• Title/Summary/Keyword: Cost ratio

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Numerical experimentation for the optimal design for reinforced concrete rectangular combined footings

  • Velazquez-Santilla, Francisco;Luevanos-Rojas, Arnulfo;Lopez-Chavarria, Sandra;Medina-Elizondo, Manuel;Sandoval-Rivas, Ricardo
    • Advances in Computational Design
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    • v.3 no.1
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    • pp.49-69
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    • 2018
  • This paper shows an optimal design for reinforced concrete rectangular combined footings based on a criterion of minimum cost. The classical design method for reinforced concrete rectangular combined footings is: First, a dimension is proposed that should comply with the allowable stresses (Minimum stress should be equal or greater than zero, and maximum stress must be equal or less than the allowable capacity withstand by the soil); subsequently, the effective depth is obtained due to the maximum moment and this effective depth is checked against the bending shear and the punching shear until, it complies with these conditions, and then the steel reinforcement is obtained, but this is not guaranteed that obtained cost is a minimum cost. A numerical experimentation shows the model capability to estimate the minimum cost design of the materials used for a rectangular combined footing that supports two columns under an axial load and moments in two directions at each column in accordance to the building code requirements for structural concrete and commentary (ACI 318S-14). Numerical experimentation is developed by modifying the values of the rectangular combined footing to from "d" (Effective depth), "b" (Short dimension), "a" (Greater dimension), "${\rho}_{P1}$" (Ratio of reinforcement steel under column 1), "${\rho}_{P2}$" (Ratio of reinforcement steel under column 2), "${\rho}_{yLB}$" (Ratio of longitudinal reinforcement steel in the bottom), "${\rho}_{yLT}$" (Ratio of longitudinal reinforcement steel at the top). Results show that the optimal design is more economical and more precise with respect to the classical design. Therefore, the optimal design presented in this paper should be used to obtain the minimum cost design for reinforced concrete rectangular combined footings.

Flood damage cost projection in Korea using 26 GCM outputs (26 GCM 결과를 이용한 미래 홍수피해액 예측)

  • Kim, Myojeong;Kim, Gwangseob
    • Journal of Korea Water Resources Association
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    • v.51 no.spc
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    • pp.1149-1159
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    • 2018
  • This study aims to predict the future flood damage cost of 113 middle range watersheds using 26 GCM outputs, hourly maximum rainfall, 10-min maximum rainfall, number of days of 80 mm/day, daily rainfall maximum, annual rainfall amount, DEM, urbanization ratio, population density, asset density, road improvement ratio, river improvement ratio, drainage system improvement ratio, pumping capacity, detention basin capacity and previous flood damage costs. A constrained multiple linear regression model was used to construct the relationships between the flood damage cost and other variables. Future flood damage costs were estimated for different RCP scenarios such as 4.5 and 8.5. Results demonstrated that rainfall related factors such as annual rainfall amount, rainfall extremes etc. widely increase. It causes nationwide future flood damage cost increase. Especially the flood damage cost for Eastern part watersheds of Kangwondo and Namgang dam area may mainly increase.

Comparison of Fentanyl-Based Rapid Onset Opioids for the Relief of Breakthrough Cancer Pain: Drug Price Based on Effect Size

  • Seongchul Kim;Hayoun Jung;Jina Park;Jinsol Baek;Yeojin Yun;Junghwa Hong;Eunyoung Kim
    • Korean Journal of Clinical Pharmacy
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    • v.33 no.1
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    • pp.43-50
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    • 2023
  • Background and Objective: With the advancement of cancer treatments and increased life expectancy, managing breakthrough cancer pain (BTcP) is essential to improve the quality of life for cancer patients. This study aimed to compare the major rapid onset opioids in Korea based on their characteristics and costs to determine the best option for each patient. Methods: Based on sales information from IQVIA-MIDAS, sublingual fentanyl tablet (SLF), fentanyl buccal tablet (FBT), and oral transmucosal fentanyl citrate (OTFC) were selected as the top three drugs for the treatment of BTcP in Korea, considering them the most comparable drugs. The cost and cost-pain relief ratio of the drugs for short-term (1 month) and long-term (1 year) treatment were compared and the ease of administration based on various factors, including pharmacokinetics, onset of action, and administration procedures were evaluated. Results: SLF was evaluated as the best overall in terms of rapid onset of action, ease of administration, and drug cost and also had the highest market share. SLF had the lowest cost pain relief ratio for both the initial and supplemental treatment for the 1-month pain intensity difference 15 (PID15) ratio. However, for the 1-month PID30 ratio, SLF was not superior to OTFC or FBT. The longer the breakthrough cancer pain duration, the more cost-effective the other rapid onset opioids. Conclusion: The rapid onset opioids that fit the patient's breakthrough cancer pain pattern have the best cost-effectiveness.

ECONOMICS OF SINGLE ANIMAL PLOUGHING IN BANGLADESH : PRESENTATION OF SURVEY RESULTS

  • Rahman, S.M.A.;Sayeed, A.;Alam, J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.5 no.4
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    • pp.709-715
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    • 1992
  • In this study attempts were made to identify the areas of single animal ploughing (SAP) in Bangladesh, causes of its localization and the socio-economic constraints hindering the expansion of the system. To determine the areas of single animal ploughing, 123 upazilas of 15 districts were surveyed. Of them, 16 upazilas were found heavily engaged with this system. A detailed investigation of 469 SAP and 439 double animal ploughing (DAP) farmers revealed that there was significant difference between the two systems in respect of cost of production and yield per unit of land. The benefit/cost (B/C) ratio was higher in SAP system. However, no significant difference was observed in respect of time required for ploughing, intensity of cropping, cost of implements, and cost of repairing implements (except yoke). The study recommends for expansion of SAP system in areas where buffaloes are concentrated. Fro this purpose, logistic and institutional supports need to be made available.

Calculation of the generator cost functions using the utilization factor of generators and the mixed fuel burning ratio of the generators (이용율과 혼소율을 이용한 발전기의 입출력 특성식 산정)

  • Song, Kyung-Bin;Nam, Jae-Hyun;Park, Si-Woo
    • Proceedings of the KIEE Conference
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    • 1999.07c
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    • pp.1270-1272
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    • 1999
  • The generator cost function is one of the basic data for the generation scheduling. Generally the cost functions are obtained form design calculations or from heat rate tests. The real operating condition may be different from the condition of design or the tests. Some of the conditions may not be tested during the periodical maintenance. In order to improve the calculation of the generator cost function, this paper presents a new calculation method of the generator cost functions using the utilization factors of generators and the mixed fuel burning ratio of the generators.

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A Study on the Benefit cost Analysis of the Safety Cost in Construction Work (건설공사의 안전관리비 사용에 대한 투자효과 분석에 관한 조사 연구)

  • 이영섭;김남훈;박종근
    • Journal of the Korean Society of Safety
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    • v.16 no.3
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    • pp.111-116
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    • 2001
  • This study is conducted to review the ratio of direct and indirect cost accompanied by industrial accident in construction sites. It is surveyed that how to use safety cost in construction work is most efficient in comparison with several items of safety cost through the regression analysis.

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Cost-Benefit Analysis for Safety Management Cost using Quantitative Risk Analysis (정량적 위험성 평가에 의한 안전관리 투자의 비용-편익분석)

  • 장서일;조지훈;김태옥
    • Journal of the Korea Safety Management & Science
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    • v.4 no.4
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    • pp.15-26
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    • 2002
  • The quantitative evaluation method of the safety management cost was suggested to prevent a gas accident as a major industrial accident. In a gas governor station, process risk assessments such as the fault tree analysis(FTA) and the consequence analysis were performed. Based on process risk assessments, potential accident costs were estimated and the cost-benefit analysis(CBA) was performed. From the cost-benefit analysis for five classification items of safety management cost, the order of the cost/benefit ratio was estimated.

FODDER PRODUCTION AT SAVAR DAIRY FARM: AN ECONOMIC ANALYSIS

  • Rahman, S.M.A.;Begum, J.;Alam, J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.9 no.4
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    • pp.411-420
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    • 1996
  • Asia Triple HIn this study an attempt was made to determine the cost of producing fodders at Savar Dairy Farm (SDF). For this purpose, all seasonal fodders, such as Maize, Jowar, Cowpea and Oat and all perennial fodders, such as Para and Napier were studied. The highest acreage of land was allocated to high-land Para (33.8%) and the lowest acreage (2.7%) was devoted to Cowpea. Jowar attained the highest yield (74.2 tons) per hectare and Maize attained the lowest yield (25.8 tons/h). The highest cost per hectare was attributed to Jowar (TK. 20944.18) while the lowest cost was attributed to low-land para (TK. 10349.86). The cost of production of fodder per kilogram was the highest (TK. 0.66) for Maize and the lowest for Oat (TK. 0.24). The cost of production of low-land Para was much lower than that of high land Para. The per kilogram cost of silage production was the highest (TK. 0.71) for Maize and the lowest (TK. 0.31) was for Napier. The gross return analysis further showed that the highest net margin and B:C ratio were observed for Napier followed by Low-land Para, Jowar, Oat, Cowpea, High-land Para and Maize. Therefore, those fodders whose B:C ratios and yield/ha were higher should be allocated more area of land to stimulate increased returns to SDF in the future is suggested.

Home Energy Cost and Housing Cost Burden of Urban Monthly Renter Households in Korea and the United States (한국과 미국 도시 월세가구의 가정 에너지 비용과 주거비 부담)

  • Lee, Hyun-Jeong
    • Korean Journal of Human Ecology
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    • v.21 no.3
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    • pp.611-628
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    • 2012
  • The purpose of this study was to examine influence of home energy cost on housing cost burden of Korean and U.S. monthly renter households in urban areas and to explore influences of household and housing characteristics on their home energy cost burden. Microdata for this research was extracted from the 2011 Korean Household Budget Survey and 2009 American Housing Survey. Monthly renter households in urban areas were initially grouped based on household income, followed by a detailed analysis of housing and home energy cost. Findings are as follows: (1) The maximum ratio of home energy cost to household house hold income in Korea was 49% compared to 83% in the US; (2) Energy cost to income ratio were found to have significant influences on housing cost burden and lower income households' housing cost burden was found more vulnerable to their energy cost; (3) In general, the energy cost burden of low-income renter households in Korea tended to be influenced by household size, the number of household members staying at home during daytime hours and housing unit size. The energy cost burden of low-income renter households in the U.S. tended to be influenced by home structure type, size and age, the householder's age, race, educational attainment, the household size, number of wage earners per household, income, and the number of household members between 7 and 17 years of age.

Economic Valuation for Nursery-Phase Production - Focusing on the tidal flat Oyster - (해면 중간육성 생산방식의 경제성 분석 - 갯벌 참굴 산업을 중심으로 -)

  • Choi, Jong-Du
    • The Journal of Fisheries Business Administration
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    • v.43 no.3
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    • pp.31-41
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    • 2012
  • This paper was conducted to study the economic valuation for Nursery-Phase production of the tidal flat oyster in Korea. Benefit-cost(B/C) model used to indicate the effects of economic valuation. Using discounting rates(i.e., 4.5%, 6.5% and 8.5%), the model compared revenues and costs that occur at different times from 2012 to 2018. This study also estimated various submodels, which are Benefit Cost Ratio(B/C ratio), Net Present Value(NPV), Internal Ration of Return(IRR), to compare profit of Nursery-Phase production styles and analyzed returns to evaluate the scenarios. Sensitivity analysis were conducted for various scenarios. The results suggest as follows. First, the oyster spat to the shell height of 3~5cm was more profit than the shell height of 1~3cm. Second, all of sensitivity analysis with submodels were economic valuation such that B/C ratio > 1, NPV > 0 and IRR > discounting rate. Third, the payback period was about 3years after installed Nursery-Phase production system.