• Proceedings of the SAREK Conference
• /
• 2008.11a
• /
• pp.334-339
• /
• 2008

Nowadays national research and development fund is continuously increased. And the evaluation on the feasibility of R&D budget investment was carried out. Through this study it was possible that a business feasibility evaluation of large scale research project. Also the benefit of research project about large scale plant(A plant) is $2.67{\sim}3.76$ times of research funds, and the R&D fund pay-back period is $6{\sim}8$ years. And also there is employment effect as $1,200{\sim}2,200$ every year, and $22,000{\sim}35,000$ within 20 years after research project.

• Ocean Systems Engineering
• /
• v.10 no.1
• /
• pp.111-129
• /
• 2020

A simplified algorithm is proposed for fast estimation of the material quantities required for the construction of rubble-mound breakwaters. The proposed algorithm is able to employ only the data available at feasibility study phase such as the maximum draught of the design ship selected to transport the cargos to the harbor despite, because at the feasibility phase, information for the planned harbor is likely to be very limited. A linear-constant waterdepth model together with a proposed section configuration for the breakwaters, which is customary for harbors, is considered to calculate the quantity of materials. The numerical simulation of the wave characteristics has been verified using the recorded wave data collected by a buoy installed near the Neka harbor in Caspian Sea waters. A case study has been also applied to four harbors to validate the proposed algorithm. The estimated weights using the proposed linear-constant and multi-linear waterdepth models were compared using the bathymetry maps and layouts of these harbors. A computer program, written in QBasic language, has been developed to simulate the wave characteristics and to estimate the material quantities needed to construct a rubble-mound breakwater. The obtained results show that taking into account the acceptable accuracies normally applied to the feasibility study and conceptual design phases, the proposed algorithm is sufficiently accurate and highly effective for the conceptual estimation of materials' quantities of breakwaters in the feasibility study phase of harbor projects.

• Child Health Nursing Research
• /
• v.27 no.1
• /
• pp.13-23
• /
• 2021

Purpose: This study aimed to develop a mobile-based self-management health alarm (MSHA) program for modifying obese children's lifestyle based on the information-motivation-behavioral skills (IMB) model and to test its feasibility. Methods: A methodological study for the development of the MSHA program and pilot study with a one-group pretest-posttest design for feasibility testing was conducted. The MSHA program was designed to provide obesity-related information (I), monitor daily diet and exercise, provide motivational text messages (M), and enhance healthy diet and exercise skills (B) via a mobile-based web platform. In the feasibility test, six obese children participated in the 4-week program, and the number of days per week that they achieved their goals and differences in metabolic components were assessed. Data were analyzed using descriptive statistics and the Wilcoxon signed-rank test. Results: Participants successfully achieved their diet and exercise goals≥5 days per week. Body mass index (z=-1.99, p=.046), waist circumference (z=-2.20, p=.028), and triglyceride levels (z=-2.21, p=.027) significantly decreased. Conclusion: The MSHA program showed positive effects on health behaviors and metabolic syndrome risk. The program may be effective in improving metabolic syndrome in obese children by promoting self-health management behaviors.

• New & Renewable Energy
• /
• v.20 no.1
• /
• pp.15-25
• /
• 2024

This study analyzes the economic feasibility of agrivoltaics in South Korea. The key findings are as follows. It was ascertained that an amendment to the Farmland Act, which currently has an 8-year permit period, is necessary to ensure the economic feasibility of agrivoltaic projects. Furthermore, economic feasibility improves when agrivoltaic projects are financed, as against cases without financing. Furthermore, the availability of low-interest loans through financial support programs significantly enhances economic feasibility. Scaling up projects leads to cost savings due to economies of scale, while community-based agrivoltaic initiatives generate higher revenue through the acquisition of additional Renewable Energy Certificates. These factors can help improve the economic feasibility of agrivoltaic projects. These incentives are emphasized as they can serve as a source of funding to foster community acceptance of agrivoltaic projects.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.45 no.1
• /
• pp.83-90
• /
• 2022

This study deals with replacement analysis of deteriorated equipment for improving productivity of production system. Frequent breakdown of the deteriorated equipment causes a situation that reduces productivity such as low product quality, process delay, and repair cost. However, the replacement of new equipment will be required a high initial investment cost, so it is important to analysis the economic feasibility. Therefore, we analyze the effect of the production system due to the aging effect of the equipment and the feasibility of equipment replacement based on the economic analysis. The process flow, working time, logistics movement, etc. are analyzed in order to build the simulation modeling for a ship and land switchboard production system. Using numerical examples, the economic feasibility analysis of equipment replacement through replacement of existing deteriorated equipment and additional arrangement of new facilities is performed.

• Journal of Agricultural Extension & Community Development
• /
• v.28 no.4
• /
• pp.167-174
• /
• 2021

This study analyzed the feasibility of custom work service to deal with the imbalance of farm labor supply due to population aging. The economic feasibility analysis is based on the case of Bonghwang-myeon in Naju-si, where the majority of farm work is entrusted to local agricultural cooperative. To assess the project profitability and economic feasibility based on the projected cash flow for the next ten years, Return On Investment (ROI), Net Present Value (NPV), and Internal Rate of Return (IRR) of the projects were calculated. The results showed that ROI is estimated at 13.7%, and NPV and IRR are KRW 1,504,932,000 and 15.6%, respectively, with a discount rate of 4.5%, indicating a good enough profitability. Furthermore, a sensitivity analysis with government support as part of an assumption showed that without the support, NPV turns negative, implying that the project is not profitable, and that government support for at least 30% of the cost is needed to secure the economic feasibility of a project. Hence, to promote agricultural work entrustment, it is necessary for the government to partly support the agricultural machinery and facility costs, which require a considerable amount of initial investment.

• The Journal of the Korea Contents Association
• /
• v.9 no.1
• /
• pp.407-416
• /
• 2009

It is evident that a financial feasibility study based on the economic analysis has been theoretically and practically accepted in the aspect of its adequacy. However, it is not easy to apply in the practical business affairs since there exist some difficulties on the economic analysis and the interpretation of the result because of the difficulty of the estimation of the discount rate. This study aims to suggest a method of the financial feasibility study based on the economic analysis. The results of this study are as follows. First, this study can increase the reliance and adequacy of the economic analysis result by suggesting a method of estimating the discount rate by means of the proxy ${\beta}$ method in the practical way. Second, this study can provide the overall frame of the financial feasibility study based on the economic analysis method (namely, Net Present Value Method internal rate of return, profit index method and payback period method)which use discount rate and cash flow. Third, this study can suggest an practical analysis skill required in each step of the financial feasibility study.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2016.05a
• /
• pp.68-69
• /
• 2016

North Korean market created by reunification of the Korean Peninsula is expected to serve as a new growth engine to the already-developed construction industry of South Korea. Improvement on deteriorated construction facility of North Korea is a project in urgent need at the initial stage of reunification. Prior to market entry of the Korean peninsula under these circumstances, economic feasibility analysis on construction technology application must be preceded by considering reunification period. Therefore, this study conducts an economic feasibility analysis on construction facility improvement project of North Korea considering application period of technology developed by South Korea. Results of this study are expected to be utilized in future reunification process as the basis for establishing relevant guidelines for construction facility improvement project of North Korea.

• Journal of the Korea Institute of Building Construction
• /
• v.4 no.3
• /
• pp.117-124
• /
• 2004

This study aims to evaluate the feasibility of remodeling business by predicting the future price of apartment house after remodeling using Hedonic Price Model. The data concerning such 8 independent variables as location, unit size, unit plan, landscape, parking, the number of elapsed years after completion, number of units, brand per apartment unit from 25 regions in Seoul metropolitan city were collected and evaluated by established evaluation criteria. The coefficients affecting the price of apartment unit were made by way of linear multi-regression and put into Hedonic Price Model. The feasibility evaluation model for apartment was made and verified by data of remodelled apartment. The predicted results using suggested evaluation model coincide with actual apartment market situations.

• Proceedings of the KSR Conference
• /
• 2006.05a
• /
• pp.47-59
• /
• 2006

This study is about a feasibility study for the practical using Urban Transit Maglev system based on systems engineering. First of all we defined what phase is matched with the project for feasibility study in the system life cycle and identified tasks that shall be done in the phase. Finally we suggested how to do in this project. The Urban Transit Maglev system is not wholly new system. It has similar architecture to a legacy urban railway system. But it is the system that is partially introduced new technology, because there are many projects have this characteristic within the country, we expect that this study may provide references.