• The Journal of Information Technology
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• v.1 no.2
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• pp.245-263
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• 1998

Buyers are transforming their relations with suppliers. For examples, Instead of playing off dozens or even hundreds of competing suppliers against each other, many firms are finding it more profitable to work closly with only a small number of ＂partners＂. If will facilitate a move from single-supplier arrangements(＂hierachies＂) to mutiple supplier arrangement(＂markets＂) because it reduces the costs of coordination with suppliers. According to this logic, Technological developments which lower the cost of acquiring information about prices and product characteristics in a given market should increase to the nymber of tends to lower coordination costs, it wide adoption should lead to an increase in the number of suppliers for most firms, other things being equal. An efficient merket is defined a one that reduces the numer of intermediaries, or the number of Intermediary steps necessary of market tracsaction. It is true that one can order some products via mail order, which reduces the number of intermediaries and cuts transaction costs further Similary, the growth of a global commerce nerwork such as the internet may futher reduce the number of intermediary steps necessary for trade.

• Architectural research
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• v.13 no.3
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• pp.31-40
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• 2011

Profit-keeping behaviors naturally occur in the market to satisfy consumers, and the logic behind it lies in the economies of scale. On the flip side, some commodities transacted in the market are not available or can not be easily acquired unless the demand is high enough. Under this proposition, some consumers rise and find their own solution to meet the services at a reasonable cost or at an adequate level. The commonly adopted way is to establish a cooperative, and it stirs purchasing power by pooling resources and further bargains price and service quality. As a consumer cooperative, housing cooperatives notably found in rural towns enable the elderly to continue independent living. This study is to take a closer look at residential life of the rural elderly in housing cooperatives. Utilizing in-depth focus group interviews with 40 residents in four housing cooperatives, this qualitative research draws main factors affecting the decision to move in, residential assessment, and strengths and weakness of living in a housing cooperative. The primary factor influencing the moving decision is to continue to independent living in a familiar community, and the bottom line is planning ahead. Frailty and bereavement are found to be the leading occasions for them to move. The participants are satisfied with the independent living arrangement, and particularly, cited such features as safety and security, elderly-friendly design, common spaces, freedom, social activities and efficient living. Also, it is stated that some cooperative natures such as control over the property and giving a voice on management render positive impacts on the satisfaction with communal living. In spite of all the benefits and strengths, participants face with a public notion that an independent living arrangement like a housing cooperative has never done before in rural towns, so that most people recognize it as part of dependent living arrangements like nursing home.

• Korean journal of communication and information
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• v.56
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• pp.7-25
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• 2011

The purpose of this paper is to start off a debate in the current situation in which there exists two different logics about a newspaper company expanding their business field to the broadcasting market. In order to analyze the implications of the phenomenon, three points are raised and analyzed. First, Chosun-Ilbo, Jungang-Ilbo and Donga-Ilbo, who had a permission to get into the broadcasting arena, did not make their logic based on the fact while deriving the public opinion to be optimistic. Second, they strictly held their frames in order to support their logics which were an overall deregulation, to stimulate the economy and to create jobs without introducing various perspectives. Third, broadcasting of three major newspaper companies could monopolize the public sphere rather than contributing to the diversity of public opinions against three existing broadcasting companies KBS, MBC, SBS.

• Management & Information Systems Review
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• v.38 no.4
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• pp.95-111
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• 2019

This study aims to measure effects of cause-related marketing by using consumer's preference of cause-related marketing product as a dependent variable. One of main factors influence on preference of cause-related marketing product is a product type. Previous research has shown that hedonic product is more effective for cause-related marketing than utilitarian product. The result was largely explained by the logic of guilt. However, there were conflicting results. In addition, the level of guilt may vary depending on the consumer characteristics or the market environment. Therefore, this study focuses on the impact of product type on the effect of cause-related marketing. For the Korean and Chinese markets, this study examines the effect of interactions between countries and product type. The result was significant. Specifically, there was a difference in preference of cause-related marketing product between Korean and Chinese consumers by product type. Based on the findings, implications and limitations of this study and future research directions were presented.

• Journal of the Korea Safety Management & Science
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• v.14 no.1
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• pp.189-200
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• 2012

Many companies have endeavored to build a quality cost management system in order to be more productive business organization. This study shows the detail procedures of constructing a quality cost management system which is believed to be appropriate for their business system. That is, the method to calculate the quality cost and the linking logic between the quality improvement and its financial impact are explained based on a particular industry case. In this sense, the changes of business performance measures such as market share, customer satisfaction, etc. were analyzed in the longitudinal perspective for the consecutive 4 years (2003~2006). As the quantitative results of this study, the improvement activities based on the quality cost management system resulted in the 32% reduction of quality cost and the 121% increase of business profit, compared 2005 with 2006. In the qualitative perspective, the successive practice of quality cost reduction and the job information sharing in business unit were obtained by providing the best practices and bench-marking cases. Finally, the customer satisfaction has increased so that the customer-friendly management system has been accomplished. With these efforts, the 3.4% increase of the market share and the 3% increase of the customer satisfaction were obtained in 2005. As the future study, the current study can be extended to the concept of COPQ (cost of poor quality) which focuses on the hidden quality cost of the whole business activities. Such extension of analysis will help us understand the wider role of a quality cost management system in the business.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.14 no.2
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• pp.113-121
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• 2014

A subsea oil production system must be safely operated for 20-30 years after being installed. Because of the severe conditions of the subsea environment, such as extreme high pressure, low visibility, the possibility of unexpected impact by any object, and corrosion by seawater, subsea oil production systems should be monitored by subsea data logger systems and remotely operated vehicles to check for abnormal vibration and leakage to prevent a catastrophic accident. Because of the severity of subsea environmental conditions and the dominance of a few companies in the market, many people have thought that it would be difficult to develop a subsea data logger system. The primary objectives of the study described in this paper were to analyze existing subsea data logger systems to establish the requirements for a subsea data logger system, implement a prototype subsea data logger system, and conduct a test of the prototype subsea data logger system.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.16 no.4
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• pp.225-237
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• 2016

In conventional transportation problem (TP), all the parameters are always certain. But, many of the real life situations in industry or organization, the parameters (supply, demand and cost) of the TP are not precise which are imprecise in nature in different factors like the market condition, variations in rates of diesel, traffic jams, weather in hilly areas, capacity of men and machine, long power cut, labourer's over time work, unexpected failures in machine, seasonal changes and many more. To counter these problems, depending on the nature of the parameters, the TP is classified into two categories namely type-2 and type-4 fuzzy transportation problems (FTPs) under uncertain environment and formulates the problem and utilizes the trapezoidal fuzzy number (TrFN) to solve the TP. The existing ranking procedure of Liou and Wang (1992) is used to transform the type-2 and type-4 FTPs into a crisp one so that the conventional method may be applied to solve the TP. Moreover, the solution procedure differs from TP to type-2 and type-4 FTPs in allocation step only. Therefore a simple and efficient method denoted by PSK (P. Senthil Kumar) method is proposed to obtain an optimal solution in terms of TrFNs. From this fuzzy solution, the decision maker (DM) can decide the level of acceptance for the transportation cost or profit. Thus, the major applications of fuzzy set theory are widely used in areas such as inventory control, communication network, aggregate planning, employment scheduling, and personnel assignment and so on.

• Journal of Korea Multimedia Society
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• v.9 no.12
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• pp.1607-1616
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• 2006

The growing market of multimedia and digital signal processing requires significant data-path portions of SoCs. However, the common models for verification are not suitable for SoCs. A novel model--WGL (Weighted Generalized List) is proposed, which is based on the general-list decomposition of polynomials, with three different weights and manipulation rules introduced to effect node sharing and the canonicity. Timing parameters and operations on them are also considered. Examples show the word-level WGL is the only model to linearly represent the common word-level functions and the bit-level WGL is especially suitable for arithmetic intensive circuits. The model is proved to be a uniform and efficient model for both bit-level and word-level functions. Then Based on the WGL model, a backward-construction logic-verification approach is presented, which reduces time and space complexity for multipliers to polynomial complexity(time complexity is less than $O(n^{3.6})$ and space complexity is less than $O(n^{1.5})$) without hierarchical partitioning. Finally, a construction methodology of word-level polynomials is also presented in order to implement complex high-level verification, which combines order computation and coefficient solving, and adopts an efficient backward approach. The construction complexity is much less than the existing ones, e.g. the construction time for multipliers grows at the power of less than 1.6 in the size of the input word without increasing the maximal space required. The WGL model and the verification methods based on WGL show their theoretical and applicable significance in SoC design.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.36
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• pp.195-262
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• 2007

This paper attempts to assess the Basel Committee's bank supervisory standards and capital adequacy rules, and thereby rethink whether global convergence in banking regulation is desirable. To that end, it seeks to address the impetus for the creation of the Basel Committee, and explore driving forces behind the internationalization of bank regulatory and supervisory standards. Following the historical and theoretical analysis of the internationalization of bank regulatory standards, the movement toward global standards in banking is reviewed. More importantly, this paper seeks to explore the origins of the Basel Accord on bank capital adequacy. To do so, it largely relies on current theories on the process of negotiating the capital adequacy standards in the areas of political science and international political economy. At this point, this study takes a position as a break against the force of international market failure logic that has enjoyed an exceptionally positive reception among economists, political scientists, and legal experts. Nonetheless, it does not intend to freeze the international coordination and cooperation of banking regulation. Given the understanding of the politics behind the creation of the Basel Accord, this paper evaluates the Basel Accord of 1988 and the new capital adequacy framework(Basel II), and then moves beyond the assessment of the capital adequacy standards In doing so, this study draws lessons from Basel in search of a just world order in the global finance.

• Journal of Information Technology Services
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• v.13 no.2
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• pp.133-149
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• 2014

It is unavoidable to provide products that meet customers' needs and wants so that firms may survive under the competition in this globalized market. This paper focuses on how to provide levels for attributes that compse product so that firms may give the best products to customers. In particular, its main issue is how to determine common attributes and the others with their appropriate levels to maximize firms' profits, and how to construct a decision support system to ease decision makers' decisons about optimal common attribute selection using the Semantic Web and SWCL technologies. Parameter data in problems and the relationships in the data are expressed in an ontology data model and a set of constraints by using the Semantic Web and SWCL technologies. They generate a quantitative decision making model through the automatic process in the proposed system, which is fed into the solver using the Logic-based Benders Decomposition method to obtain an optimal solution. The system finally provides the generated solution to the decision makers. This presentation suggests the opportunity of the integration of the proposed system with the broader structured data network and other decision making tools because of the easy data shareness, the standardized data structure and the ease of machine processing in the Semantic Web technology.