• Title/Summary/Keyword: Labor Cost

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Presumption Method of Proper Labor Cost While Calculating Primary Cost of Defense Industrial Manufacturing Items (방산물자 원가계산시 적정 노무비 추정방안)

  • 한현진;추성호;서성철
    • Journal of the military operations research society of Korea
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    • v.28 no.2
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    • pp.85-94
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    • 2002
  • Calculation of proper expenses on acquisition and purchasing defense product is matter of survival and weighing the morality for both defense industry and the national facilities. With this reason, both parties have been a big job to estimate the resonable cost. The cost are composed of many subordinated parts such as material cost, labor cost, and so on. In the compositions of that cost, the most important part in between companies and the government throughout the whole calculating process is to define the proper labor cost. When both parties calculate imported articles or overhead expenses, they can easily calculate and confirm by documented evidences or related materials. In other hand, the labor cost, which can be seen as two absolutely different numbers and opinions can be created, depends on analyzer's point of view. These interpretation and judgment of data cannot avoid analyzer's intention. In accordance with the above matters, defining the reasonable labor cost will be the top priority in order to analyze the proper expenses. This study will provide a method of proper labor cost estimation before starting the actual manufacturing to calculate the rational labor cost.

A Basic Study for Improving of Labor Cost Survey in the Construction Market (시중노임단가 조사방법의 개선을 위한 기초연구)

  • Lee, Ju-Hyun;Beak, Seung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.228-229
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    • 2019
  • This study performs analyzing a status of labor cost policy of public construction project and labor management information system in Korea for improving of labor cost survey in the construction market. The outcome of this study will be helpful to build a labor cost information system included the information of man-hour, regular pay and benefit, total wage. And if these result is integrated with the information of worker's career, qualification, skill level, it is confidently expected that the survey of labor cost is reliable.

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A Contribution to the National Economy System of Unpaid Household Labor (무보수 가사노동의 국민경제에 대한 기여도 평가)

  • 문숙재;윤소영;김은희
    • Journal of the Korean Home Economics Association
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    • v.40 no.10
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    • pp.161-176
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    • 2002
  • This study is a basic research for the estimation of the value of unpaid household labor within the national economy system to be reflected in the related policy-making. By measuring economic value of unpaid household labor and estimating the ration to GDP, this study attempted to confirm the productivity of the unpaid household labor and thus contribute to the improvement of socio-economic status of women. Especially, it focused on the development of a standard of estimating unpaid household labor as a method applicable to the present economic and legal system. To organize the method of economic valuation of unpaid household labor and calculate the ration to GDP, this study used three approaches: replacement cost method individual function, replacement cost method generalist and opportunity cost method. Although the estimated result revealed that the economic value of unpaid household labor showed a great extent of deviation according to the estimating methods and the wage rate, total value of household labor ranged from one hundred and thirty eight to two hundred and thirty trillion wens, about 28-48% of GDP in Korea.

A Study of the Economic Valuation of Rural Women's Labor - Agricultural Work and Household Work - (여성농업인 노동의 경제적 가치평가에 관한 연구 - 농업노동과 가사노동 -)

  • 유소이;최윤지;조현숙;김경미
    • Journal of the Korean Home Economics Association
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    • v.41 no.7
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    • pp.157-168
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    • 2003
  • The purposes of this study were to explore the rural women's labor by measuring labor value economically. To achieve the purpose, this study applied four methods : replacement cost method individual function, replacement cost method generalist, opportunity cost method and shadow wage method. The results of this study were as follows: 1) Time used for agricultural work and household work by with women were 5.3 hours and 3.8 hours each. 2) According to the methods used, the amounts of valuing rural women's labor were varied and ranged from 23,000 won to 43,000 won per day. This study might help recognize the degree of rural women's labor contribution to the household income of farm households and improve the socio-economic status of rural women through showing the productivity of the rural women's labor.

Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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A review of economic valuation methods for rural women′s labor (여성농업인 노동의 경제적 가치평가 방법에 관한 소고)

  • 최윤지;유소이;최현자
    • The Korean Journal of Community Living Science
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    • v.13 no.1
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    • pp.25-40
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    • 2002
  • Recently the rural women's role has been changed from assisting men to leading major farm work. However, contribution of women in the rural area has not beers fairly evaluated. Hence, it has been difficult for the rural women to receive the reasonable compensation if they injured, had some disasters or were divorced. Therefore this study tried to suggest economic methods such as market cost approach, opportunity cost method and shadow wage method for evaluating rural women's labor. It might provide some information for helping to establish the status of rural women as a income earner through estimating money value of labor contributed by rural women and furthermore, be useful information to improve the efficiency of farm labor by exploring the relationship between value of labor and actual income. Hence, it might help improve the economic situation and life at home of rural women, solve difficulties in the real life and reduce disparity of economic distribution between urban and rural area.

A Study on the Method to Estimate the Cost of Hospice Care (호스피스의 수가 산정 방안에 관한 연구)

  • Cho, Hyun
    • Journal of Korean Academy of Nursing
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    • v.24 no.2
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    • pp.216-225
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    • 1994
  • The cost of hospice care should be covered by the insurance system if it is to be promoted in our country and this, in turn, requires a proper method to the estimate of this cost. The purpose of this study was to set up the method to estimate the cost of hospice care. First the cost effectiveness of hospice care were studied. By tracing the activities of hospice nurses for a given period, all the relevant data such as the scope and load of activities as well as the cost were collected. Then these were analysed and compared with the data obtained from hospice and home care. The results showed that the cost of hospice care was the most economic, and indicate its qualification as .1n in-dependent system. The main part of the cost of hospice care was found to be the labor cost which was up to 83% of the total. Therefore a method to estimate the cost should reflect the real labor cost. Several methods have been proposed in the study in terms of unit labor cost, service time, material cost, and the weight of the labor cost. All variables, including the service time surveyed in this study, can easily be translated into numerical values and it would not difficult to estmate the cost of hospice care. Hence by letting the hospice care be insured, hospice care can be expected to function as a good alternative to the present medical system.

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The Development of Probabilistic Time and Cost Data: Focus on field conditions and labor productivity

  • Hyun, Chang-Taek;Hong, Tae-Hoon;Ji, Soung-Min;Yu, Jun-Hyeok;An, Soo-Bae
    • Journal of Construction Engineering and Project Management
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    • v.1 no.1
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    • pp.37-43
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    • 2011
  • Labor productivity is a significant factor associated with controlling time, cost, and quality. Many researchers have developed models to define methods of measuring the relationship between productivity and various parameters such as the size of working area, maximum working hours, and the crew composition. Most of the previous research has focused on estimating productivity; however, this research concentrates on estimating labor productivity and developing time and cost data for repetitive concrete pouring activity. In Korea, "Standard Estimating" only entails the average productivity data of the construction industry, and it is difficult to predict the time and cost spent on any particular project. As a result, errors occur in estimating duration and cost for individual activities or projects. To address these issues, this research sought to collect data, measure productivity, and develop time and cost data using labor productivity based on field conditions from the collected data. A probabilistic approach is also proposed to develop data. A case study is performed to validate this process using actual data collected from construction sites. It is possible that the result will be used as the EVMS baseline of cost management and schedule management.

PROBABILISTIC MODEL-BASED APPROACH FOR TIME AND COST DATA : REGARDING FIELD CONDITIONS AND LABOR PRODUCTIVITY

  • ChangTaek Hyun;TaeHoon Hong;SoungMin Ji;JunHyeok Yu;SooBae An
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.256-261
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    • 2011
  • Labor productivity is a significant factor related to control time, cost, and quality. Many researchers have developed models to define method of measuring the relationship between productivity and various constraints such as the size of working area, maximum working hours, and the crew composition. Most of the previous research has focused on estimating productivity; however, this research concentrates on estimating labor productivity and developing time and cost data for repetitive concrete pouring activity. In Korea, "Standard Estimating" only contains the average productivity data of the construction industry, and it is difficult to predict the time and cost of any particular project; hence, there are some errors in estimating duration and cost for individual activity and project. To address these issues, this research collects data, measures productivity, and develops time and cost data using labor productivity based on field conditions from the collected data. A probabilistic approach is also proposed to develop data. A case study is performed to validate this process using actual data collected from construction sites and it is possible that the result will be used as the EVMS baseline of cost management and schedule management.

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Prediction of Labor Requirement and Cost of Pick-up Type Pulse Crop Harvester for Soybean and Red Bean Harvesting

  • Yoo, Soonam;Chang, Heesoo
    • Journal of Biosystems Engineering
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    • v.39 no.4
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    • pp.283-289
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    • 2014
  • Purpose: This study was carried out to evaluate the labor requirement and the cost-reducing effects of the pick-up type pulse crop harvester compared with those of conventional harvesting for soybeans and red beans. Methods: The labor requirement and the cost to gather, thresh, and clean for conventional harvesting operations were surveyed; those for the pick-up type pulse crop harvester were estimated for soybeans and red beans. The annual capacity of the harvester and the break-even area of the two harvesting methods were also estimated. Results: For soybean harvesting, the labor requirement of 0.57 hour-persons/10 a for the pick-up type pulse crop harvester reflects a 91.9% reduction in the labor requirement of 7.00 hour-persons/10 a for conventional harvesting. Machinery costs of 51,300 won/10 a for the harvester were estimated for an annual harvesting area of 52.5 ha/year, representing a reduction of 33.3% from the 78,700 won/10 a cost of conventional harvesting. A break-even area of 28.4 ha was estimated for the two harvestings. For red bean harvesting, the labor requirement of 0.57 hour-persons/10 a for the harvester reflects a 92.6% reduction in the labor requirement of 7.66 hour-persons/10 a for conventional harvesting. For an annual harvesting area of 52.5 ha/year, annual capacity of 52.5 ha/year and machinery costs of 51,700 won/10 a were estimated for the harvester, reflecting a reduction of 44.7% in the cost of 93,500 won/10 a for conventional harvesting. A break-even area of 23.1 ha was estimated for the two harvestings. A governmental subsidy for purchasing the harvester could contribute to reducing the break-even area and harvesting costs. Conclusions: The pick-up type pulse crop harvester for soybean and red bean harvesting could reduce the labor requirement and costs of conventional harvesting, and a governmental subsidy for purchasing the harvester will improve the economics of the harvester for efficient mechanical harvesting.