• Journal of Institute of Control, Robotics and Systems
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• v.11 no.11
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• pp.956-962
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• 2005

This paper presents an integrated analysis of production and financing decisions. We assume that a cash storage unit is installed to manage the cash flows related with production activities such as raw material procurement, process operating setup, Inventory holding cost and finished product sales. Temporarily financial investments are allowed for more profit. The production plant is modeled by the Batch-Storage Network with Recycle Streams in Yi and Reklaitis (2003). The objective function of the optimization is minimizing the opportunity costs of annualized capital investment and cash/material inventory while maximizing stockholder's benefit. No depletion of all the material and cash storage units is major constraints of the optimization. A novel production and inventory analysis formulation, the PSW(Periodic Square Wave) model, provides useful expressions for the upper/lower bounds and average level of the cash and material inventory holdups. The expressions for the Kuhn-Tucker conditions of the optimization problem can be reduced to two subproblems and analytical lot sizing equations under a mild assumption about the cash flow pattern of stockholder's dividend. The first subproblem is a separable concave minimization network flow problem whose solution yields the average material flow rates through the networks. The second subproblem determines the decisions about financial Investment. Finally, production and financial transaction lot sizes and startup times can be determined by analytical expressions as far as the average flow rates are calculated. The optimal production lot and storage sizes considering financial factors are smaller than those without such consideration. An illustrative example is presented to demonstrate the results obtainable using this approach.

• Management Science and Financial Engineering
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• v.14 no.1
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• pp.65-86
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• 2008

In this paper, we have considered the multicriteria quadratic plant location problem. In addition to the allocation costs, the maintenance costs of the plants are also considered. The objective functions considered in this paper are quadratic in nature. The given problem is reduced to the problem with linear objective function. The method of Fernandez and Puerto (2003) is applied to solve the reduced problem. It is illustrated with help of examples. The effect of the change in the allocation and maintenance costs on allocation of plants to the clients has also been discussed.

• Management Science and Financial Engineering
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• v.14 no.1
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• pp.91-96
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• 2008

Robust knapsack problem appears when dealing with data uncertainty on the knapsack constraint. This note presents a generalization of the cover inequality for the problem with its lifting procedure. Specifically, we show that the lifting can be done in a polynomial time as in the usual knapsack problem. The results can serve as a building block in devising an efficient branch-and-cut algorithm for the general robust (0, 1) IP problem.

• Journal of Korean Public Health Nursing
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• v.4 no.2
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• pp.79-99
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• 1990

This study was conducted to identify the family problems of the in-patients and to analize factors Influencing to the family problems. The subjects for this study were 277 family members those who were giving care for the adult patients during hospitalized in general wards at Seoul National University Hospital in Seoul. Data were collected through interviews with the questionnaire from September second to September twentieth in 1989. The instrument used for this study was the family problems scale which was developed by the researcher. Analysis of data was done by frequency, percent, mean, t-test, ANOVA, Pearson-Correlation Coefficients, and Stepwise Multiple Regression Analysis. The results of this study are summarized as follows: 1. General characteristics of the care-giver in family. The average age of care-givers was 37.9 years, and the $26.4\%$ of monthly Income of family was 310,000-500,000 won group. The $93.5\%$ of family had taken the responsibility of caring for the patients instead of hiring the care-givers, and the $12.3\%$of the care-givers complained weakning of health status during care giving for the patients. The spouse took the largest part of responsibility of the care-giving services to the patient among the family members. 2. General characteristics of the patients. The average age of patient was 47 years, and the $80.9\%$ of patient was married status. The $39\%$ of patient was father in the position of family, and the $41.5\%$ had the responsibility to support their family before hospitalization. The average hospitalization period of patient was 24.3 day and the $50.9\%$ had admission experience. 3. The factors of family problems which were faced by the family were classified into six problems. The factors of family problems were ranked as follows; the first rank problem was related to care-giving for the patients. the second problem was resulted from the patients diseases, the theirds problem was related with adaptation to the hospital enviroments, the fourth problem was related to the arisen conflicts with medical team. the fifth problem was related to the change of family function. and the sixth problem was the financial problem. 4. The relationship between the family problems and the general charateristics of the care-givers showed that the nuclear type family was higher the family problems, that the admission period of patients became longer, and that the family who had the worse condition of health status of the care givers during care giving for the patients. From the above results, it was confirmed that the family care giving for patients was faced with some problems resulted from patient's illness, relation to the medical team, adaptation to the hospital enviroment, financial problem. change of family function, and care-giving for patients.

• Journal of the Korean Home Economics Association
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• v.30 no.4
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• pp.183-202
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• 1992

This study was undertaken to evaluate the living condition and the reality of visiting part-time workers through the survey. On the matter of living condition, the most difficult problem is financial problem followed by residential problem. On the matter of female's household labor, there was a considerable difference according to the houseband's age and academic background, and family monthly income. On the question of family relationship, it was found that there was rare communication between children and father because father was rigid to talk with. In the case of mother and children, they could not find time to talk with each other. In the group of the old aged, they work to make their living. On the other hand, in the group of younger generations and the higher educated, they replied that they should work whatever the work is. It was found that they were subjected to their work because of their financial situation and that they were under the double yoke of family and work because there were no legal protection and organizational devices.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.791-800
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• 2021

Along with the trend of financial globalization, Vietnam has undergone a process of increasing financial integration. The great capital inflow poses a problem for the monetary policy's ability to follow a planned target during the changes in the global financial markets. This paper aims to examine the impact of financial integration on monetary policy independence in Vietnam and investigate the role of foreign exchange reserves on this relationship. The research borrows from Mundell-Fleming's Trilemma theory. The results show that increasing financial integration reduces the independence of monetary policy in the short term, and foreign exchange reserves have not shown an apparent role in Vietnam. In addition, increasing exchange rate stability has a negative impact on the independence of monetary policy, but it has an impact on growing market confidence and partly supporting the management process of monetary policy in the short term. Therefore, in the long run, Vietnam needs to allow exchange rate flexibility more, but there should not be sudden changes; the size of foreign exchange reserves should be strengthened to facilitate the implementation of an independent monetary policy with an obvious impact in the context of an increasing scale of international capital flows in the future.

• Journal of Technology Innovation
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• v.25 no.4
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• pp.189-209
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• 2017

Financial institutions around the world, including financially advanced nations, widely operate a credit information sharing system to ease off information asymmetry between financial institutions and financial consumers. This study analyzed the credit problem data that is actually being shared among financial institutions in Korea, and classified credit problem data into three categories; Frequency, Period, Amount. In survival analysis, this study analyzed how different types of credit problem influence on survival period of companies. Next, in comparative analysis, this study verified a difference between start-up companies and existing companies on classified conditions of the credit problems. After conducting a survival and comparative analysis of the credit information of 449,579 companies of 8 years' actual information sharing in Korea, it showed that the number of the frequency of accidents showed a positive(+) correlation with the survival period. This provides contrary evidence to the financial institutions' risk policies that the number of the frequency of accidents is a negative factor. Furthermore, since the start-up companies that are under 7 years old show more positive aspect in the survival period than existing companies, it draws a policy implication that the credit information sharing system need to be improved by taking account of characteristics of the start-up companies.

• Management Science and Financial Engineering
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• v.14 no.2
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• pp.25-44
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• 2008

This paper concentrates on reduction of a Quadratic Fractional Integer Programming Problem (QFIP) to a 0-1 Mixed Linear Programming Problem (0-1 MLP). The solution technique is based on converting the integer variables to binary variables and then the resulting Quadratic Fractional 0-1 Programming Problem is linearized to a 0-1 Mixed Linear Programming problem. It is illustrated with the help of a numerical example and is solved using the LINDO software.

• Management Science and Financial Engineering
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• v.20 no.2
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• pp.1-5
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• 2014

The robust inventory control problem was proposed and solved by Bertsimas and Thiele (2006). Their results are very interesting in that the problem can be solved easily and also the solution possesses nice properties of those found in the traditional stochastic inventory control problem. However, their formulation is shown to be incorrect, which invalidates all of the results given there. In this paper, we propose an alternative formulation of the problem which uses a different but practically applicable uncertainty set. Under the newly proposed model, all of the useful properties given in Bertsimas and Thiele (2006) will be shown to be valid.

• Journal of Families and Better Life
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• v.24 no.1 s.79
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• pp.141-158
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• 2006

The purpose of this study was to investigate the changes of lives and problems of 'Kirogi'(or Wild Goose) fathers, who were called fathers in the 'Kirogi' families, South Korean families separated by an ocean. They almost sent too much money that were $50-100\%$ of their family income to the families abroad, and got economic pressures so severely. More or less, they sold their own real estates, moved to much smaller sized house. and often expended the saving money. Also, they had difficulties of taking care of their children and felt lonely very much. By the hand, they might experience the adaptation process through 3 stages-troubles, acception(or wandering or enjoy), adjust (or violation). They had three types of problems, that is, family relationship problem(the isolation), psychological problem(loneliness and self-control), economic problem (financial pressure and drop of economic status). They found the strategies to overcome these problems for themselves. Firstly, they took lots of methods like email, internet chatting, phone, etc. to communicate with their family everyday and made many events to strengthen the ties among families. Secondly, they got rid of stresses mainly by joining with their colleagues at work. Finally, they decided to lower the standard of living of their family in foreign country or tried to find their wives' jobs to prevent the financial hardship.