• Title/Summary/Keyword: economic efficiency analysis

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A Study on the Optimal Installation of Ducted Fan Ventilation System in Long Mine Airways - Focused on the Wall Separation Distance and the Gap Length between Ducts (장대 광산갱도내 풍관 접속 통기선풍기 최적 설치 방안연구 - 벽면과 풍관간의 이격거리 중심으로)

  • Lee, Chang Woo;Nguyen, Van Duc
    • Tunnel and Underground Space
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    • v.27 no.1
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    • pp.12-25
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    • 2017
  • In local underground mines heavily depending on the natural ventilation, ducted fan auxiliary ventilation system is strongly recommended instead of the total mine ventilation system requiring large capital and operating costs. Optimizing the installation of ducted fans in series in long large-opening mines is required to assure the economy and efficiency of the ventilation system. The two most critical design parameters for optimization are the wall separation distance and gap length between adjoining ducts. This study aims at deriving the optimal values for those two parameters concerning the economic and environmental aspects through the extensive CFD analysis, which minimizes pressure loss, leakage and entrainment of the contaminated air in the gap space. The ranges of the wall separation distance and gap length for study are selected by taking into consideration the existing recommendations and guidelines. The ultimate goal is to optimize the auxiliary ventilation system using ducted fans in series to provide a reliable and efficient solution to maintain clean and safe workplace environment in local long underground mines.

The Case Study on the Success Factors of Korean Car Sharing Business (한국 차량공유사업의 성공요인 사례분석)

  • Kim, Jiye;Han, Ingoo
    • Knowledge Management Research
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    • v.21 no.3
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    • pp.1-25
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    • 2020
  • This study analyzed key success factors of Korean car-sharing enterprises, Socar and Greencar, and the responsive strategies of Korean car-manufacturing company, Hyundai Motor Group, in the face of emerging sharing economy under the specific economic and regulatory system in Korea. The outcomes of the analysis are as follows. 'Timely market entry' in early startup phase and 'use of external resources' in early growth phase were key success factors common to both Socar and Greencar. However, the differences in the eventual business directions of the two companies also resulted in different key success factors in the expansion phase of their business. For Socar which focused on maintaining its independence and the external growth of B2C business, customer relation marketing and sufficient capital raising were key success factors. For Greencar which became a part of a business group and focused on improving the efficiency of business operations, timely market entry (B2B market) was key success factor. The use of external resources and cooperation with large corporations emerged as key success factors common to both companies in the rapid growth phase. The responsive strategies of the Hyundai Motor Group were collaboration, investment and direct management of DeliveryCar. The short-term goal of the responsive strategy was the operation of test-bed in collaboration with car-sharing company while the mid/long term goal was planning new mobility services by utilizing collected data. Securing opportunities for early market dominance for autonomous car industry was also found to be an important goal.

An Analysis on Situation and Causes of Strategic Alliance Major Container Liner Company in the World (세계 주요 컨테이너 해운기업의 전략적 제휴의 현황과 그 생성원인에 관한 연구)

  • Lee, Tae-Woo;Kim, Kwang-Hee;Lee, Kwang-Hee
    • Journal of the Korean Institute of Navigation
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    • v.21 no.3
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    • pp.1-18
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    • 1997
  • From the beginning of 1990s , also in the shipping industry, especially liner shipping industry competition has been more intensive and difference of the service quality among shipping companies has been learned . On the other hand, a shipping company has some limitations to do its international mission for itself just by broadening service area. For this reason, the necessity for the global strategi alliance among the shipping companies, which is orginally aimed at sharing of facilities and organixation, has been developed. Through strategic alliance, liner shipping companies do not need to input the additional capitals to increase the material assets such as vessel capacity and spread the risk by the enlargement of the market. Also, they can secure the competitive edge through efficient utilizaton of assets. The purpose of strategic alliance of Hanjin Shipping Ltd., can be summarized as follows ; broadening of service area, cost reduction through vessel sharing, realization of rationalized shipping service by terminal and equipment or facilities sharing. Liner strategic alliances are agreement among liner companies to pol their equipment , andterminals for joint operations and services in which each alliance partner continues to serve its market using jointly operated or used inland feeders,inland terminals, port terminals, and mainline fleets of ship as well as joint pools of containers and equipment. Strategic alliances are generally more formal agreements than consortia and impose longer term and far reaching obligation on their members. It also acts as one in developing and advancing the strategic aims of the alliance members. The most important objective for liner strategic alliances is cost reduction and improvement in capital asset utilization. Main aims of strategic alliance drawn in this paper, can be enumerated follows : 1. improvements in service frequency and quality : 2. improvements in vessel and equipment utilization and thereby reductions in fixed and variable cost ; 3. improvements in market shares and high value cargo booking ; 4. reductions in intermodal storage and port terminal throughput costs ; 5. improvements in negotiating powers with ports and feeder transport providers ; 6. reduction in financial and other fixed costs such as insurance; 7. coordination and integration of MIS and EDI systems and service for greater efficiency and market penetration ; and, 8. improvements in logistic chain management and economic of scale by equipment depot, terminal, and vessel sharing.

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Applicability as a Dancheong Pigment Raw Materials of Korean Low Grade Kaolin (국내산 저품위 고령토자원의 단청안료 원료로써의 활용 가능성)

  • Moon, Dong Hyeok;Han, Min Su;Cho, Hyen Goo;Kim, Myoung Nam;Kim, Jae Hwan
    • Journal of the Mineralogical Society of Korea
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    • v.29 no.4
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    • pp.179-190
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    • 2016
  • X-ray diffraction analysis, chromaticity measurement, execution and evaluation by Dancheong artisan, accelerated weathering test, and fire resistance test were conducted to test the applicability as a Dancheong pigment raw materials of Korean low grade kaolin in cultural properties. The ores that feldspar rich and composed of fine particles (< $38.1{\mu}m$) showing advantageous for the inherent purpose of the white pigment than that of high grade kaolin. And the test of whiteness, concealment force, outdoor exposure durability and fire resistance shows similar or better result than existing products (Hobun and Sanhwa jidang). In conclusion, it is expected that the use of fine feldspar rich white soil and low-grade kaolin can be used as a white pigment raw materials which have similar to better material properties and economic efficiency than existing products.

Related Party Transactions and Corporate Value: Test of the Efficient Transaction and Conflict of Interests Hypothesis (특수관계자간 거래와 기업가치: 효율적 거래가설과 이해상충가설 검증)

  • Lee, Sang-Gyu;Kim, Byoung-Gon;Kim, Dong-Wook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.9
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    • pp.446-453
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    • 2018
  • This study analyzed the effect of related party transactions on the corporate value of Korean firms using panel data regression analysis. We tested the efficient transaction hypothesis and conflict of interests hypothesis which concern related party transactions. Five types of related party transactions were considered, including long term supply contracts, assets and business transfers, affiliate loans, equity investment, and credit offerings. If related party transactions were conducted for the purpose of enhancing corporate efficiency, results would have a positive effect on firm value. If related party transactions were conducted for the purpose of private profits of the controlling shareholders, the results would show a negative effect on firm value. Results were as follows. Firstly, it is confirmed that affiliate loans, equity investment, and credit offerings had negative effects on firm value. This implies that these types of related party transactions used by controlling shareholders for the purpose of their private profit, which supports the conflict of interests hypothesis. Secondly, it was found that long term supply contracts and assets and business transfers had no effect on firm value.

Bond Characteristics at the Interface between HMA Surface and RCC Base (아스팔트 표층과 RCC 기층 계면에서의 부착특성 연구)

  • Hong, Ki;Kim, Young Kyu;Bae, Abraham;Lee, Seung Woo
    • International Journal of Highway Engineering
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    • v.19 no.6
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    • pp.37-46
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    • 2017
  • PURPOSES : A composite pavement utilizes both an asphalt surface and a concrete base. Typically, a concrete base layer provides structural capacity, while an asphalt surface layer provides smoothness and riding quality. This pavement type can be used in conjunction with rollercompacted concrete (RCC) pavement as a base layer due to its fast construction, economic efficiency, and structural performance. However, the service life and functionality of composite pavement may be reduced due to interfacial bond failure. Therefore, adequate interfacial bonding between the asphalt surface and the concrete base is essential to achieving monolithic behavior. The purpose of this study is to investigate the bond characteristics at the interface between asphalt (HMA; hot-mixed asphalt) and the RCC base. METHODS : This study was performed to determine the optimal type and application rate of tack coat material for RCC-base composite pavement. In addition, the core size effect, temperature condition, and bonding failure shape were analyzed to investigate the bonding characteristics at the interface between the RCC base and HMA surface. To evaluate the bond strength, a pull-off test was performed using different diameters of specimens such as 50 mm and 100 mm. Tack coat materials such as RSC-4 and BD-Coat were applied in amounts of 0.3, 0.5, 0.7, 0.9, and $1.1l/m^2$ to determine the optimal application rate. In order to evaluate the bond strength characteristics with temperature changes, a pull-off test was carried out at -15, 0, 20, and $40^{\circ}C$. In addition, the bond failure shapes were analyzed using an image analysis program after the pull-off tests were completed. RESULTS : The test results indicated that the optimal application rate of RSC-4 and BD-Coat were $0.8l/m^2$, $0.9l/m^2$, respectively. The core size effect was determined to be negligible because the bond strengths were similar in specimens with diameters of 50 mm and 100 mm. The bond strengths of RSC-4 and BD-Coat were found to decrease significantly when the temperature increased. As a result of the bonding failure shape in low-temperature conditions such as -15, 0, and $20^{\circ}C$, it was found that most of the debonding occurred at the interface between the tack coat and RCC surface. On the other hand, the interface between the HMA and tack coat was weaker than that between the tack coat and RCC at a high temperature of $40^{\circ}C$. CONCLUSIONS : This study suggested an optimal application rate of tack coat materials to apply to RCC-base composite pavement. The bond strengths at high temperatures were significantly lower than the required bond (tensile) strength of 0.4 MPa. It was known that the temperature was a critical factor affecting the bond strength at the interface of the RCC-base composite pavement.

A Study on the Applications of Airspace Design Criterions Affecting on the Flight Safety (비행안전에 영향을 미치는 공역설계기준의 적용에 관한 연구)

  • 양한모;유광의
    • Journal of Korean Society of Transportation
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    • v.21 no.1
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    • pp.7-19
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    • 2003
  • The airspace has to be designed considering the flight safety and economic efficiency of aircraft operators. The International Civil Aviation Organization(ICAO) published standards and recommended practices for safe design of the airspace. Each contracting country must follow the ICAO standards in designing the airspace for the utilization of civil aviation. Normally each member establishes its own standards and national aviation law for the safe and efficient design of the airspace, regarding the ICAO standards. However, our government has not developed yet clear and detailed standards and regulation system for airspace design. This might lead to aviation accidents and disputes between operators of aviation system This study is to review the characteristics of ICAO standards and a legal problem related to application of international standards for airspace design. Specifically this research analyzed the case of airspace design and operation of a domestic airport. The results of analysis are as follow: (1) per the safety of civil aviation, it is very required to establish national regulation system to follow ICAO standards in designing airspace, (2) It is also necessary to establish separate procedure for civil aircraft in military air base, when the aerodrome is co-used by military and civil aircraft. If the same procedure for military aircraft is applied to civil aircraft, it is necessary to make clear what the design concept is, (3) and the differences from ICAO standards have to be publicly known.

Development and Cost-effective Evaluation of Grass Blocks Minimizing Construction Waste (건설폐기물을 최소화한 비용 효율적 잔디 블록 기법 개발 및 평가)

  • Jeon, Minsu;Hong, Jungsun;Jeon, Jechan;Kim, Lee-Hyung
    • Journal of Wetlands Research
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    • v.19 no.3
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    • pp.359-365
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    • 2017
  • Impermeable surfaces such as transportation land uses including roads and parking lots accumulate high heavy metals and particulate matters concentration especially during dry season which worsens the river water quality and distort the water circulation system during rainfall events. Recently, the government has been promoting policies to install Low Impact Development (LID) facilities such as permeable pavements or grass blocks in parking lots or pavements. However, transition of asphalt-paved surfaces to permeable pavement generated asphalt wastes which are detrimental to the environment and has cost implications due to its removal and disposal. Therefore this study was conducted to provide a method of constructing a cost-effective permeable pavement to reduce waste generation and cost. In this study, comparative analysis of the water circulation capacity and economic efficiency of the traditional construction method and new method proposed in this study through the lab-scale experiment. The proposed method was to make holes in existing asphalt pavements, layout geotextile fabric and permeable base media such as sand before compaction. After compaction, layout grass blocks on the compacted base media then layout sand in between each grass blocks before compaction. Apparently, there was no significant difference between the traditional installation method of permeable pavement and the proposed method in this study considering surface runoff, infiltrated volume, stored volume, and rainfall-runoff delay time. The proposed method in this study generated 86% less wastes compared to the traditional installation method and has 70% cost reduction considering asphalt removal and disposal. The construction method proposed in this study yielded similar performance compared to the traditional installation method and water circulation effect, but was proven to be less complicated and economical.

A Study on the Selection of New Town Area Using GIS -in Mongolia - (GIS를 이용한 신도시개발 가능지역 선정 연구 -몽골지역을 대상으로-)

  • Choi, Byoung-Gil;Na, Young-Woo
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.28 no.2
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    • pp.273-280
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    • 2010
  • This study aims to research into a plan for the spatial design on the major facilities in new-town region in Mongolia by using the spatial analytical technique in GIS. In case of Mongolian region, the demand for new-town development is rapidly increasing around Ulaanbaatar, where is the capital. On the other hand, the adequately relevant ground or the spatial-design technique is failing to be applied. This study extracted the region available for developing new down by using spatial analytical technique in GIS, and researched into the spatial-design plan for housing complex, filtration plant, sewage disposal plant, power plant, general park, crematory. The housing complex in the targeted region could be known to be adequate to be positioned around watercourse and road. It could be known to be adequate for filtration plant, which is the source of drinking water, to be located in the upper-stream region of a river, which is secured good quality of water, and for sewage disposal plant to be located in the lower-stream region available for minimizing occurrence of contamination. It is judged to be required for a proposed site of power plant to be located in the upper-stream region, for the park unit, which is space of the living culture, to be repaired and expanded the existing facilities, and for traffic network to be expanded through predicting demand along with new-town development. It is judged to be probably needed to be reflected even the flexible aspect for changing design through surveying the feasibility and economic efficiency on the future spatial design.

The Health and Welfare Service Delivery System and It's Effectiveness: Operation of An Interdisciplinary Team Approach for Model Development (보건복지서비스 전달체계의 효율적 운영방안에 관한 연구 I: 모델 개발을 위한 사례관리 적용)

  • Kim, Jung-Woo;Woo, Ju-Yul;Um, Myung-Yong
    • Korean Journal of Social Welfare
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    • v.35
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    • pp.107-131
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    • 1998
  • This study tried to formulate and operate an interdisciplinary case management team in Eun-Pyung Gu, Seoul. This was a part of an effort to promote efficiency of service delivery system for low-income elderly or the handicapped by linking. coordinating. and integrating various health and human services providers. In-depth qualitative analysis described the process of which the interdisciplinary case management team was formed, along with the process of the team operation. The interdisciplinary team consisted of home helpers, visiting nurses, and social workers from Health Center and Social Welfare Centers. Issues dealt with by the team include: 1) information exchange of clients' social, economic, and medical situations; 2) identification of types of service provision to clients; 3) clients' needs assessment and its prioritization; 4) assignment of a leading case manager for each case; 5) identification of problems and issues regarding integration of service delivery system The team approach to case management contributed to the systematic delivery of services to the elderly and the handicapped by avoiding service duplication and fragmentation. This study argued that public agency played a key role in constituting and operating the interdisciplinary case management team Suggestions for further studies were presented.

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