• Proceedings of the Korea Society for Simulation Conference
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• 2001.05a
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• pp.31-35
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• 2001

Simulation --- The ideal tool for BPR. Work now and CASE tools are static modeling tools. Based on our own customers surveys, we have discovered that the use of process modeling tools thus far has focused on modeling the current(What-Is) state of a business. We have found that 90 percent of reengineering projects, the modeling tools of choice have been flowcharting tools. Static models offer help in understanding the overall nature of an existing process. However, static models can not really help you see the step by step motions towards completion of your goals. In static modeling, you see two pictures in time, usually taken at the current state and final state models of your reengineering project. Static models are usually not object oriented, therefore can not show facility or office layout and movement of entities and objects throughout the facility. However, this does not mean that static modeling does not have its application nor add value to the user as in a few success stories. Simulation helps the team analyze the complex aspects of the project. Many times a plan that looks good on paper might turn out entirely different when put into action. Therefore, simulation helps you look at how situations might work before actual implementation. In particular, computer simulation models help you view a reengineered condition before they are rolled-out. Items such as a lead time and resource allocation.

• Journal of Digital Contents Society
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• v.3 no.1
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• pp.23-35
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• 2002

Recently, digital contents systems have been constructed by means of a Web-based Information Systems(WBIS). However, developers supper from the Web Crisis since there is no systematic methodology for development and maintenance of the WBIS. To partially cope with the problem, we propose web-based business process and navigation modeling methods for efficient restructuring of a WBIS. A Business Process Net model is the business process model. Additionally, system structure model, state transition model, and user interaction model are the navigation models. These models might be useful for development and restructuring of a WBIS which includes digital contents.

• Journal of Korea Society of Digital Industry and Information Management
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• v.8 no.4
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• pp.289-297
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• 2012

It is a recent trend to utilize a variety of visual tools(process map, mindmap, ERD) to create, when we create the design of information system or business models. Theses visual tool is standardized tools as process map or BPMN, on the other hand, there is also a non-standardized tools as mindmap. The utilization of the non-standardized tools as mindmap in startups is a increasing trend, because of the order the release of creative thinking to design new business model. Mindmaps can be divided into pen-based mindmap(of hand-written) and computer-based mindmap. This study was conducted under the premise of a different thinking pattern, when you take advantage of pen-based mindmap and computer-based mindmap. In other words, the pen-based mindmap is a tool for deductive reasoning and the computer-based mindmap is a tool would be more appropriate for inductive thinking. The purpose of this study is to investigate these relationships through experiments. In this study propose guidelines how visual tools, when designing a social media business models.

• Journal of Korea Game Society
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• v.21 no.2
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• pp.67-78
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• 2021

Since the release of and in 2017, business models for collection mobile games have been changing. Collection Mobile games are composed mainly of characters, and the business model is also highly related to user preference factors. The Delphi method and the AHP analysis were used on ten experts in each field of game production to identify preference factors, and five collection mobile games were selected for business model analysis. The result shows that 'moe' characters are a major preference factor, and accordingly, business models are also changing to focus on the completion of character collection and products such as character skins.

• The Journal of Information Systems
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• v.5
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• pp.21-41
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• 1996

Linear programming has become an important tool in decision-making of modern business management. This remarkable growth can be traced to the pioneering efforts of many individuals and research organizations. The popular using of personal computers make it very easy to process those complicated linear programming models. Furthermore advanced linear programming software packages assist us to solve L.P. models without any difficult process. Even though the advanced L.P. professional packages, the needs of more detailed deterministic elements for business decisions have forced us to apply dynamic approaches for more resonable solutions. For the purpose of these problems applying to the "Mathematica" packages which is composed of mathematic tools, the simplex processes show us the flexible and dynamic decision elements included to any other professional linear programming tools. Especially we need proper dynamic variables to analyze the shadow prices step by step. And applying SAS(Statistical Analysis System) packages to the L.P. problems, it is also one of the best way to get good solution. On the way trying to the other L.P. packages which are prepared for Spreadsheets i.e., MS-Excel, Lotus-123, Quatro etc. can be applied to linear programming models. But they are not so much useful for the problems. Calculating simplex tableau is an important method to interpret L.P. format for the optimal solution. In this paper we find out that the more detailed and efficient techniques to interpret useful software of mathematica and SAS for business decision making of linear programming. So it needs to apply more dynamic technique of using of Mathematica and SAS multiple software to get more efficient deterministic factors for the sophiscated L.P. solutions.

• Korean Management Science Review
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• v.21 no.2
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• pp.61-77
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• 2004

As various methodologies for business process analysis and design have been conducted in many organizations by their own ways, those methodologies are not compatible each other. In order to reduce the cost of analysis for organizations. some mapping methods between different methodologies need to be developed. UMM(UN/CEFACT Modeling Methodology) that has an object-oriented point of view. can overcome the limits of existing bottom-up approaches and make it reasonable. It also simplifies the business and administrative procedures. IDEF( Integrated Definition Language) with a structural point of view that has been widely used as a system analysis and design method, needs to be mapped to UMM in order to reuse the existing IDEF models. In this study, we propose a guideline that deals with procedures of utilizing IDEF models from which we want to derive the UMM models for developing an electronic commerce system including electronic documents exchange. By comparing IDEF and UMM, we analyze the differences between those two methodologies. Based on these differences. we suggest the basic strategies for mapping method from IDEF to UMM. We also propose a mapping guideline that can make UMM results from the modeling results of IDEF. We can take an advantage of the existing IDEF analysis design results when we adopt UMM methodology for electronic business system. Many analysts who are familiar with the IDEF methodology can develop UMM work-flow by utilizing their existing results and skills.

• The Journal of Asian Finance, Economics and Business
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• v.9 no.9
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• pp.181-189
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• 2022

The current study examines the nexus between the capital structure (debt-equity) and firm value (Tobin's Q) by including profitability (alternatively Return on Assets (ROA) and Return on Equity (ROE)) as a moderator in the companies of Saudi Arabia. The study sample consists of 102 companies listed on Tadawul (the Saudi Arabian stock exchange) from different sectors of Saudi Arabia during the period 2013 to 2020. The study estimates pooled regression, panel regression with fixed and random effects, and dynamic panel regression models to report the results. The study results report that there is a negative and significant association between capital structure and firm value in model 1, while in models 2 and 3 there is a more negative and significant impact between the two study variables compared to model 1 after the inclusion of interaction variable, i.e. profitability in terms of ROA and ROE. The comparative result shows that the companies of Saudi Arabia hold more debt in their capital structure mix, hence evidencing a decrease in the firm value. The reported results also show that models 2 and 3 are better in explaining the impact of capital structure on firm value due to the interaction of profitability compared to model 1.

• International Journal of Highway Engineering
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• v.18 no.4
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• pp.83-92
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• 2016

PURPOSES : The purpose of this study was to develop safety performance functions (SPFs) that use zero-inflated negative binomial regression models for urban intersections in central business districts (CBDs), and to compare the statistical significance of developed models against that of regular negative binomial regression models. METHODS : To develop and analyze the SPFs of intersections in CBDs, data acquisition was conducted for dependent and independent variables in areas of study. We analyzed the SPFs using zero-inflated negative binomial regression model as well as regular negative binomial regression model. We then compared the results by analyzing the statistical significance of the models. RESULTS : SPFs were estimated for all accidents and injury accidents at intersections in CBDs in terms of variables such as AADT, Number of Lanes at Major Roads, Median Barriers, Right Turn with an Exclusive Turn Lane, Turning Guideline, and Front Signal. We also estimated the log-likelihood at convergence and the likelihood ratio of SPFs for comparing the zero-inflated model with the regular model. In he SPFs, estimated log-likelihood at convergence and the likelihood ratio of the zero-inflated model were at -836.736, 0.193 and -836.415, 0.195. Also estimated the log-likelihood at convergence and likelihood ratio of the regular model were at -843.547, 0.187 and -842.631, 0.189, respectively. These figures demonstrate that zero-inflated negative binomial regression models can better explain traffic accidents at intersections in CBDs. CONCLUSIONS : SPFs that use a zero-inflated negative binomial regression model demonstrate better statistical significance compared with those that use a regular negative binomial regression model.

• The Journal of Fisheries Business Administration
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• v.46 no.3
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• pp.103-118
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• 2015

The purpose of this paper is to discuss possibilities of applying growth curve models, such as Logistic, Log-Logistic, Log-Normal, Gompertz and Weibull, to three specific technology areas of Fishery Science and Technology in the process of measuring their technology level between Korea and countries with the state-of-the art level. Technology areas of hazard control of organism, environment restoration, and fish cluster detect were selected for this study. Expert panel survey was conducted to construct relevant panel data for years of 2013, 2016, and a future time of approaching the theoretical maximum technology level. The size of data was 70, 70 and 40 respectively. First finding is that estimation of shape and location parameters of each model was statistically significant, and lack-of-fit test using estimated parameters was statistically rejected for each model, meaning all models were good enough to apply for measuring technology levels. Second, three models other than Pearl and Gompertz seemed very appropriate to apply despite the fact that previous case studies have used only Gompertz and Pearl. This study suggests that Weibull model would be a very valid candidate for the purpose. Third, fish cluster detect technology level is relatively higher for both Korea and a country with the state-of-the-art among three areas as of 2013. However, all three areas seem to be approaching their limits(highest technology level point) until 2020 for countries with the state-of-the-art. This implies that Korea might have to speed up her research activities in order to catch up them prior to 2020. Final suggestion is that future study may better apply various and more appropriate models respectively considering each technology characteristics and other factors.

• The Journal of the Korea Contents Association
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• v.11 no.12
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• pp.40-51
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• 2011

The key issues of recommendation systems provide the contents satisfying the interests of users for the huge amounts of contents over internet. The existing recommendation system use the algorithms considering the users' profiles and context information to enhance the exactness of a recommendation. However, the existing recommendation system can't satisfy the requirements of service providers because the business models of service providers is not considered. In this paper, we propose the mobile recommendation system using the composite contexts and the recommendation weights applying the business model of service providers. The proposed system retrieves the contents of the contents providers using composite context information and apply the recommendation weights to recommend the suitable contents for the business models of service providers. Therefore, we provide the contents satisfying the consumption value of users and the business models of service providers to mobile users.