• Title/Summary/Keyword: The Real

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Tramsmission Method of Periodic and Aperiodic Real-Time Data on a Timer-Controlled Network for Distributed Control Systems (분산제어시스템을 위한 타이머 제어형 통신망의 주기 및 실시간 비주기 데이터 전송 방식)

  • Moon, Hong-ju;Park, Hong-Seong
    • Journal of Institute of Control, Robotics and Systems
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    • v.6 no.7
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    • pp.602-610
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    • 2000
  • In communication networks used in safety-critical systems such as control systems in nuclear power plants there exist three types of data traffic : urgent or asynchronous hard real-time data hard real-time periodic data and soft real-time periodic data. it is necessary to allocate a suitable bandwidth to each data traffic in order to meet their real-time constraints. This paper proposes a method to meet the real-time constraints for the three types of data traffic simultaneously under a timer-controlled token bus protocol or the IEEE 802.4 token bus protocol and verifies the validity of the presented method by an example. This paper derives the proper region of the high priority token hold time and the target token rotation time for each station within which the real-time constraints for the three types of data traffic are met, Since the scheduling of the data traffic may reduce the possibility of the abrupt increase of the network load this paper proposes a brief heuristic method to make a scheduling table to satisfy their real-time constraints.

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The Effects of Cost Stickiness on Real Earnings Management: A Data Analysis of Export Marketers

  • Oh, Yu-Gyeom;Kim, Moon-Hong
    • Asia-Pacific Journal of Business
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    • v.13 no.3
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    • pp.93-118
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    • 2022
  • Purpose - Export marketers may have incentives to attempt real earnings management to avoid low reported earnings. Therefore, we attempted to verify the relationship between cost stickiness and real earnings management in the context of export marketing. Design/methodology/approach - Data were collected from exporters that settle-accounts in December excluding financial businesses listed on the stock market from 2015 to 2019. Multiple regression analysis were employed to analyze the data. Findings - The results showed that there is a negative relationship between cost stickiness and real earnings management. In addition, the results showed that export marketers little attempt to offset the cost inefficiency caused by the increase in expense because of cost stickiness with opportunistic management activities through real earnings management. Rather, as the level of real earnings management appears lower, exporters showing cost stickiness are expected to report management performance based on actual marketing. Furthermore, exporters with a high level of managerial centrality or high managerial overconfidence little attempt to offset cost inefficiency caused by cost stickiness with real earnings management activities. Research implications or Originality - Our study is the first to investigate the quality of earnings information of exporters with cost stickiness. Based on the results, we suggested efficient marketing strategies for exporters.

A Study on Relations of Macroeconomic Events and Investment Real Estate Holdings of Corporate -Including comparisons of KOSPI and KOSDAQ Listed Companies in Financial Crisis- (거시경제적사건과 기업의 투자부동산 보유간의 관련성 분석 -금융위기에 코스피기업과 코스닥기업의 비교를 중심으로-)

  • Lee, Chan-ho
    • Journal of Digital Convergence
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    • v.15 no.11
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    • pp.113-120
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    • 2017
  • The purpose of this study is to analyze how the relative proportion of retention between real estate for business and investment real estate among the real estate held by corporations has been changed after and before the Financial Crisis as well as whether there has been any difference between KOSPI and KOSDAQ listed companies in terms of their share of the real estate. The increasing pattern of real estate owned by KOSDAQ were similar to the KOSPI companies except for investment properties during the Financial Crisis. The proportion of real estate owned by KOSPI had been lower than that of KOSDAQ companies in both investment and business real estate before the Financial Crisis. However, during the period of the Financial Crisis, the proportion of real estate for business held by KOSPI firms was higher than that of KOSDAQ firms. Furthermore, the portion of investment of real estate owned by KOSPI has remained higher than that of KOSDAQ after the Financial Crisis period and the recent period. Based on the results of this analysis, how the relevance of the change of portion between real estate for business and investment real estate affects management performance will be figured out in the future studies.

How to develop corporate real estate? A decision support tool for CREM

  • Dorr, Anne;Pfnur, Andreas
    • Journal of Construction Engineering and Project Management
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    • v.7 no.2
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    • pp.19-33
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    • 2017
  • Various forms of procurement are open to companies when constructing new owner-occupied properties. The selection of a form of procurement is an important decision-making problem for companies and their Corporate Real Estate Management (CREM) departments. With this in mind, a decision support tool has been developed to optimise the outcome and success of company's proposed real estate development projects and is presented in this paper. This model can also be used for current real estate portfolios to optimise returns in the long term. In pursuit of this objective and in order to provide an academic basis for this study, decision-relevant goals and parameters were initially identified from the referenced literature used in our research. These were subsequently evaluated in a case study of a corporate development project and identified as specific decision criteria from the perspective of the CREM. The investigation identified 15 criteria that are relevant to the corporate decision-making process in procuring and/or developing property. A model for supporting and resolving decision-making problems of this type was derived from decision theory. In this paper, a decision-making tool is presented that takes into account all the decision criteria from the CREM point of view for the first time. This model should therefore serve as an aid in implementing the decision-making process for the development of real estate projects in a more structured and transparent manner.

A Study on the Scheme to Revitalize the Escrow through the Stabilization of Real Estate Transactions (부동산거래 안정을 위한 에스크로우 활성화 방안에 대한 연구)

  • Kwon, Young-Sik;Park, Chang-Soo
    • The Journal of the Korea institute of electronic communication sciences
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    • v.7 no.2
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    • pp.349-356
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    • 2012
  • Entering the era of globalization, international real estate companies to advance into the country are increasing. And real estate transactions, the need for transparency and reliability are becoming even more. The alternative that real estate transactions in advance to avoid an accident is just an escrow system. Analysing the status and actual conditions of escrow in the country's real estate market and presenting the activation plans are as follows. First, the government should support building bulk service for real estate transactions. Second, tax benefits should be developed.

A Grey MCDM Based on DEMATEL Model for Real Estate Evaluation and Selection Problems: A Numerical Example

  • NGUYEN, Phi-Hung;TSAI, Jung-Fa;NGUYEN, Thanh-Tam;NGUYEN, Thi-Giang;VU, Dang-Duong
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.549-556
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    • 2020
  • Real estate markets play an essential role in the economic development of both developed and developing countries. Investment decisions in private real estate demand the consideration of several qualitative and quantitative criteria. Especially in Vietnam, demand for housing, apartments are rising which has resulted because of the migration from rural to urban areas. This study aims to determine the influencing factors of the real estate purchasing behavior and then recommend a grey Multi-Criteria Decision Making (MCDM) support model to evaluate real estate alternatives based on a numerical example in Vietnam. A set of essential criteria are identified based on experts' opinion, and the proposed determinants are initial investment, maintenance cost, prestige location, distance to interesting places, parking lot, public transportation, property condition, total area size, number of rooms, and neighbors. The subjective weights were obtained by using the Decision-Making Trial and Evaluation Laboratory (DEMATEL) model, and the Grey Relational Analysis (GRA) technique is employed to prioritize and rank real estate alternatives. The results reveal that this approach can be useful to make purchasing decisions for many kinds of real estate property under uncertain business environments. These findings indicate that the presented hybrid model has advantages in granting flexibility to the preferences of decision makers.

Real and Monetary Determinants of Korea's Real Exchange Rate (우리나라 실질환율(實質換率)의 결정요인(決定要因))

  • Park, Won-am
    • KDI Journal of Economic Policy
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    • v.13 no.2
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    • pp.21-39
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    • 1991
  • This paper introduces a two-sector model to analyze the real and monetary determinants of Korea's real exchange rate. So far, most studies on Korea's exchange rate have concentrated on the behavior of nominal exchange rate, but this study proposes a dynamic model of real exchange rate behavior in developing countries and estimates the real and financial determinants of Korea's real exchange rate behavior. The estimation was performed over the period of 1980-89. The results show many interesting things. First, the monetary and fiscal expansion led to a real appreciation, which suggests that the monetary and fiscal stances be kept sound for a real depreciation. Second, the improvement in the terms of trade led to a real depreciation. This experience is in the contrast to the popular view that the improvement in the terms of trade will result in a real appreciation. Third, the productivity growth led to a real appreciation, but this effect of the Ricardo-Balassa type was not significant. Finally, the nominal devaluation was quite effective to produce a real depreciation. This result also supports Korea's exchange rate policy in the 1980s which was based upon the real target approach instead of nominal anchor approach.

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THE RIGIDITY FOR REAL HYPERSURFACES IN P3(ℂ)

  • LEE, SEONG-BAEK;KIM, NAM-GIL;HAN, SEUNG-GOOK;TAKAGI, RYOICHI
    • Honam Mathematical Journal
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    • v.22 no.1
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    • pp.99-106
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    • 2000
  • We prove that a certain class of real hypersurfaces in $P_3({\mathbb{C}})$ has the rigidity. Making use of this we classify all homogeneous real hypersurfaces in $P_3({\mathbb{C}})$.

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