• Journal of the Korea Society for Simulation
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• v.23 no.4
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• pp.51-64
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• 2014

Small and medium Enterprises (SMEs), which have a manufacturing method of small quantity batch production produce goods using a general-purpose equipment and attached auxiliary tools. Many previous studies have focused on finding the effective resource allocations for improving the firms' productivity. It is very important for SMEs to keep costs low in assigning jobs to each resource, because they should meet the future uncertain demand of consumers under the limited budget. Using the concept of salvage cost, this paper proposes how to effectively allocate the tasks to main resources in the production process. The salvage cost is defined that purchasing cost minus decrease in value by workload, the method considering this is expected to reduce total purchasing costs during business period. To validate the effect of the proposed method, we proceed the real case study targeting on S company, PCB manufacturer to compare purchase amounts and its costs between the allocation proposed based salvage cost and current allocation method of current S company. As a results, In short-term (3 year) business period, salvage allocation have remarkable superior outcome to existing method, but gradually have cancelled out the effects in long-term (8 year) plans. Unlike the cycle allocation method, there exists the idle-equipments in allocation based salvage value. we additionally analyze the profits with respect to rental strategy of them during business period.

• Journal of the Korean Institute of Navigation
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• v.4 no.2
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• pp.45-79
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• 1980

The aim of this paper is to analyze the mechanics of price formation in the tramp shipping. For the purpose of this study, the main characteristics of tramp freight rates and the market is examined, and a brief examination of the nature ofthe costs of operation is given which are essential for the understanding of the functioning of shipping firms as well as for the understanding of developments in the tramp freight market. The demand and supply relationships in the market is also analysed in detail. Tramp shipping is an industry that has a market which functions under conditions that are not dissimilar to the theoretical model of perfect competition. However, it does notmean that tramp shipping market is a perfectly competitive market. It is apparent that this realworld competitive system has its imperfections, which means that the market for tramp shipping is near to being a perfectly competitive market on an internaitonal scale and it is freight are therefore subjext to the laws of supply and demand. In theory, the minimum freight rate in the short term is that at which the lowest cost vessels will lay-up in preference to operating, and is equal to the variable costs minus lay-up costs; and this would imply that in all times except those of full employment for ships there is a tendency for newer low-cost, and, probably, faster vessels to be driving the older high-cost vessels in the breaker's yards. In this case, shipowners may be reluctant to lay-up their ships becasue of obligations to crews, or because they would lose credibility with shippers or financiers, or simply because of lost prestige. Mainly, however, the decision is made on strictly economic grounds. When, for example, the total operating costs minus the likely freight earnings are greater than the cost of taking the ship out of service, maintaining it, and recommissioning it, then a ship may be considered for laying-up; shipowners will, in other words, run the ships at freight earnings below operating costs by as much as the cost of laying them up. As described above, the freight rates fixed on the tramp shipping market are subject to the laws of supply and demand. In other words, the basic properties of supply and demand are of significance so far as price or rate fluctuations in the tramp freight market are concerned. In connection with the same of the demand for tramp shipping services, the following points should be brone in mind: (a) That the magnitude of demand for sea transport of dry cargoes in general and for tramp shipping services in particular is increasing in the long run. (b) That owning to external factors, the demand for tramp shipping services is capable of varying sharphy at a given going of time. (c) The demad for the industry's services tends to be price inelastic in the short run. On the other hand the demand for the services offered by the individual shipping firm tends as a rule to be infinitely price elastic. In the meantime, the properties of the supply of the tramp shipping facilities are that it cannot expand or contract in the short run. Also, that in the long run there is a time-lag between entrepreneurs' decision to expand their fleets and the actual time of delivery of the new vessels. Thus, supply is inelastic and not capable of responding to demand and price changes at a given period of time. In conclusion, it can be safely stated that short-run changes in freight rates are a direct result of variations in the magnitude of demand for tramp shipping facilities, whilest the average level of freight rates is brought down to relatively low levels over prolonged periods of time.

• Journal of Korean Society of Occupational and Environmental Hygiene
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• v.18 no.3
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• pp.239-247
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• 2008

Low back disorders (LBDs) have been the most common musculoskeletal problem in Korean workplaces. It affects many workers, and is associated with high costs to many companies as well as the individual, which can negatively influence even the quality of life of workers. The _evaluation of low back disorder risk associated with manual materials handling tasks can be performed using variety of ergonomic assessment tools such as National Institute for Occupational Safety and Health (NIOSH) Revised Lifting Equation (NLE), the Washington Administrative Code 296-62-0517 (WAC), the Snook Tables etc. But most of these tools provide limited information for choosing the most appropriate assessment method for a particular job and in finding out advantage and disadvantage of the methods, and few have been assessed for their predictive ability. The focus of this study was to _evaluate spinal loads in real time with lifting and pulling heavy cow leathers in variety of postures. Data for estimating mean trunk motions were collected as employees did their work at the job site, using the Lumbar Motion Monitor. Eight employees (2 males, 6 females) were selected in this study, in which the load weight and the vertical start and destination heights of the activity remained constant throughout the task. Variance components (three dimensional spaces) of mean trunk kinematic measures were estimated in a hierarchical design. They were used to compute velocity and acceleration of multiple employees performing the same task and to repetitive movements within a task. Therefore, a results of this study could be used as a quantitative, objective measure to design the workplace so that the risk of occupationally related low back disorder should be minimized.

• Journal of Digital Convergence
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• v.15 no.11
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• pp.167-174
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• 2017

These days, people distrust the accounting transparency of firms in Korea. It can .increase the capital costs and reduce profitability of firms. Auditors say that one of causes on the low grades of the accounting transparency is free contracts between auditors and firms. Firms want auditors take low audit fees. In principle, if auditors take low audit fees, they cannot input auditor resources to proper audit. However, there are not any empirical evidence about the relation between the audit fees dumping and the audit quality. This study defines dumping auditors if their audit fees are lower than the average of industries, and examines whether these auditors showed low audit qualities or not. As a result, firms which are audited by dumping auditors presented low abnormal accruals. We can interpret this result as that dumping auditors have low audit qualities. This result helps to make policies to improve the accounting transparency of firms.

• Journal of Biosystems Engineering
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• v.3 no.1
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• pp.64-76
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• 1978

A dimensional supply of petroleum fuels and increased competition for petroleum products has made the conservation of energy in grain drying an important cost and management factor. Research on solar grain drying is directed toward utilization of a renewable energy source as an alternative to petroleum fuels for drying. There are many technical and economic problems in accepting and adopting solor energy as a new energy source for grain drying. The purpose of this study are to assess the state of the art of solar grain drying and to find out the problems by reviewing literatures available. The results obtained may be summarized as follows; 1.It may be considered that the weather conditions in October of Korea was satisfactory for the forced natural air and solar heated air drying. 2. Solar energy is considered more applicable to low-temperature, In-storage drying systems than to high-temperature, high-speed drying systems. In-storage drying systems require low levels of heat input. The costs of collector systems to provide low temperature are considerably cheaper than for high-temperature systems. 3. Tubular type collector made of polyvinyle film seems to be the most practical at this stage of development and black-painted bare-plate collectors mounted on the outside of a typical, round, low-temperature drying bin can supply an appreciable amount of the energy efficiently needed for low-temperature grain drying at a lower cost. 4. All of the grains in solar drying tests was successfully dried up to safe storaged moisture levels without significant spoilage. Drying rates with solar system were faster than natural air drying systems, and usually a little slower than similar low-temperature electric drying systems. 5. Final grain moisture levels were lower in solar tests than in natural air tests, and generally higher than in tests with continuous heated air. 6. Savings of energy by use of solar collectors ranged from 23% to 55%, compared to the natural and electric ileated air drying systems. However, total drying cost effectiteness tvas not significant. Therefore, it is desirable that solar grain dry-ing sIFstems tvhich could be suitable for multiple heating purposes on farms shouldbe developed. 7. Supplemental heat with solar radiation did little to reduce air flow requirementsbut refuced drying time and increased the p\ulcornerobability of successful drying duringdrying poriod.

• Journal of Korean Society of Forest Science
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• v.95 no.4
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• pp.468-475
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• 2006

This study examined the economic effects of low tree-form culture, Cost-Benefit analysis was done based on additional costs and benefits from investment in low tree-form culture. In addition, this study analysed the sensitivity of profitability due to the changes in chestnut prices and wages. Investment in low tree-form culture was analysed to be profitable in Chungju, Gongju and Buyeo areas but in Jinju area. Sensitivity analysis of changes in prices and wages also showed that investment in low tree-form culture was economically feasible in Chungju, Gongju and Buyeo areas except for Jinju area.

• Journal of the Korean Home Economics Association
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• v.44 no.8
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• pp.79-87
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• 2006

The purpose of this study was to estimate the minimum monthly food cost for the low income population. The food consumption data of 9,311 individuals from the 2001 Korean National Health and Nutrition Survey was used. The monthly food cost was calculated using the Consumer Food Price Database for the year 2001 provided by the Public Health Nutrition Laboratory, Seoul National University. The low income population (n = 1,310) was characterized as older age, lower income, smaller family size, lower education level, and lower energy intake as compared with the total population (n = 8,001). The estimated food cost showed that men in the low income population needed 15% more money for purchasing food to maintain the energy intake level at the average energy intake level of men in the total population. It was also estimated that women in the low income population needed 9% more money for purchasing food to maintain the energy intake level at the average energy intake level of women in the total population. There were differences in monthly food costs depending on the sex and age, and family size. The results of this study could be used as basic information to establish minimum food cost for the low income population in Korea.

• Journal of Korean Tunnelling and Underground Space Association
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• v.22 no.2
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• pp.185-196
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• 2020

Low-pressure sodium lamps, high-pressure sodium lamps and fluorescent lamps etc are mainly used tunnel lighting in Rep. of Korea. Power rates for tunnel lighting are known to account for the highest percentage in the tunnel maintenance costs. Therefore, tunnel lights are being replaced by LED that have advantages such as low power consumption and longevity. To analysis effect of replacement low pressure sodium lamp with LED, illumination and monthly power usage for a year are investigated for 8 tunnels. Power usage for tunnel lighting is decreased by 26.1% to 59.6%, and illumination is increased by 34.1% to 293% replacing low pressure sodium lamp with LED.

• Journal of Korean Society for Geospatial Information Science
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• v.18 no.3
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• pp.75-81
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• 2010

Existing studies on the bicycle road were mostly for the promotion of bicycle road through the creation of bicycle road. However, as the gradually increase of bicycle users, it has been required service based on low carbon green growth in order to promote the use of bicycles which are green means of transportation. Analysis of existing bicycle use information is mainly based on calculating the amount of exercise, so the diverse needs of bicycle user does not accommodated. Therefore, in this study, it is proposed that methodology compute to reduce cost or amount of carbon dioxide, fuel, and processing costs of global warming by using bicycle. For this, a program is implemented to display bicycle use information provided in the form of GPX based on Google Earth in three-dimensional environment and to service based on low carbon, green growth. The developed program is compared with existing commercial software. Through this study, new services have been developed to carry out low carbon and green growth in terms of bicycle users, and it is considered that the services can be applied to devices such as smart phones.

• Journal of Adhesion and Interface
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• v.3 no.4
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• pp.44-52
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• 2002

Composite materials are created by combining two or more component to achieve desired properties which could not be obtained with the separate components. The use of reinforcing fillers, which can reduce material costs and improve certain properties, is increasing in thermoplastic polymer composites. Currently, various inorganic fillers such as talc, mica, clay, glass fiber and calcium carbonate are being incorporated into thermoplastic composites. Nevertheless, lignocellulose fibers have drawn attention due to their abundant availability, low cost and renewable nature. In recent, interest has grown in composites made from lignocellulose fiber in thermoplastic polymer matrices, particularly for low cost/high volume applications. In addition to high specific properties, lignocellulose fibers offer a number of benefits for lignocellulose fiber/thermoplastic polymer composites. These include low hardness, which minimize abrasion of the equipment during processing, relatively low density, biodegradability, and low cost on a unit-volume basis. In spite of the advantage mentioned above, the use of lignocellulose fibers in thermoplastic polymer composites has been plagued by difficulties in obtaining good dispersion and strong interfacial adhesion because lignocellulose fiber is hydrophilic and thermoplastic polymer is hydrophobic. The application of lignocellulose fibers as reinforcements in composite materials requires, just as for glass-fiber reinforced composites, a strong adhesion between the fiber and the matrix regardless of whether a traditional polymer matrix, a biodegradable polymer matrix or cement is used. Further this article gives a survey about physical and chemical treatment methods which improve the fiber matrix adhesion, their results and effects on the physical properties of composites. Coupling agents in lignocellulose fiber and polymer composites play a very important role in improving the compatibility and adhesion between polar lignocellulose fiber and non-polar polymeric matrices. In this article, we also review various kinds of coupling agent and interfacial mechanism or phenomena between lignocellulose fiber and thermoplastic polymer.