• Journal of Distribution Science
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• v.13 no.2
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• pp.15-24
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• 2015

Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

• International Journal of Reliability and Applications
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• v.15 no.2
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• pp.77-84
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• 2014

In this paper, a optimal designing methodology is proposed to determine the parameters for skip-lot sampling plan of type SkSP-2 plan with double sampling plan as reference plan, when the lifetime of the product follows generalized exponential distribution. The two points on the operating characteristic curve approach are used to find the optimal parameters for the proposed plan. The plan parameters are determined so as to minimize the average sample number subject to satisfying simultaneously both producer and consumer risks at the acceptable and limiting quality levels respectively.

• Journal of information and communication convergence engineering
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• v.8 no.3
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• pp.339-342
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• 2010

An iris image pattern positioning with preserved edge detector, ring zone and clock zone, frequency distribution and overlay matching is presented in this paper. Edge detector is required to be powerful and detail. That is proposed by overlaying Canny with LOG (CLOG). The two reference patterns are made from allocating each gray level on the clock zone and ring zone respectively. The normalized target image is overlaid with the clock zone reference pattern and the ring zone pattern to extract overlapped number, and make a matched frequency distribution to look through a symptom and position of human organ and tissue. The iterating experiments result in the ring and clock zone positioning evaluation.

• Journal of the Korean Data and Information Science Society
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• v.28 no.1
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• pp.217-225
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• 2017

This article deals with the problem of multiple hypothesis testing for the shape parameter in the generalized exponential distribution. We propose Bayesian hypothesis testing procedures for multiple hypotheses of the shape parameter with the noninformative prior. The Bayes factor with the noninformative prior is not well defined. The reason is that the most of the noninformative prior can be improper. Therefore we study the default Bayesian multiple hypothesis testing methods using the fractional and intrinsic Bayes factors with the reference priors. Simulation study is performed and an example is given.

• Journal of the Korean Data and Information Science Society
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• v.24 no.1
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• pp.171-178
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• 2013

In this paper, we develop noninformative priors for the generalized Pareto distribution when the parameter of interest is the shape parameter. We developed the first order and the second order matching priors.We revealed that the second order matching prior does not exist. It turns out that the reference prior satisfies a first order matching criterion, but Jeffrey's prior is not a first order matching prior. Some simulation study is performed and a real example is given.

• Journal of Electrical Engineering and Technology
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• v.7 no.6
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• pp.824-833
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• 2012

In this paper, a coordinated state-of-charge (SOC) control strategy for the energy storage system (ESS) operating under microgrid islanded mode to stabilize the frequency and voltage was proposed. The proposed SOC control loop is made up of PI controller, which uses a SOC state of the energy storage system as an input and an auxiliary reference value of secondary control as an output. The SOC controller changes the auxiliary reference value of secondary control to charge or discharge the ESS. To verify the proposed control strategy, PSCAD/EMTDC simulation study was performed. The simulation results show that the SOC of the ESS can be regulated at the desired operating range without degrading the stabilizing control performance by proposed coordinated SOC control method.

• Nutrition Research and Practice
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• v.5 no.3
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• pp.266-274
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• 2011

Accurate assessment of nutrient adequacy of a population should be based on usual intake distribution of that population. This study was conducted to adjust usual nutrient intake distributions of a single 24-hour recall in 2001 Korean National Health and Nutrition Surveys (KNHNS) in order to determine the magnitude of limitations inherent to a single 24-hour recall in assessing nutrient intakes of a population. Of 9,960 individuals who provided one 24-hour recall in 2001 KNHNS, 3,976 subjects provided an additional one-day 24-hour recall in 2002 Korean National Nutrition Survey by Season (KNNSS). To adjust for usual intake distribution, we estimated within-individual variations derived from 2001 KNHNS and 2002 KNNSS using the Iowa State University method. Nutritionally at risk population was assessed in reference to the Dietary Reference Intakes for Koreans (KDRIs). The Korean Estimated Average Requirement (Korean EAR) cut-point was applied to estimate the prevalence of inadequate nutrient intakes except for iron intakes, which were assessed using the probability approach. The estimated proportions below Korean EAR for calcium, riboflavin, and iron were 73%, 41%, and 24% from usual intake distribution and 70%, 51%, and 39% from one-day intake distribution, respectively. The estimated proportion of sodium intakes over the Intake Goal of 2,000 mg/day was 100% of the population after adjustment. The energy proportion from protein was within Korean Acceptable Macronutrient Distribution Ranges (Korean AMDR), whereas that of carbohydrate was higher than the upper limit and that of fat was below the lower limit in the subjects aged 30 years or older. According to these results, the prevalence of nutritional inadequacy and excess intake is over-estimated in Korea unless usual intake distributions are adjusted for one-day intakes of most nutrients.

• Proceedings of the Korean Society of Surveying, Geodesy, Photogrammetry, and Cartography Conference
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• 2007.04a
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• pp.17-20
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• 2007

Many countries have changed her geodetic reference system from local system to global system because of the global network's necessity And, also Korean geodetic reference system changed from Tokyo datum to Global geodetic reference system since 2003 as the revision of Survey Law and Korean reference ellipsoid changed from Bessel 1841 ellipsoid to GRS80. Astronomic surveying has been regarded as an important method for absolute positioning of geodetic datum in each countries under the local geodetic reference system. This paper aims to analyses distribution of geoidal heights and ellipsoidal agreement between Bessel 1841 and GRS80 ellipsoid in Korea through comparing both astrogeotic geoidal heights referred to GRS80 and Bessel 1841 ellipsoid by astronomic surveying data which have been surveyed after 1970 in Korea.

• Journal of the Korean Institute of Telematics and Electronics B
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• v.31B no.9
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• pp.133-141
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• 1994

Conventional competitive learning algorithms compute the Euclidien distance to determine the winner neuron out of all predetermined output neurons. In such cases, there is a drawback that the performence of the learning algorithm depends on the initial reference(=weight) vectors. In this paper, we propose a new competitive learning algorithm that dynamically generates output neurons. The proposed method generates output neurons by dynamically changing the class thresholds for all output neurons. We compute the similarity between the input vector and the reference vector of each output neuron generated. If the two are similar, the reference vector is adjusted to make it still more like the input vector. Otherwise, the input vector is designated as the reference vector of a new outputneuron. Since the reference vectors of output neurons are dynamically assigned according to input pattern distribution, the proposed method gets around the phenomenon that learning is early determined due to redundant output neurons. Experiments using speech data have shown the proposed method to be superior to existint methods.

• Proceedings of the KIEE Conference
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• 2015.07a
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• pp.318-320
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• 2015

The distribution system is operated radially in which electrical grid is complex. If a fault occurs in distribution system, it can make a huge impact on power supply. Therefore, The distribution contingency analysis is proposed in this paper based on the reference [1]. Using RSI (Restoration Section Index) calculated by feeder margin and section load, the operator can grasp restoration capability quickly.