• Journal of the Korean Operations Research and Management Science Society
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• v.32 no.2
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• pp.163-175
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• 2007

[ $ulcorner$ ]Cost-Effectiveness Analysis$\lrcorner$ has been wifely used to evaluate economic efficiency of R&D projects, but most of cost-effectiveness evaluation systems have some problems such as systematic method for setting and evaluating cost factors, estimation of single effect on each R&D project, and estimation of cross effects among R&D projects. To solve these problems, we have designed a new evaluation indicator called a $ulcorner$Cost-Cross Effect Integration Indicator$lrcorner$ including cross effects developed in this research. The major research findings are summarized as follows : (1) $ulcorner$Coist Estimation Model$lrcorner$, which estimates the cost factors divided into two classes of assembly product and system product and then integrates the total cost values, has been designed. (2) A new method for estimating parameters of cross effects among R&D projects has been developed. (3) $ulcorner$Cross Effects Estimation Model$lrcorner$ to estimate multi-effects and cross effects by completion time among several projects has been designed. (4) $ulcorner$Integration Estimation Indicator$lrcorner$ for setting priority on a project group has been extracted by combination of total cost value and total effect value.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.11a
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• pp.21-24
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• 2003

$\ulcorner$Cost Effectiveness Analysis$\lrcorner$ has been widely used to evaluate the effectiveness of R＆D resources. But, almost of cost effectiveness evaluation systems have some problems, especially the cross effect among R＆D projects has not been considered. To solve this problem, we have designed a new $\ulcorner$Cross Effect Evaluation System(CEES)$\lrcorner$, which are able to estimate multi-effects and cross effects by completion time among several projects.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.1582-1590
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• 2011

An analysis of the railroad industry for R&D investments has been insufficient whereas there are lots of analysis of accumulation of technology, economic performances and ripple effects for macroscopic view and other industry of R&D investments. This study decided intellectual rights, patent, and paper as common indicators of scientific and technological performances for setting up performance targets through surveying and analysis of preceding study and verified a appropriateness of scientific and technological performances for railroad R&D 11 projects which were successfully finished. Preceding study has been set up performance targets by research investments as input, but this study made a performance target by model through a cross-sectional and residual analysis of performances of railroad R&D 11 Projects in applying research investments, capital investments, inner labor cost and inner labor cost per man and research time as inputs, and verified a validity and a empirical analysis through analysis of other project.

• Steel and Composite Structures
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• v.18 no.4
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• pp.985-1000
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• 2015

The method of cross-section analysis for different sections in a structural frame has been widely investigated since the 1960s for determination of sectional capacities of beam-columns. Many hand-calculated equations and design graphs were proposed for the specific shape and type of sections in pre-computer age decades ago. In design of many practical sections, these equations may be uneconomical and inapplicable for sections with irregular shapes, leading to the high construction cost or inadequate safety. This paper not only proposes a versatile numerical procedure for sectional analysis of beam-columns, but also suggests a method to account for residual stress and geometric imperfections separately and the approach is applied to design of high strength steels requiring axial force-moment interaction for advanced analysis or direct analysis. A cross-section analysis technique that provides interaction curves of arbitrary welded sections with consideration of the effects of residual stress by meshing the entire section into small triangular fibers is formulated. In this study, two doubly symmetric sections (box-section and H-section) fabricated by high-strength steel is utilized to validate the accuracy and efficiency of the proposed method against a hand-calculation procedure. The effects of residual stress are mostly not considered explicitly in previous works and they are considered in an explicit manner in this paper which further discusses the basis of the yield surface theory for design of structures made of high strength steels.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.597-598
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• 2015

In order to improve the reliability of cost estimation results using CBR, there has been a continuous issue on similarity measurement to accurately compute the distance among attributes and cases to retrieve the most similar singular or plural cases. However, these existing similarity measures have limitations in taking the covariance among attributes into consideration and reflecting the effects of covariance in computation of distances among attributes. To deal with this challenging issue, this research examines the weighted Mahalanobis distance based similarity measure applied to CBR cost estimation and carries out the comparative study on the existing distance measurement methods of CBR. To validate the suggest CBR cost model, leave-one-out cross validation (LOOCV) using two different sets of simulation data are carried out. Consequently, this research is expected to provide an analysis of covariance effects in similarity measurement and a basis for further research on the fundamentals of case retrieval.

• Korean Journal of Agricultural Science
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• v.32 no.2
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• pp.151-167
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• 2005

In this study, certain factors influencing cherry tomato were estimated using system equations. In addition, the amount of influence to income from each factor was estimated from both direct and indirect effects. Based on OLS(Ordinary Least Squares) estimation, path analysis and factor analysis were employed to overcome multicollinearity problems. Data used in this study is interviewed cross sectional data of 65 cherry tomato producing farm in Chungnam-do area. Average age of the producers is 46.5. Average year of the production is 8 years. Average farm size, productivity, and income are 1,123 pyong, 7,439kg/10a, 8,112,000won/10a, respectively. The business performance of the sample farms were above average, in terms of the diagnosis by "Standard Business Diagnosis for Cherry tomato". To identify the factors influencing productivity, 15, 19, and 25 independent variables were selected for the dependent variables of yield, price(quality), and business cost, respectively. Finally, yield, quality, and business cost variables were set as independent variables to explain income as dependent variable. As a result of main factor analysis, 10, 12, 15, and 16 factors were identified as main factors for yield, quality, business cost, and income, respectively.

• Journal of the Korean Society for Railway
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• v.14 no.3
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• pp.285-294
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• 2011

An analysis of railroad industry has been insufficient whereas there are lots of analysis of accumulation of technology, economic performances and ripple effects for macroscopic view and other industry of R&D investments. This study decided intellectual rights, patent, and paper as common indicators of scientific and technological performances for setting up performance targets through surveying and analysis of preceding study and verified a appropriateness of scientific and technological performances for railroad R&D 11 projects which were successfully finished. Preceding study has been set up performance targets by research investments as input, but this study made a performance target by model through a cross-sectional and residual analysis of performances of railroad R&D 11 Projects in applying research investments, capital investments and inner labor cost per man and research time as inputs, and verified a validity and a empirical analysis through analysis of other project.

• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.2
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• pp.45-61
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• 1990

This study examines shareholder wealth effects in tender offers and attempts to explain abnormal return variations of bidding and target firms at announcement of takeovers using the free cash flow hypothesis of Jensen. On average, bidders with large free cash flows pay higher premia (apparently more than fair market value) to targets than do other bidders with no free cash flows. Thereby, these bidders experience negative wealth effects on announcement of tender offers. Cross-sectional regression analysis suggests that for the subsample of takeover bids where bidders have large free cash flows, the increase in the debt ratio resulting from takeover has a significant positive wealth effect for bidding firm shareholders, while it has no effect in other subsamples. The evidence is consistent with the free cash flow hypothesis.

• Journal of the Korean Society of Costume
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• v.66 no.8
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• pp.46-60
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• 2016

Countries have different brassiere patterns, and this study produced and compared 3/4 brassiere patterns from different countries to determine the difference in patterns, and to investigate the stress distribution and shape of cross section while wearing brassieres using 3D virtual fitting system. Despite the growing interest in underwear, there is a lack of related books and research on brassiere patterns, which causes the difference in sizes and pattern drafting methods by countries. Thus, research on this is needed. 3D virtual fitting system has been introduced to compare patterns, thereby improving visible effects and reducing the loss in cost caused by underwear pattern fitting test. According to the result of pattern analysis, The Secoli type exhibited the least breast cover rate (14.9 cm), while the largest cover rate was shown in Christina and ESMOD types (17.7 cm). It is believed that the difference in pattern drafting causes the difference in the total length of a brassiere. Furthermore, the Secoli, Moda Burgo, and ESMOD brassieres drafted from basic bodice pattern were found to be longer than the Christina and Han Sunmi brassieres attained from direct pattern drafting. Moreover, the darts' volume of upper and lower cups in Christina and Han Sunmi types was similar in shape. The shapes of cradle drafted from basic bodice pattern were a straight line, while those from direct drafting formed a curved shape. In fitting multiple cross sections, the Secoli, Moda Burgo, and ESMOD brassieres had gaps between the brassieres and the body. Among these, the largest number of gaps was observed in the ESMOD type pattern. This study aimed at performing comparative analysis of various brassieres' pattern drafting types as a basic research for developing a brassiere pattern drafting type.

• Management & Information Systems Review
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• v.34 no.3
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• pp.61-78
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• 2015

The purpose of this study is to analyze the impact of cash holdings on internationalization of listed manufacturing firms. We explore moderating effect of managerial ownership between cash holdings and internationalization of firms. We analysed cross-sectional data of 645 listed companies from 2000 to 2013 using the fixed effects estimation. Empirical results showed that the there was a positive significant relation between cash holdings and internationalization of firms This study also found that managerial ownership have a significant negative moderating effects in the pathway between cash holdings and internationalization Cash liquidities can be rapidly induced internationalization. Managerial ownership increase agency cost, therefore, it might have a negative effects on internationalization These results suggest that agency cost with cash holdings is very important for cash management.