• Title/Summary/Keyword: Cost model analysis

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Development of Tunnel Construction Cost Model Using System Dynamics (시스템 다이내믹스를 이용한 터널공사비 모델 개발)

  • Park, Yong-Woo;Park, Hee-Sung
    • The Journal of the Korea Contents Association
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    • v.12 no.4
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    • pp.468-475
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    • 2012
  • Construction cost of tunnel is decided on construction area, site conditions, and construction methods. However, there is few research on developing models to estimate early construction costs. Therefore, this paper presents a model for early estimation tool for NATM tunnel using system thinking. The effect factors for tunnel construction cost were defined and the causal map is developed. Then empirical case analysis were performed to identify the cost difference due to tunnel length, excavation volume, and rock quality. The proposed model would be an alternative to estimate early construction cost of NATM tunnel.

Network Costing Model Alternatives for Reasonable Interconnection Charging Between Networks (합리적 접속료산정을 위한 통신망비용모형 수립방안)

  • 권수천
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.4 no.5
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    • pp.907-917
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    • 2000
  • In this paper the network costing model alternatives for reasonable interconnection charging are suggested. The current interconnection charge regimes is based on fully distributed costing method. Basically this method doesn't consider the common carrier's efficient network cost because it reflects the actual cost of network In this paper, 1 suggest the basic structure of the network costing model fur applications of incremental costing method that considers the efficient cost based on economics-prospective. And I classify network cost with capital cost and operating cost and analysis their reasonable costing methods.

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Study on optimal treatment payment by cost accounting in the artificiality kidney center in medical institutions (의료기관 인공신장실의 원가계산에 의한 적정수가에 관한 연구)

  • Moon, Seung-Kwon;Lee, Yun-Seok
    • Korea Journal of Hospital Management
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    • v.18 no.2
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    • pp.81-103
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    • 2013
  • This study is to research cost accounting practice and to analyze propriety of patients' medical payment in artificiality kidney center. The researched cost datum of the year 2012 are as follows. - Hemodialysis medical treatment was reimbursed as much as 158,001 won in case of health insured patients, but payed-off as much as 135,810 won. - The average figure of the total hospitals and clinic center is 1,603,303 won, and one time cost of hemodialysis treatment is 154,487 won. Optimal treatment pay are suggested as follows. First, Regardless of the notified classification from MOHW(Ministry of Health and Welfare), 136,000 won of fixed price payment classification needs to be reclassified by patients, severity and tobe rearranged by fixed price payment system of hospitals. Second, Fixed payment code notified by the Ministry of Health and Welfare is recommended to be simplifies and to reflect according to contents of the medical treatment rendered to patients. Third, Establishment of artificial kidney center has to be risk managed because of its huge investment. Fourth, Cost analysis model has to be maintained as basis together with appropriate application of conversion index model mixed with SGR model.

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Time Series Analysis and Development of Forecasting Model in Apartment House Cost Using X-12 ARIMA (X-12 ARIMA를 이용한 아파트 원가의 변동분석 및 예측모델 개발)

  • Cho, Hun-Hee
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.6 s.28
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    • pp.98-106
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    • 2005
  • The construction cost index and the forecasting model of apartment house can be efficient for evaluating the validness of the fluctuating price, and for making guidelines for construction firms when calculating their profit. In this study the previous construction cost index of apartment house was improved, and the forecasting model based on X-12 ARIMA was developed. According to the result, during the last five years the construction cost, excluding labor expense, has risen approximately to 22.7%. And during next three years, additional 16.8% rise of construction cost is expected. Those quantitative results can be utilized for evaluating the apartment house's selling price in an indirection, and be helpful to understand the variation pattern of the price.

Analysis of Cost Estimate Method Based on Engineering 3D Model for Nuclear Power Plant Construction Project (엔지니어링 3D모델 기반 원전 건설사업비 산정방안 분석)

  • Lee, Sang-Hyun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.294-295
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    • 2018
  • Nowadays, the construction industry utilizes 3D models in the designing process, on which research is being conducted to establish an automated system for project cost estimation in connection with information related to construction such as material unit costs and wages, beyond the level of design interference review and construction quantity estimation. In this process, the project cost is estimated in connection with unit price data after takeoff the quantity based on the 3D model attributes and data types. A way to reduce cost and risk would be first developing prototypes of some of essential buildings and works, comparing and validating the outcomes, and then extending to the whole scope, because estimates differ on the basis of the scope and level of 3D design models as well as the data accuracy. This study analyzes case studies of project cost estimation by computing the quantity on the basis of 3D model in the construction industry and explores methodologies and management measures applicable for estimating nuclear power plant construction project costs.

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A System Analysis of a Controllable Queueing Model Operating under the {T:Min(T,N)} Policy (조정가능한 대기모형에 {T:Min(T,N)} 운용방침이 적용되었을 때의 시스템분석)

  • Rhee, Hahn-Kyou
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.1
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    • pp.21-29
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    • 2015
  • A steady-state controllable M/G/1 queueing model operating under the {T:Min(T,N)} policy is considered where the {T:Min(T,N)} policy is defined as the next busy period will be initiated either after T time units elapsed from the end of the previous busy period if at least one customer arrives at the system during that time period, or after T time units elapsed without a customer' arrival, the time instant when Nth customer arrives at the system or T time units elapsed with at least one customer arrives at the system whichever comes first. After deriving the necessary system characteristics including the expected number of customers in the system, the expected length of busy period and so on, the total expected cost function per unit time for the system operation is constructed to determine the optimal operating policy. To do so, the cost elements associated with such system characteristics including the customers' waiting cost in the system and the server's removal and activating cost are defined. Then, procedures to determine the optimal values of the decision variables included in the operating policy are provided based on minimizing the total expected cost function per unit time to operate the queueing system under considerations.

Effects of Reactor Type on the Economy of the Ethanol Dehydration Process: Multitubular vs. Adiabatic Reactors

  • Yoo, Kee-Youn
    • Korean Chemical Engineering Research
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    • v.59 no.3
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    • pp.467-479
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    • 2021
  • Abstract: A kinetic model was developed for the dehydration of ethanol to ethylene based on two parallel reaction pathways. Kinetic parameters were estimated by fitting experimental data of powder catalysts in a lab-scale test, and the effectiveness factor was determined using data from pellet-type catalysts in bench-scale experiments. The developed model was used to design a multitubular fixed-bed reactor (MTR) and an adiabatic reactor (AR) at a 10 ton per day scale. The two different reactor types resulted in different process configurations: the MTR consumed the ethanol completely and did not produce the reaction intermediate, diethyl ether (DEE), resulting in simple separation trains at the expense of high equipment cost for the reactor, whereas the AR required azeotropic distillation and cryogenic distillation to recycle the unreacted ethanol and to separate the undesired DEE, respectively. Quantitative analysis based on the equipment and annual energy costs showed that, despite high equipment cost of the reactor, the MTR process had the advantages of high productivity and simple separation trains, whereas the use of additional separation trains in the AR process increased both the total equipment cost and the annual energy cost per unit production rate.

A Cost-Utility Analysis of Home Care Services by using the QALY (QALY를 이용한 가정간호서비스의 비용효용분석)

  • 임지영
    • Journal of Korean Academy of Nursing
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    • v.34 no.3
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    • pp.449-457
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    • 2004
  • Purpose: The aim of this study was to analyze economical efficiency of home care service by comparing a cost-utility ratio(CUR) between home care and hospitalization. Method: The analytic framework of this study was constructed in 5 stages: Identifying the analytic perspectives, measurement of costs, measurement of utility, analysis of CUR, and sensitivity test. Data was collected by reviewing medical records, home care service records, medical fee claims, and other related research. Result: The mean of the annual total cost was 23,317,636 Won in home care and 73,739,352 Won in hospital care. QALY was 0.389 in home care and 0.474 in hospital care, so CUR was 299,712,545 QALY in home care and 777,841,266 QALY in hospital care. Conclusion: The findings affirmed that home care had an economical efficiency in the aspect of utility compared to hospitalization. Therefore, the findings of this study can be used to develop a governmental health policy or to expand the home care system. In addition, the cost-utility analysis framework and process of this study will be an example model for cost-utility analysis in nursing research. Therefore, it will be used as a guideline for future research related to cost-utility analysis in nursing.

A Decision-making Strategy to Maximize the Information Value of Weather Forecasts in a Customer Relationship Management (CRM) Problem of the Leisure Industry (레저산업의 고객관계관리 문제에서 기상예보의 정보가치를 최대화시키는 의사결정전략 분석)

  • Lee, Joong-Woo;Lee, Ki-Kwang
    • Korean Management Science Review
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    • v.27 no.1
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    • pp.33-43
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    • 2010
  • This paper presents a method for the estimation and analysis of the economic value of weather forecasts for CRM decision-making problems in the leisure industry. Value is calculated in terms of the customer's satisfaction returned from the user's decision under the specific payoff structure, which is itself represented by a customer's satisfaction ratio model. The decision is assessed by a modified cost-loss model to consider the customer's satisfaction instead of the loss or cost. Site-specific probability and deterministic forecasts, each of which is provided in Korea and China, are applied to generate and analyze the optimal decisions. The application results demonstrate that probability forecasts have greater value than deterministic forecasts, provided that the users can locate the optimal decision threshold. This paper also presents the optimal decision strategy for specific customers with a variety of satisfaction patterns.

A Development of u-City Construction Model Considering the Reducing of Operating Cost (운영비 절감을 고려한 u-City 구축 모델 개발)

  • Park, Kwang-Ho;Kim, Dae-Young;Kim, Yun-Hyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.4
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    • pp.10-22
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    • 2010
  • The first full-scale u-City operation has started in Dongtan u-City. As local cities take over and operate the u-City, unexpected issues arise such as securing the budget of operating costs and self-providing the costs with business models utilizing the u-City assets. The paper presents a strategy for solving these issues. The strategy provides a foundation(infrastructure) for long-term operation models which may reduce the long-term operating costs. In order to establish the economic operating framework of u-City, suggested are some cost-reduction models based on the operating costs structure. For each model, a base framework with comparative analysis of operating costs is provided. With these models, each u-City may select a relevant model according to the characteristics of it. We hope that the framework provides the foundation for efficient and sustainable u-City operations.