• Title/Summary/Keyword: Q-Cost

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Optimum Reserves in Vietnam Based on the Approach of Cost-Benefit for Holding Reserves and Sovereign Risk

  • TRAN, Thinh Vuong;LE, Thao Phan Thi Dieu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.157-165
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    • 2020
  • This paper estimates the optimum level of reserves in Vietnam based on the approach of reserves' cost-benefit and sovereign risk which is one of developing countries' characteristics. The cost of reserves is the opportunity cost when holding reserves. The benefit of reserves is the loss due to country's default in case that there is no reserves to finance external debt payment. The optimum reserves is found out by minimizing the total of opportunity cost and loss due to country's default with the probability of default. Through the usage of HP Filter method for calculating the loss due to country's default, ARDL regression for the risk premium model and lending rate of VND as proxy for opportunity cost together with the Vietnamese economic data in the period of 2005 - 2017, the empirical results show that the optimum reserves in Vietnam is almost higher than the actual reserves during the research period except the point of Q3/2008 and the last point of research period - Q4/2017. Therefore, Vietnam should continue to increase reserves for safety but Vietnam does not need pushing quickly the speed of increasing reserves. In addition, controlling Vietnamese optimum reserves is necessary to help the actual reserves become reasonable.

Subjective Recognition Types on Cancer Treatment Cost (암 비용에 대한 주관적 인식 유형)

  • Rhee, Young-Sun;Kim, Su-Yeon;Kim, Hye-Ji;Kim, Han-Na
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.7
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    • pp.281-290
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    • 2019
  • This study analyzed the recognition types of the economic burden for cancer treatment and the characteristics of each recognition type by employing Q methodology. For this study, we determined the final 45 Q statements by conducting literature surveys, internet searches and in-depth interviews. The P samples are 35 people of cancer patients, their family members, and experts. The Q statements were classified according to the forced normal distribution method and the collected data was analyzed using the PC QUANL program. For the analysis results, we extracted four recognition types on the economic burden of cancer treatment, and we named them 'uncertain anxiety', 'acceptance by family burden', 'object to challenge with active response' and 'insurance preparation', depending on their characteristics. The results of this study can be used as a basis for preparing the clinical intervention plan and the policies for cancer patients and the families involved in the fields of medicine, nursing and social welfare.

Stochastic (Q, r) Inventory Model for Two-echelon Distrubution System (2단계 분배체계를 위한 확률적(Q,r)재고모형)

  • 심재홍;최규탁;김정자
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.1
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    • pp.43-65
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    • 1998
  • This paper develops a two-echelon inventory model with time-weighted partial backorders. The presented model assumed to follow continuous review (Q. r) policy for both the retailers and the central warehouse under stochastic demand. A heuristic method to find an optimum-tending solution for total variable system cost per year incurred at the central warehouse and retailers in a system is suggested. To show the usefulness of the above model, numericla examples are illustrated for verification and validation purpose.

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Cost Reduction Design in Single-phase LSPM Motor (단상 유도형 동기 전동기의 Cost 저감 설계)

  • Lee, Byeong-Hwa;Fang, Liang;Hong, Jung-Pyo;Nam, Hyuk;Ha, Seung-Hyung
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.770-771
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    • 2008
  • This paper deals with cost reduction design of a single-phase line-start permanent magnet (LSPM) motor. The characteristic analysis according to the change of quantity of permanent magnet(PM) is examined by d-and q-axis equivalent circuit. The motor parameters which are satisfied with efficiency and maximum torque are determined by the characteristic map obtained by d-and q-axis equivalent circuit analysis. And then the geometric shape design using optimization methodology is performed by finite element method (FEM).

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Microbial production of coenzyme Q10

  • Suh, Jung-Woo
    • Proceedings of the Korean Society of Applied Pharmacology
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    • 2006.11a
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    • pp.127-130
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    • 2006
  • Coenzyme Q10(CoQ10) is a biological quinine compound that is widely found in living organisms including yeast, plants, and animals. CoQ10 has two major physiological activities:(a)mitochondrial electron-transport activity and (b )antioxidant activity. Various clinical applications are also available: Parkinson's disease, Heart disease, diabetes. Because of its various application filed, the market size of CoQ10 is continuously expanding all over the world. A Japanese company, Nisshin Pharma Inc. is the first industrial producer of CoQ10(1974). CoQ10 can be produced by fermentation and chemical synthesis. In several companies, these two methods are used for the production of CoQ10:chemical synthesis - Yungjin, Daewoong, Nishin Parma; fermentation - Kaneka, Kyowa, Yungjin, etc. Researchs in microbial production of CoQ10 have several steps: screening of producing microorganisms, strain development, fermentation process, purification process, scale-up process, plant production. Several strategies are available for the strain development : Random mutation and screening, directed metabolic engineering. For the optimization of fermentation process, various conditions (nutrient, aeration, temperature, culture type, etc.) are considered. Purification is one of the most important step because the quality of final products entirely depends on its purity. The production cost will be reduced and the quality of the CoQ10 will be impoved by continuous researches in strain development, fermentation process, purification process.

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Microbial production of coenzyme Q10

  • Suh, Jung-Woo
    • 한국약용작물학회:학술대회논문집
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    • 2006.11a
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    • pp.127-130
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    • 2006
  • Coenzyme Q10(CoQ10) is a biological quinine compound that is widely found in living organisms including yeast, plants, and animals. CoQ10 has two major physiological activities:(a)mitochondrial electron-transport activity and (b)antioxidant activity. Various clinical applications are also available : Parkinson's disease, Heart disease, diabetes. Because of its various application filed, the market size of CoQ 10 is continuously expanding all over the world. A Japanese company, Nisshin Pharma Inc. is the first industrial producer of CoQ10(1974). CoQ10 can be produced by fermentation and chemical synthesis. In several companies, these two methods are used for the production of CoQ10:chemical synthesis - Yungjin, Daewoong, Nishin Parma; fermentation - Kaneka, Kyowa, Yungjin, etc. Researchs in microbial production of CoQ10 have several steps: screening of producing microorganisms, strain development, fermentation process, purification process, scale-up process, plant production. Several strategies are available for the strain development : Random mutation and screening, directed metabolic engineering. For the optimization of fermentation process, various conditions (nutrient, aeration, temperature, culture type, etc.) are considered. Purification is one of the most important step because the quality of final products entirely depends on its purity. The production cost will be reduced and the quality of the CoQ10 will be impoved by continuous researches in strain development, fermentation process, purification process.

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Evaluating and Categorizing Brand Assets of Full-Service Carriers and Low-Cost Carriers (대형항공사와 저비용항공사의 브랜드 자산 평가와 유형화)

  • Jeong, Seung-Hwa
    • The Journal of the Korea Contents Association
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    • v.21 no.8
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    • pp.442-454
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    • 2021
  • Many domestic and international airlines that experienced dramatic recession due to COVID-19 pandemic are carefully being ready to normalise operations as a number of governments has begun to vaccinate for COVID-19. So with the same market share from domestic to short distant international services, the competition between Full Service Carriers (FSC) and low cost carriers (LCC) is anticipated to be more intensive. To explore the concepts such as the perception, value, attitude and faith of the object, this study implements Q methodology proposed to complement the limitations of quantitative and qualitative research methodology. As a result, the consumers of airlines' brand are divided into three types - the type of utility seeking, value-oriented and task-related. Using Q samples which consist of 25 statements, this study specifically approached the traits of each type by observing the subjectivity with the comparative P sample group that is made up for 20 participants. By discovering the type of FSC and LCC's brand asset and comparing the recognition of consumers, not only does this study evoke the need for a strategic direction of the effective management of Airlines' Brand asset but also have a signification in the way that especially provide hypotheses for follow up studies.

An Analysis of Construction Execution Tasks for Successful Residential Mechanical Projects (프로젝트 성공을 위한 효과적인 시공업무 및 영향 분석 - 아파트 설비공사를 중심으로 -)

  • Kang, Sang-Hun;Kim, Dae Young
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.2
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    • pp.60-67
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    • 2019
  • The main purpose of this study is to identify the tasks performed at the construction stage of apartment houses and analyze the major construction tasks that may affect the performance indicators and analyze the impact on project performance. Based on expert opinions through preliminary research, pilot data, construction database, and other research trends, domestic and foreign research trends are divided into five major tasks, and each is divided into process management (P'1 ~ P'6), construction management (C'1 ~ C'5), environmental management (E'1 ~ E'4), quality control (Q'1 ~ Q'5), safety management (S'1 ~ S'5). Subsequently, each major task was subdivided into 24 detailed tasks. An independent t-test was conducted to analyze the impact on cost. We compared the importance of achieving the project goal and identified the construction work of concrete important construction which affects not only the cost but also the schedule performance index for the degree of significance of less than 0.05.

Proposal and Evaluation of a Cost Estimation Model Considering Software Quality (소프트웨어의 품질을 고려한 비용 평가 모델의 제안과 평가)

  • Lee, Yong-Geun;Yang, Hae-Sul
    • The Transactions of the Korea Information Processing Society
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    • v.1 no.2
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    • pp.194-201
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    • 1994
  • Recently, as application fields of software is extended, relative importance of software make a gradual increase and importance of development cost is being increased. However, as former evaluation model of development cost evaluate at the functional point of view for the most part, at this paper, I intend to propose evaluation model of software development cost COSMOS-Q(COSt MOdel for Subcontract-Quality) which one evaluate also in quality as well as function. The model proposed in this paper set the goal at software orderer evaluate software cost exactly with only order specification information. At this paper, I proposed cost evaluation model and evaluated it's validity refering to review result in ISO/SC7 about a software quality feature with extraction of quality feature factor which produce change of cost and set up the evaluation measure adoptable as order condition.

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Development of Cost Estimating Model Using Quantity Variation Analysis by Influence Variables for the Schematic Design Phase (영향변수에 따른 수량변화 분석을 이용한 기본설계단계의 개산견적 모델 개발)

  • Son, Bo-Sik;Lee, Hyun-Soo;Kim, Sung-Tae
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.155-166
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    • 2007
  • The purpose of this research is to develop a conceptual model and prototype that establishes a new approach for building cost estimating in the schematic design phage. This research use the method that analyzes quantity and unit price separately to enhance schematic cost estimating through conducting literature review andi analyzing existing schematic cost estimating methods. In addition, this study proposes tile concept of cost breakdown structure including two more classifications: building element and floor compared to existing one only classified by trade. Thus, a Quantity Based Active Schematic cost Estimating(Q-BASE) model is developed founded on those two concepts. By applying proposed schematic cost estimating model, historical structure cost of residential complex building project is analyzed, and then, based on this analysis, prototype is implemented.