• Title/Summary/Keyword: Economic efficiency index

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A Case Study on the Development of Evaluation Index and the Management System for IT Investment of Organizations (기업의 IT 투자 평가 효율화를 위한 지표 도출 및 투자관리체계에 관한 사례연구)

  • Kang, Sung-Min;Jang, Kang-Il
    • Information Systems Review
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    • v.7 no.1
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    • pp.219-239
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    • 2005
  • The interest in economics and efficiency of IT investment is growing as the amount of overall organizational IT investment steadily increases. In order to accurately analyze the economics of IT investment, there is a strong need for organization of IT management process and evaluation index, which can be used to determine whether the expenditure incurs effectively for IT investment. This study discusses the prior researches on concepts regarding the analysis of IT investment effect in an organization as proposed from academic and professional perspectives. This study makes contribution in examining the potential issues and their relevant solutions when implementing the management process/system of IT investment based on the case of Company A. We partly try to distinguish the concepts and realities by understanding the core issues involving the IT investment management process/system and make practical suggestions for the companies that plan to implement the efficient IT investment management process/system in the future.

Education Efficiency Analysis of Architectural Design Firms Using a Combined AHP and DEA Model (DEA/AHP 결합모형을 이용한 건축 설계사무소의 교육효율성 분석)

  • Seo, Hee-Chang;Oh, Jung-Keun;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.3
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    • pp.78-87
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    • 2013
  • The modern society has been drastically changed from the industrial economic society to the knowledge based society, to catch up with the knowledge and the change of technology required for the modern people, the people can not live in the modern society without the continued study or education. In case of architectural design firm, it is concentrating on the productivity of enterprise by cultivating the working level through the self education focused on the improvement of inner capacity. In connection with this, the efficiency of enterprises are analyzed by carrying out the Data Envelopment Analysis(DEA) utilizing the financial ratio index in the various field of industries recently, the analysis study for the efficiency utilizing DEA is increased in the construction industries as well. However, in case of construction industries, the study focused on the efficiency of administration only has been progressed, it is the real situation that the approach for the analysis of education efficiency of each enterprise is very insufficient. Therefore, this study analyzed the education efficiency of architectural design firm after the selection of input and output variables by utilizing the DEA model and utilizing the AHP analysis technique by deducting the variables through the preceding study in relation to the education efficiency and the interview with the specialists.

A Study on the Characteristics of Local Energy Consumption by Using Index Decomposition Analysis (지수분해분석을 이용한 지자체의 에너지 소비특성에 관한 연구)

  • Jin, Sang Hyeon;Hwang, In Chang
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.557-586
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    • 2009
  • Although energy demand management policy attracts attention internationally and domestically, the importance of local government in this policy is not so much as central government. But local government can do a role with regard to this policy because it is close to energy consumers not like central government. So local energy plan should be based on the understanding local energy consumption characteristics to activate local energy demand management policy. This paper tries to analyze energy characteristics of 16 local governments by decomposing energy consumption into population, production and intensity factors. The result of index decomposition analysis shows that energy intensity improvement has offset the increase of energy consumption caused by economic growth in the metropolitan cities, while it couldn't offset in the other provinces because of industrialization based on the manufacturing. In conclusion, this paper suggests that it will be necessary to switch to low energy society by carrying out concrete energy efficiency improvement projects in the metropolitan cities while it will be helpful to make a local development plan for low energy intensive industrialization in the other provinces.

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Probabilistic Analysis using Economical Evaluation for Shale Gas Development (셰일가스 개발 시 확률론적 분석 기법을 이용한 경제성 평가)

  • Moon, Young-Jun;Moon, Seo-Yoon;Gil, Seong-Min;Shin, Hyo-Jin;Lim, Jong-Se
    • Journal of the Korean Institute of Gas
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    • v.22 no.2
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    • pp.21-28
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    • 2018
  • In recent years, payability of shale gas production has worsened due to oil and gas price declines resulting from sharply increasing shale gas production. Reliable economic evaluation in shale gas development has become important. In this study, Monte Carlo simulation of probabilistic analysis technique was applied to analyze the economic feasibility considering the uncertainty involved in shale gas development. For this, the range of major variables is set and a random number is generated to derive the probability distribution of Net Present Value(NPV) and Internal Rate of Return(IRR). Consequently, we estimated the probability that the feasibility of the project is evaluated to be positive when developing shale gas in the study area. In addition, sensitivity analysis of major parameters affecting economic efficiency in shale gas development was carried out, and the effect of major variables in economic evaluation for commercial production was identified. In the future, this study could be used to make decision for shale gas production by presenting the range of variation of economic index and probability value.

Effect of Groundwater Anions and pH on the Sorption Removal of Heavy Metals by Bentonite (벤토나이트의 중금속 흡착제거에 대한 pH와 지하수 음이온의 영향)

  • 정찬호
    • Economic and Environmental Geology
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    • v.33 no.1
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    • pp.31-40
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    • 2000
  • Sorption characteristics of Pb, Cu, Cd, and Zn onto Ca- and Na-bentonites were investigated by the batch experiments in the condition of various pHs and concentrations of groundwater major anions (${So_4}^{2-}$ and ($HCO_3$), which can form a complex with heavy metals. The sorption removal of heavy metals steadily increases as pH increases. The sorption capability about heavy metals of both Ca-bentonite and Na-bentonite is in the order of Pb>Cu>Zn>Cd. The effect of pH and selectivity of heavy metals of bentonites were explained by the change of surface charge of bentonite and the speciation of heavy metals. Na-bentonite has a little higher sorption ability about heavy metals than that of Ca-bentonite. A high sorption removal of Pb in 0.1M sulfate solution may be attributed to the precipitation of $PbSo_4$(anglesite). However, sulfate has a slight effect on the sorption of CU, Cd and Zn. More than 99% of heavy metals were removed from the 0.1 M bicarbonate solution. However, the efficiency of sorption removal of heavy metals highly decreases in the bicarbonate solution of $10^{-2}$M to $10^{-4}$M. The speciation and saturation index calculated by the WATEQ4F program indicate that the sorption of anionic complexes such as ${Pb(CO_3)_2}^{2-}$, ${Cd(CO_3)_2}^{2-}$, ${Zn(CO_3)_2}^{2-}$, ${Cu(CO_3)_2}^{2-}$ and the precipitation of the solid phases such as $PbCO_3$(cerrusite), $ZnCO_3$(smithsonite), $CdCO_3$(obtavite) are involved in sorption removal of heavy metals in bicarbonate solution. The sorption capability about heavy metals of bentonites in the presence of anions shows the following order: Pb>Cu Cd>Zn.

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The Development of Economical Index for Site Recycling of Waste Concrete - A Case study at Hosing Development District - (폐콘크리트의 현장재활용을 위한 경제성 지표개밭 -택지개발사업지구를 중심으로-)

  • Jung, Jong-Suk;Lee, Jae-Sung;Jo, Whi-Chol;Jun, Myoung-Hoon;Lee, Do-Heun;Bang, Jong-Dae
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.4
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    • pp.146-154
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    • 2007
  • Recently, the construction wastes increase rapidly due to the revitalization of reconstruction and redevelopment, the development of new urbanization of large housing development, the expansion of social infrastructure, and so on. To solve rapid increase of construction waste, the government established "the rule on the promotion of recycling of construction waste" in December, 2003. According to the rule, construction wastes can be recycled by either processing on commission or discharger of construction waste. This study proved the validation of site recycling for construction waste as economic efficiency is analyzed through the case study of site recycling at large housing development district. Using the sensitivity analysis, factors affecting the cost of site recycling was analyzed and the break-even point for the cost of site recycling was estimated according to the factors.

A Study on Competitive Power and Effective Distribution Structure of Korean Fisheries (우리나라 수산업의 경쟁력 분석 및 유통구조 선진화 방안에 관한 연구)

  • Kim, Cheong-Yeoul
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.283-302
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    • 2009
  • This study analyses the current status of trade in Korean fisheries and competitive power in export to China in the era of actual open-door policy, aiming to figure out problems in distribution Structure of fisheries and suggest directions for further development in this area. Political efforts have been consistently made to change distribution system of our fisheries into low-cost and high-efficiency system, but continuous contradictions occur in actual distribution. In this reality, we need a new perspective to reorganize distribution markets according to real conditions. To improve distribution Structures for fisheries, political focus should be given on reorganization of the entire structure. And to develop political directions for fisheries, we should evaluate its competitive powers and based on the results, we should develop efficient measures to use limited political resources.

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Economic Assesment for Track Ballast Structures based on Proper Maintenance Level (적정 유지관리수준에 기초한 궤도도상구조에 대한 경제성 검토)

  • Baek, Jae-Wook;Joo, Hwan-Joong;Song, Yoo-Seob;Park, Tae-Hyo
    • Journal of the Korean Society for Railway
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    • v.10 no.2 s.39
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    • pp.167-178
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    • 2007
  • In general, it is known that the concrete ballast track is possible to reduce a cost of maintenance activities cause of maintenance free by restrictive maintenance in application of track ballast structures. However, if deteriorations and fracture mechanism of a material are considered, proper maintenance activities and repairing are continually required. For the problems, we evaluated an economical efficiency of the gravel ballast and the concrete ballast on a proper level of maintenance activities. As the method based on history path is difficult to obtain sufficient reliabilities cause of an absence of real data for maintenance activities, we chose the delphi survey method by professional group, and we obtained the appropriate index and profiles for maintenance activities. As a result, we founded that effects for cost reduction can be expected by preventive maintenance management, and we proposed economical restrictions and life cycle cost for track ballast structures in a life cycle.

Research on the Amount of Empty Containers in Japanese Main Ports

  • Kubo, Masayoshi;Zhang, Wenhui
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.08a
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    • pp.87-95
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    • 2004
  • Economic development is remarkable in Asia and progress of industrialization of NIES, ASEAN, and China in East Asia has increased the international physical distribution in this area. However, an imbalance of trade becomes severe in these areas. The imbalance is especially big in the Asia-North America route and the Japan-China route. The imbalance in the Asia -North America liner route is 5.04 million TEUS in 2002.The transportation ratio of loaded containers between China and Japan route is approximately 3:1 in 2000. In other words, it means that the transportation of loaded containers from China to Japan is 3, the transportation of loaded containers from Japan to China is I. The imbalance at a port is generally obtained by subtracting export loaded container cargo volume from import container cargo volume. However, the imbalance and the empty containers at the port are not always same. Then, in order to evaluate rationalization and efficiency of maritime container transportation, we introduce the amount of empty containers at a port as an evaluation index. However, the past data of the amount of handling empty containers have a lot of lacking portions. Then, it is necessary to estimate the past amount of empty containers in order to grasp the amount of empty containers historically. So, we construct the model that estimates the amount of empty containers using the imbalance of main port statistics in Japan.

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Effect of Split Diets on Laying Performance and Egg Quality in Layers (산란계 사료의 오전, 오후 분리 급여 효과)

  • 이상진;김상호;강보석
    • Korean Journal of Poultry Science
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    • v.25 no.2
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    • pp.71-77
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    • 1998
  • This study was investigated to study split diets on laying performance and eggshell quality with Hy-Line brown layers 43 weeks old for 12 weeks Layers fed a conventional diet and split diets were divided into morning and afternoon diet. The conventional diet contained 3.4 % Ca was given constant nutrients all day. Hens of the split diets fed morning diets contained 0.5 % Ca constantly and afternoon diets contained 5.9, 8.0, and 10.0 % Ca in T1to T3. Split diets were given morning diets from 04:00 to 15:00 and afternoon diets 15:00 to 21 :00 alternately. Egg production, egg weight, and egg mass were not significantly different among diets. Abnormal eggs decreased in T1 and T2, but no significantly differed(P>0.05). Feed intake decreased in all of split diets compared to control diets (P <0.05). So, feed conversion ratio also improved in split diets(P<0.05). ME and CP intake decreased in T2 and T3, and Ca intake increased in proportion to Ca content of diets(P<0.05). ME and CP requirements per kg eggs decreased in the split diets, and that of Ca increased. Although there were not different significantly, egg shell strength and thickness improved slightly in T2 at 12 week. Yolk color, haugh unit and yolk index were not different among diets. Therefore, we concluded that split diet feeding to layer could improve feed and economic efficiency with normal egg production.

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