• 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.

• Journal of the Korean Operations Research and Management Science Society
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• v.19 no.1
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• pp.17-40
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• 1994

The objectives of this paper are to apply fuzzy cognitive map (FCM)- related techniques to (1) extract causal knowledge from a specific problem-domain and (2) perform a series of causal analysis in complicated decision making area. We propose a set operation-based augmentation (SOBA) algorithm to combine multiple FCMs developed by multiple experts. Based on the SOBA knowledge acquisition algorithm, we can obtain a causal knowledge base fairly representing multiple experts' knowledge about a problem domain. The causal knowledge base built by SOBA algorithm can be described as a matrix form, guaranteeing mathematically compact operation compared with a production (if-then) knowledge base. We applied out method to stock market analysis problem whichis a typical of highly unstructured problems in OR/MS fields.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 1996.11a
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• pp.519-523
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• 1996

The polishing tool unit is developed which can be attached on the machining center and automatic polishing system for die and mold is also established. So, experiments are carried out under the several polishing conditions. The polishing properties of automatic polishing operation such as surface roughness, stock removal and maximum profile valley depth are obtained and analyzed quantitatively for each polishing tool. The purpose of this study is to construct an expert system for optimal condition of die and mold automatic polishing using the knowledge base that is obtained in the polishing experiments and, to verify the feasibility of the expert system through the experiments. Using this expert system, unskilled operators will be able to obtain the knowledge and experience of an expert.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.32 no.1
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• pp.1-9
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• 2000

This study was carried out to improve the opacity of printing paper. Conventional filler loading enhanced the opacity of paper, but subsequently caused reduction of paper strength of paper. We try to seek a new filler loading method so-called beater loading that enhances opacity of paper as well as sustained desire strength. In our experiment, comparing to direct loading method, the beater loading method enhanced 0.8% of opacity and 0.2% of brightness. This also decreased the rates of strength reduction of paper. Therefore, the results obtained in this study indicated that beater loading was a very effective method to improve the opacity of paper while not to decreased so much of paper strength.

• Asian Journal of Innovation and Policy
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• v.5 no.2
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• pp.129-145
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• 2016

This is a case study to analyze the role of technology licensing or transfer office (TLO) as factors of success for the spin-off from government research lab. The case company is a research lab startup, which is a joint venture through technology investment by a government research lab or university in the designated R&D parks and cash investment by the partner company. The case company listed on the stock market in 2015 reaching a market capitalization of US$ 1.2 billion. We confirm the success factors of startups pointed out in many studies: original technology, good understanding of core technology and production technology, technological competitiveness in the market. However, there is an important factor not well discussed in the previous studies, the role of TLO. TLO guided the company ownership, management, technology, and solved problems that pause business itself. The case became the sample of research lab startup and technology investment in Korea.

• Economic and Environmental Geology
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• v.18 no.4
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• pp.301-308
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• 1985

I.P exploration is conducted mainly at the alluvium covered granodiorite stock of the Red Hill area at the Dongjeom coal mine, employing Canadian Mcphar equipments of variable frequencies-domain method along a total of 8.5 survey line. Mineralization zone is found by LP anomalies along the I.P the profile of frequency mode. Comparing with the past drilling data, the cause of each anomly is furthermore identified as copper bearing mineralized zones. As alteration and mineralization cover all over the Red-Hill altered grandiorite, copper bearing sulfide veinlets and strings filled out the fractured and altered zones.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.2053-2058
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• 2008

Extruded aluminium panels have been widely used for railway vehicle structures because of their light specific weight and other merit. In the past, GMAW (Gas Metal Arc Welding) and GTAW (Gas Tungsten Arc Welding) were mainly used to join aluminium panels. But recently friction stir welding (FSW) is widely used. due to its lots of advantage. In this study aluminium A6005-T6 which are used for car body structures was chosen. The influence of main parameters such as : pin rotating speed, welding speed, shoulder diameter, pin length and tilting angle on mechanical properties was examined. Optical microscope observation, micro hardness test and tensile test were carried out. Tensile strength of the stir welded plates is 74% of that of the base material.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1137-1142
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• 2008

In this paper, an effect on power conversion unit in high-speed railway vehicle by loss of contact between a catenary system and pantograph suppling electrical power to high-speed railway vehicle are investigated. One of the most important needs accompanied by increasing the speed of high-speed railway vehicle is reduced that arc phenomenon by loss of contact brings out EMI. in case of high-speed railway vehicle using electrical power, as comparison with diesel rolling stock, PLD(Power Line Disturbance) such as harmonic, transient voltage and current, EMI, dummy signal injection etc usually occur. To analysis the effect on loss of contact, it is necessary electrical modeling system between the contact line and the pantograph according to the loss of contact. Therefore analytical model of a contact line and a pantograph is constructed to simulate the behaviour of loss of contact. The reliability of the modeling system is verified by simulation implementation on kinds of loss of contact.

• Management & Information Systems Review
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• v.3
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• pp.77-97
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• 1999

The purpose of this paper is to measure the international competitiveness of insurance business and to analyze its determinants empirically. I have attempted to use Revealed Comparative Advantage(RCA) index to measure domestic competitiveness. confining to OECD countries only. Among domestic competitiveness advantage countries in the insurance, there are Austria, Denmark, France. Japan, Korea... etc. The factors of domestic competitiveness determinants were found out through multivariate regression analysis with panel data$(1990{\sim}1995)$. In insurance industry, statistically significant variables are employee's per capita premium of insurance company (Pro), stock market capitalization/GDP(MVESR), saving rate (SAV) and real interest(RMMR), while they are Pro, MVESR, and real interest in Korea insurance industry.

• Proceedings of the Korea Society for Industrial Systems Conference
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• 2006.05a
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• pp.235-240
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• 2006

The existing inventory managements bear a relation to forecasting or assumptions. So these methods become more complicated and more expensive systems as time goes. This paper developed a practical inventory system which is called DCC(demand control chart). DCC does not 'forecast' but 'control' the trend of demand without assumptions. According to the trend of sales, DCC adjusts an order quantity considering the capacity of shelf in a store. Specially, DCC is a useful method under FRID system. Besides, this paper introduces EPFR(Every Period Full Replenishment) policy for reducing stocks.