• Title/Summary/Keyword: cost/duration evaluation

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An Analysis of Treatment and Economic Evaluation on the Part of Cervical HIVD Inpatients at Korean Medicine Hospital (한방병원에 입원한 경추 추간판 탈출증 환자의 치료 및 경제성 평가 연구)

  • Lee, Hyun-Jae;Jahng, Sun-Jeong;Heo, Dong-Seok
    • Journal of Korean Medicine Rehabilitation
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    • v.23 no.3
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    • pp.159-175
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    • 2013
  • Objectives Herniated Intervertebral Disc of C-spine is one of the most common diseases that causes posterior neck pain. This study was designed to analyze the general distribution and hospital cost by day and case of Korean medical treatment for Cervical Herniated Intervertebral Disc (HIVD). Methods The 132 impatients for treatment of HIVD were analyzed according to the distribution of sex, age, the duration of HIVD, the contributory factors, the Clinical grade at admission, the clinical findings at admission, the duration of hospitalization, the clinical grade at admission and the hospital cost per day and case. Results 1) The total hospital cost per case averaged 1,985,600 Won, which was consisted of room charge 584,044 Won (29.41%), performance fee 511,463 Won (25.76%), herbal medication 381,517 Won (19.21%), Korean medical physiotherapy 296,310 Won (14.92%), food expenses 199,997 Won (10.07%) in order. 2) The total hospital cost per day averaged 137,285 Won, which was consisted of room charge 39,036 Won (28.43%), performance fee 33,594 Won (24.47%), herbal medication 30,642 Won (22.32%), food expenses 12,870 Won (9.37%), and the average duration of hospitalization was 15.1 days. 3) There was statistically significant difference in the consultation fee, room charge, and herbal medication on the part of sex. 4) There was statistically significant difference not only in the performance and consultation on the part of duration of hospitalization but also the in the duration of average duration of hospitalization. 5) There was statistically significant difference in the Korean medical physiotherapy and herbal medication on the part of clinical findings. 6) There was statistically significant difference in the Korean medical physiotherapy and herbal medication on the part of duration of HIVD. 7) There was statistically significant difference in the Korean medical physiotherapy and herbal medication on the part of clinical outcome. 8) There was not only statistically significant difference in the performance, but also in the herbal medication on the part of clinical grade at admission. Conclusions This study provides plenty of information to design out the specific terms of Korean medical expenses of Cervical HIVD inpatients hospitalized at Korean medicine hospital.

Nodal Probabilistic Production Cost Evaluation using Monte Carlo Simulation Methods (Monte Carlo Simulation을 이용한 각 부하지점별 확률론적 발전비산정)

  • Mun, Seung-Pil;Kim, Hong-Sik;Choe, Jae-Seok
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.51 no.9
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    • pp.425-432
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    • 2002
  • This Paper illustrates a method for evaluating nodal probabilistic production cost using the CMELDC. A new method for constructing CMELDC(CoMposite Power System Equivalent Load Duration Curve) has been developed by authors. The CMELDC can be obtained by convolution integral processing between the probability distribution functions of the fictitious generators outage capacity and the load duration curves at each load point. In general, if complex operating conditions are involved and/or the number of severe events is relatively large, Monte Carlo methods are more efficient. Because of that reason, Monte Carlo Methods are applied for the construction of CMELDC in this study. And IEEE-RTS 24 buses model is used as our case study with satisfactory results.

A Study of Improvements in the Standards of Cost Estimate for the New Excellent Technology in Construction (건설 신기술의 원가산정기준 개선방안에 대한 연구)

  • Lee, Ju-hyun;Tae, Yong-Ho;Baek, Seung-Ho;Kim, Kyoungmin
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.5
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    • pp.65-76
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    • 2022
  • The New Excellent Technology (NET) designation system, introduced in 1989 for the purpose of promoting the development of domestic construction technology and enhancing national competitiveness, reviews the statement of construction cost of new technologies. And the cost reduction effect such as design, construction, and maintenance cost and the effect of reducing the construction duration are evaluated as an evaluation criteria of economic feasibility. However, in this evaluation process, differences of opinion between the institution of construction cost estimating standard management and the new technology developer about unique technologies frequently occur. In addition it is difficult to objectively compare the construction duration with existing similar technologies because there is no information on productivity as the current cost estimating standards for new technologies only present the required amount per unit quantity. In this study, the current state of cost estimating criteria review procedure, evaluation criteria, and cost estimating standards establishment method were analyzed when screening for the designation of a new construction technologies, and compared with overseas cost estimating standards, measures to improve the cost estimating standards of current construction new technologies were suggested. Through the improved cost estimating standards of this study, it is expected that cost information on new technologies will be provided to clients in more detail than the current ones, and the availability and applicability of new construction technologies would be improved by simplifying the construction cost calculation process more.

Estimation of relative evaluation effort ratios for each EALs in CC 2.3 and CC 3.1 (CC 2.3과 CC 3.1의 보증수준별 상대적 평가업무량 배율 추정)

  • Kou, Kab-Seung;Kim, Young-Soo;Lee, Gang-Soo
    • Journal of the Korea Institute of Information Security & Cryptology
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    • v.17 no.4
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    • pp.61-74
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    • 2007
  • In Common Criteria evaluation scheme, sponsor and evaluator should estimate evaluation cost and duration of IT security system evaluation in contracting the evaluation project. In this paper, We analyzed study result that achieve at 2003 and 2005, and utilized part of study result. And we empirically estimate relative evaluation effort ratios among evaluation assurance levels($EAL1{\sim}EAL7$) in CC v2.3 and CC v3.1. Also, we estimate the ratios from 'developer action elements', adjusted 'content and presentation of evidence elements', and 'evaluator action elements 'for each assurance component. We, especially, use ratio of amount of effort for each 'evaluator action elements', that was obtained from real evaluators in KISA in 2003. Our result will useful for TOE sponsor as well as evaluation project manager who should estimate evaluation cost and duration for a specific EAL and type of TOE, in a new CC v3.1 based evaluation schem.

Development of a New Numerical Analysis Method for Nodal Probabilistic Production Cost Simulation (각 부하지점별 확률론적 발전비용 산정을 위한 수치해석적 방법의 개발)

  • Kim, Hong-Sik;Mun, Seung-Pil;Choe, Jae-Seok;No, Dae-Seok;Cha, Jun-Min
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.50 no.9
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    • pp.431-439
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    • 2001
  • This Paper illustrates a new numerical analysis method using a nodal effective load model for nodal probabilistic production cost simulation of the load point in a composite power system. The new effective load model includes capacities and uncertainties of generators as well as transmission lines. The CMELDC(composite power system effective load duration curve) based on the new effective load model at HLll(Hierarchical Level H) has been developed also. The CMELDC can be obtained from convolution integral processing of the outage capacity probabilistic distribution function of the fictitious generator and the original load duration curve given at the load point. It is expected that the new model for the CMELDC proposed in this study will provide some solutions to many problems based on nodal and decentralized operation and control of an electric power systems under competition environment in future. The CMELDC based on the new model at HLll will extend the application areas of nodal probabilistic production cost simulation, outage cost assessment and reliability evaluation etc. at load points. The characteristics and effectiveness of this new model are illustrated by a case study of MRBTS(Modified Roy Billinton Test System).

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Development of Systematic Process for Estimating Commercialization Duration and Cost of R&D Performance (기술가치 평가를 위한 기술사업화 기간 및 비용 추정체계 개발)

  • Jun, Seoung-Pyo;Choi, Daeheon;Park, Hyun-Woo;Seo, Bong-Goon;Park, Do-Hyung
    • Journal of Intelligence and Information Systems
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    • v.23 no.2
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    • pp.139-160
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    • 2017
  • Technology commercialization creates effective economic value by linking the company's R & D processes and outputs to the market. This technology commercialization is important in that a company can retain and maintain a sustained competitive advantage. In order for a specific technology to be commercialized, it goes through the stage of technical planning, technology research and development, and commercialization. This process involves a lot of time and money. Therefore, the duration and cost of technology commercialization are important decision information for determining the market entry strategy. In addition, it is more important information for a technology investor to rationally evaluate the technology value. In this way, it is very important to scientifically estimate the duration and cost of the technology commercialization. However, research on technology commercialization is insufficient and related methodology are lacking. In this study, we propose an evaluation model that can estimate the duration and cost of R & D technology commercialization for small and medium-sized enterprises. To accomplish this, this study collected the public data of the National Science & Technology Information Service (NTIS) and the survey data provided by the Small and Medium Business Administration. Also this study will develop the estimation model of commercialization duration and cost of R&D performance on using these data based on the market approach, one of the technology valuation methods. Specifically, this study defined the process of commercialization as consisting of development planning, development progress, and commercialization. We collected the data from the NTIS database and the survey of SMEs technical statistics of the Small and Medium Business Administration. We derived the key variables such as stage-wise R&D costs and duration, the factors of the technology itself, the factors of the technology development, and the environmental factors. At first, given data, we estimates the costs and duration in each technology readiness level (basic research, applied research, development research, prototype production, commercialization), for each industry classification. Then, we developed and verified the research model of each industry classification. The results of this study can be summarized as follows. Firstly, it is reflected in the technology valuation model and can be used to estimate the objective economic value of technology. The duration and the cost from the technology development stage to the commercialization stage is a critical factor that has a great influence on the amount of money to discount the future sales from the technology. The results of this study can contribute to more reliable technology valuation because it estimates the commercialization duration and cost scientifically based on past data. Secondly, we have verified models of various fields such as statistical model and data mining model. The statistical model helps us to find the important factors to estimate the duration and cost of technology Commercialization, and the data mining model gives us the rules or algorithms to be applied to an advanced technology valuation system. Finally, this study reaffirms the importance of commercialization costs and durations, which has not been actively studied in previous studies. The results confirm the significant factors to affect the commercialization costs and duration, furthermore the factors are different depending on industry classification. Practically, the results of this study can be reflected in the technology valuation system, which can be provided by national research institutes and R & D staff to provide sophisticated technology valuation. The relevant logic or algorithm of the research result can be implemented independently so that it can be directly reflected in the system, so researchers can use it practically immediately. In conclusion, the results of this study can be a great contribution not only to the theoretical contributions but also to the practical ones.

Development of a Program for Reliability and Probabilistic Production Cost Evaluation of Composite Power Systems using GUI (GUI를 이용한 복합전력계통의 신뢰도해석 및 확률론적 발전비산정 프로그램 개발)

  • Moon, Seung-Pil;Kim, Hong-Sik;Cha, Jun-Min;Rho, Dae-Seok;Choi, Jae-Seok
    • Proceedings of the KIEE Conference
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    • 2001.11b
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    • pp.243-245
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    • 2001
  • The reliability and probabilistic generation production cost evaluation of composite power systems are important for power system operation and expansion planning. This paper present a computer program which can evaluate the reliability and probabilistic generation production cost of composite power system using GUI(Graphic User Interface). In this computer program, Monte Carlo simulation methods and CMELDC(CoMposite power system Effective Load Duration Curve) were used.

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The Calculation Method for Prolongation cost of Sub-Constract in Domestic Public Construction Project (국내 공공 공사 하도급계약 공기연장 추가간접비 산정방안)

  • Jeong, Kichang;Lee, Jaeseob
    • Korean Journal of Construction Engineering and Management
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    • v.19 no.4
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    • pp.61-69
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    • 2018
  • Research on additional indirect cost due to construction period extension in general contracts has continuously been active whereas the same for the subcontract operations has not been. In this research, we review previous research on evaluation methods for additional indirect costs which are widely being used on construction sites as well as previously proposed methods altogether, applying them to analyze model-cases for comparison. We acknowledge that this pattern for construction cost fluctuation over the construction period demonstrates an S-curve. This S-curve shaped indirect cost occurrence is then used to generate model-cases that are used throughout the research which models we applied previous evaluation methods on. Finally in pursuit of finding out some problems of evaluation methods, we came to derive a conclusion that the "Average Actual Cost Evaluation Method on Extended Duration," which, in turn, were proved to be valid for application on general contracts, was also valid for general application on subcontractor operations.

A Nodal Probabilistic Production Cost Evaluation at each Load Point using Monte Carlo Simulation Methods (Monte Carlo Simulation을 이용한 각 부하지점별 확률론적 발전비산정)

  • Moon, Seung-Pil;Kim, Hong-Sik;Choi, Hyong-Lim;Choi, Jae-Seok;Rho, Dae-Seok
    • Proceedings of the KIEE Conference
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    • 2001.07a
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    • pp.530-532
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    • 2001
  • This paper illustrates a method for evaluating nodal probabilistic production cost using the CMELDC. A new method for constructing CMELDC(the equivalent load duration curves of composite power system) was developed by authors. The CMELDC can be obtained by convolution integral processing between the probability distribution functions of the fictitious generators outage capacity and the load duration curves at each load point. Monte Carlo Methods are applied for the construction of CMELDC on this study. And IEEE-RTS 24 buses model is used as our case study with satisfactory results.

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A Study on Nodal Probabilistic Reliability Evaluation at Load Points (각 지역별 확률론적 신뢰도 평가에 관한 연구)

  • Kim, Hong-Sik;Moon, Seung-Pil;Choi, Jae-Seok;Cha, Jun-Min
    • Proceedings of the KIEE Conference
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    • 2001.07a
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    • pp.206-209
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    • 2001
  • This paper illustrates a new method for reliability evaluation at load points in a composite power system. The algorithm includes uncertainties of generators and transmission lines as well as main transformers at substations. The CMELDC based on the new effective load model at HLII has been developed also. The CMELDC can be obtain from convolution integral processing of the outage capacity probabilistic distribution function of the fictitious generator and the original load duration curve given at the load point. The CMELDC based on the new model at HLII will extend the application areas of nodal probabilistic production cost simulation, outage cost assessment and reliability evaluation etc. at load points. The characteristics and effectiveness of this new model are illustrated by a case study of a small test system.

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