• Title/Summary/Keyword: Risk simulation

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An Investigation into Capsizing Accident and Potential Technology for Vessel Stability Assessment

  • Long, Zhan-Jun;Jeong, Jae-Hun;Jung, Jin-Woo;Lee, Seung-Keon
    • Journal of Navigation and Port Research
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    • v.37 no.1
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    • pp.55-61
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    • 2013
  • In this paper, ship accidents are analyzed briefly and the main objective is to investigate a potential technological approach for risk assessment of vessel stability. Ship nonlinear motion equation and main parameters that induce ship capsizing in beam seas have analyzed, the survival probability of a ferry in random status have estimated and finally find out a risk assessment concept for ship's intact stability estimation by safe basin simulation method. Since a few main parameters are considered in the paper, it is expected to be more accurately for estimating ship survival probability when considering ship rolling initial condition and all other impact parameters in the future research.

Evaluation and Guideline for Design of Guardrail by BARRIER Ⅶ Program (BARRIER Ⅶ 프로그램을 이용한 가아드레일의 설계평가 및 지침)

  • Woo, K. S.;Cho, S. H.;Ko, M. G.;Kim, W.
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 1994.04a
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    • pp.191-198
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    • 1994
  • The nonlinear dynamic behaviors of guardrail established on the local or high way have been investigated using BARRIER Ⅶ program with respect to four design variables such as section type of beams and posts, impact angle, impact velocity and vehicle weight. Computer simulation programs are sophisticated analytical models for analyzing dynamic vehicle/barrier interactions and provide a relatively inexpensive alternative to full scale crash testing. This study has been focused on the structural adequacy, occupant risk, and vehicle trajectory. For this purpose, the maximum deflection and impact force have been calculated to design the clear zone and to analyze effect of impact attenuation. Also, the acceleration of vehicle and exit angle after collision have been computed to estimate the occupant risk. From this study, it is suggested that we should strengthen the design criteria of guradrail to prevent from disastrous traffic accidents.

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Bayesian Inference for Predicting the Default Rate Using the Power Prior

  • Kim, Seong-W.;Son, Young-Sook;Choi, Sang-A
    • Communications for Statistical Applications and Methods
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    • v.13 no.3
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    • pp.685-699
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    • 2006
  • Commercial banks and other related areas have developed internal models to better quantify their financial risks. Since an appropriate credit risk model plays a very important role in the risk management at financial institutions, it needs more accurate model which forecasts the credit losses, and statistical inference on that model is required. In this paper, we propose a new method for estimating a default rate. It is a Bayesian approach using the power prior which allows for incorporating of historical data to estimate the default rate. Inference on current data could be more reliable if there exist similar data based on previous studies. Ibrahim and Chen (2000) utilize these data to characterize the power prior. It allows for incorporating of historical data to estimate the parameters in the models. We demonstrate our methodologies with a real data set regarding SOHO data and also perform a simulation study.

Comparison of Best Invariant Estimators with Best Unbiased Estimators in Location-scale Families

  • Seong-Kweon
    • Communications for Statistical Applications and Methods
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    • v.6 no.1
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    • pp.275-283
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    • 1999
  • In order to estimate a parameter $(\alpha,\beta^r), r\epsilonN$, in a distribution belonging to a location-scale family we usually use best invariant estimator (BIE) and best unbiased estimator (BUE). But in some conditions Ryu (1996) showed that BIE is better than BUE. In this paper we calculate risks of BIE and BUE in a normal and an exponential distribution respectively and calculate a percentage risk improvement exponential distribution respectively and calculate a percentage risk improvement (PRI). We find the sample size n which make no significant differences between BIE and BUE in a normal distribution. And we show that BIE is always significantly better than BUE in an exponential distribution. Also simulation in a normal distribution is given to convince us of our result.

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Probabilistic time-dependent sensitivity analysis of HPC bridge deck exposed to chlorides

  • Ghosh, Pratanu;Konecny, Petr;Lehner, Petr;Tikalsky, Paul J.
    • Computers and Concrete
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    • v.19 no.3
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    • pp.305-313
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    • 2017
  • A robust finite element based reinforced concrete bridge deck corrosion initiation model is applied for time-dependent probabilistic sensitivity analysis. The model is focused on uncertainties in the governing parameters that include variation of high performance concrete (HPC) diffusion coefficients, concrete cover depth, surface chloride concentration, holidays in reinforcements, coatings and critical chloride threshold level in several steel reinforcements. The corrosion initiation risk is expressed in the form of probability over intended life span of the bridge deck. Conducted study shows the time-dependent sensitivity analysis to evaluate the significance of governing parameters on chloride ingress rate, various steel reinforcement protection and the corrosion initiation likelihood. Results from this probabilistic analysis provide better insight into the effect of input parameters variation on the estimate of the corrosion initiation risk for the design of concrete structures in harsh chloride environments.

Physiologically Based Pharmacokinetic (PBPK) Modeling in Neurotoxicology

  • Kim, Chung-Sim
    • Proceedings of the Korean Society of Applied Pharmacology
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    • 1995.10a
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    • pp.135-136
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    • 1995
  • Resent advances in computer technology have introduced a sophisticated capability for computing the biological fate of toxicants in a biological system. This methodology, which has drastically altered risk assessment skill in toxicology, is designed using all the mechanistic information, and all claim better accuracy with extrapolating capability Iron animal to people than conventional pharmacokinetic methods. Biologically based mathematical models in which the specific mechanistic steps governing tissue disposition(pharmacokinetics) and toxic action (pharmacodynamics) of chemicals are constructed in quantitative terms by a set of equations loading to prediction of the outcome of specific toxicological experiments by computer simulation. pharmacokinetic and pharmacodynamic models are useful in risk assessment because their mechanistic biological basis permits the high-to-low dose, route to route and interspecies extrapolation of the tissue disposition and toxic action of chemicals.

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Determinants of Households′ Stock Investments (가계의 주식투자 결정요인)

  • 여윤경;정순희
    • Journal of Families and Better Life
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    • v.22 no.3
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    • pp.11-21
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    • 2004
  • This study examined factors associated with the ownership of stock investments and the amount of stock investments of households using the 2001 National Survey of Family Income and Expenditure by National Statistical Office. Households with large amounts of income, savings, and liabilities were more likely to invest in stocks and have large amounts of stock investments. Also, households with young and male householders, highly educated householders, a number of children in school, and housing ownership were more likely to invest in stocks and have large amounts of stock investments. On the other hand, self employed households and dual income households were less likely to invest in stocks and have small amounts of stock investments.

CFD ANALYSIS ON AIRCRAFT STORE SEPARATION VALIDATION (무장분리 안전성을 위한 전산해석)

  • Jueng, H.S.;Yoon, Y.H.;Lee, S.H.
    • 한국전산유체공학회:학술대회논문집
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    • 2007.04a
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    • pp.14-16
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    • 2007
  • A critical problem in the integration of stores into new and existing aircraft is the safe separation of the stores from the aircraft at a variety of flight conditions representative of the aircraft flight regime. Typically, the certification of a particular store/aircraft/flight condition combination is accomplished by a flight test. Flight tests are very expensive and do expose the pilot and aircraft to a certain amount of risk. Wind tunnel testing, although less expensive than flight testing, is still expensive. Computational Fluid Dynamics(CFD) has held out the promise of alleviating expensive and risk by simulating weapons separation computationally. The forces and moments on a store at carriage and at various points in the flow field of te aircraft can be computed using CFD applied to the full aircraft and store geometry. This study needs full dynamic characteristics study and flow analysis for securing store separation safety. Present study performs dynamic simulation of store separation with flow analysis using Chimera grid scheme which is usually used for moving simulations.

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Distributed Prevention Mechanism for Network Partitioning in Wireless Sensor Networks

  • Wang, Lili;Wu, Xiaobei
    • Journal of Communications and Networks
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    • v.16 no.6
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    • pp.667-676
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    • 2014
  • Connectivity is a crucial quality of service measure in wireless sensor networks. However, the network is always at risk of being split into several disconnected components owing to the sensor failures caused by various factors. To handle the connectivity problem, this paper introduces an in-advance mechanism to prevent network partitioning in the initial deployment phase. The approach is implemented in a distributed manner, and every node only needs to know local information of its 1-hop neighbors, which makes the approach scalable to large networks. The goal of the proposed mechanism is twofold. First, critical nodes are locally detected by the critical node detection (CND) algorithm based on the concept of maximal simplicial complex, and backups are arranged to tolerate their failures. Second, under a greedy rule, topological holes within the maximal simplicial complex as another potential risk to the network connectivity are patched step by step. Finally, we demonstrate the effectiveness of the proposed algorithm through simulation experiments.

Automatic Control for Ship Collision Avoidance Support -3 (선박충돌회피지원을 위한 자동제어-3)

  • 임남균;박건일
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.04a
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    • pp.129-134
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    • 2004
  • Author presented some study with a title of "automatic control for ship collision avoidance system" in previous papers. The paper reported the tread of the study, un-sloved issues and outcome of the study. In this paper, some additional results will be reported. The first is the algorithm of avoidance of group ship that is one of the un-sloved issues. The algorithm is useful when a ship takes an avoiding action toward group fish boats and approaching group merchant vessel. The second is unified model for calculating ship collision risk. The collision risk changes with various meet type of ships. Therefor newly-developed model is suggested to take into account of these situations. Finally simulation is carried out to verify suggested algorithm and model in various ship encounter situations..

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