• Title/Summary/Keyword: Benefit-Cost analysis

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A Study on the Facilities Arrangement of Container Terminal (컨테이너터미널의 시설물배치 연구)

  • Kim Woo-sun;Jung Seung-Ho
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2004.11a
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    • pp.133-143
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    • 2004
  • The purpose of Container Terminal Facilities Arrangement is efficiently arrangement of each unit logistics parts. Facilities Arrangement is rationally accomplished to be minimize moving time, prevent reverse trip, optimal space utilization, benefit of worker, minimize handling cost. Thus, It is important that expert knowledge and mathmatical analysis method to rationally facilities arrangement. In this paper we framed SLP(Systematic Layout Planning} Procedure and described to the process of application.

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An Economic Effect of the selective breeding program on the Oliver flounder Aquaculture (넙치양식 선발육종사업의 경제효과)

  • Hwang, Jin-Wook;Myeong, Jeong-In
    • The Journal of Fisheries Business Administration
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    • v.41 no.1
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    • pp.113-128
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    • 2010
  • This study is aimed to analyze the economic feasibility of the selective breeding program on the Oliver flounder aquaculture. First of all, in order to evaluate this program, we review the concept and research trend on the selective breeding. The objective of this research is the selective breeding program on the Oliver flounder aquaculture in the Genetics and Breeding Research Center, NFRDI. It was conducted to investigated economic effects of three factors of the selective breeding program on the Oliver flounder aquaculture such as fast growth, disease resistance and increase exports. The results of economic analysis of the selective breeding program on the Oliver flounder aquaculture are as follows; First, there were the significant meaning of the economic effects on the technology of the selective breeding program by fast growth, disease resistance and increase exports. Second, we analyzed in the economic feasibility of the selective breeding program on the Oliver flounder aquaculture from 2004 to 2020, internal rate of return(IRR) was 419%, a benefit-cost ratio was shown to be 24.92, net present value(NPV) was 989,942,464 thousand won, which indicates the economic feasibility of the selective breeding program is very high. Finally, in order to improve the economic feasibility, there is need to be focused on the efficient the selective breeding program on the Oliver flounder aquaculture.

Generation of ISAR Image for Realistic Target Model Using General Purpose EM Simulators (범용 전자기파 시뮬레이터를 이용한 사실적 표적 모델에 대한 역합성 개구면 레이다 영상 합성)

  • Kim, Seok;Nikitin, Konstantin;Ka, Min-Ho
    • The Journal of Korean Institute of Electromagnetic Engineering and Science
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    • v.26 no.2
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    • pp.189-195
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    • 2015
  • There are many research works on the SAR image generation using EM(Electro Magnetic) simulation. Particularly, there are several dedicated S/Ws for SAR image generation and analysis. But, most of them are not available to the public due to the reason for defense and security. In this paper, we describe the generation of ISAR images for a realistic target model using the general purpose EM simulator like FEKO. This method can benefit us many advantages like building the database of many targets for target recognition with cost-and-time effective way.

A Liquidated Damages Calculation Method Based on Owner's Substantial Loss (발주자 손실기반 지체상금 산정 개선방안)

  • Jang, Bong-Jo;Shim, Jae-Young;Koo, Jeong-San;Jung, Dae-Won;Koo, Kyo-Jin;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.1 s.35
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    • pp.150-158
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    • 2007
  • The delay of construction is one of the most frequent and complicated elements of the claim. And the liquidated damages cause many disputes during the judgement. The liquidated damages should be a compensation for owner's substantial loss, but actually be applied as a damage for breach of contract. These damages are different from owner's loss and give constructors a excessive burden. So we need a more reasonable system than a lump application system. In this study, we make a Improvement System, that based on owner's substantial loss, and suggest the new liquidated damages calculation method.

Yield Loss in Mulberry Due to Sucking Pest Whitefly, Dialeuropora decempuncta Quaintance and Baker (Homoptera: Aleyrodidae)

  • Bandyopadhyay, U.K.;Kumar, M.V.Santha;Das, K.K.;Saratchandra, B.
    • International Journal of Industrial Entomology and Biomaterials
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    • v.2 no.1
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    • pp.75-78
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    • 2001
  • The whitefly, Dialeuropora decempuncta Quaintance and Baker (Homoptera : Aleyrodidae) causing considerable damage to mulberry, Morus alba. Crop loss caused by the whitefly was estimated in mulberry. Quantitative yield loss was estimated on the basis of harvest data from both sprayed and unsprayed plots. Data on pest incidence has been recorded at weekly intervals in both sprayed and unsprayed plots from 30 th day of plant age till harvesting i.e., 60 days after pruning in August October season. An attempt has been made to establish a relationship between whitefly population and percentage of crop loss due to it. Percentage of crop loss due to whitefly has got a linear relationship with the whitefly population. An initial population of 24 adults/top leaf would be able to cause 24% loss (l,630 Kg leaf/ha ) in a period of 30 days. Economic analysis postulates that application of pesticide can stove a net amount of 1,630 Kg leaf/ha which is sufficient to produce 67.65 Kg of additional multivoltine cocoons. This determines the cost/benefit ratio which will enable to workout the economics of management practices.

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Improved Melody Recognition Performance of a Cochlear Implant Speech Processing Strategy Using Instantaneous Frequency Encoding Based on Teager Energy Operator

  • Choi, Sung-Jin;Ryu, Sang-Baek;Kim, Kyung-Hwan
    • Journal of Biomedical Engineering Research
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    • v.31 no.6
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    • pp.417-426
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    • 2010
  • We present a speech processing strategy incorporating instantaneous frequency (IF) encoding for the enhancement of melody recognition performance of cochlear implants. For the IF extraction from incoming sound, we propose the use of a Teager energy operator (TEO), which is advantageous for its lower computational load. From time-frequency analysis, we verified that the TEO-based method provides proper IF encoding of input sound, which is crucial for melody recognition. Similar benefit could be obtained also from the use of a Hilbert transform (HT), but much higher computational cost was required. The melody recognition performance of the proposed speech processing strategy was compared with those of a conventional strategy using envelope extraction, and the HT-based IF encoding. Hearing tests on normal subjects were performed using acoustic simulation and a musical contour identification task. Insignificant difference in melody recognition performance was observed between the TEO-based and HT-based IF encodings, and both were superior to the conventional strategy. However, the TEO-based strategy was advantageous considering that it was approximately 35% faster than the HT-based strategy.

A Comprehensive Model for Wind Power Forecast Error and its Application in Economic Analysis of Energy Storage Systems

  • Huang, Yu;Xu, Qingshan;Jiang, Xianqiang;Zhang, Tong;Liu, Jiankun
    • Journal of Electrical Engineering and Technology
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    • v.13 no.6
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    • pp.2168-2177
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    • 2018
  • The unavoidable forecast error of wind power is one of the biggest obstacles for wind farms to participate in day-ahead electricity market. To mitigate the deviation from forecast, installation of energy storage system (ESS) is considered. An accurate model of wind power forecast error is fundamental for ESS sizing. However, previous study shows that the error distribution has variable kurtosis and fat tails, and insufficient measurement data of wind farms would add to the difficulty of modeling. This paper presents a comprehensive way that makes the use of mixed skewness model (MSM) and copula theory to give a better approximation for the distribution of forecast error, and it remains valid even if the dataset is not so well documented. The model is then used to optimize the ESS power and capacity aiming to pay the minimal extra cost. Results show the effectiveness of the new model for finding the optimal size of ESS and increasing the economic benefit.

Feasibility Evaluation of End-to-End Application of Single Disposable UHF RFID Tags to Automotive Production Lines (단일 일회용 UHF RFID 태그의 자동차 생산라인 일관 적용에 대한 타당성 검증)

  • Park, Kyujong;Lee, Yong-Han
    • Journal of the Korean Society for Precision Engineering
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    • v.33 no.3
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    • pp.191-198
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    • 2016
  • Traceability is essential in modern automotive manufacturing. Among existing technologies, RFID is the most promising choice for this purpose. However, due to the harsh conditions of production lines, especially in the paint shop, automobile OEMs would require expensive dedicated RFID tags and readers, which are incompatible with standard RFID technologies. Unlike the manufacturing industry, the logistics industry uses UHF label tags for track and trace, which provides high performance and a low price. Recently, this technology has improved to the extent that it can be used in harsh conditions such as on metal parts or in liquid. Herein, we assess the technical, operational, and economic feasibility of UHF label-tag technology for seamless end-toend traceability. Based on prototyping, lab/field tests, and cost-benefit analysis, we have proven that the single disposable UHF tags can successfully replace the problematic and expensive tags used in most domestic automobile OEMs today.

Estimating the Economic Benefits of Conserving Urban Forests in the Capital Region: The Case of Mt. Kwanggyo (수도권 도시림 보존의 경제적 편익 추정 -광교산을 중심으로-)

  • Kwak, Seung-Jun;Yoo, Seung-Hoon;Han, Sang-Yong
    • Environmental and Resource Economics Review
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    • v.12 no.1
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    • pp.1-27
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    • 2003
  • Urban forests have various environmental benefits, contributing to the quality of urban life. However, these values have been underestimated or never been reflected in the urban development planning in Korea. As a result, a number of forests in urban areas were either partly or wholly destroyed without their public's values being assessed explicitly. The objective of this paper is to estimate the economic benefits attached to Mt. Kwanggyo in the Capital Region using contingent valuation method, aiming to provide policy-makers with useful information to make an informed public decision in urban development planning. The survey was carefully designed and implemented to meet a number of recommendation rules suggested in the literature. The overall results show that the respondents well accepted the contingent market and would be willing to pay a significant amount for the proposed program of conserving the mountain. Total economic benefits for the population amounted to approximately 3.8 billion Korean won per year. This quantitative information can be used in cost-benefit analysis of urban development plans.

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Effects of Youth Unemployment Bonus (청년고용촉진장려금 효과 분석)

  • Lee, Chul-In
    • Journal of Labour Economics
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    • v.39 no.4
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    • pp.1-29
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    • 2016
  • This study examines the effects of the "youth unemployment bonus" program implemented in 2004. We view this program through the lenz of search-matching models and apply a quasi-experimental approach to an administrative unemployment insurance database of Korea. This episode is particularly useful because the program aims at long-term unemployed youths and the size of public assistance is large enough to subsidize employers for a year with a monthly subsidy of about $600. The main effects are found to be as follows: (i) the search period gets shortened by 18 days, (ii) the subsequent wage has increased by about three percents, and (iii) a conservative benefit-cost analysis reveals the validity of this program. We interpret these results in the context of general equilibrium models.

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