• 대한산업공학회지
• /
• 제23권1호
• /
• pp.115-127
• /
• 1997

A GDHS(Geothermal District Heating System) is a heating system supplying a group of districts with heat extracted from geothermal sources. The advantages of GDHS include saving fuel consumption as well as reducing air pollution. This paper presents a case study for the economic feasibility model and analysis of a GDHS with which central/individual heating systems are replaced. Configuring to a simplified GDHS which consisits of subsurface systems, surface systems, and transmission/distribution systems, we find out the properties of the system and the model parameters affecting the initial investment/operating costs in order to develop a classical economic feasibility model given geothermal temperature. Based on our model parameter space, we analyzed the geothermal development project of the Jejoo Island probabilistically given prior information such as the expected geothermal power, the demand size and the length of transmission/distribution pipes.

• 상하수도학회지
• /
• 제27권3호
• /
• pp.395-404
• /
• 2013

The risk of pipe-bursting in multi-regional transmission mains consisting of 89 % of singled pipeline is so high that pipeline stabilization project is required such as renewal and replacement, pipe paralleling, emergency ties. Pipeline stabilization projects could be postponed at the step of initial decision-making because effect of this project is intangible benefit like activation of economic, improvement of welfare related to water. This study is to suggest quantified economical feasibility model for intangible benefit presumption to solve above problem. Cost reduction of emergency water supply, leakage, burst restore and energy efficiency improvement was altered and applied. As a result of economic analysis taking into account estimated benefit and cost under discount rate 5.5 %, service life 40 years, sufficient economic feasibility analyzed with B/C 2.45, NPV 317,700 million won, IRR 9.09 %.

• 대한안전경영과학회지
• /
• 제13권2호
• /
• pp.267-273
• /
• 2011

Since 'The Act on Private Investment of The Infrastructure' was established in 1994, private investment as well as government's investment in transport infrastructure has been active. However investment in transport infrastructure has more risks than others' due to uncertainty both in traffic volume and in construction cost. In the current appraisal procedure of deciding transportation infrastructure investment, instead of risk management, the sensitivity analysis considering only the changes of benefit, cost and social discount rate which are main factor affecting economic feasibility is carried out. Therefore the uncertainty of various factors affecting demand, cost and benefit are not considered in feasibility study. In this study the problems in current investment appraisal system were reviewed. Using Delphi technique the major factors which have high uncertainty in feasibility study were surveyed and then improvement plan was suggested in the respective of classic 4 step demand forecasting method. The range estimation technique was also mentioned to deal with the uncertainty of the future.

• 한국IT서비스학회지
• /
• 제4권2호
• /
• pp.135-144
• /
• 2005

The plenty of successful cases of Multi-national companies has been realized benefits of offshore outsourcing in particular "cost savings" from offshore IT outsourcing services, such as call center, software development, IT support and maintenance etc. A few Korean companies recently started to make the feasibility study of offshore IT outsourcing to catch up with the global trend. The objective of this study is to present the feasibility of offshore IT outsourcing of Korean companies through the analysis of pilot projects results between Indian and Chinese companies. The analysis include key elementsof cost, productivity, quality, practical issues as well as Gartner's framework, "AD Sourcing Cost Model", composed of 7 model factors. The findings of this study are not limited to understand offshore IT outsourcing but also provide useful guidelines covering wide range from the theoretical framework of selecting suitable offshore partner.

• 한국건축시공학회:학술대회논문집
• /
• 한국건축시공학회 2019년도 추계 학술논문 발표대회
• /
• pp.120-121
• /
• 2019

The construction industry is known to be one of the representative industries that generate fine dust. Therefore, reducing the amount of fine dust generated in construction sites is very important for the overall fine dust management. Based on this, this study proposed the concept of fine dust measurement and removal technology combined with advanced technologies such as drones and IoT. The qualitative, quantitative and risk elimination effects that can be expected when applying the proposed technique are analyzed. We will verify the effectiveness of the proposed concept through system development and field application, and evaluate specific economic feasibility through cost analysis. The proposed concept will be validated through system development and field application and evaluated specific economics through cost analysis.

• 한국건설관리학회논문집
• /
• 제18권4호
• /
• pp.3-16
• /
• 2017

초고층 개발사업의 불확실한 리스크 요인을 고려한 재무타당성을 분석하기 위해 확률론적 접근방법을 통한 몬테카를로 시뮬레이션을 적용하기 위해서는 먼저 타당성 분석 시 고려되어야 하는 리스크 인자에 대한 식별이 이루어 져야 한다. 이 부분은 선행연구에서 식별된 초고층 개발사업의 단계별 리스크 요인들을 고려하고자 하며, 추출된 리스크 인자 중에서 개발사업의 수익을 저하시키는 리스크 인자들을 2차 식별하여 각 인자별 데이터의 특성을 잘 표현할 수 있는 확률분포를 추정하여 몬테카를로 시뮬레이션을 적용하였다. 이렇게 도출된 시뮬레이션 결과를 통하여 현실에서 사업타당성 검토 중인 여러 초고층 개발사업의 추후 운영 시 수익성을 예측하는 자료로 적용 가능한 대안을 찾아보고자 한다. 분석 결과, 아파트를 포함한 통합 현금흐름으로 추정한 초고층부의 평균 NPV와 IRR은 흑자 수익구조를 가지고 있다. 이는 아파트 분양수익으로 호텔 및 오피스에서 오는 적자를 상쇄시켜 주기 때문으로 보인다. 초고층부 시설 중 사업성에 미치는 영향력은 전망대 1차년도 매출액이 가장 크며, 다음으로 운영기간에 따른 오피스 공실률이 큰 영향을 미치고 있음을 알 수 있었다. 또한 초고층 개발사업의 수익성을 높이기 위한 최적의 포트폴리오 구성은 매우 중요함을 알 수 있다.

• 한국시스템다이내믹스연구
• /
• 제3권2호
• /
• pp.113-140
• /
• 2002

The cost-benefit analysis is a technique for assisting with decision about the use of society's scare resources. There exists no detailed assessment like cost-benefit analysis. But recently, many policy analysts criticized the merit of cost-benefit analysis. As it is, it can be said that partial or approximate estimates of benefit and cost may be more dangerous than helpful. The purpose of this study is to overcome the limit of traditional cost-benefit analysis. For this purpose, we use the system dynamics approach for setting up new cost-benefit analysis, which we named that ‘Dynamics Cost-Benefit Analysis'. The usefulness of ‘Dynamics Cost-Benefit Analysis' is as follows; finding structural causal relationship between cost factors and benefit factors, understanding the long-term behavior of systems economic feasibility. In this study, we apply 'Dynamic Cost-Benefit Analysis' to case that is construction investment of funeral house by local government sector.

• 한국환경과학회지
• /
• 제28권11호
• /
• pp.959-969
• /
• 2019

This study sought to contribute to the revitalization of local economy by developing a natural recreation forest, which is the base of ecotourism recreation, through utilizing forest resources and the natural environment of Gwangju-si. The study conducted a feasibility assessment through on-site surveys such as the suitability of the candidate sites, location analysis, and possibility of damage to the forest, before developing recreation forest sites in Gwangju-si and, based on the result, selected appropriate subject sites. The candidates for this study were 5 forest sites such as one site in the Mokheon-dong area, two in the Docheok-myeon area, and one in the Toechon-myeon area. For this study, the current status of the natural recreation forest was surveyed, its feasibility index and assessment process were investigated, and the local status and related regulations of Gyeonggi-do and Gwangju-si were reviewed. The final subject sites were selected after feasibility assessment utilizing assessment index in order to evaluate the candidate sites. The feasibility assessment was conducted after three separate on-site surveys for each candidate site between October 2018 and January 2019 utilizing "The Feasibility Assessment Criteria for Natural Recreation Forest (Notification 2018-71)" of the Korean Forest Service. The items instrumental to the feasibility assessment were classified into landscape, location, water system, induction of recreation, and development condition; the assessment was made after redefining each item into detailed items. Through this process, the Usan-ri area was selected as the final site for developing natural recreation forest, having obtained more than 100 points according to "The Feasibility Assessment Criteria for Natural Recreation Forest" of the Korean Forest Service. In order to develop natural recreation forest in the Usan-ri area in the future, further discussion is necessary with the relevant departments in consideration of the degree of ecological zoning map.

• 수산경영론집
• /
• 제13권1호
• /
• pp.85-97
• /
• 1982

This study involves a blending of intensive and extensive shrimp culture techniques for a hypothetical shrimp farm which uses a combination of heated raceway nurseries and extensive grow-out ponds per year. The present value method of economic analysis is used to determine economic feasibility. The biological data in this reports were obtained from published or personal communications from leaders in the field of shrimp aquaculture. The proposed system showed economic feasibility using the present value method with discount rates of 10% and 12%. The most profitable scenario, the culture of three crops of Penaeus vannamei showed a 1.26 year payback period and 120% annual average rate of return. The breakeven price was ＄1.25/1b., which is ＄1.52 less than the market price of ＄2.77. Breakeven production was 724 1bs/acre, which is 8761bs. less than the assumed 1,600 1bs/acre. All other scenarios 1.2 and 3 crops for P. stylirostris and P. setiferus showed economic feasibility also.

• 수산경영론집
• /
• 제43권3호
• /
• pp.23-30
• /
• 2012

This study aimed to analyze the economic feasibility of Mackerel offshore aquaculture production performance in Jeju region, Korea. Based on the collected biological, costs and market price data, farming revenue and expenses during the farming period were evaluated, and the net present value and the internal rate of return of a 10-year cash inflow and cash outflow were estimated to determine the economic feasibility of Mackerel offshore aquaculture production system. Model results indicated that the Mackerel offshore aquaculture production performance would have high profitability under the current production and market situation. This is because of the relatively high survival rate, relatively low feed conversion ratio and good market prices. However, sensitivity analyses of main important biological and economic variables showed that the economic viability of Mackerel offshore aquaculture production system would be highly vulnerable to production and market condition changes.