• Title/Summary/Keyword: cost/benefit

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A Case Study on the Project Benefit of Digital Fabrication in Construction Projects (건설 프로젝트에서 디지털 패브리케이션의 프로젝트 이점에 대한 사례 연구)

  • Jung, Eui-Seok;Kim, Sung-Jin;Ham, Nam-Hyuk;Moon, Sung-Kon;Kim, Jae-Jun
    • Journal of KIBIM
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    • v.8 no.2
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    • pp.29-40
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    • 2018
  • Recently, the free-form buildings are continuously increasing in the world. However, due to the shortage of experience and technology in the project of the free-form buildings, problems such as increase of construction cost, increase of air and deterioration of construction quality are occurring. In this study, data on the 27 free-form projects in Korea and abroad using digital fabrication were collected through the journals, reports, articles, and websites of the institutes and case studies were conducted based on the collected data. Based on the following case analysis, we conducted evaluation of case data analysis based on the knowledge domain specified in PMBOK. Evaluation of case data analysis shows that the application of digital fabrication is divided into positive and negative effects for each knowledge area in the free-form building project. Using the results of the analysis, we can confirm the knowledge field showing the positive effect on the free-form building project by using digital fabrication. However, the data scale of the project using the digital fabrication is not realized at present and research is insufficient. In Korea, a small number of specialists were interviewed and verified because experts do not exist much in korea. Therefore, this study is expected to suggest the necessity of applying digital fabrication in the free-form building projects in the construction industry.

Financial Impact of Construction Firms' Business Diversification-Focused on the Residential Facility for Retired Seniors- (건설사의 사업다각화를 위한 유료노인주거시설 투자효과 분석)

  • Chin, Mee-Youn;Choi, Jong-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.1 s.35
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    • pp.96-106
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    • 2007
  • This study aims to evaluate the financial impact of construction firms' business diversification. Specifically, from the construction firms' perspective, this study attempted to present basic investment model by analyzing the effect of investment in residential facilities for retired seniors. Analyses results indicated that the financial impact, in terms of sales volume and gross profit, varies according to the size of firms. The results drawn from this study could be a valuable source when construction firms plan to invest and operate residential facility for retired seniors in order to diversify their business portfolio and stabilize financial structure.

Socioeconomic Analysis of Public Forestry Investment(I) - On the Estimation of Social Discount Rate - (공공임업투자(公共林業投資)에 대한 사회경제적(社會經濟的) 분석(分析)(I) - 사회적(社會的) 할인율(割引率)의 추정에 대하여 -)

  • Chang, Cheol Su
    • Journal of Korean Society of Forest Science
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    • v.81 no.3
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    • pp.280-286
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    • 1992
  • When the social cost-benefit analysis is applied for analyzing the public forestry investment, the choice of discount rate to be used in analysis is critical. In this paper, the social discount rate discussed in the public economics was introduced and the social time preference rate as a measure of that was estimated for Korea. The component parameters of the model used are : the elasticity of social marginal utility of consumption and the growth rate of real consumption. The results for the social time preference rate and the elasticity of social marginal utility of consumption are 6.2% and -1.38, respectively, which are plausible and thus can be used as a useful basis in establishing rational resource allocation policies.

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A Feasibility Study to Adopt BIM-based Infrastructure Management System (BIM기반 사회기반 시설물 유지관리 도입을 위한 경제적 타당성 분석)

  • Kim, Jeonghwan;Ji, Seung-Gu;Jeong, Taehyung;Seo, Jongwon
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.1
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    • pp.285-292
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    • 2014
  • BIM (Building Information Modeling) is a new paradigm that includes construction life-cycle, and BIM has become mandatory regulation according to the Public Procurement Service since 2016, which accelerates its application. BIM is now expand from architectural field to infrastructure industry. Through pilot projects, BIM has been challenged with verification process. This trend has affected to maintenance and operation (M&O) phase of construction life-cycle. Advanced country has already published their research and result with feasibility study and guidelines. In this paper, we conduct the feasibility study to adopt BIM-based infrastructure management system. Bridges and tunnels were selected as application target, and benefit/cost ratio were used. The result shows that BIM-based infrastructure management system is feasible when the level of detail is more than "Medium" in bridge, and "High" in tunnel.

Feasibility Study on Styrofoam Layer Cushioning for Banana Bulk Transport in a Local Distribution System

  • Wasala, W.M.C.B.;Dharmasena, D.A.N.;Dissanayake, C.A.K.;Tilakarathne, B.M.K.S.
    • Journal of Biosystems Engineering
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    • v.40 no.4
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    • pp.409-416
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    • 2015
  • Purpose: This study evaluates a new banana bulk packaging method under the real transport conditions of Sri Lanka. Methods: A field evaluation of optimized 8-mm thick Styrofoam sheets used as the cushioning material was applied. A trial transport was conducted from Thambuttegama to Colombo using a medium-sized open truck, with banana leaves as the control material. Data were recorded at the farmer, transporter, retailer, and consumer stages of the supply chain. Mechanical damage, physiological loss in weight, fruit firmness, total soluble solids, ripeness index, visual quality ratings, and the physical damage index of the bananas were measured at each stage. A cost-benefit analysis was also conducted for both packaging methods. Results: The 8-mm styrofoam sheets significantly reduced (p < 0.05) the mechanical damage from 26.3% to 12.9% compared to the conventional method for long-distance transport, and the physiological loss in weight showed a decrease of 2.88%. The loss of firmness of the fruits followed a simmilar pattern for both methods until reaching the retailer, but at the consumer was significantly higher (p < 0.05) for the control. However, the physical damage index at the retail stage for the control showed symptoms of physical injury, whereas the bananas transported using the cushioning materials exhibited only minor symptoms. Further, the visual quality of the fruits after transport from the farmer to the consumer was preserved, which is one of the main factors affecting consumer preference and retail price. The proposed method increases the profit margin by 51.2% for Embul bananas owing to the reduced postharvest losses. Conclusion: The 8-mm thick Styrofoam sheets reduced the physical damage to the bananas, with the quality parameters maintained at the prefered level. Moreover, profits may be increased.

The Concept of Wind in Traditional Chinese Medicine

  • Dashtdar, Mehrab;Dashtdar, Mohammad Reza;Dashtdar, Babak;Kardi, Karima;Shirazi, Mohammad khabaz
    • Journal of Pharmacopuncture
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    • v.19 no.4
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    • pp.293-302
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    • 2016
  • The use of folk medicine has been widely embraced in many developed countries under the name of traditional, complementary and alternative medicine (TCAM) and is now becoming the mainstream in the UK and the rest of Europe, as well as in North America and Australia. Diversity, easy accessibility, broad continuity, relatively low cost, base levels of technological inputs, fewer side effects, and growing economic importance are some of the positive features of folk medicine. In this framework, a critical need exists to introduce the practice of folk medicine into public healthcare if the goal of reformed access to healthcare facilities is to be achieved. The amount of information available to public health practitioners about traditional medicine concepts and the utilization of that information are inadequate and pose many problems for the delivery of primary healthcare globally. Different societies have evolved various forms of indigenous perceptions that are captured under the broad concept of folk medicine, e.g., Persian, Chinese, Grecian, and African folk medicines, which explain the lack of universally accepted definitions of terms. Thus, the exchange of information on the diverse forms of folk medicine needs to be facilitated. Various concepts of Wind are found in books on traditional medicine, and many of those go beyond the boundaries established in old manuscripts and are not easily understood. This study intends to provide information, context, and guidance for the collection of all important information on the different concepts of Wind and for their simplification. This new vision for understanding earlier Chinese medicine will benefit public health specialists, traditional and complementary medicine practitioners, and those who are interested in historical medicine by providing a theoretical basis for the traditional medicines and the acupuncture that is used to eliminate Wind in order to treat various diseases.

An Empirical Study on Explanatory Factors of Online Helping Behavior : Focusing on University Students in Seoul (온라인 도움행동의 원인에 관한 경험연구 - 서울시 대학생을 중심으로 -)

  • Jun, Shinhyun
    • Informatization Policy
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    • v.18 no.1
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    • pp.55-72
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    • 2011
  • This study explores the causes of online helping behavior. This study tests the effects of various explanatory factors on the basis of previous studies on helping behavior. These factors include social demographic, situational, motivational, and social capital factors. According to the survey of 475 university students living in Seoul in 2010, age and religion have significant effects on online helping behavior. In addition, the perceived helping opportunity, time and effort cost to help, and social capital factor have significant effects on online helping behavior. Results reveal that the effect of social capital factor is the largest among other variables. However, it is shown that the effects of benefit from helping, empathy, and personal norm are not statistically significant. It is also revealed that the effect of social capital factor is important across all types of online helping behavior except information helping. The policy implications are discussed.

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A Study on Analysis Model of E-government Business Regulation Using Delphi and AHP Method. (델파이와 AHP 기법을 활용한 전자정부사업 규제의 적정성 분석모델에 관한 연구)

  • Kim, Hoe-Soo
    • Informatization Policy
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    • v.27 no.2
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    • pp.40-65
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    • 2020
  • The purpose of this study is to prevent enactment of regulations on the basis of fragmented claims by stakeholders about e-government business regulations, and to rather decide whether to introduce regulation by quantitative methods based on cost-benefit analysis. To this end, a quantitative regulatory analysis model is to be prepared based on the policy objectives to be pursued when preparing e-government regulations. First, for regulating e-government business, the policy objectives to be pursued were derived large and small categories by applying the Delphi technique. The importance of each policy objective item was then set by applying the AHP technique. Also, based on this analysis model, the appropriateness of the existing e-government regulations was analyzed. As a result of the analysis, many of the regulations partly met the objectives discussed at the time of enactment, but negative effects were also observed in terms of overall efficiency and consumer benefits.

CHANGES OF SERUM ALKALINE PHOSPHATASE AFTER ENUCLEATION OF CYSTS IN THE JAWS (낭종 수술 전후에 있어서 혈중 Alkaline Phosphatase의 변화에 대한 연구)

  • Eune, Jung-Ju;Lee, Eui-Seok;Rim, Jae-Suk;Jang, Hyon-Seok;Woo, Hyon-Il
    • Journal of the Korean Association of Oral and Maxillofacial Surgeons
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    • v.31 no.5
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    • pp.417-421
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    • 2005
  • This study was to analyze the changes of levels of alkaline phosphatase before and after enucleation of jaw cysts combined with bone grafting, and to evaluate biochemically the effectiveness of the early detection of bone healing and infection as a prognostic marker. Eighteen patients (13 males, 5 females) with cystic lesions of the jaws were divided into two groups. The bone graft group underwent enucleation and bone graft. The control group underwent only enucleation. Both groups were measured levels of ALP before surgery, and plus-minus 4 weeks postoperatively. The more discriminating results were obtained in the bone graft group. The results were as follows : 1. Levels of ALP after enucleation of jaw cysts were decreased in all patients with and without bone graft. 2. The bone graft group showed more marked decrease in variation of levels of ALP than the control group.(p=0.008) This should be considered as a result of increased osteoblastic activity and new bone formation. 3. Such variation could be used as a prognostic marker for bone healing after cyst operation. In the cost/benefit ratio, measurement of ALP activity could be useful as a convenient procedure in routine clinical practice.

Building IT ROI Assessment System for Estimating the Monetary Value of Non-financial Benefits (비재무적인 효과의 화폐가치화를 위한 IT ROI 평가 시스템 구축)

  • Kim, Young-Woon;Chong, Ki-Won
    • The KIPS Transactions:PartD
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    • v.14D no.1 s.111
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    • pp.107-120
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    • 2007
  • When it tomes to IT investment, it's a challenge for the management to make the right decision. Unlike investment in other business area, it's hard to measure direct cost vs. effect in IT business. To validate the investment in IT, it is required to establish objective assessment system that both provider and beneficiary of information can accept, and it is also required to suggest an assessment tool of fixed quantity that includes measuring standards and method for the economic effect of new investment. This study, therefore, has developed IT ROI Methodology that can prove investment validity by accepting the strong points of the existing models while complementing their weak points and by analyzing IT Investment and IT Efforts. It also has built an IT ROI System that reflects the methodology which is applied to 21 companies of 5 business categories. This system is designed to provide effective and objective decision-making tool for IT investment by proving what positive impacts IT could have on business activities.