• Title/Summary/Keyword: Agency costs

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A Study on the Delivery Method of Bundles through Efficient Ordering (효율적 주문을 통한 묶음 배달 방식 연구)

  • Shin, Minseok;Park, Seoungjun;Lim, Youngjun;Park, Minjun;Kim, Youngjong
    • Proceedings of the Korea Information Processing Society Conference
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    • 2022.05a
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    • pp.98-101
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    • 2022
  • Before the delivery platform was established, when consumers ordered by phone to the store, a rider hired by the store directly delivered it or delivered it through a delivery agency. However, as the food service culture develops, delivery platforms grow and more people seek convenience, making it difficult to see orders without delivery platforms now. When ordering using the delivery platform in this way, there is a shortage of riders and a negative effect of increasing delivery costs for supply. Therefore, we propose a joint delivery chat app to solve the problems of the current delivery system and reduce delivery costs.

Design of Micro Water Supply System Using Solar Energy

  • Sharma, Ekisha;Khatiwada, Nawa Raj;Ghimire, Anish
    • Journal of Appropriate Technology
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    • v.5 no.1
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    • pp.8-17
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    • 2019
  • Solar pumps, for water lift systems, is becoming popular in rural areas for supplying drinking water in dry seasons when its need is elevated. The development in technology has also made solar pumps readily available and cheap which has increased its demands. So, for scattered settlements having a limited budget for operation and maintenance costs, solar pump is preferred over grid connected electrical pumping systems. This primary objective of the study was to design a solar photovoltaic pumping drinking water supply system for a small health post which is about 45 km east from Kathmandu, the capital city of Nepal. The study also compared and verified the final design with the system's existing design prepared by a development agency. The water source for this study was a confined aquifer 115m below the surface. The water demand was calculated to be 11m3 per day. A 1500 kPa submersible pump attached to a motor was selected and installed. Along with that twelve solar panels, reservoir, transmission main and distribution main was designed. The outcomes conclude solar photovoltaic pumping water supply systems to be cost-effective with an estimated cost of only USD 0.84 million per MLD. Solar pumps require low maintenance and operation costs and its repairs can quickly be done by the local people. The study also shows that solar technology produces no sound, needs no fuel making it environmentally friendly.

Research on Investment Status and Revitalization Measures in Gaming Industry

  • Lee Jong Ho
    • International Journal of Advanced Culture Technology
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    • v.12 no.2
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    • pp.36-42
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    • 2024
  • The domestic gaming industry is a globally competitive field, but growth has recently slowed and competition in overseas markets is intensifying. Accordingly, it is important to analyze the investment status of the domestic gaming industry and study ways to revitalize it. The game industry is a labor-intensive, high-value-added industry that occupies an important position in the domestic content industry. However, the number of businesses and employees has been steadily decreasing for several years, and polarization within the industry is worsening. This is the effect of a decrease in investment in an industrial structure in which labor costs are the majority of production costs. Accordingly, we analyze the current status of the domestic gaming industry, and also analyze the investment status of the gaming industry and the investment structure of domestic venture capital to study the scale and required period of investment and investment projects needed to promote the industry. In this study, "the investment status of the domestic gaming industry and proposed revitalization measures. We study cooperation between the government, businesses, and academia to solve the problem of declining investment and slowing growth." We expect to strengthen competitiveness and continue to grow as we pursue revitalization plans.

The Study on Sustainable Development Strategy of the Insurance Agency : Focusing on the Case of Japan (보험대리점의 지속가능 발전방안에 관한 연구 : 일본 사례를 중심으로)

  • Ryu, Sung-kyung;Son, Seong-dong
    • Journal of Venture Innovation
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    • v.5 no.3
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    • pp.19-40
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    • 2022
  • The purpose of this study is to analyze and evaluate the role and merits and demerits of insurance agencies, which are the main sales channels of the domestic insurance market, from a neutral standpoint, and to present a roadmap by finding ways and tasks for the sustainable development of the insurance agency industry. Recently, criticisms and regulations on independent distribution channels have been strengthened due to deterioration in growth potential and profitability, and increase in civil complaints of insurance companies. In the 2000s, as the center of insurance sales channels shifted to GA and bancassurance, the supervisory authorities regarded the irrationality of project costs and recruitment fees as the root causes and announced a regulatory improvement plan. In view of these circumstance, the operating status, problems of domestic insurance agencies and their contribution to the insurance industry were reviewed. In addition, we tried to find a mid-to-long term development plan by analyzing the case of insurance agency operation in Japan. This study identified the operating status and contribution of insurance agencies in South Korea, and focused on the major status of the Japanese insurance agency industry, ways to improve management efficiency, and the status and role of self-regulatory organizations for insurance agencies. Based on this, it was proposed to improve the professionalism of the sales organization, introduce a company specializing in insurance sales, and to strengthen the status of the association of the insurance agency as for the development plan of the insurance agency industry in South Korea.

The Socioeconomic Cost of Injuries in South Korea (우리나라 손상의 사회경제적 비용)

  • Park, Kun-Hee;Lee, Jin-Seok;Kim, Yoon;Kim, Yong-Ik;Kim, Jai-Yong
    • Journal of Preventive Medicine and Public Health
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    • v.42 no.1
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    • pp.5-11
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    • 2009
  • Objectives : This study was conducted to estimate the socioeconomic cost of injuries in South Korea. Methods : We matched claims data from national health insurance, automobile insurance and industrial accident compensation insurance(IACI), and mortality data obtained from the national statistical office from 2001 to 2003 by patients unique identifier. Socioeconomic cost included both direct cost and indirect cost: the direct cost was injury-related medical expenditure and the indirect cost included loss of productivity due to healthcare utilization and premature death. Results : The socioeconomic cost of injuries in Korea was approximately 1.9% of the GDP from 2001 to 2003. That is, 12.1 trillion KRW(Korean Won) in 2001, 12.3 trillion KRW in 2002, and 13.7 trillion KRW in 2003. In 2003, direct medical costs were 24.6%(3.4 trillion KRW), the costs for loss of productivity by healthcare utilization were 13.0%(1.8 trillion KRW), and the costs for loss of productivity by premature death were 62.4%(8.6 trillion KRW). Conclusions : In this study, the socioeconomic cost of injuries in Korea between 2001 and 2003 was estimated by using not only health insurance claims data, but also automobile insurance, IACI claims and mortality data. We conclude that social efforts are required to reduce the socioeconomic cost of injuries in Korea, which represented approximately 1.9% of the GDP for the time period specified.

The Study on the annual average direct cost incidence per cancer patient (암환자 1인당 연 평균 직접비용 발생에 대한 연구)

  • Yoo, In Sook
    • The Journal of the Convergence on Culture Technology
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    • v.5 no.4
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    • pp.137-145
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    • 2019
  • Among the participants of the 2012 Korea Medical Panel survey, 308 people who have used emergency, hospitalization and outpatient services for cancer have been selected. The average annual direct cost per cancer patient was analyzed by adding up the patient's medical expenses, industrial copayments, and non-salary costs. The average annual direct direct cost of cancer spent by cancer patients is about 129,093,792 per male, 158,100,612 won for men and 110,482,075 for women.For those with health insurance, the total direct cost per person from cancer was 183,095,125 won and the beneficiaries were 46,241,705 won. By household income, the average annual direct direct costs per person were 112,459,971 won per patient in the household income quartile, 137,910,890 won for patients in the second quartile, 149,556,570 won in the third quartile and 112,730,461 won, quartile 5, respectively.Was 142,926,331 won.

Analysis of accident types at small and medium-sized construction sites based on web scraping and text mining (웹 스크래핑 및 텍스트마이닝에 기반한 중소규모 건설현장 사고유형 분석)

  • Younggeun Yoon
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.1
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    • pp.609-615
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    • 2024
  • The construction industry's fatality count stands at 402, comprising approximately 46% of total industrial accidents. Notably, construction costs less than 5 billion won account for about 69%, so strengthening safety management at small and medium-sized construction sites is required. In this study, 19,511 accident investigation data were collected using web scraping. Through statistical analysis of the collected structured data and text mining analysis of the unstructured data, accident types and causes of accidents were analyzed by construction costs at sites less than 5 billion won. As a result, it was confirmed that there were differences in accident types and causes depending on the construction costs. It is hoped that the results of this study will be used for customized safety management at small and medium-sized construction sites.

Process Improvement of Land System Engine for Visualization and Increasing Identification of Engine Oil Leakage (엔진오일 누유 가시화 및 식별력 증대를 위한 기동화력장비 엔진 공정개선)

  • Seo, Suk Ho;Kim, Ji Hoon;Oh, Dae San
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.3
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    • pp.321-327
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    • 2020
  • Engine oil leaks comprise the largest percentage of the major quality problems that have occurred during the engine production process for military land system equipment over the last two years. To minimize this, it is essential to understand the root cause of the engine oil leakage and perceive the more common leakage area, as well as reduce the quality costs of pre-identification for leaks in the engine assembly process and single items. Therefore, in this study, the mass production quality of engines installed and operated in power equipment was improved by visualizing the engine oil leakage injected with the fluorescent dye and increasing the identification of the engine oil leak phenomenon. For this reason, the possibility of substituting the engine oil was considered and the engine oil was injected with the fluorescent dye. The maintenance was improved by reforming the engine oil injection process and leakage inspection process. Finally, these results suggest that the quality costs between mass production processes can be minimized by ensuring the reliability of military engines by reducing the user's complaints and improving the quality control capabilities of engine manufacturers.

An evaluation on sealing performance of elastomeric O-ring compressed and highly pressurized (압축 및 내압을 받는 고무 오링의 기밀 성능 평가)

  • Park, Sung-Han;Kim, Jae-Hoon;Kim, Won-Hoon
    • Journal of the Korean Society for Precision Engineering
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    • v.26 no.2
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    • pp.86-93
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    • 2009
  • Elastomeric O-rings have been the most common seals due to their excellent sealing capacity, and availability in costs and sizes. One of the critical applications of O-ring seals is solid rocket motor joint seal where the operating hot gas must be sealed during the combustion. This has long been a design issue to avoid the system failure. For laterally constrained, squeezed and pressurized condition, deformed shape of O-ring was measured by computed tomography method and CCD laser sensor, compared with numerical calculations. As clearance gap changes, sealing performance had been evaluated on peak contact stresses at top, bottom and side contact surfaces. As clearance gap increases, peak contact stresses and contact widths in top and side contact surfaces increase, and the asymmetry of stress distributions is promoted due to pressure increase. It is suggested that peak stress of bottom contact surface can be approximated by simple superposition of peak ones due to squeeze and pressure. Under pressurized condition, sealing performance is dependent on not peak stresses of bottom and side contact surfaces but that of top.

Association between Corporate Governance and Corporate Performance in Iran

  • Moradi, Mahdi;Shiri, Mahmood Mousavi;Salehi, Mahdi;Piri, Habib
    • Journal of Distribution Science
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    • v.11 no.11
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    • pp.5-11
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    • 2013
  • Purpose - Considering corporate companies that are continually growing and bearing in mind the theory of agency, how confident can stakeholders be about their benefits in relation to managers' decisions? Previous research has indicated that the type of corporate governance can have an effective impact on companies' performance. The current study aims to investigate the impact of ownership structure on listed companies on the Tehran Stock Exchange. Research Design, Data, and Methodology - Through use of the correlation coefficient, the results indicate a positive correlation among the percentage of common stock held by board members, the percentage of non-executive board members, and separation of the positions of chairperson of the board of directors and managing director. Results - Based on the return on assets index, only the correlation between the proportion of ownership of the managing director and financial investment company ownership is significant. Conclusion -Managers can potentially make decisions that benefit themselves but are detrimental to shareholders' interests. Corporate governance is a factor that can mitigate agency costs. Corporate governance comprises the laws, regulations, structures, processes, cultures, and systems that lead to the achievement of objectives such as accountability, transparency, justice, and stakeholders' rights.