• Title/Summary/Keyword: Strategic Operation

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Mechanical and Electrical Performance of Anode-Supported Solid Oxide Fuel Cells during Thermal Cyclic Operation (열 사이클에 따른 고체산화물 연료전지의 기계적 및 전기적 특성)

  • Yang, Su-Yong;Park, Jae-Keun;Lee, Tae-Hee;Yu, Jung-Dae;Yoo, Young-Sung;Park, Jin-Woo
    • Journal of the Korean Ceramic Society
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    • v.43 no.12 s.295
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    • pp.775-780
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    • 2006
  • Mechanical and electrical performance of anode-supported SOFC single cells were analyzed after thermal cyclic operation. The experiments of thermal cyclic cell-operation were carried out four times and performance of each cell was measured at different temperatures of 650, 700, and $750^{\circ}C$, respectively. As increasing the number of thermal cycle test, single cells showed poor I-V characteristics and lower 4-point bending strength. The anode polarization was also measured by AC-impedance analysis. The observation of the microstructure of the anodes in single cells proved that the average particle size of Ni decreased and the porosity of anode increased. It is thought that the thermal cycle caused the degradation of performance of single cells by reducing the density of three-phase boundary region.

Portfolio Decision Model based on the Strategic Adjustment Capacity: A Bionic Perspective on Bird Predation and Firm Competition

  • Mao, Chao;Chen, Shou;Liu, Duan
    • Journal of Distribution Science
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    • v.13 no.1
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    • pp.7-18
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    • 2015
  • Purpose - This study integrates a corporate competition system with a bird predation system to examine how organizational strategic adjustment capacity influences firm performance. By proving the prominent effects on performance, a financial vector is constructed to represent corporate strategic adjustment results, and an operation capacity vector is constructed, which can be categorized as a parameter for locating birds. All these works help us to propose a new method of investment, the portfolio decision model based on the strategic adjustment capacity. Research design, data, and methodology - Strategic adjustment capacity can be decomposed into three aspects: the organizational learning capacity from the top firms, the extent to which firms maintainor rely on the best operational capacity vector in history, and the ability to eliminate the disadvantages or retain the advantages of the operation capacity vector from the previous year. The method of solving cyclic equations is designed to evaluate strategic adjustment. Firms manufacturing specialized equipment are chosen to test the effects of the strategic adjustment capacity on three aspects of firm performance. Results - There is a positive correlation between the capacity to learn from the best firms and performance improvement. The relationship between the dependence or maintenance of a firm's advantages and performance improvement is a U-shape curve, and there is no significant effect of inertial control on performance improvement. Conclusions - A firm's competition system is a sophisticated adaptation, and competitive advantage and performance can be investigated based on the principles of competition in nature.

A Study on the Effect of Industrial-Academic Cooperation Operating System on Corporate Performance: Focused on Corporate Management Awareness, System Buildup, and Strategic Operation (산학협력 운영시스템이 기업성과에 미치는 영향 연구: 경영인식과 시스템구축, 전략운영을 중심으로)

  • Park, Roh Gook
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.5
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    • pp.49-59
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    • 2021
  • This study researched the relationship of effect of management awareness of corporate members, system buildup and strategic operation on corporate performance through industry-university collaboration networking. The result of the study are as follows. First, as the importance of industry-university collaboration, system buildup networking was proved to provide the greatest influence on the corporate performance. Second, it presents to form the bond of sympathy with members on corporate management which is built through industry-university collabora-tion. Third is the importance of strategic operation. Strategic operation was prove to have high influence on corporate performance. Fourth is to prove the relationship between system buildup and strategic operation of industry-university collaboration networ- king. The system buildup provides an important impact on corporate strategic operation. Fifth is the system buildup through management awareness by through industry-university collaboration. Lastly, the relationship between management awareness and corporate performance was found to be significant. Management awareness of members can be presented as an important variable on corporate performance. This study is to present the fact that it is important to secure competitiveness of small and medium-sized businesses, to develop a way for creative improvement and to secure a way for strengthening the competitiveness, and to strengthen the corporate competitiveness through reinforcement of industry- university collaboration networking.

A Study on Application of Real Option for Strategic Response to Uncertainty in Hotel Development Project (호텔개발사업의 불확실성에 전략적으로 대응하기 위한 실물옵션 적용 연구)

  • Kwon, Tae-In;Lee, Sang-Hyo;Kim, Jae-Jun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.10 no.2
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    • pp.5-12
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    • 2010
  • Unlike housing development project that can ensure profit by selling built units, a hotel development depends on long-term business operation to be profitable due to characteristics of service industry. The expected cash flow has substantial uncertainty depending on room occupancy rate and room charge. Thus, even after construction is complete, business risk tends to rise. It is necessary to ensure strategic response to uncertainty in future value of a hotel. The objective of the study is to explore strategic measures to deal with risk and uncertain future value in hotel development project by adopting abandonment option, which is a type of real options. The case in analysis had sevenyears of project period: Two years for construction, and five years for operation; a plan was made to sell the hotel after five years' of operation. For the research purpose, option value ofrecoverable investment amount was estimated, and value of abandonment option was KRW 124.921 billion. When abandonment option is applied, the project value was deemed to be KRW 120.592 billion. Generally, the amount of loss is enormous when a real estate project like a hotel development fails, and therefore, application of option is expected to be an effective measure to leverage uncertainty of a project.

A Simulation Model for Improving the Productivity of Container Handling in the Container Terminal

  • Park, Nam-Kyu;Lee, Sang-Wan;Park, Hyung-Rim;Kwon, Hae-Kyoung
    • Journal of Navigation and Port Research
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    • v.28 no.4
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    • pp.285-291
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    • 2004
  • The productivity of container terminal is determined by its various operation methods. This paper aims at finding out the factors to enhance the productivity of container handling of quay crane, using simulation technique. Three levels of decision making in terminal operation, strategy, and tactics and operation are selected for defining parameters of simulation The result of the simulation and test shows that the significant factors to improve the productivity are the stack height of container, block dispersion and the distance in yard planning for shipment. Decision making in the operation level, however, is of significance in the mixed condition of strategic and tactical level. The result shows meaningful guidelines in decision making under strategic, tactical and operation level.

A Study on the Operation Plan of Multi-layered Defense Interceptor Missiles considering the Korean Missile Defense System and the Strategic Strike System (한국형 미사일 방어체계 특성과 전략적 타격체계 효과를 고려한 다층방어 요격미사일 운용방안 연구)

  • Seo, Minsu;Ma, Jungmok
    • Journal of the Korea Society for Simulation
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    • v.30 no.1
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    • pp.31-42
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    • 2021
  • In order to respond to the ballistic missile threat of North Korea, the ROK military is constructing a multi-layered defense that can minimize the vulnerability of single-layered defense. Accordingly, it is necessary to study an operation plan which can maximize the intercept rate of a multi-layered defense system. And to study the operation plan of the Korean missile defense system, it must be considered that the operational environment of the Korean military and the effects of the strategic strike system. Therefore, this study proposes a simulation model that reflects the characteristics of the Korean missile defense system and analyzes four interceptor missile operation plans. The simulation result indicates that a high intercept rate can be achieved in various situations by comprehensively considering the ballistic missile threat estimate, interceptor missile reserve, and the strategic strike system effect.

A Study on Risk Management for Export Control on Strategic Trade in Supply Chain Management

  • Roh, Tae-Hyun;Park, Jin-Hee
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.709-718
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    • 2013
  • In this study, AHP analysis was conducted through a survey that was organized by 9 job categories. The results show that sustainable operation risks have the highest priority level among all criteria with management interest having the highest priority level within sustainable operation risks related attributes. The most important risk attributes among stakeholder risks appeared to be asset security and cargo and conveyance security, with education and training being the most important among regulatory risks. Effective management and response to the risks from export controls on strategic trade require an understanding of supply chain security and compliance programs, effective training programs, investments for development of security systems that meet international standards. In addition, the government needs to focus on developing professionals and providing support for companies with compliance programs, working closely with businesses.

Analysis on the Wartime Airlift Capability of Strategic Materials (전시 전략물자 항공수송 능력분석)

  • Lee, Myung-Wo;Lee, Sang-Jin
    • Journal of the military operations research society of Korea
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    • v.32 no.1
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    • pp.36-50
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    • 2006
  • It is required to transport a considerable amount of wartime strategic materials from US to Korea via airlift operation. This study attempts to formulate the wartime airlift operation model and evaluate the airlift capability of mobilized resources, including civil aircrafts. Although an airlift plan has been annually updated by the Korea Transportation Command, it is necessary to evaluate the feasibility through simulation due to uncertainties in the process of airlift operation. Uncertain parameters are as follows; the inter-arrival time of materials in the US airfields, loading and unloading times, the distribution of aircraft's initial location at the time of mobilization order. The simulation is executed under two scenarios and the results are analyzed through a sensitivity analysis. Simulation result shows that the irregularity of inter-arrival time and the number of mobilized civil aircrafts are the most critical factors in influencing airlift capability.

An Empirical Study on the Determinants of Partnership and Performance in the Strategic Alliance between Internet Shopping Mall and Third Party Logistics (인터넷쇼핑몰과 제 3자 물류업체간 전략적 제휴의 파트너쉽 결정요인과 성과에 관한 실증연구)

  • Chang, Myung-Hee;Lee, Dong-Man
    • Information Systems Review
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    • v.5 no.2
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    • pp.109-129
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    • 2003
  • This study is intended to examine how strategic nature of the alliaTnce, characteristics of input resource, communication activities will affect the strategic partnership(trust/commitment) and performance in the strategic alliance between internet shopping mall and the third party logistics. The variables affecting the partnership(trust/commitment) between internet shopping mall and the third party logistics produced the result to prove what I intend to suggest in this study, in verifying four hypotheses such as strategic importance, complementation of resource, quality of communication, share of information. It was found that the partnership have a significant positive influences on the performance of strategic alliance. As most of the domestic Internet shopping malls employ the third party logistics strategically, the implications from this study are as following: First, this study attempts to find out factors influencing partnership(trust/commitment) and the performance of strategic alliances. Second, the results that strategic partnership can build up based on the long term thrust and commitment implies operation and management are important during operation of strategic alliance. Third, this study provides the model of determinants of partnership and performance in the strategic alliance for logistics services which is one of the factors consumers in the Internet shopping mall are most sensitively response to, and quantifies the model through the empirical analysis.