• Title/Summary/Keyword: uncertainty factor

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The Impacts of External and Internal Environmental Factors on External Collaboration-From the Perspective of Foreign Direct Investment (기업환경요인이 협력활동에 미치는 영향에 관한 실증연구 -해외직접투자 여부에 따른 비교-)

  • Lee, Seung A
    • The Journal of the Korea Contents Association
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    • v.18 no.1
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    • pp.132-142
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    • 2018
  • This study attempts to identify the external and internal factors which affect collaboration motives and investigates their respective impacts from the perspective of foreign direct investment(FDI). Although there has been much research on collaboration motives, so far, few studies have associated collaboration motives with FDI. The findings suggest that while price competitiveness and cost structure uncertainty have a positive and significant impact on collaboration motives, the gross added value to property as well as plant and equipment have a significant negative impact. Furthermore, in the case of gross added value to both property and plant and equipment, managers tend to collaborate with others to enhance the value of these factors. For both FDI and non-FDI firms, internal factors such as price competitiveness and investment within three years are significant determinants for the decision to collaborate. The difference between FDI and non-FDI firms is that for the former, the gross added value to property, an internal factor, is a critical factor, while for the latter, the cost structure uncertainty, an external factor, is critical for collaboration. To summarize, this study suggests the following managerial implication: the enhancement of the internal competency of a firm broadens the window of opportunity for collaboration with others, and consequently provides a chance to boost management efficiency.

The Influence of Transaction Cost Approach Factor on Channel Loyalty (거래비용접근방법 불확실성요인과 거래관계성이 채널 충성도에 미치는 영향에 관한 연구)

  • Lee, Ji-eun
    • Management & Information Systems Review
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    • v.33 no.2
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    • pp.281-299
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    • 2014
  • This study using a transaction cost approach perspective, this paper presents a model for understanding shopper's buying behavior. Finally, based on the results of these studies, this paper suggests practical implications to companies establishing their management strategy of the channels. In order to achieve the research purpose, it derived hypotheses from the literature studies and conducted questionnaire survey for the buyer who actually purchased by distribution channels. In this paper, 876 of the samples has been used in practice and with those samples it analyzes its empirical testing through reliability verification, validation, factor analysis, correlation analysis and covariance structure analysis.

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Calibration of Frequency Response for a Sampling Oscilloscope (샘플링 오실로스코프의 주파수 응답특성 교정)

  • Cho, Chihyun;Lee, Dong-Joon;Lee, Joo-Gwang
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.29 no.5
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    • pp.344-352
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    • 2018
  • We herein propose a calibration method for a sampling oscilloscope. The proposed method can correct the systematic errors in the oscilloscope such as time-based distortion and impedance mismatch. In addition, it can accurately estimate the residual jitter that remains after a time-based correction and the scale factor that varies in accordance with the setting of the pulse generator. The proposed method is validated thorough the comparison and verification with the power meter, and the uncertainty of the measurement method is analyzed.

Declining Fixed Investment and Increasing Financial Investment of Korean Corporations

  • Kim, Daehwan;Kwon, Sunhee;Ryou, Jai-Won
    • East Asian Economic Review
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    • v.23 no.4
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    • pp.353-379
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    • 2019
  • This paper aims to determine factors causing the stagnation of Korean firms' fixed investment after the global financial crisis, using panel data for the period of 1999-2016. Fixed investment remained sensitive to cash flow and Tobin's q although their effects decreased after the global financial crisis. A decreasing trend of cash flow and an increase in Tobin's q since the early 2000's imply that the worsening cash flow was a major factor behind the sluggish investment after the crisis. Meanwhile, debt-equity ratio remained significant for non-chaebol affiliated firms, reflecting disparity in access to external financing. Volatility of stock returns also became insignificant after the crisis, casting doubt on the argument that uncertainty was a major factor contributing to the decline of fixed investment. Analysis of financial investment confirmed the significant effect of cash flow, larger than that on financial investment than on fixed investment. In particular, debt repayment and other financial investment, except share repurchase, were sensitive to cash flow. However, the substitution of fixed investment by financial investment is a consequence, rather than a cause of declining fixed investment.

Effect of hydraulic distribution on the stability of a plane slide rock slope under the nonlinear Barton-Bandis failure criterion

  • Zhao, Lian-Heng;Cao, Jingyuan;Zhang, Yingbin;Luo, Qiang
    • Geomechanics and Engineering
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    • v.8 no.3
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    • pp.391-414
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    • 2015
  • In this paper, stabilities of a plane slide rock slope under different hydraulic distributions were studied based on the nonlinear Barton-Bandis (B-B) failure criterion. The influence of various parameters on the stability of rock slopes was analyzed. Parametric analysis indicated that studying the factor of safety (FS) of planar slide rock slopes using the B-B failure criterion is both simple and effective and that the effects of the basic friction angle of the joint (${\varphi}_b$), the joint roughness coefficient (JRC), and the joint compressive strength (JCS) on the FS of a planar slide rock slope are significant. Qualitatively, the influence of the JCS on the FS of a slope is small, whereas the influences of the ${\varphi}_b$ and the JRC are significant. The FS of the rock slope decreases as the water in a tension crack becomes deeper. This trend is more significant when the flow outlet is blocked, a situation that is particularly prevalent in regions with permafrost or seasonal frozen soil. Finally, the work is extended to study the reliability of the slope against plane failure according to the uncertainty from physical and mechanics parameters.

MEAN LOAD EFFECT ON FATIGUE OF WELDED JOINTS USING STRUCTURAL STRESS AND FRACTURE MECHANICS APPROACH

  • Kim, Jong-Sung;Kim, Cheol;Jin, Tae-Eun;Dong, P.
    • Nuclear Engineering and Technology
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    • v.38 no.3
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    • pp.277-284
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    • 2006
  • In order to ensure the structural integrity of nuclear welded structures during design life, the fatigue life has to be evaluated by fatigue analysis procedures presented in technical codes such as ASME B&PV Code Section III. However, existing fatigue analysis procedures do not explicitly consider the presence of welded joints. A new fatigue analysis procedure based on a structural stress/fracture mechanics approach has been recently developed in order to reduce conservatism by erasing uncertainty in the analysis procedure. A recent review of fatigue crack growth data under various mean loading conditions using the structural stress/fracture mechanics approach, does not consider the mean loading effect, revealed some significant discrepancies in fatigue crack growth curves according to the mean loading conditions. In this paper, we propose the use of the stress intensity factor range ${\Delta}K$ characterized with loading ratio R effects in terms of the structural stress. We demonstrate the effectiveness in characterizing fatigue crack growth and S-N behavior using the well-known data. It was identified that the S-N data under high mean loading could be consolidated in a master S-N curve for welded joints.

A performance-based design method for chloride-induced cover cracking of RC structures

  • Yang, Dong-Hui;Yi, Ting-Hua;Li, Hong-Nan
    • Computers and Concrete
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    • v.20 no.5
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    • pp.573-582
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    • 2017
  • Chloride-induced cover cracking will aggravate the performance deterioration for RC structures under the chlorideladen environment, which may endanger the safety of structures and occupants. Traditional design method cannot ensure that a definite performance is satisfied. To overcome the defects, a study on the performance-based design method was carried out in this paper. Firstly, the limit state functions were established for the corrosion initiation and cover cracking. Thereafter, the uncertainty analysis was performed to study the effects of random factors on the time-dependent performances. Partial factor formulae were deduced through the first-order reliability method for performance verification. Finally, an illustrative example was presented and the sensitivity of cover depth to other parameters was carried out. It is found that the uncertainties of the random variables have great effects on the required cover depth. It is demonstrated that the performance-based design method can ensure that the target performance can be satisfied and support to formulate a rational maintenance and repair strategy for RC structures under the chloride environment.

Application of Motivation-Hygiene Theory and Kano Model to Investigate Dimensionality of Consumers' Satisfaction and Dissatisfaction with Social Commerce (동기위생이론과 Kano 모델을 적용한 소셜커머스의 만족과 불만족 차원 연구)

  • Gao, Yan;Lee, Hyun-Hwa
    • Journal of the Korean Society of Clothing and Textiles
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    • v.38 no.3
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    • pp.355-371
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    • 2014
  • The present study investigated the dimensionality of satisfaction and dissatisfaction as well as evaluated the effects of social commerce characteristics on satisfaction and dissatisfaction. The conceptual framework of the study was built on Herzberg's motivation-hygiene Theory and the Kano Model. We gathered 519 data by social commerce users through an online survey and used SPSS 20.0 for the analysis. The findings showed that satisfaction and dissatisfaction are two distinct constructs; in addition, nine characteristics of social commerce were derived from factor analysis. Among the nine factors of social commerce characteristics, diversity had a positive influence only on satisfaction and uncertainty had only a positive impact on dissatisfaction; however, price discount, product quality and transaction safety, influenced both satisfaction and dissatisfaction. There were several factors that had no significant influence on both satisfaction and dissatisfaction. The findings of the study support Herzberg's motivation-hygiene Theory and the Kano Model. The present study helps social commerce managers establish a plan to maximize factors that influence consumer satisfaction and minimize the factor influencing dissatisfaction.

Robust Design of Coordinated Set Planning with the Non-Ideal Channel

  • Dai, Jianxin;Liu, Shuai;Chen, Ming;Zhou, Jun;Qi, Jie;Liang, Jingwei
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.8 no.5
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    • pp.1654-1675
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    • 2014
  • In practical wireless systems, the erroneous channel state information (CSI) sometimes deteriorates the performance drastically. This paper focuses on robust design of coordinated set planning of coordinated multi-point (CoMP) transmission, with respect to the feedback delay and link error. The non-ideal channel models involving various uncertainty conditions are given. After defining a penalty factor, the robust net ergodic capacity optimization problem is derived, whose variables to be optimized are the number of coordinated base stations (BSs) and the divided area's radius. By the maximum minimum criterion, upper and lower bounds of the robust capacity are investigated. A practical scheme is proposed to determine the optimal number of cooperative BSs. The simulation results indicate that the robust design based on maxmin principle is better than other precoding schemes. The gap between two bounds gets smaller as transmission power increases. Besides, as the large scale fading is higher or the channel is less reliable, the number of the cooperated BSs shall be greater.

Slope Stability Evaluation System of Sanitary Landfill on Soft Ground and Its Reliability (연약지반상 위생매립지 안정성 평가에 대한 문제점 분석과 개선방향)

  • 우동찬;송좌빈
    • Proceedings of the Korean Geotechical Society Conference
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    • 1997.03a
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    • pp.161-168
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    • 1997
  • The purpose of this study is to evaluate the possibility of normalization of the distibutions of soil parameters taken from soft ground and the reliability of the safety factors of specific objects on it, including sanitary landfill. Through this study it is found that distributions of soil parameters could be adjusted to appropriate normal distributions as possibility density functions(PDF), and that especially the group of initial cohesions and the coresponding safety factors has a perfect linear correlation. According to those results the PDF to initial cohesion as possibility parameter can not only be tmsformed to the PDF to safety factor but also, conseqently, the reliability of the safety factor(SF) simply based on the mean value of soil parameter(Co) can be calculated or easily picked up from the standrad normal distribution table. It is therefore concluded that even though calculated values of safety factors are over any standard requirements some possibility of risk both to the objects and natural soft ground could be still existing, and also a new standard value for this slope stability control system should be derived just by adjusting old one according to the magnitude of risk possibility.

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