• Korean System Dynamics Review
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• v.5 no.1
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• pp.111-126
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• 2004

Many countries in the North East Asia are competing with each other in order to become a centre of international logistics activities. The competition to become a hub port in Far East region is now fierce. The anticipated investments on improving port facilities and attracting the mega carriers are immense for all the ports in the region and the extent of the effort could cripple the local ports and region's economy given the limited financial resources. It is, however, impossible to avoid the disastrous possibility that the massive investments could be channeled into the port, which will never become a hub port, as no port is ready to currently admit defeat and settle as a small regional port. In an attempt to minimise such disastrous waste of resources, ports need to verify the eligibility of their own. This paper tests a system dynamics model using the Port of Busan to understand and illustrate the principle guideline of investment decision making for ports.

• Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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• 2007.11a
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• pp.109-115
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• 2007

Instead of existing bar code system, RFID is now the core sensor technique of Ubiquitous computing and it will bring a revolution of corporation's logistics systems. In recent years, RFID becomes the center of government and other related companies and furthermore, its basic and applied techniques and have been established as various international standards. Many major countries announced application cases in various fields and concentrate their effort to make new RFID technologies as well. Recently Korean government announced the basic plan of u-Korea and all-out plan of activation of RFID/USN. SO in this paper, we will discuss two things; the trends of RFID technologies and the printing tag technique, which is needed to spread of RFID item units.

• Journal of Institute of Control, Robotics and Systems
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• v.14 no.1
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• pp.1-6
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• 2008

The ubiquitous sensor network technique is widely applied to variety of information fields such as home automations, logistics, traffic controls, public administrations, health and environment monitoring and etc. It is particularly useful in the areas where energy consumption is minimal and where continuous monitoring of the surrounding environments, which generates streams of data, are required. In this study, we have designed and implemented a living environment automatic control system which collects the streams of temperature, humidity, light and noise data of a simulated house setting in real-time fashion, then controls the home environment based on the collected data according to the users favorites. In order to differentiate the proposed system from the currently existing similar system, we have demonstrated not only the feasibility of collecting data using sensor network in the controlled environment but also the ability to control the various household equipments through wireless communications.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.66 no.4
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• pp.701-708
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• 2017

This paper proposes an optimum design method using Teaching-Learning-based optimization for the fuzzy PID controller of Magnetic levitation rail-guided vehicle. Since an attraction-type levitation system is intrinsically unstable, it is difficult to completely satisfy the desired performance through the conventional control methods. In the paper, a fuzzy PID controller with fixed parameters is applied and then the optimum parameters of fuzzy PID controller are selected by Teaching-Learning optimization. For the fitness function of Teaching-Learning optimization, the performance index of PID controller is used. To verify the performances of the proposed method, we use a Maglev model and compare the proposed method with the performance of PID controller. The simulation results show that the proposed method is more effective than conventional PID controller.

• Management Science and Financial Engineering
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• v.12 no.2
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• pp.37-62
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• 2006

This paper considers the problem of designing logical tunnels in virtual private networks considering QoS guarantee which restricts the number of tunnel hops for each traffic routing. The previous researches focused on the design of logical tunnel itself and Steiner-tree based solution algorithms were proposed. However, we show that for some objective settings it is not sufficient and is necessary to consider both physical and logical connectivity at the same time. Thereupon, the concept of the layered network is applied to the logical tunnel design problem in virtual private networks. The layered network approach considers the design of logical tunnel as well as its physical routing and we propose a modified branch-and-price algorithm which is known to solve layered network design problems effectively. To show the performance of the proposed algorithm, computational experiments have been done and the results show that the proposed algorithm solves the given problem efficiently and effectively.

• Proceedings of the CALSEC Conference
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• 2001.08a
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• pp.277-288
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• 2001

Nowadays, for the competitive power of an enterprise, there are many attempts to implement information system that could support business innovation by business process re-engineering. However, there is no effort to standardize the core business processes of enterprise based on standards of data, documents. These facts make it difficult to introduce and implement enterprise information system designed by business processes of the higher level. Therefore, standardization of business process by analyzing the functionality and relationships among them are important and necessary. The results of our research are summarized as process-driven standardization (standardization of core business processes) and development of a repository. In process-driven standardization, we proposed the reference model by analyzing the business processes of the leading enterprises for core business processes. The reference model focuses on core business processes, such as sales management, procurement management, production management, logistics management, and customer support in manufacturing industry. We developed a knowledge-based system as a repository for a integrated management system of business process. And this repository was built up web-based system for the purpose of both reference and management.

• Journal of Global Scholars of Marketing Science
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• v.3
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• pp.235-251
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• 1999

This research deals with the basic ideas and implementation used for developing competitive advantage in the market they serve. The market to which a company belongs is continuously evolving, not static. Therefore, the company is required to adopt a suitable strategy in the market it serves. Marketing strategy establishment requires continual adjustment in the strategy content and redirection in organizational actions to address emerging market problems and opportunities. Much of the strategic implementation is characterized by firefights aimed at solving emerging, unforeseen problems. The concept of strategy was originally introduced to provide companies with a rational means of coping with environmental changes. An old Oriental proverb said that "knowing myself and then understanding others is the best way to success". In line with the proverb, the starting point of marketing strategy establishment for the competitive advantage is to understand the activities of a company wholly. After analyzing the scope of its activities, a company has to understand the market structure, to review competitive environments, to formulate the base of the competitive strategy and to adopt differentiation strategies for obtaining the competitive advantage.

• Journal of the Korean Institute of Navigation
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• v.18 no.3
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• pp.11-18
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• 1994

In the present trends at which vessels would be supersizedly designed for adapting special cargoes in order for effective controls of logistics in marine transportation, it brings poor manoeuvrability of ships and makes environmental or economical loss seriously due to accidents of a large scale at sea. International Maritime Organization adopted manoeuvring standards and also recommended manoeuvring booklets for ship operators recently. We attempted to find variation of hydrodynamic derivatives when a bare hull was fitted with propeller and rudder, or propeller only by captive model test in the circulating water channel. On comparing experimental results with theoretical values derived from equations, almost same tenden-cies were found at hull-propeller-rudder and hull-propeller situations. Interactions with rudder displayed well at large drift angles.

• Journal of the military operations research society of Korea
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• v.35 no.3
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• pp.47-59
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• 2009

A hybrid Genetic Algorithm is applied to military resource allocation problem. Since military uses many resources in order to maximize its ability, optimization technique has been widely used for analysing resource allocation problem. However, most of the military resource allocation problems are too complicate to solve through the traditional operations research solution tools. Recent innovation in computer technology from the academy makes it possible to apply heuristic approach such as Genetic Algorithm(GA), Simulated Annealing(SA) and Tabu Search(TS) to combinatorial problems which were not addressed by previous operations research tools. In this study, a hybrid Genetic Algorithm which reinforces GA by applying local search algorithm is introduced in order to address military optimization problem. The computational result of hybrid Genetic Algorithm on Missile Interceptor Allocation problem demonstrates its efficiency by comparing its result with that of a simple Genetic Algorithm.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.20 no.2
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• pp.123-135
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• 2016

This article deals with the pricing of Asian options under a constant elasticity of variance (CEV) model as well as a stochastic elasticity of variance (SEV) model. The CEV and SEV models are underlying asset price models proposed to overcome shortcomings of the constant volatility model. In particular, the SEV model is attractive because it can characterize the feature of volatility in risky situation such as the global financial crisis both quantitatively and qualitatively. We use an asymptotic expansion method to approximate the no-arbitrage price of an arithmetic average Asian option under both CEV and SEV models. Subsequently, the zero and non-zero constant leverage effects as well as stochastic leverage effects are compared with each other. Lastly, we investigate the SEV correction effects to the CEV model for the price of Asian options.