• Title/Summary/Keyword: Cost-Benefit Analysis1

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The Analysis of Regional Economic Feasibility of GHGs Reduction Technology in the Paddy Rice (논 물관리 방식에 따른 온실가스 감축기술의 지역별 경제성 분석)

  • Lee, Sang-Ho;Park, Woo-Kyun
    • Korean Journal of Organic Agriculture
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    • v.23 no.3
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    • pp.455-467
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    • 2015
  • This study analyzed the regional economic feasibility of greenhouse gases (GHGs) reduction technology in paddy rice. Firstly, the impact of GHGs reduction technology on productivity, emission reduction, and costs is different from region to region. Secondly, the water irrigation system contributes to productivity, GHGs reduction, and water reduction, but the profit of paddy rice will decrease because of increase in fixed costs and variable costs. Thirdly, the economic feasibility shows that water-savings plot has a 1.41 in a benefit-cost ratio.

Design and Operation of the Rainwater-Greywater Hybrid System : SNU No. 39 Building (빗물-저농도 오수 하이브리드 시스템의 설계 및 운전 평가 : 서울대 39동)

  • Shim, In-tae;Park, Hyun-ju;Kim, Tschung-il;Jung, Sung-un;Han, Moo-young;Namkung, Eun
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.12
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    • pp.676-682
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    • 2016
  • In this study, rainwater-greywater hybrid system was installed and operated for 1 year in order to evaluate its water quantity, water quality, and economic efficiency in building no. 39. This system was expected to overcome each disadvantages of and maximize each advantages. Low-greywater that was washed up from shower room was treated by MBR (Membrane Bioreactor) and ozone oxidation. Rainwater that was collected from the rooftop was stored in a reservoir, and then transferred to the storage tank that was mixed with treated greywater. After 1 year operating in building no. 39, rainwater and greywater was used to supply $2,599m^3$ of toilet flushing water. In terms of water quality, rainwater was satisfied far the greywater reuse standards except for E.coli. Moreover, low greywater quality was acceptable except for E. coli, BOD, SS, and turbidity. In addition, economic analysis was obtained from benefit-cost ratio (B/C) with 1.11. It implies that the feasibility of the project was reasonable. Furthermore, various research and policy to improve the economic efficiency of water recycling facilities is required to expand the use of water recycling facilities.

Cost-benefit Analysis of Health Screening Test for the Insured (피보험자 건강진단의 비용-편익 분석)

  • Yu, Seung-Hum;Sohn, Myong-Sei;Cho, Woo-Hyung;Park, Eun-Cheol;Lee, Young-Doo;Lee, Kyu-Sik;Chun, Ki-Hong
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.2 s.26
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    • pp.248-258
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    • 1989
  • As a result of cost-benefit analysis by making a macroscopic approach to the health screening projects conducted 4 times since 1950 for the insured people of the Korea Medical Insurance Corporation, the following conclusions were reached. 1. The direct costs put into the health screening project, and the time costs which were paid by examinees or calculated in terms of social costs have been estimated. The results is that the lowest estimation was 10,337 million won and the highest 15,141 million won when a minimum of 1.5 hours of time spent and a maximum 4 hours were applied. 2. In terms of the psychiatric benefits, the lowest estimation was 5,341 million won while the highest was 5,585 million won. 3. In terms of the benefits for each kind of diseases, the lowest estimation of 37,188 million won and highest estimation of 74,383 million won have been calculated for the liver diseases. And for the cardiovascular diseases, the minimum estimation was 14,475 million won while the maximum was 20,532 million won. In case of pulmonary tuberculosis, with external effect benefits being included, the estimation ranged from the minimum of 1,649 million won to the maximum of 1,832 million won. And the estimation of benefits for diabetes mellitus and renal diseases ranged from 89 million won to 92 million won and from 4,567 million won to 7,598 million won respectively. 4. In comparing costs and benefits, as a results of comparing each highest and lowet estimation a range of minimum 46,708 million won and maximum 98,071 million won of benefits has been gained.

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An Application of FSA Methodology to Hatchway Watertight Integrity of Bulk Carriers (살물선의 화물창 덮개부 수밀 건전성에 대한 공식안전평가의 적용)

  • Eun-Chang Lee;Jae-Ohk Lee;In-Cheol Yeo;Young-Soon Yang
    • Journal of the Society of Naval Architects of Korea
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    • v.37 no.3
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    • pp.69-77
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    • 2000
  • This study was a part of FSA study which was initiated by IMO and was applied to hatchway watertight integrity of bulk carriers. Hazards which were involved in high risk level were identified as follows. Ship Operation out of Design Criteria(Hatch Coaming Damage) and Poor Maintenance & Inspection(Securing Arrangement Damage). The potential risk was calculated by risk analysis and risk control option was made to reduce potential risk. The potential risk was about U$60,000/ship-year and could be reduced to about U$30,000/ship-year by applying RCO 1(Advanced system directly related to Hatchway Security). In addition, effectiveness of RCOs was shown by cost benefit assessment.

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Freight Transport Demand and Economic Benefit Analysis for Automated Freight Transport System: Focused on GILC in Busan (인터모달 자동화물운송시스템 도입을 위한 화물운송수요 및 사업편익분석 - 부산 국제산업물류도시를 중심으로-)

  • SHIN, Seungjin;ROH, Hong-Seung;HUR, Sung Ho;KIM, Donghyun
    • Journal of Korea Port Economic Association
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    • v.33 no.3
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    • pp.17-34
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    • 2017
  • This study aims to analyze the freight transport demand and benefit for the introduction of an automated freight transport system focusing on the Global Industry and Logistics City (GILC) in Busan. In pursuit of this aim, four alternatives were calculated - using the freight volume estimating methods and included, the number of businesses, the number of employees set up, future estimated cargo volume, and switched volume from other transport modes into the GILC. Economic benefits were analyzed against social benefits and costs accordingly. The result of the freight transport demand forecast found, the cargo volume of "Alternative 2-1" to be the most advantageous, applying the number of employee unit method and proportion of employees in Gangseo-gu, Busan. In addition to the conventional analysis of direct benefit items (reduction of transport time, traffic accidents and environmental costs), this study also considered additional benefit items (congestion costs savings, and road maintenance costs in terms of opportunity cost). It also considered advanced value for money research in guidance on rail appraisal of U.K, Federal Transport Infrastructure Plan 2003 of Germany, and RailDec of the United States. The study aims to further contribute to estimating minimum cargo transport demands and assess the economic feasibility of the introduction of new intermodal automated freight transport systems in the future.

A Study on the Feasibility to Digitalize of cadastral maps of North Korea (북한 지역 지적측량원도 디지털화의 편익추정)

  • Lee, Young-Sung;Moon, Heong-Ahn;Kim, Kab-Sung;Kim, Min-Jae
    • Journal of the Korean Regional Science Association
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    • v.32 no.2
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    • pp.3-13
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    • 2016
  • This study is to analyze the feasibility of a project to digitalize the originals of cadastral maps of North Korea, a total of 299,688 sheets archived in South Korea's National Archives. The cost-benefit analysis is limited on the digitalization of the original cadastral maps of lands, woods and fields, information analysis on land attributes and platform construction, and the benefit analyses are divided into divided territory ones, namely intrinsic value, heritage value, direct and indirect utility value, military and strategic value and the foundation for inter-Korean unification, and post-unification ones such as the confirmation of ownerships, control of social conflicts, reconnection of family lines, arrangement of lot numbers, cadastral management and urban planning. Such benefits are estimated through the double-bound dichotomous choice of the contingent valuation method (CVM). The scenarios show that benefit in the divided territory is expected to reach 586.8billion won in the current value. The amount was calculated from the payable amount (7,925won) multiplied by the whole number of households. The post-unification benefit is estimated at 324.3billion to 594.1billion won as the payable amount (8,023won) is multiplied by the whole number of households.

The Feasibility Analysis for PungDo Tidal Current Power Generation using SeaGen 1.2MW(600kW×2) Turbine (SeaGen 1.2MW(600kW×2)급 터빈을 이용한 풍도조류발전 타당성 분석)

  • Park, Tae-Young;Kim, Han-Sung;Kim, Yun-Wan;Park, Joo-Il;Kim, Kyung-Su
    • Journal of Energy Engineering
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    • v.22 no.4
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    • pp.386-393
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    • 2013
  • An feasibility analysis is performed for the tidal current power generation with the examination of the sea water speed distribution at Pungdo. In this analysis, the water speed distribution which is the key issue was obtained from the actual speed distribution data and results in "the annual current tidal power". Due to the lack of cost information, we applied EPRI data from the internet site instead of the actual information. The result could be used as a base data for the construction of current tidal power plant in the near future. And it is expected to provides good data for the Energy policy.

Factors Affecting Herpes Zoster Vaccination in Adults (성인의 대상포진 예방접종 시행의 영향 요인)

  • Jeong, Sun Rak;Kim, Yu Mi;Kim, Kyung Hee;Nam, Hang Me;Lee, Won Kee
    • The Korean Journal of Health Service Management
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    • v.12 no.2
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    • pp.63-73
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    • 2018
  • Objectives : This study aimed investigate general characteristics, vaccination status and health beliefs related to vaccination for herpes zoster and to identify variables. Methods : The structured questionnaire was conducted from March 31, 2016 to April 20, 2016 with 312 outpatients who visited a university hospital. The data were analyzed by frequency analysis, t-test, $x^2-test$, correlation analysis and logistic regression analysis via SPSS statistics 22.0. Results : The vaccination rate of the herpes zoster was 16.0% and the vaccination cost was the most common reason for rejecting inoculation. More highly educated people with more than a university degree(OR=4.28, p=.002), those with higher susceptibility to herpes zoster(OR=1.56, p=.000), those more aware of the benefits of vaccination(OR=1.51, p=.009) and those with lower disability for vaccination(OR=0.74, p=.003) were more likely to be vaccinated. Conclusions : Therefore, to increase the vaccination rate of herpes zoster in adults over 50 years old, continuous publicity and education are needed to emphasize the susceptibility of herpes zoster and the benefit of vaccination. In addition, it is necessary to develop policies at the national level for the expensive vaccination cost that obstructs vaccination.

Study on Economic Analysis of Offshore and Ground-mounted Solar Photovoltaics (해상과 지상 태양광 발전 경제성 비교에 관한 연구)

  • Kyu-Won Hwang;Moon Suk Lee;Chul-Yong Lee
    • New & Renewable Energy
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    • v.20 no.1
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    • pp.38-51
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    • 2024
  • The rapid expansion of industrialization and population growth worldwide has led to a significant surge in energy demand, perpetuating heavy reliance on finite fossil fuel reserves. Although prevailing policies primarily target ground-mounted solar photovoltaics, there is a noticeable increase in the adoption of floating solar power generation systems on water surfaces. Nonetheless, adequate studies and legislative reviews on offshore solar photovoltaics in Korea are lacking. The absence of well-defined criteria for the economic analysis of floating solar photovoltaics presents hurdles to their economic feasibility. This study conducted a comprehensive cost-benefit analysis of offshore photovoltaics to evaluate their economic viability and compared four types of solar photovoltaics based on the operating area and technology: ground-mounted, floating on inland water, pontoon-based offshore, and flexible system offshore. Perspectives from both central and local government entities, emphasizing social aspects, as well as inputs from private companies with a financial focus were considered. The findings revealed variations in economic viability depending on the operating area and technology employed. This study aims to contribute to the advancement of market maturity and technology within the realm of offshore solar photovoltaics.

Development of Evaluation Model for ITS Project using the Probabilistic Risk Analysis (확률적 위험도분석을 이용한 ITS사업의 경제성평가모형)

  • Lee, Yong-Taeck;Nam, Doo-Hee;Lim, Kang-Won
    • Journal of Korean Society of Transportation
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    • v.23 no.3 s.81
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    • pp.95-108
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    • 2005
  • The purpose of this study is to develop the ITS evaluation model using the Probabilistic Risk Analysis (PRA) methodology and to demonstrate the goodness-of-fit of the large ITS projects through the comparative analysis between DEA and PRA model. The results of this study are summarized below. First, the evaluation mode] using PRA with Monte-Carlo Simulation(MCS) and Latin-Hypercube Sampling(LHS) is developed and applied to one of ITS projects initiated by local government. The risk factors are categorized with cost, benefit and social-economic factors. Then, PDF(Probability Density Function) parameters of these factors are estimated. The log-normal distribution, beta distribution and triangular distribution are well fitted with the market and delivered price. The triangular and uniform distributions are valid in benefit data from the simulation analysis based on the several deployment scenarios. Second, the decision making rules for the risk analysis of projects for cost and economic feasibility study are suggested. The developed PRA model is applied for the Daejeon metropolitan ITS model deployment project to validate the model. The results of cost analysis shows that Deterministic Project Cost(DPC), Deterministic Total Project Cost(DTPC) is the biased percentile values of CDF produced by PRA model and this project need Contingency Budget(CB) because these values are turned out to be less than Target Value(TV;85% value), Also, this project has high risk of DTPC and DPC because the coefficient of variation(C.V) of DTPC and DPC are 4 and 15 which are less than that of DTPC(19-28) and DPC(22-107) in construction and transportation projects. The results of economic analysis shows that total system and subsystem of this project is in type II, which means the project is economically feasible with high risk. Third, the goodness-of-fit of PRA model is verified by comparing the differences of the results between PRA and DEA model. The difference of evaluation indices is up to 68% in maximum. Because of this, the deployment priority of ITS subsystems are changed in each mode1. In results. ITS evaluation model using PRA considering the project risk with the probability distribution is superior to DEA. It makes proper decision making and the risk factors estimated by PRA model can be controlled by risk management program suggested in this paper. Further research not only to build the database of deployment data but also to develop the methodologies estimating the ITS effects with PRA model is needed to broaden the usage of PRA model for the evaluation of ITS projects.