• Asia Marketing Journal
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• v.22 no.2
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• pp.1-18
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• 2020

We estimate a choice-based aggregate demand model accounting for consumers' consideration sets, and study its implications on market structure. In contrast to past research, we model and estimate consumer demand using aggregate-level consumer browsing data in addition to aggregate-level choice data. The use of consumer browsing data allows us to study consumer demand in a realistic setting in which consumers choose from a subset of products. We calibrate the proposed model on both data sets, avoid biases in parameter estimates, and compute the price elasticity measures. As an empirical application, we estimate consumer demand in the camcorder category and study its implications on market structure. The proposed model predicts a limited consumer price response and offers a more discriminating competitive landscape from the one assuming universal consideration set.

• Resources Recycling
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• v.25 no.4
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• pp.80-86
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• 2016

To investigate the current status of aggregate industry in Korea, the law of aggregate gathering, the law of forest management, the aggregate statistics of demand and supply in recent years, and market price of aggregate were reviewed. It is conformed that the forest aggregate industry is developing year by year and leading the industry. In addition, in order to well understanding about aggregate industry, the production system and process of the Whaseong forest aggregate quarry were introduced.

• Management Science and Financial Engineering
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• v.16 no.3
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• pp.49-70
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• 2010

Customer population management models can be classified into three categories: the first category includes the models that analyze the customer population at cohort level; the second one deals with the customer population at aggregate level; the third one has interest in the interactions among the customer populations in the competitive market. Our study proposes a model that can analyze the dynamics of customer population in consumer-durables market at aggregate level. The dynamics of customer population includes the retention curves from the purchase or at a specific duration time, the duration time expectancy at a specific duration time, and customer population growth or decline including net replacement rate, intrinsic rate of increase, and the generation time of customer population. For this study, we adopt mathematical ecology models, redefine them, and restructure interdisciplinary models to analyze the dynamics of customer population at aggregate level. We use the data of previous research on dynamic customer population management at cohort level to compare its results with those of ours and to demonstrate the useful analytical effects which the precious research cannot provide for marketers.

• Asia Marketing Journal
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• v.21 no.3
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• pp.47-64
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• 2019

We analyze and study competition in differentiated product market using public data source. Understanding competitive market structure is critical for firms to assess how their products compete against other firms in a given market. In this paper, we estimate consumer demand, extend clout and vulnerability framework, and study competition among multi-product manufacturers in differentiated product market. For our empirical analysis, we adopt choice-based aggregate demand model and estimate consumer demand while accounting for unobserved product characteristics. Once we estimate consumer demand, we compute full price elasticity matrix and investigate intra- and inter- manufacturer substitutions among consumers. This research offers a framework for marketers to analyze and understand market structures, leading them to informed decisions.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2016.10a
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• pp.87-88
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• 2016

In the current construction market usage cement and aggregate is increasing continuously. This is progressing serious environmental pollution due to the carbon dioxide generated during cement production. Further, by using a large amount of aggregate, they tend to have even reduced natural resources. As a result, the reduction of carbon dioxide through the United Nations Framework Convention on Climate Change, the energy saving has been positioned as a global trend. Therefore, in this study, instead of fine aggregate fix the cement, by the use to increase the proportion of the tidal flats, to try to reduce the amount of cement and fine aggregate. Accordingly, according to increasing the proportion of the mud flat be analyzed for properties the compressive strength, tensile strength, flow, chloride test, workability of the mortar.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2007.04a
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• pp.67-70
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• 2007

As construction industry is requiring competitive power and technique in national construction market with rapid fluctuation of construction environment and development, requirements upgrading performance in construction materials are increasing. But, national lightweight aggregate and lightweight concrete's inappropriateness when produced are also increasing. And there are not international standard of aggregates in using these construction materials because standards and characteristics of aggregate in each countries are different. Therefore, in this study, lightweight aggregate acquired due to wide range of use is tested and mixed for concrete to gain practicality and set the authorized manual in international. Also, basic data will be proposed to set a standard for concrete by analyzing lightweight aggregate characteristics. When lightweight aggregate absorptivity is high, concrete shows low strength and when it's density is low, concrete shows low weight of unit volume. Furthermore, compressive strength of lightweight aggregate is steep in first and longtime material age is tendency to cause low strength increasing rate.

• Economic and Environmental Geology
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• v.54 no.5
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• pp.515-533
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• 2021

Based on the supply location, demand location, and transportation network, aggregate supply-demand characteristics and aggregate distribution status were analyzed from the results of the closest distance, service areas, and location-allocation scenarios using GIS network analysis. As a result, it was found that the average transport distance of aggregates from the supplier was 6 km on average, the average range of 7 km for sand, and 10 km for gravel was found to reach the destination. In particular, the simulated service area covers about 92% in Seoul-Gyeonggi Province, 85% in Busan-Ulsan-Gyeongnam Province, and more than 90% in Daejeon-Sejong-Chungnam Province. These results have a significant implication in quantitatively interpreting primary data on aggregate supply-demand. Furthermore, these results suggest the possibility of a wide-area quantitative analysis of aggregate supply regions necessary for establishing a basic aggregate plan. The results also evaluated by the site-allocation scenario show that aggregate supply may be possible through companies less than 200 with large-amounts quarries, which is the 700 companies currently supplying small amounts of aggregates on the country. Therefore, in terms of distribution of aggregates, a policy approach is needed to form an appropriate market for regions with high and low density of aggregate supply services, and the necessity of regional distribution and re-evaluation is suggested through an aggregate supply analysis demand across the country. Furthermore, in analyzing the supply-demand network for the aggregate market, additional research is needed to establish long-term policies for the aggregate industry and related industries.

• International Journal of Highway Engineering
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• v.14 no.3
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• pp.69-76
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• 2012

A recent shortage in Korean aggregate market leads a social demand to utilize recycled aggregate to more advanced level, such as the use in concrete structures or paving materials for surface and base layers. Government announced a recycled aggregate guideline in 2009 to provide an institutional framework for recycled aggregate in such an up-scaled use. The use of recycled aggregate in such use; however, is very minimal. This paper evaluates the validity of the impurity content criteria of recycled aggregate for lean concrete base through a series of material tests. The analysis results shows that reclaimed asphalt pavement (RAP) in recycled aggregate not only influence a strength lean concrete adversely, but also influence negatively on an absorption and abrasion characteristics of aggregate system significantly that made those two indices lower. Since absorption and abrasion characteristics are very important indices for recycled aggregate quality, RAP in recycled aggregate could significantly mislead the recycled aggregate qualification. This paper provides a suggestion to resolve these problems.

• Journal of Korean Institute of Industrial Engineers
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• v.2 no.1
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• pp.93-100
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• 1976

Given a fixed production process and facility capacity, the ability to respond to market fluctuations in terms of changes in production, work force, and inventory is the major task of production management. The costs involved are primarily payroll (regular and overtime), inventory carrying, and hiring and firing. The magnitude of these costs is usually a significant portion of the operating costs of the firm and consequently a small percentage saving due to astute aggregate scheduling can mean substantial absolute saving. At least three demonstrably optimal techniques have been developed for solving this aggregate scheduling problem. These three optimal are apparently LDR, PPP, and SDR. By combining these three different approaches, another optimal solution was obtained by me. I call this CDR (Combined Decision Rule). This approach appears to be useful. This approach may be generalizable to aggregate scheduling involving a short term resources.

• Proceedings of the Korea Concrete Institute Conference
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• 2005.05b
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• pp.513-516
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• 2005

Previous study on recycled aggregate(RA) has largely been limited to the manufacture of nonstructural-grade concrete due to undesirable physical properties of them such as, high water absorption leading to high water demand of concrete. The restriction seriously limits its market and consequently diminishes the use of RA as a construction material. This paper presents the mechanical properties of recycled concrete substituted by both waste foundry sand(WFS) and recycled coarse aggregate replaced with fine and coarse aggregate concurrently. The result shows that the compressive and tensile strength decrease with the increment of substitution ratio of RA and WFS while bending strength of RA concrete increase.