• The Korean Journal of Applied Statistics
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• v.21 no.2
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• pp.247-264
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• 2008

This paper considers the integrated process control procedure for detecting special causes in an ARIMA(0,1,1) process that is being adjusted automatically after each observation using a minimum mean squared error adjustment policy. It is assumed that a special cause can change the process mean and the process variance. We derive expressions for the process deviation from target for a variety of different process parameter changes, and introduce a control chart, based on the generalized likelihood ratio, for detecting special causes. We also propose the integrated process control scheme bases on the future loss. The future loss denotes the cost that will be incurred in a process remaining interval from a true out-of-control signal.

• Journal of Korean Society for Quality Management
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• v.28 no.4
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• pp.194-203
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• 2000

This paper is concerned with an economic selection of both the process mean and the lower limit for a continuous production process with the quadratic loss function. It is assumed that the quality characteristic is normally distributed with a known variability. A profit model is developed which involves selling price, production cost, reprocessing cost and the cost which is incurred by imperfect quality. Methods of finding optimum values of the process mean and the lower limit are presented, and a numerical example is given.

• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.1
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• pp.83-97
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• 1990

We consider an insured who wishes to determine his optimal reporting strategy over a given planning horizon, when he has option of reporting of not reporting his at-fault accidents. Assuming that the premium in future period is continually adjusted by the insured's loss experience, the insured would not report every loss incurred. Rather, considering the benefits and costs of each decision, the insured may want to seek a way of optimizing his interests over the planning horizon. The situation is modeled as a dynamic programming problem. We consider an insured's discounted expected cost minimization problem, where the premium increase in future period is affected by the size of the current claim. More specifically, we examine two cases ; (1) the premium increase in the next is a linear function (a constant fraction) of the current claim size; (2) the premium increase in the next period is a concave function of the current claim size. In each case, we derive the insured's optimal reporting strategy.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.41 no.4
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• pp.203-212
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• 2018

Quality requirements of manufactured products or parts are given in the form of specification limits on the quality characteristics of individual units. If a product is to meet the customer's fitness for use criteria, it should be produced by a process which is stable or repeatable. In other words, it must be capable of operating with little variability around the target value or nominal value of the product's quality characteristic. In order to maintain and improve product quality, we need to apply statistical process control techniques such as histogram, check sheet, Pareto chart, cause and effect diagram, or control charts. Among those techniques, the most important one is control charting. The cumulative sum (CUSUM) control charts have been used in statistical process control (SPC) in industries for monitoring process shifts and supporting online measurement. The objective of this research is to apply Taguchi's quality loss function concept to cost based CUSUM control chart design. In this study, a modified quality loss function was developed to reflect quality loss situation where general quadratic loss curve is not appropriate. This research also provided a methodology for the design of CUSUM charts using Taguchi quality loss function concept based on the minimum cost per hour criterion. The new model differs from previous models in that the model assumes that quality loss is incurred even in the incontrol period. This model was compared with other cost based CUSUM models by Wu and Goel, According to numerical sensitivity analysis, the proposed model results in longer average run length in in-control period compared to the other two models.

• Proceedings of the Korean Society of Propulsion Engineers Conference
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• 2011.11a
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• pp.218-222
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• 2011

During the development of the iridium catalyst for domestic production, the catalyst failure, loss, sintering phenomena are observed by high pressure and temperature. By these abnormal failure of catalyst bed, the performance of thruster is degraded. To figure out the detail phenomena on the damaged catalyst bed, a numerical analysis code is developed by assuming the catalyst bed as an one dimensional porous media. The numerical analysis code is validated with experiment data. Thereby, resulting physical phenomena are examined by considering the variation of catalyst bed characteristics incurred by catalyst granule failure. Through these numerical analyses we figure out the effect of the catalyst loss on the decomposition of hydrazine and ammonia.

• Journal of Korea Port Economic Association
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• v.22 no.2
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• pp.83-108
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• 2006

Regarding the ocean carrier's responsibility for damage indemnification, both his or her duty of care and reason of legal exemption have been considered important. The International Convention for the Unification of Certain Rules relating to Bills of Lading also provides that the ocean carrier indemnifies for the loss or damage of freight on the basis of the principle of liability with fault. In other words, the carrier assumes responsibility only for the loss or damage of freight which is under his or her control and whose safety must be carefully maintained by him or her. The carrier's duty of care which is required for freight safety in accordance with the convention is associated with two themes, seaworthiness of vessel and freight itself. To make ocean freight shipping effective necessities the seaworthiness of the ship that will conduct the shipping service under its responsibility. This will ultimately lead to making the service impressive to the shipper as freight owner. Thus the purpose of this study is to contribute to more reasonable shipping by the shipowner or the carrier who needs to ensure seaworthiness of vessel, and prevent unseaworthiness that may be incurred in accordance with freight characteristics. For the purpose, this paper reviewed the meaning of seaworthiness of vessel through a juridical approach to its causal relationship with ocean freight shipping.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.10 no.12
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• pp.2157-2165
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• 2006

In implementing GCRA, well known as the representative user traffic policing algorithm for constant-bit rate service, it is essential to set proper values for delay variation tolerance in order to prevent network overload and excessive user data loss due to delay variation incurred inevitably during transmission process. In this paper, we investigate the performance of GCRA algorithm for various values of delay variation tolerance and suggest a guideline for setting proper delay variation tolerance values.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.16
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• pp.59-81
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• 2001

There are two methods of quantifying the damages when the contract is avoided. One is 'concret' assessment, the other is 'abstract' assessment. The former looks to the actual cost incurred by the aggrieved party in concluding a contract for the substitute transaction, while the latter is based on the market price. The concrete method of assessment forms the starting point in the Civil Law systems. In the Common Law systems, it is likewise available. The aggrieved party is entitled to recover the difference between the cost of cover or (as the case may be) the proceeds of resale and the contract price. Both systems also recognize the abstract method of assessment. If the aggrieved party does not resell or cover, damages are equal to the difference between the price fixed by the contract and the market price. The CISG and the UNIDROIT Principles recognize expressly both concrete and abstract methods. Under the relevant articles, the aggrieved party can recover the damages assessed by one of the methods as well as any further damages such as loss of profit, incidental and consequential damages.

• The Journal of Fisheries Business Administration
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• v.25 no.1
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• pp.19-35
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• 1994

The objective of this study is to analize the system of legal compensation for the fishery loses caused by public works and to suggest alternatives on the current compensation system. Korea government has been performing reclamation activities in coastal region to conduct farm, urban and industrial area, and such activities are still going on in Yeongjongdo airport area, Saemangeum area and so on. Reclamation interrupts fishing activities in or around the reclaiming area, therefore, the compensation for fishery losses incurred by fishermen should be made. The system of legal compensation in Korea, however, is based on the land compensation, and the regulation of the compensation for fishery losses in the Fishery Act can not be applied for the compensation of public works because the procedure of the compensation in the Fishery Act is different from its cause of action. Therefore, this study is caried out to suggest a resonable compensation procedure and to provide a basis for establishing legal system.

• Proceedings of the Korea Concrete Institute Conference
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• 1995.10a
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• pp.219-223
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• 1995

Since the mid of 1970's, the construction of infrastructure has been booming and accelerating to keep up with rapid economic growth. Fast achievement of most construction activities has caused unfavorable effects of civil petitions associated with damages and nuisances due to last hasty works. it is well known that the falling down of Sungsoo bridge and the collapse of Sampoong department and other structures have occurred because of the construction not conforming with the specification, and thereby incurred enormous loss of life and property. Now a days. a periodic inspection and maintenance have been strongly interested on aged RC structures, of repair and reinforcement technique in the country, most repairing and reinforcing works have been performed on the basis of the guidance of few experienced local company in this field.