• Title/Summary/Keyword: Developing valuation

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Usefulness Evaluation of Mammographic Image (유방촬영 영상의 유용성 평가)

  • Kang, Se-Ssik
    • Journal of radiological science and technology
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    • v.27 no.4
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    • pp.49-54
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    • 2004
  • Purpose : To valuate the usefulness of mammographic image by using phantom 1,2 to controls the enhancement of image quality. Procedure : Set up same equipments for experiment (all the qualification must be the same). Control group and 4 other experiment the developing mammographys by using the image system with film/intensifying screen and distribute marks on each test objects of phantom 1, 2. Result : The results of the experiment using phantom 1, 2 on control group and 4 others are : 1. phantom 1's valuation with 3 items. - control group received 29 out of 32 - group A received 25 - group B received 16 - group C received 11.5 - group D received 28.5 The evaluation shows that the system has proved to display excellent image quality except group B and C. 2. Phantom 2's valuation with 4 items. - control group received 38 out of 38 - group A received 30 - group B received 16 - group C received 12.5 - group D received 38 Even with phantom 2, group B and C has displayed poor image quality. Conclusion : Both experiments using phantom 1 and 2 have shown that the most strong factor that control and influence the image quality are the filming equipments. Especially, the developing system has most powerful influence above all.

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A study on the Estimation of Standard Heating City Gas Consumption of Apartment Housing (공동주택의 난방용 도시가스 표준사용량 산정에 관한 연구)

  • Shim, Yun-Hee;Choi, Chang-Ho;Lee, Hyun-Woo
    • Journal of the Korean Solar Energy Society
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    • v.26 no.3
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    • pp.89-97
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    • 2006
  • Our Housing culture continuously changes for the correspondence to social development and changes of economy, and be developing. A massive apartment complex continuously increased, and According to this in our country heating energy consumption of a residential building is continuously increasing at country me whom was limited in order to raise efficient residential land use and diffusion ratio of house. If confirm an element to be able to reduce use of a heating energy, and there is saving possibility to parts of energy saving, this study will present the standard amount used with bases to the gas amount used for heating and Field Test data about room temperature. Execute simulation with building balance (public area, a plain), the gas amount useds such as incense of a building, indoor setting temperature ($^{\circ}C$), a position of an apartment house etc. to affect the energy amount used of a valuation object building of a variable through Field Test and research on the actual condition. Calculate the standard amount used of city gas for winter season heating of a comparative analysis apartment house to data value getting the above results through Field Test and simulations with bases.

Socio-Psychological Model Integrated Evaluations of Forest Recreation Values (통합된 산림휴양기능의 평가를 위한 사회 심리적 평가 모델의 개발과 응용)

  • Shin, Won Sop
    • Journal of Korean Society of Forest Science
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    • v.84 no.4
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    • pp.456-464
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    • 1995
  • The objectives of this study were to (a) describe and quantify the socio-psychological outcomes of forest recreationist, (b) to describe the setting attributes facilitating the outcomes, and (c) to identify which attributes were most important to visitors. During the spring of 1995, 426 visitors from the Worak-san National Park selected for this study. This study identified nine resource attributes (physical, social and managerial), and twelve socio-psychological outcomes on the forest reccreation values. This study also determined that a significant linear relationship exists between resource attributes and visitors' experience outcomes. Use of information on the socio-psychological outcomes sought by recreationists is discussed. Such information would aid in the developing recreation inventory, selecting management tools and techniques, and in the differential economic valuation of recreation resources.

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Assessing the Health Benefits of the Seoul Air Quality Management Plan Using BenMAP

  • Park, Jeong-Im;Bae, Hyun-Joo
    • Journal of Environmental Health Sciences
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    • v.32 no.6
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    • pp.571-577
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    • 2006
  • Health benefits from implementing air quality control measures were assessed using the Environmental Benefits Mapping and Analysis Program (BenMAP). BenMAP developed by US EPA is a GIS-based software tool that estimates the health impacts and associated economic values connected with changes in ambient air pollution. Once a set of BenMAP-required data was collected, the health benefits from implementing Seoul Air Quality Management Plan (SAQMP), an official AQ improvement plan for Seoul Metropolitan Area, was assessed using BenMAP. The PM10 concentrations assuming the SAQMP implemented successfully were predicted with the MM5 (Mesoscale Meteorological model version 5)/CMAQ (Community Multiscale Air Quality) model. A PM 10 exposure related premature mortality function was adopted trom a well-known epidemiology study. Economic valuation functions driven from benefit transfer methods were utilized. Through the SAQMP, PM10 concentrations were estimated to be lowered by $15{\mu}g/m^3\;to\;75{\mu}g/m^3$ depending on air quality modeling grids. 5,569 premature deaths (95% CI $3,264{\sim}7,809$ deaths) could be avoided in the Seoul Metropolitan Area. The economic value of the deaths avoided was estimated to $13.2 billion $(95%\;CI\;$890\;million{\sim}$28.2\;billion)$ using the benefit transfer value. BenMAP could be a useful tool for developing effective air quality improvement policy, enabling the policy makers to anticipate the effects of regulatory changes on people's health and the economy.

Does Fixed Assets Revaluation Create Avenues for Financial Numbers Game? Evidence from a Developing Country

  • RAHMAN, Md. Tahidur;HOSSAIN, Syed Zabid
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.9
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    • pp.293-304
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    • 2020
  • The study reveals the extent of changes in selective financial numbers caused by fixed asset revaluation (FAR) and explores whether there was a management motive for playing the financial numbers game through using the FAR model. The data set consists of a sample of 142 listed companies purposively selected from 13 industries. The study found a significant impact of FAR on the net asset value (NAV), fixed asset intensity (FAI), and debt-to-equity ratio (DER). These findings are supported by the political cost and the debt covenant hypotheses. The study also observed a high growth of fixed assets by 9.5% to 14,603.8% resulting from FAR. More revealing is that FAR increased NAV in revaluer companies by an average of 427.20% as compared to 6.86% in non-revaluer companies. Even some companies with negative NAV took resort on FAR to show positive NAV. Besides, revaluer companies managed to reduce their DER by 70.45% as opposed to an increase of 8.45% in non-revaluer companies. Hence, the study concludes that most of the publicly-listed companies are involved in financial numbers game by the use of the FAR model. To build confidence among investors, companies should practice FAR rightly and disclose related information to help reduce information asymmetry.

The Service Evaluation of Connection and Transfer Facilities in the High-speed Railway Stations (고속철도역의 연계환승시설 서비스 수준 평가)

  • Han, Sung-Yoeb;Kim, Kang-Seob;Park, Min-Kyu;Kim, Si-Gon
    • Proceedings of the KSR Conference
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    • 2009.05a
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    • pp.761-772
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    • 2009
  • The introduction of KTX (Korea Train eXpress) provided passengers with a much faster mode of transport, and KTX has become a model railway system. Express railway stations are emphasized as public transit transfer centers, but their service evaluations were not performed appropriately so far. It is possible to know the level of service by developing valuation criteria for their evaluations. The evaluation of transfer centers mainly consists of two parts; connective service with other travel m odes, and transfer service inside transfer stations. Connection is defined as the inter-connection of multi-transportation vehicles, and transfer means that a passenger changes his travel mode to another. Such connective service and transfer service are evaluated by the level of service in terms of transfer facilities, the appropriateness of station layout and the quality of information throughout the facilities. We developed the service evaluation indicators of connective facilities and referred to the indicators of transfer facilities. We examined the 7 stations in Korea that are currently in operation and standardized the methodology of the evaluation process by applying the indicators suggested in this study.

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Economic Feasibility of Culture Using the Copper Alloy Net Cage and the Profit Model of Fish Farm on Yellowtail, Seriola quinqueradiata (동합금 가두리망 방어양식의 경제성과 수익구조)

  • Hwang, Jin-Wook
    • The Journal of Fisheries Business Administration
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    • v.52 no.2
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    • pp.33-54
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    • 2021
  • This study is aimed to analyze the economic feasibility of yellowtail culture using the copper alloy net cage in Gyeongsangbuk-do. First of all, in order to evaluate the copper alloy net cage on yellowtail culture, I review the trend on the yellowtail culture industry and research the concept of copper alloy net cage. The copper-alloy net cage is now recognized as an advantages of its system stability, recycling, antibiosis and food safety. The results were summarized as follows: first, there was significant meaning of the profit model of yellowtail culture by the price difference. Second, I analyzed in the economic feasibility of yellowtail culture using the copper alloy net cage, internal rate of return (IRR) was 51.58%, a benefit-cost ratio was shown to be 2.27 and net present value (NPV) was 1,087,337 thousand won, which indicates the economic feasibility of yellowtail culture using the copper alloy net cage is profitable. Finally, in order to improve the economic valuation, it is necessary to focus more on the developing of technology and cost reduction strategy on the copper alloy net cage.

The Case on Valuation of IT Enterprise (IT 기업의 가치평가 사례연구)

  • Lee, Jae-Il;Yang, Hae-Sul
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.8 no.4
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    • pp.881-893
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    • 2007
  • IT(Information Technology)-based industries have caused a recent digital revolution and the appearance of various types' information service, being largely expanded toward info-communication device company, info-communication service company, software company etc.. Therefore, the needs to evaluate the company value of IT business for M&A or liquidation are growing tremendously. Unlike other industries, however, IT industry has a short lift cycle and so it doesn't have not only a company value-evaluating model for general businesses but the objective one for IT companies yet. So, this thesis analyzes various value-evaluating technique and newly rising ROV. DCF, the change method of company's cash flow including tangible assets into future value, had been applied during the past industrialization economy era and has been persuasively applied to the present. However, the DCF valuation has no option but to make many mistakes because IT companies have more intangible assets than tangible assets. Accordingly, it is ROV, recognized as the new method of evaluating companies' various options normally and quantitatively, that is brought up recently. But the evaluation on the companies' various options is too subjective and theoretical up to now and due to the lack of objective ground and options, it's not possible to be applied to reality. In this thesis, it is found that ROV is more accurate than DCF, comparing DCF and ROV through four examples. As the options applied to ROV are excessively limited, we tried to develop ROV into a new method by deriving five invisible value factors within IT companies. Therefore, on this occasion, we should set up the basic valuation methods on IT companies and should research and develop an effective and various valuation methods suitable to each company like an internet-based company, a S/W developing enterprise, a network-related company among IT companies.

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Measuring Benefits of Developing a Linear Park in the Gyeongin Expressway Downgrade Project by Applying CVM (CVM을 적용한 경인고속도로 일반화 및 선형공원 조성사업의 편익 측정)

  • Young Sook Eom;Sang Ke Kim
    • Environmental and Resource Economics Review
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    • v.32 no.4
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    • pp.239-266
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    • 2023
  • This study applied the contingent valuation method (CVM) to measure the benefits from an urban liner park that will be created as part of the Gyeongin Expressway downgrade project by Inchon metropolitan city government. The Incheon city government plans to create a liner park (10.5 km) in the middle of the downgraded road to provide leisure and recreation services to residents, and plans to remove retaining walls and soundproof walls to improve the urban residential environment. Considering the characteristics of a liner park that spans several districts in Incheon city and the downgraded road that will be passed by residents of nearby cities as well as Incheon residents, the target population included residents of part of Seoul and several cities surrounding Incheon. In a CVM survey of 1,000 respondents conducted in April 2018, about 70% of the respondents perceived this project positively. About 50% of 757 respondents, excluding protest bids respondents, were willing to pay additional taxes for this project. The more the respondents favored the creation of a linear park and the more they thought that this project would improve the surrounding residential environment, the more positively they evaluated the additional tax payment. The average annual willingness to pay for this project was about 15,300 won for Incheon residents and 6,800 won for residents of Seoul metropolitan area. It is interesting to observe that residents of Seoul metropolitan area, who are not directly affected by this project, were willing to pay a considerable amount for this project.

3D Character Modeling Through Reconstruction of Human Body Information (인체 정보 재구성을 통한 3D캐릭터 모델링)

  • 곽현민;김관웅;조해성;김남희;채균식;박찬종;이상태
    • Proceedings of the IEEK Conference
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    • 2003.07c
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    • pp.2693-2696
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    • 2003
  • The national standard physique research of Korea is being conducted every 5-6 year term after its first research was started in 1979, the fourth research was conducted in 1997. The result of the national physique research was reflected in manufactured goods design of allied industries such as clothing, shoes, furniture. In this thesis, we measured anthropometry value for every bodily figurative classification after dividing users according to gender, age, bodily figure using the result of the national standard physique research. We constructed 3D character through the process of analyzing interrelation of measured anthropometry and measuring representative category. For the process for organization, we measured anthropometry which can express sports action of golf, tennis and etc effectively. We made it by Presenting measurement which is able to form each type of 3D character after the category was decided. Quantitative and objective valuation for posture and action became possible by developing visible information offer and posture action analysis protocol in theoretical approach for analysis of posture and action in sports.

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