• Title/Summary/Keyword: Profit cost

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Survey of Status for Ageing Population, Charge Organizations and Polices in UK

  • Kee, Dohyung
    • Journal of the Ergonomics Society of Korea
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    • v.33 no.5
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    • pp.387-394
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    • 2014
  • Objective: The purpose of this study is to survey trend and the real state of ageing population in UK, and its charge organizations, relevant policies and studies. Background: As in other countries, UK population is ageing and people aged 65 or over account for about 17% of population in UK. Considering this ageing population, there are varying basic studies and policies for older people in UK. Method: First, the author consulted ageing and its policies in UK with some faculties in an UK university. Next, based on the results of consultation, wide literature survey was conducted, which includes papers in relevant academic journals, publications and website surfing. Results: A number of basic studies for surveying status and characteristics of older people as well as simple population trend for them have been conducted in UK. Healthcare services are free for all UK residents, and varying social care services including equipment, home and residential cares, financial support, etc., are provided by local governments. Cost of social cares is means-tested and is not free for everyone. There are a number of governmental or non-profit organizations dedicated to help older people access social care services or to financially fund research projects older people. Conclusion: There are more basic studies, and healthcare and social care services for older people in UK, compared to Korea. Application: It would be useful as basic data for establishing effective polices for old people in Korea.

A Profitability Analysis of Sixteen Oriental Medicine Hospitals (한의과대학부속 한방병원의 손익분석 - 2007~2009년도 7개 대학의 16개 부속한방병원을 중심으로 -)

  • Lee, Woo-Cheon;Lee, Sun-Dong;Kim, Jin-Hyun
    • Journal of Society of Preventive Korean Medicine
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    • v.15 no.2
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    • pp.145-155
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    • 2011
  • The purpose of this paper is to review the profitability of sixteen university hospitals of oriental medicine during 2007~2009. Data was collected from 16 hospitals that reveal financial statements to the public and the hospitals were classified into 7 groups. Net sales and COGS per 100 beds of the 7 groups were analyzed to measure profitability and as a percentage of net sales, the rates of personnel expenses, maintenance costs, and material costs were evaluated. The results showed that six groups had consecutively recorded net loss in medical services and differences in profitability among 7 groups were substantial. The analysis showed the profitability was significant for medium-sized hospitals. The rates of personnel expenses in net sales were above 50% in 6 groups with net loss and one group with net profit was 45%. This result indicate the rate of personnel expenses in net sales could be the main factor affecting profitability and further studies are recommended to analyze the determinants of profitability in oriental medical hospitals.

Study on Construction of Modular Cell Line for LCD TV by Lean 6 Sigma (Lean 6 Sigma에 의한 LCD TV의 Modular Cell Line 구축에 관한 연구)

  • Jeong, Young-Kwan;Choi, Seong-Dae;Yoo, Chong-Kyu;Cheong, Seon-Hwan
    • Journal of the Korean Society of Industry Convergence
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    • v.13 no.1
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    • pp.49-54
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    • 2010
  • Lean 6 sigma has recently been used to describe a management system which combines lean management and 6 sigma. The marriage between Lean manufacturing and 6 sigma has proven to be a powerful tool for cutting waste and improving the organization operations. Time and quality are the most important metrics in improving any company's production and profit performance. lean 6 sigma is a management innovation for improving production efficiency, process quality, cost reduction, investment efficiency and customer's satisfaction. in this paper, Advanced cell line is builded the home appliance goods of the LCD TV final assembly line of domestic company line, training the multi-skilled man and controlling the production information system based on Lean 6 sigma.

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Public Transportation Information Profit Model in Using CVM(Focused on BIT) (CVM기법을 이용한 대중교통수익모델 연구(BIT를 중심으로))

  • Park, Bum-Jin;Moon, Byeong-Sup
    • The Journal of the Korea Contents Association
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    • v.11 no.8
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    • pp.459-467
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    • 2011
  • BIS(Bus Information Systems) supplies the bus arrived time information for users in using BIT(Bus Information Terminal) installed on the bus stop. BIT is the device using peoples directly. So, BIT need a quick response when it flew. These are an important factor in the strategy of the BIS maintenance. BIT need a maintenance cost to operate smoothly. So, Suppose that commercial advertisement can be displayed on BIT screen in this study. And we researched an advertisement rates of the optimum level in using Contingent Valuation Method. In addition, we analyzed a characteristic of user's depending on each time using multinomial Logit Modeling method, and studied for BIT operation and ad. displaying strategy considered user's sex, ages and using times.

Performance Evaluation of Closed Manufacturing Systems with Sampling Inspections (샘플링 검사가 수행되는 폐쇄형 생산 시스템의 성능분석)

  • Lee, Hyo-Seong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.1
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    • pp.123-140
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    • 1997
  • In this paper we consider closed flow line systems with samploing inspections. The total number of parts in the system is assumed to be N. The processings carried out of each station do not always meet the requirement of quality. Therefore, upon completion of its processing at each station, a part is inspected to determine whether the processings meet the requirement of quality or not. We assume that inspection are done on a random basis. If a part is found to be defective by an inspection, it is fed back to the apropriate station. Two different cases will be considered in this study : a three-station flow line system with infinite buffers and a two-station flow line system with finite buffers. For each case, we will develop an exact method to obtain the performance measures such as throughput, machinen utilization, average outgoing quality and manufacturing lead time. For the case of the two-station flow line system ith finite buffers, we will also develop an approximation method using a stage-aggregation technique. Then using buffers, we will also develop an approximation method using a stage-aggregation technique. Then using these results, we will try to find an optimal inspection policy which maximizes the expected net profit under a certain cost structure. Although we present the results only for the two or three station flow line system in this paper, the results obtained in this paper can be extended easily to the system which consists of more than two or three stations.

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A Study on the Global e-Networking of Trading Companies in Korea (무역업체의 글로벌 경쟁력 강화를 위한 e-네트워크 구축에 관한 연구)

  • Choi, Heung-Seob;Her, Eun-Kyung
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.97-115
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    • 2008
  • This paper is to review how Korean trading companies perform and promote the digital transformation through the e-networking with global market, and how much they extend the volume of export, and make the company grow inward or outward in order to enhance the effects of economic growth in Korea. It is suggested that global agreement on e-Trade(or u-Trade) should be made in order to expand the global e-networking practices and to ensure transferring of transport documents(or business documents). Moreover, it also suggested that networking on the global trading partners such as government authorities, diplomatic offices abroad, overseas Koreans, students studying abroad, Korean merchants abroad, etc. should be made in single window for improving and upgrading the image of Korean trading companies. By making of global e-network platform between overseas business partners, trading companies are able to expect various synergy effects such as improving the satisfaction of their customers, promoting the global transactions, reducing the operation and transaction cost, helping fording overseas buyers, and extending export volume and sales profit, etc. Customers can also obtain the information about trading goods easily and rapidly, and cut down the transaction stage using information exchange with partners. All of the trading partners in the world can maintain their business partnership as long as they use the global e-network.

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Design of Manufacturing Data Analysis System using Data Mining Techniques (데이터마이닝 기법을 이용한 생산데이터 분석시스템 설계)

  • Lee H.W.;Lee G.A.;Choi S.;Park H.K.;Bae S.M.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2006.05a
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    • pp.611-612
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    • 2006
  • Many data mining techniques have been proved useful in revealing important patterns from large data sets. Especially, data mining techniques play an important role in a customer data analysis in a financial industry and an electronic commerce. Also, there are many data mining related research papers in a semiconductor industry and an automotive industry. In addition, data mining techniques are applied to the bioinformatics area. To satisfy customers' various requirements, each industry should develop new processes with more accurate production criteria. Also, they spend more money to guarantee their products' quality. In this manner, we apply data mining techniques to the production-related data such as a test data, a field claim data, and POP (point of production) data in the automotive parts industry. Data collection and transformation techniques should be applied to enhance the analysis results. Also, we classify various types of manufacturing processes and proposed an analysis scheme according to the type of manufacturing process. As a result, we could find inter- or intra-process relationships and critical features to monitor the current status of the each process. Finally, it helps an industry to raise their profit and reduce their failure cost.

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An Economic Analysis on Fishing in the Cultivating Fishery by Embankment (축제식 양식어장 유어낚시터 운영 경제성 분석)

  • Lee, Sang-Go;Shin, Yong-Min
    • Journal of Fisheries and Marine Sciences Education
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    • v.20 no.3
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    • pp.429-441
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    • 2008
  • The purpose of this study aims at analyzing the profit from manage a fishing place in the cultivating fishery by embankment. With the spread of the living pattern laying stress on the quality of life and the introduction of a 5-day workweek system, demand for tourism and leisure are increasing steadily and available time for them is getting longer. However, those newly-increasing demands for tourism and leisure will have a tendency of focusing on adventurous and experiential activities. From the point of view, it is needed to develop something new that can meet those kinds of demands for an experiential tourism and activity, particularly based on the cultivating fishery by embark a bay. Marine recreational fishing is one of the most popular outdoor leisures and the number of people who are participating is sharply increasing more and more because of the increasement of their income and demand for marine leisure. In this regard, this paper is focused on the economic analysis a fishing place in the cultivating fishery by embankment. According to the analysis result, the cultivating fishery by embankment is a profitable business operating fishing place in their place.

Waste Heat Utilization of Melted slags at Pyrolysis, Gasification and Melting System (열분해 가스화 용융시스템에서 용융슬래그의 폐열 활용)

  • Lee, Ho-Seok;Sung, Sang-Chul;Oh, Myung-Do
    • Proceedings of the SAREK Conference
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    • 2008.06a
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    • pp.1237-1242
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    • 2008
  • A study on waste heat utilization of melted slags at pyorlysis, gasification and melting system was performed. Researchers studied heat balance of substances that flow and flow out to the system which is consisted of melting furnace, combustion chamber, and waste heat boiler, then they calculated melting slags' quantity of heat by the first law of thermodynamics. If they use water cursh pit outflow which is gotten by quenching of melting slag as a energy for heating and cooling system, steam of waste heat boiler would be delivered to a steam turbine, making energy, then they will get 67,671,000 won of profit a year. It will take 3 years to repossess the cost that they invested for building it. And, if we predict durability of trash burner is 20 years, we will get approximately 1,150,407,000 won of profits in 17 years without the period when we repossess the building costs.

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Automatic Generation of Reserve Prices and Bid Prices for a Group Buying System (공동 구매 시스템에서의 낙찰 예정가 및 입찰가 자동 생성)

  • 김신우;고민정;박성은;이용규
    • The Journal of Society for e-Business Studies
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    • v.7 no.2
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    • pp.55-68
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    • 2002
  • Internet group buying systems have been widely used recently. In those systems, because the reserve price is provided by the buyer, the success rate can be decreased if the reserve price is set too low compared with the normal price. Otherwise, an unsuitable successful bid can be made if the reserve price is set too high based on inaccurate information. Likewise, the seller's providing too high a bid price can deteriorate his/her own successful bid rate, whereas a successful bid with too low a price may make no profit in the sale. Therefore, pricing agents that recommend adequate prices based on the past buying and selling history data can be helpful. In this paper, we propose two kinds of agents. One suggests reserve prices to buyers based on the past buying history database of the system. The other recommends bid prices to a seller based on the past bidding history data of the company using the cost accounting theory. Through performance experiments, we show that the successful bid rate can increase by preventing buyers from making unreasonable reserve prices. Also, we show that, for the seller, the rate of successful bids with appropriate profits can increase. Using the pricing agents, we design and implement an XML-based group buying system.

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