• Title/Summary/Keyword: Profits

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A Study on Value Capture Using the Data of Subway Line#3 and Line#4 in Seoul. (서울시 지하철 3, 4호선 건설에 따른 개발리익 산정에 관한 연구)

  • 원제무;박용훈
    • Journal of Korean Society of Transportation
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    • v.7 no.2
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    • pp.53-69
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    • 1989
  • The management of subway business in large cities has recently become more difficult because of increased construction and operation costs. To cope with this situation, it is necessary to examine the methods of obtaining returns on development profits of land value rises that occur due to subway construction along subway lines, For this purpose, we examined the actual situation of rises in land values brought about by the construction of subway line #3 and line #4 in Seoul with application of three methods. In this research, we have calculated a basis of the development profits produced by the construction of subway line. According to the results, development profits produced by the subway construction differ depending on the method adopted. If, however, we accept line comparison analysis method, the total development profits amount to 557,3 billion won that is equivalent to 37 percent construction cost.

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A Modern Meaning of Worker's Equal Rights to Share Profits of Private Companies in the first Korean Constitution of 1948 (제헌헌법상(制憲憲法上) 이익균점권(利益均霑權)의 현대적(現代的) 의미(意味))

  • Shin, Jae-Myung
    • Journal of the Korea society of information convergence
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    • v.7 no.2
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    • pp.41-48
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    • 2014
  • Capitalism of altitude in modern society has brought a brilliant development of human civilization. But there is a side effect of capitalism. It is just such as alienation of labor, polarization. The need to consider the worker's equal rights to share profits of private companies in the first Korean Constitution of 1948 is to mitigate the adverse effects of this capitalism. It is considered that the present government aims at "economic democracy" slogan and also be matched. The worker's equal rights to share profits of private companies means the distribution rights of workers to receive excess profits of the company. The review of these worker's equal rights to share profits of private companies is thought very meaningful.

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Analysis on Expected Profit for the Effective Operation of Social Cooperative -Focusing on the Education Model of the Meteorological Field (사회적협동조합의 효율적 운영을 위한 기대수익 분석 -기상분야 교육모델을 중심으로)

  • Kim, In-Gyum;Kim, Hyu-Min;Ahn, Suk-Hee;Lee, Seung-Wook;Kim, Jeong-Yun;Lee, Ki-Kwang
    • The Journal of the Korea Contents Association
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    • v.15 no.12
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    • pp.483-492
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    • 2015
  • This study involved elementary schoolchildren in Busan Metropolitan city and assumed the foundation of social cooperative associations that provide education services for meteorological fields, then we analyzed expected profits in a year for successful operation of first year. Twelve variables relating to profits and expenses were derived, and we used the decision tree for analyzing optimal expected profits. Profit-related variables were lecture's fee per hour and price of textbooks. Expense-related variables were production costs for the textbooks, annual salary for a teacher, education costs for a teacher, developing costs for the textbooks, traveling expenses, rental fees, and operating costs. Besides, by adding education demands, the number of grades, and the number of teachers, we analyzed changes in expected profits, considering variability of profits and expenses. As a result, despite of expected lower demands, to increase price of textbooks and education costs per hour was of advantage to enhance expected profits. The reason is that the more demand, the more increased production costs for textbooks, which is because not to make enough profits to offset the increased expenses due to lowered price of textbooks and education costs. Considering the value of public interest for social cooperative associations, price determination only concerning increase in demands will be avoided.

A Study on the Effects of Small Enterprise Start-up Preparatory Factors on Business Performance

  • Kim, Seung-Hee;Kim, Young-Ki;Choi, Shin-Hea
    • The Journal of Industrial Distribution & Business
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    • v.8 no.5
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    • pp.23-33
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    • 2017
  • Purpose - The present study aims to examine the relationship between small enterprise start-up preparatory factors and increases in sales and operating profits, which are business performances utilizing the National Survey of Actual Conditions of Small Enterprises conducted by the Small Enterprise, Market Service. Research design, data, and methodology - Start-up preparatory factors were divided into six types; business type, start-up history, start-up motives, preparatory periods, and start-up funds to figure out the relationship between sales and operating profits with regression analyses. Regression analyses were conducted based on the foregoing with a view to identifying the effects of start-up preparatory factors on business performance. Results - Since start-up preparatory factors generally affect business performance, it was identified that start-up preparatory factors importantly affect operating profits and sales, which are business performances. However, start-up preparatory periods and the implementation of education among preparatory activities were shown to have no effect on business performances, and the effect of the ratio of start-up fund provided by the founder on operating profits was shown to be not significant. Conclusions - The present study comprehensively examined those start-up preparatory factors that have positive effects on business performances after start-up. The present study is meaningful in that it can provide positive implications for efficient start-up of small enterprises hereafter.

Topology-based Workflow Scheduling in Commercial Clouds

  • Ji, Haoran;Bao, Weidong;Zhu, Xiaomin;Xiao, Wenhua
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.11
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    • pp.4311-4330
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    • 2015
  • Cloud computing has become a new paradigm by enabling on-demand provisioning of applications, platforms or computing resources for clients. Workflow scheduling has always been treated as one of the most challenging problems in clouds. Commercial clouds have been widely used in scientific research, such as biology, astronomy and weather forecasting. Certainly, it is very important for a cloud service provider to pursue the profits for the commercial essence of clouds. This is also significantly important for the case of providing services to workflow tasks. In this paper, we address the issues of workflow scheduling in commercial clouds. This work takes the communication into account, which has always been ignored. And then, a topology-based workflow-scheduling algorithm named Resource Auction Algorithm (REAL) is proposed in the objective of getting more profits. The algorithm gives a good performance on searching for the optimum schedule for a sample workflow. Also, we find that there exists a certain resource amount, which gets the most profits to help us get more enthusiasm for further developing the research. Experimental results demonstrate that the analysis of the strategies for most profits is reasonable, and REAL gives a good performance on efficiently getting an optimized scheme with low computing complexity.

Effect of the Orchard Scale Improvement Project on Farm Profitability - Focusing on Apple - (과원 규모화 사업이 농가 수익성에 미치는 영향 - 사과를 중심으로 -)

  • Kim, Se-Hyuk;Lim, Cheong-Ryong;Kim, Tae-Kyun
    • Journal of Korean Society of Rural Planning
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    • v.30 no.1
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    • pp.99-106
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    • 2024
  • The purpose of this study is to analyze how the orchard scale improvement project affects the profits of apple farmers. For this purpose, the variable profit function of Apple was estimated using seemingly unrelated regression analysis. For the analysis, raw data from the Rural Development Administration's Agricultural Income Survey from 2015 to 2021 were used. Of the 1,009 apple farms, 95 farms participated in the orchard scale improvement project and 914 farms did not participate. The results show that the profits of farms participating in the project were found to be higher than those of non-participating farms, and as the cultivation area increased, profits tended to increase and then decrease. The results also indicated that below a certain size (19,462m2), the profits from project participation appear to be lower. The results of this study can provide useful information to the establishment of government policies and apple farmers who want to participate in the orchard scale improvement project.

Economic Effects of Subsidiary Services in Hospitals (병원급 의료기관 의료부대사업의 경제적 파급효과)

  • Lee, Ye Seol;Lee, Sang Gyu;Kwon, Sung Tak;Kim, Tae Hyun
    • Korea Journal of Hospital Management
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    • v.21 no.1
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    • pp.32-42
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    • 2016
  • This study is conducted to estimate economic ripple effects of subsidiary services of hospitals. Using the Input/Output Analysis, this study analyzes production inducement effect, added value inducement effect, and labor inducement effect. Also, it assesses potential economic effects of the subsidiary services of which the scope is expanded as the government's proposed in 2014. Data regarding hospital subsidiary services and economic effects are obtained from the hospitals' financial statements on the National Tax Services and the Bank of Korea. The major results of this study are summarized as follows; subsidiary service profits of hospitals are 466 billion won and rent profits of hospitals are 152 billion won. Of these, the rate of subsidiary service profits in tertiary hospitals is about 66% of total subsidiary service profits. Producement inducement effect of subsidiary services of hospitals is higher than that of total industry, service industry and medical service industry. Added value inducement effect of subsidiary services of hospitals is higher than that of total industry, manufacturing industry, service industry and medical service industry. Job position inducement effect of subsidiary service in hospitals is higher than that of total industry, service industry and medical service industry. Also, employment inducement effect of subsidiary service in hospitals is higher than that of total industry and medical service industry. The results may suggest that subsidiary services revenue in medical institutions contribute to improving operating profits. Facing with intense market competition and pressures to control health care costs, hospitals may need to determine whether subsidiary services help boost their profitability and improve customer satisfaction.

Estimation and Determinants on Residential Investment Profits in Seoul: A Focus on Housing Transaction Price from 2010 to 2018 (서울시 주택 예상투자이익 추정과 영향요인에 대한 시론적 분석 - 2010-2018년 주택 실거래가를 중심으로 -)

  • Ahn, Hye-Sung;Kang, Chang-Deok
    • Journal of the Korean Regional Science Association
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    • v.36 no.1
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    • pp.37-50
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    • 2020
  • Estimating investment profits of real estate is critical to understand real estate markets and create relevant policy as real estate market and capital market combines closely. Thus, this study applied the concept of Tobin's Q to estimate investment profits for apartments as well as row-houses and multi-family homes in Seoul from 2010 to 2018. Investment profits were estimated by two approaches: subtracting the replacement cost from the transaction price and calculating ratio of the transaction price to the replacement cost, respectively. The spatio-temporal changes in investment profits were apparent in apartments compared with row-houses and multi-family homes. As a result of analyzing the spatial econometrics models, the investment profit was higher in the area with high density and new developments regardless of the housing types. The framework and key findings would be the effective reference to understand residential investment behavior, create relevant housing policy, introduce value capture of windfall, measure regional competitiveness, and estimate housing bubble.

Supply Chain Coordination for Perishable Products under Yield and Demand Uncertainty: A Simulation Approach (수요와 수율의 불확실성을 고려한 공급망 조정)

  • Kim, Jin Min;Choi, Suk Bong
    • Journal of Korean Society for Quality Management
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    • v.46 no.4
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    • pp.959-972
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    • 2018
  • Purpose: This study developed a simulation model that incorporates the uncertainty of demand and yield to obtain optimized results for supply chain coordination within environmental constraints. The objective of this study is to examine whether yield management for perishable products can achieve the goal of supply chain coordination between a single buyer and a single supplier under a variety of environmental conditions. Methods: We investigated the efficiency of a revenue-sharing contract and a wholesale price contract by considering demand and yield uncertainty, profit maximizing ratio, and success ratio. The implications for environmental variation were derived through a comparative analysis between the wholesale price contract and the revenue-sharing contract. We performed Monte Carlo simulations to give us the results of an optimized supply chain within the environments defined by the experimental factors and parameters. Results: We found that a revised revenue-sharing contracting model was more efficient than the wholesale price contract model and allowed all members of the supply chain to achieve higher profits. First, as the demand variation (${\sigma}$) increased, the profit of the total supply chain increased. Second, as the revenue-sharing ratio (${\Phi}$) increased, the profits of the manufacturer gradually decreased, while the profits of the retailer gradually increased, and this change was linear. Third, as the quality of yield increased, the profits of suppliers appear to increased. At last, success rate was expressed as the profit increased in the revenue-sharing contract compared to the profit increase in the wholesale price contract. Conclusion: The managerial implications of the simulation findings are: (1) a strategic approach to demand and yield uncertainty helps in efficient resource utilization and improved supply chain performance, (2) a revenue-sharing contract amplifies the effect of yield uncertainty, and (3) revised revenue-sharing contracts fetch more profits for both buyers and suppliers in the supply chain.

A Study on the Effect of Government Subsidy on the Profit Growth of Chinese Environmental Protection Companies: Mediating Effect of R&D Investment (정부 보조금이 중국 환경보호 기업의 이윤 증가에 미치는 영향 분석: R&D 투자의 매개효과를 중심으로)

  • Li, Na;Cai, Heeman;Zhang, Mengze
    • The Journal of the Korea Contents Association
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    • v.22 no.8
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    • pp.287-296
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    • 2022
  • The purpose of this study is to verify the effect of government subsidies and R&D investment on the increase in profits of Chinese environmental protection companies. The research method for this was empirically analyzed using the Chinese CSMAR database for 161 Chinese environmental protection companies and using statistical data obtained from 805 samples. The analysis results are as follows. First, government subsidies had a positive effect on the increase in profits of Chinese environmental protection companies. Second, government subsidies had a positive effect on R&D investment by Chinese environmental protection companies. Third, R&D investment had a positive effect on the increase in profits of Chinese environmental protection companies. Fourth, R&D investment through government subsidies has a partial mediating effect on the effect on the increase in profits of Chinese environmental protection companies. In this study, based on the results of the study, a plan was proposed to promote the increase in profits of Chinese environmental protection companies by expanding government subsidies to Chinese environmental protection companies and focusing on R&D investment.