• Title/Summary/Keyword: Annual Equivalent Recovery

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A Study on the Calculation of Construction Costs and Their Annual Equivalent Recovery at PECT and GCT (컨테이너부두의 건설원가와 연간투자비 회수에 관한 연구)

  • 이태우;임종길
    • Journal of Korean Port Research
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    • v.14 no.2
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    • pp.165-173
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    • 2000
  • Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not the relationship of the above result and current lease charges at the two terminals are justifiable.

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A Study on the Calculation of ConstrucitIon Costs and Their Annual Equivalent Recovery at PECT and GCT (컨테이너부두의 건설원가 및 연간투자비 회수액 산정에 관한 연구)

  • 이태우;임종길
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 1999.10a
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    • pp.11-18
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    • 1999
  • Major factors that are considered to determine lease charges of container terminals are, among others, construction cost of berth, discount rate, financing cost, and size of annual equivalent recovery. This paper aims to calculate construction costs at PECT and GCT and their annual equivalent recovery on the basis of historical data, and to identify whether or not relationship of the above result and current lease charges at the two terminals are justifiable.

A Study on the Determination of Economic Life of Weapon System by using the PRICE Model (PRICE 모텔을 이용한 무기체계 경제수명 결정에 관한 연구)

  • Kim Seung-Soo;Kang Sung-Jin
    • Journal of the military operations research society of Korea
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    • v.30 no.2
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    • pp.13-31
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    • 2004
  • This paper aims at efficient determining the economic life of weapon systems. Specifically, the procedure to estimate the life cycle cost at initial acquisition state or at development state using the PRICE model is proposed. The PRICE model is a parametric cost estimation which is widely used in the field of national defense. The model includes the estimation of the cost in life cycle of weapon systems such as research and development, acquisition, operation and support. Using this model, economic life of weapon systems can be determined. Based on an equivalent annual cost (EAC) method which sums the capital recovery with return (CR) and the equivalence cost (EC), the economic life will be calculated. A case study is accomplished to illustrate the proposed procedure.

A Study on the Economic Life Cycle of Training Airplane in 'H' University ('H'대학교 훈련용 항공기의 경제적 수명주기에 관한 연구)

  • Chang, Jo-Won;Choi, Se-Jong;Eun, Hee-Bong
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.10 no.1
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    • pp.57-68
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    • 2002
  • The economical aspects should be evaluated to decide the LCC(Life Cycle Cost) of the long life facilities or equipments. Airplane operators evaluate the economical aspects to decide whether they maintain the existing airplane or substitute the new one. This paper presents economic life cycle and economic life cost for both Cessna 172R and Mooney 20J that are operated for flight training in 'H' University. The residual value that is used to calculate the capital recovery rate of the airplane is calculated based on the data from Blue Book published in USA. The annual equivalent on operation cost is calculated based on the 500 flight hours per year which is the annual flight hour for the airplane in 'H' university. This paper showed that economic life cycle of Cessna 172R is nine years since it was introduced in 2001, and Mooney 20J which was introduced in 1991 exceeds the economic life cycle in 2002.

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Total assessment for phosphorus input load of public wastewater and livestock manure treatment facilities in Korea (우리나라 공공하수처리시설 및 가축분뇨공공 처리시설의 인(P) 유입부하량에 대한 총량평가)

  • Kim, Weonjae
    • Journal of Korean Society of Water and Wastewater
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    • v.32 no.4
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    • pp.325-335
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    • 2018
  • The annual total phosphorus load caused by public wastewater, nightsoil and livestock manure treatment facilities in Korea has been examined macroscopically. Annual domestic average phosphorus (P) inflows through the income of phosphate rock for the last five years (2012 - 2016) were analyzed as 76,598 tons/year. As of the year 2015, the total loadings of phosphorus attributed to public wastewater treatment facilities, nightsoil treatment facilities and livestock wastewater were estimated as 30,269 tons/year, 1,909 tons/year and 18,138 tons/year, respectively. Considering the amount of phosphorus imports, the annual phosphorus load from wastewater, livestock wastewater and excretions is equivalent to 39.5%, 23.7%, 2.5% and totally 65.7%(39.5% + 23.7% + 2.5%). Therefore, the introduction of phosphorus recovery and recycling processes for the public wastewater and livestock manure treatment facilities has been found to be effective because it could reduce the import amount of phosphate rock by up to 60% or more.