• Title/Summary/Keyword: economic construction

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Economic Feasibility Analysis of Constructing a New Public Library (공공도서관 건립의 경제적 타당성 분석 -대구광역시 북구 공공도서관 건립 타당성 분석의 사례를 중심으로-)

  • 윤대식;오동근;구경남;김상황
    • Journal of Korean Library and Information Science Society
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    • v.34 no.1
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    • pp.313-330
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    • 2003
  • This study intends to analyze the economic feasibility of the construction of a new public library based on the case of a plan in Buk-ku, Daegu Metropolitan City. It includes cost-benefit analysis and sensitivity analysis. The results show that the construction of a new public library in this area would be feasible from the economic point of view.

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Economic Analysis of Plant Utilities Under Environment Factor (환경요소를 고려한 발전설비의 경제성 평가)

  • 정석재;김경섭;박진원
    • Journal of the Korea Society for Simulation
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    • v.13 no.2
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    • pp.35-43
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    • 2004
  • The purpose of this study is an economic analysis of power plant utilities by comparing electricity generating cost including environmental costs. Considering the enormous role of electricity in the national economy, it is very important to study the effect of environmental regulation on the electricity sector. Because power utilities need for large investment during construction, operation and maintenance, and also require much construction lead time. Economic analysis is the important process in the electric system expansion planning. This paper compares the costs of electricity generation including environmental costs between a coal-fired power plant and an LNG combined cycle power plants. With the simulation, this study surveys the sensitivity of fuel prices, interest rate and carbon tax. In each case, this sensitivity can help to decide which utility is economically better in environmental regulation circumstance.

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effects of the Iron Silk Road construction on Northeast sia's economy (국제철도(철의실크로드)운송이 동북아 경제역교에 미치는 영향과 효과에 관한 연구)

  • Park Heong-Soon
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.494-499
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    • 2005
  • Transportation routes by land like a human being blood vessel should exist for economic and trade exchange in Northeast Asia. Thinking from this point of view. I believe that TSR(Trans Siberian Railroad) and TCR(Trans Chinese Railroad). which will be connected with I would like to talk about .not only the effects of various international railroads and their connections but also economic activation TKR(Trans Korean Railroad). can play important roles. In this study, and effects in Northeast Asia which will be resulted from various international railroads construction. I tried to figure out comparative superiority and comparative advantage of the trade structure and industries in South and North Korea to find out the possibility of economic unification in East Asia. especial1y in Northeast Asia. This study also includes the effort to find out how trade exchange between South and North Korea can be expanded as a result of being a member of East Asia economic zone.

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A Case Study of Electricity Usage Monitoring for Deterioration and Economic Analysis of Main Equipment in University Laboratory

  • Park, Jun-Young;Lee, Chun-Kyong;Park, Tae-Keun
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.706-707
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    • 2015
  • Our country is aiming at 30% reductions in building energy consumption accounting for 39% of the total energy consumption by 2020[1]. For this purpose, the government is developing and applying the Building Energy Management System (hereinafter, referred to as "BEMS", Smart plug, etc.) while the researches on new renewable energy development. BEMS, which is applied with focus on large buildings, is inducing energy management of the entire building through energy measurement and data management, but considering its economic efficiency, it's very difficult to apply BEMS to small & medium-size buildings. Hereupon, this study intends to implement the case analysis of deterioration and economic efficiency of major equipment in buildings on the basis of electricity consumption which has been measured targeting small & medium-size buildings for a certain period by taking into account that equipment deterioration is a contributor to the increase in energy consumption.

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A Correlation Analysis between the Change of Managerial Environment and the Business Performance of Domestic Construction Firms (국내 건설환경 변화와 기업경영성과의 상관관계 분석)

  • Lee, Dong-Hoon;Kim, Sun-Kuk;Shin, Dong-Hwa
    • Journal of the Korea Institute of Building Construction
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    • v.9 no.1
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    • pp.111-121
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    • 2009
  • Because of its unique characteristics, the construction industry tends to be affected by economic environment more than any other industries. The domestic construction industry was forced to change its management pattern and system when it went through the foreign currency crisis, and since then, the construction industry has been growing in terms of quality over last 10 years, breaking from the quantitative performance-oriented growth in the past. The study was intended to integrate the financial data of the companies during the period before and after the foreign currency crisis so as to analyze the effect of environmental changes on management performance of the companies. It was aimed at evaluating the changes to the stability, profitability and the growth potential, and collecting the data on variation of the market scale, price of resources such as material and labor and the financial environment, thereby analyzing the correlation with the management performance. The study, to deal with the difficulties which are anticipated, like the foreign currency crisis experienced in the past, was also intended to identify the correlation between the economic conditions and the performance of the construction companies, using the experimental data in the past.

Study on the Application of Modular Technologies to Han-ok (한옥의 모듈러 공법 적용에 관한 연구)

  • Lee, Chang-Jae;Lim, Seok-Ho
    • Journal of the Korean housing association
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    • v.23 no.4
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    • pp.49-57
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    • 2012
  • This study was conducted to apply the modular construction method to Han-ok. The modular method, which is differentiated from the existing one, means a construction method that equipments, windows and interior materials are prefabricated as a six-sided object at a plant and then they are assembled at the least process on the spot. As for the theoretical observation, the theoretical basis to apply the modular method to the modular housing and Hanok was divided into environmental and economic aspect. In order to apply the modular method to Hanok, the unit scale and size were selected and the plane of unit module Hanok was developed. And a standard with regard to the unit combination and material lifting transportation method was set and planned. In addition, through the comparison the unit modular Hanok to the existing Hanok, the difference was analyzed and the strength was identified in terms fo design method, structure, construction method, period and cost. In final, the conclusion, with regard to the economic, technical application in future, was drawn through arranging the study contents. The unit modular Hanok to carry out the high-quality dwelling through construction period reduction, standardized construction materials and improved insulation performance can meet the demands for a paradigm of new construction technology.

Evaluation of 2+1 Roads Application to Improve Rural Two-lane Highway in Korea (국내 2+1차로 도로 도입에 따른 교통운영 및 경제적 비용 측면의 기대효과 분석)

  • Chae, Chan Dle;Lee, Dong Min;Cho, Han Seon
    • International Journal of Highway Engineering
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    • v.15 no.3
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    • pp.85-92
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    • 2013
  • PURPOSES: The purpose of this paper is to estimate expected effects on traffic operational and economic aspects of 2+1 roads application in Korea. METHODS : Micro simulation study using VISSIM 5.0 was used to analyze the operation efficiency of 2+1 roads compared to two-lane highways and four-lane highways. Some scenarios for various traffic volumes were set up in order to analyze the effect of 2+1 roads under various traffic situations. Also imaginary road networks were set up for each type of roads. The MOEs to measure the operation efficiency were selected with average travel speed and delay. For analyzing economic effect of 2+1 roads, construction cost of a specific imaginary 2+1 road was compared to construction cost of a four-lane highway with same conditions. RESULTS: The results of study show that a 2+1 road is more effective with 19 percents higher average travel speed and 39 percents lower average delay than a two-lane highway. In the economic analysis, construction costs to construct a 2+1 road are saved as approximately 26.4~40.7 percents when compared to construction of four-lane highway. CONCLUSIONS: It can be concluded that 2+1 roads can improve the traffic operational level of service for two-lane highways and 2+1 roads can be applied as an effective design alternative for higher-volume two-lane highways in Korea.

A Study on Economic Evaluation Method of Coupler Splice for High Strength(SD500) Reinforcement (SD500 고강도 철근용 커플러이음의 경제성 평가에 관한 연구)

  • Kim, Jae-Yeob;Kim, Gwang-Hee
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.2
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    • pp.136-145
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    • 2007
  • This study analyzes the current usage of SD500 high-strength re-bar in domestic construction sites. Also, an evaluation method was developed to measure economic efficiency of lap splice and coupler splice, which are most commonly used in connection SD500. The evaluation method was applied to construction sites in Seoul in December 2006, and the result revealed that coupler splice is relatively superior in terms of cost efficiency when the re-bar diameter is bigger and the concrete strength is lower.

The Life Expectancy Making Model for Construction Equipment (건설장비 수명결정 모델)

  • Lee, Yongsu;Kim, Cheol Min
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.32 no.5D
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    • pp.453-461
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    • 2012
  • Life analysis is conducted for economic analysis of equipment or facilities. The purpose of life analysis is to predict future indicators for scrapping construction equipment, and establish and utilize a wide variety of business strategies according to data predictions. First, this study shows the methods to figure out average life, life expectancy and life prediction of construction equipment and the analysis of life making methods, using survival curves. Second, the study proposes and examines the life expectancy making model depending on revenues and expenses. The result of the study reveals that the economic life of the same equipment varies with expenses, revenues and the initial cost. The life expectancy making model for construction equipment reflects respective management status for equipment and will help efficient management for companies.

BRIEF HISTORY OF KOREA'S OVERSEAS CONSTRUCTION: LESSONS AND FUTURE STRATEGY

  • Jong-Hoon Kim
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.862-868
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    • 2005
  • The history of Korea's overseas construction began in 1965, and the cumulative contract amount is about $180 billion over the last 40 years. During the period, Korea's overseas construction industry has played an important role for economic development. However, it seems that the industry is in a sea of trouble. Overseas construction orders have declined due to various reasons such as companies losing confidence, limited financing, lack of competitiveness, and so on. This paper addresses the brief history of Korea's overseas construction industry and the problems that the industry is facing. Then it suggests a few measures for the improvement of the industry.

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