• Journal of Applied Tourism Food and Beverage Management and Research
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• v.9
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• pp.213-242
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• 1998

Even in the best of economic environments, restaurants menu pricing is a serious concern to those in the food service industry. During times of rapid inflation, closer government regulation of compensation practices, and limited gains in worker productivity, the decisions regarding the proper charge for menu items become increasingly important. In addition to many operational and managerial factors, an important ingredient in the food service enterprise's success is its ability to meet the market by providing the value expected. The contribution-margin approach to pricing described above is familiar to cost accountants, who will also recognize that it admits of much elaboration before it can become a tool for day-to-day decisions. But the system probably has the greatest promise for multi-unit companies, where the cost benefit ratio of additional refinements improves in proportion to the number of operations. For example, the analysis required to specify the demand function better becomes less expensive if the findings can be applied to the pricing structure of numerous units. In any of its many adaptations, the essence of the integrated menu pricing system remains its ability to bring together the relevant revenues and costs with the operator's sense of the market and competitive environment to suggest prices that maximize profits.

• KIEE International Transactions on Power Engineering
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• v.3A no.1
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• pp.53-60
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• 2003

At present the electric power industry in Korea is going through a major restructuring process. The restructuring is motivated by a desire to reduce electricity supply costs, to attract new in-vestment in modern generation, transmission and distribution facilities, and to stimulate innovation in the wholesale production and the retail supply of electricity. The experience to date shows that restructuring of electric power industry in the US, however, is marred with a number of problematic market performances including unreasonably high prices at wholesale. This paper investigates the important role of Power Exchange for stabilizing electric power industry in transition by offering various financial products. These financial products are used for risk hedging by the market participants. The paper focuses on the risk hedging by an individual supplier and derives an explicit decision rule that incorporates the attitude towards the risks. In addition to providing the financial products for risk hedging by market participants, the Power Exchange plays another very important role of financial safeguard system. Because of its unique characteristics, the Power Exchange is well suited for financial surveillance where it performs the early detection of unsound financial (and to a large extent operational) practices on the part of any system users and protect the system integrity and the market participants from the consequences of a default in the clearing structure.

• KIEAE Journal
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• v.14 no.6
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• pp.53-58
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• 2014

Residental photovoltaic power system achieved remarkable results in distribution and activation through 'One Million Green Homes Program' led by the government. However, system maintenance and management after installation are relative unsatisfactory. Thus, problems, such as malfunctioning, decrease in efficiency, breakage, etc, are occurring in succession which means that expensive facilities are not used effectively. This study attempted to propose a more preferred alternative to the photovoltaic power system currently applied and installed to the housing by investigating and analyzing the said system, identifying management practices, and deriving problems. For this study, 48 houses equipped with photovoltaic systems in J City were chosen and they were analyzed after preliminary research and field investigation. The results revealed that most of the surveyed systems in J City are still in fairly good conditions. But the instruction and information regarding the appropriate operational management of those surveyed systems have not been delivered to the owner. Therefore, promotion education and related manual deployment should be done by the contractor. In terms of installation, inadequate system location and some warranty services are required to be improved, which are usually caused by a lack of careful planning and construction. In addition, the follow-up management needs to be provided about five years later after installation considering system deterioration.

• Journal of Korean Society on Water Environment
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• v.32 no.6
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• pp.537-545
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• 2016

In order to cope with the new and strict government regulations for turbid water discharge from construction sites, this study tested whether synthetic fiber filters can replace conventional best management practices. The filter efficiency was about 10 to 60% with a varying filter depth of 5 to 15cm, presuming extreme storm flow conditions to be in the range of 800 to 1500m/day of filtration rates. Fiber filter acts exactly like a granular filter, i.e. the separation efficiency is directly and inversely proportional to filter depth and rate, respectively. Based on the operational data, we suggested the Log-Log design relationship, which can be used to determine the filter depth and area. Compared to the widely used gravel filter which treats the turbid water at the construction site, about 20% higher efficiency was obtained under similar operating conditions. Cleaning the filter through a simple hand-washing method at the time of break-through, achieved about 90% soil recovery.

• Journal of Forest and Environmental Science
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• v.24 no.3
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• pp.119-126
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• 2008

Growth and yield prediction methods, ranging from whole-stand models to individual-tree models, have been developed for forest types managed for wood production. The resultant models are used for a host of purposes including inventory updating, management planning, evaluation of silvicultural alternatives, and harvest scheduling. Because of the large investment in developing growth and yield models for improved genotypes and silvicultural practices for loblolly pine (Pinus taeda) in the Southern United States, this region serves to illustrate approaches for modelling intensively managed forests. Analytical methods and computing power generally do not restrict development of reliable growth and yield models. However, long-term empirical observations on stand development, which are time consuming and expensive to obtain, often limit modelling efforts. Given that growth and yield models are used to project present volumes and to evaluate alternative treatment effects, data of both the inventory type and the experimental type are needed. Data for developing stand simulators for loblolly pine plantations have been obtained from a combination of permanent plots in operational forest stands and silvicultural experiments; these data collection efforts are described and summarized. Modelling is essential for integrating and synthesizing diverse information, identifying knowledge gaps, and making informed decisions. The questions being posed today are more complex than in the past, thus further accentuating the need for comprehensive models for stand development.

• Journal of the Korean Society for Library and Information Science
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• v.45 no.1
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• pp.395-415
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• 2011

This research intends to evaluate the validity and suitability of English reading programs at public children's libraries and provide their effective administration strategies. For this, the study investigated the current operational practices of public children's library programs. Further, it conducted the survey for parents at 'S Children's Library' in Seoul on their perceptions and satisfaction of the English reading programs. In addition, the study performed the survey of the elementary school students participating in the programs as well as the observations of their studies. Based on the results, some suggestions have been made to improve administration strategies for English reading programs.

• Journal of the Korean Society for Library and Information Science
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• v.34 no.1
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• pp.243-264
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• 2000

It is the aim of this study to attain general knowledge of Intellectual freedom which provides the philosophical principle of our library activities. Also, this study seeks to develop the principia of intellectual freedom as the policy and guide of public libraries in Korea. In order to research the operational circumstances of intellectual freedom In our public libraries, the researcher visited 20 public libraries in the Seoul district. The results clearly confirmed the self-censorship of the librarians in selecting materials. Also, it confirmed the reality of external interventions and restrictions as well as restrictive sources originating from internal ignorance and habitual practices in our public libraries. Ultimately, such results provided a solid basis for the aim of this study to develop intellectual freedom principle as the basic ideology for public library activities in Korea.

• Journal of Construction Engineering and Project Management
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• v.5 no.1
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• pp.1-10
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• 2015

In construction, stakeholders of extended project team play a key role in the overall project performance. Successful integration of stakeholders demands for good management practices at strategic, operational and project levels. Targets and measures to improve the stakeholder performance encourage the creativity and willingness of stakeholders of extended project team to develop the better ways to achieve the project objectives. This paper presents a generic descriptive method, showing how stakeholder's ability and influence impacts on project performance in the construction sector. The findings of a series of interviews with key informants are presented and the following main conclusion is drawn: improving project performance through stakeholder's contribution and measuring their performance can strengthen the project performance. This innovative approach which redefines the process of improving the project performance in construction projects will be of interest to those who intend to manage the projects in practice as well as to those who interested in advancing theory.

• Journal of Construction Engineering and Project Management
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• v.10 no.1
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• pp.1-15
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• 2020

With the increased dependence on subcontracting in the construction industry, the operational relationship between main contractors and subcontractor plays an imperative role in successful project delivery. Consequently, improving this relationship increases the probability of project success and enhancing project performance. A wide range of research has confirmed that partnering improves the main contractor-subcontractor relationship. Though the positive impact of partnering on project performance is supported by a plethora of evidence, the guiding theory on practical partnering process steps is limited. The study aimed at improving subcontracting in the construction industry through a partnering process relevant to Zambia guided by factors obtained from industry expects. Questionnaire surveys and Semi-structured interview were adopted to investigate the perception of construction industry professionals and academics towards the main contractor-subcontractor relationship along with improvement factors. The findings showed that the relationship between main contractors and subcontractors on most projects in Zambia is unsatisfactory therefore justifying attention. Top factors that can enhance the main contractor-subcontractor relationship were identified. From the factors deduced and guidelines on partnering best practices, a project partnering model was developed.

• Korean Journal of Agricultural and Forest Meteorology
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• v.10 no.3
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• pp.107-112
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• 2008

"Jeung-Bo-San-Lim-Gyeong-Je" (meaning "Revised Forest Management") has been well recognized as the informative document that introduces scientific knowledge and experiences of Korean ancestors regarding weather and climate. The tradition of Gwan-Cheon-Mang-Gi(i.e., empirical forecasting of short-term weather phenomena based on the status of cloud or sky) has been continuously utilized as a civilian weather forecasting method and even for very short-term weather prediction by operational forecasters these days. This agricultural technology textbook, published during the Great King Youngjo in Chosun-Dynasty, may be regarded as a poorly written document from the modern standpoint. Nonetheless, this study demonstrates that by and large the empirical knowledge contained in the book is indeed science based although their applications are limited to several hours for local forecasts in agricultural practices and daily living. For example, the wisdom of keeping water at an optimum level in a paddy field after sowing to prevent young seedlings from late frost damages was not at all different from the present technique of vinyl covered seedling nursery.