• Asian-Australasian Journal of Animal Sciences
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• 제28권8호
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• pp.1209-1215
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• 2015

Since lamb is a commodity, producers cannot control the price of the product they sell. Therefore, managing production costs is a necessity. We explored the study of elasticities as a tool for basing decision-making in sheep production, and aimed at investigating the composition and elasticities of lamb production costs, and their influence on the performance of the activity. A representative sheep production farm, designed in a panel meeting, was the base for calculation of lamb production cost. We then performed studies of: i) costs composition, and ii) cost elasticities for prices of inputs and for zootechnical indicators. Variable costs represented 64.15% of total cost, while 21.66% were represented by operational fixed costs, and 14.19% by the income of the factors. As for elasticities to input prices, the opportunity cost of land was the item to which production cost was more sensitive: a 1% increase in its price would cause a 0.2666% increase in lamb cost. Meanwhile, the impact of increasing any technical indicator was significantly higher than the impact of rising input prices. A 1% increase in weight at slaughter, for example, would reduce total cost in 0.91%. The greatest obstacle to economic viability of sheep production under the observed conditions is low technical efficiency. Increased production costs are more related to deficient zootechnical indexes than to high expenses.

• 전기학회논문지
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• 제58권4호
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• pp.708-717
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• 2009

Recently, Korea government decided to introduce RPS (Renewable Portfolio Standard) mechanism which requires electricity providers to gradually increase the amount of renewable energy sources such as wind, solar, bioenergy, and geothermal. As a consequence, it is expected that the long-term fuel mix would be changed to result in more expensive production and the increased production costs would be distributed to the rate payers via electricity tariffs. This paper presents the change in long-term fuel mix in year 2020 with the four RPS scenarios of 3%, 5%, 10% and 20%, and the methodologies for collecting the increased production costs through new tariff schedule. The studies on long-term fuel mix have been carried out with the GATE-PRO (Generation And Transmission Expansion Program) optimization package, a mixed-integer program developed by the Korea Energy Economics Institute and Hongik university. Three methodologies for distributing the production costs to the rate payers have also been demonstrated.

• East Asian Economic Review
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• 제24권4호
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• pp.389-416
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• 2020

This paper provides empirical evidence on the reorganization of GVCs in East Asia, highlighting that structural trends explain a decrease in the fragmentation of production after 2011 but that it is not the result of rising trade costs along the value chain. Using harmonized inter-country input-output tables, the paper first analyzes the global import intensity of production to document changes in the structure of GVCs. It then calculates theory-consistent bilateral trade costs for intermediate and final products using an approach derived from the gravity literature and introduces a new index of cumulative trade costs along the value chain. These data are used to discuss whether the decrease in global imports is the consequence of shifts in demand, efficiency-enhancing strategies of firms or rising trade costs. Between 2011 and 2016, cumulative trade costs have decreased in East Asian GVCs. However, as COVID-19 is likely to intensify trade and investment uncertainties, trade costs could increase in the future. Policies aimed at reducing uncertainties and preserving the gains from trade and investment liberalization will be key in this new environment.

• 한국산림과학회지
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• 제96권4호
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• pp.401-407
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• 2007

본 연구는 표고버섯 재배의 정책 자료를 제시하고자 표고버섯 주산단지의 재배농가 총 88호를 대상으로 표고버섯 재배에 대한 경제성을 분석하였다. 표고버섯 재배농가의 평균 생산비는 151,699원/100본으로 분석되었고, 이 가운데 중간재비가 56.0%, 노동비용이 41.8%를 차지하였다. 노동집약적인 표고버섯 산업의 특성상 노동투입량에 따라 평균 생산비는 최고인 충북지역과 최소인 경기지역 사이에는 37.2%의 큰 격차가 있었다. 평균 조수입은 178,627원/100본으로 평균 경영비 116,613원/100본을 제외하면 평균 소득은 62,014원/100본, 평균 소득률은 34.7%로 분석되었다. 생산량, 품등, 경영비 특히 노동비용의 차이 등에 의해 소득률이 최고인 전북지역과 최소인 경기지역 사이에는 15.8%포인트 격차를 보였다. 이러한 분석결과 국내 표고버섯 산업의 경쟁력 향상을 위해서는 생산비에서 가장 높은 비중을 차지하고 있는 조성비 및 노동투입비용 절감이 최우선 과제라 할 수 있다.

• 유통과학연구
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• 제14권10호
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• pp.147-152
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• 2016

Purpose - High quality films are affected by both the production stage and various variables such as the size of the movie investment and marketing that changes consumers' perceptions. Consumer preferences should be recognized first to ensure that the movie is successful. If a film is produced without pre-investigation and analysis of consumer demand and taste, the probability of success will be low. This study investigates the balance of production costs, marketing costs, and profits using game theory, suggesting an optimization strategy using the simplex method of linear programming. Research design, data, and methodology - Before the release of the movie, initial demand is assumed to be driven largely by marketing costs. In the next phase, demand is assumed to be driven purely by a movie's production cost and quality, which might also further determine consumer demand. Thus, it is essential to determine how to distribute pure production costs and other costs (marketing) in a limited movie production budget. Moreover, it should be taken into account how to optimally distribute under the assumption that the audience and production company's input resources are limited. This research simplifies the assumptions for large-scale and relatively small-scale movie investments and examines how movie distribution participant profits differ when each cost is invested differently. Results - When first movers or market leaders have to choose both quality and marketing, it has been proven that pursuing a strategy choosing only one is more likely than choosing both. In this situation, market leaders should maximize marketing costs under the premise that market leaders will not lag their quality behind the quality of second movers. Additionally, focusing on movie marketing that produces a quick effect while ceding creative activity to increase movie quality is a natural outcome in the movie distribution environment since a cooperative strategy between market competitors is not feasible. Conclusions - Government film development policy should ignore quality competition between movie production companies and focus on preventing marketing competition. If movie production companies focus on movie production quality improvement then a creative competition would ensue.

• 한국신재생에너지학회:학술대회논문집
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• 한국신재생에너지학회 2010년도 춘계학술대회 초록집
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• pp.228.2-228.2
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• 2010

In this work, the hydrogen production costs of the nuclear energy sources are estimated in the necessary input data on a Korean specific basis. G4-ECONS was appropriately modified to calculate the cost for hydrogen production of HTE process with Very High Temperature nuclear Reactor (VHTR) as a thermal energy source rather than the LUEC (Levelized Unit Electricity Cost). The general ground rules and assumptions follow G4-ECONS. Through a preliminary study of cost estimates, we wished to evaluate the economic potential for hydrogen produced from nuclear energy, and, in addition, to promptly estimate the hydrogen production costs for an updated input data for capital costs. The estimated costs presented in this paper show that hydrogen production by the VHTR could be competitive with current techniques of hydrogen production from fossil fuels if $CO_2$ capture and sequestration is required. Nuclear production of hydrogen would allow large-scale production of hydrogen at economic prices while avoiding the release of $CO_2$. Nuclear production of hydrogen could thus become the enabling technology for the hydrogen economy. The major factors that would affect the cost of hydrogen were also discussed.

• 한국수산과학회지
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• 제56권6호
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• pp.930-935
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• 2023

This study aimed to analyze the structure of the value chain of the olive flounder aquaculture industry to increase the value of this industry. Based on the value chain theory, olive flounder aquaculture industry activities were classified as primary and support activities. The primary activities included seed production, fish production, producer distribution, consumer distribution, and consumption. The support activities were production infrastructure, organization and specialization, R&D, and government policy. A survey was conducted on the costs of seed and fish production in the primary activities to investigate the business structure, and the distribution structure was analyzed to examine distribution costs and margins. In the support activities, the recent trends in R&D and government policy were mainly examined, based on which, a measure to reduce costs and maximize profits was suggested. It is necessary to reduce costs across the production processes by improving seed quality and reducing labor, feed, and management costs, which are strongly associated with support activities. Therefore, lowering costs will be possible in the olive flounder aquaculture industry when R&D outcomes, such as species development, feed quality improvement, and aquaculture system development, are stably diffused and applied in tandem with government policy regarding the industry.

• 한국경영과학회지
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• 제13권2호
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• pp.59-65
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• 1988

This paper discusses the problem of coordinating aggregate planning and production schedules, minimizing the combined set-up inventory and capacity costs. In this study, by using the relation of fixed production quantity and the number of set-up we develop a heuristirc procedure of solving the discrete demand, fixed production quantity, variable capacity problem. First, we obtain the trade-off between set-up cost and capacity cost, then search the point minimizing the combined inventory and capacity costs.

• 한국경영과학회지
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• 제10권2호
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• pp.15-23
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• 1985

A multi-product multi=facility production planning model is in which known demands must be satisfied. The model considers concave production costs and piecewise concave inventory costs in the introduction of production capacity constraints. Backlogging of unsatisfied demand is permitted. The structure of optimal production schedules is characterized and then used to solve an illustrative numerical problem.

• Journal of Forest and Environmental Science
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• 제32권2호
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• pp.173-181
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• 2016

This study designed a model of the efficient production schemes and raw materials transportation optimization of current South Korean's simple and monolithic distribution system of wood to build a SCM (supply chain management) as a basic level to establish a distribution of future by pellet production of raw materials costs and reduce transport costs, and specifically to forest of pallet to contribute to revitalizing the market. The result of each transportation costs after building the best transportation network from raw material supply area to demand area applying transport law was 964,600 thousands Won from 6 supply areas to 7 demand areas. And the result of each model's analysis to get the pellet's efficient production through production cost reduction showed that it reduced from 325,701 Won/t to 240,106 Won/t, results of existing efficient pellet for the production model 8,233 tons over 20,000 tons annual production capacity from the size of the expanded production capacity when the expansion. However, when the production size expanded to 50,000 Tons of the production, the effect was very small even though production cost decreased.