• Title/Summary/Keyword: Budgeting

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A Studyon Implementation of TPBS (Transportation-planning Programming Budgeting System) (교통기획예산제도(TPBS) 도입방안에 관한 연구)

  • 김종민
    • Journal of Korean Society of Transportation
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    • v.13 no.1
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    • pp.153-165
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    • 1995
  • The budget management in Korea is one-year budget system which is just following int he steps of last years budget plan. This system towards traditional item-by-item and restriction-centered budget system. The budget distribution without establishing and considering rational policy goals and directions have brought inefficient resource allocations. In order to promote the implementation of transportation planning, there are some alternatives like introduction of top-down planning system preparing for the provincial self-government era. In this study, the most efficient alternatives to promote the existing management system is referring by foreign countries transportation planning examples(BVWP system in Germany). First of all, mid-long term transportation and budget planning should be established and then make decisions of resource availability and allocation. In order to provide ration budget planning, introduction of Transportation Planning Programming Budget System(TPBS) has been judged as one of the method of unifying the sysematic transportation improvement planning and budgeting. All transporation planning and related activites can not be expressed in quantity and due to the limitation of excessive cost of analyzing transportation planning and ranking priority, here after, the continuous study to minimize the evaluation cost and introduction of TPBS should be done.

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A Selection Method for Capital Budgeting Projects with Quality Function Deployment (품질기능전개를 이용한 자본투자프로젝트 선정방법)

  • 우태희
    • Proceedings of the Safety Management and Science Conference
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    • 2000.11a
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    • pp.81-85
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    • 2000
  • The purpose of this paper is to describe a new analytic method of capital budgeting projects that takes into account both customer wants and competitor's status and to give decision makers a tool for goal setting and planning for technology. This model, which is based on quality function deployment(QFD), has used the analytic hierarchy process(AHP) to determine the intensity of the relationship between the variables involved in each matrix of the model and the 0-1 integer programming to determine the allocation of funds to various technological projects. This paper also proposes how to calculate the new weight of columns to consider various strength levels of roof matrix, representing the correlation among the quality characteristics, using Lymsn's normalization procedure. To compare this model with Partovi's model, 1 adapt the same example which is suggested by Partovi and I show that the value of object function, has maximization problem, in this model is larger than that in Partovi's model.

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Customer Satisfaction Strategy of the College Considering Capital Budgeting (자본투자를 고려한 전문대학의 고객만족전략)

  • Woo, Tae-Hee
    • Journal of the Korea Safety Management & Science
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    • v.9 no.6
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    • pp.113-122
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    • 2007
  • Quality function deployment(QFD) is becoming a widely used customer oriented approach. The aim of this paper is to present an analytic method of quality function deployment that is to maximize customer satisfaction, using a customer satisfaction survey conducted in the college in Korea. Combining weights and satisfaction indices, "performance/important" diagrams are to develop and this grid can be used in order to identify priorities for decision making. Also, this paper shows a 0-1 integer programming model for maximizing customer satisfaction subject to a budget constraint in QFD planning process with case study.

Optimization Model for Sewer Rehabilitation Using Fast Messy Genetic Algorithm (fmGA를 이용한 하수관거정비 최적화 모델)

  • Ryu, Jae-Na;Ki, Beom-Joon;Rark, Kyoc-Hong;Lee, Cha-Don
    • Journal of Korean Society of Water and Wastewater
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    • v.18 no.2
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    • pp.145-154
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    • 2004
  • A long-term sewer rehabilitation project consuming an enormous budget needs to be conducted systematically using an optimization skill. The optimal budgeting and ordering of priority for sewer rehabilitation projects are very important with respect to the effectiveness of investment. In this study, the sewer rehabilitation optimization model using fast-messy genetic algorithm is developed to suggest a schedule for optimal sewer rehabilitation in a subcatchment area by modifying the existing GOOSER$^{(R)}$ model having been developed using simple genetic algorithm. The sewer rehabilitation optimization model using fast-messy genetic algorithm can improve the speed converging to the optimal solution relative to GOOSER$^{(R)}$, suggesting that it is more advantageous to the sewer rehabilitation in a larger-scale subcatchment area than GOOSER.

A Study on Proper Acquisition Cost Estimation Using the PRICE Model (PRICE모델을 이용한 적정 획득비용 추정 방안)

  • 한현진;강성진
    • Journal of the military operations research society of Korea
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    • v.27 no.1
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    • pp.10-27
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    • 2001
  • This paper deals with the application of PRICE model in estimating the proper acquisition cost for weapon budgeting phase. The PRICE(Parametric Review of Information for Costing and Evaluation) Hardware model is a computerized method for deriving cost estimates of electronic and mechanical hardware assemblies and systems. The model can be used in obtaining not only initial cost estimates in conceptual phase, but also detailed cost estimates in budgeting phase depending on available historical and empirical data. We analyzed first step cost estimate parameters and derived cost equations using PRICe output dta. Using weight and complexity, We can find cost variation. Sensitivity analysis shows that cost increases exponentially as complexity increases exponentially as complexity increases. We estimated KAAV\`s (Korea Amphibious Assault Vehicle) production cost using the PRICE model and compare with engineering cost estimates which is based on actual production data submitted by the production company. The result shows that tow estimates are close within $\pm2%$ differences.

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An Exploratory Study on the BSC Project Issues Influencing Business Process Innovation (BSC 프로젝트 활동이 기업의 업무혁신에 미치는 영향)

  • Chun, Hong-Mal;Bang, Myung-Ha
    • Journal of Information Technology Services
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    • v.5 no.3
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    • pp.45-62
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    • 2006
  • The research is intended to satisfy two interesting research purposes: one is to examine activities of both BSC adotion phase and implementation phase under carrying BSC project. The second purpose is to analyze the influence from those activities towards innovating business world. This study was conducted thru online questionnaires via online survey system during 3 months for targeting mainly on business users and consultants. The findings of the study suggest that employee's involvement, BSC information sharing, collaboration cross task related teams have major roles to operate BSC successfully. From findings, KPI choice, top-down goal allocation, budgeting allocation have strong influences on upgrading business innovations. Those businesses like to considering adoption of BSC can benefit from the findings of the research.

A New Chance-Constrained Programming Approach to Capital Budgeting (확률제약조건계획법(確率制約條件計劃法)을 이용(利用)한 자본예산모형(資本豫算模型))

  • Lee, Ju-Ho
    • Journal of Korean Institute of Industrial Engineers
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    • v.6 no.2
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    • pp.21-29
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    • 1980
  • This paper deals with the capital budgeting problem of a firm where investments are risky and interrelated. The established models might be classified into two categories; One is the chance-constrained programming model and the other is the expected utility maximization model. The former has a rather limited objective function and does not consider the risk in direct manner. The latter, on the other hand, might lead to a wrong decision because it uses an approximate value of expected utility. This paper attempts to extend the applicability of the chance-constrained programming model by modifying its objective function into a more general form. The capital budgeting problem is formulated as a nonlinear 0-1 integer programming problem first, and is formulated into a linear 0-1 integer programming problem for finding a lower-bound solution of the original problem. The optimal solution of the original problem is then obtained by branch & bound algorithm.

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Facilities Management Using Multi-Dimension Spatial Information (다차원 공간정보를 이용한 시설물관리)

  • Choi, Seok-Keun;Jo, Ui-Hwan;Lee, Byung-Yong
    • Journal of Korean Society for Geospatial Information Science
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    • v.18 no.1
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    • pp.41-46
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    • 2010
  • The latest multi-dimension spatial information technology is emerging its importance as material for carrying out efficient facilities management's supporting business about numerous facilities inside a university, budgeting decision-making supporting business such as operating expenses' budgeting and management, etc. and admission advertisement, etc. Accordingly, the present study selected an optimal location that can maximize spatial utilization of a building to be newly built by constructing multi-dimension spatial information for facilities management of a university, and executed a site suitability analysis according to transfer of a university symbol and a landscape analysis, etc. according to external environment change. As a result, it appeared that the effects such as prevention of duplicate investment and budget saving, etc. due to university's comfortable spatial composition and systematic comprehensive development & budgeting or decision-making support in case of execution, etc. caused by rationalization of facilities plan & management can be maximized.

Research on the Significance and Improvement of Installation of Special Account for Fire Fighting Officials according to the Nationalization of Fire Fighting Officials (소방공무원 국가직화에 따른 소방특별회계 설치 의의와 개선방안 연구)

  • Park, Nam-Kwun;Ham, Seung-Hee
    • Journal of the Society of Disaster Information
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    • v.17 no.2
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    • pp.218-225
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    • 2021
  • Purpose and Method: Financial field among the various changes due to the nationalization of fire fighting officials is the main point and to stably settle according to the purpose, improvement of special account for fire fighting officials is suggested by analyzing the facts and related acts. Results: To use the fire fighting project budget entirely in fire fire fighting project by the purpose of the installation of special account for fire fighting officials, dual budgeting standard for labor cost should be revised. In the reserve cost budgeting standard "Within 1/100 of the total budget rule" total budget includes the labor cost, as a result reserve cost budget will keep increase, so reserve cost budget should be fixed by the project budget instead of the total budget. Conclusion: To use the fire fighting budget by the purpose of the installation of special account for fire fighting officials, improvement on budgeting standard is necessary to increase quality of the fire service and stably operate the fire fighting organization.

Analysis of the Influencing Factors of the Ordinance Enactment for Supporting Korean Medicine Infertility Treatment in the Metropolitan Area (수도권 한방난임치료지원 조례 제정의 정책 확산 영향 요인 분석)

  • Kim, Yun Hwan;Lim, Byungmook
    • Journal of Society of Preventive Korean Medicine
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    • v.25 no.3
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    • pp.117-124
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    • 2021
  • Objectives : The purpose of this study is to analyze the factors affecting the enactment of local municipalities' ordinance for supporting Korean Medicine infertility treatment in the metropolitan area. Methods : For Seoul, Incheon, and Gyeonggi Province, data on the enactment of Korean Medicine infertility treatment and socio-demographic data of the local municipalities were collected through the Enhanced Local laws and regulations Information System and on-line statistical database. Logistic regression analysis was performed to analyze the factors affecting the enactment of the ordinance, The enactment of the ordinance was dependent variable, and the budgeting of local municipalities, the number of population, the number of births, the number of Korean Medicine doctors, and the total fertility rate were used as independent variables. Results : Up to 2000, the ordinances for supporting Korean Medicine infertility treatment were enacted in 16 local municipalities and the budget for that was supported by 18 local municipalities. Regarding the effect on the enactment of the ordinances, it was found that budgeting of Korean Medicine infertility treatment had a positive (+) effect, and the metropolitan government's budgeting and the total fertility rate had a negative (-) effect. Conclusions : This study suggests that the ordinance for Korean Medicine infertility treatment is a policy tool derived based on the problem of low fertility faced by each local municipality rather than the political influence of health provider's groups.