• Title/Summary/Keyword: Cost Attributes

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Research on Adoption and Preference of 5G using Learning Service (5G 교육 서비스의 채택과 선호에 관한 연구: 대학생을 중심으로)

  • Lee, Junghwan;Kim, Sungbum
    • The Journal of the Korea Contents Association
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    • v.20 no.1
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    • pp.192-201
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    • 2020
  • This study commercialization of 5G will enable transformation of university education. This study identifies five attributes (device type, learning place, learning content, learning field and expense payment) and corresponding levels to study the impact of 5G in the future of university education. The attributes and the levels are then combined into few 5G education service alternatives for respondents to rank. 102 students ranked the alternatives based on their preferences and intent to use. Results indicate that the intent to use 5G-based education service was high with 86% and the most important factor was expense payment (37%), followed by learning field (26%), learning content (24%), device type (8%) and learning place (5%). Specifically, students preferred smart device, practical and experiential content, ubiquitous (no limitation of space and time) learning, practical education and free rate when adopting 5G-based education service. These will provide implications to accelerate adoption of and exploitation of 5G for innovating university education.

The Evaluation Analysis of Competitiveness among Target Ports with Environmental Changes of Global Logistics (세계물류환경변화에 따른 대상항만의 경쟁력평가분석)

  • 김진구
    • Journal of Korea Port Economic Association
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    • v.19 no.2
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    • pp.1-32
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    • 2003
  • The purpose of this study is to identify and evaluate the competitiveness of ports in ASEAN(Association of Southeast Asian Nations), which plays a leading role in basing the hub of global logistics strategies as a countermeasure in changes of logistics environments. This region represents most severe competition among Mega Hub ports in the world in terms of container cargo throughput at the onset of the 21st century. The research method in this study accounted for overlapping between attributes, and introduced the HFP method that can perform mathematical operations. The scope of this study was strictly confined to the ports of ASEAN, which cover the top 100 of 350 container ports that were presented in Containerization International Yearbook 2002 with reference to container throughput. The results of this study show Singapore in the number one position. Even when we compare with major ports in Korea (after getting comparative ratings and applying the same data and evaluation structure), the number one position still goes to Singapore and then Busan(2) and Manila(2), followed by Port Klang(4), Tanjung Priok(5), Tanjung Perak(6), Bangkok(7), Inchon(8), Laem Chabang(9) and Penang(9). In terms of the main contributions of this study, it is the first empirical study to apply the combined attributes of detailed and representative attributes into the advanced HFP model which was enhanced by the KJ method to evaluate the port competitiveness in ASEAN. Up-to-now, none has comprehensively conducted researches with sophisticated port methodology that has discussed a variety of changes in port development and terminal transfers of major shipping lines in the region. Moreover, through the comparative evaluation among major ports in Korea and ASEAN, the presentation of comparative competitiveness for Korean ports is a great achievement in this study. In order to reinforce this study, it needs further compensative research, including cost factors which could not be applied to modeling the subject ports by lack of consistently quantified data in ASEAN.

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An Efficient Incremental Maintenance Method for Data Cubes in Data Warehouses (데이타 웨어하우스에서 데이타 큐브를 위한 효율적인 점진적 관리 기법)

  • Lee, Ki-Yong;Park, Chang-Sup;Kim, Myoung-Ho
    • Journal of KIISE:Databases
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    • v.33 no.2
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    • pp.175-187
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    • 2006
  • The data cube is an aggregation operator that computes group-bys for all possible combination of dimension attributes. %on the number of the dimension attributes is n, a data cube computes $2^n$ group-bys. Each group-by in a data cube is called a cuboid. Data cubes are often precomputed and stored as materialized views in data warehouses. These data cubes need to be updated when source relation change. The incremental maintenance of a data cube is to compute and propagate only its changes. To compute the change of a data cube of $2^n$ cuboids, previous works compute a delta cube that has the same number of cuboids as the original data cube. Thus, as the number of dimension attributes increases, the cost of computing a delta cube increases significantly. Each cuboid in a delta cube is called a delta cuboid. In this paper. we propose an incremental cube maintenance method that can maintain a data cube by using only $_nC_{{\lceil}n/2{\rceil}}$ delta cuboids. As a result, the cost of computing a delta cube is substantially reduced. Through various experiments, we show the performance advantages of our method over previous methods.

Object & Parameter based Schematic Estimation Model for Predicting Cost of Building Interior finishings (오브젝트-파라미터기반 건축마감공사비 개산견적 모델)

  • Koo, Kyo-Jin;Park, Sung-Ho;Park, Sung-Chul;Song, Jong-Kwan
    • Korean Journal of Construction Engineering and Management
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    • v.9 no.6
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    • pp.175-184
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    • 2008
  • For deciding the profitability and feasibility of the construction project, the schematic estimation has to not only link the design decision-making but also estimate the cost with reliability. The prototype-based schematic estimation system was developed for easily linking with design-making and supports to evaluate the design alternatives in the design development stage but didn't consider the cost estimated by parameter and additional work items by users. This research presents the object-parameter based schematic estimation model in the design development stage that can lead to accurately estimate the cost by using historical data from the high-storied office buildings. For the development of the proposed model for schematic estimation, after analyzing and classifying the work items from the Bills of Quantities(BOQs) and drawings of historical data, this research proposed the methods of estimating cost in accordance with attributes of each work item. In addition, a case study is performed for the effectiveness as comparing the previous estimating method with the proposed model.

A Study on Attribute Analysis of Software Development Cost Model about Life Distribution Considering Shape Parameter of Weibull Distribution (수명분포가 와이블 분포의 형상모수를 고려한 소프트웨어 개발 비용모형에 관한 속성분석 연구)

  • Kim, Hee-Cheul
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.11 no.6
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    • pp.645-650
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    • 2018
  • Software stability is the possibility of operating without any malfunction in the operating environment over time. In a finite failure NHPP for software failure analysis, the failure occurrence rate may be constant, monotonically increasing, or monotonically decreasing. In this study, based on the NHPP model and based on the software failure time data, we compared and analyzed the attributes of the software development cost model using the exponential distribution Rayleigh distribution and inverse exponential distribution considering the shape parameter of the Weibull distribution as the life distribution. The results of this study show that the Rayleigh model is the fastest release time and has the economic cost compared to the inverse-exponential model and the Goel-Okumoto model. Using the results of this study, it can be expected that software developers and operators will be able to predict the optimal release time and economic development cost.

ESTIMATING COSTS DURING THE INITIAL STAGE OF CONCEPTUAL PLANNING FOR PUBLIC ROAD PROJECTS: CASE-BASED REASONING APPROACH

  • Seokjin Choi;Donghoon Yeo;Seung H. Han
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1183-1188
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    • 2009
  • Estimating project costs during the early stage of conceptual planning is very important when deciding whether to approve the project and allocate an appropriate budget. However, due to greater uncertainties involved in a project, it is challenging to estimate costs during this initial stage within a reasonable tolerance. This paper attempts to develop a cost-estimate model for public road projects under these circumstances and limitations. In the conceptual planning stage of a road project, there is only limited information for cost estimation, for example, such input data as total length of the route, origin and destination, number of lanes, general geographic characteristics of the route, and other basic attributes. This implies that the model should individuate suitable but restricted information without considering detailed features such as quantity of earthwork and a detailed route of a given condition. With these limited facts, this paper applies a case-based reasoning (CBR) method to solve a new problem by deriving similar past problems, which in turn is used to estimate the cost of a given project based on best-fitted previous cases. To develop a CBR cost-estimate model, the authors classified 8 representative variables, including project type, the number of lanes, total length, road design grades, etc. Then, we developed the CBR model, primarily by using 180 actual cases of public road projects, procured over the last decade. With the CBR model, it was found that the degree of error in estimation can be reasonably reduced, to below approximately 30% compared to the final costs estimated upon the completion of detailed design.

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Data mining approach for identifying factors impacting construction accident costs: from indirect expenses perspectives

  • Ayesha Munira CHOWDHURY;Eun-Ju HA;Jae-ho CHOI
    • International conference on construction engineering and project management
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    • 2024.07a
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    • pp.319-326
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    • 2024
  • Construction projects account for a significant proportion of workplace hazards globally. While construction cost reports typically emphasize direct accident costs such as treatment expenses, nursing care costs, or disability benefits, indirect factors like work interruption loss costs or consolation costs are frequently overlooked, because it is relatively difficult to estimate those factors in advance. Recognizing and accurately estimating the indirect costs factors associated with construction accidents would not only shed light on the monetary impact these incidents have on overall project costs but also would enable to estimate the total accident cost in advance. The current study seeks to identify factors influencing indirect costs, which ultimately govern the total accident cost, through a data mining approach. A survey was conducted in domestic construction companies, resulting in a dataset of 1038 accident records collected from construction sites. First, statistical analysis was performed to uncover characteristics and patterns of factors affecting construction accident costs from both direct and indirect perspectives. Later, this study proposes four distinct machine learning (ML) models, comparing their performances in predicting the total accident cost (including indirect costs) in advance. Additionally, this research sheds light on an important issue in construction data analysis, which is the scarcity of data in a particular class, by applying random oversampling and random undersampling techniques. The suggested framework can assist practitioners and management in estimating construction accident costs and identifying the relevant attributes that impact accidents at the construction site for future practices.

Forecasting Substitution and Competition among Previous and New products using Choice-based Diffusion Model with Switching Cost: Focusing on Substitution and Competition among Previous and New Fixed Charged Broadcasting Services (전환 비용이 반영된 선택 기반 확산 모형을 통한 신.구 상품간 대체 및 경쟁 예측: 신.구 유료 방송서비스간 대체 및 경쟁 사례를 중심으로)

  • Koh, Dae-Young;Hwang, Jun-Seok;Oh, Hyun-Seok;Lee, Jong-Su
    • Journal of Global Scholars of Marketing Science
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    • v.18 no.2
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    • pp.223-252
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    • 2008
  • In this study, we attempt to propose a choice-based diffusion model with switching cost, which can be used to forecast the dynamic substitution and competition among previous and new products at both individual-level and aggregate level, especially when market data for new products is insufficient. Additionally, we apply the proposed model to the empirical case of substitution and competition among Analog Cable TV that represents previous fixed charged broadcasting service and Digital Cable TV and Internet Protocol TV (IPTV) that are new ones, verify the validities of our proposed model, and finally derive related empirical implications. For empirical application, we obtained data from survey conducted as follows. Survey was administered by Dongseo Research to 1,000 adults aging from 20 to 60 living in Seoul, Korea, in May of 2007, under the title of 'Demand analysis of next generation fixed interactive broadcasting services'. Conjoint survey modified as follows, was used. First, as the traditional approach in conjoint analysis, we extracted 16 hypothetical alternative cards from the orthogonal design using important attributes and levels of next generation interactive broadcasting services which were determined by previous literature review and experts' comments. Again, we divided 16 conjoint cards into 4 groups, and thus composed 4 choice sets with 4 alternatives each. Therefore, each respondent faces 4 different hypothetical choice situations. In addition to this, we added two ways of modification. First, we asked the respondents to include the status-quo broadcasting services they subscribe to, as another alternative in each choice set. As a result, respondents choose the most preferred alternative among 5 alternatives consisting of 1 alternative with current subscription and 4 hypothetical alternatives in 4 choice sets. Modification of traditional conjoint survey in this way enabled us to estimate the factors related to switching cost or switching threshold in addition to the effects of attributes. Also, by using both revealed preference data(1 alternative with current subscription) and stated preference data (4 hypothetical alternatives), additional advantages in terms of the estimation properties and more conservative and realistic forecast, can be achieved. Second, we asked the respondents to choose the most preferred alternative while considering their expected adoption timing or switching timing. Respondents are asked to report their expected adoption or switching timing among 14 half-year points after the introduction of next generation broadcasting services. As a result, for each respondent, 14 observations with 5 alternatives for each period, are obtained, which results in panel-type data. Finally, this panel-type data consisting of $4{\ast}14{\ast}1000=56000$observations is used for estimation of the individual-level consumer adoption model. From the results obtained by empirical application, in case of forecasting the demand of new products without considering existence of previous product(s) and(or) switching cost factors, it is found that overestimated speed of diffusion at introductory stage or distorted predictions can be obtained, and as such, validities of our proposed model in which both existence of previous products and switching cost factors are properly considered, are verified. Also, it is found that proposed model can produce flexible patterns of market evolution depending on the degree of the effects of consumer preferences for the attributes of the alternatives on individual-level state transition, rather than following S-shaped curve assumed a priori. Empirically, it is found that in various scenarios with diverse combinations of prices, IPTV is more likely to take advantageous positions over Digital Cable TV in obtaining subscribers. Meanwhile, despite inferiorities in many technological attributes, Analog Cable TV, which is regarded as previous product in our analysis, is likely to be substituted by new services gradually rather than abruptly thanks to the advantage in low service charge and existence of high switching cost in fixed charged broadcasting service market.

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A Method of Assigning Weight Values for Qualitative Attributes in CBR Cost Model (사례기반추론 코스트 모델의 정성변수 속성가중치 산정방법)

  • Lee, Hyun-Soo;Kim, Soo-Young;Park, Moon-Seo;Ji, Sae-Hyun;Seong, Ki-Hoon;Pyeon, Jae-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.1
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    • pp.53-61
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    • 2011
  • For construction projects, the importance of early cost estimates is highly recognized by the project team and sponsoring organization because early cost estimates are frequently a foundation of business decisions as well as a basis for identifying any changes as the project progresses from design to construction. However, it is difficult to accurately estimate construction cost in the early stage of a project due to various uncertainties in construction. To deal with these uncertainties, cost estimates should be made several times over the course of the project. In particular, early cost estimates are essential process for successful project management. For accurate construction cost estimates, it is necessary to compare cost estimates with actual costs based on historical project data. In this context, case-based reasoning (CBR), which is the process of solving new problems based on the solutions of similar past problems, can be considered as an effective method for cost estimating. To obtain this, it is also required to define the attribute similarities and the attribute weights. However, no existing method is capable of determining attribute weights of qualitative variables. Consequently, it has been a well-known barrier of accurate early cost estimates. Using Genetic Algorithms (GA), this research suggests the method of determining the attribute weight of qualitative variables. Based on building project case studies, the proposed methodology was validated.

Robust Design Method for Complex Stochastic Inventory Model

  • Hwang, In-Keuk;Park, Dong-Jin
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1999.04a
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    • pp.426-426
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    • 1999
  • ;There are many sources of uncertainty in a typical production and inventory system. There is uncertainty as to how many items customers will demand during the next day, week, month, or year. There is uncertainty about delivery times of the product. Uncertainty exacts a toll from management in a variety of ways. A spurt in a demand or a delay in production may lead to stockouts, with the potential for lost revenue and customer dissatisfaction. Firms typically hold inventory to provide protection against uncertainty. A cushion of inventory on hand allows management to face unexpected demands or delays in delivery with a reduced chance of incurring a stockout. The proposed strategies are used for the design of a probabilistic inventory system. In the traditional approach to the design of an inventory system, the goal is to find the best setting of various inventory control policy parameters such as the re-order level, review period, order quantity, etc. which would minimize the total inventory cost. The goals of the analysis need to be defined, so that robustness becomes an important design criterion. Moreover, one has to conceptualize and identify appropriate noise variables. There are two main goals for the inventory policy design. One is to minimize the average inventory cost and the stockouts. The other is to the variability for the average inventory cost and the stockouts The total average inventory cost is the sum of three components: the ordering cost, the holding cost, and the shortage costs. The shortage costs include the cost of the lost sales, cost of loss of goodwill, cost of customer dissatisfaction, etc. The noise factors for this design problem are identified to be: the mean demand rate and the mean lead time. Both the demand and the lead time are assumed to be normal random variables. Thus robustness for this inventory system is interpreted as insensitivity of the average inventory cost and the stockout to uncontrollable fluctuations in the mean demand rate and mean lead time. To make this inventory system for robustness, the concept of utility theory will be used. Utility theory is an analytical method for making a decision concerning an action to take, given a set of multiple criteria upon which the decision is to be based. Utility theory is appropriate for design having different scale such as demand rate and lead time since utility theory represents different scale across decision making attributes with zero to one ranks, higher preference modeled with a higher rank. Using utility theory, three design strategies, such as distance strategy, response strategy, and priority-based strategy. for the robust inventory system will be developed.loped.

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