• Title/Summary/Keyword: Cost factor

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Optimal Release times of a Software Cost Model with Consideration of Various Costs

  • Lee Chong Hyung;Jang Kyu Beom;Park Dong Ho
    • Proceedings of the Korean Reliability Society Conference
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    • 2005.06a
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    • pp.251-257
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    • 2005
  • Software system which is essential in operating the computer has gradually become an indispensable element in many aspects of our daily lives and an important factor in numerous systems. In recent years, software cost sometimes exceeds the cost of maintaining the hardware system. In addition to the cost necessary to develop the new software system and to maintain the system, the penalty costs incurred due to software failures are even more significant. In this paper, a cost model incorporating the warranty cost, debugging costto remove each fault detected in the software system, and delivery delay cost is developed. A software reliability model based on non-homogeneous Poisson process(NHPP) is established and the optimal software release policies to minimize the expected total software cost are discussed. Numerical examples are provided to illustrate the results.

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Anticipated Benefits of electronic Commerce and Competitive Strategies (전자상거래를 통한 국내 인터넷 쇼핑몰 업체들의 기대 이득과 경쟁전략)

  • 장시영;이정섭
    • Korean Management Science Review
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    • v.17 no.3
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    • pp.31-47
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    • 2000
  • The widespread diffusion of Internet has enables companies to conduct business in quite a different way. marketing on the Internet becomes more important as firms adopt electronic commerce as a means to implement competitive strategies. One hundred and four BC shopping mall companies responded to an e-mail and web server survey about the anticipated benefits of electronic commerce and related strategies. The survey also asked about improvements in value chain activities and impediments to the implementation of electronic commerce in Korea. The results indicated that Korean shopping mall companies followed differentiation strategy significantly more than the other two strategies. In addition, six benefits factors were drawn from this study - information, productivity, cost savings, customers, management information, and applications. Productivity factor was related to cost leadership strategy, and customers factor was related with cost leadership, differentiation and focus strategies. Several benefits factors were also correlated with value chain activity improvements. The results of this study were compared with those of research conducted in the United States.

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Development of Lifetime Assessment and Rehabilitation Cost Calculation Methods for Overseas ROMM Project

  • Hyun, Jung-Seob;Kim, Doo-Young;Hwang, Kwang-Won;Park, Min-Gyu
    • KEPCO Journal on Electric Power and Energy
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    • v.3 no.2
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    • pp.119-125
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    • 2017
  • Regarding the implementation of ROMM project (Rehabilitation, Operation, Maintenance & Management), which is one of overseas development projects, it is very important to diagnose the exact current status of aged thermal power plant. However, when people visit the power plant for the purpose of prediagnosis to implement the ROMM project, most target power plants for diagnosis, in general, are under operation. This can be a big interference factor to diagnose the exact current status of power plants. Therefore, in order to solve such interference factor, based on the 30 years of know-how in the field, the present study has developed a regression curve for a simple life time assessment and the calculation of rehabilitation cost that may be used as a reference relatively for the quantitative diagnosis on the status of a relevant power plant even during the operation of the power plant.

Computer Aided Optimum Design Technique for Three-Phase Induction Motors (3상 유도전동기의 전산화 최적설계기법)

  • Kim, Dai-Heui;Lee, Ki-Sik;Hwang, Seuk-Yong
    • Proceedings of the KIEE Conference
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    • 1997.07a
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    • pp.312-314
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    • 1997
  • In this paper, Computer Aided Optimum Design Technique for Three-Phase Induction Motors is proposed. In the technique, reference magnetic flux, specific electric loading factor, specific magnetic loading factor(magnetic flux density) and current density are adopted as design parameters, and minimum total cost including material cost and loss power cost is adopted as a objective function which has to satisfy output condition too. As a result of application to the existing motor, it is proved that this technique is very effective in view of gradually increasing energy costs.

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NUCLEAR FUEL CYCLE COST ESTIMATION AND SENSITIVITY ANALYSIS OF UNIT COSTS ON THE BASIS OF AN EQUILIBRIUM MODEL

  • KIM, S.K.;KO, W.I.;YOUN, S.R.;GAO, R.X.
    • Nuclear Engineering and Technology
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    • v.47 no.3
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    • pp.306-314
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    • 2015
  • This paper examines the difference in the value of the nuclear fuel cycle cost calculated by the deterministic and probabilistic methods on the basis of an equilibrium model. Calculating using the deterministic method, the direct disposal cost and Pyro-SFR (sodium-cooled fast reactor) nuclear fuel cycle cost, including the reactor cost, were found to be 66.41 mills/kWh and 77.82 mills/kWh, respectively (1 mill = one thousand of a dollar, i.e., $10^{-3}$ $). This is because the cost of SFR is considerably expensive. Calculating again using the probabilistic method, however, the direct disposal cost and Pyro-SFR nuclear fuel cycle cost, excluding the reactor cost, were found be 7.47 mills/kWh and 6.40 mills/kWh, respectively, on the basis of the most likely value. This is because the nuclear fuel cycle cost is significantly affected by the standard deviation and the mean of the unit cost that includes uncertainty. Thus, it is judged that not only the deterministic method, but also the probabilistic method, would also be necessary to evaluate the nuclear fuel cycle cost. By analyzing the sensitivity of the unit cost in each phase of the nuclear fuel cycle, it was found that the uranium unit price is the most influential factor in determining nuclear fuel cycle costs.

Characteristics and Health Care Spending of Persistently and Transiently High-cost Older Adults in Korea

  • Sungchul Park;Giryeon Bae
    • Journal of Preventive Medicine and Public Health
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    • v.56 no.5
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    • pp.475-480
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    • 2023
  • Objectives: This study examined differences in health care spending and characteristics among older adults in Korea by high-cost status (persistently, transiently, and never high-cost). Methods: We identified 1 364 119 older adults using data from the Korean National Insurance Claims Database for 2017-2019. Outcomes included average annual total health care spending and high-cost status for 2017-2019. Linear regression was used to estimate differences in the outcomes while adjusting for individual-level characteristics. Results: Persistently and transiently high-cost older adults had higher health care spending than never high-cost older adults, but the difference in health care spending was greater among persistently high-cost older adults than among transiently high-cost older adults (US$20 437 vs. 5486). Despite demographic and socioeconomic differences between transiently high-cost and never high-cost older adults, the presence of comorbid conditions remained the most significant factor. However, there were no or small differences in the prevalence of comorbid conditions between persistently high-cost and transiently high-cost older adults. Rather, notable differences were observed in socioeconomic status, including disability and receipt of Medical Aid. Conclusions: Medical risk factors contribute to high health care spending to some extent, but social risk factors may be a source of persistent high-cost status among older adults in Korea.

Decommissioning Cost Estimation of Kori Unit 1 Using a Multi-Regression Analysis Model (회귀 분석 모델을 이용한 고리 1호기 해체 비용 추정)

  • Joo, Han Young;Kim, Jae Wook;Jeong, So Yun;Moon, Joo Hyun
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.18 no.2_spc
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    • pp.247-260
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    • 2020
  • A multi-regression model was developed to estimate the decommissioning cost for Kori unit 1 using foreign nuclear power plant (NPP) decommissioning cost data. First, the decommissioning cost data were collected for 13 boiling water reactors and 16 pressurized water reactors and converted into the values as of November 2019. Then, for the regression model, the decommissioning cost was chosen as the dependent variable, and two variables were selected as independent variables: a contamination factor that was designed to reflect the operational characteristics of the decommissioned NPP and the decommissioning period. A statistical package in the R language was used to derive the regression model. Finally, the regression model was applied to estimate the decommissioning cost for Kori unit 1. The estimated decommissioning cost for Kori unit 1 was 663.40~928.32 million US dollars (782,812~1,095,418 million Korean won).

The Economics Evaluation of Lighting System Considering Maintenance Factor (보수율을 고려한 조명시스템의 경제성 평가)

  • Sim, Sang-Man;Kim, Gi-Hoon;Hwang, Nam-keuk;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.15 no.5
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    • pp.1-7
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    • 2001
  • Factors which affect largely the economics of lighting system, are initial installation costs, maintenance costs, energy costs as so on. In these costs, maintenance cost, lamp replacement labor cost, luminaire cleaning cost et al. so the economics of lighting system are evaluated different by maintenance planning. It is important to evaluate which lighting system would be economically advantageous in a initial design. In this study, the importance of maintenance factor is verified by the evaluations of the economics of lighting systems while maintenance factor is varied composition factors in ZCM which is used to calculate the average illuminance.

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The Effect of Construction Safety Supervision System on Risk Control and Reduction (건설안전감리제도가 위험제어 및 절감에 미치는 영향)

  • Lim, Jin-Sang;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.20 no.3
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    • pp.1-9
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    • 2018
  • This study is intended to look into the effect of construction safety supervision system on risk control and reduction. To achieve this, a survey was carried out to 114 companies in construction, ordering, contract and management. The overall findings were as follows. The effect of construction safety supervision system on risk control and reduction showed that factors of supervision system, supervision cost and supervision method had a positive effect on risk control and reduction. And their perception of the introduction of safety supervision system in construction sites according to process showed that there was a difference between them according to the field of ordering, contract and supervision. There was the biggest difference between owner and contractor in double supervision system, but no difference between them in the perception of risk reduction. These results show that all ordering, contract and supervision are positively needed for the introduction of construction safety supervision. This means that there is a difference between owner and contractor in the perception of process according to system operation. All companies agree to system improvement by the settlement of safety supervision system for the prevention of safety accidents and safe construction, but the systematic complement of safety supervision is the burden of contractor. And there is a big difference between owner and contractor in the perception of responsibility and concern for cost burden.

Low Cost and Acceptable Delay Unicast Routing Algorithm Based on Interval Estimation (구간 추정 기반의 지연시간을 고려한 저비용 유니캐스트 라우팅 방식)

  • Kim, Moon-Seong;Bang, Young-Cheol;Choo, Hyun-Seung
    • The KIPS Transactions:PartC
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    • v.11C no.2
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    • pp.263-268
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    • 2004
  • The end-to-end characteristic Is an important factor for QoS support. Since network users and required bandwidths for applications increase, the efficient usage of networks has been intensively investigated for the better utilization of network resources. The distributed adaptive routing is the typical routing algorithm that is used in the current Internet. The DCLC(Delay Constrained 1.east Cost) path problem has been shown to be NP-hard problem. The path cost of LD path is relatively more expensive than that of LC path, and the path delay of LC path is relatively higher than that of LD path in DCLC problem. In this paper, we investigate the performance of heuristic algorithm for the DCLC problem with new factor which is probabilistic combination of cost and delay. Recently Dr. Salama proposed a polynomial time algorithm called DCUR. The algorithm always computes a path, where the cost of the path is always within 10% from the optimal CBF. Our evaluation showed that heuristic we propose is more than 38% better than DCUR with cost when number of nodes is more than 200. The new factor takes in account both cost and delay at the same time.