• Title/Summary/Keyword: Investment evaluation system

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The Development of Evaluation Indicators for the Performance of Defense Core-Technology R&D Projects Using SMR/AHP (SMR/AHP 기법을 활용한 국방핵심기술 연구개발사업 성과평가지표 개발)

  • Lee, Hyung-Jun;Kim, Chan-Soo;Kim, Woo-Je
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.1
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    • pp.70-79
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    • 2009
  • Currently, the investment on Research and Development(R&D) for defense core technology is continuously increasing to maintain advanced country's R&D level. In accordance with this trend, the national defense R&D investment management system is being more strengthening, and importance of performance evaluation is being emphasized more and more. However, the existing indicators of performance evaluation for defense core technology R&D is limited in efficient management because of the qualitative evaluation items and subjective allocation of points. In this paper, we developed a novel indicator for defense core technology R&D performance evaluation through domestic and foreign related literature and inquiry, brainstorming, and analysis techniques by Stepwise Multiple linear Regression(SMR) and Analytic Hierarchy Process(AHP). And we verified effectiveness of proposed indicators of performance evaluation by comparing with the existing evaluation indicators. Our proposed indicators for performance evaluation will create superiority performance on defense R&D fields.

Efficiency Analysis of the HVAC system in the School Facilities Using the Geothermal Energy -Focused on the energy consumption- (지열을 이용한 학교시설의 냉·난방시스템 효율성분석 -에너지 소비량을 중심으로-)

  • Park, Dong-Soon;Lee, Jae-Rim
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.6 no.2
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    • pp.25-52
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    • 2007
  • This paper is focused on the economical efficiency of the geothermal heat pump system in school. As the importance of problems of environment and energy becomes larger, the development and distribution of energy-saving technology in the whole nation has become influential. This paper is intended, targeting on school buildings scattered all over the country, to evaluate the introduction and possibility of a terrestrial heat system which is in the first stage of introduction in the country, through energy consumption and efficiency in case where a terrestrial heat system is introduced. To do that, the author performed a qualitative analysis of the heat pump system using various terrestrial heat energy and the system introduced to existing school buildings and, through the analysis, made tentative evaluation on the most environment-friendly and energy saving type system. Also, the author performed simulation analysis using a currently typical school building standard and, on the basis of this result, conducted efficiency analysis of various heat pump systems. The conclusion according to synthetical analysis & evaluation can be summarized as follows. In case a heat pump system is introduced to a school building, it was deemed the investment in the early stage would increase, but the investment could be collected within 5~6 years through reduction of large operation expenses. Also, it was analyzed in case of terrestrial heat contracted heat mode using midnight electric power among heat pump systems, not only early investment but also operation expenses could be reduced to a great extent. Accordingly in case the system using terrestrial heat energy is applied to the school buildings that are to be newly built or repaired in the future, it will provide an object-lesson to students as well as contributing to energy saving.

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Applications of System Loss Sensitivity Index to Power Systems (손실감도지표의 전력계통 적용)

  • Lee, Sang-Jung
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.49 no.2
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    • pp.56-61
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    • 2000
  • In the paper, the system loss sensitivity index that implies the incremental system loss with respect to the change of bus power is derived using optimization technique. The index λ reaches $\infty$ at critical loading point and can be applied to actual power systems for following purposes. 1) Evaluation of system voltage stability 2)Optimal investment of reactive power focused on minimizing system loss and maximizing system voltage stability 3)Optimal re-location of reactive power focused on minimizing system loss and maximizing system voltage stability 4)Optimal load shedding in case of severe system contingency focused on minimizing system loss and maximizing system voltage stability. Case studies for each application have proved their effectiveness.

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An automaticity indicator computation and a factory automation procedure (자동화 지표 계산 및 공장자동화 순서 결정을 위한 방법)

  • Cho, Hyun-Bo;Jeong, Ki-Yong;Lee, In-Bom;Joo, Jae-Koo;Lee, Joo-Kang;Jeon, Jong-Hag
    • IE interfaces
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    • v.10 no.1
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    • pp.209-222
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    • 1997
  • The paper provides a methodology to obtain the automaticity indicator of a factory and the sequence of enabling technologies of factory automation. The automaticity indicator is the measure of the current automation status of a factory and can be used as a crucial criteria for the future automation schedule and investment. Although most industries have their own computation methods which usually consider the number of workers in the shop floor, this research covers five evaluation items of automation, such as, production facility, material transfer system, inspection and test system, information system, and flexibility. The detailed evaluation models are developed for each item. Automation sequencing prioritizes the enabling technologies of factory automation on the basis of several criteria which consist of two phases. The first phase includes the automation indicator and the second phase includes six sub-criteria such as production rate, quality, number of workers, capital investment, development duration, development difficulty. For this evaluation, AHP(Analytical Hierarchy Process) is introduced to prevent the decision maker's subject intention. As results of the automaticity indicator and automation sequence, the manager can save time and cost in building constructive and transparent automation plans.

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A Study on the CIM Justification (CIM구축의 타당성평가에 관한 연구)

  • 한성배;이석주;이순효
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.51-60
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    • 1995
  • The key competition factor of manufacturing industries has progressively changed from cost to quality and time. Recently, the manufacturing environments more rapidly change than before. So, many companies want to introduce a advanced manufacturing system like CIMS to meet various user's needs and short delivery. But there is a considerable gap between the decision to invest and the achievement of promised benefits. Managers, generally, cannot afford CIM invesment unless they can determine beforehand that CIM will work in thier company and that will provide a coherent strategy and satisfactory return on investment In many cases, it is impossible to justify CIM investment by only economical analysis. Decision making problems like CIM investment are of a multiple objective nature. So, decision making process and multiattribute utility function are very useful methods to evaluate CIM justification In this paper, we described the key functions of CIM justification evaluation using IDEF methodology and developed the applicattion procedure of DMP and MUF method for CIM justification.

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The Analysis on IT Performance of SMEs : Using IO(Information Orientation) Methodology (IO(Information Orientation)를 이용한 중소기업 정보화 성과 분석 연구)

  • Kim, Moon-Sun;Lee, Choong-Cheong
    • Journal of Information Technology Services
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    • v.12 no.1
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    • pp.99-113
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    • 2013
  • In spite of IT performance can be achieved through the interaction of IT and organization, many previous study has been treated the introduction of the information system itself as a final outcome. But if it doesn't clear about understanding on IT performance, performance management is difficult and also it is impossible to produce the intended outcomes. This study investigates the improvement of the business performance of SMEs through IT investment, whether the investment process on business performance. Analytical methods that were used in previous studies were maintained and new model IO(Information Orientation) analysis was applied. Therefore, this study is meaningful to establish a new methodology, that is not attempted until now, for evaluating the performance of IT investment, and analysis relationship between IT investment and business performance.

Tag-based Evaluation Model for Economic Feasibility Analysis of Mobile RFID System in Ubiquitous Space (유비쿼터스 공간 구축을 위한 모바일 RFID 시스템의 경제성 평가에 대한 연구 : 태그 기반평가모델을 중심으로)

  • Lee, Kyoung-Jun;Choi, Hyung-Kwang;Jun, Jung-Ho
    • Journal of Information Technology Services
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    • v.10 no.2
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    • pp.189-202
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    • 2011
  • It is important issue how to evaluate the economic feasibility of computing factors in the real world when we build ubiquitous spaces. In this paper, we propose a simple model that can evaluate the economic feasibility of mobile RFID-based ubiquitous computing system which enables seamless communication between offline and online via embedded computing factors in the real world. To achieve this, we explore the meaning of mobile RFID system, the difference between our research and extant researches concerning the evaluation of economic feasibility in RFID system, and propose the so-called 'Tag-based Evaluation Model' (TEM) which is an evaluation model to access the economic feasibility of mobile RFID systems. We also analyze the TEM via simulation cases based on proposed model and discuss the future of TEM.

An Comparative Analysis of Alternatives at Implementing Next Generation System for the Financial Business (금융 차세대시스템 구축방식의 비교 분석)

  • Mun, Hui-Jin;Hong, Jeong-Sik
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2008.10a
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    • pp.455-459
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    • 2008
  • This study defines the Next Generation System(NGS) built by domestic financial businesses and classifies their architecture into two typical types according to the duration of the project and the relative cost of IT investment in the short term: the Big Bang approach and the Phase approach. Herein, we study the two approaches as alternatives in developing the Next Generation System, and derive the factors that are to be considered in the evaluation of the two alternatives for financial businesses. The set of standards for the choice between the two models are grouped into categories that constitute performance evaluation for IT - Cost, Performance and Risk. We drill down further into each category to second and third subordinate levels to derive detailed selection criteria. Based on the criteria drawn from the study, we conduct a survey with information system planners, IT managers and specialists at financial companies who are currently planning, developing or have completed a Next Generation System. Survey results are analyzed using the AHP methodology to compare and understand the different approach in the implementation of NGS for financial business.

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A Study on the Determination of the Priority of Investment on R&D Planning on Nuclear Power Technology using AHP (AHP를 이용한 원자력 연구개발 대안평가)

  • 이병욱;임채영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.48
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    • pp.291-297
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    • 1998
  • This paper considers the determination of the priority of investment on R&D planning on nuclear power technology using AHP. Due to the complexity of problem, the hierarchy was divided into two parts; main hierarchy and sub-hierarchies. The result shows that the priority of technology options of evolutionary reactor and safety evaluation was higher than that of others.

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A study on the Economic Evaluation of Trunk using Teletraffic (통화량을 이용한 중계선의 경제성 평가에 관한 연구)

  • Yoo, Tae-Yol;Kim, Jae-Yeol;Lee, Sang-Il
    • Proceedings of the KIEE Conference
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    • 1987.07b
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    • pp.889-893
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    • 1987
  • This paper suggests a model for the economic evaluation and the selection of alternatives using teletraffic. Economic evaluation is analyzed by the comparison of revenue loss which happens without trunk extension and additional revenue which results from trunk extension. Simulation technique is used as a methodology to apply economic evaluation to telephone system. The study results will provide a support in a optimal decision about investment strategies.

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