• Korean System Dynamics Review
• /
• v.8 no.1
• /
• pp.173-186
• /
• 2007

This research consists of (1) building (or molding) the Dynamics Simulation Model on Return Policy mainly used in publications, phonographs, and computer industry; which are seen used in supply chain contract known as effective control mechanism under the varied supply chain situations, and (2) analyzing the effects that return rates and seller's contract parameters have in the outcome of the model and (3) observing how the effectiveness of Return Policy changes under such circumstances where the buyer's sales ability and the seller's risk inclination are taken into account. Thus, the main purpose of this research lies in analyzing what exactly are the effects (and or outcome) that sales ability and risk inclination have in Return Policy, and additionally by conducting comprehensive research on Supply Chain Policy Dynamics Simulation Model, we will try to prove that not only the Systems Dynamics approach is highly contributive in supply chain management but also that it will serve as a foothold in future research. As a result of the research, supply chain achievement level turned out to be high when Return Policy is enforced, and the achievement level was even higher when seller's sales ability was taken into consideration along with the Return Policy. On the other hand, the achievement level decreased when the seller had risk aversive tendencies.

• Korean System Dynamics Review
• /
• v.9 no.2
• /
• pp.5-25
• /
• 2008

This paper analysed the impact of return policy as a coordination mechanism for decentralized supply chain with one capacitated supplier and two competing retailers under random demand distribution. In this study, Shortage gaming also considered to reflect a competing environment of two retailers. System dynamics approach was used to model the baseline two echelon supply chain and return policy on it. Given each of 4 experiment settings being used for 100 simulations with different random seeds, 400 random samples were used in a t-test. The result show that return policy significantly enhance the supply chain profits and fillrates. The analysis suggest that the supply chain performance can be build up by implementing a return policy even though under consideration of a capacitated supplier and competing retailers.

• Korean System Dynamics Review
• /
• v.11 no.3
• /
• pp.105-126
• /
• 2010

The ecology of house swallow is closely related to the humans life because their life depend on the human settlements conditions and environments. 30 years ago house swallows are very common at the country side, but recently they are very rare. Almost the number of house swallows decrease as 1 of hundredth during 20 years. Why this dramatic population decrease are happening in the ecology of house swallow? The Population size impacted by many factors such as nesting, breeding, feeding, returning. The objective of this paper is to analyse the population dynamics of the ecology of House Swallow. This paper focuses on the important ecological changes-nests, foods, and return rates from wintering area-associated with recent country side development. In this paper, we explore the feedback loops of population dynamics and simulate the policy scenario model.

• East Asian Economic Review
• /
• v.21 no.2
• /
• pp.147-165
• /
• 2017

This study quantifies the dynamic interrelationship between the KOSPI index return and search query data derived from the Naver DataLab. The empirical estimation using a bivariate GARCH model reveals that negative contemporaneous correlations between the stock return and the search frequency prevail during the sample period. Meanwhile, the search frequency has a negative association with the one-week- ahead stock return but not vice versa. In addition to identifying dynamic correlations, the paper also aims to serve as a test bed in which the existence of profitable trading strategies based on big data is explored. Specifically, the strategy interpreting the heightened investor attention as a negative signal for future returns appears to have been superior to the benchmark strategy in terms of the expected utility over wealth. This paper also demonstrates that the big data-based option trading strategy might be able to beat the market under certain conditions. These results highlight the possibility of big data as a potential source-which has been left largely untapped-for establishing profitable trading strategies as well as developing insights on stock market dynamics.

• Journal of Korean Society on Water Environment
• /
• v.22 no.5
• /
• pp.905-912
• /
• 2006

In this paper, simulation methods of the system dynamics model developed by Das et al. (1997) for activated-sludge wastewater treatment plants are illustrated in an attempt to determine the operating rules and the policies related to capacity expansion of an activated-sludge wastewater treatment plant. For existing conditions, the analyses were performed by varying activated-sludge return rate to observe changes in effluent water quality and treatment efficiency. The effluent water quality is also analyzed for various average daily inflow conditions and activated-sludge return rates. As a result, without expanding the aeration tank, maximum average daily inflow that can satisfy the effluent water quality standard of BOD $0.02kg/m^3$ was determined as $2,840m^3/hr$, subject to 100% of activated-sludge return rate while other factors remain constant. When the activated-sludge return rate is less than 100%, expansion of the aeration tank is necessary and minimum sizes of the aeration tank to satisfy the effluent water quality standard were determined for various activated-sludge return rates. In addition, the total operating and maintenance as well as unit treatment cost regression equations for activated-sludge wastewater treatment plants are suggested by using the cost data that are obtained from Water and Wastewater Division, Ministry of Environment. The regression analyses showed that the economies of scale phenomena exist in the operating and maintenance costs of activated-sludge wastewater treatment plants.

• Journal of Biomedical Engineering Research
• /
• v.15 no.2
• /
• pp.151-158
• /
• 1994

It has been shown that many of physiological systems have nonlinear dynamics. The evidences of these nonlinear behaviors make us analyze physiological systems in the new viewpoint. And, some of these nonlinear dynamics can be represented by chaotic behaviors, which is studied by several methods-correlation dimension, return map, power spectrum analysis, etc. This study is on the analysis of nonlinear characteristics of ECG. After data have been acquired from 20 children (10-13 years old), and 30 students (20-24 years old). We have calculated parameters HR, PR, VAT, TD, TRD, TPD from data, and estimated correlation dimension, return map, power spectrum, time series. Results show the nonlinear and chaotic characteristics of ECG.

• The KSFM Journal of Fluid Machinery
• /
• v.14 no.6
• /
• pp.54-60
• /
• 2011

This paper presents the steady-state performance analysis of the first stage of a multistage centrifugal pump, composed of a shrouded-impeller, a vaned-diffuser and a return-channel, using the commercially available computational fluid dynamics (CFD) code, ANSYS CFX. The detailed flow fields in the vaned-diffuser with outlet in its side wall and the return-channel are investigated by the CFD code adopted in the present study. The effect of the vaned-diffuser with a downstream crossover bend and the corresponding return-channel on the overall hydrodynamic performance of the first stage pump has also been demonstrated over the normal operating conditions. The predicted hydrodynamics for the diffusing components herein could provide useful information to match the inlet blade angle of the next stage impeller for improving the multistage pump performances.

• Communications for Statistical Applications and Methods
• /
• v.21 no.6
• /
• pp.501-512
• /
• 2014

Stylized facts on asset return are fat-tail, asymmetry, volatility clustering and structure changes. This paper simultaneously captures these characteristics by introducing a multi-regime models: Finite mixture distribution and regime switching GARCH model. Analyzing the daily KOSPI return from $4^{th}$ January 2000 to $30^{th}$ June 2014, we find that a two-component mixture of t distribution is a good candidate to describe the shape of the KOSPI return from unconditional and conditional perspectives. Empirical results suggest that the equality assumption on the shape parameter of t distribution yields better discrimination of heterogeneity component in return data. We report the strong regime-dependent characteristics in volatility dynamics with high persistence and asymmetry by employing a regime switching GJR-GARCH model with t innovation model. Compared to two sub-samples, Pre-Crisis (January 2003 ~ December 2007) and Post-Crisis (January 2010 ~ June 2014), we find that the degree of persistence in the Pre-Crisis is higher than in the Post-Crisis along with a strong asymmetry in the low-volatility (high-volatility) regime during the Pre-Crisis (Post-Crisis).

• Proceedings of the KOSOMBE Conference
• /
• v.1993 no.11
• /
• pp.163-166
• /
• 1993

It has been shown that some of physiological systems have nonlinear dynamics. The evidences of these nonlinear behaviors make us analyze physiological systems in the new viewpoint. And, nonlinear dynamics can be represented by chaotic behaviors, which is studied by several methods - correlation dimension, return map, power spectrum analysis, etc. This study is on the analysis of nonlinear characteristics of ECG. Data have been acquired from the 20 children (10 - 13 years old). and 30 students (20 -24 years old). We have calculated parameters HR, PR, VAT, TD, TRD from data. and estimated correlation dimension, return map, power spectrum. Results show the nonlinear characteristics of ECG.

• Korean System Dynamics Review
• /
• v.12 no.3
• /
• pp.25-46
• /
• 2011

Recently, performance auditing system of governmen is carried out as most promising framework of government audit. Performance audit by the Board of Audit and Inspection of Korea involves assessing the causes and effects of government policies, programs, and Institutions with the criteria of economy, efficiency, effectiveness. Performance auditing will contribute to strengthening the values of objective assessments of whether public resources are responsibly and effectively managed to achieve intended results. Nevertheless, there seems to be a problems appears in implementation of audit. That is the problems of tendency return to legitimacy audit which is result from the lack of strong approach and methodology. So, this study purpose to developing stronger audit concepts and methods that add to the process and framework of traditional performance auditing system. First, this study evaluates the limitation of current performance auditing system with the perspective of systems thinking. Second, this study analyzes the process and method of current system and develop the conceptual model of the Dynamics Audit System using the system dynamics methodology, which focused on the appropriate auditing process and framework.