• Journal of Construction Engineering and Project Management
• /
• v.8 no.1
• /
• pp.1-9
• /
• 2018

US transportation agencies are dealing with shrinking budgets, limited work forces, and deteriorating infrastructure. In order to cope with funding uncertainty, state highway agencies are now looking into their own organizations and identifying programs, practices, and processes that have potential for cost saving. A quality assurance (QA) program is an integral part of highway construction and ensures a project's contracted level of quality. The cost of quality (conforming and nonconforming) can constitute a sizable part of total construction cost. As the quality assurance programs evolved, various practices and processes were developed over time and later adopted by state highway agencies. These practices and processes include different QA standards and specifications, varying testing methods, central testing lab vs. on site testing, performance based vs. prescribed quality assurance practices, implementation of innovative quality assurance practices, etc. Therefore, there is an opportunity to assess different QA strategies and recommend those practices that are effective and cost efficient. A national survey was conducted by the authors, which provided a detailed mapping of various QA practices and processes used as part of QA programs and identified areas where agencies can focus on for cost savings. The survey found that QA sampling and testing plans, optimization of sampling plans, optimization of QA standards and specifications, and implementation of innovative test methods and processes are the main areas the agencies should focus to lean the current QA programs.

• Journal of Home Health Care Nursing
• /
• v.26 no.2
• /
• pp.133-144
• /
• 2019

Purpose: This study was conducted to verify the effectiveness of a cost management education program, focusing on the differences between a web-based group and a mobile-based group. Method: This was a quasi-experimental study using a two-group pretest-posttest design. Participants were 74 nurses in a web-based group and 69 nurses in a mobile-based group. Data were collected between January 2 and February 10. The cost management education program was configured such that the participants studied eight modules over four weeks. The after-program post-test was conducted for one week. Results: Both the web-based group and the mobile-based group showed significantly higher values for cost management knowledge (S=5.98, p<.001 and S=2.76, p=.006, respectively). The web-based group had statistically significantly higher values for cost management knowledge (S=4,461.50, p<.001) than the mobile group. Conclusion: The cost management education program showed improvement in knowledge in both the web-based and mobile-based groups; however, the web-based approach was more effective for nurses. A cost management education program which can be implemented effectively across all range of nurses is recommended.

• The Journal of Asian Finance, Economics and Business
• /
• v.8 no.4
• /
• pp.769-776
• /
• 2021

The focus of this study is to investigate the effect of earnings management and audit quality on the cost of equity capital and also examines whether audit quality acts as a moderating variable for the effect of earnings management on the cost of equity capital. The population in this study are companies from the consumer goods industry sector listed on the Indonesia Stock Exchange (IDX) during the 2016-2018 period. This sector was chosen because it is a sector that is able to survive in conditions of economic decline, so it becomes a good investment opportunity in the future. The sample selection was carried out using purposive sampling technique. By using the Moderated Regression Analysis (MRA) technique, the results show that earnings management has a positive effect on the cost of equity capital. Conversely, companies with good audit quality will bear lower cost of equity capital. The moderating hypothesis test results show that audit quality moderates the effect of earnings management on the cost of equity capital. This means that, even though the company carries out earnings management, investors have more confidence in the results of audits conducted by qualified auditors so that the cost of equity capital is low.

• International conference on construction engineering and project management
• /
• 2013.01a
• /
• pp.475-478
• /
• 2013

To carry out a one-off construction project successfully, effective and accurate early cost estimation is crucial, especially during the conceptual stage where very limited minimum information of construction project is given. As the level of accuracy of the early cost estimation has huge impacts on precise budgeting and cost management of a project, in other words, reducing the risk of a project, cost must be managed with special awareness. In an effort to improve the estimate accuracy of cost during the conceptual stage, this research introduces a Parameter Impact (PI) which can quantify weights of parameters and rank them; and PI development derived from the principle of impulse in physics is explicated. For a case study, 76 public apartment building cases in Korea are analyzed. To examine the validity of the proposed PI, a validation in terms of CBR applicability test and estimate accuracy comparisons using 10-nearest neighbor cases are carried out. The validation results support that the suggested PI can be applied in quantifying the weights of the parameters and CBR method for early cost estimation.

• Journal of the Korean Society for Aviation and Aeronautics
• /
• v.15 no.1
• /
• pp.61-67
• /
• 2007

The importance and cost of avionics system in the integration of an aircraft is continuously increasing. And we can expect enlarged software portion in the system integration for the more intelligent, reliable, and automated avionics system. Both military and commercial avionics community have moved toward commercial-off-the-shelf(COTS) equipment and open systems architecture not only to increase affordability but also to reduce acquisition cost, shorten development time and risk. The same concept is applied in developing avionics test system used for the avionics system integration test. In this paper, we present important topics in the development of avionics system including real-time operating system, interconnect data bus, software development methodology, software development process, and system integration test.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
• /
• v.27 no.2
• /
• pp.7-13
• /
• 2013

The portion of lighting power consumption for our country is up to 20~30% of the total amount. Currently, most of the DSM(Demand side management) of lighting power is delivered in supply of high efficient lighting to customers. On the contrary, applications of lighting power to power load leveling are still rare. In this paper, the simulations for various control types of lighting power for load leveling are tried, and we obtained the cost effective and optimal control method through that. This simulation was executed in test office with fluorescent light by us based on applying 8 control types(on, off & dimming), considering customers' satisfaction, for instance, minimum intensity of illumination allowed. According to the result of this test, we found that mixed type(chessboard(on-off) plus dimming control(10%)) is most effective.

• Transactions of Materials Processing
• /
• v.15 no.3 s.84
• /
• pp.247-254
• /
• 2006

Rather than traditional manufacturing processes, miniature manufacturing processes usually require sophisticated equipments and characteristics of the processes of high cost and of low productivity. Contrarily, miniature stamping process can be realized in a low cost high productivity with relatively inexpensive equipments. In the meso scale, mechanical properties, especially work hardening characteristics, are discovered to be statically scattered and size dependent by intensive experimental and numerical investigations, which make the stamping process hard to apply to the miniature manufacturing. In this study, dual purpose experimental device that can be used for both miniature scale tensile test and miniature scale stamping by simple change of attachment has been developed. For the tensile test, the elongation has been measured with a combined use of a CCD camera and a linear encoder in order to account for the possibility of slippage between specimen and the grip and to ensure the accuracy of the measurement, while load has been measured with a load cell. To satisfy the required material properties for stamping, optimal annealing condition has been found by examining the microstructure of annealed specimen.

• Journal of the Korean Society of Systems Engineering
• /
• v.1 no.2
• /
• pp.34-42
• /
• 2005

Logistic Support Analysis(LSA) and Logistic Supportability Review must be carried out as soon as possible in development stage in order to minimize operation/maintenance cost that head the list of weapon cost and improve logistic supportability of the weapon system. And the result must be used for hardware designs to set up to be able to input to the system design and logistic support elements. Therefore Logistic Support Elements must be planed/developed/supplied with the main combat system concurrently and performance and logistic supportability of the comabat system had better be improved mutually. This report describes maintenance concept changes of weapon systems, fault diagnosis function and test equipment state on the domestic MBT(main battle tank). And then it presents application and intensification of itself fault diagnosis system for a domestic future MBT considering connection with IETM(Interactive Electronic Technical Manual) and TE(Test Equipment).

• Journal of the Korea Safety Management & Science
• /
• v.9 no.2
• /
• pp.123-134
• /
• 2007

This paper focuses on the in-house reliability assurance plan for the bulk materials of each company. The reliability assurance needs in essence a long time and high cost for testing the materials. In order to reduce the time and cost, accelerated life test is adopted. The bulk sampling technique was used for acceptance. Design parameters might be total sample size(segments and increments}, stress level and so on. We focus on deciding the sample size by minimizing the asymptotic variance of test statistics as well as satisfying the consumer's risk. In bulk sampling, we also induce the sample size by adapting the normal life time distribution model when the variable of the lognormal life time distribution is transformed and adapted to the model. In addition, the sample size for both the segments and increments can be induced by minimizing the asymptotic variance of test statistics of the segments and increments with consumer's risk met. We can assure the reliability of the mean life and B100p life time of the bulk materials by using the calculated minimum sample size.

• Journal of Institute of Convergence Technology
• /
• v.4 no.1
• /
• pp.9-13
• /
• 2014

The purpose of this study is analysis to vehicle's fuel economy and emission gas characteristics by fuel type. The test vehicle were selected to similar weight and performance, the test vehicle was used three representative mode(CVS-75, HWFET and NEDC) in order to evaluation fuel economy and emission gas. For reference, environment pollution cost was calculated on the basis of the exhaust emissions occurred in the test in progress.