• Title/Summary/Keyword: Break even analysis

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An Empirical Study on the Relationship between the Key Success Factors and the Usage Effect of the e-Sports Business (e스포츠 비즈니스의 주요 성공요인과 이용효과와의 관계에 관한 실증연구)

  • Lee, Kyung-Jin;Kim, Chang-Su
    • The Journal of Information Systems
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    • v.20 no.2
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    • pp.109-134
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    • 2011
  • The purpose of this paper is to present an overview of the characteristics of the e-sports business at a crucial point in the era of information and knowledge. That is, an investigation was conducted surrounding the key success factors of e-sports as a newly growing industry, and the relationship between the key success factors and the usage effect. In order to do this, the key success factors were extracted from interviews with e-sports experts in conjunction with a survey that was conducted to gather empirical data. The key points of the statistical analysis of the survey are as follows. First, the success factors of a policy do not have a significant effect on the usage. Second, some administrative success factors of the e-sports business include the distribution of e-sports in the form of franchise chain, the establishment of policies to prevent the excellent members of e-sports from seceding, making a good impression as a high-class sport, the frequent notice of the break-even point, and educating people on how to use the e-sports machine. Third, the development and distribution of excellent e-sports software was analyzed as a technical success factor of the e-sports business. Finally, there is no doubt that results of this study can be used to facilitate the growth of the e-sports business as a new industry related to the IT industry.

The Effectiveness of CRM Approach in Improving the Profitability of Korea Professional Baseball Industry Measured by Entropy of ID3 Decision Tree Algorithm

  • Oh, Se-Kyung;Gwak, Chung-Lee;Lee, Mi-Young
    • Journal of Information Technology Applications and Management
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    • v.18 no.3
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    • pp.91-110
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    • 2011
  • Korea professional baseball industry has grown to take the lion's share of the domestic sports industry, but still does not make break even. The purpose of this study is to examine the financial impact of adopting the Customer Relation Management (CRM) approach on the profitability of Korea professional baseball industry. We use a measuring tool called entropy used in ID3 decision tree algorithm. In the paper, we specify five the most important factors that affect spectator satisfaction based on the previous literature, perform survey analysis, calculate entropy values, and find the results. We predicted the change in revenues when we adopt CRM by checking the spectators' willingness to pay more when the conditions of each factor are improved. We find that we can reap significant fruits of the effect of CRM introduction through enhancing 'game content factor' and 'game promotion factor' among the five factors. We also find that we can increase the revenues of domestic professional baseball teams to 2.4 times or 2.1 times the current level if we manage intensively those two factors respectively. It is very surprising to see that the improvement in total revenues makes both ends meet for domestic professional baseball teams. This clearly demonstrates the effectiveness of CRM approach in improving the profitability of organizations.

The Characteristics of Freewheeling Expressed in Korea Contemporary Fashion (한국 현대패션에 표현된 자유분방성)

  • Byun, Young-Hee;Chae, Keum-Seok
    • Journal of the Korean Society of Costume
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    • v.62 no.3
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    • pp.96-111
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    • 2012
  • This study is to analyze fashion phenomenon according to the concept of the characteristics of freewheeling to explain the de-constructive, eclectic, avant-garde tendencies in Contemporary Fashion. This study is to elicit the aesthetic characteristics through 400 pieces of visual data analysis from 2001S/S to 2011F/W that have the characteristics of freewheeling, nontechnical experiments do away with the classical form. The oriental ideas include the thoughts of different tastes that break the stereotypes according to the Western values and the pursuit of unconventional beauty. These also insist that everything in the world including human-being, nature and creation is not divided into two equal parts, and even beauty and ugliness originated from one. This study is to find the possibility of interpreting oriental aesthetics with open concepts that transcends the boundaries of full availability, unlike the Western values that accommodate the relative concept of the pursuit of diversity. Therefore, integrated and systematic approaches of oriental aesthetics that place much value on the coexistence of antithetic concepts are needed to understand the ambiguity of complexity and diversity in Contemporary fashion design.

The Prediction of Time-Dependent Thermal Conductivity of Polyurethane Foam with Cell Gas Analysis (셀 가스분석을 이용한 우레탄폼의 열전도도 장기변화 예측)

  • Lee, Hyo-Jin;Chun, Jong-Han;Kim, Jin-Seon;Lee, Jin-Bok;Kang, Nam-Goo
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.1367-1372
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    • 2009
  • A proprietary device is adopted to break out the membrane of cell in the rigid polyurethane foam. As it is known, the membrane of cell is hardly tearing-off thoroughly in a mechanical way due to both its elastic characteristic and micro sized pores. In this study, a novel experimental approach is introduced to burst out all gases inside the cells of the rigid polyurethane foam by abrasively grinding micro-cells completely into fine powder. The biggest advantage of this approach is to be capable of releasing all gases out from the cell even in the micro pores. As clearly reflected from the repeatability, the accuracy of the result is highly improved and high confidence in the data sets as well. For the measurements of not only gas composition but partial pressure for each gas simultaneously as well, a precision gas mass spectrometer is used in-line directly to the abrasive grinding device. To control the starting point of the polyurethane foam, all samples were prepared on site in the laboratory. Manufactured time is one of the most critical factors in characterization of cell gas composition because it is known that one of gas composition, especially, carbon dioxide, is diffused out dramatically in a short period of time as soon as it is foamed.

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Acoustic emission source location and noise cancellation for crack detection in rail head

  • Kuanga, K.S.C.;Li, D.;Koh, C.G.
    • Smart Structures and Systems
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    • v.18 no.5
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    • pp.1063-1085
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    • 2016
  • Taking advantage of the high sensitivity and long-distance detection capability of acoustic emission (AE) technique, this paper focuses on the crack detection in rail head, which is one of the most vulnerable parts of rail track. The AE source location and noise cancellation were studied on the basis of practical rail profile, material and operational noise. In order to simulate the actual AE events of rail head cracks, field tests were carried out to acquire the AE waves induced by pencil lead break (PLB) and operational noise of the railway system. Wavelet transform (WT) was first utilized to investigate the time-frequency characteristics and dispersion phenomena of AE waves. Here, the optimal mother wavelet was selected by minimizing the Shannon entropy of wavelet coefficients. Regarding the obvious dispersion of AE waves propagating along the rail head and the high operational noise, the wavelet transform-based modal analysis location (WTMAL) method was then proposed to locate the AE sources (i.e. simulated cracks) respectively for the PLB-induced AE signals with and without operational noise. For those AE signals inundated with operational noise, the Hilbert transform (HT)-based noise cancellation method was employed to improve the signal-to-noise ratio (SNR). Finally, the experimental results demonstrated that the proposed crack detection strategy could locate PLB-simulated AE sources effectively in the rail head even at high operational noise level, highlighting its potential for field application.

Progressive Failure of a Rock Slope by the Subcritical Crack Growth of Asperities Along Joints (절리면의 응력확대계수가 파괴인성보다 작은 암반사면의 진행성 파괴)

  • Kim, Chee-Hwan;Kemeny, John
    • Tunnel and Underground Space
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    • v.19 no.2
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    • pp.95-106
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    • 2009
  • Numerical analysis of the progressive failure of a rock slope was conducted using a 3-D rock joint element considering fracture mechanics and subcritical crack growth of asperities in the rock joints. Even though the stress state in the rock slope is not changing, the elapse of time causes subcritical crack growth to break asperities in the joints. The increase of broken asperities causes failure of joints in the rock slope and the increase of failed joints results in failure of a jointed rock slope. As a result, the progressive failure of a jointed rock slope due to the gradual breaking of small asperities along joints generated by subcritical crack growth occurs at a lower stress than if rock failure occurred by exceeding the static strength or fracture toughness.

A Case Study on Failure and Analysis of Air Over Hydraulic Brake Line (공기 유압식 브레이크 라인 파손 사례 및 파손 분석 연구)

  • Park, Jeongman;Park, Jongjin
    • Journal of Auto-vehicle Safety Association
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    • v.12 no.2
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    • pp.47-55
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    • 2020
  • In this case study, the brake line failure of air over hydraulic(AOH) brake system is described. AOH brake system is applied to commercial vehicles between 5 to 8 tons. It consists of a hydraulic system using compressed air and operates the air master to form hydraulic pressure to transfer braking power to the wheels. When the brake lines of the system applied to vehicles with high load capacity are damaged, the braking force of one shaft is lost, and the braking distance increases rapidly, leading to a big accident. Failure of the brake line occurs due to various causes such as road surface fragmentation, corrosion of the line, and aged deterioration of air brake hose. The braking force could be decreased even when a very small break in the form of a pin-hole occurs. However, it is difficult to find a part where the thickness of the line is thin due to stone pecking or corrosion generated in the pin-hole formed on the brake line located under the lower part of the vehicle by the sensory evaluation or the conventional braking force test. Accordingly, it is necessary to analyze the condition and cause of the failure of the brake line more precisely when the accident investigation of the heavy vehicles, and also to examine the necessity of the advanced test for the aged brake line.

A Economic Effects of Fish Seed Release (수산종묘방류사업의 경제성 평가)

  • Hwang Jin-Wook;Lee Kwon-Hyuk;Jeong Dal-Sang;Kim Kwang-Soo
    • The Journal of Fisheries Business Administration
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    • v.36 no.1 s.67
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    • pp.121-138
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    • 2005
  • This study was conducted to investigate the economic effect of the release of seed flounder to the central area of the West Sea, which was analyzed into both direct and indirect effects. The results showed that based on the data collected from partial area, the economic effect of flounder seed release reached 6.97 times, average catch proportion was 32.27$\%$, and recapture rate was 11.26$\%$, suggesting that economic effect was very high. In addition, it was observed that the recapture rate was greatly higher than 2.05$\%$, that of Break-Even-Point. It was noted that the increased catch by the release of seed flounder resulted in the increase in commission of sales and the increase in sports fishing. Another economic effect observed were diverse including the increase in income of fishing village, elevated spirit to proper management of fisheries resources, maintaining of willingness to live in fishing village through activation of local fishing village, prevention of illegal fishing including capture of juvenile fish, and the increase in the supply of sea food of high quality. It is emphasized that although the investigation was conducted in the same area, the results will vary by size at release, time at release and other factors. Finally, there is a need to expand species and area of study for more active economic analysis incorporating natural sciences.

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Design and Economic Evaluation on a POP Inventory Control System in SCM Using RFID (SCM 환경에서의 RFID를 이용한 생산시점 재고관리 시스템 설계 및 경제성 평가)

  • Cho, Jae Hyung
    • The Journal of Society for e-Business Studies
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    • v.19 no.1
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    • pp.1-14
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    • 2014
  • This paper presents the development of a stock control system of POP system design based on RFID in SCM and its economic efficiency. A stock control system is proposed for 900MHz passive type RFID system. The RFID system is composed of a RFID reader and four antennas to read the tag IDs. A cost estimation model is adapted based on the total product profit by various tag prices. The result of the economic efficiency analysis can indicate any invested model for the automation system which have initial investment should be used. This solution indicates the limit of the break even point according to the input. And it can be concluded that the stock control can be developed by RFID readers and passive tags with directional arrangement of several antennas. Also, the economical evaluation model can be a decision method for company to adapt the new developed system.

An Analysis on the Economic Effectiveness of Abalone, haliotis discus hanai Releasing Project in the coastal area near Ulsan city (울산 연안의 전복 방류사업에 대한 경제적 효과분석)

  • Kim, Kwang-Soo;Hwang, Jin-Wook;Park, Hyun-Cheul
    • Journal of Fisheries and Marine Sciences Education
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    • v.18 no.3
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    • pp.261-271
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    • 2006
  • The present study is aimed at evaluating the economic effectiveness of Abalone, haliotis discus hanai Releasing Project(ARP) conducted in the fishing ground owned by a fishing village in Ulsan, Korea. The results were summarized as follows: First, an average ratio of released abalones in the total landing after releasing is shown to be 85.0%. Second, the recapture rate of released abalones is 46.8%, exceeding the recapture rate of BEP(Break-Even-Point), 22.9%. Third, it is evaluated that total economic effectiveness of the ARP is 6.7-6.8 times, net effectiveness is 2.2-2.3 times, and the NPV(Net Present Value) discounted by a 8% interest rate is 474, 635 thousand wons, indicating the project is profitable. Considerable parts of the positive results on the ARP are based on some beneficial conditions, including the selection of favorable releasing sites, best self-regulation system of a fishing village for preservation of seaweed facilities and continued activities for protecting small abalones and their rearing. These results imply that the success of the ARP would be primarily dependent upon the selection of releasing site and effective management system after releasing.