• Title/Summary/Keyword: Early Adjustment Process

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A Case Study of Modified Real Options Valuation Model for Early Stage Start-Ups in the Game Industry (초기 게임개발사 가치평가 모형 사례 연구)

  • Yoo, Changsok;Jung, Jaeki;Poe, Baek
    • Journal of Korea Game Society
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    • v.14 no.4
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    • pp.67-74
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    • 2014
  • Real options valuation models are now proved as a effective valuation method both in Theoretically and empirically. However, to use real options model for early stage start-ups, additional non-financial information is crucial in the valuation process. Previous studies theoretically suggested the modified real options valuation model and process to use non-financial information in the valuation of early stage startups, but there is no empirical evidence on the suggested model. Therefore, this study investigated the effectiveness of the modified real options valuation model using a case study. The case study result showed that the modified real options valuation effectively reflect the non-financial information in early stage startups, and decrease the forecasting error in the valuation process.

A Study on the Derivation and Sensitivity Analysis of the Adjustment Factor in the Software Cost Estimation Guidelines (소프트웨어 사업대가기준 보정계수의 유도 및 민감도 분석)

  • Byun, Boon-Hee;Kwon, Ki-Tae
    • The KIPS Transactions:PartD
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    • v.15D no.1
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    • pp.61-72
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    • 2008
  • One of the most significant tasks of software development project is to know how much it will be the software development cost in the early stage of software development cycle. The software development environment and technology are changing very rapidly. For accuracy, we should apply those to the software cost estimation. And it is important that we select the suitable adjustment factor and the value of a suitable adjustment factor. For that, this paper have applied the method of AHP. And we have also analyzed the sensitivity of the adjustment factor which is influenced by decision metrics. In conclusion, the value of the application type adjustment factor is responded more sensitively to the data complexity and the control complexity than processing complexity. And the value of the language adjustment factor is responded more sensitively to the supplying manpower and the time of the coding than the time of the debugging. In the future, we will research the selection of an additional adjustment factor and a suitable value of the adjustment factor which are influenced by the environment and the technology of the domestic software development. And then, in the language adjustment factor, we will try to calculate the value about the individual programming language.

Causes of Change Orders in the Military Facility Construction Projects and Suggestions for Improvement (군사시설 건설사업의 설계변경 요인분석 및 개선방향)

  • Lee, Kyoung-Han;Choi, Jong-Soo
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.3
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    • pp.263-271
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    • 2013
  • Change orders have been widespread in both the private and public construction sectors. In particular, in the case of G2B (Government to Business) contracts, adjustment of contract price and/or schedule extension is a frequent occurrence due to change orders. To uncover the causes of change orders and suggest an appropriate strategy, this study analyzed 296 cases of change orders in military facility construction projects from 2008 to 2010. The analysis revealed that the major causes of change orders are users' additional requirements (28.38%), a change of finishing materials (23.99%), and change of footing type (17.57%), in that order. Building on the results of this analysis, the authors suggest plans for practical improvements. Specific recommendations include 1) reflect user requirements at the early stage, 2) minimize the use of additional budget due to change orders, and 3) reduce the process and time for contract amendment, among others. The results of this study may provide significant implications to those involved in military construction projects, particularly project owners (i.e., the Ministry of Defense) and contractors.

A Study on the Concept and Mechanism of 'The Pi Controls the blood(脾統血)' ('비통혈(脾統血)'의 개념(槪念)과 기전(機轉)에 관한 고찰(考察))

  • Kim, Jong-hyun
    • Journal of Korean Medical classics
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    • v.29 no.2
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    • pp.165-176
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    • 2016
  • Objectives : This study was done to investigate the formation process of the 'The Spleen controls the blood(脾統血)' concept, to clarify what this concept means and the mechanism of its physiology. Methods : Contents including 'Controlling blood(統血)' and 'Binding blood(攝血)' were searched and analyzed in medical classics. Previous researches were applied. Results & Conclusions : The concept of 'Controlling blood' could be defined as the control of blood movement. This means that it sends blood to where it's needed, and inhibits flow from where it's excessive. 'The Spleen controls the blood' was not used as a physiologic term in early books like Huangdineijing(黃帝內經). It was first used in the 13C, then widely after the 16C. The mechanism of 'Controlling blood' could be classified as the function of 'Production', 'Distribution', and 'Adjustment' of blood. 'Production' of blood can reduce blood fever(血熱) and blood stasis(瘀血), and prevent bleeding. 'Distribution' of blood can reduce the symptoms raised by lack of blood in the five viscera and body. 'Adjustment' of blood means maintaining homeostasis and stability of the human body. Pi can adjust blood flow and prevent blood from being imbalanced.

Eddy Formation Near the Izu-Ogasawara Ridge and its Link with Seasonal Adjustment of the Subtropical Gyre in the Pacific

  • Ihara, Chie;Kagimoto, Takashi;Masumoto, Yukio;Yamagata, Toshio
    • Journal of the korean society of oceanography
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    • v.37 no.3
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    • pp.134-143
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    • 2002
  • Using OGCM results, we have shown that the ring-like cold baroclinic eddies associated with cyclonic circulation are shed from late summer to early fall near the Izu-Ogasawara Ridge from the Kuroshio Extension owing to baroclinic instability. On the other hand, warm baroclinic eddies are generated by the intensified western boundary current associated with the warm anomaly accumulated near the Ridge in winter, which corresponds to the basin-wide barotropic intensification of the wind-driven gyre in winter. We are successful in reproducing the behavior of those meso-scale eddies using a simple two-layer primitive equation model driven by seasonal winds associated with the positive curl. Those eddies carry barotropic seasonal signals originated in the Pacific Basin quite slowly west of the ridge; this process introduces a phase lag in the timing of the seasonal maximum transport in the Philippine Basin west of the ridge. It Is demonstrated that the existence of bottom topography, baroclinicity, and nonlinearity due to advection are three necessary elements for the generation of these eddies south of Japan.

Research on Introduction of Toi-Maru in Mid-Joseon Period and Structural Adjustment of Frame Work in Roof Structure (조선 중기 툇마루의 도입과 상부가구의 구조적 대응)

  • Bae, Chang-Hyun;Jeon, BongHee
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.35 no.11
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    • pp.117-128
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    • 2019
  • The necessity of the Toi-Maru has increased greatly in order to enter to the building or to move conveniently in the building after the mid-Joseon period, when the combination of On-dol Ma-ru began to be universally used. According to this process, the 3-Dori type upper structure is thought to have undergone the typological changed by securing a more stable space of Toi-Maru In cases where a relatively large girder was used, it is often the case that the space is divided using a pillar to place a Toi-Maru on the front. However, it is difficult to find a case where the width of the Toi-Maru exceeds 1meter due to its structural limit. The type that made additional Toi-girder to overcome the spatial constraint of this structure and replaced the method of former typology after Mid-Jpseon period. In case of 5-Dori type, Toi-Maru installed in between high post and Toi post in early period. In these type, the width of Toi-Maru was subordinated by the location of milled Dori of roof structure and sometimes it became too excessive. 5-Dori type with Pyon-ju occurred to overcome these restriction between the width of Toi-Maru and the location of milled Dori of roof structure. Not a few remains of Mid-Jpseon period keeping the evidences of changing process of roof structure provoked by Toi-Maru installation. The consistent process of Toi-Maru installation and structural adjustment will be focused to consider the attempt to spatial requirement and architectural reaction in Mid-Joseon perid.

Fundamental Properties and Adiabatic Temperature Rise of Concrete with the Combination of Mineral and Chemical Admixture (혼화재료의 조합사용에 따른 콘크리트의 기초물성 및 단열온도상승 특성)

  • Jeon Chung Keun;Kim Jong;Shin Dong-An;Yoon Gi-Won;Han Cheon Goo
    • Proceedings of the Korea Concrete Institute Conference
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    • 2005.05b
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    • pp.345-348
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    • 2005
  • This paper presents the result of adiabetic temperature rise and fundamental properties of concrete combining admixtures. According to results, difference of setting time with I5.5hours is observed between S-P and R-F30 mixture. Based on the adiabetic temperature rise test, 8$^{circ}C$of heat producted occurs between E-P and R-F30 mixture. is applied to estimate the temperature rising under adiabetic curing condition, which exhibits closer consistency with tested value. The function mentioned above can account for the effect of dormant period in hydration process at early stage on hydration heat production. It reveals that the consideration of placing layer based on the mixture adjustment(E-P mixture at top layer and R-F30 mixture at bottom layer) in mass concreting will contribute to reduce hydration heat as well as alleviate tensile stress discrepancy between placing layer.

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The Color Painting on Yellow Poplar (Liriodendron tulipifera L.) Board for Using Furniture Materials (가구재 이용을 위한 백합나무 판재의 도장방법)

  • Park, Sang Bum;Lee, Min
    • Journal of the Korea Furniture Society
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    • v.24 no.4
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    • pp.345-349
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    • 2013
  • Yellow poplar is well known commercial hardwood species in the world because of its availability, rapid growth, large size, excellent form, early natural pruning, and the good working quality of the wood. Therefore, yellow poplar (Liriodendron tulipifera L.) has been adopted in South Korea for decades ago, and its cultivating the saplings and silvicultural system have been studied. However, yellow poplar is still embroiled in controversy for utilization of use and worth. This species has not only advantages such as lower weight, light color, and higher machinability and bending processing, but also has disadvantages which are bad smell and different colors on heartwood and sapwood. In this study, the objective was that use of yellow poplar board as furniture materials by drying and painting process. Thirty years old yellow poplar was cut and dried for 7 days by high-frequency dryness. Adjustment of color tone to walnut color was conducted with multiple colorants and various number of spread times. Uniform color of yellow poplar on heartwood and sapwood was accomplished by applying 1 time stain (green), 2 times transparent primer, 1 time middle-painting (walnut), and 2 times top-painting (walnut) in sequentially. The painted yellow poplar board was used to manufacture table and dressing table. During the furniture manufacture process, no critical issues were occurred on part of jointing and painting. This painting method may be useful data for future use of yellow poplar as furniture materials.

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Theoretical Basis and Application of the Neurac Technique Which Uses the Sling Exercise Therapy (슬링운동치료를 이 용한 Neurac 기법의 이론적 근거와 적용방법)

  • Kim, Suhn-Yeop;Kim, Taek-Yean
    • The Journal of Korean Academy of Orthopedic Manual Physical Therapy
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    • v.12 no.2
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    • pp.52-65
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    • 2006
  • Sling exercises therapy can speak as appliable comprehensive exercises therapy technique efficiently in general exercise field for injured worker's rehabilitation process and health improvement patient or athlete, injury or disease that have pain or dysfunction to neuromuscular system using that shake. At 1990 an early stage, because physical therapist and doctors of medical treatment developed country norway of north europe cooperate sling exercises therapy's concept trend spreading worldwide establishing theory newly based on scientific basic be. Musculoskeletal system, old man and young child's nervous system injurer's treatment and exercise and industry worker's rehabilitation process, athlete's rehabilitation etc. several fields introduced in early 2000s to Korea apply. Sling exercises therapy neuromuscular system disease continuous abatement as general concept of active exercise and treatment that use sling exercises equipment by purpose know can. This review article wishes to introduce about neuromuscular activation, "Neurac" technique that can speak as step developed more concept based on application principle etc, of basic sling exercises effort's change by suspension point's change that is concept, stability exercises principle, open kinetic chain exercises and closed kinetic chain exercises. Arranged about Plateau potential's characteristic and working mechanism and Neurac technique's application method that can say as Neurac technique's neuro-physiologic base, and presented treatment method of lumbar part disease and cervical part, shoulder joint part disease to application example. Because plateau potential forward player that induce using Neurac technique in part muscles that act role that keep spine surrounding stability in this article keeps muscle's contraction continuously, between global and local muscles, presented several study findings that can cause affirmative change in insufficient muscle adjustment state such as imbalance of muscles' action order. Expect that case studies that use this Neurac technique here after consist continuously.

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A study on the development of family resilience enhancement program for couples in early stage of marriage (결혼초기부부의 가족레질리언스 강화 프로그램 개발 연구)

  • Choi, Jung Sook
    • Korean Journal of Family Social Work
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    • no.23
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    • pp.103-152
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    • 2008
  • The purpose of this study was to develop a program for couples in early stage of marriage for enhancing family resilience based on the concept of 'Family Resilience' by Walsh. Based on the literature review of couples in early stage of marriage, marital enrichment, and Family Resilience, a program focused on belief system, organizational pattern, and communication process was designed and implemented. The program was applied to seven couples in early stage of marriage for four (3hours/session/week) sessions. The Wilcoxon Signed Ranks Test was used to compare the pre and post effects of the program. By operating a focus group composed of the program participants, a qualitative analysis of the participant's evaluation was performed. The pre and post comparative analysis showed a significant enhancement in belief system, organizational pattern, communication process, and dyadic adjustment. The results of the qualitative study in the focus group also reinforced the effectiveness of the program. The evaluation showed that the 3 hour/ 4 session program was appropriate in terms program format. The significances of this study are the concretion of the concept of Family Resilience and providing practice tools for the daily practitioner.