• 한국윤활학회:학술대회논문집
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• 한국윤활학회 1995년도 제22회 학술대회
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• pp.1-3
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• 1995

Aspects of the current trend in lubricants and future challenges are discussed. The discussion highlights key enviromnental issues regarding to resource conservation, toxicological consideration and environmental acceptability. Also highlighted are base stocks trends relative to hydroprocessed stocks (HVI, VHQ and XHQ), synthetic base stocks (PAO and organic esters) and biodegradable fluids (vegetable oils and special esters). Equipment severity and lubricant performance quality are briefly described.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2007년도 추계학술대회 논문집
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• pp.859-864
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• 2007

The rolling stock which is used the most frequently by public transportation has to secure reliability and safety. In these, vibration is the important factor which causes of serious problem of rolling stock. By the way, rolling stocks vibration test specific activity that is using translating JIS standard is serious mistake, but it is actuality that is used until present more than ten years. Study wishes to analyze problem of standard of domestic rolling stocks and present countermeasure.

• 기술혁신학회지
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• 제6권2호
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• pp.203-212
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• 2003

본 논문은 연구개발 및 정보통신스톡의 투입이 국내 산업의 생산성을 단순히 양적인 측면에서 증가를 유도하였는지 아니면 총요소생산성의의 증가를 통한 질적인 향상을 유도하였는지의 차이를 성장회계분석과 시계열분석을 통하여 차이를 규명하고 있다. 양적인 측면에서 투입요소들에 대한 영향정도는 유효하게 나타나고 있는 반면, 질적인 측면에서의 투입요소들의 유효성은 모호한 결과를 보이고 있다.

• 한국철도학회:학술대회논문집
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• 한국철도학회 1998년도 추계학술대회 논문집
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• pp.505-511
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• 1998

Production technologies for aluminum rolling stocks are mainly related to welding of aluminum alloys. Automatic welding of extrusion profiles and control of welding deformations are the important contents of the production technologies. Another production technology other than welding is the technique for surface treatment of aluminum carbody. In this paper, problems caused during construction of the test carbody are described and the remedies for the problems are suggested. The accumulated experiences and systematic data will be helpful for the mass production of aluminum rolling stocks in the furture.

• International Journal of Industrial Entomology and Biomaterials
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• 제11권2호
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• pp.93-98
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• 2005

Studies on extended egg preservation schedule from 120 days to 180 days was taken up with 20 germplasm accessions of mutant silkworm genetic stocks of Bombyx mori L. Statistical analyses of the data collected over three trials revealed no significant changes both in the qualitative and quantitative traits of the genetic stocks between treatment (6 months egg preservation) and control (4 months egg preservation), except for fifth instar larval duration in TMS-61, TMS-62, TMS64, TMS-31 and TMS-34 shell weight in TMS-62, TMS-64 and TMS-66. Thus, the results indicate that extended schedule of 6 months egg preservation can safely be adopted, which will reduce the cost of conservation and minimize the genetic erosion owing to reduced crop cycle.

• 한국항해항만학회지
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• 제41권2호
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• pp.71-78
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• 2017

This paper aims to investigate the time-varying systematic risk of the stocks of Korean logistics firms. For this purpose, the period from January 1991 to October 2016 was examined with respect to 21 logistics companies that are listed on the Korea Exchange. The systematic risk of the logistics stocks is measured in terms of the Capital Asset Pricing Model (CAPM) beta for which the sensitivity of a stock is compared to the return changes of the whole market. Overall, the betas of the stocks of the Korean logistics companies are significantly lower than those of the market unity; however, it was revealed that the logistics betas are not constant, but are actually time-varying according to different economic regimes, which is consistent with the previous empirical findings. This finding is robust across different measurements of the logistics betas. In addition, the impact of macroeconomic factors on the logistics betas was examined. The present study shows that the logistics betas are positively associated with foreign exchange-rate changes.

• 한국벤처창업학회:학술대회논문집
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• 한국벤처창업학회 2018년도 춘계학술대회
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• pp.183-185
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• 2018

Online search has recently become a popular business research field not only because the search volume is used to predict demand, but also consumer search history is effective to predict product prices and investment returns. This study analyzes the relationship between the Internet search volume of IPO stocks and their post-IPO stock returns in Korean Exchange. We find that the lower the amount of Internet search for stocks before IPO, the higher the stock returns after IPO both in short and long-term. Similar results are shown for excess returns over benchmark stocks. This finding suggests that IPO stocks with low investors' attention based on the Internet search volume may be undervalued.

• 경영과정보연구
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• 제26권
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• pp.1-26
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• 2008

Since Capital Asset Pricing Model(CAPM) was proposed in the early 1960s by William Sharpe(1964) and John Lintner(1965) researchers have investigated the validity of the model. The results of empirical researches do not show that expected returns of stocks seem to be determined solely by systematic risk of the stocks as precicted by CAPM. In this paper the relationship between transaction volume and expected returns of stocks was investigated. Empirical cross-sectional analysis about the data collected from Stock Market of Korea Exchange shows transaction volume and variability of stock returns play an important role in pricing assets. The well-known variables which were used traditionally to explain the differences of expected returns among stocks such as the size and beta of a stock seems to be unimportant in pricing assets.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2009년도 춘계학술대회 논문집
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• pp.198-205
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• 2009

일반적으로 철도차량은 획득비용보다 운영 유지보수비용이 높다는 것이 알려져 있다. 운영 유지보수비용의 절감을 위해서는 운영 유지보수 비용 측면에서 효율적으로 설계된 철도차량을 획득하는 것이 매우 중요하다. 따라서 철도차량의 획득단계에서부터 운영 유지보수비용을 포함한 수명주기비용을 고려하는 것이 필요하다. 본 연구는 철도차량의 획득단계에서 수명주기비용을 고려하기 위한 절차 및 수명주기비용 모형을 제시한다.

• 경영과학
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• 제31권1호
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• pp.49-61
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• 2014

We investigate the hedging effectiveness of incorporating single-stock futures into the corresponding stocks. Investing in only stocks frequently causes too much risk when market volatility suddenly rises. We found that single-stock futures help reduce the variance and risk levels of the corresponding stocks invested. We use daily prices of Korean stocks and their corresponding futures for the time period from December 2009 to August 2013 to test the hedging effect. We also use system trading technique that uses automatic trading program which also has several simulation functions. Moving average strategy, Stochastic's strategy, Larry William's %R strategy have been considered for hedging strategy of the futures. Hedging effectiveness of each strategy was analyzed by percent reduction in the variance between the hedged and the unhedged variance. The results clearly showed that examined hedging strategies reduce price volatility risk compared to unhedged portfolio.