• Title/Summary/Keyword: cost forecast

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Repair Accumulation Cost for the Long-Term Repair Plan in Multifamily Housing Using the Forecasting Model of the Repair Cost (공종별 수선비용 추계모델을 활용한 공동주택 장기수선충당금 적립금액 산정)

  • Lee, Kang-Hee;Chae, Chang-U
    • KIEAE Journal
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    • v.16 no.3
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    • pp.137-143
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    • 2016
  • Purpose: Apartment housing should conduct a cyclic repair to keep and maintain the building performance since they are constructed. Therefore, the repair plan would be provided for long term period which explains the repair time, items and repair cost. Residents of apartment housing are responsible to pay for the repair activities. For repair cost, residents would reserve the money for repair little by little continuously until the required repair time because the repair cost takes a big burden for residents and lots of money a time. But, there is no systematic approach to provide the long term repair cost because it is no proper forecast of the repair cost to the upcoming repair time. In this study, it aimed at providing the monthly accumulation of the long term repair cost with the survey data in Seoul. Method: For these, the surveyed data are classified into 6 categories and number of data are 1,918. In addition, it developed the repair cost model for the 24 repair works and the cumulation function which is reflected with the each cost model. Result: This study are shown as follows : First, among the various estimation for the repair cost, the power function has a goodness of fit in statistics. Second, the monthly accumulation would be 12,840 won/household in size of $100,000m^2$ management area and $81.7won/m^2$ in size of the 1,000 household number during 40 years.

A Study on Empty Container Repositioning and Leasing (확률적 접근법에 의한 공컨테이너 재배치 및 임대에 관한 연구)

  • 하원익;남기찬
    • Journal of Korean Port Research
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    • v.13 no.1
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    • pp.27-40
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    • 1999
  • This study aims to apply and examine the stochastic approach for empty container repositioning and leasing problem. For this a case study has been carried out on actual data such as various cost components and traffic flow. The results reveal that the proposed methodology produces more realistic results than the conventional deterministic approaches. It is also found that the results are significantly affected by the accuracy of demand and supply forecast.

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A Study on The Diffusion Factors and Policies of Advanced Manufacturing Technology (첨단생산기술의 산업 내 확산 요인 및 정책에 관한 연구)

  • Hwang, Seong-Tae;Oh, Hyung-Sik
    • IE interfaces
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    • v.12 no.3
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    • pp.382-389
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    • 1999
  • Recently the strategic importance of Advanced Manufacturing Technology(AMT) has been increased. This paper focuses on the modelling of diffusion process of AMT from the benefit-cost analytic perspective. The mechanism of AMT diffusion includes the decision-making process of individual firms. By using the model, we can forecast the AMT diffusion level.

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Present Status and Prospects of Oyster Industry in Korea

  • Cho Chang-Hwan
    • Journal of Aquaculture
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    • v.9 no.4
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    • pp.303-309
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    • 1996
  • Oyster is the most important item next to tuna based on the market value in Korea's fisheries exports and it shares more than $90\%$ of the world oyster market. Oyster industry is a vital component of the Korea's aquaculture industry. However, it has faced many problems such as (1) a lower productivity of the culture system, (2) an environmental deterioration of the farming area, (3) a higher labor cost, (4) a shortage of of oysters to export, and (5) a poor seedling in nature. Therefore, including it's business forecast, the above problems and some countermeasures are discussed in this paper.

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Trend and Characteristics of High Cost Patients in Health Insurance (건강보험 고액진료비 환자의 추이 및 특성 분석)

  • Jeong, Seo Hyun;Jang, Ho Yeon;Kang, Gil Won
    • Health Policy and Management
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    • v.28 no.4
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    • pp.352-359
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    • 2018
  • Background: The purpose of this study is to propose an analysis of trends and characteristics of high-cost patients who take over 40% of total national health insurance medical expenses. Methods: It has been analyzed the tendency of high-cost patients by open data based on the medical history information of 1 million people among national health insurance subscriber from 2002 to 2015. To conduct detailed study of characteristics of high-cost patients, multiple regression has been performed by sex, age, residence, main provider, and admission status based on the top 5% group. Results: The amount of medical expenses and the number of high-cost patients have gradually increased in decades. The number of high-cost patients for Korean won (KRW) 5,000,000 category has increased by 7.6 times, KRW 10,000,000 category has increased by 14.1 times in comparing of year 2002 and 2015. Top 5% medical expenses have increased by 4.6 times. In consideration of the characteristics of patients, the incidence of high medical expenses has been higher in female patients than male ones, the older patients than in the younger. Patients residence in Gyeonsang or Jeonla province have had a high incidence of medical expenses than other area. The disease including dementia, cerebral infarction, and cerebrovascular disease for high-cost patients has been also increased. Conclusion: The major increase factor for high medical expenses is the aging of population. The elderly population receiving inpatient care residing in the province that increases high medical costs have to management. There is an urgent need to develop a mechanism for predicting and managing the cost of high-cost medical expenses for patients who have a heavy financial burden.

A Study on the Economic Assessment Through Case Study of Remodeling (건축물 리모델링 사례 분석을 통한 경제성 평가에 관한 연구)

  • 김천학;양극영
    • Journal of the Korea Institute of Building Construction
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    • v.1 no.2
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    • pp.154-164
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    • 2001
  • This research is aiming to specify the requirement of the investment such as intial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist building to promote the functions has been applied, no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific date base should be established to apply the suggested economic acessments in business enough ti forecast the future circumstances. More researches should be promoted on the area continuously as well as the integrated economic evaluation of remodeling on existing building.

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The Forecasting Model of the Repair Cost in Apartment Housing - Focused roof water proofing and Elevator work - (공동주택 공종별 수선비용 예측모델 연구 - 옥상방수 공사와 승강기 공사를 중심으로 -)

  • Lee, KangHee;Chae, ChangU
    • KIEAE Journal
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    • v.15 no.6
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    • pp.63-68
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    • 2015
  • Purpose: Most if buildings need various repair works for preventing or delaying the deterioration which gives rise to affect the living condition or function after constructed. Therefore, a long-term repair schedule should be planned and a repair cost is required. In this paper, it aimed at providing the statistical forecast model for a repair cost in roof water-proofing work and elevator work using statistical approach with three variables such as number of household, management area and a elapsed year. Data are collected in apartment housings which are located in Seoul area and conducted with interview and questionnaire sheet. Each analyzed work is divided into a partly work and fully work. Results of this study are shown that, first, the regression model takes a multiplying type like a Cobb-Douglas function and is changed into the log-linear type to include the three variable simultaneously. Second, the goodness-of-fit of the repair cost forecasting model has a good statistics in determinant's coefficient and Dubin-Watson value. Third, the management area is stronger factor than other the number of household and an elapsed year in roof water-proofing work and elevator work.

Evaluation Method for Value Analysis in the Remodelling of Apartment Building - Focused on Economical Efficiency and User Demand - (건축물의 리모델링 가치분석을 위한 평가방법 - 경제성 평가와 사용자 요구분석을 중심으로 -)

  • 정동환;소광호;김천학;김의식;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.103-109
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    • 2002
  • This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data bate should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

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Study on Reserve Requirement for Wind Power Penetration based on the Cost/Reliability Analysis

  • Shin, Je-Seok;Kim, Jin-O;Bae, In-Su
    • Journal of Electrical Engineering and Technology
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    • v.12 no.4
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    • pp.1397-1405
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    • 2017
  • As the introduction of wind power is steadily increasing, negative effects of wind power become more important. To operate a power system more reliable, the system operator needs to recognize the maximum required capacity of available generators for a certain period. For recognizing the maximum capacity, this paper proposes a methodology to determine an optimal reserve requirement considering wind power, for the certain period in the mid-term perspective. As wind speed is predicted earlier, the difference of the forecasted and the actual wind speed becomes greater. All possible forecast errors should be considered in determining optimal reserve, and they are represented explicitly by the proposed matrix form in this paper. In addition, impacts of the generator failure are also analyzed using the matrix form. Through three main stages which are the scheduling, contingency and evaluation stages, costs associated with power generation, reserve procurement and the usage, and the reliability cost are calculated. The optimal reserve requirement is determined so as to minimize the sum of these costs based on the cost/reliability analysis. In case study, it is performed to analyze the impact of wind power penetration on the reserve requirement, and how major factors affect it.

Optimal Bidding Strategy of Competitive Generators Under Price Based Pool (PBP(Price Based Pool) 발전경쟁시장에서의 최적입찰전략수립)

  • Kang, Dong-Joo;Hur, Jin;Moon, Young-Hwan;Chung, Koo-Hyung;Kim, Bal-Ho
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.51 no.12
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    • pp.597-602
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    • 2002
  • The restructuring of power industry is still going on all over the world for last several decades. Many kinds of restructuring model have been studied, proposed, and applied. Among those models, power pool is more popular than other. This paper assumes the power pool market structure having competitive generation sector, and a new method is presented to build a bidding strategy in that market. The utilities participating in the market have the perfect information of their cost and price functions, but they don't know which strategy to be chosen by others. To define one's strategy as a vector, we make utility's cost/price functions into discrete step functions. An utility knows only his own strategy, so he estimates the other's cost/price functions into discrete step functions. An utility knows only his own strategy, so he estimates the other's strategy using Nash equilibrium or stochastic methods. And he also has to forecast the system demand. According to this forecasting result, his payoffs can be changed. Considering these all conditions, we formulate a bidding game problem and apply noncooperative game theory to that problem for the optimal strategy or solution. Some restrictive assumption are added for simplification of solving process. A numerical example is given in Case Study to show essential features and concrete results of this approach.