• 제목/요약/키워드: Interest Value

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Evaluation of Economic Alternatives with Dynamic Measures (동태적 측도를 이용한 경제성 평가)

  • Park, Choon-Yup
    • Journal of Korean Institute of Industrial Engineers
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    • v.24 no.1
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    • pp.51-59
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    • 1998
  • This paper presents a new present value measure, the dynamic present value, or DPV. DPV takes into account not only the value of the realized cash flow but also that of potential cash flow. The DPV approach enables the analyst to observe differences in the present value of the alternatives every period over the whole time period of interest. This is the most fundamental advantage of the DPV approach over the traditional present value approach in which the present value of the alternatives is evaluated only one particular point of time. The concepts of the realized and potential cash flows are also developed in this paper. These new concepts are found to be useful elements in evaluating economic alternatives.

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Enhancing Value of Public Construction Projects by Improving Contract Review Process

  • Song, Sang-Hoon;Bang, Jong-Dae;Cho, Gun-Hee;Sohn, Jeong-Rak;Jung, Sang-Ho
    • Land and Housing Review
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    • v.2 no.4
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    • pp.479-489
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    • 2011
  • This study aims to suggest the method to enhance the value of public construction project during contract review process considering budget reduction for project profit and public interest enhancement simultaneously. The main results of this study are as follows: (1) Current method are considered to be improved from the point that cost reduction through current method could influence performance of the object of contract without conforming to user requirements or facilities' function. (2) In order to supplement current process, the method to evaluate the variation of performance and value was established based on facility type, participants on each phase, and their requirement. (3) Case study was conducted to verify suggested method, and showed the successful application in enhancing the value of construction projects on public sector.

A Study on Optimum Value of Design Parameter of Multivariate EWMA and CUSUM charts for Monitoring Dispersion Matrix

  • Chang, Duk-Joon
    • Journal of Integrative Natural Science
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    • v.14 no.3
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    • pp.116-122
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    • 2021
  • Properties and comparison of multivariate CUSUM and EWMA charts for monitoring Σ of multivariate normal N(${\underline{\mu}}$, Σ) process has considered. Comparison of the performances of the considered charts, the numerical values are obtained by simulation with 10,000 iteration in terms of ATS, ANSS and ANSW. We found that EWMA chart with small values of smoothing constant more effectively detects the process changes than with large smoothing constant. And we also found that CUSUM chart with small value of reference value is more effectively detecting the process change than with large reference value. If a process engineer has interest in detecting small amount of shift rather than large shift, he/she can be recommended to use small smoothing constant in EWMA chart and small reference value in CUSUM chart.

The Brand Love-Loyalty Link of Korean Cosmetics in China: The Moderated Moderation Effects of Hedonic/Utilitarian Shopping Value and Gender Difference (중국시장에서 한국화장품의 브랜드 사랑과 충성도의 관계: 쾌락적/실용적 쇼핑 가치와 성별차이의 조절적 조절효과)

  • Ha, Hong-Youl
    • Korea Trade Review
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    • v.44 no.5
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    • pp.17-28
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    • 2019
  • Although brand love is a major interest in global business, very little is known about how the effects of brand love are affected by relevant constructs. This study examines how the brand love-loyalty link is moderated by shopping value (hedonic vs. utilitarian) and how the moderated moderation effect of gender difference influences the consumer-brand relationship. Based on a unique dataset of 254 Chinese consumers of Korean cosmetic brands in China, we tested our proposed hypotheses using Regression PROCESS macro (model = 3). One of our novel findings is that brand love has a positive influence on brand loyalty. However, this relationship is sensitive to moderators. Regarding the brand love-loyalty linkage, consumers who seek hedonic shopping value is higher than consumers who seek utilitarian shopping value. In particular, female consumers are more passionate and loyal than male consumers. Finally, male consumers seeking hedonic shopping value feature greater brand love-loyal linkage than other consumers; however, this effect is very limited.

A Study on the Changes in Consumer Perceptions of the Relationship between Ethical Consumption and Consumption Value: Focusing on Analyzing Ethical Consumption and Consumption Value Keyword Changes Using Big Data (윤리적 소비와 소비가치의 관계에 대한 소비자 인식 변화: 소셜 빅데이터를 활용한 윤리적 소비와 소비가치의 키워드 변화 분석을 중심으로)

  • Shin, Eunjung;Koh, Ae-Ran
    • Human Ecology Research
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    • v.59 no.2
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    • pp.245-259
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    • 2021
  • The purpose of this study was to analyze big data to identify the sub-dimensions of ethical consumption, as well as the consumption value associated with ethical consumption that changes over time. For this study, data were collected from Naver and Daum using the keyword 'ethical consumption' and frequency and matrix data were extracted through Textom, for the period January 1, 2016, to December 31, 2018. In addition, a two-way mode network analysis was conducted using the UCINET 6.0 program and visualized using the NetDraw function. The results of text mining show increasing keyword frequency year-on-year, indicating that interest in ethical consumption has grown. The sub-dimensions derived for 2014 and 2015 are fair trade, ethical consumption, eco-friendly products, and cooperatives and for 2016 are fair trade, ethical consumption, eco-friendly products and animal welfare. The results of deriving consumption value keywords were classified as emotional value, social value, functional value and conditional value. The influence of functional value was found to be growing over time. Through network analysis, the relationship between the sub-dimensions of ethical consumption and consumption values derived each year from 2014 to 2018 showed a significantly strong correlation between eco-friendly product consumption and emotional value, social value, functional value and conditional value.

The Effect of Work Values of Korean medicine college students on Major Commitment and Major Satisfaction (한의과대학 학생의 직업가치가 전공몰입, 전공만족에 미치는 영향)

  • Lee, Jeong Won;Kim, Gyeong Chul
    • Journal of Society of Preventive Korean Medicine
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    • v.24 no.1
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    • pp.49-56
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    • 2020
  • Objective : The purpose of this study is to determine the Work value of Korean medicine college students and check how the Work value of college students affects major commitment and major satisfaction. Method : The data for this study were collected through a self-administered survey to 207 subject from students enrolled in the University in B city. Frequency analysis, repeated measures ANOVA, multiple regression analysis were used for the statistical analysis. Results : As a result of analyzing the occupational value of students enrolled in the College of Korean Medicine, the pursuit of professionality and interest was the highest, the pursuit of achievement was the next highest, and the pursuit of diversity and change was the lowest. As a result of the multiple regression analysis, pursuit of achievement and professionality had a positive(+) effect, and pursuit of ease had a negative(-) effect on the major commitment. Also, the pursuit of professionality and interest had a positive(+) effect, and pursuit of ease had negative(-) effect on major satisfaction. Conclusion : In order to increase students' major commitment and satisfaction, it is necessary to make efforts to compose the programs and educational contents that can satisfy these values. In addition, the efforts of universities and professors are needed to help students establish the correct their work value.

Multi-Modal User Distance Estimation System based on Mobile Device (모바일 디바이스 기반의 멀티 모달 사용자 거리 추정 시스템)

  • Oh, Byung-Hun;Hong, Kwang-Seok
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.14 no.2
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    • pp.65-71
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    • 2014
  • This paper present the multi-modal user distance estimation system using mono camera and mono microphone basically equipped with a mobile device. In case of a distance estimation method using an image, we is estimated a distance of the user through the skin color region extraction step, a noise removal step, the face and eyes region detection step. On the other hand, in case of a distance estimation method using speech, we calculates the absolute difference between the value of the sample of speech input. The largest peak value of the calculated difference value is selected and samples before and after the peak are specified as the ROI(Region of Interest). The samples specified perform FFT(Fast Fourier Transform) and calculate the magnitude of the frequency domain. Magnitude obtained is compared with the distance model to calculate the likelihood. We is estimated user distance by adding with weights in the sorted value. The result of an experiment using the multi-modal method shows more improved measurement value than that of single modality.

Economic value of the Koeran mudflat wetland (우리나라 갯벌의 경제적 가치)

  • Choi, Mi Hee
    • Journal of Wetlands Research
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    • v.6 no.1
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    • pp.89-104
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    • 2004
  • In the aftermath of nation-wide controversy over "conservation vs. development" of the costal wetland in the Saemangeum, Korea could legislate the laws of wetland conservation and costal management in 1998. Since then, the public interest in the costal mudflats and its conservation has increased greatly, but the controversy on the economic value of mutflat wetland and the futher (un)necessity of reclamation) is not yet settled. In the cases of Korea dealt, economic valuation of wetland was performed mainly in the milieu of reclamation(development) vs conservation conflict, or from interest of recreational use. Korean studies used to estimate economic value of development case and conservation case respectively and then tried to compare these two value, as is sometimes done also in other countries. But the scrutiny of the results of these studies leads us to conclude that the revealed wide discrepancy among estimated values, above all other methodological problems, denies any practical applicability to the actual policy use. Benefit transfer as a convenient alternative method of valuation can not be usable either in our cases, because there is too few reliable estimated economic values of mudflat wetlands.

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A Study on Clothing Behavior and Clothing Purchasing Behavior based on Value of University Students (남녀 대학생의 가치관에 따른 의복행동 및 의복구매행동 연구)

  • Park Hye Won;Kim Hyun;Lim Sook Ja
    • Journal of the Korean Society of Clothing and Textiles
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    • v.29 no.1 s.139
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    • pp.103-113
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    • 2005
  • This study was intended to examine factor structure of value and clothing behavior and the effects of value on clothing behavior, to investigate clothing behavior and clothing purchasing behavior of the groups segmented by the value factors and the difference of those between male group and female group and to provide useful information for establishment of marketing strategies. The subjects were 575 university students. A total of 575 questionnaires was analyzed with factor analysis, cluster analysis, ANOVA, Duncan's multiple range test, ${\chi}^2-test$, regression analysis, and correlation analysis. The results were as follows: 1. Value was composed of 2 factors: personal orientation value and social orientation value. Clothing behavior were composed of 9 factors: interest, fashion, statue symbol, individuality, psychological dependence, comfort, aesthetic sense, economical efficiency, and social approval. 2. Clothing behavior and clothing purchasing behavior were significantly different among 3 groups segmented by 2 value factors. 3. The effects of value on clothing behavior was significantly different. 4. The effects of value on clothing behavior, clothing behavior and clothing purchasing behavior between male group and female group were different.

The Influence of Consumption Values and Materialism/Voluntary Simplicity on Attitudes Toward Eco-Friendly Fashion Products -A Study of College Students in Seoul-

  • Jin, Hyun-Jeong
    • Journal of Fashion Business
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    • v.24 no.6
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    • pp.109-119
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    • 2020
  • As interest in the environment increases, consumers increasingly choose to buy products with eco-friendly production processes. The purpose of this study was to determine the effect of consumption values and materialism/voluntary simplicity on the attitudes and purchase intentions toward eco-friendly fashion products. A survey of university students in Seoul was conducted and 203 questionnaires were analyzed using SPSS 23.0. The consumption values consisted of six factors: subjective value, novelty value, social value, brand value, practical value, and health/safety value. Materialism/voluntary simplicity was grouped into two factors of materialism pursuit and voluntary simplicity pursuit. Brand values were found to negatively affect attitudes toward eco-friendly fashion products. The more one pursued brand names, the more negative was one's attitude toward eco-friendly fashion products. Health/safety values had a positive effect on purchase intentions for eco-friendly fashion products and voluntary simplicity pursuit had a positive effect on both attitudes and purchase intentions. The materialist group had high subjective value, novelty value, social value, and brand value among the consumption values, and the voluntary simplicity-seeking group tended to pursue the value of health and safety. This study was meaningful in that it identified the characteristics of consumers showing favorable attitudes toward eco-friendly fashion products.