• Title/Summary/Keyword: Benefit-Cost model

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Estimation of Operating Cost and Efficiency of the Introduction of Urban Subway (대중교통 운영비용계수 추정 및 도시철도 도입 효율성 검토)

  • Park, Jun-Sik;Oh, Dong-Kyu;Kho, Seung-Young
    • Journal of Korean Society of Transportation
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    • v.26 no.6
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    • pp.113-122
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    • 2008
  • This study extended Park et al.(2007c), which analyzed the efficiency of a hierarchical transit network, showed the result of a real data, and analyzed its applicability. Operating cost was estimated using a model which was established in this study, and minimum transit demand was derived from the operating cost. The minimum transit demand value is just a sample calculation, thus it varies by many inside and outside factors of the model. Looking at the inside of the model, operating cost and travel speed are major factors, and the possibility of introducing urban subway becomes high when the operating cost of the transit system is low and its travel speed is high. As far as the outside factors are concerned, according to the analysis on the network structure, transit demand, and transit mode share, the minimum transit demand value which was derived in this study will be the maximum value among the possible values. In the feasibility study, the benefit is likely to be overestimated and the cost is likely to be underestimated than those of this study. It could be concluded that the methodology of a feasibility study is appropriate in the field standard. This study analyzed the efficiency of introduction of urban subway using analytical approach, thus has many shortcomings and limitations. However the practical approach, like feasibility study, has some limitations as well. This study could be a basis on establishing an analysis framework that is more accurate and reasonable by comparing analytical approach and practical approach.

Effectiveness Analysis for Traffic and Pedestrian Volumes of Pedestrian Pushbutton Signal (차량 및 보행자 교통량에 따른 보행자 작동신호기의 효과 분석)

  • Cho, Han-Seon;Park, Ji-Hyung;Noh, Jung-Hyun
    • International Journal of Highway Engineering
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    • v.9 no.4
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    • pp.33-43
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    • 2007
  • Because usually signal controllers on the crosswalks of mid-block provide pedestrian signals every cycle based on the fixed signal plan, pedestrian signals are provided even when there is no pedestrian demand. Consequently, signal is operated inefficiently and this may cause drivels to experience useless delay or violate the signal. Even though recently pushbuttons have been installed to improve the efficiency of pedestrian signal control in the crosswalks of mid-block and the pedestrian safety. they are not spread out national-wide in Korea because of the cost of the pushbutton equipments and the lack of an acknowledgement of the efficiency of the pushbutton. In this study, the effectiveness of the pushbutton on saving the vehicle delay was verified through before and after study in 4 study sites using a traffic micro-simulation model, VISSIM. To evaluate the viability of the pushbutton, a benefit/cost analysis was also performed for 4 study sites. It was found that B/C ratio of all of 4 study sites was greater than 1. The sensitivity analysis for the traffic volume and pedestrian volume were performed to identify the impact of the both volume on the operation of pushbutton. And, a benefit/cost analysis was performed for all scenarios. It was found that when the pedestrian volume is greater than 90ped/h, the pedestrian signal was operated same as the fixed signal plan. That is, there is no benefit of pushbutton at all once the pedestrian volume is greater than 90ped/h. When the pedestrian volume is equal to or less than 90ped/h and the traffic volume is greater than 2,500veh/h, B/C ratio is greater than 1. Also it was found that as traffic volume increases and pedestrian volume decreases, the benefit increases. In this study, the criteria for installation of pushbutton on the crosswalks of mid-block are developed through the sensitivity analysis and benefit/cost analysis. The results of this study may be used as a criteria for expansion of pushbutton system.

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Current Industrial and Technological Trends in Satellite Simulator (위성시뮬레이터 산업기술동향)

  • Lee, Hoon-Hee;Park, Young-Woong;Park, Keun-Joo;Kim, Dae-Kwan;Lee, Sun-Ho;Yong, Ki-Lyuk
    • Current Industrial and Technological Trends in Aerospace
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    • v.9 no.1
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    • pp.110-118
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    • 2011
  • In this paper, design techniques and technological trends applied on simulator development, which are based on Model Driven Architecture, are described. The methodology, process and modeling support tools for development of simulation software are introduced with both satisfaction of user's requirements and benefit to simulator developers of reducing cost. In addition, contents in ECSS standard for reusability of simulation model and its usages applied on industries are presented and major features of current technological changes with highlights of key-word are discussed.

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Governance of A Public Platform Project in the Context of Digital Transformation Focusing on the 'Special Delivery' (공공플랫폼 구축사업의 거버넌스: 경기도 배달플랫폼 '배달특급'의 사례를 중심으로)

  • Seo, Jeongone
    • Journal of Information Technology Services
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    • v.21 no.5
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    • pp.15-28
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    • 2022
  • Recently, government agencies are actively adopting the platform model as a means of public policy. However, existing studies on the public platform are minimal and have focused on user experiences or the possibility of public usage of the platform model. Now the research concerning building governance structure and utilizing network effects of the platform after adopting the platform model in the public sector is keenly required. This study intended to ignite academic dialogue on the governance of public platforms in the context of digital transformation. This study focused on a case of the 'Special delivery,' a public delivery app established by Gyeonggi-do. In order to analyze the characteristics of the public platform and its governance structure, data were collected from press releases, policy reports, and news articles. Data was analyzed using the frame of Hagui's platform design factors and Ansell & Gash's collaborative governance model. The results of the public platform analyses showed 1) incompleteness in the value trade-off accounting, which was designed for platform business based on general cost-benefit analysis, and 2) a closed governance structure that limits direct participation of diverse user groups(i.e., service provider, customer) in order to enhance providers' utility by preventing customers' excessive online activities. The results of this study provided theoretical and policy implications regarding designing the strategy for accounting for value trade-offs and functioning governance structure for public platforms.

The Effects of the Previous Corporation Internal Reservation on the Current R&D Investment -Using EDU as a moderating variable & Verification through GBM model (법인의 전기 사내유보가 당기 연구개발 투자에 미치는 영향 - 교육훈련비의 조절변수 효과 및 GBM 모델을 통한 검증)

  • Yoo, Joon-Soo;Jeong, Jae-Yeon
    • Journal of the Korea Convergence Society
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    • v.9 no.1
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    • pp.9-20
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    • 2018
  • The purpose of this paper is to analyze the effect of corporation internal reservation on R&D investment. It is to find how much effect the reflux tax has achieved through empirical analysis. In addition, education training expense was taken as a moderating variable to find the effectiveness of government policy. Furthermore, the study looked through the effect once again by using GMB model. According to the result counted by regression analysis, it could be concluded that the effect of both moderation and intervention had a significant effect and the variable of interest cost and welfare & benefit cost in model 1, 2 and 3 had a meaningful impact at the level of 99%. On the other hand, the previous corporate internal reservation failed to show any significant result in all types of models. Even in GBM model of convergence level applied to additional analysis, similar results came out.

BIM based Integration Method of Cost and Schedule Information (BIM기반 비용.일정 통합관리 방안에 관한 연구)

  • Jung, Do-Young;Baek, Yuong-In
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.321-325
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    • 2008
  • 3D and BIM technology are presumed to be used more and more in the construction industry. The scope of this paper arose from a general wondering of how the constructor in general can benefit from the use of 3D models. Presented herewith is the first application of BIM in Korea to a actual bridge construction site located in Cheongpoong in Chooncheongbook-Do. This paper tries to integrate design, cost and schedule under location-based conditions with industry-specific solution for 3D modeling. 292 activities constitute the cable-stayed bridge of 442m long with a main span of 327m long. Integration of 3D model, cost and schedule is shown by comparing the measurements of works at a specific time by use of 2 different construction sequencing scenarios and cost breakdown structures.

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An Efficient Multicast-based Binding Update Scheme for Network Mobility

  • Kim, Moon-Seong;Radha, Hayder;Lee, Jin-Young;Choo, Hyun-Seung
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.2 no.1
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    • pp.23-35
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    • 2008
  • Mobile IP (MIP) is the solution supporting the mobility of Mobile Nodes (MNs), however, it is known to lack the support for NEtwork MObility (NEMO). NEMO manages situations when an entire network, composed of one or more subnets, dynamically changes its point of attachment to the Internet. NEMO Basic Support (NBS) protocol ensures session continuity for all the nodes in a mobile network, however, there exists a serious pinball routing problem. To overcome this weakness, there are many Route Optimization (RO) solutions such as Bi-directional Tunneling (BT) mechanism, Aggregation and Surrogate (A&S) mechanism, Recursive Approach, etc. The A&S RO mechanism is known to outperform the other RO mechanisms, except for the Binding Update (BU) cost. Although Improved Prefix Delegation (IPD) reduces the cost problem of Prefix Delegation (PD), a well-known A&S protocol, the BU cost problem still presents, especially when a large number of Mobile Routers (MRs) and MNs exist in the environment such as train, bus, ship, or aircraft. In this paper, a solution to reduce the cost of delivering the BU messages is proposed using a multicast mechanism instead of unicasting such as the traditional BU of the RO. The performance of the proposed multicast-based BU scheme is examined with an analytical model which shows that the BU cost enhancement is up to 32.9% over IPDbased, hence, it is feasible to predict that the proposed scheme could benefit in other NEMO RO protocols.

BIM based Integration Method of Cost and Schedule Information (BIM기반 비용.일정 통합관리 방안에 관한 연구)

  • Baek, Young-In
    • Proceedings of the Korean Geotechical Society Conference
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    • 2009.09a
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    • pp.695-699
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    • 2009
  • 3D and BIM technology are presumed to be used more and more in the construction industry. The scope of this paper arose from a general wondering of how the constructor in general can benefit from the use of 3D models. Presented herewith is the first application of BIM in Korea to a actual bridge construction site located in Cheongpoong in Chooncheongbook-Do. This paper tries to integrate design, cost and schedule under location-based conditions with industry-specific solution for 3D modeling. 292 activities constitute the cable-stayed bridge of 442m long with a main span of 327m long. Integration of 3D model, cost and schedule is shown by comparing the measurements of works at a specific time by use of 2 different construction sequencing scenarios and cost breakdown structures.

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Estimating Construction Cost for Small-Sized Apartment Unit (소형공동주택의 적정건축비 추정방안 연구)

  • Lee, Yoo-Seob;Kang, Tae-Kyung;Cho, Hun-Hee;Huh, Young-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.5
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    • pp.94-104
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    • 2006
  • The changed Korean government law associated with the public apartment housing supply, so called the $^{\circ}{\AE}$Apartment Sales Price $Cap^{\circ}{\phi}$, requires new system for estimating construction cost in order to set appropriate price. A model apartment project was carefully designed and its construction cost were analyzed in many different ways. Based on the analyses outcomes, 1,028,000 Won/m2 (excluding cost for underground parking lot) is the most appropriate Price Cap for a smaller than $85{\beta}{\geq}$ apartment unit. Further, it was revealed that the price have to be adjusted reflecting such factors as underground size; structural system; external complex quality; and consumer preferences. Findings from this study will enable the Korean government to realize faster and better application of the related laws. The methodology for obtaining appropriate apartment construction cost will also benefit for future researchers.

Comparison of Sampling and Estimation Methods for Economic Optimization of Cumene Production Process (쿠멘 생산 공정의 경제성 최적화를 위한 샘플링 및 추정법의 비교)

  • Baek, Jong-Bae;Lee, Gibaek
    • Korean Chemical Engineering Research
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    • v.52 no.5
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    • pp.564-573
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    • 2014
  • Economic optimization of cumene manufacturing process to produce cumene from benzene and propylene was studied. The chosen objective function was the operational profit per year that subtracted capital cost, utility cost, and reactants cost from product revenue and other benefit. The number of design variables of the optimization are 6. Matlab connected to and controlled Unisim Design to calculate operational profit with the given design variables. As the first step of the optimization, design variable points was sampled and operational profit was calculated by using Unisim Design. By using the sampled data, the estimation model to calculate the operational profit was constructed, and the optimization was performed on the estimation model. This study compared second order polynomial and support vector regression as the estimation method. As the sampling method, central composite design was compared with Hammersley sequence sampling. The optimization results showed that support vector regression and Hammersley sequence sampling were superior than second order polynomial and central composite design, respectively. The optimized operational profit was 17.96 MM$ per year, which was 12% higher than 16.04 MM$ of base case.