• Title/Summary/Keyword: premium

Search Result 669, Processing Time 0.036 seconds

Design of Premium Efficiency Level of single-Phase Induction Motor using Parameter Analysis (파라미터 해석을 통한 프리미엄급 단상 유도기 효율 설계)

  • Jang, Kwang-Yong;Kim, Kwang-Soo;Lee, Joong-Woo;Jang, Ik-Sang;Kim, Sol;Lee, Ju
    • Proceedings of the KIEE Conference
    • /
    • 2009.07a
    • /
    • pp.672_673
    • /
    • 2009
  • In this paper seeks the parameter which relates with the efficiency from premium efficiency level single-phase induction motor. Also it compares with the parameters and it analyzes and an optimum parameter it seeks by FEM. Consquently, a optimal design is accomplished from the this paper. Also parameters compare efficiency. And it analyzes and studies about optimum parameter by FEM. The sample single-phase induction motor selection selected existing premium level motor. We analyze each parameter using 2-D finite element analysis (FEM). According to Study of losses and Design flow, losses and efficiency can be explain by many parameter. So this paper present optimal parameters. Finally, this paper presents the method which raises the efficiency of premium efficiency level single-phase induction motor.

  • PDF

Optimal Reporting Stategy of an Insured -Dynamic Programming Approach-

  • Min, Jae-Hyung
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.15 no.1
    • /
    • pp.83-97
    • /
    • 1990
  • We consider an insured who wishes to determine his optimal reporting strategy over a given planning horizon, when he has option of reporting of not reporting his at-fault accidents. Assuming that the premium in future period is continually adjusted by the insured's loss experience, the insured would not report every loss incurred. Rather, considering the benefits and costs of each decision, the insured may want to seek a way of optimizing his interests over the planning horizon. The situation is modeled as a dynamic programming problem. We consider an insured's discounted expected cost minimization problem, where the premium increase in future period is affected by the size of the current claim. More specifically, we examine two cases ; (1) the premium increase in the next is a linear function (a constant fraction) of the current claim size; (2) the premium increase in the next period is a concave function of the current claim size. In each case, we derive the insured's optimal reporting strategy.

  • PDF

A Study on the Implementation of the Premium Service in SSP (서비스 교환기에서의 정보료수납대행 서비스 구현에 관한 연구)

  • Hong, Seon-Mi;Kim, Ki-Ryeung;Kim, Tae-Il;Lee, Hyeong-Ho;Kim, Young-Si
    • Proceedings of the KIEE Conference
    • /
    • 1993.07a
    • /
    • pp.473-475
    • /
    • 1993
  • Premium Service is the next service to be developed after the Freephone Service and Credit Call Service which has currently been developed and is being now tested. Premium Service is a service which provide information on a telephone line. The calls are charged with a special rate which includes service and call charge. Public telecommunication operator performs charging and accounting from the service user for the service provider and for every service provided subtracts the commission from the part of service revenue and gives the rest back to the service provider. This paper is about the study on the implementation of the Premium Service in the Service Switching Point.

  • PDF

International Trade and Directed Technical Change in Developing Countries

  • KIM, MINHO
    • KDI Journal of Economic Policy
    • /
    • v.41 no.3
    • /
    • pp.77-96
    • /
    • 2019
  • This paper examines the relation between the skill premium and international trade given differences in the relative supply of skills across countries while allowing the South (developing countries) to develop its appropriate technology. Typical assumptions put forward in the literature state that either technology is exogenously given, or technical change is allowed only in the North (developed countries). I present a model of international trade with endogenous growth by allowing the South to direct its technology. The results show that more R&D is directed towards skill-augmenting technology in the North than in the South, in sectors with the same skill-intensity. Technical change induced by lowering trade costs can increase the skill premium in both the North and the South. This result can explain the empirical observation that the skill premium has increased within many developing countries after they experienced trade liberalization. Finally, the model predicts larger gains from trade compared with the model where technical change is either not allowed, or allowed only in the North.

A Study on the Determination of the Risk-Loaded Premium using Risk Measures in the Credibility Theory (신뢰도이론에서 위험측도를 이용한 할증보험료 결정에 대한 고찰)

  • Kim, Hyun Tae;Jeon, Yongho
    • The Korean Journal of Applied Statistics
    • /
    • v.27 no.1
    • /
    • pp.71-87
    • /
    • 2014
  • The Bayes premium or the net premium in the credibility theory does not reflect the underlying tail risk. In this study we examine how the tail risk measures can be utilized in determining the risk premium. First, we show that the risk measures can not only provide the proper risk loading, but also allow the insurer to avoid the wrong decision made with the Bayesian premium alone. Second, it is illustrated that the rank of the tail thickness among different conditional loss distributions does not preserve for the corresponding predictive distributions, even if they share the identical prior variable. The implication of this result is that the risk loading for a contract should be based on the risk measure of the predictive loss distribution not the conditional one.

Effect of Frozen Storage Temperature on the Quality of Premium Ice Cream

  • Park, Sung Hee;Jo, Yeon-Ji;Chun, Ji-Yeon;Hong, Geun-Pyo;Davaatseren, Munkhtugs;Choi, Mi-Jung
    • Food Science of Animal Resources
    • /
    • v.35 no.6
    • /
    • pp.793-799
    • /
    • 2015
  • The market sales of premium ice cream have paralleled the growth in consumer desire for rich flavor and taste. Storage temperature is a major consideration in preserving the quality attributes of premium ice cream products for both the manufacturer and retailers during prolonged storage. We investigated the effect of storage temperature (−18℃, −30℃, −50℃, and −70℃) and storage times, up to 52 wk, on the quality attributes of premium ice cream. Quality attributes tested included ice crystal size, air cell size, melting resistance, and color. Ice crystal size increased from 40.3 µm to 100.1 µm after 52 wk of storage at −18℃. When ice cream samples were stored at −50℃ or −70℃, ice crystal size slightly increased from 40.3 µm to 57-58 µm. Initial air cell size increased from 37.1 µm to 87.7 µm after storage at −18℃ for 52 wk. However, for storage temperatures of −50℃ and −70℃, air cell size increased only slightly from 37.1 µm to 46-47 µm. Low storage temperature (−50℃ and −70℃) resulted in better melt resistance and minimized color changes in comparison to high temperature storage (−18℃ and −30℃). In our study, quality changes in premium ice cream were gradually minimized according to decrease in storage temperature up to−50℃. No significant beneficial effect of −70℃ storage was found in quality attributes. In the scope of our experiment, we recommend a storage temperature of −50℃ to preserve the quality attributes of premium ice cream.

Analysis of Space Cognition and Use Characteristics on Premium Outlet Shopping Mall -Focused on Exploratory Factor Analysis on Visitor's Behavior- (프리미엄 아웃렛 쇼핑몰의 공간지각 및 이용 특성분석 -방문자의 탐색적 요인분석을 중심으로-)

  • Park, Tae-Won;Lee, Deok-Jo;Park, Seung-Kyoo
    • The Journal of the Korea Contents Association
    • /
    • v.12 no.6
    • /
    • pp.486-496
    • /
    • 2012
  • In recent years, the retail industry has been undergoing major shifts. Outlet malls are an important part of the new retail landscape. This paper seeks to increase the understanding of the shopping experiences of visitors to a Premium outlet shopping mall in Shinsagae Chelsea Premium Outlet at Paju City, Gyeongi-do. This paper analyze the Element of the premium outlet across demographics. It explores seven critical factors which significantly influence customers' perceptions of premium outlet. Findings are base on a mall intercept survey with 292 respondents across a range of demographics. The summary of 7 factor is classified as the visual, location, Shopping support, human traces, mood, transit expedience, and tenant. The main implication of these findings is that factory outlet stores are perceived favourably and that they need to build more positive marketing strategies accordingly.

Information Risk and Equity Premium (정보위험과 주식수익률 프리미엄)

  • Park, Jong-Won;Yeoh, Hwan-Young
    • The Korean Journal of Financial Management
    • /
    • v.27 no.1
    • /
    • pp.209-237
    • /
    • 2010
  • This paper examines the relationship between information risk and equity premium in the Korean stock market. We use accruals quality as a proxy of information risk. Accruals quality (AQ) is estimated by Dechow and Dichev (2002) model, and then AQfactor is constructed based on the estimated AQ. Time-series and cross-sectional regression models are used to examine the relationship between information risk and equity premium, reflecting the critics of Core et al. (2008). The result of the paper shows that information risk proxied by accruals quality is not priced in equity premium in the Korean stock market. This result is consistent with Core et al. (2008) for US firms, but different with Francis et al. (2005) for US firms and Gray et al. (2008) for Australia firms. Also, the result shows that AQfactor is closely correlated with firm characteristic variables such as firm size. This implies that the effect of AQ on equity premium is more likely to arise from the pricing error due to firm characteristics rather than from an unknown risk factor.

  • PDF

An application of contractor′s risk to the premium rate of CAR (건설공사보험요율 합리화를 위한 수급자위험도 적용방안)

  • Lee Hwa Young;Kim Yang Taek;Koo Kyo Jin;Hyun Chang Taek
    • Korean Journal of Construction Engineering and Management
    • /
    • v.4 no.1 s.13
    • /
    • pp.122-130
    • /
    • 2003
  • Nowadays, as construction projects become bigger, the probability of construction accidents is higher than any other day. When construction accidents break out, we may suffer from the loss of life and property. For preventing these damages, there is lawed that some public constructions have to insure Contractor's all risks insurance policy (CAR), However, CAR is used to preventing the insured from the loss of construction accidents, it is debated that the premium rate of CAR is not fair to the insured (contractors) The objects of this thesis are as follows Firstly, the fairness of the premium rate of CAR is reviewed, and then the amount of risk of the insured evaluates and applies to the premium rate. Secondly, the development direction of components for evaluating the amount of risk of the insured is presented in the research. Lastly, how to use the team which assesses the risk of the insured and construction works is proposed for deciding reasonably the premium rate of CAR

The Sources of Firm Size-Wage Premium (기업규모 간 임금격차 원인 분석)

  • Song, Sang Yoon
    • Journal of Labour Economics
    • /
    • v.41 no.4
    • /
    • pp.63-105
    • /
    • 2018
  • This paper analyzes the effects of three factors on the firm-size wage premium which have not been considered in previous studies: the worker compositions within firms, the wage differentials between contractors and subcontractors, and the performance pay and rent-sharing behaviors of firms. The main results are as follows. First, even after controlling for the various worker characteristics, the differences in shares of highly educated workers, managers, and professionals between large and small firms make the size-wage premium larger. Secondly, wage differentials between contractors and subcontractors also affect the size-wage premium in the manufacturing sector. Thirdly, high performance pay and active rent-sharing behaviors of large manufacturing firms make the size-wage premium larger. These results imply that a positive matching effect among skilled workers, a structural problem between contractors and subcontractors, and differences in rent-sharing behaviors between large and small firms have affected the firm-size wage premium in the South Korean labor market.

  • PDF