• Title/Summary/Keyword: Expected Total Cost

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Unrelated Question Model in Sensitive Multi-Character Surveys

  • Sidhu, Sukhjinder Singh;Bansal, Mohan Lal;Kim, Jong-Min;Singh, Sarjinder
    • Communications for Statistical Applications and Methods
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    • v.16 no.1
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    • pp.169-183
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    • 2009
  • The simplicity and wide application of Greenberg et al. (1971) prompts to propose a set of alternative estimators of population total for multi-character surveys that elicit simultaneous information on many. sensitive study variables. The proposed estimators take into account the already known rough value of the correlation coefficient between Y(the characteristic under study) and p(the measure of size). These estimators are biased, but it is expected that the extent of bias will be smaller, since the proposed estimators are suitable for situations in between those optimum for the usual estimators and the estimators based on multi-characters for no correlation. The relative efficiency of the proposed estimators has been studied under a super population model through empirical study. It has been found through simulation study that a choice of an unrelated variable in the Greenberg et al. (1971) model could be made based on its correlation with the auxiliary variable used at estimation stage in multi-character surveys.

An Investigation of Medications Returned to the Community Pharmacies through "Drug-Take Back" Program ('폐의약품 수거사업'을 통해 지역약국으로 회수된 폐의약품의 분석)

  • Chun, Pusoon
    • YAKHAK HOEJI
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    • v.58 no.2
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    • pp.107-111
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    • 2014
  • Unused medication disposal is a problem due to the cost of disposing as well as potential risk of inadvertent dosing. Investigating medication returns is expected to suggest areas for targeting interventions to reduce medication waste. Therefore, the aim of this study was to examine types of medications and identify the expiration date of the medications returned to the community pharmacies through "Drug-Take Back" program. Method: From October 10, 2012 to November 14, 2012, the medications returned to the 58 community pharmacies in Korea were examined. Results: A total of 22,160 g of pill medications were collected; 52.8% for prescription drugs and 47.2% for non-prescription drugs, respectively. The weight of the expired pill medications was more than 5 times that of the non-expired pill medications. On the other hand, 6,168 ml of liquid medications were returned; 80.0% for prescription medication and 20.0% for non-prescription medications, respectively. Of the total oral liquid medications, the volume of the expired medications was more than 5 times that of the non-expired medications. Conclusion: The majority of medications returned to the community pharmacies were prescription drugs rather than non-prescription drugs. In addition, most of the drugs were expired when they returned.

A Normative Analysis on Broiler Farm investment in Korea (육계 건물 및 시설에 대한 투자 분석)

  • 김정주
    • Journal of Animal Environmental Science
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    • v.3 no.1
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    • pp.49-56
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    • 1997
  • Most of Korean broiler farms are constructed with vinyl houses. Such types of broiler farms might be cheaper in terms of cost, but poor in terms of environment condition. According to enlargement of broiler farm size, high value production systems or automatic facilities are introduced in this field. However, investment may not always guarantee the profit of the management. Therefore, it is necessary to undertake the investment analysis before decision making for the investment. Under the assumption that 870 Pyoung(≒$3.3㎡) of a broiler farm within 1,740 Pyoung(≒3.3㎡) of land is built with the producing capacity of 50,000 heads of chicken in a time. The total investment is calculated to be 600 million won(1,000 won≒$1.1), and out of them 58.1% is provided by the owner, 31.6% from the government loan, 5.8% from government subsidy, and 5.3% from other agencies or banks. The expected profit of the broiler farm is 64.6 million won(1,000 won≒$1.1) per year. The IRR calculated is 0.0808 which means that the rate to profit of this project would be 8.1%. This also means that for this investment the interest rate of the capital provided should be less than 8.1% per year. Considering that the current opportunity cost of the own capital is 8.5% this project is not so attractive for those who is going to build broiler farms mainly with their own capital. In other words this project would not be profitable, unless the average interest rate of the loans provided for this project is less than 8.1% per year.

Estimation of CO2 Emission and Emission Cost Function of Thermal Power Plants and Application to 5-Bus Sample Power System (화력발전소의 CO2 배출량 및 배출비용 함수산정과 5모선 전력계통 적용사례)

  • Lee, Sang-Joong
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.22 no.4
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    • pp.13-18
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    • 2008
  • The global warming due to greenhouse gases is now the hottest issue all over the world. The world has been under $CO_2$ war since the Kyoto Protocol was opened for signature on December 11, 1997 in Kyoto, Japan. The Kyoto Protocol now covers more than 164 countries globally as of July 2006. Countries that ratify this protocol commit to reduce their $CO_2$ emissions, or engage in emissions trading. Korea is also expected to obey the Protocol starting in 2013, which will give a serious shock especially to the electric power industry. The power plants burning the fossil fuel produce more than 20 percent of national total $CO_2$ emission. This paper resents the calculation of the amount and cost of $CO_2$ emission w.r.t. generator MW output and its application to power system operation. The $CO_2$ emission function is derived using the input-output coefficients of the thermal power plants. The optimal power system operation considering $CO_2$ emission and its cost is demonstrated on a five-bus sample power system.

Evaluation of Applicability on a High-rise Building for the Effective Usage of High Performance Steel for Building Structures (건축구조용 고성능 강재 HSA800의 효율적 사용을 위한 초고층 건물의 적용성 평가)

  • Kim, Do Hwan;Kim, Joo Woo;Lee, Dong Woo;Yang, Jae Guen;Lee, Myung Jae
    • Journal of Korean Society of Steel Construction
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    • v.26 no.5
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    • pp.463-471
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    • 2014
  • As building height and span is getting taller and longer, the researches to increase material's strength and serviceability are continuously performed. This study evaluated mechanical and chemical properties of newly developed high-strength steel (HSS) for building structures, namely HSA800 and verified cost-effectiveness and applicability of HSS for a tall building by comparing the analysis results of normal strength steel (SM490) model. HSA800 was manufactured by TMCP to have a good weldability in spite of HSS and satisfied Korean Industrial Standards (KS). The analysis results for evaluating cost-effectiveness show that total steel quantity could be saved approximately 30% when using HSS compared to SM490. It is expected that HSA800 will contribute to enhance constructability of building.

Development of a Cash Flow Forecasting Model for Housing Construction (공동주택 공사의 현금흐름 예측 모델 개발에 관한 연구)

  • Jang, Joo-Hwan;Kim, Ju-Hyung;Jee, Nam-Yong
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.3
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    • pp.257-265
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    • 2012
  • Many construction companies are simultaneously carrying out numerous projects in the housing construction industry. It is essential to accurately forecast the cash flow of a project through optimal process management and resource input in order to manage funds rationally and enhance the competitiveness of a company. Current cash flow forecasting methods offer lower accuracy due to a large gap between the revenue and expenditure element. Expenditure elements depends on the real-time changing actual cost for work performed. This research survey was conducted on the actual state of construction management of K company to investigate the problems of cash flow forecasting. To achieve this, the work process and construction management system were integrated to improve the cost management system of K company. To accurately forecast the cash flow of a project, revenue and expenditure elements were displayed in the total cash flow forecast window. This research is expected to assist in the implementation of a system of cash flow forecasting on housing construction by excluding negative elements of revenue and expenditure.

Procurement Pricing Strategy for Remanufacturing System under Uncertainty in Quality of Used Product (회수 품질이 불확실한 재제조 시스템의 회수 가격 결정 모형)

  • Lee, Ji Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.8
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    • pp.691-697
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    • 2016
  • Remanufacturing refers to restoring a used product to an acceptable condition for resale in the market of remanufactured items. In this paper, we deal with the acquisition price and remanufacturing decision for remanufacturing systems in the case where the demand for the remanufactured product in a single period is known and the return quantity of the used product is determined by its acquisition price. The quality of the acquired used product is categorized into two classes, high and low, through inspection and different qualities incur different remanufacturing costs. The probability that the acquired used product is categorized as high class can be a constant or random variable. We derive the expected total cost functions, obtain the optimal solutions, and interpret the managerial meaning of the optimal solution for each case. The sensitivity of the optimal solution with respect to the variation of the inspection cost and uncertainty of the quality of the used product is investigated through numerical examples.

Modeling of a Small Group Scale TMR Plant for Beef Cattle and Dairy Farm in Korea(II) - Performance Test and Cost Analysis of the Model Plant - (한우 및 낙농 단지용 소형 TMR 플랜트 모델 개발(II) - 모델의 성능시험 및 경제성분석 -)

  • Ha, Yu-Shin;Hong, Dong-Hyuck;Park, Kyung-Kyoo
    • Journal of Biosystems Engineering
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    • v.35 no.2
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    • pp.91-99
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    • 2010
  • A Model of small scale total mixed rations(TMR) plant which can be utilized round bales was developed, tested and analyzed in this study. This study consist of two parts. One is development of a small scale TMR plant model which was already reported at the previous paper. This is the second part of the study. For the study, a series of tests of the model plant were performed and its costs was analyzed. Also, the break-even point of the model plant by comparing with market price of commercial TMR feed was determined. Results of the research are summarized as follows ; As the results of mixing test, the average coefficient of variation(CV) value for mixing of the feed was 13.0 % at the gate of the mixer. The production cost was estimated as 8,298 won/head for dairy cattle farm and 2,495 won/head for beef cattle farm, when producing 8 batch a day. Also, it is recommended to utilize the model plant when farm size is over 79 heads for dairy cattle farm and 113 heads for beef cattle farm. As an overall conclusion, the model plant designed for farm size TMR feed mill will be very useful model for both beef cattle and dairy farms in Korea. Also it is expected that the capital investment for the model plant can be recovered with 8 months compare with purchasing commercial TMR feed if the model plant feeds 1,000 beef cattle approximately.

Design of Off-axis Wide Angle Lens for the Automobile Application

  • Kim, Tae Young;Shin, Min-Ho;Kim, Young-Joo
    • Journal of the Optical Society of Korea
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    • v.17 no.4
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    • pp.336-343
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    • 2013
  • Recently various types of driver assistance systems have been used for automobiles. In 2008, the U.S Congress passed a law which required that most cars be equipped with devices to warn objects behind the vehicle. Because of that, market of rear view cameras is expected to rise dramatically. Therefore many suppliers try to provide a wide angle camera for car makers. But a high distortion is caused by the wide angle might result in lower image quality. In order to improve the image quality, normally we use an algorithm to correct a distortion. Though we can improve the distorted image by correction algorithm, we must pay more cost to use it. In this paper, we propose a new optical system reducing a distortion in contrast to a conventional lens without cost. In other words, we can see only an area of interest. That is similar to reducing a field of view. Using a new optical system, we can get a less distorted image. In order to view an area of interest, we introduce an off axis optical system having refractive surfaces and reflective surfaces. In this paper, we describe the results of design and, evaluation of an off axis wide angle compact imaging system. In comparison to conventional wide angle lens, we can get the improvement of MTF, distortion, and lateral color aberrations. And we also can reduce a total cost because we don't need the outer apparatus or bracket to mount on the car.

Use of Wing Feather Loss to Examine Age-Related Molt in Oriental Storks (Ciconia boyciana)

  • Yoon, Jongmin;Yoon, Hyun-Ju;Nam, Hyungkyu;Choi, Seung-Hye
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.2 no.1
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    • pp.26-31
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    • 2021
  • Reproduction and molt are costly processes in avian life histories. These two fitness-related traits are expected to be under one of physiological trade-offs. Age-related molt is known to be higher in young birds than that in adults presumably due to the cost of reproduction in adults. The present study partially replicated a previous study using a non-invasive method of seasonal wing feather loss instead of capture-inspection for molting progress in oriental storks (Ciconia boyciana). We first examined characteristics of the known six wing feather types (i.e., primaries [P], primary coverts [PC], secondaries [S], secondary coverts [SC], and tertials [T]) from two specimens with four wings. Results were utilized as references for further investigation. We then collected a total of 3,807 wing feathers shedded by 61 captive storks for one year and classified them into six wing feather types based on the reference with structures of vane (i.e., how asymmetrical) and calamus (i.e., how rigidly attached to skin) of wing feathers. Our results indicated that annual losses of all six-type wing feathers decreased with increasing ages, ranging from 29% to 58% for PC, alula, SC, P, S, and T in order. Our results were also comparable to those of a former study, suggesting that the pattern of age-specific molt might be associated with the cost of reproduction in adults. However, juveniles might shed more wing feathers with low quality formed during the previous development stage than older birds.