• 산업경영시스템학회지
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• 제38권1호
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• pp.124-130
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• 2015

In many inventory situations, items for sales are generally stocked in a multiple of variations called stockkeeping units, such as size, color, style, and so on. For better management performance on sales items, proper and effective management is necessary for the stockkeeping units. In dealing with many items and those stockkeeping units, individual inventory analysis for each stockkeeping unit needs large amount of time or cost. Also the individual approach in inventory planning increases the demand variation of an item as the result by combining of demand variations of all stockkeeping units, accordingly the inventory turnover ratio and profitability are dropped down. This research suggests an effective method of systematic control of total stockkeeping units by generating from the total item basis, and shows how to reduce the safety stock and the average inventory with attaining a planned customer fill rate of the item and each stockkeeping units.

• The Journal of Asian Finance, Economics and Business
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• 제7권5호
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• pp.1-7
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• 2020

This paper investigates the determinants on decision to conduct seasoned equity offerings (SEOs) of listed companies on the Ho Chi Minh Stock Exchange in Vietnam. Seasoned equity offerings (SEOs) are defined as the issue of more stocks by a firm to raise more capital after a primary issue. Using panel data collected from audited financial statements of 99 listed companies on the Ho Chi Minh Stock Exchange during 2014-2018, the study employs a logit regression model by fixed effects method to examine factors that affect the decision to implement seasoned equity offerings of those companies. The findings of this study show that profit, revenue growth and company's size have a positively significant impact on the decision, while dividend pay-out ratio negatively significantly influences the equity issuing decision. Furthermore, these results are robust after controlling for the forms of equity offerings, i.e. bonus stocks, stock dividends and rights to buy shares. These findings are consistent with economic theories such as agency theory, pecking order theory, and growth opportunity theory, and also could be explained by the real situations of the Vietnamese stock exchange. This study has important implications for corporate managers, policy makers and investors.

• 대한안전경영과학회지
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• 제6권2호
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• pp.263-274
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• 2004

The foreign capital of appropriate scale is affirmative in stabilizing the domestic foreign exchange and stock market. But its excessive scale threatens corporate governance by a hostile M&A and causes the out-flow of national wealth and the unhealthiness of finn because foreign investors require high dividend through the superiority of stock ownership ratio. Therefore, the government and corporate must make the defensive countermeasure of corporate governance for the foreign capital immediately.

• 토지주택연구
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• 제11권1호
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• pp.59-66
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• 2020

This thesis investigates relationship between Stock-to-Flow price and housing starts in Seoul metropolitan form 2008 year to 2019 year. The paper tests the relationship through two time-series models such as a vector error correction model and Dynamic Panel regression model. The model results show evidence of positive correlation between Stock-to-Flow price and housing starts in the long run. By transforming the regional data into a panel data set and running a fixed effects model, we test the explanatory power of PBR on housing starts. The result of VECM confirms that one unit uprising PBR raises up apartment construction by 7.4%. This result supports that PBR is a major factor in choosing a start of housing construct. Base on the result of empirical model, We also suggest that the market self-regulation function of housing providers is operating in the entire metropolitan area market.

• 한국식품영양학회지
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• 제4권2호
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• pp.133-140
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• 1991

This study was designed to investigate age-related changes in body composition and cell mediated immunity. Male Sprague-Dawley rats were fed stock diet ad libitum and 12 rats were sacrified at 1, 4, 6, 12 months of age. Body weight Increased sharply from 1 to 4 months. and Increased steadily thereafter. The weights of liver, epididymal fat pads, and kidney increased in similar pattern as body weight, but their relative ratio to body weight decreased with age. The ratio of epididymal fat pads to body weight increased with age. The weight of extensor digitorium longus, coleus and plantaris increased from 1 to 4 months, but it decreased at 6, 12 months. The protein content of muscles decreased or increased through- out 12 months. The T cell proliferation response to Con A stimulation was significantly lower at 6 months than 1 month and lower at 12 months than 6 months.

• 펄프종이기술
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• 제38권3호
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• pp.72-78
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• 2006

The extraction properties of the biological waste originated from the Tobacco industry were evaluated. The biological waste have been recycled and transformed into a valuable material, so called a reconstituted tobacco sheet(Recon) by the papermaking process. In this process, The mechanical extraction process, which divides the mixed raw material slurry into the soluble stock and the insoluble stock, could affect not only the quality of final Recon product but also the productivity of whole Recon making process. This study investigated the effects of the extraction process on the slurry properties in detail. In order to quantify the amounts of the solubles which resided in the insoluble fibers, the washing treatment of the stock before and after squeezing process was applied. The amounts of the residual solubles showed little changes according to each stage of the extraction process. The fractionation of the slurry showed the difference in the amount of soluble in the stock depending on the size of the biological waste. After the extraction process, the bigger size fiber portion contained about 19%(by weight) in soluble after pressing but the smaller size fiber portion 9% in soluble. The fractionation ratio of the stocks also was changed by the screw press process, which could demonstrate the physical effects of the mechanical extraction.

• 응용통계연구
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• 제25권1호
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• pp.15-27
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• 2012

본 논문에서는 KOSPI 시가총액기준 상위 4종목(삼성전자, 현대차, 현대모비스, POSCO)의 고빈도 거래 데이터를 바탕으로 일중 수익률의 실현변동성과 시장미시구조잡음에 대해 연구한다. Volatility signature plot을 통해 실현변동성(Realized Variance; RV)과 편의수정 실현변동성($RV_{AC_1}$)의 편의를 확인하고 시장미시구조 잡음의 특징을 실증적으로 파악한다. 또한, 잡음 대 신호비(Noise-to-Signal Ratio; NSR)를 사용하여, 평균제곱오차(Mean Square Error; MSE) 기준의 실현변동성(RV)과 편의수정 실현변동성($RV_{AC_1}$)의 최적 추출 빈도수를 추정해본다.

• 한국환경과학회지
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• 제10권4호
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• pp.253-258
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• 2001

A macroeconomic minimodel was simulatedto suggest the public for sustainable us of Nakdong River Basin. The minimodel for the simulation shows the interrelationships between natural environment and economic activity. Topsoil, water, economic assets, and money stock are plotted for 300 years, beginning with 1996 in each simulation. The computer simulation runs suggest that the Nakdong River Basin system in the near future may strongly be influenced by the favorable availability of outside resources, while the economic assets and money stock may be declined by indigenous environmental stock depletion. The simulation run made under the constant decrease in systems purchased inputs with investment ratio of developed country and for sustainable use. The results of simulation shows the recover of natural environment and decrease of economic activity under these condition. Therefore, the economic structure of Nakdong River Basin should be transformed from the present industrial structure to the social-economic structure based on an ecological-recycling concept which depend on renewable resources rather than industrial structural which depend on outside resources.

• 한국융합학회논문지
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• 제6권4호
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• pp.127-132
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• 2015

본 연구는 한국 주식시장에서 가치투자 전략과 연계해 모멘텀 투자전략의 유효성을 분석하였다. 본 연구는 2001년~2014년 동안 한국 주식시장의 상장기업의 주가 및 재무자료를 실증 분석해, 과거 승자 주를 매수하고 패자 주를 매도하는 모멘텀 투자전략과 장부가/시가 비율이 높은 가치주를 매수하고 장부가/시가 비율이 낮은 글래머주를 매도하는 가치 투자전략의 유효성이 기간별로 서로 다르며, 전체 분석기간에 걸쳐 역(-)의 상관관계가 있음을 관찰하였다. 또한 Fama and French[1]가 개발한 3 요인 회귀분석 모형을 추정해, 모형의 절편이 유의적인 양(+)의 값으로 추정됨을 관찰함으로써, 역(-)의 상관관계로 인해 상호 대체관계에 있는 모멘텀 투자전략과 가치 투자전략을 하나의 시스템으로 분석할 때, 모멘텀 투자전략이 세계 주요 증권시장에서와 마찬가지로 한국 증권시장에서도 유효함을 분석하였다.

• 경영과정보연구
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• 제34권5호
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• pp.23-47
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• 2015

국내 주식시장 내 개인 투자자들은 주식거래를 장기적인 투자방안보다 단기 매매차익 실현 수단으로 인식하고 있어 시장의 투명성과 건전성을 강화하기 위한 주식 시장관리제도의 역할이 중요하다. 특히, 개인 투자자들은 금융정책에 의한 시장조치로 불확실한 상황에 직면하여 투자환경에 따라 동태적 의사결정에 영향을 받게 되므로 투자자 보호를 위한 시장조치의 실효성 여부를 투자자들의 반응과 행동변화를 통해 접근할 필요가 있다. 본 연구는 시장관리 조치(상장적격성 실질심사) 전후로 개인 투자자 집단의 유형 및 반응의 변화추이를 분석하고자 하였다. 분석을 위해, 상장적격성 실질심사 대상기업 중 텍스트 분석이 가능한 9개의 기업을 선정(2009년~2014년)한 후, 국내 주식 관련 소셜 미디어(종목 토론실)로부터 웹 크롤링을 통해 개인들의 메시지를 수집하였다. 사건 발생에 따른 개인 투자자들의 관심사(토픽)와 변화추이는 텍스트 클러스터링과 토픽모델링 방법을 활용하여 개인 투자자 유형을 투자자와 비투자자 집단으로 분류하여 분석하였다. 분석결과, 특정 주식 종목 내 다양한 이해관계자 형태가 존재하며, 실질심사 대상 선정 전후로 비투자자 유형은 감소하고, 투자자는 시장 참여 유형에 따른 비중변화가 나타나는 현상을 발견하였다. 이러한 결과를 토대로 시장 조치에 따른 주식시장 내 제도의 영향을 시간(사건)경과에 따라 개인 투자자들의 반응변화를 통해 파악한 데 본 연구의 의의가 있다.