• Title/Summary/Keyword: Response strategy

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Demand Response Effect on Market Power with Transmission Congestion in Electricity Market (전략적 수요반응이 송전선 혼잡의 시장지배력에 미치는 영향)

  • Lee, Kwang-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.12
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    • pp.1705-1711
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    • 2017
  • This paper analyzes the impact of DRA (Demand Response Aggregator) on market power when competing with power generation companies (Gencos) in the electricity market. If congestion occurs in the transmission line, the strategic choice of the power generation company increases exercise of market power. DRA's strategic reduction of power load impacts the strategy of Gencos, which in turn affects the outcome of the load reduction. As the strategy of Gencos changes according to the location of the congested transmission line, the impact on the market depends on the relative location of the congested line and the DRA.

A Study on the Competitive Advantage Strategy of Convenience Store (CVS) in Japan: Focusing on 7-Eleven

  • LEE, Kwang-Keun
    • East Asian Journal of Business Economics (EAJBE)
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    • v.9 no.1
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    • pp.1-16
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    • 2021
  • Purpose - This study aims to analyze 7-Eleven's specific competitive advantage strategy according to changes in the Japanese convenience store industry by selecting 7-Eleven, a leading company in the Japanese convenience store industry, as a representative case study. Research design, data, and methodology - Due to the current COVID-19 situation, fact-finding such as interviews with key managers through visiting surveys was not possible, so this case study was carried out based on the literature such as official and unofficial data collected from the companies through e-mail and articles that have been published outside. Result - As a result of the analysis, the researcher found that five competing strategy factors, such as dominant strategy, innovative logistics system strategy, information system development strategy, joint product development strategy, and direct communication strategy have closely maintained the mutual relation to form a combined strategy focusing on the franchise development strategy. Conclusion - The competitive advantage of 7-Eleven is thought to have secured its competitive advantage by combining the five competitive strategies complementarily for rapid response to change, cost advantage, and differentiated advantage. The management implications specified in this study can be considered a reference for establishing a competitive strategy for sustainable growth of the convenience store industry in the fierce competition and saturated market environment of Korean convenience stores.

A Fundamental Study for the Response Technology to the Flood and Typhoon disaster (풍수해 대응기술 향상을 위한 기초적 연구)

  • Kim, Jin-Wook;Kim, Guen-Young
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.617-620
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    • 2008
  • Because nature disaster would be increased society damage, government has to prepare the system for response to the disaster. In this study we proposed the concept element of response technology and strategy for the flood and typhoon disaster. And we define the emergence service criteria.

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An Examination of the Effectiveness of Crisis Response Strategies for Repairing Competence and Integrity Violations

  • Sung, Yen-yi;Lee, Han-joon;Park, Jong-chul
    • Asia Marketing Journal
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    • v.15 no.1
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    • pp.129-154
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    • 2013
  • Product-harm crises, which are connected to defective or dangerous products, are perceived as the most common threats to a company. Product harm crises can distort long standing favorable equality perceptions, tarnish a company's reputation, cause major revenue and market-share losses, lead to costly product recalls, and devastate a carefully nurtured brand equity. However, in spite of the devastating impact of product-harm crises, little systematic research exists to asses its marketing consequences. So, the purpose of this study is to investigate how Koreans react to the crisis response in the aftermath of different crises(competence violation vs. integrity violation) and inspire additional research in crisis communication. This study has three main findings which run counter to the assumptions of Kim et al.(2007). Namely, the current study expands on the research of Kim et al. (2004, 2007) by examining how companies repair customers' trust and corporate attitude after crises. Different from previous studies, this study assumes that apology for an integrity-based crisis is the most appropriate way to repair consumer trust and corporate attitude. As for competence-based crisis, similarly, apology for competence-based crisis can be more successful repairing consumer trust and corporate attitude. Concerning silence strategy, remaining silent dose not admit or deny guilt right away, but instead of asking the perceiver to withhold judgment, suggesting that, silence could be expected to be superior to apology but inferior to denial. Finally, apology for competence violation will be expected to bemore effective than apology for integrity violation. Research conceptual model was as follows: According to the results, apology is found to be the most effective strategy to repair corporate attitude no matter the crisis is perceived as a violation of competence or integrity. Second, company may consider keeping silent as a desirable response because they does not admit nor deny responsibility but ask the public to withhold judgment. However, the result of this study shows that, in the overall crisis situations, silence strategy did not differ significantly from the denial strategy, which suggested that the public wants explanation instead of uncertainty. Third, there was the interaction effect between crisis type and crisis response strategies. In this study, apology is more effective for the competence violated situation in terms of regaining consumer trust and repairing their attitude toward company, while the apology's effectiveness is lower for the integrity-violated situation. More specifically, when the crisis is perceived due to company's lack of ability(competence violation), consumer's trust belief and attitude toward the company is more easily to repair when the company issued a sincere apology. Damaged product is perceived less intentional so participants are more likely to give the company second chance when they apology to the public. By contrast, exaggerated advertisement(integrity violation) is perceived intentionally and thus makes participants angrier toward the accused company. Although apology is perceived as the most effective strategy, when issuing apology, it also means the company admitted their intention. Therefore, in this kind of crisis situation, trust repair needs not only a sincere apology but additional efforts.

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Minimizing Fragmentation in Contiguous Submesh Allocation Scheme (연속적인 서브메쉬 할당기법에서 단편화를 최소화하는 기법)

  • Seo Kyung Hee;Kim Sung Chun
    • The KIPS Transactions:PartA
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    • v.12A no.2 s.92
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    • pp.117-126
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    • 2005
  • This paper presents an adaptive processor allocation strategy to reduce fragmentation in a large multi-user multicomputer system. A small number of jobs with unexpectedly large submesh allocation requirements may significantly increase the queuing delay of the rest of jobs. Under such circumstances, our strategy further tries to allocate L-shaped submeshes instead of signaling the allocation failure unlike other strategies. We have developed the efficient algorithm to find the allocatable L-shaped submeshes. Thus, our strategy reduces the mean response time by minimizing the queuing delay, even though jobs are scheduled in an FCFS to preserve fairness. The simulations show that our strategy performs more efficiently than other strategies in terms of the job response time and the system utilization.

Consideration of Nano-Measurement Strategy (나노물질의 측정전략의 주요 쟁점)

  • Yoon, Chung-Sik
    • Journal of Environmental Health Sciences
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    • v.37 no.1
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    • pp.73-79
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    • 2011
  • The growing interest in nanotechnology has resulted in increasing concern and a number of published environmental and workplace measurements for assessing occupational exposure to engineered nanomaterials. However, the amount of previous exposure data remains limited. Furthermore the data available was collected with extensive variation in terms of exposure measurement strategy, which limits the ability to pool the data in the future. In response, this paper reviewed several pertinent issues related to exposure measurement strategy to suggest a harmonized measurement strategy which would make exposure data more useful in the future, e.g. correlation between exposure metrics, relationship between activity and exposure, task-based or shift-based assessment, background concentration, limitation of personal exposure monitoring and other determinants of exposure/modeling. An improved sampling strategy for nanomaterial exposure assessment should be considered in order to maximize the use of the data from various real time monitoring instruments.

Fuzzy Logic-Based Energy Management Strategy for FCHEVs (연료전지 하이브리드 자동차에 대한 퍼지논리 기반 에너지 운용전략)

  • Ahn Hyun-Sik;Lee Nam-Su
    • The Transactions of the Korean Institute of Electrical Engineers D
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    • v.54 no.12
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    • pp.713-715
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    • 2005
  • The work in this paper presents development of fuzzy logic-based energy management strategy for a fuel cell hybrid electric vehicle. In order for the fuel cell system to overcome the inherent limitation such as slow response time and low fuel economy especially at the low power region, the battery system has come to compensate for the fuel cell system. This type of hybrid configuration has many advantages, however, the energy management strategy between power sources is essentially required. For the optimal power distribution between the fuel cell system and the battery system, a fuzzy logic-based energy management strategy is proposed. In order to show the validity and the robustness of suggested strategy, some simulations are performed for the standard drive cycles.

Biologically Inspired Sensing Strategy using Spatial Gradients

  • Lee, Sooyong
    • Journal of Sensor Science and Technology
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    • v.29 no.3
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    • pp.141-148
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    • 2020
  • To find food, homes, and mates, some animals have adapted special sensing capabilities. Rather than using a passive method, they discharge a signal and then extract the necessary information from the response. More importantly, they use the slope of the detected signal to find the destination of an object. In this paper, similar strategy is mathematically formulated. A perturbation and correlation-based gradient estimation method is developed and used as a sensing strategy. This method allows us to adaptively sense an object in a given environment effectively. The proposed strategy is based on the use of gradient values; rather than instantaneous measurements. Considering the gradient value, the sampling frequency is planned adaptively, i.e., sparse sampling is performed in slowly varying regions, while dense sampling is conducted in rapidly changing regions. Using a temperature sensor, the proposed strategy is verified and its effectiveness is demonstrated.

Selection of Variables for Response Surface Experiments with Mixtures

  • Park, Sung H.
    • Journal of the Korean Statistical Society
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    • v.6 no.2
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    • pp.103-115
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    • 1977
  • A strategy for selecting subsets of variables from a given linear model in a mixture system is discussed. The purpose is to achieve better fitting surfaces for estimation of the response in an experimental region of interest. A criterion is proposed for screening variables and illustrated with an example.

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Seismic design strategy of cable stayed bridges subjected to strong ground motions

  • Xu, Yan;Duan, Xinzhi;Li, Jianzhong
    • Structural Engineering and Mechanics
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    • v.51 no.6
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    • pp.909-922
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    • 2014
  • In this paper, we present an alternative seismic design strategy for cable stayed bridges with concrete pylons when subjected to strong ground motions. The comparison of conventional seismic design using supplemental dampers (strategy A) and the new strategy using nonlinear seismic design of pylon columns (strategy B) is exemplified by one typical medium span cable stayed bridge subjected to strong ground motions from 1999 Taiwan Chi-Chi earthquake and 2008 China Wenchuan earthquake. We first conducted the optimization of damper parameters according to strategy A in response to the distinct features that strong ground motions contain. And then we adopted strategy B to carry out seismic analysis by introducing the elastic-plastic elements that allowing plasticity development in the pylon columns. The numerical results show that via strategy A, the earthquake induced structural responses can be kept in the desired range provided with the proper damping parameters, however, the extra cost of unusual dampers will be inevitable. For strategy B, the pylon columns may not remain elastic and certain plasticity developed, but the seismic responses of the foundation will be greatly decreased, meanwhile, the displacement at the top of pylon seems to be not affected much by the yielding of pylon columns, which indicates the pylon nonlinear design can be an alternative design strategy when strong ground motions have to be considered for the bridge.