• Asian Journal of Business Environment
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• v.5 no.1
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• pp.37-41
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• 2015

Purpose - The study was designed to explore and examine the business relationships of the owners and the employees of Market Basket to analyze the implications of their recent turbulence and decisions. This article focused on two issues - business profit and labor union - to describe the uniqueness of this case. Design, methodology, data, and approach - This article, based on its purpose, applied all three approaches of case studies that are identified and described by Stake (1995), instrumental, intrinsic, and collective, to present the core nature of the issue and to improve and gain a clear understanding of this particular phenomenon. Results - The analysis of this case clearly indicates that seemingly dichotomous concepts of profit and employee welfare are not necessarily antithetical to each other Conclusions - The instant case of Market Basket serves as a testimonial for the rejection of the basic premises of corporate profits and labor unions. This case serves as a model and a practical example for many large retailers, especially the family operated retailers, and workers throughout the world.

• Journal of Korea Society of Digital Industry and Information Management
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• v.11 no.4
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• pp.165-175
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• 2015

Based on reviewing the literature and statistical year books on current projects that are targeting Industry 4.0 and Smart Factory, this paper aims to show concepts of Industry 4.0, and Smart Factory. Also it shows 5 projects for Industry 4.0 led by governments that worry over their low employment and productivity in main industrialized countries: Germany, China, Japan, the USA, and Korea. In addition it presents some problems which are very important but easy to be overlooked, especially on employment, and it makes three suggestions to solve employment problems. First, government should tax the profit which a company makes on reducing workers in spite of a high rate of profit through technology innovation. Second, to help small businesses to last longer, government should link major companies and small companies. Third, government, academic circles and the industrial world should take part in configuring consortia like American "Industry talent Consortium" to cultivate IT Talent.

• Journal of Family Resource Management and Policy Review
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• v.3 no.2
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• pp.77-89
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• 1999

This study examines managerial aspects of the institutional household(IH) whose importances become crucial in modern society. To analyze idiosyncratic managerial characteristics of the IH, the study delves into three aspects of IH in comparison with other organizations such as family, public organizations, for-profit organizations. The comparison is done in the reference of $\circled1$ conceptual elements, $\circled2$ general managerial settings, and $\circled3$ practical managerial processes including planning, organizational, personnel and human resources development, and finacial management. The analysis shows us that the IH possesses both common and unique characteristics and needs to develop its generic managerial theories.

• Journal of Korean Institute of Industrial Engineers
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• v.22 no.3
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• pp.413-426
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• 1996

Modern society, as a result of high industrial technology, is characterized by a series of mass production, moss consumption and mass disposal. As the mass disposal is known as the major culprit of destroying ecological system of our environment, human prosperity is in turn threatened by this indiscrete activities. Under current industrial technology which pursuit maximum profit, environmental problems could not be solved. This paper proposes recycle manufacturing systems of assemble products as a measure of current non-recycle manufacturing systems. Products are also composed of a number of ports. All parts are represented by a function of time cost performance variable as reuse level. We develop on information systems which give all the information on reused and recycled parts. We try to implement this result on a real fields. We confide ourselves to the contribution to on effective solution of environmental problems and to give profit to assembly manufacturing and consumers.

• ETRI Journal
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• v.37 no.5
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• pp.917-921
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• 2015

We consider a multiserver system with two classes of customers with preemption, which is a widely used system in the analysis of cognitive radio networks. It is known that the optimal admission control for this system is of threshold type. We express the expected total discounted profit using the total number of customers, thus reducing the stochastic optimization problem with a two-dimensional state space to a problem with a one-dimensional birth-and-death structure. An efficient algorithm is proposed for the calculation of the expected total discounted profit.

• Proceedings of the KIEE Conference
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• 2007.07a
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• pp.485-486
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• 2007

In the deregulated power market, suppliers, consumers and transmission companies try to maximize their profits by economical behaviors. In particular, generating companies like to sell more electricity for the revenue. Their situations will lead to various power system planning as optimal solutions for each supplier. In this paper, fundamental approaches of optimal power system planning under market positions of generating company are presented. The profit-maximizing approaches are modeled mathematically. By this analysis, each optimal planning is proved in risk of cost and monetary risk will be the economical signal for participants.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.8 no.11
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• pp.1-16
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• 1985

This study is to systematize a flow of production activities with a formula to help understand the trend of production in an enterprise according to the profit graph. Although the existing methods of studies were unattainable to analyze earnings correlative to production due to the lack of total business management, this study is aimed at testing a new method that developed the method of an advanced analysis as well as a combined system of the profit graph. and the production trend.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2021.11a
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• pp.250-251
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• 2021

A subcontract work order is the basis of the construction process and consists of the root and trunk of the construction industry. The construction process through a subcontract work order is an important element of project success, and it is the basic unit of creating profit in the construction industry. Therefore, correct analysis and forecasting of subcontract work orders allow correct estimation of construction cost and profit which is the foundation of corporate decision making. This study has started to provide predictions of subcontractor's bidding-ratio for decision-making. Since the actual project data has been used in this study, the contribution level of the model is highly expected in actual field. The statistical confidential level of adjusted decision coefficient is concluded low because of limited sample numbers. However, its accuracy and confidence level can be increased through increasing sample numbers, considering more variables, and studying of reducing error.

• Journal of Digital Convergence
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• v.17 no.8
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• pp.159-170
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• 2019

IC industry is one of the foundation and core industries of modern information industry. Therefore, the study of this industry has important theoretical and practical significance. The main purpose of this study is to measure the degree of close correlation between the two indexes through correlation analysis of the selected indicators, so as to study the development trend and direction of IC. Based on the theory of induced innovation and the theory of comparative advantage, this paper analyzes the correlation between the profit of the IC industry and the following three indicators by using chart analysis method, covariance analysis method and correlation coefficient analysis method. These three indicators are R&D expenditure, new product development costs and annual export amount of IC. The selected data are mainly from CHINA STATISTICS YEARBOOK ON HIGH-TECHNOLOGY INDUSTRY. Through the research, it is found that the profit of China's IC industry is positively correlated with the first two indicators and negatively correlated with the annual export amount.

• Journal of the Korean Data and Information Science Society
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• v.17 no.4
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• pp.1271-1278
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• 2006

Recently, a profit analysis in hospital management is considered as an important marketing concept. When spatial variability is presented, we must analyze the hospital data with spatial statistical methods. In this study, we present a regression model using spatial covariance for adjustment. And we compare the nonspatial model with spatial model.