• 제목/요약/키워드: 2-period model

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Modeling Coordinated Contracts for a Supply Chain Consisting of Normal and Markdown Sale Markets

  • Lee Chang Hwan
    • Management Science and Financial Engineering
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    • 제11권1호
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    • pp.1-24
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    • 2005
  • The results of a study of the coordination effect in stocking and promotional markdown policies for a supply chain consisting of a retailer and a discount outlet (DCO) are reported here. We assume that the product is sold in two consecutive periods: the Normal Sales Period (NSP) and the subsequent Promotional Markdown Sales Period (PSP). We first study an integrated supply chain in which managers in the two periods design a common system so as to jointly decide the stocking quantities, markdown time schedule, and markdown price to maximize mutual profit. Next, we consider a decentralized supply chain. An uncoordinated contract is designed in which decisions are decentralized to optimize the individual party's objective function. Here, three sources of system inefficiencies cause the decentralized system to earn a lower expected system profit than that in the integrated supply chain. The three sources are as follows: in the decentralized system the retailer tends to (1) stock less, and (2) keep a longer sales period, and the DCO tends to (3) stock fewer leftovers inventories and charge a higher markdown price. Finally, a numerical experiment is provided to compare the coordinated model with the uncoordinated model to explore factors that make coordination an effective approach.

Analysis of Decontamination from Concrete by Microwave Power

  • 지광습
    • 한국콘크리트학회:학술대회논문집
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    • 한국콘크리트학회 2004년도 추계 학술발표회 제16권2호
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    • pp.603-608
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    • 2004
  • The paper analyzes a scheme of decontamination of radionuclides from concrete structures, in which rapid microwave heating is used to spall off a thin contaminated surface layer. The analysis is split in two parts: (1) The hygrothermal part of the problem, which consists in calculating the evolution of the temperature and pore pressure fields, and (2) the fracturing part, which consists in predicting the stresses, deformations and fracturing. The rate of the distributed source of heat due to microwaves in concrete is calculated on the basis of the standing wave normally incident to the concrete wall with averaging over both the time period and the wavelength because of the very short time period of microwaves compared to the period of temperature waves and the heterogeneity of concrete. The reinforcing bars parallel to the surface arc treated as a smeared steel layer. The microplane model M4 is used as the constitutive model for nonlinear deformation and distributed fracturing of concrete. The aim of this study is to determine the required microwave power and predict whether and when the contaminated surface layer of concrete spalls off. The effects of wall thickness, reinforcing bars, microwave frequencies and power are studied numerically. As a byproduct of this analysis, the mechanism of spalling of rapidly heated concrete is clarified.

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A Study on Unfolding Asymmetric Volatility: A Case Study of National Stock Exchange in India

  • SAMINENI, Ravi Kumar;PUPPALA, Raja Babu;KULAPATHI, Syamsundar;MADAPATHI, Shiva Kumar
    • The Journal of Asian Finance, Economics and Business
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    • 제8권4호
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    • pp.857-861
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    • 2021
  • The study aims to find the asymmetric effect in National Stock Exchange in which the Nifty50 is considered as proxy for NSE. A return can be stated as the change in value of a security over a certain time period. Volatility is the rate of change in security value. It is an arithmetical assessment of the dispersion of yields of security prices. Stock prices are extremely unpredictable and make the investment in equities risky. Predicting volatility and modeling are the most profuse areas to explore. The current study describes the association between two variables, namely, stock yields and volatility in equity market in India. The volatility is measured by employing asymmetric GARCH technique, i.e., the EGARCH (1,1) tool, which was used in building the study. The closing prices of Nifty on day-to-day basis were used for analysis from the period 2011 to 2020 with 2,478 observations in the study. The model arrests the lopsided volatility during the mentioned period. The outcome of asymmetric GARCH model revealed the subsistence of leverage effect in the index and confirms the impact of conditional variance as well. Furthermore, the EGARCH technique was evidenced to be apt in seizure of unsymmetrical volatility.

Neuroprotective Effects by Nimodipine Treatment in the Experimental Global Ischemic Rat Model: Real Time Estimation of Glutamate

  • Choi, Seok-Keun;Lee, Gi-Ja;Choi, Sam-Jin;Kim, Youn-Jung;Park, Hun-Kuk;Park, Bong-Jin
    • Journal of Korean Neurosurgical Society
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    • 제49권1호
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    • pp.1-7
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    • 2011
  • Objective: Glutamate is a key excitatory neurotransmitter in the brain, and its excessive release plays a key role in the development of neuronal injury. In order to define the effect of nimodipine on glutamate release, we monitored extracellular glutamate release in real-time in a global ischemia rat model with eleven vessel occlusion. Methods: Twelve rats were randomly divided into two groups: the ischemia group and the nimodipine treatment group. The changes of extracellular glutamate level were measured using microdialysis amperometric biosensor, in coincident with cerebral blood flow (CBF) and electroencephalogram. Nimodipine (0.025 ${\mu}g$/100 gm/min) was infused into lateral to the CBF probe, during the ischemic period. Also, we performed Nissl staining method to assess the neuroprotective effect of nimodipine. Results: During the ischemic period, the mean maximum change in glutamate concentration was $133.22{\pm}2.57\;{\mu}M$ in the ischemia group and $75.42{\pm}4.22\;{\mu}M$ (p<0.001) in the group treated with nimodipine. The total amount of glutamate released was significantly different (P<0.001) between groups during the ischemic period. The %cell viability in hippocampus was $47.50{\pm}5.64$ (p<0.005) in ischemia group, compared with sham group. But, the %cell viability in nimodipine treatment group was $95.46{\pm}6.60$ in hippocampus (p<0.005). Conclusion: From the real-time monitoring and Nissl staining results, we suggest that the nimodipine treatment is responsible for the protection of the neuronal cell death through the suppression of extracellular glutamate release in the 11-VO global ischemia model of rat.

환경비용의 인식과 공시에 관한 연구 (A Study on the Recognition and disclosure of Environmental Costs)

  • 전영승
    • 산학경영연구
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    • 제11권
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    • pp.295-317
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    • 1998
  • 환경회계는 환경비용을 식별하고 측정하여 기업의 이해관계자들에게 제공하는 것이다. 따라서 본 연구의 목적은 첫째, 환경비용의 측정방법과 인식기준을 고찰하고 둘째, 환경비용의 공시방안을 제시하는 것이다. 본 연구는 국내외 관련문헌과 연구논문을 중심으로 한 문헌조사방법을 이용한 이론적 연구이다. 본 연구의 주요결과는 다음과 같다. 첫째, 환경비용은 발생원천과 기능 및 형태를 고려하면 환경오염 비용과 환경보전비용으로 크게 구분할 수 있다. 둘째, 환경비용의 측정방법은 다양하지만 거의 주관적이고 자의적인 것이어서 환경비용의 정확한 측정은 아직까지 어려운 실정이다. 셋째, 환경비용의 인식은 발생주의 원칙에 따라 전기오류수정손익으로, 당기비용 또는 손실로, 차기로 이연하여 자본화한다. 넷째, 환경비용의 공시는 재무제표확대모형, 절충적 모형, 독자적 보고모형 등이 있으나 단기적으로 전통회계의 틀 속에 계정을 추가하거나 보충명세서로 환경관련정보를 공시하는 재무제표의 확대모형이 적용하기 쉽다. 본 연구의 내용은 우리나라의 환경비용회계처리기준의 제정에 공헌할 것으로 기대된다.

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V700 Cygni: A Dynamically Active W UMa-type Binary Star II

  • Kim, Chun-Hwey;Jeong, Jang-Hae
    • Journal of Astronomy and Space Sciences
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    • 제29권2호
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    • pp.151-161
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    • 2012
  • An intensive analysis of 148 timings of V700 Cyg was performed, including our new timings and 59 timings calculated from the super wide angle search for planets (SWASP) observations, and the dynamical evidence of the W UMa W subtype binary was examined. It was found that the orbital period of the system has varied over approximately $66^y$ in two complicated cyclical components superposed on a weak upward parabolic path. The orbital period secularly increased at a rate of $+8.7({\pm}3.4){\times}10^{-9}$ day/year, which is one order of magnitude lower than those obtained by previous investigators. The small secular period increase is interpreted as a combination of both angular momentum loss (due to magnetic braking) and mass-transfer from the less massive component to the more massive component. One cyclical component had a $20.^y3$ period with an amplitude of $0.^d0037$, and the other had a $62.^y8$ period with an amplitude of $0.^d0258$. The components had an approximate 1:3 relation between their periods and a 1:7 ratio between their amplitudes. Two plausible mechanisms (i.e., the light-time effects [LTEs] caused by the presence of additional bodies and the Applegate model) were considered as possible explanations for the cyclical components. Based on the LTE interpretation, the minimum masses of 0.29 $M_{\odot}$ for the shorter period and 0.50 $M_{\odot}$ for the longer one were calculated. The total light contributions were within 5%, which was in agreement with the 3% third-light obtained from the light curve synthesis performed by Yang & Dai (2009). The Applegate model parameters show that the root mean square luminosity variations (relative to the luminosities of the eclipsing components) are 3 times smaller than the nominal value (${\Delta}L/L_{p,s}{\approx}0.1$), indicating that the variations are hardly detectable from the light curves. Presently, the LTE interpretation (due to the third and fourth stars) is preferred as the possible cause of the two cycling period changes. A possible evolutionary implication for the V700 Cyg system is discussed.

치어 주문모형에 관한 연구 (Ordering Model of Fingerlings in Aquaculture Farm)

  • 어윤양;송동효
    • 수산경영론집
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    • 제48권3호
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    • pp.47-59
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    • 2017
  • Fish mortality is the most important success factor in aquaculture management. To order fingerlings considering the effect of mortality is a important problem in aquaculture farm. This study is aimed to decision the number and size of fry in aquaculture farm. This study build the mathematical model that finds the value of decision variable to minimize total cost that sums up the fingerling purchasing cost, aquaculture farm operating cost and feeding cost under mortality constraint. The proposed mathematical model involve biological and economical variables: (1) number of fingerlings (2) fish growth rate (3) mortality (4) price of a fry (5) feeding cost, and (6) possible order period. Numerical simulation model presented here in. The objective of numerical simulation is to provide for decision makers to analyse and comprehend the proposed model. When extensive biological and cost data become available, the proposed model can be widely applied to yield more accurate results.

Prediction model for concrete carbonation depth using gene expression programming

  • Murad, Yasmin Z;Tarawneh, Bashar K;Ashteyat, Ahmed M
    • Computers and Concrete
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    • 제26권6호
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    • pp.497-504
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    • 2020
  • Concrete can lose its alkalinity by concrete carbonation causing steel corrosion. Thus, the determination of the carbonation depth is necessary. An empirical model is proposed in this research to predict the carbonation depth of concrete using Gene expression programming (GEP). The GEP model was trained and validated using a large and reliable database collected from the literature. The model was developed using the six parameters that predominantly control the carbonation depth of concrete including carbon dioxide CO2 concentration, relative humidity, water-to-cement ratio, maximum aggregate size, aggregate to binder ratio and carbonation period. The model was statistically evaluated and then compared to the Jiang et al. model. A parametric study was finally performed to check the proposed GEP model's sensitivity to the selected input parameters.

병원서비스별 원가분석모형의 개발과 적용 (Development of a Hospital Service-based Costing System and Its Application)

  • 박하영
    • 보건행정학회지
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    • 제5권2호
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    • pp.35-69
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    • 1995
  • The managerial environment of hospitals in Korea characterized by low levels of medical insurance fees is worsening by increasing government regulations as to the utilization of medical services, rising costs of labor, material, and medical equipments, growing patient expectations concerning the quality of services, and escalating competitions among large hospitals in the market. Hospitals should seek for their survival strategies in this harsh environment and they should have information about costs of their products in doing so. However, it has not been available due to the complexity of the production process of hospital services. The objectives of this study were to develop a service-based cost accounting model and to apply the developed model to a study hospital to obtain cost information of hospital services. A model commonly used for the job-order product cost accounting in the manufacturing industry was modified for the use in hospitals in Korea. Actual costs, instead of standard costs, incurred to produce a unit of services during a given period of time were estimated in the model. Data required to implement the model included financial information, statistics for the allocation of supportive cost center costs to final cost centers, statistics for the allocation of final cost center costs to services, and the volume of each services charged to patients during a study period. The model was executed using data of a university teaching hospital located in Seoul for the fiscal year 1992. Data for financial information, allocation statistics fo supportive service costs, and the volume of services, most of them in electronic form, were available to the study. Data for allocation statistics of final cost center costs were collected in the study. There were 15 types of evaluation and management service, 2, 923 types of technical service, and 2, 608 types of drug and material service charged to patients in the study hospital during the fiscal year 1992. Labor costs of each of seven types of pesonnel, material costs of 611 types of drugs and materials, and depreciation costs of 212 types of medical equipments, miscellaneous costs, and indirect costs incurred in producing a unit of each services were estimated. Medical insurance fees for basic services such as evaluation and management of inpatients and outpatients, injection, and filling prescriptions, and for operating procedures were found to be set lower than costs. Infrequent services which use expensive medical equipments showed negative revenuse as well. On the other hand, fees for services not covered by the insurance such as CT, MRI and Sonogram, and for laboratory tests were higher than costs. This study has a significance in making it possible for a hospital to obtain cost information for all types of services which produced income based on all types of expenses incurred during a given period of time. This information can assist the management of a hospital in finding an effective cost reduction strategy, an efficient service-mix strategy under a given fee structure, and an optimum strategy for within-hospital resource allocations.

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사전압밀된 포화점토의 응력이력과 2차압밀에 관한 연구 (A Study on the Stress History and Secondary Compression of Saturated Clays Subjected to Precompression)

  • 김형주
    • 한국지반공학회지:지반
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    • 제10권4호
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    • pp.167-180
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    • 1994
  • 사전압밀된 포화점토의 응력이력이 2차압밀특성에 미치는 영향 및 Bjerrum모델이 과압밀점토의 2차압밀침하추정에 적용가능한지를 실험적으로 파악하기 위하여 재성형점토를 이용하여 재하-제하 및 재하-제하-재재하 응력이력의 조건에서 일련의 장기압밀시험을 실시하였다. 실험결과에 의하면 과압밀점토의 2차압밀침하는 전반부에서 응력이력의 영향을 받고 전반부의 2차압밀계수 Cn은 OCR(선행 압밀하중 Pcy재재하하중 Pr), 최대 OCR(선행압밀하중 Pcy제 하시의 하중 Pu)과,제하시간에 의존하며 과압밀비 증가에 따라 감소한다. 또한 2차압밀후반부 의 2차압밀계수 C.2는 OCR의 영향을 받으며 과압밀비 증가에 따라 감소한다. 최종적으로 실험 결과와 Bjerrum모델을 비교분석한 결과 임의 응력이력범위를 벗어나면 과압밀점토에서 Bjerrum모델의 적용은 가능하다.

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