• Title/Summary/Keyword: cost savings

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A Study of Pension Receipt Satisfaction According to the Preparation of the Living Cost for Aging: Focusing on Public Pensions (노후생활비 준비에 따른 연금 수급액의 만족도에 관한 연구: 공적연금을 중심으로)

  • Lee, Seung-Sin
    • Journal of Families and Better Life
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    • v.30 no.2
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    • pp.137-152
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    • 2012
  • The graying of populations is emerging as an international issue around the world, and this is a problem that is rapidly advancing in Korea as well, signaling the need for financial preparations for the aged. For this purpose, various retirement pension systems are being employed as preparatory measures for the nation's elderly. Using data from 1474 people in the 2007 panel study of National Security for the Retired, the present work attempts to look at satisfaction rates with regard to public pension receipts for the national pension and special occupational pensions according to general characteristics and factors related to the preparation for an aging society. Satisfaction with retirement pension receipts according to the type of pension was high for special occupation retirement pensions, individual retirement pensions and the national retirement pension, in that order. Looking at satisfaction rates based on the general characteristics of pension recipients, the study revealed that for the national pension, satisfaction was highest for groups with above-average physical and psychological health, groups who think appropriate living expenses for the elderly are lower, groups in which a partner also earns income, and groups who had amply prepared for their expected living expenses in later life. Regarding special occupation retirement pensions, satisfaction was high for groups over the age of 70, groups with good psychological health, and groups sufficiently prepared for their living expenses in later expenses, compared to groups for which these factors did not apply. In terms of the relative influences impacting retirement pension recipient satisfaction, satisfaction with the national pension was highest when the primary source to cover elderly living expenses was a resource other than income earned by the recipient and their partner and/or income received from children. Concerning special occupation retirement pensions, satisfaction was highest among those whose education terminated before middle school, and for those in good physical health. Based on the above results, it is vital that plans exist for preparing sufficiently for the living expenses of the elderly and for facilitating the physical and psychological health of pension recipients. Plans are also necessary to, ensure that citizens are provided with easily accessible educational programs and activities regarding general installment savings and deposits, stocks and bonds, real estate investments, individual retirement pensions, private insurance, severance pay pensions, and public pensions.

TERRAPOWER, LLC TRAVELING WAVE REACTOR DEVELOPMENT PROGRAM OVERVIEW

  • Hejzlar, Pavel;Petroski, Robert;Cheatham, Jesse;Touran, Nick;Cohen, Michael;Truong, Bao;Latta, Ryan;Werner, Mark;Burke, Tom;Tandy, Jay;Garrett, Mike;Johnson, Brian;Ellis, Tyler;Mcwhirter, Jon;Odedra, Ash;Schweiger, Pat;Adkisson, Doug;Gilleland, John
    • Nuclear Engineering and Technology
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    • v.45 no.6
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    • pp.731-744
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    • 2013
  • Energy security is a topic of high importance to many countries throughout the world. Countries with access to vast energy supplies enjoy all of the economic and political benefits that come with controlling a highly sought after commodity. Given the desire to diversify away from fossil fuels due to rising environmental and economic concerns, there are limited technology options available for baseload electricity generation. Further complicating this issue is the desire for energy sources to be sustainable and globally scalable in addition to being economic and environmentally benign. Nuclear energy in its current form meets many but not all of these attributes. In order to address these limitations, TerraPower, LLC has developed the Traveling Wave Reactor (TWR) which is a near-term deployable and truly sustainable energy solution that is globally scalable for the indefinite future. The fast neutron spectrum allows up to a ~30-fold gain in fuel utilization efficiency when compared to conventional light water reactors utilizing enriched fuel. When compared to other fast reactors, TWRs represent the lowest cost alternative to enjoy the energy security benefits of an advanced nuclear fuel cycle without the associated proliferation concerns of chemical reprocessing. On a country level, this represents a significant savings in the energy generation infrastructure for several reasons 1) no reprocessing plants need to be built, 2) a reduced number of enrichment plants need to be built, 3) reduced waste production results in a lower repository capacity requirement and reduced waste transportation costs and 4) less uranium ore needs to be mined or purchased since natural or depleted uranium can be used directly as fuel. With advanced technological development and added cost, TWRs are also capable of reusing both their own used fuel and used fuel from LWRs, thereby eliminating the need for enrichment in the longer term and reducing the overall societal waste burden. This paper describes the origins and current status of the TWR development program at TerraPower, LLC. Some of the areas covered include the key TWR design challenges and brief descriptions of TWR-Prototype (TWR-P) reactor. Selected information on the TWR-P core designs are also provided in the areas of neutronic, thermal hydraulic and fuel performance. The TWR-P plant design is also described in such areas as; system design descriptions, mechanical design, and safety performance.

Design of Naphtha Cracker Gas Splitter Process in Petlyuk Column (납사열분해 가스분리공정에서의 Petlyuk Column 설계)

  • Lee, Ju Yeong
    • Journal of the Korean Institute of Gas
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    • v.24 no.1
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    • pp.17-22
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    • 2020
  • Light Naphtha is distillated from crude oil unit and separated into the methane, ethylene and propylene by boiling point difference in sequence. This separation is conducted using a series of binary-like columns. This separation method is known that the energy consumed in the reboiler is used to separate the heaviest components and most of this energy is discarded as vapor condensation in the overhead cooler. In this study, the first two columns of the separation process are replaced with the Petlyuk column. A structural design was exercised by the stage computation with ideal tray efficiency in equilibrium condition. Compared with the performance of a conventional system of 3-column model, The design outcome shows that the procedure is simple and efficient because the composition of the liquid component in the column tray was designed to be similar to the equilibrium distillation curve. The performance of the new process indicates that an energy saving of 12.1% is obtained and the cost savings of 44 million won per day based on gross domestic product is reduced under same total number of trays and the initial investment cost is saved.

A Study on the Improvement of Domestic Navigation Safety System: Focused on the Implementation of Korea Augmentation Satellite System (국내 항행안전시스템의 개선에 관한 연구: 한국형 정밀위성항법 보강시스템의 구축을 중심으로)

  • Kim, Yeong-Pil;Hwang, Kyung Tae
    • Journal of Digital Convergence
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    • v.19 no.2
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    • pp.221-230
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    • 2021
  • The study attempts to suggest potential problem and solutions expected in the process of implementing KASS, which is currently under development to improve the domestic navigation safety system, and to summarize improvement effects of domestic navigation safety system anticipated by the implementation of KASS. Challenges expected in the process of implementing KASS exists in four aspects: emotional, technical, cost, safety aspects. When KASS is implemented and operates, various benefits can be realized. Benefits include cost savings by not using navigation safety systems during takeoff and landing; reduction of flight delays and cancellations by removing airway congestion; increase of aircraft accommodation capacity; reduction of carbon emissions; preparation for future aviation demands and improvement of air transportation safety; and reduction of flight accidents. In conclusion, it is expected to enter into an era of more intense competition due to increased aviation demands. In order to survive in this competitive environment, early introduction of KASS is indispensable. Analysis results of this study are expected to provide reference information for academic research in this area. A possible future research topic include a study predicting the changes in the navigation safety systems introduced by KASS and proposing practical and useful ways to respond the changes.

A Study on Countermeasures for Risk Factors Through Risk Analysis of Earthwork (흙막이공의 리스크 분석을 통한 리스크 요인별 대응 방안에 관한 연구)

  • Jeon, Byung Ju;Isah, Muritala Adebayo;Kim, Hyun Bee;Lee, Yang Gyu;Kim, Byung Soo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.42 no.5
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    • pp.681-688
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    • 2022
  • According to a recent study, most construction companies in Korea do not manage risk effectively, and it is judged that the risk management system needs to be improved. In addition, most risk-related studies deal with risks from a macroscopic perspective, and there are few studies dealing with process risks at the project construction stage. Therefore, this study tried to suggest a risk response plan through analysis and classification of risk factors that may occur in retaining work among process risks. To this end, a workshop was held for risk experts to identify and analyze risks that may occur during the construction of retaining work for apartments. As a result of the study, it was expected that savings of KRW 4.97 billion would be possible in the 95 % confidence interval, and the maximum possible cost was reduced from KRW 15 billion to about KRW 10 billion. Based on the risk reduction ratio, it was found that risks that can be reduced without any special input cost, risks with large effects in response to risks, and risks with insignificant effects were found. Therefore, using the types and risk factors presented in this study as guides, it is expected that it will be helpful in successfully operating the project if an appropriate response strategy is prepared and systematically responded to the site conditions.

Development of a Single Allocation Hub Network Design Model with Transportation Economies of Scale (수송 규모의 경제 효과를 고려한 단일 할당 허브 네트워크 설계 모형의 개발)

  • Kim, Dong Kyu;Park, Chang Ho;Lee, Jin Su
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.6D
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    • pp.917-926
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    • 2006
  • Transportation Economies of scale are the essential properties of hub networks. One critical property of the hub network design problem is to quantify cost savings which stem from economies of scale, the costs of operating hub facilities and opportunity costs associated with delays stemming from consolidation of traffic flows. Due to the NP-complete property of the hub location problem, however, most previous researchers have focused on the development of heuristic algorithms for approximate solutions. The purpose of this paper is to develop a hub network design model considering transportation economies of scale from the consolidation of traffic flows. The model is designed to consider the uniqueness of hub networks and to determine several cost components. The heuristic algorithms for the developed model are suggested and the results of the model are compared with recently published studies using real data. Results of the analysis show that the proposed model reflects transportation economies of scale due to consolidation of flows. This study can form not only the theoretical basis of an effective and rational hub network design but contribute to the assessment of existing and planned logistics systems.

Improving the Design-phased VE Process of Public Clients in Relation to Using Critical Success Factors (핵심성공요인과 연계한 공공발주기관의 설계VE 프로세스 개선에 관한 연구)

  • Park, Heedae;Han, Seung Heon;Kim, Sung Soo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.3D
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    • pp.399-408
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    • 2009
  • The major changes in construction environment are that construction project is bigger and more complicated and the power of construction market changes from the supplier to the client or the user. Especially public construction enterprises have advanced to introduce the value engineering (VE) which is one of the cost management based on the owner's leading at the design phase for economical efficiency and quality improvement. According to the these efforts, the implementation of VE was legislated in the revised Construction Technology Management Act in 2000, governmental agencies, local autonomies, and construction public enterprises universally has taken the VE into consideration. In this circumstance, the scope that VE construction applied at 50 billion won projects from 2003 has been extended to 10 billion won projects in 2006. Therefore, the VE construction will be activated in the future. The cost savings and function improvement, which are the purpose of VE are not only construction public enterprises, but also every public client supported from government's budget or owned by the government. Therefore, the purpose of this study is to propose the improved process and performance index of VE for governmental agencies, local autonomies, and construction public enterprises which want to introduce or improve the VE process. This research also suggested the To-be design-phased VE process model. In addition, it suggested the To-be model of design management reflected the To-be design-phased VE process model, which is eliminated two problems reflected for the performance improvement of the As-is model of design management.

An Exploratory Study on the Analysis of Characteristics of Pedestrian Accident Vulnerable Points using Road View: Focusing on Sasang-gu, Busan (로드뷰를 활용한 보행자 사고 취약 지점 특징 분석 탐색적 연구: 부산광역시 사상구를 중심으로)

  • Dong Kyu Lee;Jae Seon Kim;Kyung Soo Pyo;Min Kim
    • Journal of the Society of Disaster Information
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    • v.20 no.2
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    • pp.351-368
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    • 2024
  • Purpose: In general, traffic accidents occur sporadically, so there are various limitations in terms of time and cost when conducting field investigations to prepare prevention and prevention measures. In particular, with the transition to a non-face-to-face society after the COVID-19, there is a greater need to prepare a replacement for field surveys. Therefore, in this study, Roadview provided by various websites was used as an alternative to field surveys in Sasang-gu, Busan City. The possibility was evaluated. Method: The research method was to extract vulnerable points for traffic accidents that occurred between 2016 and 22 and analyze road views based on the field survey evaluation items provided in the Traffic Safety Diagnosis Guidelines. Result: The main result was that Sasang-gu was most vulnerable to accidents involving elderly pedestrians at Sasang-ro, Daedong-ro, and Hakjang-ro. As a result of a detailed analysis of vulnerable points through Road View, Sasang-ro needed control of commercial vehicles and protection of the transportation vulnerable in the market commercial area. Daedong-ro was vulnerable to illegal on-street parking and slope merging sections, and Hakjang-ro was vulnerable to roads that were prone to speeding. When evaluating the possibility of replacing Roadview's field survey based on the results of this analysis, Roadview was able to effectively evaluate most items, such as separation of sidewalks and the location and spacing of safety facilities. However, there were limitations in items such as actual measurement performance. Conclusion: In other words, the road view can replace most field surveys, and the actual measurement evaluation items can be judged to be useful as auxiliary data, resulting in time and cost savings and high efficiency.

Formalization of Productivity Metrics for Equipment in Multi-sectioned Road Construction Projects (다(多)공구 도로 공사 현장 장비들의 운영 실태 파악을 위한 생산성 지표 정립에 관한 연구)

  • Kim, Hong-Yeul;Koo, Bon-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.4
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    • pp.100-109
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    • 2012
  • Large road construction projects are typically partitioned into sections that are then contracted individually to contractors. Each section requires using similar heavy equipment including excavators, dump trucks and pavers, which constitute the highest cost. Normally the equipment is not shared between them, as each contractor wishes to have their equipment readily available. However, such practices result in very low utilization of these equipment. The goal of this research is to develop a programmatic resource sharing system in which contractors can share equipment depending on the changing needs of a multi-sectioned road project. This paper introduces the results of a survey performed to investigate how contractors currently manage the supply and demand of equipment and the equipment that are practical for sharing across a project. More importantly, the paper describes a set of metrics (DPR, nDPR, SDI) needed to quantify the amount of supply/demand variance occurring in each section. The metrics were used on an actual road construction project, and the results show that each section suffers from an imbalance between its monthly planned and actual utilization of equipment. The results also indicate that the sharing of the equipment can lead to potentially large savings as equipment requirements can be met within a project as to short leasing from outside vendors.

A Study on Integration of Healthcare Information Systems based on P2P in Distributed Environment (분산환경에서의 P2P기반 보건의료분야 정보시스템 통합에 관한 연구)

  • Park, Yong-Min;Oh, Young-Hwan
    • Journal of the Institute of Electronics Engineers of Korea TC
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    • v.48 no.2
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    • pp.36-42
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    • 2011
  • The current healthcare information systems field to meet the growing demand for healthcare for a variety of building systems and operation, and subsequent information on the budget continues to increase, but the current system, although the association link between the various systems made does not, with organizations with information about each of the standardization and real-time network status data do not consist of various materials, such as insufficient to provide real-time issues have been raised. This paper proposes a Integrated information system on Healthcare based on JXTA to solve problems mentioned above. Until now, in a network environment for data storage and management is the most widely used server-intensive structure, while an increase in users and traffic difficulties in data management and communications services to handle the growing number of servers increase faster than information associated with the cost savings, P2P model in terms of efficient data management has emerged as a new solution. Therefore this paper designs a platform for Integrated information system on Healthcare based on JXTA as a method to integrate health information data and services, and then proves that the new information system on healthcare based on JXTA is the suitable model.