• Journal of the Korea Institute of Information Security & Cryptology
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• v.17 no.4
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• pp.61-74
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• 2007

In Common Criteria evaluation scheme, sponsor and evaluator should estimate evaluation cost and duration of IT security system evaluation in contracting the evaluation project. In this paper, We analyzed study result that achieve at 2003 and 2005, and utilized part of study result. And we empirically estimate relative evaluation effort ratios among evaluation assurance levels($EAL1{\sim}EAL7$) in CC v2.3 and CC v3.1. Also, we estimate the ratios from 'developer action elements', adjusted 'content and presentation of evidence elements', and 'evaluator action elements 'for each assurance component. We, especially, use ratio of amount of effort for each 'evaluator action elements', that was obtained from real evaluators in KISA in 2003. Our result will useful for TOE sponsor as well as evaluation project manager who should estimate evaluation cost and duration for a specific EAL and type of TOE, in a new CC v3.1 based evaluation schem.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.4
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• pp.246-252
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• 2017

In the defense acquisition, a company's goal is to maximize profits, and the government's goal is to allocate budgets efficiently. Each year, the government estimates the ratio of indirect cost sector to defense companies, and estimates the ratio to be applied when calculating cost of the defense articles next year. The defense industry environment is changing rapidly, due to the increasing trend of defense acquisition budgets, the advancement of weapon systems, the effects of the 4th industrial revolution, and so on. As a result, the cost structure of defense companies is being diversifying. The purpose of this study is to find an alternative that can enhance the rationality of the current methodology for estimating the ratio of indirect cost sector of defense companies. To do this, we conducted data analysis using the R language on the cost data of defense companies over the past six years in the Defense Integrated Cost System. First, cluster analysis was conducted on the cost characteristics of defense companies. Then, we conducted a regression analysis of the relationship between direct and indirect costs for each cluster to see how much it reflects the cost structure of defense companies in direct labor cost-based indirect cost rate estimates. Lastly a new ratio prediction model based on regularized regression analysis was developed, applied to each cluster, and analyzed to compare performance with existing prediction models. According to the results of the study, it is necessary to estimate the indirect cost ratio based on the cost character group of defense companies, and the direct labor cost based indirect cost ratio estimation partially reflects the cost structure of defense companies. In addition, the current indirect cost ratio prediction method has a larger error than the new model.

• Journal of Intelligence and Information Systems
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• v.23 no.2
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• pp.139-160
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• 2017

Technology commercialization creates effective economic value by linking the company's R & D processes and outputs to the market. This technology commercialization is important in that a company can retain and maintain a sustained competitive advantage. In order for a specific technology to be commercialized, it goes through the stage of technical planning, technology research and development, and commercialization. This process involves a lot of time and money. Therefore, the duration and cost of technology commercialization are important decision information for determining the market entry strategy. In addition, it is more important information for a technology investor to rationally evaluate the technology value. In this way, it is very important to scientifically estimate the duration and cost of the technology commercialization. However, research on technology commercialization is insufficient and related methodology are lacking. In this study, we propose an evaluation model that can estimate the duration and cost of R & D technology commercialization for small and medium-sized enterprises. To accomplish this, this study collected the public data of the National Science & Technology Information Service (NTIS) and the survey data provided by the Small and Medium Business Administration. Also this study will develop the estimation model of commercialization duration and cost of R&D performance on using these data based on the market approach, one of the technology valuation methods. Specifically, this study defined the process of commercialization as consisting of development planning, development progress, and commercialization. We collected the data from the NTIS database and the survey of SMEs technical statistics of the Small and Medium Business Administration. We derived the key variables such as stage-wise R&D costs and duration, the factors of the technology itself, the factors of the technology development, and the environmental factors. At first, given data, we estimates the costs and duration in each technology readiness level (basic research, applied research, development research, prototype production, commercialization), for each industry classification. Then, we developed and verified the research model of each industry classification. The results of this study can be summarized as follows. Firstly, it is reflected in the technology valuation model and can be used to estimate the objective economic value of technology. The duration and the cost from the technology development stage to the commercialization stage is a critical factor that has a great influence on the amount of money to discount the future sales from the technology. The results of this study can contribute to more reliable technology valuation because it estimates the commercialization duration and cost scientifically based on past data. Secondly, we have verified models of various fields such as statistical model and data mining model. The statistical model helps us to find the important factors to estimate the duration and cost of technology Commercialization, and the data mining model gives us the rules or algorithms to be applied to an advanced technology valuation system. Finally, this study reaffirms the importance of commercialization costs and durations, which has not been actively studied in previous studies. The results confirm the significant factors to affect the commercialization costs and duration, furthermore the factors are different depending on industry classification. Practically, the results of this study can be reflected in the technology valuation system, which can be provided by national research institutes and R & D staff to provide sophisticated technology valuation. The relevant logic or algorithm of the research result can be implemented independently so that it can be directly reflected in the system, so researchers can use it practically immediately. In conclusion, the results of this study can be a great contribution not only to the theoretical contributions but also to the practical ones.

• 제어로봇시스템학회:학술대회논문집
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• 2003.10a
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• pp.990-994
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• 2003

When the low cost IMU is used, the result of the stationary self alignment is not suitable for navigation. In this paper, an in-motion alignment method is proposed to obtain an accurate initial attitude of a low cost IMU based GPS/INS integration system. To design Kalman filter for alignment, large heading error model is introduced. And then Kalman filter is designed to estimate initial attitude error as the indirect feedback filter. In order to assess performance of the alignment method, computer simulations are carried out. The simulation results show that initial attitude error rapidly reduces.

• Ocean Systems Engineering
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• v.10 no.2
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• pp.131-161
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• 2020

The objective of this study was to evaluate the downtime cost of side-by-side offloading operations in Malaysian waters. With the help of a numerical time domain tool, the structure and cable response of moored FPSO vessel was simulated for heading and beam sea-states under irregular waves. The weather downtime was assessed by comparing the response under operational wave condition with the pre defined industrial safe offloading criteria. Additionally, two cases of cable failure were simulated for each sea-state. The novel study on downtime cost was presented for three different location of Malaysia subcontinent for which the location specific wave scatter diagram facilitated to estimate the probability of occurrence of operational wave condition. It was concluded that an unpredictable increment in wave height by 0.5 m can significantly impact the production cost.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.42
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• pp.87-98
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• 1997

product to assign objectives for target manufacturing cost on the basis of consumer's function envaluation. The principal purposes of the study include: to improve product differentiation for those products with major usability functions and to prepare effective steps of product concept formulation. Since scant research has been conducted toward the approach suggested above, this study suggests a new method using conjoint analysis for classifying goals of manufacturing costs based on customer's function evaluation. The ultimate goal of this study is to compare and check. The cost estimate for each structure, and eventually to decide target cost values to be reasonably understood by the R&D team.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.15 no.12
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• pp.1028-1034
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• 2003

The objectives of this paper are to study the effect of key parameters on the cycle performance and capacity and to estimate the cost of latent and sensible energy transportation systems. The overall conductance (UA) of each component, the ambient temperature and the absorber inlet temperature are considered the key parameters. It is concluded that COP of the solution transportation using an absorption system (STA) at ambient temperature is 10% higher than that of the conventional sensible system. It is also found that the cost of STA system can be reduced 7.5 times to that of sensible energy transportation for one year of operation with 10 km transportation distance.

• Communications for Statistical Applications and Methods
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• v.15 no.1
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• pp.117-124
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• 2008

The liquidity risk is defined as an additional risk in the market due to the timing and size of a trade. A recent work by Cetin et ai. (2003) proposes a rigorous mathematical model incorporating this liquidity risk into the arbitrage pricing theory. A practical problem arising in a real market application is an estimation problem of a liquidity cost. In this paper, we propose to estimate the liquidity cost function in the context of Cetin et al. (2003) using the constrained least square (LS) method, and illustrate it by analyzing the Kellogg company data.

• Korean Institute of Interior Design Journal
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• no.23
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• pp.68-73
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• 2000

The purpose of this research is to develop interior construction cost-estimating system at the early stage of the project. Though general construction estimates are typically in quantitative, interior construction should be in rather qualitative. Therefore, design-concerned cost-estimating methods should be developed to manage interior projects from the early statge. 30 estimates of VIP-Zone interior projects, were examined to develop the general type of composition and material classification. The cost has been classified by construction parts such as wall, ceiling, floor, and doors & windows and their treatments. The composition and material related estimating system (CMRES) was consisted of the unit average costs of classification and the variation coefficients. The CMRESS was verified by the case study, and the results sowed that the difference between the actual estimate and the CMRES was competitively confident.

• Journal of Korean Institute of Industrial Engineers
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• v.32 no.2
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• pp.104-110
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• 2006

When a new facility such as automobile assembly line is designed, computer simulation is often used to estimate its actual throughput level. If it falls short of the target throughput level, then the design must be modified to increase the throughput capacity. For complex facilities having parallel processes and network of material flows, the modification procedure is not trivial. Even if the capacity of a particular bottleneck process is increased, the target throughput may not be achieved because the bottleneck may move to another process. Furthermore, each process has a different set of options with different cost to increase the capacity. In this study, we present a systematic procedure of determining the cost-effective set of options which achieves the target throughput.