• 대한산업공학회지
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• 제25권3호
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• pp.336-341
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• 1999

The problem of jointly determining the optimum process mean and screening limits for each market is considered in situations where there are several markets with different price/cost structures. The quality characteristic is assumed to be a normal distribution with unknown mean and known variance. A quadratic loss function is utilized for developing the economic model. Methods of finding the optimum process mean and screening limits are presented and a numerical example is given.

• 대한산업공학회지
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• 제15권2호
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• pp.57-64
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• 1989

An Economic selection of specification limits is considered for a given target value in a complete inspection plan. Each item is inspected, and if it meets the specification, it is accepted. Items less than the lower specification limit are scrapped or sold at a reduced price, and those greater than the upper specification limit are reworked. Cost factors to be considered are economic loss caused by quality deviations, rework cost and scrapping cost. Methods for finding the optimal specification limits are given for the cases of piecewise linear loss function and quadratic loss function with illustrative examples.

• 품질경영학회지
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• 제28권2호
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• pp.161-175
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• 2000

The problem of jointly determining the optimum process mem and screening limits for each market is considered in situations where there are several markets with different price/cost structures. Two inspection procedures are considered; an inspection based on the quality characteristic of interest, and an inspection based on a surrogate variable which is highly correlated with the quality characteristic. The quality characteristic is assumed to be a normal distribution with unknown mean and known variance. A Taguchi's quadratic loss function is utilized for developing the economic model for determining the optimum process mean and screening limits. A numerical example is given.

• 자원ㆍ환경경제연구
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• 제30권1호
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• pp.107-128
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• 2021

우리나라 전력시장에서 한계비용 기반의 가격결정메커니즘에 관한 논의가 이루어질 때 마다 한계발전기의 수익 감소는 가장 큰 장애물로 인식되었다. 하지만 수익감소는 한계비용 기반의 가격결정메커니즘의 한계점이 아니라 시장개설 초기 CBP체제의 단기 운영 계획, 발전계획프로그램의 기능 부재, 성능시험의 구조적 결함이 결합된 문제이다. 다조합 복합발전기에 운전조합별 비용함수를 적용할 경우 고출력구간에서 한계비용이 평균비용을 초과할 수 있으며, 이것은 비용함수를 산정하는 방식에 따라 가격결정메커니즘 제도개선을 가로막았던 구조적인 장애물을 극복할 수 있는 기회를 제공할 수 있다. 실시간 시장, 계통운영보조서비스 시장 등 재생에너지 확대를 수용하기 위한 전력시장 개선 및 DR, ESS 등 새로운 자원들의 시장참여 확대 등 향후 전력시장의 복잡성은 더욱 증가할 것으로 전망된다. 전력시장이 복잡해질수록 합리적인 가격신호를 제공하는 것이 바로 전력시장의 가장 중요한 역할이며 한계비용 기반의 가격결정메커니즘이 바로 전력시장 선진화의 출발점이 될 것이다.

• 한국건축시공학회:학술대회논문집
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• 한국건축시공학회 2018년도 추계 학술논문 발표대회
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• pp.124-125
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• 2018

Recently, risk analysis studies regarding the architecture development project have been carried out by applying probabilistic method. However, it had a limit that this studies was conducted in only an apartment. Therefore, the objective of this study is to develop an optimal price estimation model that can be utilized on residential officetel project by applying Monte Carlo simulation. To achieve the objective, first, the variables are selected affecting the feasibility of an officetel based on literature review. Second, causal loop diagram is constructed by arranging the relationship between variables, then the import and expense model is suggested. Third, to carry out optimized parcel price, the range limits are set for each variables then Monte Carlo simulation is performed. In the future, the developed model is expected to help decision-makers as a tool to determine both risk and feasibility of the officetel development project.

• 유통과학연구
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• 제12권10호
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• pp.123-128
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• 2014

Purpose - The purpose of the study is to reexamine the price fairness as practiced by low cost airlines, as a consumer has to experience such inconveniences as inferior airport transportation, extra fees on in-flight meals, and non-negotiable seats, and consumers evaluate such experiences keeping in mind their total costs. This evaluation includes price fairness and allows a reasonable and overall consideration of factors of low cost airlines. It tries to set up a measurement of the indicators consumers' perceptions of price fairness academically as it adapts price fairness to airline services which are renowned for price volatility. Research design, data, and methodology - The research proposes an alternative pricing strategy for the long term profit of low cost airlines after going over conflicts between the traditional theory of consumers' price perception mechanism and flexible fair policy of low cost airlines. It was meaningful when it relates to the early stage of the business, while it enhances the risks relating to the long term survival of low cost airlines. In addition, it is significant as it highlights the negative influences on consumers' perceptions of price fairness, as low cost airlines run on extremely low cost perspectives. Results - The results of the research provide insight into four perspectives, as consumers' perceptions of price fairness are influenced by the frequency and range of price changes and services. The first perspective is that it would lead to positive price evaluation when a low cost airline cuts prices frequently with little changes than one big change. It also would lead to the same result when it comes to necessary services. The second perspective is that one big increase of price would rather undermine the negative aspects of price changes than those of several smaller ones. The third perspective is that additional services would be good to consumers' perceptions of price fairness as compared to discount benefits with respect to the cost. Finally, a low cost airline should consider that consumers will change airlines or defer their flight schedule if the flight fares increase beyond their limits. Conclusions - Low cost airlines should reconsider their pricing policies for services that were provided free earlier. A consumer would not like discount benefits when made to pay for services that were, for long, free of charge. If a low cost airline can provide services with no charge, it should improve volumes if the costs are standardized and, moreover, should consider the charging fees. Alternatively, a consumer can choose between services and fair discount. Low cost airlines are implementing sales promotion strategies, as the competition is more intense than it used to be. In these days, they should regard services over sales promotion, as consumers may prefer to spend money on good premium services. Some differentiation in services could create a good market position for the airlines and, hence, good financial performance.

• 한국정보시스템학회지:정보시스템연구
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• 제27권2호
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• pp.157-173
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• 2018

Purpose Product characteristics and price value in website have strongly effects on customer satisfaction. Especially, in the online shopping site, the scarcity limits the customer's opportunity to purchase the product. Thus scarcity has been proposed as a important factor that makes the customer highly aware of the merchantability of the product. The scarcity in the web store is used as an important variable to make purchasing decisions of users easier by psychological pressure. In the case of scarce products with price discounts in online commerce, advertising formats that highlight scarcity value in the web commerce market are very effective in enhancing purchase intentions of consumers. Unlike offline stores, the importance of scarcity becomes more important when reflecting the characteristics of online commerce. Therefore, this study intends to confirm the influence of the degree of price discounts and scarcity information presented by Web sites on consumer purchase behavior in Web purchase behavior. Design/methodology/approach This study conducted a web-based experimental study on price sensitivity and price discount. Therefore, we created experimental web-sites that offer two stimuli according to the discount rate. The 200 respondents were randomly assigned. The stimuli were fictitious based on tourism products. The first stimulus presented the price discount(15% discount) with basic explanation about the package of the tourist package. The stimuli assigned to the second group were used for groups with high price discount intensity(65% discount). In this way, the two stimuli clearly distinguished the level of price discount intensity. This paper conducted t-test analysis and structural equation to analyze the experiemental results after confirming the reliability and validity. Findings The results of this study are as follows. The difference in price discount intensity (15% vs 65%) with scarcity showed the mean difference among all the variables. Therefore, this study concluded that there is a significant difference between the price discount of 15% and 65% for the acquisition value and transaction value of users. In particular, consumers' purchase intention is greater and product recommendation intensity is stronger when the price discount is 65%. As a result, the high degree of the price discount intensity with scarcity exerts a greater influence on consumers' purchase intentions. Product scarcity also have a significant impact on perceived value of users. Therefore, purchase intention of customers increases when perceived value increases their profit and pleasure feeling.

• 아태비즈니스연구
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• 제14권1호
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• pp.365-379
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• 2023

Purpose - Our previous study (Chang & Lee, 2023) presented observations on the recent changes in the year-on-year (YoY) Consumer Price Index (CPI) of the Republic of Korea (ROK) after the COVID-19 pandemic. The purpose of this article is to present an integrated analysis and interpretation of the recent changes in CPI and the Aggregate Import Price Index (IPI) by incorporating recent data, specifically data from September 2022 to December 2022. Design/methodology/approach - This study collected CPI (YoY) data in the ROK from January 2019 to December 2022 using e-National Indicator System provided by the ROK. Statistical analysis was employed to analyze the data. Findings - First, we confirm the extended results of the existing study by Chang and Lee (2023). Second, we demonstrate that the Aggregate IPI in ROK increased significantly in 2022 compared to 2021. We then provide an integrated interpretation on the significant increase in CPI and aggregate IPI in ROK, which complements Chang and Lee (2023) that limits their discussion to YoY CPI. Moreover, we show that the IPI of the semiconductor in ROK decreased significantly in 2022 compared to 2021. Research implications or Originality - Our results provide important insights into the recent changes in the CPI in the ROK. The results suggest that these changes can be partially attributed to various factors, such as the global supply chain disruptions resulting from the spread of the COVID-19 pandemic and the prolonged war between Russia and Ukraine, the side effect of quantitative easing by the US Federal Reserve, heat waves and droughts caused by climate change in ROK, a surge in demand following a gradual daily recovery, US-China trade conflict, etc. Our study shows statistically comprehensive results compared to the studies that limit their discussion to YoY average growth rate.

• 한국지능정보시스템학회:학술대회논문집
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• 한국지능정보시스템학회 2001년도 The Pacific Aisan Confrence On Intelligent Systems 2001
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• pp.83-88
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• 2001

To get the items that a buyer wants in Internet auction. he must search for the items through several auction sites. When the bidding starts, he(the buyer) needs to connect to these auction sites frequently so that he can monitor the bid stats and re-bid. A reserve-price auction reduces the number of connections, but this limits the user's bidding strategy. Another problem is equity between the buyer and the seller. Both the buyer and the seller should profit together within proper limits. In this paper, we propose an auction agent system using a collaborative mobile agent and a brokering mechanism called MoCAAS (Mobile Collaborative Auction Agent System), which mediates between the buyer and the seller and executes bidding asynchronously and autonomously. This reduces connection costs. offers more intelligent bidding and solves the equity problem.

• KDI Journal of Economic Policy
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• 제12권3호
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• pp.3-26
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• 1990

1990년대에 들어 한국(韓國)의 미곡시장(米穀市場)은 대내외적(對內外的)으로 새로운 변화를 겪고 있다. 대외적(對外的)으로는 "우루과이라운드" 및 쌍무협정을 통해 대외개방(對外開放)과 생산보조금(生産補助金)의 감축에 대한 압력에 직면해 있고, 대내적(對內的)으로도 쌀소비의 감소(減少)로 1989년부터는 정부수매가격(政府收買價格)이 도매가격(都賣價格)을 상회하는 구조적(構造的)인 문제가 나타났다. 이러한 가격역전현상(價格逆轉現象)은 민간상인(民間商人)의 재고기능(在庫機能), 계절적(季節的) 가격안정기능(價格安定機能), 유통기능(流通機能)을 위축시키며, 정부재정(政府財政)에 주는 부담을 기하급수적으로 증가시킬 뿐만 아니라 미곡시장(米穀市場)의 가격구조(價格構造) 및 유통과정(流通過程)을 왜곡시키고 있다. 따라서 미가지지정책(米價支持政策)을 통환 증산(增産)보다는 농촌생활기반조성(農村生活基盤造成) 및 농업구조조정(農業構造調整)으로의 전환(轉換)이 필요하다. 그러나 농민들의 농업정책(農業政策)에 대한 불신, 농업기반(農業基盤)의 취약성, 그리고 정치적인 역학관계를 고려할 때 정부(政府)의 일방적인 지시보다는 농민이 선택할 수 있는 대안(代案)을 제시함이 바람직하며, 점진적인 구조개선(構造改善)이 필요하다고 생각된다. 이 논문에서는 전환기에 처한 한국(韓國) 미곡시장(米穀市場) 현황(現況) 대한 경제적(經濟的) 분석(分析)과 사회적(社會的) 비용(費用) 및 마찰(摩擦)을 최소화(最小化)하며 대내외(對內外) 환경변화에 적응할 수 있는 정책대안(政策代案)을 제시하고자 한다.