• Membrane and Water Treatment
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• v.1 no.1
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• pp.75-81
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• 2010

The aim of this work is to analyse and discuss the use of the Economic Evaluation and of some new "metrics" for an appropriate valuation of membrane operations in the logic of Process Intensification. In particular, the proposed approach has the goal to show how the utilized indicators can drive to the choice of the most convenient process. Although in this work the planned procedure is applied, as a case study, to the membrane-based systems for boron and arsenic removal from waters, the suggested approach can be generally applied to any other process of interest.

• Journal of Technology Innovation
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• v.13 no.1
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• pp.73-89
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• 2005

As a scientific educational facility, the role of science museum has been enlarged. However there are few study to evaluate the public value of science museum. This paper applies a conjoint analysis to measuring the public value of science museum. At first, this paper chose the attributes of science museum and derived the marginal willingness to pay, As a result, the choice works for selecting a preferred option among three alternatives were within respondents' ability and the derived marginal willingness-to-pay estimates were statistically different from zero. This paper contributes to complementing the existing valuation methods by estimating the attributes of science museum and providing policy-makers with useful methodological framework and quantitative information in the decision-making process related to the policy of cultural facilities.

• Knowledge Management Research
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• v.9 no.4
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• pp.113-125
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• 2008

Net present value (NPV) and return on investment (ROI) are commonly used to evaluate investment in new technologies. Sometimes, however, measuring the value of investment in new IT becomes very difficult due to its wide scope of application coupled with embedded options in its adoption. Therefore, comprehensive but easily understandable methodologies are needed to solve the complicated problems resulting from the complexity of new technologies. This paper employs a real option analysis to evaluate RFID adoption in the supply chain. Real options analysis should be a better way to evaluate a disruptive technology like RFID. However, the pure (probabilistic) real option rule characterizes the present value of expected cash flows and the expected costs by a single number, which is not realistic in many cases. To solve the problem, this paper considers the real option rule in a more realistic setting, namely, when the present values of expected cash flows and expected costs are estimated by trapezoidal fuzzy numbers.

• ETRI Journal
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• v.24 no.1
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• pp.56-64
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• 2002

This paper investigates how market participants react to mergers and acquisitions (M&As) involving telecommunications companies. The empirical evidence suggests that such activities convey bad news to the market. This is consistent with the synergy trap hypothesis and extant empirical findings of value-reducing diversification strategies in recent literature. The evidence also indicates that a cross-border, rather than a domestic M&A deal, is the main driver of the negative market reaction. Further, our evidence of negative impacts on the bidder's business after an M&A reinforces our main finding that market participants, on average, perceive M&A activities to be detrimental to shareholder value. This suggests that value creation or synergy through an M&A deal is not warranted even though it can generate an increase in size of the firm.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.9 no.1
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• pp.87-92
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• 2010

Micromachining technology using a ultra-precision micromachining system is widely applied in the fields of optics, biotechnology and analytical chemistry, etc. specially in microfabrication of fresnel lens, light guide panels of TFT-LED and PDP ribs with micro-patterns, machining errors have an effect on the performance of those products. The deflection of tool and tool holder is known to be one of the very important factors that is due to machining errors in micromachining. The deflections of diamond tool and tool holder used in micro-grooving are analysed by FEM. We analysed by FEM. With an linearity valuation of FEM, deflection of tool and tool holder is calculated by using the data of cutting force which is acquired from micro-V groove machining experiments in micromachining system.

• Journal of Information Technology Services
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• v.8 no.3
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• pp.67-81
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• 2009

This study aims to test the valur relevance of development cost particularly focusing on IT firms of KOSDAQ. Test period is from 2005 to 2007 and the samples are 2,271 year-firms including 1,692 firms that reported development cost in financial statements. The basic test model is a modified Ohlson(1995)'s linear model. The empirical results show that there is the negative relation between stock price and development cost reported as asset. It means that development costs reported as asset is considered as expense in the market. It implies that development activities of KOSDAQ IT firms is not related to market-leading technologies or goods. Otherwise it might reflect the conservative valuation of market on the unstability of KOSDAQ market itself.

• Transactions of the Korean Society of Machine Tool Engineers
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• v.18 no.2
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• pp.234-240
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• 2009

In this study, we found that it is important to have a specific management of standards which are the $12{\pm}3{\mu}m$ of plating thickness and $2{\pm}1%$ of tuning. To verify these standards, we checked the plating thickness and density of tuning through marginal valuation of each and checked size of a plating particle, adhesion of solder and condition of reflow after a section chief.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2005.11a
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• pp.33-38
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• 2005

It is applied in the high quality equipment construction by introduction of this high duality treating technology (ozone treating, activated carbon treating, high quality oxidation treating, UV treating etc.)waterproofing or corrosion proof method caused secondary economy damage of operation discontinuance and high quality treating equipment for applying existent waterproofing method that corrosion proof ability (ozone resistance performance, chemical resistance etc.) and abrasion resistance performance by comprehension insufficiency of user and designer. Therefor, In this study, we will analyze problem of waterproofing and corrosion material of existing construction application by high quality treating, and measure physical performance change by various condition. It is required to waterproofing and corrosion system and application of the field valuation.

• Communications of the Korean Mathematical Society
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• v.38 no.1
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• pp.11-19
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• 2023

Let 𝓗₀ be the set of rings R such that Nil(R) = Z(R) is a divided prime ideal of R. The concept of maximal non φ-chained subrings is a generalization of maximal non valuation subrings from domains to rings in 𝓗₀. This generalization was introduced in [20] where the authors proved that if R ∈ 𝓗₀ is an integrally closed ring with finite Krull dimension, then R is a maximal non φ-chained subring of T(R) if and only if R is not local and |[R, T(R)]| = dim(R) + 3. This motivates us to investigate the other natural numbers n for which R is a maximal non φ-chained subring of some overring S. The existence of such an overring S of R is shown for 3 ≤ n ≤ 6, and no such overring exists for n = 7.

• Ocean and Polar Research
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• v.33 no.2
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• pp.149-157
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• 2011

As tourist are becoming increasingly environmentally conscious, government and related companies need to establish policies or strategies that encourage ecotourism. The aim of this study is to analyze individual preferences and estimate shadow prices, namely, willingness to pay for coastal wetland ecotourism. This study applies a contingent choice method to measuring marginal WTP for each attribute (tour duration, number of visitors, guide, program) of coastal wetland ecotourism. The finding herein contribute to complementing the valuation methods by estimating various attributes of coastal wetland ecotourism and providing policy-makers with useful methodological framework and quantitative information in the decision-making process related to ecotourism.