• Journal of the Korean Society of Safety
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• v.23 no.6
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• pp.158-163
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• 2008

Although prior researches have been investigated the impact of insured cost(direct cost) on employers and employees, little work has attempted to categorize the items of unsecured cost(indirect cost) by accidents. On this basis, the goal of this study was to achieve a better understanding of the nature of accident cost of unsecured cost. Specifically, this study aimed to categorize the unsecured cost items according to the domestic industry circumstances and use these results for a basis of other accident cost related studies. The results of this study are as follows: (1) accident development steps were categorized as twelve items for improved management according to each step of accident development (2) the points of occurrence and termination of the unsecured cost were identified for the improved management according to each step of accident development and (3) characteristics of each item in unsecured cost were studied and identified for a better control of accident costs. These results provide a basis for further researches on the unsecured cost.

• Journal of Korean Institute of Industrial Engineers
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• v.41 no.5
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• pp.511-520
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• 2015

Inventory, cost, and the level of service are three interrelated key metrics that most supply chain organizations are striving to optimize. One way to achieve this goal is to create a simulation model to conduct sensitivity analysis and optimization on several different supply chain policies that can be implemented in actual operation. In this paper, a case of Xerox global supply chain modeling and analysis to assess several "what if" scenarios for the consumable policy safety stock is presented. The simulation model, combined with analytical cost model and optimization module, is used to optimize the policy safety stock level to achieve the lowest total value chain cost. It was shown quantitatively that the policy safety stock can be reduced, but it is offset by the inbound premium transportation cost to expedite supplies in shortage, and the outbound premium transportation cost to send supplies to customers via express shipment, requiring fine balance.

• Journal of the Korean Society of Safety
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• v.24 no.5
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• pp.69-76
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• 2009

The estimation of costs from industrial accidents is very important because they have a serious effect on individuals, companies, and nation. The department of labor estimates the cost of accidents by using the "Heinrich" method. From that method, the scale of accident cost can be approximately computed, but accurate calculation of uninsured cost is not easy. Therefore, a better method of calculating uninsured cost caused by industrial accident is necessary. This study aimed to construct an estimation method of uninsured cost according to domestic circumstances. The results of this study are as follows: (1) This study derived applicable factors for quantitative estimation of industrial accident cost (2) This study made the equation that the calculation of each item of uninsured cost was possible (3) This study applied the uninsured cost by degrees of disaster to individual items (4) The subjects and types of occurrence in uninsured cost were analyzed and presented. Theses results will provide a basis for further researchers of uninsured cost.

• Proceedings of the Korean Institute of Industrial Safety Conference
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• 1998.05a
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• pp.265-270
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• 1998

As the goal of enterprises is to pursuit benefits, the goal of safety management is not only preventing accidents but also promoting benefits and productivity. However, enterprises have failed to realize the necessity of safety management, partly because they didn't grasp any appropriate evidences advocating effectiveness of safety management. This study aimed to survey construction-site engineers' consciousness on safety management contributing to cost reduction, construction period and quality enhancement. The result of this study showed that constriction-site engineers recognized the ratio of direct cost to Indirect cost as 1:2. The proportion of repliers who thought that safety management is contributable to cost reduction was 35％, to construction period was 20％, and to quality enhancement was 48％. The construction sites with excellent safety accomplisments also had good work and selling amounts.

• Journal of the Korea Safety Management & Science
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• v.6 no.3
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• pp.311-326
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• 2004

The 5 working day's a week increase to fixed cost. Specially, the small & medium size company more increase to manufacturing cost. The introduction of 5 working day's rule influence to labor cost in manufacturing cost. Also, it make disappearance to fixed cost of 0.5 working day. Almost manufacturing company expect to have difficulty in product cost. The case of japan, many manufacturing company move to Asian countries after introduction of 5 working day's a week rule. The purpose of this study are the analysis of change product cost and suggest to solutions of productivity for a type of industries..

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.230-235
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• 2003

Accident analysis is special concern to researchers in traffic safety. Accident analysis in product safety, however, is not. The needs of product safety management alter it in the world by all manufacturers. The purpose of this study is to propose a theoretical principles for product safety management through the accident cost analyses. The accident cost is a important factor to prevent product accident and to treat some claims of customers. It is sure that this principles can help all making decisions of manufactures with expected accident cost per a product accident and with total expected accident cost.

• Journal of the Korea Institute of Building Construction
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• v.23 no.5
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• pp.639-650
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• 2023

In this research endeavor, we engaged with 70 construction safety specialists from established construction firms through surveys and interviews. The primary aim was to dissect and understand the weight and ramifications of specific cost items within the Occupational Safety and Health Management Funds(OSHMF) and Safety Management Expenses(SME). From our analysis, salient insights emerged. Within the realm of OSHMF, the cost items associated with safety facilities and the remunerations of safety managers were identified as paramount. It was observed that there are marked variations in the perceived significance and repercussions associated with diverse cost items of OSHMF. In stark contrast, when assessing the SME, the nuances in perceived weight and consequences of individual cost items were relatively muted, suggesting a more uniform viewpoint among the experts. Furthermore, our research probed the interrelationship between the significance and repercussions within OSHMF and SME domains. Notably, OSHMF manifested a positive linear relationship, suggesting that cost items of higher importance invariably had a more pronounced effect. On the other hand, the SME showcased a more subtle association, hinting at intricate underlying dynamics. The outcomes of this investigation are poised to offer instrumental guidance for enhancing safety protocols and diminishing accident occurrences in domestic construction undertakings.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.10 no.16
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• pp.143-147
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• 1987

Safety stocks constitute one of the major means of dealing with the uncertainties associated with variation in demand and lead time. Adeguate safety facilitate production activities and help to assure customers if good service on the other hand, carrying safety storks ties up working capital on goods that sit idle. The major problem of safety stocks management thus of consists of trying to achieve an optimal balance between the other carrying cost and the costs of stock shortage. Therefore, this study aims to find safety stock level of the fixed reorder quantity system and the fixed reorder cycle system of minimizing total cost when both demand and lead time are variable. (The distribution of demand and lead time is a mere assumption that follows the normal distribution) The results can be summarized as follows. i) Safety factor on the safety stock is determined by carrying cost and the costs of stock shortage: An optimal safety stick=the costs of stork shortage($C_s$) (the carrying cost($C_h$)+the costs of stock storage($C_s$). ii) The safety stock level of the fixed reorder quantity system is ($a{\;}_p\sqrt{L}{\sigma}$) under uncertainties. iii) The safety stock level of the fixed reorder cycle system is ($a{\;}_p\sqrt{R+L{\sigma}}$) under uncertain demand and constant lead time. ($a{\;}_p\sqrt{L{\sigma}_d{\;^2+{\mu}^2L{\sigma}^2}$) under demand and lead time uncertainties.

• Korean Journal of Construction Engineering and Management
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• v.21 no.2
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• pp.39-46
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• 2020

Occupational Safety and Health Management Cost were introduced in 1988 to prevent human safety accidents occurring in industrial sites. However, the accounting standards of Occupational Safety and Health Management Cost based on five construction types and three construction amounts do not reflect the characteristics of various construction sites. In order to understand this problem, this study analyzed the utilization rate and usage details of Occupational Safety and Health Management Cost of domestic construction companies. As a result, this study identified considerable number of projects surpassed the limits of allowed usage of Occupational Safety and Health Management Cost and analyzed their causes. Based on these findings, this study suggests the necessity and direction of improvement of Occupational Safety and Health Management Cost accounting standards.

• Proceedings of the Safety Management and Science Conference
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• 2001.11a
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• pp.175-179
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• 2001