• Journal of Distribution Science
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• v.13 no.11
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• pp.47-58
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• 2015

Purpose - This study aims to seek determinants of department store sales commission rates under consignment contracts based on transaction cost theory, the power-dependence view, and the resource-based view. A consignment contract is a unique contract where the retailer, over a given period, takes possession of goods owned by a supplier, promotes the sales of these goods, and receives a profit share from their sales. Under this contract, the supplier owns the goods until they are sold. In department stores in South Korea, over 70% of overall sales comes through consignment contracts. In other words, this is the most popular contract agreement between large retailers and vendors in South Korea. Consignment contracts yield high profits to department stores with minimal sales uncertainty, stock cost, and marketing investment. Many suppliers believe the consignment contract commission rates are too high. However, department stores disagree. They state that the commissions are not high as they generate new value for the suppliers by accumulating up-to-date merchandise and supporting various marketing programs on their behalf. Recently, consignment contracts have been critically examined and scrutinized by politicians, mass media, and the public of Korea. This study further intends to derive implications reflecting both buyer and seller perspectives as well as offer insights to policy makers in making appropriate decisions. Research design, data, and methodology - To verify the proposed research model and test hypotheses, the authors selected 164 suppliers, which currently have relationships with department stores. This study carefully investigated the reliability, content validity, convergent validity, and discriminant validity of the proposed model. The data were analyzed using SPSS 18.0 and AMOS structural equation modeling program Results - For the transaction cost theory and the power-dependence view, the results indicated that product diversity and demand volatility had a positive impact on the sales dependence on a department store. Dependence in turn had a positive effect on the sales commission under the consignment contract. Based on the resource-based view, the department store's marketing capability, the supplier's perception toward merchandising, and supporting activities could enhance the department store's channel leadership in the buyer-seller relationship. Subsequently, the channel leadership had a positive effect on the sales commission. However, product complexity had no relationship with department store dependence. Conclusions - This is the first empirical research that investigates the determinants of sales commissions under consignment contracts in the domestic retail industry. This study reveals several theoretical and practical implications for both marketing scholars and marketers. In terms of theoretical implication, this study integrated and enlarged certain theoretical background, such as transaction cost theory, the power-dependence view, and the resource-based view, to explain the determinants of sales commissions under consignment contracts that include sales revenue. From a business management viewpoint, this research offers useful insights for policy makers by applying two different perspectives, both the manufacturer and the retailer, in terms of the sales commission issue under a consignment contract.

• Communications for Statistical Applications and Methods
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• v.17 no.4
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• pp.493-505
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• 2010

Developing a test for independence of random variables X and Y against the alternative has an important role in statistical inference. Kochar and Gupta (1987) proposed a class of tests in view of Block and Basu (1974) model and compared the powers for sample sizes n = 8, 12. In this paper, we evaluate Kochar and Gupta (1987) class of tests for testing independence against quadrant dependence in absolutely continuous bivariate Farlie-Gambel-Morgenstern distribution, via a simulation study for sample sizes n = 6, 8, 10, 12, 16 and 20. Furthermore, we compare the power of the tests with that proposed by G$\ddot{u}$uven and Kotz (2008) based on the asymptotic distribution of the test statistics.

• Proceedings of the KIEE Conference
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• 1995.07c
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• pp.1388-1390
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• 1995

The characteristic of dielectric breakdown in solid insulating material dominates the reliability and safety of power equipment and affects directly to its life. In this point of view, the thickness and temperature dependence of dielectric breakdown strength and mechanism of dielectric breakdown in low density polyethylene which has been employed widely as insulating material have been technically reviewed by examinations of thermal property. The dielectric breakdown strength depending on its thickness was measured 2.6[MV/cm] at the thickness of 20[${\mu}m$] and 1.9[MV/cm] at the thickness of 75[${\mu}m$] based on ambient temperature of 30[$^{\circ}C$]. It is shown the temperature dependence that dielectric breakdown strength decreases in linear as the thickness increases. The dielectric breakdown strength depending on temperature was measured 2.6[MV/cm] at the temperature of 30[$^{\circ}C$], 1.6[MV/cm] at 60[$^{\circ}C$] and 1.3[MV/cm] at 90[$^{\circ}C$] based on the thickness of 20[${\mu}m$]. As the ambient temperature increases, the temperature dependence is shown that a very large drop is occurred up to temperature of 60[$^{\circ}C$] and a very small drop is discovered over 60[$^{\circ}C$].

• 전기의세계
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• v.16 no.1
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• pp.19-28
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• 1967

Indigenous energy resources available in Korea are limited to the three major resources such as Korean anthracite, hydraulic potential and wood and straws. As reported in various reports concerning energy problem in Korea, unfortunately these three major resources are not only poor in quality but also limited in quantity. The amount of energy to be imported, which will be increased at a considerably high rate by years due to the shortage in the supply by domertic sources against the demand, is studied in the view-pint of sound and logical energy dependence upon the external sources. What would occur, if the imported energy would be exclusively limited to an energy source only, has an enough reason to be paid a significant consideration. As a result, the feasibility is discarded in favour of nuclear power plants after an extensive prospect for electric power development plan covering more than coming thirty years, i.e., up to the year of 2,000 A.D. In briefing, this paper indicates that a measures to accomodate as large amount of nuclear power plants as possible in the electric power system is not only inevitable for a sound solution of the severe energy problem with which Korea is to be confronted but also leads to the national benefit.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 2006.05a
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• pp.941-945
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• 2006

In the development of electricity generating wind turbines for wind farm application, only two types have survived as the methods of power regulation; stall regulation and fun span pitch control. The sound measurement procedures of IEC 61400-11 are applied to field test and evaluation of noise emission from each of 1.5 MW and 660 kW wind turbine generators (WTG) utilizing the stall regulation and the pitch control for the power regulation, respectively. Apparent sound power level, wind speed dependence and third-octave band levels are evaluated for both of WTGs. It is found that while 1.5 MW WTG using the stall control is found to emit lower sound power than 660 kW one using the pitch control at low wind speed (below 8 m/s), sound power from the former becomes greater than that of the latter in the higher wind speed. Equivalent continuous sound pressure levels (ECSPL) of the stall control type of WTG vary more widely with wind speed than those of the pitch control type of WTG These characteristics are believed to be strongly dependent on the basic difference of the airflow around the blade between the stall regulation and the pitch control types of WTG. These characteristics according to the methods of power regulation lead to the very different noise emission characteristics of WTG depending on the seasons because the average wind speed in summer is lower than the critical velocity over which the airflow on the suction side of blade in the stall types of WT are separated. These results propose that, in view of environmental noise regulation, the developer of wind farm should give enough considerations to the choice of power regulation of their WTG based on the weather conditions of potential wind farm locations.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.27 no.4
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• pp.1-7
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• 2013

Optical characteristics including the view angle and color temperature uniformity of LED packages with an integrated lens fabricated by compression molding method are investigated according to lens shape, lens materials, and phosphor coating methods. Four types of lens shape are designed and their optical output power dependence on the refractive index of silicone encapsulant are evaluated. Also, spatial color temperature uniformities of packages fabricated with different phosphor coating methods-direct coating on a chip vs. uniformly mixed with silicone encapsulant- are compared at various view angles. As the result, it is found that phosphor coating method is more effective on color temperature uniformity than lens shape. The maximum color temperature difference of a package with direct coating of phosphor on a chip is 1,340K according to the view angle at the color temperature of 5,000K, and that of a package with uniformly mixed phosphor is 250K, which indicates 1,090K improvement of color uniformity for the latter case.

• Proceedings of the KSME Conference
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• 2001.06d
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• pp.703-707
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• 2001

A performance analysis of a SOFC/MGT hybrid system has been carried out for concept design. Thermo-dynamic models for each component being able to describe electrochemical characteristics and heat and mate-rial balance are proposed. Estimated is the power capacity of a SOFC suitable for the hybrid operation with a 5kW class MGT. Effects of current density and operating pressure are also investigated. Electric efficiency showed weak dependence on operating pressure and current density. It is desirable that the SOFC operates at high current density in manufacturing cost's point of view though operating with high current density slightly decreases the electric efficiency find specific power.

• Transactions of the Korean Society for Noise and Vibration Engineering
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• v.16 no.8 s.113
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• pp.864-871
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• 2006

In the development of electricity generating wind turbines for wind farm application, only two types have survived as the methods of power regulation; stall regulation and full span pitch control. The main purpose of this paper is to experimentally identify the characteristics of noise emission of wind turbines according to the power regulation types. The sound measurement procedures of IEC 61400-11 are applied to field test and evaluation of noise emission from each of 1.5 MW and 660 kW wind turbines (WT) utilizing the stall regulation and the pitch control for the power regulation, respectively. Apparent sound power level, wind speed dependence, third-octave band levels and tonality are evaluated for both of WTs. It is observed that equivalent continuous sound pressure levels (ECSPL) of the stall control type of WT continue to increase with increasing wind speed whereas those of the pitch control type of WT show less correlation with wind speed. These observed characteristics are believed to be due to the different airflow patterns around the blade between the stall regulation and the pitch control types of WT; the airflow on the suction side of blade in the stall types of WT are separated at the high wind speed. It is also found that the 1.5 MW WT using the stall control emits lower sound power than 660 kW one using the pitch control at wind speeds below 8m/s, whereas sound power of the former becomes higher than that of the latter in the wind speed over 8m/s. This wind-speed dependence of sound power leads to the very different noise omission characteristics of WTs depending on the seasons because the average wind speed in summer is lower than 8m/s whereas that in summer is higher. Based on these experimental observations, it is proposed that, in view of environmental noise regulation, the developer of wind farm should give enough considerations to the choice of power regulation of their WTG based on the weather conditions of potential wind farm locations.

• Journal of Power Electronics
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• v.16 no.2
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• pp.572-583
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• 2016

In view of the speed control characteristics of induction traction motors and the problems of direct torque control (DTC) algorithms in current applications, this paper presents a DTC algorithm characterized by a symmetrical polygon flux control and a closed loop power control in the constant-torque base speed region and constant-power field-weakening region of induction traction motors. This algorithm only needs to add a stator flux control algorithm to the traditional DTC structures. This has the benefit of simplicity, while maintaining the features of traditional algorithms such as a rapid dynamic response, uncomplicated control circuit, reduced dependence on motor parameters, etc. In addition, it obtains a smoother flux trajectory that is conducive to improvement of the harmonic elimination capability, the switching frequency utilization as well as the torque and power performance in the field-weakening region. The effectiveness and feasibility of this DTC algorithm are demonstrated by both theoretical analysis and experimental results.

• Bulletin of the Korean Chemical Society
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• v.30 no.9
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• pp.2001-2006
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• 2009

Temperature dependence of the critical micelle concentration (CMC), $x_{CMC}$, in micellization can be described by ln $x_{CMC}$ = A + BT + C lnT + D/T, which has been derived statistical-mechanically. Here A, B, C, and D are fitting parameters. The equation fits the CMC data better than conventionally used polynomial equations of temperature. Moreover, it yields the unique(exponent) value of 2 when the CMC is expressed in a power-law form. This finding is quite significant, because it may point to the universality of the thermal behavior of CMC. Hence, in this article, the nature of the equation ln $x_{CMC}$ = A + BT + C lnT + D/T is examined from a lattice-theory point of view through the Flory-Huggins model. It is found that a linear behavior of heat capacity change of micellization is responsible for the CMC equation of temperature.