• Title/Summary/Keyword: Cost-benefit analysis

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Economic Analysis of Foldable Containers on the Jeju-Mokpo Container Route

  • Shin, Chang-Hoon;Kim, Sung-Nam;Den, Mariia;Wang, Gao-Feng
    • Journal of Navigation and Port Research
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    • v.42 no.5
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    • pp.331-340
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    • 2018
  • Shipping containers promote rapid development of the transport industry, and generate economic and social value. However, problems often occur due to imbalance in dynamics between exports and imports, container relocation, traffic congestion, and general shipping network designs. So, efficient and cost-effective cargo management has become crucial for the Jeju Island - Mokpo container route (JMCR) in South Korea. Dozens of recent studies reveal that collapsible or foldable containers, may become an innovative solution to problematic issues within the shipping industry. The major purpose of this study is to discuss conditions required for successful commercial application of foldable containers, based on a cost-benefit analysis precisely for the JMCR. Findings reveal usage of foldable containers can be cost-effective, if containers make a "FULL<->EMPTY" route. To the contrary, a "FULL<->FULL" route can drastically increase expenditure. However, economic analysis of actual figures for 2010-2015 indicate that benefits for Mokpo - Jeju direction are significant to cover losses on the Jeju - Mokpo line. Seasonal patterns and mixing percentages of foldable and standard containers on the route, may also produce cost-effective solutions. Sensitivity analysis reveals that benefits from using foldable containers, depend mostly on empty container shares in addition to various extra costs.

Identifying Cost and Benefit Items of Investment Projects to Offer New Public Services By the Use of Food Waste Disposers and the Direct Input of Feces in Sewers (주방오물분쇄기 사용 및 수세분뇨의 직투입에 따른 「새로운 공공하수도 서비스」제공을 위한 투자사업의 비용과 편익 항목 식별)

  • Oh, Hyun-Taek;Park, Kyoo-Hong;Kim, Sung Tai;Lim, Byung In
    • Journal of Convergence for Information Technology
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    • v.10 no.5
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    • pp.117-125
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    • 2020
  • Our study identifies a cost and a benefit incurred in implementing an investment project to offer new public services by use of food waste disposers and direct input of feces in sewers. This is done with identifying costs of each processing division and benefits of the project by objective statistical data and engineering perspective. In summary, cost items identified are as follows: there are house laterals, removal of septic tanks, etc. for sewer pipes system. As to water quality conservation, cost incurs in storm water outfalls and divert chambers, sewage storage tanks, equipment to treat sewer overflows, and so on. With respect to sewage treatment plants(STPs), there are so many items as increase of contaminant loads in influent of STPs, and other items. There are benefit items in health improvement due to odor mitigation, increase of energy productivity, saving cost of food waste treatment and cleaning septic tanks, etc. These estimates will be used as a basic data for its economic effect.

A Study for Investigating of Predictors of Compliance for Preventive Health Behavior. -centered on early detection of cervical cancer- (예방적 건강행위 이행의 예측인자 발견을 위한 연구-자궁암 조기발견을 중심으로-)

  • 이종경
    • Journal of Korean Academy of Nursing
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    • v.12 no.1
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    • pp.25-38
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    • 1982
  • As technological civilization and medical science has developed, standards of living have imp-roved and human life expectancy has been extended. But the incidence and mortality rate of cancer have been gradually increasing due to the pollution of the environment. Even though cancer is still a great threat to human beings, the etiology and appropriate cure forcancerhavenotyetbeendiscovered. The early detection and treatment of cancer is urgently needed. This study concentrates on the health behavior of woman regarding the papanicolau smear for early detection of cervical cancer. It was done in order to provide a direction for scientific health education materials by investigating predictors of preventive health behavior. The subjects for this study were made up of 54 woman, who comply with preventive health practices(compliant) who attended the Cervical Cancer Center of Y University Hospital in order to have tests for early detection of cervical cancer and 54 woman who did not comply with preventive health practices (noncompliant) selected from 100 housewives of I apartment, Kang Nam Ku, Seoul. The study method used, was a questionnaire for the compliance group and an interview for the noncompliance group. The period for data collection was from October 13th to October 24th. 1981. Analysis of the data was done using percentages, T-test, Pearson Correlation and Stepwise Multiple Regression. The results of study were as follows: 1. The hypotheses tested were based on the health belief model; 1) The first hypothesis,“The compliant may have more knowledge of the cervical cancer than the noncompliant”was rejected(T=-1.86, p>.05) 2) The second hypothesis,“The compliant may have a higher severity of cervical cancer than the noncompliant”was accepted (T=5.41, p<.001) 3) The third hypothesis, “The compliant may have a higher susceptability to cervical cancer than the noncompliant”was accepted(T=3.51, p<.01). 4) The fourth hypothesis,“The compliant may have more beneHt than cost'from the cervical cancer tests than the noncompliant" was accepted(T=7.46, p<.001). 5) The fifth hypothesis,“The compliant may have more health concern than the noncompliant”. was accepted(T=3.39, p<.01). These results show that severity, susceptability, benefit(over cost) and health concern influence the preventive health behavior in this Study. 2. In the correlation among variables, it was found that the knowledge of cervical cancer and the benefit(over cost) of preventive health behavior were negatively correlated(r=-2.75, p<.01), Severity of cervical cancer and benefit (over cost) of preventive health behavior were positively correlated(r=.280, p<.01), severity and susceptability of cervical cancer were positively correlated(r= .238, p<.01), benefit(over cost) and health concern were positively correlated(r= .299, p<.01). The benefit(over cost) may be raised by increasing the severity and health concern. Therefore the compliance rate of woman may be raised through health education by increasing the benefit(over cost) of the individual. 3. The Stepwise Multiple Regression between health behavior and predictors. 1) The factor“Benefit(over cost)”could account for preventive health behavior in 34.4% of the sample(F=55.6204 P<.01). 2) When the factor“Severity”is added to this, it accounts for 44.3% of preventive health behavior(F=41.679, p<.01). 3) When the factor“Susceptability”is also included, it accounts for 46.7% of preventive health behavior(F=30.373, p<.01). 4) When the factor “Health concern”is included, it accounts for 48.1% of preventive health behavior(F=23859, p<.05). This means that other factors appear to influence preventive health behavior, since the combination of variables explains only 48.1% of the Preventive health behavior. Therefore further study to investigate the predictors of preventive health behavior is necessary.

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An Analysis of the Interaction Effect of Benefit and Cost on Cloud Computing Service (클라우드 컴퓨팅 서비스 혜택과 비용의 상호작용 효과에 관한 연구)

  • Park, So Yeon;Kim, Yongwon
    • KIPS Transactions on Computer and Communication Systems
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    • v.2 no.1
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    • pp.27-34
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    • 2013
  • IT has been receiving increasing attention for cloud computing services. However, despite a lot of attention, there are limitations of existing research on cloud computing services. There are researches respectively about the benefits and costs that would occur if you choose a cloud computing services. However, in real life, consumers should be considered about the benefits and costs at the same time if they choose and use a cloud computing service. Therefore, this study examines the interaction effect of benefits and costs on cloud computing service. The findings demonstrate that three independent variables(usefulness, social influence, and innovativeness) positively(+) affect the perceived value. However, showed the benefits and costs of interaction effects analysis, usefulness and innovation on the cost influence the perceived value in statistics. The interaction of the usefulness & cost shows negative(-) effect and the interaction of the innovativeness & cost has positve(+) effect on the perceived value. In conclusion, this study provide that consumers need to consider costs with benefits when they use a cloud computing service.

Environmental Accounting of the Total Maximum Daily Loads (TMDL) Program in the Nakdong River Basin using the Emergy Analysis (Emergy 분석을 이용한 낙동강유역의 오염총량관리계획에 대한 환경회계)

  • Kim, Jin Lee;Lee, Su-Woong;Kim, Yong-Seok;Lee, Suk-Mo
    • Journal of Korean Society on Water Environment
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    • v.27 no.3
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    • pp.349-356
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    • 2011
  • This study, which evaluated the contribution of the real economic value and system in the Nakdong River Basin, estimated the emergy analysis for environmental accounting of the TMDL program. And an environmental accounting for TMDL is evaluated before and after adopting TMDL program respectively. The value of emergy after adopting the TMDL was 7.90 E+20 sej/yr. Although the real yield of the river after governmental investment was high (before: 9.7118 E+20 sej/yr and after: 9.7224 E+20 sej/yr), the effects of improvement was not great, in terms of an investment cost. The benefit/cost ratio resulted from environmental accounting has decreased from 1.493 to 1.230 due to the cost of managing treatment facilities. The method of improving water quality in the Nakdong River Basin by the TMDL program should be changed into an ecological treatment facilities using resources efficiently from a control of water quality depending on expansion of the wastewater treatment facilities and advanced treatment plant using high cost and non-renewable energies.

Life-Cycle Analysis of Nuclear Power Plant with Seismic Isolation System (면진장치 적용을 고려한 원전구조물 생애주기 분석)

  • Kim, Sunyong;Lee, Hong-Pyo;Cho, Myung-Sug
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.26 no.6
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    • pp.415-421
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    • 2013
  • In order to extend the service life of a nuclear power plant(NPP) ensuring the structural safety, effective and efficient management of NPP considering structural deteriorations and various natural hazard risks has been treated as a significant tool(IAEA 1998). The systemic efforts is required to prevent the potential loss of NPPs resulting from the natural hazard including earthquakes, hurricane and flooding since the Fukushima accident. Earthquake risk of building structures can be mitigated through appropriate seismic isolation system installation. It has been known that a seismic isolation system can lead to reduction of the deleterious effect on ground motion induced by earthquakes, and structural safety can be improved. In this paper, the NPP life-cycle management is reviewed. Furthermore, effect of seismic isolation on the NPP life-cycle cost analysis with earthquake, and cost-benefit analysis in terms of life-cycle cost when applying the seismic isolation systems to NPP are introduced.

The Effect of AEO MRA on Trade Cost (AEO MRA가 무역비용에 미치는 영향)

  • Eui-Hyun Ha
    • Korea Trade Review
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    • v.45 no.2
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    • pp.17-29
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    • 2020
  • This study analyzed that the effects of AEO MRA benefit on decreasing of trade cost and the strategies for expanding of trade. It uses the system GMM for effective solutions of endogenous matter with lagged dependent variable. In terms of the result of analysis, AEO MRA has a positive effect on decreasing of trade cost, especially this study proved the result of previous study AEO MRA expanded the trade through improving the time required for customs clearance and deregulation of non-tariff barriers. In conclusion, this study proposes the policy fo AEO MRA by analyzing the trade cost of AEO MRA by using the system GMM.

Cost-Benefit Analysis of The National Land Census Project and Its Policy Implications (국토센서스 사업의 비용 및 편익분석과 시사점)

  • Lee, Young-Sung;Kim, Kab-Sung;Lee, Choon-Won;Kwon, Dae-Jung;Yu, Hyeon-Ji;Yun, Hyung-Seok;Kim, Jin
    • Journal of Cadastre & Land InformatiX
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    • v.49 no.2
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    • pp.23-38
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    • 2019
  • The National Land Census Project aims to survey the national land regularly to resolve the land category disagreement and reflect the actual land use. The objective of this study is to investigate whether not only the National Land Census Project but also related land and housing surveys bring about the improvement of social welfare in light of the invested budget, and to measure the project feasibility. The potential benefit after the National Land Census Project is not traded in the market. To determine the economic value of this potential benefit, the Contingent Valuation Method was used. This study utilized the single-bounded and double-bounded dichotomous choice models simultaneously to estimate the project feasibility of the cadastral system improvement. According to this study, cost-benefit ratio of the project was estimated larger than 1, which means that social benefits are larger than social costs.

An Economic Analysis Study of Recycling PET·OPP Laminated Film Waste Generated during DECO Film Manufacturing (DECO 필름 제조시 발생하는 PET·OPP 합성 폐필름 재활용의 경제성 분석 연구)

  • Mi Sook Park;Da Yeon Kim;Soo Jin Yang;Seong You Lee;Chun San Kim;Ok Jin Joung;Yong Woo Hwang
    • Resources Recycling
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    • v.32 no.3
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    • pp.57-67
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    • 2023
  • The treatment of waste plastic has primarily been entrusted to small companies, which has resulted in challenges in obtaining an accurate overview of the current state of affairs and ensuring profitability. Consequently, despite the presence of recycling technology, their practical application has proven to be challenging. In this study, as part of the waste plastic material recycling plan, it is assumed that the PET/OPP laminated waste film is peeled off at the waste film generation site for the second use. The recycling rate of PET/OPP delaminated waste film is assumed to be 2%, 10%, and 30% referring to the figures suggested by "Life-cycle Post Plastic Measures" from the Korean government. In this study, a physical separation method was developed as a recycling approach for waste PET. A result of cost-benefit analysis was conducted to evaluate the economic viability of the recycling process based on changes in the recycling rate. The findings indicated that a recycling rate of waste PET was 30% or higher resulted in a cost-benefit ratio (Benefit-cost ratio, BCR) of 1.32, exceeding the threshold of BCR ≥1, which is considered to meet the minimum requirement for cost-benefit balance. As the government's allocation ratio and unit price are expected to increase in the future, the cost-benefit ratio is expected to increase further. This case is expected to serve as a pilot initiative for waste PET recycling and foster profit creation for businesses in similar industries.

The Estimation and Economic Evaluation of Fisheries Benefit in Jeju Trial Sea Farm Project (제주 시범바다목장사업의 어업편익 추정과 경제성 평가)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.44 no.3
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    • pp.29-46
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    • 2013
  • The purpose of this study is to evaluate the economic validity of artificial reefs facilities and seeds release programs in Jeju Trial Sea Farm Project for raising fishing people's revenue. The results of this study show the artificial reefs facilities and seeds release programs have net present value of 15,962.63 million won, internal rate of retrurn 13.86%, and benefit-cost of 1.912 under a 5.5% social discount rate. This suggests that in Jeju trial sea farm project, artificial reefs facilities and seeds release programs increase fisherperson's revenue.