• Title/Summary/Keyword: Test Cost

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Optimal Life-Cycle Cost Design of Steel Box Girders (강박스 거더의 생애주기비용 최적설계)

  • Shin Yung-Seok;Park Jang-Ho;Lee Hyun-Sub;Ahn Ye-Jun
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.18 no.4 s.70
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    • pp.445-452
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    • 2005
  • This paper presents a design method to minimize Life Cycle Cost (LCC) of steel box girders. The LCC considered in this paper includes initial cost, expected life-cycle maintenance cost and repair cost. A load carrying capacity curve is derived from a condition grade curve of steel girders and load tarrying capacity that is measured in safety diagnostic test. And then, optimal design of steel box girders is performed on the basis of load carrying capacity curve. In this paper time and number of times for repair of steel girders are determined based on the calculated load carrying capacity curve. Also, annual costs considering real discount rate are compared and analyzed in various cases. It is concluded that the optimal design of steel box gilders considering LCC by the presented method will lead to more economical and safer girders than conventional design.

Financial Disclosure and the Cost of Equity Capital: The Empirical Test of the Largest Listed Companies of Kazakhstan

  • Baimukhamedova, Aizhan;Baimukhamedova, Gulzada;Luchaninova, Albina
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.3
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    • pp.5-17
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    • 2017
  • This study extends research into whether disclosure of corporate and financial information is associated with firms' costs of equity capital. This study sets out to examine empirically the determinants of corporate disclosure in the annual reports of 37 largest and most liquid firms listed on Kazakhstan Stock Exchange (KASE) in Kazakhstan. It also reports the results of the association between company-specific characteristics and disclosure of the sample companies. Based on the analysis of existing empirical research, the disclosure index has been constructed and regression analysis of the influence of the disclosure index on the cost of equity capital has been conducted. The obtained results show that the received findings correlate with foreign empirical studies, and the disclosure index in this sample has a negative impact on the cost of equity capital. Using cost of equity capital estimates derived from capital asset pricing model, we find that firms with higher levels of financial transparency are associated with significantly lower costs of equity capital. Economic theory assumes that by increasing the level of corporate reporting, firms not only increase their stock market liquidity, but also decrease the investors' estimation risk, arising from uncertainty about future returns and payout distributions. The results show that firms on the Kazakhstan market can reduce their cost of equity capital by increasing the level of their voluntary corporate disclosures.

A Study on the Attribution of Expected Selection and Perceptual Satisfaction Factor in Wedding Dress and Wedding Make-up (신부의 웨딩드레스와 화장에 대한 기대선택 속성과 지각만족 요인에 관한 연구)

  • Yoo, Jae-Suk;Yoo, Tai-Soon
    • Fashion & Textile Research Journal
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    • v.8 no.1
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    • pp.55-63
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    • 2006
  • The purpose of this study examines difference of cunsumer satisfaction by expected selection attribute of wedding dress and bride make-up. It is looking into influencing variables in consumer satisfaction, and is supplying real information to wedding market. The subjects of this study were 241 women getting married within one year of Daegu. The data were analyzed by using frequency, mean, the standard deviation, ANOVA, duncan test, correlation analysis, cross-analysis. Conclusion obtained from the results and discussions of the research are as follows: 1) In the attribution of expected selection according to occupation, blue-collar women are concerned about cost factor but they are low content with the perceptual satisfaction factor. 2) When selecting places for wedding dresses and wedding make-up, in the attribute of expected selection about the number of visiting the shop for wedding dresses and make-up, people who visit over 7 dress shops are highly interested in the appearance fancy degree, advertisements effect factors. But they are concerned with advertisements effect factor, cost factor in the perceptual satisfaction factor about wedding dress. Besides, the more they get chances to visit many dress shops, they are concerned with advertisements, cost factors, and satisfied with both the effect of advertisements and appearance factor degree in the attribution of expected selection about wedding make-up. 3) In the attribution of expected selection about the cost of wedding dresses and make-up, the lower the cost paid, people are interested in price factor. Furthermore, in the attribution of expected selection about the wedding dress and make-up cost, those who spent over 150 million Won are interested in quality, others influence factor, and the case of less than 120~150 million Won, people are highly interested in the appearance fancy degree, advertisements effect factor, and the women are satisfied with the advertisement effect factor in the perceptual satisfaction factor of wedding make-up.

A Case Study of the Economic Performance Measurement of Information System Integration in Public Sector (공공부문 정보시스템 통합의 경제적 성과 측정 사례연구)

  • Jung, Hae-Yong;Ra, Jong-Hei
    • Journal of Digital Convergence
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    • v.8 no.4
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    • pp.185-204
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    • 2010
  • This case study quantifies the savings that can be realized through integration in National Computing & Information Agency (NCIA) of the Korea Government. It is based on the process of the NCIA development project that consolidating and integrating distributed 24 agencies. And it used the widely accepted Gartner TCO (Total Cost of Ownership) Solution and applies that methodology consistently before and after integration. Specific measurement items for examining the information system integration saving cost are developed pilot test for 2 agencies through compare TCO before integration and TCO after integration. The results of measuring on information system integration in NCIA are showed lots of economic cost reduction in TCO by integrating and consolidating each computing environment in agency. Especially in detail, NCIA realized the most savings in IT Capital Cost including development of hardware, software and recovery system. Also IT Support Cost and IT Administration Cost examined more savings than before IT integration.

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An efficient robust cost optimization procedure for rice husk ash concrete mix

  • Moulick, Kalyan K.;Bhattacharjya, Soumya;Ghosh, Saibal K.;Shiuly, Amit
    • Computers and Concrete
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    • v.23 no.6
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    • pp.433-444
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    • 2019
  • As rice husk ash (RHA) is not produced in controlled manufacturing process like cement, its properties vary significantly even within the same lot. In fact, properties of Rice Husk Ash Based Concrete (RHABC) are largely dictated by uncertainty leading to huge deviations from their expected values. This paper proposes a Robust Cost Optimization (RCO) procedure for RHABC, which minimizes such unwanted deviation due to uncertainty and provides guarantee of achieving desired strength and workability with least possible cost. The RCO simultaneously minimizes cost of RHABC production and its deviation considering feasibility of attaining desired strength and workability in presence of uncertainty. RHA related properties have been modeled as uncertain-but-bounded type as associated probability density function is not available. Metamodeling technique is adopted in this work for generating explicit expressions of constraint functions required for formulation of RCO. In doing so, the Moving Least Squares Method is explored in place of conventional Least Square Method (LSM) to ensure accuracy of the RCO. The efficiency by the proposed MLSM based RCO is validated by experimental studies. The error by the LSM and accuracy by the MLSM predictions are clearly envisaged from the test results. The experimental results show good agreement with the proposed MLSM based RCO predicted mix properties. The present RCO procedure yields RHABC mixes which is almost insensitive to uncertainty (i.e., robust solution) with nominal deviation from experimental mean values. At the same time, desired reliability of satisfying the constraints is achieved with marginal increment in cost.

Microbial Contamination of Reusable Suction Container and Cost Analysis of Reusable Suction Container and Disposable Suction Container (재사용 흡인 용기의 미생물 오염도 및 재사용 흡인 용기와 일회용 흡인 용기의 비용 분석)

  • Ku, Eunyong;Lee, Gukgeun;Jeon, Miyang;Choi, Jeonghwa;Lee, Youngok
    • Journal of Korean Biological Nursing Science
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    • v.21 no.2
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    • pp.133-140
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    • 2019
  • Purpose: The purpose of this study was to check the degree of residual microbial contamination after disinfection of reusable suction containers, used in an intensive care unit (ICU) and present basic data for efficient use through cost analysis in comparison to disposable suction containers. Methods: This study was conducted on 32 reusable suction containers used in an ICU on a selected specific day. After disinfection and washing, specimens were collected from the used containers and cultured to check for microbial contamination. Additionally, a comparative narrative study analyzes the cost of using reusable suction containers and disposable suction containers. Data were analyzed with the SPSS WIN 20.0 program using real numbers and percentage ${\chi}^2$-test. Results: As a result of the study, microorganisms were found in all samples where in 30 were gram-positive (62.5%) while 13 were gram-negative (27.1%). Based on level of contamination, microorganisms were less than 10CFU/ml in 18 samples (56.3%); 11-99CFU/ml in six samples (18.8%); and more than 100CFU/ml in eight samples (25%). Cost per day for a reusable suction container was $10,655+{\alpha}$ while cost per day for a disposable suction container was 10,666 won. Conclusion: This study found that reusable suction containers, even after disinfection, accounted for factors of potential infection as well as microbial contamination. So, disposable suction containers are superior in cost-effectiveness and highly efficient for use with infected patients.

The Relationship between Environmental Management Practices and Environmental Operational Performance: The Moderating Role of Cost Structure Uncertainty (환경경영 활동과 환경운영 성과의 관계: 비용구조 불확실성의 조절적 역할)

  • Jinsoo Park;Sunghee Lee
    • Journal of Korea Society of Industrial Information Systems
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    • v.29 no.5
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    • pp.125-137
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    • 2024
  • This study aims to analyze the relationship between environmental management practices and environmental operational performance, and empirically verify the moderating effect of cost structure uncertainty in this relationship. To test the hypotheses proposed in this study, a moderation analysis using hierarchical regression was conducted. Results reveal an inverted U-shaped relationship between environmental practices and operational performance, moderated by cost structure uncertainty. While environmental practices initially lead to operational performance improvements, benefits diminish beyond a certain threshold. Higher cost uncertainty lowers the optimal level of environmental practices. These findings provide important implications for corporate environmental strategy formulation. Rather than indiscriminately expanding environmental practices, firms should identify optimal levels and adopt strategic approaches considering cost uncertainty.

The Production Process and Mock-up Test of Freeform Concrete Segments using LOM type 3D Printer (LOM 방식 3D 프린터를 이용한 비정형 콘크리트 부재 생산 프로세스 및 Mock-up test)

  • Lee, Dong-Youn;Lee, Dong-Min;Cho, Hun-Hee;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.18 no.1
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    • pp.89-98
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    • 2018
  • Recently, the importance of the construction technology of the free-formed buildings is becoming more significant, as the interest and demand for the free-formed buildings are increasing. However, it takes much time and cost during the construction of free-formed buildings because the current construction technique of freeform concrete segments is manufactured by a formwork. Therefore, in this study, we suggested a new manufacturing process based on the LOM-type 3D printer for freeform concrete segments that can shorten construction time and reduce cost when constructing freeform concrete segments, and we also verified the feasibility of production process through mock-up test. The result shows that the suggested process shortened 47.8% of production time and saved 56.2% of cost compared to the existing steel formwork method. In conclusion, it is expected that the production method of freeform concrete segments using 3D printer will contribute to the improvement of productivity of freeform concrete segments construction and the activation of new construction method for free-formed building construction.

The Comparative Analysis of the Present and Expected Level on Meal-Price and Facilities Investment Cost Perceived by Foodservice Managers of Contract-Managed Highschools in Seoul (서울시내 고등학교 위탁급식의 급식비와 투자비의 실태 및 위탁업체의 기대수준 비교 분석)

  • Bae, Hwan-Mee;Kim, Hyun-Ah;Shin, Seo-Young;Jo, Mi-Na;Park, Su-Yeon;Cha, Jin-A;Yi, Bo-Sook;Yang, Il-Sun
    • Journal of the Korean Society of Food Culture
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    • v.17 no.5
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    • pp.578-583
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    • 2002
  • The purposes of this study were to a) find out the operational characteristics of the contract-managed highschool foodservice in Seoul, b) investigate the expected level of meal-price and facilities investment cost perceived by contract-managed highschool foodservice managers c) compare the present level and expected level of meal-price and facilities investment cost. From October 12 to November 13 in 2001, the questionnaires were mailed to 249 high schools which was managed by contract foodservice company with respondent rate 40.2%. Data were analyzed using SPSS Win(10.0) for descriptive analysis and one group paired t-test. The results of this study were as follows ; 1. The student enrollment of highschools run by contract-managed foodservice was 1,243 with 72.6% participation rate of school lunch program. The average meal-price was 2,138 won. The average annual period of school foodservice operation was 156.78 days per year. The average contracting period was about 3 years. 2. The average cost concerned in the facilities investment amounts 169,578,180 won at the initial investment and 25,204,092 won at the repairs and maintenance cost in the course of operation. 3. The present level of meal-price and facilities investment cost were respectively 2,136won/meal and 171,157,336.72 won. And expected level of meal-price and amount of facilities investment cost were 2,418.75 won and 121,353,215.19 won. Comparing the present level with the expected level of the meal- price and facilities investment cost, expected level of meal-price was significantly higher than the present level of meal-price(p<.001) and expected level of facilities investment cost was significantly lower than present level of facilities investment cost(p<.001).

A Hybrid Cloud Testing System Based on Virtual Machines and Networks

  • Chen, Jing;Yan, Honghua;Wang, Chunxiao;Liu, Xuyan
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.14 no.4
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    • pp.1520-1542
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    • 2020
  • Traditional software testing typically uses many physical resources to manually build various test environments, resulting in high resource costs and long test time due to limited resources, especially for small enterprises. Cloud computing can provide sufficient low-cost virtual resources to alleviate these problems through the virtualization of physical resources. However, the provision of various test environments and services for implementing software testing rapidly and conveniently based on cloud computing is challenging. This paper proposes a multilayer cloud testing model based on cloud computing and implements a hybrid cloud testing system based on virtual machines (VMs) and networks. This system realizes the automatic and rapid creation of test environments and the remote use of test tools and test services. We conduct experiments on this system and evaluate its applicability in terms of the VM provision time, VM performance and virtual network performance. The experimental results demonstrate that the performance of the VMs and virtual networks is satisfactory and that this system can improve the test efficiency and reduce test costs through rapid virtual resource provision and convenient test services.