• Title/Summary/Keyword: accounting systems

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A Study on the Effective Depreciation Curve by Asset in Korean Manufacturing Sector (우리나라 제조업에 있어 자산형태별 실질 감가상각 곡선에 관한 연구)

  • 조진형
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.13 no.22
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    • pp.7-16
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    • 1990
  • Because economic depreciation includes some disciplines like economics, accounting and industrial engineering, the terminologies concerned are selected and arranged. The economic depreciation is defined with which the cases that occur when economic depreciation is measured are considered. Two major methods of the measurement of economic depreciation are reviewed these are Hulten-Wykoff's approach and Bureau of Economic Analysis of U.S.A. methodology. In its application in Korea the expected problems are presented. This paper also shows that it is rarely possible. Therefore Under the restricted condition a method to measure the economic deprection is suggested in Korea manufacturing sector.

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An Inquiry Into the Development of the Engineering Manpower (기능인력개발방법에 관한 연구)

  • 이내형
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.2 no.2
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    • pp.33-38
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    • 1979
  • This thesis aimed at studying the development of the engineering manpower in industrial society today. In order to achieve the purpose, we must to be supported by its training to be based on the continuous government planning for the development of manpower It is proper that strategic management should be conducted for the vocational engineer training. In the view of the present situation, we dare assert that the following management should be followed ; 1. We believe that the motives of the engineer will be caused by the law of official rearing, 2. For the manager's concern, it is need for the system of accounting in the manpower to be established, 3. For the efficiency each other, it is urgent to take a trianqular position for the confidence through the value of rationalism above all mentioned words are concerned with having high morale and a normal act for the engineer.

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Effects of ISO 9001:2008 Requirement Execution and TQM on Financial Performance (ISO 9001:2008 요구사항 실행이 TQM과 재무성과에 미치는 영향)

  • Park, Moo-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.35 no.2
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    • pp.80-87
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    • 2012
  • It is well known that ISO 9001 and TQM have significant effects on business success. We analyzed the effects of ISO 9001 requirements and TQM on financial performance with structural equation modeling. Hypotheses are proposed and tested based on existing beliefs, proposition and prior research concerning quality. Survey data were collected from 291 manufacturing companies with ISO 9001 certifications. The data show that ISO 9001:2008 requirements have significant positive direct effects on TQM practices, but do not have positive direct effects on financial performance. As expected, TQM has significant positive direct effects on financial performance. One of the important results is that efforts to meet ISO 9001:2008 requirements enhance TQM practices which, in turn, helps to improve financial performance. Findings in this study support the claims that ISO 9001:2008 would be a good step toward total quality management and is a meaningful component of TQM.

A Study on the Estimation of Economic Depreciation Rate on Industrial Property U sing Remianing Life (잔존수명을 활용한 제조설비의 경제적 감가상각률 추정방안)

  • Oh, Hyun-Seung;Cho, Jin-Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.3
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    • pp.219-224
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    • 2010
  • Depreciation accounting has as its main objective, the recovery of the original cost of plant investment less net salvage, over the estimated useful life of that plant. Accuracy of the whole life technique in meeting this objective depends entirely on the original estimates of service life and net salvages for an account. Where the whole life technique has been used and original estimates prove inaccurate, excessive or deficient accumulations in the depreciation reserve frequently occur. To overcome this, the remaining life technique is suggested to better match the challenges of accelerated technology and competition within the regulated environment. The flexibility of the remaining life technique will allow an even chance to provide a complete recovery of the original cost.

Multi-Criteria Decision Making Procedure under Incompletely Identified Preference Information

  • Ahn, Byeong-Seok;Kim, Jae-Kyeong;Kim, Soung-Hie
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.3
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    • pp.63-73
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    • 1998
  • The paper deals with interactive multiple criteria decision making procedure when decision maker (DM) specifies her or his preference in incomplete ways. Usually DM is willing or able to provide only incomplete information, because of time pressure and lack of knowledge or data. Under incomplete information on utility and attribute weight, the pairwise dominance checks result in strict or weak dominance values. Considering only strict dominance values sometimes fails to Prioritize alternatives because of fuzziness of preference information. Further there exists some information loss useful if used, otherwise. In this paper, we consider the outranking concept which implies the willingness of DM's taking some risk under the least favorable situation because she has enough reasons to admit the results. By comparing the magnitude of net preference degree of alternatives which is defined by difference between outrankings and outranked degree of each alternative, we can prioritize alternatives.

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Analytical solutions to piezoelectric bimorphs based on improved FSDT beam model

  • Zhou, Yan-Guo;Chen, Yun-Min;Ding, Hao-Jiang
    • Smart Structures and Systems
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    • v.1 no.3
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    • pp.309-324
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    • 2005
  • This paper presents an efficient and accurate coupled beam model for piezoelectric bimorphs based on improved first-order shear deformation theory (FSDT). The model combines the equivalent single layer approach for the mechanical displacements and a layerwise modeling for the electric potential. General electric field function is proposed to reasonably approximate the through-the-thickness distribution of the applied and induced electric potentials. Layerwise defined shear correction factor (k) accounting for nonlinear shear strain distribution is introduced into both the shear stress resultant and the electric displacement integration. Analytical solutions for free vibrations and forced response under electromechanical loads are obtained for the simply supported piezoelectric bimorphs with series or parallel arrangement, and the numerical results for various length-to-thickness ratios are compared with the exact two-dimensional piezoelasticity solution. Excellent predictions with low error estimates of local and global responses as well as the modal frequencies are observed.

Simplified modelling of continous buried pipelines subject to earthquake fault rupture

  • Paolucci, Roberto;Griffini, Stefano;Mariani, Stefano
    • Earthquakes and Structures
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    • v.1 no.3
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    • pp.253-267
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    • 2010
  • A novel simple approach is presented for the seismic analysis of continuous buried pipelines subject to fault ruptures. The method is based on the minimization of the total dissipated energy during faulting, taking into account the basic factors that affect the problem, namely: a) the pipe yielding under axial and bending load, through the formation of plastic hinges and axial slip; b) the longitudinal friction across the pipe-soil interface; c) the lateral resistance of soil. The advantages and drawbacks of the proposed method are highlighted through a comparison with previous approaches, as well as with finite element calculations accounting for the 3D kinematics of the pipe-soil-fault systems under large deformations. Parametric analyses are also provided to assess the relative influence of the various parameters affecting the problem.

Numerical Study of Square Cup Deep Drawing Accounting for Biaxial Tensile Property (판재의 이축인장 특성을 고려한 사각컵 딥드로잉 성형해석)

  • Ahn, D.C.;Kim, K.Y.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2009.05a
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    • pp.213-214
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    • 2009
  • Recently the use of ferritic stainless steels for automotive exhaust system has been increased dramatically. A detailed knowledge of material behavior of ferritic stainless steel is important for successful manufacturing of exhaust systems. To achieve this goal, numerical study of square cup deep drawing for ferritic stainless steel sheet, type 409L was conducted with Yld2000-24. Uniaxial tensile test and hydraulic bulge test were performed to characterize plastic material behavior. Finite element simulation of square cup deep drawing was performed successfully.

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Coupled effects of electrical polarization-strain gradient on vibration behavior of double-layered flexoelectric nanoplates

  • Barati, Mohammad Reza
    • Smart Structures and Systems
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    • v.20 no.5
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    • pp.573-581
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    • 2017
  • A vibrating double-layered nanoscale piezoelectric plate is developed accounting for the flexoelectricity and surface effects. The flexoelectricity is due to the coupling between electrical polarization and strain gradient. Applying Hamilton's principle, the governing equations and related boundary conditions are derived. Assuming suitable approximate functions, the governing equations are numerically solved for simply-supported and clamped boundary conditions. Obtained results indicate that both the flexoelectricity and surface effects possess notable impact on the vibration frequencies of the system. Only flexoelectricity yields a considerable difference between the present model and previous investigations on conventional piezoelectric nanoplates. Generally, a parametric study has been performed to examine the effects of surface elasticity, flexoelectricity, applied electric voltage, interlayer stiffness, geometrical parameters and boundary conditions on vibration frequencies of piezoelectric nanoplates.

The Agency Costs and Ownership Structure of the companies listed on the KOSDAQ (코스닥기업의 소유구조와 대리비용)

  • Hwang Dong-Sub
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.28 no.1
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    • pp.105-113
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    • 2005
  • I investigate whether the efficient ratios used as the proxies of the agency costs maintained by Ang et al.(2000) is significant. Utilizing a sample of 77 manufacturing companies listed on the KOSDAQ from the TS2000 of the KSDA, The results are as follows. Agency costs are found to be decreasing with the ownership share of controlling shareholders and accounting performance becomes higher. But firm value measured by Tobin's Q ratio becomes lower according as the ownership of the controlling shareholders increases. If agency costs decrease in proportion to controlling shareholder's share, firm value should be higher according to the agency theory by Jensen and Meckling(I976). But the results of the empirical test of this study are inconsistent with Jensen and Meckling's(1976). Therefore the following study on the more useful proxies stand for agency costs should be needed.