• Title/Summary/Keyword: Decision Cost

Search Result 1,971, Processing Time 0.034 seconds

A Study on the Learning Curve and Productivity (한국 정유산업의 학습곡선과 생산성에 관한 연구)

  • 이종철;강규철
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.20 no.43
    • /
    • pp.175-195
    • /
    • 1997
  • The learning curve has an important effect the growth of corporation. But, in Korea, the study and inference on the learning rate of each industry are unprepared, and so, Korean industires have difficult in productivity and cost. At this point, this study infers the learning rate of the oil industries and investigates the productivity and growth of them. In conclusion, this study presents the direction of the oil industries' development. With the intention of this objects, this study seizes the status which is concerned the total quantity, the operating rate, the plant capacity, the indicators concerning productivity, the investment of R & D and the scales, and then, infers and verifies the relevancy in connection with the learning rate. In the oil industry, the average rate of learning is 65.96% from 1982 to 1994 which the total quantity and the average operation time are used to infer the rate. To observe the low rate within a same period of time, this study takes the consequences that the learning rate is almost indentical with them each year. This steady state is caused by a difference between the employee and the decision maker about the acquirement and assimiliated of technology. When the high-quality technologies posses the environment to applicate in the scene of labor with them, this technology applies to the productivities. As the learning rate increases, the productivity has more effectiveness. The result of analysis about the effectiveness of the learning rate follows that the R & D unfoldes to exist and does not contribute to the growth of the oil industry. To analyze the variables of the growth, such as the learning rate, the investement of R & D, the operating rate and the gross value added to property, plant and equipment, the model is established and examined. The business strategy in the oil industry must be developed to achive the internal growth as well as the external.

  • PDF

A Study of an effective centralization of medical supply system. In Y University Medical Center (Y의료원의 물류 공급체계 중앙화 관리에 대한 연구)

  • Kwon, Soon-Chang;Kim, Young-Soo
    • Korea Journal of Hospital Management
    • /
    • v.4 no.1
    • /
    • pp.1-20
    • /
    • 1999
  • Since the late 1980s, there have been radical changes in the managerial environment of Y University Medical Center(YUMC). Externally, the competition among hospitals has intensified due to the establishment of universal health insurance in 1939 and the entrance of large enterprises into the health care industry in the early 1990s. In addition, government regulation of medical institution is becoming stricter. Also, consumer groups have continued to demand the respect for patient rights and improvement of the quality of medical services. Internally, the financial condition of YUMC has worsened, not only because weak control and poor mediation in its large-scale structure have made its operation inefficient, but also because the rates of increase in the prices of goods and labor have grown faster than any increases in revenues. This study on materials management at YUMC presents a way for YUMC to reduce costs and increase its productivity, thereby overcoming its financial difficulties and dealing with external pressures. This study utilized the case studies of the materials purchasing and medical supply management in the United States and the comparative analysis of management to suggest short-term and long-term alternatives for innovation in YUMC. The goals of the short-term alternatives for innovation are to centralize the purchasing and supply departments and to simplify the decision-making processes. Through these attempts, it is estimated that YUMC's costs could be reduced by $600,000 per year. In the long-term, it is necessary to consider introducing a Supply Processing Distribution(SPD) system and setting up a centralized electronic system for supply and inventory management, although it is difficult to estimate the effect of cost-cutting because of the lack of analysis data. Thus, YUMC should thoroughly analyze initial investment costs and economical efficiency generated from long-term alternatives.

  • PDF

A Study on Development of Performance Measures for Level of Service(LOS) of Bridge Asset Management (교량 자산관리의 서비스수준 결정을 위한 성능척도 개발에 관한 기초연구)

  • Sun, Jong-Wan;Park, Kyung-Hoon;Lee, Min-Jae;Park, Cheol-Woo
    • Korean Journal of Construction Engineering and Management
    • /
    • v.12 no.2
    • /
    • pp.101-110
    • /
    • 2011
  • Because bridges can cause more significant damage than other infrastructure a certain level of safety shall necessarily be secured for users. As most of bridges' service life become 20-30 years there will be a dramatic increase in the maintenance and repair cost but the budget and human resource will be limited. Asset management technique can help the efficiency in maintenance and budget management with the limited resource. For its application, there must be a way to evaluate how bridges provide service to users. The level of service can be quantified by a performance measure. This study introduces performance measures and an evaluation process for the determination of level of service. The evaluation results will be used as a fundamental information in the determination of maintenance/repair/management targets and in the decision making process of the bridge asset management.

A Combination Model of Earthwork equipment using System Dynamics (시스템 다이내믹스를 활용한 토공장비의 조합 모형 연구)

  • Won, Seo-Kyung;Han, Choong-Hee;Kim, Sun-Kuk
    • Korean Journal of Construction Engineering and Management
    • /
    • v.8 no.4
    • /
    • pp.194-202
    • /
    • 2007
  • The earth work has been improved with the utilization of capital intensive equipments. However, work performance is not satisfactory yet due to its experience-oriented characteristics in selecting the combination of earth work equipments. Therefore, it is required to study on appropriate and systematic methods in selecting a set of equipments for earth work in order to optimize the cost and time as well as to improve the productivity. The objectives of this paper are as followed : (1) developing an optimum combination model of earth work equipments by using a system dynamics technique. (2) testing and evaluating the model by the sample application to a case study. The research is limited to the work of excavating, loading and hauling. The suggested model is proved in practice, so it will assist engineers to make the proper decision for equipment planning of earth work.

A Systematization Model of the Design Phase VE Selection by the Analysis of the Required Items in the Apartment (공동주택 설계VE의 요구항목 분석을 통한 대상선정 체계화 모델)

  • Jung, Ho-Geun;Yang, Jin-Kook;Lee, Sang-Beom
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2007.11a
    • /
    • pp.1015-1018
    • /
    • 2007
  • VE is one of the most effective and systematic tool available to achieve the required function at minimum cost and manage in many industrial fields. The purpose of the preparation phase VE job plan is to establish a cooperation system referring to groups for the successful implementation of VE, and to achieve a common objective to collect sufficient materials required in the analysis phase. The Quality Model is used to measure the requirement of shareholders(users and owners)in the project. It also offers a guideline on decision making when executing the function definition, function arrangement, function evaluation, and the idea evaluation of VE. However, the current the preparation phase business confirms that the required items of owners and users has not suggested definite goals and directions. This study analyzes the problems of current work in the preparation phase from case study, survey and interviews of experts. It then proposes a new process after understanding the required items of owners, users and experts.

  • PDF

Improved Method for VE Items Selection by Analysing the Required Items of Stakeholder on the Apartment in Design Phase (공동주택의 설계VE단계에서 주체별 요구항목 분석을 통한 대상선정 개선방안)

  • Jeong, Ho-Geun;Yang, Jin-Kook;Lee, Sang-Beom
    • Korean Journal of Construction Engineering and Management
    • /
    • v.9 no.4
    • /
    • pp.111-119
    • /
    • 2008
  • VE is one of the most effective and systematic tool available to achieve the required function at minimum cost and manage in many industrial fields. The purpose of the preparation phase VE job plan is to establish a cooperation system referring to groups for the successful implementation of VE, and to achieve a common objective to collect sufficient materials required in the analysis phase. The Quality Model is used to measure the requirement of shareholders(users and owners)in the project. It also offers a guideline on decision making when executing the function definition, function arrangement, function evaluation, and the idea evaluation of VE. However, the current the preparation phase business confirms that the required items of owners and users has not suggested definite goals and directions. This study analyzes the problems of current work in the preparation phase from case study, survey and interviews of experts. It then proposes a new process after understanding the required items of owners, users and experts.

A Study on the Section Change Using the Slip-Form Method (슬립폼 공법 적용 시 단면변화에 대한 고찰)

  • Suh, Jin-Sun;Han, Jun-Young;Im, Chil-Soon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • 2007.11a
    • /
    • pp.123-128
    • /
    • 2007
  • Already, core wall construction method for apartment wall structure and general building special areas applied the engineering method's appropriate examination. Also, trial and error depending on slip-form method is a good examination opportunity to consider. In the present paper's slip-form engineering method l)Casting concrete to slab in sliding 2)RC structure + SRC structure (part of segment) 3)Inside segment variation(straight line-diagonal-circle) are together while determining whether it is possible not to carry out actual construction work on the structure. Finally, small problems continuously appear on actual slip-form method application, design and engineering, starting with planning thoroughly the field examination and diagnosing the atmosphere, minimizing cost, secure work safety facilities characterized by good quality, slip-form research extension, development and decision-making.

  • PDF

Vietnam: Is it attractive market for Korean Textiles and Apparel Industries\ulcorner Recent investments, Future Directions, and Implications (한국 섬유 및 의류산업의 유망 해외 진출국으로서의 베트남: 최근 진출 현황, 향후 전망과 제언)

  • 김혜수;진병호;박연주
    • Journal of the Korean Society of Clothing and Textiles
    • /
    • v.26 no.7
    • /
    • pp.958-969
    • /
    • 2002
  • No one doubts that textile and apparel industries have contributed to economic miracles of the export-led growth in Korea. However, by the turning of 1990′s, these sectors have encountered many problems such as decreasing of domestic production and exports mainly due to wage rise and shortage. Therefore, foreign direct investment to the low labor cost countries has been enlarged for a way of improving its competitiveness and increasing exports. However, no intensive study has been made exploring current investments and future directions. This study focuses Vietnam as one of the promising overseas investment countries. The purposes of this study are to analyze current investment status of Korean textiles and apparel firms in Vietnam, to explore merits and problems Vietnam has, and to present useful implications and strategies for Korean textiles and apparel companies. Analysis of current secondary data suggests that Korean apparel industry, rather than textiles industry, have invested more in Vietnam, mostly in southern Ho Chi Minh City. Investments of Korean apparel and textile firms have shown steady increase from 1990 but have turned to a decrease from 1995. Findings suggested that Vietnam has merits for attracting foreign investment since it provides relatively cheap labor and outstanding skillful hands suitable for apparel and textiles industries. In addition, because of EU quota increase and the trade agreement between Vietnam and USA it is likely for firms in Vietnam to increase exports to EU and USA Rapid expansion of domestic apparel market and "Korean trend (Han Rue)" in Vietnam resulted from successful star marketing of Korean firms are another merits Vietnam has to the Korean fm. However, regulations of central government, low efficiency of bureaucratic and stiff administrative process, difficulty of making decision in case of joint venture, lack of social overhead capital, high factory construction costs, weak construction condition, and the excessive competition among investment enterprises have found to be problems. Based on pros and cons of investment to Vietnam, marketing strategies, practical implications and future directions were suggested.

Multi-agent System based GENCO model for an effective market simulation (전력시장 시뮬레이션을 위한 MAS 기반 GENCO 모델링)

  • Kang, Dong-Joo;Kim, Hak-Man;Chung, Koo-Hyung;Han, Seok-Man;H.Kim, Bal-Ho;Hur, Don
    • Proceedings of the KIEE Conference
    • /
    • 2007.07a
    • /
    • pp.127-129
    • /
    • 2007
  • Since the competitive market environment was introduced into the electric power industry, the structure of the industry has been changing from vertically integrated system to functionally unbundled and decentralized system composed of multiple (decision-making) market participants. So the market participants such as Gencos or LSE (load serving entity) need to forecast the market clearing price and thus build their offer or bidding strategies. Not just these market players but also a market operator is required to perform market analysis and ensure simulation capability to manage and monitor the competitive electricity market. For fulfilling the demand for market simulation, many global venders like GE, Henwood, Drayton Analytics, CRA, etc. have developed and provided electricity market simulators. Most of these simulators are based on the optimization formulation which has been used mainly for the least cost resource planning in the centralized power system planning and operation. From this standpoint, it seems somehow inevitable to face many challenges on modeling competitive market based on the method of traditional market simulators. In this paper, we propose a kind of new method, which is MAS based market simulation. The agent based model has already been introduced in EMCAS, one of commercial market simulators, but there may be various ways of modeling agent. This paper, in particular, seeks to introduce an model for MAS based market simulator.

  • PDF

Optimizing dispatching strategy based on multicriteria heuristics for AGVs in automated container terminal (자동화 컨테이너 터미널의 복수 규칙 기반 AGV 배차전략 최적화)

  • Kim, Jeong-Min;Choe, Ri;Park, Tae-Jin;Ryu, Kwang-Ryul
    • Journal of Navigation and Port Research
    • /
    • v.35 no.6
    • /
    • pp.501-507
    • /
    • 2011
  • This paper focuses on dispatching strategy for AGVs(Automated Guided Vehicle). The goal of AGV dispatching is assigning AGVs to requested job to minimizing the delay of QCs and the travel distance of AGVs. Due to the high dynamic nature of container terminal environment, the effect of dispatching is hard to predict thus it leads to frequent modification of dispatching decisions. In this situation, approaches based on a single rule are widely used due to its simplicity and small computational cost. However, these approaches have a limitation that cannot guarantee a satisfactory performance for the various performance measures. In this paper, dispatching strategy based on multicriteria heuristics is proposed. The Proposed strategy consists of multiple decision criteria. A multi-objective evolutionary algorithm is applied to optimize weights of those criteria. The result of simulation experiment shows that the proposed approach outperforms single rule-based dispatching approaches.