• Title/Summary/Keyword: Stock Management

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A Study on Managing High-Speed Railway Links and Rolling Stocks Based on the Level of Service (서비스수준(LOS)을 감안한 고속철도 노선 및 차량관리방안)

  • Oh, Jae Kyoung;Kim, Si Gon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.37 no.6
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    • pp.1025-1032
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    • 2017
  • In this paper, the level of service (LOS) is defined for high-speed railway links and rolling stocks. Based on this LOS, how to manage high-speed railway facility is also suggested. The LOS is divided into 6 levels from A to F. The measurement of effectiveness (MOE) for railway links is derived from the relationship between a total delay time and a railway link utilization ratio. Another MOE, volume over capacity (V/C), is also proposed. On the other hand, the LOS for high-speed railway rolling stocks is based on the density of people in a rolling stock. Above all, LOS D is defined to the total number of seats. Then, LOS A is 50% of the LOS D, LOS B is 70% of the LOS D, LOS C is 90% of the LOS D and LOS D~F is defined as the maximum seats and standing people at the level of each. Finally, a method to manage high-speed railway links and rolling stocks is proposed in order to keep the level of service at the target by the government.

A Study on the Construction Plan of Smart Fish Farm Platform in the Future (미래 스마트 양식 플랫폼의 구축방안에 대한 연구)

  • Choi, Joowon;Lee, Jongsub;Kim, Youngae;Shin, Yongtae
    • KIPS Transactions on Computer and Communication Systems
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    • v.9 no.7
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    • pp.157-164
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    • 2020
  • As the consumption of fishery products continues to increase, aquaculture industry has emerged instead of fishing industry facing limitations of fish stock resources. Recently, smart fish farming industry has rapidly developed through convergence with 4th Industrial Revolution technology. Accordingly, it is important to derive a future model of smart fish farming platforms in order to secure the superiority of the aquaculture industry and the technology standard hegemony. In this study, the future direction of smart fish farm platform was derived through the analysis of environment related to politics, economy, society, and technology related to smart fish farming by applying PEST methodology of macro-environment analysis. It is expected that it will help the public and industrial circles in planning and implementing related projects by including the entire process of value chain of aquaculture industry of breeding, production, management and distribution, and by presenting advanced models based on artificial intelligence and digital twin.

Chaos-Theoretical Approach to Media Convergence on Internet Media (인터넷미디어 중심의 매체융합 현상에 대한 카오스 이론적 접근)

  • Lee, Keun-Yong
    • Korean journal of communication and information
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    • v.19
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    • pp.185-211
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    • 2002
  • Media convergence is prevalent all over the world, and is expected to change our lives dramatically in near future. Chaos theory is a new emerging theoretical approach to various social phenomena including organization management, economic system, stock market fluctuation, and so on. This thesis is intended to explain media convergence phenomena centered on internet media using basic concepts of chaos theory such as self-organization, co-evolution, and feedback loop. The implications of this tentative study are that we can apply chaos theory to media convergence as other social or natural phenomena, and that maintaining chaos state of media system is useful for accelerating creativities, and that developing media system as an organic system to cooperate with other relevant systems is helpful for promoting life qualities, and that establishing moral order or root value is desirable for implementing communicatopia.

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An Analysis on the Networking of Local Newspaper Industry (지방신문사의 네트워킹 형성에 관한 분석 연구)

  • Chung, Sang-Yune
    • Korean journal of communication and information
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    • v.19
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    • pp.239-264
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    • 2002
  • The networking between the press and elites, and its impact on journalistic activities in fact have been major subjects of scholarly scrutiny particularly among students of elite theory and class theory. This is an empirical analysis of how the press establishes networks with several powers in local community. This study basically examines a set of independent variables, such as the nature of capital and history of local newspapers and explores how the management and elites in the press utilize several social resources and establish networks. Major findings of this study are as follows: To begin with, the networking between local newspapers and elites showes significant differences according to the nature of capital and history of the newspaper. In other words, while the newspapers operated by stock capital revealed high degree of networking with political and financial elites, the newspapers operated by family capital did not demonstrate significant level of networking with particular elites. The shorter the history of newspaper is, the more she tends to be dependent on resources, and feel it imperative to establish strong networks with elites.

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Graphs Used in ASEAN Trading Link's Annual Reports: Evidence from Thailand, Malaysia, and Singapore

  • Kurusakdapong, Jitsama;Tanlamai, Uthai
    • Journal of Information Technology Applications and Management
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    • v.22 no.3
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    • pp.65-81
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    • 2015
  • This study reports a preliminary finding of the types and numbers of graphs being presented in the annual reports of about thirty top listed companies trading publicly in the stock markets of three countries-Thailand (SET), Malaysia (BM), and Singapore (SGX)-that were chosen based on their inclusion in the ASEAN Stars Index under the ASEAN Trading Link project. A total of 6,753 graphs from nineteen sectors were extracted and examined. Banking, real estate, and telecommunications are ranked the three most condense sectors, accounting for 50.2% of the total number of graphs observed. The three most used graphs are the Conservative Bar, Donut graph and Stack Bar. Less than one percent of Infographic type graphs were used. The five most depicted graphed variables are Asset, Revenue, Net profit, Liability, and Dividend. Using rudimentary framework to detect distorted or misleading statistical graphs, the study found 60.6% of the graphs distorted across the three markets, SET, BM, and SGX. BM ranked first in percentages of graphs being distortedly presented (73%). The other two markets, SET and SGX, have about the same proportions, 53.88% and 53.03%, respectively. Likewise, the proportions of Well-designed versus Inappropriate-designed graphs of the latter two markets are a little over one time (SET = 1 : 1.17; SGX = 1 : 1.13), whereas the proportion is almost triple for the BM market (BM = 1 : 2.70). In addition, the trend of distorted graphs found is slightly increasing as the longevity of the ASEAN Stars Index increases. One possible explanation for the relatively equal proportion of inappropriate graphs found is that SET is the smallest market and SGX, though the largest, is the most regulated market. BM, on the other hand, may want to present their financial data in the most attractive manner to prospective investors, thus, regulatory constraints and governance structure are still lenient.

Dynamics of Asset Returns Considering Asymmetric Volatility Effects: Evidences from Korean Asset Markets (우리나라 자산가격 변동의 기준점 효과 및 전망이론적 해석 가능성 검정)

  • Kim, Yun-Yeong;Lee, Jinsoo
    • KDI Journal of Economic Policy
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    • v.33 no.1
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    • pp.93-124
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    • 2011
  • In this paper, we claim the asymmetric response of asset returns on the past asset returns' signs may be explained from the market behavioral portfolio choice of investors. For this, we admit the anchor and adjustment mechanism of investors which partly explains the momentum in the asset prices. We also claim the prospect theory based on the risk aversions may simultaneously work with the anchor and adjustment effect, whenever the lagged asset return was positive and investors accrued the gain. To identify these effects empirically in a threshold autoregressive model, we suppose the risk aversions inducing the volatility effect is related with the past volatility of asset returns. In application of suggested method to Korean stock and real estate markets, we found these effect exist as expected.

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A Study on a Regional Cooperative Preservation Program for Public Libraries - with a special reference to Busan Metro Area - (공공도서관을 위한 지역 공동보존서고 운영방안에 관한 연구 -부산지역을 중심으로-)

  • Kang, Eun-Yeong;Chang, Durk-Hyun
    • Journal of Korean Library and Information Science Society
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    • v.48 no.3
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    • pp.207-232
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    • 2017
  • Recent efforts to systematically transfer older materials from local library collections to preserve in a cooperative preservation facility, such as regional main library, are being made in each region. The study, in this regard, sheds light the regional preservation program, as it identifies status of preservation in local libraries and analyze the opinions of librarians in order to illustrate the planning process of regional preservation program. Based on the data about preservation status of public library in Busan metro area, the study focused on the strategies to operate a cooperative preservation program for public libraries. Specifically, 1) it investigates the preservation status of public library in Busan area and the librarians' opinion on a cooperative preservation facility in Busan library. 2) It adds a proposal composed with a materials transfer strategy and a space management program.

Forage Intake and Nutrient Requirements of Fallow Weaner Deer in Southern Australia

  • Ru, Y.J.;Fischer, M.;Glatz, P.C.;Wyatt, S.;Swanson, K.;Falkenberg, S.
    • Asian-Australasian Journal of Animal Sciences
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    • v.16 no.5
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    • pp.685-692
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    • 2003
  • Information on nutrient requirements and forage intake of fallow weaner deer is required for the development of feeding strategies during the year. An experiment was conducted in which 60 fallow weaner deer (grazing on medic and ryegrass based pastures) were supplemented with a concentrated diet at three levels. The diet contained 2% minerals, 30% lupin and 68% barley grain. Twelve deer from each treatment were dosed with commercial alkane capsules in May, June, July, September and October to predict nutrient intake. The relationships between body weight gain and intake of metabolisable energy and crude protein were established using a general linear models analysis. Dry matter intake from pastures ranged from 0.137 kg to 0.304 kg in May and June and increased to 1.2 kg in October. Nutrient intake from pastures was strongly influenced by amount of supplementary feed and gender. Digestible energy intake from pastures was 1.3, 3.8 and 6.1 MJ/day higher for males than females in July, August and October, respectively. The protein and energy intake was strongly correlated with body weight gain. The energy requirement for maintenance were 7.3, 8.2, 10.2, 10.2 and 10.7 MJ DE/day and the DE required for each kg body weight gain were 19, 18, 29, 34 and 49 MJ in May, June, August and October, respectively. The protein requirement for maintenance was 12.2, 12.6, 15.0, 11.4 and $8.5g/W^{0.75}$ in May, June, July, August and October, respectively. The nutrient requirement defined from this study can be used to assist farmers to explore the possible pasture and stock management practices under southern Australian conditions. However, further research is required to develop rapid and cheap methods for estimating dry matter intake, nutritive value of pastures and to quantify the potential growth rate of fallow deer in southern Australia.

New Zealand's Catch Balancing Regime: A Model of Enforcement Strategies (뉴질랜드 어획량 균형 제도: 시행전략모델)

  • Nam, Jongoh;Dobrot, Gabriela
    • Environmental and Resource Economics Review
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    • v.17 no.4
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    • pp.775-812
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    • 2008
  • This paper provides a theoretical approach to the New Zealand's Catch-Balancing Regime (CBR) with a reporting requirement under the Individual Transferable Quota (ITQ) system. The enforcement strategy depicted draws on recent literature regarding practical applications of the Revelation Principle. New Zealand's use of CBR-specific instruments such as deemed values, remains to be improved. However, some of its features can constitute a valuable example for regulators seeking to improve their methods of dealing with issues as bycatch or overfishing in order to maintain Total Allowable Catch (TAC) levels under emerging ITQ systems. The enforcement strategy analyzed has the potential to provide a more sustainable and efficient management of the fish stock, reduce discarding and stabilize monitoring costs, while improving the level of reporting compliance.

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Building-up Strategies for Competitiveness of Specialty Stores Distribution Channels in the Cosmetics Industry (화장품 전문점 유통경로의 경쟁력 강화방안)

  • 김상덕;박정아;조현진
    • Proceedings of the Korean DIstribution Association Conference
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    • 2003.05a
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    • pp.71-92
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    • 2003
  • Specialty stores, which have been major channels of Korean cosmetic industry, are bringing out a lot of problems in current distribution channel systems because of its repeated depression of sales. Especially, inefficiency in distribution channel systems is caused by cannibalistic price-off competition between specialty stores, too many launchings of new products, excessive sales promotion, absence or surplus of stock, and so on. Using qualitative methods such as in-depth interview and group discussion, the authors attempt In diagnose fundamental problems of the cosmetic specialty store distribution channels in three viewpoints; achievement of goals, marketing flows in channels, and relationship management. In addition, this paper suggests core strategies for building up the competitiveness of both of the maker and the retailer, The competitive strategies are mainly about securing profitability of retailers, smoothening of marketing flows in channels, and building-up trustful relationships between distribution channel members.

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