• The Korean Journal of Financial Management
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• v.25 no.2
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• pp.1-31
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• 2008

Before the financial crisis in 1997, Korean bond markets had been those of corporate bonds with relatively high market yield. During the period, most of major institutional investors tend to utilize passive strategies such as buying and holding. After the crisis, however, they could not help choosing active bond management strategies because of lowed yield level and intensified competition among the financial institutions. This study is forced on the yield curve, which is the reflection of all information on the bond investment environments. The study also make analysis on the major economic and securities market factors and its structural relationship with the shape of the curve such as level, curvature and slope. For these purposes, an empirical model based on the Nelson-Siegel Model is estimated with the data during $1999{\sim}2006$. Out-of-sample forecasting is also made to test the usefulness of the estimated model. In addition, the dependent variables which are the estimates of level and slope are estimated on the macro variables and securities market variables. VAR and SUR models are used for the estimation. Estimation results show that level and slope of the yield curve are influenced by the target call rate change, exchange rate change rate, inflation rate. These results provide practical implications for the active managements in the overall treasury bond markets.

• Journal of Preventive Medicine and Public Health
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• v.21 no.1 s.23
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• pp.195-206
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• 1988

Two major issues of the blood bank management are quality assurance and inventory control. Recently, in Korea blood donation has gained popularity increasingly to allow considerable improvement of the quality assurance with respect to blood collection, transportation, storage, component preparation skills and hematological tests. Nevertheless the inventory control, the other issue of blood bank management, has been neglected so far. For the supply of blood by donation barely meets the demand, the blood bank policy on the inventory control has been 'the more the better.' The shortage itself by no means unnecessitate inventory control. In fact, in spite of shortage, no small amount of blood is outdated. The efficient blood inventory control makes it possible to economize the blood usage in the practice of state-of-the-art medical care. For the efficient blood inventory control in Korean hospitals, this tudy is to develop formulae forecasting the standard blood inventory level and suggest a set of policies improving the blood inventory control. For this study informations of $A^+$ whole bloods and packed cells inventory control were collected from a University Hospital and the Central Blood Bank of the Korean Red Cross. Using this informations, 1,461 daily blood inventory records were formulated.48 varieties of blood inventory control environment were identified on the basis of selected combinations of 4 inventory control variables-crossmatch, transfusion, inhospital donation and age of bloods from external supply. In order to decide the optimal blood inventory level for each environment, simulation models were designed to calculate the measures of performance of each environment. After the decision of 48 optimal blood inventory levels, stepwise multiple regression analysis was started where the independent variables were 4 inventory control variables and the dependent variable was optimal inventory level of each environment. Finally the standard blood inventory level decision rule was developed using the backward elimination procedure to select the best regression equation. And the effective alternatives of the issuing policy and crossmatch release period were suggested according to the measures of performance under the condition of the standard blood inventory level. The results of this study' were as follows ; 1. The formulae to calculate the standard blood inventory level($S^*$)was $S^*=2.8617X(d)^{0.9342}$ where d is the mean daily crossmatch(demand) for a blood type. 2. The measures of performace - outdate rate, average period of storage, mean age of transfused bloods, and mean daily available inventory level - were improved after maintenance of the standard inventory level in comparison with the present system. 3. Issuing policy of First In-First Out(FIFO) decreased the outdate rate, while Last In-First Out(LIFO) decreased the mean age of transfused bloods. The decrease of the crossmatch release period reduced the outdate rate and the mean age of transfused bloods.

• Journal of Korea Water Resources Association
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• v.39 no.9 s.170
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• pp.755-766
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• 2006

Since the accuracy of climate forecast information has improved from better understanding of the climatic system, particularly, from the better understanding of ENSO and the improvement in meteorological models, the forecasted climate information is becoming the important clue for streamflow prediction. This study investigated the available climate forecast information to improve the extended streamflow prediction in Korea, such as MIMI(Monthly Industrial Meteorological Information) and GDAPS(Global Data Assimilation and Prediction) and measured their accuracies. Both MIMI and the 10-day forecast of GDAPS were superior to a naive forecasts and peformed better for the flood season than for the dry season, thus it was proved that such climate forecasts would be valuable for the flood season. This study then forecasted the monthly inflows to Chungju Dam by using MIMI and GDAPS. For MIMI, we compared three cases: All, Intersection, Union. The accuracies of all three cases are better than the naive forecast and especially, Extended Streamflow Predictions(ESPs) with the Intersection and with Union scenarios were superior to that with the All scenarios for the flood season. For GDAPS, the 10-day ahead streamflow prediction also has the better accuracy for the flood season than for the dry season. Therefore, this study proved that using the climate information such as MIMI and GDAPS to reduce the meteorologic uncertainty can improve the accuracy of the extended streamflow prediction for the flood season.

• Proceedings of the Korea Water Resources Association Conference
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• 2005.05b
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• pp.821-825
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• 2005

본 연구에서는 홍수조절 용 저수지의 예비방류 시행을 충분히 효과적으로 시행하고 강우종료 후에도 충분한 이수용량이 확보되도록 실시간 강우자료를 이용한 저수지 유입량 예측모형을 개발하였다. 사전예보(기상청 등)에 의한 총 예상강우량과 선행강우량, 현재 저수지 수위를 입력자료로 저수지 유입 총량과 수위변화량을 계산하여 홍수조절 응 저수지의 초기수위저하 및 하류 하도의 홍수방어를 사전에 대비할 수 있는 자료를 제시하였다. 또한, 유역을 하나의 통합시스템으로 구성하고 실제 강우가 시작되면 매시간 현시간 이후 강우가 중단된다는 가정 하에 현시점까지의 우량주상도를 통합시스템에 적용하여 이후 저수지 유입량을 예측하였다. 무한천 예당저수지에 적용하였으며 통합시스템의 구성은 저수지유역을 10개 소유역으로 분할하고 소유역별 홍수유출량은 Clark의 유역추적법, 하도구간은 Muskingum의 하도홍수추적 방법으로 계산되도록 하였다. 그리고 홍수유출시스템 내에는 강우관측소별 티센가중치에 따라 소유역별 평균강우량이 자동으로 입력되도록 하였으며, 예측정확도를 위해 현시간 이전까지 매시간마다 저수지의 수위변동과 실제 방류량으로부터 실측유입량을 산정하여 모형의 매개변수가 자동 보정되도록 하였다. 1995년 8월 23일$\~$8월 26일과 1999년 8월 2일$\~$8월 4일의 집중호우에 대하여 적용한 결과 모형의 예측정확도는 신뢰수준에 있었으며, 이와 같은 자료는 장수형 등(2005)이 제시한 효율적 저수지 운영관리 시스템과 하나로 통합되어 하류 하도의 통수능력을 고려한 홍수방어능력을 극대화한 예비방류의 시행과 강우종료 후에도 이수용량에는 손실이 없는 저수지의 관리방안의 지침이 되는데 효율적이라 판단되었다. 방법을 개발하여 개선시킬 필요성이 있다.>$4.3\%$로 가장 근접한 결과를 나타내었으며, 총 유출량에서도 각각 $7.8\%,\;13.2\%$의 오차율을 가지는 것으로 분석되어 타 모형에 비해 실유량과의 차가 가장 적은 것으로 모의되었다. 향후 도시유출을 모의하는 데 가장 근사한 유출량을 산정할 수 있는 근거가 될 것이며, 도시재해 저감대책을 수립하는데 기여할 수 있을 것이라 판단된다.로 판단되는 대안들을 제시하는 예비타당성(Prefeasibility) 계획을 수립하였다. 이렇게 제시된 계획은 향후 과학적인 분석(세부평가방법)을 통해 대안을 평가하고 구체적인 타당성(feasibility) 계획을 수립하는데 토대가 될 것이다.{0.11R(mm)}(r^2=0.69)$로 나타났다. 이는 토양의 투수특성에 따라 강우량 증가에 비례하여 점증하는 침투수와 구분되는 현상이었다. 경사와 토양이 같은 조건에서 나지의 경우 역시 $Ro_{B10}(mm)=20.3e^{0.08R(mm)(r^2=0.84)$로 지수적으로 증가하는 경향을 나타내었다. 유거수량은 토성별로 양토를 1.0으로 기준할 때 사양토가 0.86으로 가장 작았고, 식양토 1.09, 식토 1.15로 평가되어 침투수에 비해 토성별 차이가 크게 나타났다. 이는 토성이 세립질일 수록 유거수의 저항이 작기 때문으로 생각된다. 경사에 따라서는 경사도가 증가할수록 증가하였으며 $10\% 경사일 때를 기준으로 $Ro(mm)=Ro_{10}{\times}0.797{\times}e^{-0.021s(\%)}$로 나타났다.천성 승모판 폐쇄 부전등을 초래하는 심각한 선천성 심질환이다. 그러나 진단 즉시 직접 좌

• Journal of Korea Water Resources Association
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• v.40 no.4
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• pp.299-311
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• 2007

Climatic abnormal phenomena involving El Nino and La Nina have been frequently reported in recent decades. The interannual climate variability represented by El Nino-Southern Oscillation (ENSO) is sometimes investigated to account for the climatic abnormal phenomena around the world. Although many hydroclimatologists have studied the impact of ENSO on regional precipitation and streamflow, however, there are still many difficulties in finding the dominant causal relationship between them. This relationship is very useful in making hydrological forecasting models for water resources management. In this study, the seasonal relationships between ENSO and hydrologic variables were investigated in Korea. As an ENSO indicator, Southern Oscillation Index (SOI) was used. Monthly precipitation, monthly mean temperature, and monthly dam inflow data were used after being transformed to the standardized normal index. Seasonal relationships between ENSO and hydrologic variables were investigated based on the exceedance probability and distribution of hydrologic variables conditioned on the ENSO episode. The results from the analysis of this study showed that the warm ENSO episode affects increases in precipitation and temperature, and the cold ENSO episode is related with decreases in precipitation and temperature in Korea. However, in some regions, the local relationships do not correspond with the general seasonal relationship.

• Journal of Korea Water Resources Association
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• v.43 no.12
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• pp.1083-1091
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• 2010

Distributed hydrologic models typically require spatial estimates of precipitation interpolated from sparsely located observational points to the specific grid points. However, widely used estimation schemes fail to describe the realistic variability of daily precipitation field. We compare and contrast the performance of statistical methods for the spatial estimation of precipitation in two hydrologically different basins, and propose a two-step process for effective daily precipitation estimation. The methods assessed are: (1) Inverse Distance Weighted Average (IDW); (2) Multiple Linear Regression (MLR); (3) Climatological MLR; and (4) Locally Weighted Polynomial Regression (LWP). In the suggested simple two-step estimation process, precipitation occurrence is first generated via a logistic regression model before applying IDW scheme (one of the local scheme) to estimate the amount of precipitation separately on wet days. As the results, the suggested method shows the better performance of daily rainfall interpolation which has spatial differences compared with conventional methods. And this technique can be used for streamflow forecasting and downscaling of atmospheric circulation model effectively.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.10 no.4
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• pp.295-303
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• 2017

In this paper, we analyze the trends of the international shipping market and the domestic and foreign factors of the crisis of the domestic shipping market, and identify the characteristics of the recovery of the Busan New Port trade volume which has decreased since the crisis of the domestic shipping market We quantitatively analyzed the future volume of Busan New Port and analyzed the trends of the prediction and recovery trends. As a result of analyzing Busan New Port container cargo volume by using big data analysis tool R, the variation of Busan New Cargo container cargo volume was estimated by ARIMA model (1,0,1) (1,0,1)[12] Estimation error, AICc and BIC were the most optimal ARIMA models. Therefore, we estimated the estimated value of Busan New Port trade for 36 months by using ARIMA (1, 0, 1)[12], which is the optimal model of Busan New Port trade, and estimated 13,157,184 TEU, 13,418,123 TEU, 13,539,884 TEU, and 4,526,406 TEU, respectively, indicating that it increased by about 2%, 2%, and 1%.

• KIPS Transactions on Computer and Communication Systems
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• v.5 no.10
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• pp.347-352
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• 2016

Recently, IoT technology has been applied in various field. In particular, the technology focuses on analysing large amount of data that has been gathered from the environmental sensors, to provide valuable information. This technique has been actively researched in the agro-industrial sector. Many researches are underway in the monitoring and control for growth crop environment in agro-industrial. Normally, the average weather data is provided by the manual agro-control method but the value may differ due to the different region's weather and environment that may cause problem in the disease and insect-pest prevention. In order to develop a suitable integrated system for fruit tree, all the necessary information is obtained from the Jeollanam-do province, which has the high production rate in the Korea. In this paper, we propose an integrated support platform for the growing crops, to minimize the damage caused due to the weather disaster through image analysis, forecasting models, by using the micro-climate weather information collection and CCTV. The fruit tree damage caused by the weather disaster are controlled by utilizing various IoT technology by maintaining the growth environment, which helps in the disease and insect-pest prevention and also helps farmers to improve the expected production.

• Journal of Korean Society of Transportation
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• v.29 no.6
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• pp.97-106
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• 2011

Mode choice model is an essential element for estimating- the demand of new means of transportation in the planning stage as well as in the establishment phase. In general, current demand analysis model developed for the mode choice analysis applies common parameters of utility function in each region which causes inaccuracy in forecasting mode choice behavior. Several critical problems from using common parameters are: a common parameter set can not reflect different distribution of coefficient for travel time and travel cost by different population. Consequently, the resulting model fails to accurately explain policy variables such as travel time and travel cost. In particular, the nonlinear logit model applied to aggregation data is vulnerable to the aggregation error. The purpose of this paper is to consider the regional characteristics by adopting the parameters fitted to each area, so as to reduce prediction errors and enhance accuracy of the resulting mode choice model. In order to estimate parameter of each area, this study used Household Travel Survey Data of Metropolitan Transportation Authority. For the verification of the model, the value of time by marginal rate of substitution is evaluated and statistical test for resulting coefficients is also carried out. In order to crosscheck the applicability and reliability of the model, changes in mode choice are analyzed when Seoul subway line 9 is newly opened and the results are compared with those from the existing model developed without considering the regional characteristics.

• Journal of Environmental Impact Assessment
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• v.15 no.4
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• pp.249-258
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• 2006

Impacts of global warming have been identified in many areas including natural ecosystem. A good number of studies based on climate models forecasting future climate have been conducted in many countries worldwide. Due to its global coverage, GCM, which is a most frequently used climate model, has limits to apply to Korea with such a narrower and complicated terrain. Therefore, it is necessary to perform a study impact assessment of climate changes with a climate model fully reflecting characteristics of Korean climate. In this respect, this study was designed to compare and analyze the GCM and RCM in order to determine a suitable climate model for Korea. In this study, spatial scope was Korea for 10 years from 1981 to 1990. As a research method, current climate was estimated on the basis of the data obtained from observation at the GHCN. Future climate was forecast using 4 GCMs furnished by the IPCC among SRES A2 Scenario as well as the RCM received from the NIES of Japan. Pearson correlation analysis was conducted for the purpose of comparing data obtained from observation with GCM and RCM. As a result of this study, average annual temperature of Korea between 1981 and 1990 was found to be around $12.03^{\circ}C$, with average daily rainfall being 2.72mm. Under the GCM, average annual temperature was between 10.22 and $16.86^{\circ}C$, with average daily rainfall between 2.13 and 3.35mm. Average annual temperature in the RCM was identified $12.56^{\circ}C$, with average daily rainfall of 5.01mm. In the comparison of the data obtained from observation with GCM and RCM, RCMs of both temperature and rainfall were found to well reflect characteristics of Korea's climate. This study is important mainly in that as a preliminary study to examine impact of climate changes such as global warming it chose appropriate climate model for our country. These results of the study showed that future climate produced under similar conditions with actual ones may be applied for various areas in many ways.