• Proceedings of the KIEE Conference
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• 2001.11b
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• pp.192-194
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• 2001

The Transmission network provides physical transport, network security, and connection services. The five principles of Transmission pricing are economic efficiency, cost recovery, efficient regulation, simplicity and transparency, non-discrimination. The Transmission Charges are made up of transmission connection charge and transmission charge of network. The Transmission Losses will be considered through Marginal Transmission Loss Factors in the market operation. The transmission loss rentals are used for the reduction of the annual revenue requirement of the transmission network for the purpose of derivation of transmission use of network charge.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1447-1457
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• 2008

The operation of the Seat-type Express Electric railway (SEE) has been watched for an alternative plan according to the increase of competition among the vehicle in metropolitan city. The purpose of this study was to examine a feasibility for the adoption of the SEE by analysis of various condition in the double tracked Souel-Chuncheon line. Fare estimate, station selection for SEE, managerial plan, demanding forecasting and analysis were performed to compute financial efficiency. The results showed financial validity on Revenue Cost Ratio (R/C), Financial Net Present Value (FNPV), Financial Internal Rate of Return (FIRR). This results indicate the evidence that SEE is a new means which is able to complement for finance, transportation capacity in metropolitan city.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 1999.10a
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• pp.19-33
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• 1999

This paper is concerned with developing a standard costing model based on the case study of PECT and GCT and analysing their profitability in order to improve operation efficiency and design business strategy. In doing so, the model can be a useful tool to analyze current calculation system of lease charge at the two terminals and to judge whether the level of lease charge currently applied to them is justifiable for their profitability. This paper also deals with break-even analysis of container terminal operating companies on the basis of the model and forecast of their profitability. On the top of that, it tries to look into the arguments and to suggest proposals for improving their profitability.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.418-425
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• 2022

For a commercial building, property managers play an important role in maximizing the benefit by reducing cost and increasing revenue in the operation and maintenance phase of the building. However, most of property managers are spending their time in monitoring facility managers who have little impact on cost reduction and maximization of operating profit. The industry practitioners have difficutlty in increasing the efficiency of thier work due to this work environment. In addition, both property managers(PMr) and facility managers(FMr) are dependent on the paper drawings and manuals, which can worsen the inefficiency and human errors are inevitable. This study aims to contribute to improvement of the current practice by developing a novel algorithm that autmatically links the facility information with 3D model, which can provide an efficient property management for commercial buildings.

• Proceedings of the Korean Society of Computer Information Conference
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• 2022.07a
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• pp.603-605
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• 2022

현재 세계적으로 e스포츠 시장의 규모가 꾸준히 성장하고 있지만 프로 e스포츠 구단부터 e스포츠 이벤트 대행사까지 각종 e스포츠 유관 기업들은 산업 규모에 걸맞는 수익을 창출 하기는 커녕 오히려 적자를 기록하는 경우를 더욱 자주 찾아볼 수 있다. 이러한 상황 속에서 사업적 다각화를 위해 프로 선수들을 주류로 다루는 e스포츠 산업뿐만 아니라 다양한 아마추어 e스포츠 산업을 다루는 사업 모델 또한 주목을 받고 있다. 본 논문에서는 그 중 각종 논-엔데믹 기업 내에서 진행되고 있는 사내 e스포츠 토너먼트들이 업무 효율성에 얼마나 긍정적인 영향을 미치는지에 대해 연구함으로서 새로운 수익 모델에 대한 검증, 더 나아가 사업 타당성에 대해 검토해 보도록 한다.

• International journal of advanced smart convergence
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• v.13 no.2
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• pp.265-275
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• 2024

Smart factory is a remarkable development from traditional manufacturing systems to data-based smart manufacturing systems that can connect and process data continuously, collected from machines, production equipment to production and business processes, capable of supporting workers in making decisions or performing work automatically. Smart factory is the key and center of the fourth industrial revolution, combining improvements in traditional manufacturing activities with digital technology to help factories achieve greater efficiency, contributing to increased revenue and reduce operating costs for businesses. Besides, the importance of smart factories is to make production more quality, efficient, competitive and sustainable. Businesses in Vietnam are in the process of learning and applying smart factory models. However, the number of businesses applying the pine factory model is still limited due to many barriers and difficulties. Therefore, in this paper we conduct a survey to assess the needs and current situation of businesses in applying smart factories and propose some specific solutions to develop and promote application of smart factory model in Vietnamese businesses.

• Korean Journal of Clinical Pharmacy
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• v.26 no.3
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• pp.230-237
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• 2016

Background: Since the use of opioid analgesics is frequent in operation rooms (OR), the risk of medication error is high; however the use of medication in the OR has been operating independently with the hospital pharmacy. Therefore, the assessment on management of medication use in operation and the pharmacist's role is needed. Methods: We conducted the literature review and survey from anesthesiologists, operating nurses at Chung-Ang Hospital on management of medication for operation use, awareness on need for medication management efficiency, need for satellite pharmacy in the operating room and its effect. Results: 56% of medical staffs responded that management of medication in the operating room is efficient; however, 82.6% responded that they felt the inconvenience in medication delivery to the OR when additional prescription was ordered. 51.5% also responded that extra time was required for management of narcotics and inventory/record keeping. 80% agreed that there could be lost costs due to prescription missed. Medical staffs responded improving the drug management system could increase the OR efficiency (87%), and eventually bring the increase in hospital revenue (80.4%). Those who responded that implementation of OR satellite pharmacy was needed include physicians (84.6%), nurses (63.6%), and also responded that it'd bring more profit to the hospital by increasing the efficiency in OR (60.9%). Conclusion: For efficient management of medications, implementation of OR satellite pharmacy would lead to improved drug management and increased efficiency in OR and reduced cost and improved patient care.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.46 no.5
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• pp.436-444
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• 2018

The purpose of this research is to assess the efficiency of the airline's route. The revenue source of low cost airline carriers is not various unlike regular airline carriers, because they are operating only domestic and international flights for a country of close proximity. In particular, domestic low-cost airlines in Korea can't provide cargo transport services but rely on passengers and additional services to generate profits. Therefore, it is absolutely important to maintain a low cost and effective passenger transport line. This study will suggest the way to improve efficiency of route operated by low-cost airlines. Analysis method is DEA. The input parameters and output results were selected by existing research. Based on the results of this study, it will be able to assist establishing routes and selling strategies of the low-cost airlines.

• Journal of the military operations research society of Korea
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• v.35 no.2
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• pp.99-117
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• 2009

Energy is essential factor of production for a firm to produce goods and services. If so, what is the condition of maintaining profit of a firm when energy price is going up? In conclusion, the condition is that the rate of productivity improvement should be greater than the rate of energy price increase. To put this concretely, when the elasticity of energy price as to the productivity improvement is greater than the weight of the energy cost on to the total revenue of the firm, the firm can escape the negative effect of energy price increase. This is that, saying that once more, the firm have to reduce the energy cost or promote energy efficiency to maintain appropriate or sufficient profit when energy price is going up fast. Therefore, in this study we will analyze the effect of the oil price increase on the energy saving investment and that of energy saving investment on the energy efficiency in the field of Korean manufacturing industry. In doing so, this study could show that the effect of energy price increase on the energy efficiency of the firm and the factor of that mechanism.

• Journal of Korea Trade
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• v.23 no.5
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• pp.45-65
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• 2019

Purpose - As the well-known Structure-Conduct-Performance paradigm implies, risk structure of a corporation may affect its risk management activity and the activity may in turn determine its performance. Depending on its goal, Foreign Direct Investment (FDI) can shape its risk structure, risk management and its performance. Under this assumption, we investigate the relationship between the goals of FDI and risk management for the first time in academics. Design/methodology - This empirical research uses a survey of 279 current Korean enterprises' FDIs in China with the recently developed business risk quadrant model. Companies are classified into either a market- or an efficiency-seeking group, to identify how each group perceives and manages risks, and values the performance of risk management. Also, we apply integrated risk management method that multinational corporations have introduced in China, then verify the mediating effect between risk factors and performance. Findings - Our research shows the FDIs can expose themselves to differing risk structure although risk management activities simply represent the level of empowerment given to local management by headquarter due to limit of sample size despite diversity of risk and risk management tools. To sum, market seekers are found to have more strategic risk (revenue related risk) than efficiency seekers with financial risk (cost related risk). The market seekers can manage their risk by empowering their local organisation while the efficiency does the opposite ways. The risk management appears to be successful in general. Originality/value - Previous studies on small and medium enterprises' FDIs to China have concentrated on the analysis of entry determinants, withdrawal factors and individual risk management. Meanwhile, this research establishes enterprise-wide risk factors faced by the companies that advance into China, according to the method of the classification by ERM and verifies if they could synthetically improve performance through risk corresponding measures.