• Title/Summary/Keyword: Production Costs Improvement

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Cost Distribution Strategies in the Film Industry: the Simplex Method (영화의 유통전략에 대한 연구: 심플렉스 해법을 중심으로)

  • Hwang, Hee-Joong
    • Journal of Distribution Science
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    • v.14 no.10
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    • pp.147-152
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    • 2016
  • Purpose - High quality films are affected by both the production stage and various variables such as the size of the movie investment and marketing that changes consumers' perceptions. Consumer preferences should be recognized first to ensure that the movie is successful. If a film is produced without pre-investigation and analysis of consumer demand and taste, the probability of success will be low. This study investigates the balance of production costs, marketing costs, and profits using game theory, suggesting an optimization strategy using the simplex method of linear programming. Research design, data, and methodology - Before the release of the movie, initial demand is assumed to be driven largely by marketing costs. In the next phase, demand is assumed to be driven purely by a movie's production cost and quality, which might also further determine consumer demand. Thus, it is essential to determine how to distribute pure production costs and other costs (marketing) in a limited movie production budget. Moreover, it should be taken into account how to optimally distribute under the assumption that the audience and production company's input resources are limited. This research simplifies the assumptions for large-scale and relatively small-scale movie investments and examines how movie distribution participant profits differ when each cost is invested differently. Results - When first movers or market leaders have to choose both quality and marketing, it has been proven that pursuing a strategy choosing only one is more likely than choosing both. In this situation, market leaders should maximize marketing costs under the premise that market leaders will not lag their quality behind the quality of second movers. Additionally, focusing on movie marketing that produces a quick effect while ceding creative activity to increase movie quality is a natural outcome in the movie distribution environment since a cooperative strategy between market competitors is not feasible. Conclusions - Government film development policy should ignore quality competition between movie production companies and focus on preventing marketing competition. If movie production companies focus on movie production quality improvement then a creative competition would ensue.

Value Chain Analysis of the Olive Flounder Paralichthys olivaceus Aquaculture Industry (넙치(Paralichthys olivaceus) 양식산업의 가치사슬 분석)

  • Nam Lee Kim;Hye Seong Kim;Do Hoon Kim;Nam Su Lee;Shin Kwon Kim;Byung Hwa Min
    • Korean Journal of Fisheries and Aquatic Sciences
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    • v.56 no.6
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    • pp.930-935
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    • 2023
  • This study aimed to analyze the structure of the value chain of the olive flounder aquaculture industry to increase the value of this industry. Based on the value chain theory, olive flounder aquaculture industry activities were classified as primary and support activities. The primary activities included seed production, fish production, producer distribution, consumer distribution, and consumption. The support activities were production infrastructure, organization and specialization, R&D, and government policy. A survey was conducted on the costs of seed and fish production in the primary activities to investigate the business structure, and the distribution structure was analyzed to examine distribution costs and margins. In the support activities, the recent trends in R&D and government policy were mainly examined, based on which, a measure to reduce costs and maximize profits was suggested. It is necessary to reduce costs across the production processes by improving seed quality and reducing labor, feed, and management costs, which are strongly associated with support activities. Therefore, lowering costs will be possible in the olive flounder aquaculture industry when R&D outcomes, such as species development, feed quality improvement, and aquaculture system development, are stably diffused and applied in tandem with government policy regarding the industry.

A Study on the Effect of Applying Accounting Information System to Improve Production Costs (제조원가개선을 위한 회계정보시스템 적용 효과에 대한 연구)

  • Lee, Ji-Young;Kim, Kyung-Ihl
    • Journal of Convergence for Information Technology
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    • v.7 no.4
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    • pp.215-220
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    • 2017
  • The purpose of this study is to investigate the effect of application of accounting information system on the manufacturing cost improvement of domestic small and medium - sized manufacturing companies. For this study, we conducted an empirical study on the accounting officers of small and medium-sized manufacturing companies in Korea. According to the results of the study, companies use accounting information system to understand the variation of manufacturing cost much and show positive effect. This study will contribute to improving the manufacturing cost of domestic small and medium - sized manufacturing companies by increasing the efficiency of accounting information system.

A study about logistics costs reduction and improving work safety by way of stocking cart improvement and information sharing plan adopting the SCM theory (SCM 개념의 통합 정보공유 계획과 적재대차 개선을 통한 물류비 절감방안 및 작업안전성 개선에 대한 연구)

  • YANG DOOJIN;LEE CHANGHO;Lee Gong-Seop
    • Proceedings of the Safety Management and Science Conference
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    • 2005.05a
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    • pp.225-230
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    • 2005
  • A study is for the approach that we could reduce the logistics costs through uprising the efficiency, complying to the demand in time, stock management based on the general production plan in the point of SCM. We will take following steps to get the goal. First, we will overview the physical distribution expenses annually. Second, will find the main cause of optimal load loss by improper container and lack of delivery flexibility to the demand. Third, the goal will be inferred through the fast information share based on organic relationship, the establishment of general production plan, the improvement of stock management plan. By way of this process, it can be accomplished expense reduction as well as flexible establishment of the reduction of worker's load.

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A study about logistics costs reduction and improving work safety by way of stocking cart improvement and information sharing plan adopting the SCM theory (SCM 개념의 통합 정보공유 계획과 적재대차 개선을 통한 물류비 절감방안 및 작업안전성 개선에 대한 연구)

  • Yang Doo Jin;Lee Chang Ho
    • Journal of the Korea Safety Management & Science
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    • v.7 no.2
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    • pp.41-56
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    • 2005
  • A study is for the approach that we could reduce the logistics costs through uprising the efficiency, complying to the demand in time, stock management based on the general production plan in the point of SCM. We will take following steps to get the goal. First, we will overview the physical distribution expenses annually. Second, will find the main cause of optimal load loss by improper container and lack of delivery flexibility to the demand. Third, the goal will be inferred through the fast information share based on organic relationship, the establishment of general production plan, the improvement of stock management plan. By way of this process, it can be accomplished expense reduction as well as flexible establishment of the reduction of worker's load.

Implementation of Real-time Integrated Platform for Producing Food Packaging Container

  • Kim, Chigon;Park, Jong-Youel;Park, Dea-Woo
    • International Journal of Internet, Broadcasting and Communication
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    • v.13 no.1
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    • pp.194-200
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    • 2021
  • This study proposes a plan to construct an integrated platform that reduces manufacturing costs and efficiently produce by integrating the systems of main producers, production subcontractors, and raw material subcontractors for the production of food packaging containers. The production plan of food packaging containers and raw materials is established in real time between the main producers, production subcontractors, and raw material subcontractors in consideration of the demand characteristics of each product. It establishes basic information that all processes from the production planning stage to the forwarding stage of the product are linked to each other. The progress of each producer of interlinked processes is shared in real-time to improve productivity and quality of food packaging containers and raw materials and reduce manufacturing costs. By monitoring the system of the main producer and the production subcontractor in real time, the production of food packaging containers is performed in a timely manner, thereby improving productivity. The application of the plan-do-check-action (PDCA) process, which includes planning, execution, evaluation and improvement in the production operation processes of the main producer, production subcontractor and raw material subcontractor, enables improved production compliance rate. The contents of the main producers, production subcontractors, and raw material subcontractors are managed in real time, then a converged production management system is established through the platform proposed in this study to ensure timely supply and demand of raw materials without delay in ordering.

Mechanized tunnels lining prefabricated segments production methods

  • Elaheh Banihashemigargari;Amir H. Rezaeifarei
    • Geomechanics and Engineering
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    • v.32 no.5
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    • pp.503-512
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    • 2023
  • In tunneling projects, a significant part of the costs is spent on segment production. By more economically producing, the cost of tunnel construction can be greatly reduced, especially in long and large-diameter tunnels. In the present study, the effect of using the Carousel method in the improvement of the production system performance compared to the conventional Static system has been studied. To carry out the research, a quantitative comparison of cost and production time was carried out for two production methods using the available documentation. The opinions of experts have been obtained using questionnaires and qualitative comparison of cost, time and production quality was done by implementation of statistical analysis. The SPSS software and the univariate t-test were used to analyze the questionnaires. According to the results of statistical analysis with SPSS, the use of the Carousel method will reduce production time and costs along with increasing manufacturing quality. According to the documentation analysis, the Carousel method reduces the cost of production by almost 30% and leads to a reduction of the production time to approximately 40% of the Static moulds system. The Carousel method has a higher production rate, efficiency, and better performance. Research into quantifying the benefits of Carousel method in the production system performance is very limited. This comparison is based on real information from the under construction Tabriz Metro project. This article can be very helpful in choosing the best production method.

A study on reduction of unsuitable products and productivity through the analysis on the process (공정분석을 통한 부적합품 감소와 생산성 향상 연구)

  • Ki, Young-Chan;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.18 no.4
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    • pp.171-177
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    • 2016
  • The goals of enterprises are to use resources efficiently, minimize the costs or reduce unsuitable products with efficient process or production environment and take competitive advantages through efforts such as proper supply of good products, etc. so as to satisfy diversified customers and survive in rough competition. To reduce production costs, it's inevitable to make unsuitable products during the production in manufacturing process. Therefore, this researcher grasped LED assembly process and drew the results of productivity improvement through process analysis so as to improve productivity by process anlaysis.

The Study of Optimal Performance Improvement Method for Aircraft of Various Variants within the Same Type (다양한 형상의 동일 기종 항공기에 대한 성능개량 최적 구현 방안 연구)

  • Kim, Youngil;Ahn, Seungbeom;Choi, Myeongseok
    • Journal of the Korea Institute of Military Science and Technology
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    • v.25 no.3
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    • pp.311-320
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    • 2022
  • In this paper, we studied the optimal method of improving performance for aircraft having various variants within the same type. The study defined configuration of an entire fleet of aircraft being subject to a performance improvement program. And selected the most complicated aircraft configuration among them as a Standard Aircraft for modification by according to the proposed Aircraft Selection Process for developing an optimal Aircraft Performance Improvement Process. Based on the selected the Standard Aircraft, drew a system integration design result and carried out Evaluation Test and obtained Airworthiness Certification. Created the database with the design data of the Standard Aircraft, Evaluation Test, and Airworthiness Certification results, and applied it to variants of aircraft to complete the performance improvement program with optimized schedules and costs. By applying the proposed method to IFF performance improvement program, drew optimal system integration design and completed the program with minimized schedule.

Effects of Competitiveness Improvement Measures on Red-pepper and Garlic (고추, 마늘의 경쟁력제고사업 효과 분석)

  • Hong, Seungjee;Kim, Byung-Ryul
    • Korean Journal of Agricultural Science
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    • v.33 no.1
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    • pp.57-66
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    • 2006
  • This study attempts to investigate the possible extent that main spicy vegetables' competitiveness can be improved through various measures. More widely open the agricultural market becomes, more important enhancing the competitiveness of domestic agricultural products is especially in high tariff products such as red-pepper and garlic. Up to date, numerous measures have been applied to those products for enhancing the competitiveness by government, regional agencies, and producer's organizations. However, there is few studies about how much the competitiveness can be improved as a whole from implementing the diverse methods. Following the results, the competitiveness of red-pepper and garlic can be improved up to 70% and 50% respectively by reducing production costs.

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