• Proceedings of the Korean Institute of Interior Design Conference
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• 2002.04a
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• pp.39-43
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• 2002

IMF situation in Korean society in 1997 gave huge shock to all areas, such as politics, economy, and society which were covered by bubble economy. It has passed 4 years since IMF but it is continued to increase of consumer price index and depression of the society. Receiving an order in interior design become more and more tense competition domestically as well as internationally, due to the open of WTO. In order to achieve economic design of low cost-high design which pursues the power of competition in cost and quality, this study investigated specific methods for economic design and suggested the directions for economic design in interior design field. To suggest the directions of future interior design for economic design with the analysis of domestic and international cases for economic design. the following results are showed: According to the analysis of the cases, economic design is accomplished with the use of the materials. Interior designers should consider how they can use materials for economic design. Especially, use of cheap materials gives the reduction of the cost and the effects of differentiation of the spaces more. Therefore, experimentalism and knowledge of materials are needed and they should be more weighted as the method for achieving economic design,

• Journal of the Korean Graphic Arts Communication Society
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• v.30 no.2
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• pp.59-68
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• 2012

As one of the eletronic device industries has been developed by using a recent printing method, the consumption of Ag paste has been on the rise as well. The printing method has simple processes in comparison with other methods. Also it enables to be large-scaled and to lower price ranges. If UV curing system would be applied to the printing method, energy consumption and dangerousness from curing system can be minimized in a short period of time so that its method can be more eco-friendly. This study conducted an experiment in order to make UV curing Ag paste which is feasible to implement micro patterns with different dispersing agents. The purpose of the study is to analysis the suitable printability for micro pattern and to test dispersibility, hardening properties, conductivity and adhesive stength by measuring viscosity, TI(thixotropy index), G', G", $tan{\delta}$(G"/G') after making paste. We have experimented with four dispersing agents. After We did an analysis of characteristic of rheology, conductivity and adhesive stength, etc, We confirmed that the paste added FP 3060 has excellent dispersibility, conductivity and adhesive stength. If the paste has excellent dispersibility, we will expect that micro pattern is made by that.

• Journal of Korean Society of Rural Planning
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• v.16 no.1
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• pp.49-62
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• 2010

As people get aged, we need to pay more attention to the elderly living condition with respect to welfare policy. The present study focuses on housing condition of elderly people living in rural area, and analyzes its determinants, periodical difference, and regional disparities, incorporating an index of minimum housing standard. This study applies multi-level logit model that has a strong statistical advantage that can take random aspects of household and regional context into account. We found that married couple household, presence of economically-active family members, higher education, specialized profession, migration and higher level of land price tend to lower the probability of residing in substandard housings. We also found that housing conditions for elderly people prove to be different by regions and it is particularly noticeable in mountainous rural areas in Gyeongsangnam-do and Gyeongsangbuk-do with the poorest elderly housing conditions. Results also implies that housing welfare policies should be implemented differently considering the target groups based on regional differences. We conclude with some additional policy implications for the elderly living in rural areas.

• Journal of the Korean Society of Tobacco Science
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• v.10 no.2
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• pp.109-116
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• 1988

Oriental tobacco (KA 101) was transplanted from Mar. 25 to May 5 with 10 days interval in 1984 and 1985, and its agronomic characteristics, chemical properties ware compared to determine the Proper transplanting time of aromatic tobacco In Korea. As the transplanting was delayed, days to flowering of plant was shortened, length and width of largest leaf, leaf area index tended to decrease. Yield was highest for the Apr. 5th transplanting followed by Mar. 25th planting, then decreased as the planting date was delayed. Quality by price decreased as the transplanting was delayed later than Apr. 25. Delaying transplanting increased nicotine, total nitrogen and ash content, but decreased reducing sugar and petroleum ether extract of cured leaves, The content of volatile organic acids such as 3-methyl pentanoic acid was lower when it was transplanted later than Apr. 25th. Neophytadiene content increased as the transplanting was delayed, but there were no trends with the content of alcohols, aldehydes esters and ketones. Several quality indices including the ratio between the content of volatile organic acids plus petroleum ether extract and ash content plus pH was higher for the Apr. 5th transplanting.

• Proceedings of the Korea Water Resources Association Conference
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• 2016.05a
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• pp.239-239
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• 2016

우리나라는 보통 2~3년에 한 번 정도로 크고 작은 가뭄이 발생하지만 최근에는 그 피해가 점점 늘어나 2006년 이후에는 거의 매년 가뭄현상이 발생하고 있다. 특히 2015년에는 강수량이 평년의 절반도 되지 않는 수준이었다. 가뭄의 원인은 전 세계적인 엘리뇨, 라니냐 등 이상기후에 따른 변화로 인해 강수량 부족과 온도상승으로 인한 물부족 등이 있다. 가뭄의 평가는 강수량, 하천유량, 지하수 등 수자원 자료를 활용하여 가뭄지수로 평가하는 것이 일반적이다. 가뭄피해 추정방법론에 의해 생활용수, 공업용수, 농업용수, 하천유지용수와 수력 발전 손실에 따른 피해규모 등으로 구분되어 진다. 그러나, 가뭄 피해산정은 피해면적, 제한급수일수, 가뭄의 시작과 끝 등의 규모나 범위를 정하기 어렵고 요구되는 자료가 방대하기 때문에 쉽지 않다. 본 연구에서는 충청북도 청주지역의 농업부문에 대한 가뭄피해산정을 분석하기 위해 표준강수지수(Standardiz d Precipitation Index, SPI)를 파악하였다. 또한, 단일작물을 선정하여 통계연보를 활용하여 2006년부터 2015년까지 총 10년간 년도 별 단일작물에 대한 생산량, 평년 생산량, 경작 면적 등을 분석하고 농작물 피해가 발생한 실제 농작물 피해면적을 분석하여 경작면적에 대한 가뭄 전 후의 생산량을 분석하여 년도별 가뭄 피해추정액을 산정하였다.

• Journal of the Society of Naval Architects of Korea
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• v.42 no.5 s.143
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• pp.542-549
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• 2005

Naval ships are complex weapon systems which play the integrated performance by system integration of many kinds of weapon systems and their leading ships are usually not disposed after test and evaluation but militarised. Then, strict project management is required for naval ship building projects by identifying problems early and by taking prefer measures in time against unexpected situations encountered in the process of the projects. EVMS is a project management system which can manage the schedule and the budget of a project concurrently and estimate the project's time duration and the cost at project completion. In this paper, the applicability and usefulness of WMS is studied for a assumed navai ship building project, in the environment of monetary fluctuations such as price index, wage increase rate and exchange rate.

• Journal of Korea Trade
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• v.24 no.5
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• pp.35-54
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• 2020

Purpose - It seems common sense that corporate social responsibility (CSR) is a key driver of business sustainability. Nevertheless, there has been little research on the performance of socially responsible activities, including economic and environmentally responsibility activities, in internationally diversified firms. Design/methodology - The purpose of this study was to evaluate the effects of CSR activities on management performance. For this evaluation, an empirical analysis was conducted with total of 2,520 cases, selected from companies listed on the Korea Composite Stock Price Index market for six years from 2013 to 2018. As proxies for management performance, financial data such as a total asset net profit ratio and a total asset operating ratio were used. A multivariate regression analysis was conducted to test hypotheses. Findings - The results of this analysis indicated that firms in the CSR outstanding group were ranked significantly higher than other groups in management performance. In addition, CSR activities of internationally diversified firms positively influenced the total asset net profit ratio and total asset operating ratio. Originality/value - The results suggest that the CSR activities of these firms can play a significant role in enhancing management performance in the economic status of Korea, where the degree of export dependency is high.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.5
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• pp.839-850
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• 2021

Risk-adjusted return is believed to be one of the optimal parameters to determine an optimum portfolio. A risk-adjusted return is a calculation of the profit or potential profit from an investment that takes into account the degree of risk that must be accepted to achieve it. This paper presents a new procedure in portfolio selection and utilizes these results to optimize the risk level of risk-adjusted Islamic stock portfolios. It deals with the weekly close price of active issuers listed on Jakarta Islamic Index Indonesia for a certain time interval. Overall, this paper highlights portfolio selection, which includes determining the number of stocks, grouping the issuers via technical analysis, and selecting the best risk-adjusted return of portfolios. The nominated portfolio is modeled using Quadratic Programming (QP). The result of this study shows that the portfolio built using the lowest Value at Risk (VaR) outperforms the market proxy on a risk-adjusted basis of M-squared and was chosen as the best portfolio that can be optimized using QP with a minimum risk of 2.86%. The portfolio with the lowest beta, on the other hand, will produce a minimum risk that is nearly 60% lower than the optimal risk-adjusted return portfolio. The results of QP are well verified by a heuristic optimizer of fmincon.

• Journal of Korea Society of Industrial Information Systems
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• v.24 no.1
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• pp.23-30
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• 2019

As deep learning with the network-based algorithms evolve, artificial intelligence is rapidly growing around the world. Among them, finance is expected to be the field where artificial intelligence is most used, and many studies have been done recently. The existing financial strategy using deep-run is vulnerable to volatility because it focuses on stock price forecasts for a single stock. Therefore, this study proposes to construct ETF products constructed through portfolio methods by calculating the stocks constituting funds by using deep learning. We analyze the performance of the proposed model in the KOSPI 100 index. Experimental results showed that the proposed model showed improved results in terms of returns or volatility.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.685-695
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• 2021

This study explores the impact of stochastic volatility in option pricing. To be more specific, we compare the option pricing performance between stochastic volatility option pricing model, namely, Heston option pricing model and standard Black-Scholes option pricing. Our finding, based on the market price of SET50 index option between May 2011 and September 2020, demonstrates stochastic volatility of underlying asset return for all level of moneyness. We find that both deep in the money and deep out of the money option exhibit higher volatility comparing with out of the money, at the money, and in the money option. Hence, our finding confirms the existence of volatility smile in Thai option markets. Further, based on calibration technique, the Heston option pricing model generates smaller pricing error for all level of moneyness and time to expiration than standard Black-Scholes option pricing model, though both Heston and Black-Scholes generate large pricing error for deep-in-the-money option and option that is far from expiration. Moreover, Heston option pricing model demonstrates a better pricing accuracy for call option than put option for all level and time to expiration. In sum, our finding supports the outperformance of the Heston option pricing model over standard Black-Scholes option pricing model.