• Title/Summary/Keyword: Expected benefit of time

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A Study on Marriage Types and Courtship - focused on working women - (결혼유형에 따른 배우자 선택 과정의 차이에 관한 연구 - 취업 여성을 중심으로 -)

  • Kim Jin-Hee;Kim Yang-Hee
    • Journal of the Korean Home Economics Association
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    • v.37 no.12 s.142
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    • pp.13-28
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    • 1999
  • This study aimed to analyze the process of courtship form having date and marriage toward women who had job before marriage. The objects were 27.36 years old and had 9.59 months marital life at average. This study conducted structured questionnaires using the reflection of spouse selection procedure. By using collected data through questionnaires, it conducted descriptive statistics, cluster analysis and t-test. The type of marriage would be divided into the emotional marriage group and the implemental marriage group The emotional marriage group had longer dating time and more satisfaction of spouse selection than the implemental group. On value variable, the emotional marriage group had more subjective selection standard and more expectation social and emotional benefit than the latter group. On search variable, the emotional marriage group estimated the relation stability and satisfied the relation with spouse more than the implemental marriage group and expected the less possibility to meet new partner.

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Simplification of Monte Carlo Techniques for the Estimation of Expected Benefits in Stochastic Analysis of Multiple Reservoir System

  • Lee, Kwang-Man;Ko, Seok-Ku
    • Korean Journal of Hydrosciences
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    • v.5
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    • pp.57-70
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    • 1994
  • For the system benefit optimization by considering risk or reliability from a multiple reservoir system using the Monte Carlo Technique, Many stochastically generated inflow series have to be used for the system analysis. In this study, the stochastically generated inflow series for the multiple reservoir system operation are preprocessed according to the considering system objectives and operating time periods. Through this procedure, several representative inflow series which have discrate probability levels and operation horizons are selected among the thousands of generated inflows. Then a deterministic optimization technique is applied to the hydropower energy estimation from the Han River Reservoir System which considers five reservoirs in this study. It took much less computational requirements than using the original Morite Carlo Technique, even though estimated result was almost similar.

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Effect of Flashing Light on Oxygen Production Rates in High-Density Algal Cultures

  • Park, Kyong-Hee;Kim, Dong-Il;Lee, Choul-Gyun
    • Journal of Microbiology and Biotechnology
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    • v.10 no.6
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    • pp.817-822
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    • 2000
  • A proper flashing light is expected to enhance microalgal biomass productivity and photosynthetic efficiency. The effect of flashing light on high-density Chlorella kessleri (UTEX 398) cultures was studied using light-emitting diodes. A frequency modulator was designed to flash LEDs, and the device successfully provided wide range of frequencies and various duty cycles of flashing. A relatively high frequencies of 10, 20 and 50 kHz were used in this study. These frequencies have very short flashing time ($2-50{\mu}s$), which corresponded to the time constant of the light reaction of photosynthesis. The specific oxygen production rates of photosynthesis under flashing light were compared with those under an equivalent continuous light in specially designed illumination cuvette. The specific oxygen production rates under flashing light were 5-25% higher than those under the continuous light. A range of cell concentration was discovered, where the benefit of flashing light was maximized. The photosynthetic efficiency was also higher under flashing light with frequencies of over 1 kHz, which was a clear indication of flashing light effect and the degree of mutual shading could by overcome by flashing lights, particularly at high-density algal cultures.

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The Preliminary Analysis of Introducing 500 km/h High-Speed Rail in Korea

  • Lee, Kwang-Sub;Eom, Jin Ki;Lee, Jun;Moon, Dae Seop
    • International Journal of Railway
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    • v.6 no.1
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    • pp.26-31
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    • 2013
  • Following the success of the KTX (Korea's first high-speed rail system) with a maximum operating speed of 300 km/h opened in 2004, experts in Korea started a research on the development of key technologies for high-speed rail (HSR) with a top speed of 500 km/h. This paper is a preliminary analysis of the research. It first reviews HSR experiences around the world, in terms of traffic and economic impacts of HSR, and presents a preliminary analysis of 500 km/h HSR in Korea. It is estimated that introduction of 500 km/h HSR with a 54% of travel time reduction will increase HSR passengers to about 9.8 million (about 78% of market share) between Seoul and Busan. It is a 23% of growth compared to the base scenario. Along with conventional rail passengers, air passengers are expected to be significantly impacted by the 500 km/h HSR. As a function of HSR travel time, the estimated market shares of both KTX and 500 km/h HSR compared to air are very comparable with previous international experiences. Based on the forecasted traffic, estimated total benefits are $758 million per year.

The Effect of the Introduction of the Express Highspeed Railway in Korea

  • KANG, SungWook;OH, SukMun;KIM, GyuBae
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.4
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    • pp.47-54
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    • 2022
  • Purpose - In today's era of carbon neutrality, railways need to find ways to improve usability and efficiency. Accordingly, this study examines the effect of introducing express highspeed railways into the Korean public transportation system and suggests some practical guidelines. One concern in the Korea railway sector is that low scheduled speeds contrast with the highspeed railway system design. Research design, data, and methodology - Current literature and foreign cases are analyzed. Subsequently, using data from the Korean Railroad Research Institute, a benefit analysis is conducted based on expanded track capacity and the saving of time owing to the introduction of the express highspeed railway. Result - The express highspeed railway system is expected to increase the number of train lines from 262 to 348 and the scheduled speed from 168.3km/h to 192.2km/h. Considering reduced time value, the economic effect is about 80 million won per year. Conclusion - The findings suggest that the express highspeed railway is a promising option to improve efficiency and increase customer utility. This study contributes to the literature by initiating a discussion on the express system in Korea; practically, it offers railway operators guidelines for improving highspeed railway system efficiency that can be transformed into a variety of marketing options.

The Investment Aspects from the FTA between Korea and China

  • Kim, Jin-Hwan
    • Journal of Distribution Science
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    • v.14 no.8
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    • pp.87-92
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    • 2016
  • Purpose - Purpose of this paper is to review and examine FTA of two countries, Korea and China, in terms of the investment aspects in bilateral FTA. Traditionally, there have been much mutual exchanges for international trade and investment between two countries for a long time. As the FTA has established between Korea and China in recent years, it can be expected that there will be more possibilities to take wide investment opportunities, which is mutual benefit to both countries in FTA era. Research design, data, and methodology - The methodology to be taken is to look into, first general economic situations and a brief look at FTA from each countries, and then to examine investment aspects in present and future between Korea and China. Results - The result examined in this research is that each country has been involved into mutual investment step by step, and it is also revealed that investment activities have been growing steadily as time goes by. Conclusions - The FTA between Korea and China has new chance and hope for mutual co-operation in relation to investment aspects of the FTA at the level of economic exchanges, which can fully utilize national resources of each country.

A Study on Development of Median Encroachment Accident Model (중앙선침범사고 예측모델의 개발에 관한 연구)

  • 하태준;박제진
    • Journal of Korean Society of Transportation
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    • v.19 no.5
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    • pp.109-117
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    • 2001
  • The median encroachment accident model proposed in this paper is the first step to develop cost-effective criteria about installing facilities preventing traffic accidents by median encroachment. This model consists of expected annual number of median encroachment on roadway and conditional probability to collide with vehicles on opposite lane after encroachment. Expected encroachment number is related to traffic volume and quote from a study of Hutchinson & Kennedy(1966). The probability of vehicle collision is composed of assumed headway distribution of opposite directional vehicles (negative exponential distribution), driving time of encroaching vehicle and Gap & Gap acceptance model. By using expected accident number yielded from the presented model, it will be able to calculate the benefit of reduced accident and to analyze the cost of installing facilities. Therefore this will help develop cost-effective criteria of what, to install in the median.

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Performance of Occupational Health Services by Type of Service : Cost Benefit Analysis (사업장 보건관리 사업의 형태별 수행성과 분석 -비용편익 분석을 중심으로-)

  • Cho, Tong Ran;Kim, Hwa Joong
    • Korean Journal of Occupational Health Nursing
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    • v.4
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    • pp.5-29
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    • 1995
  • Occupational health services in Korea have been operated as dual types : one is operated by occupational health care manager and the other is health care agency without their own personnel. The performance of occupational health service should be different due to the variety of characteristics of health care manager and workplace, qualification of health care manager. This study is to analyze performance of occupational health care services with a particular consideration of job performance shape and efficiency, based on comparing those two types of health care management to show on the basic data for the settlement of more qualitative health care management system at workplace. For this study, total 391 places in Seoul and Inchon city area ; 154 places (39.4%) managed by designated health care manager and 237 places (60.6%) by the agency with their commission are selected as research samples. Tools for data collection are questionnares that have been investigated during the period of 20 September 1993-20 December 1993. Those data are compared with percentiles, mean, standard deviation and B/C ratio using SPSS PC program. Conclusions observed from the tests and each comparison could be summerized as follows : 1. Occupational health care have been accomplished at workplaces with designated people than with agencies people, and coverage rate of the occupational health care services has differences, due to management types. The reason of these results is due to visit only one or two times monthly by the agencies, while their own health care manager obsess, at the workplaces all the times. 2. Most of the expense for environmental control of all health care services expenditures shows that there is almost no fundamental improvement because more expenses are needed for procuring personal protective equipment and measuring work environment instead of environmental improvement. 3. It is investigated how much the cost of occupational health care services needs per worker, and calculated how much the cost needs per service hour per worker. The results from this show that the cost of occupational health services at workplaces with their own managers used less than the cost of health care agencies, eventually the former gives better services with less cost than the latter. 4. Benefit/Cost ratio is also produced by total benefit/total cost. The result from the above way reads 4.57 as a whole, while their own manager having workplaces reads 4.82 and the agencies do l.56. Even if their own manager performing workplaces spent more cost, this system produces more benefit than the agencies management. 5. The B/C ratio for medical organization such as local clinic, health care center and pharmacy shows more than or equal to at the workplaces controlled by the agencies. It is inferred that benefit would be much less than the cost used, with so being inefficient. 6. It is assumed that the efficiency ratio of health education is equal to reduction rate of workers medical organization visit. Estimated reduction rate 5%, 10%, 15%, show that the efficiency ratio of health education have an effect on producing benefits. It is estimated that more benefit can be produced if more qualitative education will be provided for enhancing health care efficiency. 7. Results of this study cannot be generalized because there are large scale of deviation in case of workplaces with less than 300 full time workers, but B/C ratio reads 2.69 as a whole and 3.25 at workplaces with their own health care manager are higher than 1.63 at the workplaces manged by the agencies. Finally, all the benefit concerning health care services could not be quantified, measured and shown on the value of money. This is a reason that a considerable part of benefits are so underestimated. This is also thought that measurement tools should be developed for measuring benefits of health care services with a comprehensive quantification. in the future. It is also expected that efficiency of occupational health care services should be investigated using cost-effectiveness analysis.

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A Study on the Evaluation and Improvement of Building Maintenance System (건물관리제도의 평가 및 개선방안에 관한 연구)

  • Choi, Gul-Sung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.12 no.8
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    • pp.3785-3793
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    • 2011
  • The purpose of this study is to devise the overall problems (such as, rights and obligations between users, owners, managers regarding commercial rental buildings, benefit/benefit in return, and the relevant regulations and systems) of the building maintenance system through field surveys, expert interviews, and literature reviews. In this rapidly changing society, there are a huge amount of needs for various reforms which can meet the diversity in each area, so it is greatly important to choose priority for the best improvement for efficient and economic expenses due to limited time, human resources and budgets. In this regard, the study extracted the evaluation elements from the devised problems with the viewpoint of BSC, calculated the weights through application of AHP to the extracted evaluation elements, evaluated the difference between before/after application of weights, and set the status, which makes it possible to realize the effective solutions and the reasonable expenses for all parties. By doing so, it is expected that the building maintenance system which maximizes the value and guarantees the user's convenience with smart functions of the building, will be realized in the near future.

Effects of Technology-Based Self-Service (TBSS) Ordering and Delivery Service on Customer Satisfaction and Repurchasing Decision (TBSS를 이용한 주문, 배송서비스가 고객만족도 및 재구매 의도에 미치는 영향)

  • Park, Kwan-Soo;Choi, Hwa-Yeol
    • Management & Information Systems Review
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    • v.31 no.4
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    • pp.309-337
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    • 2012
  • This study aims to suggest theoretical models and background for the analysis of antecedent factors such as customer satisfaction and repurchasing decision by use of Technology-Based Self-Service (TBSS) delivery service. Specifically, the study have focused on the analysis that after the values of customer satisfaction and repurchasing decision were transformed into the values of Cost-Benefit analysis and then compared with the values of result benefits, process benefits, financial costs and non-financial costs. After analysis, it was found that ordering and delivery service by use of TBSS has a positive influence on customer satisfaction in terms of result benefits, process benefits, time savings and financial cost savings. In addition, it was confirmed that sub-category of customer satisfaction such as overall satisfaction, satisfaction for expectations, satisfaction for ideals has also a positive impact on repurchasing decision. It is expected that the results of this study will help analyze the customer satisfaction and repurchasing decision and provide a practical help for a business.

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