• Title/Summary/Keyword: Well Scenario

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Does Financial Behavior Influence Financial Well-being?

  • CHAVALI, Kavita;MOHAN RAJ, Prasanna;AHMED, Riyaz
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.273-280
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    • 2021
  • Financial behavior and financial well-being are two closely related aspects of an individual's financial decision making. This study attempts to investigate the extent to which financial behavior influences financial well-being in the Indian scenario. The data is collected using a structured questionnaire from a sample of 150 respondents. The study employs Financial Management Behaviour Scale (FMBS) (Dew & Xiao, 2012) to measure financial behavior. Factor analysis and multiple regression are performed to find the influence of financial behavior on financial well-being. The findings of the study suggest that except for credit commitment all the other behavioral factors like future security, savings and investments, credit indiscipline, and financial consciousness have a significant impact on the financial well-being of an individual in the Indian scenario. The regression coefficients of financial well-being are strongly determined by financial consciousness. The study is a contribution to the existing behavioral studies literature and the model used identifies the factors that influence the financial well-being in the Indian scenario. The study is conducted during the year 2020, so the results could have been influenced by the economic scenario of the period. The results of the study can be used by financial advisors to understand the financial well-being in the Indian scenario.

Uncertainty in Scenarios and Its Impact on Post Closure Long Term Safety Assessment in a Potential HLW Repository

  • Y.S. Hwang;Kim, S-K;Kang, C-H
    • Nuclear Engineering and Technology
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    • v.35 no.2
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    • pp.108-120
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    • 2003
  • In assessing the long term post closure radiological safety assessment of a potential HLW repository in Korea, three categories of uncertainties exist. The first one is the scenario uncertainty where series of different natural events are translated into written statements. The second one is the modeling uncertatinty where different mathematical models are applied for an identical scenario. The last one is the data uncertainty which can be expressed in terms of probabilistic density functions. In this analysis, three different scenarios are seleceted; a small well scenario, a radiolysis scenario, and a naturally discharged scenario. The MASCOT-K and the AMBER, probabilistic safety assessment codes based on connection of sub-modules and a compartment theory respectively, are applied to assess annual individual doses for a generic biosphere. Results illustrate that for a given scenario, predictions from two different codes fairly match well each other But the discrepancies for the different scenarios are significant. However, total doses are still well below the guideline of 2 mRem/yr. Detailed analyses with model and data uncertainties are underway to further assure the safety of a Korean reference dispsoal concept.

Study on the Well Scenario of the LILW Disposal Facility in Korea (중·저준위 방사성폐기물 처분시설의 우물 이용 시나리오를 적용한 안전평가 연구에 대한 고찰)

  • Jeong, Mi-Seon;Cheong, Jae-Yeol;Park, Jin Beak
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.1
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    • pp.63-72
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    • 2015
  • The low and intermediate-level radioactive waste generated in Korea is disposed of at Wolsong Disposal Facility. For the safety of a disposal facility, it must be assessed by considering some abnormal scenarios including human intrusion as well as those by natural phenomena. The human intrusion scenario is a scenario that an incognizant man of the disposal facility will be occurred by the drilling. In this paper, the well usage scenario was classified into the human intrusion event as the probability of the well drilling is very low during the man's lifecycle and then was assessed by using conservative assumptions. This scenario was assessed using the dilution factor of contaminants released from a disposal facility and then it was introduced the applied methodology in this study. The assessed scenario using this methodology is satisfied the regulatory limits.

Analysis of GHG Reduction Scenarios on Building using the LEAP Model - Seoul Main Customs Building Demonstration Project - (LEAP 모형을 이용한 건축물의 온실가스 감축 시나리오 분석 - 서울세관건물 그린리모델링 시범사업을 중심으로 -)

  • Yoon, Young Joong;Kim, Min Wook;Han, Jun;Jeon, Eui Chan
    • Journal of Climate Change Research
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    • v.7 no.3
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    • pp.341-349
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    • 2016
  • This study is intended to set a greenhouse gas emission scenario based on green remodeling pilot project (Annex building of Seoul Customs Office) using LEAP model, a long-term energy plan analysis model, to calculate the energy saving and greenhouse gas emission till year 2035 as well as to analyze the effect of electric power saving cost. Total 4 scenarios were made, Baseline scenario, assuming the past trend is to be maintained in the future, green remodeling scenario, reflecting actual green remodeling project of Seoul Customs Office, behavior improvement and renewable energy supply, and Total scenario. According to the analysis result, the energy demand in 2035 of Baseline scenario was 6.1% decreased from base year 2013, that of green remodeling scenario was 17.5%, that of behavior improvement and renewable energy supply scenario was 21.1% and that of total scenario was 27.3%. The greenhouse emission of base year 2013 was $878.2tCO_2eq$, and it was expected $826.3tCO_2eq$, approx. 5.9% reduced, in 2035 by Baseline scenario. the cumulative greenhouse gas emission saving of the analyzing period were $-26.5tCO_2eq$ by green remodeling scenario, $2.8k\;tCO_2eq$ by behavior improvement and renewable energy supply scenario, and $2.0k\;tCO_2eq$ by total scenario. In addition the effect of electricity saving cost through energy saving has been estimated, and it was approx. 634 million won by green remodeling scenario and appro. 726 million won by behavior improvement and renewable energy supply scenario. So it is analyzed that of behavior improvement and renewable energy supply scenario would be approx. 12.7% higher than that of green remodeling scenario.

Analysis of GHG Reduction Potential on Road Transportation Sector using the LEAP Model - Low Carbon Car Collaboration Fund, Fuel Efficiency, Improving Driving Behavior - (LEAP 모형을 이용한 도로교통부문의 온실가스 감축잠재량 분석 - 저탄소차협력금제도, 연비강화, 운전행태개선을 중심으로 -)

  • Kim, Min wook;Yoon, Young Joong;Han, Jun;Lee, Hwa Soo;Jeon, Eui Chan
    • Journal of Climate Change Research
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    • v.7 no.1
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    • pp.85-93
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    • 2016
  • This study the efficiency of greenhouse gas reduction of 'low carbon car collaboration fund' and its alternative 'control of average fuel efficiency and greenhouse gas', and 'improving driving behavior' were analyzed by using LEAP, long term energy analysis model. Total 4 scenarios were set, baseline scenario, without energy-saving activity, 'low carbon car collaboration fund' scenario, 'fuel efficiency improving scenario', and 'improving driving behavior' scenario. The contents of analysis were forecast of energy demand by scenario and application as well as reduction of greenhouse gas emission volume, and the period taken for analysis was every 1 year during 2015~2030. Baseline scenario, greenhouse gas emission volume in 2015 would be 7,935,697 M/T and 13,081,986 M/T in 2030, increased 64.8%. The analysis result was average annual increase rate of 3.4%. The expected average annual increase rate of other scenarios was, 'low carbon car collaboration fund' scenario 1.7%, 'fuel efficiency improving' scenario 3.0%. and 'improving driving behavior' scenario 3.4%. and these were each 1.7%, 0.3%. 0.3% reduce from baseline scenario. The largest reduction was 'low carbon car collaboration fund' scenario, and there after were 'fuel efficiency improving scenario', and 'improving driving behavior' scenario.

Scenario Planning and Risk Failure Mode Effect and Analysis (RFMEA) based Management

  • Paul, Virendra Kumar;Basu, Chaitali
    • Journal of Construction Engineering and Project Management
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    • v.6 no.2
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    • pp.24-29
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    • 2016
  • This paper elaborates the significance of scenario planning in risk management, and presents an integrated approach which takes into account the 'Risk Events' derived from scenario planning for risk prioritisation. This research integrates scenario planning with Risk Failure Mode and Effect Analysis (RFMEA) through examples from construction litigations of project schedule and cost overrun cases as a simplified approach to project risk management. The proposed methodology incorporates scenarios developed from realistic events of dispute and arbitration cases from construction projects, and thereby increasing potential to foresee risks and their effects well in advance. The results from this methodology shall be validated against outcome of survey study conducted by KPMG-PMI (2013) on project schedule and cost overruns that was based on Ministry of Statistics and Programme Implementation (MoSPI) Project Monitoring data for 2012-13.

DEVELOPMENT OF A FRAMEWORK FOR ASSESSING RADIATION SOURCE TERMS IN NUCLEAR POWER PLANTS

  • Jae, Moo-Sung;Park, Shane;Kang, Kyung-Min;Jeun, Gyoo-Dong
    • Journal of Radiation Protection and Research
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    • v.26 no.3
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    • pp.197-201
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    • 2001
  • A risk analysis consists of a triplet, , where Si is the scenario identification; Pi is the probability of each scenario; and Xi is the consequences of each scenario. A new computing framework, OMAM (ORIGEN-MAAP4-MMCS), has been developed and applied for assessing the risk of a reference plant as well as radiation source terms using the concept of risk triplet. The result of this study using the OMAM framework presented in this paper, can contribute to producing domestic nuclear power plant's risk data base as well as to establishing severe accident management plans.

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Influence of EDZ on the Safety of a Potential HLW Repository

  • Hwang Yong-Soo;Kang Chul-Hyung
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.2 no.4
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    • pp.253-262
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    • 2004
  • Construction of tunnels in a deep crystalline host rock for a potential High-Level Radioactive Waste(HLW) repository inevitably generates an excavation disturbed zone (EDZ). There have been a series of debates on whether a permeability in an EDZ increases or not and what would be the maximum depth of an EDZ. Recent studies show mixed opinions on permeability. However, there has been an international consensus on the thickness of an EDZ; 30 cm for TBM and 1 meter for controlled blast. One of the impacts of an EDZ is on determining the distance between adjacent deposition holes. The void gap by the excavation hinders relaxation of temperature profiles so that the current Korean reference designing distance between holes should be stretched out more to keep the maximum temperature in a buffer region below 100 degrees Celsius. The other impact of an EDZ is on the long-term post closure radiological safety. To estimate the impact, the reference scenario, the well scenario, is chosen. Released nuclides diffuse through a bentonite buffer region experiencing strong sorption and reach a fracture surrounded by a porous medium. Inside a fractured porous region, radionuclides migrate by advection and dispersion with matrix diffusion into a porous medium. Finally, they reach a well assumed to be a source of potable water for local residents. The annual individual dose is assessed on this well scenario to find out the significance of an EDZ. A profound sensitivity study was performed, but all results show that the impact is negligible. Even though the role of an EDZ turns out to be limited on overall safety assessment, still it is worthwhile to study the chemical role of an EDZ, such as a potential source for natural colloids, potential sealing of an open fracture by fine clay particles generated by the process of an EDZ, and alteration of a sorption mechanism by an EDZ in the future.

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Resolution Methods for Developer's Difficulties in the Serious Game Developing Process for Science Learning (과학 학습 기능성 게임 개발 과정에서 개발자가 겪는 어려움과 대처 방법)

  • Hwang, Hyunjung;Lee, Changhoon;Jhun, Youngseok
    • Journal of The Korean Association of Information Education
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    • v.18 no.1
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    • pp.121-132
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    • 2014
  • The main goal of this research is to invest the difficulties in the process of developing serious game for science learning to acquire the suggestion. We analysed the journals written by developers of game scenario on the procedure of the development and on the review of the accomplished game. Then we also interviewed the scenario developers as well as game developers. When interviewing the game developers, we passed them the thoughts and questions of scenario developers. The possible difficulties in developing serious game are form the difference of cognitions on the skills which can be embodied in the development process and interaction and communication problem between scenario developers and game developers. As a consequence of the research, we acquired some suggestions for developing serious game as follows; 1) Scenario developers and game developers must understand the concepts of serious game as well as learning theory; 2) Both scenario developers and game developers should be aware of secured technological capacity and allowed time period. 3) Scenario developer should take a part of game developer' role as using a learning contents authoring tool; 4) Scenario developers have to consistently interact with game developers in developing the games; 5) Scenario should be concretely described in detail; and 6) A Supervisor is essential to control both scenario developers and game developers.

Simulating the Impacts of the Greenbelt Policy Reform on Sustainable Urban Growth: The Case of Busan Metropolitan Area

  • Kim, Jinsoo;Park, Soyoung
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.33 no.3
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    • pp.193-202
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    • 2015
  • The greenbelt of South Korea has been under the process of adjustment and removal since its first designated year. This research is aimed at predicting the effect that the removal of the greenbelt has on urban growth. The SLEUTH model was executed via three calibration phases using historical data between 1990 and 2010. The urban growth of Busan Metropolitan City was predicted under its historical trend, as well as two different scenarios including development and compact development up to the year 2030. The accuracy of model, as verified by ROC, was 85.7%. The historical trend scenario showed the smallest increase, with the urban area expanding from 175.96 km2 to 214.68 km2 in 2030. Scenario 2, the development scenario, showed the most increase, with a 39.9% growth rate from 2010 to 2030. However, according to scenario 3, the compact development scenario, the urban area decreased in comparison to scenario 2. Accordingly, it is necessary to have effective urban growth management to provoke eco-friendly development on the removed areas, and to strengthen the non-removed areas for sustainable development. The results obtained in this study showed that the SLEUTH model can be useful for predicting urban growth, and that it can help policy makers establish proper urban planning as a decision-support tool for sustainable development.