• The Research Journal of the Costume Culture
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• v.16 no.4
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• pp.595-608
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• 2008

Although Korean apparel companies have transformed dramatically from contractors to sourcing companies thanks to the rapid growth of local market, relatively little work has been done identifying the determinants and the patterns of global sourcing activities of Korean companies. The purpose of this study was to outline a conceptual model that may be used to organize and guide global sourcing activities of Korean apparel manufacturers and retailers. The conceptual model identified four important factors, cost factor, strategic non-cost factor, firm's internal factor, and global factor, which affect global sourcing strategies and help predict how companies conduct various sourcing activities. The model also identified two sourcing patterns, outsourcing and intra-firm sourcing. In developing the model, literature review on how manufacturers and retailers in diverse areas including global apparel sourcing was conducted. Managerial implications and directions far future study were offered as well.

• Journal of the Korea Institute of Building Construction
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• v.5 no.1 s.15
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• pp.97-103
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• 2005

Building costs means capital costs which include cost of land, costs of acquiring and preparing the site, construction costs, professional fees, furnishings, cost of financing the project. and cost of management required to run and maintenance the building for use. There are several phases that determine the building costs : design phase, construction phase, and operation & maintenance phase. So, the cost of work could be set against the examining the full range of complexities that a building program might contain. To solve this problem, it needs to compute building cost systematically. This is still in the development stage, awaiting the organization of rational cost data base. The method of cost saving by cost control could be constituted by detailed knowledge of building costs for all possible combinations of components and subsystems that can be assembled into integration model of cost factor on each phase of project development. The model of cost saving in each building phase is available for procedures of cost control of building systems.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.21 no.1
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• pp.91-102
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• 1996

The multicast routing algorithm is necessary to transmit multimedia traffic efficiently in ATM (asynchronous transfer mode) networks. In this paper, we propose the multicast routing algorithm which is based on VP/VC characteristic. The proposed algorithm is based on VP tree concept and using cost function which is based on VP/VC switching. The cost funication is composed of link cost, delay and weighting factor on delay and the weighting factor is calculated by delay sensitivity of the traffic. The proposed algorithm can choose delay bounded path which satisfies delay constraint, moreover it can choose optimal path among VPs which has the same link cost and satisfying delay constraint. With controlling weighting factor, proposed algorithm can set-up efficient path. When the weighting factor sets to be between 0.8 and 1, experimental results show that the perforance of proposed scheme is approximated to that of cost optimal algorithm and strongly delay optimized algorithm.

• Journal of Fisheries and Marine Sciences Education
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• v.27 no.1
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• pp.262-272
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• 2015

The aim of this study is to analysis factors that determine the competitiveness of container ports using the KJ and AHP methods. For this, 54 detailed attributing factors were identified both by previous studies and port users. 24 attributing factors were identified by a group of port experts. also, These were grouped 18 detailed attributing factors into 6 attributing factors by a group of port experts using the KJ method. These were made into a model of hierarchical structure with 3 levels, taking 1 goal factor, 6 evaluation factors and 18 detailed evaluation factors. The collected date of questionnaires were analyzed by a group of port experts using the AHP method. The analysis result of the evaluation factors in container port shows that port cargo volume is the most important factor, followed by port location, port cost, port service, port facility and port management. The analysis results of detailed evaluation factors in container port shows that import and export cargo volume is the most important factor, followed by transshipment cargo volume, distance from main trunk, cargo handling cost, distance from the point of importing and exporting, speediness of cargo handling, stability of cargo handling, vessel/cargo cost in port entry and leaving, punctuality in port entry and leaving, number and length of berth, collateral service cost, terminal area, hinterland accessibility, ability of terminal operation company, front depth of berth, etc.

• The Journal of Information Technology
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• v.9 no.4
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• pp.75-85
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• 2006

This study is to test the influence of stock option granting information on the firm's performance. The important issue in stock option is that agent cost is the important determinant factor for the long term performance. The agent cost arises between the manager and shareholders. So many study are concentrated in diminishing the agent cost, and develop some substitute tools to measure the agent cost. The event study about stock option analyzes returns around event date at a time. Event study provides estimation periods and cumulative returns. Announcements about stock option are generally associated with positive abnormal returns in short term period, but not showing positive effect in long term period. It is important to investigate the responses of stocks to new information contained in the announcements of stock option. Therefore it is important to study the long term performance in the case of stock option. The event time portfolio approach exists the CAR model, BHAR model and WR model. And the calendar time portfolio approach has the 3 factor model, 4 factor model, CTAR model, and RATS model. This study is forced to develop and arrange two approach method in evaluating the performance, the event time portfolio approach and calendar time portfolio approach.

• Journal of Hydrogen and New Energy
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• v.32 no.6
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• pp.477-482
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• 2021

Hydrogen production, hydrogen production cost, and utilization rate were calculated assuming four cases of hydrogen production system in combination of photovoltaic power generation (PV), water electrolysis system (WE), battery energy storage system (BESS), and power grid. In the case of using the PV and WE in direct connection, the smaller the capacity of the WE, the higher the capacity factor rate and the lower the hydrogen production cost. When PV and WE are directly connected, hydrogen production occurs intermittently according to time zones and seasons. In addition to the connection of PV and WE, if BESS and power grid connection are added, the capacity factor of WE can be 100%, and stable hydrogen production is possible. If BESS is additionally installed, hydrogen production cost increases due to increase in Capital Expenditures, and Operating Expenditure also increases slightly due to charging and discharging loss. Even in a hydrogen production system that connects PV and WE, linking with power grid is advantageous in terms of stable hydrogen production and improvement of capacity factor.

• Proceedings of the KIEE Conference
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• 1996.07a
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• pp.255-258
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• 1996

A new low conduction loss, low cost zero-voltage-transition power factor correction circuit(PFC) is presented. Conventional PFC which consists of a bridge diode and a boost converter(one switch) always has three semiconductor conduction drops. Two switch type PFCs reduces conduction loss by reducing one conduction drop but the cost is increased because of increased number of active switches. The proposed PFC reduces conduction loss with one switch, which allows low cost. Conduction loss improvement is a little bit less than that of two switch type, but very close up. Operation and features are comparatively illustrated and verified by simulation and experimental results of 1 kW laboratory prototype.

• Journal of the Korean Operations Research and Management Science Society
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• v.22 no.3
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• pp.23-36
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• 1997

In the design of telecommunication network, the network configuration using hubbing topology is useful for designing and managing the network efficiently : i. e. all of central offices (COs) are grouped into clusters. Each cluster has one hub consisting of large-scale transmission facilities like digital cross-connect systems and ATMs. In clustering process, the community of interest and geographical factor should be considered. However, there exists a tradeoff between two factors. One is to minimize total link costs for geographical factor and the other is to maximize the total intra-cluster traffics for community of interest. Hence, this can be solved by multiobjective linear programming techniques. In this paper, the problem under considerations is formulated as two p-median subproblems taking into considerations total costs and total intra-traffics, respectively. Then we propose the algorithm to solve the problem based on the concept of cost-traffic tradeoff. The algorithm enables to identify efficient cost-traffic tradeoff pairs. An illustration is also presented.

• Journal of Applied Reliability
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• v.11 no.2
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• pp.187-212
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• 2011

KHP project sets total ownership cost as the target cost by applying CAIV and administrates total ownership cost through compromise analysis, a periodical estimate and management of design alternatives for each development. Based on expected cost results, sensibility of total ownership cost is analyzed complying with the change of reliability, availability, maintainability and other related factors. By considering potential total ownership cost saving methods, first of all, this paper identifies total ownership cost changing effects for each related factor, secondly, suggests total ownership cost and maintenance and operating cost saving methods via finding components that affect total ownership cost and lastly, suggests total ownership cost saving directions that may be applied to other projects in the future.

• Journal of the Korea Safety Management & Science
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• v.1 no.1
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• pp.135-143
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• 1999

This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected bum-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in practice.