• Journal of KIBIM
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• v.11 no.3
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• pp.1-11
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• 2021

BIM is one of the means of reducing the economic loss caused by design errors. These features of BIM have led to increased use of BIM. With the increasing use of BIM, several studies have been conducted to analyze the performance of BIM. As the importance of BIM staff is emphasized in the performance analysis of BIM, the human resource allocation of BIM staff can become an important research issue. However, there are few studies to measure the workforce effectiveness of BIM staff. Ham et al (2020) measured BIM workforce efficiency using FCFS queue model rules. Since design errors can have different effects on the project depending on the type, there are design errors that must be dealt with first. Therefore, in this study, a priority queue was used to solve design errors with high priority first. The performance of BIM-based design verification was analyzed by quantitatively analyzing the performance of BIM staff when the priority rule was applied to the design error processing sequence.

• Journal of the Korea Institute of Military Science and Technology
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• v.19 no.1
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• pp.57-65
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• 2016

Threat evaluation is a process to estimate the threat score which enemy aerial threat poses to defended assets. The objective of threat evaluation is concerned with making an engagement priority list for optimal weapon allocation. Traditionally, the threat evaluation of massive air threats has been carried out by air defence experts, but the human decision making is less effective in real aerial attack situations with massive enemy fighters. Therefore, automation to enhance the speed and efficiency of the human operation is required. The automatic threat evaluation by air defense experts who will perform multi-variable judgment needs formal models to accurately quantify their linguistic evaluation of threat level. In this paper we propose a threat evaluation model by using a fuzzy rule-based inference method. Fuzzy inference is an appropriate method for quantifying threat level and integrating various threat attribute information. The performance of the model has been tested with a simulation that reflected real air threat situation and it has been verified that the proposed model was better than two conventional threat evaluation models.

• Journal of Korea Port Economic Association
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• v.28 no.4
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• pp.257-274
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• 2012

Since service competition among global supply chains became intensified, market-oriented system, instead of the existing cost-based system, for port service pricing has been strongly recommended in order to enhance their long-term viability and competitiveness. The Owen value of cooperative game frameworks allows us to apply a market-oriented pricing theory for the port pricing in the case of Gwangyang port to verify its usefulness. The analytical results of this paper suggested some solutions in the problem of berth-based cost allocation by a characteristic function and also showed the proper relative weights of factors to derive the quay use index by Budescu(1993). We also suggested a favorable port pricing system to major shipping firms as well as a discount port pricing system for their strategic alliance. To put it differently, the results of this study enable the port managers to make out some strategic port pricing system like the reasonable discount in port charge for the larger ship owners using the ports frequently.

• Journal of Korea Port Economic Association
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• v.29 no.2
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• pp.1-17
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• 2013

This paper aims to review the fairness of carriers' incentive schemes at Gwangyang port in 2010 and to show the desirable incentive allocation rules using the proportional and egalitarian rules under cooperative game theory. The carriers' incentive schemes at Gwangyang port in 2010 did not meet the no-envy and the efficiency, and satisfy the symmetry axiom. According to the research findings, the equal surplus method satisfies the axioms of equity, efficiency, symmetry, and progressivity. However, the uniform losses method meets the axioms of equity, efficiency, symmetry, and regressivity. We use a single allocation criterion of the total throughput to show the regressivity and the symmetry principles into the incentive scheme instead of using multiple criteria such as total throughput, increased volume, and coastal volume. The uniform losses method based on the total throughput can distribute the incentive amount according to the intent of the incentive schemes. Hence, we need to establish a rationing system to allocate reasonably the total amount of different types of incentives, avoiding the temptation to adjust the volume shipped between the ports of carriers considering the efficiency of allocation.

• The Korean Journal of Financial Management
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• v.2 no.1
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• pp.55-75
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• 1986

This article is to analyse the economic efficiency of capital market, which plays a role of resource allocation in terms of financial claims such as stock and bond. It provides various contributions to the welfare theoretical aspects of modern capital market theory. The key feature that distinguishes the theory described here from traditional welfare theory is the presence of uncertainty. Securities has time dimensions and the state and outcome of the future are really uncertain. This problem resulting from this uncertainty can be solved by complete market, but it has a weak power to explain real stock market. Capital Market is faced with the uncertainity because it is a kind of incomplete market. Individuals and firms in capital market made their consumption-investment decision by their own criteria, i. e. the maximization of expected utility form intertemporal consumption and the maximization of the market value of firm. We noted that allocative decisions that had to be made in the economy could be naturally subdivided into two groups. One set of decisions concerned the allocation of first-period resources among consumption $C_i$, investment in risky firms $I_j$, and riskless investment M. The other decisions concern the distribution among individuals of income available in the second period $Y_i(\theta)$. Corresponing to this grouping, the theoretical analysis of efficiency has also been dichotomized. The optimality of the distribution of output in the second period is distributive efficiency" and the optimality of the allocation of first-period resources is 'the efficiency of investment'. We have found in the distributive efficiency that the conditions for attainability is the same as the conditions for market optimality. The necessary and sufficient conditions for attainability or market optimality is that (1) all utility functions are such that -$\frac{{U_i}^'(Y_i)}{{U_i}^"(Y_i)}={\mu}_i+{\lambda}Y_i$-linear risk tolerance function where the coefficients ${\mu}_i$ and $\lambda$ are independent of $Y_i$, and (2) there are homogeneous expectations, i. e. ${\Large f}_i(\theta)={\Large f}(\theta)$ for every i. On the other hand, the efficiency of investment has disagreement about optimal investment level. The investment level for market rule will not generally lead to Pareto-optimal allocation of investment. This suboptimality is caused by (1)the difference of Diamond's decomposable production function and mean-variance valuation model and (2) the selection of exelusive investment or competitive investment. In conclusion, this article has made an analysis of conditions and processes of Pareto-optimal allocation of resources in capital marker and tried to connect with significant issues in modern finance.

• The Journal of the Korea Contents Association
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• v.18 no.3
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• pp.557-567
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• 2018

This paper studies the relationship between general investors' allotment ratio and underpricing for the companies that were newly listed in KOSDAQ market after the 20% rule, from March 2004 to December 2013, by empirical analysis. It is shown that the excess allotment ratio over 20% has a strong explanatory power for underpricing ratio under the 1% significance level. Furthermore, the general investors' allotment ratio is a significant explanatory variable of underpricing ratio under the 5% significance level. There are many hypotheses about underpricing, however, if underpricing is evident with high allocation ratio for general investors, it can be regarded as a signal of company's confidence in earnings after listing. In conclusion, this study reveals that general investors' allotment ratio can be used as a major explanatory variable that has a significant effect on the degree of undervaluation in the IPO market.

• Journal of the Korea Society for Simulation
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• v.29 no.4
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• pp.65-72
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• 2020

The purpose of this study is to analyze the adequacy of product qualification criteria through Monte-Carlo simulation and association rule analysis. We first surveyed the similar procurement systems, then we simulated the bid situation that randomly generated several vendors participated in a bid, and they obtained the score according to the product qualification criteria's judgement area. Then, the company with the highest score will win the bid, and further analysis was performed in terms of performance indicator and satisfaction ratio. The results of this study can be summarized as follows; Although the items related to the credibility accounted for the largest number items, it did not affect the actual bid results. It was analyzed that it is desirable to increase the allocation points in the area of business status and technical capability review than the current one.

• IE interfaces
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• v.13 no.1
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• pp.92-99
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• 2000

Conflicts and interruptions caused by resource failures and rush orders require a nonlinear dynamic production management. Generally the PP&C systems used in industry presently do not meet these requirements because of their rigid concepts. Starting with the grasp of the disadvantages of current approaches, this paper presents a control structure that enables system to react to various malfunctions using a planning tolerance concept. Also, production processes are modeled by using Fuzzy-Petri-Net modeling tool in other to handle the complexity of job allocation and the existence of many disparities. On the basis of this model the developed system support the short-term shop control by rule based decision.

• Journal of electromagnetic engineering and science
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• v.12 no.1
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• pp.1-7
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• 2012

In this paper, we investigated the throughput of a cognitive radio network where two primary frequency channels (PCs) are sensed and opportunistically accessed by N secondary users. The sharing sensing member (SSM) protocol is introduced to sense both PCs simultaneously. According to the SSM protocol, N SUs (Secondary User) are divided into two groups, which allows for the simultaneous sensing of two PCs. With a frame structure, after determining whether the PCs are idle or active during a sensing slot, the SUs may use the remaining time to transmit their own data. The throughput of the network is formulated as a convex optimization problem. We then evaluated an iterative algorithm to allocate the optimal sensing time, fusion rule and the number of members in each group. The computer simulation and numerical results show that the proposed optimal allocation improves the throughput of the SU under a misdetection constraint to protect the PCs. If not, its initial date of receipt shall be nullified.

• Proceedings of the KIEE Conference
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• 1991.07a
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• pp.363-365
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• 1991

This paper presents a method for feeder reconfiguration in order to operate distribution systems efficiently using heuristic rules. The reconfiguration method presented here not only eliminates various abnormal states but also achieves minimum power loss and optimum load balance of the distribution feeders under normal operating condition transfering loads from one feeder to anoter applying the experiences of the experts. To implement the method effectively, a best-first tree searching strategy based on heuristics is used to evaluate the various load transfer alternatives. The development of a rule-based system aimed at the reduction of the search space is presented as a means of implementing the best-first searching strategy. The results of the computer simulation of the above procedure are as follows; 1) achieving minimum power loss of the distribution feeder adopting the optimum load transfer alternative. 2) Enhencing system reliability and achieving load balance through rational allocation of the feeder loads.