• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.11a
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• pp.60-61
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• 2015

In recent years, the accidents in construction projects are continuously increasing due to their complexity and variety. However, few studies have been conducted regarding the risk prediction model and the database of risk assessment in construction projects. To address of these issues, the objective of this study is to analyze the accident causes by using insured claim payouts of insurance companies. First, the descriptive analysis of accidents causes is conducted according to scheduling rate, season, and total construction costs. Second, the correlation analysis is conducted between accidents causes and total construction costs. In the future, the risk assessment model can be developed to quantify the accident causes in construction projects to estimate claim payouts of insurance companies.

• Proceedings of the Korean Geotechical Society Conference
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• 2009.03a
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• pp.1076-1085
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• 2009

Recent heavy rains and typhoons broke down road slopes, which caused a hazard to safety. As a result, interests in the effective investment for disaster prevention is increasing. Measures of investigation method for slope have been taken, but the financial costs have never been analysed. This study applied the cost-benefit analysis theory used in public economics to the evaluation of the financial reasonability of management for slope. By applying cost-benefit analysis to road slope investigation method, the reduction of safety costs and resulting financial benefits can be seen and it also clarifies the reasonability and investment effects of slope management.

• Korean Journal of Construction Engineering and Management
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• v.17 no.2
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• pp.31-38
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• 2016

In a construction project, the portion for maintenance costs for a building is considerable compared to the initial construction cost. As such, Life Cycle Cost (LCC) analysis is being increasingly utilized to assess the design value of engineering work in Korea. Additionally, the Public Procurement Service in Korea announced that it will be mandatory for all domestic construction projects to adopt BIM. Furthermore, the paradigm for architectural design has shifted from 2D to 3D, and to BIM, which includes a data management system. Within this background, however, there is currently no adequate BIM-based LCC analysis software and the requirements of cost estimation for repair and replacement cost for a building is not completely adequate in BIM tools such as Revit and Archicad. Therefore, this study suggests a process of cost estimation for repair and replacement (R&R) cost based on IFC data. First, we analyzed existing R&R criteria and defined BIM-based requirements when calculating R&R costs. These requirements were extracted from relevant IFC data. Subsequently, this was saved to a database and a BIM-based database was built for R&R cost estimation. Finally, this database was connected with external databases such as R&R Criteria DB and Cost Information DB to calculate R&R costs. This process is expected to improve upon the traditional process of cost estimation of R&R cost by applying a BIM model. The proposed process can contribute to a further standardizing of BIM-based LCC analysis thru application to initial construction costs, energy costs, and other maintenance costs.

• Environmental and Resource Economics Review
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• v.21 no.3
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• pp.743-776
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• 2012

This study utilizes the meta-analysis for the benefits transfer (MA-BT) approach to measure social costs the 7 target sites in the City and County of Honolulu. The estimated MA models (MA-1 and MA-1) were evaluated in terms of validity and reliability criteria. This study utilized a parametric t-test and a non-parametric sign rank test for checking validity. A transfer error measured by an absolute percentage difference was utilized to check reliability their similarity. The GIS was utilized for data collection in order to measure social costs for each target site. The results clearly demonstrated that social costs were substantially higher thant direct costs and varied market conditions and different methods used. In terms of validity and reliability criteria, MA models were preferred to the mean transfer value approach. MA-BT approach is desirable for measuring social costs for a project designed to measure social costs for these 7 proposed landfill sites with inaccessible data, on short time frames, and with little money. If researchers and planners have enough time and money, they can implement primary research. If not, the meta-analysis for the benefits transfer approach can be much better than no framework. The use of a GIS can help to identify secondary data within a specific radius of each target site.

• Quality Improvement in Health Care
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• v.30 no.1
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• pp.120-131
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• 2024

Purpose: This study aimed to evaluate the impact of implementing a clinical pathways (CPs) on the clinical outcomes and costs of patients undergoing breast cancer surgery. Methods: This retrospective cohort study included patients who were newly diagnosed with primary breast cancer at the Samsung Medical Center between 2014 and 2019 (N=8482; 2931 patients in the pre-path and 5551 patients in the post-path). Clinical outcomes included reoperation during hospitalization, readmission, and emergency room visits within 30 days of discharge. The cost data for each unit were obtained from an activity-based management accounting system. We performed an interrupted time series analysis. Results: The post-path period showed a significantly shorter hospital length of stay (LOS) than the pre-path period (6.3 days in pre-path vs. 5.0 days in post-path; -1.3 days' difference; p=.001), and fewer reoperations during hospitalization and within 30 days after discharge than the pre-path period. After adjusting for inflation rates and relative value scores, the model demonstrated savings of $146 per patient in the post-path for total costs, and $537 per patient for patient out-of-pocket costs (p=.001). Conclusion: CPs can help reduce costs without compromising the quality of care by reducing the number of reoperations, readmissions, and complications.

• The Journal of the Institute of Internet, Broadcasting and Communication
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• v.15 no.3
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• pp.131-136
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• 2015

The feasibility study is an evaluation and analysis of the potential of a proposed project. It is based on extensive investigation and research to support the process of decision making. A systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints. Economic analysis takes into account the opportunity costs of resources employed and attempts to measure in monetary terms the private and social costs and benefits of a project to the community or economy. Cost-benefit analysis (CBA), sometimes called benefit-cost analysis (BCA), is a systematic approach to estimating the strengths and weaknesses of alternatives that satisfy transactions, activities or functional requirements for a business. It is a technique that is used to determine options that provide the best approach for the adoption and practice in terms of benefits in labor, time and cost savings etc. The CBA is also defined as a systematic process for calculating and comparing benefits and costs of a project, decision or government policy and projects.

• Asian Pacific Journal of Cancer Prevention
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• v.16 no.3
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• pp.1295-1301
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• 2015

Background: Cancer imposes a significant economic burden on individuals, families and society. The purpose of this study was to estimate the economic burden of cancer using the healthcare claims and cancer registry data in Korea in 2009. Materials and Methods: The economic burden of cancer was estimated using the prevalence data where patients were identified in the Korean Central Cancer Registry. We estimated the medical, non-medical, morbidity and mortality cost due to lost productivity. Medical costs were calculated using the healthcare claims data obtained from the Korean National Health Insurance (KNHI) Corporation. Non-medical costs included the cost of transportation to visit health providers, costs associated with caregiving for cancer patients, and costs for complementary and alternative medicine (CAM). Data acquired from the Korean National Statistics Office and Ministry of Labor were used to calculate the life expectancy at the time of death, age- and gender-specific wages on average, adjusted for unemployment and labor force participation rate. Sensitivity analysis was performed to derive the current value of foregone future earnings due to premature death, discounted at 3% and 5%. Results: In 2009, estimated total economic cost of cancer amounted to $17.3 billion at a 3% discount rate. Medical care accounted for 28.3% of total costs, followed by non-medical (17.2%), morbidity (24.2%) and mortality (30.3%) costs. Conclusions: Given that the direct medical cost sharply increased over the last decade, we must strive to construct a sustainable health care system that provides better care while lowering the cost. In addition, a comprehensive cancer survivorship policy aimed at lower caregiving cost and higher rate of return to work has become more important than previously considered.

• Journal of Environmental Health Sciences
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• v.42 no.5
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• pp.324-332
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• 2016

Objectives: The annual average of PM10 in Seoul was $45{\mu}/m^3$, which surpasses the WHO annual guidelines ($20{\mu}/m^3$). Most previous analyses of the effects of PM exposure have been retrospective studies using single hospital data, and fewer studies have attempted to address the relationship of PM10 and hospital costs. This study was conducted to investigate the effects of the concentration of PM10 on hospital visits, admissions and hospital costs in patients with respiratory and cardiovascular diseases. Methods: Medical data from the National Health Insurance Service and the monthly average of PM10 from National Institute of Environmental Research were used to identify the effects of PM10 on hospital visits, admissions and hospital costs. We applied Poisson regression and linear regression to perform the analysis. Results: The relative risks for admissions per $10{\mu}/m^3$ increase in PM10 were 23.11%, 10.2% and 6.9% increases for acute bronchiolitis, asthma and bronchitis, respectively. The relative risk for hospital visits per $10{\mu}/m^3$ increase in PM10 were 10.4%, 6.7% and 5.9% for chronic obstructive pulmonary disease, asthma and chronic sinusitis, respectively. For cardiovascular disease, the relative risk for admissions per $10{\mu}/m^3$ increase in PM10 were 2.2% and 2.1% increases in angina and acute myocardial infarction, respectively. A $10{\mu}/m^3$ increase in the monthly average of PM10 corresponded to 170,723,000 won (95% CI: 125,587,000-215,860,000 won), 123,636,000 won (95% CI: 47,784,000-199,487,000 won) and 78,571,000 won (95% CI: 29,062,000-128,081,000 won) increases in hospital costs for asthma, acute tonsillitis and chronic sinusitis, respectively. Conclusion: Hospital admissions for respiratory and cardiovascular disease were associated with PM10 levels. PM10 exposure is also associated with increased costs for respiratory diseases.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.15-25
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• 2016

SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

• The Journal of the Korea Contents Association
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• v.16 no.9
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• pp.376-385
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• 2016

The purpose of this study is to establish the basis of cash wages calculation of the extra cost for the local characteristics by analyzing the local differences of the extra costs of households with the disabled. It was analyzed by comparing the average population by combining the '2011 Survey on disability' and the '2011 municipal budget with disabilities' to analyze the local difference of the extra costs. The highest region of the extra costs was Incheon, and the highest region of the extra cost preservation was Seoul. The highest region of the disabled budget rate was Daejeon, and the highest region of the disabled per capita budget was Jeju. According to a independent two sample t-test, the disabled budget rate and per capita budget of the highest regions of the extra cost preservation were higher than the lowest regions of the extra cost preservation. With policy proposals first, the increase in cash wages of the extra cost for the local characteristics second, the increase the disabled budget and per capita budget of the local governments third, the plan for a decrease of the extra costs according to the extra cost items of local.