• Title/Summary/Keyword: Lower cost

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The Effect of Eco-friendly Characteristics on the Price of Office Buildings (친환경 특성이 오피스 빌딩 가격에 미치는 영향)

  • So, Soung Kue;Cho, Joo Hyun
    • Korea Real Estate Review
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    • v.28 no.2
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    • pp.49-64
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    • 2018
  • The purpose of this study is to analyze the effect of eco-friendly building certification grade on the price and cost of office in Seoul office building. For this purpose, multiple regression analysis is used to examine the prices of buildings. In order to identify the effect of environmental cost reduction of buildings with high eco-friendly certification, we also performed LCC (Life Cycle Cost) + LCA (Life Cycle Assessment) analysis. Results of our analysis show that office buildings with a higher level of eco-friendly certification are priced significantly higher. Through LCC analysis, it was also found that buildings with high levels of eco-friendly certification cost less than those with lower-level certification. Furthermore, it was confirmed that office buildings with higher-level environmental certification have total lower environmental load costs (TCA = LCC+LCA) than buildings without certification. According to the TCA analysis, buildings with a high level eco-certification generated lower social costs than buildings with lower-level or no certification.

Comparison Analysis of a Cost Price for Dental Prosthetic Restoration (치과기공물 원가계산의 비교분석)

  • Park, Myoung-Ho;Lee, Sang-Rak
    • Journal of Technologic Dentistry
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    • v.22 no.1
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    • pp.153-178
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    • 2000
  • Dental prosthetic restoration shows a big difference of cost per itemized unit depending on the size of dental labs, facility standard, manpower, and performance. Even the same dental labs have distinctive cost according to manufacturing performance, inflation, and the number of workers. However, in apite of such a change of circumstances, it appears to be quite stable in the relative cost per itemized unit unless the manufacturing trend of particular item changes dramatically. Therefore, if the relative number of cost per itemized unit, which is produced by costing, is indicated, we are able to utilize it effectively as a standard wage estimate. If the wage of dental prosthetic restoration is determined on the basis of cost, it is desirable that the relative value of cost and that of wage are identical. But, by means of comparative analysis, since the relative value of wage reveals mostly lower than that of cost depending on an item, it is considered that the wage is not reflecting the cost approproately. Due to the subdivision and the profession of medical technology, the new development of wage items for dental prosthetic restoration is required. This means that the need for the establishment of new wage items should be presented as the general concept of dental prothetic restroation changes and the level of pathologic technology increases. The current wage structure has differences in the degree of difficulty accroding to unit items and in the cost factors. Nevertheless, the differences are not reflected enough to the wage, so there is potential to lower the medical quality through the use of low-proce materials to avoid the increase of cost and the work process which skips a manufacturing step. The new items of dental prosthetic restoration also increases, but the development of proper numerical value system is not supported. Thus, the right proce is set mostly by applying to the wage of a similar item. Since most wages are established by an individual agreement between the dental clinic institute and the dental labs, the propriety of wage level lacks. Therefore, it is urgent to provide and promote the system of a fair work charge by a standard cost which can be applied to all medical institute.

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Quality-Sustainable Way to Business Excellence

  • Kondo, Yoshio
    • International Journal of Quality Innovation
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    • v.3 no.2
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    • pp.1-12
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    • 2002
  • Quality is distinguished from the other important management indicators, cost and profitability, by the features of its far longer history and of common concern to both manufacturer and customer. We may say from this that quality has a far more human aspect than either cost or profitability. We stress the importance of establishing “quality culture.” But we do not commonly use the terms of “cost culture” or “productivity culture.”In addition, we know from our experiences that improving quality by creative methods can lead to lower cost and higher productivity, although the converse is not necessarily true. In the Maslow's hierarchy of human needs, it is known that the character of human needs changes from extrinsic and material ones at lower levels to intrinsic and mental or spiritual ones at higher levels. We know from our experience that employee satisfaction is closely linked with quality, which is of more human nature and can further be deployed into the detailed elements of quality. The leaders and managers should positively display leadership and respond to the efforts of the subordinates. Without these managerial leadership and efforts, it is almost impossible to provide essential and true customer satisfaction. They are the indispensable elements for business excellence.

A study on the relationship between proprietary information cost and the quality of disclosure

  • Kim, Ki Beom;Lee, Han Geun
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.3
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    • pp.270-275
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    • 2022
  • Examining whether the relationship between proprietary information cost and management's disclosure decision is also valid for domestic companies is expected to provide meaningful implications for investors and regulatory authorities. However, there are no domestic studies related to proprietary information costs so far. This study examines whether managers tend to lower the disclosure level at their discretion in consideration of proprietary information costs. This study used the measurement quality of disclosure to examine whether managers tend to lower the disclosure level at their discretion in consideration of proprietary information costs. As a result of empirical analysis, it was confirmed that there is a negative relationship between proprietary information cost and the quality of disclosure. This suggests that management tends to make disclosure decisions in consideration of not only the benefits of disclosure but also proprietary information costs resulting from disclosure in order to maximize corporate value. These findings are expected to have significant implications for investors and related policy authorities.

Workforce Entry Preparers' Post-College Housing Expectations and Perception of Housing Cost Burden (예비 사회진출자의 졸업 후 주거에 대한 기대 및 주거비 부담에 대한 인식)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.24 no.4
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    • pp.29-37
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    • 2013
  • The purpose of this study was to explore college students' expectations on post-college housing and sources of finance to afford housing costs; and perception of housing cost burden. Between May 28, 2012, and June 17, 2012, a questionnaire survey was conducted to undergraduate students in university-A located in non-capital region and 465 useable responses were collected. Major findings are as follows: (1) About 60% of respondents expected to live apart from their parents or relatives within two years from college graduation; (2) Majority of respondents who expected to live apart from their parents or relatives expected to rent housing units and compact non-traditional housing types such as studio units; (3) Major source of finance the respondents expected to afford post-college housing costs was financial supports from their parents and families; (4) Housing cost burden were perceived to have influence even on job decision and respondents with lower parents' income perceived housing cost burden more influential; and (5) In spite of respondents' low financial independence to afford post-college housing costs, finding housing units in areas with relatively lower housing costs seemed not to be an important consideration when choosing post-college housing.

HTSC and FH HTSC: XOR-based Codes to Reduce Access Latency in Distributed Storage Systems

  • Shuai, Qiqi;Li, Victor O.K.
    • Journal of Communications and Networks
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    • v.17 no.6
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    • pp.582-591
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    • 2015
  • A massive distributed storage system is the foundation for big data operations. Access latency performance is a key metric in distributed storage systems since it greatly impacts user experience while existing codes mainly focus on improving performance such as storage overhead and repair cost. By generating parity nodes from parity nodes, in this paper we design new XOR-based erasure codes hierarchical tree structure code (HTSC) and high failure tolerant HTSC (FH HTSC) to reduce access latency in distributed storage systems. By comparing with other popular and representative codes, we show that, under the same repair cost, HTSC and FH HTSC codes can reduce access latency while maintaining favorable performance in other metrics. In particular, under the same repair cost, FH HTSC can achieve lower access latency, higher or equal failure tolerance and lower computation cost compared with the representative codes while enjoying similar storage overhead. Accordingly, FH HTSC is a superior choice for applications requiring low access latency and outstanding failure tolerance capability at the same time.

Estimation of Food Cost for Low Income Families Using Food Consumption Data of the 2001 Korean National Health and Nutrition Survey (2001 국민건강.영양조사 자료를 이용한 빈곤층 가구의 식료품비 추정)

  • Noh, Min-Young;Shim, Jae-Eun;Joung, Hyo-Jee;Lee, In-Hee;Ryu, Jeoung-Soon;Paik, Hee-Young
    • 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.

Effect of Heifer Frame Score on Growth, Fertility, and Economics

  • Senturklu, S.;Landblom, D.G.;Perry, G.A.;Petry, T.
    • Asian-Australasian Journal of Animal Sciences
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    • v.28 no.1
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    • pp.69-78
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    • 2015
  • A non-traditional forage-based protocol was employed to evaluate replacement heifer growth, fertility, and economics between small frame (SF, 3.50; n = 50) and large frame (LF, 5.56; n = 50) heifers using three increasing gain growth phases. Preceding an 85 d growing-breeding period (Phase 3; P3) the heifers were managed as a common group for Phases 1 and 2 (P1 and P2). During P1, heifers grazed common fields of unharvested corn and corn residue (total digestible nutrients [TDN] 56%) with supplemental hay. For P2, heifers grazed early spring crested wheatgrass pasture (CWG; TDN 62%) that was followed by the final P3 drylot growing and breeding period (TDN 68%). Small frame heifers were lighter at the end of P1 in May and at the start of P3 breeding in August (p = 0.0002). Percent of mature body weight (BW) at the end of P1 (209 d) was 48.7% and 46.8%, respectively, for the SF and LF heifers and the percent pubertal was lower for SF than for LF heifers (18.0% vs 40.0%; p = 0.02). At breeding initiation (P3), the percentage of mature BW was 57.8 and 57.2 and the percentage pubertal was 90.0 and 96.0 (p = 0.07) for the SF and LF heifers, respectively; a 5-fold increase for SF heifers. Breeding cycle pregnancy on days 21, 42, and 63, and total percent pregnant did not differ (p>0.10). In drylot, SF heifer dry matter intake (DMI) was 20.1% less (p = 0.001) and feed cost/d was 20.3% lower (p = 0.001), but feed cost/kg of gain did not differ between SF and LF heifers (p = 0.41). Economically important live animal measurements for muscling were measured in May and at the end of the study in October. SF heifers had greater L. dorsi muscle area per unit of BW than LF heifers (p = 0.03). Small frame heifer value was lower at weaning (p = 0.005) and the non-pregnant ending heifer value was lower for SF heifers than for the LF heifers (p = 0.005). However, the total development cost was lower for SF heifers (p = 0.001) and the net cost per pregnant heifer, after accounting for the sale of non-pregnant heifers, was lower for SF heifers (p = 0.004). These data suggest that high breeding efficiency can be attained among March-April born SF and LF virgin heifers when transitioned to a more favorable May-June calving period through the strategic use of grazed and harvested forages resulting in a lower net cost per pregnant SF heifer.

A Study on the Analysis of Quality Cost in the Man-Machine System (제조산업에서의 인간-기계시스템과 관연된 품질비용분석에 관한 연구)

  • 김형준
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.155-159
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    • 1995
  • For the relationship between conformance cost and the individual elements of non-conformance, an analysis was made of the relationship between inspection cost and training cost and scrap cost. As a result it was explained that there was all a positive correlation between training cost and scrap cost, and between inspection cost and scrap cost. Like this, training and inspection cost and scrap cost have a positive correlation. Judging from the fact that the coefficient of inspection cost is lower than that of training cost in the comparison of the coefficient of each cost, it can be analyzed that the change in scrap cost is influenced by the change in training cost more greatly than the change in inspection cost. If doing so, it can be interpreted that scrap cost and rework cost do not still decrease in spite of increasing in education and training cost and prevention cost. This result may represent the problem as to whether education and training cost is effectively expended for prevention activity. Accordingly, to cope with this situation, it is thought that scrap cost should be cut by establishing the effective prevention measure for causing the increase of scrap cost.

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Female-Heads' Employment and Household Economic Status of the Single-Mother Households (편모가계 여성가장의 취업 및 가계의 경제상태 : 양부모 가계와의 비교 분석)

  • 이성림
    • Journal of Families and Better Life
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    • v.22 no.1
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    • pp.169-179
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    • 2004
  • This study investigated female-head's employment and household economic status of the single-mother households compared to those in the two-parent households using the data from the Korean Labor and Income Panel Study. Major findings are: first, female-heads showed lower educational attainment, lower labor force participation rate, lower occupational status, and lower wage rates than male-heads; second, the level of household income was as 1.3 times as the Minimum Living Cost and the level of household expenditure was close to the Minimum Living Cost; third, one-thirds of single-mother households were in poverty. Based on the results, the implications to public policy were suggested.