• Title/Summary/Keyword: Benefit Estimation

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A Study on the Benefit Estimation of MMC VSC-HVDC System (MMC VSC-HVDC의 경제성평가에 관한 연구)

  • Sun, Hwi-il;Park, Seong-Mi;Yoo, Dong-Wook;Park, Sung-Jun
    • Journal of the Korean Society of Industry Convergence
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    • v.23 no.1
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    • pp.65-71
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    • 2020
  • Recently, interest in the DC transmission is rapidly increasing worldwide. In many countries and leading companies are prior to the aggressive development of HVDC technology and application. Especially, VSC-HVDC system has been widely applied to transfer power at long distance between power plant and power consumption area. Therefore in this paper, we analyzed the benefit-cost of VSC-HVDC system which has more advantages than existing transmission system. The proposed system is MMC(Modular Multilevel Converter) VSC-HVDC system that have stability of Power Grid, interconnect Large-scale New Power Generation Plants by prevents Blackout. And MMC VSC-HVDC system Reduced the loss importing foreign systems. And the benefits were calculated in four stages, and the costs were applied to the actual project. By evaluating the various avoidance costs compared to the benefit-cost, it was confirmed that MMC VSC-HVDC system was advantageous in system stability and economic and social benefits.

Estimation of Development Valuation at Marine Tourism complex (해양레저관광단지의 개발가치 추정)

  • Jang, Woon-Jae;Keum, Jong-Soo
    • Proceedings of KOSOMES biannual meeting
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    • 2008.05a
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    • pp.69-74
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    • 2008
  • The aim of this paper is to calculation benefit cost for development of Hwawon leisure & tourism complex. To calculation benefit cost, this paper propose a advanced travel cost method(ATCM) which is to consider Improved travel cost method(ITCM) and variable traffic units with confidence degree cf decision-maker. At the result of calculation, total benefit costs are 292805 million won at 52% of confidence degrees and 10% discount rates.. Also total benefit cost is 304517 million won at 4% of GDP growth rate is 4%.

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A Study on Setting Methods of Economic Level of Leakage in Water Pipe Networks (상수도 관망에서의 경제적인 누수관리목표 산정 방안 연구)

  • Hwang, Jinsoo;Choi, Taeho;Lee, Doojin;Koo, Jayong
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.3
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    • pp.237-248
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    • 2017
  • The estimation method of economical leakage management target utilized upon planning business for improvement of revenue water ratio in South Korea is presented and applicability of methods developed in this study is assessed through application on site. With a consideration of revenue water ratio in application target area, estimation method of long-term economical leakage management target is applied. Three leakage reduction methods such as replacement of residual aged pipe, leakage investigation and restoration and water pressure management are applied with a consideration of characteristics of site. Due to difficulty of obtaining data, analysis of cost/benefit by leakage reduction methods is performed by applying method of leakages estimation equation among statistical methods. As a result of application, revenue water ratio corresponding to long-term economical leakage management target is 91.6 %.

Study on Influence of Water Fluoridation Program on the Economic Benefit (상수도수불화사업의 경제적 편익에 대한 조사연구)

  • Park, Myung-Suk;Yoo, Wang-Keun
    • Journal of dental hygiene science
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    • v.6 no.2
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    • pp.133-138
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    • 2006
  • To find out influence of water fluoridation program on the economic benefit effect, this study analyzed comparatively dental treatment indicators obtained from dental clinics at Sangdang-gu in Chenongju City, fluoridated community and Manan-gu in Anyang City, non-fluoridated community, from January 1, 2003 to the end of June, and the results are as follows: 1. If water fluoridation program is carried out in Anyang, non-fluoridated community, the number of treatment from caries and disease of tissues around dental pulp and root apex from age 6 to 18 for the first half of year 2003 is expected to decrease by 1,272, 636 for low estimation, and 1,908 for high estimation. And the treatment cost is expected to decrease by 40,888,000 Wons, 20,444,000 Wons for low estimation, and 61,333,000 Wons for high estimation. 2. Assuming that water fluoridation program is spread to all over the country, the number of treatment per year is expected to decrease by 2,492,018, 1,246,009 for low estimation, and 3,738,027 for high estimation. And the treatment cost is expected to decrease by 80,105,075,000 Wons, 40,052,537,000 Wons for low estimation and 120, 157,612,000 Wons for high estimation respectively. 3. For Yeong-un water supply management office which has 48,925 water supply personnel, the benefit/cost rate was 2.9 times, and for Jibuk water supply management office which has 239,751 water supply personnel, the benefit/cost rate was 9.0 times. As the water supply personnel increased, the cost increase of water fluoridation program was little and as the scale got large, the economic effect was very large. Improving national oral health is thought to be associated with expense retrenchment of oral health insurance financial. So it may need to extend using tap water to all the area of the country and additionally establish confidence through an active public relations and education of water fluoridation program.

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A Study on the Pre-feasibility study on the Cadastral Resurvey Project (지적재조사사업 예비타당성분석의 타당성 검토 - 경제성 분석을 중심으로 -)

  • Shin, Ji-Yoon;Kwak, Byung-Yong;Kim, Chang-Kee
    • Journal of Cadastre & Land InformatiX
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    • v.44 no.1
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    • pp.61-78
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    • 2014
  • The Cadastral Resurvey Project received 'Ineligible' determination by the first Pre-feasibility study in 2010. This is a result of the AHP analysis based on the policy and the economy validity. Especially, economic validity test uses mainly the Benefit-Cost Analysis. B-C Analysis has enclosed the limit to estimate the benefit which have the external effect. This study concentrated on the limit of the estimation the benefit on the Pre-feasibility study.

The Estimation and Economic Evaluation of Fisheries Benefit in Jeju Trial Sea Farm Project (제주 시범바다목장사업의 어업편익 추정과 경제성 평가)

  • Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.44 no.3
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    • pp.29-46
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    • 2013
  • The purpose of this study is to evaluate the economic validity of artificial reefs facilities and seeds release programs in Jeju Trial Sea Farm Project for raising fishing people's revenue. The results of this study show the artificial reefs facilities and seeds release programs have net present value of 15,962.63 million won, internal rate of retrurn 13.86%, and benefit-cost of 1.912 under a 5.5% social discount rate. This suggests that in Jeju trial sea farm project, artificial reefs facilities and seeds release programs increase fisherperson's revenue.

Cost-benefit Analysis for Noise Barrier and Low Noise Pavement (방음벽 및 저소음 포장에 대한 비용/편익 분석)

  • Jo, Youn-Hee;Son, Jung-Gon
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2011.04a
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    • pp.502-507
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    • 2011
  • A study on environmental noise hasn't fully researched yet. As society has developed and the quality of life has improved, people started to show a concern about an environmental noise. To ensure a economic feasibility of countermeasures of noise, it is necessary to apply a cost-benefit analysis on choosing optimum measurements. In this study, we addressed the estimation method of the environmental noise value and several domestic and oversea case studies. We also estimate economic value of noise reduction level which is gained from applying noise reduction measurements.

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Estimation of the Benefit of Electronic Banking Information Service Using Hedonic Price Technique (헤도닉 가격 기법을 이용한 전자금융 정보서비스 편익 추정에 관한 연구)

  • Lee, Hyung-Seok;Park, Kwang-Tae
    • Asia pacific journal of information systems
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    • v.11 no.4
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    • pp.43-62
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    • 2001
  • Recently, as information and communication technology is swiftly developed, consumers feel more convenient in making use of as well as access to the banking service. This change must affect consumer's benefit, however, there are rare previous studies and methods for measuring it. Thus, we utilize hedonic price technique to estimate consumer's benefit of electronic banking information. The results indicate that the price elasticity of consumer's communication service expenditure regarding the use of electronic banking information is about 0.057%. That is, users have willingness to pay 57 Won more than current communication fee for acquiring the additional electronic banking information.

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Alternating-Projection-Based Channel Estimation for Multicell Massive MIMO Systems

  • Chen, Yi Liang;Ran, Rong;Oh, Hayoung
    • Journal of information and communication convergence engineering
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    • v.16 no.1
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    • pp.17-22
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    • 2018
  • In massive multiple-input multiple-output (MIMO) systems, linear channel estimation algorithms are widely applied owing to their simple structures. However, they may cause pilot contamination, which affects the subsequent data detection performance. Therefore, herein, for an uplink multicell massive multiuser MIMO system, we consider using an alternating projection (AP) for channel estimation to eliminate the effect of pilot contamination and improve the performance of data detection in terms of the bit error rates as well. Even though the AP is nonlinear, it iteratively searches the best solution in only one dimension, and the computational complexity is thus modest. We have analyzed the mean square error with respect to the signal-to-interference ratios for both the cooperative and non-cooperative multicell scenarios. From the simulation results, we observed that the channel estimation results via the AP benefit the following signal detection more than that via the least squares for both the cooperative and non-cooperative multicell scenarios.