• Title/Summary/Keyword: Interest Rates

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Consumer Analysis for Increasing Occupancy Rates of Tourism Hotel

  • Gozaly, Jimmy
    • Industrial Engineering and Management Systems
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    • v.16 no.1
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    • pp.103-108
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    • 2017
  • Tourism is a sector that plays an important role in the economic growth of Indonesia. Bandung as the capital of West Java province is known as the city with diverse tourism potential, both in the attractiveness of the city and surrounding natural beauty. DHR is a three stars resort hotel in the city with a strategic location. As a three stars resort hotel, DHR has been experiencing occupancy rate problems, consequently, it cannot often reach the set targets, both during high season and low season. The purpose of this study is to identify the factors of hotel performance that influences consumer staying back decision in the future. Questionnaires have been distributed to hotel guests to gather information regarding their interest and the performance assessment of the hotel services and facilities, and staying back decision in the future. Discriminant Analysis and Hypothesis Testing are used to determine which hotel performance variables will directly affect consumer staying back decision. The result of this study provide marketing strategy that should be implemented by the hotel management in order to increase its occupancy rate.

A Material Simulation of High-Strain-Rate Deformation with Dislocations and Vacancies (전위 및 공공을 고려한 고변형률 변형에 대한 재료 시뮬레이션)

  • Choi, Deok-Kee;Ryu, Han-Kyu
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.28 no.9
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    • pp.1306-1313
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    • 2004
  • This paper addresses a theoretical approach to calculate the amount of the stored energy during high strain-rate deformations using atomistic level simulation. The dynamic behavior of materials at high strain-rate deformation are of great interest. At high strain-rates deformations, materials generate heat due to plastic work and the temperature rise can be significant, affecting various properties of the material. It is well known that a small percent of the energy input is stored in the material, and most of input energy is converted into heat. However, microscopic analysis has not been completed without construction of a material model, which can simulate the movement of dislocations and vacancies. A major cause of the temperature rise within materials is traditionally credited to dislocations, vacancies and other defects. In this study, an atomistic material model for FCC such as copper is used to calculate the stored energy.

A Study on Prediction of Traffic Volume Using Road Management Big Data

  • Sung, Hongki;Chong, Kyusoo
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.33 no.6
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    • pp.589-594
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    • 2015
  • In reflection of road expansion and increasing use rates, interest has blossomed in predicting driving environment. In addition, a gigantic scale of big data is applied to almost every area around the world. Recently, technology development is being promoted in the area of road traffic particularly for traffic information service and analysis system in utilization of big data. This study examines actual cases of road management systems and road information analysis technologies, home and abroad. Based on the result, the limitations of existing technologies and road management systems are analyzed. In this study, a development direction and expected effort of the prediction of road information are presented. This study also examines regression analysis about relationship between guide name and traffic volume. According to the development of driving environment prediction platform, it will be possible to serve more reliable road information and also it will make safe and smart road infrastructures.

ELLIPTIC SYSTEMS INVOLVING COMPETING INTERACTIONS WITH NONLINEAR DIFFUSIONS

  • Ahn, In-Kyung
    • Bulletin of the Korean Mathematical Society
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    • v.32 no.1
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    • pp.123-132
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    • 1995
  • Our interest is to study the existence of positive solutions to the following elliptic system involving competing interaction $$ (1) { -\partial(x,u,\upsilon)\Delta u = uf(x,u,v) { - \psi(x,u,\upsilon)\Delta \upsilon = \upsilon g(x,u,\upsilon) { \frac{\partial n}{\partial u} + ku = 0 on \partial\Omega { \frac{\partial n}{\partial\upsilon} + \sigma\upsilon = 0 $$ in a bounded region $\Omega$ in $R^n$ with a smooth boundary, where the diffusion terms $\varphi, \psi$ are strictly positive nondecreasing function, and k, $\sigma$ are positive constants. Also we assume that the growth rates f, g are $C^1$ monotone functions. The variables u, $\upsilon$ may represent the population densities of the interacting species in problems from ecology, microbiology, immunology, etc.

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Fuel Cost Analysis of CANDU-PHWR Wolsung Nuclear Power Plant Unit 1

  • Lee, Ik-Hwan;Lee, Chang-Kun;Yang, Chang-Guk;Yook, Chong-Chul
    • Nuclear Engineering and Technology
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    • v.9 no.3
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    • pp.151-163
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    • 1977
  • Being based on the Segal method, calculation was carried out for the natural uranium nuclear fuel cost with Zircaloy-4 cladding having design Parameters of Wolsung Nuclear Power Plant, CANDU-PHWR (Unit 1) , currently under construction in Korea aiming at its completion in 1982. An attempt was also made for tile sensitivity analysis of each fuel component; j. e., depreciation of fuel manufacturing plant caused by its life time, its load factor, production scale expansion of plant facilities, variations of construction and operating costs of fuel manufacturing plant, fluctuation of interest rates, extent of uranium ore price increases and effect of learning factor.

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Who are Steered to a Risky Credit Alternative?

  • Lee, Jonghee
    • International Journal of Human Ecology
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    • v.14 no.2
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    • pp.79-91
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    • 2013
  • The market for a payday advance, regarded as both a convenient and short term-loan for immediate financial help, has grown incredibly since the 1990's. Despite its popularity by borrowers and the possible benefits, it has received negative publicity. Some borrowers have been caught in a debt trap for a long-term period and at tripledigit interest rates. The objective of this study is to shed light on the borrowers' profiles and their demand for a payday advance. Based on the 2010 household level data from the U.S. Federal Reserve Board, this study finds that payday advance users are pronounced as seemingly risky people. Payday advance users tend to be college drop-outs, African Americans, and non-homeowners compared to non-payday advance users. They are more likely to overspend above their income and have a favorable attitude toward conspicuous spending than non-payday advance users. They tend not to shop at all nor perform even moderate shopping for credit before using a payday advance service as opposed to non-payday advance users.

Calculus Reform Movement and A Study on the College Calculus (미적분학 개혁운동과 미적분강좌의 방향 연구)

  • Choi, Eun-Mi
    • The Mathematical Education
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    • v.48 no.1
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    • pp.47-59
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    • 2009
  • Recently our society confronts with the concern over the college students' apparent lack of understanding and interesting of mathematics. In late 1980s the calculus reform movement in US was triggered to increase both passing rates and a general interest in the subject. The purpose of this paper is to investigate teaching of college calculus and its curriculum in order to promote students' interesting and understanding. We deal with 4 questions. Firstly, we research the history and motivation of the calculus reform movement in US. Secondly, we do case study about the debate between reformed and traditional calculus. Then we evaluate the effectiveness of reformed calculus in comparison to traditional calculus. Finally we investigate possible ways to apply reformed calculus in our university mathematics education and suggest some points to improve teaching calculus.

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Reliability Analysis of the railway signalling system which applied to the KNR ERP(Enterprise Resource Planning) Classification System (철도경영혁신 ERP 분류체계에 따른 철도신호시스템의 신뢰성 분석)

  • Cho, Rae-Hyuck;Park, Chae-Young;Min, Young-Hee;Yun, Hak-Sun
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.993-999
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    • 2007
  • With the introduction of the RAMS(Reliability, Availability, Maintainability, Safety), the interest of the system assurance has been increased. First of all, fast-growing electronic circuit requires analyzing the failure rates, by dividing the signalling system more specifically. Since 2005, the K.N.R (Korean National Railway) has incorporated ERP(Enterprise Resource Planning) in order to establish the complete status as the top international comprise, therefore while ordering the project, it has established the classification system and then has been applying to ERP system in 2007. Due to the complex of the classification system, the reliability analysis of the signalling system was assessed with the limit of IXL ATP with On-board and wayside equipment. This paper assumed MTBF(Mean Time Between Failure), MTTR((Mean Time Between Repair) of total signalling system, by using the classification of ERP program.

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Numerical Analysis of Plume Characteristics and Liquid Circulation in Gas Injection Through a Porous Plug

  • Choi, Choeng-Ryul;Kim, Chang-Nyung
    • Journal of Mechanical Science and Technology
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    • v.14 no.12
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    • pp.1365-1375
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    • 2000
  • Two phase flows have been numerically calculated to analyze plume characteristics and liquid circulation in gas injection through a porous plug. The Eulerian approach has been for formulation of both the continuous and dispersed phases. The turbulence in the liquid phase has been modeled using the standard $textsc{k}$-$\varepsilon$ turbulence model. The interphase friction coefficient has been calculated using correlations available in the literature. The turbulent dispersion of the phase has been modeled by the "dispersion Prand시 number". The predicted mean flows is compared well with the experimental data. The plume region area and the axial velocities are increased with the gas flow rate and with the decrease in the inlet area. The turbulent intensity also shows the same trend. Also, the space-averaged turbulent kinetic energy for various gas flow rates and inlet areas has been obtained. The results are of interest in the design and operation of a wide variety of materials and chemical processing operations.

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Levy-Type Swaption Pricing Model (Levy-Swaption 가치 평가 모형)

  • Lee, Joon-Hee;Park, Jong-Woo
    • Korean Management Science Review
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    • v.25 no.3
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    • pp.1-12
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    • 2008
  • The Swaption is one of the popular Interest rates derivatives. In spite of such a popularity, the swaption pricing formula is hard to derived within the theoretical consistency. Most of swaption pricing model are heavily depending on the simulation technique. We present a new class of swaption model based on the multi-factor HJM levy-mixture model. A key contribution of this paper is to provide a generalized swaption pricing formula encompassing many market stylize facts. We provide an approximated closed form solution of the swaption price using the Gram-Charlier expansion. Specifically, the solution form is similar to the market models, since our approximation is based on the Lognormal distribution. It can be directly compared with the traditional Black's formula when the size of third and fourth moments are not so large. The proposed extended levy model is also expected to be capable of producing the volatility smiles and skewness.