• Title/Summary/Keyword: return cost

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직접석탄액화 공정의 경제성 평가 (Economic Evaluations of Direct Coal Liquefaction Processes)

  • 박주원;권영진;김학주;정헌;한춘
    • Korean Chemical Engineering Research
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    • 제47권1호
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    • pp.127-132
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    • 2009
  • 석유를 대체할 수 있는 현실적 대안으로 주목받고 있는 직접석탄액화(direct coal liquefaction, DCL) 공정의 경제성을 평가하고자하였다. 이때 역청탄을 이용하여 주요 제품(디젤, 나프타) 생산량 50,000 bbl/day의 규모에 대하여 각 공정에 적합한 검토기준을 세워 비용 및 매출액등을 산정하였다. 또한 각 공정별 민감도 분석을 실시하여 공정에 대한 중요 변수들의 가격 변동에 따른 경제성을 평가하였다. 본 생산량을 기준으로 Illinois #6 유연탄을 원료탄으로 사용하였을 때, 총 투자액은 $3,994,858,000로 나타났다. 내부수익률(internal rate of return, IRR)의 경우, 기본조건에서 각각 6.60%로 나타났으며, 원료석탄 가격과 생산 제품 판매가에 가장 크게 영향을 받는 것으로 나타났다. 원금상환 기간은 12.8년으로 긴 시간을 요구하며, 이는 현재의 고석탄가 때문으로 해석된다. 또한 민감도 분석 결과 제품가격, 원료석탄 가격, 건설비의 변동률 순서로 수익률에 변화를 주는 것으로 나타났다.

회수 품질이 불확실한 재제조 시스템의 회수 가격 결정 모형 (Procurement Pricing Strategy for Remanufacturing System under Uncertainty in Quality of Used Product)

  • 이지수
    • 한국산학기술학회논문지
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    • 제17권8호
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    • pp.691-697
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    • 2016
  • 재제조란 고객시장으로부터 회수된 중고품의 닳거나 고장 난 부품을 성한 것으로 교체하여 재제조품 시장에 재판매하는 것을 말한다. 본 논문은 사용된 제품의 회수량이 회수 가격의 함수로 나타나며 일정 계획기간 동안의 재제조품에 대한 수요량이 주어진 경우의 회수 및 재제조 정책을 다룬다. 회수한 사용후 제품은 분해 검사를 통하여 품질을 확인하며 검사가 끝난 회수제품의 품질이 고품질과 저품질의 두 부류로 분류되고 품질 수준에 따라 재제조비용이 상이해 지는 현실적 상황을 가정한다. 두 부류의 분류확률에 불확실성이 없는 경우 및 불확실성이 있는 경우 각각을 대상으로 재제조 시스템의 총비용을 최소화 하는 회수가격 및 재제조 정책을 결정하기 위한 수리모형을 개발한다. 개발한 모형의 수리적 특성을 분석하여 최적해를 구하는 절차를 찾아내고, 최적해가 얻어지는 경우를 분석하여 재제조시스템의 생산경영자에게 시사해주는 검사비용 크기의 경영학적 함의를 밝힌다. 수치 예를 통하여 검사비용 및 회수품 시장규모가 변화함에 따라 최적회수가격이 변화하는 양태를 분석하여 최적해의 민감도를 분석하고, 고품질과 저품질의 어느 한 부류로 분류되는 확률의 불확실성이 커질 때 불확실성을 무시한 의사결정의 오류가 어떻게 변화하는지 고찰한다.

위험도를 고려한 최소비용 도시우수관망 설계의 최적화 모형개발 (I): 모형의 개발과 시험유역의 적용 (Development of Optimal Design Simulation Model for Least Cost Urban Sewer System Considering Risk (I))

  • 장석환;박상우
    • 한국수자원학회논문집
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    • 제38권12호
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    • pp.1021-1028
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    • 2005
  • 본 연구는 도시 우수관망 설계 시 주어진 설계유랑을 효율적이고 경제적인 단면 구성과 관망에 따른 우수배제능력을 극대화시키기 위해 최적화된 설계를 통하여 경제적인 우수시스템을 설계할 수 있는 모형의 개발이 이루어져야 할 필요성이 있다. 이에 본 연구에서는 최적화 기법으로 동적계획법(Dynamic Programming : DP)의 특수한 방법인 이산미분형 동적계획법(Discrete Differential Dynamic Programming : DDDP)를 이용해 최적화된 설계조건을 구할 수 있도록 하였다. 이산미분형 동적계획법의 기법은 설계유랑과 맨홀의 위치가 결정되면 그에 따른 최적 우수시스템이 될 수 있는 관의 용량, 경사, 수위, 수심, 위험도, 회수비용 등을 결정할 수 있는 방법으로 이는 공사비용에 따른 최소비용을 목적함수로 위험도 분석을 통하여 최적화된 조건을 찾는 방법으로 모형개발을 하였다.

패션 온라인 쇼핑몰에 따른 반품이유와 반품물류서비스 만족도 (Online Shopping: Satisfaction of Return Services and Return Reasons According to Types of Fashion Shopping Malls)

  • 김지수;나영주
    • 감성과학
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    • 제23권1호
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    • pp.3-16
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    • 2020
  • 최근 패션 e 커머스 시장이 팽창됨에 따라, 온라인쇼핑몰시장이 급격히 증가하고 있으며 경쟁이 치열한 상황이다. 많은 유통업자들은 온라인 쇼핑몰에 뛰어들어 물류서비스 품질에 대한 노력을 기울이고 있다. 본 연구는 패션온라인 쇼핑몰에 대하여 고객만족도와 재구매율에 영향을 주는 물류서비스 품질이 무엇인지, 또 성별에 따라서 차이가 있는지 조사하였다. 200명의 온라인 쇼핑몰 이용자를 대상을 표집하였으며 SPSS25 패키지를 이용, 분산분석, 요인분석, t-test, 상관분석 등 통계 분석하였다. 그 결과, 반품이유에 따라서 성별에 따른 차이를 나타내었는데, 품질에 차이를 보이거나 다른 제품이 배달되어도 남성은 여성보다 반품을 덜 하고 있었다. 또 패션온라인 쇼핑몰에서도 반품물류서비스는 일반적인 물류서비스 요소와 동일하게 정보성, 신뢰성, 신속성 등 3가지로 나눌 수 있었으며, 이에 대한 평가와 고객만족은 정적인 상관관계를 나타내었으며, 이는 재구매 의도에도 유의한 영향을 미치는 것으로 나타났다. 셀렉 쇼핑몰이 반품이유, 재구매 의도와 만족도가 높은 반면에 전문쇼핑몰이나 일반 쇼핑몰은 비교적 낮은 것으로 나타났다. 반품물류 유통은 물류서비스의 품질과 구성요소 뿐만 아니라 잡지와 같은 정보를 제공하는 페이지 및 콘텐츠를 추가함으로써 고객의 만족도 및 재구매율이 높아질 것이다.

장기한계비용을 이용한 한국의 최적 수도요금결정에 관한 연구 (A Study on the Optimal Water Pricing by Long Run Marginal Cost in Korea)

  • 김태유;유승훈;박중현
    • 상하수도학회지
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    • 제10권3호
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    • pp.100-114
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    • 1996
  • Besides insufficient water, water contamination confronts us with 'water crises' of both quantity and quality. However, the daily water consumption per capita of Korea is greater than that of other developed countries. Because of the current low water price, which is lower than a half of production cost, not only does it become difficult to cope promptly with rapidly increasing water demand and water contamination, but it also causes waste of water. We should, therefore, switch over from supply side management-oriented policy to demand side management-oriented policy through a raise of the water rate. This study carries out a cost analysis based on fair return method which is the principle of water pricing in Korea, and it estimates, through equilibrium analysis, long run marginal cost(LRMC), which satisfies allocative efficiency and reflects true social cost to additional one-unit water supply. Based on the results, this study proposes that the estimated LRMC is the optimal price level in water pricing, which is the most important of the demand side management policies. In the end, water conservation effect, price pervasive effect, and social welfare effect are analyzed.

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Optimal Operation Scale of Hog Production for Farrow-to-Finish Farms

  • Huang, Y.H.;Lee, Y.P.;Yang, T.S.
    • Asian-Australasian Journal of Animal Sciences
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    • 제14권9호
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    • pp.1326-1330
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    • 2001
  • This study analyzed the lowest production cost and the greatest profit to be obtained from marketing hogs to determine the optimal operation scale for family-owned farrow-to-finish farms. Data were collected from 39 farrow-to-finish farms with 500 to 5,000 inventories for two consecutive years, and treated with GLM and quadratic regression models using the REG procedure. Analysis results indicated that farms capable of marketing 2,933 and 3,286 hogs annually had the lowest production cost and the greatest profit, respectively. Further analysis attributed the lowest production cost or the highest return in farms with an optimal scale of 3,000 to a higher survival rate of the herd, as well as lower expenses in veterinary medicine, labor, utilities and fuel, transportation, and depreciation. A similar feed conversion efficiency was observed for all the farms studied. Obviously, the cost efficiencies were associated with the economy of the operation scale of hog production until it reached 3,000 hogs marketed annually for a family-run unit. Beyond the optimal scale of 3,000 hogs, good stockmanship was more difficult to maintain and the herd management deteriorated as increasing mortality confirms. It is conclude that, unless advanced management is applied, the operation scale should not expand beyond 3,000 hogs.

A Manufacturing/Remanufacturing System with the Consideration of Required Quality of End-of-used Products

  • Guo, Jianquan;Ko, Young-Dae;Hwang, Hark
    • Industrial Engineering and Management Systems
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    • 제9권3호
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    • pp.204-214
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    • 2010
  • A manufacturing/remanufacturing system is investigated with the consideration of required minimum quality of end-of-used products. A constant demand is satisfied by remanufacturing end-of-used products and manufacturing raw materials outsourced from outside. It is assumed in this system that the buyback price and remanufacturing cost are related to the different quality level of end-of-used products. For remanufacturing, only the used products that satisfy a required minimum quality level will be recycled. Thus, the returning rate is a function of the required minimum quality level. Functions of returning rate, buyback price and remanufacturing cost, which are closely connected to the quality level of end-of-used products, are investigated here. Treating the required minimum quality level of end-of-used products, the length of a cycle, the number of manufacturing lots and remanufacturing lots in a cycle as decision variables, the mathematical models with the objective of minimizing the average total cost are constructed. Through construction of a solution process based on Tabu Search algorithm and calculating examples, the validity of the models is illustrated.

Cost and Profit Efficiency of Banks: Stochastic Frontier Analysis vs Data Envelopment Analysis

  • Baten, Md. Azizul;Kasim, Maznah Mat;Rahman, Md. Mafizur
    • 아태비즈니스연구
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    • 제6권2호
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    • pp.1-17
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    • 2015
  • This study compares the most widely used parametric and non-parametric techniques to measure cost and profit efficiency of banks, namely the Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA). We formulate the specification form of both stochastic cost and profit frontier models and constant return to scale Cost DEA and Profit DEA models and provide an empirical assessment of the cost and profit frontiers based on a panel dataset of National Commercial Banks (NCBs) and Private Banks (PBs) in Bangladesh over the 2001-2010 period. The cost inefficiency and profit efficiency are slightly higher for PBs than NCBs in case of both SFA and DEA. The coefficients of advance and off-balance sheet items are significant that positively influence the banks in stochastic cost frontier model while the advance, other earning assets, price of borrowed fund are significant and negative effects on the banks in stochastic profit frontier model. The average cost inefficiency and average profit efficiency are recorded with 16.3% and 91% respectively. The highest and lowest cost inefficiency are observed for Janata Bank and United Commercial Bank Limited whilst the highest and lowest profit efficiency are recorded for Eastern Bank Limited and Janata Bank respectively. The average technical and allocative efficiency are 68.8% and 35.9%, respectively in case of CRS cost-DEA model whereas they are 70.3% and 31.8% in case of CRS profit-DEA model. The average cost inefficiency is recorded 6.3% by SFA whereas it is 24.5% by DEA. The average profit efficiency is found 91% by SFA while it is 22.1% by DEA, and SFA method shows better bank efficiency than DEA.

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배수개선사업(排水改善事業)의 경제적효과분석(經濟的效果分析) (A Study on Economic Impacts of Drainage Projects)

  • 김재홍;임재환
    • 농업과학연구
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    • 제10권2호
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    • pp.371-381
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    • 1983
  • This study is aimed at identifying the economic effects of drainage improvement projects. The total area of poor drainage is equivalent to 170,000ha, 13% of the total area of paddy field in Korea. The development of poor drained paddy is an urgent problem considering the low rate of self-sufficiency of food grain and the limitation of farmer's income increase. Rapid development of Korean economy has brought labor shoriage in rural farming sector. Accordingly farm mechanization is an important agricultural policy to hike labor productivity and to save production costs of rice farming. The expected economic benefits of the drainage improvement project are derived from increasing land productivity, expanding double cropped area and farming the farm mechanization base in paddy fields. The economic and financial rate of return of the project are considered very important decision making criteria for project implementation by resource allocation. Therefore this study covered benefit and cost analysis of the sampled area, the estimated financial rate of returns in $Buy{\check{o}}$ and Jinsung are represented 15% and 51% respectively and the economic rate of returns in both project area are also showing 1% and 26% respectively. The rate of return of the projects has showed an outstanding variance according to the locational and natural characteristics of the project area. As showing the above economic rate of return, $Buy{\check{o}}$ is very low Jinsung is very high. But the financial rate of return of both projects are considered comparatively high. Cosequently, the drainage improvement projects should be promoted from the view point of farm income increase to make narrow the income gap between rural and urban incomes and farm mechanization to solve labor shortage in the rural area.

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Economic Analysis of Channel Catfish Production in Ponds

  • Cho Sung Hwoan;Lovell Richard T.
    • Fisheries and Aquatic Sciences
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    • 제1권2호
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    • pp.255-259
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    • 1998
  • This study was designed to evaluate the economic analysis of channel catfish production in 1998 based on fish value and total feed cost. Catfish received higher protein feeds with lesser amount based on the dietary protein levels, but received the constant total protein input for all treatments. Weight gain per pond for treatment 1 $(28\%\;protein,\;100\%\;of\;satiation)$ was higher (P<0.10) than for treatment 3 $(36\%\;protein,\;77.8\%\;of\;satiation)$, but not significantly higher than for treatment 2 $(32\%\;protein,\;87.5\%\;of\;satiation)$ at constant DE. At constant DE/P (treatments 4, 2 and 5), weight gain per pond for treatment 5 $(36\%\;protein,\;77.8\%\;of\;satiation)$ was lower (P<0.10) than for treatment 2, but not significantly lower than for treatment 4 $(28\%\;protein,\;100\%\;of\;satiation)$. At constant DE, feed conversion slightly improved as dietary protein level increased from $28\%\;to\;32\%$ and feed allowance decreased by $12.5\%$, but did not improve further as dietary protein level increased from $28\%\;to\;36\%$ and feed allowance decreased by $22.2\%$. At constant DE/P, feed conversion improved as dietary protein level increased from $28\%\;to\;32\%$ increased and feed allowance decreased by $12.5\%$, but did not improve as dietary protein level increased from $28\%\;to\;36\%$ and feed allowance decreased by $22.2\%$ Total feed cost for treatment 1 was slightly, but not significantly higher than for treatments 2 and 3 at constant DE. At constant DE/P, total feed cost for treatment 5 was higher (P<0.05) than for treatment 2, but not significantly higher than for treatment 4. Total value of fish ($ /ha) produced for treatment 1 was highest and lowest was for treatment 5. Return above feed cost was highest for treatment 1 and nearly the same as treatment 2. Return over feed cost for treatments 3 and 4 were slightly lower than for treatments 1 and 2. Economic analysis showed that feeding fish the diet containing $28\%$ protein and 3.08 kcal/g DE to satiation and the diet containing $32\%$ protein and 3.08 kcal/g DE to $87.5\%$ of satiation produced the highest profit to farmer.

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