• Title/Summary/Keyword: Decision Cost

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Environmental Decision Making of Nakdong River Basin by the Environmental Accounting (환경회계에 의한 낙동강 유역의 환경정책결정에 관한 연구)

  • 김영진;김진이;손지호;이석모
    • Journal of Environmental Science International
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    • v.10 no.2
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    • pp.85-90
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    • 2001
  • The conflicts between environment protection and economic development are becoming increasingly important in environmental decision making of Nakdong River Basin. A science-based evaluation system is now needed to represent both the environmental values and the economic values with a common measure. EMERGY, spelled with an \"m\" evaluates both the work of river and that of human in generating products and services. The monetary cost-benefit analysis and the environmental accounting by EMERGY analysis were applied to determine whether there will have a net benefit in environmental decision making of Nakdong River Basin. Based on the results of the environmental accounting, all alternatives which related to environmental decision making of Nakdong River Basin show that more and more of EMERGY cost becomes needed than the a EMERGY benefit from getting water to drink in the lower basin. From these results, for selecting alternatives to manage water quantity and quality that is sustainable in the environmental use and economic development, environmental accounting concepts must be considered, and the economic structure of Nakdong River Basin should be changed from the present industrial structure to social-economic based on ecological-recycling concept for the sustainable use of Nakdong River.ong River.

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Development of decision making index for balcony extension in apartment houses (로지스틱 회귀분석을 이용한 공동주택 발코니 확장)

  • Lee, Hye Lin;Park, Min Ha;Ko, Yong-Ho;Han, SeungWoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.11a
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    • pp.83-84
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    • 2015
  • Remodeling of apartment houses has been increasing recently and residents have chosen to extend the balcony along with the legalization of balcony extension in apartment houses. Balcony extension provides residents more space, however, it has been investigated that balcony extension increases construction cost, heating and cooling cost and decreases sound insulation performance. Therefore, this study focuses on developing a decision making index for residents in remodeling required apartment houses. The suggested methodology involves surveying actual residents, survey analysis by AHP and decision model development using logistic regression analysis.

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The Study on the Exterior Design Decision Process of the Maneuver Weapon System Development (기동무기체계 개발에서 외형 디자인 결정 프로세스에 관한 연구)

  • Youn, Byungjo;Lee, Ho
    • Journal of the Korean Society of Systems Engineering
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    • v.13 no.2
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    • pp.1-8
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    • 2017
  • The Core in Weapon system R&D is to realize the user required capabilities in limited schedule and cost. Therefore, the design of weapon system focuses to functional design for realization of requirement capabilities. However, the weapon system should not only basically bring the confidence to friendly forces bring fear to enemy forces to maximize the operational effectiveness of weapon systems and we consider the exterior design as the important factor to compete with foreign systems in international defense market besides capabilities and cost. For that reason, we made study case about the visual design decision process applied to the LVT(light tactical vehicle) project which was recent successful deployment among the many R&D projects of auto industry. Based on this case, this study suggests the necessity of the exterior design decision process the maneuver weapon system is developed.

Study on the Make or Buy decision using system dynamics: Defense industry (시스템다이내믹스를 이용한 제조 또는 구매결정에 관한 연구: 방위산업을 중심으로)

  • Ko, Seong-Pil;Jung, Euy-Young;Lee, Jeong-Dong
    • Korean System Dynamics Review
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    • v.15 no.4
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    • pp.85-100
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    • 2014
  • We propose a composite make or buy decision model considering both the transaction cost theory and the resource based view in the Korean defense industry using System Dynamics. We analyze relationship between core variables(transaction frequency, technological uncertainty, the level of technological dependency, technological level and acquisition ability for market information) and 'Make or Buy decision' focused on technological innovation capability. Based on the result, we propose the implications as follows : First, the defence industry needs more R&D investment. Second, it needs a balance between domestic(Make) and overseas(Buy) to increase the technological capability rapidly.

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A Study on Railway Transportation Business Cost Estimation & Decision Supporting Methods using Simulation Data (시뮬레이션을 활용한 철도교통사업 비용 추산 및 의사결정 지원 방법 연구)

  • Chang, Suk;Nam, Do Woo;Sim, Jeong Hwan;Kim, Dong Hee
    • Journal of the Korea Society for Simulation
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    • v.29 no.4
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    • pp.85-94
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    • 2020
  • In determining the feasibility of planning and launching railway transportation projects, various decision-making processes are essentially required. LCC(Life Cycle Cost) value including total construction cost and operation cost is estimated in approximation Model with rough guideline. In this study, modeling and simulation-based analysis method is proposed to support the decision making process of railroad transportation and derivation of LCC. Firstly, cost analysis model was constructed by collecting various existing rail transportation business data to enable analyze based on numerical data, and the result were analyzed by DOE(Design Of Experiments) and RSM (Response Surface Method) simulation. Professional commercial software tools were used for effective model construction and simulation. In order to verify the research results, the actual railroad transportation projects were selected, and the results of the analysis were compared.

The Primary Process and Key Concepts of Economic Evaluation in Healthcare

  • Kim, Younhee;Kim, Yunjung;Lee, Hyeon-Jeong;Lee, Seulki;Park, Sun-Young;Oh, Sung-Hee;Jang, Suhyun;Lee, Taejin;Ahn, Jeonghoon;Shin, Sangjin
    • Journal of Preventive Medicine and Public Health
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    • v.55 no.5
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    • pp.415-423
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    • 2022
  • Economic evaluations in the healthcare are used to assess economic efficiency of pharmaceuticals and medical interventions such as diagnoses and medical procedures. This study introduces the main concepts of economic evaluation across its key steps: planning, outcome and cost calculation, modeling, cost-effectiveness results, uncertainty analysis, and decision-making. When planning an economic evaluation, we determine the study population, intervention, comparators, perspectives, time horizon, discount rates, and type of economic evaluation. In healthcare economic evaluations, outcomes include changes in mortality, the survival rate, life years, and quality-adjusted life years, while costs include medical, non-medical, and productivity costs. Model-based economic evaluations, including decision tree and Markov models, are mainly used to calculate the total costs and total effects. In cost-effectiveness or costutility analyses, cost-effectiveness is evaluated using the incremental cost-effectiveness ratio, which is the additional cost per one additional unit of effectiveness gained by an intervention compared with a comparator. All outcomes have uncertainties owing to limited evidence, diverse methodologies, and unexplained variation. Thus, researchers should review these uncertainties and confirm their robustness. We hope to contribute to the establishment and dissemination of economic evaluation methodologies that reflect Korean clinical and research environment and ultimately improve the rationality of healthcare policies.

Design of a Logistics Decision Support System for Transportation Mode Selection considering Carbon Emission Cost (탄소배출비용을 고려한 물류의 최적 운송수단 의사결정 시스템 설계)

  • Song, Byung-Jun;Koo, Je-Kwon;Song, Sang-Hwa;Lee, Jong-Yun
    • The KIPS Transactions:PartD
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    • v.18D no.5
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    • pp.371-384
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    • 2011
  • This paper considers logistics decision support system which deals with transportation mode selection considering transportation and carbon emission cost. Transportation and carbon emission costs vary with the choice of transportation modes and to become competitive companies need to find proper transportation modes for their logistics services. However, due to the restricted capacity of transportation modes, it is difficult to balance transportation and carbon emission costs when designing logistics network including transportation mode choice for each service. Therefore this paper aims to analyze the trade-off relationship between transportation and carbon emission cost in mode selection of intermodal transportation and to provide optimal green logistics strategy. In this paper, the logistics decision support system is designed based on mixed integer programming model. To understand the trade-off relationship of transportation and carbon emission cost, the system is tested with various scenarios including transportation of containers between Seoul and Busan. The analysis results show that, even though sea transportation combined with trucking is competitive in carbon emission per unit distance travelled, the total cost of carbon emission and transportation for the sea transportation may not have competitive advantage over other transportation modes including rail and truck transportation modes. The sea-based intermodal logistics service may induce detours which have negative impacts on the overall carbon emission. The proposed logistics decision support system is expected to play key role in green logistics and supply chain management.

An Empirical Analysis of the Determinants of Defense Cost Sharing between Korea and the U.S. (한미 방위비 분담금 결정요인에 대한 실증분석)

  • Yonggi Min;Sunggyun Shin;Yongjoon Park
    • The Journal of the Convergence on Culture Technology
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    • v.10 no.1
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    • pp.183-192
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    • 2024
  • The purpose of this study is to empirically analyze the determining factors (economy, security, domestic politics, administration, and international politics) that affect the ROK-US defense cost sharing decision. Through this, we will gain a deeper understanding of the defense cost sharing decision process and improve the efficiency of defense cost sharing calculation and execution. The scope of the study is ROK-US defense cost sharing from 1991 to 2021. The data used in the empirical analysis were various secondary data such as Ministry of National Defense, government statistical data, SIPRI, and media reports. As an empirical analysis method, multiple regression analysis using time series was used and the data was analyzed using an autoregressive model. As a result of empirical research through multiple regression analysis, we derived the following results. It was analyzed that the size of Korea's economy, that is, GDP, the previous year's defense cost share, and the number of U.S. troops stationed in Korea had a positive influence on the decision on defense cost sharing. This indicates that Korea's economic growth is a major factor influencing the increase in defense cost sharing, and that the gradual increase in the budget and the negotiation method of the Special Agreement (SMA) for cost sharing of stationing US troops in Korea play an important role. On the other hand, the political tendencies of the ruling party, North Korea's military threats, and China's defense budget were found to have no statistically significant influence on the decision to share defense costs.

Computer-Aided Decision Analysis for Improvement of System Reliability

  • Ohm, Tai-Won
    • Journal of the Korea Safety Management & Science
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    • v.2 no.4
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    • pp.91-102
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    • 2000
  • Nowadays, every kind of system is changed so complex and enormous, it is necessary to assure system reliability, product liability and safety. Fault tree analysis(FTA) is a reliability/safety design analysis technique which starts from consideration of system failure effect, referred to as “top event”, and proceeds by determining how these can be caused by single or combined lower level failures or events. So in fault tree analysis, it is important to find the combination of events which affect system failure. Minimal cut sets(MCS) and minimal path sets(MPS) are used in this process. FTA-I computer program is developed which calculates MCS and MPS in terms of Gw-Basic computer language considering Fussell's algorithm. FTA-II computer program which analyzes importance and function cost of VE consists. of five programs as follows : (l) Structural importance of basic event, (2) Structural probability importance of basic event, (3) Structural criticality importance of basic event, (4) Cost-Failure importance of basic event, (5) VE function cost analysis for importance of basic event. In this study, a method of initiation such as failure, function and cost in FTA is suggested, and especially the priority rank which is calculated by computer-aided decision analysis program developed in this study can be used in decision making determining the most important basic event under various conditions. Also the priority rank can be available for the case which selects system component in FMEA analysis.

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The Minimum-cost Network Selection Scheme to Guarantee the Periodic Transmission Opportunity in the Multi-band Maritime Communication System (멀티밴드 해양통신망에서 전송주기를 보장하는 최소 비용의 망 선택 기법)

  • Cho, Ku-Min;Yun, Chang-Ho;Kang, Chung-G
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.36 no.2A
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    • pp.139-148
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    • 2011
  • This paper presents the minimum-cost network selection scheme which determines the transmission instance in the multi-band maritime communication system, so that the shipment-related real-time information can be transmitted within the maximum allowed period. The transmission instances and the corresponding network selection process are modeled by a Markov Decision Process (MDP), for the channel model in the 2-state Markov chain, which can be solved by stochastic dynamic programming. It derives the minimum-cost network selection rule, which can reduce the network cost significantly as compared with the straight-forward scheme with a periodic transmission.