• Title/Summary/Keyword: cost-effective process

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A Study on the International Chamber of Commerce (ICC) Rules of Arbitration 2012 (국제상업회의소(ICC) 중재규칙의 2012년 개정내용에 관한 검토)

  • Kim, Young-Ju
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.55
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    • pp.125-154
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    • 2012
  • The International Chamber of Commerce (ICC) has published revised rules of arbitration, which come into force on 1 January 2012 (the ICC Rules 2012). The ICC Rules 2012 apply to all arbitrations commenced on or after 1 January 2012, unless the parties have agreed to submit their arbitration to the rules in effect on the date of their arbitration agreement (Article 6(1)). The ICC Rules 2012 explicitly require both the arbitrators and the parties to make every effort to conduct the arbitration in an expeditious and cost-effective manner. The changes will force participants to define more aspects of their claims and outline the merits of the dispute earlier on in the process. The Rules also contain new penalties for behaving in a way that undermines the process's efficiency. The new Rules permit the tribunal, when making allocating costs, to take into account the extent to which each party has conducted the arbitration in an expeditious and cost-effective manner. Entirely new provisions relate to the emergency arbitrators, case management, and multi-party arbitrations. The ICC Rules 2012 take into account developments in arbitration practice and procedure, and in information technology, since the last revision of the rules in 1998, the aim being to provide modern and flexible procedures that promote efficiency in the arbitral process.

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A Study on Decision Making Factors of Cloud Computing Adoption Using BCOR Approach (BCOR 접근법을 이용한 클라우드 컴퓨팅 도입의 의사결정 요인에 관한 연구)

  • Lee, Young-Chan;Hanh, Tang Nguyen
    • Journal of Information Technology Services
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    • v.11 no.1
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    • pp.155-171
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    • 2012
  • With the continuous and outstanding development of information technology(IT), human being is coming to the new computing era which is called cloud computing. This era brings lots of huge benefits also at the same time release the resources of IT infrastructure and data boom for man. In the future no longer, most of IT service providers, enterprises, organizations and systems will adopt this new computing model. There are three main deployment models in cloud computing including public cloud, private cloud and hybrid cloud; each one also has its own cons and pros. While implementing any kind of cloud services, customers have to choose one of three above deployment models. Thus, our paper aims to represent a practical framework to help the adopter select which one will be the best suitable deployment model for their requirements by evaluating each model comprehensively. The framework is built by applying the analytic hierarchy process(AHP), namely benefit-cost-opportunity-risk(BCOR) model as a powerful and effective tool to serve the problem. The gained results hope not only to provide useful information for the readers but also to contribute valuable knowledge to this new area. In addition, it might support the practitioners' effective decision making process in case they meet the same issue and have a positive influence on the increase of right decision for the organization.

Synthesis and Characterization of Core-Shell Silica-Phosphor Nanoparticles via Sol-Gel Process (Sol-gel 법을 이용한 코어-쉘 실리카-형광체의 제조 및 특성평가)

  • Shin, Weon Ho;Kim, Seyun;Jeong, Hyung Mo
    • Journal of Powder Materials
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    • v.25 no.1
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    • pp.12-18
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    • 2018
  • Cost-effective functional phosphor nanoparticles are prepared by introducing low-cost $SiO_2$ spheres to rare-earth phosphor ($YVO_4:Eu^{3+}$, $YVO_4:Er^{3+}$, and $YVO_4:Nd^{3+}$) shells using a sol-gel synthetic method. These functional nanoparticles are characterized by X-ray diffraction, X-ray photoelectron spectroscopy, transmission electron microscopy, and general photoluminescence spectra. The $SiO_2$ sphere occupying the interior of the conventional phosphor is advantageous in significantly reducing the cost of expensive rare-earth phosphor nanoparticles. The sol-gel process facilitates the core-shell structure formation; the rare-earth shell phosphor has strong interactions with chelating agents on the surfaces of $SiO_2$ nanoparticles and thus forms layers of several nanometers in thickness. The photoluminescence wavelength is simply tuned by replacing the active materials of $Eu^{3+}$, $Er^{3+}$, and $Nd^{3+}$. Moreover, the photoluminescent properties of the core-shell nanoparticles can be optimized by manipulating the specific contents of active materials in the phosphors. Our simple approach substitutes low-cost $SiO_2$ for expensive rare-earth-based phosphor materials to realize cost-effective phosphor nanoparticles for various applications.

Development of Up- and Down-flow Constructed Wetland for Advanced Wastewater Treatment in Rural Communities (소규모 오수발생지역의 고도처리시설을 위한 상.하 흐름형 인공습지 개발)

  • Kim, Hyung-Joong;Yoon, Chun-G.;Kwun, Tae-Young;Jung, Kwang-Wook
    • Journal of The Korean Society of Agricultural Engineers
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    • v.48 no.6
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    • pp.113-124
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    • 2006
  • The feasibility of the up- and down-flow constructed wetland was examined fur rural wastewater treatment in Korea. Many constructed wetland process was suffered from substrate clogging and high plant stresses because of long term operation. The up- and down-flow constructed wetland process used porous granule materials (charcoal pumice : SSR=10:20:70) for promoting intake rate of nutrient to plant, and especially flow type was designed continuously repeating from up-flow to down-flow. $BOD_5$ and SS was removed effectively by the process with the average removal rate being about 75% respectively. The wetland process was effective in treating nutrient as well as organic pollutant. Removal of TN and TP were more effective than other wetland system and mean effluent concentrations were approximately 7.5 and $0.4mg\;L^{-1}$ which satisfied the water quality standard for WWTPs. The treatment system did not experience any clogging or accumulations of pollutants and reduction of treatment efficiency during winter period because constructed polycarbonate glass structure prevented temperature drop. Considering stable performance and effective removal of pollutant in wastewater, low maintenance, and cost-effectiveness, the up- and down-flow constructed wetland was thought to be an effective and feasible alternative in rural area.

Cost Normalization Framework for a Benchmarking System: A Case for Downstream and Chemical Construction Projects

  • Yin, Zhe;DeGezelle, Deborah;Pappas, Mike;Caldas, Carlos
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.590-598
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    • 2022
  • Benchmarking is an important tool to assess the performance of capital projects in the construction industry. Incorporating cost-related metrics into a benchmarking system requires an effective cost normalization process to enable meaningful comparisons among projects that were executed at different locations and times. Projects in the downstream and chemicals sector have unique characteristics compared to other types of construction projects, they require a distinctive cost normalization framework to be developed to benchmark their absolute cost performance. The purpose of this study is to develop such a framework to be used for the case of benchmarking the downstream and chemical projects for their performance assessment. The research team started with a review of existing cost normalization methodologies adopted in benchmarking systems and conducted 7 interviews to identify the current cost normalization practices used by industrial professionals. A panel of 12 experts was then convened and it held 6 review sessions to accomplish the framework development. The cost normalization framework for benchmarking downstream and chemical projects was established as a three-step procedure and it adopts a 4-element cost breakdown structure to accommodate projects submitted by both owners and contractors. It also incorporated 5 published cost indexes that are compatible with downstream and chemical projects and they were embedded into 2 options to complete the normalization process. The framework was then pilot-tested on 4 completed projects to validate its functional practicality and the downstream and chemical use case in the benchmarking system.

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Management Method in the Education Facilities of the Construction Process through Value Engineering(VE) Case Study (VE 사례분석을 통한 교육시설 건축공사 단계별 관리방안)

  • Kim, Hag-Joo;Mun, Gwang-Bae;Go, Seong-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.129-132
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    • 2012
  • Value Engineering(VE) process is going to make a series of improvements for the effective construction project management or optimal proposal to improve quality, performance improvement, cost reduction and customer satisfaction. For making the quality model based on better than the architecture that is required in the VE, such a project promoting creative plan, functionality and constructability reflecting the materials and improved construction methods and building life cycle for reviewing the smooth progress of the construction projects may be necessary for management techniques. This study is to establish a management plan in the educational facilities construction process through education institution's recent orders completed by VE case study.

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Finite Element Analysis of Glass Lens Forming Process Using Open Die (개방형 금형을 이용한 유리 렌즈 성형 해석)

  • 나진욱;임성한;전병희;오수익
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2003.05a
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    • pp.143-147
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    • 2003
  • Despite of outstanding optical performance of glass lens, glass lens have not been widely used because of poor productivity and high cost due to manufacturing process i.e. grinding, polishing. However, press-forming method of glass lens overcomes this disadvantage because of mass production. When glass lens is produced by press-forming method using closed die, it is needed that the volume of glass lens preform precisely measured in order to prevent incomplete products and to increase in life of die. The present paper shows the shortcoming of forming process with closed die, and performs FEM simulation of forming process with open die in order to overcome this shortcoming. The design parameter of open die is selected in standard of assembly with optical module and maintenance of optical performance. FEM simulation is carried out with selected parameter of open die and two basic preform. According to distribution of effective strain in glass lens, optical property of glass lens formed at each set of die and preform is compared.

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Finite Element Analysis of Glass Lens Forming Process Using Open Die (개방형 금형을 이용한 유리 렌즈 성형 해석)

  • 나진욱;임성한;오수익;전병희
    • Transactions of Materials Processing
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    • v.12 no.4
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    • pp.296-301
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    • 2003
  • Though a glass tens has outstanding optical performance, it has not been widely used because manufacturing process shows poor productivity and high cost. However, press-forming method of glass lens overcomes these disadvantages with mass production. When glass lens is produced by press-forming method using closed die, it is needed that the volume of glass lens preform is precisely measured in order to prevent incomplete products and to increase in life of die. The present. paper shows the shortcoming of forming process with closed die, and performs FEM simulation of forming process with open die in order to overcome this shortcoming. The design parameters of open die are selected on the basis of assembly with optical module and maintenance of optical performance. FEM simulation is carried out with selected parameter of open die and two basic preform. According to distribution of effective strain in glass lens, optical property of glass lens formed at each set of die and preform is compared.

A Study on the Improved Business Processes of e-Government System for the Integration of Civil Affairs and Suggestions Services (공공행정 서비스 업무의 통합을 위한 전자정부 시스템의 개선된 비즈니스 프로세스에 관한 연구)

  • Park, Dong-Ah;Park, Man-Gon
    • Journal of Korea Multimedia Society
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    • v.19 no.6
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    • pp.1052-1064
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    • 2016
  • For effective management and processing for civil affairs, online public services are in operation in every administrative organizations. However, due to the lack of links in each government departmental business processes on e-Government system, the satisfaction of the civil petitioners has not improved. In this paper, we propose an improved business process for the implementation of one-stop integrated civil affairs and suggestions services on e-Government system to reduce the time and cost for processing civil affairs and to improve the efficiency of the public services by cutting down the cost and time. This paper also suggests the ways to improve the quality of public service through redesigning civil affairs processing in the light of integrated system for the civil affairs and its suggestion.

Cu Electrode Fabrication by Acid-assisted Laser Processing of Cu Nanoparticles and Application with Transparent·Flexible Electrode (구리 나노 입자에 산-보조 레이저 공정을 적용한 구리 전극 제작 공정 개발 및 투명·유연 전극으로 활용)

  • Jo, Hyeon-Min;Gwon, Jin-Hyeong;Ha, In-Ho;Go, Seung-Hwan
    • Proceedings of the Korean Institute of Surface Engineering Conference
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    • 2018.06a
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    • pp.121-121
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    • 2018
  • Copper is a promising electronic material due to low cost and high electrical conductivity. However, the oxidation problem in an ambient condition makes a crucial issue in practical applications. In here, we developed a simple and cost-effective Cu patterning method on a flexible PET film by combining a solution processable Cu nanoparticle patterning and a low temperature post-processing using acetic acid treatment, laser sintering process and acid-assisted laser sintering process. Acid-assisted laser sintering processed Cu electrode showed superior characteristics in electrical, mechanical and chemical stability over other post-processing methods. Finally, the Cu electrode was applied to the flexible electronics applications such as flexible and transparent heaters and touch screen panels.

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