• Title/Summary/Keyword: Economic Evaluation

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Study on the analysis of AHP method and the introduction of modified economic evaluation model for subtantial economic evaluation of AMS (AMS(Advanced Manufacturing System)의 실질인 경제성 평가를 위한 수정된 경제성 평가모델의 도입과 AHP(Analytical Hierarchy Process 기법의 분석에 관한 연구)

  • 유일근;오경환
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • pp.335-343
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    • 1990
  • The traditional economic evaluation methods do not seem to consider derivative efforts-productivity improvement, quality improvement.-which may be occured by AMS introduction. Current evaluation methods are based on mass production with known characteristic and stable technology. Recently, expert suggest that these assumption-stable production and mass production-are realized to be a limited in substantial economic evaluation analysis. Therefore, the problem of traditional evaluation methods suggested in this thesis and decision in the case studies are derived using two complementary economic analysis methods-AHP method, modified economic evaluation model- and traditional evaluation method. After three methods are compared and evaluated in the view of practical economic evaluation, AHP method is intended to be introduced as a new economic evaluation method.

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Economic Evaluation of Vaccinations - a Methodologic Review (예방접종의 경제성 평가방법과 사례)

  • Chun, Byung Chul
    • Pediatric Infection and Vaccine
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    • v.15 no.1
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    • pp.20-29
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    • 2008
  • The basis of the economic evaluation of vaccination is the balance between the use of the resources (input) and the improvements that result from the vaccination (output). Techniques used for economic evaluation of vaccination are cost analysis, cost-minimization analysis, cost-effectiveness analysis, cost-utility analysis and cost-benefit analysis. Cost analysis seeks to characterize the costs of a given vaccination program. Cost-effective analysis is to helps policy-makers decide on the best use of allocated resources, whether cost-benefit analysis is to helps policy-makers decide on the overall allocation of resources. Cost-utility analysis is a specific form of cost-effective analysis in which outcomes are reduced to a common denominator such as the quality-adjusted life year (QALY) or disability-adjusted life year (DALY). Many economic analyses have been conducted on vaccines in the world, but there have been a little studies on economic evaluation on vaccines in Korea. This paper reviewed the methodology used to economic evaluation on vaccines and immunizations and addressed some examples of the methods.

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The Economic Evaluation of Experimental Fishing Grounds in the North Pacific Midway Ocean Under Uncertainty : Focusing on Tuna Longline Fishing Grounds (불확실성하에서 북태평양 미드웨이 시험어장의 경제성 평가 : 다랑어연승 어장을 중심으로)

  • Moon, Seong-Ju;Jin, Sang-Dae;An, Young-Su;Kim, Yeong-Seung;Hwang, Seon-Jae
    • The Journal of Fisheries Business Administration
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    • v.40 no.1
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    • pp.153-172
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    • 2009
  • Developing foreign fishing ground executed in various uncertainty such as fishing price, oil price, exchange rate. But traditional economic evaluation method, CVP(Cost-Volume-Profit) analysis doesn't consider uncertainty of foreign fishing ground. So we need new approach about economic evaluation that can take into account uncertainty. This study focus on the economic evaluation about experimental survey of tuna fishing grounds in the north pacific ocean by sensitive analysis and simulation. The results of the economic evaluation can be summarized as follows. First, when we take it for granted that the other uncertainty factors except for each fishing price, oil price, and exchange rate are constant. CVP gross sales has positive relation to the increasing rate of oil price, exchange rate(W/$) and negative relation to the increasing rate of fishing price and exchange rate(W/${\yen}$). Second, when we are supposing that fishing price, oil price, and exchange rate are followed. the probability of less than CVP gross sales is A ship(48.87%), B ship(49.64%), C ship(50.55%). Consequently, the economic evaluation by sensitive analysis and simulation is more useful tool than CVP(Cost-Volume-Profit) analysis under uncertainty.

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Development of Economic Evaluation of Indoor Lighting System (실내 조명시스템의 경제성 평가법 개발)

  • Cho, Sook-Hyun;Lee, Min-Wook;Choi, Hyeon-Seok;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.1
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    • pp.8-14
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    • 2012
  • An economic evaluation is required to reduce the cost of energy and lighting in the design of interior lighting. WEELS2011 is developed as a method of economic evaluation for LED lighting systems. Economic evaluation for fluorescent and LED lightings and after applying rebate to LED system is conducted using WEELS2011. The utilization and analysis of WEELS2011 are suggested for the reduction of energy and lighting cost.

Demand Estimation for Manpower to Conduct Economic Evaluation on Pharmaceuticals with the Introduction of Positive List System in Korea (선별등재 도입에 따른 의약품 경제성평가 수행 인력의 수요 추계)

  • Lim, Jae-Young;Lee, Eui-Kyung
    • YAKHAK HOEJI
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    • v.51 no.2
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    • pp.126-132
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    • 2007
  • Demand for manpower of conducting pharmaco-economic evaluation was investigated. The priority order of conducting economic evaluation on the already listed drugs was set by the budget impact for health insurance by the therapeutic groups. Manpower demand was estimated by the Anatomical, Therapeutical, Chemical (ATC) code. The total number of economic evaluation on the already listed drugs is estimated to be 346 cases. Based on these numbers, at least 53${\sim}$102 of full-time-equivalent (FTE) manpower is needed for conducting economic evaluation per year in the following 5 years.

Critical Review of health care economic evaluation methodology : With a special reference to study design and cost estimation (보건의료 경제성 평가 방법론 고찰 -연구 설계와 비용 추정을 중심으로-)

  • ;Brouwer WBF
    • Health Policy and Management
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    • v.14 no.2
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    • pp.58-77
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    • 2004
  • Cost containment has become high political issues since financial crisis of the Korean Health Insurance fund in 2000. Korean Government has developed and implemented several measures to reduce the pharmaceutical expenditures. Pharmaceutical economic evaluation can be a tool in decision to allocate scare resource efficiently. In order to increase the quality of economic evaluation for pharmaceuticals, the Korean Health Insurance Review Agency(HIRA) is considering the development of a guideline for economic evaluation. It mandates that pharmaceutical companies could submit the result of an economic evaluation when demanding reimbursement of new pharmaceutical drugs. The purpose of this study is to provide a critical review of the economic evaluations of health care technologies published in the Korean context whether they have been performed according to current guidelines and therefore whether their results are directly useful for decision making. We found there exist important problems and deviation from, good practice' both in the general features of the studies, like the study design and perspective, and in terms of cost measurement and valuation. There are needs to develop clear guidelines and to educate and train researchers in performing economic evaluations.

An Efficient Economic Evaluation Method for Remodeling Project (리모델링 프로젝트의 효율적 경제성 평가방안)

  • Kim Kyoung-Joong;Woo Kyoung-Sub;Park Chan-Sik
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • pp.261-266
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    • 2001
  • Recently, remodeling has been introduced in the domestic construction industry as an alternative new construction. Its economic evaluation is the essential part of remodeling business. Therefore, this study has the purpose of presenting the method that is able to evaluate the actual value in the market. And this method can compare before & after value of remodeling in feasibility study. For this, this study reviews economic evaluation methods in construction and real estate fields and analysis their problem and merits & faults. With those facts, this study makes a mixed economic evaluation method that can be used in construction and real estate fields.

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Method and Procedure for Economic Evaluation of Improvement Activities

  • Kono, Hirokazu;Ichikizaki, Osamu
    • Industrial Engineering and Management Systems
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    • v.14 no.2
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    • pp.122-128
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    • 2015
  • The purpose of this paper is to propose an appropriate evaluation scheme for improvement activities, based on a simple model comprising cash inflow by sales as well as variable and fixed cost expenditures. The paper distinguishes capacity surplus and capacity shortage situations, and examines economic benefits gained by yield increase improvement and capacity increase. The paper then proposes a basic rule of thumb for economic evaluation of improvement activities. The logic is simple but useful in practice, being conducive towards improvement activities under current economic conditions with uncertainties.

A Research on Economic Evaluation of Public Web Service (공공 웹 서비스의 경제성 평가에 관한 연구)

  • 박정선
    • The Journal of Society for e-Business Studies
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    • v.6 no.2
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    • pp.57-71
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    • 2001
  • This paper provides an economic evaluation model for public web services which are mainly operated by government agencies. Though there are various services, this paper focus on services for bottleneck problem solving and management information providing. This paper suggests quantitative and qualitative effects of public web services and evaluates them with I-NET users using e-mail surveys. This Paper mv provide a guideline for the future investment on public web services.

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A Procedure for Economic Evaluation of Computerization of Office Works in Business (기업의 업무 전산화에 대한 경제성 평가 방법)

  • Park, Chun-Yeop
    • Asia pacific journal of information systems
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    • v.3 no.2
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    • pp.74-92
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    • 1993
  • The purpose of this paper is to propose a procedure for economic evaluation of computerization of the office works in business. In particular, this paper is concerned with how to estimate elemental costs and benefits attributable to the computerization of the office work. This paper includes also how to integrate the elemental costs and benefits so that measures for economic evaluation may be obtained.

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