• Title/Summary/Keyword: Profit structure

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An Analysis on the Value Chain and the Value System of the Korean Wind Power Industry (한국 풍력산업의 가치사슬 및 가치시스템 분석)

  • Ryu, Jae-Ho;Choi, Ta-Gwan;Park, Jung-Gu
    • Journal of Energy Engineering
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    • v.23 no.1
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    • pp.46-57
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    • 2014
  • This study analyzes whether the value-added structure of Korean wind power industry exhibits a virtuous cycle through the value chain(VC) within wind power firms and the value system(VS) among the wind power industries, using a regression analysis based on a survey about Korean wind power companies. According to the VC, the government's R&D support is analyzed to have contributed to an increase in the R&D investments of the wind power companies. An increase in corporates' R&D investments has led to an increase in corporates' R&D outputs, and in turn, induced a remarkable increase in the amounts of production. But an increase in production has not led to a decrease in the costs of production, not resulting in an increase in profit rates per sales amount. In addition, while an increase in profit rates is analyzed to have contributed to an increase in production, this did not induce further investments in corporate's R&D. The virtuous cycle of the value chain in Korean wind power firms is, therefore, analyzed to be weak. Next, the VS is analyzed by dividing the whole chain into the system group including rotor blades, gear boxes, and power generators, and the structure group, such as towers. Two groups are analyzed to have mutually positive effects in the processes of the government's support for corporates' R&D, corporates' investment in R&D, R&D outputs, and profit rates per sales amount. Such mutual positive effects are, however, not found in the processes of the amounts of production and the costs of production. These results demonstrates that the value system of Korean wind power industry is not completed. This study has a policy implication to need further efforts to create the virtuous cycle in the VC and VS of Korean wind power industry.

Development Strategy for Pharmaceutical Industry against Korea-United States of America FTA

  • Lee, Jae-Jun;Park, Jin-Han
    • Journal of Evidence-Based Herbal Medicine
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    • v.1 no.2
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    • pp.17-26
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    • 2008
  • Nowadays the flow of international trade is that there seems to appear economic block significantly because most countries contract FTAs, so our market condition is changing to a severe competitive situation. Korea which has 70% of foreign dependence of trade must get involved in regionalism, and also actively promote FTA more than any other countries. FTA on February in 2006, the pharmaceutical industry are anxious. The pharmaceutical industry in Korea has recently come to a crisis that it is hard to expect a growth due to structure of profit and a change for the worse of management. If Korea-U.S. FTA are contracted in this kind of situation, domestic pharmaceutical companies will be at stake. We can anticipate that FTA with the country that has a strong competitive power like U.S. affect negatively on pharmaceutical industry, because the industry doesn't have enough self-competitiveness. Considering this kind of surroundings, we need to present the policy to enhance competitiveness for damage limitation on pharmaceutical industry by Korea-U.S. FTA. Under this background, this research has groped for a direction to strengthen the competitiveness to develop pharmaceutical industry in quality. The competitive enhancement plan is presented which is divided into the government policy part, the R&D part, and the management part. Although Korea-U.S. FTA is analyzed to wither the pharmaceutical industry, it would be thought that it is a good chance to upgrade domestic pharmaceutical industry if we make the best use of it, and also to make in roads into foreign market.

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The Realities of Management in the Informative Contents Industry (정보콘텐츠산업의 경영 실태에 관한 연구)

  • Kim, Kyung-Il;Lee, Yong-Hwan
    • Journal of Digital Contents Society
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    • v.8 no.2
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    • pp.157-163
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    • 2007
  • Informative contents Industry shows stable capital structure, excellent profit index high growth rate and high productivity on the average in step with the evolution of digital technology, but it shows the aggravating trend gradually in almost all the indexes. It is because the enlargement of supply market proceeds so faster than the increase of market demand that the competition is intensified and relatively easy to advance into the market according to the development of informative contents industry. The exploitation of new market and the reclamation of new technology are needed to contrive the continuous prosperity of informative contents industry, and to achieve this, it is needed to support from politic financing and taxation politic aspect.

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The Actual Study of Employes′ Job Satisfaction in the No brand Food Service Industry (외식산업 비브랜드 종사원 직무만족에 관한 실증적 연구)

  • 한양옥
    • Culinary science and hospitality research
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    • v.6 no.2
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    • pp.175-197
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    • 2000
  • Eating out industry is typical human service industry to depend on human resources largely. Nevertheless, management of human resources in eating out industry is beneath notice. Degree of satisfaction at a duty of an employee must be grasped to offer good service to a customer. Human service of an employee is structural element of eating out industry and a direct instrument to make a profit Therefore, an offer of good service depends on a mental attitude of an employee though satisfaction at a duty. Therefore, this study investigates elements affecting satisfaction at a duty of an employee and presents actual remedies to a chive purposes of study with importance. To accomplish this duties, this study does theoretical studies on satisfaction at a duty and literature studies on general features of eating out industry. And, on the basis of it, this study does actual studies on satisfaction at a duty of an employee in small-scale eating out industry Therefore, to disperse burdensome amount of business due to human structure that do not differentiate between operation and cooking to operate organization that employee works by turns and rest, and to use well trained part-time worker will contribute to reduction of labor cost and promotion of morale of current employee.

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Analysis of Relational Structure among Service Failure-related Variables in the Beauty Service Industry (미용 서비스 산업에서 서비스 실패 관련 변인들 간의 관계구조분석)

  • Kim, Seong-Ah;Yoo, Tai-Soon
    • Journal of the Korean Society of Costume
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    • v.63 no.3
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    • pp.46-60
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    • 2013
  • With a goal of establishing a marketing strategy which allows businesses to hold a dominant position in beauty service industry, this study has attempted to investigate causal relations among behavioral intentions by customer satisfaction once service recovery strategy is recovered depending on customers' emotional responses against service failure. In order to provide relevant data to make correct decisions during management and marketing planning so that better customer satisfaction can be achieved in the beauty service industry, the results of the previous studies on service failure and recovery strategy in the beauty service industry have been examined. Then after selecting i) the efforts to recover service failure, ii) satisfaction after recovery and iii) behavioral intention after satisfaction as causal variables, the relation among these variables were verified using a structural equation model. As a result, an appropriate recovery strategy which is developed after service failure makes customers have positive behavioral intentions when customer satisfaction is achieved just as described in previous studies. Furthermore, it is a critical fact which helps businesses keep their customers in a mature market, where it is hard to attract new customers and create long-term profit. This study empirically supports information on how service failure and related variables occur in the beauty service industry. It is significant in that it has helped beauty service providers build service recovery-related strategies.

Extending SQL for Moving Objects Databases

  • Nam, Kwang-Woo;Lee, Jai-Ho;Kim, Min-Soo
    • Proceedings of the KSRS Conference
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    • 2002.10a
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    • pp.138-143
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    • 2002
  • This paper describes a framework for extending GIS databases to support moving object data type and query language. The rapid progress of wireless communications, positioning systems, and mobile computing devices have led location-aware applications to be essential components for commercial and industrial systems. Location-aware applications require GIS databases system to represent moving objects and to support querying on the motion properties of objects. For example, fleet management applications may require storage of information about moving vehicles. Also, advanced CRM(Customer Relationship Management) applications may require to store and query the trajectories of mobile phone users. In this trend, maintaining consistent information about the location of continuously moving objects and processing motion-specific queries is challenging problem. We formally define a data model and query language for mobile objects that includes complex evolving spatial structure, and propose core algebra to process the moving object query language. Main profit of proposed moving objects query language and algebra is that proposed model can be constructed on the top of GIS databases.

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A Study on Development of Lightweight Aggregate Using Industrial Wastewater Sludge (산업폐수 슬럿지를 이용한 경량골재 개발에 관한 연구)

  • Ko, Young-Min;Lee, Nae-Woo;Choi, Jae-Wook;Woo, Hee-Chul;Shin, Hack-Gi
    • Journal of the Korean Society of Safety
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    • v.17 no.1
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    • pp.72-78
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    • 2002
  • Among the disposal techniques of inorganic wastewater sludges from industries most of sludges were dealed with buring underground inefficiently. But we have tried to recycle the resources that exhausted inorganic sludges were properly blended to certain ratioes to make lightweight aggregate, that means manufacturing of it can be possible through blending of various components, drying, sintering, cooling and crushing to certain sizes that are needed by consumers. As disposal method of inorganic wastewater sludge is changed to environmentally fraternative method, this method could be very useful to make lightweight aggregates for decoration of building and the other so many purposes of those usages. That could be economically useful due to expected income for buring costs of ordinary disposal method form industries and sales income after manufacturing it. The second important profit is saving foreign currency from purchasing self-developed lightweight aggregate insteas of importing expensive foreign product. This product will be also very impressive to user because of the fraternative lightweight to be composed of apatite structure that is important part of human body.

Role and Prospective of Reference Standards for Integrity Controls of Large-scale Structure and Facilities (대형 설비/구조물 안전성에 있어서 국가참조표준의 역할과 전망)

  • Nahm, Seung-Hoon;Lee, Yun-Hee;Baek, Un-Bong;Chung, In-Hyun;Lee, Hae-Moo
    • Proceedings of the KSME Conference
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    • 2007.05a
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    • pp.84-89
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    • 2007
  • In order to guarantee the safety of the facility systems, one of the essential components is information on mechanical properties of materials used for the construction. However, acquisition or accumulation of the mechanical property data in industrial fields is limited because this operation does not yield profit, excepting few materials production companies. Corresponding to the urgent needs and poor economical features, the MOCIE has founded the National Center for Standard Reference Data in the KRISS and also designated the Data Center of Mechanical Properties for Metallic Materials (DCMP) as a principal operating section. The DCMP plays roles of collection, edition and evaluation of the mechanical data and development of reference standards. In this study, several functions of the DCMP and standardization procedures of mechanical properties data will be introduced the prospective of standard reference researches will be discussed based on active feedbacks from industrial fields.

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Integrated Inventory Allocation and Customer Order Admission Control in a Two-stage Supply Chain with Make-to-stock and Make-to-order Facilities (계획생산과 주문생산 시설들로 이루어진 두 단계 공급망에서 재고 할당과 고객주문 수용 통제의 통합적 관리)

  • Kim, Eun-Gab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.35 no.1
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    • pp.83-95
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    • 2010
  • This paper considers a firm that operates make-to-stock and make-to-order facilities in successive stages. The make-to-stock facility produces components which are consumed by the external market demand as well as the internal make-to-order operation. The make-to-order facility processes customer orders with the option of acceptance or rejection. In this paper, we address the problem of coordinating how to allocate the capacity of the make-to-stock facility to internal and external demands and how to control incoming customer orders at the make-to-order facility so as to maximize the firm's profit subject to the system costs. To deal with this issue, we formulate the problem as a Markov decision process and characterize the structure of the optimal inventory allocation and customer order control. In a numerical experiment, we compare the performance of the optimal policy to the heuristic with static inventory allocation and admission control under different operating conditions of the system.

An Al Approach with Tabu Search to solve Multi-level Knapsack Problems:Using Cycle Detection, Short-term and Long-term Memory

  • Ko, Il-Sang
    • Journal of the Korean Operations Research and Management Science Society
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    • v.22 no.3
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    • pp.37-58
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    • 1997
  • An AI approach with tabu search is designed to solve multi-level knapsack problems. The approach performs intelligent actions with memories of historic data and learning effect. These action are developed ont only by observing the attributes of the optimal solution, the solution space, and its corresponding path to the optimal, but also by applying human intelligence, experience, and intuition with respect to the search strategies. The approach intensifies, or diversifies the search process appropriately in time and space. In order to create a good neighborhood structure, this approach uses two powerful choice rules that emphasize the impact of candidate variables on the current solution with respect to their profit contribution. "Pseudo moves", similar to "aspirations", support these choice rules during the evaluation process. For the purpose of visiting as many relevant points as possible, strategic oscillation between feasible and infeasible solutions around the boundary is applied. To avoid redundant moves, short-term (tabu-lists), intemediate-term (cycle-detection), and long-term (recording frequency and significant solutions for diversfication) memories are used. Test results show that among the 45 generated problems (these problems pose significant or insurmountable challenges to exact methods) the approach produces the optimal solutions in 39 cases.lutions in 39 cases.

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