• Korean Institute of Interior Design Journal
• /
• v.15 no.6 s.59
• /
• pp.139-149
• /
• 2006

Because of economic growth and the social trend to respect individuality, people's average commodity volume tends to increase. It makes people perceive the importance of storage space. The storage planning without consideration of commodity volume in the apartment can not satisfy the needs of residents. This study is developed focused on the $85m^2$ apartment which is the most representative and general type. The objectives of the study are to investigate the storage-capacity of $85m^2$ apartment offered by 4 construction companies to know the present storage condition, to investigate the average volumes and type of commodities in 30 families located in Seoul and Kyungkido to produce the necessary storage-capacity, and lastly to produce optimal storage-capacity and proportion of optimal storage-capacity considering the volume of the furniture owned by each resident. The results of the study are 1) the storage capacity for commodity volume in $85m^2$ apartment is $19.41m^3$. 2) the optimal storage-capacity which only counts the storage volume of built-in furniture is $17.14m^3$ 3) the proportion of optimal storage-capacity is 9.5% of the house-capacity.

• Journal of Korea Trade
• /
• v.23 no.2
• /
• pp.34-45
• /
• 2019

Purpose - This study investigates the lead-lag relations between the prices of major commodities imported into Korea and corresponding shipping freight rates. This paper aims to provide implications for cross-market causal relations between related economic segments. Design/Methodology - For economic long-run equilibrium between commodity prices and freights, a Johansen (1988) cointegration test is employed first. Then, Granger (1987) causality tests are performed under the vector error correction model (VECM) framework. Findings - The results indicate that the direction of causality varies by raw materials, which is attributable to different economic mechanisms in the corresponding shipping transportation sectors. In addition, the significance of causality becomes blurred during the post-2008 period. Practical Implication - Corporate managers in commodity trading, steelmaking, power generation, and oil refinery sectors can take advantage of the findings in this study as identifying leading economic indicators can be helpful for decision making in both short- and long-term strategies. Originality/value - This study is the first attempt to analyze the inter-relations between commodity prices and corresponding freight rates focusing on raw material imports of Korea.

• Journal of the Society of Disaster Information
• /
• v.15 no.4
• /
• pp.531-539
• /
• 2019

Purpose: The purpose of this study is to present the commodity classification method of domestic rack-type warehouse for sprinkler system design. Method: On-site surveys and classification criteria of the NFPA, FMDS, EN and Japan were analysed and ISO 12949 test were carried out with proposed each classification commodity. Result: Based on a heat of combustion, a classification method for extra high, high, medium and low are proposed. Conclusion: Sprinkler design criteria to secure the maximum extinguishing strength for each class of commodity need to be applied.

• Journal of the Korean Society of Costume
• /
• v.59 no.5
• /
• pp.83-100
• /
• 2009

In the 'Society of the Spectacle', Guy Debord argued that modern life was dominated by the commodity form and the false desires it engendered. He predicted in 1967 that culture would become the driving force in the development of the economy by the end of the century, He was sure when culture becomes nothing more than a commodity, it must also become the star commodity of the spectacular society. Fashion, the starriest of star commodities with its seductive fantasy approaches to the viewers occluding the commercial reality. From this point, the spectacular property of the modern fashion can be found. This study starts on the notion that the modern fashion is on the center of capitalist consumer culture and is constructed by spectacle. On this premise, the purpose of this study is analysing the attribute of 'spectacle' and 'keeping distance ￡Tom spectacle' in modern fashion expressed in fashion show, fashion media and fashion store. The fashion houses in the 1990s that recognised the commercial value of shock and spectacle were eager to employ young spectacularly visible named designers. They generated the publicity necessary for sales of perfume, cosmetics, bags and diffusion range of clothes through the visible fashion show and fashion media. In the fashion show and fashion media, fashion goods as the commodity both flaunts and disguises its commercial nature in spectacle. The spectacle on the fashion store is the process turning the commodity into image to arouse viewer's higher interest. In the fashion store, the appearance of the commodity such as space, display, package is considered more importantly than its 'utility value'. Meanwhile, the study also covered the innovative trial to evade the ubiquitous 'spectacle' in fashion area.

• Proceedings of the Korea Society of Design Studies Conference
• /
• 2002.05b
• /
• pp.36-37
• /
• 2002

• Journal of Korea Trade
• /
• v.27 no.5
• /
• pp.167-198
• /
• 2023

Purpose - This paper aims to compare and analyze the co-movements and information spillover effects between the international commodity futures markets and the South Korean stock markets during the COVID-19 and the 2008 financial crises. Design/methodology - The DCC-GARCH model is used in the co-movements analysis. In contrast, the BEKK-GARCH model is used to evaluate information spillover effects. The statistical data used is from January 1, 2005, to December 31, 2022. It comprises the Korea Composite Stock Price Index data and daily international commodity futures prices of natural gas, West Texas Intermediate crude oil, gold, silver, copper, nickel, soybean, and wheat. Findings - The results of the co-movement analysis were as follows: First, it was shown that the co-movements between the international commodity futures markets and the South Korean stock markets were temporarily strengthened when the COVID-19 and 2008 financial crises occurred. Second, the South Korean stock markets were shown to have high correlations with the copper, nickel, and crude oil futures markets. The results of the information spillover effects analysis are as follows: First, before the 2008 financial crisis, four commodity futures markets (natural gas, gold, copper, and wheat) were shown to be in two-way leading relationships with the South Korean stock markets. In contrast, seven commodity futures markets, except for the natural gas futures market, were shown to be in two-way leading relationships with the South Korean stock markets after the financial crisis. Second, before the COVID-19 crisis, most international commodity futures markets, excluding natural gas and crude oil future markets, were shown to have led the South Korean stock markets in one direction. Third, it was revealed that after the COVID-19 crisis, the connections between the South Korean stock markets and the international commodity futures markets, except for natural gas, crude oil, and gold, were completely severed. Originality/value - Useful information for portfolio strategy establishment can be provided to investors through the results of this study. In addition, it is judged that financial policy authorities can utilize the results as data for efficient regulation of the financial market and policy establishment.

• Proceedings of the Korea Contents Association Conference
• /
• 2006.05a
• /
• pp.466-469
• /
• 2006

Nowadays, we make an attempt for media conversion from old to new media, carrying out to information society. These changes to new media are considered as new threat to printing media. New means such as CAD(Computer Aided Publishing), on-line novel and webzine can be regarded as new media and we are confronted with need of new changes in the field of printing media because of the trend of the present. It suggests that the origin of commodity competitiveness depends on the ability of cultural Contents using design. Cultural commodity is considered as strategy concepts in the more specific and realistic aspect than in the aspect of industrialization. This study introduce the case of Cellpark Co.,Ltd. which has successfully developed commodity design of World-cup cultural contents as a creating tools of innovative value connecting existed design method based on printing media with new method. This study gave the case which created Blue Ocean market through new expression method of design, products protection of contents design by patent registration, and licensing which many design firms often overlook.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.20 no.43
• /
• pp.25-36
• /
• 1997

The purpose of this paper is to structure a new integrated model that can minimize the total cost for the transportation and inventory systems between m origin points, where origin i has a supply of a commodity, such as distribution centers or warehouses, and n destination points, where destination j requires the commodity. In this case, demands of the destination points are assumed random variables which have a known probability distribution. We will find optimal distribution centers which transport the commodity to the destination points and suggest optimal inventory policy to the selected distribution center which find the optimal pair $$ and safety stock level that minimize total cost with back-ordered case. This new model is formulated as a 0-1 nonlinear integer programming problem. To solve the problem, this paper proposes heuristic computational procedures and program and provides numerical examples.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• v.13 no.2
• /
• pp.619-634
• /
• 2019

In the field of traceability systems, researchers focus on applications in the agricultural food traceability and scanning commodities. The purposes of this paper, however, is to propose an efficient and reliable traceability system that can be applied to all kinds of commodities. Currently, most traceability systems store data in a central server, which is unreliable when the system is under attack or if the administrator tampers with the data for personal interests. Therefore, it is necessary to design a system that can eliminate these threats. In this paper, we propose a decentralized and non-reversible traceability system for storing commodity data. This system depends on blockchain technology, which organizes data in the form of chains without a central server. This chain-style storage mechanism can prevent malicious modifications. In addition, some strategies are adopted to reduce the storage pressure and response time when the system has stored all kinds of commodity data.

• The Research Journal of the Costume Culture
• /
• v.15 no.5
• /
• pp.760-769
• /
• 2007

Cultural commodity is a tourism souvenir for tourists with a high added value in terms of economy. When it excellently represents the region and is based upon its tradition, the positive images of the place can be originated. In this way, the formation of benevolent images has economically considerable effects that can promote the competitive power of the area. The purpose of this study is to develop the pattern design of cultural commodity related to Hampyeong Butterfly Festival. The software to be used is Adobe illustrator CS2, which is a Vector Graphic software, and by utilizing the program, the pattern for the cultural goods will be produced. The forms of the pattern are All over Pattern, which is one of the arrangement methods used the most in a necktie field, and Stripe Pattern. After designing with those two patterns, the design is applied on neckties. Like this, by designing through the Vector Graphic software which we can easily get an access to, the concept of design is visualized; therefore, we can prevent the commodity development that can be conducted out of the concept. By making it possible to visualize the examination by various forms or color mixture, the time is shortened, and throughout reproduction of the object, adjustment of the size, colorway, and reusing or remanufacturing the image, we can check the result of design before hand to reduce the time and expenses required.