• Journal of the Korea Institute of Military Science and Technology
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• v.2 no.2
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• pp.24-29
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• 1999

The purpose of this study is to develop a method of applying response surface analysis to trade-off techniques for the conceptual design of armored vehicle. The problem areas of concern are the use of this method in the selection of optimum design points when user requirements are in conflict. The application of this method to trade-offs of performance parameters in terms of weight are presented.

• Journal of the military operations research society of Korea
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• v.6 no.1
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• pp.79-92
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• 1980

In cost-only incentive contract the emphasis is the attainment of efficient and effective cost control. In contrast multiple incentives contract correlates contractor's profit motives with the generalized government objective function, the decision variables of which are performance or quality (technical progress), time or schedule (timely development and delivery) and the cost (efficient and effective cost control) Under multiple incentive structure, it is essential to formulate the trade-off curves between cost and performance, which are called iso-fee curves. Trade-off curves depict the combination of cost and performance achievement for which the contractor will be rewarded with the same fee. The basic function of trade-off curves is to show he the contractor will be motivated by incentive arragement to trade off or sacrifice the achievement in one incentive element for the acnievment in another.

• Journal of the Korea Institute of Military Science and Technology
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• v.3 no.1
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• pp.66-75
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• 2000

The purpose of this study is to develop and illustrate methods of applying trade-off techniques to landing craft air cushion design evaluation. The problem areas of concern are the application of quantitative analytical methods to conceptual design. The interrelationships between composite system measures and selected performance requirements(speed, cruising range, cargo etc.) are analyzed and the expressions for gross weight are developed as functions of performance parameters. Trade-offs of performance parameters in terms of weight are then calculated. The application of these results to evaluation of Require Operational Capabilities are illustrated.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.12 no.12
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• pp.5663-5670
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• 2011

This study performed empirical analyses of the static trade-off theory and the pecking order theory which explain financing behavior of firms. The results of regression analyses using the data of 762 listed non-financing firms on the KOSDAQ market from 2000 to 2010 have shown mixed evidences supporting either the trade-off theory or the pecking order theory. Specifically, as the effective tax rate and the firm size increases, debt ratio increases, which is consistent with the trade-off theory. However as the growth opportunity and the profitability increases, debt ratio decreases, which is consistent with the pecking order theory.

• Korean Journal of Social Welfare
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• v.67 no.4
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• pp.203-226
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• 2015

It is widely accepted that one of the main challenges of the 21st century welfare state is how to harmonize 'Old Welfare, Old Risks' which mostly consists of income maintenance programs with 'New Welfare, New Risks' which actively advances social services. It is in this regard that this paper attempts to define the relationship between the income maintenance programs and social services. For this purpose, it analyses social expenditure of 18 OECD countries during 1980-2006, and subsequently attests, if there is a trade-off relationship between the two, using correlation and Granger panel analysis. It duly concludes that the trade-off relationship between the two is not valid in that the two are better understood as a complementary relationship, not substitute relationship.

• Korea Journal of Hospital Management
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• v.11 no.2
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• pp.61-86
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• 2006

Based on a previous literature about hospital capital structure(Shyam- Sunder & Myers, 1999), this study attempted comparison and analysis on whether the forecast of trade-off and pecking order theory could be validated in hospital's capital structure. First, this study analyzed whether hospitals follow the priority for each capital source as suggested by pecking order theory under lack of capital running in hospital. Next, it analyzed whether debt level is regressed on the average to target debt level so as to verify the validity of trade-off theory. Finally, it also analyzed possible associations between debt level and determinants of capital structure as adopted in static trade-off theory, so as to verify relative advantages of these two theories about hospital capital structure. The analysis over whole period showed that both trade-off theory and pecking order theory isn't supported particularly. This mean that each hospital's financing behaviors is different and that has not dominant financing behaviors. In the midst of separation of dispensary from medical practice, medical institutions in Korea first finances funds required using retained earnings and then use liabilities. however pecking order theory is supported, the preference of long-term liabilities and short-term liabilities is not clear. In addition, considering that debt level is in no average regression to target debt ratio, it is found that hospital capital structure following trade-off theory turns into that subject to pecking order theory via the separation of dispensary from medical practice.

• Health Policy and Management
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• v.16 no.4
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• pp.24-47
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• 2006

Based on the findings of a study focused on medical institutions(Fama & French, 2002), this study determined possible causality between determinants of capital structure and liability level, while estimating targeted debt ratio. Moreover, it also examined hypotheses about the adjustment of targeted debt ratio and the of fundraising patterns, so that it verified the relative priority of trade-off theory and pecking order theory. First, profitability had positive(+) relationships with liability level, while investment opportunities had negative(-) relationships with liability level. This finding supported pecking order theory, and non-liability tax shield effects had negative(-) relationships with liability level as estimated in both trade-off theory and pecking order theory. Next, this study verified trade-off and pecking order theory at once by means of regression analysis about the variation of liability level in associations with disparity from targeted debt ratio and short-term fluctuation of profit and investment. As a result, it was noted that liability level became mean-reversed to targeted liability ratio but slowly, SO it was difficult to assert that such mean reverse may support trade-off theory. However, the finding that most of short-term fluctuations of profit and investment are absorbed into liabilities supported pecking order theory. On the other hand, it was found that the larger scale of medical institutions is more supportive of pecking order theory in the associations between liability level and profitability and the fundraising patterns than trade-off theory.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2020.06a
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• pp.40-41
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• 2020

As the capacity of the 3d scanner developed, the reverse engineering using the 3d scanner is emphasized in the construction industry to obtain the 3d geometric representation of buildings. However, big size of the indoor point cloud data acquired by the 3d scanner restricts the efficient process in the reverse engineering. In order to solve this inefficiency, several pre-processing methods simplifying and denoising the raw point cloud data by the rough standard are developed, but these non-standard methods can cause the inaccurate recognition and removal the key-points. This paper analyzes the correlation between the accuracy of wall recognition and the density of the data, thus proposes the proper method for the raw point cloud data. The result of this study could improve the efficiency of the data processing phase in the reverse engineering for indoor point cloud data.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2011.05a
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• pp.754-756
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• 2011

Most of the sources of security and privacy issues in RFID technology arise from the violation of the air interface between a tag and its reader. This paper will approach the security risk analysis is process from the perspective of the RFID tag life cycle, identify the tag usage processes, identify the associated vulnerability and threat to the confidentiality, integrity and availability of the information assets and its implications for privacy, and then mitigate the risks.

• Proceedings of the Korean Institute of Communication Sciences Conference
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• 2004.11a
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• pp.372-372
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• 2004