Cost–Benefit with Risk Analysis

A large body of knowledge covering enterprise integration architectures, modelling, and methodologies (EIAM&M) has been developed covering various types of enterprises. Most viewpoints have been either static or cycle based, with the major drivers being design and implementation of computer integrated manufacturing (CIM) plant and major engineering projects including virtual enterprises (Bernus & Nemes, 1996, p. 377- 450; Whitman & Huff, 1997; Williams, Rathwell, & Li, 2001).

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Cost-Benefit and Risk Analysis

Forecasting and Management of Technology ◽

10.1002/9781118047989.ch10 ◽

2011 ◽

pp. 248-276

Keyword(s):

Risk Analysis ◽

Cost Benefit ◽

Benefit And Risk

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Implementing an Information System Strategy: A Cost, Benefit, and Risk Analysis Framework for Evaluating Viable IT Alternatives in the US Federal Government

International Journal of Communications Network and System Sciences ◽

10.4236/ijcns.2018.116007 ◽

2018 ◽

Vol 11 (06) ◽

pp. 105-132

Author(s):

Sofia E. Espinoza ◽

Joan S. Brooks ◽

John Araujo

Keyword(s):

Information System ◽

Risk Analysis ◽

Federal Government ◽

Cost Benefit ◽

Analysis Framework ◽

The Us ◽

Us Federal Government ◽

Benefit And Risk

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Risks of Risk Decisions

Science ◽

10.1126/science.208.4448.1114 ◽

1980 ◽

Vol 208 (4448) ◽

pp. 1114-1119 ◽

Cited By ~ 119

Author(s):

Chauncey Starr ◽

Chris Whipple

Keyword(s):

Risk Assessment ◽

Risk Analysis ◽

Decision Process ◽

Cost Benefit ◽

Risk Assessments ◽

Individual Risk ◽

Financial Cost ◽

Technological Risk ◽

Risk Criteria ◽

Analytical Approaches

The analytical approaches utilized for evaluating the acceptability of technological risk originate from analogies to financial cost-benefit risk analysis. These analogies appear generally valid for viewing risk from a societal basis, but are not applicable to individual risk assessments. Conflicts arising from these different views of risk assessment provide insights to the origins of individual, intuitive evaluations. Societal risk decisions made under conflict represent political compromises, and the resulting decision process creates substantial conflict costs. The pragmatic use of quantitative risk criteria (safety targets) may be useful in reducing these costs.

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ACTUAL PROBLEMS OF POPULATION HEALTH RISKS MANAGEMENT IN RUSSIA

Hygiene and Sanitation ◽

10.18821/0016-9900-2018-97-6-572-575 ◽

2018 ◽

Vol 97 (6) ◽

pp. 572-575 ◽

Cited By ~ 3

Author(s):

V. N. Rakitskiy ◽

Simon L. Avaliani ◽

T. A. Shashina ◽

N. S. Dodina

Keyword(s):

Public Health ◽

Risk Management ◽

Risk Analysis ◽

Health Risks ◽

Cost Benefit ◽

Management Activity ◽

Impact Reduction ◽

The Government ◽

Business Entities ◽

The Impact

In the article there are defined the main tasks of risk analysis and its main component - risk management, which make it possible to develop economically efficient measures, aimed at the impact reduction of environmental harmful factors for public health based on the analysis of market driven approaches «cost-benefit» and «cost-effectiveness». As well there are emphasized significant fundamental changes in the area of the legislative support of management activity, focused on sanitary and epidemiological welfare of the population. The implementation of risk-focused approach to the practice of means of control and supervision to the government of Russian Federation is an integral part of control reformation system of different nature. The key problems of public health risk management in Russia are defined and the main ways of their solution are discussed. Thus, the development of reliable and scientifically based classifications of hazard level for objects requires clear criteria for supervision of assessing objects. Classes of business entities should reflect the leading risk factors, which discovered in the controlled areas. In the justification of risk from the probability (frequency) of violations of the mandatory requirements of sanitary legislation required the inventory of all consequences of the breach of sanitary legislation for each object of supervision and their ranking according to the degree of hazard. It is pointed out, that the movement towards to the technological regulation of air pollution emissions, including indicators of the Maximum Achievable Control Technology or (MACT) is a progressive management method, which requires an analysis with the use of MACT from the perspective of achieving acceptable risk levels, as well as an assessment of the effectiveness of alternative measures to reduce emissions, including MACT. It was noted, that on the basis of comparative risk analysis, it is possible to assess not only the risk to human health, but also the environmental risk to the ecosystem and its components, as well as the risk associated with the violation of the quality and living conditions. It is seen the interaction of concerned parties in the development of solutions management of health risks from environmental factors.

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Profitability and Risk Analysis of Catfish Farming Breeding Business in Sleman District, Sleman Regency, Yogyakarta

Journal of Economics and Business ◽

10.31014/aior.1992.04.03.386 ◽

2021 ◽

Vol 4 (3) ◽

Author(s):

Hasa Nurrohim KP ◽

◽

Hani Subagio ◽

Shinta Heru Satoto

Keyword(s):

Risk Analysis ◽

Cost Benefit ◽

Production Costs ◽

Cost Ratio ◽

Fixed Costs ◽

Gross Margin ◽

Income Risk ◽

Benefit Cost Ratio ◽

Profitability Analysis ◽

Internal And External Factors

This study aims to analyze the profitability and risk of the catfish breeding business in the catfish farmer group in Sleman district, Sleman district, Yogyakarta. Respondents were selected using the census method because the number of population members was less than 30 people. The results of the profitability analysis using the Expense Structure Ratio (ESR), show that the ESR is 0.041, which means that the fixed costs used in production are 4.1% of the total cost. Benefit Cost Ratio (BCR) of 1.304 which shows that every 1 Rupiah in catfish farming investment will generate a profit of 30.4%. The results of the Gross Margin Ratio of 0.265 indicate that the breeding cultivation business provides a gross margin of 26.5% of the remaining income after paying direct costs related to production. From the results of the risk analysis, it was found that the income risk opportunities faced were 14.4% in each harvest season, the magnitude of the risk opportunities due to the increase in feed prices was 5.55%, and the risk of loss due to production fluctuations was 0.28. This study recommends that catfish farming farmers need to ensure the expenditure of production costs and strive to overcome risks both from internal and external factors.

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