• The Journal of Fisheries Business Administration
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• v.38 no.3
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• pp.25-51
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• 2007

Recently those who visit a fishing village is increasing. So the government's policymaker is interested in a tourism of fishing village. There are a lot of local governments that they turn it to good account to activate the fishing community. So they plan for the tourism facility in the fishing village and invest in it. The fishery facility can playa role in it. Nonetheless it is not playing a role in tourism facility. Though the breakwaters projecting far into the sea are good waterfront, most of them are not reflecting the function of it. And fishery facility producing seed is a good resource of eco-tourism, but it is yet a tourist potential. Although the artificial reef is going far toward promoting a fishery resource, it is seldom used as a tourism resource. The multiple functions of fishery facilities have to be improved to raise the investment effect of them. Especially the tourism function has to be added on their basic function. The multiple functions of fishery facilities is necessary to satisfy tourist's needs. In results, not only their value but also value of fishing village will be raised.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.1
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• pp.515-524
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• 2014

In this paper, The investment prioritization model was investigated for keeping the service level of mooring facilities more than the target level of management with a limited budget in the right time. Network level prioritization criteria of the national scale was developed to take into criteria index and quantitative evaluation, management authority's opinion. Delphi method was conducted maintenance exports of mooring facilities over twice for verifying the validity and adequacy. In order to improve the objectivity of criteria, the criteria for evaluating the utilization of port facilities is presented form yearly facility traffic/facility's length, the result of the analysis of facility traffic data. The investment prioritization criteria of mooring facilities is expected to be utilized for more efficient and national budget distribution applied to the maintenance budget plan of nationwide.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.36 no.1
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• pp.129-133
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• 2016

This paper insists that the accessibility and transfer facility has also to be included in railway investment because railway mode can not be, what is called, a door to door service. At present those facility are not included in the railway investment with them in negligence. Since those facility is not treated with railway system there is no room to get a budget from the central government. This paper suggests that all the measurements have to be implemented, based on the LOS (Level of Service) of accessibility and transfer at railway stations. The LOS has to be as low as reasonably practical (ALARP) which can be derived from the consensus between government and citizens. Also, a couple of procurement methods are suggested for accessibility and transfer facility separately. Finally, improvement of regulations are also suggested.

• Journal of Internet Computing and Services
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• v.19 no.3
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• pp.79-88
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• 2018

Major countries stay to expand invest in R&D to promote new growth engines in the future and to secure new technologies and Korea is also expanding to R&D investment. Quality of R&D investment is getting more Important than quantity of R&D investment because Korea's indicator related to R&D investment is already world class with other countries's investment scale by comparison with GDP. According to this trend, Korea's policy in R&D is focusing the R&D Innovation Plan and "Utilization of R&D Facility and Equipment(F&E)" has been getting important. In this research, it research on facility and equipment management plan through Defense R&D Equipment information System(DRES). It analyzes existing process F&E in Defense field and Nation. Furthermore, it explains major process, function, and menu reflecting Defense F&E management rule enacted recently. Lastly, it shows the development direction for Defense F&E management.

• IE interfaces
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• v.12 no.2
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• pp.285-293
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• 1999

This paper analyzes the facility investment appraisal process of a real world shipyard and proposes several improving points. For this purpose the investment appraisal sheets are investigated in terms of the theory of the discounted cash flow (DCF) method. Through this investigation, the differences between the theory and its application are clarified and it is tried to resolve the gab by applying the DCF method appropriately including explicit use of actual cash flows in revenue and expense expressions. It is also proposed that some portion of the capital loss caused by defending facility sales may not be the sunk cost and that the portion can conceptually be calculated by the difference between economic value and sales price.

• Journal of Power System Engineering
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• v.8 no.1
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• pp.48-54
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• 2004

In this study, waste heat of Jeju City Waste Environment Center is investigated and the utilization method is suggested with economical analysis of additional investment that needed for new facility. Energy balance of the typical facilities is considered in this study such as incineration plant and LFG power plant. The payback period of the investment which is used for the LFG power plant waste heat utilization facility is about 2.4 years and the economic profit of the facility during 10 years operation is up to 926 million won.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.2
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• pp.657-665
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• 2016

This study analysed how real estate investor's preference influences the investment satisfaction and re-investment intention. For the study, the investment preference was analysed using the PLS Structural Equation Model. The profitability and safety among the investment behavioral factors influenced the investment satisfaction the most. The facility characteristics among the investment behavioral factors influenced the investment satisfaction slightly. Finally, the investment satisfaction among the investment preferences influenced the re-investment intention mainly.

• KDI Journal of Economic Policy
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• v.45 no.1
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• pp.69-86
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• 2023

Regulatory sentiment refers to the market's subjective evaluation of regulatory reform and is one of the most widely adopted indicators to those charged with implementing and diagnosing regulatory policies. The use of regulatory sentiment in advanced analysis has become universal, albeit it is often limited due to difficulties in articulating consistent and objective quantitative indicators that can meticulously reflect market sentiment overall. Thus, despite ample effort by scholars to read the economic impact of regulatory sentiment in the real economy, causal links are difficult to spot. To fill this gap in the literature, this study analyzes a regulatory sentiment index and economic performance indicators through a text analysis approach and by inspecting diverse tones in media articles. Using different stages of tests, the paper identifies a causal relationship between regulatory sentiment and actual economic activities as measured by private consumption, facility investment, construction investment, gross domestic investment, and employment. Additionally, as a result of analyzing one-unit impulse of regulatory perception, the initial impact on economic growth and private investment was found to be negligible; this was followed by a positive (+) response, after which it converged to zero. Construction investment showed a positive (+) response initially, which then rapidly changed to a negative (-) response and then converged to zero. Gross domestic investment as the initial effect was negligible after showing a positive (+) reaction. Unfortunately, the facility investment outcome was found to be insignificant in the impulse response test. Nevertheless, it can be concluded that it is necessary and important to increase the sensitivity to regulations to promote the economic effectiveness of regulatory reforms. Thus, instead of dealing with policies with the vague goal of merely improving regulatory sentiment, using regulatory sentiment as an indicator of major policies could be an effective approach.

• Journal of Korean Society for Quality Management
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• v.20 no.2
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• pp.76-93
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• 1992

The purpose of this study, by surveying the status of firms, measurement-related investment and the defect rate, is to analyze the effect of measurement-related investment and to propose a scheme of efficient measurement-related investment which reduces the defect rate. For this project we obtain the data of the status of the measurement-related investment and the defect rate of 928 firms in Korean manufacturing industry by mailing survey. One of our results shows that the firms which have measurement standard laboratory, i.e, which invest in measurement-related area comparatively high, have the defect rate about 0.8% lower than those firms which don't have measurement standard laboratory. Also we find that the small-and-middle size firms have worse measurement-related facility than the large firms and the firms in the heavy-chemical industry have higher measurement-related investment effect than the firms in the light industry.

• Journal of the Korean Operations Research and Management Science Society
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• v.1 no.1
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• pp.151-170
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• 1976

There are many cases of production processes which intermittently produce several different kinds of products for stock through one set of physical facility. In this case, an important question is what size of production run should be prduced once we do set-up for a product in order to minimize the total cost, that is, the sum of the set-up, carrying, and stock-out costs. This problem is used to be called scheduling of multiple products through a single facility in the production management field. Despite the very common occurrence of this type of production process, no one has yet devised a method for determining the optimal production schedule. The purpose of this study is to develop quantitative analytical models which can be used practically and give us rational production schedules. The study is to show improved models with application to a can-manufacturing plant. In this thesis the economic production quantity (EPQ) model was used as a basic model to develop quantitative analytical models for this scheduling problem and two cases, one with stock-out cost, the other without stock-out cost, were taken into consideration. The first analytical model was developed for the scheduling of products through a single facility. In this model we calculate No, the optimal number of production runs per year, minimizing the total annual cost above all. Next we calculate No$_{i}$ is significantly different from No, some manipulation of the schedule can be made by trial and error in order to try to fit the product into the basic (No schedule either more or less frequently as dictated by) No$_{i}$, But this trial and error schedule is thought of inefficient. The second analytical model was developed by reinterpretation by reinterpretation of the calculating process of the economic production quantity model. In this model we obtained two relationships, one of which is the relationship between optimal number of set-ups for the ith item and optimal total number of set-ups, the other is the relationship between optimal average inventory investment for the ith item and optimal total average inventory investment. From these relationships we can determine how much average inventory investment per year would be required if a rational policy based on m No set-ups per year for m products were followed and, alternatively, how many set-ups per year would be required if a rational policy were followed which required an established total average inventory inventory investment. We also learned the relationship between the number of set-ups and the average inventory investment takes the form of a hyperbola. But, there is no reason to say that the first analytical model is superior to the second analytical model. It can be said that the first model is useful for a basic production schedule. On the other hand, the second model is efficient to get an improved production schedule, in a sense of reducing the total cost. Another merit of the second model is that, unlike the first model where we have to know all the inventory costs for each product, we can obtain an improved production schedule with unknown inventory costs. The application of these quantitative analytical models to PoHang can-manufacturing plants shows this point.int.