• Title/Summary/Keyword: Empirical power

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On the Area Marketing Strategy and the Case Study of Alcoholic Company(JINRO, Chamjinislro Soju) (에어리어 마케팅전략에 관한 사례연구 -(주)진로의 참이슬의 시장탈환-)

  • Kim, Chang-Ho
    • The Journal of Information Technology
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    • v.7 no.4
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    • pp.71-87
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    • 2004
  • The present paper attempts to describe Area Marketing and develop an empirical model for Alcoholic Company. The focus is given on the several area in Korea. With both empirical case studies ad literature review, we aim to develop empirical case and propose a desirable area marketing strategy for specific area Area Market Research was adopted for several Area as an environment analysis and the action plan about sales promotion that each area was developed. After It was implemented for 5 years(1999-2003). The Jiro made a results as follow: The first is sales volume. It was risen Market Share 55.3%(2004.11) more than 38%(1998). The second is Relationship with retailer(wholesaler) and CRM(customer relationship management effects: Loyal customer was increased). The last one is Brand Power which was extended than before.

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Empirical Approach to Price Modeling in Electricity Market based on Stochastic Process (확률과정론적 기반의 전력시장가격모델링 기법)

  • Kang, Dong-Joo;Kim, Bal-Ho H.
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.4
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    • pp.95-102
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    • 2010
  • As the electric power industry is evolving into competitive market scheme, a new paradigm is required for the operation of market. Traditional dispatch algorithm was built based on the optimization model with an objective function and multiple constraints. Commercial market simulator followed the concept of the microeconomic model used in the dispatch algorithm, which is called as analytic method. On analytic method it is prerequisite to procure the exact data for the simulation. It is not easy anymore for each market participant to access to other participants' financial information while it used to be easy for monopoly decision maker to know all the information needed for the optimal operation. Considering the changing situation, it is required to introduce a new method for estimating the market price. This paper proposes an empirical method based on stochastic processes expected to build a capacity planning and long term contracts.

A Study on Kinetic Model for the Formation of 5-methyl-4-imidazolecarboxylic Acid Ester (5-methyl-4-imidazolecarboxylic Acid Ester 연속합성의 반응속도론 및 특성 연구)

  • Cho, Wook-Sang;Park, Sang-Jin;Kim, Hak-Hee
    • Applied Chemistry for Engineering
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    • v.5 no.6
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    • pp.1062-1067
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    • 1994
  • The chemistry of 5-methyl-4-imidazolecarboxylic acid ester synthesis involves three distinct reaction steps. Of these the rate of formation of diketone was found to be a function of oxime and HCl concentration and temperature by the batch experiment. The decomposition of diketone was found to be a slow process whereas temperature was the only variable to affect it significantly. An empirical rate expression for the net formation of diketone fits the experminetal data satisfactorily. The principal objectives of this study are to study the kinetics of the diketone formation reaction and to develop the empirical rate expression.

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Determination of Resistance Coefficients Using Field Measurements in Natural Rivers (자연하천 현장자료를 이용한 저항계수의 결정)

  • Lee, Jong-Seok
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.2B
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    • pp.139-147
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    • 2012
  • This study is derived relationships of the resistance coefficients of Darcy-Weisbach and Manning for flow resistance and the dimensionless velocity using many field measurements for 1,875 rivers consist of sand 179, gravel 992, cobble 651 and boulder 53 channels in natural rivers, respectively. The relationships of power law forms are developed as a function of flow discharge, friction slope, and relative submergence by the regression and the semi-empirical method. The measurements distribution of Manning resistance coefficients by the Box-Whisker Plots show the values which ranges from 0.004~0.151 for sand, 0.008~0.250 for gravel, 0.015~0.327 for cobble, 0.023~0.444 for boulder in natural rivers, respectively. Relationships of these semi-empirical and resistance coefficients will be useful to give information in hydraulic engineering.

An Empirical Analysis on the Price Difference between International Bunkering and Export for Bunker-C (BC유의 국제벙커링과 수출 가격 차이에 대한 실증 분석)

  • Kim, Youngduk;Han, Hyun-Ok
    • Environmental and Resource Economics Review
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    • v.16 no.2
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    • pp.239-273
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    • 2007
  • Bunker-C is sold at the different price in the market for international bunkering and for export, though the quality of bunker-c is not much different in two markets. The price difference in two markets tends to increase since 2002 in Korea. This study shows that there is a possibility for a structural change in the price difference in two markets in Korea around June, 2002. In the search for possible explanations for this structural change, empirical analyses found that the price difference in Singapore, which had not have any explanatory power before June, 2002, has explained the price difference in Korea after July, 2002. Other explanatory variable for the price difference was the growth rate of crude oil price in the previous period. The empirical results suggest that the price difference in bunkering market and export market might be explained by the price discrimination which is adopted as a competitive strategy by oil companies in competing with Singapore.

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A Study on Price Discovery Function of Japan's Frozen Shrimp Future Market (일본 냉동새우 선물시장의 가격발견기능에 관한 연구)

  • Nam Soo-Hyun
    • The Journal of Fisheries Business Administration
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    • v.37 no.1 s.70
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    • pp.95-110
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    • 2006
  • Japan's frozen shrimp future market is the only fisheries future commodity market in the world. This empirical study examines the lead and lag relationship between Japan frozen shrimp spot and future markets using the daily prices from August 1, 2002 to December 31, 2005. Frozen shrimp future contract is listed on Japan Kansai Commodities Exchange. Japan imports approximately 250,000 tons of frozen shrimp annually, of which just under 70,000 tons, nearly 30%, are black tiger shrimp. Approximately 90% of black tiger shrimp are caught in Indonesia, India, Thailand and Vietnam, and the two largest consumers of these shrimp are Japan and the U.S.A. Kansai Commodities Exchange adopts the India black tiger shrimp as standard future commodity. We use unit root test, Johansen cointegration test, Granger causality test, Vector autoregressive analysis and Impulse response analysis. However, considering the long - term relationships between the level variables of frozen shrimp spot and futures, we introduced Vector Error Correction Model. We find that the price change of frozen shrimp futures with next 1, 2, 3, 4, 5 month maturity have a strong predictive power to the change of frozen shrimp spot and the change of frozen shrimp spot also have a predictive power to the change of frozen shrimp with next 1, 2, 3 month maturity. But, the explanatory power of the frozen shrimp futures is relatively greater than that of frozen shrimp spot.

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Identification and Multivariable Iterative Learning Control of an RTP Process for Maximum Uniformity of Wafer Temperature

  • Cho, Moon-Ki;Lee, Yong-Hee;Joo, Sang-Rae;Lee, Kwang-S.
    • 제어로봇시스템학회:학술대회논문집
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    • 2003.10a
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    • pp.2606-2611
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    • 2003
  • Comprehensive study on the control system design for a RTP process has been conducted. The purpose of the control system is to maintain maximum temperature uniformity across the silicon wafer achieving precise tracking for various reference trajectories. The study has been carried out in two stages: thermal balance modeling on the basis of a semi-empirical radiation model, and optimal iterative learning controller design on the basis of a linear state space model. First, we found through steady state radiation modeling that the fourth power of wafer temperatures, lamp powers, and the fourth power of chamber wall temperature are related by an emissivity-independent linear equation. Next, for control of the MIMO system, a state space modeland LQG-based two-stage batch control technique was derived and employed to reduce the heavy computational demand in the original two-stage batch control technique. By accommodating the first result, a linear state space model for the controller design was identified between the lamp powers and the fourth power of wafer temperatures as inputs and outputs, respectively. The control system was applied to an experimental RTP equipment. As a consequence, great uniformity improvement could be attained over the entire time horizon compared to the original multi-loop PID control. In addition, controller implementation was standardized and facilitated by completely eliminating the tedious and lengthy control tuning trial.

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A goodness - of - fit test for the exponential distribution with unknown parameters (모수가 미지인 상황에서의 지수분포성 적합도 검정방법)

  • 김부용
    • The Korean Journal of Applied Statistics
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    • v.4 no.2
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    • pp.157-170
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    • 1991
  • This article is concerned with the goodness - of - fit test for exponentiality when both the scale and location parameters are unknown. A test procedure based on the $L_1$-norm of discrepancy between the cumulative distribution function and the empirical distribution function is proposed, and the critical values of the test statistic are obtained by Monte Carlo simulations. Also the null distributions of the proposed test statistic are presented for small sample sizes. The power of tests under certain alternative distributions is investigated to compare the proposed test statistic with the well-known EDF test statistics. Our Monte Carlo power studies reveal that the proposed test statistic has good power properties, for moderate-to-large sample sizes, in comparison to other statistics although it is a conservative test.

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A Study of Modeling PEM Fuel Cell System Using Multi-Variable Optimization Technique for Automotive Applications (다변수 최적화 기법을 이용한 자동차용 고분자전해질형 연료전지 시스템 모델링에 관한 연구)

  • Kim, Han-Sang;Min, Kyoung-Doug;Jeon, Soon-Il;Kim, Soo-Whan;Lim, Tae-Won;Park, Jin-Ho
    • 한국신재생에너지학회:학술대회논문집
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    • 2005.11a
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    • pp.541-544
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    • 2005
  • This study presents the integrated modeling approach to simulate the proton exchange membrane (PEM) fuel cell system for vehicle application. The fuel cell system consisting of stack and balance of plant (BOP) was simulated with MATLAB/Simulink environment to estimate the maximum system power and investigate the effect of BOP component sizing on system performance and efficiency. The PEM fuel cell stack model was established by using a semi-empirical modeling. To maximize the net efficiency of fuel cel1 system, multi-variable optimization code was adopted. Using this method the optimized operating values were obtained according to various system net power levels. The fuel cell model established was co-linked to AVL CRUISE, a vehicle simulation package. Through the vehicle simulation software, the fuel economy of fuel cell powered electric vehicle for two types of driving cycles was presented and compared. It is expected that this study tan be effectively employed in the basic BOP component sizing and in establishing system operation map with respect to net power level of fuel cell system.

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Factors Affecting Webtoon's Success: An Empirical Study (웹툰(Webtoon)의 흥행 결정요인 연구)

  • Yang, Ji Hoon;Lee, Ji Young;Lee, Sang Woo
    • The Journal of the Korea Contents Association
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    • v.16 no.5
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    • pp.194-204
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    • 2016
  • With the fast diffusion of smart media, Webtoon has become popular contents among Korean people. Webtoon's content is being used in various content industries, such as movies and drama, and thus its cultural influence is increasing. Using ordinal Regression analysis, this study tried to find major factors affecting webtoon's success. This study found that readers' rating, number of likes, OSMU, author power, genre, picture style are important factors affecting the success of webtoon. This study has several business implications for the Korean webtoon industry.