• Title/Summary/Keyword: Cost-effect

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Analysis on effect of Transmission Pricing to Gencos (송전비용 산정방법이 Genco에 미치는 영향 평가)

  • Kim Kang Won;Chung Koo Hyung;Han Sock Man;Kim Bal Ho
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.689-691
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    • 2004
  • Transmission Pricing is the factor of giving locational signal when Genco decides the generation expansion schedule. Therefore, TR-Pricing is influenced to generation expansion schedule. TR-Pricing is composed of three element, loss-cost and congestion-cost and equipment-cost. The main target of this paper is to analyze TR-Pricing's(especially loss-cost) inpact to generation expansion schedule. Then, this paper make a optimal counterproposal to decide the generation expansion schedule.

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A development of map building sensor system for mobile robot using low cost photo sensor

  • Hyun, Woong-Keun
    • Journal of information and communication convergence engineering
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    • v.7 no.3
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    • pp.281-285
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    • 2009
  • Mobile robot has various sensors for describing the external world. The ultrasonic sensor widely applied to the most mobile robot to detect the obstacle and environment owing to low cost, its easy to use. However, ultrasonic sensor has major problems: the uncertainty information of sensor, false readings caused by specular reflection, multi path effect, low angular resolution and sensitivity to changes in temperature and humidity. This paper describes a sensor system for map building of mobile robot. It was made of low cost PSD (Position Sensitive Detector) sensor array and high speed RISC MPU. PSD sensor is cost effective and light weighting but its output signal has many noises. We propose heuristic S/W filter to effectively remove these noises. The developed map building sensor system was equipped on a mobile robot and was compared with ultrasonic sensor through field test.

For capital investment "cost-benefit analysis," Study on the Possibility of the Utilization (자본투자를 위한 "비용.편익분석"의 활용 가능성에 관한연구)

  • Jeong, Jae-Jeong;Yang, Gwang-Mo;Gang, Gyeong-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2013.11a
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    • pp.99-104
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    • 2013
  • 비용편익분석은 어떤 사업으로 인하여 자연배분의 변화가 생길 때 그에 따른 경제적 편익을 측정하게 되며 사업을 시행하여 생기는 편익과 비용을 비교하여 경제성을 평가하고 대안 중에서 우선순위를 결정할 때 유용하다. 따라서, 본 논문은 자본에 관한 투자기준을 마련하기 위해서 분석용 모델인 "비용편익분석"을 활용 하여 제조기업의 어떤 사업계획에 의하여 생겨나는 자본요소가 어떻게 투자되어야 생산비용을 최소화 할 수 있는지를 자본투자에서 가장 핵심적인 생산설비투자와 기술개발투자에 대한 비용편익분석을 통하여 그 방법론을 제시함으로써, 자본투자에 있어서 "비용효과분석"의 활용성을 확인하고자 한다.

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On the Optimality of (s, S) Inventory Policy with Loss Cost (손실비용을 고려한 (s, S) 재고정책)

  • 최진영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.61-67
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    • 1995
  • Through the model presented in this paper, we study on the depletion of stock taking place due to random loss of items as well as random demand, under the assumption that the distributions of demand are independent of those of loss, and both of them are identical, and that life time distribution of each item is negative exponential. The steady state probability distribution of the stock level assuming instantaneous delivery of order under (s, S) inventory policy. Also we have derived total expected cost expression with loss cost. The results of sensitive analysis show that the effect of loss rate is substantial on the total cost and optimal value of inventory level.

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Life-Cycle Cost Optimization for Steel Box Girder Bridges (강상자형교의 생애주기비용 최적설계)

  • 조효남;민대홍;권우성;정기영
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2001.04a
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    • pp.128-136
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    • 2001
  • This paper presents an optimum deck and girder system design for minimizing the life-cycle cost (LU) of steel box girder bridges. The problem of optimum LCC design of steel box girder bridges is formulated as that of minimization of the expected total LCC that consists of initial cost, maintenance cost, expected retrofit costs for strength, deflection, and crack. To demonstrate the effect of LCC optimum design of steel box girder bridges, the LCC optimum design is compared with conventional design method for steel box girder bridges design. From the numerical investigations, it may be positively stated that the optimum design of steel box girder bridges based on LCC will lead to more rational, economical and safer design.

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The cost efficiency analysis of Korean life insurance companies by data envelopment analysis

  • Kang, Jungchul
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.6
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    • pp.1523-1535
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    • 2015
  • We investigate the effect of introduction of the bancassurance system on cost efficiency in the Korean insurance industry between 1997 and 2012. Our estimation results indicate that introduction of this system contributed positively to efficiency of life insurance companies in Korea. Increase in a one standard deviation of bancassurance increases cost efficiency by 0.08 which is equivalent to 12 percent of mean cost efficiency. Recognising that the bancassurance system is a relatively new concept, our results indicate that the bancassurance system can be a policy measure to improve productivity in an emerging insurance market. The results illustrate that positive effects have accrued particularly to medium-sized companies and domestic companies, contrary to the prevailing perception that increased competition through bancassurance is more beneficial to large companies and foreign companies.

A Study on the Cost-Volume-Profit Analysis Adjusted for Learning Curve (C.V.P. 분석에 있어서 학습곡선의 적용에 관한 연구)

  • 연경화
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.5 no.6
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    • pp.69-78
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    • 1982
  • Traditional CVP (Cost-Volume-Profit) analysis employs linear cost and revenue functions within some specified time period and range of operations. Therefore CVP analysis is assumption of constant labor productivity. The use of linear cost functions implicity assumes, among other things, that firm's labor force is either a homogenous group or a collection homogenous subgroups in a constant mix, and that total production changes in a linear fashion through appropriate increase or decrease of seemingly interchangeable labor unit. But productivity rates in many firms are known to change with additional manufacturing experience in employee skill. Learning curve is intended to subsume the effects of all these resources of productivity. This learning phenomenon is quantifiable in the form of a learning curve, or manufacturing progress function. The purpose d this study is to show how alternative assumptions regarding a firm's labor force may be utilize by integrating conventional CVP analysis with learning curve theory, Explicit consideration of the effect of learning should substantially enrich CVP analysis and improve its use as a tool for planning and control of industry.

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A Study on the Validity of Government Cloud SaaS Service Migration using TCO Approach (TCO 접근방법을 통한 정부클라우드 SaaS 서비스 전환의 타당성에 관한 연구)

  • Yoon, Seong-Jeong;Kim, In-Hwan;Seo, Jung Wook;Kim, Min-Yong
    • Journal of Information Technology Services
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    • v.11 no.4
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    • pp.215-231
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    • 2012
  • It is well known that SaaS(Software as a Service) changeover gives several advantages to organization. One of the advantages is the cost reduction effect of IT resources as well as IT human resources. Another one is the curtailment of software development workload in the field of informatization promotions. Nonetheless, it is hard to find comparison cases regarding the quantitative measurement of the introduction of SaaS before and after. Accordingly, when the Government IDC tries to adopt SaaS, it absolutely needs the empirical study whether SaaS is cost-effectiveness or not. In this study, we focus on variation in the Government administration common tasks, processes and labor costs. Using the Man-Month(MM) estimation methods, We verify that how much TCO(Total Cost of Ownership) is reduced per year.

Risk-based optimum repair planning of corroded reinforced concrete structures

  • Nepal, Jaya;Chen, Hua-Peng
    • Structural Monitoring and Maintenance
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    • v.2 no.2
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    • pp.133-143
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    • 2015
  • Civil engineering infrastructure is aging and requires cost-effective maintenance strategies to enable infrastructure systems operate reliably and sustainably. This paper presents an approach for determining risk-cost balanced repair strategy of corrosion damaged reinforced concrete structures with consideration of uncertainty in structural resistance deterioration. On the basis of analytical models of cover concrete cracking evolution and bond strength degradation due to reinforcement corrosion, the effect of reinforcement corrosion on residual load carrying capacity of corroded reinforced concrete structures is investigated. A stochastic deterioration model based on gamma process is adopted to evaluate the probability of failure of structural bearing capacity over the lifetime. Optimal repair planning and maintenance strategies during the service life are determined by balancing the cost for maintenance and the risk of structural failure. The method proposed in this study is then demonstrated by numerical investigations for a concrete structure subjected to reinforcement corrosion. The obtained results show that the proposed method can provide a risk cost optimised repair schedule during the service life of corroded concrete structures.

Project Scheduling Problem with Resource Constraints Minimizing Cost (자원비용을 고려한 프로젝트 스케듈링에 관한 연구)

  • 서순근;최종덕
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.14 no.23
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    • pp.19-25
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    • 1991
  • In this paper, constrained resource project scheduling problems schedule project activities subject to finite constraints on the availability of non-storable resource. Further, resources are assumed to be available per period in constant amounts, and are also demanded by an activity in constant amounts throughout the duration of the activity. We describe formulation which minimizes the combined cost of fluctuations in resource demand and delay of project completion. Cost bounding procedures are augmented by dominance relationships presented as theorems. This paper presents algorithm for solving the problem. And numerical examples are presented. Sensitivity analysis to evaluate the effect of changes of cost efficients is conducted.

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