• Title/Summary/Keyword: Profit Model

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A Business Planning Process Model to Develope Successful Housing Project (개발형 주택건설사업의 성공적 수행 위한 사업 기획 업무프로세스 모델 연구)

  • Park Chan Woo;Kim Kyung-Rai
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.245-250
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    • 2001
  • Nowadays, there has been extreme competition due to market reduction in the domestic construction industry. In this situation, Korean construction companies are focused in the area of planning development housing project, which should maximize profit for a project. The most important step in this project is the business planning stage which judge whether it could come true or not. Each company has its own planning process model, but there hasn't been any standard model for the business planning process. To solve this problem in Korean construction companies, this study identifies the existing business planning process in the domestic construction companies finds out its problems, and suggests solutions for thorn. And Finally a business planning process model is proposed for success in development housing projects.

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Moderating effects of charging on an expanded technology acceptance model in mobile service (모바일 서비스에서 확장된 기술수용모형을 활용한 유·무료의 조절효과 분석)

  • Kim, Jinmin;Kim, Jaeyoung
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.14 no.4
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    • pp.229-239
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    • 2018
  • In this paper, we propose a strategy of charging by analyzing the difference of path coefficient according to whether consumers are free or not, rather than presenting strategies for charging. Mobile devices have become so popular that they are called necessities. Companies have to adapt to the mobile environment and respond to the situation, and have to expand market opportunities strategically. In this study, we extend the technology acceptance model to analyze the incentives of consumers' behavior by analyzing the difference in the effect consumers perceive as a moderating variable, whether paid or free. Efforts to maximize company's inherent profit continue, and in particular, charging is a strategy that all companies should pursue in the mobile environments. It is necessary to grasp the degree of the consumer's response to free and charge. The model of satisfaction with the continuous use and the word-of-mouth intention, which is the behavior intention, is presented by adding parameters of satisfaction to the technology acceptance model. In addition, we try to derive implications by analyzing the influence of moderating effects of whether free or not.

A Study on Public Interest-based Technology Valuation Models in Water Resources Field (수자원 분야 공익형 기술가치평가 시스템에 대한 연구)

  • Ryu, Seung-Mi;Sung, Tae-Eung
    • Journal of Intelligence and Information Systems
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    • v.24 no.3
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    • pp.177-198
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    • 2018
  • Recently, as economic property it has become necessary to acquire and utilize the framework for water resource measurement and performance management as the property of water resources changes to hold "public property". To date, the evaluation of water technology has been carried out by feasibility study analysis or technology assessment based on net present value (NPV) or benefit-to-cost (B/C) effect, however it is not yet systemized in terms of valuation models to objectively assess an economic value of technology-based business to receive diffusion and feedback of research outcomes. Therefore, K-water (known as a government-supported public company in Korea) company feels the necessity to establish a technology valuation framework suitable for technical characteristics of water resources fields in charge and verify an exemplified case applied to the technology. The K-water evaluation technology applied to this study, as a public interest goods, can be used as a tool to measure the value and achievement contributed to society and to manage them. Therefore, by calculating the value in which the subject technology contributed to the entire society as a public resource, we make use of it as a basis information for the advertising medium of performance on the influence effect of the benefits or the necessity of cost input, and then secure the legitimacy for large-scale R&D cost input in terms of the characteristics of public technology. Hence, K-water company, one of the public corporation in Korea which deals with public goods of 'water resources', will be able to establish a commercialization strategy for business operation and prepare for a basis for the performance calculation of input R&D cost. In this study, K-water has developed a web-based technology valuation model for public interest type water resources based on the technology evaluation system that is suitable for the characteristics of a technology in water resources fields. In particular, by utilizing the evaluation methodology of the Institute of Advanced Industrial Science and Technology (AIST) in Japan to match the expense items to the expense accounts based on the related benefit items, we proposed the so-called 'K-water's proprietary model' which involves the 'cost-benefit' approach and the FCF (Free Cash Flow), and ultimately led to build a pipeline on the K-water research performance management system and then verify the practical case of a technology related to "desalination". We analyze the embedded design logic and evaluation process of web-based valuation system that reflects characteristics of water resources technology, reference information and database(D/B)-associated logic for each model to calculate public interest-based and profit-based technology values in technology integrated management system. We review the hybrid evaluation module that reflects the quantitative index of the qualitative evaluation indices reflecting the unique characteristics of water resources and the visualized user-interface (UI) of the actual web-based evaluation, which both are appended for calculating the business value based on financial data to the existing web-based technology valuation systems in other fields. K-water's technology valuation model is evaluated by distinguishing between public-interest type and profitable-type water technology. First, evaluation modules in profit-type technology valuation model are designed based on 'profitability of technology'. For example, the technology inventory K-water holds has a number of profit-oriented technologies such as water treatment membranes. On the other hand, the public interest-type technology valuation is designed to evaluate the public-interest oriented technology such as the dam, which reflects the characteristics of public benefits and costs. In order to examine the appropriateness of the cost-benefit based public utility valuation model (i.e. K-water specific technology valuation model) presented in this study, we applied to practical cases from calculation of benefit-to-cost analysis on water resource technology with 20 years of lifetime. In future we will additionally conduct verifying the K-water public utility-based valuation model by each business model which reflects various business environmental characteristics.

A Study on Improving the Efficiency of Logistics Networks in Express Package Deliveries

  • Ko, Chang-Seong;Chung, Ki-Ho;Ko, Hyun-Jeung
    • Journal of Navigation and Port Research
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    • v.36 no.4
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    • pp.305-311
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    • 2012
  • The market competition of express package deliveries in Korea is severe because a large number of companies have entered into the market. This study thus suggests an approach to the reconfiguration of express service networks with respect to the strategy partnership of closing/keeping service centers among companies involved and the adjustments of their cutoff times. For this we propose an integer programming model and a genetic algorithm based solution procedure for allowing companies involved to maximize their incremental profit. An illustrative numerical example is presented to demonstrate the practicality and efficiency of the proposed model.

The Determinants of the Repurchase in the Social Commerce (소셜 커머스에서 재구매 의도의 결정 요인)

  • Son, Dal-Ho
    • The Journal of Information Systems
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    • v.24 no.2
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    • pp.1-22
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    • 2015
  • Purpose This study identified the factors influencing on the continuous purchase of social commerce and analyzed the proposed model empirically using structural model. Design/methodology/approach Five independent factors such as economic benefit, social pressure, personal innovativeness, security and reputation and two mediating factors such as value perception and trust were extracted and relationships were explored. This study was carried out through customer survey and statistical analysis on the survey. Findings The result showed that three independent variables such as economic benefit, social pressure and security significantly affected on value perception and trust. Moreover, personal innovativeness and reputation did not have significant influence on customer purchase intention showing different result from the cases of traditional electronic commerce. The results of this study are meaningful in that factors affecting customer purchase intention in social commerce were identified from comprehensive perspective and the importance of customer profit and social influence was verified through empirical study in social commerce.

AN IMPULSIVE STAGE-STRUCTURED OPTIMAL CONTROL PROBLEM AND OPTIMAL HARVEST STRATEGY OF PACIFIC COD, GADUS MICROCEPHALUS, IN THE SOUTH KOREA

  • Cho, Giphil;Jeong, Yong Dam;Kim, Sangil;Jung, Il Hyo
    • East Asian mathematical journal
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    • v.34 no.5
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    • pp.683-691
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    • 2018
  • We consider an optimal control problem for an impulsive stage-structured model involving ordinary differential equations with impulsive values of initial conditions in the next year. The main goal is to maximize a profit of the catch of Pacific cod in the South Korea through optimal harvest strategy as a control of adult cod. We established necessary conditions for the optimal harvest control using idea of Pontryagin's maximum principle. The optimal harvest strategy is to numerically solve the equation by using an iterative method with the Runge-Kutta method. Finally, we compare a monthly average of fishing mortality of Pacific cod from 2013 to 2017 with monthly fishing mortality for result obtained optimal harvest strategy.

Effect Analysis of Measurement-related Investment by the PIMS model With Reference to Korean Industrial Firms (PIMS 모형(模型)의 응용(應用)에 의한 측정투자효과분석(測定投資效果分析) 우리나라 주요기업을 중심으로)

  • Kim, Dong-Jin;An, Ung-Hwan
    • Journal of Korean Society for Quality Management
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    • v.18 no.2
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    • pp.117-126
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    • 1990
  • The Purpose of this study is to grasp the general effects of measurement-related investment by industrial firms. We presupposed the hypothesis that the measurement-related investment affects the decrease of product inferiority rates and analyzed the investigation results by means of PIMS(Profit Improvement of Market Strategy) model. As the results, we found out that the firms with positive measurement-related investment showed for less inferiority rates of products considerably. This study put an emphasis on the verification results showing that the considerable increase of measurement-related investment decreases the product inferiority rate by the statistical methods.

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Implementing an Analysis System for Housing Business Based on Seoul Apartment Price Data (주택 사업 분석 시스템 구축 : 서울지역 아파트 가격 데이터를 중심으로)

  • 김태훈;이희석;김재윤;전진오;이은식
    • The Journal of Information Technology and Database
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    • v.6 no.2
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    • pp.115-130
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    • 1999
  • The price structure of housing market varies depending upon market price policy rather than low or high price policy because of IMF. The object of this study is to develop an analysis system for analyzing housing market and its demand. The analysis system consists of four major categories: macro index analysis, market decision analysis, housing market analysis, and consumer analysis. We model each category by using a variety of techniques such as generalized linear model, categorical analysis, bubble analysis, drill-down analysis, price sensitivity meter analysis, optimum price index analysis, profit index measurement analysis, correspondence analysis, conjoint analysis, and multidimensional scaling analysis. Seoul apartment data is analyzed to demonstrate the practical usefulness of the system.

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A Negotiation Method Based on Opportunity Cost in the Trucking Cargo Transportation Market (육상화물운송시장에서 기회비용을 고려한 협상방법론 연구)

  • Kim, Hyun-Soo;Cho, Jae-Hyung
    • The Journal of Information Systems
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    • v.21 no.3
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    • pp.99-116
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    • 2012
  • As a way to allocate lots of orders to many participants for vehicle allocation problem, this study has used an agent negotiation based reverse auction model. This agent negotiation provides coordination functions allowing all participants to make a profit, and accomplishing Pareto optimum solution from the viewpoint of a whole trucking cargo transportation network. In order to build a strategic cooperation relationship based on information sharing, this agent negotiation provides a coordination mechanism in which all the participants including consignors, brokerage firms, and car owners are able to attain their own profits, and also that ensure a competitive market. This study has tried to prove that the result of an agent-based negotiation is the Pareto optimal solution under the present market environment. We established a mathematical formulation for a comparison with the Integer Programming model, and analysing e-Marketplace, structure of shipping expenses and brokerage system in the trucking cargo transportation industry.

Effective Software Protection Strategy by Update Digital Rights Management: A case of Korean Firms (디지털 저작권 관리를 통한 효과적인 소프트웨어 보호 전략: 한국 기업의 사례를 중심으로)

  • Kim, Tae-Ha;Shin, Hyung-Deok;Park, Sung-Hee
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.767-785
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    • 2008
  • This study investigates the effect of the update Digital Rights Management (DMR) strategy on a firm's profit. The model developed by Kim and Talalayevsky (2007) is applied to the case of two representative Korean software firms. Specifically, this study shows the model suggested by Kim and Talalayevsky (2007) fits the reality of Korean firms' DMR strategies. Based on the result, this study makes some implications to managers and policy makers.

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