• International Journal of Reliability and Applications
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• v.7 no.1
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• pp.71-77
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• 2006

The market for second hand products has been growing for a variety of reasons (e.g., new products appearing at a faster rate and the expected life of products increasing due to rapid advances in technology). The demand for warranties for second-hand products has been growing along with the growth of the market for second-hand products. Warranty for new products (consumer durables, industrial and commercial, and specialized defense products) has received a lot of attention. In contrast, warranties for second-hand product have received very little attention. Often, dealers of second-hand product such as cars offer 2D-warranties (Year and Kilometers). The expected warranty cost associated with a second-hand product for 2D-Policies is a function of the age of the item and its usage (as it affects failures over the warranty period), the warranty terms and the servicing strategy used by the dealer. This paper deals with development of models for warranty cost analysis along with the decision on sale price and warranty cover for 2D-Warranty policies associated with sale of second-hand products.

• Proceedings of the Korean Information Science Society Conference
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• 2002.10d
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• pp.10-12
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• 2002

본 논문에서는 신뢰성 있는 소프트웨어 개발을 위한 위험분석 방법을 모색한다. 기존의 프로세스 능력 결정(PCD: Process Capability Determination)결과의 차이를 이용한 전체 위험결정 방법의 취약점을 보안하기 위해 MBASE(COCOMOII)I에서 제시하는 위험분석 방법을 이용한다. 이 과정에서 필수적으로 수행되어야 할 과제는 레벨의 MP(Management Practice)단위 속성과 cost driver를 매핑함으로써 개별 위험항목(risk item)을 얻는 것이다. SPICE 레벨4 단계를 예로 cost driver를 추출하고 rating 결과를 입력하여 위험요소의 우선순위를 결정하며, 결정된 위험 우선순위에 따라 위험을 제거할 경우 전체 위험이 급격히 감소되어 RE(Risk Exposure) 그래프의 하강 곡선을 따름을 증명하였다. 이러한 산정결과를 통해 레벨에 영향을 미치는 위험 속성 및 위험 제거시 전체위험의 감소율을 예상할 수 있다.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.18 no.34
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• pp.61-67
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• 1995

Through the model presented in this paper, we study on the depletion of stock taking place due to random loss of items as well as random demand, under the assumption that the distributions of demand are independent of those of loss, and both of them are identical, and that life time distribution of each item is negative exponential. The steady state probability distribution of the stock level assuming instantaneous delivery of order under (s, S) inventory policy. Also we have derived total expected cost expression with loss cost. The results of sensitive analysis show that the effect of loss rate is substantial on the total cost and optimal value of inventory level.

• Journal of Institute of Control, Robotics and Systems
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• v.16 no.5
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• pp.476-480
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• 2010

This study deals with stockout costs in the supply chain optimization model under the framework of batch-storage network. Stockout is very popular in chemical industries. Estimating stockout cost involves an understanding of customer reactions to a seller being out of stock at the time the customer wants to buy an item. This involves massively non-trivial work such as direct customer interviews and extensive mail survey. In this study, we will introduce a new interpretation of stockout costs combined with batchstorage network optimization model and thus suggest an easy way of estimating stockout costs. Optimization model suggest that optimal process and storage sizes considering stockout cost are smaller than those that do not consider stockout cost. An illustrative example support the analytical results.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.18 no.33
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• pp.39-43
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• 1995

The purpose of this article was to understand the individual proportion of quality costs which have been expended by manufacturing industries in Seoul and Kyunggido district. The collected data on 72 firms could be use for an empirical analysis and the ratio test was implementented with the questionnaires. The finding were as following : by conparison with the proportion of quality cost in typical manufacturing industrial of U.S., We concluded that total quality cost was occupied with a small portion of sale. Also as compared with the individual item of quality cost, it was noted that the proportion of prevention cost had increased in a relatively large company.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.808-813
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• 2005

Effective cost management requires reliable cost estimates at every stage of project development. The primary purpose of this research is to develop systematic modeling procedures and an automatic computing program for infrastructure estimating in the Texas Department of Transportation (TxDOT). The computing system toggles between project input information and segregated district unit prices for highway work item quantity estimates associated with earthwork and landscape, subgrade treatments and base, surface courses and pavement, structures, miscellaneous construction, and lighting, signing, markings and signals. This quantity-based approach was chosen because of the conventional approach lacking of quantity information until primary design is complete.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.263-267
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• 2015

Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

• International conference on construction engineering and project management
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• 2007.03a
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• pp.119-129
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• 2007

In January 2005, the BTL private investment project was introduced in the Korean construction market as part of the plan to provide high-quality public service and expand the required facilities in a timely manner. Nonetheless, problems such as the low earning rate at the beginning of the business, burden of service compared to the cost of the proposed business, and limitations of the local small and medium-sized companies in relation to their participation in the project arose. The LCC analysis system for the BTL projects was developed as part of efforts toward efficiently investigating the investment eligibility. Specifically, methods for LCC analysis were selected for each stage of the BTL project in relation to the requests of experts for military residential facilities and public educational facilities. Variables were then extracted to derive an accurate analysis value, LCC for the 5 cost items (initial investment cost, operating expenses, maintenance expenses, energy cost, and disposal cost), analyzed, and system enabling comparative analysis for single and multiple initiatives by year and item, developed. Thus, we have to clearly require the accumulation of data to examine the appropriateness of the results of LCC analysis based on data and results.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.3
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• pp.109-116
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• 2016

This study presents a unique way to improve consumer-oriented service for assistive orthosis products. Satisfaction and important factors were analyzed based on responses from disabled people who have used the orthoses. We surveyed 185 disabled people with QUEST (Quebec User Evaluation of Satisfaction with assistive Technology), and we conducted in-depth interviews with 25 individuals. The average satisfaction score was 3.68 (orthoses satisfaction: 3.78; service satisfaction: 3.52). For each item, the highest score was effectiveness, and the lowest one was cost. As important factors for each item, the participants selected cost, comfort, repair, and service. The fee system for orthoses needs rational revision, and a delivery system should be constructed for follow-up services such as repair.

• Health Policy and Management
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• v.3 no.1
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• pp.84-101
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• 1993

The current method of rate adjustment is based on the evaluation of the financial performance of hospitals. The method has the disadvantages such as too complicated, expensive process as well as low reliability due to small sample size. This study, therefore, develops a new model for the rate adjustment with the use of the composite index. In addition to that, it examines the validity of the model by comparing the result of the new method with that of the conventional method. The idea of the new model comes from the Medicare Economic Index(MEI) on which physician fees for the Medicare patients are adjusted periodically in the United States. Medical costs are classified into three groups : labor costs, materials and other expenses. Labor costs are subdivided into physicians and other personnels. Materials are subdivided into drugs and others. Other expenses are subdivided into 5 items. Macro economic indices are selected for each cost item in order to reflect the cost inflation during the specific period. Then the composite index which integrate all items according to the ration of each item in the total costs is calculated. The result from the application of empirical data to the new model is very similar to that of the current method. Furthermore, this method is very simple and also to easy to get social concensus. This model can be replaced the current method based on the analysis of the financial performance for the adjustment of medical fees.