• Title/Summary/Keyword: resource-based cost

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Function Organization of nD CAD System for Plant Project by Linking Cost and Resource Information (비용과 자원을 연계한 플랜트공사 nD CAD 시스템 기능 구성 방안)

  • Kang, Leen-Seok;Ji, Sang-Bok;Moon, Hyoun-Seok;An, Jae-Kyu
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.809-812
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    • 2007
  • This study suggests a methodology for organizing functions of nD CAD model which 4D object is linked with cost and resource information. And the suggested model is composed of process analysis function of plant project based on visualized scenario analysis. That is, it is possible to manage effectively not only construction schedule plan, but also resource and cost information by integrating construction management information into nD CAD object. And the suggested model can be utilized as information of a effective decision-making tool through analyzing of optimal process scenario and sharing of an analyzed information.

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A Resource Allocation Model for Data QC Activities Using Cost of Quality (품질코스트를 이용한 데이터 QC 활동의 자원할당 모형 연구)

  • Lee, Sang-Cheol;Shin, Wan-Seon
    • IE interfaces
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    • v.24 no.2
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    • pp.128-138
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    • 2011
  • This research proposes a resource allocation model of Data QC (Quality Control) activities using COQ (Cost of Quality). The model has been developed based on a series of research efforts such as COQ classifications, weight determination of Data QC activities, and an aggregation approach between COQ and Data QC activities. In the first stage of this research, COQ was divided into the four typical classifications (prevention costs, appraisal costs, internal failure costs and external failure costs) through the opinions from five professionals in Data QC. In the second stage, the weights of Data QC activities were elicited from the field professionals. An aggregation model between COQ and Data QC activities has been then proposed to help the practitioners make a resource allocation strategy. DEA (Data Envelopment Analysis) was utilized for locating efficient decision points. The proposed resource allocation model has been validated using the case of Korea national defense information system. This research is unique in that it applies the concept of COQ to the data management for the first time and that it demonstrates a possible contribution to a real world case for budget allocation of national defense information.

A Comparative Study on the Human Resource Efficiency between the Korean and Japanese Municipal Hospitals using Data Envelopment Analysis (DEA를 이용한 한국과 일본 공공병원의 인적자원 효율성 평가)

  • Nam, Sang-Yo
    • Korea Journal of Hospital Management
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    • v.12 no.1
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    • pp.51-74
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    • 2007
  • This study applied Data Envelopment Analysis to a set of Korean Public Corporation Medical Centers and Japanese Municipal Hospitals to compare their relative human resource efficiencies. Based on the data provided on the inputs and outputs, the analysis showed Japanese municipal hospitals were relatively efficient than Korean hospitals. The result of analysing BCC model shows 5 hospitals in Japan and 7 in Korea with an efficiency rating of less than 1 as considered relatively inefficient. For the inefficient hospitals the manner in which inefficient hospitals may be made efficient were indicated by the managerial strategies based on dual variables. A subsequent analysis of Wilcoxon rank-sum test revealed that the medical revenue per medical expense, labor cost per value added revenue were statistically significant between efficient and inefficient Korean hospitals and medical revenue per medical expense, labor cost per value added revenue, bed occupancy rate, average length of stay, rate of personnel expenses per medical revenue were statistically significant between efficient and inefficient Japanese hospitals.

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An Adaptive Virtual Machine Location Selection Mechanism in Distributed Cloud

  • Liu, Shukun;Jia, Weijia
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.12
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    • pp.4776-4798
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    • 2015
  • The location selection of virtual machines in distributed cloud is difficult because of the physical resource distribution, allocation of multi-dimensional resources, and resource unit cost. In this study, we propose a multi-object virtual machine location selection algorithm (MOVMLSA) based on group information, doubly linked list structure and genetic algorithm. On the basis of the collaboration of multi-dimensional resources, a fitness function is designed using fuzzy logic control parameters, which can be used to optimize search space solutions. In the location selection process, an orderly information code based on group and resource information can be generated by adopting the memory mechanism of biological immune systems. This approach, along with the dominant elite strategy, enables the updating of the population. The tournament selection method is used to optimize the operator mechanisms of the single-point crossover and X-point mutation during the population selection. Such a method can be used to obtain an optimal solution for the rapid location selection of virtual machines. Experimental results show that the proposed algorithm is effective in reducing the number of used physical machines and in improving the resource utilization of physical machines. The algorithm improves the utilization degree of multi-dimensional resource synergy and reduces the comprehensive unit cost of resources.

Database Program for Managing Management Resources: General Contractor's Perspectives

  • Yong-Woo Kim;Sungwon Shin
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1100-1106
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    • 2009
  • General contractors' overhead costs are increasing relative to direct costs. However, it is difficult to apply the traditional activity-based costing directly to the construction site overhead costing because the resource consumption rate per each activity is varied depending on the attributes of activities. The research develops a methodology of hybrid cost allocation system when resources are assigned to cost objects unlike the traditional activity-based costing. The study also develops a database program and demonstrates how it can be applied to the construction projects using a case study.

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A Study on the Cost Analysis for the Container Terminal Services based on ABC Approach

  • Ryu, Dong-Ha;Ahn, Ki-Myung;Yoon, Yeo-Sang
    • Journal of Navigation and Port Research
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    • v.35 no.7
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    • pp.589-596
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    • 2011
  • Terminal market has rapidly crashed and market rates have taken a sharp plunge. The substantial throughput decrease resulted from the world economic downturn has been a finishing blow to the terminal operators in Busan. Every terminal operator is taking cost saving as its first priority and accelerating structural reform and downsizing. Under the desperate situation, the need of effective cost analysis would be highly required to effectively control operation cost and to develop new services to satisfy the different needs of the customers. Furthermore, terminal operators could reduce unnecessary activities and concentrate their resource on the more cost-effective process through the operation cost analysis. In order to suggest a new framework of the cost control of container terminals, this paper seeks to analyze terminal costs based on ABC approach by processing actual data.

Dongeui Visual-PERT/CPM for R&D Project Management (연구개발 프로젝트관리를 위한 시각화모델)

  • 황흥석
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.10a
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    • pp.268-271
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    • 2000
  • In these days, the technical advances and complexities have generated much of the difficulties in managing the project resources, both time and costing to accomplish the project in the most efficient manner. The project manager is frequently required to render judgements concerning the schedule and resource adjustments. This research develops an analytical model for a schedule-cost and risk analysis based on visual PERT/CPM. We used a two-step approaches :in the step 1, a deterministic PERT/CPM model for the critical path and estimating the project time schedule and related resource planning, In the second step, we developed a heuristic model for crash and stretch out analysis based upon a time-cost trade-off associated with the crash and stretch out of the project. Computer implementation of this model is provided based on GUI-Type objective-oriented programming for the users and provided displays of all the inputs and outputs in the form of visual graphical. Also developed GUI-type program, Dongeui Visual-PERT/CPM. The results of this research will provide the project managers with an efficient management tool.

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The Influence of Excluding No-load Cost from SMP on Cost Reduction Incentive of Generators (계통한계가격(SMP)에서 무부하비용 제외가 발전사 비용절감 유인에 미치는 영향)

  • Kim, Myung Yun;Cho, Sung Bong
    • Environmental and Resource Economics Review
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    • v.23 no.4
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    • pp.617-641
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    • 2014
  • Korean electricity market is a Cost-Based Pool (CBP) designed to minimize electricity production cost through cost by providing cost reduction incentives to generators. Generation companies have shown diverse efforts to reduce costs in CBP market such as procuring low-price fuels, installing high efficiency gas turbine and constructing power plants near the heavy-load site. Recently, as a way to improve CBP market, a proposal to exclude no-load cost from System Marginal Price (SMP) and to compensate generators ex post was suggested to Korea Power Exchange. This study analyzes the impact of excluding no-load cost from SMP on the cost reduction incentive of generators. We found that excluding no-load cost from SMP enhances the likelihood of decreasing the cost reduction incentives of LNG combined-cycle generators lying on the price-setting range.

Analysis of Cost and Efficiency of a Medical Nursing Unit Using Time-Driven Activity-Based Costing (시간-동인활동기준원가계산(Time-Driven Activity-Based Costing)을 이용한 일 내과병동 간호단위 원가계산 및 효율성 분석)

  • Lim, Ji-Young;Kim, Mi-Ja;Park, Chang-Gi
    • Journal of Korean Academy of Nursing
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    • v.41 no.4
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    • pp.500-509
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    • 2011
  • Purpose: Time-driven activity-based costing was applied to analyze the nursing activity cost and efficiency of a medical unit. Methods: Data were collected at a medical unit of a general hospital. Nursing activities were measured using a nursing activities inventory and classified as 6 domains using Easley-Storfjell Instrument. Descriptive statistics were used to identify general characteristics of the unit, nursing activities and activity time, and stochastic frontier model was adopted to estimate true activity time. Results: The average efficiency of the medical unit using theoretical resource capacity was 77%, however the efficiency using practical resource capacity was 96%. According to these results, the portion of non-added value time was estimated 23% and 4% each. The sums of total nursing activity costs were estimated 109,860,977 won in traditional activity-based costing and 84,427,126 won in time-driven activity-based costing. The difference in the two cost calculating methods was 25,433,851 won. Conclusion: These results indicate that the time-driven activity-based costing provides useful and more realistic information about the efficiency of unit operation compared to traditional activity-based costing. So time-driven activity-based costing is recommended as a performance evaluation framework for nursing departments based on cost management.

Cost-Based Directed Scheduling : Part I, An Intra-Job Cost Propagation Algorithm (비용기반 스케쥴링 : Part I, 작업내 비용 전파알고리즘)

  • Kim, Jae-Kyeong;Suh, Min-Soo
    • Journal of Intelligence and Information Systems
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    • v.13 no.4
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    • pp.121-135
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    • 2007
  • Constraint directed scheduling techniques, representing problem constraints explicitly and constructing schedules by constrained heuristic search, have been successfully applied to real world scheduling problems that require satisfying a wide variety of constraints. However, there has been little basic research on the representation and optimization of the objective value of a schedule in the constraint directed scheduling literature. In particular, the cost objective is very crucial for enterprise decision making to analyze the effects of alternative business plans not only from operational shop floor scheduling but also through strategic resource planning. This paper aims to explicitly represent and optimize the total cost of a schedule including the tardiness and inventory costs while satisfying non-relaxable constraints such as resource capacity and temporal constraints. Within the cost based scheduling framework, a cost propagation algorithm is presented to update cost information throughout temporal constraints within the same job.

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