• Title/Summary/Keyword: Utility cost

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A Systematic Review of Economic Analysis on Idiopathic Short Stature (특발성 저신장의 경제성 평가 연구 경향 분석: 체계적 문헌고찰)

  • Lee, Boram;Kwon, Chan-Young;Jang, Soobin
    • The Journal of Pediatrics of Korean Medicine
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    • v.35 no.2
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    • pp.1-10
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    • 2021
  • Objectives We aimed to examine health-related economic analysis of available interventions on idiopathic short stature (ISS). Methods Eight studies were reviewed from English, Korean, and Chinese databases which were published up to December 24, 2020. Effectiveness, utility, and cost data were extracted from the studies and descriptive analysis of the individual studies was conducted Results Five studies were chosen. In the two economic evaluation studies, the incremental cost-effectiveness ratio (ICER) of growth hormone (GH) treatment was presented by performing cost-effectiveness analysis based on the deterministic decision tree approach for the GH and untreated group. Final adult height and direct medical costs were analyzed as effectiveness and cost outcomes. In 1 review article, an ICER of GH was presented based on systematic review on the effects of the GH treatment. In the two clinical trials, the effectiveness and cost of the 12 months Oriental medicine combination treatment were presented in comparison with the GH treatment alone. There were no literatures that provided utility data of available intervention on ISS. Conclusions The results of this study will be used as basic data for the economic analysis of Oriental medicine treatment on ISS in the future.

Economic evaluation of a weekly administration of a sustained-release injection of recombinant human growth hormone for the treatment of children with growth hormone deficiency (소아 성장호르몬결핍증 치료에 사용되는 성장호르몬 서방형 주사제의 경제성 평가)

  • Kang, Hye-Young;Kim, Duk Hee;Yang, Sei-Won;Kim, Yoon-Nam;Kim, Miseon
    • Clinical and Experimental Pediatrics
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    • v.52 no.11
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    • pp.1249-1259
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    • 2009
  • Purpose:From a societal perspective, we evaluated the cost-effectiveness of a novel sustained-release injection of recombinant human growth hormone (GH) administered on a weekly basis compared with that of the present daily GH injection for the treatment of children with GH deficiency. Methods:Health-related utility for GH therapy was measured based on the visual analogue scale. During July 2008, caregivers of 149 children receiving GH therapy form 2 study sites participated in a web-based questionnaire survey. The survey required the caregivers to rate their current subjective utility with daily GH injections or expected utility of weekly GH injections. Because there was no difference in the costs of the daily and weekly therapies, for the purposes of this study, only drug acquisition costs were considered. Results:Switching from daily to weekly injection of GH increased the utility from 0.584 to 0.784 and incurred an extra cost of 4,060,811 Korean won (KW) per year. The incremental cost-utility ratio (ICUR) for a base case was 20,305,055 KW per quality-adjusted life year (QALY) gained. Scenario analyses showed that the ICUR ranged from 15,751,198 to 25,489,929 KW per QALY. Conclusion:The ICUR for a base case and worst case scenario analyses ranged from 0.85 to 1.37-times per capita gross domestic product of Korea, which is considered to be within the generally accepted willingness-to-pay threshold. Thus, it is concluded that switching from daily to weekly injection of GH would be cost-effective.

Utility Design for Graceful Degradation in Embedded Systems (우아한 성능감퇴를 위한 임베디드 시스템의 유용도 설계)

  • Kang, Min-Koo;Park, Kie-Jin
    • Journal of KIISE:Computer Systems and Theory
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    • v.34 no.2
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    • pp.65-72
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    • 2007
  • As embedded system has strict cost and space constraints, it is impossible to apply conventional fault-tolerant techniques directly for increasing the dependability of embedded system. In this paper, we propose software fault-tolerant mechanism which requires only minimum redundancy of system component. We define an utility metric that reflects the dependability of each embedded system component, and then measure the defined utility of each reconfiguration combinations to provide fault tolerance. The proposed utility evaluation process shows exponential complexity. However we reduce the complexity by hierachical subgrouping at the software level of each component. When some components of embedded system are tailed, reconfiguration operation changes the system state from current faulty state to pre-calculated one which has maximum utility combination.

Optimal Operation of Motor/Turbine Processes in Utility Plant (유틸리티 플랜트 모터/ 터빈 공정의 최적운전)

  • Oh, Sanghun;Yeo, Yeong Koo
    • Korean Chemical Engineering Research
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    • v.45 no.3
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    • pp.234-241
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    • 2007
  • To achieve safe operation and to improve economics it is imperative to monitor and analyse demand and supply of utilities and to meet utility needs in time. The main objective of motor/turbine processes is to manipulate steam and electricity balances in utility plants. The optimal operation of motor/turbine processes is by far the most important to improve economics in the utility plant. In order to analyse motor/turbine processes, we need steady state models for steam generation equipments and steam distribution devices as well as turbine generators. In addition heuristics concerning various operational situations are required. The motor/turbine optimal operation system is based on utility models and operational knowledgebase and provides optimal operating conditions when the amount of steam demand from various steam headers is changed frequently. The optimal operation system also produces optimal selection of driving devices for utility pumps to reduce operating cost.

Performance Evaluation Model for Future Weapon Systems (미래무기체계의 성능평가모형)

  • 김의환;최규명;정창모;김종윤
    • Journal of the military operations research society of Korea
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    • v.23 no.2
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    • pp.15-24
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    • 1997
  • In this paper we suggested a performance evaluation model for future weapon systems. Weapon Performance Index(WPI) model transform the characteristics of alternatives as indices. We can easily obtain WPIs of alternatives with the model. The highest WPI recommended as the best solution. The performance elements in hierachy for future weapon systems are determined by systems engineering procedure. Priorities in hierachy can be determined through survey of experts engineering procedure. Priorities in hierachy can be determined through survey of experts and statistical analysis. Utility function is formulated as a probability model and utility score is predicted on the basis of historical data about the same category of weapon systems in the world. WPI is calculate from sum of product of priorities and utility scores. The model can be applied to trade-off analysis, cost and effectiveness analysis, war game model.

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Bandwidth-Efficient Precoding Scheme for Downlink Smart Utility Networks

  • Kim, Byung Wook
    • Journal of Korea Multimedia Society
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    • v.17 no.8
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    • pp.1012-1019
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    • 2014
  • The emerging smart utility networks (SUN) provide two-way communications between smart meters and smart appliances for purpose of low power usage, low cost, and high reliability. This paper deals with a bandwidth-efficient communication method based on the hidden pilot-aided scheme using a precoder in downlink SUN suitable for high-rate multimedia applications. With the aid of the design of a precoder and a superimposed hidden pilot, it is possible to estimate the channel without loss of bandwidth. In the channel estimation procedure, the inevitable data interference, which degrades the performance of channel estimation, can be reduced by the precoder design with an iterative scheme. Computer simulations show that the proposed scheme outperforms the conventional method in terms of achievable data rate, especially when a large number of subcarriers are employed.

Utility of Structural Information to Predict Drug Clearance from in Vitro Data

  • Lee, So-Young;Kim, Dong-Sup
    • Interdisciplinary Bio Central
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    • v.2 no.2
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    • pp.3.1-3.4
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    • 2010
  • In the present research, we assessed the utility of the structural information of drugs for predicting human in vivo intrinsic clearance from in vitro intrinsic clearance data obtained by human hepatic microsome experiment. To compare with the observed intrinsic clearance, human intrinsic clearance values for 51 drugs were estimated by the classical methods using in vivo-in vitro scale-up and by the new methods using the in vitro experimental data and selected molecular descriptors of drugs by the forward selection technique together. The results showed that taking consideration of molecular descriptors into prediction from in vitro experimental data could improve the prediction accuracy. The in vitro experiment is very useful when the data can estimate in vivo data accurately since it can reduce the cost of drug development. Improvement of prediction accuracy in the present approach can enhance the utility of in vitro data.

An Exploratory Study for the Telecommunications Service Failure Cases in South Korea (정보통신 서비스의 실패 요인: 한국의 텔레콤 서비스시장에서의 실패사례연구)

  • 안재현;권재원;김명수;이동주;이상윤;한상필
    • Journal of the Korean Operations Research and Management Science Society
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    • v.27 no.3
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    • pp.115-133
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    • 2002
  • In this paper, 15 South Korean telecommunications service failure cases were analyzed. Through the in-depth case study, 8 factors were found to be the major causes contributing to the telecommunications service failure. They were (1) ineffective marketing, (2) poor demand forecasting due to misjudgment of customer preference, (3) failure to satisfy technical specifications, (4) loss of cost advantage due to the price cut of competing services or new entry with lower price, (5) loss of utility advantage due to the increased utility of competing services or new entry with higher utility (6) decrease of market attractiveness due to change of customer preference, (7) impact of government policy, and (8) insufficient or low quality of contents. Additional analysis was done to derive managerial implications to the new telecommunications service development strategy. The findings from the paper will provide valuable Insight to the successful Implementation of new service development and service provisioning processes.

Profit Sharing Model in Product-Service System (제품-서비스 통합시스템(Product-Service System)에서의 수익분배모형)

  • Kim, Jin-Min;Park, Jin-Soo;Park, Kwang-Tae;Kim, Kwang-Jae;Hong, Yoo-Suk
    • Journal of the Korean Operations Research and Management Science Society
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    • v.36 no.4
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    • pp.81-89
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    • 2011
  • In recent business environments, the competition among firms is shifting from the competition based on individual firm only to the competition based on alliance of firms. This is because it is not easy for a firm to perform all functions which consumers want. Thus, it is more effective to combine core competencies of different firms based on a strategic partnership. It is essential to establish a strategic partnership and this strategic partnership is a key success factor in PSS(Product-Service System) which combines products and services. In this paper, we propose a profit sharing model for PSS partnership. We first analyze customer's utility using Cobb-Douglas utility function and then propose the PSS profit sharing ratio considering functionalities and cost structures based on the combination ratio of PSS. This paper helps firms to develop partnership strategies for PSS.

Operationg Characteristics of 50kW Utility Interactive Photovoltaic System (목포대학교 기숙사 30[kW]급 태양광발전시스템 발전특성)

  • Moon, Chae-Joo;Lim, Joung-Min;Cheang, Eui-Heang;Park, Sang-Jin;Park, Gui-Yeol
    • 한국태양에너지학회:학술대회논문집
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    • 2008.11a
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    • pp.53-56
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    • 2008
  • A photovoltaic panel is a device that, through the photovoltaic effect, converts luminous energy into electric energy. Photovoltaic generation system used infinity of solar energy, cost of fuel is needless and there in no air pollution or waste occurrence. This paper summarizes the results of these efforts by offering a photovoltaic system structure in 30[kW] large scale applications installed in Mokpo National University dormitory roof. The status of photovoltaic system components, are inter-connection and safety equipment monitoring system will be summarized as this article. This describes configuration of utility interactive photovoltaic system which generated power supply for dormitory. In this paper represent 30[kW] utility photovoltaic system examination result.

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