• Title/Summary/Keyword: Investment index

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System Improvement Strategy by User Satisfaction Index Model Development and Measurement of Information System (정보시스템 이용자 만족지수 모델 개발 및 측정을 통한 시스템 개선방안)

  • Park, Yong-Jae;Lee, Sang-Hwan;Kwak, Seung-Jin
    • Journal of the Korean Society for information Management
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    • v.24 no.4
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    • pp.173-189
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    • 2007
  • By measuring satisfaction index of the users of Information System, it is possible not only to estimate ROI(Return on Investment) but also to draw the device for the efficiency and improvement of the System. This study tries to give User Satisfaction Index Model for the System, and present operators and managers of the system with the method for improving satisfaction and efficiency by measuring the User Satisfaction Index of representative information systems. For this, the survey was carried out for the representative information systems. On the basis of the analysis, Satisfaction Index was drawn and through Matrix Analysis, the strategy for system improvement was derived.

Study of Drawing Optimum Switch Automation Rate to Minimize Reliability Cost (신뢰도 비용 최소화를 위한 개폐기의 최적 자동화율 도출에 관한 연구)

  • Chai, Hui-seok;Kang, Byoung-wook;Kim, Jin-seok;Moon, Jong-fil;Kim, Jae-chul
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.64 no.4
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    • pp.297-302
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    • 2015
  • Replacing a manual switch installed in a feeder for a distribution system with an automatic one increases the reliability of the electric power system. This is because the automatic switch can shorten the duration of a fault the customer experiences by splitting the faulty section faster than the manual one does. However, improving the reliability of the distribution system may increase investment costs. Here, the investment costs include automatic switch cost, replacement work cost and labor cost. For this reason, importance should be attached to the proper balance between the increase of the investment costs and the improvement of the reliability of the distribution system. This article analyzed reliability index and economics when manual switches installed in a feeder (RBTS Bus2 model) was replaced by automatic ones. In addition, it attempted to draw the optimum rate of automation of manual switches by automatic ones using the GRG optimization method, considering the current economic requirements.

A study on economical introduction of RFID system in the small and medium 3rd Party Logistics (3자 물류 중소기업에 경제적인 RFID 시스템 도입을 위한 연구)

  • Kim, Ki-Hong;Shin, Seung-Jun;Choi, See-Yeong;Yeo, Jun-Ho;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.10 no.3
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    • pp.117-126
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    • 2008
  • RFID system the key technology of ubiquitous era, has been emphasized in logistics. Logistic enterprises are required to apply RFID systems considering their investment costs, actual effectiveness, operational satisfaction and so on. For such a purpose, many applicable methods of RFID system have been developed A method that RFID tags are directly attached to products or pallets is utilized in most cases. However, this method requires expensive investment cost, frequent replacement of damaged tags for the small and medium (SM) third party logistics. In this paper, we analyze statistically the current status and requirements of SM third party logistics. Based on their requirements, we propose the realtime warehousing-delivery management by the method to attach a RFID tag to each warehouse rack, together with the economy analysis index in order to evaluate economical efficiency. Consequently, this method is expected to reduce Investment cost and to improve operational effectiveness and satisfaction.

Determinants of Corporate R&D Investment: An Empirical Study Comparing Korea's IT Industry with Its Non-IT Industry

  • Lee, Myeong-Ho;Hwang, In-Jeong
    • ETRI Journal
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    • v.25 no.4
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    • pp.258-265
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    • 2003
  • In our study, we extracted the market, finance, and government factors determining R&D investment of individual firms in the IT industry in Korea. We collected the financial data of 515 individual firms belonging to IT and non-IT industries between 1980 and 1999 from the Korea Investors Service's database and investigated the empirical relationship between the factors using an ordinary regression model, a fixed effects model, and a random effects model. The main findings of our study are as follows: i) The Herfindahl Index variable representing the degree of market concentration is statistically insignificant in explaining R&D expenditures in the IT manufacturing industry. ii) Assets, which is used as a proxy variable for firm size, have a positive and statistically significant coefficient. These two results suggest that the Schumpeterian Hypothesis may be only partially applied to the IT manufacturing industry in Korea. iii) The dividend variable has a negative value and is statistically significant, indicating that a tendency of high dividends can restrict the internal cash flow for R&D investment. iv) The sales variable representing growth potential shows a positive coefficient. v) The subsidy as a proxy variable for governmental R&D promotion policies is positively correlated with R&D expenditure. This suggests that government policy has played a significant role in promoting R&D activities of IT firms in Korea since 1980. vi) Using a dummy variable, we verified that firms reduced their R&D investments to secure sufficient liquidity under the restructuring pressure during Korea's 1998 and 1999 economic crisis.

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Public-Private Partnerships in Mexico, Panama, and Brazil: A Focus on Port Performance

  • Lopez, Erendira Yareth Vargas;Lee, Shin-Kyuo
    • Journal of Korea Trade
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    • v.23 no.4
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    • pp.17-29
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    • 2019
  • Purpose - This study examines the relationship between public-private partnerships and the performance of ports based on three factors: the quality of the port infrastructure, container throughput, and logistic performance in three Latin American countries, Mexico, Panama, and Brazil, for the period of 1994-2017. Design/methodology - The selected countries are top ranked in terms of container throughput in Latin America. The methodology employs secondary data from the World Bank (Quality of Port Infrastructure, Logistics Performance Index, and Private Participation in infrastructure database). Findings - Overall, the results revealed that the private investment of these countries varies significantly over the past couple decades. Panama, with the least public-private investment over the study period, performs better than Mexico and Brazil with regards to port quality infrastructure and container throughput. For ports in the selected countries to keep up with global competition, there is a need to enhance efficiency. Originality/value - Compared with ports in Asia, Latin American ports are lagging behind with respect to container throughput and efficiency. This study suggests greater collaboration from the private sector, academia, and other organizations, as well as a review of the regulatory framework to ensure better transparency and project allocation. Throwing more light on the public-private investment environment of Mexico, Brazil, and Panama, this study offers policy makers and regulators insightful information on port infrastructure.

Economic Evaluation of Early Detection System for Warranty Issues (품질보증 이슈 조기감지 시스템의 경제성 평가)

  • Jung, Sung-Hwan
    • Journal of Korean Society for Quality Management
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    • v.40 no.1
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    • pp.39-48
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    • 2012
  • An early detection system for warranty issues periodically collects customers' claim data and automatically reports alarms about emerging issues based on statistical algorithms. It helps companies to reduce an issue definition time and save the handling cost of warranty claims. This paper provides an evaluation framework to validate the economic effect of an early detection system project. For this purpose, we present economical index of a project with explicit formulas such as ROI(return on investment), PP(payback period), NPV(net present value), PI(profitability index) and IRR(internal rate of return) and analyze the sensitivities of the index according to the variation of project input parameters. The proposed analysis framework is expected to be used for evaluating economic values of various system integration projects.

Competitiveness analysis of material and components industry by unit value indices (단가를 이용한 부품소재산업의 경쟁력 분석)

  • Lee, Oon-Kyu;Kang, Min-Sung
    • Proceedings of the KSME Conference
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    • 2007.05a
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    • pp.473-478
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    • 2007
  • We analyze competitiveness of material and component industry(MCI) of Korea, China and Japan using trade data, OECD ITCS database with HS-code system. We use unit price indices, export unit price index, import unit price index, and TOT unit price index. These indices provide quality information from trade data of value and quantity. Our results show that there are quality gaps among three countries, and that China expand development potential, and the results vary as sectors. It implies that R&D investment to improve quality of MCI products is essential and that sector-specific policy is necessary.

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An Evaluation Model Development of Technology Green Index(TGI) and It's Application to Defense R&D Projects (기술녹색도 평가모델 개발 및 적용사례)

  • Choi, Don-Oh;Lee, Hyo-Keun;Lim, Jong-Kwang;Lee, Hun-Gon
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.3
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    • pp.299-308
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    • 2009
  • In this paper, we have developed an evaluation model of technology green index(TGI) which includes 3 evaluation factors and 13 indicators. Furthermore, as presenting the degree of relative importance among evaluation factors and indicators for all R&D evaluation stages and all green technology areas, and applying the proposed model to 5 defense projects, we have found applicability of the model to evaluation of defense R&D projects. The results of evaluation using this model can be used to monitor the performance of project life cycle and develop R&D investment strategy of green technology using portfolio analysis.

A Study on the System Loss Minimizing Algorithm by Optimal Re-location of Static Condenser Using System Power Loss Sensitivity (계통손실 감소를 위한 전력용 콘덴서의 適正 再配置에 대한 연구)

  • 이상중;김건중;정태호;김원겸;김용배
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.44 no.1
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    • pp.21-24
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    • 1995
  • The larger and the more complicated the system size and configuration grow, the more serious the system loss problem becomes. Exessive system loss causes severs system voltage depression, which even may result in system voltage collapse. This paper proposes an effective tool for minimizing the system power loss by optimal re-location of the static condenser based on the system loss sensitivity index .lambda.$_{Q}$. It is possible to determine the optimal location and amount of VAR investment for minimizing the system loss by priority of .lambda.$_{Q}$ index given for each bus. Several computational techniques for avoiding divergency of the load flow solution are proposed. The loss sensitivity index .lambda.$_{Q}$ uses information of normal power flow equations and their Jacobians. Two case studies proved the effectiveness of the algorithm proposed.posed.

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Competitiveness Analysis for Artificial Intelligence Technology through Patent Analysis (특허분석을 통한 인공지능 기술 분야 경쟁력 분석: 특허 시장성과 기술력 질적 분석을 중심으로)

  • Kwak, Hyun;Lee, Seongwon
    • The Journal of Information Systems
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    • v.28 no.3
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    • pp.141-158
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    • 2019
  • Purpose Artificial Intelligence (AI) is a core technology, leading the 4th industrial revolution. This study aims to diagnose the Korean's national competitiveness for AI technologies through patent analyses. Design/methodology/approach In this study, KIWEE and Derwent Innovation databases were used as data source of patents. we extracted 10,510 AI patents data with keywords and classified them into 15 subcategories of AI technology. We executed patent analyses for activity index, patent intensity index, technology strength, and patent family size and diagnosed Korea's national competitiveness in AI industry. Findings The results showed that Korea is less competitive than the United States and Japan in AI industry. However, patent amount has increased since 2010, which is encouraging result. This study has implication on the need for human and R&D investment in AI industry.