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Impacts of Contract types on Construction Project Performance - Cost Reimbursable and Lump Sum - (계약방식에 따른 건설프로젝트 성과의 비교분석 연구 - 실비정산방식과 총액계약방식을 중심으로 -)

  • Lee, Yoo-Seob;Hwang, Bon-Gang
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.155-163
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    • 2007
  • Multiple parties-owners, engineering and construction contractors, and suppliers involve the delivery process of capital facility projects in the construction industry, and each party obtains or provides their workforce, material, equipment, or service tied into specific contracts. Considering that construction projects are based on the contracted relationship between the parties and that contract types are one of the significant factors determining project success. it is critical for project stakeholder to select appropriate contract types for successful deliveries of projects. With these considerations, this paper assesses impacts of different contract types on project cost, schedule, safety, change, or rework. Analyzing data from real construction projects, the differences in project performance between two contract types, Cost Reimbursable and Lump Sum are measured and statistically tested to investigate if the differences are significant. For this analysis, performance metrics developed by Benchmarking and Metrics program, the Construction Industry Institute are used.

A Study on the Foreign Market Entry Strategy of Venture Firms (해외시장 진출전략에 관한 연구 -정보통신분야의 벤처기업을 중심으로-)

  • Kim Jin-Ha
    • Management & Information Systems Review
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    • v.5
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    • pp.185-209
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    • 2000
  • A review of shows that past research has focused predominately on foreign market entry strategy issues in relatively well-established firms. These studies have either ignored venture firms or have failed to treat these firms separately. Only recently, researchers have broadened their search to include aspects of the foreign market investment of the venture. The purposes of this study are to identify and explain the impact factors such as ownership specific advantage, transaction cost, and location specific advantage on the choice of foreign market entry strategy for venture firms. To find the perceived the foreign market entry strategy and determinant factors, 130 venture CEOs from the computer and communications equipment industries were asked to describe their venture's foreign market entry strategy through 17 questionnaire items on competitive method. Using factor analysis, the six determinant factors were categorized. To test the relationships between the foreign market entry strategy and factors such as ownership specific advantage, transaction cost, and location specific advantage, the data collected by questionnaire from 92 ventures. The main results of this research are as follows. First, the factors of ownership specific advantage have partially significant impact on the foreign market entry strategy of venture firms, Second, the factors of transaction cost have significant impact on their foreign market entry strategy. Third, the factors of location specific advantage have significant impact on their foreign market entry strategy. This study has produced evidence to demonstrate that the foreign market entry strategy profile of venture firms can be distinguished from those of relatively well-established firms. An expanded study would allow for stronger conclusions regarding the relative explanatory power of individual variables in the method. Additional research is also needed to examine other determinant variables connecting foreign market entry strategy.

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Development of Optimal Design Simulation Model for Least Cost Urban Sewer System Considering Risk (I) (위험도를 고려한 최소비용 도시우수관망 설계의 최적화 모형개발 (I): 모형의 개발과 시험유역의 적용)

  • Jang, Suk-Hwan;Park, Sang-Woo
    • Journal of Korea Water Resources Association
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    • v.38 no.12 s.161
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    • pp.1021-1028
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    • 2005
  • This study purpose to develop simulation model of optimal design condition of urban storm sewer system considering risk. Urban Storm Sewer Optimal Design Model(USSOD) can compute pipe capacity, pipe slope, crown elevation, excavation depth, risk and return cost in the condition of design discharge. Rational formula is adopted for design discharge and Manning's formula is used for pipe capacity. Discrete differential dynamic programming(DDDP) technique which is a kind of dynamic programming(DP) is used for optimization and first order second moment approximation method and uncertainty analysis is also for developing model. USSOD is applied to hypothetical drainage basin to test and verify, which resulted economical and efficient design in urban drainage sewer system.

The Korea Convergence Society A Study on the Optimization of Manufacturing Process through Motion Analysis and Virtual Reality (모션분석 및 가상현실을 통한 제조공정 최적화 방안연구)

  • Kim, Hyun-Jong;Hong, Jung-Wan;You, Yen-Woo
    • Journal of the Korea Convergence Society
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    • v.8 no.7
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    • pp.23-28
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    • 2017
  • For manufacturing industry to achieve efficient manufacturing process, improving a company's productivity and reducing cost is a required task of the current manufacturing companies. For design of efficient manufacturing process and improvement of productivity, efficient manufacturing process method is studied through removal of unnecessary elements analyzing motions and using test-bed linkage system based on virtual reality. When building process line after verifying optimization through virtual process arrangement simulation in advance, it is available to save additional cost for process modification or supplement to result in practical effects of improving a company's manufacturing competition. Reducing design period, improving equipment, making automation, realizing ergonomics, and improving process through this study, it will be available to achieve improvement of productivity, enhancement of quality, cost reduction as well as employees' satisfaction for safety and health.

Driveability Analysis of Non Welding Composite Pile (무용접 복합말뚝의 항타관입성 분석에 관한 연구)

  • Shin, Yun-Sup;Kim, Nam-Ho;Boo, Kyo-Tag;Lee, Jong-Soo
    • Proceedings of the Korean Geotechical Society Conference
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    • 2008.10a
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    • pp.729-737
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    • 2008
  • As increasing demand on marine structures and skyscrapers, a deep shaft pile foundation is more to be used for the place having weak ground strength. Because heavy horizontal force is generally applied on upper part of pile foundation used in civil or architectural construction, steel pile is largely used with its high resistance to shear force and bending moment, and its capability to carry heavy loads. The steel pile has advantage in good constructibility, high applicability on site and easy handing, but has disadvantage in cost, more expensive than other material pile. This study is about the Composite pile that makes economical construction possible by reducing material cost of pile; using steel and PHC pile simultaneously while preserving the advantage of steel pile that large resistance to horizontal force and bending moment. A Non Welding connection method is applied to this composite pile and this method could reduce the cost and period of construction and could increase the quality of construction by solving the problem of current welding method and by improving the workability of pile connection. In this study, characteristics of driveability of non welding composite pile is analyzed prior to main project while the purpose of main project is proving the applicability of Non Welding Composite Pile by conducting various kind of loading test to analyze the characteristics behaviour of Non Welding Composit Pile and by verifying stability of non welding connection pile.

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The Effect of Success Factors on SCM Performance in Fashion Industry Stream (패션산업 스트림에 따라 SCM 성공요인이 SCM 성과에 미치는 영향연구)

  • Choi, Jin-Hyeok;Shin, Sang-Moo
    • Journal of Fashion Business
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    • v.16 no.2
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    • pp.12-26
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    • 2012
  • Fashion industry characteristically goes through many steps to manufacture and to retail apparel products. Complex inter-industry channels with many intermediaries in fashion industry provoked many problems regarding recognizing customer's need, delivering time, flexibility, and inventory control. Therefore, the purposes of this study were to investigate the differences between apparel manufacturing and distribution process in SCM success factors and performances, and to investigate how SCM success factors affect on performances. Questionnaire was developed and distributed to apparel industry. The returned 116 questionnaires were analyzed by Cronbach's alpha for internal validity, factor analysis, t-test, and regression analysis with SPSS14.0. The results of this study were as follows: There was significant difference of SCM success factors between apparel manufacturing and distribution regarding process standardization and integration. There were significant differences of SCM performances such as reaction for customer, flexible management, cost minimization, and maximized asset utilization which distribution was higher than apparel manufacturing process. In apparel manufacturing, SC strategic relation, and integrative management influenced upon reaction for customer of SCM performances. SC integrative management influenced upon cost minimization. SC integrative management influenced upon maximized asset utilization. In distribution, SC strategic relation, and activated support for SCM influenced upon reaction for customer of SCM performances. SCM specialization, credible relationship among supply chains, activated support for SCM, and SC integrative management influenced upon cost minimization. SCM specialization, credible relationship among supply chains, and SC integrative management influenced upon maximized asset utilization.

The development of tube voltage meter using the semiconductor (반도체소자를 이용한 관전압계의 개발)

  • Seon, Jong-Ryul;Shin, Dae-Chul
    • Journal of radiological science and technology
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    • v.25 no.2
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    • pp.71-75
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    • 2002
  • According to this study, we can make the radiation check meter which have not supply because of high cost and import barrier and lengthen its life by means of repairing of radiation bomb and equipment. We can make better medical service. In my study, I used the photodiod, photoelectron, among semiconductor detectors which have a excellent detect capacity and are low cost and small size. I set up this equipment in June 1, 2002, used 640 mA remote operative fluorography equipment, which make the grade as capacity test. I used the standard measuring instrument which took proofs from a agency, now it was using in measuring agency. The comparative measuring instrument used in same condition. I took the standard which was gauged with a connecting measuring instrument. Using a existing unconnected measuring instrument, I compared the accuracy with new unconnected one. As a result, three score are within the standard. For the detailed analysis, I took the average of percentage average error. So standard instrument was -0.02, comparable was -0.22, and new one was -0.17. New one took a closer measured value with standard than comparable one. In more study, I think to take more accurate value. I expect that my study will be a base of measuring instrument, with low cost, supply of this instrument increase, I expect to decrease radiation bomb and maintain, repair and manager better.

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The Recognition Level of Food Contamination with Residual Pesticides and Hazardous Heavy Metals in Taejon Area (식품의 잔류농약 및 유해중금속의 오염인식도 -대전지역을 중심으로-)

  • 한장일;김성애
    • Korean Journal of Community Nutrition
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    • v.3 no.3
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    • pp.454-465
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    • 1998
  • This study was to investigate the recognition level of food contamination with residual pesticides and hazardous heavy metals from 365 male and female adults in Taejon area using questionnaires. Among the recognizing level of residual pesticides in overall foods, 69.1% were 'serious', 25.6% were 'average' and 5.3% were 'not serious'. Over 94.7% of the subjects recognized residual pesticides pollution infoods. for hazardous heavy metals in food, 47.8% responsed as 'serious', 40.5% as 'average' and 11.8 as ' not serious' . Over 88.3% of the subjects recognized contaminated pesticides seriously in fruits, 72.1% in vegetables and 51.7% in cereals, whereas 55.7% of the subjects recognized hazardous heavy metal contamination seriously in fruits, 53.4% in vegetables, 40.8% in fishes and shellfishes and 35.0% in seaweeds. The subjects recognized residual pesticides contamination more seriously in overall foods, cereal, potatoes and starches, bean, vegetables and fruits, whereas hazardous heavy metal contamination was recognized more seriously in fishes and shellfishes, and seaweeds food groups. Comparisons were shown based on individuial's occupation. Farmer, forester, iner and fisher showed the lowest recognizing level of food contamination in most food groups. The mean score of the dietary effect by mass media's information on food contamination from residual pesticides and hazardous heavy metals were 3.51±0.96 out of 5 points. By Duncan's multiple range test, sex, age, marriage, food cost per month, concerns about health and nutrition knowledge showed significant differences in the mean effect score at p<0.05. According to a pesticides contamination in several food groups were affected by food cost per month, mass media's information on food contamination, health status, and concerns about health, But a recognition level of hazardous heavy metals in food were affected by income and, food cost per month mass media's information on food contamination, health status, concern about health and nutrition knowledge. People who need to take extreme precautions of food contamination were in order of producers, government officials, homemakers, the consumer's association and consumers.

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Strategic Analysis of the Multilateral Bargaining for the Distribution Channels with Different Transaction Costs (거래비용이 상이한 복수의 유통채널에 대한 다자간 협상전략에 관한 연구)

  • Cho, Hyung-Rae;Rhee, Minho
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.4
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    • pp.80-87
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    • 2015
  • The proliferation of the Internet and communication technologies and applications, besides the conventional retailers, has led to a new form of distribution channel, namely home sopping through the telephone, TV, catalog or the Internet. The conventional and new distribution channels have different transaction costs perceived by the consumers in the following perspectives: the accessibility to the product information, the traffic cost and the opportunity cost for the time to visit the store, the possibility of 'touch and feel' to test the quality of the product, the delivery time and the concern for the security for the personal information. Difference in the transaction costs between the distribution channels results in the different selling prices even for the same product. Moreover, distribution channels with different selling prices necessarily result in different business surpluses. In this paper, we study the multilateral bargaining strategy of a manufacturer who sells a product through multiple distribution channels with different transaction costs. We first derive the Nash equilibrium solutions for both simultaneous and sequential bargaining games. The numerical analyses for the Nash equilibrium solutions show that the optimal bargaining strategy of the manufacturer heavily depends not only on the degree of competition between the distribution channels but on the difference of the business surpluses of the distribution channels. First, it is shown that there can be four types of locally optimal bargaining strategies if we assume the market powers of the manufacturer over the distribution channels can be different. It is also shown that, among the four local optimal bargaining strategies, simultaneous bargaining with the distribution channels is the most preferred bargaining strategy for the manufacturer.

Development and Analysis of Low Cost Telecommand Processing System for Domestic Development Satellites (국내 개발 인공위성을 위한 저비용 원격명령 처리 시스템 구현 및 분석)

  • Park, Sang-Seob;Lee, Seongjin;Jun, Yong-Kee
    • Journal of the Korean Society for Aeronautical & Space Sciences
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    • v.49 no.6
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    • pp.481-488
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    • 2021
  • The satellite telecommand processing system is the only way to provide telecommands for status monitoring, control, and mission execution. Domestic satellites can be divided into science, technology, and multi-purpose satellites, and geostationary satellites. These Satellites uses CCSDS standard protocol to communicate with ground stations. However, existing domestic satellites use only software to decode telecommands which increases cost of software development and verification of the developed software. Performance of software only approach is relatively low compared to hardware. In this paper, we present ASIC processing system specifically designed to decode telecommands. The system consists of a telecommand RAM, a protocol RAM/ROM, an ASIC, an interface unit of FPGA, and a relay block. The system handles general commands and pulse commands that are used in satellites. We established a ground station equipment and test environment to verify the system functionality, The result shows that our system reduces the development cost by 1/5 and improves the performance by 105 times compared to the previous systems that decode telecommands only by software.