• Title/Summary/Keyword: Uncertainty Process

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Influence of Communication on Acquired Company Members in the PMI Process : Moderation Effect of the Business Area Consistency between Acquiring and Acquired Company (PMI과정에서 피인수기업 구성원에 대한 의사소통의 영향력 : 인수기업과 피인수기업 간의 사업영역의 일치도의 조절효과)

  • Pan, Xie;Park, Chan-kyun
    • Journal of Venture Innovation
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    • v.6 no.4
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    • pp.113-131
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    • 2023
  • Post-merger integration(PMI) plays a very important role in the success of M&A. Therefore, based on previous studies on PMI, this study discusses the relationship between communication of acquired enterprise members and uncertainty reduction, organizational satisfaction, organizational trust in the PMI process, focusing on the moderating effect of business area consistency between the acquisition and the acquired company. In order to achieve the purpose of this study, the hypothesis of the relationship between variables was established and an empirical analysis was conducted. In order to collect data, a survey was conducted on members of the acquired company in China, and 317 questionnaires were finally collected and used for empirical analysis. For the collected data, the research hypothesis was verified using SPSS 26.0. The results of the study confirmed that communication has a positive effect on the reduction of uncertainty, job satisfaction, and organizational trust perceived by members of the acquired company, and that the consistency in business areas between the acquisition and the acquired company weakens the relationship between communication and uncertainty. In the positive relationship between communication and job satisfaction, organizational trust, the effect of strengthening the moderating variable has not been confirmed, but rather the weakening control effect was found. Based on these findings, the strategy of communicating with the members of the acquired company in the PMI process is meaningful for the success or failure of the merger and provides theoretical and practical implications for proposing differentiated human resources management measures according to M&A type.

The effect of external knowledge search on innovation performance: the moderating effect of knowledge protection and environment uncertainty (외부지식탐색이 기업의 혁신 성과에 미치는 영향: 지식 보호와 환경 불확실성의 조절효과를 중심으로)

  • Kang, Shinhyung;Hwang, JungTae;Park, Sangmoon
    • Knowledge Management Research
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    • v.17 no.3
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    • pp.117-136
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    • 2016
  • External knowledge search is critical to expand the firm's knowledge base, increasing the innovation performance. However, prior literature has paid less scholarly attention on the boundary condition of the search activity. In particular, the few literatures on the contingency factors are either conceptual or focus on the firm characteristics such as resources and capability. In this regard, this study argues the negative moderating effect of knowledge protection and environmental uncertainty of a firm on the positive relationship between external knowledge search and innovation performance, because these contingency factors hamper the reciprocity and the mutual trust between the firm and its external partner that provides knowledge needed in the innovation process. The empirical analysis is based on the sample drawn from Korean Innovation Survey, provided by STEPI in Korea. The sample consists of 1,637 respondent firms that experienced product innovation during the survey period. We could find statistically supporting results for the negative moderating effect on the positive relationship between external knowledge search and innovation performance. This study extends the academic debate on the boundary conditions of external knowledge search and provides managerial implications for successful product innovation.

Application of Evidence Theory for the Evaluation of Mechanical Rock Mass Properties (암반설계정수 산정을 위한 증거이론의 적용)

  • Jung, Yong-Bok;Kim, Tae-Heok;Choi, Yong-Kun;SunWoo, Choon
    • Proceedings of the Korean Geotechical Society Conference
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    • 2005.03a
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    • pp.521-528
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    • 2005
  • The evaluation process of rock mass properties intrinsically contains some uncertainty due to the inhomogeneity of rock mass and the measurement error. Although various empirical methods for the determination of rock mass properties were suggested, there is no way of integrating various information on rock mass properties except averaging. For these reasons, this research introduces evidence theory which can model epistemic uncertainty and yield reasonable rock mass properties through combining various information such as empirical equations, in-situ test results, and so on. Through the application of evidence theory to the real site investigation and in situ experiment results, an interval of deformation modulus, cohesion and friction angle of rock mass were obtained. The ratios between lower and upper bound of those properties ranges from 1.6 to 3.6. Numerical analyses of circular hole using the properties for TYPE-2 rock mass were carried out. The magnitude or size of plastic region and radial displacement in case of lower bound properties is about 4 times larger than that of upper bound properties.

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Design, Fabrication, Static Test and Uncertainty Analysis of a Resonant Microaccelerometer Using Laterally-driven Electrostatic Microactuator (수평구동형 정전 액추에이터를 이용한 금속형 공진가속도계의 설계, 제작, 정적시험 및 오차분석)

  • Seo, Yeong-Ho;Jo, Yeong-Ho
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.25 no.3
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    • pp.520-528
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    • 2001
  • This paper investigates a resonant microaccelerometer that measures acceleration using a built-in micromechanical resonator, whose resonant frequency is changed by the acceleration-induced axial force. A set of design equations for the resonant microaccelerometer has been developed, including analytic formulae for resonant frequency, sensitivity, nonlinearity and maximum stress. On this basis, the sizes of the accelerometer are designed for the sensitivity of 10$^3$Hz/g in the detection range of 5g, while satisfying the conditions for the maximum nonlinearity of 5%, the minimum shock endurance of 100g and the size constraints placed by microfabrication process. A set of the resonant accelerometers has been fabricated by the combined use of bulk-micromachining and surface-micromachining techniques. From a static test of the cantilever beam resonant accelerometer, a frequency shift of 860Hz has been measured for the proof-mass deflection of 4.3${\pm}$0.5$\mu\textrm{m}$; thereby resulting in the detection sensitivity of 1.10${\times}$10$^3$Hz/g. Uncertainty analysis of the resonant frequency output has been performed to identify important issues involved in the design, fabrication and testing of the resonant accelerometer.

Development of On-Line Diagnostic Expert System Algorithmic Sensor Validation (진단 전문가시스템의 개발 : 연산적 센서검증)

  • 김영진
    • Transactions of the Korean Society of Mechanical Engineers
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    • v.18 no.2
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    • pp.323-338
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    • 1994
  • This paper outlines a framework for performing intelligent sensor validation for a diagnostic expert system while reasoning under uncertainty. The emphasis is on the algorithmic preprocess technique. A companion paper focusses on heuristic post-processing. Sensor validation plays a vital role in the ability of the overall system to correctly detemine the state of a plant monitored by imperfect sensors. Especially, several theoretical developments were made in understanding uncertain sensory data in statistical aspect. Uncertain information in sensory values is represented through probability assignments on three discrete states, "high", "normal", and "low", and additional sensor confidence measures in Algorithmic Sv.Upper and lower warning limits are generated from the historical learning sets, which represents the borderlines for heat rate degradation generated in the Algorithmic SV initiates a historic data base for better reference in future use. All the information generated in the Algorithmic SV initiate a session to differentiate the sensor fault from the process fault and to make an inference on the system performance. This framework for a diagnostic expert system with sensor validation and reasonig under uncertainty applies in HEATXPRT$^{TM}$, a data-driven on-line expert system for diagnosing heat rate degradation problems in fossil power plants.

Health Monitoring System (HMS) for structural assessment

  • e Matos, Jose Campos;Garcia, Oscar;Henriques, Antonio Abel;Casas, Joan Ramon;Vehi, Josep
    • Smart Structures and Systems
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    • v.5 no.3
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    • pp.223-240
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    • 2009
  • As in any engineering application, the problem of structural assessment should face the different uncertainties present in real world. The main source of uncertainty in Health Monitoring System (HMS) applications are those related to the sensor accuracy, the theoretical models and the variability in structural parameters and applied loads. In present work, two methodologies have been developed to deal with these uncertainties in order to adopt reliable decisions related to the presence of damage. A simple example, a steel beam analysis, is considered in order to establish a liable comparison between them. Also, such methodologies are used with a developed structural assessment algorithm that consists in a direct and consistent comparison between sensor data and numerical model results, both affected by uncertainty. Such algorithm is applied to a simple concrete laboratory beam, tested till rupture, to show it feasibility and operational process. From these applications several conclusions are derived with a high value, regarding the final objective of the work, which is the implementation of this algorithm within a HMS, developed and applied into a prototype structure.

A Combined Procedure of RSM and LHS for Uncertainty Analyses of CsI Release Fraction Under a Hypothetical Severe Accident Sequence of Station Blackout at Younggwang Nuclear Power Plant Using MAAP3.0B Code

  • Han, Seok-Jung;Tak, Nam-Il;Chun, Moon-Hyun
    • Nuclear Engineering and Technology
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    • v.28 no.6
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    • pp.507-521
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    • 1996
  • Quantification of uncertainties in the source term estimations by a large computer code, such as MELCOR and MAAP, is an essential process of the current Probabilistic safety assessment. The main objective of the present study is to investigate the applicability of a combined procedure of the response surface method (RSM) based on input determined from a statistical design and the Latin hypercube sampling (LHS) technique for the uncertainty analysis of CsI release fractions under a Hypothetical severe accident sequence of a station blackout at Younggwang nuclear power plant using MAAP3. OB code as a benchmark problem. On the basis of the results obtained in the present work, the RSM is recommended to be used as a principal tool for an overall uncertainty analysis in source term quantifications, while using the LHS in the calculations of standardized regression coefficients (SRC) and standardized rank regression coefficient (SRRC) to determine the subset of the most important input parameters in the final screening step and to check the cumulative distribution functions obtained by RSM. Verification of the response surface model for its sufficient accuracy is a prerequisite for the reliability of the final results that can be obtained by the combined procedure proposed in the present work.

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A Review of the Observation-based Framework for the Study of Aerosol-Cloud-Precipitation Interactions (CAPI) (에어로솔-구름-강수 상호작용 (CAPI) 연구를 위한 관측 방법론 고찰)

  • Kim, Byung-Gon
    • Atmosphere
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    • v.22 no.4
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    • pp.437-447
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    • 2012
  • There is still large uncertainty in estimating aerosol indirect effect despite ever-escalating efforts and virtually exponential increase in published studies concerning aerosol-cloud-precipitation interactions (CAPI). Probably most uncertainty comes from a wide range of observational scales and different platforms inappropriately used, and inherent complex chains of CAPI. Therefore, well-designed field campaigns and data analysis are required to address how to attribute aerosol signals along with clouds and precipitation to the microphysical effects of aerosols. Basically, aerosol influences cloud properties at the microphysical scales, "process scale", but observations are generally made of bulk properties over a various range of temporal and spatial resolutions, "analysis scale" (McComiskey & Feingold, 2012). In the most studies, measures made within the wide range of scales are erroneously treated as equivalent, probably resulting in a large uncertainty in associated with CAPI. Therefore, issues associated with the disparities of the observational resolution particular to CAPI are briefly discussed. In addition, the dependence of CAPI on the cloud environment such as stability and adiabaticity, and observation characteristics with varying situations of CAPI are also addressed together with observation framework optimally designed for the Korean situation. Properly designed and observation-based CAPI studies will likely continue to accumulate new evidences of CAPI, to further help understand its fundamental mechanism, and finally to develop improved parameterization for cloud-resolving models and large scale models.

Multiobjective R&D Investment Planning under Uncertainty (불확실한 상황하에서의 다복적 R & D 투자계획수립에 관한 연구-최적화 기법과 계층화 분석과정의 통합접 접근방안을 중심으로-)

  • 이영찬;민재형
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.2
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    • pp.39-60
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    • 1995
  • In this paper, an integration of stochastic dynamic programming (SDP), integer goal programming (IGP) and analytic hierarchy process (AHP) is proposed to handle multiobjective-multicriteria sequential decision making problems under uncertainty inherent in R & D investment planning. SDP has its capability to handle problems which are sequential and stochastic. In the SDP model, the probabilities of the funding levels in any time period are generated using a subjective model which employs functional relationships among interrelated parameters, scenarios of future budget availability and subjective inputs elicited from a group of decision makers. The SDP model primarily yields an optimal investment planning policy considering the possibility that actual funding received may be less than anticipated one and thus the projects being selected under the anticipated budget would be interrupted. IGP is used to handle the multiobjective issues such as tradoff between economic benefit and technology accumulation level. Other managerial concerns related to the determination of the optimal project portifolio within each stage of the SDP model. including project selection, project scheduling and annual budget allocation are also determined by the IGP. AHP is proposed for generating scenario-based transformation probabilities under budgetary uncertainty and for quantifying the environmental risk to be considered.

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Correlation between chloride-induced corrosion initiation and time to cover cracking in RC Structures

  • Hosseini, Seyed Abbas;Shabakhty, Naser;Mahini, Seyed Saeed
    • Structural Engineering and Mechanics
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    • v.56 no.2
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    • pp.257-273
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    • 2015
  • Numerical value of correlation between effective parameters in the strength of a structure is as important as its stochastic properties in determining the safety of the structure. In this article investigation is made about the variation of coefficient of correlation between effective parameters in corrosion initiation time of reinforcement and the time of concrete cover cracking in reinforced concrete (RC) structures. Presence of many parameters and also error in measurement of these parameters results in uncertainty in determination of corrosion initiation and the time to crack initiation. In this paper, assuming diffusion process as chloride ingress mechanism in RC structures and considering random properties of effective parameters in this model, correlation between input parameters and predicted time to corrosion is calculated using the Monte Carlo (MC) random sampling. Results show the linear correlation between corrosion initiation time and effective input parameters increases with increasing uncertainty in the input parameters. Diffusion coefficient, concrete cover, surface chloride concentration and threshold chloride concentration have the highest correlation coefficient respectively. Also the uncertainty in the concrete cover has the greatest impact on the coefficient of correlation of corrosion initiation time and the time of crack initiation due to the corrosion phenomenon.