• Title/Summary/Keyword: Selection model

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A Study on the Influence of Apartment Brand Image on Occupancy Satisfaction (아파트 브랜드 이미지가 입주만족도에 미치는 영향 분석)

  • Kim, Dong-Il;Kang, Hee-Sam
    • Journal of the Korea Convergence Society
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    • v.9 no.3
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    • pp.241-247
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    • 2018
  • The purpose of this study is to investigate the relationship between the residential satisfaction and the residential satisfaction in the residential environment. For this study, we analyzed the main factors of occupancy satisfaction by integrating previous studies on brand and housing and purchase intention, developing a research model based on the theoretical study on occupancy satisfaction, and establishing a research hypothesis. The results of this study are as follows: First, the relationship between first brand image and occupancy satisfaction is statistically significant. Second, the relationship between residential satisfaction and residential satisfaction is significant. In addition, the relationship with prices acting as parameters is analyzed to be somewhat significant. Therefore, this study is expected to provide not only useful information in the relationship between apartment supplier and consumer, but also provide basic information on similar research. Therefore, this study is expected to provide not only useful information in the relationship between apartment supplier and consumer, but also provide basic information on similar research. However, due to limitations such as selection of control variables and analytical errors, future research should be conducted through development of more comprehensive and valid indicators.

A Study on the Economic Efficiency of Capital Market (자본시장(資本市場)의 경제적(經濟的) 효율성(效率性)에 관한 연구(硏究))

  • Nam, Soo-Hyun
    • The Korean Journal of Financial Management
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    • v.2 no.1
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    • pp.55-75
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    • 1986
  • This article is to analyse the economic efficiency of capital market, which plays a role of resource allocation in terms of financial claims such as stock and bond. It provides various contributions to the welfare theoretical aspects of modern capital market theory. The key feature that distinguishes the theory described here from traditional welfare theory is the presence of uncertainty. Securities has time dimensions and the state and outcome of the future are really uncertain. This problem resulting from this uncertainty can be solved by complete market, but it has a weak power to explain real stock market. Capital Market is faced with the uncertainity because it is a kind of incomplete market. Individuals and firms in capital market made their consumption-investment decision by their own criteria, i. e. the maximization of expected utility form intertemporal consumption and the maximization of the market value of firm. We noted that allocative decisions that had to be made in the economy could be naturally subdivided into two groups. One set of decisions concerned the allocation of first-period resources among consumption $C_i$, investment in risky firms $I_j$, and riskless investment M. The other decisions concern the distribution among individuals of income available in the second period $Y_i(\theta)$. Corresponing to this grouping, the theoretical analysis of efficiency has also been dichotomized. The optimality of the distribution of output in the second period is distributive efficiency" and the optimality of the allocation of first-period resources is 'the efficiency of investment'. We have found in the distributive efficiency that the conditions for attainability is the same as the conditions for market optimality. The necessary and sufficient conditions for attainability or market optimality is that (1) all utility functions are such that -$\frac{{U_i}^'(Y_i)}{{U_i}^"(Y_i)}={\mu}_i+{\lambda}Y_i$-linear risk tolerance function where the coefficients ${\mu}_i$ and $\lambda$ are independent of $Y_i$, and (2) there are homogeneous expectations, i. e. ${\Large f}_i(\theta)={\Large f}(\theta)$ for every i. On the other hand, the efficiency of investment has disagreement about optimal investment level. The investment level for market rule will not generally lead to Pareto-optimal allocation of investment. This suboptimality is caused by (1)the difference of Diamond's decomposable production function and mean-variance valuation model and (2) the selection of exelusive investment or competitive investment. In conclusion, this article has made an analysis of conditions and processes of Pareto-optimal allocation of resources in capital marker and tried to connect with significant issues in modern finance.

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Supporting Market Entry Decisions For Global Expansion Using Option +Scenario Planning Analysis (실물옵션 및 시나리오 분석을 활용한 해외 건설시장 진출 의사결정 지원모델의 개발)

  • Kim, Byung-Il;Kim, Du-Yon;Han, Seung-Heon
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.135-147
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    • 2009
  • The world has witnessed the dramatic expansion of international construction markets during the last decades, particularly around the developing economies and energy resource-rich countries. However, despite the booming markets, the risks of emerging regions have also increased under the rapidly changing environments confronting the global contractors. Most of all, success in overseas business mainly depends on selecting the right market to enter. Accordingly, the right market selection requires global firms to carefully carry out the scientific market entry decision by evaluating country risks, market prospects, firm's capability, level of competition, and among others. This study aims at developing a market entry model by the use of real option analysis (ROA) and scenario planning, which addresses the corporate strategic flexibility against the uncertainties encompassing the overseas construction markets. Based on the suggested approach, global contractors are expected to make a better decision rather than a typically static approach in pursuing, postponing, or abandoning a prospective market to their capacity with a concurrent consideration of uncertainties as well as its option value.

METAMERISM IN COMPOSITE RESINS UNDER FIVE STANDARD ILLUMINANTS - D65, A, C, FCW AND TL84 (복합레진의 조건등색에 관한 연구)

  • Park, Ki-Jeong;Hwang, Yun-Chan;Kim, Sun-Ho;Oh, Won-Mann;Hwang, In-Nam
    • Restorative Dentistry and Endodontics
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    • v.28 no.5
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    • pp.402-408
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    • 2003
  • This study was done to present a criterion in selection of the most proper light sources and materials by measuring metamerism index(MI) of the light curing composite resins with spectrocolorimeter. Metamerism is defined when two objects appear to be the same color in one illuminant but different in another. This is due to the fact that they have different spectral curves that fail to match under the second illuminant. In this study, A1 & A3 shade of five light curing composite resins (Esthet-X, Filteck Z250, Filteck A110. Charisma. Vitalescence) were chosen based on Vita shade. Five samples were made for shade of each product with Teflon mold (diameter: 15mm, thickness: 2mm). Metamerism index of each samples on a Barium sulfate plate($L^{*}=96.54,{\;}a^{*}=0.19,{\;}b^{*}=0.01$) prepared for sample fixation were measured with spectrocolorimeter(Miniscan XE plus. Model 4000s. Hunter Lab. USA) by applying standard light source D^{65}, C. Fcw, TL84 and A. Standardization was done with reference standard(X=80.8, Y=85.7, Z=90.8) and light trap. The results were as follows. 1. Different resins with same Vita shade showed recognizable color difference (${\delta}E^{*}>2$). 2. All composites had MI below accepted value 0.5 between standard illuminant(D$_{65}$, C, & A) and below 1.5 under fluorescent condition (Fcw & TL84). 3. MI value between $D^{65}$ and A showed higher value than MI value between other source of light(p<0.01). 4. All resins except Z250 showed MI value that A3 is higher than A1 between $D^{65}$ and A(p<0.05).except Z250 showed MI value that A3 is higher than A1 between $D^{65}$ and A(p<0.05).

Nitrogen and Phosphorus Removal Characteristics of a New Biological Nutrient Removal Process with Pre-Denitrification by Pilot Scale and Computer Simulation Program (선단무산소조를 이용한 영양소제거공정(Bio-NET)의 질소·인 제거 특성)

  • Oh, Young-Khee;Oh, Sung-Min;Hwang, Yenug-Sang;Lee, Kung-Soo;Park, No-Yeon;Ko, Kwang-Baik
    • Journal of Korean Society of Environmental Engineers
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    • v.22 no.1
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    • pp.121-132
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    • 2000
  • This study is to investigate the performance of a new BNR process using predenitrification scheme focusing on nitrogen removal and the possibility of adapting a computer simulation scheme in BNR process development. By using a pre-denitrification basin, higher $COD/NO_3-N$ ratio could be sustained in this BNR process. The results of the investigation showed a SDNR value of 9.04mg/gMv/hr. In the anoxic tank, the average value of SPRR of 6.25mgP/gMv/hr was observed to be very sensitive to SCOD load of influents. By calibrating internal parameters (stoichiometric and kinetic parameters) of the simulation model, the results of simulation for various BNR processes gave good agreement with observed data. The major adjustment was given with three parameters, maximum specific growth rate of heterotrophic biomass, short chain fatty acid (SCFA) limit, and phosphorous release rate. With the series of simulations on varying operational conditions, the simulation by computer program can be a useful tool for process selection, and design and operation of municipal wastewater treatment plant.

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Revitalization Case Study Of Bamboo Industry of Damyang Province through Design Business Approach (디자인비즈니스개념적 접근을 통한 담양군 죽세산업의 재활성화방안 사례연구)

  • Kim, Myoung-Joo;Kim, Jung-Pil;Lee, Jin-Ryeol
    • Archives of design research
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    • v.18 no.3 s.61
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    • pp.75-84
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    • 2005
  • This study suggests the way of revitalization of strategic specialized industry from the perspective of design business model. In order to revitalize the regional strategic specialized industry, it is necessary to overcome traditional production-based industry structure. For the industry's side, companies should convert their traditional production-based business perspective into market-oriented or design-oriented one. For the designer's side, they need to lead the design-centered industry structure by suggesting active design sources to industries escaping from passive design development perspective. Namely, the revitalization of strategic specialized industry can be peformed by design-based and market-oriented business execution. The formation of market-oriented industry can be accomplished by designers who do their design development works with design-business perspective and play an active role in the industry system. For the suggestion of concept mentioned above, this study conceptualized the meaning of design business, and applied the concept of it to the case study for bamboo industry of Damyang province. The case study suggests the possibility that designers are able to create higher profit through various sources such as sales royalty, production royalty etc by playing an active role for design development, industry selection, business system establishment and so on. In addition, the study implies that industries can increase the possibility of business success through design-based business execution mentioned above.

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A Study of the Selection of the Valuation Items of the Environmental Illumination Design for a Bridge (교량의 경관조명연출디자인 평가항목 도출에 관한 연구)

  • Cho, Hyun-Choul
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.18 no.6
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    • pp.22-30
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    • 2004
  • It is an attempt to suggest the standard valuation method of the environmental illumination for the bridges across the Han-river from an aesthetic point of view, deviating from the technical and traditional viewpoint. In Korea the current evaluation criterion to verify the value of bridge design has a partiality for the technical and structural safety rather than the sentient beauty on the whole. However, the recently cultural reform of Korean mass society with the elevation of the standard of living forces the engineering designers for bridges to focus not only on competing physical structures but also on enhancing the formative beauty including the illumination effects for night view. Additionally, the new policy, which transforms the environments around the Han-river into the major tourist attractions has been executing strongly by the city authorities to revitalize the symbolic, historic, and cultural identity of the capital city with the introduction of the high-quality environmental illumination for the bridges. As a result, It becomes necessary to establish the manual and standardization of the environmental illumination planning for the city in terms of the formative beauty, and this study is to suggest the valuation model method of the environmental illumination for the bridges as the initial step of the standardization. In the study, the valuation items of the standard questionnaire are selected by the documentary records and the consultation of various experts in architecture, design, fine art, urban planning and even administration to verify the essential elements of the aesthetic beauty with the local amenity and the environmental harmony for the chosen bridges across the Han-river.

Study on the Measurement System of Behavior of a Slender Structure using an Underwater Camera which is applied in DOEB (심해공학수조에 적용되는 수중카메라를 이용한 세장체의 연속 거동 측정방법에 관한 연구)

  • Jung, Dong-Ho;Kwon, Yong-Ju;Park, Byeong-Won;Jung, Jae-Hwan;Choi, Jong-Su;Cho, Seok-Kyu;Sung, Hong-Gun
    • Journal of Navigation and Port Research
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    • v.42 no.1
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    • pp.1-8
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    • 2018
  • This study covers the selection of systems measuring the behaviour of the slender structure in the underwater environment and its performance assessment. From a comparison of an instrumentation system that can measure the continuous behaviour along the entire length of the slender structure, the underwater camera system is finally selected as the most appropriate semi-permanent measurement system for Deep-sea Ocean Engineering Basin of KRISO. An experiment on the rigid pipes for a basic performance evaluation of the underwater camera is conducted in this study. The motion of a top excited rigid pipe is measured with the utilization of the underwater camera system. The performance of the underwater camera is evaluated by comparing the movement of a pipe measured by the underwater camera with the measured input signals. Through the top excitation experiment for the slender structure, the real-time three-dimensional measurement of the underwater camera system is qualitatively evaluated in this case. The developed underwater camera system can apply to the system to measure dynamic behaviour of a slender structure and mooring line in Deep Ocean Engineering Basin.

(Buffer Management for the Router-based Reliable Multicast) (라우터 기반의 신뢰적 멀티캐스트를 위한 버퍼 관리)

  • 박선옥;안상현
    • Journal of KIISE:Information Networking
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    • v.30 no.3
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    • pp.407-415
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    • 2003
  • As services requesting data transfer from a sender to a multiple number of receivers become popular, efficient group communication mechanisms like multicast get much attention. Since multicast is more efficient than unicast in terms of bandwidth usage and group management for group communication, many multicast protocols providing scalability and reliability have been proposed. Recently, router-supported reliable multicast protocols have been proposed because routers have the knowledge of the physical multicast tree structure and, in this scheme, repliers which retransmit lost packets are selected by routers. Repliers are selected dynamically based on the network situation, therefore, any receiver within a multicast group can become a replier Hence, all receivers within a group maintains a buffer for loss recovery within which received packets are stored. It is an overhead for all group receivers to store unnecessary packets. Therefore, in this paper, we propose a new scheme which reduces resource usage by discarding packets unnecessary for loss recovery from the receiver buffer. Our scheme performs the replier selection and the loss recovery of lost packets based on the LSM [1] model, and discards unnecessary packets determined by ACKs from erasers which represent local groups.

The Response Prediction of Flexible Pavements Considering Nonlinear Pavement Foundation Behavior (비선형 포장 하부 거동을 고려한 연성 포장의 해석)

  • Kim, Min-Kwan
    • International Journal of Highway Engineering
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    • v.11 no.1
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    • pp.165-175
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    • 2009
  • With the current move towards adopting mechanistic-empirical concepts in the design of pavement structures, state-of-the-art mechanistic analysis methodologies are needed to determine accurate pavement responses, such as stress, strain, and deformation. Previous laboratory studies of pavement foundation geomaterials, i.e., unbound granular materials used in base/subbase layers and fine-grained soils of a prepared subgrade, have shown that the resilient responses followed by nonlinear, stress-dependent behavior under repeated wheel loading. This nonlinear behavior is commonly characterized by stress-dependent resilient modulus material models that need to be incorporated into finite element (FE) based mechanistic pavement analysis methods to predict more realistically predict pavement responses for a mechanistic pavement analysis. Developed user material subroutine using aforementioned resilient model with nonlinear solution technique and convergence scheme with proven performance were successfully employed in general-purpose FE program, ABAQUS. This numerical analysis was investigated in predicted critical responses and domain selection with specific mesh generation was implemented to evaluate better prediction of pavement responses. Results obtained from both axisymmetric and three-dimensional (3D) nonlinear FE analyses were compared and remarkable findings were described for nonlinear FE analysis. The UMAT subroutine performance was also validated with the instrumented full scale pavement test section study results from the Federal Aviation Administration's National Airport Pavement Test Facility (FAA's NAPTF).

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