• Title/Summary/Keyword: Maximum Demand

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Estimating the Economic Value of the Songieong Beach Using A Count Data Model: - Off-season Estimating Value of the Beach - (가산자료모형을 이용한 송정 해수욕장의 경제적 가치추정: - 비수기 해수욕장의 가치추정 -)

  • Heo, Yun-Jeong;Lee, Seung-Lae
    • The Journal of Fisheries Business Administration
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    • v.38 no.2
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    • pp.79-101
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    • 2007
  • The purpose of this study is to estimate the economic value of the Songieong Beach in Off-season, using a Individual Travel Cost Model(ITCM). Songieong Beach is located in Busan but far away from city. These days, however, the increased rate of traffic inflow to the Songieong beach and the five-day working week are reflected in the trend analysis. Moreover, people have changed psychological value. For that reason, visitors are on the increase on the beach in off-season. The ITCM is applied to estimate non-market value or environmental Good like a Contingent Valuation Method and Hedonic Price Model etc. The ITCM was derived from the Count Data Model(i.e. Poisson and Negative Binomial model). So this paper compares Poisson and negative binomial count data models to measure the tourism demands. The data for the study were collected from the Songjeong Beach on visitors over the a week from November 1 through November 23, 2006. Interviewers were instructed to interview only individuals. So the sample was taken in 113. A dependent variable that is defined on the non-negative integers and subject to sampling truncation is the result of a truncated count data process. This paper analyzes the effects of determinants on visitors' demand for exhibition using a class of maximum-likelihood regression estimators for count data from truncated samples, The count data and truncated models are used primarily to explain non-negative integer and truncation properties of tourist trips as suggested by the economic valuation literature. The results suggest that the truncated negative binomial model is improved overdispersion problem and more preferred than the other models in the study. This paper is not the same as the others. One thing is that Estimating Value of the Beach in off-season. The other thing is this study emphasizes in particular 'travel cost' that is not only monetary cost but also including opportunity cost of 'travel time'. According to the truncated negative binomial model, estimates the Consumer Surplus(CS) values per trip of about 199,754 Korean won and the total economic value was estimated to be 1,288,680 Korean won.

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Literature for YangsaengKigong (한국전통사상으로 살펴본 양생기공에 대한 고찰)

  • Jeon, Chun-San;Han, Chang-Hyun;Park, Soo-Jin;Lee, Sang-Nam;Kwon, Young-Kyu
    • Journal of Physiology & Pathology in Korean Medicine
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    • v.22 no.4
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    • pp.740-745
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    • 2008
  • Although the demand on 'Ki' training because of the increased interest in health, there has not been an established theory and system in 'Ki' training from the perspective of oriental medicine. Therefore, many training associations are in operation without sound basis. The general use of the terminology 'Kigong' is the influence of China. As it was distributed to the general public through the translation and introduction of Chinese Kigong theory, the genuine Korean YangsaengKigong was not emphasized but it was included in or considered as the second-class to the Chinese Kigong. The purpose of the study was to establish and review YangsaengKigong based on our traditional ideologies. Korean Yangsaengkigong can be defined as the training method nurturing mind, energy, body based on the Sambeob training method such as Pause of thinking, Modulation of breath and Prohibition of sensibility with the goal of Yangsaengkigong, good health and long life and the maximum service for the benefit of humanity. Although this study can identify the differecnes between Korean Yangseangkigong and Chinese kigong through Korean traditional ideology, we could not develop this study to the necessity of ideological background of medical Kigong and concrete methodology of Yangsaengkigong and our traditional ideology because of scarce literature on Korea and Korean traditional ideologies. For the purspose of the study, we need cooperation between Studies of Korea, Studies of National History, and Oriental Medicine.

Estimation of Economic Risk Capital of Insurance Company using the Extreme Value Theory (극단치이론을 이용한 보험사 위험자본의 추정)

  • Yeo, Sung-Chil;Chang, Dong-Han;Lee, Byung-Mo
    • The Korean Journal of Applied Statistics
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    • v.20 no.2
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    • pp.291-311
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    • 2007
  • With a series of unexpected huge losses in the financial markets around the world recently, especially in the insurance market with extreme loss cases such as catastrophes, there is an increasing demand for risk management for extreme loss exposures due to high unpredictability of those risks. For extreme risk management, to make a maximum use of the information concerning the tail part of a loss distribution, EVT(Extreme Value Theory) modelling nay be the best to analyze extreme values. The Extreme Value Theory is widely used in practice and, especially in financal markets, EVT modelling is getting popular to analyBe the effects of extreme risks. This study is to review the significance of the Extreme Value Theory in risk management and, focusing on analyzing insurer's risk capital, extreme risk is measured using the real fire loss data and insurer's specific amount of risk capital is figured out to buffer the extreme risk.

Test and Analysis on the Longitudinal Gusset Plate Connection to Circular Hollow Section (CHS) of High Strength (고강도 원형강관의 길이방향 거셋플레이트 접합부 실험 및 해석)

  • Lee, Swoo-Heon;Shin, Kyung-Jae;Lee, Hee-Du;Kim, Woo-Bum
    • Journal of Korean Society of Steel Construction
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    • v.24 no.1
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    • pp.35-46
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    • 2012
  • With the increase in the demand for high-rise buildings, the use of high-strength steel has likewise increased. Thus, it has become more necessary to study the resistance force of the high-strength hollow structural section (HSS) joint of 600MPa. Additionally, the current design equation in Korea limits maximum yield stress at 360MPa in the case of HSS. In other words, since the current specification does not apply to HSS of 600MPa, this study aims to investigate the applicability of design equations as well as examine the behavior of the connection through the experiment and finite element analysis (FEA) of the plate-tube connection of 600MPa. In particular, this paper presents the behavior of joints with the gusset plates welded in the longitudinal direction of the circular hollow section (CHS) when the joints are subjected to lateral force. Comparing design equations with the results of FEA and the test, existing design equations are underestimated to be 56~79% in the case of high-strength materials.

GIS-based Pickup-Delivery Scheduling Model for Container Transportation (컨테이너 운송체계 개선을 위한 화물수거-배송계획 시스템 개발)

  • Yoon Hang-Mook;Hwang Heung-Suk;Kim Hyung-Bo
    • Journal of Navigation and Port Research
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    • v.29 no.3 s.99
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    • pp.221-226
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    • 2005
  • This paper provides a method to implement IT system for supply chain management problem The fundamental scheduling issues that arise in the pickup delivery system are optimizing the system with the minimum cost, the maximum throughput and the service level. This study is concerned with the development of the customer responsive pickup-delivery system based on e-logistics and demand chain management. Through this study, the pickup-delivery problem of the vehicle using the GIS PDP and GUI- type computer programs are formulated. The computational results show that the proposed method is very effective on a set of test problems.

Vibration Characteristics and Drop Impacts of Bear Glass Bottles During Truck Transit (트럭 운송시 맥주용 유리병의 진동 및 낙하 특성)

  • Park, Su-Il;Park, In-Sik
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.15 no.3
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    • pp.77-81
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    • 2009
  • There has been an increasing demand on measurement of the vibration levels in commercial truck shipments, where all packaged products are exposed to some levels of random vibration and shock. In this study, bear glass bottles loaded at the front, middle, and rear positions of 11 tonne truck bed was shipped from Kwangju to Waegouan. Vertical direction vibration levels were analysed and matching laboratory random vibration test was performed using power spectral density (PSD) profiles derived from truck transit records. Also, the effects of drop hight on glass bottles were evaluated. As expected, the maximum vibration levels were recorded at the rear of truck bed. No breakage of bottles were observed during truck transit and laboratory random vibration testing set at 0.52 $G_{rms}$. In drop test, glass bottles were not damaged by bottom side impact, while short side drop impact caused about twice higher bottle breakage rate than that of long side drop impact at 30 cm and 40 cm drop hight.

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High-rate Anaerobic Treatment of Landfill Leachate (매립지 침출수 처리의 고율 혐기성 처리)

  • Lee, Chae-Young;Shin, Hang-Sik
    • Journal of the Korea Organic Resources Recycling Association
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    • v.15 no.2
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    • pp.136-146
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    • 2007
  • Landfill leachate was successfully treated in upflow anaerobic sludge blanket (UASB) reactors regardless of the addition of granular sludge. Initial operating period was significantly reduced by the addition of granular sludge. At hydraulic retention time (HRT) of one day, chemical oxygen demand (COD) removal rates in Control and Granule reactor were maintained over 90%, respectively with organic loading rate (OLR) of $4-8kgCOD/m^3.d$. During the experiment, the inorganic precipitates were accumulated in and around the sludge, and in the wall of the reactors were formed in both reactors regardless of addition of granular sludge. Specific methanogenic activity (SMA) increased as adaptation of microorganism to the substrate and OLR were increased. The maximum SMA value of the sludge for Granule reactor was about $0.57gCOD/g{\cdot}VSS{\cdot}.d$. The SMA value was not decreased because of excessive inorganic accumulation, however, it was needed to have pre-treatment process of influent to remove the inorganic metals.

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Development of Osmotic Infusion Pump (삼투압 약물주입 펌프의 개발)

  • Kim, Dong Sun;Choi, Seong Wook
    • Transactions of the Korean Society of Mechanical Engineers B
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    • v.39 no.6
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    • pp.471-475
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    • 2015
  • Because of increasing demand, a small portable drug injector that uses osmotic pressure for its operation force is developed, and its performance is evaluated. The osmotic drug injector can be small and lightweight because it does not require heavy batteries and an actuator, unlike previous electromechanical drug injectors. Moreover, its injection pressure can be sustained longer than that of previous elastic drug injectors. The new device is composed of a drug sac, osmotic pressure chamber, semipermeable membrane, and solvent chamber. To evaluate its performance, an in-vitro experiment was designed to measure the outflow and the injection pressure with respect to time. The experimental results show that the new drug infuser can continuously deliver 20 ml drug over a period of 20 h. The maximum injecting pressure was over 400 mmHg. Which prevents backflow caused by changes in the outlet pressure resulting from changes to the position of the device and the patient's posture.

A Study on the Cutting Forces and Tool Deformation when Flat-ended Pocket Machining (평엔드밀 포켓가공시 절삭력과 공구변형에 관한 연구)

  • Choi, Sung-Yun;Kwon, Dae-Gyu;Park, In-Su;Wang, Duck-Hyun
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.16 no.2
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    • pp.28-33
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    • 2017
  • Recently, the operation of precision pocket machining has been studied for the high speed and accuracy in industry to increase production and quality. Moreover, the demand for products with complex 3D free-curved surface shapes has increasing rapidly in the development of computer systems, CNC machining, and CAM software in various manufacturing fields, especially in automotive engineering. The type of aluminum (Al6061) that is widely used in aerospace fields was used in this study, and end-mill down cutting was conducted in fillet cutting at a corner with end-mill tools for various process conditions. The experimental results may demonstrate that the end mill cutter with four blades is more advantageous than that of the two blades on shape forming in the same condition precise machining conditions. It was also found that cutting forces and tool deformation increased as the cutting speed increased. When the tool was located at $45^{\circ}$ (four locations), the corner was found to conduct the maximum cutting force rather than the start point of the workpiece. The experimental research is expected to increase efficiency when the economical precision machining methods are required for various cutting conditions in industry.

An Analysis for Transferring Connectivity at Incheon international Airport (허브공항의 환승연계성 분석연구(인천국제공항을 대상으로))

  • Park, Yong-Hwa;Kim, Seong-Yeong;Kim, Jung-Yeop
    • Journal of Korean Society of Transportation
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    • v.24 no.6 s.92
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    • pp.75-85
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    • 2006
  • Recently. large number of countires have been focused on the construction of container seaport and hub airport to enrole as the center of logistics. In particular, the East Asian nations have been enhanced their airports' facilities in order to accommodate for demand of global market environment. In Korea, Incheon International Airport (ICN) was opened in 2001 to take leading role as the Northeast Asian main hub airport. The purpose of this research is to analyze the transferring connectivity at ICN. To analyze its connectivity, this research has been applies two methodologies ; wane structure and minimum or maximun connection time analysis It has analyzed the temporal configuration as the frequency and quality of indirect connections offered by an airline by adopting a wave-system structure in the airline flight schedule. As an empirical analysis, it also calculated the minimum and maximum connection time adopting Korean Air's flight information.