• Journal of Environmental Policy
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• v.11 no.3
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• pp.67-96
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• 2012

The Ministry of Environment in Korea has been promoting the urban stream restoration project for paved streams in cities as the restored Cheonggyecheon. As an elementary study for suggesting policy implications for the project, cost and benefit criteria for an ex-post analysis on the Cheonggyecheon project is suggested in this study. The ex-ante analysis were reviewed critically by focusing on the cost and benefit criteria. Ex-post analysis plan in this study is developed considering the standard guideline of pre-feasibility, the theory of cost-benefit analysis, and the review results. The costs for compensating lands, amending conflicts, researching rivers, and maintaining water quantity were also included. For the benefits, this study proposes to estimate the benefits with the assessment on naturalness of stream. The results are expected to contribute to increase the efficiency of the urban stream restoration project and evaluate the project to match better with the meaning of the river restoration.

• Journal of Navigation and Port Research
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• v.45 no.5
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• pp.238-251
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• 2021

It is understood that carriers evaluate several features of ports when fixing the T/S port. Those features can be enumerated as Geographic condition of port, Service network with overseas ports, Level of port productivity, Port infrastructure, Port services level, Port Authority's Policy direction mand Cost competitiveness. The objectives of this study are to: 1) determine if those factors could affect the T/S competitiveness of the port; and 2) to evaluate how Busan port conforms to those determinants factors in such extent. According to results of the analysis after surveying National global carrier, Intra-Asia carriers, Global overseas carriers, Terminal operators, and Busan Port Authority known to be highly influential samples, all factors were proven to be factors affecting the T/S competitiveness of the port. Meanwhile, in the analysis through AHP (Analytic Hierarchy Process) methodology about the order of weight among those factors, Cost competitiveness was answered as the most important factor. On the other hand, in the analysis to find the situation if Busan port conforms to those factors, Busan port was proven to satisfy those conditions to a moderate extent. In the analysis about the order of strength among those factors, Busan port was answered to have the highest strength in the geographic condition. However, it showed the bottom level of strength in the Cost competitiveness which was answered as the most important factor among samples for determining the T/S competitiveness of the port. This indicates that Government and Port Authority of Busan have to concentrate policy capabilities on the improvement of cost competitiveness of Busan port to enhance the T/S competitiveness. In this paper, four policy recommendations are given : Integration of Busan port operation into New port, Combining multiple operators into one or a few, Attracting Global mega carriers as the New port terminal operators, and Continuous Infrastructure expansion.

• 한국신재생에너지학회:학술대회논문집
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• 2011.11a
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• pp.149.2-149.2
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• 2011

This paper conducted an analysis of economic effects of offshore wind power in Korea with benefit/cost analysis. The existing feed-on tariff, which was too low to support wind power development, was recently replaced with a Renewable Portfolio Standard(RPS), effective from 2012. According to the new regulatory policy, The Korean government has announced a strategy to draw investments worth for offshore wind farms with a total capacity of 2.5 GW over the next eight years, which is expected the change of cost and benefit. After overview the offshore wind power development status, The effects on cost can be divided by economic, environmental and social factors. Each factor will be calculated and combined by both evaluating index and using Quantification methods. At the end, the implication for the evaluation of feasibility of offshore wind power of Korea will be done.

• IE interfaces
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• v.14 no.1
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• pp.30-38
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• 2001

Logistics network management has become one of the most important sources of competitive advantage regarding logistics cost and customer service in numerous business segments. Logistics network simulation is a powerful analysis method for designing and planning the logistics network optimally in an integrated way. This paper introduces a logistics network simulator, LONSIM, developed by author. LONSIM deploys a mix of simulation and optimization functions to model and analysis logistics network issues such as facility location, inventory policy, manufacturing policy, transportation mode, warehouse assignment, supplier assignment, order processing priority rule, and vehicle routes. LONSIM is built with AweSim 2.1 and Visual Basic 6.0, and executed in windows environment.

• Asian Journal of Innovation and Policy
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• v.5 no.2
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• pp.197-207
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• 2016

This paper seeks to measure the monetary value of technical development in the deep seabed manganese nodule mining by applying the compound option model (COM). The COM is appropriate for the project in terms of its decision-making structure and embedded uncertainty. The estimation results show that the deep seabed mining project has more economic potential than shown by the previously obtained results from the discounted cash flow (DCF) analysis. In addition, it is reasonable to invest in the project taking the various uncertainty factors into consideration, because the ratio of the value to the cost of the project is far higher than one. This information can be utilized in national ocean policy decision-making.

• Journal of the Korean Society of Propulsion Engineers
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• v.24 no.2
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• pp.35-42
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• 2020

Recently the reusable launch vehicle is being a major trend in the worldwide space market, because a few commercial companies, especially SpaceX, are trying to cut down the launch price through developing and succeeding the reusable launch vehicles. However, there is still a big controversy about whether in view point of the launch cost which is more favorable between expendable and reusable. Therefore, a study and close examination is required for the launch cost in the early development phase of the reusable launch vehicle. In this study the sensitivity analysis is performed with respect to the major cost parameters which have great effects on the launch cost and price. The standard vehicle of this sensitivity analysis is the expendable vehicle having a payload 20 tons. The cost estimation relationships used in this calculation are referred from the commonly proven cost models such as TRANSCOST. The major cost parameters chosen in this study are as follows: development cost, production cost, refurbishment cost, and maximum reusable number.

• The Journal of Fisheries Business Administration
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• v.32 no.2
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• pp.127-148
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• 2001

Korean distant water trawl fisheries were sector of most important distant water fisheries with tuna long liner fisheries during the development age in Korea. Nevertheless Korean distant water trawl fisheries have suffered from catches and Income problem. It was caused to the strengthen regulation of costal countries, the rapid liberalization trend of trade on the fishing products and the shortage of cheap manpower, etc. In this situation, Korean government is inclined to convert big adjacent trawl fisheries of distant water trawl fisheries for structure adjustment In domestic fisheries. that is analyzed to incorrect method because the efficiency of management indicator in adjacent trawl fisheries was bad than distant water trawl fisheries. Then this policy of Korean government needs to convert anything else. Also it was compared with one of Japan to the efficiency of management indicator of Korean distant trawl fisheries. The result of analysis, Korea was better than Japan in some factor, especially labor cost Then if Korean government will put weighted policy on this viewpoint, Korean distant water trawl can more grow.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.29 no.1
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• pp.34-40
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• 2006

Many producers put sampling inspection policy into the way of their convenience. Examples of the convenience are irregular lot size and too small sample size. Because they don't use a standard sampling inspection policy, they can not guarantee the quality level of their products. In this study, we developed a user-centered design program which can calculate the AOQL of their products to their buyers in the case of irregular lot size and too small sample size. Also this program propose a linear inspection cost by Hald's model.

• Journal of Korean Society of Rural Planning
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• v.10 no.1 s.22
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• pp.1-7
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• 2004

There are recently many studies on evaluating the economic value of multi-functionality of rural areas. However, the regional difference of economic value leads a problem of different evaluation on its economic value for each region in its application to government policy. This problem causes an increase in cost because it creates restriction in policy decisions which put their importance on the time of their execution. This study investigates the propriety of value transfer using Meta Analysis after evaluating the social and cultural value of rural areas among their functions based on CVM model. It finds that the regional difference in the willingness to pay is 0.13% to 31.42%.

• Journal of the Korean Society of Industry Convergence
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• v.23 no.6_2
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• pp.957-969
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• 2020

The primary objective of this study is to develop a determination system for an optimal combination of earthwork equipment that improves the traditional way in convenience, prediction accuracy, and productivity. For this, the following research works are conducted sequentially; 1)literature review, 2)technology development trend analysis, 3)develop a determination system for the optimal combination of earthwork equipment, 4)simulation of a developed system. As a result, core considerations are deducted for the development of a determination system. Furthermore, site simulation is performed using a developed system. Site simulation result, Cluster 1(R1200LC 7㎥, CAT 775G 65ton×2) was selected from 6 clusters because of its production cost (￦491/㎥). It is expected that the application range and impact on the construction industry will be enormous due to the availability of the developed system.