• 제목/요약/키워드: Benefit analysis

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An Approach of Cost-Benefit Analysis for GIS Project Evaluations (지리정보 사업의 비용편익 분석의 고찰)

  • Kim, Woo-Gwan;Kim, Young-Hoon
    • Journal of the Korean association of regional geographers
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    • v.4 no.2
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    • pp.79-94
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    • 1998
  • This study begins with emphasis on the approach to public policy development and the extent to which a GIS framework can be used to evaluate projects objectively. This paper relates to public policy making and the use of GIS as a strategic management tool rather than the development of GIS technologies which has been the focus of attention since the advent of the first generation GIS systems in the 1960s. In order to consolidate a view towards public policy, the aim of this study is to show the advantages of using GIS to generate results which could be evaluated by cost and benefit analysis giving options of the alternative methods to estimate the feasibility of projects (both tangible and intangible) in a real public policy scenario. This study also reports that the tangible benefits associated with the GIS projects are better information processing, the easy analysis of data and the cost savings of map updates and printing, whilst the intangible benefits include quality decision making, and precise management of data through computing networks. In GIS context, the task of analysing and evaluating GIS projects is assumed in order to facilitate scientific and quantitative cost-benefit analysis. Previous methods of the cost-benefit analysis has not fully supported the evaluation of the intangible benefits and it has not been possible to make public policy realistic or scientifically understandable limiting decision makers in public domain. With the GIS decision makers are able to explore the potential of projects with this powerful decision supporting tool in practical application. On the basis of its potentials and limitations to cost-benefit analysis, therefore, it can be concluded that more flexible analysis and evaluation methodologies are needed to extend into the intangible benefits. In order to balance the evaluation of both quantitative and qualitative approaches on the cost-benefit analysis new or additional utilities will be required for the next GIS generation appraisal tool.

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Development of a Process Centered RFID Cost-Benefit Analysis Model and Tool (RFID 도입에 대한 프로세스 중심 비용편익분석 모형 및 툴 개발)

  • Jeong, Jee-Hoon;Lee, Yong-Han
    • The Journal of Society for e-Business Studies
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    • v.13 no.3
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    • pp.173-188
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    • 2008
  • While many success stories are reported in the area of RFID applications, actual RFID deployments in industry are being realized a lot slower than expected. One of the main reasons for that is the lack of decision makers' understanding on the RFID ROI. In this research we drew a comprehensive list of cost and benefit items regarding RFID deployments especially for distribution and retail industry. In addition, we mapped these cost/benefit items to corresponding SCOR processes so that users can easily utilize the suggested cost-benefit analysis model when they want to improve their own processes using the RFID technology. The developed cost-benefit analysis model was implemented as a software tool for convenient use. Our research results can be used not only for those who want to evaluate the RFID technology prior to actual deployment but also by the researchers in this area.

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Benefit Cost Analysis of Automatic Eggshell Crack Detection System (계란 실시간 자동 파각란 검사시스템의 비용 편익분석)

  • Lin, Qing-Long;Yeo, Jun-Ho
    • Current Research on Agriculture and Life Sciences
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    • v.32 no.4
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    • pp.231-235
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    • 2014
  • This study performed a benefit cost analysis of an automatic eggshell crack detection system. Based on various cost benefit analysis methods, including the net present value (NPV), internal rate of return (IRR), and benefit cost ratio (B/C Ratio), the automatic eggshell crack detection system was confirmed to have economic validity. The NPVs were 175,035,645 won at a 5% discount rate and 129,082,393 won at a 10% discount rate. Plus, the IRRs were 0.686 at a 5% discount rate and 0.660 at a 10% discount rate. Finally, the B/C ratios were 1.981 at a 5% discount rate and 1.900 at a 10% discount rate.

Clothing Pursuit Benefits and Underwear Purchase Behaviors of Females in Twenties (의복추구혜택에 따른 20대 여성의 속옷구매행동)

  • Jeon, Min-Ji;Oh, Hee-Sun
    • Fashion & Textile Research Journal
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    • v.11 no.4
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    • pp.574-582
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    • 2009
  • The purpose of this study was to investigate the clothing pursuit benefits of female consumers in twenties, and explain the differences in underwear purchase behaviors among them. For data collection, research questionnaires were responded by 232 female consumers living in Busan. The collected data were analyzed by the frequency factor analysis using SPSS 12.0 for Windows, the factor analysis using Varimax, reliability analysis, cluster analysis, ANOVA, Duncan test, and ${\chi}^2$-test. The results of this study were as follows: First, consumers' clothing pursuit benefit was drawn from six factors: Self-esteem, Individuality, Fashion, Brand, Practicality, and Price pursuit. The results of the factor analysis of clothing benefit were divided into four groups: Brand pursuit group, Fashion pursuit group, Self-esteem pursuit group, and Individuality/rationality pursuit group. Second, the results of analysing underwear purchase behaviors among clothing pursuit benefit groups showed significant differences in purchase motive, source of information, evaluation criteria, and purchase practices. The underwear purchase motives were significantly different in diversity purchase factor between the groups; sources of information used for underwear purchase were significantly different in the window display factor. The underwear evaluation criteria were significantly different among the groups in decoration and practicality factors, while purchase practices were significantly different among the groups only in underwear purchasing places.

A Study on the Economic Feasibility Analysis of Public Library Construction - Focused on the Case of Geumsaem Library Construction - (공공도서관 건립의 경제적 타당성 분석에 관한 연구 - 금샘도서관 건립 사례를 중심으로 -)

  • Kang, Hee-Kyung;Lee, Yong-Jae
    • Journal of Korean Library and Information Science Society
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    • v.48 no.2
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    • pp.99-119
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    • 2017
  • As a part of feasibility study of constructing Geumsaem library, the purpose of this study is to examine the result of economic feasibility analysis on constructing the library. In order to achieve the purpose, we evaluated policy relevance, investigated people's demand for constructing the library, and examined the result of economic feasibility analysis. As the tools of economical efficiency analysis, we used the techniques like cost-benefit ratio, net present value and internal rate of return to analyse the economic feasibility, and we estimated the amount of benefit by contingent valuation method. As the result of this study, cost-benefit ratio for constructing Geumsaem library was turned out as 1.28, and we could get an assessment of positive economic feasibility about constructing the library.

Cost-Benefit Analysis of the Farmer's Health Center Project (FHCP) in Rural Korea (농업인건강관리실 사업의 비용편익 분석)

  • Hwang, Dae-Yong;Kang, Kyeong-Ha;Lee, Soon-Sung;Ko, Jeong-Sook;Oh, Seung-Young
    • Journal of Agricultural Extension & Community Development
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    • v.13 no.2
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    • pp.313-327
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    • 2006
  • This study aims to examine the operating status of the Farmer's Health Center Project and the validity of its business using the benefit-cost analysis. As the pilot project of the Rural Development Adminstration from 1996, a total of 884 Farmer's Health Centers were established until 2004. Internal information of the RDA management unit was used for the analysis. A questionnaire with an interview was also performed with 70 over 468 Centers that had been established from 2001 to 2004. Results were as follows. 1) The Center was mainly used by elderly over 60 years, which took 71.4%. Winter was the most popular season for visiting. 2) Approximately 71% of the manager of the Center pointed out the deficiency of fuel cost as the most difficulty in operating the Center. 3) Users were moderately satisfied with facility and the effect of its use, which took 3.5 point over 5 scale. 4) For the cost-benefit analysis on the Centers, both 5% of social discount rate and 15 years of use term were assumed. Subsequently, the Net Present Value was 3,134 million won, which certified the validity of the business.

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Development of the Cost-Benefit Analysis System for the Investment of Safety Facilities in Chemical Plant (화학공장의 안전 설비 투자를 위한 비용$\cdot$편익 분석 시스템 개발)

  • Ko J. W.;Seo J. M.;Kim D. H.
    • Journal of the Korean Institute of Gas
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    • v.7 no.4 s.21
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    • pp.61-66
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    • 2003
  • The objective of this study is to develop a Cost-Benefit analysis system which would help us to make optimal decision among safety investment alternatives, calculating and comparing costs and benefits for facilities in chemical plants. So, the accident frequency analysis module and the accident damage prediction module were developed for estimating quantitative risks in chemical facilities, and domestic societal risk criterion was presented after the comparative analysis of major industrial cases and societal risk criteria of advanced countries like the Netherlands, Australia, U.S.A., U.K., and Germany. Also, the Cost-Benefit Analysis System which compares the safety investment alternatives based on their deduced net present values was developed through the selection of proper cost and benefit items by field studies

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Analysis on the Diversity of Long-Term Care Systems (장기요양보호체계의 국가별 다양성)

  • Kim, Cheol-Joo;Hong, Sung-Dae;Heo, Yun-Jung
    • Health Policy and Management
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    • v.17 no.1
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    • pp.75-93
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    • 2007
  • This research purposed to analyse the diversity of the long-term care system based on the dependency/independency of the aged. For this purpose, we divided the long-term care systems to three components; form of benefit, generosity of benefit and delivery system. Form of benefit is whether the benefit is cash or in-kind, and the generosity of benefit is related to the level and coverage of benefit. The last concerned to focus on provider and user selection. According to this, we tried to make an ideal type of long-term care in the perspective of citizenship and consumerism. As a result, we established four types of long-term care system; active citizen type, passive citizen type, latent citizen type, and family dependent type. And we investigated Austria, Sweden, Germany and Korea for each type empirically.

Study of Benefit Characteristics for Low Impact Development (LID) Facilities demonstrated in Seoul Metropolitan (서울시 저영향개발(LID) 시범 시설에 대한 편익 특성 연구)

  • Lee, Seung Won;Kim, Reeho
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.6
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    • pp.299-308
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    • 2016
  • Seoul metropolitan has established a vision as 'Healthy water-cycle city' to resolve urban water-environmental deterioration. And it established administrative structure to expand Low Impact Development (LID) facilities to recover aggravated water-cycle and water-environment. Therefore, various LID facilities are constructed and operated, however, benefit analytic plans for systematic valuation are insufficient. In this study, to analyze economic, environmental and social benefits of LID facilities, contents for benefit analysis were selected and categorized as water, energy, air quality and climate changes. As a result of quantification and valuation to the beneficial effects, LID facilities showed the total benefit as 1,191~3,292 won/yr. Characteristics of benefit distribution by analysis contents were various reflecting functional characteristics of each LID facility (Water: 30~90%, Energy: 4~44%, Air quality: <1~2%, Climate change: 5~22%). As a result of Triple Bottom Line analysis, economic benefit showed the greatest portion as 75~90%. As further studies, suggested benefit assessment plans for each LID facility should be applied to inter-connected LID systems on complex-scaled area, and synergy effects by various LID systems would be evaluated such as prevention of heat island and flood disasters.

Development of Cost-Benefit Analysis Method for Rockfall Mitigation Methods (낙석대책공법 비용편익분석기법 개발)

  • Shin, Min-Ho;Lee, Seong-Hoon;Kim, Hyun-Ki;Kim, Jung-Ki;Roh, Soon-Mi
    • Proceedings of the KSR Conference
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    • 2003.10b
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    • pp.417-422
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    • 2003
  • Rockfall mitigation methods have been widely constructed along railway lines but aren't estimated with any economic analysis methods up to now. Therefore, this study applied a benefit-cost analysis to rockfall mitigation method to determine whether it is indeed an economically efficient construction. The Benefits were estimated based on data collected from disaster history, and included three types of benefits that are originated by reduction of train accident, train delay and rockfall removing cost. The costs included both construction cost and the maintenance cost of the selected method. This analysis could clarify the investment effect of rockfall mitigation method that would be built at rockfall prone slope.

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