• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.23 no.11
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• pp.76-83
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• 2009

In today's competitive power market, electric power utilities have strived to provide energy at an acceptable level of quality due to increased expectations from customers. For this reason, electric power utilities have invested in electric equipment and new techniques. That is the Distribution Automation System (DAS). A merit of DAS is the ability to reduce outage time because of fast service restoration. However, DAS is usually installed in outdoor environments. Therefore, their efficiency is affected by the external conditions. Lightning creates varying degrees of physical stress on DAS. This paper focuses on the reliability of DAS for lightning. Four application studies were performed to compare the reliability indices.

• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.62-66
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• 2003

In recent, the importance and necessity of some studies on reliability evaluation of grid comes from the recent black-out accidents occurred in the world. The quantity evaluation of transmission system reliability is very important under competitive electricity environment. The reason is that the successful operation of electric power under the deregulated electricity market depends on transmission system reliability management. This paper introduces features and operation modes of the Transmission Reliability Evaluation for Large-Scale Systems(TRELSS) Version 5_1, a program made in EPRI, for assessing reliability indices of composite power system. The package accesses not only bulk but also buses indices for reliability evaluation of composite powers system. The characteristics of the TRELSS program are illustrated by the case studies using the IEEE 25buses system.

• Journal of the Korean Wood Science and Technology
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• v.19 no.4
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• pp.34-42
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• 1991

Protection of tropical forest affects on significant reduce of tropical hardwood supply, and softwood resources will be increasingly important for the timber security in Korea. U.S. softwood log was most favorite species for Korean softwood log importers in overall import conditions except price stablization and consistency of export policy. Reduced export volume from Pacific Northwest to Korean market has been immediately replenished by rediata pine from New Zealand and Chilean plantation. Siberian timber will hardly play major roles in Korean timber market unless budding structure. softwood plywood and softwood furniture uses are enhanced. Recent rapid rise of labor cost and reducing tariff rrate in Korea provided better opportunities for import lumber in building materials market. Dry dimension lumber was relatively profitable when processed from import U.S. soft-wood log while green lumber was favorable products processed from radiata pine log in Korean lumber market. This means U.S. softwood lumber would have better opportunity to market for '2${\times}$'4 studs when wood frame housing is introduced. On the other hand while radiata pine is competitive on temporary construction lumber such as supporter and concrete forming frame in Korea. Shortage of raw material for the new capacity of board plants in Korea will be it bottle neck. Major log export countries to Korea as U.S. New Zealand and Chile showed high trade intensity indices of composite hoard produces for Korean market. As Korea efforts to diversify import sources, and tariffs are reduced to 8% as scheduled by 1994. countries of scoring higher comparative advantages as Portugal. Brazil, Austria as well as New Zealand will have better opportunity to penetrate into promised Korean composites hoard market.

• KIPS Transactions on Software and Data Engineering
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• v.10 no.9
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• pp.367-374
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• 2021

Stock price prediction is a subject of research in various fields such as economy, statistics, computer engineering, etc. In recent years, researches on predicting the movement of stock prices by learning artificial intelligence models from various indicators such as basic indicators and technical indicators have become active. This study proposes a deep learning model that predicts the ups and downs of KOSPI from overseas indices such as S&P500, past KOSPI indices, and trading trends by KOSPI investors. The proposed model extracts a latent variable using a stacked auto-encoder to predict stock price fluctuations, and predicts the fluctuation of the closing price compared to the market price of the day by learning an LSTM suitable for learning time series data from the extracted latent variable to decide to buy or sell based on the value. As a result of comparing the returns and prediction accuracy of the proposed model and the comparative models, the proposed model showed better performance than the comparative models.

• Korean Management Science Review
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• v.17 no.2
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• pp.135-150
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• 2000

Korean construction companies are recently facing stiff competition in free market economy, and construction projects tend to be complex and large-scale. Such an environment demands that construction companies ensure specialized subcontractors. This paper suggested a subcontractor evaluation model for selection of competent subcontractors which are equipped with operational, technical and productive ability. For designing a subcontractor model, AHP method as a group decision-marking method is applied in assigning weighting indices of evaluation elements. To verify this method, actual data collected in one of construction companies are analysed statistically.

• KIEE International Transactions on Power Engineering
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• v.3A no.3
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• pp.119-123
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• 2003

Successful operation of power systems under the deregulated electricity market depends on the management of the transmission system reliability. Quantitative evaluation of the transmission system reliability is an important issue. Particularly, the nodal reliability indices can be of value in the management and control of congestion and reliability of the transmission system under the deregulated electricity market. In this study, a method developed for the reliability evaluation of the transmission system is presented. The Monte Carlo methods are used because of their flexibility when complex operating conditions are being considered. The usefulness and effectiveness of the proposed method are illustrated by a case study with the KEPCO system.

• Communications for Statistical Applications and Methods
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• v.9 no.1
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• pp.141-154
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• 2002

Foreign investors'shares and their influences on the Korean stock market have never been larger and greater before since the market was completely open to foreign investors in 1992 Quantitatively and qualitatively as well, as a result, changes in the patterns of foreign investments have caused enormous effects on the interactions of major macroeconomic indices of the Korean economy. This paper is intended to investigate the causal relations of the four variables, foreigners'buy-sell ratios, stock returns, ￦/＄ exchange rates and $\yen$/＄ exchange rates, over the two time periods of the pre-IMF (1996.1.1-1997.8.15) and the post-IMF (1997.8.16-2000.6.15) based on the daily data of the variables. Granger Causality Test, Forecast Error Variance Decomposition(FEVD) using VAR model and Impulse Response Function were implemented for the empirical analysis.

• Journal of the Korean Operations Research and Management Science Society
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• v.40 no.4
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• pp.35-48
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• 2015

We analyze the systemic risk based on the information flows using the variance decomposition, DebtRank methods, and the Industry Sector Indices during 2001. 01 to 2015. 08. Using the KOSPI stock market as our setting, we find that (i) the systemic risk calculated by information flows of variance decompositions method shows strong positive relations with the market volatility, (ii) the magnitude of systemic risk measured from the information flows network by DebtRank method increases after the subprime financial crisis.

• Journal of Information Technology Services
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• v.5 no.1
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• pp.1-16
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• 2006

This paper analyzes the technical efficiencies of 40 Korean system integration firms using data envelopment analysis (DEA) and Malmquist productivity indices. Technical efficiencies on average had been decreased over the five year period and the efficiency difference between best practice firms and catch-up firms had been increased during this period, meaning that the industry structure has become matured and the possibilities for catch-up firms to be efficient are not remained so much. The differences in efficiency by the differences in ownership structures are statistically significant. It implies that the efficiencies of group-affiliated firms have come from benefits such as the captive market umbrellas, not from their own management competencies. In addition, the technical efficiency is highly correlated with captive market sales, information productivity, sales per employees, rates of value added, returns on invested capital, and EBITDA.

• The Journal of the Korea Contents Association
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• v.6 no.8
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• pp.78-85
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• 2006

This study examined the stock return co-movement among Korean digital contents industry, American NASDAQ, and Japanese NIKKEI225. This is to identify the reaction of Korean digital contents industry on the movement of foreign stock market. To investigate the co-movements, during the period of 1999 to 2005, daily logarithm difference returns of each stock market indices are tested by the methodology of Granger(1963, 1969)'s causality test. The positive influence from NASDAQ index to Korean digital contents industry index are found, but not vice versa. It means that the market value of firms in Korean digital contents industry affected by the movement of American NASDAQ market which composite with digital IT firms. However, the co-movements with NIKKEI225 did not found.