• Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
• /
• 2003.10a
• /
• pp.5-11
• /
• 2003

This paper present a review of trends in world energy demand and a close outlook over the offshore market, especially in deepwater developments. The market requirements, characteristics and risks involved in the contract type of offshore projects are explained, followed by the strategic approaches of Korean main yards along with, the HHI's development and introduction of innovative construction methodologies to be a competitive contractor.

• Journal of Information Technology Services
• /
• v.12 no.3
• /
• pp.165-178
• /
• 2013

The interest in economics and efficiency of IT investment is growing as the amount of overall governmental IT investment steadily increase. Accordingly, there is a strong need to determine whether the expenditure incurs effectively for IT investment and to accurately analyze the economics of IT investment, In this perspective, this study discusses the prior researches on concepts regarding the analysis of IT investment management framework as proposed from academic and professional perspectives in advanced countries' government sectors. Thereafter, an adoption of IT investment management (ITIM) framework has been considered so as to enhance the performance of ICT initiative projects in the public sector. In the suggested IT investment management framework, we suggest economics and efficiency of public IT investment should be improved by integrating ICT project selection and control as well as evaluation stage into single governance framework.

• Electronics and Telecommunications Trends
• /
• v.28 no.6
• /
• pp.13-27
• /
• 2013

SDN(Software Defined Network) 기술이 미국을 중심으로 먼저 출발하였으며 NFV(Network Function Virtualization) 기술은 유럽을 중심으로 한 SDN의 경쟁적인 기술로 초기에는 인식이 되었으나, 두 기술의 상호 시너지 효과를 고려하여 2013년 하반기부터는 다양한 형태의 협력 방안들이 표준단체, 산업체 및 캐리어들로부터 소개되고 있다. 두 기술이 지향하는 가장 큰 목표는 하드웨어의 의존성을 배제하고 네트워크 및 서비스를 추상화함으로써 캐리어들이 신규 서비스를 Time-to-Market에 맞게 그러면서도 유연하게 출시하고 제어 및 관리를 중앙집중 방식으로 제공하여 CAPEX(Capital Expenditure) & OPEX(Operating Expense)를 최소화 하는데 있다. 본고에서는 이 두 기술의 표준화 및 기술 동향, 그리고 아직은 태동기인 두 기술이 지향하는 다양한 Use Case들과 적용사례를 캐리어 환경 중심으로 살펴보고 향후 상용화 및 산업화에 대한 장 단기 발전 전망에 대해 기술 중심으로 예측해 본다.

• Journal of Information Technology Applications and Management
• /
• v.23 no.4
• /
• pp.83-100
• /
• 2016

In this paper, we present the DEA (Data Envelopment Analysis) application case study to investigate the regionally distinctive telco management characteristics of the Asia-Pacific countries. This study attempts to exploit the implications of DEA for the assessments of core process capabilities of telcos. Accordingly, we extract input variables of CAPEX (capital expenditure), operating expense, marketing expense, and number of employees, each to reflect the competitiveness of the core processes such as fixed asset utilization, operation & sales efficiency, and white collar productivity. In conjunction with the input variables, the output variables are chosen as EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization), ARPU (Average Revenue per User), and number of subscribers. The computational testing results, conducted with total 37 telcos of the 12 Asia-Pacific countries, are analyzed in various ways to understand the distinctive performance characteristics across the region. The managerial implication captured from this study provides useful insight for using DEA as the international telco management purpose.

• Proceedings of the KIEE Conference
• /
• 2004.07d
• /
• pp.2461-2464
• /
• 2004

Recently, research about optimizing network of IBS(Intelligent Building System) is in progress activity. When we install existent building control network using general PC, system's efficiency drops. Because server that is charged with the task process is not and is expensive. Also, CapEx(Capital Expenditure) rises because of setting up the network equipment to integrate different protocol in building system. In this paper, we suggests the embedded web server that has various network structure.

• Journal of the Korean Regional Science Association
• /
• v.8 no.1
• /
• pp.51-66
• /
• 1992

This paper analyzes: (1) the effects of the population growth in the regions in which the campuses are located (2) the economic effects (3) the social and cultural effects 94) the linkage effects between university and regional community. It is found that the campuses have various effects on the regional community through the human capitals, economic and cultural factors, and educational program. In particular local campuses have substantial impacts on regional economy. Two local campuses have been found to have more regional income effects than manufacturing and service industries do. Thus, it is necessary that the growth of linkage mechanism with universities and induced consumption expenditure by universities should be constructed in the region having local campuses. In order to increase these effects on regional development, much attention should be given to the regional development aspect from university authorities, students, professors, and residents. Also from the national policy point associated with material-moving policy and capital mobility policy in relation to the universities should be estabilished.

• IE interfaces
• /
• v.16 no.spc
• /
• pp.7-13
• /
• 2003

This paper is concerned with a six sigma green belt training program. Comparative studies of existing training programs for three major companies (Samsung Electronics Company, Hyundai Motor Company, and LG Chemical Ltd.) and two consulting firms (Korean Standards Association and Korea Management Association) are made. Based on the comparative studies, a new green belt training program is proposed. The main focus of this program is on manufacturing, specially on cost and waste reductions, yield improvement, and operations with opportunity to improve capacity without major capital expenditure. The green belts take up to 4 or 5 days of intensive, highly quantitative training, roughly corresponding to the five macro phases of the six sigma methodology: define, measure, analyze, improve, and control. The six sigma tool sets for each phase are also specified.

• Korean Journal of Rural Living Science
• /
• v.9 no.1
• /
• pp.43-54
• /
• 1998

This study attempted to investigate the factors affecting financial status of the rural middle-aged and old-aged household. The results shelved that the significant variables which influenced on the probability of financial security measured by consumption to income ratio were sex and education level of the household head, family size, total income, total expenditure and total assets. The most influential variables on the probability of financial security measured by liquidity ratio was liquid assets, and total assets. Education level of the household head. liquid assets, total assets, and total debt had significant effects on the probability of financial security estimated by debt burden ratio. Among the economic variables, only liquid asset had significant negative effects on the probability of financial security assessed by the capital stock ratio.

• IE interfaces
• /
• v.13 no.2
• /
• pp.217-224
• /
• 2000

This paper analyzes the effects of setup cost reduction in a dynamic lot-sizing model for a single-facility multi-product problem. In the model, demands for each product are known, no backlogging is allowed, and a single resource is employed. Also, setup cost is defined as a function of capital expenditure to invest in setup cost reduction. Furthermore, in each production period the facility (or plant) produces many products, each representing a fixed part of the involved production activity (or input resource quantity). In this paper, the structure of the optimal solution is characterized and an efficient algorithm is proposed for simultaneously determining the optimal lot size with reduced setup cost and the optimal investment in setup cost reduction. Also, the proposed algorithm is illustrated by a numerical example with a linear and an exponential setup reduction functions.

• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.6
• /
• pp.175-181
• /
• 2022

Malmendier and Tate (2005) and Aktas et al. (2019) suggested that overconfident managers will invest if they have sufficient internal funds. Still, they will save internal funds instead of reducing investment if they have insufficient internal funds because they perceive more substantial financial constraints than other managers. This study examines whether overconfident managers will not invest when the financial crisis makes it difficult to raise external funds. In particular, during the financial crisis in Japan, banks simultaneously provided active monitoring and financing to firms with strong relationships with banks. Therefore, this study can also examine the relationship between overconfident managers and bank behavior by focusing on Japanese firms. This study examines whether overconfident managers increase their investment in firms with strong relationships with banks during the financial crisis. The results of this study showed that overconfident managers, especially their firms with strong relationships with banks, reduce investments more than other managers during the financial crisis. This study suggests that Japanese banks reduced financial constraints and exerted strong corporate governance on Japanese firms during the financial crisis.