• Title/Summary/Keyword: Material Price

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Environmental Regulations and Measurement of Market Power in a Depletable Resource Industry (환경규제를 고려한 고갈성 자원산업의 시장지배력 측정)

  • Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.745-766
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    • 2009
  • It is not valid to measure the degree of market power based on the markup of price over marginal market cost in an industry for which the market price of some inputs is not available because those inputs are then excluded in estimating the dual total cost function. If the roles of those inputs are ignored, the markup of price over marginal market cost is likely to be positive in the perfectly competitive industry. In order to have accurate market power markups for the environmentally regulated Korean iron and steel industry, in which the market price of raw material and the price of abatement capital are hard to obtain, in this paper, a dual cost function is derived given the optimal quantities of raw material and abatement capital, and then estimated jointly with the supply relation. The annual average degree of market power for the industry is estimated to be 0.49 over the period 1982~2001. Ignoring environmental regulation would overstate the degree of market power by about 8 percent.

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Comparative Study of Major factors of Customer Satisfaction between Franchise and Non-Franchise Skin-care & Obesity Clinics in Pusan (부산지역 프랜차이즈피부비만관리실과 일반피부비만관리실의 고객만족도 영향요인)

  • Chung, Young-Ae;Kim, Un-Sin;Bae, Sung-Kwon
    • The Korean Journal of Health Service Management
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    • v.3 no.2
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    • pp.55-64
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    • 2009
  • The purpose of this study was to examine the use of skincare & obesity clinics, customer satisfaction with franchise and non-franchise skincare & obesity clinics and customer selection criteria in the region of Busan in a bid to suggest some of the right directions for marketing strategies for the inauguration of skincare & obesity clinics. The subjects in this study were 240 users of 16 different skincare & obesity clinics selected from Busan. Out of the clinics, four franchise clinics and four non-franchise clinics were selected from the major commercial districts, and four franchise clinics and four non-franchise clinics were selected from the residential areas. Concerning the influence of three leading factors on customer satisfaction, all the service price, material service and human service had a significant impact on customer satisfaction in the franchise model for the commercial districts. In the case of the franchise clinics in the residential areas, only service price exerted a significant influence on customer satisfaction. In terms of the non-franchise model for the commercial districts, customer satisfaction was under the significant influence of human service and material service, and that was significantly affected by human service and service price in the non-franchise model for the residential areas.

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A Study of the Price Determinants for Public Residential Land Investment - From the Perspective of Land and Market Factors - (택지지구 공동주택용지의 투자가격 결정요인에 관한 연구 - 토지특성 및 시장요인 관점에서 -)

  • Choi, Kiheon;Lee, Sangyoub
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.3
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    • pp.108-115
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    • 2016
  • The price determinant for land investment depends on the internal information process and subjective decision making by management in general. Accordingly, the systematic frame to determine the feasibility of investment price to the public residential land for multi-housing development by private sector has not been proposed. The purpose of this study is to explore the frame to determine the investment price for public residential land from the perspectives of land attribute and apartment market factor. Multiple regression has been implemented to confirm the eligibility of proposed model. Research findings indicate that the land area, floor area ratio, coverage ratio, location have been identified as the total land cost determinant, and for the determinants for floor area land cost, the ratio of apartment, sale price, rent price, etc, have been identified. This research intends to provide the basis for land providers to predict the land value as a raw material in market and present the indicators for land buyers to review the price adequacy for the investment.

Study of a Online Survey System for Monitering of Construction Cost on Construction Site (건설현장 시장가격 모니터링을 위한 온라인 상시조사에 관한 기초연구)

  • Lee, Ju-hyun;Baek, Seung Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.202-203
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    • 2020
  • Unlike price calculation by cost accounting, which categorizes costs into material costs, labor costs, and miscellaneous expenses to determine the construction budget price, construction cost calculation based on Construction Standard Unit Prices utilizes unit prices extracted from market prices of items from projects already completed to estimate costs of similar construction projects. Although unit price information is collected through construction site surveys to revise these construction standard unit prices every year, but due to the limitations of the site survey method, it is difficult to quickly implement the rapid changes in the construction methods and market prices. As such, an important issue that arose was the identification of work items whose prices need urgent revision. This study conducted research on factors that need to be considered when developing online survey system for monitoring construction site market prices. This study is expected to enhance convenience for users, and provide an efficient data collection and management system for administrators.

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A Study on the system Applied Air-Vent to Complex Lay Poly-Urethane Waterproofing Material and Air-Permeability Buffer Sheet of Disconnection Type (Web기반을 활용한 자재 조달 시스템 개선방안)

  • Lee, Im-Bae;Kim, Hong-Hyun;Yoon, Su-Won;Min, Kyung-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2008.11a
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    • pp.141-145
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    • 2008
  • Because of world financial crisis, The Korea domestic construction industry has been damaged hugely on material supplying work. A current domestic material supply system can't react properly on a great rise of foreign exchange rate and raw material price, so the system has a problem which is not properly supplying material. To solve this problem, a more innovative material supply work system is seriously needed than ever. So this study wants to improve material supply system for supplying material right time, right place through applying a web-based system. Applying this, overall process of material-supply-work can be done on a web-based system for immediately understanding change of ordering and warehousing by material-supply-schedule to a domestic construction field.

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Membranes for the Guided Bone Regeneration

  • Lee, Sang-Woon;Kim, Seong-Gon
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.36 no.6
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    • pp.239-246
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    • 2014
  • Many kinds of membrane have been used for the guided bone regeneration (GBR) technique. However, most membranes do not fulfill all requirements for the ideal membrane for the GBR technique. Among them, collagen membrane has been most widely used. However, its high price and weak tensile strength in wet condition are limitations for wide clinical application. Synthetic polymers have also been used for the GBR technique. Recently, silk based membrane has been considered as a membrane for the GBR technique. Despite many promising preclinical data for use of a silk membrane, clinical data regarding the silk membrane has been limited. However, silk based material has been used clinically as vessel-tie material and an electrospun silk membrane was applied successfully to patients. No adverse effect related to the silk suture has been reported. Considering that silk membrane can be provided to patients at a cheap price, its clinical application should be encouraged.

Technical and economical assessment of applying silica nanoparticles for construction of concrete structures

  • Rad, Sajad Shariati
    • Computers and Concrete
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    • v.22 no.1
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    • pp.117-122
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    • 2018
  • The use of nanotechnology materials and applications in the construction industry should be considered for enhancing material properties. However, in this paper, the technical and economical assessment of applying silica nanoparticles for construction of concrete structure is studied. In order to obtain the equivalent material properties of the structure, the Mori-Tanaka model is used considering agglomeration of nanoparticles. The effect of using these nanoparticles on mechanical properties of concrete, such as the modulus of elasticity, compressive strength, as well as its indirect effect on armature percentage is investigated. Finally, the price of silica nanoparticles and its effect on the price increase of concrete structure is investigated. The results show that increasing the volume percent of silica nanoparticles up to 10% improves elastic modulus 111% and reduces amateur percentage up to 72%.

Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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An Empirical Study on the Cost Finding of Dental Laboratory Products in a University Hospital (치과기공물(齒科技工物) 원가계산(原價計算)에 관(關)한 실증적(實證的) 연구(硏究))

  • Paek, Seok-Hyeon
    • Journal of Technologic Dentistry
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    • v.16 no.1
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    • pp.78-104
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    • 1994
  • Under the fee for service schedule of Korean health insurance system, rational fee for dental laboratory products based on the cost is required to be formulated. The purpose of this study was to find actual cost of dental laboratory products in case of a University Hospital. Materials of this study were used as follows : 1. Balance sheet at Dec. 31, 1992 and profit and loss report of the year 1992 of the sample hospital 2. Performance report of dental laboratory department. 3. Purchasing and other accounting bills of dental laboratory materials. The following methods were used. 1. Actual cost finding of dental laboratory department was performed. 2. Work sampling methods were used for measuring standard working time by the process of working. 3. To porcelain fused to metal crown(non-precious), Relative value of the cost of dental laboratory products was calculated as 1.00. 4. Fee and cost of those products were compared on the basis of Relative values. The results of the study can be summarized as follow : 1. Overall, it took longs time than other items. to product denture-related items. 2. When several teeth are made in a time, average production time is much sorter than when one tooth is made in a time. 3. The relative price cost of Dicor cast crown and denture related items are higher than the criterion items. 4. The material cost occupies average 11% out of the total price cost, proportion of personnel expenses is average as 60.0%. 5. Some of the components consisting of the price cost are not reflected adequately in setting the level of the reimbursement price. 6. Relative values of dental laboratory products price cost are varied in the range from 0.05 to 2.83, overall, the reimbursement price of dental products appears not to reflect adequately the price cost. On the basis of this study results, the following ideas would be suggested : 1. Fee Schedule of dental laboratory products should be renovated in order to reflect their costs. 2. Dental laboratory product manufacturers should be enlarged for the economy of scale which may be useful for cost- containment. 3. Dental laboratory producters themselves are required to be standardiqed according to the categories of skill.

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Weight Change of Microcellular Plastics by Using nitrogen Gas (질소 가스를 이용한 초미세 발포 고분자 재료의 무게변화)

  • Jeing, Dae-Jin;Cha, Sung-Woon;Yoon, Jae-Dong
    • Journal of the Korean Society for Precision Engineering
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    • v.17 no.9
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    • pp.196-201
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    • 2000
  • There is a great demand for reducing the amount of material used in mass-produced plastics parts for material cost constitutes a large percentage of the total cost of a product up to 75% It may be noted that the price of plastics is directly related to the price of petroleum. Material reduction therefore decreases the amount of oil needed for the manufacture of plastics and thus help conserve this natural resource. Therefore microcellular foaming process(MCPs) was studied for solving this problems alternatively in 1980's at M. I. T. Until now in microcellular plastics processes carbon dioxide gas was mainly used for microcellular foaming Because carbon dioxide has more solubility than any other gases such as nitrogen gas or helium gas. The purpose of the this research is measurement of changing of the microcellular plastics' weight by using nitrogen gas in injection molding an comparing weight reduction of microcellular foamed plastics for using carbon dioxide gas with nitrogen gas.

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