• Title/Summary/Keyword: Operational Costs

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Costs and Operational Revenue, Loan to Deposit Ratio Against Return on Assets: A Case Study in Indonesia

  • RAJINDRA, Rajindra;GUASMIN, Guasmin;BURHANUDDIN, Burhanuddin;ANGGRAENI, Rasmi Nur
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.5
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    • pp.109-115
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    • 2021
  • This study aims to examine the effect of Operating Costs and Income, Loan to Deposit Ratio on the Return on Asset (ROA) of Public-Private Foreign Exchange Banks listed on the Indonesia Stock Exchange (IDX) during the 2015-2018 period. This study is a quantitative study using financial reports of Public-Private Foreign Exchange Banks listed on the IDX as a data source. This study's population is 25 Public-Private Foreign Exchange Banks listed on the IDX. This study uses purposive sampling to determine the sample to produce 21 banking companies. Data was analyzed using multiple linear regression methods and descriptive statistics. The F Test calculation results state that all the variables of free operating expenses, operating income, and the loan to deposit ratio simultaneously and significantly affect the return on assets (ROA) variable in Public-Private Foreign Exchange Banks listed on the IDX. This study's results indicate that simultaneously Operational Costs, Operational Income, and Loan to Deposit Ratio have a significant effect on ROA. Operational Costs and Operational Income have a significant negative impact on Return on Assets. The third hypothesis shows that the Loan to Deposit Ratio has a positive and insignificant effect on Return on Assets.

A Study on the Effects of Flexible Operation of Imported Grain Transportation Vehicles on Logistics Costs by Considering Empty Transfer Rates (공차율을 고려한 유연한 수입곡물 화물차운영이 물류비용에 미치는 영향에 관한 연구)

  • Kim, Byeong Chan;Yang, Dae Yong
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.8 no.4
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    • pp.193-203
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    • 2012
  • This study analyzed regular transportation costs between port warehouses and processing plants and between processing plants and central distribution centers and further transportation costs relations according to empty transfer rates in each circulation by examining the distribution routes of imported grain including wheat, barley, corn, and soybean, namely port warehouses, processing plants, and central distribution centers. Based on the results, the study compared and reviewed the logistics transportation costs. The analysis results of the alternative model show that logistics operational costs could be considerably cut down by introducing a flexible vehicle transportation operational method, which is to change the vehicle loading parts for proper substitute transportation after unloading and transport them to other locations such as central distribution centers instead of returning empty, as an alternative to high operational costs deriving from empty vehicle operation in each circulation after unloading items in case of transportation of imported grain and processed items. The results allow for a more realistic approach to general problems with large-scale distribution network operation and provide a theoretical foundation to serve as a guide to establish policies for corporate operation of imported grain logistics systems.

Empirical Results and Operational Cost Analysis of Geothermal Heat Pump System using Thermal Energy Storage in Cooling Season (축열식 지열원 히트펌프 시스템의 냉방기간 실증운전 결과 및 운영비용 분석)

  • Kim, Deukwon;Lee, Dongwon;Heo, Jaehyeok;Kim, Minhwi
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.30 no.4
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    • pp.167-174
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    • 2018
  • The geothermal heat pump systems were installed for heating and cooling of public buildings in Jincheon Eco-friendly Energy town. The heat pump system was operated at night to save on operational costs, and the cold heat was stored in thermal energy storage (TES). In this study, the performance of geothermal heat pump systems with the TES during the summer season was analyzed, and the operational costs with and without the TES were compared. The electric chiller model was used to simulate a heat pump applied without the TES system. Electric rates of each system were measured to calculate operational costs. When the TES is used in the air conditioning system, the electric load (30.4 MWh) calculated in the daytime can move to off-peak load time, and the operational cost is reduced by 36~54%.

A Method to Calculate Charge for Reactive Power Service under Competition of Electric Power Utilities

  • Ro, Kyoung-Soo;Park, Sung-Chul
    • KIEE International Transactions on Power Engineering
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    • v.11A no.4
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    • pp.39-44
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    • 2001
  • As electric power systems have been moving from vertically integrated utilities to a deregulated environment, the charging of reactive power management is a new challenging them for market operators. This paper proposes a new methodology to compute the costs of providing reactive power management service in a competitive electrical power market. The proposed formulation, which is basically different from those shown in the literature, consists of two parts. One is to recover investment capital costs of reactive power supporting equipment based on a reactive power flow tracing algorithm. The other is to recover operational costs based on variable spot prices using the optimal power flow algorithm. The charging shapes resulted from the proposed approach exhibit a quite good meaning viewed from a practical sense. It turns out that reactive power charged are mostly due to recovery of capital costs and slightly due to recovery of operational costs. The methods can be useful in providing additional insight into power system operation and can be used to determined tariffs of a reactive power management service.

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A Method to Calculate a Service Charge for Reactive Power/Voltage Control under Competition of Power Utilities (전력시장 경쟁체제에서 무효전력/전압 제어 서비스의 가격책정 방법에 관한 연구)

  • Ro, Kyoung-Soo
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.77-82
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    • 2001
  • As electric power systems have been moving from vertically integrated utilities to a deregulated environment, the charging of reactive power management is a new challenging theme for market operators. This paper proposes a new methodology to compute the costs of providing reactive power management service in a competitive electrical power market. The proposed formulation, which is basically different from those shown in the literature, consists of two parts. One is to recover investment capital costs of reactive power supporting equipment based on a reactive power flow tracing algorithm. The other is to recover operational costs based on variable spot prices using the optimal power flow algorithm. The charging shapes resulted from the proposed approach exhibit a quite good meaning viewed from a practical sense. It turns out that reactive power charges are mostly due to recovery of capital costs and slightly due to recovery of operational costs. The method can be useful in providing additional insight into power system operation and can be used to determine tariffs of a reactive power management service.

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Definition of Medical Drug Administration Cost and Development of Its Costing Model under the Korean Medical Insurance Fee-for-Service System (의료보험 의약품 관리원가의 정의 및 산정모형 개발)

  • 황인경
    • Health Policy and Management
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    • v.9 no.1
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    • pp.1-29
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    • 1999
  • The Government has recently planned to improve the medical insurance drug price systems by removing the drug margin occurring from the difference between the official and purchasing prices, and instead by setting prices through adding drug administration casts calculated to the purchasing costs. In the circumstances, the major policy and implementing issues are how to define the drug administrance cost and how to calculate them. This study attempts to provide for the conceptional and operational definitions and thereby develop a costing model for the cost. The relationship between the current systems of medical services costs and prices were reviewed to define the concept of the costs. The study defined the costs from the narrow and wide prospective of meaning, and three operational definitions were provided. The costing model was developed applying the departmental costing principles. Finally, several prerequisites that have to be considered for the implementation of the definition and the model from the practical viewpoint.

The Investigation and Improvement plan of Contracting-out municipal wastewater treatment plant system in Korea (국내 하수처리장 관리대행 현황 및 제도 개선 방안)

  • Im, Jiyeol;Gil, Kyungik
    • Journal of Wetlands Research
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    • v.19 no.2
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    • pp.211-215
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    • 2017
  • The market of the municipal wasetewater treatment plant (MWTP) operation is expanding across the world including Korea. The contracting-out system was introduced for the effective operation of MWTPs. However, an improvement of the contracting-out system of MWTP has been continuously required. This research investigated current operational status of MWTPs in Korea, to suggest the improvement of the cost effective MWTP operation to promote the contracting-out system of MWTP operation. Results showed that lower operational costs of MWTP were lower in larger MWTPs than in smaller MWTPs. Overall, MWTPs operated by a public enterprise showed lower operational costs than those operated by government agencies and private enterprises. Among the MWTPs similar in their treatment capacity, treatment process and operation period, MWTPs operated by private enterprises showed the lowest operational cost. According to the survey, managers and operators of MWTPs emphasized the importance of improvement on the methods of selecting operating agencies and estimating operationing costs. The results of this study should be useful as important supporting data to promote the contracting-out system for the MWTP operation.

On determining a non-periodic preventive maintenance schedule using the failure rate threshold for a repairable system

  • Lee, Juhyun;Park, Jihyun;Ahn, Suneung
    • Smart Structures and Systems
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    • v.22 no.2
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    • pp.151-159
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    • 2018
  • Maintenance activities are regarded as a key part of the repairable deteriorating system because they maintain the equipment in good condition. In practice, many maintenance policies are used in engineering fields to reduce unexpected failures and slow down the deterioration of the system. However, in traditional maintenance policies, maintenance activities have often been assumed to be performed at the same time interval, which may result in higher operational costs and more system failures. Thus, this study presents two non-periodic preventive maintenance (PM) policies for repairable deteriorating systems, employing the failure rate of the system as a conditional variable. In the proposed PM models, the failure rate of the system was restored via the failure rate reduction factors after imperfect PM activities. Operational costs were also considered, which increased along with the operating time of the system and the frequency of PM activities to reflect the deterioration process of the system. A numerical example was provided to illustrate the proposed PM policy. The results showed that PM activities performed at a low failure rate threshold slowed down the degradation of the system and thus extended the system lifetime. Moreover, when the operational cost was considered in the proposed maintenance scheme, the system replacement was more cost-effective than frequent PM activities in the severely degraded system.

Analysis to be used for the Life Cycle Costs calculation of rolling stocks for EMU (EMU 철도차량의 LCC(Life Cycle Cost)분석)

  • Park, Su-Myung
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.177-183
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    • 2009
  • This paper deals with the topical problems of the Life Cycle Costs in connection with the rolling stocks. the LCC philosophy has already entered the third decade. this philosophy contributed towards the new relationship's comprehension between railway vehicle producers' and railway vehicle users' sphere. this leads together to the technical-economical solution convenient for the both sides. In the point of manufacturer, It is said that low operational costs could be reached using a well-designed and structured maintenance program. this is due to the proper technical analysis of critical components that leads to low costs of maintenance and a superior reliability without increasing the capital investment. but, This paper presents both topical experiences with the LCC models for the railways vehicles and also procedures during Life Cycle Costs calculations. In conclusion I want to introduce how to calculate LCC & what kinds of softwares are used based on VVVF EMU vehicle

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The Impact of Aircraft Spare Engine & Module's Inventory Level on Operational Availability (항공기 예비엔진 및 모듈 재고수준이 운용가용도에 미치는 영향)

  • Lee, Sang-Jin;Bai, Ju-Kun;Kim, Min-Gyu
    • Journal of Korean Society for Quality Management
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    • v.38 no.3
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    • pp.333-339
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    • 2010
  • It is difficult to determine an optimal inventory level of aircraft engine and modules to achieve the target operational availability since F100-PW-200 & 229 engines of the F-16 & KF-16 aircraft are consisted of 5 modules with different failure rates and costs. This study presents a decision model, combining an integer programming problem and a regression metamodel. Data for the metamodel was attained from results of a simulation model, that represents operational and repair process of F-16 and KF-16. The objective function of an integer programming problem is maximizing the operational availability, representing pessimistic circumstances. Finally, an integer programming problem with a metamodel can make an optimal decision of the inventory level.