• Title/Summary/Keyword: economic limit

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An Alternative Approach to Environmental Ethics Education from the perspectives of CHAE(體)-YONG(用)-SANG(相) Theory (환경윤리교육의 체용론(體用論)적 접근 방안 - <자연-경제-환경>의 연계성을 중심으로 -)

  • 김태경
    • Hwankyungkyoyuk
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    • v.13 no.1
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    • pp.96-110
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    • 2000
  • There are some considerations that must take into account in environmental education in the aspect of the difference of value clarification between ecological and economic viewpoint on environment. Although we have a tendency to think that the differences are unavoidable because we are on the economy-oriented life, we should realize that such emphasis to economics comes from the differences between ecological and economic view point on environment. We have lived and thought on the basis of Economic view point, especially, environmental policies are established on the basis of economic efficiency. But this tendency has become great obstacles to environmental ethics education because it dilutes the reason of natural preservation and removes the fundamental reasons why the nature should be preserved. Therefore it is very difficult to balance the value clarification between economic and ecological viewpoint in actual life. Furthermore, environmental problems can not be solved only through economic approach, because of their limits to belief solving from providing incentives. It is very important to make people have a way of thinking which economic activities and debates can be made on the ecological resources. Therefore we can compare this relation to CHAE-YONG founded on Buddism and Chinese philosophy. CHAE means essence of every reaction in the cosmos, and YONG means the reaction itself. CHAE is regarded to ecological resources, and YONG is thought to every-day economic activities. YONG is not able to existwithout CHAE. If economic activities can be done on the basic limit of ecological resources, we can build suitable environment to living condition. We call this appropriate environment as SANG. In other words, the connection of CHAE-YONG-SANG means ecological resources - economic activities - sustainable environment. It is realized that the relations between economics and ecology should be equalized for the balanced environmental ethics education. This study tries to get out of unbalanced relations between economics and ecology from the persepectives of CHAE-YONG-SANG and it was done to suggest an alternative environmental ethics education program

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Case Studies of the Life Cycle Cost Analysis for Rehabilitation of Deteriorated Expressway Concrete Pavements (고속도로 노후 콘크리트 포장 보강의 경제성 분석 사례 연구)

  • Suh, Young-Chan;Park, Ji-Won;Kim, Chan-Woo
    • International Journal of Highway Engineering
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    • v.18 no.3
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    • pp.33-45
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    • 2016
  • PURPOSES : Concrete pavement has been used in the construction of the Jungbu expressway in 1987. More than 60% of the pavement on the expressway is currently made of concrete, but most has been used far beyond their design life. Pavement life has been extended through routine maintenance or overlay. However, the structural capacity of the pavement has reached its limit, and extensive rehabilitation/reconstruction with long time traffic blocking should be considered. The three following issues on concrete rehabilitation/reconstruction will be discussed: (1) economic comparison of asphalt inlay and asphalt overlay, (2) economic comparison preventive overlay on a section which is currently good and routine overlay on the section which will be poor, and (3) economic analysis of early-strength concrete when it is used in concrete reconstruction. METHODS : First, various life cycle cost analysis tools were compared, and the proper tool for the extensive rehabilitation/reconstruction was selected. Second, a sensitivity analysis of the selected tool was performed to find the influential input variables, which should be carefully selected in the analysis. Third, three case studies, which can be issues in the rehabilitation/reconstruction of the expressway concrete pavement in Korea, were performed. RESULTS : Asphalt overlay without milling the deteriorated concrete showed 18~25% lower life cycle cost than the current asphalt inlay with milling. The good current preventive overlay on the section was economically justified within the scope of this study. The construction cost limit of the early strength concrete was suggested to be economical for 1, 3, and 7 days of construction alternative opening. CONCLUSIONS : CA4PRS was a viable tool for comparing various rehabilitation/reconstruction issue alternatives. Several concrete issues associated with the rehabilitation/reconstruction of the deteriorated concrete pavement were discussed as mentioned above.

A Study of the Development of a National Financial Health Maintenance in Response to Economic Crisis (경제위기 대응을 위한 국가재정 건전성 유지 발전을 위한 연구)

  • Kim, Young-Hu
    • Journal of Digital Convergence
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    • v.12 no.1
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    • pp.23-36
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    • 2014
  • Recently economic crisis has brought world economic instability. Each country in order to stabilize the economy, fiscal rules are introduced or reinforced. Fiscal Policy in a country plays an important role in determining the economic situation in the present and future. Existing fiscal rules tend to place a rigid limit not only on the deficit ratio and thus on the scope for fiscal stabilization, but also on the extent to which fiscal policy can be used for structural purposes. But the fiscal rules are operated in many ways and adopted in various forms, with different binding of each other, according to their own fiscal situations, and political circumstances. This study shows several important factors for successful National fiscal system and continuous fiscal soundness and development.

Economic Load Dispatch Considering Power System Reliability under the Deregulated Electricity Market (규제완화된 전력시장 하에서의 전력계통 신뢰도를 고려한 경제부하배분)

  • Kim, Hong-Sik;Lim, Chae-Hyeun;Choi, Jae-Seok;Cha, Jun-Min;Rho, Dae-Seok
    • Proceedings of the KIEE Conference
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    • 2000.07a
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    • pp.391-393
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    • 2000
  • This paper presents an new algorithm for the economic load dispatch considering the reliability level constraints of composite power system under deregulated electricity market. It is the traditional ELD problem that generation powers have been dispatched In order to minimize total fuel cost subjected to constraints which sum of powers generated must equal the received load and no violating lower and upper limit constraints on generation. Under deregulated electricity market, however, generation powers of a pool have to be reallocated newly in order to satisfy the reliability differentiated level required at a load point because of a reliability differentiated electricity service which is a part of the priority service. In this study, new economic load dispatch algorithm for reallocating the generation powers of a pool in order to satisfy the reliability differentiated level under deregulated competitive electricity market is proposed. The uncertainties of not only generators but also transmission lines are considered fer the reliability evaluation. The characteristics and effectiveness of this methodology are illustrated by the case studies on MRBTS and IEEE-RTS.

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Development of a Sustainable Regional Economic Growth Model (SREG) Using Multiplier Theory (승수이론을 이용한 지속가능한 지역경제성장모델의 개발)

  • Jung, Nam-Su
    • Journal of The Korean Society of Agricultural Engineers
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    • v.49 no.1
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    • pp.35-42
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    • 2007
  • This paper develops a Sustainable Regional Economic Growth Model (SREG) which estimates the relation of labor population change and employment increase in each occupation and maximum limits and minimum requirements of employment increase by labor population change in a specified region using multiplier theory. To develop the proposed model, sustainable regional economic growth is defined as a steady increase of labor population over a long term period and the limit of employment increase is defined as the estimated labor population change in the region with no need for commutation from the surrounded areas. Developed model was applied to 67 county in Pennsylvania State and the results revealed that the investment in infrastructure occupations, such as transportation, warehousing, utilities, information, communication, and other public utilities, maximizes the effects for increasing employment, whereas finance, insurance, and real estate occupations have minimum effects for increasing employment. Calculated minimum requirements of occupations show that infra-structure occupations is a critical factor for labor population change and maximum limits of occupations show that agriculture and finance occupations are difficult to increase independently.

Design and Economic Evaluation on a POP Inventory Control System in SCM Using RFID (SCM 환경에서의 RFID를 이용한 생산시점 재고관리 시스템 설계 및 경제성 평가)

  • Cho, Jae Hyung
    • The Journal of Society for e-Business Studies
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    • v.19 no.1
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    • pp.1-14
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    • 2014
  • This paper presents the development of a stock control system of POP system design based on RFID in SCM and its economic efficiency. A stock control system is proposed for 900MHz passive type RFID system. The RFID system is composed of a RFID reader and four antennas to read the tag IDs. A cost estimation model is adapted based on the total product profit by various tag prices. The result of the economic efficiency analysis can indicate any invested model for the automation system which have initial investment should be used. This solution indicates the limit of the break even point according to the input. And it can be concluded that the stock control can be developed by RFID readers and passive tags with directional arrangement of several antennas. Also, the economical evaluation model can be a decision method for company to adapt the new developed system.

EVALUATING MANAGEMENT STRATEGIES THROUGH ECONOMIC MODELING OF HEAVY EQUIPMENT FLEETS

  • Tyler Johnson;John Hildreth;Scott Capps
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.219-225
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    • 2013
  • State transportation agencies utilize fleets of heavy equipment to construct and maintain roadways. Equipment cost models can be developed to forecast economic life, which is the point at which the average unit cost to date reaches a minimum. A calculated economic life and cost models can be used to quantify the impacts of management strategies applied to a fleet. The purpose of this research was to develop an accurate method of quantifying the results of management strategies applied to a fleet of heavy construction equipment. The strategies evaluated are related to the annual usage of the fleet and the size of the fleet. More specifically the methodology is used to adjust the economic model to consider a limit to the annual decline in machine usage and a reduction in the number of machines in the fleet. When limiting annual machine usage, a specified rate is applied to the usage of the fleet, while total usage is held constant. This causes aging at a modified rate. A reduction in fleet size also causes a change to the usage of a fleet as the fleet must use fewer machines to produce the same total usage.

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A study on the maximum penetration limit of wind power considering output limit of WTGs (풍력발전기 출력제한을 고려한 풍력한계용량 산정에 관한 연구)

  • Kim, Hyeong-Taek;Myeong, Ho-San;Kim, Se-Ho
    • Journal of the Korean Solar Energy Society
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    • v.31 no.6
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    • pp.23-31
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    • 2011
  • The wind energy is one of the most prospective resources in renewable energy. However, the WTGS shouldn't be installed indiscriminately because the power system can be negatively influenced by a variable and uncertain nature of the wind energy. It is the reason why it has to be limited to install the WTGS thoughtlessly mentioned above that support the importance of the maximum penetration limit of wind power. It may required that power system operators suggests a new way of power system operation as percentage of the WTGS increase in the existing power system. The wind power is fixed in a limited area, so using rate of the wind power will be increased by installing additional WTGS. In this paper, we have studied on economic evaluation of the wind capacity increased by restricting the output of the WTGS as the way to increase the wind capacity.

A Bioeconomic Analysis on the Evaluation of Alternative Management Policies in the Multispecies Fishery (복수어업에 있어서의 어업관리수단 평가를 위한 생물경제학적 연구 -미국 멕시코만의 red grouper와 yellowedge grouper 복수어업을 사례로-)

  • 김도훈
    • The Journal of Fisheries Business Administration
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    • v.35 no.1
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    • pp.1-22
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    • 2004
  • Since the red grouper stock was initially declared to be overfished by the NMFS in September 2002, the Gulf of Mexico Fishery Management Council must prepare for the red grouper rebuilding plan considering the following alternative management policies: Total Allowable Catch(TAC), 5 - month season closure, 1800 - pound trip limit, and 50 - fathom longline boundary. The first concern the Council has is to evaluate the effects of recommended policies and the second is to analyze the impact of management policies on yellow edge grouper. This is because the fleets harvest red grouper also catch yellowedge grouper, the regulations on red grouper are likely to allow fishing effort to be distributed into yellowedge grouper. Therefore, this study is aimed at evaluating the biological and economic effects of management policies considering simultaneously the impact of red grouper regulations on yellow edge grouper by developing a combined red grouper and yellowedge grouper bioeconomic model. The overall results indicate that management policies for red grouper would adversely affect the yellowedge grouper stock if yellowedge grouper is not protected by its regulations. The TAC policy has the most serious impact on the yellowedge grouper stock, while the 1800 - pound trip limit policy minimizes the reduction in the yellowedge grouper stock. However, the target stock size of red grouper is achieved as well as the largest net present value of returns is gained in the TAC policy.

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The Promotion Strategy of the Convergence Industry by using IT Utilization (융복합 산업의 이해와 IT 활용을 통한 융복합 산업 촉진방안에 관한 연구)

  • Kang, Ju-Young;Kang, Min-Cheol
    • The Journal of Information Systems
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    • v.18 no.1
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    • pp.47-76
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    • 2009
  • The economic growth that depended on IT industry is reaching to a limit. In order to overcome the limit, the convergence industry that makes new market and products is essential. However, companies preparing a jump into the convergence industry must understand the exact visions and characteristics of convergence. Therefore, we investigated the structural changes of industries caused by convergence and importance characteristics of convergence. Also, we demonstrated the current status of the convergence industry and analyzed economical, social/cultural, and technological environments that the companies are facing, and elaborated the opportunities of convergence. At last, we suggested basic requirements and strategies for companies starting a convergence business and IT utilization methods to accelerate the convergence business activation.