• Title/Summary/Keyword: cost minimization

Search Result 415, Processing Time 0.025 seconds

A Study on the Change of the Korean Liquor Industry and the Imposition of Liquor Tax by Changes in Tax system (주세 체계 개편으로 인한 주류 산업의 변화와 주세 부과 방안에 관한 연구)

  • Lim, Geon-Woo;Yang, Sung-Bum
    • Korean Journal of Organic Agriculture
    • /
    • v.29 no.3
    • /
    • pp.285-300
    • /
    • 2021
  • On January 1, 2020, the liquor tax for beer and takju was reorganized from the ad valorem tax to the specific tax. The purpose of the reorganization of the liquor tax announced by the National Tax Service is to improve the quality of the liquor and to resolve unreasonable discrimination between domestic and imported liquor. However, it is necessary to determine whether the National Tax Service's standard for levying the liquor tax is appropriate for the purpose. In this study, the change in the liquor industry is estimated due to the reorganization of the liquor tax using Hicks net price elasticity. In addition, the specific tax for each of the liquors and the alcohol content derived from the social cost minimization model is compared. The main findings are as follows. First, when the liquor tax of beer and takju is converted to the specific tax, social costs increase, and social welfare decrease. Second, if all the liquors are converted to the specific tax, social costs decrease. Third, when comparing specific tax by each of the liquors and the alcohol content according to the social cost minimization model, The specific tax by alcohol content can be considered more appropriate in terms of social cost and the stakeholders in the liquor industry.

Safety Assessment of Reinforced Concrete Members by Expected Total Cost Minimization (총기대비용최소화에 의한 R.C부재의 안전도 평가)

  • 이증빈;손용우;박주원
    • Proceedings of the Computational Structural Engineering Institute Conference
    • /
    • 1994.10a
    • /
    • pp.152-159
    • /
    • 1994
  • One of the main objectives of the study is to propose a pratical and realistic reliability analysis by ETCM(Expected Total Cost Minimization). This study is intended to propose the safety assesment and capacity rating of existing reinforced concrete members by evaluating the safety evaluation index, that is RF(Rating Factor) from the results of the field test and inspection for 5 reinforced concrete bridges. ETCM method is used for the reliability analysis of the proposed models. The proposed reliability model and method are applied the safety assesment and system factors of reinforced concrete members.

  • PDF

Modeling Optimal Lane Configuration at the Toll Plaza by Nonlinear Integer Programming Incorporated with an M/G/1 Queueing Process

  • Kim, Seong-Moon
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2006.11a
    • /
    • pp.403-406
    • /
    • 2006
  • This paper provides an M/G/1 queueing model for the operations management problem at the toll plaza. This queueing process is incorporated with two non-linear integer programming models - the user cost minimization model during the peak times and the operating cost minimization model during the off-peak hours.

  • PDF

Edge Detection using Cost Minimization Method (비용 최소화 방법을 이용한 모서리 감지)

  • Lee, Dong-Woo;Lee, Seong-Hoon
    • Journal of Internet of Things and Convergence
    • /
    • v.8 no.1
    • /
    • pp.59-64
    • /
    • 2022
  • Existing edge discovery techniques only found edges of defined shapes based on precise definitions of edges. Therefore, there are many limitations in finding edges for images of complex and diverse shapes that exist in the real world. A method for solving these problems and discovering various types of edges is a cost minimization method. In this method, the cost function and cost factor are defined and used. This cost function calculates the cost of the candidate edge model generated according to the candidate edge generation strategy. If a satisfactory result is obtained, the corresponding candidate edge model becomes the edge for the image. In this study, a new candidate edge generation strategy was proposed to discover edges for images of more diverse shapes in order to improve the disadvantage of only finding edges of a defined shape, which is a problem of the cost minimization method. In addition, the contents of improvement were confirmed through a simple simulation that reflected these points.

The Minimization of Tolerance Cost and Quality Loss Cost by the Statistical Tolerance Allocation Method (Statistical Tolerance Allocation을 이용한 제조비용과 품질손실비용의 최소화)

  • Kim, Sunn-Ho;Kwon, Yong-Sung;Lee, Byong-Ki;Kang, Kyung-Sik
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.24 no.2
    • /
    • pp.175-183
    • /
    • 1998
  • When a product is designed, tolerances must be given to the product so that required functions are guaranteed and production costs are minimized. In this research, a model is suggested which allocates tolerances to components optimally according to the STA(Statistical Tolerance Allocation) method. Taking into account the concept that dimensional errors have characteristics of statistical distributions, this model presents the discrete pseudo-boolean approach for the tolerance optimization by minimizing the tolerance cost and the quality loss cost. In this approach, two methods are proposed for the reduction of the problem scale; 1) a method for converting the minimization model for casts into the maximization model for cost savings, and 2) procedures to reduce the number of constraints and variables.

  • PDF

A Multiple Objective Mixed Integer Programming Model for Sewer Rehabilitation Planning (하수관리 정비 계획 수립을 위한 다중 목적 혼합 정수계획 모형)

  • Lee Yongdae;Kim Sheung Kown;Kim Jaehee;Kim Joonghun
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2003.05a
    • /
    • pp.660-667
    • /
    • 2003
  • In this study, a Multiple Objective Mixed Integer Programming (MOMIP) Model is developed for sewer rehabilitation planning by considering cost, inflow/infiltration. A sewer rehabilitation planning model is required to decide the economic life of the sewer by considering trade-off between cost and inflow/infiltration. And it is required to find the optimal rehabilitation timing, according to the cost effectiveness of each sewer rehabilitation within the budget. To develop such a model, a multiple objective mixed integer programming model is formulated based on network flow optimization. The network is composed of state nodes and arcs. The state nodes represent the remaining life and the arcs represent the change of the state. The model consider multiple objectives which are cost minimization and minimization of inflow/infiltration. Using the multiple objective optimization, the trade-off between the cost and inflow/infiltration is presented to the planner so that a proper sewer rehabilitation plan can be selected.

  • PDF

Cost-Minimization Analysis of Biologic Disease-Modifying Antirheumatic Drugs Administered by Subcutaneous Injections in Patients with Rheumatoid Arthritis (피하주사로 투여하는 생물학적 항류마티스 제제의 비용 최소화 연구)

  • Park, Seung-Hoo;Lee, Min-Young;Lee, Eui-Kyung
    • Korean Journal of Clinical Pharmacy
    • /
    • v.26 no.1
    • /
    • pp.59-69
    • /
    • 2016
  • Background: The subcutaneous formulation of biologic disease-modifying antirheumatic drugs (DMARDs) was preferred due to favored self-administration and would be an economical treatment option for patients with rheumatoid arthritis. This study was to compare the economic impact of biologic DMARDs administered by subcutaneous injection in patients with rheumatoid arthritis who had inadequate response to conventional DMARDs. Methods: The cost-minimization analysis was conducted to estimate the lifetime health care costs of treatment sequences with subcutaneous biologic DMARDs as first-line therapy from a health care system perspective. The Markov model was developed to represent the transitions through treatment sequences based on American College of Rheumatology response rate and discontinuation rate. The health care costs comprised the cost of medications, administration, dispensing, outpatient visits, test/diagnostic examination, palliative therapy and treatment of serious infection. All costs were expressed in 2016 Korean Won (KRW) and discounted at 5%. Results: The mean lifetime health care cost per patient was lowest in the etanercept sequence, which was estimated at KRW 63,441,679. The incremental costs of the treatment sequence started with adalimumab, golimumab, abatacept, and tocilizumab were KRW 7,985,730, KRW 4,064,669, KRW 2,869,947, and KRW 4,282,833, respectively, relative to etanercept sequence. These differences in costs mainly were attributable to medication costs. One-way and probabilistic sensitivity analyses confirmed that etanercept represented the option with the lowest cost compared with comparators. Conclusion: This study found that etanercept is likely a cost-saving treatment option among subcutaneous biologic DMARDs in patients with rheumatoid arthritis.

Optimizing Construction Alternatives for Repetitive Scheduling (반복공정 최적 공법대안 선정 방법)

  • Park, Sang-Min;Lee, Dong-Eun
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2015.05a
    • /
    • pp.132-133
    • /
    • 2015
  • Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

  • PDF

Optimizing Construction Alternatives for Scheduling Repetitive Units

  • Park, Sang-Min;Lee, Dong-Eun
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.158-160
    • /
    • 2015
  • Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of existing time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes to cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

  • PDF

A System Cost Minimization Through Differential Antenna Placement in Multi-radio Wireless Mesh Networks (멀티 라디오 무선 메쉬 네트워크에서의 차등적 안테나 배치를 통한 구축비용 최소화)

  • Lee, Ji-Soo;Yoo, Myung-Sik
    • Journal of the Institute of Electronics Engineers of Korea TC
    • /
    • v.47 no.7
    • /
    • pp.51-58
    • /
    • 2010
  • Wireless Mesh Network has drawn much attention due to wide area service coverage with low system cost. However, there is a bottleneck problem in wireless mesh network since the traffic is aggregated into a gateway. Placement of multi-radio can easy the bottleneck problem, but without careful design it results in unnecessary system cost increasement. In this paper, we propose a system cost minimization through differential antenna placement where optimum antenna placement is determined by the required wireless link capacity. With CPLEX program, optimum number of antennae is determined as a function of local user traffic and gateway capacity. From numerical analysis, it is confirmed that our proposed model can solve bottleneck problem, and at the same time save the system cost.