• Title/Summary/Keyword: Cost Efficiency

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An Analysis of the Trends of Korean National Health Insurance Administrative Cost (건강보험 관리운영비 추이 분석)

  • Park, Chong Yon;Suh, Nam Kyu;Um, Eui Hyeon
    • Health Policy and Management
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    • v.15 no.3
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    • pp.17-39
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    • 2005
  • Social solidarity, equity in financing, and efficiency in administration have been core issues in the development of Korean health insurance reformation since 1988. This study is to investigate the trend of administrative cost in Korean National Health Insurance from various aspects. For the analysis of administrative cost, the expenditures of each insurance society and the National Health Insurance Corporation are divided into 4 items of (1) insurance benefit, (2) administrative cost, (3) an agency provision accounts, (4) other expenses, and then they are reorganized. The analyses based on 5 types of the health insurance administrative cost showed that efficiency in administration has been improved generally. We, however, should consider qualitative aspects such as customer's satisfaction with health insurance administration, prompt service, control of unjust expenditure (unjust claims), and provision of medical service including health consultation in assessing efficiency of administration. And, in order to connect the administrative costs of health insurance with efficiency, we need to give a fundamentally new definition, which can contain elaborateness of expenditure in details including the structure and evaluation method of administrative costs. It may be necessary to develop new indicators or analyzing methods hereafter.

On Multipurpose Replacement Policies for the General Failure Model

  • Cha, Ji-Hwan
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.2
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    • pp.393-403
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    • 2003
  • In this paper, various replacement policies for the general failure model are considered. There are two types of failure in the general failure model. One is Type I failure (minor failure) which can be removed by a minimal repair and the other is Type II failure (catastrophic failure) which can be removed only by a complete repair. In this model, when the unit fails at its age t, Type I failure occurs with probability 1-p(t) and Type II failure occurs with probability p(t), $0{\leq}p(t){\leq}1$. Under the model, optimal replacement policies for the long-run average cost rate and the limiting efficiency are considered. Also taking the cost and the efficiency into consideration at the same time, the properties of the optimal policies under the Cost-Priority-Criterion and the Efficiency-Priority-Criterion are obtained.

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Design and Development of Low-Cost Switched Reluctance Motor Drive System (저가형 스위치드 릴럭턴스 모터 드라이브 시스템 개발)

  • Ha, Keun-Soo
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.11
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    • pp.2162-2167
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    • 2009
  • A Low cost and variable speed brushless motor drive system with single switch per phase is presented. The motor drive is realized with a novel two-phase flux-reversal-free switched reluctance motor and a split AC two switch converter. The strategy of the controller and the converter for its realization are described. Comparisons between a split AC converter, asymmetric converter, split DC converter, single controllable switch converter, and N+1 converter are performed for its device rating, cost, switching losses and conduction losses, and converter efficiency. The split AC converter is analyzed and simulated to verify the characteristics of the converter circuitry and control feasibility and the simulation results are presented. The efficiency with various loads is numerically estimated and experimentally compared from viewpoint of subsystem and system in details. The focus of this paper is to compare the presented motor drive system to the asymmetric converter system throughout experiments and demonstrate single switch per phase converter having comparable efficiency as the asymmetric converter system.

A study on economic analysis of new renewable energy power(photovoltaic, wind power, small hydro, biogas) (신재생에너지 발전(태양광, 풍력, 소수력, 바이오가스)의 경제성 분석 연구)

  • Kim, Chong-Min;Kim, Ki-Young
    • Journal of the Korean Solar Energy Society
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    • v.28 no.6
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    • pp.70-77
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    • 2008
  • The purpose of this study evaluates a feasibility and economical efficiency of new renewable energy. According as weather change is serious problem now days, every people make attention to the reduction of greenhouse gas. The revitalization of new renewable energy creates the variety of energy source, stability of energy supply and reduction of greenhouse gas. In this study evaluates a feasibility and economical efficiency from new renewable energy of various photo voltaics, wind power, small hydro and biogas. Feasibility does in standard of technical characteristic, politic support, marketability, establishment present condition and development aim. Economical efficiency does in standard of developmental unit cost, utilization factor, equipment life, politic support cost, interest ratio. The results of this study were as follows photo voltaics, wind, small hydropower, biogas in order feasibility is high. Developmental unit cost, utilization factor, equipment life, politic support cost and analyzed the relationship of interest ratio fluctuation and economical efficiency. From all new renewable energy the utilization factor most is important in economical efficiency but necessary utilization factor is difficult because environmental problem.

Heating Energy Saving and Cost Benefit Analysis According to Low-Income Energy Efficiency Treatment Program - Case Study for Low-Income Detached Houses Energy Efficiency Treatment Program (저소득층 에너지효율개선사업에 따른 난방에너지 절감 효과 및 경제성 분석 - 저소득층 단독주택 단열개선을 중심으로 -)

  • Kim, Jeong-Gook;Lee, Junghun;Jang, Cheolyong;Song, Doosam;Yoo, Seunghwan;Kim, Jonghun
    • KIEAE Journal
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    • v.16 no.5
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    • pp.39-45
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    • 2016
  • Purpose: The purpose of this study is to analyze the energy saving and cost benefit analysis of the Low-income Energy Efficiency Treatment Program supported by KOREF(Korea Energy Foundation). This program was launched in 2007 and performs building energy retrofit for the low-income and energy poverty houses. Method: Energy simulation and cost benefit analysis were accomplished for the low-income detached houses. The structure of detached house was a lot og block structure, wood frame (single glass) and concrete roof. Baseline model of the low-income detached houses was proposed. Result: Annual heating energy consumptions were decreased by about 3.2% with the window system replacement(Case 1), 9.3% with reinforcement of insulation(Case2), and 12.5% with both(Case 3) compared to those of baseline model. The construction cost will be recouped within 5 years for the Case 1, 3 years for the Case 2, and 3 years for the Case 3. Case 3 was the most cost beneficient construction method in the analyzed cases in this study.

A Study on cost expenditure characteristics and importance level of each maintenance item of public office buildings by conducting cost surveys (공공업무시설의 수선비 조사를 통한 연차별 비용변화 패턴 및 수선비 항목별 발생빈도와 평균비용 분석)

  • Choi, Seok Kyoo;Kim, Gap Youl
    • KIEAE Journal
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    • v.8 no.1
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    • pp.111-118
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    • 2008
  • To maintain the public office buildings, the related government employee uses cost under the limited budget. it is difficult to execute the budget as is assigned to maintenance items with contemplating the characteristics such as frequency, cost/item, weighting factor, and etc. As a precedent study about this cost-efficiency model, this study is intended to show the expenditure trends, frequencies, and cost distributions of maintenance items for the development of cost-efficiency model by analyzing time series data from the surveys on maintenance costs of the selected public office buildings.

Estimation of Rebate Level for Energy Efficiency Programs Using Optimization Technique (최적화 기법을 이용한 에너지 효율 프로그램의 지원금 수준 산정)

  • Park, Jong-Jin;So, Chol-Ho;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.3
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    • pp.369-374
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    • 2008
  • This paper presents the evaluation procedures and the estimation method for the estimation of optimal rebate level for EE(Energy Efficiency) programs. The penetration amount of each appliance is estimated by applying price function to preferred diffusion model resulted from model compatibility test. To estimate the optimal rebate level, two objective functions which express the maximum energy saving and operation benefit are introduced and by multi-objective function which can simultaneously consider two objective functions the optimal rebate level of each appliance is estimated. And then, using the decided rebate level and each penetration amount, the priority order for reasonable investment of each high-efficiency appliance is estimated compared to the results of conventional method. Finally, using a benefit/cost analysis based on California standard practice manual, the economic analysis is implemented for the four perspectives such as participant, ratepayer impact measure, program administrator cost and total resource cost.

Development of Heat Exchanger Production Model Based on the Microlamination Technology and Estimation of its Economic Efficiency (마이크로 적층기술을 이용한 열교환기 생산모델 개발과 경제성 평가)

  • Ryuh, Beom-Sahng;Kim, Jae-Hee;Park, Sang-Min
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.15 no.3
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    • pp.97-103
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    • 2006
  • The development of a heat exchanger production model based on the microlamination technology and it's economic efficiency is addressed. A microchannel production model is proposed for the high-volume production. The microlamination system is made up of lamina patterning, laminae sorting and laminae bonding. A cost estimation model is developed based on the hewn cycle time and capital equipment costs. An economic efficiency analysis is performed to determine the cost drivers under the different market and product scenarios. The result of the economic efficiency analysis indicated that the device size and the production rate have a great effect on the overall manufacturing cost of microlamination devices. And it can be concluded that the microlamination should focus on bonding larger laminae and reducing both cycle time and warpage.

Profit efficiency and constraints analysis of shea butter industry: northern region of Ghana

  • Tanko, Mohammed
    • Korean Journal of Agricultural Science
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    • v.44 no.3
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    • pp.424-439
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    • 2017
  • This study was undertaken to examine the profit efficiency and its determining factors, the investment opportunity, and the challenges of shea butter producers in the northern region of Ghana. The methods employed in this research were the Stochastic Profit Frontier (SPF) model, gain-cost and investment return analyses, as well as Kendall's W statistic using primary data collected from 120 purposively-selected respondents. Results from the analysis indicated that profit efficiency was positively influenced by sex, household size, marital status, educational level, transportation cost, store rent, and price of shea nut with a gain in profit efficiency of 58.5%. The investment analysis demonstrated a net gain per person of $8,077 equivalent to GH₵ 28,270 Ghanaian cedi (GH₵) using 2016 exchange rate (GH₵ 3.5 = $1). Among the challenges identified, the poor quality of shea nuts was the most prioritised challenge with 72.8% agreement among the respondents. Based on these findings, it was recommended that proper training and education, as well as improvement in shea nut quality, should be promoted to improve the profit efficiency of shea butter producers.

A Study on Work Development Direction of Cost Analysis through Cost Analysis of Micro Satellite (초소형위성 비용분석 사례연구를 통한 비용분석 업무발전 방향에 대한 고찰)

  • Lee, Tae Hwa
    • Journal of Korean Society for Quality Management
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    • v.51 no.3
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    • pp.461-479
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    • 2023
  • Purpose: It emphasizes the importance of cost analysis for weapons systems that require enormous develop- ment costs, analyzes the problems of cost analysis steps from a practical point of view, and presents the direction of business development in terms of cost analysis reliability, timeliness, and efficiency. Methods: It analyzes the R&D cost of Micro satellites with a complex cost structure and large scale according to engineering estimation procedures, derives major analysis step-by-step problems, and presents business development directions. Results: Problems with standards and assumptions, data collection, cost division structure, and cost estimation methods were derived through the micro satellite cost analysis process, and business development directions such as expanding common standards, standardizing basic data, standardizing cost division structures and cost items, and data asset were presented. Conclusion: In order to develop work in terms of cost analysis reliability, timeliness, and efficiency, it is important to prepare and standardize standards and rules for detailed tasks at each analysis stage, and through this, it is expected that high utilization value and systematic cost data will be assetized in the future.