• Title/Summary/Keyword: project benefits

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Practical Issues in Application of RFID to Pipeline Construction and its Benefit Analysis

  • Yun, Ki Cheol;Oh, Chi Don;Cho, Nam Ho;Kim, Kyong Ju;Park, Chan Sik
    • Journal of Construction Engineering and Project Management
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    • v.4 no.2
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    • pp.1-7
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    • 2014
  • Radio Frequency Identification (RFID) has been applied to the construction industry for improving the efficiency of material and process management. Most RFID-related studies have focused on building or plant construction. The application of RFID has been limited in pipeline construction projects where materials are stored and stacked across a large construction site. This paper investigates practical issues in pipeline construction, improves the read rates of RFID tags, and tests their utility by putting them into practice. This paper demonstrates the benefits that may be expected with the use of improved RFID tags and the development of an automated pipeline construction management system. As a result, pipeline construction management time decreased by 28 hours per month compared to the conventional method. Cost decreased by about 26%.

Foreign Direct Investment Projects of Korean Companies

  • Choi, Yeana;Yuce, Ayse
    • The Journal of Asian Finance, Economics and Business
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    • v.3 no.1
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    • pp.5-14
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    • 2016
  • This paper investigates announcement effects of the outward foreign direct investment (FDI) projects of the Korean multinational companies. Although the FDI is considered corporate activity that can provide various benefits beyond financial resources, the most previous research focused on macro analysis such as country-level and industry-level analysis instead of the firm-level study, which is required to decide the investment project from a management perspective. Thus, this study examines the relationship between the outward FDI activities of the Korean corporations and their financial performance to fill the gap in this area.

수주생산 환경에서의 웹 기반 DFX 시스템 개발

  • 차경호;김재균;황성룡
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.322-325
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    • 2001
  • This paper is focused on the development of the DFX system which can support the task that designer or project teams analyse and evaluate the feasibility of the product concept quickly, and then improve the problem of the product and process design before the manufacture in the M-T-O (make-to-order) environments. In this paper, we importantly treated three points for the effective development of the DFX system. The first, we proposed the procedure and architecture of the DFX system which fit with the M-T-O environments. The second, we designed and implemented the DFX prototype system on the WWW, in order to allow the multi-accessing and multi-processing regardless of time and position. The last, we described the benefits of the Web-based DFX system.

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Economic Feasibility on the Interconnected Electric Power Systems in North-East Asia

  • Chung, Koo-Hyung;Kim, Bal-Ho H.
    • Journal of Electrical Engineering and Technology
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    • v.2 no.4
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    • pp.452-460
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    • 2007
  • The interstate electric power system, as an alternative for energy cooperation under regional economic block, was fervently debated prior to the restructuring of electric power industries and rapidly expanded in many regions since the 1990s. Especially, electric power system interconnection in the Northeast Asia region may bring considerable economic benefits since this region has strong supplementation in resource holdings, load shape, fuel mix, and etc. In this paper, we implement the ORIRES model, proposed by ESI of Russia, in order to analyze the economic feasibility on the Northeast Asia Region Electrical System Ties (NEAREST) project.

Relative Measurement of Differential Electrode Impedance for Contact Monitoring in a Biopotential Amplifier

  • Yoo, Sun-K.
    • International Journal of Control, Automation, and Systems
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    • v.5 no.5
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    • pp.601-605
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    • 2007
  • In this paper, we propose a simple and relative electrode contact monitoring method. By exploiting the power line interference, which is regarded as one of the worst noise sources for bio-potential measurement, the relative difference in electrode impedance can be measured without a current or voltage source. Substantial benefits, including no extra circuit components, no degradation of the body potential driving circuit, and no electrical safety problem, can be achieved using this method. Furthermore, this method can be applied to multi-channel isolated bio-potential measurement systems and home health care devices under a steady measuring environment.

Pre and Post Evaluations on IT Platform Migration to Open Systems

  • Shim, Seon-Young;Kim, Eun-Jin
    • Journal of Information Technology Applications and Management
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    • v.15 no.3
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    • pp.1-25
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    • 2008
  • IT platform migration to open systems (IPMO) bears a great deal of risk over all the associated processes, in terms of a major IT investment. Hence it requires empirical data and references for decision making. Although there have been a number of published papers encouraging or discouraging IPMO, the studies that deliver useful empirical evidence for IPMO decisions are rare. The obvious first step to resolve this problem would be to gain lessons from the organizations who experienced IPMO. Based on the Delphi study, we examine both the pre and post evaluations on IPMO benefits and risks and analyze the underlying reasons of different evaluations from different stages. Our results identify the most important factor the organizations should seriously consider, and which factor is easy to neglect at the ex-ante appraisal stage.

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Methodology for Estimating the HTS Cable Market Price (초전도케이블 시장진입 가격 산정 방법론 고찰)

  • Kim Jong-Yul;Lee Seung-Ryul;Yoon Jae-Young
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.10
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    • pp.536-541
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    • 2004
  • As power demand increases gradually, the call for underground transmission system increases. But it is very difficult and high in cost to construct new ducts and/or tunnels for power cables in metropolitan areas. HTS (High Temperature Superconducting) cable has the several useful characteristics such as increased power density, stronger magnetic fields and/or reduced losses. Therefore HTS cable can allow more power to be moved in existing ducts, which means very large economical and environmental benefits. In these days, companies world-wide have conducted researches on HTS cable. A development project for a 22.9kV class HTS cable is proceeding at a research center and university in Korea. In this paper, we investigate the expected price of HTS cable to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional cable is calculated and based on this, the expected price of HTS cable is evaluated, which HTS cable is competitive against conventional cable.

Benefit/Cost Analysis of Robot-based Automated Construction System (로봇 크레인 기반 시공자동화공법의 편익/비용 분석)

  • Kim, Tae-Hoon;Lee, Ung-Kyun;Yoo, Wi-Sung;An, Sung-Hoon;Doh, Nak-ju;Cho, Hun-hee;Kang, Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.133-134
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    • 2011
  • While researches related with construction automation have dramatically increased, a Robot-based Automatic Construction system (RCA system) has developed for high-rise buildings in Korea. At the aspect that wide adoption of the RCA system is dependent on economic efficiency comparing with a conventional method, feasibility study on the RCA system should be implemented. However, due to practical limitations, the RCA system has tested to a seven story building. Based on the test results, this study implements a cost/benefits analysis to a simulated forty story building in order to derive more reliable data on the RCA system's practicability.

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Study on the change in Economic Efficiency for Developing Mountain Railway Based on User's Willingness to Pay by Age (이용자 연령별 지불의사 수준에 따른 북한산 산악철도 경제성 변화 연구)

  • Lee, Jong-Seong;Eom, Jin-Ki;Moon, Dae-Sup;Lee, Hi-Sung
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.1310-1319
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    • 2010
  • This paper has shown that Linear Induction Motor(LIM) and Rack and pinion type are efficient in selecting railway routes and systems after considering time, geo-spatial characteristics and the floating population by benchmarking domestic and overseas mountain trains. The benefit-cost analysis through the use of modeling on user's willingness to pay is conducted as a means that provides access to tourism resources. this paper concludes that the benefit-cost varies in response to changes in the amount of user's willingness to pay by age. It is expected that this paper serves as a reference data in the introduction stage of the mountain train project implemented by central or local governments with tourism resources in mountainous areas as the mountain train has turned out to be economically efficient while various potential benefits that have not been included in the benefit-cost analysis need to be quantified and remain to be studied further.

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Application of the induction type furnace for HGL (용융아연도금라인(HGL)의 Induction Type Furnace 적용)

  • 이만식
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 1999.08a
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    • pp.111-118
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    • 1999
  • This article describes the basic engineering concepts to be considered in the application of an induction heating furnace in the hot-dip galvanizing line. Experience in the Dongkuk project in Pohang, has shown that this arrangement has many advantages over the conventional method of using a combustion-gas heated furnace. Investment and operating costs are lower, the line length is much shorter, line operation is more convenient, air pollution is reduced, and the coated strip at of top-quality. As these benefits become well known, it is anticipated that the concept of induction heating will be more widely used in both new and revamped process lines. Induction heating is suitable for the production of Commercial Quality hot galvanized coils. More research is required to extend the present concept to the production of higher forming grades such as Drawing, Deep Drawing and Extra Deep Drawing Quality steels. A combination of induction heating and combustion-gas heating may lead to the way to the processing of these qualities of strip.

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