• Journal of Korean Society of Industrial and Systems Engineering
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• v.38 no.1
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• pp.131-142
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• 2015

It is difficult to make an accurate estimate of the economic value and effects on societal economy of Nano-technologies. This research measures an economic value of Nano-technologies quantitatively and analyzes its influences on societal economy. This paper chooses some major industries as analysis targets and adapts the DEFRA comparative methodology model which has been developed in the UK and recommended by OECD. For this reason, some industries which are in range of economic value assessment were investigated and related data were collected. Also, the economic value and societal influences of Nano-technologies were calculated, through the procedure of the model. In addition, this study conducts a questionnaire to experts for the validity of measurement results and procedures. This paper suggests a guideline for economic value and effects on societal economy of Nano-technologies assessments through quantitative Defra comparative methodologies.

• Journal of Korean Institute of Industrial Engineers
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• v.28 no.3
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• pp.274-282
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• 2002

This paper discusses a multi-dimensional analysis for Customer Relationship Management (CRM). For this, We propose a decision-making methodology which employs three analysis models. The first model is a three-dimension positioning map to derive a strategy which achieves the Process Value Line (PVL). The second model is the web-shape analysis model to visibly understand the individual based on the customer CSI (Customer Satisfactory Index) data. The third model which supports the web-shape analysis model, is the relative satisfactory analysis model. It considers a satisfaction level after purchasing against before purchasing. Then we perform overall analysis based on the three analysis models to provide marketing strategies to decision makers.

• New & Renewable Energy
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• v.18 no.2
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• pp.60-72
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• 2022

The environmental, social, and governance (ESG) score is gaining recognition as important nonfinancial investment criteria. With climate change emerging as a global issue, energy companies must pay attention to the ESG impact on corporate performance. In this study, the ESG impact on the performance of energy companies was analyzed based on 23 companies selected from the S&P 500. The panel corrected standard error methodology was used. The Refinitiv ESG score was the independent variable, and financial performance metrics, such as Tobin's Q, return on assets, and return on equity, were the dependent variables. It was found that the ESG score is positively associated with long-term corporate value but not with short-term profitability in the electricity utility industry. Among the subcategories of ESG, the environmental and social scores also showed positive correlations with long-term corporate value. A direct incentive policy is recommended that can offset expenses for ESG activities to reduce carbon emission in the energy sector.

• Plant Journal
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• v.12 no.2
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• pp.36-40
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• 2016

At the contract for power plant construction, the penalty appropriation on performance decrease is signed between ordering organization and construction firm. In this, the penalty cost signed must be reasonable value that both of ordering organization and construction firm can accept, therefore the methodology for penalty appropriation is very important. Cogeneration is a system that produces electricity and heat at the same time, therefore the penalty appropriation for cogeneration should be uncertain. Thermoeconomics analyzes various energy costs, however the relation of thermoeconomics and penalty cost may not be analyzed up to now. The aim of this study demonstrates that thermoeconomics can be applied to the penalty appropriation at the performance acceptance test. As the result of CGAM system, if the construction cost is $10,000,000, the value of $6,665,688 was appropriated to the electricity production performance and the value of $3,334,312 was appropriated to the heat production performance. Therefore if one percentage at the electricity production performance decreases, the penalty is $6,666, and one percentage at the heat production performance decrease, we can understand that the penalty is $3,334.

• Journal of Advanced Navigation Technology
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• v.12 no.4
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• pp.384-391
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• 2008

These days, along with the information society, the value of information has emerged as a powerful factor for a company's development and sustainability, and therefore, the importance of the Information Security and Management System (ISMS) has emerged and become an integral part of all areas of business. In this paper, ISMS evaluation methods from around the world are compared and analyzed with the standards of various management guidelines, definitions, management of threats and vulnerability, approaches to result calculations, and the evaluation calculation indexes for domestic to propose the best method to evaluate the Information Security Management System that will fit the domestic environment.

• Journal of Environmental Impact Assessment
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• v.8 no.2
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• pp.45-51
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• 1999

Emergy concept was used to evaluate the contributions of a dam construction to the real wealth of our economy. A dam that is proposed as a multi-purpose dam was used to illustrate emergy evaluation methodology. Models for emergy evaluation were constructed with energy systems language, a symbolic modeling language which presents network properties of systems holistically. Water supply was the most important contribution in terms of emergy, which reflects that the dam is proposed for stable water supply to a local region. Generation of electricity was the second in emergy benefits of the dam. Emergy costs were more evenly distributed among the costs which would occur as a result of the dam construction. Emergy yield ratio was 1.30 if sediments are not included, and 1.15 if sediments are included, which results in net yield in both cases. The ratio would, however, fall below 1.0 if rare species within the system boundary are lost as a result of the dam construction because of the high emergy value included in biotic species, which means that emergy costs will be greater than emergy benefits. This study illustrated a new methodology in environmental impact assessment to better manage our environments in an age of diminishing resources.

• Preventive Nutrition and Food Science
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• v.13 no.1
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• pp.40-44
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• 2008

Response surface methodology (RSM) was used for analyzing the manufacturing process of Prunus mume extract-added vinegared red pepper paste (maesil chokochujang) with respect to sensory quality properties. Experiments were carried out according to a central composite design, selecting the amount of kochujang, amount of maesil extract, and type of sugar in the mixture as independent variables; sensory attributes such as flavor, taste, color, and mouthfeel viscosity as response variables. The polynomial models developed by RSM for sensory color and mouthfeel viscosity were highly effective to describe the relationships between the factors studied and the responses. The estimated response surfaces confirmed that the amount of kochujang had a positive effect on color (p<0.001) whereas the amount of maesil extract had a positive effect on mouthfeel viscosity (p<0.001). Increase in the amount of kochujang led to a sharp increase of the sensory score on color at all the maesil extract and sugar type levels. On the other hand, increase in the amount of maesil extract caused a sharp increase in the mouthfeel viscosity value regardless of kochujang concentration and type of sugar. The differences among samples made with different types of sugar were not significant (p>0.05).

• Proceedings of the Korean Geotechical Society Conference
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• 2006.03a
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• pp.607-616
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• 2006

More strict construction control of railway roadbeds is demanded in high speed railway system because of heavier repeated dynamic loading than conventional railways. The aim of this study is to propose a compaction control methodology of crushed-rock-soil-fills including as large particles as $200\sim300mm$ in diameter, which are easily encountered in high speed railway roadbed. Field tensity evaluation and in turn compaction control of such crushed-rock-soil-fills are almost impossible by conventional methods such as in-situ density measurements or plate loading tests. The proposed method consists of shear wave measurements of compaction specimens in laboratory and in-situ measurements of fills. In other words, compaction control can be carried out by comparing laboratory and field shear wave velocities using as a compaction control parameter. The proposed method was implemented at a soil site in the beginning and will be expanded to crushed-rock-soil-fills in future. One interesting result is that similar relationship of shear wave velocity and water content was obtained as that of density and water content with the maximum value at the optimum moisture content.

• Korean Journal of Construction Engineering and Management
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• v.7 no.4 s.32
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• pp.177-183
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• 2006

Risk-based estimation has been successfully introduced into the construction industry. By incorporating historical data associated with probability analysis, risk-based estimate is an effective decision support aid in considering whether to launch a particular project. The industry challenges, however, especially related with management issues, such as labor shortage, wage growth, and supply chain complexity, have often resulted in poor cost performance. The insufficient assessing the project characteristics (i.e., resource availability, project complexity, and project delivery method) can be the main reasons in the poor cost performance. Because the accuracy level of cost performance prediction can be enhanced by extensive evaluation of the subject project characteristics, a new approach for predicting cost performance in an earlier stage of a project can improve the Industry substantiality, in other words, value maximization. The purpose of this paper is to develop a new methodology in developing a risk-based estimate tool by incorporating extensive project characteristics. To do this, an extensive industry survey was conducted from both private and public sectors in building industry in Korea. In addition, significant project characteristics were identified in terms of cost performance indicator. Although the data collection is limited to Korean industry the suggested approach provides the industry with a straightforward methodology in risk management. As many researchers maintained that front-end planning efforts are crucial in achieving the successful outcome in building projects, the new method for risk-based estimation can Improve the cost performance as well as enhance the fulfillment in terms of business sustainability.

• Earthquakes and Structures
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• v.9 no.2
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• pp.391-413
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• 2015

Damage of torsionally coupled buildings situated on soil sites has been reported in literature, however no site-specific studies are available for torsionally coupled buildings having site characteristics as a parameter. Effect of torsion is being accounted in seismic codes by the provision of design eccentricity where the dynamic to static eccentricity ratio is a parameter. In this paper, a methodology to determine dynamic to static eccentricity ratio of torsionally coupled buildings has been demonstrated for Delhi region for two torsionally coupled buildings on three soil sites. The variations of average and standard deviations of frame shears for stiff and flexible edges are studied for four eccentricity ratios for the two buildings for the three sites. From the limited studies made, it is observed that the dynamic to static eccentricity ratios observed for site-specific earthquakes are different from Indian seismic code specified value, hence a proposal is made to include a comment in Indian seismic code. Methodology proposed in this paper can be adopted for any region, for the estimation of dynamic to static eccentricity ratio for site specific earthquake.