• Title/Summary/Keyword: Economic validity

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Rollover Analysis of a Bus using Beam Element and Nonlinear Spring Characteristics (보 요소와 비선형 스프링 특성을 이용한 버스 전복 해석)

  • Park, Su-Jin;Yoo, Wan-Suk;Kwon, Yuen-Ju;Kim, Jin-Bae
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.1
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    • pp.56-63
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    • 2007
  • In case of bus rollover, the body structure of the bus should be designed to ensure the survival space for passengers. So, this study focuses on evaluating rollover strength through a computer simulation using the commercial code, LS-DYNA3D at the initial stage of vehicle development. For this study, section structure was modeled using a simple beam element, and impact boundary conditions required by ECE(Economic Commission for Europe) regulation No.66 were applied. In order to confirm the validity of the beam element bus model, the results compared with the test results and shell element bus model. The analysis errors from beam element bus model are due to the difference in strain energy of joint area between beam and shell model. In this study, a method for the joint modeling was suggested by using nonlinear springs to which the collapse mechanisms were applied.

Rigidity Evaluation under Uncertainties for Multiple Investment Alternatives over Multiple Periods

  • Kono, Hirokazu;Mizumachi, Tadahiro
    • Industrial Engineering and Management Systems
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    • v.9 no.2
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    • pp.107-120
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    • 2010
  • In today's uncertain economic environment, the evaluation of safety for investment alternatives is of practical importance in manufacturing companies. This paper examines a method of quantitatively evaluating profitability and risk for multiple alternatives using the total-cost unit-cost domain. The paper assumes such factors as unit sales price, sales and production volume, unit variable cost, fixed cost, and yield for each alternative. The paper incorporates the relationship between production capacity and demand, distinguishing between cases of production capacity surplus and shortage for each year over the entire planning horizon. The paper investigates the case in which the values of each factor independently move in the direction of decreasing profit each year, and clarifies the procedure of comparing safety among multiple investment alternatives on a single consolidated total-cost unit-cost domain. The difficulty of the problem lies in the method of consolidating multiple total-cost unit-cost domains into a single domain since the combination of years of capacity surplus and shortage depends upon the change values in each factor under consideration. A systematic method of evaluating profitability as well as risk is presented, and the validity of the proposed method is verified using a numerical example.

Relationships between Service Quality, Brand Image, Customer Satisfaction, and Customer Loyalty

  • DAM, Sao Mai;DAM, Tri Cuong
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.585-593
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    • 2021
  • The service industry has become the driving force of economic development in recent years. With the current fierce competitive situation, competing businesses have continually provided a superior quality of service, and an excellent perceived brand image to gain customer satisfaction and customer loyalty. This study's current purpose is to empirical research the linking between service quality, brand image, customer satisfaction, and customer loyalty. We collect research data from 299 consumers who bought goods at supermarkets in Ho Chi Minh City, Vietnam, using a convenient sampling technique. We proposed the conceptual model from prior studies and considered it in Vietnam's context. PLS-SEM was conducted to test the relationships in the conceptual model. We have estimated the scale's reliability by Cronbach's alpha values and composite reliability values. Moreover, we have evaluated discriminant validity by the Fornell-Larcker standard. The findings showed that service quality positively affects the brand image, customer satisfaction, and customer loyalty. Likewise, the results also confirmed brand image had a positive impact on customer satisfaction and customer loyalty. Moreover, the outcomes also disclosed that customer satisfaction had a positive relationship with customer loyalty. The research suggested implications for managers, limitations, and directions for future research from the above findings.

A study on Developmental and Constraint Factors of Sports Movie

  • MOON, Bo Ra;KIM, Hae Yu;SEO, Won Jae
    • Journal of Sport and Applied Science
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    • v.5 no.2
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    • pp.47-53
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    • 2021
  • Purpose: The purpose of this study is to generate industrial insights for developing sports movie industry. Related studies are scare. Research design, data, and methodology: The study employed case study and selected typical case samples who seem informative about sport movie industry. The authors interviewed six experts who are experienced in sport movie and related academic sector. Interviews were audio-taped and the text were decoded by multiple reading. Through this process, the study categorized significant meanings and produced results. Interviewees reviewed again the final findings to confirm validity, which calls member check. Results: It was suggested that developmental factors of sports movie were the realization of realistic sports scenes by using technologies. Second, participants told that contents of sport movie need to reflect real stories and it should tell the stories. Regarding constraints of sport movies, movie producers feel difficulty to make scenes in that sports are inherently quickly performed. Another constraints are that production cost is expensive but audiences are barely attended. Conclusions: For promoting economic outcomes and developing sport movie industry, government needs to financially support related markets to support sport movie producers assisting them to concentrate their movie works. Future directions for related-studies were discussed.

The Relationship between Organization Innovation Capabilities and Export Performance of Technological Innovation type SMEs (혁신형 중소기업의 조직혁신역량이 기업의 수출성과에 미치는 영향)

  • Jung, Jae Hoon;Oh, Ka Young
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.493-504
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    • 2022
  • Purpose - This study investigate the effect of innovative capacity on corporate export performance and moderating flexibility. Design/methodology/approach - For this, hypotheses were established by reviewing previous studies and an empirical analysis was conducted for testing. Using SPSS 22.0, a frequency analysis of related variables was conducted. Through an exploratory factor analysis, validity and reliability tests of measuring tools were conducted and a descriptive statistics was analyzed for collected data result and hypotheses testing. Findings - Finally, with a verified model, the hypotheses and the moderating effects were tested. The results are as follows; The innovationa capacities have a positive effect on export performance and flexibility However, the flexbilitiy was not moderator in the relationship between innovative capacity and export performance. Research implications or Originality - According to the results above, this study presents directions to improve export performance of technological innovative type SMEs. The innovative capabilities, marketing capacity, organization innovative capacity and process innovative capactity, has an positive effect on

Compression of the Variables Classifying Domestic Marine Accident Data

  • Park, Deuk-Jin;Yang, Hyeong-Sun;Yim, Jeong-Bin
    • Journal of Navigation and Port Research
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    • v.46 no.2
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    • pp.92-98
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    • 2022
  • Maritime accidents result in enormous economic loss and loss of life; thus, such accidents must be prevented, and risks must be managed to prevent these occurrences Risk management must be based on statistical evidence such as variables. Because calculating when variables increase statistically can be difficult, compressing the designated variables is necessary to use the maritime accident data in Korea. Thus, in this study, variables of marine accident data are compressed using statistical methods. The date, ship type, and marine accident type included in all maritime accident data were extracted, the number of optimal variables was confirmed using the hierarchical clustering analysis method, and the data were compressed. For the compressed variables, the validity of the data use was statistically confirmed using analysis of variance, and the data of the variables identified using the variable compression method were designated. Consequently, among the monthly and yearly data, statistical significance was confirmed in yearly data, and compression was possible. The significance of the data was confirmed in six and eight types of ships and accidents, respectively, and these were compressed. These results can be directly used for prevention or prediction based on past maritime accident data. Additionally, the data range extracted from past maritime accidents and the number of applicable data will be studied in the future.

Evaluation Methods of Carbon Reduction Contribution for Green Budget of National R&D Projects in Agricultural Sector (농업분야 탄소인지예산제도 도입을 위한 국가연구개발사업의 탄소저감 기여도 평가 방안)

  • Kim, Solhee;Han, Seunghyun;Kang, Seong-Soo;Suh, Kyo
    • Journal of The Korean Society of Agricultural Engineers
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    • v.64 no.5
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    • pp.41-51
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    • 2022
  • Carbon neutrality is emerging as a new paradigm for the international society by transiting from climate change to climate risk. This study proposes evaluation methods for the carbon reduction contribution of climate-related national R&D projects in order to introduce a green budget system in the agricultural sector. We considered the domestic and foreign green budget systems and classified national R&D projects into positive, negative, and neutral from the perspective of carbon reduction. The results of this study propose three methods to estimate the monetary costs and carbon benefits by adopting the framework for the economic evaluation of national R&D projects conducted by the Rural Development Administration. These methods support to evaluate the potential contribution to carbon reduction of national R&D projects in the agricultural sector. Finally, the proposed methods were tested and verified for the efficiency and validity of evaluating carbon reduction contribution. These evaluation methods of the carbon reduction contribution can be used as a basic methodology for the pre-budget calculations of national R&D projects and the contribution for the greenhouse gas reduction budget.

Impact of nuclear and renewable energy sources on environment quality: Testing the EKC and LCC hypotheses for South Korea

  • Ugur Korkut Pata;Mustafa Tevfik Kartal
    • Nuclear Engineering and Technology
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    • v.55 no.2
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    • pp.587-594
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    • 2023
  • This study investigates the impacts of nuclear energy consumption on environmental quality from a different perspective by focusing on carbon dioxide (CO2) emissions, ecological footprint, and load capacity factor. In this context, the South Korea case, which is a leading country producing and consuming nuclear energy, is investigated by considering also economic growth, and the 1997 Asian crisis from 1977 to 2018. To this end, the study employs the autoregressive distributed lag (ARDL) approach. Different from previous literature, this study proposes a load capacity curve (LCC) and tests the LCC and environmental Kuznets curve (EKC) hypotheses simultaneously. The analysis results reveal that (i) the LCC and EKC hypotheses are valid in South Korea; (ii) nuclear energy has an improving effect on the environmental quality; (iii) renewable energy does not have a significant long-term impact on the environment; (iv) the 1997 Asian crisis had an increasing effect on the load capacity factor; (v) South Korea has not yet reached the turning point, identified as $55,411, where per capita income improves environmental quality. Overall, the results show the validity of the LCC and EKC hypotheses and prove the positive contribution of nuclear energy to South Korea's green development strategies.

Asymmetric Relationship between Inflation and Remittance Outflows in Saudi Arabia: A NARDL Approach

  • FOUDEH, Musa;AL-ABDULRAZAG, Bashier
    • The Journal of Asian Finance, Economics and Business
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    • v.10 no.1
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    • pp.79-89
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    • 2023
  • The paper aims to investigate the asymmetric long-run and short-run relationships between inflation and remittance outflows in the Kingdom of Saudi Arabia (hereafter KSA) over the period 1971-2019 by using the Nonlinear Autoregressive Distributed Lag (NARDL) model. The statistical tests have supported the validity and stability of the model. The Wald F-test statistics confirm the existence of a long-run equilibrium relationship among the model variables; remittance outflows, positive (negative) shocks in inflation rates, investment, real GDP, and trade openness. Moreover, the empirical results confirm the existence of an asymmetric effect of the inflation rate on remittance outflows. The response of foreign workers to an increase in inflation rates differs from their response to a decrease in inflation rates. However, this asymmetric relationship between the increases/decreases in inflation and remittance outflows is significantly weak. The weakness of this relationship is due to the high marginal remittance propensity of migrant workers, which is explained by the low consumption propensity of foreign workers and their ability to adjust to the high cost of living due to inflation and the imposition of accompanying fees. Finally, the change in the inflation rate is not among the main factors influencing foreign remittance decisions in Saudi Arabia.

A Study on the Affecting Factors of Job Satisfaction of Migrant Labor Focused on Korean Industry (이주 노동자의 직무만족에 영향을 미치는 요인에 관한연구)

  • Sung-Gug Kim;Ka-Young Oh
    • Asia-Pacific Journal of Business
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    • v.14 no.1
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    • pp.397-409
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    • 2023
  • Purpose - This study is a study on the factors affecting job satisfaction of foreign migrant workers (focusing on domestic automobile industry workers) to examine the impact of foreign workers on the corporate management of Korean manufacturers in Korean society. Design/methodology/approach - A survey was conducted on 152 foreign laborers who lived in Korea. First, an exploratory factor analysis was performed to confirm reliability and validity. Second, an multiple regression was conducted based on the reliability and exploratory factor analysis results. Third, the mediation regression by checking the effect of organizational commitment. Findings - The acculturation and organizational fairness were found to have a great influence on job satisfaction, and this study found that perceived acculturation had an effect on job satisfaction through the mediating effect of organizational commitment. In addition, organizational fairness was also found to have an effect on job satisfaction as a mediating effect of organizational commitment. Research implications or Originality - It was to provide meaningful implications for foreign workers in the current Korean labor market. Based on the results, the corporate competitiveness of Korean manufacturers should be further secured.