• Title/Summary/Keyword: impact-based forecast

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Low-Level Wind Shear (LLWS) Forecasts at Jeju International Airport using the KMAPP (고해상도 KMAPP 자료를 활용한 제주국제공항에서 저층 윈드시어 예측)

  • Min, Byunghoon;Kim, Yeon-Hee;Choi, Hee-Wook;Jeong, Hyeong-Se;Kim, Kyu-Rang;Kim, Seungbum
    • Atmosphere
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    • v.30 no.3
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    • pp.277-291
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    • 2020
  • Low-level wind shear (LLWS) events on glide path at Jeju International Airport (CJU) are evaluated using the Aircraft Meteorological Data Relay (AMDAR) and Korea Meteorological Administration Post-Processing (KMAPP) with 100 m spatial resolution. LLWS that occurs in the complex terrains such as Mt. Halla on the Jeju Island affects directly aircraft approaching to and/or departing from the CJU. For this reason, accurate prediction of LLWS events is important in the CJU. Therefore, the use of high-resolution Numerical Weather Prediction (NWP)-based forecasts is necessary to cover and resolve these small-scale LLWS events. The LLWS forecasts based on the KMAPP along the glide paths heading to the CJU is developed and evaluated using the AMDAR observation data. The KMAPP-LLWS developed in this paper successfully detected the moderate-or-greater wind shear (strong than 5 knots per 100 feet) occurred on the glide paths at CJU. In particular, this wind shear prediction system showed better performance than conventional 1-D column-based wind shear forecast.

Impact of Vocational Training on Wages of Ethnic Minority Labors in Vietnam

  • DO, Ha Thi Hai;MAI, Cuong Ngoc;MAI, Anh Ngoc;NGUYEN, Nui Dang;PHAM, Toan Ngoc;LE, Huong Thi Thu;TRAN, Manh Dung;VU, Tri Tuan
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.551-560
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    • 2020
  • This research investigates the impact of vocational training on wages of ethnic minority labors in emerging countries; Vietnam is the case study. The study uses secondary data from 2014 to 2018 collected through Vietnam Household Living Standards Surveys (VHLSS) conducted by the General Statistics Office. In order to analyze the impact of vocational training on wages of ethnic minority areas in Vietnam, this research creates ethnic area variables. According to Vietnamese regulations, ethnic areas are communes of 51 different provinces, inhabited by ethnic minority people. The statistics from VHLSS in 2018, show that the proportion of labors of working age with a certificate was 22.5%. The research employs Heckman Sample Selection Model to estimate the impact of vocation training on wage of labors in ethnic minority areas. The results show that vocational training plays a crucial role in improving the wages of ethnic minorities and has a positive impact. However, apart from the achieved outcomes, vocational training and job creation for ethnic minorities are not without limitations and shortcomings. Based on the findings, some recommendations to ethnic minority labors, enterprises and the Government are proposed to encourage participation in vocational training for the purpose of promoting the efficiency of the labor market.

Analysis of Traffic Characteristics of General National Roads by Snowfall in Gangwon-do (강원도에서 적설에 의한 일반국도 교통 특성 분석)

  • Jo, Eun Su;Kwon, Tae-Yong;Kim, Hyunuk;Kim, Kyu Rang;Kim, Seung Bum
    • Atmosphere
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    • v.31 no.2
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    • pp.157-170
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    • 2021
  • To investigate the effect of snowfall on the traffic of general roads in Gangwon-do, case analysis was performed in Gangneung, Pyeongchang, and Chuncheon using ASOS (Automated Synoptic Observing System) snowfall data and VDS (Vehicle Detector System) traffic data. First, we analyzed how much the traffic volume and speed decrease in snowfall cases on regional roads compared to non-snow cases, and the characteristics of monthly reduction due to snowfall were investigated. In addition, Pearson correlation analysis and regression analysis were performed to quantitatively grasp the effect of snowfall on traffic volume and speed, and sensitivity tests for snowfall intensity and cumulative snowfall were performed. The results showed that the amount of snowfall caused decrease both in the traffic volume and speed from usual (non-snowfall) condition. However, the trend was different by region: The decrease rate in traffic volume was in the order of Gangneung (17~22%), Chuncheon (14~17%), and Pyeongchang (11~14%). The decrease rate in traffic speed was in the order of Chuncheon (9~10%), Gangneung (8~9%), Pyeongchang (5~6%). No significant results were found in the monthly decrease rate analysis. In all regions, traffic volume and speed showed a negative correlation with snowfall. It was confirmed that the greater the amount of traffic entering the road, the greater the slope of the trend line indicating the change in snowfall due to the traffic volume. As a result of the sensitivity test for snowfall intensity and cumulative snowfall, the snowfall information at intervals of 6-hours was the most significant.

Forecasting Foreign Visitors using SARIMAX Models with the Exogenous Variable of Demand Decrease (수요감소 요인 외생변수를 갖는 SARIMAX 모형을 이용한 관광수요 예측)

  • Lee, Geun-Cheol;Choi, Seong-Hoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.43 no.4
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    • pp.59-66
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    • 2020
  • In this study, we consider the problem of forecasting the number of inbound foreigners visiting Korea. Forecasting tourism demand is an essential decision to plan related facilities and staffs, thus many studies have been carried out, mainly focusing on the number of inbound or outbound tourists. In order to forecast tourism demand, we use a seasonal ARIMA (SARIMA) model, as well as a SARIMAX model which additionally comprises an exogenous variable affecting the dependent variable, i.e., tourism demand. For constructing the forecasting model, we use a search procedure that can be used to determine the values of the orders of the SARIMA and SARIMAX. For the exogenous variable, we introduce factors that could cause the tourism demand reduction, such as the 9/11 attack, the SARS and MERS epidemic, and the deployment of THAAD. In this study, we propose a procedure, called Measuring Impact on Demand (MID), where the impact of each factor on tourism demand is measured and the value of the exogenous variable corresponding to the factor is determined based on the measurement. To show the performance of the proposed forecasting method, an empirical analysis was conducted where the monthly number of foreign visitors in 2019 were forecasted. It was shown that the proposed method can find more accurate forecasts than other benchmarks in terms of the mean absolute percentage error (MAPE).

PRACTICAL APPROACHES TO RISK MANAGEMENT FOR GLOBAL CONTRACTORS

  • Seung Heon Han;Du Yon Kim;Han Him Kim
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.1231-1236
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    • 2005
  • Global construction projects manifest more risks than do other industries. Often, firms doing business in construction markets find these risks intimidating. To secure corresponding profits, many global contractors attempt to forecast the effects of risks and establish risk management strategies. However, one key problem with present-day risk management methods is that they are basically analytical or mathematical-oriented approaches which are not easy to adopt in real business. Based on preliminary investigations and evaluations of current tools, this research elicits more practical algorithms for risk checklist by constructing risk scenarios over the whole period of project execution. For the application of the algorithms, a "SE/RF" (Source-Event/Regular-Floating) checklist is suggested, which sorts out risk sources and their subsequent events, as well as dividing various risk factors into either regular or floating categories. In addition, the "PIS" (Probability-Impact-Significance) method is introduced, in place of traditional "PI" (Probability-Impact) methods, by adding the additional criterion of "risk significance" to determine the degree of risk exposure in a more realistic way. As a result, we draw the significant finding that the "PIS" method presents a closer evaluation regarding degree of risk exposure as compared to the level of expert judgments than those from traditional methods. Finally, we provide an integrated procedure for international project risk management with all of the research achievements being incorporated.

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The Impact of Product Variety in The Supply Chain: An Integrative Review and Future Research Direction (제품다양성이 공급사슬에 미치는 영향: 종합리뷰 및 미래연구방향)

  • Youngah Kim
    • Asia Marketing Journal
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    • v.7 no.1
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    • pp.67-89
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    • 2005
  • In recent decades, product variety has increased dramatically in most industries. Rapidly evolving technologies, global competition, and sophisticated customers have contributed to an increase in product variety in many industries. In this paper, I study the impact of product variety on several businesses in the supply chain through literature review. By study of literature. this paper presents the benefits and drawbacks of increasing product variety on functions performed in several departments, such as engineering, manufacturing, purchasing, logistics and marketing. It provides a brief overview of the various techniques like modularity, component sharing, and platform-based development, which are helpful in reducing the costs, when designing for variety. It also provides a brief overview of order processing, purchased component/part variety, which are helpful in reducing the purchasing costs, and customer satisfaction, market advantage, market share, competitive advantage and demand forecast, which are useful in impact of product variety on marketing. Future research directions are discussed.

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Foreign Exchange Rate Uncertainty in Korea

  • Lee, Seojin
    • East Asian Economic Review
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    • v.24 no.2
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    • pp.165-184
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    • 2020
  • Applying Ismailov and Rossi (2018), I newly construct the Korea FX uncertainty based on the density distribution of historical forecast errors. This uncertainty index properly captures the rare but significant events in the Korean currency market and provides information distinct from other uncertainty measures in recent studies. I show that 1) FX uncertainty arising from unexpected depreciation has a stronger impact on Korea-U.S. exchange rates and that 2) macro variables, such as capital flows or interest rate differentials, have predictive ability regarding Korea FX uncertainty for short horizons. These findings enable us to predict the events of sudden currency crashes and understand the Korea-U.S. exchange rate dynamics.

A Case Study on the Impact of Ground-based Glaciogenic Seeding on Winter Orographic Clouds at Daegwallyeong (겨울철 대관령지역 지형성 구름에 대한 지상기반 구름씨뿌리기 영향 사례연구)

  • Yang, Ha-Young;Chae, Sanghee;Jeong, Jin-Yim;Seo, Seong-Kyu;Park, Young-San;Kim, Baek-Jo
    • Journal of the Korean earth science society
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    • v.36 no.4
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    • pp.301-314
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    • 2015
  • The purpose of this study was to investigate the impact of ground-based glaciogenic seeding on orographic clouds in the Daegwallyeong area on 13 March, 2013. The experiments was conducted by releasing silver iodide (AgI) under following conditions: surface temperature below $-4^{\circ}C$, wind direction between 45 and $130^{\circ}$, and wind speed less than $5ms^{-1}$. Two seeding rates, $38gh^{-1}$ (SR1) and $113gh^{-1}$ (SR2), were tested to obtain an appropriate AgI ratio for snowfall enhancement in the Daegwallyeong area. Numerical simulations were carried out by using the WRF (Weather Research and Forecast) model with AgI point-source module which predicted dispersion fields of AgI particles. The results indicated that the target orographic clouds contained adequate amount of supercooled liquid water and that the dispersion of AgI particles tended to move along the prevailing wind direction. To validate the seeding effects, the observation data from FM-120 and MPS as well as PARSIVEL disdrometer were analyzed. In this case study, glaciogenic seeding significantly increased the concentration of small ice particles below 1 mm in diameter. The observation results suggest that SR1 seeding be reasonable to use the ground-based seeding in the Daegwallyeong area.

Development of Strategic Environment Assessment Model in Urban Development Plan - In case of Metropolitan Plan - (도시개발 행정계획의 전략환경평가 모델개발 - 광역도시계획에의 사례적용 -)

  • Choi, Hee-Sun;Song, Young-Il
    • Journal of Environmental Impact Assessment
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    • v.19 no.4
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    • pp.381-396
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    • 2010
  • It is essential to consider strategies, spatial planning, and reflection of sustainability for the creation of sound urban spaces. To this end, there is a need for plans that can secure better sustainability through strategic environmental assessment (SEA) of plans. This study examined the literature and available precedent to develop a SEA model for administrative plans for urban development including metropolitan plans, urban master plans and urban management plans. In the course of development of the model, environmental issues associated with the urban plans were analyzed by classifying them into ten categories, including "spatial planning," "conservation planning," "greenbelt systems," "habitats." and etc. according to their rank. Furthermore, those issues were reflected on the development of environmental evaluation indices for the plans. Overall and detailed environmental indices that can be applied to the administrative plans for urban development including metropolitan plans, urban master plans and urban management plans were devised for five stages: (1) Establishment of development goals and strategy, (2) Analysis of current status and characteristics, (3) Conceptualization of spatial structure, (4) Planning for each department, and (5) Execution and management. Sub plans are more detailed and concrete. Criteria based on the evaluation indices, when performing evaluations on plans based on each environmental assessment index in reference to experts and the literature, were used to forecast their effects, i.e. whether they had a positive, negative, or no effect or relationship, or whether their effects was uncertain. Based on the forecasts, this study then presents means to establish more improvable plans. Furthermore, by synthesis of the effects according to each index and integration of the process, plans were analyzed overall. This study reflects the characteristics of the present time period based on issues in the SEA process and techniques in upper level administrative plans being newly established, and presents them according to the stage of each plan. Furthermore, by forecasting the effect of plans by stage, this study presents proposals for improvement, and in this aspect, can be meaningful in promoting plan improvements through SEA.

Demand Prediction of Furniture Component Order Using Deep Learning Techniques (딥러닝 기법을 활용한 가구 부자재 주문 수요예측)

  • Kim, Jae-Sung;Yang, Yeo-Jin;Oh, Min-Ji;Lee, Sung-Woong;Kwon, Sun-dong;Cho, Wan-Sup
    • The Journal of Bigdata
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    • v.5 no.2
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    • pp.111-120
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    • 2020
  • Despite the recent economic contraction caused by the Corona 19 incident, interest in the residential environment is growing as more people live at home due to the increase in telecommuting, thereby increasing demand for remodeling. In addition, the government's real estate policy is also expected to have a visible impact on the sales of the interior and furniture industries as it shifts from regulatory policy to the expansion of housing supply. Accurate demand forecasting is a problem directly related to inventory management, and a good demand forecast can reduce logistics and inventory costs due to overproduction by eliminating the need to have unnecessary inventory. However, it is a difficult problem to predict accurate demand because external factors such as constantly changing economic trends, market trends, and social issues must be taken into account. In this study, LSTM model and 1D-CNN model were compared and analyzed by artificial intelligence-based time series analysis method to produce reliable results for manufacturers producing furniture components.