• Proceedings of the Korean Statistical Society Conference
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• 2004.11a
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• pp.105-110
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• 2004

Decision Analysis(DA) using Value Focused Thinking(VFT) can be an excellent process to deal with hard decisions. The intent of this research is to provide better understanding of the United States Air Force(USAF) officer retention problem. This thesis effort involves building a VFT model to find out more effective alternatives in retaining pilots and non pilots. This model, in conjunction with the results of the post analysis, shows an example of the application of a VFT approach to the USAF officer retention problem.

• Journal of the Korean Society for information Management
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• v.7 no.1
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• pp.59-67
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• 1990

The spectrum of values stretches from intrinsic value to practical value, consisting of exchange value and use value. Because of its own nature and perspective in assessing information, there are some problems of assessing its value. As a framework of assessing value of lnformation, Taylor developed the value-added model of information. Although the model has sl~ortcomings which do not apply measures and scales to mformation value, it can be a framework in assessing the value of mformation.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.12
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• pp.372-383
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• 2017

This paper attempted to verify that Investigative Enterprising(IE) axis in the Holland hexagonal model can measure the internal and external job value. This study analyzed internal and external job values of 19 subjects who participated in the 150 Job cards classification test. The results of this study are as follows: First, the study group with Holland hexagonal model centered on the Investigative Enterprising type(IE) axis and artistic type(A) and social type(S) showed internal job value and supported the hypothesis. Second, the hypothesis that the group with the hexagonal model centered on the Investigative Enterprising(IE) axis and the bias toward the realistic type(R) and the conventional type(C) would pursue external job value was rejected. This is due to the Korean cultural context that pursues psycho-cultural value in Confucian culture. There is also a Holland hexagonal model that is not exactly distributed to the left of the Investigative Enterprising(IE) axis. Third, the group of amphibolic job value based on the Investigative Enterprising(IE) axis, and the Holland hexagonal model is expressed in artisic type(A), social type(S), realistic type(R), and conventional type(C) supported some hypotheses. This paper is the first to suggest that the Investigative Enterprising(IE) axis of the Holland hexagonal model can be used to measure job value, and the Holland hexagonal model can predict job value as well as career choice. This paper is intended to expand the foundation of the Holland theories, and to provide meaningful contribution to the basis for vocational studies.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.5
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• pp.365-376
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• 2022

This study aims to look into the causal relationships between corporate social responsibility and firm value, corporate social responsibility and institutional ownership, and firm value and institutional ownership. This study develops a triangle model of causal relationships among the three endogenous variables. Samples for this study are manufacturing companies listed on the Indonesia Stock Exchange for the period 2014-2018. The model is operated in the system of simultaneous equation models using the generalized method of moments technique to estimate parameter coefficients. After controlling the effects of trade-off/balancing capital structure and managerial ownership, the research findings show a positive causal relationship between CSR and firm value and firm value and institutional ownership. Institutional ownership has a positive effect on CSR, while the effect of CSR on institutional ownership is negative in the firms without managerial ownership and positive in the firms with managerial ownership. This study finds that the causal relationship between CSR and firm value is stronger after the trade-off/balancing of capital structure is included in the model. Capital structure has a convex effect on firm value and positively impacts institutional ownership. In addition, an independent commissioner has a negative impact on CSR but has no direct impact on firm value.

• IE interfaces
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• v.25 no.2
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• pp.204-215
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• 2012

Recently, more and more firms are considering the adoption of RFID technology because it is expected to make process automation easier and has many different application areas. A review of existing studies about RFID adoption methodology shows that the most of the proposed methodologies are mainly based on economic evaluations. However, in the near future when the adoption and diffusion of RFID become major forces among business firms, it would surely have some limits to decide its adoption solely on the basis of economic considerations. In order for all the important strategic objectives to be considered during the major decision processes, it is necessary to make explicit what the decision makers really want to achieve from the RFID system. In this paper, we propose a general value model of RFID system which can provide an overall vision of all values RFID adoption may offer and a way to search and evaluate alternatives on the basis of these values. Especially, this model contains not only opportunities but also risks of RFID adoption so that a balanced consideration can be made. The model building process was essentially based on the 'value-focused thinking' approach proposed by R. Keeney. The proposed model is expected to provide insights about what to do in the process of introduction in order to maximize the potential benefits and minimize the negative risks. Referring to this value model, the important decisions would have greater chance to be based on a balanced consideration of opportunities and risks.

• Journal of Digital Convergence
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• v.10 no.11
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• pp.403-418
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• 2012

In this paper, we attempted to theorize the synergy effect between the value creating attributes for digital convergence model in the service industry. Our investigation is based upon contingency fit theory to understand the strategic fit for the two inherent value attributes of fixed and mobile value, as well as resolving fundamental limitations of service processes. Empirical validation of the derived research model is analyzed using hierarchical regression method. The results indicate that the relative advantage of each value creating attributes are strongly associated with the characteristics of domain service industries, and compatibility is critical to user adoption of convergent service model. Moreover, the less significant statistical impact of the synergy between mobile and fixed value attributes and others implies that each value attribute uniquely contributes to particular IT convergence model, which thereby offers critical insight that focusing the convergent value in conjunction with specific application domain is the most appealing managerial focus. The findings provide useful insight for the further research in IT based industry convergent business model areas.

• Journal of Digital Convergence
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• v.11 no.12
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• pp.1-10
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• 2013

The value added network service industry has played and important role in the telecommunication service industry and in the economic development of Korea. This study uses input-output analysis to investigate the role of value added network service sector in the Korean national economy for the period 2000, 2005, 2009, focusing on four topics in its application: production inducing effects, value-added inducing effect, employment-inducing effects by demand-driven model and supply shortage effect by supply-driven model, inflation impacts by the Leontief price model, finally analysing inter-industry linkage effects. The results of this study are as follows: production inducing effects analysis 2000 0.5253won to 2009 1.31314won, value-added inducing effects 0.25112won to 0.5337won employment inducing effects from 0.09749 to 0.21025 people grew, the supply shortage effect from 1.29003 to 2.12048won, price impact of Leontief price model was increased from 0.0022% to 0.00258%. Finally, inter-industry linkage effects, appeared to have the characteristics of final demand raw industrial.

• Geotechnical Engineering
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• v.1 no.1
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• pp.73-84
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• 1985

This Paper aims at investigating the distribution of stresses and the displacement of soft foundation layer subject to embankment load by the finite elements method (FEM). The stresses include the volumetric stress, the Pore water Pressure, the vertical stress. The horizontal stress and the shear stress. The Christian-Boehmer's method was selected as technique for FEM and the general elasticity model and modified Cam-clay model as the governing equations under Plain-strain condition depending on drained and undrained conditions. The results obtained are as follows: 1. The volumetric stress is almost consistent with the pore water pressure. This means that the total stress is the same value with the pore water pressure under the undrined condition 2. The vertical stress appears in the same value regardless of the drained or undrained condition and the model of the constitutive equations. 3. The horizontal stress has almost same value with the drain condition model. 4. depending on the constitutive model. The shear stress is affected by both the drain condition and the constitute model. The resulted value by the modified Cam-clay model has the largest. 5. The direction of the displacement vector turns outward near the tip of load during the increasing load. 6. The magnitude of displacement due to the modified Cam.clay model is as twice large as that due to elastic model.

• Journal of Information Technology Applications and Management
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• v.27 no.3
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• pp.69-75
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• 2020

In this paper, we applied the shape parameters of the exponentialized exponential life distribution widely used in the field of software reliability, and compared the reliability properties of the software using the non-homogeneous Poisson process in finite failure. In addition, the average value function is also a non-decreasing form. In the case of the larger the shape parameter, the smaller the estimated error in predicting the predicted value in comparison with the true value, so it can be regarded as an efficient model in terms of relative accuracy. Also, in the larger the shape parameter, the larger the estimated value of the coefficient of determination, which can be regarded as an efficient model in terms of suitability. So. the larger the shape parameter model can be regarded as an efficient model in terms of goodness-of-fit. In the form of the reliability function, it gradually appears as a non-increasing pattern and the higher the shape parameter, the lower it is as the mission time elapses. Through this study, software operators can use the pattern of mean square error, mean value, and hazard function as a basic guideline for exploring software failures.

• Proceedings of the Technology Innovation Conference
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• 1999.12a
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• pp.159-177
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• 1999

Many companies still struggle with the issue of research and development(R&D) performance measurement, in particular, the nonfinancial performance measurement of R&D with coming of knowledge-based society, Of course, we would not deny the fact that financial measures play the central role in assessing the overall performance of R&D, The aim of this paper is to provide the new model to evaluate the quantitative value of technology (nonfinancial benefits). This new model is based on the technology stock(technology level) acquired in R&D process, That is, we take it for granted that the acquired technology below a certain level(<70% compare to the advanced country) can not be utilized in developing the new products or in proving the manufacturing processes, The evaluation model we create can explains the quantitative relation between the technology stock and the market value considering R&D expenditure to acquire the technology above certain level(>70%) and cost to prevent the technology obsolescence. The value of non-destructive testing technology, which is one of the electric Power technology, is measured quantitatively using our new model as a case study, We also discussed briefly the possibility of capitalization of the measured technology value.