• Title/Summary/Keyword: Inventory Intensity

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A Study on Determinants of Inventory Turnover using Quantile Regression Analysis (분위회귀분석을 이용한 재고회전율 결정요인 분석)

  • Kim, Gilwhan
    • Asia-Pacific Journal of Business
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    • v.13 no.1
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    • pp.185-195
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    • 2022
  • Purpose - This study attempts to analyze the determinants of inventory turnover by applying quantile regression analysis. Design/methodology/approach - By selecting the gross margin, capital intensity, and sale surprise as the determinants of inventory turnover, we investigate their effects on inventory turnover at the several quartiles (10%, 25%, 50%, 75%, 90%) of inventory turnover with quantile regression analysis. Findings - The effects of gross margin and capital intensity on inventory turnover are different for each quartile. But the effects of sale surprise on inventory turnover are not different for each quartile. Research implications or Originality -This study is the first attempt to examine the effects of inventory turnover determinants on inventory turnover by applying quantile regression analysis was not employed in the prior studies. Thus, this study is meaningful in that it shows the possible way to review inventory management strategies that can be applied differently to the firms with different inventory turnover levels.

The Effect of Leverage, Earning Management, Capital Intensity, and Inventory Intensity on Tax Aggressiveness of Manufacturing Companies in Indonesia

  • OKTAVIANI, Rachmawati Meita;PRATIWI, Yayang Eka;SUNARTO, Sunarto;JANNAH, Afifatul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.7
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    • pp.501-508
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    • 2021
  • The largest source of revenue in Indonesia comes from the taxation sector. Taxes increase the state revenue, which the government utilizes for building public facilities and infrastructures, providing subsidies to the public, financing public interests, and so on. In addition to producing revenue, taxes may be used to promote economic stability. Thus, this study aims to examine and analyze the financial aspects of tax aggressiveness. The financial aspects include leverage, capital intensity, inventory intensity, and earning management. The population used in this study was manufacturing companies listed on the Indonesia Stock Exchange (IDX) for the 2016-2019 period. Data analysis was carried out based on Eviews, with a selected sample of 32 companies of four observation years. Therefore, the number of samples was 128. The results of this study revealed that the best estimation model to use is the Fixed Effect Model (FEM). This study proved that leverage and earning management had a positive and significant effect on tax aggressiveness. In contrast, capital intensity and inventory intensity did not affect tax aggressiveness. In addition, the result of this study is still far from perfect. It is, therefore, hoped that further research can add other variables to find better results.

The Relationship of Stress Perception and Psychopathology with Intensity of Tinnitus in Patients with Tinnitus (이명환자들에서 스트레스지각 및 정신병리와 이명강도 간의 관계)

  • Koh, Kyung-Bong;Kim, Hee-Nam;Lee, Ho-Ki;An, Suk-Kyoon
    • Korean Journal of Psychosomatic Medicine
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    • v.5 no.2
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    • pp.151-157
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    • 1997
  • The relationship of stress and psychopathology with subjective or objective tinnitus intensity was investigated in 43 patients with tinnitus. Global assessment of recent stress scale, Beck depression inventory and symptom checklist-90-revision were used to measure stress perception and psychopathology. Subjective tinnitus intensity was assessed by subjective tinnitus severity inventory, whereas objective tinnitus intensity was assessed by tinnitogram. Scores of perceived stress related to interpersonal relationship and sickness or min had significantly positive correlation with subjective tinnitus intensity. In psychopathology, scores of somatization, interpersonal sensitivity, depression, anxiety, phobia, paranoid ideation, psychoticism had significantly positive correlation with subjective tinnitus intensity. However, stress perception and psychopathology did not significantly correlate with objective tinnitus intensity. These findings suggest that tinnitus may be associated with stress perception and multiple psychopathology including anxiety and depression. Thus, it is emphasized that Psychosocial intervention as well as effective consultation-liasion activity is needed for evaluation and treatment of patients with tinnitus.

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The Effect of Microcurrent Stimulation on Pain and Quality of Life in Women with Primary Dysmenorrhea

  • Minkyoung Kwon;Wonjae Choi
    • Physical Therapy Rehabilitation Science
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    • v.12 no.3
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    • pp.293-299
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    • 2023
  • Objective: This study aimed to investigate the potential benefits of microcurrent stimulation as a non-invasive therapeutic approach for managing pain and improving the quality of life in women suffering from primary dysmenorrhea. Design: A case study. Methods: This study was conducted, involving a cohort of 6 women diagnosed with primary dysmenorrhea, aged between 20 to 30 years. Participants were received microcurrent stimulation using low-intensity microcurrents for 30 minutes every day for 4 weeks. The intensity of microcurrent stimulation was 25 μA and the frequency was 8 Hz. The intervention was administered between the menstruations, with pain intensity and quality of life being assessed at baseline, and then at the end of menstrual cycle. Pain intensity was evaluated using a visual analog scale (VAS) and menstrual symptom questionnaire (MSQ), while the quality of life was assessed through the stress response inventory (SRI), state trait anxiety inventory (STAI), center for epidemiologic studies depression (CES-D), and menstrual distress questionnaire (MEDI-Q). Results: After the intervention, participants demonstrated a statistically significant reduction in pain intensity, as evidenced by improved VAS scores (p<0.05). However, the changes in MSQ scores did not reach statistical significance. Regarding quality of life measures, no statistically significant differences were found in the SRI, STAI, CES-D, and MEDI-Q scores after the intervention (p>0.05). Conclusions: This study suggest that microcurrent stimulation holds promise as a potential treatment option for alleviating pain associated with primary dysmenorrhea.

An Empirical Study on Emotional Intensity and the Influence of Product Involvement in the Context of the Integrative Framework

  • Pradip Hira, Sadarangani;Sanjaya S., Gaur
    • Journal of Global Scholars of Marketing Science
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    • v.12
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    • pp.99-119
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    • 2003
  • A model is proposed for the role of emotional intensity of a web site, and the moderating influence of product involvement, in the Integrative Framework of persuasion (Meyers-Levy and Malvaiya 1999). The model also appropriately operationalizes the constructs emotional intensity of a web site and product involvement The three routes to persuasion, Central, Peripheral, and Experiential correspond to high, moderate, and low involvement (Meyers-Levy and Malaviya 1999). The involvement construct is measured from message recipients using the Personal Product Inventory (Pill, which was developed to capture the concept of product involvement (Zaichkowsky 1985). The conceptualization of the Personal Product Inventory is a contextrree measure that also has robust psychometric properties when applied to advertisements (Zaichkowsky 1994). The propositions highlight the expected importance of emotional intensity of a web site. The moderating influence of product involvement is also proposed. Specifically, what this work proposes is that the emotional intensity of a product site has a larger impact on attitude change under low product involvement, as opposed to moderate product involvement. Support for this reasoning can be found in the persuasion literature (Petty et al 1986). The Petty et al (1986) frame work is a dual process descriptive and predictive frame work in the area of altitude formation and change. Recently, Myers Levy and Malaviya (1999) have proposed a tri-process framework. This is in tum based on the dual process model of Petty et al. (1986). The study outlined in this paper aims to deepen the Meyers Levy and Malaviya (1999) and frame work. The propositions outlined in the model are empirically tested using a repeated measures experimental design. The emotional intensity is measured using a scale that is based on experts judgments. Using a paired comparison t-test two sites are determined to be of high and low emotional intensity. The model is tested using a repeated measures experimental design. The first independent variable Emotional Intensity of the site is manipulated. The Second independent variable, Personal Product Inventory is measured. While, the dependent variable, product altitude change will also be measured. Utilizing Analysis of Variance (ANOVA) the data is analyzed using SPSS. The results suggest that besides the rational content of messages their emotional content can also influence attitude change. Specifically, it is proposed that the manipulation of emotional intensity of a product Web site has a greater impact on product altitudes under high and low product involvement conditions, rather than moderate product involvement. However, the results for product involvement as a continuous variable has a p value of 0.09. Further, the results for three levels of product involvement were far from significant. For two levels of product involvement also, the results were insignificant, the p value approached 0.20. This evidence indicates that it is premature to conclude that there are three routes to persuasion. A caveat, however, must be added, in that the manipulations may not have been strong enough to test the proposed hypotheses. Further, undoubtedly, there is unequivocal evidence the emotional intensity of a product Web site, as measured here, has a direct impact on product attitudes.

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Effect of System Operator on Dynamic Multi-Stage Inventory Problems (System operator가 다단계재고동적(多段階在庫動的) system 에 미치는 영향(影響)에 관(關)한 연구(硏究))

  • Kim, Man-Sik
    • Journal of Korean Institute of Industrial Engineers
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    • v.3 no.1
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    • pp.39-47
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    • 1977
  • Most of the current literature on inventory theory has been devoted to the study of single stage models. A class of inventory problems which is of great interest is the multistage inventory system which involves a series and hierarchical sequence of stations. This study analyzes some aspect of the series type and multi-stage inventory system, using the fixed cycle ordering which bas a modificatory control function in the system equations. The objective of this study is to clarify the dynamic behavior of the system. The author has derived the theoretical formulas of variation of ordering quantity and stock fluctuation of each stage due to power spectral density function. Influence of parameters such as, (1) intensity of autocorrelation of demand sequence ($\lambda$), (2) forecasting exponential smoothing factors of each stage (${\alpha}_1,\;{\alpha}_2,\;{\alpha}_3$) and (3) production control factor of the 3rd stage ($\gamma$), as operators of the system on the variation of ordering quantity and stock fluctuation of the system. is also clarified. As a result of this study, the relations between the variation of ordering quantity, stock fluctuation and the parameters of the system, have been found. The principles and the theorical analysis presented here will be applicable to more complex type of discrete control systems in constructing the specific condition of the system to minimize inventory variances.

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Measurement of odor compounds from odorous emissions source of Industrial Complex (산업단지에서 배출되는 악취원인물질의 규명)

  • An Sang-Young;Choi Sung-Woo
    • Journal of Environmental Science International
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    • v.14 no.1
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    • pp.81-89
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    • 2005
  • As a typical example of simultaneous analysis of the odorous compounds, the volatile organic compounds from inventory sources in Seongseo industrial area were concentrated and analyzed with thermal desorber/GC/MSD, and major malodorous compounds were estimated. Odor intensity and odor concentration was analyzed simultaneously During a period from November in 2002 to December in 2003, this study was conducted to evaluate malodor emission characterization in major treatment facilities. The major components were Dimethyl sulfide, Dimethyl disulfide, Methyl mercaptane, Ammonia, Benzene, Toluene, m,p-xylene, o-xylene, Styrene, 1,2,4­T.M.B and 1,3,5-T.M.B. Among the six major inventory sources, the odor unit concentration of Night-soil disposal facilities was the highest, $669\~2344\;ou/m^{3}.$

'Hillslope Erosion Assessment using 137Cs radionuclide in Granite and Sedimentary rock basins in South Korea'

  • Orkhonselenge, A.;Tanaka, Y.;Kim, Song-Hyun;Kim, Yong-Kyun
    • Proceedings of the Korean Quaternary Association Conference
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    • 2005.06a
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    • pp.7-11
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    • 2005
  • The soil erosion processes have estimated using spatial distribution of 137Cs radionuclide in Granite and Sedimentary Hillslopes in South Korea. The local variability of 137Cs inventory indicates that was related positively to organic matter content, clay content and water content and negatively to hydraulic permeability and slope gradient for bulk samples in different landforms within Granite and Sedimentary rock basins. The vertical variability of 137Cs inventory shows that most of 137Cs concentration and organic matter were accumulated between 0 and 2cms and gradually decrease with soil depth in incremental samples in both basins. The vertical variability of 137Cs inventories shows that 137Csinventories increase as we go to toward downslope in both basins. Finally, the soil loss values indicate that hillslope erosion processes are more intensive in Granite rock basin than those in Sedimentary rock basin.

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Development of Water Footprint Inventory Using Input-Output Analysis (산업연관분석을 활용한 물발자국 인벤토리 개발)

  • Kim, Young Deuk;Lee, Sang Hyun;Ono, Yuya;Lee, Sung Hee
    • Journal of Korea Water Resources Association
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    • v.46 no.4
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    • pp.401-412
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    • 2013
  • Water footprint of a product and service is the volume of freshwater used to produce the product, measured in the life cycle or over the full supply chain. Since water footprint assessment helps us to understand how human activities and products relate to water scarcity and pollution, it can contribute to seek a sustainable way of water use in the consumption perspective. For the introduction of WFP scheme, it is indispensable to construct water inventory/accounting for the assessment, but there is no database in Korea to cover all industry sectors. Therefore, the aim of the study is to develop water footprint inventory within a nation at 403 industrial sectors using Input-Output Analysis. Water uses in the agricultural sector account for 79% of total water, and industrial sector have higher indirect water at most sectors, which is accounting for 82%. Most of the crop water is consumptive and direct water except rice. The greatest water use in the agricultural sectors is in rice paddy followed by aquaculture and fruit production, but the greatest water use intensity was not in the rice. The greatest water use intensity was 103,263 $m^3$/million KRW for other inedible crop production, which was attributed to the low economic value of the product with great water consumption in the cultivation. The next was timber tract followed by iron ores, raw timber, aquaculture, water supply and miscellaneous cereals like corn and other edible crops in terms of total water use intensity. In holistic view, water management considering indirect water in the industrial sector, i.e. supply chain management in the whole life cycle, is important to increase water use efficiency, since more than 56% of total water was indirect water by humanity. It is expected that the water use intensity data can be used for a water inventory to estimate water footprint of a product for the introduction of water footprint scheme in Korea.

The Three-year Effect of Thinning Intensity on Biomass in Larix kaempferi and Pinus koraiensis Plantation

  • Chhorn, Vireak;Seo, Yeongwan;Lee, Daesung;Choi, Jungkee
    • Journal of Forest and Environmental Science
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    • v.36 no.1
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    • pp.17-24
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    • 2020
  • This study aimed to figure out and compare the increment of biomass by thinning intensity focused on the plantation of the two major coniferous species (Larix kaempferi and Pinus koraiensis) of South Korea. The inventory interval was three years under the effects of three types of thinning treatments; control (no thinning), light (20% thinning) and heavy (40% thinning). The results showed standing biomass increment of both species decreased as thinning intensity increased (heavylight>control). Meanwhile, the lowest of on-site biomass changes occurred in the control plot, and the greatest was in the heavy thinning plot because thinning was involved with leaving the felling residual biomass (leaves, branches and roots) on the site. According to the results from this short-term study, unthinned stands is preferable for maximizing standing biomass as well as carbon sequestration. However long-term investigation should be considered in order to see more clear results.