• International Journal of Contents
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• v.11 no.1
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• pp.31-40
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• 2015

This paper primarily intends to explore whether smartphones accelerate the customer education paradox. Smartphone usage is becoming a mainstream habit, and it is changing people's shopping experience and conventional practices, hence presenting new challenges to the market. A smartphone affects customers strongly when they are trying to choose a product/service among a variety of options, and making purchase decisions. With smartphones bringing such changes and challenges to the market, especially to the companies and stores, it is important to understand market trends in order to retain the loyalty of existing customers as well as to attract new buyers. Therefore, companies and stores should offer enhanced and better technical service quality, along with the use of tools such as QR codes. Further, mobile based websites would offer a suitable approach in assisting customers using smartphones to obtain better information of greater value. The results of this study imply that there is an opportunity for organizations to design various methods of imparting customer education by using smartphones, such as loading applications on a smartphone that lead to more information with good quality and present real benefits regarding the products/services.

• Proceedings of the KIEE Conference
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• 2005.07a
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• pp.804-806
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• 2005

In this paper, a new probabilistic generation modeling method which can address the characteristics of changed electricity industry is proposed. The major contribution of this paper can be captured in the development of a probabilistic generation modeling considering generator maintenance outage and in the classification of market demand into multiple demand clusters for the applications to electricity markets. Conventional forced outage rates of generators are conceptually combined with maintenance outage of generators and, consequently, effective outage rates of generators are new iy defined in order to properly address the probabilistic characteristic of generation in electricity markets. Then, original market demands are classified into several distinct demand clusters, which are defined by the effective outage rates of generators and by the inherent characteristic of the original demand. We have found that generators have different effective outage rates values at each classified demand cluster, depending on the market situation. From this, therefore, it can be seen that electricity markets can also be classified into several groups which show similar patterns and that the fundamental characteristics of power systems can be more efficiently analyzed in electricity markets perspectives, for this classification can be widely applicable to other technical problems in power systems such as generation scheduling, power flow analysis, price forecasts, and so on.

• Journal of Distribution Science
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• v.10 no.9
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• pp.13-21
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• 2012

Purpose - Korean traditional markets are falling behind the times, because they have not met the demands of social changes including: an overall improvement in standards of living, shift in purchasing form and propagation of cars. It is one of the most indigenous and conventional foods of Korea, taking a seat far in the corner of Korean traditional culture. Research design / data / methodology - Korean traditional rice cakes however have their limits. They are produced and sold by independent shop owners who cannot compete with the brand power of franchise organizations. The leadership of adminstration is needed for these shop owners particularly in visual merchandising related to interior design and display. Results - Additionally, the advent of major company-run rice cake cafe adds fresh fuel to the problem in addition to small but luxurious packaging. Small business owners need packaging technology for overall quality improvement of sales of rice cakes. Additional help is needed with the mode of packing to promote sales and win consumer confidence. Conclusions - Further assistance with marketing for seasonal displays is needed as well as teaching business owners how to read graphic data. Regular specialized education for visual merchandising of rice cakes could help independent market owners win the competition against franchise-based organizations.

• Journal of Haehwa Medicine
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• v.20 no.2
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• pp.141-153
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• 2012

Nowadays, the humankind's lives are affluent enough and the modern medical cure systems have made the humans' lives much longer. In spite of the modern medical development, the chronic & regressive diseases are rapidly increasing ironically. In this regards, many countries endeavoring to rely on the traditional or CAM instead of Conventional and Modern Medicines. The late Steve Jobs who sought for the natural therapy for his pancreatic cancer was one representative example. Every countries are investing huge amount of money to become the leader in the CAM market. Moreover, by preoccupying the world-wide standards, each country is trying to grab the market monopoliy. In this thesis, I examined several coutries' CAM markets and their CAM development strategies. These strategies should be considered for the KTM development Strategy. Fortunately, KTM has doing the main role in the Korean CAM development strategy. But to become the world leader in CAM market, the governmental committee should be established and the Financial Investment and Aid Program should be followed. It is very important to obtain the world standards. To do so, the R&D capability should be enhanced also. The world trends in CAM should be scrutinized and the Government Agency - Scholartic Group - Research institute have to cooperate for the same target.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.51 no.8
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• pp.379-384
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• 2002

In the competitive electricity market, various pricing methods are developed and practiced in many countries. Among these pricing methods, marginal loss factor(MLF) can be applied to reflect the marginal cost of network losses. For the calculation of MLF, power flow method has been used to calculate system loss deviation. However, this power flow method shows some shortcomings such as necessity of regional reference node, and absence of an ability to consider network constraints like line congestion, voltage limit, and generation output limit. The former defect might affects adversely to the equity of market participants and the latter might generate an inappropriate price signals to customers and generators. To overcome these defects, the utilization of optimal power flow(OPF) is suggested to get the system loss deviation in this paper. 30-bus system is used for the case study to compare the MLF results by the power flow and the OPF method for 24-hour dispatching and pricing, Generator payment and customer charge are compared with these two methods also. The results show that MLF by OPF reflects the power system condition more faithfully than that of by the conventional power flow method

• International Journal of Railway
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• v.6 no.1
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• pp.26-31
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• 2013

Following the success of the KTX (Korea's first high-speed rail system) with a maximum operating speed of 300 km/h opened in 2004, experts in Korea started a research on the development of key technologies for high-speed rail (HSR) with a top speed of 500 km/h. This paper is a preliminary analysis of the research. It first reviews HSR experiences around the world, in terms of traffic and economic impacts of HSR, and presents a preliminary analysis of 500 km/h HSR in Korea. It is estimated that introduction of 500 km/h HSR with a 54% of travel time reduction will increase HSR passengers to about 9.8 million (about 78% of market share) between Seoul and Busan. It is a 23% of growth compared to the base scenario. Along with conventional rail passengers, air passengers are expected to be significantly impacted by the 500 km/h HSR. As a function of HSR travel time, the estimated market shares of both KTX and 500 km/h HSR compared to air are very comparable with previous international experiences. Based on the forecasted traffic, estimated total benefits are $758 million per year.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.9
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• pp.542-549
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• 2003

In this paper, a novel approach to generator maintenance scheduling strategy in competitive electricity markets based on non-cooperative dynamic game theory is presented. The main contribution of this study can be considered to develop a game-theoretic framework for analyzing strategic behaviors of generating companies (Gencos) from the standpoints of the generator maintenance-scheduling problem (GMP) game. To obtain the equilibrium solution for the GMP game, the GMP problem is formulated as a dynamic non-cooperative game with complete information. In the proposed game, the players correspond to the profit-maximizing individual Gencos, and the payoff of each player is defined as the profits from the energy market. The optimal maintenance schedule is defined by subgame perfect equilibrium of the game. Numerical results for two-Genco system by both proposed method and conventional one are used to demonstrate that 1) the proposed framework can be successfully applied in analyzing the strategic behaviors of each Genco in changed markets and 2) both methods show considerably different results in terms of market stability or system reliability. The result indicates that generator maintenance scheduling strategy is one of the crucial strategic decision-makings whereby Gencos can maximize their profits in a competitive market environment.

• Proceedings of the Korea Contents Association Conference
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• 2008.05a
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• pp.846-850
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• 2008

Technologies related to sealed-type ultrasonic sensors and driving circuit modules for them are the key elements for intelligent robot industry. Those technologies are believed to yield a drastic enhancement of the performance measuring distances in the intelligent robot systems. Modulization technologies of ultrasonic sensors are expected to develop ASIC and MEMS technologies in the future. The size of domestic market for sealed-type ultrasonic sensor modules is expected to grow to 1 billion and 5.72 billion Won by 2008 and 2012, respectively. Recent interest to service robots and government-driven programs are promoting the rapid growth of the market for the service robots. Successful application of the sealed-type ultrasonic modules to the service robots is expected to replace the conventional photo-sensors in a near future.

• Journal of Korean Society of Rural Planning
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• v.28 no.4
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• pp.31-39
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• 2022

This study empirically analyzed the welfare effect of the military purveyance program, which plays an important role in maintaining the sales channel and demand base in Korea's agricultural and livestock industry, as well as the stable supply of safe ingredients for military meals essential for the morale and combat power of soldiers. The military purveyance program causes additional demand for domestic livestock products, affecting the trading volumes and price levels in the market. This will change the welfare of producers and consumers, and affect the welfare of soldiers who are subject to military meals. The analysis results obtained through a simulation method based on the equilibrium displacement model are as follows. In the case of pork delivered for military service, producer surplus increased by KRW 55.3-62.2 billion and consumer surplus decreased by KRW 55.1~62.0 billion based on pork production in 2021. It wad analyzed that the consumer surplus in the military supply market, rather than the conventional market, increased by KRW 96.9 billion won, resulting in a total welfare gain of KRW 97.1 billion.

• KIEE International Transaction on Electrical Machinery and Energy Conversion Systems
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• v.5B no.2
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• pp.111-117
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• 2005

Several of the conventional hydraulic systems in an automobile are now being replaced by more reliable and energy efficient electromechanical systems. Developments in the brushless permanent magnet machine and in the power and control electronics are the key factors responsible for this transformation. These applications brought out some performance challenges associated with the brushless machines. This paper will focus on these challenges to be able to use these machines in such applications. In terms of replacing hydraulic systems with electromechanical systems, steering system is leading the way in automobiles. Currently, steering systems using Electro-hydraulically assisted systems and Electrically assisted (Electromechanical) systems are in the market. Though the Electrically assisted power steering has several advantages over other systems, certain performance and cost challenges delayed the penetration of such systems in to the market.