• Title/Summary/Keyword: Revenue

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A study on the Effect of Airport Privatization and Airport Revenue (공항민영화의 효과와 공항수익에 관한 연구;세계 주요공항의 운영 유형 변화를 중심으로)

  • Lee, Kang-Seok
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.6 no.1
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    • pp.125-145
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    • 1998
  • The term "Privatization" has a different meaning in different contexts and cultures. In this paper, the term "Privatization" in the context of airports is defined as the movement of an entity from the government sector to the private sector. This is the definition that is commonly employed in the U.S. Airport revenue can he divided into two sub-categories of aeronautical revenue and non-aeronautical revenue. At many of the major international airports, however, non-aeronautical revenue has been growing faster than the aeronautical revenue, contributing an increasingly larger share of the total revenue. And the best way to enhance simultaneously the airport operations. With the remarkable growth in the air traffic volume of pssengers and cargo. more and more mega-international airports have been built or are under construction. As the air transport demand is expected to increase at an even greater rate in the 21st century, new types of airports which will be free of current major problems. such as airport congestion and flight delays are badly needed.

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E-Ticketing System for the Increase of RZD Operation Revenue (RZD 수익증대를 위해 도입한 무인발권 시스템과 시사점)

  • Cho, Chi-Hyun
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.342-348
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    • 2009
  • Many rail operators have developed ticketing systems for the use of rail service and the increase of operation revenue by AIM, E-ticket and mobile tickets. Also they have operated rail pass for rail revenue by foreign tourists. Russian railways (RZD) has similar rail systems with CIS countries and sometimes same tickets. A few years ago, RZD introduced and operated E-ticketing system for the increase of passenger's convenience and operation revenue, and CIS countries have adopted and widely used this system. This study will introduce the revenue business by E-ticketing system of RZD, and forecast Russian railroad business in the future.

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Review of Revenue Sharing Contract: Evaluating its Role for Supply Chain Coordination

  • RYU, Chungsuk
    • The Journal of Industrial Distribution & Business
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    • v.13 no.3
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    • pp.1-12
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    • 2022
  • Purpose: The revenue sharing contract has been widely used in industries, and its ability to coordinate the supply chain system has been studied by numerous researchers. By reviewing the representative studies on the revenue sharing contract, this study intends to analyze the key features of this coordinating contract and identify its potential to be a more advanced coordination program than the original contract. Research design, data, and methodology: This study reviews past studies on the revenue sharing contract. The selected studies are investigated with a focus on how this contract is described to realize the supply chain coordination and the key issues that they address. Results: The literature review reveals that the revenue sharing contract requires standardized details about what and how to share. This study also finds additional issues that need to be addressed by researchers to improve this coordinating contract. Conclusions: Future researchers are advised to unify the detailed contents of the revenue sharing contract to confirm that it successfully coordinates the supply chain system. In addition, this study proposes key research issues that would enhance the role of revenue sharing contract as a supply chain coordination program.

Impact of Revenue Sharing Contract on the Performance of Vendor

  • Chungsuk RYU
    • The Journal of Industrial Distribution & Business
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    • v.14 no.9
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    • pp.21-30
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    • 2023
  • Purpose: Focusing on the role of the special contract to collaborate the supply chain operations, this study investigates how the revenue sharing contract affects the performance of Vendor Managed Inventory (VMI). Research design, data, and methodology: The optimization model is formulated to represent two stage supply chain system where the supplier and retailer manage the operations to maximize their own profits. Three supply chain models including the traditional system, VMI, and VMI with revenue sharing contract are compared in the numerical examples. Results: According to the numerical analysis, the entire supply chain system has greater profit under VMI than the traditional system, while VMI alone sacrifices the supplier's profit. With the proper sets of revenue share ratio and wholesale price discount rate, VMI with revenue sharing contract results in the increased profit for both supplier and retailer compared with VMI alone as well as the traditional system. Conclusions: The numerical examples imply that VMI, when it is combined with the revenue sharing contract, can be the effective collaboration program that satisfies every supply chain member. To make VMI with revenue sharing contract to be fair to all supply chain members, they need to agree on the appropriate contract content.

Evaluating the Performance of Revenue Sharing Contract in Three Stage Supply Chain System

  • Chungsuk RYU
    • Journal of Distribution Science
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    • v.22 no.1
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    • pp.95-103
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    • 2024
  • Purpose: Focusing on the complex supply chain operations beyond the simple dyadic relationship, this study evaluates the performance of the revenue sharing contract in three stage supply chain system. Research design, data, and methodology: The optimization model is developed to describe the supply chain system where one manufacturer, one wholesaler, and one retailer exist and pursue the maximum level of their own profits. In the numerical examples of the proposed supply chain model, two types of the revenue sharing contract, pairwise and spanning methods, are tested and their performances are compared with the traditional system. Results: The numerical analysis reveals that both types of the revenue sharing contract outperform the traditional system. All supply chain members can achieve the improved profits only when they determine the proper combination of revenue share ratios and price discount rates. Conclusions: This study finds out that both pairwise and spanning revenue sharing contracts can make the positive outcome that is acceptable to all members in three stage supply chain system. When the proper contract content is agreed among the supply chain members, the revenue sharing contract has the potential to be the practically feasible collaboration program for the multiple stage supply chain system.

Trend and Perception of Forest Revenue Generation in Akwa Ibom State, Nigeria

  • Nelson, Imaobong Ufot;Jacob, Daniel Etim;Udo, Enefiok Sunday
    • Journal of Forest and Environmental Science
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    • v.36 no.2
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    • pp.122-132
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    • 2020
  • The study examined revenue generation trend and perception of challenges facing it by forestry personnel in Akwa Ibom State, Nigeria. Data for the study was generated through primary and secondary sources. Primary sources involved the use of questionnaire which was administered to all Forest Officers and Uniformed Field Staff in all the 31 Forest Division and Headquarter in the state. Secondary sources involved collation of generated revenue from all the divisions for the study period. Data obtained were analyzed using descriptive and inferential statistics including Least square regression. The results indicated an increasing trend in forest revenue for the state statistically defined by the function y=45631x-900000000+e (p>0.05) with a coefficient of determination of 0.7492 or 74.92%. There was also a positive correlation (r=0.866) between generated revenue and year for the 20 years under review. The mean revenue was ₦4776247.00 with the highest generated revenue (₦9823550.00) in 2014. However, majority (55.13%) of the respondents perceived revenue generation in the state to be decreasing and attributed the decline majorly to lack of mobility (16.84%) and insufficient man power (15.79%). Attitude and level of offence in the study area was perceived to be fairly cooperative (62.81%) and high (43.80%), while recruitment of more personnel (11.05%) and provision of mobility (10.03%) was considered an effective means of improving revenue generation in the state. Also, educating the people and regular patrol by forest personnel was considered as the best ways of curtailing forest offences in the area. The study recommended increased allocation of funds to the sector in addition to tackling the challenges faced by the personnel.

Development of Revenue Change Index by New Highway Opening Under the Unified Revenue System (통합채산제하의 신규 고속도로 개통으로 인한 통행료수입 변동지표 개발)

  • JEON, Gyoseok;CHUNG, Woohyun;CHOI, Keechoo
    • Journal of Korean Society of Transportation
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    • v.33 no.3
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    • pp.247-255
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    • 2015
  • When the new highway is opened, the new highway has alternative or linkage relationship with current highway networks. This change will lead to the different traffic patterns which can also lead to the change of toll revenue in other surrounding highways. This study investigates the change of revenue on the current highway networks caused by the new highway opening under the unified revenue system. Moreover, this study calculates the effectiveness of the revenue fluctuation when the highway system is under controlled by the public or private institution and proposes the meaning of the revenue fluctuation to those institutions. This study also proposes an index of revenue change that could be used to reflect the individual project evaluation and set the priority between multiple projects. Some limitations and future research agenda have also been discussed.

An Investigation of the Relationship between Revenue Water Ratio and the Operating and Maintenance Cost of Water Supply Network (상수관망 유수율과 유지관리 비용의 관계 분석)

  • Kim, Jaehee;Yoo, Kwangtae;Jun, Hwandon;Jang, Jaesun
    • Journal of Korean Society on Water Environment
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    • v.28 no.2
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    • pp.202-212
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    • 2012
  • Due to the deterioration of water supply network and the deficiency of raw water, the water utility of local governments have performed various projects to improve their revenue water ratio. However, it is very difficult to estimate the cost for maintaining the revenue water ratio at higher level after completing the project, because local governments have different conditions affecting the operating and maintenance cost of water supply network. The purpose of this study is to present a procedure to estimate the operating and maintenance cost required to maintain the target revenue water ratio of the water supply network. For this purpose, we estimated the cost used only for operation and maintenance of water supply network of 164 local governments with the aid of K-Mean Clustering Analysis and the data from 40 representative local governments. Then, the regression analysis was performed to find relationship between revenue water ratio and the operating and maintenance cost with two different data sets generated by two classification methods; the first method classifies the local governments by means of k-means clustering, and the other classifies the local governments according to the index standardized by the operating and maintenance cost per unit length of water mains per revenue water ratio. The results shows that the method based on the index standardized by the cost and revenue water ratio of each government produces more reliable results for finding regression equations between revenue water ratio and the operating and maintenance cost only for water supply network. The estimated regression equations for each group can be used to estimate the cost required to keep the target revenue water ratio of the local government.

Revenue Management and It's Application to ISP Business (수익관리의 이해와 ISP사업에의 응용)

  • 윤문길;김후곤;윤덕영
    • Journal of Korea Society of Industrial Information Systems
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    • v.8 no.3
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    • pp.111-119
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    • 2003
  • The concept of revenue management have been used mainly in the service-industries like hotel and air transportation which handles perishable asset. Recently however, it is being increasingly applied to many other areas including travel, railway and medicine. This paper tries to introduce the concept into the internet business. Revenue management used in the service industry is a good system for the management of perishable asset. Internet business can be classified as various industries according to the characteristics of the individual companies. Contents providers and internet service providers are very similar to service industry, and revenue management system is suitable to them. This paper develops the ways to apply the revenue management concept to ISP business.

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Revenue Management Model for Internet Access Service (인터넷 접속서비스 사업의 수익관리모형에 관한 연구)

  • 윤문길;이필환
    • Korean Management Science Review
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    • v.19 no.1
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    • pp.143-162
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    • 2002
  • The concept of revenue management have been used widely In the hotel and all transportation industries, and considered as a good system for managing a perishable asset. Recently, its' application area is being increasingly expanded to service industries such as the travel, the railway, the Internet and the sport industries. Internet business can be classified into several groups according to the characteristics of the individual business. One of groups is Internet Access Servoce business which connects each users to the internet. In this paper, since internet Access Services (IAS) business has a similar property to the service Industry, we will apply a revenue management concept to It. With some modification of existing model developed by Subramanian et.al. for airlines, we suggest the revenue management model being applied to IAS business. Computational experiment shows that the Increase of the revenue Is up to 7% by appluing our model. It means our model has a potential to manage IAS business effectively.