• Title/Summary/Keyword: Contingency Approach

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The Effect of QM Activities on the Management Results of Small and Medium sized Enterprises in South Korea (품질경영활동이 중소기업 경영성과에 미치는 영향)

  • Jung, S.I.;Kwon, J.H.;Oh, H.S.;Lee, S.J.;Cho, J.H.
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.2
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    • pp.133-140
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    • 2018
  • In this study, a correlation between execution of quality management activities and their results was verified by applying the Malcolm Baldrige model (hereafter referred to as the MB model) as a quality management performance measurement indicator for small and medium enterprises (SMEs) in South Korea. To achieve this goal, we need to determine whether the categorical requirements in the MB model are recognized consistently in SMEs, as a prerequisite. To this end, factor analysis was conducted for measurement variables in each category, which revealed that the process indicator was made up of six factors and the outcome indicator was made up of five factors, like those configured in the MB model. This result can be interpreted to mean that the requirements in each category of the MB model were well produced and recognized consistently throughout SMEs in South Korea. In addition, the analysis of causality between the process indicator (quality management activities) and the outcome indicator (management results) showed high causality between them. Although the quality management levels of SMEs in South Korea are inferior to those of conglomerates or other national quality award-winning companies, this study is significant in that the causality between quality management activities and results was verified, since this study targeted SMEs in South Korea as the target of investigation. Thus, it is empirically proven that the MB model can contribute to improved management results for SMEs in Korea.

Model selection method for categorical data with non-response (무응답을 가지고 있는 범주형 자료에 대한 모형 선택 방법)

  • Yoon, Yong-Hwa;Choi, Bo-Seung
    • Journal of the Korean Data and Information Science Society
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    • v.23 no.4
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    • pp.627-641
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    • 2012
  • We consider a model estimation and model selection methods for the multi-way contingency table data with non-response or missing values. We also consider hierarchical Bayesian model in order to handle a boundary solution problem that can happen in the maximum likelihood estimation under non-ignorable non-response model and we deal with a model selection method to find the best model for the data. We utilized Bayes factors to handle model selection problem under Bayesian approach. We applied proposed method to the pre-election survey for the 2004 Korean National Assembly race. As a result, we got the non-ignorable non-response model was favored and the variable of voting intention was most suitable.

Uncertainty Requirement Analysis for the Orbit, Attitude, and Burn Performance of the 1st Lunar Orbit Insertion Maneuver

  • Song, Young-Joo;Bae, Jonghee;Kim, Young-Rok;Kim, Bang-Yeop
    • Journal of Astronomy and Space Sciences
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    • v.33 no.4
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    • pp.323-333
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    • 2016
  • In this study, the uncertainty requirements for orbit, attitude, and burn performance were estimated and analyzed for the execution of the $1^{st}$ lunar orbit insertion (LOI) maneuver of the Korea Pathfinder Lunar Orbiter (KPLO) mission. During the early design phase of the system, associate analysis is an essential design factor as the $1^{st}$ LOI maneuver is the largest burn that utilizes the onboard propulsion system; the success of the lunar capture is directly affected by the performance achieved. For the analysis, the spacecraft is assumed to have already approached the periselene with a hyperbolic arrival trajectory around the moon. In addition, diverse arrival conditions and mission constraints were considered, such as varying periselene approach velocity, altitude, and orbital period of the capture orbit after execution of the $1^{st}$ LOI maneuver. The current analysis assumed an impulsive LOI maneuver, and two-body equations of motion were adapted to simplify the problem for a preliminary analysis. Monte Carlo simulations were performed for the statistical analysis to analyze diverse uncertainties that might arise at the moment when the maneuver is executed. As a result, three major requirements were analyzed and estimated for the early design phase. First, the minimum requirements were estimated for the burn performance to be captured around the moon. Second, the requirements for orbit, attitude, and maneuver burn performances were simultaneously estimated and analyzed to maintain the $1^{st}$ elliptical orbit achieved around the moon within the specified orbital period. Finally, the dispersion requirements on the B-plane aiming at target points to meet the target insertion goal were analyzed and can be utilized as reference target guidelines for a mid-course correction (MCC) maneuver during the transfer. More detailed system requirements for the KPLO mission, particularly for the spacecraft bus itself and for the flight dynamics subsystem at the ground control center, are expected to be prepared and established based on the current results, including a contingency trajectory design plan.

A Preliminary Study on a Method for the Weight Estimation and Calculation of Offshore EPC Projects (해양 공사 EPC 견적용 중량 추산 방법에 관한 기초 연구)

  • Lee, Soo-Ho;Ahn, Hyun-Sik;Heo, Yoon;Bae, Jae-Ryu;Kim, Ki-Su;Ham, Seung-Ho;Lee, Sung-Min;Roh, Myung-Il
    • Journal of the Society of Naval Architects of Korea
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    • v.53 no.2
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    • pp.154-161
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    • 2016
  • There are several existing studies for the weight estimation of offshore plants. However, most of them were applicable at the pre-FEED (Front End Engineering Design) stage. In this paper, a preliminary study on a method for the weight estimation and calculation of offshore EPC (Engineering Procurement Construction) projects is made for the use at the estimation stage after FEED. Based on literature surveys including ISO (International Organization for Standardization) 19901-5 about weight estimation, we proposes new weight factors and a weight curve. Weight factors defined in this study include MTO (Material Take-Off), estimated weight, FEED maturity factor, allowance factor, and contingency factor. The proposed method utilizes bottom-up approach for weight estimation and it can be used for the weight estimation and calculation of offshore EPC projects at the estimation stage.

A Review of the Application of Constructed Wetlands as Stormwater Treatment Systems

  • Reyes, Nash Jett;Geronimo, Franz Kevin;Guerra, Heidi;Jeon, Minsu;Kim, Lee-Hyung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2022.05a
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    • pp.162-162
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    • 2022
  • Stormwater management is an essential component of land-use planning and development. Due to the additional challenges posed by climate change and urbanization, various stormwater management schemes have been developed to limit flood damages and ease water quality concerns. Nature-based solutions (NBS) are increasingly used as cost-effective measures to manage stormwater runoff from various land uses. Specifically, constructed wetlands were already considered as socially acceptable green stormwater infrastructures that are widely used in different countries. There is a large collection of published literature regarding the effectiveness or efficiency of constructed wetlands in treating stormwater runoff; however, metadata analyses using bibliographic information are very limited or seldomly explored. This study was conducted to determine the trends of publication regarding stormwater treatment wetlands using a bibliometric analysis approach. Moreover, the research productivity of various countries, authors, and institutions were also identified in the study. The Web of Science (WoS) database was utilized to retrieve bibliographic information. The keywords ("constructed wetland*" OR "treatment wetland*" OR "engineered wetland*" OR "artificial wetland*") AND ("stormwater*" or "storm water*") were used to retrieve pertinent information on stormwater treatment wetlands-related publication from 1990 up to 2021. The network map of keyword co-occurrence map was generated through the VOSviewer software and the contingency matrices were obtained using the Cortext platform (www.cortext.net). The results obtained from this inquiry revealed the areas of research that have been adequately explored by past studies. Furthermore, the extensive collection of published scientific literature enabled the identification of existing knowledge gaps in the field of stormwater treatment wetlands.

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Risk-Based Performance Evaluation and Prediction Tool by Characterizing Construction Projects in Pre-Project Planning (초기 단계 프로젝트 특성을 고려한 리스크 평가 및 예측 툴 개발)

  • Shin, Kang-Yong;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.5
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    • pp.168-175
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    • 2008
  • Project risk factors are major triggers in cost performance in construction projects. Both owners and contractors are highly concerned in managing their risks in earlier times. As such, it is needed to provide a robust risk evaluation methodology in identifying and assessing the potential risks before project execution. In previous research, risk identification was conducted only in specific phases, i. e., design, procurement, construction. Therefore, the comprehensive approach in risk management was limited and their quantifying method was not well-defined. Since the benefit of planning in earlier times are maximized compared to later times, the risk management should be implemented in earlier planning stage. This study provide a new risk evaluation method by incorporating previous research and extensive literature review. By quantifying each risk factor from an extensive industry survey, the proposed tool can enhance the reliability of each factor weight and also the weights are categorized from a various perspectives, i.e., owners, contractors, lager-scale company, smaller-scale company, building projects. The proposed tool can be also useful in deciding on whether to proceed a particular project and How much the project contingency would be set aside in project execution. The study findings can also expedite the risk management procedure in a more systematic approach.

Innovation Strategy For New Product Development Process by Indicative Planning & QM Tools (유도계획과 QM 도구들을 활용한 신제품 개발과정의 혁신 전략)

  • Ryu, Ji-Hyun;Jung, Tae Wook;Song, In-Cheol;Oh, Hyun-Seung;Lee, Sae-Jae;Cho, Jin-Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.78-86
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    • 2017
  • The new businesses started by the companies usually results in being unsuccessful. The main reasons for that are either aiming targeting wrong customers, unsatisfaction of customers' requesting quality standards, or taking wrong actions against the competitors in the market. Therefore, companies should aim the targets for the newly developing products based on the fulfilling values for the customers when they start the new businesses, and should take good cares for risk managements at the each step of the new business to prevent the failure in advance. In addition to that, the companies starting new businesses not only need to take the customers attributes (CA) into account, but they also should apply the new technologies as one system to initiate a new business to satisfy the basic wants of the customers. This article suggests the New Product Development Pursuing Model using the Indicative Planning methodology and the Quality Management tools. The New Product Development Pursuing Model would be completed by the following steps as below; 1. Drawing the CTQ (Critical To Quality) for setting up the new product development objectives by : i) using the VOC (Voice Of Customers) obtained by the QFD (Quality Function Deploypment) if the market is mature, ii) applying AHP (Analytic Hierarchy Process) to information in the QIS (Quality Information System) if the market is unmature to get enough need information of the customers. 2. Risk Management in NPD : The NPD pursuing model consisted of the IP (indicative planning) is suggested not by the process of top-down-way mandatory planning process, but by the tools used in the administrative science and economic fields, namely by governance. The companies could apply innovative methodology for new products development processes to fulfil the customers satisfaction in the fields, through the CA (Contingency Approach) of the NPD (New Product Development) process.

A Study on the Improvement of Survival Rate of the Passengers and Crews according to FDS Analysis (FDS 분석을 통한 승객 및 선원 생존율 향상에 대한 연구)

  • Kim, Won Ouk;Kim, Jong Su;Park, Woe Chul
    • Journal of Advanced Marine Engineering and Technology
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    • v.39 no.3
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    • pp.312-317
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    • 2015
  • Seafarers can confront to evacuate from the ship with many reasons such as collision, grounding and fire accident. It believes that evacuation time from ship is very important element in order to increase survival rate in the contingency circumstance, however narrow and complex structure of ship is one of obstacle element against prompt evacuation. Taking into consideration the unique structure of ship compared to the structure of other facilities, speed of fire propagation on board ship is faster than the same size of other type facilities. Therefore, measures to prompt evacuation are required. But it comes with the behavioral constraints of the crews and passengers of the nature of operating in a complex structure with narrow vessels. Therefore, in this study, we propose a formula to be analyzed by theoretical approach and simulation methods to improve the survival rate for the crew and passenger of the ship through the ship's structural modification. We analyzed the temperature rise and visibility which are the most influential effects on the life safety in the event of fire by using a three-dimensional analysis of sight-only program Fire Dynamic Simulator (FDS) as analytical tools.

Effective Mentoring Platform Alternative to lead a Successful Startup: In the Center of Hanbat Innopolis Campus Program (성공창업 실현 지원을 위한 효과적인 멘토링 플랫폼 구축방안: 한밭대 이노폴리스캠퍼스 육성사업을 중심으로)

  • Yang, Youngseok;Kim, Myungsuk
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.6
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    • pp.143-152
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    • 2016
  • Mentoring program for startup is recognized as one of the most preferred alternative of helping would-be entrepreneur. In recent, this concessions leads the skyrocketed increase of mentoring program. However, lots of doubt falls on the effects of mentoring for startup. This paper is presenting Hanbat Innopolis program, which is evaluated the best practice case of mentoring ending up with seed investment for the last 5 years, including overview, structure, organization, and process. This program suggest the core elements of platform as fully involved mentor group joining with coach, functional experts in contingency, and operation group. It also require more problem solving based system approach as to operation, more qualified coach and problem solving process in mentoring system as to structure, delivering missions of defining problem of startup, setting milestones for its solution, and benchmarks in each phase as to process. This paper deliver the best practice case getting through the full process of Hanbat Innopolis Campus program, recognized ad the prototype of best mentoring program and on step forward, suggest the future direction of the effective mentoring program.

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The Production of Riskscapes in the Korean Developmental State: A Perspective from East Asia (동아시아 맥락에서 바라본 한국에서의 위험경관의 생산)

  • Hwang, Jin-Tae
    • Journal of the Korean Geographical Society
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    • v.51 no.2
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    • pp.283-303
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    • 2016
  • The concept of a risk society, which was originally suggested by German sociologist Ulrich Beck, is insufficient to reveal how a certain risk materially and discursively unfolds on the ground and how its various dynamics are recognised by diverse actors because of the concept's spatial insensitivity. As an alternative approach, this paper introduces the concept of the riskscape, which was suggested by German geographer Detlef $M{\ddot{u}}ller$-Mahn, and analyses this concept in the context of the East Asian developmental state. It is meaningful that the East Asian developmental state thesis has strongly promoted the role of the state in stimulating national economic development in underdeveloped countries. However, it should also be noted that an active state role in encouraging modernisation and economic growth within a very short time produces consequences of what Beck calls 'manufactured risks', such as nuclear power plants. Therefore, it is essential to analyse the state in comprehending modernisation and the risk society in East Asia. More specifically, using the case of the location policy for nuclear power facilities, this article reveals how dominant social forces acting in and through the state constructed a national riskscape that minimises the gravity of local risks while prioritising the economic value of the national economy over local risks to produce rapid modernisation. Additionally, it is argued that a dominant national riskscape may become weak from competing with different riskscapes that are constructed based on contingency factors (e.g., political democratisation or a natural disaster). Based on these analyses, the article emphasises that interdisciplinary research using the concept of the riskscape is required to better explain the risks in East Asia.

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