• Journal of Korean Society of Transportation
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• v.12 no.3
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• pp.29-47
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• 1994

Although subway system continues to be the backbone of transportation systems in a city like Seoul, there will still be areas across the city where subway services are not avaliable. Interest has steadily grown to fill this missing routes in overall urban transportation system. Light Rail Transit (L.R.T) system has been recently thought to be an appropriate mode of transportation by businessmen, professionals and transportation industry. In this regards, the purpose of this study is to explore whether L.R.T can be a feasible form of urban rail mode in the context of Seoul. First, the study develops the mathematical models to derive optimum route networks and stations. Integer Programming is employed to determine whether alternative routes are financially viable from the viewpoint of revenue maximization principles. Second, mathematical models developed are applied to Yoido area in order to examine the validity of model structures. The models constructed turns out be capable of handling alternative routes and stations. Application of models are successfully carried out to derive financially feasible set of routes and stations.

• The Journal of the Korea Contents Association
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• v.16 no.6
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• pp.82-93
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• 2016

The latest development of the Korean drama production industry has been accompanied by the steep rise in the number of players and the contraction of the advertizing market, which have combined to intensify the competition severely. Then, China happened. Entertainment agencies' logical strategic choice to maximize production revenue potential was to secure A-list actors who can sell, pushing up their prices, that process has continued to even compromise the health of the production industry as well as the agencies' financial integrity. The drama production industry, including entertainment agencies, should shift the strategic focus from simple production revenue generation to profit maximization through diversifying revenue sources like securing IP rights.

• 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.

• The Journal of Korean Institute of Communications and Information Sciences
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• v.34 no.11B
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• pp.1191-1199
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• 2009

As the Internet service evolves from the best effort data service to a multimedia service such as a mix of voice, data and video, a need for the guarantee of the quality of service to network services became one of the hot issues for the network operators. On the other hand, the introduction of the multimedia services over the IP network requires a managed differentiated service that adopts a prioritized treatment of packets. This incurs a need for a differentiated pricing scheme for the packets that receive different level of quality of service. This work proposes an analytic framework about packet pricing scheme for these services, and investigate the effect of service differentiation to the packet price for each class. Via numerical experiment, we validate our argument and illustrate the implication of the work.

• 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.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.418-425
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• 2022

For a commercial building, property managers play an important role in maximizing the benefit by reducing cost and increasing revenue in the operation and maintenance phase of the building. However, most of property managers are spending their time in monitoring facility managers who have little impact on cost reduction and maximization of operating profit. The industry practitioners have difficutlty in increasing the efficiency of thier work due to this work environment. In addition, both property managers(PMr) and facility managers(FMr) are dependent on the paper drawings and manuals, which can worsen the inefficiency and human errors are inevitable. This study aims to contribute to improvement of the current practice by developing a novel algorithm that autmatically links the facility information with 3D model, which can provide an efficient property management for commercial buildings.

• The Journal of the Korea Contents Association
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• v.6 no.7
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• pp.22-30
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• 2006

The goal of the company and profit maximization can be achieved by creating revenue or reducing costs. What can be done by the effort of the firm itself is possible through cost-reduction rather than through revenue-creation. Under this economic situation, one of the best way for cost-reduction is to reduce cost of logistics. But logistics costs of a firm is continually increased because of the various customer-satisfaction, competition. This study considers that logistics cost management system be able to apply business practice through to used only a merit of CVP(Cost - Volume Profit) analysis method for effective decision making. To conclude, this study depicts that logistics cost management according to used a merit of CVP analysis method can provide information useful for making strategy of logistics. In short, It is reduce to more costs of logistics investment than are necessary. and, I will expect a man who charge logistics to improvement, adaptation, and application.

• Journal of Advanced Navigation Technology
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• v.4 no.2
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• pp.114-131
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• 2000

An airline should consider the number of seats or size of aircraft, when it composes fleet or selects a type of aircraft for some routes. There are two major factors considered for this choice problem under the assumption that the objectives of an airline is a profit maximization: the operating cost and revenue from the aircraft operated. This research tries to solve the problem of aircraft size selection by airline. The study applies four steps to get optimal choice of aircraft size: (1) cost analysis for the relationship between airline operation cost and aircraft size: (2) market share and revenue analysis: (3) flight segment-level analysis, based on the derived cost, demand and revenue functions: and (4) network-level analysis to see how airlines make choice of aircraft size systematically at a network level. An airline can accommodate the increasing air travel demand by either increasing operation frequency, or increasing aircraft size that is represented by seat capacity, or both. Airport runway capacity and productivity depend on the size of aircraft used at airport. This paper presents the understanding of how airlines make decisions on the size of aircraft to operate, how they will adjust their choices when airport capacity is constrained, and how public regulation such as policy for landing fees could influence airlines' aircraft choice.

• International journal of advanced smart convergence
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• v.11 no.3
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• pp.132-141
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• 2022

We look at the rocket life stages of NaverZ's metaverse platform scaling and investigate the ignition and scale-up stage of its metaverse platform brand, Zepeto based on the Rocket Model (RM). The results are derived as follows: Firstly, NaverZ shows the event strategy by collaborating with K-pops, the piggybacking strategy by utilizing other SNSs, and the VIP strategy by investing in game and entertainment content genres in the 'attract' function. In the second 'match' function, based on the matching rule of Zepeto, the users can generate their own characters and "World" with Zepeto Studio. However, for strengthening the matching quality, NaverZ is investing in the artificial intelligence (AI) based companies consistently. In the 'connect' function, NaverZ's maximization of the positive interaction is possible by inducing feed activities in Zepeto & other SNSs and by uploading attractive content for viral effects in the ignition. For facilitating this, NaverZ expands the scale to other continents like Southeast Asia and Middle East with the localization strategy inclusive investment. Lastly, in the 'transact' function, based on three monetization experiments like Coin & ZEM, user generated content (UGC) fee, and advertising revenue in the ignition, NaverZ starts to invest in NFT platforms and abroad blockchain companies.

• KDI Journal of Economic Policy
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• v.36 no.4
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• pp.1-32
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• 2014

Auction is widely used in allocation and procurement of resources due to its desirable properties: efficiency and revenue maximization. It is well-known, however, that auction may fail to achieve efficiency when allocative externalities exist. Such a result may happen in the auction of the resources that are very scarce, for example, radio spectrum. This is because allocation of the resources has effects on competition of the firms in the aftermarket, and thus a firm that utilizes the resources less efficiently may make a higher bid to lessen competition. This paper shows first that efficient allocation may not be achieved by auction even when the number of bidders is 2, while it is shown in the literature that auction may result in inefficient allocation when the number of bidders is greater than or equal to 3. There exist 2 firms, who make a bid to win the scarce resources that increase the value or decrease the production cost of their own product. After the auction ends, the firms engage in Bertrand competition on the Hotelling line. Inefficient allocation may happen even under the second-price auction rule, and it happens only when the firms are different in the initial value or the initial cost of their products as well as in the value of the auctioned resources. The firm who has been the leader loses a large portion of the market if it fails to win the auction, and thus makes a high bid even when the other firm can use the resources more efficiently. Allocative efficiency Pareto improves when the smaller firm's bid counts more than the leader's bid. This paper suggests a modified rule that the smaller firm wins the auction when its bid multiplied by some constant is greater than the leader's bid. The multiplier can be calculated from the market shares. It is equal to 1 when the two firms are the same, and is increasing in the leader's market share. Allocation is efficient in a strictly larger set of parameters under the modified rule than under the standard second-price auction rule.