• Journal of Distribution Science
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• v.17 no.4
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• pp.5-16
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• 2019

Purpose - This study examines whether price cartel firms perform downward earnings management to avoid or minimize penalty surcharges levied by the Korea Fair Trade Commission and analyzes such earnings management in distribution industry. Research design, data, and methodology - We use 247 firms from 64 price cartel cases in the period of 2011-2016, and collect data from 3 years before to 3 years after the start of price cartel. Earnings management is measured by discretionary accruals. Three discretionary accrual estimation models are employed; modified Jones model, ROA adjusted modified Jones model and CFO-adjusted modified Jones model. For pre- and post-cartel periods, one year, two year, and three year windows are used. Additional empirical analyses are performed for distribution industry sub-sample of 25 cartel firms. Result - The regression results show that cartel firms' discretionary accruals are significantly lower in the period after the start of price cartel than before. And discretionary accruals are lower in cartel firms than in non-cartel firms during the cartel period. Cartel firms in distribution industry also show the earnings management similar to those in other industries. Conclusions - These two findings lead to the conjecture that managers of cartel firms manage their earnings downward. This behavior is indistinguishable between firms in distribution industry and other industries.

• Journal of Microbiology and Biotechnology
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• v.14 no.2
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• pp.262-267
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• 2004

This study was done to observe the occurrence of heterotrophic bacteria in terms of free chlorine residuals in two different water distribution systems, which belongs to both K and Y water treatment plant of S city in Korea. The data analyzed in the distribution systems show that the free chlorine residuals decreased from 0.10 to 0.56 mg/l for K, and 0.51 to 0.78 mg/l for Y. The decay of free chlorine is clearly higher in both March and August than in January. The HPC in the distribution systems are ranged from 0 to 40 cfu/ml for K, 0 to 270 cfu/ml for Y, on $R_2$A medium. In particular, its level is relatively high at the consumer's ground storage tanks, taps, and the point-of-end area of Y. The predominant genera that were studied in the distribution systems were Acinetobacter, Sphingomonas (branch of Pseudomonas), Micrococcus, Bacillus, Staphylococcus. The diversity of heterotrophic bacteria increases in the end-point area. Most of them are either encapsulated cells or of Gram-positve cocci. In conclusion, the point-of-end area in distribution systems shows the longer flow distance from the water treatment plants, along with a greater diversity and a higher level of heterotrophic bacteria, due to the significant decay of free chlorine residuals.

• Journal of Korean Society on Water Environment
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• v.33 no.3
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• pp.359-369
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• 2017

Water distribution systems supply drinking water to consumers' taps. Internal corrosion of metallic pipe used in drinking water distribution systems has reduced water quality and led to increased levels of toxic heavy metals such as lead, copper and nickel. These problems have been experienced to varying degrees by water utilities in many countries. North America has successfully managed and controlled pipe corrosion and corrosive water in water distribution system based on various policies, regulations and rules. Practical and engineering guidelines for evaluation of pipe corrosion and determination of treatment options are also provided to assist drinking water supplies. In addition, the corrosion mechanism in water distribution systems, such as the complex effects of physical and chemical parameters on the corrosion pipes has been improved to accurately predict corrosion rates of metallic pipes in actual water distribution systems. This paper reviews various regulations, policy statement, and treatment produces on controlling corrosion in drinking water distribution systems in US and Canada and then offers suggestion for management of corrosive water and pipe corrosion in drinking water distribution system in Korea.

• Journal of the Korea Safety Management & Science
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• v.22 no.1
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• pp.1-8
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• 2020

Maintenance of power distribution facilities is a significant subject in the power supplies. Fault caused by deterioration in power distribution facilities may damage the entire power distribution system. However, current methods of diagnosing power distribution facilities have been manually diagnosed by the human inspector, resulting in continuous pole accidents. In order to improve the existing diagnostic methods, a thermal image analysis model is proposed in this work. Using a thermal image technique in diagnosis field is emerging in the various engineering field due to its non-contact, safe, and highly reliable energy detection technology. Deep learning object detection algorithms are trained with thermal images of a power distribution facility in order to automatically analyze its irregular energy status, hereby efficiently preventing fault of the system. The detected object is diagnosed through a thermal intensity area analysis. The proposed model in this work resulted 82% of accuracy of detecting an actual distribution system by analyzing more than 16,000 images of its thermal images.

• Journal of Educational Research in Mathematics
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• v.22 no.2
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• pp.117-136
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• 2012

The goal of this study is to investigate a didactic transposition method of text books and high school students' understanding for the Normal Distribution. To accomplish this goal, framework descriptors were developed to analyse the didactic transposition method and interpret the students' understanding based on the Historico-Genetic process of the Normal Distribution, the meaning of the Normal Distribution as a scholarly knowledge and the results of previous studies on students' understanding for the Normal Distribution. This study presented several recommendations for instruction of the Normal Distribution according to the results of analysing the didactic transposition method and interpreting the students' understanding in terms of the developed framework.

• Journal of the Korea Society of Computer and Information
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• v.5 no.4
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• pp.200-210
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• 2000

Distribution Activity for customer is preferred at Physical distribution system in e-commerce, so fast delivery and low distribution cost determine the core competency of enterprise. Because there is no cooperative system between with distribution centers in traditional distribution system, it is difficult to optimize the system. The purpose of this paper is to propose a cost structure model for multi-stage distribution system, which is used for determination of joint lot size and optimal demand and transportation policy. It is expected to contribute to development of algorithm for joint distribution system, which is minimized the transportation cost by the result of this cost structure model.

• The Journal of Industrial Distribution & Business
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• v.5 no.3
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• pp.25-34
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• 2014

Purpose - This study aims to investigate Korean distribution enterprises' entry into the Chinese market. By studying Korean companies' strategy and current situation in the Chinese retail market and analyzing Lotte Mart's strategy, this study was aimed at identifying comprehensive strategies for Korean companies striving to expand in China's retail market. Research design, data, and methodology - A case study approach is used, focusing on the three northeastern provinces in China, and examining global firms' entry into the Chinese market. The study employed a direct survey and a literature review. Results - Korean distribution firms' entry into the overseas market is in the inception stage and it should be developed, considering its effects on the national economy and other industries. Conclusion - The cases of E-mart and Lotte Mart, representing Korean distribution firms, showed that they should not rely on scale to succeed in China. Both preliminary analysis and careful strategies are required to ensure success. Considering the high growth potential of the Chinese market, a management strategy that takes account of Chinese people's emotions was needed.

• Journal of Korea Foundry Society
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• v.5 no.2
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• pp.85-96
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• 1985

In order to investigate the effect of particle size and distribution of silica sand on the characteristics of investment, W/P ratio, setting time, temperature change during setting, setting expansion, thermal expansion and compressive strength of the investments were measured. In this experiment, magnesia clinker and mono ammonium phosphate were used as binder, and particle size and distribution of silica sand were classified for convinence into 10 categories. The main results obtained from this investigation were summerized as follows. 1. W/P ratio decreased with increase of particle size and evenness in distribution of sand grain. 2. Setting time decreased with increase of evenness in distribution of sand grain, and temperature during setting increased with evenness in distribution of sand grain. 3. Setting expansion decreased with increase of particle size, while it increased with evenness in distribution of sand grain. 4. Thermal expansion decreased with increase of particle size. 5. Compressive strength increased with increase of particle size and evenness in distribution of sand grain. From above results, G.F.N. 250 sand which contains 30% of 50-100 mesh could be recommended for investment casting.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.41 no.2
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• pp.117-132
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• 2018

There always exist nonzero inspection errors whether inspectors are humans or automatic inspection machines. Inspection errors can be categorized by two types, type I error and type II error, and they can be regarded as either a constant or a random variable. Under the assumption that two types of random inspection errors are distributed with the "uniform" distribution on a half-open interval starting from zero, it was proved that inspectors overestimate any given fraction defective with the probability more than 50%, if and only if the given fraction defective is smaller than a critical value, which depends upon only the ratio of a type II error over a type I error. In addition, it was also proved that the probability of overestimation approaches one hundred percent as a given fraction defective approaches zero. If these critical phenomena hold true for any error distribution, then it might have great economic impact on commercial inspection plans due to the unfair overestimation and the recent trend of decreasing fraction defectives in industry. In this paper, we deal with the same overestimation problem, but assume a "symmetrical triangular" distribution expecting better results since our triangular distribution is closer to a normal distribution than the uniform distribution. It turns out that the overestimation phenomenon still holds true even for the triangular error distribution.

• The Journal of Fisheries Business Administration
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• v.34 no.1
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• pp.9-30
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• 2003

This paper tries to suggest a rational proposal for the distribution of compensation of common property fisheries damages caused by a large scale coastal reclamation. For the purpose the paper introduces the approach of alternative cost of the use of fishing ground. The background of the paper is the legal conflict between tenants and non-tenants, both of whom are common owners of seaweed cultivation ground, in the distribution of compensation for damages. In principal, so far as the seaweed cultivation right is a common property of the fishing association, the compensation is also a common property of it. Therefore the distribution method of the compensation entirely depends on the decision of the association. But in case that the numbers of non-tenants is larger than those of tenants, the distribution of the compensation is usually unfavorable to the tenants even though the latter is the key contributor to the realization of present value of the common property. The paper aims to show an appropriate distribution method based on the economic principle of optimal distribution. In others words, the value added to the economic value of alternative use of the fishing ground should be distributed to the tenants. the value amount of alternative use of the fishing ground should be equally distributed to the members of the association.