• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.211-222
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• 2020

This study examines simultaneous relationships between regulatory capital, risk, and cost-inefficiency for a sample of 30 commercial banks in Bangladesh from 2006 to 2018. To conduct the analysis, we used the Generalized Methods of Moments (GMM) in an unbalanced panel data framework. The empirical results show that there is a negative and significant relationship between capital regulation and credit, and overall risk. It is also evident from the results that the capital adequacy ratio is positively and significantly related to default risk and liquidity risk. Therefore, higher capitalized banks take an effort to prevent more credit risk and promote financial stability by reducing liquidity risk. Results also report that banks have been characterized as inefficient, less capitalized, and high risk. On the other hand, efficient banks are more stable but have a high level of liquidity risk. Besides, from the size of the bank, large banks are defined as having lower regulatory capital, are more risk seekers but stable with higher cost-efficiency. Notably, higher capitalized banks are more profitable and cost-efficient by reducing risk. Finally, this study also provides some insightful policy suggestions to the stakeholders.

• Journal of Korean Academy of Nursing Administration
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• v.16 no.4
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• pp.409-418
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• 2010

Purpose: The purpose of this study was to compare the costs and benefits of home nursing care services between public health centers (PHC) and private hospitals. Method: Participants were 105 patients who had received home nursing care services from a private hospital or public health center. From a societal perspective, the researcher identified the costs and benefits of the services using performance data and calculated the net benefit and benefit/cost ratio. Result: The net benefit of the home nursing care service based in the PHC was 165.9 million won and benefit/cost ratio was 2.0, while the net benefit of the home nursing care services by the private hospital was 141.1 million won and benefit/cost ratio was 1.7. Both types of programs were economically validated. Conclusion: Home nursing care services were basically efficient as the results showed a positive net benefit. A cost-benefit analysis indicated that the PHC-based home nursing care services were more efficient than that of the private hospital. With limited human resources and management standards in public health centers, results suggest the need for a more systematic management of the home nursing care service to improve the health of this vulnerable community population.

• Journal of Korea Multimedia Society
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• v.23 no.2
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• pp.274-281
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• 2020

The use of information systems improves a company's service quality and provides efficient information management. The establishment of an information system has become an essential element. In designing and developing a large number of screens when building an information system, As the number of screens increases, so does the cost and time. In addition, modifications can increase the cost of maintenance and exceed the cost of development. In order to solve these problems, there have been studies to design the screen simply and easily, but there is a shortage in reducing the maintenance cost. In this paper, we have studied the layout algorithm for managing the attributes of the screen components as data structures based on the designed screen and arranging the components on the screen. And we compared the proposed method and the methods that have been studied in the related studies. Screen component layout methods can automatically deploy screen components to consistently develop a large number of screens and reduce cost and manpower by reducing the time it takes to deploy screens.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.16 no.27
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• pp.91-104
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• 1993

This paper is concerned with flow shop scheduling problems having the common due date. V-shape property is used for algorithms with early and tardy penalty cost. The objective of this paper is developing efficient heuristic scheduling algorithms for minimizing total penalty cost function and determining the optimal common due date. The between job delay and the work in process are considered for developing algorithms as penalty cost. Algorithms is simulated to analyze interrelated factors. A numerical example is given for illustrating the proposed algorithms.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1170-1175
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• 2009

When managers estimate exact construction cost at early stage and design phase, they can reduce construction cost in a more efficient way than to predict at construction stage. But, the current of public construction cost estimation and management is concentrated almost after detailed design phase. Therefore, construction cost management in design development phase to generally use approximate estimating is not correct. Also, the existing construction cost used the method that estimated by gross floor area-based cost estimates at design development phase. So, it is difficult to show the specific amount of materials and basis about the estimated cost of the construction. This study derived problems and limits of construction management at design development phase in case of public office building project through review of literature and current survey, and suggested estimating process model process of structural construction cost go improve these matters.

• Proceedings of the SAREK Conference
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• 2007.11a
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• pp.459-465
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• 2007

This study was conducted to calculate the LCC of a apartment complex with a type of heating system, district heating and cogeneration system. For the purpose of analyzing LCC according to size of apartment complex, 500, 1,500 and 4,000 houses of model apartment selected. This research performs design of heating system and the life cycle cost analysis including an initial cost, energy cost, maintenance and operation cost, replacement cost and renovation cost during the project period(15years). According to the calculated results, 1) Initial cost of cogeneration system with 500, 1500 and 4000 houses is higher than district heating system each of 20%, 13%, 12%. 2) In case of cogeneration system, the payback period by electric generation is 5.21, 4.92 and 4.47 years and saving cost was calculated 29 billion won, 94 billion won and 262 billion won after payback period. 3) Cogeneration system LCC was 1.12, 1.07 and 1.06 times larger than district system with the size of apartment complex. According to the case of this study district heating system is more efficient than cogeneration system in terms of the reduction of LCC. 4) Gas Engine Co-generation System is more efficient than other systems because it can collect progressive part from electric charge progressive stage system. However, the efficiency is decreasing because of raising of fuel bills(LNG) and lowering of power rate for house use. Especially the engine is foreign-made so the cost of maintenance and repair is high and the technical expert is short. 5) District heating is also affected by fuel bills so we should improve energy efficiency through recovering of waste heat(incineration heat, etc.). Also, we should supply district cooling on the pattern of heat using of let the temperature high in winter and low in summer.

• Journal of Korean Society of Transportation
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• v.26 no.5
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• pp.227-235
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• 2008

This study analyzed the efficiency of a trunk with branches and a trunk with feeders route system comparing the user cost and operator cost of those route systems. Basically, a trunk with branches is more efficient than a trunk with feeders in the passengers' perspective if the transit system of a trunk and feeders are the same. In the case that the trunk system is hierarchically higher than the feeder system, a trunk with feeders has the competitive edge over a trunk with branches if the saving of travel cost induced by using the trunk line is larger than the increasing waiting and transfer cost. This result is consistent with the previous research by Park et al.(2007c), which analyzed the efficiency of hierarchical structure in a grid transit network. If the travel demand of each origins and destinations is low, increasing headway according to the travel demand can increase passenger load or operating efficiency in a trunk with feeders route system. In this case, a trunk with feeders route system is more prevalent as the operating cost, route length, and number of destinations increases, while it is less prevalent as the transfer cost and passengers' time value of the waiting time increases. In cases that central business district, which is located in the middle of a trunk line, generates travel demand, a trunk with feeders is more efficient than a trunk with branches with the increasing travel demand from and to the CBD. Therefore it can be concluded that to have a dual operating system between CBD and suburban is more efficient than one type transit system. The efficiency of that system can be increased through an efficient transfer system that can reduce the transfer cost.

• Journal of applied mathematics & informatics
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• v.31 no.3_4
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• pp.425-441
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• 2013

In literature, several strong designated verifier signature (SDVS) schemes have been devised using elliptic curve bilinear pairing and map-topoint (MTP) hash function. The bilinear pairing requires a super-singular elliptic curve group having large number of elements and the relative computation cost of it is approximately two to three times higher than that of elliptic curve point multiplication, which indicates that bilinear pairing is an expensive operation. Moreover, the MTP function, which maps a user identity into an elliptic curve point, is more expensive than an elliptic curve scalar point multiplication. Hence, the SDVS schemes from bilinear pairing and MTP hash function are not efficient in real environments. Thus, a cost-efficient SDVS scheme using elliptic curve cryptography with pairingfree operation is proposed in this paper that instead of MTP hash function uses a general cryptographic hash function. The security analysis shows that our scheme is secure in the random oracle model with the hardness assumption of CDH problem. In addition, the formal security validation of the proposed scheme is done using AVISPA tool (Automated Validation of Internet Security Protocols and Applications) that demonstrated that our scheme is unforgeable against passive and active attacks. Our scheme also satisfies the different properties of an SDVS scheme including strongness, source hiding, non-transferability and unforgeability. The comparison of our scheme with others are given, which shows that it outperforms in terms of security, computation cost and bandwidth requirement.

• ETRI Journal
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• v.35 no.1
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• pp.142-145
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• 2013

Network virtualization opens the door to novel infrastructure services offering connectivity and node manageability. In this letter, we focus on the cost-efficient embedding of on-demand virtual optical network requests for interconnecting geographically distributed data centers. We present a mixed integer linear programming formulation that introduces flexibility in the virtual-physical node mapping to optimize the usage of the underlying physical resources. Illustrative results show that flexibility in the node mapping can reduce the number of add-drop ports required to serve the offered demands by 40%.

• Journal of the Korean Institute of Telematics and Electronics B
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• v.32B no.10
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• pp.1338-1346
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• 1995

In this paper, we suggest the implementation of a DGPS system using two low cost commercial C/A code GPS modules and modems and its efficient operational techniques to provide DGPS service which guarantees the position accuracy of better than 10 meters for more users. The proposed DGPS system can be implemented easil at low cost because it needs a GPS module and a modem for each reference station and user. The reference station makes plans of the receiving schedule from the satellite set at each period and then provides the correction data for various satellite sets in a period. The main contribution of this paper is that users can utilize the correction data continuously and efficiently through the recursive least squares lattice filtering method. Experimental results show the position accuracy of better than 10 meters using the suggested DGPS system in almost real time.