• Title/Summary/Keyword: Cost Efficiency Analysis

Search Result 1,646, Processing Time 0.025 seconds

A Study on the Development of the Cash-Flow Forecasting Model in Apartment Business factoring tn Housing Payment Collection Pattern and Payment Condition for Construction Expences (분양대금 납부패턴과 공사대금 지급방식 변화를 고려한 공동주택사업의 현금흐름 예측모델 개발에 관한 연구)

  • Kim Soon-Young;Kim Kyoon-Tai;Han Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
    • /
    • autumn
    • /
    • pp.353-358
    • /
    • 2001
  • Since the financial crisis broke out, liquidity has become the critical issue in housing construction industry. In order to secure liquidity, it is prerequisite to precisely forecast cash flow. However, construction companies have failed to come up with a systematic process to manage and forecast cash flow. Until now, companies have solely relied on the prediction of profits and losses, which is carried out as they review business feasibility. To obtain more accurate cash flow forecast model, practical pattern of payments should be taken into account. In this theory, basic model that analyzes practical housing payment collection pattern resulting from prepayments and arrears is described. This model is to complement conventional cash flow forecast scheme in the phase of business feasibility review. Analysis result on final losses in cash that occur as a result of prepayment and arrears is considered in this model. Additionally, in the estimation of construction cost in the phase of business feasibility review, real construction prices instead of official prices are applied to enhance accuracy of cash outflow forecast. The proportion of payment made by a bill and changes in payment date caused by rescheduling of a bill are also factored in to estimate cash outflow. This model would contribute to achieving accurate cash flow forecast that better reflect real situation and to enhancing efficiency in capital management by giving a clear picture with regard to the demand and supply timing of capital.

  • PDF

A Priority Analysis of Construction Strategies for Offshore Supply Base in Korea (국내 해양보급기지(Offshore Supply Base) 구축방안에 관한 우선순위 분석)

  • Jeong, Su-hyun;Kim, Yong-ho;Lee, Ji-won;Shin, Chang-hoon
    • Journal of Korea Port Economic Association
    • /
    • v.32 no.4
    • /
    • pp.57-71
    • /
    • 2016
  • The development of ocean industries is an existing and important problem for South Korea, which is mostly surrounded by sea and has a long coastline along three seas. It is necessary for researchers to make efforts to enhance its cost and time competitiveness, because many ocean-based activities have been carried out in harsh physical conditions when compared with land-based ones. One of these efforts to improve efficiency is to operate an Offshore Supply Base (OSB), which is a basic infrastructure required to develop ocean industries effectively. For this reason, the construction and operation of OSBs have become an issue in Korea. The relevant research is limited. Nevertheless, there are a few reports published by Korean research institution. They focus on promoting ocean industries and only mention the necessity of OSB as a promotion tool for the industries. This study on the other hand, addresses various issues on the construction of OSBs in Korea and suggests implications for them. To examine the conditions on the construction of OSBs in Korea, we conduct case studies of Houston and Singapore, the representative regions where a massive OSB has been constructed and operated. In addition, we use Analytic Hierarchy Process (AHP) to evaluate the relative priorities of the services provided by OSBs if constructed in Korea.

Trigeneration Based on Solid Oxide Fuel Cells Driven by Macroalgal Biogas (거대조류 바이오가스를 연료로 하는 고체산화물 연료전지를 이용한 삼중발전)

  • Effendi, Ivannie;Liu, J. Jay
    • Clean Technology
    • /
    • v.26 no.2
    • /
    • pp.96-101
    • /
    • 2020
  • In this paper, the commercial feasibility of trigeneration, producing heat, power, and hydrogen (CHHP) and using biogas derived from macroalgae (i.e., seaweed biomass feedstock), are investigated. For this purpose, a commercial scale trigeneration process, consisting of three MW solid oxide fuel cells (SOFCs), gas turbine, and organic Rankine cycle, is designed conceptually and simulated using Aspen plus, a commercial process simulator. To produce hydrogen, a solid oxide fuel cell system is re-designed by the removal of after-burner and the addition of a water-gas shift reactor. The cost of each unit operation equipment in the process is estimated through the calculated heat and mass balances from simulation, with the techno-economic analysis following through. The designed CHHP process produces 2.3 MW of net power and 50 kg hr-1 of hydrogen with an efficiency of 37% using 2 ton hr-1 of biogas from 3.47 ton hr-1 (dry basis) of brown algae as feedstock. Based on these results, a realistic scenario is evaluated economically and the breakeven electricity selling price (BESP) is calculated. The calculated BESP is ¢10.45 kWh-1, which is comparable to or better than the conventional power generation. This means that the CHHP process based on SOFC can be a viable alternative when the technical targets on SOFC are reached.

EU Enlargement toward Central and Eastern Europe, Location of Foreign Direct Investment and the Changing of Economic Space (EU의 중.동부유럽으로의 확대와 투자입지 및 경제공간의 변화)

  • Moon, Nam-Cheol
    • Journal of the Korean association of regional geographers
    • /
    • v.10 no.4
    • /
    • pp.698-712
    • /
    • 2004
  • As EU's enlargement toward Central and Eastern countries, it is expected to change of the economic activity space of EU. This paper aims to examine the changing of economic activity space of EU with a locational analysis of foreign direct investment in Central and Eastern countries. The foreign enterprises, particularly EU's firms are increasing the direct investment in the Central and Eastern countries from the middle 1990's for a raising of the efficiency of production and a prior occupation of the potential market. The foreign direct investment in Central and Eastern Europe has a tendency to concentrate in Poland, Hungary, Czech and Slovakia, which has relatively a large market, a cheap and plentiful labor, a stable political system and a positive inviting policy of foreign direct investment. And, the foreign direct investment shows a tendency to locate generally in a big city, which has a advantageous production factors by a well-developed infrastructure and a regional industrial organization, a skilled labors, a market, etc., and in a border area between East and West Europe because of a cheap and plentiful labor, a similar cultural environment and the low cost of transportation. In conclusion, as an integration of the Central and Eastern countries into EU, the capital territories of Hungary, Czech and Poland, and the border area between East and West Europe is becoming a new economic activity space of EU with a location of foreign direct investment. And. the Baltic zone is also expect to become a new economic activity space according to the augmentation of exchanges and direct investment inter near countries.

  • PDF

Drone-based smart quarantine performance research (드론 기반 스마트 방재 방안 연구)

  • Yoo, Soonduck
    • The Journal of the Convergence on Culture Technology
    • /
    • v.6 no.2
    • /
    • pp.437-447
    • /
    • 2020
  • The purpose of this study is to research the countermeasures and expected effects through the use of drones in the field of disaster prevention as a drone-based smart quarantine performance method. The environmental, market, and technological approaches to the review of the current quarantine performance task and its countermeasures are as follows. First, in terms of the environment, the effectiveness of the quarantine performance business using drone-based control is to broaden the utilization of forest, bird flu, livestock, facility areas, mosquito larvae, pests, and to simplify and provide various effective prevention systems such as AI and cholera. Second, in terms of market, the standardization of livestock and livestock quarantine laws and regulations according to the use of disinfection and quarantine missions using domestic standardized drones through the introduction of new technologies in the quarantine method, shared growth of related industries and discovery of new markets, and animal disease prevention It brings about the effect of annual budget savings. Third, the technical aspects are (1) on-site application of disinfection and prevention using multi-drone, a new form of animal disease prevention, (2) innovation in the drone industry software field, and (3) diversification of the industry with an integrated drone control / control system applicable to various markets. (4) Big data drone moving path 3D spatial information analysis precise drone traffic information ensures high flight safety, (5) Multiple drones can simultaneously auto-operate and fly, enabling low-cost, high-efficiency system deployment, (6) High precision that this was considered due to the increase in drone users by sector due to the necessity of airplane technology. This study was prepared based on literature surveys and expert opinions, and the future research field needs to prove its effectiveness based on empirical data on drone-based services. The expected effect of this study is to contribute to the active use of drones for disaster prevention work and to establish policies related to them.

Continuous Passaging of a Recombinant C-Strain Virus in PK-15 Cells Selects Culture-Adapted Variants that Showed Enhanced Replication but Failed to Induce Fever in Rabbits

  • Tong, Chao;Chen, Ning;Liao, Xun;Yuan, Xuemei;Sun, Mengjiao;Li, Xiaoliang;Fang, Weihuan
    • Journal of Microbiology and Biotechnology
    • /
    • v.27 no.9
    • /
    • pp.1701-1710
    • /
    • 2017
  • Classical swine fever virus (CSFV) is the etiologic agent of classical swine fever, a highly contagious disease that causes significant economic losses to the swine industry. The lapinized C-strain, a widely used vaccine strain against CSFV, has low growth efficiency in cell culture, which limits the productivity in the vaccine industry. In this study, a recombinant virus derived from C-strain was constructed and subjected to continuous passaging in PK-15 cells with the goal of acquiring a high progeny virus yield. A cell-adapted virus variant, RecCpp80, had nearly 1,000-fold higher titer than its parent C-strain but lost the ability to induce fever in rabbits. Sequence analysis of cell-adapted RecC variants indicated that at least six nucleotide changes were fixed in RecCpp80. Further adaption of RecCpp80 variant in swine testicle cells led to a higher virus yield without additional mutations. Introduction of each of these residues into the wild-type RecC backbone showed that one mutation, M979R (T3310G), located in the C-terminal region of E2 might be closely related to the cell-adapted phenotype. Rabbit inoculation revealed that $RecCpp40_{+10}$ failed to induce fever in rabbits, whereas $RecCpp80_{+10}$ caused a fever response similar to the commercial C-strain vaccine. In conclusion, the C-strain can be adapted to cell culture by introducing specific mutations in its E2 protein. The mutations in RecCpp80 that led to the loss of fever response in rabbits require further investigation. Continuous passaging of the C-strain-based recombinant viruses in PK-15 cells could enhance its in vitro adaption. The non-synonymous mutations at 3310 and 3531 might play major roles in the enhanced capacity of general virus reproduction. Such findings may help design a modified C-strain for improved productivity of commercial vaccines at reduced production cost.

Analysis of Temperature Gradients in Greenhouse Equipped with Fan and Pad System by CFD Method (CFD 기법을 이용한 팬 앤 패드 냉방 온실의 온도경사 분석)

  • Nam Sang Woon;Giacomelli Gene A.;Kim Kee Sung;Sabeh Nadia
    • Journal of Bio-Environment Control
    • /
    • v.14 no.2
    • /
    • pp.76-82
    • /
    • 2005
  • Evaporative cooling pad system is one of the main cooling methods in greenhouses and its efficiency is very high. However, it has some disadvantages such as greenhouse temperature distributions are not uniform and installation cost is expensive. In this study, a CFD simulation model f3r predicting the air temperature distribution in the fan and fad cooling greenhouse was developed. The model was calibrated and validated against experimental data and a good fit was obtained. The influence of different outside wind, fan and pad height, ventilation rate, shading, and greenhouse length, were then examined. In order to reduce the internal temperature gradients, it is desired that the prevail wind direction and the fan and pad heights are considered. The simulation indicates that high ventilation rates and shading contribute to reduce the temperature gradients in the fan and pad cooling greenhouse. In order to maintain the desired greenhouse temperature, the pad-to-fan distance should be restricted according to the design climate conditions, shading and ventilation rates. The developed CFD model can be a useful tool to evaluate and design the fan and pad systems in the greenhouses with various configurations.

Driving Torque Analysis of Role Driving & Wrapping Arm Rotation Type Round Bale Wrapper (롤 구동 래핑암 회전식 원형베일래퍼의 구동 토크 분석)

  • Yu B. K;Kim H. J.;Oh K. Y.;Choe K. J.;Lee S. H.;Park H. J.;Kim B. K.
    • Journal of Animal Environmental Science
    • /
    • v.11 no.1
    • /
    • pp.11-16
    • /
    • 2005
  • The round bale wrappers are generally used for rice straw after the harvesting of low land rice by combine harvester. In this situation, the bale wrappers should be well adapted under the travelling over raised borders and temporary ditches in soft soil of narrow rice fields. The study was conducted to improve the performance of bale wrapper through the new design for compact size, lowered gravity center and lowered power consumption. The prototype of round bale wrapper had been designed and assembled to tractor with three point hitch mounted. The machine type is one roll driving system with one roll for rotating and one roll for wrapping. The driving torque and work performance of the machines were measured and analysed. The torque requirement of the prototype and conventional type was 6kgf-m and 12kgf-m, respectively. The prototype shaved less friction resistance between bale driving roll and round bale. and the power requirement can also be reduced from 12kgf-m in the conventional to 6kgf-m in the prototype. The work efficiency of the new bale wrapper was $45\%$ higher than the conventional wrapper, and the working cost of the prototype can be reduced $17\%$ than that of the conventional.

  • PDF

A Study of the Removal Characteristics of Heavy Metal(loid)s using by Product from NoMix Toilet and its Characterization (NoMix toilet 에서 발생하는 부산물을 이용한 수용액내 (준)중금속 제거 특성 및 가능성 연구)

  • Shim, Jaehong;Lim, Jeong-Muk;Kim, Jin-Won;Kim, Hae-Won;Oh, Byung-Taek
    • Journal of Soil and Groundwater Environment
    • /
    • v.21 no.1
    • /
    • pp.28-39
    • /
    • 2016
  • Struvite (MgNH4PO4 ⋅ 6H2O) and hydroxyapatite (HAP, Ca10(PO4)6(OH)2) precipitation in urine-separating toilets (NoMix toilets) causes severe maintenance problems and also reduce the phosphate and calcium content. Application of urine separating technique and extraction of by-products from human urine is a cost effective technique in waste water treatment. In this study, we extract urine calcite from human urine by batch scale method, using urease producing microbes to trigger the precipitation and calcite formation process. Extracted urine calcite (calcining at 800℃) is a potential adsorbent for removal of heavy metal(loid)s like (Cd2+, Cu2+, Ni2+, Pb2+, Zn2+ and As3+) along with additional leaching analysis of total nitrogen (T-N), phosphate (T-P) and chemical oxygen demand (COD). The transformations of calcite during synthesis were confirm by characterization using XRD, SEM-EDAX and FT-IR techniques. In additional, the phosphate leaching potential and adsorbate (nitrate) efficiency in aqueous solution was investigated using the calcinedurine calcite. The results indicate that the calcite was effectively remove heavy metal(loid)s lead up to 96.8%. In addition, the adsorption capacity (qe) of calcite was calculated and it was found to be 203.64 Pb, 110.96 Cd, 96.02 Zn, 104.2 As, 149.54 Cu and 162.68 Ni mg/g, respectively. Hence, we suggest that the calcite obtain from the human urine will be a suitable absorbent for heavy metal(loid)s removal from aqueous solution.

E-Governance Practices in Developing Countries. Its Benefits and Challenges. -The Case of Pakistan- (개발도상국의 전자정부 시행에 따른 장점과 문제 -파키스탄 중심으로-)

  • Aftab, Muhammad
    • Industry Promotion Research
    • /
    • v.4 no.1
    • /
    • pp.79-86
    • /
    • 2019
  • The quality of service delivery by governments to their citizens is a subject of concern in the contemporary society. E-governance is a critical aspect that is transforming government operation and service delivery to citizens and other bodies through application of information technology. This research explores the state of e-governing focusing on nations that are developing with special attention to Pakistan. The difficulties and benefits encountered are identified. The results are vital for implementers of e-governing systems in these countries. The methodology applied entails a secondary research that involves analysis and synthesis of literature relating the research topic. The results reveal that Pakistan has made incredible steps in setting up e-governance systems with growth in internet use and access of data from a digital platform. The findings reveal that e-government is associated with multiple benefits including enhanced quality of services, cost efficiency in service provision, enhance transparency and elimination of corruption, provide the basis for eradication of poverty, boost economic stability of a country, and provide room for direct democracy. The research also found that developing countries experience challenges in form of financial constraints, poor ICT infrastructure, illiteracy on e-government, political consensus constraints, legal obstacles, social and cultural constraints. E-government has the capability to transform the quality of governance provided by governments, and policymakers and implementers should address the constraints that act as a hindrance to its implementation.