• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.50
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• pp.313-322
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• 1999

EVA(Economic Value Added) is a management performance evaluation tool that determines whether a business is earning more than its true cost of capital. Leading corporations like Coca-Cola, AT&T and Briggs&Stratton have set up EVA measurement systems throughout their organizations. EVA reflects opportunity cost of equity ignored in calculating accounting profit and emphasizes the efficiency of capital employed by measuring how much the manufacturing and selling activities produce the economic profit in excess of cost of gross capital. In this paper, we define the concept of EVA and present an example to show the usefulness of EVA.

• International Area Studies Review
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• v.13 no.3
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• pp.729-757
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• 2009

This paper examines if China' each province.city manages its organization well after China's WTO affiliation; and on the ground, judges how much each province city needs to improve. China's each province city data from 2002 to 2006 is used to evaluate technical efficiency by using the input-oriented CCR model and the input-oriented BCC model. Analytical results show that only Shanghai gets continuously the highest efficiency score from 2002 to 2006 and so the other provinces cities need to benchmark Shanghai to elevate their efficiency. There can be regional, cultural and emotional differences among the provinces cities but Tibet, Shaanxi, Gansu, Qinghai, Ningxia and Xinjiang get low efficiency scores even after China's WTO affiliation. The Chinese government can make use of efficiency evaluation results by DEA as basic materials in making economic development schemes in order to reduce these deviations as various minority races constitutes China and there are regional deviations of degree of economic development in China.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2005.05a
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• pp.13-16
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• 2005

Generally, as corrosive protection processing of a steel structure, zinc galvanizing and heavy duty coating paint are applied. However, zinc galvanizing has the difficulty of restriction of a size, or on-site construction. Moreover, heavy duty coating paint has a problem with many administrative and maintenance expenses with short problem of adhesion, corrosion generating of a damage portion, and maintenance management cycle. In this study, a salt water spray test, CASS test, and the electrochemistry examination were carried out for the thermal metal spray method of construction for corrosive protection performance evaluation. Moreover, the corrosive protection life of a thermal metal spray method of construction was quantitatively calculated on the basis of this experiment. in consideration of LCC, the economical efficiency of a general corrosive protection method of construction and a thermal metal corrosive protection method of construction was compared. Consequently, although initial construction expense was estimated 16 to $30\%$ high, as for a thermal metal spray method of construction, it turns out that the administrative and maintenance expenses for 100 years became cheap 9.3 to 13 or more times.

• Journal of the Korean Society of Safety
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• v.22 no.1 s.79
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• pp.30-35
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• 2007

With the rapid industrialization and civilization development, noise has become a major problem in cities and is a very serious issue for the environment. Noise induced in a factory has a bad influenced on operation efficiency, accuracy and detail of work. The purpose of this paper is to develop a new noise evaluation software for predicting acoustic condition including noise properties during the design of a factory. Majority of commercial softwares for this purpose have been developed in foreign countries and they are quite expensive and hard to use. A new home-made software tool has been developed in the present work, which aimed at providing a more user-friendly environment. The tool developed in this work consists of four major part; the prediction and evaluation of noise in system design, database design, noise analysis development and 3D graphic modeling. The outcome of present work is expected to provide domestic users with a more user-friendly and economic acoustic design tool.

• Journal of Environmental Science International
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• v.22 no.4
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• pp.453-461
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• 2013

This study, changes in raw water quality is to indicate on the efficiency of ozone treatment of each pollutant as compared to derive the appropriate operating measures. The appropriate selection for injection rate of pre-ozone and did not inject pre-ozone assess changes in the water. When good water quality, you not injected of pre-ozone to evaluate the economic efficiency of electricity and put the most cost-effective ozone concentration were evaluated. Evaluation remove organic matter and chlorophyll-a concentration level in experiments with each factor of the water DOC> 2.5 mg/L, THMFP> 70 ${\mu}g/L$, Chl-a> 30 $mg/m^3$or less constant process, if you do not need to put pre-ozone showed little impact. It also does not put you in pre-ozone appropriate produce enough power rate savings was calculated as approximately 90 million won. Ability to remove organic materials and the ability to produce disinfection byproducts, and cost-effective decisions by considering the concentration of injection if pre-ozone 1 mg/L was investigated by the appropriate concentration of ozone injection.

• Journal of Environmental Policy
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• v.13 no.4
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• pp.3-49
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• 2014

Growing interest of stakeholders on corporate responsibilities for environment and tightening environmental regulations are highlighting the importance of environmental management more than ever. However, companies' awareness of the importance of environment is still falling behind, and related academic works have not shown consistent conclusions on the relationship between environmental performance and economic performance. One of the reasons is different ways of measuring these two performances. The evaluation scope of economic performance is relatively narrow and the performance can be measured by a unified unit such as price, while the scope of environmental performance is diverse and a wide range of units are used for measuring environmental performances instead of using a single unified unit. Therefore, the results of works can be different depending on the performance indicators selected. In order to resolve this problem, generalized and standardized performance indicators should be developed. In particular, the performance indicators should be able to cover the concepts of both environmental and economic performances because the recent idea of environmental management has expanded to encompass the concept of sustainability. Another reason is that most of the current researches tend to focus on the motive of environmental investments and environmental performance, and do not offer a guideline for an effective implementation strategy for environmental management. For example, a process improvement strategy or a market discrimination strategy can be deployed through comparing the environment competitiveness among the companies in the same or similar industries, so that a virtuous cyclical relationship between environmental and economic performances can be secured. A novel method for measuring eco-efficiency by utilizing Data Envelopment Analysis (DEA), which is able to combine multiple environmental and economic performances, is proposed in this report. Based on the eco-efficiencies, the environmental competitiveness is analyzed and the optimal combination of inputs and outputs are recommended for improving the eco-efficiencies of inefficient firms. Furthermore, the panel analysis is applied to the causal relationship between eco-efficiency and economic performance, and the pooled regression model is used to investigate the relationship between eco-efficiency and economic performance. The four-year eco-efficiencies between 2010 and 2013 of 23 companies are obtained from the DEA analysis; a comparison of efficiencies among 23 companies is carried out in terms of technical efficiency(TE), pure technical efficiency(PTE) and scale efficiency(SE), and then a set of recommendations for optimal combination of inputs and outputs are suggested for the inefficient companies. Furthermore, the experimental results with the panel analysis have demonstrated the causality from eco-efficiency to economic performance. The results of the pooled regression have shown that eco-efficiency positively affect financial perform ances(ROA and ROS) of the companies, as well as firm values(Tobin Q, stock price, and stock returns). This report proposes a novel approach for generating standardized performance indicators obtained from multiple environmental and economic performances, so that it is able to enhance the generality of relevant researches and provide a deep insight into the sustainability of environmental management. Furthermore, using efficiency indicators obtained from the DEA model, the cause of change in eco-efficiency can be investigated and an effective strategy for environmental management can be suggested. Finally, this report can be a motive for environmental management by providing empirical evidence that environmental investments can improve economic performance.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2017.05a
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• pp.140-141
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• 2017

This study is based on the evaluation of a single component injection type adhesive repair material and a new 2 component type used in leakage of underground concrete structures. The studies showed that based on different mix ratio of the 2 component type adhesive sealant comprised of an asphalt main and latex mixture agent the viscosity of the material compound differed significantly. Based on a permeability testing, injection and economic efficiency, and performance, the appropriate ratio was determined to be 6:1 and was proceeded to the KS F 4935 evaluation method. The 2 component type adhesive sealant uses a static mixer and a cartridge type container for the injection procedure and was able to satisfy the evaluation criteria outlined in the KS F 4935 standard.

• KIEAE Journal
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• v.2 no.4
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• pp.57-64
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• 2002

Nowadays the importance of Building Remodeling as a means to create an architectural environment capable of responding to the social, economic changes has increased more than before. After long time pass, the aged building have faced the need for the overall repair of the structure and function. Remodeling is much more saving the time and cost than new construction in the office building. This study was focused in functional and efficient evaluation. Based on these points, we developed the evaluation factors, and verified a validity of evaluation factors through a survey. The purpose of this study was focused on the Analysis for Recognizing the priority of Indoor Environmental Factors in office Remodeling. This study provides us the competitive guidance of remodeling. The owners and tenants take the maximum efficiency with the minimum cost.

• Journal of the Earthquake Engineering Society of Korea
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• v.10 no.6 s.52
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• pp.47-56
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• 2006

A method is presented for evaluating the economic efficiency of a semi-active magneto-rheological (MR) damper system for cable-stayed bridges under earthquake loadings. An optimal MR damper capacity maximizing the cost-effectiveness is estimated for various seismic characteristics of ground motion. The economic efficiency of MR damper system is addressed by introducing the life-cycle cost concept. To evaluate the expected damage cost, the probability of failure is estimated. The cost-effectiveness index is defined as the ratio of the sums of the expected damage costs and each device cost between a bridge structure with the MR damper system and a bridge structure with elastic bearings. In the evaluation of cost-effectiveness, the scale of damage cost is adopted as parametric variables. The results of the evaluation show that the MR damper system can be a cost-effective design alternative. The optical capacity of MR damper is increased as the seismic hazard becomes severe.

• Proceeding of Spring/Autumn Annual Conference of KHA
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• 2009.04a
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• pp.175-180
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• 2009

According to an increasing demand of political support and development on renewable energy as a solution for the energy problem in Korea, the government has established a goal to raise renewable energy supply from 2.27% to 5% until 2011. Especially in the case of public building in which energy use is in great demand, it would bring a great advantage to develop and utilize the Photovoltaic System as an electric energy and Geothermal Heat Pump System as a thermal energy. On the occasion of Photovoltaic System, Photovoltaic module can be used as an architectural material so that it can reduce construction cost and when we use solar energy, it is possible to make building's own power supply. As for Geothermal Heat Pump System, It can be used infinitely as long as the solar energy exist and operation cost is cheap and yearly efficiency is stable. However, we need to make a plan to reduce early investment expanses for these two renewable energy systems and to expand a diffusion rate as we develop a competitive domestic technology level. So in this study, we are going to perform evaluation of economical efficiency according to the introduction of Photovoltaic System and Geothermal Heat Pump System in public buildings which will be built up inside of Daegu Sin-seo innovation city. As a first step, we will investigate present installation condition of these two renewable energy systems and based upon that, will seek efficient introduction program of renewal energy systems that can be applied in public buildings.