• Title/Summary/Keyword: Cost strategy

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A Study on the Foreign Market Entry Strategy of Venture Firms (해외시장 진출전략에 관한 연구 -정보통신분야의 벤처기업을 중심으로-)

  • Kim Jin-Ha
    • Management & Information Systems Review
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    • v.5
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    • pp.185-209
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    • 2000
  • A review of shows that past research has focused predominately on foreign market entry strategy issues in relatively well-established firms. These studies have either ignored venture firms or have failed to treat these firms separately. Only recently, researchers have broadened their search to include aspects of the foreign market investment of the venture. The purposes of this study are to identify and explain the impact factors such as ownership specific advantage, transaction cost, and location specific advantage on the choice of foreign market entry strategy for venture firms. To find the perceived the foreign market entry strategy and determinant factors, 130 venture CEOs from the computer and communications equipment industries were asked to describe their venture's foreign market entry strategy through 17 questionnaire items on competitive method. Using factor analysis, the six determinant factors were categorized. To test the relationships between the foreign market entry strategy and factors such as ownership specific advantage, transaction cost, and location specific advantage, the data collected by questionnaire from 92 ventures. The main results of this research are as follows. First, the factors of ownership specific advantage have partially significant impact on the foreign market entry strategy of venture firms, Second, the factors of transaction cost have significant impact on their foreign market entry strategy. Third, the factors of location specific advantage have significant impact on their foreign market entry strategy. This study has produced evidence to demonstrate that the foreign market entry strategy profile of venture firms can be distinguished from those of relatively well-established firms. An expanded study would allow for stronger conclusions regarding the relative explanatory power of individual variables in the method. Additional research is also needed to examine other determinant variables connecting foreign market entry strategy.

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Real-Time Job Scheduling Strategy for Grid Computing (그리드 컴퓨팅을 위한 실시간 작업 스케줄링 정책)

  • Choe, Jun-Young;Lee, Won-Joo;Jeon, Chang-Ho
    • Journal of the Korea Society of Computer and Information
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    • v.15 no.2
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    • pp.1-8
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    • 2010
  • In this paper, we propose a scheduling strategy for grid environment that reduces resource cost. This strategy considers resource cost and job failure rate to efficiently allocate local computing resources. The key idea of our strategy is that we use two-level scheduling using remote and local scheduler. The remote scheduler determines the expected total execution times of jobs using the current network and local system status maintained in its resource database and allocates jobs with minimum total execution time to local systems. The local scheduler recalculates the waiting time and execution time of allocated job and uses it to determine whether the job can be processed within the specified deadline. If it cannot finish in time, the job is migrated other local systems, through simulation, we show that it is more effective to reduce the resource cost than the previous Greedy strategy. We also show that the proposed strategy improves the performance compared to previous Greedy strategy.

Charging Control Strategy of Electric Vehicles Based on Particle Swarm Optimization

  • Boo, Chang-Jin
    • Journal of IKEEE
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    • v.22 no.2
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    • pp.455-459
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    • 2018
  • In this paper, proposed a multi-channel charging control strategy for electric vehicle. This control strategy can adjust the charging power according to the calculated state-of-charge (SOC). Electric vehicle (EV) charging system using Particle Swarm Optimization (PSO) algorithm is proposed. A stochastic optimization algorithm technique such as PSO in the time-of-use (TOU) price used for the energy cost minimization. Simulation results show that the energy cost can be reduced using proposed method.

Optimal Configuration Algorithm for ESS with Renewable Energy Resources Considering Peak-shaving Effects (신재생 에너지가 도입된 전력저장장치의 첨두부하절감 효과를 고려한 최적 구성 알고리즘)

  • Lee, Na-Eun;Kim, Wook-Won;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.63 no.9
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    • pp.1199-1205
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    • 2014
  • A power system configuration has been increasingly advanced with a number of generating units. In particular, renewable energy resources are widely introduced due to the environmental issues. When applying the renewable energy sources with the ESS (Energy Storage System), the ESS is the role of a potential generating resource in the power system while mitigating the output volatility of renewable energy resources. Thus, for applications of the ESS, the surrounding environment of it should be considered, which means that capacity and energy of the ESS can be affected. Moreover, operation strategy of the ESS should be proposed according to the installation purpose as well as the surrounding environment. In the paper, operation strategy of the ESS is proposed considering load demand and the output of renewable energy resources on a hourly basis. Then, the cost of electrical energy is minimized based on the economic model that consists of capital cost, operation cost, fuel cost, and grid cost for a year. It is sure that peak-shaving effects can be achieved while satisfying the minimum cost of electrical energy.

Comparative Study of Environment, Resource Capability, Strategy, Organization Characteristics According to Technological Innovative Groups in Telecommunication Industry (기술혁신 군별 환경, 자원역량, 전략 및 조직특성요인 간의 비교연구 : 정보통신산업을 중심으로)

  • Song, Sang-Ho
    • Knowledge Management Research
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    • v.11 no.2
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    • pp.111-131
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    • 2010
  • The purpose of this study is to categorize group of firms by using characteristics of technical innovation in telecommunication industry and to identify relationships between types of technical innovation and such contingency factors of technical innovation. The major findings of this study are summarized as follows; First, Type 1 Group (Innovative Industry Leading Group) tends to use innovative and market differentiation strategy and has more innovative C.E.O's management style and innovative culture. Second, Type 2 Group (Dependent Group on Market Change) tends to use market differentiation or cost leadership strategy and has a more conservative C.E.O's management style and non-innovative culture. Third, Type 3 Group (Small Technology Intensive Group) tends to use focused innovative strategy and has a more innovative C.E.O's management style and innovative culture. Fourth, Type 4 Group (Non-Innovative Group) tends to use focused cost leadership strategy and has a more conservative C.E.O's management style and non-innovative culture.

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Decision-Makings of CoPS Innovation Strategy, Power and Dominant Design - the Case of SKT and KTF

  • Kim, Jong-Seok;Miles, Ian;Flanagan, Kieron
    • Proceedings of the Korea Technology Innovation Society Conference
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    • 2017.05a
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    • pp.219-219
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    • 2017
  • This study aims at examining each firm's decision-makings of complex product and system (hereafter CoPS) innovation strategy, so that it tries to reveal the nature and role of CoPS innovations strategy. And it designed a comparative case study along with qualitative methods, by having two mobile operators' digital rights management (hereafter DRM) innovation in South Korea's digital music service industry. Through literature review, this study formulated three research propositions: (i) Each firm's decision-makings of CoPS innovations strategy are analytical negotiation process among economic actors in an industry; (ii) Each firm's market power originated from its market share from the installed base through network effect and switching cost influence decision-makings of CoPS innovation strategies; (iii) Each firm's decision-makings of different CoPS innovation strategies are related to their intension of achieving better market power, consequently dominant design. Through empirical examination of two mobile operators' decision-makings of DRM innovation strategy, this study empirically verified three research propositions.

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A Study on Marketing Strategy through Comparison of Fashion Industry Development Process Between Korea and Japan (한국·일본의 패션산업 발전과정 비교를 통한 마케팅 전략 연구)

  • Lee, Ho-Jeong
    • Fashion & Textile Research Journal
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    • v.5 no.4
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    • pp.351-362
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    • 2003
  • To study marketing strategy changes caused by Korea fashion industry development process, the fashion marketing strategy changes of Japan, considered as the most similar one of Korea, was compared. At each period, p! roper cost efficiency strategies, product differentiation strategies, and market segment strategies has been selected and applied. The fashion industry foundation period namely practical usage clothing period of Korea follows 10 years after one of Japan. 90's highly sensitive fashion period namely fashion industry growth period follows 5 years after one of Japan. As entering to fashion industry maturity period with global competition, the time difference falls to less than 5 years. With hosting of 2002's World-Cup, Korea's global competitiveness has increased, and it appears to be possible of being fashion market leader in East Asia and Japan's rival on an equal footing.

A Proposal of Heuristic Using Zigzag Steiner Point Locating Strategy for GOSST Problem (GOSST 문제 해결을 위한 지그재그 스타이너 포인트 배치 방법을 이용한 휴리스틱의 제안)

  • Kim, In-Bum;Kim, Chae-Kak
    • The KIPS Transactions:PartA
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    • v.14A no.5
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    • pp.317-326
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    • 2007
  • We propose more enhanced heuristic for the GOSST(Grade of Services Steiner Minimum Tree) problem in this paper. GOSST problem is a variation of Steiner Tree problem and to find a network topology satisfying the G-Condition with minimum network construction cost. GOSST problem is known as one of NP-Hard or NP-Complete problems. In previous our research, we proposed a heuristic employing Direct Steiner Point Locating strategy with Distance Preferring MST building strategy. In this paper, we propose new Steiner point locating strategy, Zigzag Steiner point Locating strategy. Through the results of out experiments, we can assert this strategy is better than our previous works. The Distance Zigzag GOSST method which hires the Distance Preferring MST building strategy and Zigzag Steiner point Locating strategy defrays the least network construction cost and brings 31.5% cost saving by comparison to G-MST, the experimental control and 2.2% enhancement by comparison to the Distance Direct GOSST method, the best GOSST method in our previous research.

Quality Cost Mitigation Strategy through Satellite's Mission Assurance (임무보증활동을 통한 인공위성 품질비용 저감방안)

  • Kim, You-gwang;Lee, Woo-jun;Baek, Myung-jin;Chun, Young-Sik;Lee, Nak-young
    • Journal of Aerospace System Engineering
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    • v.9 no.2
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    • pp.41-46
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    • 2015
  • The various risk factors that affected schedule, costs and mission success, etc. in development of the satellite. This paper derives the considerable "Cost of Quality" factors in the satellite development phase through the survey of practical techniques in respect of measurement of quality cost in the commercial products manufacturing, and proposes mitigation strategy of quality cost using the approach that can be minimized it.

Reducing Paging Cost Using LA-Division Scheme in Personal Communication Systems (이동 통신망에서 영역 분할 방식을 이용한 페이지 비용 감소 방안)

  • Park N.Y;Chang I.K;Hong J.W.;Lie C.H.
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.425-432
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    • 2003
  • In personal communication systems, location management of mobile terminals is required to connect incoming calls to the mobile terminals. Investigation of effective location update and paging strategies is important to reduce the cost of location management. In this study, we propose a paging strategy considering the mobile terminals' residence patterns. The first paging area is introduced, which is characterized by the set of cells in the location area where mobile terminals usually stay for a significant period of time. We propose the decision criterion of the first paging area by comparing the cost against zone-based strategy. For an incoming call. we perform the sequential paging by the order of the first paging area and the rest of cells in the location area called by the second paging area. Thus the paging cost is greatly reduced, especially when the called mobile terminal is located in the first paging area. The proposed strategy is expected to be more effective than existing strategy using anchor cell in the location area because it reflects various residence patterns of mobile terminals.

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