• 산업경영시스템학회지
• /
• 제39권4호
• /
• pp.15-25
• /
• 2016

SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

• 상하수도학회지
• /
• 제33권4호
• /
• pp.281-289
• /
• 2019

Desalination plants are generally studied with higher operating costs compared to water supply facilities. This study was conducted to reduce the cost of water production and to preserve existing water resources. Therefore, the purpose of this study was to utilize the control valves to increase maximum efficiency, thereby reducing the power of the pumps and operating costs. Specific energy consumption was shown to reduce the process operating power by up to 1.7 times from 6.17 to $3.55kWh/m^3$ based on seawater reverse osmosis 60 bar. In addition, the water intake process was divided into pre, inter, and post-according to the use method of blasting, and the water treatment process was divided into pre, inter, and post blending. In order to reduce power consumption, the blending process was combined to operate the facility, which resulted in the reduction of power consumption in the order post > pre-inter> inter blending.

• Journal of the Korean Data and Information Science Society
• /
• 제21권2호
• /
• pp.327-333
• /
• 2010

This study examines the impact different proxies of agency costs have on companies under different governance approaches. The two specific proxies of agency costs used include: (i) the ratio of operating expenses to annual sales; and (ii) the ratio of annual sales to total assets. Our study is based on earlier works of Ang et al. (2000) and Fleming et al. (2005). A comparison of results for small unlisted companies both in US and Australia indicate that agency cost measures have statistically: (1) different result under rule-based governance mechanisms; and (2) the same results under principle-based governance mechanisms. Our findings support the view that the effectiveness different measures of agency cost is dependent on country specific governance facto as well as on the governance approaches adopted. Our results offer insights to both practitioners and policy makers regarding the usefulness of different proxies of agency costs when companies adopt principle-based corporate governance approaches versus rule-based approaches.

• 산업경영시스템학회지
• /
• 제32권4호
• /
• pp.45-52
• /
• 2009

The objective of this was to improve a transportation cost relation between Central Distribution Centers(CDCs) and Regional Distribution Centers(RDCs), to control inventory cost concerning safety stock for each service level, by reviewing distribution steps connecting CDCs and RDCs under the price discount. It was also to examine and compare operating costs for the following two alternative suggestions for setting the service standard as a counter measure for a stock-out of the distribution network system management. First, provision by dispersing the safety stock to the CDCs and RDCs; and second, exclusive provision of the safety stock only to the RDCs. The cost comparison analysis was made for each category of purchase costs, regular transportation costs, express transportation costs, and inventory holding costs.

• KIEE International Transactions on Power Engineering
• /
• 제12A권1호
• /
• pp.31-35
• /
• 2002

This paper presents a new operation scheme of UPFC to minimize both generation costs and active power losses in a normal operation state of power system. In a normal operation, cost minimization is a matter of primary concern among operating objectives. This paper considers two kinds of costs, generation costs and transmission losses. The total generation cost of active powers can be minimized by optimal power flow, and active power losses in the transmission system can be also minimized by power flow control of UPFC incorporated with minimization of generation costs. In order to determine amounts of active power reference of each UPFC required for the cost minimization, an iterative optimization algorithm based on the power flow calculation using the decoupled UPFC model is proposed. For verification of the proposed method, intensive studies have been performed on a 3-unit 6-bus system equipped with a UPFC.

• 국제학술발표논문집
• /
• The 1th International Conference on Construction Engineering and Project Management
• /
• pp.437-446
• /
• 2005

Recently as people's values are changing from development phase into running stage after quality of life, so that the needs of environmentally friendly construction are gradually increasing. Also populace discontent about the pollution during construction process such as the noise and vibration caused by construction machinery is increasing. Even though it is impossible to eliminate the construction pollution fully, it is necessary to make efforts to reduce construction pollution to a minimum. In terms of construction site operating, the first possible step for solving these matters directly is that the necessary sum of expenses must be secured as the environmental management costs in the conceptual phase. However, in fact, the environmental management costs have not been secured in the budget. Generally it is the major reason not arising proper activities to prevent the pollution in the construction site. The purpose of this research is to suggest the efficient budgeting method regarding Environmental management costs to ensure the necessary sum of environmental management expenses. To provide an efficient budgeting method, interviews with the person in charge of environment management was conducted. 78 construction sites was surveyed and environmental management costs were analyzed through their historical data from the survey. According to the results of analysis, the ratio of environmental management costs is revealed 0.45% of construction cost as average comparing 0.2% of legal limit. And usually the environmental management cost was appropriated into the safety management budget. So it is needed to isolate environmental management budget securely and modify the ratio of Environmental conservation Costs in Construction Technology Management Act.

• 한국항해항만학회지
• /
• 제28권8호
• /
• pp.687-697
• /
• 2004

본 논문의 목적은 외항선사들의 정치적 노출정도를 측정하는 정치적 비용과 이와 관련이 있는 재무적 요인들 간의 관련성 유무를 다변량 회귀분석방법에 의하여 실증 분석함으로써 우리나라 해운산업의 정치적 비용 결정요인을 검증하는 데 있다. 회귀모형의 독립변수는 기업규모(매출액, 총자산, 시장점유율) 외에 해운산업의 특성을 보여주는 부채비율, 자본집약도, 영업이익률 및 해운위험으로서 매출액변동이다. 분석 결과 해운기업의 정치적 비용과 모든 규모변수는 유의적으로 정의 관련성이 있는 것으로 나타나고 있다. 또한 부채비율과 영업이익률은 해운산업의 정치적 비용을 결정하는 주요 요인으로 밝혀졌다.

• 대한교통학회지
• /
• 제28권5호
• /
• pp.43-54
• /
• 2010

본 연구에서는 현행 버스 서비스 평가체계를 보완하고 선행연구에 비해 합리적인 분석결과를 도출하기 위해 유익 유해산출물을 모두 반영한 수정 BCC 모형을 이용하여 2009년 서울시 113개 간선버스노선의 효율성을 추정하였다. 분석대상은 총 보유비와 총 가동비, 중앙차로 정류장수 비율과 타노선과의 중복길이를 사용하여 유익산출물인 총 승객수와 서비스 만족도 점수, 그리고 유해산출물인 CO2 배출량을 산출하는 형태로 상정하였다. 분석결과 유해산출물을 함께 반영한 모형이 유익산출물만을 반영한 모형에 비해 합리적인 결과를 도출하는 것으로 나타났다. 서울시 간선버스노선은 총 보유비와 총 가동비, 그리고 타노선과의 중복길이를 평균적으로 약 10% 감소할 수 있으며, 중앙차로 정류장수 비율은 약 160% 증가시킬 수 있는 것으로 분석되었다. 한편 효율성에 영향을 미치는 결정요인을 분석하기 위한 토빗회귀분석을 수행한 결과 총 보유비와 중앙차로 정류장수 비율이 통계적으로 유의미성을 확보하였다.

• 신재생에너지
• /
• 제3권4호
• /
• pp.31-37
• /
• 2007

Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HV AC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

• 대한설비공학회:학술대회논문집
• /
• 대한설비공학회 2009년도 하계학술발표대회 논문집
• /
• pp.64-69
• /
• 2009

Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HVAC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total greenhouse gas emissions than the alternative HVAC systems considered in this work.