• Management & Information Systems Review
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• v.33 no.4
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• pp.39-48
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• 2014

In order that a company may reduce expense, according to companies' income statement, the largest amount of money is set to total sales amount, and the next is the sales cost. The method of reducing the sales cost is the common and it is important to take down a unit price at the time of purchase, or to reduce inventory cost. In this research, the cost reduction model for logistics cost reduction is built using the real data of P company, and in order to verify the validity of a model, logistics cost is calculated through a simulation. A real logistics cost is compared with the logistics cost through logistics route rearrange of the proposal model. It will become an opportunity which analyzes the logistics expense of P company through this research, and can be solved in search of the problem of logistics system.

• Proceedings of the Safety Management and Science Conference
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• 2012.11a
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• pp.269-278
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• 2012

The purpose of VE (Value Engineering) activities is to come to an achievement of building necessary functions at the lowest possible cost. This study unfolds the co-VE activities which occurred between Gas Range and its partner company in the supply of Grill Body. The co-VE activity has accomplished the cost reduction of about 57 million through performing the function deployment of 12 parts and by devising the alternatives.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.4
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• pp.726-732
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• 2011

To establish the transmission system expansion plan based on reliability, valuation of outage cost become more important. In previous studies about outage cost estimation, macroscopic, microscopic and analytic methods are proposed but they have some limit. For instance, microscopic method involves a complex field survey process and macroscopic method can not estimate regional outage cost. So in this paper, a new method to estimate regional macroscopic outage cost using the reduction of value added due to power outages is proposed. This method uses regional add value according to production activities called Gross Regional Domestic Product(GRDP) and regional electricity sales.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.32 no.5B
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• pp.273-285
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• 2012

Current TMDL based on the 'Polluter Pays Principle' in Republic of Korea is individually operated by each local government for the designed allocated pollution load of unit watershed and unit district. However, unlike the motion of the air contaminants, the polluted contaminants in a river move from upstream to downstream, and a river can affect to districts more than two. In addition, a decision making on the construction of a sewage treatment facilities follows the concept of 'economy of scale'. These reasons support the collaboration among local governments in order to reduce the costs in improving water quality. This study suggested a method to reduce water quality management cost by redistributing reduction load considering cost-effectiveness for an entire watershed. The assessment on the suggested method is conducted in Youngsan river watershed. Without variation in total load, reduction load assigned for unit watershed and unit district is retributed in the region where pollutant source is concentrated, and then water quality and cost reduction improved from the redistribution of reduction load is analyzed. The results show that the cost saved by the suggested method is KRW 124 billion for scenario-1 and 172 billion for scenario-2 considering total cost of KRW 788 billion for the existing plan. We expect that the suggested method is a good example to reduce water quality management cost in local governments for TMDL.

• Korea Journal of Hospital Management
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• v.26 no.3
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• pp.1-12
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• 2021

Purpose: This study aims to examine the effect of the copayment reduction policy on the health care utilization of patients under age 15 after the policy started in 2017. (이하는 아래 methodoloty로 이동) Methodology: Data on the ALOS, the average admission cost, and the out-of-pocket expenditure for patients under 15 years of age from 2015 to 2019 were obtained from the National Health Insurance database. Policy effects were measured by analyzing three dependent variables before and after policy: the average length of stay (ALOS), the average admission cost, and the out-of-pocket expenditure for patients under 15 years of age. The collected data were analyzed using the SAS package, and the analysis methods used in this study were the mean difference test and linear regression analysis. Findings: The study results reveal that, after the copayment reduction policy in the year 2017, the ALOS and the out-of-pocket expenditure were significantly decreased, but the average admission cost was significantly increased. Practical Implications: These results imply that the policy of copayment reduction for the patients under the age of 15 has contributed to mitigating the patients' financial burden with little concern about growing medical utilization.

• Korea Trade Review
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• v.46 no.5
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• pp.195-211
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• 2021

The purpose of this study is to examine the relationship among innovation activities, innovation performance, and management performance of export firms. I first undertake a review of previous studies related to innovation activity, innovation performance, and export firms' innovation. Based on this, I set up a research model and hypotheses. First, The innovation activity is classified into product innovation activity, process innovation activity, and administrative innovation activity. Innovation performance is divided into product quality improvement and cost reduction. And the business performance is regarded as financial performance of export's firms. This study examined whether innovation activity affect innovation performance such as product quality improvement and cost reduction. In addition, I examined whether these innovation performance affects business performance (financial performance). To achieve this, a total of 368 questionnaires are used in this study and PLS (Partial Least Square) was used to analyze structural equation. As a result, this study shows that product innovation activity have a positive effect on product quality improvement, and process innovation activity also have a positive effect on product quality improvement. However, it was found that neither product innovation activity nor process innovation activity had an effect on cost reduction. And it was found that administrative innovation did not affect product quality improvement, but had a positive effect on cost reduction. Also, it was found that quality improvement, which is an innovation performance, did not affect the financial performance of export's firms, and cost reduction, which is an innovation performance, had a positive effect on the financial performance of the export's firms.

• Journal of Korean Society for Atmospheric Environment
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• v.19 no.E1
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• pp.41-50
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• 2003

Greenhouse gases (GHG) could lead to global warming, which may bring about various disturbances to global ecosystem. Other than primary benefits that are too extensive, the ancillary benefit from GHG reduction has been estimated to provide justification for national actions. Five scenarios for 5 to 40％ reduction of GHG were evaluated for the benefit/cost efficiency, using the cost estimates from a previous study. Their benefits were also estimated using a European model. As a result of this study, it can be concluded that lower reduction scenarios (5∼10%) seem to be more efficient than higher reduction scenarios (30∼40％).

• 한국연소학회:학술대회논문집
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• 2001.11a
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• pp.83-89
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• 2001

Most technologies of reduction process used in the heat treatment of existent metal products are related to metals applied to bolts and parts of automobiles, and nonmetal such as copper. Heating conditions and reduction gases produced in above processes depend on types of products to be treated thermally but heating systems employ electricity commonly and the reduction gases are separated into additional production equipment and a gas dryer and inefficiently provided into the system. Electrical heating system has the advantage of convenient temperature-control but is not economical because of disadvantages of high electricity-running cost and extra installation cost of a transformer. Accordingly, development of the system which has economical heating mode in which provision of reduction gas and heating conditions are unified is necessary for improvement of economy and efficiency in current reduction processes. This study aimed to develop a new advanced heat treatment furnace using catalytic combustion. thereby minimizing the cost during heating, supplying heat and reductive gas at the same time and controlling operating condition freely by changing electrical heating system to heating system by the gas combustion and regeneration of wasted heat.

• The Journal of the Korea institute of electronic communication sciences
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• v.8 no.9
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• pp.1299-1305
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• 2013

In this paper, we investigate a method of reducing the computational cost in speech recognition by dimensionality reduction of MFCC feature vectors. Eigendecomposition of the feature vectors renders linear transformation of the vectors in such a way that puts the vector components in order of variances. The first component has the largest variance and hence serves as the most important one in relevant pattern classification. Therefore, we might consider a method of reducing the computational cost and achieving no degradation of the recognition performance at the same time by dimensionality reduction through exclusion of the least-variance components. Experimental results show that the MFCC components might be reduced by about half without significant adverse effect on the recognition error rate.

• Journal of the Korea Institute of Building Construction
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• v.9 no.5
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• pp.135-144
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• 2009

The primary focus of this study has been directed towards assessing the potential impact of construction method improvement on a reduction in project cost. A total of 90 actual application cases were collected from a public organization and private construction firms, and 32 cases were used in analysis by adopting a synthetic approach. The level of cost reduction was measured in terms of material and labor cost by comparing the existing method and the improved method. An analysis of the results indicates that project cost can be reduced by up to 5.26 percent compared to a normal project by adopting a synthetic approach. Additional benefits include the assurance of uniform quality, savings in terms of labor and/or materials, and improved productivity. The potential of the applicability of this approach to other types of buildings and the implications of research findings were discussed in detail.