• Title/Summary/Keyword: feasibility analysis

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A Study on the Economic Feasibility of 4-bed Rooms in Public Hospitals (공공병원의 4인병실 도입에 따른 경제적 타당성에 관한 연구)

  • Kwon, Soonjung;Chai, Choul Gyun;Choi, Kwangseok
    • Journal of The Korea Institute of Healthcare Architecture
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    • v.20 no.3
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    • pp.41-48
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    • 2014
  • Purpose: At the moment, a lot of Public Hospitals in Korea have adopted 5 or 6 bedrooms as a standard multi-bedroom type. However 5-6 bedrooms have many problems related to inpatient satisfaction and nosocomial diseases. Therefore 4 bedroom is under considering for standard multi-bed room in Public Hospitals in Korea. This paper tries to prove that adoption of 4 bedroom in Public Hospitals has nothing to do with economic loss which is now an obstacle in adopting 4 bedrooms. Methods: 3 Methods have been used in this paper. 1) Comparative analysis between medical insurance fee and service cost for hospitalization has been conducted through literature survey. 2) Scenario analysis has been used for the estimation of inpatient number when 4 bedrooms are adopted in Public Hospitals. 3) Relation analysis between profit and proportion of 4 bedroom in Public Hospitals. Results: Adoption of 4 bedroom as a standard multi-bedroom in Public Hospitals has been proved to have nothing to do with the economic loss of hospitals. Implications: It is necessary to introduce and expand 4 bedrooms instead of 5-6 bedrooms in hospitals for the upgrade of hospital environment and easy control of cross infection in inpatient bedrooms.

Feasibility Study of Laser Cladding for Co-based Coating on SCM440 and GC250 (Co-base 분말을 적용한 SCM440과 GC250의 레이저 클래딩 가공성 평가)

  • Choi, Byungjoo;Lee, Moon G.;Hong, Minsung;Ahn, Byungmin;Jung, Do-Hyun;Lee, Kwangjae;Lee, Chunggeun;Jeon, Yongho
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.26 no.3
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    • pp.337-343
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    • 2017
  • The laser cladding process on structural steel (SCM440) and gray cast iron (GC250) substrates with Co-based powder (Stellite 12) was studied. A diode laser (2 kW) was used as a heat source, and the powder was supplied by a disc rotary powder feeder. The relationship between the laser cladding process and the cross-sectional analysis of coating was examined based on coating shape and microstructure. Additionally, the microhardness was measured to confirm the mechanical property improvements. As a result, proper laser cladding conditions were selected through this study and verified by cross-sectional analysis. In addition, the evaluation process for laser cladding feasibility was conducted on the selected materials.

Life-cycle Cost Analysis of Using Rainwater Harvesting Systems in Hong Kong Residential Buildings (홍콩 주거건물에서 우수활용시스템의 생애주기비용분석)

  • Gao, Xing;Kim, Youngchul;Lee, Hyun Woo
    • Journal of the Korean housing association
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    • v.25 no.3
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    • pp.53-62
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    • 2014
  • This paper investigates whether the use of Rainwater Harvesting Systems (RWHSs) to provide water for washing machines in Hong Kong residential buildings would be financially attractive. In such systems, rainwater is accumulated and reused for doing laundry, garden irrigation, flushing toilets, and even drinking. Thus, the analysis of RWHSs' financial feasibility is essential for construction projects. RainCycle is used to validate financial feasibility, considering particular circumstances and data relevant to the Hong Kong context. A range of different scenarios by adjusting three factors are evaluated: catchment area, water demand, and discount rate. It is suggested that $2,000m^2$ would be a suitable catchment area in a typical Hong Kong residential building and it is demonstrated how water demand and discount rate influence the financial performance of RWHSs. In particular, the financial performance of RWHSs is sensitive to discount rates. The results suggest that the RWH system would be worthwhile for buildings with a lower number of floors, but would barely achieve financial validation in Hong Kong's super high-rise residential buildings.

Economic Feasibility Analysis for P2G Using PEM Water Electrolysis (PEM 수전해를 이용한 P2G에 대한 경제적 타당성 분석)

  • JEONG, SEONJU;CHOI, NAK HEON;MOON, CHANGHWAN;MOON, SANGBONG;LIM, HANKWON
    • Journal of Hydrogen and New Energy
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    • v.28 no.3
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    • pp.231-237
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    • 2017
  • With worldwide efforts to increase the portion of renewable energy for $CO_2$ reductions, a lot of attention has been paid to P2G (power-to-gas) in Europe and Japan to efficiently utilize the surplus electricity. In this paper, economic feasibility analysis has been carried out for P2G using PEM water electrolysis by reflecting current economic status in Korea. In addition, efficiency and electricity price required to be competent in Korean market were provided. Based on cash flow diagrams, unit production costs for $H_2$ and $CH_4$ were estimated and profitability of P2G using PEM water electrolysis was analyzed.

Economic analysis of order communication system for hospitals (처방전달시스템의 경제성분석)

  • Chae, Young-Moon;Lee, Hae-Jong;Park, Chang-Rae
    • Journal of Preventive Medicine and Public Health
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    • v.24 no.4 s.36
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    • pp.473-484
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    • 1991
  • Hospitals have been very susceptable to changes in external environment. Accordingly, they have been experiencing great financial difficulty due to low insurance rates and increasing competition. As a remedy, hospitals have attempted to use computer in a strategic manner. Such system is called strategic information system(SIS), and order communication system(OCS ) is an example of SIS in hospital setting. While OCS has known to be effective in reducing waiting time for outpatients, many hospitals are reluctant to introduce this system mainly because there are no real data or methods for justifying the cost of the system. Cost-benefit analysis has been traditionally used for such purpose, but this method deals with limited portion of benefits and therefore not very useful for analyzing the economic feasibility of SIS. In this paper, information economics tools which expand cost with value was used to analyze the economic feasibility of OCS. To assist the analysis, financial simulation model was developed using simulation package, called IFPS(Interactive Financial Planning System).

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Estimating Optimal Probability Distributions of Daily Potential Photovoltaic Power Generation for Development of Rural Green-Village by Solar Energy - with Area of Seosan Weather Station - (농촌그린빌리지 조성을 위한 일별 잠재적 태양광발전량의 적정확률분포형 추정 - 서산지역을 중심으로 -)

  • Kim, Dae-Sik;Koo, Seung-Mo;Nam, Sang-Woon
    • Journal of The Korean Society of Agricultural Engineers
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    • v.50 no.6
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    • pp.37-47
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    • 2008
  • Photovoltaic power generation is currently being recognized as one of the most popular sources for renewable resources over the country. Although it is also being adapted to rural area for may reasons, it is important to estimate the magnitudes of power outputs with reliable statistical methodologies, while applying historical daily solar energy data, for correct feasibility analysis. In this study, one of the well-known statistical methodologies is employed to define the appropriate probability distributions for monthly power outputs for the selected rural area, county of Seo-san, province of Chungnam. The results imply that the assumption of normal distributions for several months may lead to incorrect decision-making and therefore lead to the unreliable feasibility analysis. Generalized beta and triangular distributions were found to be superior to normal distribution, when describing monthly probability distributions for daily photovoltaic power. Based on the appropriate distributions resulted from this study, Monte Carlo simulation technique was also applied to provide additional flexible information for the relevant decision makers. This study found out new finding that the probability distributions should be considered to make planning of the photovoltaic power system in rural village unit, in order to give reasonable economic analysis to the decision makers.

Integrated Analysis of Gravity and MT data by Geostatistical Approach (지구통계학적 방법을 이용한 포텐셜 자료와 MT 자료의 복합 해석 연구)

  • Park, Gye-Soon;Oh, Seok-Hoon;Lee, Heui-Soon;Kwon, Byung-Doo;Yang, Jun-Mo
    • 한국지구물리탐사학회:학술대회논문집
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    • 2007.06a
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    • pp.42-47
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    • 2007
  • We have studied feasibility of the geostatistical approach to enhance the result of analysis of the sparsely obtained MT(Magnetotelluric) data by combining with gravity data. We have attempted to use geostatistics for integrating the MT data along with gravity data. To evaluate the feasibility of this approach, we have studied about interrelation between geological boundary and density distribution, and corrected density distribution for conversion to more sensitive to geological boundary by minimization of difference between z-directional variogram values of resistivity distribution obtained MT inversion and density distributions. Then, this method has been tested on model and field data. In model test, the results obtained were good agreement with real model. And in a real field data, the result of analysis demonstrate convincingly that our geostatistical approach is effective.

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Feasibility Analysis of ICT for Public Educational Environment (공교육시설의 스마트 교육환경 수요조사)

  • Kim, Seung-Je;Kimm, Woo-Young
    • Journal of the Korean Institute of Educational Facilities
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    • v.18 no.5
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    • pp.43-50
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    • 2011
  • There are emerging issues to update the educational environment for schools in terms of information and communication technology in order to provide customized programs to students as well as all participants relating to learning and teaching. The past year has been turbulent as the education facilities has changed and new procurement processes such as BTL have emerged. In this study, the feasibility analysis of ICT for the public educational environment is to analyse the current primary schools by means of collecting parent's opinion. In the web-site questionnaires, it was designed with 70 items such as teaching method, class organization, aptitude drill and educational community. As results, the statistical analysis is to propose the list of priority and orientation covering social agenda in the issue of ICT for education, the benefits schools can achieve by smart environment is to have the advanced learning services and solutions that represents parental engagement with identical local aims of interactive interface between their students and qualified teachers at a school. Both the national curriculum as well as the after-school program initiatives from the ministry of education, science and technology may reduce negative effects of private education so that the program has to be carefully developed for balanced education society revitalizing mutual communication within regional learning participants such as students, teachers and educational experts.

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Multi-Objective Optimization of Electromagnetic Device Based on Design Sensitivity Analysis and Reliability Analysis (설계 민감도와 신뢰도 분석에 근거한 전자기기의 다목적 최적화)

  • Ren, Ziyan;Zhang, Dianhai;Park, Chanhyuk;Koh, Chang Seop
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.1
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    • pp.49-56
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    • 2013
  • In this paper, for constrained optimization problem, one multi-objective optimization algorithm that ensures both performance robustness and constraint feasibility is proposed when uncertainties are involved in design variables. In the proposed algorithm, the gradient index of objective function assisted by design sensitivity with the help of finite element method is applied to evaluate robustness; the reliability calculated by the sensitivity-assisted Monte Carlo simulation method is used to assess the feasibility of constraint function. As a demonstration, the performance and numerical efficiency of the proposed method is investigated through application to the optimal design of TEAM problem 22--a superconducting magnetic energy storage system.

An Economic Evaluation and Sensitivity Analysis of Remote MicroGrid According to Design Objectives (설계목표에 따른 독립형 마이크로그리드 경제성 평가 및 민감도 분석)

  • Weon, Jong-Nam;Chae, Woo-Kyu;Lee, Hak-Ju;Sim, Jun-Bo;Shin, Chang-Hoon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.6
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    • pp.892-897
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    • 2017
  • Until now, it has been for choosing most economic result to be generally used for designing remote MicroGrid (MG) system. It is able to make economic benefit by reducing operation cost, but proportion of renewable energy will be minimum. In other words, it is difficult to get an effect by renewable energy because economic feasibility is an only consideration. Therefore, various factors should be considered and design objectives should be are diversified to design proper remote MG system. In this paper, remote MG system is classified into two types according to design objectives, and they are analysed through case study based on economic evaluation. In addition, economic feasibility for each type is analysed through sensitivity analysis according to various factors that affect the design results of the system.