• Journal of the Korea Safety Management & Science
• /
• v.3 no.4
• /
• pp.1-9
• /
• 2001

Cost-benefit analysis was investigated to propose the analysis method of the effect of investment and the optimum investment level of safety management cost for preventing gas accident in the B governor station. From five classifications of safety management costs consisting of cost items with similar characters and potential accident costs calculated by risk assessments(FMEA/HAZOP), we found that the order of the benefit(the reduction cost of the potential accident cost) was the instrument increase and repair cost > the safety checking and inspection cost > the labor and training cost > the safety equipment and corresponding cost > the research and development cost. As the benefit was increased with increasing the investment cost, the effect of investment was increased with decreasing the Investment cost. As a result, the optimum safety management cost was estimated and the investment level was analyzed by the model of optimum investment level.

• Journal of the Korea Safety Management & Science
• /
• v.12 no.4
• /
• pp.207-213
• /
• 2010

Now days, the marketing environment is rapidly changed. Therefore, a lot of companies try to reduce production cost. Especially, Design is a important activities in new product development. While the concepts of design for manufacturable and concurrent engineering have made significant advances in integrating the design function with other areas in the firm. There are still major gaps in timely and accurate costing information available to designers. Inappropriate design could result in high redesign cost and delay in product relation. The generation of design and improvement is a time-consuming and mentally exhaustion process. It involves combining design features to generate as many potential design as possible. As not all features combinations are feasible, decision-makers have to narrow down the potential solutions and subsequently select appropriate design for further development. This new study is composed of 3 steps aiming at the Low Cost Design of the product. The three steps are consisted that setting up the target Cost, estimating the current functional cost, the design of a unit's reviewing according to the priority of the difference between the target cost and the functional cost.

• Korean Journal of Social Welfare
• /
• v.57 no.2
• /
• pp.297-320
• /
• 2005

This study was attempted to give aids in making 'the Disability Discrimination Act' by estimating the potential Cost-Benefit in case that the discrimination on the disabled is removed. The potential benefits from this Disability Discrimination Act are calculated considering the income increase of the people with disabilities from additional employment for them and the decrease of employment levies and the public assistance benefits. The potential cost was made focusing on the following 2 expenses- the extra expenditures that the owners of companies had to invest from the employment of the disabled and the managing expenses for correcting discrimination organizations. As the result of this estimation, the potential net present value under the 7% discount rate is very high as 12,700,301 million won and the cost-benefit ratio is also great as 96.8. The consequence of the sensitive analysis in changing the discount rate also does not have great changes. As the result of these estimating results, it is known that when the discrimination is solved by the 'Disability Discrimination Act', the pure benefit of our society will become tremendous. After all, it could be said that the need for 'the Disability Discrimination Act' is emphasized and should be emphasized.

• Journal of the Korea Safety Management & Science
• /
• v.4 no.4
• /
• pp.15-26
• /
• 2002

The quantitative evaluation method of the safety management cost was suggested to prevent a gas accident as a major industrial accident. In a gas governor station, process risk assessments such as the fault tree analysis(FTA) and the consequence analysis were performed. Based on process risk assessments, potential accident costs were estimated and the cost-benefit analysis(CBA) was performed. From the cost-benefit analysis for five classification items of safety management cost, the order of the cost/benefit ratio was estimated.

• Korean Journal of Social Welfare
• /
• v.43
• /
• pp.270-298
• /
• 2000

Government provides financial support to the 74 Home help service centers, 36 Day care service centers, and 18 Short stay service centers for the elderly. The number of service centers that receive financial support from the government is far less to meet the potential demand for the community care services. This paper applies cost-benefit analysis to evaluate the net social benefit of the services provided by the 3 types of the community care service centers sponsored by the government to justify the expansion of the government support. The benefit is calculated as community care services are provided privately in the market without financial support from the government. The potential market price is regarded as the benefit or value provided to the elderly. The price levels that potential users are willing to pay for these services are surveyed in the Census for the Elderly by the KIHASA, 1998. The market prices for the community services are generated by equating limited amount of service supply, as in number of users in one year in 3 types of community care service centers, and potential demand for the services. Market prices are multiplied to the number of users of 3 types of community centers to get the total benefit. Total operating cost of the community care service centers is regarded as cost. According to the cost-benefit analysis, Home-help service centers generated net social benefit of 137 billion Won, Day Care service centers generated 15 billion Won, and Short stay service centers generated 6 billion Won. Significant amount of net social benefit indicates that government should increase level of financial support to these service centers.

• The Journal of Korean Institute of Communications and Information Sciences
• /
• v.27 no.3A
• /
• pp.268-275
• /
• 2002

This paper proposes a region-based segmentation algorithm fur extracting a video object by using the cost of potential of frame-difference energies. In the first step of a region-based segmentation using spatial intensity, each frame is segmented into a partition of homogeneous regions finely so that each region does not contain the contour of a video object. The fine partition is used as an initial partition for the second step of spatio-temporal segmentation. In spatio-temporal segmentation, the homogeneity cost for each pair of adjacent regions is computed which reflects the potential between the frame-difference energy on the common contour and the frame-difference energy of the lower potential region of the two. The pair of adjacent regions whose cost is minimal then is searched. The two regions of minimum cost ale merged, which result in updating the partition. The merging is recursively performed until only the contours remain which have Same difference energies of high potential. In the fecal step of post-processing, the video object is extracted removing the contours inside the object.

• International Journal of Automotive Technology
• /
• v.8 no.6
• /
• pp.781-790
• /
• 2007

Hybrid electric vehicles(HEV) combined with more than one power sources have great potential to improve fuel economy and reduce pollutant emissions. The Integrated Starter Generator(ISG) HEV researched in this paper is a two energy sources vehicle, with a conventional internal combustion engine(ICE) and an energy storage system(batteries). In order to investigate the potential of diesel engine hybrid electric vehicles in fuel economy improvement and emissions reduction, a Dynamic Programming(DP) based supervisory controller is developed to allocate the power requirement between ICE and batteries with the objective of minimizing a weighted cost function over given drive cycles. A fuel-economy-only case and a fuel & emissions case can be achieved by changing specific weighting factors. The simulation results of the fuel-economy-only case show that there is a 45.1% fuel saving potential for this ISG HEV compared to a conventional transit bus. The test results present a 39.6% improvement in fuel economy which validates the simulation results. Compared to the fuel-economy-only case, the fuel & emissions case further reduces the pollutant emissions at a cost of 3.2% and 4.5% of fuel consumption with respect to the simulation and test result respectively.

• Journal of the Korea Safety Management & Science
• /
• v.21 no.2
• /
• pp.15-23
• /
• 2019

Among service industries of knowledge based economic era, the roles of educational service field are becoming more important and standard of educational service makes a direct effect on economic development and social growth. Therefore, accurate measurement of service quality is the most important assignment and the measurement of the service quality remains difficult assignment. So, this researcher classified quality attributes applying weighted value and found potential satisfaction level(PSL) and potential customer demand improvement index(PCDI) for trainees participating in national manpower business so as to suggest measurement of service quality and easiness of use and then, calculated satisfaction position and opportunity cost by quality factor with Taguchi's loss fraction. And, improvable satisfaction level was measured, opportunity cost by degree of customer dissatisfaction was quantitatively measured, and a model that can indicate with economic factors was suggested. In addition, methodology of measuring quality cost that can be reduced by quality improvement and direction of strategic decision-making for deciding items to be improved preferentially were suggested with qualitative index that can indicate the degree of customers' dissatisfaction by loss.

• International conference on construction engineering and project management
• /
• 2011.02a
• /
• pp.132-141
• /
• 2011

Australia has joined many governments to adopt public-private partnership (PPP) as a major strategy for procuring infrastructure for decades. However, failures have occurred although the market has been considered to be a mature and sophisticated one. Failures have typically been traced back to inappropriate economic evaluation and a lack of value-for-money. In particular, a literature review has identified that there was no holistic consideration on the evaluation of procurement transactions of PPP projects. The transaction costs of PPPs were not handled properly. In this paper, theories of transaction cost economics are proposed for the purpose of such a holistic institutional economic evaluation. These theories are analysed in order to identify potential critical success factors for a strategic infrastructure procurement framework. The potential critical success factors are identified and grouped into a number of categories that match the theories of transaction cost economics. These categories include (1) Asset Specificity, (2) Organizational Capability, (3) Transaction Frequency, (4) Behavioural Uncertainty, and (5) Environmental Uncertainty. These potential critical success factors may be subject to an empirical test in the future. The proposed framework will offer decision makers with an insight into project life cycle economic outcomes needed to successfully deliver PPPs.

• Journal of Korea Multimedia Society
• /
• v.17 no.9
• /
• pp.1104-1114
• /
• 2014

In large-scale crowd simulations, it is very important for the decision-making system of manipulating interactive behaviors to minimize the computational cost for controlling realistic behaviors such as collision avoidance. In this paper, we propose a large-scale realtime crowd simulation method using the affordance and navigation potential fields such as attractive and repulsive forces of electromagnetic fields. In particular, the model that we propose locally handles the realistic interactions between agents, and thus radically reduces the cost of expensive computation on interactions which has been the most problematic in crowd simulation. Our method is widely applicable to the expression and analysis of various crowd behaviors that are needed in behavior control in computer games, crowd scenes in movies, emergent behaviors of evacuation, etc.