• Land and Housing Review
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• v.2 no.3
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• pp.205-215
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• 2011

Korea has experienced a remarkable economic achievement since the 1960s. However, behind this facade of growth and progress, a chronic housing shortage in the capital region, declining owner-occupation, rising housing costs, and polarization in housing conditions between the better-off and the worse-off clearly illustrate the impasse and crisis in housing that Korea now faces. In addition, the IMF crisis and the late global financial crisis shocked the Korean housing market. The Korean government has made significant policy changes to improve housing security for less-privileged groups. In order to achieve housing policy development, the Korean government has tried to employ of advanced countries. What are the benefits(merits) and dangers(demerits) of housing policy transfer between countries? This paper emphasizes that we must recognize about 'differences' rather than 'commonalities' between countries with respect to policy transfer. It also maintains that the government should play a main role as an enabler rather as a provider of 'low-cost' housing.

• Journal of the Korean Institute of Rural Architecture
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• v.12 no.2
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• pp.85-92
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• 2010

Jeollanamdo aims to cultivate Hanok Village as a lodging resource for tourism industry in rural areas. For the purpose, it invited eight models of the Hanok Village publicly and selected our model as the best. This study is to introduce the concepts and characteristics of the village, centering on the model developed by our research team and awarded by the local government. We develop and suggest eleven types of improved-type Hanok model that is to be distributed to each city and county. We compose the space which reflects needs of residents for modern living. And we focus on preservation of decorative beauty to make it a resource of tourism by creating beautiful view of Hanok and reduction of financial burden to activate its distribution. The Hanok developed in this study has a significant meaning as improved Hanok that can be suggested as a new model of rural area housing project.

• Management Science and Financial Engineering
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• v.9 no.2
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• pp.21-45
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• 2003

Various organizational factors effect successful implementation of IT enabled business transformation. Among them, the most critical success factor is deemed to overcoming change management problem. Lots of studies have been made on implementation methodologies and business process formalizations to encourage organizational members to accept new business process changes. However, the logic of process redesign still depends on qualitative problem solving techniques mostly depending on basically human intuition such as brainstorming, cause-and-effect analysis, and so on. In this paper, we develop algorithmic procedure applicable to designing various business process changes such as process automation, business process resequencing, and more radical process integration. The framework is employed from dynamic programming approach in the literature, which is based on the decision making paradigm of organizations to abstract business processes as quantitative decision models. As such, our research can fill the gap of limited development of theory based analytic methodologies for business process design, by providing objective rationale to reach the consensus among the organizational members including senior management.

• Management Science and Financial Engineering
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• v.16 no.1
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• pp.1-16
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• 2010

In Nigeria, Igbemo-Ekiti is synonymous with a popular local rice which, nevertheless, is characterized with contaminations. Efforts of Government through the Agricultural Development Project (ADP) to improve rice quality in the state, have failed to yield the desired results. This study, therefore, reports the peculiar factors influencing the processing of rice in Igbemo-a major local producing town in Ekiti State, Nigeria. 72 respondents were interviewed, which was a census of the rice processors in 21 residential quarters of the town. Using the multiple linear regression models for analysis, the study discovered that; (i) status of the processors, (ii) expenditure on processing (iii) training acquired before commencing work, and (iv) storage facilities are crucial factors impacting rice processing activities in the town. The paper canvasses for policy measures based on research findings.

• Management Science and Financial Engineering
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• v.20 no.2
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• pp.33-37
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• 2014

A flow shop scheduling problem involves scheduling jobs on multiple machines in series in order to optimize a given criterion. The flow time of a job is the amount of time the job spent before its completion and the stretch of the job is the ratio of its flow time to its processing time. In this paper, a hybrid genetic algorithm (HGA) approach is proposed for minimizing the total stretch in flow shop scheduling. HGA adopts the idea of seed selection and development in order to reduce the chance of premature convergence that may cause the loss of search power. The performance of HGA is compared with that of genetic algorithms (GAs).

• Proceedings of the Korean Society for Quality Management Conference
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• 2004.04a
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• pp.155-159
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• 2004

Continuous quality improvement has generally been recognized as an essential requirement for a company to stay in business. For this reason, Six Sigma plays an important role In reducing cost and development time of a product and achieving high quality products in a competitive market. The Six Sigma has proven that it is possible to achieve dramatic performance improvement for conducting business. However, several recognized Six Sigma companies have suffered the financial troubles, even if the Six Sigma should be successfully deployed in their business organizations. In this paper, the reason of this paradox is represented and discussed for a successful Six Sigma deployment, including next generation of Six Sigma.

• Korean Journal of Organic Agriculture
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• v.17 no.4
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• pp.483-499
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• 2009

This research is to establish a theme-type organic edu-farm model and provide ways to practically apply it so as to vitalize urban-rural exchange through the emerging concept of green tourism. This research also traces the practical development of organic edu-farm programs. Organic edu-farm(OEF) should be some of the ideas to develop organic agriculture resources according to the local features, and learn by direct and actual experience a life of organic farm. A few policy suggestions to put OEF model in practical use are proposed. What the state needs to do through direct involvement are to put efforts at demand expansion on organic farm products, to clean and beautify the green rural environmental settings, to build more urban-rural exchange facilities. What is more important, however, is financial support, to create the network and to develop program contents for each OEF operation unit. The OEF model proposed in this research will be applied as a relevant reference in planning and realizing sustainable green tourism at the village level.

• Korean Journal of Organic Agriculture
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• v.20 no.4
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• pp.543-561
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• 2012

This work is for reasonable valuation method of environmental-friendly and organic company. Reasonable valuation method is principal for the sound development, the reasonable investment and the growth of stock market. This study proposes valid valuation and method for environmental-friendly and organic company. The author selected 4 companies from certificate list of environmental-friendly and organic food and LOHAS (Lifestyles Of Health And Sustainability) food of Korean standards association. Applying financial audit report of 5 years, the author output 5 variables from each companies by using Growth Option model of Real Option model. And the author valuated companies by adding option value calculated with these variables and residual value discounted with cash flow discounted method. Company values from ROV model were 1.71 time higher than DCF model. This results show that the value of environmental-friendly and organic food company may own high option premium, that is the growth factor.

• 한국신재생에너지학회:학술대회논문집
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• 2008.10a
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• pp.278-281
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• 2008

In these days the installation of wind turbines or wind parks includes a high financial risk. So for the planning and the constructing of wind farms, long-term data of wind speed and wind direction is required. However, in most cases only few data are available at the designated places. Traditional Measure-Correlate-Predict (MCP) can extend this data by using data of nearby meteorological stations. But also Neural Networks can create such long-term predictions. The key issue of this paper is to demonstrate the possibility and the quality of predictions using Neural Networks. Thereto this paper compares the results of different MCP Models and Neural Networks for creating long-term data with various indexes.

• Environmental and Resource Economics Review
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• v.16 no.3
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• pp.607-627
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• 2007

By reviewing the current application of Environmental Fiscal Instruments in China, existing policy gaps and weakness, and the feasibility of using EFIs in China, this paper pointed out that the Chinese government faces an historic opportunity for promoting the development of a comprehensive environmental fiscal system. It is proposed that as far as possible the real economic and social costs of pollution and environmental degradation should be reflected in the prices charged for the use of environmental and natural resources. Chinese government should systematize existing environmental fiscal funds and policies, gradually setting up a framework for integrating environmental fiscal instruments into the public financial system.