• Title/Summary/Keyword: Cost-saving

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The Power of Employee Participation in Green Management in the Hospitality Industry

  • Kim, Soo Kyung
    • Journal of Information Technology Applications and Management
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    • v.27 no.1
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    • pp.111-123
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    • 2020
  • This paper aims to highlight the importance of employee participation in green management in hotel firms. In particular, the study examined the role of employee participation in green management on cost saving as a hotel's performance indicator. We collected data from senior and general managers in Korean and US hotels. The results of the study supported our hypotheses, showing that the employee participation had a significantly positive relationship with cost savings in hotels. The results of the study also supported other hypotheses, showing that resource conservation and green building management had positive relationships with cost savings in hotels. Therefore, it can be predicted that green management can save cost in hotel firms. Such managerial implications are discussed.

A Comparative Analysis of Operating Costs of Teleconferencing and Alternative Transportation Modes (화상회의와 교통체계 이용시 비용분석에 관한 연구)

  • 원제무;손기복
    • Journal of Korean Society of Transportation
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    • v.11 no.2
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    • pp.45-62
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    • 1993
  • The major objective of this study is to analyze the differences between operating costs of teleconferencing and alternative transportation modes for the conference in major compaines. Alternative transportation modes include road, rail, and air transportation mode. A case study is conducted using the data gathered for Pohang Steel Coperations. The main results are: (1) the operating cost of the teleconferencing is cheaper than operating cost of transportation modes when the number of teleconferencing are over 12 frequencs, and the number of person are over 15. Results reveal that teleconferencing turns out to be effective means of conference. (2) the amount of differences of operating costs on teleconsferencing and transportation modes gets higher according to the time elapsed. In particular, when teleconferencing cost is compared to operating cost of road transportation, it is found that the cost saving of 2.75 billion won in year 2001 can be realized.

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A Study on the Recycling of Silica Slurry Abrasives by Filtering (필터링에 의한 실리카 슬러리 연마제의 재활용에 관한 연구)

  • Seo Yong-Jin;Park Sung-Woo;Lee Woo-Sun
    • The Transactions of the Korean Institute of Electrical Engineers C
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    • v.53 no.11
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    • pp.551-555
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    • 2004
  • In this paper, in order to reduce the high COO (cost of ownership) and COC (cost of consumables), we have collected the silica abrasive powders by filtering method after subsequent CMP (chemical mechanical polishing) process for the purpose of abrasives recycling. And then, we have studied the possibility of recycle of reused silica abrasive through the analysis of particle size distribution and FE-SEM (field emission-scanning electron microscope) measurements of abrasive powders. It was annealed the collected abrasive powders to promote the mechanical strength of reduced abrasion force. Finally, we compared the CMP characteristics between self-developed KOH-based silica abrasive slurry and original slurry. As our experimental results, we obtained the comparable rate of removal and good planarity with commercial products. Consequently we can expect the saving of high cost slurry.

Study on Operational Plan of Hot Gas Parts for Cost Reduction of Gas Turbine with Cases Oriented (가스터빈의 운전유지비 절감을 위한 고온부품의 운영방안에 관한 연구 - 사례중심으로 -)

  • Yu, Won-Ju;Cho, Chi-Woon
    • Journal of the Korea Safety Management & Science
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    • v.11 no.1
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    • pp.93-101
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    • 2009
  • The use of the gas turbine for power supply is increasing recently. Accordingly, the operation and maintenance cost of the gas turbine is gradually increasing and the various efforts to cut the cost are needed. For an operation and maintenance cost saving of the gas turbine, reductions of the new purchasing charge and the reproduction repair cost of the hot gas parts are required through more effective operation and life management methods for the hot gas parts. The hot gas parts are the main parts of the gas turbine and they are replaced with the periodic. In this research, efficient operation and life management methods for the hot gas parts were presented with the cases. The methods were analyzed and verified based on real data and the cases for improving a lifetime were utilized in the field.

The Study of Financing for Energy Efficiency Homes (주택 에너지효율향상을 위한 재정지원 방안에 관한 연구)

  • Park, Kihyun
    • KIEAE Journal
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    • v.12 no.6
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    • pp.63-68
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    • 2012
  • The aim of this study is to evaluate current policies and suggest the way of overcome financial impediments to the energy efficiency function of residential buildings. Based on this analysis the paper enumerates policy recommendations for enhancing how energy efficiency is addressed in building codes and other policies for residential buildings. For achieving this goal, this study conducts the cost-benefit analysis to measure total energy savings and associated total cost. The results of study shows that the cost is greater than the benefit from 1st to 4th year but the benefit will be greater than the cost for the rest of the year. In addition, this study designs a financial support method and an implementation mechanism. Investment from the capital market will take place with the government's interest subsidy. Home retrofit will be undertaken with low interest rate with 2.5% and the return will be paid by a monthly energy bill. The results of this study provides some useful insights for the policy design, including the importance of developing information tools for providing appropriate information to households.

Economic Evaluation far the Application of the Distribution Automation System (배전자동화시스템 적용을 위한 경제성 평가)

  • Hong, Soon-Hak;Ha, Bok-Nam;Kim, Ho-Yong;Jung, Kyung-Hee
    • Proceedings of the KIEE Conference
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    • 1993.07a
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    • pp.36-38
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    • 1993
  • This study considers the economic aspect of the distribution automation system, which is the decision-making criteria of the electric utilities for the investment. The feeder automation candidate region is divided into two types of the urban and the rural. The total investment cost of the feeder automation for each type is estimated. The annual cost, is also estimated, by finding the fixed charge rate. To compare the annual cost and the economic effect cost, for the investment decision-making, the costs are quantitatively estimated on the following effects : the manpower replacement, the outage cost saving, the main transformer utilization improvement, the feeder utilization improvement, and the line loss reduction.

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Production Cost Analysis of Leaf tobacco farm Households (잎담배 재배농가의 생산비 분석)

  • Kim, Jai-Hong;Kang, Il-Tack
    • Korean Journal of Agricultural Science
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    • v.31 no.2
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    • pp.149-160
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    • 2004
  • This study had carried out an analysis of leaf tobacco production cost by cost items, growing stages, and farm sizes per 10a to provide the basic data for determination of the purchasing price of leaf tobacco by KT&G. Considering the survey results of 12 tobacco farm households, the composition rates of production cost by items revealed as 7-10% for land service, 5-22% for depreciation, 13-25% for material costs, 50-65% for labour cost respectively. The production cost of leaf tobacco by growing stages were shown as 15.3% in nursery bed period, 32.3% in main growing period in field, 30.8% in harvesting period and 21.6% in packing period. The magnitude of wage expenditure was appeared as harvesting stage, packing stage, growing stage on main field and nursery bed stage in order. The amount of material costs were revealed as the growing stage in main field, harvesting stage, nursery bed stage and packing stage respectively. The production costs of leaf tobacco per 10a by farm sizes were shown as 1,615,879won for small farm, 1,446,896won for medium farm and 1,454,408won for large farm respectively. The production cost of leaf tobacco had shown decreasing tendency according to increasing farm sizes. To promote the international market competitiveness of leaf tobacco producing farms, labour saving production technologies and cost effective farm size to decrease tobacco production cost should be developed.

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Construction Cost Segregation Process using Building Information Modeling

  • Zhou, Rong;Li, Huimin;Zhang, Chengyi;Lv, Lelin;Tian, Junrui;Cakir, Sevilay Demirkesen
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.1106-1113
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    • 2022
  • Cost segregation helps reduce tax liabilities by reclassifying real property to personal property and accelerates tax depreciation of a property. A typical cost segregation study requires much time and high costs. This study proposed a BIM integrated cost segregation process that can be applied to any commercial building project. The proposed BIM-based cost segregation process was verified in a new commercial construction project. It approved that this approach can: (1) increase the cash flow for the owner and provide assistance to tax-paying enterprises; (2) enable the contractor to use it as an added value in the bidding process; (3) realize data sharing in a common platform to improve the cost segregation study efficiency and reduce costs and errors; (4) contribute to the asset management in the life cycle of buildings while filling in the blank of cost segregation process. Future studies will focus on the automation of cost segregation and asset management in building construction's life cycle.

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A OSPF Routing Scheme based on Energy Profiles and Its Characteristics for QoS-Aware Energy Saving(QAES) in IP Core Networks (IP 네트워크에서 QoS-Aware Energy Saving(QAES)을 위한 Energy Profile 기반 OSPF 라우팅 방식 및 특성)

  • Seo, Yusik;Han, Chimoon
    • Journal of the Institute of Electronics and Information Engineers
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    • v.53 no.1
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    • pp.9-21
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    • 2016
  • Nowadays various methods for energy saving have been studied in IP networks. This paper suggests a 2-phase OSPF routing method for energy saving on IP networks having various energy profiles and analyzes its characteristics. The phase-1 of the routing is an OSPF routing method considering the energy cost of devices besides existing metrics to minimize energy consumption. In the phase-2 of the routing, it makes core nodes go into sleep sate for energy saving and reroutes the paths affected by sleeping core nodes. At this time, we confirm that the characteristics of mean delay and energy efficiency can be satisfied by limiting an allowable hop number in the reroute paths, and utilization rate of nodes and links for assuring energy saving and network-level QoS. Since the efficiency of energy saving and delay characteristics differ according to selection methods of core nodes to go into sleep state, it is that the a method of core node selection based on MP(minimum_path) is more excellent than others in terms of network-level QoS and energy saving in IP networks.