• Title/Summary/Keyword: Costs-effectiveness analysis

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Analysis of Factors and it's Effectiveness to Maintenance Cost of Public Buildings (공공청사의 운영비용에 영향을 미치는 요인과 요인별 영향력 분석)

  • Ko, Kyujin;Cho, Sangouk;Hwang, Jeongha;Lee, Chansik
    • Korean Journal of Construction Engineering and Management
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    • v.16 no.2
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    • pp.29-37
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    • 2015
  • Multi-household buildings are efficiently maintained from the mid- and long-term viewpoint according to the long-term repair coverage system etc. On the other hand, public buildings are not systematically maintained due to a lack of past maintenance cost data and inefficient budget plans, among other problems. Targeting public buildings in Incheon, this study analyzed operation costs variables. To verify the analysis results, they underwent a correlation analysis and a multi-regression analysis. With regard to public buildings electricity, gas and tap water cost, the influence power of the served life, floor area, and workforce were analyzed, revealing that electricity cost was highly correlated with workforce, while gas and tap water cost were correlated with tap water cost. Also, the correlation analysis results were verified through a multi-regression analysis, and a maintenance cost estimation model was presented using a regression equation.

The Quantitative Effects of ERP Systems in Korean Manufacturing Industry (국내 제조기업의 ERP 시스템 도입의 정량적 성과에 관한 연구)

  • Chang, Hwal-Sik;Park, Kwang-Oh;Choi, Woo-Hyeok;Han, Jung-Hee
    • Management & Information Systems Review
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    • v.26
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    • pp.27-60
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    • 2008
  • Researches on the introduction of ERP system kept on examining the critical successful factors (CSFs) that focus on factors to achieve effectively successful projects, and trying to measuring the actual effectiveness of the introduction of ERP system. However, most of the preceding researches on the effectiveness of the introduction of ERP system that was searching devoted effects has been ceased, and actually even researches on the economical results have just done the basic cognitive evaluation of result indicators by many questionnaires instead of objective measuring values, because of the difficulty of measuring the evaluation of the result. Moreover, researches on positive effects of the introduction of ERP on enterprise results and researches that failed to give advantageous effects showed different results each other. And a part of researches reported that only a part of result indicators were partially affected. In this research, we investigated Korean large enterprises or middle-sized enterprises in manufacture industry that introduces SAP R/3 and Oracle package to compare their quantitative financial results after the introduction of ERP system, in order to measure the effects of the ERP system. First, we evaluated the difference of the quantitative financial results before and after the introduction of the ERP system. Second, we evaluated the opportunities shown by the effects after the introduction of the ERP system. Third, we removed the sample of the exchange crisis (IMF) and executed the additional analysis to reflect the average increasing and decreasing rate in the industry, so that pure evaluation can be achieved. Inherent limits of precedent researches are removed and practical effects of the pure introduction of the ERP system are evaluated, so the research of this research is significant. The result of this research is as follows. Because of the introduction of ERP, the rate of turnover of inventory property has increased and sales of preparation inventory property have decreased so that more effective inventory property management has been achieved. Moreover, preparation sales of labor costs and preparation sales of the number of employees have decreased to show the effect of the reduction of labor costs. However, it could no be concluded that we could increase the profit due to the introduction of ERP system. Due to the introduction of ERP, although we concluded that the return on assets (ROA) and the additional value of one-person employee statistically showed obvious differences and increased, the return on equity failed to show obvious differences after the process of introduction of ERP.

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Benefit-Cost Analysis of GIS in Local Governments: A Case Study of Taegu Metropolitan City (지방자치단체에서 GIS구축에 따른 비용편익분석: 대구광역시를 사례로)

  • Jo, Myung-Hee;Kim, Kwang Ju;Park, Sang-Woo
    • Journal of the Korean Association of Geographic Information Studies
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    • v.2 no.2
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    • pp.87-96
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    • 1999
  • Using the case of Taegu city, this study analyses benefits and costs related to the construction of GIS to local government. For this purpose, the study uses a case study selecting Taegu Metropolitan city. In this study, four discount rates(5%, 8%, 10%, 12%) are used for sensitivity analyses. According to this benefit-cost analysis, Taegu city government could get positive net present benefits from the year of 2004 which is 6 years after its GIS construction. This a result, Provides the economical and financial validity of GIS Construition in local government. In this study, analysis of invisible benefits are excluded. If these invisible and potential benefits are included in the analysis, GIS could produce more net benefits and the even break point of GIS construction in local governments will come earlier. For the further study, the study needs to develop new benefits and utilize cost-effectiveness analysis to catch these invisible benefits.

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The Effectiveness of Independent Verification and Validation of Safety-critical Aviation Systems (항공 안전 필수 시스템에 대한 독립적 검증 및 확인의 효과도 분석)

  • Kim, Young-Hoon;Yoo, Beong-Seon;Kang, Ja-Young
    • Journal of Advanced Navigation Technology
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    • v.21 no.2
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    • pp.155-162
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    • 2017
  • In recent years, aviation-related safety-critical systems have been developed in Korea, but these products have not satisfied the specified requirements and thus have not been commercialized or commercialized. Due to increasing complexity of the modern aviation system, traditional verification and validation techniques are not sufficient to identify and reduce latent risks in the system. To overcome this shortcoming, a new method which is called 'Independent verification and validation (IV&V)' is suggested. However, academic researches on the effectiveness of this independent verification and validation have not been conducted domestically, and it is performed very rarely even overseas. Therefore, in this paper, we investigated the application of independent verification and validation of the safety-critical aviation systems performed by advanced aviation organizations, and analyzed various positive effects on projects. As a result of the analysis, IV&V shows that early error detection rate is increased, potential risk is mitigated early, and the complex reworking probability, which appears later in the development life cycle, is reduced, greatly preventing the development schedule and costs from increasing.

Analysis of the Construction Plan and Enforcement Condition of the Port Circular Highway for Cargo Transportation of the Pusan Port (부산항 물동량 처리를 위한 광역배후수송도로의 건설계획과 시행실태 분석)

    • Journal of Korean Port Research
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    • v.13 no.2
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    • pp.313-322
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    • 1999
  • Pusan the principal port of South Korea, has opened its door since 1876. Currently, the four-stage port construction project is under way to handle ever-growing marine transportation volume. While the port unloading capabilities are increasing the infrastructure to deal with all the transportation volume failed to catch up with them. Accordingly the city had to suffer from worst traffic congestion on due to the increasing container traffic volume causing logistical costs to rise. This study was designed to inspect the enforcement of infrastructure construction plan and suggest systematical and effective ways to improve the plan. The study focused on :\circled1The decision-making procedure, \circled2Financial resource for the plan, \circled3Effectiveness of the project enforcement, and \circled4Who will be in charge of the project. As a result from the study, these followings were suggested to improve the plan. First, Pusan Port Infrastructure consisting of (Inter-city Free way, Belt Highway and Outer Highway) should be immediately legally-regulation project. Second, the method to finance the project should be deter-mined and investment consultation among the central government the city government and private sector should be also made. Measures to make the central government budget allocation for the project mandatory should be discussed. Third, Effectiveness of the project can be doubled by gradually or partialyl opening the routes based on long-term or short-term operating plans. Fourth, The organizer of the project should be appointed, or a special task-force team in charge of the plan can be formed.

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An Analysis of Policy Priority for Work-Related Injury & illness and Investment Losses of Workplace Safety (작업관련성 손상·질병 발생과 손실비용에 따른 예방정책 우선순위 연구)

  • Park, Kyoung-Don;Yi, Kwan-Hyung
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.7-16
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    • 2013
  • As workplace incidents has been being declining in Korea, there is criticism of the effectiveness of occupational safety policy implementation. It is unknown that which policy target group needs to be targeted to yield effective injuries prevention. The purpose of this paper is to analyze and reveal the policy intervention group with a high priority in terms of industrial incident prevention and the related investment cost. A Policy Priority Model(PPM) is composed of 6 indicators regarding influences of both the incident reduction and the cost reduction. Z-score analyses are used to confirm the high policy priority area or policy target group. Overall, workplace with worker below 50 persons, construction site with the sales of more than a hundred million won, workplace with relatively small percentage of female employees and relatively higher percentage of older worker should be prioritized to reduce workplace injuries. This paper provides an analytic way that can be used to decide the policy priority workplace in order not only to reduce work-related injuries&illnesses and the related investment cost but to further lessen the related societal costs.

Development of an Electronic Greenhouse Gas Emission Management Platform: Managerial Implications

  • BAE, Deogsang;CHO, Yooncheong
    • The Journal of Industrial Distribution & Business
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    • v.11 no.11
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    • pp.7-18
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    • 2020
  • Purpose: The Emission Trading Scheme (ETS), which enables structuring emission credits as a financial product, is taking a crucial position of global collaboration against climate change. Previous studies that have covered ETS subjects from the macro perspective contribute to facilitating legal enactment of this scheme. However, they have rarely addressed challenges aligned with issues arising from labor burdens for ETS works from the business perspective. Research Design, data and methodology: This study presents conceptual models that are expected to help design an electronic system. The study model contains four modules: emission allocation, data interface, reduction technology sharing, and emission trading. Two validation approaches, the Analytic Hierarchy Process (AHP) and regression analysis, are applied in confirming the feasibility of the proposed model. Results: This study suggests an IT system methodology to help improvement of the current K-ETS mechanism. In particular, this study addresses effectiveness for real businesses and the adaptability of this mechanism to other nations. Conclusions: The proposed IT platform diagram can contribute to successful operation of ETS by providing multiple benefits to participating companies through in-house allocation mechanisms, the soft-landing of ETS adoption to participating companies through reduction of technology-sharing, group purchases, and transaction costs through the trading system.

A Study on the Design of Hardware Switching Mechanism using TCP/IP Communication (TCP/IP를 이용한 하드웨어 전환장치 설계에 관한 연구)

  • Kim, Chong-Sup;Cho, In-Je;Lim, Sang-Soo;Ahn, Jong-Min;Kang, Im-Ju
    • Journal of Institute of Control, Robotics and Systems
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    • v.13 no.7
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    • pp.694-702
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    • 2007
  • The SSWM(Software Switching Mechanism) of I-processor concept using non-real time in-house software simulation program is an effective method in order to develop the flight control law in desktop or HQS environment. And, this system has some advantages compare to HSWM(Hardware Switching Mechanism) such as remove the time delay effectiveness and reduce the costs of development. But, if this system loading to the OFP(Operational Flight Program), the OFP guarantee the enough throughput in order to calculate the two control law at once. Therefore, the HSWM(Hardware Switching Mechanism) of 2-processor concept is necessary. This paper addresses the concept of HSWM of the HQS-PC interface using TCP/IP(Transmission Control Protocol/Internet Protocol) communication based on flight control law of advanced supersonic trainer. And, the fader logic of TFS(Transient Free Switch) and stand-by mode of reset '0' type are designed in order to reduce the abrupt transient response and minimize the integrator effect in pitch axis. The result of the analysis based on HQS pilot simulation using HSWM reveals that the flight control systems are switching between two computers without any problem.

세라믹 가스센서를 이용한 토양증기추출공정의 배출가스 모니터링 기법 연구

  • 양지원;조현정;이재영;곽무영
    • Proceedings of the Korean Society of Soil and Groundwater Environment Conference
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    • 2002.09a
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    • pp.250-252
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    • 2002
  • The goals of environmental monitoring are to locate and quantify the significant contamination, estimate the fate and transport, estimate the potential exposure and risks to humans and the environment, and track the performance of various remedial technologies. In this study, ceramic gas sensor system is proposed to enhance the effectiveness of soil vapor extraction (SVE) process by monitoring the effluent gas. SVE is a technique that is widely used to remediate unsaturated soils contaminated with volatile organic contaminants. The sensor response for benzene, toluene, and xylene, the representative effluent gas compositions of SVE process, was evaluated using the proposed sensor system. As a result, it was verified that the response of sensor was increased or decreased very sensitively according to the change of the effluent gas concentration. Besides, the sensor could detect the difference over a wide range of concentration and it was more sensitive in order of xylene, toluene, and benzene. It is expected that this VOC analysis method results in field monitoring costs saying and appropriate immediate action for process control. More detailed experiments are being conducted in our research group.

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Application of Risk-Informed Inservice Inspection for Piping in Nuclear Power Plants (리스크 정보를 활용한 배관 가동중검사 적용)

  • Jin, Young Bok;Jin, Seuk Hong;Moon, Yong Sig
    • Transactions of the Korean Society of Pressure Vessels and Piping
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    • v.7 no.4
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    • pp.31-37
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    • 2011
  • Pressurized Water Reactor Owners Group(PWROG) proposed and applied a risk-informed inservice inspection(RI-ISI) program to alternate existing ASME Section XI periodic inspections. The RI-ISI programs enhance overall safety by focusing inspections of piping at high safety significant(HSS) and locations where failure mechanisms are likely to be present, and by improving the effectiveness on inspection of components because the examination methods are based on the postulated failure mode and the configuration of the piping structural element. The RI-ISI programs can reduce NDE, man-rem exposure, costs of engineering analysis, outage duration and chance of complicating plant operations etc. RI-ISI methods of piping inservice inspection were applied on 3 units(KSNP : Korea Standard Nuclear Power Plant) and are scheduled to apply on the other units. In this paper, we compared and showed the results of the 2 units and we concluded that the RI-ISI application could enhance and maintain plant safety and give unquantifiable benefits.