• Title/Summary/Keyword: Stock Management

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Biomass Energy Potential of Wood Waste due to Forest Land Conversion (산림전용에 따른 폐잔목의 임산바이오에너지 잠재적 공급량 분석)

  • Kwon, Soon-Duk;Son, Yeong-Mo;Park, Young-Kyu
    • Journal of Korea Foresty Energy
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    • v.25 no.2
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    • pp.16-21
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    • 2006
  • This study aimed to assess biomass energy resources available from waste wood due to forest land conversion. Forest land area of 7,806ha on annul average during 2001-2005 was converted to other land use and the growing stock of $266,551m^3$ was felled annually due to the conversion. Biomass energy potential of waste wood due to forest land conversion was estimated to 102,325 tons of biomass on annual average during 2001-2005 of which 57,945 tons were from coniferous forest and 44,379 tons were from broadleaved forest. Biomass energy Potential Per unit area Per year increased for the same period and was estimated to 13.0 tons of biomass on annual average.

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Assessment of Biomass and Carbon Stock in Sal (Shorea robusta Gaertn.) Forests under Two Management Regimes in Tripura, Northeast India

  • Banik, Biplab;Deb, Dipankar;Deb, Sourabh;Datta, B.K.
    • Journal of Forest and Environmental Science
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    • v.34 no.3
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    • pp.209-223
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    • 2018
  • We investigated tree composition, stand characteristics, biomass allocation pattern and carbon storage variability in Sal forests (Shorea robusta Garten.) under two forest management regimes (Sal forest and Sal plantation) in Tripura, Northeast India. The results revealed higher species richness (29 species), stand density of $1060.00{\pm}11.12stems\;ha^{-1}$ and diversity index ($1.90{\pm}0.08$) in Sal forest. and lower species richness (4 species), stand density of $ 230.00{\pm}37.22stems\;ha^{-1}$ and diversity index ($0.38{\pm}0.15$) in Sal plantation. The total basal cover $33.02{\pm}4.87m^2ha^{-1}$) and dominance ($0.76{\pm}0.08$) were found higher in Sal plantation than the Sal forest ($22.53{\pm}0.38m^2ha^{-1}$ and $0.23{\pm}0.02$ respectively). The total vegetation carbon density was recorded higher in Sal plantation ($219.68{\pm}19.65Mg\;ha^{-1}$) than the Sal forest ($167.64{\pm}16.73Mg\;ha^{-1}$). The carbon density estimates acquired in this study suggest that Sal plantation in Tripura has the potentiality to store a large amount of atmospheric carbon inspite of a very low species diversity. However, Sal forests has also an impending sink of carbon due to presence of large number of young trees.

Effectiveness Evaluation of Demand Forecasting Based Inventory Management Model for SME Manufacturing Factory (중소기업 제조공장의 수요예측 기반 재고관리 모델의 효용성 평가)

  • Kim, Jeong-A;Jeong, Jongpil;Lee, Tae-hyun;Bae, Sangmin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.18 no.2
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    • pp.197-207
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    • 2018
  • SMEs manufacturing Factory, which are small-scale production systems of various types, mass-produce and sell products in order to meet customer needs. This means that the company has an excessive amount of material supply to reduce the loss due to lack of inventory and high inventory maintenance cost. And the products that fail to respond to the demand are piled up in the management warehouse, which is the reality that the storage cost is incurred. To overcome this problem, this paper uses ARIMA model, a time series analysis technique, to predict demand in terms of seasonal factors. In this way, demand forecasting model based on economic order quantity model was developed to prevent stock shortage risk. Simulation is carried out to evaluate the effectiveness of the development model and to demonstrate the effectiveness of the development model as applied to SMEs in the future.

The Effects of the Service Orientation on Job Satisfaction and Customer Orientation of the Urban Railway-operating Company (도시철도운영기관의 서비스지향성이 직무만족과 고객지향성에 미치는 영향)

  • Lee, Hyun-Ju;Kook, Kwang-Ho
    • Journal of the Korean Society for Railway
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    • v.12 no.5
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    • pp.761-771
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    • 2009
  • This paper performed an empirical study through the survey to investigate the effects of the service orientation of the urban railway-operating company on employees' job satisfaction and customer orientation. For this, the surveyed data was analyzed through factor analysis, reliability analysis, and regression analysis. The difference between railway-operating companies was analyzed by the t-test and the differences between workers in different fields were analyzed by the ANOVA test. The results show that 1) human resource management, employee empowerment, service leadership, and service system are positively related to employees' job satisfaction in the decreasing order, 2) the service system, human resource management, and service leadership are positively related to customer orientation, but employee empowerment is negatively related to customer orientation, 3) the workers of the urban railway-operating company A and B show significant differences in job satisfaction and customer orientation, and 4) the job satisfaction and the customer orientation of the rolling stock maintenance workers was the highest and that of service workers in station was the lowest.

Application of Inventory Construction for GIS-based Bamboo Resource Assessment (GIS기반 국내 대나무 자원 평가 인벤토리 구축과 활용 방안)

  • YOO, Byung-Oh;PARK, Joon-Hyung;PARK, Yong-Bae;JUNG, Su-Young;LEE, Kwang-Soo
    • Journal of the Korean Association of Geographic Information Studies
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    • v.20 no.4
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    • pp.77-88
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    • 2017
  • This study developed an inventory, using GIS-based resource assessment, for assisting forest management planning. The major inventory contents were relationally integrated, using field sample plots, to extract and calculate attributes such as general status, forest stand condition, forest site condition, forest site and soil area (ha) and growing stock (weight, in tons). Evaluating the efficiency of forest management plan implementations is critical to effective health and sustainability at a larger functional level, specifically in bamboo forests. This inventory is a valuable tool for decision-making, such as developing a long-term management plan for sustainably managing bamboo resources.

A Study on the Relevance between Socially Responsible Investment and Book-Tax Difference (사회책임투자와 회계이익-과세소득 차이 간의 관련성 연구)

  • Ryu, Ye-Rin;Ji, Sang-Hyun;Lee, Gyeong-Rak
    • Journal of the Korea Convergence Society
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    • v.9 no.2
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    • pp.183-190
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    • 2018
  • We examined the level of Earnings Management of Socially Responsible Investment(SRI) Corporate by using Book-Tax Difference(BTD). We used 2,718 sample data from 2011 to 2016 on Korea Stock Exchange. In short, the result of this study's is as followed. Socially Responsible Investment(SRI) have a negative relevance with Book-Tax Difference(BTD). Therefore this study can support that a firm has a high level of Socially Responsible Investment(SRI) will have the better the Quality of Accounting according to our study. This study contributes as follow. we can confirm that the more Socially Responsible Investment(SRI) the better Quality of Accounting Information. And we hope that our study can be helped development of sound capital market and give a useful information to investors on firms that has a high level of Socially Responsible Investment(SRI).

Corporate Cash Flow Exposures to Foreign Exchange Rate and the Determinants : Korean Listed Non-financial Firms (현금흐름의 단기 환노출과 결정 요인에 관한 연구)

  • Kang, Won
    • The Korean Journal of Financial Management
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    • v.26 no.3
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    • pp.31-64
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    • 2009
  • This article investigates the short-term cash flow exposures to Korea's major trading partners' currencies based on the kospi and kosdaq firm data from 2000 to 2008. The cash flow approach allows us to analyze the influence on operational performances of individual firm's hedging strategies. Taken all three foreign exchange rates together, more than 30% of the sample firms exhibit significant exposure. Given that the short-term cash flow is rather easy to hedge, the result proves a poor exchange rate risk management practices of Korean firms. Kosdaq firms are more exposed than Kospi firms. On the contrary to the previous researches using stock prices, the operational cash flows show a positive relationship with the value of foreign currencies. The exchange rate-firm sample further shows that the size and leverage affect the level of exposure.

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A Study on the Improvement of the Criteria for the Management Evaluation Related to the Means-Efficiency of Public Library (공공도서관 수단효율성관련 경영평가기준의 개선방향에 관한 연구)

  • Jung, Won Joo;Hong, Hyun Jin
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.28 no.4
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    • pp.203-221
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    • 2017
  • This study is to suggest some improvement directions of the criteria for the management evaluation in order to contribute to the achievement of lasting value of the continuous development and publicity in regard to the public library means-efficiency. To this end, This study analyzed the means-efficiency evaluation criteria via theoretical review on business analysis of private enterprise and the analysis framework based on it. The improvement of evaluation criteria in regard to efficiency for the continuous development of public library are as follows. 1) Regardless of domestic and foreign, an efficiency index in the performance evaluation index of public library is absolutely insufficient. The sufficient indexes measuring efficiency which is appropriate for the concept of performance should be developed. 2) A flow data representing input and performance in certain time period is insufficient. Therefore, evaluation index consisted of flow data should be more developed. 3) Long term stock data is excluded in the term cost as it is the cost used for the long term such as fixed assets. However, it is useful as input data, which is realized through the perfect accounting.

Generating Firm's Performance Indicators by Applying PCA (PCA를 활용한 기업실적 예측변수 생성)

  • Lee, Joonhyuck;Kim, Gabjo;Park, Sangsung;Jang, Dongsik
    • Journal of the Korean Institute of Intelligent Systems
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    • v.25 no.2
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    • pp.191-196
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    • 2015
  • There have been many studies on statistical forecasting on firm's performance and stock price by applying various financial indicators such as debt ratio and sales growth rate. Selecting predictors for constructing a prediction model among the various financial indicators is very important for precise prediction. Most of the previous studies applied variable selection algorithms for selecting predictors. However, the variable selection algorithm is considered to be at risk of eliminating certain amount of information from the indicators that were excluded from model construction. Therefore, we propose a firm's performance prediction model which principal component analysis is applied instead of the variable selection algorithm, in order to reduce dimensionality of input variables of the prediction model. In this study, we constructed the proposed prediction model by using financial data of American IT companies to empirically analyze prediction performance of the model.

A Study on between Human Resource Management and Merger and Acquisition: The case of D company (인수합병(M&A) 이후 HR 활용: D사의 사례를 중심으로)

  • Kim, Hyung-Ho;Han, Jung-hee
    • Journal of Industrial Convergence
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    • v.13 no.4
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    • pp.11-28
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    • 2015
  • A company have to grow constantly. If a company does not grow and stagnant, it will be finally out of the market. The contemporary companies fully make use of M&A to search for new growth engines. The reason of companies using M&A as a important tool of a business strategy is the fastest way to achieve technology power, market power, competitiveness. The form of M&A was that leading companies take over smaller companies or merger and acquisition between small companies in the middle of 2000. But now, Mega mergers between industry leading companies often occur and especially domestic of course M&A of foreign companies occurs actively. These days the boom of stock market and the big companies are pouring on sale by restructuring, privatization and the basis of low interest will make the M&A market continuously. In this study, I suggest a solution of actual human resources management by analyzing proven M&A cases and search for various problems of a gap in the leadership and communication in connection with integration of organization culture after M&A. First of all, I arrange the theoretical concept of the subject and analyze the key factors of the success M&A cases, lastly I suggested a HR strategy after M&A. After M&A, HR strategy is ; First, a company have to build a organization culture which is that merger company accommodate a excellent organizational characteristic of predecessor company with consideration of culture difference. Second, M&A must proceed to remove of anxiety about the future and employment stability by excellent leaderships. Third, organization integration after M&A is influenced by the level of integration for that reason it was verified that M&A have to make progress by communication of each 2 organizations.

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