• Title/Summary/Keyword: measurement strategy

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How to Measure the Fulfilment of Strategy with BSC and PM (BSC와 PM 기법을 사용한 전략실행도 측정 방법론)

  • Yu, Myeong-Gwan;Jeong, Byeong-Ju;Gang, Chang-Hak
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.11a
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    • pp.17-20
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    • 2006
  • Inside the global management environment that is going through sudden changes, businesses are concentrating on putting in much hard work to establish the most competitive management strategy for its survival. As a executing tool and following the strategy establishment, BSC is being introduced and used by many businesses and public institutions, but instead of being used as a tool with the proper purpose of executing strategies, in reality, it is mainly being used to measure and evaluate outcomes. Of the several reasons why this is so, one important issue and its fundamental cause is that although BSC had been developed as a strategy executing tool, it is diffcult to understand the degree of execution of strategies because the overall measurement of the KPI includes all the strategic and operational parts. Through case study, this article acts on presenting the methodology of measuring the degree of execution of strategies that apply the BSC and PM frameworks.

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Fault detection of chemical process using observer scheme (Observer를 이용한 화학공정의 이상감지)

  • 최용진;오영석;윤인섭
    • 제어로봇시스템학회:학술대회논문집
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    • 1993.10a
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    • pp.589-594
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    • 1993
  • This paper presents a fault detection strategy that discriminates the faulty sensor and that detects the component fault using a bank of observers for the system in which sensor fault and component fault can occur simultaneously. Observers as many as the number of measurements are designed, and each observer uses measurements excluding sequentially one measurement, to estimate the state variables. The faulty sensor can be found out by comparing each state variable from different observer. Next, component fault can be detected by using measurements from the sensors excluding the faulty sensor. The suggested strategy is applied to a nonisothermal, series reaction with unknown reaction kinetics in a CSTR. This strategy is found out to perform well even in the case that the sensor and component fault occur simultaneously. Since each observer is designed to be independent of reaction kinetics, this strategy is not affected by the model uncertainty and nonlinearity of the reaction kinetics.

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Exploitation of IP-based Intelligent Networked Measuring and Control Device and System

  • Liu, Gui-Xiong;Luo, Yi;Fang, Xiao-Dong
    • 제어로봇시스템학회:학술대회논문집
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    • 2003.10a
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    • pp.1235-1239
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    • 2003
  • On the base of network frame and protocol system of Ethernet the networked sensing technology based on Ethernet is studied and the design principles of industrial Ethernet measurement of control system is put forward, and the general structure model is built in the paper. An eight-bit economical MCU scheme is proposed, and a general scheme of distributed intelligent networked measuring and control equipment based on TCP/IP is designed too. A compact TCP/IP protocol stack are successfully implemented in eight-bit MCU. With C51 program language, method of modularized programming is applied in soft design. The problem of in-system modifying measuring and control strategy of its system is solved successfully by assigning memory dynamically and saving parameter with EEPROM, and it makes the intelligent networked measurement and control system can explain and analyses control strategy from PC. Experiment result shows that, the research of intelligent networked measurement and control equipment and system base on TCP/IP is successful, with flexible network, convenient usage, and good commonality.

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Measurement of Public Research Outcomes: A Technology Valuation Method

  • Park, Jung-Min;Lim, Seong-Il;Seol, Sung-Soo
    • Asian Journal of Innovation and Policy
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    • v.6 no.2
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    • pp.206-224
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    • 2017
  • This article proposes a logic model for assessing the performance of the outcome of public research as a technology valuation method. It consists of two parts and eight steps. The first part is a scoring system and the second part is a validation process of the performance index derived from scoring by valuation method. The scoring in the first part generally requires a focus group method to find out the value drivers and make an evaluation table. The reason why we call it the technology valuation method is that the first part is derived from the simple evaluation of technology value using checklists for value drive. The second part is the regular technology valuation process. The model is designed for the measurement of unquantifiable outcome. Is knowledge or scientific outcome comparable to the measured outcome? If possible, how big is the unquantifiable outcome? This model is based on financial valuation techniques with clear or acceptable market data. Therefore, it cannot work solely for unquantifiable outcomes without comparable measurable outcomes, unlike economic valuation.

A Study on Research and Development Strategies for Measuring Instrument (계측기기 연구개발 전략에 관한 연구)

  • 최만용
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.6 no.1
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    • pp.109-114
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    • 1997
  • In the past few decades, the measuring instrument industries have made rapid progress with increase on the demand in industries such as precision instrument, chemistry, electronics, industrial measurement and automobile. Thus, development strategy and technical advancement are required for both securing the competitiveness on products in the world market and industrial development. Intensifying competitiveness of measuring instrument is needed in the world market. It can be achieved by development of measuring instrument holding comparative priority. A development strategy should be drawn up in the long-term point of view for coping with the increasing demand of measuring instrument and securing competitiveness in the world market.

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Best Practices of Quality Management in the World-Class Companies (세계적 품질선도 기업의 베스트 프랙티스 사레연구)

  • 박영택
    • Journal of Korean Society for Quality Management
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    • v.30 no.2
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    • pp.181-201
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    • 2002
  • Best practices are the best ways to perform a business process. Benchmarking, the search for those best practices that will lead to superior performance of a company, is indispensible to gain and maintain a competitive edge. Best practices of quality management in the world-class companies are examined. Customer-centered strategy, employee selection and training, employee satisfaction, customer satisfaction, performance measurement are considered in this paper.

Effect Analysis of Measurement-related Investment by the PIMS model With Reference to Korean Industrial Firms (PIMS 모형(模型)의 응용(應用)에 의한 측정투자효과분석(測定投資效果分析) 우리나라 주요기업을 중심으로)

  • Kim, Dong-Jin;An, Ung-Hwan
    • Journal of Korean Society for Quality Management
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    • v.18 no.2
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    • pp.117-126
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    • 1990
  • The Purpose of this study is to grasp the general effects of measurement-related investment by industrial firms. We presupposed the hypothesis that the measurement-related investment affects the decrease of product inferiority rates and analyzed the investigation results by means of PIMS(Profit Improvement of Market Strategy) model. As the results, we found out that the firms with positive measurement-related investment showed for less inferiority rates of products considerably. This study put an emphasis on the verification results showing that the considerable increase of measurement-related investment decreases the product inferiority rate by the statistical methods.

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A Case Study for Pricing Strategy Planning of a Family Restaurant Using Price-Sensitivity Measurement (패밀리 레스토랑의 가격 전략 수립을 위한 가격민감성 분석 사례 연구)

  • Choi Mi-Kyung;Lee Bong-Shik
    • Korean Journal of Community Nutrition
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    • v.11 no.2
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    • pp.253-260
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    • 2006
  • The purpose of this study was to suggest menu pricing strategy based on understanding about customer perceived value of products and services. The technique known as PSM (Price Sensitivity Measurement) was used for analysis of price sensitivity for 3 menu items of a family restaurant in Seoul. A questionnaire was developed through literature review and modified after pilot test. Questionnaires for the main survey were distributed to 250 customers on their visit to the restaurant, and a total of 138 questionnaires were used for analysis (55.2%). The statistical analysis of price sensitivity was conducted using PSM, and descriptive analyses were conducted using SPSS Win (12.0). The main results of this study were as follows: the price sensitivity of beef tenderloin steak was higher than two other menus and the stress range of teriyaki chicken was almost 0, that is, the price sensitivity of teriyaki chicken was very low. Present menu prices of 3 menu items were within the range of acceptable prices, but had some distances from the optimal pricing point. From the result of this study, it was concluded that price adjustment or price promotion strategy would be effective for increase in sales of beef tenderloin steak, and marketing strategies to enhance consumers' perceptions of value should be conducted for all menu items by situations. Overall, PSM technique could be a helpful tool for researchers and managers of foodservice organizations to understand how consumers' perceptions of value are affected by the interaction of price and quality.

A Comparative Study of Outsourcing Culinary Part of Foodservice Industry Development. (외식사업발전을 위한 조리분야 아웃소싱 전략에 관한 연구 (평가측정치 개발절차를 중심으로))

  • 김기영
    • Culinary science and hospitality research
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    • v.7 no.3
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    • pp.13-34
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    • 2001
  • The case which it contracts with the dynamic result measurement system when actual outsourcing evaluation measurement is composed and then one result standard between the service supplier and the user is set, which owns jointly the expense which is reduced from that or the benefit which is created from that is increasing In the conclusion, for outsourcing management strategy of domestic foodservice industry in order to succeed, first it is accurate and examined that for what and how outsourcing should be introduced and as a result, what kind of result can be raised from that result\ulcorner Food service industry should be outsourced if you want to make more many investment in better humane resources, food & beverage-goods-security and education to provide eating-out service out of various business in food industry. When considering the actuality of the domestic foodservice industry that time it is appropriate, it sees. The foreign-brand goods which is introduced in the country are being executing in the 1ink of part management strategy. One of the most influential factor of domestic foodservice industry's management pressure is overspent management expenses, Does the namely expenses preparation effect reach which degree\ulcorner what kind of method can most decrease these expenses\ulcorner Doing grows the success and failure of the Korean foodservice industry controls result with the fact that it will operate with a big variable sees. The background which the domestic foodservice industry should introduce inevitably the outsiurcing system is to develop continuously nation foodservice industry in the way of cost curtailment of food-material, a labor cost curtailment with efficient application and synergic effect like specialty manpower utilization. The kindred competitive enterprises gradually concentrate management resource to the point ability from the present point of view which is increasing and a strategy position they secure, to prepare a competitive power, what sees it is important national industry must prepare a new paradigm. It is important to measure the result based on sales accomplishment in operation system dimension, and it is more important to appropriately apply regard of the evaluation measurement

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Developing Room Pricing Marketing Strategy of the National Recreation Forest Using Price-Sensitivity Measurement (가격민감성분석을 이용한 국립자연휴양림 객실가격 마케팅 전략 개발)

  • Han, Sang-Yoel;Kim, Jae-Jun
    • Journal of Korean Society of Forest Science
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    • v.97 no.1
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    • pp.118-126
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    • 2008
  • This research was conducted to develop pricing strategy based on understanding about customer perceived value of lodging facilities in national recreation forest. The technique known as PSM (price-sensitivity measurement) was used for analysis of price sensitivity for two kinds of lodging (log-cabin and forest-hotel) and for room sizes (4, 5, 6, 7 persons). PSM questionnaire for on-site survey were distributed to 236 customers on their visit to the six national recreation forests. The main results of this study were as follows: the price sensitivity of big size was higher then small, also, the price sensitivity of log cabin was higher then forest-hotel. Present prices were within the range of acceptable prices except prices of the use of 6 and 7 person of log-cabin. From the result of this study, it was concluded that price adjustment or price promotion strategy would effective for increase in sales and marketing strategies to enhance consumers' perceptions of value should be conducted for two room types by situations.