• Title/Summary/Keyword: weighted average

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A Study on the Estimation of Economic Depreciation Rate on Industrial Property Using Equal Life Group Procedure (ELG 방법을 활용한 제조설비의 경제적 감가상각률 추정방안)

  • Oh, H.S.;Kwon, S.H.;Sung, I.S.;Cho, J.H.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.1
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    • pp.53-57
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    • 2013
  • Several different depreciation systems may be used for group depreciation. The vintage group procedure treats the same type of property placed in service during the same year as a distinct group for depreciation purposes; therefore an estimate of the probable average service life and net salvage ratio(s) of each individual vintage is necessary. The vintage group procedure calculates an accrual rate for each vintage and the accrual rate for an account for specific calendar year is the weighted average vintage accrual rate for that calendar year. A further refinement would be to divide each vintage into groups such that all of the dollars in a group have the same estimated life-an equal life group (ELG). Then each ELG is depreciated over its estimated life. The effect is to recover each dollar over the estimated number of years it is in service. Each vintage is divided into several equal life groups (ELGs) such that all the property in a specific ELG has the same estimated life. The accrual rate for each ELG is based on the estimated life of that ELG. The vintage accrual rate for a specific year is the weighted average ELG accrual rate for that calendar year. In this paper, we illustrate the calculations of vintage accrual rates for each of the calendar years by the ELG depreciation systems.

Feature selection and Classification of Heart attack Using NEWFM of Neural Network (뉴럴네트워크(NEWFM)를 이용한 심근경색의 특징추출과 분류)

  • Yoon, Heejin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.19 no.5
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    • pp.151-155
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    • 2019
  • Recently heart attack is 80% of the sudden death of elderly. The causes of a heart attack are complex and sudden, and it is difficult to predict the onset even if prevention or medical examination is performed. Therefore, early diagnosis and proper treatment are the most important. In this paper, we show the accuracy of normal and abnormal classification with neural network using weighted fuzzy function for accurate and rapid diagnosis of myocardial infarction. The data used in the experiment was data from the UCI Machine Learning Repository, which consists of 14 features and 303 sample data. The algorithm for feature selection uses the average of weight method. Two features were selected and removed. Heart attack was classified into normal and abnormal(1-normal, 2-abnormal) using the average of weight method. The test result for the diagnosis of heart attack using a weighted fuzzy neural network showed 87.66% accuracy.

Evaluating the ANSS and ATS Values of the Multivariate EWMA Control Charts with Markov Chain Method

  • Chang, Duk-Joon
    • Journal of Integrative Natural Science
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    • v.7 no.3
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    • pp.200-207
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    • 2014
  • Average number of samples to signal (ANSS) and average time to signal (ATS) are the most widely used criterion for comparing the efficiencies of the quality control charts. In this study the method of evaluating ANSS and ATS values of the multivariate exponentially weighted moving average (EWMA) control charts with Markov chain approach was presented when the production process is in control state or out of control state. Through numerical results, it is found that when the number of transient state r is less than 50, the calculated ANSS and ATS values are unstable; and ATS(r) tends to be stabilized when r is greater than 100; in addition, when the properties of multivariate EWMA control chart is evaluated using Markov chain method, the number of transient state r requires bigger values when the smoothing constatnt ${\lambda}$ becomes smaller.

A Study on Resin Flow through a Multi-layered Preform in Resin Transfer Molding (수지이송성형시 다층 예비성형체 내부에서의 수지유동 및 투과 계수에 관한 연구)

  • Seong, Dong-Gi;Youn, Jae-Ryoun
    • Proceedings of the Korean Society For Composite Materials Conference
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    • 2001.05a
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    • pp.176-179
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    • 2001
  • When the preform is composed of more than two layers with different in-plane permeability in resin transfer molding, effective average permeability should be determined for the flow analysis in the mold. The most frequently used averaging scheme is the weighted average scheme, but it does not account for the transverse flow between adjacent layers. A new averaging scheme is proposed predicting the effective permeability of the multi-layered preform, which accounts for the transverse flow effect. The new scheme is verified by measuring the effective permeability of the multi-layered preforms and the difference in each flow front position.

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An Adaptive Synthetic Control Chart for Detecting Shifts in the Process Mean (공정평균 이동을 탐지하기 위한 적응 합성 관리도)

  • Lim Taejin
    • Journal of Korean Society for Quality Management
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    • v.32 no.4
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    • pp.169-183
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    • 2004
  • The synthetic control chart (SCC) proposed by Wu and Spedding (2000) is to detect shifts in the process mean. The performance was re-evaluated by Davis and Woodall (2002), and the steady-state average run length (ARL) performance was shown to be inferior to cumulative sum (CUSUM) or exponentially weighted moving average (EWMA) chart This paper proposes a simple adaptive scheme to improve the performance of the synthetic control chart. That is, once a non-conforming (NC) sample occurs, we investigate the next L-consecutive samples with larger sample sizes and shorter sampling intervals. We employ a Markov chain model to derive the ARL and the average time to s19na1 (ATS). We also propose a statistical design procedure for determining decision variables. Comprehensive comparative study shows that the proposed control chart is uniformly superior to the original SCC or double sampling (DS) Χ chart and comparable to the EWMA chart in ATS performance.

Construction of an Economic Sentiment Indicator for the Korean Economy

  • Moon, Hye-Jung
    • The Korean Journal of Applied Statistics
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    • v.24 no.5
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    • pp.745-758
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    • 2011
  • An Economic Sentiment Indicator(ESI) is a composite indicator of business survey indices(BSI) and consumer survey indices(CSI). The ESI designed to reflect economic agents' (this includes producers and consumers) overall perceptions of economic activity in a one-dimensional index. The European Commission has published an ESI since 1985. This paper demonstrates the construction of an ESI for the Korean economy. The BSI and CSI components (having a high correlation and a leading feature with respect to GDP) are selected to construct the ESI and they are aggregated using a weighted average and then scaled to have a long-term average of 100 and a standard deviation of 10. Thus values greater than 100 indicate an above-average economic sentiment and vice versa. The newly constructed Korean ESI that extends to January 2003 shows a good tracking performance of GDP and adequately reflects the overall perception of economic activity.

Exponentially Weighted Moving Average Control Charts for Counted Data (계수치 데이터를 위한 EWMA 관리도)

  • An, Dong-Geun;Jang, Joong-Soon
    • Journal of Korean Society for Quality Management
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    • v.22 no.4
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    • pp.13-27
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    • 1994
  • This study is concerned with design of EWMA control charts for counted data. Control charts for the fraction defective and the number of defects are designed. Performance analysis is accomplished for validity of the designed EWMA control charts. Average run length(ARL) is adopted as a criterion for comparison. Simulation results show that the designed EWMA control charts have shorter ARL than pn, p and c control charts when the fraction nonconforming or the average defect number are shifted. This means that the designed control charts can detect the out of -control state of the process more fastly than the traditional control charts.

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Development of a Hybrid Exponential Forecasting Model for Household Electric Power Consumption (가정용(家庭用) 전력수요예측(電力需要豫測)을 위(爲)한 혼합지표(混合指表) 모델의 개발(開發))

  • Hwang, Hak;Kim, Jun-Sik
    • Journal of Korean Institute of Industrial Engineers
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    • v.7 no.1
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    • pp.21-31
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    • 1981
  • This paper develops a short term forecasting model for household electric power consumption in Seoul, which can be used for the effective planning and control of utility management. The model developed is based on exponentially weighted moving average model and incorporates monthly average temperature as an exogeneous factor so as to enhance its forecasting accuracy. The model is empirically compared with the Winters' three parameter model which is widely used in practice and the Box-Jenkins model known to be one of the most accurate short term forecasting techniques. The result indicates that the developed hybrid exponential model is better in terms of accuracy measured by average forecast error, mean squared error, and autocorrelated error.

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SHORT-TERM WIND SPEED FORECAST BASED ON ARMA MODEL IN JEJU ISLAND (제주도에서의 ARMA 모델을 기반으로한 단기 풍속 예측)

  • Do, Duy Phuong N.;Lim, Jintaek;Lee, Yeonchan;Oh, Ungjin;Choi, Jaeseok
    • Proceedings of the KIEE Conference
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    • 2015.07a
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    • pp.329-330
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    • 2015
  • From the results of previous my paper [10] in 2015 year of economic and electrical power storage research conference in Naju, this paper describes an application of autoregressive and moving average (ARMA) model to forecast hourly average wind speed (HAWS) in Jeju island. The models are used to build up short-term forecast of hourly average wind speed by the weighted sum of previous wind speed values.

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Weighted Histogram Equalization Method adopting Weber-Fechner's Law for Image Enhancement (이미지 화질개선을 위한 Weber-Fechner 법칙을 적용한 가중 히스토그램 균등화 기법)

  • Kim, Donghyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.7
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    • pp.4475-4481
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    • 2014
  • A histogram equalization method have been used traditionally for the image enhancement of low quality images. This uses the transformation function, which is a cumulative density function of an input image, and it has mathematically maximum entropy. This method, however, may yield whitening artifacts. This paper proposes the weighted histogram equalization method based on histogram equalization. It has Weber-Fechner's law for a human's vision characteristics, and a dynamic range modification to solve the problem of some methods, which yield a transformation function, regardless of the input image. Finally, the proposed transformation function was calculated using the weighted average of Weber-Fechner and the histogram equalization transformation functions in a modified dynamic range. The simulation results showed that the proposed algorithm effectively enhances the contrast in terms of the subjective quality. In addition, the proposed method has similar or higher entropy than the other conventional approaches.