• Title/Summary/Keyword: Retail cost

Search Result 118, Processing Time 0.021 seconds

Evaluation on the Cooling Performance of Geothermal-energy Using Heat Pump System in Mixed-use Residential Building (주상복합 건축물에 적용된 지열이용 히트펌프 시스템의 냉방성능 평가)

  • Kim, Yong-Shik;Kim, Jung-Heon;Hwang, Kwang-Il
    • Journal of the Korean Solar Energy Society
    • /
    • v.26 no.4
    • /
    • pp.9-16
    • /
    • 2006
  • Geothermal-energy has been getting popular as a natural energy source for green buildings these days. Public building with gross area more than $3000m^2$, planned after March, 2005, should spend about 5% of total building cost for equipment run by natural energy source (e.g. geothermal, solar heat, solar power, etc) according to renewable energy promotion law in Korea. As a result geothermal-energy using heat pump system is emerging as a effective alternative for realistic and economic plan although design guidelines and construction code for the system is in progress and technical data is far from sufficient. The quantitative analysis on the performance of geothermal-energy using heat pump system is insufficient for appropriate design of it. In this paper, cooling performance of geothermal-energy using heat pump system of residential and retail etc. mixed-use building has been analyzed on the basis of temperature comparison between inlet and outlet of heat exchangers of the operating system. Additionally, dry-bulb temperature and relative humidity have been measured and analyzed together as an index of indoor thermal environment.

Toward a Conceptualization of Clothing Price Perception: A Taxonomy of shopping Behavior (의복가격지각의 다차원성에 관한 연구: 구매행동 유형화를 중심으로)

  • 이규혜;이은영
    • Journal of the Korean Society of Clothing and Textiles
    • /
    • v.26 no.6
    • /
    • pp.877-888
    • /
    • 2002
  • Price is a product attribute, which is determined by the function of the producing cost and profit. It is also identified as one of the most important components of the marketing mix. For consumers, price is an always-existing cue, definite evaluation criteria, and easily accessible information in the purchasing process. Considering the concept of the clothing-price in a comprehensive perspective encompassing economic, psychological and marketing perspectives, a theoretical model was developed. The model includes souses and dimensions of price perception and related behaviors. Souses of price perception were: the actual retail price at selling point, the internal reference price and external reference price. The dimensions of price perception included sacrifice perception, economic value perception, inference, savings perception and price as information perception. Clothing price related behaviors that flowed these dimensions were: low price consciousness, value for money consciousness, price-quality inference, price-prestige inference, sale proneness and price mavenism. An empirical study was conducted to validate the theoretical model. A questionnaire was developed and data were collected from 680 adult women living in Seoul, Korea. Confirmatory factor analysis as well as exploratory factor analysis results showed that theorized price related behaviors were successful classifications.

Cyber Insurance and Distribution Channels

  • Kwak, Young-Arm;Cho, Young-Sang
    • Journal of Distribution Science
    • /
    • v.16 no.5
    • /
    • pp.61-70
    • /
    • 2018
  • Purpose - These days, an individual user, private entity, hears everyday news of hacking and personal information leakage in the era of a most-connected society. This study investigates cyber attack, cyber insurance and distribution channels for insurance goods in South Korea by analyzing various cases of cyber attacks in domestic and overseas case. Research design, data and methodology - This study adopted various study cases instead of the one large case for deep quality analysis, and focused on various cases of domestic and overseas cyber attacks with insurance. Result - As a result of analyzing the cases that were hacked, types of massive losses and damages arising out of internet blackout due to cyber risks are paralyzation of public and private website and portal, electronic administrative system, public infrastructure, and consequently a normal operation of nation is impossible. These losses and damages however can be coverable under cyber insurance. Conclusions - This paper suggests insurance carriers, as suppliers, should provide multiple channels to sell to the customer and should expand the strategy of advertisement and promotion in order for them to change their mind and compare the price and value of the information of individual users and private entity in view of cost savings.

Important Role of Power Exchange in Conducting Futures Market for Stabilizing Electric Power Industry in Transition

  • Yoon, Yong T.
    • KIEE International Transactions on Power Engineering
    • /
    • v.3A no.1
    • /
    • pp.53-60
    • /
    • 2003
  • At present the electric power industry in Korea is going through a major restructuring process. The restructuring is motivated by a desire to reduce electricity supply costs, to attract new in-vestment in modern generation, transmission and distribution facilities, and to stimulate innovation in the wholesale production and the retail supply of electricity. The experience to date shows that restructuring of electric power industry in the US, however, is marred with a number of problematic market performances including unreasonably high prices at wholesale. This paper investigates the important role of Power Exchange for stabilizing electric power industry in transition by offering various financial products. These financial products are used for risk hedging by the market participants. The paper focuses on the risk hedging by an individual supplier and derives an explicit decision rule that incorporates the attitude towards the risks. In addition to providing the financial products for risk hedging by market participants, the Power Exchange plays another very important role of financial safeguard system. Because of its unique characteristics, the Power Exchange is well suited for financial surveillance where it performs the early detection of unsound financial (and to a large extent operational) practices on the part of any system users and protect the system integrity and the market participants from the consequences of a default in the clearing structure.

Empirical Evidence on the Usefulness of Throughput Time (통과시간지표의 유용성에 관한 실증연구)

  • 육근효
    • Korean Management Science Review
    • /
    • v.19 no.1
    • /
    • pp.75-88
    • /
    • 2002
  • In recent years, it Is necessary to develop an alternative measure, the time efficiency of management activities, as a more measurable and operational tool Instead of traditional accounting measures such as inventories turnover. Therefore the concept of throughput time has got much attention as useful tool for controlling time based management. The purpose of this paper is to investigate the usefulness and adaptability of throughput time. The sample consists of 212 non-banking firms listed on the Korean Stock Exchange. The test Period were 10 years(1989-1998). The regression analysis for this study was performed using the cross-sectional data for the sample, and it was also performed for each Industry. The results show that net Income to tonal assets and labor productivity (value added Per employee) variables in the model was signiflcantly associated with throughput time. On the other hand, the relationship between throughput time and logistics cost to sales do largely not have statistical significance. Especially, it is found that the relationship do not have significance or negative response in food & beverage industry and wholesale & retail industry. In summary, the results show that the measure of throughput time can be an effective managerial Indicator for time based competition and management.

체란 양계업 경영개선을 위한 생산농가의 대응전략

  • 이경철;장경만
    • Proceedings of the Korea Society of Poultry Science Conference
    • /
    • 2001.11a
    • /
    • pp.104-106
    • /
    • 2001
  • Results of analyses in managemental structure suggested that the way to the success under low egg market price was to develop new products (product discrimination) based an greater portion of retail market share than today's wholesale market in addition to less cost production. Today, agricultural management faces 'days of marketing'. Marketing plans such as high quality eggs, branding and discriminated merchandising becomes important. There are two marketing plans in egg industry, new product and marketing. However, there are no clear ways to success. Marketing plans and efforts will be the main targets in business and clear differences in managerial efficiency will be seen.

  • PDF

RFID-Based Automatic Inspection System Design and Implementation for Manufacturing and Retail Industry (제조 및 유통산업을 위한 RFID 기반 자동 검수 시스템의 설계 및 구현)

  • Kim, Jin-Suk;Park, Jong-Kwon;Shin, Yong-Tae
    • The Journal of Korean Institute of Communications and Information Sciences
    • /
    • v.39C no.1
    • /
    • pp.97-105
    • /
    • 2014
  • Current manufacturing and distribution industries work with handwritten shipping information or receive operation results in excel files and have to go through computer processing for their logistics. Thus, hand writing error or computer entry error, non-real-time data processing, quantity shortage and excess operating problems have been frequently occurring in many logistics points. In this paper, we will be proposing a RFID based automatic inspection system that will ensure more accurate data for inbound and outbound. Real-time data processing and automatic inspection system will show cost saving effect compared to the existing system.

Strategic focus for substantial rewards

  • Hann, Michael A.
    • The Research Journal of the Costume Culture
    • /
    • v.27 no.1
    • /
    • pp.57-63
    • /
    • 2019
  • Due principally to the desire to seek lower production costs, the bulk of the world's textile and clothing manufacture migrated to low-cost zones, mainly outside Europe, over the course of the late-twentieth century. In the early-twenty-first century, fast fashion became a dominant force worldwide, with 'Western' retail buyers hunting cheaper deals from clothing manufacturers (mainly in Asia), and with occasional disasters not changing matters beyond the duration of a fashion season. Progressively, seams became narrower, cheaper raw materials were used and durability was no longer an aim. Why bother to do otherwise? This was what the 'Western' consumer wanted: fashion to be worn only a few times and then discarded, despite the fact that vast amounts of human, technological and financial resources were wasted in such a quest. By the end of the second decade of the twenty-first century, the production of textile and clothing products continued to contribute substantially to global warming. This paper reviews briefly the current conditions of manufacture, and argues that the research agenda should be focused on addressing the implications of a progressively changed focus, not on fast-fashion products, but instead on the production of products with greater durability. Meanwhile 'Western' consumers need to turn away from fast fashion and realise that waste is bad for their economy and their society. It is argued further, that after a period of re-adjustment, substantial financial rewards await the national textile and clothing industries that undergo such a turn around.

Data Science and Machine Learning Approach to Improve E-Commerce Sales Performance on Social Web

  • Hussain Saleem;Khalid Bin Muhammad;Altaf H. Nizamani;Samina Saleem;M. Khawaja Shaiq Uddin;Syed Habib-ur-Rehman;Amin Lalani;Ali Muhammad Aslam
    • International Journal of Computer Science & Network Security
    • /
    • v.23 no.8
    • /
    • pp.137-145
    • /
    • 2023
  • E-Commerce is a buzzword well known for electronic commerce activities including but not limited to the online shopping, digital payment transactions, and B2B online trading. In today's digital age, e-commerce has been playing a very important and vital role in areas such as retail shopping, sales automation, supply chain management, marketing and advertisement, and payment services. With a huge amount of data been collected from various e-commerce services available, there are multiple opportunities to use that data to analyze graphs and trends. Strategize profitable activities, and forecast future trade. This paper explains a contemporary approach for collecting key data metrics and implementing cost-effective automation that will support in improving conversion rates and sales performance of the e-commerce websites resulting in increased profitability.

The Detection of Well-known and Unknown Brands' Products with Manipulated Reviews Using Sentiment Analysis

  • Olga Chernyaeva;Eunmi Kim;Taeho Hong
    • Asia pacific journal of information systems
    • /
    • v.31 no.4
    • /
    • pp.472-490
    • /
    • 2021
  • The detection of products with manipulated reviews has received widespread research attention, given that a truthful, informative, and useful review helps to significantly lower the search effort and cost for potential customers. This study proposes a method to recognize products with manipulated online customer reviews by examining the sequence of each review's sentiment, readability, and rating scores by product on randomness, considering the example of a Russian online retail site. Additionally, this study aims to examine the association between brand awareness and existing manipulation with products' reviews. Therefore, we investigated the difference between well-known and unknown brands' products online reviews with and without manipulated reviews based on the average star rating and the extremely positive sentiment scores. Consequently, machine learning techniques for predicting products are tested with manipulated reviews to determine a more useful one. It was found that about 20% of all product reviews are manipulated. Among the products with manipulated reviews, 44% are products of well-known brands, and 56% from unknown brands, with the highest prediction performance on deep neural network.