• Title/Summary/Keyword: Special Time-Deal

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Exploring the Effect of Online Time-Deals on Actual Purchase in China : An Empirical Study on JD.com (중국 온라인 타임 세일이 실제 구매에 미치는 효과 : 징동닷컴에 대한 실증 연구)

  • Wang, Mengmeng;Min, Daihwan
    • Journal of Information Technology Services
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    • v.19 no.2
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    • pp.11-21
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    • 2020
  • This study explores the effect of time-deals, i.e., online promotions with time limit. Recently many online/mobile shopping sites in China utilize so called hot deal marketing technique for a short duration at a specific time. The purpose of "time-deals" is to attract online shoppers with deep discounted price and induce consumers to purchase items. This paper examines the effect of time-deals on sales volume, firstly by comparing the sales volume of time-deal days with that of no time-deal days and secondly by comparing the sales volume of days before and after two types of time deals, usual time-deals and special time-deals, Although some prior research studied the role of time-deals in promoting consumers' purchase behavior, most used the experimental approach by building mock-up shopping sites and asking participants purchase intention. However, purchase intention does not always result in purchase behavior. This study extracted actual purchase data for four items on time-deals from an online shopping site in China. A comparison of sales volumes on time-deal days with no time-deal days has shown the significant difference in the sales volumes. This finding confirms the positive effect of time-deals on purchase behavior. This study has also found that special time-deals soak up near-future demands in advance and lower the sales after the special time-deal event, although there is no significant difference in sales before and after usual time-deals.

ON THE REPRESENTATION OF PROBABILITY VECTOR WITH SPECIAL DIFFUSION OPERATOR USING THE MUTATION AND GENE CONVERSION RATE

  • Choi, Won
    • Korean Journal of Mathematics
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    • v.27 no.1
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    • pp.1-8
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    • 2019
  • We will deal with an n locus model in which mutation and gene conversion are taken into consideration. Also random partitions of the number n determined by chromosomes with n loci should be investigated. The diffusion process describes the time evolution of distributions of the random partitions. In this paper, we find the probability of distribution of the diffusion process with special diffusion operator $L_1$ and we show that the average probability of genes at different loci on one chromosome can be described by the rate of gene frequency of mutation and gene conversion.

Mixed Design of Grouting Materials for Settlement Restoration Using Micro Cement (마이크로시멘트를 이용한 침하복원용 그라우팅재료의 배합 설계)

  • Lee, Il-Wha;Lee, Sung-Jin;Yun, Won-Min;Park, Sung-Ki
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.1786-1792
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    • 2011
  • If the concrete track is settled excessively, it must be restored or reinforced immediately. Especially, reinforcement/restoration method should be applied without affecting on train operation. To deal with this problem, special equipment, process and material should be prepared. This paper suggest a special mixing ratio to restore the settled concrete track. Materials are classified the quick hardening mortar and the middle hardening mortar. The quick hardening mortar is used to restore the settled track and the middle hardening mortar is used to fill the void. These materials must have the appropriate gel time(1-40sec) and compressive strength($5kg/cm^2$). Various compounds is used and the micro cement is used as a main base.

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The Effects of Intention Inferences on Scarcity Effect: Moderating Effect of Scarcity Type, Scarcity Depth (소비자의 기업의도 추론이 희소성 효과에 미치는 영향: 수량한정 유형과 폭의 조절효과)

  • Park, Jong-Chul;Na, June-Hee
    • Journal of Global Scholars of Marketing Science
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    • v.18 no.4
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    • pp.195-215
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    • 2008
  • The scarcity is pervasive aspect of human life and is a fundamental precondition of economic behavior of consumers. Also, the effect of scarcity message is a power social influence principle used by marketers to increase the subjective desirability of products. Because valuable objects are often scare, consumers tend to infer the scarce objects are valuable. Marketers often do base promotional appeals on the principle of scarcity to increase the subjective desirability their products among consumers. Specially, advertisers and retailers often promote their products using restrictions. These restriction act to constraint consumers' ability th take advantage of the promotion and can assume several forms. For example, some promotions are advertised as limited time offers, while others limit the quantity that can be bought at the deal price by employing the statements such as 'limit one per consumer,' 'limit 5 per customer,' 'limited products for special commemoration celebration,' Some retailers use statements extensively. A recent weekly flyer by a prominent retailer limited purchase quantities on 50% of the specials advertised on front page. When consumers saw these phrase, they often infer value from the product that has limited availability or is promoted as being scarce. But, the past researchers explored a direct relationship between the purchase quantity and time limit on deal purchase intention. They also don't explored that all restriction message are not created equal. Namely, we thought that different restrictions signal deal value in different ways or different mechanism. Consumers appear to perceive that time limits are used to attract consumers to the brand, while quantity limits are necessary to reduce stockpiling. This suggests other possible differences across restrictions. For example, quantity limits could imply product quality (i.e., this product at this price is so good that purchases must be limited). In contrast, purchase preconditions force the consumer to spend a certain amount to qualify for the deal, which suggests that inferences about the absolute quality of the promoted item would decline from purchase limits (highest quality) to time limits to purchase preconditions (lowest quality). This might be expected to be particularly true for unfamiliar brands. However, a critical but elusive issue in scarcity message research is the impacts of a inferred motives on the promoted scarcity message. The past researchers not explored possibility of inferred motives on the scarcity message context. Despite various type to the quantity limits message, they didn't separated scarcity message among the quantity limits. Therefore, we apply a stricter definition of scarcity message(i.e. quantity limits) and consider scarcity message type(general scarcity message vs. special scarcity message), scarcity depth(high vs. low). The purpose of this study is to examine the effect of the scarcity message on the consumer's purchase intension. Specifically, we investigate the effect of general versus special scarcity messages on the consumer's purchase intention using the level of the scarcity depth as moderators. In other words, we postulates that the scarcity message type and scarcity depth play an essential moderating role in the relationship between the inferred motives and purchase intention. In other worlds, different from the past studies, we examine the interplay between the perceived motives and scarcity type, and between the perceived motives and scarcity depth. Both of these constructs have been examined in isolation, but a key question is whether they interact to produce an effect in reaction to the scarcity message type or scarcity depth increase. The perceived motive Inference behind the scarcity message will have important impact on consumers' reactions to the degree of scarcity depth increase. In relation ti this general question, we investigate the following specific issues. First, does consumers' inferred motives weaken the positive relationship between the scarcity depth decrease and the consumers' purchase intention, and if so, how much does it attenuate this relationship? Second, we examine the interplay between the scarcity message type and the consumers' purchase intention in the context of the scarcity depth decrease. Third, we study whether scarcity message type and scarcity depth directly affect the consumers' purchase intention. For the answer of these questions, this research is composed of 2(intention inference: existence vs. nonexistence)${\times}2$(scarcity type: special vs. general)${\times}2$(scarcity depth: high vs. low) between subject designs. The results are summarized as follows. First, intention inference(inferred motive) is not significant on scarcity effect in case of special scarcity message. However, nonexistence of intention inference is more effective than existence of intention inference on purchase intention in case of general scarcity. Second, intention inference(inferred motive) is not significant on scarcity effect in case of low scarcity. However, nonexistence of intention inference is more effective than existence of intention inference on purchase intention in case of high scarcity. The results of this study will help managers to understand the relative importance among the type of the scarcity message and to make decisions in using their scarcity message. Finally, this article have several contribution. First, we have shown that restrictions server to activates a mental resource that is used to render a judgment regarding a promoted product. In the absence of other information, this resource appears to read to an inference of value. In the presence of other value related cue, however, either database(i.e., scarcity depth: high vs. low) or conceptual base(i.e.,, scarcity type special vs. general), the resource is used in conjunction with the other cues as a basis for judgment, leading to different effects across levels of these other value-related cues. Second, our results suggest that a restriction can affect consumer behavior through four possible routes: 1) the affective route, through making consumers feel irritated, 2) the cognitive making route, through making consumers infer motivation or attribution about promoted scarcity message, and 3) the economic route, through making the consumer lose an opportunity to stockpile at a low scarcity depth, or forcing him her to making additional purchases, lastly 4) informative route, through changing what consumer believe about the transaction. Third, as a note already, this results suggest that we should consider consumers' inferences of motives or attributions for the scarcity dept level and cognitive resources available in order to have a complete understanding the effects of quantity restriction message.

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Design of Water Resource Planning System Utilizing Special Features in Mathematical Programming Data Structure (수리계획 모형 자료구조를 활용한 수자원 운영 계획 시스템의 설계)

  • Kim, Jae-Hee;Park, Youngjoon;Kim, Sheung-Kown
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.04a
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    • pp.160-163
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    • 2000
  • Due to the complexities of the real-world system, a water resource management program has to deal with various types of data. It appears that management personnel who has to use the program usually suffers from the technical burdens of handling large amount of data and understanding the optimization theory when they try to interpret the results. By combining the capabilities of database technology and modeling technique with optimization procedure we can develop a reliable decision supporting tool for multi-reservoir operation planning, which yields operating schedule for each dam in a river basin. We introduce two special data handling methodology for the real world application. First, by treating dams, hydro-electric power generating facilities and demand sites as separate database tables, the proposed data handling scheme can be applied to general water resource system in Korea. Second, by assigning variable names using predetermined key words, we can save searching time for identifying the moaning of the variables, so that we can quickly save the results of the optimization run to the database.

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A Study on the Readjustment Plans for Solution of Conflict in Gaeseong Complex - Centering around the Inter-Korean Commercial Arbitration System (개성공단 분쟁해결 제도 정비방안 - 남북상사중재제도를 중심으로)

  • Hwangbo, Hyun
    • Journal of Arbitration Studies
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    • v.29 no.4
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    • pp.3-31
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    • 2019
  • In order to achieve full-scale economic cooperation between North Korea and South Korea, the Gaesong Industrial Complex should reopen first. In this case, the Inter-Korean commercial arbitration system should be clearly established to effectively resolve the disputes arising in the special economic zones of the Gaesong Industrial Complex. Even though the Inter-Korean Investment Security Agreement, the Agreement on the Resolution of Commercial Disputes between North Korea and South Korea, the Agreement on the Formation and Operation of the Inter-Korean Commercial Arbitration Committee, and the Agreement on the Formation and Operation of the Inter-Korean Commercial Arbitration Committee in the Gaesong Industrial District are in place, specific arbitration procedure is not concretely agreed upon and realized between the two Koreas. Therefore, the realization of commercial arbitration between them led by the Ministry of Unification or the government should be accomplished. In addition, it is necessary to consider the administrative trial or administrative litigation system in order to deal with administrative disputes that are not subject to commercial arbitration. Lastly, discussions on legal integration between the two Koreas should continue, focusing on the special economic zone of the Gaesong Industrial Complex, in order to prevent integration from being hindered by a different culture for a long time.

Binary Classification Method using Invariant CSP for Hand Movements Analysis in EEG-based BCI System

  • Nguyen, Thanh Ha;Park, Seung-Min;Ko, Kwang-Eun;Sim, Kwee-Bo
    • Journal of the Korean Institute of Intelligent Systems
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    • v.23 no.2
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    • pp.178-183
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    • 2013
  • In this study, we proposed a method for electroencephalogram (EEG) classification using invariant CSP at special channels for improving the accuracy of classification. Based on the naive EEG signals from left and right hand movement experiment, the noises of contaminated data set should be eliminate and the proposed method can deal with the de-noising of data set. The considering data set are collected from the special channels for right and left hand movements around the motor cortex area. The proposed method is based on the fit of the adjusted parameter to decline the affect of invariant parts in raw signals and can increase the classification accuracy. We have run the simulation for hundreds time for each parameter and get averaged value to get the last result for comparison. The experimental results show the accuracy is improved more than the original method, the highest result reach to 89.74%.

A study of tubular steel Furniture -Focused on the chair design in $1920s{\sim}1930s$- (강철관(鋼鐵管) 가구디자인에 관한 연구 -1920년대부터 1930년대 디자인을 중심으로-)

  • Oh, Se-Ja
    • Journal of the Korea Furniture Society
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    • v.17 no.3
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    • pp.57-68
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    • 2006
  • Most of all furniture had been produced from wood, because it is easy to obtain from our surroundings. As time goes by people want to decorate their house with new material furniture. Because it is outcome from development of material technology & industrialization. Furniture design trends of twenty century are not only the fruits of great talented furniture artists but also high-tech material engineers. In this study, I deal with a tubular steel, as an one of the most important material of furniture, and also tubular steel furniture manufactured by a cantilever method. This study researches what are special features of it, how can designers utilize it to furniture and how do they conquest defects of the material such as a sensation of coldness, hardness and so on. In this context, It is possible that create not only new shape of furniture but also new style of space through new technology innovation.

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A PRIORI ERROR ESTIMATES OF A DISCONTINUOUS GALERKIN METHOD FOR LINEAR SOBOLEV EQUATIONS

  • Ohm, Mi-Ray;Shin, Jun-Yong;Lee, Hyun-Young
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.13 no.3
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    • pp.169-180
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    • 2009
  • A discontinuous Galerkin method with interior penalty terms is presented for linear Sobolev equation. On appropriate finite element spaces, we apply a symmetric interior penalty Galerkin method to formulate semidiscrete approximate solutions. To deal with a damping term $\nabla{\cdot}({\nabla}u_t)$ included in Sobolev equations, which is the distinct character compared to parabolic differential equations, we choose special test functions. A priori error estimate for the semidiscrete time scheme is analyzed and an optimal $L^\infty(L^2)$ error estimation is derived.

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Study on Vehicle Routing Problem of Artillery Position Construction for Survivability Support (포병화력 생존성지원을 위한 진지구축경로문제 연구)

  • Moon, Jung-Hyun;Lee, Sang-Heon
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.3
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    • pp.171-179
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    • 2011
  • In this paper, we deal with the vehicle routing problem that could establish operational plan of military engineer for survivability support of artillery position construction. We propose VRPTW(vehicle routing problem with time-window) model of special form that considered service level to reflect the characteristics of military operations rather than the logic of economic efficiencies in the objective function. Furthermore we suggest modified particle swarm optimization algorithm for service based vehicle routing problem solution that can be possible to search in complicated and uncertain area and control relation softly between global and local search.