• Title/Summary/Keyword: Business Feasibility Analysis

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Legislation feasibility studies for expanding the business scope of paramedics: Focused on high level task in importance, need and allowance (응급구조사 업무범위 확대를 위한 입법 타당성 연구 : 중요도와 필요도 및 허용도가 높은 업무를 중심으로)

  • Han, Song-Yi;Ji, Hyun-Kyung;Yoon, Seong-Woo;Lee, Chang-Hee
    • The Korean Journal of Emergency Medical Services
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    • v.19 no.3
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    • pp.117-138
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    • 2015
  • Purpose: This study was performed targeted to paramedic and doctors, to examine the frequency, importance, and admissibility of the tasks of paramedics, and to establish as a basis for expanding their business scope. Methods: The subjects were 282 paramedics and 58 doctors, and the study was performed from October 20 to November 19, 2014. The statistical analysis was done by using SPSS/WIN 20.0. Results: The results showed the difference between the legal business scope of paramedics and the actually performed work. The frequently covered areas were trauma, cardiac arrest, and respiratory care; however, severity classifications were the most important. Concerning drug administration, epinephrine administration seemed to be the most necessary. Conclusions: The findings of this study can be used as basic data to broaden the capacity building and business scope of paramedics. Furthermore, to increase the resuscitation rate of emergency patients, the various tasks of paramedics must be incorporated, and these should be supported by laws and institutions.

Economic Valuation of the Off-Shore Fisheries Stock Enhancement Project (근해 수산자원 증대사업의 경제적 타당성 평가)

  • Kang, Seok-Kyu;Ryu, Jeong-Gon;Sim, Seong-Hyun;Oh, Tae-Geon;Lim, Byeong-Gwon
    • The Journal of Fisheries Business Administration
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    • v.52 no.2
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    • pp.1-31
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    • 2021
  • This study is to evaluate the prior economic feasibility of the off-shore fisheries stock enhancement project. The main findings of this study can be summarized as follows: first, offshore fisheries stock enhancement project shall be implemented by dividing them into 1st·2nd·3rd projects for efficient promotion. The 1st·2nd·3rd projects will be conducted in a total of 50 locations (the eastern sea, the western sea, the southern sea, and the jeju sea areas), and the project period per unit will be five years, which will cost 1 trillion won. Second, according to the results of the survey on public awareness, the most consumed marine species in Korea over the past year were analyzed in the order of mackerel, hairtail, squid, yellow corvina, blue crab, and cod. The dominant response to the reason for consuming marine products in Korea was healthy well-being food and safe food. In addition, 67.9% of them have hesitated to purchase offshore fish species over the past year due to high prices, indicating that they are burdened by high prices. On the other hand, 79% of the respondents said that the government's policy was insufficient, according to a survey on whether the government's coastal marine resource creation policy was sufficient. Third, as a result of preliminary economic analysis of offshore fisheries stock enhancement project, the benefit-cost ratio is 4.01, net present price is 1,283.7 billion won, and internal rate of return is 91.7% per year, which means that the economic analysis ensures the feasibility of the projects. The results of this study provide useful information on securing or organizing budgets for offshore fisheries stock enhancement project by securing economic feasibility as a national infrastructure project that increases fishery income and public benefits such as consumption of marine products.

An Economic Feasibility Analysis of a Hydrogen Fuel-Cell Vehicle Considering GHG (GHG를 고려한 수소연료전지 자동차의 경제성 분석)

  • Yang, Moon-Hee;Gim, Bong-Jin;Kim, Jong-Wook
    • New & Renewable Energy
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    • v.1 no.3 s.3
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    • pp.42-50
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    • 2005
  • This paper deals with the economic feasibility model and analysis of a hydrogen fuel-cell vehicle [FCV] against two similar types of non-business vehicles fueled with gasoline [GV] and diesel [DV] considering greenhouse gas [GHG]. Considering the price of vehicles and annual operating cost, we build a classical economic feasibility model. Since the economic feasibility could be affected by many input factors such as the prices of vehicles, the price of fuels, annual driving distance and so on, we estimate the average future values of input factors, which is defined as "the average case". Based on the average case, we assess the representative economic feasibility of a FCV with/without GHG, and by changing various annual driving distances, we assess its economy in terms of net-present value, internal rate of return, and payback period. In addition, we make some sensitivity analysis of its economic feasibility by changing the values of the critical input factors one at time. Based on the average case, it turns out that the consumer of a FCV could save 25,000 won/year for a GV, but the consumer could pay 120,000 won/year more for a DV. This indicates that gasoline vehicles could be replaced gradually by FCVs in Korean market which might be formed by those consumers driving annually more than approximately 14,800 km. As the results of our sensitivity analysis, it turns out that a FCV is no more economical if the difference of the prices between FCV and GV is more than 10,130,000 won or the price of hydrogen fuel could be more than 5,136 won/kg.

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Preliminary Evaluation of a Proposed Marine Ranching Project in Korea (우리 나라 바다목장화 사업의 예비적 경제성 평가)

  • 표희동
    • The Journal of Fisheries Business Administration
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    • v.29 no.2
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    • pp.199-216
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    • 1998
  • An economic appraisal of a proposed marine ranching project is analysed using capital budgeting model such as net present value(NPV) and internal rate of return( IRR) as well as sensitivity analysis and goal seeking model. Of the factors for economic appraisal, direct benefits are to be determined by estimated harvest, prices and costs incurred by catching fishes, and indirect benefits include the additional economic effect of recreational fishing. And judging the worth of these project options depends upon the choice of discount rate of which 8.5% is recommended here. On the basis of estimated production, prices and costs the project is expected to yield NPV=615 million won and IRR=8.8%, which is quite accepted for an economic feasibility, under the first scenario, and NPV= -127 million won and IRR=7.93%, which is rejected, under the second scenario. Sensitivity analysis has been performed by calculating the switching value and sensitivity indicator in respect of the main project parameters. The results suggest that the project NPV and IRR are especially sensitive to fishes(rock fish and other rock fish) prices and fixed costs. Finally goal seeking analysis is carried out in order to reach a desired level of performance like NPV=0 in respect of the amount of hatchery-reared juverniles, the prices and the discount rate.

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Assessing the Economic Feasibility of a Marine Ranching Project in Tongyoung (통영바다목장화사업의 경제적 타당성평가)

  • Pyo, Hee-Dong
    • Ocean and Polar Research
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    • v.31 no.4
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    • pp.305-318
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    • 2009
  • A marine ranching project in Tongyoung was established in 1998, lasting 9 years to 2006. Project activities included the deployment of artificial reefs, the release of young fishes like jacopever and rockfish, and input/output control for specific marine ranching areas in Tongyoung. This report focuses on the economic feasibility of the project in hindsight. Analysis concentrates on three aspects; (a) direct economic benefits, such as increasing effects of fisheries income and savings in harvesting costs, (b) indirect benefits, including increasing effects of recreational fishing and saving R&D costs, and (c) costs, including releasing and purchasing costs of artificial reef and juvenile fish, R&D costs, maintenance costs and harvesting costs. Results show that NPV=4.7 billion won, IRR=8.55% and B/C ratio=1.286 under Scenario 1, which considers the saving effects of R&D costs, and NPV=0.9 billion won, IRR=6.03% and B/C ratio=1.11 under Scenario 2, which does not consider the saving effects of R&D costs, based on 5.5% of the social rate of discount. According to sensitivity analysis, the economic feasibility is very sensitive to the recapture rate.

The Feasibility Analysis of 9.9 MW Biomass Cogeneration System (9.9MW급 바이오매스 열병합발전 타당성 연구)

  • Choi, Jaiyoung;Shul, Yonggun
    • New & Renewable Energy
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    • v.10 no.2
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    • pp.40-47
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    • 2014
  • This study is intended to analyze the appropriate scope for 9.9MW biomass cogeneration, feasibility and sensitivity according to changing market situation. In the study, the heat load is classified into three types to predict heat sales and find out the appropriate scope of thermal business that is operated in CHP 34.42 Gcal/h, PLBwg 70 Gcal/h of cogeneration. the feasibility is estimated based on internal rate of return (IRR) and net present value(NPV). the sensitivity is analyzed in terms of biomass fuel cost, unit price of heating cost, investment cost, SMP unit price and REC unit price.

Methodological Implications of Employing Social Bigdata Analysis for Policy-Making : A Case of Social Media Buzz on the Startup Business (빅데이터를 활용한 정책분석의 방법론적 함의 : 기회형 창업 관련 소셜 빅데이터 분석 사례를 중심으로)

  • Lee, Young-Joo;Kim, Dhohoon
    • Journal of Information Technology Services
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    • v.15 no.1
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    • pp.97-111
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    • 2016
  • In the creative economy paradigm, motivation of the opportunity based startup is a continuous concern to policy-makers. Recently, bigdata anlalytics challenge traditional methods by providing efficient ways to identify social trend and hidden issues in the public sector. In this study the authors introduce a case study using social bigdata analytics for conducting policy analysis. A semantic network analysis was employed using textual data from social media including online news, blog, and private bulletin board which create buzz on the startup business. Results indicates that each media has been forming different discourses regarding government's policy on the startup business. Furthermore, semantic network structures from private bulletin board reveal unexpected social burden that hiders opening a startup, which has not been found in the traditional survey nor experts interview. Based on these results, the authors found the feasibility of using social bigdata analysis for policy-making. Methodological and practical implications are discussed.

A Feasibility Study on the Research Infrastructure Project of System Semi-Conductor Industry (시스템 반도체산업 기반조성사업의 타당성 분석 연구)

  • Kim, Dae Ho
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.9 no.2
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    • pp.87-95
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    • 2014
  • The High-price development & testing tools and IP infratstructures are required for the development of system semi-conductors, but SMEs have not ability to prepare for them. Recently in terms of the miniaturization and the advancement of semiconductor process, the cost of the semi-conductor development have shown the rising tendency and the market-based design tools used are requied to be upgraded due to the advancement in the environment and technology. On the contray, many other contries such as Taiwan, Japan, China, and User are supporting this system semi-conductor industry. Korean government is trying to build the research infrastructure for system semi-conductor industry that aims to reduce the costs of the design infrastructure investment, to support the companies of system semi-conductor development and to incubate the fab-less start-ups. This study analyzes the feasibility of the project, by using the AHP analysis and the results shows that this project is considered feasible because the AHP overall score is evaluated as 0.840, the overall score is greater than or equal to 0.55.

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The Analysis on Economic Ripple Effect of the Fishing Village New Deal 300 Project (어촌뉴딜300 사업의 경제적 파급효과 분석)

  • Lee, Seo-Gu;Kim, Jung-Tae
    • The Journal of Fisheries Business Administration
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    • v.50 no.3
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    • pp.73-86
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    • 2019
  • The purpose of this study is to provide logical and policy justification for the feasibility and sustainability of the project through analysis of economic ripple effects of the fishing village new deal 300 project. To do this, we applied the industry-related analysis, which is mainly used to analyze the economic ripple effects, to the fishing village new deal 300 project. The industry association analysis classifies the detailed project of the preliminary plan for the selection of the business into the software business such as the hardware business and the capacity enhancement in the construction field and analyzes the economic ripple effect through the inter-industry association. As a result, it is expected that the fishing village new deal 300 project will have a positive economic impact. When the total investment of 3 trillion won is invested in the project, it is estimated that the production inducement effect and the value added effect are 5,545.3 billion won and 2,102.7 billion won, respectively. In addition, 62,005 get job inducements, where 10,952 employment inducements were associated with job creation. The analysis of the above impacts seems to have secured the logical justification for the implementation of the fishing village new deal 300 project.

A Study on Development of Main Producing Areas for Industrialization of complex and of fusion in Field

  • Young-Jun Park
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2022.10a
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    • pp.331-331
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    • 2022
  • This research aims to developing new commercialization project of convergence agricultural industrial model. First, we established an inventory for the planning of convergence agricultural industrial model categorize the relevant factors identified, and then suggested three models which are the business profit model for convergence agriculture industrialization, the resource recycling complex and agricultural tourism model, and the smart agricultural model. Second, in order to investigate the feasibility of each industrial model, we investigated the willingness to participate in the project according to the pilot models such as related organizations and management agencies, and proposed the result of business feasibility analysis. Finally, we suggested the establishment of a demonstration complex through the systemization of element technologies at two models. The related systems and technologies was reviewed as a new commercialization plan through the modeling of convergence agricultural industrial types in main crop production complex presented, and set up mid- to long-term development direction. The results of this study can be applied to the design of convergence agricultural industrial model in main crop production complex.

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