• Title/Summary/Keyword: Optimal ratio

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Optimal Capital Adequacy Ratios for Commercial Banks: Empirical Evidence from Vietnam

  • LUONG, Thi Minh Nhi;NGUYEN, Phuong Anh
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.10
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    • pp.47-56
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    • 2021
  • It is unavoidable for businesses, especially commercial banks, to compete with other firms and financial institutions in a globalized and internationalized world. Basel I, II, and III were developed by the Basel Committee on Banking Supervision with the primary purpose of supporting banks in dealing with potential risks and enhancing their ability to absorb losses. Basel II and III require the minimum capital adequacy ratio (CAR) of 8% and 10.5%, respectively. This paper estimates the optimal CAR of 26 commercial banks in Vietnam from 2016 to 2020 using the two-stage DEA method. According to the empirical findings, banks with ideal CARs exceeding 8% (as defined by Basel II) and 10.5 percent (as defined by Basel III) account for approximately 98 percent and 88 percent of all banks, respectively. Furthermore, 75.83 percent of all banks need to boost their existing CAR to achieve the optimal level of CAR as well as obtain the best performance. On average, the optimal CAR of state-owned banks is higher than other joint-stock banks, respectively 26 percent and 19 percent. Consequently, it is recommended for Vietnam commercial banks to reach optimal CAR and comply with the new policy set by Basel III with the purpose of approaching the efficient frontier.

Analysis of Energy-Efficiency in Ultra-Dense Networks: Determining FAP-to-UE Ratio via Stochastic Geometry

  • Zhang, HongTao;Yang, ZiHua;Ye, Yunfan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.11
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    • pp.5400-5418
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    • 2016
  • Femtocells are envisioned as a key solution to embrace the ever-increasing high data rate and thus are extensively deployed. However, the dense and random deployments of femtocell access points (FAPs) induce severe intercell inference that in turn may degrade the performance of spectral efficiency. Hence, unrestrained proliferation of FAPs may not acquire a net throughput gain. Besides, given that numerous FAPs deployed in ultra-dense networks (UDNs) lead to significant energy consumption, the amount of FAPs deployed is worthy of more considerations. Nevertheless, little existing works present an analytical result regarding the optimal FAP density for a given User Equipment (UE) density. This paper explores the realistic scenario of randomly distributed FAPs in UDN and derives the coverage probability via Stochastic Geometry. From the analytical results, coverage probability is strictly increasing as the FAP-to-UE ratio increases, yet the growing rate of coverage probability decreases as the ratio grows. Therefore, we can consider a specific FAP-to-UE ratio as the point where further increasing the ratio is not cost-effective with regards to the requirements of communication systems. To reach the optimal FAP density, we can deploy FAPs in line with peak traffic and randomly switch off FAPs to keep the optimal ratio during off-peak hours. Furthermore, considering the unbalanced nature of traffic demands in the temporal and spatial domain, dynamically and carefully choosing the locations of active FAPs would provide advantages over randomization. Besides, with a huge FAP density in UDN, we have more potential choices for the locations of active FAPs and this adds to the demand for a strategic sleeping policy.

A Study on the Optimal Mixture Ratio for Stabilization of Surface Layer on Ultra-soft Marine Clay (초연약 해성점토의 표층고화처리를 위한 최적배합에 관한 연구)

  • 천병식;고경환;김진춘
    • Journal of the Korean Geotechnical Society
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    • v.18 no.4
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    • pp.33-43
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    • 2002
  • Recently, as large constructions on the coast increase, an application of a surface layer stabilization method which is one of the improvement methods for dredged soft clay has increased. However, there are few studies about this. The purpose of this study is clarifying characteristics of ultra-soft marine clay and hardening agent. Also, it is verifying an optimal mixture ratio of hardening agent through the laboratory tests according to designed experiments and proving by statistical analysis and pilot tests. Laboratory tests were performed with proper hardening agent and test soil in accordance with the design of experiments. Regression equations between hardening agents materials and unconfined compressive strength were derived from the tests. The applicability of regression equations were also verified by pilot tests. From the test results, it was found that hardening agent materials(cement, slag, fly-ash, inorganic salts, arwin, gypsum etc.) have some effect upon compressive strength. The optimal mixture ratio which satisfies the required compressive strength was derived from the statistical analysis. The effect of ground improvement by cements and hardening agents was confirmed through the pilot tests. This study will suggest data for design or construction criteria of stabilization of surface layer on ultra-soft marine clay.

Removal of Nitrogen and Phosphorus in Anaerobic Fermentation Supernatant by Struvite Crystallization (Struvite 결정화를 이용한 혐기성 발효액의 질소와 인 제거)

  • Kim, Jongoh;Jung, Jongtae;Kim, Harkkyun
    • Journal of the Korean GEO-environmental Society
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    • v.7 no.6
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    • pp.5-12
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    • 2006
  • This study was conducted to investigate the effect of operational parameters such as dosage of magnesium and phosphate, pH, reaction time and existence crystal core for the removal of nitrogen and phosphorus in anaerobic fermentation supernatant by struvite crystallization. Optimal mole ratio of $Mg^{2+}:NH_4{^+}:PO_4{^{3-}}$ was 1.2:1.0:1.2. Under the optimal molar ratio, removal ratio and reaction rate constant of $NH_4{^+}-N$ and $PO_4{^{3-}}-P$ were 79.2, 96.8%, 0.157 and $0.344min^{-1}$, respectively. Optimal pH and reaction time were 11 and 10 minutes, respectively, in the optimal molar ratio. Residual concentration of $NH_4{^+}-N$ and $PO_4{^{3-}}-P$ showed lowest value with 1 g/L of crystal core addition. SEM analysis of struvite crystallization with crystal core showed higher crystal core growth than that of without crystal core. Struvite precipitate proved to be orthorhomic crystal structure by XRD analysis.

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A Study on the Optimal Service Level of Exclusive Container Terminals (컨테이너 전용부두의 최적 서비스 수준에 관한 연구)

  • Park, Sang-Kook
    • Journal of Korea Port Economic Association
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    • v.32 no.2
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    • pp.137-156
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    • 2016
  • This study analyzes the optimal service levels of exclusive container terminals in terms of the optimal berth occupancy rate and the ships' waiting ratios, based on the number of berths. We develop a simulation model using berth throughput data from pier P, Busan New Port, a representative port in Korea, and apply the simulation results to different numbers of berths. In addition to the above results, we analyze the financial data and costs of delayed ships and delayed cargoes for the past three years from the viewpoints of the terminal operation company (TOC), shipping companies, and shippers to identify the optimal service level for berth occupancy rates that generate the highest net profit. The results show that the optimal levels in the container terminal are a 63.4% berth occupancy rate and 10.6% ship waiting ratio in berth 4,66.0% and 9.6% in berth 5, and 69.0% and 8.5% in berth 6. However, the results of the 2013 study by the Ministry of Maritime Affairs and Fisheries showed significantly different optimal service levels: a 57.1% berth occupancy rate and 7.4% ship waiting ratio in berth 4; 63.4% and 6.6% in berth 5; and 66.6% and 5.6% in berth 6. This suggests that optimal service level could change depending on when the analysis is performed. In other words, factors affecting the optimal service levels include exchange rates, revenue, cost per TEU, inventory cost per TEU, and the oil price. Thus, optimal service levels can never be fixed. Therefore, the optimal service levels for container terminals need to be able to change relatively quickly, depending on factors such as fluctuations in the economy, the oil price, and exchange rates.

Optimal QP Determination Method for Adaptive Intra Frame Encoding (적응적 인트라 프레임 압축을 위한 최적 QP 결정 방법)

  • Park, Sang-Hyun
    • The Journal of the Korea institute of electronic communication sciences
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    • v.10 no.9
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    • pp.1009-1018
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    • 2015
  • In video coding, the first frame of a GOP is encoded in intra mode which generates a larger number of bits. In addition, the first frame is used for the inter mode encoding of the following frames. Thus the intial QP for the first frame encoding affects the first frame as well as the following frames. To determine the initial QP that maximizes the PSNR of a GOP, several algorithms which uses the ratio of the PSNR of the I frame and the PSNR of P frames of a GOP have been proposed. In this paper, we propose a new traffic model that can be used to determine the optimal initial QP simply and exactly in algorithms that use the PSNR ratio. We first analyze the characteristics of the PSNR ratio of I and P frames and the PSNR of a GOP, and then propose a new traffic model which can represent the characteristics and determine the optimal intial QP. It is shown by experimental results that the initial QP determination method with the proposed model can predict an optimal initial QP whose difference from the optimal value is less than 2. The proposed scheme can also generate the PSNR performance better than that of the existing JVT algorithm.

A Study on the Optimal Energy Mix Model in Buildings with OEMGD Algorithm Focusing on Ground Source Heat Pump and District Heating & Cooling System (OEMGD 알고리즘을 이용한 건물 냉난방용 최적 에너지 믹스 모델에 관한 연구 - 지열히트펌프와 지역냉난방 시스템을 중심으로)

  • Lee, Key Chang;Hong, Jun Hee;Lee, Kyu Keon
    • The Korean Journal of Community Living Science
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    • v.27 no.2
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    • pp.281-294
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    • 2016
  • This study was conducted to promote consumer interest in Geothermal Heat Pump (Ground Source Heat Pump, GSHP) and district heating and cooling (District Heating & Cooling, DHC) systems, which are competing with each other in the heating and cooling field. Considering not only the required cost data of energy itself, but also external influence factors, the optimal mix ratio of these two energy systems was studied as follows. The quantitative data of the two energy systems was entered into a database and the non-quantitative factors of external influence were applied in the form of coefficients. Considering both of these factors, the optimal mix ratio of GSHP and DHC systems and minimum Life Cycle Cost (LCC) were obtained using an algorithm model design. The Optimal Energy Mix of GSHP & DHC (OEMGD) algorithm was developed using a software program (Octave 4.0). The numerical result was able to reflect the variety of external influence factors through the OEMGD algorithm. The OEMGD model found that the DHC system is more economical than the GSHP system and was able to represent the optimal energy mix ratio and LCC of mixed energy systems according to changes in the external influences. The OEMGD algorithm could be of help to improve the consumers' experience and rationalize their energy usage.

Optimization of Ingredient Mixing Ratio for Preparation of Sponge Cake with Bamboo (Pseudosasa japonica Makino) Leaves Powder (대나무잎 가루를 첨가한 스펀지 케이크 재료 혼합비율의 최적화)

  • Park, Jung-Eun;Jeong, Heung-Do;Jang, Myung-Sook
    • Korean journal of food and cookery science
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    • v.25 no.3
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    • pp.317-329
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    • 2009
  • In the study, we determined the optimal ingredient mixing ratio for the preparation of sponge cake containing bamboo (Pseudosasa japonica Makino) leaves. This experiment was designed in according with the D-optimal design of mixture design, which involved 14 experimental points including 4 replicates for three independent variables (sugar 110${\sim}$129%, bamboo leaves 3${\sim}$8%, oil 10${\sim}$25%). The results the F-test, specific gravity, volume and color values (L, a, b) decided a linear model, while the viscosity, hardness and sensory characteristics (color, smell, taste, texture and overall acceptance) decided a quadratic model. The results of our fitness analysis demonstrated that in all characteristic, the probabilities were significant within 0.05%; thus, the models were accepted as appropriate. The response surface and trace plot results demonstrated that increasing amounts of added bamboo leaves induced a reduction in brightness, and increasing redness and yellowness. In addition, increasing amounts of bamboo leaves caused increases in hardness, and thus the softness of the cake decreased. And as the level of added oil increased, softness increased. Cake samples received low sensory evaluation scores when sugar, bamboo leaves, and oil were added above their optimal levels. In the numeric optimization, the optimal ingredient amounts were 121.36% sugar, 4.96% bamboo leaves, and 15.69% oil. The above results demonstrate the feasibility of adding bamboo leaves to sponge cake, and therefore, a bamboo leaves as a functional food.

Optimal Design of Fuel-Rich Gas Generator for Liquid Rocket Engine (액체로켓의 농후 가스발생기 최적설계)

  • Kwon, Sun-Tak;Lee, Chang-Jin
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.32 no.5
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    • pp.91-96
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    • 2004
  • An optimal design of the gas generator for Liquid Rocket Engine (LRE) was conducted. A fuel-rich gas generator in open cycle turbopump system was designed for 10ton in thrust with RP-1/LOx propellant. The optimal design was done for maximizing specific impulse of thrust chamber with constraints of combustion temperature and for matching the power requirement of turbopump system. Design variables are total mass flow rate to gas generator, O/F ratio in gas generator, turbine injection angle, partial admission ratio, and turbine rotational speed. Results of optimal design provide length, diameter, and contraction ratio of gas generator. And the operational condition predicted by design code with resulting configuration was found to maximize the objective function and to meet the design constraints. The results of optimal design will be tested and verified with combustion experiments.

Secular change in waist circumference and waist-height ratio and optimal cutoff of waist-height ratio for abdominal obesity among Korean children and adolescents over 10 years

  • Kim, Min Sub;Kim, Se Young;Kim, Jae Hyun
    • Clinical and Experimental Pediatrics
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    • v.62 no.7
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    • pp.261-268
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    • 2019
  • Purpose: This study aimed to evaluate the time trends of waist circumference (WC) and waist-height ratio (WHR), and to present WC and WHR distributions with optimal WHR cutoff for abdominal obesity in Korean children and adolescents. Methods: We performed a retrospective cross-sectional analysis of data from 13,257 children and adolescents (6,987 boys and 6,270 girls) aged 6-18 years who were included in the third to sixth Korea National Health and Nutrition Examination Survey (KNHANES, 2005-2015). Linear regression analyses were used to identify secular changes in WC and WHR by age, sex, and KNHANES waves. A receiver operating characteristic curve analysis was used to determine the optimal WHR cutoff values for abdominal obesity and cardiometabolic risk factors. Results: The mean WC and WHR distributions from 2005 to 2015 showed no significant secular changes between the KNHANES 4 waves (P for trend ${\geq}0.05$ in all ages and both sexes). The mean WCs in the present study were lower than those in the 2007 Korean National Growth Charts. The mean WHR at ages <13 years was statistically higher in the boys than in the girls, but did not significantly differ between the sexes among those aged 13 to 18 years. The optimal WHR cutoff for abdominal obesity was 0.48 (area under the curve, 0.985; 95% confidence interval, 0.985-0.985) in the 13- to 18-year-old adolescents. Conclusion: WC and WHR showed no secular changes over 10 years. The optimal WHR cutoff for abdominal obesity of 0.48 is useful for diagnosing and managing obesity and thus preventing obesity-related cardiometabolic complications in 13- to 18-year-old Korean adolescents.