• Title/Summary/Keyword: Market Reliability

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Analysis of Consumption of Homemade Organically Processed Food (국산 유기가공식품 소비의향 분석)

  • Jeong, Hak-Kyun;Jang, Jeong-Kyung
    • Korean Journal of Organic Agriculture
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    • v.20 no.1
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    • pp.1-19
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    • 2012
  • The purpose of this study is to analyze consumption of homemade organically processed food (HOPF), and to derive directions for consumption promotion of HOPF. A survey was conducted for quantitative analysis regarding consumption. This study used an Ordinal Logistic Regression Model to derive more significant results in analyzing factors of consumption. The findings was that younger consumers with high income are more likely to purchase HOPF. And those consumers with high price and quality contentment are more likely to purchase HOPF. And contentment with certification institutions and improvement of health have a significant positive relationship with consumption. Consumers were found to pay 51 percent more for HOPF than for non-HOPF products. This level show that the current level of price premium for HOPF is 51 percent higher than their desired level. In order to reduce the price premium for HOPF, effective policy programs should be developed. A targeted market strategy to sell HOPF to younger consumers with high income is needed to boost consumption. A strict certification management system should be established to enhance consumer reliability in HOPF.

Assessment of Reliability in the Distribution System of an Industrial Complex

  • Choi, Sang-Bong
    • Journal of Electrical Engineering and Technology
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    • v.2 no.2
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    • pp.201-207
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    • 2007
  • As the power industry moves towards open competition, there has been a need for methodology to evaluate distribution power system reliability by using customer interruption costs, particularly in power supply zones under the competitive electricity market. This paper presents an algorithm to evaluate system average interruption duration index, expected energy not supplied, and system outage cost taking into consideration failure rate of the distribution facility and industrial customer interruption cost. Also, to apply this algorithm to evaluate system outage cost presented in this paper, the distribution arrangement of a dual supply system consisting of mostly high voltage customers in an industrial complex in Korea is used as a sample case study. Finally, evaluation results of system interruption cost, system average interruption duration index, and expected energy not supplied in the sample industrial complex area are shown in detail.

A study of Airline Choice Behavior of Air Freight Forwarders (화물운송주선업자의 항공사 선택행위 연구)

  • Kim, M.S.;Lee, D.S.;Yoo, K.E.
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.13 no.3
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    • pp.85-97
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    • 2005
  • The objective of this study is to investigate freight forwarders' airline choice behaviors in the Korean air cargo transportation market. This study identifies the major factors affecting airline choice and their relative importance by analyzing the data gathered by the survey from freight forwarders in Seoul. The questionnaire of the survey is composed of two parts; the first part is to identify the significant variables of airline choice and the second part is to gather the data about airline choice using stated preference techniques. The relative importance of major variables considered in forwarders' airline choice is estimated by the logit models calibrated with stated preference data. To strength the reliability of the analysis, this study segments the market by three routes; Seoul-Los Angeles, Seoul-Amsterdam and Seoul-Hongkong. The five major variables that are considered seriously in airline choice are reliability, space availability, frequency, cost and flight schedule. The utility trade-offs between variables are estimated by the ratio analysis of coefficients of logit model of each route, and the results of ratio analysis is interpreted as reflecting the reality of market conditions.

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A Study on the Effect of the Attributes of Online Food Market on Behavior Intention - An Analysis of the Moderator effect on the consumption tendency -

  • Park, Eun-Ok;Park, Min-Yeong
    • Journal of the Korea Society of Computer and Information
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    • v.24 no.3
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    • pp.191-199
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    • 2019
  • This study is about online purchases of foods that have been reluctant to deal with distribution processes and reliability issues. We find out that attributes of the online food market affects behavior intention and whether it differs according to consumption tendency. A survey was conducted on consumers who had ever purchased food online for hypothesis testing. Reliability and feasibility were reviewed for the collected data and the hypothesis was verified through structural equation model analysis. While product diversity, product information and customer service factors of the online food market significantly affect behavior intention, price is not. We identified differences in the impact of behavior intention on consumption tendencies. For the Gaseongbi group, only the product information factors have significant effect on behavior, and for the Gasimbi group, the price and customer service factors have a significant effect on behavior intention. The findings provide theoretical and practical implications for marketers to study various marketing method based on consumer tendencies.

Generation Investment Model Development and Behavior Analysis using System Dynamics Approach (System Dynamics에 의한 발전설비투자 모델개발 및 행태 분석)

  • Kim, Hyun-Shil;Yoon, Yong-Beum
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.56 no.10
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    • pp.1731-1737
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    • 2007
  • The Korea electricity wholesale market is operated under the cost-based-pool system and the government regulation to the new generation capacities in order to insure the resource adequacy. The goal of government's regulation is the electricity market stability by attracting proper generation investment while keeping the reliability of system. Generation companies must mandatory observe that government plan by now. But if the restructuring is to be complete, generation companies should not bear any obligation to invest unless their profitability is guaranteed. Namely the investors' behavior will be affected by the market prices. In this paper, the system dynamics model for Korea wholesale electricity market to examine whether competitive market can help to stabilize is developed and analyzes the investors behavior. The simulation results show that market controlled by government will be operated stable without resulting in price spike but there is no lower price because of maintaining the reasonable reserve margin. However, if the competition is introduced and the new investment is determined by the investor's decision without government intervention, the benefits from lower wholesale price are expected. Nevertheless, the volatility in the wholesale market increases, which increases the investment risks.

Relationship between the Management Accounting Information Usage, Market Orientation and Performance: Evidence from Vietnamese Tourism Firms

  • DO, Trang Huyen;LE, Huyen Mong;LUONG, Diem Thuy Thi;TRAN, Quanh Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.707-716
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    • 2020
  • The study investigates the relationship between broad-scope management accounting information usage, market orientation, and the firm performance. This study employs a survey data of 149 top-level and mid-level managers working in Vietnamese tourism enterprises. To analyze research data, we employ SmartPLS 3 software. The analytical process include measurement model evaluation (evaluate the scale's validity and reliability) and structural model evaluation (test research hypotheses). The results reveal that broad-scope management accounting information usage has a positive direct effect on market orientation dimensions (include information generation, information dissemination, and responsiveness). Then, market orientation dimensions also have positive direct effects on the performance of Vietnamese tourism firms, excluding information dissemination. Moreover, this study also reveals that the market orientation dimensions mediate the relationship between broad-scope management accounting information usage and firm performance. The findings of this study suggest that tourism firms should pay more attention to the use of management accounting information in decision-making. With the increasingly fierce competition of the tourism firms today, capturing and meeting the needs of the market is a prerequisite to help firms enhance their competitiveness and improve their performance. To do that, Vietnamese tourism firms need to consider pursuing market orientation and enhancing broad-scope management accounting information usage.

Estimation of Optimal Hydro-Power Supply Amount of Yongdam Multipurpose Dam for the Contract on the Free-Competition Market (자유경쟁 시장 내에서 용담다목적댐 발전소의 최적 계약가능 공급량 평가)

  • Yoo, Ju-Hwan
    • Journal of Korea Water Resources Association
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    • v.38 no.1
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    • pp.25-35
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    • 2005
  • Nowaday the amount of water resource to generate the hydro-power energy has decreased as that of the water supply has increased. In case that the national market of the energy will be in free competition, the energy producer need to suggest the amount of the optimal supply with the hydrological reliability for a deal. In this study the optimal reservoir operation was performed by the linear programming and the optimal reliabilities of inflows and the power supply were obtained by the one dimensional search technique to estimate the energy with the optimal inflow reliability which the power system of the Yongdam multipurpose dam in Geum river can produce. And the main results were presented.

Technology Valuation Method for Improving Its Reliability to Expand Technology Transfer Market (기술이전 활성화를 위한 사업화주체 발굴 전(前) 단계에서의 기술가치평가 신뢰성 제고방안에 관한 연구)

  • Oh, Dongchan;Lee, Jaesik;You, Wanghee;Kim, Seungkyo
    • Journal of Technology Innovation
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    • v.22 no.3
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    • pp.287-310
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    • 2014
  • Due to the toughening intelligence-based competitions among nations, it has become important to industrialize R&D results. To industrialize R&D results through technology transfer, the transfer fee between a technology developer and a company should be discussed. While discussing the transfer fee, the results of technology valuation have been used. However, due to the unreliability of its result, the technology transfer market has not been expanded. In this paper, we discuss the improvement of the reliability of the technology valuation method to expand the technology transfer market. The proposed scheme provides graph-type technology valuation results according to various industrial scenarios using objective technology and market data. With the use of the proposed scheme, the technology developer and the consumer (i.e., the company) can determine the appropriate technology transfer fee. Thus, the proposed scheme is expected to contribute to the expansion of the technology transfer market.

The criterion of reliability evaluation and the evaluation facility for composite insulator (폴리머 애자 신뢰성평가 기준 제정 방향 및 평가설비 구축)

  • Kim, I.S.;Kim, M.K.;Kim, I.K.;Kang, D.P.;Park, H.Y.;Han, D.H.;Shin, Y.J.
    • Proceedings of the KIEE Conference
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    • 2001.05a
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    • pp.147-148
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    • 2001
  • The construction of reliability evaluation according to their fields was promoted under the supervision of Agency for Technology and Standards for establishing the relevant institution & infrastructure that can fundamentally solve the reliability problems, the biggest obstruction when the developed electric components & materials come into the market. This paper describes the criterion of reliability evaluation and the evaluation facilities for the purpose of heightening the reliability of composite insulator estimated as the new material among the electric components & materials. We will understand the criterion of reliability evaluation with two parts as the performance evaluation based on various kinds of standards (especially IEC) and as the long-term reliability evaluation utilizing the accelerated aging & flashover test methods. Therefore we aim for constructing the criterion of reliability evaluation as the foundation for evaluation so as to support the industrial group based on KERI facilities.

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A Study on Optimal Reliability Criterion Determination for Transmission System Expansion Planning

  • Tran Trungtinh;Choi Jae-Seok;Jeon Dong-Hoon;Chu Jin-Boo;Thomas Robert;Billinton Roy
    • KIEE International Transactions on Power Engineering
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    • v.5A no.1
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    • pp.62-69
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    • 2005
  • The optimal design of transmission system expansion planning is an important part of the overall planning task of electric power system under competitive electricity market environments. One of main keys of the successful grid expansion planning comes from optimal reliability level/criteria decision, which should be given for constraint in the optimal expansion problem. However, it's very difficult to decide logically the optimal reliability criteria of a transmission system as well as generation system expansion planning in a society. This paper approaches a methodology for deciding the optimal reliability criteria for an optimal transmission system expansion planning. A deterministic reliability criteria, BRR (Bus Reserve Rate) is used in this study. The optimal reliability criteria, BRR/sup */, is decided at minimum cost point of total cost curve which is the sum of the utility cost associated with construction cost and the customer outage cost associated with supply interruptions for load considering bus reserve rate at load buses in long term forecasting. The characteristics and effectiveness of this methodology are illustrated by the case study using IEEE-RTS.