• Title/Summary/Keyword: Practical Management

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Real Option Decision Tree Models for R&D Project Investment (R&D 프로젝트 투자 의사결정을 위한 실물옵션 의사결정나무 모델)

  • Choi, Gyung-Hyun;Cho, Dae-Myeong;Joung, Young-Ki
    • IE interfaces
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    • v.24 no.4
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    • pp.408-419
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    • 2011
  • R&D is a foundation for new business chance and productivity improvement leading to enormous expense and a long-term multi-step process. During the R&D process, decision-makers are confused due to the various future uncertainties that influence economic and technical success of the R&D projects. For these reasons, several decision-making models for R&D project investment have been suggested; they are based on traditional methods such as Discounted Cash Flow (DCF), Decision Tree Analysis (DTA) and Real Option Analysis (ROA) or some fusion forms of the traditional methods. However, almost of the models have constraints in practical use owing to limits on application, procedural complexity and incomplete reflection of the uncertainties. In this study, to make the constraints minimized, we propose a new model named Real Option Decision Tree Model which is a conceptual combination form of ROA and DTA. With this model, it is possible for the decision-makers to simulate the project value applying the uncertainties onto the decision making nodes.

A Risk Analysis on the Error Code of Vehicle Inspection Utilizing Portfolio Analysis (Portfolio 분석을 활용한 자동차 검사의 부적합항목에 대한 위험도분석)

  • Choi, Kyung-Im;Kim, Tae-Ho;Lee, Soo-Il
    • Journal of the Korean Society of Safety
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    • v.27 no.4
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    • pp.121-127
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    • 2012
  • Vehicle Inspection System is to examine the condition of vehicle regularly at the national level to protect lives and properties of the people from traffic accidents due to vehicle's fault. However, the vehicle inspection method, criteria, period and effectiveness have become a controversial issue, because of examining safety management of vehicle by drivers regardless of regular vehicle inspection. Therefore, the aim of this study is to investigate vehicle inspection timeliness and risk level of inspection items through basic statistical survey and portfolio analysis. The results of the research through practical analysis are: (1) The inspection failure rates between 3 and 6 model year tend to increase. (2) The failure of inspection items for safety highly impacts on traffic accident rate in terms of accident risks. (3) According to the result of portfolio analysis, faulty items located 1st quadrant are riding device, driveline system, controlling device, steering actuator, and fuel system.

Discrete Dispersion Distributed Fiber Optimcla Cable for DWDM System (이산형 분산 분포를 갖는 DWDM 시스템용 광섬유 케이블)

  • Park, Euy-Don;Lee, Dong-Uk;Park, Hae-Young;Kim, Dae-Won;Jung, Yun-C;Son, Hyun;Cho, Yung-Ki
    • The Transactions of the Korean Institute of Electrical Engineers C
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    • v.50 no.10
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    • pp.522-531
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    • 2001
  • A large dispersion value in optical fiber cable should be maintained to suppress the nonlinear effect induced distortion for the narrow channel spaced DWDM system while small value of dispersion is needed for high bit rate transmission. To meet these two requirement simultaneously, dispersion distribution control method during the cabling process was exploited. And dispersion distribution cable was fabricated by the way of designing alternation sections in single cable piece with standard single mode fiber(SSMF) and newly developed negative dispersion fiber(NDF). It is shown that the discretely dispersion varying cable along the axis keep the same average dispersion value of an entire cable length as that of nonzero dispersion shifted fiber(NZDSF) with 3.6 ps/km/nm while the local dispersion is around 17 ps/km/nm of absolute value. Moreover, the developed cable had good optical and mechanical properties and the feasibility of this cable for practical use was confirmed.

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A Ubiquitous Service Framework for Efficient Organizational Information Management (효율적인 기관 정보 관리를 위한 유비쿼터스 서비스 구조에 관한 연구)

  • Hwang Kwang-Il;Eom Doo-Seop;Hur Kyeong
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.31 no.9B
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    • pp.821-828
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    • 2006
  • In this paper, we introduce a concrete, practical Ubiquitous Organizational Information (UOI) service framework, providing novice users intelligent and useful services respecting the environment. The UOI framework consists of hierarchical network architecture and is based on distributed sensor networks. To provide a rich array of services, the modular software framework and foundation software is designed. The UOI framework and foundation software is implemented on our hardware prototype. We define three representative UOI services and illustrate each service flow operating in our UOI network. In addition, we describe some details in the implementation of a distributed UOI network on the UOI test-bed.

The Perceptions of Korean English Teachers toward Native English Teachers (한국에 근무하는 영어 원어민 교사에 대한 국내 영어교사의 인식에 관한 연구)

  • Kang, Mun Koo
    • The Journal of the Korea Contents Association
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    • v.13 no.10
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    • pp.615-623
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    • 2013
  • The study is conducted as basic research to verify professional expertise and abilities of native English teachers who are teaching in Korea in objective and scientific ways. It aims to introduce a qualification certificate system which seeks to measure qualification by abilities, and to boost professionalism and morale, and finally, contributes to reinforcement of public English education in Korea. Therefore, this basic study is on the 'Practical use of native English teachers and general analysis.' The study seeks to evaluate the management system of English native teachers and find ways to improve it. Also, it is expected that this research would practically contribute to the development of Korean English education.

Cloud-based Satellite Image Processing Service by Open Source Stack: A KARI Case

  • Lee, Kiwon;Kang, Sanggoo;Kim, Kwangseob;Chae, Tae-Byeong
    • Korean Journal of Remote Sensing
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    • v.33 no.4
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    • pp.339-350
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    • 2017
  • In recent, cloud computing paradigm and open source as a huge trend in the Information Communication Technology (ICT) are widely applied, being closely interrelated to each other in the various applications. The integrated services by both technologies is generally regarded as one of a prospective web-based business models impacting the concerned industries. In spite of progressing those technologies, there are a few application cases in the geo-based application domains. The purpose of this study is to develop a cloud-based service system for satellite image processing based on the pure and full open source. On the OpenStack, cloud computing open source, virtual servers for system management by open source stack and image processing functionalities provided by OTB have been built or constructed. In this stage, practical image processing functions for KOMPSAT within this service system are thresholding segmentation, pan-sharpening with multi-resolution image sets, change detection with paired image sets. This is the first case in which a government-supporting space science institution provides cloud-based services for satellite image processing functionalities based on pure open source stack. It is expected that this implemented system can expand with further image processing algorithms using public and open data sets.

Effect of temperature on the development of the Common Grass Yellow, Eurema hecabe

  • Kim, Seonghyun;Park, Haechul;Park, Ingyun
    • International Journal of Industrial Entomology and Biomaterials
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    • v.31 no.2
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    • pp.35-39
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    • 2015
  • The developmental responses of insects to temperature are important considerations in gaining a better understanding of their ecology and life histories. Temperature-dependent phenology models permit examination of the effects of temperature on the geographical distributions, population dynamics, and management of insects. Measurements of insect developmental and survival responses to temperature pose practical challenges that depend on the chosen modality, variability among individuals, and high mortality rates near the lower and upper threshold temperatures. Different temperature levels can significantly affect larval development of Eurema hecabe. The development of E. hecabe reared on leaves of Lespedeza cuneata was investigated at three temperature regimes (20, 25, and 30℃), a relative humidity of 60%, and a light:dark photoperiod of 14:10 h. The developmental time from larva to adult was 34.3, 20.6, and 17.9 d at temperatures of 20, 25, and 30℃, respectively. Pupal rate was 47.6%, 47.6%, and 61.9% at temperatures of 20, 25, and 30℃, respectively. The developmental threshold temperature estimated from larva to pupae was 8.1℃ with 381.7 degree-days. There is an increasing need for a standardized manual for rearing this butterfly species based on adequate knowledge of its ecology.

Searching for the environmental management plans of Korea paper industry coping with the new climate regime (신 기후체제 협약에 따른 국내 제지산업의 환경경영 방안 모색)

  • Kim, Dong Seop;Sung, Yong Joo
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.48 no.2
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    • pp.75-82
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    • 2016
  • The new climate regime for practical reduction in green house gas(GHG) emissions was launched in Paris at Dec. 2015. The Korea government would make various policies and plans in order to achieve the BAU 37 % emission reduction goals by 2030. In this study, the current situation and the possible corresponding methodology to the GHG emission reduction of Korea paper industry were investigated. Although the GHG emission reduction in KOREA paper industry has been successfully conducted compared with other industries until now, the more efforts for controlling GHG emission would be required to meet the new climate regime. The efficiency of various GHG reduction projects conducted by Korea paper companies was evaluated to find efficient way for GHG reduction. The certified methodologies of the external project based offset systems in Korea GHG emission trading scheme were also reviewed for providing the possible way to develope tailored methodology to the Korea paper industry.

Pollutant Loading Estimates from Watershed by Rating Curve Method and SWMM

  • Jeon, Ji-Hong;Yoon, Chun-Gyeong
    • Korean Journal of Environmental Agriculture
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    • v.19 no.5
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    • pp.419-425
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    • 2000
  • Rating curve method and SWMM (Storm Water Management Model) were applied to estimate pollutant loading from Hwa-Ong watershed in Kyunggi-Do. Rating curves were derived from sampling sites and applied to the whole watershed. SWMM version 4.4 was calibrated by field data of sampling sites and applied to the whole watershed. The pollutant loading estimated by rating curve was slightly higher than the one by SWMM, but the difference was not significant considering diffuse pollution characteristics of wide variation. Land use effect of the subcatchments could not be incorporated logically in rating curve method and difficulty in extrapolation was experienced, therefore, the estimate by rating curve method was thought to be less confident. SWMM was satisfactory in estimation of pollution loading, and its great flexibility worked well to describe complex nonurban land uses. Neither of them could exactly describe complex natural phenomena, but SWMM was preferred in this study due to its flexibility and logical hydrologic processes including land use effects. Use of reasonable watershed model rather than rating curve method for watershed pollutant loading estimate can be more practical and is recommended.

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Assessment of the VOCs Concentration Using GIS Method of Seoul (GIS 기법을 활용한 서울시 VOCs 오염도평가에 관한 연구)

  • Park, Ki-Hark;Chung, Yong;Cho, Sung-Jun
    • Journal of Environmental Impact Assessment
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    • v.10 no.2
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    • pp.135-145
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    • 2001
  • This study was conducted to investigate the practical using of Geographic Information System(GIS) technology which are computer-based systems that are used to store and manipulate geographic information on the air pollution control and management in the macro city. For this study 130 samples were corrected by passive sampler in Seoul (25 distincts) distributed by TM-coordinate during November in 1997 to January 1998, and analysed by GC/MSD for 16 VOCs e.g., toluene, benzene and display using Arc/view GIS(version 3.2, ESRI Inc, U.S.A) for windows. The most VOCs concentration distribution in November, 1997 was higher than that of January, 1998 except benzene and 1,1,2-trichroloethan, bromobenzene. And products of the distribution of VOCs concentration display using GIS technology was effective as well as other display methods(e.g., contouring method, pie or column chart, graduated symbols), especially in mapping and symbolization capabilities for spatial pollutant status evaluation were very effective than other display methods.

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