• Title/Summary/Keyword: Quantifying Benefits

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A Study on Quantifying the Societal Benefits Attributed to IHD Deployments (댁내 전력정보표시장치(IHD) 보급에 따른 사회적 혜택 정량화 연구)

  • Jung, Nam-Joon;Yang, Il-Kwon;Song, Jae-Ju;Choi, Seong-Hwan;Ko, Jong-Min
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.9
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    • pp.1587-1592
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    • 2010
  • In this paper, the beneficial effects of IHD deployments on the society were investigated, which is one of the enabling technologies related to the AMI investments. By focusing on the energy use reduction due to the feedback information from IHD, various favorable effects can be induced and quantified. The societal benefits should make a reasonable contribution to ensure that IHD should be prerequisite to the AMI deployments. In future, the quantification methodology would be applied to characterize and estimate the time-varying rate based demand response programs.

Estimation of Greenhouse Gas Emissions as Highway Design Types by Using Driving Simulator (차량시뮬레이터를 활용한 도로기하구조 조건별 CO2 산정 연구)

  • Chong, Sang Min;Lee, Jong-Hak;Choi, Jaisung;Kim, Jong-Min;Noh, Kwan-Sub
    • International Journal of Highway Engineering
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    • v.16 no.6
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    • pp.129-136
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    • 2014
  • PURPOSES : This study devotes its energies to estimate greenhouse gas emissions for types of horizontal highway designs. METHODS : This paper suggested two types of road scenarios, scenario 1 is made by the lack of road design consistency. Beside scenario 1, scenario 2 is made by good road design. For comparisons of greenhouse gas emissions, driving simulator was used. RESULTS : Emission rates of road scenario 1 are 1.4 times higher than scenario 2 in the driving simulator. CONCLUSIONS : This study may have important implications for contributing to the application of road alignment technology for reduction of greenhouse gases as quantifying the correlations between greenhouse emissions and various road alignments. Consequently, this study will help road designers determine which roads are best alternatives in the process of choosing the roads in the future in terms of environmental benefits.

A COST-BENEFIT ANALYSIS OF INTEGRATING ERP SYSTEMS WITH PROJECT MANAGEMENT SYSTEMS IN CONSTRUCTION

  • BooYoung Chung;Miroslaw J. Skibniewski
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.575-586
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    • 2005
  • This paper presents an approach to quantifying the costs and benefits of integrating ERP systems with project management systems, including potential time and cost savings. To properly identify the costs and the benefits, the paper shows the relevant construction information flows and the desired milestones in the integration process. The proposed benefit analysis model should allow construction firms considering the integration of their ERP systems with legacy systems or commercial project management software make informed decisions in regard to the existing alternatives in the early stages of decision making.

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A Case Study of Economic Analysis on R&D Investment (R&B 투자에 대한 경제성 분석의 사례연구 - 초전도 한류기 개발을 중심으로 -)

  • 조현춘;김재천;박상덕
    • Journal of Technology Innovation
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    • v.6 no.2
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    • pp.159-177
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    • 1998
  • Although each company is trying to develop an economic analysis model with its own particular style or format, the appropriate method is not yet developed because there are many problems to be solved such as uncertainity of outcomes and intangible benefits of technology. The purpose of tris paper therefore is to suggest an economic analysis methodology, which reflects the complexity and the risk of R&D investment, through a case study on the development of a superconductor fault current limiter. A self-developed Monte Carlo simulation program utilized as a main tool in this paper was very useful for risk analysis of R&D investment which could not be solved in the previous DCF(Discounted Cash Flow) model. We also introduce learning effect to consider the intangible benefits such as Know-How obtained from R&D execution. The expected value and its probability distribution for R&D investment can be obtained by combining the Monte Carlo method with the decision tree approach. This result is helpful in judging the priority and the resource-allocation of R&D projects. It is however necessary to develop more precise model for quantifying the technology stock and the simulation program using the continuous probability distribution in expected values to improve the reliability of economic analysis on R&D projects.

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Assessment of Economic Value of Sangkwan Multi-Purpose Reservoir (II): Benefits of Recreational Water (상관 다기능 저류지 조성의 경제적 편익 평가(II): 레크리에이션용수 공급편익을 중심으로)

  • Lee, Joo-Suk;Ryu, Moon-Hyun;Yoo, Seung-Hoon
    • Journal of Korea Water Resources Association
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    • v.46 no.10
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    • pp.997-1004
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    • 2013
  • There is imminent need to find a way to measure the recreational benefits of water so that appropriate actions can be taken to make a multi-purpose reservoir. Therefore, this study attempts to apply a choice experiment to quantifying the recreational benefits of a multi-purpose reservoir, using a specific case study of Sangkwan multi-purpose reservoir. We consider the trade-offs between price and attributes of recreational attributes for selecting a preferred alternative and derive the marginal willingness to pay (MWTP) estimate for each attribute. The results show that the MWTP for providing additional 10,000 ton of water is estimated to be 3 won per household per year. The MWTP for improving 1 level of water quality is computed to be 645.5 won per household per year. Moreover, the MWTP for providing recreation facilities is calculated to be 1,518.6 won per household per year. This study allows us to provide policy-makers with useful quantitative information that can reduce uncertainty in the decision-making process related to a multi-purpose reservoir construction projects.

A Meta-study of Extensive English Reading Researches

  • Kim, Jeong-Ryeol
    • English Language & Literature Teaching
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    • v.18 no.2
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    • pp.85-106
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    • 2012
  • This paper examines the role of extensive reading in foreign language learning classrooms. The effects of extensive reading are shown both positive and negative as in Krashen (1999) and Spada (1997), particularly researches done in classroom setting. Extensive reading is hard to implement in foreign language classrooms due to the stringent school curricula despite its benefits in cognitive and affective domain of learners. This study searched 21 papers from research database on extensive reading researches in a classroom setting and synthesized 55 cognitive effects and 11 affective effects from these papers under investigation in a manner of quantifying their means and standard deviations to derive generalizations. Research synthesis in this manner has secured its own status of scientific investigation by providing secondary researchers with replicable methods that produce verifiable findings. The syntheses of researches show that extensive reading is effective in both literacy skills and other language skills such as listening and writing. It also shows positive effects across different age groups, but the effect sizes are different in that elementary and adults gained more positive effects than middle and high school students.

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Quantifying the Value of Floats (작업여유시간의 가치 정량화 방법론)

  • Park, Young-Jun;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.123-124
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    • 2015
  • The project participants make use of floats for their benefits. The owner may consume floats in an event of issuing change order(s) and may avoid the risk factors attributed by them; the contractor may reduce activities' costs by substituting the activity with alternative construction method and by leveling the resources, hence consuming floats. There are a lot of disputes and claims involved in the float ownership issue. The ownership of floats should be stipulated in the contract stage. To alleviate these disputes and claims, it is commendable to develop a computational method that quantifies the float value. This paper presents the method that computes the values of total floats which changes over the project life span. The system calculates CPM, compute the ratio of area of banana curve which is enclosed by earliest start curve and latest start-curve.

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A Methodology to Quantifying Benefit for Implementing Smart-Pipe to Lifeline Systems (라이프라인의 Smart-Pipe 시스템 도입을 위한 이익정량화 방안)

  • Jun, Hwan-Don;Kim, Joong-Hoon;Cho, Moon-Soo;Baek, Chun-Woo;Yoo, Do-Guen
    • Journal of the Korean Society of Hazard Mitigation
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    • v.8 no.4
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    • pp.61-66
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    • 2008
  • As the water distribution system which is one of the critical lifeline system is deteriorated and pipe failures occur frequently, the more efficient pipe monitoring system becomes a critical issue in the water industry. One of the pipe monitoring systems is called "Smart-pipe System" which is permanent, comprehensive and an automated SIM (Structural Integrity Monitoring) system and has superiorities to existing monitoring system. To implement a smart-pipe system on a water distribution system, assessment of its indirect benefit obtaining from smartpipe such as the ratio of preventing water main failures must be preceded. However, only some researches on this field have been performed. In this paper, the concept of smart-pipe system is compared with the current monitoring systems for a water distribution system, and a method to quantify its benefit using the inconvenient time for customers is suggested. The suggested method was applied to a real water distribution system to estimate its applicability and benefit.

A Discussion of the Two Alternative Methods for Quantifying Changes : by Pixel Values Versus by Thematic Categories (변화의 정량화 방법에 관한 고찰 : 픽셀값 대 분류항목별)

  • Choung, Song-Hak
    • Journal of Korean Society for Geospatial Information Science
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    • v.1 no.1 s.1
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    • pp.193-201
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    • 1993
  • In a number of areas, there are important benefits to be gained when we bring both the detection and monitoring abilities of remote sensing as well as the philosophical approach and analytic capabilities of a geographic information system to bear on a problem. A key area in the joint applications of remote sensing technology and GIS is to identify change. Whether this change is of interest for its own sake, or because the change causes us to act (for example, to update a map), remote sensing provides an excellent suite of tools for detecting change. At the same time, a GIS is perhaps the best analytic toot for quantifying the process of change. There are two alternative methods for quantifying changes. The conceptually simple approach is to un the pixel values in each of the images. This method is practical but may be too simple to identify the variety of changes in a complex scene. The common alternative is called symbolic change detection. The analyst first decides on a set of thematic categories that are important to distinguish for the application. This approach is useful only if accurate landuse/cover classifications can be obtained. Persons conducting digital change detection must be intimately familiar with the environment under study, the quality of the data set and the characteristics of change detection algorithms. Also, much work remains to identify optimum change detection algorithms for specific geographic areas and problems.

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