• Title/Summary/Keyword: gross-to-net ratio

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A study on the management performance of a set net fishery according to the blooming frequency of jelly fish Nemopliema nomurai in Yeosu (해파리 출현빈도에 따른 여수 정치망어업의 경영실적 고찰)

  • Song, Se Hyun;Lee, Sang-Go;Kim, Heeyong
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.51 no.1
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    • pp.42-49
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    • 2015
  • According to the catch condition of Scomberomorus niphonius in autumn season affected greatly, the catch price for the set net fishery. Catch production and the selling price were relatively even except 2009 showing a great big blooming jellyfish of Nemopliema nomurai in 2008~2011. The fishing cost of the set net fishery in Yeosu has increased gradually by the decrease of catch production and unexpected environmental change like as jelly fish blooming. The increase of fishing cost diminished net income and caused a negative impact in profitability. The lowest Fisheries ratio of gross profit to gross costs the set net fishery were appeared 60.2% in 2010, respectively. Bycatch was highest in 2008 and lowest in 2009. In general, the bycatch was occurred from May to July every year and when Scomber japonicus was most dominant in the catch price by bycatch had a advantage in the profit side. However, the catch increase of immature small fishes by the bycatch, which will bring about the decrease of fisheries resources. Finally, the present state in set net fisheries will act as a defect on the long-term management of fisheries resources.

Empirical Analysis of 3 Statistical Models of Hospital Bankruptcy in Korea (병원도산 예측모형의 실증적 비교연구)

  • 이무식;서영준;양동현
    • Health Policy and Management
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    • v.9 no.2
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    • pp.1-20
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    • 1999
  • This study was conducted to investigate the predictors of hospital bankruptcy in Korea and to examine the predictive power for 3 types of statistical models of hospital bankruptcy. Data on 17 financial and 4 non-financial indicators of 30 bankrupt and 30 profitable hospitals in 1. 2, and 3 years before bankruptcy were obtained from the hospital performance databank of Korea Institute of Health Services Management. Significant variables were identified through mean comparison of each indicator between bankrupt and profitable hospitals, and the predictive power of statistical models of hospital bankruptcy were compared. The major findings are as follows. 1. Nine out of 21 indicators - fixed ratio, quick ratio, operating profit to total assets, operating profit to gross revenue, normal profit to total assets,normal profit to gross revenue, net profit to gross revenue, inventories turnrounds, and added value per adjusted patient - were found to be significantly predictitive variables in Logit and Probit models. 2. The predicdtive power of discriminant model of hospital bankruptcy in 1. 2, and 3 years before bankruptcy were 85.4, 79.0, and 83.8% respectively. With regard to the predictive power of the Logit model of hospital bankruptcy, they were 82.3, 75.8, and 80.6% respectively, and of the Probit model. 87.1. 80.6, and 88.7% respectively. 3. The predictive power of the Probit model of hospital bankruptcy is better than the other two predictive models.

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Effect of dietary phytase supplementation with different calcium/phosphorus ratio and net energy reduction on growth performance and nutrient digestibility in finishing pigs

  • Yanjiao Li;Qianqian Zhang;In Ho Kim
    • Korean Journal of Agricultural Science
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    • v.49 no.4
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    • pp.639-646
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    • 2022
  • The present experiment was conducted to assess the effect of Buttiauxella-derived phytase in finishing pigs fed corn/soybean meal diets with an increase in the calcium (Ca)/total phosphorus (P) (Ca/tP) ratio and a reduction in net energy on the growth performance and nutrient digestibility on the finishing pigs. A total of 90 crossbred ([Yorkshire × Landrace] × Duroc) finishing pigs with an average initial body weight (BW) of 56.94 ± 2.43 kg were used for an 11-week feeding trial. The pigs were randomly allotted to one of three dietary treatments (six replication/treatment and five pigs/pen) in a randomized complete block design according to their BW and gender. Dietary treatments consisted of supplementation of phytase (0.05, 0.07, and 0.1% in the control, Trt1 and Trt 2 diets, respectively) maintaining the Ca/tP ratio (1.67 : 1, 1.84 : 1, and 2.19 : 1 in control, Trt1 and Trt 2 diets, respectively) and reducing the net energy by 1% in Trt1 and Trt2 diets compared with the control diet. The results showed that dietary supplementation with phytase in the energy-reduced diet had a similar (p > 0.05) effect on the BW, average daily gain, average daily feed intake, and gain/feed ratio of the finishing pigs. Also, there were no effects (p > 0.05) of treatment matrixes on the nutrient digestibility of dry matter, nitrogen calcium, phosphorus, and gross energy. In conclusion, the increase of phytase and Ca/tP ratio and the reduction of net energy in the corn/soybean meal diet resulted in comparable growth performance and nutrient digestibility of finishing pigs relative to pigs fed the control diet.

An Application of Data Mining Techniques in Electronic Commerce (전자상거래에서 지식탐사기법의 활용에 관한 연구)

  • Sung Tae-Kyung;Chu Seok-Chin;Kim Joong-Han;Hong Jun-Seok
    • The Journal of Information Systems
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    • v.14 no.2
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    • pp.277-292
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    • 2005
  • This paper uses a data mining approach to develop bankruptcy prediction models suitable for traditional (off-line) companies and electronic (on-line) companies. It observes the differences in the composition prediction models between these two types of companies and provides interpretation of bankruptcy classifications. The bankruptcy prediction models revealed the major variables in predicting bankruptcy to be 'cash flow to total assets' and 'gross value-added to net sales' for traditional off-line companies while 'cash flow to liabilities','gross value-added to net sales', and 'current ratio' for electronic companies. The accuracy rates of final prediction models for traditional off-line and electronic companies were found to be $84.7\%\;and\;82.4\%$, respectively. When the model for traditional off-line companies was applied for electronic companies, prediction accuracy dropped significantly in the case of bankruptcy classification (from $70.4\%\;to\;45.2\%$) at the level of a blind guess ($41.30\%$). Therefore, the need for different models for traditional off-line and electronic companies is justified.

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Analysis of the Regional Effectiveness of Urban Wall-Planting Applied by a Biotope Area Ratio - Case of Jung-gu District in Seoul - (생태면적률 적용을 통한 도시 내 벽면녹화의 지역적 효과 분석 - 서울시 중구를 사례로 -)

  • Kang, Tae-Sun;Lee, Myung-Woo
    • Journal of the Korean Institute of Landscape Architecture
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    • v.42 no.5
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    • pp.88-100
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    • 2014
  • The purpose of the study is to analyze the regional effectiveness of wall-plantings by applying a biotope area ratio when wall-plantings are constructed in high density areas. For this, this study required a sample of the wall-planting's regional plan. Therefore, types of wall-planting were determined and applied to a sample site. Four types of wall-plantings were developed by formative features and functional features. Type "A" had simple and functional features, Type "B" had both mixed and functional features, Type "C" had both simple and landscape features and Type "D" had mixed and landscape features. Jung-gu District in Seoul was chosen as the sample site. Total investigations were performed three times for three months from June to August, 2011. Total green-able walls were located in 498 places with a total length of 8,449m and gross vertical area of $23,754.90m^2$. The classification results of total green-able walls by the four types were Type "A" at $1,936.65m^2$, Type "B" at $5,875.30m^2$, Type "C" at $12,487.85m^2$ and Type "D" at $3,455.10m^2$. This study analyzed how all facade areas of the green-able walls impacted the biotope area ratio at the site. First, the biotope area ratio regarding all the zones in Jung-gu District was defined as the gross biotope area ratio while the biotope area ratio regarding all of the artificial zones was defined as the net biotope area ratio. In the case of the gross biotope area ratio, 17.97% is current ration with a projected increase to 0.10% after wall-planting. In the case of the net biotope area ratio, 4.73% is the current ration with a projected increase to 0.11% after wall-planting. This 0.11% is about 2.28% of 4.73%. This study looks at all wall-plantings that have been constructed throughout a high density area to observe their impact on the improvement of ecological function therein. With consideration of the landscape value of the facade, the regional effectiveness of wall-planting is expected to increase even more.

Study on Optimal Working Conditions for Picking Head of Self-Propelled Pepper Harvester by Factorial Test

  • Kang, Kyung-Sik;Park, Hoon-Sang;Park, Seung-Je;Kang, Young-Sun;Kim, Dae-Cheol
    • Journal of Biosystems Engineering
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    • v.41 no.1
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    • pp.12-20
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    • 2016
  • Purpose: Pepper prices have risen continuously because of a decrease in cultivation area; therefore, mechanical harvesting systems for peppers should be developed to reduce cost, time, and labor during harvest. In this study, a screw type picking head for a self-propelled pepper harvester was developed, and the optimal working conditions were evaluated considering helix types, winding directions of helix, and rotational speeds of the helix. Methods: The screw type was selected for the picking head after analyzing previous studies, and the device consisted of helices and a feed chain mechanism for conveying pepper branches. A double helix and a triple helix were manufactured, and rotational speeds of 200, 300, and 400 rpm were tested. The device was controlled by a variable speed (VS) motor and an inverter. Both the forward and reverse directions were tested for the winding and rotating directions of the helix. An experiment crop (cultivar: Longgreenmat) was cultivated in a plastic greenhouse. The test results were analyzed using the SAS program with ANOVA to examine the relationship between each factor and the performance of the picking head. Results: The results of the double and triple helix tests in the reverse direction showed gross harvest efficiency levels of 60-95%, mechanical damage rates of 8-20%, and net marketable portion rates of 50-80%. The dividing ratio was highest at a rotational speed of 400 rpm. Gross harvest efficiency was influenced by the types of helix and rotational speed. Net marketable portion was influenced by rotational speed but not influenced by the type of helix. Mechanical damage was not influenced by the type of helix or rotational speed. Conclusions: Best gross harvest efficiency was obtained at a rotational speed of 400 rpm; however, operating the device at that speed resulted in vibration, which should be reduced.

Liquidity Determinants of Private Hospitals in Korea (민간병원의 유동성 관련요인 분석)

  • Choi, Man-Kyu;Lee, Yun-Seok;Lee, Yoon-Hyeon
    • Health Policy and Management
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    • v.12 no.4
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    • pp.1-17
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    • 2002
  • This study was attempted to identify the liquidity trends and determinants of private hospitals in Korea different. Data used in this study were collected from 98 hospitals with complete general data of present conditions as well as financial statements(balance sheets, income statements). They were chosen from hospitals that passed the standardization audit undertaken by the Korean Hospital Association from 1996 to 2000 for the purpose of accrediting training hospitals. The dependent variables in this study were used current ration and quick ratio as a proxy indicator for liquidity. The independent variables were ownership type, hospital type, location, bed size, period of establishment, short-term liabilities to total assets, long-term liabilities to total assets, borrowings to total assets, fixed asset ration, net profit to total assets, operating margin to gross revenue, growth rate of net worth to total assets, total asset turnover, and business risk(volatility of profit). The major findings of this study were as follows. Trends of liquidity(current ratio, quick ratio) had been continuously decreased. Especially, There were very distinct decreasing trends of personal hospitals and less than 300beds, which weakened liquidity. The factors had significant effect on current ratio were short-term debt to total assets(-), fixed asset ratio(-), business risk(+). High short-term debt to total assets, high fixed asset ratio and high business risk significantly decreased in liquidity. The factors that significantly affected on quick ratio were short-term debt to total assets(-), borrowings to total assets(+), fixed asset ratio(-), business risk(+).

Relations between the Financial Ratios and the Management Performance in Oriental Medicine Hospital (재무분석을 통한 대학부속 한방병원의 경영성과분석)

  • Lee, Woo-Chun
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.7 no.2
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    • pp.35-44
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    • 2012
  • This paper provides information for decision making of the managers and the staffs of oriental medicine hospitals through the analyzing financial statement. The oriental medicine hospitals decreased total assets, total gross revenues, and increased debt. Comparison of years 2008 and 2010, oriental medicine hospital's total assets decreased, liabilities increased, total revenue decreased, and showed a continuing deficit. On the other hand, the rate of net worth of the oriental medicine hospitals were high and lower dependence on the borrowings. So the management performance of the oriental medicine hospitals as a whole were good. However some the oriental medicine hospitals were experiencing serious financial difficulties. In order to the hospitals overcome its financial difficulties, they had to rely on short-term borrowings. In consideration of the reserve fund for essential business, the transfers and the net profit ratio to total assets of the operating profit ratio to total assets were the level of commercial interest rates. But the operating profit ratio to the total assets were significantly different according to the hospitals. And 10 hospitals of the operating profit ratio to gross operating revenues were (-), they had problems with profitability. Meanwhile the total amount of capital and the equity capital of reduced hospitals increased, there were significant differences even between hospitals.

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Impact for Financial Performance of Small & Medium-Sized Firms by Maintenance Period of IMS Certification (IMS 인증유지기간이 경영성과에 미치는 영향)

  • Kim, Kyung-Ihl;Kim, Ki-Suk
    • Journal of Convergence Society for SMB
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    • v.2 no.2
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    • pp.21-26
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    • 2012
  • This paper analyzes business performance that together influence firms to adopt IMS, which is the standard primarily concerned with an IMS. We predict that the firm's financial characteristics will also influence the IMS adoption in our analses. This study tests three hypotheses on management performance of adoption of IMS. The main findings are as follows. The first hypotheses is supported in terms of debt ratio, fixed assets to net worth and fixed liabilities, net sales groth rate respectively at the 1%, 5%, and 5% significance level. The second hypotheses is supportrf in terms of gross margin on sales and total assets turnover at the respective rates of 1% and 10% significance level. The third hypotheses is supported in terms of current ratio, debt ratiom fixed assets to net worth and fixed liabilities at the respective rates of 10% and 1% significance level.

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Effect of Undegradable Dietary Protein Level and Plane of Nutrition on Lactation Performance in Crossbred Cattle

  • Kumar, M. Ravi;Tiwari, D.P.;Kumar, Anil
    • Asian-Australasian Journal of Animal Sciences
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    • v.18 no.10
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    • pp.1407-1413
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    • 2005
  • An experiment was conducted in order to assess the effect of level of RDP:UDP ratio and level of feeding concentrate on milk yield, milk composition and nutrient utilization in lactating crossbred cattle. Twenty four medium producing (-10 kg/d, 45 to 135 days postpartum) lactating crossbred cows were divided into four groups of six animals each in a 2${\times}$2 factorial completely randomized design. The cows in group 1 were fed concentrate mixture I containing 59:41 RDP:UDP ratio (low UDP) at normal plane (LUDP+NP), in group 2 were fed low UDP ration at 115% of NRC (1989) requirements (LUDP+HP), whereas cows in group 3 were fed concentrate mixture II containing 52:48 RDP:UDP ratio (high UDP) at normal plane (HUDP+NP) and in group 4 were fed high UDP ration at 115% of NRC (1989) requirements (HUDP+HP). Green jowar was fed ad libitum as the sole roughage to all the animals. The experimental feeding trial lasted for 105 days. The total dry matter intake (DMI), DMI/100 kg body weight, DMI/kg $W^{0.75}$, digestibilities of DM, OM, CP, CF, EE and NFE and intakes of TDN and DCP did not differ significantly among the different groups and also due to both UDP level and plane of nutrition and also due to their interaction. The total dry matter intake varied from 145 g in group 1 (LUDP +NP) to 152.57 g/kg $W^{0.75}$ in group 2 (LUDP+HP) diet. However, increase in milk yield with increased UDP level and also with increased plane of nutrition was observed consistently throughout the experimental period. The average milk yield was 7.66, 8.15, 8.64 and 9.35 kg in groups 1, 2, 3 and 4, respectively and there was no significant difference in milk yield among different groups of cows. The overall daily average milk yields in cows fed with low and high UDP diets were 7.91 and 8.99 kg, respectively and at normal and higher plane of feeding the milk yields were 8.15 and 8.75 kg/day, respectively. Thus, there was 13.65% increase in milk yield due to high UDP level and 7.36% due to higher plane of feeding. The daily 4% FCM yields were 9.20 kg for low UDP diet and 10.28 kg for high UDP diet, whereas it was 9.11 kg at normal plane of feeding and 10.37 kg at higher plane of feeding. Fat yields for the corresponding treatment groups were 0.37, 0.43, 0.41 and 0.48 kg, respectively. The 4% FCM yield and also fat yield did not differ significantly among different dietary treatments and also due to UDP level and plane of nutrition, however, 4% FCM yield was increased by 11.74% with high UDP level and 13.83% with higher plane of feeding. The values for total solids, fat, lactose, solids-not-fat and gross energy contents in milk differed significantly (p<0.05) among the different groups and were significantly (p<0.05) higher in milk of cows fed LUDP+HP diet followed by HUDP+HP diet. Total solids (14.65 and 13.83%), lactose (5.44 and 4.92%), solids-not-fat (9.44 and 8.83%) and gross energy (887 and 838 kcal/kg) of milk decreased significantly (p<0.05) with increased UDP level while total solids (13.84 and 14.64), fat (4.84 and 5.36%) and gross energy (832 and 894 kcal/kg) increased significantly (p<0.05) with increase in plane of feeding. Gross and net energetic efficiencies and also gross and net efficiencies of nitrogen utilization for milk production were not significantly different among different groups and also were not affected significantly due to either UDP levels or plane of feeding. Results of the present study suggest that, increasing UDP level from 41% to 48% of CP in concentrate mixture and also increasing plane of feeding from normal (100%) to 115% of NRC requirements maintain a consistently higher milk production.