• Title/Summary/Keyword: Opportunity Cost

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Direct Costs of Cervical Cancer Management in Morocco

  • Berraho, Mohamed;Najdi, Adil;Mathoulin-Pelissier, Simone;Salamon, Roger;Nejjari, Chakib
    • Asian Pacific Journal of Cancer Prevention
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    • v.13 no.7
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    • pp.3159-3163
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    • 2012
  • Background: For cervical cancer the epidemiological profile is poorly known in Morocco and no data is available concerning the direct medical costs. The purpose of this work is to estimate the direct cost of medical management of invasive cervical cancer during the first year after diagnosis in Morocco. Methods: The estimation of direct costs of medical management of invasive cervical cancer during the first year after diagnosis in Morocco is based on the estimation of individual cost in each stage which covers diagnosis, treatment and follow-up during first year. The cost was estimated per patient and whole cycle-set using the costs for each drug and procedure as indicated by the Moroccan National Agency for Health Insurance. Extrapolation of the results to the whole country was used to calculate the total annual cost of cervical cancer treatments in Morocco. Results: Overall approximately 1,978 new cases of cervical cancer occur each year in Morocco. The majority (82.96%) of these cases were diagnosed at a late stage (stageII or more). The cost of one case of cervical cancer depends on stage of diagnosis, the lowest cost is $382 for stageCis followed by the cost of stageIA1 for young women (< 40 years) which is $2,952. The highest cost is for stageIV, which is $7,827. The total cost of cervical cancer care for one year after diagnosis is estimated at $13,589,360. The share allocated to treatment is the most important part of the global care budget with an annual sum of $13,027,609 whereas other cost components are represented as follows: $435,694 for annual follow-up activity and $126,057 for diagnosis and preclinical staging. Conclusion: This study provides health decision-makers with a first estimate of costs and the opportunity to achieve the optimal use of available data to estimate the needs of health facilities in Morocco.

Reserve pricing with opportunity cost in competitive generation market (발전경쟁시장에서 기회비용을 고려한 예비력 가격설정)

  • Kim, Jong-Deok;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2006.07a
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    • pp.591-592
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    • 2006
  • 전기에너지는 저장성이 없기 때문에 부하의 불규칙적인 변화에 대한 실시간 대처가 어렵다. 그 중 전례계통의 대규모 공급지장에 대비하여 안정적인 공급을 위해서 예비력은 중요한 요소이다. 예비력이 필요 없다면 경쟁적 입찰을 통해 최적의 가격설정을 할 수 있겠지만 예비력은 계통의 안정적 운영을 위해 반드시 필요하다. 예비력을 운영함으로써 경제적 손실이 발생하는데 이를 최소화하기 위한 일환으로 예비력 운영에 대한 적절한 가격결정이 필요하다. 본 논문에서는 예비력시장을 운영함으로써 발생하는 기회비용을 고려하여 에너지와 예비력 가격 설정방법을 제시하였다.

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Reserve pricing with opportunity cost in competitive generation market (발전경쟁시장에서 기회비용을 고려한 예비력 가격설정)

  • Kim, Jong-Deok;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2006.07d
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    • pp.2223-2224
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    • 2006
  • 전기에너지는 저장성이 없기 때문에 부하의 불규칙적인 변화에 대한 실시간 대처가 어렵다. 그 중 전력계통의 대규모 공급지장에 대비하여 안정적인 공급을 위해서 예비력은 중요한 요소이다. 예비력이 필요 없다면 경쟁적 입찰을 통해 최적의 가격설정을 할 수 있겠지만 예비력은 계통의 안정적 운영을 위해 반드시 필요하다. 예비력을 운영함으로써 경제적 손실이 발생하는데 이를 최소화하기 위한 일환으로 예비력 운영에 대한 적절한 가격결정이 필요하다. 본 논문에서는 예비력시장을 운영함으로써 발생하는 기회비용을 고려하여 에너지와 예비력 가격 설정방법을 제시하였다.

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Models for the Empty Container Repositioning and Leasing (공컨테이너 운영 관리를 위한 모형 개발)

  • 하원익;남기찬
    • Journal of the Korean Institute of Navigation
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    • v.23 no.2
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    • pp.11-22
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    • 1999
  • This paper is concerned with the development of a tractable model to assist liner shipping companies in the decision-making of empty container repositioning and leasing. A hybrid methodology is presented which properly accounts for the specific characteristics of empty container management. For this mathematical models are developed based on dynamic network models, covering both land and marine segment. Then a stochastic method is presented to deal with the uncertainty of the future demand and supply. Especially, the concept of opportunity cost has been introduced in order to explain interactions between the variation of the future demand and supply and the stock level at each depot.

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Contemporary Chinese Households' Food Away From Home Expenditure and Becker's Household Production Theory

  • Kim Eon-Jin;Chern Wen S.
    • International Journal of Human Ecology
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    • v.6 no.1
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    • pp.17-28
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    • 2005
  • This study examines factors determining contemporary Chinese households' food away from home (FAFH) expenditures using Becker's household production theory. Data came from the 2000 urban household survey in Guangdong Province, collected by National Bureau of Statistics (NBS) of China. It was revealed that the contemporary urban Chinese wives also substitute their household work by time-saving product, FAFH, as Becker's household production theory postulated. This suggests the important role of time-value (opportunity cost) in determining household FAFH expenditure across the cultures.

Reserve pricing with opportunity cost in competitive generation market (발전경쟁시장에서 기회비용을 고려한 예비력 가격설정)

  • Kim, Jong-Deok;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2006.07b
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    • pp.1257-1258
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    • 2006
  • 전기에너지는 저장성이 없기 때문에 부하의 불규칙적인 변화에 대한 실시간 대처가 어렵다. 그 중 전력계통의 대규모 공급지장에 대비하여 안정적인 공급을 위해서 예비력은 중요한 요소이다. 예비력이 필요 없다면 경쟁적 입찰을 통해 최적의 가격선정을 할 수 있겠지만 예비력은 계통의 안정적 운영을 위해 반드시 필요하다. 예비력을 운영함으로써 경제적 손실이 발생하는데 이를 최소화하기 위한 일환으로 예비력 운영에 대한 적절한 가격결정이 필요하다. 본 논문에서는 예비력시장을 운영함으로써 발생하는 기회비용을 고려하여 에너지와 예비력 가격 설정방법을 제시하였다.

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An Economic Contribution of Housework (주부의 가사노동의 경제적 기여도)

  • 김정희
    • Journal of Families and Better Life
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    • v.17 no.2
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    • pp.19-30
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    • 1999
  • The measurement of women's unpaid work is one of the important issues for the improvement of women's status and establishment of a women policy. The purpose of this study is to measure of household production of housewife and to estimate the ratio to GDP. And to emphasize the political meaning of housework The results are as follow; 1) The monetary value of housework of one housewife in 1995 was 783,050won by opportunity cost method . 2) The ratio of household production to GDP 1995 was approximately 16.5%.

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Reserve pricing with opportunity cost in competitive generation market (발전경쟁시장에서 기회비용을 고려한 예비력 가격설정)

  • Kim, Jong-Deok;Kim, Jin-O
    • Proceedings of the KIEE Conference
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    • 2006.07c
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    • pp.1717-1718
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    • 2006
  • 전기에너지는 저장성이 없기 때문에 부하의 불규칙적인 변화에 대한 실시간 대처가 어렵다. 그 중 전력계통의 대규모 공급지장에 대비하여 안정적인 공급을 위해서 예비력은 중요한 요소이다. 예비력이 필요 없다면 경쟁적 입찰을 통해 최적의 가격설정을 할 수 있겠지만 예비력은 계통의 안정적 운영을 위해 반드시 필요하다. 예비력을 운영함으로써 경제적 손실이 발생하는데 이를 최소화하기 위한 일환으로 예비력 운영에 대한 적절한 가격결정이 필요하다. 본 논문에서는 예비력시장을 운영함으로써 발생하는 기회비용을 고려하여 에너지와 예비력 가격 설정방법을 제시하였다.

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Methods and Applications to estimate the Conversion Factor of Resource-based Relative Value Scale for Nurse-Midwife's Delivery Service in the National Health Insurance (조산원(助産院)의 분만간호서비스에 대한 건강보험수가 산출방법과 적용방안)

  • Kim, Jin-Hyun;Jung, Yoo-Mi
    • Journal of Korean Academy of Nursing
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    • v.39 no.4
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    • pp.574-583
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    • 2009
  • Purpose: This paper analyzed alternative methods of calculating the conversion factor for nurse-midwife's delivery services in the national health insurance and estimated the optimal reimbursement level for the services. Methods: A cost accounting model and Sustainable Growth Rate (SGR) model were developed to estimate the conversion factor of Resource-Based Relative Value Scale (RBRVS) for nurse-midwife's services, depending on the scope of revenue considered in financial analysis. The data and sources from the government and the financial statements from nurse-midwife clinics were used in analysis. Results: The cost accounting model and SGR model showed a 17.6-37.9% increase and 19.0-23.6% increase, respectively, in nurse-midwife fee for delivery services in the national health insurance. The SGR model measured an overall trend of medical expenditures rather than an individual financial status of nurse-midwife clinics, and the cost analysis properly estimated the level of reimbursement for nurse-midwife's services. Conclusion: Normal vaginal delivery in nurse-midwife clinics is considered cost-effective in terms of insurance financing. Upon a declining share of health expenditures on midwife clinics, designing a reimbursement strategy for midwife's services could be an opportunity as well as a challenge when it comes to efficient resource allocation.

Experience of Surgical Treatment through Ambulatory Care Unit (일 병원에서 통원병실을 이용한 수술적 치료의 경험)

  • Sohn, Jong-Min;Ha, Nan-Kyung
    • Quality Improvement in Health Care
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    • v.8 no.1
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    • pp.84-94
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    • 2001
  • Background : in order to adapt to changes of the medical environm interests that is drawn in ambulatory surgery are increased as a method of approaching a patients' satisfaction and cost-effective management. The purpose of this study is to a assess the operation which is able to perform through ambulatory care unit, to identify the problem in ambulatory surgery, and to increased the opportunity of ambulatory surgery with safety. Methods : Between May 13th, 1998 and June 30th, 2000, we performed surgical treatment through ambulatory care unit, and evaluate the results of them. The sorts of operation, duration of stay in the hospital, total cost of treatment, satisfaction of patients and safety if anesthesia were assessed. Results : We performed ambulatory surgery without serve complications and the patients were satisfied with surgical treatment through ambulatory care unit. In comparison of ambulatory and admission surgery, there was a reduction of cost to 16.7~25.3% in ambulatory surgery. Also, the duration of admission was 2 days shorter than admission surgery. Conclusions : According to our results, the surgical treatment through ambulatory care unit is safe and useful method that increase the quality of medical service, satisfaction of patients and reduce the cost of treatments.

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