• Title/Summary/Keyword: Agency costs

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Development of a Simulator of a Magnetic Suspension and Balance System

  • Lee, Dong-Kyu;Lee, Jun-Seong;Han, Jae-Hung;Kawamura, Yoshiyuki;Chung, Sang-Joon
    • International Journal of Aeronautical and Space Sciences
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    • v.11 no.3
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    • pp.175-183
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    • 2010
  • The increased demand for a higher performing magnetic suspension and balance system (MSBS) resulted in an increase in costs for the efforts necessary for achieving an improved MSBS. Therefore, MSBS performance should be predicted during the design in order to reduce risk. This paper presents the modeling and simulation of an MSBS that controls 6-degree of freedom (DOF) of an aerodynamic body within the MSBS. Permanent magnets and electromagnets were modeled as coils, and this assumption was verified by experimental results. Finally, an MSBS simulator was developed, predicting that the MSBS is able to contain the model within a bounded region as well as measure external forces acting on the body during wind tunnel tests.

Economic Design of Tree Network Using Tabu List Coupled Genetic Algorithms (타부 리스트가 결합된 유전자 알고리즘을 이용한 트리형 네트워크의 경제적 설계)

  • Lee, Seong-Hwan;Lee, Han-Jin;Yum, Chang-Sun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.1
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    • pp.10-15
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    • 2012
  • This paper considers an economic design problem of a tree-based network which is a kind of computer network. This problem can be modeling to be an objective function to minimize installation costs, on the constraints of spanning tree and maximum traffic capacity of sub tree. This problem is known to be NP-hard. To efficiently solve the problem, a tabu list coupled genetic algorithm approach is proposed. Two illustrative examples are used to explain and test the proposed approach. Experimental results show evidence that the proposed approach performs more efficiently for finding a good solution or near optimal solution in comparison with a genetic algorithm approach.

A Study on the Effect of Corporate Ownership Strucrure on Dividend (기업의 소유권구조가 배당에 미치는 영향에 관한 연구)

  • 김형준;이재범
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.37
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    • pp.187-194
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    • 1996
  • Firms pay cash dividends to reduce the agency costs, and then insider stock ownership affects the dicision of dividend payout ratio. In this study, it is tested that firm's insider stock ownership affects the decision of dividend payout ratio, but the relation between dividend payout ratio and insider stock ownership is nonmonostic. The empirical evidence shows that at low levels of insider stock ownership, increase in the percentage of stock held by insiders decreases dividend payout ratio, but beyond the point of entrenchment increase in the percentage of stock held by insiders increases dividend payout ratio. Thus, the dividend payout ratio and the percentage of stock held by insiders are in a parabolic relation. This implies that there may be a optimal insider stock ownership In lead to the minimun dividend payout ratio.

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Globalization Trends of Korean Fashion Enterprises (한국 패션기업의 세계화 추세 연구)

  • 손미영;이은영
    • Journal of the Korean Society of Clothing and Textiles
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    • v.27 no.11
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    • pp.1219-1228
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    • 2003
  • This research was conducted to find out what the general globalization trends of Korean fashion enterprises are, and what the factors required the Korean fashion enterprises to improve the global competitiveness under the globalized circumstances are. The data were collected from the survey by questionnaire on Korean leading fashion enterprises and the Directory of Companies Branching out abroad in 2000/2001(Korea Trade-Investment Promotion Agency, 2000). The Results of the research are as follows: first, Korean fashion enterprises expanded evenly worldwide in the sales and distribution functions while relying heavily on Asian countries for manufacturing functions; Secondly, the globalization of Korean leading fashion enterprises was progressed, but still remains at the stage of the sales of manufacturing capability or the sales of low costs products rather than at the stage of manufacturing products of high added-value or the sales of design or marketing capability. Thirdly, the factors for the global competitiveness of the Korean fashion enterprises are related to capability of low cost, quick response, product development, marketing, internationalization and high value added.

A Study on the Moxa Education Using Voucher Service

  • Jo, Bongkwan
    • International Journal of Advanced Culture Technology
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    • v.6 no.3
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    • pp.98-104
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    • 2018
  • This study is about dissemination of moxa education using voucher service. Moxa is one of the traditional medicines of Oriental medicine. Moxa is the only medicine in which is characterized by self-management of preventive medicine. Moxa whixh is prescribed in advance when it is healthy can prevent Alzheimer's dementia and cancers. Moxa activates neurotransmitter dopamine system and cerebral vasoconstrictor substance serotonin system, which actively helps to prevent and cure Alzheimer's dementia. Also moxa produces HSP (heat shock protein), which can prevent and treat cancers. Moxa, which costs little, is a strongly effective medicine. Therefore, this study emphasizes the necessity of moxa education and suggests a self-care training program for the reduction of medical expenses. As a methodology for this, moxa education can be done by using voucher service. At the same time, it proposes the establishment of a moxa instructor.

A Study on the Prediction of Die Wear using Wear Model (마멸모델을 이용한 금형마멸 예측에 관한 연구)

  • Park, Jong-Nam
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.12 no.1
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    • pp.90-96
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    • 2013
  • During the cold forming, due to high working pressure acting on the die surface, failure mechanics must be considered before die design. One of the main reasons of die failure in industrial application of metal forming technologies is wear. Die wear affects the tolerances of formed parts, metal flow and costs of process etc. The only way to control these failures is to develop methods which allow prediction of die wear and which are suited to be used in the design state in order to optimize the process. In this paper, the wear experiments to obtain the wear coefficients and the upsetting processes was accomplished to observe the wear phenomenon during the cold forming process. The analysis of upsetting processes was accomplished by the rigid-plastic finite element method. The result from the deformation analysis was used to analyse the die wear during the processes and the predicted die wear profiles were compared with the measured die wear profiles.

Impact on the Collective Claims and Conflict Resolution Strategies Related to Infant Policy Integration

  • Kim, Kyung Hee
    • International Journal of Advanced Culture Technology
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    • v.4 no.3
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    • pp.39-47
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    • 2016
  • The state adopts the policies based on the goals pursued by the state and provides a basic policy for administrative activities related to early childhood education. Therefore, early childhood education policy should be established organically in consultant with the social consent in advance. In most countries will bear the costs of child care and early childhood education can reduce the financial burden of parents and early childhood education consumers are able to understand the will of the government to support the child care services, which they need in a variety of way. The conflict is deepening - among policy officials, front-line institutions participating in policy implementation, and parents - surrounding the infant and early childhood education. And the conflict has caused the difference between this policy and claims that cannot find hardly a solution. In this study, we argue how the policy differences between groups involved in the policy to analyze the influence, to find the policy conflict resolution strategies.

Development of Soil-cement in Earth-block Materials

  • Wiwattanachang, N;Maneein, N;Parwong, T;Nummeesri, K
    • International Journal of Advanced Culture Technology
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    • v.3 no.1
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    • pp.78-85
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    • 2015
  • In Thailand, the electricity consumption is very high with the intention of reduce high temperature in the building. Since 2000, a lot of people paying attention to Green-Building concept. A similar concept is natural building, which is usually on a smaller scale and tends to focus on the use of natural materials that are available locally. Therefore, the Earth-Block (EAB) product is appropriated approach to reduce energy consumption in the buildings. The EAB is produced with environmentally friendly process, which does not release harmful pollution and effective cost. The main significant character is durable materials for building construction. This study aims to develop the new thermal insulation by using soil-cement with vetiver grass fibre. Additionally, it describes the innovative systems used in production of EAB materials by mixing the soil-cement with vetiver grass fibre. This paper reveals lowest costs, space configurations changing and greater design flexibility for constructing the building.

A Study on the Factors Influencing Medication Compliance At Community Pharmacies - Based on The 3rd (2005) Korea National Health and Nutrition Examination Survey Data - (외래약국 복약이행도에 영향을 미치는 요인 연구 - 제3기(2005년) 국민건강영양조사자료를 근거로 -)

  • Kwon, Jin-Won;Park, Eun-Ja;Sohn, Hyun-Soon
    • YAKHAK HOEJI
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    • v.55 no.6
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    • pp.500-509
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    • 2011
  • This study was to identify factors influencing drug compliance based on the subjects' interview regarding community pharmacy utilization for 2 weeks, in 2005 KNHANES. Good compliance was regarded as important factors in improving the effectiveness and minimizing adverse drug reaction, resulting in reducing the medical costs. 83% of total 11,208 pharmacy visits in 7,066 subjects showed good compliance. Good satisfaction for pharmacist's medication counseling (OR=2.23, 95% CI 1.92-2.58), higher out-of-pocket money (OR=1.32, 95% CI 1.14-1.54), and users of prescription drugs than non-prescription (OR=2.21, 95% CI 1.91-2.57) drugs were significant factors for better compliance. Disease of nervous system and mental and behavioral disorders showed lower drug compliance.

The study about the method for supervising sea contamination in Korean EEZ (한국 EEZ내 해양오염방지 방안에 관한 연구)

  • 양성모;진종관
    • Journal of Korea Port Economic Association
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    • v.19 no.1
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    • pp.113-138
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    • 2003
  • With it being inevitable to change the method of supervising as it is reorganized to EEZ coming out of the old concept of contamination in Korean area of the sea, it costs a lot to have good enough systems of total control for sea contamination and prevention of contamination as well as the effective marine superintendence because the governing bodies such as Ministry of Maritime Affairs and Fisheries, National Maritime Police Agency, and Authorities of Guiding Ships for Fishery, have their own source of laws and different ways to execute. In order to change such a wrong method of marine superintendence, it is necessary to conduct the merger and abolition of similar authorities with similar functions into authorities which are light but can be expected to play a major role, and to open the high-costing low-efficient organizations to make them remodel to be reborn as economical bodies. In addition to that, the maritime authorities, which are falling to incapable organizations not being able to work out any complicated tasks, have to be reborn as preventing bodies which take care of security and public peace and cut off a pollution source from sea and land.

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