• 제목/요약/키워드: IRR

검색결과 269건 처리시간 0.027초

Measurement of Incident-reporting Rate for Developing a Leading Indicator of Safety Culture (안전문화 선행지표 개발을 위한 사건보고율 측정)

  • Kim, Beom Soo;Jin, Sangeun;Chang, Seong Rok
    • Journal of the Korean Society of Safety
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    • 제33권6호
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    • pp.93-101
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    • 2018
  • Various leading indicators of safety culture have been advocated for proactive actions as lagging indicators have limitations in reflecting the attitudes and behaviors due to their reactivity and low sensitivity. This study proposes a model of incident-reporting culture (IRC) and determines the influence of the components on incident-reporting rate (IRR) in order to develop proactive indicators of safety culture. A questionnaire survey was administered to 614 workers at a chemical company in Korea, and the internal psychological aspects were explored by using perceptions, attitude, and backgrounds. The relationship between these factors and IRR was quantitatively confirmed. The workers are more reluctant to report injury than property damage, the perception of severity is the most influencing factor, and most property damages are reported regardless of worker's willingness. These features should be prioritized when improving IRC, and the criteria of IRC need to be aligned with safety culture.

Economic analysis of the loading-unloading and automatic weighing systems in laver aquaculture industry (양식장 물김 이송 및 중량 자동측정 시스템 개발의 경제성 분석 연구)

  • Dae-Hyon KIM;Eun-Bi MIN;Tae-Jong KANG;Doo-Jin HWANG
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • 제59권2호
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    • pp.181-187
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    • 2023
  • Laver aquaculture, which occupies a large proportion in the aquaculture industry in Korea, is still highly dependent on human labor. Therefore, it is necessary to study the development of an automatic system to improve the working environment and increase the efficiency of aquaculture production systems. The purpose of this study is to evaluate the economic feasibility of an improved system in a study for the loading-unloading and automatic weighing systems in laver aquaculture industry. Economic analysis of the developed unloading and automatic weighing system were implemented under various conditions to calculate more accurate benefits and costs. As a result of this study, the economic feasibility was found to be very high in the three models: net present value (NPV), benefit-cost ratio (B/C), internal rate of return (IRR). Moreover, the results of sensitivity analysis showed that the economical efficiency of the automatic loading, unloading, and weighing system in laver aquaculture was very high.

IMPACT OF CONSTRUCTION MATERIAL COST VARIATION ON THE ON THE FEASIBILITY OF BUILDING PROJECTS IN DEVELOPING COUNTRIES: A CASE STUDY IN VIETNAM RISK

  • Soo-Yong Kim;Luu Truong Van;Byeong-Gi Yoo;Luong Thanh Dung
    • International conference on construction engineering and project management
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.96-105
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    • 2007
  • This paper presents a study on the impact of variation of construction material prices on the feasibility of building projects in Vietnam. The paper makes use of Monte-Carlo simulation for financial risk analysis of net present Value (NPV) and internal rate of return (IRR). To well illustrate the influencing, a case study is presented. The research results show that there is a strong correlation between steel prices, gold prices, and $US exchange rate. Outputs of statistics also reveal that the concurrent variation of prices of cement, steel, sand, brick, formwork and stone has strongly negative impact on NPV and IRR of building projects. The results also indicate that the proportion of steel cost to total construction cost is 17.95% which is the cause of risks for the feasibility of building project in Vietnam. The paper stresses that feasibility study of building project must integrate the impact of construction materials prices in order to mitigate risks in developing countries as Vietnam.

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A Study on the Business Feasibility of Marine Leisure Ship

  • Jung-Suk Choi;Kyoung-Hoon Choi
    • Journal of the Korean Society of Marine Environment & Safety
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    • 제29권3호
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    • pp.288-295
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    • 2023
  • The purpose of this study is to evaluate the feasibility of the new marine leisure ships. In order to achieve the research purpose, the cost and income were calculated based on the operating of other marine leisure ships, and the feasibility of the project was empirically analyzed. This study established a research model that applies the values derived by empirically analyzing ships with similar specifications, to the new marine leisure ships. We then calculated the cost-benefit analysis, net present value, and internal return, and evaluated the feasibility of the project based on this. As a result of the business feasibility analysis of investing in marine leisure ship, it was found that economic feasibility exists with a B/C of 1.042 and 1.049 for new and secondhand ships, respectively; however, considering the stability of the ship and the publicity and continuity of the business operation, it is recommended to invest in new ships compared to secondhand ships. The total benefit over the 10-year operating period using a social discount rate of 4.5% was evaluated to be about KRW 292.0 billion, which is higher than the total cost of KRW 256.6 billion. In conclusion, the profitability analysis showed that the B/C was 1.042, the NPV was KRW 193 billion, and the IRR was 2.1%, which indicates that profitability is weakly secured.

Bioblock technique to treat severe internal resorption with subsequent periapical pathology: a case report

  • Mark Frater;Tekla Sary;Sufyan Garoushi
    • Restorative Dentistry and Endodontics
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    • 제45권4호
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    • pp.43.1-43.9
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    • 2020
  • A variety of therapeutic modalities can be used for the endodontic treatment of a traumatized tooth with internal root resorption (IRR). The authors present a case report of the successful restoration of a traumatized upper central incisor that was weakened due to severe IRR and subsequent periapical lesion formation. A 20-year-old female patient was referred to our clinic with severe internal resorption and subsequent periapical pathosis destroying the buccal bone wall. Root canal treatment had been initiated previously at another dental practice, but at that time, the patient's condition could not be managed even with several treatments. After cone-beam computed tomography imaging and proper chemomechanical cleaning, the tooth was managed with a mineral trioxide aggregate plug followed by root canal filling using short fiber-reinforced composite, known as the Bioblock technique. This report is the first documentation of the use of the Bioblock technique in the restoration of a traumatized tooth. The Bioblock technique appears to be ideal for restoring wide irregular root canals, as in cases of severe internal resorption, because it can uniquely fill out the hollow irregularities of the canal. However, further long-term clinical investigations are required to provide additional information about this new technique.

Economic Assessment of Manganese Nodules Mining (심해저 망간단괴 사업의 경제성 평가)

  • Hwang, Seog-Won;Hwang, Jung-Tae
    • The Sea:JOURNAL OF THE KOREAN SOCIETY OF OCEANOGRAPHY
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    • 제13권3호
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    • pp.260-270
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    • 2008
  • The economics of manganese nodules mining was assessed based on 36 scenarios which reflect recent changes of the metal market. Those scenarios included optimistic/neutral/pessimistic prospect for the cost, 2 production scales(1.5 MT and 3 MT) and 6 assumptional paths of future metal prices. A large part of scenarios, in which optimistic or neutral prospect for the cost and metal prices were assumed, showed good economic feasibility of the project. For example, 37.12% of Internal Rate of Return(IRR) was obtained in the scenario of 3 MT production, neutral cost prospect and present metal price maintained in the future.

Economic Impact Analysis on a R&D Project of Groundwater Remediation : A Case Study of Busan, Ulsan and Gwangju Metropolitan City (지하수자원기술의 경제적 파급효과분석 사례연구 - 대도시지역(부산, 울산, 광주) 지하수오염저감기술연구사업을 중심으로 -)

  • Ahn Eun-Yuung;Kim Seong-Yong;Lee Jae-Wook;Son Byeong-Kook;Kim Jeong-Chan;Synn Joong-Ho
    • Journal of Soil and Groundwater Environment
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    • 제10권1호
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    • pp.18-25
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    • 2005
  • For economic impact analysis on a R&D project of groundwater remediation in the metropolitan areas conducted as a fundamental research programme of KIGAM from 1998 to 2002, benefit/cost ratio(BCR), net present value(NPV), and internal rate of return(IRR) were calculated using a contingent valuation method(CVM). Measurable direct benefit parameters among the major outputs of this project consist of setup of drinking water facilities and groundwater information data valuation. In this study, economic impact of the project in NPV of year 2002, with applying a discount rate of $10.0\%$, was identified and estimated as 5.09 billion won in cost, 67.69 billion won in benefit, 62.60 billion won in NPV, 13.3 points in BCR, and $152\%$ in IRR, respectively.

Development of a GIS Application Model for Analyzing Site-Specific Suitability and Investment Efficiency of Major Plantation Species (주요 조림수종의 적지 판정 및 투자효율성 분석을 위한 GIS 응용모델의 개발)

  • Kim, Eui-Gyeong;Kim, Hyung-Ho;Chung, Joo-Sang
    • Journal of the Korean Association of Geographic Information Studies
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    • 제9권2호
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    • pp.1-10
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    • 2006
  • The objective of this study was to develop a GIS application model for analyzing site-specific suitability and investment efficiency of major plantation tree species. The model was designed to choose the best plantation species in terms of both potential stand growth and investment efficiency. Site index and IRR were used as the criteria for the potential of stand growth and investment efficiency, respectively. In the model, the conditions of forest stand management and site index are estimated as the function of site-environmental factors extracted by a series of spatial analyses of digital maps of FGIS. Based on site index values of tree species, the model screens out all the high potential tree species, in terms of stand growth, as the candidates for species selection and, then, calculates IRR for managing plantation forest stands for all the candidate tree species. The tree species of the highest IRR would be chosen as the one possessing the highest potential in terms of stand growth and profit. The model was applied to a case study for analyzing the site-specific suitability of 6 tree species in Taehwa University Forest of Seoul National University and the results are given in this paper.

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Prognosis of Replanted Permanent Incisors after Avulsion Injury: A Retrospective Study (완전탈구 후 재식한 영구 절치의 예후에 대한 후향적 연구)

  • Lee, Hyungsub;Kim, Youngjin;Kim, Hyunjung;Kim, Sohyun;Nam, Soonhyeun
    • Journal of the korean academy of Pediatric Dentistry
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    • 제43권3호
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    • pp.254-263
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    • 2016
  • Many studies on the prognosis of avulsed teeth were published but follow-up studies on Korean children and adolescents are insufficient. The aim of this study was to identify clinical factors determining the healing and prognosis of permanent incisors that were replanted after avulsion injury. This study included 184 permanent teeth in 142 patients aged 6-14 years. The clinical and radiographic data of the patients were analyzed from electronic medical records. Immature teeth had a higher probability of pulp revascularization than mature teeth. When extra-alveolar time was longer than 60 minutes, the incidence of inflammatory root resorption (IRR) was higher in immature teeth than mature teeth. However, the incidence of replacement root resorption (RR) was higher in mature teeth than immature teeth under the same condition. The incidence of IRR was increased when pulp was extirpated more than 20 days after replantation. IRR had a more significant influence on the decrease of survival expectation than RR. There was no significant correlation between the root development stage and survival expectation. However, when RR occurred, immature teeth survived shorter than mature teeth. Long term follow-up results from this study are expected to be used as fundamental data for the treatment guidelines and evaluation of the prognosis of replanted teeth.

Financial Feasibility Analysis for the Development of Urban Telecommunication Facility Purpose Site (도심 통신기반시설용지의 개발을 위한 재무타당성 분석에 관한 연구)

  • Park, Kyungyong;Jeong, Moonoh;Lee, Sangyoub
    • Korean Journal of Construction Engineering and Management
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    • 제16권5호
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    • pp.31-41
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    • 2015
  • The telecommunication industry has been considered as a national fundamental infrastructure. However, due to the rapid evolution of technology and the change of industry market conditions, the telecommunication infrastructure needs no more huge space for facility and it leads its use to the mixed-use development based on private investment. This study intends to examine the financial feasibility of the development project for the optimal alternative use of telecommunication facility purpose site as a case study based on two types: contributed acceptance and multi-level designation. The NPA and IRR has been analyzed by the simulation of stochastic variables including rent price and its variation rate, vacancy rate, construction cost, capitalization rate and discount rate. The research finding indicates that the two types of development are satisfied with the financial feasibility and it is noteworthy that the rent price turns out to be the most critical factor for the project. Accordingly, it is expected that these research finding can be applied for providing the solid cases of financial feasibility analysis for the development project in limited use of telecommunication facility purpose site.