• Title/Summary/Keyword: Compensation costs

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A Study on the Inventory Cost Estimation Criteria Considering Supply Chain Characteristics of a Electronic Product Manufacturer (전자제품 제조사 관점에서의 공급사슬 특성을 고려한 재고비용 산정 기준의 제시)

  • Nam, Jung-Hoon;Hwang, Seung-June
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.15-25
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    • 2016
  • SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

An Active Power Filter For A Compensation Of Power Factor and Harmonic Currents (역률개선 및 고조파 보상을 위한 능동전력필터)

  • Kim, Yong-Ho;Ahn, Bok-Shin
    • Proceedings of the KIEE Conference
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    • 1991.07a
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    • pp.447-450
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    • 1991
  • A novel effective calculation method of the compensation current commands of active power filter using voltage source PWM converter is proposed on the basis of the instantaneous reactive power theory. The load currents and the phase of the source voltages are used for the simplification of the calculations and the reduction of the its time. And the calculation of the currents is performed by DSP 32014 within 50 uSEC. For reducing the DC voltage and saving the costs, a passive power filters are used. The simulation results of the effects of the active power filter with a passive filter are presented.

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A Study on the Non-Insurance Cost due to the Industrial Accident - On the focus of the Ulsan area cooperation - (산업재해로 인한 비보험비용에 관한 연구 - 울산지역의 중소기업을 대상으로 -)

  • 고성석;이태영
    • Journal of the Korean Society of Safety
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    • v.16 no.2
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    • pp.103-109
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    • 2001
  • When workers get accidents in doing their works, industrial accident insurance covers the compensation for the accidents. Generally, this kind of costs is applied in terms of Direct Cost. In our society circumstance to terminate the accident, many kinds of cost (Non-Insurance Cost) are also discharged. Non-Insurance Cost resulted from additional compensation for insurance allowance, is the important basic data source to estimate Loss Cost. Several studies have been done for the output of accident cost, but companies have difficult to apply these studies into practice and generalize the amount of accident loss cost. This study means to suggest improving solutions for the output of Accident Loss Cost and to reduce Opportunity Cost caused by Industrial Accident.

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DC-Link Voltage Unbalance Compensation of Reactive Power Compensator using Multi-level Inverter (멀티레벨 인버터를 이용한 무효전력 보상장치에서의 DC-Link 전압 불평형 보상)

  • Kim, Hyo-Jin;Jung, Seung-Ki
    • The Transactions of the Korean Institute of Power Electronics
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    • v.18 no.5
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    • pp.422-428
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    • 2013
  • Recently, we use a static synchronous compensator(STATCOM) with cascaded H-bride topologies, because it is easy to increase capacity and to reduce total harmonic distortion(THD). When we use equipment for reactive power compensation, dc-link voltage unbalances occur from several reasons although loads are balanced. In the past, switching pattern change of single phase inverter and reference voltage magnitude change of inverter equipped with power sensor have been used for dc-link voltage balance. But previous methods are more complicated and expensive because of additional component costs. Therefore, this paper explains reasons of dc-link voltage unbalance and proposes solution. This solution is complex method that is composed of reference voltage magnitude change of inverter without additional hardware and shifted phase angle of inverter reference voltages change. It proves possibility through 1000[KVA] system simulation.

Current Situation and Reform Scheme for Personal Care Attendants(PCAs) in Workers' Accident Medical Corporation (산재의료원 간병인 관리현황 및 개선방안)

  • Oh, Jin Joo;Lee, Hyun Joo;Choi, Jeong Myung;Kim, Chun Mi
    • Korean Journal of Occupational Health Nursing
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    • v.16 no.2
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    • pp.222-231
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    • 2007
  • Purpose: This study aims to suggest political alternatives for nursing care costs for PCAs to provide qualitative medical benefit for patients with occupational disease by investigating present situation and problems of the nursing care cost system of Korea's Industrial Accident Compensation Insurance. Methods: Data was collected from 6 workers' accident medical corporation and 275 nurses affiliated with Korea labor welfare corporation using self reported questionnaire. Result: Research results were as follows; Character of nursing care cost of the Korea's Industrial accident Compensation Insurance changed as if it aims to support for living expenses for the family; As possible problems which could be caused under current system, administrative problems, decrease of service quality were made as objects of criticism. Some patients did not make every effort in rehabilitation to be beneficiaries continuously. Some patients were supplied with whole one PCA or all-night PCA even though they did not need as much caring as such. Conclusion: The research suggested that PCAs payment system improvement is necessary, and the presented nurses' opinion for the improvement method could be applied for policy making.

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A Study of Machining Error Compensation for Tool Deflection in Side-Cutting Processes using Micro End-mill (측면가공에서 마이크로 엔드밀의 공구변형에 의한 절삭가공오차 보상에 관한 연구)

  • Jeon, Du-Seong;Seo, Tae-Il;Yoon, Gil-Sang
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.17 no.2
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    • pp.128-134
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    • 2008
  • This paper presents a machining error compensation methodology due to deflection of micro cutting tools in side cutting processes. Generally in order to compensate for tool deflection errors it is necessary to carry out a series of simulations, cutting force prediction, tool deflection estimation and compensation method. These can induce numerous calculations and expensive costs. This study proposes an improved approach which can compensate for machining errors without simulation processes concerning prediction of cutting force and tool deflection. Based on SEM images of test cutting specimens, polynomial relationships between machining errors and corrected tool positions were induced. Taking into account changes of cutting conditions caused by tool position variation, an iterative algorithm was applied in order to determine corrected tool position. Experimental works were carried out to validate the proposed approach. Comparing machining errors of nominal cutting with those of compensated cutting, overall machining errors could be remarkably reduced.

A Study on the Importance of Uninsured (Indirect) Cost Item of Workplace Accidents

  • Jung, Cecil;Baek, Jong-Bae
    • Korean Chemical Engineering Research
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    • v.55 no.4
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    • pp.497-502
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    • 2017
  • Estimation of accident cost is a sound and great safety indicator on determining accurate occupational safety and health prevention. Just like in Korea, Heinrich ratio analysis of (1:4) between direct and indirect costs has been become widely used in safety management because of its simplicity. In this study four major categories of uninsured (indirect) cost items and 18 sub-categories of uninsured (indirect) cost items were identified. To determine and validate the importance and necessity of the results of a literature review an expert or professional surveyed had been analyses using the SPSS 18.0, where in the participants whose expertize is in the field of compensation and safety. Based on the results of survey all participants all uninsured (indirect) cost items classified was important and necessary when accidents occurred. Despite recognition of expert on the classification of uninsured (indirect) cost items, it is quite difficult to make generalization for all kind of costs in occupational accident case due to different nature of business for each industry.

A Study on Enhancing the Load Power Factor from the Point of View of Economic Operation Using the Load Power Factor Sensitivity Method (부하역률 감도기법 적용에 의한 전력시스템의 경제운용 측면에서의 역률개선 방안 연구)

  • Lee B. H.;Kim J. H.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.153-155
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    • 2004
  • Various problems such as the increase of the power loss and the voltage instability may often occur in the case of low load power factor. The demand of reactive power increases continuously with the growth of active power and the restructuring of electric power companies makes the integrated management of ractive power a troublesome problem, so that the systematic control of load power factor is required. In this paper, the load power factor sensitivity of the generation cost is used for determining the locations of reactive power compensation devices effectively and for enhancing the load power factor appropriately. In addition, the integrated costs are used for determining the value of the load power factor from the point of view of the economic operation. It is shown through the application to a large-scale power system that the system power factor can be enhanced effectively and appropriately using the load power factor sensitivity and integrated costs.

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A Study on the Managerial Factors to the Enterprise's Information Productivity (정보생산성에 영향을 미치는 기업경영 요인에 관한 연구)

  • Koo Il Seob;Kim Tae Sung
    • Journal of the Korea Safety Management & Science
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    • v.7 no.1
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    • pp.127-135
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    • 2005
  • In general one can find an enormous number of studies about the productivity of land, labor and capital, very little has been done so far to communicate about the productivity of corporate information creating and information-consuming resources in ways that are useful to business executives. In view of the enormous share of corporate spending on information resources it would be useful in planning, budgeting, as well as in performance evaluation to measure how information resources are used in creating EVA(economic value-added). The effectiveness in deploying information resources has potentially a greater effect on corporate financial performance than any other economic influence. That in because corporate executives have greater discretion in directing what their information management staffs will do than in setting the terms for materials purchases, employee compensation, taxes or interest rates. The expenses for information are mostly in the form of overhead costs. Because expenses for information are mostly overhead costs and not for costs of goods, the prudent decision-maker should have a wide array of discretionary options available for allocating this resource. This study is intended for analysis the factors that having effects on the enterprise information productivity and is to description the factor using a foreign enterprise case study.

Analysis on the Determinants of Land Compensation Cost: The Use of the Construction CALS Data (토지 보상비 결정 요인 분석 - 건설CALS 데이터 중심으로)

  • Lee, Sang-Gyu;Seo, Myoung-Bae;Kim, Jin-Uk
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.10
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    • pp.461-470
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    • 2020
  • This study analyzed the determinants of land compensation costs using the CALS (Continuous Acquisition & Life-Cycle Support) system to generate data for the construction (planning, design, building, management) process. For analysis, variables used in the related research on land costs were used, which included eight variables (Land Area, Individual Public Land Price, Appraisal & Assessment, Land Category, Use District 1, Terrain Elevation, Terrain Shape, and Road). Also, the variables were analyzed using the machine learning-based Xgboost algorithm. Individual Public Land Price was identified as the most important variable in determining land cost. We used a linear multiple regression analysis to verify the determinants of land compensation. For this verification, the dependent variable included was the Individual Public Land Price, and the independent variables were the numeric variable (Land Area) and factor variables (Land Category, Use District 1, Terrain Elevation, Terrain Shape, Road). This study found that the significant variables were Land Category, Use District 1, and Road.