• Title/Summary/Keyword: Bank Performance

Search Result 556, Processing Time 0.025 seconds

The Applicable Standards for the Injunction in Letters of Credit Disputes (신용상거래분쟁(信用狀去來紛爭)에서의 법원의 Injunction 적용기준(適用基準))

  • Kim, Sang-Ho;Kim, Jong-Chil
    • Journal of Arbitration Studies
    • /
    • v.8 no.1
    • /
    • pp.323-352
    • /
    • 1998
  • Documentary letters of credit including standby letters of credit are governed by the independence or abstraction rule and the doctrine of strict compliance. Since the former rule requires the issuing bank to honor the drafts regardless of the defective performance of the underlying contract, the applicant(the customer) will be without a remedy if he is unable to make himself whole by litigation on the underlying contract. Therefore, the applicant is exposed to a risk much higher than in the commercial letters of credit. The Uniform Customs and Practice for Documentary Credit(UCP) has no provisions allowing legal relief for the applicant on the abuse of L/C by unscrupulous beneficiary, but UCC ${\S}5-114$ has provision allowing injunctive relief for the applicant. In this paper, I attempted to clarify certain standards of injunctive relief available for the customer in the credit. When there is fraud in the L/C transaction by any of the parties concerned, we must weigh the principle of independence or abstraction and the fraud rules. According to banking practice and judicial precedence, we need not keep the principle of independence and abstaction even in fraudulent transaction and the bona fide sufferer must be protected. The purpose of this paper is to review the studies of Fraud rule and the Injunction and to suggest the applicable standards for the Injunction therory under letters of credit. Specially this paper analysed the following ; (1) the guideline for the fraud (exception) rule to the autonomy principle, (2) the appilcable standards of the Injunction, and (3) the implications on parties concerned in letters of credit transaction. Conclusively, the Injunction should be granted if (1) there is clear proof of fraud (2) the fraud constitutes fraudulent abuse if the independent purpose of L/C (3) irreparble injury might follow if injunction is not granted or the recovery of damages would be seriously endangered.

  • PDF

A Study on the Convergent Change Revitalization of Paradigm for Intangible Cultural Heritage Transmission Support Policy (무형문화유산 전승지원 정책 패러다임의 융합적 변화에 관한 활성화 방안 연구)

  • Jeon, Chil-Soo
    • Journal of the Korea Convergence Society
    • /
    • v.9 no.9
    • /
    • pp.441-447
    • /
    • 2018
  • Korea has been designated as a National Intangible Cultural Heritage with outstanding value among intangible cultural heritage. We have supported various exhibitions and performance activities, and the Intangible Cultural Heritage Public Events. However, in recent years, more diverse policies have been pursued in order to revitalize transmission activities and the State is leading the Completion examination system. In order to improve the utilization of crafts, we introduced a Craft Bank System. In addition, to increase the marketability of crafts, we have implemented the certification system for crafts. For the diversity of transmission activities, we are promoting the Transmission Education School System. In order to fuse traditional activities, the Intangible Cultural Heritage Exhibition is being held and the World Heritage Forum is being pursued. In this study, we analyze various policies of the new intangible cultural heritage and investigate the problems and seek ways to improve them.

Development of Autonomous Mobile Robot with Speech Teaching Command Recognition System Based on Hidden Markov Model (HMM을 기반으로 한 자율이동로봇의 음성명령 인식시스템의 개발)

  • Cho, Hyeon-Soo;Park, Min-Gyu;Lee, Hyun-Jeong;Lee, Min-Cheol
    • Journal of Institute of Control, Robotics and Systems
    • /
    • v.13 no.8
    • /
    • pp.726-734
    • /
    • 2007
  • Generally, a mobile robot is moved by original input programs. However, it is very hard for a non-expert to change the program generating the moving path of a mobile robot, because he doesn't know almost the teaching command and operating method for driving the robot. Therefore, the teaching method with speech command for a handicapped person without hands or a non-expert without an expert knowledge to generate the path is required gradually. In this study, for easily teaching the moving path of the autonomous mobile robot, the autonomous mobile robot with the function of speech recognition is developed. The use of human voice as the teaching method provides more convenient user-interface for mobile robot. To implement the teaching function, the designed robot system is composed of three separated control modules, which are speech preprocessing module, DC servo motor control module, and main control module. In this study, we design and implement a speaker dependent isolated word recognition system for creating moving path of an autonomous mobile robot in the unknown environment. The system uses word-level Hidden Markov Models(HMM) for designated command vocabularies to control a mobile robot, and it has postprocessing by neural network according to the condition based on confidence score. As the spectral analysis method, we use a filter-bank analysis model to extract of features of the voice. The proposed word recognition system is tested using 33 Korean words for control of the mobile robot navigation, and we also evaluate the performance of navigation of a mobile robot using only voice command.

Development and Performance Test of a l00hp HTS Motor

  • Sohn, M.H.;Baik, S.K.;Lee, E.Y.;Kwon, Y.K.;Yun, M.S.;Moon, T.S.;Park, H.J.;Kim, Y.C.;Ryu, K.S.
    • Progress in Superconductivity and Cryogenics
    • /
    • v.6 no.4
    • /
    • pp.27-31
    • /
    • 2004
  • This paper describes the development and fabrication of a high temperature superconducting motor which consists of HTS rotor and air-core stator. The machine was designed for the rated power of 100hp at 1800 rpm. The HTS field windings are composed of the double-pancake coils wound with AMSC's SUS-reinforced Bi-2223 tape conductor. These were assembled on the support structure and fixed by a bandage of glass-fiber composite. The cooling system is based on the heat transfer mechanism of the thermosyphon by using GM cryocooler as cooling source. The cold head is in contact with the condenser of a Ne-filled thermosyphon. The rotor assembly was tested independently at the stationary state and combined with stator. Characteristic parameters such as reactances, inductances, and time constants were determined to obtain a consistent overview of the machine operation properties. This motor has met all design parameters by demonstrating HTS field winding, cryogenic refrigeration systems and an air-core armature winding cooled with air. The HTS field winding could be cooled down below 30K. No-load test of open-circuit characteristics(OCC) and short-circuit characteristics(SCC) and load test with resistive load bank were conducted in generator mode. Maximum operating current of field winding at 30K was 120A. From OCC and SCC test results synchronous inductance and synchronous reactance were 2.4mH, 0.49pu, respectively. Efficiency of this HTS machine was 93.3% in full load(100hp) test. This paper will present design, construction, and basic experimental test results of the 100hp HTS machine.

The Effects of Banking Service Quality on Consumer Satisfaction andPositive Word-of- Mouth: With Special Comparisons according to Genderand Age Groups (은행서비스 질이 소비자만족도 및 긍정적 구전에 미치는 영향 : 성별, 연령집단에 따른 비교)

  • Jeong, Woon-Young;Kim, Young-Seen
    • Journal of the Korean Home Economics Association
    • /
    • v.47 no.1
    • /
    • pp.13-24
    • /
    • 2009
  • The purpose of this study was to examine the effects of banking service quality on consumer satisfaction and positive word-of-mouth. A total of 330 bank consumers were investigated between Sept. 11 and Oct. 11, 2006. After sorting through the data, the responses of 299 consumer ( > 24 yrs old) were used for analysis. SERVPERF, the performance component of the Service Quality scale (SERVQUAL), was used to measure the four dimensions of reliability, responsiveness/empathy, assurance, and tangibles. Responses were partitioned by age and gender. The major findings were as follows; The effect of service quality by SERVPERF on consumer satisfaction and positive word-of-mouth did not differ according to gender. However, positive recommendation in males was directy related to the technical quality evaluate. In females, higher the functional quality evaluate was directly related to higher positive word-of-mouth recommendation. The effect of service quality by SERVPERF on consumer satisfaction was not revealed differently according to age. However, with respect to respondents under the age of 45, tangibles and assurance had a positive relationship with word-of-mouth recommendation. Furthermore, the higher the functional quality evaluate, the higher the level of positive word-of-mouth. Responsiveness/empathy was the most significant factor on positive word-of-mouth recommendation in respondents over the age of 45. In this age group, the higher the technical quality evaluate, the higher the level of positive word-of-mouth recommendation. These results have implications for banking service managers, particularly in improving service quality to increase consumer satisfaction and positive word-of-mouth. Future research is needed to replicate this study using more broad and representative samples in order to test the generalization of these findings.

A Study on Development of Integrated OPAC Based on Hypermedia Techniques (하이퍼미디어 기술에 기반한 통합 OPAC구현에 관한 연구)

  • Ahn, Tae Kyoung;Kim, Hyun Hee
    • Journal of Information Management
    • /
    • v.27 no.1
    • /
    • pp.1-39
    • /
    • 1996
  • The purpose of this paper is to design a model of integrated OPAC called as EconRef. This model not only provides users of libraries with systematic, rapid information service, but also supports librarians to do their tasks effectively. The designed model is constructed based on two operating systems such as REGIS system and The Book House and is developed by using KPWin++ is an expert system shell which combines hypertext and expert system functions. The designed system consists of six modules ; three reference expert systems for document sources, experts and statistical sources; OPAC ; external database ; user's guide. For the evaluation of the designed system, performance of EconRef system is compared with that of the naive and expert reference librarians. And also the features of the system are compared with those of REGIS systems. The tests comparing BconRef system searching with librarians searching have shown that EconRef system is at least as good as searching with expert librarians and much superior to searching with naive librarians.

  • PDF

Effect of silver nanoparticles on the performance of riverbank filtration: Column study (강변여과에서의 은나노입자의 영향 : 실험실규모 컬럼 실험)

  • Lee, Donghyun;No, Jin-Hyeong;Kim, Hyun-Chul;Choi, Jae-Won;Choi, Il-Hwan;Maeng, Sungkyu
    • Journal of Korean Society of Water and Wastewater
    • /
    • v.29 no.1
    • /
    • pp.77-88
    • /
    • 2015
  • Soil column experiments were evaluated effects of silver nanoparticles (i.e., 0, 2.5, 5, and 10 mg/L) on the microbial viability which is strongly associated with the degradation of organic matter, pharmaceutically active compounds(PhACs) and biological oxidation of nitrogenous compounds during river bank filtration. The addition of silver nanoparticles resulted in almost no change in the aqueous matrix. However, the intact cell concentration decreased with addition of silver nanoparticles from 2.5 to 10 mg/L, which accounted for 76% to 82% reduction compared to that of control (silver nanoparticles free surface water). The decrease in adenosine triphosphate was more pronounced; thus, the number and active cells in aqueous phase were concurrently decreased with added silver nanoparticles. Based on the florescence excitation-emission matrix and liquid chromatograph - organic carbon detection analyses, it shows that the removal of protein-like substances was relatively higher than that of humic-like substances, and polysaccharide was substantially reduced. But the extent of those substances removed during soil passage was decreased with the increasing concentration of silver nanoparticles. The attenuation of ionic PhACs ranged from 55% to 80%, depending on the concentration of silver nanoparticles. The attenuation of neutral PhACs ranged between 72% and 77%, which was relatively lower than that observed for the ionic PhACs. The microbial viability was affected by silver nanoparticles, which also resulted in inhibition of nitrifiers.

Threshold estimation for the composite lognormal-GPD models (로그-정규분포와 파레토 합성 분포의 임계점 추정)

  • Kim, Bobae;Noh, Jisuk;Baek, Changryong
    • The Korean Journal of Applied Statistics
    • /
    • v.29 no.5
    • /
    • pp.807-822
    • /
    • 2016
  • The composite lognormal-GPD models (LN-GPD) enjoys both merits from log-normality for the body of distribution and GPD for the thick tailedness of the observation. However, in the estimation perspective, LN-GPD model performs poorly due to numerical instability. Therefore, a two-stage procedure, that estimates threshold first then estimates other parameters later, is a natural method to consider. This paper considers five nonparametric threshold estimation methods widely used in extreme value theory and compares their performance in LN-GPD parameter estimation. A simulation study reveals that simultaneous maximum likelihood estimation performs good in threshold estimation, but very poor in tail index estimation. However, the nonparametric method performs good in tail index estimation, but introduced bias in threshold estimation. Our method is illustrated to the service time of an Israel bank call center and shows that the LN-GPD model fits better than LN or GPD model alone.

Using Neural Network Algorithm for Bead Visualization (뉴럴 네트워크 알고리즘을 이용한 비드 가시화)

  • Koo, Chang-Dae;Yang, Hyeong-Seok;Kim, Jung-Yeong;Shin, Sang-Ho
    • Journal of Welding and Joining
    • /
    • v.31 no.5
    • /
    • pp.35-40
    • /
    • 2013
  • In this paper, we propose the Tangible Virtual Reality Representation Method to using haptic device and feature to morphology of created bead from Flux Cored Arc Welding. The virtual reality was started to rising for reduce to consumable materials and welding training risk. And, we will expected maximize virtual reality from virtual welding training. In this paper proposed method is get the database to changing the input factor such as work angle, travelling angle, speed, CTWD. And, it is visualization to bead from extract to optimal morphological feature information to using the Neural Network algorithm. The database was building without error to extract data from automatic robot welder. Also, the Neural Network algorithm was set a dataset of the highest accuracy from verification process in many times. The bead was created in virtual reality from extract to morphological feature information. We were implementation to final shape of bead and overlapped in process by time to using bead generation algorithm and calibration algorithm for generate to same bead shape to real database in process of generating bead. The best advantage of virtual welding training, it can be get the many data to training evaluation. In this paper, we were representation bead to similar shape from generated bead to Flux Cored Arc Welding. Therefore, we were reduce the gap to virtual welding training and real welding training. In addition, we were confirmed be able to maximize the performance of education from more effective evaluation system.

An Improved Design Method of FIR Quadrature Mirror-Image Filter Banks (개선된 FIR QMF 뱅크의 설계 방법)

  • 조병모;김영수
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.29 no.2C
    • /
    • pp.213-221
    • /
    • 2004
  • A new method for design of two-channel finite-impulse response(FIR) quadrature mirror-image filter(QMF) banks with low reconstruction delay using weighting function is proposed. The weighting function used in this paper is calculated from the previous updated filter coefficients vector which is adjusted from iteration to iteration in the design of QMF banks. In this paper, passband and stopband edge frequency are used in design of QMF banks with low delay characteristic in time domain instead of specific frequency interval where the artifacts occur in conventional design method. The investigation of specific frequency interval where artifacts occur can not be required by using passband and stopband edge frequency. Some comparisons of performance are made with other existing design method to demonstrate the proposed method for QMF bank design. and it was observed that the proposed method using the weighted function and passband and stopband edge frequency improves the peak reconstruction error by 0.001 [dB], the peak-to-peak passband ripple by 0.003[dB], SNR with a white noise by 7[dB] and SNR with a step input by 32[dB], but with a reduction of the computational efficiency because of updating the weighting function over the conventional method in Ref [11].