• Title/Summary/Keyword: Break even point analysis

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A Financial Model to Select the Size of Theme Park (주제공원의 규모결정을 위한 손익모형 I -용인자연농원을 사례로-)

  • 이양주;유병림
    • Journal of the Korean Institute of Landscape Architecture
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    • v.24 no.1
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    • pp.55-64
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    • 1996
  • The size of leisure space has been determined on the basis of the annual and peak day's number of visitor, turnover rate, and size per visitor. But the past models have no theoretical base and practical errors on the many cases. So, this study was carried out to build and test a new theoretical model for selecting a optimal size of theme park. The basic concept of the model building is the break-even point analysis of cost-volume-profit relation. That is, Gain-Loss of theme park is determined by marginal profit and fixed cost by size. YongIn Farmland was selected as a model test case.

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A Study on the Economic Life Cycle Decision Method of Aircraft Direct Support Equipment (항공기 지원 장비 경제수명 결정에 관한 연구)

  • Kim, Si Yeon;Choi, Bong-Wan;Oh, Hyun-Seung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.193-201
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    • 2014
  • This study attempts to utilize the economic efficiency analysis results focused on the break-even point as an indicator for the decision making of commanders and staff. We suggested a method of determining economic life by utilizing logistics information system and commercial program Minitab with a focus on the equipment's operational environment and performance data, whereas previously the equipment's retirement period was simply determined by the current equipment prices and sustainable period.

A Study on the Economic Evaluation of Thermal Insulation Remodeling (단열 리모델링 공사의 경제성 평가에 관한 연구)

  • Kim, Se-Bum;Jeon, Min-Chang;Lee, Sang-Beom;Kim, Dae-Young
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.142-143
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    • 2015
  • In this study, the remodeling of the insulation for the study of economic evaluation to find out. Targeting first Hyomin Domitory in Dong-Eui University, the purpose of the study is to carry out insulation work to conform to the strengthening of legal insulation standards. Studies in the way of insulation construction surveys of students who after living through the Survey. Exterior walls and windows with a comparative analysis of the thermal transmittance insulation performance is calculated according to the annual heating costs. The study is about 108 years after the investment is recovered through the break-even point was to know. Resolve residents' complaints, the gap wind reduction, reduction of environmental pollution and other problems solved.

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Economic Analysis of Power Transmission Lines using Interval Mathematics

  • Teegala, Srinivasa Kishore;Singal, Sunil Kumar
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1471-1479
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    • 2015
  • A major portion of the capital costs in the present day power transmission systems are due to the cost of equipment and construction process. Transmission utilities in the recent years are drawing greater attention towards performing life cycle costing studies for cost management and decision making. However, the data involved in these studies are highly uncertain and the effect of these uncertainties cannot be directly included in the study process, resulting in inaccurate solutions. Interval mathematics provides a method for including these uncertainties throughout the cost analysis and provides final solution range in the form of intervals. In this regard, it is essential and extremely important that significant research has to be carried out in understanding the principles of life cycle costing methodology and its applicability to cost analysis of transmission lines along with uncertainties involved in the cost assessment process. In this paper, economic analysis of power transmission lines using interval mathematics has been studied. Life cycle costing studies are performed using net present value analysis on a range transmission lines used in India and the results are analyzed. A cost break even analysis considering right of way costs was carried out to determine the point of economy indifference.

Energy Economic Analysis of Standard Rural House Model with PV System (PV 시스템이 적용된 농어촌 주택 표준모델의 에너지 경제성 분석)

  • Lee, Chan Kyu;Kim, Woo Tae
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.4
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    • pp.1540-1547
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    • 2013
  • The energy economic analysis of the standard rural house model with PV system was performed based on annual energy demand calculation using the EnergyPlus to contribute in reducing building energy which occupies 25% of national energy consumption and in developing a low-energy & eco-friendly house model. Two types of PV system installation was considered to cover electricity demand for cooling, electric, and heating devices. For the selected house model, heating energy demand is 7 times higher than cooling energy demand. For the Case1, it is favorable to use electricity from PV system for cooling and electric devices and to sell surplus electricity. For the Case2, it is favorable to use electricity from PV system for cooling, electricity and heating devices and to sell surplus electricity. Considering the installation cost of PV system and heat pump air conditioning system, the break-even point of Case1 and Case2 are about 13 and 11 years respectively. Although the installation cost of Case2 is more expensive, Case2 provides three times more profit than Case1 after the break-even point. Because the expected average life time of the selected PV system is 25 years, Case2 is more favorable option for the given standard rural house model.

Assessment of Leak Detection Capability of CANDU 6 Annulus Gas System Using Moisture Injection Tests

  • Nho, Ki-Man;Kim, Wang-Bae;Sim, Woo-Gun
    • Nuclear Engineering and Technology
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    • v.30 no.5
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    • pp.403-415
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    • 1998
  • The CANDU 6 reactor assembly consists of an array of 380 pressure tubes, which are installed horizontally in a large cylindrical vessel, the Calandria, containing the low pressure heavy water moderator. The pressure tube is located inside the calandria tube and the annulus between these tubes, which forms a closed loop with $CO_2$ gas recirculating, is called the Annulus Gas System(AGS). It is designed to give an alarm to the operator even for a small pressure tube leak by a very sensitive dew point meter so that he can take a preventive action for the pressure tube rupture incident. To judge whether the operator action time is enough or not in the design of Wolsong 2,3 & 4, the Leak Before Break(LBB) assessment is required for the analysis of the pressure tube failure accident. In order to provide the required data for the LBB assessment of Wolsong Units 2, 3, 4, a series of leak detection capability tests was performed by injecting controlled rates of heavy water vapour. The data of increased dew point and rates of rise were measured to determine the alarm set point for the dew point rate of rise of Wolsong Unit 2. It was found that the response of the dew point depends on the moisture injection rate, $CO_2$ gas flow rate and the leak location. The test showed that CANDU 6 AGS can detect the very small leaks less than few g/hr and dew point rate of rise alarm can be the most reliable alarm signal to warn the operator. Considering the present results, the first response time of dew point to the AGS $CO_2$ flow rate is approximated.

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An Empirical Study on the Relationship between the Key Success Factors and the Usage Effect of the e-Sports Business (e스포츠 비즈니스의 주요 성공요인과 이용효과와의 관계에 관한 실증연구)

  • Lee, Kyung-Jin;Kim, Chang-Su
    • The Journal of Information Systems
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    • v.20 no.2
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    • pp.109-134
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    • 2011
  • The purpose of this paper is to present an overview of the characteristics of the e-sports business at a crucial point in the era of information and knowledge. That is, an investigation was conducted surrounding the key success factors of e-sports as a newly growing industry, and the relationship between the key success factors and the usage effect. In order to do this, the key success factors were extracted from interviews with e-sports experts in conjunction with a survey that was conducted to gather empirical data. The key points of the statistical analysis of the survey are as follows. First, the success factors of a policy do not have a significant effect on the usage. Second, some administrative success factors of the e-sports business include the distribution of e-sports in the form of franchise chain, the establishment of policies to prevent the excellent members of e-sports from seceding, making a good impression as a high-class sport, the frequent notice of the break-even point, and educating people on how to use the e-sports machine. Third, the development and distribution of excellent e-sports software was analyzed as a technical success factor of the e-sports business. Finally, there is no doubt that results of this study can be used to facilitate the growth of the e-sports business as a new industry related to the IT industry.

A Study on the Principle of Rationalization in Fisheries Management (어업경영합리화의 원리에 대한 고찰)

  • 공용식
    • The Journal of Fisheries Business Administration
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    • v.14 no.1
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    • pp.1-18
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    • 1983
  • This study has examined the principle of rationalization as a guiding principle in fisheries management. Generally speaking, the guiding principle of business management is the principle of profitability which is oriented to the profit maximization, but it has been insisted by Dr, Mohri that the principle of profitability should be translated into the maximization of ratio of added value on gross capital, According to Dr. Durcker, added value (contributed value) can be used to analyze productivity only if the allocation of costs which together make up the figures is economically meaningful. Therefore, the rationalization of fisheries management can be measured as a result of economic allocation of costs, The analysis of economic allocation of costs divides into macro-allocation of costs and micro-allocation of costs. In fisheries management, the former makes use of the analysis of break-even point, and the latter analyzes the efficiency of individual cost respectively and the state of division of costs which allocate into above-the-line expenses of lay system and management's burden expenses. In macro-allocation of costs, it is advisable that fixed costs be converted into variable costs. This is characteristically possible in fisheries management, because wages belong to variable costs in fisheries management while they are regarde as fixed cost in the other industires. Because we could find that all costs would belong to above-the-line expenses, in micro-allocation analysis, the very costs which are directly related to fisherman's poduction activity should be classified into above-the-line expenses, and the other costs into management's burden expenses. This is a central problem in the rationalization of fisheries management.

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Aerial Application using a Small RF Controlled Helicopter (I) - Status and Cost Analysis - (소형 무인헬기를 이용한 항공방제기술 (I) - 현황 및 경제성 분석 -)

  • Koo Y.M.;Lee C.S.;Soek T.S.;Shin S.K.;Kang T.G.;Kim S.H.;Choi T.Y.
    • Journal of Biosystems Engineering
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    • v.31 no.2 s.115
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    • pp.95-101
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    • 2006
  • Present chemical application system using a power sprayer has been a labor intensive, ineffective and shirking task in farming. Therefore, a small RF controlled (unmanned) helicopter was suggested to replace the conventional spray system. The aerial application using the unmanned helicopter has been already utilized in Japan, where total area applied up to 704,000 ha in 2005. In this article, the status and cost analysis on the unmanned agricultural helicopter were studied. The aerial application using the agricultural helicopter helps precise and timely spraying and reduces labor intensity and pollution. The field capacity of the helicopter was found to be 60-70 ha a day. The break even point was estimated near the operating area of 750 ha annum. The development of an agricultural helicopter was necessary for taking advantages of both technique and economy.

A Syntactic and Semantic Analysis of Alternations (변이의 통사ㆍ의미론적 고찰)

  • 김현효
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.4 no.3
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    • pp.134-138
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    • 2003
  • The purpose of this study is to analyse the argument alternations in terms of semantic perspective. Argument alternation has long been an interesting topic for the linguists regardless of their linguistic schools. Semantic analysis of argument alternation is attempted by Dowty(2001) based on the Levin(1993)'s classification. The study is focused on the phenomenon where meaning changes with argument alternations even though those sentences look the same syntactically and lineally. 1 tried not only to classify verbs according to the meaning changes but to explain the alternations in semantic point of view. The verbs are divided into 4 types- Touch type, Hit type, Cut type, and Break type. Each type of verbs are tested if they show special characteristics with three alternations-Middle alternation, Body-part possessor Ascension, and Conative Alternation. And semantic analysis is tried based on that classification.

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