• Journal of Venture Innovation
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• v.1 no.2
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• pp.35-46
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• 2018

The research on the efficiency analysis of domestic auto parts companies is mostly based on the calculation of the magnitude of the performance creation such as the sales amount compared to the input assets. However, the performance indicators such as sales, operating profit, and net profit are directly related to the cost structure and This cost structure is affected by changes in the firm's asset and capital structure. As a result, it is considered that efficient capital procurement needs to be done at the same time to create efficient management performance through proper investment. This study focuses on this point and attempts to measure the efficiency of procurement capital relative to the sales and other performance indicators generated by the first 33 suppliers who supply parts to Hyundai Kia Motors. Among the methods of evaluating efficiency, the DEA model based on the linear programming method is most widely used as a nonparametric method but The efficient frontier-based DEA model has the limitation that it can not use the variables that have a downward influence on the efficiency. This is inadequate to directly consider variables such as borrowings and total liabilities related to capital procurement. In this study, the efficiency of capital procurement was measured using Worst Practice DEA and the improvement direction of the capital procurement aspect of domestic auto parts companies was suggested

• Journal of Korean Society of Forest Science
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• v.102 no.4
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• pp.506-514
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• 2013

This study examined the feasibility on the construction of a wood industrialization service center for a wood industry cluster establishment in Jeollanam-do. Construction of the wood industrialization service center is based on a discount rate of 3.5%, an investment period of 4 years, a business operations period of 16 years and an investment cost of 24600 million won; the total amount of the net present value, the cost-benefit ratio and the internal rate of return were assumed to be 2.579 million won, 2.51%, and 10.1%, respectively. In addition, the production inducement coefficient, the induced production effect, the income-induced coefficient, the income inducement effect, the employment inducement coefficient, and the employment inducement effect were estimated 1.4345, 35287 million won, 0.1655, 4000.7 million won, and 0.4665, 1,145 people, in the effects of the wood related industries using the multi-regional input-output model, respectively. Financial independence of operating income to cover its own costs incurred in accordance with the operating project might be practicable.

• Archives of design research
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• v.19 no.5 s.67
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• pp.43-54
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• 2006

Creativity is an essential ability for a successful design task, mainly because design is an activity creating something new. As the sphere of design has expanded and become complex, the design task goes beyond an individual designer's capability. Therefore, it is necessary to organize a design team consisting of various team members with diverse expertises. The aim of this study is to find out the impact of fundamental attributes of members on the group creativity in order to establish a guideline for building a creative design team. Heterogeneous teams and homeogenous teams were created according to three main factors of group creativity namely, personality, field and experience. The group creativity of each team were evaluated through protocol analysis of design activities as well as the comparison of problem solving processes and outputs. It was identified that the impact of design teams on the group creativity was distinctively different in four phases of the design process (preparation, divergence, convergence, and execution) regarding creativity properties such as fluency, elaboration, originality, usefulness. Based on these findings, a schematic model for building a design team in order to enhance the group creativity by composing the most appropriate team members for each phases of the design process was developed.

• Environmental and Resource Economics Review
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• v.16 no.1
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• pp.129-169
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• 2007

The purpose of this study is to experiment and simulate the newly-updated Second Generation Model for Korea (SGM-Korea). With the updated model, we tried to simulate effect of carbon tax on $CO_2$ emissions and other macroeconomic variables for Korea. The baseline data are compared with projected profiles by various scenarios to evaluate its performance. Our contribution in this study is to having up-graded the model from its earlier version by building new hybrid input-output table based on 2000 input-output and energy balanced tables. According to our estimation, total $CO_2$ emission in Korea has already increased in 2000 to about 1.86 times the 1990 figure. The level of carbon tax required for the current level of $CO_2$ emission to be reduced to the 1995 or 2000 level seems to be too high for Korean economy to bear. It is possible to find a reasonable level of carbon tax, however, if it can combine it with improvement of energy efficiency at the rate of 0.5% to 1% per year. For Korea to meet its obligation to reduce $CO_2$ emissions, therefore, it is imperative for her to improve energy efficiency as well as to develop alternative energy source reducing its dependence on fossil fuel.

• Journal of the Korean Society for Railway
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• v.10 no.6
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• pp.701-708
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• 2007

A tilting train, which was developed to run the curve section without reducing the speed and compromising the riding quality, can improve the speed so as to reduce the travel time, compared to the existing trains. Then the force generated by the train operation to the track is in proportion to train operation speed, which means the track shall bear the increased force as much as the increase in train operation speed. Particularly, wheel load and lateral wheel load generated by train operation and distributed to the rail tend to cause the track to suffer the strain and furthermore the severe disaster such as derailment. To deal with such problem and ensure the train will run safety and stably, the tolerance in wheel load change, lateral wheel load and derailment coefficient was determined for quantitative evaluation of the train operation stability. In this study, derailment coefficient of inner and outer rail at existing curve section of tilting train was determined to evaluate the curve radius, possibility of acceleration and the need of rail improvement, which was then compared with the existing traditional train and high speed train. Conducting the quantitative evaluation of dynamic wheel load and lateral wheel load of each train, which was based on field survey, derailment coefficient and static & dynamic wheel load change, which serve the evaluation criteria of train operation stability, were determined for comparison with the standards, thereby analyzing the stability of the tilting train.

• Journal of Korea Water Resources Association
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• v.43 no.5
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• pp.495-505
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• 2010

The integrated basin-wide flood mitigation planning has a numerous individual proposals with different characteristics. So, it makes difficult to develop the optimal alternative that combines such elements. To develop the optimal alternative, it's necessary not only to assess the flood damage but also to define a tolerable degree of damage. Such a definition is made in a way, dubbed the 'social consensus' in a broad sense; but initially, it requires the analysis of the economic efficiency within a scope, which is technically achievable. This study aims to propose the alternatives development method so that the combination of the individual proposals could be economically efficient. To this end, this study defined the flood mitigation projects as the economic production activities carried out by inputs and outputs, and proposed the optimal project size as the principle of developing alternatives. This study may have the worth in improving the alternatives development method by considering the optimal project scale from the economic viewpoint while the existing method depending on engineering aspect. Such approach is expected to correspond to the current government's policy that avoids the passive flood mitigation focused on channel-wide planning but pursues the basin-wide flood mitigation planning focusing on damaged area, thereby provide efficient tools to come up with the solution.

• Journal of Korea Port Economic Association
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• v.26 no.3
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• pp.18-41
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• 2010

The purpose of this paper is to show the empirical measurement way for predicting the seaport efficiency by using Super SBM(Slack-based Measure) with Wilcoxson signed-rank test under CRS(constant returns to scale) condition for 20 Korean ports during 11 years(1997-2007) for 3 inputs(port investment amount, birthing capacity, and cargo handling capacity) and 5 outputs(Export and Import Quantity, Number of Ship Calls, Port Revenue, Customer Satisfaction Point for Port Service and Container Cargo Throughput). The main empirical results of this paper are as follows. First, Super SBM model has well reflected the real data according to the Wilcoxon signed rank test, because p values have exceeded the significance level. Second,Super-SBM has shown about 87% of predicting ratio for the ports efficiency and the optimal size of investment in domestic seaport. The policy implication to the Korean seaports and planner is that Korean seaports should introduce the new methods like Super-SBM method with Wilcoxon signed rank test for predicting the efficiency of port performance and the optimal size of investment as indicated by Panayides et al.(2009, pp.203-204).

• The Journal of The Korea Institute of Intelligent Transport Systems
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• v.10 no.2
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• pp.9-21
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• 2011

The ramp metering strategy is one of the effective ways to solve the freeway traffic congestion in peak time periods. The study was initiated with assurance that the traffic conditions of ramp and mainline that mitigate the congestion would exist. Under the moderate traffic volume levels, ramp metering is expected to improve the quality of freeway operation. To derive a range of traffic condition, three operation strategies(Do nothing, ramp metering, minimum ramp control) were set up and the ALINEA algorithm was implemented with microscopic traffic simulator "VISSIM". The volumes of mainline and ramp are key parameters for the simulation scenarios. Measures of effectiveness for the study include mainline density and average vehicle speed. Operation boundaries in terms of traffic volume were proposed for operating ramp metering strategy. The results show that under the proposed traffic conditions the ramp metering was more successful to increase average vehicle speeds. Traffic controls under the operation boundaries of traffic levels give significant effects for density and average vehicle speed. The outcomes of this study would be useful to improve the performance of ramp metering strategies.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.7 no.2
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• pp.19-24
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• 2012

This study clearly defined the idea of convergence of small and medium companies and convergence types and understood convergence case of small and medium companies for each type in order to help enhancement of competitiveness of small and medium companies. The convergence type of small and medium companies accepted two levels including technology and industry and value improvement and creation suggested by Deloitte(2009) and it was classified into technology improvement-market expansion type, technology improvement-market creation type, technology creation-market expansion type, and technology creation-market creation type based on the companies introduced in the excellent casebook of convergence and integration technology development business of small and medium companies(August 2011). As a result, it was shown as 5 cases of technology improvement-market expansion, 4 cases of technology improvement-market creation, 3 cases of technology creation-market expansion, and 1 case of technology creation-market creation among the total 13 cases. Therefore, small and medium companies are focusing on technology improvement than technology creation and market expansion than market creation. What we can understand through cases analysis on convergence types of small and medium company is that it is very difficult for small and medium companies to create new technology or new market through convergence. Thus, small and medium companies consider market expansion through technology improvement as the objective and result of convergence. It is important to create new technology or new industry to cultivate new growth engines of the nation, but policy support that cares about reality of small and medium companies must be considered at the same time.

• Journal of Korean Society of Forest Science
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• v.84 no.3
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• pp.333-342
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• 1995

A user - oriented computer model to aid designing forest road is developed to release the burden by increasing efficiency of time - consuming and laborious road design works. In this paper, the structures and functions of the model are discussed. The model consists of functional modules : 1)input module to treat survey data and design criteria ; 2)road design module to generate preliminary road layout, horizontal and vertical curvatures and curve widening ; 3)earthwork analysis module to determine the economic mass movement ; 4)report writer module to produce hard copies of engineering drawings for plan views, cross - sections and profiles, earthwork calculation sheets and mass movement diagrams. In addition, the report writer also provides the information on earthwork disturbance along the cut and - fill slopes. The modules are designed to be fully - integrated to enable the users to perform engineering analyses and evaluate design alternatives in a series of road - design procedures.