• Title/Summary/Keyword: Empirical power

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A Study on Marketing Strategy of Domestic Cosmetics (수입화장품의 마케팅전략에 관한 연구)

  • Kim, Ju-Duck;Kim, Jee-Young;Kim, Seon-Hee
    • Journal of the Society of Cosmetic Scientists of Korea
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    • v.32 no.4 s.59
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    • pp.269-282
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    • 2006
  • In this study, we tried to scrutinize the status and problems of domestic cosmetics industry. On the basis of theoretical study, we examined the strategic marketing skill and tactics of foreign products to devise a strategy for domestic cosmetics with the help of marketing mix of foreign competitors: so to say 4 Ps. The core of the empirical research is hereby the effect of consumers' behavior. The conclusion of the research can be summarized as following: the most important problem of domestic cosmetics industry is the poor brand power. It has been confirmed that the consumer needs are various and dynamic. Analysis of 4 Ps of marketing factors of foreign goods shows this very clearly. Consumers tend to rely upon the brand name of the product rather than the quality, when they don't have enough information or knowledge on the product. This conclusion teaches us to make an effective strategy of marketing. It is brand power and brand cultivating. This study may give domestic marketers a motive to predict the future and succeed in existence and prosperity.

K-IFRS Reconciliations and Predicting Future Earnings (K-IFRS 도입 시점의 전환조정이 이후 기간의 미래이익 예측력에 미치는 영향)

  • Ji, Sang-Hyun;Kwak, Young-Min
    • Journal of Digital Convergence
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    • v.15 no.12
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    • pp.283-291
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    • 2017
  • This Study analyzes the predictability of accounting information from mandatory K-IFRS adoption using the K-IFRS reconciliations information. We use the sample of 2,557 firm-year Korea listed companies belonging to non-financial corporate sector during 2010-2016. Specifically, we examine whether K-IFS reconciliation would improve or reduce the predicting power for future earnings after K-IFRS adoption. The results of empirical analyses show that reconciliation information from discretionary judgement tend to reduce the predicting power of K-IFRS based accounting earnings for future earnings. This result indicates that managers are likely to use the adjustments process to reconcile K-GAAP accounting numbers with corresponding K-IFRS as means to realize the various private utility. This study is expected to provide useful information by suggesting the need for more rigid screening schemes for the K-IFRS reconciliation process and also for adequate measures to be taken to ensure that the interests of the outside investors are properly protected.

Multi-alternative Retrofit Modelling and its Application to Korean Generation Capacity Expansion Planning (발전설비확장계획에서 다중대안 리트로핏 모형화 방안 및 사례연구)

  • Chung, Yong Joo
    • The Journal of Information Systems
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    • v.29 no.1
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    • pp.75-91
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    • 2020
  • Purpose Retrofit, defined to be addition of new technologies or features to the old system to increase efficiency or to abate GHG emissions, is considered as an important alternative for the old coal-fired power plant. The purpose of this study is to propose mathematical method to model multiple alternative retrofit in Generation Capacity Expansion Planning(GCEP) problem, and to get insight to the retrofit patterns from realistic case studies. Design/methodology/approach This study made a multi-alternative retrofit GECP model by adopting some new variables and equations to the existing GECP model. Added variables and equations are to ensure the retrofit feature that the life time of retrofitted plant is the remaining life time of the old power plant. We formulated such that multiple retrofit alternatives are simultaneously compared and the best retrofit alternative can be selected. And we found that old approach to model retrofit has a problem that old plant with long remaining life time is retrofitted earlier than the one with short remaining life time, fixed the problem by some constraints with some binary variables. Therefore, the proposed model is formulated into a mixed binary programming problem, and coded and run using the GAMS/cplex. Findings According to the empirical analysis result, we found that approach to model the multiple alternative retrofit proposed in this study is comparing simultaneously multiple retrofit alternatives and select the best retrofit satisfying the retrofit features related to the life time. And we found that retrofit order problem is cleared. In addition, the model is expected to be very useful in evaluating and developing the national policies concerning coal-fired power plant retrofit.

Research Investigations at the Municipal (2×35) and Clinical (2×5 MW) Waste Incinerators in Sheffield, UK

  • Swithenbank, J.;Nasserzadeh, V.;Ewan, B.C.R.;Delay, I.;Lawrence, D.;Jones, B.
    • Clean Technology
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    • v.2 no.2
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    • pp.100-125
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    • 1996
  • After recycle of spent materials has been optimised, there remains a proportion of waste which must be dealt with in the most environmentally friendly manner available. For materials such as municipal waste, clinical waste, toxic waste and special wastes such as tyres, incineration is often the most appropriate technology. The study of incineration must take a process system approach covering the following aspects: ${\bullet}$ Collection and blending of waste, ${\bullet}$ The two stage combustion process, ${\bullet}$ Quenching, scrubbing and polishing of the flue gases, ${\bullet}$ Dispersion of the flue gases and disposal of any solid or liquid effluent. The design of furnaces for the burning of a bed of material is being hampered by lack of an accurate mathematical model of the process and some semi-empirical correlations have to be used at present. The prediction of the incinerator gas phase flow is in a more advanced stage of development using computational fluid dynamics (CFD) analysis, although further validation data is still required. Unfortunately, it is not possible to scale down many aspects of waste incineration and tests on full scale incinerators are essencial. Thanks to a close relationship between SUWIC and Sheffield Heat&Power Ltd., an extended research programme has been carried out ar the Bernard Road Incinerator plant in Sheffield. This plant consists of two Municipal(35 MW) and two Clinical (5MW) Waste Incinerators which provide district heating for a large part of city. The heat is distributed as hot water to commercial, domestic ( >5000 dwelling) and industrial buildings through 30km of 14" pipes plus a smaller pipe distribution system. To improve the economics, a 6 MW generator is now being added to the system.

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Analysis of the effects of operating point of tractor engine on fatigue life of PTO gear using simulation

  • Lee, Pa-Ul;Chung, Sun-Ok;Choi, Chang-Hyun;Park, Young-Jun;Kim, Yong-Joo
    • Korean Journal of Agricultural Science
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    • v.43 no.3
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    • pp.441-449
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    • 2016
  • Agricultural tractors are designed using the empirical method due to the difficulty of measuring precise load cycles under various working conditions and soil types. Especially, directly drives various tractor implements, the power take off (PTO) gear. Therefore, alternative design methods using gear design software are needed for the optimal design of tractors. The objective of this study is to simulate fatigue life of the PTO gear according to the operating point of the tractor engine. The PTO gear was made with SCr415 alloy steel with carburizing and quenching treatments. The fatigue life of the PTO gear was simulated by using bending and contact stress according to the torque of the load levels. The PTO gear simulation was conducted by the KISSsoft commercial software for gear analysis. Bending and contact stress were calculated by the ISO 6336:2006 Method A and B. The simulation of fatigue life was calculated by the Miner's cumulative damage law. The total fatigue life of tractors can be estimated to 3,420 hours; thus, 3,420 hours of fatigue life were used in the simulation of the PTO gear of tractors. The main simulation results showed that the maximum fatigue life of the PTO gear was infinite fatigue life at maximum engine power. Minimum fatigue life of the PTO gear was 19.61 hours at 70% of the maximum engine power. Fatigue life of the PTO gear changed according to load of tractor. Therefore, tractor work data is needed for optimal design of the PTO gear.

An Experimental Study on the Characteristics of Electromagnetic Filter (전자기 필터의 특성에 관한 실험적 연구)

  • Lee, Geum-Yong;Lim, Seung-Cheol;Lee, Kun-Jai
    • Nuclear Engineering and Technology
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    • v.25 no.1
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    • pp.178-191
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    • 1993
  • The electromagnetic filter has been recognized as a technological replacement for the conventional filtration systems of the nuclear power plant coolant. But, as of now there are neither clear understandings of the phenomena occurring in the electromagnetic filter nor the general theoretical analyses. These facts make the application or the electromagnetic filter to the real systems a little risky, and therefore it has not been commercialized although it shows excellent performances in such situations as the plant abnormality, where the conventional filters usually fail. This experimental study of the low power electromagnetic filter aims at the clarification of the general characteristics under varying operational parameters. Since the detailed characteristics may differ from one electromagnetic filter to another, they are considered secondary. The impurities applied are the highly magnetic magnetite (Fe$_3$O$_4$) and the diamagnetic cuprous oxide (Cu$_2$O). The empirical equations are derived from the experimental data by the regressional analyses. They are classified of three types : Efficiencies vs. Time, Efficiencies vs. Load, and Load vs. Time. The characteristics of the electromagnetic filter observed in this experiment agreed well with other related works in many aspects. Especially in this study, some assumptions and discussions including the physical deposition are combined for the explanations of the filter characteristics found in our and other experimental works.

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Application of HHT for Online Detection of Inter-Area Short Circuits of Rotor Windings of Turbo-Generators Based on the Thermodynamics Modeling Method

  • Wang, Liguo;Wang, Yi;Xu, Dianguo;Fang, Bo;Liu, Qinghe;Zou, Jing
    • Journal of Power Electronics
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    • v.11 no.5
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    • pp.759-766
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    • 2011
  • This paper focuses on monitoring and predicting the short circuit faults of the rotor windings of large turbo-generator systems. For the purpose of increasing efficiency and decreasing maintenance cost, a method that combines the HHT (Hilbert Huang Transform) with a wavelet has been studied. This method is based on analyzing a classical Albright detecting coil. Due to the Empirical Mode Decomposition (EMD) and the Intrinsic Mode Functions (IMF) of the HHT the exact location of a short circuit of rotor windings may be given. However, a part of the useful information is eliminated by the unreasonable decomposing scale of the wavelet. Based on the thermodynamics modeling method, this study was illustrated with a 50MW turbo-generator system that is installed in Northern China. The analysis results, which have very good agreement with those of a previous study, show that the method of combining the HHT with a wavelet is an effective way to analyze and predict the short circuit faults of the rotor windings of large generators, such as supercritical turbo-generator systems and wind turbo-generator systems. This work can offer a useful reference for analyzing smart grids by improving the power quality of a distribution network that is supplied by a turbo-generator system.

An Empirical Analysis on the Structure and Conduct Methods of the World Rice Market: Focusing on the Top 4 Major Rice Exporting Countries (국제 쌀 시장에 대한 구조와 행위 분석: 주요 쌀 수출국들을 중심으로)

  • Kang, Hyunsoo
    • International Area Studies Review
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    • v.13 no.3
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    • pp.93-119
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    • 2009
  • The purpose of this paper is to analyze the world rice market through structure and conduct frameworks utilizing annual data from 1970 to 2007. The world rice market has been unstable for much of the period post-World War II, with prices volatile and the availability of supplies uncertain. Therefore, analysis of the structure and conduct of the world rice market can provide information to better formulate the direction of future policies. Also, this paper will describe the effects of total production, export rice price, market concentration, and real exchange rate for exporting countries on total export rice volume. On basis of the expected results, the international rice market possesses market power with respects to static calculation and hypothesis test, and it will be demonstrated that exporting countries' currency crucially affects the exporting quantity and market power of those same exporting countries.

A Study on the Autonomous Decision Right of Emotional AI based on Analysis of 4th Wave Technology Availability in the Hyper-Linkage (무한연결시 4차 산업기술의 이용 가능성 분석을 통한 감성 인공 지능의 자율 결정권에 관한 연구)

  • Seo, Dae-Sung
    • Journal of Convergence for Information Technology
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    • v.9 no.8
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    • pp.9-19
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    • 2019
  • The effects of artificial intelligence technology is social science research as research on the impact on industry and changes in daily life, etc. This means that developing 'emotion AI' will prepare 'next-generation 3D-vector-sensitive AI'. This suggests the main keywords of the tertiary AI decision-making power. Particularly important results will be achieved because of the importance of current unethical learning and the implementation of decision-making systems that reflect ethical value judgments. This is a data based simulation, and required (1)Available data, (2)the technology for the goal of simulation. This takes into account the general content of the intended simulation based research. Currently, existing researches focus on meaningful research motivation, but this study presents the direction of technology. So, empirical analysis is consistent with the decision-making power of each country vs. new technology firms for AI on ehtic responsibility. As a result, there is a need for a concrete contribution and interpretation that can be achieved for the ethic Responsibility, on the technical side of AI / ML. In AI decision making, analytic power of human empathy should be included tech own trust.

Study on the Evaluation Method for EEDI of the Small Vessel using CFD (CFD 기반 소형 선박의 EEDI 평가 방법에 관한 연구)

  • Park, Dong-Woo
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.25 no.5
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    • pp.627-633
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    • 2019
  • This study aimed to predict the resistance and propulsion performance of a ship using computational fluid dynamics (CFD) and a database as well as establish an assessment method for the energy efficiency design index (EEDI) using the results. First, the total resistance of the studied ship is obtained using CFD. A flow analysis is conducted with the free surface and trim and sinkage using a commercial CFD code (STAR-CCM+). The effective power of the ship is assessed based on the CFD results. The quasi-propulsive efficiency is calculated from an empirical prediction equation using experimental data and similar material. Finally, a general calculation program for the EEDI is established based on the hydrodynamic results, ship information for principal particulars, conversion factor of $CO_2$ for fuels, and fuel consumption.