• Title/Summary/Keyword: Cost Change

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Carbon Emission Analysis Considering Demand Response Effect in TOU Program (TOU 프로그램의 DR 효과를 고려한 탄소 배출 분석)

  • Kim, Young-Hyun;Kwag, Hyung-Geun;Kim, Jin-O
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.6
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    • pp.1091-1096
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    • 2011
  • Currently, the concern about the environment is the issue all over the world, and in particular, carbon emissions of the power plants will not be able to disregard from the respect of generation cost. This paper proposes DR (demand response) as a method of reducing carbon emissions and therefore, carbon emissions cost. There are a number of studies considering DR, and in this paper, the effect of DR is focused on the side of carbon emission reduction effect considering Time-Of-Use (TOU) program, which is one of the most important economic methods in DSM. Demand-price elasticity matrix is used in this paper to model and analyze DR effect. Carbon emissions is calculated by using the carbon emission coefficient provided by IPCC (Intergovernmental Panel on Climate Change), and generator's input-output characteristic coefficients are also used to estimate carbon emission cost as well as the amount of carbon emissions. Case study is conducted on the RBTS IEEE with six buses. For the TOU program, it is assumed that parameters of time period partition consist of three time periods (peak, flat, off-peak time period).

VMD Spatial Composition through Cost Differentiation among Lifestyle Shops (라이프스타일 샵의 가격대 차별화를 통한 VMD 공간구성)

  • Park, Ji-Ye;Han, Hae-Ryon
    • Korean Institute of Interior Design Journal
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    • v.27 no.1
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    • pp.88-96
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    • 2018
  • The income level of people in South Korea has risen as the gross national income per capita reached the milestone of 30,000 dollars. More and more consumers try to change their houses according to their tastes just like they express themselves through clothes, bags, and other fashion items, thus pursuing value-based consumption. The changes to the housing culture including the greater percentage of one- or two-person households and the growing trend of lease and monthly rent have made consumers increase their demands for products to express their lifestyles. As a result, global lifestyle shops with characteristic and diverse concepts entered the South Korean market and were joined by South Korean fashion brands, large-sized stores, department stores, and fancy stationery manufacturers, which launched their own brands, in the expansion of lifestyle shops across the nation. Lifestyle shops have a couple of unique attributes including the relatively clear selection of target consumers and a clear set of VMD strategies accordingly. Based on a judgment that there was cost differentiation among brands, the investigator categorized the comparison and analysis criteria into high, middle, and low prices to apply case analysis. This study set out to analyze VMD strategies for spatial composition through cost differentiation among lifestyle shops, take the results into total consideration, and propose an effective and competitive VMD strategy for lifestyle shops through spatial composition elements.

An Economic Feasibility Study of Manganese Nodule in Korea Area: Clarion-Clipperton Fracture Zone (심해저 망간단괴 개발사업의 경제적 타당성 재평가)

  • Nam, Kwang-Hyun;Oh, Wee-Yeong;Kwon, Suk-Jue
    • Ocean and Polar Research
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    • v.26 no.2
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    • pp.187-197
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    • 2004
  • The purpose of this paper is to investigate economic feasibility of manganese nodules in Korea area (Clarion-Clipperton Fracture Zone). We assumed that the production scale of manganese nodules were 3.0MT or 1.5MT and analyzed that the capital cost and operating cost were estimated in the four sectors, exploration, mining, transportation and metallurgical process. The capital cost and operating cost evaluation reflects the latest technical practices. First, for analyzing economic feasibility, the scenario suggests that the production of 4 metals can be made for 25 years. Assuming the discount rate at 8.0%, equity capital at 50% and tax at 27%. When manganese nodule were mininged 3.0 MT, economic feasibility analyses showed that IRR was 12.8 and pay-back period was 9.2 years, and when manganese nodules were mininged 1.5 MT, economic feasibility analyses showed that IRR was 4.0 and pay-back period was 11.8 years. This study indicated there is economic validity of at the product of manganese nodules 3.0 MT. In addition, we carried out a sensitivity analysis at the change of cobalt price on mining 1.5 MT. The result of sensitivity analysis clearly showed that economic validity is high at increasing of cobalt price 50% up.

Comparison of Case Management between Tele Care Regions and General Care Regions in Korean Medicaid (의료급여 수급자의 건강관리 및 의료이용에 대한 텔레케어 사례관리의 효과)

  • Lee, Hyun-Joo;Oh, Jin-Joo;Choi, Jeong-Myung
    • Journal of Korean Academy of Nursing Administration
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    • v.16 no.4
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    • pp.381-388
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    • 2010
  • Purpose: The purpose of the study was to compare recipients' health behavior, attitude to using medicaid, medication compliance, and the changes in hospital cost and visit-day of in-patient and out-patient care between tele-care regions (TCR) and general care regions (GCR) in Korean medicaid. Method: The design of the study was ex-post facto comparing recipients in TCR and GCR. The sample included 625 persons in TCR and 410 persons in GCR. To collect materials, the case manager interviewed recipients of medicaid and filled out questionnaires which were analyzed through SAS/PC 9.1. Results: In studying health behavior and medication, compliance was not significant. However, the attitude to using medicaid was significantly more positive in TCR than in GCR. In out-patients, the change of hospital visit-day was not significant between TCR and GCR, but TCR showed a reduction in hospital cost compared to GCR. For in-patient recipients, GCR showed a greater reduction in changes in hospital cost and visit-day compared to TCR. Conclusions: The results of the study show that attitudes to using medicaid via telephone are positive and results are more effective than hospital visit consultation, and the cost of out-patient care could be reduced.

Generation of Robotic Assembly Aequences with Consideration of Line Balancing Using a Simulated Annealing (조립라인의 밸런싱을 고려한 자동 조립 순서 추론)

  • Hong, Dae-Seon;Jo, Hyeong-Seok
    • Journal of Institute of Control, Robotics and Systems
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    • v.1 no.2
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    • pp.112-118
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    • 1995
  • In designing assembly lines, it is required that the lines should not only meet the demand of the product, but also minimize the assembly cost associated with the line. For such a purpose, numerous research efforts have been made on either the assembly sequence generation or the assembly line balancing. However, the works dealing with both the research problems have been seldom reported in literature. When assembly sequences are generated without consideration of line balancing, additional cost may be incurred, because the sequences may not guarantee the minimum number of workstations. Therefore, it is essential to consider line balancing in the generation of cost-effective assembly sequences. To incorporate the two research problems into one, this paper treats a single-model and deterministic (SMD) assembly line balancing (ALB) problem, and proposes a new method for generating line-balanced robotic assembly sequences by using a simulated annealing. In this method, an energy function is derived in consideration of the satisfaction of assembly constraints, and the minimization of both the assembly cost and the idle time. Then, the energy function is iteratively minimized and occasionally perturbed by the simulated annealing. When no further change in energy occurs, an assembly sequence with consideration of line balancing is finally found. To show the effectiveness of the proposed scheme, a case study for an electrical relay is presented.

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A Complex Sampling Design for the Estimation of Korean Livestock Production Cost (축산물생산비조사를 위한 복합표본설계)

  • Kim, Soo-Taek;Kim, Young-Won
    • The Korean Journal of Applied Statistics
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    • v.21 no.4
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    • pp.675-694
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    • 2008
  • We propose a new sampling design for the Korean Livestock Production Cost Survey. In this sampling design, the survey population is derived from the 2005’s agricultural census of Korea. And coefficient of variation(CV) is estimated from the current livestock production cost survey data, and the estimated CV’s are used to find the optimal sample size which satisfies the predetermined precision of estimation. In order to save the enumeration cost, the agriculture enumeration districts are used as a primary sampling unit(psu). Final sample is selected by double sampling. Also, we propose the estimator which is able to reflect the change of the population of livestock production households.

RELIABLE ROLE OF NUCLEAR POWER GENERATION UNDER CO2 EMISSION CONSTRAINTS

  • Lee, Young-Eal;Jung, Young-Beom
    • Nuclear Engineering and Technology
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    • v.39 no.5
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    • pp.655-662
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    • 2007
  • Most decision makers in the electricity industry plan their electric power expansion program by considering only a least cost operation, even when circumstances change with differing complexities. It is necessary, however, to analyze a long-term power expansion plan from various points of view, such as environmental friendliness, benefit of a carbon reduction, and system reliability, as well as least cost operation. The objective and approach of this study is to analyze the proper role of nuclear power in a long-term expansion plan by comparing different scenarios in terms of the system cost changes, $CO_2$ emission reduction, and system reliability in relation to the Business-As-Usual (BAU). The conclusion of this paper makes it clear that the Korean government cannot but expand the nationwide nuclear power program, because an increased energy demand is inevitable and other energy resources will not provide an adequate solution from an economic and sustainability point of view. The results of this analysis will help the Korean government in its long-term resource planning of what kinds of role each electric resource can play in terms of a triangular dilemma involving economics, environmental friendliness, and a stable supply of electricity.

A study on economic analysis of new renewable energy power(photovoltaic, wind power, small hydro, biogas) (신재생에너지 발전(태양광, 풍력, 소수력, 바이오가스)의 경제성 분석 연구)

  • Kim, Chong-Min;Kim, Ki-Young
    • Journal of the Korean Solar Energy Society
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    • v.28 no.6
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    • pp.70-77
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    • 2008
  • The purpose of this study evaluates a feasibility and economical efficiency of new renewable energy. According as weather change is serious problem now days, every people make attention to the reduction of greenhouse gas. The revitalization of new renewable energy creates the variety of energy source, stability of energy supply and reduction of greenhouse gas. In this study evaluates a feasibility and economical efficiency from new renewable energy of various photo voltaics, wind power, small hydro and biogas. Feasibility does in standard of technical characteristic, politic support, marketability, establishment present condition and development aim. Economical efficiency does in standard of developmental unit cost, utilization factor, equipment life, politic support cost, interest ratio. The results of this study were as follows photo voltaics, wind, small hydropower, biogas in order feasibility is high. Developmental unit cost, utilization factor, equipment life, politic support cost and analyzed the relationship of interest ratio fluctuation and economical efficiency. From all new renewable energy the utilization factor most is important in economical efficiency but necessary utilization factor is difficult because environmental problem.

A Study on Changes in Cost of Housing at Marriage by Age Group in Terms of Inter-generational Transfers (세대간 자산이전측면에서 연령대에 따른 결혼시 주거자금 마련 변화추이)

  • Lee, So-Young
    • Journal of Families and Better Life
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    • v.29 no.4
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    • pp.205-216
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    • 2011
  • Unequal distribution of shares among children during intergenerational transference of assets has been prevalent in Korea. This study intends to examine whether parental contribution, in the form of a cash gift, is differentiated between the bride's side and the bridegroom's side at marriage and by age group. This pattern may also change according to the generation. Questionnaires were equally distributed to members of three previously delineated age groups: 20' s-30' s, 40's -50's, and 60's and above who are married or have been married at least once and reside in Seoul or Gyeonggi province. A total of 700 questionnaires were analyzed using SPSS and the data were sorted by age group. The results indicate an apparent difference between the husband's side and the wife's side in providing funding for housing at marriage in that a large portion of the funding is provided by the husband's side. Among various funding sources, a cash gift from the couple's parents appears to fund the largest portion of the total cost for housing and marriage. Results show that a cash gift from the couple's parents funds a larger portion of housing expenses for younger generations, a phenomenon that becomes more severe and apparent the younger the couple is.

A Case Study of Oversea's Low Cost Carrier Terminal (LCCT) for Hub Network Competitiveness (허브경쟁력 강화를 위한 해외 저가항공사 터미널(LCCT) 활용 사례연구)

  • Hwang, Sung-Youn;Kim, Jong-Hyun;Park, Sung-Sik;Kim, Kee-Woong
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.22 no.4
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    • pp.15-24
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    • 2014
  • Low Cost Carrier(LCC)s in Asia Pacific market are expected to record high growth due to the expansion of Open Sky Policy among Korea, Japan, China and South East Asia. As everybody is aware of, LCC is not only saving flight cost but also creates differentiating business model by reducing unnecessary services such as F&B and in-flight duty free sales services. Booming LCCs in Asian market will cause not only Incheon airport but also other local airports in Korea to compete heavily to attract LCCs. For example, Air Asia Group with more than 200 fleet has expanded its alliance network throughout Asia. Therefore this paper has researched a new business model operating a LCC terminal for the hub airport competitiveness. According to analysis result of case study, it was found out, considering increasing airline demand next decade, Incheon airport and other domestic airports in Korea had better change an existing terminal into a LCC Terminal(LCCT) to differentiate airport services and expand its hub network. That is because of economic feasibility, first of all, of securing hub and spoke networking capabilities with airlines and finally of developing commercial facilities customizing LCC passengers' demand.