• Title/Summary/Keyword: Analysis of Production Cost

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A Study on the Computerization of Function Evaluation in VE (가치공학(價値工學)에서의 기능평가(機能評價) 전산화(電算化)에 관(關)한 연구(硏究))

  • Lee, Seok-Hwan;Park, No-Guk;Song, Mun-Ik
    • Journal of Korean Society for Quality Management
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    • v.21 no.1
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    • pp.199-213
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    • 1993
  • The function-cost matrix table is not constant, but can be changed by many factors including equipment capacity, level of production technique, fluctuation of production volume, and the continuous development of products. Such changes would give the VE analysists additional work burden. By using computer. in this study, much of the time and effort of the function evaluation could be saved, and the efficiency of the analysis could also be enhanced. The application of the function evaluation data of R Company, as a case analysis, to the function evaluation computer program developed in this study resulted in the faster management of function-cost matrix table and function evaluation.

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A Study on the Productivity Analysis Model by R&D Investment (R&D 투자에 의한 생산성 분석 모형에 관한 연구)

  • 김만균;신헌수;함효준
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.41
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    • pp.33-40
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    • 1997
  • The main objective of this study is to analysis the relationship between productivity measurement model which describe and explain R&D(Research & Development) productivity based on production function of Cobb-Douglas and the structure of the R&D investment. The model focuses on the variables related to R&D investment in order to measure the efficiency of R&D largely. So, the proposed model describe the relationship between output(or / input) and factors of production such as capital cost, labor cost and R&D expense, etc. These factors are associated with a signigicant positive correlation between productivity and R&D investment.

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Reinforced-Concrete Works Productivity Analysis on Nuclear-Power-Plant Project

  • Lim, Jin-Ho;Huh, Young-Ki;Oh, Jae-Hun;Seo, Hyeon-Taek
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.600-601
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    • 2015
  • Both the importance and process of estimating Nuclear-power plant construction time and cost have increased in significance as energy user costs themselves have become more significant. In estimating construction time, few parameters are more significant than work item production rates and factors significantly affecting the rates. A standardized data collection tool was used to acquire a total of 401 data points from a S Nuclear-power plant project, for selected critical works: form-work, rebar-work, and concrete-pouring. With the data, several hypothesized drivers of the man-hour production rates and crew-day production rates were also analyzed. Findings from this study will enable industry professionals to enhance accuracy of time and cost estimation for nuclear power plant construction.

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Analysis of Relationship between Supply Chain Management and Food Production Strategies for Food Supplies in Hotel Restaurants (호텔 레스토랑의 식자재 조달 관련 공급 체인 관리와 푸드 생산 전략 간의 관계 분석)

  • Kang, Seok-Woo;Park, Ji-Yang
    • Culinary science and hospitality research
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    • v.13 no.4
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    • pp.107-118
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    • 2007
  • This research aimed to understand the relationship between comparative superiority elements of the supply chain activities for food supplies in the hotel industry. The samples are obtained from exclusive hotels located in the Seoul area. A statistic package program called SPSS was employed to conduct reliability analysis, factor analysis, t-test, correlation analysis, and multiple regression analysis. Results of a multiple regression analysis between supply chain management and food production strategies were as follows; company's characters and cooperative relations with suppliers had a significant impact on cost while quality was significantly affected by company's characters, information system, cooperative relations with suppliers, and supply chain activities. It was revealed that all factors had a significant impact on flexibility and delivery date.

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Prediction of Optimal Production Level for Maximizing Total Profit in Miryang Sesame Leaf Cultivation (밀양 깻잎 농업의 총소득 극대화를 위한 적정 생산 규모 전망)

  • Cho, Jae-Hwan;Chung, Wonho
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.22 no.1
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    • pp.313-320
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    • 2021
  • This study develops a demand and supply model and price model for Miryang sesame leaf cultivation and predicts the optimal production level to maximize total profit for Miryang sesame leaf farms. We used time series data from 1996 to 2017, which are related to Miryang sesame leaf cultivation. For the analysis, we estimated the demand function and average cost function, calculated the optimal production level and price, and derived the optimal profit. In addition, we predicted the optimal production level, price, total revenue, total cost, and profit until the year 2030 through scenario analysis. The results show that the optimal production level until the year 2030 is between 10 and 12.5 thousand tons, while the production volume was 7 thousand tons in 2017, and total profit for Miryang sesame leaf farms is estimated at 13.3 to 21.3 billion Korean won in 2030. The producer group needs to maintain the optimal production level to maximize total profit for farmers, as suggested in this study.

An Economic Analysis of Black Rockfish, Sebastes schlegeli in the Marine Floating Cage Culture (조피볼락 해상가두리 양식업의 지역별·규모별 경제성 분석)

  • Son, Maeng-Hyun;Park, Min-Woo;Lim, Han-Kyu
    • The Journal of Fisheries Business Administration
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    • v.45 no.1
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    • pp.95-107
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    • 2014
  • This study is aimed to analyze the economic performance of black rockfish aquaculture by standardizing cost structures by region and farming size. The result of survey on farming and sale condition in each region, stocking density, survival rate, juvenile price, and unit production was the highest at Yeosu and Tongyeong, Heuksando showed the lowest. While rearing period was the longest at Tongyeong, the shortest region was Yeosu and Wando. In farming cost structure by region, amount of feeing was the highest at Tongyeong and Yeosu, and the lowest was Heuksando. Cost of medicine was high in Wando and Taean region, Yeosu and Hecksando was low. In case of farm size, feed cost ratio was high in the order of medium(0.75ha), small(0.25ha) and large(1.25ha) size. Standard production cost at every farm size of Heuksando showed the lowest among these regions. Taean and Yeosu was middle, and Tongyeong and Wando was the highest. According to the income, profit rate and investment return of farm size in all regions, as the bigger farm size, the higher income and profit rate was revealed. However, in case of Wando, Taean, and Heuksando which regions has high investment return, medium farm size was higher than large size. The result of economic analysis according to various factors, economic feasibility of black rockfish aquaculture in marine floating cage was showed significant changes by rearing and market condition.

Cost Analysis of Wrap Silage Production in the Paddy Field for Forage Crop Cropping System (답리작 사료작물의 랩사일리지 생산비 분석)

  • Ha, Yu-Shin;Park, Kyung-Kyoo
    • Journal of The Korean Society of Grassland and Forage Science
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    • v.32 no.1
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    • pp.75-84
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    • 2012
  • Mechanized operation model and mechanical cultivation technology for winter barley, rye, Italian ryegrass and sudan grass wrap silage production system at the paddy field for cropping system was developed. Also, a series of experiment were performed and lots of data were collected and analyzed to develope mechanical technology, coverage area, and optimum size of the farm (break-even point) for wrap silage production system. The coverage area for winter barley or rye wrap-silage production system is determined around 61.9, 73.4, 77.5, 88.2 ha in the case of drill seeding and different ripening species by tractor power 50, 75, 100, 130 ps, respectably. The break-even point of the farming size is analyzed as 20 ha and its production cost is estimated around 367, 383, 430, 443 won/TDN-kg in the case of winter barley wrap-silage by tractor power 50, 75, 100, 130 ps, respectably. The break-even point of the farming size is analyzed as coverage area and its production cost is estimated around 237, 215 won/TDN-kg in the case of winter barley wrap silage and sudan grass by the tractor power 50, 100 ps, respectably.

An Economic Analysis of Oak Mushroom Cultivation in Korea (표고버섯 재배에 대한 경제성 분석)

  • Kim, Jae Sung;Joo, Rin Won;Choi, Soo Im
    • Journal of Korean Society of Forest Science
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    • v.96 no.4
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    • pp.401-407
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    • 2007
  • This study analyzed an economic efficiency of oak mushroom cultivation in order to provide data needed for formulating related policies. 88 farmhouses in major producing areas were interviewed with. The average production cost per 100 bed-logs was 151,699 won. Among production costs, material costs accounted for 56.0% and labor costs 41.8%. Oak mushroom cultivation was labor-intensive and labor input was a significant factor determining the production costs. There was 3 7.2% gap in production costs between Chungbuk, the highest cost area and Gyeonggi, the lowest cost area of oak mushroom due to difference in labor input. Average revenue per 100 bed-logs was 178,627 won. Average income per 100 bed-logs, which is variable production costs of 116,613 won subtracted from the revenue, was 62,014 won and thus income rate was 34.7%. Income rate in Jeonbuk, the highest area, was higher than that in Gyeonggi, the lowest area, by 15.8% points due to difference in quantities produced, grade, and variable production costs, in particular, labor costs. The result of the economic analysis indicates that reduction in establishment and labor costs, accounting for the highest portion in production costs is priority issue for the enhancement of the competitiveness of the oak mushroom industry.

Economic analysis of jeju offshore pilot run wind farm by sensitivity analysis (민감도 분석을 적용한 제주 연안 풍력단지 설계의 경제성 분석)

  • Lee, K.H.;Park, J.H.;Jin, J.W.;Kwon, K.R.;Choi, K.H.
    • Journal of Power System Engineering
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    • v.16 no.5
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    • pp.13-19
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    • 2012
  • In this paper, the offshore wind farms have been designed by using WindPRO with the help of real wind data measurements at Jeju Costal area by calculating the annual energy production for exact economic evaluation. In order to achieve benefit of wind farm, the annual revenue for power generation have been calculated with SMP and REC value. And construction cost has derived from the real wind farm project case. Also O&M cost has been estimated by OMCE (Operating & Maintenance Cost Estimator) to get accurate cost of wind farm. Economic evaluation of wind farms have been performed by comparing above parameters. In addition, sensitivity analysis calculating the effect of these factors has also been carried out.

A Study on Application Method of GT (GT기법의 적용항법에 대한 연구)

  • 이현용;이승우;강경식
    • Journal of the Korea Safety Management & Science
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    • v.2 no.2
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    • pp.139-153
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    • 2000
  • To develope a domestic machinery industry, international competition through reducing cost by increasing productivity is as important as evolving technology and increasing quality. In this study, we have studied in application of GT technology. GT is a skill that acquires high productivity using part's resemblance for multi part and small size production like mass production. We have classified group, such as design, layout and the others, to be applied systematically. The design group includes retrieval for drawings and study for GT design. The layout group includes GT layout, analysis of production process and study for composition method. And others include scheduling, standardization and standard process.

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