• Korean System Dynamics Review
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• v.8 no.1
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• pp.211-227
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• 2007

Like the saying "You can't manage what you can't measure," performance measurement is considered as one of the most important management activities for the organizations in either private or public sector. Performance measurement, however, has thus far relied too much on financial statements. Realizing the importance of a more scientific and comprehensive performance measurement, many organizations have adopted several different systems in order to objectively estimate their balanced performance results. The Balanced Scorecard (BSC) has become a popular means to measure performance. But the BSC has also received some criticisms. In this paper four limitations in the use of the BSC are discussed : BSCs focus on unidirectional causality, are unable to distinguish delays between actions and their impacts on performance, integrate insufficiently strategy with operational measures, and lead to internal biases. We propose a system dynamics approach with causal loop diagram(CLD) to develop a Dynamic BSC in order to overcome these limitations. The results suggest that developing a BSC with system dynamics is a promising approach to supplement existing BSC frameworks.

• Korean System Dynamics Review
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• v.10 no.1
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• pp.5-32
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• 2009

This paper revisited the key advances on System Dynamics modeling about traditional macro-economic models and economic growth structures, and then tries to elaborate a new model based on the endogenous growth theory that incorporates new growth factors, relevant to knowledge/technology as well as the Environment, into traditional growth models. Accordingly, the new model augments the acceleration and multiplier loops and the balancing ones representing market clearing mechanism with a simple numerical example. The authors thus provides macroeconomic System Dynamics analysts with a milestone to model macro-economic structures reflecting on traditional and cutting-edge theories on sustainable economic growth and general equilibrium modeling.

• Korean System Dynamics Review
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• v.14 no.3
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• pp.75-103
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• 2013

The purpose of this study is to use system dynamics to establish the relation among each variable through the construction process of Community Planning Model, and examine what changes policy scenarios per alternative cause in Community Planning through policy simulation of the constructed model. Therefore, this study extracted chief variables of Community Planning Projects through precedent researches related to Community Planning, and extracted variables were prepared as causal map to examine in what causal cycle feedback structure within Community Planning they can be explained. Next, Community Planning Model was constructed based on the prepared causal map. The model was verified by specialists' interviews and simulation of example areas. This study, which aimed to construct Community Planning Model using system dynamics, has a significance in that it prepared the foundation to provide useful methodology in monitoring the progress of project or establishing the plan of future Community Planning Projects.

• Korean System Dynamics Review
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• v.9 no.1
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• pp.107-123
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• 2008

Recently, due to the globalization of business, the efficient supply chain management(SCM) is considered as the key initiatives of business activities, and the leading logistics companies are trying to provide the differentiated 3PL services to meet their customers' needs. The domestic 3PL market scale, however, is still small and the logistics companies' competence is not good enough, so that 3PL companies need to concentrate on their logistics strategies and the government's supports and related policies are required. In this point of view, we developed the system dynamics model and forecasted middle or long-term domestic 3PL market. Through the result, we suggest the roles of government and the directions of policies to support the domestic 3PL market effectively.

• Korean System Dynamics Review
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• v.15 no.1
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• pp.75-96
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• 2014

This research primarily aims at analyzing major crises originating from marginalizing population, especially in counties. In addition, based on the system dynamics approaches, it pays attention to divulging causal loop structure which has been rather strengthened by diverse interactions among key variables. Judging from simulation works, even though Korea is exposed to unprecedented aging trends over decades, its counter response seems inadequate and insufficient, mostly dismissing a series of impact embedded in the aging dynamics. This research statistically confirms that demographic marginalization trends have already begun in the villages within Eup and Myon counties. Furthermore, this research pinpoints out the fact that it would be almost impossible for majority of villages within Eup and Myon counties to escape from going out of existence in the course of time, as they tend to be entrapped vicious cycle of marginalization or extinction.

• Korean System Dynamics Review
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• v.13 no.2
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• pp.73-91
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• 2012

This study aims to comprehensively understand the dynamics between the factors related to service quality, satisfaction and reuse intention. The contents of the study are as follows. First, it draws the limitations of the existing studies by reviewing the literature related to the relationships between service quality, satisfaction and reuse intention. Second, it highlights the characteristics of System Dynamics as a means of overcoming their shortcomings as well as examining the dynamic mechanism of the relevant factors. Third, it explores the feedback loops of the relevant key variables and the feedback structure of the system. Lastly, it concludes with the suggestions and implications of the key research findings. This study is expected to emphasize the importance of the feedback mechanism operating around the service quality, satisfaction, and reuse intention. Further, the causal loop diagram developed can be a basic material for the diverse levels of governments as well as service providers to refer to for improving the service quality of Community Social Service Investment Program.

• Korean System Dynamics Review
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• v.6 no.1
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• pp.33-70
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• 2005

This study explores the process of corporate corruption via a percolation-based system dynamics model. The preliminary model is an agent-based model constructed in the terms of the corruption networking between ego and other. In the model, the agents behave depending on percolation rules, which represent (1) passing on the corruption opportunities and (2) accepting it. To describe the percolation process in the networks, we develop a further complicated model by combining the basic model with the Bethe lattice. Through the complicated model, we suggest (1) the dynamics of the systemic corporate corruption, (2) 4 patterns of the corruption, and (3) the institutionalization of the corruption. These simulation results provide theoretical and practical implications.

• Korean System Dynamics Review
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• v.10 no.4
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• pp.73-83
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• 2009

Systemic Dynamics has been widely used as a method for studies in the areas of education, health care, and behavioral sciences. This paper discussed the SD application in nursing research by illustrating examples of published articles in nursing discipline, which can be classified into physiologic, socio-psychological, and health policy fields. It also identified the limitations of SD use in nursing and suggests strategies in order to facilitate a SD method for nursing research: 1) systematic introduction of SD in nursing research fields; 2) Interest about SD as an innovative research method; 3) researcher's efforts to understand the SD method in academic settings.

• Korean System Dynamics Review
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• v.16 no.1
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• pp.75-91
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• 2015

The price-volume in land by land categories is evaluated with dynamic approaches in the era of aging society This research tries to investigate in the respect of major factors such as real estate, macro-economics, and population that is simulated by land categories. The system dynamics approaches on price-volume in land are forecasted until 2020 using the data in the period of 2000-2014. In regard to methodologies, this research adopted system dynamics to evaluate the relationships between price-volume in land and aging society. The meaningful results have been found during the last over 10 year's analysis as the dynamic relations with major factors. Regarding land categories, this research tries to overcome former research limitations. As an implication from the price-volume in land, it confirmed that the multifaceted aspects show that system dynamics approach effectively simulated them by price-volume in land with the population of aging society.

• Korean System Dynamics Review
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• v.12 no.1
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• pp.115-130
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• 2011

This study shows the operational availability(Ao) analysis of the supply chain with maintenance functions using the system dynamics simulation. The simulation uses 60 equipments which are serial systems composed by 4 major components. And every entities are connected each other by causal loops. So whole simulation executed like one organic system. Specially we consider 2 constraints, one is the number of spare parts and the other is maintenance capacity level. 2 constraints have 11 levels each so the simulation has 121(11*11) scenarios which scenario has 30 different random number seed. The simulation executed total 3,630(11*11*30) times. We analysis average Ao of total equipments by 121 scenarios and additionally the regression of the average Ao and 2 constraints. As the result, we can get the more accurate values by the system dynamics simulation than the regression to analysis complex system like the supply chain with maintenance functions.