• Journal of Distribution Science
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• v.17 no.3
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• pp.69-83
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• 2019

Purpose - This paper investigates the long term impact of RFID investment on firm value in Korea. We wand to find out why the long term performance of some firm's RFID investment is better than others. To understand the dynamics of the long term returns from RFID investment announcements, we divide our events into groups for each of the independent firm characteristic variable such as investment time period, kind of markets, industries, solvency and growth potential. We composed portfolios based on the RFID investment announcement date for each group and evaluate the monthly abnormal excess returns. Research design, data, and methodology - Based on these calendar-time portfolios, we measure the long term returns from 86 RFID investment announcements of 46 firms from 2003 to 2017. We construct the calendar-time portfolio for 3, 6, 9, 12 months of holding periods. Using the weighted least squares method, we regress the raw monthly returns of the portfolios on the Fama-French model and Carhart(1997) model. As a result, we can get the estimated risk adjusted mean monthly abnormal excess return α_P for each of the calendar-time portfolio. Results - We found that early adopters, large firms, non-manufacturing firms have very significant excess returns. We also found modestly significant excess returns for financially stable firms and slow growing firms. Put together, top managers of the firms which plan to invest RFID should understand the strategic role of RFID adoption and the generalized business process of distribution information technology investment in Korea. Moreover, the findings of this paper provide useful trading strategies to the managers of large funds who are considering on investing in RFID adopting firms. Conclusions - Put together, the results of this paper give us a new insight into how the RFID and IT technology in general and other characteristic factors' interactions affect the long term performance of firms. Using the unbiased estimates of long term returns of the calendar-time portfolios, this paper extends the understandings on short term impact of RFID adoption of existing studies. This paper also extends the current understandings of firm characteristics that affect the long term performance of RFID adopting firms.

• Journal of the Korea Society of Computer and Information
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• v.13 no.6
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• pp.203-210
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• 2008

Recently, as wireless communication are becoming more and more popular, Internet users is becoming increasingly demand HTTP-based web service in mobile computing environment. But, overall performance of web services may slow down, because mobile device are generally equipped with lower capability. Therefore, the most important factor to design wireless internet delivery system should be scalable to handle a large scale traffic due to rapidly growing users. But, in case of some preceding research, they not present a basic efficiency reform measure until currently. Therefore, In this paper, We propose a Web Service Delivery System for mobile environment that alleviates problems that occurred while executing web services in mobile environment and are helpful to overcome the above needs. The system composed of HTML/WML Converter, SOAP message processor. We compare the existing system with the proposed system.

• Structural Engineering and Mechanics
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• v.13 no.5
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• pp.557-568
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• 2002

For the evaluation of the capability of a tubular member of an offshore structure to absorb the collision energy, a simple method can be employed for the collision analysis without performing the detailed analysis. The most common simple method is the rigid-plastic method. However, in this method any characteristics for horizontal movement and rotation at the ends of the corresponding tubular member are not included. In a real structural system of an offshore structure, tubular members sustain a certain degree of elastic support from the adjacent structure. End fixity has influences in the behaviors of a tubular member. Three-dimensional FEM analysis can include the effect of end fixity fully, however in viewpoints of the inherent computational complexities of the 3-D approach, this is not the recommendable analysis at the initial design stage. In this paper, influence of end fixity on the behaviors of a tubular member is investigated, through a new approach and other approaches. A new analysis approach that includes the flexibility of the boundary points of the member is developed here. The flexibility at the ends of a tubular element is extracted using the rational reduction of the modeling characteristics. The property reduction is based on the static condensation of the related global stiffness matrix of a model to end nodal points of the tubular element. The load-displacement relation at the collision point of the tubular member with and without the end flexibility is obtained and compared. The new method lies between the rigid-plastic method and the 3-demensional analysis. It is self-evident that the rigid-plastic method gives high strengthening membrane effect of the member during global deformation, resulting in a steeper slope than the present method. On the while, full 3-D analysis gives less strengthening membrane effect on the member, resulting in a slow going load-displacement curve. Comparison of the load-displacement curves by the new approach with those by conventional methods gives the figures of the influence of end fixity on post-yielding behaviors of the relevant tubular member. One of the main contributions of this investigation is the development of an analytical rational procedure to figure out the post-yielding behaviors of a tubular member in offshore structures.

• Journal of Distribution Science
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• v.16 no.9
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• pp.79-99
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• 2018

Purpose - Food consumption in Korea has changed in paradigm as it has grown qualitatively in the past in quantitative shortages. Consumer food consumption patterns are rapidly changing due to changes in economic, social and population conditions, scientific and technological development, climate change, and market opening. At the same time, there is a need to actively respond to these changes in terms of the food industry, market, and government policy. The purpose of this study is to examine the changes and characteristics of food consumption expenditure of Korean consumers in-depth and depth in order to provide implications for agriculture, food market and policymakers. Research design, data, and methodology - We analyzed various food consumption changes from the 1980s to 2015 through Household Income and Expenditure Survey raw data from MDIS(Microdata Integrated Service) of Statistics Korea. and conducted the age effect, generation effect, and year effect by cohort analysis. We also conducted comparisons with OECD countries on several indicators. Results - Food consumption spending was slow, and there was no significant change in home consumption, while eating out consumption increased about 20 times in 2015 compared to 1980. Income, age, residential area, number of household members showed significant changes in food consumption. According to the cohort analysis, the changes in the food consumption structure are largely due to age effect, and the year, age, and generation effects are different for each food item. Conclusions - Food consumption has a significant impact on not only the nutritional status of consumers but ultimately the public health. Therefore, they should be regarded as a strategic policy area of central government rather than a matter of size and change of food consumption expenditure.

• Bulletin of the Korean Chemical Society
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• v.32 no.3
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• pp.867-872
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• 2011

For the prolonged delivery and sustained release rates of low molecular weight drugs, poly(lactic-co-glycolic acid) (PLGA) microparticles containing the drug SKL-2020 have been investigated. On increasing polyvinyl alcohol (PVA) concentration (from 0.2% to 5%), the size of microparticles decreased (from $48.02{\mu}m$ to $10.63{\mu}m$) and more uniform size distribution was noticeable due to the powerful emulsifying ability of PVA. A higher drug loading (from 5% to 20%) caused a larger concentration gradient between 2 phases at the polymer precipitation step; this resulted in decreased encapsulation efficiency (from 34.19% to 25.67%) and a greater initial burst (from 61.71% to 70.05%). SKL-2020-loaded PLGA microparticles prepared with different fabrication conditions exhibited unique release patterns of SKL-2020. High PVA concentration and high drug loading led to an initial burst effect by rapid drug diffusion through the polymer matrix. Since PLGA microparticles enabled the slow release of SKL-2020 over 1 week in vitro and in vivo, more convenient and comfortable treatment could be facilitated with less frequent administration. It is feasible to design a release profile by mixing microparticles that were prepared with different fabrication conditions. By this method, the initial burst could be repressed properly and drug release rate could decrease.

• Journal of IKEEE
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• v.24 no.1
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• pp.225-231
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• 2020

In this paper, we propose a method to accelerate BWN based on FPGA with limited resources for embedded system. Because of the limited number of logic elements available, a single computing unit capable of handling Conv-layer, FC-layer of various sizes must be designed and reused. Also, if the input feature map can not be parallel processed at one time, the output must be calculated by reading the inputs several times. Since the number of available BRAM modules is limited, the number of data bits in the BWN accelerator must be minimized. The image classification processing time of the BWN accelerator is superior when compared with a embedded CPU and is faster than a desktop PC and 50% slower than a GPU system. Since the BWN accelerator uses a slow clock of 50MHz, it can be seen that the BWN accelerator is advantageous in performance versus power.

• Transactions of the Korean hydrogen and new energy society
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• v.22 no.5
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• pp.686-698
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• 2011

Mathematical models for char-slag interaction and near-wall particle segregation developed by Montagnaro et. al. were applied to predict various aspects of coal gasification in an up-flow entrained gasifier of commercial scale. For this purpose, some computer simulations were performed using gPROMS as the numerical solver. Typical design parameters and operating conditions of the commercial gasifiers were used as input values for the simulation. Development of a densely dispersed phase of solid carbon was found to have a critical effect on both carbon conversion and ash flow behavior. In general, such a slow-moving phase was turned out to enhance carbon conversion by lengthening the residence time of char or soot particles. Furthermore, it was also found that guiding the transfer of char or soot into the closer part of the wall to coal burner is favorable in terms of gasification efficiency and vitrified ash collection. Finally, to a certain degree densely dispersed phase of carbon showed an yield-enhancing effect of syngas.

• Proceedings of KOSOMES biannual meeting
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• 2005.05a
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• pp.161-165
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• 2005

Recently, it is on the increase interest for Al alloy with new material for ship application to substitute for FRP ship. The reason is thatAl alloy ship has beneficial characteristics such as high sea speed, increase of loadage and easy to recycle compared with FRP ship. In this paper, mechanical and electrochemical properties are investigated by slow strain rate test experiment in various applied potential condition. These results will provide as reference data to design ship by deciding optimum protection potential regard to hydrogen embrittlement and stress corrosion cracking. In general, Al and Al alloys are not corroded with forming film which has the corrosion resistance property in neutral solution. However, it was observed that formation and destruction of passive film by $Cl^-$ ion in sea water environment. At comparison of current density after 1200 sec in potentiostatic experiment, the current density in the potential range of -0.68 $\~$-1.5 V is shown low value. The low current density means protection potential range. Elongation in applied potential of 0 V was high. However, the corrosion protection application in this condition is impossible potential because the toughness is low value by decreasing strength by active dissolution reaction at parallel part of specimen. The film composed with $CaCO_3$ and $Mg(OH)_2$ has a corrosion resistance property. However, the uniform electrodeposition coating at below -1.6 V potential is not formed since the time to form the uniform electrodeposition coating is short. Therefore, it is concluded that mechanical property is poor because effect by hydrogen gas generation is larger than that of electrodeposition coating. It is concluded that the optimum protection potential range from comparison of_maxim urn tensile strength, elongation and time to fracture is -1.3$\~$0.7 V (SSCE).

• Journal of the Society of Naval Architects of Korea
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• v.46 no.2
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• pp.97-104
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• 2009

Ever increasing fuel prices, almost doubled in the last three years, and global pressure to reduce their environmental impact have been enforcing commercial vessel operators and designers to re-assess current vessel designs with emphasis on their propulsion systems and operational practices. In this paper the "Inclined Keel Hull (IKH)" concept, which facilitates to use larger propeller diameter in combination with lower shaft speed rates and hence better transport efficiency, is explored for a modern 3600 TEU container vessel with the aim of fitting an 13 % larger diameter propeller (and hence resulting 20% lower rpm) to gain further power saving over the similar size basis container ship with conventional "level keel" configuration. It appears that successful application of the "inclined keel Hull" concept is a fine balance amongst the maximum gain in propulsive efficiency, minimum increase in hull resistance and satisfaction of other naval architectural and operational requirements. In order to make the concept economically more viable, this paper concentrates on the fore body design with the possible combination of increase of volume in its fore body to recover the expected volume loss in the aft body due to the space for larger propeller and its low wave-making resistance to minimize the efficiency loss using a well-established optimization software.

• Journal of Fashion Business
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• v.11 no.3
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• pp.79-86
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• 2007

The purpose of this study is to understand the dyeing properties and color analysis of fabrics knitted with ramie, cotton, wool and acrylic by using scoria and to analyze whether the knitted fabrics can be used for industrialization by measuring color fastness after and before sliver-nano process. The following is the conclusions. Firstly, when ramie fabric regarding cotton, wool and acrylic was dyed at the temperature of $50^{\circ}C$ for fifteen minutes by using 10, 25, 50, 100g/ $\ell$ of scoria, dyeing absorption gradually increased up to 50g/ $\ell$, and over the point of 50g/ $\ell$ it showed slow increase. Secondly, regarding saturation, among ramie fabric, wool, cotton and acrylic, wool appears as the lowest brightness. Therefore, it can be dyed with bright color and the highest value. In terms of the value of chromaticity, wool also emerges as the lowest brightness. On the contrary, acrylic showed the lightest red as it had the value of the smallest b. Cotton takes the lightest yellow as the b value of the cotton showed the smallest. Thus, scoria dyestuff is a material that showed strong red and yellow on knitted fabric mixed with wool that is the biggest a. b value. Thirdly, in terms of dyeing fastness, sunlight fastness did not show noticeable differences before and after silver-nano processes, but in terms of washing and friction fastness, the material processed by silver-nano indicated that all knitted fabrics are over 4-5 point. which means silver-nano process can be effective for the industrial applications. As mentioned above, as a result of dyeing knitted fabrics with scoria, this study found a possibility of dyeing in the fabric materials, and if there is deeper dyeing experiments, fastness experiments and speculations, it might be possible to be a big issue just like loess and charcoal.