• Title/Summary/Keyword: benefit function

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Development of a System Dynamics Model For Estimating the Volume of Forest Resources and Function of Public Benefit (산림자원 및 산림의 공익기능량 추정을 위한 시스템다이내믹스 모형 개발)

  • Cho, Yoon-Sook
    • Korean System Dynamics Review
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    • v.15 no.3
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    • pp.5-36
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    • 2014
  • The purpose of this paper is to develop a System Dynamics model for estimating the volume of forest resources in the future and simulating the volume of function of public benefit linked to forest resources in dynamic manner. Also it is to analyze the impact when the volume of forest land conversion is controlled by policy using the SD model. The analysis was done at nation-wide for the simulation period 2000 to 2040. Estimated forest area was 6.2 million ha and estimated growing stock was $4.7\;billion\;m^3$ in 2040 from the future forecast without policies. Changing of forest resources, 13.9 billion tons of forest-ground-water storage was estimated, $1.8\;million\;m^3$ of erosion control of forest was estimated and 377 million tons of $CO_2$ absorption was estimated. As a result of simulation with two alternatives, forest area was less reduced and growing stock was bigger than do nothing policy. Also, function of public benefit reflected by changes of forest resources was enhanced. This study contributes to estimate the quantitatively measured volume of forest resources and function of public benefit over the 30 years in Korean forest land in scientific way. Using this SD model, decision maker would develop forest land policies more delicately for deserving forest resources and increasing the volume of function of public.

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Empirical Analysis on the Shortcut Benefit Function and its Factors for Triple Database (트리플 데이터베이스 단축 경로 이득 함수와 구성 인자 실험 분석)

  • Kang, Seungseok;Shim, Junho
    • The Journal of Society for e-Business Studies
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    • v.19 no.1
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    • pp.131-143
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    • 2014
  • A triple database consisting of a number of three-column tables require high cost of query processing, whereby building a shortcut is known as an effective way to reduce the cost. It is important to figure out what shortcuts needs to be selectively built. Most shortcut selection algorithms make use of a benefit model that considers the query frequency. However they work poor to reflect the database update. In this paper, we consider a benefit model for triple databases. The model considers not only the profit of query response times but also the building and maintenance costs of the shortcuts. We apply the model to design a benefit function which can be plugged in a greedy-based shortcut selection algorithm. We perform the empirical experiments on a real-world dataset and analyze the effect of each factor employed in the benefit function.

Social Awareness on the Function of Public Benefit of Agriculture and Rural Areas (농업.농촌의 공익기능에 대한 사회적 인식 연구)

  • Hwang, Jeong-Im;Kim, Eun-Ja;Rhee, Sang-Young
    • Journal of Agricultural Extension & Community Development
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    • v.16 no.4
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    • pp.967-992
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    • 2009
  • The purpose of this study is to segment the social awareness on the function of public benefit of agriculture and rural areas by socio-economic and action/attitude characteristics, and to identify the influential variables in social awareness. The nationwide survey of 1,200 adults aged over 20 was conducted, and the data was analyzed by PASW statistics 17.0. One of the awareness variables was the degree of the consent to the preservation of the public beneficial function. This variable was segmented by the interest on related information, the criteria of buying agricultural products, occupation and age. And the other awareness variable was the willingness to pay for the preservation of the public beneficial function. This variable was segmented by the education, occupation, income and the experience of living in rural areas. According to the results, some suggestions for improving the social awareness on the public beneficial function of agriculture and rural areas were discussed.

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A Cost-benefit Analysis of Developing Project for Lime Mineral on the Basis of Case Study (석회석광산 개발사업의 비용-편익분석 -사례 중심으로-)

  • Kwack, Tae-Won;Kim, Hong-Kyun
    • Environmental and Resource Economics Review
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    • v.15 no.4
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    • pp.713-740
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    • 2006
  • In this paper, we examine what factors should be considered in cost-benefit analysis of a resource-developing project as cos and benefit item. According to this study, the reduction in forest product value and the reduction in function to clean air pollution should be included as a environmental cost. However, the reduction in recreation function and function in cleaning water need not to be included. We also calculated a cost-benefit of developing project for lime mineral of A company by applying these factor just mentioned. This paper concluded that the net benefit of this project is positive and the range of the value is from 689,900million won to 1,784,000million won.

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Estimation of Domestic Water Supply Benefit Using Demand Function Approach (수요함수 접근법을 이용한 생활용수 공급편익 산정)

  • Yeo, Kyu Dong;Yi, Choong Sung;Kim, Gil Ho;Lee, Sang Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.4B
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    • pp.233-242
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    • 2012
  • In the past, the domestic water supply benefit of dam has been estimated by replacement dam cost approach. But it is logically inappropriate that we use the second priority dam as a replaced facility. Therefore, this study aims to suggest the estimation method of the domestic water supply benefit by using demand function, which is deduced from Willingness-To-Pay (WTP) of consumers. For this purpose, a survey concerning the marginal WTP is carried out according to the change of water use amount used, targeted 1,000 households in metropolitan area. And by using the marginal WPT, we estimated the demand function of a family. Finally, the monthly benefit equation is derived. The approach is demonstrated and discussed for an example, the Song-Li-Won dam project which is now renamed Young-Ju dam. From the example study, the total benefit for the durable years (50 years), was about 90 billion won. The method proposed herein is expected to be practical and useful in the economic analysis of the domestic water supply project including dam construction, as well as in further studies.

Effects Analysis of Governmental Research Buildings by the Main Components and Frame Repair Activities (공공 연구원 건축물의 대수선에 따른 효과분석)

  • Lee, Kang-Hee;Chae, Chang-U
    • Journal of the Korean Institute of Educational Facilities
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    • v.26 no.6
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    • pp.29-37
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    • 2019
  • The research institute has a function to get the research outcome through the various experiments, data collection and analysis. Therefore, research building is important to keep the research condition or experiment environment. But buildings would be deteriorated and leaded into the deterrence of research. Maintenance is planned to protect the research building condition through various general repair or heavy repair. The heavy repair is generally conducted in massive repair scope or main components preparation. In this paper, it aimed at analyzing the effect of the massive or main components repair with inputted cost and its resulted output. In order to analyze the effect of a massive repair, it used the Benefit/Cost analysis and sensitivity analysis. Results of this study are as follows : The benefit/cost analysis shows that research building whose researcher continuously live and study has good effect. On the contrary, pace of the the experimental function is not good effect in benefit/cost analysis. But the experimental function is indispensible to get the research outcom for the research goal. Therefore, the experimental function will be planned to repair and get the historical repair data because the proper repair time would be prepared to cut down the repair cost.

A Study on the University Students′ Benefits Sought and the Use of Information Sources on the Hair Care Cosmetics (대학생의 모발화장품 추구혜택과 정보원 활용)

  • 권태신;김용숙
    • Journal of the Korean Society of Costume
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    • v.50 no.7
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    • pp.97-111
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    • 2000
  • The purpose of this study were to segment the hair care cosmetics market according to the benefits sought, to categorize the information sources on the hair care cosmetics, and to characterize the profiles of the segmentized groups of university students. Self-administered questionnaires were distributed to 457 university students in Chonbuk province from Jul. 10 to Jul. 21, 1999. Frequencies and percentages were calculated, and factor analysis, cluster analysis, one-way ANOVA, and $\chi$$^2$-test were used. The results were: 1. University student's benefit variables on hair care cosmetics were classified into special function, fashion, practicality, brand, fragrance, styling, nutritional reinforcement, and economy. And they were segmentized into the feeling pursuit, the multi-benefit pursuit, the practicality pursuit, the benefit unconscious, and the function pursuit. The information sources were classified into marketer-dominated sources, neutral sources and consumer -dominated sources. 2. The feeling pursuit strongly sought for fashion, brand and fragrance pursuit, but considered economy less, chiefly used the marketer-dominated and neutral information sources, and showed much interests in hair care cosmetics, and were consisted of women dominantly. The multi-benefits pursuit sought for various kinds of benefits from hair care cosmetics, depended heavily on various kinds of information sources, were well aware of their hair types and instructions on the hair care cosmetics label, and were consisted of women dominantly. The practicality pursuit highly sought for practicality, but low on the fashion, were not aware of their hair style, haler care, hair health status and hair type, and almost half of them are men. The benefit unconscious showed low concern about, all kinds of benefits and hair care cosmetics, and were consisted of more men than women. The function pursuit highly sought for special function and nutritional reinforcement, mainly depended on the consumer-dominated sources. and showed low concern about their hair style and hair care.

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An Alternative Revenue Reconciliation with Benefit Function and Power Flow Tracing (효용함수 및 조류추적법을 고려한 수익보정에 관한 연구)

  • Kim J.M.;Jung K.H.;Han S.M.;Kim B.H.
    • Proceedings of the KIEE Conference
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    • summer
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    • pp.707-709
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    • 2004
  • Transmission pricing is one of important issues related to competitive electricity markets since rational pricing scheme ensures a fair competition between the market participants. Any application of marginal pricing method to transmission pricing may accompany revenue reconciliation to recover Transco's revenue requirements. This paper presents an alternative methodology on revenue reconciliation with customer benefit function and power flow.

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A Benefit Analysis of Using Common Random Numbers When Optimizing a System by Simulation Experiments (시뮬레이션을 통한 시스템 최적화 과정에서 공통 난수 활용의 이점 분석)

  • 박진원
    • Journal of the Korea Society for Simulation
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    • v.9 no.4
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    • pp.1-10
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    • 2000
  • One of the primary goals of the simulation experiments is to understand the overall system behavior and to analyze the system, ultimately to optimize the system. Optimizing the system includes determining the optimum condition of the system parameters of interest. This paper is concerned with the simulation methodology for estimating the unknown objective function for the system of interest and optimizing the system with respect to the controllable factors. In the process of estimating the unknown objective function, which is assumed to be a second order spline function, we use common random numbers for different set of the controllable factors resulting in more accurate parameter estimation for the objective function. We will show some mathematical result for the benefit of using common random numbers.

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OVERALL BENEFIT-DURATION OPTIMIZATION (OBDO) FOR OWNERS IN LARGE-SCALE CONSTRUCTION PROJECTS

  • Seng-Kiong Ting;Heng Pan
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.780-785
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    • 2005
  • This paper aims to consider an overall benefit-duration optimization (OBDO) problem for the sake of maximizing owner's economic benefits, whilst considering influences of schedule compression incurred opportunity income on the profitability of a large-scale construction project. Unlike previous schedule optimization models and techniques that have focused on project duration or cost minimization, with greater weight on contractors' interests, OBDO facilitates owner's economic benefits through overall benefit-duration optimization. In this paper, the objective function of OBDO model is formulated. An example is illustrated to prove the feasibility and practicability of the overall benefit-duration optimization problem. The significance of employing OBDO model and future research work are also described.

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