• Title/Summary/Keyword: Production Investment

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Importance of pumped storage hydroelectric power plant in Turkey

  • Aras, Egemen
    • Advances in Energy Research
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    • v.5 no.3
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    • pp.239-254
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    • 2017
  • The world began to search for new energy sources with increasing energy demand. Renewable energy sources are as hydropower important for alternative energy. Countries with high hydroelectric potentials continue to work to utilize hydroelectric power plants in the most efficient way. Pumped storage hydropower plants are an important investment to meet the growing energy needs at peak times and to store energy. Although it produces energy in many countries, pumped storage hydropower plants have not begun to be built in Turkey which has high hydroelectric potential. A new era will be opened for energy production in Turkey where a large number of pumped storage hydropower plants projects are in study phase with the construction of pumped storage hydropower plants and first nuclear power plant.

A Study on the Selection for Strategic Alliance Mode and Corporation Information System (기업정보화 요인과 전략적 제휴 유형선택에 관한 연구)

  • Kim, Chi-Ho;Eom, Kwang-Yeol
    • International Commerce and Information Review
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    • v.6 no.1
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    • pp.3-23
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    • 2004
  • Since the mid-1980's, strategic alliances are dominantly hailed as an effective growth and survival strategy in the era of international market and multinational corporation. There are a number of reasons for this phenomenon. there is an increasing globalization of markets in an ever-widening band of industries, together with the development of global technologies that makes production cycles shorten and the ever-increasing demand for investment resources and information to cope with the changing environment. The purpose of this study is to investigate the determinants of corporation information system in strategic alliance mode, and to analyze the main factors which are affecting the choice of strategic alliance mode by Korean firms. This study can also contribute theoretical and practical suggestive points in relation to strategic alliance operations. However, it also has limits as an exploratory study due to lacks of prior studies and proper methodologies and so on. Accordingly, the phenomenon of international strategic alliances call for further studies on casual relationships between main factors and variables in this field.

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A Study for Determining Economic Life of KlAl Tank by Using the PRICE Model (PRICE모델을 이용한 KlAl전차의 경제수명 결정에 관한 연구)

  • 문태동;강성진
    • Journal of the military operations research society of Korea
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    • v.28 no.1
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    • pp.97-114
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    • 2002
  • An estimation of economic life for a new weapon system is a critical issue in aquisition process. In general a life cycle cost consists of, development cost, aquisition cost, and maintenance cost. These costs are not identified and obtained in the beginning of the aquisition process. This paper deals with an economic life for KlAl tank which is being deployed recently, using PRICE model. In order to estimate an KlAl economic life, we use equivalent annual cost method which is sum of capital recovering with return and equivalent O&M cost method. This method determines an economic life by minimizing annual investment cost and operation and maintenance cost. In this paper, an aquisition cost of KlAl is obtained from PRICE H and O&M cost from PRICE HL model. We obtained various results depending upon production quantity. An economic life for KlAl is estimated 18 years when 300 tanks are produced.

Comparative Analysis of a Competitive Technology for Major Future Energy Resources

  • Koo Young-Duk;Kim Eun-Sun;Park Young-Seo
    • Journal of information and communication convergence engineering
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    • v.3 no.2
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    • pp.101-104
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    • 2005
  • Recently advanced countries are making every effort to promote the efficiency of electric power production and supply, to deal with the environmental problems, and to develop the new energy. In particular, they are driving forward to develop various technologies for electric power in mid-long term, that are technology for building infrastructure of power transportation, establishing service network for account management using electronic technologies, elevating economic productivity by innovative electronic technologies, control-ling the discharge of global warming gas, using clean efficient energy, and so forth. However, power technology of Korea lagged behind than technology of advanced countries. Also, resources for developing power technology are limited in our country. Therefore, it is necessary to improve the efficiency of R&D investment. For it, our country must compare and analyze with technologies of advanced countries which are taking competitive advantage in the main future energy. Through comparative analysis, limited R&D resources of our country must be concentrated on technologies that can secure competitive advantage from now on.

Improving Performance of HPC Clusters by Including Non-Dedicated Nodes on a LAN (LAN상의 비전용 노드를 포함한 HPC 클러스터의 확장에 의한 성능 향상)

  • Park, Pil-Seong
    • Journal of Information Technology Services
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    • v.7 no.4
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    • pp.209-219
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    • 2008
  • Recently the number of Internet firms providing useful information like weather forecast data is growing. However most of such information is not prepared in accordance with customers' demand, resulting in relatively low customer satisfaction. To upgrade the service quality, it is recommended to devise a system for customers to get involved in the process of service production, which normally requires a huge investment on supporting computer systems like clusters. In this paper, as a way to cut down the budget for computer systems but to improve the performance, we extend the HPC cluster system to include other Internet servers working independently on the same LAN, to make use of their idle times. We also deal with some issues resulting from the extension, like the security problem and a possible deadlock caused by overload on some non-dedicated nodes. At the end, we apply the technique in the solution of some 2D grid problem.

Factory Automation(FA) in Korea firms and Development Strategy (한국산업의 공장자동화와 발전전략)

  • 이근희;안문영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.14 no.23
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    • pp.71-100
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    • 1991
  • Investment in FA facilities has been accerelated since 1986, turning point by labor strife in Korea firms. Most commonly adopted automation tech, in their manufacturing process consists of NC. Robotics, PLC, CAD/CAM now on and further confused system oriented FMS, CIM, etcs. undergoing. But for all their remarkable notices in manufacturing systems, The competitive position on product cost, quality, shorten delivery and profit has never been recovered in global swing market. To make some empirical suggestions with a view to competitive strategy of Korea firms by FA, to the conclusion largely FA tech. adoption can be justified only when its application on new product productions and improved the structure of products comparatively. Because of when it was applied in old production process. The effectiveness is very doubtful to the lacks of consistent and integrate manufacturing policy with the strategy of the fim and their poor standardization level in shop floors.

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The present status and future prospects of Kimchi industry in Korea (김치산업의 현황과 발전 방향)

  • Park, Wan-Soo
    • Food Science and Industry
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    • v.53 no.2
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    • pp.166-182
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    • 2020
  • Kimchi industry in Korea has grown rapidly with the increasing domestic and overseas demand of Kimchi. Currently, there is an increase trend of consuming the commercial Kimchi products, although the Kimchi consumption/adult/year is decreasing (36.6 kg in 2018). The amount of commercial Kimchi consumption in 2018 was 757,000 M/T (metric ton), out of 1,892,000 M/T of the estimated total consumption, and the size of Kimchi market was estimated to be 1,398 billion wons. In 2019, 29,628 M/T of Kimchi was exported to 78 countries, and 306,047 M/T was imported, mainly from China. In the future, for the technological upgrading of Kimchi plants, a large capital investment to the production of commercial Kimchi will be required. The accelerated glocalization of Kimchi will bring a steady increase in Kimchi export. Moreover, with the development of global Kimchi culture, the values and images of Korean national brand can be greatly improved.

Analyses on Management Situations of 'A' and 'B' Corporations as the Environment-Friendly Agricultural Organization at Asan (친환경농업 A영농법인과 B농업회사법인의 경영실태 분석- 충남 아산의 친환경 생산자조직을 사례로 -)

  • Kim, Ho
    • Korean Journal of Organic Agriculture
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    • v.30 no.4
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    • pp.471-483
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    • 2022
  • This study analyzed management situations of two organizations that have produced environment-friendly agricultural and processed meat products. 'A' farming corporation sells environment-friendly agricultural products like as grains, vegetables, fruits and processing foods. 'B' agricultural corporation processes and sells environment-friendly processed meat products, specially organic and antibiotic-free beef products. Recently, members and production areas of 'A' farming corporation have decreased because of their aging and labor shortage. And Indices for the management analysis are stability ratio, activity ratio and profitability ratio. Stability ratio indices are debt ratio, net worth ratio, fixed ratio and current ratio. Activity ratio ones include fixed assets turnover and net worth turnover. And profitability ratio is showed through return on investment, net return on sales and return on equity.

A Study on the Relationship between FDI Outflows and Export from Korea to India (한국의 대인도 FDI와 수출의 상관관계 연구)

  • Shin-Jou Kim
    • Korea Trade Review
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    • v.47 no.6
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    • pp.173-187
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    • 2022
  • Since the economic reform 1991, Indian has been implementing policies to promote trade and foreign direct investment (FDI). In particular, since the inauguration of the Modi government in 2014, India has created an economic environment in which more FDI can be launched and more jobs created in manufacturing sector. This study aims to analyze between FDI outflows and export from Korea to India. Using the quarter data from 2000 to 2021, this study examines panel regression. From the panel regression result, Korea's FDI outflows to India has a significantly positive impact on the Korea's export into India. Therefore, the relationship between FDI outflows and export from Korea to India is complementary. It is due that Korea's companies invest into India directly for the purpose of construction of production factors, and export capital goods and intermediate goods for producing in the factors. Therefore, for promoting FDI and export between Korea and India, Korean government should do continuous economic cooperation and discussion for the cooperation with Indian government.

An Economic Analysis of the Effluent Heat Supply from Thermal Power Plant to the Farm Facility House (화력발전소 온배수열 활용 시설하우스 열공급 모형 경제성분석 연구)

  • Um, Byung Hwan;Ahn, Cha Su
    • Korean Chemical Engineering Research
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    • v.56 no.1
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    • pp.6-13
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    • 2018
  • Utilizing the heat of cooling water discharge of coal-fired power plant, pipeline investment costs for businesses that supply heat to agricultural facilities near power plants increase in proportion to installation distance. On one hand, the distance from the power plant is a factor that brings difficulties to secure economic efficiency. On the other, if the installation distance is short, there is a problem of securing the heating demands, facility houses, which causes economical efficiency to suffer. In this study, the economic efficiency of 1km length of standard heat pipeline was evaluated. The sensitivity of the heat pipe to the new length variation was analyzed at the level of government subsidy, amount of heating demand and the incremental rate of pipeline with additional government subsidy. As a result of the analysis, it was estimated that NPV 131 million won and IRR 15.73%. The sensitivity analysis showed that NPV was negative when the length of heat pipe facility exceeded 2.6 km. If the government supports 50% of the initial investment, the efficiency is secured within the estimated length of 5.3 km, and if it supports 80%, the length increases within 11.4 km. If the heat demand is reduced to less than 62% at the new length of the standard heat pipe, it is expected economic efficiency is not obtained. If the ratio of government subsidies to initial investment increases, the elasticity of the new bloc will increase, and the fixed investment, which is the cost of capital investment for one unit of heating demand, will decrease. This would result in a reduction in the cost of production per unit, and it would be possible to supply heat at a cheaper price level to the facility farming. Government subsidies will result in the increased economic availability of hot plumbing facilities and additional efficiencies due to increased demand. The greater government subsidies to initial investment, the less farms cost due to the decrease in the price per unit. The results of the study are significant in terms of the economic evaluation of the effectiveness of the government subsidy for the thermal power plant heat utilization project. The implication can be applied to any related pilot to come.