• Journal of Navigation and Port Research
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• v.33 no.4
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• pp.263-270
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• 2009

Busan North port is facing crisis due to the opening of the New port. The North Port and NewPort are competing for a limited volume of cargoes and this competition is leading after all to price competition, lowering cargo work fee that may result in the failure of both This paper proposed the balanced development plans, which are the strategies of business tie-up and activation between the North Port and NewPort by introducing the strategy of "co-opetition" and the analysis for the success factor of co-opetition: to solve this operational problems on Busan port. It is found out that activation strategy is more successful co-opetition strategy than business tie-up strategy. The execution for the two co-opetition strategies will lead Busan Port to the balanced development as well as the enhanced competitiveness and will leap Busan port into global hub port as well.

• 제어로봇시스템학회:학술대회논문집
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• 2005.06a
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• pp.393-396
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• 2005

Due to the fast growing rate of the global container trade, every major port is under the pressure of meeting the projected capacity demand. As a result, alternative solutions have been sought for improving capacity and meeting the growing demand for container storage area and terminal capacity. Moreover, material handling process re-engineering is now a critical issue for logistics and supply chain managers of airline, shipping lines, terminal and warehousing enterprises around the world. Therefore, the purpose of this paper is to develop the 3D simulator for executing performance valuation of port transportation systems. The developed 3D simulator system is to measure the effectiveness of the proposed total system and compare it with existing practices. The performance analysis variables are also defined for these comparisons

• Journal of Global Scholars of Marketing Science
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• v.17 no.4
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• pp.91-111
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• 2007

Marketing is said to be a zero sum game i.e. each gain of customer for a firm is always at the expense of some other firm's customers. Therefore in a marketplace churn is a natural occurrence. Churn in Indian telecom market is among the highest in growing telecom markets. By using binary logistics regression analysis based models based covering a sample of 822 Indian telecom subscribers; this paper attempts to examine the determinants of churn. The future churn is found to be dependent on satisfaction level of the customer with the service provider, attitude and loyalty of the customer variables, intended churn (i.e. intention to churn) and current loyalty (defined as intention to recommend) and distraction (i.e. intention to experiment).

• International Commerce and Information Review
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• v.7 no.2
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• pp.205-216
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• 2005

The ever-expanding Chinese economy has affected the Korean economy in many respects. So many companies, including most of major groups, has increased their economic collaborative businesses in China. Due to the sandwich situation of the economic competitiveness, many Korean companies has been seeking for the lower production costs in China, while other high-tech companies also for the prospective markets in China. Nonetheless all the Korean FDIs in China have been seriously connected with its global supply chain management. In order to promote this kind of collaboration across the border, the 4PL kind of tasks are needed. The study suggests these tasks in terms of 3 categories of Pre-Feasibility/ Business Planning, Cultural Localization, and Networking Economies/ Relationship Management. Most of all, the collaboration across the border may promote the final vision of the FTA in the Far-east Asian countries.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.704-707
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• 2003

The Purpose of carrier tracking and tracing is to achieve more information over shipments via carrying in mobile business .At multimodes, especially consignor wants to be aware of the exact situation and position of goods. As an innovate business model, we present CGPS(Carrier Global Positioning System) scheme usiug LEO(Low Earth Orbital) satellite. The LEO collects the data periodically and sends to the web server, and eventually customer's PC or PDA. This provides shipping company or freight forwarder with more robust information such as door status, container inside condition, etc.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.2
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• pp.45-51
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• 2012

이 논문은 물류배송의 불확실성하에서의 생산자의 배송전략 문제를 다루고 있다. 즉 생산자의 배송수량이 전량 온전한 상태로 소매업체의 창고에 배송되지 못하는 상황을 고려한 것이다. 물류배송의 불확실성을 묘사하기 위해 물류배송을 위해 사용되는 개개의 트럭 또는 선박으로부터 발생되는 파손 제품의 수가 가각 독립적이며 동일한 확률분포를 따른다는 가정이 사용되었다. 또한, 최초 배송수량과 배송을 위해 사용된 전체 트럭 또는 선박의 대수를 기존의 단일구간 신문팔이 소년 문제에 적용하여 생산자의 이익함수를 구성하였다. 구성된 생산자의 이익함수를 이용하여 생산자의 기대 이익을 최대화하는 최적의 최초 배송수량 및 배송시 필요한 최적의 트럭 또는 선박의 대수를 계산해 내기 위한 최적해를 제시하였다. 마지막으로 이익함수 모델에서 사용된 다양한 파라미터 값의 조합에 따른 최적해의 움직임을 시뮬레이션을 통해 알아보았다．

• IE interfaces
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• v.11 no.1
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• pp.1-14
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• 1998

Various problems on logistics systems have been dealt with recently as research issues since they were regarded critical for taking up a better position in the increasingly competitive global market. In particular, the freight transportation is considered as a key factor which affects the economic competitiveness of a whole nation as well as the production cost of individual companies. The objective of this study is to identify main issues and review recent foreign and domestic studies related to the freight transportation. The studies are classified into two categories according to the hierarchical level in the decision making process: infra structure design and transportation strategies, service design and operation. Main issues are introduced with a brief review on the related literature and methodologies applied.

• Journal of Global Scholars of Marketing Science
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• v.3
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• pp.235-251
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• 1999

This research deals with the basic ideas and implementation used for developing competitive advantage in the market they serve. The market to which a company belongs is continuously evolving, not static. Therefore, the company is required to adopt a suitable strategy in the market it serves. Marketing strategy establishment requires continual adjustment in the strategy content and redirection in organizational actions to address emerging market problems and opportunities. Much of the strategic implementation is characterized by firefights aimed at solving emerging, unforeseen problems. The concept of strategy was originally introduced to provide companies with a rational means of coping with environmental changes. An old Oriental proverb said that "knowing myself and then understanding others is the best way to success". In line with the proverb, the starting point of marketing strategy establishment for the competitive advantage is to understand the activities of a company wholly. After analyzing the scope of its activities, a company has to understand the market structure, to review competitive environments, to formulate the base of the competitive strategy and to adopt differentiation strategies for obtaining the competitive advantage.

• Management Science and Financial Engineering
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• v.17 no.1
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• pp.65-78
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• 2011

In the continuous review (Q, r) model one continuously monitors inventory level and places a replenishment order when the inventory position reaches the reorder point. In many business practices, however, inventory decreases in a discrete fashion. As a result, replenishment orders are usually placed after the inventory position gets far below the reorder point. This makes a chance of shortage more likely and the service level lower than designed. Such a discrepancy can be compensated for by raising the reorder point to some extent. The question is how much the reorder point should be raised in order to compensate for a potential shortage. In this study, we present experimental analyses for this question. Regression models are also proposed for on-site use.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.20 no.2
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• pp.123-135
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• 2016

This article deals with the pricing of Asian options under a constant elasticity of variance (CEV) model as well as a stochastic elasticity of variance (SEV) model. The CEV and SEV models are underlying asset price models proposed to overcome shortcomings of the constant volatility model. In particular, the SEV model is attractive because it can characterize the feature of volatility in risky situation such as the global financial crisis both quantitatively and qualitatively. We use an asymptotic expansion method to approximate the no-arbitrage price of an arithmetic average Asian option under both CEV and SEV models. Subsequently, the zero and non-zero constant leverage effects as well as stochastic leverage effects are compared with each other. Lastly, we investigate the SEV correction effects to the CEV model for the price of Asian options.