• The Journal of Asian Finance, Economics and Business
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• v.9 no.7
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• pp.53-62
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• 2022

Commercial banks have a significant impact on the economy of Vietnam because they provide the majority of transactional capital. Therefore, the operational efficiency of commercial banks is a viral topic for the study of the Vietnamese banking system. The research aims to examine the efficiency and inefficiency of joint-stock commercial banks in Vietnam from 2016 to 2020 and then classify them into the efficient group and inefficient group. The study employs the time series data of 29 joint-stock commercial banks during the period 2016-2020. Based on the data collected from the annual audited financial statements of 29 Vietnamese joint-stock commercial banks, the authors select input and output variables for the standard DEA models and anti-efficient DEA models. This research uses two stages, first, by applying the standard DEA model, we investigate the efficient banks; second, by employing the anti-efficient DEA model, we find out the inefficient banks. The results reveal that the average efficiency score of 29 joint-stock commercial banks tends to increase in the period 2016-2018 and decrease gradually in the period 2019-2020. The findings of this study suggest that several small and medium-sized banks in the Vietnamese banking sector have both promising and risky performances and the efficiency of state-owned commercial banks has also improved significantly during the study period.

• Journal of Information Processing Systems
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• v.18 no.5
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• pp.637-649
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• 2022

Investors aim to increase their profitability by investing in the stock market. An adroit strategy for minimizing related risk lies through diversifying portfolio operationalization. In this paper, we propose a six-step stocks portfolio selection model. This model is based on data mining clustering techniques that reflect the ensuing impact of the political, economic, legal, and corporate governance in Mongolia. As a dataset, we have selected stock exchange trading price, financial statements, and operational reports of top-20 highly capitalized stocks that were traded at the Mongolian Stock Exchange from 2013 to 2017. In order to cluster the stock returns and risks, we have used k-means clustering techniques. We have combined both k-means clustering with Markowitz's portfolio theory to create an optimal and efficient portfolio. We constructed an efficient frontier, creating 15 portfolios, and computed the weight of stocks in each portfolio. From these portfolio options, the investor is given a choice to choose any one option.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.3
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• pp.40-48
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• 2022

An automated material handling system (AMHS) has been emerging as an important factor in the semiconductor wafer manufacturing industry. In general, an automated guided vehicle (AGV) in the Fab's AMHS travels hundreds of miles on guided paths to transport a lot through hundreds of operations. The AMHS aims to transfer wafers while ensuring a short delivery time and high operational reliability. Many linear and analytic approaches have evaluated and improved the performance of the AMHS under a deterministic environment. However, the analytic approaches cannot consider a non-linear, non-convex, and black-box performance measurement of the AMHS owing to the AMHS's complexity and uncertainty. Unexpected vehicle congestion increases the delivery time and deteriorates the Fab's production efficiency. In this study, we propose a Q-Learning based dynamic routing algorithm considering vehicle congestion to reduce the delivery time. The proposed algorithm captures time-variant vehicle traffic and decreases vehicle congestion. Through simulation experiments, we confirm that the proposed algorithm finds an efficient path for the vehicles compared to benchmark algorithms with a reduced mean and decreased standard deviation of the delivery time in the Fab's AMHS.

• Journal of Drive and Control
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• v.20 no.3
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• pp.1-8
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• 2023

The purpose of this study was to investigate and compare the impact of engine load on the emission characteristics of excavator engines, with the aim of improving the method for calculating the emission inventory of construction machinery. The engine load in excavators is directly correlated with the operational workload, and variations in the load factor (LF) can significantly influence the emission inventory. Thus, on-board diagnostic (OBD) data from an excavator at a construction site were systematically collected to measure engine output and emissions. The results revealed discernible differences in emissions based on engine load, even when the average excavator engine performance remained constant. This highlights the significant influence of the type and characteristics of the work being carried out on emission characteristics. Making realistic adjustments to the LF used in emission calculation formulas emerges as a crucial strategy for environmental improvement. Moreover, the analysis of the effects of engine load on emissions from excavators provides valuable insights for enhancing environmental protection measures.

• New & Renewable Energy
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• v.19 no.1
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• pp.12-21
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• 2023

Governments and global companies are working towards using renewable sources of energy, such as solar, wind, and biomass, to reduce dependency on fossil fuels. In the defense sector, the new strategy seeks to increase the sustainable use of renewable energy sources to improve energy security and reduce military transportation. Renewable energy technologies are affected by factors such as climate, resources, and policy environments. Therefore, governments and global companies need to carefully select the optimal renewable energy sources and deployment strategies. Biomass is a promising energy source owing to its high energy density and ease of collection and harvesting. Many techniques have been developed to convert the biomass into electrical energy. Recently, diverse types of fuel cells have been suggested that can directly convert the chemical energy of biomass into electrical energy. The recently developed biomass flow fuel cell has significantly enhanced the power density several hundred times, reaching to ~100 mW/cm². In this review, we explore various strategies for producing electrical energy from biomass using modern methods, and discuss the challenges and potential prospects of this method.

• Advances in aircraft and spacecraft science
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• v.9 no.4
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• pp.335-347
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• 2022

Airport operations are well-known as a bottleneck in the air traffic system, putting growing pressure on the world's busiest airports to schedule arrivals and departures as efficiently as possible. Effective planning and control are essential for increasing airport efficiency and reducing aircraft delays. Many algorithms for controlling the arrival/departure queuing area are handled, considering it as first in first out queues, where any available aircraft can take off regardless of its relative sequence with other aircraft. In the suggested system, this problem was compared to the problem of scheduling n tasks (plane takeoffs and landings) on a multiple machine (runways). The proposed technique decreases delays (via efficient runway allocation or allowing aircraft to be expedited to reach a scheduled time) to enhance runway capacity and decrease delays. The aircraft scheduling problem entails arranging aircraft on available runways and scheduling their landings and departures while considering any operational constraints. The topic of this work is the scheduling of aircraft landings and takeoffs on multiple runways. Each aircraft's takeoff and landing schedules have time windows, as well as minimum separation intervals between landings and takeoffs. We present and evaluate a variety of comprehensive concepts and solutions for scheduling aircraft arrival and departure times, intending to reduce delays relative to scheduled times. When compared to First Come First Serve scheduling algorithm, the suggested strategy is usually successful in reducing the average waiting time and average tardiness while optimizing runway use.

• Journal of Information Technology Applications and Management
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• v.30 no.6
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• pp.1-15
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• 2023

With the advent of the Fourth Industrial Revolution, propelled by digital technology, we are transitioning into an era of hyperconnectivity, where everything and objects are becoming interconnected. A smart supply chain refers to a supply chain system where various sensors and RFID tags are attached to objects such as machinery and products used in the manufacturing and transportation of goods. These sensors and tags collect and analyze process data related to the products, providing meaningful information for operational use and decision-making in the supply chain. Before the spread of COVID-19, the fundamental principles of supply chain management were centered around 'cost minimization' and 'high efficiency.' A smart supply chain overcomes the linear delayed action-reaction processes of traditional supply chains by adopting real-time data for better decision-making based on information, providing greater transparency, and enabling enhanced collaboration across the entire supply chain. Therefore, in this study, a hierarchical model for building a smart supply chain was constructed to systematically derive the importance of key factors that should be strategically considered in the construction of a smart supply chain, based on the major factors identified in previous research. We applied AHP (Analytical Hierarchy Process) techniques to identify urgent improvement areas in smart SCM initiatives. The analysis results showed that the external supply chain integration is the most urgent area to be improved in smart SCM initiatives.

• Human Ecology Research
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• v.62 no.1
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• pp.1-13
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• 2024

This study analyzed the current operational status, business continuity, and business continuity strategies of 11 Soho fashion shopping malls through a longitudinal case study (2019/2020 and 2022/2023). The aim was to determine how Soho fashion shopping malls are continuing their business having been successfully established in the fiercely competitive current online fashion market. Regarding changes in shopping mall operation status, all cases displayed changes in items, distribution channels, marketing channels, core values, and profit structures. After establishing the businesses, a crisis arose due to the COVID-19 pandemic, leading to difficulties in creating new customers. Moreover, there was excessive business expansion, resulting in saturation of the online platform store market. This meant companies were experiencing reduced sales (5) or difficulties in maintaining their business (3). However, there were differences in the direction of overcoming the crisis and continuing or converting the business. These revealed that to continue the business after successful establishment of an online fashion shopping mall, it is essential to have the expertise of entrepreneurs, work performance, and marketing ability, as well as differentiation capabilities such as product power and management strategy and core competitiveness that provides a relative advantage over other shopping malls. Customized government support at the level of the start-up ecosystem is also essential for the survival and business continuity of a SOHO online fashion shopping mall with poor human and material resources.

• Convergence Security Journal
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• v.23 no.5
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• pp.173-179
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• 2023

The 4th Industrial Revolution technology has emerged as a solution to build a hyper-connected, super-intelligent network-oriented operational environment, overcoming the obstacles of reducing troops and defense budgets facing the current military. However, the overall risk management, including the increase in complexity of the latest inform ation technology and the verification of the impact with the existing information system, is insufficient, leading to serious threats to system integrity and availability, or negatively affecting interoperability between systems. It can be inhibited. In this paper, we suggest cyber threat response strategies for our military to prepare for cyber threats by examining information security risk management in the United States in order to protect military information assets from cyber threats that may arise due to the advancement of information technology.

• Journal of Korean Society of Transportation
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• v.29 no.2
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• pp.111-121
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• 2011

This paper discusses a method for optimizing the semi-actuated traffic signal control system by adjusting the initial interval according to the number of vehicles waiting for the green light in the actuated phase. We also present a Left-Turn actuated traffic signal control strategy that examines the vehicular noise in the detection area and determines the phase extension and the gap-out. In order to detect the vehicles in real-time, an image detector's Video Image Tracking technology was adopted. A 'Zone in Zone'method was implemented, and the image detection area is segmented into three zones: 1) Zone1 for verifying a vehicles obligatory presence, 2) Zone2 for counting the standby vehicles, and 3) Zone3 for examining the number of vehicles that have passed. The on-site assessment of the Left Turn Actuated Control is carried out using CORSIM, and the results show that the Control Delay decreased by 23.10%, 15.06%, and 4.34% compared to the delays resulted from pre-timed control, semi-actuated control-1 and semi-actuated control-2 traffic signal control systems respectively. The Queue Time also decreased by 36.24%, 20.10% and the Total Time by 14.36%, 7.02% for the same scenario. Which clearly demonstrates the operational efficiency. A sensitivity analysis reveals that the improvement from the propose traffic control strategy tends to increase as the through traffic volume reaches a saturated condition and the left-turn traffic volume decreases.