• 센서학회지
• /
• 제26권4호
• /
• pp.274-279
• /
• 2017

LCD(Liquid Crystal Display) panel cutting problem is a sort of two dimensional cutting stock problem. A cutting stock problem is problem that it minimizes the loss of the stock when a stock is cut into various parts. In the most research of the two dimensional cutting stock problem, it is supposed that the relative angle of a stock and parts is not important. Usually the angle is regarded as horizontal or perpendicular. In the manufacturing of polarizing film of LCD, the relative angle should be maintained at some specific angle because of the physical and/or chemical characteristics of raw material. We propose a mathematical model for solving this problem, a two-dimensional non-Guillotine cutting stock problem that is restricted by an arranged angle. Some example problems are solved by the C++ program using ILOG CPLEX classes. We could get the verification and validation of the suggested model based on the solutions.

• The Journal of Asian Finance, Economics and Business
• /
• 제8권7호
• /
• pp.1-9
• /
• 2021

This paper investigates the impact of the domestic and global outbreak of the coronavirus (COVID-19) pandemic on the trading size of the Malaysian stock (MS) market. The theoretical model posits that stock markets are affected by their response to disasters and events that arise in the international or local environments, as well as to several financial factors such as stock volatility and spread bid-ask prices. Using daily time-series data from 27 January to 12 May 2020, this paper utilizes the traditional Augmented Dickey and Fuller (ADF) technique and Zivot and Andrews with structural break' procedures for a stationarity test analysis, while the autoregressive distributed lag (ARDL) method is applied according to the trading size of the MS market model. The analysis considered almost all 789 listed companies investing in the main stock market of Malaysia. The results confirmed our hypotheses that both the daily growth in the active domestic and global cases of coronavirus (COVID-19) has significant negative effects on the daily trading size of the stock market in Malaysia. Although the COVID-19 has a negative effect on the Malaysian stock market, the findings of this study suggest that the COVID-19 pandemic may have an asymmetric effect on the market.

• 한국건설관리학회:학술대회논문집
• /
• 한국건설관리학회 2007년도 정기학술발표대회 논문집
• /
• pp.549-552
• /
• 2007

건설업에서의 재고관리는 경쟁력 확보와 원가 절감이라는 측면에서 중요하다. 일반적인 공동주택에 있어서는 야적장 확보가 어느 정도 확보되어 있지만, 도심지 공사에 있어서는 야적장의 확보가 재고관리 못지않은 큰 문제가 되고 있다. 그러나 그간 현장의 재고관리는 야적장의 크기를 고려하지 않은 기존의 경험과 직관에 의한 관리가 이루어져 합리적이고 체계적인 해결방안을 찾지 못했다. 이에 본 연구에서는 먼저 일반적인 재고와 재고관리에 대한 개념을 확인하고, 건설현장의 특수성과 야적장의 크기를 고려한 경제적 주문량 산정법을 제시하고자 한다.

• 아태비즈니스연구
• /
• 제14권1호
• /
• pp.73-91
• /
• 2023

Purpose - The purpose of this study is to re-examine the disclosure effect of stock splits and long-term performance after stock splits using stock split data over the past 10 years, and infer the motivation (signal or opportunism) of stock splits. In addition, we focus on exploring the determinants of the short- and long-term market response to stock splits. Design/methodology/approach - We measure the short-term market response to a stock split and the long-term stock performance after the stock split announcement using the event study method. We analyze whether there is a difference in the long-term and short-term market response to a stock split according to various company characteristics through univariate analysis and regression analysis. Findings - In the case of the entire sample, a statistically significant positive excess return is observed on the stock split announcement date, and the excess return during the 24-month holding period after the stock split do not show a difference from zero. In particular, the difference between short-term and long-term returns on stock splits is larger in companies with a large stock split ratio, small companies, large growth potential, and companies with a combination of financial events after a stock split. Research implications or Originality - The results of this study suggest that at least the signal hypothesis for a stock split does not hold in the Korean stock market. On the other hand, it suggests that there is a possibility that a stock split can be abused by the manager's opportunistic motive, and that this opportunism can be discriminated depending on the size of the stock split, corporate characteristics, and financing plan.

• 경영과정보연구
• /
• 제26권
• /
• pp.293-309
• /
• 2008

This study examined the market efficiency of korea stock market by comparing variance ratios(VR) of stock groups which is sorted by market capitalization. We compute variance ratios of KOSPI large capitalization, midium capitalization, and small capitalization for 546 trading days from 2006/01/02 to 2008/04/15. For our study, we also use high frequency data that is; intra-day 1 minute data. The characteristics of variance ratios of stock groups by market capitalization as follows: From 1 to 5 minute interval, variance ratios of three stock group increase far from zero(0). The longer time interval, the more variance ratios decrease, but only large capitalization converge on around zero. This means that the market of large capitalization is more efficient compare to other stock groups. The entire sample period can be divided two sub-period because the impact of sub prime crisis arised from U.S.A. influences Korea stock market. Before sub prime crisis, the VRs of mid cap and small cap do not converge on around zero except large cap although the time interval is longer. After sub prime crisis, the VRs of three stock groups decrease when time interval is longer, but only large cap converge on around zero. We conclude that large cap is more efficient than other stock groups in Korea Stock Market.

• 한국경영과학회:학술대회논문집
• /
• 한국경영과학회 1989년도 추계학술발표회 발표논문초록집; 이화여자대학교, 서울; 23 Sep. 1989
• /
• pp.90-90
• /
• 1989

• 수산경영론집
• /
• 제35권1호
• /
• pp.1-22
• /
• 2004

Since the red grouper stock was initially declared to be overfished by the NMFS in September 2002, the Gulf of Mexico Fishery Management Council must prepare for the red grouper rebuilding plan considering the following alternative management policies: Total Allowable Catch(TAC), 5 - month season closure, 1800 - pound trip limit, and 50 - fathom longline boundary. The first concern the Council has is to evaluate the effects of recommended policies and the second is to analyze the impact of management policies on yellow edge grouper. This is because the fleets harvest red grouper also catch yellowedge grouper, the regulations on red grouper are likely to allow fishing effort to be distributed into yellowedge grouper. Therefore, this study is aimed at evaluating the biological and economic effects of management policies considering simultaneously the impact of red grouper regulations on yellow edge grouper by developing a combined red grouper and yellowedge grouper bioeconomic model. The overall results indicate that management policies for red grouper would adversely affect the yellowedge grouper stock if yellowedge grouper is not protected by its regulations. The TAC policy has the most serious impact on the yellowedge grouper stock, while the 1800 - pound trip limit policy minimizes the reduction in the yellowedge grouper stock. However, the target stock size of red grouper is achieved as well as the largest net present value of returns is gained in the TAC policy.

• 디지털산업정보학회논문지
• /
• 제4권4호
• /
• pp.113-125
• /
• 2008

This paper investigates the spillover effects(co-movements) between korean and U.S stock market by KOSPI and DJIA Index. Especially it compare to the pre- and post period of U.S. financial crisis resulted from sub-prime mortgage loan. The main results are as follows. First, the spillover effects of DJIA(U.S. market) to KOSPI(Korean market) are strong. This result accord with the former researches on this subject. Second, spillover effects are more strong after U.S. financial crisis. A possible reason for this phenomenon is a trend which the major investors such as foreign and institutional investors in domestic stock market have more attention to U.S. stock market. Third, the spillover effects appear in the opposite direction, that is KOSPI(Korean Stock Market) to DJIA(U.S. Stock Market). It seems to be the results of asian stock market's growing infIuences to European and U.S Markets.

• 경영과학
• /
• 제28권1호
• /
• pp.53-60
• /
• 2011

Time series analysis methods have been traditionally used in stock price prediction. However, most of the existing methods represent some methodological limitations in reflecting influence from external factors that affect the fluctuation of stock prices, such as oil prices, exchange rates, money interest rates, and the stock price indexes of other countries. To overcome the limitations, we propose a network based method incorporating the relations between the individual company stock prices and the external factors by using a graph-based semi-supervised learning algorithm. For verifying the significance of the proposed method, it was applied to the prediction problems of company stock prices listed in the KOSPI from January 2007 to August 2008.

• 한국경영과학회:학술대회논문집
• /
• 대한산업공학회/한국경영과학회 2006년도 춘계공동학술대회 논문집
• /
• pp.25-32
• /
• 2006

Given a schedule of train to be routed by a Railway Stock, Railway Stock Routing Problem determine a sequence of train while satisfying turnaround time and maintenance restrictions. The objective is to minimize the Railway Stock during a week and each day simultaneously. And we prove that Railway Stock Routing Problem with maintenance restrictions is NP-hard. In this paper, we present two stage approaches that solve the Railway Stock Routing Problem in a reasonable time. In first stage we relax maintenance restrictions and formulate as a Min-cost-flow problem. Then, in the second stage, we attempt to satisfy maintenance restrictions using ours heuristic algorithm. We show the computational result of applying to an actual train schedule data.