• Title/Summary/Keyword: Long-term Management Objective

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How to develop corporate real estate? A decision support tool for CREM

  • Dorr, Anne;Pfnur, Andreas
    • Journal of Construction Engineering and Project Management
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    • v.7 no.2
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    • pp.19-33
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    • 2017
  • Various forms of procurement are open to companies when constructing new owner-occupied properties. The selection of a form of procurement is an important decision-making problem for companies and their Corporate Real Estate Management (CREM) departments. With this in mind, a decision support tool has been developed to optimise the outcome and success of company's proposed real estate development projects and is presented in this paper. This model can also be used for current real estate portfolios to optimise returns in the long term. In pursuit of this objective and in order to provide an academic basis for this study, decision-relevant goals and parameters were initially identified from the referenced literature used in our research. These were subsequently evaluated in a case study of a corporate development project and identified as specific decision criteria from the perspective of the CREM. The investigation identified 15 criteria that are relevant to the corporate decision-making process in procuring and/or developing property. A model for supporting and resolving decision-making problems of this type was derived from decision theory. In this paper, a decision-making tool is presented that takes into account all the decision criteria from the CREM point of view for the first time. This model should therefore serve as an aid in implementing the decision-making process for the development of real estate projects in a more structured and transparent manner.

Primary Analysis of Information Distribution at Walkbase Company: Developing an Information Strategy

  • Ahmadinia, Hamed;Karim, Muhaimin;Ofori, Edward
    • The Journal of Industrial Distribution & Business
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    • v.6 no.4
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    • pp.5-16
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    • 2015
  • Purpose - Currently, organizations must have a plan to achieve their future objectives. In this case, an information strategy facilitates greater success when planning for the future in any organization. Research design, data, and methodology - The core objective of the project was to explore the information infrastructure of Walkbase in a discursive manner. We started the project by providing a description of the firm, which facilitates retail outlets using in-store analytical devices. Results - We conclude that the management of Walkbase revised its current information structure to implement a more structured one that might be included in a long-term investment. On such an occasion, management can prioritize the component to develop first. Conclusions - Along with our results, we also described the business, its products, its facilities, and how it can serve different industries. Finally, we left the prioritization decision within the framework's components to top management.

Multi-Regional Resources Management Practice using Water-Energy-Food Nexus Simulation Model

  • Wicaksono, Albert;Jeong, Gimoon;Kang, Doosun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2019.05a
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    • pp.163-163
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    • 2019
  • The rapidly growing global population increases the awareness of water, energy, and food security worldwide. The concept of Water, Energy, and Food nexus (hereafter, WEF nexus) has been widely introduced as a new resources management concept that integrate the water, energy, and food in a single management framework. Recently, WEF nexus analyzes not only the interconnections among the resources, but also considers the external factors (such as environment, climate change, policy, finance, etc) to enhance the resources sustainability by proper understanding of their relations. A nation-level resources management is quite complex task since multiple regions (e.g., watersheds, cities, and counties) with different characteristics are spatially interconnected and transfer the resources each other. This study proposes a multiple region WEF nexus simulation and transfer model. The model is equipped with three simulation modules, such as local nexus simulation module, regional resources transfer module, and optimal investment planning module. The model intends to determine an optimal capital investment plan (CIP), such as build-up of power plants, water/waste water treatment plants, farmland development and to determine W-E-F import/export decisions among areas. The objective is to maximize overall resources sustainability while minimize financial cost. For demonstration, the proposed model is applied to a semi-hypothetical study area with three different characterized cities. It is expected the model can be used as a decision support tool for a long-term resources management planning process.

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Anomaly detection of smart metering system for power management with battery storage system/electric vehicle

  • Sangkeum Lee;Sarvar Hussain Nengroo;Hojun Jin;Yoonmee Doh;Chungho Lee;Taewook Heo;Dongsoo Har
    • ETRI Journal
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    • v.45 no.4
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    • pp.650-665
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    • 2023
  • A novel smart metering technique capable of anomaly detection was proposed for real-time home power management system. Smart meter data generated in real-time were obtained from 900 households of single apartments. To detect outliers and missing values in smart meter data, a deep learning model, the autoencoder, consisting of a graph convolutional network and bidirectional long short-term memory network, was applied to the smart metering technique. Power management based on the smart metering technique was executed by multi-objective optimization in the presence of a battery storage system and an electric vehicle. The results of the power management employing the proposed smart metering technique indicate a reduction in electricity cost and amount of power supplied by the grid compared to the results of power management without anomaly detection.

On Enhancing Train-Centric Train Control System Development Process using DSM-based Safety Management (DSM 기법에 따른 안전 관리를 통한 차상중심 열차제어시스템 개발 프로세스의 개선에 관한 연구)

  • Kim, Joo-Uk;Oh, Seh Chan;Han, Seok Youn;Kim, Young-Min;Sim, Sang-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.3
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    • pp.129-138
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    • 2016
  • The train-centric control systems development has some distinct points in that a big size of government budget is in general expended in there and the development duration seems to be long. In addition, the changes are ever made continuously in the capability and operational requirements for Trains. Thus, the impact of the potential changes in the required operational capability on the development activities can induce some type of project risks [7]. As such, proper management of project risk has been one of crucial subjects in the train systems development. All these notes combined together make it the significance of the safety management process be raised further up in the train-centric control systems development. As such, the underlying safety management process should be capable of appropriately handling the potential risks that can be created due to the unexpected changes and the long-term development period. The process should also be complemented for the safety consideration of train-centric control systems, for instance, stop. To study these aspect is the objective of the paper. To do so, a step-by-step approach to analyzing the safety management process is first presented. Then, to enhance the process some necessary and useful activities are added in terms of risk and safety management. Then, to pursue some enhancement on the process, a set of necessary and useful activities are added in terms of risk and safety management. The resultant process is further analyzed and tailored using a design structure matrix method. The resultant process is applied in a train-centric control development as a case study.

LONG-TERM RESERVOIR SEDIMENT MANAGEMENT CONSIDERING OTHER OPERATIONAL OBJECTIVES

  • Ko, Seok-Ku;Kim, Woo-Gu;Lee, Gwang-Man
    • Water for future
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    • v.35 no.5
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    • pp.43-50
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    • 2002
  • The Yellow River Basin located in the Northern part of China is well-known not only as the seriously limited water sources but the greatest sediment-carrying stream in the world. The observed annual average sediment concentration in this area is $37.6kg/\textrm{mm}^3$, and 3.1% of the water volume is occupied by sediments. Due to the reason, water development has been extremely limited and it has been appeared as one of the most difficult problems in reservoir development and management. The major obstacle to surface water uses is reservoir sedimentation so that it has been strongly requested to seek the method managing sediment by optimal fashion. To solve this problem, KOWACO (Korea Water Resources Corporation) has developed various methods on the optimal reservoir management schemes including sediment management for the Upper Fenhe Basin Reservoir System at the cooperation project with Chinese. Information Variable Dynamic Programming. which is one of them, was developed for the reservoir sediment management and a set of non-dominated solutions are generated to choose the best alternative in water supply and reservoir sediment objective problem.

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A Qualitative Analysis on Familial Caregivers' Burden in Utilizing a Nursing Home for the Elderly (유료 노인전문요양원 이용 경험에 관한 질적 연구)

  • 김완희;박종연;이지전;강임옥
    • Health Policy and Management
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    • v.13 no.1
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    • pp.1-22
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    • 2003
  • The principal objective of this study was to analyze and conceptualize the socio-psychological burden in utilizing a nursing home for elderly. The subjects were five elderly from a private nursing home located in Seoul and their familial caregivers. An old male and three females were currently staying at the facility, and a female had been discharged already from there. Data were collected through depth interviews, observations and review of records at the facility For analysis, the data were classified by similar contents among significant expressions and factors in common. The subjects' motives to consider admission to the nursing home might be attributed to familial caregivers' burden, a shortage of support, environmental improvement and feeling of helplessness for the case elderly. The concept of burden is including family members' being badly off in living, their weariness, complications among family members, feeling psychological uneasiness, and hospital expenses. The identified image of nursing homes for the elderly in Korea was generally negative at the point of high cost, unreasonable requisites and limitations for admission to the facilities, inferior situations, and especially in that there were few long-term care facilities within the community boundary. From their experience of nursing homes, the interviewees have felt the sentiments of sorry for their old parents, with the thought of being an undutiful, bitterness, and empathy. Additionally, they expressed a sense of anxiety of relative deprivation against the fact that there were no long-term care facilities available for the middle class. On the basis of these, multi-dimensional needs could be identified for the elderly with chronic illnesses.

A Case Study for the Emulation Service of Electronic Records (전자기록 에뮬레이션 서비스 개발 사례 연구)

  • Yim, Jin-Hee;Choi, Joo-Ho;Lee, Jae-Young
    • Journal of Korean Society of Archives and Records Management
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    • v.14 no.3
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    • pp.55-82
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    • 2014
  • The objective of this research is to show the possibilities of emulation strategy in the long-term preservation for the digital components of Korean public agencies. First, this study analyzed four major emulation projects that were conducted in the world, such as CAMiLEON, KB, Planets and KEEP. Second, it compared the three different emulation approaches, such as device emulation, OS emulation and application emulation. Third, it searched all the digital components that one public agency produced during the last six years. Through the search, this study found out that the HWP and XLS format files comprised around 90% of the files. Fourth, it examined the functionalities of the formats, which may have been lost when the format was converted to PDF/A. Last, this study introduced the two prototype emulators for the National Archives of Korea. One is a type of OS emulator, while the other is a type of application emulator.

Extent of linkage disequilibrium and effective population size of Korean Yorkshire swine

  • Shin, Donghyun;Won, Kyeong-Hye;Kim, Sung-Hoon;Kim, Yong-Min
    • Asian-Australasian Journal of Animal Sciences
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    • v.31 no.12
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    • pp.1843-1851
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    • 2018
  • Objective: We aimed to characterize linkage disequilibrium (LD) and effective population size ($N_e$) in a Korean Yorkshire population using genomic data from thousands of individuals. Methods: We genotyped 2,470 Yorkshire individuals from four major Grand-Grand-Parent farms in Korea using the Illumina PorcineSNP60 version2 BeadChip, which covers >61,565 single nucleotide polymorphisms (SNPs) located across all chromosomes and mitochondria. We estimated the expected LD and inferred current $N_e$ as well as ancestral $N_e$. Results: We identified 61,565 SNP from autosomes, mitochondria, and sex chromosomes and characterized the LD of the Yorkshire population, which was relatively high between closely linked markers (>0.55 at 50 kb) and declined with increasing genetic distance. The current $N_e$ of this Korean Yorkshire population was 122.87 (106.90; 138.84), while the historical $N_e$ of Yorkshire pigs suggests that the ancestor $N_e$ has decreased by 99.6% over the last 10,000 generations. Conclusion: To maintain genetic diversity of a domesticated animal population, we must carefully consider appropriate breed management methods to avoid inbreeding. Although attenuated selection can affect short-term genetic gain, it is essential for maintaining the long-term genetic variability of the Korean Yorkshire population. Continuous and long-term monitoring would also be needed to maintain the pig population to avoid an unintended reduction of $N_e$. The best way to preserve a sustainable population is to maintain a sufficient $N_e$.

Characteristics and Death Risk Factors of Patients in Long-Term Care Hospital Connected to Special Hospital (일개 특수 요양병원 환자들의 특성 및 사망 위험요인)

  • Park, Un Je
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.12
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    • pp.651-659
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    • 2020
  • The objective of this study is to provide high-quality medical service, by understanding the characteristics and death risk factors of patients at V long-term care hospital, that has established and operated the cooperative treatment system in connection with a public institution, the S veterans hospital. A follow-up survey targeting a total of 850 discharged patients was conducted for the year 2017. Average age of patients was 79.2 years, with 86.4% belonging to the 70 years or over group. The men of national merit were 75.4%, which was more than three times higher than general patients. Hospitalization for 180 days or more was 46.4%, which was higher than general long-term care hospitals (37%). The major death risk factors were age and the number of hospitalized days. Our data indicate that transfer to S veterans hospital results in providing quicker treatment and higher effectiveness of the numerous recovery therapies. We therefore propose that the cooperative treatment system should be expansively operated to increase the quality of happy life, by alleviating the health of patients with chronic diseases in a long-term care hospital.