• The Journal of Industrial Distribution & Business
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• v.11 no.2
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• pp.25-31
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• 2020

Purpose: The AEO (Authorized Economic Operator) program, created in 2001 in the United States due to 9.11 terrorist's attack, fundamentally changed the trade environment. Korea, which introduced AEO program in 2009, has become one of the world's top countries in the program by ranking 6th in the number of AEO certified companies and the world's No. 1 in MRA (Mutual Recognition Agreement) conclusions. In this paper, we examined what trade-economic and non-economic effects the AEO program and its MRA have in Korea. Research design, data and methodology: In this study we developed a model to verify the impact between utilization of AEO and trade-economic effects of the AEO and its MRA. After analyzing the validity and reliability of the model through Structural Equation Model we conducted a survey to request AEO companies to respond their experience on the effects of AEO program and MRA. As a result, 196 responses were received from 176 AEO companies and utilized in the analysis. Results: With regard to economic effects, the AEO program and the MRA have not been directly linked to financial performance, such as increased sales, increased export and import volumes, reduced management costs, and increased operating profit margins. However, it was analyzed that the positive effects of supply chain management were evident, such as strengthening self-security, monitoring and evaluating risks regularly, strengthening cooperation with trading companies, enhancing cargo tracking capabilities, and reducing the time required for export and import. Conclusions: When it comes to the trade-economic effects of AEO program and its MRA, AEO companies did not satisfy with direct effects, such as increased sales and volume of imports and exports, reduced logistics costs. However, non-economic effects, such as reduced time in customs clearance, freight tracking capability, enhanced security in supply chain are still appears to be big for them. In a rapidly changing trade environment the AEO and MRA are still useful. Therefore the government needs to encourage non-AEO companies to join the AEO program, expand MRA conclusion with AEO adopted countries especially developing ones and help AEO companies make good use of AEO and MRA.

• Korean Journal of Construction Engineering and Management
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• v.20 no.2
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• pp.37-43
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• 2019

After the new standards for labor hours has been released, various problems come up in construction field, such as income reduction of employees, extension of construction period and increased construction cost. Although it is expected that the impact of the new standard on the construction industry is more worse than other industries form the view of productivity, not much works have been done to identify those impacts. Thus, this research proposes the standard construction processes, excavation cycle, and unit construction period for NATM tunnel project based on 'Construction Standard Production Rates.'The study also investigated the impact of reduced labor hours on the management of work crews, construction periods and costs of tunnel projects. The results showed that under the 52 labor hour standard, the construction periods for the excavation work and whole project was increased by 20% and 8.9%, respectively, but the construction costs for the excavation work and whole project was decreased by 1.4% and 0.6%, respectively.

• Proceedings of the KSR Conference
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• 2011.10a
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• pp.1743-1753
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• 2011

Seoul Metropolitan Government has performed alternative transit system, light rail transit(LRT), for settling the problems of urban public transit system based on conventional bus service and heavy rail transit(HRT). LRT projects of total 8 lines(about 73.6km), including Ui-Sinseol line, have been planned as Build-Transfer-Operate(BTO) projects. For the first LRT, Ui-Sinseol line, however, design of structure had met standard for design of HRT, because of no domestic design code for LRT when participates of Ui-Sinseol project submitted the design proposal. This case study reports a successful example of LRT design minimizing the scale of stations designed in base of HRT code. The problems, like oversized structures compared with LRT vehicles, excessive costs for construction, had been resolved through negotiations with the participates of Ui-Sinseol line. Result suggests that present and future costs for construction and maintenance of the LRT projects in Seoul be considerably reduced in advance.

• IE interfaces
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• v.15 no.1
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• pp.49-54
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• 2002

A bus scheduling problem with multiple objective functions and travel time constraint is to determine the allocation of buses to customer service requests minimizing the number of buses and travel costs under the travel time restriction for each bus. For the scheduling, we first represent the scheduling problem using a graph and develop a hierarchical approach. Second, we develop a mathematical model based algorithm for the scheduling problem including heuristic methods. We tested the performance of the algorithm on instances with real data. As a result, the total number of buses and travel costs are reduced over about 10% comparing with that of current practice at the company.

• Journal of Distribution Science
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• v.10 no.12
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• pp.19-24
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• 2012

Purpose - This paper discusses the heterogeneous fixed fleet vehicle routing problem with pick-up and delivery (HFFVRPPD), for vehicles with different capacities, fixed costs, and travel costs. Research Design, data, methodology - This paper made nine assumptions for establishing a mathematical model to describe HFFVRPPD. It established a practical mathematical model, and because of the non-deterministic polynomial-time hard (NP-hard), improved the traditional simulated annealing algorithm and tested a new algorithm using a certain scale model. Result - We calculated the minimum cost of the heterogeneous fixed fleet vehicle routing problem (HFFVRP) with a single task and, on comparing the results with the actual HFFVRP for the single task alone, observed that the total cost of HFFVRPPD reduced significantly by 46.7%. The results showed that the new algorithm provides better solutions and stability. Conclusions - This paper, by comparing the HFFVRP and HFFVRPPD results, highlights certain advantages of using HFFVRPPD in physical distribution enterprises, such as saving distribution vehicles, reducing logistics cost, and raising economic benefits.

• Journal of Korean Society for Quality Management
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• v.22 no.4
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• pp.132-151
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• 1994

Quality is a critical competitive factor in today's environment because of the impact of quality on market share, productivity and costs. Especially in Korean companies, the importance of quality is heightened as they are losing price competitiveness compared to the new industrialized countries. The traditional approach to quality improvement has been focused on workers. The primary means to achieving acceptable outgoing quality has been to inspect quality by adding more inspectors and inspection stations. This is an example of quality cost that can be reduced through the preventive actions against bad quality. Quality cost is best viewed as a measure of costs specifically associated with the achievement or nonachievement of product/service quality required by customers. This paper examines the concept of quality cost, provides guidance to implementing a quality cost system, and identifies the limitations of quality cost information. These limitations are the target for future research for an efficient and effective implementation of quality cost system.

• Bulletin of the Korean Chemical Society
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• v.31 no.11
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• pp.3291-3296
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• 2010

A gelastatins (1), natural MMP inhibitors, and their hydroxamate analogues (2) in TACE enzyme evaluated for discovery of potent TACE inhibitors. We have employed molecular dynamics simulations to compute the relative free energy of hydration and binding to TACE for gelastatin (1) and its hydroxamate analogue (2). The relative free energy difference is directly described in this article using the free energy perturbation approach as a means to accurately predict the TACE inhibitor of gelastatin analogues. The results show that the good agreement between the experimental and theoretical relative free energies of binding, gelastatin hydroxamate (2) binds stronger to TACE by -3.37 kcal/mol. The desolvation energy costs significantly reduced binding affinity, hydroxamate group associated with high desolvation energy formed strong favorable interactions with TACE with more than compensated for the solvation costs and therefore led to an improvement in relative binding affinity.

• Journal of Welding and Joining
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• v.12 no.1
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• pp.51-58
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• 1994

Amount of spatter, welding conditions and welding costs were investigated for MAG welding. $CO_2$, Ar+18%;$CO_2$ and Ar+8%$O_2$ were used for shielding gases. As results, arc characteristics and appropriate range for welding were obtained. Amount of spatter in Ar+18%$CO_2$ gas welding was 20% of that of $CO_2$ welding, and Ar+8%$O_2$ was 10% of that of $CO_2$ welding. Therefore by using Ar+18%$CO_2$and Ar+8%$O_2$ gases, welding costs could be reduced compared with $CO_2$ welding due to avoiding spatter.

• Journal of The Korean Society of Agricultural Engineers
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• v.50 no.4
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• pp.51-58
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• 2008

Unit costs for energy production in bioenergy facilities are dependent upon both fixed cost for facility construction and operational costs including biomass feedstock supply. With the increase of capacity, unit fixed cost could be decreased while supply cost tends to increase due to the longer transportation distance. It is desirable to take into account biomass availability in planning bioenergy facilities. A cumulative curve relationship was proposed to relate biomass availability and cumulative products of biomass amount and transportation distance. Optimum size of gasification facilities was affected by collection cost, biomass cumulative relationship. Based on biomass availability of Icheon-City, optimum sizes were about $400kW_{th}$ for gas production, and about $200kW_{el}$ for power generation. Unit cost of bioenergy production could be substantially reduced by reducing collection cost through supplying biomass from diverse sources including land development areas where significant amount of waste wood is generated. When planning bioenergy facilities, however, biomass availability and spatial distribution are key factors in determining the size of capacity.

• Journal of Information Processing Systems
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• v.18 no.2
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• pp.173-187
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• 2022

A special government agency has been charged with implementing quality management to guarantee the quality of wild-simulated ginseng. However, these processes are carried out by use of documents, and this has resulted in information omission and high document management costs. To solve this problem, this study analyzed the existing quality management process by using a smart contract for the existing offline form and proposed a new quality management system for storing and managing all log data in the blockchain. This system reduced documentation management costs about quality management and recorded information in the previous step through the quality management steps, thus forming a step-by-step record chain. Experiments were conducted by implementing this system, which improved data integrity and reliability. Additionally, sensitive information, such as personal information, was included in the system by use of the off-chain technology.