• International Journal of Highway Engineering
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• v.14 no.5
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• pp.123-132
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• 2012

PURPOSES: This study is to investigate the consideration which relates with a disaster from route alignment process and proposed the method it will be able to evaluate a disaster danger fixed quantity. METHODS: Use the landslide disaster probabilistic map of GIS based and in about landslide occurrence of the route alignment at the time of neighboring area after evaluating a risk fixed quantity, it compared LCC expense in about each alternative route. It developed the system it will be able to analyze a LCC and a disaster risk in about the alternative route. In order to verify a risk analytical algorithm and the system which are developed it selected national road 59 lines on the demonstrative route and it analyzed a disaster risk. RESULTS: Demonstrative route not only the disaster risk to be it will be able to compare a disaster risk fixed quantity like the economical efficiency degree in compliance with LCC expense productions it compared and there being the designer will be able to decide the alternative route, it confirmed. CONCLUSIONS: Roads can be designed by considering occurs repeatedly landslides and debris flow caused by disasters in advance and expect to be able to effect that can reduce the overall cost to recover losses caused by the disaster, and temporally loss is expected.

• Journal of Distribution Science
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• v.15 no.11
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• pp.41-48
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• 2017

Purpose - Capital structure adjustment costs influence the test of the standard trade-off theory of capital structure. We investigate whether there exist economically significant capital adjustment costs in the Korean retail industry. Research design, data, and methodology - This paper adopts the model of Leary and Roberts(2005) to obtain the hazard rate of capital structure variations. The retail firms traded in the KOSPI and KOSDAQ markets are analyzed from 2000 to 2016. Results - The empirical analysis shows infrequent capital structure adjustments in the Korean retail firms. The duration analysis emphasizes that the fixed adjustment cost plays an important role in the determination of capital structure adjustments for the Korean retail firms. Yet, even after taking account of infrequent capital structure adjustments, the trade off theory only weakly explains the capital structure variations of the Korean retail firms. Conclusions - This paper confirms the existence of capital structure adjustment costs for the Korean retail firms. Our results argue for the significance of fixed adjustment costs in capital structure adjustments. Such emphasis on the fixed cost is inconsistent with the existing studies. The trade off theory does not successfully explain capital structure policy in the Korean retail firms even after considering adjustment costs.

• The Journal of the Korea institute of electronic communication sciences
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• v.10 no.2
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• pp.275-282
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• 2015

Since a NAND-flash memory is able to keep data during electricity-off and has small cost to store data per bytes, it is widely used on hand-held devices. It is necessary to use an index in order to process mass data effectively on the flash memory. However, since the flash memory requires high cost for a write operation and does not support an overwrite operation, it is possible to reduce the performance of the index when the disk based index is exploited. In this paper, we implement the fixed grid file index and evaluate the performance of the index on various conditions. To do this, we measure the average processing time by the ratio of query operations and update operations. We also the compare the processing times of the flash memory with those of the magnetic disk.

• Journal of Navigation and Port Research
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• v.45 no.5
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• pp.259-275
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• 2021

This study analyzed the decision-making process in ship finance for the choice between fixed and floating interest rates using behavioral finance theories. Results confirmed that causes and background of decision-making processes could be explicitly explained by the framework of behavioral finance theories. This study also determined whether decisions were irrational. A case-study research was applied as the methodology. Decision-making data on ship finance collected through narrative and questionnaire responses were analyzed and evaluated using behavioral finance theories. Theories of behavioral finance used in the analysis and research of this study included availability heuristic, anchoring effect, and opportunity cost theory. Narrative and survey responses were clearly explained by theories of behavioral finance. It was found that a shipping company suffered additional losses owing to decisions that included behavioral finance errors. Behavioral finance theories largely influenced the decision-making process of choosing between a fixed interest rate and a floating interest rate. Shipping finance decisions related to interest rate selections could be clearly explained by behavioral finance theories. Errors related to behavioral finance could result in irrational decisions. Thus, managers who are responsible for shipping finance should remain vigilant toward any behavioral finance errors when making shipping finance decisions.

• Proceedings of the Korean Society for Technology of Plasticity Conference
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• 2008.10a
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• pp.118-121
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• 2008

Flexible die is more efficacious than fixed die which is generally used in stretch forming process in view of production cost. Accordingly, in order to verily the validity of the flexible forming process, curved thin skin structure forming analyses using the fixed and flexible die were performed. As results, merit and demerit with regard to the fixed and flexible die were confirmed. The result of the stretch forming process analysis using the flexible die was better than that using the fixed die in view of the elastic recovery. However wrinkles were occurred on the sheet material due to die cavities between the punches in the flexible forming process, thus the solutions against these problems were presented.

• Korea Journal of Hospital Management
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• v.23 no.2
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• pp.42-53
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• 2018

Purpose: this study investigates the effect of private health insurance on healthcare utilization. Methodology: For the analysis, we employed the three level nested two part model. Findings: the private health insurance adoption was associated with higher health care utilization. In particular, indemnity and fixed insurances adoption was associated with higher probability of outpatient visit, the number of outpatient visit and outpatient cost. While indemnity insurance adoption was associated with higher inpatient admission probability and inpatient days, fixed insurance adoption was associated only with higher inpatient admission probability. Practical Implications: indemnity and fixed insurance adoption were related with the adverse selection as well as moral hazard.

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 2003.09a
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• pp.195-204
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• 2003

Network optimization is being increasingly important and fundamental issue in the fields such as engineering, computer science, operations research, transportation, telecommunication, decision support systems, manufacturing, and airline scheduling. Networks provide a useful way to modeling real world problems and are extensively used in practice. Many real world applications impose on more complex issues, such as, complex structure, complex constraints, and multiple objects to be handled simultaneously and make the problem intractable to the traditional approaches. Recent advances in evolutionary computation have made it possible to solve such practical network optimization problems. The invited talk introduces a thorough treatment of evolutionary approaches, i.e., hybrid genetic algorithms approach to network optimization problems, such as, fixed charge transportation problem, minimum cost and maximum flow problem, minimum spanning tree problem, multiple project scheduling problems, scheduling problem in FMS.

• Journal of Communications and Networks
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• v.9 no.4
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• pp.438-445
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• 2007

In this paper, we consider the problem of optimum selection of quality-of-service(QoS) classes in interworking between the networks in a next-generation-network(NGN) environment. After introducing the delay-cost and loss-cost characteristics, we discuss the time-invariant(TI) and time-variant(TV) scenarios. For the TI case, we show that under nearly lossless transmission condition, each network can make its own optimization regardless of other networks. For the TV case, we present sufficient conditions under which the optimum QoS class of each network can be considered fixed with respect to time without considerable degradation in the optimization target. Therefore, under the conditions presented in this paper, the QoS of a flow in each network can be determined solely by considering the characteristics of that network and this QoS class can be held fixed during the flow period.

• Journal of the Korea Safety Management & Science
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• v.14 no.2
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• pp.221-228
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• 2012

This paper analyzed twenty-six production-related KPI(Key Performance indicator) factors of business diagnosis, such as personnel, equipment, materials, operations and quality affecting company business competition to 186 small machinery manufacturers in 2010. Also, we explained the concept of Business Positioning and divided research subjects into four Business Positioning Groups formed break-even point ratio & fixed cost ratio to sales and then we compared between the 4 groups using Logistic Regression analysis by SAS statistical software package. The objective of this study is two-fold. The first is to find out production-related KPI factor of superior Business Positioning Group. The second is to suggest improvement ways for small manufacturers in order to get better profitable Business Positioning.

• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.422-425
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• 2003

CBP market which is the first stage of competitive electricity market has been operated and the KPX has been established since April, 2001 by restructuring plan for electricity industry. Baseload unit are settled with baseload CP and BLMP in CBP market. The other unit are settled with peakload CP and SMP. The difference of settlement between two groups occurs the profit changes of the unit. This paper analyzes the profit by units under settlement rule in CBP market. It analyzes the difference between market clearing price and variable costs, and fixed cost recovery through CP income. Finally, this paper suggests the plan how market was affected by the difference of fixed cost recovery by generators and how to improve Intermediate and peak load unit's profit.