• Journal of Korea Technology Innovation Society
• /
• v.9 no.1
• /
• pp.84-102
• /
• 2006

This paper compares four models to value a biotechnology R&D project; option tree model, dynamic discounted cash flow(DCF) model, and option thinking DCF model with general DCF model. Real Options, especially 6-folded option tree model yields boner estimate of value than values using other methods. According to sensitivity analysis, sales of final products, number of investigational new drug developments(INDs) and success rates of each stage are key factors for the value of biotechnology R&D investment.

• Journal of Communications and Networks
• /
• v.12 no.1
• /
• pp.43-51
• /
• 2010

IEEE 802.11 defines distributed coordination function (DCF), which is characterized by CSMA/CA and binary exponential backoff (BEB) algorithm. Most modifications on DCF so far have focused on updating of the contention window (CW) size depending on the outcome of own frame transmission without considering freezing periods experienced in the backoff interval. We propose two simple but novel schemes which effectively utilize the number of freezing periods sensed during the current backoff interval. The proposed schemes can be applied to DCF and its family, such as double increment double decrement (DIDD). Saturation throughput of the proposed schemes is analyzed by means of Bianchi's Markovian model. Computer simulation validates the accuracy of the analysis. Numerical results based on IEEE 802.11b show that up to about 20% improvement of saturation throughput can be achieved by combining the proposed scheme with conventional schemes when applied to the basic access procedure.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.22 no.51
• /
• pp.151-161
• /
• 1999

For many decades, Deterministic DCF approach has been widely used to evaluate investment opportunities. Under new manufacturing conditions involving uncertainty and risk, the DCF approach is not appropriate. In DCF, Risk is incorporated in two ways: certainty equivalent method, risk adjusted discount rate. This paper proposes a determination method of the Risk Adjusted Discount Rate for economically decision making advanced manufacturing technologies. Conventional DCF techniques typically use discount rate which do not consider the difference in risk of differential investment options and periods. Due to their relative efficiency, advanced manufacturing technologies have different degree of risk. The risk differential of investments is included using $\beta$ coefficient of capital asset pricing model. The comparison between existing and proposed method investigated. The DCF model using proposed risk adjusted discount rate enable more reasonable evaluation of advanced manufacturing technologies.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• v.6 no.2
• /
• pp.664-682
• /
• 2012

To improve the accuracy and enhance the applicability of existing models, this paper proposes a generalized Markov chain model for IEEE 802.11 Distributed Coordination Function (DCF) under the widely adopted assumption of ideal transmission channel. The IEEE 802.11 DCF is modeled by a two dimensional Markov chain, which takes into account unsaturated traffic, backoff freezing, retry limits, the difference between maximum retransmission count and maximum backoff exponent, and limited buffer size based on the M/G/1/K queuing model. We show that existing models can be treated as special cases of the proposed generalized model. Furthermore, simulation results validate the accuracy of the proposed model.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.8 no.6
• /
• pp.1410-1418
• /
• 2007

This paper analyzes the throughput of DCF protocol at the MAC layer in the 802.11a wireless LAN. The throughput of DCF protocol is related on probability of backoff, depends on retransmission of each terminal. This paper applied to nonmarcov discrete model for each terminal BER in the base station versus the packet throughput is progressing with the data rate of 6,12,24,54 Mbps, We find the fact that the less the data rate be the higher the throughput. We also find from the throughput calculation by means of traffic intensity in OFDM wireless LAN.

• Journal of Information Processing Systems
• /
• v.8 no.4
• /
• pp.739-748
• /
• 2012

We propose an analytic model to compute the station's saturated throughput and packet delay performance of the IEEE 802.11 DCF (Distributed Coordination Function) in which frame transmission error rates in the channel are different from each other. Our analytic model shows that a station experiencing worse frame error rates than the others suffers severe performance degradation below its deserved throughput and delay performance. 802.11 DCF adopts an exponential back-off scheme. When some stations suffer from high frame error rates, their back-off stages should be increased so that others get the benefit from the smaller collision probabilities. This impact is then recursively applied to degrade the performance of the victim stations. In particular, we show that the performance is considerably degraded even if the frame error rate of the victim station satisfies the receiver input level sensitivity that has been specified in the IEEE 802.11 standard. We also verify the analytic results by the OPNET simulations.

• Journal of Korea Society of Industrial Information Systems
• /
• v.16 no.2
• /
• pp.1-11
• /
• 2011

A lot of works on the throughput analysis of the IEEE 802.11 DCF have been studied since last few years. However, we should predict the throughput of the IEEE 802.11g that we mostly use today because the existing numerical results do not consider exactly the IEEE 802.11g with the physical layer ERP-OFDM parameters. In particular, we might have different results in the working WLAN s compared with the simple predictions of the throughput using the previous results. In this paper, we directly monitor the ERP-OFDM physical layer parameters on the operating WLANs, and then analyze the saturated DCF throughput with the well-known analytic model. Moreover, we measure the bandwidth utilization on the real WLANs working with FTP services, and then compare them with the analytic results. According to the experiment results, we confirm the usefulness of the analytic models which assume the saturated traffic sources.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.8 no.3
• /
• pp.556-562
• /
• 2007

In this paper we propose a new method which adjusts the collision resolution depending on busy status of the channel to improve performance of IEEE 802.11 DCF. This scheme reduces the number of collisions in wireless channel by decreasing the amount of movements of each station's backoff stage based on busy event count and the one stage backoff model. Through simulation, we compared the performance of our scheme with that of DCF, ADCF and SD.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.12 no.4
• /
• pp.15-24
• /
• 2017

The major goal of this paper falls on developing new rational valuation model, to help companies and investors in the early stage of growth as to preparing and negotiating valuation of investment, by applying new reasonable discount indexes of calculating Discount Cash Flow in valuation of the start-up which has been recognized the critical fatal flaws of DCF with them. There are three specific studies done in this paper. First, this paper found the solid and viable bases of rational discount indexes as to applying DCF in valuing companies in the early growth stage with reviewing the previous studies including Berkus method, Scorecard Method, and Risk factor Summation method classified the most effective tools of valuing pre-revenue generating companies. Second, this paper quoted and analyzed the previous models and studies, so called, 'DCF-Prime' of applying DCF method as to value companies in the early growth stage by taking all risk factors innate to the companies in the early growth stage as the discount rate Beta coefficient. Third, this paper propose more viable and solid valuation models, so called, 'DCF-Plus'of combing all validated valuation factors in Berkus, Scorecard, and Risk Factor Summation methods into applying separate discount bracket after DCF Valuation over the companies in the early growth stage instead of taking them as the factors of discount rate, beta coefficient, like the previous model of DCF-Prime. DCF-Plus mainly developed in this paper will not only provide more rational valuation bases as to investment negotiation between companies and investors in the early growth stage, but also providing more accountable guidelines to companies in the early growth as to prepare investment raising and accelerating their company's value by themselves.

• Journal of Korea Multimedia Society
• /
• v.22 no.12
• /
• pp.1415-1429
• /
• 2019

Nowadays object tracking process becoming one of the most challenging task in Computer Vision filed. A CSR-DCF (channel spatial reliability-discriminative correlation filter) tracking algorithm have been proposed on recent tracking benchmark that could achieve stat-of-the-art performance where channel spatial reliability concepts to DCF tracking and provide a novel learning algorithm for its efficient and seamless integration in the filter update and the tracking process with only two simple standard features, HoGs and Color names. However, there are some cases where this method cannot track properly, like overlapping, occlusions, motion blur, changing appearance, environmental variations and so on. To overcome that kind of complications a new modified version of CSR-DCF algorithm has been proposed by integrating deep learning based object detection and CSRT tracker which implemented in OpenCV library. As an object detection model, according to the comparable result of object detection methods and by reason of high efficiency and celerity of Faster RCNN (Region-based Convolutional Neural Network) has been used, and combined with CSRT tracker, which demonstrated outstanding real-time detection and tracking performance. The results indicate that the trained object detection model integration with tracking algorithm gives better outcomes rather than using tracking algorithm or filter itself.