• Title/Summary/Keyword: Oil business

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Forecasting Renewable Energy Using Delphi Survey and the Economic Evaluation of Long-Term Generation Mix (델파이 활용 신재생 에너지 수요예측과 장기전원 구성의 경제성 평가)

  • Koo, Hoonyoung;Min, Daiki
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.3
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    • pp.183-191
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    • 2013
  • We address the power generation mix problem that considers not only nuclear and fossil fuels such as oil, coal and LNG but also renewable energy technologies. Unlike nuclear or other generation technologies, the expansion plan of renewable energy is highly uncertain because of its dependency on the government policy and uncertainty associated with technology improvements. To address this issue, we conduct a delphi survey and forecast the capacity of renewable energy. We further propose a stochastic mixed integer programming model that determines an optimal capacity expansion and the amount of power generation using each generation technology. Using the proposed model, we test eight generation mix scenarios and particularly evaluate how much the expansion of renewable energy contributes to the total costs for power generation in Korea. The evaluation results show that the use of renewable energy incurs additional costs.

Ethical Issues of Multinational Companies in Africa: host country and industry characteristics (아프리카에서 다국적기업의 윤리경영)

  • Kim, Jai-June
    • Korea Trade Review
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    • v.44 no.3
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    • pp.271-287
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    • 2019
  • This paper reviews and analyzes the ethical issues of multinational corporations (MNCs) in Africa. First, we find that the transparency and institutions of a host country have a negative relationship with the number of ethical violations of the MNCs. Second, this covers the effects of industry characteristics on each category of ethical issues such as the human rights and the environment. Based on the database of "Ethical Consumer", we show that the Auto, Chemical, Finance, and Telecommunication industries are more likely to violate human rights issues, and that Mining, Oil, Cosmetics, and Chemical industries are more likely to pollute the environments. Further, the country of origin does matter: the US and Asian companies are more likely to be involved with the business ethics violations than are their European counterparts.

Fuel Consumption Prediction and Life Cycle History Management System Using Historical Data of Agricultural Machinery

  • Jung Seung Lee;Soo Kyung Kim
    • Journal of Information Technology Applications and Management
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    • v.29 no.5
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    • pp.27-37
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    • 2022
  • This study intends to link agricultural machine history data with related organizations or collect them through IoT sensors, receive input from agricultural machine users and managers, and analyze them through AI algorithms. Through this, the goal is to track and manage the history data throughout all stages of production, purchase, operation, and disposal of agricultural machinery. First, LSTM (Long Short-Term Memory) is used to estimate oil consumption and recommend maintenance from historical data of agricultural machines such as tractors and combines, and C-LSTM (Convolution Long Short-Term Memory) is used to diagnose and determine failures. Memory) to build a deep learning algorithm. Second, in order to collect historical data of agricultural machinery, IoT sensors including GPS module, gyro sensor, acceleration sensor, and temperature and humidity sensor are attached to agricultural machinery to automatically collect data. Third, event-type data such as agricultural machine production, purchase, and disposal are automatically collected from related organizations to design an interface that can integrate the entire life cycle history data and collect data through this.

A Case Study on the Development of New Process for Treatment of Waste Waters from Ships (선박폐수 처리공정의 개발에 관한 사례)

  • Choi, Sang-Mo;Heo, In-Seok;Yang, Seok-Jun
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.15 no.1
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    • pp.71-78
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    • 2009
  • Korea Marine Environment Management Corporation (KOEM) has waste oil facilities in 13 ports to collect and treat waste oil, bilge, etc. from ships based upon the Marine Environment Management Act of Korea and MARPOL 73/78 convention. Those facilities were designed and have been operated simply to discharge water under the level 15 ppm of oil contents. However, bad smells occurred from rotten organic matters in waste water and direct discharge of harmful substances to receiving water caused civil appeals. Therefore, KOEM tried to develop new process for treatment of oily waste water from ships, which could mitigate harmful substances, save cost, calm down civil appeals and contribute to marine environment preservation. This process consists of 3 steps to remove oil contents via gravity variation at first, $O_3$ input to contact water and organism deposition by inputting condensate deposits. Then finally upper water will be discharged, and the deposited substances in the bottom will be compressed through spinning machine to transfer to the designated contractors for treatment of wastes. This is very effective and innovative in that it could reduce 3 or 4 steps compared with existing process and mitigate not only waste oil concentration but also hard resolving materials such as colloid, ABS, phosphorus, nitrogen and bad smells. This method is expected to minimize bad smells and harmful gases, to save more than 10% of maintenance cost, and to arrange the good base for garbage treatment business dealing with waste water and bad smell.

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A Comparative Analysis of Major Oil Spill Compensation Systems in France, Spain, and Korea - In the Case of M/T Erika, Prestige, and Hebei Spirit - (프랑스.스페인.한국의 대형유류오염손해배상제도에 관한 비교연구 -에리카호.프레스티지호.허베이스피리트호를 중심으로-)

  • Cho, Dong-Oh;Mok, Jin-Yong
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.14 no.3
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    • pp.177-181
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    • 2008
  • In this study, the authors analyzed the limit of IOPC Fund system, such as limit of compensation, amount of FC, long period of assessment by IOPC Fund, issue of non verification by poor claimant or small business, issue of poor claimant subsistence in early stage of accidents, and comparatively analyzed how the three countries resolved these limits by enacting special laws and government policy. Until recently most governments have carried out prevention policy for maritime safety, oil spill response, investigation of maritime accidents, and restoration of marine environment when oil spill accidents happened. However, governments have not actively participated in the oil spill compensation process because it is a matter of private sectors between the polluter and claimant. The governments have only limited their role in ratifying Civil Liability Convention and Fund Convention and enacted relevant domestic laws. However, the governments of France, Spain, and Korea have actively participated in the compensation process of oil pollution incidents of M/T Erika, M/T Prestige, and M/T Hebei Spirit. This is because they had experiences of unsuccessful compensation in M/T Amoco Cadiz, M/T Agean Sea, and M/T Sea Prince.

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A Study on the Effect of Quality Management Activities on Business Performance -Focused on Manufacturing Companies in Kazakhstan- (품질경영활동이 경영성과에 미치는 영향에 관한 연구 -카자흐스탄 제조기업을 대상으로-)

  • Gulnur, Shatekova;Lee, Jae-Ha
    • Journal of Convergence for Information Technology
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    • v.12 no.5
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    • pp.256-270
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    • 2022
  • This paper examined whether quality management(QM) positively impacts Kazakh companies' business performance (financial and non-financial performance). As a result of testing ten hypotheses based on the research model for 287 companies in Almaty, only eight hypotheses were supported. Top management leadership was identified as a critical factor that positively affected financial performance, and customer-centered thinking is strongly related to non-financial performance. Employee participation and quality information analysis factors also positively affected business performance, but their influence was lower than top management leadership and customer-centered thinking factors. Finally, the supplier management factor did not significantly affect business performance, and the two related hypotheses were not supported. These results are presumed to be due to the characteristics of the target companies, such as oil and raw material manufacturing and construction, rather than high-quality finished products.

Preparation and Improvement of Physicochemical and Functional Properties of Dietary Fiber from Corn Cob Fermented by Aspergillus niger

  • Yadi Zhou;Qijie Sun;Chao Teng;Mingchun Zhou;Guangsen Fan;Penghui Qu
    • Journal of Microbiology and Biotechnology
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    • v.34 no.2
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    • pp.330-339
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    • 2024
  • Corn cobs were fermented with Aspergillus niger to produce soluble dietary fiber (SDF) of high quality and excellent food safety. In this work, the fermentation process was optimized by single-factor test and response surface methodology (RSM). The optimal fermentation conditions were determined to be a material-liquid ratio of 1:30, an inoculum concentration of 11%, a temperature of 32℃, a time of 6 days, and a shaking speed of 200 r/min. Under these conditions, the SDF yield of corn cob increased from 2.34% to 11.92%, and the ratio of soluble dietary fiber to total dietary fiber (SDF/TDF) reached 19.08%, meeting the requirements for high-quality dietary fiber (SDF/TDF of more than 10%). Scanning electron microscopy (SEM) and Fourier-transformed infrared spectroscopy (FT-IR) analysis revealed that the fermentation effectively degraded part of cellulose and hemicellulose, resulting in the formation of a loose and porous structure. After fermentation the water swelling capacity, water-holding capacity, and oil-holding capacity of the corn cob SDF were significantly improved and the adsorption capacity of glucose, cholesterol, and nitrite ions all increased by more than 20%. Moreover, the total phenolic content increased by 20.96%, which correlated with the higher antioxidant activity of SDF. Overall, the fermentation of corn cobs by A. niger increased the yield and enhanced the functional properties of dietary fiber (DF) as well.

An Analysis on the Operation Model of Islamic Insurance (이슬람보험 운영모델 분석)

  • CHOI, Mi-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.69
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    • pp.453-472
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    • 2016
  • As globalization is widely expanded in Islamic world as well as huge capital like oil-money is looking for new investment areas, our government should keep eyes on the current situation of Muslim market. This study will focus on the research of operation model of Islamic insurance. It will analysis on the institutional aspects of Islamic insurance(Takaful) system, which is a step further on the basis of these previous researches about Islamic finance. Takaful is conducted with various machanism such as Wakala, Mudarabah, Waqf. The mechanism can also be intermingled with one another to form other diverse contracts. However most of them are focused on basic conceptual elements of Islamic insurance system. As public interests in Islamic insurance are increasing these days, many Islam related literatures are issued accordingly. But most of them were focused on basic aspect of Islamic financial system or on the study of business management structure. The conceptual approach to evaluate the Islamic insurance market shall become the foundation of operation in conventional business law and regulation penetrate to the Islamic business environment. Therefore, the research of the operation model in Islamic insurance system as well as the search of trade engineering basis.

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The Globalization Strategy and Performance of an Italian Franchise Optics Corporation: A Study of Luxottica

  • Na, Hwa-Sook;Lee, Sang-Youn;Kam, Woo-Kyoon
    • Journal of Distribution Science
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    • v.13 no.5
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    • pp.33-44
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    • 2015
  • Purpose - This study examined the Italian eyeglass industry and the status of the franchise market. Luxottica's global growth strategy was analyzed to provide insight into the strategy and development of the Italian eyeglass industry and its franchise business. Research design, data, methodology - Luxottica's annual report, public media material, and website were examined, in addition to data from professional institutions. For the domestic eyeglass industry and franchise business, data from professional organizations, franchise information disclosure documents of the Fair Trading Commission, media materials, and related papers were investigated. Results - The success factor turned out to be securing a global wholesaler with retailers in overseas markets. This successful strategy was based on the strong entrepreneurial spirit of the founder, innovative craftsmanship, and an excellent corporate culture including corporate social responsibility (CSR). Conclusions - Considering the current environment, for Luxottica to be a leading global company, it had to review and adopt a successful vertical integration strategy, from R&D to distribution, M&A of overseas wholesalers and retailers, creative design and technical development, and sustainable cultural development

Study on Low Temperature Curing Emulsion of PLA Fiber for Bedding (침장용 PLA 섬유에 대한 저온 경화유제에 관한 연구)

  • Ahn, Young-Moo
    • Journal of Fashion Business
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    • v.16 no.1
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    • pp.41-51
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    • 2012
  • Polyester is mainly used as a bedding filler material. PLA fiber as an eco-friendly material for substituting polyester has a low melting temperature and therefore a hardening process is impossible. This study is to develop the oil for feather touch that can treat at the melting temperature of PLA. The slippery and soft aminosilicone emulsion, and the bulky epoxysilicone emulsion were used. They had proper viscosity and particle size for flexibility and elasticity. When using methoxy aminosilane [$H_2NSi(OCH_3)_3$] as an aminosilane and [$Zn(OCOCH_3)_2$] as a catalyst, the hardening reaction was fast and effective. Feather touch process were treated by 2 steps. At first step, aminosilicone emulsion, epoxysilicone emulsion and methylaminosilane were mixed and homogenized, and at second step, 5% blened solution of the first step, Zn catalyst 1%, distilled water 94% were treated at PLA fiber. After treatment the static friction coefficient and dynamic friction coefficient were reduced to 23.5-60.8% and 30.0-61.3% respectively, and the laundry and sun light fastnesses have not shown any decrease.