• Title/Summary/Keyword: Opportunity

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OVERALL BENEFIT-DURATION OPTIMIZATION (OBDO) FOR OWNERS IN LARGE-SCALE CONSTRUCTION PROJECTS

  • Seng-Kiong Ting;Heng Pan
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.780-785
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    • 2005
  • This paper aims to consider an overall benefit-duration optimization (OBDO) problem for the sake of maximizing owner's economic benefits, whilst considering influences of schedule compression incurred opportunity income on the profitability of a large-scale construction project. Unlike previous schedule optimization models and techniques that have focused on project duration or cost minimization, with greater weight on contractors' interests, OBDO facilitates owner's economic benefits through overall benefit-duration optimization. In this paper, the objective function of OBDO model is formulated. An example is illustrated to prove the feasibility and practicability of the overall benefit-duration optimization problem. The significance of employing OBDO model and future research work are also described.

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Emergency Management Policy Issues during and after COVID-19: Focusing on South Korea

  • Ki Woong Cho;Dongkyun Park
    • Journal of Contemporary Eastern Asia
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    • v.22 no.1
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    • pp.49-81
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    • 2023
  • South Korea is currently facing many changes and challenges. To make matters worse, society has struggled to function as it did before COVID-19. This study describes the past and current COVID-19 situation to offer lessons on management during and after COVID-19. We provide implications from COVID-19 and the foundation for future disasters by employing the strengths, weaknesses, opportunities, and threats (SWOT) analysis and indigenous administrative conceptual framework on culture, institution, and instrument to add a circumstance perspective. This study used secondary data from prior research and literature. Resolutions for these policy issues are presented using the strength-opportunity (SO), strength-threat (ST), weakness-opportunity (WO), and weakness-threat (WT) strategies. We suggest utilizing instruments that consider diverse societies and preventing the disease with climate change by collaborating with social institutions. We hope these implications and resolutions will provide insights for the future and other countries.

The Effect of Personalization on Cross-Buying and Shopping Cart Abandonment Based on the S-O-R Framework

  • Kon Woo Kwon;Gee-Woo Bock;Kyu Min Hwang
    • Asia pacific journal of information systems
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    • v.30 no.2
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    • pp.252-283
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    • 2020
  • Online retail is a growing opportunity for retailers and consumers. Cross-buying provides companies with an opportunity to increase their revenue contributions from existing consumers. In many fields, especially in the service sector, cross-selling is an easier strategy to use relative to increasing revenue rather than acquiring new consumers. Website personalization has been a powerful indispensable tool for web-based companies and end users. Using the Mehrabian and Russell's Stimulus-Organism-Response framework, we experimentally examined how an online retailing merchant's environmental stimuli (S) arouses internal affective and cognitive states (O), that affect consumers' approach-avoidance behavior (R) in cross-buying and shopping cart abandonment in online transactions.

The Race for TVs with Higher Luminous Efficiency

  • Weber, Larry F.
    • 한국정보디스플레이학회:학술대회논문집
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    • 2005.07a
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    • pp.3-10
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    • 2005
  • The major display contenders: LCDs, CRTs, PDPs, projection displays, FEDs, SEDs and OLEDs are each examined in terms of the most critical display characteristic, the luminous efficiency. Each technology has great opportunity for improvement, but which one will win the race?

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Influence of Uncertainty and Uncertainty Appraisal on Self-management in Hemodialysis Patients (혈액투석 환자의 불확실성과 불확실성 평가가 자기관리에 미치는 영향)

  • Jang, Hyung Suk;Lee, Chang Suk;Yang, Young Hee
    • Journal of Korean Academy of Nursing
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    • v.45 no.2
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    • pp.271-279
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    • 2015
  • Purpose: This study was done to examine the relation of uncertainty, uncertainty appraisal, and self-management in patients undergoing hemodialysis, and to identify factors influencing self-management. Methods: A convenience sample of 92 patients receiving hemodialysis was selected. Data were collected using a structured questionnaire and medical records. The collected data were analyzed using descriptive statistics, t-test, ANOVA, Pearson correlations and multiple regression analysis with the SPSS/WIN 20.0 program. Results: The participants showed a moderate level of uncertainty with the highest score being for ambiguity among the four uncertainty subdomains. Scores for uncertainty danger or opportunity appraisals were under the mid points. The participants were found to perform a high level of self-management such as diet control, management of arteriovenous fistula, exercise, medication, physical management, measurements of body weight and blood pressure, and social activity. The self-management of participants undergoing hemodialysis showed a significant relationship with uncertainty and uncertainty appraisal. The significant factors influencing self-management were uncertainty, uncertainty opportunity appraisal, hemodialysis duration, and having a spouse. These variables explained 32.8% of the variance in self-management. Conclusion: The results suggest that intervention programs to reduce the level of uncertainty and to increase the level of uncertainty opportunity appraisal among patients would improve the self-management of hemodialysis patients.

Development and Implementation of Extension Models Based on the Review of Cash Flow Models (현금흐름모형 고찰에 의한 확장모형의 개발 및 적용)

  • Choi, Sungwoon
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.435-448
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    • 2013
  • The aim of this study is to investigate and develop the extended models for Economic Cash Amount(ECA), Cash Break Even-Point(BEP), and Cash Flow Statement(CFS) by referencing systematic literature review in the field. The study develops three extended models to determine the optimal cash amount: ECA model with interest opportunity cost, financing transaction cost and financing fail cost, ECA model with daily cash supply and interest opportunity cost, ECA model with financing fail cost and interest opportunity cost. Earnings Before Interests, Tax, Depreciation and Amortization(EBITDA) is obtained by subtracting noncash depreciation costs from Earning Before Interest and Tax(EBIT), which is efficient metric to evaluate operating cash flow. The research also develops two extended Cash BEP models, considered as interest and corporate tax, in order to indentify the break-even point as EBITDA equals zero. Furthermore, this paper proposes the modified version of CFS by introducing the reclassification of operating and financing accounts in the statement of financial position. In addition, the study also present the reclassification of five types of profit, such as gross profit, EBIT, ordinary profit, special profit, and net profit within the statement of comprehensive income. In order to provide a better understanding of the proposed cash flow models, numerical examples, such as two-sample t test and Analysis of Variance(ANOVA), are presented to demonstrate the statistical significance according to the industrial types for net working capital(i.e cash-to-cash), net profit, operating cash flow and free cash flow.