• Title/Summary/Keyword: Cost Advantage

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Construction Cost Estimation on the Initial Design Stage of Naval Ships based on a Product Configuration Model (Product Configuration Model 개념 기반의 함정 건조공수 추정 연구)

  • Oh, Dae-Kyun;Jeong, Yeon-Hwan;Shin, Jong-Gye;Choi, Yang-Ryul
    • Journal of the Society of Naval Architects of Korea
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    • v.46 no.3
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    • pp.351-361
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    • 2009
  • Many manufacturers define the system of a new product flexibility, and take advantage of previous-product information using the product configuration concept. Product configuration is an approach that defines the system of a new product centered on the product structure by referring to the previous-product information. In this paper, it is established how to apply the concept of a product configuration utilizing previous-ships information in construction cost estimation process systematically and effectively. For this, we define the advanced-construction cost estimation process based on a naval ship product model, and design construction cost estimating model. It is validated that this process and model have the applicability through the case study of the construction cost estimating of the mine-warfare ship.

A Comparison Study between Korean and Foreign Shipping Liners on Logistics Service Attributes and Capability (국적선사와 외국적선사의 물류서비스 속성과 역량에 관한 비교 연구)

  • Lee, Sang-Yoon;Ko, Hyun-Jeung
    • Journal of Korea Port Economic Association
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    • v.22 no.3
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    • pp.141-160
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    • 2006
  • In order to obtain and maintain competitive advantage, under rapidly changing maritime environment, liners should make efforts to reinforce their logistics service capabilities. Most of all, for this, shipping lines should accurately recognize and evaluate their logistics service attributes. In the present research, various logistics service attributes for ocean carriers were selected from previous studies and the observed data for 6 main service attributes were collected through a questionnaire survey to 31 maritime experts. Moreover, shipping lines' relative logistics service capabilities were measured by an additional survey process. The comparative gravity between core evaluation factors were measured by AHP technique and the relative capability levels of 2 Korean liners and 5 foreign shipping companies were assessed by utilizing a fuzzy model. The empirical result presents that Korean liners are superior at customer service capability but inferior at freight rate competitiveness. This research shows that Korean liners are ranked at high position for overall logistics service capabilities and focusing on the differentiation strategy but not on the cost related strategy.

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Research on Management Strategies for Intellectual Property Activities to Improve Corporate Performance (기업의 성과 제고를 위한 지식재산활동의 경영전략 연구)

  • Sangho Lee;Kwangmoon Cho
    • Journal of Internet of Things and Convergence
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    • v.9 no.6
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    • pp.83-92
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    • 2023
  • The purpose of this study is to provide a rational management strategy to improve the management performance of companies through intellectual property activities. Through this study, we aim to explore countermeasures to strengthen competitiveness in a changing global environment. A survey of 200 companies was conducted from September 1 to October 30, 2023. Statistical analysis was conducted using frequency analysis, exploratory factor analysis, reliability analysis, correlation analysis, multiple regression analysis, and difference analysis. The conclusions are as follows. First, the impact of intellectual property activities on management performance was found to be creation and utilization. Second, the impact of management strategies on management performance was found to be differentiation strategy, cost advantage strategy, and concentration strategy. Third, cost advantage strategy has a partial mediation effect on the relationship between creation activities and managerial performance of intellectual property activities. Fourth, the differentiation strategy has a partial mediating effect on the relationship between the creation of intellectual property activities and managerial performance. In addition, differentiation strategy has a full mediating effect on the relationship between the utilization of intellectual property activities and performance. Fifth, concentration strategy has a partial mediating effect on the relationship between intellectual property activity utilization and management performance. Sixth, there is a difference between creation activities, protection activities, utilization activities, cost advantage strategy, differentiation strategy, financial performance, and non-financial performance based on venture certification status. As the importance of intellectual property is increasing in the era of technological hegemony, IoT companies will need to improve their management performance through venture certification and strategies utilizing intellectual property in order to secure future competitiveness. Based on this study, we hope that IoT companies will maximize their performance by implementing efficient strategies that consider IP activities.

Optimal Sawcutting Methods for Hydrating Concrete Pavements

  • Jeong, Jin-Hoon;Kim, Sung-Hee;Kim, Nakseok
    • KCI Concrete Journal
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    • v.14 no.3
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    • pp.93-101
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    • 2002
  • The details of an approach to account for the factors that have been found to affect the ability and the probability to control cracking due to sawcutting in newly constructed concrete pavements are presented. Several factors such as material strength parameters, method and quality of curing, slab and subbase stiffness, and concrete shrinkage affect the probability of crack initiation. Others are relevant to concrete mixture characteristics that affect development of early aged stresses caused by shrinkage and thermally induced contraction. This paper presents the results of a probabilistic analysis of the factors that affect crack control using sawcut notches. Cost analyses on both conventional and early-entry sawcutting methods are shown to support the results of the probabilistic analysis. From both an operational and cost standpoint, it is evident for the environmental conditions considered that early-entry sawcut methodology holds a significant advantage over conventional methods.

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Muffler Design Using Transmission Loss Prediction Considering Heat and Flow (열과 유동을 고려한 음장해석을 통한 머플러의 설계)

  • Kim, Hyunsu;Kang, Sang-Kyu;Lim, Yun-Soo
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.24 no.8
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    • pp.600-605
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    • 2014
  • Two mufflers for a large-size sedan are suggested aiming (1) sporty-sound and (2) quiet-sound as well as both satisfying low back-pressure and low manufacturing cost. Transmission loss prediction considering heat and flow may increase the accuracy and reduce the development cost in muffler design; thus, GT-power prediction considering heat, flow, and acoustics is utilized. By understanding the fundamentals of flow-acoustic theory in small orifice(hole), an effective muffler design concept is proposed. Vehicle tests show the consistence with predictions for sound; also a back-pressure test bench confirms the advantage in pressure drop for both suggested mufflers. Those suggested mufflers also have advantages in manufacturing cost due to simplicity of the design.

Design of On-line Process Control with Variable Measurement Interval

  • Park, Changsoon
    • Journal of the Korean Statistical Society
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    • v.29 no.3
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    • pp.319-336
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    • 2000
  • A mixed model with a white noise process and an IMA(0,1,1) process is considered as a process model. It is assumed that the process is a white noise in the absence of a special cause and the process changes to an IMA(0,1,1) due to a special cause. One useful scheme in measuring the process level is to use the variable measurement interval (VMI) between measurement times according to the value of the previous chart statistic. The advantage of the VMI scheme is to measure the process level infrequently when in control to save the measurement cost and to measure frequently when out of control to save the off-target cost. This paper considers the VMI scheme in order to detect changes in the process model from a white noise to an IMA(0,1,1). The VMI scheme is shown to be effective compared to the standard fixed measurement interval (FMI) scheme in both statistical and economic contexts.

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Machining Route Selection with Subcontracting Using Genetic Algorithm (와주를 고려한 가공경로 선정에서의 유전알고르즘 접근)

  • 이규용;문치웅;김재균
    • Korean Management Science Review
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    • v.17 no.2
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    • pp.55-65
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    • 2000
  • This paper addresses a problem of machining route selection in multi-stage process with machine group. This problem is considered the subcontracting and the production in-house such as regular and overtime work. the proposed model is formulated as a 0-1 integer programming constraining the avaliable time of each machine for planning period and total overtimes. The objective of the model is to minimize the sum of processing cost, overtime cost, and subcontracting cost. To solve this model, a genetic algorithm(GA) approach is developed. The effectiveness of the proposed GA approach is evaluated through comparisons with the optimal solution obtained from the branch and bound. In results, the same optimal solution is obtained from two methods at small size problem, and the consistent solution is provided by the GA approach at large size problem. The advantage of the GA approach is the flexibility into decision-making process because of providing multiple machining routes.

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Generation Mix Analysis based on the Screening Curve and WASP-IV Techniques (탐색곡선법과 WASP-IV 모형을 이용한 국내 적정 전원구성 분석)

  • Jang, Se-Hwan;Park, Jong-Bae;Roh, Jae-Hyung
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.61 no.4
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    • pp.534-541
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    • 2012
  • This paper tries to elicit an optimal generation mix of Korea. Two approaches, using the screening curve method and taking advantage of a generation expansion planning tool, WASP-IV, are applied in getting the mix. The data used in this study is based on the 5th basic plan for long-term electricity supply and demand. The Load Duration Curve, that is needed for applying Screening Curve Method(SCM), is made based on the load profile in 2010. In our using SCM, the nuclear plant's operation characteristic, carbon emission cost and spinning reserve are considered. In using WASP-IV to get the adequate generation mix, the base and target demand forecasts in the 5th basic plan are used and the carbon emission cost is also considered. In this paper, It introduces the domestic adequacy generation mix in 2024 though SCM and WASP-IV.

A Two Stage Game Model for Learning-by-Doing and Spillover (지식의 학습효과와 파급효과에 따른 선.후발기업의 생산전략 분석)

  • 김도환
    • Journal of the Korean Operations Research and Management Science Society
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    • v.26 no.1
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    • pp.61-69
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    • 2001
  • This paper presents a two stage game model which examines the effect of learning-by-doing and spillover. Increases in the firm’s cumulative experience lower its unit cost in future period. However, the firm’s rival also enjoys the experience via spillover. Unlike previous theoretical research model, a cost asymmetric market entry game model is developed between the incumbent firm and new entrant. Mathematical results show that the incumbent firm exploits the learning curve to gain future cost advantage, and that the diffusion of learning to the new entrant induces the incumbent firm to choose decreasing output strategically. As a main result, we show that the relative magnitude between the learning and spillover rate determines the market share ratio of competing firms.

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ON OPTIMAL CONTROL OF A BOUNDARY VALUE PROBLEM

  • Kim, Hongchul;Rim, Gye-Soo
    • Korean Journal of Mathematics
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    • v.6 no.1
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    • pp.27-46
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    • 1998
  • We are concerned with an optimal control problem governed by a Poisson equation in which body force acts like a control parameter. The cost functional to be optimized is taken to represent the error from the desired observation and the cost due to the control. We recast the problem into the mixed formulation to take advantage of the minimax principle for the duality method. The existence of a saddle point for the Lagrangian shall be shown and the optimality system will be derived therein. Finally, to attain an optimal control, we combine the optimality system with an operational technique. By achieving the gradient of the cost functional, a convergent algorithm based on the projected gradient method is established.

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