• Title/Summary/Keyword: trades off

Search Result 12, Processing Time 0.03 seconds

A Study on the Issues for Developing e-Trade Service Provider (e-무역상사의 발전과제에 관한 연구)

  • Lee, Bong-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.20
    • /
    • pp.423-440
    • /
    • 2003
  • The trial business of e-trade service providers for supporting small enterprises to find their markets abroad is about to begin from the end of March, 2003. The department of Industrial Resources held the "Committee of e-trade service provider selection" with professors of e-trade field, and selected three companies: ECplaza, EC21 and Tpage Global. The e-trade service providers combine the various technologies of on-line trades and off-line trades to support small enterprises with lack of marketing skills by intermediation of overseas buyers and production, registration of e-catalogs and offers, administration of inquiries, trade negotiations, and contract settlement. Prospective small enterprises with exports under US$ 5 million will be selected by 2005. The selected companies will be supported fully by the government, and will be provided with the services by the e-trade service providers. e-Trade service will be the most potential and successful ones in the future, which helps traders and organizations preparing for globalization.

  • PDF

Optimal Forecasting for Sales at Convenience Stores in Korea Using a Seasonal ARIMA-Intervention Model (계절형 ARIMA-Intervention 모형을 이용한 한국 편의점 최적 매출예측)

  • Jeong, Dong-Bin
    • Journal of Distribution Science
    • /
    • v.14 no.11
    • /
    • pp.83-90
    • /
    • 2016
  • Purpose - During the last two years, convenient stores (CS) are emerging as one of the most fast-growing retail trades in Korea. The goal of this work is to forecast and to analyze sales at CS using ARIMA-Intervention model (IM) and exponential smoothing method (ESM), together with sales at supermarkets in South Korea. Considering that two retail trades above are homogeneous and comparable in size and purchasing items on off-line distribution channel, individual behavior and characteristic can be detected and also relative superiority of future growth can be forecasted. In particular, the rapid growth of sales at CS is regarded as an everlasting external event, or step intervention, so that IM with season variation can be examined. At the same time, Winters ESM can be investigated as an alternative to seasonal ARIMA-IM, on the assumption that the underlying series shows exponentially decreasing weights over time. In case of sales at supermarkets, the marked intervention could not be found over the underlying periods, so that only Winters ESM is considered. Research Design, Data, and Methodology - The dataset of this research is obtained from Korean Statistical Information Service (1/2010~7/2016) and Survey of Service Trend of Korea Statistics Administration. This work is exploited time series analyses such as IM, ESM and model-fitting statistics by using TSPLOT, TSMODEL, EXSMOOTH, ARIMA and MODELFIT procedures in SPSS 23.0. Results - By applying seasonal ARIMA-Intervention model to sales at CS, the steep and persisting increase can be expected over the next one year. On the other hand, we expect the rate of sales growth of supermarkets to be lagging and tied up constantly in the next 2016 year. Conclusions - Based on 2017 one-year sales forecasts for CS and supermarkets, we can yield the useful information for the development of CS and also for all retail trades. Future study is needed to analyze sales of popular items individually such as tobacco, banana milk, soju and so on and to get segmented results. Furthermore, we can expand sales forecasts to other retail trades such as department stores, hypermarkets, non-store retailing, so that comprehensive diagnostics can be delivered in the future.

$H_\infty$ control of contact position and force of a manipulator

  • Lee, Sangmoo;Yae, Harold
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 1994.10a
    • /
    • pp.440-445
    • /
    • 1994
  • An application of H$_{\infty}$ synthesis to contact control of a manipulator is suggested. Based on computed torque linearization of a manipulator, a target dynamics for contact motion control is defined and used as a reference model. The target dynamics relates position and force errors through free motion impedance and force error compensators. The H$_{\infty}$ control synthesis is adopted to find an optimum the compensator for position tied force control in various directions of the end-effector. The optimization is performed on the augmented criteria, which trades off the sensitivity function of the errors and the input load at the joints. A design example of the compensator is provided that meets the design specifications.s.

  • PDF

A Threshold Determining Method for the Dynamic Filtering in Wireless Sensor Networks Using Fuzzy System (동적 여과 프로토콜 적용 센서 네트워크에서의 퍼지 기반 보안 경계 값 결정 기법)

  • Lee, Sang-Jin;Lee, Hae-Young;Cho, Tae-Ho
    • 한국정보통신설비학회:학술대회논문집
    • /
    • 2008.08a
    • /
    • pp.197-200
    • /
    • 2008
  • In most sensor networks, nodes can be easily compromised by adversaries due to hostile environments. Adversaries may use compromised nodes to inject false reports into the sensor networks. Such false report attacks will cause false alarms that can waste real-world response effort, and draining the finite amount of energy resource in the battery-powered network. A dynamic enroute scheme proposed by Yu and Guan can detect and drop such false reports during the forwarding phase. In this scheme, choosing a threshold value is very important, as it trades off between security power and energy consumption. In this paper, we propose a threshold determining method which uses the fuzzy rule-based system. The base station periodically determines a threshold value though the fuzzy rule-based system. The number of cluster nodes, the value of the key dissemination limit, and the remaining energy of nodes are used to determine the threshold value.

  • PDF

An Adaptive Threshold Determining Method in Senor Networks using Fuzzy Logic (통계적 여과기법에서 퍼지 규칙을 이용한 적응적 보안 경계 값 결정 방법)

  • Sun, Chung-Il;Cho, Tae-Ho
    • 한국정보통신설비학회:학술대회논문집
    • /
    • 2008.08a
    • /
    • pp.177-180
    • /
    • 2008
  • There are many application areas of sensor networks, such as surveillance, hospital monitoring, and home network. These are dependent on the secure operation of networks, and will have serious outcome if the networks is injured. An adversary can inject false data into the network through the compromising node. Ye et al. proposed a statistical en-route filtering scheme (SEF) to detect such false data during forwarding process. In this scheme, it is important that the choice of the threshold value since it trades off security and overhead. This paper presents an adaptive threshold value determining method in the SEF using fuzzy logic. The fuzzy logic determines a security distance value by considering the situation of the network. The Sensor network is divided into several areas by the security distance value, it can each area to uses the different threshold value. The fuzzy based threshold value can reduce the energy consumption in transmitting.

  • PDF

Rollover Effects on KOSPI 200 Index Option Prices (KOSPI 200 지수 옵션 만기시 Rollover 효과에 관한 연구)

  • Kim, Tae-Yong;Lee, Jung-Ho;Cho, Jin-Wan
    • The Korean Journal of Financial Management
    • /
    • v.22 no.1
    • /
    • pp.71-91
    • /
    • 2005
  • The object or this paper is to analyze the rollover effect on KOSPI 200 index option prices. Especially we analyze the implied volatilities of the options that became the near maturity options as the old one expired. For this analysis, a panel data of KOSPI 200 Index Option Prices from year 1999 to year 2001 were used, and following results were obtained. First, after controlling for the underlying index returns, strike prices and other pricing factors, the call option prices tend to decrease while the put option prices tend to increase during the week of expiry. Second, if one concentrates on the daily price changes, call option prices tend to go up on Thursday (as the old options expire), and then experience a price decrease on the following day, while the reverse is true for the put options. These results imply that the option prices are affected by some of the market micro-structure effects such as whether the option is the near maturity option. We conjecture that the reason for this is related to the undervaluation of KOSPI 200 futures. The results from this paper have implications on the timing of option trades. If one wants to buy put options, and/or sell call options, he has better off by executing his intended trades before the old options expire. On the other hand, if one wants to buy call options, and/or sell put options, hi has better off by executing his intended trades after the expiry.

  • PDF

Optimal synthesis for retrofitting heat exchanger network

  • Lee, In-Beum;Jung, Jae-Hak;Chang, Kun-Soo
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 1990.10b
    • /
    • pp.1259-1264
    • /
    • 1990
  • During the past two decades, a lot of researches have been done on the synthesis of grassroot heat exchanger networks(HEN). However, few have been dedicated to retrofit of existing heat exchanger networks, which usually use more amount of utilities (i.e. steam and/or cooling water) than the minimum requirements. This excess gives motivation of trades-off between energy saving and rearranging investment. In this paper, an algorithmic-evolutionary synthesis procedure for retrofitting heat exchanger networks is proposed. It consists of two stages. First, after the amount of maximum energy recovery(MER) is computed, a grass-root network featuring minimum number of units(MNU) is synthesized. In this stage, a systematic procedure of synthesizing MNU networks is presented. It is based upon the concept of pinch, from which networks are synthesized in a logical way by the heuristics verified by the pinch technology. In the second stage, since an initial feasible network is synthesized based on the pre-analysis result of MER and must-matches, an assignment problem between new and existing units is solved to minimize total required additional areas. After the existing units are assigned, the network can be improved by switching some units. For this purpose, an improvement problem is formulated and solved to utilize the areas of existing units as much as possible. An example is used to demonstrate the effectiveness of the proposed method.

  • PDF

The Tradeoff of Bullwhip Effect with Inventory Costs in a Supply Chain (공급사슬에서 채찍효과와 재고비용 사이의 상충)

  • Heung-Kyu Kim
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.46 no.4
    • /
    • pp.93-100
    • /
    • 2023
  • In this paper, an alternative inventory policy that trades off the bullwhip effect at an upstream facility with cost minimization at a current facility, with the goal of reducing system wide total expected inventory costs, when external demand distributjon is autocorrelated, is considered. The alternative inventory policy has a form that is somewhere between one that completely neglects the autocorrleation and one that actively utilizes the autocorrelation. For this purpose, a mathematical model that allows us to evaluate system wide total expected inventory costs for a periodic review system is developed. This model enables us to identify an optimal inventory policy at a current facility that minimizes system wide total expected inventory costs by the best tradeoff of the bullwhip effect at an upstream facility with cost minimization at a current facility. From numerical experiments, it has been found that (i) when the autocorrelation is negative, the optimal policy is one that actively utilizes the autocorrelation, (ii) when the autocorrelation is small and positive, the optimal policy is one that neglects the autocorrelation, and (iii) when the autocorrelation is large and positive, the optimal policy is somewhere between one that actively utilizes the autocorrelation and one that neglect the autocorrelation.

A Study on the Tact Management Using a Daily Report Information (작업일보 정보를 이용한 택트공정관리방안 연구)

  • Kim Sun-Kuk;Na Kwang-Soo;Kim Tea-Hui;Yu Jung-Ho;Lee Hyun-Soo;Kim Chang-Duk
    • Korean Journal of Construction Engineering and Management
    • /
    • v.4 no.4 s.16
    • /
    • pp.80-87
    • /
    • 2003
  • Recent construction projects, characterized by its complication and high-tech, requites highly efficient management efforts. Among others, labor management is very important due to various trades and increasing number of activities. Along with advanced information technology, Web-based construction site management systems are widely adopted in order to improve the efficiency of construction management. However, such information systems have mainly 2 (two) shortcomings. One is that the existing systems were developed and implemented not in subcontractor-centered way but in main contractor-centered way, though the daily construction information is mainly generated, gathered and reported by subcontractors. As a result, subcontractors seldom have access to such information systems. The other is that loss or omission of information may uclw during the information processing process, in which subcontractors have no direct access to such information system. This becomes a major reason of losing the reliability of the information in daily construction report. As a solution for these problems, this paper suggests a Web-based information system that is subcontractor-oriented and also suitable for tact schedule management.

Spatial Decision Support System for Development and Conservation of Unexecuted Urban Park using ACO - Ant Colony Optimization - (장기 미집행 도시계획시설 중 도시공원을 위한 보전/개발 공간의사결정 시스템 - 개미군집알고리즘(ACO)를 이용하여-)

  • Yoon, Eun-Joo;Song, Eun-Jo;Jeung, Yoon-Hee;Kim, Eun-Young;Lee, Dong-Kun
    • Journal of the Korean Society of Environmental Restoration Technology
    • /
    • v.21 no.2
    • /
    • pp.39-51
    • /
    • 2018
  • Long-term unexecuted urban parks will be released from urban planning facilities after 2020, this may result in development of those parks. However, little research have been focused on how to develop those parks considering conservation, development, spatial pattern, and so on. Therefore, in this study, we suggested an optimization planning model that minimizes the fragmentation while maximizing the conservation and development profit using ACO (Ant Colony Optimization). Our study area is Suwon Yeongheung Park, which is long-term unexecuted urban parks and have actual plan for private development in 2019. Using our optimization planning model, we obtained four alternatives(A, B, C, D), all of which showed continuous land use patterns and satisfied the objectives related to conservation and development. Each alternative are optimized based on different weight combinations of conservation, development, and fragmentation, and we can also generated other alternatives immediately by adjusting the weights. This is possible because the planning process in our model is very fast and quantitative. Therefore, we expected our optimization planning model can support "spatial decision making" of various issue and sites.