• East Asian Journal of Business Economics (EAJBE)
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• v.4 no.4
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• pp.21-23
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• 2016

There are so much oil and gas reserves in Iran. Therefore extraction from these reserves and sell extracted oil and gas in international markets causes to high oil income for Iran. Especially in some years which oil price increases, our oil income was too high. In this paper, we want to reveal that, high oil income is not cause to rise of nonoil export. For this aim, we use from data of 1971-2013 and with Johansen co-integration test and Error Correction Model (ECM) extract short run and long run relations. Results of estimation reveal that in Iran high oil income is not cause to many non oil exports in long run and short run. Therefore, we should allocate oil income to import industrial machines and reallocate them to agriculture and industrial sectors which causes to raise national production which will cause to high non oil export. Then, in this condition, our needy exchanges are provided from non oil export and our dependence to oil income will be declined.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.53
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• pp.23-35
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• 1999

Since on-time delivery is becoming increasingly important in today's competitive markets, the development of effective scheduling methodologies to meet customer needs through on time delivery is of vital importance for the well-being of companies. The objective of this study is to develope a general heuristic algorithm for scheduling both the static and dynamic problems under certain on-time delivery criteria. For the problems with due-date related, we present insights for minimizing the number of tardy jobs and propose a heuristic scheduling algorithm. Experimental results show that the proposed algorithm performs significantly better than other dispatching rules within reasonable computation time, specially in the environment of strong competition for resources.

• Journal of Korean Institute of Industrial Engineers
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• v.25 no.4
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• pp.476-489
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• 1999

This paper is concerned with the deployment of core technologies for automotive steel sheets, based on the structural change of global market. The main tasks of automotive industry are to ensure the energy consumption, environmental regulations, and driving safety. With social and legal requirements, this study analyzes the market creation processes with technological innovations for hot rolled, cold rolled and galvanized steel sheets during the 20th century. It has been proven that the leading country in the steel industry was also that in the automotive. The purchaser-supplier relations of sheet materials are then patternized in the regional markets of the United States and Japan, who share nearly 50% of market in the world. According to the paradigm shift of globalization, the balance of power in Porter's 5 forces has been moved to the buyers', and both industries pursue Win-Win strategies such as the PNGV(Partnership for a New Generation of Vehicles ) and design-in system with the competition.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.892-893
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• 2007

Industrial interest in switched reluctance motor (SRM) drives has varied since 1850s. This has been primarily due to the emerging markets for variable speed drives in consumer and industrial products, such as home appliances, air conditioning, hand tools, fans, pump motor, etc. However, SRM has been plagued with the acoustic noise and vibration problem by input power of fixed section. Therefore, This paper offers operating characteristics by dynamic simulation through the generalization of inductance profile and estimation of inductance according to current. the control methode are applied from DSP(digital signal processor) with voltage reference and position detection.

• Journal of Industrial Convergence
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• v.3 no.1
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• pp.3-18
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• 2005

The purpose of this study is to examine the relationship between KOSPI200 Futures and KTB Futures in inter market and intra market. We are focusing on which market would be lead. The empirical results have indicated that there are no lead or lag effect between KOSPI200 Futures and KTB Futures market. But some positive correlation appeared, we used to know negative correlation between stock and bond market, which is a new finding. As a conclusion, the market still have an efficiency with co-movement.

• Journal of Industrial Convergence
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• v.4 no.1
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• pp.39-65
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• 2006

Many researches on online shopping malls have been studied actively in domestic and foreign countries. As the life style of domestic consumers have changed, the role of traditional markets have been replaced by that of discount retail stores. However, there have been a little research on domestic discount retail stores. This paper provides empirical evidence on the relationship between perceived value, trust, satisfaction, and repurchase intention based on a discount retail store in Gyeongnam province. The result show that trust and satisfaction act as a mediating variable on the relationship between perceived value and repurchase intention.

• Journal of Korea Society of Industrial Information Systems
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• v.15 no.5
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• pp.287-298
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• 2010

As business needs are accelerating exponentially due to globalization and other market forces, companies regardless of its size need data which can operate flexibly and rapidly across disappearing physical and organizational borders. To meet the growing Enterprise Resource Planning [ERP] needs for small and medium sized firms, large ERP vendors have introduced new and inexpensive products to these markets. They can customize to businesses of all sizes as long as they have the need for the services and the budget to support the system. Based on the observations in this research, most ERP vendors, regardless of their size, are now focusing more on improving the implementation curve and reporting capabilities through compartmentalizing business applications along industry verticals. Also ERP systems are becoming more open thereby consultants and subject matter experts now have the opportunity to create modules based upon verticals to form a best-of-breed ERP implementation. of enterprises.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.10
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• pp.4432-4439
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• 2012

Previous studies on art pricing mostly focused on auction data because of the limitation of non-auction market data. This study investigated on both auction and non-auction markets to see the difference in art pricing mechanisms of both markets. Especially, while prior hedonic models included only quantatative variables to predict art prices, we added a qualitative measure, artistic value of a artwork, along with the original hedonic model to develop a more comprehensive model, and tested if his change may make more precise predictions. As a result, when we did not divide our data into auction and non-auction groups, we did not find any significant difference between the original hedonic model and the new model including artistic value. However, when we separated non-auction group from auction group, we found that predicted prices in the new model showed significantly closer values to the actual prices. This study contributes to our knowledge on art pricing by showing that artistic value may have important but differential impacts on different art dealing channels.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.6
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• pp.3870-3881
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• 2015

This study examined one of the contemporary issues on debate to identify any significant financial determinants on the cash holdings of the cheabol firms in the Korean domestic capital markets. Several important findings on the financial characteristics affecting the cash holdings were evidenced by utilizing various methodologies for statistical estimations. Financial or managerial implications with discussion were provided for the pronounced factors such as CASHFLOW, MVBV, REINVEST, and AGENCY. Assuming that the chaebol firms were overall subject to the financial constrains, they may increase or stockpile cash reserves as internal capital for future investment opportunities or repayment of existing debt, rather than external financing burdened by a high cost of capital. Given the on-going controversy on the optimal level of corporate cash holdings coupled with any foreseeable capital transfer among the associated nations through the investment vehicles such the FTAs (Free Trade Agreements) or TPP (Trans-Pacific Pacts), any empirical findings of the study may shed new light on identifying financial determinants which may significantly affect the level of cash holdings for the business conglomerates, the 'chaebol' firms, in the Korean capital markets.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.11
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• pp.287-294
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• 2018

This thesis covers legal aspects of the crypto-currency exchange and the legal rights of crypto-currencies holders. Unlike financial markets in which central authorities or intermediaries determine the validity of transactions and manage records, crypto-currency markets utilize a decentralization system based on block chain technology. Such distinct characteristics distinguish crypto-currency from currency, notes, or financial instruments. Therefore, we need to check closely the legal principles that are applicable to crypto-currency. Crypto-currency users possess rights indirectly through the crypto-currency exchange. However, we should look at whether crypto-currency can be an object of ownership. This research found that legal protection for crypto-currency exchanges are limited. Domestic laws have many shortcomings to protect users' rights. This study found that users who incurred damages due to internet computation errors at exchanges require a protective system like stock markets. Therefore, studies on the legal controls and system regulations are required to protect users' rights. Also, crypto-currency information exchanges keep inside and protections for users' private information need to be further examined.