• Title/Summary/Keyword: Reduction strategies

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A Comparative Analysis of Business Strategies between Full Service Airlines and Low Cost Carriers in Korea

  • KIM, Byoung-Goo;KIM, Boine
    • The Journal of Industrial Distribution & Business
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    • v.13 no.12
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    • pp.9-22
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    • 2022
  • Purpose: Establishing a competitive advantage in the aviation market is essential as the competition among domestic airlines intensifies. Therefore, this study examined the management strategies of both large domestic airlines and low-cost airlines. Research design, data, and methodology: This study classified domestic airlines into Full Service Airlines (FSA) and Low Cost Carriers (LCC), examined each airline's current status and characteristics, and conducted case analyses of FSA and LCC based on Porter's generic competitive strategy. Results: The analyses determined that LCC primarily implemented a cost-advantage strategy, and FSA implemented a differentiation strategy. However, as competition intensified, FSA pursued cost-advantage strategies while establishing LCC through subsidiaries. There are various specific cost reduction methods, including service simplicity, scalability, high utilization, low landing fees, low-cost unit, and point-to-point flight strategies. Conclusions: LCCs are focusing on cost advantage strategies that reduce costs; however, the FSA also runs special price events that are as good as LCCs and are comparable to LCCs on some routes. Furthermore, LCC has recently expanded its mid- and long-distance routes, making competition for long-distance routes with major airlines unavoidable.

The Role of Regulatory T Cells in Cancer

  • Ha, Tai-You
    • IMMUNE NETWORK
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    • v.9 no.6
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    • pp.209-235
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    • 2009
  • There has been an explosion of literature focusing on the role of regulatory T (Treg) cells in cancer immunity. It is becoming increasingly clear that Treg cells play an active and significant role in the progression of cancer, and have an important role in suppressing tumor-specific immunity. Thus, there is a clear rationale for developing clinical strategies to diminish their regulatory influences, with the ultimate goal of augmenting antitimor immunity. Therefore, manipulation of Treg cells represent new strategies for cancer treatment. In this Review, I will summarize and review the explosive recent studies demonstrating that Treg cells are increased in patients with malignancies and restoration of antitumor immunity in mice and humans by depletion or reduction of Treg cells. In addition, I will discuss both the prognostic value of Treg cells in tumor progression in tumor-bearing hosts and the rationale for strategies for therapeutic vaccination and immunotherapeutic targeting of Treg cells with drugs and microRNA.

CloudSwitch: A State-aware Monitoring Strategy Towards Energy-efficient and Performance-aware Cloud Data Centers

  • Elijorde, Frank;Lee, Jaewan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.12
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    • pp.4759-4775
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    • 2015
  • The reduction of power consumption in large-scale datacenters is highly-dependent on the use of virtualization to consolidate multiple workloads. However, these consolidation strategies must also take into account additional important parameters such as performance, reliability, and profitability. Resolving these conflicting goals is often the major challenge encountered in the design of optimization strategies for cloud data centers. In this paper, we put forward a data center monitoring strategy which dynamically alters its approach depending on the cloud system's current state. Results show that our proposed scheme outperformed strategies which only focus on a single metric such as SLA-Awareness and Energy Efficiency.

A Study on the Strategies of Hedging System Trading Using Single-Stock Futures (개별주식선물을 이용한 시스템트레이딩 헤징전략의 성과분석)

  • Kim, Sun Woong;Choi, Heung Sik;Kim, Nam-Hyun
    • Korean Management Science Review
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    • v.31 no.1
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    • pp.49-61
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    • 2014
  • We investigate the hedging effectiveness of incorporating single-stock futures into the corresponding stocks. Investing in only stocks frequently causes too much risk when market volatility suddenly rises. We found that single-stock futures help reduce the variance and risk levels of the corresponding stocks invested. We use daily prices of Korean stocks and their corresponding futures for the time period from December 2009 to August 2013 to test the hedging effect. We also use system trading technique that uses automatic trading program which also has several simulation functions. Moving average strategy, Stochastic's strategy, Larry William's %R strategy have been considered for hedging strategy of the futures. Hedging effectiveness of each strategy was analyzed by percent reduction in the variance between the hedged and the unhedged variance. The results clearly showed that examined hedging strategies reduce price volatility risk compared to unhedged portfolio.

A Framework of Managing Supply Chain Disruption Risks Using Network Reliability

  • Ohmori, Shunichi;Yoshimoto, Kazuho
    • Industrial Engineering and Management Systems
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    • v.12 no.2
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    • pp.103-111
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    • 2013
  • This paper discusses how to manage supply chain disruption risks from natural disasters or other low-likelihood-high-impact risk drivers. After the catastrophic earthquake in Eastern Japan and the severe flood in Thailand, most companies have been attempting to re-establish the business continuity plan to prevent their supply chain from disruption. However, the challenges for managers and individual risks are often interrelated, and thus, actions that mitigate one risk can end up being no contribution as a whole. In this paper, we describe a framework for assessing how much impact individual mitigation strategies have on the entire supply chain protection against disruption, using network reliability. We propose three categories of risk-mitigation approaches: Stabilization, Absorption, and Duplication. We analyze the situation under which each of these strategies is the best suitable. With a clear understanding of relations between these mitigation strategies and the entire supply chain risks, managers can select effective risk-reduction approaches to their supply chain.

A Novel Pulse-Width and Amplitude Modulation (PWAM) Control Strategy for Power Converters

  • Ghoreishy, Hoda;Varjani, Ali Yazdian;Farhangi, Shahrokh;Mohamadian, Mustafa
    • Journal of Power Electronics
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    • v.10 no.4
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    • pp.374-381
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    • 2010
  • Typical power electronic converters employ only pulse width modulation (PWM) to generate specific switching patterns. In this paper, a novel control strategy combining both pulse-width and amplitude modulation strategies (PWAM) has been proposed for power converters. The Pulse Amplitude Modulation (PAM), used in communication systems, has been applied to power electronic converters. This increases the degrees of freedom in eliminating or mitigating harmonics when compared to the conventional PWM strategies. The role of PAM in the novel PWAM strategy is based on the control of the converter's dc sources values. Software implementation of the conventional PWM and the PWAM control strategies has been applied to a five-level inverter for mitigating selective harmonics. Results show the superiority of the proposed strategy from the THD point of view along with a reduction in the inverter power dissipation.

Reduction of seismic pounding effects of base-isolated RC highway bridges using MR damper

  • Sheikh, M.N.;Xiong, J.;Li, W.H.
    • Structural Engineering and Mechanics
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    • v.41 no.6
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    • pp.791-803
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    • 2012
  • Significant structural damages due to pounding between adjacent superstructures of multi-span reinforced concrete (RC) highway bridges have been observed in past earthquakes. Different methods have been proposed in the literature to mitigate the adverse seismic pounding effects. This paper presents an analytical investigation on the use of magnetorheological (MR) dampers in reducing seismic pounding effects of base-isolated multi-span RC highway bridges. It has been observed that MR damper can effectively reduce the seismic pounding effect. Three control strategies (passive off, passive on, and bang bang control) of MR damper have been investigated. Although all the control strategies are found to be effective, bang bang control has been observed to be the most effective.

Identification of Variables Influencing on Risk Perception and Risk Reduction Behavior in Clothing Purchase Situations (의복구매시 지각되는 위험과 위험감소행동에 대한 영향변인 연구)

  • 김찬주;이은영
    • Journal of the Korean Society of Clothing and Textiles
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    • v.19 no.3
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    • pp.434-447
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    • 1995
  • This research was intended to identify variables influencing on risk perception and risk reduction behavior in clothing purchase situations. Responses from 631 female adults living in Seoul area were collected and analyzed. Towner for social occasions or working in office was used as clothing stimulus. The analysis included three product variables(price, style, type of clothing), 4 personality variables(generalized self-confidence, specific self-confidence, generalized informativeness, fashion informativeness), 2 clothing attitude variables(clothing importance, clothing interest), 4 demographic variables(age, educational level, occupation, income), and 3 situational variables(purchase planning, time pressure, effects of shopping company). Multiple regression revealed the fact that each type of clothing risk and each type of risk reduction behavior was influenced by the set of different variables. Generalized self- confidence and age and time pressure had more effects on clothing risk perception, while clothing risk reduction behavior was more influenced by clothing risk type, clothing interest, price of clothing and fashion informativeness. Implications for marketing strategies planning were also provided.

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Wrinkle Reduction Design Method of Triangular Solar Sail (삼각형 태양돛의 주름저감 설계방안)

  • Bae, Hongsu;Woo, Kyeongsik
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.41 no.12
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    • pp.940-949
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    • 2013
  • In this paper, wrinkle reduction design was studied for triangular sail. Wrinkles in the solar sail membrane can change the load path and surface topology which may have an adverse effect on propulsion performance and controllability. In this study, wrinkle reduction strategies of adjusting cable angle, catenary and catenary-wire schemes were considered and the design parameters for wrinkle reduction were systematically investigated.

Regional Supply Strategies for Renewable Energy Sources based on Contribution Level of GHG Emission Reduction (신재생에너지의 온실가스감축 기여도에 따른 지역별 보급전략)

  • Kim, Hyun Seok
    • Current Research on Agriculture and Life Sciences
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    • v.32 no.4
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    • pp.215-223
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    • 2014
  • This study examines the contribution level of greenhouse gas(GHG) emission reduction and installation costs of renewable energy facilities. The GHG emission forecasts and industrial structures in the 16 regions of Korea are then analyzed to identify the proper supply of renewable energy sources for each region. The results show that water power is the most effective and efficient renewable energy source to reduce GHG emissions, followed by sunlight, wind power, geothermal heat, and solar heat, respectively. The 16 regions are then categorized into 4 groups based on their GHG emission forecast and industrial structure: high emission and manufacturing group, low emission and manufacturing group, low emission and service group, and high emission and service group. The proper supply of renewable energy sources for each group is then determined based on the contribution level and cost efficiency of GHG emission reduction.