• Title/Summary/Keyword: market scheme

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Problems Encountered in Analyzing the Market Size, Purchase, and Consumption of HMR in the Republic of Korea (국내 가정간편식의 시장 규모, 구매 및 섭취 실태 분석의 문제점)

  • Sung Ok, Kwon;Injoo, Choi;Yoojeong, Joo;Jihyun, Yoon
    • Korean Journal of Community Nutrition
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    • v.27 no.6
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    • pp.480-491
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    • 2022
  • Objectives: This study examined the problems encountered when analyzing the market size, purchase, and consumption of HMR (home meal replacements) in the Republic of Korea. Methods: The macro data relevant to the market size and purchase status of HMR were critically summarized. The micro data retrieved from the 2019 & 2020 Korea National Health and Nutrition Examination Survey (KNHANES) were analyzed to understand the consumption of HMR. Results: The Korea Agro-Fisheries & Food Trade Corporation and the Ministry of Food and Drug Administration reported the market size of HMR, whereas the Korean Rural Economic Institute and the Rural Development Administration reported the purchase expense and frequencies of HMR. Since the values on the market size and purchase status were calculated or surveyed using different scopes of HMR, there have been reliability issues for the data presented. Additionally, lack of consensus on the use of Korean terms corresponding to HMR was found to be a problem. To examine the consumption of HMR, analysis of the food intake data from KNHANES presented results with very low validity due to the inappropriate survey and coding scheme not reflecting the inclusion of new food types. Conclusions: Several problematic discrepancies were encountered in the statistics on HMR. The fundamental cause of these problems was the absence of agreement on the scope of HMR and the Korean terms corresponding to it. Considering the increasing importance of HMR in Korean diets, urgent cooperative efforts are required between the government and academia to derive an agreed Korean term and establish the scope of HMR.

Design Assessment and Certification Scheme of Tidal Energy Converters (조류발전설비 설계 평가 및 인증시스템)

  • Kim, Mikum;Kim, Manneung
    • 한국신재생에너지학회:학술대회논문집
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    • 2010.06a
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    • pp.238.1-238.1
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    • 2010
  • Researches and developments of tidal energy converters are close to commercialization stage. But, commercialization of tidal energy converters is not ready in korea. In Europe, many experts of company, laboratory and public institution involved in marine energy are active for commercialization of marine energy converters in European Marine Energy Centre. Furthermore, in IEC/TC114, standardization of technical standards for assessment and certification of tidal energy converters of each country is under discussion. Therefore, We have to prepare for commercialization, standardization and entry into the overseas market. In this study, trends of commercialization and standardization of international markets of marine energy converters are investigated and certification schemes of overseas are analyzed. We expect that this study will make contribution to establish the foundation of commercialization of tidal energy converters.

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VALUATION FUNCTIONALS AND STATIC NO ARBITRAGE OPTION PRICING FORMULAS

  • Jeon, In-Tae;Park, Cheol-Ung
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.14 no.4
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    • pp.249-273
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    • 2010
  • Often in practice, the implied volatility of an option is calculated to find the option price tomorrow or the prices of, nearby' options. To show that one does not need to adhere to the Black- Scholes formula in this scheme, Figlewski has provided a new pricing formula and has shown that his, alternating passive model' performs as well as the Black-Scholes formula [8]. The Figlewski model was modified by Henderson et al. so that the formula would have no static arbitrage [10]. In this paper, we show how to construct a huge class of such static no arbitrage pricing functions, making use of distortions, coherent risk measures and the pricing theory in incomplete markets by Carr et al. [4]. Through this construction, we provide a more elaborate static no arbitrage pricing formula than Black-Sholes in the above scheme. Moreover, using our pricing formula, we find a volatility curve which fits with striking accuracy the synthetic data used by Henderson et al. [10].

Idle Mode for Deep Power Save in IEEE 802.11 WLANs

  • Jin, Sung-Geun;Han, Kwang-Hun;Choi, Sung-Hyun
    • Journal of Communications and Networks
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    • v.12 no.5
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    • pp.480-491
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    • 2010
  • Along with the wide acceptance of IEEE 802.11 wireless local area network (WLAN), new applications such as Internet protocol (IP) telephony over WLAN are fast emerging today. For battery-powered IP phone devices, the life time extension is a key concern for the market acceptance while today's 802.11 is not optimized for snch an operation. In this paper, we propose a novel idle mode operation, which comprises paging, idle handoff, and delayed handoff. Under the idle mode operation, a mobile host(MH) without any active session does not need to perform handoff within a predefined paging area (PA). Only when it enters a new PA, an idle handoff is performed. The proposed idle mode allows an MH without traffic to extend its life time. We develop a new analytical model in order to comparatively evaluate our proposed scheme. The numerical resnlts demonstrate that the proposed scheme outperforms the existing schemes with respect to power consumption.

A Study on the Development of Human Resources for International Competition Power to Software Industry in Korea (한국 소프트웨어 산업의 수출 경쟁력 제고를 위한 인력양성 방안에 관한 연구)

  • Lee, Ho-Gun;Kim, Hee-Jun
    • International Commerce and Information Review
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    • v.4 no.2
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    • pp.233-252
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    • 2002
  • This thesis is designed to draw up scheme for human resources development of the Korean software industry. Its concrete scheme is as follows. That is, IT professionals with international competitiveness should be cultivated, and a human resource development system, which can flexibly meet the market demands, has to be built. Pool of specialized programmers is necessary condition for achieving competitiveness in Korean software industry. Reeducation is also desirable to embody the agile productive capability into the existing human resources for new challenges in the industry. Well-organized human resources database will also make it easy to match new demand and to lower the transaction cost in switching jobs. To cope with the rapidly changing environment actively, human resource development and training system improvement through the cooperation with the concerned industries, universities, research centers and the government must be settled immediately.

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The Korea Greenhouse Gas Emission Trading Scheme for a Pilot Project in the Power Sector (발전부문 온실가스 배출권 거래제 시범사업을 위한 시장운영절차서(안) 개발)

  • Park, Jong-Bae;Kim, Bal-Ho;Shin, Joong-Rin;Goh, Do-Hyun
    • Proceedings of the KIEE Conference
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    • 2004.11b
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    • pp.266-268
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    • 2004
  • This paper presents the greenhouse gas emission trading scheme which is under progress as a pilot project at the power sector in preparation for UNFCCC. By referring UK's, Emission Trading is introduced incentive auction to maximize the reduction of greenhouse gas emission. At the 1st step, from year 2006 to 2008, only CO2 is regarded as an objective target to decrease but emission credit is excluded with an assumption and only 5 Generation company take part in as participants. The market operating procedure is composed of participants' registration, baseline verification, incentive auction, the registration of initial and yearly allocation, emission trading, yearly emission verification & approval, yearly obligation conformity, carry forward & incentive grant. It can be serve a guideline the whole aspects of emission trading which will start in 2006 including operation, verification and profit sharing.

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NEW MOVEMENT OF PROVINCIAL UNIVERSITIES UNDER THE CONCEPT OF REGIONAL DEVELOPMENT SCHEME IN CHINA

  • Chen GUO;Shunji KUSAYANAGI
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.947-951
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    • 2005
  • This paper studies the economic development situation of eastern, central, and western regions in China, and the functions of Chinese universities, which include education, research and contribution to the society. A new Chinese innovation system has been emerging in forms of university-run enterprise. The commitment of Chinese government to further introduction of a market economy has been elaborated with a focus on the relations between university and industry. A new regional development scheme by using of the functions of university is considered as the effective strategy to promote economic development of China in this stage.

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A COMPARISON STUDY OF EXPLICIT AND IMPLICIT NUMERICAL METHODS FOR THE EQUITY-LINKED SECURITIES

  • YOO, MINHYUN;JEONG, DARAE;SEO, SEUNGSUK;KIM, JUNSEOK
    • Honam Mathematical Journal
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    • v.37 no.4
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    • pp.441-455
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    • 2015
  • In this paper, we perform a comparison study of explicit and implicit numerical methods for the equity-linked securities (ELS). The option prices of the two-asset ELS are typically computed using an implicit finite diffrence method because an explicit finite diffrence scheme has a restriction for time steps. Nowadays, the three-asset ELS is getting popularity in the real world financial market. In practical applications of the finite diffrence methods in computational finance, we typically use relatively large space steps and small time steps. Therefore, we can use an accurate and effient explicit finite diffrence method because the implementation is simple and the computation is fast. The computational results demonstrate that if we use a large space step, then the explicit scheme is better than the implicit one. On the other hand, if the space step size is small, then the implicit scheme is more effient than the explicit one.

Optimal Dual Pricing and Passenger Safety Level for Cruise Revenue Management

  • Cho, Seong-Cheol;Zhang, Mengfei
    • Journal of Navigation and Port Research
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    • v.41 no.2
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    • pp.63-70
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    • 2017
  • Despite the remarkable continual growth of the world cruise industry, studies have yet to be attempted on many revenue management problems in cruise operations. This paper suggests two schemes that can be easily applied to cruise revenue management: optimal dual pricing and passenger safety level. In optimal dual pricing, a pair of higher and lower prices is applied to cabin reservation through market segmentation. This scheme can be executed with a linear price-response function for the current unreserved cabins. A cruise line could benefit from this scheme to maximize reservation revenue while attaining full occupancy. The dual pricing scheme is also devised to produce only integer demands to suit real management practices. The life boat capacity is an additional service capacity unique to the cruise industry, catering to passengers' safety. The concept of passenger safety level is defined and computed for any passenger life boat capacity of a cruise ship. It can be used to evaluate the passenger safety of a cruise ship in operation, as well as to determine the number of life boat seats required for a new cruise ship. Hypothetical examples are used to illustrate the operation of these two schemes.

Decentralized Vehicle-to-Grid Design for Frequency Regulation within Price-based Operation

  • Kim, Seung Wan;Jin, Young Gyu;Song, Yong Hyun;Yoon, Yong Tae
    • Journal of Electrical Engineering and Technology
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    • v.10 no.3
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    • pp.1335-1341
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    • 2015
  • The utilization of electric vehicles has been suggested to support the frequency regulation of power system. Assuming that an intermediate aggregator exists, this study suggests a decentralized vehicle-to-grid operation scheme in which each vehicle-to-grid aggregator can behave independently of the power system operator. To implement this type of decentralized operation, this study adopts a price-based operation that has been proposed by many researches as an alternative operation scheme for the power system. In this environment, each vehicle-to-grid aggregator can determine its participation in vehicle-to-grid service in consideration of its residual energy of aggregated system and real-time market price. Consequently, the main purpose of this study is to verify whether or not the vehicle-to-grid power can effectively support the current frequency regulation function within the price-based operation scheme. Specifically, a frequency regulation method is proposed based on the real-time price signal, and a feedback controller for battery management is designed for decentralized vehicle-to-grid operation.