• Journal of the Korean Institute of Landscape Architecture
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• v.33 no.3 s.110
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• pp.84-93
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• 2005

The purpose of this study is to analyze the economic feasibility of the construction of a new ecological park, based on the case of a plan in Yeongcheon City. For fulfilling the purpose of this study, questionnaire survey was conducted in Yeongcheon City. Based on the survey data, cost-benefit analysis is conducted. For this study, costs and benefits of the project are estimated. Then, using NPV, IRR, and B/C ratio criteria, cost-benefit analysis for this study is conducted. from the empirical cost-benefit analysis, NPV of the proposed project is estimated at 5,420 million Won, IRR is estimated at 12.16%, and B/C ratio is estimated at 1.44. Thus, it is found that the construction of a new ecological park in this area would be feasible from the economic point of view.

• The Korean Journal of Applied Statistics
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• v.28 no.4
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• pp.721-739
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• 2015

The importance of the old age income security will increase for an aging society due to the deepening income polarization. The National Pension(NP) is a representative Social Security scheme in charge of old age income security as well as income redistribution for the insured. Studies by Kim (2002), Kim et al. (2003), and Hong (2013) have reported the possibility of unsatisfactory income redistribution of the NP. Recently Choi (2015) attributed those results to an unnoticed defect in the benefit formula. This study is a test for the unsatisfactory income redistribution of the current National Pension using early participants who have now become pensioners. The method aggregates cohorts and combines individual history data before the year 2013 and the results of the actuarial projection model of the 2013 after the year 2014. The results are divided by measures taken. The redistribution is obviously progressive by the income replacement rate; however, it is significantly regressive when measured by the net benefit theoretically as more plausible. Considering the effect of differing lifetime contribution year among income classes, the regressive redistribution will prevail more in the future pensioners.

• Journal of Korean Society on Water Environment
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• v.24 no.2
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• pp.230-238
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• 2008

This study evaluated the economic aspect of the rainwater harvesting facilities by hydrologically analyzing the inflow, rainwater consumption, rainfall loss, tank storage, and overflow time series to derive the net rainwater consumption and the number of days of rainwater available. This study considers several rainwater harvesting facilities in Seoul National University, Korea Institute of Construction Technology and Daejon World Cup Stadium and the results derived are as follows. (1) Increasing the water consumption decreases the number of days of rainwater available. (2) Due to the climate in Korea, a larger tank storage does not increase the amount and the number of days of water consumption during wet season (June to September), but a little in October. (3) Economic evaluation of the rainwater harvesting facilities considered in this study shows no net benefit (private benefit). (5) Flood reduction effect of rainwater harvesting facilities was estimated very small to be about 1% even in the case that 10% of all the basin is used as the rainwater collecting area.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.38 no.9
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• pp.900-906
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• 2010

We analyse benefits and costs of investment on the assurance of aircraft design and development of related infrastructure. Although the discounted cash flow from the sales of aircrafts is found to be smaller than the amount of required investment, the net present value considering the effects of export increase, import substitution, and the accident cost reduction is very high. This justifies governmental investment, for the effects are not easily appropriated by private investors.

• Ocean and Polar Research
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• v.30 no.2
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• pp.173-180
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• 2008

This study demonstrates that cooperative management can provide more benefits than noncooperative management for Korea and Japan fishery. We have studied one management strategy, namely, fishing under joint maximization of net benefits in coastal waters of two countries, using a cooperative game theory. The present net return under non-cooperation amounts to 420,255 million won. However, if two countries cooperate one with another, this figure can get to 2,636,565 million won. We consider this to be an important conclusion as close management relationships have developed between the two countries since the establishment of the EEZ in 1996. The results of the study can also help balance resource conservation and the appropriate catch quota in each country.

• Magazine of the Korean Society of Agricultural Engineers
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• v.11 no.3
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• pp.1742-1748
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• 1969

This is a method to determine the boundary line of reservoir flooding area which will be purchased. Until now, flood water level was used as the boundary line. By lowering this line from flood water level, purchasing cost of reservoir flooding area can be cut down. Sometimes, temporary flooding of arable land outside the boundary occurs. During the life of reservoir, flood damage to crop product on of this land must be indemified with net berefit from arable land between the bovndary line and normal water level. Following is the basic formula to determine the line. (Estimated flood damage to crop production of land outside the boundary line $\leqq$ Estimated net beneift from land between the boundary line and normal water level.) Minimum difference between both sides is needed to minimize the purchasing area. Flood damage and net benefit are estimated by hydrologic estimation with rainfall data and crop production estimation.

• International Journal of Advanced Culture Technology
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• v.10 no.4
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• pp.420-426
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• 2022

Developing a machine learning model and putting it into production goes through a number of steps. Automated Machine Learning(AutoML) appeared to increase productivity and efficiency by automating inefficient tasks that occur while repeating this process whenever machine learning is applied. The high degree of automation of AutoML models allows non-experts to use machine learning models and techniques without the need to become machine learning experts. Automating the process of applying machine learning end-to-end with AutoML models has the added benefit of creating simpler solutions, generating these solutions faster, and often generating models that outperform hand-designed models. In this paper, the AutoML data is collected and AutoML's Color Petri net model is created and analyzed based on it.

• 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.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.10
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• pp.3721-3725
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• 2010

In this paper, the cost-benefit analysis is used to compare policy alternatives on whether the Korea National Museum of Contemporary Art should be incorporated or not. Alternative 1 (Current State) is to remain as it is. Alternative 2 (Incorporation State) is to change its legal status from government agency into incorporation. To make the process of incorporating, some assumptions are introduced: (1) no labor workforce reductions, (2) wage increase, (3) keeping publicness. These assumptions reduce the resistance from worker and provides them incentives to accept the incorporating process. Those assumptions also reflect the direction of policy of the government. After estimating the net present values of each alternative, it turns out that the NPV of Alternative 2 (Incorporating State) is larger than that of Alternative 1 (Current State). This result holds after doing sensitivity test using different discount rates.

• Quality Improvement in Health Care
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• v.7 no.2
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• pp.168-179
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• 2000

Background : Economic evaluation of clinical pharmacokinetic consultation services for theophylline, which is being widely used recently, is considered in patients for both proper care and cost efficiency. Mathods : This is a cost-benefit analysis of clinical pharmacokinetic consultation service for theophylline. Trial groups were chosen from 2 general hospitals which was performing clinical pharmacokinetic consultation- services in 1998. Control group was chosen from another one general hospital. The analysis includes 25 patients (sample patients) for trial group and 17 patients for control group. Results : On the basis of incremental analysis, it is estimated that the total (direct and indirect) annual costs of the clinical, pharmacokinetic services of theophylline for the patients in the trial group was about \65 million, whereas total annual benefits from those services was estimated to be about \551 million. The net benefits incurred to the sample patients, thus calculated, was about \485 million per year. In the analysis, we assumed that indirect benefits accruing to those services were non-existent. If that amount was included, the estimated net benefits would be much greater than the calculated one. Conclusion : We found that clinical pharmacokinetic consultation services for theophylline could produce more marginal benefits than marginal costs by those services from the social point of view. More controlled prospective trial in the future would be helpful for affirmation of the results of this study.