• Title/Summary/Keyword: break-even point

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Economic Analysis of Power Transmission Lines using Interval Mathematics

  • Teegala, Srinivasa Kishore;Singal, Sunil Kumar
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1471-1479
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    • 2015
  • A major portion of the capital costs in the present day power transmission systems are due to the cost of equipment and construction process. Transmission utilities in the recent years are drawing greater attention towards performing life cycle costing studies for cost management and decision making. However, the data involved in these studies are highly uncertain and the effect of these uncertainties cannot be directly included in the study process, resulting in inaccurate solutions. Interval mathematics provides a method for including these uncertainties throughout the cost analysis and provides final solution range in the form of intervals. In this regard, it is essential and extremely important that significant research has to be carried out in understanding the principles of life cycle costing methodology and its applicability to cost analysis of transmission lines along with uncertainties involved in the cost assessment process. In this paper, economic analysis of power transmission lines using interval mathematics has been studied. Life cycle costing studies are performed using net present value analysis on a range transmission lines used in India and the results are analyzed. A cost break even analysis considering right of way costs was carried out to determine the point of economy indifference.

Changes in Review Length Based on the Popularity of Movies Using Big Data (빅데이터를 활용한 영화 흥행에 따른 리뷰길이 변화)

  • Cho, Yonghee;Park, Yiseul;Kim, Hea-Jin
    • The Journal of the Korea Contents Association
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    • v.18 no.5
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    • pp.367-375
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    • 2018
  • The study aims to determine which groups leave longer(more active) online reviews(comments) on the film by separating groups, one that satisfied with the movie while the other group dissatisfied with the movie. The data used were rating scores and reviews(comments) from Naver Movie API, and break-even point data provided by Korea Film Commission. We analyzed the relationship between movie rating and review length, before and after movie opening, the characteristics of review length according to the box office, and whether the movie rating affects the review length.

The Prediction of Time-Dependent Thermal Conductivity of Polyurethane Foam with Cell Gas Analysis (셀 가스분석을 이용한 우레탄폼의 열전도도 장기변화 예측)

  • Lee, Hyo-Jin;Chun, Jong-Han;Kim, Jin-Seon;Lee, Jin-Bok;Kang, Nam-Goo
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.1367-1372
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    • 2009
  • A proprietary device is adopted to break out the membrane of cell in the rigid polyurethane foam. As it is known, the membrane of cell is hardly tearing-off thoroughly in a mechanical way due to both its elastic characteristic and micro sized pores. In this study, a novel experimental approach is introduced to burst out all gases inside the cells of the rigid polyurethane foam by abrasively grinding micro-cells completely into fine powder. The biggest advantage of this approach is to be capable of releasing all gases out from the cell even in the micro pores. As clearly reflected from the repeatability, the accuracy of the result is highly improved and high confidence in the data sets as well. For the measurements of not only gas composition but partial pressure for each gas simultaneously as well, a precision gas mass spectrometer is used in-line directly to the abrasive grinding device. To control the starting point of the polyurethane foam, all samples were prepared on site in the laboratory. Manufactured time is one of the most critical factors in characterization of cell gas composition because it is known that one of gas composition, especially, carbon dioxide, is diffused out dramatically in a short period of time as soon as it is foamed.

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Cost-Benefit Analysis for Planting Type of Street Trees (가로수 조성 유형에 따른 비용편익 비교 분석)

  • Kim, Joon Soon;Lee, Dong Kun
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.17 no.6
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    • pp.29-37
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    • 2014
  • The objective of this study is to estimate the cost and benefits of street trees for their planting types, specifically, single row, single row+bottom, double row, double row+bottom. Different planting types are compared and analyzed by using Net Present Value (NPV) and benefit-cost ratio (BCR). Existing data are collected from the literature reviews for the use of meta-analysis method for estimating cost and benefit. The elements for analyzing costs are management and planting costs, and benefits are air purification, energy saving and landscape view. The discount rate is applied at a minimum of 3% and a maximum of 5.5%. The unit used in this calculation is km/year. The result shows that the net benefit is highest in double row, followed by single row, double row+bottom, and single row+bottom. The BCR is the highest in double row, followed by single row, double row+bottom, and single row+bottom. The BCR reaches the break-even point from 9 to 17 years depending on the planting types.

Development of Loading Machine of Culture Medium for Oyster Mushroom Production - Performance Test and Economic Analysis of Loading System - (느타리버섯 재배용 배지 입상 장치 개발(2) - 시작기 성능시험 및 경제성 평가 -)

  • Lee, Kyung-Jin;Lim, Hak-Kyu;Kim, Tae-Han
    • Journal of Biosystems Engineering
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    • v.34 no.4
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    • pp.220-227
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    • 2009
  • In the process of oyster mushroom production, loading work of culture medium needs the most intensive labor power. Therefore, development of culture medium machine causes to reduce the manpower and cost. The main objective of this study is to develop the culture medium loading machine and investigate the optimal operation conditions and to evaluate the economic value of the machine. The results are summarized as follows: 1. Optimum transporting velocity of the conveyor was 0.61 m/s 2. Optimum speed of blower was 3183 rpm at the transporting velocity of 0.61 m/s with the loading quantity of 3.41 t/hr 3. Recommendable opening area ratio of pressure controller was 1/2 at the blower speed of 3183 rpm and the transporting velocity of 0.61 m/s 4. The break even point resulted in $240\;m^2$ of cultivating area compared to the method of with portable workbench, and $350\;m^2$ of cultivating area compared to the method of with a tractor and a truck.

Aerial Triangulation with 3D Linear Features and Arc-Length Parameterization

  • Lee, Won-Hee
    • Journal of Korean Society for Geospatial Information Science
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    • v.17 no.3
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    • pp.115-120
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    • 2009
  • Point-based methods with experienced human operators are processed well in traditional photogrammetric activities but not the autonomous environment of digital photogrammetry. To develop more robust and accurate techniques, higher level objects of straight linear features accommodating element other than points are adopted instead of points in aerial triangulation. Even though recent advanced algorithms provide accurate and reliable linear feature extraction, extracting linear features is more difficult than extracting a discrete set of points which can consist of any form of curves. Control points which are the initial input data and break points which are end points of piecewise curves are easily obtained with manual digitizing, edge operators or interest operators. Employing high level features increase the feasibility of geometric information and provide the analytical and suitable solution for the advanced computer technology.

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A Study on Organization of Information Network for Efficient Construction of U-City - Focused on Economic Analysis of Municipal Network and Leased Network - (효율적 U-City 구축을 위한 정보통신망 선정방안에 관한 연구 - 자가망과 임대망 경제성 분석을 중심으로 -)

  • Park, Sang-Soo;Park, Seung-Hee;Kim, Seong-Ah;Chin, Sang-Yoon;Joo, Hyeong-Woo
    • Journal of KIBIM
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    • v.5 no.1
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    • pp.54-62
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    • 2015
  • The Cities that recently developed have been applied to private network for establishing information communication network system. The local governments planning or pursuing U-City construction should also choose the private network in consideration of operation and maintenance. In viewpoint of agency operating u-City, it is necessary to integrate traditional and new network. However, there has been lack of guides to choose U-City network considering the economic analysis between private and leased network. This study analyzed the characteristics of private and leased network, and the cost-benefit by estimating the network cost and communication demand focused on U-services that are recently applied. This study purpose a guide for efficient U-City information network selected by estimating ROI(Return On Investment) and BEP(Break Even Point) for establishing private and leased network.

A Marketing Strategy Implementation for Korea Postal Service (마케팅 전략실행을 통한 우정서비스 경쟁력 강화방안)

  • Kim Yong-Shik
    • Management & Information Systems Review
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    • v.3
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    • pp.257-285
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    • 1999
  • Korea Postal Service(KPS) nowadays lies in competitive environment with alternative business such as door-to-door delivery service. Customers began to complain about postal service quality and ask the government to reform a public firm through management innovation. But, Korea Postal Service has not met the break-even point between it's revenue and expenditure because the service is under the government system and cannot independently make major decisions on products, pricing, services, personnel management, financial policies and etc. The objective of this study is to provide marketing planners and practitioners with some guidelines when they establish marketing strategies and to help marketers on theories and practical instructions about postal service marketing when they interact with customers. I. A field survey on both customer satisfaction and internal staff satisfaction was conducted to get some ideas for the marketing strategy planning. II. Practical guidelines and instructions were made for marketers to communicate with customers in various areas such as pricing, product, service demand, marketing channel, promotion, and etc. III. Some suggestions on marketing policies for planners and mangers in the marketing strategy were described including personnel resource as well as physical resource. IV. Special issues on small packet market and direct mail market were discussed and some alternative solutions were proposed. V. Database marketing strategy was emphasized to get new business opportunities such as direct mail, and to provide differential services to customers as much as their contribution into the profitability for KPS. VI. Cyber Post Office should be constructed on Internet to provide new services which are combined with physical material flow and information technologies.

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A Economic Effects of Fish Seed Release (수산종묘방류사업의 경제성 평가)

  • Hwang Jin-Wook;Lee Kwon-Hyuk;Jeong Dal-Sang;Kim Kwang-Soo
    • The Journal of Fisheries Business Administration
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    • v.36 no.1 s.67
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    • pp.121-138
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    • 2005
  • This study was conducted to investigate the economic effect of the release of seed flounder to the central area of the West Sea, which was analyzed into both direct and indirect effects. The results showed that based on the data collected from partial area, the economic effect of flounder seed release reached 6.97 times, average catch proportion was 32.27$\%$, and recapture rate was 11.26$\%$, suggesting that economic effect was very high. In addition, it was observed that the recapture rate was greatly higher than 2.05$\%$, that of Break-Even-Point. It was noted that the increased catch by the release of seed flounder resulted in the increase in commission of sales and the increase in sports fishing. Another economic effect observed were diverse including the increase in income of fishing village, elevated spirit to proper management of fisheries resources, maintaining of willingness to live in fishing village through activation of local fishing village, prevention of illegal fishing including capture of juvenile fish, and the increase in the supply of sea food of high quality. It is emphasized that although the investigation was conducted in the same area, the results will vary by size at release, time at release and other factors. Finally, there is a need to expand species and area of study for more active economic analysis incorporating natural sciences.

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Design and Economic Evaluation on a POP Inventory Control System in SCM Using RFID (SCM 환경에서의 RFID를 이용한 생산시점 재고관리 시스템 설계 및 경제성 평가)

  • Cho, Jae Hyung
    • The Journal of Society for e-Business Studies
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    • v.19 no.1
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    • pp.1-14
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    • 2014
  • This paper presents the development of a stock control system of POP system design based on RFID in SCM and its economic efficiency. A stock control system is proposed for 900MHz passive type RFID system. The RFID system is composed of a RFID reader and four antennas to read the tag IDs. A cost estimation model is adapted based on the total product profit by various tag prices. The result of the economic efficiency analysis can indicate any invested model for the automation system which have initial investment should be used. This solution indicates the limit of the break even point according to the input. And it can be concluded that the stock control can be developed by RFID readers and passive tags with directional arrangement of several antennas. Also, the economical evaluation model can be a decision method for company to adapt the new developed system.