• Title/Summary/Keyword: Economical feasibility

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Feasibility Study for the Stable Operation of Cheju Network (제주계통의 안정적 운전에 대한 타당성 연구)

  • Kim, Chan-Ki;Chang, Jae-Won;Moon, Bong-Soo;Shim, Jeong-Woon
    • The Transactions of the Korean Institute of Power Electronics
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    • v.13 no.5
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    • pp.344-351
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    • 2008
  • The benefits of utilizing energy exchange between the main land and Cheju island in Korea make it interesting to establish new HVDC sea cable interconnections. A total power of 350 MW or more can then be exchanged through the HVDC links including the existing Cheju HVDC #1 interconnection. A feasibility study base on economical benefits has been carried out. Especially the comparison of economy benefit between thermal power plant, LNG power plant and HVDC system shows that HVDC system is the only solution in Cheju island. Also, this paper shows that additiona 1 HVDC system help to enhance the stability of power system.

A Theoretical Study on the Feasibility Analysis of Forestland Purchase - Especially on the Financial Analysis - (임지매입(林地買入) 타당성(妥當性) 분석(分析)을 위한 이론적(理論的) 고찰(考察) - 재무분석(財務分析)을 중심(中心)으로 -)

  • Park, Myong Kyu;Seol, In Joon
    • Journal of Korean Society of Forest Science
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    • v.61 no.1
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    • pp.53-59
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    • 1983
  • Premise was needed to develop and utilize forestland for productive use. First, the market price of forestlands should be fixed on a reasonable level. Secondly, it should be ascertained whether efficient and economical use of capital is possible when individual investors intend to develop the forestland. Therefore, this study recommends the method for estimating the market price of forestland and theoretical methodology on feasibility of development promotion for individual investors.

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The Economic Feasibility of Building-Integrated Photovoltaics System Installed on the Roof of Residential Building - Focused on Comparison with Construction Cost of BAPV System Depend on Roof Finishing Materials

  • Oh, Byung-Chil
    • KIEAE Journal
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    • v.17 no.1
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    • pp.15-21
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    • 2017
  • Purpose: This study was on the economic feasibility of BIPV system, focused on comparison with construction cost of BAPV system depend on roof finishing materials, and to suggest basic data on the construction cost. Method: Construction cost of BAPV system was calculated, by selecting asphalt single, flat type roof tile, color steel plate, titanium zinc plate as roof finishing material of residential building and by sum up each cost for roof finishing construction and cost for 3kWp-volumed PV module installation. Also, the economic feasibility was analysed quantitatively by comparing the cost for BIPV system construction, installing same volumed PV module instead of roof finishing materials. Result: 1. By installing BIPV system instead of the roof finishing material, the cost of construction falls ; about 19% in case of the titanium zinc plate, which is the most expensive, and about 11% in case of the color steel plate. 2. Reducing amount of the construction cost gets larger because of installing BIPV module instead of the roof finishing material, as the construction cost for roof finishing material gets higher ; therefore, it is more economical than BAPV system in terms of whole cost of construction.

Analysis of cabbage acquisition by kimchi processor

  • Ga Eul Kim;Seon Min Park;Sounghun Kim
    • Korean Journal of Agricultural Science
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    • v.50 no.3
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    • pp.447-456
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    • 2023
  • Cabbage, which is one of the main materials of kimchi, normally has an unstable supply due to cultivation and climate conditions. This unstable supply negatively affects the profitability of kimchi processors in Korea. Thus, kimchi processors found a better method for acquiring a consistent cabbage supply with long-term storage of over 3 months. However, a consensus regarding the best method for the stable and economical acquisition of cabbage remains controversial. This study aimed to analyze the current issue concerning cabbage acquisition by kimchi processors and evaluate the economic feasibility of kimchi storage. Findings obtained through survey and economic analyses using theoretical methodology were as follows: First, A survey conducted on kimchi processors in Korea revealed that even though they recognize the importance of kimchi storage, they struggle to store adequate amounts of cabbage. This is particularly evident with summer cabbage, which experiences the highest supply volatility and thus requires greater attention from kimchi processors in terms of storage. Second, the price analyses using the coefficient of variation show that cabbage in Korea has a high level of price instability, which suggests more storage of cabbage. Third, the evaluation of the economic feasibility of cabbage storage indicated that kimchi processors should consider storing a greater amount of cabbage, particularly during the summer season. This approach can help reduce the overall cost associated with kimchi processing.

A study on the status and improvement of preliminary feasibility study of culture and tourism projects (문화.관광부분사업의 예비타당성조사 실태분석 및 개선방안 연구 -운용관리비용 분석을 중심으로-)

  • Sun, Shu-Li;Kim, Ju-Hyung;Shin, Sung-Wooi;Kim, Jae-Jun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.6
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    • pp.129-138
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    • 2007
  • According to the preceding research outcomes, feasibility studies on public construction projects were incorrect and subjective. To resolve the problems, Korean government initiated Preliminary Feasibility Study (PFS) system prior to undertaking the main feasibility study. The PSF can be categorized into four areas such as road, railroad, harbor, airport, and Culture & Tourism (C&T). Especially when it comes to complex due to the introduction of five-weekday working system and local $government^{\circ}{\phi}s$ self administrative system. As a result, the standardization and legislation of the PSF can not be operated effectively. Accordingly this paper seeks to 1) identify actual condition of conducted PSF in C&T; 2) set up analytical model considering cost factor of economical efficiency and seek obstacles of PSF system; 3) suggest improvement plan for construction PSF projects.

Feasibility Study on Introduction of Piggy-back System by Applying Transport Database

  • Lee, Yong-Jae;Lee, Chulung;Kim, Yong-Hoon;Han, Seong-Ho
    • Journal of the Korea Society of Computer and Information
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    • v.27 no.1
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    • pp.157-166
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    • 2022
  • In this study, The goal is to analyze the feasibility of introducing a Piggyback system that can reduce the time and cost incurred by transshipment work and improve the transportation speed when transporting complex cargo by rail. To this end, the feasibility analysis methodology is reviewed through domestic and international literature review. In order to quantitatively derive the feasibility analysis values, a transportation database was applied to develop a freight transport simulation model and a freight demand prediction model for major freight transport O-D routes with a transportation distance of 200 km or more. As a result of analyzing economic feasibility by setting the analysis period to 15 years on the premise that the Piggyback System will be introduced on major cargo transport O-D routes in 2025, the NPV value was positive and the B/C value was 1.18, indicating that the Piggyback system was economical. The proposed research method can be meaningful data for establishing transportation policies that can improve the competitiveness of railroad transportation.

Comparison of operational efficiency between sand-filtration process and membrane filtration process (모래여과 공정과 막여과 공정의 운영효율 비교)

  • Byeon, Kwangjin;Jang, Eunsu
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.6
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    • pp.529-537
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    • 2017
  • Membrane filtration process is an advanced water treatment technology that has excellently removes turbidity and microorganisms. However, it is known that it has problems such as low economic efficiency and the operating stability. Therefore, this study was to evaluate on the economical feasibility and operational stability comparison of membrane and sand filtration process in Im-sil drinking water treatment plant. For the economic analysis of each process, the electricity cost and chemical consumption were compared. In the case of electric power consumption, electricity cost is $68.67KRW/m^3$ for sand filtration and $79.98KRW/m^3$ for membrane filtration, respectively. Therefore, membrane filtration process was about 16% higher than sand filtration process of electricity cost. While, the coagulant usage in the membrane filtration process was 43% lower than the sand filtration process. Thus, comparing the operation costs of the two processes, there is no significant difference in the operating cost of the membrane filtration process and the sand filtration process as $85.94KRW/m^3$ and $79.71KRW/m^3$ respectively (the sum of electricity and chemical cost). As a result of operating the membrane filtration process for 3 years including the winter season and the high turbidity period, the filtrated water turbidity was stable to less than 0.025 NTU irrespective of changes in the turbidity of raw water. And the CIP(Clean In Place) cycle turned out to be more than 1 year. Based on the results of this study, the membrane filtration process showed high performance of water quality, and it was also determined to have the economics and operation stability.

A Comparative Study on Clothing Behavior by Lifestyle - Focused on Korean and American women in 30s - (라이프스타일 차이에 따른 의복행동 비교 연구 - 한국과 미국의 30대 여성들을 중심으로 -)

  • Im, Sung-Kyung
    • Fashion & Textile Research Journal
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    • v.12 no.5
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    • pp.608-618
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    • 2010
  • The purpose of this study was to offer basic data to global fashion market by surveying differences between lifestyle of women in Korea and America and their clothing behavior with female consumers in 30s in Korea or America with each other cultural background, comparing/analyzing differences between lifestyle and clothing behavior according to Korea and America and making a close inquiry into an effect of lifestyle on clothing behavior. The results of the study were as follows. First, when the study carried out factor analysis of lifestyle, five factors- outward appearance-oriented, leisure-oriented, family-centered, information-oriented and economy- oriented-were deducted. In outward appearance-oriented lifestyle and information-oriented lifestyle, the women in Korea were higher than the women in America. In family-centered lifestyle, the women in America were higher than the women in Korea. Second, when the study carried out factor analysis of clothing behavior, eight factors- aesthetics, indifference, interest, economical feasibility, sympathy, planning, brand-oriented tendency and individuality-were deducted. In interest, sympathy, planning and individuality, the women in Korea were higher than the women in America. On the other hand, in indifference and economical feasibility, the women in America were higher than the women in Korea. Third, in the women in Korea, their lifestyle had an effect on aesthetics, indifference, interest and brand-oriented tendency. Especially, information-oriented lifestyle had an effect on four clothing behaviors. In the Korean women, their outward appearance-oriented and leisure-oriented lifestyles had an effect on only aesthetics, indifference and interest.

Development and Case of Manipulator Robot for Live-Working on Distribution Lines (배전선로 무정전 활선작업용 Manipulator 개발현황 및 사례)

  • Kim, Jae-Hoon;Kim, Seung-Ho;Kim, Chang-Hoi;Lee, Heung-Ho;Han, Sang-Ok
    • Proceedings of the KIEE Conference
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    • 2005.05b
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    • pp.45-50
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    • 2005
  • Nowadays, economical and social environments are changing to the type of an advanced country for development of techniques in power industry. So most of workers are recently avoiding the 3D works and asking for safety of working environment, etc. in highly dangerous parts such as hot line working on distribution lines, especially. Therefore, most advanced countries are using the support-arm or robotic systems on distribution line works for securing the construction reliability, economical feasibility and protection of linemen from the electric shock and so forth. In special Japanese electric power companies are using the robotic system named manipulator. In Korea, a support-arm has been developed for safety and facility in live working on distribution lines but not widely supplied. In this paper we will introduce development cases of support arm and manipulator robot for live working on distribution lines.

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A Feasibility Study on Semi-Cash Payment of Construction Subcontracting (건설 하도급공사에서 현금성결제수단 적용의 타당성 분석)

  • Koo Jeong-San;Jung Sung-Hun;Um Ik-Joon;Koo Kyo-Jin
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2004.11a
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    • pp.311-316
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    • 2004
  • According to subcontracting company's capital circumstanre change for the worse by price regionalism and long bill supply and demand, bill principal parts settlement means were introduced. But, performance disgrace is inactive except some corporation. The purpose of this study is presenting loss and gain datum point that is standard of economical price disbursement means at construction subcontracting construction price settlement connection corporation purchaser gold Beaning means application and supply basis data. economical gains by high cash specific gravity

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