• The Journal of Society for e-Business Studies
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• v.25 no.1
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• pp.177-202
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• 2020

We propose the statistical modeling and empirical results that can be utilized to identify and interpret the structural factors of international arms exports in recent years. The building blocks of research comprise the following questions; which would be the explanatory variables for the changing trend of international arms exports, whether the statistical significance can be verified on those variables and how those are interpreted for the future policy making purpose. We use the dataset of top 40 countries from SIPRI's Arms Transfers Database and analyze several regression models which consist of explanatory variables derived from research hypotheses. The most noticeable result is that the national fiscal reserve is shown to have consistent influence on the arms exports changes. UN security council members' group also has dominant power to make a formation of arms exports market block. Furthermore, gross domestic product and net exports volume in the national economy would seem to be related to changes of international arms exports in post-2000 period as well.

• The Journal of Society for e-Business Studies
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• v.25 no.2
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• pp.109-126
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• 2020

This study attempts to find out the characteristics of digital currency and currency transformation through the analytical descriptions of the literature. In the early days of the emergence of new currency, market-oriented autonomous monetary adjustment was made along with various attempts by the private sector, and then government-centered central currency management and coordination were made for the national monopoly of profits and power. Digital currency can be seen as the emergence of a new form of money that will bring about paradigm changes. CBDC can be divided into direct and indirect types. CBDC is expected to require a strategic approach by the government or firm as it will bring about changes in the ecosystem of related industries. Libra is a stablecoin designed to minimize price fluctuations, and if it succeeds in commercializing it, it is expected to bring about revolutionary changes in the financial industry around the world.

• IEMEK Journal of Embedded Systems and Applications
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• v.12 no.4
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• pp.247-258
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• 2017

Since 2016 when the regulations related to vehicle structure and device modification were drastically revised, the car tuning market has been growing rapidly. Particularly, many drivers are showing interest in changing the interior and exterior according to their preference, or improving the specifications of their cars by changing the engine and powertrain, among others. Also, as the initial engine settings such as horse power and torque of the vehicle are made for stable driving of the vehicle, it is possible to change the engine performance, via Engine Control Unit (ECU) mapping, to the driver's preference. However, traditionally, ECU mapping could be only performed by professional car engineers and the settings were also decided by them. Therefore, this study proposed a system that collects data related to the driver's driving habits for a certain period and sends them to a cloud server in order to analyze them and recommend ECU mapping values. The traditional mapping method only aimed to improve the car's performance and, therefore, if the changes were not compatible with the driver's driving habits, could cause problems such as incomplete combustion or low fuel efficiency. However, the proposed system allows drivers to set legally permitted ECU mapping based on analysis of their driving habits, and, therefore, different drivers can set it differently according to the vehicle specifications and driving habits. As a result, the system can optimize the car performance by improving output, fuel efficiency, etc. within the range that is legally permitted.

• Journal of Dairy Science and Biotechnology
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• v.25 no.2
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• pp.33-40
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• 2007

The Korean dairy industry has been developed continuously for the past seventy years both in quality and quantity; now the total amount of dairy products accounts for 13 percent of that of livestock production - a remarkable turnover. Korea now stands at the 13th economic power around the world and it is inevitable that we must pursue an open-door policy at a global level; the dairy industry should also strengthen its potentialities in the long term in order to compete with advanced dairy countries. It is predicted that the impact of DDA agreement and FTA negotiations on the domestic dairy industry will be great; so it is urgently needed that we should reconsider the current status of the dairy industry and comprehensive mesures for dairy industry development to improve its international competitiveness. Such measures comprise the three aspects: first, reforming the policy of dairy industry-related systems, second, improving the productivity and third, expanding the consumption of dairy products. In terms of the system reforming, the most important things are, above all, the planned production relevant to market needs, the milk supply and demand management, and the raw milk transaction method. Secondly, the appropriate scale of management is important for the enhancement of productivity together with the modernization of dairy facilities. Thirdly, step-up effort is needed to expand the milk consumption; especially, more milk should be provided to the students by improving the standing milk ration system in middle and senior high schools. The government should make more effort to support and develop new dairy products tuned to consumers' taste, accelerating the publicity of diverse and steady milk consumption together with related organizations.

• The Journal of the Korea institute of electronic communication sciences
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• v.11 no.7
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• pp.671-676
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• 2016

This study is about design for the Rotational Instrument of the Industry factory which is used management safety and maintenance. We developed the multichannel vibration monitering system of the self-diagnosis for middle level CMS(Condition Monitoring System) market, and that system are new features to the expandability and flexibility. Normally one channel is used for treating one signal, but developed instrument can treat four channel with one signal processing card. One rack have redundant power supply and displace and it can check vibration measurement value in field without computer. Bearing fault detection is fundamental of vibration surveillance, but sometimes can not check with vibration velocity and acceleration. So it need the filtering and the amplitude modulation on the acceleration enveloping technology when irregular vibration is happened. We developed the vibration analysis instrument which is applied such technology. And the development prototype shows activated within the vibration error limit.

• Journal of the Korean Society of Costume
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• v.62 no.1
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• pp.104-119
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• 2012

Fashion cultural products represents cultural trend, and they are produced a lot in Korea to express the Korean culture and style. They are also tools that embody images of Korea. This study mainly focuses on the Korean traditional-patterned ornaments as fashion cultural products. Therefore, this study aims at developing a framework of consumers' attitudes and consumption behaviors about Korean traditional-patterned ornaments, examining how the characteristics are changed according to shopping orientation. For this purpose, a quantitative survey was carried out using 455 questionnaires from women in their 20s and over. The data were analyzed using frequency analysis, factor analysis, t-test, ANOVA, cluster analysis, and $x^2$-test. Findings of this study were as follows. First, half of the respondents were found to possess Korean traditional-patterned ornaments. However, consumers had positive attitudes and tend to purchase them for their own use rather than gifts, demonstrating that the potential for the market is large enough. Second, in accordance with their shopping orientation, consumers were sub-divided into four groups: trend/brand oriented, practicality/pleasure oriented, convenience oriented, and passive shoppers. The trend/brand oriented group showed highest levels of preference regarding purchase intentions of Korean traditional-patterned ornaments. This group also showed the strongest purchasing power on fashion items among the four groups. Third, this study presented animal, plant, geometric and abstract patterns to the respondents to examine their attitudes. It was found that consumers prefered plant-patterned ornaments rather than the others, demonstrating that they have stronger preference and purchase intention toward ornaments with more natural images.

• Journal of the Korean Society of Manufacturing Process Engineers
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• v.16 no.1
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• pp.124-133
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• 2017

In the current lighting market, LEDs that have a high luminous efficiency, a long life and consume less power have emerged as next generation lighting. Owing to various designs and sizes of LEDs, the production process of existing LEDs involves many tasks that require manual labor; hence, the assembly of LEDs necessitates manpower. Because of the use of manpower, the production costs of LEDs increases and production efficiency decreases. Recently, the assembly parts of LEDs have been standardized for minimizing manual labor, and an LED is developed as an LED panel. The automatic assembly system produces LED convergent lighting by assembling two LED panels and one diffusion cover. To increase the production efficiency of the LED convergent lighting module, it is important that the development of a feeder can continuously supply the LED panels is required, and whose design has sufficient stability. The automatic assembly system of the LED convergent lighting module consists of two feeders, which convey LED panels and diffusion covers to a main conveyor, which assembles the lifted panels and covers. In this study, structural analysis and fatigue life for forced loads on the conveyer line of the feeder in the process of lifting LED panels and diffusion covers of each feeder, is analyzed. In addition, the drive of the belt constituting the conveyor line of each feeder is simulated, and the dynamic characteristics of the belt is analyzed using the virtual engineering method.

• Journal of Distribution Science
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• v.14 no.12
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• pp.129-139
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• 2016

Purpose - This paper examines the explanatory power of the agency theory in the determination of cash holdings for Korean retail firms. If the agency theory holds, a firm with strong corporate governance structure tends to have low cash holdings. A strong governance structure makes the CEO of this firm to behave in the interests of shareholders and thus the CEO has low incentive to stockpile cash holdings, which can be easily diverted for the CEO's own managerial purposes. We investigate this relationship between corporate governance structure and cash holdings, by using corporate governance scores as a proxy variable that captures the effectiveness of corporate governance mechanism. Research design, data, and methodology - We adopt the sample of publicly listed retail firms in KOSPI market from 2005 to 2013. Financial and accounting statements are gathered from the WISEfn database. We also use the corporate governance scores published by Korean Corporate Governance Service. The relationship between the corporate governance scores and cash holdings is cross-sectionally estimated based on the ordinary least square method. This estimation method is widely accepted in the existing literature. The sample of large conglomerates, Chebol, and the remainder firms are separately examined as well, to account for the distinctive internal financing environment in these large conglomerates. Results - We mainly contribute to the extant literature by providing empirical evidence against the agency theory of cash policy. Unlike the prediction of agency theory, we confirm statistically insignificant or even positive correlations between the set of corporate governance scores and cash-asset ratios. Almost all the major corporate governance attributes including total score, shareholder rights, board structure, and the quality of information disclosure do not show negative correlations with cash holdings, which poses a strong challenge to the validity of the agency theory in the determination of retail firms' cash holdings. Conclusions - This study presents interesting empirical results with respect to the cash policy in Korean retail firms. Consistent to prior studies, I verify that the agency theory only limitedly explains the level of cash holdings. Future studies may obtain more robust results by examining a longer sample period.

• The Journal of the Korea Contents Association
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• v.7 no.12
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• pp.66-73
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• 2007

The Jewelry-relation industry is being placed in the crises which are serious with depression of domestic market, design development and a major force absence also high labor cost charge. The consumers have the value of the price preparation maximum and product differentiation which they want. The Jewelry CAD and RP equipment shorten cost of production enterprise which depended hand-metal work provided for the various design and a rapid new product. But until now, it was necessary to the original work of best condition casting vacuum cycle as difficult with direct casting of synthetic resin from RP equipment. I intend to imply significance about through the CAD and RP equipment application result with it analyses, after jewelry CAD and RP work applicable to direct casting will be possible and able to through the casting vacuum cycle produce the product which is suitable in the original production. Through the this paper jewelry secures a quality improvement of the product and discrimination characteristic being various competitive power of design and provide a new base in product production.

• Journal of the Korean Operations Research and Management Science Society
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• v.37 no.4
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• pp.1-18
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• 2012

With the enormous growth and various applications of private brands, national brand manufacturers are confronted with a dilemmatic situation. That is, paradoxically, some manufacturers have come to produce private brands of retailers which are potential competitors to their own brands. This study reveals why manufacturers with their own brands let themselves do the consignment production of retailers' private brands although those private brands may become strong competitors of their own brands and then investigates the condition in which manufacturers may benefit from such consignment production. Through an analysis of a game theoretical model assuming a monopoly market, the present study presents the theoretical backgrounds and provides new insights about consignment production of manufacturer with its own brand for retailer's private brand. First, such consignment production can play a role in mitigating the loss in the consignee manufacturer's own brand sales caused by the private brand in the competitive environment. Second, the effectiveness of such role is affected by the quality of the private brand produced under consignment. In other word, only if the consignee manufacturer keeps the quality of the private brand low, the manufacturer can maintain the benefit from its own brand. In addition, a consigner retailer needs to consider the final objective of launching its private brand, when it chooses its consignee manufacturer of the brand. Finally, a manufacturer with its own brand may consider consignment production as not merely an unavoidable option compelled by a retailer's power but a reasonable strategic choice to reduce the risk from competition.