• Title/Summary/Keyword: expected cost rate

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Adjustment of the Appropriate Cost Support Rate for Measuring the Working Environment (작업환경측정 적정 비용지원율 수준으로의 조정 방안)

  • Park, Ji-Yeon
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.31 no.4
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    • pp.353-366
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    • 2021
  • Objectives: An appropriate level of cost support is being proposed to maximize the participation rate. In addition, as the amount of support is highly concentrated at the level of the limit under the current level of supports, the level of cost support is low when the actual level of cost of measuring the working environment exceeds the limit. This paper describes the adjustment of an appropriate cost support rate. Methods: First, this paper analyzes the current cost support status using data from the KOSHA. Second, an alternative for adjusting the cost support rate is presented in consideration of the incentive aspect. Third, we present simulation results for the average cost support rate, the impact of each alternative on finance, and more. Fourth, the most desirable adjustment method is presented after comparing and analyzing the results of various alternatives. Results: In this paper, we present a new scale model. This model is a mixture of flat-rate, fixed rate, and subside cap. It is expected that the new model will not only facilitate participation in businesses with low measurement costs, but also have the effect of controlling measurement costs for institutions that incur greater costs. It is also expected that setting a cap will have the effect of considering government finances and inducing excessively costly institutions to reduce costs. Thus, the new model is likely to be superior to others. If the fourth plan is applied to new businesses and the fifth plan is applied to sustainable businesses, the average cost support rates will be 87.68 percent and 65.18 percent, respectively, and the needed finances will be 2.5 billion won, 18.8 billion won, and 21.3 billion won in total. Conclusions: It seems most desirable to introduce a new model that combines flat-rate, fixed-rate, and subsidy cap systems and achieve an appropriate cost support rate through this model.

A Study on the Method of Estimating Indirect Labor Cost Rate Using the Analysis of Cost Items in Complete Works (완성공사 원가구성 분석에 의한 간접노무비율 산정방법에 관한 연구)

  • Jung Soon-Kil;Lee Hak-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.2 no.2 s.6
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    • pp.81-89
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    • 2001
  • Construction industry has particular properties of non-continuity of production, and non-stability of market comparing to other industries. Because of them, the practical construction cost is more difficultly recognized than in manufacturing industry, so, that is various according to many projects. Therefore, it is very hard work to standardize construction cost, and it is worthy of analyzing and measuring exactly construction cost. On this study, the trouble in producing expected construction cost with original cost calculation method is progressed by the data of cost items in complete works. On the basis of analyzing data, as expected cost of practical construction is measured, it can be referred to the method and the standard of indirect labor cost rate in construction.

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An Economic Modeling Study of Helicobacter pylori Eradication: Comparison of Dual Priming Oligonucleotide-Based Multiplex Polymerase Chain Reaction and Empirical Treatment

  • Gweon, Tae-Geun;Kim, Joon Sung;Kim, Byung-Wook
    • Gut and Liver
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    • v.12 no.6
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    • pp.648-654
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    • 2018
  • Background/Aims: Dual priming oligonucleotide-based multiplex polymerase chain reaction (DPO-based PCR) can detect the presence of clarithromycin resistance without culture. The aim of this study was to investigate the cost-effectiveness of DPO-based PCR for Helicobacter pylori eradication. Methods: From 2015 to 2016, medical records of patients who received H. pylori eradication therapy were analyzed. Patients were divided into two groups: tailored group patients who were treated based on DPO-based PCR and empirical group patients. Eradication rate and medical cost, including diagnostic tests, eradication regimens, and $^{13}C$-urea breath tests, were compared between the two groups. Cost for one successful eradication was calculated in each group. The expected cost of eradication for empirical treatment was investigated by varying the treatment duration and eradication rate. Results: A total of 527 patients were analyzed (tailored group 208, empirical group 319). The eradication success rate of the first-line therapy was higher in the tailored group compared to that in the empirical group (91.8% vs 72.1%, p<0.01). The total medical cost for each group was $114.8{\pm}14.1U.S.$ dollars (USD) and $85.8{\pm}24.4USD$, respectively (p<0.01). The total medical costs for each ultimately successful eradication in the tailored group and in the empirical group were 120.0 USD and 92.4 USD, respectively. The economic modeling expected cost of a successful eradication after a 7- or 14-day empirical treatment was 93.8 to 111.4 USD and 126.3 to 149.9 USD, respectively. Conclusions: Based on economic modeling, the cost for a successful eradication using DPO-based PCR would be similar or superior to the expected cost of a successful eradication with a 14-day empirical treatment when the first-line eradication rate is ${\leq}80%$.

A Bayesian Approach to Replacement Policy Based on Cost and Downtime

  • Jung, Ki-Mun;Han, Sung-Sil
    • Journal of the Korean Data and Information Science Society
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    • v.17 no.3
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    • pp.743-752
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    • 2006
  • This paper considers a Bayesian approach to replacement policy model with minimal repair. We use the criterion based on the expected cost and the expected downtime to determine the optimal replacement period. To do so, we obtain the expected cost rate per unit time and the expected downtime per unit time, respectively. When the failure time is Weibull distribution with uncertain parameters, a Bayesian approach is established to formally express and update the uncertain parameters for determining an optimal maintenance policy. Especially, the overall value function suggested by Jiagn and Ji(2002) is applied to obtain the optimal replacement period. The numerical examples are presented for illustrative purpose.

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A Study on Optimal Preventive Maintenance Policy When Failure Rate is Exponentially Increasing After Repair (수리 후 고장률이 지수적으로 증가하는 경우에 최적 예방보전 정책)

  • Kim, Tae-Hui;Na, Myung-Hwan
    • Journal of Applied Reliability
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    • v.11 no.2
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    • pp.167-176
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    • 2011
  • This paper introduces models for preventive maintenance policies and considers periodic preventive maintenance policy with minimal repair when the failure of system occurs. It is assumed that minimal repairs do not change the failure rate of the system. The failure rate under prevention maintenance received an effect by a previously prevention maintenance and the slope of failure rate increases the model where it considered. Also the start point of failure rate under prevention maintenance considers the degradation of system and that it increases quotient, it assumed. Per unit time it bought an expectation cost from under this prevention maintenance policy. We obtain the optimal periodic time and the number for the periodic preventive maintenance by using Nakagawa's Algorithm, which minimizes the expected cost per unit time.

Optimal Burn-In under Warranty

  • Kim, Kuinam-J;Park, Chi-Yeon
    • Journal of the Korea Safety Management & Science
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    • v.1 no.1
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    • pp.135-143
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    • 1999
  • This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected bum-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in practice.

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A Bayesian Approach to Replacement Policy with Extended Warranty (연장된 보증이 있는 교체정책에 대한 베이지안 접근)

  • Jung, Ki Mun
    • Journal of Applied Reliability
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    • v.13 no.4
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    • pp.229-239
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    • 2013
  • This paper reports a manner to use a Bayesian approach to derive the optimal replacement policy. In order to produce a system with minimal repair warranty, a replacement model with the extended warranty is considered. Within the warranty period, the failed system is minimally repaired by the manufacturer at no cost to the end-user. The failure time is assumed to follow a Weibull distribution with unknown parameters. The expected cost rate per unit time, from the end-user's viewpoints, is induced by the Bayesian approach, and the optimal replacement policy to minimize the cost rate is proposed. Finally, a numerical example illustrating to derive the optimal replacement policy based on the Bayesian approach is described.

Optimal Working Cycles for Minimal Repair Policy (정기교체 및 최소수리를 고려한 작업주기 횟수 최적화)

  • Lee, Jinpyo
    • Journal of Korean Society for Quality Management
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    • v.48 no.1
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    • pp.201-214
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    • 2020
  • Purpose: The purpose of this paper is to determine an optimal number of cycle times for the replacement under the circumstance where the system is replaced at the periodic time and the multiple number of working cycles whichever occurs first and the system is minimally repaired between the replacements if it fails. Methods: The system is replaced at periodic time () or cycle time, whichever occurs first, and is repaired minimally when it fails between successive replacements. To determine the optimal number of cycle times, the expected total cost rate is optimized with respect to the number of cycle times, where the expected total cost rate is defined as the ratio of the expected total cost between replacements to the expected time between replacements. Results: In this paper, we conduct a sensitivity analysis to find the following results. First, when the expected number of failures per unit time increases, the optimal number of cycle times decreases. Second, when the periodic time for replacement becomes longer, the optimal number of cycle times decreases. Third, when the expected value for exponential distribution of the cycle time increases, the optimal number of cycle times increases. Conclusion: A mathematical model is suggested to find the optimal number of cycle times and numerical examples are provided through the sensitivity analysis on the model parameters to see the patterns for changes of the optimal number of cycle times.

Optimal Burn-In under Waranty

  • Kim, Kui-Nam;Lee, Kwang-Ho
    • Communications for Statistical Applications and Methods
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    • v.6 no.3
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    • pp.719-728
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    • 1999
  • This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected burn-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in prctice.

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Two PM policies following the expiration of free-repair warranty (무료수리보증이 종료된 이후의 두 예방보전정책)

  • Jung, Ki-Mun
    • Journal of the Korean Data and Information Science Society
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    • v.20 no.6
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    • pp.999-1007
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    • 2009
  • This paper considers the optimal periodic preventive maintenance (PM) policy following the expiration of free-repair warranty. We assume that two periodic PM models with random maintenance quality which were proposed by Wu and Clements-Croome (2005) and Jung (2006b), respectively. Given the cost structure to the user during the cycle of the product, we derive the expressions for the expected cost rate per unit time. Also, we obtain the optimal PM number and the optimal PM period by minimizing the expected cost rate per unit time. The numerical examples are presented for illustrative purpose.

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