• Journal of Korean Society of Transportation
• /
• v.19 no.5
• /
• pp.109-117
• /
• 2001

The median encroachment accident model proposed in this paper is the first step to develop cost-effective criteria about installing facilities preventing traffic accidents by median encroachment. This model consists of expected annual number of median encroachment on roadway and conditional probability to collide with vehicles on opposite lane after encroachment. Expected encroachment number is related to traffic volume and quote from a study of Hutchinson & Kennedy(1966). The probability of vehicle collision is composed of assumed headway distribution of opposite directional vehicles (negative exponential distribution), driving time of encroaching vehicle and Gap & Gap acceptance model. By using expected accident number yielded from the presented model, it will be able to calculate the benefit of reduced accident and to analyze the cost of installing facilities. Therefore this will help develop cost-effective criteria of what, to install in the median.

• Journal of the Korea Institute of Building Construction
• /
• v.1 no.2
• /
• pp.154-164
• /
• 2001

This research is aiming to specify the requirement of the investment such as intial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist building to promote the functions has been applied, no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific date base should be established to apply the suggested economic acessments in business enough ti forecast the future circumstances. More researches should be promoted on the area continuously as well as the integrated economic evaluation of remodeling on existing building.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2002.11a
• /
• pp.103-109
• /
• 2002

This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data bate should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

• Information Systems Review
• /
• v.22 no.2
• /
• pp.1-24
• /
• 2020

Cloud computing technology is expanding its services to individual consumers through storage and applications. This study aims to compare the predisposing factors that affect the perceived value and the intention to use between users who have used or experienced services and those who have never experienced services from the perspective of benefit and sacrifice based on the value-based acceptance model. The results showed that the sacrifice factor (perceived cost) had a significant effect on perceived value and perceived value had a significant effect on intention to use, but showed a difference in perceived benefit. Perceived usefulness, ubiquity, and network effects had significant impact for experienced users' perceived value, but for inexperienced users, ubiquity did not have significant impact. In addition, usefulness was the most significant factor for experienced users while network effect was the same for inexperienced users. The results of this study suggest that consumers' intention to use personal cloud service is evaluated as a benefit and sacrifice point and a new attempt to re-examine the role of previous experience.

• Journal of Korean Society of Water and Wastewater
• /
• v.37 no.6
• /
• pp.311-324
• /
• 2023

As an advanced study on the method of calculating the target revenue water ratio of local waterworks through the leakage component analysis method proposed by Kim et al. (2022), this study developed a model to calculate the achievable revenue water ratio within the specified project cost, the required project cost to achieve the specified target revenue water ratio, and the economically appropriate target revenue water ratio level by considering the leakage reduction cost and leakage reduction benefit for each revenue water ratio improvement strategy, and conducted an applicability evaluation of the developed model using actual field data. The procedure for calculating the target revenue water ratio of local waterworks considering economics proposed in this study consists of three stages: physical data linkage model construction, leakage component analysis, and economic analysis, and the applicability was evaluated for Zone H with branch type and the Zone M network type. As a result of the application, it was calculated that approximately 32.5 billion won would be required to achieve the target revenue water ratio of 70% in the Zone H, and approximately KRW 10.5 billion would be required to achieve the target revenue water ratio of 75% in the Zone M. If the business scale of Zones H and M was corrected to 10,000 m³/day of water usage, the required project cost for a 1% improvement in the revenue water ratio of Zone H was calculated to be 0.7642 billion won and 0.4715 billion won for Zone M.

• International Journal of Fluid Machinery and Systems
• /
• v.3 no.4
• /
• pp.369-378
• /
• 2010

The creation of the hydraulic turbine flow factor map will undoubtedly benefit its design by decreasing both the design cycle time and product cost. In this paper, the geometry and flow variables, which effectively affect the flow factor, are proposed, analyzed and determined. These flow variables are further used to create the operating condition maps by using different model approaches categorized into Response Surface Method (RSM) and Artificial Neural Network (ANN). The accuracies of models created by different approaches are compared and the performances of model approaches are analyzed. The influences of chosen variables and the combination of Principle Component Analysis (PCA) and model approaches are also studied. The comparison results between predicted and actual flow factors suggest that two-hidden-layer Feed-forward Neural Network (FFNN), and one.hidden-layer FFNN with PCA has the best performance on forming this mapping, and are accurate sufficiently for hydraulic turbine design.

• Advances in nano research
• /
• v.16 no.5
• /
• pp.521-529
• /
• 2024

The integration of nanoparticles into various industries has spurred interest in understanding their impact on logistics and transportation systems. In this study, we investigate the effect of nanoparticles on the economic aspects of railway logistics transport using a mathematical model. By incorporating factors such as transportation costs, time efficiency, and environmental considerations, we aim to assess the overall economic feasibility of integrating nanoparticles into railway logistics operations. Through mathematical modeling and analysis, we explore how the introduction of nanoparticles affects cost-benefit analyses, resource allocation, and decision-making processes within railway logistics. Our findings provide valuable insights into the economic implications of nanoparticle integration in railway transport, offering potential strategies for optimizing logistics operations and enhancing overall efficiency and sustainability.

• Journal of Korean Society of Coastal and Ocean Engineers
• /
• v.23 no.1
• /
• pp.57-62
• /
• 2011

At this point that port industry brings a new change as the concept of 'Green Logistics' appears, studies on an economic analysis of existing port Re-modeling have normally been conducted focused on market value factors such as Benefit-Cost analysis, On the other hand, there have been few studies on the analysis of Non-market value factors such as environmental value. Therefore, the purpose of this study is aimed to establish a Feasibility analysis model of Incheon inner port Re-modeling in the aspect of Non-market Benefit Factors classified by related factors such as, marine environment, waterfront facility and welfare of users by using AHP methodology based on the extracted result through previous studies.

• Journal of Korean Society of Transportation
• /
• v.27 no.5
• /
• pp.7-16
• /
• 2009

This paper proposes a plan which can raise the accuracy of economic benefit estimation in road construction projects. The point of existing economic appraisals may be that the speeds forecasted by models are different from the field speeds because only volumes are calibrated in the road network. The result of such a calibration has an influence on estimating wrong economic benefits in terms of vehicle operating cost savings, travel time savings, and air pollution savings. Then this study performs a calibration when volumes are at the same amount but the calibration between the field speeds and model speeds is different from each other with two different volume-delay functions; the differences of benefits are confirmed according to two different speed calibrations. Three improvement schemes, including the development of a new volume-delay function, are proposed in this study in order to solve the problem of current benefit calculations. The outcome of this study will help practitioners perform more accurate benefit calculations and reasonable economic appraisals.

• KIPS Transactions on Computer and Communication Systems
• /
• v.1 no.3
• /
• pp.193-204
• /
• 2012

This paper specifies a low-cost global mobility management architecture and protocol procedure called LC-$GM^2$, which is based on Proxy Mobile IPv6. In LC-$GM^2$, mobility management is performed by the network entity. The benefit is the elimination of the wireless link data delivery tunnel overhead between a mobile node and the access router. To compare with the well-known Hierarchical Mobile IPv6 mobility management protocol and GPMIP, the location update, packet delivery, and total cost functions generated by a mobile node during its average domain residence time are formulated for each protocol based on Fluid-flow mobility model. Then, the impacts of various system parameters on the cost functions are analyzed. The analytical results indicate that the proposed global mobility management protocol can guarantee lower total costs.