• Title/Summary/Keyword: total cost

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Analysis of Maintenance Expense in various Golf Courses (골프 코스관리 비용 분석)

  • Yoo, Min-Joon;Lee, Jae-Pil;Joo, Young-Kyoo;Kim, Doo-Hwan
    • Asian Journal of Turfgrass Science
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    • v.23 no.1
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    • pp.61-76
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    • 2009
  • The purpose of this study are to investigate the reasonable maintenance expense of golf course according to the size and management system of each golf course. The maintenance cost per hole per golfer of 29 golf courses and the maintenance cost for items and locations of 8 golf courses were analyzed. 1. As golfers per hole increased, maintenance cost per hole per golfer decreased. 2. The decisive cost factors for maintenance cost of golf course are the number of annual golfers, the total course size, the management system, and automation of course facilities. 3. Maintenance cost of golf courses contained the landscaping areas except for building and parking lots is $869^{\}/_{m^2}$ Korean won. 4. Average maintenance cost of 8 golf courses is $44,325,000^{\}/_{hole}$. 5. Labor cost marked the largest portion in the total cost. Among the items of labor cost, repair cost for green ball mark was the highest with the ratio of 26%(\4,163,000). 6. Material cost for Fairways which reaches 30% of the total area was composed of $22%{\sim}44%$ of the total cost of materials. Cost of imported fertilizers, pestcides for insects and diseases, and sands for top dressing was the highest. 7. Material cost for Green which reaches 2% of the total area was composed of $28%{\sim}36%$ of the total cost. Cost of imported products such as particle-shaped fertilizers, micro mineral fertilizers, and soil conditioners was the highest. 8. There is no difference in cost between chemical fertilizers and the environmentally friendly fertilizers even if environmentally friendly fertilizers using microorganism or chitosan materials are also expensive.

A Study on the Topology Design Algorithm for Common Channel Signalling Network (공통선 신호망의 토폴로지 설계 알고리즘에 관한 연구)

  • 이준호;김중규;이상배;박민용
    • Journal of the Korean Institute of Telematics and Electronics B
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    • v.28B no.5
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    • pp.369-381
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    • 1991
  • In this paper, design algorithms for SMP(Single Mated Pair) and MMP (Multipli Mated Pair) structure of CCS (Common Channel Signaling) network are proposed through the study of the structure of CCS network. High reliability and fast messagy transfer time are the most important requirements for the CCS network. Based on it, three parameters such as monotraffic, reliability (maximum isolated SP(Signalling Point) number when any two STP(Signalling Transfer Points) fail and total network cost are defined. And the proposed algorithms different from preexisted algorithm that minimizes total network cost, maximize monotraffic with two constraints, reliability and total network cost. Comparing the experimental results of the proposed algorithms with those of the preexisted algorithm that minimizes total network cost, shows that the proposed algorithms produce a more reliable topology that has more monotraffic and a little higher total network cost. Additionaly, with the results of the proposed algorithms, SMP and MMP structures are compared.

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Design of A Quality System for Multi-Products with the Fixed Costs for Products Servicing (서비스 고정비용을 고려한 복수제품 품질시스템의 설계)

  • Kim Sung Chul
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.4
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    • pp.61-72
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    • 2004
  • In this paper, we design sampling inspections and service capacities simultaneously for multi-products. Particularly, we extend Kim(2003) by introducing the fixed cost of providing services. We show that, due to the fixed cost considered, the cost function of a product is no longer linear or convex in terms of the level of service provision, and the total inspection is prefered to the small level of service capacity which results in high burden of the fixed cost. And we develop a simple framework to deal with this joint design problem for a product. Also we consider the problem of allocating the given number of the total service capacities among products. A dynamic programming algorithm is developed to determine the optimal allocation which minimizes the overall total cost of the system and the optimal allocation can be obtained with the considerably smaller computations than the total number of possible allocations. The results can be used to support planning decisions and to aid the joint design of inspections and service capacities for products.

Optimal Containership Size by Way of Total Shipping Cost Analysis (컨테이너선의 총 운항비용 분석을 통한 노선별 최적선형 도출)

  • Kim Tae-Won;Han Yu-Nam;Nam Ki-Chan;Kwak Kyu-Seok
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.245-251
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    • 2004
  • Determination the optimal containership size is the most important factor for competitiveness if shipping companies. Accordingly, the objective if this research is determining the optimal containership size by service routes. Total shipping cost is calculated at the ground if capital cost, vessel operation costs, voyage costs, port charge and miscellaneous cost for 'Europe-Far East', 'Far East-North America' and 'Europe-Far East-North America' Services. Finally, the optimal containership size was utilized through total shipping cost, slot quantity if containership and average throughput by containership.

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An Empirical Analysis of Costs related to Nursing Practice (간호 관련 비용의 실증적 사례분석 연구)

  • Ko, Yu Kyung;Park, Bo-Hyun
    • Journal of Korean Academy of Nursing Administration
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    • v.23 no.2
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    • pp.139-150
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    • 2017
  • Purpose: The purpose of this study was to identify nursing service costs associated with all health care costs incurred by the institution. Methods: This study was an empirical case study research in which the nursing cost was separated from total medical cost. The nursing cost index was calculated through a cost allocation method after summarizing costs for personnel, raw materials and administration of each department in one public hospital. The 2014 budget plan, published in 'Public Hospitals Alert', was used as data and the data were analyzed using the Microsoft Office EXCEL 2013 program. Results: When comparing total medical costs and nursing costs, the nursing cost were 27.14% of the total medical cost. The nursing cost per nurse per hour was calculated as \29,128 The nursing cost per inpatient per day was calculated as \157,970, and the administration cost per patient was calculated as \133,710. Conclusion: The results of the research present the process of cost allocation of specific cost elements in the hospital and evidence for administrative costs which in the past have been only vaguely formulated. These are the significant implications of this study.

Optimal Burn-in Time under Cumulative Pro-Rata Replacement Warranty

  • Yun, Won-Young;Lee, Yang-Woo;Chung, Il-Han;Luis Ferreira
    • International Journal of Reliability and Applications
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    • v.2 no.4
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    • pp.241-251
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    • 2001
  • In this paper, optimal bum-in time to minimize the total mean cost, which is the sum of manufacturing cost with burn-in and cumulative warranty-related cost, is obtained. When the products with cumulative pro-rata warranty have high failure rate in the early period (infant mortality period), a burn-in procedure is adopted to eliminate early product failures. After burn-in, the posterior product life distribution and the warranty-related cost are dependent on burn-in time; long burn-in period may reduce the warranty-related cost, but it increases the manufacturing cost. The paper provides a methodology to obtain total mean cost under burn-in and cumulative pro-rata warranty. Property of the optimal burn-in time is analyzed, and numerical examples and sensitivity analysis are studied.

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Safer Zone Analysis for Multiple Investment Alternatives on the Total-Cost Unit-Cost Domain

  • Kono, Hirokazu
    • Industrial Engineering and Management Systems
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    • v.11 no.1
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    • pp.11-17
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    • 2012
  • Along with the recent trend toward increasing variety and shorter life of products in the market, evaluation of risk for economic investment alternatives is of practical importance in manufacturing companies. This paper assumes that each alternative is composed of demand volume and unit sales price as income factors, and unit variable cost and fixed cost as expense factors. The paper assumes that these four factors move worse from the originally expected values, toward the direction of decreasing profit. Values of these four factors are also assumed to fluctuate from year to year over the entire multi-period. By applying the analysis of the breakeven points to each of the four factors, safer area against these changes is represented on the two dimensional domain called normalized total-cost unit-cost domain. A practical numerical example is analyzed to verify the validity of the proposed method.

A Study on the Analysis of Cost Adjustment Scenarios by Bidding Method through Analysis of the Total Project Cost Management Process (총사업비 관리 프로세스 분석을 통한 입·낙찰 방식별 공사비 조정 시나리오 분석 연구)

  • Kim, Kyeongbaek;Lee, Gayeoun;Kim, Sangbum
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.2
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    • pp.30-38
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    • 2020
  • Inadequate cost management has widely been recognized as one of the most problematic areas in the Korean construction industry as many believes that public cost references are not reasonably reflecting the market conditions. 'Total Project Cost Management Guideline' developed by Ministry of Economy and Finance(MOEF) to govern public budget control has been identified as one of the main reasons for this problem. This study attempts to thoroughly review 'Total Project Cost Management Guideline' itself and quantitatively analyze the impact of it on project cost during procurement process. Different procurement methods are considered including turnkey & alternative, private contract, qualification examination, and lowest price bidding system in this quantitative impact analysis of 'Total Project Cost Management Guideline'. Analysis results shows that this governmental process works mainly as a constant cost-cutting tool throughout the procurement process.

A study on evaluation of information retrieval system (정보검색(情報檢索)시스템의 평가(評価)에 관한 연구(硏究))

  • Park, In-Ung
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.5 no.1
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    • pp.85-105
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    • 1981
  • Information is an essential factor leading the rapid progress which is one of the distinguished characteristics in modem society. As more information is required and as more is supplied by individuals, governmental units, businesses, and educational institutions, the greater will be the requirement for efficient methods of communication. One possibility for improving the information dissemination process is to use computers. The capabilities of such machine are beginning to be used in the process of Information storage, retrieval and dissemination. An important problems, that must be carefully examined is whether one technique for information retrieval is better for worse than another. This paper examines problem of how to evaluate an information retrieval system. One specific approach is a cost accounting model for use in studying how to minimize the cost of operating a mechanized retrieval system. Through the use of cost analysis, the model provides a method for comparative evaluation between systems. The general cost accounting model of the literature retrieval system being designed by this study are given below. 1. The total cost accounting model of the literature retrieval system. The total cost of the literature retrieval system = (the cost per unit of user time X the amount of user time) + ( the cost per unit of system time X the amount of system time) 2. System cost accounting model system cost = (the pre-search system cost per unit of time X time) + (the search system cost per unit of time X time) + (the post search system cost per unit of time X time) 1) Pre-search system cost per unit of time = cost of channel per unit time + cost of central processing unit per unit time + cost of storage per unit time 2) Search system cost per unit of time = comparison cost + document representation cost. 3) Post-search system cost per unit of time. = cost of channel per unit time + cost of central processing unit per unit time + cost of storage per unit time 3. User cost accounting model Total user cost = [pre-search user cost per unit of time X (time + additional time) ] + [search user cost per unit of time X (time + additional time) ] + [post-search user cost per unit of time X (time + additional time) ].

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Improvements on the Total Project Cost Management System for SOC Projects (SOC건설사업의 총사업비 관리체계 개선방안)

  • Kim, Young-Jae;Kim, Kyung-Rai
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.3
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    • pp.105-114
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    • 2010
  • As the Korean economy went into a recession because of the global financial crisis in 2008, in order to vitalize the Korean economy, the government raised SOC budget and made its execution earlier. To prevent increases in budget for the government financial investment projects, the government controlled the project cost of SOC construction projects by enacting 'Guideline for total project cost management' in 1994 and complementing the relevant system. However, different from government intention, the total project cost of SOC projects were increased drastically. Hence, the government authorities and research institutions insisted the necessity of supplementation and improvement for the total project cost management system. This research is to provide the improvement for the total project cost management system of domestic SOC projects. In this research, As-Is Model was adjusted considering status of the total project cost management in the current SOC projects. Also the cost management of construction projects between domestic and other developed countries was studied, analyzed and compared. Based on the above, problems related to total project cost management of domestic SOC projects were found out and an improved total project cost management was provided to improve these problems.