• 한국경영과학회지
• /
• 제39권2호
• /
• pp.21-35
• /
• 2014

As productions and deliveries of multiple products to multiple marketplaces have been increasingly popular, supply chain flexibility, which refers to an ability to deal with demand and capacity uncertainty, becomes an important issue in supply chain management. However, logistics costs have been largely neglected in the literature on supply chain flexibility structure. In this paper, we propose mathematical models to investigate the impact of the logistics costs on the optimal flexibility structure. We also conduct a simulation study and observe that logistics costs have a significant impact on the decision on supply chain flexibility structure. Such conclusion is also supported by the case study of a global car manufacturer, Honda Motors.

• 한국시뮬레이션학회논문지
• /
• 제11권2호
• /
• pp.55-66
• /
• 2002

VHDL has been. widely used in modeling and simulation of hardware designs. However, complex relationship between components of the designs makes the VHDL modeling problem very difficult. Furthermore, after the initial creation of VHDL models, they evolve into many versions over their lifetime. To cope with such difficulties, this paper proposes a new methodology for the management of VHDL models supporting versions. Its conceptual bases are system entity structure and relational database. Within the methodology, a family of hierarchical structures of a design is organized in the form of VHDL model structure. It is, in turn, represented in the form of relational tables. Once the model structure is built in such a way, a specific simulation model which meets design objective is pruned from the model structure. The details of VHDL codes are systematically synthesized by combining it with the primitive models in a model base. These algorithms are also defined in terms of relational algebraic operations.

• Journal of Information Technology Applications and Management
• /
• 제10권2호
• /
• pp.1-18
• /
• 2003

Recently, e-business has very much attention in the management fields because it is expected to fundamentally change the way many business compete. Business that don't understand the changes and that can't change their operating model in time will be at a disadvantage. Information technology infrastructure and its management are key components of e-business The purpose of this study was to investigate the effects of information technology infrastructure and its management to the type of information systems used and the use of e-business. A total of 56 Korean firms responded to the survey instrument. There was indirect effect to the use of e-business from the information technology structure via communication capacity and direct effect from management type. The study also found that firms with less centralized forms of information technology were more frequent users of e-business, Firms that have more freedom in information technology decision making tended to be users of the new technology and take advantage opportunities that exits on the information technology.

• 한국병원경영학회지
• /
• 제6권2호
• /
• pp.156-172
• /
• 2001

Financial ratio indicators of the 73 sample hospitals provided by the Korea Hospital Association in 1998-1999, together with the data by the Korea Health Industry Development Institute in 1007, were analysed to identify the financial structure and managerial performance of the profit/loss-making hospitals under the IMF. The major findings of this study were as belows. 1. Among the general characteristics, there was a statistical significance in the hospital location and the number of operating beds between profit-making hospitals and loss-making hospitals. 2. Financial ratio indicators of the profit-making hospitals were better than those of the loss-making hospitals. 3. Financial ratio indicators, including Liquidity, Performance Indicators and Growth Rate Indicators of profit-making hospitals, were better than those of loss-making hospitals except for Turnover Ratios under the IMF economic impasse.

• KIEAE Journal
• /
• 제7권5호
• /
• pp.107-114
• /
• 2007

This study purposed to review the alternative criteria for preserving urban scenic view and establishing its management methods by selecting preliminary viewpoints to preserve the views of woomyeon mountain. The contents of this research consists of the representative urban scenic view by analyzing its viewpoints and landscape preference. For this study, seventeen preliminary viewpoints were selected, the ratio of visual structure was calculated by types of landscapes and an analysis was conducted on landscape preference through a questionnaire survey to draw results. Conclusively, various side studies through statistical method for characteristic analysis with preference elements about viewpoint and visual structure for urban landscape management. This research will contribute to management on objective point of view in environmentally friendly urban landscape planning.

• 국제학술발표논문집
• /
• The 6th International Conference on Construction Engineering and Project Management
• /
• pp.744-745
• /
• 2015

Since the G20 summit in 2011, South Korea who was dependent on foreign energy needs of 97% receives natural gas from Russia from 2015 to 30 years, but South Korea is a situation of scarce experience and skills of pipeline project in permafrost area. In this study, we kept the target for analyzing the data and information flow of the pipeline projects in permafrost area, and the ultimate goal is set to developing the hierarchy structure of design and construction data for an efficient administration of the project. In order to develop that structure, Configuration Management was introduced and through this method, it is expected to be used to build the overall information management system in O&M phase.

• Industrial Engineering and Management Systems
• /
• 제9권2호
• /
• pp.97-106
• /
• 2010

Can eBay.com's fee structure coordinate the channel? It's a critical strategic problem in e-commerce operations and an interesting research hypothesis as well. eBay's fees include three parts: monthly subscription fee, insertion fee, and final value fee (i.e., a revenue sharing portion), which represent a generic form of revenue sharing fee structure between the retailer and the vendor in a supply chain. This research deals with such a channel consisting of a price-setting vendor who sells products through eBay's marketplace exclusively to the end customers. The up- and down-stream channel relationship is consignment-based revenue sharing. We use a game-theoretic approach with assumption of the retailer (i.e., eBay.com) being a Stackelberg-leader and the vendor being a follower. The Stackelberg-leader decides on the terms of revenue sharing contract (i.e., fee structure), and the follower (vendor) decides on how many units to sell and the items' selling price. This study formulates several profit-maximization models by considering the effects of the retail price on the demand function. Under such settings, we show that eBay's fee structure can improve the channel efficiency; yet it cannot coordinate the channel optimally.

• The Journal of Asian Finance, Economics and Business
• /
• 제6권3호
• /
• pp.67-79
• /
• 2019

This study examines the impact of corporate governance on capital structure decisions based on a large panel of Chinese listed firms. Using the system Generalized Method of Moments (GMM) estimator to control for unobserved heterogeneity, endogeneity, and persistency in capital structure decisions, we document that the ownership structure plays a significant role in determining leverage ratios. More specially, we find that managerial ownership has a positive and significant impact on firms' leverage, consistent with the incentive alignment hypothesis. We also find that managerial ownership only affects the leverage decisions of private firms in the post-2005 split share reform period. State ownership negatively influence leverage decisions implying that SOEs may face fewer restrictions in equity issuance and may receive favourable treatments when applying for seasoned equity ¿nancing, thus use less debt. Furthermore, our results show that while foreign ownership negatively influences leverage decisions, legal person shareholding positively influences firms' leverage decisions only for state controlled firms. We also find that the board structure variables (board size and the proportion of independent directors) do not influence firms' capital structure decisions. Our findings suggest that recent ownership reforms have been successful in terms of providing incentive to managers through managerial shareholdings to take risky financial choices.

• Environmental Engineering Research
• /
• 제21권4호
• /
• pp.409-419
• /
• 2016

As a major energy consumption province, the issue about the carbon emissions in Hebei Province, China has been concerned by the government. The carbon emissions can be effectively reduced due to a more rational energy consumption structure. Thus, in this paper the constraint of low carbon emissions is considered as a foundation and four energies--coal, petroleum, natural gas and electricity including wind power, nuclear power and hydro-power etc are selected as the main analysis objects of the adjustment of energy structure. This paper takes energy cost minimum and carbon trading cost minimum as the objective functions based on the economic growth, energy saving and emission reduction targets and constructs an optimization model of energy consumption structure. And empirical research about energy consumption structure optimization in 2015 and 2020 is carried out based on the energy consumption data in Hebei Province, China during the period 1995-2013, which indicates that the energy consumption in Hebei dominated by coal cannot be replaced in the next seven years, from 2014 to 2020, when the coal consumption proportion is still up to 85.93%. Finally, the corresponding policy suggestions are put forward, according to the results of the energy structure optimization in Hebei Province.

• 산경연구논집
• /
• 제5권2호
• /
• pp.13-20
• /
• 2014

Purpose - The purpose of this study is to empirically investigate the impact of capital structure on firm performance. Research design, data, and methodology - This study examined the impact of capital structure on the performance of cement companies listed on the Karachi Stock Exchange during the period 2009-2013. The authors hypothesize that there is a negative relationship between capital structure and firm performance. To examine the association, the authors run a Pearson correlation and multiple regression analysis. Results - Results reveal a strong negative relationship between debt to asset and firm performance variables (GPM, NPM, ROA, and ROE). Further, there is a positive relationship between debt to equity and firm performance variables (GPM and NPM), anda negative relationship between debt to equity and firm performance variables (ROA and ROE). Moreover, capital structure variables significantly impact firm performance. Conclusions - This study concluded that financial analysts and managers should emphasize on the optimal level of capital structure and efficient utilization and allocation of resources to achieve the targeted level of productive efficiency in business.