• Title/Summary/Keyword: market stability

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Combustion Characteristics Study of an SI Engine Operated with DME Blended LPG Fuel (LPG-DME 혼합연료를 사용하는 전기점화 기관의 연소특성 연구)

  • Lee, Seok-Hwan;Oh, Seung-Mook;Choi, Young;Kang, Kern-Yong;Choi, Won-Hak;Cha, Kyoung-Ok
    • Journal of the Korean Institute of Gas
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    • v.12 no.3
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    • pp.7-12
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    • 2008
  • In this study, a spark ignition engine operated with the DME blended LPG fuel was investigated experimentally. Performance, emissions characteristics including hydrocarbon, CO, NOx, and combustion stability of an SI engine fuelled with DME blended LPG fuel were examined at $1200{\sim}5200\;rpm$. Results showed that stable engine operation was possible for a wide range of engine loads within 20% mass content of DME fuel. Also, engine output power within 10% mass content of DME fuel was comparable to that of pure LPG fuel operation. However, engine output power was decreased and break specific fuel consumption (BSFC) was severely increased with the amount of blended fuel as the energy content of DME was much lower than that of LPG. DME blended LPG fuel is expected to be potential for enlarging DME market.

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Development Strategies of The Hanwoo [Korean Native Cattle] Industry (한우산업의 발전전략)

  • Kim Jin Suk
    • Proceedings of the Korean Society of Crop Science Conference
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    • 1998.10a
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    • pp.68-111
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    • 1998
  • The structure of the Hanwoo (Korean Native Cattle) Industry remains very weak and vulnerable to the WTO/IMF system. Considering that the majority of cattle farmers are small sized, and that marketing systems are outdated and inefficient, rapid expansion of lower priced beef imports by WTO system and rapid increasing of production costs by IMF system would lead to the deprivation of a regular source of farm income and threaten the stability of rural life. Accordingly, the Hanwoo industry should be expanded in accordance with progress in the implementation of (1) programs for the structural adjustment and (2) measures to compensate for the loss. Efforts for lowering major production factor costs needs to continue, In order to increase the supply of calves at low cost, the programs of collective cow-calf farms should be expanded, thereby reducing the cost of calf purchase, which constitutes the largest share of Hanwoo production cost. Also, feedlot operations should be encouraged for small herd farms in order to achieve a substantial saving in beef production costs by integrated operations from calf production to cattle fattening. A substantial saving would also be made by collective purchase and distribution of various inputs through the cooperatives' channels. Extension services should be strengthened for cattle farm management, cattle care and feeding, prevention of cattle disease, etc. In order to minimize cash outlays for commercial mixed feeds, utilization of far by-products as feeds should be enhanced and production of forage crops productive of resources, such as land and rural labor, during the farm o(f-season, needs to be encouraged. Also, technological development for enhancing the nutritional value of farm by-products should be encouraged. Measures for successful segregation of the Hanwoo beef market should be implemented, thereby enhancing incentive for quality beef producers and protecting consumers willing to pay higher price for quality beef. For development of the Hanwoo industry, a considerable time frame would be required in order for (1) small livestock farmers to make a successful adjustment by staying in the enterprise and achieving increased price efficiency (2) livestock farmers to acquire know-how for producing quality Hanwoo beef, (3) the ongoing Government policy of enhancing price-quality competitiveness, and for improving the quality Hanwoo beef marketing to take root. (4) consumers to increase their ability to distinguish meat quality, and others.

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The Simulation and Forecast Model for Human Resources of Semiconductor Wafer Fab Operation

  • Tzeng, Gwo-Hshiung;Chang, Chun-Yen;Lo, Mei-Chen
    • Industrial Engineering and Management Systems
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    • v.4 no.1
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    • pp.47-53
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    • 2005
  • The efficiency of fabrication (fab) operation is one of the key factors in order for a semiconductor manufacturing company to stay competitive. Optimization of manpower and forecasting manpower needs in a modern fab is an essential part of the future strategic planing and a very important to the operational efficiency. As the semiconductor manufacturing technology has entered the 8-inch wafer era, the complexity of fab operation increases with the increase of wafer size. The wafer handling method has evolved from manual mode in 6-inch wafer fab to semi-automated or fully automated factory in 8-inch and 12-inch wafer fab. The distribution of manpower requirement in each specialty varied as the trend of fab operation goes for downsizing manpower with automation and outsourcing maintenance work. This paper is to study the specialty distribution of manpower from the requirement in a typical 6-inch, 8-inch to 12-inch wafer fab. The human resource planning in today’s fab operation shall consider many factors, which include the stability of technical talents. This empirical study mainly focuses on the human resource planning, the manpower distribution of specialty structure and the forecast model of internal demand/supply in current semiconductor manufacturing company. Considering the market fluctuation with the demand of varied products and the advance in process technology, the study is to design a headcount forecast model based on current manpower planning for direct labour (DL) and indirect labour (IDL) in Taiwan’s fab. The model can be used to forecast the future manpower requirement on each specialty for the strategic planning of human resource to serve the development of the industry.

Design Conditions for Dolphin Berth by Tanker Fleet Analysis

  • Kang, Seok-Jin;Lee, Joong-Woo;Lee, Dong-Hyun;Kim, Hee-Jae
    • Journal of Navigation and Port Research
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    • v.37 no.6
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    • pp.647-653
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    • 2013
  • Energy acquisition due to the increase of oil price is one of the most important issues and policy for most countries. Various tankers have been built in the world and sent to the trade market. It is necessary to build the port infrastructure and facilities to give them proper services such as mooring, packing, storing, and transshipment, etc. However, the domestic guidelines or standards for design and construction for the dolphin berth among these facilities are out of date and do not meet the recent trend of tanker types. Therefore, it requires amendment on the guidelines or standards. In this study, a detailed analysis of the tanker fleet, covering 8,000 ships under operation and order to build, is made to estimate the proper PBL(Parallel Body Length) of each tanker class. After discussion and comparison on the dolphin berth design and construction codes of various countries, those are the leading countries of tanker operation and management, suggestion was made to amend on the design code. The referred codes are of Korea, Japan, UK, USA, and Canada. The analysis of tanker fleet shows the PBL as 0.45L under the normal ballast condition. In order to verify the deduced amendment on the domestic design code for dolphin berth, it was selected one of the domestic dolphin berth, located at the Yeosu oil terminal, which is almost completed to construct. The design criteria and expected tankers to moor in that terminal were analyzed and the appropriateness and countermeasure for deficiency were summarized.

Stability Analysis of the CNG Storage Cavern in Accordance with Design Parameters (설계변수에 따른 압축천연가스 저장 공동의 거동 분석)

  • Park, Yeon-Jun;Moon, Hyung-Suk;Park, Eui-Seob
    • Tunnel and Underground Space
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    • v.23 no.3
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    • pp.192-202
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    • 2013
  • The domestic demand of natural gas has increased continuously due to the sudden rise of oil price and regulations on greenhouse gas to global warming. In order to improve the supply security of natural gas market in Korea, the agreement on supply of pipeline natural gas (PNG) in Russia was signed between Gazprom and Korea Gas Corporation in 2008. If the supply plan of Russian natural gas is realized, underground storage facilities would be required in order to balance supply and demand of natural gas because the gas demand is concentrated in the winter. This study investigated the safety of the storage facility in quantitative way considering several design parameters such as gas pressure, depth of the storage cavern, rock condition and in-situ horizontal stress ratio. Two dimensional stress analyses were conducted using axi- symmetry condition to examine the behavior of cavern depending upon suggested design parameters. Results showed that the factor of safety, defined as the ratio of 'shear strength'/'shear stress', was largely affected by the depth, rock class and gas pressure but was insensitive to the coefficient of lateral pressure(Ko).

A Study on the Construction of Port Communication Infra based on Mesh Network (Mesh Network 기반의 항만통신 인프라 구축방안)

  • Choi, Hyung-Rim;Lee, Doo-Won;Yoo, Dong-Ho;Kwon, Hae-Kyoung;Jeon, Yong-Sik;Lee, Ho-In
    • Journal of Korea Port Economic Association
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    • v.25 no.2
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    • pp.259-276
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    • 2009
  • The study herein has focused on offering foundation infrastructure in order for seamen who arrive at Korean ports to use internet service smoothly in waiting time and free time. It also concentrated on how to build communication infrastructure for efficient operations when improving existing ports and developing new ports. For this, it has grasped the tendency of researches concerning the existing port communication and has also investigated the status and problems of communication infrastructure being used currently in ports. So it has suggested several realistic development methods based on mesh network and has reviewed them in terms of the stability, economic feasibility and efficiency. Additionally, this research offers the results of the performance test conducted on major equipment in market by the suggested methods. This research can be a good guideline in building wireless communication systems of ports and is expected to contribute to creating traffic volume by improving the image of ports.

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Empirical Analysis on the Substitutability or Complementary Nature of Export and Import among Korea, China, and Japan (한-중-일 수출입의 대체·보완성에 관한 실증분석)

  • Rhee, Hyun-Jae
    • International Area Studies Review
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    • v.15 no.3
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    • pp.215-237
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    • 2011
  • The paper is basically designed to reveal substitutability or complementary nature of export and import among Korea, China, and Japan by employing unit root test, cointegration technique, and vector error correction model(VECM). Empirical evidences are shown that the trading among these countries has been dominated by a complementary nature in the short run which enables it to promote trading in those countries. In the long run, however, the substitutability nature effects strongly to the trading among Korea, China, and Japan. To this end, it could be tentatively concluded that market-oriented trading policies are more effective to stimulate the export and import in those countries in the short run, while a trading policy has to be selectively implemented by the substitutability nature in the long run basis. For instance, a stability policy for exchange rates and various commercial policies could be set for a short term target. Whereas, the substitutability nature should be counted in building up a new industrial structure or in implementing FTA agreement among Korea, China, and Japan.

The Analysis of Determinants of Currency Internationalization in a Multipolar World Economy and its Prospects (다극화시대의 국제통화 결정요인 분석 및 전망)

  • Kim, Hyungsik;Hwang, Yun-Seop
    • International Area Studies Review
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    • v.15 no.3
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    • pp.349-368
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    • 2011
  • The emergence of new multipolar world economy along with the predominant growth of emerging economies encourages these emerging countries to internationalize their currencies. Currently the discrepancy between qualification and status of international currency is easily observed, and the emerging market currencies are no doubt underestimated considering their share of the world's economic size and trade volume. This paper studies the determinant factors of currency internationalization for five key currencies (US Dollar, Yen, Euro, Pound, and Swiss Franc). The analysis shows economic size, trade volume, and the stability of price and exchange rate are most important. Based on this result, Chinese Yuan is forecast to become a new international currency in the near future. Therefore, Korea needs to preempt the issue of regional economic integration, and even currency integration, by taking into account the possibility of internationalized Yuan.

The Impact of Real Estate Value Changes on Retirement Preparation : Focusing on Private Pensions (부동산의 가격변화가 노후준비에 미치는 영향 : 사적연금을 중심으로)

  • Kim, Dae Hwan;Lee, Dong Hyun
    • Korea Real Estate Review
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    • v.28 no.3
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    • pp.53-64
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    • 2018
  • OECD countries have been stimulating private pensions instead of public pensions because the financial stability of public pensions has been threatened by the aging population. Korea, which has the fastest aging population in the world, has been following the recommended policies of major countries. Unlike major economies, however, most of Korea's household assets are composed of real estate assets. Due to the economic and social importance of real estate assets in Korea, the wealth effect of real estate has been used as a major tool in macroeconomic policy. This study analyzed the effect of real estate value changes on the contribution of private pensions (personal pension + retirement pension). Utilizing a two-way, fixed effect model with the balanced panel data of the National Survey of Tax and Benefit, empirical results presented that the private pension contribution increased by 0.171% when the value of real estate increased by 1%. Thus, real estate value changes were analyzed as positive for retirement preparation through private pension. These results suggested that if the real estate market would shrink in the future, consumption would decrease, and the degree of preparation for retirement might be smaller.

The importance of maintaining 'enjoyment' from creative work - A discussion on the relationship between intrinsic motivation and creative labor (일로부터 추구하는 '재미'의 중요성 - 창의 노동과 내재적 동기의 관계에 대한 고찰)

  • An, Chairin
    • Review of Culture and Economy
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    • v.20 no.3
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    • pp.115-144
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    • 2017
  • This paper analyzes the actual 'content' and 'role' of the intrinsic motivation of creative laborers during the creative production process. Based on semi-structured intensive interviews with 16 light-entertainment television PDs in South Korea, this paper articulated that intrinsic motivation towards creative work could be understood as a desire to maintain their level of enjoyment from creative work. The desire was classified into two different types of 'enjoyment', one was the enjoyment based on the expectation regarding the creative job, and the 'enjoyment' experienced primarily related to the creative production process that allows creative workers to actualize individual creative ambitions. In addition, such intrinsic motivation tended to provide a strong driving force for creative workers as they endured unfavorable working conditions that resulted from market principles(viewership ratings), economic stability, and work-life balance. This paper proposes that the tendency of creative workers to endure various undesirable working conditions is based on a strong intrinsic motivation to maintain their level of enjoyment from their creative career.