• Title/Summary/Keyword: Price calculation

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A study on the MVNO Wholesale Price in Competitive Communication Service Market (경쟁적인 통신서비스 시장에서 MVNO 도매대가 산정에 관한 연구)

  • Sawng, Yeong-Wha;Bae, Khee-Su;Jeon, Heung-Joo
    • Journal of Information Technology Applications and Management
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    • v.19 no.2
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    • pp.217-231
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    • 2012
  • In the past, companies should make enormous facility investment and acquire a right to do business in order to join communication markets, but now they can do business without important facilities, such as communication networks. Such a movement to ease regulations about companies which want to newly join the communication industry is expected not only to change a competition frame of the mobile communication market but also to greatly affect the entire communication industry. Through this study aiming to look into a way to calculate a reasonable wholesale price related to the government's introduction of the Mobile Virtual Network Operator (MVNO) system, I came up with a following result. I applied the operating profit percentage and the ratio of operating gain to cost to the cost plus model and retail minus model, respectively, to calculate the wholesale price and found that when I calculated with the cost plus model applying the operating profit percentage, I could get the highest wholesale price. On the other hand, I got the lowest wholesale price with the retail minus model by applying the operating profit percentage. Division of expenses and calculation of profit percentage are important factors in calculating the wholesale price and such results are expected to help accurate calculation of the MVNO wholesale price.

A Study for The Pharmaceutical Pricing Standard of the National Health Insurance in Japan (일본의 건강보험 약가 산정기준에 관한 연구)

  • Ryu, Chung-Kul
    • Korea Journal of Hospital Management
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    • v.14 no.4
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    • pp.52-70
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    • 2009
  • This study is to analyse the reimbursement prices of drugs in Japan. Japan has the world's second-largest pharmaceutical market, and the world's largest price-controlled pharmaceutical market. The reimbursement prices of new drugs in Japan are determined by confidential negotiations between the manufacturer and the Japanese Ministry of Health, Labor, and Welfare. Pharmaceuticals account for a larger share of total healthcare expenditures in Japan than in most other major pharmaceutical markets such as France, Germany, United Kingdom and United States. Prescription drugs' share of total healthcare spending has slightly increased in recent years, from 20.2% in 2000 to 21.5% in 2004, the most recent year for which data are currently available. This trend is attributable to the effect of the Japanese rapidly aging population that stimulates demand for healthcare services. There are several method of price setting for drugs as below. First, on the initial pricing of branded drugs, is the similar-efficacy pricing method and cost calculation method. Second is postmarketing price changes which are biennial price revisions under the rule of National Health Insurance. Third is the rule of the generics price. Recently, the generics market is expanded because there are increasing numbers of hospitals by DPCs(Diagnosis-procedure Combinations).

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A New Approach to Calculation of the Components of Locational Marginal Price (모선별 한계가격의 구성요소 산정 기법)

  • Lee Ki-Song;Jeong Yun-Won;Shin Joong-Rin;Kim Jin-Ho;Park Jong-Bae
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.55 no.8
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    • pp.341-350
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    • 2006
  • This paper presents a new methodology to draw the components of locational marginal price (LMP) in electricity market. Recently, the changing environments surrounding electricity industries resulted in the unbundled services provided by electricity market players, which may require the new pricing mechanisms based on the LMP. The changed pricing mechanisms will provide the price signals of time and location to the market participants. Most of the existing studies of LMP are based on the Lagrangian multipliers as shadow prices to evaluate the equivalent values of constraints or factors for security, reliability and quality. However, the shadow prices cannot provide enough information for components of LMP. In this paper, therefore, we proposed a new approach that LMP is divided into three components. To do this, we first present the method for shadow prices calculation and then break down LMP into a variety of parts corresponding to the concerned factors. The proposed approach is applied to 5-bus and modified IEEE 14-bus sample system in order to verify its validity.

Study of a Online Survey System for Monitering of Construction Cost on Construction Site (건설현장 시장가격 모니터링을 위한 온라인 상시조사에 관한 기초연구)

  • Lee, Ju-hyun;Baek, Seung Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.202-203
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    • 2020
  • Unlike price calculation by cost accounting, which categorizes costs into material costs, labor costs, and miscellaneous expenses to determine the construction budget price, construction cost calculation based on Construction Standard Unit Prices utilizes unit prices extracted from market prices of items from projects already completed to estimate costs of similar construction projects. Although unit price information is collected through construction site surveys to revise these construction standard unit prices every year, but due to the limitations of the site survey method, it is difficult to quickly implement the rapid changes in the construction methods and market prices. As such, an important issue that arose was the identification of work items whose prices need urgent revision. This study conducted research on factors that need to be considered when developing online survey system for monitoring construction site market prices. This study is expected to enhance convenience for users, and provide an efficient data collection and management system for administrators.

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A Study on Practical Ways to Improve Pricing Criteria for Technical Service Contracts (기술용역 대가기준의 문제점 및 개선방안)

  • Lee, Taewon;Lee, Ghang
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.2
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    • pp.33-43
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    • 2014
  • Goods, services and construction works needed by central government entities, local government entities, and other public institutions are procured with national budget. For efficient budget execution, Article 9 Paragraph 1 of the Enforcement Decree of the Act on Contracts to Which the State is a Party (hereinafter "State Contract Act") provides for the criteria for determining estimated price. Sub-paragraph 2 of the paragraph provides for the "determination of estimated price by cost calculation". On this legal basis, pricing criteria for the determination of estimated price, based on the project purpose, are announced by responsible authorities. This study analyzes the pricing criteria for technology services and proposes a price calculation methodology that can ensure transparency, as a practical improvement for more rational and efficient budget execution in the public sector.

Calculation for Components of Locational Marginal Price considering Demand-Side Bidding in a Competitive Electricity Market (경쟁시장내의 수요자원입찰을 고려한 모선별 한계가격의 구성요소산정 기법)

  • Kim, Hyun-Houng;Kim, Jin-Ho;Park, Jong-Bae;Shin, Joong-Rin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.7
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    • pp.1157-1166
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    • 2008
  • This paper presents a new approach for the evaluation of location marginal prices (LMPs) considering demand-side bidding (DSB) in a competitive electricity market. The stabilization of the electric power supply and demand balance is one of the major important activities in electric power industry. In this paper, we present an analytical method for calculation of LMPs considering DSB, which has opportunity to compete with generating units, as England & Wales Pool's DSB scheme[1]. Also, we propose a new approach that LMP considering DSB is divided into three components. The proposed approach can be used for the evaluation of demand-side bidding into the electricity market and the assessment of the influence of DSB on total production costs and LMPs as well as three components.

Improvement on the Managerial Method of Price Fluctuation System (물가변동제도 운영방식 개선방안)

  • Lee, Jae-Seob;Shin, Young-Chul
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.2
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    • pp.3-11
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    • 2011
  • There are several causes to recalculate the contract amount in public construction projects. Among them, the escalation clause was introduced in 1969 and now the condition to recalculate the cost is effective after 90 days from the date of contract and the rate of fluctuation should be more than 3% from the date of bidding. The two calculation methods for the rate of fluctuation are item-adjustment and index-adjustment. According to the results of investigation into 4 public institutions and 163 projects, all of them have used the method of index-adjustment and the rate of projects that spend over 6 months obtaining the approval of contract amount adjustment is more than 90%. The reason for spending lots of time is caused by problems of the calculation method on the price fluctuation rate. Therefore, it is necessary that the calculation method should be diversified to cope with the problems and a option of the builder should be expanded as well. Furthermore, if the way to apply correction factors to construction price index and average index based on the producer and consumer price index made by the bank of Korea is added, then the duration will be reduced without additional expenses. This study proposed the diversification of the calculation method using price fluctuation rate and builders' expanded options as improvement on the managerial method of Price Fluctuation System for the prompt and efficient contract amount adjustment.

Dimensioning System

  • Kim, Byeong-Hwi;Kim, Han-Gyeong
    • ETRI Journal
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    • v.8 no.2
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    • pp.167-177
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    • 1986
  • 국설계가 수행된 후 이를 바탕으로 product ordering 을 하기 위해 물자 설계가 수행된다. TDX-1 시스팀의 물자 설계를 위한 TDX-1 dimensioning system 에서 수행되는 내용은 H/W device traffic dimensioning, cable dimensioning, parts calculation, system price estimation, power consumption calculation, spare parts calculation, system optimization 으로서 이들에 대한 구체적인 수행 방법과 절차를 제시하였다. 효율적인 물자산출을 위해 전산 패키지인 "DIMEX"를 개발하였다. DIMEX의 source program 은 C-language로 되어 있으며 UNIX operating system에서 수행된다. DBMS는 troll을 사용하고 있다. Memory size는 troll을 제외하고 약 10,000 block 정도이다. 현재에도 DIMEX 에 대한 기능 보완 및 추가가 VAX750(System5)에서 계속 진행 중에 있다.

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Essay on the Calculation of Appropriate Working Environment Measurement Fees (적정 작업환경측정수수료 산정을 위한 소고)

  • Park, Ji-Yeon
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.31 no.3
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    • pp.274-285
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    • 2021
  • Objectives: The question of whether the level of fees paid to working environment measurement agencies is appropriate has long been a matter of concern to the government. In addition, measurement institutions express dissatisfaction with their level of compensation, which has a great influence on the evaluation of a subject's policy. This study is intended to find a way to appropriately calculate working environment measurement fees. Methods: We looked at the principle of fee determination as a basic theory of fee calculation used in fee calculation, the legal and academic aspects of the general method of fee calculation, and government cost calculation standards. Furthermore, we reviewed the research methods applied so far to derive a method of calculating fees appropriate for this environment. Results: The working environment measurement environment is different from other commission calculation environments. The other environment is to appropriately calculate the service price provided by a monopoly public enterprise, while the situation is to appropriately calculate the fees provided by competitive private enterprises. Therefore, the service delivery environment and the delivery entity are different. In this case, the appropriate method of calculating service fees would be competitive pricing. There have also been many problems under the method of calculation by service cost. Conclusions: First, the working environment measurement fee requires an accounting correction of endogenous variables. Second, the theory of calculating fees appropriate for this situation is appropriate for competitive pricing that applies to private competitors. Third, the government should make efforts to make the service supply market a fully competitive market while ensuring that the service fee level is determined at the marginal cost level. Fourth, economically, research on marginal cost levels is needed.

Calculation of Replacement Price for Alternative Feed Ingredient in Consideration of Nutrient Content in Feed Ingredient Fed to Broiler Chickens (영양소 함량을 고려한 육계 대체 원료사료의 대체가격 계산)

  • An, Su Hyun;Kong, Changsu
    • Korean Journal of Poultry Science
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    • v.45 no.2
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    • pp.73-79
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    • 2018
  • The objective of this study was to calculate the unit price of an alternative feed ingredient for broiler chickens in consideration of the energy and nutritive contents in the feed ingredient by using a simple Excel worksheet. A corn-distiller's dried grains with solubles (corn-DDGS) was used as an alternative ingredient and corn and soybean meal as ingredients to be replaced. The net change of feed price was calculated based on the replacement values which were estimated in consideration of energy and nutrient concentration in feed ingredients used in the calculation, the price of feed ingredients and inclusion rate of the alternative ingredient. The nitrogen corrected apparent metabolizable energy(AMEn) and standardized ileal digestible AA including Lys, Met, Thr, and Trp, total Ca, and available P were employed as nutritive component to calculate the replacement values for individual feed ingredients. The equation for replacement was 1 ${\times}$ corn-DDGS + 0.0334 ${\times}$ soybean oil + 0.0182 ${\times}$ Limestone = 0.8893 ${\times}$ corn + 0.13 ${\times}$ soybean meal + 0.0004 ${\times}$ Lys + 0.0022 ${\times}$ Met + 0.0005 ${\times}$ Trp + 0.0028 ${\times}$ Thr + 0.0264 ${\times}$ dicalcium phosphate. The replacement price of corn-DDGS was calculated to be 270 won/kg when the inclusion rate was 15% and the energy and nutrient contents were considered in the calculation. In conclusion, the Excel-based ingredient price calculator may be useful to determine the economic value when an alternative feed ingredient is used in diets fed to broiler chickens.