• Title/Summary/Keyword: Management index

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Development of a Reliability Index using Design, Development and Production Information (설계, 개발 및 양산 정보를 활용한 신뢰성 지수 개발)

  • Kim, Sung Kyu;Park, Jung Won;Kim, Yong Soo
    • Journal of Korean Society for Quality Management
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    • v.43 no.3
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    • pp.373-382
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    • 2015
  • Purpose: In this paper, we developed a reliability index (RI) to efficiently compare reliability of products based on the design, development and production information such as reliability tests, quality, product life-cycle management. RI also can be applied to reliability prediction of a novel product as well as comparison evaluation among existing products. Methods: For evaluating RI, we proposed evaluation process which is composed of five steps. Target modules are selected based on warranty data and correlation analysis. Scores of selected target modules are calculated by scoring function. Finally, weights of RI model are determined by optimization method. Results: This paper presented an empirical analysis based on failure data of mobile devices. In this case study, we demonstrated that there is a direct correlation between evaluated RI and field failure probability of each product. Conclusion: We proposed the index for comprehensive and effective assessment of product reliability level. From the procedure of this study, we expected to be applied for reliability estimation of novel products and deduction of field failure-related factors.

Development of Performance Index for Ubiquitous Building Fire Safety System - Focused on Sprinkler System - (유비쿼터스 건물 화재안전시스템을 위한 성능지수 개발 - 스프링클러 시스템을 중심으로 -)

  • Kim, Jong-Hoon;Roh, Sam-Kew
    • Fire Science and Engineering
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    • v.23 no.3
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    • pp.23-30
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    • 2009
  • For managing fire safety system in building by ubiquitous management system, the index system to express the performance level of fire protection system is demanded. If some component formed fire protection system such as sprinkler water supply system is breakdown, that will fall down the performance of fire protection capacity. Consequently, it will affects the level of fire safety of building management and energy response. Consequently, Building fire protection system could give performance level of fire protection condition and the level of fire safety in building. It will also contribute to the development of wide area fire safety management. This development of index system has been developed as a part of the development project of Ubiquitous building fire management system.

Development of Safety Assessment Indicators and Facility Management System for Crime Prevention - A Case Study of Park -

  • Lee, Su-Ji;Lee, Seung-Su;Song, Ki-Sung;Hwang, Jung-Rae
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.7
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    • pp.109-116
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    • 2019
  • In this study, a GIS-based park safety assessment index was developed to enable objective park vulnerability assessment through data-based GIS analysis, a safety assessment was conducted by selecting a target site where various parks are operated and applying the park safety assessment index. In addition, a facility management system was developed for efficient management of the park safety assessment to update the park safety and provide a foothold for indirect PPGIS. In the case of the assessment index of the safety rating of the park, it was possible to conclude that the accurate quantitative performance was given to the calculation of the safety grade of the park based on the fact that the facilities are different depending on the environment and the size of the park. In addition, the marking the safety grade of parks, as well as the function to show the safety facilities of parks, a common living area for citizens, the management system is expected to have an impact on promoting the use of parks. In the future, in functions such as reporting of facility failures and verifying civil information are implemented by applying civic group participation programs and crowd-sourcing technologies, it is believed that all facilities as well as parks managed by the local government can be managed more efficiently.

A Study on Education Service Quality's Expected Loss Evaluation Model with Potential Customer Satisfaction Improvement Index (잠재적고객요구개선지수를 이용한 교육서비스품질 기대손실평가 모형에 관한 연구)

  • Chang, Yong-Hyuk;Cho, Yu-Jin;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.21 no.2
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    • pp.15-23
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    • 2019
  • Among service industries of knowledge based economic era, the roles of educational service field are becoming more important and standard of educational service makes a direct effect on economic development and social growth. Therefore, accurate measurement of service quality is the most important assignment and the measurement of the service quality remains difficult assignment. So, this researcher classified quality attributes applying weighted value and found potential satisfaction level(PSL) and potential customer demand improvement index(PCDI) for trainees participating in national manpower business so as to suggest measurement of service quality and easiness of use and then, calculated satisfaction position and opportunity cost by quality factor with Taguchi's loss fraction. And, improvable satisfaction level was measured, opportunity cost by degree of customer dissatisfaction was quantitatively measured, and a model that can indicate with economic factors was suggested. In addition, methodology of measuring quality cost that can be reduced by quality improvement and direction of strategic decision-making for deciding items to be improved preferentially were suggested with qualitative index that can indicate the degree of customers' dissatisfaction by loss.

Formal and Informal Institutional Nexus with Entrepreneurial Growth: The Role of the Political Development Index

  • MUKHTAR, Bazla;ZUBAIR, Muhammad;FASIH, Syeda Tayyaba;HUSSAIN, Munir;BUTT, Rehan Muzamil
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.109-121
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    • 2022
  • The study aims to examine the interaction of formal and informal institutions for strengthening economic development, particularly entrepreneurship growth. The research will also assess the impact of control variables on political index within the formal and informal markets. The research is quantitative, which analyses panel data of 6 years in 22 countries comprising middle and high-income countries with diversified and unique political, economic, and social systems. The findings suggested that reducing the entry regulation and promoting the social capital within the formal and informal institutions would grow formal and informal entrepreneurship and be a greater source for new venture creation. Moreover, the political index, a control variable, was found significant in the relationship of institutional mix with formal and informal entrepreneurship. Entry regulations in formal and informal institutions are a complex phenomenon in the entrepreneurship literature, moderated by the political development index as tested by the current study. The time horizon for this paper is much longer since it analyzes 6 years (2014-2019) of data on 22 developing and developed countries to see the entrepreneurial growth across multiple regions on different income levels, geographic conditions, and contrasting political and social systems.

Development of Balanced Performance Measurement Index for B2B e-Marketplace (B2B e-Marketplace의 성과측정지표 개발에 관한 연구 -재무적 성과 및 지식자산 성과관점에서-)

  • Kim, Hyo-gun;Lee, Jaeyeon;Kang, Sora
    • Knowledge Management Research
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    • v.3 no.1
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    • pp.41-60
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    • 2002
  • This paper defines measurement index items and weight of the index for the purpose of developing a performance measurement index that balancedly measures performance of B2B electronic commerce. The deductive research is used for the development of measurement index items and Analytic Hierarchy Process(AHP) method for the development of weight of the index. This paper has four performance measurement perspectives-finance, partners, business process and human resources, which based the existing researches of balanced performance measurement. This researchers developed eleven second level criteria and twenty-six indexes under four perspectives through the deductive method and expert interviews, weighted on the perspectives, criteria and indexes in accordance with the forms of e-marketplace-vertical and horizontal. As a result, the most important indexes are the maintenance of partners and the efficiency of operation process in the vertical e-marketplace. In the horizontal e-marketplace, the collection of partners, development and prediction processes are more important than other indexes.

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Enhanced Indexation Strategy with ETF and Black-Litterman Model (ETF와 블랙리터만 모형을 이용한 인핸스드 인덱스 전략)

  • Park, Gigyoung;Lee, Youngho;Seo, Jiwon
    • Korean Management Science Review
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    • v.30 no.3
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    • pp.1-16
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    • 2013
  • In this paper, we deal with an enhanced index fund strategy by implementing the exchange trade funds (ETFs) within the context of the Black-Litterman approach. The KOSPI200 index ETF is used to build risk-controlled portfolio that tracks the benchmark index, while the proposed Black-Litterman model mitigates estimation errors in incorporating both active investment views and equilibrium views. First, we construct a Black-Litterman model portfolio with the active market perspective based on the momentum strategy. Then, we update the portfolio with the KOSPI200 index ETF by using the equilibrium return ratio and weighted averages, while devising optimization modeling for improving the information ratio (IR) of the portfolio. Finally, we demonstrate the empirical viability of the proposed enhanced index strategies with KOSPI 200 data.

An Improved Process Incapability Index for the Evaluation of Process Capability (공정능력의 평가를 위한 개선된 비공정능력지수)

  • Shin, Kyung-seok;Kim, Seong-Jip;Kang, Chang-wook
    • Journal of Korean Society for Quality Management
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    • v.24 no.4
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    • pp.90-102
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    • 1996
  • Process incapability index which is intended to evaluate the process capability by measuring process incapability provides more detailed information by dividing information about the process mean and variance. But when the target value is not consistent with the center of specification, it is very difficult to evaluate the process capability accurately. Thus it is necessary to improve the existing process incapability index. The improved process incapability index can identify the variation of the process faster than other process capability indices when applied firstly, to the precision process which can be affected sensitively by the change of the process, secondly, to the ordinary process where cost difference from the change of process is noticeable. By using subindices such as inaccuracy index and imprecision index, it is easier for quality manager to find where the cause of the variation of process is, and to take necessary action in advance.

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Neural Network Forecasting Using Data Mining Classifiers Based on Structural Change: Application to Stock Price Index

  • Oh, Kyong-Joo;Han, Ingoo
    • Communications for Statistical Applications and Methods
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    • v.8 no.2
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    • pp.543-556
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    • 2001
  • This study suggests integrated neural network modes for he stock price index forecasting using change-point detection. The basic concept of this proposed model is to obtain significant intervals occurred by change points, identify them as change-point groups, and reflect them in stock price index forecasting. The model is composed of three phases. The first phase is to detect successive structural changes in stock price index dataset. The second phase is to forecast change-point group with various data mining classifiers. The final phase is to forecast the stock price index with backpropagation neural networks. The proposed model is applied to the stock price index forecasting. This study then examines the predictability of integrated neural network models and compares the performance of data mining classifiers.

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A Study on the Retrieval Effectiveness of KWIC Index versus Descriptor Index (KWIC색인(索引)과 Descriptor색인(索引)의 검색(檢索) 효율성(效率性))

  • Choi, Sang-Ki
    • Journal of the Korean Society for information Management
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    • v.2 no.1
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    • pp.96-107
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    • 1985
  • The purpose of this study is to compare the retrieval effectiveness of KWIC index by automatic indexing method with Descriptor index by manual indexing method. The number of documents and requests used in this experimental study are 281 journal articles and 10 user requests in the area of nuclear engineering. The results of experiment show an average recall ratio of 54.89% for KWIC index and 64.42% for Descriptor index.

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