• Title/Summary/Keyword: empirical ratio

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Analysis of Technology Value Strategy using Technology Valuation System (기술가치 평가시스템을 이용한 기술가치 전략 분석)

  • Kwon, Bang-Hyun;Whang, Kyu-Seung
    • Information Systems Review
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    • v.5 no.1
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    • pp.129-146
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    • 2003
  • Increasing number of transactions and investments in technology has sparked a growing interest in technology valuation. However, it has not been easy to come up with an objective valuation of technology due to variance in technology value and specialty of technology valuation. The main objective of this paper lies in the development of a new system for technology valuation, Web-based Interactive Technology Valuation (WITV) system, which valuate the technology and analyze the technology value strategy. WITV system uses the Technology Valuation Attractiveness Model (TVAM). TVA is composed of the Intrinsic Value of Technology (IVT) and the Extrinsic Value of Technology (EVT). This paper experiment the feasibility of the TVA Model and WITV System by conducting an empirical study on small & medium sized manufacturing companies in IT industry, registered on KOSDAQ. In this study, the potential value is defined as the technology value. It is represents the expected profit appraised by the market under the competitiveness of technology and the growth of the market. TVA is measured as the index to forecast the Price-to-Book value Ratio (PBR), which is the proxy variable for the potential value of the technology. The results identify the feasibility of the TVAM through a high correlation between the TVA and the PBR.

Burkholderia Cepacia Causing Nosocomial Urinary Tract Infection in Children

  • Lee, Ki Wuk;Lee, Sang Taek;Cho, Heeyeon
    • Childhood Kidney Diseases
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    • v.19 no.2
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    • pp.143-147
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    • 2015
  • Purpose: Burkholderia cepacia is an aerobic, glucose-non-fermenting, gram-negative bacillus that mainly affects immunocompromised and hospitalized patients. Burkholderia cepacia has high levels of resistance to many antimicrobial agents, and therapeutic options are limited. The authors sought to analyze the incidence, clinical manifestation, risk factors, antimicrobial sensitivity and outcomes of B. cepacia urinary tract infection (UTI) in pediatric patients. Methods: Pediatric patients with urine culture-proven B. cepacia UTI between January 2000 and December 2014 at Samsung Medical Center, a tertiary referral hospital in Seoul, Republic of Korea, were included in a retrospective analysis of medical records. Results: Over 14 years, 14 patients (male-to-female ratio of 1:1) were diagnosed with B. cepacia UTI. Of 14 patients with UTI, 11 patients were admitted to the intensive care unit, and a bladder catheter was present in 9 patients when urine culture was positive for B. cepacia. Patients had multiple predisposing factors for UTI, including double-J catheter insertion (14.2%), vesico-ureteral reflux (28.6%), congenital heart disease (28.6%), or malignancy (21.4%). Burkholderia cepacia isolates were sensitive to piperacillin-tazobactam and sulfamethoxazole-trimethoprim, and resistant to amikacin and colistin. Treatment with parenteral or oral antimicrobial agents including piperacillin-tazobactam, ceftazidime, meropenem, and sulfamethoxazole-trimethoprim resulted in complete recovery from UTI. Conclusion: Burkholderia cepacia may be a causative pathogen for nosocomial UTI in pediatric patients with predisposing factors, and appropriate selection of antimicrobial therapy is necessary because of high levels of resistance to empirical therapy, including aminoglycosides.

A Study on the Computer-Aided Design of Dies for Hot Extrusion of Structural Shapes from Aluminum Alloys (알루미늄합금 형재의 열간압출 금형설계 자동화에 관한 연구)

  • Choe, Jae-Chan;Kim, Byeong-Min;Lee, Jin-Hui;Jo, Hae-Yong;Lee, Jong-Su;Hong, Seong-Seok;Jo, Nam-Chun
    • Journal of the Korean Society for Precision Engineering
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    • v.7 no.3
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    • pp.26-36
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    • 1990
  • This paper describes the Computer Aided Design (CAD) of dies for direct hot extrusion of structural shapes such as Z's and U's from aluminum alloys. A simple analysis of the direct extrusion process is developed and used to formulate a disign procedure for determining the optimal shape of the extrusion dies. A computer software system has been developed to design flat-faced dies for non-lubricated hot extrusion process. This software is a system of computer programs which are written to logical design procedure. Computer programs are based on empirical and analytical relationships, as well as on established knowledge based system. In the interactive mode of operation, the reaults at various tages of the design process are plotted on a screen. At any stage, the designer can interact with the computer to change or modify the design, based on his experience. The output from the program is (a) the design of the flat-faced die, (b) information on extrusion load, reduction ratio, and other process variables, etc. The implementation of this CAD system is expected to (a) provide scientific basis and rationalize the die design procedure, (b) optimize extrusion variables to maximize yield and production rate, (c) improve utilization of existing press capacity, etc.

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Estimating Confidence Interval of Value of Travel Time(II) (통행시간가치의 신뢰구간 추정(II))

  • 조종래;박철규
    • Journal of Korean Society of Transportation
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    • v.17 no.2
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    • pp.193-198
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    • 1999
  • An asymptotic distribution of the ratio of two normal vectors is estimated. Using the estimated asymptotic distribution, an approximation method to estimate confidence interval of passenger's value of travel time is proposed. As a result of empirical study the 95% confidence interval of value of travel time of home-to-work trips in city of Seoul is estimated at ₩7341.25$\pm$1945.05/hr.

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A Length-based File Fuzzing Test Suite Reduction Algorithm for Evaluation of Software Vulnerability (소프트웨어 취약성 평가를 위한 길이기반 파일 퍼징 테스트 슈트 축약 알고리즘)

  • Lee, Jaeseo;Kim, Jong-Myong;Kim, SuYong;Yun, Young-Tae;Kim, Yong-Min;Noh, Bong-Nam
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.23 no.2
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    • pp.231-242
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    • 2013
  • Recently, automated software testing methods such as fuzzing have been researched to find software vulnerabilities. The purpose of fuzzing is to disclose software vulnerabilities by providing a software with malformed data. In order to increase the probability of vulnerability discovery by fuzzing, we must solve the test suite reduction problem because the probability depends on the test case quality. In this paper, we propose a new method to solve the test suite reduction problem which is suitable for the long test case such as file. First, we suggested the length of test case as a measure in addition to old measures such as coverage and redundancy. Next we designed a test suite reduction algorithm using the new measure. In the experimental results, the proposed algorithm showed better performance in the size and length reduction ratio of the test suite than previous studies. Finally, results from an empirical study suggested the viability of our proposed measure and algorithm for file fuzzing.

Research on the technical development by the CAD/CAM System (CAD/CAM시스템을 이용한 기술개발에 대한 연구 (워엄기어 개발을 중심으로))

  • Jeong, Seon-Mo
    • Journal of the Korean Society for Precision Engineering
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    • v.3 no.3
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    • pp.40-71
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    • 1986
  • By developing a computer program for the systematic design of worm gears, the design formulae and tables of AGMA, JGMA, BS and DIN are analized and compared. The computer program can be used on micro-computers. According to the input data of the reduction ratio, the center distance. the driving torque and the material as design parameters, the program calculate the most efficient worm gear dimension. The variation of the design parameters and other empirical coefficients in case of resulting an inadequate design gear dimension can be easily modified throuth the way of interactive method between the user and the monitoring system of computer. A proposal of the standardization of worm gears was made in which a standard module according to the DIN 323 standard series number was applied. For the more exact and effective calculation of the stress concentration and the deformation of gear teeth, a computer program using the boundary element method is also developed. Even the strength of the special gear shape such as Niemann's "Cavex" gear can be calculated in a short CPU-time. The most effort of this study has been layed on the developing a computer program for the correction of a tooth profile and face width which is most important design factor for an exact and wide teeth contacts under loads, especially by great and wide gears. For this purpose were investigated the tooth stiffness, the mesh interferences and the kinematics and the dynamics of gear mesh. The deflection and the deformation of the gear shaft due to the loads acting on gear and shaft were aslo considered. Some examples have shown the sufficient good status of teeth contact in which the correction of the tooth profile and face width were accomplished due to the calculated results.d results.

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Analysis of Travel Modal Choice and the Temporal Transferability for Workers (취업자의 1일 통행수단선택 분석 및 모형의 시간이전성 검토)

  • 김대웅;배영석;이명미
    • Journal of Korean Society of Transportation
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    • v.17 no.5
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    • pp.19-32
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    • 1999
  • In this study, the trip characteristics of workers in the city are systematically analyzed. The trip behaviors and socioeconomic characteristics of workers are analyzed using Person Trip Survey Data of 1988 and 1992 in Taegu Metropolitan area. With the results of behavioral analyses, the daily travel pattern of workers is shown as one tour contained two trips and it is relatively simple and stable. Also the rate using the same mode in a day is Presented as high ratio. So, it can be explained that the choice of worker\`s first trip is fixed his/her travel mode for his/her daily travel mode. Based on these analyses, the mode choice model for workers is developed by applying the Multi-nominal Logit Model with the choice set of bus, taxi, and car. The explanatory variables of this model include sex, age, auto, travel time, and cost. Empirical tests of the model show encouraging results. After that, the temporal transferability of the model is examined by the Pairwise t-test and five indexes far the model of 1988 and 1992. The results of examination are satisfied with each significance level of the explanatory variables and five indexes. Therefore. it can be concluded that the temporal transferability of this model developed in this study is resonable.

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The SMEs' Innovation Capacity, Standardization Education, and Performance: Empirical Evidence from the ICT and Electronics Industries (중소기업의 혁신역량, 표준화 교육활동 및 혁신성과의 관계: 정보통신 및 전기전자 산업을 중심으로)

  • Noh, Yonghwi
    • Journal of Technology Innovation
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    • v.23 no.3
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    • pp.67-85
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    • 2015
  • This study investigates the relationships among SMEs' innovation capacity, standardization education activities, and performances. Employing about 900 SMEs in the ICT and electronics electricity industries, this study used regression analysis and examined the effects of standardization education activities on performance and the moderating effect of innovation capacity. The results indicate that standardization education activities positively affect SMEs' production and quality improvement and R&D activity improvement. The results also show that R&D investment ratio moderates the relationship between standardization education and production and quality improvement. This study provides practical insight into why firm managers should pay attention to standardization education and innvation capacity to improve firm performance.

The Development of the Korean Medical Insurance Economic Index(MIEI) (의료보험 수가수준의 조정을 위한 의료보험경제지수 (Medical Insurance Economic Index: MIEI)의 개발)

  • 김한중;손명세;박은철;최귀선;박웅섭;임종건;지영건
    • Health Policy and Management
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    • v.9 no.1
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    • pp.156-177
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    • 1999
  • The current method of rate adjustment for inflation is based on the evaluation of the financial performance of hospitals. The method has the disadvantage such as too complicated, expensive process as well as low reliability. This study, therefore, develops the 'Korean Medical Insurance Economic Index(MIEI)' as a new model for the rate adjustment with the use of the macro economic indices. In addition, we calculate the 1992∼1998 rate adjustment with the MIEI, and examines the validity of the MIEI by comparing with the conventional method. Medical costs are classified into nine categories : physician salaries, nurse·pharmacist·medical technician salaries, assistants & others salaries, material cost(by imports), material cost(by domestics), depreciation & rent paid(by imports), depreciation & rent paid(by domestics), power utilities, other administrative costs. Then the category weight which is the ratio of category in the total cost is calculated. Macro economic indices are selected for each cost category in order to reflect the concept of the each cost category and inflation during the year of 1992∼1998. Finally MIEI which integrate all category according to the category weight and selected macro indices is calculated. The mean of hospital MIEI which weighting by amount paid by insurers was cacluated. The result from the application of empirical data to the MIEI model is very similar to that of the current method. Furthermore, this method is very simple and also easy to get social consensus. This MIEI model can be replaced the current method based on the analysis of the financial performance for the adjustment of medical fees.

Empirical Research on Performance of SCM Adoption - Structural Equation Modeling Approach - (SCM 시스템 도입성과에 관한 실증적 연구 - 구조방정식모형 접근 -)

  • Park, Kwang-Oh
    • The Journal of the Korea Contents Association
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    • v.12 no.3
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    • pp.295-310
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    • 2012
  • The purpose of this research is to examine qualitative and quantitative performance on SCM. To validate our research model, five hundred survey questionnaires were distributed to the companies that have implemented SCM systems for at least one year. A total of 153 valid responses were obtained. In this research, we were to derive influencing factors of SCM performance, modelize the mutual influential relationship between them, and look into the influential relationship influencing the SCM performance. Moreover, we tried to analyze difference of financial ratios after adopting SCM. The results of the research can be summarized as follows. Change management had a significant impact on information system quality and SCM performance, and, information system quality had a significant impact on SCM performance. And, the difference of financial ratio was existed after the adopting SCM. Moreover, inventory turnover rates, ROI, ROA were increased, and labor costs to sales was decreased.