• Korean Journal of Construction Engineering and Management
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• v.17 no.3
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• pp.61-70
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• 2016

Construction enterprises have performed various projects such as buildings, infrastructure and plant projects in the international market. Among these, the plant project's amount of orders accounted for about 68.9% of all. However, because of the enterprises won a contract with a low-budget for plant project in the last 10 years, the profit has dropped dramatically. And it is forecasted that there are extreme competition for bid award of plant projects because of the current falling oil prices and raising interest rates. In this circumstance, the comprehending of enterprises strength and weakness must be a priority to get a sustainable competitive advantage. Therefore this research suggests the enterprises's capability assessment framework and it is in order to diagnose the korean construction enterprises capabilities. The framework is based on the VRIO model that is on the basis of resource based theory. First, the capability assessment indices and their importance and priority that based on the life-cycle of plant project is deducted by literature review and survey. Second, the 5 point likert score applied VRIO survey is conducted to diagnose the enterprises and quantified the survey result using the fuzzy theory. Lastly, the competitvie implication and capability assessment are deducted.

• The Korean Journal of Applied Statistics
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• v.27 no.1
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• pp.71-87
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• 2014

The Bayes premium or the net premium in the credibility theory does not reflect the underlying tail risk. In this study we examine how the tail risk measures can be utilized in determining the risk premium. First, we show that the risk measures can not only provide the proper risk loading, but also allow the insurer to avoid the wrong decision made with the Bayesian premium alone. Second, it is illustrated that the rank of the tail thickness among different conditional loss distributions does not preserve for the corresponding predictive distributions, even if they share the identical prior variable. The implication of this result is that the risk loading for a contract should be based on the risk measure of the predictive loss distribution not the conditional one.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.137-146
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• 2016

In recent years, business environment is faced with multi uncertainty that have not been suffered in the past. As supply chain is getting expanded and longer, the flow of information, material and production is also being complicated. It is well known that development service industry using application software has various uncertainty in random events such as supply and demand fluctuation of developer's capcity, project effective date after winning a contract, manpower cost (or revenue), subcontract cost (or purchase), and overrun due to developer's skill-level. This study intends to social contribution through attempts to optimize enterprise's goal by supply chain management platform to balance demand and supply and stochastic programming which is basically applied in order to solve uncertainty considering economical and operational risk at solution supplier. In Particular, this study emphasizes to determine allocation of internal and external manpower of developers using S&OP (Sales & Operations Planning) as monthly resource input has constraint on resource's capability that shared in industry or task. This study is to verify how Stochastic Programming such as Markowitz's MV (Mean Variance) model or 2-Stage Recourse Model is flexible and efficient than Deterministic Programming in software enterprise field by experiment with process and data from service industry which is manufacturing software and performing projects. In addition, this study is also to analysis how profit and labor input plan according to scope of uncertainty is changed based on Pareto Optimal, then lastly it is to enumerate limitation of the study extracted drawback which can be happened in real business environment and to contribute direction in future research considering another applicable methodology.

• Journal of the Korea Organic Resources Recycling Association
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• v.8 no.2
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• pp.114-123
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• 2000

The aim of this study is to provide basic concept for recycling-industrial park, such as necessity of recycling industry, role of park, construction scheme, etc, in metropolitan area. For this study, questionnaire survey, examination of regulations and walk over survey on industrial parks were conducted. In metropolitan area, recycling industry made incomes of 445 billion won per year and supplied work place for 44 thousand persons. Based on present status and questionnaire analysis, waste recyclers had difficulties in securing factory site, impending the term of contract, NIMBY and proper treating a lot of solid wastes and wastewater, and construction of recycling-industrial park was supposed to be a tool to overcome those problems faced to waste recyclers. By considering the availability of existing industrial park, constraints of constructing new park in metropolitan area, potential recycling amounts and low opinion of moving in to parks, it is reasonable that Inchon-kanghwa district or Seoul adjacent district is potential sites, area for recycling-industrial park are within 640 thousand Pyong, and plastic recyclers are main invited item.

• The Korean Journal of Applied Statistics
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• v.26 no.6
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• pp.857-871
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• 2013

Export credit insurance is a policy tool for export growth. In the era of free trade under the governance of WTO, export credit insurance is still allowed as one of the few instruments to increase exports. This paper, using data on short-term export insurance contracts issued to foreign subsidiaries of Korean companies, calculates the expected loss per exposure by combining the effect of risk factors (credit rate of foreign importers, size of mother company, and payment period) on loss frequency and loss severity in different levels. We, applying generalized linear models (GLM), first fit loss frequency and loss severity to negative binomial and lognormal distribution, respectively, and then estimate the loss frequency rate per contract and the ratio of loss severity to coverage amount. Finally, we calculate the expected loss per exposure for each level of risk factors by combining these two rates. Based on the result of statistical analysis, we present the implication for the current premium rate of export insurance.

• Korean Journal of Construction Engineering and Management
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• v.15 no.2
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• pp.33-43
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• 2014

Goods, services and construction works needed by central government entities, local government entities, and other public institutions are procured with national budget. For efficient budget execution, Article 9 Paragraph 1 of the Enforcement Decree of the Act on Contracts to Which the State is a Party (hereinafter "State Contract Act") provides for the criteria for determining estimated price. Sub-paragraph 2 of the paragraph provides for the "determination of estimated price by cost calculation". On this legal basis, pricing criteria for the determination of estimated price, based on the project purpose, are announced by responsible authorities. This study analyzes the pricing criteria for technology services and proposes a price calculation methodology that can ensure transparency, as a practical improvement for more rational and efficient budget execution in the public sector.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.23 no.1
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• pp.103-110
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• 2019

Electronic voting has been followed by a lot of research as it provides convenience to voters and increases participation rates. Nevertheless, electronic voting has not been widespread yet. The existing electronic voting system does not guarantee credibility, and there arises a question on the security that the voting could be forged or altered by the attack to the central server. In this paper, we proposed blockchain based systems to solve the problems in electronic voting. Although the blockchain may guarantee the security of transaction data, there have been only a few electronic voting systems implemented using the blockchain. We developed blockchain enabled voting and brought out some of its related legal, technical and operational challenges to enforce more security in voting. Unlike centralized voting, the systems could enforce security and solve the problems such as forgery or alteration of transaction data caused by hacking or any attempts to gain control of the central server system.

• Journal of the Korea Institute of Information Security & Cryptology
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• v.20 no.6
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• pp.237-249
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• 2010

If one analyzes recent cyber incidents including personal information infringement cases, it seems like actual attack is targeting Internet service providers but actually they are targeting Internet service users. For many users, all the services were not provided to them as they have signed for in the contract or personal informations, which users have provided to service providers when signing contracts, were disclosed to public without users' consent causing aftereffect. As a result, importance of S-SLA indexes, which is to be included in the SLA to be signed between a user and a service provider, is ever more increasing. Especially, if there is a S-SLA indexes for anti-virus services, service providers have to provide a high quality of service as they have signed in the SLA. However, there wasn't any researches in the S-SLA area domestically and there are only limited SLA indexes related to system or service maintenances at the moment. Therefore, this paper analyses security functions in anti-virus services and proposes S-SLA indexes for different security level.

• Journal of the Korea Institute of Building Construction
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• v.23 no.1
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• pp.93-102
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• 2023

Building supervision can be defined as a major task that involves managing and supervising the construction process to support the creation of high-quality results. To successfully perform supervision work, it is necessary to collect various information generated in uncertain field conditions, but today, supervision is performed based on documents such as reports, so there are limitations in collecting information. In fact, it has also been reported that the recent collapse of an apartment building in Korea was caused by limitations of information communication in th supervision work. Accordingly, this study analyzed the types of digital technologies that can be used to improve the efficiency of building supervision work, and presented the prioritized application of them. Priority application was quantitatively evaluated using analytic hierarchy process on data through a survey. It is expected that the results of this study can be used as basic data to set the roadmap of digital technology for building supervision in the future.

• Journal of Practical Engineering Education
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• v.11 no.1
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• pp.61-73
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• 2019

Recently the Korean life-long occupational skill development system is undergoing rapid change and innovation on the basis of NCS (National Competency Standards). In order for the NCS-based occupational training system to be successfully established, it is required to be accepted and applied in the higher education. Universities, however, hesitate to adopt NCS-based contracted education programs of the work-and-study cooperative system due to low relevance of university education to industrial needs and absence of the reference operation model for the NCS-based contracted education programs considering Korean small companies' particular needs. This study aims to develop and apply a reference operation model for NCS-based contracted education programs of the university-linked work-and-study parallel system, focusing on the Department of Mechanical Design Engineering of College of Work and Study in Parallel, Koreatech. In addition, several operational guidelines are suggested within the framework of current law and regulations for successful diffusion of the NCS-based reference operation model. The results of this study are expected to contribute to nation-wide proliferation of NCS-based contracted education programs in the higher education and motivating companies and universities to participate in the work-and-study parallel initiatives.