• Journal of KIBIM
• /
• v.8 no.3
• /
• pp.31-42
• /
• 2018

This study focuses on the BIM request for information(RFI) processing performance and quantitatively analyzes the performance of the BIM coordinator and the loss due to the waiting of the project participants. For these purposes, a method to quantitatively evaluate the performance of the BIM coordinator was proposed using a queueing model. For the verification, two projects in which BIM was applied in the construction phase were selected, and the BIM RFI data were collected through the analysis of the BIM monthly report and BIM coordinator work log of each project. In addition, the BIM input personnel, labor cost, and productivity data were collected through interviews with the experts of the case projects. The analysis of the BIM RFI processing performance of the BIM coordinator using the queueing model exhibited on a probabilistic basis that the waiting status of the project participants could vary depending on the preliminary BIM application to the design verification as well as the input number and level of the BIM coordinator personnel. In addition, the loss cost due to the waiting of the project participants was analyzed using the number of BIM RFIs waiting to be processed in the queueing system. Finally, the economic feasibility analysis for the optimal BIM coordinator input was performed considering the loss cost. The results of this study can be used to make decisions about the optimal BIM coordinator input and can provide grounds for the BIM return on investment (ROI) analysis considering the waiting cost of the project participants.

• Journal of the Korean Institute of Navigation
• /
• v.10 no.1
• /
• pp.101-127
• /
• 1986

Transportation provides an infrastructure vital to economic growth, and it is an integral part of production . As a port is the interface between the maritime transport and domestic transport sectors, it certainly plays a key role in any economic development. Therefore, it is doubtless that inadequacy of a nation's port will depress the level of throughput, to the level where it fails to meet the target set by the national economic planning schemes. Korea is surrounded by the seas and the economic structure of Korea consists of processing trades, so that it cannot be overstated that substantial economy in maritime transport coasts can be achieved through the improvement of the port transport system. This paper treats the transportation process in Pusan Port by Queueing Simulation method, and the reasonable size of Pusan Port is suggested from the point of view of efficiency maximization. The results of the analysis are summarized as follows; 1) the utility rate is 47.91 percents in general piers, 85-52 percents in container piers, and waiting time 5.2hrs, in general piers, 0.8 hrs, in container piers, and the probability of maximum queue length 12 ships in general piers, 2 ships in container piers, and the probability of waiting is 44 percents in general piers, 8 percents in container pier. 2) in general piers, the improvement of app. 30 percents in port capacity is desirable for operating effectively concerning the current arrival rate. By introducing the traffic control ion container piers, there is no apparent necessity of port investment, but I is expected to reduce invisible congestion occurred along the waiting line. 3) On Pusan Port, the optimal utility rate and the optimal arrival rate for reducing waiting time are 3.5 to 4.0(hrs./ship) in general piers, 5.1 to 6.0(hrs./ship) in container piers.

• Journal of the Korea Society for Simulation
• /
• v.33 no.1
• /
• pp.27-34
• /
• 2024

This study aims to propose an optimal asset allocation that minimizes the risk of insufficient realized replacement rates compared to the OECD average replacement rate. To do this, we set the shortfall risk of replacement rates and calculates an asset allocation plan to minimize this risk based on the period of enrollment, the income level and additional contribution. We consider stocks and deposits as investment assets, using Monte Carlo simulation with a GBM model to generate return distributions for stocks. Our result show that, for individuals with a enrollment period of less than 30 years, participants should invest a minimum of 70-80% of their funds in risky assets to minimize the shortfall risk. However, the proportion of funds that need to be invested in risky assets declines significantly when participants contribute an additional premiums. This effect is particularly pronounced among low-income individuals. Therefore, to achieve OECD average replacement rates, the government needs to incentivize participants to invest more in risky assets, while also providing policies to encourage additional contributions, especially for the low-income population.

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.8 no.2
• /
• pp.107-117
• /
• 2013

The main objective of this study lies at examining economic features of IT security investment and comparing alternative mechanisms to achieve optimal provision of IT security resources within a firm. There exists a paucity of economic analysis that provide useful guidelines for making critical decisions regarding the optimal level of provision of IT security and how to share the costs among different users within a firm. As a preliminary study, this study first argues that IT security resources share some unique characteristics of pure public goods, namely nonrivalry of consumption and nonexcludability of benefit. IT security provision problem also suffers from information asymmetry problem with regard to the valuation of an individual user for IT security goods. Then, through an analytical framework, it is shown that the efficient provision condition at the overall firm level is not necessarily satisfied by individual utility maximizing behavior. That is, an individual provision results in a suboptimal solution, especially an underprovision of the IT security good. This problem is mainly due to the nonexcludability property of pure public goods, and is also known as a free-riding problem. The fundamental problem of collective decision-making is to design mechanisms that both induce the revelation of the true information and choose an 'optimal' level of the IT security good within this framework of information asymmetry. This study examines and compares three alternative demand-revealing mechanisms within the IT security resource provision context, namely the Clarke-Groves mechanism, the expected utility maximizing mechanism and the Groves-Ledyard mechanism. The main features of each mechanism are discussed along with its strengths, weaknesses, and different applicability in practice. Finally, the limitations of the study and future research are discussed.

• Journal of Technology Innovation
• /
• v.29 no.3
• /
• pp.33-62
• /
• 2021

This study compares and analyzes the efficiency of R&D activities of technology-innovative small and medium-sized enterprises(SMEs) between industries and proposes ways to improve efficiency. The research samples are 6,708 technology-innovative SMEs, which have received a guarantee by the KIBO from 2008 to 2011. Input variables are the level of R&D personnel, R&D investment, and output variables are patent applications, prototype. Efficiency is measured by the DEA model, and indirect comparisons that are individually measured by industry are performed. As a result of the analysis, the CCR for determining the optimal returns to scale is 0.19, the BCC for determining the optimal input distribution is 0.70, and the SE for determining the optimal output is 0.30. By industry type, the medium and low-tech industries have high CCR and BCC, while the high-end and high-tech industries have high SE. R&D activities need to be operated on an optimal scale through managing R&D performance because there is the inefficiency of scale across the industry. The contribution of the study is to analyze the R&D efficiency of each industry of technology-innovative SMEs by the technology evaluation data of the KIBO.

• Journal of the Korea Institute of Building Construction
• /
• v.3 no.1
• /
• pp.155-160
• /
• 2003

The Korean economic crisis hit badly the local construction industry, especially during the year of the 1998 when the country took the IMF bailout proframme. Under the poor business environment, such as reduction of construction investment, financial difficulty from high interest rate, and increasing bankruptcies, restructuring measures were repuired for survival of the industry. It is obvious the restructuring process is essential for the future business success. regardless of the financial crisis. With this background, this research aims the contribute to improved construction management structure and strengthened international competitiveness of the industry through the cost reduction and productivity enhancement, by analysising and proposing and optimal level of the manpower structure of construction management organization With the subject of 24 construction fields of apartment houses in the capital region as of January 1, 1999, constructed by OO company having leaded the construction industry of the country so far now, the researcher performed the on the spot survey regarding the organization/manpower structure and construction contract amount.

• Proceedings of the KSR Conference
• /
• 2011.10a
• /
• pp.614-620
• /
• 2011

Railway intelligent transportation systems and related Ministry of Land and rail operating agency's railway informatization planning of information technology, effective through the use of management strategies to establish or run to support the systematic informatization investment that you want to execute work in progress, during and yet the institutional informatization of operations mainly in the form of efficiency is Chinhae. Accordingly, in order to promote the details of the final challenge of providing real-time information and the usefulness of this information collection is clearly for the railway sector by function of the components is necessary to distinguish. In this paper, the details of the plan goals, promoting convenient rail-based real-time information, to promote optimal gohyoeuleul railways, railway safety and comfort, was defined as three. Selection of each goal, because the direction of vision and ITS around the railroad center of road users by highlighting the benefits of the railroad's traffic information center user switching, real-time delivery of information diversity (enhanced content) that can increase the capacity of line train operating systems, enhancing the safety management system introduced in the monitoring system and is a railroad crossing. Because urban railway project in accordance with the goal of decreasing the annual rate of the train support, and the average passenger wait time savings, increased future demand for railway, rail safety, including securing the expected effects may occur.

• Proceedings of the Korean Society of Computer Information Conference
• /
• 2016.07a
• /
• pp.271-272
• /
• 2016

Owing to the development of information communication technology(ICT), there are many changes taking place in the agriculture sector. As an example, an effective agricultural activities with ICT have brought an increase in agricultural production. On the other hand, these technology investment activities are very costly. Until recently, the technology development has been made in agricultural technology development perspective. This view, however, has been changed to production increase in accordance with the crop growth conditions. In this paper, we propose a device which can maintain an optimal crop growing environment. It is economic by utilizing the existing facility of farmhouse and can reduce the cost of crop growth environment improvement.

• Journal of Information Technology Applications and Management
• /
• v.12 no.4
• /
• pp.173-195
• /
• 2005

As the amount of informatization investment is rapidly increasing in many organizations, it becomes more inevitable to manage computing resources (information systems, computing facilities and manpower etc.) effectively. Specially, in public sector It is thought to be very important to achieve the economy of scale by integrating computing resources which are managed individually in many agencies. Also, our government have been recently making much efforts to raise the effectiveness of operating the information systems by promoting joint information use among many public agencies, enhancing the operating systems and the expertise of IS staff and applying the optimal information security systems. This study focuses on presenting the framework to effectively integrate omputing resources and proposing the ways of constructing and operating the integrated computing environment for the institutions and the affiliated groups under the Ministry of Culture & Tourism which are in charge of implementing cultural informatization. The main implications of this study are 1) building the ideal model of the integrated computing environment architecture suitable to cultural informatization area, 2) showing the criteria of deciding whether the organizations use the Integrated computing environment or not and how extensively they commit their computing resources to it, and 3) suggesting the ways of the phased integration and the change management to minimize confusion in the process of adopting the integrated computing environment and behavioral problems such as conflict and resistance of IS-related Personnel Influenced by Implementing the integrated computing environment.

• Proceedings of the KIEE Conference
• /
• 2009.07a
• /
• pp.383_384
• /
• 2009

After the 1970s, the importance of underground transmission systems increased and the construction rate of underground transmission lines also showed increasing trends each year, especially in metropolitan areas. Accordingly the social ripple effects are very large and wide when the fault occurs in underground power system, and the amount of time and money spent to restore the system also increases. So we must ensure stable operation and long-term reliability of the facilities. In Korea's case, long-term reliability tests for EHV power cables and accessories progressed poorly because equipment was not compatible for long-term reliability tests. Therefore we planned to construct a long-term reliability test field for EHV underground cables in order to ensure international quality reliability and optimal power cable operation techniques. The Gochang Underground Cable Test Field is under construction, funded by the Korean government, the govenment's union investment department, KEPCO, KERI and three private cable corporations. This project began in March, 2005 and will be completed by February, 2010. It is designed to promote joint research by incorporating several types of test equipment, construction of operating facilities, and being an internationally certified authority.