scholarly journals INNOVATIVE COMPUTERIZED METHODSWITH OPERATIONS RESEARCHTO IMPROVE INDIAN COAL MINING

Because of geological incongruities of reserves, planning and operations of mines are different in each case. A research study was done from IIT(ISM) Dhanbad for developing computerized method studies for better performance and monitoring of a coal company. The research has also developed models for cost-benefit analysis of improved systems of mining operations on ground realities and database creation. The researchwas carried out by analyzing existing mines for developing model programsfor improvements. India has 320 billion tonnes of coal reserves and it is 7 percent of the reserve of the world. The energy consumption in India is about one-third of the world average and 60 percent of the installed capacity of energy in the country is based on thermal plants.The research has developed data-based computer methods in 14 original models; for result-oriented planning for multi-project scheduling and monitoring.Once, the techno-economics of coalmine reorganization is finalized, viz. programs run, scheduling of activities and monitoring for completion become valuable. Research conducted caused better performance and profit for the company.

2020 ◽  
Author(s):  
Binay Kumar Samanta ◽  
Dharavath Ramesh

Abstract Mining engineering is the most dangerous peace-time profession in the world. Primary Organization for coal mining in India is Coal India and extensive research has been conducted to improve performance. Development computerized methods emphasize better project scheduling, and converting scheduling and monitoring of a project in common package format for the multi-projects of a company The authors have also developed models for cost benefit analysis of improved systems of mining operations on ground realities and database models. The authors have developed for viable mining data-based computer methods in 14 original models, of which few are detailed for lack of space. India has 320 billion tonnes of coal reserve and it is 7 per cent of the reserve of the world. The energy consumption in India is about one-third of the world average and 60 per cent of installed capacity of energy in the country is based on thermal plants.


2010 ◽  
Vol 213 ◽  
pp. F39-F44 ◽  
Author(s):  
Ray Barrell ◽  
Dawn Holland ◽  
Dilruba Karim

The financial crisis that started in mid-2007 enveloped the world economy and caused a serious recession in most OECD countries. It is widely believed that it has also left a scar on potential output because it will have raised perceptions of risk and hence reduced the sustainable capital stock people wish to hold. It is inevitable that policymakers should ask what can be done to reduce the chances of this happening again, and it is equally inevitable that the banks would answer that it is too costly to do anything. There are four questions one must answer before it is possible to undertake a cost-benefit analysis of bank regulation. The first involves asking what are the costs of financial crises? The second involves asking what are the costs of financial regulation? The third involves asking what causes crises? The fourth, and perhaps the most important, involves asking whether regulators can do anything to reduce the risk of crises? Our overall approach to these issues is spelled out in a report written for the FSA in the aftermath of the crisis (see Barrell et al., 2009).


2014 ◽  
Vol 6 (1) ◽  
pp. e2014012 ◽  
Author(s):  
Ariel Koren ◽  
Lora Profeta ◽  
Luci Zalman ◽  
Haya Palmor ◽  
Carina Levin ◽  
...  

Background:β Thalassemia major is characterized by hemolytic anemia, ineffectiveerythropoiesis and hemosiderosis. About 4 % of the world population carries a Thalassemiagene. Management includes blood transfusions and iron chelation, this treatmentis costly and population screening may be significantly more cost benefit. Purpose: Thepurpose of the current study is to analyze the cost of running a preventionprogram for β Thalassemia in Israel and compare it to the actual expensesincurred by treating Thalassemia patients. Methods: Threecost parameters were analyzed and compared: The prevention program, routinetreatment of patients and treatment of complications. An estimation of theexpenses needed to treat patients that present with complications werecalculated based on our ongoing experience in treatment of deterioratingpatients. Results andConclusions: The cost of preventing one affected newborn was $63,660 comparedto $1,971,380 for treatment of a patient during 50 years (mean annual cost:  $39,427). Thus, the prevention of 45 affectednewborns over a ten years period represents a net saving of $88.5 million tothe health budget. Even after deducting the cost of the prevention program ($413.795/yr.), the program still represents abenefit of $ 76 million over ten years. Each prevented case could pay thescreening and prevention program for 4.6 ys.


SURG Journal ◽  
2012 ◽  
Vol 6 (1) ◽  
pp. 31-40
Author(s):  
Hubert Cheung

East Africa is home to some of the most stunning wildlife in the world. With tourism in the region’s wildlife parks growing in popularity, it is imperative to evaluate the socioeconomic and environmental costs and benefits of this expanding industry. This study conducted a cost-benefit analysis of the various impacts that tourism has brought to Kenya’s national parks by monetarily valuating each impact. While the results of this cost-benefit analysis suggest that the benefits far outweigh the costs, even when non-measurable costs are considered, a number of fundamental issues must be addressed in order to improve the cost-benefit balance. The results are likely to be representative of the overall state of tourism in Kenya’s national parks and expose key areas where improvements can be made. Improvements to tourism in Kenya’s national parks can have positive implications for local people, the environment, wildlife species, tourists, and biodiversity conservation. Keywords: tourism; national parks; Kenya; cost-benefit analysis


2019 ◽  
Vol 50 (1) ◽  
pp. 94-120
Author(s):  
Katayoun Shafiee

A burgeoning scholarship has taken seriously the use and management of the world’s fresh water as a site of critical investigation, highlighting the contribution of science and technology studies in making the infrastructural life of water visible. However, studies say little about the calculative terms of the decision-making process involved in infrastructural appraisal which are often taken for granted as something inevitable. This article examines the unexpected and remarkable role that cost-benefit analysis played in governing Iran’s democratic future through the assembling of a dam in the mid-20th century. Indeed, cost-benefit analysis traveled the world via flows of water. I investigate the ways in which the calculation of risk generated by the device of cost-benefit analysis of neoclassical economics became over several decades the most influential language for explaining and organizing the relationship between humans and nature in southwest Iran. The waters of the Dez River and other major rivers of the world shaped the building of large-scale infrastructural projects around dams, but they were simultaneously entangled with the production of economic information about the costs and benefits to local areas, making possible the development of new methods of governing democracies in terms of risk. US-based government aid agencies, institutions of global economic governance, private American investors, engineers, and agricultural scientists converged in a small corner of Iran to transform the region, its water, and its farmers into a laboratory of grass-roots democracy for a profit.


2019 ◽  
Vol 10 (1) ◽  
pp. 124-144 ◽  
Author(s):  
William A. Ward

Two cost-benefit analysis methods developed from differing economic situations and analytical objectives in the 1960s and 1970s. The Trade Policy Approach of Ian Little and James Mirrlees analyzed international competitiveness of projects producing private goods and physical infrastructure in markets severely distorted by trade protectionism; it was adopted in 1975 by the World Bank; the multilateral regional development banks followed suit. The Public Finance Approach of Arnold Harberger developed from comparative statics analyses of public projects and policies in the United States and was adopted at the US Agency for International Development and in several Latin American countries. The original Trade Policy Approach included social analysis too tedious for everyday application, leading an efficiency-only version to emerge and be popularized by teaching materials from Price Gittinger and colleagues in the World Bank’s Economic Development Institute. It proved the right method for World Bank use until Washington Consensus reforms, the GATT and WTO reduced price distortions, and slowly restored private international financial flows gave private industry access to international private investment capital. Official Development Assistance (ODA) portfolios responded by refocusing on public goods and market failures, leading to decreased utility of the Trade Policy Approach and decreased use of cost-benefit analysis at the World Bank. A 1990s drive in the World Bank to switch from the Trade Policy Approach to the increasingly relevant Public Finance Approach resulted in an internal manual and operational guidelines, but not a book from a distinguished university press, commonly presumed to signal official Bank policy. It is time for that long-overdue book to be published.


2020 ◽  
Vol 12 (14) ◽  
pp. 5555
Author(s):  
Peter Söderbaum

Essential principles of democracy are threatened in many parts of the world. In mainstream economics textbooks, reference to democracy is marginal or non-existent. At issue is if economics as a discipline can contribute to strengthen democracy in policy-making and decision situations more generally. In this essay, it is proposed that democracy becomes part of the definition of economics. While mainstream neoclassical cost–benefit analysis (CBA) is criticized as being technocratic, positional analysis (PA) connected with institutional ecological economics is advocated and presented with its essential elements. While a specific ideological orientation with emphasis on markets is built into CBA, PA represents an attempt to identify more than one ideological orientation or narrative as relevant among actors related to an issue. This is part of an attempt to carry out a many-sided analysis. If we wish to make the 17 UN Sustainable Development Goals (SDGs) part of analysis, then multidimensional thinking is needed. PA is an attempt to avoid the “monetary reductionism” of CBA in favor of an analysis where monetary and non-monetary impacts (of different kinds) are separated and where, particularly on the non-monetary side, issues of inertia and irreversibility of impacts are observed.


2021 ◽  
Vol 4 (3) ◽  
Author(s):  
Donny Yoesgiantoro ◽  
◽  
Johan Fahrizki ◽  
Imam Supriyadi

Indonesia is the largest palm oil producer in the world and West Kalimantan Province is the second largest province in the palm oil industry with an area of 1.8 million hectares of plantation land. In palm oil processing at the plant, several types of waste are produced. One of them is liquid waste called Palm Mill Oil Effluent (POME). POME can be used as biogas with an Anaerobic Biological process. Biogas that has been purified and packaged in high pressure tubes is called Bio-CNG. Methane gas levels in Bio-CNG are 96-98% and CO² gas is 2-3%. The province of West Kalimantan has limited electricity infrastructure, so it relies a lot on diesel power plants (PLTD) to generate electricity. The installed capacity of PLN UIW West Kalimantan in 2019 is 211,713 KW with a PLTD capacity of 125,768 KW or 59% of the total installed capacity. The use of fossil energy sources cannot be sustained because Indonesia's oil production continues to decline and imports of fuel continue to increase. Therefore, this study aims to analyze the costs and benefits of POME into Bio-CNG as a substitute for HSD fuel in PLTD with the CBA (Cost Benefit Analysis) method. The result shows that the potential of POME energy into Bio-CNG in West Kalimantan Province meets the needs of PLTD PLN UIW West Kalimantan as a substitute for HSD fuel. In addition, based on the cost and benefit analysis that has been carried out on the Bio-CNG project obtained a greater value of benefits than the cost, so that the utilization of POME into Bio-CNG as a substitute for HSD fuel in PLTD is feasible to run.


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