• 제목/요약/키워드: Well Cost

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Cost Behaviors and Cost Structure of Public Hospitals in India: Analysis from the Perspective of Congestion Costs

  • MISHRA, Nidhish Kumar;ALI, Ijaz;SENAN, Nabil Ahmed Mareai;UDDIN, Moin;BAIG, Asif;KHATOON, Asma;IMAM, Ashraf;KHAN, Imran Ahmad
    • The Journal of Asian Finance, Economics and Business
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    • 제9권4호
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    • pp.315-324
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    • 2022
  • The goal of this study is to understand better the relationship between hospital bed occupancy rate and cost rigidity as a proxy for the degree of hospital bed congestion, as well as the relationship between the risk of changes in hospital bed occupancy rate and congestion cost, targeting public hospitals. As public hospitals for analysis, we selected hospital projects from the Public Enterprises Survey Reports published by the Department of Public Enterprises, Ministry of Finance, and obtained unbalanced panel data consisting of 1,505 hospitals and 15 years, totaling 12,595 hospitals and years. The analysis revealed that the risk of changes in the bed occupancy rate increases the degree of cost rigidity and leads to a decrease in the variable cost ratio; furthermore, an increase in the bed occupancy rate decreases the degree of cost rigidity and leads to an increase in the variable cost ratio. These findings suggest that although public hospitals are taking managerial actions to avoid congestion costs, congestion costs resulting from higher bed occupancy rates have not been eliminated. The regression analysis results show that even if congestion costs arise as the occupancy rate increases, they are covered by the increase in revenue associated with the increase in the occupancy rate.

Factors Clustering Approach to Parametric Cost Estimates And OLAP Driver

  • JaeHo, Cho;BoSik, Son;JaeYoul, Chun
    • 국제학술발표논문집
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    • The 3th International Conference on Construction Engineering and Project Management
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    • pp.707-716
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    • 2009
  • The role of cost modeller is to facilitate the design process by systematic application of cost factors so as to maintain a sensible and economic relationship between cost, quantity, utility and appearance which thus helps in achieving the client's requirements within an agreed budget. There are a number of research on cost estimates in the early design stage based on the improvement of accuracy or impact factors. It is common knowledge that cost estimates are undertaken progressively throughout the design stage and make use of the information that is available at each phase, through the related research up to now. In addition, Cost estimates in the early design stage shall analyze the information under the various kinds of precondition before reaching the more developed design because a design can be modified and changed in all process depending on clients' requirements. Parametric cost estimating models have been adopted to support decision making in a changeable environment, in the early design stage. These models are using a similar instance or a pattern of historical case to be constituted in project information, geographic design features, relevant data to quantity or cost, etc. OLAP technique analyzes a subject data by multi-dimensional points of view; it supports query, analysis, comparison of required information by diverse queries. OLAP's data structure matches well with multiview-analysis framework. Accordingly, this study implements multi-dimensional information system for case based quantity data related to design information that is utilizing OLAP's technology, and then analyzes impact factors of quantity by the design criteria or parameter of the same meaning. On the basis of given factors examined above, this study will generate the rules on quantity measure and produce resemblance class using clustering of data mining. These sorts of knowledge-base consist of a set of classified data as group patterns, of which will be appropriate stand on the parametric cost estimating method.

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시스템엔지니어링 기법 적용에 따른 경량전철 전기시스템의 생명주기비용 절감에 관한 연구 (A study on the Life Cycle Cost reduction of the LRT's power systems based on the advanced Systems Engineering)

  • 최원찬;배준호;허재훈;주지영
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2011년도 춘계학술대회 논문집
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    • pp.1434-1439
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    • 2011
  • The purpose of this study is based on the optimize the system life cycle cost apply to the advanced systems engineering techniques consideration thought to the system life cycle for the power system which is the one of the major component of the light rail transit system. Generally, the systems engineering techniques apply to the LRT's power systems are not optimize the whole life cycle cost of the power systems because systems engineering management activities are concentrate in performing the key-technology oriented at the construction stage of the dedicated power systems for light rail transit. Through this study, All the stakeholders can be utilize a this advanced systems engineering techniques which is fully considered the life cycle cost through the considering in whole system life cycle (such as concept, design, operation, maintenance and dispose stage as well as construction stage) and adopted by KSX ISO/IEC 15288 system life cycle processes.

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태안시범바다목장해역내 인공어초사업의 경제적 효과에 대한 연구 (A Study on the Economic Effectiveness of the Artificial Fish Reef Project in the Tae-an Marine Ranching)

  • 최종두
    • 수산경영론집
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    • 제44권3호
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    • pp.103-109
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    • 2013
  • This paper analyzed that the economic effectiveness of the artificial fish reef project in the Tae-an Marine Ranching. Benefit-cost(B/C) model used to indicate the effects of economic valuation. B/C model is based on the sub-models which are Benefit Cost Ratio(BCR), Net Present Value(NPV) and Internal Ration of Return(IRR). First, the Sum of Incremental Benefit and Cost for total vessel by year in Artificial Fish Reef Area(AFRA) estimated 2,381 million won. And then, using 5.5% discounting rates and the survey data, the sub-models showed economically feasible in the all of analysis and analyzed the results as follows. BCR is 2.66, NPV is 28,014million won, and IRR is 22.78%. In conclusion, these results indicated that the artificial fish reef project in Tae-an Marine Ranching would be increase the income of fishermen as well as fish biomass.

휴대폰용 카메라 렌즈 시스템의 공차최적설계 (Tolerance Analysis and Optimization for a Lens System of a Mobile Phone Camera)

  • 정상진;최동훈;최병렬;김주호
    • 한국CDE학회논문집
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    • 제16권6호
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    • pp.397-406
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    • 2011
  • Since tolerance allocation in a mobile phone camera manufacturing process greatly affects production cost and reliability of optical performance, a systematic design methodology for allocating optimal tolerances is required. In this study, we proposed the tolerance optimization procedure for determining tolerances that minimize production cost while satisfying the reliability constraints on important optical performance indices. We employed Latin hypercube sampling for evaluating the reliabilities of optical performance and a function-based sequential approximate optimization technique that can reduce computational burden and well handle numerical noise in the tolerance optimization process. Using the suggested tolerance optimization approach, the optimal production cost was decreased by 30.3 % compared to the initial cost while satisfying the two constraints on the reliabilities of optical performance.

다중이상원인하의 경제적 품질비용 정책결정 (Determination of Quality Cost Policy under the Multiple Assignable Causes)

  • 김계완;박지연;윤덕균
    • 한국산업경영시스템학회:학술대회논문집
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    • 한국산업경영시스템학회 2002년도 춘계학술대회
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    • pp.1-8
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    • 2002
  • At present, company has to produce a product that consumer like with a competitive price, a good quality, and a fitting time to supply. Process control and qualify control are very important to supply with a product uniformly and inexpensively In this paper, the characteristic of product quality is monitored by control chart during the machining process and construction of quality control cycle is considered to divide into two types in this case that different assignable causes lead to shifts having different magnitudes. Then we are intended to find a process shift magnitude which has economical quality cost policy and are considered to quality cost functions to find a process shift magnitude. Those costs are categorized into the well-known categories of prevention, appraisal, and internal failure and external failure. This paper ends with numerical examples that demonstrate the usefulness of the model.

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동적 이용률을 고려한 수소충전소 사업의 경제성 분석 (An Economic Analysis of the Hydrogen Station Enterprise Considering Dynamic Utilization)

  • 김봉진
    • 한국수소및신에너지학회논문집
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    • 제28권1호
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    • pp.47-55
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    • 2017
  • This paper deals with the after-tax economic feasibility analysis of the hydrogen fueling station considering dynamic utilization. We selected an off-site hydrogen station in which the hydrogen is supplied by a central by-product hydrogen plant as a case study. Also, we made some sensitivity analysis by changing input factors such as the discount rate, the hydrogen station construction cost, the hydrogen demand and the hydrogen sale price. As a result, the hydrogen station will not be economical in 2020 due to the relatively high price of the hydrogen station construction cost and the low price of hydrogen sale price. In order to realize the economic feasibility of the hydrogen station in the early stage of the hydrogen economy, the subsidies on the annual operating cost as well as the construction cost are needed.

자동차보험 환자와 건강보험 환자의 의료 이용 양상 분석 - 일개 대학병원을 대상으로 - (An Analysis of Automobile Insurance and Health Insurance Patients' Uses of the Medical Services)

  • 유형식;박태섭
    • 대한예방한의학회지
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    • 제11권2호
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    • pp.175-188
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    • 2007
  • The purpose of this study was to confirm the reasons why the medical institutes avoid the traffic accident victims covered by the automobile insurance. For this purpose, a university hospital was sampled to comparatively analyze days of hospitalization, average medical cost per day, ratio of optional medical cost, average cost by injury/age group/department, distribution of MRI photographing, etc., between health insurance and automobile insurance patients. Accordingly, in order to assure automobile patients of a reasonable rights of medical services, it is deemed necessary to arrange a fair system encouraging them reduce the days of their hospitalization as well as a complementary mechanism preventing unnecessary expensive medical services due to the hazard.

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정전비용을 고려한 신재생에너지원의 최적 연계 용량 및 연계 위치 결정에 관한 연구 (Determining Optimal Installed Capacity and the Interconnected Bus of Renewable Energy Sources Considering the Cost of Energy Not Supplied)

  • 김성열;이성훈;김진오
    • 전기학회논문지
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    • 제61권10호
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    • pp.1393-1398
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    • 2012
  • Due to environmental regulation and technical improvements, renewable energy sources (RES) are increasingly penetrated and operated in power systems. Clean energy technologies have become cost-competitive with conventional power systems, and in the near future, the generation cost of RES is expected to approach grid parity. In this situation, it should be considered an extraordinarily important issue to be maximized resulting in utilization of RES as well as to develop technologies for efficiency improvement of RES. Therefore, in this paper, the method for determining an optimal installed capacity and interconnected location of RES is proposed in order to minimize the cost of energy not supplied, which can contribute to improve distribution reliability.

Waypoint Planning Algorithm Using Cost Functions for Surveillance

  • Lim, Seung-Han;Bang, Hyo-Choong
    • International Journal of Aeronautical and Space Sciences
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    • 제11권2호
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    • pp.136-144
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    • 2010
  • This paper presents an algorithm for planning waypoints for the operation of a surveillance mission using cooperative unmanned aerial vehicles (UAVs) in a given map. This algorithm is rather simple and intuitive; therefore, this algorithm is easily applied to actual scenarios as well as easily handled by operators. It is assumed that UAVs do not possess complete information about targets; therefore, kinematics, intelligence, and so forth of the targets are not considered when the algorithm is in operation. This assumption is reasonable since the algorithm is solely focused on a surveillance mission. Various parameters are introduced to make the algorithm flexible and adjustable. They are related to various cost functions, which is the main idea of this algorithm. These cost functions consist of certainty of map, waypoints of co-worker UAVs, their own current positions, and a level of interest. Each cost function is formed by simple and intuitive equations, and features are handled using the aforementioned parameters.