• Title/Summary/Keyword: economic efficiency analysis

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Case study on construction and economic analysis of geothermal heat pump system (지열 시공 사례 및 동절기 경제성 분석)

  • Park, Chen-Kwan;Shin, Yang-Han;Woo, Ju-Sik;Jeong, Hyo-Min;Chung, Han-Shik
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.7 no.1
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    • pp.17-22
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    • 2011
  • Renewable energy is growing based on low-carbon green energy government policies. According to this policy, geothermal energy is highly efficient and environmental friendly energy which is being recently expanded. However, construction companies are generated disorderly but their ability has not been verified due to the poor geothermal facility which was reported in the media. In the this paper introduce on Busan region's largest geothermal facility, it was confirmed that thermal efficiency of the underground is close to heat exchanger performance. Therefore the study improving the efficiency of underground heat exchange found progressed. The results showed voids between borehole and ground heat exchanger should not be raised. And then geothermal facilities were installed very successfully through the principle grouting operation. As compared to the energy consumption on the basis of operating results energy usage was less than any other heat sources.

Evaluation Method for Value Analysis in the Remodelling of Apartment Building - Focused on Economical Efficiency and User Demand - (건축물의 리모델링 가치분석을 위한 평가방법 - 경제성 평가와 사용자 요구분석을 중심으로 -)

  • 정동환;소광호;김천학;김의식;양극영
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.103-109
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    • 2002
  • This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data bate should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

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An Evaluation of Effects on Hypertension and Diabetes Mellitus Management of a Community-Based Nursing Care Center Using Cost-Benefit Analysis (비용편익분석을 이용한 일 재가노인간호센터의 고혈압 및 당뇨관리 효과평가)

  • Lim, Ji-Young;Im, Jung-Nam;Kim, In-A;Ko, Su-Kyoung
    • Journal of Korean Academy of Nursing Administration
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    • v.16 no.3
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    • pp.295-305
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    • 2010
  • Purpose: This study was conducted to evaluate the economic efficiency of a community-based nursing care center to help policy makers determine whether or not to invest in similar facilities. Methods: The subjects were 101 elderly people over 65 years who participated in a health management program from February 1 to July 31, 2007. Direct cost was estimated with center operations cost, medical cost for out-patients and pharmacy cost. Indirect cost was measured by transportation cost. Direct benefit was calculated by saved medical cost for out-patients, saved pharmacy cost, saved transportation cost, and reducing hospital charges. Indirect benefit was estimated with prevention of severe complications. Economic efficiency was evaluated by cost-benefit ratio and net benefit. Results: Operating a community-based nursing care center was found to be cost-effective. Specifically, the cost of operating the center evaluated here was estimated at 135 million won while the benefit was estimated at 187 million won. Benefit-cost ratio was 1.38. Conclusion: The Community-based nursing care center that was described here could be a useful health care delivery system for reducing medical expenditures.

The Effect of Perceived Website Quality of Fashion Shopping on Customer Satisfaction and Repurchase Intentions for Korean and Chinese College Students (한.중 대학생들의 의류쇼핑 웹사이트 품질지각에 따른 고객만족과 재구매의도)

  • Park, Hye-Sun;Lee, Yeon;Kim, Hyun-Sook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.34 no.2
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    • pp.212-225
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    • 2010
  • This study investigates the dimensionality of perceived web site quality for fashion e-retailers to compare the differences in perceived web site quality between Korean and Chinese college students in the identification of the decisive web site quality dimensions for customer satisfaction and repurchase intentions. Data were collected from 300 Korean and 300 Chinese online apparel shoppers. The survey was statistically analyzed by factor analysis, T-test, and regression analysis. The perceived service quality dimensions were identified as product quality, economic efficiency, information quality, site design, and trust. The Chinese college students had significantly higher evaluations than Korean college students on information quality and trust. For Korean college students, product quality, economic efficiency, and trust were the most decisive predictors of customer satisfaction and they have indirect effects on repurchase intentions. For Chinese college students, product quality and information quality were identified as the most decisive predictors of customer satisfaction and they have indirect effects on repurchase intentions. Strategic directions for e-commerce business targeting Korean or Chinese college students are suggested in the conclusion.

Analysis on Productivity of Logistics Providers - Focusing on the Warehouses Industry - (글로벌 물류기업의 경영 생산성 분석 -물류창고를 중심으로-)

  • Ohh, Won-Gewn
    • Journal of Korea Port Economic Association
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    • v.28 no.2
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    • pp.113-128
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    • 2012
  • By strengthening the market control and expanding the networks, providers of global logistics are expanding their service scope. Warehouses connects networks to between internal and external warehouses worldwide by using employees. The paper focuses on analyzing the efficiency of the top forty Global Logistics Providers. Therefore, the study classifies the factors which specify the efficiency of a total logistics industry and verified its firmness. Furthermore, the most recent published reports by Logistics Quarterly and Armstrong Association in 2012 was used in order to guarantee credibility of the study. For scope period for analysis, this study utilizes three years of materials, from 2007 to 2010. By applying the DEA Window model and Malmquist, the trend in efficiency and stableness was analyzed. Consequently, the main purpose of the paper is evaluating the efficiency. Also, analyzing its determinants and illustrating a long-term relationship between the annual turnover and the number of Industry Focus/Key Customers was used as output measures. In addition, the number of warehouses worldwide and employees worldwide, of Logistics Providers were used as input measures.

The Efficiency of the Large Logistics Providers Using the SBM Model and the Panel Cointegrating Vectors (여분기반분석모형과 패널공적분벡터를 이용한 대형물류기업의 효율성)

  • Mo, Soo-Won;Park, Hong-Gyun
    • Journal of Korea Port Economic Association
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    • v.27 no.3
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    • pp.135-146
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    • 2011
  • A voluminous research on efficiency employs the DEA(Data Envelope Analysis) models. There are, however, only very few that have an interest in the factors influencing such efficiencies. We, furthermore, do not see any studies which analyze the long-term efficiency of the logistics providers using the panel cointegration techniques. The purpose of this paper, hence, is to evaluate the efficiency, analyse its determinants and show a long-term relationship between turnover and the other variables employing the SBM(Slack Based Measure) model, Tobit model, the panel procedure and the FMOLS(Fully Modified OLS). The panel data are composed of 9 individuals and 6 years. The panel cointegrating vectors show that the group coefficient of asset and employees is not only significant but has expected signs, while some of the individual coefficients are insignificant or/and exhibit wrong signs. The panel cointegrating vectors from fully modified OLS also indicate that the estimated coefficients of the panel analysis tend to be overvalued and the asset influences the turnover far greater than the employee does.

The Estimation of Heating, Cooling Load and Economical Efficiency Analysis of Insulation Paint Coating Windows (단열 도료 코팅 창호의 냉난방부하 특성분석 및 경제성 평가)

  • Jeong, Yeol-Wha;Kim, Byoung-Soo
    • Journal of the Korean Solar Energy Society
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    • v.31 no.6
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    • pp.95-102
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    • 2011
  • The purpose of study is to estimate heating, cooling load performance and economic efficiency in office building with applied the functional paint. this paint can reduced SHGC(Solar Heat Gain Coefficient) on the glazing surface by coating. In this study, estimated to compared with double glazing, low-e glazing, IP(Insulation Paint) and IPu(Insulation UV-Cut Paint) coating glazing. As a result of this study, 1)heating & cooling load Analysis, SHGC value and U-factor of double glazing is about 0.70 and 3.29($W/m^2K$). low-E glazing is about 0.65 and 2.70($W/m^2K$). Two-side it is about 0.27 and 3.25($W/m^2K$). When compared to double glazing, annual heating & cooling load of low-E glazing, Two-side IPu and IP paint coating glazing is 3,012MWh($124kWh/m^2$), 2,910MWh($120kWh/m^2$), 2,867MWh($118.4kWh/m^2$) and 2,867MWh($118.4kWh/m^2$). It i sreduced to 2.0%, 5.2%, 6.7%, and 6.7% respectively. 2)the estimation of economic efficiency, low-e glazing installed in office building can not recover the investment within a lifetime 40years. but IPu and IP paint, two-side coating in glazing, have a payback period of 13 years respectively.

A Study on the Evaluation of the Efficiency in the Costs of the Remodeling (개보수 대상 건물의 비용 측면에서의 효율성 평가에 관한 연구 - 바닥 마감재를 중심으로 -)

  • Kim, Sang-Yong;Jung, Byung-Woo;Kang, Kyung-In
    • Journal of the Korea Institute of Building Construction
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    • v.3 no.4
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    • pp.129-134
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    • 2003
  • The purpose of this study is to evaluate efficiency by the Life Cycle Cost(LCC) analysis of floor covering materials for remodeling. This study has been performed as a case study. The LCC analysis is a technique which takes account into both initial-future costs and benefits of an investment over some period of time. LCC is important in commercial decision making because it provides improved assessment of the living-term cost effectiveness of construction projects as well as alternative economic methods that focus on initial costs. For LCC analysis and comparison, the present value technique is used. The results of this study are summarized as follows; (1) A LCC analysis model of floor covering materials is suggested through a case study (2) As a result of LCC case study, the type of sheet is analysed more economical than that of tile in floor covering materials.

A Study on the Economic Analysis of the Defense Acquisition Projects -Focued on ○○ Guided Missile- (국방획득사업 경제성 분석에 관한 연구 -○○유도무기사업 사례를 중심으로-)

  • Lim, Yong-Hwan
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.10
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    • pp.394-400
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    • 2018
  • Recently, it is expected to significantly increase the defense budget by acquiring large-scale weapons systems to enhance defensive capabilities. In order to secure funds needed to acquire such weapons systems, it is necessary to improve the efficiency of the defense budget. In addition, interest in economic factors affecting the domestic economy such as export opportunities and employment creation are increasing, as well as budget reduction of the defense acquisition business. In order to respond to these demands, this study conducted cost- benefit analysis and examined economic ripple effects in the implementation of defense procurement projects. However, research on economic analysis methodology considering characteristics of defense acquisition projects is still in its early stage. This study proposes a methodology to analyze the economic feasibility of defense acquisition projects and conducted a case study on the economic feasibility of the ${\bigcirc}{\bigcirc}$ guided missile project which is being prepared against local provocation. The proposed economic analysis method provides the cost-effectiveness analysis that has been performed in many weapon system acquisition projects in connection with the more general cost-benefit analysis method. This study contributes to the establishment of an improved theoretical methodology for weapon system acquisition projects.

On Nonparametric Estimation of Data Edges

  • Park, Byeong U.
    • Journal of the Korean Statistical Society
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    • v.30 no.2
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    • pp.265-280
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    • 2001
  • Estimation of the edge of a distribution has many important applications. It is related to classification, cluster analysis, neural network, and statistical image recovering. The problem also arises in measuring production efficiency in economic systems. Three most promising nonparametric estimators in the existing literature are introduced. Their statistical properties are provided, some of which are new. Themes of future study are also discussed.

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