• Title/Summary/Keyword: risk rating

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Development of Rock Slope Risk Rating System for the Determination of the Priority of Investment (도로절개면 투자우선순위 결정기법 개발)

  • 구호본;박혁진;민기복;정의진;김춘식;박성욱
    • Proceedings of the Korean Geotechical Society Conference
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    • 2000.03b
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    • pp.411-418
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    • 2000
  • With the limited amount of budget and time, it is required to determine the priority of investment when there are a large number of hazardous slopes. In this paper, the Rock Slope Risk Rating System is developed based on the combination of the hazard of failure and the damage potential. By applying the proposed rating system to 253 rock slopes in Korean National Highway, it was possible to determine the priority of investment on road cut slopes.

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Development of Risk Rating and Index for Coastal Activity Locations

  • Lee, Young-Jai;Jung, Cho-Young;Gu, Ja-Yeong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.26 no.3
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    • pp.227-232
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    • 2020
  • This paper develops a risk index based on an indicator of risk assessment in terms of coastal activity location and accident type. The risk index is derived from a formula which adds the consequence of failure to a vulnerability value, then subtracts the mitigation value. Specifically, the consequence of failure is the number of casualties in coastal activity locations. An indicator of vulnerability refers to coastal environment elements and social elements. A pointer of mitigation includes managerial and organizational elements that indicate the capabilities of coastal activities. A risk rating of coastal activity location is found from a risk matrix consisting of the accident location and type. The purpose of this study is to prevent accidents at coastal activity locations by allowing the Coastal police guard to monitor effectively and inform visitors of potential risks.

Analysis on Ampacity of Overhead Transmission Lines Being Operated

  • Yan, Zhijie;Wang, Yanling;Liang, Likai
    • Journal of Information Processing Systems
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    • v.13 no.5
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    • pp.1358-1371
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    • 2017
  • Dynamic thermal rating (DTR) system is an effective method to improve the capacity of existing overhead line. According to the methodology based on CIGRE (International Council on Large Electric systems) standard, ampacity values under steady-state heating balance can be calculated from ambient environmental conditions. In this study, simulation analysis of relations between parameters and ampacity is described as functional dependence, which can provide an effective basis for the design and research of overhead transmission lines. The simulation of ampacity variation in different rating scales is described in this paper, which are determined from real-time meteorological data and conductor state parameters. To test the performance of DTR in different rating scales, capacity improvement and risk level are presented. And the experimental results show that the capacity of transmission line by using DTR has significant improvement, with low probability of risk. The information of this study has an important reference value to the operation management of power grid.

Development of Intelligent Credit Rating System using Support Vector Machines (Support Vector Machine을 이용한 지능형 신용평가시스템 개발)

  • Kim Kyoung-jae
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.9 no.7
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    • pp.1569-1574
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    • 2005
  • In this paper, I propose an intelligent credit rating system using a bankruptcy prediction model based on support vector machines (SVMs). SVMs are promising methods because they use a risk function consisting of the empirical error and a regularized term which is derived from the structural risk minimization principle. This study examines the feasibility of applying SVM in Predicting corporate bankruptcies by comparing it with other data mining techniques. In addition. this study presents architecture and prototype of intelligeht credit rating systems based on SVM models.

Application of Fire Risk and Fire Risk Rating Assessment for Four Species of Wood According to Chung's Equation-XII (Chung's Equation-XII에 의한 목재 4종의 화재위험성 및 화재위험성 등급 평가 적용)

  • Yeong-Jin Chung;Eui Jin
    • Applied Chemistry for Engineering
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    • v.35 no.1
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    • pp.29-36
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    • 2024
  • The fire risk and fire safety of four types of wood were comprehensively evaluated according to Chung's equation-XII. White ash, willow, fraxinus mandshurica, and sagent cherry trees were selected as test specimens. A cone calorimetery (ISO 5660-1) was used to examine the combustion characteristics of the test piece, and finally, the fire risk rating (FRR) was predicted using the fire risk index-XII (FRI-XII). The predicted fire performance index-X (FPI-X) and fire growth index-X (FGI-X) ranged from 469.03 to 1109.73 s2/kW and 0.0009 to 0.0280 kW/s2, respectively. Additionally, the fire performance index-XI (FPI-XI) and fire growth index-XI (FGI-XI) ranged from 0.41 to 0.97 and 1.11 to 3.11, respectively. The fire risk index-XII (FRI-XII), representing a fire risk rating, showed that the fire risk of frasxinus mandsurica tree (FM) was very high at 7.60 (fire risk rating: D). And it was compared with Chung's equation-IX, fire risk index-IX (FRI-IX). The fire risk ratings according to FRI-IX and FRI-XII were generally high for willow and frasxinus mandsurica trees. Additionally, the results of FRI-XII and FRI-IX had a similar relationship, and the size of each fire safety rating closely matched each other.

Study on the Estimation of Seasonal Ambient Current for the Application of Ambient Adjusted Line Rating(AAR) in Overhead Transmission Lines Using Risk Tolerance(RT) Method (가공송전선로의 AAR 적용 시 Risk Tolerance 분석을 이용한 계절별 최대 허용전류 산정 및 적용에 관한 연구)

  • Lee, Jaegul;Bae, Youngjae;Song, Jiyoung;Shin, Jeonghoon;Kim, Yonghak;Kim, Taekyun;Yoon, Yongbeum
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.1
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    • pp.7-15
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    • 2017
  • Ambient Adjusted line Rating(AAR) method for overhead transmission lines considering Risk Tolerance(RT) was proposed in this paper. AAR is suitable for system operators to plan their operation strategy and maintenance schedule because this can be designed as a seasonal line rating. Several candidate transmission lines are chosen to apply the proposed method in the paper. As a result, it is shown that system reliability was significantly enhanced through maximizing transfer capability, solving the system constraints.

Prediction of Dynamic Line Rating Based on Thermal Risk Probability by Time Series Weather Models (시계열 기상모델을 이용한 열적 위험확률 기반 동적 송전용량의 예측)

  • Kim, Dong-Min;Bae, In-Su;Cho, Jong-Man;Chang, Kyung;Kim, Jin-O
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.55 no.7
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    • pp.273-280
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    • 2006
  • This paper suggests the method that forecasts Dynamic Line Rating (DLR). Thermal Overload Risk Probability (TORP) of the next time is forecasted based on the present weather conditions and DLR value by Monte Carlo Simulation (MCS). To model weather elements of transmission line for MCS process, this paper will propose the use of statistical weather models that time series is applied. Also, through the case study, it is confirmed that the forecasted TORP can be utilized as a criterion that decides DLR of next time. In short, proposed method may be used usefully to keep security and reliability of transmission line by forecasting transmission capacity of the next time.

Assessment of Fire Risk Rating for Wood Species in Fire Event (화재 발생 시 목재 수종의 화재위험성 등급 평가)

  • Jin, Eui;Chung, Yeong-Jin
    • Applied Chemistry for Engineering
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    • v.32 no.4
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    • pp.423-430
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    • 2021
  • In order to evaluate the fire risk and fire risk rating of wood for construction materials, this study focused on fire performance index-III (FPI-III), fire growth index-III (FGI-III), and fire risk index-IV (FRI-IV) according to Chung's equations-III and -IV. Western red cedar, needle fir, ash, and maple were used as the specimens. The fire characteristics were investigated using a cone calorimeter (ISO 5660-1) equipment on the specimen. The FPI-III measured after the combustion reaction was 0.86 to 12.77 based on polymethylmethacrylate (PMMA). The FGI-III was found to be 0.63 to 5.26 based on PMMA. The fire rating according to the FRI-IV, which is the fire rating index, was 0.05 to 6.12, and the western red cedar was 122.4 times higher than that of the maple. The fire risk rating according to the FRI-IV increased in the order of maple, ash, needle fir, PMMA and western red cedar. The CO peak concentration of all specimens was measured as 103 to 162 ppm, and it was 2.1 to 3.2 times higher than 50 ppm, the permissible exposure limits of the US occupational safety and health administration. Materials such as western red cedar, which have a low bulk density and contain a large amount of volatile organic substances, have a low FPI-III and a high FGI-III, so they have a high fire risk rating.

Management Approach Based on Quantitative Risk Assessment (정량적 리스크 평가를 기초로 한 경영관리)

  • Jung, Won
    • Journal of Applied Reliability
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    • v.8 no.4
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    • pp.167-179
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    • 2008
  • System risk is the totality of all safety risks to customers, employees, suppliers, and other third parties that arise due to system operations. To assess the risk of major hazards with the potential to cause fatality to the customers and other members of the public, quantitative risk assessment methodologies are used. This paper presents the general principles of risk based management approach to improve the safety of high risk systems such as aviation, railway, and nuclear power plants. For the suitable risk control arrangement, case studies of acceptable risk level, risk rating matrix, and safety management philosophy are presented.

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Rating of Fire Risk of Combustible Materials by the New Chung's Equation-IX (새로운 Chung's equation-IX에 의한 연소성 물질의 화재 위험성 등급 평가)

  • Yeong-Jin Chung;Eui Jin
    • Applied Chemistry for Engineering
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    • v.34 no.2
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    • pp.144-152
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    • 2023
  • To evaluate the fire risk of combustible materials, Chung's equations VII, VIII, and IX were newly established. The fire risk index-IX (FRI-IX) and fire risk rating (FRR) were calculated. Ginkgo, dawn redwood, toona, lime, walnut, and polymethylmethacrylate (PMMA) were selected as test specimens. The combustion characteristics were evaluated using a cone calorimeter according to ISO 5660-1. After combustion, the fire performance index-VII (FPI-VII) of the specimens, varied between 15.15 and 182.53 s2/kW, as determined by Chung's equations, and the fire growth index-VII (FGI-VII) varied between 0.0023 and 0.0165 kW/s2. The fire performance index-VIII (FPI-VIII) based on PMMA varied between 0.29 and 3.45, and the fire growth index-VIII (FGI-VIII) varied between 2.88 and 20.63. The FRI-IX, which is the fire risk rating, showed dawn redwood has a very high fire risk, with FRI-IX values of 71.14 (fire risk rating: G). Therefore, wood with a large amount of volatile organic compounds and a low bulk density showed a high value of FRI-IX by lowering FPI-VII and FPI-VIII and increasing FGI-VII and FGI-VIII.