• Title/Summary/Keyword: Price Change

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Weight Change of Microcellular Plastics by Using nitrogen Gas (질소 가스를 이용한 초미세 발포 고분자 재료의 무게변화)

  • Jeing, Dae-Jin;Cha, Sung-Woon;Yoon, Jae-Dong
    • Journal of the Korean Society for Precision Engineering
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    • v.17 no.9
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    • pp.196-201
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    • 2000
  • There is a great demand for reducing the amount of material used in mass-produced plastics parts for material cost constitutes a large percentage of the total cost of a product up to 75% It may be noted that the price of plastics is directly related to the price of petroleum. Material reduction therefore decreases the amount of oil needed for the manufacture of plastics and thus help conserve this natural resource. Therefore microcellular foaming process(MCPs) was studied for solving this problems alternatively in 1980's at M. I. T. Until now in microcellular plastics processes carbon dioxide gas was mainly used for microcellular foaming Because carbon dioxide has more solubility than any other gases such as nitrogen gas or helium gas. The purpose of the this research is measurement of changing of the microcellular plastics' weight by using nitrogen gas in injection molding an comparing weight reduction of microcellular foamed plastics for using carbon dioxide gas with nitrogen gas.

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An Analysis on CO2 Emission and Cost Effects of Hydrogen Energy in Sedan Sector (수소에너지의 승용차부문 도입에 따른 CO2 배출 감축 및 비용효과 분석 연구)

  • Hong, Jong-Chul;Kang, Seung-Jin;Choi, Sang-Jin;Park, Sang-Young;Kim, Jong-Wook
    • Transactions of the Korean hydrogen and new energy society
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    • v.20 no.1
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    • pp.9-21
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    • 2009
  • As one of the alternative solution for energy and environmental issues such as climate change, energy security, oil price, etc., hydrogen energy has been getting so much attentions these days. This paper analyzed the $CO_2$ emission, costs, and energy consumptions when the hydrogen energy was introduced to transportation, specifically in Sedan sector using the energy system model, MARKAL. As results, 21.5% of $CO_2$ emission in 2040 could be reduced and additional 76 billion dollars will be needed in the high energy price scenario. The amount of energy saving mainly due to the replacement of existing car to hydrogen vehicle was 16% of the final energy consumption in 2040.

Power Scheduling of Smart Buildings in the Smart Grid Environment Using IT Optimization Techniques (IT 최적화 기술을 이용한 지능형전력망 환경의 스마트 빌딩 전력 스케줄링)

  • Lee, Eunji;Seo, Yu-Ri;Yoon, So-Young;Jang, Hye-Rin;Bahn, Hyokyung
    • Journal of Information Technology Services
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    • v.11 no.sup
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    • pp.41-50
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    • 2012
  • With the recent advances in smart grid technologies and the increasing dissemination of smart meters, the power usage of each time unit can be detected in modern smart building environments. Thus, the utility company can adopt different price of electricity at each time slot considering the peak time. Korea government also announces the smart-grid roadmap that includes a law for realtime price of electricity. In this paper, we propose an efficient power scheduling scheme for smart buildings that adopt smart meters and real-time pricing of electricity. Our scheme dynamically changes the power mode of each consumer device according to the change of power rates. Specifically, we analyze the electricity demands and prices at each time, and then perform real-time power scheduling of consumer devices based on collaboration of each device. Experimental results show that the proposed scheme reduces the electricity charge of a smart building by up to 36.4%.

A Study on the Impact of China's Monetary Policy on South Korea's Exchange Rate

  • He, Yugang
    • The Journal of Industrial Distribution & Business
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    • v.9 no.6
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    • pp.15-24
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    • 2018
  • Purpose - The adjustment of one country's monetary policy can cause the macroeconomic change of other countries. Due to this, this paper attempts to analyze the impact of China's monetary policy on South Korea's exchange rate. Research design, data, and methodology - Based on the flexible-price monetary model, sets of annual time series from 1980 to 2017 are employed to perform an empirical estimation. The vector error correction model is also used to exploit the short-run relationship between both of them. Of course, the South Korea's real GDP, the China's real GDP, South Korea's interest rate, the South Korea's interest rate and the South Korea's monetary supply are treated as independent variables in this paper. Result - The long-run findings reveal that the China's money supply has a negative effect on South Korea's exchange rate. Respectively, the short-run findings depicts that the China's money supply has negative a effect on South Korea's exchange rate. Of course, other variables selected in this paper also have an effect on South Korea's exchange rate whatever positive or negative. Conclusions - As the empirical evidence shows, the China's monetary policy has a negative effect on South Korea's exchange rate whenever in the long run or in the short run.

Bayesian quantile regression analysis of Korean Jeonse deposit

  • Nam, Eun Jung;Lee, Eun Kyung;Oh, Man-Suk
    • Communications for Statistical Applications and Methods
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    • v.25 no.5
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    • pp.489-499
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    • 2018
  • Jeonse is a unique property rental system in Korea in which a tenant pays a part of the price of a leased property as a fixed amount security deposit and gets back the entire deposit when the tenant moves out at the end of the tenancy. Jeonse deposit is very important in the Korean real estate market since it is directly related to the residential property sales price and it is a key indicator to predict future real estate market trend. Jeonse deposit data shows a skewed and heteroscedastic distribution and the commonly used mean regression model may be inappropriate for the analysis of Jeonse deposit data. In this paper, we apply a Bayesian quantile regression model to analyze Jeonse deposit data, which is non-parametric and does not require any distributional assumptions. Analysis results show that the quantile regression coefficients of most explanatory variables change dramatically for different quantiles. The regression coefficients of some variables have different signs for different quantiles, implying that even the same variable may affect the Jeonse deposit in the opposite direction depending on the amount of deposit.

A Survey on the Pattern of Consumption and Utilization of Clothes (의복소비 행태와 의류자원활용 방안)

  • Seo, Yeong-Suk;Gu, Eun-Yeong;Jo, Pil-Gyo
    • Journal of the Korean Society of Clothing and Textiles
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    • v.21 no.8
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    • pp.1406-1416
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    • 1997
  • The purpose of this study is to find out an efficient way to utilize clothes. It will be pro- environmental effort besides enhancing clothing life. The study is based on a survey of daily clothing practices. Questionnaire is distributed to female college students who are majoring clothing, textiles, and/or home economics and their parents (n=254). ANOVA, Scheffe test, 1-test and regression are pursued respectively. The main results are as follows: 1. Students, mothers and fathers possess 50.3, 49.9, 45.4 unit clothes, respectively. Mothers possess more formal suits while students possess more casual clothes than the others. The possession pattern is affected by socio-economic variables such as income and purchasing price. 2. In the unused rate of clothes, students'(10.2%) and mothers'(9.7%) rate are significantly higher than that of fathers (6.9%). The unused rate and using efficiency of clothes are affected by socio-economic variables: income and age for unused rate; age and purchasing price for using efficiency. 3. The most important reason for unused clothes is found to be design and color of the clothes. Long years of possessing and change of fashion are the next important reasons. 4. Most of respondents are highly conscious of recycling their clothes. Most of them are willing to donate their clothes to others, re·use or exchange them with the others.

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Restaurant Selection Attributes According to Self-Regulatory Focus Theory (자기조절초점유형에 따른 레스토랑 선택속성)

  • Song, Min-Kyung;Yoon, Hye-Hyun
    • Korean journal of food and cookery science
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    • v.25 no.6
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    • pp.663-670
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    • 2009
  • The domestic foodservice and restaurant industries have been rapidly growing. Therefore, it is necessary for restaurants to analyze the demands and desires of their customers according to internal attributions, and to understand how these may change in the future. To explore the internal attributions of individuals, such as personality, this study examined differences between the promotion and prevention focuses of 'Self-Regulatory Focus Theory'. Based on this theory, hypotheses were prepared and two experiments- & -were performed to assess the hypotheses. showed that consumers who had a promotion focus were interested in the following factors: events, advertisement images and taste; whereas those with a prevention focus concentrated more on factors related to comfortoriented qualities, such as reputation and price satisfaction. In , after performing situational regulatory focus manipulation with the subjects, there were different results between promotion and prevention: in the promotion focus, when a prevention focus was induced, subjects concentrated more on price satisfaction, reputation, highly nutritious menu, and sanitary conditions; whereas in the prevention focus, when a promotion focus was induced, they concentrated on advertisement images, events, and restaurant atmosphere.

Modeling Korean Energy Consumption Behavior Using a Concavity Imposed Translog Cost Function (정규성 개선에 중점을 둔 제조업 에너지 수요구조 모형 연구 : 오목성 조건을 만족하는 Translog 비용함수 모형)

  • Kim, Jihyo;Heo, Eunnyeong
    • Environmental and Resource Economics Review
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    • v.19 no.3
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    • pp.633-658
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    • 2010
  • In this paper, we estimate the Translog cost function in Korean manufacturing, using capital (K), labor (L), material (M), electricity (E), fuel (F) data over the period from 1970 to 2005. Especially, this paper investigates the impact of imposing concavity in the estimation of a Translog cost function. Although the value of log-likelihood is somewhat reduced in a concavity imposed function rather than a function which is not, a concavity imposed function satisfies regularity conditions (monotonicity, positivity, concavity) at all data points. We also calculate price elasticities using a concavity imposed Translog cost function. Electricity complements capital so electricity demand increases as capital demand increases. Meanwhile, electricity substitutes labor, fuel, and material. These results show that Korean manufacturing experienced a structural change of increase in electricity demand.

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Study on Application and Economic Evaluation of New Insulation Material to Confront High Oil Price: Focus on an Apartment (고유가 대응을 위한 신단열재 적용과 경제성평가 연구 : 공동주택을 중심으로)

  • Hyun, Jong-Hun;Kim, Ji-Yeon;Park, Hyo-soon;Choi, Moo-Hyuck
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.20 no.11
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    • pp.746-751
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    • 2008
  • The best plan to reduce the building energy consumption is that the insulation performance should be improved because the insulation and airtight of building envelopes have an effect on the energy consumption basically. New insulation materials, which have the high performance and are above insulation standard, have been developed steadily. Because there are not studies on the building energy rating system and economic evaluation considering new insulation materials, these matters should be studied. In result alternatives, which applied 6 high performance material each, reduce the annual heating energy and raise the building energy rating. Applying the vacuum insulation material(Case 1, 2) and vacuum or triple glazing can retrieves the investment with $120 and $140$\sim$150 per barrel each.

A Study on MPPT Control using the Maximum Power Balance/Unbalance Boundary Point Control (최대 전력 평형/불평형 경계점 제어를 이용한 MPPT제어에 관한 연구)

  • Koh Kang-Hoon;Kang Tae-Kyeng;Lee Hyun-Woo;Woo Jung-In
    • The Transactions of the Korean Institute of Electrical Engineers B
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    • v.55 no.1
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    • pp.33-38
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    • 2006
  • This paper proposes a simple MPPT control scheme of a based Current-Control-Loop system that can be obtains a lot of advantage to compare with another digital control method, P&O(Perturbation and Observation) and IncCond(Incremental Conductance) algorithm, that is applied mostly a PV system. An existent method is needed an expensive processor such as DSP that calculated to change the measure power of a using current and voltage sensor at the once. Therefore, it is applied a small home power generation system that required many expenses. But, a proposed method is easy to solve the cost reduction and power unbalance Problems that it is used by control scheme to limit error of a current control of common sensor. This proposed algorithm had verified through a simulation and an experiment results on battery charger using PIC that is the microprocessor of a low price.