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An Empirical Analysis on A Refiner's Asymmetric Gasoline Price Adjustment (정유사 휘발유 공급가격의 비대칭적 가격조정에 대한 실증분석)

  • Kim, Youngduk
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.613-641
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    • 2013
  • This paper uses the error correction model to analyse dynamic gasoline price adjustments of the four refiners. Unlike the existing studies, this model allows a refiner's asymmetric adjustment to changes in the other refiners' prices as well as in its own price and costs. With the estimation results, we can obtain the following findings. First, there are the asymmetric price adjustments to changes in exchange rate and international gasoline price, but showing opposing directions. Second, for most of the refiners, the prices respond immediately to the lagged deviation from the long run equilibrium price, but asymmetrically respond for a few refiners. Third, there are some refiners that adjust their price to the other refiners' price deviation from the long run equilibrium. For some refiners, there are competitive price adjustments to the others' price deviations. These findings imply that a refiner faces inelastic demand, intends to maintain implicitly a relative level of its own price to others, and tends to respond competitively to the others' price deviation from the equilibrium.

Analysis of Budget Trends related to Creation of Urban Park in Seoul - Focusing on Budgetary Document - (서울시 도시공원조성예산 변동 추세 - 예산서를 중심으로 -)

  • Ko, Ha-jung
    • Journal of the Korean Institute of Landscape Architecture
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    • v.48 no.3
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    • pp.1-11
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    • 2020
  • Urban parks are important spaces of ecological and socio-cultural value to citizens who lead busy lives in increasingly complex and densely populated megalopolises. However, creating and maintaining city parks takes the will of the authorities to put it into practice and provide the attendant financial resources. That explains why we are focused on the budget aspects for the Seoul Metropolitan City in relation to creating park spaces. Our findings were as follows: 1) The overall city budget has steadily increased, but the budget allocated to Green Seoul Bureau and new park development has decreased since 2011. 2) As for elected officials, the budget grew during the time of the first, third, and fourth mayors as the creation of parks was considered to be a major priority, but after the sixth popularly elected mayor, the budget was sharply cut. 3) About 10% of the budget was allocated to the parks managed by the self-governing districts, compared to the ones under the direct management of the city. Furthermore, the analysis of the average annual budget for each park and how long (in terms of year) the budget for each park is invested showed that it was classified into three different types of category. Local governments adhere to the principle that their budget must be compiled and expended for a single year, which makes it hard to establish and push ahead with a long-term plan. However, as parks and green areas should not be approached from a short-term perspective for performance but from a long-term perspective, securing the consistent amount of budget is essential. This study has significance in that it attempted to analyze the budget issues related to parks, which has not been studied in depth so far, but the subject in this paper was limited to the budget for Green Seoul Bureau. Therefore, further research is needed because the parks managed by the self-governing districts were not considered.

Conflict Management Strategy for Successful Logistics Outsourcing (성공적인 물류 아웃소싱을 위한 갈등관리 전략)

  • Hur, Won-Moo;Lee, Seung-Chang;Seo, Eung-Kyo;Shin, In-Yong;Lee, Wan-Soo
    • Journal of Distribution Research
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    • v.11 no.1
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    • pp.41-68
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    • 2006
  • Today, Manufacturing companies execute the logistics outsourcing that commits the non-core logistic function to the specialized logistics corporation, which makes the manufacturing company focus on its core competence, product development and marketing, reduces logistics cost and improves customer service level. Recently, Logistics outsourcing is developed into cooperative sourcing based on the partnership. Case study on the logistics outsourcing will provide the good guideline for planning of the outsourcing strategy. The objective of this research is making a sense about 4PL through the case of UPS-Samsung Electro-Mechanics and catching major issue to provide the guideline for the cooperation outsourcing strategy. We investigated historical backgrounds of the logistics outsourcing between UPS and Samsung Electro-Mechanics. We also investigated problems occurred in outsourcing process at the five dimensions-organizational problem, CEO's short-term views, cultural gap between two companies, integration of IT system, and different understanding about outcomes. We expect to give many implications to manufacturing companies which want to cooperate with specialized logistics corporation.

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DiffServ QoS Support in DSL Broadband Access Networks (DSL 광대역 접속망에서 DiffServ QoS 지원 방안)

  • Park, Seung-Chul
    • The KIPS Transactions:PartC
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    • v.13C no.5 s.108
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    • pp.613-620
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    • 2006
  • From both techlical and economic viewpoints, DiffServ IP QoS architecture is accepted as a more practical solution because of the complexity Problem of the other IntServ architecture. In this paper, we propose several models to support DiffServ QoS in DSL broadband access networks and discuss about migration path from current best-effort DSL networks to DiffServ-enabled ones. Since DSL networks are recently and widely deployed in the world amount ot new investment, compatibility with existing QoS-unaware DSL systems, and compatibility with existing charging systems as well as effective support of various QoS services must be carefully considered when we design DiffServ QoS support models in DSL networks. The DiffServ models proposed in this paper are divided into static DiffServ models and dynamic DiffServ models which are near-term solutions and long-term solutions repecitively. The static DiffServ models include Flat DiffServ which suworts per-subscriber DiffServ QoS and Structured DiffServ which supports per-subscriber and per-service DiffServ QoS. And the dynamic DiffServ models include Direct DiffServ for P2P(Peer to Peer) applications and Indirect DiffServ for ASP(Application Service Provider) applications.

Load balancing of a deployment server using P2P (P2P를 이용한 배포 서버의 부하 분산)

  • Son Sei-Il;Lee Suk-Kyoon
    • The KIPS Transactions:PartA
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    • v.13A no.1 s.98
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    • pp.45-52
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    • 2006
  • To perform on-line maintenance for Distributed Information System, it is indispensable to disseminate files to participant nodes in the network. When users' requests for file deployment occur simultaneously in a short period a deployment server falls into overload phase, which is often called Flash Crowds. h common solution to avoid Flash Crowds is to increase hardware capacity. In this paper, we propose a software solution based on P2P, which does not cost any additional expense. In the proposed solution, nodes in the network are grouped into subnetworks one of which is composed of only neighboring nodes. In each subnetwork, copies of deployment files can be transferred to each other. Consequently, it brings about the effect of load balancing in deployment server. To raise the effectiveness, target files for deployment are packed into one package. Before being transferred, each package is divided into multiple equal-sized segments. A deployment server in a normal phase transmits a package requested from nodes in segment units. However a deployment server is overloaded, if segments already exist in the subnetwork participant nodes in the subnetwork receive necessary segments from neighboring nodes. In this paper, we propose data structures and algorithm for this approach and show performance improvement through simulation.

A Study on Digital Reinforcements for Efficient Automotive Design - With Emphasis on VR based CAID System - (자동차 디자인 효율화를 위한 디지털 강화요소 연구 - VR 기반 CAID 시스템을 중심으로 -)

  • Cho, Kyung-Sil;Lee, Myung-Ki
    • Archives of design research
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    • v.19 no.5 s.67
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    • pp.55-64
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    • 2006
  • As digital systems were introduced to automotive design in the mid 1980s, the design process has adopted many digital programs to save time compared to the conventional hand drafting. Digital technology was introduced not only to satisfy the reeds of the global environment, as the number of automobiles exported to many different parts of the world has increased, but also to save time and effort in developing several models of quality automobiles. Therefore, every automotive manufacturer in the world has expanded its virtual reality(VR) studio to establish visualization systems that visualize automobiles in the actual size and a co-operation system that enables simultaneous feedback from all of its design studios around the world. Unlike the existing design reviewing methos, the new improved feedback system is assessed as a reasonable method to evaluates and understand how the automobiles are actually manufactured in simulation. It is especially helpful when advanced products and concept cars require fast results. Other strengths of the new system include shorter development period, cost efficiency, no more manual labor, various designs within a short period of time, and realistic visualization of concepts. Large-scale products, including automobiles, need to be projected in the actual size and high clarity through the Power-wall System and are examined in a virtual space called a Cave. Therefore, it took much time to establish digital infrastructure. An infrastructure would constantly require system improvement and performance enhancement, but it is certain that now is the right time for the take-off to utilizing the strengths of digital design and improve the weaknesses. In this respect, this study provided an understanding of the importance of digital design based on digital reinforcements and examined an effective utilization of digital technology for an efficient development of automobiles in the future.

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Calculating and Improving Operational Decision-Making Indices for Public Railways by Inclusion of Non-economic Factors (비경제성 요소를 포함한 철도운행 의사결정을 위한 지표 산정 및 개선에 관한 연구)

  • Yang, Jungyu;Ha, Ohkeun;Kim, Ikhee
    • Journal of the Korean Society for Railway
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    • v.16 no.1
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    • pp.65-70
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    • 2013
  • In many cases, operation of regional trunk lines is not profitable to railway operators. Nevertheless, railway operators are under pressure to manage regional trunk lines running under deficits, to better serve public interests. Given this situation, railway operators need to optimize assets by adjusting train schedules or changing the number of trains running. When railway operators judge the operation of a regional trunk line, the B/C ratio is generally used as a management index. This ratio is not considered part of strategic operational policy over the long term, and excessively influenced by the aspects of supply and demand over the short term. Accordingly, this study focused on indices that might be used to prevent worsening deficits and provide long term strategic operation policies, main indices to better measure economic situations, and auxiliary indices to supplement the main index. The main indices were measured in conventional ways to target experts and employees. This study presents quantitative standards, which are intended to be used to create itemized criteria through an Analytic Hierarchy Process, for better decision-making.

Oilspill Damage Assessment of Natural Fisheries Resources by Ecological Models (생태학적 모델을 이용한 유류유출 사고에 의한 자연 수산자원 피해의 추정)

  • YOO Sin jae;SHIN Kyoung Soon
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.29 no.2
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    • pp.174-190
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    • 1996
  • Damage assessment based on in situ surveys for oil spills in marine environment is limited by fundamental difficulties as well as tremendous expenses. Except for intertidal zones, the damage is not preserved well. Also such surveys are usually confined to adult organisms. To overcome these limitations a computer model, NRDAM/CME, was developed in the case of USA (Reed et al., 1989), where an acute toxicity data base was used to assess indirect damages through food webs and loss due to recruitment as well as adult losses. In the present study damage assessment of natural biological resources for hypothetical oil spills is attempted using a computer model for hypothetical spills of Bunker C and heavy crude oil. In the model, the logical structure of NRDAM/CME was adopted, and biomass and productivity database were compiled for the Korean waters. The results showed that the damage increased in a nonlinear fashion as the spill amount increased. The magnitude of the damage depended upon the chemical properties of oil viscosity and solubility in particular, which implies that usage of oil dispersant might increase the damage by dispersing oil. The results also indicate that long term damage due to recruitment loss could be greater than short term damage.

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The Experimental Study on The Compressive Strength of Concrete Using High Quality Recycled Fine Aggregate Produced by Sulphuric Water and Low Speed Wet Abrasional (황산수와 저속습식마쇄기로 생산된 고품질 순환 잔골재의 콘크리트 압축강도에 관한 실험적 연구)

  • Choi, Duck-Jin;Lee, Dae-Guen;Kim, Ha-Suk;Kawk, Eun-Gu;Kang, Chul;Kim, Jin-Man
    • Proceedings of the Korea Concrete Institute Conference
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    • 2008.11a
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    • pp.385-388
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    • 2008
  • Recycled fine aggregate has low quality because it contains large amount of old mortar. So, its usage is limited to a lower value-add, such as the roadbed material etc. Also, alkaline water occurred from treatment process of the waste concrete is becoming the cause of environmental problem. Accordingly, this study is to develop on the high quality recycled fine aggregate produced by low speed wet abraser using sulphuric. We investigated the properties of compressive strength of the mortar which was manufactured using recycled fine aggregate containing calcined gypsum produced by earlier mentioned process. Test results indicate that concrete using recycled fine aggregate containing calcined gypsum is higher compressive strength than concrete using other sands.

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The Relationship between Organizational Commitment and Intention to Leave and the Moderating Effect of Gender and Occupation in Dae-deok Venture Enterprises (조직몰입과 이직의도의 관계 및 성별과 직종의 조절효과: 대덕 벤처기업을 중심으로)

  • Kim, Jung Seok;Ahn, Kwan Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.4
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    • pp.77-86
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    • 2012
  • The purpose of this paper is to review the relationship between organizational commitment, and voluntary turnover(intention to leave), and the moderating effects of personal factors(gender and occupation) on the relationship between organizational commitment and intention to leave. In order to verify and achieve the purposes mentioned above, questionnaire data are gathered and analysed from 458 employees in Daedeok Innopolis Venture Enterprises, Dae-jeon Metropolis, South Korea. Multiple regression and multiple hierarchical regression analysis are applied to test the proposed hypotheses: 1) the relationship between organizational commitment(affective commitment, continuance commitment and normative commitment) and intention to leave, 2) the moderating effects of personal factors(gender and occupation) on the relationship between organizational commitment and intention to leave. Empirical survey's findings are as follows; First, affective commitment(AC) and continuance commitment(CC) are related negatively with intention to leave(IL), but normative commitment(NC) is not related significantly with IL. Second, gender positively moderates the relationship between affective commitment and intention to leave, and occupation negatively moderates the relationship between continuance commitment and intention to leave.

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