The steel pipe manufacturing industry deals with facilities and materials. Especially thermal facilities are close to vapor cloud explosion (VCE) and may cause secondary damage to facilities because they deal with corrosive substances such as hydrofluoric acid, sulfuric acid and acid, fire, explosion, leakage etc. It is in danger. In this study, hazard identification method was conducted using HAZOP techniques and quantitative risk analysis was conducted using e-CA, a program that supports accident impact analysis. Equipment in the influence range of ERPG - 3 was determined to be a facility requiring replacement. It was decided that neutralization is necessary using slaked lime. Based on the cost of loss, We presented the proper replacement which is the timing of the dangerous facility. As a result, It was ideal to replace the facilities with 20 years of heat treatment facilities, one year of hydrofluoric acid storage tank, 20 years of sulfuric acid storage tank, and 5 years of hydrochloric acid storage tank.

This study is intended to evaluate a risk of overseas construction companies. To achieve this, a survey was empirically carried out to overseas construction site experts. The results were as follows. The relative importance of parent factors showed that‘social culture’(0.157) was the highest, followed by ‘institutional regulation’(0.150),‘environment’(0.145),‘productivity’ (0.142),‘economic finance’(0.137),‘market condition’(0.136) and‘political policy’(0.133). As for the above-mentioned findings, the most important risk factor in overseas construction was social culture of entry countries, followed by construction-related legal system. All construction companies, contractors and design companies said that social culture was the most important parent factor, varying from construction industry. And they said that workforce availability was also the most important in the importance of sub-factors, followed by conflict due to the differences in lifestyle. Consequently, it is important to manage risk for socio-cultural factors in overseas construction, risk for double workforce, and risk for the differences in thinking or lifestyle by the participation of multinational workforce.

Recently, the breakdown of online banking servers and the leakage of customer information give rise to much concern about the security of information systems in financial and banking companies in Korea. The enforcement of security for information system becomes much more important issue than earlier. However, the security reinforcement of information system is restricted by a budget. In addition, the activities' cost to secure information system from threatening are under uncertain circumstances and should be established by a human decision maker who is basically uncertain and vague. Thus, making the budget for information system is exposed to any extent of the risk for these reasons. First, we introduce brief fuzzy set theory and fuzzy AHP (Analytic Hierarchy Process) methodology. Then, the cost elements that comprise yearly budget are presented and the priorities among the cost elements are calculated by fuzzy AHP. The cost elements that are exposed to risk are evaluated from the both perspectives of the risk impact and risk occurrence possibility which are expressed as linguistic terms. To get information on the risk profiles-pessimistic, most likely, and optimistic-for each cost element, the evaluation is accomplished and the result is presented. At last, the budget ranges-minimum, mode, maximum-for each cost element are estimated with the consideration of the risk profiles.

We gathered exposure data on indoor air pollution, and investigated the dose-response slope factor for indoor air pollutants, such as volatile organic compounds, aldehydes and radon. Population cancer risks (that is the theoretical cancer deaths) were estimated from exposure to the pollutants. In addition, the damage costs, due to their risks, were estimated using WTP (willingness to pay) and VSL (value of a statistical life), which were investigated by a dichotomous contingent valuation method (DCVM). As a priority for human health risks and damage costs, management strategies are required for both radon and formaldehyde as indoor air pollutants. When the numeric results of human risks and damage costs are applied for other purposes, some assumptions and uncertainties have to be considered to use the results as useful screening tools for the administration of practical risk-based priorities.

The quantitative evaluation method of the safety management cost was suggested to prevent a gas accident as a major industrial accident. In a gas governor station, process risk assessments such as the fault tree analysis(FTA) and the consequence analysis were performed. Based on process risk assessments, potential accident costs were estimated and the cost-benefit analysis(CBA) was performed. From the cost-benefit analysis for five classification items of safety management cost, the order of the cost/benefit ratio was estimated.

This study examines simultaneous relationships between regulatory capital, risk, and cost-inefficiency for a sample of 30 commercial banks in Bangladesh from 2006 to 2018. To conduct the analysis, we used the Generalized Methods of Moments (GMM) in an unbalanced panel data framework. The empirical results show that there is a negative and significant relationship between capital regulation and credit, and overall risk. It is also evident from the results that the capital adequacy ratio is positively and significantly related to default risk and liquidity risk. Therefore, higher capitalized banks take an effort to prevent more credit risk and promote financial stability by reducing liquidity risk. Results also report that banks have been characterized as inefficient, less capitalized, and high risk. On the other hand, efficient banks are more stable but have a high level of liquidity risk. Besides, from the size of the bank, large banks are defined as having lower regulatory capital, are more risk seekers but stable with higher cost-efficiency. Notably, higher capitalized banks are more profitable and cost-efficient by reducing risk. Finally, this study also provides some insightful policy suggestions to the stakeholders.

This paper estimates the optimum level of reserves in Vietnam based on the approach of reserves’ cost-benefit and sovereign risk which is one of developing countries’ characteristics. The cost of reserves is the opportunity cost when holding reserves. The benefit of reserves is the loss due to country’s default in case that there is no reserves to finance external debt payment. The optimum reserves is found out by minimizing the total of opportunity cost and loss due to country’s default with the probability of default. Through the usage of HP Filter method for calculating the loss due to country’s default, ARDL regression for the risk premium model and lending rate of VND as proxy for opportunity cost together with the Vietnamese economic data in the period of 2005 – 2017, the empirical results show that the optimum reserves in Vietnam is almost higher than the actual reserves during the research period except the point of Q3/2008 and the last point of research period - Q4/2017. Therefore, Vietnam should continue to increase reserves for safety but Vietnam does not need pushing quickly the speed of increasing reserves. In addition, controlling Vietnamese optimum reserves is necessary to help the actual reserves become reasonable.

항로표지는 해상교통의 안전을 도모하고 선박운항 능률 향상을 위하여 설치된 해양교통안전시설 중 하나이다. 그러나 선박충돌 또는 기상악화 등의 원인으로 발생하는 항로표지의 사고로 인하여 제 기능을 상실 하였을 경우, 선박운항자를 비롯한 여러 이용자에게 이용불편 또는 항행위험을 증가시키고 있다. 특히 우리나라 최대 컨테이너항만인 부산항은 최근 12년(2006년~2017)동안 총400건의 항로표지 사고가 발생하였으며, 이로 인하여 평균 20.6일의 복구기간이 소요됨에 따라 항로표지 이용자들에게 해양안전 불안을 가중시키고 있다. 따라서 연구의 목적은 우리나라 항로표지 사고예방과 효율적인 관리방안을 적극적으로 추진하기 위한 이용자들의 정량적 지지도를 제시하고자 한다. 이를 위해 부산항 해역이용자들을 대상으로 항로표지 및 항로표지 사고에 대한 인식조사를 실시하고, 효율적 항로표지 관리방안의 추진을 통한 항행위험 감소에 대한 경제적 가치를 추정하였다. 연구의 결과, 비시장재화인 환경재나 공공재의 대표적인 가치추정법인 조건부가치추정법을 이용하여 추정된 부산항 항로표지 서비스에 대하여 이용자들이 부여한 경제적 가치는 최소 약 160억원으로 나타났다. 따라서 이러한 연구결과는, 항로표지 관리자 및 정책입안자들에게 부산항을 비롯한 우리나라 항로표지 서비스에 대한 다양한 이용자의 요구사항을 확인하고, 이에 대응하는 보다 효율적인 관리방안의 수립과 추진에 유용한 자료로 활용될 수 있을 것이다.

본 연구는 도시 우수관망 설계 시 주어진 설계유량을 효율적이고 경제적인 단면 구성과 관망에 따른 우수배제 능력을 극대화시키기 위해 최적화 기법인 동적계획법(Dynamic Programming : DP)의 특수한 방법인 이산미분형 동적계획법(Discrete Differential Dynamic programming DDDP)를 이용해 최적화된 설계조건을 구할 수 있도록 하였다. 이산미분형 동적계획법의 기법은 설계유량과 맨홀의 위치가 결정되면 그에 따른 최

본 연구는 도시 우수관망 설계 시 주어진 설계유랑을 효율적이고 경제적인 단면 구성과 관망에 따른 우수배제능력을 극대화시키기 위해 최적화된 설계를 통하여 경제적인 우수시스템을 설계할 수 있는 모형의 개발이 이루어져야 할 필요성이 있다. 이에 본 연구에서는 최적화 기법으로 동적계획법(Dynamic Programming : DP)의 특수한 방법인 이산미분형 동적계획법(Discrete Differential Dynamic Programming : DDDP)를