• Journal of the Korean Institute of Gas
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• v.15 no.1
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• pp.15-21
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• 2011

Cost-benefit analysis (CBA) has been performed in order to decide whether the ILI (in-line inspection) suggested as risk mitigation measure (RMM) from quantitative risk assessment is reasonably practicable. As a result of CBA, we could find out the reasonable intervals of implementation of ILI. In order to assess the benefit, value of preventing a fatality (VPF), which measures value of human life, has been used. The adequate VPF figure of high pressure urban gas pipelines for CBA used in this paper is two billion won. As a result of 2 case studies, we found that the most reasonable intervals of ILI suggested as RMM were 13 years or 15 years.

• Journal of Korea Water Resources Association
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• v.38 no.12 s.161
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• pp.1021-1028
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• 2005

This study purpose to develop simulation model of optimal design condition of urban storm sewer system considering risk. Urban Storm Sewer Optimal Design Model(USSOD) can compute pipe capacity, pipe slope, crown elevation, excavation depth, risk and return cost in the condition of design discharge. Rational formula is adopted for design discharge and Manning's formula is used for pipe capacity. Discrete differential dynamic programming(DDDP) technique which is a kind of dynamic programming(DP) is used for optimization and first order second moment approximation method and uncertainty analysis is also for developing model. USSOD is applied to hypothetical drainage basin to test and verify, which resulted economical and efficient design in urban drainage sewer system.

• Korean Journal of Construction Engineering and Management
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• v.1 no.1 s.1
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• pp.35-44
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• 2000

The major objective of construction process control(CPC) is to provide construction managers with operational information that will help reduce project duration and save project cost. However, the CPC in Korea is being applied to construction projects with some basic problems such as the inconvenience of CPC S/Ws and the process control unconcerned with construction information classification system and computer system to integrate cost and schedule. This study analyzes the present condition of CPC including the basic problems, and then suggests the reform measures in technical and operational viewpoints to reduce construction risk. The focus of study is on the technical improvement for the application of construction information management system applicable to both cost estimating and schedule management.

• International Area Studies Review
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• v.15 no.1
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• pp.315-339
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• 2011

As the Korean economy grows, the brand value of Korean companies such as Samsung, LG and Hyundai Motor has been elevated greatly. Compared to the brand value of Korean companies, Korea's national image is very lowly ranked. In addition Korea's national brand is undervalued compared to economic volume. So, the purpose of this study is to find way to enhance the Korea's national brand in Japanese Market through brand credibility. The results as follows. First, this study find that brand credibility is consist of expertise and trustworthiness in Japanese market. Second Korea national image positive impact on brand credibility. Third, brand credibility positive impact on perceived quality and information cost saving. Finally, brand credibility negative impact on perceived risk. In conclusion, all hypothesis are significant. So these results are very useful to Korea government and Korean companies.

• Environmental Analysis Health and Toxicology
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• v.17 no.4
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• pp.273-284
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• 2002

At present, the health risks associated with the natural radionuclides of ground water have become a concern as potential social problems. However, there are no regulatory actions or control strategies for such risks. Therefore, we have investigated and discussed the risks and associated management strategies for radionuclides in other countries. US EPA has proposed MCL (300 pCi/L) and AMCL (4,000 pCi/L) for radon, and 30 ppb for uranium, 15 pCi/L for gross-alpha and 5 pCi/L for radium as final MCLs. Also, Canada, WHO and European countries have their inherent management levels. Finally, we suggested several criteria for setting guidelines in our countries including exposure related criteria such as geological distribution, occurrence, exposure probability distribution, exposure population and multimedia exposure assessment, acceptable risk, and cost -benefit analysis. The national-scale exposure and risk assessment, and economic analysis should be conducted for producing and aggregating the representative information on these criteria.

• Journal of Navigation and Port Research
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• v.41 no.2
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• pp.71-78
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• 2017

This paper aims to investigate the time-varying systematic risk of the stocks of Korean logistics firms. For this purpose, the period from January 1991 to October 2016 was examined with respect to 21 logistics companies that are listed on the Korea Exchange. The systematic risk of the logistics stocks is measured in terms of the Capital Asset Pricing Model (CAPM) beta for which the sensitivity of a stock is compared to the return changes of the whole market. Overall, the betas of the stocks of the Korean logistics companies are significantly lower than those of the market unity; however, it was revealed that the logistics betas are not constant, but are actually time-varying according to different economic regimes, which is consistent with the previous empirical findings. This finding is robust across different measurements of the logistics betas. In addition, the impact of macroeconomic factors on the logistics betas was examined. The present study shows that the logistics betas are positively associated with foreign exchange-rate changes.

• Journal of the Korean Operations Research and Management Science Society
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• v.28 no.1
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• pp.115-129
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• 2003

This paper Is concerned with a new techno-economic model Ing of ATM based h19h-speed networks. Coupled with advances of technology, the rapid development of new telecommunication services significantly increases the magnitude of risk in making an Investment decision. Naturally, the success of techno-economic modeling depends on how effectively we manage underlying risk factors such as cost and technology To deal with risk factors, we need to rely on modern decision and risk analysis while Implementing mathematical optimization for solving a complex capacity expansion problem of telecommunication systems during the planning period. We provide a case study that will enhance our understanding of the techno-economic analysis for emerging telecommunication systems.

• Proceedings of the Korea Institutes of Information Security and Cryptology Conference
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• 1996.11a
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• pp.65-74
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• 1996

Risk analysis is time-consuming and expensive process〔1〕〔6〕. Automated risk analysis tools have been widely used in industry and government to support decision making process and reduce cost. However, difficulties in materializing impact of threats and fast-changing network environments make analysis process more complicated and less trusted since impacts are relative in network environments. HAWK system is developed to improve the accuracy of analysis result in network-oriented environment. It provides user-friendly environments and considers network environments as primary assets.

• Journal of the Korea Safety Management & Science
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• v.5 no.2
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• pp.11-26
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• 2003

While a number of Korean companies have undergone ceaseless restructuring to survive today's rapidly changing global economy, the brick and mortar industry has been exerting their efforts to enhance the productivity through the development of new products, quality improvement, cost reduction measures. At present, various risk-evaluation measures have been taken in the fields at the discretion of an enterpriser, though, the effective methods enabling quantitative analysis are insufficient. Accordingly, this study is intended to contribute to the synthetic safety manage -ment in the factory fields and to suggest the quantitative -risk-analysis system by introducing such safety-estimation steps as assortment of processes, pre-assessment of risk factors, decision of risks, counter measures against studied risks, establishment of remedies.

• Management & Information Systems Review
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• v.27
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• pp.149-172
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• 2008

Since the 9/11 terror attack, the event which caused supply chain disruption, supply chain security has becomes more important than ever before. Furthermore, such company's logistics strategies conflicting supply chain security as increased global sourcing, JIT manufacturing are increasing supply chain vulnerability. It could burden for global companies to strengthen supply chain security because not only it requires additional investment cost but also changes of companiy's global logistics strategy. However, on the other hand, supply chain visibility and resilience can be improved through supply chain security. In addition, it allows companies to stabilize supply chain structure as well as rapid and flexible response to market demand. The key issue is balancing between efficiency and supply chain security. To do this, identifying risk elements under the supply chain and assessing vulnerability of each supply chain components should be performed before developing efficient supply chain security management system without obstructing supply chain efficiency.