• Title/Summary/Keyword: Commercial Paper

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Some Issues of the Legislative Policy and the Draft Articles amend the Maritime Commercial Law (해상법개정을 위한 입법정책상의 문제와 개정시안예)

  • 박용섭
    • Journal of the Korean Institute of Navigation
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    • v.9 no.1
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    • pp.111-140
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    • 1985
  • The Maritime Commercial Part, which based on the CMI Conventions before 1950s, of the Korea Commercial Code has some critical issues to be improper to the morden internaitonal sea trade. This paper, therefore, has proposed a legislative policy and draft articles in order to make a reasonable and proper shipping law.

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Preparation and Characteristics of Anti-Fungal Paper with Natural Extractives (천연 추출물을 이용한 항균지의 제조 및 특성)

  • Kim, Kang-Jae;Jung, Jin-Dong;Ahn, Eun-Byeoul;Eom, Tae-Jin
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.47 no.1
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    • pp.45-51
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    • 2015
  • The anti-fungal activity of plant extractives was investigated and the lacquer extractives were selected. The lacquer extractives were coated on anti-fungal paper and confirmed its effect. Water repellency, tensile index and brightness of anti-fungal paper treated with natural extractives were similar to commercial pesticide-treated paper. The incidence of Fusicaladium leuieri MAGNUS of commercial pesticide-treated paper and anti-fungal paper treated with lacquer were similar but, the incidence of Botryosphaeria dothidea (Moug.) Ces & De Not and Gloeodes pomigena of those were increased 10-60 % than commercial pesticide-treated paper.

Proposal for Using Sine with Dwell for the Evaluation of ESC for Medium Commercial Vehicles (중형 상용차량 ESC 평가를 위한 Sine with Dwell Test 제안)

  • Kwon, Baeksoon;Yi, Kyongsu
    • Journal of Auto-vehicle Safety Association
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    • v.7 no.2
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    • pp.32-38
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    • 2015
  • A sine with dwell test is well known as a test scenario for evaluation of performance of electronic stability control(ESC) on passenger vehicles and heavy commercial vehicles. However, when it comes to ESC for medium commercial vehicles, the test scenario has not been established yet. In this paper, the sine with dwell test was modified considering characteristics of medium commercial vehicles. The three main modifications of the original test scenario are the steering angle level, steering frequency, and loading condition of the vehicle. These modifications are derived from simulation study for different medium commercial vehicles. From simulation study, it was shown that the ESC system for medium commercial vehicle is objectively evaluated by the proposed test scenario. A clear improvement on vehicle stability was seen in the results when ESC system was used.

An Enduranc Test for the Commercial Operation of the Korean EMU (표준전동차 실용화를 위한 내구도 시험)

  • 정종덕;김원경;한석윤;이관섭
    • Proceedings of the KSR Conference
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    • 2001.10a
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    • pp.376-383
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    • 2001
  • This paper describes the result of endurance test on the Sangju test track. The purpose of the test is to prove the endurance of the Korean EMU for the commercial operation. Test conditions are more severe than actual operation on the commercial line. As of October, test result is good without severe problems. After 100,000km of test operation, the EMU will be delivered to operation cooperation for th commercial operation.

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Performance Evaluation for a Multiprocessor Computer System Using a Commercial Workload (상용 작업부하를 이용한 다중프로세서 컴퓨터 시스템 성능 평가)

  • 박진원
    • Journal of the Korea Society for Simulation
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    • v.8 no.1
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    • pp.35-49
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    • 1999
  • The CC-NUMA based, distributed shared memory is an emerging architecture for multiprocessor computer systems because of its scalability and easy of programming. In this paper, we analyzed performance of a ring-based, CC-NUMA multiprocessor computer system using a commercial workload targeted for popular OLTP applications. Based on the traces collected from real machines, the characteristics of the commercial workload could be obtained. The simulation results showed that the bottleneck on the ring could be effectively removed by using a dual ring structure. We believe our simulation methodology and results will help us to design better multiprocessor computer systems for commercial application domains.

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Power Interruption Costs to Commercial Customers of Electricity in Korea

  • Kim, Dong-Sub;Kim, Kil-Sin
    • Journal of Electrical Engineering and Technology
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    • v.9 no.5
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    • pp.1495-1500
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    • 2014
  • This paper presents the result of the estimation of the power interruption costs of Korean commercial customers. Commercial customers are usually located in urban areas and considered very important because a power interruption on them can expand to additional damage to related users. Their power interruption costs were calculated through a survey with the process of data selection. Also, the power interruption cost for each customer's business type was calculated and compared with that of foreign cases.

A Study on the Profitability of the Commercial Bank in Terms of Interest Rate Marketization : Based on FMOLS Model (FMOLS 모형을 이용한 상업은행 수익성에 대한 연구 : 금리 시장화의 시각에서)

  • He, Yugang
    • The Journal of Industrial Distribution & Business
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    • v.9 no.8
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    • pp.41-50
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    • 2018
  • Purpose - As an important participant in the financial markets, the commercial bank will be impacted by the interest rate marketization. Owing to the special condition of China, this paper tries to explore the impact of operating mechanisms between interest rate marketization and the profitability of the commercial Bank. Research design, data and methodology - This paper applies time series data from 2005 to 2016. Due to the short period of time series, autocorrelation often occurs. Therefore, the fully modified least squares(FMOLS) will be used to conduct an empirical analysis. The reason is that it can move off the autocorrelation between variables and disturbance term. And FMOLS also can make estimated cointegrating parameters closed to normal distribution. More importantly, in order to avoid spurious regressions, the Augmented Dickey-Fuller Test will be used to verify the stationarity of all variables. The total return of asset is treated as the profitability of commercial bank. The net interest spread is treated as a measurement of interest rate marketization. Both are regarded as dependent variables. The non-interest income or gross revenues and impaired loans or gross loans are treated as independent variables. The sixteen representative listed commercial banks are divided into three categories (state-owned, share-holding and city-owned) to conduct an estimation. Results - Via empirical analysis, the findings show that the net interest spread has a positive effect on the profitability of the commercial bank. More specifically, 1% increase in the net interest spread will lead 0.157% increase in the profitability of state-owned commercial bank, 0.269% increase in the profitability of share-holding commercial bank and 0.263% increase in the profitability of city-owned commercial bank. If regarding the sixteen listed commercial city as a whole, 1% increase in the net interest spread will lead 0.267% increase in the profitability of the commercial bank. Conclusions - As the interest rate marketization, the importance of interest rate on the profitability of commercial bank has become more and more significant. The empirical evidences also prove that the net interest spread can bring about the change of the commercial bank's profitability. Therefore, policy-makers of commercial banks should fully understand the operating mechanism between them.

An Economic Study Analysis of Captive Power Plant as a Commercial Plant in the Cost Based Pool (자가발전기의 CBP시장 참여시 수익성 변화 평가)

  • Goh, Do-Hyun;Park, Jong-Bae;Lee, Ki-Song;Shin, Joong-Rin
    • Proceedings of the KIEE Conference
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    • 2005.11b
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    • pp.183-185
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    • 2005
  • This paper discusses an economic study analysis of captive power plant as a commercial plant in the cost based pool market. In this paper I assumed the conversion of a captive power plant owned by factories to a commercial plant and investigated the changes in profitability associated with this. I set the total electricity expense of a captive purpose plant as state A and the costs associated with converting to a commercial purpose plant as state B. Each state subdivided by case which is classified its plant variable cost, type of generation (combined cycle, single cycle) and type of power contract received. After set model for each case, different economic benefits by each case can be calculated.

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A Customer Interruption Cost Assessment Using Customer Survey (설문 조사방법을 이용한 수용가 정전비용 평가)

  • Chu, Cheol-Min;Lee, Byung-Sung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.10
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    • pp.1787-1791
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    • 2010
  • This paper presents the survey results of the interruption on domestic customer, especially commercial, with primary focus on the cost are presented. General method utilized in quantifying the benefit of reliability on power system is to estimate the Customer Interruption Cost(CIC) associated with the electric service interruption. According to change the circumstance of electricity market by the deregulation and the introduction of new technology, reliable and accurate CIC is required for estimate the applied plan and technology under the circumstance. This paper presents the commercial customer interruption cost is estimated by the survey conducted by KEPCO in 2009. To collect the customer interruption data for calculation of CIC, the survey is conducted. The survey targeting commercial customer around the branch-offices under twelve regional headquarters of KEPCO was carried out.

Conceptual Design of Electrical Power Subsystem for Cube Satellite with Permanent Magnet Attitude Stabilization Method (큐브위성용 상용 전력계 부품을 적용한 영구자석 자세제어 안정화 방식 큐브위성의 전력계 개념설계)

  • Park, Tae-Yong;Chae, Bong-Geon;Jung, Hyon-Mo;Oh, Hyun-Ung
    • Journal of Aerospace System Engineering
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    • v.8 no.1
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    • pp.42-47
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    • 2014
  • The role of Electrical Power Subsystem (EPS) is to generate a power and distribute it to the electrical devices for the system operation. For on-orbit operation of cube satellite, it is also necessary to supply power to on-board mission devices as commercial satellite does. Recently, commercial EPS products dedicated for the cube satellite application has been developed and widely used for the power subsystem design. In this paper, a permanent magnet attitude stabilization method without external power has been introduced because it has advantage from power consumption point of view and the EPS design of cube satellite by applying the commercial EPS products has been introduced and investigated. This paper also deals with the specification of the commercial EPS products for the beginner of the cube satellite design.