• Title/Summary/Keyword: Price Pattern

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A Study on the Basic Pattern of Men's Casual Jacket (남성 캐주얼 재킷 원형 개발에 관한 연구)

  • Kim, Mi-Jung;Jo, Jin-Suk
    • Journal of the Korean Society of Clothing and Textiles
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    • v.30 no.2 s.150
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    • pp.207-220
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    • 2006
  • The purpose of the study is to develop the basic pattern of casual jacket for men aged between 25 and 34. Compared to the tailored jackets, casual jackets are designed much more diverse form depending on the target customer, price range and moreover fashion trend. Therefore in order to reduce the cost and time of developing new style, pattern draft from the basic pattern is better approach rather than develop each style form the measurements every time. For men's casual jacket pattern draft, the basic pattern of fit and comfort was developed through following research procedures. 173 men were surveyed about their habit of buying and wearing of casual jackets. MDs and pattern designers of 10 casual wear brands for men were interviewed. As a starting point, 3 different basic patterns were selected. 2 patterns were from the 2 interviewed brands and the last one was the pattern of ESMOD. The 3 patterns were studied by means of comparing measurements and general styling. As a results it was found that the pattern of S brand is featuring I silhouette, the pattern of K brand is featuring H silhouette and the pattern of ESMOD is featuring Y silhouette. The results of wearing test showed that the pattern of S brand is the best among the three. They were to add ease around the chest line and waist line, to relocate the waist line and the break point, to increase the jacket length and upper arm width. The improved pattern was made of polyester for the wearing test. The wearing test showed developed pattern was improved significantly. To verify the use of developed basic pattern, two buttoned single jacket was made.

An Optimal Pricing and Inventory control for a Commodity with Price and Sales-period Dependent Demand Pattern

  • Sung, Chang-Sup;Yang, Kyung-Mi;Park, Sun-Hoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2005.05a
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    • pp.904-913
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    • 2005
  • This paper deals with an integrated problem of inventory control and dynamic pricing strategies for a commodity with price and sales-period dependent demand pattern, where a seller and customers have complete information of each other. The problem consists of two parts; one is each buyer's benefit problem which makes the best decision on price and time for buyer to purchase items, and the other one is a seller's profit problem which decides an optimal sales strategy concerned with inventory control and discount schedule. The seller's profit function consists of sales revenue and inventory holding cost functions. The two parts are closely related into each other with some related variables, so that any existing general solution methods can not be applied. Therefore, a simplified model with single seller and two customers in considered first, where demand for multiple units is allowed to each customer within a time limit. Therewith, the model is generalized for a n-customer-classes problem. To solve the proposed n-customer-set problem, a dynamic programming algorithm is derived. In the proposed dynamic programming algorithm, an intermediate profit function is used, which is computed in case of a fixed initial inventory level and then adjusted in searching for an optimal inventory level. This leads to an optimal sales strategy for a seller, which can derive an optimal decision on both an initial inventory level and a discount schedule, in $O(n^2)$ time. This result can be used for some extended problems with a small customer set and a short selling period, including sales strategy for department stores, Dutch auction for items with heavy holding cost, open tender of materials, quantity-limited sales, and cooperative buying in the on/off markets.

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Electric Power Demand Prospect Pattern System (전력 수요 예측 패턴 시스템 설계)

  • Yu, seung-hyun;Lee, joung-myung;Park, han-ho;Kwak, nae-joung;Lee, hyun-tae;Jeon, jae-sung
    • Proceedings of the Korea Contents Association Conference
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    • 2008.05a
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    • pp.112-115
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    • 2008
  • Recently, In Korea Electric power Corporation guarantee free using, which separate a class of electric supply with a group of generates electricity and supply, so a market price is decided by demand and supply that take part in a tender. In this treatise predict about demand of power by abstracting a pattern cause it (temperature and economic growth). Also it proposes market price of the best electricity power generation with predicted data that is made database and is showed by Web. The proposed system is increased satisfaction of consumer through smoothness of power supply and demand that rises competitiveness through exactly estimated demand at power supply and demand and supply market will open the future. Moreover consumers can reduce expenses of basic charge. Because they beforehand predict and analyze a mount of power spending with former times so a provider concludes the lowest price and reduction effect of basic charge that needed producing of power.

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The Nationality Effect of Price Discrimination in the Container Shipping Market and Its Implications for Development Economics: Treating Hanjin Shipping's Collapse as a Natural Experiment

  • Ko, Byoung-Wook
    • Journal of Korea Trade
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    • v.24 no.6
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    • pp.115-134
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    • 2020
  • Purpose - International trade leads to the international division of labor, improving the efficiency of the global economic system. Transport costs are a more serious barrier to international trade than customs tariffs. An increase in competition in the transport sector may thus lead to a reduction in transport costs. However, if a carrier's nationality significantly influences transport costs, simply adding more competing carriers of different nationalities would be ineffective. Therefore, it is necessary to establish national or regional carriers to influence competition and reduce transport costs. This study investigates this "nationality effect" by treating Hanjin Shipping's collapse as a natural experiment. Design/methodology - The theoretical basis of this study is the 3rd-degree price discrimination in container shipping market. By using the monthly data of container freight rates of Korea, China and Japan, this study shows the so-called Korea Premiums, which are the empirical counterparts of nationality effect in Korea container shipping market. For this empirical investigation, the structural model with state-space form is used and the dummy models are also estimated. In addition, because China has been also affected by the Hanjin's collapse, the China premiums are considered too. Findings - Compared with Japan's case, it is shown that there had been the so-called Korea premiums since the collapse of Hanjin Shipping. These results are robust from both the state-space model and dummy models. The time pattern of Korea premiums was consistent with the market evolution, especially the pattern of substitutability in container shipping markets. In addition, this paper shows the magnitude of Korea premiums. Originality/value - The argument of this study that the nationality effect can be interpreted as an extended concept of the home market effect is original, which is expected to evoke future research efforts. Further, the discussion on the shipping industrial policy from both horizontal and vertical aspects will provide the relevant policy makers with solid information, especially for the policy coordination in a global scale.

The Development and Application of Office Price Index for Benchmark in Seoul using Repeat Sales Model (반복매매모형을 활용한 서울시 오피스 벤치마크 가격지수 개발 및 시험적 적용 연구)

  • Ryu, Kang Min;Song, Ki Wook
    • Land and Housing Review
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    • v.11 no.2
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    • pp.33-46
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    • 2020
  • As the fastest growing office transaction volume in Korea, there's been a need for development of indicators to accurately diagnose the office capital market. The purpose of this paper is experimentally calculate to the office price index for effective benchmark indices in Seoul. The quantitative methodology used a Case-Shiller Repeat Sales Model (1991), based on actual multiple office transaction dataset with over minimum 1,653 ㎡ from Q3 1999 to 4Q 2019 in the case of 1,536 buildings within Seoul Metropolitan. In addition, the collected historical data and spatial statistical analysis tools were treated with the SAS 9.4 and ArcGIS 10.7 programs. The main empirical results of research are briefly summarized as follows; First, Seoul office price index was estimated to be 344.3 point (2001.1Q=100.0P) at the end of 2019, and has more than tripled over the past two decades. it means that the sales price of office per 3.3 ㎡ has consistently risen more than 12% every year since 2000, which is far above the indices for apartment housing index, announced by the MOLIT (2009). Second, between quarterly and annual office price index for the two-step estimation of the MIT Real Estate Research Center (MIT/CRE), T, L, AL variables have statistically significant coefficient (Beta) all of the mode l (p<0.01). Third, it was possible to produce a more stable office price index against the basic index by using the Moore-Penrose's pseoudo inverse technique at low transaction frequency. Fourth, as an lagging indicators, the office price index is closely related to key macroeconomic indicators, such as GDP(+), KOSPI(+), interest rates (5-year KTB, -). This facts indicate that long-term office investment tends to outperform other financial assets owing to high return and low risk pattern. In conclusion, these findings are practically meaningful to presenting an new office price index that increases accuracy and then attempting to preliminary applications for the case of Seoul. Moreover, it can provide sincerely useful benchmark about investing an office and predicting changes of the sales price among market participants (e.g. policy maker, investor, landlord, tenant, user) in the future.

A Study on the Use of Bedclothes (침구류의 사용실태에 대한 연구)

  • 박광희
    • Journal of the Korean Home Economics Association
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    • v.39 no.10
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    • pp.29-37
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    • 2001
  • The purpose of this study is to investigate the preference and the use of the bedclothes. The data were obtained from market research of 12 department stores which were located in Seoul, Daegu and Busan, and from questionnaires completed by 356 women in Daegu area whose age was 20 years and older. The SPSS package was used for data analysis which includes frequency, percentage, $X^2$test, ANOVA, and Scheffe test. Cotton was the most popular fiber for coverings and fillings. Color preference was in the order of pastel, non-chromatic, vivid, and white color and pattern preference was in order of floral, check, and stripe pattern. Practicality, color and fabric were the most important factors and price was the most unsatisfied factor when bedclothes were purchased. Also, information for bedclothes was obtained mainly through internet shopping, home shopping or catalog shopping.

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Micro Pattern Screen Printing (미세 패턴 스크린 프린팅)

  • Choi Y.J.;Jung K.I.;Lee T.M.;Kim Y.S.;Kim K.Y.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2006.05a
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    • pp.589-590
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    • 2006
  • Recently, research for the micro printing technology has begun to get into the spotlight. It is due to the superior price competitiveness to existent semi-conductor process for manufacturing some parts of display unit, electronic paper, RF-ID information device, and so on. This paper present screen printing process not for paper publication but for parts of electronics such as PDP wall, LCD CF, and so on. There are two major issues. The first one is how to get a fine and even line pattern. The other one is how to get the same patterns in large area. In this research, we present the design, equipment, and process control of screen printing in order to overcome these issues.

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Estimation of Load Pattern due to Midnight Power Equipment (겨울철 심야기기 사용에 따른 부하사용패턴 추정)

  • Kim, C.S.;Rhee, C.H.;Jin, B.M.;Baek, Y.S.
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.48-50
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    • 2001
  • Recently, electric heating using midnight power has brought a rapid increase. due to a rise of oil price and a low tariff of midnight power. Therefore, the increase of midnight power use has much influenced on midnight load pattern. This paper estimates the load pattern due to midnight power equipments, analyzes the influence of the spread of midnight power equipments on midnight load and suggests reasonable spread level of equipments.

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Prototyping and Field Application of Light Emotion Friendly Concrete with Pattern Design (패턴 디자인이 적용된 LEFC 시제품 제작 및 현장적용)

  • Seo, Seung-Hoon;Kim, Soo-Yeon;Kim, Byoung-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.203-204
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    • 2019
  • Recently, exposed concrete designs have been placed everywhere due to increased interest in indoor residential environments. In addition, in order to overcome the disadvantages of litracon, which was developed by mixing optical fiber, LEFC(Light Emotion Friendly Concrete) was developed in Korea, which improved unit price and constructivity by inserting hard acrylic rods. LEFC, using foaming agent and lightweight aggregate for light weighting, has disadvantages that decrease mechanical properties, and thus improved mechanical properties by using ultra-high performance concrete. Also, due to the characteristics of UHPC materials, it showed excellent self-consolidating performance. Considering these characteristics, a LEFC mold with pattern design was developed. The LEFC blocks were built so that pattern shapes could be seen and these were applied on-site to Sewoon plaza, located in Seoul.

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A Survey on the Pattern of Possession and Utilization of Clothes (의복소비 및 활용실태 분석)

  • 서영숙;조필교;구은영
    • The Research Journal of the Costume Culture
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    • v.5 no.2
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    • pp.207-216
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    • 1997
  • The purpose of this study is to find out more rational way to manage clothing. The study is based on a survey of daily clothing practices. 112 female college students who are majoring clothing, textiles, and/or home economics have responded to the questionnaires. With the samples, frequency, factor analysis, discriminant analysis, ANOVA, and Scheffe test are pursued respectively. Main results of the survey analysis could be summarized as follows : 1. Female college students are found to possess 70 units on average. They possess more of casual clothes such as polo·T shirts, casual pants, and casual shirts (from the highest frequency in order). They possess less of formal clothes such as one-piece and two-pieces (from the lowest frequency in oder). 2. It is found that 12 per cent of the possessed clothings are not used at all during the year. The unused rate is higher for the formal suits while it is lower for the casuals. 3. The possession pattern is affected by clothintg life style factors : brand and economic factors for the casuals ; fashion and individuality factors for the formals. 4. The possession pattern is also affected by the purchasing behavior factors, purchasing price among others.

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