• Title/Summary/Keyword: Total annual cost

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On the Cost Analysis of Container Physical Distribution System in Pusan Port (부산항 컨테이너 물류 시스템의 비용분석에 관하여)

  • 박창호;이철영
    • Journal of the Korean Institute of Navigation
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    • v.15 no.3
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    • pp.13-24
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    • 1991
  • This paper aims to determining the optimal capacity of Pusan port in view point of Container Physical Distribution cost. It has been established a coast model of the container physical distribution system in Pusan port is composed of 4 sub-systems and in-land transport system. Cargo handling system, transfer & storage system and in-land transport system, and analyzed the cost model of the system. From this analysis, we found that the system had 7 routes including in-land transport by rail or road and coastal transport by feeder ship between Pusan port and cargo owner's door. Though railway transport cost was relatively cheap, but, it was limited to choose railway transport routes due to the introducing of transport cargo allocation practice caused by shortage of railway transport capacity. The physical distribution ost for total import & export container through Pusan port was composed of 4.47% in port entring cost, 12.98% in cargo handling cost, 7.44% in transfer & storage cost and 75.11% in in-land transport cost. Investigation in case of BCTOC verified the results as follows. 1) The optimal level of one time cargo handling was verified 236VAN (377TEU) and annual optimal handling capacity was calculated in 516, 840VAN(826, 944TEU) where berth occupancy is $\rho$=0.6 when regardless of port congestion cost, 2) The optimal level of one time cargo handling was verified 252VAN (403TEU) and annual optimal handling capacity was calculated in 502, 110VAN (803, 376TEU) where berth occupancy is $\rho$=0.58 when considering of port congestion cost.

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The Correlations among the Categorized Quality Cost Factors on Small & Medium-sized Enterprises (국내 중소 제조기업의 품질비용 행태에 관한 실증 연구)

  • Koo, Il-Seob;Lee, Sang-Choon;Jang, Kwang-Soon;Kim, Yong-Bum
    • Journal of the Korea Safety Management & Science
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    • v.13 no.2
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    • pp.185-193
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    • 2011
  • The successful and sustainable growth of SMEs depends on their ability of strengthen their competitiveness in quality and cost and service more than anything else as a fundamental of operation. Among these key competitive factors of SMEs, quality is the most critical factor in manufacturing business fields. There are many different ways to improve the quality performance but it needs proper management decision to choose the best way what can maximize outputs with minimum inputs. And it needs effective measurement methods and some indicators to analysis the quality performance properly. The quality cost is one of the simplest key indicators to measure the quality performance and the effectiveness of quality related management decisions. In this study, through survey on local SMEs, we found that their average annual quality cost ratio versus turnover - total amount of annual quality cost divided by annual turnover - is around 3.69% excluded some SME's performances what have different quality control measures with others. And we found some results what corresponded with the early studies on the correlations between those categorized quality costs factors and some discrepancies between some of the literature model and the early case study results as follows. There were negative correlations between the Prevention costs and the External failure costs, and the Appraisal costs and the External failure costs, and there was positive correlation between the Appraisal costs and Internal failure costs same as early studies. But, we couldn't found any strong negative correlations between the Cost of control - Prevention costs & Appraisal costs - and the Cost of Failure of control - Internal & External failure costs -.

Study on The Qptimization of Operating Conditions of batch-type Grain Dryer (평면식 건조기의 적정작업조건 설정에 관한 연구)

  • 박경규;정창주
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.16 no.4
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    • pp.3600-3610
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    • 1974
  • Experimental work of batch-type dryer was conducted to develop its optimurm operating conditions by analyzing the major factors which affect the drying performance. A laboratory batch-type dryer was constructed and tested for various levels of heated-air rates, and depths of grain deposit. Tong-il rice variety having the initial moisture content of approximaely 23 per cent in wet basis was used for the experiment. The criteria selected for establishing the optimum operating condition were the drying performance rate, the thermal efficiency, and the operational cost of the dryer. The results of the study are summarized as follows: 1. The performance rate of dryer for a specific operating condition was defined as total amount of material dried per hour when the moisture content of grains in the upperlayer reaches to 16 per cent in wet basis. The optimum operating conditions as viewed in the rate of drying performance could be justified by functional realtionship between the depth of grain deposit and air flow rate. In other words, there was a definite depth of grain deposit for a given air-rate which make the dryer performance maximum. The optimum grain depth for the batch-type dryer with 3.3㎡ loading area and with the attached axial fan was about 35cm. 2. The thermal efficiency for the dryer was evaluated by the ratio of the latent heat required to evaporate the grain moisture to the heat input required to raise the ambient air-temperature to 40 degree centigrade. The optimum operating condition as viewed in term of thermal efficiency analyzed was that grater depth and lower air flow-rate may be desirable. This condition is contracted with the optimum condition as viewed by the dryer performance rate. 3. The annual operating cost of batch-type dryer was analyzed for different annual hour of use and for different operation condition. The optimum condition as viewed in terms of operating cost was almost identical to one as viewed in terms of dryer performance rate. Therefore, the most economical use of batch-type dryer for the same annual operating hours can be obtained when the dryer operated in the condition of maximum dryer performance rate. Increasing the annual operating hour may be desirable to cut down the dryer operation cost, since the annual hour of dryer use is much sensitive to the operating cost than any peractical conditions of dryer operation. 4. The most desirable operational condition as justified by combining all the criteria, dryer performance rate, thermal efficiency and annual operating cost, could be concluded to operate the dryer in the condition of maximum performance rate. The condition in general is identical to the lowest operation cost for a given annual operating hour.

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The Cost Reduction Effect of Gridable Sea Water Reverse Osmosis Desalination Plant (전력망 연동형 해수담수화 플랜트의 운영비용 절감효과)

  • Lee, Jong-Hyun;Choi, Jung-In;Bae, Si-Hwa;Ko, Won-Suk
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.25 no.1
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    • pp.64-69
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    • 2011
  • A novel concept of the gridable desalination plant is to provide an operation management to enable an electricity plant operation cost reduction. Adjusting recovery rate responded to electricity price, an electricity plant operation cost can be saved. To show a suggested approach, the data of 10 [MIGD](Million Imperial Gallons per Day) SWRO testbed are used. The result shows that total cost reduction rate is calculated about 1.6[%] of annual total electric plant operation cost.

A Study on the Economic Analysis of Cooling-Heating System Using Ground Source Heat in a public library (공공도서관에 지열시스템 적용시 경제성에 관한 연구)

  • Choi, Chang-Ho
    • Journal of the Korean Solar Energy Society
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    • v.32 no.1
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    • pp.56-66
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    • 2012
  • This study evaluated the economic benefits by comparing Cooling-Heating System with the existing system in the public library. The building's annual energy consumption was measured by adding the figures of the absorber chillers, the air conditioners and heaters in the building. The total amount of annual energy consumption was 143.51RT in air-conditioning and 83.66RT in heating. So, We made the capacity of geothermal heat pumps three 50RTs in order to check up this system. In order to estimate each construction and equipment cost and to evaluate economical efficiency, LCC(Life Cycle Cost) method was used and the service life of the building was sixty years. The result of analysis was that the geothermal cooling-heating system was more efficient than the existing system in public library.

A Statistical Review on States Relating to Operation of Radiotherapy Equipments in Seoul National University Hospital (서울대학교병원의 방사선치료장비 운용 통계에 관한 고찰)

  • Park, Heung-Deuk;Kim, Wan-Sun;Ahn, Hee-Yong
    • The Journal of Korean Society for Radiation Therapy
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    • v.6 no.1
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    • pp.21-30
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    • 1994
  • To analyze the states of operation of radiotherapy facilities in the period from 1979 to 1992 and to get the base for efficient operation and maintenance of the radiotherapy facilities. Data on the records of annual number of patients operated by each facility; span of suspension of operation, the cost and span of repairing, and parts of oui-of-order in the period from 1979 to 1992 were analyzed. We made a comparative analysis of average annual number of patients, annual span of the suspension of operation, annual cost ratio of repair, span of repairing per break down, and total number of broken parts. We could get following annual number of patients(day), span of the suspension of span ($\%$)(day). annual cost ratio fo repair($\%$), span of repairing per break down(Min-Max, day), and number of broken parts from this analysis. 1. Cobalt unit (Picker C-9) : 10,389(43), 0.4(0.83) 0.07, 1hr-2, 3 2. Linac(Clinac 6/100) : 11,492(50), 4.0(9.57), 0.98, 1hr-30, 12 3. Linac(Clinac 18) : 9.115(44), 12.7(30.5), 3.54, 1hr-108. 41 4. Simulator(Picker Ther-X) : 2,017(9), 0.51(1.3), 0.24, 1hr-2, 7 5. RTP(Capentec Cap-plan) : 528(2), 0.4(0.93), - hrs, - The conclusion obtained from statistical analysis above are as follows. 1. The rate of operation of Cobalt unit($99.6\%$) was higher that of Linear Accelerators ($87.3\%$). The rates operation of Simulator and RTP computer were very close to that of Cobalt unit. 2. In order to raise up the working ratio of accelerator. it is desirable that we keep our engineer to learn a sufficient technical skill and the equipment agent to stock sufficient spare parts. 3. In order to maintain Linear Accelerator efficiently, it is desirable to have annually $2.3\%$ of the purchase price of equiment for repairing.

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Optimum Design of Waste Heat Boiler with Water Tube and Three Drum (3드럼 수관식 폐열보일러의 최적설계)

  • Lee, Kwan-Jong;Han, Jin-Ho
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.18 no.12
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    • pp.992-998
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    • 2006
  • This study is to optimize design parameters for waste heat recovery boiler with water tube and three drum. The design optimization considered here is to find the most economic dimension of the boiler considered which results in a minimum cost in producing a unit amount of steam per given period of operation. For this purpose, optimize design have to determine what are the main parameters of affecting the total cost of producing a unit amount of steam which is comprised of manufacturing cost of the boiler, operating cost of the fan etc.

The Impact of Operating Cash Flows on Financial Stability of Commercial Banks: Evidence from Pakistan

  • ELAHI, Mustahsan;AHMAD, Habib;SHAMAS UL HAQ, Muhammad;SALEEM, Ali
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.11
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    • pp.223-234
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    • 2021
  • This study aims to examine whether operating cash flows influence banks' financial stability in Pakistan. The study employed annual panel data collected from annual reports of 20 commercial banks listed on the Pakistan Stock Exchange for the year 2011 to 2019. Free cash flow yield was taken as the dependent variable while cash flow ratio was selected as the independent variable, and net interest margin, income diversification, asset quality, financial leverage, the cost to income ratio, advance net of provisions to total assets ratio, capital ratio, financial performance, breakup value per share and bank size were taken as control variables. The study performed ordinary least square technique, random and fixed effects models, Hausman test, Lagrange multiplier test, descriptive and correlation analysis. Results showed that operating cash flows and net interest margin significantly and positively influenced banks' financial stability while the cost to income ratio and advances net of provisions to total assets ratio significantly and negatively associated with banks' financial stability. To improve financial stability, banks should become more cost-effective and enhance their liquidity levels by lowering lending activities. In the future, it would be useful to compare commercial and investment banks, also Islamic and conventional banks in the same research setting.

Effects of Reactor Type on the Economy of the Ethanol Dehydration Process: Multitubular vs. Adiabatic Reactors

  • Yoo, Kee-Youn
    • Korean Chemical Engineering Research
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    • v.59 no.3
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    • pp.467-479
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    • 2021
  • Abstract: A kinetic model was developed for the dehydration of ethanol to ethylene based on two parallel reaction pathways. Kinetic parameters were estimated by fitting experimental data of powder catalysts in a lab-scale test, and the effectiveness factor was determined using data from pellet-type catalysts in bench-scale experiments. The developed model was used to design a multitubular fixed-bed reactor (MTR) and an adiabatic reactor (AR) at a 10 ton per day scale. The two different reactor types resulted in different process configurations: the MTR consumed the ethanol completely and did not produce the reaction intermediate, diethyl ether (DEE), resulting in simple separation trains at the expense of high equipment cost for the reactor, whereas the AR required azeotropic distillation and cryogenic distillation to recycle the unreacted ethanol and to separate the undesired DEE, respectively. Quantitative analysis based on the equipment and annual energy costs showed that, despite high equipment cost of the reactor, the MTR process had the advantages of high productivity and simple separation trains, whereas the use of additional separation trains in the AR process increased both the total equipment cost and the annual energy cost per unit production rate.

Redistribution Inventory Systems with Service Level (서비스수준을 고려한 재분배 재고시스템)

  • 권희철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.33
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    • pp.153-160
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    • 1995
  • This paper presents the parallel-type inventory structure using an order-up-to level inventory control system for analyzing the approximation of the expected units backordered and the measure of service. The rate of total expected backorders which is the measure of disservise, is given by dividing the improved units of total expected backorder into the total demand during an order cycle. the average annual total cost in system is obtained by considering the results. Total backorder model for the system without redistribution and the system with redistribution is described.

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