• Title/Summary/Keyword: cost Index

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Cost Reduction and Improving Profitability of Par Level Transfer System for Reagent Materials (정량보충제 도입에 따른 비용절감 및 수익성 증대 효과)

  • Vae, Suk Jin;Hwang, Sung Wan
    • Korea Journal of Hospital Management
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    • v.17 no.4
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    • pp.21-31
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    • 2012
  • This is a case study of Gangnam S University Hospital applying a par level transfer system for reagent materials. The purpose of this study is evaluated on the cutting down on inventory expenses and medical service revenue in the point of resource based view. The data was acquired through the financial statement of Gangnam S Hospital for the fiscal year 2008, 2009, 2010 and 2011, and compared with the Korea health industry statistics index for hospital accounts based on the materials in Korea Health Industry Development Institute. The results of the study are as follows. Medical reagent materials expenditure cut down as 305 million won through 2009 fiscal year. Medical profits for the Gangnam S University hospital's income statement in 2011 show well over acquired 3.37 billion won through the enlarged diagnostic test numbers. In conclusion, Gangnam S University Hospital health statistics's index shows very high profits. The results of this study have some limitations in terms of generalization as only one hospital in Seoul. Further studies with relationship inventory performance and enlarged reagent materials are expected in this area.

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Evaluation and Direction of the New Town Development in Korea (우리나라 신도시 개발의 평가 및 발전방향)

  • Kim, Dong-Yoon
    • Journal of The Korean Digital Architecture Interior Association
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    • v.13 no.2
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    • pp.5-16
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    • 2013
  • With regard to the new town developments which have supplied lots of houses in a short period of time in Korea this study aims to evaluation and finding out problems of the developments finally to suggest the direction. A new town's competitiveness model set in the previous paper takes a role of research frame to recognize the problems and to show the direction. The model explains that new town's competitiveness is composed of 4 factors; Self-sufficiency, Innovativenss, Identity and Sustainability. Problems of the developments are as follows; incongruity of spatial structure especially in the capital region, deficiency of self-sufficiency resulted from single-use development, restriction on mixed development by a number of regulations in capital region, low business value, grand scale of land compensation, house oriented planning guidance, unfair share of infrastructure fee, and physical structure depending mainly on fossil energy. Based on this recognition this study conclusively suggests corresponding direction such as role performance as a means of urban growth management, promotion of quality of life by accumulating social capital, introduction of socially sustainable management program for the new towns, discovery and creation of town's value, reexamination of self-sufficiency's meaning or target, selective deregulation of metropolitan development, institutional strategy for cost reduction, changeover from house index to urban function oriented index, and pursuit of low-carbon green town.

Guidance & Control System Design based on Optimization (최적화 기반 유도제어시스템 설계)

  • Moon, Gwan-Young;Jun, Byung-Eul
    • Journal of the Institute of Electronics Engineers of Korea SC
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    • v.48 no.5
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    • pp.52-58
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    • 2011
  • The missile control system is comprised of various control systems such as autopilot, guidance law, and homing filter and so on. To design these guidance and control system, the optimization technique is widely applied at each developing stage. However, this kind of optimization requires lots of time and cost and moreover, this approach does not give an overall system optimization result. In this paper, to use the optimization tool for control system design, the optimal problem formulation is done and the performance index and constraints are considered. And finally the systematically optimized method is proposed.

Damage-based optimization of large-scale steel structures

  • Kaveh, A.;Kalateh-Ahani, M.;Fahimi-Farzam, M.
    • Earthquakes and Structures
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    • v.7 no.6
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    • pp.1119-1139
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    • 2014
  • A damage-based seismic design procedure for steel frame structures is formulated as an optimization problem, in which minimization of the initial construction cost is treated as the objective of the problem. The performance constraint of the design procedure is to achieve "repairable" damage state for earthquake demands that are less severe than the design ground motions. The Park-Ang damage index is selected as the seismic damage measure for the quantification of structural damage. The charged system search (CSS) algorithm is employed as the optimization algorithm to search the optimum solutions. To improve the time efficiency of the solution algorithm, two simplifying strategies are adopted: first, SDOF idealization of multi-story building structures capable of estimating the actual seismic response in a very short time; second, fitness approximation decreasing the number of fitness function evaluations. The results from a numerical application of the proposed framework for designing a twelve-story 3D steel frame structure demonstrate its efficiency in solving the present optimization problem.

Productivity Changes in Korea Railway Lines Using MPI (MPI를 이용한 한국철도 노선별 생산성 변화 분석)

  • Kim, Hyun-Woong;Lee, Jin-Sun
    • Journal of the Korean Society for Railway
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    • v.13 no.4
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    • pp.462-467
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    • 2010
  • This paper uses MPI (Malmquist Production Index) method to provide basic information and policy direction derived to improve the productivity. This can identify whether or not the railroad service have excellent services, if there are structural problem, in which sector is experiencing a degree of productivity, in which sector should be set targets to some degree. According to the result, the productivity of Korea railway lines is measured 1.1 both publicity and profitability aspects. Changes in production technology were the most important causes. Strategic planning should consider to increase the productivity such as modernization of facilities and equipment, cost savings, and increase in productivity of employee and rail cars.

A Study on the Decision of Optimum Installed Reserve Rate by Loss of Load Expectation (공급지장기대치에 의한 적정설비예비율 결정에 관한 연구)

  • Park, Jeong-Je;Liang, Wu;Choi, Jae-Seok;Cha, Jun-Min;Yun, Yong-Bum
    • Proceedings of the KIEE Conference
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    • 2008.07a
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    • pp.103-104
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    • 2008
  • This paper proposes an alternative methodology for deciding an optimum deterministic reliability level (IRR; Installed Reserve Rate) by using probabilistic reliability criterion (LOLE; Loss of Load Expectation). Additionally, case studies using the proposed method induce the characteristics of relationship between the probabilistic reliability index (LOLE) and deterministic reliability index (IRR) for 2008 year in Korea power system. The case study presents a possibility that an optimum IRR level in Korea can be assessed using the proposed method. Korea power system has been using the LOLE criterion to determine the adequacy of installed capacity (ICAP) requirement. The criterion in Korea is that the loss of load expectation shall not exceed the available capacity more than five day in ten years (=0.5[days/year]). The probabilistic reliability evaluation and production cost simulation program which is called PRASim is used in order to evaluate the relationship and optimum IRR in this paper.

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An Analysis of Effect and Limitation when Adapting Earned Schedule Method for Schedule Management and Estimation in Korean Defense Research & Development Projects (한국 국방 연구개발 프로젝트 일정 관리 및 예측을 위한 Earned Schedule 기법의 적용 효과와 한계 분석)

  • Cho, Jungho;Lim, Jaesung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.21 no.3
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    • pp.396-402
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    • 2018
  • Earned Value Management(EVM) has been used to manage and forecast defense project schedule and cost over the last two decades in the world. However to support the lacking ability of schedule analysis in traditional EVM, earned schedule(ES) has been introduced as a tool to more accurately estimate schedule performance. This paper compares which method EVM or ES, provides more accurate schedule predictors in 32 Korean defense research and development projects. As a result of comparison, the ES method can predict the future schedule more reliably than the EVM method. We also analyze early warning function of schedule performance index considering project duration extension point. Through the analysis results, we confirm that both the EVM and the ES method lack the ability of the early warning in terms of the current schedule management criterion.

Improving the Solution Range in Selective Harmonic Mitigation Pulse Width Modulation Technique for Cascaded Multilevel Converters

  • Najjar, Mohammad;Iman-Eini, Hossein;Moeini, Amirhossein;Farhangi, Shahrokh
    • Journal of Power Electronics
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    • v.17 no.5
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    • pp.1186-1194
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    • 2017
  • This paper proposes an improved low frequency Selective Harmonic Mitigation-PWM (SHM-PWM) technique. The proposed method mitigates the low order harmonics of the output voltage up to the $50^{th}$ harmonic well and satisfies the grid codes EN 50160 and CIGRE-WG 36-05. Using a modified criterion for the switching angles, the range of the modulation index for non-linear SHM equations is improved, without increasing the switching frequency of the CHB converter. Due to the low switching frequency of the CHB converter, mitigating the harmonics of the converter up to the $50^{th}$ order and finding a wider modulation index range, the size and cost of the passive filters can be significantly reduced with the proposed technique. Therefore, the proposed technique is more efficient than the conventional SHM-PWM. To verify the effectiveness of the proposed method, a 7-level Cascaded H-bridge (CHB) converter is utilized for the study. Simulation and experimental results confirm the validity of the above claims.

An Analysis of Vietnamese Bank Productivity Change in the Time of Restructuring

  • TO, Tha Hien;LE, Phuong Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.779-788
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    • 2020
  • Commercial banks play an important role as the main source of funding in the transition process of Vietnam as a market economy. As a result, enhancing the efficiency and productivity of Vietnamese banks can decrease the lending cost for individuals and enterprises. This study is to measure and analyze the productivity change of Vietnamese banking system in different ownership cohorts and sources of this change during the period of restructuring (2011-2019). The Hicks-Moorsteen total factor productivity index is utilised to measure the productivity change and to identify the sources of this change. For an empirical analysis, the data of 28 Vietnamese commercial banks from 2011 to 2018 is collected from their financial statements including balance sheets and income statements. The results show an increase of Vietnamese bank productivity due to the technological progress. While foreign and joint-venture banks are the most advanced cohort, state-owned banks have the lowest rate of productivity growth. The restructuring program negatively impacts scale efficiency and this measure attributes to a decline in the overall efficiency of the banks. We also found that state-owned commercial banks are the most efficient group in the sense that they can achieve the maximal level of revenue from a given amount of expense.

Reliability-Centered Maintenance of Generating Unit Using Stochastic FMECA (확률론적 FMECA를 이용한 발전설비의 신뢰도 기반 유지보수계획 수립)

  • Joo, Jae-Myung;Kim, Dong-Min;Byeon, Yoong-Tae;Kim, Hyung-Chul;Kim, Jin-O
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.22 no.1
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    • pp.58-65
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    • 2008
  • Reliability-Centered Maintenance plan for maintenance schedule of generating unit is being assessed in this paper. Maintenance schedule is a key index that can be used to determine stability and cost. In this paper, stochastic FMECA is described for the life assessment by using probability distribution, and combustion-turbine generations in Korean power systems have been assessed for maintenance schedule. Such an assessment can be a useful guide for maintenance plans in restructured power industry.