• Title/Summary/Keyword: Benefit Estimation

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An Evaluation Scheme on Feasibility in Public Sector for 3D Geo-Spatial Information - Focusing on Production of Digital Mapping (3차원 공간정보의 공공부문 사업성 평가 방안 - 2차원 수치지도 제작 업무를 대상으로)

  • Joo, Yong Jin;Kim, Kang Soo;Hahm, Chang Hahk
    • Journal of Korean Society for Geospatial Information Science
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    • v.20 no.3
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    • pp.73-82
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    • 2012
  • In order to carry out efficient investment and successful business in national geo-spatial industry, economic assessment on the field of 3D geo-information has recently emerged as a serious issue. Therefore, this study is intended to offer cost-effective evaluation scheme which are proper for 3D geo-spatial information, especially focusing on development of orthophoto and DEM. The study is organized as follows. The first section clarifies preliminary rules for feasibility by defining target work and category in order to estimate benefit. Then, this paper will be limited to consideration of production of digital mapping for target business which is expected to create high value and its benefit from cost reduction is suggested. Drawing from the AHP(Analytic Hierarchy Process) methods, this study comprehensively described final result and implication to examine business value. Consequently, this study can suggest economical evaluation methods on 3D geo-spatial information industry, which takes up a considerable part of immaterial benefit and has difficulties in economic assessment and estimation. preventing a variety of errors in system operation in advance.

Commercial fishery assessment of Malaysian water offshore structure

  • Mohd, Mohd Hairil;Thiyahuddin, Mohd Izzat Mohd;Rahman, Mohd Asamudin A;Hong, Tan Chun;Siang, Hii Yii;Othman, Nor Adlina;Rahman, Azam Abdul;Rahman, Ahmad Rizal Abdul;Fitriadhy, Ahmad
    • Fisheries and Aquatic Sciences
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    • v.25 no.9
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    • pp.473-488
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    • 2022
  • To have a better understanding of the impact of the PETRONAS oil and gas platform on commercial fisheries activities, Universiti Malaysia Terengganu (UMT) examined two approaches which are data collection from satellite and data collection from fishermen and anglers. By profiling the anglers who utilize reefed oil and gas structures for fishing, it can determine if the design and location of the reef platforms will benefit or negatively impacts those anglers and fisherman. Furthermore, this assessment will be contributing to the knowledge regarding the value of offshore oil and gas platforms as fisheries resources. Collectively, the apparent fishing activity data included, combined with the findings in the reefing viability index will help to inform PETRONAS's future decommissioning decisions and may help determine if the design and proposed locations for future rigs-to-reefs candidates would benefit commercial fishing groups, further qualifying them as appropriate artificial reef candidates. The method applied in this study is approaching by using a data satellite known as Google's Global Fishing Watch technology, which is one of the applications to measure commercial fishing efforts around the globe. The apparent commercial fishing effort around the selected twelve PETRONAS platforms was analyzed from January 2012 to December 2018. Using the data collection from fishermen which is the total estimation of commercial fish value cost (in Malaysia ringgit, MYR [RM]) in Peninsular Malaysia Asset, Sabah Asset, and Sarawak Operation region. The data were extracted every month from 2016 to 2018 from the National Oceanic and Atmospheric Administration database. Most of the selected platforms that show a high frequency of vessels around the year are platform KP-A, platform BG-A and platform PL-B. The estimated values of commercial fishes varied between platforms, with ranged from RM 10,209.92 to RM 89,023.78. Thus, platforms with high commercial fish value are selected for reefing in-situ and will serve multi-purposes and benefit the locals as well as the country. The current study has successfully assessed the potential reefing area of the Malaysian offshore environment with greater representativeness and this paper focused on its potential as a new fishing ground.

A Study on the Indirect Benefits of Undergrounding Overhead Power Line Projects in an Urban Area Using Contingent Valuation Method (조건부가치측정법(CVM)을 이용한 도심지 송전선로 지중화사업의 간접편익 추정)

  • Park, Chan-Ho;Kim, Sung-Keun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.6D
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    • pp.871-879
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    • 2008
  • Recently, as there are a rise in the standard of living and higher concerns of an electromagnetic wave and environment, undergrounding the aerial cables which are supported by large pylons and generally considered as the least attractive feature of an urban area is on an increasing trend to improve aesthetic benefits and electric reliability. This study applied Contingent Valuation Method (CVM) which is expected to become an effective tool to measure indirect benefit to estimate the substantial benefits of undergrounding overhead power line projects in an urban area. The tunneling construction project of the 345kV Shinsungnam electric power cable in Seongnam city was selected and a hypothetical scenario was given to respondents to determine their levels of Willingness to Pay (WTP) for undergrounding overhead power lines. The result from the estimation of the WTP of undergrounding overhead power lines in Seongnam city was calculated as approximately 17.1 billion won. Placing existing overhead lines underground is difficult to justify economically. Most undergrounding costs appear to be justified by aesthetic and public policy considerations. Therefore, considering the result of this study, undergrounding overhead power lines is of great benefit to public.

Method and Application of the Calculation of the Benefits of the Improvement of Railway Crossing (철도건널목 개선편익 산정방법 및 적용)

  • Jang, Jun-Seok;Lee, Jun;Eom, Jin-Ki;Moon, Dae-Seop
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.790-795
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    • 2011
  • When railway crossing is required to be improved to improve road traffic efficiency, cost-benefits analysis is conducted. In the analysis, such benefits as the reduction of the delay in road vehicle traffic and related costs and reduction of traffic accidents have been appropriately estimated, however, which has not been the case for the reduction of railway operation costs and accidents. This omission may result in a significant difference in the total estimation of the benefits achievable in a long railway line where many of the crossings are improved or reconstructed. This would deteriorate the rationality of the benefit analysis. As the result, although there are various, significant benefits recognizable in the improvement of railway crossings, but they have not been included in the list of the benefits due to the difficulty in calculation. To this end, this paper proposes a methodology of the calculation of the benefits of railway crossing improvement by estimating the unit costs used in the estimation of the benefits obtainable by the reduction of the railway operation costs and the reduction of the accidents at a crossing on the basis of past studies and data.

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Matching for Cylinder Shape in Point Cloud Using Random Sample Consensus (Random Sample Consensus를 이용한 포인트 클라우드 실린더 형태 매칭)

  • Jin, YoungHoon
    • Journal of KIISE
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    • v.43 no.5
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    • pp.562-568
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    • 2016
  • Point cloud data can be expressed in a specific coordinate system of a data set with a large number of points, to represent any form that generally has different characteristics in the three-dimensional coordinate space. This paper is aimed at finding a cylindrical pipe in the point cloud of the three-dimensional coordinate system using RANSAC, which is faster than the conventional Hough Transform method. In this study, the proposed cylindrical pipe is estimated by combining the results of parameters based on two mathematical models. The two kinds of mathematical models include a sphere and line, searching the sphere center point and radius in the cylinder, and detecting the cylinder with straightening of center. This method can match cylindrical pipe with relative accuracy; furthermore, the process is rapid except for normal estimation and segmentation. Quick cylinders matching could benefit from laser scanning and reverse engineering construction sectors that require pipe real-time estimates.

Electricity Demand and the Impact of Pricing Reform: An Analysis with Household Expenditure Data (가구별 소비자료를 이용한 전력수요함수 추정 및 요금제도 변경의 효과 분석)

  • Kwon, Oh-Sang;Kang, Hye-Jung;Kim, Yong-Gun
    • Environmental and Resource Economics Review
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    • v.23 no.3
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    • pp.409-434
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    • 2014
  • This paper estimates household demand for electricity using a micro-level household expenditure data set. A two-stage estimation method where the endogenous block price estimates are obtained from a discrete block choice model is used. This method successfully identifies a downward sloping conditional demand function with the data, while both the usual two-stage method with instrumental variable estimation and the Hewitt-Hanemann discrete-continuous model fail to do that. The paper simulates the impacts of two hypothetical pricing reforms that reduce the number of blocks and make the price gap smaller. It is shown that the reform may increase the overall consumer benefit, but is regressive.

Development of O/D Based Mobile Emission Estimation Model (기종점 기반의 도로이동오염원 배출량 추정모형)

  • Lee, Kyu Jin;Choi, Keechoo;Ryu, Sikyun;Baek, Seung Kirl
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.2D
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    • pp.103-110
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    • 2012
  • This study presents O/D based emission estimation model and methodology under cold- and hot-start conditions. Contrasting with existing link-based model, new model is able to estimate cold-start emissions with actual traffic characteristics. The results of the case study with new model show similar amount of emission with existing model under hot-start conditions, but five times much more than existing model under cold-start conditions. The annual social benefit estimated by this model is 56.2 hundred million won, which is 48% higher than the result from existing model. It means current green transportation policies are undervalued in terms of air quality improvement. Therefore, New model is expected to improve the objectivity of air quality evaluation results regarding green transportation policies and be applied in various transportation-environment policies.

Neural Network Model for Construction Cost Prediction of Apartment Projects in Vietnam

  • Luu, Van Truong;Kim, Soo-Yong
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.3
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    • pp.139-147
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    • 2009
  • Accurate construction cost estimation in the initial stage of building project plays a key role for project success and for mitigation of disputes. Total construction cost(TCC) estimation of apartment projects in Vietnam has become more important because those projects increasingly rise in quantity with the urbanization and population growth. This paper presents the application of artificial neural networks(ANNs) in estimating TCC of apartment projects. Ninety-one questionnaires were collected to identify input variables. Fourteen data sets of completed apartment projects were obtained and processed for training and generalizing the neural network(NN). MATLAB software was used to train the NN. A program was constructed using Visual C++ in order to apply the neural network to realistic projects. The results suggest that this model is reasonable in predicting TCCs for apartment projects and reinforce the reliability of using neural networks to cost models. Although the proposed model is not validated in a rigorous way, the ANN-based model may be useful for both practitioners and researchers. It facilitates systematic predictions in early phases of construction projects. Practitioners are more proactive in estimating construction costs and making consistent decisions in initial phases of apartment projects. Researchers should benefit from exploring insights into its implementation in the real world. The findings are useful not only to researchers and practitioners in the Vietnam Construction Industry(VCI) but also to participants in other developing countries in South East Asia. Since Korea has emerged as the first largest foreign investor in Vietnam, the results of this study may be also useful to participants in Korea.

Nomogram Estimating the Probability of Intraabdominal Abscesses after Gastrectomy in Patients with Gastric Cancer

  • Eom, Bang Wool;Joo, Jungnam;Kim, Young-Woo;Park, Boram;Yoon, Hong Man;Ryu, Keun Won;Kim, Soo Jin
    • Journal of Gastric Cancer
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    • v.15 no.4
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    • pp.262-269
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    • 2015
  • Purpose: Intraabdominal abscess is one of the most common reasons for re-hospitalization after gastrectomy. This study aimed to develop a model for estimating the probability of intraabdominal abscesses that can be used during the postoperative period. Materials and Methods: We retrospectively reviewed the clinicopathological data of 1,564 patients who underwent gastrectomy for gastric cancer between 2010 and 2012. Twenty-six related markers were analyzed, and multivariate logistic regression analysis was used to develop the probability estimation model for intraabdominal abscess. Internal validation using a bootstrap approach was employed to correct for bias, and the model was then validated using an independent dataset comprising of patients who underwent gastrectomy between January 2008 and March 2010. Discrimination and calibration abilities were checked in both datasets. Results: The incidence of intraabdominal abscess in the development set was 7.80% (122/1,564). The surgical approach, operating time, pathologic N classification, body temperature, white blood cell count, C-reactive protein level, glucose level, and change in the hemoglobin level were significant predictors of intraabdominal abscess in the multivariate analysis. The probability estimation model that was developed on the basis of these results showed good discrimination and calibration abilities (concordance index=0.828, Hosmer-Lemeshow chi-statistic P=0.274). Finally, we combined both datasets to produce a nomogram that estimates the probability of intraabdominal abscess. Conclusions: This nomogram can be useful for identifying patients at a high risk of intraabdominal abscess. Patients at a high risk may benefit from further evaluation or treatment before discharge.

A Study on Cost Estimation for Smart Mobility Service (스마트 모빌리티 서비스를 위한 비용추정)

  • Cheon, Seohyung;Kim, Dongyeon;Ahn, Jae-Hyeon;Park, Kyuhong
    • Journal of Digital Convergence
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    • v.19 no.11
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    • pp.301-313
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    • 2021
  • The automotive industry is facing a paradigm shift, changing from owning to sharing and from manufacturing to service. However, it is hard to conclude that the economic value of smart mobility service is always positive to users. Cost related to owing or share a vehicle is very hard to estimate from the perspective of potential users as well as the benefit of the service. Focusing on the cost side of the story, this study develops a cost estimating model based on three main factors: electrification, advanced driving assistant systems (ADAS) function, and participation of ride-sharing service. As a result of the model analysis, low cost was estimated as a result when receiving cost benefits such as electrification and ride-sharing participation. Various factors were analyzed through sensitivity analysis also. These results can provide useful insights into the cost prediction and strategies for potential users and manufacturers on smart mobility service market.