• Title/Summary/Keyword: Benefit to cost ratio

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Development of Cost-Benefit Analysis Model for GIS Projects (GIS사업의 비용편익분석 모형개발)

  • Kim, Jung-Ok;Heo, Yong;Yu, Ki-Yun
    • Journal of Korean Society for Geospatial Information Science
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    • v.12 no.1 s.28
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    • pp.79-85
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    • 2004
  • The GIS(Geographic Information System) projects require big initial investment and cost of maintenance. Decision makers would not launch GIS projects unless they are convinced of the benefits of the projects. Therefore the purpose of this paper is to develop an appropriate model for GIS project evaluation. We proposed a GIS project evaluation model and summarize the steps involved in Cost-Benefit Analysis(CBA). The costs of a GIS implementation include hardware and software cost, costs of database development, training expenses, annual maintenance expenses, and other annual expenses. The benefit by using GIS has been assessed into Type I(direct benefits), Type II(indirect benefits), Type III(benefits that result from the sale of information services), Type IV(intangible benefits).

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Emergy Cost-Benefit Evaluation of the Down Stream of Nakdong River Using Environmental-Ecological Concept (환경 생태학적 개념을 이용한 낙동강 하류의 에머지 비용-편익 평가)

  • Jung, Hwa-Sook;Lee, Seog-Mo;Son, Hyeng-Sik;Son, Hee-Jong
    • Journal of Environmental Science International
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    • v.22 no.4
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    • pp.507-514
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    • 2013
  • The Nakdong River being used as drinking water sources for the Busan metropolitan city has the vulnerability of water management due to the fact that industrial areas are located in the upper Nakdong River. This study used emergy analysis method to evaluate ecological-economics of water treatment systems of D water treatment plant (WTP) where located in the downstream of the Nakdong River. The emergy methodology is a system evaluation tool that uses energy as the common currency to compare different resources on a common basis. Emergy yield ratio (EYR) and emergy sustainability index (EmSI) of D WTP were 1.16 and 0.18, respectively. It means not resources and sustainable system but consumer goods and not sustainable system. Ratio of emergy benefit to the purchaser (EBP) shows 2.7 times higher than economic costs. To change the weak water source and situations we need to diversity water intake.

Economic analysis of development of low-carbon trawl gear (탄소저감형 트롤어구 개발의 경제성 분석)

  • Park, Seong-Wook;Lee, Kyoung-Hoon;Kang, Min-Ju;Park, Seong-Kwae
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.48 no.4
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    • pp.360-369
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    • 2012
  • The main purpose of this study is to analyse economic feasibility of low-carbon-oriented trawl gear. The results of benefit/cost analysis showed that use of the low-carbon fishing gear is economically feasible. Considering the fuel saving and relatively low $CO_2$ emission by reducing the resistance of gear, net present value by such gear improvement was estimated about 2,430~2,853 million won with the benefit-cost ratio 1.65~1.84 and the internal rate of return 29.18~30.48 percent. Development of low-carbon trawl gear would render significant contributions to reducing $CO_2$ emission in fishing operations and lead to reduce fishing costs due to fuel savings.

Economic Analysis of the Fuel Forests Established by I.B.R.D. Saemaeul Project Loan (I.B.R.D. 새마을사업차관(事業借款)에 의한 연료림조성(燃料林造成)의 경제분석(經濟分析)에 관한 연구(硏究))

  • Song, Byong Min;Park, Tai Sik
    • Journal of Korean Society of Forest Science
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    • v.59 no.1
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    • pp.9-14
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    • 1983
  • The study was performed to decide the returns or investment efficiency of the fuel forest established project and to examine its economic value as compared the benefit with the cost occurring from that established by I.B.R.D loan. The data got from the surveying plot and other things connected with the project were applied to the measures of benefit-cost ratio and internal rate of return (IRR). The following are the results from the economic analysis of the fuel forest created by the loan per hectare 1) In case of converting the fuelwood value from the fuel forest into briquet price, the benefit-cost ratio is 1.18 at the 6 percent discount rate and the IRR is appraised to 12.2 percent 2) In the sensitivity analysis estimated by the rising rate of rural wages 27% the yearly mean, the B/C ratio is 1.07 at the 6 percent discount rate and the IRR 9.2 percent. 3) In the sensitivity analysis estimated by the rising rate of briquet price, 26% the yearly mean, the B/C ratio is 1.34 at the 6 percent discount rate and the IRR is appraised high to 15.7 percent 4) In the event of including indirect effects to the direct in the project, the economic effect could be increased just a little more.

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Development Strategy on the Risk Rating Method for Nationwide Emerging IT Infrastructure (국가단위 신규 IT인프라의 위험도 등급화 기법 개발 방향 연구)

  • Kim, Sangkyun
    • Journal of Industrial Technology
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    • v.30 no.B
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    • pp.11-16
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    • 2010
  • To provide a development strategy on the method which assesses a potential risk of nationwide emerging IT infrastructure in planning and design phase, and to classify the assessment result into 5 levels is the goal of this research. The development strategy provided in this paper could improve a benefit-cost-ratio of investments on emerging IT infrastructure. With a premature assessment of the potential risks of a nationwide emerging IT infrastructure which needs astronomical amount of public funds, it could show a way of systematic investments on security systems and improve a benefit-cost-ratio of investments on emerging IT infrastructure. Also, this approach might improve the safety of nationwide IT infrastructure. It could identify and provide an optimized solution for the potential risks of nationwide IT infrastructure.

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The Potential Cost-Benefit Analysis on the Disability Discrimination Act in Korea (장애인차별금지법의 잠재적 비용-편익 분석: 고용영역을 중심으로)

  • Yu, Dong-Chul
    • Korean Journal of Social Welfare
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    • v.57 no.2
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    • pp.297-320
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    • 2005
  • This study was attempted to give aids in making 'the Disability Discrimination Act' by estimating the potential Cost-Benefit in case that the discrimination on the disabled is removed. The potential benefits from this Disability Discrimination Act are calculated considering the income increase of the people with disabilities from additional employment for them and the decrease of employment levies and the public assistance benefits. The potential cost was made focusing on the following 2 expenses- the extra expenditures that the owners of companies had to invest from the employment of the disabled and the managing expenses for correcting discrimination organizations. As the result of this estimation, the potential net present value under the 7% discount rate is very high as 12,700,301 million won and the cost-benefit ratio is also great as 96.8. The consequence of the sensitive analysis in changing the discount rate also does not have great changes. As the result of these estimating results, it is known that when the discrimination is solved by the 'Disability Discrimination Act', the pure benefit of our society will become tremendous. After all, it could be said that the need for 'the Disability Discrimination Act' is emphasized and should be emphasized.

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A Study on Cost-Benefit Analysis for Geographic Information (국토지리정보의 비용편익(B/C) 분석)

  • Kim, Kye-Hyun;Park, Hong-Gi;Kim, Kwang-Ju;Choi, Hoon-Sung;Song, Yong-Cheol;Park, Tae-Og
    • Journal of Korean Society for Geospatial Information Science
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    • v.10 no.4 s.22
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    • pp.85-93
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    • 2002
  • Since the National Geographic Information System(NGIS) project of 1995, the geographic information projects have been promoted in various areas such as central and local governments. In the fact that large scale budget has been invested to geographic information projects as a national policy, the cost-benefit analysis would be essential to enhance the efficiency of the resource allocation. In this circumstance, this study analyzes the costs and benefits of geographic information produced by NGI(National Geography Institute). As a result of the cost-benefit analysis, the total amount of benefits were estimated approximately 620 million dollars and the accumulated ratio of the cost to benefit was 1 to 4.4. Also, the internal ratio of the benefit was 38%, which justified the large scale investment. In case of adding qualitative benefits which can not be measured in a quantitative term, the overall benefits from using such geographic information would be much higher than quantitative benefits. Further research work is required for more objective verification of the large scale national project such as building nationwide geographic information.

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Economic Feasibility Analysis of Marine Debris Pollution Abatement Technology Program (해양쓰레기 오염대응 기술개발사업의 경제적 타당성 분석)

  • Kwon, Young-Ju;Park, Se-Hun;Yoo, Seung-Hoon
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.17 no.4
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    • pp.274-282
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    • 2014
  • The Korean government is considering the implementation of the marine debris pollution abatement technology program (MDPATP) to mitigate the negative impacts of marine debris and systematically manage marine debris through scientific researches such as monitoring and environmental impact assessment of marine debris. In this regard, this study attempts to analyze the economic feasibility of the MDPATP in order to provide policy-maker with useful information. To this end, the indices for economic feasibility such as net present value (NPV), benefit/cost (B/C) ratio, and internal rate of return (IRR) are presented. The results show that NPV, B/C ratio, and IRR are computed to be 45.7 billion won, 2.72, and 17.12%, respectively, which are bigger than 0, 1.0, and 5.5%, and that the MDPATP passes the cost-benefit analysis. Thus, it is concluded that it is socially profitable to conduct the MDPATP.

Predictors of HPV Vaccination Status in Female Nursing University Students: HPV related Knowledge and Perception (여자 간호대학생의 HPV 예방접종 상태에 영향을 미치는 요인: HPV 지식과 인식을 중심으로)

  • Park, Hyunju
    • Journal of the Korean Society of School Health
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    • v.29 no.3
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    • pp.123-131
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    • 2016
  • Purpose: Human Papillomavirus(HPV) vaccination is the best prevention for cervical cancer. Therefore, this study was to examine the best predictors of HPV vaccination status in female nursing university students. Methods: Five hundred and forty junior and senior female nursing students from Seoul and provinces of Kyunggi, Chungcheong and Gyungsang completed paper and pencil questionnaires. Descriptive statistics, $x^2$ test, t-test, and multiple logistic regression with dummy variables were conducted using SAS 9.2. Results: Of the total students, 56.8% were vaccinated. As a result of the analysis of the bivariate relationships, family economic status, school type, perceived susceptibility, perceived benefit and perceived barriers (cost, time, distance from hospital and side effects) were significantly related to vaccination status. After controlling for the general characteristics and the HPV related knowledge score, higher family economic status (Adjusted Odds Ratio [AOR]: 3.78, 95% Confidence Interval [CI]: 1.21~11.76), private university (AOR: 1.69, 95% CI: 1.14~2.53), higher perceived benefit (AOR: 1.80, 95% CI: 1.47~2.20), lower perceived barrier (cost) (AOR: 0.86, 95% CI: 0.74~0.99), lower perceived barrier (time) (AOR: 0.71, 95% CI: 0.61~0.84), and lower perceived barrier (side effects) (AOR: 0.82, 95% CI: 0.72~0.94) were significantly related to HPV vaccination. Perceived benefit, perceived barrier (time) and perceived barrier (side effects) were the top 3 predictors of HPV vaccination status. Conclusion: This study suggests that vaccinated female nursing students were more likely to be from higher family economic status and private universities and have a higher perception of benefit and a lower perception of barriers (cost, time, and side effects). Thus, efforts to increase HPV vaccination rates of female nursing students should focus on improving their perception of benefit while lowering their perception of barriers, particularly cost, time and side effects.

Economic analysis of biodegradable snow crab gill net model project (생분해성 대게 자망 시범사업의 경제성 분석)

  • Park, Seong-Kwae;Park, Seong-Wook;Kwon, Hyeok-Jun
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.45 no.4
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    • pp.276-286
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    • 2009
  • The main purpose of this research is to analyze economic feasibility of biodegradable sonw crab gill net model project. The results of benefit/cost analysis show that use of the biodegradable gear is economically feasible. Assuming that the rate of gill net lost is 5 percent, net present value was estimated 311,898,282-590,533,375won, benefit-cost ratio 1.816-1.923 and internal rate of return 7.96-10.59%. The development and diffusion of biodegradable fishing gear appear to make a significant contribution to fisheries resource conservation and marine ecosystem protection. In addition, biodegradable gear production firms may have a good opportunity of exporting it to other coastal states, depending on the progress of WTO subsidy negotiation.