• Title/Summary/Keyword: Profit structure

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Combining Manure Pallet Pool System and Agricultural Products Pallet Pool system (비료 파렛트풀시스템과 농산물 파렛트풀시스템의 결합)

  • 이종구;이상보
    • Journal of the Korea Safety Management & Science
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    • v.3 no.3
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    • pp.117-130
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    • 2001
  • This paper is a development of the integrated system which combined Manure Pallet Pool System(MPPS) and Agricultural products Pallet Pool System(APPS). It is an management tool which helps to reduce logistics costs successfully and Improve pallet availability. Already traditional PPS was implemented by pallet rental company, but it was irrationally. So this paper proposed MPPS-and-APPS describes how to combine MPPS with APPS, operates this system and measure rental pallet rates. Using a newly developed management technique for MPPS-and-APPS, i.e., 2-dimensional contract, this system will needs motivate managers and employees to improve their company's value. And it allows enterprise leaders to create profit through system structure improvement. Furthermore, this paper is useful for performance of measure and application in operational unit.

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Combining Manure Pallet Pool System and Agricultural Products Pallet Pool System (비료.농산물 파렛트풀시스템의 연계방안에 관한 연구)

  • 이상보;홍상태;전만술
    • Proceedings of the Safety Management and Science Conference
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    • 2000.05a
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    • pp.41-53
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    • 2000
  • This paper is an integrated system with Manure Pallet Pool System(MPPS) and Agricultural products Pallet Pool System(APPS). This is an management tool that helps to successfully reduce logistics cost and improve pallet availability. It allows enterprise leaders to create profit through system structure improvement. Already traditional PPS is implemented by pallet rental company, but it is irrationally. In the integrated system proposed MPPS-and-APPS, this describes how to combine and implement and measure rental pallet rate. Using a newly developed management technique for MPPS-and-APPS, i.e., 2-dimensional contract, this system can motivate manager and employee to develop their company Furthermore, this paper is useful of performance measure and application in operational unit.

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A Research of the Efficient Financial Management of Welfare for Education through Operating Mixed-use of School Facilities (학교시설 복합화 운영개선을 통한 교육복지재정 운용 효율화 방안)

  • Kim, Joo-Cheul
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.10 no.2
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    • pp.46-60
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    • 2011
  • Nowadays, the change of the social structure such as the elderly society and the broken traditional family conception is progressing rapidly. The social change produced a lot of problems, and the welfare from among these is the urgent problem. The welfare for the aged is very important problem in an aging society. The changes of industrial and economic structures also caused the increase of double-income families. The numbers of schoolchildren decreased rapidly because of the low birth and elderly society. So, many idle spaces of existing school facilities have emerged, and these left spaces is being blamed for the fiscal waste. If these idle spaces were used for the welfare-facilities, it will be of assistant to solve the problem about welfare and use the school facilities effectively. And then, the big profit from these enterprises can be used for the better welfare for education.

Joint Decision of Optimal Procurement Policy and Optimal Order ize for a Product Recovery System (회수제품 재가공이 이루어지는 시스템에서 최적 신제품 구매정책과 최적 주문량에 대한 연구)

  • Kim, Eungab;Jeong, Bongju
    • Journal of Korean Institute of Industrial Engineers
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    • v.34 no.4
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    • pp.398-407
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    • 2008
  • We consider a product recovery system that a single product is stocked in order to meet a demand from customers who may return products after usage. This paper addresses a problem of when to release a procurement process to replenish serviceable inventory and how many new products to procure. The structure of the optimal procurement policy is examined and numerically identified as a monotonic threshold curve. A numerical procedure is presented to jointly find the optimal procurement order size, optimal procurement policy, and optimal discounted profit. Sensitivity analysis also indicates that these optimal performance measurements have monotonic properties with respect to system parameters.

Optimal Dynamic Operating Policies for a Tandem Queueing Service System

  • Hwang, Dong-Joon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.4 no.1
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    • pp.51-67
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    • 1979
  • This paper considers the problem of determining an optimal dynamic operating policy for a two-stage tandem queueing service system in which the service facilities (or stages) can be operated at more than one service rate. At each period of the system's operation, the system manager must specify which of the available service rates is to be employed at each stage. The cost structure includes an operating cost for running each stage and a service facility profit earned when a service completion occurs at Stage 2. We assume that the system has a finite waiting capacity in front of each station and each customer requires two services which must be done in sequence, that is, customers must pass through Stage 1 and Stage 2 in that order. Processing must be in the order of arrival at each station. The objective is to minimize the total discounted expected cost in a two-stage tandem queueing service system, which we formulate as a Discrete-Time Markov Decision Process. We present analytical and numerical results that specify the form of the optimal dynamic operating policy for a two-stage tandem queueing service system.

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The Energy-efficiency Analysis of Companies in Korea Using DEA (DEA를 활용한 국내 기업의 에너지효율성 분석)

  • Moon, Hana;Min, Daiki
    • Korean Management Science Review
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    • v.32 no.3
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    • pp.37-54
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    • 2015
  • This paper suggests energy efficiency which can be the foundation on corporate profit and effective energy management following by change of global climate and of energy-related regulations. Using comparable financial information and information related to energy use, an DEA (Data Envelopment Analysis) model has been used to identify energy efficiency with DMU (Decision Making Unit)s which are companies subjected to reduce greenhouse gas emission in 2009. Through this research, different from existing researches, environmental variables which can influence on energy efficiency are identified. The results show as follows. First, most of companies follow IRS, which means scale of economy exists among units so that they have more opportunity to increase efficiency by increasing scale of inputs. Second, this research identified that depending on the difference of environmental characters such as the emission structure and the size of companies, energy efficiency of the companies turns out differently.

A Study on the STN International (STN International 온라인 정보검색(情報檢索) 시스템)

  • Jeong, Hye-Soon
    • Journal of Information Management
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    • v.23 no.3
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    • pp.45-73
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    • 1992
  • STN International is operated in North America by CAS, a division of the American Chemical Society;by FIZ Karlsruhe in Eruope ; and by JICST in Japan. All three are not-for-profit scientific organizations. This paper describes Messenger software that is designed for fast and efficient information retrieval, the advanced front-end STN Express software that saves time and effort, and databases in STN.

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System Thinking for Increasing the Operational Efficiency of Door-to-door Delivery Network (택배네트워크의 운영효율성 증진을 위한 시스템 사고)

  • Choi, Kang-Hwa
    • Korean System Dynamics Review
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    • v.12 no.1
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    • pp.89-114
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    • 2011
  • With steady increase in the demand for door-to-door delivery services, courier service providers are facing a constant pressure to reduce delivery price in order to secure quantity order and to improve the efficiency and reliability for customer service. The objective of this research is to explain the structure of the door-to-door delivery including door-to-door delivery service demand, sorting capacity in the hub-terminal, and the system performance measures such as service reliability networks using causal loop diagram(CLD). Based on causal relation, this research describes a comprehensive approach to examine how capacity reliability contributes to the renewal of the firm's competences through its reciprocal relationship with travel time reliability and connectivity reliability. Also, this research suggests the policy alternatives to improve effectiveness and efficiency of door-to-door delivery network in response to increase customer satisfaction and profit maximization of the courier service providers: operational, tactical, and strategic levels.

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디지털시장의 시장구조와 제품판매방식

  • 최동수
    • Journal of Technology Innovation
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    • v.10 no.2
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    • pp.107-129
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    • 2002
  • Expansion and enhancement of information and communication infrastructure can create a market closer to an ideal type for a perfect competition, utilizing a cyber space in the network (with the expanded usage of Internet and e-commerce) and it could be a market of a monopolistic form. The government can take one of the two approaches responding to this monopolization of the digital market. First, the government maintains laissez-faire policy since the monopoly cannot be maintained over a long period of time due to an increasing in the production, decrease in the price, profit resulting from this and rapid technology evolution. Second, the government can actively interrupt the monopolization of the digital market. Monopolization in a digital market can lead to a market failure. Unstable market structure and too much frequent merger and acquisition contribute to making the digital market very dynamic. Information goods exchanged in the digital market have the features of very low marginal cost required to copy the original product whereas its initial fixed cost is very high. This explains why the information products are not priced based on the existing marginal price determination principles and why companies producing them have various product sales strategies (price/product differentiation strategy, and other sales strategies).

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A Dynamic Analysis of Technological Innovation Using System Dynamics (시스템 다이나믹스를 이용한 기술혁신의 동태성 분석)

  • Choi Kang-Hwa;Kwak Soo-Il;Kim Soo-Wook
    • Korean Management Science Review
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    • v.23 no.1
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    • pp.87-113
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    • 2006
  • This paper describes a comprehensive approach to examine how technological innovation contributes to the renewal of the firm's competences through its dynamic and reciprocal relationship with R&D and product commercialization. Three theories of technology and innovation (R&D and technological knowledge concept, product-process concept, technological interdependence concept) are used to relate technology and innovation to strategic management. Based on those theories, this paper attempts to identify dynamic relationship between product innovation and process innovation by system dynamics, by investigating the aspect of the dynamic changes of the closed feedback circulation structure in which R&D investments drive technological knowledge accumulation, and such knowledge accumulation actualizes product innovation and process innovation, subsequently resulting in the increase of productivity, customer satisfaction, profit generation, and re-investment on R&D from the created profits. This provides the ability to assess the advantages and disadvantages of different technological innovation strategies and commitments, and the opportunity to explore equilibrium point and suggest a generalized technological innovation model under different industry environment parameters and time-strategies.