• Title/Summary/Keyword: Cost Change

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A Review of the Integrated Strategy for Climate Change and Air Pollution Management (기후변화와 대기환경의 통합적 관리에 대한 고찰)

  • Song, Chang-Keun;Lee, Suk-Jo;Yoon, Jong-Soo
    • Journal of Korean Society for Atmospheric Environment
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    • v.27 no.6
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    • pp.805-818
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    • 2011
  • The unequivocal risk of climate change, the weakness of energy security, and the problem of air quality will be possibly accelerated by the same reason, the enhanced fossil fuel dependancy in the future. It is obvious that greenhouse gases and air pollutants are mainly emitted from same sources. Moreover, greenhouse gases and air pollutants have their adversed impacts on same socio-economical, and environmental sectors. With these regards, several but limited studies have emphasized on the importance of the integrated management of climate change and air quality problem. In this study, we address the current trend of energy consumption and the change of air quality condition. Also the related policies are checked out in order to reduce emissions of greenhouse gases and air pollutants in Korea. By surveying previous studies, it is shown that the cost of climate change actions can be reduced by air quality co-benefits and vis-a-versa. Also the integrated strategy for climate change and air quality is introduced in term of cost-effectiveness and co-benefit.

The Research on Development of Road Cost Index Using Each Representative Item of Expenditure (비목별 주요 항목을 활용한 도로 공사비지수 산정에 관한 연구)

  • Chun, Jin Yong;Woo, Sungkwon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.1D
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    • pp.105-113
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    • 2006
  • Construction cost index is generally used to estimate the new project cost based on past construction data and to adjust the contract cost when the price change of various articles and items of expenditure composing the contract occurs. In Korea, it is mostly used for modulation of construction contract cost due to fluctuation of prices. However the method for making cost index had some problems in calculating cost index of each expenditure item that could not properly reflect the change of construction cost. To supplement these problems, the research of developing construction cost index has been executed. Through the precedent research, these problems were partially resolved but still remain. Therefore this research proposes the method for making cost index that utilizes representative items of labor, material, equipment by analyzing bill of quantity of road construction, through analysis and comparison of precedent studies. By using this method, it is expected to solve the problems which were not reflected in preceeding studies.

Analysis of Change of Construction Material Price by International Oil Price Fluctuation (국제유가 변동에 따른 건설자재가격 변화 분석)

  • Park, Jin-Yong;Byun, Jeong-Yoon;Yoo, Seung-Kyu;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.319-320
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    • 2012
  • International oil prices is the world's leading macroeconomic indicators. Rising international oil price has been worsening. profitability of construction company including material cost as well stagnation in housing market. Thus, according to fluctuations in international oil prices has cost index need to see any change happening there. in this study, 2000 to 2011 interest rates, exchange rates and oil price fluctuations in construction cost is to compare the impact.

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Analysis of the effects of information-sharing on supply chain management using simulation (시뮬레이션을 이용한 공급사슬관리에서의 정보공유 방식에 따른 효과분석)

  • Li, Guang-Zhu;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.12 no.4
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    • pp.153-160
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    • 2010
  • In this paper, effects of information sharing in multi-level supply chain management have been studied through simulation. The simulation model consists of a manufacturing company as a center, three suppliers, two logistic centers, and three different retail supply lines of each logistics centers. The mathematical model and the simulation were developed when real-time information sharing occurs and does not occur in supply chain under the assumption that each company applies (s, S) inventory policies. In addition, this paper analyzed the effects of the change of variables related to total costs, which compose of total ordering cost, total transportation cost, total carrying cost and shortage cost that are caused by the change of demand of three different patterns with the way of information sharing.

The Effects of Imprecise Measurement on the Economic Asymmetric $\bar{X}$ and S Control Charts

  • Yang, Su-Fen
    • International Journal of Quality Innovation
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    • v.3 no.2
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    • pp.46-56
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    • 2002
  • The presence of imprecise measurement may seriously affect the efficiency of process control and production cost. A cost model is derived to determine the design parameters of the economic asymmetric $\bar{X}$ and S control charts including measurement errors. The effects of imprecise measurement on the performance of the economic asymmetric $\bar{X}$ and S control charts and production cost are examined for the case where the process mean and process standard deviation may change. Application of the proposed control charts is demonstrated through an example. Numerical examples illustrate the effects of imprecise measurement on the design parameters of the proposed control charts. It shows that the imprecision measurement may seriously affrct the ability of the proposed control charts to detect process disturbances quickly, change the sampling frequency, and increase the production cost compared to the control charts excluding measurement errors.

A Study on the Effect of the Inventory Policy on Military Supply Chain Performance - Focused on System Dynamics - (재고정책에 따른 군 공급체인 성과에 관한 연구 - 시스템 다이나믹스를 중심으로 -)

  • 안병기;김태현;문성임
    • Journal of the military operations research society of Korea
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    • v.28 no.2
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    • pp.1-19
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    • 2002
  • This study shows the effect of inventory policy change from supplier-based to customer-based. We focus on the service level, cost, and information distortion of the Military Supply Chain(MSC) with System Dynamics. We design MSC model according to field practician interviews by using Vensim. The simulation makes a comparison between supply-based inventory policy performances and order-based inventory policy performances. In order to evaluate the MSC performances, we measure the accumulation of backlog(service level), supply chain cost, and order percentage overshoot(information distortion). The results show that 1) changing inventory policy from supplier-based to end customer order-based gets a good customer service, reduces MSC cost, and prevents information distortion, 2) changing inventory policy from supplier-based to immediate customer order-based reduces a small amount of MSC cost and deteriorates customer service, and 3) supply level is main factor for MSC performances improvement. This study implicates the policy change makes a improvement of MSC performance without introducing information system.

Guaranteed cost control for singular systems with time delays using LMI

  • Kim, Jong-Hae
    • 제어로봇시스템학회:학술대회논문집
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    • 2002.10a
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    • pp.44.1-44
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    • 2002
  • This paper is concerned with the problem of designing a guaranteed cost state feedback controller for singular systems with time-varying delays. The sufficient condition for the existence of a guaranteed cost controller, the controller design method, and the optimization problem to get the upper bound of guaranteed cost function are proposed by LMI(linear matrix inequality), singular value decomposition, Schur complements, and change of variables. Since the obtained sufficient conditions can be changed to LMI form, all solutions including controller gain and upper bound of guaranteed cost function can be obtained simultaneously.

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Measuring Surface Water Temperature Effects on the Walleye Pollock Fishery Production using a Translog Cost Function Approach (트랜스로그 비용함수를 이용한 해수온도변화에 따른 명태 어획량 분석)

  • Lee, Yoon;Kim, Dong-Yeub
    • Environmental and Resource Economics Review
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    • v.19 no.4
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    • pp.897-914
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    • 2010
  • The translog cost function of Korean Walleye pollock fishery is used to examine the impact of surface water temperature change led by global climate change. Catched of walleye pollock are very sensitive to water temperature and material cost. Elasticities of production to water temperature are -9%, significantly lower than we expected. There may be alternative explanations for the productivity decrease, including the possibility of overfishing and water pollution. However, the impact of climate change is obvious and inevitable. Therefore the government may encourage local fishermen to change from current cold water to warm water fisheries. Moreover continuos monitoring for the possibility of illegal activities at the East Sea. Finally, collaborated political efforts may be needed among the nations in the East Sea to conserve a Walleye Pollock fishery.

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Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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Development of Cost Management Process during Design Phase based on Design to Cost (DTC(Design to Cost)기반의 설계단계 사업비관리 프로세스 개발)

  • Park, So-Hyun;Moon, Hyun-Seok;Hyun, Chang-Teak
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2009.11a
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    • pp.209-212
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    • 2009
  • The Development of Cost Management is embossed efficiently to use the budget for the construction industry. The government is exploring every efforts and polices to control increasing the budget for the construction industry. However, despite of the government's efforts, researches are insufficient for a cost management of development. Also, the changed cost of construction by frequent plan change is caused of decline in quality etc during an accomplishing project. Therefore, in this study, analyzed about principal official phase of design phase to solve the problem. In order to define clearly the target cost concepts in the planning phase apply to the DTC(Design To Cost) concept and technique at the development of cost management process which will be able to manage the enterprise expense. It's process is expected with the fact that will be the possibility efficiently of fixing target cost in the planning phase by the construction client and designer.

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