• Journal of Technology Innovation
• /
• v.24 no.3
• /
• pp.81-105
• /
• 2016

The purpose of this study is to estimate the cost-saving effect of R&D investment in the ICT industry. As is well known, the R&D investment induces both the product innovation and the process innovation, in turn leads the effect of creating profit and cutting cost. However, it appears that studies concerned with the cost-saving effect of R&D investment have been unproductive, while most existing studies concentrate on the topic involved with the creating profit of R&D investment. Therefore, we extend the effect of R&D investment to a framework of the cost-saving focusing on the ICT industry. To empirically analyze the effect, we built a simultaneous three-equation model comprising a translog cost function and two cost share equations, and employed the SUR analysis. As a result, we found out that the cost-saving effect on the total cost is statistically significant. In addition, we examined relationships between the R&D investment and each cost of production elements. The results show that on the one hand, the R&D investment and the intermediate good cost have the substitution relationship. On the other hand, the complementary relationship is observed between the R&D investment and each labor or capital cost.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.35 no.4
• /
• pp.211-218
• /
• 2012

We analyzed the effect of inventory pooling on the system where multiple depot was used to replenish retailers and where inventories are kept only on the depots. Inventory pooling consists of inventory integration and inventory exchange. We used simulation for checking the cost saving effect of reducing the number of depot (Inventory Integration) for the case when inventories kept on every depots are commonly used for all retailers when certain depot have stock out for their retailer assigned to them (Inventory Exchange) with the constraint of service level. Simulation on wide range of parameter settings results show that cost saving effect from inventory integration diminishes when transportation cost between depot and retailers or stock out cost, or retailer number increases. The effect becomes stronger when the demands on retailers have bigger variance or average. Also the results show that the cost saving effect from inventory exchange becomes stronger on the same situation when inventory integration effect becomes stronger.

• Journal of the Korean GEO-environmental Society
• /
• v.4 no.4
• /
• pp.73-84
• /
• 2003

In this study, the economic pile design procedure using the proof test results was proposed. In order to improve the inappropriate pile design routine, the proof test for 6 pile cases were performed and the construction saving effect were analyzed. The saving rate of construction cost with the small diameter piles and the large diameter drilled shafts were 34 - 47 and 0 - 55 %, respectively.

• The Transactions of the Korean Institute of Electrical Engineers P
• /
• v.57 no.4
• /
• pp.404-407
• /
• 2008

Because of directly receiving the thing in which a microwave is reflected and comparing the frequency, the microwave sensor with doppler effect completely overcomes the problem of the passive infrared sensor. The microwave sensor with doppler effect well operates about a temperature, the dust, and the peripheral noise because of being dull in the most of ambient conditions. The system developed in this research is the electricity saving detection sensor which it senses the real time action of a man as the microwave sensor and automatically turns on the electric lamp and turns off, minimizes the electrical energy consumption. Since the microwave sensor is not influenced in the light, the dust, and the natural element like the ambient temperature, the effectiveness is considered to be superior to the passive infrared sensor being used currently. There was the energy reduction effect more than about 60% in the performed example which established this system. When this was compared with the construction cost, the cost of establishing payback period was about 1-1.5 year. The microwave sensor with doppler effect developed from this research result is convinced in the future to do enough for the electric energy saving.

• Journal of The Korean Society of Agricultural Engineers
• /
• v.51 no.4
• /
• pp.1-6
• /
• 2009

This study analyzed and evaluated the effect of agricultural water reduction by introducing automated agricultural water management using alternative cost approach. The approach is possible to evaluate none market property as an asset. The saved agricultural water was evaluated as none market property. As the alternative goods, Seongju and Donghwa dam, typical irrigation dams in domestic, were employed. The economic benefit from water saving effect of an automated agricultural water management was calculated as depreciation expense and maintaining cost of construction agricultural dam per saved agriculture water. As a result, the saved agriculture water was 8.5 million ton per year, and the economic benefit of it was $1.3{\sim}2.1$ million won.

• Korean Journal of Plant Resources
• /
• v.8 no.3
• /
• pp.297-302
• /
• 1995

The experiment is conducted to reduce the labor and production cost with the labor save of harvest if cultivating the potatoes using the machine and the results are as follows. On labor saving effect in transparent vinyl mulching, digging working hours per 10a in the case of using tractor are 60 min., fixing + turning time is 5 min. and 30sec., the time of harvest is 65 min and 30sec., digging working hours using cultivator are 99 min. and fixing +turning time is 5 min. and 30sec., but the time of hand harvesting is 990 min. and in digging labor saving effect, tractor shows 94% in the harvesting period and harvest by cultivator 90%. On non mulching cases, the harvest by tractor takes 49 min. and 30 sec. and that by cultivator does 87 min. and 30 sec., and digging labor saving effect shows 94% in the tractor harvest and 90% in the cultivator harvest. Therefore, on the operation efficiency per hour, in the case of tractor with digger vinyl mulching and non mulching show, $0.091\sim0.121ha$ and in the case of cultivator with digger both show $0.057\sim0.069ha$, so in the mechanized harvest of potatoes, the harvest by tractor with digger is the best. On the cost and labor save for harvesting the potatoes with labor saving effect, tractor shows 19 hours and 20 min./10a in vinyl mulching and 19 hours. and 54 min./10a in non mulching, so it shows the short hours for harvesting. And labor saving effect shows $42\sim45%$ in comparison with 35 hours and 21 min. $\sim35$ hours and 23 min.($123,113\sim130,613$ won) of the hand harvest, so the cost was reduced to $71,250\sim72,225$ won. On the cultivator with diggers, vinyl mulching takes 19 hours and 55 min. and non mulching 19 hours and 38 min., so the labor saving effect and cost were reduced to $14\sim44%$ ($72,675\sim73,313$ won) in comparison with the hand harvest.

• Korean Journal of Plant Resources
• /
• v.9 no.1
• /
• pp.63-69
• /
• 1996

The experiment was conducted to reduce the labor and production cost with the labor save of harvest in cultivating the onion using the machine and the results are as follows. On labor saving effect in transparent vinyl mulching, digging working hours per 10a in the case of using tractor are 55 min., fixing + turning time is 11 min.,the time of harvest is 66 min, digging working hours using cultivator are 90 min. and fixing + turning time is 9 min., but the time of hand harvesting is 693 min and 41 sec. and in digging labor saving effect, tractor shows 90% in the harvesting period and harvest by cultivator 86%. On nonmulching cases, the harvest by tractor takes 44 min. and that by cultivator does 75 min, and digging labor saving effect shows 93.6% in the tractor harvest and 89% in the cultivator harvest. Therefore, on the operation efficiency per hour, in the case of tractor with digger vinyl mulching and nonmulching show $0.091\sim0.136ha$ and in the case of cultivator with digger-both show $0.061\sim0.08ha$, but in the case of hand harvest, vinyl mulching and nonmulching are $0.008\sim0.009ha$, so in the mechanized harvest of onion, the harvest by tractor with digger is the best. On the cost and labor save for harvesting the onion with labor saving effect, tractor shows 19 hours and 26min./10a in vinyl mulching and 18 hours and 54min./10a in nonmulching, so it shows the short hours for harvesting. And labor saving effect shows 37% in comparison with 29 hours and 49 min. $\sim30$ hours and 38 min.($110,587\sim113,925won$) of the hand harvest, so the cost was reduced to $69,525\sim72,225won$. On the cultivator with diggers, vinyl mulching takes 19 hours and 49 min and nonmulching 20 hours and 2 min., so the labor saving effect and cost were reduced to $32\sim36%$($73,087\sim75,075$ won) in comparison with the hand harvest.

• 한국신재생에너지학회:학술대회논문집
• /
• 2010.11a
• /
• pp.151.1-151.1
• /
• 2010

Natural gas hydrates (NGH) provide 170 gas volumes per unit volume of the medium and are easier to make with moderate pressure and temperature (40 bar at 3 C). Once they form, their preservation temperature is 20 C at 1 bar, which is much milder than the LNG preservation. In case of using the NGH, The small and medium sized gas well has advantages for development because of NGH's these characteristics. According to the cost evaluation report of Gudmundsson in Norway and the research of MES in Japan, the gas well that uses the NGH has a cost saving effect about 10~20% compared LNG. The effect depends on distance and production. However, cost saving and efficiency of liquefaction process is increased by the development of LNG liquefaction technology. Therefore, these factors have to be reflected in economic analysis. The purpose of this research is to compare the cost of Gas Supply Chain according to the transport type, distance and gas reserves. Especially, we consider not only the cost of facility but also the total cost (production cost, transport cost, etc).

• Journal of the Korean Operations Research and Management Science Society
• /
• v.33 no.3
• /
• pp.77-92
• /
• 2008

Commonality strategy is a popular design practice in designing a product line as it enables the firm cost saving and simplification in design, manufacturing, and distribution processes. However the issue of commonality has been mostly analyzed from a profit maximizing firm's perspective and, to our knowledge, there is no literature that deals with the issue from a different perspective. in this paper, we consider the issue of commonality strategy from a social welfare maximization perspective, and argue that commonality strategy used in designing of public goods can bring certain benefits not just for a firm but also for consumers, i.e., for society as a whole. While we assume certain cost saving in production process due to economies of scale under commonality strategy, we conceptualize two different effects of commonality strategy, utility effect due to cost saving and weighted-averaging effect, and show how these two effects interplay to determine the design of common attribute and desirability of commonality strategy. We also discuss how the implementation of commonality strategy differs under different objectives of a product line designer : social welfare and firm's profit maximization.

• Journal of the Korean Society for Aviation and Aeronautics
• /
• v.21 no.1
• /
• pp.39-44
• /
• 2013

The amount of greenhouse gas (GHG) emissions has been increasing steadily over the last 4 years, averaging 6.8 percent a year, due to the growth of low cost carriers and the increased demand for air transportations. For the aviation GHG reduction, various fuel saving activities are implemented in many areas such as high-efficiency aircraft and bio-fuel development in the technical part and low carbon flight procedures, short cut route development in the operational approach. Among the various reduction technologies, we focused on low carbon flight procedures that are crucial to GHG reduciton and suggested a reduction effect according to target implementation rate using by fuel saving estimation data in each aircraft type.