• Title/Summary/Keyword: Feasibility analysis

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Using Cost-Benefit Analysis for a Feasibility Study on Constructing a Storage Facility in the Small River Basin (비용편익 분석을 통한 소하천유역의 저류조 설치 타당성 분석연구)

  • Seo, Se-Deok;Lee, Seung-Wook;Park, Hyung-Keun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.36 no.1
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    • pp.135-141
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    • 2016
  • This study aims to analyze the feasibility of installing a storage facility and make recommendations based on a cost-benefit analysis regarding the installation of a storage facility capable of preventing both floods and droughts. The capacity and installation costs are specified for the storage facility necessary to prevent floods, and a cost-benefit analysis is conducted by calculating the costs and benefits for each cost or benefit factor such as loss amounts, recovery costs, and drought prevention. The information can be used as the basic data for suggesting the feasibility of installing a multipurpose storage facility capable of preventing floods and droughts simultaneously. Also, this study expects to utilize its detailed results in a number of different ways including the prediction of loss amounts from natural disasters.

Economic Feasibility Analysis for Introducing Integrated Management System for Supporting Underground Construction (지하구조물건설 현장지원 통합관리시스템 도입을 위한 경제적 타당성 분석)

  • Baek, Hyeon Gi;Jang, Yong Gu;Seo, Jong Won
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.30 no.5D
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    • pp.513-522
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    • 2010
  • Underground construction for traffic networks, complexes, and storage facilities has risen as an effective land use plan for dealing with emerging problems such as overcrowded urban cities and traffic jams. This paper performed an economic feasibility analysis of the development of the integrated field management system which provides field workers and managers with 3D-based location tracking and clear communication during underground construction works. To conduct the analysis, processes and problems of field management for underground construction were analyzed and deduction in accidents and field management costs and productivity improvement were estimated as expected benefits. Based on computed benefits and costs, an economic analysis was conducted using Benefit/Cost ratio(B/C), Net Present Value(NPV), and Internal Rate of Return(IRR) and then sensitivity analysis was performed to cope with the uncertainty of assumed variables.

A Systematic Approach to Accident Scenario Analysis: Child Safety Seat Case Study (체계적 사고 시나리오 분석기법을 이용한 유아용 안전의자 사례연구)

  • Byun, Seong-Nam;Lee, Dong-Hoon
    • IE interfaces
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    • v.15 no.2
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    • pp.114-125
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    • 2002
  • The objective of this paper is to describe a systematic accident scenario analysis method(SASA) adept at creating accident scenarios for the design of safer products. This approach was inspired by the Quality Function Deployment(QFD) method, which is conventionally used in quality management. In this study, the QFD provides a formal and systematic scheme to devise accident scenarios while maintaining objectivity. SASA consists of three key stages to be broken down into a series of consecutive steps:(1) developing an accident analysis tableau,(2) devising the accident scenarios using the accident analysis tableau,(3) performing a feasibility test, a clustering process and a patterning process, and finally(4) performing quantitative evaluation of each accident scenario. The SASA was applied to a case study of child safety seats. The accident analysis tableau devised 2828(maximum) accident scenarios from all possible relationships between the hazard factors and situation characteristics. Among them, 270 scenarios were devised through the feasibility test and the clustering process. The patterning process reduced them to 29 patterns representative of all accident scenarios. Based on an intensive analysis of the accident patterns, design guidelines for a safer child safety seat were recommended. The implications of the study on the child safety seat case were then discussed.

An economic feasibility analysis of the automatic operation system development for hairtail trolling line in Jeju region, Korea (제주지역 갈치 끌낚시 조업 자동화 시스템 개발의 경제성 분석)

  • HONG, Seong-Wan;YANG, Ung-Gyu;KIM, Mun-Kwan;PARK, Yong-Seok;PARK, Kyoung-Il;KIM, Do-Hoon
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.54 no.2
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    • pp.164-172
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    • 2018
  • This study aimed to analyze the profitability and economic feasibility of hairtail trolling line gear that was developed for the last 3 years (2015-2017). The new fishing gear technology development was accomplished to solve the current problem of fishermen shortage in hairtail targeting fisheries in Jeju region. Results indicated that the profitability of developed hairtail trolling line fishery was estimated to be 36.1 % which would be higher than that of other hairtail targeting fisheries in Jeju region. In addition, as an economic feasibility, the net present value and the internal rate of return of a 20-year cash inflow and outflow were evaluated to be 400.2 million won and 66.9 %, respectively. However, sensitivity analyses of main variables showed that the profitability and economic feasibility would be vulnerable to catch amount and market condition changes.

Economic Feasibility Analysis of Marine Debris Pollution Abatement Technology Program (해양쓰레기 오염대응 기술개발사업의 경제적 타당성 분석)

  • Kwon, Young-Ju;Park, Se-Hun;Yoo, Seung-Hoon
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.17 no.4
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    • pp.274-282
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    • 2014
  • The Korean government is considering the implementation of the marine debris pollution abatement technology program (MDPATP) to mitigate the negative impacts of marine debris and systematically manage marine debris through scientific researches such as monitoring and environmental impact assessment of marine debris. In this regard, this study attempts to analyze the economic feasibility of the MDPATP in order to provide policy-maker with useful information. To this end, the indices for economic feasibility such as net present value (NPV), benefit/cost (B/C) ratio, and internal rate of return (IRR) are presented. The results show that NPV, B/C ratio, and IRR are computed to be 45.7 billion won, 2.72, and 17.12%, respectively, which are bigger than 0, 1.0, and 5.5%, and that the MDPATP passes the cost-benefit analysis. Thus, it is concluded that it is socially profitable to conduct the MDPATP.

Development of a Computer Code, CONPAS, for an Integrated Level 2 PSA

  • Ahn, Kwang-Il;Kim, See-Darl;Song, Yong-Mann;Jin, Young-Ho;Park, Chung K.
    • Nuclear Engineering and Technology
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    • v.30 no.1
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    • pp.58-74
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    • 1998
  • A PC window-based computer code, CONPAS (CONtainment Performance Analysis System), has been developed to integrate the numerical, graphical, and results-operation aspects of Level 2 probabilistic safety assessments (PSA) for nuclear power plants automatically. As a main logic for accident progression analysis, it employs a concept of the small containment phenomenological event tree (CPET) helpful to trace out visually individual accident progressions and of the detailed supporting event tree (DSET) for its detailed quantification. For the integrated analysis of Level 2 PSA, the code utilizes five distinct, but closely related modules. Its computational feasibility to real PSAs has been assessed through an application to the UCN 3&4 full scope Level 2 PSA. Compared with other existing computer codes for Level 2 PSA, the CONPAS code provides several advanced features: (1) systematic uncertainty analysis / importance analysis / sensitivity analysis, (2) table / graphical display & print, (3) employment of the recent Level 2 PSA technologies, and (4) highly effective user interface. The main purpose of this paper is to introduce the key features of CONPAS code and results of its feasibility study.

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