• Proceedings of the Safety Management and Science Conference
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• 2001.05a
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• pp.39-43
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• 2001

The existent system of management for Measurement of Safety Cost are not effective because of the data loss and time loss and occurrence of errors through manual calculation. Therefore, tile development of the software for measurement of safety cost can solve the problem through the systematic calculation for safety cost and converting the related data to database, and also can build the strategy of the investment of Safety cost through analysing and comparing with the past data in the database. As a part of development of the software of Measurement of Safety Cost which is appropriate for the domestic environment, this study is developing a software based on Noguji method, which is one of the methods of Measurement of Safety Cost, and to appraise the efficiency of the management of Measurement of Safety Cost we will implement and improve the software in the case of the domestic enterprises.

• Journal of the Korea Safety Management & Science
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• v.3 no.1
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• pp.1-10
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• 2001

The existent system of management for Measurement of Safety Cost are not effective because of the data loss and time loss and occurrence of errors through manual calculation. Therefore, the development of the software for measurement of safety cost can solve the problem through the systematic calculation for safety cost and converting the related data to database, and also can build the strategy of the investment of Safety cost through analysing and comparing with the past data in the database. As a part of development of the software of Measurement of Safety Cost which is appropriate for the domestic environment, this study is developing a software based on Noguji method, which is one of the methods of Measurement of Safety Cost, and to appraise the efficiency of the management of Measurement of Safety Cost we will implement and improve the software in the case of the domestic enterprises.

• Proceedings of the KIEE Conference
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• 1998.07c
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• pp.915-917
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• 1998

Optimal routing of distribution networks can be attained by keeping the line power capacity limit to handle load requirements, acceptable voltage at customer loads, and the reliability indices such as SAIFI, SAIDI, CAIDI, and ASAI limits. This method is composed of optimal loss reduction and optimal reliability cost reduction. The former is solved relating to the conductor resistance of all alternative routes, and the latter is solved relating to the failure rate and duration of each alternative route. The routing considering optimal loss only and both optimal loss and optimal reliability cost are compared in this paper. The results showed that reliability cost should be considered as well as loss reduction to achieve the optimal routing in the distribution networks.

• International Journal of Fuzzy Logic and Intelligent Systems
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• v.12 no.1
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• pp.6-14
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• 2012

All types of part-of-speech (POS) tagging errors have been equally treated by existing taggers. However, the errors are not equally important, since some errors affect the performance of subsequent natural language processing seriously while others do not. This paper aims to minimize these serious errors while retaining the overall performance of POS tagging. Two gradient loss functions are proposed to reflect the different types of errors. They are designed to assign a larger cost for serious errors and a smaller cost for minor errors. Through a series of experiments, it is shown that the classifier trained with the proposed loss functions not only reduces serious errors but also achieves slightly higher accuracy than ordinary classifiers.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.19 no.1
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• pp.40-43
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• 2005

This paper presents the minimization of the fuel cost by optimal allocation of P-Q generation in a three-bus sample system. Derivation of the system loss sensitivities by optimization technique is introduced. The loss sensitivities are substituted into the optimality conditions and the optimal P-Q allocation is computed to obtain the minimal fuel cost.

• Journal of the Korea Society of Computer and Information
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• v.20 no.9
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• pp.81-86
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• 2015

This paper suggests heuristic algorithm with linear time complexity to decide the normal and optimal point at minimum loss/maximum profit maximum shortest scheduling problem with additional loss cost and bonus profit cost. This algorithm computes only the earliest ending time for each node. Therefore, this algorithm can be get the critical path and project duration within O(n) time complexity and reduces the five steps of critical path method to one step. The proposed algorithm can be show the result more visually than linear programming and critical path method. For real experimental data, the proposed algorithm obtains the same solution as linear programming more quickly.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 1996.04a
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• pp.481-484
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• 1996

When logistics system is integrated with production system and marketing system, it takes a very important role of the business management. In general, measurement of logistics cost in logistics system uses the conventional cost assignment method. However the conventional method may result in the incorrect cost because the overhead cost may be incorrectly assigned to the products. Activity-Based Costing(ABC) was proposed as an alternative method which will distribute the overhead cost to each cost obeject more accurately. ABC assigns cost to activities based on the amounts of resources used by resource driver, and assigns cost to cost objects based on the amount of activities driver. This study proposes two heuristic algorithms. The first algorithm selects the best activity driver for each cost object by using correlation analysis. The best activity driver is the one that minimizes the sum of loss cost and measurement cost of activity driver. The second algorithm selects the best number of activities by using correlation analysis. The pair of activities with the highest correlation are combined into one if the saving of measurement cost is no less than the loss due to inaccurate distribution of overhead cost. In order to demonstrate the procedure and validity of the algorithms, Real data of one year from a paper manufacturer are used.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.3
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• pp.157-165
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• 2020

This paper estimates the optimum level of reserves in Vietnam based on the approach of reserves' cost-benefit and sovereign risk which is one of developing countries' characteristics. The cost of reserves is the opportunity cost when holding reserves. The benefit of reserves is the loss due to country's default in case that there is no reserves to finance external debt payment. The optimum reserves is found out by minimizing the total of opportunity cost and loss due to country's default with the probability of default. Through the usage of HP Filter method for calculating the loss due to country's default, ARDL regression for the risk premium model and lending rate of VND as proxy for opportunity cost together with the Vietnamese economic data in the period of 2005 - 2017, the empirical results show that the optimum reserves in Vietnam is almost higher than the actual reserves during the research period except the point of Q3/2008 and the last point of research period - Q4/2017. Therefore, Vietnam should continue to increase reserves for safety but Vietnam does not need pushing quickly the speed of increasing reserves. In addition, controlling Vietnamese optimum reserves is necessary to help the actual reserves become reasonable.

• Journal of the East Asian Society of Dietary Life
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• v.18 no.6
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• pp.1089-1098
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• 2008

The principal objective of this study was to reveal the relationship between the menu management indicators and menu performance indicators in contract-foodservice operations. Menu indicators differed according to the type of business, type of contract, type of serving, and number of service lines. In accordance with the results of our correlation analysis, we noted significant correlations between menu performance indicators and menu management indicators. The first of these was the correlation between the food cost ration and meal counts, food loss, and the use of prepared vegetables. The second of these was the correlation between food cost per meal and forecasting error, food loss, and inventory turnover. The last of these correlations was the negative correlation between menu CSI(customer satisfaction index) and the use of prepared vegetables. According to the results of our canonical correlation analysis, 2 significant functions were identified. In the first function, we noted significant correlations between meal counts, use of prepared vegetables, food loss, and food cost ratio. Additionally, we noted significant correlations between forecasting error, inventory turnover, food loss, and food cost per meal in the second function. Menu management indicators had no influence on customer satisfaction.

• Journal of Korean Society for Quality Management
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• v.18 no.1
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• pp.77-83
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• 1990

A model for the economic design of an pn control charts with an assignale cause is presented and the loss-cost function for control schemes using these charts is derived. By minimizing this function with respect to the three control variables, namely, the sample size, the sampling interval and acceptance number, the economically optimal control plan can be optained. The article shows what influence increasing or decreasing condition, according to changeability of the size of these factors, of expected cost can have on the economy when an attribute control chart is used.