• Title/Summary/Keyword: Cost-saving effect

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Economic Feasibility Analysis According to Seam Location of Ship Pieces

  • Hyun-Seong Do;Tak-Kee Lee
    • Journal of Ocean Engineering and Technology
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    • v.37 no.6
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    • pp.266-272
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    • 2023
  • The structure of a ship is completed by processing various steel plates and welding these plates. This butt welding of plates is defined as a seam in shipyards, and this study seeks to find a way to decrease costs by reducing the utilization of steel through effective seam arrangement. Seams were defined and classified according to purpose, and examples of "pieces" and "main plates" where seam creation had an economical saving effect were selected. For "pieces," the change in the weight of steel utilized depending on the presence or absence of a seam was calculated, and the resulting change in cost increase was presented. In the case of the "main plate," the quantity of seams does not change, but an example of cost variation due to the appropriate placement of seams is presented. Hence, a large difference was found in the costs of "pieces" depending on seam location. Thus, it was advantageous to create additional seams. For the "main plate," it was found that narrow-width and wide-width materials incur more costs. This study demonstrates that creating seams is economically advantageous but may not be preferred owing to the increased workload from a production perspective.

Analysis of Socio-economic Effects of Land Consolidation and On-farm Development Project (경지정리사업(耕地整理事業)의 사회경제적효과분석(社會經濟的效果分析))

  • Lim, Jae Hwan;Kim, Jae Hong;Yeo, Soon Duck
    • Korean Journal of Agricultural Science
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    • v.27 no.2
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    • pp.158-175
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    • 2000
  • Up to date, the economic feasibility analysis on land consolidation and on-farm development projects were mainly depended upon the direct benefits from market value of project outputs. Therefore the projects were neglected in allocation of the government's financial funds and loans on account of undervaluation of the project benefits including socio-economic and environmental values of the projects. Accordingly the Extended Benefit Cost Analysis Method should be adapted to cover not only the benefits such as non-market values of environmental functions of the projects and but also the economic market values of the project outputs. The main objectives of this study is (1) to provision of the guideline for economic feasibility analysis based on the IBRD and ADB guidelines, (2) to estimate the benefits such as Productivity increase effect, labor saving effect, off-farm income increase effect during off-farm season, saving of O&M cost of farm mechanization, enhance of farmer's public health, increase of environmental public function of paddy fields, effect of food security and establishment of peaceful and uncontroversial rural society by implementing the land consolidation and on-farm development, (3) to introduce the newly adapted analytical method as the extended benefit cost analysis which could make possible the analysis of non-market goods such as the food security value and the environmental public value of paddy fields. To carry out the study, the publication on the guideline for economic analysis of agricultural projects were reviewed and consulted and for the post evaluation of the land consolidation and on-farm development project, field survey in Jeongja area were made for the feasibility study of the project by new method. According to the initial project plan, Jeongja land consolidation and on-farm development project has 96ha of benefit area and the project was started in 1989 and completed in the spring, 1990. The total project costs were amounted to 1,052 million won and the annual project benefits were estimated at 135.4 million in 1989 constant market prices. On the other hand, the newly estimated project benefits as a part of post evaluation of the project were amounted to 602.1 million won including all the benefits from the market and non-market commodities of the project as mentioned above column. The original IRP(Internal rate of return) of the project was estimated at 15.81%. On the other hand, the IRR of the post evaluation of the project was amounted to 16.83%. In case of including the benefit from the environment public function of paddy field, the SRR(Social Rate of Return) was reached to 38.81% and when we added the benefit from food security of the project, the SRR showed very high rate as 46.41%. In conclusion, the project were verified socio-economically feasible and environmentally sustainable considering the above decision making criteria.

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A Study on the Performance Characteristics of an Absorption Chiller for Variable Cooling Water Flow Rate at Partial Load Conditions (흡수식 냉온수기의 부분부하에 따른 냉각수 변유량시 성능특성에 관한 연구)

  • 박찬우;조현철;강용태
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.1
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    • pp.26-33
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    • 2004
  • In general, an absorption chiller or heat pump is operated under the constant cooling water flow rate condition even though the system works with a partial load. The objective of this paper is to study the effect of the cooling water flow rates and the temperature of cooling water on the system performance to find the energy saving methode for the partial load operation of the double effect $H_2O$/LiBr absorption chiller. It is found that the performance of the system is sensitive to the temperature of cooling water than the cooling water flow rate, so the decrease of the performance due to reducing the cooling water flow rate can be overcome with the reduction of the cooling water temperature by 1$^{\circ}C$. The flow rate of the cooling water flow rate ranges from 50% to 100% of the flow rate at normal conditions with a partial load. It is also found that the operation cost of the cooling water pump and the cooling tower can be reduced by 23%.

Studies on Relations between High Solid Coating and Quality Changes(II) - Effect of high solid coating on coated paper properties - (고농도 도공과 품질변화의 상관성 연구(2보) -도공지의 품질과 고농도 도공의 효과-)

  • Lee, Yong-Kyu;Yoo, Sung-Jong;Cho, Byoung-Uk;Kim, Yong-Sik
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.39 no.3
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    • pp.52-59
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    • 2007
  • This paper confirms that high solid coating can increase coating speed and reduce drying cost. Low solid coating color with the synthetic thickener and high solid coating color with the rheology modifier and with higher ratio of GCC were prepared. Coated paper was then produced with an industrial coater, varying coating speed and dryer temperature in order to keep the moisture content of the coated paper constant. Coating color concentration was able to be increased from 66% to 69% and from 68% to 71% without an adverse effect on coating color rheology. With a help of the rheology modifier, the increased ratio of GCC in high solid coating did not show harmful effects on the coated paper quality.

The Effects of Renewable Energy in Agricultural Sector (농업분야 신재생에너지 보급현황 및 파급효과 분석)

  • Park, Jiyun;Kim, Yeonjoong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.1
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    • pp.224-235
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    • 2019
  • The increase in the amount of energy used in the agricultural sector due to the expansion of agricultural machinery and greenhouse horticulture has caused a range of problems, such as an increase in the cost of input, such as heating costs and greenhouse gas emission. To overcome these problems, this study examined the current status of energy use in greenhouse horticulture as well as the change patterns of non-taxable oil and agricultural electricity, and reviewed the current status of the supply of renewable energy and energy saving facilities for agriculture. This study investigated the area of advanced and renewable energy and energy saving facilities implemented, applied the energy saving ratio of advanced and renewable energy and energy saving facilities, and determined the effects of renewable energy in the agricultural sector, such as increase in production, decrease in heating cost, reduction in Government financial expenditure, reduction in greenhouse gas emission, and oil substitution effect.

Thermo-economic approach for absorption air condition onboard high-speed crafts

  • Seddiek, Ibrahim S.;Mosleh, Mosaad;Banawan, Adel A.
    • International Journal of Naval Architecture and Ocean Engineering
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    • v.4 no.4
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    • pp.460-476
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    • 2012
  • High-speed crafts suffer from losing a huge amount of their machinery energy in the form of heat loss with the exhaust gases. This will surely increase the annual operating cost of this type of ships and an adverse effect on the environment. This paper introduces a suggestion that may contribute to overcoming such problems. It presents the possibility of reusing the energy lost by the ships' exhaust gases as heating source for an absorption air condition unit onboard high-speed crafts. As a numerical example; the proposed method was investigated at a high-speed craft operating in Red Sea between Egypt and the Kingdom of Saudi Arabia. The results obtained are very satisfactory. It showed the possibility of providing the required ship's air condition cooling load during sailing and in port. Economically, this will reduce the annual ship's operating cost. Moreover, it will achieve a valuable reduction of ship's emissions.

Development of Corrugated Paperboard Box for Agricultural and Fishery Products (농수산물 유통용 포장상자 개선)

  • Park, Hyung-Woo;Ha, Young-Sun;Kim, Su-Il
    • Korean Journal of Food Science and Technology
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    • v.21 no.2
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    • pp.238-241
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    • 1989
  • Double wall corrugated paperboard box are almost used for package of agricultural and fishery products in Korea. Flaps of the double wall corrugated paperboard box are consist of the three linerboard and two corrugating medium. But these flaps which are not affected to the compression strength for storage and distribution results in the reasonable cost-up of the packed box. Compared the strengths and economical evaluations between double wall and single wall corrugated paperboard box results as follows. Compression strength of single wall box is higher 49.3% to 98.0% than that of the double wall corrugated paperboard box and its cost are down 5% to 8%. Effect of the cost down on the saving materials of flap and corrugating medium is 13.9%.

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Energy Saving Effect and Economy Feasibility of Office Building with regard to Geometries and Orientations

  • Koh, Jae-Yoon;Zhai, John
    • International Journal of Air-Conditioning and Refrigeration
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    • v.17 no.1
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    • pp.15-24
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    • 2009
  • The energy usage and the economical feasibility of the typical two story office building in the three urban locations of South Korea are evaluated as the eight orientations. The smallest energy consume is shown at the true south. The ranges of the low energy consume are $-3l5^{\circ}{\sim}0^{\circ}\;and\;-135^{\circ}{\sim}-180^{\circ}$. There are obvious advantages of passive solar designs such as using a fully glazed facade at the true south in the building. The General Low voltage plan is the effective way for the office building when does not required the high voltage electricity. The energy cost of KEPCO is compared to that of XCEL ENERGY. The portion of the customer charge of XCEL ENERGY is about 10% but it is about 50% of the total tariff of KEPCO. The effective way to save the energy cost is by reducing the operating energy of XCEL ENERGY plane but the most effective way is reduce the contracting energy of KEPCO plane.

Factors Affecting Adoption of Industry 4.0 by Small- and Medium-Sized Enterprises: A Case in Ho Chi Minh City, Vietnam

  • NGUYEN, Xuan Truong;LUU, Quang Khai
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.6
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    • pp.255-264
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    • 2020
  • The fourth industrial revolution has attracted much academic attention in these past few years. However, research on systematic and extensive factors affecting adoption of Industry 4.0 by SMEs in developing countries, especially in Vietnam, has been unavailable. This study aims to explore the impact of factors that influence the actual adoption of Industry 4.0 by SMEs in Ho Chi Minh City. Mixed-method research was utilized in this study including in-depth interviews of 12 participants and quantitative research of 396 respondents who are representative of SMEs by both online and via paper surveys. The SPSS and SmartPLS 3 software were employed to help analyze the collected data. The results indicate that perceived development of the human resource, perceived on-time, perceived saving cost, perceived improve product quality, perceived saving time, perceived ease-of-use, business resources, and conditions of the business environment, perceived usefulness, perceived enhanced customer relationship, and adoption intention, all have a positive significant effect on actual adoption of Industry 4.0. The results seem to suggest that managerial efforts aimed at increasing the factors' perceptions of adoption of Industry 4.0 and personal relevance of the technology will contribute to implementation success, where success is defined as effectual usage of the Industry 4.0.

Thermal Insulation Property due to Internal Air-layer Content of Warm Multi Layer Materials by using Numerical Analysis (수치해석을 이용한 다겹보온자재의 내부공기층 함유에 따른 보온 특성)

  • Chung, Sung-Won
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.11 no.4
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    • pp.97-103
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    • 2012
  • This study investigates thermal insulation properties of multi layer materials depending on thickness of air layers. Numerical analysis on the heat flow of different insulating materials was conducted to identify whether their temperature distributions demonstrate the reduced rate of heat transfer conclusively or not. Analytical model is divided into two categories. One is to distinguish temperature distribution of the air-layer materials from the non-air layer ones. The other is to compare the efficacy between eight-layered insulating materials with no air-layer contained and three-layered insulating materials which include an air-layer definitely. In the latter case, the identical thickness is assigned to each material. The effect of thermal insulation by including an air-layer is verified in the first analytical model. The result of the second model shows that the insulation of the eight-layered materials is coterminous at the three-layered ones with an air-layer and the thermal insulation of the two materials is imperceptible. The benefits of cost and energy saving are anticipated if air-layers are efficiently incorporated in multi layer insulating materials in a greenhouse.