• Title/Summary/Keyword: Share of cost

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Economic Analysis of Providing Personal Protective Equipment for Residents near Chemical Plants (화학공장 인근 주민의 개인보호장구 지급에 관한 경제성 분석)

  • Han, Don-Hee;Chang, Young-Jae;Park, Min Soo
    • Journal of Environmental Health Sciences
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    • v.43 no.5
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    • pp.431-437
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    • 2017
  • Objectives: To protect the health and safety of residents during chemical accidents, the governmental authorities need to provide personal protective equipment (PPE) to citizens who desire it. This study aims to investigate residents'awareness of PPE and perform an economic analysis on providing PPE to residents near chemical plants prior to the establishment of a related law. Methods: This study was carried out through a questionnaire completed by 600 residents composed of items such as residents'awareness of PPE, what type of PPE they need, and how to purchase PPE. Economic analysis (cost-benefit analysis) was conducted on providing PPE to residents near chemical plants on basis of the Gumi City hydrogen fluoride accident of 2012. Results: The results of the questionnaire showed that most residents recognized the need for PPE preparedness for chemical accidents, in particular, for respirators. The level of expense that respondents were prepared to shoulder to share the burden was $25. Except for chemicals of hazard level 2, the benefit of all kinds of chemical accident preparedness considerably exceeded costs in the cost-benefit analysis on providing PPE. An estimated government budget of $20 million per year would be required to provide PPE (hood-type mask) for all residents within a one-kilometer radius of chemical plants in Korea, but only $5.8 million when residents share the expenses. Conclusion: The results of this study suggest that programs for providing PPE for residents near chemical plants should be established by law.

An Analyzing the Cost-Saving Effect of R&D Investment: Focusing on the ICT Industry (연구개발투자에 따른 비용저감 효과 분석: ICT산업을 중심으로)

  • Pak, Cheolmin;Han, Jeongmin;Ku, Bonchul
    • Journal of Technology Innovation
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    • v.24 no.3
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    • pp.81-105
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    • 2016
  • The purpose of this study is to estimate the cost-saving effect of R&D investment in the ICT industry. As is well known, the R&D investment induces both the product innovation and the process innovation, in turn leads the effect of creating profit and cutting cost. However, it appears that studies concerned with the cost-saving effect of R&D investment have been unproductive, while most existing studies concentrate on the topic involved with the creating profit of R&D investment. Therefore, we extend the effect of R&D investment to a framework of the cost-saving focusing on the ICT industry. To empirically analyze the effect, we built a simultaneous three-equation model comprising a translog cost function and two cost share equations, and employed the SUR analysis. As a result, we found out that the cost-saving effect on the total cost is statistically significant. In addition, we examined relationships between the R&D investment and each cost of production elements. The results show that on the one hand, the R&D investment and the intermediate good cost have the substitution relationship. On the other hand, the complementary relationship is observed between the R&D investment and each labor or capital cost.

The impact of technology on resource sharing (정보기술이 자원공유에 미치는 영향)

  • 이영자
    • Journal of Korean Library and Information Science Society
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    • v.22
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    • pp.205-244
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    • 1995
  • Originally the concept of the traditional resource sharing has been discussed in the context of bibliographic materials, and has been labor-intensive and high-cost activities. The technology has had a great impact on such pattern of the resource sharing, and has expanded the limited scope of the traditional concept into the sharing of library information in the levels of local, regional and national systems, and expertise, materials, facilities, equipments and personnels of the library system. While the traditional circulation service as a basic method to share library materials by users can provide the resource to a single person at a time, the electronic resource can be shared, by multi-users at a time anytime anywhere. The maximization of the electronic resource sharing requires that publishing process should be fundamentally changed and articles, books, chapters, speech manuscripts, music scores, maps, sound, and other formats of materials should be prepared in machine readable format. This study examined the positive effects of the technology on the resource sharing, but not investigate the concrete and complex problems as to the cost, guidelines, detailed procedures, design details, and intellectual properties and protection involved in the resource sharing. Some findings extracted from the study can be summarized as follows; (1) ILL will lose its meaning as a method to share the materials if they are all in the electronic format and the phrase 'networked information resource' becomes omnipresent. (2) The technology keeps on changing the concept of resource sharing. Today, the scope of resource sharing not only encompasses the sharing of the primary and secondary materials but also the sharing of the processings(eg. cataloging), expertise, user education, special facilities, and the integrated automated library systems. (3) The sharing of the networked resource will be a method to provide better services for library users in the low cost. (4) The a n.0, pplication of the technology to the resource sharing should be focus on the method which allows an end-users to do the direct access to the needed materials, and to be delivered the primary document as soon as possible.

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A Study on the Activation Plan of Busan Port (Focused on northeast feeder network service cost, From LA to China and Japan)

  • Han, Yu-Nam;Yoon, Mi-Sun;Kang, Dal-Won;Kim, Hyun;Kwak, Kyu-Seok;Nam, Ki-Chan
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2006.10a
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    • pp.203-212
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    • 2006
  • The purpose of this research is to suggest the activation plan of Busan port. In the past years, Busan port enjoyed the golden days because of the China's rapid economic growth. But China's continuous development of ports, the trend of increasing container ship size and increasing direct call to China are coming threats to Busan port. So Korea needs to revise the 'Northeast Logistics Hub' strategy because it is considered that Korea ports continuously will handle China's transshipment cargoes. But now China's transshipment cargo share has decreased by direct call to China ports. It means that China has a lot of its local cargoes, so many ship companies change liner service route to handle China cargoes except Bussan ports although Busan port is included in the main trunk route. In the future, Bussan port will not be able to compete again about throughput with China ports if Busan port's transshipment cargo share decreases. So we must find out and develop Busan port's strength which is the competitive edge. By good luck, Busan port has a few opportunities such as the developed feeder network service and geographical advantages. Busan port has many feeder network service like spider's web in any northeast countries so we can suggest that if Japanese shippers use Busan port to distribute their cargoes to Japanese local areas, its transport costs are cheaper than when they use Japan's main ports. In this paper analyzed side of cost when they use Bussan port like hub to distribute their cargo to their local areas. Because most companies tried to reduce the total cost about logistics. Finally, this paper suggests when northeast shippers(China, Japan) use Bussan port which is more economical than their local main ports.

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New Scheduling Algorithm for Fairness Criteria of ATM ABR (ATM ABR의 공평성들을 위한 새로운 스케쥴링 알고리즘)

  • 오미진;강정림;정경택;정동수
    • Proceedings of the IEEK Conference
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    • 2002.06a
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    • pp.81-84
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    • 2002
  • The WRR scheduling algorithm is widely used in ATM networks due to its simplicity and the low cost of hardware implementation. It guarantees minimum cell rate according to the weight of each queue. The fairness is a important factor for ABR service. That is, Scheduling algorithm allocates network resources fairly to each VC. In this paper, we propose a scheduling algorithm for satisfying the two fairness criteria, MCR plus equal share and Maximum of MCR or Max-Min share, among the six criteria defined by ATM Forum TM 4.1 specification. The WRR, Nabeshima et al, and the proposed scheduling algorithms are compared with respect to fairness and convergence time throughout experimental simulation.

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A Study on Estimating the Land Developer's Share of Infrastructure Cost : Focused on the Road Facility of Residential Development (간선시설 설치비용의 합리적 분담분 추정 : 택지개발사업시 조성되는 도로시설을 중심으로)

  • Kim, Tae-Gyun;Choi, Dae-Sik
    • Land and Housing Review
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    • v.3 no.3
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    • pp.241-248
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    • 2012
  • Although infrastructure cost comprises the great proportion of residential development cost, all of it tends to be borne by land developers which develop large area. This brings about free-riding by adjacent small development or built-up area, followed by the equity problem in terms of infrastructure development cost sharing and the privatization of development gain. This study aims to establish the method to analyze free-riding on the transportation infrastructure(roads) and investigate empirically how much the free-riding occurs. It sets several development scenarios to calculate the part generated by Bucheon Sangdong district, the case area of this study, of all the traffic flow on the roads. The Network analysis is used to estimate the proportion, by development scenarios, of traffic flow, travel time, and travel cost. As a result, the developer of Bucheon Sangdong district is responsible for 83% of the construction cost of selected roads. The methodology and empirical result of this study would contribute to determine who are liable for the infrastructure facilitation and to estimate how much of the cost the obligators have to share.

Critical Issues in Automotive Software Ecosystems and Development Approach (자동차 소프트웨어 생태계 관련 주요 이슈 및 발전방안)

  • J.S. Kim
    • Electronics and Telecommunications Trends
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    • v.38 no.5
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    • pp.81-89
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    • 2023
  • Software is becoming increasingly important, accounting for more than 90% of the innovations in the automotive industry nowadays. In fact, the share of software in the automotive market is estimated to be around 40%. Accordingly, the shift from hardware- to software-centric vehicles, represented by software-defined vehicles (SDVs), will drastically reorganize the automotive industry ecosystem. This article presents challenges that the automotive ecosystem needs to solve and measures that each participant in the ecosystem should adopt in line with the transition to SDVs in the automotive industry. It is expected that tier-1 suppliers will face difficulties due to the decoupling of software and hardware, and OEMs will need to strengthen cooperation to share costs and shorten development periods to cope with the huge cost of software development.

Energy Flexibility for More Wider Uses (소비자 중심의 태양광 에너지 역할의 다변화)

  • Kim, Kyung-Soo;Kang, Gi-Hwan;Yu, Gwon-Jong;Yoon, Soon-Gil
    • 한국태양에너지학회:학술대회논문집
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    • 2011.04a
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    • pp.15-16
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    • 2011
  • In this paper, I suggested the energy flexibility for photovoltaic energy. The cost for PV is surely high. But renewable energy is an one of the key solution for next energy resource. The latest technology needs more electricity. So many people are carrying more mobile charge in their batteries. Looking at the poor country people and nation, it is necessary to supply and share the advanced energy resources like photo voltaic. So in this open seminary I want to share the idea for this theme. The detail discussion will be shown in the following paper.

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Cost Management System for Mechanical, Electrical, and Plumbing(MEP) Coordination Using Building Information Modeling(BIM) - A Case Study (BIM 기반 MEP 설계 조율 프로세스 분석을 통한 비용 관리 시스템 개발 사례 연구)

  • Won, Jongsung;Ham, Sungil;Jang, Sejun
    • Journal of the Korea Institute of Building Construction
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    • v.22 no.2
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    • pp.195-205
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    • 2022
  • This paper aims to propose a cost-based mechanical, electrical, and plumbing(MEP) coordination process using building information modeling(BIM). The proposed process can help project participants eliminate identified clashes between the MEP elements, analyze trends relating to MEP costs during the coordination process, and share their findings. MEP quantity-related information extracted through BIM was integrated with the cost database and schedule information. To check the applicability of the proposed process, it was applied to a construction project in South Korea. Through the application of the proposed process, MEP-related cost was reduced.

Economic Efficiency of the Korean Container Terminals: A Stochastic Cost Frontier Approach

  • Seokwoo Jake Choi;Gi-Su Kim;BoKyung Kim
    • Journal of Korea Trade
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    • v.26 no.3
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    • pp.23-44
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    • 2022
  • Purpose - Recent issues such as vessel enlargement, strengthening of environmental regulations, and port smartization are expected to increase costs and intensify competition in the port industry. In the new normal era, when external growth has reached its limit, the efficient operation of ports is becoming indispensable for achieving sustainable growth. This study aims to identify the determinants of inefficiency by examining the cost structure and efficiency of container terminals in Korea and furthermore propose the political implications to derive the maximization of efficiency. Design/methodology - This study estimates the cost function of container terminal operators and identifies the efficiency of container terminals using stochastic cost frontier (SCF) in the first stage. In the second step, the SCF results are compared with the data envelopment analysis (DEA). Last, this paper proposes efficiency determinants on container terminal operation to establish appropriate strategies. Out of the 29 container terminal operators in South Korea, 13 operators participated in the survey. The translog cost function was estimated utilizing a total of 116 observations collected over the 2007-2017 period. Findings - Empirical analysis shows that economies of scale exist in Korea's container ports, which provides a rationale for the government's policy to establish the global terminal operator by integrating small terminal operators to enhance competitiveness. In addition, as a result of the determinants analysis, container throughput, weight of direct employment costs, and labour cost share have positive effects on improving cost efficiency, while inefficiency increases as the length of quay increases. More specifically, cost efficiency improves as the proportion of direct employment costs to outsourcing service costs increases. Originality/value - This study contributes to analyzing the inefficiency factors of container terminals through efficiency analysis with respect to a cost function. In addition, this study proposes the practical and political implications, such as establishing a long-term manpower pool, the application of the hybrid liner terminal system, and the construction of a statistical data system, to improve the cost inefficiency of terminal operators.