• Title/Summary/Keyword: investment cost

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The Study about Foreign Investment revitalization in Busan (부산지역 외국인투자 활성화 방안에 관한 연구)

  • Kim, Kyoung-Hee;Lee, Hak-Seung
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.163-195
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    • 2008
  • This paper want to do the feasibility analysis that it uses financial statements in order to attract foreign investment to enter in the Busan area. And this paper would be presented the plan about foreign investment revitalization. To that end, this paper would be deployed the following methods and scope. First, It defines to the concept of foreign investment, foreign investment region, and foreign-invested enterprises, I wish to loot at the economic effects of positive and negative effects through foreign investment. Second, this study's scope would be set up foreign investment area of Busan, and investigate the land development cost of invested enterprises, construction cost of enterprises burden, expected revenues, etc. Third, it classified three industry for the feasibility analysis of entered enterprises, so would be yield industry-specific analysis using financial statements to be pre-research. Forth, this paper is suggested a revitalization plan for efforts to attract foreign investment, for the future through economic effective analysis of foreign invested-enterprises.

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An Efficiency Analysis of Korea's CGEI and IPEP in the Manufacturing Industries (환경관련투자의 효율성 분석: 우리나라 제조업을 중심으로)

  • Min, Seung-Ki
    • Journal of Environmental Policy
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    • v.10 no.2
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    • pp.61-92
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    • 2011
  • We analyzed the efficiency of environment investments by taking examples of central government's environmental investment (CGEI hereafter) and investment in prevention of environmental pollution (IPEP hereafter). We expanded the scope of existing studies by decomposing the internal rate of return (IRR hereafter) and present value of benefit (Bpv hereafter) into variable cost (VC hereafter) reduction, investment cost reduction (STC-VC hereafter), and rent. And we found that Bpv checks only the magnitude of benefit, while IRR indicates the existence of efficiency by investigating short-run total cost (STC hereafter) reduction and rent. Finally, by analyzing investment efficiency and changing benefit with respect to CGEI and IPEP through the investment efficiency methodology that compares IRR with market interest rate, we executed retrospective benefit-cost analysis. Accordingly, CGEI and IPEP are not efficient. However, IPEP is even more inefficient than CGEI.

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An investment cost model for metropolitan area subscriber networks (대도시 가입자망 투자비 산출 모형의 개발)

  • Hwang, Geon;Chang, Seok-Gwon;Kim, Sa-Hyeok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1997.10a
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    • pp.239-242
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    • 1997
  • Subscriber network investment cost is a main cost element among those constituting the access charges in telephone networks. The purpose of this paper to estimate the investment cost of installing a subscriber network in a typical metropolitan area and to develop a cost modeling framework. To this aim, a metropolitan area in Seoul was investigated. The main cost elements were identified and their relationships with the cable technology, geographical characteristics, and the number of subscribers were analyzed. The findings could be used to design an enhanced cost proxy models for estimating the access charges in a multi-operator environment.

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Supply Chain Coordination Under the Cap-and-trade Emissions Regulation (탄소배출권거래제도에서의 공급망 조정 모형)

  • Min, Daiki
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.3
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    • pp.243-252
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    • 2015
  • This paper considers a supply chain consisting of a manufacturer under the cap-and-trade emissions regulation and a permit supplier. We study joint production quantity and investment in reducing permit production cost decisions for centralized and decentralized supply chains. We formulate two supply chain contracts with aims to coordinate the decentralized supply chain; wholesale price contract and cost-sharing contract. Under the cost-sharing contract, the manufacturer shares a part of the investment in reducing permit production cost and then is allowed to purchase emission permit at a lower price. We analytically find that the proposed cost-sharing contract with reasonable parameters can coordinate the supply chain whereas the wholesale price contract is not desirable to achieve the system-wide profit. Numerical example is followed to support the analysis.

A Study on the Economics Evaluation using Weighted Average Cost of Capital (가중평균자본비용을 이용한 투자 안의 경제성평가에 관한 연구)

  • 김태성;구일섭
    • Journal of the Korea Safety Management & Science
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    • v.3 no.4
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    • pp.135-144
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    • 2001
  • The capital cost of the company is one that must be paid to the money owner as the price by using the money. The capital cost according to the source of money supply can be estimated by the expected profit rate undertaken by the use of the capital. But in the area of pre-existent economic evaluation, the evaluation of the company investment has been treated by the profit rate of the capital after considering the repayment conditions of the other's money or the interest. Thus in this study, in case the company makes an investment on various kinds of the capital at the same time, not make use of the capital as a one source, the economic evaluation of an investment should be handled by taking the weighted average cost of capital into consideration in proportion to the constitution of the capital cost by the sources of money supply, Especially, as the cost of the private money is very much connected with the profit rate through the stock market, the Capital Asset Pricing Model (CAPM) will be applied. This kind of economic evaluation method can be said to have much to do with the Economic Value Added : EVA) as well as to be highly thought as a standard to estimate the company' value recently To certify the usefulness of this approach, the case study of the output of the capital cost will be made for the purse of the economic evaluation of the alternative investment by using the financial statements of a motor company H.

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For capital investment "cost-benefit analysis," Study on the Possibility of the Utilization (자본투자를 위한 "비용.편익분석"의 활용 가능성에 관한연구)

  • Jeong, Jae-Jeong;Yang, Gwang-Mo;Gang, Gyeong-Sik
    • Proceedings of the Safety Management and Science Conference
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    • 2013.11a
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    • pp.99-104
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    • 2013
  • 비용편익분석은 어떤 사업으로 인하여 자연배분의 변화가 생길 때 그에 따른 경제적 편익을 측정하게 되며 사업을 시행하여 생기는 편익과 비용을 비교하여 경제성을 평가하고 대안 중에서 우선순위를 결정할 때 유용하다. 따라서, 본 논문은 자본에 관한 투자기준을 마련하기 위해서 분석용 모델인 "비용편익분석"을 활용 하여 제조기업의 어떤 사업계획에 의하여 생겨나는 자본요소가 어떻게 투자되어야 생산비용을 최소화 할 수 있는지를 자본투자에서 가장 핵심적인 생산설비투자와 기술개발투자에 대한 비용편익분석을 통하여 그 방법론을 제시함으로써, 자본투자에 있어서 "비용효과분석"의 활용성을 확인하고자 한다.

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Customers' Needs Analysis for Investment Decision Making in Residential Facility for Retired Seniors (유료노인주거시설에 대한 투자 의사결정을 위한 수요자 요구 분석)

  • Chin, Mee-Youn;Choi, Jong-Soo
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.2
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    • pp.53-61
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    • 2008
  • It is expected that the market of residential facility for retired seniors will be a new investment field for construction firms. This study describes the questionnaire survey analysis results of potential customers' demand for the facility. For comparison purpose, direct construction cost was estimated by estimation experts. In addition, a case analysis was conducted to compare direct cost and indirect project cost with the experts' estimation. According to the questionnaire survey analysis, it is observed that there were significant differences in demand between groups which are classified by the regions, living expenditures, the level of property ownership and the scales of residence. From an investor's perspective, investment decision on residential facility for retired seniors should be made considering bothe the level of returns which can be generated from the investment and the customers' needs.

The Study on Economic Evaluation for Investment Cost When the Distribution Automation System is Applied (배전자동화 투자비대 경제적 효과분석에 관한 연구)

  • 하복남;한용희;한병성;이흥호
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.7
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    • pp.407-413
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    • 2003
  • Before expanding of distribution automation application to distribution network, we must examine whether there are economical effect. Investment expense for distribution automation can be divided into facility investment expense, maintenance expense, communication expense, investment expense etc. Effect of distribution automation can classify by effect that can convert into money and effect that can not convert into money. Representative effect is outage time decrease effect, distribution line loss decrease effect, main transformer upload effect, distribution line upload effect, work environment improvement effect of lineman and so on. This paper studied economical effect and break-even Point for investment expense by using data that acquire in KEPCO's distribution network.

A Study on the Optimal Investment Method for Distribution Systems Interconnected with Dispersed Generations (분산전원이 연계된 배전계통의 최적 설비투자 방안에 관한 연구)

  • Rho, Dae-Seok
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.12
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    • pp.2179-2185
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    • 2008
  • This paper deals with the optimal investment method for distribution facilities, based on the analytical approach for the reliability assessment in distribution systems interconnected with new dispersed generations. The existing approach can estimate the expected reliability performance of distribution systems by a direct assessment of the configuration of the systems using the reliability indexes such as NDP(Non-Delivery Power) and NDE(Non-Delivery Energy). The indexes can only consider the number and configuration of the load, but can not consider the characteristics of the load which is the one of the most important factor in the investment cost for the distribution systems. Therefore, this paper presents the new performance indexes for the investment of the distribution facilities considering both the expected interruption cost for the load section and the operation characteristics of dispersed generations. The results from a case study show that the proposed methods can be a practical tool for the voltage management in distribution systems including dispersed sources.

Cost Structure of Korean Manufacturing Industries connected with the Central Government's Environmental Investment (중앙정부의 환경투자 관련 제조업의 비용분석)

  • Min, Seung-Ki
    • Journal of Environmental Policy
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    • v.9 no.4
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    • pp.3-27
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    • 2010
  • In this paper, we have analyzed the cost structure of the Korean manufacturing industry in relation to the central government's environmental investment(CGEI below) by applying translog variable cost function. Important findings are as follows. First, sufficiency degree of CGEI of 0.7230, less than optimal level of 1, causes production inefficiency. Therefore, central government should forward a strategy to raise CGEI to meet appropriate standards. In addition, inspite of the deficiency of CGEI, shadow priceis lower than market price due to q-value of 0.9572, yielding unfavorable conditions for CGEI. However, CGEI brings about increase in output, variable cost saving, and economies of scale of firms. Second, by comparing this study with an existing study(2010), we have discovered the following facts. In both studies, we find that there are deficiency of investment, unfavorable conditions in investment, economies of scale, and output increase due to investment. However, the current study has found that, CGEI, which shows efficiency by positive(+) shadow price, saves variable cost. Therefore, firms suffer from production inefficiency due to variable cost caused by a shortage of efficient CGEI. Moreover, the previous study conducted in 2010 found that investment in prevention of environmental pollution(IPEP below), which indicates inefficiency by negative(-) shadow price, cannot reduce variable cost. In such circumstances, firms yield abnormal production efficiency based on variable cost savings caused by inefficient IPEP. For this reason, firms should raise IPEP to optimal level to reduce IPEP inefficiency to achieve production efficiency by reducing variable cost.

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