This experiment was carried out to develope a new planting system from the economical point of view, using the various sizes of mulberry saplings ranged from 3mm to 7mm (3, 4, 5 and 7mm) in diameter of branches. They were planted densely (2,285 trees/10a) in vinyl film-and non-mulching system. The results are summarized as follows. 1. There are no differences in growth and yield of the planting year between 6mm and 7mm saplings. 2. The vinyl mulching affords an abundant growth of the saplings due to retaining of soil temperature and moisture. The dense planting with vinyl film mulching gave rise to 26% and 7% increase of leaf yield, using the saplings sized of 7mm and 5mm, respectively. 3. On the other hand, it was evident that the use of 6mm saplings in non-mulching and 5mm ones in mulching redused possibly the sapling cost. It was also noteworthy an additional profit took places in the yield increase, the cost reduction of saplings and weeding by using the 7mm and 5mm saplings in mulching system. It amounted to the increase of ₩33,800 and ₩24,520, respectively over the use of 7mm saplings in non-mulching system.
Yang, J.S.;Lee, J.H.;Ko, T.G.;Kim, T.B.;Chae, B.J.;Kim, Y.Y.;Han, In K.
Asian-Australasian Journal of Animal Sciences
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v.14
no.9
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pp.1308-1315
/
2001
This study was conducted to evaluate the effects of different methods of feeding and processing of diets on performance, morphological changes in the small intestine and nutrient digestibility of young pigs. A total of 120 pigs (Youkshire${\times}$Landrace${\times}$Duroc; initial body weight of $5.83{\pm}0.67kg$) were randomly allotted into six treatments in a $2{\times}3$ factorial design. Treatments were 1) dry feeding with a mash diet (DM), 2) dry feeding with a pelleted diet (DP), 3) dry feeding with an expanded crumble diet (DEC), 4) wet feeding with a mash diet (WM), 5) wet feeding with a pelleted diet (WP), 6) wet feeding with an expanded crumble diet (WEC). Average daily gain (ADG) and average daily feed intake (ADFI) were not significantly (p>0.05) different among treatments. However, feed conversion ratio (FCR) was significantly improved when pigs fed a pelleted diet or an expanded crumble diet. Pigs fed an expanded crumble diet showed 9.2% and 17.3% improvement in ADG and FCR compared with those fed a mash diet. The morphological changes in the small intestine were examined at the termination (4 weeks after weaning) of the experiment. Differences in morphological changes of gastrointestinal tract were not significant among treatments. Though villus height was not significantly affected by feeding method or feed processing, the villus height of weaned pigs tended to be preserved by wet feeding. The use of a pelleted diet also helped to prevent the shortening of villus height. Pigs fed a WP diet maintained the highest villus height at all parts of the small intestine. There was no significant difference (p>0.05) in nutrient digestibility among treatments. However, nutrient digestibility for pigs fed a pelleted diet had a higher than that of pigs fed mash diets. Especially, pigs fed a WP diet digested 5.3% more P each day than those fed a DM diet. Compared with the mash diet, the expanded crumble diet decreased feed cost per kg weight gain by 15%. The net profit per pig was 79% higher in the expanded crumble diet pigs than in mash diet pigs. In conclusion, this study suggests that feeding processed diets to piglets can be more beneficial in terms of FCR and production cost.
Journal of the Korea Academia-Industrial cooperation Society
/
v.14
no.4
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pp.1540-1547
/
2013
The energy economic analysis of the standard rural house model with PV system was performed based on annual energy demand calculation using the EnergyPlus to contribute in reducing building energy which occupies 25% of national energy consumption and in developing a low-energy & eco-friendly house model. Two types of PV system installation was considered to cover electricity demand for cooling, electric, and heating devices. For the selected house model, heating energy demand is 7 times higher than cooling energy demand. For the Case1, it is favorable to use electricity from PV system for cooling and electric devices and to sell surplus electricity. For the Case2, it is favorable to use electricity from PV system for cooling, electricity and heating devices and to sell surplus electricity. Considering the installation cost of PV system and heat pump air conditioning system, the break-even point of Case1 and Case2 are about 13 and 11 years respectively. Although the installation cost of Case2 is more expensive, Case2 provides three times more profit than Case1 after the break-even point. Because the expected average life time of the selected PV system is 25 years, Case2 is more favorable option for the given standard rural house model.
This study tests four hypotheses on management performance of environment-friendly firms. The hypotheses are that i) environment-friendly firms are lower management performance than general firms, ii) high cost environment-friendly firms are lower management performance than lower cost ones, small and medium environment-friendly firms lower management performance than large ones, and long-term environment-friendly firms higher management performance than short-term ones. The major findings are that the first hypothesis is not supported at the 5% significance level and the second one is also not supported at the 10% significance level. The third one is supported in terms of stability since large firms are more stable small and medium ones at the 5% significance level. The last one is not supported since short-term environment-friendly firms are more stable than long-term ones in the 10% significance level.
The purpose of this study is to present the technology value model based on profit approach and IITP practical guide for Ethernet network technology, which is the core technology of autonomous vehicles and connected cars in the hyper-connected industry. In-vehicle network, Ethernet technology, Ethernet port count, port pricing, and application data for technology assessment are sources of global market research organizations. The data on the company's COGS (Cost of Goods Sold), operating capital requirement, capital expenditure, and income statement data are used by the Bank of Korea's Business Analysis Report. According to the results of the study, the product market size was estimated to be US $470.3 billion and the technology market size was $52.1 billion over the seven years of economic life cycle of technology. The market value of the technology was estimated to be $260 million reflecting the possibility of entry into the market. In the case of the corporate management analysis report, the average value of the IITP and the top 25% were $0.7 million and $40.2 million, respectively. -27.8 million, and -73.6 million dollars respectively. This implies that government support for policy support is needed when conducting corporate R&D with high cost-to-sales ratio. The results of this study can be used as a reference for the evaluation of technology demand based ICT R&D technology in the industrial internet market in the fourth industrial revolution era.
This study was to investigated why consumers buy counterfeit luxury goods, and to address questions about what was used. To this end, benefits consumers experience using counterfeit or what is profit? In addition, experience using counterfeit what is lost or dissatisfied? Based on the results of previous studies on the use counterfeit motivation, loss of use, benefits, and behavioral factors associated with motivation to learn using these counterfeit goods, benefits, and loss factor, each counterfeit product attitude and purchase intention was affects. First, the motivation for using counterfeit display, economics, satisfaction, usefulness, respectively. Counterfeiting in the attitude demonstrated motivation and quality had a significant impact. The economics of buying a counterfeit, satisfaction and quality significantly affected the motivation. Second, counterfeit benefits and economic benefits, personal benefits factor, respectively. Counterfeit goods on the attitude factor has significant effect personal benefit. Purchase of counterfeit goods, the economic and personal benefits also had a significant impact. Third, the loss factor counterfeit personal loss, quality loss, material loss, and social factors were lost. Attitude toward counterfeits were no significant factors that affect. The social cost of buying a factor had a significant impact. These findings on the behavior of consumers with counterfeit deep understanding helps. In addition, to reduce the future use of counterfeit campaign gives data that can be exploited.
This study analyzes the optimal service levels of exclusive container terminals in terms of the optimal berth occupancy rate and the ships' waiting ratios, based on the number of berths. We develop a simulation model using berth throughput data from pier P, Busan New Port, a representative port in Korea, and apply the simulation results to different numbers of berths. In addition to the above results, we analyze the financial data and costs of delayed ships and delayed cargoes for the past three years from the viewpoints of the terminal operation company (TOC), shipping companies, and shippers to identify the optimal service level for berth occupancy rates that generate the highest net profit. The results show that the optimal levels in the container terminal are a 63.4% berth occupancy rate and 10.6% ship waiting ratio in berth 4,66.0% and 9.6% in berth 5, and 69.0% and 8.5% in berth 6. However, the results of the 2013 study by the Ministry of Maritime Affairs and Fisheries showed significantly different optimal service levels: a 57.1% berth occupancy rate and 7.4% ship waiting ratio in berth 4; 63.4% and 6.6% in berth 5; and 66.6% and 5.6% in berth 6. This suggests that optimal service level could change depending on when the analysis is performed. In other words, factors affecting the optimal service levels include exchange rates, revenue, cost per TEU, inventory cost per TEU, and the oil price. Thus, optimal service levels can never be fixed. Therefore, the optimal service levels for container terminals need to be able to change relatively quickly, depending on factors such as fluctuations in the economy, the oil price, and exchange rates.
Journal of the Korea Academia-Industrial cooperation Society
/
v.18
no.4
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pp.614-623
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2017
The purpose of this study is to analyze the impact of the financial performance of regional public hospitals on their efficiency. In addition, the analysis of their efficiency using environmental factors, such as the market share, operating mode, and size of the regional public hospitals, as well as the factors influencing their efficiency, are selected by selecting the input and output factors of the hospitals and some differences were found between them. The DEA index and financial performance of the 31 regional public hospitals were calculated for the three years from 2012 to 2014. ANOVA and hierarchical regression analysis were used. As a result, there was a significant difference in their efficiency according to the environmental factors, such as the city scale of the regional public hospital, the number of hospital beds, and their business performance, productivity, and publicness. The medical profit margin (p<0.05), labor cost investment efficiency (p<0.05) and HHI (p<0.05) were found to affect the efficiency. In order to identify the inefficiencies of the regional public hospitals and increase their efficiency, it is necessary to measure the efficiency of the input resources and to reduce their cost. In addition, if the regional public hospitals were to provide specialized services, such as specialized functions of medical care that would give them a competitive advantage over private hospitals, their operational efficiency would be enhanced and they would be able to fulfill their role as public medical institutions.
Through processors, wholesale markets, intermediate sellers, and retailers, agricultural products have been distributed in a multi-level customary manner for a long time as they are easy to deteriorate and no not have a standardized system of size and quality. However, with the advancement of Internet networks and logistic services during the 2000s that facilitated the development of offline markets, and the rise of the non-contact purchase preference in direct response to COVID-19, previous offline consumers flowed into the online market to purchase agricultural goods. In other words, the volume of online agricultural transactions exploded since the pandemic. Against this social backdrop, this study focused on the difference in distribution costs as a result of converting from conventional offline distribution channels to online channels, and analyzed the reduced distribution costs through a case study of garlic sales on the online platform "H" shopping mall. The analysis found that considerable economic effects occurred, some of the effects being an approximate 39% decrease in distribution cost when comparing direct online transactions of the online shopping mall with other more traditional means, a reduced distribution cost rate of approximately 28%p, and increased profit for farmers.
Kyeonghan Bae;YeonSu Park;JungWon Park;Jiyoung Alex Kim
Asia-Pacific Journal of Business Venturing and Entrepreneurship
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v.18
no.6
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pp.117-132
/
2023
With the recent spread of COVID-19, the size of the online shopping market continues to increase, and various online platforms are appearing in the market, and many small and medium businesses are entering the platform. As the recent increase in the use of the platform by small andmedium businesses as raised the issue of appropriate platform fees, the need for social discussions on the use of the platform and fees is raised. Currently, most discussions regarding fees primarily focus on specific cases from a negative perspective, and discussions that comprehensively consider the platform's utilization value and fees are insufficient. Therefore, this study aims to systematically and comprehensively understand platform fees by considering the value of using platform services and commission costs together. To achieve this, the economic value of each platform service was estimated and analyzed in detail. It selected two industries that are actively using online platforms, delivery services and e-commerce, and paid attention to changes in expected profits generated by sellers using platform services, and compared and analyzed expected profits based on estimated sales and costs for each scenario, such as whether sellers entered the platform and whether they used the service. As a result of the study, our results that entering the platform and using the platform service enable sales increase and cost reduction, which have a positive effect on the seller's expected profit. Through this study, we intend to understand platform fees from the perspective of user fees for platform service use and value acquisition, and based on this, estimate the economic value of platform services and fees to expand the value and cost of using platform services to a comprehensive and systematic discussion.
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