• Title/Summary/Keyword: Products' price

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A Study on Problems and Solutions for Trading System of Fishery Products Wholesale Market in Korea (수산물 도매시장 거래제도의 문제점과 개선방안)

  • Kang, Jong-Ho
    • The Journal of Fisheries Business Administration
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    • v.45 no.1
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    • pp.79-93
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    • 2014
  • The Act on Distribution and Price Stabilization of Agricultural and Fisheries Product, which specifies rules and regulations on the trading system of fishery products wholesales markets, has been revised several times, mainly in order to improve the trading system. However, there is still a huge gap between the reality and law when it comes to the trading system of the fishery products wholesale market. This study aims to analyze the problems of the trading system of the fishery products wholesale market and to suggest ways to make improvement. The main problem facing the trading system of the fishery products wholesale market is sales on consignment by intermediate wholesalers, and this paper suggests two alternatives to solve the problem. First, intermediate wholesaler can be converted to market wholesalers, but it also entails other problems. The market wholesaler system has never been successfully adopted in the agricultural and fishery products wholesale market, and it is not clear which system is better between the wholesale market corporation and the market wholesaler system. Second, sales on consignment by intermediate wholesalers can be adopted with a positive view toward it. Negotiation transaction can be carried out for sales on consignment as a transaction method under the current Act on Distribution and Price Stabilization of Agricultural and Fisheries Products. However, since the act cannot provide a solution for listing, it is necessary to introduce Japan's negotiated transaction in advance system as a negotiation transaction method.

The Study on Consumers' Preference and Purchasing Property of Processed Grain Products (소비자의 곡물 가공제품 구매 속성 및 선호도 조사 연구)

  • Baek, Seung-Woo;Kim, Su-Hyeon;Hwang, Jung-Wook
    • Korean Journal of Organic Agriculture
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    • v.25 no.3
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    • pp.537-554
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    • 2017
  • This study had purpose to examine the consumers preference and buying property of processed products by rice, barley, wheat, bean. For the study, the interview was conducted of 300 samples more than 19 years of age. We attempt to examine consumers' preference and individual properties when purchasing processed grain products. Questionnaire was filled for the 23 variable by referring to previous studies to investigate the properties to consider when consumer purchasing the products. To conceptualize, reduce the high correlation parameters by factor analysis. The results attribute to seven factors that safety, brand/image, taste/shelf life, convenience seeking, preferred high-quality, price, consumption patterns. These properties showed significant differences in demographics. First, there was statistically difference by age in safety, brand/image, high quality preference, taste/shelf life. Second, Safety and high-quality preference were the difference between jobs, and depending on household income were significant difference in consumption patterns. We analyzed the purchasing preference by purchase frequency. Ramen, bread, beer are higher purchase frequency than any processed grain products. On the other hand, frozen rice, soybean paste, red pepper paste that are used primarily domestic raw, were lower purchase frequency. But the difference of purchase property according to products was very similar that the highest factor is price, the following factor as taste. Based on these findings, the implications and the limitations of the study were presented.

Hair Management Behavior and Hair Care Products Satisfaction of Women (성인 여성들의 모발관리행동과 모발화장품 만족도)

  • 김용숙;이지영
    • Journal of the Korean Society of Costume
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    • v.52 no.8
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    • pp.99-107
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    • 2002
  • The purpose of this study was to identify the hair management behavior and satisfaction of hair care products of women. A self-administered questionnaire developed by researchers was used. The subjects were 500 women who were residing in Chonbuk province from Aug. to Sep. 2002. Frequencies, percentages, means, and standard deviations were calculated. And One-way ANOVA and t-test were done. The results were as follows : 1. Most women were satisfied with the condition, gloss, and thickness of their hair, but unsatisfied with their hair color. As they were getting older, their satisfaction were lowered about their hair condition and gloss. 2. Most women went to beauty shops once or twice a month to have their hair permanent waved or cut. and some for dyeing or dry Few women went to beauty shop for make-up and peticures. 3. Women did frequent hair management behaviors such as cleansing, style, and providing nutrition, but caring dandruff and preventing alopecia were relatively less. Older or married women did more frequent hair management behaviors such as caring dandruff, preventing alopecia, dyeing, styling, and providing nutrition. Women used cleansing products to manage their hair, and styling products and nutrients to provide their hair with nutrition. 4. Specially price and efficiency satisfaction of dandruff care products, alopecia preventing products, dyeing products were very low.

A Manufacturing/Remanufacturing System with the Consideration of Required Quality of End-of-used Products

  • Guo, Jianquan;Ko, Young-Dae;Hwang, Hark
    • Industrial Engineering and Management Systems
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    • v.9 no.3
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    • pp.204-214
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    • 2010
  • A manufacturing/remanufacturing system is investigated with the consideration of required minimum quality of end-of-used products. A constant demand is satisfied by remanufacturing end-of-used products and manufacturing raw materials outsourced from outside. It is assumed in this system that the buyback price and remanufacturing cost are related to the different quality level of end-of-used products. For remanufacturing, only the used products that satisfy a required minimum quality level will be recycled. Thus, the returning rate is a function of the required minimum quality level. Functions of returning rate, buyback price and remanufacturing cost, which are closely connected to the quality level of end-of-used products, are investigated here. Treating the required minimum quality level of end-of-used products, the length of a cycle, the number of manufacturing lots and remanufacturing lots in a cycle as decision variables, the mathematical models with the objective of minimizing the average total cost are constructed. Through construction of a solution process based on Tabu Search algorithm and calculating examples, the validity of the models is illustrated.

A Comparative Study on the Marketing of Korean and Chinese Museum Cultural Products : Focused on the National Museum of Korea and the Palace Museum (韩·中博物馆文化商品营销比较研究 : 以国立中央博物馆和故宫博物院为中心)

  • He, Ting;Kim, Sunyoung
    • 지역과문화
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    • v.8 no.1
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    • pp.77-93
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    • 2021
  • The importance of cultural goods marketing in the management of museums is increasing as the museum's cultural goods are taking an important part in the profit.This study analyzes the differences in cultural goods between the National Palace Museum and the National Palace Museum through the 4P strategy of marketing products, prices, channels and promotion. While the National Palace Museum emphasizes cooperation with other companies in terms of products, the National Museum of Korea focuses on developing its own products.In terms of price, the two museums have different strategies because of their different market share.In terms of space, the National Palace Museum sells cultural goods through a variety of electronic merchants, while the National Museum of Korea is distributed through a special website.In terms of promotion, the Palace Museum uses online social media marketing strategies, while the National Museum of Korea collects ideas and develops cultural products through open recruitment activities every year. This research is of new significance to the development of cultural products in China and Korea through comparison between the National Palace Museum and the National Museum of Korea.

Empirical Analysis on the Effects of the Input Factor Price on the Industrial Markups in Korean Manufacturing Industries (생산요소가격의 변화가 제조산업 마크업에 미치는 영향에 관한 실증분석)

  • Kang, Joo Hoon
    • International Area Studies Review
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    • v.20 no.2
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    • pp.47-62
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    • 2016
  • This paper is to set up the empirical model in order to estimate industrial markup and to analyze the determinants for industrial markup by estimating the factor price elasticities of markup in the Korean manufacturing industries using the autoregressive distributed model. The import price elasticities of markup were estimated to be -1.025, -0.176, and -0.260 respectively in Machinery products, Chemical products, and Metallics which proved to have higher ratios of imported intermediate goods to industrial output. The interest elasticities of markup were also estimated to be -0.165, -0.147, and -0.210 respectively in Chemical products, Metallics, and Machinery products which are capital-intensive industries. Thus, the paper suggests that both import price index and interest rate have had more decisive effects on the changes in industrial markup in the Korean manufacturing industries, in particular, since the foreign currency crisis beginning in late 1997.

Research on a system for determining the timing of shipment based on artificial intelligence-based crop maturity checks and consideration of fluctuations in agricultural product market prices (인공지능 기반 농작물 성숙도 체크와 농산물 시장가격 변동을 고려한 출하시기 결정시스템 연구)

  • LI YU;NamHo Kim
    • Smart Media Journal
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    • v.13 no.1
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    • pp.9-17
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    • 2024
  • This study aims to develop an integrated agricultural distribution network management system to improve the quality, profit, and decision-making efficiency of agricultural products. We adopt two key techniques: crop maturity detection based on the YOLOX target detection algorithm and market price prediction based on the Prophet model. By training the target detection model, it was possible to accurately identify crops of various maturity stages, thereby optimizing the shipment timing. At the same time, by collecting historical market price data and predicting prices using the Prophet model, we provided reliable price trend information to shipping decision makers. According to the results of the study, it was found that the performance of the model considering the holiday factor was significantly superior to that of the model that did not, proving that the effect of the holiday on the price was strong. The system provides strong tools and decision support to farmers and agricultural distribution managers, helping them make smart decisions during various seasons and holidays. In addition, it is possible to optimize the distribution network of agricultural products and improve the quality and profit of agricultural products.

Optimal Allocation of Purchase Orders in Dynamic Bidding (동적 전자경매 환경에서의 최적 구매주문 할당)

  • Rim, Suk-Chul;Lee, Sang-Won;Kim, Hyun-Soo
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.3
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    • pp.322-328
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    • 2007
  • Highly standardized products are suitable for automated purchasing using electronic commerce technology, where the price becomes the most important factor. Suppliers can change the prices dynamically based on the inventory level and market situation in order to maximize the sales and profit. In the virtual marketplace where multiple customers purchase multiple standardized products from multiple suppliers repetitively, customers can purchase the required amount of each item as a dynamic bidding by allocating purchase orders to the suppliers based on the current price. Customers need a method to quickly determine the optimal allocation of orders to the suppliers using the dynamically changing data to minimize the total cost. We present a LP model which minimizes the sum of the total price plus transportation cost for this problem. Simulation results using random data show meaningful reduction of the total cost.

A Study on the Import-Export Modeling and GIS Analysis of the International Provisions for the Agricultural Policy Decision Support (농업정책결정지원을 위한 국가간 식량 수급 모델링 및 GIS 분석에 관한 연구)

  • 김대식;이상무
    • Journal of Korean Society of Rural Planning
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    • v.4 no.2
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    • pp.117-127
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    • 1998
  • In this study, a model was developed to analyze the capacity and the total price of the agricultural products marketing between nations through the estimation of the production and consumption amount of the agricultural products in each nation and the analysis of the price and transport cost to each nation. The method which can contribute to the agricultural policy decision support was devised. The main concept of the method is to compute the potential import-export amount and total cost among the nations. In the application, wheat was selected to evaluate the model. The application results showed that the model could analyzed the unit consumption and storage amount per capital of each nation and the price and transport cost per unit weight from each export nation, provided the policy decision maker with the basic data analyzed by GIS.

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Predicting Selling Price of First Time Product for Online Seller using Big Data Analytics

  • Deora, Sukhvinder Singh;Kaur, Mandeep
    • International Journal of Computer Science & Network Security
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    • v.21 no.2
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    • pp.193-197
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    • 2021
  • Customers are increasingly attracted towards different e-commerce websites and applications for the purchase of products significantly. This is the reason the sellers are moving to different internet based services to sell their products online. The growth of customers in this sector has resulted in the use of big data analytics to understand customers' behavior in predicting the demand of items. It uses a complex process of examining large amount of data to uncover hidden patterns in the information. It is established on the basis of finding correlation between various parameters that are recorded, understanding purchase patterns and applying statistical measures on collected data. This paper is a document of the bottom-up strategy used to manage the selling price of a first-time product for maximizing profit while selling it online. It summarizes how existing customers' expectations can be used to increase the sale of product and attract the attention of the new customer for buying the new product.