over the Southwest region of Korea during the period from 0300 LST to 2100 LST 25 June 2006. The surface cyclone in the Changma front is generated and developed rapidly when it meets following vertical conditions: The maximum value of relative vorticity is appeared at 700 hPa and is extended gradually near the surface. It is thought that the vertical structure of relative vorticity is closely related with the descent of strong wind zone exceeding $10ms^{-1}$. The jet core at 200 hPa is shifted southward and extended downward and the low-level jet stream associated with upper-level jet stream appeared at 850 hPa. Kinematic features of heavy rainfall system at cyclone-generating point are as follows: In the generating stage of cyclone, the relative vorticity below 850 hPa increased and the convergence below 850 hPa and the divergence at 400 hPa are intensified by southward movement of jet core at 200 hPa. The heavy rainfall system seems to locate to the south of the exit region of upper-level jet streak; In the developing stage of cyclone, the relative vorticity below 850 hPa and the convergence near surface are further strengthened and upward vertical velocity between 850 hPa and 200 hPa is increased.
Journal of Fisheries and Marine Sciences Education
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v.29
no.3
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pp.627-635
/
2017
Sea level rise caused by climate change has become a global issue. Sea level rise seems to be an important factor of the research for coastal areas as it affects topography and vegetation of coasts and especially for the plan of coastal wetlands restoration which needs to be carried out for a long term, it has to be considered sufficiently. The coastal wetlands in Korea was damaged by the land reclamation project but recent concerns on the restoration have increased as its value is evaluated highly. Suncheon Bay had also reclaimed from wetlands to rice field once however this site is very active for restoration nowadays. This study estimated an effect according to sea level rise by 2100, reappearing the none dike condition of Suncheon Bay so that it can be taken account of a future plan of wetland restoration. The Sea Level Affecting Marshes Model(SLAMM) was selected as predicting model. The input data such as DEM(Digital Elevation Model), slope, wetlands category, sea level rise senario, tidal range and accretion rate was applied for the simulation. The results showed a decrease in tidal flat, an increase in sea area and a change of the rice field to transitional salt marsh consistently by 2100. These results of this study could be used as baseline data in the future plan of ecological restoration in Suncheon Bay.
In order to make sure the impact of spatial resolution of wind energy map on the estimation of wind power density in the Korean Peninsula, the comparison studies on the characteristics of wind energy map with three different spatial resolutions were carried out. Numerical model used in the establishment of wind map is MM5 (5th generation Mesoscale Model) with RBAPS (Regional Data Assimilation and Prediction System) as initial and boundary data. Analyzed Period are four months (March, August, October, and December), which are representative of four seasons. Since high spatial resolution of wind map make the undulation of topography be clear, wind pattern in high resolution wind map is correspond well with topography pattern and maximum value of wind speed is also increase. Indication of island and mountains in wind energy map depends on the its spatial resolution, so wind patterns in Heuksan island and Jiri mountains are clearly different in high and low resolutions. And area averaged power density can be changed by estimation method of wind speed for unit area in the numerical model and by treatment of air density. Therefore the studiable resolution for the topography should be evaluated and set before the estimation of wind resources in the Korean Peninsula.
Proceedings of the Korean Society of Near Infrared Spectroscopy Conference
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2001.06a
/
pp.1528-1528
/
2001
Ginseng cultivated in different country or growing condition has generally different components such as saponin and protein, and it relates to efficacy and action. Protein content assumes by nitrogen content in ginseng radix. Nitrogen content could be determined by chemical analysis such as kjeldahl or extraction methods. However, these methods require long analysis time and result environmental pollution and sample damage. In this work we investigated possibility of non-destructive determination of nitrogen content in ginseng radix using near-infrared spectroscopy. Ginseng radix, root of Panax ginseng C. A. Meyer, was studied. Total 120 samples were used in this study and it was consisted of 6 sample sets, 4, 5 and 6-year-old Korea ginseng and 7, 8 and 9-year-old China ginseng, respectively. Each sample set has 20 sample. Nigrogen content was measured by electronic analysis. NIR reflectance spectra were collected over the 1100 to 2500 nm spectral region with a InfraAlyzer 500C (Bran+Luebbe, Germany) equipped with a halogen lapmp and PbS detector and data were collected every 2 nm data point intervals. The calibration models were carried out by multiple linear regression (MLR) and partial least squares (PLS) analysis using IDAS and SESAME software. Result of electronic analysis, Korean ginseng were different mean value in nitrogen content of China ginseng. Ginseng tend to generally decrease the nitrogen content according as cultivation year is over 6 years. The MLR calibration model with 8 wavelengths using IDAS software accurately predicted nitrogen contents with correlation coefficient (R) and standard error of prediction of 0.985 and 0.855%, respectively. In case of SESAME software, the MLR calibration with 9 wavelength was selected the best calibration, R and SEP were 0.972 and 0.596%, respectively. The PLSR calibration model result in 0.969 of R and 0.630 of RMSEP. This study shows the NIR spectroscopy could be applied to determine the nitrogen content in ginseng radix with high accuracy.
Purpose - This paper examines the relationship between corporate social responsibility and financial reporting quality. Corporate social responsibility is a way for firms to take responsibility for the social and environmental impacts of their business operations. Corporate social responsibility is a broad concept that can take various forms depending on the firm and industry. Through corporate social responsibility programs, firms can benefit society. At the same time, firms improve their reputations by increasing engagement in corporate social responsibility activities. However, corporate social responsibility activities are not directly related to profitability, especially for distribution firms. Research design, data, and methodology - 229 distribution & service firm-years between 2011 and 2016 are used for the main analysis. In Korea, Korean Economic Justice Institute evaluates the ethical performance of Korean firms, and the institute annually discloses the scores of top firms. This study uses the KEJI Index scores to measure firm-level corporate social responsibility activities. Discretionary accruals are used as a proxy for financial reporting quality. Discretionary accruals can be used opportunistically, and thus distort the information in earnings. We extract financial data from the KIS Value database. Results - We find that distribution & service firms' engagement in corporate social responsibilities is positively related to their financial reporting quality. First, there is a negative correlation between implementation of corporate social responsibility activities and discretionary accruals. In addition, we find that the coefficient of CSR is significantly negative, supporting our prediction. The result is significant at the 1% level. Conclusions - We examine the relationship between corporate social responsibility activities of distribution firms and their financial reporting quality while most prior studies examine the engagement in corporate social responsibility activities of manufacturing firms. The results of this study show that distribution & service firms engaging in corporate social responsibility activities are likely to maintain high-quality financial reporting.
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