• Journal of Digital Convergence
• /
• v.8 no.4
• /
• pp.185-204
• /
• 2010

This case study quantifies the savings that can be realized through integration in National Computing & Information Agency (NCIA) of the Korea Government. It is based on the process of the NCIA development project that consolidating and integrating distributed 24 agencies. And it used the widely accepted Gartner TCO (Total Cost of Ownership) Solution and applies that methodology consistently before and after integration. Specific measurement items for examining the information system integration saving cost are developed pilot test for 2 agencies through compare TCO before integration and TCO after integration. The results of measuring on information system integration in NCIA are showed lots of economic cost reduction in TCO by integrating and consolidating each computing environment in agency. Especially in detail, NCIA realized the most savings in IT Capital Cost including development of hardware, software and recovery system. Also IT Support Cost and IT Administration Cost examined more savings than before IT integration.

• Journal of the Korean Institute of Gas
• /
• v.20 no.1
• /
• pp.7-12
• /
• 2016

Natural gas liquefaction process is essential to transport natural gas for long distances. Lots of compressors in this process are needed and the energy for these compressors can be supplied by drivers. Total driver cost can be changed by selecting various drivers. This study focused on the minimization of the driver cost to provide the energy to the compressors. Moreover, scenarios, extracting velocity is changed during whole operating period, are set with considering gas well capacity. The mathematical model was established by considering trade off relationship between the capital cost and the operating cost of the turbines. The model also considers the life time of the driver equipments. As the result, the driver cost of the optimized case was reduced by 6.4% than the base case.

• Journal of the Korea institute for structural maintenance and inspection
• /
• v.21 no.4
• /
• pp.87-96
• /
• 2017

It is important to estimate the future maintenance budget of all SOC infrastructure at the national strategic level. In this study, Based on a currently available statistics data, we predicted future maintenance investment for all SOC infrastructure in Korea. We have studied the applicable prediction models, and we developed the prediction models that can calculated the future maintenance cost by a real expenditure date. The subjects of facilities are bridges, tunnels, pavements, harbors, dams, airports, water supply, rivers and port. As a result of total estimated cost, eight types of SOC infrastructures are about 23 trillion won for the next 10years, and the most expensive facilities are road pavements and bridges.

• Management & Information Systems Review
• /
• v.22
• /
• pp.137-165
• /
• 2007

It seems high time to increase productivity by adopting e-business to overcome challenges posed by both external factors including the appreciation of Korean won, oil hikes and fierce global competition and domestic issues represented by disparities between large corporations and small and medium enterprises (SMEs), Seoul metropolitan and local cities, and export and domestic demand all of which weaken future growth engines in the Korean economy. The demands of the globalization era are for innovative changes in businessprocess and industrial structure aiming for creating new values. To this end, e-business is expected to play a core role in the sophistication of the Korean economy through new values and innovation. In order to examine business performance in e-business-adopting industries, this study analyzed the home shopping industry by closely looking into the financial ratios including the ratio of net profit to sales, the ratio of operation income to sales, the ratio of gross cost to sales cost, the ratio of gross cost to selling, general and administrative (SG&A) expense, and return of investment (ROI). This study, for best outcome, referred to corporate financial statements as a main resource to calculate financial ratios by utilizing Data Analysis, Retrieval and Transfer System (DART) of the Financial Supervisory Service, one of the Korea's financial supervisory authorities. First of all, the result of the trend analysis on the ratio of net profit to sales is as following. CJ Home Shopping has registered a remarkable increase in its ratio of net profit rate to sales since 2002 while its competitors find it hard to catch up with CJ's stunning performances. This is partly due to the efficient management compared to CJ's value of capital. Such significance, if the current trend continues, will make the front-runner assume the largest market share. On the other hand, GS Home Shopping, despite its best organized system and largest value of capital among others, lacks efficiency in management. Second of all, the result of the trend analysis on the ratio of operation income to sales is as following. Both CJ Home Shopping and GS Home Shopping have, until 2004, recorded similar growth trend. However, while CJ Home Shopping's operating income continued to increase in 2005, GS Home Shopping observed its operating income declining which resulted in the increasing income gap with CJ Home Shopping. While CJ Home Shopping with the largest market share in home shopping industryis engaged in aggressive marketing, GS Home Shopping due to its stability-driven management strategies falls behind CJ again in the ratio of operation income to sales in spite of its favorable management environment including its large capital. Companies in the Group B were established in the same year of 2001. NS Home Shopping was the first in the Group B to shift its loss to profit. Woori Home Shopping has continued to post operating loss for three consecutive years and finally was sold to Lotte Group in 2007, but since then, has registered a continuing increase in net income on sales. Third of all, the result of the trend analysis on the ratio of gross cost to sales cost is as following. Since home shopping falls into sales business, its cost of sales is much lower than that of other types of business such as manufacturing industry. Since 2002 in gross costs including cost of sales, SG&A expense, and non-operating expense, cost of sales turned out to have remarkably decreased. Group B has also posted a notable decline in the same sector since 2002. Fourth of all, the result of the trend analysis on the ratio of gross cost to SG&A expense is as following. Due to its unique characteristics, the home shopping industry usually posts ahigh ratio of SG&A expense. However, more than 80% of SG&A expense means the result of lax management and at the same time, a sharp lower net income on sales than other industries. Last but not least, the result of the trend analysis on ROI is as following. As for CJ Home Shopping, the curve of ROI looks similar to that of its investment on fixed assets. As it turned out, the company's ratio of fixed assets to operating income skyrocketed in 2004 and 2005. As far as GS Home Shopping is concerned, its fixed assets are not as much as that of CJ Home Shopping. Consequently, competition in the home shopping industry, at the moment, is among CJ, GS, Hyundai, NS and Woori Home Shoppings, and all of them need to more thoroughly manage their costs. In order for the late-comers of Group B and other home shopping companies to advance further, the current lax management should be reformed particularly on their SG&A expense sector. Provided that the total sales volume in the Internet shopping sector is projected to grow over 20 trillion won by the year 2010, it is concluded that all the participants in the home shopping industry should put strategies on efficient management on costs and expenses as their top priority rather than increase revenues, if they hope to grow even further after 2007.

• Journal of Energy Engineering
• /
• v.23 no.4
• /
• pp.236-239
• /
• 2014

KHNP CRI has been developing APR+ nuclear power plant since 2007, which is GEN III+ model with 1500 MWe capacity. To develop safer and more economical nuclear power plant than APR1400, we investigated advanced design features of ALWR(advanced light water reactor) being constructed in Korea and being developed/constructed in foreign countries. We applied the advanced design features and lessons learned from Fukushima accident to develop APR+ standard design suitable for both domestic construction and overseas construction business. Three economic assessments have performed during standard design phase of APR+. The result of the 3th(final) economic analysis for APR+ standard design showed that APR+ N-th plant was about 23% more economical than coal-fired 1,000MW power plant.

• KSCE Journal of Civil and Environmental Engineering Research
• /
• v.31 no.2D
• /
• pp.303-314
• /
• 2011

This paper proposes a differential pricing model for industrial land based on locational characteristics, using Support Vector Regression (SVR) as a land pricing methodology. The initial selling price of industrial land is set based on the total cost of site development that comprises the land acquisition cost and tax, land development expense, infrastructure installation cost, labor cost, migration expense, selling and administrative expense, capital cost, and so on. However, the current industrial land pricing method unreasonably applies the same price per square meter to all parcels within an industrial complex without considering differences in price depending on the location of each parcel. Therefore, this paper proposes an empirical land pricing model to solve this irrationality and verifies its validity and applicability.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
• /
• v.10 no.2
• /
• pp.19-23
• /
• 2014

In the capital of Mongolia where the air quality is getting worse due to the coal consumption used for electricity generation and district heating, the application of geothermal systems in the housing sector is recently designed for high class resort. In this study, the case of applying a geothermal system in a house in Mongolia is examined. The effects of passive house design on the needed heat pump capacity, as well as the annual energy consumption are analyzed. Moreover, as the initial costs, except labor fee, are assumed similar to Korea, cost analysis for several cases is examined, too. From the results, if a house is designed according to passive house standard instead of ASHRAE standard, the heat pump capacity can be expected to be reduced from 16 to 5~6 RT. Furthermore, although the initial cost of architectural cost might increased by 29 M\, the total initial cost is reduced by 14 M\, while the annual energy consumption is reduced by 14%. This is mainly driven by the fact that the geothermal system which serves as the main system to cover the building needs, with a high initial cost for fulfilling the peak requirements.

• Asian Pacific Journal of Cancer Prevention
• /
• v.17 no.4
• /
• pp.2131-2136
• /
• 2016

Background: Cancer is currently one of the main public health problems all over the world and its economic burden is substantial both for health systems and for society as a whole. To inform priorities for cancer control, we here estimated years of potential life lost (YPLL) and productivity losses due to cancer-related premature mortality in Iran from 2006 to 2010. Materials and Methods: The number of cancer deaths by sex and age groups for top ten leading cancers in Iran were obtained from the Ministry of Health and Medical Education. To estimate the YPLL and the cost of productivity loss due to cancer-related premature mortality, the life expectancy method and the human capital approach were used, respectively. Results: There were 138,228 cancer-related deaths in Iran (without Tehran province) of which 76 % (106,954) were attributable to the top 10 ranked cancers. Some 63 % of total cancer-related deaths were of males. The top 10 ranked cancers resulted in 106,766,942 YPLL in total, 64,171,529 (60 %) in males and 42,595,412 (40%) in females. The estimated YPPLL due to top 10 ranked cancers was 58,581,737 during the period studied of which 32,214,524 (54%) was accounted for in males. The total cost of lost productivity caused by premature deaths because of top 10 cancers was 1.68 billion dollars (US$) from 2006 to 2010, ranging from 251 million dollars in 2006 to 283 million dollars in 2010. Conclusions: This study showed that the economic burden of premature mortality attributable to cancer is significant for Iranian society. The findings provide useful information about the economic impact of cancer for health system policy/decision makers and should facilitate planning of preventive intervention and effective resource allocation.

• Journal of Technology Innovation
• /
• v.11 no.1
• /
• pp.79-97
• /
• 2003

R&D expenditure of Korean firms has been increasing drastically since 1980 and occupied 84% of total R&D expenditure in 1994. After 1994, however, the growth rate of industry R&D expenditure has dropped below single digit. R&D concentration rate of upper 20 companies declined from 61.9% in 1999 to 49.8% in 2001. The technology trade balance has diverged by 2.8 billion dollars in 2000 compared to around 0.3 billion dollars in 1985. We find several reasons on declining the industry R&D growth rate in Korea. First, we carefully say there might be an crowding out effect in increasing government R&D investment from Granger causality test between industry R&D and government R&D. Second, the decreasing benefit of tax credit since 1992 on industry R&D expenditure has caused the decrease of industry R&D growth rate. Third, the type of R&D cost becomes to similar to matured countries type of cost, which means the portion of capital expenditure has been decreased since late of 1980s. Therefore, industry R&D growth rate gets to saturation point. We draw several policy implications from the changing structure of business R&D of Korean company. Firstly, to stimulate industry R&D investment Korean government needs to strengthen tax credit policy. Secondly, to induce foreign direct investment Korean government needs to establish technology infrastructures and high quality of manpower. To utilize foreign technology resources Korean government need to introduce global R&D program executed by foreign scientist as an Project Leader.

• Journal of Electrical Engineering and Technology
• /
• v.12 no.4
• /
• pp.1511-1518
• /
• 2017

Renewable energy hybrid systems look into the process of choosing the finest arrangement of components and their sizing with suitable operation approach to deliver effective, consistent and cost effective energy source. This paper presents hybrid renewable energy system (HRES) solar photovoltaic, downdraft biomass gasifier, and fuel cell based generation system. HRES electrical power to supply the electrical load demand of academic research building sited in $23^{\circ}12^{\prime}N$ latitude and $77^{\circ}24^{\prime}E$ longitude, India. Fuzzy logic programming discover the most effective capital and replacement value on components of HRES. The cause regarding fuzzy logic rule usage on HOMER pro (Hybrid optimization model for multiple energy resources) software program finds the optimum performance of HRES. HRES is designed as well as simulated to average energy demand 56.52 kWh/day with a peak energy demand 4.4 kW. The results shows the fuel cell and battery bank are the most significant modules of the HRES to meet load demand at late night and early morning hours. The total power generation of HRES is 23,794 kWh/year to the supply of the load demand is 20,631 kWh/year with 0% capacity shortage.