• Korea Trade Review
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• v.42 no.1
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• pp.1-25
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• 2017

By applying the AHP(Analytic Hierarchy Process), we have analyzed the importance and the order for priorities to the management risk factors of Korean SMEs & Venture companies in China. The major management risk factors of manufacturing companies were the rise in labor costs followed by fierce competition in the marketplace, problems involved with human resource management and the rise in the cost of materials. In the case of companies manufacturing electronic products, the rise of labor costs and alteration in government's tax policy were seen as the main risk factors. In the case of chemical product manufacturing companies, the reinforcement of environmental protection law and in automobile component manufacturing companies, apart from the rise in labor cost, the increase in raw materials costs were analyzed as the main risk factors. While considering the time period, the main risk factors of the companies that entered China in the 1990's were fierce competition and alteration in government's tax policy and for the companies that entered China in the 2000's, increase in raw material cost, the rise in labor cost etc were analyzed to be the main risk management factors.

• Journal of the Korean Operations Research and Management Science Society
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• v.38 no.2
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• pp.95-115
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• 2013

In traditional inventory models, purchase prices of raw materials are assumed to be fixed and have no effect on the optimal choice of inventory policies. However, when purchase prices fluctuate continuously over time, inventory costs are heavily affected by purchasing prices. Risk-averse inventory model decides order quantity and ordering time by considering not just purchase prices but also the risk from the discrepancy between estimated prices and realized prices. In this paper, we propose a myopic inventory policy which incorporates price risk into deciding ordering time and quantities. While the existing risk-averse model has no mechanism to reallocate inventories already purchased for a specific future period, the revised one reallocates initial inventories of each period to other future periods so that it can avoid purchasing raw materials at high prices. Experimental results demonstrate that the revised model outperforms the existing one in respect of total cost and variability.

• Journal of Korean Institute of Industrial Engineers
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• v.12 no.1
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• pp.31-41
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• 1986

In this paper, an integrated production inventory model is developed for two products on a single facility in which the raw materials are fed to the production system as required at the facility. The aim is to determine simultaneously the optimal production schedule for two products and the optimal procurement policies for the raw materials in a way that minimizes the total variable cost of the production system. The production schedule for the more frequently set-up product is formulated by the method of equal or unequal lot sizes. For the model developed, we present a computational scheme of finding the optimal policies and carry out sensitivity analysis through example problem.

• Journal of Korean Academy of Nursing Administration
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• v.23 no.2
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• pp.139-150
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• 2017

Purpose: The purpose of this study was to identify nursing service costs associated with all health care costs incurred by the institution. Methods: This study was an empirical case study research in which the nursing cost was separated from total medical cost. The nursing cost index was calculated through a cost allocation method after summarizing costs for personnel, raw materials and administration of each department in one public hospital. The 2014 budget plan, published in 'Public Hospitals Alert', was used as data and the data were analyzed using the Microsoft Office EXCEL 2013 program. Results: When comparing total medical costs and nursing costs, the nursing cost were 27.14% of the total medical cost. The nursing cost per nurse per hour was calculated as \29,128 The nursing cost per inpatient per day was calculated as \157,970, and the administration cost per patient was calculated as \133,710. Conclusion: The results of the research present the process of cost allocation of specific cost elements in the hospital and evidence for administrative costs which in the past have been only vaguely formulated. These are the significant implications of this study.

• Journal of the Korean Crystal Growth and Crystal Technology
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• v.33 no.6
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• pp.210-215
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• 2023

Raw mix burnability is an especially crucial factor in cement manufacturing technology, and it depends on the physical, chemical and mineralogical properties of each raw material. In this article, we compared the difference of burnability between the domestic and Japanese fly ash as cement raw materials by using Lafarge and Polysius evaluation method. Regardless of the type or amount of fly ash used, it was found to be more combustible when using fly ash. In both case, burnability improves as the amount of fly ash increases, especially the improvement in bunarbility is remarkable up to 3%. In conclusion, as the amount of fly ash increases within the range allowed by cement quality, burnability of raw materials improves, and thus the fuel cost required for the firing of clinker can also be expected to be reduced.

• Journal of Korea Technical Association of The Pulp and Paper Industry
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• v.41 no.4
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• pp.82-90
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• 2009

It is very important to utilize effectively fibrous waste paper in terms of cost savings, environmental effects, and governmental policies. The quality of final products and runnability of papermaking process are primarily affected by constitutions of fibrous raw materials. In specific, board grade paper depends directly on compositions of waste paper bales. At present, the raw materials of board grade paper are mainly derived from lots kinds of wastepaper. Some papermaking countries, like EU, USA and Japan have advanced classification and management systems of recycled fiber, but Korea has not yet organized systematically. In this study, evaluation of wastepaper bale compositions and their fiber properties were carried out for effective utilization of fibrous raw materials for board grade paper production. 3 kinds of wastepaper bales were classified to fibrous or non-fibrous materials. In case of fibrous materials, KOCC, kraft sack paper and white duplex board matters were main component in total weight basis, and in case of non-fibrous materials, vinyl, plastic and cloth matters were main component, in turns. 3 representative kinds of waste paper were disintegrated and classified, and then prepared to handsheet for evaluation of recycled fiber property. Consequently, fines and ash content of waste paper, isolated from KOCC and white duplex board were higher than that of kraft sack paper. pH values of all kinds of waste fibers were neutral or weak alkaline.

• Membrane and Water Treatment
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• v.10 no.4
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• pp.259-264
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• 2019

Cost effective clay adsorptive microfiltration membranes were synthesized to remove Cr (III) from high polluted water. Raw and calcined bentonite were mixed in order to decrease the shrinkage and also increase the porosity; then, 20 wt% of carbonate was added and the samples, named B (without carbonate) and B-Ca20 (with 20 wt% calcium carbonate) were uniaxially pressed and after sufficient drying, fired at $1100^{\circ}C$ for 3 hours. Then, physical and mechanical properties of the samples, their phase analyses and microstructure and also their ability for Cr(III) removal from high polluted water (including 1000 ppm Cr (III) ions) were studied. Results showed that the addition of calcium carbonate lead the porosity to increase to 33.5% while contrary to organic pore formers like starch, due to the formation of wollastonite, the mechanical strength not only didn't collapse but also improved to 36.77 MPa. Besides, sample B-Ca20, due to the presence of wollastonite and anorthite, could remove 99.97% of Cr (III) ions. Hence, a very economic and cost effective combination of membrane filtration and adsorption technology was achieved for water treatment which made microfiltration membranes act even better than nanofiltration ones without using any adsorptive nano particles.

• Proceedings of the Korea Concrete Institute Conference
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• 2001.05a
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• pp.313-318
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• 2001

The cost of producing ready mixed concrete(remicon) has increased due to the rising cost of raw materials for concrete and transportation caused by the upturn of oil price. In contrast, its orders have also decreased due to the recession of the construction industry. In addition, the cost of delivery has decreased owing to the excessive competition among manufacturing companies, so manufacturing companies began mixing ground granulated blast-furnace slag or fly ash to lower the cost. However, there is no way to determine whether the strength of the concrete using the admixture is satisfied or dissatisfied with design strength at the early age. The purpose of this study is dedicated to early strength estimation of concrete mixed with an admixture, ground granulated blast-furnace slag.

• International Journal of Concrete Structures and Materials
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• v.2 no.1
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• pp.49-55
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• 2008

The disadvantage of PMM's (polymer-modified mortars) that are currently on the market is the utilization of expensive polymer additives and also the cost of the other components. One of the possibilities how to decrease this price is the effective utilization of waste materials which are very inexpensive in spite of their good properties. The combinations of different degree in polymer adhesiveness and waste secondary raw materials - fly ash - are experimentally verified in the paper. The use of fly ash in adhesive materials for ceramic tiles is limited by unsatisfactory initial adhesiveness to sintered ceramic sherd as a result of a running pozzolanic reaction that lowers the efficiency of polymer additives. On the other hand, the use of adhesive and backfill coating materials for gluing ETICS board insulation materials has brought very good results.

• 한국전산유체공학회:학술대회논문집
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• 2008.03b
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• pp.84-87
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• 2008

The sulfur oxides is one of important materials to come about air pollution at thermal plant consuming fossil fuel. The several flue gas desulfurization equipments are installed and operated to decrease sulfur oxides. The flue gas desulfurization of our thermal plant is designed for optimizing flue gas desulfurization technical development and research by Korea Electric Power Research Institute. We operate this desulfurization equipment. Now, our country imports nearly 97 percentage of the energy source and competes with the world for the energy because of the rise of raw materials cost. The fuel cost decrease of power plants is the most important factor of the operation. The fuel used in the experiment is the domestic anthracite from Kangwon Taeback and the bituminous coal from Russia,Taldinsky Mine. This Study is experimental investigations of desulfurization characteristics for domestic anthracite power plant by increasing bituminous coal. We surveyed possible parameters and conducted the performance about desulfurization equipment in Y.D thermal power plant.