• Title/Summary/Keyword: Cost Evaluation Method

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Economic Evaluation of ODA Project - A Case of Poultry Farm in Uganda - (우간다 양계부문 ODA 사업의 농가단위 경제성 평가)

  • Yang, Heon-Yong;Seo, Il-Hwan
    • Journal of Korean Society of Rural Planning
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    • v.26 no.4
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    • pp.67-79
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    • 2020
  • As globalization, international cooperation has grown in importance. In accordance with this trend, Korea has been receiving high demands from international organizations about expanding the scale of Official Development Assistance(ODA) in line with its improved national status. In addition, in the economic aspect of Korea, the ODA project is expected to provide new growth opportunities in the mid- to long-term by promoting cooperation with developing countries. Uganda is an area with high strategic value due to good agricultural conditions and favorable geographical conditions. The poultry industry is a business that is generally carried out to the Ugandan, but due to economic problems such as initial investment cost, most of them have raised poultry on a small scale which is not enough for main income. This paper proposes the construction and operation plan of adapting to small poultry farms in the village-intensive type to sustainable income for residents in Uganda through ODA project in Korea's agricultural technology. The economic feasibility was analyzed from the long-term perspective when the initial construction cost was supported or not and the poultry species ratio was adjusted in terms of initial and operating costs. Economic analysis was performed using Net Present Value(NPV) method. As of after 10 years, when operating in the form of shifting kuroiler to layers, it was estimated to earn about 700,000 ugx more than when only kuroiler is raised, and it is able to reduce about 14 million ugx from the initial cost than when only raising layers. As of 20 years, the most profitables scenario was the breeding of 100 kuroilers and 400 layers methods. however, this case was anlayzed to be unsuitable for Uganda farmers, with initial costs more than three times higher than the shifting method of the kuroiler to layers. If the initial construction cost is supported by ODA project, the initial investment cost can be recovered in the first year with the shifting method, whereas raising only layers take two years to recoup the cost. In the meantime, when studying livestock industry in Uganda, it was examined by relying on statistical data, but this paper is meaningful in that it predicted how much it is economically effective based on field experience.

The Development of the Composite Index as a method of rate adjustment (의료보험수가 조정을 위한 복합지표 개발에 관한 연구)

  • 김한중;조우현;이해종
    • Health Policy and Management
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    • v.3 no.1
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    • pp.84-101
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    • 1993
  • The current method of rate adjustment is based on the evaluation of the financial performance of hospitals. The method has the disadvantages such as too complicated, expensive process as well as low reliability due to small sample size. This study, therefore, develops a new model for the rate adjustment with the use of the composite index. In addition to that, it examines the validity of the model by comparing the result of the new method with that of the conventional method. The idea of the new model comes from the Medicare Economic Index(MEI) on which physician fees for the Medicare patients are adjusted periodically in the United States. Medical costs are classified into three groups : labor costs, materials and other expenses. Labor costs are subdivided into physicians and other personnels. Materials are subdivided into drugs and others. Other expenses are subdivided into 5 items. Macro economic indices are selected for each cost item in order to reflect the cost inflation during the specific period. Then the composite index which integrate all items according to the ration of each item in the total costs is calculated. The result from the application of empirical data to the new model is very similar to that of the current method. Furthermore, this method is very simple and also to easy to get social concensus. This model can be replaced the current method based on the analysis of the financial performance for the adjustment of medical fees.

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The Economics Evaluation of Grid-connected Photovoltaic Systems in Residential Houses

  • Lee, Hyun-Seung;Kim, Sung-Bum;Shin, U-Cheul
    • KIEAE Journal
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    • v.15 no.6
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    • pp.5-10
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    • 2015
  • Purpose: To evaluate the economic performance of grid-connected photovoltaic system in residential house, household electricity bill policy of Korea Electric Power Corporation (KEPCO) must be applied precisely, and market tendency and uncertainty of system also need to be considered. In this study, to evaluate the economic feasibility of PV system, we measured PV power generation and electricity consumption of six of Green home in Daejeon through web based remote monitoring system. Method: We applied Monte-Carlo simulation based on life cycle cost analysis, to reflect an uncertainty of main factor in economic feasibility evaluation of photovoltaic system. Result: First, with deterministic analysis, the difference of NPV of cumulative financial savings among households varied from -3,310 ~ 24,170 thousand won, portraying notably big range. Also the possibility of getting the same result was 50% when applying uncertainty. Second, the higher electricity consumption is, the more economic feasibility of photovoltaic system increases because KEPCO uses progressive taxation in household electricity bill policy. Third, The contribution to variance of electricity price increases in NPV varied from 98.5% to 99.9%. While the inflation rate and annual degradation contributed very little to none.

Emergy Cost-Benefit Evaluation of the Down Stream of Nakdong River Using Environmental-Ecological Concept (환경 생태학적 개념을 이용한 낙동강 하류의 에머지 비용-편익 평가)

  • Jung, Hwa-Sook;Lee, Seog-Mo;Son, Hyeng-Sik;Son, Hee-Jong
    • Journal of Environmental Science International
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    • v.22 no.4
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    • pp.507-514
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    • 2013
  • The Nakdong River being used as drinking water sources for the Busan metropolitan city has the vulnerability of water management due to the fact that industrial areas are located in the upper Nakdong River. This study used emergy analysis method to evaluate ecological-economics of water treatment systems of D water treatment plant (WTP) where located in the downstream of the Nakdong River. The emergy methodology is a system evaluation tool that uses energy as the common currency to compare different resources on a common basis. Emergy yield ratio (EYR) and emergy sustainability index (EmSI) of D WTP were 1.16 and 0.18, respectively. It means not resources and sustainable system but consumer goods and not sustainable system. Ratio of emergy benefit to the purchaser (EBP) shows 2.7 times higher than economic costs. To change the weak water source and situations we need to diversity water intake.

Lifetime Evaluation of Power Devices of Single-Phase 5-Level NPC Inverters Considering Mission Profile of PV Systems (미션 프로파일을 고려한 단상 5-레벨 태양광 NPC 인버터의 전력 반도체 소자 수명 분석)

  • Ryu, Taerim;Choi, Ui-Min
    • The Transactions of the Korean Institute of Power Electronics
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    • v.27 no.3
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    • pp.221-227
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    • 2022
  • The reliability improvement of PV systems is an important factor in reducing the cost of PV energy because it is closely related to the annual energy production as well as the maintenance cost of PV systems. The reliability of PV inverters plays a key role in the reliability of PV systems because it is regarded as one of the most reliable critical parts of PV systems. The lifetime evaluation of PV inverters considering the mission profile in the design phase plays an important role in reliability design to ensure the required lifetime of PV inverters. In this paper, the lifetime of representative single-phase T-type and I-type NPC inverters are comparatively evaluated by considering the mission profile of a PV system recorded at Iza, Spain. Furthermore, the effect of the pulse width modulation methods on the lifetime is also discussed. The lifetime evaluation of PV inverters is performed at the component-level first and then the system level by considering all power devices.

Coast Evaluation Techniques for Mode Selection in Video Coding (동영상에서 모드 선택을 위한 코스트 평가 방법)

  • Song, Dae-Geon
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.13 no.6
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    • pp.275-280
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    • 2013
  • Recently, access networking BroadBand the high performance of the video equipment to the Internet via voice, video, multimedia services, such as dealing with the media information dissemination is becoming increasingly attracting attention. More video devices and network environments in the future to keep pace with the high-quality video using the form dealing with an increasingly diversified and shall utilization is expected. Among them, video encoding technology, image compression encoding technology of information technology is one of the central role. Video coding technology that requires a vast amount of information contained in the video signal and the appropriate amount of information to eliminate redundancy as the efficiency of the digital code representing video signal is developed as a technology is going. Therefore, this study applied to video coding mode selection in the cost evaluation methods to examine and to maximize the coding efficiency and the proposed method compared to the conventional method was confirmed excellence.

Probabilistic Risk Evaluation Method for Human-induced Disaster by Risk Curve Analysis (확률.통계적 리스크분석을 활용한 인적재난 위험평가 기법 제안)

  • Park, So-Soon
    • Journal of the Korean Society of Hazard Mitigation
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    • v.9 no.6
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    • pp.57-68
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    • 2009
  • Recently, damage scale of human-induced disaster is sharply increased but its occurrences and damages are so uncertain that it is hard to construct a resonable response & mitigation plan for infrastructures. Therefore, the needs for a advanced risk management technique based on a probabilistic and stochastic risk evaluation theory is increased. In this study, these evaluation methods were investigated and a advanced disaster risk evaluation method, which is based on the probabilistic or stochastic risk assessment theory and also is a quantitative evaluation technique, was suggested. With this method, the safety changes as the result of fire damage management for recent 40 years was analyzed. And the result was compared with that of Japan. Through the consilience of the traditional risk assessment method and this method, a stochastical estimation technique for the uncertainty of future disaster's damage could support a cost-effective information for a resonable decision making on disaster mitigation.

A Basic Study on the Estimating the Value of Sand Beach using amenities (어메니티요소를 활용한 백사장 가치평가의 기초적 연구)

  • Shin, Bum-Shick;Kim, Kyu-Han
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.24 no.6
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    • pp.373-380
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    • 2012
  • The sandy beach along the east coast of Korea offers beautiful scenery with high-quality sand for leisure, and is also famous for the white-sand and pine-tree which is an important scenic resource. Furthermore, the sandy beach helps to maintain natural environment of the costal area and functionates as a disaster prevention system against high waves. There are two major value evaluation methods, Travel Cost Method and Contingent Valuation Method, to assess the value of coastal sandy beach. Contingent Valuation Method is considered to be more appropriate for simultaneous evaluation on the usefulness and the uselessness of the beach. But in order to apply Contingent Valuation Method to coastal sandy beach evaluation, close examination and investigation on the potential bias, such as on questionnaires, surveys and replies, are required. In this study, the characteristic of primary amenity of sandy beach users is investigated, in prior to evaluating the usefulness and the uselessness of the beach measured by contingent valuation method. The characteristic of amenity on major sandy beaches on the east coast of Korea is studied and compared by diverse value evaluation methods.

An Efficient PAB-Based Query Indexing for Processing Continuous Queries on Moving Objects

  • Jang, Su-Min;Song, Seok-Il;Yoo, Jae-Soo
    • ETRI Journal
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    • v.29 no.5
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    • pp.691-693
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    • 2007
  • Existing methods to process continuous range queries are not scalable. In particular, as the number of continuous range queries on a large number of moving objects becomes larger, their performance degrades significantly. We propose a novel query indexing method called the projected attribute bit (PAB)-based query index. We project a two-dimensional continuous range query on each axis to get two one-dimensional bit lists. Since the queries are transformed to bit lists and query evaluation is performed by bit operations, the storage cost of indexing and query evaluation time are reduced significantly. Through various experiments, we show that our method outperforms the containment-encoded squares-based indexing method, which is one of the most recently proposed methods.

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Standardization of the Recipe for the Large-scale Production of Salbob and Ogokbob (쌀밥, 오곡밥의 대량생산 표준레시피 개발)

  • Han, Kyung-Soo;Pyo, Seung-Hui
    • Korean journal of food and cookery science
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    • v.24 no.5
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    • pp.682-690
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    • 2008
  • The principal objective of this study was to develop a standardized recipe for the large-scale production of Salbob and Ogokbob. The recipe was standardized as follows: we collected and recorded the amount of ingredients and production procedures currently being used by cooks in the contracted foodservice management company and hotel-based Korean restaurants. According to the food preferences of Koreans, we selected 2 kinds of rice; Salbob and Ogokbob. We developed a revised recipe and an evaluation form. We conducted a sensory evaluation with 30 panels, using a JAR (just-about-right) scale. We developed a standardized recipe for both kinds of rice. Yield, portion size, temperature, preparation time, equipment, cost, ingredients, weight of ingredients, method, and critical point were all components accounted for in the developed recipe. The factor method and the percentage method were proposed techniques for adjusting the recipe, and a direct measurement table for Salbob and Ogokbob was also devised.