• Title/Summary/Keyword: business function

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Quench Protection System for the KSTAR Toroidal Field Superconducting Coil

  • Lee, Dong-Keun;Choi, Jae-Hoon;Jin, Jong-Kook;Hahn, Sang-Hee;Kim, Yaung-Soo;Ahn, Hyun-Sik;Jang, Gye-Yong;Yun, Min-Seong;Seong, Dae-Kyoung;Shin, Hyun-Seok
    • Journal of Electrical Engineering and Technology
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    • v.7 no.2
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    • pp.178-183
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    • 2012
  • The design of the integrated quench protection (QP) system for the high current superconducting magnet (SCM) has been fabricated and tested for the toroidal field (TF) coil system of the Korea Superconducting Tokamak Advanced Research (KSTAR) device. The QP system is capable of protecting the TF SCM, which consists of 16 identical coils serially connected with a stored energy of 495 MJ at the design operation level at 35.2 kA per turn. Given that the power supply for the TF coils can only ramp up and maintain the coil current, the design of the QP system includes two features. The first is a basic fast discharge function to protect the TF SCM by a dump resistor circuit with a 7 s time constant in case of coil quench event. The second is a slow discharge function with a time constant of 360 s for a daily TF discharge or for a stop demand from the tokamak control system. The QP system has been successfully tested up to 40 kA with a short circuit and up to 34 kA with TF SCM in the second campaign of KSTAR. This paper describes the characteristics of the TF QP systems and test results of the plasma experiment of KSTAR in 2009.

A More Comprehensive Approach for Enhancing Business Process Efficiency (BPM에서의 업무효율성 향상을 위한 포괄적 접근법)

  • Rhee, Seung-Hyun;Cho, Nam-Wook;Bae, Hye-Rim
    • The Journal of Society for e-Business Studies
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    • v.12 no.1
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    • pp.73-87
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    • 2007
  • To survive in a global competition, many companies are trying to standardize and visualize Business Process (BP) by implementing Business Process Management (BPM). Recently, enhancing business process efficiency has become one of critical success factors. In this paper, we introduce a two-phase perspective of BP efficiency: Process Engine Perspective (PEP) and Task Performer Perspective (TPP). The former is related to allocation function of BP engine; it is mainly concerned with efficient task allocation to users. The latter phase influences efficiency depending on how users execute tasks assigned to them. Instead of considering each phase separately, we develop a comprehensive method considering the two-phase together, which is more effective for the BP efficiency. We carry out simulation experiment to show the combinational effect of the two phases.

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A Literature Review on Information Visualization of Manufacturing Industry Sector (제조업 분야의 정보시각화 문헌연구)

  • Chang, Tai-Woo
    • The Journal of Society for e-Business Studies
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    • v.21 no.1
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    • pp.91-104
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    • 2016
  • Business intelligence based on the data analysis come into the spotlight. Especially, information visualization of the analysis result is treated significantly. given the interest in big data technologies. Because corporate managers want to use the results of data analysis in the decision-making process and the visualization technology will give help with cognitive function and operation function. In this paper, the status of information visualization is reviewed and analyzed from the viewpoint of manufacturing service. Several implications are drawn and it is expected that they will help to developers and administrators of manufacturing sector who want to adopt information visualization applications.

Using the Hierarchical Linear Model to Forecast Movie Box-Office Performance: The Effect of Online Word of Mouth

  • Park, Jongmin;Chung, Yeojin;Cho, Yoonho
    • Asia pacific journal of information systems
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    • v.25 no.3
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    • pp.563-578
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    • 2015
  • Forecasting daily box-office performance is critical for planning the distribution of marketing resources, and by extension, maximizing profits. For certain movies, the number of viewers increases rapidly at the beginning of their theatrical run, and the increments slow down later. Other movies are not popular in the beginning, but the audience sizes grow rapidly afterward. Thus, the audience attendance of movies grow in different trajectories, which are influenced by various factors including marketing budget, distributors, directors, actors, and word of mouth. In this paper, we propose a method for predicting the daily performance trajectory of running movies based on the hierarchical linear model. More specifically, we focus on the effect of online word of mouth on the shape of the growth curves. We fitted the mean trajectory of the cumulative audience size as a cubic function of time, and allowed the intercept and slope to vary movie-to-movie. Moreover, we fitted the linear slope with a function of online word of mouth predictors to help determine the shape of the trajectories. Finally, we provide performance predictions for individual movies.

A Case Study of Measuring Eco-Efficiency of Products Using the QEFD Approach (QEFD를 활용한 제품 환경효율성 측정 사례 연구)

  • Hong, Seung-Ryong;Park, Seungwook;Kim, Yeon-Bok;Kim, Jong-Dae
    • Journal of Korean Society for Quality Management
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    • v.41 no.2
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    • pp.197-208
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    • 2013
  • Purpose: This study proposed a systematic approach to measure eco-efficiency of products based on the concept of quality function deployment(QFD). QFD method has been used to convert customer's subjective requirements to design specifications. A extension of QFD to environmental issues is known as quality environmental function deployment(QEFD). QEFD includes environmental requirements into customer's demand for quality, and incorporates them to design specifications of a product. Methods: In this study, we compared eco-efficiency of old and new models through application of QEFD. Results: The result revealed that the new model's eco-efficiency improved 24% better than the old model. Also, we found that user's Factor X of the new model has been improved to 1.178, which is about 18% better than that of the old model. Conclusion: This study implied that we can systematically use QEFD to determine eco-efficiency of two comparable products in any industries.

The Moderating Effect of B2C EC Strategy on the Relationship between B2C EC Website Functionalities and Application Performance: Marketing Perspective (마케팅관점에서 B2C EC 웹 사이트 기능특성과 활용성과 간의 관련성에 대한 전략유형의 조절효과)

  • Han, Hong-Soo
    • Management & Information Systems Review
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    • v.21
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    • pp.271-297
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    • 2007
  • Since B2C EC websites not only become a valuable channel for selling goods to customers and for communicating with the potential clients, but also offer companies an important vehicle for attaining competitive advantages in the new digital economy, the design and content of website must reflect its business goals and customers' needs. However, as little empirical evidence on the effect of B2C EC website contribution of firm performance exist, the functionality of B2C EC website has been decided voluntarily from its business experience. Hence, there has been a call for a rigorous empirical studies to examine the function level of an B2C EC website application. The purpose of this study is to examine the relationship between the function level of B2C EC website and its performance considering the characteristics of B2C EC strategy as moderating variable. 125 questionnaires from internet shopping malls which sell physical goods direct to an individual end consumer were collected. The results showed that four factors(price, product recognition, reliability enhancement, and purchase confidence) affect positive effects on the performance of shopping mall, and the characteristics of B2C EC strategy can be considered as a significant moderating variable between price factor and the performance of shopping mall.

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The Effect of COVID-19 Pandemic on Stock Market: An Empirical Study in Saudi Arabia

  • ALZYADAT, Jumah Ahmad;ASFOURA, Evan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.913-921
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    • 2021
  • The objective of the study is to investigate the impact of the COVID-19 pandemic on Saudi Arabia stock market. The study relied on the data of the daily closing stock market price index Tadawul All Share Index (TASI), and the number of daily cases infected with COVID-19 during the period from March 15, 2020, to August 10, 2020. The study employs the Vector Auto-Regressive (VAR) model, the Impulse Response Function (IRF) and Autoregressive Conditional Heteroscedasticity (ARCH) models. The results of the correlation matrix and the Impulse Response Function (IRF) show that stock market returns responded negatively to the growth in COVID-19 infected cases during the pandemic. The results of ARCH model confirmed the negative impact of COVID-19 pandemic on KSA stock market returns. The results also showed that the negative market reaction was strong during the early days of the COVID-19 pandemic. The study concluded that stock market in KSA responded quickly to the COVID-19 pandemic; the response varies over time according to the stage of the pandemic. However, the Saudi government's response time and size of the stimulus package have played an important role in alleviating the impacts of the COVID-19 pandemic on Saudi Arabia Stock Market.

A Study on the Application of QFD Application Model for Target Performance and Cost Setting of The Weapon System (무기체계 목표성능과 목표비용 설정을 위한 품질기능전개(QFD) 응용모델 연구)

  • Lee, Tae Hwa;Hong, Sung Hoon;Kwon, Hyuck Moo;Lee, Min Koo
    • Journal of Korean Society for Quality Management
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    • v.46 no.4
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    • pp.821-842
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    • 2018
  • Purpose: To derive key requirements and key technologies for weapon system acquisition business by using Qualify Function Deployment (QFD), and to reduce business cost by setting the target performance and key expense of weapon system. Methods: We propose a QFD methodology that can induce rational decision-making by translating analyst's subjective opinions into quantitative values when analyzing requirements at the initial stage of weapon system development project. Based on QFD methodology, QFD application model combining house of quality, value engineering, and analogy cost estimating technique is presented. Results: It was possible to analyze the specific requirements necessary for the development of the weapon system, to solve the communication problem of the participants, to set clear development direction and target. Conclusion: By applying the QFD application model at the early stage of the weapon system acquisition project, it is possible to reduce the business cost by establishing clear development direction and goal through the procedural analysis process.

The Application of Optimal Control Through Fiscal Policy on Indonesian Economy

  • SYAHRINI, Intan;MASBAR, Raja;ALIASUDDIN, Aliasuddin;MUNZIR, Said;HAZMI, Yusri
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.741-750
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    • 2021
  • The budget deficit is closely related to expansionary fiscal policy as a fiscal instrument to encourage economic growth. This study aims to apply optimal control theory in the Keynesian macroeconomic model for the economy, so that optimal growth can be found. Macroeconomic variables include GDP, consumption, investment, exports, imports, and budget deficit as control variables. This study uses secondary data in the form of time series, the time period 1990 to 2018. Performing optimal control will result in optimal fiscal policy. The optimal determination is done through simulation, for the period 2019-2023. The discrete optimal control problem is to minimize the objective function in the form of a quadratic function against the deviation of the state variable and control variable from the target value and the optimal value. Meanwhile, the constraint is Keynes' macroeconomic model. The results showed that the optimal value of macroeconomic variables has a deviation from the target values consisting of: consumption, investment, exports, imports, GDP, and budget deficit. The largest deviation from the average during the simulation occurs in GDP, followed by investment, exports, and the budget deficit. Meanwhile, the lowest average deviation is found in imports.

Application of Constrained Bayes Estimation under Balanced Loss Function in Insurance Pricing

  • Kim, Myung Joon;Kim, Yeong-Hwa
    • Communications for Statistical Applications and Methods
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    • v.21 no.3
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    • pp.235-243
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    • 2014
  • Constrained Bayesian estimates overcome the over shrinkness toward the mean which usual Bayes and empirical Bayes estimates produce by matching first and second empirical moments; subsequently, a constrained Bayes estimate is recommended to use in case the research objective is to produce a histogram of the estimates considering the location and dispersion. The well-known squared error loss function exclusively emphasizes the precision of estimation and may lead to biased estimators. Thus, the balanced loss function is suggested to reflect both goodness of fit and precision of estimation. In insurance pricing, the accurate location estimates of risk and also dispersion estimates of each risk group should be considered under proper loss function. In this paper, by applying these two ideas, the benefit of the constrained Bayes estimates and balanced loss function will be discussed; in addition, application effectiveness will be proved through an analysis of real insurance accident data.