• Journal of the Korean Operations Research and Management Science Society
• /
• v.35 no.4
• /
• pp.17-31
• /
• 2010

This study investigates two-stage return policy and recycling issues in an e-marketplace supply chain consisting of consumers, a retailer and a manufacturer. The manufacturer, a focal company in the e-marketplace supply chain, considers the recycling of commercial returns so offers the retailer a buy-back contract of which transfer payment consists of a wholesale price and a buy-back price. Then, under the given contract offer, the retailer determines a selling price and a return policy to control consumers' demand and return requests. We consider the retailer's opportunistic behavior and supply chain coordination issues based on the principal-agent paradigm. We compare the first-best and second-best optima and conduct comparative static analyses to evaluate the performance results of the buy-back contract and provide important managerial implications.

• Korean Journal of Poultry Science
• /
• v.7 no.1
• /
• pp.13-22
• /
• 1980

On the Chicago Meracntile Exchange, individuals and firms buy and sell contracts for specified amounts of products that are to be delivered at a time period in the future at a price arrived at through openly competitive bidding. The transfer of ownership of these delivery promises takes place in a particular trading pit, for each commodity, on the floor of the Exchange. Trades are officially made by qualified members of the Exchange who act as brokers for their customers. For his services, the broker is paid a nominal round- turn commission fee by the customer. Although each commodity contract carefully describes the particular standards that product must meet in order to be a acceptable for delivery, actually fewer than three percent of the contracts traded are consummated by delivery. For the most part, contract obligations ions art offset, and thereby liquids. before the termination of the delivery month. The trader liquidates his position in the market after analyzing price trends, his timing, and his calculated price objectives. (omitted)

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2016.10a
• /
• pp.15-16
• /
• 2016

Ways to efficiently manufacture gloss exposed mass concrete at an inexpensive price, in other words, ways to paste transparent transfer paper onto the surface of a combined mold has been designated as New Technology Article 191 by the Ministry of Land, Infrastructure and Transport. But if the difference in the coefficient of linear expansion between the mold's and transfer paper's material causes temperature to rise or fall, a wrinkly surface can appear. Therefore this study, by experimentally comparing the deformation characteristics between the mold material and transfer paper material upon changes in temperature, seeks to serve as a basic reference point for selecting the optimal transfer paper for different mold types. Study results revealed that for molds, polyester resin transfer paper is optimal, and for aluminum molds, acrylic resin transfer paper is.

• The Journal of Asian Finance, Economics and Business
• /
• v.9 no.2
• /
• pp.133-140
• /
• 2022

The impact of State management factors on transfer pricing activities of foreign direct investment enterprises in Vietnam is examined in this study. This adds to the empirical evidence on factors affecting transfer pricing activities of foreign-invested enterprises in Vietnam. A questionnaire survey of officials directly involved in the inspection of transfer pricing activities is used as the research method. The study yielded 226 questionnaires. The author chose 210 questionnaires after deleting those that were ineligible due to a large number of blank cells. The following procedures are used to process the data from the satisfied votes: Cronbach's Alpha test to measure the reliability of the scale; Exploratory factor analysis to break down data into smaller sets of variables to discover the underlying structure; Descriptive analysis to describe the underlying quantitative features of the data; Correlation and regression analysis to evaluate the relationship between variables with the support of SPSS 25 software. Inspection pressure, professional inspector qualifications, and inspector role, State control organization, inspector professionalism, legal corridor on transfer pricing control, macroeconomic situation, and investment environment have a positive impact on state management on transfer price operations, according to research findings. The author has provided solutions to increase the efficiency of State management on transfer pricing operations of foreign-invested businesses in Vietnam based on the research findings.

• Journal of Intelligence and Information Systems
• /
• v.28 no.4
• /
• pp.81-94
• /
• 2022

Real estate and artworks were considered challenging investment targets for individual investors because of their relatively high average transaction price despite their long investment history. Recently, the so-called fractional investment, generally known as investing in a share of the ownership right for real-life assets, etc., and most investors perceive that they actually own a piece (fraction) of the ownership right through their investments, is gaining popularity. Founded in 2016, Musicow started the first service that allows users to invest in copyright fees related to music distribution. Using the LSTM algorithm, one of the deep learning algorithms, this research predict the price of right to participate in copyright fees traded in Musicow. In addition to variables related to claims such as transfer price, transaction volume of claims, and copyright fees, comprehensive indicators indicating the market conditions for music copyright fees participation, exchange rates reflecting economic conditions, KTB interest rates, and Korea Composite Stock Index were also used as variables. As a result, it was confirmed that the LSTM algorithm accurately predicts the transaction price even in the case of fractional investment which has a relatively low transaction volume.

• Design & Manufacturing
• /
• v.17 no.2
• /
• pp.1-8
• /
• 2023

This study aims to enhance the price and quality competitiveness of imported tiles by developing a robotic tile production automation line. The development process involved several steps, such as requirement analysis, derivation of technical specifications, conceptual design, engineering feasibility review, detailed design, and production. Emphasis was placed on the transfer process of the tiles' molds, and technological advancements were achieved through engineering interpretation, feasibility review, and performance evaluation. The developed automation system incorporates key specifications to ensure a transfer success rate of over 90%, thereby ensuring stable transportation of the tiles and minimizing defect rates during production. The maximum weight capacity for tile pick-up was set above 6 kg, allowing effective handling of tiles weighing 6 kg or less in automated tasks. Furthermore, the system enables safe and precise movement of the tiles to the desired location, with a transfer distance of at least 1.3 m and a transfer speed exceeding 0.2 m/sec, thereby increasing production efficiency.

• Knowledge Management Research
• /
• v.5 no.1
• /
• pp.39-56
• /
• 2004

Mergers and Acquisitions(M&A) have long played an important role in the growth of firm. M&A has been considered a effective strategy for Korean government to restructure industry. Previous studies provided mixed results on the synergy effect of M&A This study provides investigation on 39 mergers occurred over the sample period from 2000 to 2001. In this study, event study methodology arc used to calculate abnormal return(AR) and cumulative abnormal return(CAR) based on mean-adjusted model. The testing period of this study from date -30 through date +30, where date zero is the date of the first public announcement of the merger. The empirical results in this study can be summarized as follows. First, the return rates of KOSDAQ registered firms with M&A appears higher than that of KSE listed firms. This means that public announcement of M&A is more influential on stock price for KOSDAQ registered firms than KSE listed firms. Second, The difference between actual merging price and fair value is significant in KSE listed firms and KOSDAQ registered firms. This means that the investors take M&A of KOSDAQ registered firms as a good news. Third, the impact on the market prices of merging firms take place after the first public announcement of the merger in KSE registered firms. But the impact on the market prices take place not only merging firms but also merged firms in KOSDAQ registered firms. This result shows that the investors recognize a M&A is a strategy of technology transfer in small & venture business.

• Proceedings of the KIEE Conference
• /
• 2009.07a
• /
• pp.591_592
• /
• 2009

For a similar price signal to local consumer, a regional clustering is important that can transfer a equal sign to the bus which has each different price on the basis of bus. If you take LMP and local information this method into consideration at the same time, and you give weight on neither one side, buses on a borderline can move on arbitrary. For solving this problem, in this paper will propose a clustering method to have applied new concept called 'electric distance'.

• KIEE International Transactions on Power Engineering
• /
• v.4A no.3
• /
• pp.159-166
• /
• 2004

Forecasting prices in electricity markets is critical for consumers and producers in planning their operations and managing their price risk. We utilize the generalized autoregressive conditionally heteroskedastic (GARCH) method to forecast the electricity prices in two regions of New York： New York City and Central New York State. We contrast the one-day forecasts of the GARCH against techniques such as dynamic regression, transfer function models, and exponential smoothing. We also examine the effect on our forecasting of omitting some of the extreme values in the electricity prices. We show that accounting for the extreme values and the heteroskedactic variance in the electricity price time-series can significantly improve the accuracy of the forecasting. Additionally, we document the higher volatility in New York City electricity prices. Differences in volatility between regions are important in the pricing of electricity options and for analyzing market performance.

• Journal of Advanced Marine Engineering and Technology
• /
• v.37 no.1
• /
• pp.9-15
• /
• 2013

The effective use and management of energy resources has been issued to solve the global warming problem and petrolium price increase. To improve the energy efficiency of a heat exchanger, a new countermeasure is required and the heat transfer research of nano-fluids as a new working fluid is needed. This study was carried out with increasing the Reynolds number and the vol% of nano-fluids in the inlet temperature of $25^{\circ}C$ and $50^{\circ}C$. As the result, the higher the entrance temperature is, the higher the convective heat transfer coefficient is.