• Title/Summary/Keyword: Cash flow

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PAPER MACHINE REBUILDS AND SOLUTIONS FOR PROCESS IMPROVEMENT

  • Yoon, Keon-Yeong;Choe, Dong-Hwi
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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    • 2006.11a
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    • pp.131-151
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    • 2006
  • Rebuilding an existing paper machine is often a very profitable way for papermakers to increase the cash flow created by an older paper machine. Metso Paper has placed particular emphasis in recent years on developing concepts and products specifically for rebuild needs. The outcome of this work can now be seen as a wide selection of products offering quite possibly the best coverage of all time of specific improvement targets. Different needs can be addressed through truly different solutions. Selection the best-fit alternatives will offer great upgrade options for all paper machines and paper grades. Metso Paper's long experience with high-speed paper machines has been put to good use to create more cost-effective small and mid-sized solutions with the reliability and quality of bigger and faster paper machines. This paper has discussed some of the most interesting and latest configurations available today for paper machine and finishing area rebuilds.

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Paper Machine Rebuilds and Solutions for Process Improvement

  • Choi, Dong-Whee;Yoon, Keon-Yeong;Halme, Petteri
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.40 no.5
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    • pp.70-80
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    • 2008
  • Rebuilding an existing paper machine is often a very profitable way for papermakers to increase the cash flow created by an older paper machine. Metso Paper has placed particular emphasis in recent years on developing concepts and products specifically for rebuild needs. The outcome of this work can now be seen as a wide selection of products offering quite possibly the best coverage of all time of specific improvement targets. Different needs can be addressed through truly different solutions. Selecting the best-fit alternatives will offer great upgrade options for all paper machines and paper grades. Metso Paper's long experience with high-speed paper machines has been put to good use to create more cost-effective small and mid-sized solutions with the reliability and quality of bigger and faster paper machines. This paper has discussed some of the most interesting and latest configurations available today for paper machine and finishing area rebuilds.

A System Dynamics Approach to the Electronic Commerce and Its Implication

  • Jaeho Juhn;Kim, Doa-Hoon
    • Proceedings of the Korean System Dynamics Society
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    • 2000.02a
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    • pp.29-37
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    • 2000
  • In this paper an attempt is made to understand contribution factors in the field of electronic commerce(EC). To do that, we adopt and modify an existing commerce model. The following two major conclusions are drawn from our simulation. Most of all, the diminution of information delay introduce monotonous growth rather than fluctuation of EC market. The stable increase of revenue or market scale makes us decide the employment or capacity scale quickly. Second, for favorable and continuous evolution of EC, utilization system of electronic money should be established steadily. The following findings strongly support our claim: We found full oscillation of EC market when electronic money system didn't established well. On the contrary, if electronic money system could provide fast cash flow and fully trustful function, decisions of company or consumer would be executed promptly.

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Development of the Order Picking Algorithm for Warehouse Management System in SCM Environment

  • 조종남;남호기;박상민;오성환
    • Proceedings of the Safety Management and Science Conference
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    • 2003.11a
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    • pp.129-142
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    • 2003
  • The SCM is that Supply Chain Network is Promptly and Voluntarily Optimized in Unstable Market Change Environment. The Cash flow Efficiency of Hole Supply Chain Network is Improved by Changing the Information and Changing the Foundation of Business Processes. The Role of WMS has been Changing Importantly with the Introduction of SCM. WMS Needed to Change to the Information Center in Order to Change Information in Real Time and the WMS of Information Storing in Order to Support an Idea Decision. This Development was Defined about the Importance of WMS in SCM Environment. The Criterion of Valuation is Normally Measured Time between Taking a Order Receive and Bringing the Items to Customer. The Decreasing Move Time of Order Picker in Warehouse is Directly Influence to the Job Execution. So, this Research is Defined about the Optimized Route of Order Picker and Suggests Algorithm. To do this, Past Algorithm is Studied. It's Easy to Introduce and this Study is Looking for Method about the Noticing of Order Picker. The Algorithm will Improve to be Adapt to Standard Process System.

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Statistical Analysis of Changes in the Number of Account Items of Financial Statements for K-IFRS-applied Firms (K-IFRS 채택 기업의 재무제표 계정과목수의 변화에 대한 통계적 분석)

  • Choi, Sungwoon
    • Proceedings of the Safety Management and Science Conference
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    • 2013.11a
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    • pp.209-219
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    • 2013
  • The research is to evaluate the statistical difference between K-GAAP(Generally Accepted Account Principles) in 2008 year and K-IFRS(International Financial Reporting Standards) in 2012 year. H Motor Company, S Electronics and L Electronics are the three representative firms adopting K-GAAP and K-IFRS in Korea. The ${\chi}^2$ homogeneous test are used to identify the reduction of the number of account items of four financial statements such as Statement of Financial Position(SFP), Statement of Comprehensive Income(SCI), Statement of Cash Flow(SCF), and Statement of Change in Equity(SCE) between K-GAAP and K-IFRS.

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Firms' Characteristics between Highly Successful and Less Successful Venture Business (우량.비우량 벤처비즈니스의 기업특성)

  • Choi Sang-Ryul;Roh Hyun-Sub
    • Management & Information Systems Review
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    • v.6
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    • pp.163-186
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    • 2001
  • A venture business plays important roles in the economy of a developing nation. It makes highly value-added product, increases employment and improves the industry structure. The objective of this study is to derive the financial and non-financial characteristics from venture businesses, which determine a highly successful business group or a less successful business group. The firm characteristics are composed of 21 financial(liquidity, leverage, cash flow, activity, productivity, and etc) and 34 non-financial characteristics(manager, technology, marketability and credibility variables), which have been considered as the key characteristics for venture business by the existing literature. All financial ratios and non-financial characters play a role of making discriminations between a highly successful and a less successful group. Because there are not generally accepted definitions, classifying a highly successful and a less successful venture business is a very difficult problem. Operational definitions have many problems but we have no choice in current stage.

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A System Dynamics Model Approach for the Analysis of the Network Effect of the Internet Portal Sites (시스템 다이내믹스 모델을 이용한 인터넷 포털 사이트의 네트워크 효과 분석)

  • Lee, Kang-Bae;Jung, Jae-Un;Lee, Woon-Seek;Joo, Cheol-Min
    • Korean System Dynamics Review
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    • v.9 no.1
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    • pp.73-92
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    • 2008
  • Internet portal sites have served customers for more than a decade in Korea. There have been several such sites have survived, succeeded and led the internet industry. What is the source of their competitiveness? We assumed that the network effect, which can vary dynamically, is an important factor; so we tried to build and analyze a system dynamics model on portal sites that represent their advertising business model. This model includes not only the network effect, but also customer's' expectations of the quality of portal sites, which also varies dynamically. As a result of our research, we can state that the network effect is important to stabilize and increase portal sites' quality, market share, income and cash flow. And we know that investment at a level above that which is merely required is necessary to preserve and stabilize their business.

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Optimal Provision of Service Facilities for Large-scale Land Development Projects: A Loan Scheme and a Consortium Approach (택지개발에 따른 기반시설 적기공급을 위한 유관기관 협조융자와 민간참여 방안)

  • 서승환;김경환
    • Journal of the Korean Regional Science Association
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    • v.8 no.2
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    • pp.1-9
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    • 1992
  • One of the problems associated with the current system of land development projects implemented by the public sector in Korea is that various service facilities are not ready in time for the occupation of residential dwelling. A major cause of the problem is the lack of financial arrangements which would smooth the cash-flow of the suppliers of the facilities during the project period. In this paper we present two schemes which will contribute to the optimal provision of service facilities by easing the financial constraint facing the land developers and suppliers of the facilities. The first scheme involves channeling a fraction of profits from a land development project and of the proceeds of mandatory sales of Type II National Housing Bonds as a loan to the suppliers of the service facilities. The second scheme considers the participation of the private sector in the project as a member of a consortium comprising the Korea Land development Corporation, the National Housing Fund, and private developers. It is proved that each scheme is superior to the current system. as well as entailing a very small cost.

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A Study on Optimized Design Decision of Building Service Systems Based on a Life-Cycle Cost Analysis - A Case Study on Community Center and Congress Hall of a Local Government - (LCC분석에 의한 설비시스템의 최적화 방안에 관한 연구 - G구 구민회관 및 구의회청사 사례 -)

  • 최성호;차병주;김상민;이승복
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.14 no.2
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    • pp.134-142
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    • 2002
  • LCC (Life-Cycle Cost) analysis is a practical method and a guideline for evalua-ting the economic performance of building service systems. By using the LCC analysis, the most cost-effective design decision can be made, which has the lowest LCC during the project study period among the various design alternatives. The present case shows an example of appro-priate use of the LCC analysis, by demonstrating the procedures of decision making among at-tarnative building HVAC systems at community center and congress hall of a local government.

A Study on the Introduction of Electronic Stock System (전자주권제도의 도입에 관한 연구)

  • Lee, Ki-Wook
    • Journal of Digital Convergence
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    • v.7 no.4
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    • pp.11-19
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    • 2009
  • Electronic methods are already used in money transfer and credit cards transactions and electronic money and checks, which can substitute cash and coins, are being discussed. Recently, the Acts of Electronic Draft have been enacted, in order to make the money in the market flow efficiently. Also electronic bill of lading has been adopted for the practical use of international shipments. However, despite of the effort from the academia and practice, investments to stocks, especially in the stock exchange, is not quite perfectly electronic. Japan enacted a relevant act in 2004 which make its stock market totally dematerialized. This writing summarizes some issues in interpretation that arise in the course of operation of the Stock Electronic Registration System at the present time of 6 months after it came into effect and its purpose, by doing so, is to prevent in advance the kind of problems in introducing the similar system to Korea.

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