• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
• /
• v.4B no.2
• /
• pp.73-79
• /
• 2004

For the global microwave market, high RF power or deluxe model is applying for inverter gradually. In this paper, 120[V]/1200[W] high power inverter is proposed and verified by an optimized design of PFM type. Especially the steady power output control was fulfilling at ＋/－ 10[％] input voltage variation.

• The Journal of Fisheries Business Administration
• /
• v.41 no.3
• /
• pp.79-102
• /
• 2010

Abalone is a primary commodity that is almost traded as live fishes. So the application of 'addition' is common in local transaction of abalone. Nevertheless, an excessive application of addition leads to some social problems. The abalone industry is one of the most rapidly growing industry in fisheries. This growth is caused by propagation of sea cage and mechanization of feeding. As a result, the abalone distributers are increased. However, the distributers have great bargaining power, so they sometimes claim excessive addition rates to aquacultural abalone producers. Difference in fitted level of the addition rates between distributers and producers cause some problems as an aversion to shipping of abalone. Also, the words about addition have not clear definition yet. So many related terminologies, for example, addition, deviation, and loss, those have different meaning are in used. And unfortunately many industry insiders use the words, 'addition', mixed with other related terminologies on transaction. The main objective of this study is to clearly define addition's meaning on the abalone transaction and to analyze the correlations between the addition and the abalone prices, outputs, and exports. Analysis results show addition negatively affects abalone prices and outputs. Furthermore, addition contributes to abalone exports negatively contrary to expectation. Such results can provide information that 'stabilization of supply and price of abalone' is realistically better method than 'increasing of additional rates' to expand abalone exports. Negative correlations between variables tell that a dictionary definition of addition, a free as seller's benevolence, is divorced from reality of abalone industry. Therefore "Loss", that means preservation in unintentional loss of abalone objects, is more suitable than "Addition" on abalone transaction.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.8
• /
• pp.103-115
• /
• 2021

This study investigates the relationship between family ownership and the stock price crash risk. It believes that this relationship would never be in direct connection. The authors design and then find that family ownership is predisposed, in the first place, to the related party transaction, then the related party transaction causes the future stock price crash. This study infers that employing the power of family ownership creates the Type I agency problem, although this is not relevant for the Type II problem. From the perspective of the hoarding theory, family ownerships produce opaque accounts by blurring financial information. The blurred information is probably hidden in the related party transactions. This study, therefore, splits these transactions into accounts receivable, other accounts receivable and other receivables. Finally, this research concludes that the family ownership affects related party transactions. These then are used as an instrument to influence the leaded related party transaction. The latest, leaded related party transactions influence the future stock price crash. This study infers that related party transactions are abusive practices, especially on the types of receivables. It implies corporate governance's revitalisation.

• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
• /
• v.4B no.4
• /
• pp.170-179
• /
• 2004

The paper presents technical issues which integrated sensors must address to be implemented in the next generation of power electronics and motor drives. The underlying goal of the sensor integration will be to improve reliability of power conversion systems while making the power converter and motor drive become the primary source of diagnostic signals for the application. The paper focuses on design methodologies that will allow this integration to succeed in meeting the technical demands for both reliability and for application level diagnostics.

• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
• /
• v.5B no.2
• /
• pp.97-102
• /
• 2005

Because of the limited fossil resources and the need to avoid emissions and toxic waste the future energy supply will be based on a large portion of renewable energies: wind-, solar-, biomass- and geothermal energy. Focus is on the utilization of wind energy coming from onshore- and offshore-sites. Generating electricity from wind is state of the art and feeding large amounts of wind power into the electrical grid will create some additional problems. Suggestions concerning energy storage will be made and the problem of power quality is discussed.

• The KIPS Transactions:PartD
• /
• v.11D no.4
• /
• pp.783-798
• /
• 2004

An e-business client application in ubiquitous mobile computing environment may become disconnected from the enterprise server due to broken communication connections caused by the limitation of mobile computing environments(limited battery life of the mobile device, low bandwidth communication, incomplete wireless communication infrastructure, etc). It Is even Possible that mobile client application Intentionally operates in disconnected mode to reduce communication cost and the power consumption of the mobile device. We use “data hoarding” as a means of providing local autonomy to allow transactions to be processed and committed on the mobile host despite of disconnection. The key problem to this approach is the synchronization problem that serialize potentially conflicting updates from disconnected clients on master objects of the server database. In this paper, we present a new transaction synchronizing method that splits a transaction into a set of independent component transactions and give the synchronization priority on each component taking the possibility of use and conflicts in the server into consideration. Synchronization is performed component by component based un synchronization priority. After the Preferred component of a no bile transaction succeeds in synchronization with the server, the mobile transaction can pre-commit at server. A pre-committed transaction's updated value is made visible at server before the final commit of the transaction. The synchronization of the component with low synchronization priority can be delayed in adaption to wireless bandwidth and computing resources. As a result, the availability of important data updated by mobile client is increased and it can maximize the utilization of the limited wireless bandwidth and computing resources.

• Journal of Distribution Science
• /
• v.13 no.11
• /
• pp.47-58
• /
• 2015

Purpose - This study aims to seek determinants of department store sales commission rates under consignment contracts based on transaction cost theory, the power-dependence view, and the resource-based view. A consignment contract is a unique contract where the retailer, over a given period, takes possession of goods owned by a supplier, promotes the sales of these goods, and receives a profit share from their sales. Under this contract, the supplier owns the goods until they are sold. In department stores in South Korea, over 70% of overall sales comes through consignment contracts. In other words, this is the most popular contract agreement between large retailers and vendors in South Korea. Consignment contracts yield high profits to department stores with minimal sales uncertainty, stock cost, and marketing investment. Many suppliers believe the consignment contract commission rates are too high. However, department stores disagree. They state that the commissions are not high as they generate new value for the suppliers by accumulating up-to-date merchandise and supporting various marketing programs on their behalf. Recently, consignment contracts have been critically examined and scrutinized by politicians, mass media, and the public of Korea. This study further intends to derive implications reflecting both buyer and seller perspectives as well as offer insights to policy makers in making appropriate decisions. Research design, data, and methodology - To verify the proposed research model and test hypotheses, the authors selected 164 suppliers, which currently have relationships with department stores. This study carefully investigated the reliability, content validity, convergent validity, and discriminant validity of the proposed model. The data were analyzed using SPSS 18.0 and AMOS structural equation modeling program Results - For the transaction cost theory and the power-dependence view, the results indicated that product diversity and demand volatility had a positive impact on the sales dependence on a department store. Dependence in turn had a positive effect on the sales commission under the consignment contract. Based on the resource-based view, the department store's marketing capability, the supplier's perception toward merchandising, and supporting activities could enhance the department store's channel leadership in the buyer-seller relationship. Subsequently, the channel leadership had a positive effect on the sales commission. However, product complexity had no relationship with department store dependence. Conclusions - This is the first empirical research that investigates the determinants of sales commissions under consignment contracts in the domestic retail industry. This study reveals several theoretical and practical implications for both marketing scholars and marketers. In terms of theoretical implication, this study integrated and enlarged certain theoretical background, such as transaction cost theory, the power-dependence view, and the resource-based view, to explain the determinants of sales commissions under consignment contracts that include sales revenue. From a business management viewpoint, this research offers useful insights for policy makers by applying two different perspectives, both the manufacturer and the retailer, in terms of the sales commission issue under a consignment contract.

• IE interfaces
• /
• v.24 no.4
• /
• pp.379-386
• /
• 2011

The importance of renewable energy technology is discussed and next generation power transmission networks, which is called the smart grid, are constructed in developed countries. However for construction and operation of the smart grid, it is required not only to develop the electrical power generation technologies and transmission equipments but also to study systematic analysis and optimization for design and operation of the smart grid. In this paper we study electrical power trade in the smart grid using operations research models and simulation methods. We also consider future electrical power exchange markets in Korea and build four scenarios and the related optimization and simulation models, which reflect electrical power transaction pricing strategies of stake-holders. We can also simulate electrical power exchange market and analyze the results of electrical power trading, which can give us some insights for future electrical power exchange market.

• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
• /
• v.4B no.2
• /
• pp.65-72
• /
• 2004

Switching power supply systems are widely used in many industrial fields. Power factor correction (PFC) circuits have a tendency to be applied in new power supply designs. The input active power factor correction (APFC) circuits can be implemented in either the two-stage approach or the single-stage approach. The two-stage approach can be classified into boost type PFC circuit and dc/dc converter. The power factor correction circuit with a boost converter used as an input power source is studied in this paper. In a boost power factor correction circuit there are two feedback control loops, which are a current feedback loop and a voltage feedback loop. In this paper, the regulation performance of output voltage and compensator to improve the transient response presented at the continuous conduction mode (CCM) of the boost PFC circuit is analyzed. The validity of designed boost PFC circuit is confirmed by MATLAB simulation and experimental results.

• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
• /
• v.3B no.2
• /
• pp.103-110
• /
• 2003

With significant development of power electronics technology, the proliferation of nonlinear loads such as static power converters has deteriorated power quality in power transmission and distribution systems. Notably, voltage harmonics resulting from current harmonics produced by the nonlinear loads have become a serious problem in many countries. Many photovoltaic power generation systems installed in building systems have harmonics that are the worst object for distribution systems as a utility interactive system, and it tends to spread out continuously. Proposed and implemented in this paper is a multi-function inverter control strategy that allows a shunt active filter function to the power inverter of the photovoltaic power generation system established on a building system. The effectiveness of the proposed system is demonstrated through the simulation of a hypothetical power system using PSCAD/EMTDC.