• Proceeding of EDISON Challenge
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• 2016.03a
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• pp.195-202
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• 2016

In this paper, crack detection method using eigen value analysis is presented. Three methods are used: theoretical analysis, finite element method with the cracked beam elements and finite element method with three dimensional continuum elements. Finite element formulation of the cracked beam element is introduced. Additional term about stress intensity factor based on fracture mechanics theory is added to flexibility matrix of original beam to model the crack. As using calculated stiffness matrix of cracked beam element and mass matrix, natural frequencies are calculated by eigen value analysis. In the case of using continuum elements, the natural frequencies could be calculated by using EDISON CASAD solver. Several cases of crack are simulated to obtain natural frequencies corresponding the crack. The surface of natural frequency is plotted as changing with crack location and depth. Inverse analysis method is used to find crack location and depth from the natural frequencies of experimental data, which are referred by another papers. Predicted results are similar with the true crack location and depth.

• Convergence Security Journal
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• v.15 no.1
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• pp.37-47
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• 2015

This study aims at exploring effects of airport special guard's security service value on customers' satisfaction and customers' loyalty. Users of airport facilities located in Incheon were selected as the population in Jun. 2013 and the sample was extracted using cluster random sampling and 460 people were used for a final analysis. The questionnaire used for the study was composed of total 22 items including 6 items of socio-demographical characteristics, 6 items of security service value, 6 items of customers' satisfaction and 4 items of customers' loyalty etc. and using SPSSWIN 18.0, factor analysis, reliability analysis, multiple regression analysis, path analysis etc. were used. The credibility of the questionnaire was indicated to be over ${\alpha}$=.809. The findings are as follows. First, security service value has an effect on customers' satisfaction. if monetary value is enhanced, satisfaction with service composition is high. second, security service value has an effect on customers' loyalty. If monetary value and time value are enhanced, will of continuous use and will of recommendation of others are high. Third, customers' satisfaction has an effect on customers' loyalty. If satisfaction with service composition and satisfaction with use decision are increased, will of continuous use and will of recommendation of others are high. Fourth, airport special guard's security service value has a direct and indirect effect on customers' satisfaction and customers' loyalty. That is, it means customers' satisfaction is an important variable to mediate security service value and customers' loyalty.

• Journal of Information Technology Applications and Management
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• v.9 no.3
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• pp.79-95
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• 2002

As the budget size and complexity of 1T investment are growing, IT value measurement becomes more critical to the success of IT management In public organizations and private firms. It has been known that there are many factors such as IT costs, risks, qualify, and usage that should be taken Into consideration during the process of measuring IT value and making IT Investment decisions. However, little research has been done so far In order to analysis factors affecting the IT value and effectiveness. The purpose of this study Is to Investigate the impact of IT Project types and ownerships on IT value evaluation. The three research questions are as follows : (1) Does IT project type such as transactional, Informational, and infrastructure have any impact on 1T value measurement\ulcorner (2) Does the IT development ownership has any Impact on IT value\ulcorner (3) Does the IT operation ownership has any impact\ulcorner The empirical research was done at S-Electronics, world-wide known and the biggest manufacturing company in Korea, based on the method of structured interview. About 200 individual Information systems have been evaluated to calculate ROI measures, the dependent variable In this study. The results of statistical analysis show that two of three Independent variables, IT project types and IT development ownership, have statistically significant effects on IT value in terms of ROI measures.

• Korean Journal of Agricultural Science
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• v.43 no.3
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• pp.481-495
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• 2016

Lily, which is one of Korea's main flower exports, is one of the most important agricultural product in the country. Korean lily farmers have difficulty earning more profit from producing lilies, because of the high cost of lily bulbs. Most lily bulbs used in Korea are imported from the Netherlands. Thus, the Korean government has kept trying to supply more and better Korean lily bulbs. However, many experts have questioned the efficiency and economic value of the Korean lily production system. The purpose of this paper is to analyze the economic value of the production of lily bulbs in Korea. Especially, this study evaluates the economic value of the production systems of Korean lily bulbs and compares the results from several cases. The results of the present study presents some useful findings, as follows: first, two Korean production areas (Gangneung and Jeju) show a positive economic value but one Korean production area (Taean) presents problems causing a negative economic value. Second, the Korean production area in Vietnam currently has trouble in the view of economic value but will likely overcome that problem. Third, the production area in the Netherlands shows the best economic value. Thus, Korean lily bulb producers need to benchmark that system.

• Health Policy and Management
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• v.28 no.1
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• pp.77-86
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• 2018

Background: The purpose of this study is to emphasize the importance and necessity of the government's old-age preparation service by measuring the economic value of the old-age service and the policy direction and policy implications of the government's old-age preparation service project. Methods: Contingent Valuation Method (CVM) was used as an analytical method. CV methodology was used to calculate the Willingness to pay (WTP) for old-age preparation service and its value was estimated and the economic benefit of the project was estimated. Results: As a result of the analysis, the average monthly payment amount for the old service was calculated as 5,100 won, and the annual average payment amount was estimated to be 61,197.1 won. Conclusion: The present value of the benefit for 10 years with the discount rate of 5.5% is 484,651 won. Based on the value of peruser benefit, the total benefit value calculation result of the old-age preparation service considering the Willingness to pay for the next 10 years shows that the total benefit value of the old service, which occurs during the period from 2016 to 2025(10 years) was estimated at 415.1 billion won. As a result of calculating the benefit for each scenario, the present value of basic service is higher in all scenarios than the linked service.

• Advances in concrete construction
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• v.10 no.6
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• pp.527-536
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• 2020

In this study, a process is proposed to calculate analytical correction values for the vertical shortening of all columns on all floors in a high-rise building that minimizes the error between the structural analysis predictions and values measured during construction. The weight ratio and the most probable value were accordingly considered based on the properties of the shortening value analyzed at several points in each construction stage and the distance between these measured points and unmeasured points at which the shortening was predicted. The effective range and shortening value normalization were considered using the column grouping concept. These tools were applied to calculate the error ratio between the predicted and measured values on a floor where a measured point exists, and then determine the estimated error ratio and estimated error value for the unmeasured point using this error ratio. At points on a floor where no measured point exists, the estimated error ratio and the estimated error value were calculated by applying the most probable value considering the weight ratio for the nearest floor where measured points exist. In this manner, the error values and estimated error values can be determined at all points in a structure. Then, the analytical correction value, defined as this error or estimated error value, was applied by adding it to the predicted value. Finally, the adequacy of the proposed correction method was verified against measurements by applying the analytical corrections to all unmeasured points based on the points where the measurement exists.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.4
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• pp.863-873
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• 2021

The purpose of this research is to examine the effect of family share ownership on the value of family companies and differences in the value of the firm - a family firm managed by family members and a family firm managed by non-family members. This research is also related to agency problems, namely share ownership and professional management can increase company value. This research uses the firm value as the dependent variable that is measured using Tobin's Q. Meanwhile the independent variable in this research is family ownership, and firm size is the control variable. The purposive sampling method was used to determine the sample for this research. The object of this research is 78 family companies listing on the Indonesian Stock Exchange in 2017. The hypothesis is tested by using multiple linear regression analysis which meets the analysis requirements test or classic assumption test. The results show that majority family ownership does not affect the value of the firm and there is no difference in the firm value of family firm led by family members and the firm value of family firm managed by non-family members.

• Asia-Pacific Journal of Business
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• v.12 no.3
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• pp.71-85
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• 2021

Purpose - Prior studies have found that the characteristics of managers, corporate governance structure, corporate social responsibility and so on affect firm value. This study explores whether managerial overconfidence affects firm value through empirical analysis. Design/methodology/approach - Korean-listed non-financial companies from 2011 - 2017 are collected as the research sample. Firm value is measured by Tobin's Q, and managerial overconfidence is measured using a composite index encompassing various financial data. OLS and fixed effect model are used to investigate the relationship between managerial overconfidence and firm value. Findings - Managerial overconfidence is positively associated with firm value. Additional analysis reveals the following: (1) In the three subsamples of large, backbone, and small- and medium-sized enterprises, managerial overconfidence is beneficial to firm values. (2) Managerial overconfidence increases firm value on the t+1 year. Research implications or Originality - We use a comprehensive index with higher trust and feasibility to measure manager overconfidence and empirically confirm that managerial overconfidence can become a factor to improve firm value. Thus, it is necessary for shareholders to adopt an objective and neutral attitude and reasonably understand the psychological characteristics of managers when selecting CEOs. In addition, it is necessary to continue to optimize the measurement method of managerial overconfidence.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.16 no.12 s.117
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• pp.1244-1251
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• 2006

The objective of this paper is to get excitation forces of the engine at each of the brackets for the prediction of the vehicle interior noise by the powertrain. A powertrain geometry model is produced by CATIA and its FE model is made by MSC/Patran. A vibration mode analysis and a running mode analysis are experimentally implemented. After getting a satisfied MAC value by doing a correlation about a measured mode analysis value and analyzed value through MSC/Nastran software, all components are assembled through MSC/ADAMS software which is a dynamic analysis tool. We can predict the vibration of brackets which is the last points to occur the force of the engine combustion by analyzing the combustion force produced by engine mechanism.

• Korean System Dynamics Review
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• v.7 no.2
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• pp.57-80
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• 2006

Nuclear technology made a great contribution to the national economy and society by localization of nuclear power plant design, and by stabilization of electricity price, etc. It is very important to conduct the retrospective analysis for the nuclear technology contribution to the national economy and society, but it is more important to conduct prospective analysis for the nuclear technology contribution. The term "technology value" is often used in the prospective analysis to value the result of technology development. There are various definitions of technology value, but generally it means the increment of future revenue or the reduction of future cost by technology development. These technology valuation methods are widely used in various fields (information technology or energy technology, etc). The main objective of this research is to develop valuation methodology that represents unique characteristics of nuclear power technology. The valuation methodology that incorporates market share changes of generation technologies was developed. The technology valuation model which consists of five modules (electricity demand forecast module, technology development module, market share module, electricity generation module, total cost module) to incorporate market share changes of generation technologies was developed. The nuclear power technology value assessed by this technology valuation model was 3 times more than the value assessed by the conventional method. So it was confirmed that it is very important to incorporates market share changes of generation technologies. The valuation results of nuclear power technology in this study can be used as policy data for ensuring the benefits of nuclear power R&D (Research and Development) investment.