• Title/Summary/Keyword: Business Feasibility

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A Study on the Economic Feasibility of Polyculture (복합양식의 경제적 실현가능성에 관한 연구)

  • 이승우;유정곤;황진욱
    • The Journal of Fisheries Business Administration
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    • v.25 no.2
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    • pp.115-145
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    • 1994
  • The objetives of this study are to find the economic feasibility of the polyculture and to give the economic information of the polyculture for aquaculture fishermen. The polyculture is defined as the rearing of several species together to make more efficient use of the growing space and the total ground environment. The economic feasibility analysis in the polyculture involves the profitability, the productivity, and the risk reduction effect. The results of the economic feasibility analysis in the polyculture are as follows; First, in the profitability analysis, the solid utilization of ground in the polyculture is more profitable than the monoculture. The profitability owing to the plane utilization of the ground in the polyculture is positioned between those of the monoculture of each speices. Second, in the productivity analysis, oyster and sea squirt are diminishing returns to scale. Third, the variation on the average rate of return in the polyculture products is smaller than that of the monoculture. Finally, the result of comparison between the polyculture and the monoculture shows that the polyculture in coastal area is more profitable and more efficient than the monoculture. Most of cultivating species are selective in their diet Thus, stocking different kinds of cultivating species will efficiently utilize space and food It seems that polyculture is more appropriate for those species that live in different ecological niches. We think that the production per unit of ground can be increased, and the fixed cost per unit of output be reduced, so the polyculture is more profitable than the monoculture. Based on the above results, we concludes that the polyculture is economically feasible when profitability and productivity are increased and simultaneously the variation of average rate of return in the polyculture is smaller than that of the monoculture.

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An Effect of Youth Entrepreneurship Education Program's Characteristics to Entrepreneurial Intention: Focused on the Mediating Effect of Entrepreneurship Recognition (청소년 창업교육 프로그램 특성이 창업의도에 미치는 영향: 창업인식 매개효과를 중심으로)

  • Lee, Hye-Jin;Kim, Jin-Soo
    • Journal of Digital Convergence
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    • v.17 no.3
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    • pp.13-23
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    • 2019
  • The purpose of this study is to investigate the effects of Characteristics of Entrepreneurship Education Program on Perceived Feasibility, Entrepreneurship, Career Decision Self-Efficacy and Entrepreneurial intention. A total of 559 questionnaires were collected from students participating in the BizCool Camp, were classified as SPSS 21.0 And Amos 22.0. As a result of the hypothesis test, the Characteristics of Entrepreneurship Education Program(Entrepreneurship Education Expertise, Differentiation of Entrepreneurship Education) positively affect Perceived Feasibility and Entrepreneurship, and Perceived Feasibility and Entrepreneurship increase Entrepreneurial Intention through Career Decision Self-Efficacy. This study proves that Entrepreneurship Recognition should be formed in order for The Youth Entrepreneurship Education Program to be Startups.

A Study on Business Value for the Creation of a Private Park regarding Long-term Non-executed Urban Parks - Focused on Long-term Non-executed Neighborhood Park in Gwangju Metropolitan City - (장기미집행 도시공원의 민간공원 조성을 위한 사업성 연구 - 광주광역시 장기미집행 근린공원을 중심으로 -)

  • Kim, Ho-Gyeom;Kim, Dong-Chan
    • Journal of the Korean Institute of Landscape Architecture
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    • v.44 no.5
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    • pp.81-91
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    • 2016
  • The study shows solutions of long-term unexecuted urban park and activation plans to facilitate the business promotion of Private Park Developers. This study conducted a feasibility analysis to determine if the business of a special case is applicable. The result of this study is as follows about three long-term unexecuted urban parks in Gwangju Metropolitan City's City Park. First, the three long-term unexecuted urban parks in Gwangju Metropolitan City's City Park are the forest type Neighborhood Parks. Businesses of a special case's park developing cost(average 0.4%) have a relatively low percentage. It is most affected by Land Compensation(average 33.8%) and building construction expenses(average 59.1%). Second, long-term unexecuted urban parks' Land Compensation and building construction expenses seed capital are excessive. The Bongsan Park balance floor space index is 179 percent; a reasonable profit floor space index is 220 percent. The Mareuk Park balance floor space index is 351 percent; a reasonable profit floor space index is 420 percent. The Jungoe Park balance floor space index is 327 percent; a reasonable profit floor space index is 400 percent. Third, to facilitate the business of special cases in deliberating, Bongsan Park should change its second class general residential area. Jungoe Park must change the quasi-residential area and semi-residential area. Mareuk Park must change the general commercial area. In this way, the feasibility of promoting private park projects will be improved.

An analysis on the Feasibility of Busan Container Transshipment by Barge service (부산항 환적컨테이너의 바지선 운송 타당성 분석)

  • Cho, Boo-Lai;Choi, Man-Ki;Shin, Yong-John
    • Journal of Navigation and Port Research
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    • v.34 no.5
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    • pp.397-404
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    • 2010
  • The Currently, most cargos of container transshipment between Busan Port and New Port are transported over land, and the rest is transported by barge. This study estimated firstly the traffic between those ports through simulations in order to analyze the feasibility of container transshipment by barge. It forecasted annual profitability using determinants to affect on the barge business by the traffic, and then, discussed the feasibility. This study supposed the flexible scenarios with 50%, 60%, 80%, or 100% transshipment and the 25 monthly barge service numbers between two ports, and measured the influences of different factors according to the above various scenarios. And then the sales were evaluated by the different traffics and freights scenarios provided the business would be actually operated. Finally, Net incomes were simulated to analyze the feasibility of different scenarios by various traffics and freights. The net income should be positive to get the feasibility. To achieve this, the minimum traffic should be secured and the lowest freight per TEU should be determined. While all countries of the world is controlling CO2 emissions and emphasizes the green logistics, this study contributed to solve at the same time the problems about the pollution and the efficiency of transportation by reviewing positively the feasibility of barge transportation as an alternative to transportation overland.

A Study on the Building of Remodeling Evaluation Model (리모델링 사업성 평가 모델 구축에 관한 고찰)

  • Yoo In-Geun;Kim Chun-Hag;Yoon Yer-Wan;Yang Keek-Young
    • Journal of the Korea Institute of Building Construction
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    • v.6 no.3 s.21
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    • pp.67-73
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    • 2006
  • This study aims to evaluate the feasibility of remodeling business by predicting the future price of apartment house after remodeling using Hedonic Price Model. The data concerning such 9 independent variables as location, unit size, unit plan, landscape, parking, the number of elapsed years after completion, number of units, mechanical performance, interior from 25 regions in Seoul metropolitan city were collected and evaluated by established evaluation criteria. The coefficients affecting the price of apartment unit were made by Ivay of linear multi-regression and put into Hedonic Price Model. The feasibility evaluation model for apartment was made and verified by data of remodelled apartment. The predicted results using suggested evaluation model coincide with actual apartment market situations.

On the Feasibility of Interference Alignment in the Cellular Network

  • Chen, Hua;Wu, Shan;Hu, Ping;Xu, Zhudi
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.11 no.11
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    • pp.5324-5337
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    • 2017
  • In this paper, we investigate the feasibility of interference alignment(IA) in signal space in the scenario of multiple cell and multiple user cellular networks, as the feasibility issue is closely related to the solvability of a multivariate polynomial system, we give the mathematical analysis to support the constraint condition obtained from the polynomial equations with the tools of algebraic geometry, and a new distribute IA algorithm is also provided to verify the accessibility of the constraint condition for symmetric system in this paper. Simulation results illustrate that the accessibility of the constraint condition is hold if and only if the degree of freedom(DoF) of each user can be divided by both the transmit and receive antenna numbers.

Feasibility Determination Procedure with Automatic Control of Tolerance Level (공차 수준 자가 조정 능력을 갖춘 가능해 판별 절차)

  • Lee, Mi Lim
    • Journal of the Korea Society for Simulation
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    • v.25 no.4
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    • pp.85-91
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    • 2016
  • We consider the problem of determining a set of feasible systems when a performance measure in a stochastic constraint needs to be evaluated via simulation. We develop a new procedure that controls tolerance level automatically by using a pair of existing feasibility determination procedures iteratively. When compared to the exiting procedure, the new procedure provides significantly better performance in accuracy and stability, while not depending on the given tolerance level.

Study on the Plans for Successful Business Incubator in College - the feasibility of royalty system - (대학 창업보육센터의 발전 방안에 대한 연구 - 성공불제의 가능성 -)

  • Park, Sangsoo;Kim, Youngsear
    • Journal of Distribution Science
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    • v.2 no.2
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    • pp.109-118
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    • 2004
  • The number of business incubator (BI), introduced in Korea in the early 90's, has grown rapidly in the last 10 years, reaching 342 by 2002. Most of the incubator was supported financially by the Small and Medium Business Administration (SMBA), and 83% of them are run by college or university. To develop successful plans for college business incubator, we studied the relationship between a college incubator and its tenants through a systematic questionnaire, and compared royalty systems of four college BI's. It was found out that the tenants wants more flexible advisor system and closer relationship with the professors to solve the technical difficulties. The royalty system is important for BI's to survive without the financial assistance from the government, but the royalty systems of the four college BI's studied in this report have some practical shortcomings and needs amendments.

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Evaluation of Conversion Action Data Mechanisms in Cost-Per-Action Advertising

  • Tian, Li;Lee, Kyoung-Jun
    • 한국경영정보학회:학술대회논문집
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    • 2008.06a
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    • pp.428-433
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    • 2008
  • The online advertising industry's business model undertakes the change from CPM (cost-per-mille)-based to CPC (cost-per-click)-based. However, due to the problem of 'Click Fraud', CPA (cost-per-action) has been regarded as a new step. For CPA, publishers need to get information after a user clicks an advertisement. Therefore, in CPA, the key is to get Conversion Action Data (CAD). This paper introduces two existing mechanisms for getting CAD, compare their characteristics, and analyze their limitations. Then the two new mechanisms are introduced and their requirements and feasibility are analyzed. Lastly, we compare the existing two and the new two mechanisms, and point out each mechanism's business possibility, value and Application Area. This paper will help publishers choose the most appropriate mechanism on the basis of their situation.

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Process Packaging in Knowledge Management System (지식관리 시스템에서의 프로세스 지식화)

  • Park, In-Jun;Gyuwon Sim;Minseok Song
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.04a
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    • pp.664-667
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    • 2000
  • Although managing knowledge about business processes has been recognized as an important aspect of Knowledge Management System (KMS), it has not been satisfactorily addressed academically or commercially. This paper proposes a KMS architecture to effectively manage business process as knowledge. It expands commonly recognized KMS functions with the process packaging module that defines business processes, monitors and evaluates process instances, keeps process instance history, and provides link between processes and other knowledge items such as documents and experts. The users can not only find the best practice of a business process but also learn from mistakes. A prototype system is implemented to show the feasibility of the proposed architecture. The results of this paper can contribute to expand current KMSs to help use knowledge to enhance the users' performance in their business processes.

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