• Title/Summary/Keyword: convenience yield

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COMMODITY FUTURES TERM STRUCTURE MODEL

  • Choi, Hyeong In;Kwon, Song-Hwa;Kim, Jun Yeol;Jung, Du-Seop
    • Bulletin of the Korean Mathematical Society
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    • v.51 no.6
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    • pp.1791-1804
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    • 2014
  • A new approach to the commodity futures term structure model is introduced. The most salient feature of this model is that, once the interest rate model is given, the commodity futures price volatility is the only quantity that completely determines the model. As a consequence this model enables one to do away with the drudgeries of having to deal with the convenience yield altogether, which has been the most thorny point so far.

Design and Development of Web-Based Decision Support Systems for Wheat Management Practices Using Process-Based Crop Model (과정기반 작물모형을 이용한 웹 기반 밀 재배관리 의사결정 지원시스템 설계 및 구축)

  • Kim, Solhee;Seok, Seungwon;Cheng, Liguang;Jang, Taeil;Kim, Taegon
    • Journal of The Korean Society of Agricultural Engineers
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    • v.66 no.4
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    • pp.17-26
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    • 2024
  • This study aimed to design and build a web-based decision support system for wheat cultivation management. The system is designed to collect and measure the weather environment at the growth stage on a daily basis and predict the soil moisture content. Based on this, APSIM, one of the process-based crop models, was used to predict the potential yield of wheat cultivation in real time by making decisions at each stage. The decision-making system for wheat crop management was designed to provide information through a web-based dashboard in consideration of user convenience and to comprehensively evaluate wheat yield potential according to past, present, and future weather conditions. Based on the APSIM model, the system estimates the current yield using past and present weather data and predicts future weather using the past 40 years of weather data to estimate the potential yield at harvest. This system is expected to be developed into a decision support system for farmers to prescribe irrigation and fertilizer in order to increase domestic wheat production and quality by enhancing the yield estimation model by adding influence factors that can contribute to improving wheat yield.

Purchase Intention of Fashion Goods on Internet Shopping Mall - The Difference to Follow Internet Shopping Mall Utility Actual Condition and the Socioeconomic Variable - (인터넷 쇼핑몰에서 패션상품 구매의도에 관한 연구 - 사회경제적 변수 및 인터넷 쇼핑몰 사용실태에 따른 차이 -)

  • Jung, Jin-Ho;Park, Hea-Ryung
    • Fashion & Textile Research Journal
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    • v.3 no.3
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    • pp.249-256
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    • 2001
  • This study was to investigate difference across socioeconomic groups in factors of purchase intention of apparel in internet shopping mall and in satisfaction were internet shopping mall. A questionnaire was administered to collage students majoring in fashion design during May of 2001. Data was analyzed by using Factor analysis, T-test, one-way ANOVA, Duncan test, ${\chi}^2$-test. Factor analysis yield three factors of purchase intention, purchase stimulus, convenience and economic and rationality. Significant differences were found across levels of monthly pocket money and types of payment for purchase apparel of internet shopping mall purchase stimulus (factor 1). In convenience and economics (factor 2), differences were also significant across levels of purchase frequency, product price and payment ways of internet sopping mall. Significant difference was identified across sex type and levels of product price purchased in internet shopping mall (factor 3). Regarding internet shopping mall satisfaction, differences were significant across levels monthly pocket money and apparel purchase frequency of in internet shopping mall.

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Structural Analysis of Boiler Module for Sea-Transportation (해상 운송을 위한 보일러 모듈의 구조 해석)

  • Jeon, Y.C.;Kim, T.W.;Jeong, D.G.
    • Proceedings of the KSME Conference
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    • 2001.06a
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    • pp.788-793
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    • 2001
  • Finite element analysis was carried out to investigate the integrity and reliability of boiler module during sea transportation. The boiler module was supported by steel structure to relieve the instantaneous shock from oceanic wave and its primary parts were strengthened with several reinforcements. Finned tube walls which were used in the furnace wall were assumed as orthotropic plates having equivalent material properties. The bank tubes were also equivalently modeled in accordance with ASME B31.1 for the convenience of finite element modeling. The calculation results were compared with the yield stress of the material. In particular, the bank tube stress, which was evaluated by converting the calculated stresses in equivalent tubes into those in original tubes by using the ratio of diameter, was also examined with yield stress.

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Agronomic Characteristics as Affected by Polyethlene Film Mulching and Sowing Date in Vegetable Perilla (잎들깨 멀칭재배 및 파종기에 따른 생육특성)

  • 김동관;정찬식;천상욱;국용인;김명석;방극필
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.49 no.3
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    • pp.184-187
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    • 2004
  • In case of a semi-forcing culture for vegetable perilla, the following research results on the effect of black polyethylene mulching, the optimum sowing season, and the seedling stand improvement method were drawn. Soil temperature was higher and the emergence was faster in a black polyethylene mulching culture than in a non-mulching culture. However, the mature was late, the main stem were larger, and the seed yield, as well as the leaf yield, was greater in a mulching culture than in a non-mulching culture. Considering growth and chilling injury, the stable sowing season of vegetable perilla was judged to be the early in January. The covering materials for improvement of the seedling stand can be a non-woven fabric and hyaline polyethylene. However, the non-woven fabric seemed to be quite suitable in view of the stability and convenience of control after the emergence of perilla.

Production of spherical granule type yogurt with improving convenience and preservation (편리성 및 저장성이 증진된 구형과립 요구르트 제조)

  • Shin, Myung-Gon
    • Food Science and Preservation
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    • v.24 no.5
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    • pp.559-564
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    • 2017
  • Yogurt contains many microorganisms that are beneficial to human health, and is a probiotic that supplies many nutrients such as calcium and protein. It is difficult to safety preserve for a long time because it possesses a high content of water. To address this problem, powdered "instant" yogurt has been developed, but it has flaws low flowability and solubility. Therefore, yogurt was granulated using a fluidized bed granulator to increase flowability and solubility. The fluidized bed granulator was designed by using response surface methodology (RSM), whose variables were feeding rate (FR), atomization air pressure (AP) and product temperature (PT). After being granulated, the yogurt was analyzed for yield and lactic acid bacteria count. The maximum yield of yogurt granules was 79.42%, at FR of 0.54 mL/min, AP of 2.64 kPa, and PT of $58.18^{\circ}C$, and the colony count for lactic acid bacteria was more than $6log^{10}\;CFU/g$. Therefore, spherical granulation of yogurt using a fluidized bed granulator could be used for making convenient probiotic products with improved flowability and solubility.

Effects of Different Planting Methods on CMS Seed Production in Rice (벼 웅성불임계통 및 유지친의 재식방법이 교잡 종자생산량에 미치는 영향)

  • Heu, Mun-Hue;Park, Sun-Zik;Kim, Hong-Yul;Koh, Hee-Jong
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.33 no.2
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    • pp.138-145
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    • 1988
  • The effect of directions (north to south vs east to west) of planting row, planting intensities (10/15, 15/15, 20/15, 25/15 cm/cm) and the number of rows consecutively (1,2, 3,4) for both the CMS and pollen parent in alternation, on the seed yield of CMS of rice was tested with a breeding line V20A/Iri342$\^$*8/. When the planting row was made in vertical direction to the wind direction during anthesis, the seed yield was higher than the other direction regardless the planting densities and number of rows consecutive. Seed yield increased as high as 46.9%. The higher planting intensities up to 10/15 cm/cm yielded the higher hybrid seeds. The highest yield was 81.2 kg/ha. The yield variation among plants within a plot and among the plants within a replication was relatively large. Increased pollen parent row numbers caused increased grain fertility per plant, but the seed yield was increased by reduced pollen parent row number. Reduced CMS parental row numbers caused increased grain fertility per plant, but the seed yield was increased by increased CMS parental row numbers. Considering the hybrid seed yield, parental seed yield and operational convenience, 4 rows of CMS and 1 row of pollen parent in alternate with 20/15 or 25/15 (cm/cm) planting densities seemed to be the rational layout.

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Development of Spherical Granule of Fermented Red Ginseng Extracts (발효홍삼농축액 구형과립 제조 기술 개발)

  • Shin, Myung-Gon
    • Journal of the Korean Society of Food Science and Nutrition
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    • v.44 no.7
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    • pp.1064-1071
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    • 2015
  • Viscous fermented red ginseng extracts were dried and coated using a fluidized bed coater to increase convenience and consumer acceptance. The methods for making spherical granules of fermented red ginseng extracts with increasing convenience were established by using indigestible dextrin. Spherical granules of fermented red ginseng extracts with increasing convenience were made by mixing indigestible dextrin at 40% (40% IDD), 50% (50% IDD), and 60% (60% IDD) versus the soluble solid content of fermented red ginseng extracts. Spherical granules of fermented red ginseng extracts showed less angle of repose than powder of fermented red ginseng extracts. This means that spherical granules of fermented red ginseng extracts had good fluency with increased convenience. The more indigestible dextrin showed higher yields. Although 50% IDD showed less yield than 60% IDD, 50% IDD was the best mixing ratio for making spherical granules of fermented red ginseng extracts, as fermented red ginseng extracts is known as a healthy food. The optimized operation conditions of the fluidized bed coater for making 50% IDD were feeding rate 0.54 mL/min, atomization air pressure 2.15 bar, and product temperature $83.03^{\circ}C$.

Effectiveness Validation on Cold Multi-Stage Forging of Aluminum Inner Tie Rod Socket (알루미늄 이너 타이로드 소켓의 냉간다단단조 유효성 검증)

  • Park, Jae-Wook;Choi, Jong-Won;Jeong, Enn-Eun;Yoon, Il-Chae;Kang, Myungchang
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.21 no.1
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    • pp.49-55
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    • 2022
  • Recently, the automobile industry has continued to demand lighter materials owing to international environmental regulations and increased convenience. To address this demand, aluminum parts have increased in popularity and are mainly developed and produced through hot forging and cold pressing. However, because this method has low yield and low production efficiency, a new manufacturing method is desirable. In this study, the water capacity efficiency of an aluminum inner tie rod socket was investigated using cold forging that provided a high yield and excellent production efficiency. Mechanical properties were derived through tensile testing of 6110A aluminum materials, and critical fracture factor and process analysis based on experimental data were carried out. The optimized process was applied as a prototype using cold multi-stage forging, and based on the derived results, the formability, productivity, and material efficiency of aluminum inner tie rod socket parts using this cold forging process was verified.

The Study on Service Model through the Case Study of Internet Bank (인터넷 뱅킹의 사례연구를 통한 서비스모델 구현에 관한 연구)

  • Park, Chong-Don
    • International Commerce and Information Review
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    • v.7 no.1
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    • pp.75-94
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    • 2005
  • With most major full service banks having launched transactional Internet banking, attention is shifting to the realities of managing the Internet channel as a profitable component of an overall delivery strategy. In addition to examining Case Study and Internet Bank Model. Services of Internet Banking available through the Internet are as follows. 1. credit card loans, personal loans. 2. high-yield financial products. 3. insurance products. 4. securities products. 5. Case study of Foreign Internet Banking(ING, BNP, HSNC, City Bank). The study reviewed fields, including financial services, customer service, Website formation and design, convenience of use and system safety, Internet Banking Model, and many related areas. Internet Banking earned high marks in most fields. This study review focuses on the following: Understanding and meeting consumer expectations for us ability, site performance and functionality. Integrating the Internet channel into overall marketing, product delivery and customer service strategies. Strategies to increase customer satisfaction with Internet Banking and to attract new Internet bankers. therefore this study review activity model concretion of Internet Banking Model and Case Study.

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