• Title/Summary/Keyword: Costs analysis

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An Analysis of Safety Control Effectiveness in Construction (건설업 안전관리 효과분석에 관한 실증적 연구)

  • 갈원모;손기상;채준석
    • Journal of the Korean Society of Safety
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    • v.11 no.1
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    • pp.121-128
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    • 1996
  • Estimating the cost of injuries and "accidents" to an organization is very important to figure out about how much well each organization has run his company and how much efficiently he has got the results using a certain amount of the expense for safety. Despite the potential usefulness to management of information as to the cost of a company's "accidents", it is not customary accounting practice to make these data available. Of the two general kinds of costs forced on a company by its occupational injuries and "accidents", the insurance cost and uninsured cost, -the former is by far the easier to find out. But actually, this uninsured cost should be figured out at each company. Authors have designed the generalized model to figure out the above problem costs to establish its efficient safety control. One construction company has been a pilot for this study. It is found that efficient safety control cost should be 1.2%~l.3% of total selling amount by analyzing actual data for three years.g actual data for three years.

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A Study of the Number of Distribution Channel Levels for the Road Transportation Systems

  • Kang, Kyung-Woo
    • Proceedings of the KOR-KST Conference
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    • 1998.09a
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    • pp.91-99
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    • 1998
  • Generally, the tons lifted and ton-kilometers are widely used to analyze the road freight transport. However, these two indicators are simply to show the road freight transport statistics rather than to explain the road freight transportation systems. In this study, the variables such as the number of distribution channel levels, the integral distance, tons in transport and the average transport distance are defined and estimated to investigate the road freight transport system of Korea. In order to compare the road transport system of Korea to other countries, the comparative study was conducted including USA, Japan, Holland and Taiwan. The major findings of this study are as follows; i) The number of distribution channel levels and integral distance of Korea and Taiwan have been increased, but the average transport distance decreased from 1971 to 1996 period. ii) On the contrary to Korea case, the number of distribution channel levels and integral distance of US, Japan and Holland have been decreased, but the average transport distance increased. iii) In the time-series model analysis shows that the number of distribution channel levels are statistically positively closely related to the logistics costs and the costs of transportation as a percentage of GDP.

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Fuel Conversion to Renewable Energy Analysis of the Impact on the Horticulture in the Agricultural Sector -Mainly Wood Pellets- (농업부문에서 신재생에너지로의 연료전환이 시설원예에 미치는 영향 분석 -목재펠릿을 중심으로-)

  • Yoon, Sung-Yee;Kim, Tae-Hoon
    • Korean Journal of Organic Agriculture
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    • v.22 no.4
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    • pp.531-547
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    • 2014
  • This study analyzed the effect of Greenhouse of wood pellet fuel conversing from Diesel. Analyzed through a life cycle assessment of greenhouse gas emissions of carbon dioxide for the environmental assessment, In evaluation of the Ministry of the Environment, analyzed through the life cycle assessment of carbon dioxide emissions of the greenhouse gas and, In the case of economic evaluation, we analyzed the investment payback period to the total revenue generated by each of the calculated incentive based on the RHI and institutions reduction projects a reduction of costs associated with the reduction of fuel costs.

Analysis of Logistics Effects in Enterprises by the Medium of Standardization of Packing Containers (포장용기 표준화를 통한 기업 내(內) 물류효과 분석)

  • Won, You-Jon;Kim, Jin-Ho;Kim, Dong-Kyu
    • Journal of the Korea Safety Management & Science
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    • v.14 no.4
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    • pp.193-203
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    • 2012
  • In the limitless competition era of the 21st century, cost reduction is being highlighted as one of survival strategies of businesses. The first item for cost reduction of businesses is logistical costs. The most keenly required thing for this is to remove unnecessary elements, and the best way to realize it to cut down processes using automatic facilities. Packing container in logistics is like a facility. This study is intended to analyze reduction of costs, improvement of business process and reduction of working force through standardization of standardization, and logistics effects through improvement of environmental images in enterprises.

Highly Accurate Approximate Multiplier using Heterogeneous Inexact 4-2 Compressors for Error-resilient Applications

  • Lee, Jaewoo;Kim, HyunJin
    • IEMEK Journal of Embedded Systems and Applications
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    • v.16 no.5
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    • pp.233-240
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    • 2021
  • We propose a novel, highly accurate approximate multiplier using different types of inexact 4-2 compressors. The importance of low hardware costs leads us to develop approximate multiplication for error-resilient applications. Several rules are developed when selecting a topology for designing the proposed multiplier. Our highly accurate multiplier design considers the different error characteristics of adopted compressors, which achieves a good error distribution, including a low relative error of 0.02% in the 8-bit multiplication. Our analysis shows that the proposed multiplier significantly reduces power consumption and area by 45% and 26%, compared with the exact multiplier. Notably, a trade-off relationship between error characteristics and hardware costs can be achieved when considering those of existing highly accurate approximate multipliers. In the image blending, edge detection and image sharpening applications, the proposed 8-bit approximate multiplier shows better performance in terms of image quality metrics compared with other highly accurate approximate multipliers.

An Optimal Design Procedure based on the Safety Integrity Level for Safety-related Systems

  • Kim, Sung Kyu;Kim, Yong Soo
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.12
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    • pp.6079-6097
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    • 2018
  • Safety-related systems (SRSs) has widely used in shipbuilding and power generation to prevent fatal accidents and to protect life and property. Thus, SRS performance is a high priority. The safety integrity level (SIL) is the relative performance level of an SRS with regard to its ability to operate reliably in a safe manner. In this article, we proposed an optimal design procedure to achieve the targeted SIL of SRSs. In addition, a more efficient failure mode and effects diagnostic analysis (FMEDA) process and optimization model were developed to improve cost efficiency. Based on previous IEC 61508 diagnostic analyses that revealed unnecessary costs associated with excessive reliability, the new approach consists of two phases: (i) SIL evaluation by FMEDA, and (ii) solution optimization for achieving the target SIL with minimal cost using integer-programming models. The proposed procedure meets the required safety level and minimizes system costs. A case study involving a gas-detection SRS was conducted to demonstrate the effectiveness of the new procedure.

An Empirical Performance Analysis on Hadoop via Optimizing the Network Heartbeat Period

  • Lee, Jaehwan;Choi, June;Roh, Hongchan;Shin, Ji Sun
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.12 no.11
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    • pp.5252-5268
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    • 2018
  • To support a large-scale Hadoop cluster, Hadoop heartbeat messages are designed to deliver the significant messages, including task scheduling and completion messages, via piggybacking to reduce the number of messages received by the NameNode. Although Hadoop is designed and optimized for high-throughput computing via batch processing, the real-time processing of large amounts of data in Hadoop is increasingly important. This paper evaluates Hadoop's performance and costs when the heartbeat period is controlled to support latency sensitive applications. Through an empirical study based on Hadoop 2.0 (YARN) architecture, we improve Hadoop's I/O performance as well as application performance by up to 13 percent compared to the default configuration. We offer a guideline that predicts the performance, costs and limitations of the total system by controlling the heartbeat period using simple equations. We show that Hive performance can be improved by tuning Hadoop's heartbeat periods through extensive experiments.

Welfare Impacts of Behavior-Based Price Discrimination with Asymmetric Firms

  • Chung, Hoe-Sang
    • Asia-Pacific Journal of Business
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    • v.11 no.1
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    • pp.17-26
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    • 2020
  • Purpose - This paper studies the welfare impacts of behavior-based price discrimination (BBPD) when firms are asymmetric in quality improvement costs. Design/methodology/approach - To this end, we consider a differentiated duopoly model with an inherited market share, where firms first make quality decisions and then compete in prices according to the pricing scheme, namely, uniform pricing or BBPD. Findings - We show that BBPD increases social welfare relative to uniform pricing if the firms' cost gap is large enough. This is because BBPD induces more consumers to buy a high-quality product than under uniform pricing, and because a low-cost firm's profit loss from BBPD decreases as the cost difference increases. Research implications or Originality - Our analysis offers policy implications for markets where BBPD raises antitrust concerns, and quality competition prevails.

Optimizing the Exhaustion of Inventory for Design Changes: Focusing on Concrete Pump Truck Outrigger Process (설계변경 재고 소진 최적화: E사(社) 펌프카 아우트리거 공정 중심으로)

  • Chan-Woong Park
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.4
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    • pp.174-179
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    • 2022
  • Companies are making design changes by improving product quality and function to succeed while meeting customer requirements continuously. Design changes are changing the product BOM's amount, item, specification, and shape while causing a change in the product's structure. At this time, the problem of inventory exhaustion of parts before design change is a big topic. If the inventory exhaustion fails, the pieces before the design change become unused and are discarded, resulting in a decrease in asset value, and the quality cost of the design change affects the company's profits. Therefore, it is necessary to decide to minimize quality costs while minimizing waste inventory costs at the time of application of design changes. According to the analysis, priorities should be prioritized according to urgency because the quantity of items before the design change affects the applied lead time.

Cost Effectiveness Analysis of Different Management Strategies between Best Supportive Care and Second-line Chemotherapy for Platinum-resistant or Refractory Ovarian Cancer

  • Luealon, Phanida;Khempech, Nipon;Vasuratna, Apichai;Hanvoravongchai, Piya;Havanond, Piyalamporn
    • Asian Pacific Journal of Cancer Prevention
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    • v.17 no.2
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    • pp.799-805
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    • 2016
  • Background: There is no standard treatment for patients with platinum-resistant or refractory epithelial ovarian cancer. Single agent chemotherapies have evidence of more efficacy and less toxicity than combination therapy. Most are very expensive, with appreciable toxicity and minimal survival. Since it is difficult to make comparison between outcomes, economic analysis of single-agent chemotherapy regimens and best supportive care may help to make decisions about an appropriate management for the affected patients. Objective: To evaluate the cost effectiveness of second-line chemotherapy compared with best supportive care for patients with platinum-resistant or refractory epithelial ovarian cancer. Materials and Methods: A Markov model was used to estimate the effectiveness and total costs associated with treatments. The hypothetical patient population comprised women aged 55 with platinum-resistant or refractory epithelial ovarian cancer. Four types of alternative treatment options were evaluated: 1) gemcitabine followed by BSC; 2) pegylated liposomal doxorubicin (PLD) followed by BSC; 3) gemcitabine followed by topotecan; and 4) PLD followed by topotecan. Baseline comparator of alternative treatments was BSC. Time horizon of the analysis was 2 years. Health care provider perspective and 3% discount rate were used to determine the costs of medical treatment in this study. Quality-adjusted life-years (QALY) were used to measure the treatment effectiveness. Treatment effectiveness data were derived from the literature. Costs were calculated from unit cost treatment of epithelial ovarian cancer patients at various stages of disease in King Chulalongkorn Memorial Hospital (KCMH) in the year 2011. Parameter uncertainty was tested in probabilistic sensitivity analysis by using Monte Carlo simulation. One-way sensitivity analysis was used to explore each variable's impact on the uncertainty of the results. Results: Approximated life expectancy of best supportive care was 0.182 years and its total cost was 26,862 Baht. All four alternative treatments increased life expectancy. Life expectancy of gemcitabine followed by BSC, PLD followed by BSC, gemcitabine followed by topotecan and PLD followed by topotecan was 0.510, 0.513, 0.566, and 0.570 years, respectively. The total cost of gemcitabine followed by BSC, PLD followed by BSC, gemcitabine followed by topotecan and PLD followed by topotecan was 113,000, 124,302, 139,788 and 151,135 Baht, respectively. PLD followed by topotecan had the highest expected quality-adjusted life-years but was the most expensive of all the above strategies. The incremental cost-effectiveness ratios (ICER) of gemcitabine followed by BSC, PLD followed by BSC, gemcitabine followed by topotecan and PLD followed by topotecan was 344,643, 385,322, 385,856, and 420,299 Baht, respectively. Conclusions: All of the second-line chemotherapy strategies showed certain benefits due to an increased life-year gained compared with best supportive care. Moreover, gemcitabine as second-line chemotherapy followed by best supportive care in progressive disease case was likely to be more effective strategy with less cost from health care provider perspective. Gemcitabine was the most cost-effective treatment among all four alternative treatments. ICER is only an economic factor. Treatment decisions should be based on the patient benefit.