• Korea Journal of Hospital Management
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• v.11 no.1
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• pp.54-90
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• 2006

Medical clinics are core institutes that cover the primary medical care in Korea. Financial viability of the clinics is essential for them to conduct their roles and functions, and can be improved by increasing their operating profitability. On this ground, this study aimed at finding important factors that affect the operating profitability, and thereby at suggesting strategic alternatives that can contribute to the improvement of the profitability. Operating margin was set as a dependent variable, and such factors as general management conditions, number of visits, medical revenue, marketing activities, input resources, medical cost as independent variables. Nineteen hypotheses related to the variables were established and tested using data collected from 138 sample clinics for the year 2003. The results of the study are as follows : Firstly, such variables as percent ratio of the depreciation plus rent costs to total administration costs, type of clinical department manifested whether medical, surgical, or quasi-surgical, percent ratio of the interior facility investment to total fixed assets, and total number of outpatient visit are important factors that affect, positively or negatively, the medical profitability of the clinics. Secondly, following measures are needed to be established and implemented to improve the medical profitability. (1) Administration costs share 53.2% of the total medical costs, and depreciation plus rent costs 16.3% of the total administration costs. This implies that such measures as reinforcement of marketing activities, establishment of the cooperative utilizing system of the facility and equipment, or group practice are needed to increase cost-effectiveness. (2) Occupancy rate of the clinics with inpatient bed is as low as 45.5%, causing high fixed costs and low medical profitability. For its improvement, the resource input structure should be reorganized. Thirdly, in the future, a study that can increase sample representativeness of the study and explanation power of the variables should be performed for each type of clinical department to find more specific determinant factors and to contribute to the improvement of the medical profitability of the clinics.

• Journal of Korea Port Economic Association
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• v.27 no.3
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• pp.1-12
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• 2011

The effect of real exchange rate changes on trade balance is called the J-curve effect. That is, after real depreciation, the trade balance will deteriorate in the short run and improve in the long run. Specially, import and export prices respond with little or no decline in volume. Assuming a zero initial trade balance and dominance of the exporter currency in invoicing trade contracts, the trade balance continues to deteriorate in the medium term. Over time, the relative price-induced volume effect comes to dominate the price effect and the trade balance improves. This pattern of the trade balance adjustment is commonly referred to as the J-curve effect. This study examines the effects of changes in the exchange rate on the Korean port trade balance to China. The empirical results indicate that whilst there is J-curve effect in the short-run, but in the long-run, the real depreciation of the Korean won has positive impact on port trade balance to China.

• Korean Journal of Agricultural Science
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• v.36 no.2
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• pp.233-244
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• 2009

This study analyzed the income of orange farming of Lichuan, Jiangxi Province in China. Using a questionnaire, 36 farmhouseholds of Lichuan were surveyed. The results are as follows. First, through the investigation of Lichuan orange farming farmhouseholds, we know that the direct expenses of Lichuan orange is around 2,250 RMB/10a and the direct expenses per household's are about 32,000 RMB. The average production of Lichuan orange is 1,548 kg/10a and the income is around 2,200 RMB/10a. The results showed that in Lichuan area orange farming benefit is more than rice so orange farming has been increasing. Second, the direct expense of Lichuan orange farming, 91% is material cost, 8% is labor cost, depreciation cost is only 1.4%. This result show that orange farming in Lichuan is very labor intensive. Third, there are a lots of young orange trees in Lichuan, so income would be increasing through the year.

• Journal of Korean Institute of Industrial Engineers
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• v.14 no.1
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• pp.91-101
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• 1988

Break-even analysis is a simple and useful tool in decisions and planning activities though its use is somewhat limited to short-term analysis. The subject is discussed in the fields of engineering economics, production management, cost and managerial accounting, finance, marketing, and so on. Conventional break-even analysis suits the case of stable price and low interest rate. In this paper, we try to overcome the limit by considering following factors, namely, time value of money, depreciation, tax, and capital gains. Also, considering learning effect, we increase applicability to a new project which raises certain changes such as a replacement of production process, an employee turnover, etc. Thus, we suggest a model which has a dynamic break-even quantity per period for the project. Furthermore, we examine the effect of inflation in break-even analysis.

• Journal of Institute of Control, Robotics and Systems
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• v.6 no.6
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• pp.492-499
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• 2000

In this paper, realization techniques of the parallel processing and the parallel network system for image processing are described. The parallel image processing system is constructed by the characterization of image processing and processor. Several problems are solved to achieve effective parallel processing and processor networking with the particular properties of image processing, which are reduction of communication quantity, equalization of load and delay depreciation on communication. A parallel image input device is developed for the flexible networking of parallel image processing. An abnormal region detection algorithm which is the basic function in machine vision is applied to evaluate the constructed parallel image processing system. The performance and effectiveness of the system are confirmed by experiments.

• Journal of the Korean Operations Research and Management Science Society
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• v.31 no.4
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• pp.1-11
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• 2006

A citation-based method of estimating the life span of a patented technology is proposed In this study. The suggested framework Includes : (1) estimation of citation frequency of an individual patent within a technology group. (2) calculation of a mutual citation frequency between citing patent and cited patents, (3) calculation of the period for cited patents from the year of registration to the year of being cited most recently and (4) description for technology group using descriptive statistics such as mean, median, mode, etc. The framework suggested in this study was applied to the US patent data between 1976 and 2004 for 5 communications areas.

• IE interfaces
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• v.20 no.3
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• pp.395-406
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• 2007

In the telecommunication industry, estimation of the cost of network facilities is very important since depreciation cost of the facilities accounts for a large portion of the product cost. Moreover, cost estimation in the industry becomes more difficult because of increasing indirect cost upon digital convergence, expanding multi-purpose facilities, complexity of service product, etc. Nevertheless, not much seem to have been done in improving estimation methodology of the cost of network facilities. As a result, the quality of cost information on network facilities has deteriorated, and now even decision-makers in the industry dismiss the information. Recently, two major telecommunication companies adopted a new network cost estimation method to deal with the issue. In this paper, we study the concept of new cost estimation method and the procedure to develop and apply it. We also suggest the method to carry out the cost allocation using Matlab which is more efficient and time-saving than other commercial cost calculation packages.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2003.05a
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• pp.633-636
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• 2003

이동망 착신접속료는 독점서비스로 원가인하유인이 없으며 기존의 접속료 산정방식인 완전배부방식의 비합리적이고 부당한 원가계산이 문제점으로 거론되면서 합리적인 요금산정방식은 장기증분원가방식이라고 판단됨으로써 영국에서는 이에 대한 연구가 활발하다. 영국의 장기중분방식은 비용을 회수하는 수단으로 경제적 감가상각을 사용하고 있다. 본 고에서는 기존의 완전배부방식에서 사용되던 회계적 감가상각(역사적 원가와 현행원가방식)과 장기증분원가 방식의 경제적 감가상각 방법을 비교함으로써 감가상각 방법에 따라 이동망 착신접속료에 미치는 영향 및 시사점을 분석해 보고자 한다.

• Nuclear Engineering and Technology
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• v.9 no.3
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• pp.151-163
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• 1977

Being based on the Segal method, calculation was carried out for the natural uranium nuclear fuel cost with Zircaloy-4 cladding having design Parameters of Wolsung Nuclear Power Plant, CANDU-PHWR (Unit 1) , currently under construction in Korea aiming at its completion in 1982. An attempt was also made for tile sensitivity analysis of each fuel component; j. e., depreciation of fuel manufacturing plant caused by its life time, its load factor, production scale expansion of plant facilities, variations of construction and operating costs of fuel manufacturing plant, fluctuation of interest rates, extent of uranium ore price increases and effect of learning factor.

• Korean Journal of Agricultural Science
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• v.37 no.3
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• pp.509-514
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• 2010

The purpose of this study is to analyze the technical efficiency and its determinants for Korean Apiculture farming by using from door to door and e-mail inquiry data. The analysis was implemented through the Cobb-Douglas stochastic frontier production function (SFPF) model including the technical inefficiency effect model for cross-sectional data. To measure the SFPF model, honey production was used for a dependent variable, and for input variables labor cost, preventive cost, material cost, feeding cost, depreciation cost were used. Farmer's age, farmer's career, farming scale, full-time or half-time firm and movement or fixed firm variables were used to measure the inefficiency effect model. The average technical efficiency on apiculture farming in Korea is estimated to be 0.8112. It means that there were technical inefficiency of about 18.88% in Korea apiculture farming. In this study there are some suggestions which could increase the technical efficiency of Korean apiculture farming.