• Title/Summary/Keyword: Valuation System

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A Model of Business Evaluation Index for a Regional Industry (지역 산업구조를 고려한 기업평가지표 모형)

  • Cheong, Hae-Sock;Kim, Byoung-Kuk;Yoo, Woo-Sik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.3
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    • pp.79-86
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    • 2010
  • Causing by economic stagnation and financial management difficulty of the domestic small and medium business company, the actual condition which enlarges the plan of politic funds increased from the government. The government authority as the SBC (small and medium business promotion corporation) evaluates the domestic small and medium business company, and directly executes a governmental politic funds. Financial analysis is a important factor of enterprise evaluation among various valuation bases. However because of applying to the whole domestic manufacturing industry on financial evaluation, Current financial evaluation index effectively cannot reflect the feature of a regional industry. A whole manufacturing industry index considers a standard for the comparison evaluation of domestic manufacturing industry and compares with the other industries and the world-wide nation industry change, But, there is a difference from indexes of corresponding industry in specific regions. This paper proposes a model of evaluation index for the efficient execution of politic funds. We considers three manufacturing industries for proposed model which are shipbuilding, machine tool and airline industries in Gyeongsangnam-do region.

Flip Chip Bump 3D Inspection Equipment using White Light Interferometer with Large F.O.V. (대시야 백색광 간섭계를 이용한 Flip Chip Bump 3차원 검사 장치)

  • Koo, Young Mo;Lee, Kyu Ho
    • Journal of the Korean Institute of Intelligent Systems
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    • v.23 no.4
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    • pp.286-291
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    • 2013
  • In this paper, in-line type flip chip bump 3D inspection equipment, using white light interferometer with large F.O.V., which is aimed to be used in flip chip bump test process is developed. Results of flip chip bump height measurement in many substrates and repeatability test results for the bumps in fixed location of each substrate are shown. Test results from test bench and those from developed flip chip bump 3D inspection equipment are compared and as a result repeatability is improved by reducing the impact of system vibration. A valuation basis for the testing quality of flip chip bump 3D inspection equipment is proposed.

A Study on the Improvement Plan of Offset Trade Drive Systems (절충교역 추진체제 개선방안에 관한 연구)

  • Lyu, Kyu-Yeol
    • Journal of the military operations research society of Korea
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    • v.33 no.2
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    • pp.129-150
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    • 2007
  • Most of weapon purchasing countries in the world are using offset trade as an important negotiation means of foreign trade. In particular, Japan and Israel have obtained good results in the new projects and finding a new market for the long run through the offset trade. On the other hand, the USA holds much weight in the aspect of Republic of Korea's record of offset trade performance. However, compared with the record, her achievement known concretely has been evaluated insufficiently. Therefore, we suggest the improvement plans of the offset trade drive systems in this study. So that we analyze foreign countries' priority by offset trade type against the USA, the American offset trade object and priority and the case study of offset trade's post valuation plan. Moreover, we extract management problems of assets and technical materials obtained through the offset trade.

A Study on Strategy aginst Public Oppositon for Unwanted Facilities Siting (기피(혐오)시설 입지에 관한 주민저항의 원인과 그 대책에 관한 연구)

  • 박재홍;박철수;전일수;김승우
    • Journal of the Korean Regional Science Association
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    • v.10 no.1
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    • pp.89-104
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    • 1994
  • Recently, environmental issues have remained high on the agendas of public discussion and economic research. In the case of Korea, democratic movement in the late 80's centered people's concerns on the environmental dispute according to landfill, correctional institution, crematory, and nuclear powerplant, etc., Moreover, the failure to provide these kinds of facilities in time have caused serious social problems associated with environmental protection and economic development. The purposes of this paper are threefolds. First, they organize foreign and domestic NIMBYS case studies which have been settled in a desirable way. The second concern is to analyze the consciousness of NIMBYS resident by making up a questionnaire. Third, they estimate the market values of urban unwanted facilities by employing CVM(Contingent Valuation Method) procedure. The results of the study have a double implication : that NIMBYS resident are reluctant to accept government mechanical compensation based on simple published land values, and that unique concensus to preserve the viability and healthfulness of our environment among three main bodies: residents, people, government is necessary in solving NIMBYS subjects in Korea. In addition, this first implication develops to emphasize the intrduction of releveant measures taken to reconcile NIMBYS disagreement, which are complete openness of government policies, full support of local economic development, and perfect management of pollution protection systems for NIMBYS facilities.

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The Analysis of Web Sites of Textile Exchange of B to B (기업 대 기업간(B to B) 섬유거래 웹사이트 분석)

  • 홍병숙;이은진;이지연
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.1
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    • pp.123-133
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    • 2003
  • The specific objectives of the study were as follows: 1) To investigate the composition system (design, usability and interactivity) of web sites of textile exchange of B to B 2) To examine and valuate contents and marketing (announcement, satisfaction and variety of contents) of web sites of textile exchange of B to B. The data were collected from search engine, portal sites of evaluation, direct contact, interview over the phone with web master of concerned web sites and the result of analytical valuation of web sites. The results of this study were as fellows: 1) The Dongsung trading intended to mainly use their homepage as a inside communication place by intranet network. The Daechang trading was mainly using their homepage as a tool of expansion of their outside export market. The etextiler was selling their web solutions through homepage. The texcom was offering the web place and useful informations to trading companies in Asia. 2) The texcom consisted text with little image to speed up for loading and navigation for usability of users. The Dongsung trading made intranet network for communication and exchange of informations of company inside. The etextiler offered a booking menu to inquiry in homepage. The Daechang trading tried to give good impression from the introduction page at homepage.

The Effect of Meteorological Information on Business Decision-Making with a Value Score Model (가치스코어 모형을 이용한 기상정보의 기업 의사결정에 미치는 영향 평가)

  • Lee, Ki-Kwang;Lee, Joong-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.2
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    • pp.89-98
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    • 2007
  • In this paper the economic value of weather forecasts is valuated for profit-oriented enterprise decision-making situations. Value is estimated in terms of monetary profits (or benefits) resulted from the forecast user's decision under the specific payoff structure, which is represented by a profit/loss ratio model combined with a decision function and a value score (VS). The forecast user determines a business-related decision based on the probabilistic forecast, the user's subjective reliability of the forecasts, and the payoff structure specific to the user's business environment. The VS curve for a meteorological forecast is specified by a function of the various profit/loss ratios, providing the scaled economic value relative to the value of a perfect forecast. The proposed valuation method based on the profit/loss ratio model and the VS is adapted for hypothetical sets of forecasts and verified for site-specific probability of precipitation forecast of 12 hour and 24 hour-lead time, which is generated from Korea meteorological administration (KMA). The application results show that forecast information with shorter lead time can provide the decision-makers with great benefits and there are ranges of profit/loss ratios in which high subjective reliability of the given forecast is preferred.

The Service Evaluation of Connection and Transfer Facilities in the High-speed Railway Stations (고속철도역의 연계환승시설 서비스 수준 평가)

  • Han, Sung-Yoeb;Kim, Kang-Seob;Park, Min-Kyu;Kim, Si-Gon
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.761-772
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    • 2009
  • The introduction of KTX (Korea Train eXpress) provided passengers with a much faster mode of transport, and KTX has become a model railway system. Express railway stations are emphasized as public transit transfer centers, but their service evaluations were not performed appropriately so far. It is possible to know the level of service by developing valuation criteria for their evaluations. The evaluation of transfer centers mainly consists of two parts; connective service with other travel m odes, and transfer service inside transfer stations. Connection is defined as the inter-connection of multi-transportation vehicles, and transfer means that a passenger changes his travel mode to another. Such connective service and transfer service are evaluated by the level of service in terms of transfer facilities, the appropriateness of station layout and the quality of information throughout the facilities. We developed the service evaluation indicators of connective facilities and referred to the indicators of transfer facilities. We examined the 7 stations in Korea that are currently in operation and standardized the methodology of the evaluation process by applying the indicators suggested in this study.

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Study on Visibility of Road Lighting Source in Fog conditions (안개 발생시 도로 조명용 광원의 시인성 연구)

  • Cho, Moon-Sung;Kim, Yung-Kyun;Jung, Kwan-Jin;Lee, Jung-Uk;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.21 no.6
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    • pp.1-7
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    • 2007
  • In this paper, It evaluated visibility about Metal Halide Lamp(MHL), High Pressure Sodium Lamp(HPS) and PLS(Plasma Lighting System) as Road lighting source in fog conditions. To evaluate visibility, it analyzed valuation of subjects about each light sources in special fog conditions. In result, it obtained that High Pressure Sodium Lamp has best visibility in photopic vision and PLS has best visibility in scotopic vision. This result is expected to help about select of Road lighting source.

Estimation of Development Valuation at Marine Tourism complex (해양레저관광단지의 개발가치 추정)

  • Jang, Woon-Jae;Keum, Jong-Soo
    • Proceedings of KOSOMES biannual meeting
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    • 2008.05a
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    • pp.69-74
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    • 2008
  • The aim of this paper is to calculation benefit cost for development of Hwawon leisure & tourism complex. To calculation benefit cost, this paper propose a advanced travel cost method(ATCM) which is to consider Improved travel cost method(ITCM) and variable traffic units with confidence degree cf decision-maker. At the result of calculation, total benefit costs are 292805 million won at 52% of confidence degrees and 10% discount rates.. Also total benefit cost is 304517 million won at 4% of GDP growth rate is 4%.

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Economic Feasibility of Culture Using the Copper Alloy Net Cage and the Profit Model of Fish Farm on Yellowtail, Seriola quinqueradiata (동합금 가두리망 방어양식의 경제성과 수익구조)

  • Hwang, Jin-Wook
    • The Journal of Fisheries Business Administration
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    • v.52 no.2
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    • pp.33-54
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    • 2021
  • This study is aimed to analyze the economic feasibility of yellowtail culture using the copper alloy net cage in Gyeongsangbuk-do. First of all, in order to evaluate the copper alloy net cage on yellowtail culture, I review the trend on the yellowtail culture industry and research the concept of copper alloy net cage. The copper-alloy net cage is now recognized as an advantages of its system stability, recycling, antibiosis and food safety. The results were summarized as follows: first, there was significant meaning of the profit model of yellowtail culture by the price difference. Second, I analyzed in the economic feasibility of yellowtail culture using the copper alloy net cage, internal rate of return (IRR) was 51.58%, a benefit-cost ratio was shown to be 2.27 and net present value (NPV) was 1,087,337 thousand won, which indicates the economic feasibility of yellowtail culture using the copper alloy net cage is profitable. Finally, in order to improve the economic valuation, it is necessary to focus more on the developing of technology and cost reduction strategy on the copper alloy net cage.