• Title/Summary/Keyword: Low costs

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A Study of the Estimation of Additional Costs on the Car Accident for Senior People Due to Interaction Effects (상호작용효과에 의한 고령자 사고 추가발생비용 추정에 대한 연구)

  • Yoon, Byoung-Jo
    • Journal of Urban Science
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    • v.6 no.2
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    • pp.59-72
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    • 2017
  • Studies on the calculation of accident costs include the approach on calculating damage costs covering all accidents regardless of first or secondary party and the one calculating damage costs generated by a single victim. These two approaches have a limitation of considering a subject for costs analysis as a single entity. In addition, research on estimating the interaction effects caused in the relationship between diverse traffic accident features and factors remains inadequate since most studies focused on calculating costs incurred in a single entity such as a victim, damaged building, or social organization in charge of managing car accident. This study intends to identify the expected range of old age where a specific interaction effect would remain, compare accidents between old age section and the entire age section, and discover an exogenous variable to be applied in accident drop effects in senior people and reduced benefits by calculating and testing additional accident costs in case the first party and the second party all pertain to the senior age section. By classifying the entire accidents caused by old drivers according to the types of cars, significant coefficients representing the influence that affects car accidents according to the characteristics are calculated and set them as the representative variables by selecting top variable in accordance with from low to high order. Furthermore, characteristics on five age groups such as a group of over 65 and less than 70, a group of over 70 and less than 75, a group of over 75 and less than 80, a group of over 80 and less than 85, and a group of over 85 are elicited and compared them with these preselected accident characteristics variables, thereby identifying what changing effects come out.

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Lamb Production Costs: Analyses of Composition and Elasticities Analysis of Lamb Production Costs

  • Raineri, C.;Stivari, T.S.S.;Gameiro, A.H.
    • Asian-Australasian Journal of Animal Sciences
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    • v.28 no.8
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    • pp.1209-1215
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    • 2015
  • Since lamb is a commodity, producers cannot control the price of the product they sell. Therefore, managing production costs is a necessity. We explored the study of elasticities as a tool for basing decision-making in sheep production, and aimed at investigating the composition and elasticities of lamb production costs, and their influence on the performance of the activity. A representative sheep production farm, designed in a panel meeting, was the base for calculation of lamb production cost. We then performed studies of: i) costs composition, and ii) cost elasticities for prices of inputs and for zootechnical indicators. Variable costs represented 64.15% of total cost, while 21.66% were represented by operational fixed costs, and 14.19% by the income of the factors. As for elasticities to input prices, the opportunity cost of land was the item to which production cost was more sensitive: a 1% increase in its price would cause a 0.2666% increase in lamb cost. Meanwhile, the impact of increasing any technical indicator was significantly higher than the impact of rising input prices. A 1% increase in weight at slaughter, for example, would reduce total cost in 0.91%. The greatest obstacle to economic viability of sheep production under the observed conditions is low technical efficiency. Increased production costs are more related to deficient zootechnical indexes than to high expenses.

Examining the Effect of Online Switching Cost on Customers' Willingness to Pay More

  • Kim, Hee-Woong;Gupta, Sumeet;Lee, So-Hyun
    • Asia pacific journal of information systems
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    • v.23 no.1
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    • pp.21-43
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    • 2013
  • Internet vendors are gradually realizing the importance of "locking-in" online customers in order to ensure profitability. Erection of switching barriers increases customers'lock-in and in turn may result in their willingness to pay price-premium for the same service. However, raising customer lock-in online is difficult because search costs are very low. Therefore, this study examines the effect of switching barriers (customer satisfaction, perceived value and relative advantage) on switching costs and the effect of switching costs on customer's willingness to pay more. Since switching costs and consequent relationships may depend upon the type of product therefore the research model in this study is examined for both search products and experience products. Data is collected through an online survey from two websites (one each for search product and experience product). The empirical results show the key role of switching costs in customers' willingness to pay more and the relationships among the four constructs. The theoretical and practical implications of this study are also discussed.

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System for analysis of product according to assembly time and varant (조립시간과 Variant를 고려한 제품구조 분석 시스템)

  • 목학수;신현창
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 1995.10a
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    • pp.707-710
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    • 1995
  • Structure of product, which is not considered by easy of assembly, has many hidden costs. For reduction of hidden costs, concepts of line balancing and assembly-oriented design are used. We find that part of structure can be improved by concept of line balancing. To reduce assembly time and enhance easy of assembly, design principles are developed by concept of assembly-oriented design. And design principles for improvement are applied according to condition of the grasped parts of product structure. Thersfore, we could design assembly-oriented design for better structure and low cost.

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A Study(I) of Signalling for Driverless Operation (무인자동운전을 위한 신호제어시스템 개발(I))

  • 윤용기;정락교;이병송;최규형
    • Proceedings of the KSR Conference
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    • 2000.05a
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    • pp.376-381
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    • 2000
  • Because of the presure of costs some public transport companies are forced to think new system that is more simple and more economic forms of operation. Radio-based operation and automatic driverless operation for city railways are possible to low the costs. To construct the automated driverless operation system, it is necessary to configure the new signalling. This paper focuses on the automated driverless operation system suitable for the LRT and the standard of signalling function and the R&D project in the world.

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The Socioeconomic Burden of Cancer in Member Countries of the Association of Southeast Asian Nations (ASEAN) - Stakeholder Meeting Report

  • Jan, Stephen;Kimman, Merel;Kingston, David;Woodward, Mark
    • Asian Pacific Journal of Cancer Prevention
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    • v.13 no.2
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    • pp.407-409
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    • 2012
  • The ACTION (Asean CosTs In ONcology) Study will be one of the largest observational studies of the burden of cancer ever conducted in Asia. The study will involve 10,000 newly diagnosed patients with cancer and will be carried out across eight low- and middle income countries within the ASEAN region (Indonesia, Thailand, Malaysia, Cambodia, Myanmar, Viet Nam, Laos and the Philippines). Patients will be interviewed three times over 12 months to assess their health, use of health care services, out of pocket costs related to their illness, social and quality of life issues. The project is a collaboration between the George Institute for Global Health, the ASEAN Foundation and Roche. The aim of the study is to assess the health and socioeconomic impact of cancer on patients in ASEAN communities, and the factors that may impact on these outcomes.

The Development of a Flood Protection System for Pad Transformers Using Pneumatic Pressure in Areas Prone to Floods

  • Kim, Gi-Hyun;Lee, Jae-Yong;Bae, Suk-Myong
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.3
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    • pp.27-32
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    • 2010
  • The inundation of substation and ground power equipment breaks out every summer season in low-lying downtown areas and low-lying shores by torrential rain, typhoons and tsunamis. It has, in turn, caused replacement, social and economic costs for blackouts. For activity management regarding flood damage we produced a flood protection system which using the Pad transformer as a basic frame and is developed using pneumatic pressure. We tested safety concerns including insulation resistance and current leakage first for water tank flooding and, second, by an empirical test through supplying 22.9[kV]. We estimate that costs associated with flooding and power failure can be diminished by these advances toward creating a more reliable system.

Building infrastrucutre of the abroad promotion of small-medium and venture business and enhancing method of export in the dital era (디지털 시대 중소.벤처기업의 해외진출인프라 구축 및 수출증진방안)

  • Lee, Seo-Ryeong
    • 한국디지털정책학회:학술대회논문집
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    • 2004.05a
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    • pp.483-489
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    • 2004
  • The purpose of this paper is to establish the policy for the abroad promotion of small-medium and venture businesses. The core strategy is enhancing the total sales trough the low management cost and low advertisement cost. The Partnership Management by the Export Cooperation Organisation is a model which is maximize the outputs and profits at the same time minimize the fixed costs, advertisement costs etc. The effect of synergy from the grand exhibition and partnership management will be a critical momentum to the national business that concrete and diversify the export.

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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.

Image-guided surgery and craniofacial applications: mastering the unseen

  • Wang, James C.;Nagy, Laszlo;Demke, Joshua C.
    • Maxillofacial Plastic and Reconstructive Surgery
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    • v.37
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    • pp.43.1-43.5
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    • 2015
  • Image-guided surgery potentially enhances intraoperative safety and outcomes in a variety of craniomaxillofacial procedures. We explore the efficiency of one intraoperative navigation system in a single complex craniofacial case, review the initial and recurring costs, and estimate the added cost (e.g., additional setup time, registration). We discuss the potential challenges and benefits of utilizing image-guided surgery in our specific case and its benefits in terms of educational and teaching purposes and compare this with traditional osteotomies that rely on a surgeon's thorough understanding of anatomy coupled with tactile feedback to blindly guide the osteotome during surgery. A 13-year-old presented with untreated syndromic multi-suture synostosis, brachycephaly, severe exorbitism, and midface hypoplasia. For now, initial costs are high, recurring costs are relatively low, and there are perceived benefits of imaged-guided surgery as an excellent teaching tool for visualizing difficult and often unseen anatomy through computerized software and multi-planar real-time images.