• 제목/요약/키워드: Risk Control Option

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ASP Outsourcing 위험의 효율적인 통제를 위한 실물옵션 적용 가능성에 대한 연구 (An Empirical Study on the Control Mechanism of ASP Outsourcing Risks using Real Option Approach)

  • 남승현;양희동
    • 한국산업정보학회:학술대회논문집
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    • 한국산업정보학회 2008년도 추계 공동 국제학술대회
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    • pp.365-384
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    • 2008
  • Many studies on ASP outsourcing area have focused on the Critical Success Factors(CSFs) of ASP outsourcing projects or on the service quality of ASP Service. But these studies have limitations to explain how to succeed in doing ASP outsourcing project. The objective of this research is to overcome this limitation by using the concept of "IT Risk" in Outsourcing. The effective control of the risks-caused during the IS outsourcing process-gives (ASP service using) users a powerful tool to minimize the risks and thus maximizes the possibility of ASP outsourcing project success. In order to perform this objective, this research set up the research model which is composed of three concepts. The three concepts are 1. Undesirable Outcomes(:UO) as IT outsourcing Risks, 2. The Source of Risks(:SOR) influencing the UO, and 3. the intention to get/execute Real Option Portfolio to control the risk level of SORs and UOs. This research has some important and interesting implications on the ASP outsourcing area. First, this research classifies the risk factors as three concepts and finds the interactions among them. Second, Using Real Option portfolio can control the risks effectively occurred during outsourcing projects. Third, Vendors(ASP service providers) can offer users IN TIME the options which can minimize the occurrence of risks.

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러프 집합을 이용한 코스피 200 주가지수옵션 시장에서의 박스스프레드 전략 실증분석 및 거래 전략 (Using rough set to support arbitrage box spread strategies in KOSPI 200 option markets)

  • 김민식;오경주
    • Journal of the Korean Data and Information Science Society
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    • 제22권1호
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    • pp.37-47
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    • 2011
  • 주가지수 옵션시장에는 많은 투자전략이 개발되어 있다. 그중 차익거래 전략은 시장이 효율성 유지측면에서 매우 중요한 역할을 하고 있다. 본 연구는 이러한 차익거래 전략 중 박스스프레드 전략을 적용하여 과거 옵션 데이터를 통해 사후 검증하고 러프 집합을 이용해 수익성을 향상시키고자 한다. 옵션 데이터는 2002년 1월부터 2006년 12월까지 실제 증권거래소에서 거래되었던 틱 데이터를 기반으로 하고 있으며 비주얼 베이직을 이용해 9시부터 오후 3시까지의 1분 마다의 종가인 1분봉으로 변형하여 분석을 하였다. 박스스프레드 전략은 낮은 위험, 낮은 이익 구조를 가지고 있다. 기존의 전략을 과거 데이터를 기반으로 백 테스팅 해보고 러프 집합을 이용하여 거래 진입 시점을 제한함으로써, 동일 위험 대비 좀 더 높은 수익구조를 만들어 낼 수 있는 전략을 구사한다면 낮은 위험으로 안정적 수익을 취할 수 있다.

Foreign Exchange Risk Control in the Context of Supply Chain Management

  • Park, Koo-Woong
    • 유통과학연구
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    • 제13권2호
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    • pp.15-24
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    • 2015
  • Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

Subsea X-mas Tree에서의 Blockage 처리 실패에 대한 위험도 저감 방안 분석 (Analysis of Risk Control Options for Blockage Treatment)

  • 유원우;박민선;양영순
    • 한국해양공학회지
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    • 제27권2호
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    • pp.47-52
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    • 2013
  • A subsea chemical injection system treats blockage problems in a subsea production system. It is important to treat problems quickly, because production delays cause fatal profit losses in a subsea production system. Therefore, the subsea industry requires a relatively higher reliability level for a production system compared to other industries. In this study, a subsea chemical injection system (linked to a control system) to inject chemicals into a subsea X-mas tree was analyzed. By using FSA (Formal Safety Assessment), the risk factors were defined and a quantitative risk analysis utilizing FTA (Fault Tree Analysis) and ETA (Event Tree Analysis) was performed. As a result, the effectiveness of a risk reduction option was evaluated.

Pancreaticoduodenectomy as an option for treating a hemodynamically unstable traumatic pancreatic head injury with a pelvic bone fracture in Korea: a case report

  • Sung Yub Jeong;Yoonhyun Lee;Hojun Lee
    • Journal of Trauma and Injury
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    • 제36권3호
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    • pp.261-264
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    • 2023
  • Pancreatic trauma occurs in 0.2% of patients with blunt trauma and 5% of severe abdominal injuries, which are associated with high mortality rates (up to 60%). Traumatic pancreatoduodenectomy (PD) has significant morbidity and appreciable mortality owing to complicating factors, associated injuries, and shock. The initial reconstruction in patients with severe pancreatic injuries aggravates their status by causing hypothermia, coagulopathy, and acidosis, which increase the risk for early mortality. A staging operation in which PD follows damage control surgery is a good option for hemodynamically unstable patients. We report the case of a patient who was treated by staging PD for an injured pancreatic head.

공식안전평가(Formal Safety Assessment)를 이용한 선박의 안전성 평가 (The Evaluation Ship Safety by Formal Safety Assessment)

  • 김종호
    • Journal of Advanced Marine Engineering and Technology
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    • 제33권2호
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    • pp.362-367
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    • 2009
  • Formal Safety Assessment(FSA) was introduced by the IMO as "a rational and systematic process for accessing the risk related to maritime safety and the protection of the marine environment and for evaluating the costs and benefit of IMO's options for reducing these risks". FSA can be used as a tool or a rule making process to help develope new rules and regulations. The purpose of this paper is to conduct a general review of the FSA methodology and to propose ways to use it in rule making process of machinery parts.

살물선의 화물창 덮개부 수밀 건전성에 대한 공식안전평가의 적용 (An Application of FSA Methodology to Hatchway Watertight Integrity of Bulk Carriers)

  • 이은창;이재옥;여인철;양영순
    • 대한조선학회논문집
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    • 제37권3호
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    • pp.69-77
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    • 2000
  • 본 논문은 IMO가 주관하는 공식안전평가 방법의 일부로서 살물선의 화물창 덮개부 수밀 시스템에 적용한 결과이다. 화물창 덮개부 수밀 시스템에 큰 위험을 주는 위해요소는 설계기준을 넘어선 선박의 운항으로 해치 코밍에 고장을 일으키는 것과 빈약한 유지보수와 검사로 인해 수밀 장치에 고장을 일으키는 사고인 것으로 나타났다. 위험해석(risk analysis)을 통해 현재의 경우 한 선박이 1년간 운항하였을 때 약 6만불의 위험이 있다고 계산되었다. 이러한 위험을 감소시키기 위해 제안된 위험통제방안 중 RCO 1(Advanced system directly related to hatchway security)을 적용함으로써 위험을 약 3만불 감소시킬 수 있었다. 또한 비용편익분석을 실시하여 위험통제방안이 비용편익 측면에서도 효과적임을 보였다.

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폐경기 질 위축에 대한 한약제제 질 내 투여의 효과 : 체계적 문헌 고찰 (Intravaginal Administration of Oriental Medicine on Vaginal Atrophy in Menopause : A Systemic Review)

  • 이수형;정현태;김송백
    • 대한한방부인과학회지
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    • 제34권2호
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    • pp.62-81
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    • 2021
  • Objectives: The purpose of this study is to review clinical studies and evaluate effectiveness of intravaginal administration of oriental medicine on vaginal atrophy in menopausal women. Methods: 'postmenopause', 'menopause', 'vaginal atrophy', 'atrophic vaginitis', 'vaginal cream', 'vaginal gel', 'pessary', 'suppository' were searched on 3 online databases (Pubmed, Cochrane Library, OASIS). The risk of bias was assessed by using Cochrane risk of bias (RoB) 2.0 tool. Results: 9 randominized controlled trials (RCTs) were selected among 489 articles. The types of intervention were intravaginal administration of oriental medicine. 6 studies showed that treatment group was better than placebo control group or both treatment group and western medicine control group improved similarly. 2 studies were not significant effective in some results and 1 study was not statistically significant. Conclusions: Intravaginal administration of oriental medicine can be an effective option in treating menopausal women with vaginal atrophy. but considering the small number and low quality of studies, further well-designed studies are needed to confirm the effectiveness of this treatment.

기후변화를 고려한 홍수방재시설물의 경제성분석 : 임진강 유역사례 (Economic Assessment for Flood Control Infrastructure under Climate Change : A Case Study of Imjin River Basin)

  • 김경석;오승익
    • 한국건설관리학회논문집
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    • 제18권2호
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    • pp.81-90
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    • 2017
  • 임진강 유역은 1996년부터 1999년까지 3번의 대규모 홍수가 발생하여 많은 인명피해와 9천억원의 재산피해를 입었다. 우리나라는 기후변화로 인하여 홍수피해가 앞으로 증가할 것으로 예상된다. 본 연구는 기후시나리오를 활용하여 미래의 홍수피해를 예측하고, 실물옵션 기반 경제성분석 방법을 제시하였으며, 임진강유역의 홍수방지시설물 투자사업의 사례연구를 통해 경제성분석을 실시하였다. RCP (Representative Concentration Pathway) 기후시나리오에서 모의된 강수량 자료를 활용하여 홍수피해액을 계산하고, 홍수방지시설물 투자에 의한 저감이익을 분석하였다. 향후 RCP8.5와 RCP4.5 기후시나리오가 실현되는 조건을 가정하여 홍수피해 저감이익의 변동성을 구하고, 2071년에 200년 재현주기에 적응하도록 하는 확장을 위한 투자를 할 수 있는 확장옵션을 적용하여 프로젝트의 옵션가치를 구했다. 옵션가치 분석결과, 두 가지 시나리오 하에서 경제성을 확보하고 있음을 확인하였고, RCP8.5 기후시나리오가 실현될 때가 RCP4.5의 경우보다 홍수피해 저감이익이 더 많이 발생하였다. 본 연구는 정부 의사결정권자가 실물옵션분석방법을 활용하여 홍수방재시설물의 경제성분석에 기후변화 불확실성을 고려할 수 있도록 도와줄 것으로 기대되며, 기후시나리오에서 제공하는 강우자료를 활용하여 기후위험요소를 경제적 가치로 정량화하는 방법을 제시하였다.

이상강우에 대비한 성주댐의 홍수조절 능력 분석 (Evaluation of Flood Control Capacity for Seongju Dam against Extreme Floods)

  • 권순국;한건연;서승덕;최혁준
    • 한국농공학회지
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    • 제45권6호
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    • pp.109-118
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    • 2003
  • As a fundamental research to establish a safety operation plan for irrigation dams, this study presents hydrologic analysis conducted in Sungju Dam watershed based on various rainfall data. Especially those reservoirs without flood control feature are widely exposed to the risk of flooding, a safe and optimized operation program need to be improved against arbitrary flooding. In this study, reservoir routing program was developed and simulated for reservoir runoff estimation using WMS hydrology model. The model simulated the variations of reservoir elevation under the condition of open or closed emergency gate. In case of closed emergency gate, water surface elevation was given as 193.15 m, and this value exceeds the dam crest height by 1.65 m. When the emergency gate is open, the increment of water surface elevation is given as 192.01 m, and this value exceeds dam crest height by 0.57 m. As an alternative plan, dam height increase can be considered for flood control under the PMP (Probable Maximum Precipitation) condition. Since the dam size is relatively small compare to the watershed area, sound protection can be expected from the latter option rather than emergency gate installation.