• Title/Summary/Keyword: Operation Fund

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A Study on the Financial System for Developing Mineral Resources and Protecting the Marine Environment in the Area (심해저 광물자원 개발과 해양환경보호를 위한 재정제도에 관한 연구)

  • Seongwook Park
    • Ocean and Polar Research
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    • v.45 no.1
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    • pp.11-22
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    • 2023
  • For the commercial development of deep-sea mineral resources, the International Seabed Authority is engaged in wide ranging discussions to establish the Regulations on Exploitation. The core issue of the Regulations on Exploitation is how to protect the marine environment along with the royalty system that distributes the profits from such development. The United Nations Convention on the Law of the Sea stipulates the protection of the marine environment in Part 12 (Articles 192-237) for the preservation of the marine environment, and in the 1994 Implementation Agreement, the protection of the marine environment at the stage of application for approval of the plan of work together with the Regulations on Exploration for the protection of the marine environment. For this purpose, certain obligations are imposed on the applicants. In the Regulations on Exploitation, financial systems such as environmental performance guarantee, insurance, and environmental compensation funds, which were not found in the Regulations on Exploration, are added to further specify the measures for marine environment protection generally stipulated in the 1982 Law of the Convention or 1994 Implementation Agreement. Regarding the financial system for marine environment protection, the Marine Environmental Protection and Conservation Informal Working Group meeting is revising the purpose of the environmental compensation fund. Among these financial system elements, it is judged that there is a possibility that the environmental performance guarantee and insurance may overlap considerably, and it is also thought that the establishment of the environmental compensation fund can also provide a substantial sum of money that will meet the purpose of the compensation fund in terms of securing its financial resources. In this paper, the question is posed as to whether or not this can be accomplished. In this respect, this paper examines the environmental performance guarantee, insurance, and environmental compensation fund, which are necessary for the protection of the marine environment of the deep seabed, but which can impose appropriate obligations on contractors for the commercial development of deep seabed mineral resources. At the same time as figuring out how it is operated in relation to relevant domestic laws, I would like to propose a plan to reflect the implications derived from the domestic law operation process in the Regulations on Exploitation.

Linear Programming Model and Forecasting for Financing Operation of civil Service Pension Fund (공무원 연금기금의 중장기전망과 재정운용 성현계확 모형)

  • 황현식;김지수
    • Journal of the Korean Operations Research and Management Science Society
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    • v.11 no.2
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    • pp.69-78
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    • 1986
  • The outlook for the Civil Service Pension (CSP) program in Korea indicates several problems. First, the balance of the benefit among the pension recipients is not well maintained. Second, the program is running out of funds as benefit increases exceed the growth in revenues. In this article, we analyze these problems by using linear programming model and discuss the alternatives. We propose an addition of the age limit to the benefit eligibility and a reconsideration of the government subsidy's level.

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A Study on the Operation Method of Gas Accident Prevention Support Fund (가스사고예방지원금 운영방법의 개선에 관한 연구)

  • 송수정;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 1999.11a
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    • pp.425-429
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    • 1999
  • 현재 가스관련 3법상의 가스사고예방지원금은 그 적립방식이나 규모가 현실에 맞지 않아 가스사고배상책임보험의 충실한 운영에 별로 도움이 되지 못하고 있는 실정이다. 따라서 본 논문에서는 가스사고예방지원금의 운영에 관한 것으로 지원금의 적립방법, 지원금의 규모 및 활용방법의 검토를 통하여 가스사고에 대한 사전 예방기능을 강화하는 한편 예방효과를 극대화 할 수 있는 방안을 모색하였다.

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Heat-Electric Power Ratio Optimization To Maximize Profit of a Cogeneration Power Plant (열병합 발전기 수익 극대화를 위한 열전비 최적화)

  • Kim, Gun-Hoe;Lee, Jae-Heon;Moon, Seung-Jae;Chang, Taek-Soon
    • 한국전산유체공학회:학술대회논문집
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    • 2008.03b
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    • pp.381-384
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    • 2008
  • This paper presents an operational technique to maximize profit of a cogeneration power plant. To minimize errors in a loss and gain analysis of a cogeneration power plant, the energy sale profit in the cost-based-pool electric power trade market, the heat sale profit, and the supplementary fund profit for electric power industry are taken into consideration. The objective is to optimize the heat-electric power ratio to maximize profit of a cogeneration power plant. Furthermore, the constrained bidding technique to optimize heat-electric power ratiocan be obtained. Profits from of a cogeneration power plant are composed of three categories, such as the energy sale profit in the cost-based-pool electric power trade market, the heat sale profit, and the supplementary fund profit for electric power industry. Profits of a cogeneration power plant are varied enormously by the operation modes. The profits are mainly determined by the amount of constrained heat generation in each trading time. And the three profit categories arecoupled tightly via the heat-electric power ratio. The result of this case study can be used as a reference to a cogeneration power plant under the power trading system considered in this case.

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A Study on the Brand Equity of Port using Conjoint Analysis (컨조인트 분석을 이용한 항만 브랜드 자산에 관한 연구)

  • 김근섭;정태원;곽규석
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2002.11a
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    • pp.45-51
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    • 2002
  • As the circumstances surrounding world ports have changed rapidly, Port competition to attract more cargoes is increasing fiercely. Especially, fierce competition to attract the increasing container cargoes has cause main container ports on only to invest enormous fund to modernize its port facilities but also to improve efficiency in port operation and management. But, it is hard to build differentiation strategy with general port operation according to investing continuously enormous fund into main ports. In this situation, port marketing like 4P mix is of the immediate necessity and in this point, this paper estimated Brand Equity that have risen the core ability of marketing strategy, to transshipment port using Conjoint Analysis. In this analysis result, this paper shows that the brand equity of port significantly devoted to selection of transshipment port. This means that brand of port can attract considerable transshipment cargo. Then it have to induce customer loyalty for this brand extension.

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Operation Financing Method for Management Activities and Effect on Management Performance in Regional Public Hospitals (지방의료원의 경영활동 운영자금 조달방법과 경영성과에 미치는 영향)

  • Jung, Yong-Mo;Ha, Au-Hyun
    • Journal of Convergence for Information Technology
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    • v.10 no.11
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    • pp.324-331
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    • 2020
  • This study used the financial information of 29 Regional public hospitals registered in the HASPA. Regional public hospitals analyzed the ratio of operating financing by management activities and how they affect net profit. The results of the study, Regional Public Hospitals ratio of fund financing for management activities was 83.50 percent for medical revenues, 9.53 percent for Incidental Revenue of Medical, 4.54 percent for Contribution Revenue, 4.42 percent for Other non-medical profits, 1.21 percent for depreciation Expense and 0.73 percent for Amount of reserve for unique purpose project. As a result of examining the effect of financing by management operation on net profit, the ratio of operating funds by medical revenue, by incidental revenue of medical, by contribution revenue and by other non-medical profits had a positive impact on net profit of Regional public hospitals. And It has been confirmed that the ratio of amount of reserve for unique purpose project has a negative impact on net profit. Therefore, it is necessary for Regional public hospitals to manage costs in consideration of revenues and internal reserves.

Investment Decision-making Behaviors and Profitability of the Hospital (병원의 투자결정행태와 수익성)

  • Lee, Chang-Eun;Hwang, In-Kyoung;Chung, Young-Il;Jung, Key-Sun
    • Korea Journal of Hospital Management
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    • v.5 no.1
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    • pp.156-175
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    • 2000
  • This study was designed to find out the relations between the major investment decision-making behaviors and profitability of the hospital. A total of 57 hospitals were analyzed on this study. The major findings were as follows; 1. Among the types of the investment decision-making, major factors affecting the profitability were where the top management belongs among the defender, analyzer, prospector, and reactor type. Other factors were whether or not hospital analyzes which is more economical between the purchase by cash and lease of the medical equipment and whether or not hospital changes the decision before the actual investment. 2, Among the types of the investment decision-making, major factors affecting the financial structure and efficient operation of the assets were ranking of the priority and whether or not hospitals can get enough revenue and cash flow when hospitals have to borrow a big amount of fund from outside. 3. Among the financial indices regarding the financial stability, major factor affecting the profitability was fixed assets to long-tenn capital. Other factors affecting the financial structure and efficient operation of the assets were value added to medical equipment, normal profit to medical equipment, liability to total assets, current ratio, value added to payroll expenses. 4. Investment decision-making behaviors are partially influencing on the financial structure and efficient operation of the assets. However it was proved that the profitability was the most influencial factor than other factors related with the operation of the hospital. 5. To improve the irrational investment decision-making behaviors strategic management system should be introduced, and the top mamagement's investment decision-making style should be changed from reactor and analyser styles to prospector and reactor ones.

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Software Test Automation Using Data-Driven Approach : A Case Study on the Payment System for Online Shopping (데이터 주도 접근법을 활용한 소프트웨어 테스트 자동화 : 온라인 쇼핑몰 결제시스템 사례)

  • Kim, Sungyong;Min, Daihwan;Rim, Seongtaek
    • Journal of Information Technology Services
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    • v.17 no.1
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    • pp.155-170
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    • 2018
  • This study examines a data-driven approach for software test automation at an online shopping site. Online shopping sites typically change prices dynamically, offer various discounts or coupons, and provide diverse delivery and payment options such as electronic fund transfer, credit cards, mobile payments (KakaoPay, NaverPay, SyrupPay, ApplePay, SamsungPay, etc.) and so on. As a result, they have to test numerous combinations of possible customer choices continuously and repetitively. The total number of test cases is almost 584 billion. This requires somehow automation of tests in settling payments. However, the record playback approach has difficulties in maintaining automation scripts due to frequent changes and complicated component identification. In contrast, the data-driven approach minimizes changes in scripts and component identification. This study shows that the data-driven approach to test automation is more effective than the traditional record playback method. In 2014 before the test automation, the monthly average defects were 5.6 during the test and 12.5 during operation. In 2015 after the test automation, the monthly average defects were 9.4 during the test and 2.8 during operation. The comparison of live defects and detected errors during the test shows statistically significant differences before and after introducing the test automation using the data-driven approach.

A Study on the Effective Management of Public Rental Housing Maintenance

  • JANG, In-Sun;KIM, Sun-Ju
    • The Journal of Economics, Marketing and Management
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    • v.10 no.5
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    • pp.7-14
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    • 2022
  • Purpose: This study discusses efficient operation plans in terms of public rental housing maintenance in terms of LH, a major supplier. Research design, data, and methodology: After reviewing problems related to the maintenance and management of public rental housing discussed in several previous studies, problems in technology setting for repair maintenance costs for public rental housing, lack of public assistance for maintenance and management of public rental housing, management of housing funds, and lack of role of local governments in the supply and repair of public rental housing were derived. Based on this, the researcher conducted using literature research methods to present relevant improvement measures based on reasonable arguments. Results: this study presented four operational plans related to (1) realization of repair costs for public rental housing, (2) a public subsidy system for covering the maintenance costs for public rental housing, (3) efficient operation of the Housing City Fund, and (4) establishment of the public rental housing. This study aims to provide a foundation for the qualitative growth of the domestic public rental housing system. Conclusions: With this study, it is expected that social interest in maintenance of public rental housing centered on LH will be amplified to improve the quality of maintenance problems of public rental housing.

A Study on the Influence of Start-up Factors and Self-efficacy on Economic Performance of Microenterprise (마이크로크레딧 이용자의 창업요인 및 자기효능감이 사업체의 경제적 성과에 미치는 영향)

  • Yim, Eun-Eui
    • Journal of Digital Convergence
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    • v.13 no.12
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    • pp.1-12
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    • 2015
  • This study is to investigate the influence of start-up factors and self-efficacy on the economic performances of the microenterprise. While the existing studies focused on start-up factors, this study has the meaning that it includes self-efficacy, the psychosocial factors, divides the economic performances by the profit and the number of employees. For this study, 322 copies of answered questionnaires were taken as the data to analyze. As the results of analysis business type, experience of start-up, period of operation, start-up fund and self-efficacy had the significant meaning out of the profit and it was checked out that business type, fund and self-efficacy influenced on the employees. This study discussed the policy and practical suggestion to raise the performances of microcredit based on these results.