• Title/Summary/Keyword: Dispersion relationship

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Wave Motion of Helical Springs with a Circular Section (원형 단면을 갖는 헬리컬 스프링에 대한 파동)

  • Lee, Jae-Hyeong;Heo, Seung-Jin
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.25 no.5
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    • pp.866-873
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    • 2001
  • The governing partial differential equations of a helical spring with a circular section were derived from Frenet formulas and Timoshenko beam theory. These were solved to give the dispersion relationship between wave number and frequency along with wave form. Wave motions of helical springs are categorized by 4 regimes. In the first regime, the lower frequency area, the torsional and extensional waves of the spring are predominant and two waves are composite wave motions involving lateral motion of the coils and rotation of the coils about a horizontal axis. All waves are propagating in the second regime. The wave of the extensional motion of the spring and one wave of transverse motion of a wire change from travelling waves to near field waves in the third regime. Both waves excited by both axial and transverse motion are predominant in the fourth regime.

Meteorological characteristics in case of the civil affair occurrence days of bad smell around Seongseo district of Daegu (대구 성서지역 악취 민원발생일의 기상학적 특성)

  • 김해동;구현숙;정우식;최성우;안지숙;박명희
    • Journal of Environmental Science International
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    • v.12 no.10
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    • pp.1101-1108
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    • 2003
  • We studied the relationship between a civil affair occurrence of bad smell and meteorological conditions around Seongseo district for recent 2 years. The results were as follows; (1) The civil affair occurrence days of bad smell were concentrated from May to August. (2) Daily mean temperatures were mostly 20∼28$^{\circ}C$ and daily mean relative humidities were 60∼80%. (3) Wind speeds were mostly less than 2㎧(75%), and wind directions were southerly winds(50%). It was hardly occurred for relatively well-ventilated conditions in cases of wind speeds 2㎧ over. And the Lagrangian particle dispersion model were used to figure out the transport route in a civil affair occurrence days of bad smell. It was found that the south-western winds transported the bad smelling materials from Jungni-dong(the place of source) to the housing complex located along a piedmont district.

Informative Role of Marketing Activity in Financial Market: Evidence from Analysts' Forecast Dispersion

  • Oh, Yun Kyung
    • Asia Marketing Journal
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    • v.15 no.3
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    • pp.53-77
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    • 2013
  • As advertising and promotions are categorized as operating expenses, managers tend to reduce marketing budget to improve their short term profitability. Gauging the value and accountability of marketing spending is therefore considered as a major research priority in marketing. To respond this call, recent studies have documented that financial market reacts positively to a firm's marketing activity or marketing related outcomes such as brand equity and customer satisfaction. However, prior studies focus on the relation of marketing variable and financial market variables. This study suggests a channel about how marketing activity increases firm valuation. Specifically, we propose that a firm's marketing activity increases the level of the firm's product market information and thereby the dispersion in financial analysts' earnings forecasts decreases. With less uncertainty about the firm's future prospect, the firm's managers and shareholders have less information asymmetry, which reduces the firm's cost of capital and thereby increases the valuation of the firm. To our knowledge, this is the first paper to examine how informational benefits can mediate the effect of marketing activity on firm value. To test whether marketing activity contributes to increase in firm value by mitigating information asymmetry, this study employs a longitudinal data which contains 12,824 firm-year observations with 2,337 distinct firms from 1981 to 2006. Firm value is measured by Tobin's Q and one-year-ahead buy-and-hold abnormal return (BHAR). Following prior literature, dispersion in analysts' earnings forecasts is used as a proxy for the information gap between management and shareholders. For model specification, to identify mediating effect, the three-step regression approach is adopted. All models are estimated using Markov chain Monte Carlo (MCMC) methods to test the statistical significance of the mediating effect. The analysis shows that marketing intensity has a significant negative relationship with dispersion in analysts' earnings forecasts. After including the mediator variable about analyst dispersion, the effect of marketing intensity on firm value drops from 1.199 (p < .01) to 1.130 (p < .01) in Tobin's Q model and the same effect drops from .192 (p < .01) to .188 (p < .01) in BHAR model. The results suggest that analysts' forecast dispersion partially accounts for the positive effect of marketing on firm valuation. Additionally, the same analysis was conducted with an alternative dependent variable (forecast accuracy) and a marketing metric (advertising intensity). The analysis supports the robustness of the main results. In sum, the results provide empirical evidence that marketing activity can increase shareholder value by mitigating problem of information asymmetry in the capital market. The findings have important implications for managers. First, managers should be cognizant of the role of marketing activity in providing information to the financial market as well as to the consumer market. Thus, managers should take into account investors' reaction when they design marketing communication messages for reducing the cost of capital. Second, this study shows a channel on how marketing creates shareholder value and highlights the accountability of marketing. In addition to the direct impact of marketing on firm value, an indirect channel by reducing information asymmetry should be considered. Potentially, marketing managers can justify their spending from the perspective of increasing long-term shareholder value.

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Occurrence and distribution of Tetranychus urticae Koch (Acarina: Tetranychidae) in strawberry greenhouse (딸기 시설재배지에서 점박이응애의 발생과 분포)

  • Choi, Yong-Seok;Hwang, In-Su;Kim, Kyu-Sang;Jo, Hyo-Ryu;Seo, Jeong-Hak;Park, Deok-Gee;Lee, Young-Su;Yu, Yong-Man
    • Korean Journal of Agricultural Science
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    • v.41 no.4
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    • pp.315-319
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    • 2014
  • Mean densities of two-spotted spider mite (TSM), Tetranichus urticae Koch adults from January to April in 2014 to investigate the occurrence and dispersion pattern of T. urticae on purpose of developing a monitoring method in the strawberry PVC house. Difference of density of T. urticae adult on middle and both side of leaf wasn't significantly. Density of T. urticae in investigation at different furrows and investigating points was the highest at the right and left sides of a furrow in strawberry PVC house. In results of comparing the dispersion incides of Taylor's power law (TPL) with Iwao's patchiness regression (IPR), TPL described better mean-relationship for the dispersion indieces compared to IPR. Slopes and intercepts of TPL from leaf samples did not differ among surveyed regions. Also, Distribution of T. urticae in a strawberry PVC house was the gravitation of the distribution because b and ${\beta}$ values of TPL and IPR was bigger than 1.

Dispersion of Organic Phase by Agitation in a n-Hexane/p-TSA Aqueous Solution System (n-헥산/p-TSA 수용액계에서 교반에 의한 유기상의 분산)

  • Kim, Tae-Ok;Chun, Jong-Han
    • Applied Chemistry for Engineering
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    • v.2 no.3
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    • pp.209-215
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    • 1991
  • The effect of agitation on the dispersion of organic phase was investigated in an immiscible liquid system (n-hexane/40 wt % p-TSA aqueous solution). Four different types of six-bladed turbine impellers were used : a flat blade type and three screen blade types. The experimental results showed that the extent of dispersion of organic phase at the same agitation speed was decreased in the order of flat blade, 60 mesh, 40 mesh, and 20 mesh screen blades. Otherwise, it was increased with increasing the concentration of TBA as a surfactant agent and with decreasing volume fraction of organic phase. Also, the minimum agitation speed for a complete dispersion was increased in the order of flat blade, 60 mesh, 40 mesh, and 20 mesh screen blades. However, the minimum power consumption did not vary significantly. In this condition, the relationship between Power number and Reynolds number was expressed as $N_p=a\;N_{Re}{^b}$, where the values of constant a and constant b were ranged 2200~4100 and -0.69~-0.63 respectively.

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Dispersion Indices and Sequential Sampling Plan for the Citrus Red Mite, Panonychus citri (McGregor) (Acari: Tetranychidae) on Satsuma Mandarin on Jeju Island (온주밀감에서 률응애의 공간분포분석 및 표본추출법)

  • 송정흡;이창훈;강상훈;김동환;강시용;류기중
    • Korean journal of applied entomology
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    • v.40 no.2
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    • pp.105-109
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    • 2001
  • Dispersion pattern of the citrus red mite (CRM), Panonychus citri (McGregor) was determined to develop a monitoring method in the satsuma mandarin fields, Citrus unshiu L., in Jeju-do, during 1999 and 2000. CRM population was sampled by collecting leaves. Taylor's power law provided better description of mean-variance relationship for the dispersion indices compared to Iwao's patchiness regression. Slopes and intercepts of Taylor's power law from leaf samples did not differ among surveyed groves. Fixed-precision levels (D) of a sequential sampling plan were developed using Taylor's power law parameters generated from all motile stages of CRM in leaf sample. This sampling plan for leaf sample estimate was tested with resampling validation for sampling plan using 4 independent data sets. Resampling simulation analysis demonstrated that actual fixed-precision level values were better than desired D values of 0.20, 0.25 and 0.30. Required numbers for tree sampling at the density of more than 7 mites per tree were fewer than 18.

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Analysis of the Relationships between Esophageal Cancer Cases and Climatic Factors Using a Geographic Information System (GIS): a Case Study of Ardabil province in Iran

  • Ahari, Saeid Sadeghieh;Agdam, Fridoon Babaei;Amani, Firouz;Yazdanbod, Abbas;Akhghari, Leyla
    • Asian Pacific Journal of Cancer Prevention
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    • v.14 no.3
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    • pp.2071-2077
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    • 2013
  • Esophageal cancer is a mjaor health problems in many parts of the world. A geographical information system (GIS) allows investigation of the geographical distribution of diseases. The purpose of the present study was to explore the relationship between esophageal cancer and effective climatic factors using GIS. The dispersion distribution and the relationship between environmental factors effective on cancer were measured using Arc GIS. The highest degree of spread was in Germi town and the least was in Ardabil city. There was a significant relationship between effective environmental factors and esophageal cancer in Ardabil province. The results indicated that environmental factors probably are influential in determining the incidence of esophageal cancer. Also, these results can be considered as a window to future comprehensive research on esophageal cancer and related risk factors.

Site Characterization using Shear-Wave Velocities Inverted from Rayleigh-Wave Dispersion in Wonju, Korea (레일리파 분산을 역산하여 구한 횡파속도를 이용한 원주시의 부지특성)

  • Kim, Chungho;Ali, Abid;Kim, Ki Young
    • Geophysics and Geophysical Exploration
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    • v.17 no.1
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    • pp.11-20
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    • 2014
  • To reveal shear-wave velocities ($v_s$) and site characterization of Wonju, Korea, Rayleigh waves were recorded at 78 sites of lower altitude using 12 to 24 4.5-Hz vertical geophones for 20 days during the period of February to September 2013. Dispersion curves of the Rayleigh waves obtained by the extended spatial autocorrelation method were inverted using the damped least-squares method to derive $v_s$ models. From these 1-D models, the average $v_s$ to a depth of 30 m ($v_s30$), $v_s$ of weathered rocks, depths to these basement rocks, and average $v_s$ of the overburden layer were derived to be $16.3{\pm}0.7m$, $576{\pm}8m/s$, $290{\pm}7m/s$, and $418{\pm}13m/s$, respectively, in the 95% confidence range. To determine adequate proxies for $v_s30$, we computed correlation coefficients of $v_s30$ with topographic slope (r = 0.46) and elevation (r = 0.43). An empirical linear relationship is presented as a combination of individually estimated $v_s30$ with weighting factors of 0.45, 0.45, and 0.1 for topographic slope, elevation, and mapped lithology, respectively. Due to a weak correlation between $v_s30$ obtained from inversion of dispersion curves and the proxy-based estimation (r = 0.50), however, the relatively large error range should be considered for applications of this relationship.

Estimation of Hi-pass Traffic Dispersion Rates to Determine The Optimal Location of Hi-pass Lanes at A Toll Plaza (요금소 하이패스 차로 배치 최적화를 위한 하이패스 차량 교통분산율 추정)

  • Lee, Jaesoo;Lee, Ki-Young;Lee, Cheol-Ki;Yun, Ilsoo;Yu, Jeong Whon
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.12 no.4
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    • pp.22-32
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    • 2013
  • Since the percentage of vehicles equipped with Hi-pass, an electronic toll collecting device, has increased rapidly, it is very crucial to determine the optimal location of Hi-pass lanes at a toll plaza in terms of traffic control and operation. In this study, the appropriateness of existing Hi-pass lanes of a toll plaza is evaluated considering its physical geometry and traffic characteristics. A new evaluating criterion called "traffic dispersion rate" is developed in order to measure the level of traffic spreading across the toll booth lanes at a toll plaza. Logistic regression models are constructed to estimate the relationship between the traffic dispersion rate and its affecting variables. The model estimation results show that several variables including Hi-pass lane traffic volume, length of toll plaza, entering/exiting taper lengths, and locations of Hi-pass lanes. The results also suggest that traffic dispersion rate can be increased by adjusting the location of Hi-pass lanes. The study enables us to quantify traffic dispersion rate which can be used to optimize the location and operation of Hi-pass lanes at toll plazas.

Organizational Factors Facilitating the Internationalization of Korean Franchising Companies (해외진출 국내 프랜차이즈기업의 조직특성)

  • Lim, Young-Kun;Lee, Dong-Whuy;Kim, Hee-Jung
    • Journal of Global Scholars of Marketing Science
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    • v.19 no.2
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    • pp.40-52
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    • 2009
  • Franchising is one of the fastest growing types of business. It is already popular and well-known in the U.S., and has been growing in many other countries including Korea. Furthermore, many Korean franchising companies have expanded their business overseas actively. According to the data by the Ministry of Industry and Resource, 82 companies out of a sample of 500 franchising companies are already operating in many foreign countries and 48% of them have started their foreign business since 2006. This clearly indicates the fast growing current trend of foreign operation by Korean franchising companies. In spite of the fast growing trend of foreign expansion in the industry, academic research on internationalization of franchising companies is extremely difficult to find. Accordingly, academic research on the issue is necessary and urgent in Korea. Among the various research questions on internationalization of franchising business, this study intends to investigate the difference in organizational factors between the franchising companies doing foreign operation and those doing business only domestically. More specifically, this research has the following purposes. First, considering the lack of theoretical basis of previous studies, resource-based theory and agency theory are employed as the theoretical bases. Second, this study explains the difference in internationalization based on organizational factors such as company size, history and growth rate. Third, the five hypotheses regarding the difference in organizational factors are presented and tested empirically, which is the first attempt in the area of this topic. Finally, the study attempts to clarify the conflicting implications among theories regarding some organizational factos such as growth rate. As the theoretical background, resource-based theory and agency theory are discussed. According to resource-based theory, a firm can grow continuously when it has competence and resource, and also the ability to develop them. The competence and resource can include capital, human resource, management skill, market information, ability to manage risk, etc. Meanwhile, agency theory views the relationship between franchisor and franchisee as an agency relationship. In agency theory, bonding capability and monitoring capability are the two key factors which promote internationalization of franchising companies. Based on the two theories, a conceptual model is designed. The model consists of two groups of variables. One is organizational factors including size, history, growth rate, price bonding and geographic dispersion. The other is whether a franchising company is operating overseas or not. We developed the following five research hypotheses basically describing the relationship between organizational factors and internationalization of franchising companies. H1: The size of franchising companies operating overseas is larger than that of franchising companies operating domestically. H2: The history of franchising companies operating overseas is longer than that of franchising companies operating domestically. H3: The growth rate of franchising companies operating overseas is higher than that of franchising companies operating domestically. H4: The price bonding of franchising companies operating overseas is higher than that of franchising companies operating domestically. H5: The geographic dispersion of franchising companies operating overseas is wider than that of franchising companies operating domestically. Data for the analyses are obtained from 2005 Korea Franchise Survey data co-generated by Ministry of Industry and Resource, GS1 Korea, and Korea Franchise Association. Out of 2,804 population companies, 2,489 companies are excluded for various reasons and 315 companies are selected as the final sample. Prior to hypotheses tests, validity and reliability of the measures of size, history, growth rate and price bonding are examined for further analyses. Geographic dispersion is not validated since it is measured using nominal data. A series of independent sample T-tests is used to find out whether there exists any significant difference between the companies internationalized and those operating only domestically for each organizational factor. Among the five factors, size and geographic dispersion show significant difference, growth rate and price bonding do not reveal any difference and, finally, history factor shows conflicting results in the difference depending on how to measure it.

    shows the summary statistics for hypotheses testing. In conclusion, the results show that the size and history, which are the key variables in resource-based theory, have a significant relationship with internationalization and that geographic area, which belongs to agency theory, also has a strong relationship with internationalization. The results support the findings of extant research and, therefore, prove the usefulness of resource-based theory and agency theory in explaining internationalization of franchising companies. However, growth rate and price-bonding do not show a clear difference between the two types of companies. Accordingly, these two factors need further attention in the future research. Although this study shows meaningful findings theoretically and practically, it has several limitations. First, only organizational factors are considered even if there are various environmental factors influencing franchising firm's internationalization. Second, only being internationalized or not is considered. That is, modes of entry and the size of foreign operations are not included in the study. Third, internationalization strategy is often determined based on the desire for business expansion and higher profitability and egoistical reasons of the CEOs. However, this type of factors belonging to behavioral science is not discussed in the study. Finally, organizational ecology perspective is usefully applicable in explaining the survival and performance of internationally operating companies. Accordingly, research propositions based on this perspective need to be developed and tested.

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