• Asia pacific journal of information systems
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• v.6 no.1
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• pp.5-20
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• 1996

Today's firms exist and run business in an uncertain and rapidly changing environment in terms of industry, market, technology, economic conditions, and culture. To be competitive, at least to survive, firms must cope with and manage uncertainty effectively. In other words, firms should be equipped with powerful weapons to capture competitive advantage over their competitors. There are several ways for a firm to capture competitive edge over its competitors such as cost leadership, quality of the products and services, manpower, higher productivity, and technology. Among these, technology, especially information technology, could be the most effective weapon for competitive advantages since it is possible to monitor competitors' movement as well as to provide appropriate information with both planning and control phases through an information system. In this paper, a competitive weapon in action, a Process Control System which is developed by and installed at a U.S petroleum company would the described.

• IE interfaces
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• v.3 no.2
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• pp.1-11
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• 1990

In this study, we will present a knowledge-based consulting system, called THYCONS, for diagnosing thyroid disorders. It has been developed to make the knowledge and expertise of the human expert more widely available, therefore achieving a high-quality diagnosis. Frames will be used to represent the medical knowledge of thyroid disorders, and several rules are attached in each slot of a frame. The uncertainty of diagnostic processes is manipulated by the subjective Bayesian method under the assumption that the pieces of evidence are conditionally independent. Searching for the group of diagnostic tests to be carried out and their optimum sequences will be established in order to infer a more correct diagnosis on the basis of maximum information gain with cost and time restrictions. Additionally. differential diagnosis will be carried out based on the information gained.

• Journal of the Korean Operations Research and Management Science Society
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• v.4 no.1
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• pp.59-64
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• 1979

The application of optimization techniques to the planning of industrial, economic, administrative and military activities with random technological coefficients has been extensively studied in the literature. Stochastic (linear) programs with simple recourse essentially model the allocation of scarce resources under uncertainty with linear penalties associated with shortages or surplus. This work on a problem with a discrete random resource vector, "The allocation of aircraft under uncertain demand" given in (1), is easily and efficiently handled by the application of the recently developed Wets' algorithm (8) for solving stochastic programs with simple recourse, which approves that such class of stochastic problems can be solved with the same efficiency as solving linear programs of the same size. It is known that the algorithm is also applicable to stochastic programs with continuous random demands for their approximate solutions.

• Journal of Labour Economics
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• v.31 no.1
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• pp.1-27
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• 2008

This study analyzes the causes of increase in temporary workers observed in the recent Korean labor market. In the analysis of sectors with relatively high ratio of temporary workers, the manufacturing sector tends to hire temporary workers in order to raise profitability, while wholesale & retails and construction sectors tend to employ temporary workers due to the fluctuation of product demand. Another possibility is that with the expansion of college graduates, it is likely that temporary jobs are used as a screening device to reduce the uncertainty of workers quality.

• Journal of the Korea Safety Management & Science
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• v.8 no.1
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• pp.165-179
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• 2006

Flextime system labor problem appeared by social issue going through a late 97s economic crisis. The most important thing among gravity is that act for factor who do to magnify gulf between rich and poor because do so that may polarize labor market at central part and neighborhood and makes preservation of society integration hardly social economy enemy of flextime system worker's spread. Furthermore, new economy surrounding has attribute that deepen uncertainty social bipolarization according as order by 21th century information-oriented society, globalization, knowledge base economy. Therefore, role of the country that control spread of flextime system in fixed level is more important first of all and application of employment insurance may do that have important meaning and social deliquescence.

• Proceedings of the Safety Management and Science Conference
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• 2009.11a
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• pp.483-493
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• 2009

The global economic recession caused a great change of the labor environment such as restructurings and unstable employment. This facts brought about an increase in sense of rivalry, over workload, job uncertainty and lowering of self-confidence. Due to the fact that the work process and employing system in construction field is little differ from normal industries, especially, labors working in construction field are much exposed to the job stress. On this study, we survey construction-field labors and made an analysis of the gathered data through the statistic method to reveal what kind of job-stress factors influence on the defects of construction works. As the result, we investigated the truth of the induction factors which cause the job-stress in costruction field and proposed an alternative plan for an effective job-stress management which make the defect rate low.

• Journal of Digital Convergence
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• v.9 no.1
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• pp.71-87
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• 2011

Currently, many companies are interested in (Radio Frequency Identification (RFID). Nonetheless, technical imperfection and the uncertainty of Return on Investment (ROD is discouraging the companies' intention to implement RFID. Accordingly, while a number of companies concede the efficiency of RFID, few of them expresses enthusiasm, making a rain check to adopt RFID. Moreover, the recent economic depression has down-sized the companies' investment on Information Technology (IT), subsequently hindering RFID implementation. In adopting RFID, the collaboration of supply chain is the most importance factor. Therefore, in implementing RFID, many companies reinforced collaboration of supply chain. Therefore, this study will focus on performing an analysis on several factors which influence the intention to adoption of RFID, such as the human factor, technology factor, vender factor and task factor. The results of this study will provide useful guidelines for RFID adoption strategy to Korean companies.

• Korean Journal of Veterinary Research
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• v.46 no.2
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• pp.159-164
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• 2006

A stochastic simulation model incorporated with Reed-Frost approach was derived for evaluating diagnostic performance of a test used for a screening program of an infectious disease. The Reed-Frost model was used to characterize the within-herd spread of the disease using a hypothetical example. Specifically, simulation model was aimed to estimate the number infected animals in an infected herd, in which imperfect serologic tests are performed on samples taken from herds and to illustrate better interpreting survey results at herd-level when uncertainty inevitably exists. From a risk analysis point of view, model output could be appropriate in developing economic impact assessment models requiring probabilistic estimates of herd-level performance in susceptible populations. The authors emphasize the importance of knowing the herd-level diagnostic performance, especially in performing emergency surveys in which immediate control measures should be taken following the survey. In this context this model could be used in evaluating efficacy of a survey program and monitoring infection status in the area concerned.

• Proceedings of the Korean Geotechical Society Conference
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• 2008.10a
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• pp.126-133
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• 2008

Geotechnical limit state design methods; LRFD of North America is an approach that estimates resistance using design model and then multiplies resistance factor by calculated resistance to reflect the uncertainty of geomaterials and design models; whereas, Eurocode of the Europe employs the partial resistance factor applied directly to each variable in the resistance equation that individual soil properties such as cohesion and angle of internal friction are applied. This discussion paper is a study on characteristic value which has globally been argued through processing of development of Eurocode 7 for geotechnical design even to the present. Estimating the characteristic value of soil properties affects not only determination of design value applied directly to design of geotechnical structures, but also economic feasibility and stability of the structures.

• KDI Journal of Economic Policy
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• v.38 no.2
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• pp.1-20
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• 2016

In this paper, we conduct uniform inference of two widely used versions of the Phillips curve, specifically the random-walk Phillips curve and the New-Keynesian Phillips curve (NKPC). For both specifications, we propose a potentially time-varying natural unemployment (NAIRU) to address the uncertainty surrounding the inflation-unemployment trade-off. The inference is conducted through the construction of what is known as the uniform confidence band (UCB). The proposed methodology is then applied to point-ahead inflation forecasting for the Korean economy. This paper finds that the forecasts can benefit from conducting UCB-based inference and that the inference results have important policy implications.