• The Journal of Fisheries Business Administration
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• v.43 no.3
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• pp.31-41
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• 2012

This paper was conducted to study the economic valuation for Nursery-Phase production of the tidal flat oyster in Korea. Benefit-cost(B/C) model used to indicate the effects of economic valuation. Using discounting rates(i.e., 4.5%, 6.5% and 8.5%), the model compared revenues and costs that occur at different times from 2012 to 2018. This study also estimated various submodels, which are Benefit Cost Ratio(B/C ratio), Net Present Value(NPV), Internal Ration of Return(IRR), to compare profit of Nursery-Phase production styles and analyzed returns to evaluate the scenarios. Sensitivity analysis were conducted for various scenarios. The results suggest as follows. First, the oyster spat to the shell height of 3~5cm was more profit than the shell height of 1~3cm. Second, all of sensitivity analysis with submodels were economic valuation such that B/C ratio > 1, NPV > 0 and IRR > discounting rate. Third, the payback period was about 3years after installed Nursery-Phase production system.

• Asian-Australasian Journal of Animal Sciences
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• v.12 no.2
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• pp.226-232
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• 1999

Early-weaning at an age of less than 21 days and removal of pigs to a second isolated site, which is commonly referred to as segregated early weaning (SEW), has been shown to substantially reduce disease transfer from the dam. This strategy has been successful in reducing the number of pathogens, but has not been successful in eliminating all pathogens. Although SEW has failed in most instances to totally eliminate pathogens, performance as measured by gain and efficiency through the nursery phase has been shown to be enhanced. In addition, SEW pigs have been shown to perform well on less complex nursery diets. Pigs which are continued on a similar isolation regime to market weight have been shown to have a remarkable improvement in feed intake, gain and efficiency. However, pigs which are co-mingled with conventional pigs after the nursery phase have either no improvement in performance or reduced performance. Backfat and carcass lean yield have been shown to be enhanced by SEW in high lean gain pigs, but not in lower lean gain pigs. Exposure of pigs to antigens which activate the immune system and increase the level of immunological stress has been suggested as the mechanism involved in depressing growth and performance of pigs.