• Korean Journal of Agricultural Science
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• v.48 no.3
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• pp.367-375
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• 2021

The aim of this study was to identify the factors contributing to the auction price and total price of carcasses by using squared semi-partial correlation of carcass traits. The data used in this study were the carcass grades assigned to 7,145 head of Hanwoo slaughtered from 2013 to 2018 in Gyeonggi province and 106,779 head of Hanwoo slaughtered from 2013 to 2018 outside of Gyeonggi province. The rankings of the carcass traits contributing to the auction price were in the order of marbling score (86.70%), backfat thickness (10.42%), eye muscle area (1.40%), and carcass weight (0.92%) in Gyeonggi province. In Hanwoo slaughtered outside of Gyeonggi province, the rankings were in the order of marbling score (88.53%), backfat thickness (9.06%), eye muscle area (1.24%), and carcass weight (0.99%). The rankings of carcass traits contributing to the total price were in the order of marbling score (45.95%), carcass weight (45.60%), backfat thickness (6.49%) and eye muscle area (0.77%) in Gyeonggi province. In Hanwoo slaughtered outside Gyeonggi province, the rankings were in the order of marbling score (49.64%), carcass weight (43%), backfat thickness (5.86%), and eye muscle area (0.66%). Gyeonggi province Hanwoo had thinner backfat thickness than Hanwoo outside Gyeonggi, and it had a higher contribution to auction price and total price. Collectively, Hanwoo in Gyeonggi province showed higher contribution scores for backfat thickness. This study aimed to provide basic information to guide Hanwoo breeding and increase profits for Hanwoo farms through the analysis of each traits according to environmental factors.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.24 no.65
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• pp.23-30
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• 2001

In this paper, we consider an inventory system in case the toleration to be inventory stortage under the price discount. It has been observed that suppliers suggest a free addition of marketing policy like a price discount. A major reason for a supplier to offering a free addition to a customers is to stimulate the demand and to decrease a total cost. but, If we not adapting to the toleration to be inventory-lacking, we will a burden holding costs in a relation to the holding of inventory. This paper, is a combination of the toleration of inventory shortage and the condition of discount price. The costs are defined as the sum of the ordering, holding, shortage, purchasing and opportunity costs. Based on numerical results, conclusions follow about the total of operation costs the division of the shortage rate of inventory.

• Journal of the Korean Society of Clothing and Textiles
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• v.37 no.7
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• pp.972-983
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• 2013

This study investigates the effects of fashion innovativeness and utilization on the price perception of formal wear and climbing wear as well as gender differences on price perception and the relationship of the variables. Price perception measurements were based on reference price and reservation price; subsequently, a premium price ratio was calculated based on the measured prices. A survey that involved male and female adult consumers was conducted in Daegu in August 2011. A total of 321 responses were analyzed using descriptive statistics, factor analysis, reliability analysis, correlations and independent sample t-test. Two factors of fashion innovativeness were derived and named as unique-oriented innovativeness and change-oriented innovativeness. The utilization of formal wear and climbing wear was higher in the male group versus the female group. Reference price and reservation price were identified similar to the actual consumer purchasing prices reported in previous studies. Male consumers showed a tendency in price perception in accordance with the utilization. The change-oriented innovativeness of the female group led to a positive relationship with the perceived price of climbing jackets.

• Journal of the Korean Society of Clothing and Textiles
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• v.37 no.5
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• pp.645-654
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• 2013

This study investigated the difference of reference price, preference and quality perception of high functional underwear according to innovation cues. High functional underwear was selected as a research stimulus due to its technological innovative characteristics. A total of 93 male university students participated as subjects and data were collected by simple random experimental design operationalized with three types of innovation stimulus cues. Two types of internal reference price perception-expected price and fair price, preference, and 9 items of product quality perception-8 functional properties and overall quality of stimulus were measured with a questionnaire. The result supported the difference of reference price and quality perception by product innovation cue. The higher cue level group perceived two types of reference price and the overall quality higher than the lower cue level group. The difference of the expected price and fair price, the influence of functional properties on overall quality, and relations of the variables were discussed in depth.

• Proceedings of the Safety Management and Science Conference
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• 2009.04a
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• pp.305-308
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• 2009

According to the returns of Housing and business cycle over the period 1992 to 2007, it is a measure of the total volatility faced by investors in Housing properties. First, it isn't a distinct difference from business cycle contrary to U.S. Second, the rise of purchase price in total apartments moves up the consumer price index. According to the cross-sectional dispersion of returns and growth in net operating income (NOI) of apartments, industrial, retail and office properties using panel data for U.S. metropolitan areas over the period 1986 to 2002, it is a measure of the total volatility faced by investors in commercial real estate. To the extent that most of that volatility is difficult to diversify, cross-sectional dispersion may be an appropriate measure of risk.

• Journal of Korean Institute of Industrial Engineers
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• v.33 no.3
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• pp.322-328
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• 2007

Highly standardized products are suitable for automated purchasing using electronic commerce technology, where the price becomes the most important factor. Suppliers can change the prices dynamically based on the inventory level and market situation in order to maximize the sales and profit. In the virtual marketplace where multiple customers purchase multiple standardized products from multiple suppliers repetitively, customers can purchase the required amount of each item as a dynamic bidding by allocating purchase orders to the suppliers based on the current price. Customers need a method to quickly determine the optimal allocation of orders to the suppliers using the dynamically changing data to minimize the total cost. We present a LP model which minimizes the sum of the total price plus transportation cost for this problem. Simulation results using random data show meaningful reduction of the total cost.

• Journal of Family Resource Management and Policy Review
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• v.2 no.2
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• pp.135-145
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• 1998

The purpose of this study was to examine how much the cost of marriage ceremony has increased according to the economic growth. The relationship between marriage expenditures and other comparison variables such as per capital GNP, monthly income, consumer price index was particularly examined. All the money values were adjusted by consumer price index. Data from the Central Committee for Promotion of Saving were used in this study. The results of this study follow. First, nominal and actual total outlay of marriage ceremony has continuously increased. Total marriage ceremony cost was positively correlated with the housing price so that bridegroom’s outlay were greater than that of bride’s one since bridegroom was more likely to have the responsibility for the price of new couple’s house. Second, it was found that increased percentage rate of marriage ceremony cost was greater than that of national economic growth. The total marriage expenditure was about 10 times as much per capital income in 1990. Third, it was revealed that housing cost increased three times from 1990 to 1995, and marriage ceremony expense was accordingly increased twice during the same periods. Such trends tend to increase continuously. Last, the marriage cost percentage to monthly income called marriage expenditure share increased by 1990 and then decreased. Such a decreasing trend can be explained by the increased amount of income partly due to the higher wage rate compared to other conditions since 1990.

• Culinary science and hospitality research
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• v.13 no.4
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• pp.57-66
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• 2007

The purpose of this study was to assess the effects of service quality, perceived sacrifice, food price and image on value. A total of 273 questionnaires were completed. MANOVA, ANOVA, and ANCOVA were used to measure the main effects and mediating effects of service quality and perceived sacrifice on the relationships among price, image, and value. The main effects of price on service quality, perceived sacrifice, and value were statistically significant. The main effects of image on service quality and value were statistically significant. As expected, when price, service quality, and perceived sacrifice regressed on the value, they were statistically significant. Moreover, when image, service quality, and perceived sacrifice regressed on the value, they had statistically significant effects on value. The results demonstrated that service quality played a mediating role in the relationship between price and value.

• Korean Journal of Fisheries and Aquatic Sciences
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• v.56 no.2
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• pp.243-252
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• 2023

Fluctuations in the price of aquaculture products have recently intensified. In particular, wholesale price fluctuations are adversely affecting consumers. Therefore, there is an emerging need for a study on forecasting the wholesale price of aquaculture products. The present study forecasted the wholesale price of olive flounder Paralichthys olivaceus, a representative farmed fish species in Korea, by constructing multivariate long-short term memory (LSTM) and gated recurrent unit (GRU) models. These deep learning models have recently been proven to be effective for forecasting in various fields. A total of 191 monthly data obtained for 17 variables were used to train and test the models. The results showed that the mean average percent error of LSTM and GRU models were 2.19% and 2.68%, respectively.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.40 no.9
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• pp.1802-1807
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• 2015

The cloud computing service provides physical IT resources to VM instances to users using virtual technique and the users pay cost of VM instances to service provider. The auction model based on cloud computing provides available resources of service provider to users through auction mechanism. The users bid spot instances to process their a job until its deadline time. If the bidding price of users is higher than the spot price, the user will be provided the spot instances by service provider. In this paper, we propose a new bidding strategy to minimize the total cost for job completion. Typically, the users propose bidding price as high as possible to get the spot instances and the spot price get high. we lower the spot price using proposed strategy and minimize the total cost for job completion. To evaluate the performance of our strategy, we compare the spot price and the total cost for job completion with real workload data.