• 제목/요약/키워드: cost of capital

검색결과 709건 처리시간 0.03초

컨테이너선의 총 비용 분석을 통한 노선별 최적선형 도출 (A Determination of the Optical Containership Size Using a Total Shipping Cost Analysis)

  • 김태원;곽규석
    • 한국항해항만학회지
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    • 제29권5호
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    • pp.421-429
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    • 2005
  • 선사가 운영하는 노선에서 최적선형의 선박을 결정하는 것은 선사가 해운시장에서의 경쟁력을 가지는데 매우 중요한 요소라 할 수 있다. 해운시장이 가지고 있는 이러한 특성 아래 경쟁관계에 있는 여러 선사들과 연구자들은 최적의 선형을 도출하기 위하여 많은 연구를 해왔었다. 본 연구는 선사들이 주요노선 상에 운영하고 있는 선형들에 대한 총 비용 분석을 통하여 노선별 최적의 선형을 도출하는데 그 목적이 있다. 총 비용을 산출하기 위하여 투입되는 비용변수들은 자본비용, 운영비용, 항해비용, 항만비용 및 기타비용이 포함되며, 대상이 되는 주요노선은 '유럽-극동 노선', '극동-북미 노선', '유럽-극동-북미 노선'으로 구분된다. 분석 결과 '유럽-극동 노선' 및 '유럽-극동-북미 노선'의 경우 6,500TEU급 선형이 최적으로 나타났으며, '극동-북미 노선'의 경우 8,200TEU급 선형이 최적으로 나타났다.

연료유 가격변동에 따른 컨테이너선대의 경제적 운영방안 (A Study on Economic Operation for Liner-Fleet by Fluctuation of Fuel Oil Price)

  • 이수동;신정훈;김철현;장명희
    • 한국항해항만학회:학술대회논문집
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    • 한국항해항만학회 2009년도 공동학술대회
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    • pp.173-174
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    • 2009
  • 연료유 비용은 컨테이너 해운 선사에 있어 상당한 비용을 차지한다. 지난 3년 간, 연료유 가격은 상당하게 증가하여 왔다. 컨테이너 해운에서 단기간에 계속적으로 증가하는 연료유 가격의 일부만이 운임애 대한 할증료를 통해서 보완되고 있다. 따라서 수익(earnings)에는 상당한 부정적인 영향을 주게 된다. 본 연구에서는 H선사의 AEX 항로에 대한 유가 및 선박 관련 자본비용에 대한 경제성 분석을 하였다. H선사의 2008년 DAYLY 척당 평균 고정비 31,818 USD 적용 시 연료유 가격이 169.35$/TON 일 때 8척 운항과 9척 운항의 항차당 운영비용이 동일하였다. 현제의 고유가 상황을 고려할 때 연료유 가격이 200$/TON이하로 형성되기 어려울 것으로 예상된다. 따라서 200$/TON이상 일 때 고정비(용선료)가 35,000$이 넘어서더라도 8척 운항 시 보다 9척 운항이 경제성이 있는 것으로 분석되었다.

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우리나라 전력계통의 분산형 전원에 대한 정량적 편익산정 (Assessment of Benefits on Distributed Generation in KOREA)

  • 김용하;김의경;오석현;김동근;이평호;우성민
    • 대한전기학회:학술대회논문집
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    • 대한전기학회 2011년도 제42회 하계학술대회
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    • pp.686-687
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    • 2011
  • In this paper, the method on calculating benefits of combined heat and power is introduced for standard evaluation in electrical power system. This paper calculates benefits about new national viewpoint and viewpoint of independent power producers and assesses benefits of combined heat and power in Korea and In Seoul national capital area. Benefit costs are composed of avoid cost of centralized generation, line upgrading adjustment, loss adjustment and electrical power trade cost per year in earlier study, in addition trade cost of CO2, construction cost of combined heat and power for accurate calculation. Benefit of combined heat and power is calculated by simulation results of real electrical power system.

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대구지역 물류효율화를 위한 물류체계 개선방안

  • 김규창
    • 한국유통학회지:유통연구
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    • 제2권1호
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    • pp.215-230
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    • 1997
  • Today, The biggest problem in the structure of high cost and low efficient economic situation in Korea is found due to problem of cost circulation field, so the government officials and enterprises trying to solve it. In fact, The high cost, low efficient structure is not good to poor circulation of goods among businesses, especially in Dae-gus local industries. also, we face there is a shortage of indirect social capital which caused by a lack of connectoin among businesses in the circulation field. Recently, in order to solve the problem of circulation, it is above all necessary that government and local authorities pay attention to it and effort of positive and drastical investment. As the economy of Dae-gu would be activiate and local firms competion should be strengthen, it is request that the policy for efficiency in the circulation of goods need to effort as follows; 1. The highest class of local firms try to convert of knowledge in order to reduce the cost of goods. 2. To efficient of firms goods, it is essential that standardize the goods and spread for automation, so in the long run, There will be thrust forward establishment of total goods information network.

부하 평준화를 위한 변전소 설치 배터리 에너지 저장장치의 모델 및 경제성 평가에 관한 연구 (Modeling of Battery Energy Storage System at Substation for Load Leveling and Its Economic Evaluation)

  • 조성민;신희상;김재철
    • 전기학회논문지
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    • 제61권7호
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    • pp.950-956
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    • 2012
  • As development of battery technologies, the installation of Battery Energy Storage System (BESS) increased. The BESS can be used for various purposes such like frequency response, load leveling, and fluctuation mitigation of renewable energy generators. In this paper, three state BESS model is proposed. the BESS model considering charge, discharge and keeping efficiency, and life cycle according to depth of discharge (DOD). Then, the benefit and cost of BESS installed at substation for load leveling are summarized. The economic evaluation of BESS is analyzed using net present values (NPV) analysis. In case study, the NPV analysis of NaS battery system is carried out using the proposed BESS model. Because the result of economic evaluation of BESS using nowadays cost data is not positive, the sensitivity analysis of BESS is conducted by changing the capital cost and energy cost.

A study on the relationship between proprietary information cost and the quality of disclosure

  • Kim, Ki Beom;Lee, Han Geun
    • International Journal of Internet, Broadcasting and Communication
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    • 제14권3호
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    • pp.270-275
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    • 2022
  • Examining whether the relationship between proprietary information cost and management's disclosure decision is also valid for domestic companies is expected to provide meaningful implications for investors and regulatory authorities. However, there are no domestic studies related to proprietary information costs so far. This study examines whether managers tend to lower the disclosure level at their discretion in consideration of proprietary information costs. This study used the measurement quality of disclosure to examine whether managers tend to lower the disclosure level at their discretion in consideration of proprietary information costs. As a result of empirical analysis, it was confirmed that there is a negative relationship between proprietary information cost and the quality of disclosure. This suggests that management tends to make disclosure decisions in consideration of not only the benefits of disclosure but also proprietary information costs resulting from disclosure in order to maximize corporate value. These findings are expected to have significant implications for investors and related policy authorities.

A Stochastic Cost - Volume - Profit Approach to Investment Risk in Advanced Manufacturing Systems

  • Park, Ju-Chull;Park, Chan-S.;Narayanan, Venkat
    • 대한산업공학회지
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    • 제21권3호
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    • pp.299-311
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    • 1995
  • Conventional discounted cash flow techniques fail to capture the risk associated with investments. This paper proposes an annual cash flow model that considers risk, cost structure and inventory liquidation in the evaluation of investment alternatives. The risk differential of investments is included using the capital asset pricing model while the stochastic version of the cost-volume-profit approach is used to consider inventory liquidation and cost structure. Tradeoffs between fixed and variable costs have been investigated, and portrayed using iso-cash flow curves. The proposed cash flow model has been developed, in particular, to enable an accurate evaluation of advanced manufacturing systems.

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치과대학병원 수익성에 영향을 미치는 요인 분석 (Identifying Factors Affecting Dental University Hospitals' Profitability)

  • 이지훈;김성식
    • 한국병원경영학회지
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    • 제26권2호
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    • pp.17-26
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    • 2021
  • Purposes: This study aims to identify factors affecting dental university hospitals' profitability and understand recent their business condition. Methodology: Data from 2016 to 2019 was collected from financial statement, public open data in 8 dental university hospitals. For the study, multiple regression test with stepwise selection was applied. Findings: First of all, 9 out of 19 independent variables were selected by stepwise selection. As a result of multiple regression test with selected independent variables and the dependent variable(operating profit margin ratio), the factors affecting hospitals' profitability were the number of dental unit chair, hospital location, debt ratio, total capital turnover ratio, employment cost rate, material cost rate, management expense rate, the number of patient per a dentist. Practical Implication: To improve dental university hospitals' profitability, hospitals specifically analysis and manage their cost such as employment, material and management cost and seek effectiveness by managing the proper number of patient per a dentist.

Analyzing the Economic Effects of Past Mobile Network Sharing Deals for Future Network Deployment

  • Kim, Dongwook;Kim, Sungbum;Zo, Hangjung
    • ETRI Journal
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    • 제40권3호
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    • pp.355-365
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    • 2018
  • The increase in data traffic calls for investment in mobile networks; however, the saturating revenue of mobile broadband and increasing capital expenditure are discouraging mobile operators from investing in next-generation mobile networks. Mobile network sharing is a viable solution for operators and regulators to resolve this dilemma. This research uses a difference-in-differences analysis of 33 operators (including 11 control operators) to empirically evaluate the cost reduction effect of mobile network sharing. The results indicate a reduction in overall operating expenditure and short-term capital expenditure by national roaming. This finding implies that future technology and standards development should focus on flexible network operation and maintenance, energy efficiency, and maximizing economies of scale in radio access networks. Furthermore, mobile network sharing will become more viable and relevant in a 5G network deployment as spectrum bands are likely to increase the total cost of ownership of mobile networks and technical enablers will facilitate network sharing.

논관개용 관수로시스템의 최적설계 (An Optimal Design of Paddy Irrigation Water Distribution System)

  • 안태진;박정응
    • 물과 미래
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    • 제27권4호
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    • pp.161-171
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    • 1994
  • 관수로시스템 최적설계는 수리학적 및 시스템 운영제약조건 아래서 시스템의 전체비용을 최소비용으로 구하는 것이다. 본 연구에서는 논관개용 수지상배관 시스템설계에 관해 상술하였다. 이는 선형계획론을 이론적 배경으로 하여 관로의 비용과 에너지비용을 함께 고려함으로서 시스템 전체비용으로 구하는 것을 시도하였으며 논 관개용 관수로시스템 설계에 있어서 두 개의 수요양상과 가압펌프를 고려함으로서 전체 시스템의 최소비용을 구하였다.

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