• International Journal of Quality Innovation
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• v.7 no.3
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• pp.1-14
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• 2006

Economic value added (EVA) is introduced on two levels: as index for evaluation of corporation and as index for evaluation of business unit. In the latter case, application of one and the same cost of capital to all business units of a business corporation may be possible, but it is a fundamental policy for EVA to apply different cost of capital to business units with different risks. Estimate of cost of capital of business units is a problem to be resolved. The author, focusing on the question of the estimate of cost of capital of business units, has conducted a demonstrative study on risk structure of cost of capital estimates by using financial indices of Japanese manufacturers (37 automotive industries, 141 electrical and electronic machinery industries, 63 food processing industries, 98 chemical industries, 125 general machinery industries) for a period of 5 years from 1995 to 1999. The author presumes that $\beta$ is explained by a regression formula ${\beta}=B_0+{\Sigma}B_iY_i+{\alpha}$ ($Y_i$: financial indices) and selects 40 explanatory variables from financial statements as risk components. Using their financial indices, the author concludes through a series of statistical analyses that there is a good likelihood of estimating cost of capital for Japanese industries and is convinced that it will lead to more reliable and practical results by assigning averages and variances to 40 primary financial indices for a period of 3 to 5 years selected in this demonstrative study.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.28 no.3
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• pp.121-132
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• 2005

Nowadays, Information Technology(IT) has become one of the most critical managerial decision areas, because its role in the business practice tends to be more important and hence the amount of the investment in growing. Since there is no dominant and promising measure to evaluate the IT performance, the managements have difficulties on the decision process for IT investment. In this paper, we propose an IT performance evaluation model. The proposed model starts with finding the business performance evaluation areas and the corresponding KPIs, and then concentrates on the IT performance evaluation areas corresponding to the business performance evaluation areas. To extract the specific and reliable KPIs for the IT performance measure, we map the business performance evaluation areas into the corresponding IT performance evaluation areas and then combine and adjust these KPIs with the KPIs obtained from the experiential field interview. Finally, We present the complete model which has 11 business performance indices and 48 IT performance indices are completed.

• Journal of Digital Convergence
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• v.7 no.2
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• pp.51-62
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• 2009

Most studies of organizational effectiveness previously done, have measured financial performance such as productivity, efficiency or subjective performance such as a commitment, satisfaction, and turnover intention of employees. However, these measurements have limitations to evaluate a organizational effectiveness in recent knowledge information era because evaluation of organizational effectiveness in knowledge-based society needs measurements in various aspects such as financial, customer, internal business process, and learning and growth. The purpose of this study is to overcome these problems and to introduce an appropriate system for evaluation of organizational effectiveness under knowledge management paradigm. In this paper, we suggest a Balanced Scorecard(BSC) as a new measurement standard of organizational effectiveness in a knowledge information era. The balanced scorecard is designed to help firms that have historically overemphasized short-term financial performance. When measuring organizational effectiveness through Balanced Scorecard(BSC) suggested by Kaplan and Norton[31], it is to present the measurement indices that can cover the limitation of the past evaluation indices of organizational effectiveness.

• Journal of the Korean Institute of Landscape Architecture
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• v.26 no.3
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• pp.225-236
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• 1998

The purpose of this study is to identify the important evaluatio items for developing the environmental sustainability indices of housing estate. In this research, the principles of environmental sustainability were established on the concept of ESSD, and twenty-two evaluation items were explored on the basis of questionnaire of experts, the twenty-two items are ranked in order of iportant level and it is a appeared that 'development density' is most iportant evaluation item. In conclusion, twelve important items were selectd; 'development density', 'preservation of natural forest and topography' , 'amount of green area', 'reduction of water pollution','reuse of wastes','garbage discharge','reduction of air pollution','distribution of land use','rainwater infiltraton and preservaton of underground water','site planning for energy saving','separated collection of wastes','access to natural forest andwaters around housing estate'

• Fire Science and Engineering
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• v.20 no.3 s.63
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• pp.101-106
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• 2006

This study set up hierarchies and indices of manmade disasters and determined weighted values and priorities of the evaluation indices for each hierarchy. It found that the relative importance of the prevention sphere is the most essential in measuring the weighted values and priorities, followed by that of the countermeasure sphere. The reason is that manmade disasters are sure to lead to damages, against which countermeasures should be taken by all means to search and save the injured persons.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.12
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• pp.705-712
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• 2003

In this paper, we propose new unified methodologies of reliability and its cost evaluation in power distribution systems. The unified method means that the proposed reliability approaches consider both conventional evaluation factor, i.e. sustained interruptions and additional ones, i.e. momentary interruptions and voltage sags. Because the three voltage quality phenomena generally originate from the outages on distribution systems, the basic and additional reliability indices are summarized considering the fault clearing mechanism. The proposed unified method is divided into the reliability evaluation for calculating the reliability indices and reliability cost evaluation for assessing the damage of customer. The analytic and probabilistic methodologies are presented for each unified reliability and its cost evaluation. The time sequential Monte Carlo technique is used for the probabilistic method. The proposed DVL(Demand Varying Load) model is added to the reliability cost evaluation substituting the average load model. The proposed methods are tested using the modified RBTS(Roy Billinton Test System) form and historical reliability data of KEPCO(Korea Electric Power Corporation) system. The daily load profile of the each customer type in domestic are gathered for the DVL model. Through the case studies, it is verified that the proposed methods can be effectively applied to the distribution systems for more detail reliability assessment than conventional approaches.

• Proceedings of the CALSEC Conference
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• 2003.09a
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• pp.148-154
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• 2003

An Evaluation System of Personal Information Competency was developed to evaluate individual Information competency and maturity levels in the enterprises of the information environment. The Evaluation System measures the requirements of information knowledge, skills, and mindset with the evaluation indices of personal information maturity. The indices are customized to four types of business departments - strategy Planning, development/maintenance, business applications, and administration support. Also, a maturity model of personal information competency is defined for interpretation of the evaluation results. The system was applied to assessment of actual human resources, 124 workers in an enterprise, to testify to its practical value. The case evaluation procedures include a series of questionnaires, written tests and application tests.

• Proceedings of the Korean Society of Agricultural Engineers Conference
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• 2005.10a
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• pp.429-435
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• 2005

This study attempts to develop indices in order to make an objective and effective evaluation of achievements in the first stage of operation of the Rural Village Development Project(RVDP) (the first 3 years of its operation). The results are as follows 1. Evaluation purposes are expansion of income-generating bases, improvement of living environments, strengthening of village's competence and establishment of an effective project's management system. 2. Evaluation items for the first three evaluation purposes, which are income-generating bases, improvement of living environments and strengthening of village's competence, are record of performance and substantiality in project's operation, results from operation, and capability in managing the project. Those for establishment of an effective project's management system are participation of habitants and the projects's management system. 3. As this study aims to develop the indices which can evaluate the state of operation in the interim of the project's operation and outcomes generated by then, the evaluation indices are selected by considering those criterions of representativeness, accessibility, usefulness and reliability. 4. As the indices developed in this study efficiency evaluate the process of project's operation and thus evaluate basically the project's operation on the basis of its efficiency. But, considering the purposes of the RVDP, it is included for the overall project's management system and plans for managing activities of the project to be evaluated on the basis of effectiveness.

• Proceedings of the Korean Society of Agricultural Engineers Conference
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• 2005.10a
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• pp.436-442
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• 2005

The purpose of this study is to develop indices and a scoring method for effectively evaluating the project of rural well-longevity villages which makes up for insufficient parts of existing projects on improving settlement foundation and production environment. Evaluating indices include qualitative factors originated from the characteristics of the project so a scoring method based on an information measure technique is used for evaluating the results from each village. Evaluating indices are provided differently depending on each purpose for evaluation. Result indices can be used for ranking project villages and fundamental indices can be used to analyze villages elaborately to improve project plans.

• Journal of the Earthquake Engineering Society of Korea
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• v.23 no.6
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• pp.329-339
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• 2019

The strategy for the management of earthquakes is shifting from post recovery to prevention; therefore, seismic performance management requires quantitative predictions of damage and the establishment of strategies for initial responses to earthquakes. Currently, seismic performance evaluation for seismic management in Korea consists of two stages: preliminary evaluation and detailed evaluation. Also, the priority of seismic performance management is determined in accordance with the preliminary evaluation. As a deterministic method, preliminary evaluation quantifies the physical condition and socio-economic importance of a facility by various predetermined indices, and the priority is decided by the relative value of the indices; however, with the deterministic method it is difficult to consider any uncertainty related to the return-year, epicenter, and propagation of seismic energy. Also this method cannot support tasks such as quantitative socio-economic damage and the provision of data for initial responses to earthquakes. Moreover, indirect damage is often greater than direct damage; therefore, a method to quantify damage is needed to enhance accuracy. In this paper, a Seismic Risk Assessment is used to quantify the cost of damage of road facilities in Pohang city and to support decision making.