• Title/Summary/Keyword: Payback Period

검색결과 134건 처리시간 0.029초

신제품개발시 소요투자비 흐름의 기업특성별 연구 (Study for Investments Flow Patterns in New-Product Development)

  • 오낙교;박원구
    • 중소기업연구
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    • 제40권3호
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    • pp.1-24
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    • 2018
  • 본 연구는 신설기업의 신제품개발에 따른 투자비소요액 흐름이 시간에 따라 비슷한 패턴을 보인다는 것을 기업의 재무데이터로 검증하는 것을 목표로 하였다. 이전 논문에서 저자가 투자비소요액 흐름을 신제품투자비곡선(NPIC; New Product Investment Curve)이라 제안한 바 있으며, 이번 연구에서는 이를 다양한 기업 형태별로 연구하였다. 사용된 표본은 2015년 외부감사 대상인 5,873개 한국 기업에서 선별한 462개 기업 재무데이터이다. 분석 결과, 추가투자비 필요 기간은 상장된 기업은 3년간, 비상장기업은 6년이었으며, 투자비회수기간은 상장기업 6년, 비상장기업 17년이었다. 대기업군에 속한 '온실기업'의 투자비회수기간은 14~15년, 순수한 벤처기업은 17년이었다. 연구개발비와 변동비의 과다에 따른 4개 그룹으로 구분 시, 고 R&D, 고 변동비 그룹(자동차조립업)이 NPIC의 설명력이 가장 높았다. 투자비소요액 추정을 위해 제안한 8개 투자비 추정식 중에서는 'cash 1'((영업현금흐름+토지, 건물을 제외한 고정자산 변동+무형자산, 이연자산 변동)/연말총자산)'의 설명력이 가장 높았다. 결론은 모든 기업을 합하여 추정하면 NPIC 설명력은 다소 떨어지나 상장, 비상장, 온실, 벤처기업 등 특성 별로 나누어 추정할 경우, 투자비소요액 곡선의 패턴이 특성 별로 잘 나타나 제안한 NPIC의 유효함이 검증되었다.

중앙난방방식을 지역난방.소형열병합난방방식으로 전환시의 경제성 비교 분석 (Analysis for the Economic efficiency of District Heating and Gas Engine Co-generation System comparing with Central Heating System)

  • 김규생;이상혁;홍경표;원영재
    • 대한설비공학회:학술대회논문집
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    • 대한설비공학회 2007년도 동계학술발표대회 논문집
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    • pp.459-465
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    • 2007
  • This study was conducted to calculate the LCC of a apartment complex with a type of heating system, district heating and cogeneration system. For the purpose of analyzing LCC according to size of apartment complex, 500, 1,500 and 4,000 houses of model apartment selected. This research performs design of heating system and the life cycle cost analysis including an initial cost, energy cost, maintenance and operation cost, replacement cost and renovation cost during the project period(15years). According to the calculated results, 1) Initial cost of cogeneration system with 500, 1500 and 4000 houses is higher than district heating system each of 20%, 13%, 12%. 2) In case of cogeneration system, the payback period by electric generation is 5.21, 4.92 and 4.47 years and saving cost was calculated 29 billion won, 94 billion won and 262 billion won after payback period. 3) Cogeneration system LCC was 1.12, 1.07 and 1.06 times larger than district system with the size of apartment complex. According to the case of this study district heating system is more efficient than cogeneration system in terms of the reduction of LCC. 4) Gas Engine Co-generation System is more efficient than other systems because it can collect progressive part from electric charge progressive stage system. However, the efficiency is decreasing because of raising of fuel bills(LNG) and lowering of power rate for house use. Especially the engine is foreign-made so the cost of maintenance and repair is high and the technical expert is short. 5) District heating is also affected by fuel bills so we should improve energy efficiency through recovering of waste heat(incineration heat, etc.). Also, we should supply district cooling on the pattern of heat using of let the temperature high in winter and low in summer.

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중앙난방방식을 지역난방과 소형열병합난방 방식으로 전환 시 경제성 비교 분석 (Analysis of the Economic Efficiency of the District Heating and Gas Engine Co-Generation System Compared with the Central Heating System)

  • 김규생
    • 설비공학논문집
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    • 제27권10호
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    • pp.544-551
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    • 2015
  • This study was conducted to determine the LCC of apartment complexes with district heating and a cogeneration system. For the purpose of analyzing LCC according to the size of the apartment complex, 500, 1,500, and 4,000-unit model apartments were selected. Analysis was performed on the design of the heating system and the life cycle cost including total construction cost, maintenance and operation cost for the duration of the project period (15 years). According to the calculated results, 1) The initial cost of the cogeneration system for 500, 1,500, and 4,000-unit apartments is higher than that of the district heating system by 20%, 13%, and 12%, respectively. 2) In the case of the cogeneration system, the payback period by electric generation was found to be 5.21, 4.92 and 4.47 years, and saving cost was calculated to be 29 billion won, 94 billion won and 262 billion won after the payback period for 500, 1,500, and 4,000-unit apartments, respectively. 3) The LCC values of the cogeneration system were 1.12, 1.07 and 1.06 times larger than those of the district system according to the size of the apartment complex. In this study, the district heating system was found to be more efficient than the cogeneration system in terms of LCC reduction. 4) District heating is affected by fuel bills, so energy efficiency should be improved through recovering waste heat (incineration heat, etc.). Also, district cooling should be provided according to heat use to keep the temperature high in winter and low in summer.

공공건축물에 적용되는 신·재생에너지원의 새로운 보정계수 제안 (Proposal of New Correction Factors for New and Renewable Energy Sources in Public Building)

  • 김윤호;박윤하;원안나;황정하
    • 한국태양에너지학회 논문집
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    • 제36권6호
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    • pp.13-24
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    • 2016
  • The government introduced a mandatory installation system of new & renewable energy for public building to meet the target of greenhouse gas reduction and also suggest a correction factor for new renewable energy to expand the installation of various new & renewable energy systems. The introduction of correction factors, however, was followed by the reduction of installation size of new & renewable energy sources. Assuming that it was caused by a correction factor for each new renewable energy source calculated by the initial costs, this study proposed a new correction factor approach based on payback periods to reflect the technology element in the calculation process of correction factors additionally. The application results of new correction factors show that it was possible to do complex calculations including the economic and technological aspects to select a new & renewable energy system and that the installation size was also enlarged.

선원보험 수진자의 상병유형에 따른 진료비 관리방안 - 부산지역을 중심으로 - (Management Strategies for Medical Expenses Depending on Type of Diseases for Patients of Seafarers Insurance - Focused on Busan -)

  • 박은하;황병덕
    • 보건의료산업학회지
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    • 제10권4호
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    • pp.1-11
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    • 2016
  • Objectives : The aim of this study is to investigate the actual condition of the occurrence and recovery of medical expenses through seafarers insurance and to provide basic data that will be helpful in the establishment of efficient hospital management strategies for medical expenses of insurance companies depending on the type of seafarers insurance. Methods : Three general hospitals located in Busan, Korea, were selected, and seafarers insurance claim data was collected from January 1, 2012 to December 31, 2013(24 months) and analyzed. There were 5,490 cases in total. Results : There was a significant difference in the distribution of disease incidence, accrued medical expenses, reimbursement of medical expenses, and the actual condition of medical receivables depending on the insurance company. Conclusions : Therefore, differentiated payback strategies for medical expenses are needed that consider the various seafarers insurance companies and their treatment characteristics.

피크부하용 혼소엔진발전의 경제성 분석 (An Economic Analysis on Dual-fuel Engine Generation for Peak Load)

  • 이옥배;안재경
    • 전기학회논문지
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    • 제61권9호
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    • pp.1260-1268
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    • 2012
  • Recently, lack of power reserve margin was observed quite often. In this paper, we studied the method to secure power source for a short time, to cut the utility power peak load, and to reduce the users electricity bills. Emergency diesel generator of an office building is to be converted into a dual-fuel engine generator which is responsible for a portion of the peak load. Compared to the conventional diesel fuel generator, the proposed dual-fuel engine is able to reduce the generation power cost by dual-fuel combustion, and it also mitigates the building's utility power peak load by charging the building's peak load. If the dead resources (a group of emergency dual-fuel engine generators), as a Virtual Power Plant, are operating in peak time, we can significantly reduce future large power development costs. We investigated the current general purpose electricity bills as well as the records of the building electric power usage, and calculated diesel engine generator renovation costs, generation fuel costs, driving conditions, and savings in electricity bills. The proposed dual-fuel engine generation method reduces 18.1% of utility power peak load, and turned out to be highly attractive investment alternative which shows more than 27% of IRR, 76 million won of NPV, and 20~53 months of payback periods. The results of this study are expected to be useful to developing the policy & strategy of the energy department.

청소년 수련관의 열원설비 대안별 생애주기 비용에 관한 연구 (Analysis of Life Cycle Cost for Heat Source Equipments in Buildings for Adolescent Trainees)

  • 안창환;방승기;백용규
    • KIEAE Journal
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    • 제5권3호
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    • pp.25-31
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    • 2005
  • Computer simulations were performed for Heating Ventilating and Air-Conditioning (HVAC) systems to figure out more efficient maintenance methods for the building used for adolescent trainees. This study aims at suggesting design alternatives for optimum operation and performing life cycle cost (LCC) for each alternative. First, the capacity of the heat source equipment was determined using annual maximum heating and cooling loads. Annual loads were calculated and applied to the alternative for the purpose of calculating annual energy cost. Second, several types of data were collected to predict energy cost. Finally, the pay back period for each alternative was calculated using total cost estimation during standard duration period. This study indicates that the absorption chiller that does not occupy most part of a mechanical room, and does not need much operation cost was most economical.

피크저감과 특례요금제를 고려한 ESS 경제성 분석 알고리즘에 관한 연구 (A Study on Economic Analysis Algorithm for Energy Storage System Considering Peak Reduction and a Special Tariff)

  • 손준호
    • 전기학회논문지
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    • 제67권10호
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    • pp.1278-1285
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    • 2018
  • For saving electricity bill, energy storage system(ESS) is being installed in factories, public building and commercial building with a Time-of-Use(TOU) tariff which consists of demand charge(KRW/kW) and energy charge(KRW/kWh). However, both of peak reduction and ESS special tariff are not considered in an analysis of initial cost payback period(ICPP) on ESS. Since it is difficult to reflect base rate by an amount of uncertain peak demand reduction during mid-peak and on-peak periods in the future days. Therefore, the ICPP on ESS can be increased. Based on this background, this paper presents the advanced analysis method for the ICPP on ESS. In the proposed algorithm, the representative days of monthly electricity consumption pattern for the amount of peak reduction can be found by the k­means clustering algorithm. Moreover, the total expected energy costs of representative days are minimized by optimal daily ESS operation considering both peak reduction and the special tariff through a mixed-integer linear programming(MILP). And then, the amount of peak reduction becomes a value that the sum of the expected energy costs for 12 months is maximum. The annual benefit cost is decided by the amount of annual peak reduction. Two simulation cases are considered in this study, which one only considers the special tariff and another considers both of the special tariff and amount of peak reduction. The ICPP in the proposed method is shortened by 18 months compared to the conventional method.

심해저 망간각 개발의 경제성 평가 (A Technical and Economic Evaluation of Cobalt-rich Manganese Crusts)

  • 박세헌;양희철
    • Ocean and Polar Research
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    • 제31권2호
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    • pp.167-176
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    • 2009
  • Cobalt-rich manganese crusts on seamounts have received an increasing amount of attention as future resources for Co, Ni, Cu, and Mn. A dearth of detailed information regarding the relevant distribution characteristics, mining technologies, and ore processing technologies, however, has precluded potential evaluations of the technical and economic advantages of these crusts. In the past 4 years, Korea has undertaken a survey of the cobalt-rich manganese crusts in and around the Magellan Seamount and Mid-Pacific Mountains. This paper introduces the preliminary feasibility study of the distribution features and R&D results centered around the development of the cobalt-rich manganese crusts. The evaluation model was developed by modifying the model for the manganese nodules. In addition to considering the geological and geophysical differences between the manganese nodules and the cobalt-rich manganese crusts, an ore dressing subsystem was installed in the model. The mining subsystem is composed of a self-propelled collector--a pipeline with submersible hydraulic pumps for crust lifting. The smelting and chlorine leach method was selected for metallurgical processing. The production scales were established at 2,500t/y of cobalt metal. The production of three metals--cobalt, nickel, and copper--was considered in terms of metallurgical processing. The economic feasibility analyses demonstrated that the payback period was 11.4 years, the NPV was 36M$, and the IRR was 9.6% with the economic factors in the case of a cobalt price of US$ 25/lb. It was also demonstrated in this study that the payback period was 8.6 years, the NPV was 154M$, and the IRR was 14.0% in the case of a cobalt price of US$ 30/lb. This indicates that the approach under consideration appears to offer greater potential given the predicted metal prices.

체코 열병합발전소 주파수조정용 배터리에너지저장장치 경제성 분석 (Economic analysis of Frequency Regulation Battery Energy Storage System for Czech combined heat & power plant)

  • 김유탁;차동민;정수안;손상학
    • 에너지공학
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    • 제29권2호
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    • pp.68-78
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    • 2020
  • 신 기후변화협약에 따라 전 세계적으로 온실가스를 저감하는 기술개발이 활발하게 이뤄지고 있으며, 발전·송배전 분야에서 에너지효율향상에 대한 연구가 진행되고 있다. 에너지저장장치를 이용해 잉여전기를 저장하고 전기를 공급하는 운영방식에 대한 경제성 분석, 지역단위 열 병합 발전소에서 주파수조정예비력으로 에너지저장장치를 활용하는 것이 가장 수익이 높은 운영방안으로 보고되었다. 이에 본연구에서는 체코의 열병합발전소를 대상으로 에너지저장장치 설치를 위한 경제성 분석을 실시하였다. 배터리에너지저장장치의 경제성 평가에 있어 가장 중요한 요소는 수명으로 일반적으로 1일 1회 충·방전을 기준으로 보증수명은 10~15년으로 알려져 있다. 시뮬레이션을 위해 배터리와 PCS의 비율은 1:1, 1:2로 설계하였다. 일반적으로 Primary 주파수조절용의 경우 1:4로 설계를 하지만, 열병합발전소의 특성을 고려하여 최대 1:2의 비율로 설정하였으며, 각각의 비율에 맞게 용량을 1MW~10MW, 2MWh~20MWh로 시뮬레이션을 실시하여 연간 사이클 횟수를 기준으로 수명을 평가하였다. 체코의 열병합 발전소에 배터리에너지저장장치를 설치하는 사업은 현지 인프라와 전력시장을 고려할 경우 투자 회수 기간은 3MW/3MWh가 5MW/5MWh보다 유리하다. 보조금 없이 예상 구매 가격을 고려한 간단한 투자회수기간에서 약 3년, 약 5년으로 산정되었으며, 구입비용이 전체 평생 동안 비용의 중요한 부분이기 때문에 구매가격을 50 % 낮추면 약 절반 정도의 회수 기간이 단축 될 수 있지만, 3MWh와 5MWh의 규모에 경제를 통해 수익성 확보는 불가능하다. 전력시장의 가격이 50% 하락하면 투자 회수기간은 P1 모드에서는 3년, P2 및 P3 모드에서는 2년 더 길어진다. 배터리에너지저장시스템과 발전기의 결합으로 인한 절감액의 변화에 대한 민감도 분석은 전제 범위 내에서 회수 기간에 큰 영향을 미치지 않으며, 보조금 15%를 받는 기준에서 3MW 시스템의 총 비용은 66,923,000 CZK이며, 편익은 모드에 따라 244,210,000 ~ 294,795,000 CZK이며, 비용회수기간은 3~4년이다. 동일한 기준에서 5MW 시스템의 경우 총 비용은 101,320,000 CZK이며, 편익은 모드에 따라 253,010 ~ 281,411,000 CZK로 나타나며, 비용회수기간은 5~6년이다. 체코에서 배터리에너지저장시스템은 MWh당 1년에서 1.2년의 투자회수기간이 발생하는 것을 알 수 있다.