• Title/Summary/Keyword: weighted average method

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Menu Analysis Using Menu Engineering and Cost/Margin Analysis - French Restaurant of the Tourism Hotel in Seoul - (메뉴엔지니어링기법과 CMA 기법을 이용한 메뉴 분석에 관한 연구 - 서울지역 특1급 호텔의 프렌치레스토랑을 중심으로 -)

  • Lee, Eun-Jung;Lee, Young-Sook
    • Journal of the Korean Society of Food Culture
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    • v.21 no.3
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    • pp.270-279
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    • 2006
  • This study was designed to : (a) analyze the menus of the French restaurant in tourism hotel using the menu analysis techniques of Kasavana & Smith and Pavesic, (b) compare the characteristics of the two analysis techniques. The calculations for the menu analysis were done using the MS 2000 Excel spreadsheet program. The menu mix % and unit contribution margin were used as variables by Kasavana & Smith and weighted contribution margins (WCM) and potential food cost % (PFC%) by Pavesic. In two cases, a four-cell matrix was created and menu items were located in each according they achieved high or low scores with respect to two variables. The items that scored favorably on both variables were rated in the top category (e.g., star, prime) and those that scored below average on both were rated in the lowest category (e.g., dog, problem). While Kasavana & Smith's method focused on customer's viewpoints, Pavesic's method considered the manager's viewpoints. Therefore, it is more likely to be desirable for decision-making on menus if the menu analysis techniques chosen is suited to its purpose.

Market Risk Premium in Korea: Analysis and Policy Implications (한국의 시장위험 프리미엄: 분석과 시사점)

  • Se-hoon Kwon;Sang-Buhm Hahn
    • Asia-Pacific Journal of Business
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    • v.15 no.2
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    • pp.71-88
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    • 2024
  • Purpose - This study provides an overview of existing research and practices related to market risk premiums(MRP), and empirically estimates the MRP in Korea, particularly using the related option prices. We also seek to improve the current MRP practices and explore alternative solutions. Design/methodology/approach - We present the option price-based MRP estimation method, as proposed by Martin (2017), and implement it within the context of the Korean stock market. We then juxtapose these results with those derived from other methods, and compare the characteristics with those of the United States. Findings - We found that the lower limit of the MRP in the Korean stock market shows a much lower value compared to the US. There seems to be the possibility of a market crash, exchange rate volatility, or a lack of option trading data. We investigated the predictive power of the estimated values and discovered that the weighted average of the results of various methodologies using the Principal Component Analysis (PCA) is superior to the individual method's results. Research implications or Originality - It is required to explore various methods of estimating MRP that are suitable for the Korean stock market. In order to improve the estimation methodology based on option prices, it is necessary to develop the methods using the higher-order(third order or above) moments, or consider additional risk factors such as the possibility of a crash.

Online analysis of iron ore slurry using PGNAA technology with artificial neural network

  • Haolong Huang;Pingkun Cai;Xuwen Liang;Wenbao Jia
    • Nuclear Engineering and Technology
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    • v.56 no.7
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    • pp.2835-2841
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    • 2024
  • Real-time analysis of metallic mineral grade and slurry concentration is significant for improving flotation efficiency and product quality. This study proposes an online detection method of ore slurry combining the Prompt Gamma Neutron Activation Analysis (PGNAA) technology and artificial neural network (ANN), which can provide mineral information rapidly and accurately. Firstly, a PGNAA analyzer based on a D-T neutron generator and a BGO detector was used to obtain a gamma-ray spectrum dataset of ore slurry samples, which was used to construct and optimize the ANN model for adaptive analysis. The evaluation metrics calculated by leave-one-out cross-validation indicated that, compared with the weighted library least squares (WLLS) approach, ANN obtained more precise and stable results, with mean absolute percentage errors of 4.66% and 2.80% for Fe grade and slurry concentration, respectively, and the highest average standard deviation of only 0.0119. Meanwhile, the analytical errors of the samples most affected by matrix effects was reduced to 0.61 times and 0.56 times of the WLLS method, respectively.

Classification of Epileptic Seizure Signals Using Wavelet Transform and Hilbert Transform (웨이블릿 변환과 힐버트 변환을 이용한 간질 파형 분류)

  • Lee, Sang-Hong
    • Journal of Digital Convergence
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    • v.14 no.4
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    • pp.277-283
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    • 2016
  • This study proposed new methods to classify normal and epileptic seizure signals from EEG signals using peaks extracted by wavelet transform(WT) and Hilbert transform(HT) based on a neural network with weighted fuzzy membership functions(NEWFM). This study has the following three steps for extracting inputs for NEWFM. In the first step, the WT was used to remove noise from EEG signals. In the second step, the HT was used to extract peaks from the wavelet coefficients. We also selected the peaks bigger than the average of peaks to extract big peaks. In the third step, statistical methods were used to extract 16 features used as inputs for NEWFM from peaks. The proposed methodology shows that accuracy, specificity, and sensitivity are 99.25%, 99.4%, 99% with 16 features, respectively. Improvement in feature selection method in view to enhancing the accuracy is planned as the future work for selecting good features from 16 features.

Classification of Daily Precipitation Patterns in South Korea using Mutivariate Statistical Methods

  • Mika, Janos;Kim, Baek-Jo;Park, Jong-Kil
    • Journal of Environmental Science International
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    • v.15 no.12
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    • pp.1125-1139
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    • 2006
  • The cluster analysis of diurnal precipitation patterns is performed by using daily precipitation of 59 stations in South Korea from 1973 to 1996 in four seasons of each year. Four seasons are shifted forward by 15 days compared to the general ones. Number of clusters are 15 in winter, 16 in spring and autumn, and 26 in summer, respectively. One of the classes is the totally dry day in each season, indicating that precipitation is never observed at any station. This is treated separately in this study. Distribution of the days among the clusters is rather uneven with rather low area-mean precipitation occurring most frequently. These 4 (seasons)$\times$2 (wet and dry days) classes represent more than the half (59 %) of all days of the year. On the other hand, even the smallest seasonal clusters show at least $5\sim9$ members in the 24 years (1973-1996) period of classification. The cluster analysis is directly performed for the major $5\sim8$ non-correlated coefficients of the diurnal precipitation patterns obtained by factor analysis In order to consider the spatial correlation. More specifically, hierarchical clustering based on Euclidean distance and Ward's method of agglomeration is applied. The relative variance explained by the clustering is as high as average (63%) with better capability in spring (66%) and winter (69 %), but lower than average in autumn (60%) and summer (59%). Through applying weighted relative variances, i.e. dividing the squared deviations by the cluster averages, we obtain even better values, i.e 78 % in average, compared to the same index without clustering. This means that the highest variance remains in the clusters with more precipitation. Besides all statistics necessary for the validation of the final classification, 4 cluster centers are mapped for each season to illustrate the range of typical extremities, paired according to their area mean precipitation or negative pattern correlation. Possible alternatives of the performed classification and reasons for their rejection are also discussed with inclusion of a wide spectrum of recommended applications.

A Theoretical Review on the Intangible Assets Valuation Techniques of Income Approach (무형자산평가에 관한 이론적 고찰 - 소득접근법의 평가기법을 중심으로 -)

  • Ahn, Jeong-Keun
    • Journal of Cadastre & Land InformatiX
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    • v.45 no.1
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    • pp.207-224
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    • 2015
  • The purpose of this study is to review the various valuation techniques of intangible assets. The value of intangible asset by the income approach can be measured as the present value of the economic benefit over the intangible asset's remaining useful life. The typical methods used in intangible asset economic income projections include extrapolation method, life cycle analyses, sensitivity analyses, simulation analyses, judgment method, and tabula rasa method. There are several methods available for estimating capitalization rates and discount rates for intangible asset, in which we have discussed market extraction method, capital asset pricing model, built-up method, discounted cash flow model, and weighted average cost of capital method. As the capitalization methods for intangible asset, relief-from-royalty method, excess earnings capitalization method, profit split method, residual from business enterprise method, postulated loss of income method and so on have been reviewed.

The Relationship between General Characteristics and Eating-out Behaviors of Industrial Workers (산업체에 근무하는 근로자의 일반적 특성과 외식행동과의 관련성 분석)

  • 권순형
    • Journal of the East Asian Society of Dietary Life
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    • v.13 no.6
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    • pp.501-513
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    • 2003
  • This study was conducted to investigate the relationship between general characteristics and the eating-out behaviors of 643 male/female industrial workers. The results of the study was summarized as follows. 1. The frequency rate of eating-out was higher for male than female, college graduates than high school graduates, high income earner than low income earner, and unmarried than married(p<0.05). 2. Average cost for eating-out was higher for male than female, for high educated and high income earner than low educated person. Age, married or not, personal health conditions and BMI, however, didn't make any difference in the average cost for eating-out. 3. Reasons fur eating-out was very different due to gender, age, degree of education income rate, married or not, BMI(p<0.05) but basically eating-out was due to get together with friends or colleagues. Also, people who thought they were not in good health answered that they did not eat-out in any conditions. Overweighted people ate out more often than normal or under-weighted people. 4. The method in gathering information about eating-out was different according to the level of education and whether married or not. On the other hand, gender, age, income rate, personal health condition and BMI did not make a big difference in its method. However, most People who Participated in the survey gathered information from people around them, such as friends/colleagues. 5. Taste was the most important factor in deciding the actual eating-out restaurant among the respondents and gender, age, level of education, married or not also made significant differences (p<0.05). 6. Besides personal health conditions and BMI, all the general characteristics including age made significant differences in selecting the most frequently visited restaurant. 7. Besides the personal health conditions, the transportation vehicle was different due to gender, age, level of education, income rate, married or not and BMI. As seen from the results, the eating-out behaviors mostly differed due to general characteristics. In order to searching for a new eating-out market, the general characteristics and the trend of the target customers has to be analyzed to activate the eating-out industry. In addition the need for highly nutritional food with low calorific value has to be emphasized along with the taste.

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On the Design of ToA Based RSS Compensation Scheme for Distance Measurement in WSNs (ToA 기반 RSS 보정 센서노드 거리 측정 방법)

  • Han, Hyeun-Jin;Kwon, Tae-Wook
    • The KIPS Transactions:PartC
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    • v.16C no.5
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    • pp.615-620
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    • 2009
  • Nowadays, wireless infrastructures such as sensor networks are widely used in many different areas. In case of sensor networks, the wirelessly connected sensors can execute different kind of tasks in a diversity of environments, and one of the most important parameter for a successful execution of such tasks is the location information of each node. As to localization problems in WSNs, there are ToA (Timer of Arrival), RSS (Received Signal Strength), AoA (Angle of Arrival), etc. In this paper, we propose a modification of existing ToA and RSS based methods, adding a weighted average scheme to measure more precisely the distance between nodes. The comparison experiments with the traditional ToA method show that the average error value of proposed method is reduced by 0.1 cm in indoor environment ($5m{\times}7m$) and 0.6cm in outdoor environment ($10{\times}10m$).

Premature Contraction Arrhythmia Classification through ECG Pattern Analysis and Template Threshold (ECG 패턴 분석과 템플릿 문턱값을 통한 조기수축 부정맥분류)

  • Cho, Ik-sung;Cho, Young-Chang;Kwon, Hyeog-soong
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.20 no.2
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    • pp.437-444
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    • 2016
  • Most methods for detecting arrhythmia require pp interval, diversity of P wave morphology, but it is difficult to detect the p wave signal because of various noise types. Therefore it is necessary to use noise-free R wave. In this paper, we propose algorithm for premature contraction arrhythmia classification through ECG pattern analysis and template threshold. For this purpose, we detected R wave through the preprocessing method using morphological filter, subtractive operation method. Also, we developed algorithm to classify premature contraction wave pattern using weighted average, premature ventricular contraction(PVC) and atrial premature contraction(APC) through template threshold for R wave amplitude. The performance of R wave detection, PVC classification is evaluated by using 6 record of MIT-BIH arrhythmia database that included over 30 PVC and APC. The achieved scores indicate the average of 99.77% in R wave detection and the rate of 94.91%, 95.76% in PVC and APC classification.

Edge Computing-based Differential Positioning Method for BeiDou Navigation Satellite System

  • Wang, Lina;Li, Linlin;Qiu, Rui
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.13 no.1
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    • pp.69-85
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    • 2019
  • BeiDou navigation satellite system (BDS) is one of the four main types of global navigation satellite systems. The current system has been widely used by the military and by the aerospace, transportation, and marine fields, among others. However, challenges still remain in the BeiDou system, which requires rapid responses for delay-sensitive devices. A differential positioning algorithm called the data center-based differential positioning (DCDP) method is widely used to avoid the influence of errors. In this method, the positioning information of multiple base stations is uploaded to the data center, and the positioning errors are calculated uniformly by the data center based on the minimum variance or a weighted average algorithm. However, the DCDP method has high delay and overload risk. To solve these problems, this paper introduces edge computing to relieve pressure on the data center. Instead of transmitting the positioning information to the data center, a novel method called edge computing-based differential positioning (ECDP) chooses the nearest reference station to perform edge computing and transmits the difference value to the mobile receiver directly. Simulation results and experiments demonstrate that the performance of the ECDP outperforms that of the DCDP method. The delay of the ECDP method is about 500ms less than that of the DCDP method. Moreover, in the range of allowable burst error, the median of the positioning accuracy of the ECDP method is 0.7923m while that of the DCDP method is 0.8028m.