• Title/Summary/Keyword: cost/benefit

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Partnership's Affect on Success of IT-Outsourcing (파트너십이 IT 아웃소싱의 성과에 미치는 영향)

  • Yeon, Keyong-Hwa
    • The Journal of the Korea Contents Association
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    • v.7 no.7
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    • pp.171-178
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    • 2007
  • In this paper the Partnership's Influence on the Success of IT-Outsourcing is studied. Especially the role of "Partnership" as Intermediate is mainly researched. As the result we can see the fact that the economic factor does not affect the Partnership and the success of IT-Outsourcing, because the IT-Outsourcing can cause sometimes the increase of the cost. On the other hand strategic factor and technical factor affect directly the Success of IT-Outsourcing. This means that the Success of IT-Outsourcing depends on the close cooperation between customer and service provider, rather than on the following the contents of the Service Level Agreement(SLA). In consequences the Partnership based on the steady and fluent communication and the feeling of sharing the risk and benefit between two parties is the key factor for the Success of IT-Outsourcing.

Accelerating Keyword Search Processing over XML Documents using Document-level Ranking (문서 단위 순위화를 통한 XML 문서에 대한 키워드 검색 성능 향상)

  • Lee, Hyung-Dong;Kim, Hyoung-Joo
    • Journal of KIISE:Databases
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    • v.33 no.5
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    • pp.538-550
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    • 2006
  • XML Keyword search enables us to get information easily without knowledge of structure of documents and returns specific and useful partial document results instead of whole documents. Element level query processing makes it possible, but computational complexity, as the number of documents grows, increases significantly overhead costs. In this paper, we present document-level ranking scheme over XML documents which predicts results of element-level processing to reduce processing cost. To do this, we propose the notion of 'keyword proximity' - the correlation of keywords in a document that affects the results of element-level query processing using path information of occurrence nodes and their resemblances - for document ranking process. In benefit of document-centric view, it is possible to reduce processing time using ranked document list or filtering of low scored documents. Our experimental evaluation shows that document-level processing technique using ranked document list is effective and improves performance by the early termination for top-k query.

The Feasibility Study of a Light Rail Transit Development (경량전철 개발에 따른 경제적 파급효과 분석 연구)

  • Nam, Doo-Hee;Lim, Kwan-Su;Lee, Jin-Sun
    • Journal of the Korean Society for Railway
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    • v.13 no.1
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    • pp.119-124
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    • 2010
  • Light rail is an electric railway system, characterized by its ability to operate single or multiple car consists (trains) along exclusive rights-of-way at ground level, on aerial structures, in subways or in streets, able to board and discharge passengers at station platforms or at street, track, or car-floor level and normally powered by overhead electrical wires. Depending upon the specific system, the light rail lends some major advantages to urban settings. The evaluation of light rail technology as a potential component of regional transit systems has been the subject of extensive studies throughout the country in the past decade. For the study, feasibility was defined as "the ability of an LRT system to achieve certain level of transportation market in comparison with other transportation alternatives." This paper describes the feasibility study to evaluate a proposed light rail development project. The minimum are those LRT systems that would met to make a project feasible for further evaluation.

Effects of Preoperative Autologous Blood Donation in Patients Undergoing Minimally Invasive Cardiac Surgery

  • Lim, Mi Hee;Je, Hyung Gon;Ju, Min Ho;Lee, Ji Hye;Oh, Hye Rim;Kim, Ye Ri
    • Journal of Chest Surgery
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    • v.52 no.6
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    • pp.385-391
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    • 2019
  • Background: Preoperative autologous blood donation (PABD) is a conservation strategy for reducing allogenic blood transfusion (ABT) during minimally invasive cardiac surgery (MICS). We aimed to evaluate the effects of PABD on the frequency of ABT and clinical outcomes in patients undergoing MICS. Methods: We enrolled 113 patients (47.8±13.1 years, 50 men) undergoing MICS without preoperative anemia (hemoglobin >11 g/dL) between 2014 and 2017. Of these patients, 69 (the PABD group) donated autologous blood preoperatively and were compared to the non-PABD group (n=44). We analyzed the frequency of perioperative ABT and clinical outcomes. Results: Baseline characteristics did not significantly differ between groups, although preoperative hemoglobin levels were lower in the PABD group. All operations were performed using a minimally invasive approach. Patients' surgical profiles were similar. There were no cases of mortality or significant differences in early postoperative outcomes. During the early postoperative period, hemoglobin levels were higher in the PABD group. No significant difference was found in the frequency of ABT. Conclusion: Although the PABD group had higher postoperative hemoglobin levels, there was no clear clinical benefit in the early postoperative period, despite a great deal of effort and additional cost. Additional PABD in the setting of strict policies for blood conservation was ineffective in reducing ABT for young and relatively healthy patients who underwent MICS.

Estimation of Household's Willingness to Pay for Ground Water Pollution Improvement (지하수오염 개선에 대한 지불의사액 추정)

  • Yoo, Seung-Hoon;Lee, Joo-Suk
    • Journal of Korea Water Resources Association
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    • v.43 no.9
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    • pp.835-842
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    • 2010
  • This paper attempts to examine households' willingness to pay (WTP) for ground water pollution improvement which can be used in cost-benefit analysis on the project for developing the soil pollution control technique. We applied a contingent valuation (CV) method to obtain at least a preliminary evaluation of the WTP. The CV survey was rigorously designed to comply with the guidelines for best-practiced CV studies. We surveyed a randomly selected sample of 500 households in Seoul metropolitan area and asked respondents questions in person-to-person interviews about how they would be willing to pay for the program. Respondents overall accepted the contingent market and were willing to contribute a significant amount (1,195 to 1,552 won), on average, per household per year. The aggregate value of the project for developing the soil pollution control technique amounts to approximately 20.3 billion won per year. The household values can be the benefits that ensue from the project and compared with the costs of the program to determine whether the project is economically desirable.

Location Decisions of Startups and Dynamics of Cluster Growth (기업가의 창업위치선택과 클러스터의 성장동력: 바이오벤처의 창업을 중심으로)

  • Sohn, Dong-Won
    • Journal of Technology Innovation
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    • v.17 no.1
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    • pp.69-95
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    • 2009
  • This paper examines the motives for location decisions of startups and dynamics of cluster growth. Because the location decision is intrinsically strategic choice by entrepreneurs, it is an interplay of three critical forces; cost-benefit of the choice, R&D ability of new entrants, and R&D capability of incumbents in clusters. The effect of knowledge spillovers influences the cluster growth like a double-edge sword; both a positive effect of technology learning and a negative effect of knowledge de-learning. Using data on 710 bio-tech venture firms in Korea, this paper tests the hypotheses about the factors influencing the growth of the cluster. The empirical analyses suggested that early entrepreneurial activity in the clustered regions were important, however other factors such as the organizational legacy, internal dynamics inside a cluster, and the existence of cooperation norm in the cluster, affected long term viability of the cluster.

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Optimal Design Of Batch-Storage Network with Financial Transactions and Cash Flows (현금흐름을 포함하는 회분식 공정-저장조 망구조의 최적설계)

  • ;Lee, Euy-Soo;Lee, In-Beom;Yi, Gyeong-Beom
    • Journal of Institute of Control, Robotics and Systems
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    • v.11 no.11
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    • pp.956-962
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    • 2005
  • This paper presents an integrated analysis of production and financing decisions. We assume that a cash storage unit is installed to manage the cash flows related with production activities such as raw material procurement, process operating setup, Inventory holding cost and finished product sales. Temporarily financial investments are allowed for more profit. The production plant is modeled by the Batch-Storage Network with Recycle Streams in Yi and Reklaitis (2003). The objective function of the optimization is minimizing the opportunity costs of annualized capital investment and cash/material inventory while maximizing stockholder's benefit. No depletion of all the material and cash storage units is major constraints of the optimization. A novel production and inventory analysis formulation, the PSW(Periodic Square Wave) model, provides useful expressions for the upper/lower bounds and average level of the cash and material inventory holdups. The expressions for the Kuhn-Tucker conditions of the optimization problem can be reduced to two subproblems and analytical lot sizing equations under a mild assumption about the cash flow pattern of stockholder's dividend. The first subproblem is a separable concave minimization network flow problem whose solution yields the average material flow rates through the networks. The second subproblem determines the decisions about financial Investment. Finally, production and financial transaction lot sizes and startup times can be determined by analytical expressions as far as the average flow rates are calculated. The optimal production lot and storage sizes considering financial factors are smaller than those without such consideration. An illustrative example is presented to demonstrate the results obtainable using this approach.

A Study on the Building of Korea-USA FTA Business Model for Food Industries in Korea (우리나라 식품산업의 한-미 FTA 비즈니스 활용전략 및 모델 구축에 관한 실증연구)

  • Kim, Tae-In
    • International Commerce and Information Review
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    • v.15 no.2
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    • pp.317-344
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    • 2013
  • This study wished to construct and propose correct Korea-USA FTA business model in Food Industry for FTA practical use maximization. First, the application item of Wholly Obtained Criterion may have to construct Wholly Obtained Criterion FTA practical use strategy. This strategy is to export to FTA country concerned after process domestically made main material. Second, the application item of Change in Tariff Heading may have to construct Change in Tariff Heading FTA practical use strategy. This strategy exports to FTA country concerned after that process that receives tariff cut(Cost reduction) benefit, and satisfies Change in Tariff Heading importing main material from third country (The FTA conclusion country).

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The Pseudo-Dynamic Test for the Seismic Retrofit System Utilizing Existing Bridge Bearings (교량의 기존 받침을 활용하는 내진보강시스템의 유사동적 실험)

  • Kwahk, Im-Jong;Cho, Chang-Beck;Kim, Young-Jin;Kwark, Jong-Won
    • Journal of the Earthquake Engineering Society of Korea
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    • v.11 no.1 s.53
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    • pp.21-27
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    • 2007
  • In this study, an approach that installs seismic isolation bearings was proposed for the seismic retrofit of the existing bridges. The method that replaces all existing bearings with seismic isolators was proposed already. However, in this study, we recommend to utilize the existing bearings for the benefit of safety and cost. According to our proposal, the seismic isolators do not support vertical loads but they Just function as the period shifter and the horizontal damper. To verify this approach experimentally, the real scale bearings and lead rubber bearings far the real highway bridges were designed and fabricated. And the responses of this isolated bridges to the assumed earthquakes were determined by the pseudo dynamic test scheme. The test results were also compared to the responses computed by the well known structural analysis software to check the reliability of the test. From the test results, we found that the retrofitted bridges using the proposed method showed stable performances under earthquakes.

A Theoretical Analysis of International Civil Aviation Organization (국제민간항공기구의 이론적 고찰)

  • Kim, Kwan-Ok
    • The Korean Journal of Air & Space Law and Policy
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    • v.14
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    • pp.151-174
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    • 2001
  • Theories of international organization have explained the creation, maintenance, and decline of international organization. However, their explanations on changes of international organization have been much more different one another. For example, the theory of hegemonic stability argues that international organization can be created and maintained only by a hegemonic state and will be declined if the hegemonic state decline. On the other hand, the functional approach believes that the positive functions and effects that international organization provides motivate states to create and maintain the organization, while the game-theoretical approach explains international organization based on cost-benefit calculation of rational states. Thus, the empirical evaluation of the arguments of the theories of international organization and defining the major factors that determine international organization are necessary not only for the development of theories of international organization but also for making desirable policies toward international organization. For the purpose, this paper compares and contrasts the three major theories of international organization and applies the approaches to the case of the International Civil Aviation Organization (ICAO) to test their arguments. Since the ICAO has been rarely examined by the theories of international organization, the case study could be desirable case to evaluate theories of international organization. In this sense, this paper attempts to define the major factors that determine the creation, maintenance, and decline of the ICAO. In particular, since the Korean government has changed its policy for air transport security system recently, it will investigate the role of ICAO on the policy change to define the limits and strength of ICAO. In conclusion, this paper will assess the relative explanatory power of each approach based on the analysis of the creation and changes of ICAO

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