• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.56 no.3
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• pp.258-264
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• 2020

This study aimed to analyze the economic feasibility of the reduction of working safety accidents in stow net fishery through the prevention education to fishing crews. The benefit was evaluated by estimating insurance payment amount that was reduced through prevention education. The decreasing rate of working safety accidents was presumed to follow the experience in Japan. The cost was assumed as the cost of textbook development. Results indicated that IRR was estimated to be 79.9% in case of scenario assuming no additional operating costs while IRR was 56.3% in case of scenario assuming 10% additional operating costs. In addition, the economic feasibility would be secured when annual operating costs increased to 274 million won according to the result of sensitivity analysis.

• Journal of Advanced Research in Ocean Engineering
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• v.3 no.4
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• pp.184-192
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• 2017

The Korea Offshore Wind Power (KWOP) cooperation is planning to construct offshore wind energy farms with an overall rated power of 2.5 GW along the southwestern coast by 2019. Hitherto, various structural types of support structures for offshore wind turbines have been being proposed, but these structures have lacked economic analysis studies. Therefore, their economical superiority to existing types has been difficult to guarantee. An offshore structure with economic efficiency will have a minimum amount of mobilizing equipment and short offshore construction period because of the application of rapid installation methods. Thus, the development of a new support structure with economic efficiency is generally considered to be necessary. Accordingly, this paper proposes a newly developed and more economical jacket type for the offshore support structure. This study confirmed its structural safety and performance by conducting a structural analysis and eigenvalue analysis. The manufacturing and installation costs were then estimated. As a result, the new jacket type of offshore support structure proposed in this study significantly reduced the manufacturing and installation costs. Therefore, it is expected that the proposed jacket will contribute to reducing construction expenses for new wind power farms and invigorating wind power farm businesses.

• Journal of Korean Society on Water Environment
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• v.23 no.3
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• pp.356-366
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• 2007

In this paper a methodology is developed to prioritize replacement of water distribution pipes according to the economical efficiency of replacement and assess the long-term effects of water main replacement policies on water distribution systems. The methodology is implemented with MATLAB to develop a computer algorithm which is used to apply the methodology to a case study water distribution system. A pipe break prediction model is used to estimate future costs of pipe repair and replacement, and the economically optimal replacement time of a pipe is estimated by obtaining the time at which the present worth of the total costs of repair and replacement is minimum. The equation for estimating the present worth of the total cost is modified to reflect the fact that a pipe can be replaced in between of failure events. The results of the analyses show that about 9.5% of the pipes in the case study system is required to be replaced within the planning horizon. Analyses of the yearly pipe replacement requirements for the case study system are provided along with the compositions of the replacement. The effects of water main replacement policies, for which yearly replacement length scenario and yearly replacement budget scenario are used, during a planning horizon are simulated in terms of the predicted number of pipe failures and the saved repair costs.

• IE interfaces
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• v.23 no.3
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• pp.221-228
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• 2010

With the development of science and technology, modern submarines are equipped with high technology devices and multi-functioned precise armaments, consequently, acquisition cost as well as maintenance cost of the submarines are getting higher and higher. However, tight defense budget forces navy to significantly reduce military operating and maintenance costs. In this study, the maintenance and operating costs of submarine Jangbogo-II are estimated through M&S (Modeling and simulation) methodologies in order to reasonably and consistently work out the requirement verification system of Jangbogo-II. The maintenance and operating costs of Jangbogo-II along the next 25 years are estimated as 312.65 billion won via engineering analysis methods while 312.69 billion won from PRICE Model, which shows only 0.04 billion won differences as a whole. This study is expected to be able to provide meaningful decision making data for not only short and/or mid term operating planning but military budgeting.

• Journal of the Korean Operations Research and Management Science Society
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• v.24 no.3
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• pp.93-107
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• 1999

We consider the development of an integer programming model and algorithm for the ATM switching node location problem. There are two kinds of facilities, hub facilities and remote facilities, with different capacities and installation costs. Each customer needs to be connected to one or more hub facilities via remote facilities, where the hub(remote) facilities need to be installed at the same candidate installation site of hub(remote) facility. We are given a set of customers with each demand requirements, a set of candidate installation sites of facilities, and connection costs between facilities, We need to determine the locations to place facilities, the number of facilities for each selected location, the set of customers who are connected to each installed hub facilities via installed remote facilities with minimum costs, while satisfying demand requirements of each customer. We formulate this problem as a general integer programming problem and solve it to optimality. In this paper, we develop a branch-and-cut algorithm with path variables. In the algorithm, we consider the integer knapsack polytope and derive valid inequalities. Computational experiments show that the algorithm works well in the real world situation. The results of this research can be used to develop optimization algorithms to solve capacitated facility location problems.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2004.11a
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• pp.588-591
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• 2004

Recently as people's values are changing from development into quality of life, the needs of environmentally friendly construction are gradually increasing, also popular discontent about the construction pollution such as the noise and vibration cause by construction machinery is increasing. Even though it is impossible to eliminate construction pollution fully, it is necessary to make efforts to reduce construction pollution to a minimum. The first step solving these matters is that the necessary sum of expense must be secured as the environmental budgeting method regarding Environmental management costs. To provide an efficient budgeting method, a interview with the person in charge of environment management was conducted. and the environmental management costs were analyzed through the historical data.

• Journal of the Korean Dietetic Association
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• v.7 no.3
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• pp.274-281
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• 2001

The purpose of this study was to improve menu management of welfare institutions for mental-disorders. Special objectives were: to analyze dietitians' special considerations for menu planning in the view of nutrition, recipients' food preferences, and foodservice management; and to interprete menus by food groups and food costs. An open-ended questionnaire was developed and sent to 55 dietitians of welfare institutions for mental-disorders by a fax. Dietitians were asked to write their special considerations for menu planning relating to the nutrition, recipients, and menu management. A total of 46 dietitians responded to the questionnaires. Also, 32 weekly menus were sent to analyze in this study. Results of this study showed that dietitians considered specially energy, proteins, vitamins, minerals, and fats for recipients's health conditions and daily RDA. However, dietitians wanted more information about right menu plan manuals for psychiatric patients. Analysis of weekly menus showed that milk and milk products were th most insufficient serving food group in these institutions. Also, snacks (p<0.05)and milk products (p<0.05) serving was significantly affected by higher food costs. The results implicated that future research on menu development should be necessary for nutritional balanced meal services in welfare institutions.

• Proceedings of the Safety Management and Science Conference
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• 2002.11a
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• pp.227-232
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• 2002

Enormous flocks by the reduced life cycle of products caused by the technological innovation if later 20 century, development of new materials and diversified demands of customers appeared as the pressing element causing the trouble in management of companies, and when considering the logistic costs that are imposed to companies in terms of function, the costs related to the stock topped the list of costs, followed by the transportation ones, and for pallet pool system, inventory of stocks is very difficult by the number of companies. Reducing the logistic cost may be accomplished by numbers of logistic management methods, but the most fundamental and essential one is the accomplishment of the consistent pallet system that is the core of unit load system, and the purpose of consistent pallet system is the treatment of logistic functions such as transportation, storage and unloading with consistent pallet system, and increasing the turnover ratio is required for the improvement of the system. As the turnover ratios is increased, more pallets will be used so, numbers of empty pallets will be increased accordingly by returning the pallet. Therefore, in this study, we will establish the effective stock management system by comparing with the other existing stock management system after looking at the concept and examples of pallet full system in order to resolved this kind of problem.

• KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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• v.15 no.1
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• pp.7-16
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• 2009

The purpose of this study was to evaluate current packaging modules and design the most acceptable packaging module for domestic and international distribution systems. An optimum packaging module can reduce package costs as well as total distribution costs such as transport, materials handling and warehouse costs. Three different sizes of packaging modules, namely U-type($600{\times}500\;mm$), K -ype($550{\times}366\;mm$) and I-type($600{\times}400\;mm$), were evaluated in terms of the area efficiency and MOEs(measures of effectiveness) for the T-11($1100{\times}1100mm$) and T-12($1,200{\times}1,000\;mm$) pallets. The results showed that the U-type module could fit very well for both pallets and the area efficiency of each module was more than 99 percents. Area efficiency of K-and I-type modules was greatly affected by the pallet footprint dimensions. U-type module also performed better result from MOEs evaluation. Twenty sub-multiple sizes derived from the U-type module were suggested for the future development of the Korean and ISO standards on dimension of transport packages.

• Journal of the Korea Safety Management & Science
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• v.5 no.1
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• pp.33-43
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• 2003

Enormous stocks by the reduced life cycle of products caused by the technological innovation in later 20 century, development of new materials and diversified demands of customers appeared as the pressing element causing the trouble in management of companies, and when considering the logistic costs that are imposed to companies in terms of function, the costs related to the stock topped the list of costs, followed by the transportation ones, and for pallet pool system, inventory of stocks is very difficult by the number of companies. Reducing the logistic cost may be accomplished by numbers of logistic management methods, but the most fundamental and essential one is the accomplishment of the consistent pallet system that is the core of unit load system, and the purpose of consistent pallet system is the treatment of logistic functions such as transportation, storage and unloading with consistent pallet system, and increasing the turnover ratio is required for the improvement of the system. As the turnover ratios is increased, more pallets will be used so, numbers of empty pallets will be increased accordingly by returning the pallet. Therefore, in this study, we will establish the effective stock management system by comparing with the other existing stock management system after looking at the concept and examples of pallet full system in order to resolved this kind of problem.