• Journal of the Korean Professional Engineers Association
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• v.42 no.2
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• pp.41-48
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• 2009

The Government declared 'Low-Carbon Green Growth' as the new national vision for future development to improve economic growth and quality of life through higher energy efficiency, less energy consumption, wider use of renewable energy, etc. Korea can no longer delay participating in international efforts against global warming by reducing carbon dioxide and other greenhouse gas emissions. Thus low-carbon green growth is not a matter of choice, and it becomes indispensible to sustaining the nation's economic development. The Government is determined to take the initiative in speeding up economic recovery by carrying out the large scale investment projects such as the Korean version of a 'Green New Deal. The 49 trillion-won projects include river improvement, eco-friendly transportation networks, advanced information infrastructure, water resources & dam construction, green cars & clean energy development, etc. which will create nearly one million new jobs over the next four years.

• IE interfaces
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• v.8 no.1
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• pp.31-43
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• 1995

This study is intended to develop a technology cost model (TCM) which treats technology costs appropriately under present advanced manufacturing technology environment. TCM is composed of two elements : cost classification system and cost allocation model. It is proposed to include technology-related department expenses as well as technology investment in the categories of technology costs. For the cost allocation, technology activities are divided into four homogeneous groups. Costs are accumulated into one of the four cost pools and allocated to the cost object using the pool's unique allocation base. It is also proposed to use the capital recovery costs including interest expense rather than the depreciation costs for an invested capital. A case study is performed to verify the applicability of the developed model.

• Fire Science and Engineering
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• v.24 no.1
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• pp.31-39
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• 2010

Although the subject of sprinkler installations in Korean regulations is less strict than in other advanced countries, many building owners and managers tend to install sprinklers only in the types of buildings designated by law or create building designs for which sprinkler installation standards are not applied. This is because priority is given to cutting installation expenses rather than providing building fire safety. In this study, the benefit is estimated for various expenses from installation and maintenance of sprinklers as an investment. As a result of comparing sprinkler system installation expense and the financial benefit by efficiency analysis, the payback period is 1/20 of the building life expectancy and its efficiency is twice the expense. Therefore, installation of sprinklers by regulation has financial efficiency and it is desirable to broadly encourage the installation of sprinklers.

• Asian-Australasian Journal of Animal Sciences
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• v.11 no.5
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• pp.491-497
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• 1998

Four types of serum supplements viz. estrus cow serum (ECS), estrus buffalo serum (EBS), pro-estrus buffalo serum (PrBS) and post-estrus buffalo serum (PtBS), added to TCM-199, were evaluated for in vitro maturation and fertilization of buffalo follicular oocytes. The oocytes were recovered from buffalo ovaries after slaughter, using either aspiration or scoring (multiple incisions) method. The recovered oocytes were categorized as A, B and C based on their cumulus investment and ooplasm homogeneity and cultured in four media. The in vitro matured oocytes were inseminated with $1{\times}10^6$ spermatozoa washed in 2.9% sodium citrate solution. The scoring method yielded greater number of morphologically good oocytes than the aspiration method (3.85 vs 1.76 per ovary, p < 0.01). The maturation rates of three categories of oocytes did not differ from one another. The maturation rates of 80.00, 82.08, 78.77 and 66.23%, while the fertilization rates of 54.54, 55.38, 52.80 and 36.76% were recorded for media containing ECS, EBS, PrBS, and PtBS, respectively. The medium containing PtBS gave lower maturation, as well as fertilization, rates than the other three media (p < 0.05). Thus, the scoring method was better than the aspiration method for the recovery of follicular oocytes. The oocytes categorized A, B and C had similar maturation capabilities. The TCM-199 containing buffalo/cow serum collected at pro-estrus or estrus appeared better for in vitro maturation and fertilization of buffalo follicular oocytes than that containing serum collected at post estrus.

• Resources Recycling
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• v.23 no.3
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• pp.3-12
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• 2014

This study aims at providing an economic assessment for incineration plants which recover heat during its incineration process. In this study, Life Cycle Cost(LCC) of incineration plants is performed based on each regression analysis formula for construction cost, operation cost, and heat generation in order to compare economic feasibility. The result shows that the incineration plant recovering waste heat while processing 80 tons of waste per day increases both initial investment and operation cost but this type of an incineration plant has economical predominance from the recovered waste heat over the one that does not recover heat when being operated for more than eleven years if the retrieved heat replaces the use of LNG. And its payback time reaches more than 19 years in case of selling heat and performing emission trading.

• Proceedings of the Safety Management and Science Conference
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• 2002.11a
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• pp.321-339
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• 2002

The result of variance decomposition through yield of Treasury of 30 year maturity of USA, S&P 500 index, stock price of KEPCO has 76.12% of impulse of KEPCO stock price at short-term horizon, but they have 51.40% at long-term horizon. After one year, they occupy 13.65%, and 33.25%. So their effects are increased. By the way, S&P 500 index and yield of Treasury of 30 year maturity of USA have relatively more effect for forecast of stock price oi KEPCO at short-term & long-term. The yield of Treasury of 30 year maturity of USA more than S&P 500 index have more effect for stock price of KEPCO. It is why. That foreign investors through fall of stock price of USA invest for emerging market is less than movement for emerging market of hedge funds through effect of fall of yield of Treasury of 30 year maturity of USA, according to relative effects for stock price of Korea companies. The result of variance decomposition through won/dollar foreign exchange rate, yield of corporate bond of 3 year maturity, Korea Stock Price index(KOSPI), stock price of KEPCO has 81.33% of impulse of KEPCO stock price at short-term horizon, but they have 41.73% at long-term horizon. After one year, they occupy 23.57% and 34.70%. So their effects are increased. By the way, KOSPI and won/dollar foreign exchange rate have relatively more effect for forecast of stock price of KEPCO at short-term & long-term. The won/dollar foreign exchange rate more than KOSPI have more effect for stock price of KEPCO. It is why. The recovery of economic condition through improvement of company revenue causes of rising of KOSPI. But, if persistence of low interest rate continues, fall of won/dollar foreign exchange rate will be more aggravated. And it will give positive effect for stock price of KEPCO. This gives more positive effect at two main reason. Firstly, through fall of won/dollar foreign exchange rate and rising of credit rating of Korea will be followed. Therefore, foreign investors will invest more funds to Korea. Secondly, inflow of foreign investment funds through profit of won/dollar foreign exchange rate and stock investment will be occurred. If appreciation of won against dollar is forecasted, foreign investors will buy won. Through this won, investors will do investment. Won/dollar foreign exchange rate is affected through external factors of yen/dollar foreign exchange rate, etc. Therefore, the exclusion of instable factors for foreign investors through rising of credit rating of Korea is necessary things.

• Ocean and Polar Research
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• v.28 no.2
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• pp.187-199
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• 2006

The Kuroko-type seafloor massive sulfide deposits found in the western Pacific have been considered to have potentials for economic recovery of Au, Ag, Cu, Zn, and Pb. In this study, a preliminary model was developed for the technical and economic evaluation of them. The FRSC site on Lau Basin in the Tonga EEZ was selected as a target. In this study, no construction In for the metallurgical processing subsystem was accounted for. Instead, it was assumed to sell the Cu, Zn, and Pb concentrates to the existing sulfide customer smelter. The low total investment costs for the development make the venture very attractive. However, the result of the economic feasibility evaluation is still less attractive with the mean metal yield of the Kuroko on land. It is considered that commercial mining may be plausible if the richer metal yields are applied to the development. Quantitative information for metal yield is necessary for a more accurate evaluation. However, the important resource potential information regarding the amount of ore body, the inside structure, and the metal yields have not yet been clarified sufficiently. h addition, the flotation of ore body using seawater has not been tested yet. It is necessary to solve these problems through the experimental R&D and a survey.

• Journal of Energy Engineering
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• v.19 no.2
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• pp.57-61
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• 2010

In order to make higher domestic self-sufficiency ratio of energy resources, these are required to purchase the producing oil & gas fields through the investment of oversea petroleum development, to make M&A, and to enhance recovery in the existing oil & gas fields. For this purpose, it is essential to acquire the core technology regarding the evaluation, design, and management of oil & gas fields. The accumulation of technology of the evaluation, optimal design, proper management of production fields by the help of the continuous R&D program will make great contribution for higher domestic self-sufficiency ratio by the increased number of purchase of foreign producing fields, the increase amount of produced petroleum out of existing fields, and the effective management of the oil and gas fields.

• Journal of Information Technology Applications and Management
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• v.17 no.3
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• pp.163-189
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• 2010

The purpose of this research is to develop a decision-making model for the calculation of the National Disaster Management System's standard prevention workforce quota. The final purpose of such model is to support in arranging a rationally sized prevention workforce for local authorities by providing information about its calculation in order to support an effective and efficient disaster management administration. In other words, it is to establish and develop a model that calculates the standard disaster prevention workforce quota for basic local governments in order to arrange realistically required prevention workforce. In calculating Korea's prevention workforce, it was found that the prevention investment expenses, number of prevention facilities, frequency of flood damage, number of disaster victims, prevention density, and national disaster recovery costs have positive influence on the dependent variable when the standard prevention workforce was set as the dependent variable. The model based on the regression analysis-which consists of dependent and independent variables-was classified into inland mountainous region, East coast region, Southwest coastal plain region to reflect regional characteristics for the calculation of the prevention workforce. We anticipate that the decision-making model for the standard prevention workforce quota will aid in arranging an objective and essential prevention workforce for Korea's basic local authorities.

• 제어로봇시스템학회:학술대회논문집
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• 1990.10b
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• pp.1259-1264
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• 1990

During the past two decades, a lot of researches have been done on the synthesis of grassroot heat exchanger networks(HEN). However, few have been dedicated to retrofit of existing heat exchanger networks, which usually use more amount of utilities (i.e. steam and/or cooling water) than the minimum requirements. This excess gives motivation of trades-off between energy saving and rearranging investment. In this paper, an algorithmic-evolutionary synthesis procedure for retrofitting heat exchanger networks is proposed. It consists of two stages. First, after the amount of maximum energy recovery(MER) is computed, a grass-root network featuring minimum number of units(MNU) is synthesized. In this stage, a systematic procedure of synthesizing MNU networks is presented. It is based upon the concept of pinch, from which networks are synthesized in a logical way by the heuristics verified by the pinch technology. In the second stage, since an initial feasible network is synthesized based on the pre-analysis result of MER and must-matches, an assignment problem between new and existing units is solved to minimize total required additional areas. After the existing units are assigned, the network can be improved by switching some units. For this purpose, an improvement problem is formulated and solved to utilize the areas of existing units as much as possible. An example is used to demonstrate the effectiveness of the proposed method.