• Title/Summary/Keyword: project profit

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Minimum Net profit Project Deleting Algorithm for Choice of Facility Expansion Projects Problem

  • Lee, Sang-Un
    • Journal of the Korea Society of Computer and Information
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    • v.21 no.5
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    • pp.161-166
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    • 2016
  • This paper suggests heuristic algorithm with O(m) linear time complexity for choice of expansion projects that can't be obtain the optimal solution using linear programming until now. This algorithm ascending sort of net profit for all projects. Then, we apply a simple method that deletes the project with minimum net profit until this result satisfies the carried over for n-years more than zero value. While this algorithm using simple rule, not the linear programing fails but the proposed algorithm can be get the optimal solution for experimental data.

Development Process of Activities about Urban and Rural Interchange and Its Characteristics for Making Continuous Profit in Underdeveloped Rural Village -The Case of Cheonjang-ri(Alps village), Mount Chilgab-Region in Comprehensive Rural Village Development Project- (낙후농촌의 지속적 수익 창출 위한 도농교류활동 개발 전개과정과 특징 -농촌마을종합개발사업 칠갑산권역 천장리(알프스마을)을 사례로-)

  • Kim, Du-Han
    • Journal of Korean Society of Rural Planning
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    • v.19 no.2
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    • pp.35-49
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    • 2013
  • The study area is Cheonjang-ri, also called Alps village, making continuous profit after performing Comprehensive Rural Village Development Projects. This study aims to determine the development process of activities about urban and rural interchange and its characteristics for making continuous profit by residents themselves. A focus on thinking about the process is necessary to make activities in order to achieve continuous profits in the underdeveloped rural village by residents themselves. As a result of this study, Alps village has developed new activities, improving problems which are encountered on the development process of activities. And, Alps village has developed new activities by linking them with previous activities. To improve problems, Alps village has made an effort by itself and cooperated with the subject, both inside and outside of the village. This way has been effective for increasing the number of visitors in village. Increasing the number of visitors in village has been effective in making a continuous profit. Also, continuing to make new activities in order to substitute previous activities including problems has been effective to increase profit.

A Study on the pattern and activating method of non-profit corporation (비영리 재단의 유형과 활성화 방안)

  • Lee, Jae-Ho
    • Management & Information Systems Review
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    • v.22
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    • pp.61-84
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    • 2007
  • This research aims to find the legal classification of non-profit corporation, to check the pattern of non-profit corporation, to examine thoroughly the present condition of non-profit corporation, and to make a good solution of the problems of non-profit corporation. The findings of this study about the present condition of non-profit corporation are as follows. First, there is an unclear understanding of non-profit corporation and an public fund, Second, a board of directors and a founder control an aim of non-profit corporation freely, Third, there is an unclear management of activity and accounts of non-profit corporation, forth, there is an vague mission of foundation, fifth, some of non-profit corporation supported social welfare project for marketing strategy. and the last non-profit corporation made an competition unnecessarily. On the basis of study result, the researcher make some suggestion for an revitalizing of non-profit corporation. First, it is very important of making a clear mission to manage the non-profit corporation. Second, there is an autonomy and neutrality of non-profit corporation. Third, we make an irrational law better, forth, we make a settled the donation culture. and the last it is necessary of make an foundation for international society.

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A Study on the Development Profit from the Redevelopment Area of New Town Project by Developing Agencies - In Case of the Gilreum Newtown 2, 4 District in Seoul - (뉴타운사업 내 재개발구역의 주체별 개발이익 비교 분석 - 길음 뉴타운 2, 4구역을 중심으로 -)

  • Kim, Ah-Leum;Koo, Ja-Hoon;Kim, Hyun-Jin
    • Journal of the Korean housing association
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    • v.20 no.5
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    • pp.103-112
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    • 2009
  • This New-Town Project has been proposed to improve the environments of deprived residential areas. This paper investigates the distribution levels of the participating parties' monetary surpluses from New-Town Projects through a case study and tentatively suggests political issues and measures. The methodology followed includes a thorough survey of the precedent theories, including a literature review concerning issues and tasks that have been raised since the development was initiated. A general assessment of the complete project is also provided with a broad perspective of the background settings. Secondly, the case study of Gil-Eum will be the focus for identifying the mechanism for the project's profit distribution levels, then for constructing a set of measuring procedures according to the stages of the project and the participating parties. This set of procedures that has been drawn out from recognizing the system, is applied to the target project and measures the amount of profit gained from each stage of the development. This also aids in collating information about the procedural arguments concerning the financial gains of the operations that have been provided. This project falls under the 'Urban and Residential Environment Improvement Act', and based on the results of each stage, the measurement of the profits of the participating parties is analyzed.

Effect of the Orchard Scale Improvement Project on Farm Profitability - Focusing on Apple - (과원 규모화 사업이 농가 수익성에 미치는 영향 - 사과를 중심으로 -)

  • Kim, Se-Hyuk;Lim, Cheong-Ryong;Kim, Tae-Kyun
    • Journal of Korean Society of Rural Planning
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    • v.30 no.1
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    • pp.99-106
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    • 2024
  • The purpose of this study is to analyze how the orchard scale improvement project affects the profits of apple farmers. For this purpose, the variable profit function of Apple was estimated using seemingly unrelated regression analysis. For the analysis, raw data from the Rural Development Administration's Agricultural Income Survey from 2015 to 2021 were used. Of the 1,009 apple farms, 95 farms participated in the orchard scale improvement project and 914 farms did not participate. The results show that the profits of farms participating in the project were found to be higher than those of non-participating farms, and as the cultivation area increased, profits tended to increase and then decrease. The results also indicated that below a certain size (19,462m2), the profits from project participation appear to be lower. The results of this study can provide useful information to the establishment of government policies and apple farmers who want to participate in the orchard scale improvement project.

An Empirical Analysis of the Valley of Death: Large-scale R&D Project Performance in a Japanese Diversified Company

  • Osawa Yoshitaka;Miyazaki Kumiko
    • Journal of Technology Innovation
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    • v.14 no.2
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    • pp.93-116
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    • 2006
  • The purpose of this study is to contribute reference material that provides insight into innovative process management that increases R&D output in commercializing new products. A model of a process from research to commercialization with the cumulative profit and loss curve is put forward and hypotheses related to success and failure are developed at the stages up to product launch. Seventeen large projects that have resulted in successful product launches have been examined from the initial research stage to commercialization. Prefect duration, standardized cumulative R&D expenditures and research resource concentration are analyzed in terms of statistical method and patterns in cumulative profit and loss curves after product sales, as well as the reasons for and other aspects of success/failure are investigated and analyzed. Consequently, valuable information on future management tasks has been obtained such as: (1) project duration differs depending on market sectors, product types and presence/absence of materials research (2) cumulative profit and loss curves can be categorized into four patterns (3) reasons for failure can be divided into technological and market problem categories and (4) these factors have an impact on product sales.

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A STUDY ON CONSTRUCTION SCHEDULE OPTIMIZATION INTEGRATING WITH CASH-FLOW

  • Hyung-Guk Lee;Dong-Pil Shin;Sung-Hoon An;Dong-Eun Lee
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.141-144
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    • 2013
  • This paper presents a system called a Cash-flow based Construction Schedule Optimization system(CfSO). The existing CPM effectively handles schedule and cost management. However, funding strategy should be considered to obtain maximum profit and to progress a project favorably. One of measures is to coordinate the contract terms between owner and subcontractors (or suppliers). Contractor may decrease the interest cost attributed to project financing by adjusting the timing of cash-inflows and cash-outflows. It is an excellent method maximizing profits. This paper presents a method to estimate the amount of a cash-flow occurred periodically by integrating the terms of contract into scheduling. The proposed method is implemented as a system prototype in Microsoft Excel. This system provides a user an automated tool that identifies an optimal schedule that secures maximum profit by adjusting start and finish times of non-critical activities' free-floats without affecting on the project completion time. This system supports a project manager to establish an optimum project schedule and identifies profitable contractual conditions against to a construction owner.

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Case Studies on Preparing a Business Plan for the Foundation of Food Service Business and Analysis of Investing Economy. (외식사업 신규창업을 위한 사업계획서 작성방법 사례와 투자경제성 분석에 관한 연구)

  • 홍기운
    • Culinary science and hospitality research
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    • v.3
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    • pp.385-421
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    • 1997
  • This study was performed as placing stress on business plan preparation and investing economy analysis centered to cases upon presenting the premises of study for new foundation of food service business. The summarized results are as follows: 1. In the aspect of carrying out process of practical project, establishing the promotion strategy, the facility project program, the menu program, the facility and furniture program, organization & manning schedule, the business operation schedule, review of all laws & provisions and the allout promotion schedule in order were deployed. 2. Analysis of investing economy for review of profitability 1) In case of investment, excluding 600million for the real setate lease among the total investment of 1billion, it was required by 161, 235, 000 for interior project, 161, 110, 000 for facility & equipment, 19, 235, 000 for fittings, 27, 600, 000 for menu plate & uniform, 27, 600, 000 for furniture, 13, 800, 000 for sign article. 2) In case of loss & profit presumed the annual turnover is to be 1, 115, 856, 000 the contigent profit(before tax) is to be 148, 966, 000 which is 13.3% in comparson to the sales amount and the net profit(after tax) for this term s to be 104, 276, 000 which is 9.3% against the sales and the profitable ratio to the equity investment( 500 million) is 20.9% and it satisfies 20% of the premises of study. 3) In case of the payback period will be approximately two(2) years which indicated within three(3) years that is standard of new project evaluation term of ordinary enterprise. 4) In case of internal rate of return it will be 21.5% which is favorable profitability as taking into account of 15% that is standard of new project evaluation by ordinary enterprise based on general downtown money interest. That the investing value of Happy Day profitability is hinted as it is sufficient enough as the case under this study based upon such results and considered that securing supremacy is competitive power in case of commitment will be possible.

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The Derivation of a Model to Estimate Compensation for Damages in Chartered Fisheries by Using CVP Analysis (CVP 분석을 이용한 면허어업 손실보상액 평가 모형의 도출)

  • 정형찬
    • The Journal of Fisheries Business Administration
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    • v.31 no.2
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    • pp.133-153
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    • 2000
  • During the last several decades, Korea has been regarded as one of the fastest growing economies in the world. However, the small size of national land has not met the vigorous demand for land necessary to develop economic infra-structures such as large-scale harbors airports and highways. In order to satisfy the growing demand for land, the Korean government and industry have implemented the national land development programs to reclaim land from the sea fur the several decades. It is certain that these land development programs have resulted in a lot of property disputes between fishermen and public project administrators. This paper is to develop a quantitative model to estimate compensation for damages or restriction of charted fisheries resulting from large-scale public projects. In this paper, the compensation model is derived by using cost-volume-profit analysis framework because the compensation for charted fisheries basically depends on the factors such as the costs, production volume, profit of charted fisheries damaged or restricted by public projects. The model shows that the compensation for damages or restriction of charted fisheries is determined by the average annual profit, damage duration period, and the degree of fishery damages. In addition, the degree of fishery damages measured by the ratio of lost profit to annual average profit turns out to be determined by the following factors: annul profit, unit variable cost, decrease in production volume, the rate of increase in variable cost, and a change in fixed cost. Furthermore, this parer discusses the nam issues related to practices and regulation of the compensation for fishery damages in the current Fishery Act of Korea and suggests some appraisal methods which will be able to lead to theoretically correct and fair compensation for fisheries damages resulting from large-scale public projects.

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A New Definition of an IRR (내부수익률의 새로운 정의)

  • Jin Wook Kim;Hyun joo Lee;Dong Soo Cha
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.9-18
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    • 2002
  • A capital investment problem is essentially one of determining whether the anticipated cash Inflows from a proposed project are sufficiently attractive to invest funds in the project. The net present value(NPV) criterion and internal rate of return(IRR) criterion are widely used as means of making investment decisions. A positive NPV means the equivalent worth of the inflows is greater than the equivalent worth of outflows, so, the project makes profit. Business people are familiar with rates of return because they all borrow money to finance ventures, even If the money they borrow is their own. Thus they are apt to use the IRR in preference to the NPV. The IRR can be defined as the discount rate that causes the net present value of a cash flow to equal zero. Why the project are accepted if the project's IRR is greater than the investor's minimum attractive rate of return. Against the NPV, the definition cannot distinctly explain the concept of the IRR as decision criterion. We present a new definition of the IRR as the ratio of profit on the invested capital.

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