• Title/Summary/Keyword: Investment Priority

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Development of Visual Inspection System for Culvert in Levee Using Checklists and Smart Phone (육안점검표 및 스마트폰을 이용한 하천제방 배수통문 육안점검시스템 개발)

  • Kim, Jin Man;Cho, Jin Woo;Choi, Bong Hyuck;Cho, Won Beom
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.17 no.3
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    • pp.97-107
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    • 2013
  • Culverts are structures constructed across river levees. Since river levees are to be constructed continuously, constructions of culvert are known to reduce the stability of river levees. In order to establish an effective inspection system of culverts, a visual inspection system using checklists and smart phone was recommended in this paper. It was determined that the recommended visual inspection checklist is applicable in establishing the investment priority based on the culvert's repair plan establishment, repair and precision safety inspection.

Technology and Issue on Embodiment of Smart Factory in Small-Medium Manufacturing Business (중소제조업 스마트공장 기술 동향과 이슈)

  • Park, Jong-man
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.40 no.12
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    • pp.2491-2502
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    • 2015
  • Main issue for embodiment of smart factory in small-medium manufacturing business(SMMB) is to whether might be successful or not in achieving a goal, exact materializing for smart factory related technology, and in seeking possible solutions for limited capacity to invest and develop technology. It is required for effective driving of manufacturing innovation 3.0 paradigm that ensures expertise to push forward technology policy based on value chain level of SMMB, and ensures detailed action plans by investment priority and development of core technology against global trend. This paper focuses to suggest countermeasure strategy and task through analysis of advanced technology and patent trend about industrial IoT(IIoT) and cyber physical system(CPS), and support embodiment of smart factory in underlying manufacturing innovation 3.0 scheme.

A Measurement of Degree of Cargo Concentration in Korean Ports Using the Entropy Index (엔트로피지수에 의한 국내항만의 화물집중도 측정)

  • 박노경
    • Journal of Korea Port Economic Association
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    • v.20 no.1
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    • pp.1-20
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    • 2004
  • The purpose of this paper is to analyze the degree of cargo concentration at Korean ports using Theil's Entropy and to compare the results with those of Gini coefficient, Hoyle(1983), and Hirshmann-Herfindahl models. The entropy indices were compared with other models after measuring the cargo concentration for the period of 1981-2000 among the 18 Korean ports. The core results of empirical analysis are as follows: first, the empirical results of entropy indices show the following trends: all the ports(concentration except 1996's slight deconcentration), ports in Western area(deconcentration in 1990s and slight concentration in 2000), ports in Southern area(deconcentration in 1980s and 1990s except concentration in 2000), and ports in Eastern area(continuous trends of concentration). However, competition power will be decreased if concentration is increased, because of the character of entropy index. The empirical results of 4 indices except Hoyle model show the comparatively same directions in terms of trends. This study found out the similar results among the following models: All the ports(entropy index & Gini coefficient & H-H model), ports in Western area(Entropy index &Hoyle model), ports in Southern area(Entropy index & Gini coefficient), and ports in Eastern area(Entropy index & H-H index).The policy planner of Korean ports should find out the determination factors of concentration and deconcentration of each ports and decide the investment priority, size and scope for balancing the development of regional ports.

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Regional Strategic Industry (RSI) Promotion Projects and Their Impact on Regional Economic Growth: Focused on Chungbuk Province Cases (지역전략산업육성사업과 지역경제성장 파급효과: 충북 사례를 중심으로)

  • Choi, Nam-Hee;Jo, Byung-Seol;Ahn, Yoo-Jeong;Lee, Man-Hyung
    • Korean System Dynamics Review
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    • v.14 no.1
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    • pp.5-29
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    • 2013
  • This study tries to measure the direct and indirect effects of the Regional Strategic Industry (RSI) promotion projects in Chungbuk Province in Korea. In specific, it critically examines whether there exists policy consistency and connectivity between the hardware-oriented Stage I (2002~2007) and the software-centered Stage II (2008~2012) RSI promotion projects. Applying System Dynamics (SD) techniques, this study examines complex system characteristics of RSI promotion projects, all of which have been derived from the causal and stock-flow models and their simulated results. Major findings are as follows: Firstly, 'the continuous investment' is regarded as the most crucial policy leverage for the strategic industry promotion and regional economic growth. Secondly, without exceptions, the RSI promotion projects should switch their evaluation criteria to performance-oriented ones. Thirdly, in selecting their subprojects, the RSI promotion projects should pay due attention to evaluating technology value and marketability. Fourthly, it should put policy priority in strengthening cluster networking and interconnectivity among projects, inevitably supporting a selective number of virtuous network systems. Fifthly, auxiliary projects such as marketing, technology aid, and knowledge-based services should not be overlooked.

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A Study on Embankment Slope Management System (성토사면유지관리시스템 개발에 관한 연구)

  • Kim, Seung-Hyun;Kim, Hong-Gyun;Lee, Jung-Yup;Koo, Ho-Bon
    • Proceedings of the Korean Geotechical Society Conference
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    • 2010.09a
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    • pp.749-758
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    • 2010
  • Embankment Slope (or Fill Slope) is defined as artificial slope formed by the filling of soil or rocks on the original ground. Recently a lot of embankment failures and collapse has occurred due to the increase of torrential rainfall and typhoons. Embankment collapse has lead to a great loss of lives and property therefore there is a need to establish a systematic embankment slope management system that will handle the maintenance and repair of risky embankment slopes. The objective of this study is to establish an "Embankment Slope Management Method" for embankment slopes located along national highways all over Korea. The method for field investigation of embankment slopes was recommended and the system for investment priority determination was also developed. The factors that lead to the collapse of embankment slopes caused by natural calamities were also determined through the initial survey of embankment slopes located along river fronts and mountainous areas.

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A Study on Searching for Valuation Model of Internet Security (인터넷 보안성의 가치 모형 탐색에 관한 연구)

  • Kim, Min-Choel
    • Journal of the Korea Computer Industry Society
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    • v.6 no.2
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    • pp.337-344
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    • 2005
  • This research is a study on the model of the economic value measurement of Internet Business properties(especially security property) that will take considerable parts in ail transactions. The study can contribute to decide the priority of investment among several Internet Business properties and justify the cost for improving Internet Business elements. However the study have some research limits not to be analyzed by the empirical verification. Future research agenda includes the practical survey of WTP of Internet Business properties, and the practical availability of the proposed model. Especially, many problems will occur in the process of the empirical analysis, so additional works should be done in the future.

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Integrating approach to size and site at a sanitary landfill in Selangor state, Malaysia

  • Younes, Mohammad Khairi;Basri, Noor Ezlin Ahmad;Nopiaha, Zulkifli Mohammad;Basri, Hassan;Abushammala, Mohammed F.M.;Maulud, Khairul Nizam Abdul
    • Environmental Engineering Research
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    • v.20 no.3
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    • pp.268-276
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    • 2015
  • Solid waste production increases due to population and consumption increments. Landfill is the ultimate destination for all kinds of municipal solid waste; and is the most convenient waste disposal method in developing countries. To minimize investment and operational costs and society's opposition towards locating landfills nearby, proper landfill sizing and siting are essential. In this study, solid waste forecasting using Autoregressive Integrating Moving Average (ARIMA) was integrated with government future plans and waste composition to estimate the required landfill area for the state of Selangor, Malaysia. Landfill siting criteria were then prioritized based on expert's preferences. To minimize ambiguity and the uncertainty of the criteria prioritizing process, the expert's preferences were treated using integrated Median Ranked Sample Set (MRSS) and Analytic Hierarchy Process (AHP) models. The results show that the required landfill area is 342 hectares and the environmental criteria are the most important; with a priority equal to 48%.

A Delphi Approach to the Development of an Integrated Performance Measurement and Management Model for a Car Assembler

  • Shawyun, Teay
    • Industrial Engineering and Management Systems
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    • v.7 no.3
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    • pp.214-227
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    • 2008
  • Today's dynamic competitiveness requires an organization to improve its performance measurement and management. Quality Management Systems (QMS) abound, the main ones being: ISO series, Malcolm Baldridge National Quality Award (MBNQA), European Forum for Quality Management (EFQM), Six Sigma Business Scorecard and the Balanced Scorecard. Based on the literature, the IPMMM (Integrated Performance Measurement and Management Model) identified 7 key synthesized factors: leadership, strategy management and policy, customer and market, learning and growth, partnership and resources, internal processes and business results that are employed to investigate the key performance indicators of a car assembler using the Delphi methodology. In the 2 rounds of Delphi panels consisting of 20 senior management personnel, the $1^{st}$ round of 198 indicators in the IPMMM yielded 90 indicators. The $2^{nd}$ round yielded 43 performance indicators with 18 rated as critical based on the % assigned in the $1^{st}$ and $2^{nd}$ priority rating of "very important factor" and "key performance indicator" that must be ranked high on both of the priorities. The very critical indicators appeared to be: defect percentage and first time capability (tie in $1^{st}$ place) and revenue, goal setting, customer satisfaction index, on-time delivery, brand image, return on investment, Claim Occurrence Ratio, and debt being ranked from $3^{rd}$ to $10^{th}$. It can be surmised that an organization can identify and develop an appropriate set of performance indicators through the Delphi methodology and implement and manage them based on the Balanced Scorecard.

Analysis of Korea's nuclear R&D priorities based on private Sector's domestic demand using AHP

  • Lee, Yunbaek;Son, Seungwook;Park, Heejun
    • Nuclear Engineering and Technology
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    • v.52 no.11
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    • pp.2660-2666
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    • 2020
  • Korea successfully achieved energy independence in the shortest period of time from being the poorest country in terms of energy 50 years ago through steady development of nuclear technology. In the past, the nuclear industry has been driven through government-centered policy development, public institution-based research, and industrial facility and infrastructure construction. Consequently, South Korea became a nuclear energy powerhouse exporting nuclear power plants to the UAE, surpassing the level of domestic technological independence. However, in recent years, the nuclear industry in Korea has experienced a decline in new plant construction since the Fukushima accident in Japan, which caused changes in public perspectives regarding nuclear power plant operation, more stringent safety standards on the operation of nuclear power plants, and a shift in governmental energy policy. These changes are expected to change the domestic nuclear industry ecosystem. Therefore, in this study, we investigate the priority of technology development investment from the perspective of experts in private nuclear power companies, shifting the focus from government-led nuclear R&D policies. To establish a direction in nuclear technology development, a survey was conducted by applying an analytic hierarchy analysis to experts who have worked in nuclear power plants for more than 15 years. The analysis items of focus were the 3 attributes of strategic importance, urgency, and business feasibility of four major fields related to nuclear energy: nuclear safety, decommissioning, radioactive waste management, and strengthening industrial competitiveness.

A Study on Developing the Standardized Index of Evaluation for Upgrading the School Facilities (학교시설개선을 위한 평가지표개발에 관한 연구)

  • Song, Byung-Joon;Kim, Young-Suk;Chu, Beom
    • Korean Institute of Interior Design Journal
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    • v.21 no.6
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    • pp.260-270
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    • 2012
  • The demographic and environmental changes such as the decrease of the population growth rate and the increase of the population of the senior citizens, which become issues of the modern society, are bringing numerous changes of many aspects like national economy, community, and culture. These social phenomena give impacts on the school facilities as well. Thus owing to the decrease of the number of the students, the number of the newly constructed schools has been decreased drastically, and moreover the merger of the schools cause many schools to be default. Meanwhile, the school facilities have been expanded into the functions of the local community centers, and the various educational activities demand the diversity and flexibility of the spaces. These factors add more burdens to the current schools. Therefore the school facilities are needed to adopt a flexible and relevant change necessary for using the spaces in accordance with the changed needs of the times, and are needed to reinvented continuously not to limit the educational and social activities because of the degradation of the school facilities. Yet because there are no proper criteria for doing the task, problems related to the relevance of the task and the unnecessary investment are raised. So through this study I tried to demonstrate the standardized index in terms of the sequential priority of upgrading the facilities among the schools.

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