• Title/Summary/Keyword: lowest total cost

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Empirical study of the scale economies of office buildings in Seoul (서울시 오피스빌딩 규모의 경제에 관한 실증분석)

  • Keum, Sang Su
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.11
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    • pp.6630-6638
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    • 2014
  • The concerns for higher returns among investors in Korea are increasing as local interest rates lag behind the global market. The aim of this study was to provide a basis for estimating the precise return on investment to private investors and stakeholders of office buildings by identifying the optimal scale estimation of office building space, derived from managerial expenses. The literature on the economies theories of scales were reviewed, and the average administrative costs on an appropriate scale were assessed by cross-analysis and regression analysis using the U-shaped quadratic and cubic function. The findings suggest that the average office building managerial costs are approximately 6-11% according to the region, 10-13% according to the grade, and 8-9% according to size. Corporate-owned buildings represent the highest in terms of the average managerial costs, and there is an approximately 11.5% difference when it comes to outsourcing. In addition, the elapsed year showed that approximately 5.3 years to meet the lowest U-shaped curve of the average managerial cost. The 'Total floor area' variable shows a ${\bigcap}$-shape as it continue to increase to 72,000-Pyung then decrease gradually. This study presents the fundamental proposition of efficient and practical management of cost, lease and operation for real estate management firms by utilizing LCC.

Development and Economic Effect of Integrated Optimum Operation System using Wide Area Energy (광역에너지이용 통합 최적화 운전 시스템 개발 및 경제적 효과)

  • Lee, Hoon;Kim, Lae-Hyun;Chang, Won-Seok
    • Journal of Energy Engineering
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    • v.18 no.4
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    • pp.221-229
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    • 2009
  • This study develops the optimized operation program which enables effective and economic operation between individual and connected branch offices by analyzing the current status and influential indicators of district heating companies' capital branch offices. Accordingly, the study examines the efficiency of optimized operation program. In doing so, this study has diagnosed and analyzed various factors, such as boilers, pumps, and relevant tags (temperature, pressure, fuel amount) through investigation of individual branch offices, and finally succeeded in developing wide-ranging data base by factor covering one-year time period. Additionally, after running the optimized operation program, different branch offices, optimum preference has turned out "incinerator receiving heat from KEPCO>CHP >PLBs>PLBw." Meantime, except the connected offices, there has been no big difference between actual and optimum operation program in branch offices. Meanwhile, the integrated optimum operation program has made it possible the most optimal result only via the connecting supply and demand heat without changing received Heat from KEPCO which is the same as total productive heat. The result has showed that the reduction percentage per day is 2.45~6.80%, and the reduction cost per day is 22,727~60,077 thousand won given the randomly selected sample days. In particular, winter time shows the highest demand with the largest reduction cost whereas summer time illustrates the lowest demand with the smallest reduction cost. Given this result, reduction cost per year compared to actual heat production cost for one year theoretically would be 84 hundred million won. Also, the economic effect showed that the reduction cost percentage per year is more than 2.74% on heat production cost per year for all capital branch offices.

A Study On Irrigation Water Price Structure and Prescription (농업용수의 가격구조에 관한 연구)

  • 심기영
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.15 no.4
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    • pp.3170-3180
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    • 1973
  • This study of the subject will review past and present irrigation development in Korea. Particular attention will be given to water pricing structure and a case study on the purpose of rational operation and management of irrigation water and organizations, and the optimum irrigation water and organizations, and the optimum irrigation water fee inorder to reduce farmers burden and to rationalize the farmland associations management so as to achieve development of the rural environment. In 1971, the reservoir of the Farmland Improvement A sociation (FIA) produced only 775 millison $m^3$ of irrigation water or 77% of planned capacity of 1,015 million $m^3$. It was caused by inefficient maintenance of irrigation facilities; for instance, about 21% of reservoirs, pumping stations and weirs in Korea have been silted by soil erosion which hinder to water production according to an ADC survey. The first Irritation Association was established in 1906, whcih was renamed the Farmland Assoeiation by the Rural Development Enouragement Law in 1970. By the end of 1971, 411,000 ha of rice paddies were under the control of 267 associations nationwide. The average water price assessed by Associations nationwide rose from 790 won per 0.1 ha. in 1966 to 1,886 won in 1971. The annual growth rate was 20%. The highest water price in 1971 was 4,773 won her 0.1 ha. and the lowest was 437 won. This range was caused by differences in debt burden, geographic conditions and management efficiency among the Associations. In 1971, the number of Associations which exceeded the average water price of 1,886 won per 0.1 ha. was 144, or 55.1% of all Association. In determination of water price, there are two principles; one is determined by production cost such as installation cost of irrigation facilities, maintenance cost, management cost and depreciation ect. For instance, the Yong San River Development project was required 33.7 billion won for total construction and maintenance cost is 3.1 billion won for repayment, maintenance and management cost per year. The project produces 590 million $m^3$ of irrigation water annually. Accordingly, the water price per $m^3$ is 5.25 won. The other principle is determined by water value in the crop products and in compared with production of irrigated paddy and non-irrigated paddy. By using this method, water value in compared with paddy rice vs. upland rice(Average of 1967-1971) was 14.15 won per $m^3$ and irrigated paddy vs. non-irrigated paddy was 2.98 won per $m^3$. In contrast the irrigation fee in average association of 1967-1971 was 1.54 won per $m^3$. Accordingly, the current national average irrigation fee(water price) is resonable compared with its water value. In this study, it is found that the ceiling of water price in terms of water value is 2.98 won per $m^3$ or 2,530 won per 0.1 ha. However, in 1971 55% of the associations were above the average of nationwide irrigation fees. which shows the need for rationalization of the Association's management. In connection with rationalization of the Association's management, this study recommends the following matters. (1) Irrigation fee must be assessed according to the amount of water consumption taking intoaccount the farmer's ability. (2) Irrigation fee should be graded according to behefits and crop patterns. (3) Training personnel in the operation and procedures of water management to save O&M costs. (4) Insolvent farmland association should be integrated into larger, sound associations in the same GUN in order to reduce farmers' water cost. (5) The maintenance and repair of existing irrigation facilities is as important as expansion of facilities. (6) Establishment of a new Union of Farmland Association is required to promoted proper maintenance and to protect the huge investment in irrigation facilities by means of technical supervision and guidance.

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The Effect of Vitamin E and Vitamin C on the Performance of Japanese Quails (Coturnix Coturnix Japonica) Reared under Heat Stress during Growth and Egg Production Period

  • Ipek, A.;Canbolat, O.;Karabulut, A.
    • Asian-Australasian Journal of Animal Sciences
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    • v.20 no.2
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    • pp.252-256
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    • 2007
  • This study was carried out to determine the effect of vitamin E and vitamin C on the performance of Japanese quails (Coturnix coturnix japonica) reared under heat stress during the growth and egg production period. A total of 810 seven-day-old Japanese quails were used in the trial. The birds received a diet with either three levels of vitamin E (DL-${\alpha}$Tocopheryl acetate) (60, 120 and 240 mg/kg of diet) and vitamin C (ROVIMIX STAY-C 35) (60, 120 and 240 mg/kg of diet). Live weight on day 35 and weight gain were the lowest in the group of chicks on a combination of 60 mg of vitamin E and 60 mg of vitamin C, whereas the highest live weight was demonstrated in chicks on a combination of 240 mg of vitamin E and 240 mg of vitamin C (p<0.01). The effects of treatments on cumulative feed consumption, feed conversion ratio, age at 5% lay, sexual maturity weight, rate of lay and mean egg weight values were found to be significant (p<0.01). The highest feed consumption, feed conversion ratio, age at 5% lay, sexual maturity weight, rate of lay and mean egg weight values were found in the group on a combination of 240 mg of vitamin E and 240 mg of vitamin C. The effect of treatments on the mortality ratio was found to be insignificant (p>0.01). The cost of supplementing diets with vitamin E and vitamin C is very low. Therefore such a combination of supplement can offer a potential protective management practice in preventing heat stress related losses in performance of Japanese quails.

Livestock Production under Coconut Plantations in Sri Lanka: 1. Social, Cultural and Economic Aspects of Buffalo Production

  • Jayatileka, T.N.;Weerakkody, P.R.;Ibrahim, M.N.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.11 no.5
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    • pp.586-596
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    • 1998
  • The relevance and importance of buffalo production under coconut plantations in the North Westen Province of Sri Lanka was studied in three districts (Bingiriya, Pannala, Kuliyapitiya). The objective of the study was to collect baseline information on socioeconomic and cultural aspects of buffalo production, with a view to promote and disseminate new technologies. The survey technique used consisted of a formal survey using a structured questionnaire (71 households) and rapid appraisal (55 households). The results indicate the existence of a wide stratification of dariy farmers which ranged from skilled dairy operators with high levels of production and management of efficiency to marginal subsistence farmers with low levels of productivity. The most frequent family size of households ranged from 4-5 members (58%), and the average family size was 4.7. The actual average land ownership accounts to 2.4 ha of upland and 0.5 ha of lowland, but when their accessibility to common property resources are taken into account, the land availability was assessed at 13 ha and 0.7 ha of upland and lowland, respectively. The highest average monthly income (Rs. 13,590) was received by farmers with off-farm employment (primary) who are also engaged in livestock production (secondary), and livestock contributed 43% of the total income. Livestock farmers who practised integrated crop farming as a secondary source of income received a monthly income of Rs. 10,843, and those involved in crop production as the primary source received the lowest average income (Rs. 7,295). The survey revealed a high investment cost on concentrate feeds (47%) for milk production. However some farmers obtained higher milk yields (11 litres/cow/day) at lower ration costs, and this could be attributed to the entrepreneurship skills and management efficiency. The study area had a well developed market infrastructure for fresh milk, principally due to the existence of the Nestle's company and the Coconut Triangle Milk Union. On an average the producer collected Rs. 10 per litre of milk marketed.

Effects of Chinese tourists' beauty tour preferences and attitude toward Korean culture on beauty tour purchasing behaviors (중국 관광객의 뷰티관광 선택속성과 한국문화 친밀성이 뷰티관광 구매행동에 미치는 영향)

  • Jeong, Ha-Eun;Kim, Mi Young
    • The Research Journal of the Costume Culture
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    • v.24 no.5
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    • pp.653-669
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    • 2016
  • This study examined how Chinese tourists' beauty tour preferences and attitudes toward Korean culture impacted their purchasing behaviors, repurchasing intentions, and the likelihood that they would recommend the products and services they received. Between the 10th and 21st of June, 2016, a total of 277 questionnaires were distributed in Seoul, Busan and Daegu using SPSS 21.0. On the surveys, beauty tour preferences were divided into the following categories: human service, high quality service, convenience accessibility & cost, and facility & atmosphere. The study found that high quality service and convenience & accessibility significantly affected respondents' purchasing intentions, with high quality service showing the higher standardized beta value. Friendliness to Korean culture also had a significant impact on beauty tour purchasing intentions. Preference for human service, high quality service, and facility & atmosphere significantly affected the purchasing intentions and the likelihood o f respondent recommendations, with higher standardized beta values shown (from high est to lowest) in the preference for facility & atmosphere, and preference for human service and high quality service respectively. Concerning perceptions of beauty products, preference for quality had a significant impact on the repurchasing intentions and intentions of respondents to make recommendations, as did the respondents', friendliness toward Korean culture. This study suggests that, to be most effective, beauty tours should emphasize human service and facility & atmosphere, as well as high quality service. In addition, preference for beauty services or products, and friendliness to Korean culture must be considered.

Biofiltration of soil Vapor Extraction Off-gas from Gasoline Contaminated Soil Using a Compost (퇴비를 이용한 가솔린 오염토양증기추출 배가스의 바이오필터 처리)

  • 남궁완;박준석
    • Journal of Korea Soil Environment Society
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    • v.4 no.3
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    • pp.25-33
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    • 1999
  • The recent emergence of biofiltration as a cost effective waste-gas control technology has stimulated in European countries and the USA. Biofiltration of soil vapor extraction off-gas from gasoline contaminated site was simulated in lab-scale in this study. A filling material used was a compost. This study was conducted to evaluate biofiltration characteristics of the compost material for gasoline off-gas. TPH elimination capacity at the gas loading rate of about 50g/$\textrm{m}^3$((filling material)/hr was circa 40g/$\textrm{m}^3$((filling material)/hr. Removal rate of xylene was the highest among BTEX. while it was the lowest in case of bezene. The maximum elimination capacity of the compost was about 1.5g/$\textrm{m}^3$((filling material)/hr for benzene. More than 95% of trimethylbenzene and naphtalene were removed below the loading rate of 0.7g/㎥(filling material)/hr. About 80% of total TPH and BTEX were removed by biodegradation.

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Study on the Present Situation and Management of Free Meal Service for Elderly at Sungnam area (성남 지역의 노인을 위한 무료 급식시설의 급식 서어비스 현황 조사)

  • Lee, Young-Mee;Kim, Min-Kyung;Byun, Hee-Kyung
    • Journal of the Korean Society of Food Culture
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    • v.12 no.1
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    • pp.87-96
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    • 1997
  • The purpose of this study is, to examine current foodservice management practices at free meal service organization for elderly people and, to evaluate the attitude of recipients about the service and their ecological background. 6 meal service center as well as randomly selected 120 recipients at Sungnam area were surveyed and interviewed and result were summarized as follow. The cost of each meal (lunch) was ranged from 1,300 won to 1,500 won and number of attendant at meal service were ranged from 50 to 200 persons. Meal time for lunch begins from 10:30 am to noon because greater portion of people (elderly) didn't take breakfast frequently. Most of the center adapted self-service system. Standard recipe was not developed and meal preparation was controlled under the experiences of volunteer’s. Recording system of, nutrition management, production control, storage and inventory control was not well adapted by most of the center. In order to measure the level of storage, sanitation etc., scorin system in survey was adapted in this study and result are as follow: The score of sanitation of kitchen was lower than dinning area and that of food storage was lowest score. It was suggested that not only financial but also systematical support on management by local government may be necessary to meet the goal of supply nutritionally balanced food at the center. The score given by the recipient on the satisfaction of meal service was rate as 4.8 at the 5-point maximum scale. Meeting friends and share social relationship was major reason (41.6% of the total) of visiting to the center. It is suggested that in order to meet the changes of the patterns of change of social and family structure, the service of the center should be extended in urban area and it is necessary to develop systematic management models for the center.

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Sensory and Physical Characteristics of Consomme Prepared with Different Ratios of Beef and Chicken (쇠고기와 닭고시의 배합비에 따른 Consomme의 관능적 및 물리적 특성)

  • Kim Young-Sik;Jang Myung-Sook
    • Journal of the East Asian Society of Dietary Life
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    • v.15 no.5
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    • pp.582-590
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    • 2005
  • The application of consomme prepared with different ratios of ground beef and ground chicken to improve taste preferences and the cost of foodstuffs was attempted by reviewing fundamental data and the effect on the sensory and physical characteristics of treatment These treatments were prepared with different ratios(9:1(A), 7:3(B), 5:5(C), 3:7(D), 1:9(E) w/w) of ground beef and ground chicken, respectively. Sensory properties were evaluated in the aspects of both acceptability and intensity. From the acceptability aspect, A treatment showed the highest scores in smell, B in mouthfeel and taste, A and B in color and overall acceptability, respectively. In terms of acceptability, B treatment was favored most for color, mouthfeel, taste and overall acceptability except smell. The more the ground chicken, the higher the intensity aspect E treatment showed higher values than A in all the intensity aspects. Moisture contents and crude proteins increased by increasing the mixed ratio of ground beef, whereas crude ash, solid matter and pH increased by increasing the mixed ratio of ground chicken. Tumidity values were the highest in E treatment, whereas the lowest in A. Tumidity values were increased significantly by increasing the mixed ratio of ground chicken. Viscosity increased by increasing the mixed ratio of ground chicken. The highest viscosity was shown in E treatment The colorimetric lightness values(L) decreased and redness(a), yellowness(b) and total color difference values(AE) increased significantly by increasing the mixed ratio of ground chicken. This experimental study showed that A and B treatment had the highest values in overall acceptability. The results of analysis in crude protein, solid matter, tumidity and viscosity were increased by increasing the mixed ratio of ground chicken. B treatment prepared with a ratio of 7:3 of ground beef and chicken had the most favorable sensory quality. These results suggested the basic information to improve acceptability and to save the costs of Consomme recipes for foodservice institutions.

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A Study on the Optimization of a Renewable Energy System in Fire Station Buildings (소방서건물의 신재생에너지시스템 최적화에 관한 연구)

  • Lee, Yong-Ho;Hong, Jun-Ho;Cho, Young-Hum;Hwang, Jung-Ha
    • Journal of the Korean Solar Energy Society
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    • v.33 no.1
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    • pp.79-88
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    • 2013
  • This study set out to evaluate the economy, environmentality, and complexity (economy+environmentality) of fire station buildings of public service facilities and propose ways to apply the optimization of renewable energy system to fire station buildings. As for economy according to life cycle costs, economy increased when the application percentage of the geothermal and solar heat system increased over the three renewable energy system types (geothermal, solar heat, and solar photovoltaic). On the other hand, economy decreased when the application percentage of the solar photovoltaic system increased. As for environmentality according to tons of carbon dioxide, environmentality decreased when the application percentage of the geothermal and solar heat system increased. Environmentality increased when the application percentage of the solar photovoltaic system increased. As for complexity (economy+environmentality) according to the weighted coefficient method, complexity increased when the application percentage of the geothermal system increased. It was highest at the combination of the solar heat system (20%) and geothermal system (80%). On the other hand, complexity decreased when the application percentage of the solar photovoltaic system increased. It was lowest at the combination of the solar photovoltaic system (80%) and geothermal system (20%).