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The Impact of IT Project Size and Types on IT Investment Decision Criteria (IT프로젝트 규모와 유형에 따른 IT투자 의사결정기준의 차이)

  • Lee Kukhie
    • Journal of Information Technology Applications and Management
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    • v.12 no.1
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    • pp.191-211
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    • 2005
  • This study investigates the decision criteria used in the context of IT investment decision making and empirically analyzes the impact of IT project size and types on the importance of decision criteria. 5 criteria which have been extracted from the previous studies and industry practices are budget, financial benefits. strategic value. risk, and the degree of proposer's eagerness. Data of 120 IT project proposals have been collected from 5 companies including bank, insurance. and stock trading company. As results of ANOVA test. 7 out of 10 hypothesis have been accepted statistically. That is. the bigger the project size. the higher the evaluation weight of project budget and risk criteria and the lower the weight of proposer's eagerness. And in case of the infrastructure investment type. the emphasis is placed more on strategic value and risk criteria and less on financial benefit and proposer's eagerness. These findings provide insights for both IT practitioners and researchers.

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Evaluation Criteria of IT Business Value : The Difference Between Ex Ante and Post Implementation Evaluation (IT 비즈니스 가치 평가관점 : 사전-사후 평가시점 및 정보시스템 유형별 차이)

  • Park, So-Hyun;Lee, Kuk-Hie
    • Journal of Information Technology Applications and Management
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    • v.15 no.1
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    • pp.203-224
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    • 2008
  • The purpose of this study is to investigate the evaluation perspectives of IT business value and empirically analyze the differences of evaluation perspectives between ex ante evaluation and post implementation evaluation, and among various information system types. 4 evaluation perspectives which have been used in the previous studies and in the field of industry practices are financial, customer, internal process, and growth, which are based on the BSC model. Data of 98 information systems have been collected from 89 companies including manufacturers, banks, insurances, and stock trading companies. As results of multi-way MANOVA test, 3 out of 8 hypothesis have been accepted statistically. While the order of importance of 4 perspectives in ex ante evaluation is customer, financial, internal process, and growth, the order of post implementation evaluation appears to be much different : that is, internal process, customer, financial, and growth. These findings provide insights for both IT practitioners and researchers.

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MULTI-ITEM SHELF-SPACE ALLOCATION OF BREAKABLE ITEMS VIA GENETIC ALGORITHM

  • MAITI MANAS KUMAR;MAITI MANORANJAN
    • Journal of applied mathematics & informatics
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    • v.20 no.1_2
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    • pp.327-343
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    • 2006
  • A general methodology is suggested to solve shelf-space allocation problem of retailers. A multi-item inventory model of breakable items is developed, where items are either complementary or substitute. Demands of the items depend on the amount of stock on the showroom and unit price of the respective items. Also demand of one item decreases (increases) due to the presence of others in case of substitute (complementary) product. For such a model, a Contractive Mapping Genetic Algorithm (CMGA) has been developed and implemented to find the values of different decision variables. These are evaluated to have maximum possible profit out of the proposed system. The system has been illustrated numerically and results for some particular cases are derived. The results are compared with some other heuristic approaches- Simulated Annealing (SA), simple Genetic Algorithm (GA) and Greedy Search Approach (GSA) developed for the present model.

Analyses of axial forces and displacements for turnout on the bridge (교량 상 분기기 축력 및 변위해석)

  • Kim, In-Jae;Kim, Jeong-Il;Yang, Shin-Choo;Han, Sang-Chul
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.311-316
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    • 2007
  • The improvement of speed and ride comfort requires a very horizontally and vertically rigid and non-flexible alignment. It is inevitable to construct many bridges depending on the topography of landscapes and obliged to lay turnouts on the bridges. In that case, special considerations have to be taken into account, i.e. permissible stresses of turnout components and limitations of displacements of bridge and turnouts. In this studies, numerical analyses for turnout/bridge interaction are carried out using commercial program LUSAS. The target of analytical model is the turnout layed near Pyeongrae-Hopyeng station on Kyeongchun line. The lead rail, stock rails, and the bridge are modelled using beam elements. Fasteners and ballast resistances are modelled using bi-linear spring elements. The turnout behaviors are investigated by varying the parameters such as span length of bridge, spring coefficients, and thermal loads.

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A Study on SLIP actual condition of rainy day at the time of Seoul Metro new style VVVF Inverter Rolling Stock (2,3 lines) (우천 시 서울메트로 신형 VVVF 전동차(2,3호선)의 슬립현상에 관한 연구)

  • Kim, Jae-Hyun;Kim, Ju-Tae;Nam, Jae-Ho;Son, Young-Jin
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.1371-1375
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    • 2010
  • Recently, the Seoul Metro has replaced the old series of Line No.2 and 3 to the new ones. In spite of the replacement, the new ones are more likely to be slippery compared to the old ones. Because the subway system has such short intervals, delayed subways influence the whole line systems, especially during the rush hours. And the slip causes the delay. Therefore we are willing to find out the reason why the new ones are more defective and we will try to mince it from the view of mechanical aspects and handling aspects of driving.

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Development and Revenue Service of Propulsion System Using Integrated Stack(PEM) and Heat Pipe (일체형 스택(PEM) 및 냉각장치를 적용한 전동차 추진제어장치 개발 및 상용화)

  • Gim, Myung-Han;Lee, Gwang-Guk;Park, Su-Yong
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.680-685
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    • 2007
  • Power semiconductor which is adapted in the rolling stock has a high practicality for capacity of high voltage and high speed switching. but it has a trouble of fever cause of high speed On, Off switching loss and the operating junction temperature is limited to $150^{/circ}C$ because is made from the silicon for the foundation material. Therefore, it is important to find a way out of this trouble and must make the countermeasure. In this research, the caloric value of the integrated PEM is calculated to adapt the optimized heat pipe and the reliability of the heat pipe is demonstrated through the cooling performance test and vibration test.

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Development a wheel scanner using RFID technology (RFID기술을 이용한 휠 스캐너 개발)

  • Chung, Su-Young;Ko, Young-Ho;Park, Young-Dae;Kim, Chang-Wook
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.197-205
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    • 2007
  • Radio frequency identification, or RFID, is a generic term for technologies that use radio wave to automatically identify people or objects. UHF RFID technology is used for everything from tracking goods within their supply chain, working in process and for other applications. If RFID is applied in wheel scanner that is a important equipment to measure a diameter, width, height of wheel, efficiency in maintenance will be improved because of checking data in real-time. In domestic technology, capacity of wheel scanner technology as well as RFID are less good than foreign goods there a up to current day a point of read range, anti-collision, a tolerance. Therefore, sturdy on the development of wheel scanner using RFID technology to measure wheel in maintenance of rolling stock was carried out in this paper.

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A study on automated process for surface finishing of die and mould using ultrasonic vibration (초음파 진동을 이용한 금형사상의 자동화 공정 연구)

  • Pyoug Y. S.;Kwon H. H.;Azuma N.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2002.11a
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    • pp.79-87
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    • 2002
  • An attempt to automate the surface finishing process of the die and mould has been carried out. An UMB(Ultrasonic Micro Burnishing) equipment which brought the micro plastic cold deformation to the 3D sculptured surface of mold and dies by ultrasonic vibration and static load, was developed and installed at the head stock of a vertical machining center. To be satisfied with the required surface roughness and hardness, the DB based program was also developed and applied. This equipment composes of UMB equipement, CNC vertical machining center, CAD/CAM system and the DB based program fer optimal condition. UMB processing effect was obtained from initial value Ral.25 and Hk337 to Ra0.085 and Hk521 and similar result was shown in industrial mould application.

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Study of Morphology and Physical Properties of Indian Mallow(Abutilon avicennae Gaertner) Fibers by CLSM( I ) (CLSM을 이용한 어저귀 섬유의 형태학적 특성과 물성 연구(제1보) -인피 및 목질부 섬유를 이용한 한지제조-)

  • 정선화;조남석
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.34 no.2
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    • pp.61-66
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    • 2002
  • This study was carried out to investigate sheet properties of Indian mallow hanji, made by different pulping methods such as alkali and sulfomethylated pulpings, and different stock compositions, various mixing ratios of bast fiber and woody core fibers. Effect of morphological properties of pulp stocks on the sheet formation and their optical properties were also evaluated using an image analyzer and confocal laser scanning microscope(CLSM). In addition, the effect of fiber distribution index(FDI), which was calculated based on the image in a z-direction of a sheet from CLSM, on the sheet properties of Indian mallow hanji was discussed. The proposed FDI had a good correlation with various properties of paper, such as apparent density, opacity, tear index, breaking length and zero-span tensile strength. Especially, sulfomethylated pulp sheets'FDI was higher than alkali pulp sheets.

Do Analyst Practices and Broker Resources Affect Target Price Accuracy? An Empirical Study on Sell Side Research in an Emerging Market

  • Sayed, Samie Ahmed
    • The Journal of Asian Finance, Economics and Business
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    • v.1 no.3
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    • pp.29-36
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    • 2014
  • This paper attempts to measure the impact of non-financial factors including analyst practices and broker resources on performance of sell side research. Results reveal that these non-financial factors have a measurable impact on performance of target price forecasts. Number of pages written by an analyst (surrogate for analyst practice) is significantly and directly linked with target price accuracy indicating a more elaborate analyst produces better target price forecasts. Analyst compensation (surrogate for broker resource) is significantly and inversely linked with target price accuracy. Out performance by analysts working with lower paying firms is possibly associated with motivation to migrate to higher paying broking firms. The study finds that employing more number of analysts per research report has no significant impact on target price accuracy -negative coefficient indicates that team work may not result in better target price forecasts. Though insignificant, long term forecast horizon negatively affects target price accuracy while stock volatility improves target price accuracy.