• Journal of Korea Society of Digital Industry and Information Management
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• v.15 no.1
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• pp.9-20
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• 2019

Korea's R&D investment has significantly increased in recent years. However, the efficiency of R&D investment is still in question. In order to examine the ways to improve the efficiency of R&D investment, this paper presents dynamic analysis on both quantitative and qualitative efficiency of R&D projects. A Data Envelopment Analysis(DEA)/Window method is used to analyze static and dynamic efficiencies of Industrial Material R&D projects in Korea from 2012 to 2016. As a result, statistically significant differences between quantitative and qualitative efficiency have been found. It has been observed that characteristics of Decision Making Units(DMUs) have an impact on both static and dynamic efficiencies. In particular, textile and ceramic projects showed relatively stable qualitative efficiency for a short-term perspective, while steel and chemical projects showed such stability for a long-term perspective. Among the types of project principals, universities showed relatively stable efficiency, compared with private sectors and research institutes. The results of this paper can be used as a guideline to manage the performance and stability of R&D projects' efficiency.

• Journal of Korean Institute of Industrial Engineers
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• v.42 no.2
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• pp.138-150
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• 2016

This study aims to analyze the structure and characteristics of the domestic online game industry using network analysis. In particular, two-mode network analysis is employed to measure the network structure, centrality, and cluster for two types of online game platforms, online games and mobile games, from 1996 to 2014. We also conduct a dynamic analysis to capture the structural changes in the ecosystem by internal and external environmental changes before and after turning point for each online game platform. It is revealed that the online game econsystem has the higher number of clusters and higher concentration ratio than those of mobile game ecosystem. In dynamic analysis, both platforms exhibit similar trends over time with the increasing number of clusters, enlargement of largest cluster's size, and decreasing concentration ratio. This study is expected to provide fruitful implications for strategic decision making of online game companies and policy making for the online game industry.

• Korean Journal of Organic Agriculture
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• v.30 no.2
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• pp.151-170
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• 2022

The demand for commercial kimchi has increased continuously for the past 20 years due to the increase in eating out demand. Although Korean kimchi industry has expanded significantly, it is still small and a large portion of domestic demand is dependent on Chinese kimchi. Chinese kimchi imports has markedly increased over the last 20 years. However, kimchi imports from China in 2021 significantly reduced due to the recently released video showing a naked man making Kimchi. Korean government has decided to apply HACCP to all imported Kimchi from October 2021 in order to improve the safety of imported kimchi. This study analyzed the effect of changes in the amount of kimchi imports due to the introduction of HACCP on the kimchi industry by using a dynamic partial equilibrium model. According to the analysis result, if imports decreased by 20% compared to the Baseline, domestic kimchi production increased from 1.8% to a maximum of 4.8%, but kimchi consumption decreased from 3.1% to 5.2%. In particular, consumption away from home decreased from 3.3% to 5.7%. It is expected that the results of this study would be used as useful data in the decision-making process of market participants and policy makers related to the kimchi industry.

• KDI Journal of Economic Policy
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• v.28 no.1
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• pp.117-144
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• 2006

This study is to analyze the existence of the real buffer effect that reflects the effect of beginning-of-period inventory stocks effect on the demand for fixed investment, and the financial buffer effect indicates the substitution effect between end-of-period inventory stock and the source of financing for fixed investment. I use panel data of 361 Korean listed non-financial firms during 1990-2003. After the crisis, it also observed whether the relationship between inventory stocks and fixed investment has altered or not. I review the theoretical connection between inventory stock and fixed investment through the paper by Bo(2004) and estimate the investment model by the method of GMM-SYS. The results show negative relation between end-of-period inventory stock and fixed investment in the whole period and each period classified, also it confirms that the relation between fixed investment and end-of-period investment is significantly negative. It can be interpreted through two aspects that firms not only use inventory stock as a buffer in response to unexpectedly high demand, but also utilize inventory stock as a source of financing for fixed investment. The results imply that firm's decision-making is much correlated with production-and-inventory stock adjustment, decision-making about fixed investment, and decision-making about financial affairs.

• Journal of the Korean Institute of Landscape Architecture
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• v.51 no.5
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• pp.30-43
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• 2023

Green infrastructure(GI) is considered a key strategy in establishing sustainable communities. However, research on GI from the perspective of urban system dynamics and resilience lacks depth, as does its integration with physical design. This research addresses two primary causes. First, there is a gap in methods between existing GI planning, which considers static variables, and urban modeling research, which addresses dynamic variables. Second, there is a gap in information between landscape design and urban modeling research. To address these issues, this study proposes an integrated modeling approach in consideration of design decision-making. By combining the LEAM model and MCDA model, this study evaluates the relationship between GI services and socioeconomic growth, while spatially forecasting the geographies of GI demand in 2050. The resulting information reveals a potential degradation in ecosystem services over the region due to Chicago's sub-urbanization. This indicates that there would be a spatial shift in GI demand, emphasizing the need for comprehensive, dynamic GI strategies. This study further discusses the applications of evidence-based design in a studio environment. This study aims to contribute to the GeoDesign literature in terms of the creation of a more resilient urban environment by facilitating efficient evidence-based decision-making.

• Steel and Composite Structures
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• v.37 no.4
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• pp.493-501
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• 2020

The paper describes an optimization method based on the mathematical model of interaction within multibody 'bridge-track-cars" dynamic system. The interaction is connected with considerable dynamic phenomena influenced by high traffic speed (up to 400 km/h) on high-speed railroads. The trend analysis of a structure is necessary to determine the direction and resource of optimizing the system. Thus, scientific methods of decision-making process are necessary. The process requires a great amount of information analysis dealing with behavior and changes of the "bridge-track-cars system" that consists of mechanisms and structures, including transitions. The paper shows the algorithm of multi-criteria optimization that can essentially reduce weight of a bridge superstructure using big data analysis. This reduction is carried out in accordance with the constraints that have to be satisfied in any case. Optimization of real steel-concrete beam is exemplified. It demonstrates possibility of measures that are offered by the algorithm.

• Korean System Dynamics Review
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• v.5 no.2
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• pp.199-216
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• 2004

The present study is aimed at developing the optimal instruments for dispelling the uncertainty factors during the formulation of strategies for corporate development. The objective is the creation of a complete model of strategic analysis, which encompasses both the environment (internal and external) and the management rational component. This model -built on the analysis of three corporate cases - is concretized by a simulation for testing the strategy by the means of software which enables the users to cope with a dynamic and complex corporate environment. The research questions regard the development of a complete strategic analysis, which covers the entire decision-making process; the concrete assessment of the business strategy on the basis of quantitative data: the identification and enhancement of the critical variables of business administration, in such a complex and dynamic reality as the corporate environment.

• International Journal of Aeronautical and Space Sciences
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• v.12 no.2
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• pp.163-174
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• 2011

Task assignments of multiple unmanned aerial vehicles (UAVs) are examined. The phrase "task assignment" comprises the decision making procedures of a UAV group. In this study, an on-line decentralized task assignment algorithm is proposed for an autonomous UAV group. The proposed method is divided into two stages: an order optimization stage and a communications and negotiation stage. A genetic algorithm and negotiation strategy based on one-to-one communication is adopted for each stage. Through the proposed algorithm, decentralized task assignments can be applied to dynamic environments in which sensing range and communication are limited. The performance of the proposed algorithm is verified by performing numerical simulations.

• Journal of Korean Institute of Industrial Engineers
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• v.31 no.4
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• pp.341-348
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• 2005

This paper is concerned with the question of servicing warranties for repairable items. During the warranty period, each time an item fails the manufacturer has the obligation to restore the item to operational condition either by repairing the item or by replacing it with a new item. In this paper, we consider repair-replacement strategies based on the condition of the failed item. For products with phase-type lifetime distributions where the phases represent the condition of the item, we develop algorithms to determine the expected cost of servicing a warranty and use it in making the repair-replacement decision. Illustrative numerical examples are presented. We also propose a dynamic strategy by taking the expected remaining warranty cost into consideration.

• Journal of Advanced Marine Engineering and Technology
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• v.24 no.2
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• pp.90-96
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• 2000

The technology of preventive maintenance and corrective maintenance is widely applied to ships in order to maintain the good voyageable condition. One of the most important fields of marine engineering is to seek the maximum availability and to solve the stochastic maintenance problem such that the cost for corrective maintenance is minimized. Accordingly, for the purpose of making the most suitable maintenance schedule which minimizes the expected cost function, this paper suggests the method to grasp the failure characteristics by the ship's maintenance data that are collected from the past. And, suggests the method to estimate the optimal maintenance interval by using the dynamic programming and the cumulative hazard rate function attained from the maintenance data.