• Title/Summary/Keyword: cost improvement

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A Study on the Decision For the Process Improvement Alternatives to Reduce the Fraction Defective (불량률(不良率) 감소(減少)를 위한 공정개선대안(工程改善對案) 결정(決定)에 관한 연구(硏究))

  • Lee, Do-Gyeong;Jo, Jin-Hyeong
    • Journal of Korean Society for Quality Management
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    • v.17 no.2
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    • pp.47-54
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    • 1989
  • This study is concerned with the reduction of fraction defective for quality improvement model in manufacturing system. For the methodology, a heuristic method for the selection of alternatives of process improvement is introduced for quality improvement and cost problem subject to cost constraints. This study suggests a model for selecting fraction defective reduction alternatives in multi-stage manufacturing system and a numerical example is presented.

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Stochastic cost optimization of ground improvement with prefabricated vertical drains and surcharge preloading

  • Kim, Hyeong-Joo;Lee, Kwang-Hyung;Jamin, Jay C.;Mission, Jose Leo C.
    • Geomechanics and Engineering
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    • v.7 no.5
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    • pp.525-537
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    • 2014
  • The typical design of ground improvement with prefabricated vertical drains (PVD) and surcharge preloading involves a series of deterministic analyses using averaged or mean soil properties for the various combination of the PVD spacing and surcharge preloading height that would meet the criteria for minimum consolidation time and required degree of consolidation. The optimum design combination is then selected in which the total cost of ground improvement is a minimum. Considering the variability and uncertainties of the soil consolidation parameters, as well as considering the effects of soil disturbance (smear zone) and drain resistance in the analysis, this study presents a stochastic cost optimization of ground improvement with PVD and surcharge preloading. Direct Monte Carlo (MC) simulation and importance sampling (IS) technique is used in the stochastic analysis by limiting the sampled random soil parameters within the range from a minimum to maximum value while considering their statistical distribution. The method has been verified in a case study of PVD improved ground with preloading, in which average results of the stochastic analysis showed a good agreement with field monitoring data.

A case study on the improvement effects of quality cost by establishing a quality cost management system (품질비용관리시스템 구축을 통한 품질비용 개선효과 및 성과에 관한 사례연구)

  • Lee, Wook-Gee;Kim, Joo-Wan
    • Journal of the Korea Safety Management & Science
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    • v.14 no.1
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    • pp.189-200
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    • 2012
  • Many companies have endeavored to build a quality cost management system in order to be more productive business organization. This study shows the detail procedures of constructing a quality cost management system which is believed to be appropriate for their business system. That is, the method to calculate the quality cost and the linking logic between the quality improvement and its financial impact are explained based on a particular industry case. In this sense, the changes of business performance measures such as market share, customer satisfaction, etc. were analyzed in the longitudinal perspective for the consecutive 4 years (2003~2006). As the quantitative results of this study, the improvement activities based on the quality cost management system resulted in the 32% reduction of quality cost and the 121% increase of business profit, compared 2005 with 2006. In the qualitative perspective, the successive practice of quality cost reduction and the job information sharing in business unit were obtained by providing the best practices and bench-marking cases. Finally, the customer satisfaction has increased so that the customer-friendly management system has been accomplished. With these efforts, the 3.4% increase of the market share and the 3% increase of the customer satisfaction were obtained in 2005. As the future study, the current study can be extended to the concept of COPQ (cost of poor quality) which focuses on the hidden quality cost of the whole business activities. Such extension of analysis will help us understand the wider role of a quality cost management system in the business.

A case for productivity improvement by time study in high tech industry (하이테크 부품산업에서 작업분석/실행을 통한 생산성 향상의 프로젝트 방법론 연구)

  • Lee, Won-Jae;kim, Joong-Hoi;Kang, Sung-Woo;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.17 no.1
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    • pp.225-230
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    • 2015
  • Productivity is the essential comparative advantage in high tech industry company in 21 century. These company endless endeavor for low cost production. Low cost production can be led by low facility operation cost and low labor cost. But reducing facility operation cost arise much investment. Thus many high tech company drive reduction of labor cost. These article suggest model for reducing labor cost and prove a effect by example of some company.

A Study on the Conceptual Approach In Quality Costs (품질비용의 개념적 접근방법에 대한 연구)

  • 양정회
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.147-153
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    • 1995
  • Many companies have thought that the quality cost is inclosed as the quality is improved. But, this is not so. The quality cost is not monotonously increased in proportion to the quality improvement. The existing approach to quality cost has many problems. This paper deals with conceptual difference between the traditinal and the existing view points of quality cost as the measurement index of quality, and developed the right approach of quality cost in terms of the combination of the traditinal and the existing approach. The right approach of quality cost that proposed in this paper was involved the following results; The approach of quality cost based on the continuous quality improvement for customer satisfaction, and considered flexibility, time, and information when the quality measured and evaluated.

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The Algorithm of Improvement of Production cost using Function based cost estimating (기능 분석에 따른 제품 원가 구조개선 알고리즘에 대한 연구)

  • Seo, Ji-Han;Lee, Jea-Myung;La, Seung-Hoon
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.207-213
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    • 2010
  • Now days, the marketing environment is rapidly changed. Therefore, a lot of companies try to reduce production cost. Especially, Design is a important activities in new product development. While the concepts of design for manufacturable and concurrent engineering have made significant advances in integrating the design function with other areas in the firm. There are still major gaps in timely and accurate costing information available to designers. Inappropriate design could result in high redesign cost and delay in product relation. The generation of design and improvement is a time-consuming and mentally exhaustion process. It involves combining design features to generate as many potential design as possible. As not all features combinations are feasible, decision-makers have to narrow down the potential solutions and subsequently select appropriate design for further development. This new study is composed of 3 steps aiming at the Low Cost Design of the product. The three steps are consisted that setting up the target Cost, estimating the current functional cost, the design of a unit's reviewing according to the priority of the difference between the target cost and the functional cost.

A study on the Structural Relationship among Innovation Activity, Innovation Performance, and Business Performance of Export Firms (수출기업의 혁신활동, 혁신성과, 경영성과 간의 구조적 관계에 관한 연구)

  • Yong-Hyun Cho
    • Korea Trade Review
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    • v.46 no.5
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    • pp.195-211
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    • 2021
  • The purpose of this study is to examine the relationship among innovation activities, innovation performance, and management performance of export firms. I first undertake a review of previous studies related to innovation activity, innovation performance, and export firms' innovation. Based on this, I set up a research model and hypotheses. First, The innovation activity is classified into product innovation activity, process innovation activity, and administrative innovation activity. Innovation performance is divided into product quality improvement and cost reduction. And the business performance is regarded as financial performance of export's firms. This study examined whether innovation activity affect innovation performance such as product quality improvement and cost reduction. In addition, I examined whether these innovation performance affects business performance (financial performance). To achieve this, a total of 368 questionnaires are used in this study and PLS (Partial Least Square) was used to analyze structural equation. As a result, this study shows that product innovation activity have a positive effect on product quality improvement, and process innovation activity also have a positive effect on product quality improvement. However, it was found that neither product innovation activity nor process innovation activity had an effect on cost reduction. And it was found that administrative innovation did not affect product quality improvement, but had a positive effect on cost reduction. Also, it was found that quality improvement, which is an innovation performance, did not affect the financial performance of export's firms, and cost reduction, which is an innovation performance, had a positive effect on the financial performance of the export's firms.

Placement and Operation of DG System for Reliability Improvement in Distribution Systems (배전계통의 신뢰도 향상을 위한 분산형전원의 설치 및 운영)

  • Kim Kyu Ho;Lee Sang Keun;Kim Jin O;Kim Tae Kyun;Jeon Dong Hun;Cha Seung Tae
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.348-350
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    • 2004
  • This paper presents the scheme for reliability improvement by dispersed generation system (US) installation and operation in distribution systems. The objective functions such as power losses cost, operation cost of DGS, power buy cost and interruption cost are minimized for reliability improvement. The original objective functions and constraints are transformed into the equivalent multiple objective functions with fuzzy sets to evaluate their imprecise nature. The several indices for reliability evaluation are improved by dispersed generation system installation.

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Improvement Directions for Life Cycle Cost Analysis and Evaluation in the Design-Build and Alternative Bidding Projects (설계.시공일괄입찰공사 및 대안입찰공사의 생애주기비용 분석 및 평가체계 개선방향)

  • Kang, Tai-Kyung;Lee, Yoo-Sub
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.1
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    • pp.97-102
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    • 2008
  • The report of the Korean Board of Audit and Inspection(BAI) on May 2007 indicates the problems of Life Cycle Cost (LCC) analysis and evaluation in the Design-Build(Turn-Key) and alternative bidding system. The point which the report indicates is that the cost estimation system for LCC analysis has nothing in common each other and there's no consistency among the repair cycle and ratio per facilities parts. For solving these problems, BAI demands the establishment of the guidelines for LCC analysis and evaluation from the competent authority Korean Ministry of Construction And Transportation(MOCT). The objective of this study is to develop the improvement directions for LCC analysis and evaluation which are suitable to the public construction projects especially for the Design-Build and alternative bidding system in Korea. For this study, the LCC related raws and regulations, LCC analysis guidelines of public cooperations, actual condition of LCC analysis and evaluation which include, the elements of LCC, the estimation rules of the initial cost and the maintenance cost, the analysis standards of time value of money, etc. are investigated to provide the improvement directions for LCC analysis and evaluation.

The Study on Highway-Rail Grade Crossings Improvement System in Korea (건널목 개량제도에 관한 고찰)

  • Lee Soon-Cheul;Bhang Youn-Keun
    • Journal of the Korean Society for Railway
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    • v.8 no.4
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    • pp.385-390
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    • 2005
  • In Korea, about 60 percent of railroad accidents are associated with highway-rail grade crossings numbering 1,657 nationwide, which the railroad system operates. To reduce the number of accidents, the authority formulated methods to improve or eliminate grade crossings. However, the improvement programs have made progress in slow time due to the institute inertia and the lack of funds from the municipal government, which shares the cost of improvement of grade crossings. Thus, this study analyses the institute system of the grade crossings, proposes modifications, and suggests financing methods to improve the grade crossings and to lower the number of accidents. Presently, the grade crossings safety perspective is directed towards road conditions and so a new perspective, which includes safety from the train perspective and to finance in review of railway system and to allocate the cost between the central government and the municipal governments. is discussed.