• Title/Summary/Keyword: feasibility studies

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A study of real estate investment value and analytic technique -mainly by case study of real estate development projects- (부동산 투자가치와 사업타당성 분석기법 연구 -개발사업 사업타당성 분석 사례연구를 중심으로-)

  • Lee, Taek-Soo;Lee, Joo-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.12
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    • pp.6128-6134
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    • 2012
  • In so many real estate development projects, there were strong needs to have a powerful tool to check feasibility of those projects. But there were not enough tool and measure to cover risk of real estate development and construction. Therefore I tried to find a real tool to measure investment value of development properly and efficiently, by means of case studies of many real estate development projects. Finally I found a fact that no tools of investment value analysis are perfect and efficient to hedge all kinds of risks in projects. Especially NPV(Net Present Value) and IRR(Internal Rate of Return) were not sufficient by themselves to measure investment value. So I found out that MIRR(Modified IRR), XIRR(X-IRR), ARR(Average Rate of Return), PP(Payback Period) and so on, would be supplementaries of proper and efficient investment value analysis.

Theory and Methods for the Evaluation of Environmental Resources (환경자원의 가치평가 이론과 주요 방법)

  • Kim, Joon-Soon
    • Journal of Forest and Environmental Science
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    • v.19 no.1
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    • pp.108-123
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    • 2003
  • The importance of environmental resources has been recognized over the world after Rio declaration(1992). so it is moved to monetarize environmental resources. The studies on the evaluation of nonmarket goods began also in the early 1990 in Korea. In practice the preliminary feasibility studies(PFS) are carried out since 1999 in case of major public investments projects. In PFS the Benefit-Cost analysis is practically used. which is considering the evaluation of environmental resources. But the methods for the evaluation have not been fixed up. In this study It is introduced to the theory and major methods for the evaluation of environmental resources. In the theory the evaluation is handled in aspect of demand function and supply function. The optimum level can be extracted from the two functions. In the method. travel cost method(TCM), hedonic price method(HPM) and contingent valuation method(CVM) are introduced according to the market structures.

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A Feasibility Study on Adopting Individual Information Cognitive Processing as Criteria of Categorization on Apple iTunes Store

  • Zhang, Chao;Wan, Lili
    • The Journal of Information Systems
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    • v.27 no.2
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    • pp.1-28
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    • 2018
  • Purpose More than 7.6 million mobile apps could be approved on both Apple iTunes Store and Google Play. For managing those existed Apps, Apple Inc. established twenty-four primary categories, as well as Google Play had thirty-three primary categories. However, all of their categorizations have appeared more and more problems in managing and classifying numerous apps, such as app miscategorized, cross-attribution problems, lack of categorization keywords index, etc. The purpose of this study focused on introducing individual information cognitive processing as the classification criteria to update the current categorization on Apple iTunes Store. Meanwhile, we tried to observe the effectiveness of the new criteria from a classification process on Apple iTunes Store. Design/Methodology/Approach A research approach with four research stages were performed and a series of mixed methods was developed to identify the feasibility of adopting individual information cognitive processing as categorization criteria. By using machine-learning techniques with Term Frequency-Inverse Document Frequency and Singular Value Decomposition, keyword lists were extracted. By using the prior research results related to car app's categorization, we developed individual information cognitive processing. Further keywords extracting process from the extracted keyword lists was performed. Findings By TF-IDF and SVD, keyword lists from more than five thousand apps were extracted. Furthermore, we developed individual information cognitive processing that included a categorization teaching process and learning process. Three top three keywords for each category were extracted. By comparing the extracted results with prior studies, the inter-rater reliability for two different methods shows significant reliable, which proved the individual information cognitive processing to be reliable as criteria of categorization on Apple iTunes Store. The updating suggestions for Apple iTunes Store were discussed in this paper and the results of this paper may be useful for app store hosts to improve the current categorizations on app stores as well as increasing the efficiency of app discovering and locating process for both app developers and users.

Analysis of Steel/composite Cylinder by GUI Program (GUI를 이용한 특수강/복합재 이중구조 후육실린더 해석)

  • Kim, Chi-Wan;Kim, Wie-Dae
    • Composites Research
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    • v.25 no.4
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    • pp.126-132
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    • 2012
  • It is useful to have a quick analysis program in early design process for feasibility studies of composite cylinder because it takes long time and is not cost effective by commercial programs. In this paper, a GUI program is developed to calculate the stress distribution in a fast manner with the properties, the orientation angle and the stacking sequence of composite material using LabVIEW. The stress distributions of an autofrettaged cylinder and a composite cylinder with internal pressure are compared with the results by MSC Nastran/patran. The stress distribution of steel/composite cylinder is compared with the values of existing studies, and is proved. Furthermore, by calculating the stress distribution of an autofrettaged steel/composite cylinder, the stress distribution is estimated, and the program will be useful in an early design phase for feasibility studies.

A Study on System of Feasibility Study and Issues of Economic Analysis in Cultural Facility Construction: Focused on the National Museum of Contemporary Art(MMCA), Seoul (문화시설 건립 타당성조사의 체계와 경제성 분석에서의 쟁점 - 국립현대미술관 서울관 건립사업을 중심으로 -)

  • Jung, Sang-chul
    • Korean Association of Arts Management
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    • no.53
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    • pp.101-125
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    • 2020
  • This paper presents the problems and improvement methods in estimating demand and benefit, which have been controversial in the feasibility study of building cultural facilities. Although there are justifications for supplying cultural facilities by expanding leisure time and increasing income, the economic burden from the insolvent operation after construction is high. Feasibility studies can prevent these problems in advance. In order to estimate the demand for cultural facilities, similar facilities were selected and the gravity model was used to estimate the demand. In the future, it is necessary to prepare the criteria for setting the reference facility to increase the accuracy of the demand estimation. In addition, in the case of cultural facilities constructed through feasibility study, it is necessary to induce and enforce the disclosure of operational data and information, and to establish a database so that it can be used as a reference facility for demand estimation in future feasibility study on cultural facility. Accurate benefit estimation requires multiple CVM surveys. In addition to the current CVM survey, this paper suggest that supplementary online non-face-to-face surveys is considered. Furthermore, this research suggests that the use of video media for explanation of alternative materials for cultural facilities to be constructed because the WTP may be excessive due to lack of alternatives for survey respondents in the current CVM survey.

High-flow nasal cannula oxygen therapy in children: a clinical review

  • Kwon, Ji-Won
    • Clinical and Experimental Pediatrics
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    • v.63 no.1
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    • pp.3-7
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    • 2020
  • High-flow nasal cannula (HFNC) is a relatively safe and effective noninvasive ventilation method that was recently accepted as a treatment option for acute respiratory support before endotracheal intubation or invasive ventilation. The action mechanism of HFNC includes a decrease in nasopharyngeal resistance, washout of dead space, reduction in inflow of ambient air, and an increase in airway pressure. In preterm infants, HFNC can be used to prevent reintubation and initial noninvasive respiratory support after birth. In children, flow level adjustments are crucial considering their maximal efficacy and complications. Randomized controlled studies suggest that HFNC can be used in cases of moderate to severe bronchiolitis upon initial low-flow oxygen failure. HFNC can also reduce intubation and mechanical ventilation in children with respiratory failure. Several observational studies have shown that HFNC can be beneficial in acute asthma and other respiratory distress. Multicenter randomized studies are warranted to determine the feasibility and adherence of HFNC and continuous positive airway pressure in pediatric intensive care units. The development of clinical guidelines for HFNC, including flow settings, indications, and contraindications, device management, efficacy identification, and safety issues are needed, particularly in children.

Sound Transmission Loss of Double Panels(I) : A Double Wall with Air Cavity (이중판의 차음손실 I)

  • 강현주;김현실;김재승;김상렬
    • Journal of KSNVE
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    • v.7 no.6
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    • pp.945-952
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    • 1997
  • This paper shows the feasibility of the suggestion that the angle distribution of incident sound to panels might be gaussian, instead of the conventional uniform distribution in the analysis of transmission loss of panels. To prove the suggestion, the problems with the diffuse sound field in a reverberation room are examined by case studies and the comparision of the prediction with the measurement of sound transmission loss of walls are performed. The results of the comparision show good agreement between the two values.

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A study on the application of robots in electric power company (전력회사의 로보트 적용현황에 관한 조사연구)

  • 이범희;우희곤;양일권;김정국;홍지민;문찬우;이명웅;박시영;서창원
    • 제어로봇시스템학회:학술대회논문집
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    • 1990.10a
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    • pp.73-78
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    • 1990
  • As a preliminary study for the application of robots in electrical power company, several case studies in foreign countries, such as a substation patrol robot, a robot for nuclear power facilities, an insulator cleaning robot and a robot system for live-distribution line works, have been carried out for the application of robots. Various application fields, application-related problems, technical difficulties, and the feasibility of applications are studied.

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A fault diagnostic system for a chemical process using artificial neural network (인공 신경 회로망을 이용한 화학공정의 이상진단 시스템)

  • 최병민;윤여홍;윤인섭
    • 제어로봇시스템학회:학술대회논문집
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    • 1990.10a
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    • pp.131-134
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    • 1990
  • A back-propagation neural network based system for a fault diagnosis of a chemical process is developed. Training data are acquired from FCD(Fault-Consequence Digraph) model. To improve the resolution of a diagnosis, the system is decomposed into 6 subsystems and the training data are composed of 0, 1 and intermediate values. The feasibility of this approach is tested through case studies in a real plant, a naphtha furnace, which has been used to develop a knowledge based expert system, OASYS (Operation Aiding expert SYStem).

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