• Title/Summary/Keyword: Benefit analysis

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An Analysis on the Economic Validity of the Establishment of R&D Supreme Academy (R&D 인력 재교육 전문기관의 경제적 타당성 분석)

  • Lim, Chang-Joo;Kim, Sang-Yung;Baek, Nak-Ki;Oh, Sea-Hong;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
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    • v.11 no.3
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    • pp.181-188
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    • 2009
  • This paper presents the economic validity with the cost/benefit analysis on establishing R&D Supreme Academy. To evaluate the profitability of R&D Supreme Academy, willingness to pay (WTP) is measured by contingent valuation method (CVM) and then the net present value (NPV), internal rate of return (IRR) and benefit/cost ratio(BCR) are calculated. The results of economic evaluation verified that the establishment of R&D Supreme Academy is timely and effective in an economic perspective.

Benefit-Cost Analysis in Accordance with Replacement of Electrical Cooling System by Gas Cooling System using the California Standard Test (캘리포니아 표준테스트 방법을 사용한 전기냉방기기의 가스냉방기기 대체에 따른 편익비용분석)

  • Park, Rae-Jun;Song, Kyung-Bin;Won, Jong-Ryul
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.61 no.12
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    • pp.1774-1781
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    • 2012
  • There are some efforts to improve the performance of electrical heat pump(EHP) and replace it with an alternative cooling equipment such as gas engine-driven heat pump(GHP), a gas cooling equipment, in order to solve the problem of summer electricity supply through reducing the summer electricity peak. This paper analyzes cost-benefit in accordance with replacement of electrical cooling system by gas cooling system using california standard test and sensitivity analysis of some scenarios.

The Effect of Department Store CRM on Customer Satisfaction and Loyalty -Focused on clothing product customers in Deajeon area- (백화점 CRM이 고객만족과 고객충성에 미치는 영향 -대전지역 의류제품 고객을 중심으로-)

  • 박선희;박혜선
    • Journal of the Korean Society of Clothing and Textiles
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    • v.28 no.8
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    • pp.1186-1195
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    • 2004
  • The purposes of this study were to investigate the factors of CRM activity and the difference in CRM activities of department stores and to analyze the effect of CRM activities on customer satisfaction and loyalty. Investigators interviewed the buyers of three department stores in Daejeon area and surveyed 468 people aged over 20 who did shopping those stores. The data were analyzed with factorial analysis, multiple regression analysis, path analysis, ANOVA, Scheffe Test, etc., using the SPSS 10.0. The results of this study were: 1) Six factors were identified: 'benefit & information', 'service', 'customer invitation', 'customer contact', 'special management', and 'purchase-related help'; 2) CRM activities of three department stores were different, and department store buyers and customers were different in perception on CRM activities; and 3) Customer satisfaction was affected by the CRM factors like 'service', 'customer invitation', 'purchase-related help', 'benefit & information', and 'customer contact' Customer loyalty were affected directly by customer satisfaction, 'benefit & information' and 'service', and indirectly by 'customer invitation', 'purchase-related help', 'customer contact' through customer satisfaction.

A COST-BENEFIT ANALYSIS OF INTEGRATING ERP SYSTEMS WITH PROJECT MANAGEMENT SYSTEMS IN CONSTRUCTION

  • BooYoung Chung;Miroslaw J. Skibniewski
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.575-586
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    • 2005
  • This paper presents an approach to quantifying the costs and benefits of integrating ERP systems with project management systems, including potential time and cost savings. To properly identify the costs and the benefits, the paper shows the relevant construction information flows and the desired milestones in the integration process. The proposed benefit analysis model should allow construction firms considering the integration of their ERP systems with legacy systems or commercial project management software make informed decisions in regard to the existing alternatives in the early stages of decision making.

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Economic Analysis of Pleurotus Eryngii Cultivation Facilities (큰느타리버섯 재배사의 경제성 분석)

  • Suh, Won-Myung;Yoon, Yong-Cheol
    • Journal of The Korean Society of Agricultural Engineers
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    • v.48 no.6
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    • pp.31-41
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    • 2006
  • The analysis used in this work was cost-benefit analysis method. All future costs and returns of a given mushroom house were discounted to the time of initial investment (present) by means of 3.5% discount rate. Then the cost of ownership was compared to the return from the system. This analysis method has been developed and coded into a balance sheet for use on a EXCEL program. Using this programmed analysis,a large number of the case studies were examined using different combinations of economic conditions. These results will be very useful to individuals considering investment in a mushroom house, or any similar production system. By the way of the sensitivity analysis for each important parameter, the change of the marginal cost-benefit period could be finally determined. These parameters were typically construction cost of mushroom house, cost of cooling system, required cooling and heating energy amounts, unit price of mushroom media bottle, growing number of media bottles, production weight per unit bottle, sale price of mushroom, and annual number of growing period, etc.

Estimating Potential Impact of Bike Lane Implementation (Case study of Seoul Metropolitan City) (자전거전용차로 설치에 따른 기대효과 추정 (서울시 사례를 중심으로))

  • Sin, Hui-Cheol;Hwang, Gi-Yeon;Jo, Yong-Hak;Jeong, Seong-Yeop
    • Journal of Korean Society of Transportation
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    • v.28 no.4
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    • pp.97-106
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    • 2010
  • Environmental issues resulting from climate change and energy crises have become global issues, and cycling has gained greater popularity for sustainable transportation. Though many cities are trying to build bicycle roads, it is not easy to implement bicycle roads because there is little available space for bicycle facilities. Therefore, road diets have become more popular in Korea. However, there has been no intensive research to date of their impacts. The purpose of this research is to evaluate the effects of road diets and construction of bike lanes. Every benefit, including energy benefit, environmental benefit, and health benefit is considered, while only time savings benefit has been considered in previous studies. The benefit analysis for the Seoul metropolitan area as a case study shows that road diets have a (1) time saving benefit for only five percent of the mode share and (2) enough total benefit even if bicycle mode share is less than two percent.

Benefit Analysis of Carpool Service in Public Agencies Transferring Innovation Cities (혁신도시이전 공공기관의 카풀 도입 편익분석)

  • Do, Myung sik;Jung, Ho yong
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.16 no.6
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    • pp.169-181
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    • 2017
  • As vehicle supply rate increases, traffic jam-related problems emerge and sharing transportation including carpool, centered on the advanced countries, becomes a major interest. This study aims to analyze benefit generated by carpool during the rush hours of medium and long distance travel, focused on the workers of public Agencies relocated to innovation cities. In order to compute benefit, carpool demand of relocated public Agencies was estimated and travel speed was estimated according to reduced traffic volume through carpool adoption using a traffic flow model. The benefit were computed dividing them into direct benefit and indirect benefit. As a result, 23billion KRW and 56.5billion KRW were annually revealed to be generated in terms of direct benefit and indirect benefit. The study result is expected to be used as part of basic research to adopt carpool for future traffic demand management.

Economic Analysis of WLAN-based Wireless Network and WiBro-based Wireless Network for Ubiquitous City (U-City 건설을 위한 무선랜 기반 무선망과 WiBro 기반 무선망의 경제성 분석)

  • Cho, Kwang-Hyun;Kim, Dong-Ho;Lee, Jong-Ryun;Kim, Dong-Min;Choi, Soon-Young
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.3B
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    • pp.240-247
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    • 2011
  • In this paper, we made cost & benefit analyses of both WLAN-based and WiBro-based wireless networks for U-City(Ubiquitous City). We obtained basic data for cost analysis such as the number of network equipments through cell design and cell-coverage analysis. Also we made benefit analysis considering technical features of WLAN and WiBro networks. By cost & benefit analysis, we have reached conclusions that WiBro-based wireless network has earlier BEP(Break-Even Point) and larger NPV(Net Present Value) than WLAN-based network, and that WiBro is more efficient wireless network for U-City.

Economic Analysis of Zero Energy Building in South Korea - focusing on Cost-Benefit analysis considering Social Cost - (공사비 변화에 따른 제로에너지건축물 경제성 분석 - 사회적비용을 고려한 비용편익 분석을 중심으로 -)

  • Kim, Jae-Moon
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.36 no.3
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    • pp.147-157
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    • 2020
  • With the increasing obligation to reduce greenhouse gas emissions to the building sector, the government has been gradually expanding its obligation to zero-energy buildings since 2020. Since the ZEB certification took effect in 2017, 48 preliminary and main certifications have been completed as of March 2019, and most of them are public buildings or even certified, but have earned Grade 5 of ZEB. This means that compared with the number of annual building permits registered in Korea, the figure is insignificant, and that it receives little if not mandatory. Therefore, this study investigated empirical cases of ZEB additional construction cost and conducted cost benefit analysis according to changes in ZEB additional construction cost based on a preliminary feasibility analysis project recently conducted by the KDI. In addition, considering the public buildings, the social costs were considered, and the cost-benefit analysis method was the same as the KDI's preliminary feasibility analysis method. The analysis shows that if the ratio of ZEB additional construction cost is more than 5 percent, it is analyzed that there is no economic feasibility, and considering that the ratio of additional construction cost in the cases of ZEB in Korea is 17 percent to 38 percent, it will not be easy to obtain ZEB certification in terms of cost. Finally, to narrow these differences in cost and economic aspects, the overseas low energy and ZEB incentive examples proposed measures such as the concept of subsidy payment in Illinois and the compensation of social costs to private ZEB.

Economic Effect of Home Health Care Services for Community-dwelling Vulnerable Populations (재가 취약계층을 위한 지역사회 중심 가정간호서비스의 경제적 효과)

  • Lee, Eunhee;Kim, Jinhyun
    • Journal of Korean Academy of Nursing
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    • v.46 no.4
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    • pp.562-571
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    • 2016
  • Purpose: In this study the costs and benefits of a home health care program were examined to evaluate the economic feasibility of the program. Methods: The study participants included 349 patients in the community who had been registered at a home health care center for 5 years. The costs and benefits of the program were analyzed using performance data and health data. The benefits were classified as the effects of pressure ulcer care, skin wound care and catheters management. The program effect was evaluated on the change of progress using transition probability. Benefits were divided into direct benefit such as the savings in medical costs and transportation costs, and indirect benefits which included saving in productivity loss and lost future income. Results: Participants had an average of 1.82 health problems. The input cost was KRW 36.8~153.3 million, the benefit was KRW 95.4~279.7 million. Direct benefits accounted for 53.4%~81.2%, and was higher than indirect benefits. The net benefit was greater than 0 from 2006 to 2009, and then dropped below 0 in 2010. Conclusion: The average net benefit during 5 years was over 0 and the benefit cost ratoi was over 1.00, indicating that the home health care program si economical.