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KMID : 0384920030120020099
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Korean Journal of Occupational Health Nursing
2003 Volume.12 No. 2 p.99 ~ p.109
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Cost-Benefit Analysis for Periodical Inspection of Press
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Kim Ji-Yun
Jung Hye-Sun
Yang Bong-Min
Kim Eun-Yeong
Choi Eun-Sook
Choi Sook-Ja
Kim Woo-Young
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Abstract
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Although occupational accidents caused by presses are found to be the highest in manufacturing industrial groups, there are no study regarding to annulment for periodical inspection of press.
The purpose of this study was to evaluate the economic benefit of periodical inspection of press for preventing accidents.
The cost-benefit analysis in this study was conducted to evaluate the relative magnitude of benefit to cost.
Study samples were 26 and years analysed were 1995, 1996, 1998 and 1999. Personal interviews with safety managers were held from October 7 to November 2, 2002.
Costs of the periodical inspection program were compared with the benefit of accident that caused by presses. Costs and benefits were calculated at an discount rate of 5%.
The benefit-cost ratio was 5.7. The sensitivity analysis for the discount rate, the number of press, and size of industry showed that every benefit-cost ratios were upper than one(1.0).
The results of this study suggested that periodical inspection for press is important program for preventing accident and the regulation for periodical inspection program should be reenforced by government.
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KEYWORD
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Press, Periodical inspection, Cost-benefit analysis
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