• Journal of applied mathematics & informatics
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• 제6권2호
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• pp.539-552
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• 1999

An order-level inventory model for a perishable product with a time-dependent demand is developed for a fixed planning pe-riod allowing backlogging in all cycles within the said period. The market demand is assumed to decrease exponentially as time elapses. The average system cost is derived and its optimization procedure is illustrated with a numerical example. Sensitivity of the optimal so-lution to changes in the values of different parameters of the system is also analysed.

• Journal of Platform Technology
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• 제11권4호
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• pp.62-70
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• 2023

이 논문은 농수산물 생산자가 도매시장에 상품을 출하하는 시기와 양을 결정하는 것을 돕기 위한 시스템을 구축하기 위한 일련의 과정 중 일부이다. 기존 농수산물 출하모델에서 사용하지 않은 품질변화효과를 모델링하고, 그 통계적 유의성을 확인한 후, 시스템에 도입하는 것이 이 연구의 목적이다. 이를 위해 연구자는 품질변화효과를 측정할 수 있는 네 가지 모델을 개발하였다. 시간이 지남에 따라 1) 품질이 일정하게 떨어지는 경우, 2) 품질이 처음에 급속히 떨어지다가 나중에는 천천히 떨어지는 경우, 3) 품질이 처음에 천천히 떨어지다가 나중에는 급속히 떨어지는 경우, 4) 품질이 낮았다가 시간이 흐른 후 높아지다가 다시 감소하는 경우를 모델링하였다. 각 모델의 품질변화효과가 출하량에 미지는 영향을 2014-2021년 사이에 가락도매시장에서 거래된 사과를 대상으로 실증분석 해 본 결과에 따르면 네 모델 모두 품질변화효과에 유의성을 발견하였다. 그리고 네 모델 간 설명력에 유의한 차이는 없었다. 따라서 네 개 모델 중 어느 하나를 선택해서 사과에 대한 출하시기의사결정시스템에 적용시킬 수 있는 것으로 나타났다.

• 유통과학연구
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• 제13권5호
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• pp.71-82
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• 2015

Purpose - The purpose of this study is to investigate risk price implied from the pricing kernel of Korean stock distribution market. Recently, it is considered that the quantitative easing programs of major developed countries are contributing to a reduction in global uncertainty caused by the 2007~2009 financial crisis. If true, the risk premium as compensation for global systemic risk or economic uncertainty should show a decrease. We examine whether the risk price in the Korean stock distribution market has declined in recent years, and attempt to provide practical implications for investors to manage their portfolios more efficiently, as well as academic implications. Research design, data and methodology - To estimate the risk price, we adopt a non-parametric method; the minimum norm pricing kernel method under the LOP (Law of One Price) constraint. For the estimation, we use 17 industry sorted portfolios provided by the KRX (Korea Exchange). Additionally, the monthly returns of the 17 industry sorted portfolios, from July 2000 to June 2014, are utilized as data samples. We set 120 months (10 years) as the estimation window, and estimate the risk prices from July 2010 to June 2014 by month. Moreover, we analyze correlation between any of the two industry portfolios within the 17 industry portfolios to suggest further economic implications of the risk price we estimate. Results - According to our results, the risk price in the Korean stock distribution market shows a decline over the period of July 2010 to June 2014 with statistical significance. During the period of the declining risk price, the average correlation level between any of the two industry portfolios also shows a decrease, whereas the standard deviation of the average correlation shows an increase. The results imply that the amount of systematic risk in the Korea stock distribution market has decreased, whereas the amount of industry-specific risk has increased. It is one of the well known empirical results that correlation and uncertainty are positively correlated, therefore, the declining correlation may be the result of decreased global economic uncertainty. Meanwhile, less asset correlation enables investors to build portfolios with less systematic risk, therefore the investors require lower risk premiums for the efficient portfolio, resulting in the declining risk price. Conclusions - Our results may provide evidence of reduction in global systemic risk or economic uncertainty in the Korean stock distribution market. However, to defend the argument, further analysis should be done. For instance, the change of global uncertainty could be measured with funding costs in the global money market; subsequently, the relation between global uncertainty and the price of risk might be directly observable. In addition, as time goes by, observations of the risk price could be extended, enabling us to confirm the relation between the global uncertainty and the effect of quantitative easing. These topics are beyond our scope here, therefore we reserve them for future research.

• Asian-Australasian Journal of Animal Sciences
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• 제12권7호
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• pp.1123-1128
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• 1999

Sheep meat is the most expensive meat in developed countries. Consumption is dependent on cultural factors and will increase as population and incomes grow. In the main exporting countries (New Zealand and Australia), sheep numbers are decreasing as the market for wool is declining. Sheep meat production will develop in small and medium scale commercial systems, close to their markets.

• 수산경영론집
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• 제39권1호
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• pp.1-16
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• 2008

For the last few years, the wholesale market system in Japan has been experiencing a lot of changes in the related sectors. The greatest changes in the environments surrounding the wholesale market were enlargement of the producers' cooperatives, increase of fisheries products marketed in the outside of the wholesale market system, and management aggravation of the related businessmen, These changes resulted in the revision of the wholesale Market Law in 1999 to cope with the social needs successfully. Recently, fisheries wholesale markets in Japan have a few problems like declining of earning power, weakening of management constitution, etc. Consequently, Japanese government presents policy for enforcing the competition power through reform laws related with fisheries wholesale markets. Also the fisheries wholesale markets have been trying variety and active countermeasures like undertaking, merger, coalition, etc. to overcome the crisis.

• 대한건축학회논문집:계획계
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• 제33권12호
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• pp.73-83
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• 2017

Due to the changes in the contemporary society, small-scale traditional markets have declined and lost their functions as the center of neighborhood commercial and cultural affairs. While most traditional markets are deteriorating, there exist rare cases of neighborhood small-scale traditional markets that continuously maintain their vitality and popularity. This paper examines urban spatial characteristics of those markets. As for the cases, this paper inventoried eighteen such markets in Gwanak-gu, Seoul. The research methods include literature reviews, on-site investigation of total 18 such markets, and participant observations. The findings of this paper are as follows: There are distinctive differences in the urban-spatial characteristics of physical environmental factors between the revitalized markets and declining markets. In terms of neighborhood and commercial environment, the franchised super-markets are not necessarily in competition with small-scale traditional markets. The former often has symbiotic relationship the latter, if the small scale traditional markets are strategically located in between residential areas and subway stations, providing active pedestrian networks. There are many outdoor display stands in the revitalized markets, while the declining markets rarely have them. The market improvement projects such as transforming the open space into arcade space, hardly have effects on revitalization of the small-scale traditional markets.

• 한국의류산업학회지
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• 제24권1호
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• pp.108-116
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• 2022

The children's clothing market continues to grow in Korea, despite the declining total fertility rate. This study aims to investigate the changes in Korean children's clothing market according to the launching time of brands. To this end, it analyzed 90 children's clothing brands in 2019. The results of this study are as follows. These children's clothing brands had been actively launched since 2000. Although the total fertility rate in Korea has dropped to approximately one percent, the number of children's clothing brands has increased significantly each year since 2005. Sixteen children's clothing brands were launched between 2005 and 2009, twenty-three were launched between 2010 and 2014, and thirty-five were launched between 2015 and 2019. Various brands are competing in Korean children's clothing market. Overseas brands have continued to expand their market share while the market share of domestic brands has decreased continuously. Clothing brands, including adult clothing brands other than children's clothing brands, are actively entering Korean children's clothing market. Many overseas, luxury, and sportswear brands have entered Korean children's clothing market. Many sportswear brands have launched children's clothing brands, with a significant increase since 2013. The results of this study show that Korean children's clothing market has changed from a local market to a global fashion market.

• 한국경영과학회지
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• 제28권1호
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• pp.11-23
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• 2003

This study Investigates the short and long-run dynamic relationships between the domestic and U.S. stock markets for the period of declining stock prices. It Is well known that the domestic stock market variations are largely caused by the U.S. stock market movements. Multivariate causal tty test Is utilized to examine the lead-lag relationships among four stock prices of KOSPI and KOSDAQ In the domestic part and DOWJONES and NASDAQ In the U.S. part. When the stock prices tend to decrease In the long run, It Is found that both KOSPI and KOSDAQ have closer relations with NASDAQ than DOWJONES. When both of domestic stock markets are severely fluctuate, bidirectional causal relationships appear to exist between NASDAQ and each of KOSPI and KOSDAQ. On the other hand. when the domestic stock markets are relatively stable, unidirectional causality Is found to exist between NASDAQ and each of KOSPI and KOSDAQ. which is explicitly validated by the analysis of variance decomposition.

• 토지주택연구
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• 제6권4호
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• pp.165-175
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• 2015

본 연구는 정부의 효율적인 공기업 관리정책 추진을 위해서는 기본적으로 공기업의 수명주기 단계를 파악하고 이에 기초한 정책결정이 필요하다는데 연구의 초점을 갖고 있다. 이를 위해 공기업에 적용 가능한 기업수명주기 분류변수를 정의하고 공기업 관리정책의 기초자료로 제공하는데 연구의 목적을 갖고 있다. 이러한 연구목적의 달성을 위해 공기업 중 최근 급격한 부채 증가로 인해 공기업 경영정상화의 대표적인 대상 기업으로 선정된 한국도로공사, 한국수자원공사, 한국철도공사, 한국토지주택공사 등 준시장형 SOC 공기업을 연구범위로 선정하였다. 본 연구는 분류변수 간의 중요도와 적용기준 분석을 위해 1차 전문가 설문조사를 실시하였다. 이를 바탕으로 AHP분석과 빈도분석 등의 통계분석을 활용하여 준시장형 SOC 공기업의 수명주기 분류변수 간 중요도와 적용기준을 분석하였다. 또한, 쇠퇴기 판별을 통해 예상되는 쇠퇴기에서 관리방안을 살펴보고자 2차 전문가 설문조사를 실시하였고, 이들 공기업의 쇠퇴기 예상시기 및 쇠퇴기에서의 관리방법에 대하여 조사 분석하였다.

• 대한토목학회논문집
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• 제42권2호
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• pp.273-279
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• 2022

현재까지 폐교가 진행된 곳은 전국적으로 총 17개 대학으로 지금도 폐교에 직면한 학교들이 여전히 존재하는 만큼 인구이탈이 빠른 비수도권을 중심으로 대학의 생존위험이 커지고 있는 실정이다. 문제는 폐교가 이루어질 경우 지역사회에 큰 파장을 불러올 수 있어 다양한 도시문제를 발생시킬 수 있다. 따라서 본 연구에서는 동부산대학교를 사례로 주택가격과 연계하여 폐교 주변 지역을 주택시장 관점에서 접근하였다. 폐교지정 전후를 비교하기 위해 이중차분법(DiD)을 실시하여 실증 분석한 결과 폐교 위기에 직면한 대학 주변 주택가격은 대학 쇠퇴에 따른 영향으로 아파트가격의 하락 및 정체현상을 보여 주변 지역발전에 부정적인 영향을 미친것으로 나타났다.