• Title/Summary/Keyword: operation strategy

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Doing Business in India: The Lotte Mart Case

  • Kim, Yong June;Lee, Joon Hwan
    • Asia Marketing Journal
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    • v.11 no.2
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    • pp.21-35
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    • 2009
  • In December 5, 2006, "The Economic Times", India's the most famous economy daily newspaper, reported Korea Lotte Mart is planning to enter into India's market. Lotte group, marking number 7th in Korea's list of conglomerates, established VRIC(Vietnam, Russia, India, China)'s strategy. This strategy is targeted to enter into emerging markets such as Vietnam, Russia, India, China and etc. As of 2007, Lotte Group aggressively is placing its subsidiaries such as Lotte Department Store in Russia and China, Lotte Mart in Vietnam and China and Lotte Confectionery in China and India, into emerging markets. From this case, Based on the assumption of Lotte Mart's India market entry scenario, this study considers various decision-making factors such as market attractiveness evaluation, timing of entry, entry mode, location, scale, positioning, operation strategy, and others, while developing an overseas market entry strategy. This case study also provides India's distribution market environment that Korean companies can utilize when entering into the Indian market in the near future.

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Local-Generator-Based Virtual Power Plant Operation Algorithm Considering Operation Time

  • Park, Sung-Won;Park, Yong-Gi;Son, Sung-Yong
    • Journal of Electrical Engineering and Technology
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    • v.12 no.6
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    • pp.2127-2137
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    • 2017
  • A virtual power plant (VPP) is a system that virtually integrates power resources based on the VPP participating customer (VPC) unit and operates as a power plant. When VPP operators manage resources to maximize their benefits, load reduction instructions may focus on more responsive VPCs, or those producing high profitability, by using VPC resources with high operation efficiency. VPCs may thus encounter imbalance problems during operation. This imbalance in operation time would bring more participation for some VPCs, causing potential degradation of their resources. Such an operation strategy would be not preferable for VPP operators in managing the relationship with VPCs. This issue impedes both continual VPC participation and economical and reliable VPP operation in the long term. An operation algorithm is therefore proposed that considers the operation time of VPC generators for mandatory reduction of power resource consumption. The algorithm is based on constraints of daily and annual operation times when VPP operators of local generators perform capacity-market power transactions. The algorithm maximizes the operator benefit through VPP operations. The algorithm implements a penalty parameter for imbalances in operation times spent by VPC generators in fulfilling their obligations. An evaluation was conducted on VPP operational effects by applying the algorithm to the Korean power market.

The Effect of Business Strategies and Competitive Environments on the Configuration of e-Biz Integration Policy Determinants (전략방향과 경쟁적 환경이 비즈니스 통합정책 결정요인 구성에 미치는 영향 분석)

  • Kim, Chulsoo;Han, Bong-Ho;Han, Bokwoo
    • Journal of Information Technology Services
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    • v.11 no.3
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    • pp.67-87
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    • 2012
  • These days, firms are focusing on the improvement of relationships with business partners. The supply chain integrations are taking critical role in improving the relationships with business partners. In accordance with the development of the IT technology, it became possible for firms not only to integrate inner parts of the organization, but also to integrate the company with other organizations in the supply chain, which is open system. Therefore, in e-Biz environments, it is imperative for firms to strengthen the core capacity through the supply chain integration, and to precisely determine the components of the determinants of e-Business integration which impact the firm performance. This study analyzed determinants that have impacts on business integration in IT capacity perspectives in competetive environments. We analyzed 163 domestic companies to find out many significant suggestive points. First, IT management capacity, process innovation capacity are adopted as determinants of differentiation and competetive edges against competing firms. Second, it is analyzed that the more the companies are in intensified competetive environment, the more likley that the innovation capacity and partner management capacity become the determinants of the business integration of the companies and that they pursue new market development strategy. Third, it is analyzed that the more the companies are in high demand fluctuation, the more likley that the innovation capacity becomes the determinants of the business integration of the companies, and that they pursue new market development strategy and operation efficiency strategy. Last, it is analyzed that the more the companies are Technology dependent, the more likely that IT management capacity and process innovation capacity become the determinants of business integration, and that they pursue new market development strategy and operation efficiency strategy. These results provide us the foundation that the determinants that we have analyzed can impact the supply chain integration strategies which take into account the competetive environments.

A Study on the Effects of Management Strategy, Collaboration Process and SCM Integration on Corporate Performance in Small and Midsize Parts Manufacturers (중소부품제조업체의 경영전략, 협업프로세스 및 SCM통합이 기업성과에 미치는 영향에 관한 연구)

  • Lee, Seol-Bin;Park, Ju-Gyeong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.7
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    • pp.448-466
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    • 2019
  • Today, companies are increasingly focused on SCM (Supply Chain Management) as a means for cost-cutting and efficient operation. The company's ultimate objective is to win and maintain a sustained dominant position in the uncertainties of the global environment and future competitiveness. In this respect, this study examined the effects of management strategy, collaboration process and SCM integration on corporate performance in small and midsize parts manufacturers. The results of empirical analysis are summarized as follows. Management strategy, collaboration process and SCM integration had positive effects on corporate performance in domestic small and midsize parts manufacturers, and all hypotheses were supported. Consequently, it can be confirmed that quality, cost and flexibility for management strategy, and strategic objective perception, support policy, problem solution and knowledge information sharing for delivery and collaboration as small and midsize parts manufacturers are mechanisms for improving quality reliability, decreasing cost, delivery obedience and information system operation of SCM integration, and boosting corporate quantitative and qualitative performance.

Specific Light Uptake Rate Can be Served as a Scale-Up Parameter in Photobioreactor Operations

  • Lee, Ho-Sang;Kim, Z-Hun;Jung, Sung-Eun;Kim, Jeong-Dong;Lee, Choul-Gyun
    • Journal of Microbiology and Biotechnology
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    • v.16 no.12
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    • pp.1890-1896
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    • 2006
  • Lumostatic operation for cultivation of Haematococcus pluvialis was assessed to test the scale-up strategy of photobioreactors. Lumostatic operation is a method of maintaining a proper light condition based on the specific light uptake rate ($q_e$), by cells. Lumostatic operations were performed in 0.4-, 2-, 10-, and 30-1 scale bubble column photobioreactors and the results were compared with cultures illuminated with constant light intensity. Significant differences were observed in the maximal cell concentrations obtained from 0.4-, 2-, 10-, and 30-1 scale photobioreactors under constant light intensity, yielding the maximal cell concentrations of $2.8{\times}10^5$, $2.2\times10^5$, $1.5\times10^5$, and $1.1\times10^5$ cells/ml, respectively. The maximal cell concentration in a 0.4-1 photobioreactor under lumostatic operation was $4.3\times10^5$ cells/ml. Furthermore, those in 2-, 10-, and 30-1 scale photobioreactors were about the same as that in the 0.4-1 photobioreactor. The results suggest that lumostatic operation with proper $q_e$ is a good strategy for increasing the cell growth of Haematococcus pluvialis compared with a constant supply of light energy. Therefore, lumostatic operation is not only an efficient way to achieve high cell density cultures with minimal power consumption in microalgal cultures but it is also a perfect parameter for the scale-up of photobioreactors.

A study for flood control method of Sumjingang Dam considering dam operation constraints (댐 운영 제약사항을 고려한 섬진강댐 홍수조절방식에 관한 연구)

  • Lee, Yongtaek;Jung, Kwansue
    • Journal of Korea Water Resources Association
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    • v.57 no.4
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    • pp.249-261
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    • 2024
  • Climate change has intensified the severity of extreme floods, presenting substantial challenges to dam management and operation. Traditionally, flood control strategies for dam operations have been based on theoretical scenarios, such as designed floods, without taking into account downstream conditions. However, in practice, managing floods involves operating dams based on climate forecasts. This strategy encounters challenges due to the limited predictability of climate forecasts, which in turn leads to uncertainty in decisionmaking among dam managers. This study proposes a flood control approach for dam operations that involves gradually increasing the outflow, considering the operational constraints and potential downstream damage, based on inflow data. The effectiveness of this method was assessed through simulation, employing both a designed flood and data from the most significant historical flood. The dam operation strategy for flood control presented in this study provides a framework for dam operators, facilitating consistent decisionmaking in flood management by integrating realistic dam operational conditions.

A Study on the Characteristics of Combustion according to Injection Strategy in DISI Engine (직접분사식 가솔린엔진의 분사 비율에 따른 연소특성에 관한 연구)

  • In, Byung-Deok;Park, Sang-Ki;Lee, Ki-Hyung
    • Transactions of the Korean Society of Automotive Engineers
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    • v.20 no.1
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    • pp.68-76
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    • 2012
  • Recently, the important issues of gasoline engine are to reduce the fuel consumption and emission. Thus, many researchers are studying the technology to solve these problems. One approach of these issues is to achieve homogeneous charge combustion and stratified change combustion with various injection strategy. In this study, the combustion characteristics of DISI engine accrding to injection strategy were examined. The effect of injection timing on lean limit A/F were investigated using dual DISI single cylinder. The results show that the engine operation region of dual DISI type engine is larger than that of PFI and DISI type engine cases. Especially, late injection is very effective to extend the operation region more than any other injection timings. In addition, the results show that when the DISI injection ratio is increase, leam limit A/F is improved. It means that the dual injection system car meet with emission regulations and reduce the fuel consumption. Also, combustion pressure of dual injection system is much higher than PFI and DISI injection.

An Integrated Database of Engineering Documents and CAD/CAE Information for the Support of Bridge Maintenance (교량 유지관리 지원을 위한 CAD/CAE 정보와 엔지니어링 문서정보의 통합 데이터베이스)

  • Jeong Y.S.;Kim B.G.;Lee S.H.
    • Korean Journal of Computational Design and Engineering
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    • v.11 no.3
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    • pp.183-196
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    • 2006
  • A new operation strategy. which can guarantee the data consistency of engineering information among the various intelligent information systems, is presented for engineering information of bridges, and construction methodology of integrated database is developed to support the strategy. The two core standard techniques are adopted to construct the integrated database. One is the Standard for the Exchange of Product Model Data (STEP) for CAD/CAE information and the other is the Extensible Markup Language(XML) for engineering document information. The former enabler structural engineers to handle the structural details with three-dimensional geometry-based information of bridges, and ACIS solid modeling kernel is employed to develop AutoCAD based application modules. The latter can make document files into data type for web-based application modules which assist end-users to search and retrieve engineering document data. In addition, relaying algorithm is developed to integrate the two different information, e.g. CAD/CAE information and engineering document information. The pilot application modules are also developed, and a case study subjected to the Han-Nam bridge is presented at the end of the paper to illustrate the use of the developed application modules.

Performance Evaluation and Optimal Operation Strategy of OpenDaylight Controller Cluster (오픈데이라이트 컨트롤러 클러스터 성능 분석 및 최적 운영 방안)

  • Kim, Taehong;Suh, Dongeun;Pack, Sangheon;Kim, Myung-Sup;Lim, Chang-Gyu;Park, Soomyung
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.41 no.12
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    • pp.1801-1810
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    • 2016
  • The OpenDaylight controller has been receiving significant attention as one of the enabling open source framework for SDN, and this paper analyzes the architecture and procedure of OpenDaylight based controller cluster. The OpenDaylight controller cluster uses shard based distributed datastore and Raft algorithm to maintain consistency among controllers inside a cluster. The performance evaluation analyzes the leader re-election time as well as latencies of CRUD and Routed RPC according to cluster size, shard role, and sharding strategy, and we discuss the optimal operation strategy for OpenDaylight controller cluster.

A Novel Modulation Strategy Based on Level-Shifted PWM for Fault Tolerant Control of Cascaded Multilevel Inverters (Cascaded 멀티레벨 인버터의 고장 허용 제어를 위한 Level-Shifted PWM 기반의 새로운 변조 기법)

  • Kim, Seok-Min;Lee, June-Seok;Lee, Kyo-Beum
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.5
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    • pp.718-725
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    • 2015
  • This paper proposes a novel level-shifted PWM (LS-PWM) strategy for fault tolerant cascaded multilevel inverter. Most proposed fault-tolerant operation methods in many of studies are based on a phase-shifted PWM (PS-PWM) method. To apply these methods to multilevel inverter systems using LS-PWM, two additional steps will be implemented. During the occurrence of a single-inverter-cell fault, the carrier bands scheme is reconfigured and modulation levels of inverter cells are reassigned in this proposed fault-tolerant operation. The proposed strategy performs balanced three-phase line-to-line voltages and line currents when a switching device fault occurs in a cascaded multilevel inverter using LS-PWM. Simulation and experimental results are included in the paper to verify the proposed method.