• Title/Summary/Keyword: present value

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Influencing Factors of the Fast Food Restaurant Users' Intention of Reusing (패스트푸드레스토랑 이용자들의 재이용 의도 영향요인에 관한 연구)

  • Park, Hui-Jin;Jeong, Gwang-Hyeon
    • Journal of Applied Tourism Food and Beverage Management and Research
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    • v.16 no.1
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    • pp.1-20
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    • 2005
  • The objective of this study is to examine how the factors influence each other by determining the appropriate measurement standard based on the fast food restaurant attribute evaluation, perceived pricing, value, satisfaction and intent for return patronage, and present an effective fast food restaurant marketing strategy based on the analytical results by patrons and market segmentations. The results showed that restaurant attribution evaluation had a positive effect on the perceived value, satisfaction and intent for return patronage of the fast food restaurant patrons; perceived pricing of the fast food restaurant patrons had a positive affect on the perceived value, satisfaction and intent for return patronage; perceived value had a positive affect on satisfaction and intent for return patronage; and satisfaction had a positive affect on intent for return patronage.

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The Multi-Period Opportunity Cost Model to Evaluate an Option Value based on a Deferral Option (연기옵션을 고려한 옵션가치의 일반적 기회비용 모델)

  • Kim, Gyu-Tai
    • IE interfaces
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    • v.18 no.2
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    • pp.184-192
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    • 2005
  • In recent research there has been intense interest in understanding how real option valuation (ROV) approaches might usefully complement conventional discounted cash flow (DCF) techniques. However, investment decision makers in a real world have been worried about adopting the ROV approaches mainly because of difficulty in technically understanding the theory of the ROV approaches as indicated by many researchers. With this difficulty in mind, we propose the opportunity cost model as another discrete-time model to value a deferral option. The main advantage of observing a real options value in terms of the opportunity cost concept is to provide a technique for practitioners to estimate a wide range of real options values without sticking to a financial option modelling. The fundamental ground for developing the opportunity cost model proposed in this paper lies in the work of dissecting the structure of the real options value into three categories: capital gain, expected opportunity loss, and expected opportunity gain. At the end of the paper, we will present a short illustrative example to demonstrate the applicability of the model.

Changes in SNR and ADC According to the Increase in b Value in Liver Diffusion-Weighted Images

  • Cho, Jae-Hwan;Kim, Ham-Gyum
    • Journal of Magnetics
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    • v.17 no.3
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    • pp.219-224
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    • 2012
  • In the present study, changes in signal-to-noise ratio (SNR) and apparent diffusion coefficient (ADC) of the diffusion-weighted images in the normal livers were investigated using changes in b values in 1.5 T MR (magnetic resonance) instruments. Respective diffusion-weighted images and ADC map images were obtained from 20 healthy individuals by increasing b values from 50 to 400 and 800 $s/mm^2$ using 1.5T MR scanner between January 2011 and November 2011. At each ADC map image obtained at each b value, ADCs in the right hepatic lobe, spleen and kidney were measured. As a result, ADCs of the right hepatic lobe, spleen and kidney have gradually decreased in the diffusion-weighted images in accordance with the reduced b value. This outcome may be used as preliminary data for applications to various abdominal diseases.

Analyzing the Impact of Value Satisfaction on Behavioral Intention to Use E-Resources

  • Kumar, Vinod;Garg, Ruchi Jain;Vandana, Vandana;Zia, Adil
    • Journal of Information Science Theory and Practice
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    • v.10 no.3
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    • pp.1-14
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    • 2022
  • The present study investigates the impact of perceived value metrics in driving satisfaction and behavioral intention to use e-resource among its users. Utilitarian, hedonic, uniqueness, epistemic, and economic are key values selected for the purpose of investigation in the study. This empirical study is carried out through a survey and responses have been analyzed using structural equation modelling. The target group is selected by means of simple random sampling (users of e-resources in selected business schools). Findings of the study reveal that utilitarian values, hedonic values, epistemic values, and uniqueness values have a significant impact on the usage intention of e-resources; however, economic values reflect an insignificant relationship to intention to use e-resources. The study is a distinctive piece of work on investigating the most and the least significant value(s) associated with satisfaction and usage intentions of e-resources.

AN IMPROVED IMPLICIT EULER METHOD FOR SOLVING INITIAL VALUE PROBLEMS

  • YUN, BEONG IN
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.26 no.3
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    • pp.138-155
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    • 2022
  • To solve the initial value problem we present a new single-step implicit method based on the Euler method. We prove that the proposed method has convergence order 2. In practice, numerical results of the proposed method for some selected examples show an error tendency similar to the second-order Taylor method. It can also be found that this method is useful for stiff initial value problems, even when a small number of nodes are used. In addition, we extend the proposed method by using weighted averages with a parameter and show that its convergence order becomes 2 for the parameter near $\frac{1}{2}$. Moreover, it can be seen that the extended method with properly selected values of the parameter improves the approximation error more significantly.

The Methods of Value Management to Support Decision-Making of Urban Regeneration Projects

  • Kang, Hyun-Koo;Yu, Jung-Ho;Kim, Chang-Duk;Son, Bo-Sik
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1503-1508
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    • 2009
  • The paradigm of urban generation does not lie in physical development/maintenance such as urban redevelopment any more. The paradigm is shifting to balanced activation of administration / management functions including central commerce/business functions, broad culture/tourism functions, international functions and adequate level of residence functions. The urban regeneration project aims to restore functions of cities by physical/environmental, living/cultural and industrial/economical regeneration and is managed differently from existing projects in that it includes multiple sub-projects in it. The overall projects management should be by managing the value sought by the urban regeneration project and multiple other sub-projects. The objective of this study is to present various methods of value management in order to avoid conflicts between various objectives within the said project. It aims to provide the value management methods for decision making by understanding correlatedness between values of various projects and prioritizing them.

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Hydrogen Policy Trends and Current Status of Hydrogen Technology Development by Value Chain (수소 정책 동향과 밸류체인별 수소 기술 개발 현황)

  • JAE EUN SHIN
    • Transactions of the Korean hydrogen and new energy society
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    • v.34 no.6
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    • pp.562-574
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    • 2023
  • Carbon neutrality has been suggested to overcome the global climate crisis caused by global climate change. Hydrogen energy is a major way to achieve carbon neutrality, and the developments and policies of hydrogen technology have been proposed to achieve this goal. To commercialize hydrogen energy resources, it is necessary to understand the overall value chain composed of hydrogen production, storage, and utilization and to present the direction of technological developments. In this paper the hydrogen strategies of major countries, including Europe, the United States, Japan, China, and South Korea will be analyzed, and hydrogen technologies by value chain will also be explain. This paper will contribute to understanding the overall hydrogen policy and technology, as both policy and technology are summarized.

SMOOTH SINGULAR VALUE THRESHOLDING ALGORITHM FOR LOW-RANK MATRIX COMPLETION PROBLEM

  • Geunseop Lee
    • Journal of the Korean Mathematical Society
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    • v.61 no.3
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    • pp.427-444
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    • 2024
  • The matrix completion problem is to predict missing entries of a data matrix using the low-rank approximation of the observed entries. Typical approaches to matrix completion problem often rely on thresholding the singular values of the data matrix. However, these approaches have some limitations. In particular, a discontinuity is present near the thresholding value, and the thresholding value must be manually selected. To overcome these difficulties, we propose a shrinkage and thresholding function that smoothly thresholds the singular values to obtain more accurate and robust estimation of the data matrix. Furthermore, the proposed function is differentiable so that the thresholding values can be adaptively calculated during the iterations using Stein unbiased risk estimate. The experimental results demonstrate that the proposed algorithm yields a more accurate estimation with a faster execution than other matrix completion algorithms in image inpainting problems.

Image Segmentation and Labeling Using Clustering and Fuzzy Algorithm (Clustering 기법과 Fuzzy 기법을 이용한 영상 분할과 라벨링)

  • 이성규;김동기;강이석
    • 제어로봇시스템학회:학술대회논문집
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    • 2000.10a
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    • pp.241-241
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    • 2000
  • In this Paper, we present a new efficient algorithm that can segment an object in the image. There are many algorithms for segmentation and many studies for criteria or threshold value. But, if the environment or brightness is changed, their would not be suitable. Accordingly, we apply a clustering algorithm for adopting and compensating environmental factors. And applying labeling method, we try arranging segment by the similarity that calculated with the fuzzy algorithm. we also present simulations for searching an object and show that the algorithm is somewhat more efficient than the other algorithm.

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A NOTE ON THE DISPERSION RELATION OF THE MODIFIED BOUSSINSQ EQUATIONS

  • Cho, Yong-Sik;Lee, Chang-hoon
    • Water Engineering Research
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    • v.1 no.4
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    • pp.293-298
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    • 2000
  • Optimal values of $\alpha$ characterizing the linear dispersion property in the modified Boussinesq equations are determined by minimizing the combined relative errors of the phase and group velocities. The value of $\alpha$ is fixed in previous studies, whereas it is varying in the present study. The phase and group velocities are calculated by using variable $\alpha$ and compared to those of the linear Stokes wave theory and previous studies. It is found that the present study produces the best match to the linear Stokes theory.

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