• The Journal of the Korea Contents Association
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• v.2 no.1
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• pp.52-58
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• 2002

The purpose of this study is to investigate validity of integrated information system for materials & parts industry. This purpose is carried out using cost-benefit analysis. In cost analysis, we use a present value of budget of KISTI. In Benefit analysis, we use a present value of investment on information of materials & parts industry. In the result of cost-benefit analysis, us can find that cost-benefit ratio is 4.67.

• Asia pacific journal of information systems
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• v.16 no.2
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• pp.69-84
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• 2006

Importance of Today's diffusion of integrated hospital information systems is that various and huge amount of data is being accumulated in their database systems. Many researchers have studied utilizing such hospital data. While most researches were conducted mainly for medical diagnosis, there have been insufficient studies to develop medical care cost prediction model, especially using machine learning techniques. In this research, therefore, we built a medical care cost prediction model for cancer patients using CBR (Case-Based Reasoning), one of the machine learning techniques. Its performance was compared with those of Neural Networks and Decision Tree models. As a result of the experiment, the CBR prediction model was shown to be the best in general with respect to error rate and linearity between real values and predicted values. It is believed that the medical care cost prediction model can be utilized for the effective management of limited resources in hospitals.

• Proceedings of the KSR Conference
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• 2008.06a
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• pp.1097-1104
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• 2008

Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the unique templates of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

• Journal of the Korea Safety Management & Science
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• v.9 no.4
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• pp.121-127
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• 2007

CSP(Concurrent Spare Parts) is supplied with the procurement of new equipment or weapon system and is used to sustain the equipment without resupply during the initial coverage period. This study is concerned with a problem of determining the near optimal inventory level of the spare parts, especially Concurrent Spare Parts. For this, we utilize the mixed periodic and continuous review polices considering the CSP and (r,Q) Policies concurrently in a two-echelon distribution system. We propose the mathematical model to minimize the total cost which is composed with ordering cost, purchasing cost, holding cost, and stickout cost. If the mixed policy is compared to other policies(CSP, (r,Q)), the proposed methodology performs well and is best policy in the equipment maintenance expenses.

• Korea Journal of Hospital Management
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• v.10 no.1
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• pp.25-47
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• 2005

This study was purposed to find out the difference of the accounting of practical cost between the ABC system and the traditional costing system applied in a hospital, to verified general effect of ABC. Methods: This case study deals with the method of calculation, the cost information that is produced at K hospital in Busan. To examine ABC system and traditional costing system, applying them to the clinical pathology, radiology, physics in K hospital. Results: As a result of costing analysis, it is showed maximum difference of 50% between ABC and traditional cost. compared in revenue center, it occurs the difference of 15% of them. considering the result, it is confirmed that ABC could be used as a means to offer more precise information. therefore, ABC makes possible to produce precise costing information and grasp the driver of cost, and it is possible to reduce cost effectively. Conclusion: ABC provide six benefits: (1) more accurate of service delivered (2) inproved pricing and contracting strategies (3) improved management decision making capability (4) greater ease of determining relevant costs (5) reduced nonvalue added costs.

• Journal of Korean Institute of Industrial Engineers
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• v.41 no.2
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• pp.150-161
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• 2015

This paper proposes a new approach to technology valuation, the market-replacement cost approach which integrates the cost-based approach and market-based approach. The proposed approach estimates the market-replacement cost of a target technology using R&D costs of similar R&D projects previously conducted. Similar R&D projects are extracted from project database based on document similarity between project proposals and technology description of the target technology. R&D costs of similar R&D projects are adjusted by mirroring the rate of technological obsolescence and inflation. Market-replacement cost of the technology is then derived by calculating the weighted average of adjusted costs and similarity values of similar R&D projects. A case of "Prevention method and system for the diffusion of mobile malicious code" is presented to illustrate the proposed approach.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2006.11a
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• pp.506-512
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• 2006

In this paper, we propose a lot-sizing and scheduling problem that seeks to minimize the sum of production cost and inventory cost over a given planning horizon while considering idle state of a machine in a batch production system. For this problem, we develop an integer programming model. And, we develop an efficient 2-phase heuristic algorithm to find a high quality feasible solution within reasonable time bounds. In the first phase, we seek to minimize the production cost by assigning batches to machines. Then, in the second phase, we find a production sequence of batches that reduces the inventory cost, while considering adding or deleting idle states between batches. Computational results show that the developed heuristic algorithm finds excellent feasible solutions within reasonable time bounds. Also, we could significantly reduce the total cost consisting of production cost and inventory cost by using the developed heuristic algorithm at a real manufacturing system that produces zinc alloys.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.14 no.4
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• pp.795-802
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• 2010

Currently, the business environment has been rapidly changed due to the fast globalization and development of information technology. Therefore, many companies are trying to change their management system by improving their own decision making systems and innovations. Many domestic enterprises are introducing or considering the ERP system. In the field of ERP management accounting, there are many auxiliary functions for helping efficient internal management analysis for company. In this paper, we proposed and developed an improved method for minimize the variance between standard cost and actual cost of materials of the company. In this method we proposed efficient ERP cost management system considering current cost component including currency and actual material cost and overhead costs.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.5 no.1
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• pp.141-156
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• 2011

In this paper we develop a link cost function for data delivery in sensor network. Usually most conventional methods determine the optimal coefficients in the cost function without considering the surrounding environment of the node such as the wireless propagation environment or the topological environment. Due to this reason, there are limitations to improve the quality of data delivery such as data delivery ratio and delay of data delivery. To solve this problem, we derive a new cost function using the concept of Partially Connected Neural Network (PCNN) which is modeled according to the input types whether inputs are correlated or uncorrelated. The correlated inputs are connected to the hidden layer of the PCNN in a coupled fashion but the uncoupled inputs are in an uncoupled fashion. We also propose the training technique for finding an optimal weight vector in the link cost function. The link cost function is trained to the direction that the packet transmission success ratio of each node maximizes. In the experimental section, we show that our method outperforms other conventional methods in terms of the quality of data delivery and the energy efficiency.

• Journal of Korea Technology Innovation Society
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• v.9 no.1
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• pp.175-198
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• 2006

Analyzing the effects of information technology(IT) in the life insurance Industry is important in establishing the direction for future information technology investment. In this research, the cost-elasticity of IT capital stock was measured by the SUR technique, using the second-order translog cost function, which was drawn out by a Taylor expansion of the multi-product joint cost function. Analysis was made based on data from 1991 to 2003 collected from 33 life insurance firms. The results show that although the effects of information technology investment vary according to individual life insurance firms, half of the life insurance firms surveyed reduced their costs by investing in information technology. The research also revealed that although large life insurance firms reduced their costs by investing in information technology medium & small life insurance firms and foreign ,life insurance firms increase their costs. Additionally, although both information capital and information labor increase as the information budget increases, the increase in information capital is larger than one in information labor. Because the price of information capital is decreased rapidly more than one of information-related labor.