Scaled critical factor index for optimal resource allocation in service and lean construction

Belay, Alemu Moges; Takala, Josu; Toshev, Rayko; Andersen, Bjørn

doi:10.1504/ijse.2013.054764

Cited by 2 publications

(3 citation statements)

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“…The only difference is that the coronavirus crisis will be more powerful in all respects, and the financial, economic, and human losses are difficult to estimate precisely [22]. There have been several attempts to define the economic, social, environmental, and institutional sustainability of the economy [26]. Economic theories can be evaluated regarding their usefulness for the description of a complex evolving system, such as the economy.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of the COVID-19 on Economic Sustainability—A Case Study of Fluctuation in Stock Prices for China and South Korea

Jiang

Park

2021

Sustainability

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The coronavirus disease (COVID-19) pandemic has had a global impact on lives, livelihoods, and economies. This study investigates whether a contagious infectious disease can affect the prices of the Chinese and Korean stock markets. Specifically, we aim to discover discrepancies in the impact of COVID-19 on the stock prices of China and South Korea through panel data. To test these discrepancies, we first regressed the stock indices on confirmed cases and deaths. We then validated the stability of coefficients over the past days. The empirical results show that (1) responses of stock indices are stable and impulsive and (2) response patterns toward COVID-19 events considerably vary across nations, especially in the counties such as China and South Korea.

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Section: Literature Reviewmentioning

confidence: 99%

The Impact of the COVID-19 on Economic Sustainability—A Case Study of Fluctuation in Stock Prices for China and South Korea

Jiang

Park

2021

Sustainability

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“…This ultimately helped technology developers to prioritize between different value propositions of the complete RESOLVD solution and, thereby, adjust their business strategy and joint exploitation pathway. The analytical sense and respond method was adopted and used for analysis purposes with the governing formula [15,16].…”

Section: Sense and Respond (Sandr) Approach (Target: Technology Devel...mentioning

confidence: 99%

“…Indeed, the S&R approach has been applied in other sectors, such as manufacturing, processes, services, etc. [15][16][17]. S&R was proposed as one of the methodologies due to the fact that it enables analysis with smaller sample sizes of respondents.…”

Section: Introductionmentioning

confidence: 99%

A Systemic Approach to Investigate the Gaps between Distribution System Operators Need and Technology Developers’ Perception—A Case Study of an Intelligent Low-Voltage Grid Management System with Storage

et al. 2021

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The purpose of the paper is to introduce a new bi-directional approach to assess the gap between the customer needs and technology developers’ perception on the value propositions of innovations which includes storages. The paper used two methods; the first comprehensive sense and respond analysis investigated technology developers’ perceptions using the value propositions defined under the EU-funded H2020 RESOLVD project. The second method focused on customers and collected a survey which covered challenges, value propositions and preparedness to adopt new technology. The H2020 RESOLVD project has developed an intelligent low-voltage grid management system with storage. The results from the sense and respond analysis showed that most of the value propositions aligned with the responses from the broader survey which are needed within five years (e.g., improved power quality of grid, fault detection, reduced technical loss). However, the cybersecurity perception differed between developers and distribution system operators (DSOs). The customer survey highlighted that certain value propositions of technological solutions are needed more urgently than others, and therefore, technology developers should prioritize these in further developments. Regarding the use of flexibility to manage the LV grid, unclear regulations were expressed as a key barrier, thereby affecting business feasibility around battery storage.

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Scaled critical factor index for optimal resource allocation in service and lean construction

Cited by 2 publications

References 0 publications

The Impact of the COVID-19 on Economic Sustainability—A Case Study of Fluctuation in Stock Prices for China and South Korea

The Impact of the COVID-19 on Economic Sustainability—A Case Study of Fluctuation in Stock Prices for China and South Korea

A Systemic Approach to Investigate the Gaps between Distribution System Operators Need and Technology Developers’ Perception—A Case Study of an Intelligent Low-Voltage Grid Management System with Storage

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