• Journal of KIISE:Software and Applications
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• v.33 no.3
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• pp.277-288
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• 2006

Product line engineering (PLE) is a new effective approach to software reuse, where applications are generated by instantiating a core asset which is a large-grained reuse unit. Hence, a core asset is a key element of PLE, and therefore the reusability of the core asset largely determines the success of PLE projects. A tore asset is a reusable part not a whole system, and supports not only variable functions but also common functions. However, there are limitations to evaluate reusability of core asset that has these unique characteristics. This paper proposes a comprehensive quality system for evaluating the reusability of core assets, based on ISO/IEC 9126. We first identify the key characteristics of core assets, and derive the set of quality attributes that characterizes the reusability of core assets. finally, we define metrics for each quality attribute. In addition, we provide guidelines for applying the metrics and perform a case study based on rental product line. Using the proposed quality system, reusability of core assets can be more effectively and correctly evaluated.

• Asia pacific journal of information systems
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• v.9 no.3
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• pp.177-194
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• 1999

Identifying knowledge as the single most important asset ultimately defining organizational competitiveness, enterprises are trying to move towards knowledge-oriented practices. Such practices have given rise to learning and agile organization, This paper presents applied information technologies to realize the learning and agile organization, focusing on systems thinking. Firstly, in order to establish a framework for the systems thinking, an information systems development method based on process chain is proposed. Then, an agent-based microworld simulation approach is presented. The approaches provide visible and analytical information to knowledge workers so that they can have systems thinking capabilities eventually. Various microworlds on the top of the information system can be constructed with agents and simulated for possible business events. All decision makings are dynamic in nature. To let knowledge workers look ahead the possible outcomes of the whole relevant processes is the core capability of the approaches. Through watching, the knowledge workers would be able to acquire new insights or problem solving knowledge for the problem in hand.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.1106-1113
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• 2022

Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

• Asia-Pacific Journal of Business
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• v.13 no.4
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• pp.45-59
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• 2022

Purpose - This study investigates the performance of investment strategies incorporating estimated stock market cycle based on a lead-lag relationship between business cycle and stock market cycle, thereby deriving empirical implications on risk management. Design/methodology/approach - The data period ranges from June 1953 to September 2022 and de-trended short rate, term spread, credit spread, stock market volatility are considered as major input variables to estimate business cycle and stock market cycle by applying probit model. Based on the estimated stock market cycle, two types of strategies are constructed and their performance relative to the benchmark is empirically examined. Findings Two types of strategies based on stock market cycle are considered: The first strategy is to long(short) on stocks when stock market stage is expected to be an expansion(a recession), and the second one is to long on stocks(bonds) when expecting an expansion(a recession). The empirical results show that the strategies based on stock market cycle outperforms a simple buy and hold strategy in both in-sample and out-of-sample investigation. Also the out-of-sample evidence suggests that the second strategy which is in line with asset allocation is more profitable than the first one. Research implications or Originality The strategies considered in this study are based on the estimated stock market cycle which only depends on a few easily available financial variables, thereby making easier to establish such a strategy. It implies that investors enhance investment performance by constructing a relatively simple trading strategies if they set their position on stocks or choose which asset class to buy conditioning on stock market cycle.

• Journal of Environmental Impact Assessment
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• v.26 no.5
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• pp.303-314
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• 2017

The purpose of this study was to determine domestic and foreign ecological asset research trends. We aimed to understand ecological assets research directions and trends by comprehensively analyzing 12 keywords, including those similar to keywords for comparable assets, to identify related fields and regions. Extensive analysis of domestic and foreign studies was conducted through keyword network analysis of textural information. This approach is helpful for understanding the flow of information and identifying research directions. Foreign studies based on sustainability were connected with 'Economic assessment', 'Management' and 'Policy' areas. It was difficult to determine domestic research trends because there are fewer domestic studies than foreign. There were studies that sought to identify economic value of developing regions. This research can be used to guide the research direction for future ecosystem asset analysis in Korea.

• Journal of Internet Computing and Services
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• v.18 no.6
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• pp.127-136
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• 2017

The strategy that using data collection from Netflix uses for its services is different from traditional human interaction and the communication, and it is represented by the systematic algorithm that rooted from intelligent information system based on the human interaction and communication. These characteristics allowed the study to reflect the influence of 'Asset specificity' which affects the continuous consumption of the media services of Netflix users through economic psychological analysis based on transactional cost economics. The result from the survey on actual Netflix users, three types of specificity (Space specificity, time specificity, relational specificity) reduced perceived searching cost whereas perceived instrumentality has increased, eventually reinforces the commitment to the service. This implies that the service characteristics of Netflix, trying to communicate with the individuals based on intelligent information system are distinct from the existing platform services and it gives the significance of work very effective for user's continuous consumption of the media services.

• Journal of Korean Society of societal Security
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• v.1 no.1
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• pp.63-67
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• 2008

This study focuses on assessing the security ri sk or the terrorism in chemical process industries. This research modifies conventional method for assessing the terrorism risk. The risk assessment method is developed and it is implemented as software to analyze the possibility of terrorism and sabotage. This program includes five steps; asset characterization, threat assessment, vulnerability analysis, risk assessment and new countermeasures. It is a systematic, risk based approach in which risk is a function of the severity of consequences of an undesired event, the likelihood of adversary attack, and the likelihood of adversary success in causing the undesired event. The reliability of the program is verified using a dock zone case. The case dock zone includes a storage farm, a manufacturing plant, an electrical supply utility, a hydrotreater unit, many containers, and administration buildings. This study represents chemical terrorism response technology, the prevention plan, and new countermeasure to mitigate by using risk assessment methods in the chemical industry and public sector. This study suggests an effective approach to the chemical terrorism response management.

• Journal of KIISE:Software and Applications
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• v.34 no.4
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• pp.328-341
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• 2007

When the decision to initiate a software product line has been taken, the first step is the domain analysis describing the variability in the requirements, the second important step is the definition of a domain architecture that captures the overall structure of a series of closely related products. A domain architecture can be a core asset in product line by describing the commonalities and variabilities of the products contained in the software product line. The variabilities, which are identified at each phase of the core assets development, are diverse in the level of abstraction. Therefore, it is important to clearly define, systematically identify, and explicitly represent variability at the architectural level. However, it is difficult to identify and represent the variability which should be considered at the architecture level, because these may be appeared in architecture elements and in architecture configuration. In this paper, we suggest a method of developing domain architecture as a core asset in product line where commonality and variability are explicitly considered. First of all, we will describe a domain architecture metamodel that can explicitly define commonality and variability concepts by extending the Object Management Group's ($OMG^{TM}$ Reusable Asset Specification eRAS) model. Using the domain architecture metamodel, architecture elements are defined and the variations that can be identified at the architecture level are classified into two types in according th abstract level. Additionally, we describe a domain architecture where commonality and variability are explicitly considered on basis of this metamodel.

• The Journal of Asian Finance, Economics and Business
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• v.4 no.4
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• pp.5-15
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• 2017

The Northern States of Malaysia comprises of four states (Penang, Kedah, Perlis and Perak) still record high poverty incidence eventhough Malaysia has experienced a remarkable reduction of poverty over the past century. Economic activities in Perlis and Kedah that are predominantly agriculture in the rural area contribute to this disparity. To add, rural households are also subject to risks and uncertainties that make them more vulnerable to poverty. This study examines the impact of risks and assets on households' vulnerability to poverty. A survey of 400 respondents was conducted in December 2015 in the northern region of Malaysia. From these 400 questionnaires, only 298 were considered valid and used in the analysis. Using a logistic probability function, the results indicated that risks are not a significant threat to households. Gender and strata are crucial elements that significantly determine households' vulnerability. While human capital and financial capital significantly reduce households' vulnerability to poverty, physical and natural capitals were not statistically significant. The study suggests that the government and practitioners design strategies and policies with an assets-based approach. The asset-based approach is more appropriate for linking the causes of poverty to vulnerability.

• Journal of Families and Better Life
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• v.14 no.2
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• pp.111-126
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• 1996

Debt was defined as all kinds of borrowings made by families in including credit card debt. The purpose of the study was to investigate the effects of family debt management on financial satisfaction. A model of debt management and financial satisfaction was developed based on the Deacon-Firebaugh's systems approach to family resource management and the variables comprising input throughput and output were based on the theoretical background asnd previous researches. Data were collected from 763 households' money managers residing in Seoul during Summer of 1995 and the statistical methods utilized included correlation coefficient multiple regression and path analyses. It was responded about 82% of the households had been indebted indicating the use of debt being a general way of living in this society. The results showed that financial satisfaction lowered with larger amount of monthly debt payment and with their uncertiainty regarding their capability to repay debt. The input which exerted direct effects on financial satisfaction were income asset financial expectations and family life cycle. And consumption demand on debt and easiness in extending credit had strong indirect effects on financial satisfaction via the throughput variables. The most powerful predictor of financial satisfaction via the throughput variables. The most powerful predictor of financial satisfaction was perceived difficulty in managing debt which was the instrumental output.