• Title/Summary/Keyword: Cost impact

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A Study on Methodology to Assess IT Investment by ROI (IT ROI에 의한 투자 타당성 평가 방법론 연구)

  • Kim, Young-Woon;Chong, Ki-Won
    • The Journal of Society for e-Business Studies
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    • v.11 no.1
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    • pp.53-67
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    • 2006
  • It is difficult to justify an IT investment unless the investment is expected to have a direct impact on a corporation's performance under rapidly changing business environment. It is important to demonstrate the benefit of the investment through a pre-investment assessment process to induce the executive's decision. This paper presents a methodology to assess the investment by analyzing cost and benefit of the investment. This methodology shows tangible cost as well as hidden cost by analyzing total cost of ownership. The methodology also produces ROI by performing cost benefit analysis including financial and non-financial factors. This paper suggests a systematic way to support If investment decision marking process by evaluating the investment objectively.

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A Study on the Impact of Service Quality on Service Loyalty in the Beauty Service: The Mediating Roles of Relationship Quality and Switching Cost (미용서비스 품질이 서비스 충성도에 미치는 영향에 관한 연구: 관계품질과 전환비용의 매개효과를 중심으로)

  • Lee, You-Mi;Rhee, Nan-Hee
    • Fashion & Textile Research Journal
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    • v.10 no.5
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    • pp.625-635
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    • 2008
  • The purpose of this study was to investigate the mediating roles of the relationship quality and the switching cost during the processing of effects of service quality on the service loyalty in the beauty industry. Service quality factors were defined as the interaction quality, the outcome quality and the physical environment quality. The relationship quality were defined as the satisfaction and the trust of customer. Amos was used to analyze the research hypotheses and the proposed model. All research hypotheses were adopted. The empirical results were as follows; Service quality influenced positively on the relationship quality, and then the relationship quality yielded the service loyalty. Also the relationship quality influenced positively on the switching cost and then the switching cost influenced positively on the service loyalty. Each service quality dimension had a significant effect on the satisfaction, the trust and the relative importance of service quality dimensions on the satisfaction, the trust followed the order of the interaction quality, the outcome quality and the physical environment quality.

Modeling Korean Energy Consumption Behavior Using a Concavity Imposed Translog Cost Function (정규성 개선에 중점을 둔 제조업 에너지 수요구조 모형 연구 : 오목성 조건을 만족하는 Translog 비용함수 모형)

  • Kim, Jihyo;Heo, Eunnyeong
    • Environmental and Resource Economics Review
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    • v.19 no.3
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    • pp.633-658
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    • 2010
  • In this paper, we estimate the Translog cost function in Korean manufacturing, using capital (K), labor (L), material (M), electricity (E), fuel (F) data over the period from 1970 to 2005. Especially, this paper investigates the impact of imposing concavity in the estimation of a Translog cost function. Although the value of log-likelihood is somewhat reduced in a concavity imposed function rather than a function which is not, a concavity imposed function satisfies regularity conditions (monotonicity, positivity, concavity) at all data points. We also calculate price elasticities using a concavity imposed Translog cost function. Electricity complements capital so electricity demand increases as capital demand increases. Meanwhile, electricity substitutes labor, fuel, and material. These results show that Korean manufacturing experienced a structural change of increase in electricity demand.

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An Economic Analysis of Foreign Scientific and Technical Journals using Cost Per Use Approach (이용 당 비용(CPU)에 의한 과학기술분야 해외학술지의 경제성 분석)

  • Jung, Young-Mi;Kim, Hee-Sop
    • Journal of the Korean Society for Library and Information Science
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    • v.42 no.4
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    • pp.375-390
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    • 2008
  • The purpose of this case study is to analyze the economics of journals of Science and Technology using the cost per use(CPU) approach. To achieve this purpose, we selected 1,745 foreign academic journals randomly among the holdings at K institute in Korea, and analyzed the relationships between the CPU and 5 factors of journal, i.e., Impact Factors (IF), Overlap numbers of holding with other institutes, Language, Cost, and Frequency of use. It is found that all factors, except IF, are significantly influence to the CPU of foreign journals, and further detailed analysis is provided in term of the group differences within each factors.

Full-scale bridge expansion joint monitoring using a real-time wireless network

  • Pierredens Fils;Shinae Jang;Daisy Ren;Jiachen Wang;Song Han;Ramesh Malla
    • Structural Monitoring and Maintenance
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    • v.9 no.4
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    • pp.359-371
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    • 2022
  • Bridges are critical to the civil engineering infrastructure network as they facilitate movement of people, the transportation of goods and services. Given the aging of bridge infrastructure, federal officials mandate visual inspections biennially to identify necessary repair actions which are time, cost, and labor-intensive. Additionally, the expansion joints of bridges are rarely monitored due to cost. However, expansion joints are critical as they absorb movement from thermal effects, loadings strains, impact, abutment settlement, and vehicle motion movement. Thus, the need to monitor bridge expansion joints efficiently, at a low cost, and wirelessly is desired. This paper addresses bridge joint monitoring needs to develop a cost-effective, real-time wireless system that can be validated in a full-scale bridge structure. To this end, a wireless expansion joint monitoring was developed using commercial-off-the-shelf (COTS) sensors. An in-service bridge was selected as a testbed to validate the performance of the developed system compared with traditional displacement sensor, LVDT, temperature and humidity sensors. The short-term monitoring campaign with the wireless sensor system with the internet protocol version 6 over the time slotted channel hopping mode of IEEE 802.15.4e (6TiSCH) network showed reliable results, providing high potential of the developed system for effective joint monitoring at a low cost.

Sustainable use of wind energy (풍력에너지의 환경친화적 이용)

  • Lee, Yeong-Heui
    • Journal of the Korean Professional Engineers Association
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    • v.44 no.2
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    • pp.46-50
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    • 2011
  • Wind energy, as an alternative to fossil fuels, is plentiful, renewable, widely distributed, clean, and produces no greenhouse gas emissions during operation. However, the construction of wind farms is not universally welcomed because of their visual impact, competing land use, comprising human health impacts, building and crop damage, loss of amenities and ecological impact, impact on wildlife, danger to birds, safety hazard, aesthetics and noise. Offshore wind power, in particular, offers a huge potential to generate clean energy. However, the envisaged massive expansion of wind farms in oceans is already causing severe environmental conflicts. Wind farms cause further harm to already threatened oceans. Wind power has negligible fuel costs, but a high capital cost. The expansion of climate-friendly wind energy use both onshore and offshore can only be successful it the legal and organizational conditions undergo some clear improvements.

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Controlling Factors for Productivity Improvement in Process of Plastic Injection Molding (플라스틱사출성형공정에서의생산성향상을위한제어인자들에관한연구)

  • Kim, Ki-Sun;Ree, Sang-Bok
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2010.04a
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    • pp.62-66
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    • 2010
  • Company which produce the latest plastic products of survival dimension for competitive power security productivity elevation activity hard do. But enterprises is lacking value elevation activity that customer among product special quality is thinking heftily and isn't grasping well adjusted impact factors. So, addition quality failure cost is produced. In this research, investigated impact factor and factors influencing most heftily in quality for productivity elevation. As a result, present example that serve to control well importance benevolence.

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Understanding Organizational Behavior regarding Cloud Computing: Determinants Impacting on the Implementation Process of Cloud Computing and the Moderating Effect of Evolutional Leadership (클라우드 컴퓨팅에 대한 조직 행동의 이해: 조직의 클라우드 컴퓨팅 구현과정에 영향을 미치는 요소와 변혁적 리더쉽의 조절효과)

  • Kim, Sanghyun;Kim, Geuna
    • The Journal of Information Systems
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    • v.25 no.4
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    • pp.37-61
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    • 2016
  • Purpose This study examines firms at various industries to identify key organizational characteristics that positively drive the evaluation of cloud computing. In addition, this study tests the impact of one's evaluation has on the adoption and integration of cloud computing within their respective firm. Design/methodology/approach A total of 172 responses from various firms currently using cloud computing service were analyzed using the structural equation modeling(SEM). Findings Results show that organizational Needs(Mobility and Job Relevance), Perceived Factors(Relative Advantages and Cost Savings), and Organizational Readiness(Technical Knowledge, Financial Supports, and Managerial Supports) have a significant impact on cloud computing evaluation; and evaluation influences its adoption, and integration. However, two variables(IT Performance Gaps and Compatibility) have no significant impact on cloud computing evaluation. Finally, Evolutional Leadership has a significant moderating effect within the relationship among variables in the process of cloud computing implementation.

The Optimal Design of Vents using Linear Analysis (선형해석을 이용한 방열그릴(GRILLE)최적설계)

  • Choi, Yong-Hwan;Joe, Yeo-Uk
    • Proceedings of the KSME Conference
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    • 2000.04a
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    • pp.326-332
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    • 2000
  • It should be essentially considered as important points that design of case in electronic product which simultaneously satisfied with structural stability and molding form in respect to developmental period and economical aspect. Especially, a shape of air vents grille, which is made to emit heat happen to be in the internal of product, must satisfy durability and strength but We have no quantitative data because to be done by experience of designer. So, in this study, We will propose that structure of optimal and method of design in air vents grille, which to reduce a lot of loss of time and cost due to trial and error of design and to stabilize in the BALLISTIC Impact test as to estimate strength with external appearance of product, using linear analysis.

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A Review of the Master Plan for Four Major Rivers Restoration Project

  • Park, Chang-Kun
    • Journal of Environmental Impact Assessment
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    • v.18 no.6
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    • pp.411-417
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    • 2009
  • Lately the master plan for the Four Major Rivers Restoration Project has been released by the Ministry of Land and Maritime Affairs and relevant ministries. According to the master plan compared with the interim report made on 15 December 2008, the number of weirs for irrigation has increased from 5 to 16, the amount of dredging has increased from 220 million cubic metres to 570 million cubic metres, and the total cost estimated has increased from 14 trillion won to 22 trillion won. A critical review of the master plan by some research group will be summarized focused upon budget, objectives, securing water resource, dredging, and flood control etc. After various experts' forums and field surveys, it is concluded that the government should implement a joint-research program on assessing the impact of the project together with experts and citizens' groups as co-partners, in order to truly save or restore the four major rivers.