• Title/Summary/Keyword: Capital Reduction

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Evaluating Adaptability of Bimodal Tram in Seoul Metropolitan (수도권 주요축별 바이모달 트램 적용성 평가)

  • Lee, Jun;Jang, Jun-Seok;Eom, Jin-Gi
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.2283-2291
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    • 2010
  • This paper evaluated the effectiveness for the case of it introduced the bimodal tram for the capital area adaptability of the bimodal tram in the limelight as the new transportation means of the next generation for capital area major transportation corridor. The KTDB with 1,142 zones was utilized for the analysis and the major transportation axis around the main road in which the traffic is high. The analysis index selected around the transportation index in which it can show up by the bimodal tram application and the decrease rate of the road traffic density, the travel time change, the carbon emission quantity change, and etc. was chosen as a result. It was analyzed as the axis in which the bimodal tram adaptability effect that it is high with the section this relative including the major analyzed result west AnSan IC~ Songsan Bridge, the SuWon terminal ~ SaDang station, the UiJungBu terminal ~ DoBongSan station, and etc. can be appeared and it was predicted that the travel demand reduction on the road of about 4~6% showed up.

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Lisfranc Injury Repair with the TightRope$^{TM}$ Device (A Case Report) (TightRope$^{TM}$ Device를 이용한 족근 중족 관절 손상의 치료(1예 보고))

  • Cho, Jae-Ho;Oh, In-Suk
    • Journal of Korean Foot and Ankle Society
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    • v.15 no.4
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    • pp.243-246
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    • 2011
  • Lisfranc injury is complex and difficult to treat. Making the correct diagnosis and achieving an anatomical reduction are important factors in regard to achieving a favorable outcome with this injury. We describe a new technique that we have found to be useful for stabilizing Lisfranc injury. This method is relatively fast and simple, and it provides non-rigid fixation. Also, it eliminates the need for implant removal. To date, we have achieved predictable results for stabilizing and treating this injury with the use of a $TightRope^{TM}$ Device, instead of traditional interfragmental screw fixation. In this report, we describe a case in which this method was used with satisfactory short-term results.

Study on Cost of Energy(COE) Reduction Scenario of Korean Offshore Wind Power (해상풍력발전의 에너지단가(COE)절감 시나리오 연구)

  • Sung, Jin Ki;Lee, Jong Hoon;Kang, Kung Suk;Lee, Tae Jin
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.11
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    • pp.1520-1527
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    • 2013
  • The purpose of this study is to derive COE reduction targets of offshore wind power in Korea. In addition, innovation factors for achieving the COE reduction targets were derived. Also the COE reduction targets of offshore wind power was to improve that national policy, technology, industry and improving regulations would like to help. The results of this study has been created based on the various assumptions, scenarios and experts' discussions. Currently, offshore wind power generation price is 229.72won/kWh in 2012. According to the study, COE of offshore wind power has been proposed 88.8won/kWh at third scenario by 2030. This result has shown competitiveness with fossil fuel power generation.

Development of Guidelines for Installing Speed Control Humps (차량과속방지턱의 설치기준 개발에 관한 연구)

  • 문무창;장명순
    • Journal of Korean Society of Transportation
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    • v.12 no.1
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    • pp.137-149
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    • 1994
  • The objective of study is to evaluate the effect of speed control hump on traffic operation and accidents. Three sites were investigated for the change of traffic accidents before and after the hump installation. Vehicle speeds approaching the hump were also analyzed. The study revealed that not only the number of traffic accidents but also the accident severity were significantly reduced by the installation of hump. Further, different types of traffic accidents with lower severity were observed after the hump installation. For the effect of speed reduction by hump, it was found that the speeds observed at 15m upstream of hump were in the range of 36~50 percent of approaching speeds which were not affected by (ie, without) the hump. Economic analysis of hump installation showed the benefit-cost ratio of 4.3 and 11.2 at two sites. Further analysis revealed that the benefit by the accident reduction exceeds the cost by speed reduction and installation capital if AADT is below 43,150 vehicles on two lane highways. It is recommended from the study that humps should be considered on two lane highways of high accident locations for excessive speeds to reduce traffic accidents and severity.

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The Study on the Optimal Suspension of a Tilting Bogie for Vibration Reduction (한국형 틸팅대차의 진동저감을 위한 최적현가장치 연구)

  • 김정석;구동회;김남포
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2004.05a
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    • pp.372-377
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    • 2004
  • Tilting bogie system allow the train to pass curve at higher speed without affecting passenger comfort. As the tilting trains offer the optimum means of providing faster and more comfortable rail service with minimum of environmental disturbance and capital investment, mere than 14 countries have now adopted or are about to adopt tilting train technology. The Korean National Railroad is also planing to apply faster tilting train to the areas where the High speed rail service are not provided. This paper describes the parametric study to achieve the optimal suspension parameters of the Bogie for 180 km/h Korean Tilting Train(TTX) from the view point of the vertical and lateral vibration reduction.

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The Impact of Information Technology Investment on Cost Reduction in Korean Insurance Industry (한국 생명보험산업의 정보화투자와 비용절감)

  • Lee Young-Soo;Jung Kun-Oh
    • Journal of Korea Technology Innovation Society
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    • v.9 no.1
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    • pp.175-198
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    • 2006
  • Analyzing the effects of information technology(IT) in the life insurance Industry is important in establishing the direction for future information technology investment. In this research, the cost-elasticity of IT capital stock was measured by the SUR technique, using the second-order translog cost function, which was drawn out by a Taylor expansion of the multi-product joint cost function. Analysis was made based on data from 1991 to 2003 collected from 33 life insurance firms. The results show that although the effects of information technology investment vary according to individual life insurance firms, half of the life insurance firms surveyed reduced their costs by investing in information technology. The research also revealed that although large life insurance firms reduced their costs by investing in information technology medium & small life insurance firms and foreign ,life insurance firms increase their costs. Additionally, although both information capital and information labor increase as the information budget increases, the increase in information capital is larger than one in information labor. Because the price of information capital is decreased rapidly more than one of information-related labor.

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Comparison of Potential CO2 Reduction and Marginal Abatement Costs across Sectors and Provinces in the Chinese Manufacturing Industries (중국 제조업 부문별 CO2 잠재감축량 및 한계저감비용 지역 간 비교 분석)

  • Jin, Yingmei;Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.22 no.3
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    • pp.459-479
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    • 2013
  • To assess the feasibility of 'low carbon, sustainable growth' policy pursued of the Chinese government, this paper first measures technical efficiency, $CO_2$ shadow prices, and indirect Morishima elasticity of substitution between capital and energy for 24 of manufacturing sectors in Beijing and Chongqing, in which China launched pilot carbon emissions trading scheme, by estimating the input distance function. Based on these results, then the potential for $CO_2$ reduction, cost savings from emissions trading, and the effectiveness of capital investment in reducing $CO_2$ are compared across industries and provinces. In 2010, manufacturing industries in Beijing and Chongqing could potentially reduce the largest $CO_2$ emissions, amounting 5.2 and 17 million tons, respectively, by achieving 100% technical efficiency. While, on average, Chongqing has a comparative advantage in the cost savings from carbon trading over Beijing, Beijing is more likely to reduce $CO_2$ by expanding capital investment.

종합생산성모델(TPM)을 사용한 생산성 측정

  • 박광태;김민철
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1997.10a
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    • pp.197-200
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    • 1997
  • Each company is more interested in the productivity to achieve cost reduction and profit maximization through productivity improvement. With this trend, we show the method to measure productivity using TPM(Total Productivity Model) which considers all the input factors of the company instead of using partial productivity such as labor and/or capital productivity We also examine the relation of productivity versus output, profit versus output and profit versus productivity of the case company by actually applying the TPM and suggest the optimal level of profit and output for this company.

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Tax Incentives for Agricultural Corporations (농업법인에 대한 조세지원제도)

  • Kim, Yong Min
    • Agribusiness and Information Management
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    • v.2 no.1
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    • pp.77-85
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    • 2010
  • Agricultural corporations have been introduced to increase the productivity of farming via entrepreneurial farm management. There are two main subgroups of agricultural corporations. One is composed of farming association corporations and the other consists of agricultural corporation companies. Major tax incentives for agricultural corporations are as follows: 1. Exemption of corporate income tax. 2. Exemption of capital gains tax for farmland investment. 3. Reduction and exemption of dividend income tax for investors.

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A Techno-Economic Study of Commercial Electrochemical CO2 Reduction into Diesel Fuel and Formic Acid

  • Mustafa, Azeem;Lougou, Bachirou Guene;Shuai, Yong;Razzaq, Samia;Wang, Zhijiang;Shagdar, Enkhbayar;Zhao, Jiupeng
    • Journal of Electrochemical Science and Technology
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    • v.13 no.1
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    • pp.148-158
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    • 2022
  • The electrochemical CO2 reduction (ECR) to produce value-added fuels and chemicals using clean energy sources (like solar and wind) is a promising technology to neutralize the carbon cycle and reproduce the fuels. Presently, the ECR has been the most attractive route to produce carbon-building blocks that have growing global production and high market demand. The electrochemical CO2 reduction could be extensively implemented if it produces valuable products at those costs which are financially competitive with the present market prices. Herein, the electrochemical conversion of CO2 obtained from flue gases of a power plant to produce diesel and formic acid using a consistent techno-economic approach is presented. The first scenario analyzed the production of diesel fuel which was formed through Fischer-Tropsch processing of CO (obtained through electroreduction of CO2) and hydrogen, while in the second scenario, direct electrochemical CO2 reduction to formic acid was considered. As per the base case assumptions extracted from the previous outstanding research studies, both processes weren't competitive with the existing fuel prices, indicating that high electrochemical (EC) cell capital cost was the main limiting component. The diesel fuel production was predicted as the best route for the cost-effective production of fuels under conceivable optimistic case assumptions, and the formic acid was found to be costly in terms of stored energy contents and has a facile production mechanism at those costs which are financially competitive with its bulk market price. In both processes, the liquid product cost was greatly affected by the parameters affecting the EC cell capital expenses, such as cost concerning the electrode area, faradaic efficiency, and current density.