• Title/Summary/Keyword: Production Cost

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Short Review of Global Methane Situation and of Facilities to Reduce in Ruminants in Third Wol1d Countries

  • Islam, M.R.;Begum, J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.10 no.2
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    • pp.157-163
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    • 1997
  • This paper analyses a number of important areas relating to methane production in ruminants, consequent hazards and different methods of reducing this gas. Clearly methane not only affects on the environment but also on the economy of animal production. Several factors including feed, species, microbes, rumen environment, etc. are responsible for methane production in animals. Although methane production can be reduced by chemical manipulation, defaunation and strategic feeding, the latter was found to be effective because the method is easier to follow than the others. Furthermore, feeding technology could play an important role in reducing methane production particularly in developing countries because of its relative cost effectiveness. however, it needs to compare to what extent it could reduce methane production as well as cost of animal production. Therefore, research program needs to be concentrated on the appropriate feeding system to reduce methane production, consequently pollution and cost of production particularly in developing countries.

Techno-Economic Analysis of Water Electrolysis System Connected with Photovoltaic Power Generation (태양광 발전 연계 수전해 시스템의 경제성 분석)

  • HWANG, SUNCHEOL;PARK, JIN-NAM
    • Transactions of the Korean hydrogen and new energy society
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    • v.32 no.6
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    • pp.477-482
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    • 2021
  • Hydrogen production, hydrogen production cost, and utilization rate were calculated assuming four cases of hydrogen production system in combination of photovoltaic power generation (PV), water electrolysis system (WE), battery energy storage system (BESS), and power grid. In the case of using the PV and WE in direct connection, the smaller the capacity of the WE, the higher the capacity factor rate and the lower the hydrogen production cost. When PV and WE are directly connected, hydrogen production occurs intermittently according to time zones and seasons. In addition to the connection of PV and WE, if BESS and power grid connection are added, the capacity factor of WE can be 100%, and stable hydrogen production is possible. If BESS is additionally installed, hydrogen production cost increases due to increase in Capital Expenditures, and Operating Expenditure also increases slightly due to charging and discharging loss. Even in a hydrogen production system that connects PV and WE, linking with power grid is advantageous in terms of stable hydrogen production and improvement of capacity factor.

A Study on the Probabilistic Production Cost Calculation by the Developed EIGC Method. (확장된EIGC법에 의한 확업적 발전비 게산에 관한 연구)

  • 송길영;최재석;김용하
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.36 no.12
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    • pp.839-847
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    • 1987
  • The probabilistic production cost is calculated by the Expected Incremental Generation Cost Curve(EIGC) method based on the multi-state and multi-block operating conditions. For this, A new algorithm for determining production cost by the EIGC and the generation availability curve (GAC) had been developed in order to realize better economic olad dispatch and better reliability for power system operation. The simpler method for determining the EIGC and the GAC is proposed for convenience and saving in computation time.

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Sensititivity Analysis For Development Of Gulf Of Alaska

  • Pak, Ee-Tong
    • 한국해양학회지
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    • v.11 no.2
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    • pp.57-63
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    • 1976
  • It was attempted to analyze the sensitivity of the oil prospect place named MARIA which placed inside Gulf of Alaska. For the analysis, P6031090, ECOANA( computer) which installed in the head office, Shell Oil Co was used and the data needed for computer programming were 1) Unit of Production data 2) Production Schedule 3) Total Gross Yearly Expenses and 4) Total Gross Capital and so on. The important data among the computer output 1) PVPAT (Present Value After Tax): $1,167,077,500 2) Payout After Tax: 3.14 Years (256,284,810 BBL Production) 3) Earning Power: 42% (After Tax) 4) PVPAT/BBL : $1.22 5) Capital/BBL : $2.00. On the other hand, the effect acted upon PVPAT with varying the Platform cost, Facility cost, Pipeline cost and Well cost was observed in comparion with the basic for range from 50% to 200%. Resultantly, the order was 1) Pipeline cost 2) Facility cost 3) Well cost 4) Platform cost for range form 100% to 200%. This project was completed by the contract with Shell Oil Co., and the geological data needed for this analysis were given by the head office and the development project started from Jan. 1976.

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Water cost analysis of different membrane distillation process configurations for brackish water desalination

  • Saleh, Jehad M;Ali, Emad M.;Orfi, Jamel A;Najib, Abdullah M
    • Membrane and Water Treatment
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    • v.11 no.5
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    • pp.363-374
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    • 2020
  • Membrane distillation (MD) is a process used for water desalination. However, its commercialization is still hindered by its increased specific cost of production. In this work, several process configurations comprising Direct Contact and Permeate Gap distillation membrane units (PGMD/DCMD) were investigated to maximize the production rate and consequently reduce the specific water cost. The analysis was based on a cost model and an experimentally validated MD model. It was revealed that the best achievable water cost was approximately 5.1 $/㎥ with a production rate of 8000 ㎥/y. This cost can be further decreased to approximately 2 $/㎥ only if the heating and cooling energies are free of cost. Therefore, it is necessary to decrease the MD capital investment to produce pure water at economical prices.

Economic analysis of thorium extraction from monazite

  • Salehuddin, Ahmad Hayaton Jamely Mohd;Ismail, Aznan Fazli;Bahri, Che Nor Aniza Che Zainul;Aziman, Eli Syafiqah
    • Nuclear Engineering and Technology
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    • v.51 no.2
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    • pp.631-640
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    • 2019
  • Thorium ($^{232}Th$) is four times more abundant than uranium in nature and has become a new important source of energy in the future. This is due to the ability of thorium to undergo the bombardment of neutron to produce uranium-233 ($^{233}U$). The aim of this study is to investigate the production cost of thorium oxide ($ThO_2$) resulted from the thorium extraction process. Four main parameters were studied which include raw material and chemical cost, total capital investment, direct cost and indirect cost. These parameters were justified to obtain the final production cost for the thorium extraction process. The result showed that the raw material costs were $63,126.00 - $104,120.77 (0.5 ton), $126,252.00 - $178,241.53 (1.0 ton), and $1,262,520.00 - $1,782,415.33 (10.0 tons). The total installed equipment and total cost investment were estimated to be approximately $11,542,984.10 and $13,274,431.715 respectively. Hence, the total costs for producing 1 kg $ThO_2$ were $6829.79 - $6911.78, $3540.95 - $3592.94, and $501.18 - $553.17 for 0.5, 1.0, and 10.0 tons respectively. The result concluded that with higher mass production, the cost of 1 kg $ThO_2$ would be reduced which in this scenario, the lowest production cost was $$501.18kg^{-1}$-$$553.17kg^{-1}$ for 10.0 tons of $ThO_2$ production.

Economic Consideration of Poly(3-hydroxybutyrate) Production by Fed-batch Culture of Ralstonia eutropha KHB 8862 (Ralstonia eutropha의 유가식 발효에 의한 Poly(3-hydroxybutyrate) 생산의 경제성 분석)

  • 김갑진;양영기;이영하
    • Korean Journal of Microbiology
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    • v.37 no.1
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    • pp.92-99
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    • 2001
  • High-cell-density cultivation of Ralstonia eutopha KHB 8862 by fed-batch fermentation in a 200 l pilot plant was carried out for the mass production of poly(3-hydroxybutyrate) (PHB). After 80 h of cultivation, the dry cell weight (DCW), PHB concentration, and PHB yield from fructose syrup reached 168 g/l, 74%DCW, and 0.27 (w/w), respectively, resulting in a productivity of 1.6 g of PHB/L/h. Based on these results, the PHB production cost from bacterial fermentation was analyzed and economic evaluation was performed. In the case of new investment being implemented or not, the production cost of PHB was US$ 3.15/kg and US$ 2.41/kg, respectively. PHB productivity and PHB yield on a carbon substrate were both important factors to be optimized. The increase of PHB yield on a carbon sources significantly decreased the PHB production cost but the increase in productivity had a relatively slight effect on the decrease in PHB production cost because the cost of carbon sources (37%) for PHB was larger in proportion to total cost than the depreciation cost (17%). These results suggest that the increased PHB yield from carbon sources and the development of new cheaper substrates would be more effective in decreasing PHB production cost than the increase in productivity. It was demonstrated that PHB is not in competition with consumable plastics such as PET in present market. Therefore, it is essential to lower production cost to be used as a bulk product and desirable to develop new application fields for PHB such as biomedical and cosmeceuticals.

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Preliminary cost estimation for large-scale nuclear hydrogen production based on SI process (초고온가스원자로 열원 SI 공정을 이용한 원자력수소생산시스템 비용 예비 분석)

  • Yang, Kyoung-Jin;Choi, Jae-Hyuk;Lee, Ki-Young;Lee, Tae-Hoon;Lee, Kyoung-Woo;Kim, Mann-Eung
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.06a
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    • pp.723-726
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    • 2009
  • As a preliminary study of cost estimates for nuclear hydrogen systems, the hydrogen production costs of the nuclear energy sources benchmarking GT-MHR are estimated in the necessary input data on a Korean specific basis. G4-ECONS developed by EMWG of GIF in 2008 was appropriately modified to calculate the cost for hydrogen production of SI process with VHTR as a thermal energy source rather than the LUEC. The estimated costs presented in this paper show that hydrogen production by the VHTR could be competitive with current techniques of hydrogen production from fossil fuels if $CO_2$ capture and sequestration is required. Nuclear production of hydrogen would allow large-scale production of hydrogen at economic prices while avoiding the release of $CO_2$. Nuclear production of hydrogen could thus become the enabling technology for the hydrogen economy. The major factors that would affect the cost of hydrogen were also discussed.

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ECONOMICS OF MILK PRODUCTION IN DHAKA DISTRICT-A CASE FOR SAVAR THANA

  • Sayeed, M.A.;Rahman, S.M.A.;Alam, J.;Begum, J.
    • Asian-Australasian Journal of Animal Sciences
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    • v.7 no.1
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    • pp.49-55
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    • 1994
  • This study was conducted to compare the of rearing native and cross-bred dairy cows and returns received from them. For this purpose, 144 cows of 132 household from 24 villages were randomly selected. of them, 96 were native cows and 48 were cross-bred cows. The study revealed that among the structure of cost components, labour charge occupied the major share in the total cost of milk production per litre. The total cost of rearing native and cross-bred cows was Tk. 14,155 and Tk. 19,854 per annum, respectively. The average net cost of milk production per litre was Tk. 14.12 for native cows and Tk. 0.52 and for cross-bred cows were Taka 3.40. The benefit-cost ratio of milk per litre was higher (1:1.33) in cross-bred cows than native ones (1:1.04). The study further showed that in comparing with bulk line cost, the price of milk per litre received by the farmers was higher in cross-bred cows than native cows. Therefore, the study recommends dairying with cross-bred cows as encouraging and viable commercial enterprise in Banfladesh.

A Minimum Cost Model for Merging Production Process with Final Product Quality Constraints (최종품질제약하의 병합공정을 갖는 생산라인의 최소비용 모형)

  • 이경록;박명규
    • Journal of the Korea Safety Management & Science
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    • v.5 no.4
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    • pp.169-185
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    • 2003
  • Recently many researchers contributed to the understanding of Quality Control System, but the use of economics in the design of quality assurance system is limited in treatment of the relationship between the average incoming quality level (or average process quality level) of the incoming lot and the average outgoing quality level of this lot. In this study, a traditional concept of sampling inspection plan for the quality assurance system is extended to a consideration of economic aspects in total production system by representing and analyzing the effects between proceeding and succeeding production process including inspection process. This approach recognizes that the decision at each manufacturing process (or assembly process), is to be determined not only by the cost and the average outgoing quality level of that process, but also by the input parameters of the cost and the incoming quality to the succeeding process. By analyzing the effects of the average incoming and outgoing quality, manufacturing or assembly process quality level and sampling inspection plan on the production system, mathematical models and solution technique to minimize the total production cost for a general product manufacturing system with specified average outgoing quality limit are suggested.