• Title/Summary/Keyword: Profit cost

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Strategic Evaluation Of Education And Training In An Enterprise (기업 교육훈련의 전략적 평가)

  • 권호일
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.31
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    • pp.11-20
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    • 1994
  • In these days, as human resource development is emphasized in an enterprise, the importance of evaluation of the education and training which is the means to practice is gradually increased. Because people wants to know the effects compared to the cost of the education and training in several years. Therefore, in this paper, I testified to a contribution about the strategic purpose of the functions of the education and training and I represented several strategies to practice it Through these strategies. the department of the education and training is getting know that how much does the education and training affect a prodectivity and a profit in offering service. And I also represented that it can be applied soft system analysis in developing concept model of ways of doing things. This analysis explains detaily the job performance skills which needs in each constituent element of system. The education and training can develop the ways of improving the job performance skills. The job performance skills affect a productivity and a profit. Finally, increasing of a profit due to the education and training represents the contribution of the strategic purpose and emphasize the development of the program for it. The education and training have to be considered the development of the marketing plan. If the prefects of the department of the education and training help their strategic purpose achievement, other departments can be given the services offering the education and training. The education and training measures the effects, embodies them and needs to be more sensitive making datas of the success cases.

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Profit Analysis of Larch Stand (낙엽송(落葉松) 식재림(植栽林)의 수지문제(收支問題))

  • Yim, Kyong Bin
    • Journal of Korean Society of Forest Science
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    • v.10 no.1
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    • pp.1-3
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    • 1970
  • It is quite difficult to analyse the profit that can be obtained from tree plantations because very many factors are involved. However, for giving sound guidelines to forestry enterprices, it is beneficial in calculating the cost ratios. The present author has made some predetermined assumptions for this calculation relating to larch plantations. According to the results, to insure a sound enterprice, the rate of the annual compound interest should be less than 8 percent taking into consideration the risk ratio. It is true, however, that we do not always depend only upon profit analysis results in forest management.

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Management and Marketing Improvement for Folk Vegetables in Chungnam Province (충남지역(忠南地域) 민속채소(民俗菜蔬)의 경영(經營) 및 유통개선(流通改善)에 관(關)한 연구(硏究))

  • Lee, Dong-Jae;Kim, Chul-Ho
    • Korean Journal of Agricultural Science
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    • v.25 no.2
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    • pp.321-328
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    • 1998
  • This study was performed to provide reference materials for the vegetable cultivating farmhouses by investigating profit and marketing situation for the folk vegetables. The survey areas covered 10 cities and counties including Kumsan, 72 farmhouses, and 8 crops including buffterbur and wild rocambole. As a result, the cultivated area of folk vegetables was increased as much as 13.7%, however, marketing cost was higher than that of horticultural crops, because they were not accessed to wholesale market. It was that the optimal period to sell the folk vegetables was shown like Jan. - Feb. for butterbur and day lily, Nov. - Dec. for wild rocambole, and Oct. - Nov. for kind of lettuce respectively. As the result of analyzing economical efficiency, the net profit per 0.1 ha was amounted to 3,438,000 won for butterbur, 3.291,000 won for wild rocambole 1,712,000 won for day lily, and 1,464,000 won for fatsia shoots. Besides, these four crops occupied more than 60% in cultivation area, and their profit was high. Therefore, it is necessary to foster them with special crops in Chnugnam area. The crops that require more labor time were such crops as 632.9 hours for day lily, 584.3 hours for butterbur, and 409.2 hours for fatsia shoots, whereas the crops that required less labor time were such field crops as 219.2 hours for fragrant edible wild aster and 233.8 hours for kind of lettuce.

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Business Performance of Manager's Perspective in Small Apparel Retailer's Stores Operated Independently (경영자 관점의 소규모 독립 의류소매점의 경영성과)

  • Hwang, Yeon-Soon;Park, Jong-Hee
    • Fashion & Textile Research Journal
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    • v.11 no.1
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    • pp.75-83
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    • 2009
  • The primary purpose of this study was to investigate business performance in small apparel retailer's stores operated independently. Data were collected from 167 managers independently operating small apparel stores in Busan and Ulsan. The aforementioned were analyzed utilizing frequency, factor analysis, ANOVA, regression analysis using SPSS Win 12.0. The results showed as follows; Factors influencing on perception of managers on business performance were market information, cost/quality control, opposing power to business depression, store management, product management, sales promotion. There were significant differences between factors influencing on perception of managers on business performance and business performance(the extent of success, profit and growth). It was market information and store management that the most important for the extent of success. It was opposing power to business depression, store management and product management that the most important for the extent of profit. It was market information, store management and product management that the most important for the extent of growth.

A Study on Ships Optimal Speed, Deadweight and Their Economy (On the Operations of Common Bulk Carriers Under the Various Managerial Circumstances of Shipping Companies) (상선의 최적속력 및 적화중량톤과 경제성에 관한 연구 ( 일반살적화물선에 있어서 해운운영상의 여건변동을 중심으로 ))

  • 양시권
    • Journal of the Korean Institute of Navigation
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    • v.7 no.2
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    • pp.65-113
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    • 1983
  • A lot of studies of ship's economy are on the traditional fields such asreducing propulsion resistance, raising cargo handling rates and lessening building consts, but there are few researches on the merchant ship's economy concerning their deadweights and speeds according to shipping companies managerial cercumstances. Contrary to the contemporary trend that "the bigger, the better, if the cargo handling rate could increased sufficiently to hold down port time to that rate of smmaler vessels", this paper demonstrates the existence of certain limits in ship's size and speed according to the coditions of the freight rates, voyage distances, cargo handing rates, prices of fuel oil, interst rates etc. Fom the curves of criteria contour for various ship's deadweights and speeds which are depicted from the gird search method, one can get the costs and the yearly profit rates under the conditiions of large volume with long term contracts for the transportation of bulk cargoes. In estimating ship's transportation economy, the auther takes the position that the profit rate method is properer than the cost method, and introduces the calculation table of the voyage profit rate index. The use of the criteria contours will be of help to ship owners in determining the size and speed of the ship which will be built or purchased and serve in a certain trade route.

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The Effects of Making Horcitultural Products and Selling Activities on Vocational Rehabilitation of Persons with Mental Disabilities

  • Seol, Ga Ae;Yun, Suk Young;Choi, Byung Jin
    • Journal of People, Plants, and Environment
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    • v.22 no.3
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    • pp.279-287
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    • 2019
  • This study carried out a horticultural program for people with mental disabilities to determine suitability of the horticultural activity program and to actually apply to vocational rehabilitation. The program was carried out in 16 sessions from April 12 to June 7, 2018 with nine people with a strong will to participate in vocational rehabilitation at a health center for persons with mental disabilities. The tools used were the Horticultural Activity Performance Assessment (psychological behavior) and Purdue Pegboard Test that examines functions of hands and arms. The subjects sold the products they made during class time and obtained the profits. After the program, the scores increased with a significant difference (p = .000) in the psychological behavior area of the Horticultural Activity Performance Assessment. Hand and arm movement also showed continuous improvement along the program with a significant difference (p = .000), as well as finger dexterity also with a significant difference (p = .018). The net profit was 314,000 KRW (subtracting cost of goods 314,000 KRW from total sales 628,000 KRW). The profit was shared equally among the nine subjects, each receiving 34,900 KRW. Therefore this study proved horticultural activity class is suitable for vocational rehabilitation of people with mental disabilities proved by the positive effects. We also expect that the subjects will be able to make more profits if they learn more skills, since they are interested the process of making such profits.

THE USE OF CASSAVA IN BROILER FEEDING IN THE SOUTH PACIFIC

  • Ochetim, S.
    • Asian-Australasian Journal of Animal Sciences
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    • v.4 no.3
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    • pp.241-244
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    • 1991
  • An experiment was conducted to investigate the nutritional and economic effects of complete replacement of maize with sun-dried cassava (SDC) in the diet of broiler chickens raised from one day of age to seven weeks. The complete replacement of maize by SDC resulted in a 10 percent reduction (p<0.05) in final bodyweights (1.91 vs 1.72 kg); and a 5 percent reduction (p>0.05) in average feed intake (4.01 vs 3.81 kg). Feed efficiency was not affected (p > 0.05). Cost per kilogramme of feed was reduced by nearly 30 percent and cost per kilogramme of bodyweight gain lowered by about 26 percent by using SDC diet. Relative profit return after accounting for cost of feed and cost of day old chick was higher by 11 percent on the SDC diet. It was concluded that despite the reduction in final bodyweight, the attractive economic return obtained from using SDC, a locally produced ingredient, may be justified in place of maize which is imported.

Development of a Descriptive Cost Effectiveness Model for a Subcontractor with Limited Resources

  • Kim, Dae Young
    • Journal of KIBIM
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    • v.7 no.3
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    • pp.40-48
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    • 2017
  • It only takes one failed project to wipe out an entire year's profit, when the projects are not managed efficiently. Additionally, escalating costs of materials and a competitive local construction market make subcontractors a challenge. Subcontractors have finite resources that should be allocated simultaneously across many projects in a dynamic manner. Significant scheduling problems are posed by concurrent multi-projects with limited resources. The objective of this thesis is to identify the effect of productivity changes on the total cost resulting from shifting crews across projects using a descriptive model. To effectively achieve the objective, this study has developed a descriptive cost model for a subcontractor with multi-resources and multi-projects. The model was designed for a subcontractor to use as a decision-making tool for resources allocation and scheduling. The model identified several factors affecting productivity. Moreover, when the model was tested using hypothetical data, it produced some effective combinations of resource allocation with associated total costs. Furthermore, a subcontractor minimizes total costs by balancing overtime costs, tardiness penalties, and incentive bonus, while satisfying available processing time constraints.

Efficient Operation Policy in a Closed-loop Tire Manufacturing System with EPR

  • Ko, Young-Dae;Hwang, Hark
    • Industrial Engineering and Management Systems
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    • v.8 no.3
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    • pp.162-170
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    • 2009
  • This paper deals with a closed-loop remanufacturing system with one manufacturer and one remanufacturer. The manufacturer sells new products bearing the 'Extended Producer Responsibility (EPR).' It is assumed that the manufacturer's collection rate of used products depends only on the buy-back cost, while that of the remanufacturer depends on the minimum allowed quality level of used products in addition to the buy-back cost. Through the development of mathematical models with the objective function of maximizing profit, we study an efficient operation policy of each party. The decision variables are the unit selling price of new products and remanufactured products, the unit buy-back cost of the used products of the manufacturer and remanufacturer, and the minimum allowed quality level. The validity of the model is examined through numerical examples and sensitivity analysis.

A Linear Programming Model for Production Planning of Photovoltaic Materials (태양광 발전 소재 생산계획을 위한 선형계획 모형)

  • Lee, Seon-Jong;Lee, Hyun Cheol;Kim, Jaehee
    • Korean Management Science Review
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    • v.32 no.4
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    • pp.19-28
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    • 2015
  • This study presents a mathematical programming model to develop production planning in the manufacturing processes for photovoltaic silicon ingots and wafers. The model is formulated as a linear programming model that maximizes total growth margin, which is composed of production cost, inventory cost, shortage cost, and sales profit while considering the constraints associated with the production environments of photovoltaic materials. In order to demonstrate the utility of the model for production planning, we run operations for a planning horizon of a year for a case study. When the primary results of this mathematical programming are compared with the historical records, the model could have resulted in the considerable increase of the total growth margin by effectively reducing inventory cost if a decision maker had employed the model as a decision support system with perfect information for sales demand.