• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.6
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• pp.3813-3820
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• 2014

Recently, with the increase in electrical consumption and the unbalanced power demand and supply, the power reserve rate is becoming smaller and the reliability of the power supply is deteriorating. Under this circumstance, a Battery Energy Storage System (BESS) is considered to be an essential countermeasure for demand side management. On the other hand, an economic evaluation is a critical issue for the introduction of a power system because the cost of BESS is quite high. Therefore, this paper presents economic evaluation method for utility use by considering the best mix method and successive approximation method, and an economic evaluation method for customer use by considering the peak shaving function based on the real time price. From a case study on a model power system and educational customer, it was confirmed that the proposed method is a practical tool for the economic analysis of BESS.

• Journal of Distribution Science
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• v.12 no.11
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• pp.67-76
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• 2014

Purpose - PB (Private Brand) refers to the product for which the distribution company plans the production independently, consigns the production to the manufacturer, or attaches the self-developed trademark and sells it. To reinforce competitiveness in such a market environment, diverse products development, systematic management activities, and marketing efforts to analyze and understand the consumers' behavior regarding PB products are emphasized. Therefore, this study aims to investigate the relationships among PB product attributes, consumption emotion, brand attitude, and brand loyalty in general supermarkets. First, PB product attributes were defined using the five categories of perceived price, store image, familiarity, perceived service, and perceived quality, based on preceding studies. This study examined the influence of PB product attributes on consumption. Further, this study examined the relation among consumption emotion, brand attitude, and brand loyalty. This study provides more detailed and concentrated strategic implications. Research design, data, and methodology - In this study, the research model was designed to examine the relation among PB product attributes, consumption emotion, brand attitude, and brand loyalty. For the data collection method, the questionnaire survey comprised multiple items for each component and the direct interview method was employed. To collect data, the questionnaire survey was conducted for customers who personally visited the general supermarket after verifying the PB product purchase experience. The questionnaire survey was performed for one month, May 2014. A total of 300 questionnaires were distributed and 240 questionnaires were used for the analysis, excluding the unanswered and insincere questionnaires. The data were analyzed using SPSS ver. 20.0. Results - First, PB product attributes had a significantly positive effect on consumption emotion. The PB product attributes perceived by the customer at the point of service contact are important to form the positive consumption emotion. Second, consumption emotion had a significantly positive effect on brand attitude. Third, the consumption emotion had a significantly positive effect on brand loyalty. Such consumption emotion is an important factor in causing the positive evaluation on the brand attitude perceived by the customer. Fourth, brand attitude had a significantly positive effect on brand loyalty. The consumption emotion was positively represented to invoke the relational continuance behavior. The relational continuance behavior accompanies the repetition of purchase, word of mouth, and recommendation activities, and influences trust regarding the brand, for which the customer maintains the transaction continuously. Conclusions - The PB product attributes perceived by the customer at the point of service contact are important factors to form the positive consumption emotion. Based on this result, the discount store service provider would prepare the measures that can make the customer recognize the positive value, and make more detailed efforts. Consumption emotion is an important factor to cause the positive evaluation on the brand attitude perceived by the customer. Based on this result, the general supermarket must make efforts to provide fun or convenience in the purchase process for consumers.

• Journal of Distribution Science
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• v.11 no.2
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• pp.35-44
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• 2013

Purpose - Until recently, studies on customer values for restaurants recognized two path structures; the SERVQUAL model, that is, service quality? perceived value? customer satisfaction? behavioral intention, and the customer value? customer satisfaction? behavioral intention path that categorizes customer values into functional value and hedonic value. This study, instead, classifies the consumption values of fast-food restaurants based on the consumption value system provided by Sheth, Newman and Gross (1991) and illustrates the new path structure, consumption value? customer satisfaction? behavioral intention, targeting college students for a generalization of the consumption value system of fast-food restaurants. Research design, data, and methodology - This study establishes five hypotheses based on the relationship between each type of consumption value (functional, emotional, social, and epistemic) and customer satisfaction, and the relationship between customer satisfaction and behavioral intention. For this analysis, data was collected by conducting a pre-test and administering a survey to 213 college students who are regular customers at fast-food restaurants in Seoul, Korea. The data collected was then analyzed using SPSS 15.0 and AMOS 6.0 statistical packages. Results - The study showed that: First, the consumption values of fast-food restaurants are classified into the following four categories: functional value, emotional value, social value, and epistemic value while consumption value can be applied to customer value of fast-food restaurants. Second, the functional and epistemic values had a positive impact on customer satisfaction. The resulting satisfaction is attributed to the intrinsic characteristics of fast-food restaurants like the consistent quality of food, reasonable prices, fast service, and unique or new experiences on every visit. On the other hand, emotional and social values did not affect customer satisfaction. The results on emotional value differed from the general studies on restaurants while the results obtained for social value were not consistent with the studies on high-end restaurants. Third, customer satisfaction had a positive impact on behavioral intention. The survey showed that college students reflected behavioral intention - repurchase intention and word-of-mouth - if they were satisfied with the food quality and employee services provided. Simultaneously, it was seen that the impact of functional value on customer satisfaction of fast food restaurant goers was more than that of epistemic value. Conclusions - The consumption values of fast-food restaurant users could be classified into four categories, functional, emotional, social and epistemic values, based on the consumption value system provided by Sheth, Newman and Gross (1991). It proved that the customer values of restaurant goers can be extended to the path structure of consumption value? customer satisfaction? behavioral intention to confirm its generalization. The study also showed that marketing managers need to focus more on the factors that influence functional value as the fast-food restaurant users consider timely services with the consistent quality of food at a reasonable price and at a convenient place more important than the new experiences or uniqueness.

• Journal of Navigation and Port Research
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• v.32 no.8
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• pp.667-674
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• 2008

In this paper, operational problems of Busan Port and competitiveness deciding factors are analyzed by field data research and interview with employees in shipping companies and terminal operation companies. In the analysis, the problems Busan Port currently has are identified as follows: 1) low price competitiveness, 2) Lack of new port back facilities and connecting transportion system 3) Lack of operation ability of container terminal 4) Inefficient pour labor supply system. In order to strengthen the competitiveness and leap up to a hub port in North East Asia, Busan port is investigated to enhance below requirements. 1) Hiring more equipment and increase productivity in terminal 2) Integrating terminal operation companies to react maximization of vessel 3) Maintaining cost advantages 4)Proactively inviting global carriers to participate in the terminal operation 5)Making business environment for Global Terminal Operator to participate in the terminal operation in order to take advantage of their global marketing power.

• Journal of Korean Society on Water Environment
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• v.23 no.5
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• pp.712-722
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• 2007

This study screened three natural ores (iron, mangenase, and zinc), two types of slags, and two elemental metals (elemental iron and zinc) to evaluate transformation characteristics of CAH mixtures [e.g. Carbontetrachloride (CT), 1,1,1-Trichloroethane (1,1,1-TCA), and Perchloroethene (PCE)]. To select an effective metal medium to treat the CAH mixtures, we measured transformation capacities (CAH mass ultimately transformed/mass of metal added) and the degree of dechlorination. We also considered economical efficiency of the metal media by comparing the value, CAH mass ultimately transformed divided by the price of metal medium added. A simplified mathematical model adapting CAH transformation capacity, first-order transformation kinetics, and available mass of metal transforming CAH was developed and used for estimating CAH transformation rate coefficient and longevity of the metal medium. CAH transformation capacity for elemental iron and elemental zinc were 4258~7129 and $4215{\sim}6330{\mu}g\;CAH\;transformed/g$ metal added, respectively, which are a factor of 80~200 higher than slags and natural ores. They also showed a factor of 1.1 to 2.2 greater degree of dechlorination than the others. Among natural ores and slags, Zinc ore showed the highest transformation capacity, $47{\sim}53{\mu}g\;CAH\;transformed/g$ metal added. Although zinc ore have smaller transformation capacity than elemental metals, economical efficiency of zinc ore is a factor of 10~20 greater than elemental metals tested. Consequently, zinc ore would be more economical medium than the others tested in this study. We estimated the pseudo first-order transformation rate of zinc ore was in the order of CT > 1,1,1-TCA > PCE.

• Journal of Technology Innovation
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• v.18 no.2
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• pp.59-89
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• 2010

One of the key words that represent the culture and social phenomena in this 21st century is 'Digital Convergence'. Presently our society is going through the second evolving phase of the convergence, integration between industries. Integration between industries refers to the phenomenon of integrating various industrial areas such as broadcasting, communication, finance, automobile, and medical treatment as the range of IT utilization becomes extended. The telecommunication-broadcasting bundling is a typical example of integration between industries. This study analyzed the effect of the service features of the bundling on the customer's acceptance intention by applying the innovative technology product acceptance model, TAM, in the process of accepting the telecommunication-broadcasting bundling. This study suggests three independent variables, the 'low cost(discount)', 'service integrity', and 'selectability', which affect perceived usefulness, perceived ease of use, and perceived risk, and figures out the actual influence as follows. In conclusion, these results suggest that in order to accept and spread the telecommunication-broadcasting bundling, it is necessary to establish (1) the cost discounting strategy realize (price strategy), (2) the fee noticing system, payment system, call-service system, and systemic integration including installation and A/S system integration, and develop (service strategy), (3) the bundling or related options that can provide users with selectability (product strategy).

• Journal of the military operations research society of Korea
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• v.37 no.1
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• pp.49-70
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• 2011

This paper re-evaluated the research on the accounting information's effectiveness in military construction contracts, questioning the former research results on the central army's construction contract that was under the Qualification Assessment System, especially concerning the relations between the accounting information and the bidding ratios as well as the relations between the bidding rates and the defect rates, which targeted between 1 to 10 billions civil engineering, construction, electricity, telecommunication, and environment work types. Unlike the previous results, the relationship between the accounting information and the bidding rates was shown to be considerably limited that the bidding ratio could not be identified through the accounting information, while it could discern the relations with the defect rates. Furthermore, the proven results did not support the hypothesis that the differences in bidding rates could affect the defect ratio. However, through the prediction model of bidding and defect ratios, we could identity the accounting variables that influenced the ratios. Additionally through the results regarding the non-financial indexes in the Pre-Qualification items, the weight on these indexes could be adjusted. In conclusion, the research results has given us new understanding of the problems in the Qualification Assessment System which accounts for the majority of the current military construction contracts and provide validity on the government's expanded implementation of the Lowest Price Award System.

• Korea Journal of Hospital Management
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• v.25 no.2
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• pp.45-56
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• 2020

Purpose: The purpose of this study is to investigate medical care behaviors influencing accuracy of the payment based New diagnosis-related groups (DRG) compared to fee for service (FFS) in hospitalized patients with medical illness. Methodology: In order to estimate the difference in medical costs between New DRG and FFS depending on medical care behaviors, medical records and hospital claims data (n=4,232) were utilized, which were collected from a single public hospital during the first-half of 2018. Data were analyzed by descriptive statistics, t-test, chi-square test, and multivariate binary logistic regression. Findings: The average difference in medical costs between New DRG and FFS were KRW 506,711±13,945 with incentives and KRW -51,506±12,979 without incentives, respectively. Forty-four point two percent (44.2%, n=1,872) of total subjects were shown to have negative compensation in overall medical costs with New DRG compared to the costs with FFS. Medical care behaviors that affected on the negative compensation were the presence of severe bed sores on admission, medical consultations, death, operations, medications and laboratory or imaging tests with unit price over KRW 100,000, hospital-acquired complications or underlying comorbidities, elderly patients (≧65 years), and hospitalized for more than average inpatient days defined by New DRG (p<0.001). The difference in average medical cost between New DRG and FFS for a group with mild illness was KRW -11,900±10,544, whereas it was KRW -196,800±46,364 for a group with severe illness (p<0.0001). Practical Implications: These findings suggest that New DRG payment model without incentives may incompletely cover the variation of medical costs in real clinical practice. Therefore, policy makers need to consider that the current New DRG reimbursement should be focused and refined to improve accuracy of payment on medical care resources utilized in severe and complex medical conditions.

• Journal of the Economic Geographical Society of Korea
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• v.11 no.4
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• pp.549-563
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• 2008

The purpose of this research is to identify the urban structure in Korea. Though there is research regarding urbanization, there is little regarding the urban structure of the Korean economy. In this paper, two issues will be discussed: the measurements of inter-city and intra-city structure in Korean Metropolitan Statistical Areas (MSAs), which is newly defined. First, the city size rank rule, widely known as Zipf’s Law, will illustrate Korean the inter-city structure. The city size rank rule gives an idea whether Korean MSAs are balanced or not. In general, Korea has a heavy concentration in the Seoul MSA in terms of population. It could be either that the Seoul MSA is too big or that the Busan MSA is too small or both. If this is the primacy problem, a decentralization policy is necessary. On the other hand, if it is a second city problem, development policies for the Busan MSA and Daegu MSA are more important. Next, the Korean intra-city structure will be discussed. The evolutions of the MSAs explain intra-city structure by analyzing population density function and the housing price function. Some large MSAs such as Seoul and Busan have experienced urban sprawl, while other MSAs have experienced urban concentration. The population density gradient by the distance from the ARC GIS shows the growth rate of a city. According to the Spatial Mismatch Index between population and employment, the Ulsan MSA, Gwangju MSA, and Suwon-Hwaseong-Osan MSA are more mismatched, while the Daejeon MSA and Incheon MSA are less mismatched. Therefore, these analyses of Korean urban structure are meaningful in developing regional policy.

• Journal of Bio-Environment Control
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• v.26 no.4
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• pp.258-267
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• 2017

The price competitiveness of photovoltaic system (PV system) has risen recently due to the growth of industries, however, it is rarely applied to the greenhouse compared to other renewable energy. In order to evaluate the application of PV system in the greenhouse, power generation and optimal installation area of PV panels should be analyzed. For this purpose, the prediction of the heating and cooling loads of the greenhouse is necessary at first. Therefore, periodic and maximum energy loads of a multi-span greenhouse were estimated using Building Energy Simulation(BES) and optimal installation area of PV panels was derived in this study. 5 parameter equivalent circuit model was applied to analyzed power generation of PV system under different installation angle and the optimal installation condition of the PV system was derived. As a result of the energy simulation, the average cooling load and heating load of the greenhouse were 627,516MJ and 1,652,050MJ respectively when the ventilation rate was $60AE{\cdot}hr^{-1}$. The highest electric power production of the PV system was generated when the installation angle was set to $30^{\circ}$. Also, adjustable PV system produced about 6% more electric power than the fixed PV system. Optimal installation area of the PV panels was derived with consideration of the estimated energy loads. As a result, optimal installation area of PV panels for fixed PV system and adjustable PV system were $521m^2$ and $494m^2$ respectively.