• Title/Summary/Keyword: Long-term strategy

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Modeling Approach for Long-Term Corporate Strategies of Construction Firms Considering Key Market Driving Factors (시장환경을 고려한 건설기업의 중장기 기업전략 평가모델 연구)

  • Park, Hee-Dae;Han, Seung-Heon;Kim, Du-Yon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.571-575
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    • 2007
  • With intensive competition due to the limited growth of the domestic construction market volume and the opening and construction boom of international construction market, construction firms register to grope strategy of enterprise dimension for improvement such as entry extension of domestic construction market order corporate strategy and international construction market. In this research, influence factors of corporate strategy are extracted and their interrelationships are presented in the domain of change of external environment with the internal and external market system, construction enterprise's internal capacity and corporate strategy, government and the internal and external market. The result of this research will be used for quantitative analysis through system dynamics simulation and basic data of model effectiveness verification through actuality domestic construction enterprise's case study, and can be used to basic data of new corporate strategy establishment because construction enterprise forecasts effect hereafter establishing corporate strategy in construction environment that change rapidly.

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Performance Analysis of Bitcoin Investment Strategy using Deep Learning (딥러닝을 이용한 비트코인 투자전략의 성과 분석)

  • Kim, Sun Woong
    • Journal of the Korea Convergence Society
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    • v.12 no.4
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    • pp.249-258
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    • 2021
  • Bitcoin prices have been soaring recently as investors flock to cryptocurrency exchanges. The purpose of this study is to predict the Bitcoin price using a deep learning model and analyze whether Bitcoin is profitable through investment strategy. LSTM is utilized as Bitcoin prediction model with nonlinearity and long-term memory and the profitability of MA cross-over strategy with predicted prices as input variables is analyzed. Investment performance of Bitcoin strategy using LSTM forecast prices from 2013 to 2021 showed return improvement of 5.5% and 46% more than market price MA cross-over strategy and benchmark Buy & Hold strategy, respectively. The results of this study, which expanded to recent data, supported the inefficiency of the cryptocurrency market, as did previous studies, and showed the feasibility of using the deep learning model for Bitcoin investors. In future research, it is necessary to develop optimal prediction models and improve the profitability of Bitcoin investment strategies through performance comparison of various deep learning models.

Coordinated Control Strategies with and without Circulating Current in Unified Power Quality

  • Feng, Xing-tian;Zhang, Zhi-hua
    • Journal of Power Electronics
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    • v.15 no.5
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    • pp.1348-1357
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    • 2015
  • Under traditional unified power quality conditioner (UPQC) control, a UPQC series converter (SC) is mainly used to handle grid-side power quality problems while its parallel converter (PC) is mainly used to handle load-side power quality problems. The SC and PC are relatively independent. The SC is usually in standby mode and it only runs when the grid voltage abruptly changes. In this paper, novel UPQC coordinated control strategies are proposed which use the SC to share the reactive power compensation function of the PC especially without grid-side power quality problems. However, in some cases, there will be a circulating current between the SC and the PC, which will probably influence the compensation fashion, the compensation capacity, or the normal work of the UPQC. Through an active power circulation analysis, strategies with and without a circulating current are presented which fuses the reactive power allocation strategy of the SC and the PC, the composite control strategy of the SC and the compensation strategy of the DC storage unit. Both of the strategies effectively solve the SC long term idle problem, limit the influence of the circulating current, optimize all of the UPQC units and reduce the production cost. An analysis, along with simulation andexperimental results, is presented to verify the feasibility and effectiveness of the proposed control strategies.

China's Reorganization of Maritime Law Enforcement Administrations and ROK-China Maritime Cooperation (중국 해상법집행기관조직 개편과 한·중 해양협력)

  • Kim, Seok-kyun
    • Strategy21
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    • s.33
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    • pp.178-201
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    • 2014
  • China National People's Congress has passed the bill to combine the Marine Law Enforcement into "State Oceanic Administration People's Republic of China". This bill was intended to resolve the overlapping jurisdiction and disputes caused in ocean territory in nearby countries. The purpose of reorganizing the administration was to combine the dispersed organization into one group. This new big administration was basically organized to increase the power of China marine state on the long-term. The reorganization plan is to group General Administration of Customs, China Marine Surveillance, Fisheries Law Enforcement Command, and Border Control Department into one State Oceanic Administration. The new state Oceanic Administration carries the authority to protect rights and enforce the marine law supported by Public Security Bureau. Korea Coast Guard has been cooperating with China Marine Surveillance since 1998 when the first pact was made. The next step expanded to General Administration of Customs. Currently working with Regional Maritime Law Enforcement organizations dealing mostly with illegal Chinese fishing boats and IEODO conflict. In order to solve the problems we face today is to observe the process of the New China Coast Guard administration, analysing the effects that could be caused by the change and to keep close cooperation between the new administrations.

Tandem High-dose Chemotherapy and Autologous Stem Cell Transplantation in Children with Brain Tumors : Review of Single Center Experience

  • Sung, Ki Woong;Lim, Do Hoon;Shin, Hyung Jin
    • Journal of Korean Neurosurgical Society
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    • v.61 no.3
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    • pp.393-401
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    • 2018
  • The prognosis of brain tumors in children has improved for last a few decades. However, the prognosis remains dismal in patients with recurrent brain tumors. The outcome for infants and young children in whom the use of radiotherapy (RT) is very limited because of unacceptable long-term adverse effect of RT remains poor. The prognosis is also not satisfactory when a large residual tumor remains after surgery or when leptomeningeal seeding is present at diagnosis. In this context, a strategy using high-dose chemotherapy and autologous stem cell transplantation (HDCT/auto-SCT) has been explored to improve the prognosis of recurrent or high-risk brain tumors. This strategy is based on the hypothesis that chemotherapy dose escalation might result in improvement in survival rates. Recently, the efficacy of tandem HDCT/auto-SCT has been evaluated in further improving the outcome. This strategy is based on the hypothesis that further dose escalation might result in further improvement in survival rates. At present, the number of studies employing tandem HDCT/auto-SCT for brain tumors is limited. However, results of these pilot studies suggest that tandem HDCT/auto-SCT may further improve the outcome. In this review, we will summarize our single center experience with tandem HDCT/auto-SCT for recurrent or high-risk brain tumors.

Deployment Strategy of ARGO Floats in the East Sea (동해 ARGO 플로트의 투하 전략)

  • Park, Jong Jin;Park, Jong Sook
    • Ocean and Polar Research
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    • v.37 no.3
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    • pp.179-188
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    • 2015
  • This study was carried out to determine the optimal number of ARGO floats in the East Sea in order to maximize their applications. The dominant spatio-temporal scale, size of the domain, and the typical float lifetimes in the East Sea were taken into consideration. The mean spatial de-correlation scale of temperature on isobaric surfaces reaches about 60 km. The minimum necessary number of floats is about 82 on average in order to secure independent ARGO profiles with the de-correlation scale. Considering the float lifetimes, about 27 floats per year should be deployed to maintain the 82 ARGO float array every year. To obtain spatially uniform distribution of ARGO float data, mean residence time and dispersion rate (basin area/residence time) of ARGO floats were evaluated in each basin of the East Sea. A faster (slower) dispersion rate requires more (less) ARGO floats to maintain the spatially uniform number of floats. According to the analysis, it is likely that the optimal ratio of the number of floats for each basin is 1:2:4 corresponding to Ulleung Basin:Yamato Basin:Japan Basin. In order to maintain relatively uniform ARGO observing networks, it is necessary to establish a long-term plan for deployment strategy based on float pathways and the dispersion rate parameters estimated by using currently active ARGO float trajectory data as well as reanalysis data.

A study on Korean Free Zone and it's growing strategy (우리나라의 동북아 물류거점화전략과 관세자유지역제도의 발전방향)

  • Kang, Jong-Hi;Woo, Jong-Kyun
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.16
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    • pp.117-154
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    • 2001
  • The objective of the study is to propose to the strategy to make korean main ports to international logistics center in Northeast Asia. so this study's construction is constructed four steps. First, analysis the environment of economy, business and logistics industry in Northeast Asia. Second, analysis the constructions and characters of Free Zone Act. Third, analysis of Korean Government's policy about Free Zone. Forth, propose the growing strategy of Free Zone. In 1999 Northeast Asia was adopted in Korea, which will facilitate the process and strengthen the international logistics capability as a international logistics hub in Northeast Asia. But only adoption in the point of law is not enough to growing korean main seaport and airport to a international logistics hub. so various strategies are needed. In this study, we propose the growing strategies that are to establish and manage the free zone of ports and its hinterland are: the establishment of a long-term vision of international logistics complexes, the improvement of the proximity to markets/customers by way of linkage of global networks, the activation of the industrial complex in hinterland, the development of the skilled labor and the labor climate, the cooperation between governmental bodies and government/provincial bodies, continuous development of logistics infrastructure and so on.

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A Study on Strategy Direction for Promoting the Geo-spatial Information Industry by Input-Output Analysis (산업연관분석을 통한 공간정보산업의 특징 및 정책방향성에 대한 연구)

  • Lim, Si Yeong;Ahn, Jong Wook;Yi, Mi Sook
    • Spatial Information Research
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    • v.20 no.6
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    • pp.69-76
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    • 2012
  • In this study, we derived the characteristics of the geo-spatial information industry by using input-output analysis. For this analysis, we classified the geo-spatial information industry and reorganized the input-output table. And we derived the production inducement coefficient, index of the power of dispersion and index of the sensitivity of dispersion in the geo-spatial information industry. We confirmed that geo-spatial information industry has a small production inducement coefficient and a great forward linkage effect. Based on these facts, we suggested the strategy direction as follows: 1) building the industrial eco-system, 2) managing both advance and applicability enhancement, 3) Establishing from a long-term point of view.

Evolution of Limits to Growth Studies and its Implications on Concept and Strategy of Sustainable Development (성장의 한계 논의의 전개와 지속가능발전에의 함의)

  • Moon, Tae Hoon
    • Korean System Dynamics Review
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    • v.17 no.2
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    • pp.5-32
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    • 2016
  • Purpose of this paper is to review series of Limits to Growth studies from its original Rome Club Report published in 1972 to the most recent one in 2012 by Jorgen Randers and finds its implications on concept and strategy of sustainable development. For this purpose first, this paper reviewed series of Limits to Growth studies in details with focus on scenarios used in simulation of world model. Second, response to the original Limit to Growth was reviewed and to see validity of its scenario based simulations, simulated results of interest variables and actual historical data up to the year 2010 was compared. Third, structure and key arguments in both studies, Limit to Growth studies and Our Common Future was explained and compared. Finally, implications of the Limit to Growth studies on concept and strategy for sustainable development was discussed. Based on the comparison, this paper argued that even if the term sustainable development was not used in the Limit to Growth at all, concept and strategies for sustainable development implied in the Limit to Growth are more clear and specific than those of Our Common Future. Since Limit to Growth studies were simulation based ones that produce detailed behaviors on interest variables, it clarifies more clearly the abstract concept of sustainable development and thus, provides specific guidelines for the direction of sustainable policy which has been suffering long from vagueness of concept of sustainable development.

Concentration Distributions and A Reduction Strategy of Airborne Radon in Seoul Metropolitan Subway Stations (서울시 지하철역내의 라돈 농도분포 및 저감대책)

  • 김동술;김윤신;김신도;신응배;김성천;유정석
    • Journal of Korean Society for Atmospheric Environment
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    • v.9 no.4
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    • pp.271-277
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    • 1993
  • Indoor radon has been known as one of the notorious carcinogens. However, a safe environmental criterion of radon has not yet been established in Korea, The main objectives of this study were to study concentration distributions of radon, to trace radon sources in subways, and to obtain a strategy for radon reduction in Seoul metropolitan area. Radon concentrations had been extensively determined by several steps. The first step was to survey radon levels in all of 83 subway stations from October to November in 1991. The second step was to select 40 out of 83 stations and then to study seasonal variations in 1991 and 1992. The third step was to monitor radon levels by hourly-basis plans. The fourth step was to seek a radon reduction strategy by altering ventilation at Ankuk station where had the highest radon concentration during the first measurement step. Each underground floor in the station was divided into 10 sites to measure hourly radon variations. The final step of the study was to measure radon concentrations in groundwater that is one of the possible main sources radon place. The result of the various measuring approaches showed short-and long-term radon variation and indicated radon reduction schemes.

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