• Title/Summary/Keyword: financial loss

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Design Automization for Torque Converter Damper Spring Using Optimization (최적화를 통한 토크 컨버터 댐퍼 스프링 설계 자동화에 관한 연구)

  • Park, Byoung-Keon;Hwang, Gil-Un;Kim, Jay-Jung;Jang, Jae-Deok
    • Korean Journal of Computational Design and Engineering
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    • v.12 no.3
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    • pp.163-170
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    • 2007
  • A torque converter, connected to a transmission/transaxle input shaft, connects, multiplies and interrupts the flow of engine torque into the transmission. Damper springs are usually equipped in a torque converter to convert stably the torque power supplied from engine. Damper Springs generally have the most flexible design variables among vehicle transmission parts, so that they could be effective design factors to improve the entire vehicle's performance. Damper spring, however, has geometric complexity after it equipped in a torque converter. For that reason, modeling a damper spring requires expert's knowledge to determine many design parameters and satisfy the functional requirements at the same time. In this paper, we introduce an optimum design method applied in detailed-design stage to reduce design process and financial loss caused by adequate design. Many design variables have to be classified and structuralized for Optimization. This also could make designer concentrate on functional requirements of damper spring, not on design possibility. In addition, modeling an assembled spring has technical restriction with primitives of the current major CAD solutions because of complexity of assembled spring shape. Thus, one of modeling solution presented in this paper since detailed and exact modeling is important for CAE or DMU.

A Study on Survivability Management Model for Information Systems Over Internet (인터넷에서 정보시스템의 생존성 관리 모델)

  • Kim, Hwang-Rae;Park, Jin-Sub
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.6
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    • pp.1185-1193
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    • 2006
  • The next generation networked information system over unbounded internet is open to various network attacks and incidents, so many users suffer from damage and financial loss. In this paper we propose a survivability management model to evaluate the tradeoffs between the cost of defence mechanisms for information systems with weighted service and the resulting expected survivability after a network attack or occurrence of incidents. By varying the level of defence in the simulation, we examine how survivability changes according to the defense level. We derive a cost/survivability and weighted service/survivability curve that managers can use to decide on the appropriate level of defense for the network system of their organizations.

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The Problems of Housing: The Case of the Marginalized in the City of Bangalore, India

  • Gowda, Krishne;Sridhara, M.V.
    • Land and Housing Review
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    • v.4 no.2
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    • pp.153-165
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    • 2013
  • Deficiency in access to housing is a major manifestation of poverty. In the city of Bangalore, the poor and the marginalized constitute nearly 30 percent of the 8.47 million population (2011 Census) and are living in the nearly 640 slums in addition to squatter settlements and pavements. The city sprawls over an area of 741 sq. kms (2007 estimates) and the poor have very little access to personal living space. According to the Integrated Housing and Slum Development Program guidelines, each household with four average members should have 25 sq. meters of living space. In the case of poor of Bangalore, the attainment of even this minimum is a far cry. In recognition of this acuteness with regard to the problem of housing, the government has introduced schemes like the Jawaharlal Nehru National Urban Renewal Mission and the Rajiv Awas Yojana. And these schemes have witnessed only a limited success. Whenever the problem of housing for the urban poor is considered, the state and location of slums get into focus. The people living in slums are a crucial and inevitable support to the city economy. Relocation of slum people is fraught with loss of productivity and strain on the transport system and on the incomes of the poor. Their needs like housing, schooling, health centers, creches, hospices etc. have to be provided for. Financial support to the poor with regard to their housing needs will have to be imaginatively provided by banks and related institutions.

The Relationship between Medical Operating Income and Volume of Medical Services Provided at General Hospitals in Korea (종합병원에서 진료량과 의료이익의 관계)

  • Lim, Min Kyoung;Kim, Jeongha;Kim, Sunjea
    • Korea Journal of Hospital Management
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    • v.26 no.3
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    • pp.13-27
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    • 2021
  • Purpose: We examined the relationship between operating income and volume of medical services provided at general hospitals in 2018 according to characteristics of general hospitals and measured as operating income(net income) and volume(adjusted inpatient days) covered or non-covered by National Health Insurance(NHI). Methodology: Finance data from income statement reports in 212 general hospitals and the national health insurance claim data of these hospitals were used. The characteristics of the general hospital were divided into structural, operational, financial, and patient aspects. Operating income and volume were divided into covered and non-covered by NHI. Findings: The results showed high volume hospitals tended to be more profitable than low volume hospitals, especially in non-covered services. Operating income was more likely to be sensitive to non-covered services volume than to covered services volume. Practical Implications: It is necessary to understand the volume of services in non-covered, in order to obtain reliable cost information to be used for the fee schedule. Researches on small size hospitals(<160 beds) are needed, with a large variation in the volume of services and a strong tendency to compensate for the loss in the covered part in non-covered part.

Client Authentication Scheme based on Infinitely Overlapped Hashchains on Hyperledger Fabric (Hyperledger Fabric을 이용한 중첩형 무한 해시체인 기반의 클라이언트 인증기법)

  • Shin, Dong Jin;Park, Chang Seop
    • Convergence Security Journal
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    • v.18 no.4
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    • pp.3-10
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    • 2018
  • Each online user should perform a separate registration and manage his ID and password for each online commerce or SNS service. Since a common secret is shared between the user and the SNS server, the server compromise induces the user privacy breach and financial loss. In this paper, it is considered that the user's authentication material is shared between multiple SNS servers for user authentication. A blockchain service architecture based on Hyperledger Fabric is proposed for each user to utilize an identical ID and OTP using the enhanced hash-chain-based OTP.

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Critical Success Factors for Efficient Development of Construction Automation Technology (효율적인 건설자동화 기술 개발을 위한 핵심성공요인)

  • Lee, Ung-Kyun;Kim, Baek-Joong;Kim, Taehoon
    • Journal of the Regional Association of Architectural Institute of Korea
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    • v.21 no.6
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    • pp.1-6
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    • 2019
  • Construction automation can be an effective alternative for the lack of skilled labor and loss of productivity. With such a background, Korean government has provided a lot of financial supports for the development of construction automation technology. However, despite of those efforts, automation systems at construction sites have rarely been employed. This is because the systems have not been developed with full consideration of the needs and environments on construction sites. Thus, the purpose of this study is to identify the critical success factors for efficient development of construction automation systems. This study compares and analyzes key factors for automated construction system(ACS) and construction information system(CIS). As a result, 'stability and reliability' in the ACS showed the highest importance while 'manageability' in the CIS was. Consequently, for the successful introduction of the ACS, technical capability and stability should be firstly considered to cope with dynamic construction environment, while the CIS should be built to enable efficient management and use of information. The result of this study can serve as an evaluation base for the current construction automation technologies and an index for more efficient technology development in the future as well.

The Timely Disclosure Behaviors of Delisted Companies: An Empirical Study of Korean Firms

  • Byun, Hae-Young
    • Asia-Pacific Journal of Business
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    • v.10 no.4
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    • pp.1-30
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    • 2019
  • The involuntary delisting of public companies has a detrimental effect on economies caused by the loss of stock value and confidence in the capital market. Previous studies have focused on prediction or prevention models for firm delisting events using various financial and accounting information. However, the timely disclosure of companies, another important indicator, has not been investigated before in connection with companies that have been delisted. To address this gap, this study investigates the timely disclosure behavior of companies prior to delisting using sample firms listed on the Korean stock market between 2000 and 2014. The results show a significant correlation between the frequency of timely disclosure and delisted firms prior to their delisting on the Korean stock market. The delisted companies appear to increase their timely disclosure to deliver specific information to the public. Furthermore, these companies are likely to increase the frequency of timely disclosure as they get closer to their delisting. Notably, the timely disclosure of delisted firms has a capital market effect; namely, timely disclosure increases trading volume while decreasing the market value of the shares, reflecting price efficiency. This study appears to be the first that considers timely disclosure in the involuntary delisting literature.

The Mediating Effect of Positive Body Image in the Association between Attitudes toward Aging and Life Satisfaction among Older Adults (노인의 노화에 대한 태도와 삶의 만족도 사이의 관계에 미치는 긍정적 신체 이미지의 매개효과)

  • Minsun Lee;Ki Hyang Han
    • Journal of the Korean Society of Clothing and Textiles
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    • v.46 no.6
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    • pp.1023-1038
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    • 2022
  • In societies emphasizing the importance of youthful appearance, attitudes toward aging are closely related to how individuals perceive their own bodies, which can be a major determinant of psychological well-being among older adults. The purpose of this study was to examine the associations between attitudes toward aging, positive body image, and life satisfaction among older Korean adults, based on relative deprivation theory and social identity theory. Employing an online survey questionnaire, data was collected from 408 Korean aged 65 and over. The proposed research model was examined via partial least square structural equation modeling (PLS-SEM). Results revealed that higher levels of psychosocial loss were associated with lower positive body image, while higher levels of physical change and psychological growth - a good example were associated with higher positive body image. Higher levels of positive body image were associated with higher life satisfaction. Overall, positive attitudes toward aging may increase positive body image and life satisfaction among older adults, controlling for subjective financial and health status. The results of this study emphasize that we should not overlook the importance of positive body image in psychological well-being among older adults.

DR-LSTM: Dimension reduction based deep learning approach to predict stock price

  • Ah-ram Lee;Jae Youn Ahn;Ji Eun Choi;Kyongwon Kim
    • Communications for Statistical Applications and Methods
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    • v.31 no.2
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    • pp.213-234
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    • 2024
  • In recent decades, increasing research attention has been directed toward predicting the price of stocks in financial markets using deep learning methods. For instance, recurrent neural network (RNN) is known to be competitive for datasets with time-series data. Long short term memory (LSTM) further improves RNN by providing an alternative approach to the gradient loss problem. LSTM has its own advantage in predictive accuracy by retaining memory for a longer time. In this paper, we combine both supervised and unsupervised dimension reduction methods with LSTM to enhance the forecasting performance and refer to this as a dimension reduction based LSTM (DR-LSTM) approach. For a supervised dimension reduction method, we use methods such as sliced inverse regression (SIR), sparse SIR, and kernel SIR. Furthermore, principal component analysis (PCA), sparse PCA, and kernel PCA are used as unsupervised dimension reduction methods. Using datasets of real stock market index (S&P 500, STOXX Europe 600, and KOSPI), we present a comparative study on predictive accuracy between six DR-LSTM methods and time series modeling.

An Empirical Study on the Effects of Entrepreneurship on Entrepreneurial Intention: Focusing on Moderating Effects of Fear of Entrepreneurial Failure (기업가정신이 창업의지에 미치는 영향에 관한 연구 - 창업실패두려움의 조절효과를 중심으로)

  • Kim, Young Hee;Yang, Dong Woo
    • Korean small business review
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    • v.41 no.4
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    • pp.65-86
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    • 2019
  • This study empirically analyzed how the elements of entrepreneurship and the fear of entrepreneurial failure influence entrepreneurial intention with each other in a situation that encourages startups. In particular, the moderating effect of fear of entrepreneurial failure was verified by dividing the fear of entrepreneurial failure into three sub-variables: fear of financial loss, fear of psychological loss, and fear of career loss. As a result, it was found that proactiveness and risk-taking had a positive effect on entrepreneurial intention, but innovativeness did not. Fear of entrepreneurial failure(all of sub-variables) was found to have no significantly moderating effect on the relationship between entrepreneurship and entrepreneurial intention. Therefore it seemed to have a negative effect as a independent variable. However, considering the regression coefficient(β) is positive or negative depending on the interaction terms of the sub-variables of fear of entrepreneurial failure and the entrepreneurship, it could be inferred that the moderating effect could be positive or negative. Based on this research results, a sophisticated entrepreneurship education program to inspire entrepreneurship and lower the fear of failure is needed in order to promote startups. And at the same time, a social safety net construction plan to reduce the fear of entrepreneurial failure needs to be prepared.