• Journal of Construction Engineering and Project Management
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• v.5 no.1
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• pp.1-10
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• 2015

In construction, stakeholders of extended project team play a key role in the overall project performance. Successful integration of stakeholders demands for good management practices at strategic, operational and project levels. Targets and measures to improve the stakeholder performance encourage the creativity and willingness of stakeholders of extended project team to develop the better ways to achieve the project objectives. This paper presents a generic descriptive method, showing how stakeholder's ability and influence impacts on project performance in the construction sector. The findings of a series of interviews with key informants are presented and the following main conclusion is drawn: improving project performance through stakeholder's contribution and measuring their performance can strengthen the project performance. This innovative approach which redefines the process of improving the project performance in construction projects will be of interest to those who intend to manage the projects in practice as well as to those who interested in advancing theory.

• Journal of Korean Institute of Industrial Engineers
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• v.24 no.1
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• pp.23-35
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• 1998

This article presents a network flow analysis to form flexible machine cells with minimum intercellular part moves and a neural network model to form part families. The operational sequences and production quantity of the part, and the number of cells and the cell size are taken into considerations for a 0-1 quadratic programming formulation and a network flow based solution procedure is developed. After designing the machine cells, a neural network approach for the integration of part families and the automatic assignment of new parts to the existing cells is proposed. A multi-layer backpropagation network with one hidden layer is used. Experimental results with varying number of neurons in hidden layer to evaluate the role of hidden neurons in the network learning performance are also presented. The comprehensive methodology developed in this article is appropriate for solving large-scale industrial applications without building the knowledge-based expert rule for the cellular manufacturing environment.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2002.11a
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• pp.53-61
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• 2002

This paper aims to apply a supply chain modeling and its analysis framework to the supply chain in the port industry, each of which has its own objective. The simulation approach serves two purposes: to model a supply chain network in quantity approach and to evaluate its supply chain performance based on proposed strategies. The simulation model will be applied to quantifying the flow of a supply chain, the involved information and material flow and conducted to simulate the supply chain operations. The model will also be used which strategic and operational policies are the most effective in smoothing the variations in the supply chain.

• Korean Journal of Computational Design and Engineering
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• v.22 no.1
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• pp.80-88
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• 2017

Product data analytics (PDA) is a data-driven analysis method that uses product data management (PDM) databases as its operational data. It aims to understand and evaluate product development processes indirectly through the analysis of product data from the PDM databases. To educate and train PDA efficiently, this study proposed an approach that employs courses for both product development and PDA in a class. The participant group for product development provides a PDM database as a result of their product development activities, and the other group for PDA analyses the PDM database and provides analysis result to the product development group who can explain causes of the result. The collaboration between the two groups can enhance the efficiency of the education and training course on PDA. This study also includes an application example of the approach to a graduate class on PDA and discussion of its result.

• IE interfaces
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• v.16 no.spc
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• pp.14-20
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• 2003

This paper presents a multi-criteria decision model and Multi-Criteria Generic Algorithm(MCGA) approach to improve backbone topology by leveraging the Virtual Link(VL) system in an hierarchical Link-State(LS) routing domain. Given that the sound backbone topology structure has a great impact on the overall routing performance in an hierarchical LS domain, the importance of this research is evident. The proposed decision model is to find an optimal configuration of VLs that properly meets two-pronged engineering goals in installing and maintaining VLs: i.e., operational costs and network reliability. The experiment results clearly indicates that it is essential to the effective operations of hierarchical LS routing domain to consider not only engineering aspects but also specific benefits from systematical layout of VLs, thereby presenting the validity of the decision model and MCGA.

• Journal of the Korean Society of Systems Engineering
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• v.16 no.2
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• pp.16-26
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• 2020

Improving operator performance in complex and time-critical situations is critical to maintain plant safety and operability. These situations require quick detection, diagnosis, and mitigation actions to recover from the root cause of failure. One of the key challenges for operators in nuclear power plants is information management and following the control procedures and instructions. Nowadays Digital Twin technology can be used for analyzing and fast detection of failures and transient situations with the recommender system to provide the operator or maintenance engineer with recommended action to be carried out. Systems engineering approach (SE) is used in developing a digital twin for the CEDM system to support operator actions when there is a misalignment in the control element assembly group. Systems engineering is introduced for identifying the requirements, operational concept, and associated verification and validation steps required in the development process. The system developed by using a machine learning algorithm with a text mining technique to extract the required actions from limiting conditions for operations (LCO) or procedures that represent certain tasks.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.11
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• pp.133-143
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• 2021

This study investigates the relationship between social capital and enterprise performance with knowledge sharing as the mediator. By employing the data of 677 respondents collected from delivering questionnaires to small and medium-size firms in Vietnam in 2020, this study suggests a two-step approach that combines exploration factor analysis (EFA), confirmatory factor analysis (CFA), and path analysis (SEM). The empirical findings significantly support our proposed model by demonstrating that knowledge sharing mediates the connection between all three elements of social capital and enterprise performance. At the same time, the results emphasize the importance of knowledge sharing as a major benefit of social capital and a substantial driving element of both operational and financial performance. The results show that all three social capital qualities (structural, relational, and cognitive) significantly impact both tacit and explicit knowledge sharing, while knowledge is one of the main routes connecting social capital to enterprise performance. Hence, our research model may be used in future studies to evaluate social capital, knowledge sharing, and firm performance as a new theoretical model. Our results offer a plausible explanation for how social capital improves knowledge sharing and enterprise performance.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.7
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• pp.49-58
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• 2020

This paper examines the impact of mergers on the financial performance of the Jordanian banking sector. This paper applies the financial approaches in analysing the effects of mergers on Jordanian banks' performance for two the periods: four years pre-merger and four years' post-merger for the period from 2001 to 2009. The sample of the study solely contains the case of the merger of the Jordan Ahli Bank (AHLI bank) with Philadelphia Bank in 2005. Data are tested for normality using the Shapiro-Wilk Test and Kolmogorov Smirnov test. The financial ratios and a statistical technique as a Mann-Whitney U test were used to assess the significant differences in the financial performance of the selected banks pre- and post-merger by investigating the performance-related financial ratio groups that are expressed by leverage, liquidity, efficiency, and cash flow ratio. The results show that there is an insignificant improvement in the ratios of AHLI bank in the period after the merger, except for the superior result provided by this study indicating that the leverage ratios improved significantly. The reason for the insignificant improvement in financial ratios may be that the post-merger period corresponds to the period of the global financial crisis that began in 2007.

• Journal of Korean Society for Quality Management
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• v.45 no.4
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• pp.903-916
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• 2017

Purpose: The paper analyzes empirically the causal relationship between customer-oriented Quality circle activities and Business Performance for Korean service firms. We compare the operational characteristic behavior of the service firms and business performance. Methods: In this study, we used 3 variables, QC activities, Employee commitment and business performance. Especially, Service SME's QC Circle activities were analyzed in related with growth of company on the basis activities such as Leadership(team), improvement activity, Organizational learning, customer-focus activity and employee suggestion. Results: The result of analysis showed that employee commitment affected significantly on financial performance and non-financial performance and in turn, improvement activities, Organizational learning and customer-focus activity affected significantly on business performance (financial and non-financial). Conclusion: In the summary of the characteristics of this study based on the research results, first, segmenting the QCC activities in the service business into 5 elements can be considered to be differentiated from the existing researches in the aspect of utilizing the organization's objective-oriented variables differently from the researches utilized the variables related personal characteristics. Second, this study suggested the recent research results that suggested the problems of the QCC clearly, through which what new QC story approach was suggested has working level value in the aspect of activating the service QCC.

• Journal of the Korean Society of Manufacturing Technology Engineers
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• v.19 no.5
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• pp.637-644
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• 2010

This paper presents a reliability-based shape optimization (RBSO) using the growth-strain method. An actual design involves uncertain conditions such as material property, operational load, Poisson's ratio and dimensional variation. The purpose of the RBSO is to consider the variations of probabilistic constraint and performances caused by uncertainties. In this study, the growth-strain method was applied to shape optimization of reliability analysis. Even though many papers for reliability-based shape optimization in mathematical programming method and ESO (Evolutionary Structural Optimization) were published, the paper for the reliability-based shape optimization using the growth-strain method has not been applied yet. Growth-strain method is applied to performance measure approach (PMA), which has probabilistic constraints that are formulated in terms of the reliability index, is adopted to evaluate the probabilistic constraints in the change of average mises stress. Numerical examples are presented to compare the DO with the RBSO. The results of design example show that the RBSO model is more reliable than deterministic optimization. It was verified that the reliability-based shape optimization using growth-strain method are very effective for general structure. The purpose of this study is to improve structure's safety considering probabilistic variable.