• Environmental and Resource Economics Review
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• v.11 no.1
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• pp.1-29
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• 2002

Faced with large scale of outdoor recreation resources and variety of demanders' desire, it would be necessary for the managers to estimate the values of individual attributes rather than a bundle of characteristics of outdoor recreation sites. By extending the Brown and Mendelsohn's (1984) approach we are able to estimate the beneficial effects of the improvement of individual attributes. Sampling 208 fishermen who visited 11 free fishing sites located in Daegu and Gyeongbuk, the functions of marginal willingness to pay for scenery and non-crowdedness were estimated. If 1 unit of scenery could be improved from its average value a fisherman, on average, would receive benefit of as much as 3,840 won. The average beneficial effect of the non-crowdedness improvement would amount to 2,220 won.

• Journal of the Korean Professional Engineers Association
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• v.10 no.3
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• pp.17-26
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• 1977

In order to obtain the most practical and economically efficient method for refining of kenaf fiber and the production possibility of bag dproucts by using kenaf, Various chemicals and conditions of treatment for refining of kenaf bark were examined. Refining by the retting method was found much beneficial in quality of fiber and in processing cost than the chemical mettled. Bag products by using kenaf bark has good quality , and for practical use, Even if the production cost is slightly more expensive than jute bag, it could be reduced by planned mass production.

• Journal of the Korean Operations Research and Management Science Society
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• v.17 no.2
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• pp.3-14
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• 1992

The efficiency of marketing channel of distribution between a manufacturer with several customers can be increase by influencing the order quantity of customer. Manufacturer reduces average inventory holding cost by penalizing the large order quantity from the customer. Such a penalty is significant only if the manufacturer's unit inventory holding cost is relatively large. Conditions under which such penalizing can be beneficial to both parties are derived.

• Journal of Navigation and Port Research
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• v.35 no.9
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• pp.777-783
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• 2011

Interest about Modal Shift is not being decreased, and it is drawing limelight as green logistics which meets low carbon green growth of National development vision. As an effect of Modal Shift, not only reduction in CO2 emission but also reduction in social cost, logistics cost etc. are being discussed. However, until now research about its practical transformation effect has been scanty. In this study, the actual expenses via CO2 emission, social cost, and logistics cost etc. by road transportation and rail transportation of container cargo with Origin/Destination between Busan-Kyeonggi Area were calculated and we propose beneficial effects when transportation mode is transformed from road to rail with Scenario Planning.

• Journal of Institute of Control, Robotics and Systems
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• v.13 no.8
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• pp.790-797
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• 2007

This paper proposes a new measure of cost function ruggedness in local optimization with DEAS. DEAS is a computational optimization method developed since 2002 and has been applied to various engineering fields with success. Since DEAS is a recent optimization method which is rarely introduced in Korean, this paper first provides a brief overview and description of DEAS. In minimizing cost function with this non-gradient method, information on function shape measured automatically will enhance search capability. Considering the search strategies of DEAS are well designed with binary matrix structures, analysis of search behaviors will produce beneficial shape information. This paper deals with a simple quadratic function contained with various magnitudes of noise, and DEAS finds local minimum yielding ruggedness measure of given cost function. The proposed shape information will be directly used in improving DEAS performance in future work.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2014.05a
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• pp.197-199
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• 2014

Todays, with the spread of Mobile devices, SNS service usage has been increasing. While SNS services have many benefits such as providing communication with social functions, these have also negative aspects like fatique. In the point that consumers make their own purchasing decision with considering cost and benefits of goods and services, this paper is to evaluate the value of SNS services considering both sides of beneficial and cost aspects.

• Journal of the Korean Data and Information Science Society
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• v.26 no.6
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• pp.1523-1535
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• 2015

We investigate the effect of introduction of the bancassurance system on cost efficiency in the Korean insurance industry between 1997 and 2012. Our estimation results indicate that introduction of this system contributed positively to efficiency of life insurance companies in Korea. Increase in a one standard deviation of bancassurance increases cost efficiency by 0.08 which is equivalent to 12 percent of mean cost efficiency. Recognising that the bancassurance system is a relatively new concept, our results indicate that the bancassurance system can be a policy measure to improve productivity in an emerging insurance market. The results illustrate that positive effects have accrued particularly to medium-sized companies and domestic companies, contrary to the prevailing perception that increased competition through bancassurance is more beneficial to large companies and foreign companies.

• Korean Journal of Organic Agriculture
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• v.19 no.spc
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• pp.92-95
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• 2011

The initial investment of rice cultivation by mechanical technique was high. This was only due to the cost of planting machine. We analysed the overall cost (without machine cost) and benefits of the two methods, it manifested that the mechanical method is very much beneficial over traditional rice cultivation technique. We observed that the requirement of soil, irrigation water, number of seeds etc. decreased in mechanical cultivation technique while net income increase by 13.07% with 80% government subsidy. Furthermore, the initial rooting was quicker, growth and development of pot raised seedlings was better than the traditional technique. Hence, this technique can give better return to the farmers with the help of government subsidy.

• The KIPS Transactions:PartA
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• v.13A no.6 s.103
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• pp.511-516
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• 2006

The data grid computing provides geographically distributed storage resources to solve computational problems with large-scale data. Unlike cache replacement policies in virtual memory or web-caching replacement, an optimal file replacement policy for data grids is the one of the important problems by the fact that file size is very large. The traditional file replacement policies such as LRU(Least Recently Used) LCB-K(Least Cost Beneficial based on K), EBR(Economic-based cache replacement), LVCT(Least Value-based on Caching Time) have the problem that they have to predict requests or need additional resources to file replacement. To solve theses problems, this paper propose SBR-k(Sized-based replacement-k) that replaces files based on file size. The results of the simulation show that the proposed policy performs better than traditional policies.

• The Journal of Sustainable Design and Educational Environment Research
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• v.10 no.1
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• pp.10-25
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• 2011

Area Offices of Education in Korea assign and execute government budget based on the evaluation of school buildings' safety rating and degree of their deterioration. However, it is never easy to estimate the most appropriate investment amount for old buildings under consideration of their service lives and residual values together. A model of estimating optimum investment cost for obsolete school building is developed taking its life cycle cost into account. The model is also applied to six old buildings in five different schools and found that some of the facilities hardly needed further investment and were better to be rebuilt. The study results will be a great beneficial for officers to make right decision on maintaining obsolete school buildings and to maximize tax payers' money.