• Title/Summary/Keyword: Opportunity Time

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Mt. Baekdu Tourism and Rehabilitation of the Mt. Baekdu Airport (백두산 관광과 백두산공항 개선)

  • Yu, Seung-Gwon
    • Journal of the Korean Professional Engineers Association
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    • v.40 no.6
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    • pp.53-58
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    • 2007
  • The government announced to launch tours to the Mt.Baekdu that use a direct air route through the 2007 South-North Korean leader joint declaration. The Mt.Baekdu tourism is large symbolism to the Korean people. Government and Hyundai Asan speak that propel Mt.Baekdu tourism using existent Samjiyeon airport in early time. But, air traffic and airport operation must consider safety preferentially. Present condition investigation and facility improvement of the Samjlyeon airport should be enforced first. And need facility expansion by increased demand hereafter. Compose South-North Air traffic network system to this opportunity and basis research and phase investment may have to be propelled.

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Fuzzy model of comprehensive evaluation and its applications

  • Wang, Zhaorong;Heins, Will
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 1993.06a
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    • pp.1238-1241
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    • 1993
  • A fuzzy mathematical model is presented that can be applied to support the inspection of organizations by an internal or external evaluation group. The model offers the opportunity to deal with the situation of common practice in which such evaluations are considered as a time series rather than single events. A hypothetical but realistic example is given to illustrate the computational procedure involved.

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A Token-Ring-Based MAC Protocol in IEEE 802.11 WLANs (IEEE 802.11 무선 랜에서의 토큰링 기반의 매체 접속 제어 프로토콜)

  • Lee, Eun Guk;Rhee, Seung Hyong
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.39B no.1
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    • pp.38-40
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    • 2014
  • In this paper, proposed method achieves delay reduction and throughput improvement by utilizing token-ring method in infrastructure network. Access Point gives token passing effect by successively transmitting ACK frame including a node's Association ID. Not only can this method considerably reduce time for medium access, but also improve throughput. Furthermore, AP offers more frequent medium access opportunity to node having highest data queue among nodes associated by AP. these method can evenly offer medium access opportunity according to Queue's volumes.

Networked Intelligent Motor-Control Systems Using LonWorks Fieldbus

  • Hong, Won-Pyo
    • Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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    • 2004.11a
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    • pp.365-370
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    • 2004
  • The integration of intelligent devices, devices-level networks, and software into motor control systems can deliver improved diagnostics, fast warnings for increased system reliability, design flexibility, and simplified wiring. Remote access to motor-control information also affords an opportunity for reduced exposure to hazardous voltage and improved personnel safety during startup and trouble-shooting. This paper presents LonWorks fieldbus networked intelligent induction control system architecture. Experimental bed system with two inverter motor driving system for controlling 1.5kW induction motor is configured for LonWorks networked intelligent motor control. In recent years, MCCs have evolved to include component technologies, such as variable-speed drives, solid-state starters, and electronic overload relays. Integration was accomplished through hardwiring to a programmable logic controller (PLC) or distributed control system (DCS). Devicelevel communication networks brought new possibilities for advanced monitoring, control and diagnostics. This LonWorks network offered the opportunity for greatly simplified wiring, eliminating the bundles of control interwiring and corresponding complex interwiring diagrams. An intelligent MCC connected in device level control network proves users with significant new information for preventing or minimizing downtime. This information includes warnings of abnormal operation, identification of trip causes, automated logging of events, and electronic documentation. In order to show the application of the multi-motors control system, the prototype control system is implemented. This paper is the first step to drive multi-motors with serial communication which can satisfy the real time operation using LonWorks network.

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Theory of Comparison Value and Online Comparison Challenge Advertising (비교가치이론과 온라인 비교도전 광고)

  • 이재원;이재규
    • Korean Management Science Review
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    • v.20 no.2
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    • pp.197-204
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    • 2003
  • Comparison challenge approach is proposed as a form of challenger-activated. just-in-time Internet advertising. To develop a framework for a comparison challenge, we propose a theory of comparison value. A comparison is regarded valuable if a comparison opportunity is available and if the comparison is relevant and informative, has an appropriate level of detail, and is advantageous and trustworthy. Based on this theory, the CompareMe and CompareThem strategies are devised, and comparable objects are classified in terms of price and performance dominance as well as the scope of proximity. The idea is demonstrated with a comparison of PCs from five leading manufacturers. To assist in the planning of the comparison challenge, a mathematical programming model was formulated to maximize the value of comparison under the constraints of the comparison opportunity and budget. The model is applied to eight scenarios in terms of the range of comparing objects. The models under various scenarios are tested and contrasted with the real-world example of PCs. We found the ad effect of comparison challenge to be substantially better than banners (4.75 times) and similarity-based comparisons (2.77 times), providing customers with better performance and reduced prices.

Change of Paradigm of Research about Workplace in Organization and Architecture Area in 20th Century (20세기 기업조직과 건축분야에서의 업무공간연구 패러다임의 변화)

  • 박영기;조지연
    • Korean Institute of Interior Design Journal
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    • no.41
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    • pp.96-103
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    • 2003
  • The historical separation between organization studies and architecture area created a design environment in which wort processes are evaluated separately from setting where they occur. The impact of separation has been parallel yet disconnected development in th two disciplines in which the advance in one arena have not precipitated advances in the other. This is the unfortunate loss as each discipline has the potential to contribute directly to the other. With the emergence of new economy the opportunity to realign the tow disciplines is once again presented as new ways of working have enhanced this opportunity. It is important to revisit the historical development of the tow disciplines and to discuss how the misalignment of their respective concerns contributed to the establishment of our current situation. What happened to create an environment in which organizations assume that one of their largest capital expenditures the cost of providing work spaces for employees is unrelated to their work process\ulcorner what recent developments offer opportunities to rectify this dilemma\ulcorner In this study it is presented a historical review of organization studies and architecture. Through examination of these areas across time it becomes quite apparent that it is now appropriate to pose new questions about organization and their architecture. The comparison of two parallel developments explains how the current design environment is separated from organization studies and offers compelling evidence for why it is important to revisit this separation in light of contemporary theories on collaborative work, organizational learning and communities of practice.

A Critical Study on Buyer's Remedy Articles under the CISG (CISG에서 매수인구제조항(買受人救濟條項)에 관한 비판적(批判的) 연구(硏究))

  • Park, Sang-Gi
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.12
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    • pp.39-64
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    • 1999
  • Under the CISG, there is a unequitable factor in comparing buyer's remedy with seller's remedy. In my opinion, CISG is more unequitable remedy clause than UCC or UNIDROIT principle of International Commercial Contract(1994) between seller and buyer. First, buyer who accepted defect goods must give seller notice the facts that seller delivered defect goods in two years after accepting defect goods. The cap of two year is unreasonable in a position of aggrieved buyer. This is being provided as 'within reasonable time' in UCC and there is no such provision in UNIDROIT Principle. Second, Buyer can avoid contract when seller breached fundamentally contract or seller didn't set a additional performance period about breaching of contract. Accordingly if buyer would not set a additional performance period, although seller's breachment of contract, he could not avoid the contract. Therefore, From a viewpoint of aggrieved buyer avoidable right of contract is restrainted. Third, to compare seller's remedy with buyer's, seller have more opportunity to cure breachment of contract than buyer. Under the CISG buyer is relatively placed at disadvantage in remedy of aggrieved party. In connection with remedy of aggrieved party, 'UNIDROIT principle of international commercial contracts' instead seller and buyer of aggrieved party, so there is not unequitable factor in remedy of aggrieved parties.

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An Analysis of Adolescents' Perceived Risk on Conformity Behavior of Fashion Brand (의복구매시 청소년의 지각된 위험이 패션브랜드 동조행동에 미치는 영향)

  • Jun, Dae-Geun
    • Journal of the Korean Home Economics Association
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    • v.46 no.10
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    • pp.71-81
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    • 2008
  • This study aimed to identify the effects of adolescents' perceived risk on fashion brand conformity behavior. To analyze conformable fashion brand behavior with consideration to their reference group, 6 dimensions of perceived risk were adopted as explanatory variables. Reference group means people that a person refers to when evaluating his values & behaviors. Data were collected from 672 male and female students aged between 14 and 18. Factor analysis on perceived risk resulted in 6 dimensional structures: socio-psychological, time loss, functional, fashionability loss, performance and opportunity loss risk. Fashionability loss risk positively affected adolescent fashion brand conformity behavior according to their favorite celebrities. Performance risk positively affected in consideration to their parents, while opportunity loss risk had a negative effect on the same reference group. However, socio-psychological and fashionability loss risk positively affected adolescent fashion brand conformity behavior in consideration to their friends, while performance loss risk had negative effect on the same reference group. Adolescent groups divided by the 6 dimensions of perceived risk showed meaningful differences in their fashion brand conformable behavior in consideration to their reference groups.

A Study on the Efficiency of Execution of the Private Subsidy for Environmentally Friendly Aquaculture (친환경양식어업육성 민간보조사업비 집행효율 증대 방안)

  • Kim, Kuk-Ju
    • The Journal of Fisheries Business Administration
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    • v.51 no.1
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    • pp.53-66
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    • 2020
  • The Ministry of Maritime Affairs and Fisheries is supporting the "Environmentally Friendly Fisheries Promotion and Private Assistance Project" to increase production of eco-friendly, high-value-added foods. Private-backed operators selected for the project will have an economic opportunity to build, expand or refurbish eco-friendly fishing grounds. To facilitate this, the scope of project support was expanded after 2015 and an opportunity was prepared for private subsidy projects to grow to a new level in terms of quality and quantity by switching to a public offering project. However, starting in 2017, demand from the private sector will plunge and selected projects will be delayed or the project implementation rate will be lowered. It was a time for subsidy-related laws and systems to be reinforced but private subsidy projects do not temporarily shrink simply due to the increased administrative burden on private subsidy operators on subsidy management. It plans to review the correlation between laws and systems related to the construction of fish farms and suggest ways to enhance the efficiency of implementation so that economic advantages, the biggest advantage of the private subsidy project, can be recovered within the current legal system.

Modeling Implied Volatility Surfaces Using Two-dimensional Cubic Spline with Estimated Grid Points

  • Yang, Seung-Ho;Lee, Jae-wook;Han, Gyu-Sik
    • Industrial Engineering and Management Systems
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    • v.9 no.4
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    • pp.323-338
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    • 2010
  • In this paper, we introduce the implied volatility from Black-Scholes model and suggest a model for constructing implied volatility surfaces by using the two-dimensional cubic (bi-cubic) spline. In order to utilize a spline method, we acquire grid (knot) points. To this end, we first extract implied volatility curves weighted by trading contracts from market option data and calculate grid points from the extracted curves. At this time, we consider several conditions to avoid arbitrage opportunity. Then, we establish an implied volatility surface, making use of the two-dimensional cubic spline method with previously estimated grid points. The method is shown to satisfy several properties of the implied volatility surface (smile, skew, and flattening) as well as avoid the arbitrage opportunity caused by simple match with market data. To show the merits of our proposed method, we conduct simulations on market data of S&P500 index European options with reasonable and acceptable results.