• Title/Summary/Keyword: Direct production cost

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Income Analysis of Orange Farming in China (중국 밀감재배의 소득분석)

  • Kim, Jai-Hong;Pan, Li
    • Korean Journal of Agricultural Science
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    • v.36 no.2
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    • pp.233-244
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    • 2009
  • This study analyzed the income of orange farming of Lichuan, Jiangxi Province in China. Using a questionnaire, 36 farmhouseholds of Lichuan were surveyed. The results are as follows. First, through the investigation of Lichuan orange farming farmhouseholds, we know that the direct expenses of Lichuan orange is around 2,250 RMB/10a and the direct expenses per household's are about 32,000 RMB. The average production of Lichuan orange is 1,548 kg/10a and the income is around 2,200 RMB/10a. The results showed that in Lichuan area orange farming benefit is more than rice so orange farming has been increasing. Second, the direct expense of Lichuan orange farming, 91% is material cost, 8% is labor cost, depreciation cost is only 1.4%. This result show that orange farming in Lichuan is very labor intensive. Third, there are a lots of young orange trees in Lichuan, so income would be increasing through the year.

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Ripple Effect Analysis of Construction Standard Unit Price in Public Construction (공공건설공사 표준시장단가 적용 파급효과 분석)

  • Jin, Zheng-Xun;Baek, Seung-Ho;Lee, Ju-Hyun
    • Journal of the Korean Society of Industry Convergence
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    • v.25 no.6_3
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    • pp.1207-1219
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    • 2022
  • 「Act On Contracts To Which The State Is A Party」 stipulates that the "Construction Standard Production Rate" and "Construction Standard Unit Price" be used as the criteria for determining the estimated price of construction works performed by public institutions. In this regard, issues such as the application scope of the Construction Standard Unit Price, and the effect of budget reduction continue. However, due to the lack of quantitative data on the actual application of Construction Standard Unit Price, it is difficult to objectively evaluate various issues. In order to prepare data for objective evaluation of the Construction Standard Unit Price, this study analyzed the ripple effect of applying the Construction Standard Unit Price based on the bill of quantity. As a result of the analysis, the Construction Standard Unit Price ripple effect in the civil engineering part was 9.2%, and it was analyzed that there was a ripple effect of about 1.9% based on the civil engineering direct cost. In the construction part, the ripple effect was analyzed to be relatively high at 17%, but it was found to have a ripple effect of about 3% in the construction direct cost. Based on the total direct cost, the ripple effect was calculated as 2.2%. Based on the analysis results, it is possible to evaluate the effect of applying the Standard Market Unit Price, and it is expected to be used as basic data to solve issues. As a future study, it is necessary to additionally analyze the ripple effect by Standard Market Unit Price application range (over 10 billion, over 20 billion won, etc.) and delivery system type (comprehensive evaluation, qualification examination, technical bidding, etc.). In addition, it is necessary to study the appropriate ripple effect of the Standard Market Unit Price.

A Study on Improving the Occupational Safety and Health Management Cost Calculation Standards (산업안전보건관리비 계상기준 개선방안 연구)

  • An, Bang-Yul;Song, Tae-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.169-170
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    • 2020
  • Occupational Safety and Health Management Cost, used to protect workers in Korean construction worksites and to create safe working environments, is a legally managed expense item. As this cost item is grounded on the Occupational Safety and Health Act, it is always implemented. However, because there is a ceiling on its rates, insufficient amounts of Safety Management Costs are often allocated to worksites, with the money not being used to areas essential to worker safety. As such, the current study raises the need to develop a set of standards to enable some items under the Occupational Safety and Health Management Costs-appropriated under the rate of indirect costs-to be appropriated as direct construction costs. As a preliminary step in this effort, the current study will provide basic data that can be used to create construction cost calculation standards for items that can be calculated as direct construction costs.

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An Analysis of Contribution Rates of Irrigation Water and Investment for Farmland Base Development Project to Rice Production (농업용수(農業用水)와 농업생산기반조성사업투자(農業生産基盤造成事業投資)의 미곡생산기여도(米穀生産寄與度) 분석(分析))

  • Lim, Jae-Hwan
    • Korean Journal of Agricultural Science
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    • v.31 no.2
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    • pp.135-148
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    • 2004
  • Rice is not only main food but also key farm income source of Korean farmers. In spite of the above facts, rice productivity was decreased on account of drought in every 2 or 3 years interval owing to the vulnerability of irrigation facilities throughout Korea in the past decades. As an context of the first five year economic development plan, all weather farming programme including 4 big river basin comprehensive development projects and large and medium sized irrigation water development projects were carried out successfully. Therefore the area of irrigated paddy were increased from 58% in 1970 to 76.2% in 1999. In the past decades, the Government had invested heavy financial funds to develop irrigation water but as an factor share analysis, the contribution rates of irrigation water and investment for farmland base development project have not been identified yet in national agricultural economic level. It is very scarce to find out the papers concerned to macro-economic factor share analysis or contribution rates of water and investment cost to rice production value in Korea considering the production function of the quantity of irrigation water and investment cost as independent variables. Accordingly this paper covered and aimed at identifying (1) derivation of rice production function with the time serial data from 1965 to 1999 and the contribution rates of irrigation water and total investment cost for farmland base development project. The analytical model of the contribution rates was adapted the famous Cobb-Douglass production function. According to the model analysis, the contribution rate of irrigation water to rice production in Korea was shown 37.8% which was equivalent to 0.28 of the production elasticity of water. The contribution rate of farmland base development project cost was revealed 22% and direct production cost of rice was contributed 60% in the growth of rice production and farm mechanization costs contributed to 18% of it respectively. The two contribution rates comparing with the direct production cost were small but without irrigation water and farmland base development, application of high-pay off inputs and farm mechanization might be impossible. Considering the food security and to cope with the frequent drought, rice farming and investment for the irrigation water development should be continued even in WTO system.

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Economic evaluation of thorium oxide production from monazite using alkaline fusion method

  • Udayakumar, Sanjith;Baharun, Norlia;Rezan, Sheikh Abdul;Ismail, Aznan Fazli;Takip, Khaironie Mohamed
    • Nuclear Engineering and Technology
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    • v.53 no.7
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    • pp.2418-2425
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    • 2021
  • Monazite is a phosphate mineral that contains thorium (Th) and rare earth elements. The Th concentration in monazite can be as high as 500 ppm, and it has the potential to be used as fuel in the nuclear power system. Therefore, this study aimed to conduct the techno-economic analysis (TEA) of Th extraction in the form of thorium oxide (ThO2) from monazite. Th can be extracted from monazite through an alkaline fusion method. The TEA of ThO2 production studied parameters, including raw materials, equipment costs, total plant direct and indirect costs, and direct fixed capital cost. These parameters were calculated for the production of 0.5, 1, and 10 ton ThO2 per batch. The TEA study revealed that the highest production cost was ascribed to installed equipment. Furthermore, the highest return on investment (ROI) of 21.92% was achieved for extraction of 1 ton/batch of ThO2, with a payback time of 4.56 years. With further increase in ThO2 production to 10 ton/batch, the ROI was decreased to 5.37%. This is mainly due to a significant increase in the total capital investment with increasing ThO2 production scale. The minimum unit production cost was achieved for 1 ton ThO2/batch equal to 335.79 $/Kg ThO2.

A Model for Production Planning in a Multi-item Production System -Multi-item Parametric Decision Rule- (다품목(多品目) 생산체제(生産體制)의 생산계획(生産計劃)을 위한 모델)

  • Choe, Byeong-Gyu
    • Journal of Korean Institute of Industrial Engineers
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    • v.1 no.2
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    • pp.27-38
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    • 1975
  • This paper explores a quantitative decision-making system for planning production, inventories and work-force in a multi-item production system. The Multi-item Parametric Decision Rule (MPDR) model, which assumes the existence of two types of linear feed-back rules, one for work-force level and one for production rates, is basically an extension of the existing method of Parametric Production Planning (PPP) proposed by C.H. Jones. The MPDR model, however, explicitly considers the effect of manufacturing progress and other factors such as employee turn-over, difference in work-days between month etc., and it also provides decision rules for production rates of individual items. First, the cost relations of the production system are estimated in terms of mathematical functions, and then decision rules for work-force level and production rates of individual items are establised based upon the estimated objective cost function. Finally, a direct search technique is used to find a set of parameters which minimizes the total cost of the objective function over a specified planning horizon, given estimates of future demands and initial values of inventories and work-force level. As a case problem, a hypothetical decision rule is developed for a particular firm (truck assembly factory).

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Economic Analysis of a Rape Production for Biodiesel (바이오디젤 원료용 유채재배의 경제성 분석)

  • Kim, Chung-Sil;Lee, Sang-Ho
    • Korean Journal of Organic Agriculture
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    • v.14 no.3
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    • pp.237-249
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    • 2006
  • The objective of this paper was to evaluate economic feasibility of biodiesel production. Biodiesel is a diesel-fuel replacement produced from domestic renewable resources such as vegetable oils. This paper deals mainly with the income and cost data to analyze economic feasibility of biodiesel. The income of a rape farmer for biodiesel was 206,894won/10a, and it's similar to barley income. In addition a rape production for biodiesel have ancillary effect. Therefore we have to use direct payment for encouraging the production and use of biodiesel.

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Studies of Organic Forage Production System for Animal Production in Korea (한국의 가축 생산성 향상을 위한 유기조사료 생산체계에 관한 연구)

  • Kim, Jong-Duk;Kim, Jong-Kwan;Kwon, Chan-Ho
    • Korean Journal of Organic Agriculture
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    • v.22 no.1
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    • pp.155-166
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    • 2014
  • Organic forage production system is one of the most important aspects in organic livestock production. Animals in the organic farming system are also essential for manure to be used for organic forage production. Both organic forage and animals are essential to maintain the cycle of organic agriculture system. In this paper we introduce the organic forage production system in Korea. Summer and winter crops are getting popular in Korea because of their high forage yield and cultivation in double cropping systems. Common cropping system for forage production in Korea is the double cropping system with legume and grass mixture. Forage sorghum and sudangrass are the most popular ones of annual summer forage corps because of their high production with low cost in the double cropping systems. In the mixture of forage crops, inter cropping is more suitable in the corn and sorghum cropping system because of high lodging resistance and forage yield, and low weed population. Forage sorghum and sudangrass are difficult to preserve as direct-cut silage due to the fact that its high moisture content causes excessive fermentation during ensiling. Corn grain addition to sorghum silage could be recommended as the most effective treatment for increasing quality and reducing production cost. It is recommended that corn grain could be added up to 10% of total amount of silage. And agriculture by-products also can be added at the time of ensiling to minimize losses of effluent and have the additional advantage of increasing quality. Agriculture by-products as silage supplements increased DM content and quality, and decreased the production cost of sorghum silage. Field pre-wilting treatment of forage crops also increased DM content and quality of the silage. Wilting sorghum${\times}$sudangrass hybrid before ensiling was the effective method for reducing effluent and increasing pH and forage quality more than direct cut silage. Optimum prewilting period of sudangrass silage was 1 or 2 days. In organic forage, the most important factor is the enhancement of organic forage sufficiency in relation to the environmental-friendly and organic livestock. Consequently, there are many possibilities for animal production and organic forage production in Korea. No forages no cattle concept should be emphasized in organic farming system.

Analysis of Production Cost in Large Scale Mechanized Rice Cultivation (벼 대규모 기계화 재배에서의 생산비 분석)

  • Chae, Je-Cheon;Koo, Chun-Sur;Gweon, Young-Chul
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.41 no.2
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    • pp.250-256
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    • 1996
  • In order to estimate production cost of rice per ha of large farm, a detail survey of 104ha farm was made in 1994. Amount of labor input and labor cost per ha was calculated as 270, 000won and 108hours. Direct production cost of the farm was 1, 092, 000won(l00) and was lower than that of average farms 2, 067, 000won(189) in Korea. But it still was higher than that of Sac1amento farms 717, 000won(66) and that of Buter Area's, 845, 000won(77). It seems feasible to cut down the cost about 10~15% provided the labor and machinery may be used more efficiently. Some cost down may also be possible on marketing and processing sectors. Therefore it may not be pessimistic in competing with U.S. rice farms if we establish 100ha size well managed and arranged farms in Korea.

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Productivity and Profitability for Direct Seeding Culture of Rice in Mid and Southern Regions (중부와 남부지역 벼 건답직파재배의 생산성과 수익성)

  • 이호진;김수형;이석순
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.39 no.5
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    • pp.512-518
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    • 1994
  • One of most laborious work in rice farming is transplanting of rice seedling which has been required preparation of nursury bed and care of seedling during one month period. In this research, direct seeding in dry paddy(DS) was practiced to compare with traditional tansplanting(TP) in Suwon and Milyang. Growth stages in DS were delayed as its planting time was about 36 days later than TP. Heading stage of DS at Suwon was delayed about 15 days as compared to transplanting culture. Rice yield in DS was decreased 8.2%(Suwon) and 0.11%(Milyang), repectively. Working-hour saving in DS was about 34.0%(Suwon) and 54.0%(Milyang). Production cost of DS was decreased 19%(Suwon) and 29% (Milyang), repectively. Amount of rice production per a unit working-hour in DS could incresed 37%(Suwon) and 113%(Milyang) compared to that of TP, respectively. Therefore, DS was decreased little in rice yield, but it could save working hour and production cost, significantly. Warm region like Milyang had more advantage in DS than Suwon. But, DS needs varietal selection for better emergence in low temperature, and more research in weed control and water management.

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