• Journal of the Korean Society for Library and Information Science
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• v.39 no.2
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• pp.35-55
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• 2005

This study attempts feasibility analysis of cataloging outsourcing. The economic analysis model based on information economics categorizes the benefit into direct benefit and value linking. We measure direct benefit by cost savings and cost avoidance, value linking by the degree of improvement in cataloging quality The results show that there is no feasibility overall, because librarians spent more time to control the quality due to vendor's lack of professionalism, resulting little effect on cost savings. When cataloging outsourcing is forcibly used under the economically infeasible condition, it is impossible to achieve the basic purpose of operating cost savings and improvement of service function.

• ETRI Journal
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• v.40 no.5
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• pp.664-676
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• 2018

Given the rapidly increasing market penetration of photovoltaic (PV) systems in many fields, including construction and housing, the effective maintenance of PV systems through remote monitoring at the panel level has attracted attention to quickly detect faults that cause reductions in yearly PV energy production, and which can reduce the whole-life cost. A key point of PV monitoring at the panel level is cost-effectiveness, as the installation of the massive PV panels that comprise PV systems is showing rapid growth in the market. This paper proposes an implementation method that involves the use of a panel-level wireless PV monitoring module (WPMM), and which assesses the cost-effectiveness of this approach. To maximize the cost-effectiveness, the designed WPMM uses a voltage-divider scheme for voltage metering and a shunt-resistor scheme for current metering. In addition, the proposed method offsets the effect of element errors by extracting calibration parameters. Furthermore, a design method is presented for portable and user-friendly PV monitoring, and demonstration results using a commercial 30-kW PV system are described.

• Journal of Electrical Engineering and Technology
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• v.4 no.1
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• pp.43-48
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• 2009

The purpose of the this paper is to make decision of the maintenance priority of power distribution system using Time-Varying Failure Rate(TVFR) with interruption cost. This paper emphasizes the practical use of the reliability indices and interruption cost. To make a decision of maintenance priority on power distribution system equipment, the quantification of the reliability level should be represented as a cost. In this paper, the TVFR of power distribution system equipment applied in this paper utilizes analytic method to use the historical data of KEPCO. From this result, the sensitivity analysis on TVFR of equipment was done for the priority, which represents that high priority of the equipment has more effect on system reliability, such as SAIDI or SAIFI, than other equipment. By this priority, the investment plan is established. In this result, customer interruption cost(CIC) could be extracted, and CIC is used as weighting factor to consider a importance of customer. After that, the result calculated the proposal method in this paper is compared with other priority method, such as lifetime, failure rate or only sensitivity.

• Journal of Korea Port Economic Association
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• v.24 no.4
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• pp.219-236
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• 2008

A research on logistics cost needs a great deal of effort to calculate logistics cost and analyze its characteristics due to the complexity of logistics cost components. For this reason, the logistics cost is generally calculated based on the government level analysis. However, the standards for calculating logistics cost have not been obvious so far. Furthermore, it is true that it takes a long time and a lot of money to evaluate the percentage of each logistics cost component. The expansion of SCM entities has diversified the factors determining the logistics cost and the change of business environment has had an effect on the components of logistics costs. Therefore, in order to research on logistics cost, it is needed to focused on not only the segmentation of logistics cost components but also on their characteristics, and to separate the former from the latter. That is because the logistics cost components or the characteristics of these components depend on the current situation and conditions of companies. In addition, a strategy to reduce the components of logistics costs such as the transport cost and the storage cost without analyzing the characteristics and causes of the logistics cost could be an alternative unsuitable for the current status of companies concerned. In conclusion, this study was aimed at investigating the factors which are required to fundamentally assume and consider in an effort to calculate and reduce logistics cost based on analyzing the characteristics of logistics cost components.

• Journal of KIBIM
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• v.7 no.3
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• pp.40-48
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• 2017

It only takes one failed project to wipe out an entire year's profit, when the projects are not managed efficiently. Additionally, escalating costs of materials and a competitive local construction market make subcontractors a challenge. Subcontractors have finite resources that should be allocated simultaneously across many projects in a dynamic manner. Significant scheduling problems are posed by concurrent multi-projects with limited resources. The objective of this thesis is to identify the effect of productivity changes on the total cost resulting from shifting crews across projects using a descriptive model. To effectively achieve the objective, this study has developed a descriptive cost model for a subcontractor with multi-resources and multi-projects. The model was designed for a subcontractor to use as a decision-making tool for resources allocation and scheduling. The model identified several factors affecting productivity. Moreover, when the model was tested using hypothetical data, it produced some effective combinations of resource allocation with associated total costs. Furthermore, a subcontractor minimizes total costs by balancing overtime costs, tardiness penalties, and incentive bonus, while satisfying available processing time constraints.

• Journal of Information Technology Applications and Management
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• v.11 no.2
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• pp.1-14
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• 2004

The level of sunk cost and risk-taking theory have been offered as one explanation for the escalation of commitment behavior. This Study attempted to replicate Keil's study in Korea. Keil examined the level of sunk cost associated with the risk propensity and risk perception of decision-makers, and these factors are assessed for cross-cultural robustness using matching laboratory experiments carried out in three countries. The level of sunk cost and the risk perception of decision-makers contributed significantly to their continuous willingness to their project. Moreover, the risk propensity of decision-makers was inversely related to risk perception, and this inverse relationship was significantly more weak in Korea than in Singapore. These results show that the sunk-cost effect exists across cultures, and that the risk-taking behaviors are partially mediated by cultural factors.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.15 no.12
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• pp.1028-1034
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• 2003

The objectives of this paper are to study the effect of key parameters on the cycle performance and capacity and to estimate the cost of latent and sensible energy transportation systems. The overall conductance (UA) of each component, the ambient temperature and the absorber inlet temperature are considered the key parameters. It is concluded that COP of the solution transportation using an absorption system (STA) at ambient temperature is 10% higher than that of the conventional sensible system. It is also found that the cost of STA system can be reduced 7.5 times to that of sensible energy transportation for one year of operation with 10 km transportation distance.

• Journal of Korean Institute of Industrial Engineers
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• v.22 no.2
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• pp.231-245
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• 1996

Semiconductor manufacturing line includes several batch processes which are to be controlled effectively to enhance the productivity of the line. The key problem in batch processes is a dynamic batch sizing problem which determines number of lots processed simultaneously in a single botch. The batch sizing problem in semiconductor manufacturing has to consider delay of lots, setup cost of the process, machine utilization and so on. However, an optimal solution cannot be attainable due to dynamic arrival pattern of lots, and difficulties in forecasting future arrival times of lots of the process. This paper proposes an efficient batch sizing heuristic, which considers delay cost, setup cost, and effect of the forecast errors in determining the botch size dynamically. Extensive numerical experiments through simulation are carried out to investigate the effectiveness of the proposed heuristic in four key performance criteria: average delay, variance of delay, overage lot size and total cost. The results show that the proposed heuristic works effectively and efficiently.

• Journal of environmental and Sanitary engineering
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• v.14 no.2
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• pp.40-45
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• 1999

This study deals with an investigation on low cost adsorbents locally available n dyeing wastewater treatment of color removal. Peat, bentonite, slag and fly ash were utilized for this study. Considering that low cost adsorbents contained in $SiO_2$, $Fe_2O_3$ and $Al_2O_3$ compositions, and coagulants were mainly used aluminate and ferrate in color removal. Color of dyeing wastewater was high removed in peat, berntonite and slag except for fly ash with passed time. It could be known that color removal of peat and slag were increased to pH 4, but was hardly changed with advancing to alkaline. Color intended to be high removed with increasing of agitation speed but to be almost slow after 150rpm. As a result on the experiment of Freundlich adsorption isotherms, adsorption intensity(l/n) appeared to be peat>fly ash>slag>bentonite and adsorption capacity(k) came out peat>bentonite>slag>fly ash. Therefore, if low cost adsorbents substituted for existing adsorbents, peat, bentonite and slag could look forward to an expected economical effect.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.162-163
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• 2014

Operation and maintenance stage consists the largest portion of project life cycle cost. Appropriate management and analysis of such stages have massive effect on the total project cost. The effective prediction of optimized repair period is one of main factors in ㅌ management. However, it has been analyzed that the prediction of appropriate repair period revealed limitations in reliability. Therefore, this study suggests a methodology of repair period prediction by dividing finished projects into similar groups with same properties to be compared with the target project using quantitative variables.