Product value analysis: a developed cost–benefit analysis ratio based on the Kano and PAF models

2020 ◽  
Vol 33 (1) ◽  
pp. 163-181
Author(s):  
Nassibeh Janatyan ◽  
Arash Shahin
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Integrative Approach ◽  
Value Analysis ◽  
Content Type ◽  
Cost Of Quality ◽  
Product Value ◽  
Strategic Role ◽  
Cost Benefit Ratio ◽  
The Cost

PurposeIn this study, an integrative approach of customer satisfaction and cost of quality has been proposed for the value analysis of products based on a cost–benefit ratio.Design/methodology/approachFor the integrative approach, Kano and prevention-appraisal-failure (PAF) models have been applied. By the proposed approach, the value of products can be analyzed according to customer viewpoints and cost of quality. Four products of a home appliance company have been used to examine the new approach.FindingsFindings indicate the priorities of the studied products as stove, TV, fridge and washing machine, respectively. Such a set of prioritized products plays a strategic role in the competitive advantage of the studied company.Research limitations/implicationsIn this study, the weights of the cost of quality items have been assumed as equal. Also, the costs of quality items were limited to the most important ones at the studied company. However, more cost of quality items might be considered in different case studies.Originality/valueIn this study, the Kano and PAF models have been considered simultaneously for product value analysis from the viewpoint of customers. In addition to the classic method of value analysis which is merely based on previous events, the proposed approach is typically proactive.

Functional benefits and cost/benefit analysis of continuous intrathecal baclofen infusion for the management of severe spasticity

2002 ◽  
Vol 96 (6) ◽  
pp. 1052-1057 ◽  
Author(s):  
Fiona C. Sampson ◽  
Andrew Hayward ◽  
Gillian Evans ◽  
Richard Morton ◽  
Beverly Collett
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Intrathecal Baclofen ◽  
Benefit Ratio ◽  
Content Type ◽  
Severe Spasticity ◽  
Life Years ◽  
Cost Benefit Ratio ◽  
The Cost ◽  
Fine Print

Object. Intrathecally delivered baclofen has been used as a treatment for severe spasticity since 1984. Despite this, there are uncertainties surrounding the benefits of treatment and the costs involved. The authors assessed the evidence of benefits and identified costs and the cost/benefit ratio for continuous intrathecal baclofen infusion in the treatment of severe spasticity. Methods. A systematic literature review was conducted to estimate the effect of continuous intrathecal baclofen infusion on function and quality-of-life (QOL) measures in patients with severe spasticity. Outcomes were related to standard QOL scores to estimate potential gains in quality-adjusted life years (QALYs). Information on the costs of continuous intrathecal baclofen infusion was obtained from hospitals in the United Kingdom. This information was combined to estimate the cost/benefit ratio for the use of continuous intrathecal baclofen infusion in patients with different levels of disability from severe spasticity. Studies indicate that bedbound patients are likely to improve their mobility and become able to sit out of bed. Patients with severe spasm-related pain are likely to have major improvement or complete resolution of this pain. Many other benefits are also reported. Such benefits are related to costs per QALY in the range of £6900 to £12,800 ($10,550–$19,570 US). Conclusions. In carefully selected patients who have not responded to less invasive treatments, continuous intrathecal baclofen infusion is likely to lead to worthwhile functional benefits. Continuous intrathecal baclofen infusion has an acceptable cost/benefit ratio compared with other interventions that are funded by the health service.

Understanding the disclosure of personal data online

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Heather J. Parker ◽  
Stephen Flowerday
Keyword(s):  
Social Media ◽  
Information Disclosure ◽  
Cost Benefit Analysis ◽  
Personal Information ◽  
Personal Data ◽  
Cost Benefit ◽  
Content Type ◽  
Privacy Violation ◽  
The Cost ◽  
Insight Into

Purpose Social media has created a new level of interconnected communication. However, the use of online platforms brings about various ways in which a user’s personal data can be put at risk. This study aims to investigate what drives the disclosure of personal information online and whether an increase in awareness of the value of personal information motivates users to safeguard their information. Design/methodology/approach Fourteen university students participated in a mixed-methods experiment, where responses to Likert-type scale items were combined with responses to interview questions to provide insight into the cost–benefit analysis users conduct when disclosing information online. Findings Overall, the findings indicate that users are able to disregard their concerns due to a resigned and apathetic attitude towards privacy. Furthermore, subjective norms enhanced by fear of missing out (FOMO) further allows users to overlook potential risks to their information in order to avoid social isolation and sanction. Alternatively, an increased awareness of the personal value of information and having experienced a previous privacy violation encourage the protection of information and limited disclosure. Originality/value This study provides insight into privacy and information disclosure on social media in South Africa. To the knowledge of the researchers, this is the first study to include a combination of the theory of planned behaviour and the privacy calculus model, together with the antecedent factors of personal valuation of information, trust in the social media provider, FOMO.

scholarly journals Cost-benefit Analysis of RAP Incorporated Stone Matrix Asphalt Mixtures

2019 ◽  
Vol 8 (3) ◽  
pp. 6146-6149
Keyword(s):  
Production Cost ◽  
Cost Benefit Analysis ◽  
Asphalt Mixture ◽  
Cost Benefit ◽  
Asphalt Mixtures ◽  
Public Works ◽  
Reclaimed Asphalt ◽  
Cost Benefit Ratio ◽  
And Performance ◽  
The Cost

It is desirable to incorporate Reclaimed Asphalt Pavement into the asphalt mixtures, which provides several benefits i.e. economic, environmental and performance. It is necessary to study, the economic analysis of the RAP since that incur several contingencies to the asphalt mixtures. In this study, a simple approach is used to evaluate the production cost of the asphalt and RAP incorporated asphalt mixtures. Apart from that Waste Vegetable Oil (WVO) is used as a rejuvenator to enhance the properties of the mixture. In this study, asphalt mixture production cost is evaluated and cost of each material is taken from the Public Works Department Standard Scheduled of Rates (PWD – SSR) and the market survey techniques are followed. From the cost-benefit ratio, it is observed that the reduction in the Optimum Binder Content (OBC) provides great economic savings to the production cost. The incorporation of the RAP reduced the asphalt content and reduced the production cost of the asphalt mixtures. The addition of the WVO further reduced the OBC but increased the production cost compared to the non-rejuvenated mixture. The increase in the production cost is due to the extra cost invested on the WVO and other contingencies.

scholarly journals Physical location of smart key activators – a building security penetration test

2018 ◽  
Vol 20 (2) ◽  
pp. 138-151 ◽  
Author(s):  
Jan-Willem Bullee ◽  
Lorena Montoya ◽  
Marianne Junger ◽  
Pieter Hartel
Keyword(s):  
Security Policy ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Social Engineering ◽  
Benefit Analysis ◽  
Security Measures ◽  
Penetration Test ◽  
Content Type ◽  
Smart Systems ◽  
The Cost

Purpose When security managers choose to deploy a smart lock activation system, the number of units needed and their location needs to be established. This study aims to present the results of a penetration test involving smart locks in the context of building security. The authors investigated how the amount of effort an employee has to invest in complying with a security policy (i.e. walk from the office to the smart key activator) influences vulnerability. In particular, the attractiveness of a no-effort alternative (i.e. someone else walking from your office to the key activators to perform a task on your behalf) was evaluated. The contribution of this study relates to showing how experimental psychology can be used to determine the cost-benefit analysis (CBA) of physical building security measures. Design/methodology/approach Twenty-seven different “offenders” visited the offices of 116 employees. Using a script, each offender introduced a problem, provided a solution and asked the employee to hand over their office key. Findings A total of 58.6 per cent of the employees handed over their keys to a stranger; no difference was found between female and male employees. The likelihood of handing over the keys for employees close to a key activator was similar to that of those who were further away. Research limitations/implications The results suggest that installing additional key activators is not conducive to reducing the building’s security vulnerability associated with the handing over of keys to strangers. Originality/value No research seems to have investigated the distribution of smart key activators in the context of a physical penetration test. This research highlights the need to raise awareness of social engineering and of the vulnerabilities introduced via smart locks (and other smart systems).

Contribution to the investment evaluation in terms of the forest fires prevention using the cost-benefit analysis method

2017 ◽  
Vol 28 (5) ◽  
pp. 651-663 ◽  
Author(s):  
Samah Mokhtari ◽  
Mebarek Djebabra ◽  
Djamel Bellaala ◽  
Wafa Boulagouas
Keyword(s):  
Forest Fires ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Prevention Measures ◽  
Suggested Approach ◽  
Content Type ◽  
Investment Evaluation ◽  
Reduction Measure ◽  
The Cost

Purpose The purpose of this paper is to valorize the contribution of the cost-benefit analysis (CBA) method in the evaluation of the prevention measures of forest fires. Design/methodology/approach The suggested approach is based on the economic analysis of the forest fires’ risks using the CBA which has become inevitable in risk analysis’ domain. Findings The suggested approach shows the interest of the CBA method in the sense that each reduction measure of the forest fires’ risk eliminates the potential damages and, therefore, it is likely to generate benefits for the company in terms of avoided damages on the territory that is concerned by these measures. Practical implications It consists in comparing on time, the benefit generated by a reduction measure of a forest fires’ risk and its implementation cost. This comparison gives an important focus on the economic relevance of such a reduction measure of forest fires’ risk. Originality/value The question is to highlight the importance of both: the investment in terms of forest fires and the allocation of this investment on various preventive measures of forest fires.

scholarly journals Comparative study on the cost benefit between indigenous and cross bred cows reared in rural area of Dinajpur District

1970 ◽  
Vol 39 (1-2) ◽  
pp. 191-196 ◽  
Author(s):  
MM Islam ◽  
AH Topader ◽  
A Rob
Keyword(s):  
Comparative Study ◽  
Dairy Cows ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Relevant Information ◽  
Benefit Ratio ◽  
Crossbred Cows ◽  
Cost Benefit Ratio ◽  
The Individual ◽  
The Cost

A comparative study on cost benefit analysis of crossbred and indigenous cows reared under the small holder dairy was conducted in Dinajpur district of Bangladesh. A total of 70 dairy cows (20 crossbred and 50 indigenous) from rural level small and marginal dairy farmers (1-3 cows) were selected. Relevant information from the individual milk producers have been collected through personal interrogation method with the help of a structured data collection questionnaire prepared for the study. The cost involvement for feed, treatment and medication of crossbred cows were significantly higher (P<0.01) than the indigenous dairy cows. The per day milk production was found 1.86 ± 0.57 liter in indigenous cow whereas 5.94 ± 3.49 liter was in crossbred cows and income level from milk yields of crossbred cows were 3.19 times higher than the indigenous cows. The cost benefit ratio of rising crossbred and indigenous dairy cows were 1.19 and 1.26, respectively. The current rearing cost of crossbred cows is 2.71 times higher than indigenous cows. Considering the other traits it may be concluded that the raising of crossbred cows was more economic than the raising of indigenous cows. Since crossbred cows were more economical and gave higher yield than the indigenous cows inclusion of a few crossbred cows can increase the income of a dairy entrepreneur which improve the livelihood and provide round the year employment of its family labour. Key words: Cross bred cows; Indigenous cows; Income; expenditure; Cost benefit ratio DOI: http://dx.doi.org/10.3329/bjas.v39i1-2.9696 Bang. J. Anim. Sci. 2010, 39(1&2): 191-196

scholarly journals Conceptualizing and qualifying disruptive business models

2019 ◽  
Vol 54 (3) ◽  
pp. 269-286 ◽  
Author(s):  
Giovana Sordi Schiavi ◽  
Ariel Behr ◽  
Carla Bonato Marcolin
Keyword(s):  
Business Model ◽  
Business Models ◽  
Semantic Analysis ◽  
Cost Benefit ◽  
Singular Values ◽  
Content Type ◽  
Depth Analysis ◽  
Cost Benefit Ratio ◽  
The Cost ◽  
Validation Tool

Purpose This paper aims to elaborate a set of characteristics that conceptualize and qualify a disruptive business model. Design/methodology/approach The literature on disruptive business models will be analyzed using the latent semantic analysis (LSA) technique, complemented by content analysis, to obtain a more precise qualification and conceptualization regarding disruptive business models. Findings The results found described concepts already described in the theory. However, such findings, highlighted by the LSA, bring new perspectives to the analysis of the disruptive business models, little discussed in the literature and which reveal important considerations to be made on this subject. Research limitations/implications It should be noted, about the technique used, a limitation on the choice of the number of singular values. For this to be a problem in the open literature, the authors tried to work not just with the cost-benefit ratio given the addition of each new dimension in the analysis, as well as a criterion of saturation of the terms presented. Practical implications The presentation of this set of characteristics can be used as a validation tool to identify if a business is or is not a disruptive business model by managers. Originality/value The originality of this paper is the achievement of a consolidated set of characteristics that conceptualize and qualify the disruptive business models by conducting an in-depth analysis of the literature on disruptive business models through the LSA technique, considering the difficulty of obtaining precise concepts on this subject in the literature.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

What's it Worth? Improving Surface Water Quality

1999 ◽  
Vol 40 (10) ◽  
pp. 153-159 ◽  
Author(s):  
D. H. Newsome ◽  
C. D. Stephen
Keyword(s):  
Water Quality ◽  
Surface Water ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Surface Water Quality ◽  
Control Measures ◽  
Benefit Analysis ◽  
The Cost

Many countries are investing in measures to improve surface water quality, but the investment programmes for so doing are increasingly becoming subject to cost-benefit analysis. Whilst the cost of control measures can usually be determined for individual improvement schemes, there are currently no established procedures for valuing the benefits attributable to improved surface water quality. The paper describes a methodology that has been derived that now makes this possible.

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