• Asia-Pacific Journal of Business
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• v.12 no.1
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• pp.151-163
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• 2021

Purpose - The break-even point refers to the point where total profit and total cost coincide, and from this point on, the entrepreneur's decision-making takes a different route. Strategic decisions can be made for more efficient operation and eventually for more likelihood for growth and sustainability if a startup figures out when it recoups the investment and switches to a net profit. Design/methodology/approach - 748 creativity and skill-based sole proprietors in manufacturing industry were examined to demonstrate the effect of the entrepreneur's entrepreneurial experience and education level, the business launch preparation time, or the self-financing on the achievement of break-even point. Findings - While the business launch preparation time lowered the likelihood of reaching a break-even point, self-financing increased the likelihood. As a result of further analysis by subdividing into subgroups according to skill level, only the business launch preparation time was statistically significant in the highly skilled industries. In the low skilled industries, in addition to the business launch preparation time, the CEO's education level and the self-financing were statistically significant. Research implications or Originality - The longer the business launch preparation time, the higher the start-up cost, which increases the burden of initial cost recovery, and the agile response to market changes is thereby delayed, resulting in the business idea losing its appeal. Self-financing not only provides stability and strong motivation for the business operation but also promotes careful spending which contributes to the achievement of break-even point. In particular, it is found that practical experience is more useful than theoretical knowledge in low skilled industries. Due to the limitation of secondary data based on the recollection, the time required to reach a break-even point, percentage of financing sources, etc. may include cognitive errors. In addition, variables are not included that explain the characteristics of creativity and skill-based sole proprietorship, so it is necessary to exercise caution with the actual application.

• Journal of Electrical Engineering and Technology
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• v.7 no.2
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• pp.151-156
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• 2012

The current study presents a zero-one integer programming approach to determine the minimum break point set for the coordination of directional relays. First, the network is reduced if there are any parallel lines or three-end nodes. Second, all the directed loops are enumerated to reduce the iteration. Finally, the problem is formulated as a set-covering problem, and the break point set is determined using the zero-one integer programming technique. Arbitrary starting relay locations and the arbitrary consideration of relay sequence to set and coordinate relays result in navigating the loops many times and futile attempts to achieve system-wide relay coordination. These algorithms are compared with the existing methods, and the results are presented. The problem is formulated as a setcovering problem solved by the zero-one integer programming approach using LINGO 12, an optimization modeling software.

• Journal of the Korean Society of Costume
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• v.66 no.4
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• pp.146-165
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• 2016

The aim of the study is to propose ways to improve the break line fit of women's tailored collar vests by modifying the patternmaking process. The study explored the fit effects of experimental vests with a focus on 3 different breast sizes, A, B, and C cups. Women in the ages between 20 and 24 in South Korea were targeted. In order to carry out the objective, the study implemented separate girth measurements for the front and the back of the tailored collar vests, and also allocated different dart amounts on the lapel through the break line according to the different breast cup sizes. The study adopted a 5-point rating scale to perform evaluation of the different fit effects caused by the varying dart amounts given on the experimental vests' break lines. This evaluation was carried out by apparel pattern experts. The results derived from the study were as follows: first, the implementation of separate girth measurements provided originality to the study, as the application of different measurements for the waist back length and the neck shoulder point-to-breast point-to-waist line led to the front panels of the experimental vests having varying slack amounts. Second, break line dart was applied in three different amounts, 0.5, 1.0, and 1.5cm respectively according to A, B and C breast sizes, and as the dart amount increased, extra ease on the break lines was reduced. The dart was applied on the edge lines of the lapel and it was applied from a point which was 6cm above the breast point to the end of the princess line for all the breast cup sizes.

• Proceedings of the Korea Electromagnetic Engineering Society Conference
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• 2002.11a
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• pp.127-131
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• 2002

This paper presents the a measured path-loss characteristics in urban line-of-sight(LOS) and non line-of-sight(NLOS) environments for 3.4, 5.3, and 6.4 ㎓ band signals. A two-ray model is applied to analyse the path-loss characteristics in LOS areas. In LOS areas, an empirical break point, whose distance is shorter than a theorical break point, is founded. Further, a sudden power level drop occurs at a transition point from LOS region to NLOS area and different path-loss exponents are occured various cases. The power level drop due to comer loss and path-loss exponents both increase as the distance between the transmitter and the corner increases.

• Journal of Biosystems Engineering
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• v.10 no.2
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• pp.27-35
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• 1985

This study was carried out to determine the optimum size and number of farm machines for various sizes of land coverage of the cooperative farm machinery utilization systems in Korea-namely Saemaul Mechanized Farming Group (SMFG). Fifty-one SMFG were selected from 8 counties in Chonnam province, and ownership, operation and management of farm machinery were surveyed. Annual covered area, cost and the break-even-point area of farm machinery were analyzed on the bases of the surveyed data and the present governmental subsidy policy, and then the optimum level of farm machinery ownership was determined. The results are summarized as follows: 1. The break-even-point areas of the tractors of 22-23ps, 28ps and 47-50ps were estimated as 12.1ha, 15.3ha and 21.6ha, respectively. The optimum size of a tractor for land sizes of 10-20ha, 20-30ha, and 30-40ha were estimated as 22-23ps, 28ps, and 47-50ps, respectively. 2. The break-even-point area of a rice transplanter was estimated as 3.3ha. The optimum numbers of rice transplanter for land sizes of 10-20ha, 20-30ha, and 30-40ha were estimated as 2,3, and 4, respectively. 3. The break-even-point areas of a speed sprayer (attached on power tiller) and a power sprayer were estimated as 114.6ha and 15.3ha, respectively. The optimum numbers of power sprayer for land sizes of 10-20ha, 20-30ha, and 30-40ha were estimated as 2,3 and 4, respectively. A speed sprayer is desirable for an area of more than 30ha coverage. 4. The break-even-point area of a combine was estimated as 10.7ha. The optimum numbers of combine for land sizes of 10-20ha, 20-30ha, and 30-40ha were estimated as 1,2, and 3, respectively.

• Proceedings of the Korean Nuclear Society Conference
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• 1996.05b
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• pp.435-440
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• 1996

Large Loss-of-Coolant Accidents analyzed in Final Safety Analysis Reports are usually covered by Reactor Inlet Header. Reactor Outlet Header and Primary Pump Suction breaks as representative cases. In this study we analyze the total (guillotine) break of an Emergency Core Cooling System (ECCS) pipe located at the ECCS injection point into the Primary Heat Transport System (PHTS). It was expected that thermal-hydraulic behaviors in the PHT and ECC systems are different from those of a Reactor Inlet Header break, having an equivalent break size. The main purpose of this study is to get insights on the differences occurred between the two cases and to assess these differences from the phenomenon behavior point of view. It was also investigated whether the ECCS line break analysis results could be covered by header break analysis results. The study reveals that as the intact loop has almost the same behavior in both analyzed cases. broken loop behavior is different mostly regarding sheath temperature in the critical core pass and pressure decrease in the broken Reactor Inlet Header. Differences are also met in the ECCS behavior and in event sequences timings.

• Journal of the Korean Institute of Landscape Architecture
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• v.24 no.3
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• pp.109-114
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• 1996

Generally, the size of our recreation sites is selected through use demand at the peak day. At same time, scale economic and diseconomic are applied to a recreation site. If you are a rational decision-maker, you would like to select the size of your park at profit-maximization point. This study is the first try for modelling a Gain-Loss by the size options of a theme park. For testing the validity of a financial model to select the size of theme parks. Ever-Land, Seoul-Land, Dream-Land's operating size was analyzed. By the size options, the revenue of each park was compared with cost. The profit-maximization point and break-even point of each park were found. Ever-Land and Dream-Land's size was selected between the profit-maximization point and the break-even point. In contrast with Ever-Land and Dream-Land's, Seoul-Land's was selected upper the break-even point. To increase the utility of this model in selecting the size of a theme park, a decision-maker must keep in mind a few limits of this study. That is, 1) this model can not be applied at public parks. 2) Sometimes the others can be more important than financial revenue and cost. Finally, there is the validity of Gain-Loss Model in estimating only the financial revenues and costs through the size options.

• Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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• v.29 no.5
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• pp.441-448
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• 2011

Lately, digital restitution was became common using digital aerial photos. Therefore, we can obtain three-dimensional data. As a plotting-maker is checked by naked eye, plotting original data is very useful for making reliable three-dimensional data including contour and elevation point layers. In this study, we want to make precise and accurate digital elevation model using plotting original data. Contour and elevation point layers was extracted in digital map and break line was extracted in plotting original data. And then, compared both of results. For comparison, we selected slight slope and complex topography area like a residence area, mountain and agricultural land. We extracted break line deleting layer until obtaining ideal digital elevation model. As the results, We could extract contour, elevation points, eight road and two boundary layers using break lines. And We could obtain precise elevation model. Editing break lines, the distortion of digital elevation model could be minimized in the complex and sharp slope area.

• Journal of radiological science and technology
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• v.8 no.2
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• pp.29-45
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• 1985

Computed Tomography Scanner (CT) is highly expensive in operation as well as purchasing. That reason may cause not only to increase the burden of patients but also to waste the capital resources leading to financial difficulties. However the numbers of CT installed throughout the country is increasing, because of efficiency in medical care, patient's concern, competitions among the hospitals within the same area. In the non-Metropolitan area the scanners were expected to be less utilized and less profitable. Nine hospitals equipped with the CT were studied on the utilization of that equipment during the period from November 1984 to February 1985 in non-Metropolitan area and break-even point in one hospital was analyzed for estimating profitabilities. The results were as follows ; 1. Among those nine hospitals, four hospitals had less than 400 beds, which is one of the restrictive minimum standards on the installation of Whole-body Computed Tomography Scanner. 2. The operating time during the normal operation period was longer than those of any other studies, but the accumulated down time was also longer than those of any other studies. The average number of scanning per week for each CT was 45, while the estimated number of for the break-even point was 56.7 cases. 3. When the downtime was excluded in calculating the average operation would be much closer to the cases for the break-even point. Therefore the break-down of the equipment was to be a main cause of the low profitability. 4. The average scanning rate for head area was 33.6%, however three of the nine hospitals showed about 20%. 5. If scanning ratio for the body parts excepting head was increased, the number of scanning for the break-even point would be diminished. 6. The small size hospital especially located near the Metropolitan area showed largest loss in the CT operation. In purchasing the highly expensive equipments in hospitals, demand should be taken into account and planning is recommended.

• Transactions of the Korean hydrogen and new energy society
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• v.26 no.1
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• pp.35-44
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• 2015

This paper deals with the economic analysis of domestic fuel cell vehicles considering subsidy and hydrogen price in 2015 and 2025. We selected TFCV (Tucson fuel cell vehicle) and TDV (Tucson diesel vehicle) to identify the economic feasibility of fuel cell vehicles compared with conventional internal combustion engine vehicles. We made some sensitivity analysis by changing input factors such as the size of the subsidy, the hydrogen price and the discount rate. Also, we made a break-even point analysis on hydrogen prices that equalize the economic feasibility of TFCV and TDV in 2025. As a result, TFCV is not economical in 2015 due to the relatively high prices of hydrogen and vehicles. If the sale prices of TFCV are 30,000,000 won and 35,000,000 won in 2025, then the break-even points of hydrogen prices are equal to 7,483 won/kg and 5,043 won/kg.