• Title/Summary/Keyword: Production Costs Decrease

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An Analysis on the Value Chain and the Value System of the Korean Wind Power Industry (한국 풍력산업의 가치사슬 및 가치시스템 분석)

  • Ryu, Jae-Ho;Choi, Ta-Gwan;Park, Jung-Gu
    • Journal of Energy Engineering
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    • v.23 no.1
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    • pp.46-57
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    • 2014
  • This study analyzes whether the value-added structure of Korean wind power industry exhibits a virtuous cycle through the value chain(VC) within wind power firms and the value system(VS) among the wind power industries, using a regression analysis based on a survey about Korean wind power companies. According to the VC, the government's R&D support is analyzed to have contributed to an increase in the R&D investments of the wind power companies. An increase in corporates' R&D investments has led to an increase in corporates' R&D outputs, and in turn, induced a remarkable increase in the amounts of production. But an increase in production has not led to a decrease in the costs of production, not resulting in an increase in profit rates per sales amount. In addition, while an increase in profit rates is analyzed to have contributed to an increase in production, this did not induce further investments in corporate's R&D. The virtuous cycle of the value chain in Korean wind power firms is, therefore, analyzed to be weak. Next, the VS is analyzed by dividing the whole chain into the system group including rotor blades, gear boxes, and power generators, and the structure group, such as towers. Two groups are analyzed to have mutually positive effects in the processes of the government's support for corporates' R&D, corporates' investment in R&D, R&D outputs, and profit rates per sales amount. Such mutual positive effects are, however, not found in the processes of the amounts of production and the costs of production. These results demonstrates that the value system of Korean wind power industry is not completed. This study has a policy implication to need further efforts to create the virtuous cycle in the VC and VS of Korean wind power industry.

An Empirical Analysis of Optimal Size Combination in the Small Crop-Livestock Cycling Organic Farm (소규모 경축순환 유기농가의 경제적 최적규모 조합 실증 분석)

  • Choi, Deog-Cheon
    • Korean Journal of Organic Agriculture
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    • v.26 no.1
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    • pp.57-72
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    • 2018
  • Organic agriculture seeks sustainable agriculture. Organic agriculture is based on circulating agriculture of a family farm unit. However, as of the end of 2016, only 33 out of the total organic farming farms were implementing Crop-Livestock cycling organic farming. The reason seems to be a matter of income after all. The optimal size combination refers to the scale by which family farms can maintain their quality of life while engaging in farming activities. In other words. it is a farm scale that maintains optimal income through stable labor costs. In the meantime, there has been no previous study on the optimal economical combination of Crop-Livestock cycling farming. Choi (2016) analyzed whether the economies of scope (EOS) were realized in the combined production by using the management data of the farmers who practiced Crop-Livestock cycling organic farming for four years. As a result, it has been revealed that the EOS measurement value is 0 or more so the economies of scope are being realized. Therefore, the purpose of this empirical analysis is to identify farm incomes under this circumstance. It is assumed that the optimum production is achieved by balancing the total income curve and the total cost curve in the optimal scale production range. The results of the analysis are as follows. First, the income after the conversion to Crop-Livestock cycling farming was 44,789,280 won, the sum of the seedling-livestock sector, which was 17,873,120 won higher when the non-Crop-Livestock cycling farming was assumed. The same is true for 2014 and 2015. The reason for this is that pig droppings were composted from organic seedlings, and the cost of selling pork was 150,000 won/per pig more expensive even though the manufacturing cost of organic feeds was higher than the purchasing cost. Secondly, this study simulated the result that the economic index varies when the farm size combination is changed by the farm size of 100% standard (S100) as of 2014. S130 is the increase in size from 100% of 2014, whereas S30 is the result of 3ha crop and 66 livestock (pigs). As a result of this simulation, Crop-Livestock cycling farming income decreased more than non-Crop-Livestock cycling farming as the farm size decreased, whereas the income decreased as the farm size increased. When the size was reduced below S50, the income tended to decrease. In this situation, EOS changed in the same direction. The results showed that when the farming size was reorganized and reduced to 50% compared to 2014, the income and income difference was the highest. At the same time, economies of scope (EOS) were the highest at 0.12985. In other words, it was found that the income of farm houses in a family farm unit sector was the best in the combination of 1.5ha crop agriculture and 110 livestock (pigs).

A Study on the Utilizing System of Aquaculture Farms in Japan (일본의 양식어장 이용제도에 관한 연구 -구획어업권을 중심으로-)

  • Song, Jung-Hun
    • The Journal of Fisheries Business Administration
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    • v.41 no.1
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    • pp.53-72
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    • 2010
  • The objects of this study are to consider the current features and the development process of the utilizing system of aquaculture farms in Japan, and to suggest the theoretical basis for improvement of aquaculture system of Korea in the future through the analysis of background of the liberalization theory proposed recently. The aquaculture-fishery system of Japan was begun from the Meiji Era Fishery Act and New Fishery Act of the World war II. A small sum of fishery fee is paid to the fishery cooperative having fishing rights for securing fishing area newly, because the aquaculture of Japan belong to fishery cooperative not individual ownership of union membr of cooperative society, the other words, cultivation fisheries household. In case of Korea, there are several differences with Japan as follows; almost cultivation fisheries household has a individual license, the lisence of fishing rights are recognized as an article, the license of fishing lights are able to do sale. Therefore, it is needed to paid a lots of money for securing fishing area newly. On the other hand, advanced countries in the marine aquaculture such as Norway have reached the stage where the managing abilities of marine aquaculture are similar to those in the manufacturing industry. And the number of large scale aquaculture farms with developed technologies and advanced marketing strategies in those countries is increasing. Considering that the marine aquaculture in Japan under the similar fishery systems of Korea has developed the state-of-the-art management skills or lead to large scale management, it is difficult to expect the decrease in the production costs under the small scale family business in Korea and this will lead to the decreasing competitive advantage over the imported seafood. Therefore marine aquaculture in Korea needs to increase the economy of scale to acquire the competitive advantage.

Development of Automatic Alignment Height and Cross-section Inspection System for Fiber Bragg Grating Embedded Field Assembly Connector (FBG Embedded 현장 조립형 커넥터의 자동 정렬 및 단면 자동 검사 시스템 개발)

  • Lee, Jung-Ho;Park, Chan-Hee;Yoon, Jae-Soon;Lee, Hee-Kwan;Kim, Cheol-Sang;Kim, Jae-Won;Kim, Kyung;Kim, Jae-Jun
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.23 no.1
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    • pp.94-101
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    • 2014
  • Recently, in order to reduce the time required to replace an optical jumper cord, many researchers are using a field-installable connector and applying the ferrule polishing method, ferrule mechanical contact method, or ferrule fusion contact method. However, the process of arranging the length of the optical fiber, i.e., inserting the optical fiber into the ferrule by hand and checking its cross section, takes 60% of the time required for the entire process, which increases the overall cost. Therefore, in order to make this task more cost-effective, we will develop an automated inspection system with automatic cross-sectional arrangement of a field-installable connector. This system will be able to decrease the failure rate from 10% to 2% compared with the conventional method when cutting the optical fiber inserted into the ferrule. It will also improve the productivity by decreasing the test time by 28% compared with the conventional method. Our studies showed that it was possible to reduce the production costs and improve the quality of a field-installable connector, and we expect it to dominate the market.

Development of High Efficiency Contactless Power Supply System for Stocker System (Stocker 시스템에 적용한 고효율 비접촉 전원시스템 개발)

  • Hwang, Gye-Ho;Kim, Won-Gon;Yun, Jong-Bo;Moon, In-Ho;Lee, Bong-Seob;Min, Byung-Jae;Kim, Dong-Hee
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.2
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    • pp.77-85
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    • 2010
  • Recently, As increasing cleanroom size, Stocker system is trending the large size and long distance for LCD material transfer system In order to rise a rate of production, the manufacturer are on the decrease of total tact time with Stocker system And the manufacturer are requested to high speed of next generation Stocker system Also manufacturers for the high oil prices through energy-saving conservation to minimize plant operating costs are required. Therefore, this paper propose optimal design of high efficiency Contactless Power Supply(CPS) system about high speed and energy savings of next generation Stocker system This paper proposes CPS system is applied in the long distance and straight section with Stocker system for energy savings. The test results of input!output characteristic and efficiency of CPS system on operating pattern of Stocker system were analyzed, and proved the applicability on commercial use.

An Integrated Epidemiological and Economic Analysis of Vaccination against Highly Pathogenic Porcine Reproductive and Respiratory Syndrome (PRRS) in Thua Thien Hue Province, Vietnam

  • Zhang, Haifeng;Kono, Hiroichi;Kubota, Satoko
    • Asian-Australasian Journal of Animal Sciences
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    • v.27 no.10
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    • pp.1499-1512
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    • 2014
  • The purposes of this study are to assess pig farmers' preference for highly pathogenic porcine reproductive and respiratory syndrome (PRRS) vaccine, and estimate the cost and benefit of PRRS vaccination in Vietnam. This study employed an integrated epidemiological and economic analysis which combined susceptible-infectious-recovered (SIR) model, choice experiment (CE) and cost-benefit analysis (CBA) together. The result of SIR model showed the basic reproduction number ($R_0$) of PRRS transmission in this study is 1.3, consequently, the optimal vaccination percentage is 26%. The results of CE in this study indicate that Vietnam pig farmers are showing a high preference for the PRRS vaccine. However, their mean willingness to pay is lower than the potential cost of PRRS vaccine. It can be considered to be one of the reasons that the PRRS vaccination ratio is still low in Vietnam. The results of CBA specified from the whole society's point of view (Social perspective), the benefits of PRRS vaccination are 2.3 to 4.5 times larger than the costs. To support policy making for increasing the PRRS vaccination proportion, this study indicates two ways to increase the vaccination proportion: i) decrease vaccine price by providing a subsidy, ii) provide compensation of culling only for PRRS vaccinated pigs.

Analysis of Performance of Balcony Integrated PV System (발코니 일체형 태양광발전시스템의 발전성능 분석)

  • Kim, Hyun-Il;Kang, Gi-Hwan;Park, Kyung-Eun;So, Jung-Hoon;Yu, Gwon-Jong;Suh, Seung-Jik
    • Journal of the Korean Solar Energy Society
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    • v.29 no.1
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    • pp.32-37
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    • 2009
  • Photovoltaic(PV) permits the on-site production of electricity without concern for fuel supply or environmental adverse effects. The electrical power is produced without noise and little depletion of resources. So BIPV(Building-Integrated Photovoltaic) system have been increased around the world. Hereby the relative installation costs of the system will be relatively low compared to traditional installations of PV in high-rise buildings. This paper examined possibility of building integrated balcony PV system and analyzed both performance and problems of this system. The system is influenced by conditions such as irradiation, module temperature, shade and architectural component etc. If this BIPV system of 1.1kW is possible the natural ventilation in the summer case, the temperature of PV module decrease and then the efficiency of PV system increase generally. By the results, the annual averaged PR of BIPV system of cold facade type is about 74.7%.

Research Regard to Necessity of Smart Water Management Based on IoT Technology (IoT 기술을 활용한 스마트 물관리 필요성에 관한 연구)

  • Choi, Young Hwan;Kim, Yeong Real
    • Journal of Korea Society of Industrial Information Systems
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    • v.22 no.4
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    • pp.11-18
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    • 2017
  • The Objective of this Study is to Prove the Effectiveness of a Smart Water Management(SWM) Technology. The SWM Technology can Reduce the Production Cost using Internet of Thing(IoT) Technology that Utilizes Remote Metering of Consumer's Water usage and Reduce the Leakage of Supply Facilities. The SWM Demonstration Model Installed a Remote Water Leakage Sensor, Smart Metering and Micro Multi Sensor in Water Supply Facility, and Provided Real-Time Monitoring of the Operation Status. Consumers can be Provided the usage of Tap Water and the Water Puality through a Smart Phone Application. At this Time, we Surveyed Whether Consumers save the Tap Water or Drinking Directly using the Tap Water usage Information. Also, this Study is to Verify the Degree of Improvement of Water Supply Rates and Drinking Water Rate, and to Decrease Consumer's Complaints, Operating Costs, and Water Consumption by the SWM Technology. It is also Established a SWM Model Combined with the IoT Sensor at Supply Facilities, operator monitoring system and explored recovery solution detected events. It means the upbringing of the domestic water industry by developing the related technologies and spreading the SWM to advanced levels.

A Study on the Environmental and Economic Value of Green space -The Case of Seoul Metropolitan City- (녹지가 갖는 환경적, 경제적 효과에 관한 기초적 연구)

  • Lee, Dong-Kun;Oh, Kyu-Shik;Youn, So-Won
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.5 no.4
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    • pp.10-18
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    • 2002
  • The purpose of this study is to investigate the environmental value of green space in Seoul. Longitudinal relationships between land use patterns and $SO_2/NO_2$ have been analysed. Then the environmental and economic value of green space were examined. In this study, the following results have been found : Firstly, it was found that the amount of $SO_2$ showed the negative relations with green space but had the positive relationships with the built-up area. Which in turn can be interpreted as securing the green space could improve the $SO_2$ purification capacity. Secondly, Seoul Metropolitan green belt zones absorbed 69,728 tones of $CO_2$, 654 tones of $SO_2$ and produced 51,205 tones of O2 at the year of 1997 standpoint. This results implicate that the Seoul Metropolitan green belt zones resolve 0.2% of $CO_2$ and 2.9% of $SO_2$ production in total. Finally, the occurrence of an additional costs of 6,800 Korean Won per household was expected due to the air conditioning cost increases as the green belt areas decrease. Therefore, it is recommended to establish the alternative plans for the protection and creation of the green space in the urban areas, since those urban green space have the significant meaning as their provision of habitats for the wildlife as well as their contribution to the reduction of energy consumption.

Vietnam: Is it attractive market for Korean Textiles and Apparel Industries\ulcorner Recent investments, Future Directions, and Implications (한국 섬유 및 의류산업의 유망 해외 진출국으로서의 베트남: 최근 진출 현황, 향후 전망과 제언)

  • 김혜수;진병호;박연주
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.7
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    • pp.958-969
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    • 2002
  • No one doubts that textile and apparel industries have contributed to economic miracles of the export-led growth in Korea. However, by the turning of 1990′s, these sectors have encountered many problems such as decreasing of domestic production and exports mainly due to wage rise and shortage. Therefore, foreign direct investment to the low labor cost countries has been enlarged for a way of improving its competitiveness and increasing exports. However, no intensive study has been made exploring current investments and future directions. This study focuses Vietnam as one of the promising overseas investment countries. The purposes of this study are to analyze current investment status of Korean textiles and apparel firms in Vietnam, to explore merits and problems Vietnam has, and to present useful implications and strategies for Korean textiles and apparel companies. Analysis of current secondary data suggests that Korean apparel industry, rather than textiles industry, have invested more in Vietnam, mostly in southern Ho Chi Minh City. Investments of Korean apparel and textile firms have shown steady increase from 1990 but have turned to a decrease from 1995. Findings suggested that Vietnam has merits for attracting foreign investment since it provides relatively cheap labor and outstanding skillful hands suitable for apparel and textiles industries. In addition, because of EU quota increase and the trade agreement between Vietnam and USA it is likely for firms in Vietnam to increase exports to EU and USA Rapid expansion of domestic apparel market and "Korean trend (Han Rue)" in Vietnam resulted from successful star marketing of Korean firms are another merits Vietnam has to the Korean fm. However, regulations of central government, low efficiency of bureaucratic and stiff administrative process, difficulty of making decision in case of joint venture, lack of social overhead capital, high factory construction costs, weak construction condition, and the excessive competition among investment enterprises have found to be problems. Based on pros and cons of investment to Vietnam, marketing strategies, practical implications and future directions were suggested.