• The Korean Journal of Applied Statistics
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• v.4 no.1
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• pp.85-92
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• 1991

This paper describes the trend and inherent problems of the current statistical packages, and statistical expert system is suggested as an alternative to the conventional statistical packages. The paper then describes the components and characteristics of statistical expert system, and suggests a strategy to choose development tools to build a system.

• Strategy21
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• s.41
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• pp.208-231
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• 2017

The balance of power in conventional forces between the two Koreas works in favor of the South Korea in the Korea peninsula. But, the balancing mechanism between the two Koreas in asymmetric forces like nuclear and missile forces works absolutely in favor of the North Korea. That's why it should be timely for the ROK military to review existing strategy and revise a new counter strategy against the threat posed by the North Korea's nuclear and missile forces. The ROK military is now developing 4D, KAMD, KILL Chain strategies as means to cope with the North Korea's nuclear and missile threats. Considering efforts and resources invested now, the strategies are expected to be in place in next five or more years. However, approaches to those strategies seem to be rather fragmentary and conceptual than comprehensive and pragmatic. The types of strategies against the North Korea's military threats need to be a deterrence in peace time and a fighting and winning in war time in the Korean theater. But, the most important element in the deterrence strategy is the credibility. This study concludes with an new strategic concept titled "ADAD(Assured Defense, Assured Destruction)" as an alternative to existing strategies to deal with the North Korea's nuclear and missile threats.

• Journal of international Conference on Electrical Machines and Systems
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• v.3 no.2
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• pp.169-175
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• 2014

This paper presents an improved direct power control (DPC) strategy for grid-connected voltage source inverter (VSI) under unbalanced and harmonic grid voltage conditions. Based on the mathematic model of VSI with the negative sequence, 5th and 7th harmonic voltage components consideration, a PI controller is used in the proposed DPC strategy to achieve the average output power regulation. Furthermore, vector PI controller with the resonant frequency tuned at the two times and six times grid fundamental frequency is adopted to regulate both negative and harmonic components, and then two alternative targets of the balanced/sinusoidal current and smooth active/reactive output power can be achieved. Finally, simulation results based on MATLAB validate the availability of the proposed DPC strategy.

• 한국전산유체공학회:학술대회논문집
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• 2004.03a
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• pp.9-16
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• 2004

This study presents results of aerodynamic wing optimization under uncertainties. To consider uncertainties, an alternative strategy for reliability-based design optimization(RBDO) is developed. The strategy utilizes a single loop algorithm and a sequential approximation optimization(SAO) technique. The SAO strategy relies on the trust region-SQP framework which validates approximated functions at every iteration. Further improvement in computational efficiency is achieved by applying the same sensitivity of limit state functions in the reliability analysis and in the equivalent deterministic constraint calculation. The framework is examined by solving an analytical test problem to show that the proposed framework has the computational efficiency over existing methods. The proposed strategy enables exploiting the RBDO technique in aerodynamic design. For the aerodynamic wing design problem, the solution converges to the reliable point satisfying the probabilistic constraints.

• Asian Journal of Business Environment
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• v.4 no.4
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• pp.5-11
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• 2014

Purpose - The paper aims to study strategic enterprise resource initiative formation processes. It analyzes the process of managing the strategic resource initiative and discusses its implementation mechanism. A research model for enterprises' strategic development is proposed, which suggests a geometric interpretation for estimating a company's long-term development. Research design, data, and methodology - The analysis employs theoretical studies of modern researchers. The main models used to determine the optimal alternative business strategy are graphic interpretation and mathematical modeling. Results - The hypotheses testing demonstrates the definition of a company's strategic resource initiative and explains the-mechanism or design of its formation. The study presents a geometric prism-refraction model of practice using a strategic resource initiative. Conclusions - An enterprise's strategy could return to its initial state in case of its unexpected deviation as a result of passing through the nodal points. The proposed model allows us to evaluate business performance, its surrounding environment, and the resource management strategy, to determine the necessary scope of strategy changes necessary to bring it back to the original state.

• Journal of Forest and Environmental Science
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• v.32 no.2
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• pp.182-188
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• 2016

In this study 'forest design in waterside unused land' of 'waterside area' in the specificity that multilateral, including landscape, recreation, social and environmental aspects in the space, taking into account by multiple factors :Raise 'practicality' than a functional management and police to hang out with, each element is usually way to improve the beauty. There is currently carried out waterside green area creation, which is artificial plantation and open spaces only emphasizing 'landscape' with lacking multi-function purpose, as a 'forest design in waterside unused land' strategy but it should be lowered by performance in this strategy. And the study suggested a strategy which prepared cultural and social infrastructure to be able to attract different fund and build local character as an alternative demand plan considered environmental character as a top priority.

• Korean System Dynamics Review
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• v.3 no.2
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• pp.29-48
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• 2002

Most of companies have analyzed markets continually and founded market strategies based on these analyses to gain competitive advantage. But sometimes some mistaken market analyses make the strategic decision-making of companies bring unexpected results. This because many companies just research or consider only the present condition, so they can't reflect dynamic change and the delayed feedback effect and then found the market strategy in the short-term angle rather than analyze the structural features of market on the whole. For that reason, this paper will describe how effective system thinking and system dynamics are as they found strategy of company for solving the problems and trying to find better alternative proposal by explaining process of founding market strategy with a casual loop diagram and a simulation model in the local government server market.

• Journal of Internet Computing and Services
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• v.22 no.1
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• pp.1-11
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• 2021

Estimation of distribution algorithm (EDA) is a popular stochastic metaheuristic algorithm. EDA has been widely utilized in various optimization problems. However, it has been shown that the diversity of the population gradually decreases during the iterations, which makes EDA easily lead to premature convergence. This article introduces a hybrid estimation of distribution algorithm (EDA) with differential evolution (DE) based on self-adaptive strategy, namely HEDADE-SA. Firstly, an alternative probability model is used in sampling to improve population diversity. Secondly, the proposed algorithm is combined with DE, and a self-adaptive strategy is adopted to improve the convergence speed of the algorithm. Finally, twenty-five benchmark problems are conducted to verify the performance of HEDADE-SA. Experimental results indicate that HEDADE-SA is a feasible and effective algorithm.

• Journal of KIISE:Software and Applications
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• v.30 no.12
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• pp.1208-1219
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• 2003

The Internet has become a part of our life and has changed our living environments dramatically. However, Electronic Commerce (EC) stays currently at a level that a buyer deals only with an one-sided condition (price) proposed by a seller or compares the proposed condition to find a better one. As the agent technology makes progress, EC requires negotiation that is not one-sided but is a way to maximize profits of both seller and buyer. Moreover, negotiation in EC should consider multiple issues rather than a single issue to replace the traditional commerce. In this paper we propose a negotiation model, which guarantees balanced profits between two agents through negotiation using multi-issues, and makes a deal successfully under time-constraint environment. The proposed negotiation model suggests strategies(alternative and simultaneous strategy) that change the value of issues with each agent has time for negotiation. In this paper, we also suggest a strategy that proposes an offer to each other. We compare the proposed negotiation model with another negotiation model. The experimental results show that dynamic conceder tactic and linear tactic showed balanced profits and a high percentage of deals for negotiation between two agents, and the sum of utilities of two agents is high, when the alternative strategy is used.

• Journal of Distribution Science
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• v.13 no.9
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• pp.37-45
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• 2015

Purpose - This paper's aim is to investigate whether or not gross profitability explains the cross-sectional variation of the stock returns in the Korean stock market. Gross profitability is an alternative profitability measure proposed by Novy-Marx in 2013 to predict cross-sectional variation of stock returns in the US. He shows that the gross profitability adds explanatory power to the Fama-French 3 factor model. Interestingly, gross profitability is negatively correlated with the book-to-market ratio. By confirming the gross profitability premium in the Korean stock market, we may provide some implications regarding the well-known value premium. In addition, our empirical results may provide opportunities for the fund distribution industry to promote brand new styles of funds. Research design, data, and methodology - For our empirical analysis, we collect monthly market prices of all the companies listed on the Korea Composite Stock Price Index (KOSPI) of the Korea Exchanges (KRX). Our sample period covers July1994 to December2014. The data from the company financial statementsare provided by the financial information company WISEfn. First, using Fama-Macbeth cross-sectional regression, we investigate the relation between gross profitability and stock return performance. For robustness in analyzing the performance of the gross profitability strategy, we consider value weighted portfolio returns as well as equally weighted portfolio returns. Next, using Fama-French 3 factor models, we examine whether or not the gross profitability strategy generates excess returns when firmsize and the book-to-market ratio are controlled. Finally, we analyze the effect of firm size and the book-to-market ratio on the gross profitability strategy. Results - First, through the Fama-MacBeth cross-sectional regression, we show that gross profitability has almost the same explanatory power as the book-to-market ratio in explaining the cross-sectional variation of the Korean stock market. Second, we find evidence that gross profitability is a statistically significant variable for explaining cross-sectional stock returns when the size and the value effect are controlled. Third, we show that gross profitability, which is positively correlated with stock returns and firm size, is negatively correlated with the book-to-market ratio. From the perspective of portfolio management, our results imply that since the gross profitability strategy is a distinctive growth strategy, value strategies can be improved by hedging with the gross profitability strategy. Conclusions - Our empirical results confirm the existence of a gross profitability premium in the Korean stock market. From the perspective of the fund distribution industry, the gross profitability portfolio is worthy of attention. Since the value strategy portfolio returns are negatively correlated with the gross profitability strategy portfolio returns, by mixing both portfolios, investors could be better off without additional risk. However, the profitable firms are dissimilar from the value firms (high book-to-market ratio firms); therefore, an alternative factor model including gross profitability may help us understand the economic implications of the well-known anomalies such as value premium, momentum, and low volatility. We reserve these topics for future research.