• 국제학술발표논문집
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• The 6th International Conference on Construction Engineering and Project Management
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• pp.376-380
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• 2015

Life-Cycle Cost Analysis (LCCA) for highway projects is known as an effective analytical technique that uses economic principles to evaluate long-term alternative investment options, especially for comparing the values of alternative pavement design structures and construction strategies. In the Unites States, the 2012 Moving Ahead for Progress in the 21^st Century Act (MAP-21) amended the United States Code to mandate that the United States Government Accountability Office (GOA) conducts a study of the best practices for calculating life-cycle costs and benefits for the federally funded highway projects in 2013. The RealCost 2.5CA program was developed and adapted as an official LCCA tool to comply with regulatory requirements for California state highway projects in 2013. Utilization of this California-customized LCCA software helps Caltrans to achieve substantial economic benefits (agency cost and road user cost savings) for highway projects. Proper implementation of LCCA for roadway construction and rehabilitation would deliver noticeable savings of agency's roadway maintenance cost especially in developing counties where financial difficulties exist.

• 한국CDE학회논문집
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• 제17권2호
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• pp.71-78
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• 2012

Recently, the ratio of fuel cost to the operational cost of a ship is increasing according to the increase of the international oil price. Thus, many studies are being made to reduce the cost; for example, a method for acquiring the sea state information, a method for estimating fuel consumption, a method for determining the ship's optimal route, and so on. However, these studies were not incorporated together and being independently made in different fields. In this study, by improving and incorporating such studies, a method for determining a ship economic route based on the acquisition of the sea state and estimation of fuel consumption was proposed. To evaluate the applicability of the proposed method, it was applied to an optimal routing problem of the ocean area including many islands. The result shows that the proposed method can yield the economic route minimizing fuel consumption.

• 전기학회논문지
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• 제63권9호
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• pp.1192-1198
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• 2014

With an increase in the penetration of offshore wind farm, the need of an accurate economic evaluation of offshore wind farm has become crucial. This paper presents an economic evaluation method of offshore wind farm in Korea reflecting the cost of offshore wind farm infrastructure (offshore substation, submarine cable and foundation) in its cost model. Each cost of offshore substation, submarine cable, and foundation is represented as a function of installed capacity, distance to shore, and water level, respectively. We have applied the method to the case study of offshore in Jeju Island and analyzed the economics under various conditions. The results show that the distance to shore is of importance in economics of offshore wind farm.

• Ocean and Polar Research
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• 제36권4호
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• pp.343-351
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• 2014

The purpose of this study is to estimate the economic value and productivity achieved through a reduction in fishing vessels engaged in coastal and offshore fisheries. We found that the value of increasing catch by types in offshore and coastal fisheries was about 17,338 billion won. To examine the economic value, a cost-benefit analysis was applied. This is based on the total cost of vessel reduction (4,576 billion won) assumed to be invested equally each year for five years. BCR and NPV with a discount rate (5.5%) were used to compare the profit of fishery activities in offshore and coastal areas. The model results showed that the NPV and BCR in offshore and coastal fisheries was 5,522 billion won and 2.340 respectively.

• 보건행정학회지
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• 제6권1호
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• pp.85-109
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• 1996

Telemedicine can increase accessibility to advance medical technology at the university hospital for community residents living in a remote area. This paper focused on the economic evaluation of telemedicine to identify important factors influencing costs and benefits and to understand how these factors can be changed to improve economic performance of the telemedicine. When the telemedicine project currently operating in Korea was evaluated based on the traditional cost-benefit analysis, the results showed a heavy net loss wiht a B/C ration of 0.56. As several values were added to the analysis based on the Information Economics approach, B/C ratios steadly increased. When the saving of medical expenses from the early detection of diseases was taken into a consideration, the ration exceeded the break-even point. >From the sensitivity analysis, a number of patients and the cost for equipment and communication were found to be the key factors for influencing economic performance of telemedicine.

• 한국신재생에너지학회:학술대회논문집
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• 한국신재생에너지학회 2011년도 추계학술대회 초록집
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• pp.149.2-149.2
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• 2011

This paper conducted an analysis of economic effects of offshore wind power in Korea with benefit/cost analysis. The existing feed-on tariff, which was too low to support wind power development, was recently replaced with a Renewable Portfolio Standard(RPS), effective from 2012. According to the new regulatory policy, The Korean government has announced a strategy to draw investments worth for offshore wind farms with a total capacity of 2.5 GW over the next eight years, which is expected the change of cost and benefit. After overview the offshore wind power development status, The effects on cost can be divided by economic, environmental and social factors. Each factor will be calculated and combined by both evaluating index and using Quantification methods. At the end, the implication for the evaluation of feasibility of offshore wind power of Korea will be done.

• 한국전자거래학회지
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• 제15권1호
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• pp.119-137
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• 2010

RFID 확산이 어려운 이유 중 하나는 구체적 경제성 분석 방법의 부재라 할 수 있다. 기존 문헌 분석과 파급 효과가 큰 택배산업 사례를 통해 RFID 도입에 따른 비용/혜택 분석을 포함한 경제성 분석 방법을 제시하였다. RFID 적용 효과의 기대 수준을 낙관적, 보수적, 비관적으로 정의하여 분석하고, 태그 단가 등에 따른 민감도 분석을 통해 RFID 비용과 RFID 기술 기대 수준에 따른 불확실성을 반영하였다. 본 연구의 결과는 RFID 도입을 위한 의사결정에 기여할 수 있을 것으로 예상된다.

• 한국국방경영분석학회지
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• 제23권1호
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• pp.138-150
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• 1997

The life-cycle of the K-1 tank has been 10 years simply applying that of the U.S. M-1 tank. Therefore, this paper is focused on determination of an economic life-cycle for the K-1 tanks. The current operation cost is adjusted by interest rate and the depreciation cost is applied in this study for more reliable estimation of the life-cycle cost. The Equivalent Annual Method is utilized and then various regression techniques are applied for deriving an effective economic life-cycle. The economic life-cycle of the K-1 tank results in 13 years in this study. considering 95% confidence interval, the life cycle of the K-1 tank is between 10.5 years and 15.5 years.

• 한국지열·수열에너지학회논문집
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• 제15권1호
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• pp.9-17
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• 2019

Reducing global warming potential has become important, and as one of those methods for reducing it, economic evaluation by applying ice thermal storage air conditioning system was performed. The floor area and height of the subject building was assumed $5,000m^2$ and 20 m. Absorption chillerheater system and air source heat pump system was used for comparing to the subject system, and payback period method was used to perform economic evaluation. Although the running cost of ice thermal storage system is reduced compared to two systems, the ratio is not significant compared to the increase of initial construction expenses, and payback period was calculated to be about 7.7 and 79.3 years. However, the heat storage system should be approached from the viewpoint of long term rather than the economic standard in the present standard.

• 신재생에너지
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• 제20권1호
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• pp.52-60
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• 2024

This study conducted an economic analysis of renewable heat energy by estimating the levelized cost of heat production (LCOH) of ST and GSHP and comparing it with the cost of alternative fuels. The LCOH of ST ranged from 396.8 KRW/kWh to 578.7 KRW/kWh (small-scale), 270.3 KRW/kWh to 393.3 KRW/kWh (large-scale), and 156.3 KRW/kWh to 220.7 KRW/kWh for GSHP. The economic feasibility of ST and GSHP was analyzed by comparing the calculated LCOH and the fuel costs such as gas and kerosene prices. Moreover, scenario analyses were conducted for installation subsidies under the current system to examine the changes in the economics of renewable thermal energy.