• The Journal of Asian Finance, Economics and Business
• /
• v.2 no.4
• /
• pp.5-11
• /
• 2015

This study is the first to analyze performance of Taiwanese domestic equity funds between January 2009 and October 2014, the period during which quantitative redirected capital flows toward developing economies and the Taiwanese Stock Exchange Weighted Index compounded at approximately 12.9% annually. Adopting methods endorsed by earlier research, we evaluated 15 Taiwanese equity funds' performance relative to market averages using the Sharpe (1966) and Treynor (1965) ratios and Jensen's alpha method (1968). To test market timing proficiency, we applied the Treynor and Mazuy (1966) and Henriksson and Merton (1981) regression analysis methods. Jensen's alpha method (1968) was used to measure fund managers' stock selection skills. Results revealed that funds significantly under-performed Taiwan's average annual market return and demonstrated no exceptional stock-selection skills and market timing proficiency during the era of quantitative easing.

• Nuclear Engineering and Technology
• /
• v.36 no.5
• /
• pp.430-449
• /
• 2004

A quantitative model for a control system that integrates human operators, systems, and their interactions is developed based on discrete functions. After identifying the major entities and the key factors that are important to each entity in the control system, a quantitative analysis to estimate the recovery failure probability from an abnormal state is performed. A numerical analysis based on assumed values of related variables shows that this model produces reasonable results. The concept of 'relative sensitivity' is introduced to identify the major factors affecting the reliability of the control system. The analysis shows that the hardware factor and the design factor of the instrumentation system have the highest relative sensitivities in this model. T도 probability of human operators performing incorrect actions, along with factors related to human operators, are also found to have high relative sensitivities. This model is applied to an analysis of the TMI-2 nuclear power plant accident and systematically explains how the accident took place.

• Transportation Technology and Policy
• /
• v.7 no.2
• /
• pp.51-61
• /
• 2010

• Proceedings of the Korean Nuclear Society Conference
• /
• 2005.05a
• /
• pp.1201-1202
• /
• 2005

• Journal of Biomedical Engineering Research
• /
• v.16 no.2
• /
• pp.217-222
• /
• 1995

We propose some applications of image processing techniques to extract quantitative measurements by using a camera system developed in Korea university and Catholic Medical School. From now on the system will be called as KCMOTION. The purpose of this study is to provide basic kinematic and kinetic data for the analysis of human movements and to find the clinical usefulness and reliability of the proposed motion analysis system. Two tests, sit-to-stand (STS) movements and pendulum test, are conducted by the system. The aims of the tests are to identify variability and reliability of KCMOTION to give some quantitative comparisons to the other systems. The result of STS movement are compared to the LOCUS IIID motion analyzer by the ratio of maximum flexion movement per body weight to the actual maximum flexion extension torque per body weight. That result in 29 % and 33 % for hip and knee joint, respectively in KCMOTION and 27 % and 30 % in LOCUS IIID System. The results of the pendulum movements are compared to that of using Cybex and Electrogoniometer with relaxation index, amplitude ratio, swing number and swing time. The results of relaxation index and amplitude ratio of the KCMOTION are between those of the Cybex and Electrogoniometer. We also observed that the KCMOTION detect more natural movement, from the results of swing number and time.

• Industrial Engineering and Management Systems
• /
• v.4 no.2
• /
• pp.129-135
• /
• 2005

Continuous quality improvement through process refinement is a must for survival of all industries in the contemporary market place. This is true for both manufacturing and service sectors. While manufacturing has spearheaded quality efforts, the service sector has lagged behind primarily because of inherent difficulties. Customer satisfaction is perhaps the most important performance measure for service quality. There are a number of quality dimensions in service quality, such as reliability, responsiveness, assurance, empathy, and tangibles. An issue of concern is ‘how can one have a unified measure of service quality across all the dimensions?' The intent of this paper is to determine if the Analytical Hierarchy Process (AHP) method could be used to derive a single quality index. AHP is a quantitative technique that structures a multi-attribute, multi-person and multi-period problem hierarchically so that solutions are facilitated. This paper presents the development of an AHP model and the derivation of a Quality Index through it. The model is used in a hypothetical case and a quality index was developed. The advantages of using such a technique are discussed.

• Journal of Advanced Marine Engineering and Technology
• /
• v.38 no.10
• /
• pp.1354-1359
• /
• 2014

A survey is carried out for the future energy sources to be used for ship's propulsion and ship's machinery and operations. 44 global experts from Korea, America, Norway, Denmark, Japan and German who are currently working in the shipyard and offshore fields participated at the survey. Quantitative predications on the market shares of various energy sources, such as oil, LNG, fuel cell, wind energy, solar energy and nuclear energy are made. MPI (market prediction index) is considered as a quantitative index for easy comparison between future's energy sources used for ship's propulsion and operations. It is expected that the MPI of LNG becomes twofold in 2020 against 'before 2016'. It could be also said that hydrogen based fuel cell is expected to increase rapidly for the coming years unless a new alternative energy appears.

• Membrane Journal
• /
• v.12 no.2
• /
• pp.55-66
• /
• 2002

fouling phenomena of ion exchange membranes were reviewed for improved design and operation of electodialysis. The membrane fouling index for electrodialysis (EDMFI) was defined for the quantitative analysis of fouling potential as an analogy to the pressure-driven membrane process. fouling phenomena were compared in the electrodialysis experiments with inorganic foulant (silica sol) and organic foulants (humate and bovine serum albumin (BSA)), and their fouling potentials were analyzed using the fouling index. The comparison showed that the EDMFI could be used as a quantitative measure of the fouling tendency in electrodialysis processes. As a novel fouling mitigation method, square wave power was reported to be effective in electrodialysis with organic foulants. The square wave powers having the pulsed electric field enabled to reduce the membrane fouling significantly at an optimal frequency.

• Asian Pacific Journal of Cancer Prevention
• /
• v.17 no.sup3
• /
• pp.205-211
• /
• 2016

Excessive exposure to chemicals in the workplace can cause poisoning and various diseases. Thus, for the protection of labor, it is necessary to examine the exposure of people to chemicals and risks from these materials. The purpose of this study is to evaluate semi-quantitative health risks of exposure to harmful chemical agents in the context of carcinogenesis in a latex glove manufacturing industry. In this cross-sectional study, semi-quantitative risk assessment methods provided by the Department of Occupational Health of Singapore were used and index of LD50, carcinogenesis (ACGIH and IARC) and corrosion capacity were applied to calculate the hazard rate and the biggest index was placed as the basis of risk. To calculate the exposure rate, two exposure index methods and the actual level of exposure were employed. After identifying risks, group H (high) and E (very high) classified as high-risk were considered. Of the total of 271 only 39 (15%) were at a high risk level and 3% were very high (E). These risks only was relevant to 7 materials with only sulfuric acid placed in group E and 6 other materials in group H, including nitric acid (48.3%), chromic acid (6.9%), hydrochloric acid (10.3%), ammonia (3.4%), potassium hydroxide (20.7%) and chlorine (10.3%). Overall, the average hazard rate level was estimated to be 4 and average exposure rate to be 3.5. Health risks identified in this study showed that the manufacturing industry for latex gloves has a high level of risk because of carcinogens, acids and strong alkalisand dangerous drugs. Also according to the average level of risk impact, it is better that the safety design strategy for latex gloves production industry be placed on the agenda.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
• /
• v.16 no.5
• /
• pp.292-300
• /
• 2023

This paper proposes a patent discovery method and strategy for Generative AI-related patents by utilizing qualitative evaluation indicators established based on the core components of the technology. Currently, the evaluation of patent quality relies on quantitative indicators, but existing quantitative indicators cannot represent the characteristics of Generative AI technology, making it difficult to accurately evaluate. Therefore, there is a need for additional qualitative indicators that consider technical characteristics based on patent claims, which can reveal the actual strength of the patent. In this paper, we propose a new evaluation index considering the technical characteristics of Generative AI. Core patents were selected using the proposed evaluation index, and the appropriateness of the proposed index was verified through the existing quantitative evaluation method for the selected core patents.