• 제목/요약/키워드: Value Model

검색결과 12,146건 처리시간 0.041초

Prediction of Chlorine Residual in Water Distribution System (상수관망내 잔류염소농도 분포 예측)

  • Joo, Dae-Sung;Park, No-Suk;Park, Heek-Yung;Oh, Jung-Woo
    • Journal of Korean Society of Water and Wastewater
    • /
    • 제12권3호
    • /
    • pp.118-124
    • /
    • 1998
  • To use chlorine residual as an surrogate parameter of the water quality change during the transportation in the water distribution system(WDS), the correct prediction model of chlorine residual must be established in advance. This paper shows the procedure and the result of applying the water quality model to the field WDS. To begin with, hydraulic model was calibrated and verified using fluoride as an tracer. And chlorine residual was predicted through simulation of water quality model. This predicted value was compared with the observed value. With adjusting the bulk decay coefficient(kb) and the wall decay coefficient(kw) according to the pipewall environment, the predicted chlorine residual can represent the observed value relatively well.

  • PDF

A study of parameter estimation of stochastic volatility model

  • Tsukui, Makiko;Furuta, Katsuhisa
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 제어로봇시스템학회 1991년도 한국자동제어학술회의논문집(국제학술편); KOEX, Seoul; 22-24 Oct. 1991
    • /
    • pp.1858-1863
    • /
    • 1991
  • The theory of stock option pricing has, recently, attracted attention of many researchers interested not only in finance but also in statistics and control theory. In this field, the problem of estimating stock return volatility is, above all, of great importance in calculating actual stock option value. In this paper, we assume that the stock market is represented by the stochastic volatility model which is the same as that of Hull and White. Then, we propose an approximation function of option value. It is a type of Black-Sholes option formula in which the first and the second order moments of logarithmic stock value are modified in a special form from the original model. Finally, an algorithm of estimating the parameters of the stochastic volatility model is given, and parameters are estimated by using Nikkei 225 index option data.

  • PDF

Analytical Study of the Effect of Material Properties on the Formability of Sheet Metals based on the M-K Model (M-K 모델 기반의 박판금속 성형성 평가에서 물성의 영향에 대한 해석적 연구)

  • Lou, Y.;Kim, S.B.;Huh, H.
    • Transactions of Materials Processing
    • /
    • 제19권7호
    • /
    • pp.393-398
    • /
    • 2010
  • This paper investigates the effect of material properties on the formability of sheet metals based on the Marciniak-Kuczynski model (M-K model). The hardening behavior of the material is modeled as the Hollomon model with the strain rate effect. The yield surfaces are constructed with Hosford79 yield function. The material properties considered in this study include the R-value, the strain hardening exponent, the strain rate hardening exponent, and the crystal structure of the material. The effect of the crystal structure on formability is roughly expressed as the change of the yield surface by varying the value of the exponent in Hosford79 yield function. Results show that the R-value affects neither the magnitude nor the shape of right hand side of forming limit diagrams (FLDs). Higher strain hardening exponent and higher strain rate hardening exponent improve the formability of sheet metals because they stabilize the forming processes.

Study of Electronic Money for Korean Finantial Situation (한국 금융구조형 전자화폐 모델에 대한 연구)

  • 최승우;김용득
    • Proceedings of the IEEK Conference
    • /
    • 대한전자공학회 2001년도 하계종합학술대회 논문집(5)
    • /
    • pp.173-176
    • /
    • 2001
  • In this treatise information communication indust based change phenomenon of payment system of money explain and study and compare way ago value that use electronic comnunity of the world and presented correct electron money model in real condition of our country. Draw payment way that consider particular situation and korean situation and that wi introduce electron money model of the world and analyze merits and demerits and is money here upon. Electron money introduction of smart card way that support all off-line and on-line that I currency and the nearest topology here direction must is insisting and relate in use of this or presenting value of money flowchart and draw the validity and hangup by introducing electronic mono model who is presenting in Kyong-gi Province and Su-won current and go forward group. Proposed suitable electron money system in Korea situation by proposing money form and model of payment system that can satisfy all this at 1 situation and physical special quality of mon by conclusion and clarify flow of the value.

  • PDF

A Comparison of Quality Awards Program in the Major G-20 for Developing a Korean National Quality Award Model (한국형 모델 개발을 위한 국가품질상 국제 비교 연구)

  • Kim, Tai-Kyoo;Kim, Youn-Sung
    • Journal of Korean Society for Quality Management
    • /
    • 제39권2호
    • /
    • pp.337-348
    • /
    • 2011
  • To implement total quality management(TQM), firms and institutions have strategically used quality awards models. In this paper we analyzed the national quality awards of G-20 members such as United States, Europe, Japan, Canada, Australia and Korea. There are three main points to analysis; First, "which type of model is good for Korea?", even though Korea already has adopted MBNQA model. Second, "Are the core values really different from each models?". And third, "Is there any difference in the criteria structure and value points system?" This study aims to design a National Quality Award which is good for the Korean companies and organizations. After analyzing the current quality awards models, we propose some suggestion about core value setting Korean-specific criteria development and value points system change.

ASP Business Remodeling

  • 남영삼
    • Proceedings of the CALSEC Conference
    • /
    • 한국전자거래학회 2002년도 e-Biz World Conference
    • /
    • pp.340-342
    • /
    • 2002
  • ASP Value Chain Modeling ㆍ The Value Chain of ASP Player ㆍ The Value Chain of ASP Customer Successful ASP Delivering Model ㆍ Enterprise ASP Remodeling ㆍ ASP Market Prediction(omitted)

  • PDF

Estimating the Credit Value-at-Risk of Korean Property and Casuality Insurers

  • Hong, Yeon-Woong;Suh, Jung-Soo
    • Journal of the Korean Data and Information Science Society
    • /
    • 제19권4호
    • /
    • pp.1027-1036
    • /
    • 2008
  • Value at Risk(VaR) is a fundamental tool for managing market risks. It measures the worst loss to be expected of a portfolio over a given time horizon under normal market conditions at a given confidence level. Calculation of VaR frequently involves estimating the volatility of return processes and quantiles of standardized returns. In this paper, we introduced and applied the CreditMetrics model to estimate the credit VaR of Korean Property and Casuality insurers.

  • PDF

Analysis of Causal Model Attributes of Model Affects to Corporate Attitudes in CSR Advertising: Message authenticity mediation effect (CSR광고의 모델속성이 기업태도에 미치는 인과모형분석: 메시지 진정성 매개효과)

  • Kim, Nami;Yu, Seung Yeob
    • Journal of Digital Convergence
    • /
    • 제16권6호
    • /
    • pp.53-61
    • /
    • 2018
  • In this study, we investigated whether the model attributes of CSR ads (value addition, attractiveness, expertise, trustworthiness) affect the attitude of the company. We also examined the mediating role of message authenticity in the model attributes and corporate attitudes of CSR advertisements. The results of the study are as follows. First, the value addition, attractiveness, and reliability of the CSR advertising model have a positive effect on the message authenticity of the CSR advertisement. Second, the attractiveness and expertise of the CSR advertising model have a positive effect on the attitude of the company. Third, the effects of the CSR advertising model on the value addition, attractiveness, and reliability are completely mediated by the message authenticity of the CSR advertisement. The results of this study suggest that it is effective to select the models with value addition, attractiveness, and expert image when producing CSR advertisements.

Application of Regression Analysis Model to TOC Concentration Estimation - Osu Stream Watershed - (회귀분석에 의한 TOC 농도 추정 - 오수천 유역을 대상으로 -)

  • Park, Jinhwan;Moon, Myungjin;Han, Sungwook;Lee, Hyungjin;Jung, Soojung;Hwang, Kyungsup;Kim, Kapsoon
    • Journal of Environmental Impact Assessment
    • /
    • 제23권3호
    • /
    • pp.187-196
    • /
    • 2014
  • The objective of this study is to evaluate and analyze Osu stream watershed water environment system. The data were collected from January 2009 to December 2011 including water temperature, pH, DO, EC, BOD, COD, TOC, SS, T-N, T-P and discharge. The data were used for principle component analysis and factor analysis. The results are as followes. The primary factors obtained from both the principal component analysis and the factor analysis were BOD, COD, TOC, SS and T-P. Once principal component analysis and factor analysis have been performed with the collected data and then the results will be applied to both simple regression model and multiple regression model. The regression model was developed into case 1 using concentrations of water quality parameters and case 2 using delivery loads. The value of the coefficient of determination on case 1 fell between 0.629 and 0.866; this was lower than case 2 value which fell between 0.946 and 0.998. Therefore, case 2 model would be a reliable choice.The coefficient of determination between the estimated figure using data which was developed to the regression model in 2012 and the actual measurement value was over 0.6, overall. It can be safely deduced that the correlation value between the two findings was high. The same model can be applied to get TOC concentrations in future.

A Study on the Selection of Pricing Factors for Used Bulk Carriers (중고 벌크선의 가격결정요인 선정에 관한 연구)

  • Yang, Yun-Ok
    • Journal of Navigation and Port Research
    • /
    • 제41권4호
    • /
    • pp.181-188
    • /
    • 2017
  • In the existing ship sales market, prices determined based on the prices of similar ship types that recently traded. ince the 2008 financial crisis, ship prices have fluctuated, and ship price criteria have become ever more necessary to the imminent value of the ship. Therefore, this research used the hedonic price model to estimate imminent values of ships. In this study, the influence on ship prices was analyzed by the value of each characteristic and an estimated functional formula was. Out of the four models suggested by the hedonic price model, an optimal model was selected with variance inflation factors and a stepwise selection. For this, the influence of determinants of ship prices was analyzed based on actually traded ships and characteristic data. The selected model s the Log-Line model; as a result of regression analysis, eight variables, including DWT, Age, Market Value, Short-Term Charter, Long-Term Charter, Enbloc, Special Survey Due and Builder were to affect the ship price model. This model is expected to be useful for objective and balanced ship price evaluation.