• Title/Summary/Keyword: Cost-Effective

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MODELLING AFRICAN TRYPANOSOMIASIS IN HUMAN WITH OPTIMAL CONTROL AND COST-EFFECTIVENESS ANALYSIS

  • GERVAS, HAMENYIMANA EMANUEL;HUGO, ALFRED K.
    • Journal of applied mathematics & informatics
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    • v.39 no.5_6
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    • pp.895-918
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    • 2021
  • Human African Trypanosomiasis (HAT) also known as sleeping sickness, is a neglected tropical vector borne disease caused by trypanosome protozoa transmitted by bites of infected tsetse fly. The basic reproduction number, R0 derived using the next generation matrix method which shows that the disease persists in the population if the value of R0 > 1. The numerical simulations of optimal control model carried out to determine the control strategy that can combat HAT under the minimum cost. The results indicate that, the use of both education campaign, treatment and insecticides are more efficient and effective to eliminate HAT in African community but too costly. Furthermore, the cost-effectiveness of the control measures (education campaign, treatment and insecticides) were determined using incremental cost-effectiveness ratio (ICER) approach and the results show that, the use of education and treatment of infected people as the best cost effective strategy compared to other strategies.

A Development for Construction Cost Prediction Model of Site Development Project (단지공사의 공사비 예측모형 개발 - 토공사를 중심으로 -)

  • Lee Won-Yong;Lee Tai-Sik;Park Jong-Hyun;Bae Keon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.419-422
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    • 2002
  • The features of modem construction industry can be summarized as specialization, complexity, and large-scale. Therefore, increasing uncertainty of construction project can not be effectively dealt with traditional method used for construction cost management. Cost overrun affects on successful execution of managing construction project in a negative way. Therefore, accurate estimation is a priori for effective cost management. First, this work analyzes the previous cost estimation model for the effective cost management. Then, a standard structure required for developing the cost estimation model for site development was presented. In addition, the cost estimation model which can be used in planning and design phases was introduced by analyzing real site development projects.

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Analysis on Cost-effectiveness of a Train Simulator (철도차량 모의운전연습기의 훈련비용 효율성 분석)

  • Kim, Sa-Kil;Byun, Seong-Nam
    • Journal of the Korean Society for Railway
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    • v.10 no.6
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    • pp.655-659
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    • 2007
  • The purpose of this paper is to analyze cost-effectiveness of a train simulator. The cost-effectiveness of training program is assessed by multiplying transfer effectiveness ratio (TER) by training cost ratio (TCR). If their product is less than one, the program is not cost effective. Even if a program is not cost effective, however, safety considerations may be important to consider. Findings indicated that each type of train simulators might be used with each type of training programs appropriately for improving cost-effectiveness of a train simulator.

The Next Generation Photovoltaic Technology for Cost-Effective and High Efficiency (태양에너지를 이용한 차세대 저가·고효율 태양전지 기술)

  • Jeong, Chaehwan
    • Vacuum Magazine
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    • v.3 no.2
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    • pp.4-10
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    • 2016
  • Photovoltaic technology has been intensively developed as one of the most powerful renewable energies, replacing a fossil fuel such as coal and petroleum. Every country in the world has emphasized on development of photovoltaic technology and our government has invested heavily in low cost and high efficiency. Korea institute of industrial technology (KITECH) has lastingly constructed PV R&D infra for development of cost-effective and high efficiency solar cells as well as support of commercialization in PV's small and medium enterprises. In this paper, we introduce the next generation PV R&D and infra in KITECH.

Cost-effectiveness Analysis of Pharmacologic Treatment in Hypercholesterolemia (고콜레스테롤혈증 치료 약물들에 대한 비용-효과 분석)

  • 정경래;문옥륜
    • Health Policy and Management
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    • v.9 no.3
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    • pp.70-94
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    • 1999
  • This paper was performed for a cost-effectiveness analysis of pharmacologic treatment of hypercholesterolemia. Agents modeled were cholestyramine, gemfibrozil. bezafibrate, lovastatin, pravastatin, simvastatin. Pharmacologic effectiveness was estimated by regression from reported clinical trials. Pharmacologic effects were expressed as the percent change of blood cholesterol level. Cost estimates included patients' travel expenses and time loss as well as resource consumption in the health care sector. Bezafibrate was the most efficient agent for reducing total cholesterol levels, having an cost over 1 year of ₩31.400 per percent reduction in total cholesterol. Simvastatin (10mg/d) was also efficient(₩33,100 per percent reduction). Chole styramine(8g/d) was least efficient at ₩90,200. For low-density lipoprotein cholesterol. simvastatin(10mg/d) was most efficient, at ₩23,200 per percent reduction, followed by lovastatin(20mg/d) at ₩28,000. Gemfibrozil was least efficient at ₩77,800 per percent reduction. For high-density lipoprotein cholesterol. bezafibrate(400mg/d) was most efficient at ₩39,300 per percent increase of high-density lipoprotein cholesterol. Cholestyramine was least efficient at ₩514,700. Analyses combining low-density lipoprotein cholesterol and high-density cholesterol effects suggest that bezafibrate(600mg/d) and simvastatin (10mg/d) were most efficient for reducing cardiovascular risk. The cost-effectiveness analysis results show that both simvastatin and bezafibrate could be efficient treatment. Simvastatin provide more effective treatment at higher cost, whereas bezafibrate is more cost-effective, as it may be less effective, at lower cost. Therefore, clinicians should choose reasonable treatment according to the patient's needs This pharmacoeconimc analysis will provide a guideline for efficient pharmacologic treatment and also be reference data for pricing new drugs.

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Technical Report: A Cost-Effective, Easily Available Tofu Model for Training Residents in Ultrasound-Guided Fine Needle Thyroid Nodule Targeting Punctures

  • Yun-Fei Zhang;Hong Li;Xue-Mei Wang
    • Korean Journal of Radiology
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    • v.20 no.1
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    • pp.166-170
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    • 2019
  • Objective: To establish a cost-effective and easily available phantom for training residents in ultrasound-guided fine needle thyroid nodule targeting punctures. Materials and Methods: Tofu, drinking straws filled with coupling gel, a urine tube, and 21-gauge needles were used to generate a phantom thyroid with nodules for training. Twelve radiology residents were involved in the study. The puncture success rates were recorded and compared before and after phantom training using the Wilcoxon signed-rank test. Results: On ultrasonography, tofu mimicked the texture of the thyroid. Drinking straws filled with coupling gel mimicked vessels. The urine tube filled with air mimicked the trachea, and 21-gauge needles mimicked small nodules in the transverse section. The entire phantom was similar to the structure of the thyroid and surrounding tissues. The puncture success rates of radiology residents were significantly increased from 34.4 ± 14.2% to 66.7 ± 19.5% after training (p = 0.003). The phantom was constructed in approximately 10 minutes and materials cost less than CNY 10 (approximately $ 1.5) at a local store. Conclusion: The tofu model was cost-effective, easily attainable, and effective for training residents in ultrasound-guided fine needle thyroid nodule targeting punctures in vitro.

Optimum Life-Cycle Cost-Effective Seismic Design for Continuous PSC Bridges Considering Lifetime Expected Seismic Risks (구조 수명간 지진위험도를 고려한 연속 PSC교의 LCC 최적 내진설계)

  • Cho Hyo Nam;Lee Kwang Min;Park Kyung Hoon;Kim Pyung Seok
    • Proceedings of the Korea Concrete Institute Conference
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    • 2004.05a
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    • pp.720-723
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    • 2004
  • This study is intended to propose a systematic approach for determining optimum Life-Cycle Cost (LCC)-effective seismic design for continuous PSC bridges considering lifetime expected seismic risks. In the paper, a set of cost function for LCC analysis of bridges is proposed. The total LCC functions consist of initial cost and direct/indirect damage costs considering repair/replacement costs, human losses and property damage costs, road user costs, and indirect socio-economic losses. The damage costs are expressed in terms of Park-Ang median global damage indices (Park and Ang, 1985) and lifetime damage probabilities. The proposed approach is applied to model bridges of both moderate seismicity regions like Korea and high seismicity regions like Japan. Since, in case of bridges, a number of parameters may have an influence on optimal target reliability, various sensitivity analyses are performed in this study. It may be expected that the proposed approach can be effectively utilized for the development of cost-effective performance criteria for design and upgrading of various types of bridges as well as continuous PC bridges.

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A Study for Defense Acquisition System Improvement (국방무기체계 획득절차 발전방향 - 미국 국방획득절차 개선노력을 중심으로 -)

  • Go, Sim-Jae
    • Journal of the military operations research society of Korea
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    • v.31 no.2
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    • pp.86-104
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    • 2005
  • During the 'Cold War', DoD had focused on the high performance and timely acquisition which enabled quick field out the superior weapons than the enemy regardless of acquisition cost. But, after the cold war, the focus has been changed to the 'cost effective acquisition' of weapon systems because of tremendous investment cost & economic theory. The U.S. DoD has been tried to make 'the most effective acquisition system'(AR, Acquisition Reform) from mid-80's with their enough experienced program data, and as a result, they had launched the new acquisition procedure - DoD 5000 series - in 1996. DoD is continuously doing the study and making several improvements on the procedure after it had been once announced. On Oct 30. 2002, DoD noticed that they cancelled the DoD 5000 series documents(5000.1, 5000.2, 5000.2-R) and 5000.2-R will be reissued as a guide. The most recent version which focused on 1) evolutionary acquisition and spiral development, 2) procedure for future technology systems including software and IT, 3) supplement on the area of efficiency, flexibility, creativity and innovation of old system was issued by May 12. 2003. This article suggests a 'good idea' based on the reviewing of these DoD efforts for our defense acquisition regulation and procedure to go. It includes the CAIV concept application, IPT utilization, T&E method, cost or price based contract etc-all for the effective acquisition.

An Effective Inspection Policy to Detect System Failure under Imperfect Inspection (불완전 검사 하에서 시스템 고장탐지를 위한 효율적 검사정책의 연구)

  • 서용성
    • Journal of Korean Society for Quality Management
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    • v.27 no.3
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    • pp.113-124
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    • 1999
  • Inspection policies deal with stochastically failing systems in which failures cannot be detected without inspection. In this paper, we considered an effective inspection policy to detect system failure under imperfect inspection. Approximate total expected cost is derived and a simple algorithm to determine inspection schedule is Presented. Numerical examples showed that the inspection policy is easily applicable and cost effective.

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Development of System and Cost Function Model for Life Cycle Cost Analysis of Bridge (교량의 생애주기비용 분석을 위한 비용함수 모델 및 시스템 개발)

  • Park Mi-Yun;Sun Jong-Wan;Eom In-Soo;Cho Hyo-Nam
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2005.04a
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    • pp.704-711
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    • 2005
  • Recently Life Cycle Cost Analysis for civil infrastructures such as pavements, bridges, and dams has been emphasized However, so far, there are few systems available for life cycle cost analysis of bridges at design stage. Therefore, the objective of this paper is to develop a user-friendly life-cycle cost analysis system for LCC-effective optimal design decision making at design stage. The program is based on the proposed LCC model, formulation, analysis modules and systematic procedure that suit Korean construction conditions. It is expected that the developed system can be effectively utilized for more LCC-effective design of bridges. It is applied to an actual bridge design project in order to demonstrate its effectiveness and applicability.

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