• Title/Summary/Keyword: Economic-Statistical Design

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Design of Expected Loss Control Chart Considering Economic Loss (경제적 손실을 고려한 기대손실 관리도의 설계)

  • Kim, Dong-Hyuk;Chung, Young-Bae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.2
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    • pp.56-62
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    • 2013
  • Control chart is representative tool of Statistical Process Control (SPC). But, it is not given information about the economic loss that occurs when a product is produced characteristic value does not match the target value of the process. In order to manage the process, we should consider not only stability of the variation also produce products with a high degree of matching the target value that is most ideal quality characteristics. There is a need for process control in consideration of economic loss. In this paper, we design a new control chart using the quadratic loss function of Taguchi. And we demonstrate effectiveness of new control chart by compare its ARL with ${\overline{x}}-R$ control chart.

The Economic Design of $\bar{x}$ -S Chart Considering Measurement Error (측정오차를 고려한 $\bar{x}$ -S 관리도의 경제적 설계)

  • 유영창;강창욱
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.61
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    • pp.89-98
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    • 2000
  • For statistical process control, the process data are collected by the measurement system. But, the measurement system may have instrument error or/and operator error. In the measured values of products, the total observed variance consists of process variance and variance due to error of measurement system. In this paper, we design more practical T-s control chart considering estimated measurement error The effects of measurement error on the expected total cost and design parameters are investigated.

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Earthquake Loss Estimation Including Regional Characteristics (지역특성을 반영한 지진손실평가)

  • Kim, Joon-Hyung;Hong, Yun-Su;Yu, Eunjong
    • Journal of the Earthquake Engineering Society of Korea
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    • v.27 no.6
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    • pp.311-320
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    • 2023
  • When an earthquake occurs, the severity of damage is determined by natural factors such as the magnitude of the earthquake, the epicenter distance, soil properties, and type of the structures in the affected area, as well as the socio-economic factors such as the population, disaster prevention measures, and economic power of the community. This study evaluated the direct economic loss due to building damage and the community's recovery ability. Building damage was estimated using fragility functions due to the design earthquake by the seismic design code. The usage of the building was determined from the information in the building registrar. Direct economic loss was evaluated using the standard unit price and estimated building damage. The standard unit price was obtained from the Korean Real Estate Board. The community's recovery capacity was calculated using nine indicators selected from regional statistical data. After appropriate normalization and factor analysis, the recovery ability score was calculated through relative evaluation with neighboring cities.

Determinants of Bank Credit Distribution in Supporting Regional Economic Growth in South Sulawesi Province

  • Emily Nur SAIDY;Muhammad AMRI;Sanusi FATTAH;Sri Undai NURBAYANI
    • Journal of Distribution Science
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    • v.22 no.8
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    • pp.17-27
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    • 2024
  • Economic growth is influenced by various factors, including support from the banking world in channeling funds ownedthrough bank credit which will be a stimulus from economic activities as a source of economic growth. Purpose: Thisstudy aims to analyze the determinants of bank lending in supporting regional economic growth in South Sulawesi Province. Research Design, Data, and Methodology: This study uses secondary data taken from banking data and analyzed using path analysis Data analysis is carried out using the help of SPSS statistical analysis tools. Results: Non-Performance Loan, Three Partied Fund, Inflation, Exchange Rate directly affect economic growth. For the analysis of the indirect effect of Non-performance loans and Three Partied Funds have an indirect effect on economic growth through lending while the Loan to deposit Ratio, Inflation and exchange rate do not indirectly affect economic growththrough lending. Credit disbursement has a positive and significant effect on economic growth Conclusion: Economicgrowth of a region is influenced by many factors and these factors are influences from the banking world, the results ofthis study show that economic growth is strongly influenced by bank support through lending to support the economy by considering other factors such as interest rates and currency exchange rates

State of the Art of Segment Lining in Shield Tunnel and Statistical Analysis of Its Key Design Parameters (쉴드터널 세그먼트 라이닝의 최신 기술동향과 핵심 설계항목의 통계 분석)

  • Chang, Soo-Ho;Lee, Gyu-Phil;Choi, Soon-Wook;Bae, Gyu-Jin
    • Tunnel and Underground Space
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    • v.21 no.6
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    • pp.427-438
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    • 2011
  • Segment lining is a key permanent lining structure to maintain the shield tunnel stability in shield tunnel operation. Moreover, segment lining generally accounts for the largest proportion in the shield tunnel construction costs. As a result, technical improvements to increase its economic feasibility have been actively carried out. This study aims to propose the development directions of high-performance segments from their recent cutting technologies. In addition, based on over 2,100 world-widely collected segment design data, a series of statistical analyses of segment key design parameters such as thickness, width and the number of divisions as well as segment materials were carried out to approximately estimate them in a design stage.

A Study on Improved Method of Self-Employment Adequacy Analysis in Korea (한국의 자영업 적정규모 분석방법 개선에 관한 연구)

  • Suh, Geunha;Kim, Sungho;Suh, Changsoo
    • Journal of Distribution Science
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    • v.17 no.3
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    • pp.107-116
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    • 2019
  • Purpose - Why, why is it difficult to predict the appropriateness of self-employment, and what are the countermeasures and policy proposals to overcome. This study intends to further develop the field of statistical variables. It is necessary to overcome the limitation of existing proper scale research in Korea. We need to find statistical variables that can determine the appropriateness of self-employment in Korea. These efforts will be helpful in evaluating OECD countries and statistics and developing domestic economic indicators. Research design, data, and methodology - It is the discovery of statistical indicators and complementary indicators that have not been revealed in previous studies. Therefore, we sought to find new statistical parameters based on the statistics of the Korea National Statistical Office, the Bank of Korea, and overseas OECD statistics. (Proper Size of Adequacy) is defined as the specific gravity or number of the self-employed in Korea, which is shown as "Out Put" by statistical analysis of STATA panel statistical data. It is possible to further develop variables such as gross domestic product, gross national product, economic growth rate, unemployment rate, income tax rate, consumer price, tax level, exports, import amount, bill default I want to dig. Results - In addition to expanding economic indicators that can be explained by self-employment determinants, we have developed a variety of methods such as linear and non-linear (U-shaped, inverted U-shaped). It is the improvement of the self-employment determinants and the analysis method to estimate the appropriate scale. Conclusions - The proposed contents are reflected in self - employment appropriateness evaluation data and hope to help the government to select the policy support and to evaluate the government business after the policy support. These efforts are expected to be of great help to operators operating their own businesses, and to government and related institutional practitioners who support them. In this way, self-employment will be created in accordance with the Korean situation, where the happy life of all the people becomes the premise and the inclusive economic activities are guaranteed. It will improve the method of analyzing proper scale of small business owners and self-employed in Korea.

The Automobile Distribution Industry's Trade Structure Analysis and Comparison between Japan and USA

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.7
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    • pp.37-44
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    • 2014
  • Purpose - This study reviews changes in the automobile export-import structure between Japan and USA through a trade related index, and focuses on analyzing comparative advantage based on time-series analysis of statistical data (2000, 2005, and 2012) by using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - Japan and USA have mutually complementary economic phase characteristics. Therefore, this study aimed to understand each country's trade structure, to strengthen Japan-USA economic cooperation and aimed to examine trade drawbacks to analyze causes affecting trade and ways to improve it to facilitate its expansion. Results - These two economies have immense complementary potential and, further, significantly greater profits are assured from trade between them, as compared to any other integrated regional economic community. Conclusion - Economic cooperation between these two powers can provide opportunities for industry technology cooperation through partnerships against the backdrop of accelerating competition among industries, by identifying opportunities to secure stable resource suppliers and enlarge the export market.

Development and Application of an Economic Assessment Program of Cogeneration Systems (열병합시스템 경제성 평가 프로그램의 개발 및 적용에 관한 연구)

  • Park, Chasik;Kim, Yongchan
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.22 no.11
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    • pp.1547-1554
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    • 1998
  • The object of this study was to develop an economic assessment program for the optimal design of the cogeneration systems composed of combining engine, generator, waste heat recovery exchanger, absorption chiller, and boiler, etc. The energy demand categorized by electric power, heating, cooling and water supply was determined by statistical data of the existing cogeneration systems. An economic assessment was performed by comparing the total cost of cogeneration system with that of non-cogeneration system. The total cost was evaluated by adding initial investment to operational cost considering efficiency of equipment, cost of equipment, fuel and electricity. To confirm the validity of the developed program, a hotel building with an area of $127,960m^2$ was selected, and the simulated results were compared with the measured data. The difference between the simulated and the measured values for the selected hotel building was approximately 12% for annual electric consumption.

Design of On-line Process Control with Variable Measurement Interval

  • Park, Changsoon
    • Journal of the Korean Statistical Society
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    • v.29 no.3
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    • pp.319-336
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    • 2000
  • A mixed model with a white noise process and an IMA(0,1,1) process is considered as a process model. It is assumed that the process is a white noise in the absence of a special cause and the process changes to an IMA(0,1,1) due to a special cause. One useful scheme in measuring the process level is to use the variable measurement interval (VMI) between measurement times according to the value of the previous chart statistic. The advantage of the VMI scheme is to measure the process level infrequently when in control to save the measurement cost and to measure frequently when out of control to save the off-target cost. This paper considers the VMI scheme in order to detect changes in the process model from a white noise to an IMA(0,1,1). The VMI scheme is shown to be effective compared to the standard fixed measurement interval (FMI) scheme in both statistical and economic contexts.

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Defining the Patterns and Factors of Urban Crime in Korean Cities Based on the Analysis of Social Statistical Data

  • Chang, Dong-Kuk;Shim, Jae-Choon;Park, Joo-Hee
    • Architectural research
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    • v.14 no.2
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    • pp.45-56
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    • 2012
  • The high rate of urban crime is a main issue that needs to be dealt with in this high-tech society. With the rapid increase of urban crime, research has mainly focused on topics either on a global or a local scale, such as cities or communities and houses or buildings, without reliable observational data. This study makes the best use of the nationwide surveys carried out by Korean government agencies for the analysis of urban crime patterns and factors in major Korean cities. The aims of this research are threefold: understanding the relationship between urban crime patterns and socio-economic differences in cities, determining the effect of residence types on the urban crime patterns; and uncovering potential influential factors of a crime victim's individual characteristics. The statistical methods used for the analysis of social statistical data are as follows: simple regression, logistic regression, one-way ANOVA and post-hoc test. This research found that the patterns of urban crime rate in cities have a certain tendency toward the cities' socio-economic and geographical differences. The residence type is an influential factor showing a close relation to the crime rate. Personal issues, such as the types of occupation, education, marriage, etc., are directly relevant to victims of crime.