• Title/Summary/Keyword: global performance analysis

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A Study on the Applicability of Air Launch Vehicle (공중발사체의 활용가능성 분석 연구)

  • Kwon, Kybeom;Lee, Kanghyun;Cho, Ye Rang;Ji, Wan Gu;Kim, Kyu Hong
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.50 no.3
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    • pp.203-214
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    • 2022
  • As the global demand for small satellites weighing less than 500 kg increases, the development and operation of dedicated small launch vehicles increase significantly. The responsiveness of a launch vehicle that puts a small satellite into a target orbit at the desired time is attracting attention. As a result, interest in the air launch is increasing in the rapid establishment of a constellation. As the demand for small satellites in south Korea increases, this study performed analyses on the applicability of an air launch vehicle using a large civil aircraft considering the geographical environment. In terms of responsiveness, mission response times were compared and analyzed for air launch vehicles and ground small and large vehicles. In addition, an air vehicle and a small ground vehicle were quantitatively compared and analyzed for the orbital insertion performance. As a result of the analysis, the air launch vehicle has limited responsiveness in Korea regarding rapid satellite constellation establishment. However, it can be an effective alternative for low inclination angle orbit insertion with the benefit of a fast turnaround time. Furthermore, the performance of the orbital injection is close to that of the ground small launch vehicle, and the high efficiency in terms of the required propellant mass is possible, so air launch can be an effective launch means for putting small satellites into orbit in Korea.

Does the Rapid Internationalization of Companies affect BGF's Financial Performance? - Focused on the Korean BGF Cases (신속한 국제화 전략이 기업의 성과에 어떤 영향을 미치는가? - 한국의 BGF를 중심으로)

  • Jang, Yeaji;Kim, Hyung Jun
    • Korean small business review
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    • v.42 no.3
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    • pp.123-144
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    • 2020
  • This study attempt to use secondary data from KIS-Value to understand how rapid globalization strategy affects BGF's performance defined five categories such as sales volume, return on investment, net profit per employee, increase in sales, and increase in net profit per employee. In particular, this research defines the BGF based on the export ratio within five years after the establishment and classifies BGF into three levels according to 25%, 50%, and 75% concentration of exports. The main results of this study were first, the rapid internationalization strategy was proven to have a sales effect in the short and long term, and in particular, the short term effect was more significantly compared to the long term effect. However, the impact on the return on investment(ROI) of BGF was found that the more stringent the BGF level, the more short-term effect on ROI, but the longer-term effect was diluted according to time. Third, the sales growth rate is significant in the short-term depending on the BGF level, but do not have long-term effects same as ROI. On the other hand, the growth rate of net profit has shown that the BGF strategy has a negative (-) effect over the long term. In particular, the higher the BGF level, the greater the negative impact on the increase in net profit.

A Study on Applying the Nonlinear Regression Schemes to the Low-GloSea6 Weather Prediction Model (Low-GloSea6 기상 예측 모델 기반의 비선형 회귀 기법 적용 연구)

  • Hye-Sung Park;Ye-Rin Cho;Dae-Yeong Shin;Eun-Ok Yun;Sung-Wook Chung
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.16 no.6
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    • pp.489-498
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    • 2023
  • Advancements in hardware performance and computing technology have facilitated the progress of climate prediction models to address climate change. The Korea Meteorological Administration employs the GloSea6 model with supercomputer technology for operational use. Various universities and research institutions utilize the Low-GloSea6 model, a low-resolution coupled model, on small to medium-scale servers for weather research. This paper presents an analysis using Intel VTune Profiler on Low-GloSea6 to facilitate smooth weather research on small to medium-scale servers. The tri_sor_dp_dp function of the atmospheric model, taking 1125.987 seconds of CPU time, is identified as a hotspot. Nonlinear regression models, a machine learning technique, are applied and compared to existing functions conducting numerical operations. The K-Nearest Neighbors regression model exhibits superior performance with MAE of 1.3637e-08 and SMAPE of 123.2707%. Additionally, the Light Gradient Boosting Machine regression model demonstrates the best performance with an RMSE of 2.8453e-08. Therefore, it is confirmed that applying a nonlinear regression model to the tri_sor_dp_dp function during the execution of Low-GloSea6 could be a viable alternative.

Stock Price Direction Prediction Using Convolutional Neural Network: Emphasis on Correlation Feature Selection (합성곱 신경망을 이용한 주가방향 예측: 상관관계 속성선택 방법을 중심으로)

  • Kyun Sun Eo;Kun Chang Lee
    • Information Systems Review
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    • v.22 no.4
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    • pp.21-39
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    • 2020
  • Recently, deep learning has shown high performance in various applications such as pattern analysis and image classification. Especially known as a difficult task in the field of machine learning research, stock market forecasting is an area where the effectiveness of deep learning techniques is being verified by many researchers. This study proposed a deep learning Convolutional Neural Network (CNN) model to predict the direction of stock prices. We then used the feature selection method to improve the performance of the model. We compared the performance of machine learning classifiers against CNN. The classifiers used in this study are as follows: Logistic Regression, Decision Tree, Neural Network, Support Vector Machine, Adaboost, Bagging, and Random Forest. The results of this study confirmed that the CNN showed higher performancecompared with other classifiers in the case of feature selection. The results show that the CNN model effectively predicted the stock price direction by analyzing the embedded values of the financial data

The Effects of e-Business on Business Performance - In the home-shopping industry - (e-비즈니스가 경영성과에 미치는 영향 -홈쇼핑을 중심으로-)

  • Kim, Sae-Jung;Ahn, Seon-Sook
    • Management & Information Systems Review
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    • v.22
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    • pp.137-165
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    • 2007
  • It seems high time to increase productivity by adopting e-business to overcome challenges posed by both external factors including the appreciation of Korean won, oil hikes and fierce global competition and domestic issues represented by disparities between large corporations and small and medium enterprises (SMEs), Seoul metropolitan and local cities, and export and domestic demand all of which weaken future growth engines in the Korean economy. The demands of the globalization era are for innovative changes in businessprocess and industrial structure aiming for creating new values. To this end, e-business is expected to play a core role in the sophistication of the Korean economy through new values and innovation. In order to examine business performance in e-business-adopting industries, this study analyzed the home shopping industry by closely looking into the financial ratios including the ratio of net profit to sales, the ratio of operation income to sales, the ratio of gross cost to sales cost, the ratio of gross cost to selling, general and administrative (SG&A) expense, and return of investment (ROI). This study, for best outcome, referred to corporate financial statements as a main resource to calculate financial ratios by utilizing Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service, one of the Korea's financial supervisory authorities. First of all, the result of the trend analysis on the ratio of net profit to sales is as following. CJ Home Shopping has registered a remarkable increase in its ratio of net profit rate to sales since 2002 while its competitors find it hard to catch up with CJ's stunning performances. This is partly due to the efficient management compared to CJ's value of capital. Such significance, if the current trend continues, will make the front-runner assume the largest market share. On the other hand, GS Home Shopping, despite its best organized system and largest value of capital among others, lacks efficiency in management. Second of all, the result of the trend analysis on the ratio of operation income to sales is as following. Both CJ Home Shopping and GS Home Shopping have, until 2004, recorded similar growth trend. However, while CJ Home Shopping's operating income continued to increase in 2005, GS Home Shopping observed its operating income declining which resulted in the increasing income gap with CJ Home Shopping. While CJ Home Shopping with the largest market share in home shopping industryis engaged in aggressive marketing, GS Home Shopping due to its stability-driven management strategies falls behind CJ again in the ratio of operation income to sales in spite of its favorable management environment including its large capital. Companies in the Group B were established in the same year of 2001. NS Home Shopping was the first in the Group B to shift its loss to profit. Woori Home Shopping has continued to post operating loss for three consecutive years and finally was sold to Lotte Group in 2007, but since then, has registered a continuing increase in net income on sales. Third of all, the result of the trend analysis on the ratio of gross cost to sales cost is as following. Since home shopping falls into sales business, its cost of sales is much lower than that of other types of business such as manufacturing industry. Since 2002 in gross costs including cost of sales, SG&A expense, and non-operating expense, cost of sales turned out to have remarkably decreased. Group B has also posted a notable decline in the same sector since 2002. Fourth of all, the result of the trend analysis on the ratio of gross cost to SG&A expense is as following. Due to its unique characteristics, the home shopping industry usually posts ahigh ratio of SG&A expense. However, more than 80% of SG&A expense means the result of lax management and at the same time, a sharp lower net income on sales than other industries. Last but not least, the result of the trend analysis on ROI is as following. As for CJ Home Shopping, the curve of ROI looks similar to that of its investment on fixed assets. As it turned out, the company's ratio of fixed assets to operating income skyrocketed in 2004 and 2005. As far as GS Home Shopping is concerned, its fixed assets are not as much as that of CJ Home Shopping. Consequently, competition in the home shopping industry, at the moment, is among CJ, GS, Hyundai, NS and Woori Home Shoppings, and all of them need to more thoroughly manage their costs. In order for the late-comers of Group B and other home shopping companies to advance further, the current lax management should be reformed particularly on their SG&A expense sector. Provided that the total sales volume in the Internet shopping sector is projected to grow over 20 trillion won by the year 2010, it is concluded that all the participants in the home shopping industry should put strategies on efficient management on costs and expenses as their top priority rather than increase revenues, if they hope to grow even further after 2007.

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A Study on the Effects of the Relational Norm Factor of Food Service Franchising on Perceived Fairness and Intention to Remain (외식프랜차이즈 관계규범이 공정성과 재계약의도에 미치는 영향에 관한 연구)

  • Suh, Tae-Soo;Park, Seon-Hee
    • Culinary science and hospitality research
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    • v.19 no.1
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    • pp.57-69
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    • 2013
  • This study analyzed the effects of the relational norm factor of food service franchising on the intention to remain, in view of the importance of relational norms, as antecedent variables, to franchisees' perceived fairness to enhance the competitiveness by formation of long-term relationship between interested parties to food service franchising, the franchiser and the franchisee. According to a questionnaire survey, more than 100 franchisees that recorded three business years in Seoul, Incheon and Gyeonggi area were selected for convenience sampling. Then, among them, 515 effective samples were analyzed. For statistical data, detailed types of analysis were performed by using AMOS 17.0, such as factor analysis, exploratory factor analysis, confirmatory analysis and frequency analysis. The purpose of this study was to examine the relationship between the franchiser and the franchisee by arranging relational norm factors for the relationship to be suitable for the current situation of Korea, instead of Western-style theory-based relationship marketing, and by understanding a connection between perceived fairness and management achievement-related variables, and to make a conceptual framework for building a positive relationship between the franchiser and the franchise in future food service franchising industry. Moreover, it aimed to increase franchisee satisfaction and results including re-contract according to perceived positive relationship value on the franchiser and to make contribution to find and show the proper direction for development of the Korean-style food service franchising system.

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Performance Evaluation of Steel Moment Frame and Connection including Inclined Column (경사기둥을 포함한 철골모멘트 골조 및 접합부의 성능평가)

  • Kim, Yong-Wan;Kim, Taejin;Kim, Jongho
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.26 no.3
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    • pp.173-182
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    • 2013
  • The building design projects which are being proceeded nowadays pursue a complex and various shape of structures, escaping from the traditional and regular shape of buildings. In this new trend of the architecture, there rises a demand of the research in the structural engineering for the effective realization of such complex-shaped buildings which disassembles the orthogonality of frames. As a distinguished characteristics of the buildings in a complex-shape, there frequently are inclined columns included in the structural frame. The inclined column causes extra axial force and bending moment at the beam-column connection so it is necessary to assess those effects on the structural behavior of the frame and the connection by experiment or analysis. However, with comparing to the studies on the normal beam-column connections, the inclined column connections have not been studied sufficiently. Therefore, this study evaluated the beam-column connections having an inclined column using nonlinear and finite element analysis method. In this paper, steel moment frames having inclined columns were analyzed by the nonlinear pushover analysis to check the global behavior and beam-column connection models were analyzed by the finite element analysis to check the buckling behavior and the fracture potentials.

Open Skies Policy : A Study on the Alliance Performance and International Competition of FFP (항공자유화정책상 상용고객우대제도의 제휴성과와 국제경쟁에 관한 연구)

  • Suh, Myung-Sun;Cho, Ju-Eun
    • The Korean Journal of Air & Space Law and Policy
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    • v.25 no.2
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    • pp.139-162
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    • 2010
  • In terms of the international air transport, the open skies policy implies freedom in the sky or opening the sky. In the normative respect, the open skies policy is a kind of open-door policy which gives various forms of traffic right to other countries, but on the other hand it is a policy of free competition in the international air transport. Since the Airline Deregulation Act of 1978, the United States has signed an open skies agreement with many countries, starting with the Netherlands, so that competitive large airlines can compete in the international air transport market where there exist a lot of business opportunities. South Korea now has an open skies agreement with more than 20 countries. The frequent flyer program (FFP) is part of a broad-based marketing alliance which has been used as an airfare strategy since the U.S. government's airline deregulation. The membership-based program is an incentive plan that provides mileage points to customers for using airline services and rewards customer loyalty in tangible forms based on their accumulated points. In its early stages, the frequent flyer program was focused on marketing efforts to attract customers, but now in the environment of intense competition among airlines, the program is used as an important strategic marketing tool for enhancing business performance. Therefore, airline companies agree that they need to identify customer needs in order to secure loyal customers more effectively. The outcomes from an airline's frequent flyer program can have a variety of effects on international competition. First, the airline can obtain a more dominant position in the air flight market by expanding its air route networks. Second, the availability of flight products for customers can be improved with an increase in flight frequency. Third, the airline can preferentially expand into new markets and thus gain advantages over its competitors. However, there are few empirical studies on the airline frequent flyer program. Accordingly, this study aims to explore the effects of the program on international competition, after reviewing the types of strategic alliance between airlines. Making strategic airline alliances is a worldwide trend resulting from the open skies policy. South Korea also needs to be making open skies agreements more realistic to promote the growth and competition of domestic airlines. The present study is about the performance of the airline frequent flyer program and international competition under the open skies policy. With a sample of five global alliance groups (Star, Oneworld, Wings, Qualiflyer and Skyteam), the study was attempted as an empirical study of the effects that the resource structures and levels of information technology held by airlines in each group have on the type of alliance, and one-way analysis of variance and regression analysis were used to test hypotheses. The findings of this study suggest that both large airline companies and small/medium-size airlines in an alliance group with global networks and organizations are able to achieve high performance and secure international competitiveness. Airline passengers earn mileage points by using non-flight services through an alliance network with hotels, car-rental services, duty-free shops, travel agents and more and show high interests in and preferences for related service benefits. Therefore, Korean airline companies should develop more aggressive marketing programs based on multilateral alliances with other services including hotels, as well as with other airlines.

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Numerical Verification of Hybrid Optimization Technique for Finite Element Model Updating (유한요소모델개선을 위한 하이브리드 최적화기법의 수치해석 검증)

  • Jung, Dae-Sung;Kim, Chul-Young
    • Journal of the Earthquake Engineering Society of Korea
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    • v.10 no.6 s.52
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    • pp.19-28
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    • 2006
  • Most conventional model updating methods must use mathematical objective function with experimental modal matrices and analytical system matrices or must use information about the gradient or higher derivatives of modal properties with respect to each updating parameter. Therefore, most conventional methods are not appropriate for complex structural system such as bridge structures due to stability problem in inverse analysis with ill-conditions. Sometimes, moreover, the updated model may have no physical meaning. In this paper, a new FE model updating method based on a hybrid optimization technique using genetic algorithm (GA) and Holder-Mead simplex method (NMS) is proposed. The performance of hybrid optimization technique on the nonlinear problem is demonstrated by the Goldstein-Price function with three local minima and one global minimum. The influence of the objective function is evaluated by the case study of a simulated 10-dof spring-mass model. Through simulated case studies, finally, the objective function is proposed to update mass as well as stiffness at the same time. And so, the proposed hybrid optimization technique is proved to be an efficient method for FE model updating.

Optimization of long span portal frames using spatially distributed surrogates

  • Zhang, Zhifang;Pan, Jingwen;Fu, Jiyang;Singh, Hemant Kumar;Pi, Yong-Lin;Wu, Jiurong;Rao, Rui
    • Steel and Composite Structures
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    • v.24 no.2
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    • pp.227-237
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    • 2017
  • This paper presents optimization of a long-span portal steel frame under dynamic wind loads using a surrogate-assisted evolutionary algorithm. Long-span portal steel frames are often used in low-rise industrial and commercial buildings. The structure needs be able to resist the wind loads, and at the same time it should be as light as possible in order to be cost-effective. In this work, numerical model of a portal steel frame is constructed using structural analysis program (SAP2000), with the web-heights at five locations of I-sections of the columns and rafters as the decision variables. In order to evaluate the performance of a given design under dynamic wind loading, the equivalent static wind load (ESWL) is obtained from a database of wind pressures measured in wind tunnel tests. A modified formulation of the problem compared to the one available in the literature is also presented, considering additional design constraints for practicality. Evolutionary algorithms (EA) are often used to solve such non-linear, black-box problems, but when each design evaluation is computationally expensive (e.g., in this case a SAP2000 simulation), the time taken for optimization using EAs becomes untenable. To overcome this challenge, we employ a surrogate-assisted evolutionary algorithm (SAEA) to expedite the convergence towards the optimum design. The presented SAEA uses multiple spatially distributed surrogate models to approximate the simulations more accurately in lieu of commonly used single global surrogate models. Through rigorous numerical experiments, improvements in results and time savings obtained using SAEA over EA are demonstrated.