• Title/Summary/Keyword: production expense

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Marketing Strategies in the Film Industry: Investment Decision Game Model (영화산업에서의 마케팅 전략 : 투자 결정 게임 모형을 중심으로)

  • Hwang, Hee-Joong
    • Journal of Distribution Science
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    • v.13 no.10
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    • pp.109-114
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    • 2015
  • Purpose - The movie market has the characteristics of being a perfectly competitive market as well as a pure monopolistic market at the same time. This is because there are competitors in the industry but prices, although not fixed, have not changed a lot. Price competition may not have spread, but the competition is focused on artistic value, and the degree of box office success is most important. The artistic value is determined in the course of the production process. However, the degree of box office success is dependent upon the marketing manager. The marketing strategy represents the difference in the standard or quality of the movie. Inherently, the marketing manager adopts the entertainment strategy based on the quality of the foundation of the completed movie. At this time, the marketing manager knows the pertinent information (high quality/low quality) regarding the movie. This research study tries to reveal what should be the reasonable movie marketing expense, dependent on the quality of the movie. Research design, data, and methodology - Using a game scenario with different market players, the goal of the research analysis is to find out the following. First, the marketing expense is determined to maximize the profits after film production. Second, after the production costs are already committed, the manufacturer gets to choose the marketing level. At this time, there will be a profit maximization point, considering the competition. The premise of the research is as follows: if it is a good movie of quality, positive word of mouth increasing the audience continuously slows down the speed of the demand curve. If the movie quality is bad, the negative word of mouth decreasing the audience gradually hastens the speed of the demand curve. On the marketing side, when the manufacturer invests heavily in the marketing expense of the movie, consumer expectations increase to drive up the audience numbers. On the other hand, it is difficult to improve the profits excessively. When the manufacturer invests in marketing a little bit, the marketing expense is only relatively committed, therefore a lot of demand cannot be gained. Results - If a fixed market share is in a competitive situation, a low quality manufacturer expends relatively more marketing expense. If the situation assumes two manufacturers spend the same for the cost of production, the high quality manufacturer takes more profit. If the manufacturer expends less marketing budget to save costs, the optimum profit cannot be achieved since the other party (opponent) grabs the initial market share. Conclusions - In conclusion, investment is essential for market share to increase. We must refrain from a zero-sum game and have models where the game participants pursue the creative profits together. In the current film industry, there is the dominating logic of winner and loser but we have to create a film industry environment where the participants can be altogether satisfied and live together.

A Study on the Cost State of Medium Size Two-boat Trawler Fishery (이소인 중형기선저인망어업의 원가실태에 관한 연구)

  • 박정호
    • The Journal of Fisheries Business Administration
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    • v.8 no.2
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    • pp.1-19
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    • 1977
  • The results analyzed of the actual state of medium size two-boat trawler fishery based on the cost expended in 1975 are as follows: According to the calculation of interest, the total cost of this fishery comes to ₩ 55,353,807, and in this account, the production cost comes to ₩ 49,747,383 (89.9%) and the material cost comes to ₩ 27,027,662(48.8%), the labour cost comes to ₩ 10,381,013 (18.8%) the expenses, ₩12,338,708(22.3%) and commision and interest comes to ₩ 5,606,424 (10.1%). As above the fishery comes is 90% of production cost for the expense of production. The ratio of cost element to the total cost 100 is as follow: Fuel: 23.6%, allocation: 14.3%, fishing gear: 14.1%, boat repair: 13.0%, fish box: 8.5%, ice: 14.1%, commission: 6.9%, food cost: 4.5%, interest: 3.2%, transportation fee: 2.8%, consumption: 2.6%, tax: 2.5%, depreciation: 2.4%, administrative expense: 1.6%. The unit cost of catches to each box, including the interest, cames to ₩ 2,167 and not calculating the interest it comes to ₩ 2,098. The cost production to each kg comes to ₩ 114 including interest, without interest, it comes ₩110. When the production cost comes to 90.6%, it comes to 9.4% of total revenue. The reason which this fishery brings low income is that the boats are almost old and semi-diesel engine is used. So, fuel expense and repaire expenses needs too much. Acconding to above this fishery needs to replace new boat and new engine. And new are for this fishery needs to bring under cultivation in order to bring good income with the new method for this fishery. Specially, this fishery brings low income from July to September because of its rest from labour. And so, the expenses, item, and account of money, and the trust money the cost element are not showed in August.

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Development of an Approximate Cost Estimating Model for River Facility Construction at Planning Stage (이.치수형 하천공사 개략공사비 산정모델 개발)

  • Lee, Si-Wook;Lee, Jeong-Yoon;Park, Sung-Hwan;Choi, Jae-Joon;Woo, Sung-Kwon
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.5
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    • pp.95-103
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    • 2009
  • The case of rivers facilities works, expense the standard unit cost for the quality and a rough public corporation expense estimating of the rivers public corporation which is fixed form with the information available which it follows basic design phase absently and possibility of fluctuation. It exists many difficulties in rough public corporation expense estimating. The rivers public corporation expense rough estimating method of existing produces does not exist the amount of material of representative section of the rivers dike and the rough public corporation expense estimating method which is systematic with the method which multiples the seniority (M). The research sees the rough public corporation expense predictive model from the planning stage which is not basic design to consider the quality of the rivers facility public corporation. From this study, it can prevent the waste of national budget from the general public corporation and is more accurate and public corporation expense production possibly.

Recent Advances of Nutritional Physiology and Artificial Diet of the silkworm, Bombyx mori, in Japan

  • Horie, Yasuhiro
    • Journal of Sericultural and Entomological Science
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    • v.37 no.2
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    • pp.235-243
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    • 1995
  • Recently, the cocoon production is reducing very steeply in Japan. The main reason for this cocoon reduction is due to high labor cost and the production expense is apt to rise year by year. Accordingly, the improvement of cocoon productivity by retrenchment of the production expense is intensively required in my country. Therefore, the silkworm rearing on the artificial diet is largely expected as the innovation techniques of sericulture. Since rearing of the silkworm on artificial diets has first been achieved in 1960, and the silkworm larvae were reared throughout all the instars on artificial diets(Fukuda et al., 1960, Ito & Tanaka, 1960). The artificial diets used at this time contained 50% or more of dried, pulverized mulberyy leaves as one of the main ingredients, and the composition was rather simple. When reared on these diets, larval growth and development were retarded, small cocoons appeared, and the adults laid only a small number of eggs. At first, we would like to study about nutritional requirement of the silkworm, using the chemically defined diet which prepared artificially. Subsequently, attempts were made to improve the diets by replacement of crude ingredients with possibly purer compounds, as mentioned later. Before giving the details on individual nutrient, I would like to summarize about the outline of utilization flow of various nutrients through the larval-pupal development and these daily quantitative requirements per body weight in the silkworm when they were reared on mulberry leaves.

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Effects of High Dietary Calcium and Fat Levels on the Performance, Intestinal pH, Body Composition and Size and Weight of Organs in Growing Chickens

  • Shafey, T.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.12 no.1
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    • pp.49-55
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    • 1999
  • The effect of fat supplementation of high calcium (Ca) diets on the performance, intestinal pH, body composition and size and weight of organs in growing chickens were investigated in two experiments. Growing chickens tolerated a high dietary level of Ca (22.5 vs 12.1 g/kg) in the presence of 6.3 g/kg of available phosphorus without any significant effect on performance. Intestinal pH was significantly increased by the addition of excess Ca and fat which probably created the right pH for the formation of insoluble Ca soaps. Excess dietary Ca increased carcass linoleic acid concentration at the expense of palmitic and stearic acid contents, whilst the addition of sunflower oil (80 g/kg diet) to the diet increased carcass linoleic acid concentration at the expense of palmitic acid content of the carcass. Intestinal and visceral organ size and weight were not influenced by excess Ca or fat. However, there was a non significant increase in the intestinal dry weight per unit of length caused by excess dietary Ca. It was concluded that excess dietary Ca of 22.5 g/kg did not significantly influence the performance of meat chickens. However, excess Ca increased intestinal pH and altered carcass fatty acid composition. Fat supplementation did not alter intestinal pH with high Ca diets. Excess dietary fat altered carcass fatty acid composition and reduced protein content. Intestinal and visceral organ size and weights were not influenced by excess dietary levels of Ca of fat.

The solid waste production status in HANARO (하나로의 고체 폐기물 발생 현황)

  • Kang, Tae-Jin;Hwang, Seung-Ryeol;Choi, Ho-Yeong;Lee, Mun
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2003.11a
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    • pp.130-134
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    • 2003
  • The quantity of solid waste produced during HANARO operation for the years from 1996 to 2002 has been investigated and the interrelation with the reactor power output has been analysed. The waste amount produced during this period was $69, 598{\ell}$ and the processing expense was 1, 878, 000 won. The waste amount and processing expense per reactor power output are $3.01{\ell}/MWD$ and 811 won/MWD, respectively. A dry equipment for the spent resin was developed and the spent resin volume has been reduced by about 40% by using it.

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A study on decreasing the liquid waste and the liquid waste production status in HANARO (하나로의 액체 폐기물 발생 현황 및 저감 대책)

  • 강태진;황승렬;최호영
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2003.11a
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    • pp.135-140
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    • 2003
  • The quantity of liquid waste produced during HANARO operation for the years from 1996 to 2002 has been investigated and the interrelation with the reactor power output has been analysed. The waste amount produced during this period was $263, 530{\ell}$ and the processing expense was 81, 690, 000 won. The waste amount and processing expense per reactor power output are $11.38{\ell}/MWD$ and 157 won/MWD, respectively. The waste has been reduced by improving repair work procedure and experiment process in the reactor hall.

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South Korean Demand for Tourism in North Korea and the Impact of their Expenses on the North Korean Regional Economy (한국인의 북한 관광의사와 북한 지역경제 효과)

  • Kim, Misuk;Seong, Taeyoung;Choi, Eunhee;Choi, Daesik
    • Land and Housing Review
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    • v.13 no.3
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    • pp.1-20
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    • 2022
  • This study analyses how much Korean visits to North Korea have an impact on the North Korean regional economy. It estimates the demand for North Korean tourism via the borders of North Korea, China, and Russia and South Korean expenses to be spent in North Korea. When asked if they are willing to visit North Korea within the next five years in case the pre-conditions of the visit to North Korea are satisfied, approximately 64.1% of the survey respondents indicated 'yes'. To estimate the demand, this research employed the analysis of purchase intention, popular in marketing, based on their willingness to visit. The annual demand for tourism was 4,136,361 persons. The average estimated expense per person is KRW 1,532,000 and the total annual expense is KRW 6,336.9 billion. Assuming that airfare is excluded from the total expense and the expense is made evenly in each tourist destination, the estimated amount to be spent in North Korea is KRW 2,838.7 billion per annum. The backward linkage effect of this expense on the North Korean regional economy is KRW 7,972.1 billion in total production inducement, KRW 2,619.4 billion in value-added inducement, and approximately 2,890,443 persons in employment inducement. The value-added inducement effect is estimated to be approximately 7.6% of the North Korean nominal GDP in 2020. South Korean tourism is expected to have a significant impact on the North Korean economy. As the demand for North Korean tourism is likely to increase steadily due to the expected increase in overseas travel demand by Koreans, inter-Korean cooperation is needed for the development of North Korean tourism infrastructure if conditions improve.

Optimization of the Distribution Plan and Multi-product Capacity using Genetic Algorithm (유전 알고리즘을 이용한 다 제품 생산용량 및 분배계획 최적화)

  • Cha, Youngcheol;Lee, Gapsoo;Lee, Jonghwan;Wie, Do-Yeong
    • Journal of Digital Convergence
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    • v.12 no.6
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    • pp.125-134
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    • 2014
  • Supply Chain Management(SCM) is getting important, because size of the company is getting bigger and the kinds of product are various. In the case of manufacturing corporation, for the optimization of SCM, we have to make production and distribution plan by considering the various fluctuation in the aspect of integration. In this paper, first, It proposed the reasonable operational way of the SCM about when the customer's demanding is various and demanding expectation fluctuates in capacity standardization of producer stage. Second, the paper proposed the management way for demanding by considering confirmed demanding information, related inventory expense and demanding shortage expense when we make production and distribution plan. The paper applied the genetic algorithm proved for current usefulness. it proposed the optimal operational way for SCM by dividing into 2 ways for dealing with the duration of confirmed demanding information and various fluctuation.

Production Method of FRP Boat Using Developable Surface without a Mould (외판 전개를 응용한 무형틀 FRP선박 건조방법)

  • Yang, Ji-Man;Ha, Yun-Sok;Kim, Hyo-Chul
    • Journal of the Society of Naval Architects of Korea
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    • v.42 no.5 s.143
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    • pp.506-515
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    • 2005
  • Novel ships are commonly required iterative hull form modifications until she get reputation for new marine environment. Small FRP boats are manufactured in a identical shape with a mould. It implies that every modification step requires great time and expense which makes it difficult to improve the hull form promptly. Domestic hull form of small fishing boat of force has been evolved from the traditional hull form of developable shape. Utilizing this typical developable characteristics of small boats, ,New mouldless production method for FRP boat has been suggested and it is confirmed that the method is recommendable for a petty order of hull in evolving period of hull form development.