• Title/Summary/Keyword: Value Model

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A Study of the economic impacts of lodging industry on the Koran economy using the input-output model (I-O 분석을 이용한 숙박산업의 경제적 효과)

  • Kim, Un-Joung
    • Management & Information Systems Review
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    • v.20
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    • pp.137-156
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    • 2007
  • This study had an objective to obtain a result of the economic impacts of lodging industry on the Koran economy. Using the input-output model(I-O model), lodging industry sectoral multipliers were derived from the effects of output, income, employment, value added. indirect tax, and import. According to results of this study, estimated economic impacts of the convention industry were $2,950 million in output, $712 million in income, 92,257persons in employment, $1,590 million in value added, $12 million in indirect tax, and $226 million in import sectors.

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A CLV (Customer Lifetime Value) model in the wireless telecommunication industry

  • Hyunseok Hwang;Kim, Suyeon;Euiho Suh
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.187-190
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    • 2003
  • Since the early 1980s, the concept of relationship management in marketing area has gained its importance. Acquiring and retaining the most profitable customers are serious concerns of a company to perform more targeted marketing campaigns. For effective CRM (Customer Relationship Management), it is important to gather information on customer value. Many researches have been performed to calculate customer value based on CLV (Customer Lifetime Value). It, however, has some limitations. It is difficult to consider the churn of customers, because the previous prediction models have focused mainly on expected future cash flow derived from customers'past profit contribution. In this paper we suggest a CLV model considering past profit contribution, potential benefit, and churn probability of a customer. We also cover a framework for analyzing customer value and segmenting customers based on their value. Customer value is classified into three categories: current value, potential value and customer loyalty. Customers are segmented according to the three categories of customer value. A case study on calculating customer value of a wireless communication company will be illustrated.

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The Effects of Shareholders' Rights, Disclosures, and Transparency on Firm Value

  • SUMATRIANI, Sumatriani;PAGULUNG, Gagaring;SAID, Darwis;PONTOH, Grace T.;JAMALUDDIN, Jamaluddin
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.383-390
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    • 2021
  • This study investigates the effect of shareholders' rights, disclosure, and transparency on firm value. This study also investigates whether corporate social responsibility (CSR) is pure moderation or quasi moderation in the effect of shareholders' rights, disclosure, and transparency on firm value. This study's novelty is building a model framework to increase firm value and the role of CSR in increasing firm value. This study used secondary data provided by Indonesia, Malaysia, and Thailand Stock Exchanges. The sample of this study is 142 companies with four years of observations from 2012-2015. Firm value is measured by Tobin's Q. While shareholder's rights, disclosure, and transparency are measured using the ASEAN scorecard. The analysis method used in this study is a fixed effect model using a panel data approach. The result of this study shows that shareholders' rights have a significant positive effect on firm value. However, disclosure and transparency do not affect firm value significantly. In comparison, the CSR disclosure has a moderation effect on the relationship between shareholders' rights and firm value. The CSR disclosure does not have a moderation effect on the relationship between disclosure and transparency and firm value.

A Study on the Impact of Perceived Value of Art Based on Artificial Intelligence on Consumers' Purchase Intention

  • Wang, Ruomu
    • Journal of the Korea Society of Computer and Information
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    • v.26 no.1
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    • pp.275-281
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    • 2021
  • The purpose of this research is to explore what factors affect consumers' purchasing decisions when purchasing artificial intelligence artworks. The research pointed out that in the real shopping model, customer perceived value includes three dimensions: product perceived value, service perceived value and social perceived value. On this basis, an artificial intelligence work purchase decision-making influence model was constructed, and an online survey was attempted to collect data. Through analysis of the reliability, effectiveness and structural equations of SPSS24.0 and AMOS24.0, and scientific verification and analysis, we found that product cognitive value and service cognitive value have a positive impact on consumers' purchase intentions, but social cognition Value has no positive effect on consumers' purchasing intentions.

Modeling for Prediction of Potato Late Blight (Phytophthora infestans) (감자역병 진전도 예측모형 작성)

  • 안재훈;함영일;신관용
    • Korean Journal Plant Pathology
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    • v.14 no.4
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    • pp.331-338
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    • 1998
  • To develop the model for prediction of potato late blight progress, the relationship between severity index of potato late blight transformed by the logit and Gompit transformation function and cumulative severity value (CSV) processing weather data during growing period in Taegwallyeong alpine area, 1975 to 1992 were examined. When logistic model and Gompertz model were compared by determining goodness of fit for progressive degree of late blight using CSV as independent variable, the coefficients of determination were higher as 0.742 in the logistic model than 0.680 in the Gompertz model. Parameters in logistic model were composed of progressive rate and initial value of logistic model. Initial value was calculated in -3.664. The progressive rate of potato late blight was 0.137 in cv. Superior, 0.136 in cv. Irish Cobbler, and 0.070 in cv. Jopung without fungicide sprays. According to in crease of the number of spray times the progressive rate was lowered, was 0.020 in cv. Superior under the conventional program of fungicide sprays, 10 times sprays during cropping season. Equation of progressive rate, b1=0.0088 ACSV-0.033 (R2=0.976), was written by examining the relationship between the parameters of progressive rate of late blight and the average CSV (ACSV) quantifing weather information. By estimating parameters of logistic function, model able to describe the late blight progress of potato, cv. Superior was formulated in Y=4/(1+39.0·exp((0.0088 ACSV-0.033)·CSV).

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Designing an Input Parameters Setting Model for Reducing the Difficulty of Input Parameters Estimations in Cross Impact Analysis (기술상호효과분석의 입력변수 추정 난이도 경감을 위한 입력변수 설정모형의 설계)

  • Jun, Jungchul;Kwon, Cheolshin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.42 no.2
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    • pp.35-48
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    • 2017
  • As the technology convergence paradigm emerges, the need for "CIA techniques" to analyze the mutual effects of technology is increasing. However, since the CIA input parameter estimation is difficult, the present study suggests a "CIA input parameter setting model" to alleviate the difficulty of CIA input parameter estimation. This paper is focused on the difference of measurement difficulty by each scale which expert's estimation behavior was defined as measurement activity quantifying the judgment of future technology. Therefore, this model is designed to estimate the input variable as a sequence or isometric scale that is relatively easy to measure, and then converts it into a probability value. The input parameter setting model of the CIA technique consists of three sub-models : 'probability value derivation model', 'influence estimation model', and 'impact value calculation model', in order to develop a series of models the Thurstone V model, Regression Analysis, etc has been used.

A Study on the Optimum Mix Design Model of 100MPa Class Ultra High Strength Concrete using Neural Network (신경망 이론을 이용한 100MPa급 초고강도 콘크리트의 최적 배합설계모델에 관한 연구)

  • Kim, Young-Soo;Shin, Sang-Yeop;Jeong, Euy-Chang
    • Journal of the Regional Association of Architectural Institute of Korea
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    • v.20 no.6
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    • pp.17-23
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    • 2018
  • The purpose of this study is to suggest 100MPa class ultra high strength concrete mix design model applying neural network theory, in order to minimize an effort wasted by trials and errors method until now. Mix design model was applied to each of the 70 data using binary binder, ternary binder and quaternary binder. Then being repeatedly applied to back-propagation algorithm in neural network model, optimized connection weight was gained. The completed mix design model was proved, by analyzing and comparing to value predicted from mix design model and value measured from actual compressive strength test. According to the results of this study, more accurate value could be gained through the mix design model, if error rate decreases with the test condition and environment. Also if content of water and binder, slump flow, and air content of concrete apply to mix design model, more accurate and resonable mix design could be gained.

A Study on Cost Rate Analysis Methodology of Credit Card Value Proposition (신용카드 부가서비스 요율 분석 방법론에 대한 연구)

  • Lee, Chan-Kyung;Roh, Hyung-Bong
    • Journal of Korean Society for Quality Management
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    • v.46 no.4
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    • pp.797-820
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    • 2018
  • Purpose: It is to seek for an appropriate cost rate analysis methodology of credit card value propositions in Korea. For this issue, it is claimed that methodologies based on probability distribution is more suitable than methodologies based on data-mining. The analysis model constructed for the cost rate estimation is called VCPM model. Methods: The model includes two major variables denoted as S and P. S is monthly credit card usage amount. P stands for the proportion of usage amount at special merchants over the whole monthly usage amount. The distributions assumed for P are positively skewed distributions such as exponential, gamma and lognormal. The major inputs to the model are also derived from S and P, which are E(S) and the aggregate proportion of usage amount at special merchants over the total monthly usage amount. Results: When the credit card's value proposition is general discount, the VCPM model fits well and generates reasonable cost rate(denoted as R). However, it seems that the model does not work well for other types of credit cards. Conclusion: The VCPM model is reliable for calculating cost rate for credit cards with positively skewed distribution of P, which are general discount card. However, another model should be built for cards with other types of distributions of P.

Experimental study on vibration projection of seawater circulation pumps in nuclear power plant

  • Lin Bin;Huang Qian;Zhang Rongyong;Zhu Rongsheng;Fu Qiang;Wang Xiuli
    • Nuclear Engineering and Technology
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    • v.56 no.7
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    • pp.2576-2583
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    • 2024
  • In this paper, the similarity criterion and dimensionless conversion method combined with the elasticity condition and Hooke's law are used to derive the functional relationship of the maximum effective value of the vibration velocity between the prototype pump and the model pump. The seawater circulation pump of a nuclear power plant is used as the prototype pump, and the model pump is obtained by performance conversion and choosing the appropriate scale, and the vibration state of the model pump under different flow rates is measured and analyzed. The vibration data of the model pump through the function relationship to find out the vibration parameters of the prototype model pump, and compare with the vibration data of the seawater circulation pump in reality. It can be seen that with the increase of flow rate, the maximum effective value of the vibration velocity of both model and prototype decreases and then increases, and the relative error is small, the maximum value is 7.7757%. Therefore, it can be considered that the functional relationship of model pump converted to prototype pump derived in this paper can be used to analyze the vibration of the actual seawater circulation pump of coastal nuclear power plant.

A Study On Factors Influencing on Participation Intention of Open Collaboration Platform : Focused on Music Industry (개방형 협업 플랫폼 참여의도에 영향을 미치는 요인에 관한 연구 : 음악산업을 중심으로)

  • Lee, Dongmin;Li, Long;Song, Youngju;Gim, Gwang-Yong
    • Journal of Information Technology Services
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    • v.13 no.1
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    • pp.161-179
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    • 2014
  • Added value of music industry in Korea is not distributed and calculated properly, and this obstacle brings various problems in a creative environment. Meanwhile, a new business model such as Open Collaboration, Crowdsourcing and platform that makes decisions and innovation from external resources has been appeared in commercial area. This new model like a composer delivers to consumers directly through Youtube.com, and multi collaboration is applied to the music industry, and it enables a new type of mechanism for creation, distribution, division, and calculation of music. However there are not enough empirical study of the music market because existing relative researches has been centered around fundamental concepts and application methodologies. This research defines Open Collaboration Platform in the music industry, and studies affecting factors of Participation Intention for example Justice, Information System Quality and Perceived Value. For a survey we apply PLS(Partial Least Square) to analyse Equity, Information System Quality and structural equation between Perceived Value and Participation Intention. Analysis results show Distributive Justice and Procedural Justice affects Platform Trust, and Service Quality, Economical Value and Emotional Value affects Platform Usefulness. Also Platform Trust and Platform Usefulness affects Platform Participation Intention. We discussed academic and practical implication based on research results.