• Title/Summary/Keyword: Operation Expenses

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Financial Structural and Operational Characteristics and Management Decision-making Behavior of the Red-figured Hospitals (적자병원의 재무구조 및 운영적 특성과 경영의사결정 행태)

  • Hwang, In-Kyoung
    • Korea Journal of Hospital Management
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    • v.4 no.2
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    • pp.305-329
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    • 1999
  • Financial ratio indicators of the 46 sample hospitals provided by the Korea Health Industry Development Institute, together with the survey data responded by the 57 sample hospitals, were analysed to identify the characteristics of the red-figured hospitals' financial structure, financial operational efficiency and management decision-making behavior, The financial characteristics identified through the analysis include high dependency to liabilities, high salary expenses and overhead costs, low profitability of the unduly large amount of fixed assets, and low managerial efficieny of inventory. The hospitals, in face of the IMF economic impasse, took the necessary decision-making and counter measures to cut down salary expenses, to increase the number of patient and medical revenue, and to reduce investment to fixed assets. Based on these findings this study suggested that the hospitals should take more active cost containment measures, financial structural reorganization, and developoment of the strategies that can contribute to increase of the number of patient and medical revenue and that do not. require much capital funds.

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Utilization Condition and Effects of HANARO Traffic Card at Pusan Metropolitan City (부산광역시 하나로교통카드 이용실태 및 효과분석에 관한 연구)

  • Lee, W.G.;Go, S.S.;Bae, G.M.
    • Journal of Korean Port Research
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    • v.12 no.1
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    • pp.65-73
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    • 1998
  • Pusan Metropolitan City has developed 'HANARO Card' system. It is a sort of multi-function card systems which has devised to resolve many traffic problems, to improve public transportation services, to build advanced transit information systems, to encourage reasonable operation of the public transit companies, and to obtain basic informations for devising transportation policies. This study aims at reviewing the systems of 'HANARO Card', analysing the situation of usage of the card, and suggesting some issues for improving the system. Main finding is that the major effects of the introducing HANARO traffic card are convenience (to pay a charge) in using transit, public parking lots, city freeway toll for citizens, and saving in personnel expenses, maintenance expenses for buses, subway and taxi companies. It is also found that HANARO traffic card system needs to be expended to be compatible with other fields of economic activities.

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The study on Analysis of Influence factors on Items in Apartment House Maintenance Cost (공동주택 관리비 항목별 영향요인 분석 연구)

  • Lim, Nam-gi;Park, Chan-jeong;Jung, Sang-jin
    • Journal of the Korea Institute of Building Construction
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    • v.2 no.1
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    • pp.155-162
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    • 2002
  • In this research, I finally came to a conclusion analyzing the connection among managing of each items in management expenses, the size of each complex and stories, and the term of using. (1) In the managing cost regarding to the management manner, although the managing cost of self-governing management is less imposed than the one of commission management, there is slight difference between those Costs. And it is more important to consider the effectiveness of management than to emphasize reduction of management cost. (2) The higher the stories, the higher the managing cost of elevator per the unit area. It Is caused by the fact that the father the distance of the elevator operating, the higher the electric charges. (3) The third of one of total management cost goes to pay the personnel expenses. So I found that the effective management of the expenses is available to reduce management cost. (4) The higher the stones, the lower the cost of personnel expenses including the cleaner cost. (5) The sum of costs assigned in repairment and management increases in proportion to the term of using. The costs assigned in special repairment and management are interacting to each other. (6) To reduce the management cost, we have to cut down the personnel in security guard that occupies one third of total management cost with application to the joint security system and operation of the self-governing guard. Through this process, it will be easy to accomplish the rationalization of contract with an outside order. Because the improvement of management service is not only the responsibility of owner but also the one of dwellers. And it Is imperative to realize the importance of cooperation and trust between the owner and dwellers. And the establishment of effective managing system which has convenience and rationality must be settled without delay.

A Study on the Radio-Based Operation Procedures of Switch and Crossing at Branch Line (지선구간의 선로전환기 및 건널목 무선제어 운영절차 연구)

  • Kim, Young-Hoon;Choi, Won-Suk
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1269-1274
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    • 2011
  • To cut down the maintenance expenses at branch lines, the foreign developed countries have developed the low-cost signalling on low-density lines. These examples are FFB(FunkFahrBetrieb) Radio based train operation by German railways(Deutsche Bahn AG), ERTMS REGIONAL by Europe and LOCOPROL system using a GPS. Also, Korea is developing Information and Communication Technology based low-cost signalling on low-density lines. The characteristics of this system are directly controled switch and crossing by driver. For the purpose of this paper, we reviewed the business process for switch and crossing control. Specially, we compared and analysed both methods whether the driver takes control over the operation procedures of switch or the control message is carried by the command of the controller. And by utilizing the instrument of UML, I planned the switch according to the control authority and the operation procedures needed for the control of crossing.

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Exploring the Appropriate Operation Ratio on Hospital Revenue Cost and Profit

  • Kim, Yang-Kyun;Sung, Joo-Ho;Kang, Jung-Chul
    • Journal of the Korean Data and Information Science Society
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    • v.18 no.1
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    • pp.31-40
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    • 2007
  • Many previous researchers tried to analysis relationship between financial index of hospitals such as revenue, expenses, and profit and hospital outcome such as number of inpatient and outpatient or, between that financial index and hospital size including number of hospital beds. However, these studies did not find exact relationship between financial index and hospital efficiency and productivity. Therefore, purpose of the study explores exact relationship between hospital financial outcome and hospital efficiency and productivity using adjusted inpatient days concept from American Hospital Association. Through the empirical analysis, the researchers find that hospital profit has the U-shape quadratic function to operation ratio. 66.9% of operation ratio is changing point and hospitals with 55.8% through 75.0% of operation ration have experience deficit situation. Considering the hospital circumstance, Korean hospitals would be to maintain general hospital type with various specialty departments.

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Analysis on Expected Profit for the Effective Operation of Social Cooperative -Focusing on the Education Model of the Meteorological Field (사회적협동조합의 효율적 운영을 위한 기대수익 분석 -기상분야 교육모델을 중심으로)

  • Kim, In-Gyum;Kim, Hyu-Min;Ahn, Suk-Hee;Lee, Seung-Wook;Kim, Jeong-Yun;Lee, Ki-Kwang
    • The Journal of the Korea Contents Association
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    • v.15 no.12
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    • pp.483-492
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    • 2015
  • This study involved elementary schoolchildren in Busan Metropolitan city and assumed the foundation of social cooperative associations that provide education services for meteorological fields, then we analyzed expected profits in a year for successful operation of first year. Twelve variables relating to profits and expenses were derived, and we used the decision tree for analyzing optimal expected profits. Profit-related variables were lecture's fee per hour and price of textbooks. Expense-related variables were production costs for the textbooks, annual salary for a teacher, education costs for a teacher, developing costs for the textbooks, traveling expenses, rental fees, and operating costs. Besides, by adding education demands, the number of grades, and the number of teachers, we analyzed changes in expected profits, considering variability of profits and expenses. As a result, despite of expected lower demands, to increase price of textbooks and education costs per hour was of advantage to enhance expected profits. The reason is that the more demand, the more increased production costs for textbooks, which is because not to make enough profits to offset the increased expenses due to lowered price of textbooks and education costs. Considering the value of public interest for social cooperative associations, price determination only concerning increase in demands will be avoided.

A Study on the Integrated Operation of Product Certification and System Authentication (제품 인증과 시스템 인증의 통합운영에 대한 연구)

  • Choi, Weon-Yong;Rhee, Jong-Tae
    • IE interfaces
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    • v.16 no.4
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    • pp.496-506
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    • 2003
  • This study examines the background and necessity of the product certification (KS) and the system authentication (ISO 9000), and their characteristic so as to compare and analyze the possibility of interaction of product certification and system authentication. It tries to suggest an efficient operation system as an integrated management system and analyzes the certification case of K, a manufacturer of kitchen utensils. We believe that the study will help companies minimize their expenses and efforts to establish, operate, and maintain the corporate standard system. In addition, to effectively achieve our goal, we have also made a study of both literature and case and suggested technical guidance to get integrated management system certification. By these methods, we analyzed the effects and problems that come with the introduction and application of the integrated system of product certification and system authentication in order to set up a system to fit to the mechanism of Korean companies. Moreover, we have suggested the model of integrated operation and the benefits that come after acquiring certification.

Optimal Operation Scale of Hog Production for Farrow-to-Finish Farms

  • Huang, Y.H.;Lee, Y.P.;Yang, T.S.
    • Asian-Australasian Journal of Animal Sciences
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    • v.14 no.9
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    • pp.1326-1330
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    • 2001
  • This study analyzed the lowest production cost and the greatest profit to be obtained from marketing hogs to determine the optimal operation scale for family-owned farrow-to-finish farms. Data were collected from 39 farrow-to-finish farms with 500 to 5,000 inventories for two consecutive years, and treated with GLM and quadratic regression models using the REG procedure. Analysis results indicated that farms capable of marketing 2,933 and 3,286 hogs annually had the lowest production cost and the greatest profit, respectively. Further analysis attributed the lowest production cost or the highest return in farms with an optimal scale of 3,000 to a higher survival rate of the herd, as well as lower expenses in veterinary medicine, labor, utilities and fuel, transportation, and depreciation. A similar feed conversion efficiency was observed for all the farms studied. Obviously, the cost efficiencies were associated with the economy of the operation scale of hog production until it reached 3,000 hogs marketed annually for a family-run unit. Beyond the optimal scale of 3,000 hogs, good stockmanship was more difficult to maintain and the herd management deteriorated as increasing mortality confirms. It is conclude that, unless advanced management is applied, the operation scale should not expand beyond 3,000 hogs.

Motored wheel chair for upper limb disabled

  • Motohiro Tanaka;Yusuke Shimogama;Yuichiro Yokogawa;Takakazu Ishimatsu;Ung, Kang-Chul;Tsumoru Ochiai
    • 제어로봇시스템학회:학술대회논문집
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    • 2001.10a
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    • pp.89.4-89
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    • 2001
  • We propose an electric wheelchair that is suitable for the upper-limbs disabled with sufficient operability and low expenses. Features of this wheelchair, 1) By instating a simple mechanical module, existing electric wheelchairs can be readily converted to a special version for the upper-limbs disabled. 2) The electric wheelchair can be freely operated by motion of a head. 3) A vision system to assure safety operation by the disabled is introduced.

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A Structural Analysis on the Light Rail Vehicle Body with Composite Material (복합재료 경전철의 차체구조 해석)

  • 이영신;김재훈;이호철;길기남;박병준
    • Proceedings of the KSR Conference
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    • 1999.11a
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    • pp.437-446
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    • 1999
  • The structural behavior of the composite material light rail vehicle body are investigated. Composite material is very useful for light rail vehicle structure due to its high specific strength and lightweight characteristics. The main carbody is made of aluminum alloy. The side wall and roof with composite panels can reduce total vehicle weight about 2000kg. In addition, with the lower density of the foam, enhances lightness in the panel and to save the operation expenses. The finite element analysis code, ANSYS is used to evaluate the stability of the body structure under the various load conditions.

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