• Title/Summary/Keyword: Efficient revenue

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Influence of Perceived Service Clues on Experienced Value, Trust, and Loyalty of Franchise Snack Bar: Focused on Busan Area

  • Lee, Soon-A;Song, Sung-Hee;Lee, Sang-Mook
    • Culinary science and hospitality research
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    • v.22 no.1
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    • pp.1-8
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    • 2016
  • The purpose of this study is to develop and test a model that explains the effect of perceived service factors on: 1) experienced value, 2) trust, and 3) loyalty in context of franchise snack bar. In addition, the study will clarify how these variables relate to each other. The findings of this study identified that functional and humanic clues are the most significant components which influence on experiential value as well as trust in franchise snack bar sector. These findings may contribute to provide valuable marketing strategic for this business segmentation, and it can be utilized as a fundamental study to establish an efficient business plan to increase revenue in the industry.

A Study on the generator Planning of GENCO in the competitive power markets (경쟁시장에서 발전업자의 발전설비계획에 관한 연구)

  • Kim, Tae-Young;Kim, Kang-Won;Han, Seok-Man;Kang, Dong-Joo;H. Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2008.11a
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    • pp.418-420
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    • 2008
  • The GENCO of competition in the market for profit maximization of business development for the study of how to build a facility plan. The total revenue for this thesis may be deducted from the total cost calculations and the cumulative profit, the result of cumulative profit through the profit and loss, and up to the turn-off to find a generator of canonicalization. Fortran, using a model to formally implement the program, and a graph that displays the results to build any power plants is the most efficient visibility of the eye can see.

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DEA를 이용한 통신 사업자의 효율성 측정에 관한 연구

  • 김찬규;김현종
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.213-217
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    • 2001
  • This paper deals with the estimation of efficiency of Telecommunication Operators(TOs) using DEA (Data Envelopment Analysis). The measure of efficiency using DEA accomplishes next two steps. First, the efficient frontier is derived using the data of input and output. And then the efficiency of the decision making units are measured by the distances from this frontier To measure efficiency, we consider a one-output, three-input production function. We use the tangible assets, investment cost, the number of employees for input data and measure the output by the revenue. After measuring the efficiency, We can compare the domestic TOs with the international TOs and the wire TOs with wireless ones by average efficiency. After accomplishing the analysis of efficiency, the internal/external efficiency is measured simultaneously through correlation between efficiency and profitability, quality level.

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Strategic Approach to Enhance the Research and Development Productivity (연구개발에서의 생산성 향상을 위한 전략적 접근)

  • 윤석환
    • Journal of the Korean Professional Engineers Association
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    • v.32 no.6
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    • pp.40-43
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    • 1999
  • The R&D productivity has the same meaning as that of general meaning. Its input includes budget, facility, schedule, idea and target, and its output includes patent, paper, technological innovation and revenue increase and technology accumulation influenced by these factors. The choice of R&D item which will have the large effectiveness after customization, resource input of proper level, application of efficient development schema, effective usage of development output, objective appraisal for the R&D output and extension for the future project are the main factors for which is suggested to enhance the R&D productivity. The management's expectation for R&D can be represented as the innovativeness of output and potential influence to outsiders. The speedy output, even if incremental investment more than planning happens, will eventually result in the productivity enhancement of the enterprise, and managers must not encounter the opportunity loss in return for the excessive investment control.

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A Cost-efficient IPTV Strategy of Replica Placement for $3^{rd}$ Party Content Service

  • Diaz, Maria Elizabeth Aldana;Shin, Young-Rok;Huh, Eui-Nam
    • Proceedings of the Korean Information Science Society Conference
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    • 2011.06a
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    • pp.391-394
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    • 2011
  • 3rd party content service is a consumer-based wide selection of contents in which IPTV provider believes will enhance the service considerably extending the variety of contents to finally provide a personalized service. Therefore, the combination of 3rd party content services and the IPTV infrastructure creates a good revenue opportunity but they need to be created. IPTV offers to create personalized channels to distribute 3rd party content service. However, the cost of $3^{rd}$ party content delivery is high when the service is provided from a faraway server. IPTV provider requires an effective strategy of replica placement to minimize the cost without a tradeoff on the performance. We propose a cluster-based strategy of replica placement to find the right balance between cost and performance. The results demonstrate the achievement of an outstanding delivery time and low cost.

Iterative search for a combined pricing and (S-1,S) inventory policy in a two-echelon supply chain with lost sales allowed

  • Sung Chang Sup;Park Sun Hoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.8-13
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    • 2003
  • This paper considers a continuous-review two-echelon inventory control problem with one-to-one replenishment policy incorporated and with lost sales allowed where demand arrives In a stationary Poisson process The problem Is formulated using METRIC-approximation in a combined approach of pricing and (S-1.S) Inventory policy, for which an iterative solution algorithm is derived with respect to the corresponding one-warehouse multi-retailor supply chain. Specifically, decisions on retail pricing and warehouse inventory policies are made in integration to maximize total profit in the supply chain. The objective function of the model consists of sub-functions of revenue and cost (holding cost and penalty cost). To test the effectiveness and efficiency of the proposed algorithm, numerical experiments are performed The computational results show that the proposed algorithm is efficient and derives quite good decisions

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Calculation of Distribution Service Tariffs using a Yardstick Regulation for Multiple Distribution Companies (다수의 배전회사에 대해 경쟁개념을 도입한 배전요금 산정에 관한 연구)

  • Ro, Kyoung-Soo;Sohn, Hyung-Seok
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.54 no.10
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    • pp.500-506
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    • 2005
  • With the advent of electric power systems moving to a deregulated retail electricity market environment, calculating distribution service tariffs has become a challenging theme for distribution industries and tariff regulators. As distribution business remains as a monopoly, it is necessary to be regulated. And as multiple distribution companies compete with each other, it would be efficient to adopt competition to the determination of distribution service tariffs. This paper proposes a method to calculate distribution service tariffs using yardstick regulation, which can lead to competition among multiple distribution companies. The proposed method takes into account not only recovering revenue requirements but also the advantages of the yardstick regulation based on long-term marginal costs of distribution network expansion algorithms. A computer simulation is carried out to illustrate effectiveness of the proposed method and it is estimated that the algorithm can be applied to compute the distribution service tariffs under retail electricity markets.

Investment Analysis of Venture Business for Probabilistic Cases (벤처사업의 투자결정기법: 확률적 사례를 중심으로)

  • 백관호
    • Journal of Technology Innovation
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    • v.6 no.2
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    • pp.178-207
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    • 1998
  • This article suggests a methodology to decide the priority of investment project for venture business under the dynamic circumstance. By the Monte Carlo procedure on the probability distribution of cost and revenue, the model simulates the investment project to estimate profit ratio and risk. The profit ratio is calculated on the yearly basis for the relative comparison. The project risk is calculated as semi-variance under the target yield. After sufficient simulations in this fashion for several projects, the efficient projects with more profit and less risk are selected by the dominance principle. Then the regression equation of the selected projects is produced to find the relative value of the projects. The relative value is obtained through dividing the raw profit ratio by the estimated one on the equation. This value shows the degree to which the simulated project yields over the equation. The priority of investment is decided by this value. An examplary venture business of chemical development for semi-conductor is presented as a case study.

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An Experimental Study on Retroreflectivity of Road Marking using Recycled Glass (도로 노면표시용 재생 유리의 반사성능에 관한 실험적 연구)

  • Lee, Myung Soo;Jeon, Chan Ki;Park, Jeong Jun
    • Journal of the Society of Disaster Information
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    • v.4 no.2
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    • pp.68-91
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    • 2008
  • Our country is consuming huge source of revenue to improve geometric structure of road with a view to improve safety of the road. However, it is more efficient to provide high-quality pavement markings to the road users. For this purpose, in this study, it is considered the optical theory related to retroreflectivity of pavement marking along with the our country's study literature and foreign. And also considered ur country standard related to pavement marking, made pavement marking sample and measured retroreflectivety. For the experiment, it is selected colors of normal temperature-type paints, grading and content of glass bead as experiment factors. After it is made the same conditions like construction spot, measured retroreflectivity according to the combination of factors and analyzed the optimization of factors.

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Optimal Link Allocation and Revenue Maximization

  • Joutsensalo, Jyrki;Hamalainen, Timo
    • Journal of Communications and Networks
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    • v.4 no.2
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    • pp.136-147
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    • 2002
  • In this paper, the maximal capacity of the data network link has attempted to be exploited by using the dynamic allocation strategy. We propose a new methodology based on the economic models for competing traffic classes (classes of sessions) in packet networks. As the demand for network services accelerates, users' satisfaction to the service level might decrease due to the congestion at the network nodes. To prevent this, efficient allocation of a networks resources, such as available bandwidth and switch capacity, is needed. By using the so-called user profile as well as the utility (e.g., data rate) functions, it is possible to allocate data rates and other utilities using the arbitrary number of QoS classes, say $0.01,...,$10.