• Journal of the Korea Institute of Building Construction
• /
• v.15 no.6
• /
• pp.569-577
• /
• 2015

Recently, the concept of seismic design has changed from prescriptive to performance based design. For the performance based design with the specified target performance of the structure, it is necessary to execute the inelastic structural analysis to predict precisely the actual behavior of the structure. To address this issue, the seismic performance of the 5-story RC moment-resisting frames designed in accordance with KBC2009 is evaluated through push-over analysis and economic analysis is conducted focused on the direct construction costs. The results show that the ordinary and the intermediate moment-resisting frame are evaluated to meet the required performance design criteria and that the direct construction costs of the two frames are similar. However, although the special moment-resisting frame designed with strong column-weak girder philosophy satisfies the required performance design criteria, the direct construction cost is uneconomical compared with other frames. Therefore, although the intermediate moment-resisting frame of design category D is prohibited in IBC2012, the ordinary and the intermediate moment-resisting frame are estimated to be more reasonable than the special moment-resisting frame for the design of 5-story RC moment-resisting frame.

• The Journal of the Korea Contents Association
• /
• v.16 no.11
• /
• pp.421-433
• /
• 2016

Recently, although the interest in transfer and transactions of intangible assets increases, there is no valuation model to objectively assess market value of knowledge and information contents such as electronic databases and the necessity of researches associated is brought up. Therefore, the present study proposes valuation models so as to utilize as objective reference information in the contents market of intangible assets, by assessing the market value of science and technology information contents including patents, academic papers and reports. First, we look into application methods of calculating cash flows by content types out of key variables which has been applied to the present technology valuation, and in case of patents we propose valuation methods based on concepts which are applied in the present technology valuation. Next, in case of both papers and reports, in order to reflect the characteristics of these contents we newly propose qualitative valuation methods which are adjustable based on both technology innovation and market demands indices while estimating the economic life cycle of the technology, and also present the input cost-based calculation method as the calculation method of cash flows. Throughout the study, we could establish frameworks by technology fields and business models applicable such as copyright licensing, transactions of individual science and technology information contents, and expect that more objective and reasonable assessment of content values is accessible.

• Journal of Navigation and Port Research
• /
• v.30 no.6 s.112
• /
• pp.465-470
• /
• 2006

Nowadays, vessel's size is tending to bigger, Therefore port facilities are developed according to this trend, which has been shown in the competition of Hub-Port among the main ports such as Port of Busan and Port of Shanghai. However there are the limited number of large containerships more specifically so 70% of the total ships calling at Busan Port are small and medium sized ships which are less than 20,000 ton As a result, it is necessary to consider the handling facilities of these ships which had been disregarded The big size of facilities increases handling cost bemuse of high investment so it is possible for small and medium sized ships to have disadvantages financially and avoid calling. In this paper, we estimate the propriety of utilization of crane and labor according to the size of vessels after analyzing time value cost, reflecting the size of vessels, size and number of crane and labor structure, and container handling cost value.

• The Journal of The Korea Institute of Intelligent Transport Systems
• /
• v.14 no.2
• /
• pp.54-68
• /
• 2015

The advantage of electric taxies is that people who are not familiar with electric vehicle(EV) can have easily experience to ride EV. So, EV taxi would be a reasonable strategy for triggering EV market expansion. However, the EV taxi can be adopted by taxi companies with financial benefits. Therefore the feasibility study should be required by analyzing the cost with the points of view of the taxi company. In this study we suggested the methodology for feasibility study of the EV taxi based on the real taxi data and presented political implication. According to the study result, EV taxies could have economic value under the specific conditions such that the government subsidy is added to the purchase price of the vehicle. Also, the charging time should be used as drivers' rest time or mealtime in order not to consider the loss cost. We suggest that the new feasibility study which compares an EV taxi with other alternative vehicles such as PHEV or with an old EV taxi is needed as the future works.

• The Journal of the Korea institute of electronic communication sciences
• /
• v.10 no.11
• /
• pp.1271-1276
• /
• 2015

The recent trend is that diesel power generation on islands where its prime cost for power generation is high is replaced by new and renewable energy. Therefore, south Jeolla province is progressing the construction project of self-sufficient islands for the areas where power is supplied by depending on diesel generators, which is the project that power is supplied through eco-friendly energy source using sunlight, wind power and energy storage device etc. However, it is difficult to construct new and renewable energy source with the capacity to respond to the load perfectly due to its environmental and geographical conditions regarding capacity design of new and renewable energy. Besides, Microgrid design considering appropriate capacity design of the system components and efficient operation is required through the analysis of climate conditions and load patterns from the design stage for optimal composition of a hybrid system with economic feasibility. Therefore, this study is aimed to conduct a research on optimal combination, capacity calculation and economic feasibility by comprising a hybrid power generation system which will replace 40% of power generation by diesel as new and renewable energy source for Geomun Island where has more than 300 households and requires expansion of the facility among islands located in southwest coast.

• Journal of Korean Society for Geospatial Information Science
• /
• v.23 no.4
• /
• pp.35-41
• /
• 2015

Real estate appraisal methods include profit-based, cost-based and comparison-based measures. The purpose of this study is to scientifically quantify the comparison-based method mostly utilized in valuating real estate property among the appraisal methods. The comparison method is to estimate the value of target property from other previously-traded property cases by comparing and adjusting their temporal gap, spatial gap and space-time gap. In appraisal practices, this comparison method is used generally for land property. If based on previous transactions; prices, time point of transaction, region and individual factors were analyzed to valuate. If based on official land values; official value, time point, region and individual factors are analyzed. Of these, the individual factors are an important process of comparing individual characteristics where real estate appraisers' subjective assessment could intervene. Though appraisers, as experts make generally precise assessment, still, it is a subjective judgment open to difference between appraisers themselves, causing disputes from time to time. In this recognition, the study seeks to quantify such a subjective assessment of appraisers by running GIS analysis on individual factor components including street condition, access condition;and plotting condition.

• Environmental and Resource Economics Review
• /
• v.21 no.1
• /
• pp.93-127
• /
• 2012

We estimate how much KEPCO can save their loss and how much social welfare can be increased by applying the real-time pricing instead of current regulated retail price in the electricity market in order to analyze the problem of the regulated retail price which is fixed below the marginal cost. We estimate the demand functions of peak time and off-peak time in summer (June to August) and winter (December to February). We construct the supply function based on hourly step-wise linear marginal cost functions, too. We find that the increase of social welfare will be 67 billion won in summer if the fixed retail price is changed into the real-time pricing scheme. The total 705 billion won will be transferred from consumer surplus to producer surplus and the rest (67 billion won) will be saved from the reduction of deadweight loss among KEPCO's loss. In winter, the increase of social surplus will be 225 billion won and 1,174 billion won of KEPCO's loss will be transferred from consumer surplus. As a result, we conclude that the regulation of the retail price in the electricity market induces the social welfare loss and KEPCO suffers a huge loss.

• Korean Chemical Engineering Research
• /
• v.56 no.5
• /
• pp.655-662
• /
• 2018

To respond effectively to climate change following the launch of the new climate system, the government is seeking to expand the use of distributed power resources. Among them, the district heating system centered on Combined Heat and Power (CHP) is accepted as the most realistic alternative. On the other hand, the government recently announced the change of energy paradigm focusing on eco-friendly power generation from the base power generation through $8^{th}$ Basic Plan for Long-term Electricity Supply and Demand(BPE). In this study, we analyzed the quantitative effects of profit and loss on the CHP operating business by changing patterns of the heat production, caused by the change of energy paradigm. To do this, the power market long-term simulation was carried out according to the $7^{th}$ and $8^{th}$ BPE respectively, using the commercialized power market integrated analysis program. In addition, the CHP operating model is organized to calculate the power and heat production level for each CHP operation mode by utilizing the operating performance of 830MW class CHP in Seoul metropolitan area. Based on this, the operation optimization is performed for realizing the maximum operating profit and loss during the life-cycle of CHP through the commercialized integrated energy optimization program. As a result, it can be seen that the change of the energy paradigm of the government increased the level of the ordered power supply by Korean Power Exchange(KPX), decreased the cost of the heat production, and increased the operating contribution margin by 90.9 billion won for the 30 years.

• Journal of the Korea Institute of Building Construction
• /
• v.15 no.2
• /
• pp.237-247
• /
• 2015

The project management information system (PMIS) has recently been developed by using the information technology(IT) in order to implement advanced information management technology to construction industry in Korea. The PMIS has been applied not only to domestic construction projects, but also to some overseas projects executed by Korean construction companies. This study was performed to develop the PMIS that is tailored to the US construction IT market. It has been monopolized by the US-based IT companies, but other companies are recently emerging with competitive technology and market strategy. As a preceding study, existing commercially available systems were analyzed, and the required features of the PMIS were identified by analyzing the core elements of contract, process and cost management about construction projects in the US. Then, the PMIS was developed based on the aforementioned analysis results. The system includes the document management module with an internal electronic approval system, the cost-plus-based automatic labor cost calculation module, and the progress management module to support the integrated project cost management. In addition, the functionality of the developed system was verified by experts about construction management in the US via questionnaire survey. The developed PMIS, in this study, is expected to be applied not only to the US construction IT market as a system specialized for the US construction industry, but also to other oversea markets in the future.

• Journal of the Korea Institute of Building Construction
• /
• v.15 no.4
• /
• pp.425-431
• /
• 2015

Since the construction of Kori 1 was completed in 1978, the construction projects for nuclear power plant are increasingly expanded into domestic and foreign sites. However, some of construction sites of nuclear power plant have the problems of process delay and cost loss due to lack of ability of risk management. The construction of reactor containment building in nuclear power plant is especially dotted with many risk factors because it needs professional skills and large-scale resources due to long duration compared with different construction phase. Therefore, it needs the study that analyzes risk factors expected in construction of reactor containment building and suggests way of stable performance of projects. So, this study assesses risk factors of construction of reactor containment building. For the objectives, this study uses survey for group of minority specialists of 36 experts. The risks of 24 factors is classified by criterions of process, cost, safety, and quality and the results of assessment is analyzed by analytic hierarchy process. As the results, the importance and priority of risk factors classified by each criterion were calculated and the applicability of analytic hierarchy process was identified to analyze risk factors of nuclear power plant construction. These will be baseline data for risk management in construction phase of reactor containment building.