• Journal of Korean Society of Industrial and Systems Engineering
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• v.37 no.1
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• pp.165-171
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• 2014

We develop an optimization algorithm for a periodic review inventory system under a stochastic budget constraint. While most conventional studies on the periodic review inventory system consider a simple budget limit in terms of the inventory investment being less than a fixed budget, this study adopts more realistic assumption in that purchasing costs are paid at the time an order is arrived. Therefore, probability is employed to express the budget constraint. That is, the probability of total inventory investment to be less than budget must be greater than a certain value assuming that purchasing costs are paid at the time an order is arrived. We express the budget constraint in terms of the Lagrange multiplier and suggest a numerical method to obtain optional values of the cycle time and the safety factor to the system. We also perform the sensitivity analysis in order to investigate the dependence of important quantities on the budget constraint. We find that, as the amount of budget increases, the cycle time and the average inventory level increase, whereas the Lagrange multiplier decreases. In addition, as budget increases, the safety factor increases and reaches to a certain level. In particular, we derive the condition for the maximum safety factor.

• Journal of Korean Society of Rural Planning
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• v.17 no.1
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• pp.13-27
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• 2011

This study analyzed the budget investment plans for the unit-project items(UPI) of 176 project districts for the rural village comprehensive development projects (RVCDP). This study classified the master plan reports of 176 project districts into 88 unit project items in aspect of project management, in order to analyze characteristics of distribution of budget in each project item. Most of all unit project items have similar types of uniform distribution with plus skewness in frequency pattern analysis except the total budget of the project district. This study analyzed the characteristics of budget distribution per province, year, and geographical types of region. Furthermore this paper also analyzed ratio of budget in unit project items to find out distribution pattern of each budget between project items over time. The hierarchical system for UPI of RVCDP consisted of three steps, which are 4 items of the first step on Strength of Rural-urban Exchange & Regional Capability (RURC), Green-income Infrastructure & Facility (GIF), Culture- health-welfare Facility, and Eco-environment & Landscape facility (ELF), 13 items for the second one, and 52 items for the third project items. From the results of the budget investment analysis for 5 years from 2004 to 2008, the budget investment ratios of RURC and ELF have steady state for every year, while GIF in decreasing and ELF in increasing over time. The ratios of UPI on infrastructure were decreased, whereas those on culture, health, and welfare were increased. Portion of tow project items among 52 items, which are community centers for village residents and rural experimental study facility, has 30% of total budget investment. Futhermore, the budget ratios of seven project items showed 50% of total budget. Average value of project budgets for five years was optimized as a type of exponential function in the case of decent array for ranking order.

• The Korean Journal of Ecology
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• v.26 no.1
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• pp.1-4
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• 2003

In diurnal activity of the black-crowned night herons on breeding season, activity budget was that male were standing(29.5%), preening(21.5%), comfort(10.9%), and female were resting(26.3%), repairing (18.4%), preening(15.3%) in sequence. Activity budget was high significant between male and female(p<0.01). In case of activity-time budget sequence, male was standing(38.7%), locomotion(33.8%), preening(11.5%), and female was resting(55.4%), standing(18.4%), preening(9.4%). Therefore, activity-time budget was significantly different in male and female(p<0.01).

• IE interfaces
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• v.24 no.4
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• pp.295-303
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• 2011

This paper presents a discrete time optimal asset buying problem with a predetermined final deadline where an available budget is limited. A cost is paid to search for assets called the search cost. A seller who shows up offers a price for the asset and then the buyer decides whether or not to buy the asset by comparing the offered price to his optimal selection threshold. When the budget becomes less than the search cost or the price of the asset the buyer can get a necessary loan with some interests. We clarify the properties of the buyer's optimal selection threshold in order to maximize the expected value of budget which is left after paying all the search costs and the price of the asset at that point in time.

• Journal of Ecology and Environment
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• v.43 no.2
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• pp.263-270
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• 2019

Background: The gelada baboon, Theropithecus gelada Ruppell, 1835, is an endemic primate of the central and western highlands of Ethiopia occurring between altitudes of 1800-4400 m. Variability in activity time budget between the two gelada social units, i.e., one-male units (OMUs) and all-male units (AMUs), has not been studied previously. Thus, the present study was an effort to understand intra- and inter-variations in group size and daily activity time budget in gelada baboon OMUs and AMUs at Guassa Community Conservation Area, Central Ethiopia. The instantaneous sampling method was used in the data collection. Results: Both OMU and AMU groups allocated more time for feeding (OMUs = 36.96%; AMUs = 35%) followed by moving (OMU = 25.8%; AMUs = 27%). Grooming was the most frequent social activity in both family groups (OMUs = 8.56%; AMUs = 11.81%). OMUs and AMUs did not show significant variation between themselves in the time budget and temporal distribution of their daily activities. However, the overall variation in the time budget allocated for daily activities within OMUs and AMUs was statistically significant (p < 0.05%). The different age and sex groups in OMUs (i.e., immature, sub-adult females, subordinate males, adult females, and alpha males) showed statistically significant variation in their time budget allocation for the daily activities (p < 0.05) except for feeding and moving. Alpha males had the highest proportion of resting (32.14%) and aggression (31.92%). Immature individuals were responsible for > 90% of the time budget recorded for playing while adult females showed the highest frequency of grooming. Group size of OMUs ranged between 5 and 15 individuals (mean ± SD = 11.25 ± 1.95). Adult females comprised the highest number within OMUs (mean = 4.5) followed by immature individuals (mean = 3). The group size of AMUs ranged from 4 to 8 (mean ± SD = 6.6 ± 1.5). Conclusion: Our results showed that the gelada baboon spent less time on foraging compared to previous studies at the Simien Mountains and Debre-Libanos area. We suggested this variation could be explained based on higher forage quality at Guassa Community Conservation Area resulting from better conservation of the habitat.

• International Journal of Highway Engineering
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• v.11 no.3
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• pp.13-21
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• 2009

The traveler's travel pattern has significantly changed due to the social and economic changes. The travel time among the traveler's pattern is the limited resource. The travelers are trying to maximize the utility of travel with the least travel cost. So, the travelers travel with their own travel time budget in mind, which they can pay or choose to pay for the optimal maximization of the utility of the individuals. This research is to group and extract the specific factors which affect the travel time budget by utilizing the CART analysis method, which enables the analysis of traveler's characteristics and their interrelationship based on the data collected from "2002 Household Travel Practice Research" and then try to derive a model for estimating the traveler’s travel time budget. The result of CART analysis shows that the factors which affect the travel time budget include the traveler's age, size of house, type of house, type of employment, job and relation to the head of household. Considering the affecting factors derived, I developed an estimation model. From that model, we found that the age, size of house and type of house were positively (+) related to the travel time budget while the homeworking people who have less travel frequency as a type of employment were negatively (-) related to it. In particular, from the point of type of job, the housewives, children not yet old enough to attend schools and people who are working in the agricultural, or marine product industries were found to have the negative (-) value while the people who have the administrative, office, management jobs were found to have the positive (+) value.

• Animal Bioscience
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• v.37 no.5
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• pp.944-951
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• 2024

Objective: Parturition is crucial for dams, their calves, and cow managers. The prediction of calving time, which assists cow managers to decide on the relocation of cows to maternity pens and necessity of human supervision, is a pivotal aspect of livestock farming. However, existing methods of predicting calving time in dairy cows based on hormonal changes and clinical symptoms are time-consuming and yield unreliable predictions. Accordingly, we investigated whether heart rate variability (HRV) which is a non-invasive assessment of autonomic nervous system (ANS) activity and behavior during the prepartum period would be useful for predicting calving time in dairy cows. Methods: Eight pregnant cows were surveilled under electrocardiogram and video recordings for HRV and behavioral analyses, respectively. HRV parameters in time and frequency domains were evaluated. A 24-h time budget was calculated for each of six types of behavior (standing and lying with or without rumination, sleeping, and eating). Results: Heart rate on calving day is considerably higher than those recorded on the days preceding calving. Low frequency power declined, whereas high frequency power escalated on the calving day compared to the period between 24 and 48 h before calving. The time budget for ruminating while lying decreased and that while standing increased markedly on the calving day compared to those allocated on the preceding days; nonetheless, the total time budget for ruminating did not differ during the prepartum period. Conclusion: We elucidated the ANS activity and behavioral profiles during prepartum period. Our results confirm that HRV parameters and behavior are useful for predicting calving time, and interestingly indicate that the time budget for ruminating while standing (or lying) may serve as a valuable predictor of calving. Collectively, our findings lay the foundation for future investigations to determine other potential predictors and formulate an algorithm for predicting calving time.

• The Journal of the Convergence on Culture Technology
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• v.9 no.6
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• pp.779-787
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• 2023

Previous research regarding budget analysis has been mostly limited to describing annual changes in defense budgets relative to total budgets without a theoretical background. More empirical defense budget research is needed with better data. This study conducts an empirical analysis of national defense expenditures using Punctuated Equilibrium Theory (PET). The purpose of this study is to examine trends in the Republic of Korea's (ROK) functional defense budgets (total defense budget, force operation budget, force improvement budget) and to identify and analyze radical points of change in the defense budget using punctuated equilibrium theory. This study also explores trends and punctuations in the national defense budgets using annual defense budget data from the ROK for every year from 1998 to 2017. This study finds that from 1998 to 2017 the spending pattern of the total defense budget in the ROK was characterized by 19 years of stable growth and a one-time punctuation (5.0%). The force operation budget exhibited stable growth in eighteen years and was punctuated twice (10%). The force improvement budget was punctuated five times.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.3
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• pp.741-750
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• 2021

The budget deficit is closely related to expansionary fiscal policy as a fiscal instrument to encourage economic growth. This study aims to apply optimal control theory in the Keynesian macroeconomic model for the economy, so that optimal growth can be found. Macroeconomic variables include GDP, consumption, investment, exports, imports, and budget deficit as control variables. This study uses secondary data in the form of time series, the time period 1990 to 2018. Performing optimal control will result in optimal fiscal policy. The optimal determination is done through simulation, for the period 2019-2023. The discrete optimal control problem is to minimize the objective function in the form of a quadratic function against the deviation of the state variable and control variable from the target value and the optimal value. Meanwhile, the constraint is Keynes' macroeconomic model. The results showed that the optimal value of macroeconomic variables has a deviation from the target values consisting of: consumption, investment, exports, imports, GDP, and budget deficit. The largest deviation from the average during the simulation occurs in GDP, followed by investment, exports, and the budget deficit. Meanwhile, the lowest average deviation is found in imports.

• Fashion & Textile Research Journal
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• v.7 no.6
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• pp.624-632
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• 2005

The purpose of this study was to examine the consumers' purchasing behavior of budget-priced cosmetics according to the shopping orientation. Questionnaires used for this study were composed of 57 questions including 21 questions about cosmetic shopping orientation, 32 questions about budget-priced cosmetic purchasing behavior and four questions about demographic variables. Questionnaires were administrated to 20 to 49 aged 317 women who have shopping experience on budget-priced cosmetics. Data were analyzed by using factor analysis, cluster analysis, ANOVA, ${\chi}^2$-test, correlation, crosstabulation analysis, and scheffe test utilizing SPSS/WIN. The results were as follows. First, shopping orientation of cosmetics were classified into 5 factors: 'interest and impulsive purchasing tendency', 'price-oriented purchasing tendency', 'ration-oriented purchasing tendency', 'famous brand-oriented purchasing tendency' and 'brand royalty- oriented purchasing tendency'. According to the shopping orientation of cosmetics, the respondents were classified into 4 groups: 'passive shopping group', 'rational shopping group', 'active shopping group', 'neutral shopping group'. Second, when comparing each group's purchasing behavior of budget-priced cosmetics with shopping orientation of cosmetics, there was not significant difference in one time purchasing cost and the number of shop visits. In case of demographic variables concerning purchasing behavior of budget-priced cosmetics, there was significant differences in one time purchasing cost according to age, level of education and employment status. The number of shop visits had also difference according to age, level of education and monthly family income. Based on these results, marketing strategies for demographic characteristics of target market rather than the shopping orientation are needed.