• Title/Summary/Keyword: Business event

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Risk-based Operational Planning and Scheduling Model for an Emergency Medical Center (응급의료센터를 위한 위험기반 운영계획 모델)

  • Lee, Mi Lim;Lee, Jinpyo;Park, Minjae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.2
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    • pp.9-17
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    • 2019
  • In order to deal with high uncertainty and variability in emergency medical centers, many researchers have developed various models for their operational planning and scheduling. However, most of the models just provide static plans without any risk measures as their results, and thus the users often lose the opportunity to analyze how much risk the patients have, whether the plan is still implementable or how the plan should be changed when an unexpected event happens. In this study, we construct a simulation model combined with a risk-based planning and scheduling module designed by Simio LLC. In addition to static schedules, it provides possibility of treatment delay for each patient as a risk measure, and updates the schedule to avoid the risk when it is needed. By using the simulation model, the users can experiment various scenarios in operations quickly, and also can make a decision not based on their past experience or intuition but based on scientific estimation of risks even in urgent situations. An example of such an operational decision making process is demonstrated for a real mid-size emergency medical center located in Seoul, Republic of Korea. The model is designed for temporal short-term planning especially, but it can be expanded for long-term planning also with some appropriate adjustments.

Recovery Techniques for Deleted Email Items in Email Client (이메일 클라이언트 내의 삭제된 이메일 복원에 관한 연구)

  • Jeong, Cho-Rong;Lee, Keun-Gi;Lee, Sang-Jin
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.21 no.6
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    • pp.45-54
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    • 2011
  • Corporations use e-mail as their primary method for internal communication and business processes. By their nature, the e-mails are in general used for major business processes that contain large amounts of business information. When there is a critical event, such as Technology leakage, an e-mail message can become important evidence. However, as there is a high likelihood that a suspect will intentionally erase an e-mail message, the ability to recover deleted e-mail is very important. This pater analyzes the deleted e-mail item structure in files of various e-mail clients, and explains the possibility and methods of recovery.

Analyzing ESG practices of fashion businesses in Korea (국내 패션기업의 ESG 실행 현황 분석)

  • Park, Kyungae;Heo, Soonim
    • The Research Journal of the Costume Culture
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    • v.30 no.1
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    • pp.102-120
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    • 2022
  • With the growing importance of ESG as a must-have business strategy, this study attempted to analyze the current state of ESG practices in the Korean fashion businesses. The ESG cases of fashion business were collected from news articles searched on the largest Korean internet portal by November 2021 from October 2020 when the number of articles began to increase meaningfully. Three hundred ninety one ESG cases of 112 fashion manufacturing brands and 332 ESG cases of 49 retail brands were analyzed. Casual and outdoor/sportswear brands among fashion manufacturers were most active in ESG practices, and various online and offline retailers were practicing ESG. Approximately one-third of the fashion brands were positioned as eco-friendly concept. While environmental practices were the most practiced ESG, governance was the least practiced. Among environmental practices, fashion manufacturing businesses were most active in eco-friendly product development, while retail businesses were in eco-friendly campaign-event-service and eco-friendly packaging. The most active social practice was the contribution to communities, followed by retail businesses' sharing growth with partner businesses. Governance practices were focused on the structure and operation of the board. Various ESG collaborations with various partners were also observed. The research result is meaningful verifying and diagnosing the ESG practices of the Korean fashion businesses.

The Effect of Psychological Control Felt by Overseas Medical Tourists on Service Satisfaction and Word of Mouth Communication (해외 의료관광객이 느끼는 통제력이 서비스 만족 및 구전의도에 미치는 영향)

  • Chengcheng Ma;Jungki Lee
    • Asia-Pacific Journal of Business
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    • v.14 no.3
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    • pp.25-44
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    • 2023
  • Receiving medical services abroad is an event that involves a high level of risk and stress for most people. This study proposes and empirically examines perceived control as a factor that has a potential to reduce the stress associated with overseas medical experience and enhance satisfaction with it. Based on the research findings in environmental psychology, one's perceived control was divided into cognitive control, behavior control, and decision control. A research model and a set of hypotheses were constructed to investigate the effect of each control on satisfaction and word-of-mouth communications among consumers who had overseas medical service experiences. The data collection was conducted through an online survey of 220 Chinese consumers who had visited Korea as plastic medicine tourists. Satisfaction with their service experience was significantly affected by both behavioral control and decisional control, but not by cognitive control. Thus, Chinese medical tourists prefer to maintain the belief that they are in charge of major decisions associated with the medical procedure, and that the results of the medical procedure will have personally desirable consequences. In addition, satisfaction experienced by Chinese consumers with overseas medical services had a significant impact on their word-of-mouth activities. Based on the research results, a set of academic and practical implications were derived.

Fault-Free Process for IT System with TRM(Technical Reference Model) based Fault Check Point and Event Rule Engine (기술분류체계 기반의 장애 점검포인트와 이벤트 룰엔진을 적용한 무장애체계 구현)

  • Hyun, Byeong-Tag;Kim, Tae-Woo;Um, Chang-Sup;Seo, Jong-Hyen
    • Information Systems Review
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    • v.12 no.3
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    • pp.1-17
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    • 2010
  • IT Systems based on Global Single Instance (GSI) can manage a corporation's internal information, resources and assets effectively and raise business efficiency through consolidation of their business process and productivity. But, It has also dangerous factor that IT system fault failure can cause a state of paralysis of a business itself, followed by huge loss of money. Many of studies have been conducted about fault-tolerance based on using redundant component. The concept of fault tolerance is rather simple but, designing and adopting fault-tolerance system is not easy due to uncertainty of a type and frequency of faults. So, Operational fault management that working after developed IT system is important more and more along with technical fault management. This study proposes the fault management process that including a pre-estimation method using TRM (Technical Reference Model) check point and event rule engine. And also proposes a effect of fault-free process through built fault management system to representative company of Hi-tech industry. After adopting fault-free process, a number of failure decreased by 46%, a failure time decreased by 56% and the Opportunity loss costs decreased by 77%.

Research on Data Replication Method for Building an Enterprise Disaster Recovery System (엔터프라이즈 재해복구시스템 구축을 위한 데이터 복제 방안 연구)

  • Hyun-sun Kang
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.1
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    • pp.411-417
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    • 2024
  • In the event of a disaster, it is essential to establish a disaster recovery plan and disaster recovery system to minimize disruption to major IT infrastructure and provide continuous business services. In the process of building a disaster recovery system, data replication is a key element of data recovery to provide uninterrupted and continuous business services in the event of a disaster. The data replication method can be determined depending on the system configuration environment and disaster recovery goal level. In this paper, we present a method for determining a data replication method suitable for the configuration environment and disaster recovery target level when building a disaster recovery system. In addition, the replication method decision procedure is applied to build a disaster recovery system and analyze the construction results. After establishing the disaster recovery system, a test was conducted to determine whether the service was transferred to the disaster recovery center in a disaster situation and normal service was provided, and the results were analyzed. As a result, it was possible to systematically select the optimal data replication method during the disaster recovery system construction phase. The established disaster recovery system has an RTO of 3.7 hours for service conversion to the disaster recovery center to provide continuous business services, and the disaster recovery level, which was Tier 2, has been improved to the target level within 4 hours of RTO and RPO=0.

Stormwater Runoff Characteristics of Non-point Source Pollutants according to Landuse of Urban Area (도시지역 토지이용에 따른 비점원 오염물질 유출특성)

  • Jeong, Dong-Hwan;Shin, Dongseok;Rhew, Doughee;Jung, Dongil
    • Journal of Environmental Impact Assessment
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    • v.16 no.6
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    • pp.525-532
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    • 2007
  • In order to establish and implement the total maximum daily load (TMDL) management plan in Korea, it is necessary to set the source units and calculate discharge loads for non-point source pollutants such as BOD, COD, SS, TN and TP. This study analysed the corelation between stormwater runoff characteristics and event mean concentrations (EMCs) of non-point source pollutants. As the result of the corelation analysis, we knew that all the antecedent dry days (ADD) and the rainfall correlated lowly with non-point source pollutants in the urban areas such as resident area, industrial area, business area, road area and parking area. Therefore, it is necessary to get all samples from stormwater starting point to stormwater ending point and standardize the sampling method of stormwater in order to obtain more accurate EMCs for landuse.

The Influence of Customer Satisfaction on Market Value of the Corporate (고객만족도가 기업가치에 미치는 영향)

  • Bae, Jungho;Lee, Hee-Tae
    • Journal of Distribution Science
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    • v.16 no.10
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    • pp.55-64
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    • 2018
  • Purpose - The most important goal of corporate management is the maximization of firm value in the market. Executives of companies are making effort to increase corporate value and initiate various management strategies, which is to develop the products or service with value. Through these efforts, consumer satisfaction grows and loyalty increases, which leads to the positive change of customer satisfaction index. The purpose of this research is to find out the abnormal return after the KCSI(Korean Customer Satisfaction Index) is announced. Research design, data, and methodology - This research data is collected from 11 years' stock price in KOSPI market and KCSI. The authors analyze the abnormal return triggered by the announcement of KCSI through the event study. Results - First, newly enlisted companies in the KCSI show statistically significant short-term abnormal rate of return. Second, the value of the customer satisfaction index is not the level of customer satisfaction but the direction of the change in the CSI. Conclusion - Customer satisfaction has the important intangible asset in the marketing area. However, firms' investment for CS is not an easy decision, because of the difficulty to measure the effect on corporate market value. This research investigates the change of the market value after the announcement of KCSI. Based on the results, firms have to keep trying to increase KCSI relative to the previous year. And the small company has to struggle for being newly listed in the KCSI.

A Study of an Anomalous Event Detection using White-List on Control Networks (제어망에서 화이트 리스트 기법을 이용한 이상 징후 탐지에 관한 연구)

  • Lee, DongHwi;Choi, KyongHo
    • Convergence Security Journal
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    • v.12 no.4
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    • pp.77-84
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    • 2012
  • The control network has been operated in a closed. But it changes to open to external for business convenience and cooperation with several organizations. As the way of connecting with user extends, the risk of control network gets high. Thus, in this paper, proposed the technique of an anomalous event detection using white-list for control network security and minimizing the cyber threats. The proposed method can be collected and cataloged of only normal data from traffic of internal network, control network and field devices. Through way to check the this situation, we can separate normal and abnormal behavior.

Foreign Investors' Abnormal Trading Behavior in the Time of COVID-19

  • KHANTHAVIT, Anya
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.63-74
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    • 2020
  • This study investigates the behavior of foreign investors in the Stock Exchange of Thailand (SET) in the time of coronavirus disease 2019 (COVID-19) as to whether trading is abnormal, what strategy is followed, whether herd behavior is present, and whether the actions destabilize the market. Foreign investors' trading behavior is measured by net buying volume divided by market capitalization, whereas the stock market behavior is measured by logged return on the SET index portfolio. The data are daily from Tuesday, August 28, 2018, to Monday, May 18, 2020. The study extends the conditional-regression model in an event-study framework and extracts the unobserved abnormal trading behavior using the Kalman filtering technique. It then applies vector autoregressions and impulse responses to test for the investors' chosen strategy, herd behavior, and market destabilization. The results show that foreign investors' abnormal trading volume is negative and significant. An analysis of the abnormal trading volume with stock returns reveals that foreign investors are not positive-feedback investors, but rather, they self-herd. Although foreign investors' abnormal trading does not destabilize the market, it induces stock-return volatility of a similar size to normal trade. The methodology is new; the findings are useful for researchers, local authorities, and investors.