• Geophysics and Geophysical Exploration
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• v.25 no.4
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• pp.252-265
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• 2022

Subsurface velocity is critical for the accurate resolution geological structures. The estimation of acoustic impedance is also critical, as it provides key information regarding the reservoir properties. Therefore, researchers have developed various inversion approaches for the estimation of reservoir properties. The Markov chain Monte Carlo method, which is a stochastic method, has advantages over the deterministic method, as the stochastic method enables us to attenuate the local minima problem and quantify the uncertainty of inversion results. Therefore, the Markov chain Monte Carlo inversion method has been applied to various kinds of geophysical inversion problems. However, studies on the Markov chain Monte Carlo inversion are still very few compared with deterministic approaches. In this study, we reviewed various types of reversible jump Markov chain Monte Carlo applications and explained the key concept of each application. Furthermore, we discussed future applications of the stochastic method.

• Korea Trade Review
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• v.46 no.2
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• pp.19-38
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• 2021

This study aims to analyze the foreign asset leverage effect on Korean oil & gas companies' foreign profits and to maintain the appropriate foreign asset volume for reducing exchange risk. For a long time, large Korean companies, including oil companies, overheld foreign currency liabilities. For this reason, most large companies have been burdened to hedge exchange risk and this excess limit holding deteriorated total profit and reduced foreign currency asset management efficiency. Our paper proceeds in presenting a three-stage analysis considering diversified exchange risk factors through estimation on transformation of foreign transactions a/c including annual trends of foreign asset and industry specifics. We also supplement incomplete the estimation method through a practical hedging case investigation. Our research parts are differentiated on the analyzing four periods considering period-specifics The FER value of the oil firms ranged from -0.3 to +2.3 over the entire period. The results of the FER Value are volatile and irregular; those results do not represent the industry standard comparative index. The Korean oil firms are over the credit limit without accurate prediction and finance high interest rate funds from foreign-owned banks on the basis on a biased relationship. Since the IMF crisis, liabilities of global firms have decreased. Above all, oil firms need to finance a minimum limit without opportunity losses on the demand forecast and prepare for uncertainty in the market. To reduce exchange risk from the over-the-limit position, we must consider factors that affect the corporate exchange risk on the entire business process, including the contract phase.

• Journal of Environmental Science International
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• v.25 no.4
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• pp.505-516
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• 2016

With the development of nanotechnology, nanomaterials are used in various fields. Therefore, the interest regarding the safety of nanomaterial use is increasing and much effort is diverted toward establishment of exposure assessment and management methods. Occupational exposure limits (OELs) are effectively used to protect the health of workers in various industrial workplaces. This study aimed to propose an OEL for domestic multi-walled carbon nanotubes (MWCNTs) based on animal inhalation toxicity test. Basic procedure for development of OELs was examined. For OEL estimation, epidemiological study and quantitative risk assessment are generally performed based on toxicity data. In addition, inhalation toxicity data-based no observed adverse effect level (NOAEL) and benchmark dose (BMD) are estimated to obtain the OEL. Three different estimation processes (NEDO in Japan, NIOSH in USA, and Baytubes in Germany) of OELs for carbon nanotubes (CNTs) were intensively reviewed. From the rat inhalation toxicity test for MWCNTs manufactured in Korea, a NOAEL of $0.98mg/m^3$ was derived. Using the simple equation for estimation of OEL suggested by NEDO, the OEL of $142{\mu}g/m^3$ was estimated for the MWCNT manufacturing workplace. Here, we used test rat and Korean human data and adopted 36 as an uncertainty factor. The OEL for MWCNT estimated in this work is higher than those ($2-80{\mu}g/m^3$) suggested by previous investigators. It may be greatly caused by different physicochemical properties of MWCNT and their dispersion method and test rat data. For setting of regulatory OELs in CNT workplaces, further epidemiological studies in addition to animal studies are needed. More advanced technical methods such as CNT dispersion in air and liquid should be also developed.

• Journal of Korean Society of Environmental Engineers
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• v.35 no.12
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• pp.867-876
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• 2013

To promote the carbon emission trading scheme and reduce greenhouse gas (GHG) emission as following 'Korean GHG & Energy Target Management System', GHG emissions should be accurately determined in each industrial sector. For the estimation method of GHG emission from waste landfill, there are several error parameters, therefore we reviewed the estimation method and proposed a revised method. Methane generation from landfill must be calculated by the selected method based on methane recovery rate, 0.75. However, this methodology is not considered about uncertainty factor. So it is desirable that $CH_4$ generation is estimated using first order decay model and methane recovery should use field monitoring data. If not, $CH_4$ recovery could be applied from other study results; 0.60 of operational landfill with gas vent and flaring system, 0.65 of operational site with landfill gas recovery system, 0.90 of closed landfill with final cover. Other parameters such as degradable organic carbon (DOC) and fraction of DOC decompose ($DOC_f$) need to derive the default value from studies to reflect a Korean waste status. Proper application of MCF that is selected by operation and management of landfill requires more precise criteria.

• Journal of Korea Water Resources Association
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• v.46 no.11
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• pp.1041-1052
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• 2013

In this study, we estimate parameters of a distributed hydrologic model, GRM (grid based rainfall-runoff model), using a model-independent parameter estimation tool, PEST. We implement auto calibration of model parameters such as initial soil moisture, multipliers of overland roughness and soil hydraulic conductivity in the Geumho River Catchment and the Gamcheon Catchment using radar rainfall estimates and ground-observed rainfall represented by Thiessen interpolation. Automatic calibration is performed by GRM-MP (multiple projects), a modified version of GRM without GUI (graphic user interface) implementation, and "Parallel PEST" to improve estimation efficiency. Although ground rainfall shows similar or higher cumulative amount compared to radar rainfall in the areal average, high spatial variation is found only in radar rainfall. In terms of accuracy of hydrologic simulations, radar rainfall is equivalent or superior to ground rainfall. In the case of radar rainfall, the estimated multiplier of soil hydraulic conductivity is lower than 1, which may be affected by high rainfall intensity of radar rainfall. Other parameters such as initial soil moisture and the multiplier of overland roughness do not show consistent trends in the calibration results. Overall, calibrated parameters show different patterns in radar and ground rainfall, which should be carefully considered in the rainfall-runoff modelling applications using radar rainfall.

• Journal of the Earthquake Engineering Society of Korea
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• v.22 no.3
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• pp.201-210
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• 2018

The improvement in computing systems and sensor technologies devotes to conduct data-driven structural health monitoring algorithms for existing civil infrastructures. Despite of the development of techniques, the uncertainty oriented from the measurement results in the discrepancy to the actual structural parameters and let engineers or decision makers hesitate to adopt such techniques. Many studies have shown that the modal identification results can be affected by the uncertainties due to the applied methods and the types of loading. This paper aims to compare the performance of modal identification methods using Structural Modal Identification Toolsuite (SMIT) which has been developed to facilitate multiple identification methods with a user-friendly designed platform. The data fed into SMIT processes three stages for the comprehensive identification including preprocessing, eigenvalue estimation, and post-processing. The seismic and white noise response for shear frame model was obtained from numerical simulation. The identified modal parameters is compared to the actual modal parameters. In order to improve the quality of coherence in identified modal parameters, several hurdles including modal phase collinearity and extended modal amplitude coherence were introduced. Numerical simulation conducted on the 5 dof shear frame model were used to validate the effectiveness of using these parameters.

• Journal of Communications and Networks
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• v.16 no.1
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• pp.45-55
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• 2014

The paper investigates the problem of designing the multiple-antenna relay in a two-way relay network by taking into account the imperfect channel state information (CSI). The objective is to design the multiple-antenna relay based upon the CSI estimates, where the estimation errors are included to attain the robust design under the worst-case philosophy. In particular, the worst-case transmit power at the multiple-antenna relay is minimized while guaranteeing the worst-case quality of service requirements that the received signal-to-noise ratio (SNR) at both sources are above a prescribed threshold value. Since the worst-case received SNR expression is too complex for subsequent derivation and processing, its lower bound is explored instead by minimizing the numerator and maximizing the denominator of the worst-case SNR. The aforementioned problem is mathematically formulated and shown to be nonconvex. This motivates the pursuit of semidefinite relaxation coupled with a randomization technique to obtain computationally efficient high-quality approximate solutions. This paper has shown that the original optimization problem can be reformulated and then relaxed to a convex problem that can be solved by utilizing suitable randomization loop. Numerical results compare the proposed multiple-antenna relay with the existing nonrobust method, and therefore validate its robustness against the channel uncertainty. Finally, the feasibility of the proposed design and the associated influencing factors are discussed by means of extensive Monte Carlo simulations.

• Journal of Electrical Engineering and Technology
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• v.12 no.1
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• pp.356-362
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• 2017

This paper presents a robust position controller for a one degree-of-freedom (DOF) mechanical system using only position measurement. In order to alleviate the performance degradation owing to various uncertainties, a two-stage design method is studied by employing a proportional integral observer (PIO). In the first stage, a baseline backstepping controller is designed for a nominal system without accounting for uncertainties. The PIO is developed for estimating both the velocity information for the backstepping controller and an equivalent input disturbance for a feedforward compensation using the estimated uncertainty. It is shown that the estimation errors with the proposed PIO can be made arbitrarily small in a finite time. If the system suffers from undesirable actuator nonlinearities, however, it might be necessary to estimate the velocity and the disturbance with different rates of convergence. The proposed method combines the predesigned backstepping controller and dual PIOs to reduce mechanical vibrations as well as steady-state errors. The performance of the proposed method is tested through comparative computer simulations and experiments using a laboratory prototype.

• Korean Journal of Construction Engineering and Management
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• v.4 no.4 s.16
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• pp.201-211
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• 2003

Considering about construction projects characteristics, there Is an existing uncertainty which causes inaccuracy or invalidity under decision making situation. Therefore, cost risk analysis of numerous construction projects are Inclined to depend on expert's experiences and subjective judgements. In Korean domestic construction works, however, there is no reasonable method or process for applying subjective elements. Only probabilistic analysis using objective calculation are being used now. This research suggests a cost risk analysis method to analyze quantitatively Cost Impact by risk, and it appraises expert's subjective elements for the purpose of enhancing validity of cost estimation. Moreover, a new cost risk analysis method is introduced for providing convenient user interface in practical business.

• Journal of Preventive Medicine and Public Health
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• v.36 no.3
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• pp.230-238
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• 2003

Objectives : To estimate the value of statistical life (VSL) and health damage cost on theoretical mortality estimates due to environmental pollution. Methods : We assessed the health risk on three environmental problems and eight sub-problems. Willingness to pay (WTP) was elucidated from a questionnaire survey with dichotomous contingent valuation method and VSL (which is the division of WTP by the change of risk reduction) calculated from WTP. Damage costs were estimated by multiplying VSL by the theoretical mortality estimates. Results : VSLs from death caused by air pollution, indoor air pollution and drinking water contamination were about 0.3, 0.5 and 0.3 billion won, respectively. Damage costs of particulate matters ($PM_{10}$) and radon were higher in the sub-problems and were above 100 billion won. Because damage cost depends on theoretical mortality estimate and WTP, its uncertainty is reduced in the estimating process. Conclusion : Health damage cost or risk benefit should be considered as one scientific criterion for decision making in environmental policy.