• Title/Summary/Keyword: long term means

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Efficiency Effects of Mergers in the Korean Pharmaceutical Industry (국내 제약산업의 합병효과 분석)

  • Lee, Cheolhaeng;Cho, Keuntae
    • Journal of the Korean Operations Research and Management Science Society
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    • v.42 no.3
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    • pp.35-49
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    • 2017
  • The main objective of this paper is to empirically analyze the efficiency effects of mergers on Korean pharmaceutical firms and suggests managerial or policy implications for managers or policy makers. This study selects non-merging control firms close to the size of merging firms, as well as a set of merging firms, and measures the effects of mergers on efficiency three years before and after the merger using the non-parametric data envelopment analysis (DEA) method. To compare the differences of efficiency means among several groups, Wilcoxon rank sum test or Wilcoxon signed rank test is used. It showed that the long-term effects after the merger appeared partially. Furthermore, it was observed that there was no difference statistically in the efficiency between merging and non-merging firms. Also, there was no difference statistically in the efficiency between the pre- and post-merger periods. In conclusion, there was not any observed synergy effect through group (or affiliated) mergers between affiliates or related mergers for Korean pharmaceutical firms.

Analyzing the Relationship between Climate Change and Anchovy Catch using a Cointegration Test (공적분 검정을 이용한 기후변화의 멸치 생산량에 대한 영향 분석)

  • EOM, Ki-Hyuk;KIM, Hong-Sik;HAN, In-Seong;KIM, Do-Hoon
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.6
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    • pp.1745-1754
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    • 2015
  • This study aimed to analyze the relationship between sea temperatures and anchovy catch of Anchovy drag net fishery using annual time series data from 1970 to 2013. In the analysis, time series data on variables (CPUE, sea surface temperature, and 10m temperature) were estimated to be non-stationary from unit root tests, but one long-term equilibrium relation among variables was found from a cointegration test. From an exclusion test, a 10m temperature would not have relations with CPUE and sea surface temperature. The result of regression analysis on sea surface temperature and anchovy catch indicated that the sea surface temperature would have positive impacts on the anchovy catch. It means that when the sea surface temperature would increase, all other things including the current level of fishing effort being equal, the catch of anchovy was predicted to increase. More specifically, the result showed that when 1% of sea surface temperature increases, CPUE would be increased by 2.81%.

Organic Solvent Exposure of Thinner-Using Occupation and Its Treatment by Means of $TiO_2$ Photocatalyst (신너사용 작업장의 유기용제 노출 및 $TiO_2$ 광촉매를 이용한 BTX처리에 관한 연구)

  • 양원호;김현용;손부순;박종안
    • Journal of environmental and Sanitary engineering
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    • v.17 no.2
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    • pp.26-33
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    • 2002
  • Ultimate objective of industrial hygiene is the prevention of health impairment that may result from exposure to chemicals at workplace. Workers in solvent thinner-using occupation environment may be highly exposed to VOCs (volatile organic compounds) because solvent thinner has been used extensively such as painting, spraying, degreasing, coating and so on in Korea. The purpose of this study was to recognize, evaluate, and propose the control methods of VOCs from solvent thinner-using workplace. Five target volatile organic compounds (benzene, toluene, ethylbenzene, o-xylene, and m-xylene) were monitored in H company of Shiwa Industrial Complex and analyzed in perosnal, occupational indoor and outdoor during working hours simultaneously. Engineering control such as local ventilation should be made in considering the long-term exposure, though measured VOCs concentration did not exceed the workplace exposure standards. In addition, air cleaning device should be installed in local ventilation because Shiwa Industrial Complex has had the serious ambient air pollution. Currently, environmental purification using $TiO_2$ photocatalyst have attracted a great deal of attention with increasing number of recent environmental problems. In this study, $TiO_2$ sol coated on the ceramic bead was prepared by sol-gel method and the photodegradation of target compounds was investigated in gas phase by the exposure to UV-A lamp(365nm) in a batch system.

Survey of Hepatitis B Surface Antigen in the Sera of Healthy Adults in Seoul and Gyunggi-Do (서울 및 경기도 지역 주민에서의 B형간염항원에 대한 조사(제 4 보))

  • Lim, Byung-Uk
    • The Journal of the Korean Society for Microbiology
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    • v.17 no.1
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    • pp.1-6
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    • 1982
  • To investigate the annual distribution of hepatitis B surface antigen(HBs Ag) in healthy adults, this study was performed by means of counter-immunoelectrophoresis with sera obtained from 4,856 healthy adults who reside in Seoul and Gyunggi-Do area from January to December, 1981. The experimental procedures were same with the previous reports. The subjectives were consisted of two groups: one is mass life group(3.853 adults) and the other, home life group(1.003 adults). The results were as follows: 1. Among the 4.856 cases tested, 326 cases(6.71%) showed HBs Ag positive. HBs Ag positive rates in the group of mass life and home life were 6.51% and 7.48%, respectively. 2. It showed slightly high positive rates in the home life and long term duration group, and upper class group showed slightly high positive rate. 3. In seasonal variation, it showed relatively high positive rate(7.38%) in winter, and A blood group showed higher rate(7.60%) than the other blood groups. And then, boundary area of Seoul city showed slightly high positive rate(7.36%) in areal distribution.

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A Case Report of Symptomatic Epilepsy (수면중 간질발작을 주소로 하는 증후성 간질 환아 증례 보고)

  • Kim, Yoon-Young;Min, Sang-Yeon;Kim, Jang-Hyun
    • The Journal of Pediatrics of Korean Medicine
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    • v.23 no.1
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    • pp.85-93
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    • 2009
  • Objectives The purpose of this study is to report a case which gave various remarkable epilepsy treatment results by using oriental medicine. Methods We treated the patient with acupuncture as a main treatment and herbal medicine. We also recommended to the patient and patient's parents to continue oriental medical treatment for 2 years from now because symptomatic epilepsy is a type of disease which needs long term care. Results The epileptic seizure has been well controlled for 12 months so far, and the results was recorded by EEG. The EEG level was in normal range. Conclusions Even though this is only one case of the study but this case has an important meaning because the epilepsy was treated by oriental medicine, especially acupuncture treatment. The control of the symptomatic epileptic seizure was effective by means of increasing patient's quality of life. Further studies about effective treatment of symptomatic epilepsy would be needed with more various cases.

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Factors Affecting Customer Information/Knowledge Quality in Customer Relationship Management : Focused on Service Industry (고객관계관리(CRM)에서 고객정보/고객지식 품질에 영향을 미치는 요인 : 서비스 산업을 중심으로)

  • Jung, Hyun-Joo;Koh, Joon;Kim, Young-Gul
    • Korean Management Science Review
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    • v.19 no.2
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    • pp.1-23
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    • 2002
  • It has been considered as a means for sustaining a competitive advantage for companies to build and maintain long-term relationships with customers. It is without any doubt that many companies have tried to initiate Customer Relationship Management (CRM). For the effective management of customer relationships, it is critical that they acquire. share and use customer information and knowledge. In this paper, we deduced 9 important factors affecting the qualify of customer information and knowledge from the literature reviews on CRM, and developed the questionnaire to measure these factors. The factors are again categorized into organizational system, employees and IT. We analyzed data collected from 30 companies in service industries such as the finance. distribution and communication industries. The result of data analysis demonstrates that the employees' analytical shills and appraisal and reward systems are closely related to the quality of customer information, and analytical skills and IT support for communications with customers are associated with the quality of customer knowledge. implications of findings and future research directions are discussed.

A Deformation Prediction of the Embankment on the Soft Clayey Foundation - A Case Study of the Sea Dike of Koheung Bay - (점성토지반에 축조한 제방의 변형추정 -고흥만 방수제 사례연구를 중심으로-)

  • 오재화;이문수
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.40 no.4
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    • pp.94-102
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    • 1998
  • This paper aims at developing the prediction technique of the deformation for the embankment such as sea dike and shore protection relevant to reclamation project along the southern coast of the Korean Peninsula. Generally total deformation of a sea dike over clayey foundation are composed of immediate settlement, plastic deformation and consolidation settlement. Plastic deformation occurs when the ultimate bearing capacity is less than overburden pressure containing the stress increment due to the construction of an embankment. The reliable prediction of total settlement is very important since deformed final geometry of sea dike is directly connected for analysing the safety of the long-term slope failure and piping. During this study, plastic deformation, major part of deformation was analysed using the program developed by authors, whereas immediate settlement and consolidation settlement were predicted by Mochinaka and Sena's method and Terzaghi's 1-dimensional theory of consolidation respectively. In order to validate the prediction technique for the deformation, a case study of Koheung Bay reclamation works was carried out. A good agreement was obtained between observation and prediction, which means the applicability of the technique.

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Empirical formulas to estimate cable tension by cable fundamental frequency

  • Ren, Wei-Xin;Chen, Gang;Hu, Wei-Hua
    • Structural Engineering and Mechanics
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    • v.20 no.3
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    • pp.363-380
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    • 2005
  • The cable tension plays an important role in the construction, assessment and long-term health monitoring of cable structures. The cable vibration equation is nonlinear if cable sag and bending stiffness are included. The engineering implementation of a vibration-based cable tension evaluation is mostly carried out by the simple taut string theory. However, the simple theory may cause unacceptable errors in many applications since the cable sag and bending stiffness are ignored. From the practical point of view, it is necessary to have empirical formulas if they are simple and yet accurate. Based on the solutions by means of energy method and fitting the exact solutions of cable vibration equations where the cable sag and bending stiffness are respectively taken into account, the empirical formulas are proposed in the paper to estimate cable tension based on the cable fundamental frequency only. The applicability of the proposed formulas is verified by comparing the results with those reported in the literatures and with the experimental results carried out on the stay cables in the laboratory. The proposed formulas are straightforward and they are convenient for practical engineers to fast estimate the cable tension by the cable fundamental frequency.

Expansion of Universal Service into Broadband and Mobile Communications : The Case of Korea (통신서비스 보편화 이슈 분석 : 초고속인터넷과 이동전화를 중심으로)

  • Lee, Jongyong;Lee, Donghee
    • Journal of Information Technology Applications and Management
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    • v.22 no.1
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    • pp.61-76
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    • 2015
  • In general universal service in telecommunications means a regulatory tool to secure the availability of basic communication services like fixed telephony at an affordable price throughout a country. A re-evaluation of the scope of existing universal service, however, is becoming a core issue as the penetration and usage of broadband and mobile communications matures and a new ICT ecosystem emerges. This study examined whether the universal service polices in Korea need adapting and updating to include broadband and mobile telephony in the universal service, which is based on the necessary and sufficient conditions derived from previous research and foreign countries' experiences : geographical ubiquity of a certain service and the market's ability to provide the service. The result shows the nationwide ubiquity of broadband and mobile communications exists but the ultimate goal pursued by universal service polices trying to make them available and affordable for all is being fulfilled by market dynamics in Korea. Thus, the inclusion of both services in the scope of universal service is regarded as an unnecessary regulation at present time and the expansion of universal service could be addressed as a long-term issue depending on market conditions in the future.

An Empirical Study about Assessment of the JIT System: on korean semi-production firm

  • Lee, Eung-Kweon
    • International Commerce and Information Review
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    • v.7 no.2
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    • pp.75-94
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    • 2005
  • This study is focused on evaluating the computer-integrated just-in-time (CI-JIT) production system of a semi-conductor manufacturing firm in Korea. Approaching the mid-1980s, the emphasis was on low price, low-cost operations, and quality, especially in USA. American companies have shifted output to low-wage countries like the Philippines, Korea, Japan, Malaysia and allied countries that can make quality products at low prices. Korea and other Asian countries forego short-term profits to gain a solid foothold in a product market, recognizing that larger market share leads to lower cost and higher profit in the long run. They bring manufacturers and suppliers together to improve material management and operation management, using project teams that investigate topics, such as Just-In-Time(JIT)manufacturing, among others. The "Kanban" word means "card" in Japanese, and is used to indicate the desired final delivery schedule. The operation for a particular item produced is scheduled for a specific time. The same process is extended to the external suppliers. More recently, the cards are gradually being replaced by electronic procedures that follow the same concept. Its capacity must be capable of handling the various transactions required by the JIT coverage as well as some allowances for expanded applications.

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