• Title/Summary/Keyword: Return rate

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A Study on the Effects of Functional Reusable Packing Containers for Marine Products on Logistics Rationalization (수산물의 기능성 재사용 포장용기 사용을 통한 물류합리화에 관한 연구)

  • Kim, Byeongchan;Yang, Daeyong
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.11 no.3
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    • pp.145-158
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    • 2015
  • Disposable marine product packaging materials such as wooden, Styrofoam, and corrugated cardboard boxes have a very low reuse rate, thus causing the logistics costs to rise and making it difficult to establish a unit load system for marine products. Disposable packing containers to be discarded are accompanied by resource and environmental issues home and abroad. Transportation vehicles for marine products have to return empty without loading different kinds of products after delivery due to the smell and properties of marine products, thus posing as an obstacle to logistics rationalization. In an effort to overcome those limitations, this study examined the stages of transportation including "producer-wholesale market in the producing area-commission merchant-wholesale market in the consumption area-commission merchant-quasi-wholesale market-consumer" and also analyzed the utilization and distribution of disposable packaging materials currently used in the circulation of marine products including wooden, Styrofoam, and corrugated cardboard boxes. Based on the analysis results, the investigator developed a logistics rationalization model capable of promoting semi-permanent reuse and lowering empty vehicle rate on return routes as an alternative to address environmental issues caused by disposable packaging materials, which have been an obstacle to the logistics rationalization of marine products, packaging costs in the process of repeating packing and unpacking at each stage of marine products circulation, and empty vehicle rates on return routes after marine products delivery.

Analysis of the effect of imported technology on the economic growth of Korea (한국의 경제성장에 있어서 해외도입기술의 영향분석)

  • 최은철
    • Proceedings of the Technology Innovation Conference
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    • 2001.06a
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    • pp.145-156
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    • 2001
  • This paper investigates the effect of imported technology on the economic growth of Korea. To this end, the relationship between input technology and economic growth are suggested in the numerical form and analysed empirically. The rates of return of technology investments, which are divided into the domestic R&D investment and the investment on imported technology, are estimated. Based on the result of this analysis, the rate of return of the input technology, which includes the domestic R&D investment and the investment on imported technology, are estimated as 31.4%, and this input technology is calculated as to contribute 8.9% on the economic growth rate of Korea. And the domestic R&D investment is fumed out to have bigger rate of return than the investment on imported technology during the surveyed period. However, the rates of return of detailed R&D investments, which can be divided into the investments on commercial R&D and basic science, were not calculated in this paper, because of the lack of data on this in this paper. As well, the time-lag effect, which is naturally believed to exist between the R&D investment and the economic growth, could not be analysed wit:1 the same reason. Thus when analysing the relationship between them, this paper tried to minimize the time-lag effect by using the long-term data of twenty-three years.

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Tests of a Four-Factor Asset Pricing Model: The Stock Exchange of Thailand

  • POJANAVATEE, Sasipa
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.117-123
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    • 2020
  • The objective of this study is to examine whether the four-factor model explains variation in the expected return of stocks on the Stock Exchange of Thailand. The study used individual monthly data for all stock with continuous trading on the Stock Exchange of Thailand. The study used sample data of 429 listed stocks to construct 8 portfolios bases on the industries. In this study, subject to market factors such as size, the book-to-market ratio, the market beta, and stock liquidity are taken into account. The Empirical analysis reveals that not all of the variables included in the four-factor asset pricing model are statistically significant to do affect the formation of the rate of return on stocks calculated on a monthly basis. The result shows that market beta, stock liquidity, and the book-to-market ratio has a significant increase in the rate of return on shares listed on the Consumer Products. It is therefore apparent that at least in respect of monthly analysis, the predictions of bass models in the field of modern finance theory systematic risk measured by the beta coefficient did play a significantly important role in the formation of the rate of return on the Stock Exchange of Thailand.

Bayesian estimates of genetic parameters of non-return rate and success in first insemination in Japanese Black cattle

  • Setiaji, Asep;Arakaki, Daichi;Oikawa, Takuro
    • Animal Bioscience
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    • v.34 no.7
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    • pp.1100-1104
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    • 2021
  • Objective: The objective of present study was to estimate heritability of non-return rate (NRR) and success of first insemination (SFI) by using the Bayesian approach with Gibbs sampling. Methods: Heifer Traits were denoted as NRR-h and SFI-h, and cow traits as NRR-c and SFI-c. The variance covariance components were estimated using threshold model under Bayesian procedures THRGIBBS1F90. Results: The SFI was more relevant to evaluating success of insemination because a high percentage of animals that demonstrated no return did not successfully conceive in NRR. Estimated heritability of NRR and SFI in heifers were 0.032 and 0.039 and the corresponding estimates for cows were 0.020 and 0.027. The model showed low values of Geweke (p-value ranging between 0.012 and 0.018) and a low Monte Carlo chain error, indicating that the amount of a posteriori for the heritability estimate was valid for binary traits. Genetic correlation between the same traits among heifers and cows by using the two-trait threshold model were low, 0.485 and 0.591 for NRR and SFI, respectively. High genetic correlations were observed between NRR-h and SFI-h (0.922) and between NRR-c and SFI-c (0.954). Conclusion: SFI showed slightly higher heritability than NRR but the two traits are genetically correlated. Based on this result, both two could be used for early indicator for evaluate the capacity of cows to conceive.

Distribution and Improvement of the Capital Market in Indonesia: A Comparative Study of Risk Management

  • Murtiadi AWALUDDIN;Rustan DM;HASBIAH;Muhammad Akil RAHMAN;Sri Prilmayanti AWALUDDIN;Nadya Yuni BAHRA
    • Journal of Distribution Science
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    • v.21 no.5
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    • pp.11-18
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    • 2023
  • Purpose: The purpose of this article is to determine whether there are differences in the level of return and risk of the conventional and Islamic capital markets. Research design, data and methodology: This study takes data on the Jakarta Islamic Index (JII) and the Liquid-45 (LQ45) stock groups in the 2017 to 2020 period. The research approach used is quantitative research with a type of comparison. The data used secondary data sourced from the closing price of shares on the Indonesia Stock Exchange. The statistical method used to test the hypothesis is a different test or independent sample t-test. Results: There is a significant difference between the rate of return and investment risk in JII and LQ-45. The rate of return and risk of investing in LQ-45 is higher than that of JII. Conclusions: There is a significant difference in the rate of return on investment in Jakarta Islamic Index (JII) and LQ-45, including conventional stock Liquid-45 (LQ-45) is higher than the rate of return on shares of JII shares. There is a significant difference in the level of investment risk in the Jakarta Islamic Index (JII) and the Liquid-45 (LQ-45), where the risk level for the LQ-45 is higher than that of the JII shares.

Implementation of the Measurement Equipment to Measure Return Current and Axle Temperature of High Speed Railway (고속철도 귀선전류 및 차축 온도 검측을 위한 검측장치 구현)

  • Lee, Young-Soo;Lee, Byeong-Gon;Hwang, In-Kwang;Han, Seung-Hun
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.4
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    • pp.695-703
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    • 2016
  • The maintenance method for the electrical facility of high speed railway has been evolved from inspection by personnel to the automated way by the detection devices. In particular, the signalling equipment in order to increase the safe and efficient operation of the trains is required to maintain normal operation by periodic maintenance. Because the return current gives the most important effects to the wayside equipment in case of the failures, a method is needed to measure the unbalanced rate of return current on the train at high speed driving. The Hot Box Detector(HBD) device that is installed at track-side has a function to recognize the abnormal axle box by detecting the temperature that occurs in the axle of train passing over its device. In order to implement the measurement equipment for unbalanced rate of return current and axle temperature, the design method is proposed and the experimental test results by test bed are included in the paper.

A Study on the Relationship between Information on Financial Characteristics and Profitability in the Korean Restaurant Industry (국내 레스토랑 기업의 재무 특성 정보와 수익성간의 관계에 관한 연구)

  • Kang, Seok-Woo;Ahn, Seong-Guen
    • Culinary science and hospitality research
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    • v.14 no.4
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    • pp.93-105
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    • 2008
  • This study was attempted to analyze causal relations among flexibility, growth, and profitability variables, which are the financial indexes of restaurant enterprises. The samples were 24 restaurant enterprises in total, and 102 financial statements between 2002 and 2006 were analyzed. As a result of the analysis, total asset growth rate influenced all profitability variables among growth variables. Also, the net sales growth influenced return on sales and return on assets, and the assets turnover influenced return on assets and return on equity. Among flexibility variables, current ratio and interest coverage ratio to operating profit influenced return on assets, and return on equity was influenced by current ratio and debt-to-equity ratio.

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Study on the Performance of Total Heat Exchanger with Rotating Porous Plates (다공형 전열판의 회전에 의한 열교환시스템의 성능에 관한 연구(Ⅰ) - 환기측과 외기측의 풍량 변화에 대하여 -)

  • Cho, D.H.;Lim, T.W.
    • Journal of Power System Engineering
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    • v.9 no.4
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    • pp.11-17
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    • 2005
  • This paper reports an experimental study on the performance evaluation of air-to-air heat exchanger with rotary type newly developed in this study. Air flow rate is varied from 10 to 120 m3/h. The range of RPM of the porous rotating discs mounted inside the heat exchanger unit is 0 to 50. The temperature of the return air side is set by adjusting heat supply at heater. The material of the porous rotating discs is cooper and its thickness is 1.0 mm. The heat transfer rate increased with the increase in air flow rate. It was found that the heat transfer rate, as the temperature of the return air side was increased, was improved due to higher temperature difference. The heat exchange performance increased with the increase in the temperature of the return air side at the conditions of the same RPM. The sensible heat exchange efficiency was maximum 68 to 76 percent, and enthalpy exchange efficiency 64 to 74 percent.

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Relationship between Accrual Anomaly and Stock Return: The Case of Vietnam

  • DANG, Hung Ngoc;TRAN, Dung Manh
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.19-26
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    • 2019
  • The study investigates the impact of accrual anomaly on stock return ratio of listed firms in Vietnam. Data were collected from listed firms for the period from 2008 to 2018. To learn about the causes of accrual anomaly in returns and future rate of returns on the Vietnamese stock market, this research is based on accrual analysis of Richardson, Sloan, Soliman, and Tuna (2006) on growth and effective components. We employ GLS regression model for examining the impact of accrual anomaly on stock return ratio and T-test for checking the difference between the lowest and the highest portfolio. The results show that accounting distortion is the main factor impacting the stock return, not growth determinant. Both two determinants of accounting distortion and growth contribute the explanation of the impact of accrual anomaly on profit and future stock return ratio. Experimental evidence confirms an abnormal existence of accrual in the Vietnam stock market. Aggregate accrual is negatively correlated with future operating profit and future stock return. However, after considering the factors contributing to the impact of future profitability and return on stock returns, the study results show that accounting distortion can account for low sustainability of income that is not growth.

Return Flow Rate Estimation of Irrigation for Paddy Culture in Chuncheon Region of the North Han River Basin (북한강 유역 춘천지역의 논 농업용수 회귀율 산정)

  • Choi Joong-Dae;Choi Ye-Hwan
    • KCID journal
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    • v.9 no.2
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    • pp.68-77
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    • 2002
  • Return flow rate of agricultural irrigation for rice culture was investigated in the North Han river basin, Two small paddy watersheds were chosen and irrigation, drainage, infiltration and evapotranspiration were monitored and estimated during the irriga

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