• Journal of the Korean Operations Research and Management Science Society
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• v.15 no.1
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• pp.63-72
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• 1990

This problem in this paper concerns the determination of safety stock for multi-echelon invenetory system. In this model the criterion is to minimize system safety stock subject to a service level constraint and expected annual total cost. Then, safety stock is determined by minimizing expected annual total cost and satisfying given service level. This expected annual total cost is obtained by expected total inventory holding cost plus the expected total stockout cost. Numerical example is given in a three-echelon inventory system. The results obtained by the use of the Hill Algorithm.

• KIEAE Journal
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• v.5 no.3
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• pp.25-31
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• 2005

Computer simulations were performed for Heating Ventilating and Air-Conditioning (HVAC) systems to figure out more efficient maintenance methods for the building used for adolescent trainees. This study aims at suggesting design alternatives for optimum operation and performing life cycle cost (LCC) for each alternative. First, the capacity of the heat source equipment was determined using annual maximum heating and cooling loads. Annual loads were calculated and applied to the alternative for the purpose of calculating annual energy cost. Second, several types of data were collected to predict energy cost. Finally, the pay back period for each alternative was calculated using total cost estimation during standard duration period. This study indicates that the absorption chiller that does not occupy most part of a mechanical room, and does not need much operation cost was most economical.

• Journal of Preventive Medicine and Public Health
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• v.45 no.5
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• pp.291-300
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• 2012

Objectives: We aimed to estimate the annual socioeconomic burden of coronary heart disease (CHD) in Korea in 2005, using the National Health Insurance (NHI) claims data. Methods: A prevalence-based, top-down, cost-of-treatment method was used to assess the direct and indirect costs of CHD (International Classification of Diseases, 10th revision codes of I20-I25), angina pectoris (I20), and myocardial infarction (MI, I21-I23) from a societal perspective. Results: Estimated national spending on CHD in 2005 was $2.52 billion. The majority of the spending was attributable to medical costs (53.3%), followed by productivity loss due to morbidity and premature death (33.6%), transportation (8.1%), and informal caregiver costs (4.9%). While medical cost was the predominant cost attribute in treating angina (74.3% of the total cost), premature death was the largest cost attribute for patients with MI (66.9%). Annual per-capita cost of treating MI, excluding premature death cost, was $3183, which is about 2 times higher than the cost for angina ($1556). Conclusions: The total insurance-covered medical cost ($1.13 billion) of CHD accounted for approximately 6.02% of the total annual NHI expenditure. These findings suggest that the current burden of CHD on society is tremendous and that more effective prevention strategies are required in Korea.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.1-7
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• 2003

This paper considers an Integrated one-vendor multi-buyer production-inventory model where the vendor manufactures multiple products In lot at Her associated finite production rates In the model. It is allowed for earth product to be shipped In lot to the buyers before the whole product production is not completed yet. Each product lot is dispatched to the associated buyer In a number or shipments. The buyers consume their products at fixed rates. The objective is to the production and shipment schedules in the Integrated system. which minimizes the mean total annual cost per unit time. The mean total annual cost consists or production setup cost inventory holding cost and shipment cost. For the model, an Iterative optimal solution procedure with shipment consolidation policy incorporated is derived. It is then tested through numerical experiments to show how efficient and effective He shipment consolidation policy is.

• Journal of Applied Reliability
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• v.8 no.3
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• pp.135-144
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• 2008

The economic life for three types of military wheeled vehicles with load capacities of 1/4, $1{\cdot}1/4$, and $2{\cdot}1/2$ tones has been evaluated on the basis of the equivalent acquisition and operating costs. The economic life of wheeled vehicles were calculated from 12 to 18 years by using the annual equivalent cost method. The equivalent cost was decided at the lowest point of the total amount of equivalent acquisition cost and operating cost. The operating cost were collected from the field data. The evaluated economic life can be very useful for deciding the total life cycle of these three types of military vehicles. The annual equivalent cost method may be also applied to other military equipments such as communication electronics, weapon systems, and other type of vehicles.

• Asian Pacific Journal of Cancer Prevention
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• v.13 no.8
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• pp.3767-3772
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• 2012

Objective: We estimated the total medical costs incurred during the 5 years following a cancer diagnosis and annual medical use status for the six most prevalent cancers in Korea. Methods: From January 1 to December 31, 2006, new patients registered with the six most prevalent cancers (stomach, liver, lung, breast, colon, and thyroid) were randomly selected from the Korea Central Cancer Registry, with 30% of patients being drawn from each cancer group. For the selected patients, cost data were generated using National Health Insurance claims data from the time of cancer diagnosis in 2006 to December 31, 2010. The total number of patients selected was 28,509. Five-year total medical costs by tumor site and Surveillance, Epidemiology, and End Results (SEER) stage at the time of diagnosis, and annual total medical costs from diagnosis, were estimated. All costs were calculated as per-patient net costs. Results: Mean 5-year net costs per patient varied widely, from $5,647 for thyroid cancer to $20,217 for lung cancer. Advanced stage at diagnosis was associated with a 1.8-2.5-fold higher total cost, and the total medical cost was highest during the first year following diagnosis and decreased by the third or fourth year. Conclusions: The costs of cancer care were substantial and varied by tumor site, annual phase, and stage at diagnosis. This indicates the need for increased prevention, earlier diagnosis, and new therapies that may assist in reducing medical costs.

• Architectural research
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• v.7 no.1
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• pp.11-18
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• 2005

In today's building industry the emphasis has been geared more towards construction, thus building maintenance and life cycle have been neglected until now. A direct result of this neglect is the rapid aging of building, which leads to more cost-effective decision making methods for the prolongation of building life span. The following study is conducted in the area of Daegu and Seoul in order to develop the estimation analysis method of the annual operation cost of the Korean high-rise condominiums for the cost-effective decision making support through mathematical and statistical analyses including the present value and standardized measurement corrections. Based on the assumption that the life expectancy of the high rise condominium is 50 years, initial cost is ￦421,212/$m^2$, and a total sum of yearly operation cost during life expectancy is ￦2,154,499//$m^2$), yearly accumulated operation cost is shown as below: $AOC=0.7097t^4-38.803t^3+806.95t^2+11045t-496.52$ ($R^2=0.98$) (Here, AOC = Accumulated Operation Cost, t = given years)

• Membrane and Water Treatment
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• v.10 no.1
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• pp.75-82
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• 2019

In a highly urbanized area, land availability is limited for the installation of space consuming stormwater systems for best management practices (BMPs), leading to the consideration of underground stormwater treatment devices connected to the stormwater pipe system. The configuration of a stormwater pipe network determines the hydrological and pollutant transport characteristics of the stormwater discharged through the pipe network, and thus should be an important design consideration for effective management of stormwater quantity and quality. This article presents a multi-objective optimization approach for designing a stormwater pipe network with on-line stormwater treatment devices to achieve an optimal trade-off between the total installation cost and the annual removal efficiency of total suspended solids (TSS). The Non-dominated Sorted Genetic Algorithm-II (NSGA-II) was adapted to solve the multi-objective optimization problem. The study site used to demonstrate the developed approach was a commercial area that has an existing pipe network with eight outfalls into an adjacent stream in Yongin City, South Korea. The stormwater management model (SWMM) was calibrated based on the data obtained from a subcatchment within the study area and was further used to simulate the flow rates and TSS discharge rates through a given pipe network for the entire study area. In the simulation, an underground stormwater treatment device was assumed to be installed at each outfall and sized proportional to the average flow rate at the outfall. The total installation cost for the pipes and underground devices was estimated based on empirical formulas using the flow rates and TSS discharge rates simulated by the SWMM. In the demonstration example, the installation cost could be reduced by up to 9% while the annual TSS removal efficiency could be increased by 4% compared to the original pipe network configuration. The annual TSS removal efficiency was relatively insensitive to the total installation cost in the Pareto-optimal solutions of the pipe network design. The results suggested that the installation cost of the pipes and stormwater treatment devices can be substantially reduced without significantly compromising the pollutant removal efficiency when the pipe network is optimally designed.

• Proceedings of the SAREK Conference
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• 2008.06a
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• pp.1117-1121
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• 2008

Recently energy consumption and $CO_2$ emission issue are important problem on international society. The present study has been conducted economic analysis considering economical value of $CO_2$ reduction effect. We analyze annual energy cost and annual $CO_2$ emission of the cogeneration system and gas boiler system in hotel. The first results shows that annual energy cost of cogeneration system (751,740,126 won) is more profitable than gas boiler system (801,128,408 won) by 6.2% (49,388,281 won). The second results shows that annual $CO_2$ emission of cogeneration system (3,297 ton) is less than gas boiler system (3,536 ton) by 6.8% (239 ton). The Economical value of $CO_2$ reduction effect is 4,773,898 won. The cost effect according to the reduction of $CO_2$ is corresponding to 9.7% of reduction cost for total energy cost. The result of this study means that $CO_2$ reduction effect is essential item in introduction and change of facility for economic analysis.

• 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.