• Journal of the Korean Regional Science Association
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• v.12 no.2
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• pp.21-36
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• 1996

This thesis focused on the extent of the area-by-area gap of the unit production cost that should be taken into account without exception in supply of the local public goods production cost. With the advent of the local autonomy era, what should be considered in the local governmen's production of the local public goods are the government's fiscal capacity and the environmental difference that shows up in accordance with the area's characteristics. Though with the same level of the fiscal capacity, an occurrence of environmental difference will lead inevitably to the different level of actual supply of the local public goods. The method of analysis used in this thesis was first to bring out implicit price, to combine this with induced expenditure function, to separate demand function parameter and cost function parameter, and then to analyzed the impact of environmental variables on the production cost. The environmental variables were set on the basis of the ones that affected expenditure per person of the public goods. The analysis was conducted in distinction of city areas and county areas. The results showed that, in cases of cities, more production cost of the public goods was in presence in urban areas and in areas where there was sluggish development. In other words, distinction could be drawn between areas where there was a large consumption of production cost resulting from poor environmental sparked by slow development and those where additional costs were required due to population concentration caused by a certain level of accomplished development. In the meantime, in cases of county areas, the results were around the same. However, a comparison between city areas and county ones told that overall difference between city areas was not that big in the production cost while that in county areas was large enough. In times ahead, in implementation of grant-in-aid scheme, production cost index for local public goods could be used as it was written in consideration of environmental characteristics of areas concerned.

• IE interfaces
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• v.25 no.2
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• pp.241-254
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• 2012

This paper studies the relationship between SCM(Supply Chain Management) metrics and corporate value (Tobin's Q) for manufacturing and wholesale/retail firms in Korea. Specifically, the multiple regression analysis is used to investigate the relationships 1) between inventory level, inventory turns, and days of inventory and Tobin's Q and 2) between cash-to-cash (C2C) cycle time including its components such as days of inventory, days sales outstanding, and days payable outstanding and Tobin's Q. The results indicate that there exist statistically significant negative relationships between inventory levels and days of inventory (DOI) and Tobin's Q. Also, we found that there exist commonly known negative correlations between days of raw materials inventory and days of work in process (WIP) inventory and Tobin's Q. For the C2C cycle time, we found that there -exists a statistically significant negative relationship between the C2C cycle time and Tobin's Q. Also, we found that there exist commonly known correlations between the two components of C2C cycle time and Tobin's Q such as the negative for DOI and days sales outstanding. This study clearly shows the negative relationship in general between inventory levels and corporate value and between C2C time and corporate value, and this kind of result has not been found by previous studies in Korea.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.43 no.3
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• pp.122-134
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• 2020

As globalization has been progressed, companies faced a situation in which it was difficult to secure global competitiveness only with their internal management systems. To overcome this, Supply Chain Management (SCM) emerged, which optimizes the whole supply chain process from suppliers to demand companies. In this study, it was analyzed that the effects of customer integration among the integration factors of SCM, and market orientation among the strategic orientations on management performances such as non-financial performance and financial performance through a mediating role of flexibility. At this time, it was analyzed whether CEO's support has a moderating effect on the influence of the market orientation. As a result of analysis, the customer integration was found to have an indirect effect on the non-financial performance and the financial performance through the flexibility. The market orientation was found to have a direct effect on the non-financial performance and at the same time, indirectly affected it through the flexibility. In addition, it was shown that more the level of CEO's support, higher the influence of the market orientation. This moderating effect had an indirect effect on the financial performance. Based on the above findings, various implications for improving management performance were proposed. This study suggests that investments in computerization such as ERP and smart factories can improve supply chain management performance and ultimately improve customer satisfaction and financial performance.

• International Journal of Advanced Culture Technology
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• v.8 no.3
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• pp.300-306
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• 2020

This study analyzes the distributor's inventory model in a two-stage supply chain consisting of the supplier, the distributor and the end customer. The supplier will allow a credit period before the distributor settles the account with him in order to stimulate the demand for the product he produces. It is also assumed that the distributor pays the shipping cost for the order and hence, the distributor's ordering cost consists of a fixed ordering cost and the shipping cost that depend on the order quantity. The availability of the delay in payments from the supplier enables discount of the distributor's selling price from a wider range of the price option in anticipation of increased customer's demand. As a result, the availability of a credit transaction leads to an increase in inventory levels. On the other hand, in the case of deteriorating products in which the utility of the product perish over time, the deterioration rate with time plays a role in reducing inventory levels. In this regard, we analyze the effect of the length of the credit period and the degree of product deterioration on the distributor's inventory level. For the analysis, we formulate the distributor's annual net profit and analyze the effect of the length of credit period and deterioration rate of the product on inventory policy numerically.

• Journal of Information Technology Applications and Management
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• v.10 no.3
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• pp.109-120
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• 2003

This paper proposes an e-business maturity model for small and medium-sized enterprises. The model consists of five maturity levels, which are on-line access, on-line business, matured on-line business, and full on-line business from least matured level to most matured level. The model can be used to assess e-business maturity level of individual enterprises. individual enterprise's maturity level can be assessed by examining sample check lists. Additionally, this paper summarizes the results of an application of the proposed model to a couple of small and medium-sized enterprises. This model can also be used to suggest what individual enterprises need to be upgraded towards higher maturity level.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.332-338
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• 2008

This paper handles, implementation of multiple access bidirectional serial communications protocol using two common DC power lines, whict are power supply and ground, connecting multiple devices. Communication between the host and the multiple clients are performed using unique packet data with device ID unique to each devices connected on the common power lines. Host initiates data communications by transmitting command packet to the designated client with the client's ID and the client responds by transmitting response packet to the host and in this way, multiple clients and host exchange the packet through the common power lines. The normal voltage of the power communication line maintains 24V corresponding to level 1 and the host drops the voltage to 12V on sending level 0 signal, also the clients normally keeps the line voltage to 24V use pull-down circuit to drop the voltage to 12V on sending level 1 signal. Power supply originates from the host, the host senses the voltage level of the power communication lines and when the clients activates pull down circuit to send level 0 signal and the voltage drops to 12V, the hosts switches power source from 24V to 12V. Also, when clients deactivate pull down circuit to send level 1 signal, the host senses the voltage increase and switches the power source from 12V to 24V. Experimental circuit is designed with one hosts and four clients and verified the power line voltage switching operation depending on the data signal levels on the power line. The proposed research result can be applied to two wire power communications system with one host and multiple low current consumption clients.

• KIEAE Journal
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• v.8 no.1
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• pp.71-79
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• 2008

Lower birth rate and higher elder people are serious social problem in Korea. In 2003, the total birth rate is 1.19 per person, that record is lowest among OECD country. In 2005, Korea has been the aging society with 9.0% in aged population rate. Increasing of aged population results in elder estrangement and confliction with other generations. The social problem can be solved in some degree by improving housing environment and many kinds of welfare program. This study suggests a solution of the problem by applying community space located on ground level floor. The ground level floor of apartment has many physical benefits like connection to the earth, extension, safeness for the aged and child. in case of the National Rental apartment, small residential area and high rate of elder, child, the disabled make the ground level floor useful space for community. According to case study, almost the National Rental apartment hasn't enough facilities supporting various generations and don't supply comfortable environment. So, this study presents how to design the National Rental Apartment's community space located on ground level floor.

• Journal of Distribution Science
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• v.14 no.4
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• pp.103-110
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• 2016

Purpose - This study investigates the improvement of rationalization of distribution structure in Korean diamond market. It also explores the international distribution of diamond and how the distribution of Korean diamond market system was improved. This study also for providing the evaluation method in case of purchasing diamond on the consumers. Research Design, Data, and Methodology - The research investigates how international diamond distribution market has been changed since 1933 by De Beers. The international Diamond rough stone has been deregulated in supply and demand by Debeers since July, 2000, therefore, the price maintenance policy of diamond market also has been changed. In the short term, the diamond price in market has been down, whereas, in the long term, the market share of Debeers has affected the high quality of diamond price in world market. Before 1985, both G color and VVS1 clarity were used as the level of percentages in the diamond certificate of authenticity in Korea. But, after 1985, the diamond certificate of authenticity uses Diamond Grading Report. Results - Between the 1970's and 1980's, Debeers had controlled about 80 percentages of international diamond supply market. But, Debeers share in diamond market fell by 60 percentages in 2000's. Debeers supplied 31%(4390 carets) of international diamond supply and 41%(39 billion dollars) in 2003. However, Debeers shares 50% of market shares in the diamond supply market by Alosa in Russia. In Korea, the diamond grading report system has been used since 1985. But, the diamond grading report system has price bubbles and much irrational parts in grading system methods. Conclusions - 4C, the grading system of diamond, is a method for comparing and evaluating diamond objectively. Diamond is graded according to its color, cut, clarity, and carat. The price of diamond is determined based on its each item. Consumers purchase diamond for the purpose of investment and wearing. In terms of investment, it is recommended to purchase diamond with color of D grade, cut with Excellent or Very Good Cut grade, Clarity of FL or IF, and more than 3 carat. As for wearing purpose, it is highly recommended for diamond to have color of F or G grade, cut of Excellent or Very Good Cut, clarity of VS2 or SI1, and more than 1 carat Before 2000, Central Selling Organization(CSO) distributed about 80 percentages rough diamond to world market exclusively by purchase, classification, assessment, and sales. After 2000, Dbeers diamond company looses slowly market shares, while Almosa diamond company etc. in Russia are taking over world market shares more and more. Debeers market shares have been falling over the years, and the international diamond markets are gradually growing by other international diamond companies. But, there is no change in Korean diamond market after 1980's. Korean diamond distribution needs to follow international level of Diamond Grading System. By using different grading systems with different panel members, Korean diamond grading system needs to follow international perfect grading systems to grow diamond markets and maintain within top 10 diamond markets countries.

• The Journal of the Convergence on Culture Technology
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• v.8 no.6
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• pp.655-660
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• 2022

This paper analyzes the problem of the economic order quantity (lot size) of a retailer in a two-stage supply chain consisting of a supplier, a retailer(distributor), and a customer. In this two-stage supply chain, the supplier permits the retailer to defer payment for a certain fixed period of time for the purchase cost to be paid by the retailer as a price differentiation strategy with his competitor. In addition, in the case of customer goods such as food and grain, it is common to see that end-customer demand is generally depend on the level of inventory displayed by the retailer. From this perspective, this paper analyzes the inventory problem of retailers under the assumption that the supplier may allow a certain period to suspend payments for the purchase of goods and the end customer demand is a function of the retailer's inventory level increasing with size. In this regard, we need to analyze how much the length of the grace period for product purchase costs affect the retailer's lot-sizing policy. Therefore, we formulate the retailer's annual net profit and analyze the effect of the length of credit period on the retailer's inventory policy numerically.

• Asian-Australasian Journal of Animal Sciences
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• v.19 no.9
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• pp.1291-1297
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• 2006

The potential of the spot urine sampling technique as an alternative to performing a total urine collection to predict the microbial nitrogen supply was evaluated in crossbred bulls. In a completely randomized design, 20 growing crossbred bulls were assigned four levels of feed intake (120, 100, 80 and 60% of voluntary dry matter intake) on diets comprised of wheat straw and concentrate mixture (50:50). After three months of experimental feeding, a metabolism trial was conducted for ten days, during which spot urine collections were performed every 6 h post feeding on days 9 and 10. The daily urinary excretion of allantoin (A) and purine derivatives (PD) decreased with the reduction in feed intake while creatinine (C) excretion remained similar in animals fed at different levels. The microbial nitrogen (MN) supply calculated from the PD excreted in total urine (35.08 to 72.08 g/d) was higher at increased levels of feed intake. PD concentration in spot urine samples had poor correlation with feed intake except at 12 h post feeding. A/C ratio and PD/C ratio in spot urine samples remained similar irrespective of sampling time and significantly (p<0.01) correlated with daily urinary PD excretion, digestible organic matter intake and dry matter (DM) intake. However, no significant differences were evident in these ratios among animals fed at levels 120, 100 and 80% of voluntary dry matter intake (VDMI) at different times post feeding. These results suggests that the spot urine sampling technique to predict the microbial protein supply is not suitable for detecting small differences in MN supply and hence, estimation of PD excreted in total urine (mmol/d) is necessary to assess precisely the MN supply in crossbred bulls.