• Title/Summary/Keyword: total price

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A Study on the Estimation of Producetivity Measure of the City of Seoul (서울시 생산성지표의 추정)

  • 서승환;이번송;정의철
    • Journal of the Korean Regional Science Association
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    • v.11 no.2
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    • pp.41-51
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    • 1995
  • It has been estimated the total factor productivity(TFP)of the city of Seoul. Average TFP growth rate during 1974-1992 has been estimated as 0.0602. TFP growth rate has been decreased from 0.0804 of 1970's to 0.0561 of 1980 and 1990's Factsro affecting the TFP are found to be core infrastructure, capital stock and land price growth rate. High land price growth rate depresses the TFP growth rate. During 1989, due to the high land price growth rate and extremely low building costruction permit TFP rate has been estimated as negative.

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A Study on the Import-Export Modeling and GIS Analysis of the International Provisions for the Agricultural Policy Decision Support (농업정책결정지원을 위한 국가간 식량 수급 모델링 및 GIS 분석에 관한 연구)

  • 김대식;이상무
    • Journal of Korean Society of Rural Planning
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    • v.4 no.2
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    • pp.117-127
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    • 1998
  • In this study, a model was developed to analyze the capacity and the total price of the agricultural products marketing between nations through the estimation of the production and consumption amount of the agricultural products in each nation and the analysis of the price and transport cost to each nation. The method which can contribute to the agricultural policy decision support was devised. The main concept of the method is to compute the potential import-export amount and total cost among the nations. In the application, wheat was selected to evaluate the model. The application results showed that the model could analyzed the unit consumption and storage amount per capital of each nation and the price and transport cost per unit weight from each export nation, provided the policy decision maker with the basic data analyzed by GIS.

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A study on the prices trends of landscape woody plants(1985-1994) in Korea (조경수목 가격의 10년간(1985-1994) 변화에 관한 연구)

  • 이준복;심경구
    • Journal of the Korean Institute of Landscape Architecture
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    • v.23 no.3
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    • pp.113-131
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    • 1995
  • This study was conduced out to analyze the price trends of landscape woody plants during the past ten years. The method of this study was applied to secendary data analysis and the data were collected from "Government Specified Monthly Price Book" and "Monthly Price Book" The results of this study were as follows : 1. The annual average increasing rate of the GSP price was 3.9% while the KPRC price was 8.9% for the past ten years. The ratio of the KPRC price by GSP price was 94.7% in 1985 and it increased by 147.3% in 1994. This increase indicates a large price margin between two prices. The GSP price should be readjusted to a realistic level. 2. For the same period, the prices of native Korean tree were raised by 3.8% and 9.5% in annual average rate. Meanwhile, the exotic tree prices were raised by 3.6% for and 7.8% for in annual average rate. The prices of native Korean tree were raised more than those the exotic tree. 3. The annual average increasing rates of the twenty for species prices which were high ranked among all species prices were 12% for and 21.5% for . These top twenty species drove to markup trend of tree prices. 4. The annual average price increasing rate of major species which are used frequently for landscaping was higher than total increasing rate of all species. This result shows that the prices of the major species markup more than others. 5. From 1985 to 1994, the prices of 29 new species were listed on "The government specified monthly price book" and the prices of 40 species were newly listed on "Monthly price book". On the contrary, 3 species from "The government specified Monthly Book" and 10 species from "Monthly Price Book" were eliminated. The number of new listed on the native Korean species were twice as many as the exotic species. In addition, there is a need to study and explain reaon of the elimination.

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A Study on the Inventory Cost Estimation Criteria Considering Supply Chain Characteristics of a Electronic Product Manufacturer (전자제품 제조사 관점에서의 공급사슬 특성을 고려한 재고비용 산정 기준의 제시)

  • Nam, Jung-Hoon;Hwang, Seung-June
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.15-25
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    • 2016
  • SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

Joint Price-Delivery Decision in a Single-Manufacturer-Single Retailer Supply Chain (2단계 공급사슬의 결합적 가격 및 재고 정책의 결정)

  • Kim, Jeong-Gyu;Hong, Yu-Sin;Kim, Tae-Bok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.3-6
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    • 2007
  • In the traditional inventory problem, market parameters such as demand and selling price are exogenous. But incorporating these factors into the model can provide an opportunity for increasing the total profit. So we investigate the joint price-inventory policy in a supply chain consisting of a single retailer and a single manufacturer. Demand at the retailer depends on the retail price. The retailer and the manufacturer cooperate closely each other to maximize overall profit of the supply chain. The mathematical model is presented and the solution procedure is developed in order to jointly determine the optimal policy including the retail price, the production lot sizes, and the delivery frequency from the manufacturer to the retailer.

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Optimal Inventory and Price Markdown Policy for a Two-Layer Market with Demand being Price and Time Dependent

  • Jeon, Seong-Hye;Sung, Chang-Sup
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.11a
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    • pp.142-146
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    • 2006
  • This paper considers a SCM issue concerned with an integrated problem of inventory control and dynamic pricing strategies when demands are price and time dependent. The associated price markdowns are conducted for inventory control in a two-layer market consisting of retailer and outlet as in fashion apparel market. The objective function consists of revenue terms (sales revenue and salvage value) and purchasing cost term. Specifically, decisions on price markdowns and order quantity are made to maximize total profit in the supply chain so as to have zero inventory level at the end of the sales horizon. To solve the proposed problem, a gradient method is applied, which shows an optimal decision on both the initial inventory level and the discount pricing policy. Sensitivity analysis is conducted on the demand parameters and the final comments on the practical use of the proposed model are presented.

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A Study on Standard Unit Price Analysis of e-learning & Postal Distance Learning (인터넷 및 우편 원격 기관 훈련비용 기준단가 분석 연구 공학교육에 관한 연구)

  • Rha, Hyeon-Mi
    • Journal of Engineering Education Research
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    • v.14 no.3
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    • pp.61-71
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    • 2011
  • Korea has introduced the levy-grand system in the vocational learning finance. The standard unit price system of training cost was utilized in the distribution of training budget and the reimbursement system including total or partial training cost return has been operated in the corporate training after completing the learning course particularly. The standard unit price was calculated in the base of analyzing on supporting budget by the government per training institutions and corporate payment decision to learning institutions. The proposing standard unit price system of training cost was analyzed in the current standard price unit of training cost and then an improvement policy and the implication are derived from it. At the result of this study, the current government supporting level to e-learning and postal distance learning indicates good status.

An Estimation of the Pyiee Elasticities of Tobacco and Health Demand of Korean Urban Households using Macro and Micro Level Data (한국 도시가구의 담배소비와 보건의료지출: 가구 특성을 감안한 수요체계적 분석에 의한 가격탄력성 추정시도)

  • 김원년;이충열
    • Korea journal of population studies
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    • v.25 no.1
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    • pp.257-289
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    • 2002
  • In this study we analyse how the tobacco prices have an effect on the national health. The level of tobacco price will fluctuate its consumers demand and eventually affect the national health status. We estimate tobacco consumption function as well as households'demand system in which tobacco and health expenditure functions are included. Demand elasticities are estimated and evaluated in order to find future policies to improve the national health by controlling the national tobacco consumption There are two econometric approaches app1ied in this study. The lent tobacco demand analysis method is mm tobacco consumption function model. Using national indices of tobacco price, tobacco consumption and other related variables, tobacco consumption function is estimated. The other is micro demand system analysis by using Korean urban households expenditure data during the period of 1991 to 1999. The own price elasticity which is estimated from national tobacco demand per capita is -0.19 for all people and -0.176 for the adults over 18, which means 100% price increase will cause decease of tobacco demand at 19% and 17.6% per each The cross vice elasticity which is estimated between tobacco and health expenditure of urban households demand system is -0.2328, which implies 100% of tobacco price increase will decrease 23.28% of health expenditure. The low price elasticities imply that tobacco price increase will increase total tobacco sales volume. 100% of tobacco price increase will bring about 79% increase of total tobacco sales volume according to our scenario. Korea's tobacco demand is negatively responsive to fluctuations in its price. The health expenditure is also negatively relatedto the tobacco price fluctuation. These empirical outputs could be utilized as the basis of government's tax policy to control national tobacco consumption in the future.

Forecasting common mackerel auction price by artificial neural network in Busan Cooperative Fish Market before introducing TAC system in Korea (인공신경망을 활용한 고등어의 위판가격 변동 예측 -어획량 제한이 없었던 TAC제도 시행 이전의 경우-)

  • Hwang, Kang-Seok;Choi, Jung-Hwa;Oh, Taeg-Yun
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.1
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    • pp.72-81
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    • 2012
  • Using artificial neural network (ANN) technique, auction prices for common mackerel were forecasted with the daily total sale and auction price data at the Busan Cooperative Fish Market before introducing Total Allowable Catch (TAC) system, when catch data had no limit in Korea. Virtual input data produced from actual data were used to improve the accuracy of prediction and the suitable neural network was induced for the prediction. We tested 35 networks to be retained 10, and found good performance network with regression ratio of 0.904 and determination coefficient of 0.695. There were significant variations between training and verification errors in this network. Ideally, it should require more training cases to avoid over-learning, which leads to improve performance and makes the results more reliable. And the precision of prediction was improved when environmental factors including physical and biological variables were added. This network for prediction of price and catch was considered to be applicable for other fishes.

A Study of Urban Household Demand for Clothing Items by Income (소득차이에 따른 도시가계의 의류품목수요에 관한 연구)

  • Kim, Kisung
    • Journal of the Korean Society of Clothing and Textiles
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    • v.38 no.1
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    • pp.33-45
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    • 2014
  • This study investigates urban household consumption patterns for clothing items in different income cohorts through the analysis of an Almost Ideal Demand System (AIDS) model. Korea quarterly time-series statistics data for urban household expenditures from 1990 to 2013 analyzed household demand. The price and total consumption expenditure elasticities of 4 clothing items (outer wear, shoes, clothing related services and other miscellaneous clothing) for 7 income cohorts were estimated to investigate the clothing consumption patterns of different income cohorts. The study results show that the different household income cohorts have different consumption patterns for clothing items. The elastic demand of total consumption expenditures in the lowest household income cohort suggests that they consume clothing items as luxuries while other households mostly consume them as necessities. The price elasticity for all household income cohorts and clothing items (except the highest household income cohort and outer wear) was found to be elastic. The highest household income cohort had an inelastic price demand for all clothing items that implied a less sensitive clothing consumption change for the clothing price change than other households.